In this assignment I shall look at the theory of organisation structure of large Companies and identifying the key features and the roles of managers plays in the Success of organisational structure and discuss the four main types of organisational Structure explain functional structure, Divisional structures, matrix structure and formal structure, including the benefits and the limitation of the structure. I shall define and distinguish the differences between the various types of structures...
Banks have already changed a great deal over a past few years. The bank which was once content to collect deposits and lend money to companies in profit now also wants to lend u as well. Loans for car, home and education in domestic and foreign universities have already been launched. Services like Demat account and mutual funds are being launched by various banks to increase customer base and enhance profit. But the latest addition to these services is insurance offered by banks. This is pop...
Numerous newspaper articles, television news stories, books, and documentaries focus on Wal-Mart over the past few years. Documentaries such as "Wal-Mart: The High Cost of Low Prices" and "Is Wal-Mart Good for America?" serve to reinforce perceptions of Wal-Mart's size and power. In addition, a barrage of news and information partially based on anecdotal evidence has fueled public perceptions of Wal-Mart's power over suppliers. Without a doubt, Wal-Mart is a dominant retailer. Analysts expect...
A person spends most of his life training and working. People usually work at places that they are less than excited to get up in the morning and go to; this is an awful feeling. (Latumahina, 2010)Working in an environment involves building and breaking of relationships. So the quality of relationships with colleagues, managers, co-workers and clients is very necessary for wellbeing and building a connection to the workplace. A work environment full of positivity and enjoyment can definitely ...
Mergers and Acquisitions can be described as a step taken by any two organizations to make a more valuable company rather than two separate companies. Although the terms 'merger 'and 'acquisition' are used very closely, but they are different. When one company takes over the other, the target company is taken as non-existent and the buyer company takes over the company continues to trade the stocks with its name. Whereas, in case of mergers, two separate firms, mostly of the same size, mutual...
Introduction I have been very grateful for being chosen to do this report, I have found some very interesting facts that I would love to share with you. Telkom is a very important company in South Africa. The reson why why telkom is very important is because, Telkom is Africa's largest integrated communications company, providing integrated communications to all types of clients. Investigative method The method that I've used in this research was mostly the internet (www.Telkom.co.za). I also...
A subject of great significant in the oil sector of UAE in recent years is the involvement of UAE populace in the administration and running of oil and gas projects. Indisputably, these firms are the major source of riches for UAE. Hence, it is important that United Arab Emirates nationals build up the required credentials to swap expatriates at the oil and gas firms. As observed by the minister of Petroleum & Mineral Resources, it is important to build new cooperation between UAE and Multina...
ROLES AND ACTIVITIES OF HUMAN RESOURCE AND LINE MANAGERS 1. Human resource planning Human resource planning (HRP) or workforce planning is one of the classic HR administrative tools in the estimation and identification of HR requirements used to meet the organization long-term objectives and economic opportunities. It is therefore defined as the systematic process for analysing the organization needs on how many employees are needed and what kind of knowledge, skills and talents is required i...
Cost of quality (COQ) and total cost of quality (TCOQ) have become the most powerful management tools to measure quality performance during the past two decades. At macro level in the business, TCOQ is expressed as the sum of prevention, appraisal and failure costs within the organization while at micro level, COQ is concerned with the same cost elements but it is only for individual activities of the business. Regarding to K.Kumar and J.C. Brittain (1995), they conducted postal surveys over ...
This essay takes up the analysis of the functioning of a team in an actual workplace scenario known to the author, with the application of extant management and HR theories of team work. HR and management experts have for long recognised and extolled the benefits that can arise from the working of cohesive and focused teams, very often even in the face of adversity (Hackman, 2002, p 16). The positive attributes of teamwork have been recognised time and again, especially so in areas of militar...