Information Technology (IT) in the Banking Sector Banking environment has become highly competitive today. To be able to survive and grow in the changing market environment banks are going for the latest technologies‚ which is being perceived as an ‘enabling resource’ that can help in developing learner and more flexible structure that can respond quickly to the dynamics of a fast changing market scenario. It is also viewed as an instrument of cost reduction and effective communication with people and
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Chapter 18: Inventory Management in Blood Banks Harshal Lowalekar and N. Ravichandran Operations Management and Quantitative Techniques Area Indian Institute of Management Indore 18.1 What is Blood? Blood performs many important functions in the human body such as carrying oxygen and nutrients to the various cells and tissues of the body‚ waste removal‚ fighting against diseases‚ regulation of the body temperature‚ regulation of body acidity‚ etc. [1‚ 2]. Blood contains three different kinds of
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Grameen Bank | | |[pic] | |Type |Body Corporate (Bank Ordinance) | |Industry |Finance | |Founded |1983 | |Headquarters |Dhaka‚ Bangladesh
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308). The structure of the promissory note is that of a discount security‚ sold by the issuer for less than the face value in exchange for the face value at maturity (Viney & Phillips 2012‚ 308). The discount amount‚ which is the difference between the face value and the issue price‚ is the cost of borrowing to the issuer and the gain for the buyer of the P note. The roles of the parties to a P-note issue are dealers and lead managers. Most P-note issue is done by major commercial banks‚ investment
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Matrix management is a technique of managing an organization (or‚ more commonly‚ part of an organization) through a series of dual-reporting relationships instead of a more traditional linear management structure. In contrast to most other organizational structures‚ which arrange managers and employees by function or product‚ matrix management combines functional and product departments in a dual authority system. In its simplest form‚ a matrix configuration may be known as a cross-functional work
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Organization Structure of Ready Pac Foods The company I selected for this assignment in describing organizational structure is the company I work for Ready Pac Foods. In the past 10 years our company has been restructure many times due to changes in the CEO and Presidents role. The organization structure of Ready Pac has change from a functional structure‚ divisional structure to a matrix structure. These change occurred due to servicing customer on a national scale and opening of new manufacturing
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work‚ a school‚ perhaps a volunteer organization‚ or a reading group. You are undoubtedly influenced by many other organizations in your life‚ such as a health care organization like a doctor’s office or hospital‚ a church group‚ a child’s school‚ a bank‚ or the local city council or state government. Using an expansive definition of organization‚ you could name your own family or a group of friends as an organization that you belong to as well. With just a few moments’ reflection‚ you are likely to
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Organizational Culture Essay Organizational culture is a complex concept including many different meanings. In this essay‚ the definition of organizational culture is described as "a set of shared values and norms that controls organization members "interaction with each other‚ and with suppliers‚customers and others outside the organization‚ given by Gareth Jones. According to Morgan ’s theory‚ metaphor is a method to explain a phenomenon or create meaning by using one element of experience to
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Organization structure is defined as the way that an organization arranges its employees and management so that efficient work can be performed and it can meet its targeted goals.2 When an organization is small‚ a sole proprietorship or partnership where face-to-face communication is frequent‚ formal structure may not be necessary. In a larger organization such as a corporation or limited liability company‚ a more defined structure must be utilized‚ as decisions have to be made about the delegation
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CHAPTER 1: ORGANIZATIONS AND ORGANIZATIONAL EFFECTIVENESS LEARNING OBJECTIVES 1. Explain why organizations exist and the purposes they serve. 2. Describe the relationship between organizational theory and organizational design and change‚ and differentiate between organizational structure and culture. 3. Understand how managers can utilize the principles of organizational theory to design and change their organizations to increase organizational effectiveness. 4. Identify the three principal
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