Answer 1
It should be highlighted that mostly fresh and inexperienced people tend to be more innovative than those who are more knowledgeable in a given field. The core reason for this surprising difference is that the inexperienced employees prefer to contribute unique perspectives, ideas and approaches. In other words, the freshly educated graduates are now preferred for Management Trainee and Fast Track employment programs mainly because the companies aim to promote a culture of innovation, creativity and experimentation so that the existing experienced and knowledgeable workers could benefit from out-of-the-box perspectives of fresh employees. Finally, the ideas of inexperienced people could be refined and executed by knowledgeable employees who have technical expertise and industry insights (Williams 140-143).
Answer 2
The government promotes every firm to participate in international arena by capitalizing global business opportunities. In other words, there could not be imposition of barriers that intentionally foil the attempts to enter in international markets. However, it should also be stressed that every company can’t become a global organization because there are several forces involved such competition, compliance and regulatory measures, cultural barriers, economic factors, technological infrastructure, environmental regulations, market potential for certain product mix, logistics and transportation issues, consumer preferences, financial constraints, trade barriers and other uncertain conditions. However, if a company could assimilate all aforementioned factors and uncertainties then it could initiate global operations through exporting / importing, licensing, franchising, green-field venture, joint venture and subsidiary establishment (Williams 155-160).
Answer 3
First, the company decides to structure itself based on its size and operational capacity. The management of small businesses is quite different from the structure of large organizations that work through a pre-defined hierarchy. Secondly, the company’s management structure is also an outcome of vision, philosophy and leadership perspective of organizational strategic partners. Third, the prevalent industry approaches also determine the management structure of any company as typically the organizations transform to meet sector-wide benchmarks and contemporary approaches. Fourth, the nature of business and industry also determines the organizational structure. For example, the management of an IT services firm is entirely different from that of any large manufacturing business due to differences nature of work and employee requirement.
Answer 4
The first advantage of hiring half of the company’s managers from outside sources is to create a mix of diverse managerial professionals who could benefit the organization with their distinctive market experiences, new ideas and diverse industry backgrounds. The main advantage of promoting internal talent is greater employee knowledge about organizational corporate environment and internal culture; therefore, the talent is more emotionally connected than outside employees. Secondly, the costs of hiring outside employees are high in terms of training and development compared to internal employees who become much motivated and dedicated in anticipation of career growth. Third, the hiring of internal talent increases probability of employee retention and reduces turnover rate.
Answer 5
Affirmative action policy stems from the past discriminatory practices that adversely affected employment decision-making and induction of women and minority group members. The policy comprises of legal directives to mitigate the effects of past discrimination by enhancing minority and women representation in workforce without compromising on labor quality and other employment requirements. In contrast, the workforce diversity is simply aimed to induct qualified workers with diverse cultural background, affiliations and experiences to positively affect organizational culture and values. Subsequently, the visionary leaders of modern organizations regard diversity as an essential strategy for innovative culture and sustainable development in globalized world. In other words, there are no legal repercussions for any organization if they disregard the idea of diversity management in hiring decisions (Williams 249-250).
Answer 6
Good listening could be reflected by both verbal and non-verbal responsiveness because the speaker notices and evaluates not only face-to-face communication but also the body language, gestures, postures, eye contact and other acts that reflect audience interest, desire and action (Williams 317-320).
Answer 7
The statement “self-control is the preferred control method” reflects that individuals should have a firm grip over their emotions, nerves and sentiments; therefore, the organizations should enhance self-control capacity among individuals to maintain corporate decorum. However, the researcher would like to argue that organizational control is an outcome of both individual self-control and implementation of governance policies followed by code of conduct (Williams 335-343).
Works cited
Williams, C. MKTG 8. South Western: Cengage Publishers, 2015. Print.
