STRATEGIC LEADERSHIP AND DECISION-MAKING: ETHICS AND VALUES APRIL‚ 2010 INTRODUCTION Values and ethics are central to any organization. What exactly do we mean by values and ethics? Both are extremely broad terms‚ and we need to focus in on the aspects most relevant for strategic leaders and decision makers. What we will first discuss is the distinctive nature of ethics; second‚ we will take a look at work ethics; third we will look into strategic leadership and decision making; fourth we take a
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Why Guanxi and Mianzi Play an Important Role in Chinese Business Culture Diana Yuan Zhang University of Houston-Victoria Abstract The paper discussed why guanxi and mianzi are the main factors that directly affect the business and politic side of China‚ and this is molded culturally for the past five thousand years. And how is this cultural influence becoming stronger than ever before. By contrasting and analyzing guanxi and mianzi‚ this research paper is intended to point out the differences
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Decision Making Group decision making occurs when a specific group of people make a choice regarding a process or procedure in the work place. Group decision making can also include a group of friends getting together and making a decision where to go for the evening. Decision making can be easy‚ hard or somewhere in the middle; many times how hard the process is depends on the team or group of people that have to make the decision. The type of decision and the number of people the decision will
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COURSE TEMPLATE 1. Course information 1.1 Course number 1.2 Course Title 1.3. L-T-P structure MEL342 POWER PLANT TECHNOLOGIES 3-0-2 1.4 Status DE for ME1‚ OC for others 1.5 Pre-requisites MEL242 (Energy Conversion) & AML140 (Mechanics of Fluids) 1.6 Course coordinator Sunil R. Kale 2. 2.1 Credits 4 Schedule Lectures Tu‚ Th & F 11 to 11:50 AM Video Studio (G.F.‚ MS Bldg) via NKN to IIT Mandi and IIT Ropar 2.3 Practicals
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Environmental Issues Environmental issues are indeed everyone’s concern. There have been a lot of efforts being put by the parties who are interested and concerned to limit the damage done to the environment around the world as well as to raise public awareness around the world. There are three major factors which contribute to the pollution in my city. These factors include the industrialization which is currently taking place‚ the development of the new townships in and around the city as well
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Decision making across the organization Introduction Capital Intensive: A business process or an industry that requires large amounts of money and other financial resources to produce a good or service. A business is considered capital intensive based on the ratio of the capital required to the amount of labor that is required. (investopedia) Labor Intensive: A process or industry that requires a large amount of labor to produce its goods or services. The degree of labor intensity is typically
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Making It in America America is growing and changing‚ and the fastest growing minority group is the Hispanic population. The 2010 United States Census Bureau data shows the Hispanic population grew from 35.3 million people in 2000 to 50.5 million people in 2010. That increase accounts for more than half the population growth in America over the last ten years. The Hispanic community is going to continue to grow and contribute to our society in big numbers. It is important that they successfully
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with business-related decisions. However‚ the making of such decisions in the real world is often unstructured. The term ‘rational decision making’ epitomises the confusion and widely varying interpretations surrounding this phenomenon. A process-oriented approach may‚ therefore‚ seem different from traditional ways of arriving at a choice. Nevertheless‚ the benefits of adopting such an approach are significant‚ and its use seems certain to improve managerial decision making in organisations. The
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Many of the international students are from Asia and Africa‚ there are China‚ India‚ Nepal‚ Vietnam‚ Thailand‚ Indonesia‚ Taiwan‚ Malaysia‚ Nigeria and Tanzania. My feelings were conflicting‚ on one side‚ I’m disappointed that there are not a single British in the course‚ on the other‚ I was happy to see the diversity of the course. This could provide me the settings and the environment of international business. I’m given the opportunity to work and communicate with people from different cultures
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The Role of Perception in the Decision Making Process In psychology‚ perception is the process of acquiring‚ interpreting‚ selecting‚ and organizing sensory information. Many psychologists state that‚ as we live in this world‚ we make a model of how the world works. We sense the objective world‚ but our sensations map to these percepts which are provisional. As we come across new information‚ our percepts change. (Wikipedia‚ 2006) A number of factors shape and sometimes distort perception.
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