...many people in today’s society – from kids who are still learning, to the young adults and older who are in the work force – either do not know the significance of human resource management to the business, or take it for granted. Many people assume that human resource management are only assigned the task of calming disputes or disagreements between employees, employers, and the labor union, if present. While this is true, it is important to know that human resource management does a lot more to ensure the health of a business. Human resource management is tasked with human Capital Development, and Cost Containment (Ku, handout); these are the two missions that human resources management must undertake to keep the people working with the company content, and as conflict-free as possible. What many take for granted is that the people in the company and the business are the most valuable assets, for without them, productivity is impossible, and thus, there no longer be businesses. The management of people has been around for quite a while. According to the Handout, family farms and trade were the first form of management; it was relationship where the master would watch over the apprentice, and the apprentice would imitate the master to succeed and rise in rank. (Ku, Handout) This early form of management was very laid back and more intimate as the workers had the time to make improvements, and the work was usually on a one-to-one basis. Skip through time about a century...
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...Abide by Your Code of Ethics | Skill Set: Economics | TOPIC OR UNIT OF STUDY | Business Ethics and Social Responsibility | CONTENT STANDARD(S) AND OBJECTIVE(S) | Students will * point out the areas in which businesses demonstrate social responsibility and ethics. * recognize consumerism. * determine current trends to improve the workplace for employees. * research how regulatory agencies protect consumers, workers, and the environment. | INTRODUCTION | Review with students how to prepare unbound reports. Have a class discussion of the 4 components of social responsibility and ethics. Discuss how business people use values to make decisions that are acquired through family, educational, social and religious institutions. Discuss business code of ethics and how it serves as a guideline to help managers and other employees in any organization make better decisionsStudents will conduct on-line research of 5 major corporate websites in order to write a code of ethics for a fictitious company they will create. The students will then describe how these ethical guidelines relate to any or all of the four (4) components of social responsibility. Students will look at 2-3 companies that have practiced unethical behavior. The students will make a multi-media presentation to the class describing any relationship between their company’s code of ethics and the four components of social responsibility. | ESSENTIAL QUESTION | What is ethical behavior and social responsibility...
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...PACE UNIVERSITY Law 101 - Business Law I CRN 70058 Fall 2015 Professor Frank G. Colella Wednesdays 9:00 AM – 12:00 PM Syllabus Text: Anderson’s Business Law and the Legal Environment Comprehensive Volume/22nd Edition/Twomey & Jennings Course Objectives 1. 2. 3. 4. 5. 6. To acquaint students with the basic laws governing contracts, torts, crimes, consumer protection, and administrative agencies. The nature and sources of law, the court system, alternate dispute resolution, and the U.S. Constitution will also be studied. To help students gain a sense of the broader legal environment of business. To help students gain a historical perspective on the development of law. To encourage students to think critically about the law and consider the ethical implications of business transactions. To help students view the law in the context of local, national, and global forums. To develop written and oral presentation skills in the study of law. Homework consists of written answers to the questions at the end of each assigned chapter. Unless otherwise stated, homework assignments are due on Tuesday of the week the chapter material has been assigned. Students must retain a copy of the submitted homework. Homework constitutes a minimum of 5% of the overall grade. Students will lose credit for the failure to timely submit homework (or the submission of incomplete or improperly prepared assignments). Each missed assignment will result in a deduction of 2%...
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...External factors affecting the organization...................................................................5 Macro-environmental level: Pestle analysis is applied ...............................................12 Major Changes taking place in the external environment.................................... 12 1.3.2. Industry Level: Porter five forces.........................................................................................13 2. Review of Tesco Existing Plans ................................................................................. 16 2.1. Tools to analyze the effect of current business plan............................................... 16 2.2. Position of Tesco in its current market ....................................................................... 17 2.3. Competitive Strengths and weaknesses of current business strategy ............. 19 3. Consideration of Strategic Options.......................................................................... 20 3.1.1. 3.1. Market Penetration ....................................................................................................................21 Modeling tools to develop strategic options for Tesco .......................................... 20 3.1.2. 3.1.3. 3.1.4....
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...relation to authorities.” While wasta is a normal practice in the Middle East, therefore John was simply taking measures that were not out of custom. 2. Were John’s actions immoral? Unethical? Illegal? In short I believe that John’s actions were unethical, immoral, but not illegal. * Unethical - First, I see his actions as unethical. John used a bribe, a payment of a desirable gift to influence the official’s purchase decision. Wasta may be culturally normal, but it is still a form of corruption, which John likely knew. * Immoral – I believe that John’s ethics were immoral due to my personal set of ethics. I am not aware of John’s personal convictions, but with lack of better knowledge I believe John acted immorally. * Legal - Also, John received a bribe, his potential bonus or the lack thereof, as a payment. John has an interesting position as a UK resident. He does proceed with action due to the financial push by his superiors, but since there is not international law governing bribery he is acting legally. 3. Whose countries laws should John follow? John is required to abide by laws in which he is a citizen and that of the country he is currently in. 4. What are the ramifications of sending the caviar or not? If John sends the caviar then the short-term ramifications are great. John will likely obtain the deal, generate a hefty market share in the Middle East, he will probably receive a large bonus for the year, Lee Anne and Hamish will also benefit...
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...(International Business), it is required that a journal is kept detailing notes and references to the course. This journal clarifies the relationship and connection to ongoing issues and case studies within today society on a global context, relating it back to class discussion and the topics covered within the first eight weeks of the semester. This journal contains a physical collection of articles with personal notes and comments, creating a view and response for each article or reference. The articles and points of discussion that have been used within this journal are situated around hot topics within the unit. They are all in reference to International Business Theory such as trade, international investment, financial markets, legal or political systems and international regulatory bodies and relationships. The main point behind this project is to show the connection between the greater global economy and the individual economies that operate within it. The world today is a place where barriers are constantly being broken down, trade and regional agreements are becoming a must, and where countries and organisations really have to think about the greater consequences of their own actions. During class discussion, as a group we have learnt how vital it is to know not only the international identification of a country but its characteristics when operating on an international basis. Such characteristics include countries relevance in the global economy, its political and legal system...
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...1. INTRODUCTION The Country Analysis Report constitutes a major part of the in-course assessments in the Global Business Environment module. It consists of one written report and one formal presentation, which account for a total of 30% of the total assessment. Students shall work in groups of 4 or 5 members. Each group will conduct an in-depth analysis of a country assigned by their respective tutors. The focus of this project is to engage in a feasibility study from a macro-environmental study perspective and highlight the various benefits and risks in two specific countries. The entire analysis requires organisation of data, critical data analysis, interpretation of data, drawing meaningful causal relationships among the variables/environmental forces and determining the level of attractiveness and competitiveness of the investment. 2. CASE STUDY Gourmet Ateliar (Hong Kong) Ltd., founded in 1955 is one of the region’s primary and premium food manufacturers and distributors. Its clients range from international chain hotels to Michelin star restaurants to fast food chains and caterers. The company carries only the best international brands of meat, poultry, seafood and dairy. Besides distributing international brands of gourmet fine foods, Gourmet Ateliar has its very own house brands of processed meat, frozen food and beverages. The company presently has 10 food processing plants in China and employs over 5...
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...divided into two divisions, or departments. What are they? What does each department do? In a typical corporation there are two divisions, Treasurer’s and Controllers offices that manage the finance function. The Treasurer’s Office is responsible for managing the firm’s cash and credit, its financial planning, and its capital expenditures. The Controller’s Office handles cost and financial accounting, tax payments, and management information systems. 3. What are the three forms of business generally encountered in the US? What are the main defining characteristics of each? The three forms of business generally encountered within the US are: Sole Proprietorship – One individual owns everything, Partnership – Two or more persons jointly own everything, and Corporation – Owners may be any number of people who all own shares (stock) of the business. 4. What is the basic financial goal of a business? The basic financial goal of a business is to maximize the wealth of the owners (stockholders in the case of corporations). 5. In the context of a corporation seeking to maximize the wealth of its owners, how is “wealth” defined? The wealth of a corporation's owners is measured by how much their stock is worth. 6. What are the three main factors affecting the market price of a corporation’s stock? The three main factors affecting market price of stock are: Expected EPS - profits per share, Timing of Cash Flows...
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...Audit & Enterprise Risk Services Consulting Financial Advisory Services Tax Deloitte Growth Enterprise Services Featured Services Industries 2014 Industry Outlook Aerospace & Defense Automotive Banking & Securities Consumer Products Federal Government Health Care Providers Health Plans Insurance Investment Management Life Sciences Media & Entertainment Oil & Gas Power & Utilities Process & Industrial Products Real Estate Retail & Distribution State Government Technology Telecom Travel, Hospitality & Leisure Insights Deloitte University Press Browse by Content Type Browse by Role Innovation Centers Email Subscriptions Careers About Press Events Alumni Clients Contact Global > United States > About > University Relations > Deloitte Foundation Global site selector Go Search Search Top searches Top searchesBookmark Email Print this page Increase font Alliances Catalyst for Innovation Community Involvement Corporate Responsibility Deloitte’s sponsorship of the U.S. Olympic Committee Inclusion Deloitte University Ethics & Independence Deloitte Life Growth Through Acquisition History Investor Confidence Leadership University Relations Deloitte Foundation Faculty Resources Faculty and Ph.D. Support Life, Inc. Student Events The Trueblood Case Studies DOWNLOAD For a complete index of Cases and Addendum summary please click the download button above. The Trueblood Series cases and solutions are available in Adobe...
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...out for profits, market share and hometown bragging rights. Ford was founded in the suburb of Dearborn, Michigan and Chevy was founded in Flint, Michigan. Ford and Chevy both are good-producing sectors, they both manufacture automobiles that are similar but different. They each have a mission statement, Ford’s mission statement “One Team, One Plan, One Goal.” Ford’s mission statement is defined to each part of the statement, One Team meaning people working together as a lean, global enterprise. One Plan meaning aggressively restructure to operate profitably at the current demand and changing model mix, developing new products our customers want and value, finance our plan and improve our balance sheet, and work together as one team. One Goal meaning an exciting viable Ford delivering profitable growth for all. Chevy’s mission statement is an unofficial statement “We win when the customer says we win.” Chevy has an unofficial mission statement but uses more of Five Principles to guide its business, Safety and Quality First, create long-life customers, innovate, deliver long-term investment value and make a positive difference. Both Ford and Chevy are oligopoly competition, being that both companies supplies a large portion of the automotive industry. Being in the oligopolistic market these two companies compete with each other on styles of cars and trucks based on factors like price, mileage, and safety factors. Consumers research these factors to find the best fit for them...
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...5 USING INFORMATION SYSTEMS FOR COMPETITIVE ADVANTAGE Competencies: 325.3.4: Problem Solving The graduate applies the problem solving process to solve organizational and team problems, and develops strategies to avoid decisionmaking pitfalls. 326.3.1: Decision Analysis The graduate analyzes risks and values and uses a variety of decision analysis tools and decision theory to evaluate alternatives during decisionmaking processes. 326.4.1: Enterprise Continuity The graduate analyzes enterprise continuity plans and the continuity planning process to ensure the inclusion of essential elements, processes, and stakeholder roles. 326.4.2: Continuity and the Global Marketplace The graduate applies international standards to company operations and assesses and recommends strategies for maintaining organizational stability and continuity in the global marketplace. 326.4.3: Contingency Planning The graduate develops and analyzes organizational contingency plans for responding to sudden and rapid environmental changes. 326.4.4 Risk Evaluation and Mitigation The graduate evaluates internal and external risks and recommends risk mitigation strategies and techniques to an organization. 326.4.5: Organizational Risk Management Programs The graduate develops and assesses enterprise risk management programs for organizations and incorporates industry best practices in risk management processes and programs. 326.4.6: Risk Optimization The graduate uses risk control and risk optimization analytics and ...
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...Confidentiality of information and personal data protection 4.12 Protection of intellectual and industrial property 4.13 Record of operations 4.14 Social and environmental commitment 5. Code Compliance and Committee of Ethics 6. Publicity of the Code 3 4 5 7 7 7 8 8 9 10 11 11 13 13 14 15 16 16 17 18 Schedule I: Global codes and commitments willingly undertaken by Inditex 19 Schedule II: Definitions 21 2 1. Definition and goals of the Code of Conduct and Responsible Practices Inditex’ s “Code of Conduct and Responsible Practices” (hereinafter, the “Code”) is the updated and consolidated version in a single document of two codes: the “Internal Code of Conduct” and the “Internal Guidelines for Responsible Practices”, which were approved by the Board of Directors of Inditex, S.A. in 2001 and 2006, respectively. The Code provides the action lines which must be followed by the Inditex Group (hereinafter, “Inditex” or the “Company”) and its employees in the performance of their professional duties. The goal of this Code consists of exacting an ethical and responsible professional conduct from Inditex and its entire workforce in the conduct of their business anywhere in the...
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...INTERNATIONAL USA WOULD LIKE TO RECOGNIZE THE FOLLOWING CONTRIBUTORS OF THIS CURRICULUM GUIDE. WITHOUT THEIR DEDICATION, HARD WORK AND PERSONAL COMMITMENT TO THE ISSUES THAT EMANATE FROM THE FILM, THIS GUIDE WOULD NOT HAVE BEEN POSSIBLE. WRITERS CLARE GARVIE SHEETAL KHEMCHANDANI HEATHER SHPIRO EDITORS CLARE GARVIE SHEETAL KHEMCHANDANI MELISSA ROBINSON CONTRIBUTORS KIM ALLEN MARY ARCHER ADDIE BOSTON REBECCA CATRON SAMANTHA LEE SONAM DOLKER EMILY LESSER KAREN ROBINSON MELISSA ROBINSON 2 ACKNOWLEDGEMENTS TABLE OF CONTENTS INTRODUCTION FROM THE FILMMAKER | 4 FROM THE EDITORS | 5 MOVIE DISCUSSION GUIDE | 7 LESSON 1 PERSONAL AND COLLECTIVE RESPONSIBILITY | 9 APPENDIX 1 – Handouts | 18 THE TRANSORMATIVE POWER OF ART | 23 APPENDIX 2 – Handouts | 32 DISCRIMINATION AND THE RIGHT TO EDUCATION | 49 APPENDIX 3 – Handouts | 54 FILM CLIPS | 61 GLOSSARY OF TERMS | 63 OPTIONAL TEACHER RESOURCE 1 – Red Light Districts around the World | 65 OPTIONAL TEACHER RESOURCE 2 – Q&A about the Calcutta Red Light District | 68 OPTIONAL TEACHER RESOURCE 3 – Fact Sheet on Internally Displaced Peoples and Refugees | 70 OPTIONAL TEACHER RESOURCE 4 – Timeline of Conflict in Bosnia/Herzegovina | 72 LESSON 2 LESSON 3 ADDITIONAL RESOURCES RESOURCE STRENGTHENING FEEDBACK FORM | 74 3 TABLE OF CONTENTS FROM THE FILMMAKER ZANA BRISKI When I first went to the brothels of Calcutta I had no idea what I was doing. Circumstances had led me there and I had a deep visceral reaction to the place. It was as if I recognized...
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...the Firm Competitive Environment Direct Market Environment Cultural and Social Environment Economic Environment Political and Legal Environment External Market Environment Technological Environment The Marketing Environment: Internal • It is about the company Company mission, structure and culture, financial situation, technology, production, quality control programs, R&D (research and development), relationship with suppliers/agents/customers. • Objectives should set the course – Should be socially and economically useful – Should organize to innovate, implement strategies – Should sustain profitability – Helps to have a mission statement • • It is about strength and weaknesses It is usually controllable. Hierarchy of Objectives Company Objectives Production Objectives Finance Objectives Product Objectives Marketing Objectives Place Objectives Personal Selling Objectives HR Objectives Promotion Objectives Mass Selling Objectives R&D Objectives Price Objectives Sales Promotion Objectives MGMT 120 Lecture Notes ©Professor Freddy Lee Resources vs Opportunities Limitation of resources ??? ?? ??? ?? Financial Strength Producing Capability and Flexibility Marketing Strengths The Marketing Environment: External • • • • It is about the macro-environment – Competition; – Macro-economy; – Technology; – Political and legal; – Social and cultural. It is about opportunities and threats It affects the company, as well as its suppliers and customers; It...
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...and Opportunities 5. Internationalization of SMEs – Best approach 6. Conclusion 7. References Introduction In Europe companies with less than 10 employees are considered to be micro-firms, those with less than 50 employees are small-firms and those with less than 250 employees are considered as medium-firms. In the US however the size of small firms sums up to 100 employees and medium sized firms may have less than 500 employees. SMEs are key actors in the world economy because they are an important part of GDP and play a big role for employment. Since today’s world becomes more and more globalized it is important that firms can compete on an international level. Big enterprises often choose to internationalize their business but for them this process mostly isn’t as risky as for SMEs, because while big firms may lose parts of their firm budget if something goes wrong, SMEs have to fight for their existence and may disappear at all if they choose a wrong approach of internationalizing. Usually small start-up companies do not survive longer than the first 5 years therefore it is very important for SMEs to take the right steps in order to become successful. Motivations for Internationalization of SMEs There are different types of motivations for going international. These are proactive and reactive motivations. Proactive motivation is usually why you want to go international while reactive motivation is what pushes you to become international: |Proactive...
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