Assignment 2: The effects of internal and external factors on four functions of management Introduction: In the world of management‚ there are many internal and external factors that affect the effectiveness and efficiency of management. For a management job‚ a manager has missions to deal with the following functions: Planning‚ organizing‚ influencing‚ and controlling. Hence‚ it is crucial for any managers to understand those factors clearly and comprehensively to conduct their jobs with expected
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MAURICE A. MCKOY TRIDENT UNIVERSITY CASE STUDY 2 Case Study Business Ethics In the past there have been several cases in the business environment related to the practices of accountants and auditors who have violated the trust and confidence of public. A number of researches have been conducted to find the potential factors resulting in unethical‚ biased or inappropriate decision making and judgments by the professionals. The aim of this paper is to review two academic articles and conclude
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Brief Exercise 2-2 Following are a number of costs that are incurred in a variety of organizations. Required: Classify each cost as variable or fixed with respect to the number of units sold or services provided by the organization by placing an X in the appropriate column. Brief Exercise 3-8 The Alpine House‚ Inc. is a large retailer of winter sports equipment. Here is an income statement for the company’s ski department for a recent quarter: D On average‚ skis sell for $700 per pair. Variable
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Cited: Hynes‚ Geraldine. Managerial Communication. New York: McGraw Hill‚ 2011. Myatt‚ Mike. “10 Communication Secrets of Great Leaders.” Forbes (2012): 12/6/2012 http://www.forbes.com/sites/mikemyatt/2012/04/04/10-communication-secrets-of-great-leaders/.
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produce the best consequences possible for the greatest number of people possible. In this‚ liberty and harm are treated as an equal. The end goal is to produce a general welfare or Arthur’s collective well- being. Jeremy Bentham‚ one philosophical view we examined defined utilitarianism as the ethical system that judges actions to be moral to the extent they maximize happiness‚ producing pleasures‚ and preventing pains. According to Bentham‚ there is a possibility of good and bad consequences however;
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ORGANIZATIONAL VALUES IN MANAGERIAL COMMUNICATION* Ivan Malbašić** Ruža Brčić*** Received: 14. 3. 2012 Accepted: 14. 11. 2012 Review UDC: 65.012.3 Organizational values have recently been regaining importance‚ which is reflected in the fact that they are commonly referred to as organizational foundations. Indeed‚ practice has proved that those values provide the basis for decisionmaking at all levels of the organization – from senior management to the nonmanagerial employees. This paper
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Question 2. Choose the sector in South Africa Economy‚ which exhibits the features of Oligopoly. With more than 30 Million South African mobile phone owners according to data from the “SA Mobile Market “statistical handbook‚ and since this market is dominated by three companies‚ which exhibits the features of oligopoly in South Africa. Oligopoly refers to a few sellers with similar products and dominates the market and can influence each other. There are 3 mobile phone service providers‚ which
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and actually having a lower demand. Throwing away the overcooked patties would be very costly but by finding a unique product to reuse the patties Wendy’s was able to recover part of the loss. Thus‚ Wendy’s “rich and meaty” chili became one of the four core menu items. Wendy’s grew very rapidly and by the end of 1978 had a total of 288 company restaurants and 1119 franchised restaurants. By 1985 revenues had exceeded $1 billion and in 1986 reported a loss of $5
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Ethics Legal and Ethical Responsibilities Paper Brian Ruddick MGT/567 Nov 13th‚ 2012 Dr. Burgoon Legal and Ethical Responsibilities Memo To: Company owner From: VP of Human Resources Subject: Reduce incentives and layoff proposal Sir‚ as VP of Human Resources‚ I would advise you to highly reconsider your proposal to reduce incentive payments for salespeople and implementing a month-long layoff for all production workers. Although you are legally within your rights to do so‚ however from
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1.10 : To help counter terrorism‚ many countries are planning or have developed computer systems to track large numbers of their citizens and their actions. Clearly this has privacy implications. Discuss the ethics of working on the development of this type of system. By working on this type of citizen monitoring system several of the clauses above may be breached. This is somewhat dependent on whether or not the citizens would like to be monitored and whether they agree such a system would
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