Saturday, February 29, 2020

Causes and Effect Essays - Walmart, Retailing, Criticism Of Walmart

auses and Effect 1. Lack cleanliness and tidiness -the store is always crowded and customers litter everywhere. -not enough labor hours to clean the big store -part time employees do not care about the stores cleanliness 2. Stores are not restocking shelves fast enough. - bad communication between front and back end of the store - some of the merchandise are not up to date - not enough labor hours to do routine stocking therefore shelves were left bare - Walmart has cut so many employees during recession that it no longer has enough workers to stock its shelves properly. - Walmart reduced the range of merchandise it carried to make stores less cluttered. Unfortunately, customers did not like the change, and Walmart added merchandise back but did not add enough employees back 3. Prices are not always as low as competitors. -there are stores who deal lower prices at similar sales -the production cost high that causes high prices. In oder to 4. Digital services need to be integrated with physical stores.( allowing online services) -the store is huge and hectic. -some customers do not like to waiting in line that caused by the slow worker. -parking place is far from the store. -fewer sales associates, less management, and longer lines at the check-out register.

Thursday, February 13, 2020

Leadership and Corporate Culture Essay Example | Topics and Well Written Essays - 750 words

Leadership and Corporate Culture - Essay Example To achieve this, corporate leaders must possess certain influences and powers that will enable them shape the cultures for the betterment of the organization and without infringing on the rights of either. The first tool most managers use is the delegation of duties. By delegating duties to their juniors in a responsible manner, the managers empower the employees who in turn will go to greater lengths to maintain consistency (Ferrell, Fraedrich & Ferrell, 2011).   Another crucial aspect is employee mentorship by the corporate leaders, who instill social and professional values on the employees that are in line with the attainment of the organization’s goals. Ferrell, Fraedrich, and Ferrell (2011) state that the corporate leaders can put in place proper conflict resolution mechanisms and good communication network in their quest to transform the organization’s culture. Perhaps the last but equally important power that a corporate leader can use to influence and shape t he general culture of the organization is to cultivate a culture of trustworthiness within the environment and outside the given organization. This normally has an effect of motivating the employees and subsequently identifying the organization with the said culture of motivation (Ferrell, Fraedrich & Ferrell, 2011).   Important ethical leaders in and organization and their various roles Varieties of ethical leaders exist with each having more or less distinct roles in an organization setting. Ethical leadership entails the consistent practice and advocacy for normative actions that promote social values through engaging the employees in communication, teamwork, and decision-making. Top on the list are the decision makers who always strive to make well-informed and timely decisions about matters pertaining to the organization. This group of ethical leaders plays a strategic and proactive role within the organization (Ferrell, Fraedrich & Ferrell, 2011). There are the public relati ons leaders whose main role in the ethical sense is to ensure good and effective communication with all the stakeholders within the company. Since communication is important in solving problems, these leaders can also play a role in conflict resolution. In addition, the mentors play a major role in motivating their junior within the organization by organizing such initiatives as the corporate social responsibility (Ferrell, Fraedrich & Ferrell, 2011).   Illustration of the relations between ethical leaders and stakeholders According to Ferrell, Fraedrich, and Ferrell (2011), stakeholders contribute to, depend on, involve in, or feel the effect of the organizations activities and therefore their interests should form part of the organization’s agenda. These include the shareholders, customers, investors, and partners, whose needs, interests, and preferences can seem farfetched but in the end determines the culture exhibited by the concerned organization. Since both direct an d indirect stakeholders affect the organizations culture, all the ethical leaders within the company normally exhibit cordial relationship with all the stakeholders irrespective of the background in terms of contribution, geographic location, and size. This way, virtually every stakeholder will get higher percentage

Saturday, February 1, 2020

Ethical issues in business statistics Essay Example | Topics and Well Written Essays - 1000 words

Ethical issues in business statistics - Essay Example Among the four branches of moral philosophical term â€Å"ethics†- Meta, normative, descriptive and applied ethics, business ethics has itself two dimensions, such as normative and descriptive dimensions. Corporate world and professionals is regulated by normative view of ethics where academicians use descriptive method to scrutinize the corporate behavior and practices. Statistics is such kind of tools which helps to abridge large volume of data into simple number which determines a conclusion. In business statistics, which employs the techniques and knowledge of statistics and mathematics into business phenomena to make decision, is now confronted and being challenged by ethical issues of business as well as by Christian point of view towards business in western world where Christianity is dominant. From the very beginning of history, philosophers had thrown some question to the statisticians in terms of ethical investigation. They urged for determining a course of action wh ich is recommended as well as followed by others. They also questioned about the possible outcome and its impact on everyone. After that they asked for the acceptance to the statisticians itself if the decision dictated by him will direct to him. Finally, they raised the question about the neutrality of the publication if it goes publicly. Though Philosophers intend is to develop generalization of business statistical outcome, professional business statistician’s real objectives is to create processes to deal ethical issues which they arise. A statistician has an obligation to his client as he is asked to handle the data. But there will raise a question about the ownership of data as who will be the righteous to data. Even though clients give consent to publish or any use of the data, it is statisticians obligation to protect the identities and honor of his clients and his organization. On the contrary, clients may try to dictate the possible result towards his comfort zone b efore the accomplishments of any research. So, it is a dilemma for the statistician to keep the agreement which have done before with his ethical- either personal or professional- obligation. Another challenge for a statistician is to deal with outlier effect. Outlier can be explained as an observation of any occurrence which is unusually either large or small compared to real volume. Proper solution can be raised through formulation of law and its implication. It will help to deal with the two’s, that is, ownership of data and search of significance and outlier. For example, if data is owed to the clients, he cannot change the statistical findings toward his own ease as it against the public policy. In terms of outlier, though it is legally defensible if disclosed, ethically not indeed. This is because if it done, the proper accountability will be lost. However, American statistical Association (ASA) has formulated 10 point ethical guidelines for statistical practices. The m ain issues of this guideline are to follow the confidentiality of information and maintain integrity in honestly and objectively. Other thing is that the whole inquiry should be purpose oriented and should not cross the boundary limit. Fulfilling the agreement with clients should give proper importance and should inform the clients before raising any conflict or probability of occurrence of any assumed