1. Stability strategy ( Example ) Bata Ltd Stability strategy sometimes is referred to as neutral strategy. It is a strategy adopted when the organization wishes to maintain the existing level of business operations and maintain its present level of profitability. * It means that the stability strategy is adopted when the organization is doing fairly well but no scope for significant growth. It is known as no-growth strategy. * It tries to achieve the same level of growth as it had achieved
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Stability strategy implies continuing the current activities of the firm without any significant change in direction. If the environment is unstable and the firm is doing well‚ then it may believe that it is better to make no changes. A firm is said to be following a stability strategy if it is satisfied with the same consumer groups and maintaining the same market share‚ satisfied with incremental improvements of functional performance and the management does not want to take any risks that might
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What are advantages and disadvantages of large versus small organisations? Final draft Submited to Sherin White Reading & Writing course C Language & Learning Unit 03rd Sept 2010 1165 words What are the advantages and disadvantages of large versus small organisations? Porter‚ Lawler and Hackman (1975) state that organisation is a social entity‚ existing in order to achieve certain goals‚ involving specialisation and
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politically instable state. Political stability is important for keeping the society integrated‚ maintaining legitimacy‚ economic development and supremacy of law in a state. In political stable condition people have power they use their powers for the development of nation‚ and in politically instable condition people feel powerless‚ lose their trust on government and they prefer their own interest in front of state and then the society leads to split. Political stability is very important for nation-building
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Subject Date Keynesian approaches in achieving long run macroeconomic stability The two schools of economic thoughts have different perspectives on how macroeconomic stability can be achieved. Keynesian economics became prominent when John Maynard Keynes introduced the concept of active participation of government in stabilizing the economy. This was because the private sector alone was not able to sustain stability due to inefficiencies in the free market philosophy that was the premise of
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PRICE STABILITY 1’’Price stability is the economic term used to refer to a situation where the general price level covering consumer goods remain unchanged or if it does change‚ it happens at a low rate so that it is not strong enough to make any significant influence on economic decision of participants in a economy. We encounter prices in different forms in our daily life activities as buyers or sellers when we get engaged in consumption‚ investment or trade. In market economy‚ price changes
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It’s the financial stability overview‚ its indicators and crises. On 9-10 October 2000‚ the BIS hosted its annual autumn meeting of central bank economists. The topic of the meeting was “Marrying the macro- and microprudential dimensions of financial stability”. With a view to stimulating debate on and study of this important topic‚ this volume makes available the papers discussed at the meeting. These papers address three broad policy questions:
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External Stability External stability is the government objective that seeks to achieve current account sustainability‚ a continued capacity to service foreign liabilities‚ and a foreign exchange rate; all of which are necessary to facilitate and encourage economic transactions between Australia and the rest of the world. External stability is the aim of government policy that seeks to promote stability and sustainability in Australia’s external sector so that Australia can service its foreign
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Why organisations need to change and how change affects organisations: In today’s fast evolving world that is always looking out for changing so frequently‚ if any organization is there which thinks to get this pace slow would be profoundly disappointed. In fact organizations should embrace change to their system‚ as without change there might be some chances that businesses lose the competitive edge in the market and they would fail meeting the customer’s expectations who are the loyal customers
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Most societies punish children for acting out in a bad way. What they do not think of is why they are acting out. It could be just to get attention‚ but most of the time‚ it is something deeper. Their attitude comes from an emotional attachment to an unstable family. An unstable family is a family that has an absentee parent‚ is inconsistent‚ or yields a child with behavioral issues. An unstable family is a family that often times has an absentee parent. “Over the course of the twentieth
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