Over the time, so many theories have been developed for managerial styles to establish and elaborate the right techniques used for managing organizations and institutions with different cultures and environments. These theories has evolved over time to support the dynamic changing of organizations, with the diversity in need and application. The most influential early approaches to management were developed in the early 1900, where the classical approach were inspired by Fredrick Taylor whose approach
The theory assumed that LDCs had different economic principles. The development theorists believed that the neoclassical economics were inapplicable to LDCs, because of their special conditions. For example, Arthur Lewis argued that less developed economies
regarding the obsolescence of a particular technology. New technologies are hitting the market at lightning speed so do the discarding of existing technologies is also faster which makes timing as a crucial factor for survival and winning in the business game. There are possibilities of suffering losses in revenues because of prematurely abandoning a product technology or waiting too long to abandon the existing technology and adopting a new technology because a customer can figure out a better
should reach all sectors of all countries. Corporate Social Responsibility (CSR) is now an important part in the global business strategy in which companies operate in a social friendly way where ever they do business. Corporate Social Responsibility also called as corporate conscience, corporate citizenship, social performance, or sustainable responsible business/ Responsible business aims to embrace responsibility for the company’s action and encourage a positive impact through its activities on the
providers of Pakistan. This group is also the 2nd largest shareholder of the insurance company EFU. Jahangir Siddiqui was Pakistani Rags to Riches Business Tycoon, who founded JS group about 5 decades ago. Overview: When most fourteen year old boys were flying kites or playing cricket in their spare time, young Jahangir Siddiqui was busy running his business as a distributor of Coca-Cola in Hyderabad. He also set up a swanky café in his father’s garage called Dreamland Cold Coffee Shop. Happily for
the major reasons for the increase in demand for hotel rooms in the country is due to the boom of information technology, telecom, retail and real estate .India's mounting stock market and new business opportunities are always been eye-catching for foreign investors and corporate travelers to look for business opportunities in the country. From 167 countries, today India has finally made its mark on the world travel