ideas from both these approaches, although it could be interpreted that it largely adopts the resource-based view. The resource-based view looks at analyzing a firm’s internal resources and using this to devise a strategy (Wernerfelt, 1984). A fundamental aspect of the resource-based view of strategy is that an organisation is affected by its internal capabilities and it is these capabilities – and use of them – which enables a company to gain a competitive advantage (Peteraf, 1993; Johnson, Scholes
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Managerial Economics Koç University Graduate School of Business MGEC 501 Levent Koçkesen The Aluminum Industry in 1994 • Aluminum smelting is a perfectly competitive industry: 157 smelters worldwide in 1993 • Traded at London Metal Exchange (LME) • Price in 1988 over $2,500 per ton • Price at beginning of 1994 about $1,100 per ton • Mainly due to the collapse of the Soviet Union and the resulting flood of aluminum into the world markets by the Commonwealth of Independent States (CIS) 1 Annual
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DIVISIONAL PERFORMANCE MEASUREMENT A. Objective: The objective is to develop performance measurement systems for divisions that are significant investment centers in large organizations. Such systems should: (1) provide information for economic decisions, (2) facilitate the control of division operations, (3) motivate managers to achieve high levels of divisional performance so as to further the objectives of the entire organization, and (4) serve as a basis for evaluating the performance
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shortages, greater product innovation, enhanced marketing opportunities and a better corporate image. The findings of a recent study by the European Commission reveal additional positive business outcomes, such as improved communication processes and managerial styles, as well as reduced staff
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FACULTY OF BUSINESS, ENTERPRISE AND LIFELONG LEARNING INTERNATIONAL PROGRAMME ACADEMIC YEAR 2013/14 Module Code: BU7205 Module Title: Managing Human Capital Level: 7 (MBA 2) NAME: MD JAHED HOSSAN STUDENT ID: 1326892 MODULE TUTOR: David Hall/Rajendra Kumar SUBMISSION DATE 23rd JUNE 2014 Table of Contents Introduction 4 Literature Review: 5 Human Capital strategy 7 Critical analysis: 9 Conclusion 14 Recommendations
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the economic efficiency view, through which the corporate governance system should aim to optimize economic results, with a strong emphasis on shareholders welfare. Board members and those with a responsibility for corporate governance are increasingly using the services of external providers to conduct anti-corruption, auditing, due diligence and training. corporate governance means two things • The processes by which all companies are directed and controlled. • A field in economics, which
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ANNUAL CONFERENCE OF THE NIGERIAN SOCIOLOGICAL SOCIETY AT TEMPRANCE HOTEL OFF THE BELLS UNIVERSITY ROAD OTA, OGUN STATE. DATE: TUESDAY NOVEMBER 25- THURSDAY NOVEMBER 27, 2008 ABSTRACT Professionalism in banking is violated when ethical or legal fundamentals are breached or blatantly disregarded. Ethics is a strong code of morality, which for an occupation such as banking, plays an important role in the well being of individuals, businesses, national and international economies. Unethical conduct manifests
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Taylor management collaborating more effectively with the managers of the outsourced manufacturing located in China. The need for strategic management is heightened by brutal competition, pressure on price due to globalization, and the recent economic recession. For Ann Taylor, an agile supply chain strategy coupled with total quality management will reduce costs. In an inefficient archaic system, fashion apparel can become obsolete even before it reaches the marketplace. Outsourcing production
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ACADEMIC GUIDELINES www.ibs.utm.my ACADEMIC GUIDELINES CONTENTS ITEM PAGE Overview / Background of UTM 4 Philosophy of UTM 4 Vision of UTM 4 Mission of UTM 4 Motto of UTM 4 International Business School (IBS) In Brief 5 Vision of UTM IBS 5 Mission of UTM IBS 5 Core Values 5 Client Charter 6 UTM IBS Organization Chart 7 Postgraduate Administrator 8 Graduate Faculty 9 Enrolment and Duration Of Studies 13 Change of Program Of Study, Type of Registration, And Mode of
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to be the master of its own fate . . . to penetrate the darkness of uncertainty and provide the illumination of probability” (S. R. Goodman). It is not surprising, therefore, that one company after another raced to embrace this new source of managerial salvation. As a result, most major companies today can boast a corporate-planning officer, often with full attendant staff. It seemed appropriate to ask some chief executives whether strategic planning has lived up to its advance billings. Three
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