Some of the very important factors are: Government stability effects businesses in a great range by competing with businesses to lower their costs, transparency is another important factor where anything the business does is revealed to the government and the government know exactly what they are up to. Economic policy of government on businesses is also a very essential factor that effects businesses for example, government sets up rules and frameworks according to which the businesses compete with one and another, so from time to time government changes these rules which forces the businesses to change the way of their set ups. There are also beneficial political factors that help businesses in various ways, these factors can be defined as apprenticeships and funding of schools and colleges which will enhance the skills of the population that will affect McDonalds in having more skilled workers to work for them which will
Environment concerns are important for pressure groups so they try brought onto the business and also protest against the businesses. Trade unions have an interest because they represent the employees in a business. They attempt to secure the employees’ wages and also better working
In fear of losing her job, she does not report the mistake to her supervisor. How should the employee have handled this situation and what should the supervisor do when the situation is disclosed? How does the AICPA Code of Professional Conduct relate to ethics? Provide examples to support your response. The CFO for a corporation deliberately misstates expenses on the income statement purely out of a sense of loyalty to his CEO and the company.
In the article titled, “Going for the Look, but Risking Discrimination,” by Steven Greenhouse states that many retail companies are continuously searching for workers who are sexy, sleek or simply good looking to enhance the image of the company. Greenhouse begins by explaining that applicants must be attractive to get hired. The author continues by discussing a number of lawsuits that have been filed based on discrimination. He explains further that the most common goal among business is hiring workers to project an image. Additionally, the author describes that hiring only those with good looks can run into antidiscrimination problems.
Employee Portfolio Management Plan Summary In organizational behavior, personality traits play the biggest key role. Why? Because the behavior of the people and how they think greatly influences organizational performance, these three things thinking, feelings and behavior, which by the way are personal, affects many aspects of the workplace. If we look a bit closer we find that people's personalities persuade their behavior in some groups, along with their attitudes, and the manner in which they make decisions. Organizational skills hugely affect the people actions and reactions to different situations that happen during work.
Week 8 Assignment Shannon Parks Marilyn Fitzpatrick BUS 409 May 27, 2012 1. Describe the differences between job analysis and job evaluation and how these practices help establish internally consistent job structures. Job analysis is a way for a company to gather, document and analyze different information so that the company can describe the different jobs that are within the company. A job analysis will tell the content of the job duties the requirement of the workers and what the conditions that the worker will be in. Job evaluation is what a company uses to recognize the differences in the relative worth between jobs and by using this it will help establish pay differentials.
Unit 203 – Work In a Business Environment 203.1 Understand How to Respect Other People at Work 1.1 What Is Meant By Diversity And Why Should It Be Valued? Diversity pertains to the differences between people. In the work-place, diversity in mostly mentioned in relation to: age, gender, ethnicity, sexual orientation and health/disabilities. By being aware of the differences between people, employers are able to understand how workloads may affect their staff. For instance, someone with a heart condition may react more negatively (in terms of physical health) to a high stress project than someone with no heart problem.
Unit 203: Work in a business environment Outcome 1: Understand how to respect other people at work 1.1 Describe what is meant by diversity and why it should be valued. Diversity is recongnising and accepting differences. Diversity should be valued as no one person is the same. We are each different in many ways and can all bring something different to the workplace. These differences can be race, customs, religion, physical appearance, skin colour, varying mental and physical abilities or even the way that we dress.
Motivational Methods HCS/325 October 10, 2011 Jamee Smith Motivational Methods There are many different motivational methods used in the workplace. One key player is inspiration, which is unavoidable in the workplace. For a future manager it’s important for them to know different ways of inspiring employees so that work is done more efficiently. Through this paper the different methods will be discussed and show the significance of inspiration. The inspirations of workers can a large problem for managers in business.
Economic Organization Culture Organizational culture is a phenomenon that exists in all companies. Author Edgar Schein stated that culture is not only a dynamic phenomenon that is created by our interactions with others but also a set of structures that help guide our behavior. Most of the authors and researchers focused on the psychological aspects of why culture appeared and how they influence the organization. Organizational Cultural Impact on Productivity As the world gets smaller, companies continue to increase and diversity get more relevant as cultural topic. Many leaders approach employee diversity as a situation to be avoided.