Wednesday, May 6, 2020
Contemporary Strategy Analysis Text and Cases
Question: Discuss about the Contemporary Strategy Analysis for Text and Cases. Answer: Issues The vision and mission of the company is to be the leading company in the entertainment world. The strategies focuses on differentiating the company based on services and products. One of the major threats of the company is the cost of the Walt Disney Companys products and services. This is mainly because; the cloths and toys that are offered by the company are expensive as compared to its competitors. This is one of the major issues due to which the profit of the company was reduced (Wasko, 2013). The other threat is from the competitors. The major issue that is faced by the company is the dilemma with respect to choosing the best strategy. This includes whether the company should diversify its services or not. Diversification has both rewards and risks. The performance of Walt Disney is improving. The park and resort performance of the organization is better than its competitors. The company should not only focus on developing park performance, but also concentrate on investing in studio performance. The revenue of the company decreased by seven percent compared to its competitors. The company should concentrate in pushing new toys in the market based on the movies that they release in order to increase the revenue (Mannheim, 2016). However, there are two main issues that the company needs to address for the growth in its future. They are discussed in the paragraphs below: The first issue that Walt Disney faces is the poor performance of media network division. The revenue from the media network grew just by one percent. The contribution of the media networks towards the revenue is negligible. This is one of the major issues for the growth of Walt Disney. The second issue that Walt Disney faces is regarding the management strategy. This relates to the strategy of paying for acquisitions and stock. The share count of the company has also decreased by 0.4 percent. The spending of the company in the form of cash and stock is high during the purchase of new company and acquisitions (Peters et al., 2015). Analysis The poor performance of Media networks led to a decrease in the profit and revenue of organization. The theme park and the resort performance of the organization are contributing towards increasing the revenue of the organization. The organizations largest segment is media networks. The organization should not only concentrate on developing the theme parks and resorts but also put an emphasis on studio performances as the revenue from studio performance is declining. The organization was criticized for affecting the health of children by providing them bad working conditions (Dal Maso et al., 2015). The smoke that was used for filming the show greatly affected the health of the children. The company has also been charged on the grounds on violating human rights. The diversification of services involves uncertainty. It is a long process and complex where large amount of data needs to be collected by the manager of the organization. The product portfolio of the company is strong. The main weakness is that it relies heavily on the income from North America and that can be harmful for the organization. The organization is involved in acquisition that reduces the opportunities of growth of the company. The Research and Development technique of the organization should be well developed. Decisions The company has divided its market into various segments such as media and network, Walt Disney studio, theme parks and studio and product studio. The organization should not only concentrate on developing services and entertainment programs but also should concentrate on providing relevant toys and other accessories to increase the revenue. The products of Disney include magazines, books, musical records and television programs (Gupta, 2013). It is essential for the company to not just concentrate on one media network that is ESPN but diversify its channel to other network providers as well. These will help the organization to increase its profit. It is also beneficial for the company to rely on debt financing instead of stock and cash market. These will help the company to increase its share count. The dilution of the company in its strategies has led the company decrease in its share and profit. Hence, it is essential for the company to formulate and modify the strategies to achieve the goals and objectives. Firms gain economies of scale through improved allocation of financial resources, based on investments inside or outside the firm. Implementation of strategies requires the firm to improve its Research and Development area (Kantola et al., 2016). Outcomes Implementing proposed strategy will help the company increase its profit and shareholders. It will also help the organization achieve competitive advantage and survive hard competition in the market. In case of violation of child right, it is essential for the management to ensure that the employees work in coordination with the rules and regulations set by the government. The company should use products in its production that is not harmful to humans specially children (Grant, 2016). Moreover, acquisition alone is not a solution. Diversification of services and products is necessary for the benefit of the company. It will help the company with its competitors. References Dal Maso, C. B., da Silva, W. M., de Mello, P. C., de Paula Arruda Filho, N. (2015). Integrating Project Portfolio With Business Strategy: Imagineering.Future Studies Research Journal: Trends and Strategies,7(2), 155. Grant, R. M. (2016).Contemporary strategy analysis: Text and cases edition. John Wiley Sons. GUPTA, D. A. (2013). Organizational challenges towards international growth.Arth prabandh: A Journal of Economics and Management,2(10), 24-33. Kantola, J. I., Barath, T., Nazir, S., Andre, T. (Eds.). (2016).Advances in Human Factors, Business Management, Training and Education: Proceedings of the AHFE 2016 International Conference on Human Factors, Business Management and Society, July 27-31, 2016, Walt Disney World, Florida, USA(Vol. 498). Springer. Mannheim, S. (2016).Walt Disney and the quest for community. Routledge. Peters, J. C., Beck, J., Lande, J., Pan, X., Cardel, M., Ayoob, K., Hill, J. (2015). Using healthy defaults in Walt Disney World restaurants to improve nutritional choices. Wasko, J. (2013).Understanding Disney: The manufacture of fantasy. John Wiley Sons.
Friday, April 24, 2020
Organizational Behaviour Work in the Call Centres
Summary Competition in the service industry led to the development of the call centre strategy to promote sales for companies. Product companies also assumed the use of call centres as a tool to market their products and keep close contact with potential customers. The results of this strategy include the development of refined call centre staff members and an increase in the competitiveness of the companies that have call centres.Advertising We will write a custom article sample on Organizational Behaviour: Work in the Call Centres specifically for you for only $16.05 $11/page Learn More It follows that management functions inside these companies assume resource management practices that are not only oppressive to the workers, but also quite ineffective in motivating the employees. Management functions use electronic surveillance as a motivational tool to compel workers to increase their performance. While the idea behind electronic surveillance is plau sible, the psychological effects that follow this method of employee monitoring are adverse. Electronic surveillance causes the development of emotional labour in employees. The emotional labour attached to working in the call centres should be considered by management functions in the concerned companies. Useful quotes Taylor and Bain say that ââ¬Å"â⬠¦electronic surveillance has rendered workers powerlessâ⬠(Taylor Bain, 1999, p. 102). This quote echoes the sentiments of many workers in call centres, who undergo high pressure from the electronic devices monitoring their daily performance. The awareness that the management is constantly listening and watching over the employees makes it difficult for the employees to express themselves and it erodes of the development inter-employee relationships. Researchers have refrained from investigating the effects of electronic surveillance in the past, but the study in question has revealed that employees in call centres require less intrusive surveillance tools to maintain their motivation to achieve their highest competence levels. ââ¬Å"â⬠¦electronic surveillance creates total managerial controlâ⬠(Taylor Bain, 1999, p. 102). Managers in different companies use customer satisfaction as a tool to measure the performance of employees in call centres. This kind of pressure leads to the development of emotional labour for the employees, and it may have negative effects to their performance. In some cases, the pressure may lead to resistance from the employees (Taylor Bain, 1999, p. 111).Advertising Looking for article on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Characteristics of Taylorist system of organization Taylorism is a management system that allows companies to maximise profits through ultimate exploitation of resources. The system looks into ensuring that employees handle specific tasks in the workflow; thus, limiting t he need for training and development to acquire new skills. The taylorist system is characterised by stagnation among employees in one working area because the management seldom allows employees to change their working stations. In most cases, the employer designs the workplace strategically to ensure employees have limited need to move around as they work. As revealed in the case study in question, the call centres are good examples of the taylorist system in practice. The management functions in the call centres develop working areas where employees are isolated from each other to reduce time wastage through inter-employee communication during working hours. The taylorist system breaks down tasks into the simplest form to ensure that employees handle simple tasks (Babbit 2013). For instance, the telephone operators in call centres have specific tasks, which include receiving and making calls, and retrieving information from computers. Other employees are delegated with the task of recording and organising customer information. Simplicity in the workflow is a defining characteristic of the taylorist system. The system is also characterised by strict monitoring of employees and other resources in companies. The management employs strict surveillance tools like CCTVs and microphones to monitor the behaviour of the human assets. The main aim of the strict rules is to ensure the human resources always offer their highest competence levels. The taylorist system focuses on increasing the outputs from business processes with minimal consideration of employee satisfaction at work. Strengths of the system The taylorist system results to higher outputs for a company. The essence of doing business is to increase profits; hence, the system is one of the most viable management models. It influences the effective management of both the material and human resources in a company. The system also eliminates the need for human resource management functions to develop training and development programs for employees because their tasks are clearly communicated and quite simply defined. Promotion opportunities are limited in the system; hence, most employees attain high levels of skills in handling their tasks (Scientific Management 2014).Advertising We will write a custom article sample on Organizational Behaviour: Work in the Call Centres specifically for you for only $16.05 $11/page Learn More The system gives the management the power to control employees, although it may lead to high rates of turnover among the human resources. The system also simplifies work, meaning that in case an employee quits his job it would be easy to replace him or her with a new employee because they only need training in specific areas. The system develops a competent workforce with high levels of performance because they are forced to portray their best skills. Consequences of the system for workers The taylorist system leads to the development of pressure on the employees. The Taylorist system uses the concept of worker soldiering, which involves monitoring employeesââ¬â¢ time and performance. This method of surveillance exerts psychological pressure on human assets (Backer 1998). The employees are forced to deliver higher outputs, and the strict surveillance methods used may lead to emotional labour. For instance, in the call centres, electronic surveillance causes emotional labour for the employees because not only do they have to hide their feelings from the customers on the telephone, but they also have to hide their feelings from the employers (Taylor Bain, 1999, p. 107). The management demands that they should always be busy on the phone; hence, they have no time to engage in any social activities or rest while at work. The isolation designs in the system also lead to the development of task forces with limited interpersonal relationships. This lack of inter-employee relationships could lead to low cohesion betw een the employees when handling projects in teams. The taylorist system looks to motivate employees to work hard in their stations, but it may result to the erosion of motivation among the employees. When the management function becomes too harsh in handling the employees, they may resist the rules individually or in groups. The system also leads to many divisions of work to increase effectiveness in managing different tasks. Employees may get frustrated with the system because it does not open opportunities for promotions and personal career development. The management treats the employees as machines rather than human assets; thus, it may lead to high turnover rates. The taylorist system should be applied with caution in companies because it can lead to the opposite of its expected results. Employee motivation and monitoring should be integrated carefully for the realization of positive effects in their performance.Advertising Looking for article on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More List of References Babbit, T. 2013, Revisiting Taylorism at the Watertown Arsenal. Web. Backer, P. R. 1998, Scientific Management. Web. Scientific Management (Taylorism) 2014. Web. Taylor, P. Bain, P. 1999, ââ¬Ëââ¬ËAn assembly line in the headââ¬â¢: work and employee relations in the call centreââ¬â¢, Industrial Relations Journal, vol. 30, no. 2, pp. 101-117. This article on Organizational Behaviour: Work in the Call Centres was written and submitted by user Kat Farrell to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Friday, April 10, 2020
University Admissions Essay Samples for MBA
University Admissions Essay Samples for MBAThere are plenty of university admission essays samples for MBA. Usually, writing MBA admission essays is a difficult task and getting it perfect is quite a challenge for most students. In most cases, they are more concerned about getting it right than the quality of the essays. The following are several tips that can help students writing their MBA admission essays as per their need.The first step to writing an MBA admission essay is to write the introduction of the essay. The introduction should include the names of your parents, teachers, professional affiliations and the class rank. Your mother, father, teacher, or professor will be able to guide you in choosing appropriate words for your MBA admission essay samples. But at least one of them should be able to give suggestions. They can do this through a text message, phone conversation, email or even through a Skype conversation.The university admissions sample should also highlight the special characteristic you have which allows you to become successful in your life. The essay may be short and simple, but it must carry the special meaning of getting in the school you want to. You should be able to give reasons why you should be accepted in the school you have chosen.The topic of the university admission essay samples for MBA should be brief and attractive. You may have many topics to choose from; however, the easiest to remember ones will be the ones that may hold the maximum benefit. So instead of choosing a very long and complicated one, choose the short and easy ones to get to know your course's requirements.Once you decide on the topic of your essay, you should be able to make your essay interesting. There are lots of other aspects that may be your important aspects that you need to highlight. One of these important aspects will be the competition you are facing. This will help you emphasize the importance of your current job. Also, you need to discuss your p ersonal growth.The topic of your MBA admission essay samples for MBA is not the only important thing. Writing essays for these will give you the ability to hone your writing skills. If you fail to focus on these two things, you will only frustrate yourself and be discouraged by writing papers you think you will never be able to ace. However, if you are able to do so, then your future success will definitely be assured.The university admission essay samples for MBA can also serve as an effective tool for you to let people know who you are and what you can do in the business world. You may be perfect in writing academic essays. But that does not mean that you will never be able to create an impact in the business world. Thus, if you want to enhance your chances of getting accepted into the university you have selected, take advantage of the academic prowess and turn it into something useful.
Tuesday, March 17, 2020
Here Is What People Are Saying About Our Book
Here Is What People Are Saying About Our Book Here Is What People Are Saying About Our Book Here Is What People Are Saying About Our Book By Daniel Scocco We are getting close to 500 copies sold of our book, 100 Writing Mistakes to Avoid, so I wanted to give you guys a couple of updates. First of all we are working to get both a paperback and a Kindle version of the book available, as right now you can only get it in digital format (i.e., as a PDF). Second, the feedback we received so far is great. Out of 500 buyers only two asked for a refund, and that is because they thought they were buying a physical book. On top of that there were many positive reviews around the web. Here are some quotes I gathered: Thirty minutes after I got this book I looked up from my screen, a smile of intense satisfaction playing around my lips. It is not every day that one encounters gold nuggets, something this book truly is. (Fredrick Nwonwu) When youââ¬â¢ve been writing for as long as I have (my first piece was published in 1958 when I won a national Sunday school magazine short story contest), there is a dangerous tendency to think you know all you need to know, and itââ¬â¢s only necessary to come up with brilliant ideas. Well, just when you think you know it all someone comes along to pull you back jerkily to reality. 100 Writing Mistakes to Avoid, by Maeve Maddox, is only 45 pages long, but like the proverbial ant in the elephantââ¬â¢s ear, it can have a disproportionate impact on the quality of your writing. (Charles Ray) Unlike other English grammar books, which are lengthy, complex, and boring, ââ¬Å"100 Writing Mistakes To Avoidâ⬠is simple, straightforward, and it focus on the 100 mistakes that are probably already hurting your writing pieces. (Satish G.) This book will make it easier to identify and avoid mistakes which might make our clients think less of us. As a British writer who often writes for an American audience, itââ¬â¢s useful to have guidance on a few stylistic points that may feel wrong to me but may be right for my readers. (Sharon Hurley) Where I think the guide comes in really handy is for writers who are committing these mistakes and may not even realize it. These arenââ¬â¢t the kind of things that are picked up in a spell check and unless we know what to look for, in all probability, we will continue oblivious to these types of errors. (Travis King) If you dont have your copy yet you can buy it here for $9.99. Finally, I also wanted to thank all the readers who already bought the book. It is a way to support the work we put on this blog, and we sure appreciate it. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the General category, check our popular posts, or choose a related post below:20 Types and Forms of Humor36 Poetry TermsGrammar Review #1: Particles and Phrasal Verbs
Sunday, March 1, 2020
Cheating with Technology
Cheating with Technology Educators are showing serious concern about cheating in high schools and for good reason. Cheating has become commonplace in high schools, largely because students are using technology to gather and share information in rather innovation ways. Since students are a little more tech-savvy than many adults, grownups are always playing catch-up when it comes to finding out what students are up to. But this technology-centered cat-and-mouse activity can be fatal to your educational future. Students start to blur the ethical boundaries and think itââ¬â¢s OK to do many things, simply because theyââ¬â¢ve gotten away with them in the past. Thereââ¬â¢s a big catch to blurring the line when it comes to cheating. While parents and high school teachers might be less savvy than their students about using cell phones and calculators to share work, and too overworked to catch cheaters, college professors are a little different. They have graduate assistants, college honor courts, and cheat-detecting software that they can tap into. The bottom line is that students can develop habits in high school that will get them expelled when they use them in college, and sometimes students wonââ¬â¢t even realize their ââ¬Å"habitsâ⬠are illegal. Unintentional Cheating Since students use tools and techniques that have not been used before, they might not always know what really constitutes cheating. For your information, the following activities constitute cheating. Some of these can even get you kicked out of college. Buying a paper from an Internet siteSharing homework answers via IMs, email, text messaging, or any other deviceUsing a whiteboard to share answersHaving another student write a paper for youCutting and pasting text from the Internet without citing itUsing sample essays from the InternetUsing text messaging to tell somebody else an answerProgramming notes into your calculatorTaking and/or sending a cell phone picture of test material or notesVideo recording lectures with cell phones and replaying during testSurfing web for answers during a testUsing a pager to receive information during a testViewing notes on your PDA, electronic calendar, cell phone, or other devices during a testStoring definitions in a graphing calculator or cell phoneBreaking into the teacherââ¬â¢s computer filesUsing a watch to hold notesUsing a laser pen to ââ¬Å"writeâ⬠and send answers If youââ¬â¢ve been transmitting answers to homework or test questions, thereââ¬â¢s a pretty good chance youââ¬â¢ve been cheating- even though it might have been unintentional. Unfortunately, thereââ¬â¢s an old saying that states ââ¬Å"ignorance of the law is no excuse,â⬠and when it comes to cheating, that old saying holds up. If you cheat, even by accident, youââ¬â¢re risking your academic career.
Friday, February 14, 2020
Enterpuener company Essay Example | Topics and Well Written Essays - 1250 words
Enterpuener company - Essay Example This is one of the rare companies, which have had the courage to explore the virgin territory of natural gas in the Rocky Mountains. Mr. Barett decided to meet me in an old coffee shop at the corner of the road and allotted me an hour to complete my task. 2) The company operates in the Rocky Mountains, one of the most endowed places in the U.S., which abounds in natural gas. The company did not restrict itself only in the field of natural gas and has ventured into refining oil too. Two reasons had resulted in success of the company: Firstly, strategic location of the points, where it had set up its drilling inventory, has been propelling growth. The company strongly believes that these points have huge reserves and will result in generation of revenues. Bill Barrett Corporation has spread its operation over five major basins of Rocky and Mr. Barrett proudly informs that the company has proved its mettle and emerged as a dominant player in most areas it operates in and is also the largest, in terms of coverage area, he added. The company is particularly interesting because it maintains a strong balance between developmental and exploration projects. 3) Mr. Barrett informed that when the company was first set up, the main objective of was to establish it as an exploration company in a true sense, so as to tap natural resources of the Rocky and emerge as one of the dominant players among the Rockies E&P company. After more than ten years of operation, the company has gone from strength to strength to establish itself as one of the most significant players in its genre. The claims made by Mr. Barett are backed by the current evidences, like, proved reserves of 197 MMBoe, including 88% growths in proved reserves at three active oil programs. The financial performance of the company is quite robust as the figures indicate. For instance, total debt of the company has reduced by $189 million from 2012, in 2013
Saturday, February 1, 2020
Undecided Essay Example | Topics and Well Written Essays - 1250 words
Undecided - Essay Example Evidently, strong linkages can be observed between four of the much idolized political documents where the idea of the previous show a certain degree of influence on the current political doctrines being followed. These four documents involve, Barack Obamaââ¬â¢s Second Inaugural, Robert Kaplanââ¬â¢s ââ¬Å"Was Democracy Just a Moment?â⬠, the Universal Declaration of Human Rights (UDHR), and Franklin Delano Rooseveltââ¬â¢s Third Inaugural, commonly referred as ââ¬Å"The Four Freedomsâ⬠. THESIS STATEMENT In this thesis, similarities between the ideas presented in the above mentioned four political documents will be discussed. Similarities in this context will signify the influence of previously executed political ideas on the new thoughts developed, which in turn would imply the above stated notion that historic events, even in the doctrine of politics, tend to be interlinked through their unique ideologies. To be precise, the discussion henceforth will emphasize as sessing the ways one political event influenced the following political ideas and thus, contributed to national well-being in different eras and different situations. DISCUSSION The ââ¬Å"Second Inauguralâ⬠of 44th US President Mr. Barack Obama took place in the year 2013. The political ideology expressed by the President in his Second Inaugural emphasized on his belief and the historic significance of democracy for America. He thus implies that as a President, possessing the power of the Constitution of the US, his main objective is to seek that the people of in America are bind together irrespective of color, religion and names as they have been for years. The thought here ignites a value of equality within the nation, which can be identified as based on the ideas developed over two centuries before stating that men are to be treated equally with equal rights, opportunities, liberty and happiness. Importance of these thoughts can be found exhibited throughout the political h istory of America (White House, ââ¬Å"Inaugural Address by President Barack Obamaâ⬠). For instance, dating back to 1941, when the 32nd US president, Mr. Franklin D. Roosevelt pronounced the four most vital freedoms that every American must receive in the nation, viz., ââ¬Ëfreedom of speechââ¬â¢(signifying the linguistic and cultural equality of the nation, ââ¬Ëfreedom of worshipââ¬â¢ (signifying the religious equality principle in the democracy), ââ¬Ëfreedom from wantââ¬â¢ (implying the principle of the nation to make basic life supporting amenities available to every American) and ââ¬Ëfreedom from fearââ¬â¢ (indicating the right of people to safety). Notably, in the 1941 period, America was undergoing substantial political changes where democracy was taking a much stronger and prominent importance against the tyranny suffered by many of the American communities even in the midst of the early and mid 20th century. Thus, by propounding these political id eas, the then US President aim to ignite a feel of equality within the nation, eradicate communalism differences and eventually, give a new direction to the countryââ¬â¢s development (AmericanRhetoric, ââ¬Å"The Four Freedomsâ⬠). . The President of the US, Barack Obama has also mentioned that with the ideologies of equality and democratic power within the country vowed from centuries. However, with gradual changes
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