Tag Archives : ownership

It is said that ‘outsourcing is not a new phenomenon, as companies have scoured the globe for cheap labor unions for decades, manufacturing cars in Mexico and shirts in Malaysia.’ Outsourcing is an idea whose time had come in this globalized economy. The mechanics of such an activity cover entire infrastructures of human organizations, geographical [...]

Quality is no longer an option in an ever-expanding and more demanding competitive world market. Excellence in organizational systems and practices is vital if the company is to become world-class. Quality management system flattens the communication structure in a bureaucratic set-up that has a lot of hierarchy. This results in useful communication. [...]

In feudalism, political and economic elements merge seamlessly. The upper class controls the government, the production of goods, and the distribution of goods. Power is an offshoot and natural outcome of either being into the power born or through the granting of power contracts. Ordinary citizens work for the benefit of the upper class. The system [...]