Tesco is a hierarchical structure because it has a lot of layers and also a lot of people reporting into more than one person before that information get to the boss. A hierarchical structure has many levels. Each level is controlled by one person. A hierarchical company tends to be a very big‚ like Tesco is. A hierarchical business structure would mean that the chain of command looks like a pyramid‚ with a large base of workers‚ who are directly supervised by the smaller level above them‚ who are
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E-BUSINESS ORGANISATION: PETRONAS Value Chain: Support Activities Firm Infrastructure: -PETRONAS is the national oil and gas company of Malaysia and is wholly-owned by the Government of Malaysia. Together with its subsidiaries and associated companies‚ PETRONAS‚ a fortune global 500’s largest corporation in the world. -Fortune ranks PETRONAS as the 75th largest company in the world and the most profitable in Asia. HR Management: -PETRONAS provide industrial training programme for undergraduates
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PROFILE OF G.S.ALLOY CASTINGS LIMITED GSAC is started by Mr. G. Prasad Rao‚ a technocrat with 35 years experience in foundry industry. The top management consist of people with rich‚ long experience from renowned foundries like L&T and KCP. The 250 strong dedicated work force is the back-bone of this company. G. S. Alloy castings Ltd. Company is started in 1987 with initial capacity of 1800 Mt/annum and later grown into one of the biggest foundries in South India with
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CHAPTER-16 - WORLD TRADE ORGANISATION Q.1 : Discuss the objectives and functions of WTO. (M.2011) Ans. A) EMERGENCE OF WTO :- After the Second World War‚ many countries got down together to work on ways and means to promote international trade. The result was signing of General Agreement on Tariffs and Trade (GATT) by 23 countries in 1947. India was one of the founder members of GATT. GATT was created to reduce global depression and to liberalise and regulate the world trade by reducing tariff
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Social Norms Social norms are : * The accepted behaviors within a society or group. * The rules or behavior that is accepted by a group of people‚ in terms of beliefs‚ attitudes‚ and values. * It is also described as ‘customary rules of behavior that coordinate our interactions with others’. Social Norms and Customs of The United Kingdom The People * The United Kingdom is made up of 4 countries : * England * Scotland * Wales * Northern Ireland
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Business Organisations and Operations Assignment Task 1 Differences between types of organisations Sole trader: is the simplest way to run a business - it does not involve paying any registration fees‚ keeping records and accounts is straightforward‚ and you get to keep all the profits. However‚ you are personally liable for any debts that your business runs up‚ which make this a risky option for businesses that need a lot of investment. Partnerships: consist of two or more partners who are
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How to reduce absenteeism in organisations 1. Identify the causes for an employee’s absenteeism. If you can find out why an employee is consistently absent‚ then you can deal more effectively with the problem. For example‚ if an employee is often absent because of issues with childcare‚ you could offer them the option of more flexible working hours. 2. Implement a thorough record system. For every employee‚ you should record the date‚ duration and reason for each case of absenteeism. This way you
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Unit 1 Schools as Organisations Task 1-5.1/1-5.2 Explain why schools have policies and procedures‚ and then write a brief summary of the policies and procedures in school relating to the following: All schools need policies and procedures so that governors‚staff‚children and parents involved in the school are able to work to the same set of rules and guidelines. Every policy and procedure should and will outline its aims‚purpose and responsibilities the staff will have. A) Staff Staff
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homes‚ the entrepreneurs would not be in a position to raise the money‚ ordinary people dreaming for a new car or house would not be able to purchase cars or houses. Banking activities can be generally divided into the following types: |[pic] |Central Banking | | |The duty of central banks is to maintain financial stability‚ otherwise
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I Customs and traditions in the UK Every nation and every country has its own customs and traditions. Britain is different from our own country. This is natural. In Britain traditions play a more important part in the life of the people than in other countries. Englishmen are proud of their traditions and carefully keep them up. It has been the law for about 300 years that all the theatres are closed on Sundays. No letters are delivered; only a few Sunday papers are published. Foreigners coming
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