Essays on Top Management

The first article chosen is by Hamilton & Shergill (1992) and describes a longitudinal study of corporations with a non-financial business set up that are listed on the New Zealand stock exchange. The premise of the article is that there exists a fit in regards to business strategy and also in organizational structure that is vital and determines performance. The article examines corporations in New Zealand, where major companies are less diversified and smaller in size. It further offers an empirical test of the generality of the ideology of strategy structure fit and corresponding performance. I chose the article because ...

Business

Today’s economy entails competitive employees that can surpass the companies’ expectations in terms of output and productivity. When companies and organizations gear to strengthen their leads because of globalization, they send employees abroad for a myriad of reasons. Many multi-national companies (MNCs) deploy expatriates as a strategy to complete critical tasks such as corporate control, sharing of expertise in potential global markets, facilitation of entry into new markets and development of competencies for international management (Chew, 2004). About 80% of medium and large companies send expatriates, while 45% intend to increase the number of expatriates to achieve their ...

Apple is an American technology company that was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976. Apple is known for designing, manufacturing, and marketing of personal computers, software, mobile phones, portable digital music players, media communication devices. They also offer networking solutions and sell third-party digital music and application (Apple Inc, 2015). In summary, Apple’s business nature is manufacturing technology devices, software and providing various services to clients. Apple’s hardware products include Apple TV, iPhone, iPod, and iPad. The software applications offered by the company include OSX and iOS operating systems. Apple also sells ...

Internship Paper

The purpose of this paper is to explain the entire internship experiences that I personally and professionally encountered during the timeline of internship position as “Subway Assistant Manager”. It firstly determines the challenges and difficulties that arose during the internship program. It then describes the duties and responsibilities of the internship with respect to the performed tasks and undertaken activities. It also gives an overview of the company description including its name, location, the category of product/service, and the approximate size of the company. It then explains how the internship prepared me for the workforce through gaining of three ...

Question 1

The success of small organizations and especially fast-growing technology-based companies is depended on their ability to solve managerial and control challenges in time. Achieva being a fast growing internet solutions company has weak managerial and control systems to enable effective control, coordination and direction of employees. Effective management and organizational control are realized when the top managers are able to get things done by directing and coordinating the workforce. Further, the management has the responsibility of organizing resources within the capacity of the organization to ensure that organizational strategic goals are achieved. In essence, proper coordination of organizational resources ...

Introduction

On June 23, 2016, UK held a referendum in which 52% of the voters chose to leave the European Union (EU) against 48% who chose to stay (Taub, 2016). The Brexit presents a massive change. Without a doubt, the Brexit will strongly influence how project managers will run their projects. Hillary and Allen (2016) observe that all sectors and organization will have to review the risks and opportunities that will emanate from Brexit. Unfortunately, project managers, like everyone else, have limited information that would help them to assess the risks and opportunities associated with the Brexit. Notwithstanding the lack ...

Following the guidelines of the course ID guidelinesStudent’s NameUniversity

Introduction The crisis management plan has been structured to deal with possible unionization or collective bargaining agreements leading to strike of the workforce in Blossoms Up. Meanwhile, the following paper investigates the crisis scenario to develop most suitable crisis management plan according to the order. Admittedly, the Crisis Management Plan can be evident to control such unintentional disruption.

The crisis management team

In order to respond to the strike situation, the role of Human Resource, top management, and legal assistance will be evident. Therefore, each of the said department must be included in the crisis management team to deal with the unwanted scenario. ...

Literature Review

Overview The research question is essential for any study; as it will enable the researcher to focus on a particular subject to do research. The research question for this study is the effect of direct communication between the CEO and the employees when it comes to Job satisfaction. The question allows the researcher to focus on the concept of job satisfaction, internal communication the roles of both the CEO and the employees, and the factors that influence communication enhancement. Internal communication is the frequency of interaction between the upper level of management and the lower level of management (Bloom, ...

Abstract

The paper involves the study of the implementation of management accounting in the business environment as a way for companies to attain competitive advantage. The aspect of the paper is of high importance because every business needs to succeed or be ahead of a competitor and the only way to achieve that is through use of the competitive advantage. Competitive advantage can be difficult to obtain especially if a firm does not implement Porter’s competitive resources to analyse and understand the market environment. The paper will also briefly describe the aspect of management accounting and the activities it ...

Corporate History and Background 3

Corporate Business Strategy 4 Corporate Structure 4 Corporate Stakeholders 6 Corporate Identity, Image, and Reputation 6 Internal Communication Strategies 7 Corporate Social Responsibilities Strategies 8 Corporate Advertising Strategies 9 Media Relations Strategies 10 Investor Relations Strategies 11 Government Relations Strategies 11 Crisis Communication Strategies 12 Recommendations 13

References 14

Corporate History and Background The history of Toyota can be dated back to 1924 when the Toyoda Model G Automatic Loom was invented by Sakichi Toyoda. In 1933, Sakichi Toyoda’s son Kiichiro Toyoda started the production of Toyota automobiles and this venture was established as a division of Toyoda Automatic Loom ...

Question 1:

The five core competencies that are discussed and broadly tackled in the MBA program are as follows: Competency 3006.1.5: Legal and Regulatory Requirements Competency 3020.1.4: Motivational Concepts in Human Resources 3012.1.4: Microeconomic and Macroeconomic Principles 3013.1.4: Marketing Strategy 3014.1.1: Financial Analysis The graduate in these core competencies of the MBA program is taken through the rules and regulations as well as the legal procedures that they should be privy to, so as to analyzes applicable legal and regulatory requirements of their organizations and assist them to determine whether organizations meet legal responsibilities or not. The graduate in this competency ...

Overview of the Case Study

Over the years, the Singapore government had been operating on a two airline policy that had promoted efficient interaction between the government-owned Singapore airline, and its national competitor, Silvertail Airlines. For about 10 years, the duopoly worked so well until 1990 when other competitors joined the airline industry, following the airline deregulation policies adopted by the government. Consequently, the share price of Silvertail Airline Company started changing due to the friendly services such as low cost charges offered by its major competitors. This wind of change prompted a transformation in the company’s board of directors, which was replaced ...

Introduction

Sierra Ltd. is an automotive parts’ manufacturer situated in Eastbourne, England. The company manufacturers several distinct products and follows the traditional cost management system. It uses machine hours as the basis of allocation of overheads to its product costs. This report provides an assessment of Sierra’s finance director’s proposal to adopt the Activity Based Costing system for allocating overhead costs more appropriately and to increase sales margins. The most important issues faced by Sierra Ltd. are the declining revenue and profits since the last five years, low projected net profits for 2016 and high product costs. Sierra ...

Impact of globalization on human resource management practices

INTRODUCTION Globalization is the process of integration of several economies with the goal of increasing economic interdependence and mobility of factors of production across the world economies (Lechner, 2009). Globalization has caused an increase in the number of multinational corporations across the globe. Globalisation has had implications on the operations of multinational corporations including especially in human resource management. Some corporations have been forced to review their human resource practices to adapt to the challenges associated with globalisation. Companies have several motives to go global.

Companies globalise for different economic, social and cultural reasons. These motives vary from one ...

Abstract

This paper explores the challenges faced by women in management positions in international organizations. In order to appropriately discuss the issue, background information on current related problems in the workplace environment is initially discussed. This establishes the context upon which women find themselves in a corporate world ‘built by men, for men’. Women are in a disadvantaged position since they need to maintain a balance between managing the business and taking care of the family; this is in contrast to their male counterparts who can allocate more time for their career. Within such a scenario, organizational as well as ...

Critical Analysis for Management

Introduction Organizations are entities that comprise of people and/or systems. Organizations are neither a completely harmonious setting nor or they battlefields where conflicts define their structure. Instead, organizations can be stated as something which political negotiations define. Essentially, the very survival within an organization is an act that is heavily influenced by politics. Human and material resources together form an organization. Out of these two most important resources, it is the human resources of the organization who work in transforming the material resources into an end- product or service. For transforming the material resources into finished goods or services, ...

mmmmm dd, yyyy In 2010, the UK’s Communities Secretary John Denham sadly noted that in spite strides against racism in the past decade by the government, the same plight of discrimination against the poor white families (PWF) had gone largely unnoticed and had then reared its ugly head. The segment has remained stagnant and has not keep abreast of the general progress of the population. Denham expressed that assumptions on race have to be taken cautiously lest they will be used to justify PWF’s disadvantages. One such notion is that Asians are naturally more hard-working and ambitious ...

Management at Taco Bell

Analysis of Two Main Changes in Taco Bell Management Style Taco Bell was founded in 1946 by Glen Bell. It is a California-based fast food restaurant that specializes in the preparation of Mexican-style fast food. The company has now grown to be the leading Mexican-style restaurant in the USA. The company serves about 35 million customers in a week which is such a commendable number. The company has gone global given that it is not only located in America. The company has got an international presence in countries like Canada, Chile, as well as other European and Asian countries. ...

Abstract

This study tends to analyze the article mostly with respect to organizational climate. The article talks in favor of strategic human resource management approach which is the modern approach of human resource. This study gives the brief scenario of the condition of human resource management in current practice and its sensitivity which is followed by the brief background of the article. The article has supported the strategic human resource management as the second wave of human resource management evolution after the first wave that has improvised much aspect than the traditional one with different cases, examples, and exhibits. The ...

The two approaches for creating and implementing a vision are Top-Down and Bottom-Up.

The benefit of using the Top-Down approach in conceiving a vision for a department or an organization is that the top management can come up with one, unified approach for goal setting and the strategies needed to accomplish them. This saves time and ensures that there is a single minded focus and clear guidelines for all employees to follow. However, there are two main problems when this approach is utilized. The employees, in this case the police department, who are the actual implementers of the vision that has been developed by the top management, do not feel any sense ...

Strategic Messages to Different Stakeholders

Key message to executive: Introducing a new CEO Objectives: Issues: According to Koyne & Koyne (2007), the executive should know that the new CEO and managing partners are likely to reorganize the company through layoffs and dismiss top management. However, the top management can tell the new leaders that they want to help them achieve implement the changes. Porter, Lorsch &Nohria (2004) established that CEOs should focus on managing the organizational structure and not on daily operations. Additionally, the CEO at BrightStar should understand that his position does not give him the right to lead or a guarantee that the ...

The company started its operations in July 1995 to serve the consumers through retail website with the focus on choice, price and convenience. To compete with the competitors and to increase the market share, the company focuses on the strategies at business and corporate level (Amazon 3). In relation to corporate level strategies pursued by the company, the company uses mix of strategies like market penetration, diversification, product development and market development.

Corporate Strategies pursued by the Company

Diversification One of most prestigious strategies used by the top management of the company is the diversification. The company’s growth is linked to the transformation from ...

Discussion Question Week 5

Discussion Question Week 5 Chapter 7. Mass customization of products has become a common approach in manufacturing organizations. Explain the ways in which mass customization can be applied to service firms as well. Mass customization is the technology of using mass production to assemble goods efficiently and cost-effectively, and at the same time designing the products to fit into individual customer’s demands and specifications. Mass customization is a very common practice in the manufacturing industry although it can also be applied to the service firms (Gardner, 2009). The primary objective of using mass customization is to provide goods ...

Strategic management

Introduction Merger and acquisition (M&A) is a very common strategy that combines two or more organizations to become a new business. It is agreement between two companies’ to combine their different resources and run operations. In merger, one company is completely absorbed by other company. The merger and acquisition are changes in control of organizations that involve combining the operations of different entities into a single organization. The horizontal merger is a common method that exists between two organizations that are competing in the same industry such as energy sector. It can increase the market share and decrease the ...

(Tutor’s Name) (Assignment)

Executive Summary The disclosure of engagement partners and other participants in audits of public companies can add to the transparency and accountability of financial reporting significantly as it has been suggested by PCAOB and approved by SEC. With the implementation of this policy change, investors and other financial statement users can know the identity of the engagement partners and other participants in the audit. Therefore, investors can make well-informed investment decisions based on these disclosures. However, these disclosures have both direct and indirect costs that will be ultimately passed on to the company management and ...

The Fall of Tesco Plc 4

Introduction 4 The aim and objectives of the research project 4 Rationale 5 Literature Review 5 Research Methods 7 Research Questions 7 The chosen methods for primary data collection 7 Findings 8 Manipulation of suppliers 8 Accounting Scandal 8 The rise of discounting stores across the United Kingdom 9 Horsemeat outrage 9 Failure to add customer value 9 Discussion and Analysis 10 Conclusions 12 Recommendations 12 Directed at the organization 12 Areas for future research 13 Reflection 13

References 14

The Fall of Tesco Plc Introduction A Statement of the Problem The choice of this research owes its motivation and driving ...

Part 1

Job satisfaction levels Does your work Provides you a feeling of accomplishment and you feel happy after working hours and your salary, benefits, compensations are more than other industries. I have analyzed that I have the opportunity and resources for my personal development, grooming and stable growth in the organization. Does your annual appraisal help you and your supervisor in identifying and have Conesus on obvious performance criteria for the coming year and Organization has a very fair policy to revise the salary policy, promotions and other benefits.

Proactive and supportive work culture

I believe that Working conditions and the environment near my location ...

The stakeholders are all the individuals that take interest in the project and are actively involved in performing the functions of the company. All the employees and the customers of the organizations are the stakeholders. Employees are the stakeholders that are directly affected due to the change in the profitability of the company. The underlying article has discussed the information about the project. The article has discussed my personal experience and told that how the stakeholders help me in the underlying project. The sponsor of the project is a stakeholder that is responsible for the allocation of resources and ...

Under CEO Steve Ballmer, Microsoft can be characterized as the company with top-down strategic approach, when the planning was done by top management of the company (Rothaermel 135). However, he wanted to operate over delegation and did not think to back the solution taken by managers of lower levels. One of the main advantages of the top-down approach is that the top management of the organization determines the course of the company’s motion and gives specific guidance to units of how to approach the stated objectives (Henry 67). Unfortunately, the top management is not always ready to issue ...

Leaders of any organization often feel that the most effective way to bring people to go to the direction that top management wants to them go to is to enact cultural change. This is easier said than done, of course. Over the years, it was established that there two ways to encourage cultural change. The first of the two ways was to implement drastic action. This involves more of a forceful nature of implementing cultural change. This results in a quick change but often leaves a trail of hurtful circumstances. In this approach, management forces change due to either ...

ANALYSIS OF THE KNOWLEDGE SYSTEM FOR ACBP’S PROJECTS

Introduction This case study seeks to understand the difficulties of Australian Customs and Border Protection (ACBP) in their IT projects by analyzing how knowledge is being created and managed in its IT projects. It is using a project management (PM) methodology called Prince2 and it is strongly suspecting that it is part of the problem. It is possible that there can also be other factors aside from the use of Prince2 and it is the aim of this study to uncover them. There are several knowledge management (KM) methods that can be used but only one will be chosen ...

Summary: The company had established monopoly in the market for the product,large sliding doors. A single customer accounted for ninety percent of the business of the company. Later on there were new entrants into the market. The company faced major competition from a new player who worked seriously to capture the existing market share of the company and lure the major customer. The company president feared that the new competitor might underbid the company and take away the major customer. The vice president was instructed to cut production costs and increase efficiency. The son of company president had ...

1.1. The problem presented in the case was how the Chief Learning Officer (CLO) Tom Pederson, would transform the company by developing a strong company culture. Coming from a long history of struggles, employing talent of varying cultures to help get them thru the challenges they faced, the bank is now faced with the dilemma of how to merge these cultures to come up a with a unified organization. Pederson also had hesitations about the newly-implemented performance evaluation program, which is the first time employees are rated against the company’s vision and values. 1.2. As mentioned, one of ...

Human Resource Management

Introduction Human Resource Management is responsible for attracting, selecting, recruiting, placing, recognizing, engaging, retaining and rewarding people while developing anticipated organizational culture and leadership, as well as, ensuring compliance with national and international labor and employment laws. Mostly, small to medium organizations manage their HRM activities by outsourcing their human resource functions to specialized HRM firms. Other hires few HR professionals. However, larger business corporations uphold an all-inclusive HRM functional division that is characteristically dedicated to the specialized tasks such as strategic recruitment and selection, employee engagement, and development of functional leadership across the business undertakings (Bratton & Gold, 2011, ...

1. Introduction This research sets out to investigate into communication practices with reference to two different age categories of leaders i.e. generation X = 25-35 years and generation Y = older than 35 years. 1.1. Research Questions 1.2. Type of Data Collected The researcher has collected qualitative type of data through the interviews and observations. Detailed responses from the leaders from both the categories of generations (explained later) were collected against ten open-ended questions devised for each of them. Apart from that, there are findings of panel discussion based on observations. These findings (both that of interview and observations) are presented ...

Zadok limited company is an equity investment company that offers financial advices to its esteemed clients interested in investing both in the capital and money markets. The company has launches a project to implement management information system. This system will ensure real time relay important financial information across its departments. Employees will be able to make informed decisions based on the available financial information and avoid speculative decision making process which has been practiced in the company for over four years now.

Project scope

The primary objective of this project is to enhance information transparency across all the departments and to ...

The institutional affiliation

MEMORANDUM INTRODUCTION Medical marketing has grown an increasingly complicated cause of the fast developing business of healthcare organizations. The old model of focusing on just patients and physicians stopped working. So, it has become incredibly important for doctors to market their medical practices in order to build their own brand, gain new patients and improve business from the current ones. Nowadays, marketing teams need to broaden their consideration horizons and focus on the following criteria: Patients, Physicians, Professional Healthcare Administrators, Payers and Policy Makers (Mycek, 2015). The Texas Medical Center, Cleveland Clinic and New York-Presbyterian Hospital will be analyzed ...

QI: Difference Between Distributive and Integrative Bargaining

Purchasing and supply chain management in organizations is a complex set of relationships. Based on the size, scale and business strategy companies can choose to develop local, national, international and even global supply chain. This choice outlines the complexity of the purchasing operations along with the product and downstream operations of the companies. The role of purchasing department to adds value and optimizes the costs of the organization, but ensuring most effective and productive negotiation and purchasing process with the upstream and middle stream suppliers. There are two major approaches to the negotiation in any type of situations. These ...

Corporate Entrepreneurship

Corporate entrepreneurship is an activity within an organization where the already established services and resources are used by the employees to come up with knowledge and ideas that can give the business a competitive edge in the market. A corporate entrepreneur does not have to worry about capital or resources since all that are required are provided within the organization.

Obstacles Corporate entrepreneurship face

The biggest challenge that almost all corporate entrepreneurships face is the lack of support from the top management in the organization. Corporate entrepreneurship requires a lot of funding. Without adequate funding, the idea and knowledge the employees have will ...

1.1. Early on, Dr. Vasella was able to identify that the company’s turnover rate is more than acceptable. It was becoming a problem for them to make people stay. He noted that it is not enough for the company to pay good money to their employees. They also must be able to solicit their commitment and drive for excellence at the same time. 1.2. One of the factors affecting this high turnover rate was the inability of the company to recognize talent for promotions within. By the time they do so, these potential senior executives were already on ...

The key strategic issues and problems facing the company

Company’s inability for gauging the trends It is essential to refer to the fact that in the case of company’s inability for gauging the trends as well as addressing the changeable preferences of the customers in a prompt and costly effective way, there is a high risk of decreasing in the market share as well as the rates of sales. Such decreases have the potential of adverse affecting of the gross margin. It was claimed by the management of the CBA that the attention of the management as well as the costs, involved into the maintenance of ...

Introduction

Organizational strategies may differ from one organization to the next; however, ethical practices are universal. Ethics in Strategic Management is an important issue for most organizations as guided by firm-specific objectives. Ethics are moral principles that direct a person’s or group’s behavior. An organizational code of ethics guides its programs, policies, and business decisions. In addition, the ethical conduct displayed by senior leaders and managers encourages employees to abide by the same standards. Ethics in strategic management is becoming a fundamental issue for most organizations as guided by firm-specific objectives. Ethics is imperative in organizational success, making ...

1. The hospitality industry is one of the most important parts of the global service industry. The performance of the restaurant industry is directly associated with employees including waiters, chefs, and managers. The Brass Rail is a large restaurant chain that serves many customers. Many problems raised in the company that were mostly related to the management of operations and employees. It is explained in the case study that employees affected the restaurant operations. The management was not stable in the restaurant branch located in Wanden. Due to lack of proper management, the branch faced different issues related to ...

Introduction . 2

Analysis .. 3 1) Structural Characteristics . 4 2) American Apparel mission statement 5 3) Organizational Structure .. 6 4) Porter’s Competitive Strategy . 7 5) The External Environment 8 6) Stages in the lifecycle, size, and control system .. 9

Recommendations and implementation plans 11

References . 12

1.Executive summary The issue that the American Apparel’s organization is facing is that they have a very unique strategy to run the business more effectively than its competitors; unfortunately, this strategy did not meet the external environment needs. Therefore, they had to lay off hundreds of workers and retooling its production process in ...

Executive Summary . 3-4

History .. 4-5

Strategic Elements 5-6

Critical Events .. 6-7

Leadership 7-8

Mission and Vision Statement . 8-9 External Assessment 9-13 Analysis of Competitive Position 13 Internal Assessment . 13-17 Current Strategy 18 SWOT Analysis 18-21 BCG Matrix . 21-23 IE Matrix .. 24-25

Possible Strategic Alternatives 25-26

Evaluation of Current Organizational Structure .. 25 Recommendation Changes .. 25-26

Situational Analysis . 26-29

New Turnaround Objective .. 29

Proposed Measures . 29-31

Funding this Turnaround Effort 32-33 Financial Projections 33-34 Conclusion 34

References 35-36

Sears Holdings Corporation Executive Summary Sears Holdings is a major brick-and-mortar retailer in both the United States and Canada. As such, it sells a wide variety of products, including appliances, consumer electronics, apparel, tools, sporting equipment and ...

Abstract

The purpose of the assignment is to present recommendations for NCOA through using the Senge’s five disciplines of the learning organization. It has been determined that the organization is suffering for the issues system archetypes such as shifting the burden and limit to growth. The organization is not able to deliver the latest knowledge of supply techniques. The top management of the organization lacks in personal mastery, as leaders preferred traditional systems and wanted that instructor also follow the same. The failure of the organization in achieving its goals is the evidence that the firm is suffering from ...

Business Case Study: Yahoo. Inc!

Background This paper seeks to examine Yahoo Inc. and give an in-depth analysis into the business financial, market, and general performances on the years 2010 and 2011. It further identifies the strengths, weaknesses, opportunities and threats facing the business in its operations and finally gives recommendations that could induce improvement of the business processes and approaches in a bid to increase its competitiveness, performance and stability in the market. It’s purely an objective compilation based on factual information derived from the company’s annual reports and an analysis of the same in the global market context.

Stakeholders and customer need

Yahoo is ...

A project is a activity to create products or services. Every project has a beginning and end and has a time deadline for completion. Project management required to satisfy the needs of the project. Project Management Body of Knowledge (PMBOK ) published by project management institute,is the collection of standards to achieve success in project. By referring to this document, managers are benefited in the sense that they use or try to use all the available resources at their disposal to the extent possible in completing the project successfully. According to PMBOK , management of a project is achieved through ...

Alexander (2007) tells us that duty ethics, or deontology, is a normative theory regarding what people should do, rather than what they should be. Hence, duty ethics is chiefly concerned with actions people take, rather than the consequences stemming from those actions. Deontology, in broad strokes, posits that if an action is right in principle, then there is no moral obligation forbidding that action – it need not be avoided, regardless of consequences. Deontological theories are best understood in contrast to their consequentialist counterparts (Alexander, 2007). Consequentialism dictates that actions or intentions ought to be judged by the state of ...

Recommendations for Successful Corporate Change

There were two major issues that needs to be addressed by Chevron. These were the following: discrimination in the workplace and the company undermining community safety. Chevron, being an established, global leader in the production of energy and its by-products needs to step up to give sound solutions to these identified issues. In order to reinforce the much needed change in the company’s culture, change must be initiated beginning from top management down the line. To get everyone on board, it is recommended that the issue be addressed in a structured manner. The company must follow a step ...

MEMORANDUM

First I’d like to thank everyone for their hard work. Even though Southwest Business Forms is a small company operating in a capital intensive business, we were able to achieve success in a relatively short period of time. We are proud of the people that have helped build this company. This company started from nothing, but people like you made it what it is today. As a result, we were able to offer all full-time employees and their family healthcare benefits at no cost. This is something that is difficult to achieve, even for a larger company. As ...

Acknowledgements

The research was supported by [name of foundation] who provided the information on the company present and past. I would like to thank [name] for assistance with the information, sharing and evaluation the process of strategy building, sharing the ideas about the built strategy and telling what was done before to develop the company. I would also like to show my gratitude to [name] who gave some precious comments about the work of the company that helped to process the research and work out some ideas of improvement.

Approval Sheet

Executive Summary The case study of the Golden Horizon Placement Agency ...

The New York Times

Professional and Business Ethics: Managing Ethics Programs in the Workplace. This article explains how organizations should manage their working areas. In every workplace, the organization must ensure that there is an existing ethics management plan. The Association for Practical and Professional Ethics Executive Secretary, Brian Schrag explains that a good ethics plan contains corporate values making use of policies and codes to help in decisions and behaviors. They can also involve extreme training and evaluation according to the organization. They offer guidance when ethical dilemmas occur since it is very hard to have two similar programs. The article gives ...

It is a common aspect that many of the western organizations do not involve the subordinates in running their matters, but indeed, they are left to implement the mind of the managers. Decision making by the management discourages the employees since they feel not part of the company, and they may be reluctant while at work, which is one of the leading causes of failure in many businesses. It cannot be assumed that all the western companies have leaders as the decision makers because there are major firms that involve their employees is the daily running of issues, which ...

The fall of Enron

What went wrong and why? Answer. The wrong done in the case of Enron and the reason for the wrong can be described on the basis of the following aspects of their business: Enron’s core business was initially focused on natural gas pipeline and they made exceptional growth in the business. By the end of the 1990s they decided to diversify their business to the newly emerging business of asset management, construction, and Internet operations. Enron entered into foreign markets of Latin America, Asia, and UK with fresh subsidiaries focusing on development of asset management, construction, and internet ...

Abstract

Two options are discussed in the paper in relation to mitigation strategy of economic downturn. One strategy was the cutting of jobs i.e. mass layoffs and other option was to cut salaries. It is observed that in the U.S. (individualist culture), the norm is to adopt mass layoffs strategy and in Japan the strategy of pay cuts is used. However, in the U.S. some big companies used the strategy of pay cuts. Mass layoffs help the companies to increase productivity and morale with high profits by not cutting the salaries and terminating the employees. On the other hand, pays ...

A manager is an individual tasked with the duties of planning, coordinating, and directing the work of a team or a person in an organization. The manager also monitors the work and takes corrective measures whenever necessary. A leader is a person who has the trust of the others to lead them in pursuing what they deem to be the best possible solution to specific situations or problems (Reh, 2014). John Terrill best meets the definition of a leader. First, Terrill asked the engineers why the division had such as turnover. This was to find out from the engineers ...

Introduction

The need for change in any environment, individual or organizational, cannot be overemphasized because of the critical role that change creates in these situations. However, individuals are said to be change agents that enable organizations to change a transformation that creates a positive culture, bottom line and public image (Burke 2013). In this assessment, the paper discusses a change theory applicable to the article by Kimberly King, “Leading Through Change.” It makes a critical review of the article based on the theory and then gives a personal perspective on how to implement change.

Change models or theories (John Kotler’s Change Model)

Companies go through change as a ...

Computing for the overhead costs per unit revealed that the ABC system resulted in a more accurate application of overhead costs for the three products. The existing overhead system uses the direct labour hour as its basis for the overhead rate, which was at $20. The overhead costs per unit was seen to be lower for the Dance, Run and Walk product line when compared to the ABC system. The advantage of the existing overhead system is that it is easy to compute since it is based on a standardized labour hour or machine hour rate. However when the ...

Essay synopsis

Introduction to Management Introduction The management challenges are those problems with that the manager and administration make hard struggles to come up with the solutions. Most of the field experts and research studies have found that most business problems and challenges are usually derived from the lack of communication or unorganized communication (Njomo 38). Drucker (17, 18) has stated in his book that the management challenges are not new but they have been remained a part of the organisations and business from decades. Some of the major challenges include technology, leadership, creativity, innovation and competitive advantage. These challenges are ...