...MG420 DLF Labor Relations Research Assignment Professor Stephen Fant 1. Define and discuss the term “collective bargaining.” Include and discuss [showing relevance or applicability] a current web-based news item/magazine article about a real life example of a collective bargaining action. Write a succinct and complete summary on the contents of the article you've provided along with your critical comments about that article. Support your findings with referenced research. (5 points) A. Collective bargaining is how an employer and its employees, either individually or through a union, reach an agreement on the terms and conditions of employment. These terms and conditions are based on such items as compensation, personnel policies, employee rights, employer rights, union rights, and dispute resolution. Compensation can include such issues as wages, benefits, and vacation packages. Personnel policies can include layoff policies, promotion policies, and transfer policies. Employee rights can include seniority rights, job standards, and workplace rules. Employer rights can include such issues as management rights, just cause discharge, and safety standards. Union rights can include recognition as sole bargaining agent, use of a bulletin board in the workplace, and shop stewards. Dispute resolution can include grievance procedures, committees, and renegotiation procedures (Budd 13). There are three categories of bargaining items: mandatory, permissive, and illegal...
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...A Short Summary of ‘Blue Ocean Strategy’ By: W. Chan Kim and Renée Mauborgne Red Oceans are all the industries in existence today—the known market space. In the red oceans, industry boundaries are defined and accepted, and the competitive rules of the game are known. Here companies try to outperform their rivals to grab a greater share of product or service demand. As the market space gets crowded, prospects for profits and growth are reduced. Products become commodities or niche, and cutthroat competition turns the ocean bloody. Hence, the term red oceans. Blue oceans, in contrast, denote all the industries not in existence today—the unknown market space, untainted by competition. In blue oceans, demand is created rather than fought over. There is ample opportunity for growth that is both profitable and rapid. In blue oceans, competition is irrelevant because the rules of the game are waiting to be set. Blue ocean is an analogy to describe the wider, deeper potential of market space that is not yet explored. The corner-stone of Blue Ocean Strategy is 'Value Innovation'. A blue ocean is created when a company achieves value innovation that creates value simultaneously for both the buyer and the company. The innovation (in product, service, or delivery) must raise and create value for the market, while simultaneously reducing or eliminating features or services that are less valued by the current or future market. The authors criticize Michael Porter's idea that successful...
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...Republic of the Philippines NAVAL STATE UNIVERSITY COLLEGE OF ARTS & SCIENCES BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION Naval, Biliran Prepared by: TERRY JEAN B. DOCALLOS Course, Year & Sec.: BSBA III-A Instructor: RICARDO P. MEJIA, MPM TABLE OF CONTENTS I. Chapter 2: Corporate, Business and Mktg. Strat. 1 * Summary 2 * Reaction 4 * Recommendation 5 * Conclusion 6 II. Chapter 3: Marketing and Competitive Space 7 * Summary 8 * Reaction 10 * Recommendation 11 * Conclusion 12 III. Chapter 9: Strategic Brand Management 13 * Summary 14 * Reaction 16 * Recommendation 17 * Conclusion 18 IV. References 19 1 2 SUMMARY Business and marketing strategies are being altered and renewed in a wide range of companies by executives in their efforts to survive and prosper in an increasingly complex and demanding business environment. Choosing high performance strategies in this environment of constant change requires vision, sound strategic logic and commitment. Market-driven organizations develop closely coordinated business and marketing strategies. Executives in many companies are reinventing their business models with the objective of improving their competitive advantage. These changes include altering the market focus, expanding product scope, partnering with other organizations, outsourcing...
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...------------------------------------------------- business enviroment ORGANIZATIONAL AND PURPOSE OF BUSINESSES TASK 1 CONTRAST OF TWO MARKETS FOR DIXONS CARPHONE COMPANY TASK 2 December 7, 2014 December 7, 2014 Contents Executive summary 2 Carphone Warehouse 3 Mission 3 Vision 3 Purpose 3 Stakeholders 4 Dixons Carphone plc (Currency GBp) 4 Director Shareholdings 5 Hill Farm Furniture 6 Purpose 6 Mission/Vision 6 Stakeholders 6 CONTRAST OF TWO MARKETS FOR DIXONS CARPHONE PLC 7 Free Market X Command System 7 Competition Policy 7 Conclusion 9 Bibliography 10 Executive summary As the world changing quickly in term of political, economic, social, technological, environment and legal (PESTEL), its happen due many influences either internal or external of the business, if the company do not stay update it can fail, that is important the study of Business Environment. Each country has its own way to control the economy; there are four types of economy such as: command, free market, mixed and transitional. A command economy is “a socialist economic system in which production and distribution of goods and services are controlled by the government and industry is mostly owned”. (Dictionary.com, 2014) A free market economy is “an economy in which the allocation for resources is determined only by their supply and the demand for them. This is mainly a theoretical concept as every country, even capitalist ones, places some restrictions...
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...Analysis Analysis, communication Analysis Analysis Analysis Analysis Analysis Communication, analysis Exercises 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 5.10 5.11 5.12 5.13 5.14 5.15 Topic Accounting terminology Financial statement preparation Financial statement preparation Closing and after-closing trial balance Closing and after-closing trial balance Real World: Circuit City Adequate Disclosure Closing entries of profitable firms Closing entries of unprofitable firms Adjusting versus closing entries Profitability and liquidity measures Profitability and liquidity measures Interim results Interim results Effects of accounting errors Real World: Home Depot, Inc. Using an annual report *Supplemental Topic, " The Worksheet." © The McGraw-Hill Companies, Inc., 2010 Overview Problems Sets A, B 5.1 A,B 5.2 A,B 5.3 A,B 5.4 A,B 5.5 A,B 5.6 A,B *5.7 A,B 5.8 A,B Topic Correcting classification errors Statement...
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...Alternative Dispute Resolution Law / 531 August 17, 2015 Jonathan Jamieson Quality Court Condominium Association versus Quality Hill Development Corporation is a dispute over damages associated with neglect in the construction of condominiums. The legal form of business of Quality Hill Development is a limited liability corporation. Quality Court Condominium Association is a group of condominium owners that came together to file suit against the construction company that caused all these damages. Another example of an Alternative Dispute Resolution case is Walls vs. Brewster. It was an example in February 1993 referred to arbitration because the case was ordered to a court annexed arbitration. This case is not a normal alternative dispute resolution. Alternate Dispute Resolution is normally a lot quicker than a full court litigation but this one was anything but that. It took a long time to complete because of there were two time extensions added to accommodate the defendant's inability to be present. Elective ADR is that which facilitates a discussion, which usually turns into a negotiation, but which does not produce a finding or judgment which can be imposed on either party. By elective ADR the parties will provide themselves with a forum in which to air their differences, but whether or not to settle them remains within their control (Griffiths 2010). Alternative Dispute Resolution is a more efficient system used to offer solutions to a dispute instead...
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...Nike Global Business and Challenges Once a company, like Nike, decides to become a global entity, it will often experience an increase in profitability. Unfortunately, companies like Nike must overcome some difficult obstacles before establishing a successful business in a foreign country. Some of the issues of concern are child labor laws, wages, and outsourcing’s effect on sales. Because of this, most widely known companies have presented various cases to defend their positions on conducting business in the foreign country. One such example is a Nike sweatshop labor case that stirred up a large amount of controversy over ethical business practices. Even though Nike has attempted to recover from the bad press it received about the sweatshops, it still struggles to defeat the negative feelings from people across the United States. Thus, a summary of the case, the legal, cultural and ethical challenges, an understanding of the roles the host governments play, and the strategic and operational challenges faced are important to gain a thorough understanding of the issues and case. Most people could easily define Nike and are familiar with the products offered, like the customized options available in the Nike store online, Nike Sportswear, Nike Women, Nike Basketball, and Nike Football. These products, among others, have led Nike to a profit of $15 billion in 2006 and a catchy “Just Do It!” slogan (Hill, 2009). The company outsourced its manufacturing plants to several...
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...Executive Summary ISCOM/471 December 9, 2013 Jose Aguaylo Executive Summary Introduction Capacity Management. This is a strategically important aspect of operations management for any organization, particularly those engaged in the fabrication and distribution of a product such as Starbucks. Capacity management refers to the design and control of an organization’s processes such that it can meet demand in a timely manner. Capacity management includes proper sizing and allocation of resources including workers, raw materials, inventory, equipment, space, and technology. Inefficient capacity management can have substantial impact on a business, either because it will not be able to meet demand, or because there would be too much idle inventory, raw materials and other resources. Effective capacity management requires good demand forecasting for proper planning on the aggregate (Chase, Jacobs, & Aquilano, 2006). In the case of the new Starbucks yogurt and ice cream products, the company needs good forecasting on daily, weekly and seasonal demand for these products. Each store needs to be supplied with the required equipment and receive sufficient raw materials to meet daily demand. Just-In-Time. Just-in-time (JIT) is a production model to meet demand without incurring in unnecessary surplus or inventory build-up. The purpose of JIT is to reduce the expense associated with excess inventories and overproduction. JIT requires a predictable forecast of product...
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...Centre of Macquarie English Business, Accounting and Economics Course Business Report on Cochlear By Peishu Liang (Athena), 22859 Class: BAE5 January 18th, 2012 Peishu Liang (Athena) 22859 TABLE OF CONTENTS EXECUTIVE SUMMARY INTRODUCTION ETHICAL ANALYSIS OF COCHLEAR FINANCIAL STUDY OF COCHLEAR CONCLUSION AND RECOMMENDATIONS REFERENCES 3 4 5 6 8 9 2/10 Peishu Liang (Athena) 22859 Executive summary This report aimed at providing recommendations and suggestions through analysing and evaluating the company for a client who wants to do ethical investing in Cochlear. Background of Cochlear, critical evaluation of ethics and examination of financial performance will be provided. The information used for ethical analysis is based on secondary portfolio. In financial aspect, the ratio of return on invested capital is used for evaluating profitability. The report finds that Cochlear is operating ethically because it takes social responsibility such as setting the Graeme Clark Scholarship for helping a number of recipients to finish their further education. Moreover, through analysing return on invested capital, it can be found that profitability of Cochlear shows an upward tendency. Based on these two results, this report recommends that Cochlear is a good choice to invest in. 3/10 Peishu Liang (Athena) 22859 Introduction This is a report which provides advices and suggestions for a client to help him or her to make an ethical investing...
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...company IV. Annotated Bibliography V. Company Assumptions Introduction As quoted by the CIO journal December 2003 issue, “By the numbers available, the software quality stinks.” The Standish Group reported in 1999 that 74% of all projects were not successful.6 According to a survey by Standish Group in 2002, only 34 % of the software development is successful. Around 38 billion US dollars are lost every annum due to software failure [2] and one of the major reasons for this high failure rate is poor software quality. Typical software projects are often late, over budget, of poor quality, and difficult to track. Engineers often have unrealistic schedules dictated to them and are kept in the dark as to the business objectives and customer needs. They are required to use imposed processes, tools, and standards, and often take shortcuts to meet schedule pressures. Very few teams can consistently be successful in this environment. As software systems get larger and more complex, these problems only get worse. The best projects are an artful balance of conflicting forces. To balance these conflicting forces, teams must understand the complete context for their projects. The field of Software Engineering has studied many techniques that build software engineering skills to create better quality software. However, there has been little attention paid to the impacts of individual discipline in software development. This...
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...Locker−Kienzler: Business and Administrative Communication, Eighth Edition III. Basic Business Messages 10. Informative and Positive Messages © The McGraw−Hill Companies, 2008 C H A P T E R 10 Informative and Positive Messages Learning Objectives After studying this chapter, you will know: 1 When to use common business media. 2 How to use the chosen channel effectively. 3 How to write letters and memos. 4 How to compose some of the common varieties of informative and positive messages. Locker−Kienzler: Business and Administrative Communication, Eighth Edition III. Basic Business Messages 10. Informative and Positive Messages © The McGraw−Hill Companies, 2008 IN THE NEWS All in a Day’s (Communication) Work im Donald, CEO and president of Starbucks, He is also known for visiting his stores, where he knows the value of informative and positive dons the green apron, goes behind the counter, and talks messages. His days are full of them. On the with employees. When he is in Seattle, he visits about day of his Fortune magazine interview, around 20 Starbucks a week; when he is traveling, about 10 a day. 6 AM he left a voice mail for Although you probably don’t 100 regional managers, wrote want his e-mail load, you might personal thank-you notes to “He gets 200–250 emails daily and appreciate his meeting time lim25 employees, and signed 500 responds personally to 75% of them.” its. He books meetings for an birthday cards. He will sign hour...
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...Demographics are the statistical component of marketing used to identify population segments by specific characteristics. Business owners often first gather demographic information to include in the business plans used to raise start-up funds and guide the launching of the business. Demographic information includes geographic area, age, income, race, gender and education level. It also includes shopping habits, marital status, number of children and other information about consumer characteristics. The independent variables for this report will be population, average income per household, age of population, and the price of pizza. A key determinant of demand is the population of the area in question and as we will see in this report, growth will play a positive factor. Areas with higher income are willing to pay extra for a convenience of pizza delivery and typically hold more parties where pizza delivery is used as opposed to friends bringing food. The dependent variable is the number of pizzas sold in the area. Using a regression model we will input the dependent variable; value of pizzas sold, along with the independent variables; population, median household income and price. We then will look then look at the summary output from the regression to make some decision about bringing a pizza store to our city. the calculation of the regression analysis of the Domino’s pizza company, which is a procedure commonly used by economists to estimate consumer demand with...
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...Entrepreneur In chapter five just by seeing the first two words you can relate what’s going to happen . While at the market Mrs. Hilter and Rami’s father start selling pastry’s , while Rami and Donna find a proper sucker to buy their goats . Though it takes a while in the end they do find person who bought there goats . Phenomenal This book shows you an aptitude of multiple genres like adventure ,drama ,romance , and suspense . It’s one of the few book’s that really capture the art of the early first century . It really inspires children like josh from a cow boy called boy can do something about situations bigger than them . Daredevil The Reason why I choose this first word is , that Rami’s father was a risk taker. Merton’s farm was on the verge of no crops . So in order to save his farm and his family , he borrowed money from an extremely wealthy business man . Unfortunately his garden had not get enough money as he had hoped and he didn’t have enough to pay off his loan. Downsides After being divorced and having almost nowhere to go he decide to live in his log cabin on robin hill . Robin hill is wide open field with barley any residents and any furniture , they had to settle there . Another downside is when school starts Rami will have a harder time getting their than before , finally Rami and his father are getting disrespected everywhere they go . Upsides Though they may have thought there were no other residents in Robin hill , surprisingly there were a...
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...Nike - Social and Ethical Issues http://www.writework.com/essay/nike-social-and-ethical-issues Nike has become one of those global companies targeted by a broad range of campaigning pressure groups and journalists as a symbolic representation of the business in society. In Nikes case, the issues are those of human rights and conditions for workers in factories in developing countries. In the face of constant accusations, Nike has developed a considered response but the criticism of Nike still continues. Nike produces footwear, clothing, equipment and accessory products for the sports and athletic market. It is the largest seller of such garments in the world. It sells to approximately 19,000 retail accounts in the US, and then in approximately 140 countries around the world. Just about all of its products are manufactured by independent contractors with footwear products in particular being manufactured in developing countries. The company manufactures in China, Taiwan, Korea, and Mexico as well as in the US and in Italy. The Global Alliance report on the factories in Indonesia gave the following workforce profile: 58% of them are young adults between 20 and 24 years old, and 83% are women. Few have work-related skills when they arrive at the factory. Nike has around 700 contract factories, within which around 20% of the workers are creating Nike products. Conditions for these workers have been a source of heated debate, with allegations made by campaigns of poor conditions...
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...is used to identify the strengths, weaknesses, opportunities, and threats of a business. Hill (n.d.) " SWOT analysis is a process where the management team identifies the internal and external factors that will affect the company’s future performance" (para. 1). A SWOT analysis is typically used at the beginning stages of the business, after a business plan has been completed, to determine any potential risks or assets. However, an analysis can be completed anytime a change is made internally or externally that can impact the business and is recommended for review of your business every 6 months (Shouldis, 2012).. The Java Culture coffee has completed their business plan for a new coffee shop in a prime location near University of Oregon. They are looking to provide a comfortable and relaxing shop for customers to enjoy coffee with friends while providing excellent customer service. The owners have secured their financing, determined their budget for employees and the day to day needs of the business, lease, and forecasted sales based off the market for the first year. Now the owners will need to complete a SWOT analysis to determine any unseen risks or assets to their business that might be impacting to their success. A SWOT analysis will start with the strengths in the business. In reviewing the business plan for the Java Culture coffee shop they have many strengths in this new business venture. The first being the prime location they have selected near the University...
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