...PEST PEST stands for "Political, Economic, Social, and Technological analysis" so companies can use this to assess the situation of the economy so they know how to run the business. The British Heart Foundation is a charity organisation in the United Kingdom that funds research, education, care and awareness campaigns aimed to prevent heart diseases in humans. The Charity was founded in 1961 by a group of medical professionals who were concerned about the increasing death rate from cardiovascular disease. It is a major funder and authority in cardiovascular research, education and care, and relies predominantly on voluntary donations to meet its aims. In order to increase income and maximise the impact of its work, it also works with other organisations to combat premature death and disability from cardiovascular disease. ` Economic factors which effect Coca Cola There will be a few different things that will affect Coca Cola. One off the things that will be an Economic factor is the interest rates the Bank of England will set. Interest rates will determine how much money customers will have to spend and whether they will buy coca cola more or less than they where before. Another factor what will affect Coca Cola will be the exchange rates. Exchange rates will affect the company because they will have to keep up to date with the changes with the currencies in each country and compare the prices in each to make sure they sell for the right price. Another factor is the inflation...
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...Jordan Davis Whole Foods Market Baker College Whole Foods Market Economic environment The economic environment is describe as the totality of economic factors, such as employment, income, inflation, interest rates, productivity, and wealth, influencing the buying behavior of consumers and institutions. It has five main components; they are economic conditions, economic system, economic policies, international economic environment and economic legislations. Whole Foods CEO John Mackey has pioneered a different approach for the operation of his company than most large retail businesses. John Mackey has the ideal that business and “crony” Capitalism is fundamentally based on greed, selfishness and the exploitation of consumers, workers, society, and the environment for the goal of maximizing profits.(Mackey 2013). However as his business has grown and become very successful he grew to believe that if ran correctly business and capitalism can be a vehicle to solve most of the economic problems of the world we live in. (Mackey 2013). The economic condition of the world affects the profitability of Whole Foods Company through several different factors. The standard of living in which the customers of Whole Foods Market are subject to dictates the amount of tangible goods they can purchase from the company. Organic offerings cost more to produce that other types of offerings making the price to consumers considerable higher than non-organic...
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...Case Study: Should Alibaba Group Centralize? Jack Ma founded the technologically evolving and economically progressing business, Alibaba Group. Ma saw the potential of the Internet early on and created a multifaceted conglomerate, capturing a business market at its foundation. His goal was to provide a simple, efficient e-commerce platform and now holds half of the B2B in China. Wherever there was a need, Ma would adapt and create different business units to effectively provide the service. Alongside online trading, Ma provided a platform for retailers, individuals, payment services, management solutions, and an entertainment portal. Alibaba Group developed synergies within the units and subsidiaries to coordinate ideas, spread resources, and develop additional units to complement each other. He down streamed manufacturers provided a cheap storefront and added value services (such as keyword bidding and commission based sales). His model was unlike any other at the time. This kind of consolidation, led to competition among the subsidiaries. This kind of competition, however, has inspired efficiency and differentiation. Ma promoted collaboration and created cross-business and cross-functional teams. The business units also did not depend on large teams but rather channeled its focus on engineering and customer service. By the mid 2000’s, China had transitioned into a primarily private economy—which ultimately brought the nation to an economic boom. By 2009, 70% of Alibaba...
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...Management Process and Organization Behavior MB0022/ PB 001/MH0026 Contents Unit 1 Management Process Unit 2 Organizational Behavior Unit 3 Foundation of Organization behavior Unit 4 Learning Unit 5 Value, Ethics and Job satifaction Unit 6 Personality Unit 7 Emotions Unit 8 Perception 96 83 69 52 41 33 17 1 Edition: Fall 2008 Contents Unit 9 Motivation Unit 10 Group Behavior Unit 11 Power and Politics Unit 12 Conflict Management Unit 13 Stress management Unit 14 176 114 131 147 164 Organization change Unit 15 Organization Development 191 205 Edition: Fall 2008 BKID – B0665 Dr. K. Jayakumar Vice Chancellor Sikkim Manipal University of Health, Medical, and Technological sciences Prof. Nandagopal V. B. Director and Dean Sikkim Manipal University of Health, Medical, and Technological sciences. Board of Studies Dr. T. V. Narasimha Rao Professor, Manipal Universal Learning Ms. Vimala Parthasarathy Prof. K. V. Varambally Director, Manipal Institute of Management, Manipal Mr. Shankar Jagannathan Asst. Professor,. Sikkim Manipal University of Former Group Treasurer Health, Medical and Technological studies. Ms. Sadhana Dash Senor Manager HR Microsoft India corporation ( Pvt) limited Mr. Pankaj Khanna Director, HR, Fidelity Mutual Fund Mr. Abraham Mathews Chief Financial Officer Infosys BPO, Bangalore Wipro Technologies Limited, Bangalore Content Preparation Team ...
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...Evolution of Sexuality, Gender and Feminism in Cyber Culture Within the ever-evolving cyber world, in which many people find themselves living, there are traditional aspects of a previous culture which are re-emerging with technological advances. There are changing expectations of almost all themes and ideas in life, including gender and sexuality that are emerging with different notions and concepts which accompany them. In Neuromancer, by William Gibson, gender and sexuality of cyber culture are themes which are redefined and addressed throughout the novel. Through these new definitions of sex and gender, which are modified by technological advances, feminism, sexuality and the male-female binary are altered and take on entirely new meanings, which represent the decline of some aspects of humanity. Beginning with sexuality, there were very strict definitions of sexuality in our culture before it was exposed to an internet and cyber infested world. There were expectations and notions which existed prior to the emergence of cyber culture. These concepts are discussed and depicted in Gibson’s Nueromancer. There are many scenes which show this evolving and changing notion of sexuality of the future; the most memorable would most likely be the scene where Riviera performs a sexual scene to an audience including Armitage, Molly and Case. He uses his hands and mind to paint a picture of a woman, which he is having sex with; the woman is Molly. Riviera is able to paint a vivid...
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...Philips Vs Matsushita Scm 1. A New Century, a New Round Scott Campbell - Christina Connolly - Maureen Stafford MBAM 619.11 March 30, 2009 versus 2. Foundation Founded in 1892 by Gerard Philips in Eindhoven, Holland Tradition of caring for its workers Innovation as a core strength One product focus on light-bulbs (initially) + Gerard’s technological prowess enable significant innovations Strong research vital to company’s survival Philips built its success on a worldwide portfolio of responsive national organizations 3. Foundation Founded in 1918 by Konosuke Matsushita in Osaka, Japan “ Seven Spirits of Matushita” and cultural and spiritual training are key First Japanese company to adopt the divisional structure “ One-product-one-division” Internal competition fostered among divisions Matsushita built its success on its centralized, highly efficient operations in Japan 4. Tangible and Intangible Assets Physical Assets: new labs Regulators: Common Market erodes trade barriers External Assets Financial Assets Suppliers Customers Employees: competitive/loyal Owners Brand Capital, Relationship Capital, Knowledge Capital Individual Capital, Team Capital Human Capital: strong experts Intellectual Capital Society Competitors: Sony, Matsushita, General Electric Organizational Fiscal Responsibility Boundaries Market Boundaries Society Boundaries Intangible Assets Supply Chain Boundaries Organizational Boundaries Tangible Assets 5. Tangible and Intangible Assets Physical Assets External...
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...CLUSTER DEVELOPMENT: THE INDIAN EXPERIENCE Prof P Bala Bhaskaran Evolution of Clusters Birds of the same feather, flock together. This must have been the dictum that brought similar enterprises together through the ages. The process of clustering of enterprises and economic activities has been happening across the globe; only the type, scale, scope and timing have been different. In the early stages the driving factors1 were • proximity to raw materials • presence of customers and markets • presence of skilled labour • presence of business development or support services The process of clustering envisages coming together and acquiring some sense of economies of scale as well as acquisition of competitive advantage. It also signified an early stage symptom of industrialization. Once the member entities in a cluster have grown big then the cluster is perhaps less relevant; when they were small they needed the support of each other to achieve economies of scale and the competitive advantage. Developing countries need to look at this process and carefully nurture clusters; this is one of the methods of ushering in industrialization, economic development and growth. India, like other developing countries have been giving fair amount of attention in this direction. Context of SMEs in India Small and Medium Enterprises [SMEs], through their ubiquitous presence have a significant role in the economy. They are responsible to usher in the industrial culture and the process of industrialization...
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...conjunction with an analysis of our organization--its culture, mission, strengths and weaknesses--to define strategic issues, to chart our direction by developing strategic vision and plans, to define how we will implement these plans and to specify how we will evaluate how well we are implementing these plans. The fact that the world is changing as we move forward in the future demands that the process be an iterative one. Strategic Management Strategic management is a technique you can use to create a favorable future and help your organization to prosper. To create this favorable future, you must involve your organization's stakeholders (i.e., anyone with a vested interest in achieving your organization's goals) in envisioning the most desirable future and then in working together to make this vision a reality. The key to strategic management is to understand that people communicating and working together will create this future, not some words written down on paper. Strategic management does not replace traditional management activities such as budgeting, planning, monitoring, marketing, reporting, and controlling. Rather, it integrates them into a broader context, taking into account the external environment, internal organizational capabilities, and your organization's overall purpose and direction. Each organization's experience with strategic management is unique, reflecting the organization's distinct culture, environment, resources, structure, management style,...
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...With the increase of business globalization, management are finding themselves in international environments that have ethical challenges. When managing ethical conduct in their own culture is difficult, imagine how difficult it would be to manage a culture when a different language and culture, management will be under a great deal of stress and stakeholders will enormously increase. The key stakeholders will include several governments with different regulations, policies and laws; their business partners incorporated elsewhere or in the United States; having customers and employees from different cultures, and a different civil society such as, the media, non-profit organizations, religious, political and academic institutions interested in global business ethics. In business globalization, management has to deal with many different stakeholders that will make a global business ethics exceedingly difficult. The issues that global management faces is money laundering, corruption, workplace conditions, human rights and respect for the local cultures and customs. Mostly in developing countries, ethical difficulties that management faces may conflict with their own ethical values, even though multinational organizations who have years of experience in doing business international, sometimes will give management policies and training to guide their action, and many of American business representatives are left to fend for themselves with little or no guidance (Trevino, 2006). ...
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...the diversity of the framework conditions, cultural preferences and political priorities in the Member States. PRO INNO Europe is a new initiative of Directorate General Enterprise and Industry which aims to become the focal point for innovation policy analysis, learning and development in Europe, with a view to learning from the best and contributing to the development of new and better innovation policies in Europe. Run by the Innovation Policy Directorate of DG Enterprise and Industry, it pursues the collection, regular updating and analysis of information on innovation policies at national and European level. The INNO-Policy TrendChart serves the 'open policy coordination approach' laid down by the Lisbon Council in March 2000. It supports organisation and scheme managers in Europe with summarised and concise information and statistics on innovation policies, performances and trends in the European Union (EU). It is also a European forum for benchmarking and the exchange of good practices in the area of innovation policy. The INNO-Policy TrendChart products The INNO-Policy TrendChart, previously TrendChart on Innovation, has been running since January 2000. It now tracks innovation policy developments in all 27 EU Member States, plus Iceland, Norway, Switzerland, Croatia, Turkey, Israel, Brazil, Canada, China, Japan, the USA and India. The INNO1 Policy TrendChart website ( ) provides access to the following services and publications,...
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...components create the overall direction and success for a corporation (Mansfield, Fourie & Gevers, 2005). Strategic Architecture strives to choreograph a movement between change and stability. Architecture strategy translates business strategy into objectives for building and enhancing business capabilities together to accomplish the implementation puzzle. Development of an effective strategic architecture in an organization increases the probability of developing better strategy solutions and achieving better organization performance. Hamel and Prahalad (1990) developed their explanation of strategic architecture as (O’Shannassy & Hunter, 2009): “Consistency of resource allocation and the development of an administrative infrastructure appropriate to it that breathes life into a strategic architecture and creates a managerial culture, teamwork, a capacity to change, and a willingness to share resources, to protect proprietary skills and to think long term.” Business strategy is a continual process, and strategy implementation must be responsive to this continual change in direction. Architecture must provide the foundation for flexibility and evolution. At the same time, however, the architecture must provide points of stability. It is this stability that allows for organizational learning and improvement, leading to excellence....
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...Unit title Level Credit value Unit code Unit review date Understanding Organisations and the Role of Human Resources 31 4 3HRC Sept. 2011 Purpose and aim of unit This core unit provides an introduction to the role of human resources and learning and development (HR/L&D) within an organisation and the environmental context. By the end of this unit the learner will have developed their understanding of how HR activities support an organisation’s strategy and assist the achievement of business objectives and how these are shaped by internal and external factors. This unit is suitable for persons who: are aspiring to, or embarking on, a career in HR/L&D are working in the field of HR/L&D in a support role and wish to develop their knowledge and skills have responsibility for HR/L&D activities and decisions within an organisation without a specialist function are employees or independent consultants within the field of HR/L&D wish to understand the role of HR/L&D in the wider, organisational and environmental context. Learning outcomes On completion of this unit, learners will: 1 Understand the purpose of an organisation and its operating environment. 2 Understand the structure, culture and functions of an organisation. 3 Understand how HR activities support an organisation. 1 Equivalents in Ireland = 5; Scotland = 6 CIPD unit 3HRC - Version 2 - 17.03.10 1 Unit content Indicative content is provided for each of the learning outcomes...
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...Management In a few words, Google is a multinational corporation dedicated to a broad range of internet-based services and products. Google Inc. began as a modified and improved web search engine but it quickly began to grow and evolve. In the present day, Google has infiltrated itself into a variety of different markets in order to continue to develop new ideas and projects. Google's other enterprises include Internet analytics, cloud computing, advertising technologies, and Web app, browser and operating system development. In merely 19 years of existence, Google has been able to transform itself from being a tool to becoming part of our culture and everyday life. Such incredible success is the result of its transcendental leadership, its innovative corporate culture and its well distributed and managed corporate strategy. In 1996, Larry Page and Sergey Brin, the original leaders of Google, developed the search engine “Backrub” as a research project while they were Ph. D students at Stanford University. Page’s and Brin’s mission was to develop a way to categorize infinite amount of information in an attempt to organize the internet in terms of relevance to the search’s input. Backrub used a technology to determine a website's rank by the number of pages, the importance of those pages, and by checking backlinks to estimate the importance of a site. After working under Stanford University’s domain for one year and recognizing their success, Brin and Page left Stanford and...
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...For this assignment our learning team discussed the Bribery Scandal at Siemens AG. As a group we analyzed the case and conducted additional research to answer critical questions in each key section. Supported by the course material and supplemental articles, the team compiled the research that discussed Internet technologies, affective technologies in management development strategies, global alliances and provided recommendations on cross border operations. Key issues Analysis of the Siemens case resulted in several key issues which explained the bribery scandal. Lack of leadership is the primary cause for the Siemens representatives convicted of bribery in 2007. The intention of the bribery was to ensure that Siemens obtained needed global contracts. The methodology offered supported no personal gain from this bribery and the organization gained contracts which negated a cause for an illegal act. In addition, Siemens was operated in countries where these acts were considered legal. There were no other documented strategies to obtain the contracts that did not include illegal activity (Deresky, 2011). Although managers were able to offer defenses against the allegations, the underlying issue in this case is poor leadership will result in multiple scandals. The leadership team within this organization took no responsibility from an international perspective to create an ethical environment and standards for their employees. There was no acknowledgement of illegal activity...
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...INTRODUCTION Seed is an important vehicle for technological innovations. And good seed is one of the first and foremost prerequisites for a healthy and vigorous crop. However, seed is more than an agricultural input and a source of new technologies. A range of developmental, socio-economic, environmental and political issues are also covered by seed: food security, natural resource management, agro biodiversity, intellectual property rights, social dynamics, gender, cultural and religious dimensions, policies and regulations. And seed technology is the total of all the systematic activities necessary for production and supply of quality seeds in the crop culture of a country. These systematic activities are: multiplication, processing and preservation, quality assurance, marketing and finally ensuring the use of seed by farmers. The sequential approach in ensuring the use of quality seed has been undertaken in mid seventies and the quantity of seeds supplied by following the seed technological activities is only 6% of the total requirement. Rest of the seed used in the country is almost of unknown quality. Researches undertaken in these areas are inadequate and fragmentary. History of Seed System Development Traditionally, farmers keep a part of their produce as seed and use it for subsequent crop production. They also collect seed from their neighbors’ when necessary. Seeds were also sold in village markets. Seed traders...
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