Memo To: Jack Clark Cc: Mozaffar Khan‚ Derek Johnson From: Mauricio Sadi Andrade Date: March 15‚ 2010 Subject: Lehigh ’s 1993 product mix EXECUTIVE SUMMARY The objective of this memo is to recommend you a product mix for Lehigh in the year of 1993 based on profit calculations and other business considerations. Recommendation: 1993 product mix should include only High Speed Based on an approach resultant from the combination of ABC plus Theory of Constraints (TOC)‚ I recommend
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Press clippings Indian steel industry plays a significant role in the country’s economic growth. The major contribution directs the attention that steel is having a stronghold in the traditional sectors‚ such as infrastructure & constructions‚ automobile‚ transportation‚ industrial applications etc. Moreover‚ steel variant stainless steel is finding innovative applications due to its corrosion resistive property. India is the fifth largest steel producer at the global front and struggling to become
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INTRODUCTION : - Tata Group was Established under the parent company in year 1945. Tata Motors Limited has become India’s largest automobile company. It was the first Indian automobile company to list on the New York Stock Exchange. Tata Motors began manufacturing commercial vehicles in 1954 with a 15-year collaboration agreement with Daimler Benz of Germany. This partnership has led Tata Motors to not only become India’s largest automobile company but also India’s largest commercial vehicle manufacturer;
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There are four theoretical approaches of organizational behaviours which are classical‚ systems‚ human relations and contingency approaches that used in management but not certain to use just one approach in a company. It is because every company has different circumstances during various periods. But management have to understand about the main features of each approach to make the best decision. Classical Approach Firstly‚ classical approach emphasis on the planning of the work‚ the technical
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Job Satisfaction and performance are the terms which are correlated to each other. Empirical theories depict a strong negative correlation whereas picture depicted through Organisational Psychology is totally opposite‚ that is strong positive correlation. The term job satisfaction doesn’t have a proper definition because of the general disagreement between the theorist‚ scientists and researchers. Spector (1994) defines job satisfaction as how people feel about their jobs and several aspects of it;
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structure run the business as per the requirement. The main function is business function and rest are support functions. Depending on the functions department forms. The sub departments or sub functions called verticals. The pyramid structure of organisational rule applies in all departments. Department or function is headed by department heads and verticals are headed by vertical heads who reports to department heads. In organisation like telecom‚ almost all company follows same structure. Bharti
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ECONOMIC ANALYSIS OF INDUSTRY India Steel Industry Steel Companies in India The steel industry‚ in general‚ is on the upswing‚ due to strong growth in demand propelled particularly by the demand for steel in China. The world scenario coupled with strong domestic demand has benefited the Indian steel Industry. [pic][pic]During April-December 2004- 05‚ production of finished steel recorded a growth of 4 percent over the corresponding period of the previous year to reach 28.3 million tonnes
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Organisational theory refers to the study of organisations and this includes the study on the way these organisations function‚ the roles they adopt and how the correlation and interaction between people and their work are put together so as to define their relations with the organisation. Thus‚ organisational theory allows organisations to increase their efficiency in the workforce through the reduction of unnecessary organisational problems. The two theoretical perspectives that have been chosen
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Ratan Tata: Leading the Tata Group into the 21st Century 1. The Tata Group has been transformed from a risk-averse‚ slow-moving giant into a more dynamic and aggressive conglomerate. How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change. Answer The Tata Group transformation can be greatly attributed to the vision and execution of Ratan Tata. He was greatly responsible for the tremendous transformation because he
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Reading/Video questions for Diamond’s Guns‚ Germs‚ and Steel Prologe “Yali’s Question” 1. What is Yali’s question and why did it motivate Diamond to write this book? Yali’s question was “Why is it that you white people developed so much cargo and brought it to New Guinea but we black people have little cargo of our own?” Jared Diamond wrote this book to answer Yali’s question because he didn’t have an answer when Yali asked him the question. 2. What are other ways that Diamond asks
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