Category: Management

Conflict And Negotiation

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Apply all of the skills you learned to create an international negotiation plan.

You have been asked by your supervisor to create a proposal for negotiating the sale of your product with a Japanese company. You know that Japanese business practices may be different than what you have experienced in the Unites States, and you do not want to offend the prospective clients. How would you handle the negotiation with the Japanese company? How would you introduce yourself, your company, and your product? Create a step-by-step international negotiation plan for how you would approach this business venture.

You created a negotiation planning guide as part of one of Project. Revisit that project Use the steps to create your business plan.

As part of your plan, you will address the ways culture can impact the negotiation process and how you will ensure cultural sensitivity. Using the 10 ways that culture can influence negotiations, include how you will handle details such as time sensitivity, protocol, and communications. You are required to cover at least four of the ten ways culture can influence negotiation. You will need to research Japanese culture to address these issues.

Performing Calculations with Formulas and Functions

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Compare What-If Analysis using Trial and Error and Goal Seek to the given scenario:
Let’s say a student is enrolled in an online class at a learning institution for a semester. His overall average grade stands at 43% in the course (Term Grade is 45%, Midtermm Grade is 65%, Class Participation is 62% and Final Examm is 0%). Unfortunately, he missed his Final Examm and was given 0%. However, he has the opportunity to redo his Final Examm and needs at least an overall average of 60% to pass the course. How can you use Trial and Error and Goal Seek to find out what is the lowest grade he needs on the Final Examm to pass the class? Which method worked best for you and why?

 

 

The role of stakeholders and their impact on an organization

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In this unit, we will explore the role of stakeholders and their impact on an organization, the stakeholder model, and the ethical obligations of an organization to those stakeholders. Remember that ethical obligations are duties that a person owes to a company in terms of his or her decisions and how he or she behaves.

After reviewing the lessons for this week, think about various stakeholders for a high end restaurant. It is marketed as a fine dining experience for everyone. Customers can expect high quality food and service. Management is intentionally visible to customers and employees. The chef hand selects the freshest products. As the owner who has to make decisions for the restaurant, respond to the following:

Identify the stakeholders for the restaurant. What ethical obligations would restaurant management have to these stakeholders?
Why should stakeholders be considered during the decision-making process?
How would you use stakeholder feedback to improve the restaurant?

The role of stakeholders and their impact on an organization

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In this unit, we will explore the role of stakeholders and their impact on an organization, the stakeholder model, and the ethical obligations of an organization to those stakeholders. Remember that ethical obligations are duties that a person owes to a company in terms of his or her decisions and how he or she behaves.

After reviewing the lessons for this week, think about various stakeholders for a high end restaurant. It is marketed as a fine dining experience for everyone. Customers can expect high quality food and service. Management is intentionally visible to customers and employees. The chef hand selects the freshest products. As the owner who has to make decisions for the restaurant, respond to the following:

Identify the stakeholders for the restaurant. What ethical obligations would restaurant management have to these stakeholders?
Why should stakeholders be considered during the decision-making process?
How would you use stakeholder feedback to improve the restaurant?

Strategic competitiveness

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Top executives and members of a corporation’s board of directors have different roles and responsibilities. Traditionally, executives have been responsible for determining the firm’s strategic direction and implementing strategies to achieve it, whereas the board of directors has been responsible for monitoring and controlling managerial decisions and actions. Some argue that boards should become more involved with the formulation of a firm’s strategies.

Respond to the following:
How would the board’s increased involvement in the selection of strategies affect a firm’s strategic competitiveness?
What evidence would you offer to support their position?

Strategic competitiveness

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Top executives and members of a corporation’s board of directors have different roles and responsibilities. Traditionally, executives have been responsible for determining the firm’s strategic direction and implementing strategies to achieve it, whereas the board of directors has been responsible for monitoring and controlling managerial decisions and actions. Some argue that boards should become more involved with the formulation of a firm’s strategies.

Respond to the following:
How would the board’s increased involvement in the selection of strategies affect a firm’s strategic competitiveness?
What evidence would you offer to support their position?