Preview

Case Study on Ob

Satisfactory Essays
Open Document
Open Document
427 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study on Ob
Scenario 01: Your Company’s policy on reimbursement for meals while traveling on business is that you will be repaid for your out-of-pocket costs, not to exceed $80 per day. You don’t need receipts for these expenses – the company will take your word. When traveling, you tend to eat at fast food places and rarely spend in excess of $20 a day. Most of your colleagues put in reimbursement requests in the range of $55 - $60 per day, regardless of what their actual expenses are. How much would you request for your meal reimbursement?

Decision: I* would request of $ 20 for the meal reimbursement.
I will use “utilitarianism view” in making this choice. I will emphasize on efficient use of company resources by minimizing my expense. That will lead to increase company production and generating more profit. In this way I am securing the greatest good for the greatest number. This is the concept of “utilitarianism view”.
But it ignores the right of one individual. For example, in any day if I desire to take a food item which cost is more than $20, then it will be limiting my desire for company progression by requesting now only $ 20 for the meal reimbursement.

Scenario 02: Assume that you are the manager at a gaming company and you are responsible for hiring a group to outsource the production of a highly anticipated new game. Because your company is a giant in the industry, numerous companies are trying to get the bid. One of them offers you some kickbacks if you give that firm the bid, but ultimately it is up to your bosses to decide on the company. You don’t mention the incentive, but you push upper management to give the bid to the company that offered you the kickback. Is withholding the truth as bad as lying? Why or why not?

Decision: Yes, Withholding the truth is as bad as lying.
I am hiding the truth because I am being offered to get some kickbacks from that firm although I have no detail information about that firm’s potentiality or success

You May Also Find These Documents Helpful

  • Powerful Essays

    Eco 561 Final Exam

    • 1527 Words
    • 7 Pages

    D. employ the combination of resources that will produce the profit-maximizing output at the minimum cost…

    • 1527 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    OB Case Study Background

    • 1326 Words
    • 4 Pages

    Western Reserve Racquet & Fitness Club (WRRFC) is one of the premier indoor tennis facilities in Northeast Ohio. WRRFC was first opened in 1970 as a small, family run indoor recreation facility. It remained a small 6 indoor court tennis facility until 1992 when an electrical fire burnt it almost entirely to the ground. It was re-opened in 1993 and featured many new improvements and the club has remained relatively unchanged from then today. It now boasts 10 indoor courts, 5 outdoor clay courts a state of the art fitness facility, luxurious locker rooms featuring steam rooms and saunas, a full bar and a massage spa. WRRFC is located in Streetsboro, OH situated directly in-between the affluent neighborhoods of Hudson & Aurora and a short 10 minute drive from the large neighborhood Solon. This strategic location allows WRRFC to attract many of the upper middle class families with disposable income to become members and take lessons.…

    • 1326 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Mr. Harrison did mention to me that he met with you. So, the way the meal expense reimbursement program works is simple: legislator submit a meal expense form and we cut them written checks or we direct deposit them into their bank.…

    • 1513 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Sometime it is saying that little lies do not matter, but it should be consider in broader way. Lying weaken the strength of any organization or politic system and it also creates more expectations from others from you which are on the fake bases. However, at the other hand, we cannot speak truth all time, according to Steven Berglas, nobody is able to tell every bit of truth, we should complete our task in daily life by choosing choices to be silent or vague. There is also responsibility of business not to disclose all the matters. People always influence by their officers, they know what is going on the upper level, so they will copy and it…

    • 431 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Stand Online Store

    • 548 Words
    • 3 Pages

    The most suitable decision is that which is most profitable to the company. This profitability is given by…

    • 548 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Two key operational approach elements that link the operation to national interests include objectives and COG. JP 5-0 states, “the operational approach reflects an understanding of the OE and the problem…and identification of objectives, COG(s) and decisive points are useful in developing the basis for an operational approach.” However, if the analysis and understanding of these fundamental aspects are wrong, the operational approach will fail. Sadly, an imprudent objective and the wrong COG hampered OIF’s initial operational and strategic success.…

    • 892 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Bus 640 Final Paper

    • 1457 Words
    • 6 Pages

    Managers within organizations are faced with the challenges daily of making excellent decisions. In everyday life we are challenged in making sound decision, decision that will last for a life time. Folk often wonder after making a decision if it was the right choice, will it affect the people around me, was this a good choice for my family, and will the decision affect them. In order to be an effective manager you have to possess the skill of outstanding decision making skills. In order for one to be successful within their personal life they may also need to possess an understanding of effective decision making. The decision- making process should be one that makes a positive change. Can the decision making process work for organization as well as individuals. In the present global market, firms compete for market share and the demand from consumers using many strategies and systems. In this paper we will analyze how the companies take effective managerial decisions. We will analyze company current financial position, its economic environment, effect of government regulation of the company and company PEST circumstances. I am going to analysis the Acer Computer is a pioneer in the manufacture of optical laptops and has done extensive research and developed an optical notebook which is almost five times faster than traditional chip-based computers. In this paper, this writer creates a set of pricing and non-pricing strategies designed to enable Acer to maximize its economic profits in different market structures. This writer also discusses how Acer could justify investment in technology, research and development, and economic efficiency to maximize its economic profits within different various market structures.…

    • 1457 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Case Study Olva 500

    • 260 Words
    • 2 Pages

    Based on the information provided, the marketing strategies above and their stipulated current flaws, we think that the Indianapolis 500 marketing team should focus most of their efforts within the social media world. We also believe that the Indianapolis 500 should put on a concert and other events that would help attract people that aren’t necessarily racing fans. These concerts and events will attract attention on social media as well. Social media is such a connecting part of life for so many people in today’s society. We think this strategy could reach endless numbers of people. Also, marketing the 100th running of the Indianapolis 500 on social media would help increase the hype for the race. The marketing team could post videos…

    • 260 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    benefits. When we make a decision we weigh up the costs and benefits and choose…

    • 1768 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Apply chapter material throughout your analysis of the case (expand/contract table boxes to fit your content).…

    • 1267 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Is Business Bluffing

    • 494 Words
    • 2 Pages

    “Is Business Bluffing Ethical” by Albert Carr discussed how bluffing in business is similar to game strategy and is completely ethical. The article compared bluffing in business to a game of poker. In poker, all players know that bluffing is a part of the game, just as all individuals in business know that the complete truth will not be revealed. Therefore, it is completely acceptable not to tell the truth or deceive another in business. As long as the actions of the business are within the stated laws, even if it goes against one’s personal ethical view, the actions are not unethical.…

    • 494 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

     Golden Rule Test: How would you feel if others did the same thing to you that you have…

    • 2114 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Ethics and Agency Issues in Negotiation Prof. Sungu Armagan “Bullard Houses” Negotiation DOWNTOWN, Inc. Downtown Reality seller representative ABSENTIA, Ltd Jones & Jones Reality buyer representative 2 Ethics and Agency Issues “Bullard Houses” 3 Agreements on board 4 seller buyer BATNA rp interests 5 Instructor version Going through agreements on board 6 Instructor version Bargaining Zone 7 Instructor version Debrief 8 Instructor version Debrief…

    • 902 Words
    • 10 Pages
    Good Essays
  • Good Essays

    “When employers give allowance or subsidy, the benefits to the employees ought to exceed the benefits to the company.”…

    • 1325 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    b. Timing of Benefits: This concept of profit maximisation is not useful to evaluate projects of long-term nature. The benefits of which are spread over the period of time. The fact that Rupee received today is more valuable than the rupee received later.…

    • 466 Words
    • 2 Pages
    Satisfactory Essays

Related Topics