Articles Related to Economics 1) Reliance Jio to hire about 7‚000 employees this year MUMBAI: Reliance Industries’ telecom arm will increase its staff strength by nearly three-fold this year to 10‚000 as it gears up to launch fourth generation (4G) services. Company Chairman Mukesh Ambani‚ however‚ did not give any timeframe for the launch of services and said he would give more details only in next AGM about the product and the launch. "Hopefully‚ next year same time I will be able to
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behavior is both a vast and complex area of study. It concerns itself with the study of organizations and management‚ with a focus on anything relevant to the management‚ design and effectiveness of an organization. (John Martin – Organizational Behavior and Management 3rd Edition‚ Thomson Learning 2005‚ p.4.) I will critically evaluate why organizational behavior is important to the success of an organization by focusing specifically on two key areas: organizational structure and motivation.
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functional approach of an organization to recruit‚ manage and provide effective guidelines to employees to achieve its organizational objectives. It involves process of recruiting‚ retention‚ training and development‚ motivation‚ administration and compensation. HRM aims to increase organizational effectiveness and achieve its goal by optimum utilization of its human resources. Recruiting‚ retaining and developing its high quality talent are the critical factors for any organization success. The objective
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Mkg203 Marketing segmentation Market segmentation is the process that dividing a market into different subgroup based on the customer’s needs and wants or characteristics and to gain a competitive advantage within the segments (Schiffman‚ Bendall‚ O’Cass‚ Paladino‚ Ward‚ & Kanuk 2008‚ p.30). The strategy of market segmentation had been widely adopted in global countries such as China and Australia. Demographic segmentation: Demographic segmentation variables involve age‚ sex‚ marital status
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requirement for an employee to learn the organizational culture and familiarize with the organization. The process of induction is important to bring new employees into an organisation. This process of induction helps the employee understand his rights within the organization and the expected terms of an employee in the working environment. The company’s impression is improved on an employee if the organization covers all the medical and legal requirements of the employee along with the his or her
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Historical Development of Organization Behavior The field of organization has developed from the studies conducted by the behavioral students of organization. 1. The Classical Theorists Just before World War II‚ and aftermath of the Industrial Revolution‚ the shape and nature of management started changing. Large scale production‚ poor labour conditions‚ poor environment‚ gave birth to the thinking whether production can be increased by improving these conditions. It is from this perspective
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Cognitive dissonance Cognitive dissonance is the term used in modern psychology to describe the state of people when holding two or more conflicting cognitions (e.g.‚ ideas‚ beliefs‚ values‚ emotional reactions) simultaneously. In a state of dissonance‚ people may sometimes feel surprise‚ dread‚ guilt‚ anger‚ or embarrassment.[1] The theory of cognitive dissonance in social psychology proposes that people have a motivational drive to reduce dissonance by altering existing cognitions‚ adding new
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MK400 – Consumer Behaviour Assignment 1 Suggested Answer Model of Consumer Behavior Consumers make many buying decisions every day‚ and the buying decision is the focal point of the marketer’s effort. Most large companies research consumer buying decisions in great detail to answer questions about what consumers buy‚ where they buy‚ how and how much they buy‚ when they buy‚ and why they buy. Marketers can study actual consumer purchases to find out what they buy‚ where‚ and how much. But learning
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Chapter 1a: Strategy and the organisation 1.0 What is an organization? 1.1 An organization as a collection of components 1.1.1 Internal environment An organization can be seen as consisting of the following components: Strategies Structures Systems Skills Staff Style Shared beliefs: Social systems Note: McKinsey’s 7S framework 1.2 Organisations as collections of people and entities 1.2.1 Internal Stakeholders (i) Board of Directors (ii) Managers (iii) Staff (iv) Unions
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interpersonal or people skills if they are going to be effective in their jobs. Organizational behavior (OB) is a field of study that investigates the impact that individuals‚ groups‚ and structure have on behavior within an organization‚ then applies that knowledge to make organizations work more effectively. Specifically‚ OB focuses on how to improve productivity‚ reduce absenteeism and turnover‚ and increase employee citizenship and job satisfaction. We all hold generalizations about the behavior
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