the role of the competition commission and regulatory bodies. Market Types The most important factor within any market is the number of rivals competing for a share of the business. Competition‚ as described by Stigler‚ G (2008) arises whenever two or more parties strive for something that all cannot obtain. Perfect competition is seen as a theoretical ideal and sets the standard for comparison. “Perfect competition exists when a market has many buyers and sellers of the same good. Few markets
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It is an instrument of the Government. It is also called statutory corporation. 2. It is a purely commercial. 3. It is an autonomous body. 4. Examples: ONGC‚ RTC‚ LIC‚ FCI‚ Damodar Valley Corporation‚ Air India‚ etc 5. There are two different basic concepts in the management of public corporations‚ viz. autonomy and accountability. 6. The structure of the public corporation cannot be amended by Government itself. The structure of the public corporation can be altered only by
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examples‚ including those from the course syllabus‚ examples raised in the seminar discussions‚ and your own private research‚ discuss the influence of the theory of Scientific Management in the design of the modern organisation‚ making reference to both its strengths and weaknesses in relation to its impact on organisational design.” Ana Isabel Narciso da Silva ID 13001764 832 words anarcisilva@gmail.com 1 | Page Ana Silva‚ 13001764
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ORGANIZATIONAL BEHAVIOR T E N T H E D I T I O N OBJECTIVES LEARNING AFTER STUDYING THIS CHAPTER AND LISTENING TO MY LECTUER‚I HOPE THTAT YOU WILL BE ABLE TO: 1. Define organizational behavior (OB). 2. Describe what managers do. 3. Explain the value of the systematic study of OB. 4. List the major challenges and opportunities for managers to use OB concepts. 5. Identify the contributions made by major behavioral science disciplines to OB. O B J E C T I V E S (cont’d) LEARNING
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Evaluate the role of different global organisations in narrowing the development gap (15) The Development Gap refers to the widening difference in levels of development between the world’s richest and poorest countries. This development gap can also occur within countries‚ for example between regions or between urban and rural areas. There is a variety of global organisations to help norrow the development gap‚ TNCs‚ World Trade Organisation‚ World Bank and IMF. I will be evaluating each whether
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of the main types of business sectors which exists within a business organisation. There are three main types of organisation in this country: public sector and two types of private sector organisations. * Public sector Public sector organisations are run by the government for the people. Examples are government departments such as the Luton borough council which owned by the government. * Private sector Organisation is made up of: * For profit * Not-for-profit Types of ownerships
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level of detail 7 From a source in which the user has confidence 7 Understandable by the user 8 What is Information? Information is a fact provided or learned about something or someone. Organisations can use information to work more effectively. There are many different types of information that organisations can use. These are qualitative information‚ quantitative information‚ primary information and secondary information. Qualitative Qualitative information is non-numeric information that is
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QUE 1. a) Examine the key messages of motivation theory to organizations. (5mks) I. Motivation puts human resources into action. Every concern requires physical‚ financial and human resources to accomplish the goals. It is through motivation that the human resources can be utilized by making full use of it. This can be done by building willingness in employees to work. This will help the enterprise in securing best possible utilization of resources. II. Leads to achievement of organizational
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Co-organisation is an event management & production agency founded by Ng Kim Hwee‚ in Singapore in the year 1994. The agency is a small firm that is filled with workers who are “inspired and passionate about events management”. They are people whose minds are filled with creative juices and are willing to take up challenges when creating different events for different clients. Founded and stationed in Singapore for 21 years‚ they are rich in experience in planning all sorts of events such as different
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speak itself about the culture at TCS: Diverse Group: People from diverse backgrounds and geographies have come together in pursuit of a common vision. Open door policy: The corporate culture is open and inclusive; irrespective of one’s experience‚ one will immediately be welcomed into the team‚ and would always have a significant role to play. On-the-job learning: Intense training and development programs
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