1. What is an organization? Why are managers important to an organization’s success? Answer – An organization is a systematic arrangement of people brought together to accomplish some specific purpose. All organizations because each comprises three common characteristics. 1) Every organization has a purpose and is made up of people who are grouped in some fashion. 2) No purpose or goal can be achieved by itself; therefore‚ organizations have members. 3) All organizations develop a systematic structure
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therefore involves: • A broad view of social‚ environmental and economic outcomes for an organization. • A long-term perspective‚ concerned with the interests and rights of future generations as well as of people today. • An inclusive approach to action‚ which recognises the need for all people‚ including the employees‚ to be involved in the decisions that affect their lives made by an organization. Sustainability is now rapidly emerging as an important part of corporate business strategy
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Ethics can be viewed as a way of behaving that can be prescribed and imposed by the work environment (Garcia-Zamor‚ 2003). Virtually all societies have developed rules and regulations about how business should be transacted and how business organizations should be managed. In other words‚ based on experience and the philosophical and religious values of the society‚ rules of acceptable and non-acceptable behaviors evolve and are encoded into society (Mendenhall‚ Punnett and Ricks‚ 1995‚ p.138)
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Diversity is a point of difference. Change‚ variation‚ dissimilarity. For most organizations it involves creating an inclusive organization where the differences of all people are respected‚ valued and utilized towards achieving a common goal. Differences people bring to the work environment include race‚ gender‚ sexual orientation‚ religion‚ age‚ geographic background‚ education‚ economic background and thinking and communication styles. Company leaders are always on the lookout for innovative
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quality content ranked high‚ the other side (website owners) got impacted and lost their search result positions. But‚ even with Google’s disruptive algorithm changes‚ search engine optimization is still there. Optimization strategy & digital marketing of a website to improve website’s online presence may need to be revisited and revamped. One cannot just depend on old plans of directory submission for their 5-10 page website and hope to get listed on Google’s first page of search result. So
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strategic imperative of marketing management to the success of business organizations. In my opinion‚ the marketing strategy that the management department from a company or organization develops is a central role or one of the most important strategies that companies have to analyze in order to be successful on the product or service that they are promoting. As stated on the Marketing Management book by Philip Kotler and Kevin Keller; “Successful marketing requires companies to have
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The Importance of Learning Organization A learning organization works with ideas i.e. it comes up with new ideas on all levels‚ disseminates these new ideas across the organization and finally inculcates these new ideas into operations by embedding them in its policies processes and reviews. It has structured mechanisms and processes put in place to generate knowledge and it takes this new knowledge as a basis of responding to the change in its business environment. A learning organization as
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Nike’s Marketing Success In a world of intensely competitive multi-billion dollar corporations‚ Nike’s continued drive towards innovation and developing diverse marketing techniques has propelled them to the forefront of the athletic shoe and apparel industry. The pursuit of success has its costs and risks and Nike is continually faced with challenges that exploit their vulnerabilities and areas of risk. This paper will focus on Nike’s key successes as well as potential risks. It will also provide
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human resources activities as a contribution to the company’s bottom line. At all levels of the organization‚ managers and HR professionals work together to develop employees’ skills. For example‚ HR professionals advise managers and supervisors how to assign employees to different roles in the organization‚ thereby helping the organization adapt successfully to its environment. In a flexible organization‚ employees are shifted around to different business functions based on business priorities and
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to build better things that help us everyday in everyway. Without engineers‚ the world would stop. My father is an engineer‚ graduated from the University of Poona in the state of Maharashtra‚ India. Therefore‚ since my dad was an engineer‚ great importance was attached to subjects like Math and Science from a very young age. Those subjects were always first priority because with those subjects‚ it is possible to do anything. Add I completed the "O"tm Level examinations with good grades in subjects
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