When it comes to organizational culture affects the way workers respond and react when positioned in ethical problems Organization’s culture can disclose the unwritten ethical standards that guide workers in their decision-making. Some companies can prevent unsafe ethical behavior by changing their organizational culture. Organizational culture is the study of the attitudes, beliefs and psychology within an organization. It not only includes how workers act together, but also how they connect with others outside of the organization. Ethical standards are the code of conduct required by the organization for workers to follow.
Identify the main reasons for reviewing working methods, products and / or services in a business environment. The main reason why a business should review working methods, products and / or services are to ensure that they are keeping in line with other businesses. An example of not keeping up with the times is HMV. Change can cause added pressures to the business. However there are changes that would have a small affect on the business.
Justify your answer with reference to Novartis, Google and/or other organisations that you know (40 marks) Diversification can be defined as the practice under which a firm enters an industry or market different from its core business. This shows relevance in regard to a company’s corporate strategy, as it is the change in the company’s direction of business. The company is wishing to diversify their methods whether that is the product, market or service. A business strategy is the means by which it sets out to achieve its objectives, it can be described as a long-term business planning. The definition would describe growth as the process of improving measures of an enterprise’s success.
Niles Co. has the following data related to an item of inventory: Inventory, March 1 100 units @ $2.10 Purchase, March 7 350 units @ $2.20 Purchase, March 16 70 units @ $2.25 Inventory, March 31 130 units 100. The value assigned to ending inventory if Niles uses LIFO is a. $290. b. $276.
How can the presence or absence of natural resources and arable land affect a nation’s economy, regardless of the type of economic system? 4. How can life expectancy and literacy rates affect the quality of labor in the economy? Does this influence the type of Economic system a nation runs? Why do you think the way you do?
Organizational change processes are theories that can be applied in the business world. Carefully planned businesses changes are helpful because the theories have been carefully prepared and researched. Business owners should consider business trends to stay competitive in today’s economy. The staff mayt need to learn new skills or modify job duties. Because management and boards oversee businesses, they should carefully examine the impact of any change on the business.
The environmental scan provides information about the present status of KFF and displays the internal and external environment of the business. The internal environment consists of the strengths and weaknesses of KFF. The external environment pertains to the opportunities and threats of KFF. KFF is experiencing growth at this time but the company has to be aware of the industry it
In this type of decision making process, the various types of constraints that affect the decision are financial, legal, market, human, and organizational. Each of these constraints potentially can affect another, which in turn affects the organization. Another technique used to assist in the simulation was Pareto Analysis. In this technique the team was able to prioritize the possible changes by identifying the problems that would be resolved once the changes were implemented. Proposing a new variable pay scale, will affect how the employees are performing, sales, profitability, attrition, as well as the overall well-being of the store.
The personal values of the manager will affect his or her decisions and leadership style. Using a tool like the Williams Institute Ethics Awareness Inventory Assessment will give the manager an idea of his or her ethical profile and allow then to see if they match the ethics of the company. Using the profile the manager can better serve the company by applying his or her values in an area that may need their
Individuals who live in the environment has behavioral issues and things need to change for the better of the environment. Individuals take time for beliefs of the environmental ethics. To use the five methods for individuals to handle environmental issues there should be more education on what can help them with their change of beliefs for environmental ethics. First method is awareness of the behavior of the society and the challenges of the environment. Contemplation can help individuals engage into the issue for they can be aware of what's going on in their society.