Table of Contents * The meaning of Management * Management Functions and Process * Management Approaches * Motivation Theory * The Meaning of Management Management may be defined in many different ways: “Management is the development of people and not the direction of things” - Lawrence A Appley “Management is defined as the process by which a co- operative group directs action towards common goals” - Joseph Massie “Management is a distinct process consisting of planning
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A performance management system includes the following components. Develop clear job descriptions. Selection of appropriate people with an appropriate selection process. Negotiate recruitments and accomplishment-based performance standards‚ outcomes and measures. Providing effective orientation‚ education and training. Providing on-going coaching and feedback. Conducting quarterly performance development discussions. Designating effective compensation and recognition systems that reward people
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A RESEARCH REPORT ON “PERFORMANCE APPRAISAL” IN BANKING SECTOR Submitted for the fulfillment for the award of MASTER OF BUSINESS ADMINISTRATION (Sikkim Manipal University) (SESSION: 2009-2010) |Submitted To: |Under the Guidance of: | |Mr. Pankaj Upadhyay |Mr. Pankaj Upadhyay
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Stock market: Barometer of indian economy Many assume that the stock market represents the state of the economy. That is the primary reason for this distorted obsession about the market. There are several factually incorrect assumptions about the role of the market‚ says R. Vaidyanathan. | IT is that time of the year when many suggestions are offered to the Finance Minister to modify the Budget to boost the stock market and‚ through that‚ the economy. This year the market is already in an upswing
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India- A growing country India is growing forward day by day. New methods of science and technology have been introduced since years…. Many of the new techniques have been introduced in the field of agriculture... so India has been growing economically forward… great majority of people use science in their day to day life for many purposes… Overall in my point of view the science and technology is improving... Science is the human endeavor to discover truths about the world around us
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anything whether it’s the support for specific person or group‚ or racism for religions‚ or racism for countries. Many people think that because a person is from another country that what he/she is from‚ so that person is his/her enemy. Of course this idea is wrong. Bot unfortunately it’s common now-a-days everywhere. The racism between countries is the most common of all. For example‚ when I was young‚ I attended a governmental school in Saudi Arabia‚ and I was superior in my studies over the
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Topic: “To what extent does executive pay influence company performance?” 1 Introduction Recently‚ there has been a good deal of argument discussing about the impact of executive pay influence over company performance. It is often taken for granted that a company is able to have a better performance when the C-Suite is paid more. Nevertheless‚ the issue can be unexpectedly complicated in some cases and go way beyond a “more or less” question. Several empirical evidences reveal that an unwise form
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University from the School of Accountancy and Business Management. When it comes to theatre curtains and draperies for schools and theatrical companies‚ The Drapery Project has been providing excellent service since 1949. With its many competitors in the market The Drapery Project’s market share of 23 percent makes the company a leader in the industry of drapery services and products. TDP’s selling efforts are organized on a basis of market types: one department sells direct to end users‚ and a
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Q1. Discuss the significance of organizational culture in the performance of an organization explains the various factors included under OCTAPACE. Ans. Organizational culture is the collective behaviour of humans who are part of an organization and the meanings that the people attach to their actions. Culture includes the organization values‚ visions‚ norms‚ working language‚ systems‚ symbols‚ beliefs and habits. It is also the pattern of such collective behaviours and assumptions that are
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Introduction High –Performance work practices (HPWP) is a perspective which can hold that effective organizations incorporate several workplace practices that leverage the potential of human capital. According to John Tomer‚ the essential characteristics of HPWP are employee security‚ selective hiring of new personnel‚ self-managed teams and decentralization of decision making as basic principle of organization design‚ extensive training‚ reduced status distinctions and barriers across levels‚ and
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