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Milton Friedman offers two sets of justification for his claim that the responsibility of managers is simply to maximise profits: one set of justification is distinctively moral, where the concern is for how managers use the property shareholders; the other set is economic, focusing on how acting selfishly leads to optimal market behaviour. Interestingly, Friedman argues that the economic set of justification also has a moral flavour -- optimal market behaviour is in everyone's best interest!
In your opinion:
(1) Do you think that optimal market behaviour actually depends on economic agents acting purely in their own self-interest?
(2) Would you be willing to give up optimal market behaviour for the sake of ensuring that people act more altruistically or in line with what's morally right?
Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.
Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.
Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..
Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..
Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.
Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.
Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.
The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.
FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.
People in the organization are known as Google where they share common goals and have common vision.
Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.
This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.
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