Principles and Practices of Management Subject Code – B-101 Section A: Objective Type Q1. A plan is a trap laid to capture the ___________ a) Future Q2. It is the function of employing suitable person for the enterprise: b) Staffing Q3. ______________ means “group of activities & employee into departments”: (d) Departmentation Q4. This theory states that authority is the power that is accepted by others. a) Acceptance theory Q5. It means dispersal of decision making
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Study of Asia Strategy: Wal-Mart versus Carrefour Miao-Que Lin Fu Jen Catholic University‚ China. Wen-Kuei Liang Tatung University‚ China. Abstract Wal-Mart‚ the number one retailer in the world‚ persistently maintain three fundamental beliefs—respect everyone‚ total-solution service‚ and in search of highest quality—to shape their unique corporate culture. They insist lowest price every day‚ carry out total solution services‚ effectively control the cost of global logistics‚ fully leverage
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Reflection on the Ethical Teachings Found in Confucianism Confucianism‚ a religion of optimistic humanism‚ has had a monumental impact upon the life‚ social structure and political philosophy of China. The founding of the religion goes back to one man‚ known as Confucius‚ born a half-millennium before Christ (McDowell‚ 1983). And even though many people refer to Confucianism as a religion‚ many others say it really is a philosophy of life‚ not a religion. Confucius believes in harmony between
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and controlling the efforts of others towards a specific objective” - James L Lundy “To manage is to forecast and to plan‚ to organize‚ to command‚ to co-ordinate and to control” - Henry Fayol “Management is a multi-purpose organ that manages a business and manages managers and manages worker and work” - Peter F Drucker “Management is the force which leads‚ guides and directs an organization in the accomplishment of a pre-determined object” - J.N. Schulze “Management is defined as the creation
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CASE ANALYSIS: SUPPLY CHAIN MANAGEMENT AT WAL-MART INTRODUCTION Wal-mart Stores Inc was the world’s largest retailer and was started by Sam Walton in 1962 who named it as “Wal-Mart Discount City”. However before Wal-mart; Sam Walton owned a number of Ben Franklin Store Chains. Due to this prior experience of owning smaller variety stores and dealing with its franchised supply chain‚ he learnt various business concepts and also was able to selectively purchase merchandise in bulk from new suppliers
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Egoism is one of four popular ethical theories. The principle‚ or basic premise behind the Egoism theory is that self-interest is most important. By definition‚ egoism is the theory that one’s self is‚ or should be‚ the motivation and the goal of one’s own action (Internet Encyclopedia of Philosophy). An argument can be made that no human ever makes a decision without considering themselves‚ or that there is no true altruistic act anyways. So‚ it is important to differentiate a normal decision a
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ASSIGNMENT ON PRINCIPLES AND PRACTICE OF MANAGEMENT Topic : SCHOOLS OF MANAGEMENT THOUGHTS Submitted By : sani I MBA‚ Mangalore University Submitted To : Mr. Manjunath Naik
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Principles‚ Methods and Ethical principles of communication The purpose of this paper is to discuss the 7 principles of patient- nurse communication and how it applies to me and my interaction with patients‚ The 3 Methods of interdisciplinary communication and the SBAR communication applies to my own practice and the ethical principles that are applied to patient- clinician (Paget‚ Han‚ Nedza‚ Kurtz‚ Racine‚ Russell‚ Santa‚ Schumann‚ Simha & Von Kohorn‚ I. (2012) states that the seven principles
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------------------------------------------------- FACULTY OF BUSINESS MANAGEMENT AND PROFESSIONAL STUDIES PRINCIPLE AND PRACTICE OF MANAGEMENT DMG1013 ASSIGNMENT 1 Prepared by MOHAMAD HAZIF BIN FIJASRI 012012110239 Submission date 14TH DECEMBER 2012 THE MANAGEMENT OF STEVE JOBS In 1976 Steven P. Jobs sold his Volkswagen van‚ and his partner Steven Wozniak sold his two programmable calculators‚ and they used the proceeds of $1‚350 to build a circuit board in Jobs’s garage
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January 14‚ 2013 Ethical Behavior in Business In the business world employers and business owners should know that there is no room to be dishonest‚ or greedy dealing with a business. In reality people need to be held responsible and accountable for making sure that they are holding up and following ethical business practices. There is no reason that any business owner or manager should not follow the golden rule at work just like they would at home‚ treat people the way you want
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