Culture encompasses the values‚ beliefs‚ attitudes and behaviour of an organisation. Culture is how things get done in organisations. It is an intangible asset and a specific collection of values and norms that are shared by people and groups in an organization and that control the way they interact with each other and with stakeholders outside the organization. Here‚ organizational values are beliefs and ideas‚ about‚ what kinds of goals members of an organization should pursue and the appropriate
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LO6-3 Relate price elasticity of demand to total revenue. LO6-4 Define and calculate income elasticity and cross-price elasticity of demand. LO6-5 Explain how the concept of elasticity makes supply and demand analysis more useful. Summary Elasticity is defined as percentage change in quantity divided by percentage change in some variable that affects demand (or supply) or quantity demanded (or supplied). The most common elasticity concept used is price elasticity. (LO6-1) Elasticity is a better descriptor
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Understanding Business Organisations Report RSPCA is a Charity non-profitable organisation from the Tertiary Sector within Services. http://www.rspca.org.uk History The Royal Society for the Prevention of Cruelty to Animals was founded in 1824 by a group of twenty-two reformers led by Richard Martin MP‚ William Wilberforce MP and the Reverend Arthur Broome in a London coffee shop ( in St. Martin’s Lane‚ not far from Piccadilly Circus‚ stood Old Slaughter’s Coffee House) and founded as
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The concepts and theories of a particular perspective offer us with distinctive thinking tools with which tp craft ideas about organisations and organising. The more knowledge you have of multiple perspectives‚ concepts and theories‚ the greater will be your capacity to choose a useful approach to dealing with the situation you face in your organisation. Today organisations operate in complex‚ uncertain and often contradictory situation. Managers and employees are expected to do more with less‚ to
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Compare and contrast macro political risk with micro political risk. Discuss policies to combat their impacts on international business activities. Strategic planning is essential prior to any individual or company deciding to engage in international business whether as direct/indirect investment or through trade. An evaluation of risks should be considered and strategies developed accordingly prior to any potential investment in a foreign country. One such risk which requires consideration is political
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‘Micro Finance and Women Empowerment ’ By Ms. Varsha Parikh Lecturer Department of Extension and Communication Faculty of Family and Community Sciences The M.S.University of Baroda Vadodara 390002‚Gujarat‚ India E-mail : vbparikh@rediff.com Micro Finance and Women Empowerment By Ms. Varsha Parikh ABSTRACT Self-help groups intermediated by microcredit have been shown to have positive effects on women. Micro finance refers to small savings
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Table of Contents 1 Introduction: 6 1.1 Objectives: 6 1.2 Scope of the Study: 7 1.3 Methodology and Data Collection: 8 1.4 Limitations: 11 2 Institute of Microfinance (InM) 13 2.1 Vision: 13 2.2 Mission: 13 2.3 Governance: 14 2.4 Governing Body 14 2.5 Current Governing Body of InM 14 2.6 General Body 15 2.7 Activities of the Institution: 16 2.8 Research: 16 2.9 Trainings: 17 3 Evaluation and Development of Microfinance Sector: 20 4 The Microfinance
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theoretical way‚ modernist organizational theory emphasizes on how to create a rational‚ stable and effective organization as ways of controlling to overcome problems under the ever-changing world (Hatch and Cunliffe 2006)¹. It’s all about the “truths” which govern the organizations. The “truths” can be power or rules within the organization and employees. For example‚ in order to assist the organization‚ employees may establish strategies on how to increase the firms to be more productive and efficient
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1 ECON 331: INDUSTRIAL ORGANISATION TOPIC: ANALYSIS OF THE NEWSPAPER ARTICLES SUBMITTED BY: Vishakha Agarwal BABE-3 110144 2 INTRODUCTION 1. PRODUCT DIFFERENCIATION “Diversity is the staff of economic life.” The theoretical tool of dealing with diversity is product differentiation. (Rosen.2002). It is an important component of imperfectly competitive strategic interaction. Sometimes‚ producers create physical and psychological differences between goods that are nearly identical
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Business Environment 1. Define the term ‘Business Environment’. Explain the various elements of the internal environment of business. What do you understand by the task environment? A business environment can be defined as the surroundings‚ external factors‚ circumstances and all the influencing factors that affect the operations of a business. In a business environment there are two main classes of factors namely internal and external. The internal factors are considered those that the company
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