INTRODUCTION According to (Robins & Judge, 10th, p.2), Organizational Behavior studies the influence and impact that individuals, groups, and organizational structure have on behavior within organization for the purpose of applying such knowledge toward improving an organization’s effectiveness. In the business world today, Organizational Behavior is an essential tool for managing effective teams and it helps to understand and predict human behavior in an organization. It studies on how organizations
Words: 1740 - Pages: 7
added - Firm must maximize the future net cash flow to maximize its value and mimimize cost of capital - C.f. forecasts are very difficult,estimate future c.f. need make assumption - Important for value maximization is the consistency Real options theory - Two types: growth and flexibility options - Strategic alliances and joint ventures, investment in core products Putting performance analysis into practice - Need to asses current situation - Identify current strategy - Identify sources of
Words: 3191 - Pages: 13
since the beginning of mankind. Numerous theories have been evolved; definitions have been coined by various famous and renowned authors, academicians and also from the various institutes. In today’s business active world lot of attention have been shed on leaders and various notions of leadership linked with them. Peter Drucker, in his work in 1954 pointed out that “Leadership is of utmost importance. Indeed there is no substitute for it. But leadership cannot be created or promoted. It cannot
Words: 2616 - Pages: 11
Lecture 1: 1. What Are Organizations? Organizations are social inventions for accomplishing common goals through group effort. * Social Inventions mean that their essential characteristic is the coordinated presence of people. The field of organizational behaviour is about understanding people and managing them to work effectively. * Goal Accomplishment: organizational survival and adaptation to change are important goals. The field of organizational behaviour is concerned with how
Words: 3166 - Pages: 13
1. Which of the following is not comes under Maslow‟s needs theory? Answer : D. Specification needs 2. Collegial model is an extension of: Answer: None of these 3. Sigmund Freud‟s theory on personality is: Answer: Moral values 4. A person who moves fast, talk rapidly, usually impatient, measures success by quantity is a person of: Answer: Class A Personality type 5. According to Maslow‟s need hierarchy theory esteem need comes at________ position from bottom: Answer: At
Words: 3870 - Pages: 16
approaches d. neither (a) nor (b) are such approaches 3. Significant cost reductions, employee layoffs, closing poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a ________ strategy. a. portable b. retrenchment c. stability d. first-level 4. Which of the following is not one of the five industry forces that determine an industry’s overall attractiveness and potential
Words: 1710 - Pages: 7
AND CHARISMATIC LEADERSHIP THEORIES Gary Yukl* State University of New York at Albany Theories of transformational and charismatic leadership provide important insights about the nature of effective leadership. However, most of the theories have conceptual weaknesses that reduce their capacity to explain effective leadership. The conceptual weaknesses are identified here and refinements are suggested. The issue of compatibility between transformational and charismatic leadership is also discussed
Words: 9931 - Pages: 40
Economic One of the biggest factors that can affect the hotel industry we are in is an economic recession. When a catastrophe like this hits people they tend to panic and stop spending on unnecessary things. Luxuries that we provide in the hospitality industry like fine dining and recreational activities tend to be cut off from people when the recession hits. People become scared of the future and unsure of when things will get better and if it will happen again. This causes us to lose revenue and
Words: 3716 - Pages: 15
| International Business Strategy | Wal-Mart Case Study | | Aneesha Radia | | 09466782 | 1/28/2013 | | Contents 1. How attractive was the discount retailing industry in the USA when Wal-Mart first began operations in the 1950s? 3 THE THREAT OF ENTRY 3 THE DEGREE OF RIVALRY 3 THE THREAT OF SUBSTITUES 3 BARGAINING POWER OF BUYERS 4 SUPPLIER POWER 4 2. With reference to the key components of its Business Model, describe the sources of Wal-Mart’s competitive advantage
Words: 5008 - Pages: 21
Course Chapters Review Ch. 1,2,3,5,6,7,8, 13 & 16 (Chapter 11 on Leading and Leadership Development presented on 07/03 ) • Chapter 1 Overview • Work in the new economy is increasingly knowledge based, and people, with their capacity to bring valuable intellectual capital to the workplace, are the ultimate foundation of organizational performance. Challenges of working in the new economy • Today, individual and organizational success must be forged within workplaces that are constantly
Words: 2715 - Pages: 11
