Compensation – The sum total of all forms of payments or rewards provided to employees for performing tasks to achieve organizational objectives Rs Compensation- Nature and scope • The complex process includes decisions regarding variable pay and benefits • It suggests an exchange relationship between the employee and the organization • It involves design, development, implementation, communication and the evaluation of reward strategy and process of the organization Compensation Objectives
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the need for organizational change, management accounting techniques have developed and proliferated at an unprecedented rate in the last few decades. Some critics, however, have charged that the changes are a "reinvention of the wheel" every few years. To put these issues in perspective, let's look at a framework created to illustrate the distinctive nature of these techniques in an organizational change context. The framework considers such factors as user resistance and organizational culture that
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WHAT’S IN A NAME - HOW A NAME AFFECTS THE CONSUMER BUYING BEHAVIOUR Priyanka Kumari Ma in Fashion Marketing Priyankamgt768@gmail.com Pearl Academy, Naraina, New Delhi, India Abstract “A product is something that is made in a factory; a brand is something that is bought by a customer. A product can be copied by a competitor, a brand is unique. A product can be quickly out-dated, a successful brand is timeless” (Quiston, 2004, p 345). Many brands today mean little to consumers, who have become
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MSc Development Studies Perspectives of Development Presentation Assignment: The Free-market Theory/The Free Enterprise Theory/Economic Liberalism Key Words: Laissez faire, Adam Smith’s ‘invisible hand’, liberalism, supply and demand, nationalization, privatization, deregulation, rational choice liberalism, neo-liberalism Between 1970 and the last decade before the millennium, there took place a remarkable and dramatic change in the attitude towards the role of the state in economic activities
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The Strategy of International Business Learning objectives • Explain the concept of strategy. • Understand how firms can profit from expanding globally. • Understand how pressures for cost reductions and pressures for local responsiveness influence strategic choice. • Be familiar with different strategies for competing globally and their pros and cons. In this chapter the focus shifts from the environment to the firm itself and, in particular, to the actions managers
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GM 591: LEADERSHIP AND ORGANIZATIONAL BEHAVIOR COURSE PROJECT A. INTRODUCTION In Honduras, one of the 3 largest private companies is SABMiller, and it’s also one of the largest brewing companies in the world with a wide portfolio of premium beer brands and leading local brands. It is also one of the world’s largest Coca-Cola product bottlers. My role within the company is within the Marketing Department, in the Market Research division. In the marketing department we have a team made up
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1 DEVELOPING A SUSTAINABLE COMPETITIVE ADVANTAGE THROUGH STRATEGIC POSITIONING By R. Murray Lindsay April 2002 Strategic management is the process by which senior management ensures that the organization’s strategy is carried out or that it is modified to reflect changing conditions or knowledge. Management accounting and control systems play a key role in strategic management. While a management control course will typically take strategy as a given, it is important for you to have a reasonable
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behaviour of individuals and groups within organisation has their limitation. This culture can be sensed but not seen by person in on organisation consists of attitudes, emotions perceptions, behaviour and effectiveness of person in organisation. (Organizational Behaviour and Management, 2011).
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in his business career. Three of the setbacks he openly discussed with many are the launch of MP3 player, which was a total disaster, holding Virgin MegaStore retail outlets for too long that caused a huge financial loss, and Virgin Cola trial to acquire Coca-Cola, which was again a huge loss. Open communication about failures and assuming responsibility for one’s own mistakes clearly shows the individual consideration one of the core components of transformational leader. Another example to prove
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[pic] Xaviers Institute of Business Management Studies MARKS : 80 COURSE : MBA SUB: INTERNATIONAL BUSINESS N. B.: 1) Attempt any four cases 2) All cases carries equal marks. No: 1 BPO – BANE OR BOON ? Several MNCs are increasingly unbundling or vertical disintegrating their activities. Put in simple language, they have begun outsourcing (also called business process outsourcing) activities formerly performed in-house and concentrating
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