... history timeline of the FedEx Corporation with the main highlights that are important for my discussion. Then in the part Business level strategy I will try to explain how the company related their business with its environment. From its very beginning in 1973, FedEx had transformed itself from the express delivery company to a global logistics and supply- chain company and invested a lot of money into the IT systems1, which in my opinion implies outside- in perspective. Corporate level strategy part deals with the diversification of the FedEx in order to become more than just a express delivery company. Taking into account the international context of the company I will discuss the global convergence perspective and how FedEx positioned itself there. The international context part will discuss how FedEx expanded globally and how FedEx positioned itself under the Global convergence perspective. History of the FedEx Corporation2 Federal Express Corporation was founded in 1971. They are specialized in overnight delivery of the high priority packages, documents and heavy freight. 1971 ● Federal Express Corporation is founded in Little Rock,Ark. 1973 ● Federal Express relocates operations to Memphis,Tenn. ● On the...
Words: 2493 - Pages: 10
...Strategy-Enviroment Fit The Coca-Cola Co. The biggest multinational beverage company Coca-Cola was born in 1892 by Asa Griggs Candler in Georgia. Today The Coca-Cola company is selling more than 400 brands in 200 countries and 94% of the world population knows or heard about the Coca-Cola company by their product Coca-Cola, Coke, Cola or Coca etc., possibly it is the most recognized carbonated beverage company in the world (Sivny 2007). According to Journal of American Business review, what makes the Coca-Cola Company successful in the global food industry is their strong global strategy that based on four powerful strategic foundations: labor and management strategy, collaborative, marketing and differentiation strategy (2013). When companies start to operate internationally they have to decide how to staff their facilities by choosing from three frameworks that covers international employment: ethnocentric, polycentric and geocentric staffing approaches. One of the key to success of the Coca-Cola Company is implementing the geocentric approach to their staffing strategy, which is choosing the best mixture of home, host-country and third party managers to manage the operation. According to Statista, statistic shows that the number of employees of the Coca-Cola company worldwide is 130.6 thousand in 2013 (2013). One of the Coca-Cola’s mission towards their employees is to create a better working place, and inspire their employees with the best working environment...
Words: 1063 - Pages: 5
...Functionalism, strain and Subcultural theories Durkheim’s functionalist theory Functionalism – society based on value consensus. Members of society sharing common culture. In order to achieve this, two things needed: - Socialisation – helps ensure individuals share the same norms and values. Shows the way to act. - Social control – rewards for conformity and punishment for deviance. Controls behaviour. Inevitability of crime – functionalists see crime as inevitable and universal. Every society has crime. Two reasons why crime and deviance are in all societies: - No everyone is equally socialized into norms and values. Some are likely to be deviant. - Diversity of lifestyle and values. Different groups have their own subcultures with distinctive norms and values. Some may see deviant acts as normal. > Durkheim says in modern societies there is tendency towards anomie. The rules for behaviour become weaker and less clear-cut. This is because modern societies have a complex division of labour meaning individuals become more different from each other. Crime is more likely. Positive functions of crime – it also performs two positive functions Boundary maintenance - produces a reaction from society, uniting members in disapproval of criminals and reinforcing their commitment to shared norms and values. Adaptation and change – all change starts with an act of deviance. There must be scope to challenge existing norms and values and this will seem deviant in the...
Words: 7771 - Pages: 32
...the Workplace 8 2.0 Leadership Styles 9 2.1 Organisational Theory and Management 11 1.0-Choosing a different Organizational Structure and Culture When considering changing an organizational structure and culture of a company it is best to first to consider the external environment that the business operates in. Insurance Group PLC (IGP) operates in the insurance market, so therefore it is needed to consider structures and cultures that will allow the business to be flexible to its climate. The insurance market is susceptible to change, for example in the last past 3 years we have seen changes in the law banning female drivers from being offered lower insurance premiums (King, 2012). Also changes to the Consumer Insurance Act which has made it harder for insurance companies to reject insurance claims on the grounds of non-disclosure of relevant...
Words: 3947 - Pages: 16
...deal to offer the careful observer. By looking at the history of the Occupy Movement and its emergence out of a chaotic and complex enviroment, it exposes the unethnical practices for business and decision making.It starts to grab ones attention when they learn so much from a complexity science that can be applied to this movement. With unethnical stock broking and the federal reserve managing to tilt state policy, capitalism has failed to serve the whole of society. It exposed our corrupt corporations and influenced the 99 percent to start with change within. This is the flame that burned everyone up and out to attend the Occupy Wallstreet movement. 1 OCCUPY WALL STREET Damon Mathis 10-25-2012 Professor Lia , Business Ethnics , Strayer University. OCCUPY WALLSTREET 3 Massive demonstrations have a place in society: many people get more attention than a few. And if you want to make a point make a splash. The more people the more splash. But they’re ethically troublesome. Which brings me to my next point. Kantian ethnics I feel- was used in this type of ethnical behavior. I feel like the people involved based there judgement on this type of ethnicity. Motive was the most important fact to tell whats ethnical- performed out a sense of duty. Utilitarian ethnics means to maximize effects for the greatest good of the people. Demonstarting only brings awareness to the ethnical situation happing on wallstreet and therfore has no role in the demonstrations...
Words: 2085 - Pages: 9
...In the recent years, the public and business community have been surprised with the exposure of many corporate scandals and accounting fraud by the managers of the company. It disappoints many stakeholders as after the financial crisis in 1997, many efforts have been initiated and implemented to strengthen the business control and foundation of the company. One of the important lessons learned from the financial crisis in 1997 is the weaknesses in the governance of the company such as too much power is given to a single person in managing the company, weak internal control and poor work of the directors that leads to the failure of the company. Due to this, a total regulatory and governance were embarked all over the world. Just to name a few, in the US, the Sarbanese Oxley Act was established, while in the UK the Code of Corporate Governance was extensively revised to stop all these corporate diseases from spreading and becoming a cancer for the global business community. However, all this effort has seemed fruitless as after the heavy debate and discussion and huge struggle by the regulator and market administrator, these corporate scandals are still returning but with more scaring facts. 1.1 What do we mean by Fraud and Misconduct • Fraud is a broad concept that generally refers to “any intentional act committed to secure an unfair or unlawful gain” • Misconduct is also a broad concept and generally refers to “violations of laws, regulations, policies or market...
Words: 3562 - Pages: 15
...Thursday: 1:00 pm – 2:00 pm or by appointment. Class Web Site https://luonline.blackboard.com/webapps/login/ Communication Login to Blackboard and check your e-mails frequently for notes, downloads and announcements. Course Textbook (Required) 1. Management by John R. Schermerhorn. 13th Edition. John Wiley & Sons Inc. ISBN: 978-1-118-11392-9 2. Managing Engineering and Technology by Lucy C. Morse and Daniel L. Babcock. 6th Edition. Pearson Higher Education, Inc. ISBN-13: 978-0-13-348510-3, ISBN-10: 0-13-348510-2 3. Project Management: A managerial Approach by Jack R. Meredith and Samuel J. Mantel, Jr. 8th Edition. John Wiley & Sons Inc. ISBN-13: 9780470533024, ISBN-10: 0470533021 4. Seven habits of highly effective people by S&S, ISBN 0-6-7170863-5 Course Overview This course will cover the fundamentals of engineering management. It is designed to teach management principles to engineering students to prepare them as engineering manager. Topics of the course will be divided seven major areas of management. These are management, environment, planning and controlling, organizing, leading, managing projects, and managing technology. After completion of the course, students will have confident enough to discuss concepts of engineering management. They will gain fundamental knowledge about management terms and principles which they can apply to technology-based enterprise. This course prepares students to become engineering managers or project managers. Course...
Words: 2646 - Pages: 11
...------------------------------------------------- A Critical Evaluation of the Management Environment of a Country ------------------------------------------------- The management Enviroment- 7BSP1248 Word Count: WORD LIMIT: 2000 Table of Contents Introduction 3 Critical Analysis of the Tools Implemented. 4 Key Factors Affecting Spain’s Management Environment 4 Tools Put to Use 5 Conclusion 6 References 6 Introduction In the world of today, a numerous amount of issues can affect a certain country in many different ways. The managing environment of the country is essential to the evolution of the country in the rapidly changing environment the world is experiencing. This environment in which the management operates in Spain will be critically reviewed using various tools of analysis to better comprehend the situation in which they currently exist. Some of the key factors that affect the management environment of Spain is the political situation the country faces currently, ongoing corruption has played an essential part to the population change including drastic changes within the country. Poor government which affects the countries economy which it has experienced for the past two years, hindering younger generations finding jobs which convinces a lot of individuals to leave the country to find a better life elsewhere, is also a driving factor for the problems it currently faces. As the (World Bank 1997) defines corruption as the “abuse of public power...
Words: 1932 - Pages: 8
...[Type text] AsiaeUniversity Interface Global Education Authorised Centre By N AsiaeUniversity STUDENT’S NAME : ABDUL KADIR AL JAILANI BIN RAMLE I/C NO : 840128-04-5227 PROGRAMME : EXECUTIVE MASTER IN MANAGEMENT CLASS DATE : 27 & 28 FEBRUARY 2016 INTAKE DATE : SEPTEMBER 2015 MODULE : ORGANIZATIONAL BEHAVIOUR TRAINER’S NAME : PN. ZUNAIDAH BINTI ABU HASAN CENTRE : IGE MELAKA OVERALL MARK (Fill up by Trainer) QUESTION 2 3 TOTAL FINAL MARK (40%) [Type text] MARK Contents Question 2 .................................................................................................................. 3 Introduction ............................................................................................................. 3 Objectives ............................................................................................................... 3 Content ................................................................................................................... 3 Conclusion .............................................................................................................. 6 Question 3 .................................................................................................................. 7 Introduction ............................................................................................................. 7 Objectives ...........................................................................................................
Words: 2937 - Pages: 12
...Ethical Issues Affecting Bp Operations Management Essay For a company to become a good corporate citizen it must follow the rules put in place by the government to where the company's operations activities are taking place, this also include protecting the environment and local people in the community from any harm from noise or water or air pollution. This report will explore more about the responsibilities BP have for making moral judgement and how their employees are involved and empowered. Also will have information on ethical issues affecting their operational activities and how do they ensure good relationship of employer and employee. Ending part there will be a summary about ethical code for oil industry. INTRODUCTION Considering ethics, a corporations' responsibility for taking actions that are morally sound needs to change. Reviewing the role of the individual, corporations are being subjected to the role of moral agent. The question is, can a corporation, composed of people, be held responsible for its own action as a moral agent? The answer is complexed from an individual's viewpoint with that of the corporation. Werhane (1989:821) viewed that corporation by law is identified as a person that is frequently held responsible for business practises. However, Werhane continues, if firms are not moral agents, they do not become morally liable and thus the onus is passed onto the individual person. [1] This becomes complicated because how can individuals become solely...
Words: 2698 - Pages: 11
...organizations, press and media are the parties that keep the companies responsible for the impact of their activities on the environment and society (Porter and Kramer, 2007). That happens because some of these parties have direct influence in the company’s image. For example if media transmit news that erode company’s image, this will definitely influence negatively stakeholders’ opinion and trust for the organization (Neu et. al., 1998). The concept of Corporate Social Responsibility (CSR) works like a self-regulating tool, which aids the company to observe and guarantee that its operations are aligned with the law, ethical standards and international rules. Some companies, which apply CSR, achieve with their actions to benefit society beyond the primary objectives of the company and that which is mandatory by the legislation (McWilliams et., al., 2006). In other words CSR is the ethical behavior of an organization towards its interested parties (stakeholders). There is a broad range of definitions describing the concept of CSR. However, it is not issued a formal one with agreed terms and conditions (Hopkins, 2004) CSR has become more and more crucial as the time goes by. There is a great variety of examples of...
Words: 4257 - Pages: 18
...Building a resilient supply chain Introduction Global supply chains and transport networks create the core of the global economy, fuelling trade, growth and consumption. Due to the never-ending push of management boards to improve efficiency and increase profit, supply chains are becoming more and more complex. Getting leaner, just-in-time inventory, outsourcing and other trends have introduced many business benefits, however we must not forget about the other side of the problem; new kinds of supply chain risk. Except from the internal company’s trends, other macro factors are influencing the complexity of a supply chain. Forces such as globalization, e/m-commerce and global connectivity are fostering the process of higher complexity within the chains and are amplifying the impact of problems & risks, which may arise. The trends and are not only influencing the company side though. Customer expectations and PLCs continue to develop and change in reference to external factors. A constant stream of products (high quality, low cost and environmentally friendly) is expected by the modern times buyers. The internet, social media platforms and the „shrinkage of the distances“ between people, lets the public quickly learn about any weak spots of company; sometimes even before the information reaches the employers. Not only internal trends have contributed to the fragility of the supply chains. External challenges during the last decade such as the fuel crisis, mouth...
Words: 5658 - Pages: 23
...important in order to attract investors and enhance quality of life. Singapore is resource-constrained, and imports most of its food, water and natural resources. As an island city-state, it has its own share of existing environmental challenges, particularly with air quality levels, in part due to regional transboundary haze. Having developed its industrial base and achieved high economic growth in the last four decades, current day Singapore is highly urbanized and industrialized. This has had a major impact on the environment—more pollution and waste generated. The challenge is especially great for Singapore as it is an island city-state with an area of only 704 square kilometers and a population of 4.59 million people. Its population density of over 6,500 persons per square kilometre is the fourth...
Words: 6948 - Pages: 28
...EXCEL CROP CARE LIMITED A PROJECT REPORT ON PERFORMANCE APPRAISAL MANAGEMENT OF EXCEL CROP CARE LIMITED INDUSTRIAL TRAINING AT SUBMITTED TO: Dr. Rajesh Bhatt SUMBMITTED BY: Jalpa J Sachapara (Bhavnagar University) (M.B.A. SEM-3) (Department Of Business Administration, Faculty Of Management Bhavnagar University, Bhavnagar) ACKNOWLEDGEMENT I here by take this opportunity acknowledge following person who help me to fulfill my training with Excel Crop Care Ltd. 1. Mr. Pinakin Trivedi 2. Mr. Robert fernandis 3. Mr. S Kumar Bhatt 4. Mr. Tyag Vyas 5. Mr. Zariwala Firstly thanks to H.R. manager Mr. S Kumar Bhatt and public relation officer Mr. Pinakin Trivedi and management staff of the Excel Crop Care Ltd Who granted me permission for visiting their industrial unit and providing all the required information and inquiries for the preparation of the project report.Thanks to Mr. Robert Fernandis who introduce me to whole firm and gave all the required information of the organization and also thanks to Mr. Tyag Vyas who help me to get information. Finally to dean of the MBA dept. Mr. Rajesh Bhatt for providing us with an opportunity to gain this absolutely fruitful & wonderful practice training. Without the help and contribution of the above mentioned preparation of this project would have been simplify impossible. Hence, I would like to thank them once again. ...
Words: 6691 - Pages: 27
...challenges several strategic drivers has been taken by BHP Billiton. This report mainly focused on external and internal environment, strength and weakness, Governance challenges and strategic drivers of BHP Billiton. Overview of BHP Billiton: BHP Billiton is a Dual Listed Company (DLC) comprising BHP Billiton Limited and BHP Billiton Plc. BHP Billiton was created through the DLC merger of BHP Limited (now BHP Billiton Limited) and Billiton Plc (now BHP Billiton Plc), which was concluded on 29 June 2001. BHP Billiton is a leading global resources company. The purpose is to create long-term shareholder value through the discovery, acquisition, development and marketing of natural resources. BHP Billiton are among the world’s largest producers of major commodities, including aluminum, coal, copper, iron ore, manganese, nickel, silver and uranium, and have substantial interests in oil and gas. The headquarters of BHP Billiton Limited, and the global headquarters of the combined BHP Billiton Group, are located in Melbourne, Australia. BHP Billiton Plc is located in London, United Kingdom. Both...
Words: 7470 - Pages: 30
