Stakeholder signifies an individual or individuals who take concern or interest in anything, majorly commerce. (Grimsley) CEO is accountable for the failure or the success of the organization. Both the organizations John Deere and the Caterpillar requires the tasks to be carried out efficiently such as marketing tactics, operations financing, firing, human resources, formation of the culture of the organization, hiring, sales, compliance with the protection directives, PR, etc. The entire of these activities are tackled from the CEO. Stakeholders can decide a plan for the commerce.
|Learning objective |Place in Assessment | |1.1 Explain reasons for change in a business environment |Question 1 Page 1 | 1. Explain why change happens in a business environment. You should include at least three reasons for your answer. [1.1] Within a business organisation, there are various factors that can influence changes in a business environment, for example, there are external pressure and internal demands. Those influences can be measured by using the PEST analysis acronym that is the Political, Economic, social and technology.
Why consider an organization’s approach to IM/IT resources and services as an exercise in portfolio management? •forces you to relate specific IT investments with the associated business need(s) and value propositions •provides a framework and standardized lens for the assessment of all IM/IT investments as well as measures for valuing those investments •focuses on a methodology for the valuation of IM/IT projects that connects well with the understandings of enterprise business leaders and IT governance •allows for year to year measurement of changes in IM/IT investments versus the impact (attributed results generated) by those investments •allows for qualitative if not quantitative comparisons between various IM/IT investments pursued by business units within the same enterprise and conceivable between competing businesses within the same industry How does an IM/IT portfolio management methodology help to serve the needs of the greater organization and facilitate a better appreciation by the business of its IM/IT products and services? •the organization has the following information resource management needs: • o to transact o to manage, control, make tactical decisions o to innovate, transform, increase its strategic competitiveness o control costs and improve overall performance •the portfolio model tracks and measures IM/IT project and service value and performance in the very manner that the business thinks of and measures value in these and any other corporate investments; aligning the description of and thinking about IM and IT investments in this manner allows for a common basis for understanding •IT transactional value is all about cutting operational costs and/or improving the efficiency of existing operations. •IT informational value is all about enabling management, control, and decision making. •IT strategic value is all
Research at least one company and describe the strategic management process that the company uses. Format your paper according to APA standards. MGT 498 Week 1 DQs 1 ,2 ,3 Included MGT 498 Week 2 Individual Assignment Ethics Paper Write a 700- to 900-word paper in which you do the following: Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and what types of preventative measures could be taken to avoid this type of situation. Format your paper according to APA standards.
Current Events in Business Research Charisma Williams RES 351 March 19, 2012 Jim Patton The Business research process begins with a problem, a management dilemma. A management dilemma is simply “a problem or opportunity that requires a managerial decision.” (Cooper & Schindler, 2011) . Businesses today large and small, for profit or not-for-profit, have problems that need managerial decisions. The business research process starts with the management dilemma and through exploration refines the research questions until the problem is clearly defined. When the problem is defined the research proposal is created.
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). There are multiple points that must be included in the contract of employment. Four of these include the Employers name, Job Title, Duties and responsibilities and also the Salary. 2a) List three key points of legislation that affect employers in a business environment.
Critique: Defining Moments by Joseph L. Badaracco, Jr. Synopsis The book Defining Moments analyzed the various philosophical ideologies that provide managers a guideline for making critical business decisions. The book examines three different managers in specific situations where a right versus right conflict is presented before them. Chapter by chapter each situation is examined and compared to a particular philosophy that was applied to the outcome. Steve Lewis, Peter Adario, and Edouard Sakiz face different pivotal moments that will require each to make a decision that will define their and/or their company's values. Each decision made says some things about the person that has made it.
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.
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). Company name and place of work For example: Asda, Newgate lane Pay rate and hours worked for example: £6.80 p/h 20 hours p/w Holiday entitlement and sick leave Confidentiality and disciplinary procedures 2a) List three key points of legislation that affect employers in a business environment. Health and safety Data protection pay 2b) List three key points of legislation that affect employees in a business environment.
phones, computers, and vehicles) general codes of behavior and adherence to certain corporate practices, health & safety regulations, etc. 2. Describe the information shown on own pay statement Pay slips need to include the name of the company you work for, your name and Tax code, your national insurance number, the payment date, the deductions and adjustments made, your gross pay and your net pay and a summary of pay from year to date including national insurance. 3. Describe the procedure to follow if you wanted to raise a grievance at work.