principles of management

So for such move they should follow an international strategy where it applicable to all markets. Firms can gain various benefits from international strategies such as increased market size, greater returns on

37.|The “Big Five” personality trait that reflects the degree to which someone is good-natured, cooperative, and trusting is considered __________.|

* Joint ventures: the corporation and outsourced entity’s taking responsibility for distribution; corporate investment in the supply chain expected

Philips and Matsushita are two electronic (equipment and service) based powerhouses who had to expand their business to the international market. One my ask why they needed to operate internationally… each company, Philips and Matsushita, wanted to stand in front of their peer companies as the market leader in the industry. In order to do this, each company would go through various changes, some of which hurt and some of which

“One great opportunity for target would be to start a club card kind of like what grocery

These oversee competitors are outcomes of the flattening of the world. By flattening, that goes to say that everyone is on the same playing field in the business world. There is no “USA has the advantage” or “China has the advantage,” there is equal opportunity everywhere. We are all on the same playing field and we are linked together through some things called fiberoptic cables. Not only did they aid us in our personal lives but it has been hitting people hard in their business lives since the 1990s. This revolution has been impacting us in both positive and negative ways. It links us with these fiberoptic cables, in connects us with someone oceans away. It helps organizations meet with clients via webcam due to voice over IP, via email, via telecommunication, via social media.

Companies across the United States do business in other countries regularly and for various reasons. Some organizations move in to international markets to take advantage of other countries strengths and resources which allows companies to expand and grow their business, revenue, and international presence. The other reason that U.S. organizations move into international markets is to take advantage of the human resource talent, innovation, and technologies. For instance, some U.S. companies have expanded into Asian markets to leverage the technological expertise of local populations, which not only boosts business and capabilities, but also helps to expand their client base (Kokemuller, 2016).

Davis E., Flanagan J., and Steigleder S). The impact that it has on the election process will change the election history. Because of the voting machines malfunction and have security issues there has to be some kind of authority that can protect these machines from fraud, hacking, and breakdowns. Consequently, the matter gets worse in some states and local counties. In order to fulfill the people satisfaction, the government need to do two duties. The first process that the State must do is require all voting machines to produce a voter’s confirmation which will be used for auditing purposes to see if vote match with hand count records (National Conference of State Legislature. 2016). The counties can only do little because it needs the states approval and financial funding. The second process is the federal and states cooperation of buying voting machines or update the system so that it can produce paper records (National Conference of State Legislature. 2016). Many states lack the ability to deliver the requirements unless the federal law enact

Training: The employee will conduct on-line training assignments as well as a short time period of on the job training with an experienced CO-worker to get a feel for the position. Once the trainer feels the employee is capable of assuming his/her duties they will begin their telecommuting position. The Employee will be paid at their full rate during their OJT period.

Americans have been ideologically averse to government involvement in their lives, especially in the world of commerce. The domain of 'private enterprise.' The theory was that firms competed against other firms in open markets. The Japanese and other cultures have shown that this view of the world was not only unrealistic, but also a handicap. There are many firms cooperating with one another and with the government that have emerged to become fierce competitors. Globalization has clearly enriched the rich in the industrial worlds of Asia, Europe, and North America. At the same time, it has widened the gap between rich and poor both within and among countries. AAM started to be globally competitive in 1996, when the plant in Guanajaunto, Mexico was built. AAM had the vision that to be globally competitive, companies must develop business opportunities within the country they choose to do business within. AAM has gone on to build plants in Europe and Brazil.

Expanding globally would be beneficial for the firm’s publicity plus it would be helpful for company’s growth in terms of revenue and market shares. It would provide customers customised services that would meet each and every customer’s requirement. Expansion must be targeted to developing countries.

a) Though the two terms seem similar on the surface, in reality they are quite different. A great manager does not necessarily make a great leader, and a great leader does not necessarily make a great manager. Management controls or directs people/resources in a group according to principles or values that have already been established. Leadership is setting a new direction or vision for a group that they follow, i.e.: a leader is the spearhead for that new direction. The manager uses a formal, rational method whilst the leader uses passion and stirs emotions.

In order to get things done in an organization, management has the authority to give orders to the employees. Of course with this authority comes responsibility.

There are four functions of management: planning, organizing, leading and controlling. The four basic principles of management found in all businesses and corporations. Management is a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment.

Interestingly enough, there are different levels of overlap between my SWOT analysis, and those provided to me by others. There is not a consistent characteristic that appears in every single SWOT, but certain characteristics appear in two or three. The most common strengths that appeared in the SWOTs were leadership, charisma, and empathy. When I was answering the strengths section of the self SWOT, I thought others mentioned generosity, listening and thoughtfulness. I can see overlap in my perception of how others see me, and how they actually do see me, but I had not anticipated leadership as something that would have been visible. In high school, I was actively involved in leadership roles such as student council, worship bands, yearbook management, and the National Honor Society, but at JBU I have failed to truly involve myself in any structured leadership. The opportunities people pointed out for me, as well as the ones I see would be beneficial, would include environments and projects conducive to creativity and interaction with others. As someone who is energized by others, I believe that working in with a motivated team of individuals would be a great opportunity to develop my strengths. In most of the SWOTs, the weaknesses did not overlap. Personally, I would identify my lack of motivation and inability to focus extensively as the largest weaknesses. These weaknesses were reaffirmed by a couple of the other SWOTs.