The aim of this report is to carry out a comparative analysis of two organizations on how they differ in the way they are operated and managed. The researcher states that the success or failure of an organization depends on how an organization is managed…
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onalities are calm, relaxed and secure; agreeable individuals are cooperative, tolerant, trusting; conscientiousness persons are dependable, responsible, achievers while openness includes intelligence and creativity among others. The management can thus assess individuals and classify them based on these traits and offer them varied experiences to elicit productivity and good performance. For example, conscientious individuals can be given leadership roles since they are responsible and dependable while those who portray openness can be entrusted with projects due to their creativity. The problem with trait theories is that they are unable to explain individual differences in personality. Another problem is that an individual may not behave in a similar manner in a different situation thus personality assessment during recruitment or selection based on traits may be unreliable. The person may not be able to produce results when placed in a different situation hence the theory is not a good predictor of behaviour (Ewen, 2003). The behavioural theorists emphasize the interaction of individuals and the environment. Theorists like Skinner and Watson believe behaviour is learnt through operant and classical conditioning (Ewen, 2003).The stimulus in the environment forces individuals to act in certain ways and behaviour is reinforced through rewards or discouraged through punishment. They believe that people are born empty and gain personality through a processes of association (Engler, 2009). The management can thus change people’s personality by providing them with a proper working environment and by reinforcing behaviour through reward system. The management has to decide the kind of behaviour required in the organization and reinforce it. The psychoanalytic theory by...
This research is the best example of comparison of Biogenta plc and Outback Inc. Biogenta plc is a multinational company with manufacturing facilities in over 10 countries and a span of 15, 000 employees in over 80 countries. It is a world leading business dealing with crop protection products such as herbicides, fungicides and insecticides. Its mission is to be the most trusted provider of crop-protection products in the world and has a set of values embedded in its culture to foster performance. It encourages diversity and corporate social responsibility and has innovation as its strength. Outback Inc on the other hand, is a family managed organization operating in Sydney, Australia. It is an adventure based tour company established in 1990s and has grown from a small size to moderately sized company offering a variety of services such as guided tours, accommodation and meals. The company has no clear vision or strategy to guide its actions and depends on Japanese clients. A lot of problems such as declining profits, high turnover and loss of clients are being experienced in the company due to poor management and organizational culture. Both organizations operate in a turbulent environment but Biogenta operates in several countries hence it may be affected more by diverse cultures. Outback has also to deal with individuals from different cultural backgrounds in its service provision but mostly deals with Japanese nationals and does not have to deal with complex management issues associated with international human resource management.
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(Biogenta Plc and Outback Inc Essay Example | Topics and Well Written Essays - 3250 Words)
“Biogenta Plc and Outback Inc Essay Example | Topics and Well Written Essays - 3250 Words”, n.d. https://studentshare.org/management/1396594-biogenta-plc-and-outback-inc.
Company’s reputation is now a part of its success because, as the business world is developing, consumers and other stakeholders lay more and more responsibilities on businesses. Furthermore, being active members of hosting societies, businesses are expected to voluntarily help those societies or their environments (Cramer and Bergmans 2003, 2) in order to deserve consumers’ trust and loyalty.
This paper will attempt to understand, briefly, the organisational behaviour of two organisations by exploring the important entities under the umbrella of organisational behaviour such as organisational culture, organisational structure and design, dynamics of teamwork and approach towards leadership and management.
During the 20th and 21st centuries, the economic boom was at its peak. Due to this fact, a substantial number of financial institutions and companies were founded and traded. Therefore, investors, government, businessmen and institutions were to decide and select the best possible combination of companies to invest so that they could increase their wealth by investing in an appropriate portfolio.
Biogenta is a firm that deals with producing special chemicals and fertilizers for the protection of crops. These chemicals include herbicides, fungicides and insecticides. The firm is operating as any big corporation would by keeping its supreme values in mind and catering to the special needs of the employees.
stores of Outback Steakhouse following an Australian style theme with an adventurous outdoor facility for the customers. At the beginning the company is financed by friends and family for the partnership but later during the year 1990 friends of the three entrepreneurs approached for being the franchise of Outback Steakhouse and the company started expanding into the business with joint ventures and franchise scheme.
Outback Steakhouse Name Instructor Course Title Date Outback Steakhouse Outback Steakhouse is a dining restaurant chain in Tampa, Florida. It has more than 1200 locations in more than twenty-two nations all over “Australia, North America, South America, Europe, and Asia.” It was established in 1988 and currently stands out to be one of the best chains of restaurants all over the world (Jackson and Randall, 2008).
Simplistically, shareholders gain from holding a company's stocks in two ways-dividends and capital gains. While dividends are parts of the firm's profits which are directly distributed by corporations to their shareholders, capitals are profits which arise from the appreciation of the stock price from its purchase price.
This analysis has been done with the help of various financial ratios that are known to be specifically helpful for different stakeholders and users of the company’s financial information i.e., company’s management, investors and lenders. All the data for ratio calculation has been obtained from the companies’ annual reports and financial statement for the year 2004-2005.
Sociologist's main attention was on variations across time as well as national, ethnic, and class lines, they gave little importance studies of across cultures.
The incest taboo can disclose the real meaning of society because it is responsible for constituting society.