Reference no: EM133474329

Project Homework

As you continue on your path to earn a degree in business administration, you will deepen your understanding of how effective management is a crucial aspect of overall business success, especially in today's complex business world. As business and society continue to evolve, there will continue to be a demand for managers who are able to organize their resources and strategically implement the functions of management to achieve the goals of an organization.

The paper for the course is divided into two parts: Project One and Project Two. Both parts of the assessment will focus on decision making and the fundamental principles of management.

In Project One, with the help of your instructor, you will select a successful company from the list provided. You will analyze the company's best practices and effective implementation of the fundamental principles of management. Project One is divided into two milestones which will be submitted at various points throughout the course to scaffold learning and ensure quality submissions. These milestones will be submitted in Module Two and Module Three. Project One will be submitted in Module Five.

Task

For this homework you will submit a one-to two-page document that will provide a profile of your chosen successful company. This milestone will serve as a rough draft and must cover the six critical elements described in Part II of Prompt I. You are expected to provide a minimum of two to three sentences for each of the six critical elements: mission and vision, strategic management plan, organizational culture, decision making, principle of ethics, and human resources.

Specifically, the following critical elements must be addressed:

Profile of a Successful Company

Question A. Explain how the company has communicated its mission and vision within the organization. In other words, explain how the company demonstrates the importance of the mission and vision to employees and other stakeholders.

Question B. Identify the role that management played in helping this company execute its strategic management plan. Justify your response. You could consider including a specific example of a time when this management plan led the company to success.

Question C. Describe how management has helped to positively influence the organizational culture within this company. You could consider using some specific examples, actions, or strategies that show how management has positively influenced organizational culture.

Question D. Explain management's pivotal role in the decision-making process within this company. Be sure to include specific decisions made by management based on principles of ethics. You could discuss specific decision-making models used by the company that may have helped the company be successful.

Question E. Evaluate how the use of the functions of management within this company has adhered to the principles of ethics. You could consider how using the functions of management while adhering to the principles of ethics may have impacted the employees of the company.

Question F. Explain how this company strategically uses human resources to develop its personnel. You could consider how this use of human resources has enhanced the company's business processes.