114591 December 20‚ 2014 Culture in Business: Relationships vs. Rules or Relationship and Rules We live in a world where we are in relationships with other people such as that of our family and friends; yet‚ it is important to note that relationships are also present in businesses in different dimensions. It seems to be evident that businesses in the Philippines or in any other country follow US system when it comes to research and doing business‚ wherein there are certain frameworks
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Organization structure refers to the method which the organization utilizes to distribute its workers and jobs across the organization so that the tasks of the organization can be performed and the goals of the organization be achieved. Therefore‚ there exists a number of such structures e.g. divisional‚ multidivisional‚ matrix or functional structure. This paper evaluates the usefulness of functional and multidivisional structures. Gareth Jones (2007) defined the organizational structure as the
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A study of Effects of Organizational Culture and Service Innovation on Business Performance - Use Macau SMEs as example by SUGIARTO January 2014 Master of Business Administration Lecturer: Dr. Hirna Supervisor: Tim Li Abstract With the progress of the times‚ the dissemination of information becomes faster and faster‚ and the scientific and technogical innovation also speeds up. As corporations are constantly working out service innovation in order to enhance their
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CHAPTER OVERVIEW Capital plays an important role in business. Every business enterprise‚ whether big‚ medium or small‚ manufacturing‚ services or industrial‚ needs capital to carry on its operations smoothly and to achieve its targets organization’s objective. Capital Structure means how an organization or company manage their capital or obtain financial resources to manage their business well. Business adopts different types of capital structures in order to meet the internal needs and an external
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many positive benefits for the organization. Retaining customers through effective customer service enables easier growth‚ indirectly and directly. When the customers are happy and satisfied then the staff is happy as well (2009). You can improve the customer stimulation by offering discounts‚ promotions and having active sales efforts will keep a relationship with your customer and attract them to buy more of the products or service you sell. Upon the organization‚ you can keenly monitor the customers
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Communication Structure and its Effects on Task Performance INTRODUCTION: As we perform our everyday tasks‚ we tend to use different type of techniques in order to produce efficient and a well satisfactory job. And most of the time‚ our good ways of communicating other people really makes our work easier. Communication is an act by which one person gives to or receives from another person information about that person’s needs‚ desires‚ perceptions‚ knowledge‚ or affective states. It may be intentional
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Michelle eventually finds a problem that has no cut-and-dry solution. The problem is unique and is unlikely to occur again. This problem is ________ in nature. A) structured B) programmed C) scheduled D) nonprogrammed 3. Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions? How might managers improve their decision-making skills? A wrong decision is incorrect‚ immoral; a bad decision is more foolish or inappropriate
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factor in employee performance. It is of great importance to an organization to recognize ways in which it can use employee motivation to positively affect employee performance. The methods used by organizations to motivate its employees are essential in determining how they affect employee performance. There are both positive and negative motivational tools that may be explored. The purpose of this paper is to examine the relationship between motivation and employee performance. “Motivation
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the influence of culture on romantic relationships. Within the world there is no relationship that is the same‚ there are many different experiences and these experiences are vastly different for each culture. The western culture (Europe or USA) is very different when compared with the non-western cultures (India or China). The main different between Relationships in Western and non-Western cultures is the in the degree to which they are voluntary or non-voluntary. Western cultures place importance
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Discuss the relationship between business and society? (30 marks) A business is also known as an enterprise or firm. It is an organization designed to provide goods and services or both to consumers. Businesses are predominant in capitalist economy. A society may be defined as a community or a large group of people having common or different traditions‚ cultures and values. The environment of society is a key concept of understanding business and society relationships. The social
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