Sustainable management future Assignment Example | Topics and Well Written Essays - 1500 words - 1

Sustainable management future - Assignment Example It is a crucial aspect for marketers to understand the expectations and ethics within cultures that may influence their business transactions. An understanding of the cultural basis for ethical behavior in various countries may arm marketers with the necessary knowledge required in succeeding across the multi cultural businesses. Implementation of such knowledge with a clear sequence of managerial guidelines may actualize the value of such an understanding (Fisher, 2013, 2). In essence, culture is one of the factors that influence the ethics of a business. According to the Random House Dictionary, ethics refers to the rules of conduct that are identified in relation to a specific class of human actions for a specific culture, or group. Different cultures have different rules of conduct. The essence of this paper is to examine how different ethics and values can be reconciled when doing business across different cultures. Our goal is not to identify the ethical or unethical practices. Rather, the objective is to understand these variations and outline a way of how to reconcile them for effective performance. What is significant is that some cultures may view such practices with different levels of condemnation. This presents a problem for managers who are engaged in cross-cultural transactions. Such managers have to anticipate and manage such variations in an ethical behavior that is grounded on the cultural differences (Armstrong and Sweeney, 1994, 34). The purpose of this paper is to identity how different ethics and values can be reconciled when doing business across different cultures. Media today is awash with stories that highlight domestic and international unethical behaviors of managers. Such behavior may include bribery, illegal contributions, sale of defective products, hiding information and other vices. These incidences are a representation of personal or organizational misconduct and portray an ignorance or violation of an ethical framework. The

Capstone Experience (Business Metrics) 2 Assignment

Capstone Experience (Business Metrics) 2 - Assignment Example Current ratio helps in calculating the firm’s ability to pay its short-term liabilities. It is calculated by dividing the current liabilities with the current assets (Mowen, Hansen, & Heitger, 2011). Using the on time delivery indicator to predict stock-out helps in measuring the operational efficiency of the business unit (Bidgoli, 2010). This follows from the derivation of information that ensures that the unit maintains sufficient stock for its operations. The gross operating profit per available room measures the competitiveness of the unit. This follows from the use of the rates to give measures that can maximize profitability of the unit. The current ratio seeks to measure the decision-making capacity. It gives insight into the prevailing financial situation, thus prompting appropriate actions to safeguard financial stability. The business unit seeks to maintain good relations with creditors. Therefore, the current ratio helps the business unit to preserve the trust of the organization’s creditors, by showing when there is need to negotiate with them on payment. The gross operating profit per available room assists the business in seeking a competitive edge in its operations. More to these, the stock-out predictor aligns to the unit’s strategy of promoting customer satisfaction (Stair & Reynolds,

HRM exam preparation Essay Example | Topics and Well Written Essays - 1000 words

HRM exam preparation - Essay Example Simply put, these are regarded as beliefs that often incline businesses as well as the individuals to act in certain ways which are different from the others. Values range from financial, political as well as religious among others and these often shape the way an organisation operates towards the attainment of its goals. In an organisation, there is a generally accepted way of doing business and this is widely regarded as the blueprint that is responsible for shaping the way people behave in an organisation. Against this background, it can be noted that attitude is primarily concerned with shaping our feelings towards something. These feelings can either be positive or negative depending on the nature of the situation existing on the ground. It can be seen that attitude is shaped to suit the needs of people involved. Valence is the degree of positive or negative feelings about an object while centrality is the extent to which attitude is part of the person’s self. Each individual has an attitude that helps define his personality. Interrelatedness is another character of attitude which is related to the other attitudes while stability posits to the effect that attitude is resistance to change. Specificity is the degree to which attitude is specific to a particular attribute while salience is the degree of awareness of holding an attitude. Basically, attitudes are man-made and they are part of an individual’s psychological make-up and develop and change in response to the person’s current needs. Each and every individual person has a peculiar attitude that distinguishes him from the others. However, it has to be noted that we are not born with attitudes but these are learned especially from parents, family, peers as well as workmates. Work-related attitudes are of importance to many organisations and because they have potential outcomes that could be beneficial, the two that

Case Study Analysis Google Inc. in China Term Paper

Case Study Analysis Google Inc. in China - Term Paper Example Compliance to Chinese law conflicts the process of conducting a successful business model for companies such as Google. When attempting to circumvent various govern-ment-sanctioned filters, consumer freedoms are at risk from authorities charged with Web surveillance. Concurrently, defying sanctions that are not aligned or considered appropriate for Western nations such as the United States can lead to significant business disruption if (or when) the government demands complete deconstruction of Internet services such as Google. Thus, personally speaking, the regulatory environment in China creates a conflict of interest within the business model as it pertains to providing excellence in service and maintaining a filtered Web presence that does not sustain revenue growth or even brand reputation. B. State what you are bracketing:5 Â ¶ Personal values associated with a firm belief in the democratic process and consumer independence must be removed to avoid bias when analyzing the case study. The socialist doctrine that has replaced long-standing communist values would, according to various theories, be associated with promoting liberties for consumers and giving them more ownership over business and personal lifestyle. An enduring and genuine distaste for oppressive regimes must be bracketed to avoid incorporation of personal values associated with analysis of the case study. II. The Situation6: A. List the facts7 relevant to the issue(s) identified: Â ¶ Deciding whether to defy regulatory authorities to provide a richer and more liberal Internet experience is conflicted by the high volume of policing officials dispersed throughout China. The sophistication of Chinese filtering poses many risks to a business model that is designed to extend breadth of knowledge to consumers, having built this capacity in a free nation where such issues are not a business risk. From human capital to technologies, non-compliance to regulatory demands is going to be noticed by gov ernment regulatory forces and, thus, businesses providing Internet content cannot avoid these filtering obligations if the business is to remain sustainable in a foreign nation. B. List the facts that comprise the historical context relevant to the issue(s) identified: Â ¶ The physical structure of the Internet in China that was developed since allowing Internet services in 1999 provides ample opportunities for enforcement of laws associated with content sanctions. Furthermore, recruitment of private citizens in the enforcement and reporting processes seriously conflict attempting to avoid establishing government-mandated controls and filtrations and expanded the reach of enforcement against these laws. The totalitarian regime in China is long-standing, developed under previous communist-oriented government frameworks. The Chinese government also was not forthcoming in establishing clear and concise frameworks to define compliance to Internet censoring. Lack of clear language made the process of complying with laws, while also attempting to improve profitability in China, created a need for innovation at Google to satisfy

Freemium bsiness model Essay Example | Topics and Well Written Essays - 250 words

Freemium bsiness model - Essay Example A number of companies that have applied the use of freemium business model in their operations have experienced high profits. It is axiomatic to argue that when a free service is launched in the market, it will be easy to get many customers. The marginal cost which is incurred is usually very low when this model is used, besides, one user can invite other users who might be interested. In marketing, it is very important to apply network effects, because the moment one person appreciates a product, it will be very easy to attract others. For example, a phone can only be useful when you can use it to call another person. Companies therefore introduce free basic products to attract many users to it (Schlie, 2011). Web Notes is one of the companies that applied the freemium business model. It is a start up that has created technology to make researchers and professionals work much easier. This company has ridden the freemium to a financial success with almost double in their revenue from the little initial investment of $35,000. They advanced a PDF annotation capabilities that has got an amount tagged to it. They offer two paid options to users’ i.e. pro subscription and multi-colour annotation that entails coaching and sharing notes through RSS feeds. The premium version, which is charged at $300 annually, supports administration and monitoring, and Web Notes is swimming in the oceans of success because of its freemium business model (Wrox, 2011). Despite the successes of Web Notes, this model brought with it some challenges, one of which is getting lots of users, who must be returning users, because they must stick around to love the product. The model also takes a long time to be profitable because users can take longer to appreciate it and convert value of the product. For Web Notes, it took almost two years to start realizing profit when they introduced paid

Hookah Assignment Example | Topics and Well Written Essays - 250 words

Hookah - Assignment Example Thus, it has developed a positive perception on people. The spread of hookah smoking is because of the perception of the society. Most people forget that it has a relation with cigarettes. The society chose to associate it with being greatness. the youths find it fun smoking the drug. However, because of ignorance, the society has accepted it. Other drugs have a negative perception because the side effects are eminent. there is a raised awareness on the effects of being under the influence of cigarettes. In addition, the difference in methods of consuming hookah and cigarettes, makes it difficult for one to establish a direct relationship (Nauert). The structure of consuming hookah tends to make the user think that it is purified. This positive perception contributes to spread of diseases in the society. It will create a health hazard . It will be only after people start suffering severely that the perception on hookah smoking would change. The youth perception is to blame for the increasing use of

Safety and health policy of the Unit operation laboratory Research Paper

Safety and health policy of the Unit operation laboratory - Research Paper Example Such a policy should be clear, easy to understand, guarantee a safe and healthy environment, and should relate to job requirements and responsibilities of any party in an organization. Additionally, it reflects in the way the management prioritizes and focuses on health and safety issues (Health, Safety and Environment Office). Management commitment Safety and health policy It is the core duty of the management to ensure high value of the safety and health of its employees and other stakeholders. This entails the provision of a safe workplace with better health conditions with an aim of preventing injury and illness. Actually, the safety and health policy is an initiative that involves the management, supervisors, and employees of a given organization seeking to curb, identify, and eliminate all safety and health risks that accrue in a working environment. The basis of the safety and health policy is the declaration by the management that the health and safety of all parties is supre me in an organization. ... loyees should take necessary precautionary measures, promote and maintain safety in the workplace, and take requisite actions towards eliminating any safety and health risks. Additionally, the management bears the responsibility of formulating and providing the necessary resources for the communication and implementation of the policy. Moreover, the management establishes a safety committee, trains employees, and supervisors on the provisions of the policy, and ensures unity of purpose in its implementation. At the same time, the management establishes a system for identifying and responding to safety risks and subsequently creates a disciplinary policy to guarantee total compliance to the safety and health principles as enshrined in the policy. Indeed, OSHA states that the commitment to safety and health starts with management. Indeed, it recommends a number of actions to the management to prove commitment to the health and safety policy in an organizatio n. It recommends that the management should clearly state and communicate the objective of the safety and health policy to all parties of a reference organization. The management should equally involve its employees in making decisions that will influence their safety and health in the organization. In addition, OSHA relevantly recommends that the management provide the requisite moral, technical, and financial support relating to the establishment and implementation of the policy. Furthermore, the management should involve, assign, communicate, and authorize respective safety and health responsibilities to all departmental heads and staff. In addition, OSHA recommends that the management should hold all employees accountable for discharging their safety and health responsibili ­ties.