The process of evaluating an entity's development, people, operations, and working environment is known as organisational analysis. It is advantageous to do an organisational analysis because it helps management to spot areas of weakness and then come up with solutions.
Organizational analysis is the process of evaluating an entity's development, employees, operations, and working environment. Performing an organisational analysis is advantageous because it helps management to spot areas of weakness and then come up with solutions to the issues.
We cannot control an outside event of an organisation. Events like inflation cannot be evaluated early and is beyond your control.
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Milton Friedman was an American economist who wrote fundamental works in the fields of macroeconomics, microeconomics, economic history and statistics. In 1976 he received the Alfred Nobel Memorial Award for Economics for his achievements in the field of analysis of consumption, history and the theory of money and for his demonstration of the complexity of the stability policy. Friedman is regarded alongside John Maynard Keynes as the most influential economist of the twentieth century.
Friedman, who considered himself a classic liberal, represented the Chicago School, and emphasized the advantages of a free market and the disadvantages of government intervention. His basic attitude is expressed in his bestseller Capitalism and Freedom (1962). In it he called for the minimization of the role of the state in order to promote political and social freedom. In his television series Free to Choose, Friedman explained the functions of the free market and emphasized in particular that other economic systems could not adequately solve a society's social and political problems.
It's an example of independence value transmission.
