Discussion Topic: Business Strategy After reviewing the case study, please answer the questions:
•What critical errors do you see in the initial planning phase of the Clean-Air Carpet Cleaning Company? •What economic factors do you think Susan, Frank, and Jimmy should have included in their plans for the Clean-Air Carpet Cleaning Company? •What operational improvements would you have suggested for the Clean-Air Carpet Cleaning Company? •What do you think were the main factors contributing to the failure of the Clean-Air Carpet Cleaning Company?
Evaluate how the Johnson et al. (2014) strategic management process can be useful to an organization of your choice that need to review their strategy.
HR as a Strategic Partner Imagine you were just hired as the new HR director. In the past, HR has not had significant input in the organization's strategic planning. In one of your first meetings with the CEO, you suggest that the HR function should be more strategic. The CEO is unsure if this is necessary and responds, "I will invite you to the next meeting with all the directors. You can make a presentation to convince us why and then we can discuss this more."
Choose an organization with which you are familiar or to which you have access to public information (e.g., BP, McDonalds, Starbucks). You will be using this organization throughout the course in various assignments.
For this Application, create a 7- to 10-slide PowerPoint presentation that you would present to a group of directors on why the HR function should be more strategic. Include the following:
How the organization's strategic planning might benefit from using a systems-thinking approach, which would include HR The benefits and contributions HR might bring as a strategic partner The role HR metrics can have in the organization's strategic planning and implementation of strategies How HR metrics might be the driver of organizational change How HR metrics contribute to the organization's future success Be specific, and provide examples with references to the literature.
Why do firms become multinational enterprises? Using examples, explain what motivates organisations to engage in international business and how they internationalise
From your experience and by conducting research online explain purchasing strategies you have seen within the supply chain and focus on the movement of products. Explain different purchasing designs and strategies and explain how these strategies are separate from the supply management and supply chain management strategies.
Considering the recent election season, regardless of how you feel about the outcome, what do you now believe is the PRIMARY policy/problem objective of Trump? What are the primary causes of the perceived or real problem and why is there a need for policy or policy change? What is the origin and/ or development of the problem? How could the problem be resolved by government, business, or society (or combination thereof)?
This article review can be any global business. Within this assignment you are expected to:
Explain a global business and how they expanded into a country. Explain why they achieved success or why they failed. Explain the framework that was used, political systems, legal systems and economic systems that were utilized at a minimum. This is an in-depth research assignment, so it is recommended that you find a company that can be easily researched and that you can find several sources explaining this specific venture of the company that you decided to research.
Formatting requirements
Paper should be written to conform to APA guidelines. Paper should be 2 pages in length not including the cover page and reference page. You must include facts such as statistics or numbers to support your paper. A minimum of 3 reference sources less than 5 years old are required and must be included on the reference page and properly cited in the body of the text.
Hypotheses - A training program for newly hired employees will increase their ability to learn job - related skills. Using that research hypothesis, write a 15 page research paper that includes the following specific sections:
Section 1: Introduction (1-2 pages) The Introduction will introduce the topic explored by the student, indicate why/how the topic is relevant to the study of leadership, describe an overview of the research design that will be used to conduct the research and the results expected to be found. The Introduction should clearly state the research hypothesis.
Section 2: Literature Review (4-6 pages) The Literature Review should cite at least 5 scholarly sources (i.e., peer-reviewed journals or textbooks) that relate to the research hypothesis. The goal of the Literature Review is to show recent trends related to the research topic and why the hypothesis can be beneficial for employees/organizations as well as the advancement of the field. The Literature Review should integrate ideas across all sources, providing a synthesis of your ideas rather than a review of each individual article/source. Please see the Week 4 Lecture Notes for important information about preparing a Literature Review (SEE ATTACHED).
Section 3: Research Design (2-3 pages) The Research Design should describe the specific research design and methodology that will be used to test the hypothesis. This is a proposal, so the Research Design will indicate a proposed or projected research plan. The Research Design should specifically include:
The name/type of research design that will be used (descriptive, experimental, qualitative or mixed methods). See examples of these metods below.
The identification of the independent and dependent variable (if an experimental design is chosen). A brief description of who the participants of the research would be. A brief description of how data will be collected to test the hypothesis (specific steps).
Descriptive Research focuses on the natural relationship between two or more variables that exists without the researcher changing or adding anything to the research. For example, you may look at differences in employee satisfaction between males and females or the satisfaction with merit pay increases between long-tenured and short-tenured employees. Descriptive research can also include correlational research designs (which will be the focus of Week 5), which predict a linear relationship between two or more variables (e.g., employee salary is correlated with employee satisfaction such that higher salaried employees report greater satisfaction on the job).
Experimental Research focuses on the impact of an independent variable on a dependent variable. You learned about those terms earlier in class, and they apply directly to experimental research designs. With experimental research, the researcher tries to show a cause and effect relationship between the independent variable (the variable introduced by the researcher) and the dependent variable (the variable expected to change as a result of the independent variable).
Qualitative Research focuses on the qualities of a variable, rather than its numerical measurement. A common and increasingly popular research method, qualitative research takes into account non-numerical data that can be heard (audio), observed (visual), or communicated (e.g., through written comments or verbal dialog), etc.
Often a researcher will use more than one research method to test his/her hypothesis. Therefore, in this course you are presented with many different options which can be used to conduct your research. Again, this week you begin with an exploration of descriptive research designs.
Section 4: Conclusion (2-3 pages) The Conclusion should include a discussion of the results expected to be found by the research. It should clearly indicate if the student expects the hypothesis to be supported or not. The Conclusion should also describe possible limitations in terms of the threats to the internal and external validity of the research which could impact the interpretation of the findings.
Hot on the heels of the success (or perhaps trying to show you can improve upon a less-than-satisfying performance) of your first foray into investment recommendation (i.e. your research essay), you have decided to join forces with 3 of your peers to take it to the next level. You have been asked to put together an information package about, and make recommendations for investing in one of two major international corporations: Exxon Mobile and Coca-Cola. The task for you will be to compare the two companies based on both the supporting information and any external research that you conduct, and ultimately recommend one over the other as having stronger investment potential. Instructions: Please read the below case study “ CASE #1: COCA COLA The Coca-Cola company started 110 years ago as a small, insignificant one man business. Since then, it has grown into one of the largest companies in the world. The first chairman of the company was Dr. John Pemberton and the current chairman is Muhtar Kent. The demand for this product has made this company into a 50 billion dollar business. Coca-Cola was invented by Dr. John Pemberton, an Atlanta pharmacist. He concocted the formula in a three legged brass kettle in his backyard on May 8, 1886 by mixing lime, cinnamon, coca leaves, and the seeds of a Brazilian shrub. (Things Go Better With Coke 14). Coca-Cola, as he called the beverage, made its debut in Atlanta's largest pharmacy, Jacob's Pharmacy, as a five cent noncarbonated drink. Later on, the carbonated water was added to the syrup to make the beverage that we know today. Coca-Cola was named by Frank Robinson, one of Pemberton's close friends. Pemberton, in a state of poor health and in debt, was forced to sell a portion of the company to Asa Candler. In time, Candler acquired the whole company for $2,300. Candler achieved a lot during his time as owner of the company. On January 31, 1893, the famous Coca-Cola formula was patented. He aggressively advertised Coca-Cola in newspapers and on billboards. In the newspapers, he would give away coupons for a free Coke at any fountain. Coca-Cola was sold to Ernest Woodruff in 1919 for 25 million dollars. He gave control of Coca-Cola to his son, Robert Woodruff, who would be president for six decades. Woodruff introduced the six bottle carton in 1923. He also made Coca-Cola available through vending machines in 1929. That same year, the iconic CocaCola bell glass was made available. He started advertising on the radio in the 1930s and on television in 1950. Currently Coca-Cola is advertised on over five hundred TV channels around the world. Often considered the best known trademark in the world, Coca-Cola is sold in about one hundred and forty countries to 5.8 billion people in eighty different languages. This is why Coca-Cola is the largest soft drink company in the world. Coca-Cola is worth more than 58 billion dollars on the stock market (Coca-Cola, The Coca-Cola Company 232)” For more than 65 years, Coca-Cola has been a sponsor of the Olympics. One way to see all of the achievements of the Coca- Cola company is to visit the World of Coke in Atlanta. It houses a collection of memorabilia, samples of the products, exhibits, and many other interesting items. Cost of production of coke is very low because it is nothing but water mixed with some sweetener and color. Demand for coke is growing. Rich and poor, young and old, everyone likes Coca Cola. CASE #2: EXXON MOBIL CORPORATION Over the last 125 years ExxonMobil has evolved from a regional marketer of kerosene in the U.S. to the largest publicly traded petroleum and petrochemical enterprise in the world. Today it operates in most of the world's countries and is best known by the familiar brand names: Exxon, Esso and Mobil. The company makes the products that drive modern transportation, power cities, lubricate industry and provide petrochemical building blocks that lead to thousands of consumer goods. Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacturing of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. The company manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and other specialty products. It also has interests in electric power generation facilities. As of December 31, 2011, the company operated 37,692 gross and 31,683 net operated wells. Exxon Mobil Corporation has a strategic agreement with the Rosneft Oil Company for investment into oil and gas fields in the Russian Federation. The company has operations in the United States, Canada, South America, Europe, Africa, Asia, and Australia/Oceania. Exxon Mobil Corporation was incorporated in 1882 and is based in Irving, Texas. Finding, drilling, refining, shipping and selling to customers all contribute to the cost of gasoline. It is costly to produce and supply. Gasoline is the main product that Exxon Mobil markets throughout the world, and is very important for the modern world. In addition to being used by cars, trucks, tractors, ships, planes, and many other vehicles, it is also used to run many mills and factories, and in many power plants to generate electricity. We know that we have limited supplies of oil and one day we shall run out of the gasoline derived from it. Yet, we pay roughly the same price for a liter of gasoline as we pay for a liter of coca cola. As far as demand for petrol goes, most of the petrol is used to run cars. In order to own and run a car there are some restrictions. A driver has to be an adult and must have a driving license. Petrol is also sold from specially designed petrol pumps which are costly to build and operate. In contrast, Coke is sold everywhere and can be bought by anyone. One does not have to be an adult or owner of a car to buy coke. You have study the case study provided, and then conduct additional research on the companies in order to get information; also you must provide appropriate academic references (minimum 10) to support your conclusions and recommendations. You have to address the answers to the following question in your essay: a. What is the price elasticity of demand for gasoline? Is it elastic or inelastic? How about carbonated beverages? Is the demand elastic or inelastic? b. What is the Income Elasticity of demand for carbonated beverages and gasoline? Which one has the higher elasticity?
Describe a job you have held (TU student counts as a job!) in which you were highly motivated or unmotivated to perform. What were some of the factors that impacted your motivation? Were these factors intrinsic or extrinsic motivators? How did these factors relate to the job characteristics model?
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