We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Foundation Business Management - Essay Example

Comments (0) Cite this document
Summary
Foundation Business Management Contents Contents 2 McDonald’s 3 Model of Management 3 Management Structure 3 Culture of the Company 4 Mercedes Benz 4 Model of Management 4 Management Structure 4 Culture of the Company 5 Microsoft Corporation 5 Model of Management 5 Management Structure 6 Culture of the Company 6 References 7 McDonald’s Model of Management The operation of McDonald’s is based on the management model of rendering the employees with the required resources to help them provide the best possible service to the consumer base…
Download full paperFile format: .doc, available for editing
Polish This Essay98% of users find it useful
Foundation Business Management
Read TextPreview

Extract of sample
"Foundation Business Management"

Download file to see previous pages These leaders create a winning field through effective planning, decision making and team working thereby rendering productivity in each of the different business units of the company. Thus McDonald’s works on the management model of employee empowerment in empowering the individuals to take business and customer servicing decisions on their own (Daft and Marcic 441). Management Structure The organizational or management structure of the firm reflected large amount of decentralization which is focused in the Organic Approach. The organic approach reflects that organizations working in a decentralized fashion turns all the more complex in nature. It is observed that McDonald’s through the decentralized approach helped the individual business units to become business leaders on their own. These units spread along various regions of the world need to be managed in an integrated fashion by the central head quarters of the company. These units also differentiated largely based on varying tastes and cultures and hence needed to mutually adjust their needs so as to fit the corporate culture of the business organization. Henceforth it is observed that the organic structure of McDonald’s is highly complex and decentralized in fashion. Further the units in such management structure become highly differentiated and thus needs to be closely integrated with the corporate philosophy (Hill and Jones, 427). Culture of the Company The culture of McDonald’s are composed of a diversified variety of people belonging to different regions of the world. Diversified organizational culture also emanates owing to the varying tastes of the consumers pertaining to such regions. The company in order to address the needs of such people belonging to diversified cultures is found to change their organizational policies. Thus the company changes both the product and servicing policies in order to fit both the western and Asian cultures in a simultaneous fashion (Stanford). Mercedes Benz Model of Management Mercedes Benz mainly operates based on the philosophy of management innovation. The company in order to gain enhanced market share in the different nations works to innovate newer business processes and to produce newer designs. The process of innovation helps the company to meet the changing needs of the consumers and thereby adapts to the changing scenarios and periods. Working on the innovation process the company decided to open up overseas branches and also incorporated the business model of acquiring other automobile firms in foreign countries. These policies and innovative models helped in enhancing the potential of the automobile manufacturer to compete effectively while operating in foreign countries (Albaum, Duerr and Strandskov 48). Management Structure The study of organizational philosophy of Mercedes Benz reflects that the organization renders increased priority to the model of innovation. The company through the model of innovation works in meeting the changing needs of the consumers based along different periods and regions. Mercedes Benz to foster such innovation works on a decentralized fashion. The people pertaining to the different units are granted the power to make ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Foundation Business Management Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Foundation Business Management Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/management/1436405-foundation-business-management
(Foundation Business Management Essay Example | Topics and Well Written Essays - 1000 Words)
Foundation Business Management Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/management/1436405-foundation-business-management.
“Foundation Business Management Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1436405-foundation-business-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Marketing Management: Child's i Foundation
It is evident from the research that Child's i Foundation is the only charity foundation to have been named in a listing of the foremost "social brands" put jointly by the brand consultancy Headstream. And also this foundation is a non profit motive organization. This foundation mainly thinks about their growth with the intention of enhance the charity activities.
10 Pages(2500 words)Essay
Earthquakes on the Chamman and Chiltan Fault Lines in Quetta Pakistan Specifically in 1935
Earthquakes on the Chamman and Chiltan Fault Lines in Quetta Pakistan Specifically in 1935 ‎ The twentieth century has bought a series of deformations that are earthquake related and lie in the western region of British India, now Baluchistan in Pakistan.
9 Pages(2250 words)Research Paper
Foundation Degree Hospitality Management
The assessment of financial and operational performance of an organization can be accomplished through the use of ratio analysis. This is achieved by evaluating the relationship of different figures generated from the company’s financial statements. A number of performance indicators are derived from these figures.
3 Pages(750 words)Essay
Business foundation
The high concentration of universities and colleges renders it easier to reach the target market via targeted advertising. Choices Nightclub will be the leader, high-energy, themed dance nightclub in Oxford. The goal of the club is to remain at the forefront, ahead of the competitors by offering exemplary services.
4 Pages(1000 words)Essay
BUSINESS FOUNDATION-ORGANISATION AND THE ENVIROMENT
The involvement of the local personnel is important to increase the time spent in the work. Presently the company hires employee locally to be effective in the management of the children in the area. The SMOSH Ltd. is a competitive company. With its low
3 Pages(750 words)Essay
European Foundation for Quality Management (EFQM)
izational performance (in terms of the quality of services and product offered to the public) has been proved to be the most appropriate solution for the effective measurement of firms’ performance within the international market. In accordance with the official site of
8 Pages(2000 words)Essay
Foundation of business psychology
Another is the characteristics of the individuals that can contribute to the welfare of the business organization. In the study undertaken, the main focus is the personality of the individuals. The said concept is explored through the
4 Pages(1000 words)Essay
Foundation Business Management
Management structure and model depends on the business climate and culture of the community in which the company operates. For example, it is difficult for Microsoft to manage their operations in America and China in the same
5 Pages(1250 words)Essay
Foundation of Human Resources Management - annotated bibliography
The author claims that these important changes have crucial implications for their human capital and their human resources functions and goes on to answer questions such as: Are organizations changing their human capital
4 Pages(1000 words)Essay
Corporate Responsibility and Marketing Strategies
The implementation of innovative products and marketing strategy by Apple has blazed the line for the electronic products. The Apple brand for millions of consumers embodies innovation, quality and prestige. The success stems of Apple Corporation are believed by many
7 Pages(1750 words)Assignment
Business Foundation Management
In 2011, Netflix Inc. announced that it had made changes to its pricing structure of the consumers. While initially, the investors and stakeholders seemed to love the decision of changing the consumer pricing structure, consumers had the debatable right of being
2 Pages(500 words)Assignment
Let us find you another Essay on topic Foundation Business Management for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us