INTRODUCTION “Not only had India….set up his own machinery for oil exploration and exploitation….an efficient oil commission had been build where a large number of bright young men and women had been trained and they were doing good work.” -Pandit Janwarlal Nehru to Lord Mountbatten‚ on ONGC (1959) ONGC Group of Companies comprising of ONGC Limited‚ and its subsidiaries ONGC Videsh Limited (OVL)‚ ONGC Nile Ganga BV (ONGBV) and Mangalore Refinery and Petrochemicals Limited (MRPL) organize
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THE MOTIVATIONAL SPEECH Type of Speech: Students will deliver a 6-8 minute oratory that is motivational in nature. Purpose: ❖ To motivate your audience to act on your advice or agree with your perspective. ❖ To develop a speech that includes clarity‚ economy‚ and grace. ❖ To use stylistic devices in your speech (see pages 121-130) ❖ To work without notecards or a manuscript (i.e. memorized…). ❖ To incorporate decisive movement as you speak. Assignment: A. Select your topic B. Develop
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CAPITAL BUDGETING MEANING OF CAPITAL BUDGETING Capital budgeting is the making of long term planning decision for investment fixed assets and their financing. Capital budgeting decision is concerned with current investment that will pay for itself and yield an acceptable rate of return over its life span. Hampton (1992) defines capital budgeting as the decision making process by which firms evaluate the purchase of major fixed assets‚ including buildings‚ equipment. It also covers decisions to
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Abstract This paper will explore and discuss the motivational factors that managers must be proficient with in order to accomplish the organization’s goals and objectives. This exploration and discussion will include aspects of different theories to understand how motivation affects the accomplishment of the organization’s goals and objectives. This exploration will be emphasized and interconnected with motivational theories to increase the success of today’s organizations and explain the impact
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MODULE 9 CAPITAL BUDGETING THEORIES: Basic Concepts Decision Making Process 2. The first step in the decision-making process is to A. determine and evaluate possible courses of action. B. identify the problem and assign responsibility. C. make a decision. D. review results of the decision. Strategic planning 39. Strategic planning is the process of deciding on an organization’ A. minor programs and the approximate resources to be devoted to them B. major programs
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Motivational Methods LS HCS/325 4/15/2013 Sharon Sauls Motivational Methods Many organizations throughout the nation have resorted to downsizing and it is becoming more common. As a manager‚ having the strength to motivate your staff even when your business has hit its darkest hour can be daunting. Some organizations have downsized departments‚ as others have to cease operations completely. Everything from fortune 500 to ambulances companies are making adjustments
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SALES BUDGETING AND FORECASTING OF BRITANNIA Group members: Rating: Abhinav Aggarwal – 01 5 Avnita Agrawal – 02 5 Srishti Chitlangia – 10 5 Humera Khan – 26 5 Priya Majhi – 45 5 Zain Shaikh – 59 5 Vinay Singh – 68 5 SALES BUDGETING:- Meaning of Sales Budget Sales Budget reflects the targeted sales revenue. Sales Expense budget shows the expenses necessary to reach the targeted sales
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NAME OF COMPANY/ORGANIZATION : Company/organization for this research is Graduate School of Business (GSB) ISSUE TO STUDY : The main objective of this study is to identify the effectiveness in empowerment of financial activities to the school or responsibilities center within. This policy has been set up by the Vice Chancellor of in accordance to the pronouncement of the designation of the Accelerated Programme For Excellence (APEX) status in September 2008. APEX university programme
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Date of Submission: 10/07/2012 Title of Assignment: Leadership Leadership Effective leadership has a tremendous impact on the success of an organization. Darling & Heller (2011) infers that “with regard to individuals in leadership roles‚ their thoughts and feelings‚ fundamentally based on attitudes‚ thereby also control the levels of organizational success and every other aspect of an organizational leader ’s arena of endeavor” (p. 9). Achieving optimal organizational
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Costing and Cost Accumulation in a Batch Production Environment ANSWERS TO REVIEW QUESTIONS 3-1 (a) Use in financial accounting: In financial accounting‚ product costs are needed to determine the value of inventory on the balance sheet and to compute the cost-of-goods-sold expense on the income statement. b) Use in managerial accounting: In managerial accounting‚ product costs are needed for planning‚ for cost control‚ and for decision making. c) Use in cost management: In order
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