...Henry Fayol, a French industrialist, developed the theory of management. According to him, managerial excellence is a technical ability and can be acquired. He developed theories and principles of management which are universally accepted and make him universalistic. He was pioneer of the formal education in management. Fayol's principles of management meet the requirements of modern management. Henry Fayol, offered fourteen principles of management for the first time in 1916. During the period of 1920-40 in the U.S. many authors did hard work in developing and testing various principles of management. Today, there is a very lengthy list of management principles and it is not possible to give an exhaustive lot of these management principles. Here, we are giving some important principles of management. Henry Fayol's Principle of Management Followings are the 14 principles of management developed by the Henry Fayol: 1. Division of Work: According to Henry Fayol under division of work, "The worker always on the same post, the manager always concerned with the same matters, acquire an ability, sureness and accuracy which increases their output. In other words, division of work means specialization. According to this principle, a person is not capable of doing all types of work. Each job and work should be assigned to the specialist of his job. Division of work promotes efficiency because it permits an organizational member to work in a limited area reducing the scope of his...
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...Henri Fayol (Istanbul, 29 July 1841 – Paris, 19 November 1925) was a French mining engineer, mining official, creator and chief of mines who created general hypothesis of business organization that is frequently called Fayolism. He and his associates built up this hypothesis freely of logical administration however generally contemporaneously. Fayol was conceived in 1841 in a suburb of Istanbul. His dad (an architect) was in the military at the time and was selected administrator of attempts to manufacture Galata Bridge, which spanned the Golden Horn. The family come back to France in 1847, where Fayol moved on from the mining institute "École Nationale Supérieure des Mines" in Saint-Étienne in 1860. In 1860 at nineteen years old Fayol began...
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...The company I currently work at is called Airserv Corporation. It is a service based company that provides JFK Airport and other airports worldwide, wheelchair services, food services, check-in services, and a multitude of others based on the contracts signed by airlines. One of the communication concepts that I have seen since working here has been that they are very prone to the administrative approach in this organization (Hynes, 2010). The organization I work for is managed very administratively with a chain of command and a great deal of organization but it lacks the communication and employee relationship that is necessary to maintain good business and communication. The managers are very focused on a couple of Fayol's principles. Let me go into depth here on exactly what I'm referring too to give you a better understanding. There is a division of work at my company, as defined by Fayol's principles. Workers are assigned locations and are limited to these "zones" where they are to stay during the duration of their shifts. The authority principle is also evident (Hynes, 2010). My managers tend to go after the authoritative stance on many issues we have faced at Airserv. They are quick order things that are necessary to keep the day "running smooth" and they have gained a greater deal of authority based on their skills and experience in the field of work that their employees are needed in. Another principle of Fayol's that my company has exhibited is how subordinate individual...
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...Administrative Principles The fourth major theory of management thought is called administrative principles. This is the third and final subset of the classical perspective. Henri Fayol, a French mining engineer was a major contributor to this theory of being “focused on the total organization” (Daft & Marcic, 2015). In a scholarly article, called Henri Fayol's Centre for Administrative Studies, it talks about Fayol’s belief in management being a part of every aspect in your life, from the home to work and even a part of government (Breeze, 1995). Some of the principles of management introduced by Fayol include the unity of command, division of work, unity of direction, and the scalar chain (Daft & Marcic, 2015). These principles have been...
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...that people should not underestimate themselves for human beings are adaptable and resilient. When you think about it, management has come a long way since the ancient era. From the time of Aristotle, who had laid the foundation for many management concepts, to medieval European guilds that functioned as modern-day quality control to ensure fine craftsmanship- the act of planning, organizing, and motivating resources was modified and adapted into what we know as management today. With the help of many modern management contributors like Frederick Winslow Taylor (founded Taylorism) whose theory of management that analyzes and synthesizes work flows. Taylor’s research is still heavily revered to this day. Another important figure is Henri Fayol, the father of the school of Systematic Management, who introduced to the world his 14 basic principles of management which is one of the earliest theories of management...
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...“To Autumn” It has been postulated that John Keats composed his poem, “To Autumn” after a stroll he had on an autumnal evening near the town of Winchester in Hampshire England. This poem is an ode in which Keats adeptly uses formal language, highly vivid and effective images along with the use of personification to describe three different aspects of autumn: its fruitfulness, its labour and its ultimate decline. Undoubtedly, Keats poem, “To Autumn” is a subtle and sophisticated one. Evidently, the title of the poem is different from that of other odes. Normally, an ode’s title begins with, “Ode to…” which provides a hint to certain characteristics of an ode; that is, being dignified and serious. However, the title of Keats, “To Autumn” suggests a less formal form of poetry and hints at intimacy. The level of intimacy is evident especially in the first stanza of the poem in which the sun and autumn is seen conspiring to bring about fruitfulness. Additionally, on the surface the poem seems like a mere description of the main characteristics of autumn’s human and animal activities, but can be interpreted as much more than that. Keats “To Autumn” consists of three stanzas corresponding to the classical divisions of strophe, antistrophe and epode. Each of the stanzas has eleven lines with variable rhyme scheme. The first stanza has a pattern of ABABCDEDCCE, while the second and third stanzas have a pattern of, ABABCDECDDE. However, there is uniformity in the first four lines of...
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...2056 TA S TAT E B A N K O F I N D I A RECRUITMENT OF PROBATIONARY OFFICERS IN STATE BANK OF INDIA (DATE OF WRITTEN EXAM : 28.04.2013) INFORMATION HANDOUT Central Recruitment and Promotion Dept., Corporate Centre, Tulsiani Chambers, 1st Floor, ( West Wing), 212, Free Press Journal Marg, Nariman Point - Mumbai 400 021. INTRODUCTION This Booklet gives you detailed information about the objective type Competitive examination for recruitment of Probationary Officers in State Bank of India. This post was advertised in the Employment News/Rozgar Samachar issue dated 9-15 February, 2013 and on the Bank’s website www.statebankofindia.com and www.sbi.co.in. The terms and conditions, period of probation, emoluments etc. were given in the advertisement. You should ensure that you are eligible in respect of age, educational qualification, nationality as stipulated in the advertisement. Details of tests are given ahead in the booklet. 1. 2. 3. GENERAL INSTRUCTIONS Particulars to be Noted : Please note carefully your Roll Number, Registration Number, date, time and venue for the examination given in the call letter. Punctuality in Attendance : Candidates should be present at the examination hall at the time given in the call letter. Candidates arriving late will not be permitted to enter the Examination Hall. Call letter to be Surrendered : Affix firmly a copy of your recent passport size photograph in the space provided for it in the call letter and bring it with you alongwith...
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...following on social networks and life satisfaction. Two different studies were conducted. The first studied the scale, scope, and nature of envious emotions related to Facebook use. The second study observed the role of envy and how it affects passive following on FB and life satisfaction. 584 Facebook users took online surveys, answering questions regarding emotions experienced while on and after using Facebook. Researchers asked open and closed-ended questions. The first question asked participants how they felt after they used Facebook. Researchers found that 46% of the sample reported positive feelings and the majority of negative emotions (36.9%) were boredom, anger, frustration. Envy was at the bottom of the list with only 1.2% of users admitting to it. The experimenters believed that people were reluctant to admit to being envious as it is socially unacceptable to envy others. The second question was asked as a general question rather than a direct question; what causes others to feel frustration on Facebook? Envy was the most frequent answer as 30% of the sample attributed envy as the cause of other people’s frustration. Question three was also worded as a general inquiry; what causes other people to feel envy on Facebook? Travel and leisure posts were linked to envy on FB (56.3%), social interaction was the second highest at 14.1%. The study found that envy is the mediator between...
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...Presentation: 1. Strategy – understanding your audience and its needs. 2. Structure – preparing your content. 3. Support – making sure you have sufficient evidence. 4. Style – delivering the material confidently and appropriately. 5. Supplement – calming the nerves by being well prepared for key questions and arguments. Formulate Your Strategy common purposes include: To motivate. To inform. To persuade. To demonstrate. To teach. Action: Think about a situation where you have in the past (or might in the future) needed to present to people, persuading them to take a specific action. Fill in the Presentation Strategy Triangle on the next page. answer these questions: What is the subject of the presentation? Write the subject in one sentence or less. What is the general purpose of the presentation? Is it to persuade, inform, teach, motivate? What is your specific purpose? Use the following questions to guide you: What do you want the audience to learn? What behaviors or attitudes do you want the audience to adopt? How do you want the audience to feel afterwards? What are the next steps once the presentation is finished? Also, when you answer these questions, think about your audience: Who are they? What are their skills, and how do you think they’d want information presented to them? Are they likely to like or dislike statistics, formulae, pictures, quotes, processes, diagrams, cartoons…? What do they passionately care about,...
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...To begin with Willy is not successful yet he embodies his definition of success. For example on page 57 when Linda is telling her boys how irresponsible they are she says, “He (Willy) has to go to Charley and borrow fifty dollars a week and pretend to me that’s his pay for the week.” This quote explains how Willy is not successful and deep down, he know it. Willy believes success is based off of how well you are liked and he is well liked in general terms, but this quote from the book clearly shows that Willy is not successful yet he is “well-liked.” Another example that suggests the thought that being “well-liked” does not get you places is Bernard. He is not well-liked yet he is the more successful one in the book. On page 33 when Willy is talking to his boys outside he asks, “Bernard is not well liked?” His boys tell him that he is not and Willy follows up with, “Bernard can get the best marks in school, y’understand, but when he gets out in the business world, y’understand, you are going to be five times ahead of him.” Willy is telling his boys here that since they’re well liked they will succeed because that is the only way one can be successful. This is an incorrect thought because Bernard is not “well-liked” yet he is currently smarter and more achieved. In opposition to these, one could argue that on page 33 Willy is saying how his boys will be more successful than Bernard in the business world. On page 22 when Biff and Happy are reminiscing Biff states his happiness...
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...We all know love. We have all loved in some kind of way. We love our parents, significant others and even our friends. But we can also love other things like animals or material things. But what is the difference between loving and liking? And is it better not to love and feel pain or to love and be hurt in the progress? Jonathan Franzen seeks to answer these questions in his essay “Liking Is for Cowards. Go for What Hurts”. The essay “Liking Is for Cowards. Go for What Hurts” is, as mentioned, written by Jonathan Franzen and published in The New York Times, May 28, 2011. Jonathan Franzen is born in 1959, and he is an acclaimed American novelist and essayist. The essay is based on the commencement speech he delivered at Kenyon College in Ohio, USA. “Our technology has become extremely adept in creating products that correspond to our fantasy ideal of an erotic relationship, in which the beloved object asks for nothing and gives everything, instantly. (…)” As Franzen claims in his essay, many people can feel like they love their technological object. It gives them a satisfaction, which human interaction maybe wouldn’t. Franzen however thinks, that people in general don’t love material things: they like them. There is a major difference between loving and liking – even though it might appear small. “Liking, in general, is commercial culture’s substitute for loving.” Products are made to be likeable, but if that concept in transferred to a person, you would instantly see...
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...surrounding area as the focus for your paper, and ask who is the individual there who holds the position you wish to research. 3. Identify an appropriate individual; (not a relative, a professor or another student) who holds an HR position with responsibilities in the area you are researching. Don't be timid about asking - companies are usually very receptive to students. Schedule a 20-30 minute interview with them. Don't wait until the last minute for this - interviews sometimes must be rearranged to accommodate travel schedules, emergencies and other priorities - give yourself plenty of leeway! 4. Develop appropriate interview questions. The questions must be in written form and a copy of your questions will need to be attached to your paper as an appendix. You'll probably want to read up on your subject before you formulate the questions. Many of your questions should center around the career path that the individual has followed to get them to their current position and the duties that make up their day. 5. Conduct your interview with your subject, and analyze your interview results, comparing the information you obtained to the expectations you had going into the interview. 6. Prepare a typed, double-spaced paper (no less than five full 12 font pages and no more than seven)...
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...Checkpoint Week Two Incident 2-2: Bad Times at Quality Shoe I think that Mack’s approach to the problem seems like he is asking Ralph and the other 16 employees to come up with ideas so that he doesn’t have to worry about what could be done. He should be there at the meetings that Ralph and the other employees have so that he can answer any questions they may have. Also he could do some brainstorming with them to help come up with ideas too. It would be a great comfort to Ralph and the other employees knowing that Mack is there to help and answer any questions that might arise. It would give them moral support in a way that it would show them that Mack is really trying to help and not put his job off on Ralph. If it were me I would call the employees together and hold a meeting like Mack wants. The only difference is that I would attend the meeting so that I could give my own ideas and so that the employees could ask me questions. Together we could come up with ideas so that the company might see that they would not have to lay off people at that time. We could present the idea that there could be pay cuts or some procedures that the company does might be discontinued if they are not necessary. If Mack doesn’t think that any of the ideas that the group come up with are not of any use, then I believe I would cut production by seniority. Employees seem to go with that idea better than any because they understand that they were hired last and the...
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...com/solutions/sapbusinessobjects/customers/index.epx. Now this site deals solely with SAP Business objects. Here my objective is to choose between one and three of these solutions of a module and create a 2-3 page report on. A few of the questions that I will briefly but clearly explain are what do I think of the purpose of the tool represented? What do I think can be learned from these tools? In what situations do I think these too would be useful? How can or could I apply these tools in my organization, career, or personal life? And last but not least my overall evaluation of the tools mentioned? Purpose The purpose of the SAP business object is for the NCIS is to have the opportunity to track all criminal activity in real time, identify crime trends, and allocate resources effectively. NCIS also uses this software to report to the U.S. Congress and justify funding. The next question asked was what I learned from these tools? A few of the items that I learned that I thought could not be possible was how amazing how this tool provided NCIS the opportunity to become proactive. NCIS went from solving crimes to actually preventing, investigating and solving them before they actually happen. The other question that I was asked to discuss was how I think that this tool would be useful. According to Ofelia Perotti, who is a analytical cell division chief at NCIS. She states within this article that “Congress allocates...
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...Julia’s Food Booth Kenneth W. Dayton Strayer University 11/25/2011 Math 540 Quantitative Reasoning Julia Robertson is a senior at Tech University and wants to find a way to make extra money to finance her final year at school. She is considering leasing a food booth outside the Tech stadium during home football games. Julia knows the games sell out and the crowd eats a lot of food. Julia has spoken with Ken a consultant and has agreed to investigate her leasing a food booth. Ken will look at the following items to determine if it is a good decision. The first item is creating an L.P. model (linear progression) to help understand the constraints and how to maximize her profit. Julia was asking if she should borrow money from a friend so this will also be evaluated. Julia wants to hire friend to help her with the booth and she is uncertain about the impact of the model. By looking at the L.P. model Ken can determine her best course of action and if she should lease the booth. The first step is to create the L.P. model to determine an objective function. The objective function ken determines to use is Max Z= .75p+1.05h+1.35b which can be done by looking at the information available such as items being sold, how much those items cost Julia to buy, how much she plans to sell each item for, looking at how one item can sell as much as or more than another item. Julia wants to sell Pizza, Hot Dogs, and Bar-B-Q sandwiches. Julia is going to have a Pizza company deliver a 14 inch...
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