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

Inflation: Meaning, Causes, and Effects

Inflation can be characterized as a rise in the general value level and therefore there is a fall in the estimation of cash. Inflation happens when the measure of purchasing power is higher than the yield of merchandise and ventures. Inflation additionally happens when the measure of cash surpasses the measure of enterprises accessible. Regarding whether the falling the estimation of cash will influence the elements of cash relies upon the level of the fall. Fundamentally, alludes to an expansion in the supply of money or credit with respect to the accessibility of stock and venture, bringing about higher costs. In this manner, expansion can be estimated as far as rates. The rate increment in the value list, as a rate for every penny per unit of time, or, in other words, years. The two fundamental cost lists are utilized when estimating inflation, the Producer Price Index(PPI) and the Consumer Continue reading

Abey Francis

Major Criteria to Assess the Performance of Employees

The starting point for the performance appraisal process is identifying specific performance goals. An appraisal system probably cannot effectively serve every desired purpose, so management should select the specific goals it believes to be most important and realistically achievable. For example, some firms may want to stress employee development, whereas other organizations may want to focus on pay adjustments. Too many performance appraisal systems fail because management expects too much from one method and does not determine specifically what it wants the system to accomplish. The next step in this ongoing cycle continues with establishing performance criteria (standards) and communicating these performance expectations to those concerned. Then the work is performed and the supervisor appraises the performance. At the end of the appraisal period, the appraiser and the employee together review work performance and evaluate it against established performance standards. This review helps determine how well employees have met these Continue reading

Abey Francis

Concept of Planned Shopping Centers

The expansion of suburbia brought with it planned residential  developments. These new sub divisions were connected by many new city streets  and through fares along which retail businesses could be established. The notion  of the planned shopping center was born. Developers could plan multi store  facilities that would serve the needs of these new  neighbor  hoods with grocery,  drug, and apparel goods. With the availability of large tracts of relatively cheap  undeveloped land located many miles from the inner city, but close to these new  living areas, large  centers  could be designed that would offer one stop shopping  to entire clusters of residential areas. The last thirty years witnessed the  widespread development of multiunit retail strip  centers  and the construction of  multiacre shopping malls/theme parks. Several important issues surround the choice of locating a retail business  in a planned shopping center. One important consideration is the nature of the  business Continue reading

Abey Francis

Factors Influencing International Compensation

Recently, the dilemma between sector and cultural predictors of compensation policies has become a public concern, and is extremely important in the background of internationalization. Even some well-known cultural traditions at working styles of many countries, examples like the Industry Wide Bargaining of Germany, the Lifetime Employment of Japan and the Wide-range Social Safety Net of France, now are facing the threats of being damaged owing to the big pressures from economic globalization. As a result, multinational employers are facing unprecedented challenges when choosing a job due to the pressures of economic globalization and market economy. The growth of global economy plays a major role in general business, especially in the areas of human resource management. It has been at the agenda of company leaders to chase the qualification of global mind-sets by which they used to meet the challenges brought by the trend of globalization of economy and create Continue reading

Abey Francis

Case Study of McDonalds: Advertising and Promotion Strategies

McDonald’s is the worlds leading fast food restaurant and is globally recognized.  With over tens of thousands of stores spread across 119 countries, McDonald’s serves an astounding  50 million  customers daily. McDonald’s has been viewed as the pinnacle and one of the defining features of the American lifestyle.   Burger, fries, and a Coke were the traditional meal.   Once it spread globally, it boomed into popularity because other countries wanted to be associated with the successful image of the “American dream”. McDonald’s provides a positive and caring attitude towards the community of which it serves.  McDonalds’ vision states that “We are not a hamburger company serving people; we are a people company serving hamburgers”. With a vision so clearly committed to people, customers have responded  by continuing to keep McDonald’s  number one. Other aspects of the McDonald’s dining experience show why their customers continue to hold their reputation high. Continue reading

Pages: 1 2
Abey Francis

Significance of Money in Modern Economic Life

Money occupies a central position in our modern economy. Money is everywhere and for everything in the modern economic life. Money has become the religion of the day in the ordinary business of life. Every branch of economic activity in a money economy is basically different from what it would have been in a barter economy. Money has created a far reaching effect on all facets of economic activities; consumption, production, exchange and distribution, as also on public finance and economic welfare. Money and Consumption Money enables a consumer to generalize his purchasing power. It gives him command over a wide variety of goods. It enables him to canalize his purchasing power and get what he wants. In fact, it is money through its immense purchasing power that makes a consumer sovereign in a capitalist economy. The consumer’s sovereignty can be expressed through money spending. Money provides freedom of choice Continue reading

Abey Francis