In recent years, the pursuit of profit and winning competition has been seen as the most important aim in people’s career. It’s therefore not surprising that some people view ethical principles as secondary in importance to financial success. As a result, business scandals happen over and over again in the modern society. Such ‘ethical marketing’ in the midst of these scandals is criticized by a […]

Model84 MODULE 3 Strengths and Weaknesses of Port Management Models Public Service Port Strength: • Superstructure development and cargo handling operations are the responsibility of the same organization (unity of command). Weaknesses: • There is no role or only a limited role for the private sector in cargo handling operations. • There is less problem solving capability and flexibility in case of labour problems, since […]

Leadership is different than management. It is the art of getting people to move together toward a goal they don’t realize. Leadership and management are two concepts that are often used interchangeably. However, these words actually describe two different concepts. Managers think incrementally, as leaders think radically. Managers are trained to do things right, while leaders are qualified do the right thing. This means that […]

Cross cultural training as one of the greatest managerial challenges of globalization is the heart of human resources management in the public sector. The author’s main advocacy is that of encouraging the public leaders to “assume the responsibility for creating new models of management systems” (Hill, Charles 2004). As an effective answer to the challenges of globalization, the author believes that the world is in […]

Management accounting is concerned with providing information to the managers who control the operations within the organization. Unlike financial accounting which provides information to the external stockholders, management accounting provides information to the employees within the organization. As a result, management accounting does not have to follow any hard and fast rules. In the case of financial accounting, there are the generally accepted accounting principles. […]

IND Direct have relatively low cost and unique business model due to which they are able to maintain its operation effectively. It elaborates its prevailing features of the companies processes and using exclusive business model, it will help to assist in making recommendation to attain company’s common objectives, brief analysis of ING Direct’s business operation are as follows: By following the model above helps to […]

| |Case Study: | |The Comparative analysis of LawrieTech. com and Coca-Cola | |Company | | Contents Introduction 3 Question 4 Teamwork and Teamworking 5 Organisational Design and Structure 9 Organisational Culture 14 Conclusion 17 Reference 18 Introduction LawrieTech. com is one of the software engineering companies in Scotland, which is developing and supplying software system for controlling electricity supply. LawrieTech. om has 240 employees […]

Since the company’s main objective is to maximize profit, a planning and control system is essential. Firstly, a strategy that best satisfies the objectives of a company has to be selected. Secondly, the decision has to be implemented into a planning process. Therefore, a budget that relates to the entire activity of a company and to forecasted future revenues and expenditures has to be prepared. […]

1. Introduction to Participative Management: Participative Management refers to as an open form of management where employees are actively involved in the organization’s decision making process. Participative Management can also be termed as ‘Industrial Democracy’, ‘Co-determination’, ‘Employee Involvement’ as well as ‘Participative Decision Making’. The concept is applied by the managers who understand the importance to human intellect and seek a strong relationship with their […]

This Value Management and Value Engineering (VM/VE) Study Report summarizes the benefits of various proposals for a strategic level Value Management process followed by Value Engineering Study in order to obtain a better Value for Money (VFM) for any projects. This report is prepared specially for our Client M/s. SBEinnovations Ltd for the construction of the Mixed-Use Recreation and Commercial Centre Project. Value Management and […]