Total compensation comprises a combination of monetary and non-monetary rewards offered to employees so as to motivate them to be more productive in the workplace. Motivating employees is also one way of retaining them at the organization and is, therefore, one of the objectives of the human resource management (Wilson 57). The results of a well designed and implemented total compensation include an enhanced performance at the individual and organizational level, employee loyalty and improved job satisfaction (Heneman 33). The Makey Company holds a belief that excellent customer service is an essential element for any business and holds this ...
Essays on Effective Management
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Question 1
The success of small organizations and especially fast-growing technology-based companies is depended on their ability to solve managerial and control challenges in time. Achieva being a fast growing internet solutions company has weak managerial and control systems to enable effective control, coordination and direction of employees. Effective management and organizational control are realized when the top managers are able to get things done by directing and coordinating the workforce. Further, the management has the responsibility of organizing resources within the capacity of the organization to ensure that organizational strategic goals are achieved. In essence, proper coordination of organizational resources ...
Introduction
This report is about Northumbria Country Foods (NCF), a family run company dealing with the production of traditional and contemporary English food, with ten years of experience in the industry. However, despite tremendous performance in the past, the company is experiencing many challenges in the management of its information. To remain competitive in the market, NCF has to understand the changing needs of its customers and embrace a system that can support achievement of its goals. The accounting system used by the business is ineffective, and most of the records are managed manually. It is for this reason that ...
Introducing Azure
Overview The paper aims at expressing the need for employing different business intelligence tools to help solve diverse business challenges. To achieve the study objective, the paper outlines how Azure can be introduced to "Your House, Your Design Company" which is a business company with significant issues in data management. The paper starts by appreciating the vital role played by information need to companies and the need for proper administration of the same. Furthermore, the challenge with data management at Your House, Your Design Company is explained in detail with an explanation on how the problem can be solved ...
Introduction
Public administration revolves around a complex set of correlated ideologies that surmise public administration. Part of the public administration includes the implementation of state policies and public governance. This report focuses on the functioning of public administration with a particular interest in public management and leadership. Various reforms and transformations in the public administration have impacted on the leadership and management of public offices. Extensive research studies have been done on public administration and management in providing an insight on transparency and efficiency. Challenges in public management and leadership have resulted in the enactment of reforms in the administration ...
Abstract
This paper explores the different elements of business, specifically in the case of Apple, Inc. This company has been selected in view of the numerous material that is available on the Internet with regard to past and present empirical data on Apple, Inc. The elements of business – legal environment, social environment, economic environment, management structure, operational issues, financial issues, and potential change factors – are crucial issues that are discussed in this paper. Each of these elements must be appropriately addressed since weakness in any one of the elements would create problems for the entire business organization. Compliance with policies ...
Executive Summary
In general, the diplomas mentioned in the paper below have brought revolutionary changes to my personality and mind-set. They have broadened my vision and changed my attitude towards certain concepts in certain ways (that I have explained in the later parts of the assignment). I feel to have some inborn qualities relevant to the subjects that I took up and these courses have helped me polish my skills and expertise, and update my knowledge. As the course progressed, I could feel my development as a learner stage by stage. My teachers, supervisors, and group fellows have come in as ...
Introduction
Rapid revolution in information and technology is believed to be one of the significant changes that are taking place in the modern society. The emerging technologies have fundamentally redefined the way we live and work, the values we place on social institutions like health and education and even the family. Currently, there are some emerging technologies in the health sector, which are being used to manage healthcare information. It is also widely believed that the technologies have the potential of enhancing health care quality, improve the safety of patients and physicians, and reduce the healthcare cost. However, there are ...
Introduction
Human behavior plays an important role in managing the organizational culture and its performance. The management is directly responsible for the effective use of human capital and other resources in the organizations that delivers high-quality services and products. Human behavior is a broad area of management, and it helps the company to achieve its objective effectively. It is a collection of physical actions and observable emotions that are associated with an individual. The organization has tried to investigate different techniques and develop human behavior to run the operations smoothly and effectively and achieve the success. The diagnosis is an ...
Executive Summary
The modern business environment is characterized by the increased use of information technology and data comprise an essential component of the modern information systems. Database management systems are softwares that were developed with the objective of creating, storing and retrieval of data with ease. The database management systems commonly abbreviated as (DBMS) are software systems that can easily be updated with new information with ease. They have been essential in the use of information systems because they link the end applications with the end users of a database. Additionally, unlike the traditional methods of filing where data was easily ...
Abstract
Undeniably, the major objective of most organizations is to achieve business growth. Since the business environment has increasingly become competitive, the need to set strategic growth objectives has become essential. Thus, strategic management is needed in all business organizations to facilitate the setting and realization of their goals. The profitability of most companies coupled with the ease of market entry is one of the main causes of increased competition in the market for various products and services. Entrepreneurs identify the weaknesses of an organization in terms of production, delivery, and provision of essential services and improve on these areas ...
Introduction
Many factors related to management determine the success of failure of business. One of the most critical area in management that organizations must put more emphasize on is the material ordering process. Organizations consider many factors before ordering for materials, which affect the overall performance of the business. Material ordering falls under the supply chain management that determines the availability of products and services necessary to run the business. Supply of materials act as the backbone for the business success irrespective of how one manages manufacturing and distribution processes. On the other hand, the process of ordering materials adopted ...
Introduction
In context of fierce competition in front of even the well-known and developed enterprises need to fulfill rather complicated task of maintaining their positions and efficiency on the market. Typically, branding is considered to be effective management technique. Despite the fact it has been already implemented within the Nike Company, the management system faces new challenges of business environment. Therefore this technique should be implemented in new more efficient form in order to meet the demand of customers. This research aims to resolve the problem of brand management implementation on the basis of new principles of development and sustainable ...
Toddlers usually exhibit various psychological issues that have a significant effect on their wellbeing as well as health. As such, ADHD (Attention Deficit Hyperactive Disorder) is among the key psychological problems that affects a considerable number of toddlers and may continue even into adulthood (Webster-Stratton et al., 259). Essentially, ADHD refers to a chronic condition that is characterized by a combination of various persistent problems including hyperactivity, attention difficulties as well as impulsive behavior. According to CDC, about 5% of pre-school children aged less than five years were found to have AHDH in 2011. However, the statistics obtained by ...
ABSTRACT
Risks and assumptions analysis play a pivotal role in success of a project. After the identification of all the possible risks, all risks need to be quantified though critically examining the degree of impact the risks would have one the outcome of the project and then prioritized. Economic analysis could be used as one of the tools for assessing and managing risks. The economic analysis of projects is carried out before actually investing in it and is conducted throughout the project analysis when necessary, that is, design and preparation phase, implementation phase and post evaluation phase of the project ...
Planning, organizing, leading and controlling are the critical responsibilities associated with the management process in an organization. The case of Plant Fantasies Inc. highlights these roles. One of the main components that emerge as the building block for the success of the management process in relation to the roles of planning, organizing, leading, and controlling is effective communication. Effective communication is an important part of an effective management process as it helps to unify company-wide efforts effectively to help in strategic objectives of the organization (Williams 5). This leads back to Plant Fantasies Inc. Planning, organizing, leading and controlling ...
A business’s culture is defined by the values, and responses, of the people within an organization. More specifically, Brewis (2007) defines culture within a business organization as the shared commitment to, and understanding of, what matters to that organization, and the nature of interactions between the organization’s members. In the post-bureaucratic era, it is essential that leaders work to actively manage cultures within a business’s structure, in order to create an atmosphere of greater sustainability. This is intrinsically tied to the establishment of clear organizational ethics and the establishment of an atmosphere of corporate social responsibility. ...
Introduction
Leadership in the business plays a critical role in offering the direction to the organization, motivation to the workers, and in fostering internal relationship and smooth production (Adrian, 2011). The management plays the dual roles of structural and systematic directives as well as leadership roles along the socio-cultural perspectives. The roles and effective responsibilities of the directorship in the organization is critical in improving the business response and crisis management. Crisis may arise in the firm because of various reasons that can be centered in the internal enterprise operations or from the external factors associated with the industry operations ( ...
Essay one (China’s financial system)
Introduction and Thesis Statement The restoration of an economy from a depression requires a careful adoption of strategies. Various measures that governments use to promote the growth of key sectors as wells the entire economy have severe outcomes which must be considered before they are put in practice. Fundamentally, governments implement different fiscal and monetary strategies to solve economic problems, which may be successful or not. Thus, the analysis of the strategy to be deployed becomes essential to achieve the desired objectives. The financial sector in an economy is of central importance. As such, public policies that impact on ...
Assess the Security, technology, management and control functions within correctional environments.
Recently, the application of technology in correctional facilities has grown immensely as it assists to make prisons and jails safer. For instance, the millimetre wave imaging system has been used applied to scan visitors at these facilities. The system has proved effective because of its ability to look through an attire and sense weapons, non-metallic objects, and communication gadgets like mobile phones. The limitation of this technology is that it present the images of the body as they are making most people term it unacceptable. Moreover, most correctional facilities have implemented metal detection systems to scan both visitors and ...
Chapter 2: Literature Review
Introduction The chapter consists of all the relevant information that can be collected from past studies and are combined to present a clear view. It is the initial for determining the factors that can be used to synthesize the overall study through findings and discussion. The positivist approach is used to collect and summarize the information from the previous studies and determine the model that can be used to conduct a viable study. The positivist approach emphasizes all the relevant information regarding the topic that is to compare Islamic and Traditional banks using data envelopment analysis. The theoretical framework ...
Introduction
Change is inevitable within the organizations. In essence, the organizations in the contemporary competitive environment are required to undergo changes so as to remain competitive. In other words, change is imperative for the organizations because it would be possible for them to lose their competitive advantages devoid of it. Alkaya and Hepaktan (2003) describe change as a response to some considerable opportunity or threat that arise out of the organization. It is imperative to note that change takes place when the organizations make a transition from their present state to some anticipated future state. The task of managing change ...
Introduction
Strategic management is the central pillar of the success of business organizations (Rothaermel, 2015). The performance, as well as competitive capacities of national and international business organizations, hinge on the role of management (Rothaermel, 2015, p. 128). The needs for strategic approaches to business operations and management have become increasingly important due to increased global competition. Multinational corporations adopt various strategies such as national consolidation of firms and functions. Also, multinational companies engage in international joint business ventures through international mergers and acquisition to enhance their operations. Effective management strategies promote the capacities of business organizations to achieve their ...
Abstract
The high prevalence of substance use in the society has made more users to depend on opioid drugs to relieve pains and discomfort because of addiction. The problem contributes to high number of hospital visits and increasing admission rates in hospital’s acute care departments. The following paper aims at reviewing the literature on the acute pain management in chronic pain patients and opioid dependent patients. The outcome of the review plays a critical role in the field nursing practice by assisting professionals to develop strategies that help prevent adverse effects for the patient suffering from acute pain. The ...
Introduction
Effective management is crucial for the success of business organizations. Strategic management entails various stages such as goal setting, analysis, and the formulation of strategies (Rue et al. 314). Successful execution of each step requires effective coordination of all resources of the business organization. Poor management contributes significantly to the failure of various projects of an organization or the collapse of the entire organization (Rue et al. 315). This paper will answer several questions to demonstrate how poor management contributes to business failure.
Causes of failure of the wood project
One of the main causes of failure of the project is the fact that Juan, who ...
Laissez-faire is a style of leadership in which the leaders leave the workers or their subordinates to engage in their work using their own developed rules and policies. In Laissez-faire style of leadership, the leaders leave the responsibilities for their subordinates to execute them without the involvement of their seniors. Furthermore, the subordinates are left to choose the means in which to accomplish the tasks as there are strict rules, policies and regulations germinating from their superiors. The laissez-faire leadership is characterized by a deliberate abstention from interference or direction, and there is individual freedom of choice and action. ...
Ethics and Governance
The concepts of ethics and corporate governance are unceasingly becoming importance in the modern day organizations as they play a great role in addressing key issues. In that respect, the two concepts take varying approaches and their application varies among firms (Elms et al., 2010). Regarding the ethics issue, it relates to the norms and morality of a given community and what is right or wrong draws from those norms and morality values. In the modern world, the issues of ethics have been popularized given the increased cases of organizations that have been judged on the ethical basis (Cannon, ...
International management in an Asian context: Business life and management in China
Introduction Globalization has complicated the management process. As such, for one to be an effective manager, that individual needs to understand the global context of the management process. Fundamentally, one needs to appreciate the role of culture in the management process (Luthans & Doh, 2014). As such, the paper shall examine several features of the Chinese society and evaluate the ways they will affect the management process.
Discussion
Culture sensitivity is highly linked to effective management (Luthans & Doh, 2014). Considering the Chinese society, the Chinese have been socialized to believe that they are the descendants of Hun. As such, the Hun ...
Role of Small and Medium Enterprises in the Canadian Economy
The Small and Medium Enterprises (SMEs) are acknowledged as the engines of the Canadian economy. The success of these businesses leads to prosperity in the Canadian market. In Canada, 98.1% of the entire business activity lie in the category of small businesses and by the addition of the medium-sized businesses, it amounts to 99.8% of all the businesses. SMEs that belong to the Information Technology (It) industry are the major contributor to job creation and economic growth in Canada. SMEs contribute to more than 45% of the total Canadian export value that is more than $130 billion. It is ...
Executive Summary
In view of the issues facing the ABC management, the key solutions identified relates to three issues on cash and budget, innovation and product development as well as theft and fraud reduction. With that, The Cost and budget management solution is meant to enhance the business performance by reducing the excessive and unnecessary use of the company resources. That would be achieved through key initiatives involving effective management of the sales and expense as well as debt management that would cut on expenses and the interest paid on debt by having more responsible personnel overseeing the accounts and their ...
Liquidity Ratios
These are ratios that help accompany to meet its short term maturity obligations. They are arbitrary measures that are used to verify a company’s capability to settle off short-term debts responsibilities. They basically measure the ability of the company to meet its near-term obligations. Current ratio and acid test ratio are example of liquidity ratio measures.
Current ratio
Current ratio is a liquidity measure that shows the rate at which a company is able to meet its short- term liabilities using its current assets. It indicates the capability of a company to meets its short term liabilities with its current assets. Companies with current ...