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Suppose you are the manager of Tezct Ltd,
a) Critically explained 10 consequences of acts of corruption.
b) (i)Sensitise all the employees about those consequences in part a).
(ii)How will you proceed as a manager?
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- Akwamba made this statement ‘organisations cannot be successful if managers fail to pay attention to the forces in the external environment’. Do you agree or not? Justify using practical examplesRead the case given below and answer the question: Meltos Co.is one of the world's largest bakery businesses with a significant market share in many of the world's biggest bakery markets, including many emerging markets. It has a long and proud tradition, stretching back more than 150 years, including a long history of developing its employees, which has remained part of its ethos during its progress to becoming a global company. Despite very positive sales figures over the last 12months, Meltos Co. has prioritized streamlining the business to make it more competitive and has placed a strong emphasis on reducing costs over the next 18 months. Despite being keen to preserve its longstanding reputation as a firm that is committed to developing all its employees, in respect of learning and development, this ‘streamlining’ activity has focused on: ensuring a clear return on investment in training activitieschanging the way that learning programs are delivered and being more creative in…write summary of this
- Read the case given below and answer the questions: Meltos Co.is one of the world's largest bakery businesses with a significant market share in many of the world's biggest bakery markets, including many emerging markets. It has a long and proud tradition, stretching back more than 150 years, including a long history of developing its employees, which has remained part of its ethos during its progress to becoming a global company. Despite very positive sales figures over the last 12months, Meltos Co. has prioritized streamlining the business to make it more competitive and has placed a strong emphasis on reducing costs over the next 18 months. Despite being keen to preserve its longstanding reputation as a firm that is committed to developing all its employees, in respect of learning and development, this ‘streamlining’ activity has focused on: • ensuring a clear return on investment in training activities • changing the way that learning programs are delivered and being more…1. Differentiate between domestic and international business environments by defining and providing key characteristics of each type. 2.Identify examples of domestic and international organizations and explain how they meet the criteria for each type of organization 3.Explain the key benefits of international and global expansion for domestic businesses, providing specific examples 4.Explain the role of ethics in making business decisions regarding expansion to a new market and how ethical decision-making frameworks can be used to help make these decisions.1) Based on the Sodexo example, discuss the importance of widespread incentives in improving both the culture and employee retention efforts in a firm.2) How might having employees receive recognition and incentives at a national level impact the performance of their coworkers and colleagues. Many employers offer incentives to employees working in different jobs. Often, the incentives are to reward employee performance, both in the short and the long term. But some company incentive plans are viewed negatively by employees, while others are seen as highly positive by employees at all levels. One firm that has a well-regarded, broad-based incentive plan is Sodexo, a large food and facilities service firm with more than 350,000 employees in 80 countries. Being such a large firm, Sodexo has a variety of clients, including many corporate and governmental entities, hospitals, manufacturing firms, and universities. Thus, the firm’s client services are varied, with many of them being basic…
- Subject: Business Ethics The COVID19 pandemic affected business. You are the President of a medium-scale firm. Your firm has been severely affected by the pandemic. It has been operating on a negative bottom line over the past ten months. You have a total human resources complement of 40 rank and file and four supervisors. Your firm has no other option but to let go of some of the employees to address financial losses. What do you think is the most ethical thing to do in letting go of some of your employees?arlos Ghosn was widely recognized as a hero in Japan for turning around Nissan when it was on the brink of bankruptcy in 1999. However, later Ghosn was arrested for financial misconduct, fired from his position as Nissan’s board chairman, and criticized by Nissan’s Japanese CEO for accumulating too much power. Based on the case study, explain the duties and responsibilities of Nissan’s board members. In your opinion in what way(s) they have not carried out their duties/responsibilities effectively. To what extent the structure of the board has jeopardized the effectiveness of the board?The SituationYou work for a growing company, which thus far has operated only in the United States and Canada. Its board has just approve a plan to expand operations in two locations in the world whose local populations are overwhelmingly Hindu. The company management knows nothing about Hinduism, except perhaps for a few stereotypes. The company plans to hire most of its staff locally, so it needs basic information about Hinduism so that it can conduct advertising, human resources, and other aspects of its operations without offending cultural sensibilities.Your TaskYou work in the accounting department, but because you have a degree in religious studies, the company’s management has asked you to prepare a brief report on certain aspects of Hinduism. It will use your report as the basis for determining a plan for further study. Your report, therefore, should be clear and specific about religion However, it need not and should not concern itself with details about how…
