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New technology effect on perfectly competitive market with constant demand, impact on firms, industry, market equilibrium

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 …

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Knowledge management system design and evaluation considerations in business organizations and human resources development office employees

Criteria for Designing & Evaluating Knowledge Management Systems

Developing a knowledge management system requires consideration for organizational culture, compensation systems, analytical models, human resource skills, and organizational technological capabilities. Other considerations include factors based on changes in the …

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Learning organization development through systems theory, leadership and management of human resources, knowledge acquisition and application

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 …

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Reward schemes, employee of the month, Maslow’s hierarchy of needs, Herzberg’s Two-Factor theory, motivation business management

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” …

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Government regulations economic enterprise minimum wage laws, tariffs, quotas, tax benefits, employment, environmental protection, shipping containers

Government Regulations on Economic Enterprise

Governments develop and enact regulations to optimize economic performance. Regulatory action may directly or indirectly target and influence specific economic enterprise. These regulations include minimum wage laws, tariffs, nontariff quotas, …

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Starbucks coffeehouse baristas business application of organizational behavior theories and principles for human resources and strategies

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, …

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