List the Three Major Factors That Influence Individual Performance in Organizations

question 24

Essay

List the three major factors that influence individual performance in organizations? With suitable examples, explain how a reduction or absence in any of the factors affects performance.

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Definitions:

Vertical Keiretsu

Vertical keiretsu refers to a type of business arrangement in Japan where a group of companies, primarily suppliers, are linked through cross-shareholdings and share a major manufacturer or assembler at the top.

Supplier Firms

Companies that provide goods or services to other businesses or customers within a supply chain.

Distributor Firms

Distributor firms are companies specialized in distributing products from manufacturers to retailers or directly to consumers.

Mass Production

The manufacture of large quantities of standardized products, often using assembly lines or automated technology.