...MBA (University of Bedfordshire) Unit= “Leading People in Organisations” Code of the Module Unit = SHR601-6 Unit Co-ordinator= Pauline Lowenberger Summative Assignment: A Report Writing based on a Case Study By Tanzina Shomy Student ID: 1322288 Title Page “A Written Report about comparison of the achievement attained by two travel firms named the AET and SA exploiting diverse strategies in an akin sets of HR practice.” Date- 10-1-2016 By- Tanzina-Shomy-Motahar Student ID –‘1322288’ Executive Summary This written report emphasised the constant achievement of about 2 travel businesses in 2 different countries named “Southwest Airlines, Dallas, TX, USA” and “Airport Express Train, Oslo, Norway”. It will also be studied the internal consistency of HR of both firms and how they achieved competitive advantages, success and conclusively touched the highest position through HPWS theory into the practices. Yet, both travel firms were monitored accordingly different methods like age, ownership, range of the company, competitive strategy, labour law and national framework, whereas both travel companies were accomplished success applying theory of HPWS into the practice. Generally, the Airport Express Train (AET) and the Southwest Airlines (SA) travel businesses are suggested to follow ‘the chain of impact framework’ as a recommendation for future success in travel business...
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...3. Type/name of the program: How I Met Your Mother, CBS channel 4. Title: How I Met Your Mother, season 2 episode 7 – The Crazy Eyes (Swarley) DESCRIBE THE 20 MINUTE ACTION: Ted, Marshall and Barney are sitting in a coffee shop where they figured out is not as fun as sitting in a bar. While drinking their coffee, Ted notices a heart on Marshall’s cup. He and Barney assume that coffee shop girl has a crush on Marshall. They are encouraging him to invite her on a drink. Marshall brags about how she likes his pumpkin jokes. That in Ted’s opinion can mean only two things – either girl has never heard a joke before, or has a crush on Marshall. Marshall is, however, not convinced. Ted and Barney try to prove him that heart next to his name is meaning something. When doing that, Barney discovers that his name is not written correctly. Instead of Barney is Swarley. He realizes this name will stick to him. Second scene takes place at Robin’s apartment. Robin is girlfriend of Ted. She is on the phone with her mother, but she is willing to talk to Ted even though her mother is still speaking. Ted tells her about Marshall and his date and that he helped him get the girl. Robin discovers that look, that made her sleep with Ted was fake. She can’t believe she fell for it until Ted reminds her that she has a familiar look for seducing. Lily, Marshall’s ex-girlfriend appears with plans for next evening. She is considering inviting Marshall too, but Ted tells her that he is busy. Lily...
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...Total Quality Managemen t Cost of Quality: Pinewood By: Oana Pirtan Charles Mentzis Tong Xie Mubarak Tiibaa Daniel Hummelsund  EXECUTIVE SUMMARY This group report examines Pinewood Technologies PLC’s cost of quality. Pinewood offer a dealer management system (DMS) called Pinnacle to retailers in automotive industry, offering a wide range of features integrated in one software. We have examined Pinewood’s cost of quality by following the Six Sigma framework DMAIC, utilising Project Charter, Cause and Effect Diagram, 5 Whys and Affinity Diagram. To start off the project we spent the first day at their offices, where we were given an induction talk by Tim Barney, Pinewood’s quality leader. After the meeting we received a comprehensive set of data comprising details of their business, allowing us to start our analysis. Firstly we created a Project Charter to define our project and Pinewood’s problem, which we would investigate. Further on, the Cause and Effect Diagram was used to identify possible factors causing increased quality costs. At this stage we received the data from Tim Barney, but this was initially really hard to analyse as it only gave us an overview. However, by applying the 5 Whys analysis we managed to go beneath the data and find the root causes for why Pinewood experienced a high volume of support issues. After the 5 Whys analysis we applied the Affinity Diagram which allowed us to organise and categorise all of Pinewood’s barriers to quality,...
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...Beanos Ice Cream franchise. Because his personal assets were limited, Smith needed a partner who could finance the purchase. After Smith found a prospective partner, Barney Harris, they negotiated a purchase price with Beanos. Then Harris gave Smith a partnership proposal. As the case opens, Smith is evaluating the partnership proposal. He has three choices: to accept Barney Harris’s partnership proposal, to make a counterproposal, or to try to find a new partner. Introduction Two months ago, Terry Smith had been so confident that he would soon own his own Beanos Ice Cream franchise that he had put an “I LOVE BEANOS ICE CREAM” bumper sticker on his Honda. As he looked at it now, he noticed how faded it had become in such a short time. He wondered if in fact it had been a short time—or a lifetime. Until recently, Smith had rarely second-guessed himself. After carefully researching an issue, he would base his decision on the facts and then proceed—without looking back. Now, however, he knew he had to put all of the momentum from the past six months to one side. He had to forget about the months spent investigating franchises, selecting Beanos, writing his business plan, and looking for financing. He had to forget about the fact that he had found only one prospective partner who could finance the deal — Barney Harris — and that he and his partner had spent several more months negotiating to purchase the franchise. He had to set aside his own emotional investment in the...
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...Beanos Ice Cream franchise. Because his personal assets were limited, Smith needed a partner who could finance the purchase. After Smith found a prospective partner, Barney Harris, they negotiated a purchase price with Beanos. Then Harris gave Smith a partnership proposal. As the case opens, Smith is evaluating the partnership proposal. He has three choices: to accept Barney Harris’s partnership proposal, to make a counterproposal, or to try to find a new partner. Introduction Two months ago, Terry Smith had been so confident that he would soon own his own Beanos Ice Cream franchise that he had put an “I LOVE BEANOS ICE CREAM” bumper sticker on his Honda. As he looked at it now, he noticed how faded it had become in such a short time. He wondered if in fact it had been a short time—or a lifetime. Until recently, Smith had rarely second-guessed himself. After carefully researching an issue, he would base his decision on the facts and then proceed—without looking back. Now, however, he knew he had to put all of the momentum from the past six months to one side. He had to forget about the months spent investigating franchises, selecting Beanos, writing his business plan, and looking for financing. He had to forget about the fact that he had found only one prospective partner who could finance the deal — Barney Harris — and that he and his partner had spent several more months negotiating to purchase the franchise. He had to set aside his own emotional investment in the...
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...Summary of Narrative of the Life of Frederick Douglass, An American Slave, Chapter I-IV Frederick Douglass’s Narrative of the Life of Frederick Douglass, An American Slave brings to light many of the injustices that African Americans faced in the 1800s under slavery. Through vivid images of brutality, Douglass presents the story of his life in a way that implicitly critiques the institution of slavery. In the first few chapters of his narrative, Douglass chronicles the barbarity that he witnesses and experiences himself during his childhood at Colonel Lloyd’s plantation, including the separation of families, the whipping of slaves and crimes against slaves. Douglass introduces his family circumstances in the first part of his Narrative. Because he lacks accurate knowledge of his birthday and age, Douglass notes the place of his birth—“Tuckahoe, near Hillsborough, twelve miles from Easton, in Talbot County, Maryland”—indicating the importance of his birthplace, the only piece of information he possesses about his own identity. He regards his “want of information” about his background as “a source of unhappiness” during his childhood. Moreover, according to Douglass, slaveholders always separate slave children from their mother before the children reach twelve months. Douglass decries the fact that this separation inevitably extinguishes the natural affection of the mother for the child as well as the child’s affection toward his mother. His own reaction after he heard about...
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...BP Deepwater Horizon Accident Part 1(week 4) A Study of Strategic Implications of the Recent BP Deepwater Horizon Accident Date: Submitted by: Mohamed Ahmed Mohamed Student ID Number: H00032634 Chapter 1 Introduction History of British Petroleum (BP) Company British Petroleum is one of the oldest companies in the oil industry. According to BP Global (2010b), the company was founded in the year 1909 in the UK under the name Anglo-Persian Company. Later, in the year 1954, the company changed its name to British Petroleum (BP). Being in the gas and oil industry, BP conducts various operations including exploration and refining of oil among others. According to BP Global (2010), Bp is the largest energy company globally with presence in over 100 countries. Overview of the Deepwater Horizon Accident In the year 2010, BP experienced a Deepwater Horizon oil spill disaster which involved gas release and subsequent explosion in the Gulf of Mexico. According to Webb (2010), the fire lasted for 36 hours and this was followed by leaking of hydrocarbon into the Gulf for eighty-seven days. BP admitted responsibility explaining that the accident occurred following loss of control related to pressure within the well blowouts in which a special type of is designed to keep constant pressure. Impacts of the Deepwater Horizon accident This tragedy impacted immensely on various BP stakeholders i.e. local communities, global customers...
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...the old Paper 14. This article looks at the areas involved in the scope and benefits of financial engineering section of the syllabus. The reference to Greeks will become clear as we proceed. WHAT IS AN OPTION? The definition in finance is quite similar to that in every day language, i.e. an option is the right but not the obligation to perform a certain action. More specifically in finance it means that if we buy a call option we have the right but not the obligation to buy: a fixed amount; at a fixed time; at a fixed price; of the underlying instrument. On the other hand if we buy a put option we have the right but not the obligation to sell: a fixed amount; at a fixed time; at a fixed price; of the underlying instrument. TABLE 1: OPTION TERMINOLOGY Call option Put option Exercise price/Strike price In the money Out of the money American Option European Option Premium Traded Option Over the counter option Let us commence with a summary of the terminology surrounding options. This is given in Table 1 and many of the terms should be familiar from the foreign exchange and interest rate exposure sections of the syllabus. USES OF OPTIONS Options have two major uses on financial markets, speculation and hedging. Figure 1 gives an example of how speculators can use options to gamble on share price movements. It will be noted that the payoff from the option investment is far more volatile than from the straight share. This is because with the option, Barney is specualting...
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...different characters so it is easier to relate to. Trust Versus Mistrust The first stage of Erickson’s theory is trust versus mistrust. This stage is from birth to one year old and is based on the baby’s environment and the baby’s primary care giver. During this period, the baby builds a feeling of basic trust. If the baby’s primary care giver is consistent, predictable, and reliable, then, most likely the baby will carry this trust into other relationships, hoping for the best, developing a sense of trust in the world around them. On the other hand, if the baby is subject to the opposite, in a relationship with the primary caregiver that has been unkind, fickle, and unreliable then the child will develop a sense of mistrust. This will lead the baby down a horrible path and will not have confidence in the world around them or in their abilities to influence events resulting in a sense of mistrust into other relationships. This can result in anxiety, heightened insecurities, and have serious doubts in the world around them. A good example of this stage is Bam Bam Rubble, and Pebbles Flintstones from the popular television program, The Flintstones. This program ran on public television from 1960 to 1966 and consisted of two main families, the Flintstones with Fred, Wilma, and Pebbles; and the Rubbles with Barney, Betty, and Bam Bam. The behavior of Bam Bam and Pebbles is a good example of Erickson’s first stage in trust versus mistrust. After watching a few of the episodes, it is...
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...Extreme Business-Models in the Clothing Industry - A Case Study of H&M and ZARA Kristianstad University The Department of Business Studies FE6130 Bachelor Dissertation International Business Program December 2007 Tutors: Håkan Phil Timurs Umans Authours: Susanne Göransson Angelica Jönsson Michaela Persson Abstract In the clothing industry firms compete successfully by applying different businessmodels. H&M and ZARA are two extremes in the clothing industry. H&M’s business-model mainly focuses on outsourcing and ZARA’s business-model mainly focuses on in-house production. The problem is that the existing theories alone cannot explain why two firms competing in the same environment under the same conditions choose different business-models. The purpose of this dissertation is to further expand the idea of why the two clothing firms H&M and ZARA chose different business-models. Our set of Complementarities for H&M and ZARA are based on the information derived from studying theories, the EU clothing industry and the two firms. Finally, Complementarities were analysed by conducting interviews. Our Complementarities partly explain why H&M and ZARA chose different business-models. However, our analysis is applicable for H&M and ZARA since the Complementarities are based on characteristics found in these two firms. The value of Complementarities can be used by other firms if they find their specific characteristics. Keywords: business-models, internalization, governance...
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...How to Manage People in SMEs in Context (Walkers Engineering Ltd. Case Study) Introduction and background of the case Walkers Engineering Ltd. is a small and medium family-run enterprise with 225 employees, and is partially unionized. The company manufactures plastic mouldings and bins, enjoying a good reputation for its quality. In order to remain profitable and a leader position in the market, the company plans to take some radical changes in new technology, working practices and reorganization of the workforce. The strategic agenda for Walkers Engineering is to start pilot scheme from the manufacturing section with acute problems and then to transform organization-wide. In this assignment, based on the overall situation of Walkers Engineering, specific problems in the organization, especially from manufacturing department will be discussed, and realistic solutions affecting the company will be addressed in according to the practice and management knowledge. Meanwhile, the relevant implementation would be introduced for comparison provided this organization was operating in China. Main problems in Walker Engineering As many people have mentioned, nothing is perfect in the world and ‘there is always a room for improvement (Cheetham, 2009). As one of functional department full of shop floorers in Walker Engineering, manufacturing section is involved in producing bins and packing and dispatching them. It gets many problems indentified, which partly reflect the management...
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...ALRIDGE BREWING COMPANY Craft Brewing Goes Public In August 1995, Paul Shipman, the CEO of Alridge Brewing (AB) prepared himself to enter uncharted territory. A craft brewing operation had never before been taken public in the United States, and he and his management team were about to do just that. Sure, there were massive large-batch breweries like Anheuser-Busch and Miller Brewing Company that were profitable, publicly traded firms—but there was something different about Alridge: it embodied the ethos and grassroots beginnings of the microbrew movement, and Shipman was confident that widespread market demand for craft beer was set to explode. He and the team had steadily developed their premium-quality handmade ales for nearly fifteen years, and their loyal customer base was strong. In the last year alone, he’d forged alliances with both Starbucks (for the purposes of co- branding a coffee- flavored brew) and A-B that had purchased a capped 25% interest in AB in exchange for access to its national distribution networks and accounting systems. Shipman had overseen significant capacity increases, with plans on the horizon for yet another brewery in Portsmouth, New Hampshire. He had worked hard to position AB favorably for expansion, and the public offering would provide the necessary capital. But how would the “microbrew” feel of AB translate to the largescale commercialization and growth pressures of the open market? Producing and distributing microbrews on a large scale...
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...Food Marketing Policy Issue Paper Food Marketing Policy Issue Papers address particular policy or marketing issues in a non-technical manner. They summarize research results and provide insights for users outside the research community. Single copies are available at no charge. The last page lists all Food Policy Issue Papers to date, and describes other publication series available from the Food Marketing Policy Center. Tel (860) 486-1927 Fax (860) 486-2461 email: fmpc@canr1.cag.uconn.edu http://vm.uconn.edu/~wwware/ fmktc.html No. 17 October 1998 Jawboning Cereal: The Campaign to Lower Cereal Prices by Ronald W. Cotterill Food Marketing Policy Center University of Connecticut Food Marketing Policy Center, Department of Agricultural and Resource Economics, University of Connecticut, 1376 Storrs Road, U-21, Storrs, CT 06269-4021 Jawboning Cereal: The Campaign to Lower Cereal Prices by Ronald W. Cotterill Abstract This article introduces the Forum by explaining the sequence of events related to the jawboning campaign and subsequent reductions in cereal prices. It also introduces the main issues on the vigor of competition and pricing that are analyzed in subsequent papers. Jawboning as a public policy strategy is assessed and found useful in certain circumstances such as those in the breakfast cereal industry in the mid 1990’s. The jawboning campaign was effective in advancing price competition in an industry that successfully resisted repeated antitrust...
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...The analysis of Chinese department stores with the fierce competition of online stores －A case study of Wanda department stores Word Count: 9850 Executive Summary Chinese department stores have suffered from the strong competition of online stores in recent years, Wanda department stores in particular. A significant 56 Wanda department stores was collapsed in 2015. Jack Ma even predicted that traditional brick-and-mortar sector will be replaced by the online stores. This research intends to first help Wanda department stores to identify the influences of online stores. Then, based on the successful development experience of British department stores industry, the feasibility of creating own-brand to help Wanda department stores to reduce the influences of online stores will be analyzed. This research finds three influences of online stores to Wanda department stores which is the objective one. First is the elicitation of homogenous issues of Wanda department stores. Second one is the low consumer switching cost to shop online. Third come to the high utilitarian value of online stores. From the findings of objective two, it is possible for Wanda department stores to create their own-brands, and own-brand product can reduce those three online influences identified in objective one. Wanda department stores can differentiate themselves and get ride of homogenous issues with the existence of competitive own-brand products. Besides, if Wanda department stores establish own-brands...
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...Stockholm School of Economics Department of Management and Organization Master Thesis, 20 credits “Can strategic analysis through a market and resource based view prevent the founding of companies with an unsustainable business strategy?” Abstract The Resource-based and Market-based views (RBV and MBV) are two theoretical frameworks which try to find an optimal structure for business strategy by focusing on key strategic points to gain the maximum output or return. During the peak and later upheaval of what is often called the “dot.com bubble” – business models, valuations and strategies were questioned with regards to their anchorage to reality and building endurable businesses. Based on a wide investigation of literature and reports within the Resource-based and Market-based view combined with first-hand interviews and second hand research, we have tried to find to what extent these strategies could or would have prevented investments in IT-ventures lacking the prerequisites for long term competitive advantage. The initial indications and rationale was that the information and frameworks would provide a structured strategic analysis that, if correctly used, could have prevented the poor investments and even lessened the impact of the crash. However, our conclusions are that a strategic analysis, using the MBV and RBV frameworks, would not have been able to give a correct strategic recommendation since the analysis would have been largely based on incorrect...
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