If necessary, please use examples or information from the textbook; however, please be ere to not copy any information directly from the text, the Module 1 Lecture Notes, or the Internet. Please use proper PAPA citations for any resources that you use. For concise PAPA formatting guidelines, please visit the Academic Resource Center (ARC). Your responses should be at least 100 words in length for each question. 1. What are the four basic functions that make up the management process? How are they related to one another?
Provide an in-depth explanation. 1 . Planning and Decision-making, this function will determine the course of action. The Planning will set the goals and decide the best course of action to each those goals. The decision-making involve the selecting the best course of action in reaching those goals. 2. Organizing, here managers will conduct grouping activities and involve available resources. 3. Leading, this is where you start get people to work together to better the interest of the organization. 4.
Controlling, Involves monitoring your plan and the progress of the organization as it works towards the goals. It insures that the organization effectively and efficiently ACH fives these goals. 2. Describe the principles of scientific management and administrative management. What assumptions do these perspectives make about workers? Do you believe that these assumptions are valid? After watching the video about CISCO that is included in the Module 1 Lecture Notes, how does leading from the middle versus command and control show the impact of these changes in management theory?
If you read the article From teamwork to collaboration, explain how the principles of scientific management and administrative management affect teamwork and collaboration in the modern work environment. Scientific Management principles are concerned with how they can improve he overall performance of the individual workers and improve the efficiency of their work. The administrative management is looking out for what is best for the organization. There focus is managing the total organization rather than individuals.
Yes I believe that assumptions are valid because you need to be lookout out for both sides of the organization. The CEO in the Cisco video talked about how he had to step back and let the middle management better than his own idea. 3. Describe the systems perspective. Why is a business organization considered an open system? A set of elements functioning as a whole, as a system is composed of four elements, Inputs, transformation processes, outputs, and feedback. They are considered an open system because they interact with their environment. 4.
Describe the basic levels of international business involvement. Why might a firm use more than one level at the same time? Why do businesses consider becoming an international business? The basic levels are exporting and importing, licensing, strategic alliances, and direct investment. They will do more than one level at the same time to benefit the company like direct investment in one country and then importing and exporting. Businesses will go global to increase international activity and become more competitive. 5. Do organizations have ethics?
Why or why not? How do companies deal with ethics in management and ethics in the organization? Do you think it is important for organizations to have ethical standards? Organizations do not have ethics, they relate to their environments in ways that often involve ethical dilemmas and decisions. Situations are referred to within the context of the organization’s social responsibility. PART II: PAPA Activity Directions: In Chapter 3, you read about how to use a SOOT analysis to help a company formulate its strategy. You also read about Porter’s Generic strategies.
In this activity, you will learn how to use PAPA citations and utilize the text to support your responses. Please utilize the Module 1 SOOT Analysis Template. The Module 1 Homework Assignment Template appears on the Homework Assignment Introduction page in aboard. Please visit the Purdue OWL website (http://owl. English. Purdue. Du/owl/ resource/560/02) for information regarding general in-text citations. Then sit the Academic Resource Center (ARC) to read further guidelines on how to apply the PAPA style (go to Study Tips and then click on PAPA Style Guide). . Read “Trek’s External and Internal Environments” on page 89 in your textbook. Review textbook pages 70 and 71 and find a quotation that will help Trek understand why a SOOT analysis will help them with their strategies. Cite the quotation using quotation marks and a proper PAPA citation.
Note: You may use the Internet to search for information about Trek; however, do not copy and paste any information from the Internet. This institutes plagiarism. For information on how to avoid plagiarism, please visit the Academic Resource Center (ARC). Firms that successfully implement a differentiation strategy are able to charge more than competitors because customers are willing to pay more to obtain the extra value they perceive. ” 2. Losing the SOOT template provided, identify at least three strengths, three Weaknesses, three Opportunities, and three threats to Trek. Strengths Low cost of materials, inflation, and unemployment. Favorable political-legal climate Teaming with MAD, Nikkei and other companies Weaknesses Money lost so the company can gain in research and development.
Only one place producing the high end customized bikes. Only controlling 24% of sales Opportunities Taking advantage of foreign trade Taking advantage of famous riders like Lance Armstrong Advertising in large events like Tour De France The retreats Other well-known companies/suppliers like Shipman Only finding their product in certain stores. Finding cheaper bikes on the internet 3. Review pages 71 and 72 in your textbook and find a quotation that will help Trek understand which of Porter’s Generic Strategies best applies to its reduce line.
Cite the quotation using quotation marks and a proper PAPA citation. “An organization implementing an overall cost leadership strategy attempts to gain a competitive advantage by reducing its costs below the costs of competing firms. By keeping costs low, the organization is able to sell its products at low prices and still make a profit. ” 4. You will now create a Reference section. Remember that the Reference section is used to cite the references that you used. For this short Reference section, you will only need to cite the textbook because it is your only reference.