Management Essays

Introduction: The past decade has been witness to some of the worst accounts of corporate fraud ever recorded, with multi-billion dollar companies such as Enron, Tyco, and World-com involved in serious financial scandals. CEOs and senior executives are often the driving force behind such unscrupulous activities by adopting shady accounting practices and other forms of […]

Au Bon Pain, an up-scale fast food cafe, was founded in 1977 and has since achieved successful growth in the quick food service industry. Currently, it operates 230 company-owned and franchised restaurants in the US and Asia. However, in 1986, the management of the company recognized their inefficiency and lack of effectiveness despite having more […]

To maintain a healthy, successful and efficient environment Nokia collaborates with its employees under the main goal to create an environment for all its employees where they can fulfill their potential. Motivation, encouragement and maintaining employees satisfaction and well-being at work is vital for Nokia to perform at its best. As a goods manufacturer Nokia […]

They use a certain amount of harmful elements, however they are trying to reduce their pollution and become more ecological. Even though environmentalism is not the boss’ Carl Damson’s main priority, becoming green would give the company a better image, and make them stand out from their competition. For this reason, they have hired an […]

Deutsche Brauerei was founded in 1737 and has been in the Schweitzer family for 12 generations. The company produces quality beer and has won awards over the years and is owned entirely by 16 uncles, aunts and cousins. In 1998, Deutsche Brauerei expanded into Ukraine. Despite the Russian debt crisis, the popularity of Deutsche’s beer […]

History of Management Thought The Hawthorne Studies Wren and Bedeian (2009) states that there is no other study in the history of management that has received such high levels of controversial attention, laced with criticism and praises at the same misinterpreted and reinterpreted countless times. What was described as a study to investigate the relation […]

This paper conducts an experimental study to test the effects on budgetary slack of two potential controls for opportunistic self-interest – reputation and ethics. In the experimental study the level of information asymmetry between the subordinate and the superior regarding productive capability is manipulated and the subordinate’s reputation and ethical concerns regarding budgetary slack are […]

Strategic Management and Business Policy Abstract The purpose of this paper is to explore the mindset of modern companies in the 21st century that resist changing their belief in downsizing rather than reutilizing their workforce. Currently, numerous CEOs and top-level executives are hesitant to accomplish more with limited resources. In order for companies to thrive […]

The inefficiencies of the free market in distributing goods and services are referred to as market failures by economists. These occur when an action benefits one person while negatively affecting others, leading to inefficient markets. The Pareto optimality has not been achieved in this case, from an economic perspective. This situation can be observed in […]

Ranstad, an employment agency, presents a case study discussing its unique recruiting processes. The company takes pride in its success and employee retention rate, attributing it to their ability to bridge generation gaps. In a culture where this was once considered taboo or ineffective, Ranstad has proven otherwise. Further below, you will find questions and […]

While we move forward in these times, there are always ways in which to make improvements to our company. One key way brought forth by my colleagues to help improve the management of human resources within this company is under the direction of the Labor Relations division. There has been tabled the proposal that we […]

There have been always different economics systems all over the world. Countries can be either free-market economies or command-planned economies. There are not pure free-market or command-planned economies in the world, only a few. These are just paradigms and most countries are mixed economies, economies with characteristics from the two extreme economic systems. The differences […]

The motivational techniques used at Walgreen can be discussed in the light of the above background. Walgreen uses a number of techniques to motivate its employees. These include attractive incentives, the social context, positive punishers, positive reinforcers, negative reinforcers, aversive incentives, as well as negative punishers. Some of the attractive incentives used at Walgreen include […]

Typically, a time lapse exists between the receipt of goods and the payment rendered; however, this can differ. Customers who pay subsequent to obtaining merchandise are known as debtors. Measures exist to mitigate the adverse effects resulting from delayed cash flow. Customers may not prefer having a clause in the invoice for interest payment on […]

The dream of any project manager is for the project to be completed on schedule and at the same time, coming through with something intimately close to the original master plan that was laid down at the beginning of the project. To this end, a successful project team would be the one that meets the […]

In their article “Maximizing compensation through value creation – real estate industry employee compensation” (National Real Estate Investor, Sept 30, 1996), Carl Bruno & Patty Mitchell state that a thriving real estate industry can lead to increased rewards but also necessitates more formalized compensation programs. Private real estate firms, including developers and full-service firms, have […]

Notable differences can be observed when examining the compatibility of employer and employee values on a global level, specifically between the American and Japanese behavior models. Evidence suggests that compensation holds significant importance for Americans; Churchill and Pecotich (1984) argued that money is the primary motivator for salespeople in the United States. Conversely, value congruence […]

The analysis will focus on my former role at IBM regarding sales management, which primarily involved making phone calls from the company’s database to identify needs in various companies for a specific campaign. Employee performance was evaluated based on call volume and the leads generated from these calls each month. However, as callers were limited […]

Compared to other pay practices, incentives offer advantages. In an incentive plan, money is only given if the goal is achieved. We usually expect employees’ performance to align with their pay when hiring and promoting them. Incentive plans follow an “if-then” approach – if the objective is accomplished, a reward will be received. This format […]

Motivation is crucial not just in workplace management but also in academics, as it can enable employees to perform to their maximum potential. Nevertheless, the definition of motivation may vary among individuals. Explaining the term motivation can be difficult due to its abstractness and range of applications. Some view it as a financial incentive, while […]

Lincoln Electric (LE) Company is a world leading manufacturer of arc welding equipments and electric motors The company was established back in 1895 by John Lincoln who was its sole founder and proprietor (Berg & Fast, 2005: p. 1). LE is very famous due to its effective implementation of an incentive or reward system since […]

The aims of the ‘Gorgeous Gateaux’ project were to work in a group and successfully try to gain the most possible profit. As a group we had to decide on how many crates we were going to sell and how much we were going to sell per crate, remembering that the maximum was i?? 10,000 […]