“Delegation is the use of personnel to accomplish a desired objective through allocation of authority and responsibility” ( ref i p. 242). Delegation is a tool we have to be able to achieve some goals‚ but we need to know how to delegate and follow up to make sure that the task we delegated was carried out‚ because although we delegate the responsibility remains ours. We delegate to gain time for other activities‚ provide opportunities and experiences with other colleagues‚ save time and money‚
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THE LAWS OF RETURN TO SCALE The laws of return to scale explain the behavior of output in response to a proportional and simultaneous change in input. Increase in inputs proportionately and simultaneously is in fact expansion of the scale of production. Statement: “As a firm in the long run increases the quantities of all factors employed‚ other things being equal‚ the output may rise initially at a more rapid rate than the rise of increase in inputs‚ then output may increase in the same proportion
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Pricing Strategies of Small Scale Industries With Reference to Mid Western Development Region of Nepal 1. General Introduction 1.1 Pricing Strategies In general terms price is a component of an exchange or transaction that takes place between two parties and refers to what must be given up by one party (i.e.‚ buyer) in order to obtain something offered by another party (i.e.‚ seller). Yet this view of price provides a somewhat limited explanation of what price means to participants in the transaction
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Intercultural Sensitivity Scale Below is a series of statements concerning intercultural communication. There are no right or wrong answers. Please work quickly and record your first impression by indicating the degree to which you agree or disagree with the statement. This scale should be completed before and after the spring academy. Please fill it in and send it right away. Thank you for your cooperation. |5 = strongly agree |
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INDUSTRIES LARGE-SCALE AND SMALL-SCALE The following pages describe the industrial life and activity of the district. The chapter is divided into three sections: (1) Large-Scale Industries‚ (2) Small-Scale Industries and (3) Labour Organization. It is‚ however‚ to be noted that the statistics given in the section on large-scale industries which include employment and such other aspects as capital investment‚ production etc. are included‚ are not in respect of the industry as a whole but pertain
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management because of the difficulties associated with decisions making and goal attainment that appear to be related to complexity [4].It has been suggested that to achieve a better understanding of a project‚ its complexities should be measured so that fresh approaches can be developed for systematically reducing complexity [5]. Researchers are of the view that measurements are the key for controlling any process because it is difficult to manage what cannot be measured [6]. Further researchers developing
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definition. Compromise will obtain peace between people‚ states‚ and countries‚ and it can even saves massive people’s lives and environment. “Compromise” sounds like easy solution to most people. However‚ many people‚ even governments‚ struggle to make a decision on whether to compromise or not‚ because they always have to “give up” something and each side will not always think it is a fair agreement. Therefore compromising is very hard‚ but the results are good most of the times‚ so that people and governments
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What Are Some Economic Challenges and Opportunities of Globalization? Have you ever wondered what life would be like without electronics‚ transportation and no communication whatsoever to any other countries? Simple examples (like the ones previously stated) have had a great impact on today’s society‚ and have caused drastic changes in economies all over the world throughout the past few decades. Four reasons why Canadian economy has been affected by globalization are: the World Trade Organization
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Decision making models can be very effective in problem solving. Scheduling is a big problem at Direct HomeHealth Care and a solution needed to be found. Scheduling software which can be very expensive was the only conclusion that could be reached. With much thought and analysis a resolution was reached with critical thought and a decision making model from the Small Business Development Center. Decision making models can be very helpful in analyzing a problem and setting up a step by step process
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Decision Making Process The purpose of this paper is to inform the reader of the decision-making process used when I made a life changing employment decision. Making a decision to do something new usually involves giving up something else. Important decisions are even more difficult because of the conflict and emotion faced regarding the possible outcomes of the final decision. “The ideal decision making process includes six stages. (1) Identify and diagnose the problem‚ (2) generate alternative
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