Indeed, the role of the consumer is so significant that organization have create a separate scale to determine customer orientation. A apparent focus on explicit goals has been confirmed frequently to have a very strong relationship to actual success and achievement. Goal achievement is also facilitated when the goals of the organization's employees are "in line" or associated with one another and with the general goals of the company. The basic value or need to achieve support organizational achievement. That is, when company employees share the values that it is essential to be doing and achieving, this will facilitate the organization to achieve its goal.
It is defined as the ‘long term prosperity and survival of the organization’ (Yulk, 2013). Its survival on the market is determined by its ability to adapt (by updating and improving) to volatile environments, and to have an efficient relations performance and Human Resource Management. OP is also influenced by the flexible leadership theory, that focuses on the leader’s direct influence on the individual and groups by using: task oriented behaviour to improve efficiency and process reliability; relation-oriented behaviour to improve human relations and human resources; and change oriented behaviour to improve innovation and adaption to the external environment (Yulk,
Origin of POB: Positive organizational behavior was initiated by Martin Seligman in 1998 and Fred Luthans is investigated in 1999 and discovered the theory of positive organizational behavior. The main aim to to change employees mental Illness to mental strength. He defined it as “the study and application of positively oriented human resource strengths and psychological capacities that can be measured, developed, and effectively managed for performance improvement in today’s workplace”. The following two category will separate POB from the positive approaches. The aspects are a) The capacity must be theory and validly measurable b) the capacity must be state-like ( open to change and development) demonstrate performance.
The benefits of supply chain sustainability are immense, (Accenture.com, n.d.) There are top companies who are able to use dedicated strategy across the processes; system and governance are able to forge ahead of the competition. They are able to achieve supply chain sustainability by procurement strategy as explained below: Evolving procurement
Recognizing the critical importance accurate and complete spend data has on the value of their own solutions, several e-procurement and e-sourcing platform providers are boosting their spend data management capabilities by acquiring spend data cleansing and classification applications or developing or partnering for spend data management services – or both. Other business service providers, such as procurement service providers, financial services firms, and consultants, are making similar investments to bolster their spend data management capabilities and
Human capital development have a strong relationship with strategic planning process. In an organization, human capital development on strategic planning process can consider as a main tool for influencing and shaping attitudes, skills and behaviour of the individuals in their duties and jobs. With a proper management on human capital development, they are able to create a new goods and services. Furthermore, it is a good concepts and specialized with strategic planning process and environment by giving a specific tasks due to the deliberations on the objectives. Hence, after the organization improve the management of human capital development on strategic planning process, the organizations are definitely have some breakthrough and progress.
Keller describes brand equity as the value adding element to the product. Brand equity is an extremely important concept for both practical and theory related reasons in brand building and its management. Brand equity has many dimensions and definitions for example favorable impressions, attitudinal dispositions, and behavioral predilections. Whereas the major dimensions of brand equity are brand loyalty, brand awareness, perceived quality of brand, and brand associations as told by Keller and Aaker in 1993 and 1996 respectively. One important agreement about the definitions is that brand equity is the actual incremental value of a product due to the brand name (Srivastava and Shocker, 1991).
Based on the stakeholder management perspectives that is; maximizing satisfaction, gives one ample reasons why these three criteria are more important than the others;_ In a project there are many stakeholders with different perspectives about the project deliverables, use and value added. These perspectives ranges from the project specific requirements and its acceptable quality related to the product and services produced which includes usability, requirements, modifiability, ease of use, and maintainability. These criteria are important because stakeholders satisfaction are mostly directly related to the project product, use and value contribution in that descending order. Therefore, maximizing the satisfaction of all stakeholder has to be the main objective of the project manager because these stakeholders especially the top managers would based their evaluation on the project more on the important criteria; to mention again; product, use, and value, and they would be the ones to determine if a project is satisfactorily completed or not by either accepting or rejecting it. This makes it imperative in order to succeed, project managers need to monitor the product and services of the project since it is a process-centric criteria throughout the lifecycle of a project and also evaluation
Half a defense of Positive Accounting Theory By Tutor: 21st April 2017 Abstract Positive Accounting Theory, abbreviated as PAT aims to examine the positive approach to accounting research as well as contrast accounting practices to Normative Accounting Theories. Academics view positive/scientific accounting as the total number of contracts the company has entered. Efficiency is a core driver of success when it comes to positive accounting. Normative accounting, on the other hand, tells policy makers what should be done based on the notional principle. PAT starts with specific policies and generalizes them to higher level principles while NAT starts with a theory and deduces it to specific policies.
Advertising has both forward and backward linkages in the process of satisfaction across the entire spectrum of needs. The explicit function of advertising is to make the potential audience aware of the existence of the product, service or idea, which would help them, fulfill their self-needs and spell out the