MANAGING BUSINESS (BM027-3.5-2) ASSIGNMENT TITLE: INDIVIDUAL ASSIGNMENT NAME: HON HAO KONG ID NO: TP027895 INTAKE NUMBER: UC2F1303IT (FC) HAND OUT DATES: 26TH MARCH 2013 HAND IN DATES: 24TH MAY 2013 LECTURER: DEVIKA A/P NADARAJAH Table of Contents 1. Introduction 3 2. Quality and Competitiveness 4 2.1 Quality 4 2.2 Competitiveness 4 2.3 Relationship between Quality and Competitiveness
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Mill 2.2 Case: “Fire Detectors” Residential fires cause many deaths each year. Several companies manufacture fire detectors in a highly competitive market. Jim is a senior manager at one of these companies. He has been invited to discuss with the management team the directions his company should take in manufacturing and marketing fire detectors. Jim knows that there are two basic types of fire detectors. Type A is very good for certain types of fires‚ but for smoldering fires the detector
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Ethics Reflection Kevin Kindle STR/581 November 6‚ 2012 Rick Owen Social responsibility and ethics Strategic management is defined as the set of decisions and actions that will result in the formulation and implementation of plans designed to achieve a company’s objectives (Pearce & Robinson‚ 2011).. Nine tasks comprise a firm’s strategic plan that will ensure high levels of performance. The keystone in developing a strategic
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Managing Business 1.1 Describe the structure and culture of the company and evaluate the inter-relationships between the different process and functions. Answer: Understanding the Structure In a small business‚ employees learn whether the organizational structure provides a stable culture for everyone. For example‚ if a business owner sets up the wrong kind of structure‚ the results can be ineffective communication and slow work processes. A business owner can improve the company culture by
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AHMED SULEMAN ID – 1033046 COURSE – PROFESSIONAL ETHICS CASE STUDY THE FORD PINTO Q1.What moral issues does the pinto case raise? The moral issues raised in Pinto case are that business should not put a value on human life and avoid known dangers. As ford thought they could get away with a dangerous automobile by paying off those lawsuits from people who were injured and the families of the dead. Ford thought it was more cost effective not to fix the
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Law vs. Ethics MGT 101 Seminar Five Summer 2010 Laws and ethics are a touchy subject‚ even the brightest minds in the world have a tough time coming up with the “right” answer. When applying social responsibility with ethics‚ we must look at it from multiple sides; let’s use an example‚ Robert was interested in learning about the workings of professional burglars. Several years ago‚ he made contact with someone who could put him in touch with a professional burglar‚ although the burglar had
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Reflections of Ethics‚ Legalities‚ & Advocacy Shakeylla Allen University Of Arkansas at Little Rock NURS 3350 Section 993-Summer Dr. Frances Sparti-Instructor Reflections of Ethics‚ Legalities‚ & Advocacy Ethics in the field of nursing is as important as the profession itself (Burkhardt‚ 2002). The American Nurses Association created a Nursing Code of Ethics to ensure uniformity (Dell‚ 2009). However‚ it is important to note that although this is the most popular code‚ there are others‚ specifically
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Business Ethics Reflection Gretchen Allickson University of Phoenix 5/27/12 Moral values are not something you are born with‚ but rather something that somebody in your life needs to instill in you. So whether you learn them from a guardian in your early years or pick them up along the way‚ either way moral values are a necessary pallet of skills and knowledge to have in this world. If you do not hold moral values to a high standard‚ then you will most likely do wrong to someone who
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When reviewing the information gathered in “The Dangerous Morality of Managing Earnings‚” there are five generalizations in how to manage short term earnings. They are how managers manipulate records to benefit themselves or the company. It seems that there is no true uniformity in short term earnings and each felt that rules could be bent by manipulating operating procedures‚ accounting methods‚ deferring expenditures‚ budget target‚ or by changing the short term earnings in sales and expense
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Ford Pinto - Executive Summary MGT216 12/06/2010 Executive Summary Ford Motor Company introduced the Ford Pinto into the consumer market place and the end result was profit over human life. Ford Motor Company analyzed the cost of replacing an inexpensive part and found that it was cheaper to pay for suits resulting in accidental deaths and injuries. This summary will provide details and the factors surrounding the Ford Pinto case‚ the results of the production of the car and how Ford
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