I. Introduction There are many different types of people with different ways of thinking to be able to come up with decisions. Individuals use the different thinking styles in their personal and professional lives. Their experiences that they have learned since they were children, both formal and informal ways, have greatly shaped the way they think. This paper will examine and analyze three different thinking styles and how they affect the critical-thinking process. By being able to understa...
This article shows the effectiveness of Organizational Development models in order with the example. In this article we have discuss the comparison of three OD models mentioning their effectiveness in order with example. The world is passing through the turbulent times. Companies are expanding their business, acquiring new enterprises, and going through significant changes, including outsourcing, downsizing, automation etc. Tomorrow's world will be different from todays, calling for new organ...
In 1998 the PIA have downsized their employees, which was a very disturbing situation and experience by the employees, most of the employees who were the survivors feel insecure and their trust, commitment towards the organization were also decline. To motivate the remaining employees they used human resource interventions and training programs to cope up the hallow situation. In current situation PIA is in financial crises, PIA has loss of more than 42.6 billion. The government is tried to a...
WHAT IS NEW PRODUCT DEVELOPMENT? New product development (NPD) is the term used to describe the complete process of bringing a new product or service to market. We carry our process of new product development in two parallel paths in first we start with the idea generation, product design and detail engineering then we make market research and market analysis. Companies typically see new product development as the first stage in generating and commercializing new products within the overall s...
Introduction The concept of globalization provides for a wider scope of reach in the marketing and management industry where capitalization involves not only limited within the confines of localization but rather reaching out to the world. De Mooij (2010 ) defined globalization as one involving wider flow of capital, technology and media that involves human behaviour emanating from various global forces. A universal civilization emerges from industrialization and modernization with technologi...
The main goal of a business is to make as much money as it possibly can. Sometimes, it is by any means necessary, illegal or not. When money begins to come in, an individual can become greedy and immoral. They begin to do things they would never imagine themselves doing in order to maintain their status in society. However, it's only a matter of time before the truth is revealed. Enron was the epitome of corporate crimes. When the executives at Enron realized they could make billions of doll...
According to the European Commission, CSR is defined as a concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment. It is a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis. Lord Holme and Richard Watts described CSR as the continuing commitment by businesses to behave ethically and contribute to economic development while impr...
Wal-Mart has been able to be one of the leading businesses in the world due to their efficiency in their supply chain management practices. They have been able to grow at an unexpected rate due to their focus on the needs of their customers. At the same time they have been able to reduce costs through supply chain management practices. Wal-Mart has been able to offer a wide range of products at some of the lowest costs when compared to competitors. All of this is due to the highly automated d...
Introduction Study suggests that many companies use standard accounting to determine costs and for measuring performance. However, there has always been speculation on standard costing being the most effective measurement. The actual cost usually differs from the standard costs, which is based on calculations and assumptions. Standard accounting takes into account various factors like price, specifications, quantity and quality of the material. The estimations involved in analyzing and settin...
There are several framework on the financial performance have been became apparent during last couple of decades and most of them relates to social and financial performance, which are mainly associated around the corporate social responsibility and performance concept . Only few of the study emerged to evaluate financial performance and the sustainability of competitive advantage. Furthermore, most of the work has been associated with industry level but not the firm level, which is also more...
