...CORPORATE GOVERENCE OF PAKISTAN ASSIGNMENT # 01 Roles and Responsibilities of Managers and Directors MBA 03 Submitted to: Sir Sahaab ul Din Submitted By: Shahzaib Khan Reg #; SP13-MBA-13 Submission Date: 3rd February, 2014. Roles and Responsibilities of Management A manager wears many hats. Not only is a manager a team leader, but he or she is also a planner, organizer, cheerleader, coach, problem solver, and decision maker. Henry Mintzberg describes a set of ten roles that a manager fills. These roles fall into three categories: * Interpersonal: This role involves human interaction. * Informational: This role involves the sharing and analyzing of information. * Decisional: This role involves decision making. These are basics roles which are basic of any manger and followed in Pakistan as well. 1) Fundamental Management Responsibilities in Pakistan: i. Managers are primarily responsible for: * ensuring the development, performance, and conduct of each employee working in the organizations; * defining clear goals and courses of action to subordinates, and following up to ensure that these are carried out; * ensuring the well-being and progress of the personnel in their groups; * fostering...
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...A Crew Member's View of Arby's, Inc. by Tavis X. Crayk In this paper I will be discussing my current employer, Arby's restaurant chain. I will cover a brief history of the company including its current business enivornment, the management structure, the operational and financial issues that I see as an employee of the company, and finally any potential changes that I see in Arby's future. As the low man on the totem pole of this fast food chain, I believe I have a unique perspective of the company. The goal of this paper is to provide that view to the reader. A subsidiary of Triarc Companies, Inc., Arby's Inc. is a leading global fast-food restaurant chain with more than 3,400 restaurants worldwide. Arby's is seperated in the fast-food industry by its menu, which features roast beef sandwiches. The chain expanded rapidly during the 1970s and 1980s by franchising. In 2014 the Arby's chain celebrated its 50th anniversary, and its corporate website currently boasts over $3 billion in system wide sales. Arby's brand originated from the brainstorm of brothers Leroy and Forrest Raffel. The Raffels operated a food-service equipment business in Youngstown, Ohio, in the early 1960s, and noticed the boom taking place in the fast-food industry. It had been only about ten years since Ray Kroc had purchased the national rights to franchise the McDonald hamburger operation, and Burger King was already jumping into the franchising game using a similar version of the...
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...The Mangement techniques are designed in such a way that can be used in almost all complicated situation. There is list of “softer" managerial &’’ tough’’ managerial skills that turns average performers to star performer. It should be noticed that what ultimately differ the good to great achievers with the help of these management skills. The benefits of various Managerial approaches are: 1. Hawthorne effect Frederick Taylor's introduced some influential ideas, so that individual’s performance can be improved . Hawthorne established some social context which was influence through external surroundings. The experimenters concluded that changing the physical conditions as well as working hours, rest breaks improves the workers' productivity. This approach has led to increase production with lower Absenteeism. (The Economist, 2014) 2. SWOT analysis The advantages SWOT analysis is its low cost. It can be done by anyone who understands the situation. It consume less time for addressing the complex situation. It does not require any external consultant .It helps to understand problem while addressing weaknesses with the deter threats at the same time. Most importantly it helps to capitalise opportunities with the understanding of strengths. 3. Centralization While Centralization of decision making helps in Reducing cost of the budget. It also leads to uniformity in action of top management. Its impact is more clearly visible due to existence of personal leadership...
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...contributed to damages done to the stockholders. Issues included: Breaking Wisconsin Disclosure Law, Shareholders filed a Derivative Action, and because of certain actions Risk Corp. lost money due to the data breach. There are several relevant laws & principles that pertain to Risk Corporation. The Business Judgement Rule could be used as a defense for Tom Lawless in response to the derivative action. The business judgement rule states that directors and officers are immune from personal liability if their actions are reasonable when made but prove to be detrimental to the corporation. Next, the Duty of Loyalty may have been broken when Lawless didn’t put the corporation's interest ahead of personal interests. This happened when the Risk Corp. didn’t disclose the potential conflict of interests regarding cyber break-ins. The Duty of Care is relevant because the directors and officers have a duty to exercise reasonable care in conducting corporate affairs. And lastly Shareholder litigation is seen here when the shareholders filed a derivative action after the discovery of the data breach and the decline of stock prices of the Risk Corporation. Scenario 2 A shareholder is part owner of a corporation based on the percentage of the corporation's stock the shareholder owns. Shareholders have the right to vote to approve any fundamental corporate changes that the board of directors wishes to implement. Examples of changes are amending the articles of incorporation or its by-laws, merging...
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...company that I am currently working for has a code of ethics, which is called the Rx Outreach Code of Ethics. Rx Outreach is a mail order pharmacy that is fully- licensed to disturbed prescription medication. Rx Outreach is proud to deliver affordable and safe medication to all ages that is in need of medication. The most exciting fact about this program is that you may have any type of insurance, medicaid, and medicare you still eligible for the program. The only income guideline patients must meet is the income portion and if they do the patients will qualify. According to the company mission statement it states “To Provide Affordable medications for people in need.” (RX OUTREACH ) The ethical system used by this company is duty- driven. The company challenge its self to strive harder to increase the business performance. We live in a world that is constantly changing so we have to challenge ourselfs to become better in what we currently doing. Also the company has open door policy were you must respect your co-worker and empolyees. In this corporation we try to lead by example and do the right things as well as follow the the proper engagements. In the company code of ethics all employess officers, and directors has to comply by Rx Outreach code of ethics. Everyone must comply with the laws, rules aregualtions of fedral, state, provincial and local goverments. Also we all must take part in...
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...deliver guest-driven service, enhance value, build guest loyalty, and promote repeat business. Students learn theoretical and practical skills for effective management of food and beverage service operations relating to front and back of the house, leadership, management principles, service skills, service styles (French, Russian, American), and training of personnel. : CO# | Description | PO1 | PO2 | PO3 | PO4 | PO5 | PO6 | PO7 | PO8 | PO9 | PO10 | PO11 | PO12 | PO13 | PO14 | 1 | Describe basic management principles and concepts as applied to food service professionals. | | | | | | | | | | | | | | | 2 | List and discuss the duties of the different job responsibilities of food servers, caterers/banquet servers, room service attendants, beverage servers and bartenders, as well as various management positions in food & beverage. | | | | | | | | | | | | | | | 3 | | | | | | | | | | | | | | | | 4 | Compare and contrast the management elements of American, French and Russian service. | | | | | | | | | | | | | | | | Perform the different skills in napkin folding, table skirting, flower arrangement, and fruit carving. |...
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...qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwer...
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...The conference is over and the boss wants the project wrapped up with an accession on best practices that can be shared with the rest of the organization. Strong leadership practices will need to be put into place to ensure managers receive the best accession. Project managers will need to adhere to the highest level ethics while measuring the progress of this project from the beginning to the closure. Steps will need to be taken to determine the effectiveness of the project. Describe the leadership practices you would incorporate into this project. A leader should lead by example. “Often, when faced with uncertainty, people look to others for cues as to how to respond and demonstrate a propensity to mimic the behavior of superiors.” (Gray & Larson, 2006, p. 325) How a project manager deals with tasking is often viewed by employees and the act is copied. Project managers have an influence on how others respond to different issues related to assignments. Six aspects of leading by example are priorities, urgency, problem solving, cooperation, standards of performance and ethics. “Unfortunately, it is estimated that about 90 percent of all projects are not seriously reviewed or audit.” (Gray & Larson, 2006, p. 461) Project managers should lead by example and treat the audit of the end of a project as a priority. Issue deadlines for each step as a symbol urgency of project completion. Situations needing problem solving should be embraced and welcome to encourage...
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...Throughout this essay I will be addressing the social, cultural and economic impacts which affect Brazil community. Rio de Janeiro carnival dates back to 1723 it is one of the world’s biggest carnivals, it is a hallmark event. It is known to be one of the most interesting artistic celebrations it involves 4 days of continuous partying and having fun before Ash Wednesday. This event provides an insight into the true culture of Brazil it showcases their beliefs and moralities. It is considered to be a performance of farewell to the pleasures of flesh which is the absence of human temptation and food desires. This event is performed annually 46 days before Easter and the celebration involves dancing, singing, party and having loads of fun with one of the major highpoints being the "samba" music. The purpose of the samba is to signify hedonism also the true celebration of life. It is known in Brazil that 75 % of the population is Roman Catholic therefore the carnival demonstrates all the different cultures and their backgrounds. (Enjoy festivals 2013) Having the Rio de Janeiro carnival it benefits the community by improving social ties and it gives the opportunity for the community that they can pull it together for the greater good. (Perry, S 2010) Rio de Janerio carnival is classed as a hallmark event. A hallmark event is an event that takes place annually in the same place; this will then bring to mind the location of where the event was held. It is also where the event becomes...
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...I. BACKGROUND INFORMATION/ADDITIONAL PERSPECTIVES In 1986, a group called London Greenpeace which is an activist body campaigning on a variety of environmental and social justice issues, produced and distributed a leaflet entitled ‘What’s Wrong With McDonald’s? – Everything They Don’t Want You To Know’ outside a McDonald’s store in the United Kingdom. It criticized almost all aspects of the corporation’s business accusing that McDonald’s: is complicit in Third World starvation; buys from greedy rulers and elites and practices economic imperialism; wastes vast quantities of grain and water; destroys rainforests with poisons and colonial invasions; sells unhealthy, addictive junk food; alters its food with artificial chemistry; exploits children with its advertising; is responsible for torture and murder of animals; poisons customers with contaminated meat; and exploits its workers and bans unions. At first, McDonald’s ignored the London Greenpeace campaign but when it grew and was taken up seriously by more and more groups around the world in 1989, they decided to take extreme measures against the group. McDonald’s hired seven private investigators to spy on the London Greenpeace to find out who was responsible for the production and distribution of the leaflet. And to be able to file a libel case they will need names of individuals. So the spies penetrated to the group to get names and addresses, took letters sent to the group, got fully involved to the group’s...
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...Security and Privacy Funmi Fashakin HCS/533 June 10, 2013 Aimee Kirkendol Security and Privacy Patient security and privacy is one of health care organization fundament responsibility in meeting the organization objectives and providing services to the community the organization serves. Patients’ health care information are expected to be kept confidential and protected, there is a legal and ethical responsibility binding health care organization to protect and to develop a plan within the organization to protect patients’ medical records. There is always a privacy concern when patients’ medical data information are not protected and secured during a natural disaster. In this paper natural disaster scenario case of a small town on Gulf Coast that was struck by a hurricane will be discuss, also management detailed plan for patients’ medical record privacy and security will be discussed. The implementation of management plan for staff training and code of conduct will be discussed. A disaster is an adverse event as a result of natural processes of the Earth. It can cause losses of life, property damage, and electronic damage. Examples of natural disaster are flood, volcanic eruption, earthquakes, tsunamis, and other geologic processes. Actions to take when patients ask for their records Patients health care records serves many purposes to patients, it provides patients with accurate summary of patient’s health, patients have legal right to...
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...A Restaurant Practicum Report On MatsuriDaikoku Food Inc. 233 Tomas Morato Cor. E. Lopez Jr. , Near ABS-CBN Compound Quezon City , Metro Manila TRAINING PERIOD: February 16,2012-May2012 In Partial Fulfillment of the requirements for the course SWEP – Supervised Work Experience Program For a degree in Bachelor of Science in Hotel and Restaurant Mangement Submitted by: Evangelyn A. Jugueta Sta.MonicaSubd.Ugong , Valenzuela city 09269792307/09092387282 Submitted to: SWEP Coordinator Submitted on: October2012 Matsuri Japanese Restaurant Table of Contents Introduction of the Company Vision, Mission and Goals of the Company Organizational Chart CHAPTER TWO The Company and its Operations: SWOT Analysis Case Presentation and Discussion Recommendations CHAPTER THREE . Daily Training Experience Report General Perception of the Training APPENDICES Pictures in Action Pictures of Facilities Rules and Regulations Establishments Brochures Pictures of the Food with Definitions Updated Resume A.) INTRODUCTION OF THE COMPANY Matsuri Japanese Restaurant was opened November 21, 2007. Pioneer in the restaurant industry, there is no success story as remarkable as that of the Triple V-group ( Saisaki, Kamayan, Dad’s and Samboko Jin Restaurant) owned by Mr. Victor V. Villavicencio ( VJ Villavicencio, the owner of Matsuri. ) Mr. Victor Sixto Jose B. Villavicencio opened his very own restaurant with the systems and manpower run...
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...* All assigned chapter readings are covered. * All TCOs are covered. * The Final Exam is 230 points total broken out as follows: 5 Short Answer (10 pts each), 4 Essays (45 pts each). * You have 3.5 hours to complete the exam. * SAVE frequently, because when the time limit is reached you will automatically be exited from the exam. * There are 2 pages for the exam. They do not need to be completed in order. * Help Desk phone number: 800-594-2402. * See Syllabus/"Due Dates for Assignments & Exams" for due date information. Week 8 : Final Exam and Looking Ahead - Final Exam ------------------------------------------------- Top of Form Time Remaining: | | Page: 1 2 | Page 1 Question 1.1. (TCO A, B) How is job dissatisfaction reflected in an organization? (Points : 10) Job satisfaction is the collection of feelings and beliefs people have about their jobs. Job satisfaction is a positive feeling about your job resulting from an evaluation of its characteristics as we studied in the last weeks job dissatisfaction is reflected within any organization or company through the attitudes , actions and performance of that dissatisfied employees within that organization, we all agreed in our weekly Discussion that when employees are dissatisfied they are less likely to perform their job effectively and efficiently, show no enthusiasm to go the extra for the company or fellow employees, and tend to be absent a lot, if...
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...[pic] Background of the Topic Modern communication plays an important role in the economic development of a country. Mobile operating companies are the primary contributors to the fulfillment of the demand. Practical knowledge is fundamental for the application of the theoretical intelligence. The goal of this analysis is to expose the student in the organizational work situation also to provide an opportunity for applying classroom learning in practice. There are some differences in theories and practices. Limitation of the Termpaper It is really very difficult to find out every single issue within this limited period of time. Overally the the limitations those we have faced are: ➢ Time Frame. ➢ Access to more internal information of different company. ➢ It was really difficult for us to accumulate confidential financial data of that companies . ➢ Bureaucracy. ➢ The company does not have sufficient source of secondary data and collecting of Data was not smooth. Sources of Information The scope of the study is limited within telecommunication business in Bangladesh. It is also limited within the organization of “AFS”. And for that reason that information was very much restrictive within the organization as the telecommunication business is going to be very much Competitive. The following sources have been used for the purpose of gathering and collecting data as required. A. Primary sources: 1) Observation 2) Personal interview ...
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...Proposal for Effects of Foreign Direct Investment towards Economic Growth, Exchange Rate, and Management Skills in Malaysia Research Method (MKT651) Noor Azyan Syawanie Bt Abdul Ghani Nur Athirah Binti Mohamadzin Nur Aishatul Adila Binti Adnan Effects of Foreign Direct Investment towards Economic Growth in Malaysia Introduction Malaysia is a nation that has been working itself up from the predominantly mining and agricultural based economy towards a more multi-sector economy. To achieve a faster economic growth, Malaysia has accepted an unparalleled opportunities for developing this country through globalization (Athukorala, 2003). An offer of combination of locational advantages by the government is a factor that foreign investors got tempted with (Farhad, Alberto, & Ali, 1999), to invest in Malaysia. Foreign investors has been encouraged by the Government to invests in Malaysia in which has the advantage of having a well-developed infrastructure, industrious workforce, as well as politically stable nation with a good legal system with the additional attractiveness of incentives for the foreign investors. In other words, foreign investors are attracted to invest in Malaysia because of the lower cost of production (Wong, 2005). FDI is a medium for acquiring skills, technology, organizational and managerial practices and access to market, besides being the source of finance and employment (Farhad, Alberto, & Ali, 1999). There are a lists of exports by...
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