its progress has been remarkable. Today‚ Inditex (Industria de Diseño Textil‚ SA) has become an international fashion retail composed of six business units: Zara‚ Pull & Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius and Oysho. Its organizational structure consists of several departments‚ corporate headquarters‚ the six business units mentioned above and a number of areas of support or functions shared by all business units. Corporate departments take on functions of a strategic nature or because of
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HR Structure Designing and communicating a HR structure that best serves the needs of an organization includes a strategy that defines the purpose and determines which principles of the structure are most critical for success. The HR structure should be structurally aligned with the organization structure of the business. This paper will review the current structure of my organization and a design of a new structure for our HR department which I will apply Christensen’s advice on designing
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ORGANIZATION STRUCTURE 6.1 The organization structure The organization structure refers to the ways in which the organization’s activities are divided‚ grouped‚ and coordinated between managers and employees. The structure is based on the organizational design and has to be appropriate to the strategy of the organization Cream Dream is a small business concern at present. It has a very limited line of products and needs to make efficient use of its resources. Based on its size and product offerings
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Capital Structure In finance‚ the term “capital structure” refers to the way a firm finances its assets. Generally speaking‚ there are two main forms of capital structure: debt financing and equity financing (Cumming 52; Myers‚ 83). Each type has its own advantages and disadvantages‚ and an essential task for the successful manager of a firm is to find an optimal capital structure in terms of risk and reward for stockholders. When making decisions that affect capital structure‚ managers must be
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Contents Introduction 2 Organisation structure 2 Types of structures 3 Functional Structure 3 Divisional Structure 4 The Matrix Structure 5 Team-based structure 6 Network structure 7 Factors that affect structure 7 Conclusion 8 Bibliography 9 Introduction The purpose of this paper is to explore organisational structure‚ examine the aspects that impact the structure of an organisation and discuss how managers should use this information. Organisation structure The organising process leads
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Capital Structure Financial Seminar DFI 605 Group Members Nidhi Batta D61/79041/2012 Caleb Musau Kivuva D61/79601/2012 Tom Mbuya Odundo D61/78251/2012 CathrineWanjiku Kamau D61/60682/2013 Daniel Mwangi Mwaniki D61/84153/2012 Ndiangui James Wambugu D61/79627/2012 Submitted to: Mr. Mirie Mwangi September - December 2013 Submitted in partial fulfilment of the requirements of the Masters in Business Administration degree at the University of Nairobi.
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HRM – 300 The decision of which internal pay structure to use and the process used to design it matters greatly to an organization. “Research suggests that attending to the fairness of the design process and the approach chosen‚ is likely to achieve employee and management commitment‚ trust‚ and acceptance of the results” (Milkovich‚ Newman‚ & Gerhart 2011‚ pg.150). There are two types of approaches; job-based and person-based (which is split between skills and competency). Job-based
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Organizational structure types[edit] Pre-bureaucratic structures[edit] Pre-bureaucratic (entrepreneurial) structures lack standardization of tasks. This structure is most common in smaller organizations and is best used to solve simple tasks. The structure is totally centralized. The strategic leader makes all key decisions and most communication is done by one on one conversations. It is particularly useful for new (entrepreneurial) business as it enables the founder to control growth and development
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Background This project will be looking at the organizational structure of Lime Jamaica (Montego Bay Head Office). Lime is a telecommunications company; their head office in Montego Bay is located at 23 Church Street‚ Montego Bay St.James. Lime is a public limited company. It is owned by Phil Bently. Lime specializes in phone and internet industry. Organizational structure is very important to a business because it is the framework of the business. Without an organizational structure there would
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collective goals” Huczynski and Buchanan (2007‚ P6) cited by Connor et al. (2012‚ P2). Organizations consist of many elements such as organizational design‚ strategy‚ structure‚ culture and change. This essay will take three elements of organization. Firstly‚ it will define organizational culture‚ organizational change and organizational structure. Then‚ it will discuss the relationships between the three elements. 2. Organizational change definition According to Dr Sommerfeldt (2014)‚ organizational change
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