organisation -organisation is a person or group of people intentionally organized to accomplish an overall or set of goals. -organisation is primarily driven by set of goals and aims. -an organisation will have controlled performance with standards, its members identifying: goals, measurement and comparisons of actual versus plan, corrective action. -the most basic organisation will have function such as finance, production and sales. -organisations have a purpose whether it is a company producing
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QUALTIY WORK LIFE INTRODUCTION Quality of Work Life is becoming an increasingly popular concept in recent times. There is an all round demand for developing the humanised jobs which can satisfy workers’ higher needs, employ their higher skills and make them better citizens, spouses and parents. Quality of work life is one of the most interesting approaches in organization. Employees at the grass-root level experience a sense of frustration because of low level of wages, poor working conditions
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Emotional Abuse: Lasting Effects on Women's Mental Health Name Institution Abstract The study is aimed at determining the impact of emotional or psychological abuse on woman. In previous studies, impact of physical abuse on woman was analyzed but not that much emphasis was observed on emotional abuse. This study utilized the Coercive Control model to fulfill the requirements of the study and examine the impacts of emotional abuse on the women in the long run. The impact includes both physical
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management control system targets. Therefore, conventional management control systems focus on getting better operational efficiency. But as operational efficiency is no longer adequate to create sustainable competitive advantages, management control systems must be expanded to managerial practices that cultivate employee cooperation and creativeness in the discovery and development of new business opportunities. This is especially the case in the high-tech industries that are at the faced with
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to the purchasing of the recently released model of the iphone 5, by Apple Inc. The devices cost start at $199 us dollars and require a two year service plan. Why then, would persons stand in line for days, to acquire this device? In examining the demand and supply of the said product, statistics were researched to gain a better understanding of the reasoning behind such behaviour, and the opportunity cost attached. Information attained by Apple showed that the iphone 5 demands outstrips supply
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following day, the Food and Drug Administration announced its refusal to review ImClone's application for Erbitux, a promising cancer drug. The next trading day, Dec. 31, ImClone's shares opened at $45.39 per share. That difference in price would have cost Stewart about $51,200 if she sold first thing that morning. Had she acted responsibly? The obvious answer is no. But I defy anyone to ignore the possibility that they could lose a large some of money in a short time. Her actions after getting
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Ethics and Corporate Responsibility in the Workplace and the World The first category of stakeholders in this case are the executives and managers. Their consideration is that the business strongly relies on partners helping them in the provision of the best value products to their customers. Retailers become increasingly dependent on strong managerial relationships in providing the best quality products within their customers’ optimal price points. The second category
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retailers are – which lends to systematising operations but which implies capital intensive processes and therefore cost considerations will be crucial. Second, IKEA offers a large number of products (up to 14000 depending on the country/store) so there is high variety in the production process which not only leads to the need for complex and flexible processes but also entails high unit costs. Third, variation in demand will however be low, or at the least predicable (holiday periods for example) so advanced
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vrije tijd of ga je werken. * Efficiency is de hoeveelheid dat je kan maken in een bepaalde tijd. * Equity is de verdeling tussen arm en rijk. 2) The cost of something is what you give up to get it: (je moet keuzes maken en daar iets anders voor opgeven) * Oppertunity cost is gederfde inkomste. * Oppertunity cost is dus wat je moet opgeven. 3) Rational people think at margin: (rationale gedachtegang voor mensen is in marges) * Rationaal is een helder denkend persoon
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1 Nurture & Realize Your Potentials NATIONAL ECONOMICS UNIVERSITY INTERNATIONAL SCHOOL OF MANAGEMENT AND ECONOMICS RESEARCH PROJECT Microcredit of TYM Fund in Hanoi – Efficiency Assessment and Recommendations for improvement Instructor: (MSc.) Mai Xuan Thuy Research group: 28 Hanoi, June 2012 2 ACKNOWLEDGEMENT We would like to address our deepest gratitude to our supervisor – (Msc.) Mai Xuan Thuy, whose constructive comments and orientation from the initial to final phase has made
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