Premium Essay

Executive Management Reflective

In:

Submitted By kamanda5
Words 2287
Pages 10
Strategic Culture

Instructor’s Name
Student’s Name:

Table of Contents Task 1: 2 Description and Working of Company 2 Keys to Success 3 Task 2: 4 Analysis of Marginal Practices: 4 Gross profit ratio: 4 Net Profit Margin: 4 Efficiency Ratio: 4 Current ratio: 5 Quick ratio: 5 Investor Ratio: 5 Collection Period: 5 Financial Analysis 6 Task 3: 6 Management Performances and Constraints 6 Suppliers 6 Customers 7 Investors 7 Marketers 8 Task 4: 8 Plan for Improvement: 8 Company Objectives 8 Promotion Strategy 9 Business Planning & Current Strategy 9 Customers Choice 10 Know the product or idea 10 Know your competitors 10 Assessment of Financial Position of Company 10 References 11

Task 1:
Description and Working of Company
The focus of this Management of Financial Resources and Performance assignment would be on analysis based on significance of stakeholder and the techniques require making them more effectively managed. Being the soul of any organizations, every organization’s basic goal is to increase the wealth of Stakeholders and fulfill their needs. We have selected The Fat Duckis running and managing by four partners. The Fat Duck is one of the best restaurants chain among all over the UK. It is situated in Bray England, and was developed in 1995. The success of the organization and stakeholders connected with each other so stakeholders lead the restaurant towards success. In 2009 the restaurant achieved the best restaurants award and gave 400 dinners and celebrated the success. The Fat Duck has been awarded by world’s best 50 number’s restaurant.
The Fat Duck is offering a good quality and tasty fish, meat and best vegetarian food to its customers; all of them can get from England’s best quality products. The Fat Duck joins with its beloved customers by providing all of the customer fish, meat

Similar Documents

Premium Essay

Multiple Choice Human Resource

...1—Changing Nature of Human Resource Management MULTIPLE CHOICE 1. Human resource management is |a. |supervising, monitoring, controlling, and disciplining employees in order to achieve organizational goals. | |b. |the designing of organizational systems to ensure that human talent is used effectively to accomplish organizational | | |goals. | |c. |the use and coordination of human capital to ensure the profitability and survival of the organization. | |d. |the design of the organization and its systems in order to achieve the goals of the organization. | ANS: B PTS: 1 DIF: Easy REF: p. 4 OBJ: 1 NAT: AACSB Reflective Thinking LOC: HRM TOP: Definitional 2. HR metrics must be linked to |a. |statistical analyses. | |b. |industry outcomes. | |c. |business performance. | |d. |employee satisfaction. | ANS: C PTS: 1 DIF: Easy REF: p. 4 OBJ: 1 NAT: AACSB Reflective Thinking LOC: Creation of Value ...

Words: 8268 - Pages: 34

Premium Essay

Journal Review

...Human Resource Development Review (Jamie L. Callahan, Editor) Title of the Article: The Role of Self-Reflection, Emotional Management of Feedback and Self- Regulation Processes in Self-Directed Leadership Development Author: Paul L. Nesbit No. of Pages: 18 pages SUMMARY The self- directed leadership development is conceptualized within a framework of emphasizing a self understanding phase and self-change phase that are dependent on the integrated operation of three skills concerning one’s ability to manage emotional reactions to feedback, to carry out effectively the practice of self-reflection, and to enact self regulatory processes for development. It is suggested that the accomplished operation of these skills enable more refined and effective self development efforts allowing leaders to respond to changing work environments in a continuous and productive fashion. However, once learned and incorporated into ones behavioral repertoire, the operation of self development strategies would become self guiding. Given that self-development can be considered as metaskills- skills that allow for the development of other skills. It requires developing self awareness of competency strengths and deficits as a primary focus in leaders self development. This process requires self initiated obtainment of performance feedback and self-reflective analysis of this feedback in terms of its implications for one’s self-development (Day, 2001: Moon, 2004). It’s envisioned that...

Words: 3811 - Pages: 16

Premium Essay

Monk

...Chapter 2—Strategic HR Management and Planning MULTIPLE CHOICE 1. The flawed assumption underlying the creation of the “Job Bank” at GM, Ford and Chrysler in the 1980s was that a. the excess workers could be retrained for new “high tech” positions in the auto plants that would be created as the car manufacturing process was automated. b. the auto unions would trade job training for laid-off workers for reductions in the pension plans for retired auto workers thus reducing the labor cost burden per car. c. the Job Bank would be a temporary benefit to employees who took voluntary severance packages that would be phased out as the manufacturers achieved the optimal workforce size. d. demand for American-made cars would increase and the excess workers could return to their factory jobs. ANS: D OBJ: 1 TOP: Application PTS: 1 DIF: Challenging NAT: AACSB Analytic REF: p. 35 LOC: Strategy 2. ____ refers to organizational use of employees to gain or keep a competitive advantage resulting in greater organizational effectiveness. a. Manpower planning b. Strategic HR management c. HR forecasting d. Operational HR ANS: B OBJ: 1 TOP: Definitional PTS: 1 DIF: Easy NAT: AACSB Reflective Thinking REF: p. 36 LOC: Strategy 3. Which of the following statements is FALSE? a. The organization’s existing employees limit the organization’s choice of strategy. b. Organizations survive and grow by choosing the strategy that will allow them to achieve low costs and innovative products. c. Most competitive...

Words: 11138 - Pages: 45

Premium Essay

Marketing Perfromance

...|d. |all of the above. | |e. |(a) and (b) only. | ANS: D PTS: 1 NAT: AACSB Reflective Thinking | CB&E Model Strategy | R&D Managing strategy & innovation 2. The level of marketing control that examines whether the strategy is being implemented as planned and whether it produces the intended results is termed: |a. |strategic control. | |b. |annual plan control. | |c. |strategic component control. | |d. |profitability control. | |e. |incremental control. | ANS: A PTS: 1 NAT: AACSB Reflective Thinking | CB&E Model Strategy | R&D Managing strategy & innovation 3. The level of marketing control that examines how well resources have been...

Words: 3636 - Pages: 15

Premium Essay

Wakawkmakdm

...CHAPTER 9—STAFFING AND HUMAN RESOURCE MANAGEMENT MULTIPLE CHOICE 1. Human resources executive Sarah says, "I finally have a seat at the table." She most likely is implying that a.|she is allowed into the executive dining room.| b.|her work is tied in with company business strategy.| c.|she no longer has to stand in the back of the room during meetings.| d.|she will be allowed to negotiate with the labor union.| ANS: B PTS: 1 DIF: E REF: p. 310 NAT: AACSB: Reflective Thinking, HRM 2. A specific way in which human resources contributes to business strategy is by a.|helping to build high-performance work practices.| b.|organizing company picnics.| c.|making PowerPoint presentations to top management.| d.|helping to prepare job descriptions.| ANS: A PTS: 1 DIF: M REF: p. 311 NAT: AACSB: Reflective Thinking, HRM 3. An example of a workplace factor that could lead to turnover is a.|a booming economy with many job opportunities.| b.|a worker's limited ability to cope with the job demands.| c.|job-hopping tendencies of the worker.| d.|lack of emotional support from the supervisor.| ANS: D PTS: 1 DIF: M REF: p. 313 NAT: AACSB: Analytic, Environmental Influence 4. According to the theory of job imbeddedness, whether employees stay with a firm depends on a.|how long a worker has held the job.| b.|how well the employee is liked by coworkers.| c.|a variety of factors on and off the job.| d.|the worker's demographic characteristics.| ...

Words: 2637 - Pages: 11

Premium Essay

The Paper One

...Project Management, 2e (Pinto) Chapter 1 Introduction: Why Project Management? 1.1 True/False 1) Projects, rather than repetitive tasks, are now the basis for most value-added in business. Answer: TRUE Diff: 1 Section: 1.0 Introduction Skill: Factual AACSB Tag: Reflective 2) Projects have a process orientation. Answer: FALSE Diff: 2 Section: 1.1 What Is a Project? Skill: Definition AACSB Tag: Reflective 3) A typical project stays within functional and organizational boundaries. Answer: FALSE Diff: 2 Section: 1.1 What Is a Project? Skill: Definition AACSB Tag: Reflective 4) The special nature of projects relieves project managers from their routine of planning, organizing, motivating, directing, and controlling. Answer: FALSE Diff: 2 Section: 1.1 What Is a Project? Skill: Factual AACSB Tag: Reflective 5) A project exists outside of the standard line organization. Answer: TRUE Diff: 2 Section: 1.1 What Is a Project? Skill: Factual AACSB Tag: Reflective 6) The initial goal and technical specifications of the project are developed during the planning stage. Answer: FALSE Diff: 2 Section: 1.3 Project Life Cycles Skill: Factual AACSB Tag: Reflective 7) Client interest in a project is highest during the termination and conceptual phases. Answer: TRUE Diff: 2 Section: 1.3 Project Life Cycles Skill: Factual AACSB Tag: Reflective 8) The classic triple constraint standard for project performance...

Words: 4907 - Pages: 20

Premium Essay

Information Systems

...Chapter 01 Management Information Systems: Business Driven MIS   True / False Questions   1. Companies today are successful when they combine the power of the information age with traditional business methods.  True    False   2. Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.  True    False   3. The information age is the present time, during which infinite quantities of facts are widely available to anyone who can use a computer.  True    False   4. Technology provides countless business opportunities, but can also lead to pitfalls and traps for a business.  True    False   5. Top managers use social intelligence to define the future of the business, analyzing markets, industries and economies to determine the strategic direction the company must follow to remain unprofitable.  True    False   6. A variable is a business intelligence characteristic that stands for a value that cannot change over time.  True    False 7. Companies update business strategies continuously as internal and external environments change.  True    False   8. For an organization to succeed, every department or functional area must work independently to be most effective.  True    False   9. Porter's Five Forces Model outlines the process for a sales strategy.  True    False ...

Words: 28627 - Pages: 115

Free Essay

Internship Report

...Contents Internship Reflective Log 1 Executive Summary 2 Introduction 2 Reflections at work place 6 Conclusion 7 Bibliogrpahy 8 Executive Summary This review is mainly involved with the ideal promotion for Leading wholesalers, the retail sequence business. In this review I have mentioned that on what reasons the Leading wholesalers has separated its industry into different sections, how they existing the item in the brain of the customers. I have interviewed the industry and recognize the aspects which are impacting the outcome of the Organization. And after this procedure we choose the suppliers as customers of leading wholesalers. Introduction The Reflective Log helps in evaluating the learning experience that took place during the internship period. It presents critical insights on the entire learning experience and presents clear reflection. It helps in analyzing how far the individual has achieved, progressed, developed new skill, or the internship experience has change the learning style and enhanced skills for future growth and professional development. It is strictly about skill evaluation and critical study of skill improvement achieved through work experience (Bridges, 1999). In this assignment the reflective log is specifically included to help in systematic thinking and gap identification which is essential for career growth by improving positive thinking. In this analysis Gibbs Reflective Cycle may be referred...

Words: 2261 - Pages: 10

Premium Essay

Test Bank

...Project Management: Achieving Competitive Advantage, 3e (Pinto) Chapter 1 Introduction: Why Project Management? 1.1 True/False Questions 1) Projects, rather than repetitive tasks, are now the basis for most value-added in business. Answer: TRUE Diff: 1 Section: 1.0 Introduction Skill: Factual AACSB Tag: Reflective 2) Projects are typically ongoing, day-to-day activities that have goods and services as outputs. Answer: FALSE Diff: 2 Section: 1.1 What Is a Project? Skill: Definition AACSB Tag: Reflective 3) A typical project stays within functional and organizational boundaries. Answer: FALSE Diff: 2 Section: 1.1 What Is a Project? Skill: Definition AACSB Tag: Reflective 4) The special nature of projects relieves project managers from their routine of planning, organizing, motivating, directing, and controlling. Answer: FALSE Diff: 2 Section: 1.1 What Is a Project? Skill: Factual AACSB Tag: Reflective 5) A project exists outside of the standard line organization. Answer: TRUE Diff: 2 Section: 1.1 What Is a Project? Skill: Factual AACSB Tag: Reflective 6) Product life cycles are longer now than twenty years ago. Answer: FALSE Diff: 2 Section: 1.2 Why Are Projects Important? Skill: Factual AACSB Tag: Reflective 7) The emergence of global markets has made project management skills more critical. Answer: TRUE Diff: 1 Section: 1.2 Why Are Projects Important? Skill: Factual AACSB Tag: Reflective ...

Words: 5855 - Pages: 24

Premium Essay

Coaching and Mentoring

...Foundation Design: Coaching and Mentoring Introduction Organisations are increasingly evolving quicker due to globalisation and advances in industries and technology. These events have made market environments progressively more competitive and have changed the economic climate in which organisations operate. Unfortunately some organisations have had to implement restructures and reductions in workforce to ensure survival. Foundation Design are one of these organisations whose company size has gone from 1,513 employees to 780 employees. During the restructure of the organisation the Chief Executive Officer (CEO) identified that changes were required to its leadership profile and coaching and mentoring programmes. These changes were made to embed new skills and behaviours and support cultural change within the organisation. Why Coaching and Mentoring? Foundation Design are making steps to move towards a learning organisation, one that recognises the benefits in developing its employees, as individuals and teams. Learning is also seen as a step in the facilitation of behavioural change. The ‘Learning organisation’ was developed by Peter Senge (1990) and supported the need for learning and development of workforces, coaching is one way of making these developments. Coaching can support learning which is taking place through Leadership training and can assist in bridging the knowing-doing gap, by encouraging action to be taken. Coaching is ‘the facilitation of...

Words: 3515 - Pages: 15

Premium Essay

Qmb11E Appendix a

...Chapter 01 The Challenging World of International Business   True / False Questions   1. | All managers need to have a basic knowledge of international business.    True    False |   2. | As the term is used in the text, foreign business is business whose activities are carried out across national borders.    True    False |   3. | An international company is an organization with multicountry affiliates, each of which formulates its own business strategy based on perceived market differences.    True    False |   4. | A business whose activities are carried out across national borders is known as an international business.    True    False |   5. | Foreign business refers to the operations of a company outside its home or domestic market.    True    False |   6. | A company headquartered in another country is known as a foreign business.    True    False |   7. | The term international business is used to describe an organization with multicountry affiliates, each of which formulates its own business strategy based on perceived market differences.    True    False |   8. | A multidomestic company is an organization that attempts to standardize and integrate operations worldwide in all functional areas.    True    False |   9. | The term international company refers to both global and multidomestic companies.    True    False |   10. | A global company is an organization that attempts to standardize and integrate operations...

Words: 11079 - Pages: 45

Premium Essay

Hilton Ppt Chapter 1 Answer Key

...The Changing Role of Managerial Accounting in a Dynamic Business Environment Answer Key   True / False Questions   1. Controlling involves the coordination of daily business functions within an organization.  FALSE   AACSB: Reflective Thinking AICPA BB: Industry AICPA FN: Decision Making Bloom's: RC Difficulty: Easy Learning Objective: 01-02 Explain four fundamental management processes that help organizations attain their goals.   2. Measuring the performance of managers and subunits is not an objective of managerial accounting.  FALSE   AACSB: Analytic AICPA BB: Critical Thinking AICPA FN: Research Bloom's: RC Difficulty: Easy Learning Objective: 01-03 List and describe five objectives of managerial accounting activity.   3. Middle-level managers would likely be considered internal users of accounting information rather than external users.  TRUE   AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Reporting Bloom's: RC Difficulty: Easy Learning Objective: 01-04 Explain the major differences between managerial and financial accounting.   4. A controller is normally involved with preparing financial statements.  TRUE   AACSB: Analytic AICPA BB: Resource Management AICPA FN: Reporting Bloom's: RC Difficulty: Medium Learning Objective: 01-06 Describe the roles of an organization's chief financial officer (CFO) or controller Learning Objective: and internal auditor. Learning Objective: treasurer ...

Words: 6709 - Pages: 27

Premium Essay

Case 1

...production of goods and services if everything works perfectly is known as practical capacity.  True    False     Multiple Choice Questions   6. Which of the following statements about managerial accountants is false?  A. Managerial accountants more and more are considered "business partners." B. Managerial accountants often are part of cross-functional teams. C. An increasing number of organizations are segregating managerial accountants in separate managerial-accounting departments. D. In a number of companies, managerial accountants make significant business decisions and resolve operating problems. E. The role of managerial accountants has changed considerably over the past decade.   7. The day-to-day work of management teams will typically comprise all of the following activities except:  A. decision making. B. planning. C. cost minimizing. D. directing operational activities. E. controlling.   8. Which of the following functions is best described as choosing among available alternatives?  A. Decision making. B. Planning. C. Directing operational activities. D. Controlling. E. Budgeting.   9. Which of the following managerial functions involves a detailed financial and operational...

Words: 10329 - Pages: 42

Premium Essay

Intermediate Financial Accounting Chapter 1 Solution

...Questions 1–1 1–2 1–3 1–4 1–5 1–6 1–7 1–8 1–9 1–10 1–11 1–12 1–13 1–14 1–15 1–16 1–17 1–18 1–19 1–20 1–21 1–22 1–23 1–24 1–25 1–26 1–27 1–28 1–29 AACSB Tags Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking 1–30 1–31 1–32 Reflective thinking Reflective thinking Reflective thinking Brief Exercises 1–1 1–2 1–3 1–4 1–5 1–6 AACSB Tags Analytic Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Exercises 1–1 1–2 1–3 1–4 1–5 1–6 1–7 1–8 1–9 1–10 1–11 1–12 1–13 1–14 1–15 AACSB Tags Analytic Analytic Communications Communications Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective thinking Reflective...

Words: 7572 - Pages: 31

Premium Essay

Acg4101

...public in the: A. Option A B. Option B C. Option C D. Option D AACSB: Reflective thinking Bloom's: Knowledge Learning Objective: 01-01 Describe the function and primary focus of financial accounting. Level of Learning: Easy 28. The primary focus for financial accounting information is to provide information useful for: A. Option A B. Option B C. Option C D. Option D AACSB: Reflective thinking Bloom's: Knowledge Learning Objective: 01-01 Describe the function and primary focus of financial accounting. Level of Learning: Easy 29. Which of the following is not true about net operating cash flow? A. It is the difference between cash receipts and cash disbursements from providing goods and services. B. It is a measure used in accrual accounting and is recognized as the best predictor of future operating cash flows. C. Over short periods of time, it may not be indicative of long-run cash-generating ability. D. It is easy to understand and all information required to measure it is factual. AACSB: Reflective thinking Bloom's: Knowledge Learning Objective: 01-01 Describe the function and primary focus of financial accounting. Level of Learning: Medium 30. Which of the following groups is not among financial intermediaries? A. Mutual fund managers B. Financial analysts C. CPAs D. Credit rating organizations AACSB: Reflective thinking Bloom's: Knowledge Learning Objective: 01-01 Describe the function and primary...

Words: 2702 - Pages: 11