CORPORATE GOVERNANCE IN FAMILY BUSINESSES IN SERBIA PhD Katarina Djulic‚ Faculty of Economics‚ Finance and Administration‚ kdjulic@fefa.edu.rs MSc Tanja Kuzman‚ Faculty of Economics‚ Finance and Administration PhD Katarina Djulic is Assistant Professor at FEFA on subjects of Corporate Finance and Corporate Governance. She also works as Senior Consultant in KPMG Serbia. She worked as an Associate Operations Officer at the International Finance Corporation‚ World Bank Group‚ on the Corporate Governance
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Running head: Cultural Influence on International Businesses Touro University International Wendell K. Speegle MGT 501 Module One: The Nature of Organizations and the Contemporary Environment Dr. Donna DiMatteo Abstract Culture will play a major part in the dynamics of the way we operated in international business circles. Managers today will need special skills in order to meet these challenges. Language differences‚ culture awareness‚ and management skills are necessary for success. These challenges
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prosperity of the Indian family business. There are certain existing differences between family and business and they are found to split up as they grow‚ and very few of them survive beyond three generations. INDIAN FAMILY BUSINESS Most Indian businesses are family based. Families control over 80% of the family business. They employ around 50% of the world workforce. They contribute around 40 to 50% in the world GNP. But the sad picture is that only 15-20% of the family business survives till the
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A businesses success is determined by many factors‚ such as profits gained‚ customer satisfaction‚ employee satisfaction‚ and owner satisfaction. These successes are usually the output result of effective co-operation in the workplace. However‚ there is a certain barrier that hinders the process of good co-operation‚ they are known as “resistance to change.” There are two types of resistance in organizations‚ these are known as functional resistance and dysfunctional resistance. Functional resistance
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Before understanding the link between the business strategy organization culture and use of IT‚ it is very necessary to understand what each of the terms mean. Business strategy is nothing but a set of decisions that determine the company’s objective or goals and the environment in which the strategy would be implemented. Organizational culture being the set of deep-beliefs about how the work should be organized with the different ways in which authority should be exercised and the ways in which
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Strategic Marketing Strategy Based on 2013 study of Strategic Marketing Management Prepared for Mr. Mobeen-ul-Haque UMT C-II Johar town Lahore 042-52128011 Prepared by Hur Abbas 13052032007 Zainab Baqar 13052032008 Hafsa Tariq 13052032025 Muhammad Jawad Raza 13052032022 UMT research associates C-II Johar town Lahore June 8‚ 2013 UMT research associates C-II Johar town Lahore June 8‚ 2013 Mr. Mobeen-ul-Haque Permanent faculty member C-II Johar town
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Strategy is the direction and scope of an organization over the long term‚ which achieves advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling the stakeholder’s expectations. Strategic Decisions are about: The long-term direction of an organization The scope of an organization’s activities Gaining advantage over competitors; Addressing changes in the business environment; Building on resources and competences (capability); Value
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Case Study 1 Suzy Black is the epitome of the “new breed” of HR managers that Snell and Bohlander discussed in chapter one. One of the biggest things I took from the chapter was evolution of HR managers from being a person consumed by company personnel matters to playing an active role in improving the business model a company has through innovation and providing advice to company executives. Ms. Black spoke of the need of Lloyd’s employees to be challenged in their work. In Human Behavior
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management The concept of strategy ➢ Strategy is the great work of organization. In situations of life or death it is the Tao of survival or extinction. Its study cannot be neglected. ----SUN TZU‚ The Art of War.2500 B.C ➢ Strategy is about winning. ➢ Strategy is not a detailed plan or program of instructions‚ it is a unifying theme that gives coherence and direction to the actions and decisions of an individual or an organization. Characteristic of a winning strategy ➢ Goals that
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Part A Sole Proprietorship: A sole proprietorship is a business owned by one person. It is the most frequently used form of business and most small businesses begin as sole proprietorships. It is the easiest and cheapest type of business to start. • Liability: A sole proprietor is financially accountable for all of the unpaid debts of the business. The sole proprietor’s business assets and liabilities and his or her personal assets and liabilities are the same. If the business were to go out
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