brief paragraph, please tell us about a time when you had to take a consultative approach to gain buy-in from key stakeholders. What was the situation, what strategies did you use, and what was the outcome?
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In a brief paragraph, please tell us about a time when you had to take a consultative approach to gain buy-in from key stakeholders. What was the situation, what strategies did you use, and what was the outcome?
Selling is a concept where we try to influence the subject to do something. Humans start selling their ideas from the birth.
In business, there are various approaches to selling. Some approach focus on the product while other focused on the customers.
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- In a brief paragraph, please tell us about a time when you had to take a consultative approach to gain buy-in from key stakeholders. What was the situation, what strategies did you use, and what was the outcome? Original answers onlyIn a brief paragraph, please tell us about a time when you had to take a consultative approach to gain buy-in from key stakeholders. What was the situation, what strategies did you use, and what was the outcome? Original answers only. Answer from the perspective of a college student..Assume that you are a high level manager for a shoe manufacturer. You know that your firm could increase its profit margin by producing shoes in Indonesia, where you could hire women for $40 a month to assemble them. You also know, however, that a competing shoe manufacturer recently was accused by human rights advocates of engaging in exploitative labor practices because the manufacturer shipped shoes made by Indonesian women working for similarly low wages. You personally do not believe that paying $40 a month to Indonesian women is unethical, because you know that in that impoverished country, $40 a month is a better than average wage rate. Assuming that the decision is yours to make, should you have the shoes manufactured in Indonesia and make higher profits for your company? Or should you avoid the risk of negative publicity and the consequences of that publicity for the firm’s reputation and subsequent profits? Are there other alternatives?
- You are the Global Human Resources Director for a large MNE in the Film, Media and Entertainment industry. You are considering hiring an impressive young expatriate from South Africa of European heritage for a senior management role in an important emerging market in Asia. However, you are aware that the local subsidiary management team was adamant that this role should be filled by a local person, who understands the cultural sensitivities. Whilst you recognise the importance of these local cultural concerns from the subsidiary, your local Human Resources consultant there has been unable to find a suitable candidate with the required expertise and global experience after a six-month search. This role now needs to be filled as soon as possible. Required: How should you proceed in this situation? discuss the individual dimensions expected of expatriates and consider the three (3) sets of capabilities, which should be considered, in addition to the specific functional skills required…you are a middle manager helping to implement a new corporate cost-cutting strategy and youre meeting skepticism, resistance and in some cases outright hostility from you subordinate. what ways might you or the company have been able to avoid this situation?As the Chief Executive Officer of your company, you must make sure that you take care of your stakeholders and their interest. However, during this pandemic, this responsibility has become harder for you to do- 1. the shareholders are expecting more profits from the company 2. the customers are expecting lower prices of your products 3. the employees do not want to lose their job 4. the owners are expecting more stable business. Questions: 1. As a CEO, who will be your first priority stakeholder. Why?
- Many people believe that public organisations would be better if it were run by private-sector managers using standard business practices. To what extent do you agree with this statement?Create a mind map showing, in your opinion, the main challenges and organizational concerns that affect the issue of Business Ethics nowadays. The intention is for you to show that you understand the factors and issues connected with Business Ethics. In order to analyze your mind map, you are required to write a 1000 word (+/- 10%) report that takes into account the following questions: What do we mean by the term "Business Ethics"? How does the concept of Business Ethics affect organizations in today's continuously changing global environment? How important is it to the effective and efficient running of the organization and how does it contribute to the attainment of its short and long term goals and objectives? Why is it important for human resource professionals to educate other managers and employees in their organizations about HR functions?You are currently employed as a mid-tier manager at a large multi-national entity. Last week, you heard that your company is being acquired by a competitor from another country. Whilst this has been communicated as a positive and mutually beneficial development by the General Manager of your company, you have some reservations based on your experience at other organisations. Required: Based on your knowledge of post-acquisition integration, what are your immediate and long-term concerns? What actions might you take? Discuss.
- 1.Classify the source of conflict in the scenarios described. Employees at Best Enterprises do not know where to report grievances, as there is no proper mechanism or a designated person through which grievances can be reported.Answer the following questions: 1. Identify Porter's Five Forces. 2. Apply Porter's Five Forces model to the automobile industry, first provide examples for each force in the automobile industry, then discuss in detail whether each force has high/low bargaining power, and why. 3. Entry barriers can help firms reduce the threat of new entrants. Identify at least five distinct entry barriers that can reduce the threat of new entrants entering the automobile industry. Please do not use chat GPTHi Can you please assist with the following. While a business organisation is a private enterprise, owned by private entrepreneurs, in a mixed economy, there are government and non-profit-seeking organisations that satisfy community needs. Discuss the differences between a government organisation and a non-profit-seekingorganisation