Objectives and functions of WTO A) EMERGENCE OF WTO :- After the Second World War‚ many countries got down together to work on ways and means to promote international trade. The result was signing of General Agreement on Tariffs and Trade (GATT) by 23 countries in 1947. India was one of the founder members of GATT. GATT was created to reduce global depression and to liberalise and regulate the world trade by reducing tariff barriers. GATT has been replaced by WTO in 1995. WTO is wider in scope
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1.Why did the US organizational structure shift from product grouping in the 1950s to a matrix in the 1980s? Why did the European organizational structure shift from geographic grouping in the 1950s to category management in the 1980s? Why were the two structures integrated into a global cube in the 1990s? As mentioned in the article‚ the US market is a large homogenous one‚ which is characterized by buyers with similar needs and wants. P&G originally operated in the US in the form
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Communication Technology Department 18 Keffi‚ Street Off Awolowo Road‚ Ikoyi-Lagos‚ Nigeria. Kunle.adegbite@waltersmithng.com; 234-08028414535. An Action learning Assignment submitted to Business School Netherlands‚ Nigeria in partial fulfillment of the requirements for the degree. MASTERS IN BUSINESS ADMINISTRATION Table of Contents 1 INTRODUCTION………………………………………...............................................2 1.1 Brief History……………………………………………………………………………….2 1.2 The Nature and
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------------------------------------------------- Introduction to Business Environment >> SEPTEMBER 5‚ 2010 7 16 Share25 Business environment may be defined as the set of external and internal factors which affects the decisions of business. We can divide business environment into two parts A. The Micro Environment of Business These are powers which are deeply related with company and company can control these type of environment by improving its capacity and efficiency. 1
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It is vital for a business to be innovative especially in this modern era where the market is highly competitive all over the globe. Crafting an innovative culture and organization has become one of the challenging issues that 21st century managers will have to face and tackle it. To be innovative is to introduce new ideas successfully whereas culture carries the meaning of certain ways of life like beliefs‚ values and behaviors that are shared among a particular social group (Jennex‚ 2008‚ p.107)
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motivation in exactly those terms ("I need to get my people moving!"). Motivation is the psychological feature that arouses an organism to action toward a desired goal; the reason for the action. General motivation is concerned with effort towards any goal‚ whereas effort towards Organizational goals reflects work-related behavior. Many contemporary authors have also defined the concept of motivation. Motivation has been defined as: the psychological process that gives behavior purpose and direction
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1‚ INTRODUCTION Security plays a major role in business. The value security Department brings to organizations is enormous as the department works hard to avert losses‚ shield property and human assets. As organisations are hiring new employees‚ most are now conducting background investigations‚ so they can make a more sound judgment on each employee that is hired. Employers must keep in mind that they may be sued for defamation of character if they provide other employers negative or falsified
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learning and development function in fulfilling the short and long term ambitions of the organisation’ cannot be over emphasized especially in recent times where HR/L&D has moved from the past when one of HR/L&D primary roles has been to ensure compliance with laws‚ rules and regulations. Although this is still the case and will always be‚ we have however become strategic partners working with line managers to achieve business strategy. We have been able to integrate L&D activities in a strategic manner
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Question 2 How do information systems support the major business functions? a. Sales Marketing and Finance b. Logistic and Human Resource c. Describe with some examples that your familiar with Answer An information system (IS) is an arrangement of people‚ data‚ processes‚ and information technology that interact to collect‚ process‚ store and provide as output the information needed to support an organization. Information systems and organizations influence one another. Information systems
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Choice Is Your Choice How would you feel if you went to the store and you were told what to buy? What if you were told what to do? What if you had no choice in where to go or what to wear? How would you feel if these choices were limited to just two or three choices to choose from? In this day and age‚ the variety of choice has grown to almost limitless. This abundance of choice gives people the opportunity to be different. Individuality would mean nothing if we all wore the same clothes‚ ate the
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