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Luthans (1988), on the basis of his study, found that all managers engage in four managerial  activities. 1. Traditional management — This a...

Risk can be classify as objective or subjective. Objective Risks   Assume that an insurer has 100000 cars insured for a long period of time,...

There are five basic methods that can be used to manage risk:   1. Risk Avoidance Risk can be managed by simply avoiding it. Residential ris...

It’s getting very hot at PayPerPost. A few months ago, when I first heard of them, their system was slow and lagging. Over the months, I hav...

The Central Provident Fund (CPF) is Singapore's pension scheme set up in 1955 to provide financial security for workers in their retirem...

Organizational behavior (OB) is a field of study that investigates the impact that individuals, groups,  and structure have on behavior with...

This chapter has discussed theconcept of the small group and has illustrated the importance of the smallgroup within the broader topic of or...

Managerial Roles According to Mintzberg (1973), managerial roles are as follows: 1. Informational roles 2. Decisional roles 3. Interpersonal...

Make money online  is what many many people dream. The idea of  working online  gives us a lot of benefits such as the freedom of working at...

Second Life is a  3-D virtual world  entirely built and owned by its residents. Since opening to the public in 2003, it has grown explosivel...