Which groups of people were better off and worse off during hyperinflation? Hyperinflation is when a country experiences a large increase in prices and there becomes an imbalance in the supply and demand for money‚ causing the concept of inflation to be meaningless. The hyperinflation of the Weimar Republic was a 3 year period of hyperinflation in Germany‚ between June 1921 and January 1924. It was caused by the extremely rapid growth in the supply of paper money. It was almost like a form
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Introduction: This paper is written about "learning in an organization"‚ in other words‚ how to transfer knowledge between people who work in the organization. The authors of this study propose that knowledge has two perspectives; one is tacit knowledge and the other is explicit knowledge (Nonaka and Takeuchi 1995)‚ and these two kinds of knowledge can be managed in an organization‚ which Nonaka and Takeuchi (1995) called SECI model. The theory is put on a situation which I joined. I managed business
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Africa and Asia. Like most colonies‚ these three had a few similarities in addition to many contrasting differences. A main similarity between the early American‚ African‚ and Asian colonies was their administration system. The early American colonies were formed by small bands of adventurers loosely controlled by European administration‚ which compares to African and Asian territories in which administration remained limited.
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COMPONENTS OF AN ORGANIZATION An organization is a group of individuals who work together to achieve a common objective/goal. For this to happen‚ the organization has to have elements which ensure its sustainability and success. These elements are: Common purpose Co-ordinated efforts Division of labor Hierarchy of authority Span of control Departmentalization Centralization and decentralization COMMON PURPOSE Common purpose is the means for unifying members. An organization without purpose soon begins
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MANAGERIAL ORGANIZATION CONCEPTS IN THE CONTEXT OF EXISTING ORGANIZATIONS 1.0 Introduction The objective of this report is to consider two companies and conduct a comprehensive comparison between the two in terms of their management styles. In achieving this objective‚ Institute of Java & Technological Studies‚ which is a service organization and Jacobi Lanka‚ which is a manufacturing organization have been considered. The first section compares and contrasts the two companies’ management practices
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The Business School BUMGT 5921 Organizations: Behavior‚ Structure‚ Processes Semester 2‚ 2012 Pre-sighted examination questions and notes on the examination QUESTIONS Section A Question A1 will be offered in the exam without any change and you will have to answer this question. As a guide‚ approximately three pages long relevant answers should be sufficient for this question. It is worth 20% of the total grade for this course. Question: A1 Analyze and evaluate your syndicate’s development
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of Learning Organization * A learning organization is an organization‚ which facilitates the learning of all its members and continuously transforms itself. ( Pedler‚ Boydell and Burgoyne‚ 1992) * A learning organization has managers who create an environment where the behaviors and practices involved in continuous development are actively encouraged. (Honey‚ 1996) * An organization in which learning is valued‚ and consciously managed and supported. A learning organization develops and
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The Living Organization™ Norman Wolfe There is a change rippling through the ranks of corporate leadership‚ a generational shift in the ranks of CEOs and other corporate executives. It is a shift from those who were raised during World War II and moved into leadership roles during the 70s and 80s‚ to those who were raised in the post-Vietnam era and assumed their leadership roles in the 90s and turn of the century. Where previous generations relied on the traditional military‚ hierarchical‚ command
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Course: MBA 741 Name: Wei Liu To: Kristin Holmberg-Wright Date: 4-24-2012 1. How do charismatic and transformational leadership compare and contrast? Why are they valid concept today? A: the charismatic leadership and transformational leadership are almost same‚ like transformational leader’s Individualized Consideration and charismatic leader’s sensitivity to followers need; transformational leader’s charisma and charismatic leader’s. But they still have some different in some parts.
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Lecture 4 Organisational Culture and Change [Stephen P. Robbins & Mary Coulter‚ 2012‚ Management‚ 11th Ed.‚ Pearson‚ Essex‚ England] 1. What is organizational culture? 2. Strong cultures 3. Where culture comes from and how it continues 4. How employees learn culture 5. How does culture affects managers 6. Changing organizational culture 7. Current issues in organizational culture Note: This topic represents the managers’ internal environment‚ thus‚ is a continuation of Lecture 3: The
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