Assumptions that form the basis for this argument in an Organisation

Essays
Assumptions that form the basis for this argument in an Organisation !There are many situations which suddenly come up as ill-structured problems which are unlikely to be solved by a single individual. In such situations, the manager may assign the problem to a group of experts for recommendations; it is often argued that groups can make higher quality decisions than individuals. Image Source: blog2.ecoastsales.com ADVERTISEMENTS: According to Gary John, there are three assumptions that form the basis for this argument. These are:1. Groups are more “vigilant” than individuals:Because of natural constraints, any single individual cannot look at all possible angles of a complex problem and thus he may miss an important aspect of the issue. But if there are more members looking at the same problem, then it is more…
Read More

Essay on the Causes of Conflict in an Organization (1341)

Decision Making
Essay on the Causes of Conflict in an Organization!Basically, the causes of conflict fall into three distinct categories. Accordingly, most of these causes can be restructured and placed into one of these categories. Image Source: johnmurphyinternational.com ADVERTISEMENTS: These categories deal with communicational, behavioural and structural aspects. 1. Communicational aspects of conflict: Poor communication, though not reflecting substantive differences, can have a powerful effect in causing conflict. Misunderstood or partial information during the process of communication can make the difference between the success and the failure of a task and any such failure for which the responsibility becomes difficult to trace can cause conflict between the sender of the communication and the receiver of the communication.Thus the problems in the communication process, whether these problems relate to too much or too…
Read More

Essay on Decision Making (516 Words)

Decision Making
Essay on Decision Making (516 Word’s)!In most instances, it is not possible for decision makers to accurately predict the consequences of an implemented alternative. This is partly due to the dynamics of the environment. Image Source: inspiringgenerations.org ADVERTISEMENTS: The more complex the problem and more dynamic the environment, the higher the degree of uncertainty in predicting the outcome of a decision. In general, there are three different conditions under which decisions are made; these are (1) complete certainty, (2) complete uncertainty, and (3) risk. i. Decisions under certainty: This is the simplest form of decision making. The condition of certainty exists when decision makers know exactly what the outcome of each alternative will be. The decision maker would simply select the alternative which has the best outcome. If the number…
Read More

Essay on the Managerial and Business Ethics (1930 Words)

Business
Essay on the Managerial and Business Ethics (1930 Words)!Over the centuries, businessmen have been perceived as ruthless, profit oriented people, whose primary purpose was to make money with little respect for the welfare of the people whom these businesses served. Image Source: disabledveterans.org ADVERTISEMENTS: This is especially true in underdeveloped countries where big businesses wield tremendous power over government and society. In India and Pakistan, for example, there are millions of people working as “bonded labour”, where workers have absolutely no freedom. They cannot change or leave their jobs.They are paid minimum and are exploited fully. Because of monopolized industries in some of the developing countries, materials of sub-standard quality are deliberately produced without proper regard to the interests of the community around. The hoarding of grain, cement and other…
Read More

Essay on the Industrial Revolution in the United States of America

Accounting
Essay on the Industrial Revolution in the United States of America!Somewhere in the middle of 1800s, the emphasis in America shifted from agrarian society to industrial society. The steam engine developed by James Watt in England and perfected around 1788, came to America soon after. Image Source: blogs.loc.gov ADVERTISEMENTS: It provided cheaper and more efficient power and it allowed factories to produce more goods at cheaper price, increasing the market for such goods. It replaced water power so that new factories could be located anywhere instead of only near rivers.At about the same time, the growth of transportation began with the railroad industry so that by 1860, there were over 30,000 miles of railroad track. By providing rapid movement of raw materials and finished goods, the railroads were responsible for…
Read More

Essay on Product Quality Control! (492 Words)

Management
Essay on Product Quality Control! (492 Words)!Product quality is the degree to which the product conforms to the design specifications. The closer the conformance, the higher the degree of quality. Conversely, if the product deviates significantly from design specifications, then the output is of poor quality. Image Source: principalforensicservices.com ADVERTISEMENTS: The quality must be designed and manufactured into the product. The company must monitor the quality of incoming materials, goods in process and finished items to ensure the quality of the product produced.The quality control system is a system of coordinated activities that ensures that the finished manufactured product will not deviate from the set standards and specifications that are based upon the expectation of a typical customer.Quality control can be defined as, “the systematic control of those variables which…
Read More

Essay on the Quantitative Approach to Management (666 Words)

Decision Making
Essay on the Quantitative Approach to Management!This approach emphasizes the use of mathematical techniques and models in solving many complex management problems. These quantitative tools and methodologies, known as operations research techniques are designed to aid in decision making relating to operations and production. Image Source: iaitqm.org ADVERTISEMENTS: The basic contention of this approach is the premise that if managerial and organizational operations and decisions are based on a logical process, then these may be expressed in terms of mathematical symbols and relationships. According to Lindsay, these techniques assist the management for improving the quality of their decisions by:a) Increasing the number of alternatives that can be considered.b) Assisting in faster decision making based upon objective analysis of available information.c) Helping management in evaluating the risks and results of different…
Read More

Essay on the Comparative Management (504 Words)

Management
Essay on the Comparative Management (504 Words)!Comparative management is defined as the study and analysis of management in different environments and the reasons that enterprises show different results in different countries. It is the study of how organizational behaviour and management practices differ across cultures. Image Source: allbusinessideas.net ADVERTISEMENTS: The study looks for universal principles of management that can be successfully applied to all establishments as well as the differences that have considerable impact on management practices that are unique to a given country.There are some comparative management philosophers who believe that the world is becoming smaller and uniform because of education, technology and pragmatic thinking”. There are other scholars who are convinced that the world will remain diverse because of deep-rooted cultural inertia, strong religious code of conduct, different…
Read More

Essay on the Duties of an International Manager

Decision Making
Essay on the duties of an International ManagerSince the world is becoming a “global village” and MNCs are becoming a way of business life in practically all countries, a manager must have proper orientation towards “foreign people, ideas and resources.” Three categories have been proposed for classifying managers according to their international orientation. These are ethnocentric, polycentric and geocentric. Image Source: www.dac-intl.com ADVERTISEMENTS: “Ethnocentric managers” are home country oriented and apply the organization’s domestic policies and practices to its overseas units. Decision making is centralized and the headquarters based in the home country provide direction for the entire organization regardless of the geographical location.Even though, it is simple in application, it is not workable in all types of environments. For example, in America, if a company is not doing well,…
Read More

Essay on the Reinforcement Theory of Motivation (823 Words)

Decision Making
Essay on the Reinforcement Theory of Motivation (823 Words)!The reinforcement theory of motivation shifts the emphasis from employee’s underlying needs and thinking processes and focuses on the relationship between behaviour and consequences. The theory rests on two premises. First, that the environment is an important catalyst in determining or reinforcing behaviour. Image Source: i.ytimg.com ADVERTISEMENTS: If the environment is complementary to established behaviour, then such behaviour is positively reinforced. On the other hand, if environment is hostile to the values and skills of the worker, then negative reactions take place. Second, human behaviour is subject to “cause and effect” phenomenon so that effects can be predicted on the basis of established causes and that behaviour can be changed by manipulating the consequences. Operant Conditioning: Based on the work of B.…
Read More