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Management Organizational Behaviour

In: Business and Management

Submitted By kushpu
Words 579
Pages 3
KhongorgerelGankhuu
MG371HOA: Mgt& Organizational Behavior
Instructor: Frank Conforti
August 26, 2014
Homework Assignment #1
Bloomberg Business Week case in the news; page 32-35 1. How does CEO Jelinek’s management approach resemble that of former CEO Sinegal? * -Since they have high level management skills, they especially focus on their wage and health benefits to keep and make their work environment happy in satisfaction condition. Sinegal boosted those benefits when Wall Street repeatedly asked it to reduce and Jelinek has valuable opinion that people need to make a living wage with health benefits.

2. How would you describe Costco’s approach to planning and strategy? * -I would describe Costco’s approach is that they are increasing international presences which are located in EU and Asia. It is good planning move to make global deals. Costco has diverse strategy to increase gross profit and pay the wages, such as they sell and buy more products than anyone and it allows to bulk discount from its suppliers.

3. What is Costco’s approach to managing its workforce? How has this approach influenced the culture and values of the company? * -They pay more than other retailers and 88% of employers have company-sponsored health insurance. However they do not hire business school graduates and 70% of their managers started at the company by pushing carts and ringing cash registers.

The Wall Street Journal case in the news; page 75-77 1. How would you describe Alan Horn’s personality in terms of the Big Five personality traits? * –I would describe his personality more likely relates to high openness to experience, which is a tendency to be original, have broad interests, be open to a wide range of stimuli, be daring and take risks, and also he has a high extraversion, which is a tendency to experience positive emotions and moods and feel...

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