Organisational Behaviour Essay Example | Topics and Well Written Essays - 1500 words - 2

Organisational Behaviour - Essay Example Teams on the other hand are defined through the efforts that result in performance that is better and greater than the sum of individual inputs. In effect an understanding of the group gives insight to an understanding of the individual. Teams have become more popular over the years for certain reasons. They often outperform individuals through natured competition and spirited inter group motivation. They also allow the individual to use their talents in a more efficient way. They have also been continuously associated with the ability to adjust and respond to changing environments. Team or group dynamics create a more democratised environment that increases the level of motivation among the employees. Work teams have certain benefits to the individual that accrue to the collaboration of the employees. They also have their share of disadvantages and over the individualised approach to work. To begin with, teams have a more creative approach to problem solving and are more thorough in the performance of their obligations and duties. This increases the quality of the work done. The various employees learn from the different perspectives and backgrounds on how to evaluate all pros and cons of the problem. Teams present and inter team competition which motivates the individual to perform better and emerge better. The interaction with the team also allows the individual to develop other skill sets besides the employment performance skills such as leadership, communication and association. It builds the individuals social and relational aspect through the team based interactions. On the other hand participation of an individual in a team has its challenges and disadvantages. The under-participation or over-participation of an individual in the team leads to uneven use of the individual’s potential which limits the performance of the individual. In case of team conflict the work environment created for the individual becomes more unfriendly and difficult (Scott , 2007). Team participation makes it quite difficult to motivate and acknowledge individual effort. Teams also limit individual’s creativity to the team level and it creates more bureaucracy in the work place. Further, not all individuals are comfortable working in teams and they actually work better when working individually. 2. ‘There’s no such thing as ‘stress.’...it’s all in an individual’s head and just an excuse to take time off work’ discuss There is no specific definition or explanation for job stress. It is a common phenomenon among most organisations and it occurs due to various reasons. It can however be expressed by the consideration of the internal and external circumstances and symptoms that are common with people undergoing stress. The most widely adopted explanation and definition of stress is one that expresses the circumstances that create the potential for stress. It can be presented as the result of a situatio n that creates demands that threaten to breach the individual’s capacity and abilities as well as the limits of the resources that are available. This therefore goes to the indifference between the rewards and costs of the obligations over the resources

Financial data analysis Essay Example | Topics and Well Written Essays - 1000 words - 1

Financial data analysis - Essay Example Likewise tools to predict the stock price of the companies, there are certain tools which specifically used to predict the price of a region or a city (Carcello J et al., 2010). The prices pertain to the Wheat Kansas is comparatively higher than that of the Wheat No. 2 Soft Red in almost all the time period. Lots of fluctuation has been found among the prices of both of the prices of the wheat. The average price of Wheat 2, Soft Red is $ 630.48 while the average price of Hard Kansas is $ 860.054. The average price movement for Soft Red Wheat is -0.10744% while the average movement of Hard Kansas is -0.07618. Standard Deviation which is one of the most important things from the aspect of finance and statistics is also applied on the same. From the analysis, it is found that the deviation from the mean for Red Wheat is 4.51%, while it is 3.45% for Hard Kansas. It means that the price of Hard Kansas is comparatively less risky than that of Red Wheat in total. Every organisation runs for the sake of economic profit and to do the same, different actions and strategies would certainly take into consideration. Organisations are of different kinds and there would be different strategies would be applied for enhancing the revenue of the companies (Borodovsky & Gogarten, 2010). Economic downturns and external pressures are always difficult for the companies as a whole because it relates to both short and long term economic prosperity of the companies as a whole. From last few years, the stance of organisations and its productivity are quite blurred merely because of the economic crisis and high external pressure were on a higher side at that time. Finance is a big field, in which there are number of things present and everything has its own importance and significance. There are certain things that come under the ambit of finance and among them; the name of forecasting is one of