b) Explain why you should respond positively to changes in products or services. It is important to respond positively to changes in products or services because it is likely it will increase your business turnover. A company will want to review its services and products so that it keeps up to date with the expectations of its customers. This will ensure the company can stay competitive and meet its targets and objectives. c) Identify ways of responding positively to
How can an organisation encourage suppliers—both internal and external—to participate in actively ensuring quality standards are maintained so that fewer customer complaints are likely? The way to assure your suppliers will provide you with quality goods and services is to form a customer-supplier partnership with them. You can that by working together, sharing motivation for quality goods, and helping each other to do a good job. Introduction In any business or job situation, your prime goals to satisfy your customer with quality goods and services. But in order to effectively satisfy your customer, it's essential your suppliers also provide you with quality goods and services.
These manufacturing methods can be replicated by other businesses in the countries and improve their ability to manufacture goods. This improved ability to manufacture within the country and should lead to an increase in the GDP of the country. This will improve the trade and relations between the country and many others. Also in some cases these MNC's will invest in the infrastructure of the country. This will improve the trading process for not only the company, but also the rest of the country.
Kantian ethics is the best approach to the issues surrounding business ethics There are a number of issues which are created by business activity. Firstly, how are businesses relationships with their consumers? Secondly, how businesses relate to the environment, for example with pollution, or sustainability, or treatment of waste. Another is whether businesses follow moral principles like honesty in their dealings. Kant says that people in business should act out of duty alone, not self-interest or desire to earn huge amounts of money.
The opportunity is if you change negative conversations to positive, you can change the culture for the better. However the challenges is; if you don't change the dialogs between management and the corporate culture, the culture will not change and conversations that do not support the desired changes will make progress particularly hard to achieve and (2) encourage formal and informal action-based learning. Action-based learning has become an important tool for helping employees understand the implementation of culture development. In other words, the employee studies their own actions and experience in order to improve performance. I would argue a culture of
1.1) The purpose is to become a better all rounded employee for the company thus benefiting the company with better output from yourself. The benefits of improving own performance is not only do you become a creditable asset to the company but you also become a better credit to yourself. Another benefit is that with continuously improving own performance the skills you learn will make every day to day work easier and result in getting work done quicker with less stress. If you’re always learning new skills it makes it easier to adapt to an ever changing business environment. 1.2) Feedback comes in all different way but are almost always positive in some way.
After the market research has been measured over time the business should be able to use the information to improve the business and assist customer’s needs. Market research also gives the business an idea for how much customers would pay for the product. Primary Research is new data that has not been collected before. It allows business to focus on customer’s needs and interests. The advantages of primary research are that the information is up to date and it helps answer businesses questions.
The analysis will also show that, although the flexible leadership theory would be beneficial to APAC, it would not be supported based on the current culture of the company. DISCUSSION How does flexible leadership theory (FLT) apply to Costco's operations and leadership? The flexible leadership theory (FLT) emphasizes how organizations define effectiveness in providing their goods or services to their customers to achieve long-term success and survival. By using the “primary performance determinants” (Yukl 2010) of environmental adaptation, efficiency and process reliability, and human resources and relations, the cofounder and current CEO of Costco has created an atmosphere that encourages excellence. Based on the narrative of the Costco case study supplied by Yukl (2010), Costco has a combination of the clan
Similar to the ideal of our Nation, to increase education and accessibility to all, for our country is better when more people get degrees as our company is. To have any real sustainability as a company, education is a primary factor in the success, not just for the elite few, but also for the masses. The introduction of increased benefits in the tuition reimbursement program will send a significant message of respect and caring to employees. The application of the program will show benefits daily. What better to invest in
This research will try to explain the relevance of the leader’s role in the effective governance organisations and how depending the role-played can alter the organizational outcomes. As a second aim, this essay will introduce the concepts “leadership” and “governance” showing the similarities and differences of both concepts to distinguish between its role and development. For this reason, research pretends to discuss these concepts to full understand the significance of governance and leadership within companies. In addition, a third aim was to expose the differences between a manager and a leader because both concepts are interrelated but also