to satisfy the needs of a target market at a profit". The most comprehensive definition‚ in my opinion‚ was given by the American Marketing Association (AMA): "Marketing is an organizational function and a set of processes for creating‚ communicating and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders". Chartered Institute of Marketing defines marketing as “the management process responsible for identifying‚ anticipating
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Employee welfare Our human resources system and welfare programs As the driving force for putting Astellas’ business philosophy into practice‚ employees are the stakeholders most deeply involved in Company efforts. Therefore‚ Astellas positions “Employees” as one of the most important factors in CSR based-management. Along with showing respect for human rights‚ character and individual personality‚ the Company strives to provide workplaces that are safe and easy to work in. As a response to social
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Democratic India‚ Communist China As we known‚ the administration of the government is important to social improvement‚ economic‚ political policy and Gross Domestic Product for a state. Moreover‚ I can affect the position of a state to the world. First‚ let me introduce the situations of contemporary China and India. It is clearly that depending on the high growth economy‚ the power of China nowadays can shake the world. And there are over 40% world’s populations are the citizens of China and
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CHAPTER - I INTRODUCTION Employee Morale refers to an attitude of satisfaction with a desire to continue and strive for attaining the objectives of a factory. Morale is purely emotional. It is an attitude of an employee towards his job‚ his superior and his organization. It is not static thing‚ but it changes depending on working conditions‚ superiors‚ fellow workers pay and so on. Morale may range from very high to very low. High Morale is evident from the positive feelings of employees such
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Charnov‚ B. Management: A Streamlined Course for Students and Business People. (Hauppauge‚ New York: Barron’s Business Review Series‚ 1993)‚ pp. 155-169. Chapter 11: ORGANIZATIONAL STRUCTURES: CONCEPTS AND F0RMATS KEY TERMS departmentalization the grouping of related functions into manageable units to achieve the objectives of the enterprise in the most efficient and effective manner. delegation the process that makes management possible because management is the process of getting results
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motivation and evaluate critically the extent to the link between motivation and organizational performance. Work motivation is an ensemble of internal and external forces which could initialize the work behavior‚ determining its direction‚form‚ intensity and duration which is concerned with positive incentives and avoid negative incentives in the workplace (Pinder 2008). There are an array of theories that were put forward by organizational scholars. For instance‚ Maslow’s Need-based theories which
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Primary objective: Maximise shareholder wealth. Shareholder wealth is maximised by dividend payments and a capital gain through higher share price. Secondary objectives: Meet financial targets (e.g. satisfactory ROCE) Meet productivity targets Establish brands and quality standards Establish effective communication with customers‚ suppliers‚ employees. Why is Maximising Shareholder Wealth the Main Objective? 1. Wealth Maximisation Considers Cash Flows Shareholders of a company can realize
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Cross-City Evidence on the Relationship between Immigration and Crime / 457 Cross-City Evidence on the Relationship between Immigration and Crime Kristin F. Butcher Anne Morrison Piehl Abstract Public concerns about the costs of immigration and crime are high‚ and sometimes overlapping. This article investigates the relationship between immigration into a metropolitan area and that area’s crime rate during the 1980s. Using data from the Uniform Crime Reports and the Current Population
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be amongst the list of top industries in a country like India. If the target goal is to be achieved there must be good industrial relations between management and labourers. From the time of production to sale of product‚ each and every member from the high level of executive to low level of worker should work together. Once the problems arise between the workers and management then the industry will be in great difficulty‚ some time the company will be trapped and pull down from its shutter
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Our nation protects the common welfare while protecting our natural rights. There is controversy‚ on some issues‚ whether the common welfare‚ the whole country‚ is more significant than the individual rights of the people. However‚ one simply cannot be more vital since they correspond with each other. The definition of common welfare is what is in the best interests of everyone in the country while natural rights are the right to life‚ liberty‚ and the pursuit of happiness. The Declaration
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