...When Faced With Growth In the last five years, Jayne has been the successful owner of a mobile sandwich concession called Janye’s Sandwich Stop. She creates fresh and tasty sandwich and other lunch items popular among the shoppers and workers in the town, which made her business a big success. In the last year, Jayne has added three bicycle-towed concessions to her business, spreading her popular products in strategic locations in the region. She utilized Facebook to promote her business, publish her daily menus and post the locations of her bicycle concessions. Jayne is gratified by her success, but she wants to expand her business to something more lucrative, implement a greater variety of food products and services, and increase her competitive edge in the region. When a restaurant space became available 20 miles from her trailer concession location but close to a mall and the suburbs, and nearer to her local food producers, Jayne jumped at the opportunity. She hired professional business consultants to help set up her restaurant; however she knew she must also consider her financial, HR and management needs as well as her ethical and potential social responsibilities. Growth Strategy Jayne should create a thorough business plan, clearly identifying the goals of her business expansions to include her executive summary, proposed business, industry analysis, mission statement and core values, management plan, goods and services production processes, marketing and financial...
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...I. MACROECONOMICS Issue or Problem: Economic growth II. SUMMARY/Synopsis OF ARTICLE: Economic growth has dropped to .1% in the Eurozone. After an 18 month recession, the countries began to show economic growth. However, while in the last period growth was at .3%, this period it has dropped. In order to increase grown, Europe’s central bank cut interest rates to just .25%. This drop in economic growth is different in the Eurozone countries. Weaker countries had to even taken bailout money. Some of the affects it had on citizens were large-scale job cuts, reduced wages and pensions, higher taxes and widespread changes to public services. Even more prominent countries, such as France and Germany, showed decreases in growth. One of the reasons a decrease in growth is happening in the Eurozone is because of a decrease in exports. Exports dropped to 1.5% in the third quarter. While there was a decrease in exports, some are saying that production is picking up and that there should be a gain soon. III. MACROECONOMICS CONCEPTS: A.) 1) Recession-a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. 2) Contraction- the process of becoming smaller. 3) Interest Rates- the annual rate at which interest is paid: a percentage of the borrowed amount. 4) Debt- something, typically money, that is owed or due. 5) Unemployment- the failure to use all available economic resources...
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...| Student ID | --- | This assessment will assess the following Learning outcomes: This assessment will assess the following learning outcomes: * LO 2: Analyze patterns of economic activity in the UAE from an oil-based economy to development of the non-oil sector. * LO 3: Evaluate the role of the non-oil sectors on the UAE economy. Declaration; Individual: * No part of this assignment has been copied from another source, (not from another group or student, an internet source or a book). * When another person’s words are used, this is shown in the text with “…” and referenced. * No part of this assignment has been written for me by any other person. * I have a copy of this assignment that I can produce if the first copy is lost or damaged.Name ………………………………………………… Signature …………………………………………….Declaration; Group: * No part of this assignment has been copied from another source, (not from another group or student, an internet source or a book). * When another person’s words are used, this is shown in the text with “…” and referenced. * No part of this assignment has been written by anyone other than the members of the group named below. * We have a copy of this assignment that we can produce if the first copy is lost or damaged.Names and Signatures :Name 1 Majid Abdulaziz Alowais Name 2 Ahmed Abdlurahman Alshamsi Name 3 Omar Bin Hindi Name 4 Abdulla Hussain AlshamsiName 5 Khalid Al Mansoori ...
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...and has implications on the growth and success of an organization. Finally, this case can be used to provide an example of the evolving need for change faced by global companies in their efforts to remain competitive. This case can be used to 1) Identify specific value changes precipitated by globalization in recent years 2) Increase awareness of the managerial implications of cultural as well as demographic changes for developing appropriate HR strategies and programs 3) Understand the concept of generational identities in a fast-changing economy, such as South Korea 4) Expand understanding of generational cohorts, by comparing and contrasting South Korea and the U.S. 5) Appreciate the critical importance of an organizational culture in laying the foundation of a robust HRD philosophy 6) Learn to develop solutions and HRD strategies based on a thorough analysis of an organization's environment 7) Appreciate that even strong organizational cultures need to adapt when faced with changing demographics and specific challenges This case can be taught at an advanced undergraduate or graduate-level course in human resources management, organization change and/ or international management. It presents a discussion opportunity to evaluate the mutuality of an organizational culture and an HRD Centre. It is evident that development of HR philosophy and programs is influenced by the diversity of its workforce, and has implications on the growth and success of an organization...
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...difficult to predict, the model forces the managers to plan and think ahead. When launching a new product, the marketers can foresee which steps the (successful) product will undertake in its journey – development, growth, maturity, and decline. As such, they can devise strategies that suit each stage of the product in order to improve its chances of success and also to plan strategies to tackle the next phase. Not only that, but looking to the future allows the firms to better understand the present: they thoroughly analyze their current resources to prepare for the future, enabling the company to study itself away from the urgent and temporary actions/routines of the present. 2. Lifebuoy came to the market positioning itself as a germ-killer disinfectant. As India was facing a severe plague at the time, the company’s soap was met with great success by the consumers. Lifebuoy particularly targeted blue collared rural workers and hard-workers that needed a strong soap to remove dirt after a long day of physical work and therefore to maintain their health. Its jingle together with a distinctive scent and label boosted sales, as a significant amount of Lifebuoy’s target consumers could not effectively read. It faced no competitor in its market (health & hygiene) and, via advertising in radio, cinema clips and posters, Lifebuoy gained enormous market share in the rural market. 3. Lifebuoy experienced a strong growth period around the 60s decade, with great increases in turnover (top 5...
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...structure and control. It reveals the challenges faced by Western managers in telling Eastern managers the need to improve their performance. The Firm is a consulting firm with locations all over the world. It provides a range of business advisory services including taxation and accounting audits and recovery and management consulting. Mr. Alfonso Farquar was recruited by the Firm to conduct a review of the performance of some of the Firm’s Asian practices. After review of this case there are many problems related to cross-cultural management and organizational structure and control. Had the Firm researched these cultural differences Farquar could have approached the review with more knowledge and the project could have been supported. ANALYSIS: In reviewing this case numerous problems are revealed; cross-cultural management and organizational structure and control. Alfonso Farquar was recruited by Mr. David Mossman to travel to Taiwan and India to review their practices and find reasons for their slow market growth. He was advised to transfer a “best practice” approach to Business development to the Asian practices. After completing his evaluations of the Asian practices he was to report his findings to Mr. Honeysuckle. Although Farquar had never traveled overseas, never met any of these executives and was excited about the opportunity, he failed to understand the cross-cultural differences between both countries. When communicating with the Asian practices, Farquar...
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...Case Study Report on EnerNOC:Turning Energy Case Summary: The electricity demand in U.S have a rapid growth to reach the demand. In 2007-2030 electricity demand is expected to rise 26%, or about 1% per year, but the growth in electricity generation was forecast at 23.9% over the same time. Demand increases for the 23 year period were projected to be largest in the commercial sector (38 %) followed by the residential sector(20%) and industry (7%). Regardless the growth in individual sectors, the demand -supply gap was a problem for all consumers since all depended on generating capacity and grid. Building a new capacity could take more time due to restrictions, siting problems, and not-in-my-backyard resistance to new power plants. In 2007, 70% of planned coal fired plants were either cancelled or contested in courts, even before they reached the permitting stage. And the cost of new capacity is also a major factor. A two day power blackout that struck in north east U.S on 14,2003 gave a wakeup call to regulators of the system which effected 50 million customers. But the risk of outages continued during peak demand periods due to capacity constraints. To reach the demand supply should be increased or gains should be encouraged and also the managements problems faced in ENERNOC should be solved by good strategy. Analysis: The major key consideration for adding a power plant is environmental consequences like global warming, energy related emissions of carbon dioxide(C02)...
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...QUESTION: Identify the environmental factors that led to the growth and decline of People Express Airlines. The environment includes all elements outside the boundary of the organization. Key elements include the industry, government, customers, suppliers, and the financial community. All organizations face uncertainty in dealing with events outside their boundary and have to adapt to new competition, economic turmoil, changes in consumer interests or innovative technologies. In case of People Express Airlines (PE), these external environment factors have been responsible for its growth as well as decline, as discussed below. Factors responsible for growth of PE: Government and Regulations PE benefitted from deregulation in the airline industry, and phasing out of restrictions on new entrants, new routes and fares. This regulatory change in the industry was responsible for inception of PE. Customers and Preferences PE found great acceptance among its customers, and their numbers grew quickly which was largely responsible for its explosive growth. PE focused heavily on its customers and devised its business strategy to provide unrestricted, reduced prices, and convenient flight schedules customers. Moreover, its marketing campaign focused on customers and its services for them. As a result, demand for its services was overwhelming. Economy PE found an abundant pool of pilots who could make good flight managers, as there were many pilots who had been laid off...
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...DSP Communications Inc., with Intel’s flash memory operations (Palmer, Dunford, Akin 2009). The next change was, creating the Architecture Group. This group combined the development and manufacturing of core processors. In Barrett’s third year, he reorganized the Architecture Group and created a new unit consisting of a merger of communications and networking operations (Palmer, Dunford, Akin 2009). Unfortunately, many of his efforts were failing and Intel was in worse shape three years into his tenure than they were when he took over. Identify three significant environmental pressures for change faced by Intel under CEO Barrett’s leadership. (fashion, mandates, geopolitical, declining markets, hyper-competition and corporate reputation). The environmental pressures that Barrett and Intel faced included declining markets, the entire industry had been adversely affected by September 11, the declining economy and threat of war. Intel was also faced with hyper- competition as many of their rivals; particularly Advanced Micro Devices were producing a faster, cheaper and better quality chip. Intel’s reputation was also floundering due to product delays, recalls and shortages and worse of all, bugs in their software. Analysts were predicting that by the end of the year, Intel’s share of the PC chip market would be 9 percent worse than...
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...Outline one model of relationship breakdown. Evaluate this and one other approach/theory Stephanie Rollie and Steve Duck developed a model of the breakdown of relationships. Unlike the previous four phase model by Duck, this model focuses on the processes of relationship breakdown rather than the phases people pass through. The six processes of this model are, breakdown, intra-psychic, dyadic, social, grave dressing and resurrection. The breakdown is when one partner becomes increasingly dissatisfied. The intra-psychic processes involve social withdrawal and a focus on a partner’s faults and a sense of being under benefitted. It is suggested by research that when people are depressed they have a tendency to withdraw from social interaction with others (Segrin). The result of this may cause them to re-evaluate the relationship and consider possible alternatives. The dyadic process occurs when partners begin talking about the problems that at least one of them in unhappy with. These dyadic processes may bring up reasons for staying in the relationship (e.g. for the good of the children) but also reasons to leave (e.g. a belief of things cannot change). During the social processes the breakup is ‘aired’ and made public, for example to friends and family. Advice and support is sought from outside the relationship and alliances are created. These processes often include denigration of the partner (‘I never liked him’ ‘You could do better’) and scapegoating (‘It’s all her fault)...
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...Growth Mindset Definition Essay In this paper I will be explaining the concepts of a growth mindset, a growth mindset is when people appreciate a challenge. I will not only be talking about the definition, but I will also tell you what a person with a growth mindset is like, they are optimistic. They would rather solve a problem they run away from it. I will go into depth about how they act when faced with certain challenges and everyday things in life such as relationships or stretching their abilities. When in a relationship, they want to do help build their relationship. When stretching their abilities, they will go above and beyond what they thought they could do. I will talk about how setback can affect them, and how sometimes a growth mindset can become a setback if not approached correctly. The last thing I will talk about it how genetic makeup does not determine one’s abilities. A growth mindset is when people appreciate a challenge, they don’t mind failing. The person would rather fail and learn from their mistake then keep...
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...1. Introduction The Global financial and economic crisis in 2007 and a liquidity crisis of the world's leading banks force us to reconsider the debt relations. Credit boom accompanied by rising debt payments, could not continue persistently. Debt servicing was possible only with high incomes or assets value of the debtor, and as soon as the growth of income or assets stopped, the debtors have faced problems in servicing their debts: in spite of the decline in income and assets value of debt borrowers’ debt during the crisis did not reduce. As a result, the debtors faced decoupling of debts from assets. According to Minsky decoupling between firms’ debt and assets, or the debt crisis caused by the cyclical nature of economic development: at...
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...due to failed merger with BAE systems. The journal also specifically mentions the problems faced by EADS. Airbus contributes to two-thirds of the company’s revenue in the past year, functioning as the EAD’s primary source of success. Unfortunately, the firm’s high dependency on that revenue seemed to increase the impact on itself, due to the current result from the production at Airbus. Other factors that contribute towards the current fail scenario is the production and quality issues at Eurocopter and also the the current corruption investigation which was casting a shadow over the defense industry. EADS has four major companies: Airbus, Astrium, Cassidian and Eurocopter; that has enabled the company to be active in the fields of aeronautics, space defense and security. LIMITATIONS AND OTHER OBSERVATIONS To be brief about the companies , Airbus was formed in 1970 to compete with the large aircraft manufacturers, such as Boeing and Lockheed Martin. Aircraft development and manufacture was a money – consuming business. The involvement of different companies and countries; conflicts led to the inefficiencies and delays in the company’s production process. The involved governments faced unemployment issues and had to reduce spending in the companies. Situation was simplified by the formation of EADS. The merger allowed EADS to own 80% of Airbus. There were a lot of issues faced during the production of the A380 model,...
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...Alexander II faced several major problems during his reign, largely stemming from the negative implications of Russia’s system of serfdom that stifled economic and industrial growth, as well as Russia’s outdated and ineffective military that limited Russia’s presence in Europe and demonstrated her lacking industrial sector. Alexander was shown to be a keen reformer and managed to effectively tackle these problems, with his emancipation of the serfs, followed by his overseeing of successful economic and military reforms. Arguably the greatest problem that faced Russia in 1855 was the outdated and feudal – like system of serfdom which lagged far behind the social infrastructures of other major European nations. This system, in which over 23 million serfs were forced to work for their food and keep under private landowners, Nobles, and the state, was both economically inefficient (as Russia required a free labour force for industry and internal markets to grow) and attracted rising opposition to the Tsarist autocratic rule. For these reasons, Alexander decided to emancipate the serfs in an attempt to quell unrest and bring Russia “up to date”, famously stating: “It is better to abolish serfdom from above than to await the time when it will begin to abolish itself from below”. This shows that Alexander II saw the threat of grievances among the serfs with the ruling administration and wished to protect his own position from threatening opposition. This desire for self-preservation...
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...Week 1 Written Assignment – Starbucks Michael Scipione 1) During the early 1980’s the specialty coffee market was a very small segment of the roasted and instant coffee market – accounting for less than a tenth of total industry sales. The big three industry giants; General Foods, Nestle and Procter & Gamble controlled 60% of the roasted coffee market and 80% of the instant coffee market. Howard Schultz, who never had any experience in the coffee industry, saw this as a great opportunity to use his talents and a hunch – to build a strong company and seize a large market segment in the sales of high-quality coffee. 2) Starbucks prides it company’s strengths on the following principles: strict quality standards, which for example includes rules for precise brewing of espresso (18 to 23 second brewing time and will be thrown away if not served within 10 seconds of brewing); an organizational culture based on the principles “strict standards on how coffee should be prepared and delivered to customers” and “a laid-back, supportive and empowering attitude to its employees”; location strategy based on conquering one area of a city/region at a time, placing their stores in highly visible areas and never having too many stores to close together; using the C.A.F.E. principles, which stand for Coffee and Farmer Equity Practices – which are the following: A) Build mutually beneficial relationships with coffee growers and suppliers. B) Increase economic, social, and environmental...
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