CONTINGENCY contingency plan is a plan devised for an outcome other than in the usual (expected) plan.[1] It is often used for risk management when an exceptional risk that‚ though unlikely‚ would have catastrophic consequences. Contingency plans are often devised by governments orbusinesses. For example‚ suppose many employees of a company are traveling together on an aircraft which crashes‚ killing all aboard. The company could be severely strained or even ruined by such a loss. Accordingly‚
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Politics and Power: Examples from Today ’s Corporate World An effective organization focuses on strong leadership‚ power and political issues. These components are critical to creating an organization mindful of values‚ ethics‚ culture and innovation. Analyzing the use of power and politics are essential to understanding the behavior of individuals within organizations. There are two sides to power and politics. In one respect power and politics imply the shady side of leadership. However‚ power and politics
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schemes of hydroelectricity. * It is a clean‚ pollution free and eco-friendly source of energy. * It is the only source of electricity generation in hilly and remote‚ inaccessible areas where generation from other sources or transmission of power over long distances would not be feasible. Cost of building the plant and return on investment is fast compared to large hydro and hence would attract many private investors to invest. * Rehabilitation and resettlement which is the major concern
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Topic 5: Power in India Introduction For any country to achieve sustained economic growth‚ the most important is the growth of infrastructure sector and hence the development of power sector. Energy in general and electrical energy in particular is the basic need for any kind of socio-economic developmental activities. There is direct causal relationship between energy consumption and G.D.P. growth in India as shown in the figure - 1. Figure [ 1 ] Per Capita Electricity consumption vs. GDP
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Information Age Transformation Series Power to the Edge Command... Control... in the Information Age David S. Alberts Richard E. Hayes with a Foreword by John Stenbit About the CCRP The Command and Control Research Program (CCRP) has the mission of improving DoD’s understanding of the national security implications of the Information Age. Focusing upon improving both the state of the art and the state of the practice of command and control‚ the CCRP helps DoD take full advantage
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Introduction While business is growing at a rapid rate‚ power and control is play a significant role in management control system. The concept of control and power‚ also are the important elements of organizational behavior. However‚ because of the development of society‚ some people always confuse the means of power and control. In order to enhance work behavior and organizational performance‚ the people who work in a organization should learn how to use power and control properly. Control systems are widely
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We have made it half way through our journey together (I can hardly believe it!). It is a good time to stop and take a break. It is a good time to think about where we’ve been and what we’ve done‚ where we are and what we are doing‚ where we are going and what we will do. Topic: In this writing class‚ what have you learned? What do you believe you still need to work on more? How/can you use what you have learned in other contexts? I have two requests as you write: 1) Please
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Authority Authority means the legitimate or acceptable use of power. “If an order given by a leader to a member of his group is accepted by the member and controls his activity in the group‚ then the order is said to carry authority” C.I Barnard Authority means the ability to control the behavior of others. Authority is a symbolic reality and it is the ability to influence person’s actions in a desired direction without resorting to force. The most important earthly influence in a person ’s life
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Business Plan 25/4/13 Table of Contents Introduction ................................................................................................................................... 3 Company Profile ........................................................................................................................... 4 Foundation ..................................................................................................................................... 5 Board of Directors
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A Critical Analysis of “Knowledge is Power” 1. Introduction The claim of “Knowledge is power”‚ made by Francis Bacon‚ has been universally well known. Originally‚ it was proposed to stress the importance of knowledge in science and an academic spirit because human were experiencing a major scientific revolution at that time and information technology is not as developed as now to spread knowledge. Now it has been recognised by a much wider range of fields. An interesting question is what
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