Capital structure

structure vs agency, the never-ending debate among sociology discussion. Some people may argue that the agent’s decisions are entirely based on greater powers like cultural, political, and economic influences, while agency would counter that an individual has total management of their own life. First of all, I would like to argue that there are certain circumstances and situations that would make agency valid. You could say that agency signifies that an individual has complete control, which I…

It simply reinforces the concept of socialization. These are categorized into two groups, namely primary and secondary. The primary agents of socialization enforce these unofficial rules of society, they are the family and our peer groups. This is how, as Durkheim claimed the moral codes are implanted. The Family functions as an institution of social control by socializing individuals as to accepted and expected norms, values and standards of behaviour of the wider society. If we conform we are…

is an Organizational Structure? The formal arrangement of jobs within an organization. Reese (1994:70) sees structure as a mechanism binding the specialized functions of an enterprise to a common purpose. Why have an Organizational Structure? According to Andrews and Herschel (1996:131), Every organizational system has a structure that, serves three basic functions. First, it helps to produce organizational output and to achieve organizational goals. Second, structure helps to…

The Earth is a part of the solar system and it has been influenced by its elements since it was formed. The solar system was formed from a large nebular cloud. This nebular cloud began to spin producing energy due to the collision between particles. The composition of these colliding particles included metal-rich fragments such as iron meteorites, rocky fragments such as stony meteorites, and icy fragments such as comets. The solar nebula grew hotter and denser, forming a disk of gas and dust at…

In 2001, Douglas Conant was named CEO of Campbell’s soup, at that time the context was not ideal since the company was lacking in terms of performance and was facing competitive pressure from consumers (price and health conscious), competitors (domination of Kraft and Nestlé) and even from retail partners (private labels). According to Scott (1992 ) and his contingency theory, organizations have to adapt to their environment to achieve success. Conant’s needed to deal with uncertainty; his…

executives are grouped by functions as per shown in the Appendix-B. Target Corporation is a large organization, multidivisional structure or matrix organization structure that allows coordination across functions that fit right Target Corporation being in a retail industry the structure by product grouped to a functional level practices works the best. Each structure of the management at the geographic level has a strategy discussion, a line of communication, growth, and progress reporting…

Bureaucracies have been around for a very long time. According to Volti, a bureaucracy is “an organizational structure based on impersonality, expertise, division of labor, hierarchy, written records, and definitive rules and procedures. The government created a bureaucracy to protect and control the population from other empires or other governments from taking over their businesses. To keep their businesses up to date and to maintain their empire the bureaucracy decided to collect taxes from…

Electric Company’s Culture The Lincoln Electric Company can attribute much of its long lasting success to the organizational structure and culture. The company continues to realize economic and productivity growth, year over year due to their unique company culture. In Arthur Sharplin’s “The Lincoln Electric Company” case study, we are able to analyze how the organic company structure and founder values produced a unique a combination of an outcome-oriented and people-oriented culture.…

With a divisional structure, head of divisions have P&L responsibility for that line of business, because of this they will often think about what best for their division and not pass on new innovative ideas to other division, causing some divisions to lose pace. • Divisional goals may take priority over organizational goals; teams within each division will likely focus on divisional goals instead of organisational goals, In any organisation, regardless of organisational structure, it is…

organization during hostilities. Hostilities can arise from various situations, but most often during times of organizational change where there are many uncertainties facing employees and managers alike. Things like affective commitment, the matrix structure, and the organizational culture can all play a part in one’s ability to navigate during such tumultuous…