Essays on Managing Director

Identify the key external and internal strategic issues and forces impacting upon WGF.

William Garden Furniture is a small business that is owned and established by Martin William twenty years back. Since its origin, Mr. William is the managing director and sole owner of the business. William Garden Furniture principally serves the high-end customers and manufacturers up-market wooden chairs, tables, and benches for gardens. William Garden Furniture had fought very hard to develop a sound market reputation, and the underpinning factor for its success is its highly skilled craftsmanship. Unfortunately, after 8 years of its start-up, William Garden Furniture started encountering a number of internal and external strategic issues that are still ...

<Course>

Daily communication at work entails the use of different types of appeal, although most of the time, these appeals are used unconsciously. In particular, emotional appeal is one of the most common types of appeal that people most likely use, either intentionally or unintentionally. Personally, I believe that the use of emotional appeal can be ethical in the workplace when it is logically used to support an idea. As long as the use of emotional appeal is logical and truthful, it can be considered ethical in the workplace setting. For instance, an HR supervisor noticed an increase ...

Problems Statements

The most significant challenges facing the construction project are; Managing work levels. The firms are finding it hard to pick the sudden flow of orders from the clients. Overall labor supply is sometimes a problem because of busier climates Severe economic condition. The company is experiencing a slowdown in residential building as a result of customer’s unwillingness to spend in real estate amid the rising concerns of job insecurity Cost controls. Maintaining an efficient level of cost control is a challenge to the company. The high cost of labor and the increased pressure in purchasing raw materials has ...

Introduction

Practicing business ethics involves three major steps; first, there must be a set of values that are used as a guideline in decision-making in a business environment, second, an understanding of the parties affected by those values and finally deciding on what actions works best for the values (Harry 45). Business ethics enable us to tell what is right and what is wrong in the course of doing business concerning the law. Good values make the society a better place to live. This essay gives a case study on business ethics in four parts. The first part introduces the ...

Integrative Research Project

Abstract This research project aims to establish how the organization can increase its competitive advantage by requiring supply chain vendors to meet ENOC’s standards. A qualitative research methodology was used, and the research design is to carry out semi-structured interviews over the telephone. The semi-structured interview allowed interviewees to expand on their thoughts and experiences while the researcher guides the conversation to say on the topic. Interviews were performed over the telephone with employees at ENOC and employs with ENOC’s supply chain vendors to collect data. The data analysis was carried out by evaluating the results of ...

Organization of Focus

The organization that will be reviewed in this case is ECOBANK. For two years, I served as an employee in this firm where I worked in the organization’s risk management department which was mandated in guiding the firm through all manner of risks. Having served in this organization for two years, I am confident that I adequately understood its function and operations as well as employee culture and organization structure. The organization is one of the largest African multinational banks. The bank’s key operations are in West Africa. However, the bank has made great strides in penetrating ...

The case study talks about a lady who has been appointed as the Sales manager in the credit department. The Bank, a local bank, is struggling to keep its doors open due to the low deposits it has from its customers. The bank has struggled to increase its demand deposits over a period, but there has been no substantial increase. The bank is located in a state full of Hispanics. The banks employees 70% are Hispanics and the rest being blacks and whites. The lady employed is a white lady and resides in another state that the large population is the ...

Question #1

The NAFTA was created in 1994 in order to improve the condition and process of business trade in North America. Specifically, it does this by getting rid of the tariff barriers and improving the trade infrastructures (“Chapter 8”). One particular business that benefited from the emergence of NAFTA was Walmart in Mexico. The combination of Mexico’s low-costs labor and NAFTA’S improved infrastructure and lower tariffs gave Walmart an extremely high competitive advantage. This is because while businesses like Comerci, Walmart’s main competitor, chose to make a profit out of the differences the lower tariffs made, Walmart ...

The impacts of closing and relocating the operations of a company could disrupt the organizational culture and environment of a company. Restructurings and relocations could result in the physical changes in the locations of company headquarters and distribution centres, change of company leadership, merging of some operations into one centre among other changes (Flecker, 2005). HS Engineering is a UK based firm that deals in making engineering tools. The company, mainly run by the founder’s family members, has been in operation for the last 40 years.

HS Engineering has a hierarchical structure of management where the three plants-Leeds, Wolverhampton and Oldham are ...

Abstract

Communication plays a crucial role in our day to day life. It helps to create a relationship or destroy a relationship with the other party. Communication plays a vital role in problem solving and decision making. There are four main types of communication system. This includes passive communication, assertive communication, passive aggressive communication and aggressive communication. Aggressive communication and passive-aggressive communication are used where the individual is angry. On the other hand, passive communication and assertive communications types are used where an individual is in a happy mood. Problem solving and decision making in the case of passive and assertive communication system is easy ...

The career I wish to pursue is that of an entrepreneur and so I hope to interview the Managing Director (MD) of the firm, Mars Confectionaries Ltd. for getting more information on this career.

A. Telephone request for an informational interview

Me: “Hello, Good Morning, Are you Mr. Steve Allen, Managing Director of Mars Confectionaries”.

Reply: “Yes speaking”

Me: “Sir, I am (Candidate name) and I am studying in Name of college . I am doing some career research. Regarding that I have called you. I got your contact details from my uncle who told me about you when heard about my interests in ...

The Foreign Corrupt Practices Act (FCPA) was adopted by the US Congress in 1977 after the outgrowth of the Watergate Scandal and a series of other situations in the period. The statute was implemented to deter bribery of foreign officials in connection to business deals and activities (Deming 3). The statute uses to principles in carrying out its purpose. The first principle is the general prohibition concerning the payment of foreign officials that applies to U.S. nationals and corporations under the U.S. laws or their main place of business is within the U.S. the principle also governs corporations that enter ...

Introduction

Global business environment is placing more and more pressure on the organizational ability to address diversity in the company. The reality shows that cultural, racial and social diversity along with geographical disperse of the companies creates new and, yet, not fully explored field in Human Resource Management (HRM), Leadership and Management studies. Modern considerations on the selection and recruitment processes that call for specific cross-cultural management capabilities outline the direction in which leadership and management practices have been and will continue to evolve in the near future (Sims, 2007). Team work and leadership practices in this field are one ...

Introduction

Day care also called child care refers to taking care of a kid during day time by other people other than the real parents or guardians of the child. In most cases, the parents or children are usually busy with their activities such as business, jobs or any other activities that keep them busy. There are different reasons that lead to the setting up of a day care business. First, daycare allows time for parents and guardians to attend to their personal activities effectively and efficiently. This allowance reduces the anxiety that could arise as a result of this. Second, the business ...

The mission of Morgan Stanley Company is to provide the finest monetary thinking, products and implementation in the world. The banking industry has been neglected by most of the firms since most of them are there to get the financial benefits through the credit availability from the deposits form the customers. However, the management of the Morgan Stanley understood well that, “the customer is the king.” They had to give priority to all their customers regardless of their financial abilities. The mission was give direction to the company to relate well with their clients and at the same time ...

(Professor Name) Charles’ appointment as an executor of Lord Marchmain’s will makes him responsible for administering the deceased estate. As an executor, Charles must collect all the assets of the estate, ascertain the estate’s liabilities and pay all its debts, taxes due, funeral and administration expenses out of the deceased estate. Ultimately, Charles will have to transfer any remaining estate to beneficiaries. Lord Marchamain’s estate include: the Beechyhead Castle, 100,000 loan to Charles, 400,000 contained in the Building Society Account, Art restoration business. The beneficiaries of the deceased estate are Julia, Sebastian and ...

Corporate Social Responsibility Policy:

Introduction: Steward Construction Limited Civil Engineering commits to balancing the organization’s economic sustainability along with its environmental and social responsibilities. Our regard for people comprises of fair treatment to our employees, healthy community’ relations and interactions, and sound management of the associations with our supply chain.

Business Model:

Our business management systems oversee the daily activities and constantly furnish the management with assessment reports. These reports monitor and evaluate the outcomes of the business practices hence prompting the necessary course of action. The present integrated management system is certified to ISO 9001, and endorsed by the Global Construction and ...

(Writer Name) (Instructor Name)

Introduction

Allen Stanford, James Davis and Laura Pendergest-Holt were the Chief Executive Officer (CEO), Chief Financial Officer (CFO) and Chief Investment Officer (CIO) respectively of the Stanford Financial Group, which was under investigation by the Securities Exchange Commission (SEC) for undertaking to cheat investors of $7 billion through a massive Ponzi scheme in overseas Certificate of Deposits (CDs) which were offering returns that were consistently higher than the market. Each of the three is presently serving prison sentences for their respective roles in the crime and related investigation.

History of Key Members of Stanford Financial Systems

Allen Stanford: Born in 1950 in Mexia, Texas, ...

Part A: Journal Entries to record accounting transactions

1. On December 31st the company sells on credit $5,000 of goods which had been bought a month previously at a cost of $3,500:

Debtors A/cDr5000

Cost of Goods Sold.Dr..3500 2. On December 31st the company sells an unwanted machine for $1,500. The machine was bought at the beginning of 2012 for $8,200 and was expected to be used for three years after which its value had been forecast to be $1,000.

Cash A/c.Dr 1500

Depreciation of Machinery A/c..Dr 7200 3. On January 2nd the company paid $500 by check for a three year buildings insurance policy. Insurance Premium ...

IMF

International Monetary Fund (IMF) Introduction The international monetary fund (IMF) was initiated in 1944 during the Bretton Woods Conference and formally created in 1945 with a membership of 29 countries. The main IMF goal was stated as to assist in the reconstruction of the world’s international payment system post the Second World War. Countries contributed money and put it in a pool through a quota system from where countries which had an imbalance in trade could borrow. Ever since the membership of the IMF has grown to 188 countries of the world and the main goal changed to fostering ...

- Competitive Analysis The new business comprises the manufacture of coffin boxes located in Australia. In Australia, there are a number of competitors in the funeral industry such as Coffin Bay in South Australia, Amalgamatedcasket.com, and Timba Caskets Pty Ltd. However, the company will endeavor to stay ahead of the competition through differentiation. An SWOT analysis can illustrate these facts. In terms of strengths, the company has a wide range of caskets available. Among them is the provision of quality services and a wide range of products. Notable among the products will be eco-friendly coffins made up of materials whose ...

Introduction

This paper contains two parts. Part of this paper offers a brief explanation regarding the role of the directors in a company. This part specifically discusses the reason behind the existence of the directors of a company’s duty to prevent insolvent trading. It also discusses the circumstances and the results after the court lifting the veil of incorporation for the wrong of insolvent trading upon a director of a company.

Discussion

Directors of companies are under a duty under the Corporation Act provisions and the common law to prevent companies from incurring debts while they are insolvent. At common law, the director’s duty to ...

Introduction

Mckinsey is the most prestigious name in strategy consulting. It is a firm which is very proud about its intellectual property and ethical practices. Over the last 87 years of its existence it has rarely faced any charges of unethical practices until recently. In 2011, the charges against its former Managing Director and iconic leader Rajat Gupta shook the whole Mckinsey fraternity (Hill, 2011). Rajat Gupta was charged with providing insider information to make millions of dollars for some stock market firms. For the first time in its history, Mckinsey probably is reviewing and strengthening it ethical standards and practices. ...

Organizational change refers to a process that involves changes at various levels in order to achieve desired results. It is necessary for organizations to bring different changes in order to respond to changing internal & external business environment. Organizational transition phase refers to stage in which organization is adopting changes to achieve desired future. In the given situation, organization is planning to bring changes in order to minimize the impact of financial crises. Organization is planning to reorganize roles and responsibilities of employees to deal with high turnover, outdated software and low moral values related issues. This paper intends to discuss ...

The purpose of the findings in the paper is based on the emphasis of the strategic management of H&M with the main research problem being to undertake an in-depth analytical approach to the company's strategy of marketing and how it is being implemented. The paper will begin with a overall introduction with a measure of background information related to the research question with descriptions of the defined processes, benefits and challenges met in strategic management. The practical aspect will comprise of the exhausted analysis of the strength's of the company, its weaknesses, opportunity and strength.

Company Information

Hennes and Mauritz also known as ...

The EPR technology changes made by Hansen to both production and non-production function functions of their business and how they are related to each other This essay covers the founding of the Hansen Company, its development of the E.R.P technologies and it’s the consequent effects in production and non-production functions of their thriving business and the relation of both phenomena. While constructing their own house in the mid-1950s, Bert and Dawn Hansen out of necessity attempted to create a reliable toilet valve. It worked with such efficiency that they decided to make some more in their home ...

Introduction

Agility Logsitcs is a global logistics company. Its headquarter is situated in Kuwait. It was founded in 1979. The current Chairman and Managing Director is Tarek Abdulaziz and the president of the company is Essa Al-Saleh. The logistics company is one of the leading companies of the world. It started off its operations from Kuwait but now it has spread its wings, encompassing the entire globe. The company has a frieght forwarding business, transportation, warehouse, and supply chain management business. The main revenue gaining aspect of this business venture is the frieght forwarding. The company has more than 22,000 employees, ...

Introduction

Public relations and what it encompasses is probably one of the largest unsolved yet not so popular issues in the field of media and reporting. It is important to take note at this point that although directly correlated, public relations and mass media are not the same. Mass media is the use of different methods and technologies to disseminate information or basically anything that may either pertain to the truth or what the people or the masses would want to know. Public on the other hand, while it certainly uses the power of media to communicate and manage relationships, ...

Executive summary

The success of any project depends on the effective planning. Planning in project management is crucial especially when it comes to project definition. Project definition involves specifying and documenting different aspect of the project such as the objectives, scope, aims and assessing the viability of the project. For any project to be successful, it is very crucial for the project manager to formulate an effective project definition (Atkinson, 2009). Defining a project effectively will give a basis of planning, monitoring and controlling other project tasks and activities. It was evident in the given project where the stakeholder and the manager of ...

Executive Summary

One Tel Communications was the fourth largest telecommunications company in Australia. It touches on matters regarding poor management, fraudulent misstatements, the use of remuneration packages for self-interest and lack of regard of accounting policies and legal regulations. These, together with other factors, have led the company to liquidation in 2001. This report summarizes the key facts from the start of the company business, its capital structure, the people involved in the accounting scandal, the auditing scenario, factors that contributed to the business failure, the audit risks existing at that time, to the conclusion and possible audit procedures that ...

Business Plan: Security Solutions Company.

- Overview

Business idea

Security Solutions Company will be a new business venture based in New York and operating in the private security industry. The model will be a unique brand that serves a niche market with a focus on information technology based and supported services. The model was settled for as a result of the increasing need for technology based security solutions considering the increased use of information technology systems by institutions and individuals that pose significant security threats. In addition, technology advance has provided security solutions that can be tapped with the business model to offer advanced security solutions which are differentiated from the ...

Introduction

The Australian construction industry has been for the past few years encountered many challenges starting from the economic restrictions construction industry. Many construction companies that aim at flourishing in this industry have claimed to encounter a similar problem through inefficiency. Inefficiency has been noted in all areas of the company’s activities that vary from inefficiency in business processes, supply chain, communication channels. All these forms of inefficiency incur huge costs on the Australian construction companies. Achieving efficiency remains one of the major goals of the Australian companies in that the most efficient companies receive huge benefits. Efficiency within a company ...

Article Review

Article Review The article, diversity in IMF management ranks seen falling short of targets written by Sandrine Rastello faults the International Monetary Fund (IMF) for failing to make its management ranks balanced in nationality and gender. According to the article, IMF has not achieved its self-imposed diversity targets. A report released by the organization shows that despite the increase in share of women and staff from East Asia and Africa in management jobs, the figures are still below the set targets. However, the target set for staff from the Middle East reached the fund’s target, while that ...

Background

This conflict relates to a publishing company which needs my expertise to solve it in their sales team as an ex sales manager has left organization, now workers in sales departments are unwilling to perform to sustain levels. Organization is facing challenges due to advances in technology and exponentially growth in internet users as now users can find more e-books than ever before. In such critical times this organization is unable to bear any conflict among staff members, managers and workforce, while sales department is already facing threat from less market capitalization, this makes it more critical for company. ...

It is a universal phenomenon that when you have power you can control the entire universe. Goldman Sachs as an investment bank has its origin in the United States and has influenced the business world as well as strongly spreading its tentacles to influence the political orientation of the United States. In the recent past, the company has been viewed just as an entity having no interests of the people in the United States and abroad. The company has been placed at a very advantageous position owing to the closeness in its continued deals with the US government. It has ...

Business Plan

- Introduction - This document is a report on Stock Management systems for a prime tourist destination restaurant called Frangipani Restaurant located in Byron. The restaurant will be opening its doors to its first customers in two months time and it is important for the management to have in place an efficient stock management system that supports its hospitality and recreational service provision. The report therefore highlights the internal and external documentation to be used in managing stock, appropriate stock levels to be maintained, potential security issues and how to manage them, stock taking exercises and adoption of a computerized stock ...

This paper will examine the case study ‘The Ethical Chocolate Company’ whose Managing Director is Mr. Graham. The paper will seek to reveal the essential areas that Mr. Graham should focus on. It will also recommend measures that he can implement to ameliorate the company. The paper will comprehensively analyze the ideal leadership style for the company, the motivation and job designs that the management should adopt, and how to deal with stress at the work place. First, it is vital to underscore the significance of competent and capable leadership at workplace. From the case study, it is ...

Introduction:

Ethics refers to the system consisting of moral principles and a branch of philosophy which explains what is good for individuals . Ethical behavior is usually explained by an organization’s code of conduct. It illustrates how members of an organization are expected to behave and take decisions. Ethical dilemmas are certain situations where there is a conflict between moral imperatives . Obeying one of them would lead to transgressing the other one. Everyone has responsibilities to behave ethically and fulfill their moral obligations. Almost everyone comes across situations where their moral and ethical obligations are challenged. It is very important to ...

Executive summary

The Advocate Samaritan Hospital intends to roll out a marketing plan that if successful would see it improve its capital base effectively doubling from the current two billion dollars to four billion dollars. The plan capitalizes on the strengths and opportunities while limiting the weaknesses and threats to the best extent possible. In this marketing plan, the objective remains service delivery to the community but with the realistic objective of raising revenues that actually fund the services delivered by the hospital. In addition, it is the intention of the institution to tap from the consultancy and referral departments that have ...

Introduction

The corporate sector has been adversely affected by the recent economic downturn. The changing economic settings have led to the need to deviate from the traditional American sense odd responsibility and fairness. Many companies are resorting to new ways of operating their businesses. Business structures are also evolving into more flexible and performance inclined systems. Many organizations are seeking to adopt a corporate structure that would maximize organizational performance and be fair to all stakeholders. The issue of corporate responsibility has also taken center stage in the recent years are organizations seek to participate in activities that promote social and ...

In order to conduct business in any given country it is important for potential investors to establish the conduciveness of business in that country. Chile has a vibrant and fast growing economy with more than half its population being middle class. The country would, therefore, be a suitable place for business. This essay explores the potential of establishing a commercial bank in Chile. Understanding the culture of the new country is crucial if the firm is to become successful. This essay introduces Chile as a country, the culture of its people, Chilean business etiquettes and provides basic information about the commercial bank the ...

How thoroughly the problems identified in the Customer Satisfaction

Survey or in the case you have chosen and explained, have been addressed.

In the Australian market, David scarf is a major retailer and over the past few years, its patronage has continually declined posing it to more and more non-moving stock. This has translated to profit loss thus swiftly becoming unbeneficial. In an attempt to identify the cause of problems, the Managing Director and the Chief Financial Officer engaged a third party organization. This comprised of senior managers, procurement manager, the distribution manager, the marketing manager and the customer care manager to conduct an arms-length customer satisfaction Survey hoping that ...

Business Plan

San Francisco, California

1. Introduction ABC Recycling is a new company to be set up in San Francisco, California. It shall be located in the outskirts of the city. The ownership shall be completely private. Although the company is a ‘for-profit’ organization, the nature of the industry and the aspects of the service to community cannot be undermined. The company seeks the support of municipal authorities in the city to help build an affordable, efficient and sustainable model for garbage collection and recycling.

1.1 The Definition: Recycling can be defined as the processing of waste materials into new products so ...

Answer 1

The Dag-Brucken ASRS project had failed for a number of reasons. One of the prime reason was that most of the work in Australia were done either manually or semi- automatically. This meant that applying a fully automated process for the Asian market was quite a challenge for them. Apart from this, the price of land in Australia was cheaper and the population density was also less. This meant warehouses in Australia had the option of using expansive land and also a single automated crane to handle it. However, limited land in Asia meant that warehouses had to be multi-storied and a greater ...

Contents Page

Contents Page 1

Introduction 2

Company Structure 4 Legislation 6 Code of Conduct 8 Advantages of Code of Conduct 9 Disadvantages of Code of Conduct 10 Ethical Issues 11 Conclusions 12 Bibliography 13

Introduction

Mac Contract Services Limited has received a contract from Moneymusk Electric Savacentres Limited in order to provide consulting and development services related to the technology functions and process operations of the company. Based on the current status of the organisation, there are various issues pertaining to the ...

Norge Portugal is an international Norwegian company set up in Lisbon, Portugal in 2001 (McGuire 123). The company deals in selling, maintenance and repair of refined equipment for textile industries. The company is well renowned for ‘total service’ to its customers, where they focus on satisfying the customer in an aim of achieving customer loyalty. Despite starting operations almost a decade ago, the firm retains a remarkably small customer base and is smaller compared to other company bases in different countries. However, the company remains profitable mainly because of favourable reputation amongst customers. Norge Portugal, has four key areas that ...

Beats Audio Consumer behavior report

Situational analysis This paper gives clear explanations of the processes of decision-making, the internal and external factors that influence purchase of headphones and earphones from Beats Audio. Earphones and headphones are the main products of Beats audio and the managing director needs to know everything about the company from the influence to target market. (Loudon, 2008)

Earphones main use is listening to music and closely related to headphones, which has the same purpose. Prices depend on the material used and the quality since the target groups prefer them in different colors and textures. The main information that the ...

Part 1: Three Top Leaders of 2011 (Washington Post)

Timothy Richard “Tim” Tebow Tim Tebow is listed in Washington Post’s best leaders of 2011. He was born in the Philippines to American Christian Baptist missionary parents in August 14, 1987. He is the youngest among five siblings all of whom are homeschooled by their mother. He started playing football for Trinity Christian Academy in Jacksonville, Florida in 1996. Although, his preffered position was quarterback, the school let him played linebacker and tight end. He started to looked for other high school where he landed in Nease High School where he managed to keep his stay competitive ...

The article is about the report of the death of the late former Libyan president Muammar Gaddafi in the Guardian media. In the article are allegations about the location of killing of Gaddafi, the possible killer and the likely time when he was killed. The allegations came from different sources around the world. In one source, it was said the Gaddafi had been killed by a NATO strike on his escape from his loyal home town of Sirte. Another report from a representative of Libya in the United Kingdom claimed that Gaddafi was captured alive when on an escape from Sirte ...

1. a) Below is the decision tree that I have used to recommend the unit price to quote the customer based on greatest benefit to Capstick Limited.

From the decision tree, it is clear that the unit price that would accrue maximum benefit to the company is that of selling the units at £17, through sub-contracting. b) Objective comparison of the in-house manufacture and sub-contracted routes shows that the sub-contracted route is more beneficial to the company since the production cost is lower by £0.5 per unit. The main disadvantage, however, is that this sub-contracted route rigidly fixes the units ...