describes where we are going. Environmental scanning: Types of strategies: Corporate strategy: describes a company’s overall direction in terms of its general attitude toward growth and the management of its various businesses and product lines. Corporate strategies typically fit within the three main categories of stability‚ growth‚ and retrenchment. Cadbury Schweppes‚ for example‚ was following a corporate strategy of retrenchment by selling its marginally profitable soft drink business
Premium Strategic management Economics Business
Journal August Impact Assessment Of Corporate Culture On Employee Job Performance Olu Ojo Abstract This research study assesses empirically the impact of corporate culture on employee job performance as well as organisational productivity using Nigerian banking industry as the case study. We try to ascertain if organizational culture affects employee job performance‚ and to formulate recommendations regarding corporate culture and employee job performance. In order to achieve the above objectives
Premium Organizational studies Organizational culture Organizational studies and human resource management
PROJECT ON: CORPORATE GOVERNANCE Presented by students of Department of Business Studies‚ DeenDayal Upadhyaya College‚ University of Delhi. Devesh D Lalwani 10/BBS/0165 Shivam Gupta 10/BBS/0177 Abhinav Goel 10/BBS/0179 Jai Singh Gambhir 10/BBS/0157 Declaration We student of Bachelor of Business Studies (1st semester)‚ in Deen Dayal Upadhyaya College‚ University of Delhi‚ hereby declare that I have made this academic project titled ‘Corporate Governance’ as a
Premium Enron scandal Enron
Corporate Governance‚ accountability and ethics in Goldman Sachs 1. Introduction The greatest modern financial crisis is still unraveling the aftershocks now I feel is the most serious in Europe. In fact‚ the lifting of the mortgage crisis in the United States and bankruptcy homeowners damaged in progress‚ but is no longer news. The ultimate responsibility of the crisis‚ the responsibility of the nature and extent of the problem has not been a satisfactory answer. Therefore‚ the community
Premium Corporate governance Management Risk management
business can include new competition‚ legislation or naturally occurring events. The ability to either prevent negative impact or prepare for imminent consequences is critical to any business. One of the first thoughts that crept into my mind was corporate espionage or insider trading. The largest external/environmental obstacle that most businesses will face is their competition‚ knowing where the competition plans to take their company can be critical in formulating an external business strategy
Premium Automobile Air pollution Management
INTRODUCTION There has been considerable interest in recent years in the role of the audit committee as a key corporate governance mechanism. Corporate governance committees and regulators around the world have addressed the need for effective audit committees‚ with many requiring that listed companies must have a committee (European Union (EU) 8th Company Law Directive‚ 2006; Smith Report‚ 2003; United States (US) Congress‚ 2002). Recognising that the existence of a committee does not
Premium Auditing Audit External auditor
CORPORATE GOVERNANCE CG 601 PROJECT PAPER [pic] STUDENT NAME: MARK MISOMALI STUDENT ID NO: 24ELI-11765 INTAKE AND VENUE: EVENING 24‚ LILONGWE LECTURER’s NAME: GAW KACHALI DATE SUBMITTED: DECEMBER 01‚ 2011 PREFACE Many organizations of private or public nature are not spared from the risks of fraud and corruption. The complex business processes make it impossible to find a common solution for combating fraud and corruption. Even in similar business processes the nature of fraud and
Premium Corporate governance Board of directors
Corporate governance broadly refers to the mechanisms‚ processes and relations by which corporations are controlled and directed.[1] Governance structures identify the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors‚ managers‚ shareholders‚ creditors‚ auditors‚ regulators‚ and otherstakeholders) and includes the rules and procedures for making decisions in corporate affairs. Corporate governance includes the processes through
Premium Corporate governance Corporation Management
The key corporate view of finance is to ensure that the shareholders’ wealth is maximized. This at times is not realized because the shareholders‚ who are the owners of the firm‚ do assign duties of control to the managers of the firm. The managers therefore‚ act as agents to their principals (shareholders). The shareholders delegate all the duties to the management and directors of the firms due to a number of reasons for instance; they may be distant from the company location and might be involved
Premium Management Finance Stock
Bibliography: * http://www.businessdictionary.com/article/618/why-is-corporate-governance-important/ * http://www.licindia.in/ * http://www.businessreviewindia.in/top_ten/top-10-business/insurance-top-10 * http://www.licindia.in/GJF_aboutus.htm * http://www.licindia.in/Annual_Report_2011.pdf * http://www.irda.gov.in/ * https://www
Premium Insurance Business ethics Ethics