Financial Management Lecture 1- Introduction and Context 1Dr. Tarik Driouchi - tarik.driouchi@kcl.ac.uk Senior Lecturer- Financial & Mgt. studies Office Hours [WBW4.15]: Thursdays 4-6pm A few words on the AAFM MSc… Themes: Accounting Theory‚ Financial Accounting‚ Valuation‚ Corporate Governance‚ Financial Management & Markets‚ Behavioural Finance Structure: Taught modules (term 1 & 2) + Dissertation (term 3) KCL Keats‚ KCL e-resources and Q&As 2 Learning Objectives • Main objectives
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Defining the psychological contract The exchange relationship between organisation and employee ranges the entire contract spectrum from strictly legal to purely psychological (Spindler 1994). Many aspects of this relationship are shaped by legislation‚ enterprise agreements and/or an employment contract signed by the employee detailing issues such as hours‚ salary and benefit plans. However‚ other aspects of the employment relationship are likely to be confined to the subconscious (Spindler 1994)
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CONTEXTUALIZING MANAGEMENT AND BUSINESS THEORIES FOR AFRICA Term Paper Organizational Theory MOI UNIVERSITY – NAIROBI CAMPUS Presented to : Dr. Komen Presented By: Mohammed Shakeel Salyani SBE/D/101/12 Table of Contents 1. The issue of the applicability of extant theories of management and business to the African context. 2 2. The underlying assumptions and prescriptions of dominant management theories and to what extent are they relevant to African challenges and
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Understand the relationship between strategic management and leadership Strategic management refers to the coordination of material‚ human‚ financial and technological resources of an organisation to enable it and all its stakeholders to achieve their stipulated goals in an effectively and efficiently. Leadership is the process of organising‚ supporting and directing the individuals in an organisation with the aim of influencing them to work in pursuit of the goals and missions of an organisation
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Organization theory is about ideas and principles that flow within an association on how work can be done by investigating through different perspective. It is important to study organization as improvements can be carried out to make sure organizations are performing efficiently through developing the organizations structure and mission statement. (Developing an enabling organisational culture‚ changing organisational culture.). (See Apendix A for some applications of organizational Theory). There
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I will look into is Modern and Critical Theory. Each element illustrates different views and concepts in looking things in an organization. Moreover‚ I will provide some examples‚ similarities and differences between them. In part B‚ these perspectives will explain Google and its relationship with the environment. Modern The theory of modernist is to discover the principal and practices that manage organizations universally. Modernist sees organizations and buildings as real entities. Furthermore
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riesORGANISATION THEORIES A Theory is a set of inter related concepts‚ definitions & propositions that present a systematic view of phenomena. It also specifies the relationship among variables with purpose of explaining and predicting the phenomena. “Organization theory refers to the study of the phenomena of organizational functioning and performance and of the behavior of Groups and individuals working in them.” The main theories which seek to study the organization are: * Classical
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The Relationship between Organizational Learning and the Learning Organization Introduction During these years‚ there has been an increased trend toward emphasizing on the importance of learning in organizational management‚ due to the managers were told that the economy has turned into a knowledge economy (Drucker‚ 1993 cited in Berends et. al‚ 2003)‚ and that knowledge and learning “are of prime importance for creating and sustaining competitive advantage”(Nonaka‚ 1994 cited in Berends et
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False | | | | | | | | | | | | | | | | | | | (3.2) Liquidity ratios F K | Answer: a | EASY | . | The current ratio and inventory turnover ratios both help us measure the firm ’s liquidity. The current ratio measures the relationship of a firm ’s current assets to its current liabilities‚ while the inventory turnover ratio gives us an indication of how long it takes the firm to convert its inventory into cash. | | | | | | | | | | | | a. | True | | | | |
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PART A Introduction Understanding organizations may occur to some‚ to be a complex issue. The multiple approaches allow us to embrace this issue by providing us with concepts and theories using the different assumptions of ontology and epistemology to understand and analyze organizations better. This essay will discuss on the modernism and critical theoretical perspectives and its influence on the aspects that constitute an organization which includes power‚ control and conflict‚ social and
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