What are the Value and Assumptions of Business Strategy?

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Question Philip Roscoe argues that economic thinking has become very influential within modern society, and this is certainly true in the area of management and corporate strategy. What underlying assumptions stemming from economic theory can you identify in the article by Peter Cohan?  Describe why they are underlying and whether they are reality or value assumptions?  Finally, discuss whether you agree with the assumptions you identified.  Why or why not? Dyer, L. (2006). Critical Thinking for Business Students. Captus Press. (Chapter 4: Underlying assumptions) Roscoe, P. (2014). I Spend Therefore I Am: How Economics Has Changed the Way We Think and Feel. Random House Canada. (Chapter 2: From Truck and Barter to the Meaning of Life) Sample paper What are the Value and Assumptions of Business Strategy? Economic thinking according to Roscoe (2014) has turned to be greatly influential in modern society, and this is undoubtedly true in the area of corporate strategy and management. Organization leaders are focusing on employing the best management and corporate...
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Describe the challenges and benefits of implementing a cyber security risk mitigation strategy for a real or fictional company.

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Question Identify cyber security risk components that may exist within your real or fictional company. Develop and describe a cyber security risk mitigation strategy for a real or fictional company. Describe the challenges and benefits of implementing a cyber security risk mitigation strategy for a real or fictional company. Sample paper Risk Management With the rampant use of technology in recent years to conduct most business operations, it has become easier for a cyber criminal to launch attacks from time to time. Through cyber attacks and crime, criminals and unauthorized personnel can get access to confidential and sensitive information and data regarding a business or an individual. Therefore, it is the duty of every organization, institution or an individual to make sure that all sensitive and confidential information is protected and out of reach of any unauthorized people. Computer security emphasizes on the protection of organizational and individual computer systems from the damage to their data, information software as well as hardware (Loiseau & Lemay, 2013).  Some...
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Describe the purposes and benefits of each one, the challenges involved in creating each one, and how each one fits into a risk management strategy.

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Question You have been asked to present information to your company’s board of directors regarding each of the following items: business continuity plan (BCP),disaster recovery plan (DRP),business impact analysis (BIA), andoperational risk management strategy (ORM). Create a written report consisting of at least three pages in which you describe the purposes and benefits of each one, the challenges involved in creating each one, and how each one fits into a risk management strategy. Also, assemble and present a policy for planning and performing each of the processes above. Sample paper Risk Management Risk management is increasingly becoming one of the important issues in business management considering that each business decision has a level of risk associated with it.  All businesses and organizations need to take risks for them to grow and develop.  Risk management largely focuses on understanding, analyzing, and handling risks to ensure that companies and entities attain their organizational objectives and goals. Therefore, risk management processes must be proportionate to the complexity and...
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Discuss how cultures, structures, and process impact the risk management process.

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Question Measuring Risk Organizations must be able to manage risk, but in order to do so, companies must be able to measure it. The terminology used to measure risks include risk, tolerance, and sensitivity as well as assessment, measure, and perceptions.prepare an essay of at least two pages outlining how risk measures have developed and evolved over time. Your essay should also outline qualitative and quantitative measures of risk and discuss how cultures, structures, and process impact the risk management process. Sample paper Discuss how cultures, structures, and process impact the risk management process. Whenever an organization undertakes a project, a risk is unavoidable, since projects empower change and whenever an organization has a change, there is an introduction of uncertainty and hence threat. Risks can be described as uncertain events which, when they occur in an organization, they adversely affect the predetermined objectives of a project. As a result, most organizations have adopted the art of designing and implementing risk management programs aimed at...
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What are the benefits an organization can receive from the adoption of a risk management program?

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Question What is risk management? What are the benefits an organization can receive from the adoption of a risk management program? Describe the risk management process. What roles do security and capacity play within the risk management process? What is the purpose of a risk management methodology? Describe the various risk management methodologies used for risk assessment. Sample paper Risk management In recent years, risk management is increasingly becoming one of the important components of the business. Any business decision has a degree of risk that is associated with it.  Risk can be identified as any probability or threat or any other form of a negative occurrence caused by external or internal vulnerabilities.  To be in a position to identify, evaluate and mitigate or treat these liabilities, a company needs to design and adopt risk management programs.  Risks can come from different sources such as uncertainty in financial markets or threats from project failure.  However, it is the duty of the risk management team under the stewardship of...
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INDUSTRIAL LABOR MANAGEMENT MGMT348-PART 3

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Question Prepare a 6-column, 5-row chart for the following countries and parameters: Columns (countries) are: Japan Mexico India China Italy Germany Rows (factors to research) for each country are: Average manufacturing wage Country's minimum wage Typical restrictive work rules where there are unions How unions enhance or detract from company results Country's unemployment rate It is unlikely that you will find all of the necessary data in one online database. Instead, you will have to research a number of different ones. In addition, in some cases you may have to make calculations from a "base=100" report to get an actual dollar figure. Ensure that you cite the references used, in proper APA format. Wikipedia is an unacceptable reference For minimum wages, try one of the following sites: Minimum Wages database List of minimum wages by country For unemployment percentages try the following site: Unemployment rate (most recent) by country (be sure to note the year of the data) Your recommendation summary should explain which country you recommend for the future overseas expansion, based solely on the HR in your chart. Answer   Japan Mexico India China Italy Germany Average manufacturing wage 15 USD per...
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The Collective Bargaining Process- MGMT348-Part 2

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Question  The student will define and discuss what collective bargaining is. The student will research, outline, and discuss all of the steps of the collective bargaining process. The student will research, outline, discuss and evaluate of the best practices for collective bargaining strategies. The student will research, outline, discuss and evaluate the arguments against and pro collective bargaining. The student applied correct APA, style, usage, grammar, sentences and punctuation. The student supported the research paper with at least four different scholarly sources such as research journals, research studies, government or accredited educational institutions Web sites. Answer The Collective Bargaining Process The collective bargaining process definition The collective bargaining process can be defined as a situation whereby the negotiation of wages & salaries and the employment terms & conditions is conducted by an organized body representing the employees (Marchington & Wilkinson, 2006). The range of issues negotiated in a collective bargaining process involve a myriad of issues such as safety policies, training, job health issues, balancing work and family life, and...
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Industrial Labor Management MGMT348-Part 1

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Question  Create a PowerPoint presentation including the following: 12 to 15 slides Speaker notes Colored background Clip art or eye-catching graphs or pictures Review all 3 of the following cases and labor issues: Griggs vs. Duke Power Either the Supreme Court's ruling about reverse discrimination involving the New Haven, Connecticut Fire Department, or the Bakke Case WARN legislation For each of the 3 cases and labor issues, describe the following: What the issue was about Why its broad application to business in general is important to HR managers like Jane and line managers Answer Industrial Labor Management Griggs V. Duke power Co. was a landmark ruling argued in the U.S. Supreme Court (Findlaw. (n.d). The landmark ruling was made in 1971, and involved adverse impact theory and employment discrimination. This case was presented to court by NAACP Legal Defense and Educational Fund (LDF) on behalf of the employees of African-American descent. In this case, Duke Power Co. had for a long time segregated its employees along racial lines. The best kind of jobs were reserved...
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Employee Retention Factors and Strategies-HR400

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Question Assignment: Employee Retention Factors and Strategies Attracting and retaining the best employees are some of the most important actions an organization can take to achieve its goals. In this Assignment, you will be analyzing the factors that influence employee recruitment and retention. In this Assignment, you will be assessed on the following outcomes: HR400-6: Examine the factors that influence employee recruitment and retention. GEL-1.2: Demonstrate college–level communication through the composition of original materials in Standard English. Learning Activity It is strongly recommended that you complete this Learning Activity after completing all the unit readings and before beginning your Assignment. This will help you practice important concepts related to skills needed for the Assignment. Assignment: Before starting this Assignment, review the Assignment Checklist. Using employee retention and employee retention strategies as search terms, select and read three articles on employee retention in the Kaplan University Library. Then, in a Word document, write a 2– 3 page expository research paper addressing the following: Identify three factors that that have an impact on attracting (recruitment) and retaining employees (retention). Provide a description...
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Forecasting

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Forecasting Successful organizations are also those who are able to make relatively accurate forecasts about the future needs (inventory, facilities, capacity, manufacturing, manpower) for the products produced or the services delivered. Forecasting is an uncertain science since it calls for predictions but current theoretical and mathematical models (quantitative and qualitative) make it possible for organizations to predict with an acceptable margin of error. Think about it this way; without forecasting organizations would always be responding rather than acting. Select one industry from the list below: Bank, restaurant, health clinic/hospital, airline, or university. What specific variables would be needed by that organization in order to forecast? Be sure you explain why you selected each variable and why it is important to forecasting Which variables are used for short-range forecasting, long-range forecasting, or for both. Make sure you support your selections. Answer Forecasting Everything in life nowadays needs planning particularly business organization. Forecasting is one of the planning tools that provide an insight and prediction of the...
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