December 6th 2010 Mr Abdullah Patoli Faculty HRM Institute of Business Management Korangi Creek Karachi‚ Pakistan Dear Mr. Patoli Here is a report on the ‘Practice of Rewarding function of Human Resource Management at EFU general’ (PPLK)‚ authorized by you on 19th October 2008 and submitted to you on 6th December 2010. This purpose of this report is to analyze how the rewarding function of Human Resource management is practiced at EFU general in Pakistan‚ a leading insurance company in
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they react with a decision that seemed to work before. It’s easy with this approach to get stuck in a circle of solving the same problem over and over again. Therefore‚ as a new manager or supervisor‚ get used to an organized approach to problem solving and decision making. Not all problems can be solved and decisions made by the following‚ rather rational approach. However‚ the following basic guidelines will get you started. I- What is decision making? 1) 2) Some Definitions Kinds of Decisions
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basic functions of management: Planning- to set directions Organizing- to assemble resources and systems Leading- to create workforce enthusiasm Controlling- to ensure desired results Question 3: Emotional Intelligence is the ability to understand oneself and manage relationships effectively. Four competencies: Self awareness: ability to understand your own moods and emotions Self-regulation: ability to think before acting and to control disruptive impulses Motivation: ability to work hard
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L/O GETTING TO KNOW YOU KEY TERMINOLOGY INTRODUCTION TO THE SYSTEM OF ANALYSIS Who are you? § Think of a film that you like and one thing you like about it § Introduce yourself to your neighbour and you explain your choice of film § Introduce yourself and your neighbour and their choice
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and a function that influence an organisation ’s ability to deliver value to customers. The American Marketing Association (2006) define marketing as "an organizational function and a set of processes for creating‚ communicating‚ and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders." The above definition clearly places marketing as a function‚ and a process. This process is managed by the marketing function in most
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Price is one of the four factors of the marketing mix. Price is a very important element because it will decide the position of product. Furthermore‚ some other factor also can influence the pricing such as the cost of the product and product features. Driving Power Light Low SF is the most important shoe in the all of puma products. The price strategy of this shoe divides in some different part. Develop marketing strategy First, puma should analysis the market segmentation and consider the
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Summary The omnipotent view of management says that managers are directly responsible for the success or failure of an organization. This is a dominate view in management theory and society in general. The symbolic view of management takes the view much of an organization’s success or failure is due to external forces outside the manager’ control. The view of managers as omnipotent is consistent with the stereotypical picture of the take-charge executive who can overcome any obstacle in carrying
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CHAPTER 1 1. What are the four basic functions that make up the management process? How are they related to one another? The four basic functions that make up the management process are: planning & decision making‚ organizing‚ leading‚ and controlling. Planning is setting an organization’s goals and deciding the best way to carry them to fruition. Decision making‚ which is also apart of the planning process‚ involves choosing a course of action from a set of alternatives
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Do you have the feeling that you’re being watched at certain times? That’s probably because you are – if you are in a public place of course. I say public place meaning places such as elevators‚ schools‚ airports‚ public transit stations‚ stores‚ and streets – basically anywhere but your home. Sure‚ this feeling can be uneasy‚ perhaps go as far as to make you feel uncomfortable but video surveillance is a necessary precaution and the invasion of privacy is worth it for our safety. So what makes
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Video Games Ngo Quoc Tien Le Minh Huy Lam Quang Dat Le Phu Trung Nguyen Tran Phuong Duy Doan Tan Sang Ong Xuan Hoa Tran Nguyen Thien Hoang BBus 3.1 8 January 2013 Professor Douglas Foster Abstract The video games industry has been through a total transformation in recent years. We can easily find in the market a wide range of video games‚ such as computer games (PC)‚ console games or even interactive games with various contents. Video games industry had its annual revenue growth rate
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