Introducing new service products

Assignment Help Business Management
Reference no: EM133034760

Context Question

You are the CEO of a micro-sized rental and real estate firm. Your firm is part of a franchise. You initiated major changes in your firm's business (e.g. expanding into the real estate business and introducing new service products to new customer groups), which reflected the increasing competition in the rental and real estate market in your region. The situation created some tension between the manager and the employees during office meetings when new services were discussed.

A group of research invited your firm to take part in a 2-year study seeking to evaluate soft power and the role of emotions in decision-making using video-based observation methods. The objective of videography is to reconstruct situations where actions and interactions are difficult to observe and capture otherwise. The group of research proposed both "shadow observation" (just being there, without direct interference with daily tasks) to evaluate the day-to-day routine of employees and managers, and 15 h of video footage from various meetings in your firm.

What would be the benefits of taking part in this study, for the CEO, the manager, and the employees? What kind of decisions could you make from the findings of this study? What are the limitations and potential barriers related to the method?

Reference no: EM133034760

Questions Cloud

Formal and informal organisational communication channels : Identify and explain the terms formal and informal organisational communication channels
Business of folklore and marketing : What is the solution to symbols in business of folklore and marketing.
Describe strategy and strategic management process : Part A refers to the material in Lesson 1 of this course. Using logical, clear writing, do the following:
Quality of customer service : A hospital is another good example where constant improvements and competitiveness are needed to maintain their competitive edge, especially in larger cities wh
Introducing new service products : You are the CEO of a micro-sized rental and real estate firm. Your firm is part of a franchise. You initiated major changes in your firm's business (e.g. expand
What the amount of revenue recognized : Red Sox Construction Ltd. started a construction project for $4,500,000. What the amount of revenue recognized using the percentage completion method
Proposing an informational or analytical report : Please choose a topic and use creativity to flesh it out into a plan for an analytical report. Please use the headings below:
Describe the lloyd insurance market : 1. Describe the Lloyd's insurance market. 2. Outline how stock insurance companies use shareholder capital.
Application of roi in the stock valuation : What is your take-away of this part of reading; in particular, what's the building blocks of ROI?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd