...------------------------------------------------- Final Grade International College of Business & Technology Ltd. STUDENT NAME: _________________M.D.U.Guruge__________________________________ BTEC REGISTRATION NO:____________________________________________________ PROGRAMME: Edexcel BTEC Level 7 Professional Diploma in Strategic Management and Leadership UNIT NO/TITLE: Unit 04 / Developing Corporate Culture ASSIGNMENT NO: Individual Report Credit Value: 05 Learning Outcomes: 1.0 Understand how the characteristics of corporate culture affect the achievement of organizational objectives 2.0 Be able to propose organizational values that will influence corporate climate 3.0 Be able to develop strategies to communicate with stakeholders of an organisation who belong to different cultural groups Issue Date: December 6th 2013 Due Date: January 5th 2014 Submission Date: Assessor’s Name: PROGRAMME: Edexcel BTEC Level 7 Professional Diploma in Strategic Management and Leadership UNIT NO/TITLE: Unit 04 / Developing Corporate Culture ASSIGNMENT NO: Individual Report Credit Value: 05 Learning Outcomes: 4.0 Understand how the characteristics of corporate culture affect the achievement of organizational objectives 5.0 Be able to propose organizational values that will influence corporate...
Words: 4342 - Pages: 18
...television networks.” 1.1 Background of the Study Communication is said to be the imparting or exchanging of information by speaking, writing, or using some other medium. It could be between two or more persons, human and machines or any other communicable entity. Group communication can be carried out through various means such as smoke signals and drums which was common in ancient Africa, America and parts of Asian, the fixed semaphore in ancient Europe and electronic means which is most prominent, popular and recent. This research details on the effects of communication in cooperate organizations using electronic means. 1.2 Statement of Problem Following the advent of electronic communication, most corporate organizations are yet to take advantage of this fast, reliable and cost-effective means of communication, this research shall depict the benefits of e-communication on cooperate organizations so as to encourage its deployment which will...
Words: 8745 - Pages: 35
...4/8/2015 Business Ethics : Today vs. Earlier Period Society’s Expectations of Business Ethics Dilemma and Action Ethical Problem Actual Business Ethics Ethical Problem 1950s • Ethics in business has to do with making the right choices - often there is no apparent one right way and one must choose the best in the circumstances. • Managers are sometimes faced with business choices that create tensions between ethics and profits, or between their private gain and the public good. Early 2000s Conditions of Ethical Dilemma • There are three conditions that must be present for a situation to be considered an ethical dilemma. • The first condition occurs in situations when an individual, called the “agent,” must make a decision about which course of action is best. Situations that are uncomfortable but that don’t require a choice, are not ethical dilemmas. For example, students in their internships are required to be under the supervision of an appropriately credentialed social work field instructor. Therefore, because there is no choice in the matter, there is no ethical violation or breach of confidentiality when a student discusses a case with the supervisor. • The second condition for ethical dilemma is that there must be different courses of action to choose from. • Any decision where moral considerations are relevant can potentially give rise to an ethical dilemma. for example:• A decision that requires a choice between...
Words: 2262 - Pages: 10
...Introduction Nowadays, Game theory plays an important role in modern analysis. This concept can be applied in plenty fields including business, finance, political science, economics and sports. In business, competition is very intensive hence decision makers should analyse and determine their strategy carefully. Furthermore, they have to consider about their rivals strategies available and actions in the game. Once decision makers know all strategies available, they can apply a game concept, and achieve the proper outcome. This essay is divided into two parts, in first part, it will be discussed the general idea of game theory including prisoner’s dilemma which is one of the most known theories. In the second part, the application of game theory will be presented in the example of an oligopoly market. Part one: General discussion of game theory Game Theory...
Words: 2731 - Pages: 11
...Anarchy complicates interstate interaction because there is no enforcement and no rules, unless there is an international institution. In basic terms anarchy is where there is no authority or sovereign above the states. There can be institutions to help states cooperate, but ultimately states may do what they want. When states have free roam is hard to get them to cooperate. In the cooperation problem we have two types of cooperation: coordination and collaboration. Coordination is where states make the same choices and have no incentive to defect, this is the easier of the two. Collaboration is where states work together to make choices, but still have incentives to defect. In terms of a cooperation problem modeling the anarchy of interstate...
Words: 1000 - Pages: 4
...Prisoner’s dilemma is as standard example of game theory that shows that two rational indicidual might not cooperate even if cooperation will fit their best interest. (wiki) Let me explain the prisoner’s dilemma first. In prisoner’s dilemma, each individual act rationally. That means each individual should do anything that benefit her/him. Let’s imagine Jack and Rose has committed a crime and are arrested. During the interrogating, they are separated in two interrogate room, the game is shown below. - - Rose stays silent ( cooperates) - Rose betrays (defects) - Jack stays silent (cooperates) - Each serves 1 year - Jack: 3 years - Rose: goes free - Jack betrays (defects) - Jack: goes free - Rose: 3 years - Each serves 2 years In this dilemma,...
Words: 900 - Pages: 4
...The Prisoners' Dilemma Cooperation is usually analysed in game theory by means of a non-zero-sum game called the "Prisoner's Dilemma" (Axelrod, 1984). The two players in the game can choose between two moves, either "cooperate" or "defect". The idea is that each player gains when both cooperate, but if only one of them cooperates, the other one, who defects, will gain more. If both defect, both lose (or gain very little) but not as much as the "cheated" cooperator whose cooperation is not returned. The whole game situation and its different outcomes can be summarized by table 1, where hypothetical "points" are given as an example of how the differences in result might be quantified. Action of A\Action of B Cooperate Defect Cooperate Fairly good [+ 5] Bad [ - 10] Defect Good [+ 10] Mediocre [0] Table 1: outcomes for actor A (in words, and in hypothetical "points") depending on the combination of A's action and B's action, in the "prisoner's dilemma" game situation. A similar scheme applies to the outcomes for B. The game got its name from the following hypothetical situation: imagine two criminals arrested under the suspicion of having committed a crime together. However, the police does not have sufficient proof in order to have them convicted. The two prisoners are isolated from each other, and the police visit each of them and offer a deal: the one who offers evidence against the other one will be freed. If none of them accepts the offer, they are in fact cooperating...
Words: 902 - Pages: 4
...college, students go to work in the society and contribute to the different fields. Secondly, students can learn how to arrange their own time reasonably. Before their studying in college, their life often arranged by their parents and their study often arranged by their teachers. It is very different for them to live and study in college, because students studying in college have to arrange their life and study by themselves. They have right to arrange their part time, such as when to get up, when is the sport-time, when to finish the assignment etc. This is very important experience for students’ work and life in the future. Secondly, studying in the college make students having opportunity to live with other student and learn how to cooperate with other people. Usually, people often have uncomfortable feeling to live with a stranger, because they do not know each other...
Words: 432 - Pages: 2
...the principles of international law, the sovereign right to exploit their own resources pursuant to their own environmental and developmental policies, and the responsibility to ensure that activities within their jurisdiction or control do not cause damage to the environment of other States or of areas beyond the limits of national jurisdiction. Principle 3 The right to development must be fulfilled so as to equitably meet developmental and environmental needs of present and future generations. Principle 4 In order to achieve sustainable development, environmental protection shall constitute an integral part of the development process and cannot be considered in isolation from it. Principle 5 All States and all people shall cooperate in the essential task of eradicating poverty as an indispensable requirement for sustainable development, in order to decrease the disparities in standards of living and better meet the needs of the majority of the people of the world. Principle 6 The special...
Words: 515 - Pages: 3
...differences between the police and communities around the united states? For instance, the shooting in Ferguson, Missouri. Mass murdering in public places. Such as, the movies where families go to have a good time. Schools should be a safe place where children go to get their education. Instead we have shootings in movies, schools and even at marathons. How can we trust a government that is letting innocent civilians die because their letting these problems happening over and over again? In that in mind I believed the government should try more to stop the violence to make a safe environment for our families. First the government should educate communities on how to cooperate better with police to help prevent problems in their community. In reality, if a black person gets stop by the white policeman they are less likely to cooperate with them rather than a black policeman. Black policeman understand how the african-americans have a history of not trusting the law, like what happen in Cleveland, Ohio. For example, A 12 year old boy named Tamir Rice was killed in November 2014 at a recreation center. Tamir was accused of point a gun at people at the park. When the...
Words: 721 - Pages: 3
...Product * Xiaomi’s phone is a low-price smart phone, which called it ‘Apple of China. The design team of Xiaomi’s mobile phone from MOTOROLA, hardware team millet mobile phone production by Foxconn and Envada foundry. * Xiaomi’s mobile phone operating system is the independent research and development of Xiaomi’s MIUI OS system, which is similar to the android system. The MIUI systerm imitate Apple’s desktop phone style, like, there is no menu option. It’s very easy to use for British people. * Xiaomi’s phone has many beautiful themes. Which will be popular with business, girls. The Mi3 has Stunningly beautiful screen with 5-inch IPS display. Full HD at 16:9. It will be so great to See crisp details in 1080p HD video or play games rich textures in 3D games environments. * The company has so far only sold phones in greater China - but is now looking to expand globally Price * In 2011 the first millet mobile phone MI 1 release, sells nearly 1999 RMB. The latest MI phone MI 3 only 2999 RMB. For low-end Xiaomi’s mobile phone products, such as Hong MI and Hong MI note, only sells 799 RMB. Therefore, Xiaomi’s product is high quality mobile phone with lower price. Compare to others product in the industry, Xiaomi’s phone has its own price advantage for distribution to the UK. Use Vodafone Company as example. * The popular phones price sells in Vodafone Company. The Samsung Galaxy 5 sells 37 pound per month for a contract phone. A Xiaomi’s phone...
Words: 511 - Pages: 3
...Liberalism vs Realism Definitions 1. When realists observe the world system, they primarily see states struggling for power, each trying to consolidate its relative gain in a zero-sum game. The structure of the international system is thus rooted in this struggle, which is why realists contemplate little or no change in the structure of the international system. 2. A liberal, on the other hand, sees interdependence in the world system, a system in which every state cooperates on some level with other states. This cooperation is facilitated by institutions and established norms and ensures that every state maximizes its gain. Absolute gains, therefore, rather than relative gains, are the focus of liberals. In spite of the level of cooperation and interdependence existing between Nigeria and the United States, for instance, nothing in terms of the benefits accruing to both states could rightly be construed as "mutual." Nigeria's goal may be to try as much as possible to make the most of its oil wealth, even if it means producing below its prescribed OPEC quotas in order to sell at a higher price - a situation many strategists in Nigeria would welcome. America, on its part, may use its leverage as a global power to block any attempt by Nigeria to procure any form of debt relief from IMF as payback for Nigeria's unfavorable oil policy. The above hypothetical underlies my difficulty in truly appreciating the liberal analysis of the world system. It would seem that cooperation...
Words: 519 - Pages: 3
...1.1 Cooperation 1. Stag – Hunt Game STAG HARE STAG 3,3 0,1 HARE 1,0 1,1 The preferred outcome is initially where both players hunt the stag and yield 3 utiles each from this action. However the scenario where they both decide to hunt hares and thus non-cooperate with each other is also a Nash equilibrium. In both these scenarios neither player has a unilateral incentive to defect. PB = Probability Player B will hunt the stag. EUA(STAG) = 3 PB + (0) P’B = 3 PB EUB(HARE) = (1) PB + (1) P’B = PB + (1- PB ) = 1 Player (A) will do better playing stag is he is certain that (B ) is also going to play stag, but since there is uncertainty towards what B’s actions might be it is less risky for A to play hare, as no matter what B does in this scenario A has 1 utile secured. It therefore follows that A should only hunt the stag when EUA(STAG)≥ EUB(HARE). (A) needs to be certain that PB is at least 1/3 in order for it to be confident enough to play stag. The need for the actors involved in a situation to hold a set of beliefs concerning the behavior of the other actors is illustrated by this game. In this case player (A) needs to trust that the set of beliefs regarding (B) that it holds, defined by PB, are indeed PB ≥ 1/3 in order to motivate it to engage in cooperation and hunt the stag. That is to say that (A) needs to be able to assess the predictability of (B’s) actions before carrying out a rational action. Without this trust there is no incentive for either player...
Words: 1228 - Pages: 5
...college, students go to work in the society and contribute to the different fields. Secondly, students can learn how to arrange their own time reasonably. Before their studying in college, their life often arranged by their parents and their study often arranged by their teachers. It is very different for them to live and study in college, because students studying in college have to arrange their life and study by themselves. They have right to arrange their part time, such as when to get up, when is the sport-time, when to finish the assignment etc. This is very important experience for students’ work and life in the future. Secondly, studying in the college make students having opportunity to live with other student and learn how to cooperate with other people. Usually, people often have uncomfortable feeling to live with a stranger, because they do not know each other...
Words: 432 - Pages: 2
...college, students go to work in the society and contribute to the different fields. Secondly, students can learn how to arrange their own time reasonably. Before their studying in college, their life often arranged by their parents and their study often arranged by their teachers. It is very different for them to live and study in college, because students studying in college have to arrange their life and study by themselves. They have right to arrange their part time, such as when to get up, when is the sport-time, when to finish the assignment etc. This is very important experience for students’ work and life in the future. Secondly, studying in the college make students having opportunity to live with other student and learn how to cooperate with other people. Usually, people often have uncomfortable feeling to live with a stranger, because they do not know each...
Words: 432 - Pages: 2