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Business Plan for an Imaginary Software Company Business Plan

… ¶ … business plan for an imaginary software company, Techno soft which aims to enter South Asian market as a part of its international business expansion strategy. The paper is divided into different sections. The first section presents an ample introduction to the company; its location, products, mission, vision, and strategy, the source of competitive advantage, and the nature of business opportunity which it wishes to avail in the new market. The second section presents environmental and industry analysis of the firm using different tools; like PEST Analysis, Five Forces of Competition, CAGE Model, and future outlook. The third section is dedicated for the marketing plan of the company which describes the company's target market and marketing mix strategies.

The fourth section presents an organizational…. [read more]


Human Resource Management Practice Essay

… However, for organizational goals to be achieved, employees have to be efficiently managed. As such, human resource issues manifested in the company's product could affect the company's brand name, reducing the product's marketability and lowering profitability. Due to such implications, there is a need to tackle HR issues in the company, meticulously.

The company has experienced mechanical and quality issues. These issues are deeply rooted in the company's poor training programs, poor recruitment, poor rewards and recognition systems, poor retention and development programs. To overcome such challenges in future, it is highly recommended that Many organizations HRM adopt the high performance approach towards strategic management of its human resources. The approach would be most suitable for the company as it calls for effective training, hiring,…. [read more]


Management Accounting Provides Data Essay

… Rather, it represents a product that has passed its peak in terms of holding market share. It can be a quick decline or some product niches may take decades.

One of the primary goals in any business is to maximize profitability. Therefore, it is important to understand the product life cycle model because it can help the organization to meet strategic objectives. Management accounting has much to offer in regards to when a new product should be designed and introduced or retired from production. Such strategic decisions might vary with different industries as well as within individual businesses. Thus all strategies should be customized to fit the specific organization with rigorous and detail financial planning as one of the core considerations that can help to…. [read more]


Human Resources Managing Organisational Culture Dissertation

… d).

Understanding of organisational culture and cultural types also helps the understanding of why managerial reforms may impact differently within and between organisations. An organisation with a predominantly internal process culture, for example, may be more resistant to reforms aimed at promoting innovation. It is expected that staff in high uncertainty avoidance cultures to be more concerned with rule-following and more reluctant to risk changing jobs - both factors of some importance for those reformers who want to deregulate bureaucracies and encourage more rapid job change in the public service'. Businesses in both the private and public sectors have come to understand that organisational change frequently requires changing the organisation's culture and learning (O'Donnell & Boyle, 2008).

Whatever the purpose and performance results of culture…. [read more]


Business Environmental Responsibilities and Stewardship the Sustainable Approach Research Paper

… Business' Environmental Responsibilities and Stewardship: The Sustainable Approach

The purpose of the present paper is to discuss the issue of environmental responsibility. The latest business and management trends represent a proof that business owners have started to realize that the manner in which their actions impact the surrounding environment plays influences the future development of the business itself. The positive and constructive attitude that most companies have shown towards the environment demonstrate that entrepreneurs all over the world are striving to be good stewards of our landscape.

However, it must be underlined right from the very beginning that this phenomenon is not being developed at the same pace everywhere across the globe. Nonetheless everybody realizes the advantages that a sustainable approach to business may have…. [read more]


Managing Knowledge/Knowledge Management Systems Essay

… In terms of information disclosure, the company may sometimes disclose personal information to its strategic partners or other entities, as solicited by the legislation. Apple as such discloses information to service providers, such as firms engaged in information processing, credit extension or product delivery. The data is as such only disclosed when necessary for the benefit of the customer or when this is imposed by law. In all other circumstances, Apple Inc. " takes precautions -- including administrative, technical, and physical measures -- to safeguard your personal information against loss, theft, and misuse, as well as against unauthorized access, disclosure, alteration, and destruction" (Website of Apple Inc., 2012).

Ultimately, to ensure that the customer data is best protected and preserved, the company has created an…. [read more]


Human Dimension of Future Business Management Literature Review

… Human Resource Management (HRM) is a field that has been evolving gradually over time in terms of its responsibilities, structure and functions within an organization. As time progresses, these factors will continue to evolve, making the HR departments of the future look considerably different than those of the past. This literature review examines how the lessons of the past and present will shape the human resource management strategies of the future. It examines the changing perceptions, practices and responsibilities of HRM, as well as describing the personal strategies of the author for managing HR policies and practices through effective leadership and strategic planning.

The Changing Perceptions of HR Management Theory

Recruiting and Retaining Quality Employees

Managing Human Resources Through Effective Leadership

Managing Change

Goal Alignment…. [read more]


Human Resource Planning (Hrp) Essay

… (Berger; Dorothy, 2004)

The loss or absence of these valued employees pulls back the organizational growth due to their disproportionately commanding effect on the present and future performance of the organization. To take an example, legendry Bill Gates admitted that even if twenty of the best people are taken away from Microsoft, the company will lose to be an important company. In the process of organizational development, once an organization puts its commitment to excellence, it will requires a thoroughly prepared human resources processes that binds together the important constituents of human resources planning and then links them to strategies, overall policies and finally action plans. (Berger; Dorothy, 2004)

References

Armstrong, Michael. (2006) "A Handbook on Human Resource Management Practice,"

Kogan Page Limited.

Berger, Lance…. [read more]


Business Ethics Company Case Study

… With that in mind, the follow principles have been developed:

Our Ideology;

Conducting our business in a way contributing to Turkey's cause to hold a respectable position in the world.

Our Objectives;

Establishing prestigious and everlasting companies in a global and multi-cultural world.

Our Core Values that shape us;

Conducting business in compliance with the laws and the commercial code of ethics.

Openness to improvement.

Being competitive.

Conclusion

MLS Holdings has a unique challenge in setting its code of conduct for all of its operations. The company owns a variety of subsidiary operations and thus their code of conduct for these organizations must be somewhat vague. However, the code of conduct can concentrate on values at a high level that would be relevant to all…. [read more]


Management Philosophies Samsung Group Essay

… Another article by Kamii & Ewing (1996), states that it is impossible for learners to establish high levels of relationships with what they observe unless they incorporate certain levels of knowledge to it. According to Kamii & Ewing (1996), cooperative learning methodology brings great maintenance of material and an increase in the transfer of learning. Jean Piaget insisted that constructivism would advance to other philosophical theories because the ideas are innovative and concepts can change with time.

Narrative

The article by Ruth-Sahd is about social collectivism. The article bases on concepts of observation in a nursing clinical setting. The article also incorporates personal experiences of nurses. Observation and personal experiences help nurses in learn of effective management practices that will help them in their nursing…. [read more]


Management Skill and Competencies Term Paper

… Management Skills & Competencies

Skills and Competency Grid for the 21st Century Manager

The purpose of this work is to first create a skills and competency grid for the 21st Century manager based on the topics of the forces of change affecting management processes and people. The difference between efficiency and effectiveness as it relates to management. The use of management functions such as planning, leading organizing and controlling. Further this work will compare and contrast the similarities and differences in precisely how different types of managers perform the major functions and analyze the impacts of management on informational, interpersonal and decisional roles. This work will evaluate the lifecycles of the organization and its influence on management practices as well as assess the interdependence of…. [read more]


Global Business and Managing Across Cultures Essay

… In the communication conflict is one party drops in the defensive behavior the other party is likely to respond in the same way and the real essence of communication is then achieved. In this way mutual communication is created and problem is then defined in the more realistic terms. Thus, the solution to the problem then can be achieved through understanding, using creative alternatives and producing intelligent results. No matter how much complex is the problem and situation if it's well communicated and understood among the parties involved it can be solved in the best possible time with minimum possible resources being waste.

Expatriate management

Organizations dealing in global businesses have to make up the management policies especially the Human resource policy for skill development…. [read more]


Knowledge Management: Intellectual Capital Development Essay

… From the review of literature, it is easy to develop intellectual capacity through knowledge management principles like social construction. In this construction, knowledge is created by interpretation and social cognition aspects of human observation and learning (Marr et al., 2003). The review of literature indicates that a business can benefit from the advantages of creating innovative human capital through knowledge sharing, absorption, conversion, and storage.

This implies that through human resource development tools like interviews and surveys, a business can capture, process, and store core job knowledge (Huang, 2011). This step is vital in the development of the intellectual capital of a business, for it assists in building a knowledge repository. The repository comprises of business processes, rules, procedures, technical knowledge, management styles, and culture.…. [read more]


Future in Business and Fashion Admission Essay

… I was nominated as house captain, giving me some responsibility for the successes, failures and guidance of the other students in my dorm. I was also the round square representative, which gave me some input and helped me to think of ways to improve those things I wasn't happy about in school.

One of my proudest moments in high school was receiving my bouquetin, a medal of honor, of sorts. It was no easy feat to receive this medal of honor. In order to do so, I had to undergo the ultimate test: spend five consecutive weekends in the mountains of Switzerland. To date, this was one of the most challenging experiences of my life. While I wasn't necessarily the happiest about having to do…. [read more]


Sustainability in Business Sustainability Powerpoint&reg Essay

… The company should do this by establishing clean and efficient processes of production which minimize use of resources and minimize the negative effects to the environment. This would lead to a decrease in the cost of production and when these cost savings are passed on to the consumers, it leads to an increase in the market share of the organization Nutt, 1998.

The company also believes in establishing strong links within the community which would drive the reputation of the business and increase brand recognition.

The company needs to set goals for its sustainability activities. One of the goals is to reduce greenhouse emissions from the consumption of energy. It also reduces the impact of its activities on local water supplies through using the resource…. [read more]


Managing All Stakeholders Term Paper

… "The absorption of one company by another," Black's adds, "[with] the former losing its legal identity, and latter retaining its own name and identity and acquiring assets, liabilities, franchises, and powers of former, and absorbed company ceasing to exist as separate business entity" (p. 988).

In other cases, mergers and takeovers have appeared to be the result of opportunists looking for the quick profit; however, the consolidation of the highly complementary assets and resources of both of these giants will create some clear advantages for everyone concerned. Nevertheless, just as bigger may not mean better, merger may not mean advantage. In his chapter, "Technology Strategy: Collaborative Mode, V.K. Narayanan says that from a strategic viewpoint, collaborative mode is undertaken by firms when the economics of…. [read more]


Organization Behavior Managing the Modern Research Paper

… A manager should emphasize on individualism when he feels about some employee that he cannot be the part of a team due to his diverse personal characteristics. Therefore; the available literature on workforce diversity can be criticized on the ground of its over-emphasis on collectivism and less importance to individualism (Huckman & Staats, 2010).

Communication issues among diverse organizational members:

According to Tatli & Ozbilgin (2006), workforce diversity may create communication issues among the organizational members. A workplace that is composed of individuals from diverse cultures, backgrounds, beliefs, and thoughts, is more exposed to conflicts and issues in everyday communication matters. Employees in such an environment may feel unsecure to agree with the point-of-views of their diverse coworkers. This is true, but the literature does…. [read more]


Integrating Total Quality Environmental Management Term Paper

… Environmental management includes recycling and remanufacturing of parts and products (Anthony, 2002). Disassembly and recycling of reusable parts help the cause of environment protection, reduces the cost of usage of a fresh component, and avoids disposal costs. Material Resource Planning (MRP), an assembly-oriented scheduling system, does not support the process of disassembly. Uncertainty of quality, quantity and timing of recovery of reusable parts makes production planning difficult. To incorporate product recovery planning in MRP, use of reverse bill of material for every retrieved component or product is recommended. Concepts used in planning probabilistic demands for end items are used in structuring the bill of material.

Closed loop system is a widely used environment practice by many companies. This system requires new material only on non-receipt…. [read more]


Human Resource Management - Personal Essay

… Advocate that I am -- and was at the time of this scenario -- I was completely confident that Jill felt supported in her work and development, that Jill knew I was interested in seeing her succeed, and that I appreciated the special set of skills that she brought to the job.

Number eleven and number twelve, respectively, of the dimensions are: Someone helps me develop the innate talents that I bring to the job; and Opportunities to learn and grow. By providing Jill this new opportunity to expand hers skill set and take on some additional responsibilities, I was able to convey to Jill my appreciation of her innate talents, and I was able to identify the best possible match of her talents to…. [read more]


Human Resources Management Conduct Essay

… The emphasis also falls on integrating the employees within the organizational culture, and similar benefits are offered. Changes however occur at the level of the wages offered, these being regulated by national institutions in each region.

An observation which is however made in the human resource management policies and practices in China relative to those in the United States is that the quality of the Chinese efforts is inferior to that of HRM efforts in the U.S. For instance, while the managers in the United States are highly mature and experienced, the managers in China tend to be younger. Such a strategy would have been selected to encourage youth, enthusiasm and the company's commitment to management training and promotions.

Another observable difference between HRM in…. [read more]


Applied Management and Decision Sciences Thesis

… ¶ … management and decision sciences from various theorists; and, analyzes the evolution of managerial decision making from scientific management to the complicated forecasting models used today. The objectives of the Breadth component were four-fold: (a) to examine the theories of applied management and decision sciences as interpreted by the research of Ducker (1974), Harrison (1975), and others as listed in the reference section; (b) to analyze the historic evolution of decision making from scientific management to modern applications of operations research; (c) to examine the decision making process, with a particular emphasis on the importance of values and management judgment; and (d) to describe, assess, and evaluate various decision evaluation tools including matrix analysis, influence diagrams, payoff matrices, sensitivity analysis, decision tree, probabilistic forecasting,…. [read more]


Future Technological and Human Dimension Aspects of Emergency Management Term Paper

… Future Technological and Human Dimension Aspects of Emergency Management

While analyzing the readings it is evident that what the researchers report does hold merit. As time goes on the role of the manager becomes more technical and exact. It is important to realize that though new technologies are born every day, there are responsibilities that come with these newfound resources. With the ideas of an easier more efficient life come the consequences of the newfound ease, therefore it is important to prepare and acknowledge what may happen because of new technologies and resources. The researchers further discus on p.694 how important it is for the emergency manager to assure that these new found technologies are a source of positive advancement and not a future means…. [read more]


Business Management Motivation and Communication at Work Term Paper

… Business Management

Motivation and Communication at work; Performance management; Management Change; Influencing Skills; Time Management; Groups and Teams; Leadership styles.

Introduction company should come to realize it is in trouble when, in order to squeeze out a profit, staff turnover has been increased "dramatically" - higher than 40% in some departments - and turnover has been accompanied by a sense of "reduced motivation." That company's management should be acutely aware of its need to immediately address a falling-off in performance by employees, and a "mistrust of senior management" as well.

When employees mistrust their employer's leadership, that mistrust is a certain sign of a cancer within the company; and the problem, in a large number of instances, results from an apparent lack of leadership skills…. [read more]


Security Overview Businesses Today Research Paper

… Security Overview

Businesses today are faced with a range of security challenges unlike any of those that their predecessors have ever faced. Among these different challenges are the physical protection of the building and the protection of data and intellectual property. This may sound like a relatively easy mission; however, each of these two types of security has a number of different elements to it, and the interplay of these elements can make the process of keeping a company or organization secure.

For example, in terms of keeping a building physically safe, a security plan must cover the physical building itself, any equipment or supplies inside the building secure, and the staff and any visitors to the building must also be kept safe. (Moreover, the…. [read more]


Business Strategy Role of Work/Life Research Paper

… The availability of exercising and gym facilities provides additional support to maintain health of the employees. These are offered either at the offices or through third party contracts with gyms. The skills of the employees are improved through trainings related to work and other related programs. The skills related to life management and educational support is also a significant in improving employee performance. The programs are also offered to enhance health and parenting skills. The organizations offer financial management and retirement benefits through human resources policies. Professional and personal counseling is also an integral part of the organizational policy (Tariq et al., 2012).

Organizational Culture:

The organizational culture provides notable support to employees in relation to their non-work obligations. The attitude of supervisors and coworkers…. [read more]


Managing Across Cultures 30 Essay

… Managing Across Cultures

Business management strategies are changing rapidly as the domestic and international business environment is converting into a big challenging of functioning beyond boundaries. In this regard, managers are playing vital roles in dual capacities. On the one hand they are business managers and developers who need to achieve their goals important for the growth of the bank. On the other hand they need to manage the operational processes effectively (Stringfellow, n.d). The recent global changes in the regulation and competitive structures are making positions even more complex. The ability of managers now cannot be judged on the basis of what are the quantitative results and achievements but what now is more important is to maintain high quality of work with a motivated…. [read more]


Managing Diversity in the Workplace Valuing Term Paper

… Managing Diversity in the Workplace

Valuing diversity should be a consistent effort of every professional development- from the top leadership to employees at all levels within the organization.

The growing economic liberalism necessitated increasing communication among people of varied cultures, faiths and milieu. Presently people are not dealing with a protected market. They are presently succumbed to global liberalization and prone to competition forced by almost every continent. The diversity is considered advantageous to both contacts and employers. Irrespective of the fact that the associates are considered mutually dependent in the workplaces, due regard to their differences have profound impact on enhancement of productivity. The diversity in the workplace decreases the number of law suits and enhances the marketing opportunities, recruitment, creativity and business image.…. [read more]


Discipline in Business Management Importance Essay

… A formal procedure ensues where the person will be let go off. Only an element of senior management can undertake this step and is usually with the support of an HR professional. (The Role of Discipline in the Workplace, 2003)

The importance of discipline has been investigated through the men who are credited with creating the conceptual models of management as we know it today. Now, this paper will explore the other side of discipline in the contemporary managerial realm.

Steve Jobs, the famous inventor of the groundbreaking and pioneering desktop Apple computer as well as the popular I phone, was renowned for his abrasive management style. King argues that the most effective means of upholding discipline is to act by example. (King, 2012) Jobs…. [read more]


Human Resource Development Essay

… Human Resource Development

Human resources development

Management Development at Wal-Mart

Wal-Mart is the largest retailer in the United States and the preferred one stop store of all American citizens. The company was founded in 1962 in Arkansas by Sam Walton, an inspiring man who envisioned a store with an increased selection of products, retailed at affordable prices (Website of the Wal-Mart Stores, 2011).

The success of Wal-Mart was pegged to the attention to details and the ability to serve customer needs, and this was attained with the aid of a skilled and motivated workforce. Gradually however, the emphasis of Walton's successors shifted from customer satisfaction and employee motivation to the creation and preservation of the lowest possible price. This represented the primary competitive strength and…. [read more]


Human Resource Employment Opportunities Within Lukoil Company Term Paper

… Human Resource

Employment opportunities within Lukoil Company

The history of the Lukoil Company is quite a domain of actuality, when having in mind its short period of existence, in comparison with other companies of the same dimensions which exist on the worldly stage: therefore, on the 25th of November 1991 the state company LangepasUraiKogalymneft was brought into being, which included the "Langepasneftegas, Uraineftegas, Kogalymneftegas" production associations and a few capacities of oil processing. The acronym "Luk" is the combination of the first letters of the LangepasUraiKogalymneft Company. Thus, the Lukoil Company was brought into being on the 22nd of April 1993, when it was registered.

Even though it had not had the time to create a long-term history, Lukoil had a rapid development. In 1994…. [read more]

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