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denfine the following managerial principles
- Workplace Organization.
- Authority and accountability must be balanced.
- Discipline.
- Command cohesion.
- Directional consistency, etc
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- how does managerial economics help the manager in decision making and Forward planning?Organisational Behaviour Select a company on your choice that undergoes organisational failure in last year (2021). Describe what the failure is, and what did the company do to recover. Require about 300 wordsAn understanding of all of the following can help managers more effectively interact with colleanues, peers and co workers except profit maximization Obgroup dynamics O organizational culture caIndividual differences
- Make essay/report for organizational behavior class. Explain and describe what is organizational behavior and why we need it; Explain implications of demographic and cultural diversity for organizational behavior; Explain the challenges of managing a multicultural workforce; Explain person–job fit and work behaviors ; explain person–organization fit and work behaviors. Describe the link between values and individual behavior ( Big five personality traits; meyers-briggs type idicator); Explain work attitudes that affect work behaviors. List the key set of behaviors that matter for organizational performance; Explain the role of motivation in determining employee performance. Explain how to increase the motivating potential of a job, understand why goals should be SMART; *** Include real-world examplesQUESTION 3 A first step in determining managerial objectives is to: eliminate agency problems. select an appropriate capital structure. serve the needs of the customer. develop appropriate compensation policies.Review and reflect on the major topics in this course that address the various aspects of the industry: 1. Demand and elasticity 2. Supply and market equilibrium 3. Economic efficiency 4. Pricing 5. Types of competition . Write a research paper based upon a current event. It can be from the list above or can be from a different aspect of managerial economics in actual current events that was discussed or researched in this course. Thoroughly research your topic or issue to identify trends, examine managerial economic principles and standards, make judgments, and prepare recommendations or solutions. Be sure to explore issues of diversity and ethics as related to your topic or issue.
- You have been hired as an HR consultant to help implement a high-performance work system at a large firm. To date, you have discussed the need for change with employees and explained strategy and the vision of the future. What should you do next? O Perform a process audit. O Allocate resources. Engage senior management. Tie the HPWS to performance. Use your knowledge of high-performance work systems to answer the following question. You have been hired as an HR consultant to monitor and evaluate a high-performance work system that has been in place for two years at a large firm. What are the best questions to include in your process audit? Check all that apply. Is the organization more competitive than in the past? What is the employee turnover rate? What is the overall satisfaction rate of employees? Are employees being treated fairly so that power differences are minimal?ich of the following internal factors can expand existing challenges or simply add more constraints to an organization's selection strategy? Multiple Choice labour market realities organizational policies organization's life cycle stage job requirements calibre of employeesWhich of the following goals are concerned with creating and maintaining employee and customer satisfaction and social responsibility. Select one: a. noneconomic b. economic c. public relations d. welfare