objectives. First‚ an explanation of Blake and Mouton’s Managerial Grid will provide the reader with insight regarding the intent and mechanics behind the theory. Secondly‚ the feasibility of employing this theory in today’s workplace will be briefly explored. Finally‚ we will identify some of the challenges that may present themselves when referencing this theory within the context of a global marketplace. Blake and Mouton’s Managerial Grid was originally developed in 1962 as an organizational
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Luke’s Three Dimensions of Power "Power serves to create power. Powerlessness serves to re-enforce powerlessness"(Gaventa‚1980:256). Such is the essence of the on going relationship between the Powerful and the Powerless of the Appalachian Valley where acquiescence of the repressed has become not only common practice but a way of life and a means of survival. In his novel Power and Powerlessness‚ John Gaventa examines the oppressive and desperate situation of the Appalachian coal miners under
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The Pacific Manufacturing Company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labor cost. In computing an overhead rate for the year‚ the company’s estimates were: manufacturing overhead cost‚ $126‚000; and direct labor cost‚ $84‚000. The company has provided the following data in the form of an Excel worksheet: [pic] .:. Required: 1. a. Compute the predetermined overhead rate for the year. b. Compute the amount of underapplied or overapplied
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Promote Professional Development 1.1 It is very important to always continue learning and training as this will always give good practice‚this can be done through training courses‚ when starting with the company we all undertake mandatory training and this will be followed up by refreshing each course yearly or as and when needed‚ staffs in their supervision will be asked if they would like to take up and advanced courses and also we would also discuss about what training needs to be refreshed.
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CU2942 Promote Professional Development 1 understand principles of professional development 1.1 The importance of continually improving knowledge and practice is that you can ensure that you are aware of any new relevant legislation and you can also improve the service you provide. It also gives you the opportunity to reflect on what you are good at as well as what you are not so good at‚ so that you can see what areas you can improve in. Professional development is an opportunity to reflect
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------------------------------------------------- Chapter 5: Bonds‚ Bond Valuation‚ and Interest Rates (5–1) Bond Valuation with Annual Payments Jackson Corporation’s bonds have N=12 years remaining to maturity. Interest is paid annually‚ the bonds have a FV=$1‚000 par value‚ and the coupon interest rate is PMT=8%. The bonds have a yield to maturity of I=9%. What is the current market price of these bonds? $928.39 Calculator solution: Input: N = 12‚ I = 9‚ PMT = 80‚ FV = 1000‚ Solve for PV =
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1) Before answering this question lets review the job and process costing sytems: Job order cost system: • Jobs are assigned to each job or batch • A job may be for a specific order of inventory Process cost system : • This cost system is generally used when a large volume of similar products are manufactured Answers: a. A custom yacht builder – job order costing b. A golf course designer – job order costing c. A potato chip
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Geert Hofstede’s Cultural Dimensions National cultures can be described according to the analysis of Geert Hofstede. These ideas were first based on a large research project into national culture differences across subsidiaries of a multinational corporation (IBM) in 64 countries. Subsequent studies by others covered students in 23 countries‚ elites in 19 countries‚ commercial airline pilots in 23 countries‚ up-market consumers in 15 countries‚ and civil service managers in 14 countries. Together
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Competition Promotes Prosperity Competition in most cases is a good thing. Athletes often profit the most from competition because they are forced to give their all on every play. Even a world class athlete‚ if he has completion will be pushed further and will have to give in to his own agenda (laziness) to remain competitive. Competition in the market place is no different; it combats most company self-interests and instead provokes producers into wealth-creating activities.1 The competitive
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Outline the key strands of the sociology of work! The term work is expressed as performing duties involving the use of psychological and physical energy‚ for the purpose of the manufacture of goods and services in order to achieve an individuals needs (Gedden’s 2008). There are six key areas of thought in the sociology of work these include “managerial psychologist”‚ Durkheim systems”‚ Interactionist”‚ Weber Interpretivist”‚ Marxian and “Post structuralise and Post Modern” (Watson 2008). Sociology
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