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- Mr. Julian is a newly appointed aanager of ABC group of companics und was tasked to manage a oewty developud team. He was expected to perform the five functions of management and be was able to plan and orgunize sctivitia for his team that centributes to attaining the goals and objectives af the company. He was able to asign aff to the different tasks that are essential and was able to influence his subordinates to do the task assigned to them by distrib- utiug power and authority to his trusted subordinates and letting them share the responsibility As the team compe- tently completed their task and was able to attain its goal to a minimum effort, an observation was madm bry his mu- pervisor as Ms. Jullan's subordinates are starting to slack on their job and was not able to surpaas its custeat accom- plishment on the fallowing months. Their performance began to decrense by a small percentage. Since their perfot- mance is still managcable, the new manager did not mind at all and did not…3. Sixth form students, Kyle and his sister kaela, both want to play professional football after they graduate from high school. Their parents, however, would prefer that they pursue a university education first. a. Identify the TWO conflicting values in the case above. b. Identify the TWO conflicting goals in the case above. c. Explain TWO appropriate conflict management approaches that could be used by the family to resolve the conflict in a manner that will allow both parents and children to feel satisfied.Which of the following explains why in Mendelow’s Classification Stakeholders in Segment C must be treated with care. These stakeholders may participate in decision-making. They do not have great ability to influence strategy, but their views can be important in influencing more powerful stakeholders, perhaps by lobbying. They are capable of moving to Segment D. They should therefore be kept satisfied. Large institutional shareholders might fall into Segment C. Without their participation, the organization will have difficulty continuing as a going concern
- 1.Explain why good ethics is good business in strategic management. 2.Explain why whistle-blowing, bribery, and workplace romance are strategic issues. 3.Discuss why social responsibility and policy are key issues in strategic planning. 4.Discuss the nature of environmental sustainability and why it is a key issue in strategic planning. 5.Explain why animal welfare is a strategic issue for firms.1. A plan of action or policy designed to achieve a major or overall aim is BEST identified as a: A. Vision B. Mission C. Strategy D. Strategic Management 2. According to Abell's Framework, a business can be best defined by examining all of the following EXCEPT: A. Customer needs B. Customer groups C. Technology D. External Factors 3. speaks to anything that a firm does especially well compared to rival firms. A. Competitive advantage B. Absolute advantage C. Comparative advantage D. Internal resources 4. Which of the following is an aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future? A. Mission Statement B. Vision Statement C. Goal D. Objectives 5. Which of the following is a written declaration of an organization's core purpose and focus that normally remains unchanged over time? A. Mission Statement B. Vision Statement C. Goal D. Objectives 6. Which approach to competitive advantage advocates that external factors…For this project, participants must develop a thorough understanding of their most recent or existing organization or the subset such as sales, marketing, manufacturing, etc., in which they have worked. Participants are required to prepare a comprehensive report intended for the top management that will justify the implementation of the reforms to the human capital strategy. The report must contain four parts. 1. In the first part, assess the existing internal and external situation and associate the organizational/divisional success to human capital capabilities. 2. In the second part, develop a detailed set of capabilities, skills, and knowledge that managers, leaders, and employees would need to drive organizational or divisional success. 3. In the third part, formulate strategies for moving toward the future state described above. The strategy must be noticeable, specific, and based on the situation assessment above. 4. Finally, present a timeline and a list of planned…
- Mangement Company X is facing a critical decision regarding a major expansion project. The executive team is divided on the best course of action. Analyze the situation and propose a decision-making strategy that can help the company resolve the conflict and move forward. Discuss the leadership skills required to facilitate effective decision-making in such a situation.50. Which of the following is one of the advantages of ethical decision-making as a long-term business strategy?a. Ethical behavior will increase short-term profits.b. Ethical behavior will provide positive press opportunities.c. Ethical behavior can ensure positive employee relationships.d. Ethical behavior can provide significant competitive advantage.1. Describe the nature and causes of the employee health insurance cost problemin this case.2. What information should the employee health benefits committee gather beforemaking any recommendations? Why?DeCarlo came away from the conference with a greater appreciation of the complexityof the problem of increasing employee health insurance costs and a greaterdetermination to do something about it. However, he wasn’t sure about his next steps.He viewed his company as a “preferred employer” because it had always paid abovethe market wage rates and its benefits were always more liberal than those of otherU.S. companies and particularly those of foreign competitors. DeCarlo did not want todo anything to jeopardize his company’s advantage in attracting and retaining highquality personnel. At the same time, he realized that if no changes were made, hishealth insurance premiums may be greater than his total projected company earningsby the year 2016.Quality Auto Parts’ present health insurance…
- Jackie and Sandra began a long-term-care consulting firm 5 years ago in a retirement region.They now have six employees: two RHIAs and four RHITs. They now have consulting contractswith 35 long-term-care facilities and have developed a reputation for excellence.During a meeting with employees, Jackie and Sandra commended them for the efforteach had contributed to the success of the firm. In planning for the future, Jackie andSandra then asked the employees to share with them ideas on expanding the businessby revising the vision. One option they had discussed and now shared was that ofexpanding their geographic region into another state. This would mean activelymarketing to long-term-care facilities beyond their present region and hiring additionalstaff.Bryan said he had been listening to employee conversations at a nearby hospital andlearned that there was a need for additional home health care personnel and resources inthe region. Hospital utilization management staff expressed…Which ONE of the following is not a valid difference between executive and non- executive directors? Select one: O 1. Executive directors work full-time, whereas non-executive directors work part-time. O 2. Executive directors tend to be paid considerably more than non- executive directors. 3. Executive directors are involved in the management of the company, whereas non-executive directors are not expected to be involved in management. 4. Non-executive directors should be independent, whereas the executives will usually not be.The strategic management process is: a. A decision-making activity concerned with a firm’s internal resources, capabilities, and competencies, independent of the conditions in its external environment. b. The full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness. c. A process directed by top-management with input from other stakeholders that seeks to achieve above-average returns for investors through effective use of the organization’s resources. d. A set of activities that will assure a temporary advantage and average returns forthe firm.