...products under their own brand names and private labels. Conair brands are quickly becoming household names around the world. Conair is headquartered in East Windsor, New Jersey, with sales and marketing offices in Stamford, Connecticut. The company has large distribution centers in East Windsor, Phoenix, Arizona and a manufacturing facility in Rantoul, Illinois (Conair Corporation 2011). Because of its different distribution centers, locations and corporate offices being so diverse in regards to locations. Analysis of Company’s Organizational Dynamics Within any company, there are two types of organization. Formal Structure and Informal Structure. Both effect the organization and relationships between staffs. The formal Organization refers to the formal relationships of authority and subordinates within a company. While the informal organization refers to the network of personal and social relations that is developed spontaneously between people associated with each other. The primary focus of the Formal organization is the position of the employee, manager holds....
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...------------------------------------------------- Informal organization The informal organization is the interlocking social structure that governs how people work together in practice. It is the aggregate of, norms, personal and professional connections through which work gets done and relationships are built among people who share a common organizational affiliation or cluster of affiliations. It consists of a dynamic set of personal relationships, social networks, communities of common interest, and emotional sources of motivation. The informal organization evolves, and the complex social dynamics of its members. Tended effectively, the informal organization complements the more explicit structures, plans, and processes of the formal organization: it can accelerate and enhance responses to unanticipated events, foster innovation, enable people to solve problems that require collaboration across boundaries, and create footpaths showing where the formal organization may someday need to pave a way. Contents * 1 The informal organization and the formal organization * 2 Functions of informal organizations * 2.1 Perpetuate the cultural and social values * 2.2 Provide social status and satisfaction * 2.3 Promote communication among members * 2.4 Provide social control * 3 Disadvantages of informal groups * 3.1 Resistance to change * 3.2 Role conflict * 3.3 Rumor * 3.4 Conformity * 4 Benefits of the informal organization * 4.1 Blend...
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...GLOBALIZATION AND ITS IMPACT ON INFORMAL SECTOR Submitted By: Ameen Gupta- 2009tt10774 Parvej- 2009tt10813 Siddarth Sachdeva- 2009ph10746 INTRODUCTION Globalization comes up with the process of more interconnection between various entities like nations, organizations, individuals, etc. This interaction creates the migration of human resources, technology transfer, capital flow, etc. Thereby, this process of globalization results in the increase in quality, quantity or production and thus makes various organizations profitable. In the race of survival, it enhances the competition level among various players in terms of their brand value set according to the needs of the people. This phenomenon of competition plays a crucial role for these existing service providing players as well as for the end consumer or public at large. For service providing players, it decides the cost benefit analysis and makes it less generally due to the presence of various other players simultaneously. For public, it makes things easily available and at comparatively low prices of varied varieties. The phenomenon of globalization also generates employment. These jobs are largely created in formal sectors. It also results in employment increase in the informal sector. The formal sector is directly visible in a country and is under scrutiny and supervision of the government through various trade and tax laws. This sector provides people the job security, standard working conditions and wage...
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...combinations. Cassim (1982) considers the informal sector participation as “a trap associated with impoverishment” and Habib (2005) considers the informal sector participation as “the survivalist response of marginalised persons with no alternatives.” The informal sector is a part of the economy that is not under the government control and therefore any business conducted in the informal sector cannot be regulated. This paper aim is to argue against the above mentioned assertions made by Cassim and Habib. Is it true that the participation in the informal sector is associated with impoverishment? Is it true that people engage into conducting business in the informal sector because they need to survive as they have no other alternative? These two questions serve as a foundation into developing an argument against the assertions made by Cassim and Habib about the informal sector’s participation. The argument reflects on the entrepreneurial potential and dynamics in the informal sector. This paper firstly discusses Cassim’s and Habib’s assertions to have a general understanding of what they meant. This is then followed by a brief overview of the South African informal sector and an argument against those assertions will be provided using useful example of informal sector participation’s contribution. Finally, a conclusion is provided summarising the paper. The following lines will brighten this essay. Cassim’s and Habib’s perspective of the informal sector Taking into consideration Cassim’s...
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...‘Migration into cities has resulted in the rise of the informal sector rather than transforming the urban space into an industrial site.’ Discuss the reasons for this seemingly perverse phenomenon using examples from any two countries. Starting from the late 18th century, the Industrial Revolution led to an incontestable migration from the countryside to the city as industries agglomerated in the centre of Western cities. A century later, as industrialization gained what is known as the developing world, classical economists such as Lewis predicted large waves of migration that would transform the urban space into an industrial site. Yet, the most noticeable phenomenon of migration was a rise and establishment of an informal sector, comprising up to 90% of jobs and 70% of GDP production in countries like India. Are these results perverse, i.e. contrary to the accepted or expected norm? Looking specifically at cities in Ghana and Pakistan, while economic policies must take some blame for the lack of industrialisation, the rise and perseverance of an informal sector results of the confrontational and antagonising policies taken against rural to urban migration, which itself was misunderstood by authorities. More recent research proves that while the informal sector remains as prominent, it is not incompatible with the development of industry. The traditional explanation of migration towards cities (rural-urban migration) is laid out by Lewis in a model that emphasises...
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...CHAPTER 2 A review of related literature and studies, both local and foreign which are relevant in reinforcing the conceptual framework of reference on which this study is anchored, are contained in this chapter. Foreign Studies A recent study was conducted by the Direct Marketing Association (DMA) on the issue of Direct Marketing as a Global Industry. The potential reward are great, and direct marketers continue to venture outside the bounderies of thier native countries. The DMA estimates that Japans’ catalog market was worth $21 Billion in 1996 and that there are 500 catalog marketers competing for that market. A number of U.S firms among the successful competitors, driven by the Japanese desire for U.S products and their need for convenience. A survey few years ago, when the automibile industry was trying to ascertain how to advertise to the emerging women’s market, Ford Motor Company turned to an approach called “Curriculum Theory”. Based on theories of learning that you have probably studied in psychology or consumer behavior classes, “Curriculum Theory” argues that when the purchase is large or otherwise risky, direct marketers must move prospects through a carefully constructed series of steps that will culminate in a purchase. A study was conducted with the L.L Bean in marketing its products in Japan for a number or years. The D.M.A estimates that Japan’s catalog market was worth $21 Billion in 1994 and that there are 500 catalog marketers competing for that...
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...------------------------------------------------- Essay Type Coursework ------------------------------------------------- 10% of Your Mark ------------------------------------------------- Individual Coursework ------------------------------------------------- Chapters 07, 08, 09, 10 and 11 25 Essay Questions Each question is worth 0.4% (10% ÷ 25 questions = 0.4%) Chrysanthos Neophytides ------------------------------------------------- Chapter 07 & 08 ------------------------------------------------- Motivation Concepts and Applications ------------------------------------------------- Answer All 10 Questions 1. How does achievement-motivated and affiliation-motivation influence behavior? Achievement-motivated is the drive to excel, to achieve in relation to a set of standards, to strive to succeed. The achievement-motivated people like to set goals that require stretching themselves a little. They dislike low odds because then there is no challenge to their skills. Affiliation-motivation is the desire for friendly and close interpersonal relationships. The needs for affiliation tend to be closely related to managerial success. 2. What are the important differences between Maslow, Herberg & Alderfers models? According to Maslow there are 5 levels of need and all these needs are arranged in a hierarchy. Individuals cannot move to the next higher level until all needs at the current (lower) level are satisfied. Aldefer argued that there are three...
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...Prefatory: The International Labour Organization (ILO) introduced the concept of the informal sector more than 25 years ago. The informal sector has been understood to mean very small-scale units producing and distributing goods and services, and consisting largely of independent, self-employed producers in urban and rural areas of developing countries, some of which also employ family labour and/or few hired workers or apprentices; which operates with very little capital or none at all; which utilize a low level of technology and skills; which therefore operates at a low level of productivity; and which generally provides very low and irregular income and highly unstable employment to those who work in it. It also includes activities that are carried out without formal approval from authorities and escape the administrative machinery responsible for enforcing legislation and similar instruments. [1] The informal sector, with its enterprising individuals and groups, can be seen as counterbalancing cure to many ill effects of globalization. [2] Firstly, the informal sector absorbs all the victims of globalization—displaced workers, forced retirees, educated unemployed and many more. While the informal sector cannot offer jobs, it can offer income opportunities. In this sense, the informal sector is itself a safety net. Secondly, the informal sector cushions the impact of globalization on the surviving formal sector. It provides a counterbalance...
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...CHAPTER IINTRODUCTION 1.1 Background of Case Study Selection Compensation is the remuneration received by an employee in return for his/her contribution to the organization. It is an organized practice that involves balancing the work-employee relation by providing monetary and non-monetary benefits to employees.Researcher are interested in doing research on the company becauseresearcher wanted to learn more about control system especially managementcompensation, both theoretical and practical. Lincoln Electric Company one of companies has realize the method of control system especially managementcompensation in their company.In the Lincoln Electric Company, researcher get knowledge of control systemespecially management compensation, particularly its association with corporate profits. However, in its application is often the application of compensation hasexperienced various problems and constraints. So also happened in the LincolnElectric Company.Every company absolutely has a strategy to sustainable them company. The top priority of Lincoln is customer. Company always sensitive with consumer needs.Certainly, the firm’s customer wants to get the best price and the best quality. And, product of Lincoln fulfill it. Lincoln also concerns employee and stockholders needs.Management compensation always was determined by a wage survey of similar jobsin Cleveland area where the company do operational process. Lincoln ElectricCompany is a good example for other company which is concern...
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...------------------------------------------------- Module 1 Submit a written report discussing the present organizational set-up where you are working considering the following: 1. Organizational Chart 2. Mission and Vision of the Company 3. Objectives of the Firm 4. Incentives and Rewards of the Firm, and 5. Sanctions and Punishment for any Violations of Employees within the Firm ------------------------------------------------- The Tarlac Provincial Hospital is a 200 bed capacity tertiary training and teaching hospital. It is one of the four developed hospital under the Provincial Government of Tarlac. It is situated in a 9 hectare concreted fence compound with the following physical facilities: 3-storey main hospital building, cottages for officials and employees, power plant with generator, provincial warehouse (supply office), OPD Building, MCH Center, maintenance shop and laundry room, Chapel, 10 bed nutrition rehab ward, badminton court/pelota and basketball/volleyball court. ------------------------------------------------- ------------------------------------------------- Organizational Chart ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Mission ------------------------------------------------- ------------------------------------------------- > To provide accessible...
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...1. Introduction In today’s business negotiations, dressing etiquette plays an important role. It embodies not only the personal taste but also the self-cultivation. To some extent, it can even make it all difference in the result of business negotiations. The more attention we draw to the details in modern business negotiations, the greater we will care about our dressing etiquette and maintain our personal image. Through analyzing dressing etiquette in business negotiations, the author tends to embody the advantages in business negotiations. 1.1 Background Having good business dressing etiquette is an indispensable quality of business activities is the basic guarantee for success In today’s business negotiations. 1.2Purpose of the Study During the business negotiation, the first impression is very important, therefore dressing etiquette plays an even more important role than we thought, it’s always worth studying. 1.3 Significance of the Study Dressing etiquette is likely a technique of business negotiation; it helps the process get smooth. 2 .Definitions and Principles You have heard this a million times: “You never get a second chance to make a first impression.” And you will keep hearing it because it is true. People size up each other within a few seconds. Based on external cues, including dress, people assess one another positively or negatively. We make a flash judgment of someone as trustworthy...
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...*RETHINKING THE INFORMAL ECONOMY IN *THE * *NEO-LIBERALIST PHASE TABLE OF CONTENTS *RETHINKING THE INFORMAL *ECONOMY IN THE * *NEO-LIBERALIST PHASE Introduction : The labour markets in developing countries is markedly different from that in the developed countries. The most striking feature of labour markets in the developing countries is its non-homogeneous character. The status of the vast majority of workers in the developed countries is of wage and salary earners. Whereas in the developing countries there is a predominance of self-employment. This non-homogeneous character of labour markets in developing countries also implies that the nature of employment and the manner in which it is created is different in the two world’s. In the developing countries the vast majority of the population is left to fend for itself and create employment out of its own ingenuity, skills and capital. This leads to vast differences in the nature of employment and the creation of dualistic structure of ‘formal’and ‘informal’ components of the labour market. A large proportion of the workforce is in the unorganised or informal sector. These workers are engaged in economic activities with lower productivity resulting in lower incomes. They are also engaged in activities with less stable employment contracts (including the self-employed) and fewer social security benefits. While the wages and salaries of the formal sector workers are periodically revised to counter inflation...
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...Product Development. His creative ideas have keep Global Mobile ahead of the competition and satisfies their customers. Even with the increasing demand, more and more innovative and efficient ideas continue to come from the Product Development department. The Skill of the firm is a result of selective staffing of talented newcomers that can be productivity in the firms unique work environment. The synergy from the staff and the structure that Global Mobile offers has allowed employees to reach their full potential. For example, the informal structure has allowed the Director of Product Development be as creative as he wants which has yielded unique products that have set Global Mobile from the rest of the competitors in the market. Having highly capability staff means there is little to no training needed on the job which means more time being productive and fully functional within the firm. Based upon the structure of Global Mobile being informal with a hierarchy to direct concerns without actually being restrictive their strategy is never really set in stone. This is evident with the flexibility given to the Product Development department and even the Sales department when they decide to make promises on release dates for products that may not even started production. The informalities have caused there to always be the possibility of inconsistencies. With the differential leadership styles in this firm there is no one willing to conform to more defined...
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...-1- WHAT IS HIDDEN, IN THE HIDDEN ECONOMY OF PAKISTAN? SIZE, CAUSES, ISSUES AND IMPLICATIONS Ahmed Gulzar Novaira Junaid Adnan Haider Pakistan Institute of Development Economics, Islamabad, Pakistan National Transport Research Centre (NTRC), Ministry of Communications Beaconhouse National University (BNU), Lahore, Pakistan State Bank of Pakistan, Karachi, Pakistan Abstract There is a worldwide contemporary debate about the role of the hidden economy in achieving the goal of sustained and inclusive economic growth and development, especially in the context of its spillover effects on the formal economy. For this purpose, policy makers and academicians have made concerted efforts to estimate the size of the hidden economy and to analyze its causes, issues and implications on key macroeconomic variables. However, there is a consensus among the policy makers that a better macroeconomic policy formulation and its true implementation are subject to the proper management of the associated issues of the hidden economy with suitable policy measures. In Pakistan, it is generally assumed that the hidden economy contributes about 30% to 50% to the overall GDP. The purpose of this paper is to estimate more precisely the size of the hidden economy with the determination of its potential causes and implications. Five statistical and structural modeling approaches namely; simple monetary approach, modified monetary approach using dynamic ordinary least square (DOLS)...
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...| Evolution of Formal Organizations | Alfredo A. Garcia Jr. | | Nicole Taylor | 1/15/2012 | In this article the evolution of formal organizations will be explained as well as other areas such as the differences in today’s organizations compared to a century ago. Also explained in this article are the current trends in formal organizations and some of the characteristics needed to change in to a formal organization. Concluding this article will determine if an organization is likely to evolve in the future. | In today’s society there are three major types of formal organizations. Amitai Etzioni (1975) recognized the three types’ of organizations by the motives societies took part in them: normative organizations, utilitarian organizations, and coercive organizations. The normative organization is a type of formal organization that a person works for to accomplish a goal. The utilitarian organization is the most common of the three formal organizations because of the fact that the utilitarian organization is the type of formal organization someone works for in order to make living. The third type of formal organization is the coercive organization, which is the type of organization that has involuntary membership. Various organizations are discovering that it is easier to become a flexible organization. Within the past century formal organizations have been evolving...
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