Limitations of the BCG model. The BCG model is criticised for having a number of limitations (Kotler 2003; McDonald 2003): ➢ There are other reasons other than relative market share and market growth that could influence the allocation of resources to a product or SBU: reasons such as the need for strong brand name and product positioning could compel resource allocation to an SBU or product (Drummond & Ensor 2004). ➢ What is more‚ the model rests on net cash consumption or generation as the
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Fred Fiedler developed the first comprehensive contingency model for leadership Fiedler’s contingency model proposes that effective group performance depends on the proper match between the leader’s style and the degree to which the situation gives control to the leader. The model consists of three steps. The first step is identifying the leadership style. To find out the leadership style Fiedler created the least preferred co-worker questionnaire. The questionnaire measures whether a person is
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Toolset Network Problems Linear programming has a wide variety of applications Network problems Special types of linear programs Particular structure involving networks Ultimately‚ a network problem can be represented as a linear programming model However the resulting A matrix is very sparse‚ and involves only zeroes and ones This structure of the A matrix led to the development of specialized algorithms to solve network problems Types of Network Problems Shortest Path Special case:
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THE S-CURVE Introduction The first time most project managers become aware of the existence of S Curves is when they are requested by the client or senior management to include one in their next progress report. The following explains what the mysterious S Curve is‚ why it is an important project management tool‚ and how to generate one. What is a S Curve? A S Curve is defined as "a display of cumulative costs‚ labour hours or other quantities plotted against time. The name derives from
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understand the process of changing addictive behaviors is a model of intentional behavior change called the transtheoretical model. Transtheoretical model (also known as the stages- of- change theory) suggests that one of the major challenges in substance abuse treatment is to “creatively adapt to the complexities of change using a selection of change processes dependent upon individual’s readiness" (Diclemente‚ C. C.‚ p. 2‚ 1999). In this model‚ there are three critical elements in the change process:
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The Transtheoretical Model (TTM)‚ also known as the Stages of Change Model‚ was developed in 1983 by Prochaska and DiClemente‚ coming out of their work comparing the experiences of smokers who were able to quit on their own and those who quit using professional treatment (Glanz & Rimer‚ 2005). They proposed that behavior change is not a single event but rather an ongoing process where individuals move through six stages: precontemplation‚ where people are not yet thinking of change; contemplation
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The Presentation of Self (Goffman’s Dramaturgical model) A. The Dramaturgical Model 1. All the World’s a Stage 2. The Performance B. Impression Management 1. The Definition of the Situation 2. Expressions and Impressions 3. Front Stage‚ Back Stage 4. Accounts‚ Excuses‚ & Justifications 5. Self Enhancement and Ingratiation 6. Self Awareness‚ Self Monitoring and Self Disclosure A. The Dramaturgical Model Erving Goffman is probably one of the most important sociologists in relation to
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was raised was how e-commerce companies are internationalizing into new countries‚ and why they go about in a certain way. Using the Uppsala-model and its operationalizations as a theoretical framework‚ four case studies were conducted. The companies studied were Bokus‚ Boxman‚ Dressmart‚ and LetsBuyIt. In the study it was concluded that the Uppsala-model and its operationalizations could not alone describe and explain the internationalization process of the case companies. These companies seem
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people‚ for human resource is the most valuable resource any organization has. Top management is identifying corporate core competencies and working to establish them throughout the organization. Human Resource Development builds competency based models that drive business results. Nucsoft recognises that the future of the organization depends on their competent employees than on any other resource. It is a major factor that determines success for nucsoft. Competencies are the inner tools for motivating
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Theories o Role Theory o The Managerial Grid Participative Leadership o Lewin’s leadership styles o Likert’s leadership styles Situational Leadership o Hersey and Blanchard’s Situational Leadership o Vroom and Yetton’s Normative Model o House’s Path-Goal Theory of Leadership Contingency Theories o Fiedler’s Least Preferred Co-worker (LPC) Theory o Cognitive Resource Theory o Strategic Contingencies Theory Transactional Leadership o Leader-Member Exchange (LMX)
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