1. Is it good or bad to give workers a say in their
job? What motivation theory supports this?
a. Theory Z supports this motivation theory. It is good that workers
have a say in all aspects of the companies decision making
because the employees know the job the best. Managers do
not know every aspect of each position so by having the
employee’s input on how to improve the job you are making it
better. Also, by letting employees have a say it makes them
work hard to achieve the goals set by the managers and
b. Directly make the decision so it motivating to achieve the goals
of the decision. Since employees are making decisions they will
produce better quality and more efficient products/services.
2. Ethical more time at treated fairly. Not treated right could join unions,
which mangers do not want.
2. Target is globalizing, what 3 business functions will be
Finance- Risk, control and profit, worry about how much risk (taking
lots of risk when globalizing) control ( loss control when you separate out)
profit ( cost money to expand and don’t know if you will be profitable in
Accounting because you have to account in different currencies.
Take into account when recording financial information that currencies
differ in each country, when globalizing. Here in the USA we use GAAP.
Going global you have to use IFRS.
Operations-laws and regulations change from country to country. What
works well in one country may not in another. You need to make product
addable to the different countries.
BI- not all countries follow/respects intellectual property
Marketing-you has different target markets, if your business has a diverse
workforce it is better because you can relate to the different cultures and
HR-Cultural barriers, different work times, holidays, language barriers. 3. Why do businesses care about their competitive environment?
B) What can businesses do to demand their market share? What can
gov do to prevent this?
Market share-Enlighten self interest?
Perfect comp. consumers can get the best prices for the
highest quality of goods.
business can keeps tabs on consumers and then can attract
more consumers by showing different features (marketing)
Penetrations-because you start low there is no comp. under
you and it scares off comp and captures most market share,
control of the market and economy.
Diversity, market to more target markets,
Companies care about their competitors because they want to be price
makers not takers. They want to set the price of the goods on the markets.
They want to come, as close to being a monopoly as possible. Promote
brand awareness, equity and create costumer loyalty through high quality
More comp. Consumers get best price for the highest quality of goods.
Business can keep tabs on what they comp. Is doing so they have an
advantage in attracting costumers with different features such as prices
comp. Penetrations-scares off comp and captures most market share.
Marketing branding efforts have to be innovative, and the gov can prevent
formation of monopoles by anti-regulations and other Gov. regulations like
limiting externalities. Because they do not want monopolies.
4. How do labor unions affect HR management processes?
Increase business cost and decrease control over the workforce.
Labor unions outline job descriptions for positions. They loss control
because if an employee is asked to do something they can say no because
it may not be in their job description. Unions make it hard for companies
innovate by setting the outline for job descriptions. Workers will have no
incentives to work harder if it is not in their job specification, or if they will
not get paid more. Effects compensation. Because say they want certain pay and benefits,
Unions set standards for termination and protect employees from
termination even if they employee is unwilling and unable. Unions may
require training for all employees, which benefit everyone in the workplace.
Makes them more skilled and all around better workers.
Pay hour and working conditions, collective bargaining? Work load, load
content, termanation. Decrease business control.
5. GM, cirque, or Bryant, explain how the different functions of
Interrelated. 3 examples, 3 different functions.
GM- Marketing didn’t market product well. HR didn’t higher the correct
people, which then affected the marketing of the cars. Because GM made
the ugliest car on the market, even though it’s safety rating were great.
Poor leadership- went through so many. Since there was so many poor
leaders employees had no following and did not feel connected to the
higher powers in the management field. Because of this employees had no
motivation to work?
BI_OM were not flowing efficiently because they had to many models and
were not making them properly. did not use information well enough. To
many cars. They ran out of engines. Given to them from BI properly so they
did not get the correct amount of
Management- continued to pay workers even though there were layed off.
Had union issues, Unions increase business cost and decreases
Finance continued to pay them and did not set aside enough
money to market the cars well.
6. Define diversity, what are ethical and economic reasons for valuing
diversity, how is the US workforce changing? Recognizing and accepting differences and incorporating the unique
persecpectivese of others is what diversity is. Ethical and economic
reasons for valuing diversity are by treating workers with respect, equality
and fairness and giving them equal opportunities. This will bring in qualified
workers with new ideas and different cultural perspectives that generate
innovation in the workpl