Marketing Wal-Mart in China
Assignment 6
Complete and submit Section 2 of your term paper:
SECTION 2: TRADE AND INVESTMENT
1. Business case for marketing a product or service in selected foreign country
· Description of country government/political system, laws and cultural idiosyncrasies that influence doing business in selected country (1 page)
· Rationale for economic integration of company’s product/service with selected country including country’s trade and investment opportunities
1. How trade and investment theory effects your business opportunity
· What business advantages does the country provide? (Employ at least one of the tools of trade theories such as division of labor, input-output analysis and economies of scale) (3-6 paragraphs)
· How will your new offering improve the welfare of the population in your selected country? (3-6 paragraphs)
C. Strategic implications of your investment decisions for your new offering
· Create a direct foreign investment decision sequence for your new offering
· How do you rationalize your decisions in the sequence? (1-2 paragraphs)
· Will your new offering improve the welfare of the population in your selected country? If so, how? (3-6 paragraphs)
· Is your company a “seeker” or “exploiter?” (Justify your answer) (1-2 paragraphs)
Ethics and social ResponsibilityAnalyze the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs
Ethics and social Responsibility
Ethics and Social Responsibility
Introduction
Business ethics in any organization can be seen as the acceptable way of doing things [“thing” is a weak usage; what is the essence of the thought here? Can it be rephrased more strongly?] to enable good relations between the business and other stakeholders that form the business. Therefore, business ethics can refer to the set organization practices and principles that govern and shape people in an organization. Any organization should do business in a manner considered ethical and socially responsible. Strategic plans made by managers should consider all the relevant stakeholder’s needs. It’s done to avoid any negative effect on the stakeholders by adhering to all the ethical standards (Aguinis & Glavas, 2012). Business managers, therefore, have a role in striking a balance between the organization’s stakeholders plan and the set ethical and social responsibilities through the development of preventive actions.
discuss the follwing
[Think about the power of words. Often, fewer (not more) words are more powerful. Spend seven minutes editing for concision only: which words can be removed, and do they make the passage stronger or weaker?]
Overstepping ethical boundaries
Preventative measures
I
strategic planning techniques-Describe strategic planning techniques used to formulate alternative strategies designed to achieve stated business goals
Assignment 4: Presentation
Due Week 9 and worth 70 points
Presentation (MS PowerPoint or equivalent)
- Create a 12-slide presentation. Follow the outline on pp. 343–346 for the critical slides of your presentation and their placement. Click here for help accessing a specific page number in your eBook.
- Hints: Include the highlights of your elevator pitch, which shows that you understand your business. The elevator pitch is a concise description of your company—its product, market, competitive advantages, and so on. Whether pitching your business to an investor or describing it to a potential connection at a networking event, you need to be able explain your business succinctly to someone in the amount of time it would take to ride up a few floors in an elevator. Use the worksheet in the text (p. 362 | Your “Elevator Pitch”) to develop your elevator pitch.
- Hints: You must limit your presentation to twelve (12) slides. You do not want to overwhelm your audience with too many slides or bore them with information they already know.
- Cite three (3) resources you have used to complete the exercise.
- Citations and references must follow APA format. The reference page is not included in the required page length
The specific course learning outcomes associated with this assignment are:
- Describe strategic planning techniques used to formulate alternative strategies designed to achieve stated business goals.
- Create a plan to implement a firm’s strategy and manage the change from current operations.
- Analyze strategies for exerting the internal leadership needed to drive the implementation of strategic initiatives and improve operating excellence.
- Use technology and information resources to research issues in strategic management.
- Write clearly and concisely about strategic management using proper writing mechanics.
evaluate the overall importance of OSHA and give the opinion on whether it offers enough protection or overregulates the safety of workers
evaluate the overall importance of OSHA.
Next, give your opinion of whether OSHA offers enough protection or overregulates the safety of workers.
analyse its skills
analyse its risks and the way of risks management
Support your response with specific details from the selected news story.
Unions versus OSHA-evaluate the overall importance of the National Labor Relations Board
Unions and OSHA
respond to the following:
evaluate the overall importance of the National Labor Relations Board.
Next, summarize the pertinent details of the case that you have selected
give your opinion of the Board’s decision and the fairness of the outcome
Support your response with specific details from the selected case.
International Human Resource Management-Critically review and analyse the importance of HRM and its practices in an organisation, and how it can be linked with organisational behaviour activities in overcoming business issues and challenges for a better performance of the organisation.
International Human Resource Management
Module Learning Outcomes
LO1
Critically review and analyse the importance of HRM and its practices in an organisation, and how it can be linked with organisational behaviour activities in overcoming business issues and challenges for a better performance of the organisation.
LO2
Critically review and analyse the framework of leadership and consider the nature, strengths and weaknesses of the various approaches: traits; functional; behavioural; style; contingency. The continuum of leadership behaviour should be explored in some depth with consideration of the factors determining the chosen leadership style.
LO3
Discuss the concept of organisational behaviour and its interface with management. Review and critically synthesize the various influences on behaviour in organisations and the interface with management in integrating and balancing these.
LO4
Asses the role of IHRM and its impact on global organisation. Identify some of the key HRM challenges facing organisations working internationally. Discuss the prevalent HRM practices and integrating the best practices in global organisation.
Case review-Riley accepted an administrative assistant position at a local high school two months ago. She is assigned to assist the head principal of the school. Her core responsibilities include filing, student data entry, and processing tuition payments.
Details of Case
Riley accepted an administrative assistant position at a local high school two months ago. She is assigned to assist the head principal of the school. Her core responsibilities include filing, student data entry, and processing tuition payments. The hourly pay is not what she had hoped for but she will receive a performance review in 90 days that may allow for a pay increase per her performance rating. The position she filled had been vacant for an extended period of time, which left many administrative duties undone. She is excited about her new job and very enthusiastic about the new and challenging tasks given to her to get the files back into order.
There are three office staff members assigned to handle student issues and the daily functioning of the school. Martha is a senior and elderly office aid who is partially disabled and can barely stand for long periods of time. Daniel, the receptionist, has a spotty attendance record because this job is one of his three part-time jobs. Lastly is Linda, who tries to keep everything together by making up for the deficiencies of her co-workers.
Riley’s first month went by smoothly as she started to get a handle on her job duties and performed well. However, Martha had taken a fall at home and is now out on medical leave. Daniel, when he shows up, is not much help as he believes that answering the phone is his only responsibility.
Riley, young and full of energy, decided to be a team player and help Linda who has been running around the office trying to keep things operating by herself.
Riley finds herself handling parent and student issues when they arise. Parents randomly burst into the office when there is an issue with their child or the school. Disciplinary students are sent to the office by their teachers to be reprimanded. However, Riley enjoys working with the students, and they now look to her to resolve their issues of lateness, uniforms, early dismissals, etc. Even the parents are taking advantage of her ability to immediately handle their issues and complaints. Success in these endeavors gives her joy and a sense of value being the go-to person in the office.
Now Riley has been called into the principal’s office to be reprimanded as the principal has been raising the issue of new students’ files not being updated and grades not being entered in a timely manner. She explained that she had been helping the office staff with parents and students.
While the principal has expressed her appreciation, she explains to Riley that she has an annual report that she has to submit to the school board and it must be completed in ten days. Therefore, while she is helping out in the office, student files, grades, and tuitions must be updated and recorded in order to generate an annual report.
Juggling her core responsibilities and assisting the office staff, Riley is feeling overwhelmed and underpaid as the job that she has accepted initially has changed dramatically. Due to her high energy and work ethic she pushes through each day despite being mentally and physically drained.
The mental and physical stress has caused her to withdraw from being a team player. She is drifting back to her cubicle next to the principal’s office more and more each day. Martha, who has gotten use to her being there, calls on her for help, but Riley insists that she has too much work and cannot assist at that time.
Executive Summaries – MGMT 3010 – Organizational Behavior:Identify the most critical problem represented in the cases. Each case is specific to the content of the chapter, and these assignments are application-oriented. State the problem first, in clear terms, and use terminology related to chapter content where appropriate.
Executive Summaries – MGMT 3010 – Organizational Behavior
What is the problem?
Identify the most critical problem represented in the cases. Each case is specific to the content of the chapter, and these assignments are application-oriented. State the problem first, in clear terms, and use terminology related to chapter content where appropriate.
There may be several that are contenders for most critical, therefore, it is required that you give a brief explanation as to why you feel the one you’ve chosen is the most critical. This needs to follow your problem statement.
Note: While your problem must be tied to the relevant week’s chapter content, there is no one right answer to this question, as you’ll likely identify more than one problem, so the key is in that brief explanation as to why you feel this is the most important problem. You are essentially creating an argument for why this particular problem is the one that needs to be addressed, and this will become important later in the assignment. This is where your critical thinking skills will come into play in this section.
How to succeed in this section: Clearly state the problem up front, in concise yet thorough terms that tie to chapter content. Explain why you believe this is the most critical problem to address using concepts from the chapter and your critical thinking skills in analyzing what is happening in the case.
What are your recommendations?
Review the material in the chapter that most pertains to what you’ve discussed above and look for practical recommendations to solve the key problem you’ve identified. Combine this information and any personal OB knowledge or experience to generate 2 brief recommendations. Include a brief statement explaining how this will help solve the problem.
This section has two parts, and they are both critical. You need to both state the recommendation and explain how it will solve the problem, in that order. Recommendations must be actionable, which means that anyone should be able to read the recommendation and know exactly what actions to take to fix the problem. No generalized commentary or recommendations. The executive you hand this to may very well delegate the recommendations.
Again, there is no one right answer (I can’t emphasize this enough!), the key to success is in being on-point in addressing the problem and explaining how it will help. Your answers here MUST DIRECTLY tie to the problem you’ve identified on the first page.
The explanations as to how the recommendation will help must be direct and straightforward. As long as they explain the connection to the problem as identified, they don’t have to be complicated. Also, double check yourself by working your way back up the assignment from the recommendations to the main problem you’ve identified. They should directly tie together in that the recommendations should directly address the problem. Terminology should appear in both places.
How to succeed in this section: Clearly state two actionable recommendations, each followed by a statement explaining how this particular recommendation will solve the problem. Use concepts from the chapter and your critical thinking skills to identify high-impact recommendations and explain exactly how they will solve the problem you’ve identified.
General notes:
Don’t read into the case or make assumptions that are not supported by information in the case; stick with the information that’s there and you will have plenty to work with.
Somewhere in the document, you must incorporate, appropriately, chapter content. This may be an outcome you pick up from the case, part of the problem, or the problem itself. It is critical that you demonstrate your knowledge of chapter content and its application through critical thinking for this assignment.
The more you are able to link your assignment to the case and chapter content, and explain the rationale in both sections, the better grade you will get. The difficulty is in doing that in the small space you have available to you. And, the reason why I give you so little space is because in reality, someone reading this information in the workplace will not spend a lot of time, so you will need to practice being very brief yet very thorough.
By way of example, most executives, the target audience for this assignment, will spend no more than 30 seconds reading any document you put in front of them. When I review these assignments to grade them, I will spend 30 seconds reading them. If I cannot understand the problem, why it’s important, your recommendations and how they’ll solve the problem in that time frame, you will not be able to convince an executive to listen to your ideas. This assignment is about developing your critical thinking skills, but also developing your professional communications skills and credibility on the job.
The sections should connect to each other. You should be able to read the assignment from the top down and also from the bottom up and it should make logical sense when reading both ways. In other words, you should be able to read the recommendations and know what they are targeting.
A note on formatting:
There is no one right or wrong way to format this assignment. Part of what you are learning with this assignment is a way to develop your own way of communicating a large amount of information in a small space. The summary needs to be:
Readable (in 30 seconds)
Understandable (anyone reading the document should be able to understand what you have written, this relates to both content and grammar, spelling, etc.; it’s likely that if you hand this to an executive, they will delegate handling it to someone else)
Comprehensive / Thorough (there should be no further questions needed to clarify what you’ve written in either portion of the assignment – see “Understandable” above)
Succinct (i.e. to the point; all business communications should be succinct, period.)
Professional (you are presenting this information to an executive, and it needs to reflect that)
Beyond, that, how you choose to format the information is up to you. Where appropriate and professional, feel free to use tables, bulleted lists, and formatting techniques to guide the reader through your content.
How to succeed on this assignment: Present a professionally-written, concise, thorough, and understandable document that states the problem presented in the case (see notes above) and presents actionable recommendations (see notes above) to solve the problem you’ve identified.
FAQ’s:
Will you give us a template for this assignment? No. You need to develop your own way of presenting this information, a way that is comfortable to you. Why? You will be asked to provide all sorts of information in an executive summary format, quickly, and in some cases in differing formats (e.g. PowerPoint, Prezi, verbal only [you’ll want notes], interpretive dance). You need to develop a mental framework for yourself that you can use on the fly and a format I give you may not be appropriate.
Why is this assignment so ambiguous? This assignment is ambiguous because workplace problems and the resources you have to identify and solve them are ambiguous, changing, and unique to the organization and job / type of work that you do. This assignment teaches you how to think and present information, not fill in boxes.
But, “readable”, “understandable”, “comprehensive”, “succinct”, and “professional” are all subjective terms! How can I succeed when the grading criteria are subjective?You will learn, from me, but also from your classmates, as we go. Do not expect this assignment to be easy from the get-go. This is why we spend the first weeks in class, learning how to do the assignment. Grading for this assignment will be on a curve while we are doing the assignment in class, because of this. After we go through it a few times, and we discuss the assignments as a class, things will start to click, and you should feel more comfortable about what these terms look like when you’re doing the assignments on your own.
Why are you making us do this assignment? I’m making you do this assignment for several intellectual and professional reasons. Here are some: a) it will hone your critical thinking skills; b) it will hone your communication skills; c) it will provide you with a framework for communicating information to those above you in the organization in a way that they will easily digest, therefore; d) it will improve your credibility on the job, therefore; e) your name will be remembered when it comes time to promote someone; f) many junior level employees have great ideas (fresh eyes) that will go overlooked if they can’t be communicated effectively; g) I guarantee that at some point you will either want to, or be asked to put together what is essentially an executive summary.
Case Study 1 – Human Resources Policies:The problem in this situation is that Mark has fallen prey to three perceptual biases associated with the performance evaluation process.
Sample Executive Summary
Case Study 1 – Human Resources Policies
Issue
The problem in this situation is that Mark has fallen prey to three perceptual biases associated with the performance evaluation process.
In the first year, Mark’s evaluation of Dan shows a halo effect; there is evidence that Dan has strong technical skills, yet Dan rated him “satisfactory” and noted that Dan was not sociable.
In the second year, Mark’s evaluation of Dan shows an anchoring bias; despite showing improvements, he made no adjustments and again rated Dan as “satisfactory”.
In the third year, Mark is demonstrating confirmation bias. He is actively ignoring information that does not support his view that Dan is a “satisfactory” performer; Dan’s performance evaluation was not adjusted for a major award given for creativity in problem solving, areas Dan has been working on for the last couple of years.
Background and Conclusions
Mark’s perceptual biases are a significant problem because Dan has been unnecessarily subjected to distributive and procedural injustices that may have affected his motivation. job performance and job satisfaction. Even more critical, Mark’s general tendencies toward biases in performance evaluations have the potential to spread to those that Mark coaches in writing performance evaluations or affect others who receive evaluations from Mark.
Recommendations
In the future, I recommend utilizing a 360-degree feedback system for gathering information related to all performance evaluations. Feedback from differing points of view helps to offset any one person’s biases.
I also recommend documenting performance-related information throughout the year. Biases can be offset with full information about an employee’s performance across time, since it’s less likely the information will be ignored or overlooked.
Create an executive summary from case file no 1. Review MGMT 3010 Executive Summary and The Executive Summary file to follow guidelines and requirements.
Create an executive summary from case file no 1.
Review MGMT 3010 Executive Summary and The Executive Summary file to follow guidelines and requirements.
Compare sample with the Sample Executive Summary Provided
