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Some of the factors which may cause uncertainty in the external business environment are inadequate needs of customers, technological changes, regulations and elimination of foreign barriers which may hinder trade. These factors fall under opportunities which a business can equally devise ways and means of benefiting from them. In addition, some of the external factors which act as threats and also create uncertainty in business include shifts in the tastes and preferences of consumers,...
I intend to make this study a success through the methodology used. This study is mainly based on the use of both literature existing from researches, journal, textbooks which contains a few models developed to describe and measure the effects of organizational culture on employee performenace/productivity, participant observation to collect data on naturally occurring behaviours in their usual context e.g employee attitude to work. This study sill also make use of in-depth interview...
In a 2006 survey by Baylor University professors which was sent to 10,000 U.S. business professionals in 1985, 1993, and 2001-concluded that an ethical atmosphere in an organization contributed to bottom-line and efficiency. They reasoned that ethical attitude translate to ethical behavior and in turn encourage the stakeholders to trust in the system. A lack of trust in an organization's fair dealing means all transactions must be monitored more closely, which takes time and drives up costs...
Motivation is not a new managerial or leader's tool. It has been used for years and therefore a number of motivation theories exist, current and traditional ones. However applying motivational theories in practice makes us come across difficulties that have to do with each individual employee. Personality, needs and goals are factors to take under consideration before applying any motivational theory to a group of employees in order to make sure that positive results with derive from this...
The Social Entrepreneur points out trends and brings innovative solutions to social and environmental problems, either by seeing a problem that is still not recognized by society and / or view it through a different perspective. Through their actions, it accelerates the process of change and inspires others to engage stakeholders around a common cause. Social entrepreneurs are individuals with innovative solutions to society's most pressing problems. They are very strongly committed and...
Due to the globalization and increase in the offshore sourcing activities, global supply chain management is becoming one of the main issues of several businesses. Global supply chain gives importance to the company's worldwide interest rather than concentrating on the local and national market place. There has been a considerable expansion in global supply chain especially in the field of automobile and computer industries (Taylor, 1997; Dornier et al., 1998). This growth in the globalization...
Human Resource Management: Human resource management is considered to be as one of the most important areas of an organization to be properly managed. The main purpose of human resource management is to acquire and maintain appropriate level of employees to achieve the objectives of the organization and to create a productive and safe working environment which thereby creates opportunities for the employees to perform well and develop with the organization (Ferris, R et al 1995). Generally an...
Smith wrote a paper which reviewed opportunities to businesses to engage in sustainable food supply chain and linked them with agricultural and business practices with the end goal to add value and satisfy consumer needs and wants efficiently. Three things influenced flow of supply chain: money; goods and knowledge. The level of influence was based upon the type of supply chain. However knowledge and influenced only trickle along commodity supply chains, where food was sold according to...
Planning Human Resources is the part of Human Resource management process. In general, human resource management is the management of people to achieve individual behaviour and performance that will enhance and encourages an organization's effectiveness. At present, HRM act as the major factor differentiating between successful and unsuccessful organization which is valued than technology or finance for reaching the competitive advantage. It should be emphasised again that in the modern-day...
In 1977, Kanter proposed the view of work and family in the business world as that of two separate domains. With the changing nature of people, work and workplaces, people have started focusing on job insecurity, work load, quality work and long working hours (Brannen and Moss 1998; Burchell, Ladipo et al. 2002; La Valle, Arthur et al. 2002) and the long hours culture in many occupations (Bond, Hyman et al. 2002; Crompton, Dennett et al. 2003). Although occupational and work-family stress has...