Free Essay

Es Behaviour

In: Business and Management

Submitted By chenghing
Words 666
Pages 3
Nowadays many people want to be an entrepreneur because many people think be an entrepreneur is be their own boss and can earn a lot of money. But it is not easy to be an entrepreneur, because entrepreneur must be creative, work together with the team or employee, positive reaction to failure and always try to take risk and so on. There have some lesson that we can learn to be an entrepreneur in the story of Leicester City crowed champion in Premier League. When we read the articles about Leicester City, we found that there are many lessons that we can learn from the story as an entrepreneur. The first lesson that we found in the story is the important of teamwork with teammate. “Leicester City crowned champions because the team has created and it is not just about one player” Ranieri, the manager of Leicester City. The member of Leicester City keep working together, they training together and discuss the weaknesses of the team to improve themselves. Therefore, as an entrepreneur we must work together with our teammate to achieve the goals that we set. Leader is lead his teammate to achieve the goals together not just ordering them. So teamwork will be the one of the key to success not only for Leicester City but also an entrepreneur. Based on the articles that we going through, there are some lessons we can learn from it to pertain on entrepreneurial behaviour. One of the lessons that we can learn is we should learn to have positive reaction while facing the failure. Leicester city were failed and barely escaped relegation at first but they chose to response to the failure and showed true grit and belief to achieve their magnificent turnaround. The ways of you respond to your failure is a key to becoming successful. If you bravely to turnaround your life after several failures, which means your entire dream can be achieve. Leicester had done this way and it works. As a entrepreneur, we should learn from Leicester that instead of facing failure negatively, we can find out the positives in it and make a reaction that believe in a turn around anything could be possible that turning failure into success. Become a successful entrepreneur, don’t be afraid of failure and run away, at least you have tried your best and react positively when facing failure. From the article, one of an important thing we can learn is never give up. As we can see in the article, one of an example proof that the Leicester City lose one or two goals during the match playing because there are a lot of better and better team in the league. But Leicester City will not give up, they keep fighting until the duration of the match finished and end up they won the game. This is the spirit that we or everyone should learn, when we face something bad we should not give up if the thing hasn’t come to the end. Same in the business world, an entrepreneur should not give up easily because there is a lot of chances would allow the problem become an opportunity. In this article, we can learn the another lesson which is we should trust your superior. This is because, in the Leicester City, their players are all of them are trust in their manager which is Claudio Ranieri. They trusted in Claudio Ranieri can lead them to win the championship in the league. Furthermore, Leicester City football players are following the instruction that the coach given, for example, training, follow the rules, information and so on. Thus, as an entrepreneur, employee should follow the superior instruction to achieve goal and get a well performance. Employee should follow and trust in the superior, example superior set the rule, give training and assign the person in a right position. Thus, a good superior is very important in an organization. Thus, as an entrepreneur should choose the superior carefully.

Similar Documents

Free Essay

Toyota Production System

...Executive summary This system which is comprised of several of the company’s core value concepts which is aim towards the Toyotas customer oriented and quality driven operations and production process has grown in reputation over the years. This presentation intends to analyze this system alongside other aspects of the company’s business operations in regards of its Facilities in North America Toyota production system This presentation is aimed to illustrate a four exercise approach in analyzing the Toyota Manufacturing Corporations and the TPS it adopts. We analyzed Toyota production system based on our understanding of what it represents in terms of its Concepts. We also define TPS as an entity, furthermore we discuss its purpose in Toyota Manufacturing Corporation as well as its production in North America. To better illustrate its value to the company we also describe the advantages and limitations of the system. Weighted Scoring Model Using a the weighted scoring model we would critically assessing the potential Lexus RX 330 North American Plant location decision between TMMC or any of Toyota Manufacturing Corporation U.S factory plants. In doing so we would identifying the factors the company would need to consider. Decision Tree We would be applying the decision tree tool to adequately recommend a production capacity for TMMC to utilize in the production of the new Lexus RX 350 line in order to achieve optimal quality and maximize profit. First we explain the...

Words: 381 - Pages: 2

Free Essay

Communications and Personality in Negotiation

...customer wanting to purchase a vehicle. The representation will provide a female consumer’s perspective in such negotiation proceedings. In addition, included will be an analysis of the roles of communication and personality in this type of negotiation as well as how each detracted from the negotiation process. A few years back, I was in an automobile accident in which a big-rig truck destroyed the side of my car. As a result, I was in the position of needing a new vehicle. I had good credit plus sufficient funds received for the subsequent accident. I researched the type of vehicle I wanted to purchase and concluded on the amount that I was willing to pay. I decided to procure a new or slightly used Lexus ES 300. All that was left to do was to search out the perfect ES 300 that fulfilled my established criteria, which included a reasonable price, low mileage, substantial warranty and standard features with extras like rims and a sunroof. I prepared in advance my negotiation techniques exercising appropriate communication skills to assist in completing the deal. The strategies included straightforwardness coupled with standing firm on my criteria. My first stop was at a dealership that sold both new and used vehicles. When diving by, I noticed that this particular lot housed many Lexus vehicles although it was not an authorized Lexus dealership. As I drove up into the parking area, I could view the vulture-like salespeople waiting to pounce on me as if I were......

Words: 2342 - Pages: 10

Premium Essay

Insight to an Unethical Situation

...Insight to an Unethical Situation Week 6- Final Project Danielle Introduction Toyota’s announcement of a technical fix for its sticky gas pedals, which can lead to sudden acceleration problems, is not likely to bring a quick end to the company’s current recall nightmare. During the course of this paper, I will explain in detail the Toyota recall in 2010 having to do with the gas petal sticking. I will also explain why I believe Toyota handled this situation from the deontological perspective and what other theories apply to the unethical situation. Description Unethical Situation In 2010, Toyota was forced to issue a series of highly-publicized recalls, due to reports of cars accelerating beyond the driver's control.  The issue led to Congressional hearings, damaged the reputation of a company once known for its bulletproof reliability, and left millions of Toyota owners with questions about their own safety. Understandably, the news was worried for Toyota consumers.  It also rocked the automotive industry, as questions about Toyota's reputation for reliability surfaced during this time. It started with a single, horrifying car crash in southern California in August 2009. In the weeks following, two separate recalls covering 7.5 million vehicles, Toyota was forced to announce it was suspending the sale of eight of its best-selling vehicles, a move that cost the company and its dealers a minimum of $54 million a day in lost sales revenue. How did a company that......

Words: 3145 - Pages: 13

Free Essay

Consumer Behaviour

...A STUDY ON CONSUMER BUYING BEHAVIOUR AT TIME TO PURCHASE HERO HONDA BIKE. A Report submitted in partial fulfillment of the requirements for the award of the degree of BACHELO OF BUSINESS ADMINISTRATION TO SOUTH GUJARAT UNIVERSITY, SURAT Submitted By: TARANG P PATIL T.Y.B.B.A. (SEM-VI) ROLL NO.-23 Under the guidance of MR.HORMAZ.D.PATEL Submitted To: THE CO-ORDINATOR THE SURAT PEOPLE’S CO-OP. BANK COLLEGE OF BUSINESS ADMINISTRATION UDHNA (SUART) March 2007 1 THE SURAT PEOPLE’S CO-OP. BANK COLLEGE OF BUSINESS ADMINISTRATION CERTIFICATE OF THE FACULTY GUIDE This is to certify that the project entitled “A STUDY ON CONSUMER BUYING BEHAVIOUR AT TIME TO PURCHASE HERO HONDA BIKE. Submitted in partial fulfillment for the award of the degree of BACHELOR OF BUSINESS ADMINISTRATION TO SOUTH GUJURAT UNIVERSITY, SURAT is a record of bonafide research work carried out by TARANG P PATIL under my supervision and guidance. Signature Project Guide (Prof .H.D.Patel) Signature Co-Ordinator (MRS. DAISY S.T) DECLARATION 2 I , TARANG P PATIL , here by declare that the project report entitled “A STUDY ON CONSUMER BUYING BEHAVIOUR AT TIME TO PURCHASE HERO HONDA BIKE. under the guidance of Prof H. D. PATEL submitted in partial fulfillment of the requirement for the award of the degree of Bachelor of business administration to south Gujarat university , Surat is my original Work - research study - carried out during 1st January, 2008 to 1st March ,2008......

Words: 4101 - Pages: 17

Free Essay

Child Development

...Anthropology & Medicine, 2013 Vol. 20, No. 1, 98–108, http://dx.doi.org/10.1080/13648470.2012.747594 ‘My wife, you are supposed to have a rest now’: an analysis of norms influencing men’s role in prenatal care in south-eastern Tanzania Karin Grossa,b,Ã, Iddy Mayumanac and Brigit Obrista,b,d a Swiss Tropical and Public Health Institute, Basel, Switzerland; bUniversity of Basel, Basel, Switzerland; cIfakara Health Institute, Dar es Salaam, United Republic of Tanzania; d University of Basel, Institute of Anthropology, Basel, Switzerland (Received 27 September 2011; final version received 19 July 2012) Men as sexual partners, fathers and household heads have a direct bearing on women’s reproductive health. However, little is known about the influence of changing norms and values on men’s role in ensuring women’s health during pregnancy and childbirth. This study from rural south-eastern Tanzania explores men’s and women’s discussions on men’s roles and responsibilities in prenatal care and links them to an analysis of norms and values at the household level and beyond. Data from eight focus group discussions with men and women were consensually coded and analysed using a qualitative content analysis. Four dimensions of norms and values, which emerged from analysis, bear upon men’s support towards pregnant women: changing gender identities; changing family and marriage structures; biomedical values disseminated in health education; and government regulations.......

Words: 6270 - Pages: 26

Free Essay

The Impact of Providing Business Trainign to Microfinance Clients

...NORGES HANDELSHØYSKOLE Bergen, spring 2010 THE IMPACT OF PROVIDING BUSINESS TRAINING TO MICROFINANCE CLIENTS: Empirical Evidence from Tanzania Guro Landsend Henriksen Svein Olav Svoldal Supervisor: Erik Øiolf Sørensen Master Thesis in Economics NORGES HANDELSHØYSKOLE This thesis was written as a part of the Master of Science in Economics and Business Administration programme - Major in Economics. Neither the institution, nor the advisor is responsible for the theories and methods used, or the results and conclusions drawn, through the approval of this thesis. ABSTRACT This master thesis studies the impact of providing business training to microfinance clients in Tanzania. Based on data collected six months after the programme ended, we cannot confirm positive treatment effects from business training on the micro entrepreneurs’ profits. However, treated entrepreneurs have higher likelihood of operating multiple businesses; increased their engagement within commerce and reduced their engagement within manufacturing. Based on the market situation at the time, these changes all represent advancement towards business structures associated with higher profitability. Moreover, findings of low profitability in new establishments can serve as an explanation to the small effect from business training on profits, and imply that treatment effects will be manifested in higher future profits of the entrepreneurs. 2 TABLE OF CONTENTS Abstract ...................

Words: 13519 - Pages: 55

Premium Essay

Marketing Man

...February 05, 2013 Strategy from the Outside In: Profiting from Customer Value Write-Up - Part II I. Introduction In Strategy from the Outside In: Profiting from Customer Value, George S. Day and Christine Moorman use research to determine business strategies that separate successful from unsuccessful firms. This write-up shall have a section, titled § II. Brief Summary, which outlines each chapter in Chapters 7 through 13, including the conclusion. This write-up shall also have a section, titled III. Application, which shall apply the material from § II. Brief Summary to a firm (hereinafter "Firm A") with which I worked as a business consultant. Firm A is a multi-national holding company that specializes in acquiring, supporting, and growing its subsidiary companies through accelerated organic growth as well as through acquisitions and/or strategic joint ventures and divestitures. II. Brief Summary Chapter 7. The Third Imperative: Capitalize on the Customer as an Asset For a firm, the profitability of the customer asset - the sum of the discounted long-term profits associated with the customer's purchases and referrals - is based on three principles. First, that a firm must distinguish between behavioral loyalty – the frequency of customer purchases from a firm when a need arises – and attitudinal loyalty – an attachment to the firm and/or its specific products or services. Second, that a firm must manage customers to engage in behaviors that......

Words: 2009 - Pages: 9

Free Essay

Emotions and Logic in Consumerism

...Emotions and Logic in Consumerism Abstract Consumer purchase decisions are often linked to emotions and can lead to impulse and uninformed buying behavior. This creates a problem for marketers who rely on emotional appeals to increase sales. In order for businesses to grow in today’s economy, they must acquire new customers and at the same time retain the old ones. Research indicates that in order for advertising to be most effective in acquiring and retaining new customers, these emotions must also be linked to logic. This paper examines how marketers are using emotions and logic to generate the most sales and retain more customers. Emotions and Logic in Consumerism Advertising can be seen in virtually every aspect of our lives, and is almost inescapable. We encounter it on billboards, radio, every internet site, magazines, cell phone applications, clothing, television, restrooms, gas pumps, and many more sites. This year in the United States, Black Friday sales hit over $1 billion in online sales. The average cost for a 30 second time slot for a Super Bowl commercial was $3.5 million, according to USA Today. Psychologists, marketers and business people worldwide are interested in why consumers consume. What is the driving force behind why someone will spend so much more money on Black Friday as opposed to other days out of the year? And how can a business better exploit these consumers in order to make more money? With so much money involved in our......

Words: 3069 - Pages: 13

Premium Essay

Consumer Behavior Models and Consumer Behavior in Tourism

...Consumer Behavior Models in Tourism Analysis Study Muhannad M.A Abdallat, Ph.D. Assistant Professor Hesham El –Sayed El - Emam, Ph.D. Assistant Professor Department of Tourism and Hospitality, Faculty of Tourism and Archeology King Saud University ABSTRACT The theories of consumer decision-making process assume that the consumer’s purchase decision process consists of steps through which the buyer passes in purchasing a product or service. However, this might not be the case. Not every consumer passed through all these stages when making a decision to purchase and in fact, some of the stages can be skipped depending on the type of purchases. The reasons for the study of consumer’s helps firms and organizations improve their marketing strategies by understanding issues such as: • The psychology of how consumers think, feel, reason, and select between different alternatives (e.g., brands, products); • The psychology of how the consumer is influenced by his or her environment (e.g., culture, family, signs, media); • The behavior of consumers while shopping or making other marketing decisions; • Limitations in consumer knowledge or information processing abilities influence decisions and marketing outcome; • How consumers’ motivation and decision strategies differ between products, that differ in their level of importance or interest that they entail for the consumer; and • How marketers can adapt and improve their marketing campaigns and marketing......

Words: 8162 - Pages: 33

Premium Essay

Marketing

...international environmental groups such as World Wildlife Fund (WWF) and local organisations such as the Auckland Zoo (over the potential loss of Orang-utan forest habitat to palm oil plantations). The negative publicity from the palm oil debate created damaging ‘noise’ for Cadbury’s ongoing worldwide ethical brand building efforts and its high profile announcements that it would shortly be using the Fairtrade logo for the flagship Dairy Milk brand in key global markets, including Australia and New Zealand (Fairtrade Foundation 2009). Less than three months later Cadbury caved into the conservationists’ demands and reversed their palm oil policy (e.g. New Zealand Herald 17th August 2009). This case study illustrates the relevance of buyer behaviour theories...

Words: 2223 - Pages: 9

Premium Essay

Organisation and Behaviour

...OrContents Part III/ The usefulness of motivational theory for managers. 2 1. Distinction between Maslow’s Theory and Hertzberg’s Theory of motivation 2 2. Application for Manager 3 3. Apply to LG Electronics 4 Part IV. Understand mechanisms for developing effective teamwork in organizations 4 4.1. Explain the nature of groups and group behaviour within organisations. 4 A. Definition 4 1. Group and group behavior 4 2. Group norms 7 3. Group decision-making 8 4. Group contribution 10 5. Formal and Informal group 11 6. Advantages and disadvantages of informal organisation 12 B. Apply in LG Electronics: 13 4.2: The factors that may promote or inhibit the development of effective teamwork in organizations 13 A: Definition 13 4.1.1: Inhibit the Group 14 4.1.2: Successful teamwork 16 B: Application for LGE 20 4.3 Evaluate the impact of technology on team functioning within a given organization 22 A: Definition 22 4.3.1 The importance of technology in business 23 4.3.2 The important of technology in team 23 4.3.3. Virtual teams of technology 24 4.3.4 Critical Success Factors of Virtual Teams 26 B: Application 27 CONCLUSION 30 Part III/ The usefulness of motivational theory for managers. 1. Distinction between Maslow’s Theory and Hertzberg’s Theory of motivation | Maslow’s Theory of Motivation | Hertzberg’s Theory of Motivation | Meaning | Maslow’s theory is based on the concept of human needs and their satisfaction. | Hertzberg’s theory is......

Words: 8032 - Pages: 33

Premium Essay

D Department of Choice Chocolate

...Good and poor examples of executive summaries This is a GOOD example from an Accounting & Finance assignment. Footnote Executive Summary This report provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of Outdoor Equipment Ltd. Methods of analysis include trend, horizontal and vertical analyses as well as ratios such as Debt, Current and Quick ratios. Other calculations include rates of return on Shareholders Equity and Total Assets and earnings per share to name a few. All calculations can be found in the appendices. Results of data analysed show that all ratios are below industry averages. In particular, comparative performance is poor in the areas of profit margins, liquidity, credit control, and inventory management. The report finds the prospects of the company in its current position are not positive. The major areas of weakness require further investigation and remedial action by management.Recommendations discussed include:  improving the average collection period for accounts receivable·   improving/increasing inventory turnover·   reducing prepayments and perhaps increasing inventory levels The report also investigates the fact that the analysis conducted has limitations. Some of the limitations include: forecasting figures are not provided nature and type of company is not known nor the current economic conditions data limitations as not enough information is provided or enough......

Words: 824 - Pages: 4

Premium Essay

Fortune 500's Best Company's to Work for

...Fortune Magazine’s 100 Best Companies To Work For MGT 415: Group Behavior in Organizations Professor Catherine Piepenbrink June 2, 2014 In reviewing the most recent results of FORTUNE Magazine's annual ranking of America's “100 Best Companies to Work For”, we look at three of the companies noted. In reviewing the descriptions of the work environments, we will identify elements that appear to foster employee motivation and group cohesion among employees. Also, we will relate this analysis to the material presented in our text. Company 1: Boston Consulting Group (#3) Boston Consulting Group’s career page seems focused on team member individuality, diverse backgrounds that benefit the group or team as a whole. Teams are created for each client, each team member’s education and experiences becoming a piece to the puzzle of finding a way to fulfill the clients needs. Boston Consulting Group boasts they value ideas of individuals and their teamwork over seniority and hierarchy. This gives the consultants at Boston Consulting Group a sense of equality and cohesiveness, opening the door for more input and ideas being shared. They appear to be women and minority focused, having initiatives listed for many different groups (Asian, Black, Hispanic, Lesbian/Gay/Bisexual/Transsexual and Women). By having a large diversity, they are able to meet client’s needs from all areas of business, all over the world. This gives a......

Words: 1299 - Pages: 6

Premium Essay

Customer Is Not Always Right

...An Analysis on How to Handle Dysfunctional Customers And how they affect on Food Servers in selected Restaurants at Eastwood City ------------------------------------------------- A Method of Research and Thesis Paper Presented to the Faculty of the Hotel and Restaurant Management Arellano University - Pasig ------------------------------------------------- In Partial Fulfilment of the Requirement for the Degree in Bachelor of Science in Hotel and Restaurant Management Presented By: Calinao, Loreinn G. Tierra, Alyssa Marie G. Encio, Mary Bless Estrada, Erik E. Romero, Jerry Arellano University – Pasig Pag-Asa St. Brgy. Caniogan Pasig City Approval Sheet In partial fulfillment of the requirements for the degree of Bachelor of Science in Hotel and Restaurant Management this Method of Research entitled “AN ANALYSIS ON HOW TO HANDLE DYSFUNCTIONAL CUSTOMERS AND HOW THEY AFFECT FOOD SERVERS IN SELECTED RESTAURANTS IN EASTWOOD CITY” was prepared and submitted to the College of Hotel and Restaurant Management. PROF. LOUIE REYES Adviser Approved by the members of panel on October 2014. With a grade of ____ ________________________________________ Chairman _______________ _______________ _______________ Member Member Member Accepted in partial fulfillment of Bachelor of Science in Hospitality and Restaurant Management PROF. KATHERINE GUEVARRA ...

Words: 13057 - Pages: 53

Premium Essay

Ethical Consumerism

...2014 8/1/2014 Impact of Ethical Consumerism on Businesses; Sainsbury’s as case study Contents Executive Summary 2 Introduction 2 Ethical Consumerism Types or Categories 2 Sainsbury’s as a case Study 4 Opinion Survey on Consumerism 4 Conclusion and Recommendations 5 Bibliography 6 Executive Summary In a ethnicity of plenty, where organisation are selling very similar products at almost the same price, and of the same quality to even the similar consumers, These consumers are free of charge to make use of other, ethical criteria in making their choice between opposite options. There are definitely different levels of ethical consumption - with some people being highly morals determined, while some are just getting on a generally satisfactory bandwagon. The reality still that there is a rising crowd of ethical consumers which need to be taking seriously. Because now it is very easy to be an ethical consumer The Internet, press, and magazines are all spreading company’s information about where and how their products and services are being generated. Blogs and customer help desk are also help customers who by one way or the other had terrible experience or who have important inside information to obtain immediate international exposure. Exposing unethical conduct and practices is a definite title for journalists, so business organisation is under more enquiry than before. Businesses like Sainsbury’s are carefully but continuously examining how well they......

Words: 2274 - Pages: 10