Understanding economic growth, And why is it so important? This article presents the data and research to make progress against the world’s largest problems. This post draws on data and research discussed in our entries on Income Inequality, Global Extreme Poverty and Economic Growth. Good health, a place to live, access to education, nutrition, social …
In this article we will examine (a) what researchers and managers in R&D company do, and (b) the way we can tell how well they do it. We will also discuss the need for focusing less on “appraisal” (evaluation, judgment) and more on employee contribution to the company. Accepted wisdom would suggest that for a …
Which styles of leadership bring out the best performance in a company, department, team, or project? Finding the perfect way to manage knowledge workers remains elusive. The study of leadership, however, has proposed a variety of approaches. Some researchers have spent a good deal of time observing the behavior of groups and the emergence of …
Managerial economics applies economic theory and methods to business and administrative decision making. Managerial economics prescribes rules for improving managerial decisions. Managerial economics also helps managers recognize how economic forces affect organizations and describes the economic consequences of managerial behavior. It links economic concepts with quantitative methods to develop vital tools for managerial decision making. …
Organizing is the development of the company resources to achieve strategic goals. The deployment of resources is reflected in the company division of labor into specific departments and jobs, formal lines of authority, and mechanisms for coordinating diverse company tasks. Organization structure The organizing process leads to the creation of organization structure, which defines how …
Goals determine a substantial amount of human behavior. Motivation to achieve these goals is a major factor in a business company and in any organizational effectiveness. For these reasons we devote a full post to this topic to show the relationship between individual goal and company goal and how does motivations take place through it. …
The basic elements required for a business company to develop are (1) people, (2) ideas, and (3) cultural elements. These three basic ingredients have to be coordinated with skill by the management of research and development in a business company in order to achieve high productivity and excellence. In this lesson we will cover some …
Continue reading ELEMENTS NEEDED FOR A BUSINESS COMPANY TO DEVELOP
TANZANIA INVESTMENT AND CONSULTANT GROUP LTD 