This type of approach would enable the leader to undergo self-actualization and to develop a set of certain underpinned self-awareness. What follows is a good level of self-awareness and then mutual respect,. A high spirit of participation and democracy soon permeates. These elements are crucial for a leader in order for him/she to develop an effective organization (McGregor:1960). The second recommendation relates to the change of leadership style at RIAA to become one that is based on the motivation (Frederick Herzberg 1960).The motivational factors that are utilized are essential for the members of an organization in order to achieve a n acceptable level of job satisfaction and advancement. This can be achieved through the use of properly formulated company policies and administration. The RIAA should therefore amend its policies and change it administration mechanisms. It should then improve its supervisory mechanism...
The overall working condition must then be improved. While focusing in management it automatic a particular leader who has the ability to come up with the determiners of a the particular job satisfactions is effective as compared to a manager who does not promote the motivator factors.
This is in part due to the fact that they have more control over this income than they do the income from CDs. For most artists, CDs are a means to increase exposure, driving revenues from these other streams. There is a growing body of anecdotal evidence that file sharing builds exposure (Ian, 2002). Essentially, file sharing is replacing much of the function of the recording industry. Artists are able
Industry Structure: Perfect Competition or Market Power Napster vs. The U.S. Recording Industry: Analysis of the Economic Model of the U.S. Recording Industry The article "When the Music Stops" by Nick Wingfield in the November 2002 issue of the Wall Street Journal, relates an interview with the founder of Napster, Shawn Fanning, after the death of his company at the hands of the recording industry. Not only does it discuss Napster's creator's future
(Kajuter, Baumgartner & Van, 2001, p. 37) (Hansen, Matthews, Mosconi & Sankaran, 2001, p. 33) Business 2 Consumer (B2C) The realistic and optimal development of the current e-music industry is the shift from illegitimate P2P exchanges to B2C exchanges that allow the artists, support systems and entire communities which rely on revenue from legitimate sales to ensure recovery of investment and potential profit. The potential for such a transition, which could
Latin American Music Music Industry The music industry is undergoing a global technological revolution which has been induced by the introduction of Peer to Peer (P2P) file sharing services, and the proliferation of recordable CD equipment which his now within the financial reach of the average consumer. Any one of these three influences alone could have been absorbed by the recording industry. The presence of a P2P service which was limited only
This education aims at stopping music piracy. Thirdly, there is the use of technology to stop piracy. This is quite difficult because the advancement in technology leads to advancement in the music piracy. However, knowledge in technology leads to the introduction and use of Digital Rights Management (DRM) systems. These systems limit the number of computer devices that can play a song. As a result, there is a reduction in
Intellectual Property It is important to note, from the onset, that revenues for the U.S. recorded music industry have more than halved since the late 1990s (Figure 1.0). In essence, what has often been blamed for the falling revenues is the online music revolution (Mezei, 2018). It is instructive to note that in recent times, streaming services have seen their paid subscriptions go up significantly, with 2016 having been a particularly
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