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Business Summaries This Chapter Essay

… The central part of sharing a common set of goals is having a joint understanding of what the goals of the organization are and the best ways to achieve these goals. This does not mean that there has to be absolute agreement on every detail of every aspect of the organization, because a well-run organization will allow for open discussions when they are designed to improve the way an organization works.

One of the key ways in which organizations can be organized is along the lines of how specialized they are: Does each employee do only one job or does each one wear a number of different hats? The same question must be asked of each department, and even of the company as a whole.…. [read more]


Labor Unions the Business Cycle Term Paper

… Labor Unions

The Business Cycle

The concept of the business cycle entails that at times there is a boom in the economy of a business, while the downward cycle once again entails that the particular sector is experiencing a lower income. The effect of this on the economy depends on the size of the business and the number of its employees and investors. The downward part of the business cycle would then affect the economy adversely, as investors would be unwilling to invest funds. Furthermore employment opportunities in the particular business would decrease, while the demand for employment increases. Furthermore the decrease in employment supply leads to an increase in layoffs, which affects unions significantly.

Unions are brought into being to protect the rights of…. [read more]


Business Logistics and the Supply Chain Term Paper

… Business Logistics and the Supply Chain

In order for manufacturing companies to be successful in the emerging e-business environment, it is necessary for companies to establish strong relationships within their supply chain. A significant part of this process is improved information sharing on all levels of the chain, and the Internet allows for this integration of communication and information technologies, from the factory floor to the top office, and including the company's vendors and suppliers.

Online purchasing has provided the impetus for many manufacturing firms to move from a build-to-stock to build-to-order business model. In addition to upgrading technology, companies must work with their vendors to create win-win relationships with a special emphasis on information sharing. This requires a drastic change in manufacturer/vendor relations, which…. [read more]


Unions Are Various Organizations Research Paper

… Thus, in American politics, unions still matter -- maybe more than most of us yet realize.

International agreements and globalization

With considerations on policies, globalization is likely to persuade governments to adopt policies that would be against the formation of unionization. Researchers have analyzed this concept by claiming that Globalization can improve the demand of new pro-market ideas that would ultimately increase competition in different products and the labor as well. With the impact of Globalization on investment and economy, the governments would be more inclined to side with the corporations' management to support competiveness and with it progress in the global market. (Borjas, 2009)

The results of detrimental government policies have seen an introduction of right-to-work laws, which permits working individuals to have more…. [read more]


Monopolies vs. Mergers Term Paper

… ¶ … business world, both monopolies and mergers cause concern among consumers, the government, and suppliers alike. While there are vast differences between the two situations, they also have many similarities, and both can have drastic effects on competition, pricing, suppliers, product quality, innovation, and the economy in general. This paper will compare mergers and monopolies, and will discuss how each causes the issues above. In addition, this paper will show that while mergers and monopolies may be different in how they are accomplished, the end result in both cases can be large companies who have the power and ability to negatively affect the economy.

First, it is important to define what is meant by the terms monopoly and merger. From an economic standpoint, a…. [read more]


Future of Unions in America Term Paper

… The period from the mid-1950's to 1980 formed the greatest period of influence and prosperity for the labor movement in America. Unions were recognized as bargaining organizations in the auto, steel, trucking, and chemical industries. Wages rose by over 2% per year and workers began to receive an ever expanding list of benefits; including medical and dental programs, paid holidays and vacations, supplemental unemployment insurance and retirement packages. While the strength of the unions in terms of bargaining power was at it's greatest, the numbers of unionized workers continued to decline. In the period from 1953 to 1983, for instance, "the unionization rate fell from 42% to 28% in manufacturing, by nearly half in transportation, and by over half in construction and mining." (Friedman) The…. [read more]


Case of the Plant Relocation Term Paper

… Business and Political Argument Against Outsourcing - Plant Relocation

The Electrocorp Case Study

In his economic allegory of free trade, the Choice, Russell Roberts suggests that free trade is ultimately beneficial to everyone involved: workers, producers, and the general public (2002). According to Roberts, two countries specialize in terms of products because one country possesses a comparative advantage over the other when it comes to a particular product. Roberts illustrates this concept by using the metaphor of a man, an owner and manager of a large television factory. Although this manager is an excellent typist, Roberts points out, he has hired a secretary to do his typing for him. When it comes to managing, Roberts possesses a comparative advantage over his secretary. He gifted in…. [read more]


Nature Project, Sources Information Plan Essay

… Aside from the secondary sources -- as shown in the Nature of sourcessection -- the actual research and analysis would also draw on the primary sources, namely the documents provided by the company for the public. The use of these primary resources is limited, since Ford is a private company and only discloses partial information to the audience. The usage of secondary sources of information is characterized by an efficiency of research, through the elimination of the need for field research. Nevertheless, focus will have to be placed on the nature of the sources selected, so that they are relevant, pertinent and trustworthy.

The precise research method to be employed in the collection of data is represented by the case study, which is a commonly…. [read more]


Elements of Business Research Paper

… TESCO'S LEGAL, SOCIAL and ECONOMIC ENVIRONMENT

Elements of Business

Analyses of Tesco's legal, social and economic environment

Tesco is the world's 3rd largest grocery retailer with operations in 14 countries. UK is the biggest market of Tesco. It also has non-food ranges which accounts for 21% of group turnover in 2008. Tesco has a well-established and consistent strategy for growth .The rationale for the strategy is to broaden the scope of the business to enable it to deliver strong sustainable long-term growth by following the customer into large expanding markets at home - such as financial services, non-food and telecoms - and new markets abroad, initially in Central Europe and Asia, and more recently in the United States (Palmer, 2010)

Legal Factors:

Various government legislations…. [read more]


Antigua Guatemala Coffee Business Plan

… Any well-funded and large company, where capital is not an issue might be potential entrants because they have a solid brand image in the business sector (Blackwell, 2011).

Rivalry: in this market segment, there are many big players. With the high number of small-scale coffee shops, big players must battle with small players across the market segments. With customers increasingly taking coffee home, it provides the convenience, which is the main factor for players. There is an intense competition in this industry, as companies must battle each other to increase their customer base.

Bargaining power of suppliers: there is a high bargaining power for suppliers. The developments in technological innovations like the automated coffee machines and espresso machines have made them bargain over the industry.…. [read more]


Pharmaceutical Industries Have to Operate Term Paper

… The data that was evaluated was a combination from book, journal articles, review papers and the Internet. The information reviewed pertained to a wide variety of situations and industries. There were some common trends observed in all the material. The commitment of the management and the involvement of the worker are critical no matter what the condition of the external and internal environment the company faces. Integrating the core function -- marketing and sale of products along with the goals and the objectives of the organization is the new route the organization has to now follow.

A distillation of the interviews will be provided in Chapter 2.

CHAPTER 2: LITERATURE SURVEY -- ANALYSIS OF FACTORS AFFECTING THE PHARMACEUTICAL COMPANY AND THE INTERVIEWS

Understanding the main…. [read more]


Relationship Between Labor Market, Unemployment and Microeconomics Term Paper

… The people in the primary labor market refuse to work in the secondary labor market, leading to unemployment (Blundell and MaCurdy, 2008).

The theory of Insiders-Outsiders is another way to look at the twofold nature of the labor market. People who are already in the labor market (insiders) make it impossible for those individuals who happen to be outside the labor market (outsiders) to work by attaining and defending high wages via their unions (Blundell and MaCurdy, 2008).

In line with the traditional neoclassical theory, the main reason for unemployment is the absence of perfect competition within the labor market. This theory interprets unemployment as an independent occurrence, which is not dependent on growth and development. The theory suggests that unemployment is owing to external…. [read more]


Office Depot Is a Retailer Research Paper

… Well-trained managers are critical because they must ensure that the in-store experience continues to be attractive for consumers. There are other options for consumers for low-cost office supplies, so it is essential that the in-store experience is optimized. In addition, merchandising plays a key role in crucial metrics such as same-store sales and fixed asset turnover. How much a store sells per square foot or per opening hour is dependent in part on the abilities of the store management, and in turn the regional managers.

The textbook notes that there are many different types of training -- skills training, retraining, cross-functional training, team training, creativity training, literacy training, diversity training, crisis training, and ethics training. Office Depot generally only provides skills training to employees at…. [read more]


Strategic Audit of a Corporation Research Proposal

… Strategic Audit

Current Situation. A. Current Performance

FedEx Corporation (NYSE: FDX) has struggled in the past couple of years as a result of the global economic downturn. For the 2009 fiscal year (year ended May 31, 2009), FedEx earned $35.497 billion in revenue, down from $37.593 billion the year before. The company's net income was $98 million, down from $1.125 billion the year before. FedEx has reported that they are gaining in market share, however, in all of the company's transportation segments (Carey, 2009). Unofficial sources estimate FedEx's share of overnight to be 49%, making it the market leader. The company's share of "fast delivery," a combination of overnight and 2-day, is estimated to be 31%, ranking it just behind USPS and just ahead of…. [read more]


Statistical Data Being the Driver Essay

… Even so, there is much debate about who or what led to Hostess getting to that point in the first place and many pro-union groups say it was not their people, but that mattered little in the final days of the firm as it was too late to craft a solution when no agreement satisfying all needs was possible or acceptable (O'Toole, 2012).

In the end, Hostess made the right call in the view of the author of this paper. Again, regardless of what truly led to Hostess being on the brink, there is no real debate about whether they were there or not. There is also no debate about the fact that the union was given an ultimatum and they scoffed and said they…. [read more]


Strategic Information Systems Essay

… Under this scheme medical care is provided to these workers through insurance dispensaries.

Question 28: Discuss McGregor's Theory X and Theory Y

McGregor developed two theory's of human behaviour at work. He said there are two kinds of workers. Theory X workers are those who dislike work and avoid it when possible and also lack ambition and prefer that they be spoon fed. Theory Y workers are those who seek responsibility and take consider work to be important. They consider work just like resting or playing.

Question 29: Discuss the terms wages and salary. What factors determine the wage structure in an industrial enterprise?

A wage is a payment which is made based on the number of hours worked while salary is paid for a…. [read more]


Business Economics Vincent Term Paper

… (Global Agenda; Brown' red box, full of pink slips)

The targets set in these are to improve government service and in Canada the objective is to make the users at least more satisfied by 10% by 2005. In Italy, the government has set up its own charter in 7,000 agencies and local governments. The targets are defined in concrete terms like hospitals cutting waiting lists, schools increasing literacy rates, etc. The manager concerned has to take care of this when he decides on the activities of the department. Some of the other countries like Denmark and Finland have tried to remove one of the main problems of managing public service, and that through the retention of any surpluses that arise from the current year's budget…. [read more]


Protec, Ltd Case Study

… Business-Human Resources

Introduction review of the case on Protec, Ltd. demonstrates that the organization currently faces a number of notable challenges when it comes to its overall development. In recent months, the organization has examined the need to consolidate operations and streamline its overall efficiency. Even though the organization has identified clear strategies to achieve this goal, the reality is that the organization has not carefully integrated its plans to meet the overall needs of its employees. With an underdeveloped human resource management (HRM) program in place, the organization faces a number of challenges when it comes to effectively navigating its proposed changes.

Given the current challenges facing the organization, there is a direct impetus to consider both the specific issues facing the organization and…. [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]


Outsourcing Fr: HR Director Re: Potential Problems Term Paper

… Outsourcing

Fr: HR Director

RE: Potential problems due to outsourcing

Outsourcing has been the designated 'bad word' to industry workers the last several years but continues due to the enormous cost benefits derived by the company doing the outsourcing. Outsourcing, however, has changed the last several years from a scenario based on 'how much money can we save?" To a scenario of 'how do we (as a company) become more proficient and cost effective by outsourcing?"

As an example of the savings due to integrated operations, Businessweek stated in a recent article, "when a manufacturer asks Penske to arrange for a delivery to a buyer, Indian staff helps with the scheduling, billing, and invoices. The $15 million in direct labor-cost savings are small compared with…. [read more]


World Poor Thesis

… ¶ … aloud or in writing, making the reflective report exercise a valuable addition to the learning process. This reflective report recounts the events that took place during the research process for the study, "Identifying Marketing Opportunities to Combat Global Poverty," including a recollection of individual experiences, the personal feeling and learning that were experienced, as well as the group dynamics and learning that were derived from the experience. A review of lessons learned that can be used in future projects is followed by a summary of the reflective report entries in the conclusion.

Recollection of Experiences

Perhaps the overriding perception that emerged during the earliest phases of the research process concerned the extent of the problem of global poverty and how it affected the…. [read more]


Market Failure an Analysis of the Auto Essay

… Market Failure

An Analysis of the Auto Industry as a Market Failure

Of all market failures over the last ten years, the greatest one continues to be the melt-down of the American auto industry. Having completely lost touch with the concept of cost efficiency in their supply chains, while at the same time getting out of step with customer demand led to many of them teetering on the edge of bankruptcy. Only after the U.S. Government chose to initiate a massive bail-out did this segment of American manufacturing survive (Hortaccsu, Matvos, Shin, Syverson, Venkataraman, 2011). If this industry had averted market failure by concentrating first on the changing needs of consumers while at the same time using technology to automate and simplify every complex process,…. [read more]


Fedex Marketing Plan Marketing Plan

… ¶ … marketing strategy of FedEx, examining services offered, place held in the market and its competitive advantages and disadvantages in the shipping industry. Beginning with the issues analysis, competitive strategies, product positioning, pricing, promotions, and overall marketing efforts will be suggested. Though the market leader in the overnight (express) delivery segment FedEx should not rest on its laurels and should continue to target businesses who are currently using them to ship urgent freight, thus increasing its market share in that segment. Additionally, in order to create more convenience for the general consumer FedEx should consider creating a relationship with another corporation in order to set up drop centers or shipping services in their stores and implement an appropriate media plan to target customers.

Overall…. [read more]


Framework of Collaborative Design for Build to Order Supply Chain Term Paper

… ¶ … Collaborative Design for a Build-to-Order Supply Chain

Globalization

The Big Picture

In an effort to meet customer, stakeholder and shareholder expectations, many organizations have had to adopt unique supply chain management methodologies as well as to incorporate them into their corporate objectives and strategies. Unfortunately, these efforts do not always meet a firm's needs because of the fact that globalization and other factors such as industry innovation and new technologies constantly force these companies to reevaluate their existing methods and lines of reasoning. Today, 'fix it even if it is not yet broken' can be considered to be an accepted business philosophy. Companies understand that the benefits of constructing collaborative operating processes throughout the supply chain are a must.

The objective of this…. [read more]


Human Resources Management - Maintaining Term Paper

… For his efforts, sales increased by more than 9% and total shareholder return rose by 56%. To leverage this success, Martinez created a core group of senior executives known as the Phoenix team. The charter of this team was to duplicate the success by creating a plan to implement and sustain the changes across the entire organization. Using an employee questionnaire, the group determined that employee attitudes correspond to customer satisfaction. They perfected a model that indicates that a 5-point improvement in employee attitudes will drive a 1.3-point improvement in customer satisfaction. Moreover, the increase in customer satisfaction drives a 5% increase in revenue growth. The bottom line result was an additional $200 million in revenue resulting in an increase of nearly a quarter of…. [read more]


Report on Corporate Responsibility for CEO Case Study

… ¶ … Products and Services That the Company Outsources From Other Countries

The problems facing our supply chain

Remedial actions to solve the supply chain issues

Human rights abuses and perceptions of inequity

Poor government structures

Competitive advantage through improved and streamlined supply chain process

Environmental problems

The information that needs to be given to the stakeholders

Explain the actions that you think the company should take to address these issues

Recycling

What information do you need to make available to stakeholders?

What opportunities might environmental issues create for your company?

This is a case study of a food manufacturing company that is headquartered in Yorkshire in the North of England. The company underwent a merger and is experiencing problems with its value chain process.…. [read more]


Fiat's Fall From Grace Can Fiat Turn Thesis

… Fiat Case Study

Fiat, once a global leader in auto manufacturing, is more challenged than the majority of other global manufacturers by the ongoing recession due to several macro and micro environmental factors. Despite their many strategic challenges as discussed in the case, the company has prospects globally due to their expertise with small car manufacturing. The intent of this analysis is to examine the extent of how macro and micro environmental factors influence Fiat's current condition. A SWOT analysis and a summary of the best potential options available for the auto maker is presented at the end of this analysis based on the research completed. The company's many macro-environmental factors are exacerbated by the current status of the global auto industry and the bail-out…. [read more]


Historic Process by Which Strategic Compensation Arose Essay

… ¶ … historic process by which strategic compensation arose.

Strategic compensation strategies would be initiated by the sense amongst organizational decision-makers that financial incentives and hierarchical pay structures are not alone sufficient to explain that which motivates performance success and organizational commitment. In consideration of this subject, a history on the subject begins with Maslow's hierarchy of needs, which are reinforced by the commonly high priorities found amongst personnel in organizational settings. Specifically, Maslow cites such conditions as the need for self-actualization, for socialization and for personal security all as having a direct bearing on the ways people will tend to prioritize when making major life decisions such as where and how to work. Here, history would begin to demonstrate "the assumption that motivation comes…. [read more]


Meaning of Work and Its Impact on Doing Business Internationally Term Paper

… ¶ … Business Internationally

The search for implication at work is a lesson that attracts the concentration of an increasing number of writers. It is a recognizable search acknowledged by most people those are engaged, whatever may be their profession. Utmost effort is being exerted to make our own professions meaningful and as with others at work we require the different modes of performing so. We also visualize the question stemming among our clients. We are scarcely retained ever to deal with the question of meaning but it is crucial in almost every organization we serve. The clear understanding about authentic strategies in the ways of finding meaning at work may entail as insights for dealing it specifically. The concept of 'meaning at work' it…. [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]

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