PRINCIPLES OF MANAGEMENT III DEFINE ORGANIZATION; DISCUSS THE CHARACTERISTICS‚ IMPORTANCE AND ITS SIGNIFICANCE. INTRODUCTION: The word is derived from the Greek word ORGANON‚ itself derived from the better-known word ERGON which means "organ" – a compartment for a particular task. ORGANIZATION is the foundation upon which the whole structure of management is built. It is related with developing a frame work where the total work is divided into manageable components in order to facilitate the achievement
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continuing interest in the study of the forces that impact on an organisation‚ particularly those that can be harnessed to provide competitive advantage. The ideas and models which emerged during the period from 1979 to the mid-1980s (Porter‚ 1998) were based on the idea that competitive advantage came from the ability to earn a return on investment that was better than the average for the industry sector (Thurlby‚ 1998). As Porter’s 5 Forces analysis deals with factors outside an industry that influence
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Trans-Pacific Partnership Hello and good evening to everyone‚my name is Mohd Zuhairi b Mazlan and I’m second year of Ukm’s student.i’m from Malaysia and it’s a great pleasure to share with all of you about the Trans Pacific Partnership and what the significance of it for Malaysia The Trans-Pacific Partnership‚ also known as the Trans-Pacific Strategic Economic Partnership Agreement or TPP agreement is a multilateral free trade agreement that
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‘I can’t believe how much we have changed in a relatively short time. From being an inward-looking manufacturer‚we became a customer-focused “design and make”operation. Now we are an integrated service provider. Most of our new business comes from the partnerships we have formed with design houses. In effect‚ we design products jointly with specialist design houses that have a well-known brand‚ and offer them a complete service of manufacturing and distribution. In many ways we are now a “business-to-business”
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BUSINESS PROSPECTS OF “THE THUNKER” Elizabeth Alfred Bus105 October 2010 BUSINESS PROSPECTS OF “THE THUNKER” 2 Business owners can form sole proprietorships‚ partnerships‚ or corporations. Each type of business entity has its pros and cons that can have a significant impact on the business and its owners. When considering a new product for a saturated market such as the clicker or the three-pronged
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The phenomenon of social networking online has created many benefits for the individual and society but it also carries with it some serious risks and drawbacks. Discuss both the benefits and downsides of online social networking. Everything has two sides and online community of people with varied interests is no exception. A certain part of society advocates that social media channels are potential powerful tools when building new and up-to-date individual and collective relationships in many
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1. Summarize your competing from Christianity. Competing form of Christianity: Marcionism. One competing form of Christianity is Marcionism. This religious movement was founded by Marcion of Sinope‚ who was a wealthy ship builder‚ raised as a Christian and whose father was a bishop. Marcion separated from Christianity around 144a.d. after being excommunicated from the church. At that time‚ he expressed views inconsistent with the underlying premise of Christianity. Marcionites are of the belief there
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and the progress of a child. Partnership model works around the theory of collaboration‚ understanding and communication. It helps to recognise how the best results can happen when the child’s in care and that is why we all must work together. The partnership model looks like: As worker with the children‚ we must know everything about the child; we have to seek and share information to parents and others who are concern. In my setting‚ we encourage partnership by: welcome parent to join and
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Corporate Culture (a) What do you think is the dominant corporate culture in your organization? Describe some of the features of this culture‚ what shaped them‚ and comment on their effects (both positive and negative) on organizational performance and staff behaviour and motivation. (b) Could some of the negative cultural features be changed or minimized? If yes‚ describe how you would go about changing them using any change model you like and what resources/support are needed. Suggest the
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Organizational Forms: Work and Organization in the 21st Century We live in a dynamic world and the dynamism continues to grow. As the dynamism progresses‚ newer paradigms of strategy‚ organization and work are explored to maintain a balance and cope with the pace. The transformation of business activity‚ through technological development‚ the shorter life-cycle of business ideas and products‚ and the need for new skills requires new strategies and new forms of work organization. Hence‚ conventional
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