Research Paper On Bussinesses

1. What countries represent the largest global business opportunities for the next decade? What factors determine the size of the opportunity?

3. Many multinational companies market products under different brand names when conducting business overseas. For example, Unilever’s Axe Body Spray is called Lynx in the United Kingdom and Australia. Research some of your favorite brands (or products that you buy on a regular basis), and list if and how they use alternate product names when conducting business in foreign markets. Then, explain why a company might use a different brand name abroad.

By paying their employees more money, businesses owners are hoping it will provide extra motivation for them to work harder. “Businesses are able to absorb the cost of paying higher wages without reducing employment through a range of channels, including savings from increased employee productivity and reductions in employee turnover that consistently result from

carefully planned out and considered, the total closure or failure of the organization could be at hand in the near future. In our modern age, employers know that salary is not the only factor that should be considered and that salary alone will not lead to better or more highly profitable workers alone. This is why compensation planning is important and why pay should have some connection between performance and compensation. This is why the human resources department should consider many monetary and non-monetary factors when considering how to properly compensate and motivate employees (Dessler, 2013).

There are many differences between business organisations, beginning with the purpose and goals of an organisation. Business organisations belong to various different categories including the private, public and non-profit sectors. This assignment will discuss a business organisation from each of those sectors, outlining the purpose, objectives, and stakeholders of each. It will also discuss the different ways that global factors and market structures can impact each of those companies.

Once of the most important activity for humans is managing. It has existed from the begining of the time when the social organisations were formed to achieve the aims and objectives which could not have been accomplished by the individuals, managing has been an essential part to ensure coordination of individual efforts. As the society continously rely on group efforts and the organisation groups become larger, the task of managers have become more complex and demanding. Henceforth, managerial theories have become crucial in the way complex organisations .are managed.Three of the most recognised management theories are Quantative approch, systemic approch, Contingency approach. (Dawson, 2000)

A company makes money from their employee’s performance from their customers. Employees are paid by employers to add value for the company’s customers.

I chose Water.org as my social entrepreneurial venture. Water.org is a non-profit organization that has transformed thousands of communities in Africa, South Asia, and Central America by providing access to safe water and sanitation. Founded by Matt Damon and Gary White, Water.org works with local partners to deliver innovative solutions for long-term success.

In support of this statement, they used the example of the competitors, Walmart and Costco. Walmart, founded by the Walton family, brings in approximately 405 billion dollars annually and still only pays their employees around $9 an hour. In comparison, the founders of Costco, Jeffrey Brotman and James Sinegal, are not among the world's richest as the Walton family is but still find a way to pay their workers a living wage. Costco employees are paid roughly $20 an hour which in totals, is around $45,000 a year, while Walmart employees are only paid about $17,500. Thus concludes that the problem of underpaid workers is not a result of insufficient funds, but a mere result of a company bleeding their workers dry in the efforts to increase their very own profitable gains. “The idea that we have to choose between paying workers well and having successful businesses is just false. That choice only exists when the owners insist on squeezing billions out of their workers” (The Daily Take Team

3). When you pay workers better, they tend to become more loyal to the company and save the company money. Surowiecki also brings up the example with Henry Ford paying his workers much higher than usual workers at that time. Surowiecki begins to speak of an outside source on how he agrees with paying workers better benefits the company. The outside source is Zeynep Ton, a professor at M.I.T. Ton stated, “these companies end up with motivated, capable workers, better service, and increased sales” (Par. 4).

Not only does this create significant problems internally, but also problems within the organization which will determine the organization’s ability to maintain sustainability or growth in external markets. The internal labor market, which is determined by employees and the “pressure” (Lazear & Oyer, 2004, p. 2) applied within the working environment itself, changes based on factors of compensation; most notably when the environment is competitive or employees feel they are being treated unfairly for work

hey this is robert list why i want to go to school for bussiness commations is to get a better job working at att wireless and to be around people and type things in on the computer i think i wold really enjoy the job when i am done with collage im really good with people and talking and i like to lean new things and i will put my best in it and i know i will make it and i think this is a perfect degre for me i hope i lean alot of stuff i will work hard to pass all the classes and i know i will do good and i will study hard

Competitive pay ensured that physiological needs were met for all (Theroux, 8) (B&D 124). The companies 5-to1- compensation rule aligned with a concept of “sharing the wealth” (B&D 146). Ben and Jerry’s prevailed in supporting their employee’s needs and morale but failed in investing in human capital for organizational success. “As products, markets, and organizations become more complex, the value of people’s specialized knowledge and skills increases” (B&D 148). The 5-to-1 compensation rule prohibited the company from paying competitive wages to the most qualified employees changing this rule could crush morale.

Managing resources efficiently and effectively is the most fundamental goal for organisation which aims to maximise individual and social prosperity. Therefore, the management theory is constantly developing. In 20th century, there were several management theories proposed such as scientific management, administrative management, behavioural management, etc. as increasingly aware of human are crucial element of the organisation and vital in influencing overall organisational performance, Douglas McGregor who studied about how workers’ behaviour effect the manager’s leadership, proposed Theory X and Y (Waddell et al. 2007). It is no doubt this conventional concept still correct in 21st century, however, business environment is significant

The paper will explore different theories of Management, include Henri Fayol and Henry Mintzberg. This section of this paper provides an overview of functions, roles and skills required of a manager. What is Management? Management can define as the process of reaching organisational goals by working with and through people and other organisational resources. (Management Innovation, 2008).