The Impact of Organizational Culture on Employee...

Generated by Foxit PDF Creator  © Foxit Software http://www.foxitsoftware.com For evaluation only. The Impact of Organizational Culture On Employee Satisfaction and Productivity 1 Generated by Foxit PDF Creator  © Foxit Software http://www.foxitsoftware.com For evaluation only. The Impact of Organizational Culture on Employee Satisfaction and Productivity Submitted to Emranul Huq Senior Lecturer School of Business United International University Submitted by Emam Hossan Noshin Riaz Shanaz Murshed Naz Abdul Halim Rubayia Rafi 111072049 111072090 111072161 111073090 111072036 Sec: B January, 2009 2 Generated by Foxit PDF Creator  © Foxit Software http://www.foxitsoftware.com For evaluation only. Certification†¦show more content†¦..........................10 Sources of Data Limitation ..........................................................................................10 Chapter- 2 Literature Review...............................................................................................11 Definition of Organizational Culture................................................................................12 Organizational Culture.................................................................................................13 Analyzing Organizational Culture....................................................................................15 Organizational Culture Profile .........................................................................................16 Type of Organizational Culture .......................................................................................17 Elements of Organization Culture........................................... .........................................18 Healthy Organizational Culture .......................................................................................20 Organizational Culture Questionnaire ..............................................................................22 What Is A Healthy Organizational Culture?.....................................................................23 Organizational Culture Perspective..................................................................................24 Definition of SocializationShow MoreRelatedDefinition Of Employee Job Satisfaction Essay1400 Words   |  6 PagesReview In management areas there are many definition of employee job satisfaction in different approaches; and there are many studies varied in the defining the term job satisfaction. The people who work in the organizations and people who study in this area both are interested to study of Job satisfaction. The terms Job Satisfaction refers â€Å"an individual’s general attitude toward one job’s† [Stephenson P. Robbins, 2005] Job satisfaction is psychological aspects that deals with individual feelingsRead MoreJob Satisfaction in Organizational Psychology1537 Words   |  7 PagesJob Satisfaction in Organizational Psychology Job satisfaction can be known to some people as an important element in their lives. If an individual is unhappy with their occupation it may affect other parts of their life. Job satisfaction can be seen in what one wants in a job as to what one has in their current job. Definition of Job Satisfaction Job satisfaction can be defined as an attitude or feeling one can have toward ones job. Job satisfaction is the extent to which people like (satisfaction)Read MoreDifferences Between Culture And Climate1020 Words   |  5 Pagesown words, define organizational â€Å"culture† versus â€Å"climate†. To me, organizational culture is a company’s framework preserved by the employees that outlines what they deem important, what they stand for, and an image that they want to project. Oftentimes, a company’s culture is verbalized by their rules, regulations, mission statement and their company values. The culture is decided by the company and influences how an employee behaves in the organization. Conversely, organizational climate is deemedRead MoreVisual And Verbal Components Of An Organization Essay1624 Words   |  7 PagesIntroduction Culture is something like behavioral rules which are unwritten and unspoken that is produced when group of people comes at a place to work together. 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In analyzing Quicken Loans’ goals and values have on job satisfaction and motivation, there are key components from both Job Characteristics Model and the Employee Satisfaction Model that could be applied their business model. There are similarities with both models, regarding goal setting to motivate and incentivize, task identity and significance, focus on job performance, job satisfaction, productivity, and customer satisfaction. Quicken loansRead MoreWhat Is Organizational Culture?1204 Words   |  5 PagesWhat is organizational culture? â€Å"organizational culture refers to the beliefs and values that have existed in an organization for a long time, and to the beliefs of the staff and the foreseen value of their work that will influence their attitudes and behaviors† (Tsai, 2011, â€Å"Abstract,† para. 1). Yafang Tsai (2011) defines it as â€Å"the belief that can guide staff in knowing what to do and what not to do, including practices, values, and assumptions about their work (para. 6). It can even be definedRead MoreEmployee Satisfaction1221 Words   |  5 Pagessubject matter of this case involves the job satisfaction and employee engagement of a spa company’s workforce called Bella. The case depicts a new general manager Kris Jenkins’s concern that Bella’s numbers had deteriorated dramatically in the past year. Profits were down; absenteeism was up; turnover, while not dramatic, was higher than it had been in the past five years. This report shows how important the employ ee engagement to bring job satisfaction which overall leads a company with a less absenteeismRead MoreJob Satisfaction1431 Words   |  6 PagesRUNNING HEADER: Job Satisfaction Team Paper Job Satisfaction Team Paper PSY428 June 21, 2010 Maria Cuddy-Casey Job Satisfaction Team Paper With today’s ever-changing, stressful environment individual job satisfaction is critical to the success of any organization. Today’s individuals are looking for more than a job; they are searching for a career that will challenge them, allowing them to grow and progress within the organization. They need a sense of accomplishment while allowing

The Assassination Of John F. Kennedy Essay - 967 Words

The book I chose to read is The Assassination of John F. Kennedy by Lauren Spencer. It was published in 2002 by The Rosen Publishing Group, Inc. It contains 64 pages. This book not only provides information on the killing of President Kennedy, but also information on his life, the arrested murderer s life, and more interesting background information and details. This books main objective is to go deeper into the case of John F. Kennedy s assassination, to discuss personal information about suspects and background information that play as factors to one of the most looked at events. It begins with describing the basics: John F. Kennedy went to visit with the people of Texas. When he arrived, he was escorted down the streets in a convertible automobile with no top. This led to the devastating shooting of Kennedy. From here, details were more specific. The story went on to tell about Kennedy s surgery. The UPI News was the first to announce of his death. Television and radio broadcasts were filled with nothing other than Kennedy s assassination whereabouts. Once Kennedy died, Vice President Johnson moved up in his place. The book went on to the real question: Who is responsible? Marrion Baker reported that he heard gunfire from the depository, where police immediately began to search. Police spotted Lee Oswald, continued to search until finding bullets and a gun, and then could not find Oswald anymore. People left statements of seeing a guy hurry along in a taxi thatShow MoreRelatedThe Assassination Of John F. Kennedy982 Words   |  4 Pages O’Reilly and Dugard’s book, Killing Kennedy, is about the events leading to President John F. Kennedy being shot, as well as what happened after the assassination. This book also describes the rise and fall of John F. Kennedy. The authors also wrote about the Cold War, Kennedy dealing with communism, and threats of crime. January of 1961, the cold war was growing stronger and Kennedy was struggling with communism. During all of this happening, he was learning what it meant to be a president. HeRead MoreThe Assassination Of John F. Kennedy1620 Words   |  7 Pages Ever since the assassination of John F. Kennedy in 1963, there has been controversy over whether the true gunman was held accountable. The United States Government claimed that it was an easy, open and closed case. They found Lee Harvey Oswald, close to ground zero, with a freshly fired riffle, immediately after JFK was shot. Contrary to the governments report, skeptics argue a vast scope of conspiracies to shed light on what they believe happened that day; ideas ranging from magic bullets, multipleRead MoreThe Kennedy Assassinations By John F. Kennedy Essay1486 Words   |  6 Pages Decades later, the Kennedy assassinations and surrounding mysteries continue holding public interest. Although their notoriety as charismatic leaders is a significant contribution, other factors regarding societal psychology deserve consideration whilst exploring this phenomenon. With these events occurring during a time that allows living witnesses, modern accessible evidence, various media covera ge, and visible modern impact, the mysterious Kennedy assassinations have the capacity to encourageRead MoreJohn F. Kennedy Assassination1618 Words   |  7 PagesJohn F. Kennedy Assassination Was John F. Kennedy’s assassination a single shooter or was it a conspiracy? Since November 22, 1963 people around the world have wondered who it was that shot President Kennedy, and what for. So many questions have formed around this event, not just about who the shooter was, but also questions like what might the world have been like today if the shooting didn’t happen? The Kennedy assassination has been a mystery for many years. A lot of people hear about the differentRead MoreAssassination Of John F. Kennedy1002 Words   |  5 PagesThe Assassination of John F. Kennedy â€Å"Our most basic common link is that we all inhabit this planet. We all breathe the same air. We all cherish our children’s future. And we are all mortal.† President Kennedy stated in his commencement speech at American University on June 10, 1963. John F. Kennedy was an American politician who served as the 35th President of the United States from January 1961 to his assassination in November 1963. There are numerous conspiracy theories involving Kennedy’s assassinationRead MoreAssassination of John F. Kennedy931 Words   |  4 PagesThe John F. Kennedy assassination is believed to be one of the most controversial and debated topics in American History. JFK was one of the most beloved presidents of our time. Other assassinations of presidents didn’t have as many Conspiracy theories compared to the JFK assassination on November 22nd, 1963. Some of the theories include a Government cover-up, Mafia influence, and Cuban President Fidel Castro (Stern). T he assassination of John F. Kennedy in Dallas, Texas, raised many questions thatRead MoreThe Assassination Of John F. Kennedy1500 Words   |  6 PagesOn November 23, 1963, three shots were fired at President John F. Kennedy’s limousine in Dallas, Texas. The first shot went through the president’s neck, the second was the fatal shot that would ultimately end Kennedy’s life. There is a lot of speculation about what really took place in the assassination of John F. Kennedy. Many people believe that Lee Harvey Oswald worked alone, but there are many people across the nation who think differently. Many theories can both support and disprove that LeeRead MoreThe Assassination Of John F. Kennedy1626 Words   |  7 PagesThe Assassination of John F. Kennedy John F. Kennedy, the 35th President of the United States, was assassinated on November 22, 1963 at 12:30 p.m Central Standard Time in Dallas, Texas while riding in a motorcade in Dealey Plaza.[1] Kennedy was fatally shot by Lee Harvey Oswald while he was riding with his wife, Jacqueline, Texas Governor John Connally, and Connally s wife, Nellie, in a presidential motorcade. A ten-month investigation by the Warren Commission from November 1963 to September 1964Read MoreAssassination of John F Kennedy1119 Words   |  5 Pagessixth floor of the Texas School Book Depository Building. However, did Lee Harvey Oswald, a crazy lunatic act alone in the assassination of President Kennedy. Both first – hand knowledge and visual evidence allows people to re – examine the events of this day and prove that there were other gunmen involved in the bombardment of our youngest elected president. John F. Kennedy was depicted as a nationwide hero to many Catholics living in the U.S. during the early 1960’s. He was idolized by severalRead MoreThe John F. Kennedy Assassination1803 Words   |  8 PagesU.S. History 102 Research Project The John F. Kennedy Assassination Cody D. Bindley History 102: 1865 to Present Instructor Sumner February 7, 2016 INTRODUCTION On November 22, 1963 President John F. Kennedy was attending a parade in Dallas, Texas. During this parade President Kennedy was traveling in a 1961 convertible Lincoln Continental limousine with the top down. President Kennedy was traveling in the third row passenger side seat of the vehicle, seated to his left was

Mobile Technology Ltd Legal Issue

Question: Write an essay certain legal issues arise related with Mobile Technology Ltd. (MTL) Answer: On the basis of the facts that have been mentioned above, certain legal issues arise related with Mobile Technology Ltd. (MTL). The first issue is that the majority shareholders of the company, James and Jenny Lee holding 60% shares of the corporation wanted that the companys management should be conducted in a way that is more advantageous to them. In case the directors of the company, Harry, Minh and Jackson do not follow their wishes, they threatened to take over the management of MTL. Similarly, other issue is related with minority oppression as a minority shareholder of the company, Martin Lu is concern regarding the way, the directors of MTL are draining its assets. In this regard, Martin wants that extraordinary general meeting of the shareholders should be called but the directors are not willing. Another issue is related with a clause present in the constitution of MTL according to which, the business of the company will be restricted to manufacture, sale and purchase of pla sma TVs and DVD players. But now the directors want that the companys business should be changed to the manufacturing and distribution of smart phones and I Pods as the directors think that the TV and DVD market has become stagnated. In the same way, another issue that arises on the basis of the given facts is that the directors of the company are planning to set up another company and they're going to sell the TV business to the new corporation that is owned and controlled by them. The Corporations Act, 2001 has provided far-reaching remedies in case the minority shareholders of the company have to face oppressive conduct. In this regard, the law requires that the director should use their powers and manage the corporation, considering the interests of the shareholders as a whole.But it is possible that the majority shareholders may expect or even demand that the corporation should be managed in such a way that is more favorable for the majority even if it proves to be harmful for others. Generally the minority shareholders lacked the ability to have an impact on the undertakings of the corporation, still it is vital that the directors act fairly and take care that their decisions endorse the interests of the corporation as a whole and all its shareholders and not only the majority shareholders. In case the directors were unsuccessful in it, they can be held in breach of their statutory duties and similarly, they also risk being engaged in oppressive conduct. In such a case, far-reaching remedies may be available against the directors that can have a significant impact on the company. The Corporations Act has also prescribe certain duties for the directors which mention that they should not use their position improperly and act in good faith and in the best interests of the company. These duties have been prescribed by the Corporations Act and also by the common law. Usually the term minority oppression denotes the conduct falling within the purview of section 232. This section provides extensive powers to the courts to provide relief to the shareholders in case the conduct of the affairs of the company, including any actual or proposed act, can be described as being contrary to the interests of the shareholders of the company as a whole or if it is oppressive, unfairly prejudicial or discriminatory against a shareholder or shareholders. In this way, the target of section 232 is the conduct due to which the minority shareholders of the company may have to face some commercial unfairness. This section has been drafted extensively and as a result, there are no defined limits placed on what may be considered as the offending conduct. In this case, the offending conduct can be the conduct of the company, or its directors or the other shareholders. For this purpose, conduct is evaluated by the courts by applying an objective test that is based on cons idering if the conduct will be considered as unfair by any reasonable commercial bystander. However it needs to be mentioned that in this regard it is not enough if a shareholder has been prejudiced or discriminated against. There should also be an element of unfairness that extends beyond a mere disadvantage. In practice, generally a question arises when a minority shareholder is subjected to unfairness or prejudiced due to the abuse of majority power or control on the corporation. The actions taken in bad faith are more likely to be treated as oppressive by the courts. However conduct can be considered oppressive even if it was undertaken lawfully and in good faith if such conduct proves to be disadvantageous or creates the burden on the minority that would be treated as beyond fair and reasonable by any commercial bystander. Such a conduct may take place even if all the members of the company have been treated equally. Some of the examples of the conduct stated by the courts as being oppressive, unfairly prejudicial or discriminatory can be given as follows. Therefore, such conduct includes the issue of shares, mainly for weakening the voting rights of the majority; nonpayment of dividend to the shareholders or making excessive payments to the directors when such decisions cannot be justified objectively due to the circumstances of the corporation; insistently declining to call the meetings in order to avert involvement by the minority shareholders; applying the funds of the company for the benefit of certain shareholders and not all the shareholders and excluding a director who represents a shareholder, from the management of the company. In most of the cases in which minority oppression has been alleged in the courts, unlisted private corporations are involved instead of the public entities. The cause behind this situation can be that in case of a listed corporation the disgruntled shareholders c an sell their shares but on the other hand, in case of a private company, there is generally no market for the shares owned by the minority shareholders. Generally it has been seen that in case of minority oppression, one shareholder or director is kept out of the management of the company or the company conducts the capital raising or share buyback due to which the equity of the minority is diluted. Other instances include the cases where the minority shareholders are not receiving any dividend or cannot sell their shares and their capitalist dog in the company indefinitely while the company is being run for the advantage of others, like significant salaries being paid to the management. Therefore under these circumstances, litigation appears to be the only way available to the minority shareholders to extract their capital. It also needs to be mentioned at this point that generally in case of minority oppression, there is also a breach of duties by the directors of the company, particularly the range of duties that have been mentioned in section 181 to 183, Corporations Act. In this regard, these duties of the directors can be briefly described as the duty of the directors to act in the best interests of the company (section 181); not exercising their powers for achieving an advantage (section 181) and not misusing the information received by the directors for achieving a personal advantage (section 183). Therefore in view of the statutory duty of the directors to exercise their powers in good faith and in the best interests of the company, it is necessary that the directors should act in best interests of the company, or the best interests of all the shareholders of the company as a general body. But in practice of ideas possible that the shareholders may have different or competing interests and as a result, sometimes it becomes very difficult on nearly impossible for the directors to act in a particular way so that everyone in the company can be satisfied. There are many decisions taken by the board of the company that may have very little or no direct impact on the individual shareholders but there are certain steps like share buybacks, situating capital raisings or the appointment/removal of the directors, that we have a direct impact on the interests of the individual shareholders. As a result, any acts of the directors in which the interests of one set of the shareholders have been preferred as compared to the shareholders as a whole, can be considered as a breach of their duties by the directors and it may also fall within the purview of oppressive conduct as mentioned in section 232. In this regard, section 232 provides that the courts have discretion to provide a wide range of remedies in order to protect the minority shareholders from the effect of oppressive conduct. Therefore the court may order that one or more shareholders purchase the shares owned by the minority, at a price that has been determined by the court; that the minority shares are purchased by the company; the appointment of a receiver and manager; a particular act should be done by a person or that the company may be wound up. However, it has been generally seen that the shareholders want that their shares should be purchased by the company or the other shareholders or in other words, a buyout ordered by the court at a price that has been decided by the court. According to the broad principle, the courts are required to grant the remedy in such a case that is least intrusive and therefore, generally the courts tried to avoid the remedy of winding up a solvent company. But when the court has ord ered a buyback and the majority shareholders of the company are unable to pay the price that has been fixed by the court, the court may order the winding up of the company. Similarly, the director shareholders who are held to be involved in oppressive conduct and the breach of their duties risk of being ordered that they should buy the shares belonging to the minority at the price decided by the court. In the present case, James and Jenny Lee are the majority shareholders of MTL and they jointly hold 60% shares in the company. They want to have a more significant role in managing the company and also advised the directors of MTL that the business strategy of the company should be changed and more attention should be paid to the wishes of the majority shareholders. In case the directors do not follow their wishes, they also threatened to take over the management of the company. But in view of the above mentioned discussion, it is clear that the directors of MTL should manage the affairs of the company, keeping in view the interests of all the shareholders of the company and not just the majority shareholders like James and Jenny Lee. On the other hand, a minority shareholder, Martin Lu who holds 5% shares in the company is concerned that the decisions taken by the directors of MTL will drain the assets of the company. In this regard, Martin wants that an extraordinary general meetin g of the shareholders of MTL should be called for the purpose of discussing these concerns but the board of MTL is reluctant to call such a meeting. This conduct of the directors of MTL can be described as oppressive conduct and as a result, the remedies that have been provided to the minority shareholders in case of oppressive conduct may be available to Martin Lu. The shareholders of MTL also want that the business of the company should be changed to smart phones and iPods but it needs to be noted that there is a clause present in the constitution of MTL according to which, the business of the company has been restricted to the manufacture of television and DVD players. Therefore, any change in the business of the company can be introduced only after a resolution has been passed by the majority shareholders of the company. The decision taken by the directors of MTL to establish another company, Stan Mobile Pty Ltd and sell the television business of MTL to this company can also be treated as a breach of directors' duties as these duties require that the director should not take a personal advantage through the decisions taken by them. Bibliography Crosling G M, Murphy H M, How to Study Business Law 4th Edition, Butterworths, 2009 Harris, J. Hargovan, A. Adams, M. Australian Corporate Law LexisNexis Butterworths 5th edition, 2015 Latimer, P, Australian Business Law CC, 2016 Edition Pentony, Graw, Lennard Parker, Understanding Business Law 3rd edButterworths, 2009 Stephen Graw, 2011, An Introduction to the Law of Contract, 7th Ed., Thomson Reuters Sweeney, OReilly Coleman, 2013, Law in Commerce, 5th Ed., LexisNexis Vermeesch, R B, Lindgren, K E, Business Law of AustraliaButterworths, 11th Edition, 2005

Science Vocabulary free essay sample

Chapter 18 Vocabulary †¢Energy Efficiency- Percentage of the total energy input that does useful work and is not converted into low-quality, usually useless heat in an energy conversion system or process. See energy quality, net energy. †¢Incandescent Light Bulb- One largely used devices that uses large amounts of energy, wastes 95% of its energy input of electricity †¢Internal Combustion Engine- Another device that uses a lot of energy, wastes 75%-80% of the energy in its fuel Coal-Burning Power Plant- Device that uses a lot of energy, wastes 66% waste †¢Net Energy- only energy that really counts †¢Net Energy Efficiency- a measure of the useful energy we get from a resource after subtracting the energy used and wasted to make energy available †¢Cogeneration- Production of two useful forms of energy, such as high-temperature heat or steam and electricity, from the same fuel source. †¢Super insulated house- House that is heavily insulated and extreme ly airtight. Typically, active or passive solar collectors are used to heat water, and an air-to-air heat exchanger is used to prevent buildup of excessive moisture and indoor air pollutants. We will write a custom essay sample on Science Vocabulary or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page †¢Green roof- covered with plants, provide good insulation, absorb storm water, outlast conventional roofs, and make a building more energy efficient †¢Photovoltaic (PV) cell- Device that converts radiant (solar) energy directly into electrical energy †¢Solar Cells- used to produce electricity †¢Hydropower- Electrical energy produced by falling or flowing water Turbine- produce electricity †¢Biofuel- Gas or liquid fuel (such as ethyl alcohol) made from plant material (biomass) †¢Geothermal- Heat transferred from the earths underground concentrations of dry steam (steam with no water droplets), wet steam (a mixture of steam and water droplets), or hot water trapped in fractured or porous rock. †¢Micro power Systems- Systems of small-scale decentralized units that generate 1-10,000 kilowatts of electricity. Examples include micro turbines, fuel cells, and household solar panels and solar roofs