Learning Organization: Why is it important to Organizations? By Subodh Shakya Learning is at the heart of a company’s ability to adapt to rapidly changing environment. * John Browne (CEO‚ British Petroleum Company) Introduction of Learning Organization Learning‚ today‚ has become the essential part of our life. People who fail to learn new things‚ skills or acquire new knowledge have limited probability to success. The same applies to the organizations also. Organizations
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to Consumer Banking division and Commercial Banking division. So ACB has departmentation by product. 2. The difference between ACB and Sacombank: Both ACB and Sacombank is the retail banking. However‚ the ACB’s target customers are individual‚ small and medium enterprises and base on the organizational structure we can see ACB specialize in two product lines are Consumer and Commercial. While Sacombank focus on enterprises and develop different areas equally. 3. The organization structure
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Small World “The world is getting smaller..." Yeah! The world is surely getting smaller and smaller. The total land area of the world is about 148‚300‚000 square kilometers‚ which still can be considered large enough for the current world’s population (about 6 billion). However‚ due to the rapid population growth (special thanks to China and India and the United States)‚ it is no wonder that it is running out of space. By the end of 2050‚ it is estimated that the world population will reach
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Introduction The management and organizational approaches that are used by various firms play a critical role in their performance. The adopted management approach is important due to the fact that it determines the efficiency with which activities are performed. The organizational structure of the firm on the other hand determines the delegation and application of authority. The organizational structure is developed by the management. The structure facilitates effective interaction among employees
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Managerial theories of the firm Managerial theories of the firm place emphasis on various incentive mechanisms in explaining the behaviour of managers and the implications of this conduct for their companies and the wider economy. According to traditional theories‚ the firm is controlled by its owners and thus wishes to maximise short run profits. The more contemporary managerial theories of the firm examine the possibility that the firm is controlled not by its owners‚ but by its managers‚ and
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Major Assignment 1) a) Demand Function: Quantity Demanded (Qd) = a + b* Price (P) Supply Function: Quantity Supplied (Qs) = a + b* Price (P) Where: a = constant b = the change in quantity as a result to the change in price. Demand Function: Quantity Demanded (Qd) = a + b* Price (P) b = (420 – 350) / (20 – 25) = 70 / -5 = -14 Using: P = 25‚ Qd = 350 350 = a – 14 * (25) 350 = a – 350 Therefore a = 700 and the demand function would be: Qd = 700 – 14 * P Supply Function:
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Corporation is to be selected for undergoing the organizational study for the following reasons: • Trivandrum Handicraft Development Corporation is the head office. • In this organization has goodwill in general public. • Handicrafts have a major role in Tourism Sector. 1.2 OBJECTIVE OF THE STUDY • To understand the flow of authority and responsibility in the different departments of the organization. • To assess the overall efforts adopted by the company in order to satisfy the consumer demand
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the ways in which the organization’s activities are divided‚ grouped‚ and coordinated between managers and employees. The structure is based on the organizational design and has to be appropriate to the strategy of the organization Cream Dream is a small business concern at present. It has a very limited line of products and needs to make efficient use of its resources. Based on its size and product offerings‚ the organization will adopt functional organization structure‚ which is the most basic and
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Why do some people prefer small towns over a big city? Some may think that big cities are intimidating and some may say small towns aren’t interesting at all .I the have been to small towns numerous times before and feel a little more sense of security ‚ a cleaner environment and friendlier people. In a big city its hard to be the town gossip or have the best hospitality than others but ‚ there are pros and cons to each side of a story and I got opinions from long time small town woman and read numerous
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MANAGERIAL AND COST ACCOUNTING LARRY M. WALTHER & CHRISTOPHER J. SKOUSEN DOWNLOAD FREE TEXT BOOKS AT BOOKBOON.COM Managerial and Cost Accounting © 2009 Larry M. Walther‚ under nonexclusive license to Christopher J. Skousen & Ventus Publishing ApS. All material in this publication is copyrighted‚ and the exclusive property of Larry M. Walther or his licensors (all rights reserved). ISBN 978-87-7681-491-5 Download free books at BookBooN.com 2 Managerial and Cost Accounting
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