Management Essays

The Thistle Euston hotel is situated inside easy reach of together the city and the shops and amusement of the West End. Having experienced the SARS, July 7th, 2005 terrorist attack, and the Bird Flu, which have slowed down the UK economy and had an adverse effect on the hotel industry, there are now clear signs of recovery. 

The Foreign Corrupt Practices Act of 1977 has put burdensome stress on management regarding the accounting procedures put in place.  A report must be submitted attesting to its internal controls, and auditors must ensure its accuracies, Even with today’s state-of-the-art technology, much remains to be studied regarding internal controls and their effectiveness.

The author states that AIG was relying on this method to detect a safe swap but unfortunately failed to consider important details that could impact the swap. These included the market forces and contract terms which the Gorton model did not take into account. Gorton was not asked to assess those threats and as a result of this, AIG collapsed.

Academic advisers can work as liaisons, a go-between, to learn and work through the concerns of the student-athletes. They can develop strategies that will allow them to better communicate, to collaborate with the different departments’ goals, and to provide a support system for those who struggle with the academic-athletic conflict.

Each organization must have the strategy to provide goods or services to customers at the right time, right place, right quality, and right quantity and at the right cost. This all can happen when the organizations will develop fully automated, properly constructed warehouses with prudent warehouse operations management and inventory management.

A survey of 300 US firms in the automotive, financial services, high-tech and travel industries (Shankar, 2001), for example, noted that the business models and organizational structures of these firms bring them farther instead of closer to their target customers, mainly because of the rapidly changing business environment of today.  

A Charismatic leader gets others to do things by giving them little scope to influence decisions. He uses his personality and personal traits to get his way. In contrast to transformational leadership, a charismatic leader inspires employees and motivates them through a string of personal qualities.

This revolution had a major impact on the society and the labor force. Initially, this revolution made people work in factories for long hours perhaps from 14 to 16 hours. As a result of which many of them including children were forced to work in this manner and was very hard for them.

The author states that in the 21st century, there has been much improvement in the way managers and other decision-makers in different companies motivate their employees. Motivation techniques have evolved from the use of monetary rewards, inflicting physical and psychological punishment, and performance-based compensation.

The strategic manager should decide the opportunity to pursue the opportunity. It is therefore important to evaluate environment opportunities in relation to the strengths and weaknesses of the organization’s resources, and in relation to the organization’s resources, and in relation to the organizational culture.

Culture is the ‘collective programming of the mind which distinguishes the members of one category of people from another’ (Hofstede). It may be identified as ways of behaving, and ways of understanding. According to Edgar Schein, organizational or corporate culture is the set of shared, taken-for-granted implicit assumptions that a group holds.

The first step taken is to come up with the appropriate research method. Researchers have the option of using the quantitative methods, the qualitative methods, or the incorporation of both methods. Although each method has its own advantages and disadvantages, the qualitative method is more engaging as compared to the quantitative method.

With good objectives like reducing the instances of cancelled flights through devoted engine maintenances, better communication among staff members, vigilant surveillance of passenger luggage and thrashing out staff unrest amicably, the company will attract many clients and guarantee better services, clients and staff.

To understand the reluctance to use positive incentive systems, one points to the socio-historical context of the pay and motivation debate. Studies on the negative effects of high pay were instigated at a time when many employees were apprehensive of science and technology, particularly as they applied to human behavior.

Firms claim to have an innovation strategy. Schumpeter's writings, in the mid-thirties of the last century, points out that innovation as a key driver of economic growth. Companies try to outdo other companies in claims of being innovative. They reassure their investors, shareholders by saying that because they advocate this innovation mantra, their success in the market place is assured.

The aim of this study is to find out how the working time regulations meet the needs of the three stakeholders, Government, employers and employees. Since the WTD has a philosophical, historical and socio-cultural dimension the study is conducted in the backdrop of focused reading from these disciplines.

 I believe this would be more effective than to motivate employees than traditional management-directed assignments. You don't have to read about Maslow's Hierarchy of Needs to know that all people operate at different levels of motivation but most people enjoy living at a level of self-worth and responsibility. 

The author states that the manager has to manage, delegate and supervise a team of IT specialists such as network engineers, software engineers, database administrators and IT support analysts to synergize the activities of the IT department and IT as a service. The role is very challenging and crucial to business operations.

Then our business can grow and prosper, opening doors and creating new avenues, working together toward a comfortable future. Franklin Covey, a global leader in effectiveness training, productivity tools, and assessment services for organizations and individuals, offers two very significant points in which businesses have found to be invaluable. 

The study reveals that six categories are most investigated and relevant for managers: Brand Management, Brand Equity, Brand Knowledge, Brand Awareness, Brand Recall, and Brand Image. In addition, corporate sustainability and international brand management have been identified as one of the major trends for brand managers and academia.

The author states that a business can move from a position of stability to one of a complete unstable stance as it acquires different means of gathering the market and its driving factors that come along with it. The firm has to change its position with the changing times otherwise it will literally vanish away from its competitors.

As we go deep into Management accounting, it try’s to concentrate on the accumulation of the product and service cost, statements relating to material, labour & Overheads, budgeting and for decision making.

The author states that the area of management includes the effective and efficient process of achieving organizational goals by engaging in the four major functions of planning, organizing, leading, and controlling the organization’s resources. Leadership is a critical part of the field of management.

The internal rate of rate based on the graph for Project A, that is analyzed in the essay is 16.463 percent. The researcher uses various mathematical computations to make the net present value zero and analyze the two post popular tools in investment management that is Internal Rate of Return and Net Present Value.

The author of the paper states that AARs don’t only take place as a meeting at the end of a project to go through the mistakes but it incorporated in every step during and even before the project is initiated. AARs have a cycle followed by OPFOR (US army’s Opposing Force) which includes four steps.

The business press is full of well-known disasters where companies that are successful in one country fail in another country for cultural reasons. The fact that cultural differences exist amongst countries is highlighted by the tongue-in-cheek advertisements of a well-known UK bank, HSBC: what may be good and acceptable in the UK.

Every task in the project is represented by a rectangle. Any dependency within the tasks is represented by an arrow line joining the two tasks. For example, if task "b" cannot be started until task "a" has been completed, then task "b" is said to be dependent on task "a" Or task "a" is a predecessor to the task "b".

Motivation is the key to success. Sailors find themselves at sea for a long period of time and feel homesick. Administrators, technicians and general helpers are all important in the development of company image, and they too require motivation. Corporate and Social Responsibility (CSR) is part motivation and part creativity.

The author states that taking into account the absence of inflation all the cash flows calculated can be considered both nominal and real flows. All the cash flows accounted for are of incremental nature. For discounting a project's cash flows MCC value of 10% has been used. The annual depreciation will be at the $200,000 level.

Implementing a clear comprehensive orientation program has a positive and rewarding effect on the employees and their well being.  Research shows a positive impact on employee’s success during their tenure on the job. Providing information on health and safety procedures to new workers at the start of their work life is prudent.  

Museums have been seen as instruments of social reform, which shows a variety of pattern. The first is that the objects in museums can exceed their designated roles as documents or specimens by revolving around the strategic placement to make them give out a certain message in terms of sounds and images.

Management theory can provide categorizations for the manager to be able to select and adapt from past learning to meet current needs and conditions. Management development is derived from a combination of management theory and practice, and learning theory. There is no standard mix used in design of management development programs.

The paper under analysis casts light upon the sociological theory and within it focuses on the collaboration theory. It is also mentioned that the process of framing tourism policy and planning provides a context for a study of the related concepts of tourism destinations, destination branding, and stakeholder theory.

People are the most crucial element in TQM because of the quality of people in an organization will decide the success or failure of any endeavor to perfect a process. Under this equation, it is only people who can make a success of TQM and this they can do with the right processes to work on, supported by appropriate management and performance systems.

The soft side of any organisation here in referred to as the people are critical resources in organisations. People are at the centre of all the other organisational resources and consequently, effectively utilisation of these resources should be a central management focus. This has given rise to notion such as the human capital concept.Embracing the human capital concept shifts the focus from tasks to people.

The author states that the accomplishment of agility is indispensable for organizations to survive and sustain in the modern competitive and changing business environment. Present-day organizations are looking forward to creating as many competitive advantages as they can from the available resources and technologies.

This chapter elaborates on a brief review of the selected literature related to the impact of Leadership Servants on the attitude of managers and employees. Organizations are successful not only based on how the leaders are leading that organization but also to what extent the followers are following their leaders.

European Airlines are facing very high competition from other airlines from Africa, the Middle East, and other Asian countries. Both European Airlines and its competitors are all striving to gain market segments. The external environment and the trends in the industry itself have also had a significant impact on the trend and growth of the industry.

The author states that Andrea Meline must consider what to buy, when to buy it, in what quantities, and so on. Issues relating to having the item at the right time and at the right place are often dealt with by simply increasing the safety stock on-hand. However, this practice leads to wasted money and space.

From the paper, the Coca-Cola Company began its international expansion in the 1920s under the management of Robert Woodruff, the chief executive officer and the chairman of the board at that time. They opened Coca-Cola plants in France, Honduras, Guatemala, Mexico, and South Africa, among other countries.

The process of recruitment begins with job analysis which entails collecting information about the job through tools such as questionnaires and interviews to ensure the right employees are hired for the right jobs (Mullins, 2010). The results of job analysis are then used to design a job description and person specification.  

Pricing programs of firms, even within the same industry, vary greatly. Pricing strategies should consider both cost and demand conditions, and the dynamics of markets, thereby accounting for both internal and external variables. Although the determination of an optimal price is usually impossible, a satisfactory one can be developed by analysis.

The liberation and democratization of the political system in many East European countries have proved to be a boon to dynamic retail companies from the UK. Most East European countries have yet to create adequate infrastructure support for modern retailing to take root in the new environment (Slovak Republic Home Page 2008).

In fact, to get out the optimum from a satisfied and participative individual is considered to be the ultimate objective of HRM policies. The Human Resource environment as such is affected mainly by the following five factors. The economic environment of the host country, growth factors and the levels of unemployment affect the HR policies.

The main defense NatWest against the hostile bids from The Bank of Scotland and the Royal Bank of Scotland by December 1999 – came way too late. It should have done so much earlier and NatWest could have repaired its image of being poorly managed, with its strings of failures in diversification, in becoming an international bank, and its involvement in a fraud trial in late 1980.

For any business to grow all the stakeholders have to put in efforts in a supportive manner. But it is equally true that the stakeholder will be supportive as long as it is found that the activity is supported by the stakeholders is resulting in some tangible or intangible gains for the stakeholder. 

Organizing facilities management in the quickest possible time with least amount of risk to one’s capital and with as little effort as possible is the mantra that has put facilities management in the forefront of any establishment today after the static office environments that existed in the 1970s and 1980s.

At present, banks are still at the core of the payments system. This is unlikely to continue far into the future. The Internet provides the ultimate opportunity for nonbanks to develop cashless payment systems without the involvement of banks (or even central banks). PayPal is a rapidly growing, Internet-based cashless payment service.

Intel went through a major overhauling in their operating methodology and approach to customers during the launch of their Pentium processor and when their campaign, “Intel Inside” was in progress. Intel became a household name. When the chip ran into a technical flaw, Intel had to face the wrath of the public.

In many organizations, these were also dealing with labor relations. However, over the years, this role has been enlarged within the scope of general functions stated above to include induction of the best talent, providing effective training as per needs of the organization, designing and measuring job roles and performance.