CHAPTER-16 - WORLD TRADE ORGANISATION Q.1 : Discuss the objectives and functions of WTO. (M.2011) Ans. A) EMERGENCE OF WTO :- After the Second World War‚ many countries got down together to work on ways and means to promote international trade. The result was signing of General Agreement on Tariffs and Trade (GATT) by 23 countries in 1947. India was one of the founder members of GATT. GATT was created to reduce global depression and to liberalise and regulate the world trade by reducing tariff
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consumers‚ providing convenience items in addition to service (Azimont & Araujo‚ 2009). In attending to these changing needs a range of marketing tools known as the marketing mix must be utilised appropriately to guide businesses into a profitable organisation. These elements are often referred to as the four P’s; product‚ price‚ promotion and place and all work together to satisfy customer needs (Solomon‚ Hughes‚ Chitty‚ Fripp‚ Marshall & Stuart‚ 2011). In regards to petrol stations the product
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1 Different Types Of Schools 1.1 State Schools. Voluntary aided‚ Voluntary Controlled‚ Community Schools‚ Trust Schools‚ Foundation School. Independent Schools. Specialist Schools‚ Independent Schools‚ Academes‚ Free Schools. 1.2 Voluntary Aided. A mainly religious or faith schools that can be of any religion‚ and people of any religion can attend these schools‚ they are run by a governing body and are partly funded by a governing body a charity and the local authority. Their admissions
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1.3. Social 5 1.4. Technological 5 1.5. Part II. Internal environment of Baker & McKenzie 6 2.1 The Hard 3S’s (Structure‚ Strategy‚ System) 7 2.2. The Soft 4S’s (Style/Culture‚ Staff‚ Skills‚ Shared Values) 8 2.2.1 Style/Culture 8 2.2.2 Staff 9 2.2.2 Skills 10 2.2.3 Shared Values 10 Part III. Development Framework analysis 11 3.1 Globalization 11 3.2 Performance management
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of the organizations manpower. This meant that middle class managers reported both to their functional leaders as well as to their business leaders. Europe‚ on the other hand‚ was a heterogeneous market‚ comprised of different nations‚ cultures and consumer preferences. P&G established the geographic management model in order to accommodate the company’s products to every local demand. Every European country had a daughter company who altered P&G’s products to suit the local market. In
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References: 4) The Advantages of Workplace Culture in an Organization. (2014). Miranda Brookins (2014). [online] Retrieved from: http://smallbusiness.chron.com/advantages-workplace-culture-organization-2951.html [Accessed: 19 May 2014] 5) 141 – The Benefits of A Good Organization Culture (2013) 10) Roger A. Kerin‚ Lau Geok Theng‚ Steven W. Hartley‚ William Rudelius (2012). Marketing in Asia. (Second edition) Singapore: McGraw-Hill (2012) 11) Changing the culture at Jaguar 14) Examples of Organization
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Toyota Motor Corporation (TYO: 7203) has often been referred to as the gold standard of the automotive industry. In the first quarter of 2007‚ Toyota (NYSE: TM) overtook General Motors Corporation in sales for the first time as the top automotive manufacturer in the world. Toyota reached success in part because of its exceptional reputation for quality and customer care. Despite the global recession and the tough economic times that American auto companies such as General Motors and Chrysler faced
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Learning Organization By Subodh Shakya “A Learning Organization is one in which people at all levels‚individually and collectively‚ are continually increasing their capacity to produce results they really care about”-Peter Senge It is a fact that learning is a continuous process. What we learn today will be obsolete tomorrow and what we learn tomorrow will be obsolete the very next day and this cycle continues. Therefore‚ we must learn and explore new things every day to keep us up-to-date. Likewise
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Gruter Institute Project on Values and Free Enterprise With support from: John Templeton Foundation UCLA – Sloan Research Program Ann & Gordon Getty Foundation What is a Business For?* Charles Handy Fellow of the London Business School This chapter is part of a collection posted on the SSRN website in the Economics Research Network section located at - http://papers.ssrn.com/abstract=932676 Electronic copy available at: http://ssrn.com/abstract=932676 2 What is a Business For
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There are three different types of approaches to organisation which are classical‚ neo-classical and modern. Below I have explained in detail what they mean according to my research. Classical approach to organisation has concepts that are commonly known as classical concepts or classical theories of an organisation. An organisation is the structure of power‚ relationships‚ objectives‚ roles‚ activities‚ communication and other factors that exist when a person works together with someone. The
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