PRINCIPLES OF MANAGEMENT (MGT503) FALL 2012 ASSIGNMENT NO. 2 DUE DATE: 28 JANAUARY‚ 2013 MARKS: 30 Case 1: Mustafa manages a manufacturing plant that produces two kinds of cricket bats: soft ball bats and hard ball bats. Business is good and no matter how many he produces‚ he can sell all of them. Both of the products are produced on the same machines but cost and price of both products are different. Now‚ he has to decide how many of each product should he produce to maximize the profits
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Management Theories and Principle Module 1 Flawed Advice and the Management Trap- The author‚ Chris Argyris‚ states that there are two models in management. Model I is the flawed model‚ as its behaviors are based on protecting oneself and/a group. The management style appears to be spontaneous‚ it’s actually well prepared. According to the text performance reviews given under this model will likely have the appraiser sugar-coat or ease into the negatives while quickly following it up with a positive
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Summary 1. Author – Michael E. Hattersley‚ Linda McJannet Title - “Management communication: Principles and practice” Date of publication – 2008‚ Publisher – McGraw Hill International Edition Total number of pages (280) and pages I have read (3-17‚237-257‚257-69) 2. The main idea This book is about the Management Communication. This book is about different types of communication‚ questions and problems with any manager could deal wiht. It shows how to write well and how to speak
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July 23‚ 2013 The company I have chosen to write about marketing problems for this course is the McDonald’s Restaurant Corporation. I have chosen this company because I currently work as the Production Manager‚ or Kitchen Manager‚ for the McDonald’s I work at here in Maine. The Production Manager is the person at each McDonald’s that integrates and institutes new procedures‚ products‚ and training methods. The Production Manager receives the information he or she needs to implement from one
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Student Name Natasha Miller Course and Section Number Program of Study MAN2021 Business Administrations Principles of Management MAN2021 Week 10 Individual Work Teamwork in the Work Environment Assignment Instructions To complete this assignment: 1. Answer all of the questions below in the space provided. 2. Reflect on the information presented in this week’s lesson and provide an insightful response to each question writing no more than two paragraphs. 3. An example of an excellent response
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McDonalds Appraisal System Question 1 & 2: McDonalds use a 360 degree appraisal system (Ward 1995) where all the information on performance and feedback is derived from a number of stakeholders within the company. The existence of an appraisal program indicates to an employee that the organisation is genuinely interested in their individual performance and development. This alone can have a positive influence on the individual’s sense of worth‚ commitment and belonging. McDonald ’s introduces
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McDonald’s Bar-B-Q restaurant was opened in California in 1940 by brothers Richard (Dick) and Maurice (Mac) McDonald as a typical drive-in featuring a large menu and car hop service (where customers stay in their car and are served their food). In 1948 the brothers closed the business for three months of renovations and reorganised the business as a hamburger restaurant‚ using production line principles and featuring a simple menu of nine items including the staple 15 cent hamburger‚ cheeseburger‚ soft
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Finance at McDonald’s Stock Control Finance Franchising Marketing Finance Construction Training Careers at McDonald’s Training Glossary I.T. Customer Services Education Customer Services Stock Control Franchising Talking Point Apprenticeships Marketing Franchising Marketing Construction Finance Finance Training Glossary Stock Control Franchising Education Stock Control Customer Services Franchising Talking Point
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Appraisal Method 8 Training and development at Mc Donald 9 Promotion Policy 11 Restaurant Management 11 Compensation and Benefits 12 Compensation: 12 Employee Benefits: 12 People Promise: 13 Benefit Categories: 13 HR Policy at McDonald’s At McDonald ’s‚ their people are their most important asset. They provide the best employment experience for their employees in order for McDonald ’s to achieve their goal of providing their valued customers with the world ’s best quick-service
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chain of this size comes with not only significant purchasing power but also tremendous management complexity. McDonald’s have implemented a highly decentralized structure to manage the huge global supply chain efficiently. This decentralization is guided by a concept recently articulated by McDonald’s as “freedom within a framework.” Handling such a vast global supply chain according to the same global principles adds as a major factor of the complexity. Each AOW team oversees AOW standards and policies
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