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Define the personal impacts of a racially diverse workforce and give an example.

A racially diverse workforce can front varying impacts on personal grounds. It is difficult to cope up in a racially and culturally diverse workforce due to massive disparities that define the phenomenon. A racially diverse organization can revolutionize its service provision aspects and how it treats its respective clients. Another...

What is the purpose and mission of a Project Management Office?

A project management office is a department within an institution with the aim of maintaining the standards that are directly related to project management in a specified organization. The mission of the project management office is to set standards and provide new economies that are vital in the process of...

What are the main challenges and obstacles in implementing a Project Management Office?

The main challenges of implementing a PMO in a university are the lack of interactions between operations among multiple tools used for project management. Diversified information technology management systems, as well as their time tracking systems, cause an enormous problem in the identification of the real cost incurred, the efforts...

How much PM is enough? How much PMO support is enough PMO support?

A clear, accountable, and responsible group of individuals should lead the project management offices. For instance, several companies rely on the project management offices to be responsible for most management of the projects. They might also rely on the office for the execution of the project. Other organizations require the...

Describe the culture of your present organization. Has it changed much over the past few years? Do you anticipate future changes?

Every workplace has a particular culture that is unique to that organization. The current culture for medical device manufacturing can be one of stress and contention. Conflicts can arise easily, causing deeper problems for the structure of the work environment while affecting employee relationships. The tension among employees has increased...

Do you think that the international business community is being too lax about the abuse of intellectual property rights? Are international companies simply afraid to speak out for fear of jeopardizing access to attractive markets?

The institution endeavors to curb the violation; nonetheless, some countries are not cooperative in the fight against such violations. For example, China protects its citizens who violate IP rights. This makes it daunting to eliminate the aspects of piracy and violation of intellectual rights. Another reason is that every country...

Discuss what actions can companies and governments take to ensure that products cannot be easily pirated?

Firstly, the governments should establish, ratify, and embrace legislations, which condemn piracy. It is through stringent laws that the aspects of piracy can diminish. Additionally, companies should know lias with the international governments to help them in curbing the vice. Other governments like China should cease protecting pirates within their...

Increased digital communication may pose a threat to intellectual property. How do you think the Internet is affecting intellectual property laws?

The effect of the internet on the IP stipulations is evident. The internet allows people to access varied information related to varied technologies. It thus helps the pirates in accessing the required information and then continue with their malicious intentions. Internet thus interferes with the aspects of IP laws. Another...

Why do you think Lebanon is in need of foreign direct investment (FDI)? Discuss enablers and barriers to foreign direct investment in Lebanon.

The recent challenges that engulfed the Lebanese territory indicate their need for more investors to help them revive their economy. Evidently, FDI will enable the country to earn foreign exchanges besides the ability to create more jobs for her people and expand her production capabilities. Additionally, the occasional instability of...

Do some research on Lebanon and its current socioeconomic status. Discuss how social and political situations may affect the Lebanese economy.

The current social and political atmosphere in Lebanon can affect the country’s economic prowess. The lifestyle of Lebanese is favorable to the economic conditions despite the recent challenges that engulfed the country. The majority of the people are industrious and work to build a new nation despite the poverty challenges...

How do you think the transition to a normal economy in Lebanon, after a war in 2006, would differ from the experiences of European countries after World War II?

Firstly, Lebanon receives massive aids from the European Union and Saudi Arabia besides other countries and well-wishers. These were not evident in countries, which participated in WW2 since there were no such organizations as European Union. EU never existed by then. Additionally, the then international relationships were weak. Lebanon could...

The Lebanese government prohibited all imports from Israel. Discuss the socio-economic aspects of the decision.

Prohibiting imports from Israel indicate that the business operations would reduce within the country, leading to economic hitches. Additionally, the social relationships of the Israelites and diminished Lebanese led to low foreign tourists from Israel hence reducing foreign exchange. The exchange of societal provisions was also deprived with massive economic...

Why did the contraction of the U.S. and Japanese economies and the rise in the value of the yen hurt Sony’s exports from Japan?

During the economic meltdown that affected the American dollar value against the Japanese Yen, the Sony Corporation’s exports volumes dropped significantly. The only advantage that the Sony Company enjoyed as opposed to many other big companies in Japan was the geographical diversification of production. Sony’s 50 percent production comes from...

In light of AIDWA’s charges, how would you suggest Fair and Lovely promote its products? Discuss, would your response be different if Fairever continues to use “fairness” as a theme of its promotion?

Fair & Lovely has several potential consumers and from different regions. Moreover, the company has a global appeal and outlook. Therefore, it should use diverse themes in the promotion since it is also planning on the introduction of men’s fairness cream. Therefore, in case “Fairever” persists using the theme fair...

Is the advertising of Fair and Lovely demeaning to women, or is it promoting the fairness cream in a way not too dissimilar from how most cosmetics are promoted?

Ethically, the advertisement of Fair & Lovely in India is considered demeaning to women. The advertisement exploits the norms and cultures of Indians according to charges pressed by AIDWA. Instead of promoting its product strictly, it is also influencing the employment and marriage of Indian Women. The advert discriminates against...

Discuss is it ethical to exploit cultural norms and values to promote a product?

Generally, it is unethical for any organization or company to exploitcultural norms or values of any society in promoting a product. Ethics are the expected codes of conduct, and hence ethically, organizations have to consider norms and values of respective societies or communities where they operate or opt to operate...

Discuss is it ethical to sell a product that is, at best, only mildly effective?

A company may decide on how to sell and distribute its products depending on its strategies. However, decisions on sales and distribution are regulated by ethics. Therefore, the decision on how to sell and distribute products may depend on the marketing and promotion strategies of a company. However, the promotion...

The external analysis enables companies to identify threats and opportunities. Discuss the external environment for Walmart at all levels, such as macro environment, global, and industry.

The external environment of Wal-Mart is characterized by both industry and the macro-environment. The industry environment includes product substitutes, new businesses coming into the market, and the intensity of competition. The macro-environment, on the other hand, includes regulations that the business faces while establishing in various countries, issues such as...

What is your opinion of a temperature-sensitive vending machine? How do you think customers would react to a similar? Is this a logical distribution strategy for Coca-Cola to pursue?

For a long time now, Coca-Cola Company has been using vending machines as its primary distribution method for its soft drink products. In fact, the lion’s share of revenues for Coca-Cola comes from vending machines. The application of a temperature-sensitive vending machine that charges higher prices for soft drinks when...

Explain dynamic pricing. How and why the Internet encourages dynamic pricing? How do marketers use the Internet for auctions? Are there any advantages of the Internet for consumers?

Dynamic Pricing Dynamic pricing is a form of pricing where the parties to a sale contract ascertain the price when the actual transaction is taking place. In this case, the price is not fixed in advance, but instead, it is flexible. Dynamic pricing has been applied in various markets where...

Do you think consumers will respond positively to M-Commerce that will allow marketers to engage in location commerce? What do you think the benefits for consumers of M-Commerce are?

M-Commerce M-commerce refers to that form of electronic commerce that utilizes hand-held devices such as mobile phones and laptops. Consumers Response to M-Commerce Marketing Sending messages to consumers about the location of local stores from which they can buy specific goods may be intrusive, but at the same time, it...

Discuss what such brands as Coca-Cola, Disney, Starbucks, American Express, and Ford capture in the customer’s mind? What questions do these brands answer? Why are these effective brands?

The mentioned brands, Coca-Cola, Starbucks, Disney, American Express, and Ford, answer the question of quality. Every time a customer comes across them, they become aware that they are buying quality products. This has made the brands stand out even in a market that is full of substitutes. Why are these...

Discuss which stage of the product life cycle are the following markets in currently: wireless phone service, DVD players, and fast food? Is there evidence that any of these markets are on the verge of moving into the next stage of the life cycle?

Wireless phones are at the growth phase of the product life cycle. This means that the market for wireless phones is almost at its peak, and businesses are making most of their profits from their sales. The reason for the booming sales is the lifestyle demands in developed and underdeveloped...

Choose a consumer service. As a consumer, what pricing issues do you consider when purchasing this service? How difficult is it to compare prices among competing services? What could service providers do to solve these issues?

The consumer purchase I chose is traveling by bus to town every day. I consider pricing differences during peak and off-peak hours. I prefer to travel at noon to town when few people are going to town, and hence prices are low at that time. The difference in prices is...

Evaluate Vrasidas’s paper on constructivism and objectivism and relate it to your teaching approach. Describe the biggest challenges in using a constructivist approach to replace objectivism. Do you whether agree with the author regarding the two paradigms?

Analyzing the Vrasidas paper reveals that both constructivism and objectivism are closely related to the theory of learning and have little regard for teaching. Learning is, however, explicitly linked to teaching constructivism is generally presented as the change in understanding and conduct that arises due to one’s encounter with experiences....

Why are food services the most commonly outsourced function in the business community?

Evidently, food services are the most outsourced function in the business community. One of the reasons behind this quest is that it is economical to outsource such services than incurring the associated costs with regard to food preparation. Precisely, the act can help the outsourcing organization in reducing costs required...

Describe the advantages of outsourcing food services to a management contractor.

There are numerous advantages to this quest. Firstly, an organization will be certain of the quality and prompt delivery of catering services if the service is outsourced to a management contractor. Another reason is the reputation gained and the relationships built during the deal. Businesses want to relate with reputable...

Describe unique aspects of foodservice operations that drive these advantages.

One of the unique aspects of food service operations is that the industry requires exemplary expertise plus constant, elaborate, and valuable pieces of training. Food production demands skilled and unskilled human capital making it difficult for non-food production businesses to manage the requirements in the realms of equipment and expertise....

Examine societal influences on personality development and how psychosocial theory can be applied to account for the war, technology, crime, gang activities, and AIDS societal factors.

Apart from biological influences on personality, social scientists have found out that society also plays an important role in shaping human personality. The process of personality development is a long one and involves changing a person’s attitude and hence character through the acquisition of information which enables them to build...

What is the potential aspect of the war in the future?

Civil war is an armed conflict that will be more likely to occur as arms fight it out to run the government. General war is also expected to occur, and the government will be using all the weapons it has to overcome and capture enemy territories. This action may lead...

What is the responsibility of the U.N. in the post-Cold War era?

U.N. has been timid in carrying out its mandate as the world’s biggest corporation. International law has grown to be more complicated with time, and there are many issues undertaken for egotism that are at variance with the norms among the other states. The United Nation address the global problem...

Comment on the general nature of Hamlet’s greatest play. Why does it continue to captivate people even now, four hundred years? What does the play have to say to us, smart, hip folks living in North America now?

Comment on the general nature of Hamlet’s greatest play. Why does it continue to captivate people even now, four hundred years? What does the play have to say to us, smart, hip folks living in North America noShakespeare’s play Hamlet is among a few of the ancient writings that still...

Why does it take Hamlet so long to accomplish his revenge? Does he suffer from “paralysis of the will”? Are we certain that Hamlet would be an effective leader than Claudius?

While Hamlet is still mourning the death of his father, he realizes that King Claudius killed him. Moreover, his mother has betrayed both his late father and him. Therefore, loaded with all these troubles, he is unable to make the right decisions thus, delaying his plans to revenge the father’s...

China is seen as a “hot” market. Why is the Chinese market attracting so much attention, and are there other markets that may be better locations for investment?

As countries mature economically, the channel structure seems to approximate that of China. Retailers become larger and more efficient and introduce self-service. But these channels must be altered to suit the environment. A supermarket in Japan or Italy is not the equivalent of one in China. Wholesalers often serve as...

What do you see as Hamlet’s tragic flaw? Give specific examples from the play to illustrate Hamlet’s character and support your reasoning in identifying Hamlet’s tragic flaws.

Authentically, a successful leader has to uphold a strong personality. However, in the intriguing play Hamlet, Shakespeare gives the main character (Hamlet) a weak personality or tragic flaws, which lead him to lose not only his throne but also his family, including himself. Character-wise, Hamlet’s irrational behavior forces him to...

Explain the responsibilities of Shell Petroleum Company and strategies employed to meet them.

The environment of an organization depicts how much it cares for it. This is achieved through procedures that reduce the environmental impact and develop mechanisms that will enhance the protection of the environment. It is achieved through partnering with other stakeholders while carrying out environmental investment through responsible utilization of...

Evaluate the extent to which Shell Petroleum Company achieves the objectives of three stakeholders.

The management of any organization should consider equally the interest of all shareholders by involving them in the decision-making process. This would benefit the organization because the stakeholders will contribute immensely towards organizational growth. Proper communication to all will enhance their contribution and motivation to the aspirations of the society....

What are the challenges Sunil Bharti Mittal may face from his foreign partners?

Mittal’s foreign partners present a set of challenges to his company in the form of setting high prices for equipment sold or services rendered. There have been times that Bharti-Airtel has been forced to withdraw from certain contracts with their foreign partners. This withdrawal ends up being an expensive affair...

Investigate the behavior of organizations and the market environment. Explain how market structures in practice deviate from the model of perfect competition.

Perfect competition in a market can be practically perceived when firms realize that they cannot have a remarkable effect on the market price on their own. The resultant outcome of a perfectly competitive market is that the marginal cost would be practically equal to that which the customers would be...

Briefly explain the International Space Station’s purpose and list the name of all countries involved in building. What is the name of the last module to be added, and when will it be launched? Once completed, how long will it stay in operation and the deorbit plans for the Station?

The main aim of the international space station was to promote several scientific research, projects, and experiments that are only possible in micro-gravity. A significant example of areas being researched is the effect on the human form of life in space for a certain length of time. In this, the...

Investigate the economic, social and global environment in which organizations operate. Explain how economic systems attempt to allocate and make effective use of resources.

The prevailing economic environmental factor of an organization determines its profitability and ability to cope with future changes that come across. The social environment deals with people behaviour and the community in general, the relationship of the people and the organizations, the available occupations and the education level of the...

What does beauty mean to you?

Beauty is in mind and not in the body. It is not skin deep, and a person may not be outward of fine appearance but may have a strong, delicate, and well-balanced mind. To me, beauty means seeing and appreciating all the wonderful things that are going on in this...

What accomplishments are you most proud of and why?

Perhaps my greatest achievement and accomplishment is that, despite overwhelmingly adverse conditions, I was able to complete my high school education and earn a high school degree. For most people, earning a high school degree is not a major accomplishment, but for me, this was accomplished in the face of...

Analyze the impact of two policies of the European Union on UK business organizations.

The European Union has aggressively embarked on environmental policy aimed at reducing global warming aiming at reducing carbon emissions to 30% target. This means strict enforcement from the government, companies to use environmentally friendly production methods as well as building systems that will contain the gases, leading to increased production...

Describe the astronautics difference between Mars Pathfinders Mission and Mars Exploration Rovers mission. What is the major discovery of the Mars Exploration Rover (MER) mission?

Mars Exploration Rover Mission and Mars Pathfinder Missions were part and parcel of NASA‘s Discovery Program to explore Mars. The main objectives were to analyze geological surroundings, the climate, and the atmosphere on the red planet, which was successful. The Pathfinders Mission acts as a technology testing point for space...

What advice would you give a firm that is considering entry into the Chinese market? How would you advise the firm to enter the Chinese market?

The very development of Chinese markets might be planned as a progression: first, exporting finished products; then, exporting components; next, setting up subsidiaries; and finally, licensing, cooperating with, or merging with foreign companies. Marketing, therefore, requires aggressive and imaginative approaches in cultivating the markets, with the realisation that methods effective...

Devise a suitable “Organisation Structure” for your new an Australian factory to manufacture “Barbeques” for the Chinese market.

Because of the rather close location, there were always opportunities for cooperation between Australia and China. Before talking about the company’s opportunities and threats in the Chinese market, it is important to briefly describe the business relations between Australia and China, their requirements toward conducting business, exporting or importing products,...

Who would you appoint as the General Manager to your new Australian factory to manufacture “Barbeques” for the Chinese market: an experienced Australian Manager, or a local Chinese person with no experience? Give reasons for your answer.

In China, I would appoint an Australian CEO. This choice is explained by the fact that internal factors such as the company’s mission, corporate objective and strategies in addition to capabilities give hopes and opportunities for successful penetration and development at the international markets, including Chinese and Japanese markets. However,...

Read the article Slick Operators. Discuss your investment experience. Do you work in the field? Do you manage your own investments? Do you invest in stocks, bonds, options, futures, commodities, real estate, etc.?

Investment practices, which are described in the article are closely associated with the common actions, aimed at saving by the means of investment. Originally, fuel investment heavily depends on the tendencies of the fuel market correlation, and, if the forecast is negative, the investments are inevitable. Originally, all similar investments...

Read the articles “Can You Still Hedge Your Bets?” and “Investors’ Pursuit of Alpha is Showing No Signs of Slowing.” Discuss the capital allocation decision and how you would invest $1 million in your own portfolio.

The capital allocation decisions, discussed in the article are closely related to the issues of money movement, and the general allocation of the financial reserves, aimed at overcoming the consequences of the financial crash. Thus, as it is emphasized by Birger: “Alternative assets, as well as small-cap stocks and foreign...

Distinguish between ‘personnel management’ and ‘human resource management’ and discuss the historical development and changing context in which they operate.

Personnel management was traditionally viewed as a responsibility of mainly recruiting and paying company employees. Their role was limited to the employees of the organisation and was hence denied other managerial responsibilities. They could not fully participate in other company activities rather than dealing with that which concerned employees. However,...

Assess the role, tasks and activities of the human resource practitioner.

Human resource practitioners are endowed with the responsibility of looking into the affairs of company employees and subsequently discussing with the top management on motivational measures. Human resource practitioners are required to keenly observe employees and identify their abilities and inabilities. They are the ones to suggest to the top...

Identify an Australian organization that operates with the socio-economic view of CSR. Outline the organization’s activities that demonstrate the socio-economic view and explain how these activities may enhance organizational performance.

One of Australia’s firms that operate with the socioeconomic view of CSR, according to Duncan, is the “…..Wesfarmers, WA’s largest company for over a decade.” Michael Chaney, the CEO, says that the organization is ethical and offers employment, good returns on investment, rewarding workplaces, and supports organizations based on medical...

Critically evaluate the employer on the methods of performance management. What would you recommend to your organization for a performance management strategy? What challenges will the organization face in implementing your performance management plan?

Poodle international is an environmental conservation organization that employs over 350 employees. The organization deals with the replanting of trees in the deforested areas and encouraging the locals to revert to the traditional methods of preserving the forests. The performance management leaves a lot to be expected. The recruitment methods...

Discuss Bluetooth and its new technologies.

Bluetooth is a short-range radio frequency technology that is designed to connect phones, laptops, PDAs (Personal Digital Assistants), and other portable devices with none or little input from the user. It is a high-speed, low-power wireless link that is capable of transmitting voice and data. This micro-wave radio frequency is...

List the benefits of telecommuting versus traditional desk-bound office work.

Telecommuting allows flexibility where a worker can accomplish tasks away from the office environment at their own time and pace as long as deadlines are met. This works for workers who are self-motivated and can carry out assigned tasks with minimum supervision. Overhead expenses are cut on commuting and daycare....

Explain the difference between application software and support software.

Application software (end-user programs) refers to software that processes data for the user, such as spreadsheets, word processors, and database programs. Application software is usually bulky compared to system software due to its numerous functions. Example: A stock ordering system. Support software (also system software) refers to software used to...

Analyse the notion of ‘safety first’ investment behaviour in the context of a ‘net investor’.

Net investment is generally regarded as the most stable and reliable investment strategy, consequently, investors prefer this type of investment relying on the common stereotype, often disregarding the safety principles. Nevertheless, in accordance with the “Safety First” notion, net investment funds should be properly checked, and investment tendencies analyzed. Safety...

Explain the purpose of investment performance measurement and analyse the main techniques which can be applied.

This purpose is to measure the effectiveness of the investment strategy and provide the necessary recommendations for amending and modifying the ineffective steps. Thus, considering the valuations on the market, investment performance measurement provides the necessary results and analysis statements for controlling the investment funds and correcting the investment strategy....

Does the socio-economic view detract from, or enhance, organisational performance and profits? Provide evidence to support your argument.

The economic model enhances the organizational performance and profits in the long term strategy because the organization will have developed devoted followers hence a stable customer base. Since the model is concerned not only in the profit-making but also in the welfare of the workers and their families, the workers...

Compare and contrast the classicalist and socio-economic views of Corporate Social Responsibility (CSR). Ensure you outline the key differences and the advantages and limitations of both theories.

Classical theory The classical theory on corporate responsibility argues that the stockholders of a company are the main concern for the managers. It argues that the managers should not be bound by any legal rules to give moral, social, or economic considerations to the workers.The managers are not at liberty...

What are the ethical issues and factors affecting performance decisions?

These factors and ethical issues arise due to improper or in-exhaustive definitions of the job and the differences in the outlook of what is valued most in the organization. Ethical dilemmas include face-to-face dilemmas due to human contact, corporate ethics on hiring and firing, and all that happens in between,...

Discuss how technology and environment might influence the structure of an organization. Support your answer with identifying at least two leading authors and stating their main individual contribution.

The structure of the organization is level and type of vertical, horizontal segregation, ways of coordinating and controlling, formulation, and centralization of power. According to Joan Woodward, knowing an organization’s core system of production one can be able to tell the structure. The units of production like mass production sell...

“Classical management theory has no value today.” Discuss why you agree or disagree with this statement. Support your answer with examples.

The Classical theory has continuously become popular today accompanied by several modifications. However, the following several criticisms have made it have no value today as discussed below: Overreliance on experience The ideas that developed the theory were based on the experiences positions held like managers limited to some organizations. For...

Critically distinguish between the major frames of reference on organizational conflict. Discuss Thomas’s five conflict resolution approaches.

Kenneth Thomas identified four approaches to dealing with conflict and they differ in their level of assertiveness: People escape the whole conflict by delegating contentious decisions by allowing default decisions and not intending to hurt one’s feelings. This style is called avoiding and is relevant when victory is unachievable. People...

Explain the different types of investment institution.

Depending on the values being operated, investment institutions are generally divided into three types: Depositary institutions. These are generally regarded as the intermediaries of the investment funds, derived from customers’ deposits. Contractual savings institutions. These institutions are engaged in purchasing the funds on a contractual basis and minding the particular...