It is an important area of any company which basically concerned with the production of Goods or Providing Services. It uses the resources of the organization and convert it into valuable good or services."Operation Management (OM) is the set of activities that creates goods and services through the transformation of inputs into outputs" (Render, Heizer p.3). This is a universal rule for any process that it is consists of three major steps, first one is the Input (in the form of...
International Accounting Standards Committee (IASC) was formed in 1973 in consequence of an agreement between accountancy bodies in Australia, Canada, France, Germany, Japan, Mexico, the Netherlands, the United Kingdom and Ireland as well as the United States for setting International Accounting Standards. Since 2001, the IFRS Foundation has been conducting the standards-setting work for the International Accounting Standards Board (IASB). (http://archive.iasb.org.uk/about/history.asp)...
Collectively, groups of people accomplish far more than individuals; the standard of living that we experience is improved by tackling problems together We are heavily dependant on others, we are social animals, and there is a strong need for collective and organised activity. Organisations fulfil our social, cultural, political and physical environment (Mullins, L. 2005). Formal groups are formed as part of the organisational structure, by managers to organise and delegate the work load....
In the brewery industry, SABMiller, which has been operating across six continents, is now one of the world's leading brewers. Regarding of the business environment, the company has started from a developing country, South Africa, and has successfully entered into both developed and developing markets through acquisitions and joint venture. According to the financial report for the last five years, the company has been doing quite well (SABMiller, 2012). For the strategic capabilities, the...
Human resource management is defined as managing workforce expectations in relation to fulfill the organisational objectives and settling both to ensure employee fulfilment and understanding of management goals. Human Resource Managers are responsible for developing strategies which directly affect the performance of the organisation. Increasing competition in the market, globalisation, rapid change in technology, and the growth of workers diversity, increasing cost and increasing customer...
In this paper, we have made our efforts to highlight on the issues that really tend to make management education a success in the future. We have talked about the management education prevalent in India; the various growth drivers like Integration of Economies, the changing demographics, and development in technology; the major issues and challenges being faced, including the formation of committees for improving management education and their recommendations, AICTE role. Other challenges...
The concept of 'employee engagement' is rapidly gaining popularity and use in the workplace. Employee engagement is also increasingly being examined in the literature, as researchers struggle to catch up with its wave of popularity in the corporate world. While there is much interest in engagement, there is also much confusion. There is no consistency in definition, and engagement has been operationalised and measured in many diverse ways. Every organization wants to gain competitive advantages...
This paper is a compilation of my change management assignments, my literature review and finally my mini case. We were required to be as original as possible and only use references just gain an understanding of the topic or material to be used and I have done basically that. I did not really use material from online authors because I tried to follow the instructions as much as possible, so much of it is written in my own language and style, while not deviating from the essence of the required...
Gamification is the concept of applying game-design thinking to non-game applications to make them more fun and engaging. (Gamification Wiki, 2012) Though a relatively new field, gamification has been used in a variety of applications albeit in a simpler manner, from driving customer loyalty through loyalty points to improving employee engagement within the workforce using titles such as "Employee of the Month" The latter is an example of enterprise gamification wherein enterprises...
Only the takeover scheme provides some assurance of competitive efficiency among corporate managers and thereby affords strong protection to the interest of vast numbers of non-controlling shareholders. A takeover of a public company is the purchase of one company whose shares are listed on a stock exchange by another. Experiential facts on takeovers propose that they generally produce value. The question is why have the UK and U.S- two countries with ostensibly similar systems of corportate...