shareholders are predominately internal making any external influence to the company improbable. Google employees are carefully selected and generally consist of newly graduated software geniuses; recently the media has criticized Google for the majority of their employees being Caucasian and Asian males. Google Inc. has a responsibility to manage its operations to maximize shareholders profits‚ but how well does it treat the other four primary stakeholders: the government‚ employees‚ customers‚ and general
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Resourcing Talent in Organisations Recruitment and Selection Successful talent resourcing is a key component to an organisation’s performance and to gaining competitive advantage. Within a competitive market it is more important than ever that organisations have the best people for each role within the company. Attracting candidates with the right skills‚ experience‚ abilities and attitudes is crucial to any organisation’s success. Organisations will take a number of factors into consideration in
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Managing people & organisations assessment notes Topics * Types of business * Mission Statements * Policies * Goals * Objectives ------------------------------------------------- Types of Business Sole Trader – one owner of business (1 person who has legal responsibility) such as gardener‚ window cleaner‚ small retailer‚ and plumber Advantages * Caters for needs of local people * Profits don’t have to be shared * Business affairs can be kept private
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THE CHARACTERISTICS AND NATURE OF ORGANISATIONS LEARNING OBJECTIVES: on completion of this topic you will have: Developed understanding of the nature and characteristics of organisations Identified generic organisational features An understanding of the different types of organisations An understanding of the role of the organisation as a ‘goals-led‚ open system’ An appreciation of environmental impacts on organisations Developed understanding of the process of organising Be able to
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success is dependent on those who drive process change to achieve desired outcomes; hence‚ stakeholders are the drivers. The provision of education is essential to helping all stakeholders understand the ‘Why’ and need for change. Without their commitment to sharing accountability for improving the patient experience of care‚ the organization’s HCAHPS performance scores will remain status quo. Stakeholders need to understand the ramifications of remaining status quo – most importantly how this affects
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key figure in the turn of the century school of management theory. His book General and Industrial Management which was first published in 1916‚ is the foundation of the classical organisation theory. 2.1.2 Henri Fayol devised his ideas from his own practical experience. He decided that all business organisations are concerned with more or less the same type of activity and he claimed that his guidelines were universally applicable. He had a set of fourteen principles and his study of management
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are easily noticeable and measurable as compared to deep-level differences. One of the example is the use of expatriates who are professional personnel employed outside of their home country to work or assist in another organisation. Standard Chartered is one of the organisations which embraced surface-level diversity. It operates overseas and send executive to run subsidiaries in India and China since 1853. (Mellahi‚ Frynas & Finlay 2005) There will be a diverse of nationalities‚ culture and
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*BUS1001 Introduction to Management & Organisations E*ssay for Semester 1‚ 2008/9 According to Pettinger (2002)‚ management can variously be defined as a ‘science‚ profession and art’ and ‘its status lies somewhere between the three ‘with strong elements of each’. Is management a profession were you could qualify in like a doctor‚ is it science were there’s only “one best way to manage” (Bennet‚ Roger (1994)) or is it a skill/ personality in which a manager is has it in their genes from birth
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Bibliography Carroll‚ Archie B. and Buchholtz‚ Ann K ( ).Business and Society. Ethics and Stakeholder Management Thomson. South-Western. Chapter 1.pp 3-28. Ferrell‚ O.C.‚ Fraedrich‚ John Paul and Ferrell‚ Linda (2008). Business Ethics. Ethical Decision Making and Cases. Sixth Edition. Biztrantra: New Delhi. Lawrence‚Anne T‚ Weber‚ James and Post‚ James E.(2005) Business and Society. Stakeholders‚ Ethics‚ Public Policy 7th Edn. Boston:McGraw-Hill. Trevino‚ Linda K. and Nelson‚ Katherine A
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Presentation Transcript Slide 1: Forms of Business Organisation (Indian Context) Sourav Sinha Forms of Business Organisation : While establishing a business the most important task is to select a proper form of organisation. This is because the conduct of business‚ its control‚ acquisition of capital‚ extent of risk‚ distribution of profit‚ legal formalities‚ etc. all depend on the form of organisation. The most important forms of business organisation are as follows: Sole Proprietorship Joint Hindu
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