B. corporate culture can be managed by directly modifying the observable culture, shared values, and common assumptions that deal with issues of external adaptation. C. good managers are able to help build resilient cultures in situations where the features of strong cultures are absent. D. corporate culture can be managed by using organizational development techniques to modify specific elements of the culture that address both external adaptation and internal integration. 5) The __________ culture includes the unique stories, ceremonies, and corporate rituals that make up the history of the firm or a group within it. A. observable B. shared C. latent D. common 6) Organizations are encouraged to develop a dominant and coherent set of __________.
Level 2 Certificate in Principles of Business and Administration Unit 1: Principles of personal responsibilities and working in a business environment Assessment Section 1 – Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible, use an example contract to support your answer (feel free to obscure any confidential information). Salary Hours of work Pension infohrmation 2a) List three key points of legislation that affect employers in a business environment. Health and safety Pay and pensions Data protection 2b) List three key points of legislation that affect employees in a business environment.
John majors government came into office after the downfall of Margret Thatcher, which ultimately created divisions within the party. Not only did the party suffer from the internal conflict but also faced the problems of the recession after the ‘Lawson boom’. In order to stabilise the economy he joined the ERM getting a good deal but ultimately resulting in ‘black Wednesday’ causing Major to raise interest rates to 15%. This was political suicide and he soon lost the support of the press we had once relied so much on to get re-elected in 1992. The housing market also plummeted leading to negative equity, which the majority of the working class could not afford resulting in the repossession of their houses combined with the drastic increase in unemployment Britain was in a mess.
Working conditions were harsh for the American industrial worker in the 1800s. With the boom of the Second Industrial Revolution and the need to expand business to meet consumer demands, employment opportunities opened at a rapid rate. In order to maximize profits, however, workers were given very few luxuries. Most factories had deplorable working conditions and were unsafe. Many workers lost hearing from loud machinery, lost limbs in hazardous equipment, and even lost their life due to the apathy of factory owners.
Revenue fell 4 per cent to $7.9 billion. Qantas' domestic operations reported a 74 per cent fall in pre-tax profit to $57 million, which was blamed on intense competition in the domestic market and growth in capacity. But it was overshadowed again by Qantas' international operations, which slumped to a $262 million loss compared with a $91 million loss previously. This article refers to Qantas cutting down jobs for many workers. This is an internal issue- business management; this affects the business in a negative way.
Because of these economics times that the world is currently in, the company found its business in disarray subsequently an action plan was put in place for the company could be saved. More than 34,000 of jobs were lost in the US and Canada alike at that time. As of January 16th 2009 a week after the motions were initiated in court, Circuit City decided to close all 567 remaining stores in the United States. The lost of these jobs have not only affected the company but their employees have suffered irreversible damage in these economic times. The communities were these jobs were lost have been devastated.
General Motor's decision to close 11 factories allowed the corporation to gain more money but put thousands out of work, devastating the workers and the towns they lived in. The corporations should think of how their decisions affect people. Although this move may provide Americans with cheaper jobs, it has added thousands more to the already high unemployment. After watching the movie "Roger and Me," directed by Michael More, one would notice the changes in the town of Flint after the closing of the factory. While senior management is getting raises and expanding their corporation, people are living in misery because of the lay-offs; this could change if the corporations gave those unemployed some compensation.
Before the depression occurred, companies were making more goods than consumers were buying and because of this many employees were laid off and since no one had the money to pay their debts. So to make up for this lost cash everyone wanted to sell their stock and since everyone wanted to sell their stocks and no one wanted to buy stocks the value of stocks fell dramatically, This can be shown in the quote “A panic set in. Soon everyone wanted to sell their stock at the same time,” which shows how people reacted to the large fall in stock value. When the economic collapse occurred this caused the price of goods to rapidly deflate. And because Canada relied on the income of exports, many businesses and manufacturers became bankrupt.
Unemployment Unemployment has become a part bigger part of our economy over the years. The great recession that lasted from 2007-2009 contributed a higher rate of unemployment after the collapse of some of our highest financial institutions. It has impacted our economy a lot stronger than during the other financial crises. House values went down, and no one could afford to pay for their mortgages after they lost their jobs. Some stores experienced lower sales and started to close down their stores which led to even more unemployment.
The dramatic economic downturn in the world economy that hurt so many workers starting in 2008 only accelerated a decades-long trend toward more precarious jobs and the unstable hours, low wages, minimal benefits and insecurity that this work means for so many, as led decline in union membership and activities. First is the emergence of an increasingly competitive business environment, in which firms have