PRINCIPLES OF MANAGEMENT III DEFINE ORGANIZATION; DISCUSS THE CHARACTERISTICS‚ IMPORTANCE AND ITS SIGNIFICANCE. INTRODUCTION: The word is derived from the Greek word ORGANON‚ itself derived from the better-known word ERGON which means "organ" – a compartment for a particular task. ORGANIZATION is the foundation upon which the whole structure of management is built. It is related with developing a frame work where the total work is divided into manageable components in order to facilitate the achievement
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Subject Code: IMT-14 Subject Name : Organization Structure and Behaviour Objective: To enhance understanding of the dynamics of interaction between the individual and the organisation and facilitate the development of a perspective to diagnose and effectively deal with the issues of human behaviour in organisation. Contents : Organisations and Organisational Behaviour: An Introduction Changes in the Organisational Context and Challenges for Organisations –Current Trends‚ and the challenges they
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INTRODUCTION The spread of globalization around the world has been fed by many factors. Though the political decisions of economic globalization get all the headlines‚ it is however‚ institutions like Multinational corporations that power it along. The power and influence of multinational corporations in the world is one that cannot be doubted. In fact‚ the new game for world power is no longer Geo- political but Geo-economic. Its main actors are no longer the former world aristocracy of great powers
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The Media and Globalization Globalization contains many factors‚ which can be studied in a wide range of ways. It can be analyzed on a macro level or a micro level‚ with many contributors. Terhi Rantanen‚ in her book The Media and Globalization‚ explores the media as a contributor to globalization. While explaining the many level media’s impact is seen‚ she chooses to show the micro level of its impacts in relation to globalization. She explains several factors of the role of media such as
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Title: Maintaining motivation in the workplace Assignment task: Option 2 Motivation is one of the most frequently researched topics on organizational behaviour according to Robbins‚ Judge Millett & Walters-Marsh (2008). Motivation among other things is about an individual’s persistence of effort towards attaining a goal. 1. How would you motivate employees in your workgroup to ensure: a) They focus on attaining the goals of the workgroup? and; b) Continue to maintain a consistent quality
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advertisement) of profit based production simply depends on industrial technology. So its reflections on economy both on local and global level has resulted with a consumption-oriented market strategy applied by the corporations. Nevertheless with the globalization of economy‚ there emerged a shift from local to global in the crucial problematic of marketing. First of all‚ an understanding of marketing strategy that is targeting more and more consumption in general has to consider the reality that it has
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The term ‘globalization’ is one that is widely used to describe the connections between countries all over the world. A large corporation in Canada could be communicating with a partner in Asia. Businesses can now have branches all over the world and can afford to import many different products due to globalization. Global business has grown over the years as trade barriers have been reduced‚ communications have become more advanced‚ and transportation technology is changing by the day. The world
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and other variables that form its organizational culture. The study of these mannerisms from management to employees can be said to be organizational behaviour. Sheetal Narkar defines it as “The field of study which investigates the input that individuals‚ groups and structures have on behavior within an organization”.9 It depicts the organization as a piece of machinery that has several parts that need to work cohesively for the machine to function properly. The study of the behavioral characteristics
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ORGANIZATION GROUP FLOW In an organization‚ communication flows in 5 main directions- 1. Downward 2. Upward 3. Lateral 4. Diagonal 5. External 6. Laissez-faire 1. Downward Flow of Communication: Communication that flows from a higher level in an organization to a lower level is a downward communication. In other words‚ communication from superiors to subordinates in a chain of command is a downward communication. This communication flow is used by the managers to
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Globalization is the process that businesses and other organizations develop to international influence or begin operating on an international scale. Through most of humankind‚ trade has been an essential in obtaining products and gaining information. As centuries passed communities developed into nations and trade was conducted on a larger scale‚ which developed into international trade. Opium‚ the sticky‚ yellowish‚ latex residue that is dried and that comes from the poppy plant‚ has been a global
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