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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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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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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Ans: Medical ethics is a set of moral principals that apply value to the medical practice and research. There are four Principals of healthcare ethics that ensure optimal patient safety and care. These are given below. 1. Autonomy - This principal suggests that the patient has right to retain control over his body. A healthcare professional can advise‚ but can’t force him / her to undergo a medical procedure without his willingness.In othe r words‚ It is the patient who makes the final decision about
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Identifying Key Problems Related to Business Ethics within Wal-Mart and the American Red Cross Laura Johnson PHI 445 Personal & Organizational Ethics Instructor: Debrian Hughes January 21‚ 2013 Identifying Key Problems Related to Business Ethics within Wal-Mart and the American Red Cross (PART-1) As an Ethnographic Researcher I am writing this Article about Wal-Mart‚ a For-Profit Organization and The American Red Cross‚ a Non-Profit Organization
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Using reflective practice into courses The definition of “reflective practice”: “Reflective practice” is defined as framing and revising questions to get a deep insight of an issue and have better understanding of it. Using reflective practice into courses: To reach the aim of the course‚ some methods related to reflective practice which the article talks about can be used when we are doing group works for an essay or analyzing a business case individually. Firstly
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MARKS: 80 ( Each case study for 20 Marks) Subject – Principles and Practice of Management Commu`nicating in a Crisis Overview Valley High School‚ situated in Kodaikanal‚ was established in 1980 and is owned by a well respected charitable trust. It overlooks a lake and is a modern building equipped with state-of-the-art facilities. The total student enrolment is 2000‚ out of which more than 50% are girls and the rest boys. The students are all from affluent‚ educated families. The school
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ready-to-eat meals and have deli services available for consumers. Competitive pressures are increasing in the industry with the potential entry of Wal-Mart and new delivery methods such as the internet. 2. grocery store industry witnessed a lot of changes. Competitive pressures in the industry are increasing and several new competitors including wal-mart are entering the market. New methods of delivery such as the interned are making it difficult and challenging for traditional based stores to comply
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Wal-Mart Stores‚ Inc. Executive Summary Wal-Mart has grown to be the world’s largest retail and grocery store with sales soaring to $419 billion in fiscal year 2011. Wal-Mart employs over 2 million associates worldwide in 9‚600 retail units and operates in 28 countries. Wal-Mart has enjoyed its success since 1962 when the first store opened in 1962 in Rogers‚ Arkansas. Wal-Mart was founded by Sam Walton who envisioned a retail store that could “save people money to help them live better
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1 Global Business Entry: Strategies and Alliances Team: Global Integration Greg Florey‚ Cherry Greene‚ Laurie Hackett‚ Clayton Mitchell‚ Ben Mosby‚ Tony Peralta University of Maryland‚ University College Dr. Monica Bolesta/AMBA 606D Spring 2006 2 Executive Summary Global expansion is the foundation to becoming a multinational firm. When attempting to enter into foreign markets‚ selection of the proper strategies and alliances play a critical role in determining company success. The purpose of
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