Business Analysis: TerraCog Essay

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| The customers would be influenced because if the company are financially struggling the customers are there only hope to stay profiting. If the company was to go bust it means customers will no longer be able to shop there. The customers would be an external stakeholder, they can get information by advertisements and even check their annual report on the businesses website.

The objective of this report is to review current strategies used by Just Group with regarding to seven traits model according to Schumann, P. A. 1994. Besides, future strategies recommendation will be provided as the key for the company to sustain competitive advantage.

This sometimes leads to conflicts and collaboration problems. Tuckman and Belbin’s theories helped me identify potential strengths and weaknesses within the group, overcome conflict between group members and understand and appreciate every members’ contribution in the group. Tuckman and Belbin advocated in their theories that several problems or obstacles can ruin the successful completion of a task. However, in the group task, we encountered several problems in the aspect of making contacts within group members, differences in ideas, and opinions of group members on the case study, group members not working collaboratively with other group members as well as the delivery tasks given to each members timely. However, as a group, we were able to overcome these obstacles by using diplomacy in certain areas of the group discussion, identifying each other’s potential strengths and weaknesses so that the group task can be completed successfully. In areas where a group member fails in a given task, other group members were there to provide knowledge and skills to cover up its

M2(Unit 37) - Assess the social implications of business ethics facing a selected business in its different areas of activity

what would need to occur in order to reshape these things into something positive. Throughout

There are four stages in developing an authentic community. The first stage, Pseudocommunity, tries to avoid conflict. They believe everything is fine yet, in reality, has many issues. Next is Chaos. In this stage, group members display their differences in opinions. It is better to work through these issue than to pretend they don’t exist, like in stage one. Stage three is assumptions and realizations. It is about recognizing that our speculations about each other are getting in the way of truly listening and understand each other. Finally, the last stage is an authentic community. In this stage, there is still conflict, but everyone truly listens and works through the problems. In this stage everyone works together to create and inclusive environment. No one feels left out. Everyone helps each other to accomplish their goals. Communities are a continual process. Changes will always occur and groups will have to work together to push through it. Members will come and go, and new issues will always arise. Teaming up to resolve these issues may seem challenging, but a true authentic community can work through it. I feel Gudykunst’s seven community building principals are essential to creating an authentic community. Communities may form for many reasons, but a truly functioning community, will be purposeful, caring, Mindful, understanding, ethical, inclusive, empowering and

community is to listen and recognize that they are important stakeholders to the community. Giving

2. In monitoring this team, at what level and function do you see the most serious problems? Internal task? Internal relational? External?

The company that I have researched is called All Dolled Up Boutique. It is located in Somersworth, New Hampshire and is a brand new business. I’ve researched several aspects of this business since the inception and based on the following information have created a sample balance sheet for the company. The first item that was considered is how much revenue the business would create on a monthly basis. It was determined that a safe estimate would be approximately $6,000 a month just from services rendered. An additional $1,500 in shop rent revenue is collected from the Massage Therapist and Hair Stylist. Capital assets including the equipment and property within the salon are estimated at $10,500, with inventory at $5,000.

The leadership style that was previously undertaken by the CEO, Max Blue was one of a autocratic leader. Max Blue seemed to think that planning was not necessary and did not like to hold meetings. Due to his nature of being an autocratic leader, a leader that exercised absolute control, accepting little or no input from team members. This is probably the reason why he felt that planning and meetings were unnecessary, because he wanted to control every situation. Unfortunately, because of his leadership style, the works became very passive as they could not previously make decisions on their on.

- Being the expert in any field requires a lot of efforts. It is tremendously hard to take it to the next level.

Community: a feeling of fellowship with others, as a result of sharing common attitudes, interests, and goals. In the workplace, this definition has the power to change the atmosphere. Have you ever worked with an organization that defied everything community stands for? For the last six years I have worked at Lyle G. Hall Community Pool where, surprisingly, community was unbeknownst to us. Two years ago our town was undergoing some administrative changes which included a new borough and pool manager. With my previous work experience and educational background I was promoted as the new community pool manager. I worked closely with the borough manager to change the atmosphere into a wholesome community feel for not only our employees, but the patrons as well. The textbook reveals ten aspects that should try to be met to reach that ultimate community bond. I will briefly go over six and provide examples of how we implemented those specific conditions.

Resumption of Aerial Pre-Launch Meeting’s goal is to get all parties to reach an agreement on the price point for Aerial. During the meeting, every participant hold their own position and refuse to make any compromise: the production team provided the final price estimation of the Aerial at $475, the sales department disagreed with this

It was highly important to look into the matter so that the working environment could be made better and positive. To deal with this complex situation, it became significant to implement various theories based on management practices (Messersmith et.al, 2007). Most of all the practice of community development was supposed to be a part of workplace environment. Through this group cohesion and team collaboration will be enhanced. Likewise, this practice was much needed at Dunworth Centre. Sharon realized that most importantly,