Abstract The purpose of the paper is to introduce the concept of knowledge management. It helps to find a link between business consulting and knowledge management. It also focuses on need of knowledge management for consultants and how they can implement it. Further the paper elaborates the advantages of using knowledge management. It also includes the views of some of...
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Abstract Working Capital (wc) is the flow of ready funds necessary for the working of a concern. It comprises funds invested in Current Assets , which in the ordinary course of business can be turned into cash within a short period without undergoing diminishing in value and without disruption of the organization. Current Liabilities are those which are intended to...
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Task: Despite the strong critics of scientific management, in the right circumstances the four [4] underlying principles still have relevance and much to offer to contemporary organizations. It is just that many reviewers appear reluctant to openly admit that this is the case’! What are your views? Where scientific management could be applied for the best overall effect? 1.0 Introduction...
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Introduction 1.1 Problem statement The relationship between management and trade unions are one of the most fundamental working relationships within South Africa's labour sphere. Yet, bargaining with South African trade unions can be quite a daunting task, as management continually protests against trade unions' obstinate actions and workplace disruptions within their organisation (Mash & Kremer, 2016). Researchers within the field...
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Abstract— One of the issues of the academic institution is knowledge management. How the academe disseminates information over the academic community on real-time and the availability of knowledge anytime and anywhere is a challenging task in every institution. The objective of this study is to bridge the gap between present and prior contexts of knowledge creation, sharing, or application by...
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1. Introduction “In the past, the man has been first; in the future, the system must be first…The first object of any good system must be that of developing first-class men.” by Frederick Winslow Taylor (Pg. No.7, Taylor, 1919). The experience of Taylor at the Midvale Steel Company led to the beginning of the scientific approach in management. When employed...
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Abstract One of the most dramatic and significant world trends over the past 2 decades has been the rise and sustained growth of international business. Internet has truly elevated the growth of international businesses allowing both goods and services to cross borders to wherever they are needed. Companies such as Coca-Cola and most notably, with regards to this paper Black...
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Introduction [bookmark: _Toc23693773][bookmark: _Toc23694080]Working capital management is important because of its effects on the firm’s profitability and risk, consequently its value. Specifically, working capital investment involves a trade-off between profitability and risk. Some of organizations are still focused to enhance the financial long-term decision traditionally, instead of investment that firms in the short-term assets (Teruel & Solano, 2007). Some of...
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Introduction This section provides an overview of the study. It includes background of the study, statement of the problem, research objectives, and research questions, scope of the study, significance of the study and justification of the study. Conceptual framework and definition of terms are also included in this section. Background of Study The financial institutions like banks are the most...
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Explain and critically discuss the main tenets of the following Theoretical approaches in the field of public administration: (a) Classical/ Orthodox Public Administration approach, (b) Human Relations approach. The study of public administration provides many paradigms on administration, yet the Classical Public Administration approach and Human Relations approach stand out due to their striking contrast. Understanding the tenets of approaches...
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Introduction The need for Scientific Management arose when the evolution and evolvement of the world. Life always evolving so are new theories and perspectives in the world of Management, Business and the world of work revolutionized. Long ago at the bartering stages of life where people would trade crops and livestock we had more small farms and farming, now it...
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Abstract Purpose: The purpose of this paper is to synthesize Industry 4.0’s on knowledge management process and practices, and to explore the improvements that will arise from it. It also provides an idea of how to use approaches for enhancing the knowledge management process in Industry 4.0. The main objective is to highlight the role of the technologies that support...
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I Introduction 1.1 Background of the study In Ethiopia, in particular, in Amahara Regional State, textile and garment industries are the most potential areas for further development and job opportunities. Because of the large agricultural land for the production of cotton as the raw material source, Amhara Regional State should take advantages for further processing their raw material to finished...
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Abstract Management of working capital entails the management of the components of current assets and current liabilities. Prior evidence has also endeavored to established the relationship that exists between working capital and the efficiency of companies. Therefore, this research study examined the effects of working capital management on commercial banks’ efficiency for two different countries. For this study, Zimbabwean and...
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Abstract: - As we all know working capital management is a very important to any business since it can lead to increase the value of the business. This study will analyse the working capital management of the Raymond and Vardhman textile limited and try to conclude that which company is better in terms of the working capital management. This study...
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Introduction Guinea, a West African nation with a strong agricultural backbone, is increasingly recognizing the crucial role of knowledge management (KM) in revolutionizing its agricultural sector. Knowledge management, defined as the systematic process of creating, sharing, using, and managing the knowledge and information of an organization, holds the potential to transform Guinea's agriculture by improving efficiency, productivity, and sustainability. Despite...
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The trend of globalization has induced fierce competition among business enterprises within domestic and international markets. The primary quest for the technologies is not limited to the strategic value of an organization but also empowers the organization's work context by utilizing its resources. The knowledge management process deals with the extraction of both implicit and explicit knowledge of the organization...
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1.0 Introduction In this essay, it is going to mentioned the organizational performance management and measurement subjects of Volkswagen company by using several approaches such as marketing, human resources, financial and organisational structure and some measurement techniques to analyse companys’ todays placement and comparing over ten years period in the automotive industry. In this sector is going to change in...
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Honda Company Introduction and Products Manufactured: Honda company produces products of high quality, at reasonable cost worldwide for the satisfaction of the customers. It is the third largest automobile company in the world. Now it has also introduced products for agricultural, industrial and domestic purpose. Soichiro Honda and his partner Takeo Fujisawa are the founders of this company. Both of...
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Review of Literature This section explores selected journal articles in relation to the research objectives outlined in the introductory part of the research paper. The articles are critically reviewed to determine the key components and factors in forecasting, the forecasting techniques and models discussed, proposed and applied and the challenges of implementation in warehousing forecasting demand management. Furthermore, the research...
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1. Mutual fund flow-performance relationship There has been extensive analysis regarding the flow-performance relationships across a broad range of funds since the 1990s. Ipolito (1992) examine the relationship between investor fund allocation decisions and past performance of mutual funds. Using a large span of data from 1965 to 1984, the author discovers that investors react to new information regarding product...
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The Role of The Manage Abstract This report will describe and justify the concept of the managerial escalator, the managerial hybrid concerning two managers from developed countries and determine the extent to which it is adopted in their career path. The theories are expounded in the report as established by “Rees and Porter”. In addition, this report interprets the findings...
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1. Introduction Management is the process of getting things done through people as defined by Mary Parker (1941). Henri Fayol (1916) identified the elements of management which are to forecast and plan, organise, command, coordinate and control. The key objective of this report was to interview two different managers to examine the extent to which the career paths of these...
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The Professional Manager Section 1 Tesco is multinational operating grocery and general merchandise retailer in the UK, which was established in 1919 by Jack Cohen. It’s headquartered in Cheshunt United Kingdom, it’s the third-largest retailer in the world. Tesco has stores in 14 countries across Asia, Europe, and North America, they operate about 7000 stores around the world. In UK,...
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Executive summary. This report tends to analyse General Motors, one of the most important automotive company of the past century, from 1980 to 2010. This essay demonstrates, analyse and understand the important changes that took place at General motors during the financial crisis of 2008 and tends to explain their nature and impacts on the company and its stakeholders. To...
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Section A: Importance of accounting information in managerial tasks Planning- accounting information helps in business planning for long term and short term. It helps to make plan before business operation. Previous accounting information tells that where and how they can improve it in the future. Budget- Business managers often use accounting information to make budget for the company. They can...
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If change equals growth, then we will always want our company to be changing and thus growing. As the project manager of a new initiative in our company, I am proposing that we are in need of a change manager. If the company will choose to invest upfront in a change manager there will be many benefits in the long...
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Servant leadership and followership play a big fundamental factor in the Army’s structure today. They both coincide with one another in the process of leadership development. It is almost impossible to have one without the other. They both consist of many of the same traits, but some key similarities are trust, respect, and adaptability. Even though they both are compelled...
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The person who applies science, mathematics, economics, social and practical knowledge to, design, manufacture and maintain buildings, materials, machines, chemicals, electronic devices, software and etc can be called as Engineers. Engineering which is a branch of science; always cares about the applications. So hazards are very common in this engineering field. Each engineering fields has different types of hazards. Many...
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The footprints of effectual, efficacious leaders have always marked history. The Royal Air Force itself was founded on the vision of two notable 20th century leaders, Jan Smuts and David Henderson; both of whom imagined a force capable of exploiting the full range of possibilities of an aerial realm to ensure the fulfilment of objectives. Yet with the growing prominence...
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