Employee Well Being and Company Performance Employee well being has become an area of focus by many governments and corporations. Most people in the corporate sector regard it as part of the government mandate to ensure that employee well being related legislation is adhered to accordingly (Page & Vella-Brodrick, 2009). Scholars have argued that employee well being plays a crucial role in economic development and insist that organizations need to streamline their operations and business process in consideration to the well being of their employees. Research has also shown that there is a close relationship between employee well being and the effective and efficient performance of human resources in an organization (Tripathi, 2011). This implies that employee well being influences a company’s performance and growth positively. This means that the profitability of a company is affected in absolute and relative terms if it focuses on the employee-well being. Moreover, the level of competitiveness in the international business environment is a motivation for companies to implement human resource management measures that focus on improving employee well being. This is aimed at…
Union Carbide Corporation and Bhopal case Company Analysis The Union Carbide Corporation is an American Organization that has established different branches globally, such as the India Corporation that was began in the 1970s because of the government relaxation of its laws to gain more international investments (Steiner & Steiner, 2012). The American and the India government joined up to form an organization based on an agreement that results in the formation of the Union Carbide Company within the Bhopal area in India. There were various reasons as to why the United States decided to establish its operations at Bhopal. One of these reasons includes an excellent communication and transport network within the location, which has assisted in the free movement of products and services globally (Steiner & Steiner, 2012). Consequently, it is vital to note that the India government had critically ignored the threats posed by establishing an organization in a location with a considerable margin population. First of all, this region is a slum that has a vast number of residential employees, which increases the possibility of an occurrence…
information systems security for Monsha’at 1.0 INTRODUCTION The report is about information systems security for Monsha’at. Monsha’at is based in Saudi Arabia and specializes in aiding SMEs (small and medium-sized enterprises). Henceforth, the report outlines the information systems security challenge that Monsha’at experiences, and proposes a solution for the same. The target for this proposal is the management of Monsha’at. The management has the resources and capacity to make security changes within the firm, and monitor progress. Accordingly, the report is organized in various sections. The first section is the introduction, which outlines the company profile. The business problem follows this section, and then the proposed solutions. An assessment of the impacts of the proposed solution follows in section four. The fifth section is a roadmap for the implementation of the plan. The conclusion and recommendation conclude this report. 1.1 The Company Profile Monsha’at specializes in the SME sector. Founded in 2016, Monsha’at is a General Authority for Small and Medium Business Enterprises (“About Monsha’at,” n.d). Accordingly, the business supports, sponsors, and develops the SME sector to heighten their productivity…
Group Presentations and Evaluations Biography Raymond Kroc, born in 1902, in Oak Park, was the pioneer of the fast-food industry across the globe. His enthusiasm and high morale in the job industry propelled his success story throughout his life. Kroc got into the job industry while he was 15 years of age. He lied to the Red Cross of his generation to get employed as an ambulance driver, where he took up training. However, Kroc did not manage to get hired as the war ended while he was still in practice. During the training, he met with the legendary entrepreneur Walt Disney who helped instilled entrepreneurship skills in him. Once his practice was halted, Kroc enrolled for various work positions, which include real estate’s salesperson, pianist, Lil-tulip company, and paper -cup salesperson. In his line of work, Kroc met with Mc Donald’s founders, Richard and Maurice, who had earlier on purchased his mixers that would simultaneously mix up to five milkshakes at ago. Kroc got inspired by the restaurant work culture on the preparation of fast foods such as burgers,…
Entrepreneurship essay Entrepreneurship is a field of study that deals with various aspects such as business management tailored towards ensuring the effective running of the business. Entrepreneurship also focuses on product development and ensuring innovative approaches for business. The field offers an opportunity for effective understanding of the market dynamics, the type of products and services to offers to the target and various types of business in the marketplace. The business environment offers various forms of businesses which entrepreneur can engage in, such as sole property. A sole proprietorship can assist the entrepreneur in turning the business idea into reality, enabling the entrepreneur to achieve his or her set objectives in the dynamic environment (Agarwal & Braguinsky, 2014). The primary interest to pursue a PhD in entrepreneurship was triggered by the desire to come up with innovative products and service in the market. This is because the environment keeps changing hence presenting both opportunities and threats to entrepreneurs. The entrepreneurs are usually expected to maximize opportunities while counteracting with threats such as the bargaining power of consumers. Introduction of new…
Is Social Media Affecting Your Self-Esteem? One moment you are all confident about yourself and smiling with content. The other moment you open your social media accounts and realise all your friends are either settling down with their picture-perfect partners or travelling around the world on their five-star vacations. And here you are, frowning in the corner of your house thinking about all your achievements and the minimal value they have. A sulking feeling takes over your body where you feel as if you have lost control over your life. If this feeling sounds familiar to you, do not worry, you aren’t alone. Social Media has been affecting the self-esteem of people lately. There are growing numbers of patients complaining that social media has added to their state of depression and anxiety. With a large number of Americans lamenting about loneliness, it is time we begin to realise the impact of our social media usage on our minds and take charge of our mental health. The primary purpose of social media was to connect our friends or family irrespective…
Unilever’s Management Case Study The first step to successfully changing the management process is developing a sense of urgency. Management ought to analyze the competitive and market realties (Kotter, 1995). In Unilever’s case, Poleman came in as CEO at a time when the company’s share price was falling and the globe facing a financial crisis. Poleman confronted Unilever’s old practices urging shareholders to change the company’s culture and start taking responsibility for society. The second step is creating a powerful guiding coalition to lead in the transformation efforts. In our case, Poleman replaced a third of the leading 100 executives at Unilever within a year as CEO (Bartlett, 2016). The third step is developing a vision that will assist in directing the transformation efforts. Unilever unveiled its USLP plan as the key to meeting its Compass Vision. The fourth step is using all efficient means available to communicate the new vision. Unilever expanded the three main goals to seven commitments and further broken into over 50 unique, measurable targets. The next step is empowering others to act on the vision. Unilever did…
Marketing myopia Marketing entails the study and the appropriate management of the interconnection of exchanges. It is thus the business procedures whereby relationships are created alongside the satisfied customers. It thus facilitates for goods and services to move from the concept form to the customer in a comfortable and definite manner. The marketing process entails the four crucial stages for the successful outlay. There is the need to identify, select, and develop the product appropriately; the price is then determined concerning the market forces. Price determination is the perquisite of the identification and selection of the distribution channel that will enable the marketing agency to reach the customers’ location alongside the goods and services on sale (Baker, 2016). The last stage of the marketing process is the development and implementation of the promotional strategy to be incorporated into the marketing process for easy deliverance of the goods and services to the customers. Marketing is focused on the rationale that the business associates with the customer needs and the satisfaction of the customers. Marketing is fundamentally different from selling as the…
Special Forms of Business When an individual is thinking of starting or expanding a business, the first step is the type of business to register. Joan has the option of allowing two people to invest in her corporation and personally securing a loan to fund her business to go national. Since she is worried about personal liability that she might incur in the future, I would advise her to allow the two people to invest in her corporation. A corporation is an independent legal liability, which is owned by shareholders who make decisions. The costs of expanding the business to go national will be shared among the three shareholders, which will not be cumbersome as she could raise the capital alone (Ying, 2016). When the corporation incurs certain debts or illegal transactions, shareholders will not be held liable, as the corporation is legally independent. Shareholders’ properties would not be auctioned, or legal suit filed against them, as it would happen in the sole proprietorship business. The corporation tax rate is lower as compared with the individual income tax rate, which…
Business Requirement Document Executive SummaryProject Overview The project is on upgrading the software system used in an organization. Different organizations have adopted the use of Enterprise Resource Planning (ERP) in the operations of their value chain. These projects seek to develop and upgrade the software systems used in business and organizational settings so that they can increase efficiency in their operations. The upgraded system will be designed to bring more efficiency by enhancing new features that were not available in the old systems. The new system upgrade will have more enhanced security features that enable an organization to protect its valuable information and attack from cybercriminals Product Description Product Context an upgrade is intended to run concurrently with other products. The system developed is supposed to work with MS Windows 10 operating system and also work simultaneously with other data analytic systems. The system is integrated too with accounting software, which will enable it to do accounting tasks such as cost valuation, bookkeeping, and data entry. The context and flow of data show that the processes, external entities, data stores,…