...TABLE OF CONTENTS Page INTRODUCTION 3 BODY 3 Diversity Management 4 Ethical, Social, and Legal Responsibilities 5 International Business 5 General Planning & Strategic Planning 6 Organizing Work and Synergism 6 Organization Structure and Chart 7 Work Team Utilization 8 Staffing 8 Employee Training and Development 9 Motivating Employees 9 Leadership and Management 10 Managing Conflict and Stress 11 Managing Change 11 Controlling 12 Appraising and Rewarding 13 Operations Management and Plans 13 Operations Control 14 CONCLUSION 15 REFERENCES 16 INTRODUCTION September 27th marked the twelfth birthday of search engine empire Google. This “easy to use, searchable directory” (Goldman, 2008) initially operated out of a couple of dorm rooms and a garage serving Stanford University’s needs. Now, the monster processes over 150 million searches a day—a number that grows with every day that passes, has about 10,000 employees and is headquartered out of their “Googleplex” in Mountain View, California. Co-founders Larry Page and Sergey Brin baptized their baby with the name Google which derives from “googol—a mathematical term for a 1 followed by 100 zeros” (Corporate Overview...
Words: 3812 - Pages: 16
...Question 1 For 4 Dow Jones stocks for a 15 year period, compute quarterly realized betas from daily data. Find firm specific and macroeconomic variables that help explain quarterly beta. Answer 1.1 Factors Introduction Factor model survey the sensitivity of a stock return as a function of one or more factors. There are single-factor and multi-factor models. In factors model, based on the type of factors used, it can be classified to economic and fundamental factor models. Economic factor models use macroeconomic and financial markets variables as factors, while fundamental factor models use firm-specific microeconomic variables, such as financial indicators. In recent research shows that the change in macroeconomic factors could be reflected in the change of systematic risk which impacts a stock’s expected return (Humpe & Macmillan 2007). Macroeconomic factors included industry production index, CPI, GDP, unemployment rate, inflation rate, risk premium, default premium, business cycle index and so on. From Chen (1986) notable study which uses variables include industrial production, inflation, risk premium, term structure, market index, consumption and oil prices to found out that industrial production, unanticipated change in the risk premium, unanticipated inflation, and, a slightly weaker, the unanticipated change in term structure, are the most important factors affecting expected stock returns. The 15 macroeconomic variables used as factors in our model are...
Words: 7464 - Pages: 30
...PRINCIPLES OF MANAGEMENT APPLIED RESEARCH AIR FORCE LIFE CYCLE MANAGEMENT CENTER (AFLCMC) Park University Internet Campus A course paper presented to the School for Arts, Sciences, and Distance Learning in partial fulfillment of the requirements for the degree of Baccalaureate Principles of Management Park University July 2015 This paper or presentation is my own work. Any assistance I received in its preparation is acknowledged within the paper or presentation, in accordance with Park University academic honesty policies. If I used data, ideas, words, diagrams, pictures, or other information from any source, I have cited the sources fully and completely in a citation within the paper and listed on the reference page. This includes sources which I have quoted or that I have paraphrased. Furthermore, I certify that this paper or presentation was prepared by me specifically for this class and has not been submitted, in whole or in part, to any other class in this University or elsewhere, or used for any purpose other than satisfying the requirements of this class, except that I am allowed to submit the paper or presentation to a professional publication, peer reviewed journal, or professional conference. This is not a draft, and is submitted for grading to satisfy in part the requirements for this course and the program(s) in which I am enrolled. In typing my name following the word 'Signature', I intend that this certification will have the same authority and...
Words: 3768 - Pages: 16
...CONFIDENTIAL SME CORPORATION MALAYSIA THIRD QUARTER 2014 SURVEY ON SMALL AND MEDIUM ENTERPRISES (SMEs) SME Corp. Malaysia as the Secretariat to the National SME Development Council (NSDC) is conducting a survey to assess the performance of SMEs in the 3rd Quarter of 2014 and to identify issues faced by SMEs in the increasingly challenging business environment. It would be appreciated if you could complete and return the questionnaire by 10 November 2014. Please be assured that your response will be kept CONFIDENTIAL and will not be divulged to any person or institution outside the Corporation. SECTION A: FIRM / COMPANY PROFILE Name of Firm / Company : ________________________________________________________ CODE NO MPM What is the Legal Status of Your Firm? (Select only one) Sole Proprietorship Partnership (Registration No: _____________) (Registration No: _____________) Private Limited Company (Registration No: _____________) Not Registered with Companies Commission of Malaysia (CCM) Limited Liability Partnership (Registration No: _____________) Describe Nature of Main Business Main Business Category and Activity : _____________________________________________________________ : (Refer APPENDIX 1) _____________________________________________ Yes No Please indicate if your main business is related to innovative and new growth areas: Location of Main Business (City / State) : _____________________________________________________________ Bumiputera Yes Chinese...
Words: 4362 - Pages: 18
...Module outline Management Accounting & Applied Finance (MAAF) 12 September 2013 Chartered Accountants Program Overview Management accounting is about making better business decisions; the practical understanding of key drivers for adding value to a business; and how these are tied to the decision-making process. It’s about helping people run their businesses more efficiently and effectively in order to achieve the desired outcomes such as increasing returns or delivering improved services. MAAF includes two major integrated case studies and other practical examples and activities that will give you the skills and knowledge to identify, analyse, interpret and communicate information to help an organisation manage its resources and achieve strategic goals. The MAAF module is one of the five compulsory modules in the Chartered Accountants Program. It requires a good understanding of management accounting and applied finance from your previous tertiary studies. Units The MAAF module comprises the following units: Unit 1 2 3 4 Name of unit Introduction to management accounting (including ethics) Analysing business operations Activity-based costing and management Pricing decisions and models Online assessment 5 6 7 8 Management of revenues and costs Performance reporting Working capital management Business planning (including budgeting and forecasting) Online assessment 9 10 11 12 Performance analysis Performance measurement and management Investment decisions Short-term...
Words: 1144 - Pages: 5
...problems faced by BA at Terminal 5 could have been avoided if the management had applied their knowledge of Scientific Management’ Scientific management is a theory that was developed in the beginning of the 20th century as engineers looked for ways of developing a systematic approach to management. The most basic principles of the theory state that ‘there should be a scientific design to every task this known as being ‘the one best way’ approach, a scientific selection and training of workers and co-operation between management and workers to ensure that the work is done according to the science’ (Lewis n.d.). This essay will discuss scientific management and how it could have helped BA avoid the catastrophe of Terminal 5, a £4.6 billion ‘megaproject’ (Flyvberg & Priemas, 2008). Once the role scientific management could have played has been identified the piece will then move on to focus on the Human Relations theory and finally the Contingency approach. British Airways management broke the principles at the very core of the scientific management theory throughout the planning and indeed on the day the project was due for launch. Some staff told news reporters that the problems had been known of for some time but the management chose to ignore them and proceed with the opening of the terminal without giving real attention to the issues. Scientific management is a widely studied and renowned principle in management and any top manager especially one working on a complex project...
Words: 2147 - Pages: 9
...place but reinforce through ethical training programs and recommending ways to create a business culture of acceptable practices in the workplace by creating ethical business policies and guidelines. Both articles agreed on training programs to build a strong ethical workplace environment. In contrast Sharpe found that ethical practices improved business among employees relationship through honesty and respect which starts with management than staff. Sharpe focus was more social responsibility in business ethics, conducting workshops through the company style. Roe focus was more ethical practicing made mandatory through training to ensure that employees behave. I agreed with both articles but I lean more on the side of Sharpe because workplace ethics is a style. A style created through management which defines how and what employees do whether acceptable or not. I’ve identify with the honesty part of work ethic and how it applies to my personal, social and business life. I think integrity is a major part of anyone work ethic and it can be applied in all areas of one life even in school while taking online classes. Maintaining a strong ethical attitude in every area of my life is sometimes tough but its obtainable. Roe, Angela. “Guide to Business Ethics...
Words: 329 - Pages: 2
...Business research, is a systematic inquiry that provides information to guide managerial decisions. More specifically, it is a process of planning, acquiring, analyzing, and disseminating relevant data, information, and insights to decision makers in ways that mobilize the organization to take appropriate actions that, in turn, maximize performance return on investment (ROI). At its most simplistic, when we measure ROI, we calculate the financial return for all expenditures. Increasingly, organizational managers want to know what strategies and tactics capture the highest return. management dilemma, the problem or opportunity that requires a management decision. Several factors should stimulate your interest in studying research methods: 1 1. Information overload. Although the Internet and its search engines present extensive amounts of information, the information’s quality and credibility must be continuously evaluated. The ubiquitous access to information has brought about the development of knowledge communities and the need for organizations to leverage this knowledge universe for innovation—or risk merely drowning in data. 2. Technological connectivity. Individuals, public-sector organizations, and businesses are adapting to changes in work patterns (real-time and global), changes in the formation of relationships and communities, and the realization that geography is no longer a primary constraint. With the increased acceptance and use of mobile technology, information...
Words: 1445 - Pages: 6
...organizational psychology is a subfield of psychology, it is also a subfield of the broader field of industrial-organizational psychology, or I/O psychology. According to “Industrial and Organizational Psychology” (2014), “Industrial/Organizational (I/O) psychology is both the study of behavior in organizational work settings and the application of the methods, facts, and principles of psychology to individuals and groups in organizational and work settings” (para. 1). I/O psychology combines two major divisions: industrial psychology and organizational psychology (Huelsman, 2008). Industrial psychology could be considered psychology for human resources. Topic areas of industrial psychology include recruiting and selection, performance management, and learning and development. Organizational psychology includes topics such as personality, organizational behavior, and communication (Huelsman, 2008). Because all disciplines of psychology are rooted in science, organizational psychologists are expected apply scientific research to...
Words: 911 - Pages: 4
...Industrial/organizational psychology is an area of study that has been studied since the early times of psychology (Spector, 2008). In the beginning industrial/organizational psychology put all of its emphasis only all the industrial side of the field. With only concentrate and on the industrial side of the field did not work well with the management side of the business; so a lot of emphasis was placed on human resources. If you look at the other side of the field, the organizational side puts on improving workplaces and work conditions. As psychology began to combine the two fields; they field began dealing with the full spectrum of industry and organization. Industrial/organizational psychology is explained as an applied field that concentrates on the development and application of scientific principles to the work environment (Spector, 2008). A more practical view of industrial/organizational psychology is that it is used to improve the quality of the work environment for the employees and to increase the effectiveness and efficiency of employee behavior in that environment (Barnes –Holmes et. al., 2006). Industrial/organizational psychology dates back to the late 1800’s and early 1900’s. It was at this time that the early psychologists were attempting to combine psychology with the organization of business’s (Spector, 2008). Two scientists that were both professors at universities Huge Munsterburg and Walker Dill Scott were accredited with the founding studies of industrial/organizational...
Words: 711 - Pages: 3
...concern. Why is there a failure in bringing research knowledge successfully into organisations? (Abbott, Walton, Tapia, & Greenwood, 1999) Along with the science-practice gaps identified by Rynes et al. (2002), a number of major changes occurring in the workplace over the last 10 years (e.g., increases in demographic diversity, changes in the nature of work, increases in outsourcing and downsizing, and skill shortages) suggest the need for HR practitioners to learn about new research findings that can assist in improving the management of HR. (Burke, Drasgow, & Edwards, 2004) There are numerous terms that can be used synonymously when talking about work psychology: industrial, applied, organisational, occupational and work psychology are all used interchangeably as well as related terms as industrial and organisational psychology and ergonomics. Due to historical reasons as well as ethnocentrism so many terms exists. In this essay the term applied psychology will be used. It is contrasted with pure psychology and it encompasses all psychology looking at the...
Words: 1235 - Pages: 5
...Business Ethics Across Cultures Globalization has not only moved nations nearer together, but has also generated a single moral perception for nations conducting business together. Management teams are discovering that there are great moral challenges waiting to be found out by the enhanced progress to a global scale. If ethics are an issue inside a country, one can visualize the difficulties that arise when the quantity of people involved grows up to an international scale, cultures are different, and the language is alien. In this report we are going to consider two articles which deal with the moral perceptions of China and India, how these articles add to understanding international ethics, and how China’s and India’s business ethics contrast to that of the United States. Santa Clara University printed an article penned by Stephen Rothlin called Business Ethics in the Chinese Context” that thrashed out some of the growth China achieved in 2006 and 2007 in business ethics. Stephen Rothlin works as the general secretary of the Center for International Business Ethics in Beijing. In January 2008, Rothlin modernized the Markkula Center for Applied Ethics Business and Organizational Ethics Partnership with the growth he had seen since his last trip in 2006. Rothlin thrashed out six types including; conditions for moral companies, community role, ecological sustainability, anti-corruption action, and customer privileges. In each of the six types he discussed both developments...
Words: 1637 - Pages: 7
...Industrial/Organizational Psychology Paper (PSY435) Industrial/Organizational Psychology Paper The field of industrial and organizational (I/O) psychology has been studied since the infancy of psychology itself (Spector, 2008). In the beginning, I/O psychology was wholly concerned with the industrial side of the field—which concentrated on the management aspects of business and emphasized human resources—as opposed to the organization side, which is concerned with improving work conditions in the workplace. Yet, as the field has grown over the years it has come to include the full spectrum of industry and organization. Strictly speaking, I/O psychology is defined as, “…an applied field that is concerned with the development and application of scientific principles to the workplace” (Spector, 2008, p. 5). On a practical level, the aim of I/O psychology is to, “…improve the quality of the environment for employees as well as to increase the effectiveness and efficiency of employee behavior in that environment” (Barnes-Holmes et. al., 2006, p. 56). The concise definition and practical application of I/O psychology are only the capstone to an understanding of the length and breadth of the field. A full examination of the evolution of I/O psychology as well as an explanation of the role that research and statistics play in I/O psychology are needed to form the foundation on which the capstone is placed. Evolution of I/O Psychology I/O psychology has its roots in the late 1800s...
Words: 1389 - Pages: 6
...the term "applied mathematics" is used in a broader sense. It includes the classical areas noted above as well as other areas that have become increasingly important in applications. Even fields such as number theory that are part of pure mathematics are now important in applications (such as cryptography), though they are not generally considered to be part of the field of applied mathematics per se. Sometimes, the term "applicable mathematics" is used to distinguish between the traditional applied mathematics that developed alongside physics and the many areas of mathematics that are applicable to real-world problems today. There is no consensus as to what the various branches of applied mathematics are. Such categorizations are made difficult by the way mathematics and science change over time, and also by the way universities organize departments, courses, and degrees. Many mathematicians distinguish between "applied mathematics," which is concerned with mathematical methods, and the "applications of mathematics" within science and engineering. A biologist using a population model and applying known mathematics would not be doingapplied mathematics, but rather using it; however, mathematical biologists have posed problems that have stimulated the growth of pure mathematics. Mathematicians such as Poincaré and Arnold deny the existence of "applied mathematics" and claim that there are only "applications of mathematics." Similarly, non-mathematicians blend applied mathematics...
Words: 1004 - Pages: 5
...Industrial and Organizational Psychology Melissa Wojcik PSY 435 May 28, 2012 James Cunningham Industrial and Organizational Psychology The area of industrial and organizational psychology has been studied since the infancy of psychology itself (Spector, 2008). Originally, industrial and organizational psychology was concerned with the industrial side of the field that concentrated on the management aspects of business and emphasized human resources as opposed to the organization side, which is concerned with improving work conditions in the workplace. As the field has grown over the years it has come to include the complete range of industry and organization. Strictly speaking, industrial and organizational psychology is defined by “an applied field that is concerned with the development and application of scientific principles to the workplace” (Spector, 2008, p. 5). On the practical level, the aim of industrial and organizational psychology is to, “improve the quality of the environment for employees as well as to increase the effectiveness and efficiency of employee behavior in that environment” (Barnes-Holmes, 2006, p. 56). The concise definition and practical application of industrial and organizational psychology are only the capstone to an understanding of the length and breadth of the field. A full examination of the evolution of industrial and organizational psychology as well as an explanation of how research and statistics work throughout I/O psychology are...
Words: 1115 - Pages: 5
