• Yoyo
    from the expected/planned result need to be analysed, adjustments made to better achieve the desired result ➢ Management needs to monitor the external environment and stay up-to-date to establish opportunities and threats Decisional ➢ Managers make important decisions ➢ May need...
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  • Business Environment
    important for running a business unit successfully at any place. Because, the environmental factors influence almost every aspect of business, be it its nature, its location, the prices of products, the distribution system, or the personnel policies. Hence it is important to learn about the various components...
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  • Enmvironmental Context of Management
    CONTEXT OF MANAGEMENT Concept of Business Environment Environment refers to all internal and external forces. They have a bearing on the development, performance and outcomes of an organization. They influence attainment of goals. Business is environment specific. It is neither self-sufficient nor self-contained...
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  • Internal Auditor
    HRM and IR HRM - Human Resource Management IR - Industrial Relations HRM - There are only two important parties viz., employee and employer. IR - These are four important parties viz., employees ,employer ,trade unions and government HRM - Formulation of objectives ,policies ,procedure and...
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  • Boook 1
    13 Theoretical Approaches to Employment and Industrial Relations: A Comparison of Subsisting Orthodoxies 1Department of Industrial Relations & Personnel Management, University of Lagos, 2Department of Accounting, University of Lagos, Nigeria Christopher Odogwu Chidi1 and Okwy Peter Okpala2 ...
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  • Pratik Pawar
    business ecosystem is proposed, and a business ecosystem health evaluation model is built. Its factors are in the following: stability factors, including productivity, diversity and resilience; the sustainability factors, including productivity, vitality and creativity. And this evaluation model is applied to...
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  • factors of foreign policy
    a country is influenced by so many factors Some of the important factors which influence the foreign policy of acountry or constitute the inputs of the foreign policy broadly speaking these factors fall into two categories, domestic and external. Domestic Factors 1.Size. In the first place the size...
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  • Industrial Relation
    Industrial relationsIndustrial relations include the whole range of relations between workers , managers and government which determine the conditions under which work is done in all types of enterprise.(An organization created for business ventures)  ‘Managers’ are those who have the responsibility...
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  • Corporate Governance & Hrm
    UKBJIRBritish Journal of Industrial Relations0007-1080Blackwell Publishing Ltd/London School of Economics 2006September 2006443541567Articles Corporate Governance and Human Resource ManagementBritish Journal of Industrial Relations British Journal of Industrial Relations 44:3 September 2006 0007–1080...
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  • Research Paper on Human Behavior Organization
    danger, and scarcity of resources. They had to work this way to survive, and very little effort was devoted to their job satisfaction. Then came the industrial revolution in the beginning the condition of the people did improve, but at least the seed was planted for potential improvement industry expanded...
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  • Hrm Dvelopment
    occurred, namely; the birth of human resource management, the welfare phase, scientific management, the emergence of the behaviour sciences, the industrial relations era, post World War II developments and finally, the evolution of HRM through the 1980’s and beyond. In addition, this work will give practical...
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  • Hrm Study Materials
    important if not more than any other exectuive leadership function.’  Human Resource Management:  A strategic approach to managing employment relations which emphasizes that leveraging people’s capabilities is critical to achieving competitive advantage. This being achieved through a distinctive set...
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  • Kodak
    electronics company using a PESTEL analysis of the various factors involved in their organisational change. Political    Both significantly influenced by political factors in terms of organisational change although it can be argued that the influence on WaterCo has been more pronounced. The political...
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  • Steps to Christ
    Answer: The Macro Environment factors are: 1) Demographic Environment 2) Economic Structural Environment 3) Technological Environment 4) Political Environment MACRO-ENVIRONMENTAL FACTORS A business and its forces in its micro environment operate in larger macro environment of forces that...
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  • Human Resource Management, Institutionalisation and Organisational Performance:
    institutionalised sector like hotels. Library of Congress 5001-6182 Business Classification 5546-5548.6 Office Organization and Management (LCC) 5548.7-5548.85 Industrial Psychology HF5549 Personnel management Journal of Economic M Business Administration and Business Economics Literature M 10 Business Administration:...
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  • Labour
    An industrial relations system consists of the whole gamut of relationships between employees and employers which are managed by the means of conflict and cooperation. A sound industrial relations system is one in which relationships between management and employees (and their representatives) on the...
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  • Essay
    part of managing a company’s human resources. This chapter explores the necessary components of an effective and efficient human resource management system. CHAPTER OUTLINE Introduction Managers and Human Resource Departments Strategic Human Resource Management The Human Resource Management...
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  • Wk3 Environmentalanalysis
    unexpected internal and competitive demands” (Pearce & Robinson, 2011, p. 3). Managers need to be aware of the conditions in the environment that influence the organization. The information empowers managers to take advantage of opportunities to gain greater profits and mitigate threats to the organization...
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  • “Industrial Relations” and “Human Resource Management”
    Compare and Contrast “Industrial Relations” and “Human Resource Management” With the rapid pace of globalization, economic development and the more fierce competition among enterprises, the environment of employment is becoming more and more complex than in the past. The companies, no matter private...
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  • Labour Low in Practices
    'deregulation' as it has been used suggests that industrial relations can, in time, become unregulated. Such an outcome is impossible. Rules of some kind are necessary to maintain order in the workplace. Such rules can arise from sources internal or external to the workplace and be formal or informal in...
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