Concept explainers
Case summary:
In the mid of 21st century, the global population is predicted to reach around 9.7 billion people, a 33% rise for the overall population. To stave off the hunger in the upcoming years, the growers are developing to unfreeze their thought on how to develop crops in favour of going towards much precise and sustainable approaches, which generates greater yields.
The agricultural department of Country U forecasts that the overall economic loss from the animal sickness and death is larger than $5 billion, with global losses. Company BD could assists in facing the above challenges and supports the trend of sustainable farming. The company is changing the way on the growth of food globally.
To discuss: The way Person X would unfreeze, move, and refreeze the views of his employees on utilising data and technology.
Want to see the full answer?
Check out a sample textbook solution- Imagine you are the new Head of Learning and Development. Which department should be involved in this following case? The senior managers of a large financial institution recognize the importance of training and development for their staff. They have a clear policy that not only should staff be trained and developed to meet the licensing and legislative requirements that apply to their area of business, but that staff should also be encouraged and enabled to engage in other appropriate development activities. The middle managers, who largely look after staff performance and development, all welcome this policy. They have made it clear to all of their staff that development opportunities are available and can be applied for at any time. Many individual managers have therefore put together a list of courses that they think might be of interest to their staff, and make these available to staff so that individual members of staff can pick-and- mix the courses that they feel they would…arrow_forwardCan you assist with the below assignment?Environmental Issues Faced by Business and SocietyResearch and explain the importance of an environmental issue (fracking, hazardous waste disposal, oil pipeline leaks, deforestation, etc.) faced by business and society.Additionally, describe at least two strategic approaches organizations are using to respond to the issue.The requirements below must be met for your paper to be accepted and graded:Write between 750 â 1,250 words (approximately 3 â 5 pages) using Microsoft Word in APA style, see example below.Use font size 12 and 1â margins.Include cover page and reference page.At least 80% of your paper must be original content/writing.No more than 20% of your content/information may come from references.Use at least three references from outside the course material, one reference must be from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted…arrow_forwardCEO duality refers to a situation in which the CEO formulates and implements strategies.the CEO serves as both the CEO and the chair of the board of directors.the CEO is responsible for acting as CEO and serving on the compensation committee.the CEO is responsible for acting as CEO and Chief Operating Officer (COO).arrow_forward
- Management is the process of planning, organizing, leading, and controlling resources within an organization to achieve its goals effectively and efficiently. It encompasses a wide range of activities and responsibilities aimed at coordinating the efforts of individuals and teams to accomplish shared objectives. Planning involves setting objectives, identifying strategies, and developing action plans to guide organizational activities. Organizing entails structuring roles, responsibilities, and resources to facilitate goal attainment and streamline operations. Leadership involves inspiring and motivating employees, providing direction, and fostering a positive work culture conducive to high performance. Controlling involves monitoring progress, evaluating performance, and making adjustments as necessary to ensure that organizational goals are met. Effective management requires a combination of analytical skills, communication abilities, interpersonal competencies, and strategic…arrow_forwardEffective management is crucial for the success of any organization. It involves coordinating resources, people, and processes to achieve predetermined goals and objectives efficiently and effectively, Good management encompasses various functions such as planning, organizing. leading, and controlling. Planning involves setting objectives and determining the best course of action to achieve them. Organizing entails structuring tasks and allocating resources to accomplish the plan. Leading involves motivating and guiding employees towards the attainment of organizational goals, Lastly, controlling involves monitoring progress, evaluating performance, and making necessary adjustments to ensure that goals are met. In today's dynamic and competitive business environment, skilled managers play a vital role in driving innovation, fostering teamwork, and adapting to change. Question: How does effective management contribute to organizational success in a dynamic and competitive business…arrow_forwardImagine that the start-up company that you proposed to create for your assignment is very successful in twenty years and a large component of it becomes virtual. Outline the focus of your start-up company, its products and services, and its customers. Describe three factors that could make a significant part of the start-up company operations to become virtual. Describe two ways you would manage the virtual component of your business.arrow_forward
- Explore the ethical considerations of using AI-powered algorithms to predict and preempt customer conflicts. How can companies balance predictive analytics with privacy concerns?arrow_forwardEvidence suggests that the employees who already have the highest skill levels in an organization are the most likely to receive further training, while the lower-skilled employees most in need of training are less likely to receive it, either because those employees decline opportunities or because they are not selected to participate. Why might the situation described above happen? What criteria should be used to determine who is selected to participate in training programs? How can organizations encourage lower-skilled employees to take advantage of elective training opportunities?arrow_forwardA little over two years ago, Avondale Industries acquired a company that produces a line of adhesives and sealants used in the aerospace industry. The acquisition was shortly followed by providing the best and brightest employees in the division with training every three months on topics selected by the group. A year later, the adhesives and sealants division developed a new sealant that lasts longer, is less expensive to produce, and is more effective in preventing the spread of fire or flames from the engine compartment to the airplane and preventing air leakage. The new product resulted in a sustainable competitive advantage in the market. Which of the following statements best explains how training contributed to the division’s new competitive advantage? The training gave the employees the opportunity to demonstrate their many skills and competencies to the company. The training taught the employees how to look at competitors’ products and determine how to make them…arrow_forward
- You have just been hired as a brand manager of toothpaste for a large consumer products company. Your job mainly involves encouraging the advertising and production groups to promote and manufacture your product more effectively. These departments aren’t under your direct authority, although company procedures indicate that they must complete certain tasks requested by brand managers. Describe the sources of power you can use to ensure that the advertising and production departments will help you make and sell toothpaste more effectively.arrow_forwardGenerally, Crises affect businesses negatively and therefore, many businesses revise their policies to cope with the challenging situation. Currently, COVID-19 adversely affects almost every business in the world. To keep employees, retain and engage is one of the main challenges for organizations and many organizations are trying to tackle this challenge through various alternatives. Consider yourself as an HR manager of a Pharmaceutical company in Karachi and answer the following policy questions asked by your top management Q1. What are those factors that you will consider for designing the incentive plan to retain your best employees (i.e. direct financial payments or indirect financial payments)? (Support your answer with an example. Q2. Critically evaluate which approach is best suited to evaluate the compensation of employees in the current situation? Support your answer with an example.…arrow_forwardWhat role should a business manager play in helping determine the computer hardware that the organization will use?arrow_forward
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON