...Unit 1 Week 1: For this post, the services offered at Massage Envy are massages and facials. The massages and facials are given by licensed professionals. Anyone can purchase these services. These services are provided in order to help customers alleviate pain, relax, and achieve clearer skin. The determining factor to provide these services is that there was a need for this type of services because of the higher stress levels in life from work, etc and this causes pain, stress, and sometimes uneven skin tones. The impact of this service is that people can use these services to help alleviate pain, relax, have clearer skin, and not spend as much money by going to the doctor for the same problem. The trade-offs of the goods and services are that the consumer can come in with aches and pains and leave after an hour to two hour massages with relief. A facial can restore firmness, reduce redness, minimize wrinkles, and exfoliates the skin. The trade-off for having a licensed professional to give these services is that other places may not have licensed professionals who know what they are supposed to do. The trade-off of the people who purchase these services from this place is that they can receive these services for slightly cheaper prices as compared to other massage places (Massage Envy, 2013). References Massage Envy Spa. Retrieved 10 June 2013 from Massage Envy Spa: http://www.massageenvy.com/. Unit 2 Week 3: A company may change a price to reflect the level of...
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...Organizational Motivation A lack of motivation in the work-place can cause serious problems for an organization. Many problems such as poor performance and undesirable behavior from employees can be linked to a lack of motivation. One problem common in many organizations is absenteeism which is often a result of a lack of motivation. There are numerous theories that can be used to explain the cause of such motivational problems. People are all motivated by different things, which can make it almost impossible for one-size fits all motivational programs to succeed. However, an understanding of motivational theories can assist organizations in developing and implementing a motivational plan to elicit change in the undesirable behaviors. My organization is plagued with excessive absenteeism which can be contributed to a lack of motivation. The organization offers a generous amount of vacation or personal time each year to all employees, as well as ample sick days that can be taken as needed. A problem has arisen within the organization because numerous employees take advantage of these benefits. The organization is structured with a team environment where each employee is designated a particular work load each day. When an employee is absent for the day the other members of their team divide the employee’s work load and add it to their own. This type of structure can be rewarding and build a strong sense of teamwork and group effort. Problems occur when employees schedule...
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...Economics for the Global Manager BUS610 AIU Abstract This paper’s objective is to discuss the differences between microeconomics and macroeconomics and examples of each. It will discuss a personal microeconomic example with the factors that contributed to the decision. It will also discuss an example of a macroeconomic phenomenon and the results of the decision. Economics for the Global Manager Microeconomics is an analysis of how individuals and firms will make themselves as successful as possible in a world of shortages and the penalty of those individual decisions for markets and the entire economy. It will study how individuals and firms make decisions and how the individual decisions will affect markets (Perloff, 2012). Macroeconomic is an analysis of the performance of the whole economic system. It can forecast the national income by studying the major economic factors that have predictable patterns or trends and the influence they have on one another. The factors used are prices, balance of payment positions, gross national product, and employment / unemployment (Macroeconomics, 2013). The difference between microeconomics and macroeconomics is clear. Microeconomics is the study of the individuals / firms markets. It looks at the allocations of resources and the prices of goods. Macroeconomics is a study of the whole economic system. It looks at gross national product and how it affects unemployment. A microeconomic phenomenon example is taking a looks...
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...Economics for the Global Manager BUS610 AIU Economics for the Global Manager 1) $1 US = .80 Euros Won: 1,000,000 Euros $ 800,000.00 Won in US $ If the lotto winnings were exchanged from Euros to US dollars right away, the winner would receive $800,000.00 US. 2) Irish Bank 4% 1 yr CD US Bank 2% 1 yr CD $ 1,040,000.00 After 1 yr in Irish Bank CD $ 832,000.00 Exchanged to US dollars at .80 Euro = $1 US $ 816,000.00 After 1 yr in US Bank CD If the lotto winnings were left in an Irish Bank CD for 1 year with a 4% rate, the winner would receive 1,040,000.00 Euros, and after being exchanges into US dollars at .80 Euro equaling $1 US the winner would receive $832,000.00 US. If the lotto winnings were taken to a US Bank CD for a 1 year with a 2% rate, the winner would receive $816,000.00 US. The winner would do better off in the Ireland Bank CD. 3) $1 US = .85 Euros in Irish Bank 4% 1 yr CD $ 1,040,000.00 After 1 yr in Irish Bank CD $ 850,000.00 US If the exchange rate changed to $1 US = .85 Euros and the lotto winning were left in the Irish Bank CD for 1 year with a 4% rate, the winner would receive $1,040,000.00 in the Irish Bank CD and exchanged to $850,000.00 US. The winner would do better off in the Ireland Bank CD. 4) Banks use “covered interest arbitrage” to protect themselves when they make international financial investments by borrowing currency then converting it to a second currency to invest...
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...Employee Motivation in the Oil and Gas Industry BUS610: Organizational Behavior Instructor: Neil Mathur November 18, 2013 This paper discusses several ways to motivate worker in the oil and gas industry. There are a lot of workers that are not motivated. Coming up with different hands on ideas and motivation strategies that will help workers come up with ideas that they would like to see be implemented will help the motivation strategies. In the oil and gas industry many workers are not motivated, not only in the field workers are in the corporate environment. The oil and gas industry is a very busy industry. We not only have to take everything serious, we have to be on top of everything daily. Motivation is not incorporated in this field. The oil and gas field need to have more workers that could come up with different idea that would involve the workers and make them eager to get more involved in the company. The reason we need this is because the morale in the company is down. Workers do communicate with each other, but they do not participate in other activity that goes on in the company. I believe it take the director and managers to boost up the morale in the company in order for the company motivation strategy to work. The upper management needs to show the worker how much they are appreciated and show them how much they are needed to run the company. The Maslow’s Hierarchy is one of the theories that describe the oil and gas industry. The Maslow’s...
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...Understanding and Coping with Change Barbara Thorne BUS610: Organizational Behavior Instructor: Sherrie Lewis February 4, 2013 UNDERSTANDING AND COPING In the business world today organizations are changing faster and faster. For many years businesses have experienced change at an increasing rate. Within businesses many times it is even harder because of the human groups within the organization. On one hand we know when it comes to change; it will open doors to new opportunities but one the other hand most people are hesitant to embrace change because they like it the way it is. Organizations have to change overtime to grow with the demands of its customers. We all know organizations are changing internal and external between employers and employees. Many times changes come from the response to the evolving needs of customers. They also can come from internal within the organization like development with job security and training employees to improve their overall performances. With all the improvements over the years in telecommunications and digital technology, organizations need to grow with it or they will be left be hide. According to John Kotter’s management theory, employees who are prone to resistance share common motives which can include self-interest, lack of understanding to the nature of the change, lack of trust in management, and low tolerance for change (Baack, 2012). With in...
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...Motivational Problems at Work Alan Hodge BUS610: (MFB1229B) Organizational Behavior Instructor: Donnie Smith 30 July 2012 Motivational Problems at Work What is motivation? Motivation is the need, act instance or force that provides for a reason to do something or to act a certain way, basically it is the reason or desire to do things (PyschToday, 2012).Therefore, all behavior is some type of motivation, even the act of doing nothing is a motivation, and this motivation can be positive or negative. Also these motivations can be broken down into two groups, internal and external motivation. Usually both types are involved with both positive and negative type actions, but this short paper will look at the some external motivational problems and how they affect work and work performance. Needs When looking at motivational factors one of the first things that must be understood is how the needs of one can drive or act against their work motivation. These needs can be broken into three categories and they are: * Required or primary needs – these needs are required for all human beings. Although their intensity may differ slightly, they are still there in the form of food, sleep, air to breathe etc. * Secondary or important needs – these are the needs of security and love, the feeling of safety and want. * General or desired needs – these are the needs of fun, laughter, fulfillment, the need of enjoyment and wants. These needs are just basic categorizing and...
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...Running Head: Leadership Style Leadership Style Angela Alexander Organizational Behavior/BUS610 Professor Dwight Reimer May 23, 2011 Abstract: This paper will discuss and analyze leadership styles and strategies. Exploring what leadership is and what makes a great leader. Being a leader means being a role model to many, setting positive examples, interacting with others and having a caring dissipation. Leadership can be a journey of discovery. Leadership is a skill that is a critical part of any business/corporation. Often time’s management is mistaken for leadership. While both leaders and managers have power, and others that rely on their expertise, leadership is more of an art form. It is something that is often mastered over time. Effective leadership requires humanity, the ability to make good decisions and take responsibility for ones actions or the actions of the team. There are varies types of leadership styles, some focus on behavior while others focus on qualities’, and associations. Leadership is defined as “a social influence process in which the leader seeks the voluntary participation of subordinates in an effort to reach organizational goals. This definition implies that leadership involves more then wielding power and exercising authority and is exhibited at different levels. Leaders are like the rest of us: trustworthy and deceitful, cowardly and brave, greedy and generous. To assume that all leaders are good people is to be willfully blind to...
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...Economics for the Global Manager BUS610 AIU Abstract This paper will discuss Boeing’s global operations as it pertains to its activities outside the U.S. It will identify the economic concepts that apply to this firm and how the concepts can be used to address the firm’s problems and opportunities. It will identify the economic and political policies that affect this firm and how the policies impact business decisions. It will discuss how the firm uses technology for strategic advantages and the impact of globalization for the firm. Economics for the Global Manager Introduction The world’s largest; Boeing is an aerospace company that leads the manufacturing of commercial jetliners. Boeing also has manufacturer defense, space, and security systems (About Us, 2013). Boeing’s global operations have supply and manufacturer activities outside the U.S. (Backgrounder, 2013). The economic concepts that apply to this firm are manufacturing of commercial jetliners as well as defense, space, and security systems and these concepts can be used to address the firm’s problems and opportunities (About Us, 2013). The economic and political policies that affect this firm are economic growth and political turmoil and these policies impact business decisions (Long-Term Market, 2013). The firm uses technology for strategic advantages by ¬making plans in its research and development investments to maximize potential returns and the impact of globalization for the firm (Arkell, 2005)...
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...Organization Culture Analysis Elizabeth Keenan BUS610: Organizational Behavior (MOC1451B) Shawna Wentlandt December 22, 2014 Observable artifacts, espoused values, and enacted values analysis discovers a great measure of units to the look which unite to establish total organizational culture. It mentions the broad culture inside a company or organization, and is frequently as well related to for corporate culture (Gimenez-Espin, Jiménez-Jiménez, & Martínez-Costa, 2013). Organizational cultures is the arrangement of the set of beliefs, values, and norms, conjoined with symbols as adopted consequences and personalities, that symbolizes the specific role of an organization, and allows the circumstance for process within them and through them. In this assignment, I will be discuss an organizational culture analysis of observable artifacts, espoused values, and enacted values of my past or present employment. The observable artifacts of a culture are the visible organization linked on them. It consisted of symbolic representation, observances, philology, and interpersonal specs which characterized a sort of living that admits captions, stories, and jargon. Stories are one method of channelizing cultural artifacts through explicating dichotomies, equations, bias and ancient issues. They produce individuality, form firm structures, and apply a feel of belonging (Baack, 2012). Two striking illustrations of observable artifacts that ascend Birch Tree Nursing Home in Clinton...
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...Team-Building exercise for Conflict Resolution Stephanie Wynn BUS610: Organizational Behavior Peggy Morrison December 5, 2011 Conversely, there is differencing of elements that makes up a team. A group has arrived to a team status when leadership becomes a shared activity. To become an effective leader an individual must possess the skill of competency. The role of accountability shifts from strictly individual to both individual and collective. (Kinicki, and Kreitner, 2009). The responsibility of leadership will exemplify the traits to delegate responsibilities amongst members. A common goal of the team is to form a vision or mission statements between their peers. This will establish a clear vision as to what the team wishes to build upon. Forming a sense of commitment among the team, problem solving becomes a part of life as opposed to a part-time movement. Finally the effectiveness of the team is measured by the group’s collective outcomes. Further, weighing the pro’s and cons to involvement of groups in decision making process can be cost effective. Research confirms that groups outperform the average individual by a long run. Therefore, our text mentions five important issues to consider when utilizing groups to making team building decisions. Groups are less effective than any one individual. The concept “two head are better than one” rings very clear in an environment setting. A group who presents the elements of over-confidence can foster “groupthink”. Our...
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...Motivational Problems in an Organization Lora M Baker BUS610: Organizational Behavior Dr. Mark Pantaleo March 12, 2012 Motivational Problems in an Organization Efficient motivation in the workplace is one of the most challenging and significant responsibilities for management in an organization. Motivational problems transpire in the workplace when the employee’s expectation or values are not satisfied. Motivation occurs when we have some kind of pressure that stimulates us to diminish it by gratifying unmet needs. Managers need to figure out these psychological developments to direct workers into achieving the corporations’ target. Managers need to persuade the employee to get them to want to do the task at hand. People need to be intrinsically motivated to be engaged at work. The future success of a business is concluded on the ability of a manager to motivate employees to accomplish organizational objectives, by making certain the manager recognize, understand, and implement one of the motivation theories to change the motivation behavior. Motivation Motivation is the emotional balance of aspiration, perseverance, and determination that is intentionally aimed at accomplishing a goal. It is what drives us to prosper. A form of motivation is intrinsic. Intrinsic is ones contentment and feelings of accomplishment and extrinsic a persons’ aspiration to pass up or accomplish certain kind of outcome for ones actions. As noted by Kinicki and Kreitner (2009), “Intrinsically...
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...ETHICAL 1 Ethical Issues Organizational Behavior/BUS610 April 30, 2012 ETHICAL 2 An ethical decision is made up of moral issues and choices. The choices a person makes are ones he or she has to live with despite the moral implications or consequences. There are several reasons that a person decides whether they will choose the positive or negative way. These different ways will be discussed in this paper. The best way to influence positive ethical decision making is to be a positive influence. The Sarbanes-Oxley Act of 2002 was established with harsh penalties and higher accountability standards. Criminal Acts from the CEO’s from Enron, WorldCom, Tyco, Aldelphia Communications and Computer Associates along with several other executives have led to imprisonment for them all for unethical decisions that were made (Kinicki, Kreitner, 2009). No one is immune to unethical decision making. Making an unethical decision can cost a corporation or organization profits. It is estimated that $600 billion a year is lost in United States Companies from criminal behavior and unethical decisions (Kinicki, Kreitner 2009). The more ethical a corporation is the better chance it has to hire the best employees. I do not think anyone wants to start out by saying; I work for an unethical company. Ethical conduct is influenced by several factors, with the individual...
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...Organizational Behavior BUS610 Introduction Organizations have found it imperative to have some elements of motivation to foster the productivity of their employees. This is not only true for the organizations engaged in profitable ventures but also to non-profit organizations which have found that motivated individuals do a better job compared to demotivated individuals. Numerous theories have been developed since time immemorial to discuss and suggest various ways through which an organization can get its workforce motivated. Motivation has been discovered not only to be factor in good performance but also a factor for self-satisfaction; no matter the approaches the theories use to explain how motivation can be attained in organizations, they all drive to one point of having the employee satisfied (Wu, 2012). This essay shall focus on Humanistic Theory of Motivation developed Maslow (hierarchy of Needs) with an aim of connecting the relationship between motivation, job satisfaction and work performance. The theory is driven towards ensuring that the management is conversant about the employee state of needs and therefore able to device proper strategies to ensure that high motivation levels are maintained among the employees for better productivity. Job Performance Issue There are numerous performance problems in work places that result from demotivation. One of the conspicuous performance problems I witnessed at my place of work was negativism, hostility and lack of...
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...Ethics William Bray BUS610: Organizational Behavior Instructor: Dwight Reimer October 17,2011 To do or not to do that is the question. Business Ethics is a concept that must be studied worldwide to determine what is appropriate across all cultures and societies. Ethics is mainly needed in matters that have to do with the gray areas in our lives. When moral decisions are black and white, knowing what we should do is easy. We may not live up to our convictions all the time, but often one may find that there is no question in his or her mind of what one ought to do. Though many people disagree about the definition of right and wrong all the time it has been significant to education and business practices to consider what the concept of ethical behavior actually entails. Business ethics is the written and unwritten rules, standards and policies that businesses deal and govern the actions that occur daily within the organization, the world and the interactions between the company and the customer. There are a variety of ethical issues that are apparent within various organizations today. These issues constitute the study surrounding ethics that helps businesses keep their organizations from falling through the cracks of unethical behavior that may have been or may be popular amongst certain groups in the business workforce. Among these ethical issues falls within the idea that specifically organizations that have a diverse workforce and how they have become the conflict...
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