Management Essays

The two companies rely on a marketing mix to ensure that their smartphones get higher sales. The marketing mix encompasses pricing the product highly in a strategy known as price skimming or lowly which is described as penetration. Apple in selling iPhone relies on price skimming where its products are priced higher.

The manager is responsible for establishing and maintaining an effective system of internal control for the organization. The internal control of the organization is maintained by the application of the control mechanism in the field of control environment of the organization, accounting records and adopting controlling procedures.

This emergence of global interconnectivity due to the availability of internet has wiped off the geographical barriers in the context of communication and has been highly instrumental in providing seamless communication of people living in every part of the world, irrespective of the differences arising out of the various time zones.

Strategic management is a multidimensional concept and the study cannot cover all the aspects of strategic management. The study will focus on a particular concept of strategic management in order to create a cogent representation of the assignment topic. This report will analyze Michael Porter’s generic competitive strategies from the viewpoint of theoretical concepts and real-life applications.

During this era Adam Smith, popularly known as the father of economics wrote the book titled ‘The Wealth of Nations’ where the author has portrayed the significance of specialized production and also illuminated on international trade within the range.

FMCGs is a market that is very competitive. The consumers driven by trust stick to a particular product until their trust is broken by any adverse news. During recession, this loyalty will sustain the sale and movement of FMCG products up to a certain degree when the FMCG cost cannot be afforded by the consumers anymore.

A hotel in the cosmopolitan city is a confluence of people with diverse nationalities and cultural backgrounds, where every communication with reference to hotel booking, travel, room service or food needs to be precise for building up a reputation. This paper aims to study the impact of miscommunication on the operations and customer relations.

However, there is no single method or model of relationship marketing that can be applied to any situation, so there have to be variations. The objectives of relationship marketing are not weak, but they are not rigid so they can be changed, depending on the situation they are needed for.

This paper described leadership styles in relation to the theoretical approaches and management concepts regarding leadership. This essay considers leadership qualities of two leaders in Microsoft in order to find what specific qualities made them successful in their organization and to examine how consistent they were in their leadership behavior.

According to the report change management and innovation has evolved as the main focus of the ever expanding body of literature in the recent times. Effective management of organizational change and innovation has been viewed as a central phenomenon for companies. The attainment of successful change is a matter which remains open to debate till date.

As in the past, it is the managers that the companies will rely on in order to bring their plans into fruition. To do so, managers still has to effectively perform their inherent functions of planning, leading, organising, staffing and controlling (CliffsNotes.com 2011).

utions work in extremely dynamic market places which call for the ability to make use of right change opportunities while demonstrating flexibilities to cater to the changing organizational requirements over time. The right selection of change initiatives is considered fundamental and crucial for the company’s success.

 Supervisors and their subordinates engage in a lot of conflicts that result in reduced productivity in many organizations. The conflicts may be as a result supervisors been untrained on how to handle issues that create problems with the communication of the supervisor and subordinates, this promotes low esteem. 

What is DDM? Different synonyms used for it are ‘rapid manufacturing’, ‘additive manufacturing, or just ‘fabbing’, which indicates its relevance in different businesses, particularly worrisome has been its propagated impact on the logistics industry. Eyebrows are getting raised over the potential of DDM in cutting the demand for logistics services, as products would be manufactured at the place of demand or use.

As a part of it, there is employee and personnel supervision, customer service, and food sanitation and preparation. The second interviewee was Mr. Mark of The Body Shop. Responses to interview questions When the question as to what he perceives as the difference between management and leadership, if any, Mr.

The issue of ethics in governance and business dealings has affected huge corporations like Enron, Global Crossing, WorldCom, Tyco International, Anderson, Adelphia Communications, Merrill Lynch, Parmalat, etc. Such organizations have been involved in unethical practices which have resulted in the collapse of stock markets.

The most desirable option to take is alerting the involved people that authorities have been summoned, and he will be forced to unfold what is behind the new test. He should clarify to them that his respect for legal requirements and professional integrity cannot allow him to be dishonest. There should also be an emphasis on representing Z CORP.

This was efficient enough to learn the various styles of learning. From here, the author selected the method that was effective and truly applicable to me. The author sought the learning style that generally involves a thorough study, questioning the concepts learnt, consultations with the teachers, and reference to further study literature.

At present the company’s reach increases far beyond the city of Georgia and even far beyond the United States. Coca-Cola has now become one among the most recognizable business corporations in the world. The brand of the company is now considered as “one of the five most recognized symbols in the world”.

Management plays an effective interpersonal role in an organisation. I have learnt that all managers are expected to perform duties that are symbolic in a company. For instance, the management is responsible for hiring, training, motivating as well as disciplining the employees.

Teams congregate the efforts of each individual and generate synergetic outcomes in the organization. The analysis of team performance bears a positive link with the coordination, creativity, and cooperation existing team. Today’s organizational scenario demonstrates highly complex and multifaceted work structures which call division and subdivision of work units among members.

 Technology has significantly evolved and is now being used by consumers and businesses alike. Over the past two decades, business has been marked by the transition from cumbersome and large mainframes to PCs that occupy small areas and offer increased capabilities. 

It's pointed out that ethics and moral problems solving process is a vital objective in every organization. To harmonize business and ethical practices, managers should concentrate on human relations rather profitability. Unethical practices raise questions among the stakeholders and the community at large.

Strategic performance management encompasses the process of systematically steering an organization in line with its mission, aims, and strategies. Key performance signs and vital success factors are used to measure strategic performance. These performance measures also help in identifying corrective actions.

Globalization has resulted in increased markets, as well as opportunities for greater revenue margins and growth. On the other hand, increasingly diverse markets encompass a vast array of expectations and needs, which organizations need to appreciate in order to enhance their relationships with stakeholders.

According to the report Nokia by partnering with Microsoft has launched two new Smartphone, Nokia Lumia 820 and 920 and according to analysis Nokia with the help of Microsoft within six months of its launch has recorded a pretty decent growth rate in US and expected to increase more globally.

Dubai is one of the countries in the Middle East that has varied cultural beliefs, social norms and traditional values. Islamic is the official religion for Arabs and they have varied social norms; thus understanding the cultural environment by the ventures conducting business in Dubai is essential.

In order to improve customer service, the organizations need to follow certain effective practices such as forming effective training programs related to customer services and building a customer-centric culture among others. In relation to Apple, the organization needs to develop its customer services by introducing more enhanced online services.

A company is comprised of members who are employed in order to ensure the effectiveness of the company, and also so that the maximum potential of a company is reached. With proper leadership, workers of a company are motivated to work as a team even though they are in different ranks in a company in order to ensure its survival. 

The challenges and disadvantages of Nokia in its partnership with Microsoft are mostly short-term. There are tremendous opportunities in the long-term relationship and both companies should work hard in marketing and developing their products. The benefits involved, however, outweigh the risks since Microsoft and its products are aligned with Nokia’s objectives.

No Extra Inventory strategy also eliminates any kind of inventory that is unnecessary. Instead of manufacturing products with the hope that it would sell in the future built to order process manufacture only those products that have been already ordered by a customer. Therefore it saves the overall cost.

Based on one’s personal assessment of employability skills, the following are hereby categorized as one’s personal strengths, weaknesses, opportunities, and threats SWOT, as presented below: Strengths: Due to the course modules taken as part of the business degree program, one’s personal assessment has identified strengths in self-management, communication, and literacy, as well as possessing a positive (can-do) attitude.

Formal and informal communication and information sharing are facilitated through networking. It provides opportunities to establish and develop relationships which are provided, thus helping in clarifying boundaries. Successful networking is built through the development of trust, respect, and understanding that result due to successful networking.

The author states that during the change process, it becomes apparent that the basis of principles and values are dictated by underlying cultures. The conditions that exist in the American companies are different from those of European continent in relation to criteria that are important for change strategies.

As shown in the case, a polite way is advocated when dealing with personal matters such as cleanliness so as to avoid insulting the person involved. It is not advisable to confront the person involved since this can be a source of conflicts in the organization.

One of the interesting facets of change and change management is the many different theories surrounding the ways in which change can and should be integrated within different organizations, within different groups, and via different means. As such, it is oftentimes impossible to come to a broad overarching framework with regards to a fundamental way in which change should be effected within a group.

While leadership theories and concepts continue to evolve, there are numerous trends that symbolize leadership thought over the 19th through the 21st century. The theories do not pursue a firm sequential pattern, although the models may be grouped by era. Leadership has evolved through eras of the Great Man theory, trait theory, behavioral theory, situational theories, and contemporary theories.

Every group anywhere concerned with any operation must have a leader and the type of a leader in any of such groups is the prime determining factor used in gauging the performance of a group and measuring the success of the same group in carrying out her responsibilities to achieve the desired goals and objectives.

Role of Diversity in Non-profit Management. The organizational setup in the contemporary times supports the concept and practice of diversity and pluralism in the workplace. The term ‘diversity’ has been in enormous discussions and debates over the years to understand the real essence behind this term.

The organizational culture in Enron Corporation that is the subject of the movie is very wanting. The values held by the organization do not uphold upright integrity. This is evident since the management team diverts the corporation’s money to offshore accounts. The lack of integrity is also evident as the executives end up with criminal cases.

The use of social media such as Facebook and Twitter guaranteed McDonald's the possibility of attracting mostly the youth in using their products. With that in mind, Mcdonald's ventured into mainstream technology such as Wi-Fi hotspots, internet terminals, as well as web-based games for children in its stores. 

In this case, strategy mapping has been applied in processes of facilitating learning and growth in various organizations, while balance scorecard is used in implementation and evaluation process (Sharma, 2012)

I have selected the topic of differences between leadership and management. Earlier, I used to put both philosophies in the same category but now I have realized that there are some conceptual differences between the two philosophies. Leadership refers to the act of providing people with the right direction towards the achievement of organizational, social, or political goals and objectives.

The HR management’s role in developing and training employees has broadened. The human resource management covers a wise investment in their employee’s education and development for better performance and improvement in their work. Training is defined as equipping learners with definite knowledge and skills needed.

This has forced companies to try and evolve their operations and how they interact with their customers so as for these companies to be able to survive in this fast changing environment. The changes taking place in the various companies have not been limited to only a single aspect of the business operations and companies are now adopting various changes that have seen them generally changing every aspect of their operations as opposed to changing only a single aspect of their operations.

Social enterprises are profit-generating businesses established to tackle environmental or social needs. Rather than being operated in the best interests of shareholders or a private owner, social enterprises are meant to yield profits, which are re-invested with a social objective, to afford local employment as well as spend money within the local economy.

Although the company (Sony Music Entertainment) considers self-expansion via capital projects as an alternative strategy to the merger, it would face additional complexities under this new scenario too. Sherman (2011) describes six types of capital investment projects including replacement, expansion, rationalization, development, mandatory, and others (pp. 141-142).

The cost of absence due to UK’s epidemic has been approximately ?6.5 billion per year. The organisations never had a better time for the re assessment of their processes, since now. Centre for Economics and Business Research (Cebr) has contributed for this research (health-matters, 2013).

The issue of health care insurance and high spending power on health care is increasing at an alarming rate in the United States. The research study revealed that the state is spending too much on health care, which is increasing because of the high level of capital income, unemployment level, and economic crises.

It is expected that, answering such questions will definitely help the researcher to understand contemporary issues in management and increase knowledge of the researcher in comprehensive manner. Question 1 (Option B-Creativity in Organization) Kafetsios and Zampetakis (44; 710-20) defined creativity as the set of personal traits of an individual which helps the person to approach a problem a whole new manner or innovate a new process by gathering knowledge from external environment.