How New Technology Affects Market Equilibrium in Perfect Competition The introduction of new technologies can change market conditions and influence competition. Market equilibrium adjusts according to the overall effects of newly introduced technologies. The introduction of the new technology … Read more >>
Knowledge in Business Organizations (Social Exchange Theory & Knowledge Coaching) Organizations acquire, generate, and use data, information, and knowledge. In information systems theory, the organization is viewed as an information system involving these processes. Data, information, and knowledge are used … Read more >>
Models of Effective Communication in Organizations Models of effective communication provide perspectives that clarify the process of communication and how it can be assessed and enhanced. These models can be used in communication that determines interpersonal … Read more >>
Starbucks: Application of Organizational Behavior Concepts This article aims to provide a perspective on Starbucks Corporation in terms of organizational behavior theory applied in the business. The coffee company is discussed according to decision-making, organizational structure, … Read more >>
Factors in Developing a Learning Organization Systems theory provides a framework for understanding and evaluating the development of organizations. The theory can be applied to make an organization an effective learning organization. Various factors interact to … Read more >>
Reward Schemes for Motivation: Strengths, Issues, Design Reward schemes are implemented for the purpose of motivating employees to improve their performance and contribute more to the business organization’s financial performance. Reward schemes like “Employee of the Month” … Read more >>