Business Studies Measuring size of a business No one measure of the size of the business Options Number of employees Number of outlets (e.g. shops) Total revenues (or “sales” per year) Profit Capital employed – amount invested in business Market value Often need to consider several measures together Business size is “relative” – e.g. how large is a business compared with its main competitors? tutor2u™ GCSE Business Studies Sole Traders A sole trader is a business that is owned by one
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R.Srinivasan‚ DME‚ MBA & ( DIRI ) Manufacturing Head M\s Brakes India Ltd.‚ Nanjangud‚ emails: srinivas413@indiatimes.com Dt: 26th Jun ‘ 03 An article on Institution Building There is no doubt‚ that‚ 21st Century is banging a BOOM scenario with lot of organizations‚ factories of various industries and institutions‚ and they are growing at terrific speed and create a lot of implications. Now it is a freelance approach for achievers‚ that‚ any body can become entrepreneur
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if the human resources in any business organization suffer physical or psychological imbalance‚ the information management will be at stake. It is also widely accepted that stress is the primary cause of this imbalance. Commonsense tells us that people under excessive stress are less efficient. A decreased level of efficiency will naturally affect information handling—which requires attention and precision. Excessive stress can cause havoc in an organization. What stress causes to the business world
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Organization Restructuring Challenges Mae Williams BUS: 610 Organizational Behavior Instructor: Dr. Leo Smith February 11‚ 2012 Organization Restructuring Challenges Organizational fluency is vital to achieving stated objectives‚ however‚ maintaining and advancing productivity requires transitional change. Depending on the circumstances‚ degrees of necessary changes vary from minor adjustments to major operational restructuring. Regardless of the nature of the business‚ meeting today’s
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Human Behavior in Organization H – Human B – Behavior (acts of cognitive mind; experiences in the past) O – Organization (2 or more people with common purpose/ideas/objectives) Organizational Behavior Purpose: improve organization’s EFFECTIVENESS * Individual behavior * Group behavior * Firm (organization) Human – behaves on his own & behaves differently when he is in a group OB – field of study that investigates the impact that individuals‚ groups‚ and structure (organizational structure)
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patrol the country-are found in-between the towns and cities (Grant & Terry‚ 2008‚ pp. 13). They also serve as a middle-man for all levels of the criminal justice system. They must manage the county jails‚ which can hold a variety of offenders (Grant & Terry‚ 2008‚ pp. 13). They hold these offenders while they await trail. Jails are also used to transfer prisoners to a different facility. Sheriffs also serve the courts‚ by carrying out court orders and other actions (Grant & Terry‚ 2008‚ pp. 13).
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smoothing with a weight of 0.6 on actual values: a) If sales are $45‚000 and $50‚000 for 2010 and 2011‚ what would you forecast for 2012? (The first forecast is equal to the actual value of the preceding year.) Actual values are 2010: $45‚000 2011: $50‚000 α = 0.6 F2012 = 0.60A2011 + 0.40A2010 = 0.60(50000) + 0.40(45000) =48000 Forecast for 2012 is $48‚000 b) Given this forecast and actual 2012 sales of $53‚000‚ what would you then forecast for2009? Actual value of 2012 = $53‚000 F2009 =
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Tutorial 4 (b) Question 2 Draw a diagram of 7-S framework. Discuss how you can apply the 7-S framework that manifests (exhibit/demonstrate) the business make-up of an IT/IS related organization of your choice. (16 marks) ABC Sdn. Bhd is a well-known software company that develop Payroll software for all sizes of Business Company in Malaysia. Payroll software product that provides by ABC Company such as commission calculation‚ overtime calculation‚ income tax calculation‚ part time calculation
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CAREER ACTION PLAN Although you may be working from a tentative career choice‚ use that career choice or for those of you who have made a career decision use that career decision to develop an action plan. You can always change your mind‚ if you need to‚ and use this same process for a different career path. The purpose of this section is mapping out a plan of action. Having a plan of action leads to the greatest likelihood of helping you move from the reality of the present to the ideas
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Industries were still standing in America; they were actually richer and more powerful than before World War I. So what was so different in the 1930’s? The Great Depression replaced those carefree years into ones of turmoil and despair. The decade after the First World War saw tremendous change. Progressivism was a leading factor of World War I and in the 1920’s the evidence can be seen. Industries were making their products at an increasing rate. Products that were not populous before World War I were
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