Preview

contemorary Business

Good Essays
Open Document
Open Document
613 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
contemorary Business
Pg. 246 7,8,9
7. Identify each of the following as a programmed, or a non-programed decision:
A. Reordering printer cartridges-programed
B. Selecting a cell phone provider- non-programed
C. Buying your favorite toothpaste or shampoo at the supermarket- programed
D. Selecting a college to attend- non-programed
E. Filling your car with gasoline-non-programed
8. From what sources might a leader draw his power?
A leader my draw his or her power from many sources. These sources include,position,expertise,experience, also personality,kindness, fairness, to humorousness,entergeticness and enthusiasticness.
Which leadership style might work best for a manager whose firm is force to make cost cutting decisions and why?
Autocratic leadership would suite the situation mentioned in the question above. This style of leadership lets the implementation of the company’s choice. The decision was not made by him/her and must be passed to who it affects either way.
9. Why is a strong corporate culture important to a company’s success?
A organization with a strong corporate culture, everyone knows and supports the same principles and values. To achieve its goals, a business must also provide structure, which result from the managements function of organizing.
How might the corporate culture be linked to leadership style?
Corporate culture is typically shaped by the leaders who founded the company and by those who have succeeded them. Managers use rituals, symbols, ceremonies, and stories to reinforce corporate cultures.

Pg. 280 4,7,10
4. On what five factors are compensation policies usually based?
1. What competing companies are paying
2. Government regulations
3. Cost of living
4. Company profits
5. Employee productivity
Name at least three employment benefits that are required by law and three more that are voluntarily by firms.
Requiered
1. Social Security
2. Unemployment
3. Medicare Voluntary
1. Vacation
2. Profit Sharing
3. Health

You May Also Find These Documents Helpful

  • Satisfactory Essays

    MGT 521 Week 4

    • 2242 Words
    • 23 Pages

    An autocratic leader makes decisions on his or her own regarding processes and practices in an organization or team. This type of leader prefers to retain sole authority of the project or situation.…

    • 2242 Words
    • 23 Pages
    Satisfactory Essays
  • Better Essays

    Hobby Lobby

    • 1123 Words
    • 5 Pages

    An organization, in its simplest form, is comprised of people brought together to achieve a common goal whether it be solving a problem, selling a product or providing a service. The existence of the organization is wholly dependent on the collective body of individuals involved and it is these individuals that are the driving force behind the success or failure of a company. The relationships that connect the people within the organization dictate how the culture is developed and perceived.…

    • 1123 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    The foundation of any organization is collective behavior, common goals values and vision by large number of people that develop into corporate culture. Every institution has defined strategies, organizational behavior, management approaches, and organizational communication. All these develop and sculpt organizational culture and…

    • 2567 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    A unique corporate culture is hard to duplicate or imitate and thus helps to sustain a firm’s competitive advantage. Organizational cultures vary widely in the extent to which they are woven into the fabric of the organization’s practices and behavioral norms. The strength of any culture depends on the degree to which these norms and practices are widely shared and strongly held throughout the organization.…

    • 403 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Analyzing Organization

    • 3184 Words
    • 10 Pages

    An organization or company can be defined as the developed social elements by the humans in order to serve some kind of purpose. Generally the organization is consisting of an individual or a group of people purposely systemized or organized to achieve a common and an overall goal or set of goals. Usually organizations range in size from one person to thousands. Almost every organization has a structure of management that regulates relationships between the members and different activities and authority , responsibilities and assigning role to carry out different tasks within and outside of organization.…

    • 3184 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    According to Lawrence & Weber (2014), “Corporate culture is a blend of ideas, customs, traditional practices, company values and shared meanings that help define normal behavior for everyone who works in a company” (p. 91). It is basically the way the company operates. It is similar to way people are brought up, the ideas, traditions and values that parents instill in their children. It is who they are.…

    • 2949 Words
    • 12 Pages
    Better Essays
  • Satisfactory Essays

    Organizational Culture

    • 346 Words
    • 2 Pages

    The culture of a company defines the company and represents its values, visions, norms, working language, systems, symbols, beliefs and habits. This is the heart beat of the business this is what makes the business successful. It is also a way that new employees are taught as a way of thinking and feeling. Organizational culture affects the way people and groups interact with each other, with clients, and with stakeholders.…

    • 346 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Organizational culture is more of a larger picture, a more general term that refers to a large umbrella of smaller topics and issues within an organization. The structure refers to the infrastructure and the various methods and practices within that infrastructure. That helps an organizational culture run with the efficiency and consistency which should be the hallmark of any healthy organizational structure, whether it is in a corporation, sports team, or any other set up that is large enough to create its own organizational culture.…

    • 859 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    In a company culture often comes from the founders and the leaders of that particular company. These founders and leaders set an example of the certain behaviors and ethics of which they would want their employees to follow. Companies want to hire employees who share the same values and goals as the company itself. Organizational culture may change gradually over time as the organizations people change along with their values and beliefs.…

    • 279 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Corporate culture is created naturally and automatically. Every time people come together with a shared purpose, culture is created. This group of people could be a family, neighborhood, project team, or company. Culture is automatically created out of the combined thoughts, energies, and attitudes of the people in the group.…

    • 1585 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Company Culture and Ethics

    • 1026 Words
    • 5 Pages

    Furthermore, corporate culture is how a corporation thinks the business should be ran. Senior management always has a belief that a firm owed it to its shareholders to get as much profit as possible forgetting that the company’s corporate culture is as important as the profit making.…

    • 1026 Words
    • 5 Pages
    Better Essays
  • Good Essays

    The researchers have analyzed many companies and numerous cases connected with problem of choosing the leadership style and so, I would like to tell you the main thrust of research and its findings.…

    • 730 Words
    • 3 Pages
    Good Essays
  • Good Essays

    BEC IT Homework

    • 475 Words
    • 2 Pages

    2. The most likely disadvantage for an entity that keeps data files prepared by personal computers rather than manually prepared files:…

    • 475 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    It could be argued that there is no particular, universally accepted leadership style that applies to all situations. Instead, managers are expected to adjust their leadership style to the new requirements, both in the internal & external environment of the enterprise. The often repeated…

    • 3032 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Superior Organization

    • 791 Words
    • 4 Pages

    The word “organization” can be really ambiguous. It may mean different things to different individuals. According to Macmillan English dictionary for advanced learners, organization has two meanings; a group of people who have a particular shared purpose or interest or the way in which different parts of something are combined or arranged in structural terms. When the dimension of business is introduced, business organization may refer to the physical aspects such as resources both human and material or it may refer to its core purpose and business activity. It may be argued that a definition of business organization that incorporates these two definitions is more holistic. Professor Child states that a superior organization is one of the last sustainable source of competitive advantage (Child, 2005, p.23).…

    • 791 Words
    • 4 Pages
    Good Essays