Strategic Groups * “the group of firms in an industry following the same strategy along the same strategic dimensions” (Porter‚ 1980) * “a set of firms competing within an industry on the basis of similar scope and resource commitments” (Cool & Schendel‚ 1968) Competitive strategy = a choice of which strategic group to compete in = the choice of the easiest group to ‘get into’ Strategic groups are organisations within an industry with similar strategic characteristics‚ following similar
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COMPUTER APPLICATIONS VOL. 2 ISSUE 2‚ FEB.-2013 ISSN NO: 2319-7471 Effective Communication in a Diverse Workplace Ritu Rana Programme Associate‚ Indian Institute of Foreign Trade‚ New Delhi‚ India riturana2222@gmail.com Abstract: Due to globalization‚ today’s work environment has become diverse as people from different cultures‚ religions and backgrounds have come together. They bring with them‚ diverse skills‚ knowledge and expertise. They have their own views‚ ideas‚ perceptions and opinions which
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Creating culturally responsive classrooms and schools is just as important as educating the teachers to be culturally responsive too. Winifred Montgomery (2001) defined culturally responsive classrooms as those that ‘specifically acknowledge the presence of culturally diverse students and the need for these students to find connections among themselves‚ with the subject matter and the tasks the teacher asks them to perform’. One of the most important aspects of a culturally responsive classroom is
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How to increase productivity It’s a nice performance‚ but it’s no Utopia How many times in a day do you remind yourself to be more productive at work? How often your boss tells you to improve a bit? Even if you are satisfied with the pace you work with or the way you do your assigned tasks‚ there is always some tricky confusion in your mind whether I could have worked better? What else I need to do to make it better? There are so many blurred thoughts which actually pull and push you at
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The U.S. Constitution affords certain authorities to the Executive Branch of the Federal Government. Although many are specifically spelled out‚ one that is not‚ is the use of executive actions‚ through executive orders and memorandums. These actions have been used for varying reasons by almost every President of the United States. Of late‚ many of these orders issued by President Obama and President Trump have been viewed as an attempt to bypass the legislative power of Congress. At times‚ though
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Diverse Nature of Psychology Jessica Champion PSY / 490 July 2‚ 2012 University of Phoenix Diverse Nature of Psychology Psychology is a diverse area of study. Within this paper it will discuss the influence of diversity and it’s major concepts within psychology. It will also discuss subtopics within psychology‚ as well as how subtopics are identified‚ and applied to other disciplines within society. As well as‚ explain how these subtopics affect my personal theoretical perspective. Lastly
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In a world where technology and lifestyles are continually changing the way things are done‚ competition for increasingly scarce resources stimulates creativity on a large scale to cater for growing and more sophisticated demand. Competitive Strategy then becomes an important part of
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How to improve Productivity? Introduction The topic of the essay reminds me of the 1924 Charlie Chaplin classic “Modern Times” which showcased the insane attempts made by the capitalists to improve productivity and hence rake in maximum profits. The attempt of organisations towards increasing productivity still continues but in a more subtle fashion. Most organisations irrespective of their constitution‚ are finding ways to improve the productivity of their employees. It is especially relevant
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MARGINAL PRODUCTIVITY THEORY: A theory used to analyze the profit-maximizing quantity of inputs (that is‚ the services of factor of productions) purchased by a firm in the production of output. Marginal-productivity theory indicates that the demand for a factor of production is based on the marginal product of the factor. In particular‚ a firm is generally willing to pay a higher price for an input that is more productive and contributes more to output. The demand for an input is thus best termed
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