Essays on Mikes

Responses to Classmates’ Posts

Response to Post on Question 1: The information shared on the rationale for managing risks are enlightening. There were useful insights which provided valid reasons for managing risks from Galai, Dan, & Crouhy (2014) especially in terms of asserting its importance in tax reduction as well as for ease of control in managing the organization’s resources. One affirms that, although not explicitly stated, the relevance of managing risks are evidenced by the increase in net profits of the firm, which would prove overall profitability and sustaining competitive advantage in the long run. As emphasized in an article on managing ...

Question One

The poem focuses on the influence the captain on his crew. It is evident that the captain leads his crew by influencing them. As such, the captain can be said to be a transformative leader. There are various characteristic that are attributable to transformational leadership. First, a transformational leader sets out to empower the subjects thus encouraging the subjects to transcend their personal interest for the sake of common good. Second, transformational leaders are a role model to their subjects. As such, they are role models for their subjects hence the firm will tend to identify with such leaders. ...

05020602

Question 1. Cliff provided his employees with positive reinforcement. He did so by often complimenting their good work, by providing lunch of Fridays for those who met their weekly goals and by giving extra time off to those who worked hard. By doing all of these things, the boss in the case study was performing operant conditioning, a form of behavior reinforcement that seeks to change behaviors. In this particular case study, the boss used positive reinforcement in that he provided the workers with additional perks, such as lunch and compliments in order to reinforce productive behaviors. Question 2. ...