ICICI bank is the second largest bank in India in terms of both asset and market capitalization. It provides a wide variety of financial products to both corporate and retail customers. It has a network of 3‚800 branches and has 11‚162 ATMs in India and is present in 19 countries. Marketing strategy ICICI bank’s USP generally lies in its product innovation‚ its pioneering in modern banking and customer relationship management. ICICI bank focuses on relationship marketing. Even its value proposition
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Influence of Social Culture and Industry Culture on Organizational Culture Niloofar Namjoofard Global Challenges B7521 Argosy University Fall I‚ 2012 Dr. Nkemeh Relationship Between Social Culture‚ Industry Culture and Organizational Culture According to Briscoe & Schuler global organizations try to offer products and services with lowest costs‚ highest quality and shortest time of delivery to wherever demand is sufficient. They provide the resources from wherever the
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company/firm/individual requires money to meet the day to day business operations‚ for purchasing stocks and for acquiring raw materials for processing and conversion to finished good. Banks provide finance to purchase inventory directly by providing funded limits or by issuing letter of credit or Bank Guarantee. Bank also provides receivables finance to provide liquidity to the customers. 1.2 CREDIT - THE LIFELINE OF BUSINESS Of all the elements that go into a business‚ credit is perhaps the most
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The role management should play in the workplace psychology according to Ayame Nakamura situation. Even though she is a manager‚ she has a manager‚ and that person should approach Ayame with respect for her different cultural background. Although Ayame may feel inferior‚ due to the confrontational nature of the job. Do not let that stop you‚ because there should be a barrier broken with a big respect for diversity. A manager over another manager should be able to praise the manager on the good things
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the years after independence‚ the banking sector in India was primarily dominated by the state banks. They played a significant role in the development process of the c9ountry ’s economy. The period 1969-1990‚witnessed rapid branch expansion and adequate flow of credits to all sectors. The mid eighties saw the commercial banks to consolidate the gains of expansion .At this point of time 90% of the banks were in public sector‚ being closely regulated in all respect. But till 1990-91 India has not
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  Management plays several different roles but one major role is Communication. Communication is a transfer of understanding and meaning from one person to another (p. 320). Everything that management does involve communication. Communication is verbally as well as non-verbally. Ex. You must know how to write. If you’re writing some information down to present to your employees and when you have poor writing skills‚ they wouldn’t understand what you’re trying to say. That’s because you
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green technologies and environmental issues. Singapore is like the best of both worlds. Culturally and climate wise similar to Asia and rules‚ regulations and policies of those like any western country. Singapore has a mixed racial population. There are Chinese (mainly)‚ Malay‚ British expats‚ Indians staying there as Permanent Residents for so many years harmoniously together. Review Culture may be viewed as a group ’s "collective being" which is both static and dynamic in nature‚ and may be
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Contents Concept of Culture 2 What is Organizational Culture 3 The Internet and Organizational Culture 3 Cultural Change 5 The Classical Approach to Cultural Description 5 New Ways of Describing Culture 6 Culture as Emergence 7 Steps in Organizational Culture Change 8 Managing Organization Cultural Change 8 Bibliography 12 ORGANIZATIONAL CULTURE AND CHANGE MANAGEMENT Concept of Culture The concept of culture is complex and definitions of culture vary. The anthropologist
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and work. Organizational behavior is compatible with careers in consulting‚ human resources‚ organizational design‚ and change management. In addition‚ the field can be effectively combined with other specializations. Organizational development is the process through which an organization develops the internal capacity to be the most effective it can be in its mission work and to sustain itself over the long term. This definition highlights the explicit connection between organizational development
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1. Describe the culture of Virgin group by seven dimension of organization culture. Organizational culture has been described as the shared values‚ principles‚ traditions‚ and ways of doing things that influence the way organizational members act. Actually‚ it can divided seven dimension of organizational culture which are attention to detail‚ outcome orientation‚ people orientation‚ team orientation‚ aggressiveness‚ stability and innovation and risk taking‚ and now I will use these seven dimensions
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