...Scenario 1: Most employee handbooks come with rules and regulations and terms of contract of the employment that any reasonable person can qualify as an expressed and implied contract. This is so because procedures, policies, and promises are present in an employee personnel manual. For instance, once an employee receives a handbook from the employer, the interpretation of this action constitutes contract. Therefore, Grey has a case if he chooses to sue NewCorp for a breach of implies employment contract expressed in the Notice of Unsatisfactory Performance and Corrective Action Plan Manual. Employment laws of the land make it illegal to terminate an employee in retaliation for an employee’s freedom speech, freedom of religion or freedom of privacy. So, if part of the reasons Mr. Grey’s job is receiving termination is for his freedom of speech at the school meeting that will be unconstitutional. The right of an employee not to be demoted, retaliated against, or fired for engaging in such legally permitted activities depends on laws of the particular states in which he or she live (Sack, 1998). The United States Supreme Court ruling states that an employee cannot be terminated in retaliation for the exercise of free speech. If Vermont is one of the state that have enacted laws governing citizen’s freedom of actions occurring outside employment sites, Mr. Grey can sue Newcorp for wrongful termination if the school meeting speech was the reason for his...
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...business strategy and talent management are linked as an integrated talent management framework combining organization, business process and technology. Riordan’s Manufacturing manages their human capital and talent as strategic assets. They achieved by aligning the workforce with business objectives and by use performance metrics to drive decisions, monitor and improve results. This strategy shows how Riordan Manufacturing can successfully align their talent management strategy with technology to effectively manage their workforce needs in order to be a marketplace leader of the future” (Creating an agile workforce). Riordan’s Manufacturing has adapted the mixed manufacturing strategy which combines the Stable Workforce—variable work hours and the Level strategy that is most widely applied in many industries. The mix strategy is a planning strategy that uses two or more controllable variables to set a feasible production plan. With two strategies combined Riordan Manufacturing can take advantage of a well-trained workforce because the production rates never changes, lower turnover, lower absenteeism and more experienced workers (Jacobs & Chase, 2011). The Michael (n.d.) website manufacturing performance efficiency is the level to which quality of a product is exercised. This performance efficiency should be exercised in all manufacturing processes in order for a Riordan Manufacturing to avoid wasting of any kind. It is necessary for them to calculate a numerical value for...
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...Market Structures in Kudler Gerard A. Brady ECO/365 November 7, 2013 PH.D. Sol Dresher Market Structures in Kudler Currently, KFF has minimal competition and owns a substantial portion of its market share. From the 2010 and 2011 customer marketing surveys, strengths and weaknesses of KFF strongly identify with the consumers view. The 2010 market survey shows KFF’s strengths to be convenient store hours, appealing atmosphere/décor, attractive displays, merchandise satisfaction, and the overall satisfaction of the store. Each category listed as strengths from the 2010 survey shows that less than 20% of the customers shopping at KFF express dissatisfaction in these areas. This analysis leads to the weaknesses shown in 2010. The weaknesses would be any category that has a customer dissatisfaction rate above 20%. Listed from weakest to weak; good value, good selection, courteous, and knowledgeable staff categories show red flags. These four categories alone define Kathy Kudler’s mission for creating an upscale gourmet shopping experience. The areas KFF most wants to prevail are the areas given the most dissatisfaction by customers. Looking into the 2011 market survey, it shows that dissatisfaction is rising in other categories. KFF strengths in 2011 according to its consumers are, store hours and the atmosphere/décor. Of the nine categories, customers show satisfaction with only two of the nine survey categories. This is a significant decline from the five satisfied categories...
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...Riordan Virtual Organization and Environmental Scan Strategic Management- MGT/498 Riordan Virtual Organization and Environmental Scan In today’s workforce, much research is being done to find ways to improve work conditions and in turn, productivity that can yield higher profits. Innovative companies intend to keep up with the times and with their customers, providing unconventional ways to improve the environment of the workplace to increase thinking, creativity, and productivity, which can help in better decision-making and can help increase its profits. The intent of this paper is to decide which competitive advantages Riordan has in common with the companies researched last week, and estimate, which competitive strategies Riordan could use to improve innovation and sustainability of business operations both in the United States and in the global market. In addition, Team A will explain why the competitive strategies were chosen and will estimate how they may affect sustainability of long-term organizational performance while explaining how the global market would affect the business strategy of Riordan. Riordan Manufacturing Riordan Manufacturing is company known for their manufacturing of plastics globally. Riordan produces plastic beverage containers, custom plastic parts, and plastic fan parts from their facility in China. Riordan has become a Fortune 1000 company and has done well. Riordan expanded to China and that facility, at...
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...Week 5 assessment Ethics Game The ethical issues brought up in the assessment were a Person was buying flowers for a co-worker and she didn’t want them, he also checked on here a lot and was around her office a lot even though he worked in another area. The other ethical issue was a guy was tampering with results of a medical survey taking buy volunteers testing a drug. The results were going the way he wanted and he tampered with them and changed them to look better or more positive for the drug. The steps taken in the first issue were to talk with my advisor and take a look at our companies policies, make sure we have them available and for them to be followed. In the assessment I didn’t handle it the best way, my way was productive, but I should have had a more direct approach to it, but I did very little risk to the company. I found out that I want the least risk, which isn’t always the best way. On the second issue of falsify records I choose a more direct approach and turned in the person and showed the results of my own to the journal. I had a higher risk of 3, but I still got the situation solved. I know that the basic rules and process have to be followed, and share concerns and critiques about the rules. I also had to protect the junior researchers so he wouldn’t catch any backlash, he was doing his job, and Dr. Waters were to blame. The first ethical issue about the harassment, this issue could easily become a lawsuit for the company, you have to take...
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...Virtual Organization E-Business: Riordan Manufacturing BUS415 Virtual Organization E-Business: Riordan Manufacturing A global plastics manufacturer, Riordan Manufacturing employs over 500 people with projected annual earnings of $46 million. Riordan Industries, Riordan Manufacturing’s parent company is a Fortune 1000 enterprise with revenues in excess of $1 billion. Riordan's major clientele include automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers (Apollo Group, Inc., 2005). With manufacturing plants in Albany, Georgia, Pontiac, Michigan, and Hangzhou, China, Riordan’s e-business plays a vital role in continued growth. “E-business involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperation with business partners” (Wikipedia, n.d.). E-Business is taking new forms and enabling new business practices that may bring numerous risks. Protection of intellectual property is a major concern, but so are the value of contracts, domain names, and handling legal issues in a multinational environment. “Intellectual property rights, such as patents, copyright, trademarks, trade secrets, trade names, and domain names are very valuable business assets. Federal and state laws protect intellectual property rights from misappropriation and infringement” (Cheeseman,...
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...Environmental Scan Barbara Hicks MGT/498 October 26, 2015 Environmental Scan The perception of environmental scanning is important to the short term and long-term success of a business. The environmental scan continued use by present and future businesses to scan, examine, calculate, and project the internal and external elements of their marketplace. Companies use a SWOT Analysis to establish the performance of the markets environment. The company will analyze consumer and competitor’s behaviors, trends, strengths and weaknesses in the market. Performing an environmental scanning and SWOT Analysis is vital to an organization’s success. SWOT Analysis A) give a detailed assessment of the opportunities, trends, and consumer existing in their market environment. B) Establishes an awareness of their markets environment so that their company can increase the strategic planning and decision-making process. (U.S. Department of Health and Human Services, n.d.). C) Establish the internal resources needed to achieve their organizational goals and objectives. D) Establish the vision and strengths to identify the companies’ strengths, weaknesses, opportunities, and threats. (CPS Human Resource Services, 2007). To show the importance of environmental scanning and the competitive advantages that could arrive from using this assessment tool, this paper will conduct an environmental scan on Nike Inc., and A.O. Smith Water Products Company. The environmental scans of...
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...Virtual Organization for Riordan Manufacturing Virtual Organization for Riordan Manufacturing Many companies today are looking to create virtual organizations for their businesses because of the innovation and organizational improvement it can provide. Creating an intranet in a virtual organization to hold shareable company data is the best form of communication between all employees. The intranet can be protected from outside interference by using the correct security measures. While reviewing the virtual organization for Riordan Manufacturing, there were some inconsistencies in the home page, accounting and finance, and human resources section that can be improved on. Home Page The home page is the most important web page for a user because it prepares and sets the tone for navigation and functionality. A glaring omission from the Riordan home page is the purpose of the Intranet and its usefulness for employees. Currently, the home page contains the mission statement, company facts, and a brief history. While this information is important, we would recommend creating a separate page named “About”, or placing it under the current link of “Riordan Industries”, which would be a more appropriate location. Our recommendation for the home page would be to include more details about the intranet itself. What is an intranet? Why is it important? Who are the users? These questions are very important, especially for someone who is new to the company. Additionally,...
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...Corporate Compliance Plan for Riordan Manufacturing University of Phoenix Riordan Manufacturing is a profitable plastics manufacturer with annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 company with revenues over $1 billion. The following are some of the products produced by Riordan Industries: plastic bottles, fans, heart valves, medial stents, and custom plastic parts (Virtual Organization, 2009). This compliance plan will state the company's legal responsibilities and regulations necessary to continue earning a profit. The plan will address the laws affecting the plastic industry and guidelines to ensure management and employees understand and obey the laws. The focus of the compliance plan will be on managing the legal liabilities of Riordan officers and directors. Riordan Manufacturing was started and founded by Dr. Riordan, a professor of chemistry. The company focused on research and development of plastic substrates. In 1992 the company purchased a fan manufacturing plant in Pontiac, Michigan. In the year 2000, the fan operation was moved to China. The corporate headquarters that include research and development is located in San Jose, California. Plastic beverage containers are produced in Albany, Georgia and custom plastic parts are produced in Pontiac, Michigan (Virtual Organization, 2009). The compliance plan will include an Alternative Dispute Resolution (ADR) to resolve a dispute, product liability to address...
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... An organization is made up of many departments; therefore each department must be in good working standards in order to be effective. Each department must fit and work conjointly with other departments allowing for total organizational optimization. In an organization recognized for excellence, those departments are aligned so that the whole is actually more effective than the sum of the departments. Riordan Manufacturing, Inc. Riordan Manufacturing Inc. is a plastics manufacturer who specializes in plastic injection molding. The company is a fortune 500 company which is completely owned by Riordan Industries. The company is located in San Jose, California. Riordan Manufacturing has cutting edge research and development and the company’s Six Sigma and ISO 9000 certifications make this company a high quality focused organization (“Riordan Manufacturing, Inc., 2013”). Organizational Model The company uses a tall hierarchy or bureaucratic chart as their organizational model. This is said to be the organizational structure of Riordan Manufacturing due to the fact that the company has a CEO at the top level of the organization and numerous levels of management afterward. Riordan Manufacturing tends to be a complex organization that utilizes a long chain of command, similar to that of the military. Riordan’s management structure outlines many different ranks and each rank controls a minim area within the company. The organizational structure used by Riordan Manufacturing...
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...Competitive Advantages Competitive Advantages - Riordan Riordan is a plastic manufacturing company, which was started in 1991 (University of Phoenix [UOP], 2013). The company has locations in California, Michigan, Georgia, and China. The company’s business units are plastic parts manufacturing, plastic beverage containers, and the plastic fan facility. Riordan’s customers consist of beverage makers, medical supply firms, electronic supply firms, and pharmaceutical companies (UOP, 2013). A competitive advantage allows companies to increase sales, resources, and market share. Team B’s analysis will provide insight on Riordan’s competitive advantages by identifying competitive strategies, competitive sustainability, and the effect of the global market changes to the company’s business strategy. Riordan’s Competitive Advantages Every organization must establish some type of competitive advantage. The recent research of FedEx, Southwest, and McCain Foods’ competitive advantages assists in identifying Riordan’s competitive advantage. The first step in competitive advantage is creating a mission statement and developing a strategic plan. Firms that operate with a strategic plan develop focus and alignment. Introducing unique products or services leads to the establishment of a competitive advantage. In the case of FedEx, the core service is transporting products. McCain Foods core service is processing potatoes. Both organizations provide services in a unique manner that differentiates...
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...Virtual Organization Strategy FIN/370 October 20, 2012 Riordan Manufacturing is a Fortune 1000 company that employs 550 people with projected annual earnings of $46 million dollars. The company was founded by Dr. Riordan in 1991 and subsequently the company name was changed in 1992 to Riordan Manufacturing after Dr. Riordan obtained venture capital to expand the company. The corporate headquarters is located in San Jose, California with additional manufacturing plants in Georgia, Michigan, and China. Products include plastic beverage containers, custom plastic parts, and plastic fan parts. The company is a leader in the industry of plastic injection molding. (Virtual Organization Portal, 2012) Riordan Manufacturing wants to expand operations and they have three options when considering expansion. The three options are going public via IPO, acquiring another organization in the same industry, or merging with another organization. The company must consider the strengths, weaknesses, opportunities, and threats of each option before making a final decision on how to expand. Additionally, considerations on the financial effects of globalization, exchange rate risks, and mitigating the exchange rate risks should be analyzed if the company decides to go international. Strengths Riordan manufacturing is looking for ways to expand their business. They narrowed it down to three options which are going public through an IPO, acquisition of another organization...
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...Course Materials Carpenter, M. A., & Sanders, W. G. (2009). Strategic management: A dynamic perspective concepts and cases. (2nd ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. Wheelen, T. L., & Hunger, J. D. (2010). Concepts in strategic management and business policy: Achieving sustainability (12th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. All electronic materials are available on the student website. |Individual |Write a 1,050- to 1,400-word paper in which you complete the following: |Day 7 |150 | |Environmental Scan Paper | | | | | |Research and describe the internal and external environments of 2 to 3 real-world companies | | | | |using an environmental scan. | | | | |Determine what competitive advantages each company has and what strategies each company is | | | | |using. | | | | | ...
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...Name University of Phoenix MGT/498 Strategic Management Instructor Date Competitive Advantage Paper Riordan Manufacturing Incorporated engages in plastic injection molding with operations both in the United States and China. As an industry leader, Riordan is in the process of identifying strategic factors in the internal and external environment. The goal is to develop long-range plans to manage resources as well as the opportunities and threats present in the environment. Emerging markets of Asia, some in South America, and in Europe expects to bring in demand for more products. These markets deeply affected by lifestyle changes ushered in by the new age of multimedia, economic growth, industrialization, and growth of personal income will power the expected growth for plastics and other consumer products. Competitive Advantages and Strategies Riordan is a company with business across the globe. Similar to companies like McDonald’s and The Gap, Riordan receives a great deal of pressure to maintain technological perks to the customer, treat the employees well, and support efforts to enforce the protection of the environment. As a global company, special interest groups sometimes have a louder voice than the public; these groups will request, almost demand, the support of the business within the community. For Riordan to remain competitive the company has been very supportive of special interest groups to include improved processes resulting...
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...are also responsible for tracking FMLA absences and any request for accommodation under the ADA” (Riordan Manufacturing 2012). With the Human Resources Information system helping the overall efficiency of the company, keeping track of all files and information that has to do with any of the employees; past or present. It shows the each employee’s personal information, personal exemptions for tax purposes, hire date, seniority date, pay rate, organizational Information, and their vacation hours. This is why it makes more since to hold all employees personal files in one central location. Even though this part of the company that deals with the worker’s compensation with a “Third-Party” organization, there should still be records of each employee’s injury within the Human Resources office, how much Worker’s comp. that is being claimed, and the dates they were injured. This would help to keep a working file for each employee’s injuries on hand and easily accessed. This should help minimize the chances of the same injury from ever happening again within the workplace. Worker’s Compensation can charge the company more money for accidents that could have been avoided with proper training. Legal: “Lowell Bradford, Chief Legal Counsel, oversees all legal matters for Riordan Manufacturing. All contracts have to be approved by Mr. Bradford before they can be signed”. (Riordan Manufacturing, 2012). The relative size of the system can grow bigger but it will only have files...
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