Organizational Health – Concept, Dimensions, and Characteristics

Management Concepts

Organizational Health Approach – Building a Strong Workplace

Modern Management Concepts

Participative Management – Workers Participation in Management

Human Resource Management

Case Study on Entrepreneurship: Larry Page

Business Analysis

The Boundaryless Career: Modern Contemperory Perspective on Career

Human Resource Management

Importance of Management Skills in Small Business

For a Small Business to grow, expands and flourish the management team needs to follow basic, yet profound skill sets to achieve success of the business. If these management skills are not taken seriously enough the end result will quickly become failure of the business. There are three key management skills that small business managers need to follow for success these are; Technical skills, Human skills and Conceptual skills. Then there are specialized skills that are imperative for small business success to occur these include; Planning, Organizing, Directing and Controlling. Small Business owners might not obtain these skills because of not having the opportunities to learn these skill sets through the use of courses or university education. Without these skills small businesses will find it near impossible to be successful but through the implementation of the skill sets small businesses will experience growth and prosperous times. Technical skills Technical skills Continue reading

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The Case Method in Research

Case study method is one of the methods of investigation. Originally case method was used in medicine. The physician used to maintain a record of treatment and health conditions of each patient. Each such record pertains to a ‘case’. The peculiarities of each ‘case’ are known as well as generalities of all cases together. The cause-effect relationship is established and exceptions there to are also noted down. The basic unit of case study is a case – a particular one of its kind. It may be a single business unit or a whole group of business units in an area or a single producer or a group of producers or a single consumer or a group of consumers and so on. When a group is involved, that group is treated as one unit, with whatever phenomenon found in one group member is taken as a phenomenon of the group as Continue reading

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Meaning and Definition of Motivation

To the behavioral scientists, the word motivation is something stemming from within a person. According to them, motivation refers to a dynamic driving force, which stems from within. It is an “inner striving condition, which activates or moves individual into action and continues him in the course of action enthusiastically”. Thus, motivation is defined as an inner state that activates, energizes or moves behavior towards goals. And, the forces inside the individual that inspire him to continue work are variously called as wishes, drives, needs etc. According to Rensis Likert motivation is the “core of management.” Motivation is an important function performed by manager for actuating the people to work for the accomplishment of organisational objectives. Issuance of well-conceived instructions and orders does not mean that they will be followed. A manager has to make appropriate use of various techniques of motivation to enthuse the employees to follow them. Effective Continue reading

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Double Taxation Relief

One of the major risk in the International Business is the payment of taxes in both the  countries i.e. the country in which the business is actually effected and in the  country where the MNC is having its head office. This type of double taxation  will definitely impede the growth and development of the MNCs in multiple  ways. So the provisions are made to avoid the double taxation (Double Taxation Relief) between the two  countries through two types of relief namely Bilateral Relief and Unilateral  Relief. Bilateral Relief Under this scheme, relief against the burden of double taxation is worked out on  the basis of mutual agreement between two countries. There are two types of  agreements. In one type, the two concerned countries agree that certain incomes  which are likely to be taxed in both countries shall be taxed only in of them or  that each of the two countries Continue reading

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Business Environment Scanning

The Concept of the Environment Philosophically, the environment of a corporation includes all those realities whose existence may effect the corporation directly in any perceptible way. These realities may be sorted out in the following four categories: The “Community” that is made up of all the human begins that inhabit it and all their social organizations of all kinds The “Culture” that is made up of all the constructs of the human mind that affect the behaviour of all these individuals and organizations The “Habitat” that includes all the physical features of this environment The “Product” that includes all things made and services rendered by man Applying the prevailing culture and using and consuming natural features of the habitat and the product of past periods, the entries of the community have an existence and generate goods and services. Operationally, however, there are two main types of business environment: corporate environment Continue reading

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The Need for Entrepreneurship

Entrepreneurship is the act of being an  entrepreneur, which is a French word meaning “one who undertakes an endeavor”. Entrepreneurs assemble resources including innovations, finance and business acumen in an effort to transform innovations into economic goods. The most obvious form of entrepreneurship is that of starting new  businesses; however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. The concept of entrepreneurship has a wide range of meanings. On the one extreme an entrepreneur is a person of very high aptitude who pioneers change, possessing characteristics found in only a very small fraction of the population. According to A.H. Cole, “Entrepreneurship is the purposeful activity of an individual or group of associated individuals, undertaken to initiate, maintain or aggrandize profit by production or distribution of economic goods or services”. Entrepreneurship promotes small business in the society. Government has accepted the fact Continue reading

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