Introduction:
The video elaborates the performance and operations of Key West Pie Company in relation to money, awards and profitability. It reflects on the potential of Key West Pie Company ability to make millions and win awards while the profits are low. It shows the role of human resources, change management and the overall managerial practices of the company. The video shows the aspects relating to the management of price policies in relation to the performance of the company. It shows the importance of the interaction among employees on matters pertaining to the management of revenues and the costs of production. The video focus on the relationship of the costs and prices of the Key West Pie company with regards to the levels of profits of the company. It gives emphasis on the role of management and human resource aspects concerning general profitability of this company.
In relation to human resources, the video shows the role of the employees in the performance and profitability of Key West Pie Company. The aspects relating to motivation and the general treatment of employees or staffs of this company influenced the profit levels of the company.it was difficult for the company to make high levels of profits without the necessary incentives to the employees in the organization. The costs relating to labor operations of this company contributed to low levels of profits. The video emphasizes on the role of human resource management towards the motivation of employees and the performance of the company in terms of profits. The little emphasis on the human resource aspects led to low levels of profit in Key West Pie Company.
The challenge of change plays a significant role in the pricing policies of the company. The video shows a clear elaboration of the new pricing strategies that enable the company to make money in its business operations while operating at low costs. The flexibility of the company influence the profitability of the company in relation to the demand of the products offered by the company. The video emphasized on the importance of flexibility of Key West Pie Company concerning the costs and price policies. The video shows the challenge this company faced in the adaptation of pricing and cost strategies towards its success in the market. The video shows the importance of change in the operations of the company in relation to its performance in the market.
The video outlines the aspects of management of the Key West Pie Company. The relationship between the top managers and shareholders of the company influenced the operations of the company in various ways. The style of management influenced the achievement of the goals and objectives of the company. Divergent opinions and views of the managers had a negative impact on the operations of the company. The video reflects on the way managerial decision making influenced the performance and profitability of Key west Pie Company in the market. The planning and coordination activities in this company influence the goals and strategies of the company both in the short run and long run market operations. The video shows the significance of management in relation to value addition to the products of the company.
In conclusion, the aspects of change management and human resources management influenced the operations of Key West Pie Company in relation to performance and profitability in the market. The cost and pricing strategies influence the profitability of the company. The managerial aspects of the company influence the achievement of the goals and objectives of the company. The management of the company influences the issues relating to awards, money and its general performance in the market.
