The weakness of Kudler Fine Foods is that an IPO (Initial Public Offering) has many inherent and potential weaknesses that must be examined prior to selection as a means for expansion. An IPO is the first sale of stock by a company. There are many advantages and disadvantages for the Kudler Fine Foods to go public through the IPO. The advantages include generating more capital needed to expand their three locations The IPOs are very expensive undertaking, and a large portion of any capital acquired will be lost to this cost. Because the company must produce all financial information to the SEC many businesses find it to be very stressful and time consuming which takes time and money away from a company that is thriving like Kudler Fine Foods.
Tootsie Roll Industries Inc. Loan Package In the current corporate arena, the steady decline of business has been evident with company closures, loss of jobs, and foreclosures on properties. For a business to survive in such a harsh environment, a sound business plan is necessary along with knowledge of the marketplace and the needs of consumers (The U.S. Small Business Administration, 2012). A company also needs to review operations to ensure its processes are efficient and cost effective. As a business expands and ages, it requires updating equipment that integrates advanced technology. The proposed plan for financing new equipment and technology will reduce costs, increase product gross margins, and maximize opportunities for dividends.
With the sudden increase in business, Rick Cohen noticed that the company is faced with a deteriorating work environment. Coordination of work and staff had become an issue. To address this problem, he hired more supervisors to oversee the process. The increases in the workforce lead to an overcrowding of workspace. The result was congested aisles that made it difficult for forklift operators to fill orders and store incoming product.
The major causes the larger business failure are the overexpansion. Many entrepreneurs with successful small businesses make the mistake of overexpansion. Fast growth often results in dramatic changes in a business. Thus the entrepreneurs must plan carefully and adjust competently to new and potentially disruptive situations. 6.
He has recently been working very hard on a project to help software developers to help them run their business but overtime this project has become more and more complex. The conflict began when Tang ask to have the project canceled. To his eyes, it was out of the responsibilities that Li should be handled and thought he should focus more on the primary goals. To Li, it as a major problem since he has dedicated big efforts on completing the project and he sees that the relationship build with the customers will be affected by this decision. 2.
Though this organization was successful, they were not successful enough to be in the stuck state they were in. The growth of the Levon Corporation should have been the primary focus of everyone in the company especially the management team. Even though bringing the project management consultant in to outline to the management team the importance of project management functionality was stubbornly agreed upon it proved to be the first and most important step in the company’s change process. The employees will feel their opinions are suggestions are valued as a result of the management team taking the time to hear out the consultant. The apprehension of the management team is understood because that is the culture; however, once the functionality is implemented and the management team sees the growth and positive change, the company will be more adapt to change.
28 (chapter 1) 2. In what kinds of ways did these managers respond to these challenges- for example, in their approaches to planning, leading, organizing, and controlling? The managers used the controlling approach because they had to evaluate the problem so that they can maintain to keep their company going so that they survive even if they had to make some employees unhappy and make tough decisions in the process, but like CEO Donohoe says “ it’s not a popularity contest we have to do what is best for our company” – pg. 35 Reference sited: Gareth R. Jones “Contemporary Management” – managers and managing: controlling, pg. 12 (Chapter1) 3.
Ethics Paper MGT498 Ethics Paper One of the biggest things that big named organizations sometimes tend to forget is that when difficult decisions must be made, they affect everyone within that organization. Whether it be budget cuts leading to loss of hours or layoffs, lower stocks percentages for the shareholders or it can even change things positively, and require more production of hiring. Either way, when issues come up and things change, it is important to keep everyone involved well informed and made in the best interest of those directly affected. In the business world, corporations have a responsibility to the employees as well as the stakeholders to be ethical in their decision making by staying true to their beliefs and behavior to society. When unethical decisions are made, everyone involved in the corporation and its well being are affected in a negative way and will jeopardize the well being of the business.
Employee Motivation Theory Often times companies that struggle with the relationship between the employees and the goals of the organization; sometimes the moral of its employee is thread that sets the relationship apart. Managers have made several failed attempts to establish that relationship with the employee to knit them together with the goals of the organization. Therefore, the company level of accomplishments is diminished. A good manager has learned good people skills, and often times he/she is able to motivate their employees to increase their output. It is important to be able to penetrate any barriers that the employee may have as a defense mechanism.
“Managers are faced with a paradox. They are told to change their organizations or risk Them perishing; at the same time, they are told that their organizations are at risk of perishing because of the disruptive impact of change” ( ) To put this in simpler terms, many organizations are caught between a rock and a hard place. Nowadays organizations find themselves in an environment where the must stay relevant or they’ll be forgotten while maintaining a brand identity that sets them apart. It could be said that phenomena such as globalization has integrated organizations like never before but also has isolated them as well. External pressures, as well as some internal, act as change agents that organizations must contend with on a daily