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
Premium Organization Management Structure
Introduction International business relates to any situation where the production or distribution of goods or services crosses country borders. Globalization the shift toward a more interdependent and integrated global economy creates greater opportunities for international business. Such globalization can take place in terms of markets‚ where trade barriers are falling and buyer preferences are changing. It can also be seen in terms of production‚ where a company can source goods and services easily
Premium International trade Tariff Free trade
Title of the Articles: “Trump is doing things right‚” “Messing with Mexico is a dangerous idea‚” “Trump refugee mess previews failures ahead” Author of Articles: Duncan Hunter‚ David A. Andelman‚ Marc Ambinder A controversial argument debated among the United States citizens is how Donald Trump will perform as president. Several articles present different standpoints‚ providing examples and opinions proving their viewpoint on similar topics concerning the president. In the Article “Trump is doing
Premium United States President of the United States Donald Trump
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
Premium Leadership Management
Article Reference Newel‚ P (2005) ‘Citizenship‚ accountability and community: the limits of the CSR agenda’‚ International Affairs‚ 81 (3) May‚ pp. 541-557. Objective of Article The writer attempted to highlight the benefits and limitations of CSR‚ the challenges facing its implementation particularly in poorer communities that do not enjoy a good relationship with their local corporate industry due to the absence of strong state socio-economic agencies‚ poor legislation‚ and access to NGOs
Premium Corporate social responsibility Social responsibility Petroleum
Case 1-1. Welcome to the World of 21st-Century HRM 1. Angie does have the right to say what she wants to on her face book page or her blogs. She has that right because it’s simply freedom of speech she can post or say whatever it is that she wants. 2. If what she posted harmed the company or its reputation in some way my answer without a doubt would change. 3. If she gave out confidential information about new products or services my answer would change as well that could hurt the company in
Premium Thought Idea Investment
I. MAJOR REASONS FOR GOVERNMENT INVOLVEMENT IN MARKET ECONOMY 1. Providing the economy with a legal structure: This is the first and most important function a government should provide and without it an economy may collapse. This function requires the government to ensure property rights‚ provide enforcement of contracts‚ act as a referee and impose penalties for foul play. In order to perform this function‚ the government should furnish the economy with regulations‚ legislations‚ and means that
Free Monetary policy Federal Reserve System
Lecture1 1.What’s the “ economizing problem”? Scarce resources VS. unlimted wants. ( labor‚ capital‚ land) 2. Are “normative statements”(规范声明) merely factual and free of value-judgment? No‚ normative is prescriptive. Things should be postive and factual. 3. Define the “fallacy of composition”. Fallacy of composition(组合谬误) is false generation. 4. Money is not considered a resource. Why? Because money is not a product. 5. Why is the production possibilities curve downsloping? Because
Premium Supply and demand
Republic of the Philippines RAMON MAGSAYSAY TECHNOLOGICAL UNIVERSITY CASTILLEJOS EXTENSION – SAN MARCELINO CAMPUS Castillejos‚ Zambales PASTILLAS ALL THE WAY BUSINESS PLAN Presented by: Jonalyn R. Galsim BSBA- III Presented to: Mrs. Teresita Globio INSTRUCTOR I. ABSTRACT Starting a small business is a really exciting and interesting adventure. For student like me‚ I figured out that the sweet products like pastillas is a good start for a business‚ that’s why I choose
Premium Management Goal Term
Leadership Memo Maliah Lewis MGT 521 November 4‚ 2012 D.S. Leadership Memo Mr. Smith‚ I would like to thank you for the opportunity to lead the new team in the department. I feel that it will be a great journey and have developed a plan to successfully lead the team. Included in this memo‚ are details about the individuals that will be a part of the team as well as insight provided on the leadership approach that I will be taking. Because the members of this team have been with the company
Premium Leadership Fiedler contingency model Management