The Vicky Green Case
Right to be Informed: Since key personnel of other companies are certainly going to face the risk of losing their jobs if they decide to accept the K.I., Koke International, 50 percent raise, then Vicky must consider the key personnel’s right to be informed about the aftermath of such a decision. Wendy McGee, Vicky’s boss, has made it clear to her senior staff members that key personnel of the other five player companies will be fired once they finish training K.I. employees. Vicky must consider the fact that those key personnel have the right to be informed about K.I.’s future plan, which will affect their careers. It was not clear whether the orders that Wendy passed to her senior staff members will
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Therefore to secure the future of K.I., Vicky must be sure K.I. abides the law by not becoming a monopoly which could have catastrophic results such as a breaking up of the company. A lawful business could improve the company but only through a healthy competitive market. Vicky must also take into account the duty to her boss, Wendy. First, Vicky must suggest that quick temper of Wendy’s be abolished because animosity between Wendy and her staff members may lead to a broader conflict. Also such behavior could lead the company as a whole to be less productive, because with Wendy’s quick temper it will be hard for staff members to share ideas. Sharing ideas between members of staff makes a company more successful.
Second, Vicky must stop her boss from leading the company into a conflict with the law. Since Wendy knows what consequences might face the company, then it is Vicky’s ethical duty to stop her boss from going through with such a plan. Also Vicky herself may be legally liable if it is ever brought to light that she chose not to oppose the plan. Last but not least, Vicky must consider the duty to the future employees of the company. If the key personnel of the other firms accept the generous but wicked offer from K.I., then it is clear they are absolutely unaware of the potential consequences of their decision. Vicky has to make sure that the new employees know what the future might hold for
After reviewing the Financial Report from The Leslie Fay Companies from 1987 to 1991, I made ratios of Balance Sheet and Income Statement to start with audit planning, which could help us make comparison directly. Also, the calculation of ratios in liquidity, activity, profitability and solvency contains in my report. The purpose of analytical procedures is to detect “red flags” within the financial and non-financial information. For the financial part, firstly, I made year-to-year comparisons from 1987 to 1991; then, I did going concern analysis that to compare the data from The Laslie Fay Co. with the industry standard
Green Meadows Hospital is newly constructed community hospital owned by Southern Hospitals Corporation. Kate Cooper was very excited when she got a new position at Green Meadows as a Manager of Adult Services. They started hiring people and were getting ready to open the hospital. However, things did not go well as they planned and wanted to. Therefore, Kate had to resign. The biggest problem that I see in this was their unorganized management skills and communications skills. They should have more prepared since they were new hospital and related to people’s lives but from the beginning, it seemed like they did not think that it was a big of deal and just went it the flow.
3. What are the challenges that Swan faces at the end of the case? What actions should she take? Should she assign an interim director?
Where Have You Been is an exercise to assess one’s exposure to the rest of the world’s people.
In the drobox seven assignment, there were three cases that were given to be evaluating, out of the three cases, the first case with Danielle and her roommate Tasha was the most interesting. In spite of Danielle thinks she is doing right while really she is doing wrong because she is actually hurting her Tasha. For instances, Danielle tells her roommate, Tasha that her essay was good in spite of it needing a lot of corrections so that her roommate would not be hurt in the process. This shows that Danielle is concern about her roommate’s feelings and how Tasha may think of her despite the fact that her roommate may get a feeling grade as a result of her actions. Despite this Danielle, if she was a true friend should have helped Tasha out with
Kerrie Peterson is a general manager for a large fortune 500 financial company called Access. She has a record of achieving several great accomplishments and helping the business grow. Now she has taken on a huge and risky challenge by leading an unpopular cost reduction initiative. All GM’s within the company were asked to cut back on their operating cost and she agreed to fifteen percent. The goal seems realistically possible to her because she believes in herself. However, she is not sure if the senior board members would feel the same. Kerrie scheduled a meeting with the senior management team, so she could inform them about the new changes. The team was not thrilled about it at all. She then stressed the fact that by their department being the largest department they must join this effort to meet the goal for the greater good of the company, (Lester & Parnell, 2007, Case E).
The employee’s morale is low, they feel undervalued and unappreciated. With inflation rates and lack of raises their take home pay is less than before and the employee’s perception is that the company is doing well. During some tough years before, the employees that remained had pulled together and working harder to help keep the company open, they now feel that since business is good, they have not been appreciated or recognized for their commitment. They are concerned about their benefits plan and pension changes that may be happening.
As for Tyrone’s health, he reports to have some physical limitations; for instance, having trouble acquiring employment that encompasses heavy lifting, climbing up and down ladders, bending and squatting, standing on his feet for extended time periods throughout the day, and above all, not having enough energy to be productive. As a child, he remembers having a mild case of asthma which he grew out of. Currently, Tyrone shared that his Primary Care Provider (PCP) has placed him on a restricted diet plan to combat his obesity. Tyrone has been diagnosed by his John Peter Smith (JPS) PCP to be overweight/obesity – Class 3, morbid obesity, to be specific.
hauling goods for their clients. The primary source is typically line-haul revenue, which is the revenue earned from
I appreciated your explanations on the Janet case, your analysis began with an, in my opinion, the correct ideal self of Janet. As you pointed out Janet’s ideal self is contingent on her parent’s approval by her choice of husband after her parents disapproved of her first two suitors she brought home. Another idea that I found profound was when you mentioned that children who come from unconditional positive regard then the children are allowed to learn from their experiences and ascertain what is right and wrong. Furthermore, without unconditional positive regard youths will modify their lives to fit the ideas of what is right and wrong according to their parent’s beliefs. This I believe is key to the entire case of Janet as all her decisions
In employees' view, they accept the offers (e.g. salary, working time) of their jobs but not the threat of a layoff to enhance shareholder wealth freely. A sudden unilateral change in the labour relationship is equivalent to deception and coercion by management. Furthermore, there is a trend on increasing
The first problem to arise is that McRae will decline my counter offer leaving me with out a COO. Whether he accepts the offer or not I see the new employee programs being extremely effective in getting the employees more engaged and in touch with the inner workings of the company. The programs will be designed to bring the employees closer to each other and help build team confidence. Money has not been a problem but the new debt will certainly be a burden to the company because if we a not pay the bills then the employees won’t have a job. I believe by putting finances first is really putting the employees first with out our employees we will not have any money and without the money we won’t have our employees. I am sure many employees will understand this concept. By keeping the company its employees and its amazing products the profits will continue to grow for Iggy’s Bread of the
Each of Kerrie’s direct reports has self-interests involved in the project’s outcome of reducing the operating expenses by twenty percent. First, Sam was concerned the CEO was moving too quickly to reduce the operating expenses by twenty percent. This would cripple his account managers and existing business would suffer. Second, Tiffany was concerned senior management was reducing her intelligence group’s influence on the organization. Tiffany also thought Kerrie should have a stronger position supporting the competitive intelligence group. Third, Shelia has concern that her department would have to cut staff but provide the same amount of work. Then there was Peter, he was a supporter of reducing cost which would allow for new business.
Celeritas was a leading firm in the enterprise network optimization industry, in an industry where it was becoming highly competitive. Celeritas have lost their market share and they’re steady growth has slowed. SVP’s have stopped communicating and sharing information amongst each other and blame each other for missing deadlines. Boyer is not seen as an effective leader since he doesn’t not involve nor hear any SVP’s opinions on decision-making matters. So did VP’s loose trust in Boyer’s leadership skills.
The company also prompts for respecting the rights of shareholders and also makes timely and balanced disclosure. They should pay on timely basis to the employees in response to the market requirement for paying the remuneration. They must retain the responsibility for approving the strategic direction of