rotas and time flexibility approaches. A second example is its high proportion of part time workers‚ also flexible in terms of time and is beneficial to the business itself when needing a certain amount of workers they only pay those needed for that particular shift; no wage costs are then wasted. 2. Analyse 2 possible benefits for a business such as First Direct of creating a more flexible workforce. 8. First Direct is one of the UK’s leading commercial banks. By creating a more flexible workforce
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Arab Open University Tutor Marked Assignment (TMA) Academic Year 2013-2014 Semester: Second Branch: Program: Business Studies Course Title: Making Sense of Strategy 11 Course Code:B301B Student Name: Student ID: 100649 Section Number:409 Tutor Name: Mark details Allocated Marks Questions Q1 Q2 Q3 Q4 Q5 Total 100 Weight 20 20 20 20 20 Marks Deduction Criteria in text referencing (0-5) Bibliography (0-5) Word Count (0-5) E-Library
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President Sherron Watkins on the Enron collapse. Academy of Management Executive‚ (2003) 119-125. Watkins S. (2003b) Ethical conflicts at Enron: Moral responsibility in corporate capitalism. California Management Review‚ (45) 6-19. Wearing R (2005) Cases in corporate Governance‚ Sage‚ London.
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Bill Gates Believed Microsoft’s core source of competitive advantage was the ability to attract‚ motivate and retain superior people. In attracting employees Microsoft mainly targeted the stars. Stars are the core employees that can add value to the organization through their knowledge‚ skills and abilities (Boselie‚ 2010). At Microsoft there has been a hands on mentality made for ambitious people. Lepak and Snell (2007) built a theory about different employees and its HR strategies. Microsoft
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Project Table of Contents (10-15 pages) Cover Page Table of Contents 1. Abstract 2. Brief Company background 3. Discussion of business problem(s) 4. High level solution 5. Benefits of solving the problem 6. Business/technical approach 7. Business process changes 8. Technology or business practices used to augment the solution 9. Conclusions and overall recommendations 10. High-level implementation plan 11. Summary of project
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Business and Administration Unit four: Principles of supporting change in a business environment Session 1 Handout // Why change happens Reasons for change In business there are continuous pressures for change. It is helpful to consider reactive change when the business responds to external pressures and proactive change when the business changes due to internal demands. Reactive change Pressure to change There are many factors that influence business organisations. These factors create
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more than 90 years‚ with its brands and products firmly holding the proprietary in the market‚ while competition and potential threats‚ on the contrary‚ are impelling Tartan Corp to strengthen itself strategically. Based on the charts given in the case material‚ products are well developed during different historical stages and distributed among various markets‚ yet sales volume of some products are declining while others increasing. Thus the overall competitive strategy of Tartan is maintaining
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companies mark up goods excessively. Marketers respond by explaining that most consumer abuses are _____ and that most consumers do not understand the _____ high markups. a. rare; business concepts of b. unintentional; reasons for c. rare; reasons for d. unintentional; business concepts of e. none of the above (Answer: b; p. 496; Easy) 6. Deceptive promotion differs from deceptive pricing in that deceptive promotion overstates the product’s _____ or
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What do you see as Flowers’ particular strengths? "Barriers to entry to their business. Their moats are wide." Q5 - OE_Weaknesses What do you see as Flowers’ particular weaknesses? "To me it’s a hard thing to understand. It’s difficult for investors to understand the value of the company. Maybe it’s confusing for investors. It seems like it would be pretty straightforward but if there’s more volatility in the business than you’d expect‚ or maybe that investors don’t understand it. It’s complicated
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Know how political‚ legal and social factors impact on business. Scenario: You work as a junior journalist for a newspaper which is planning to run a feature article on UK businesses. You have been asked to produce an article on two contrasting businesses covering purpose‚ ownership‚ organisational structure‚ strategic planning and how businesses interact with their environments. Task 1 ( P1‚P3‚ P4) Submission date: w/c 14/1/12 Business organisations exist for many different purposes and have
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