UGB224 Business Management Assignment

Assignment Help Business Management
Reference no: EM133074899

UGB224 Business Management - University of Sunderland

Learning outcome 1: On successful completion of the module the student will have demonstrated: Knowledge:
Learning outcome 2: An understanding of the role of management in business
Learning outcome 3: An understanding of basic models, concepts, and organizational structures in business
Learning outcome 4: An understanding of the environment in which the business operates an understanding of the role of accounting in business

Skill 1: An appreciation of the complexity of the business environment
2: An ability to engage in basic business strategy Requirements:

Part A - Human Resource Management

The term ‘human resource management' has become more prominent in management discussion. How people are managed affects the strategic performance of an organisation - and this raises issues wider than those traditionally dealt with by personnel or industrial relations staff. Issues of job analysis, recruitment, selection and appraisal need to support the strategic direction of the organisation.

Factors stimulating the greater prominence of HRM, therefore, include more globally integrated markets, highly publicised ‘companies of excellence', the changing composition of the workforce and declining trade union membership. HRM is important for organisational performance in that it aims to establish a close fit between business strategy and HRM strategy. An organisation's HRM practices affect many aspects of employee well-being through their effects on matters like working hours, stress, and work-life balance. Such considerations should be included in assessments of the sustainability of its performance.

It is also important to note that companies operating internationally face the dilemma between standardising the HRM practices of overseas subsidiaries towards HQ practices, or favouring localisation, whereby overseas subsidiaries adopt management practices commonly used in that host country.

Using BMW as a case study (Visit the BMW website and see how the company presents itself and its cars), answer the following questions in a report form.
• What issues concerning the management of people are likely to be raised in a group such as BMW that has rapidly expanded production and distribution facilities?
• What image does BMW convey - and to deliver that image, what kind of behaviour would you expect of employees? What HRM practices may encourage/discourage that behaviour?
• How is increased overseas production likely to affect HRM policies?
• What are the advantages and disadvantages of performance-related pay?
• What benefits might BMW gain from a higher proportion of older workers? What do you think are the problems associated with an older workforce? How might human resource practices change to deal with this?
More generally, summarise the lessons you would draw from the BMW case.

PART B - LEADING by MOTIVATION

Managers who successfully influence other people usually do so because they understand what motivates them - this allows them to direct their attempts at influence in an intelligent way. Like any strategy, sustainable performance depends on people working with commitment to achieve it, which they will be more likely to do if their motivation is aligned with the goal of sustainability.
There are theories that describe the factors that motivate people and presents what are termed ‘process' theories of motivation.
Given the above basic information, provide answers (in a report form) to the following:
• Outline the basic assumptions of McGregor's Theory X and Theory Y. Hofstede has pointed out that discussion about McGregor's Theory X and Theory Y is based on observations in Western societies - which are different in many ways from the new economic powers in the East. What is your opinion?
• Explain Maslow's theory of human needs. How does Maslow's theory of human needs relate to the ideas of Frederick Taylor?
• Explain the difference between Herzberg's hygiene and motivating factors.
• Describe the psychological contract. What are you expecting (a) from an employer in your career and (b) from an employer who provides you with part-time work while you are studying?

PART C - Managing Operations and Quality

Operations management is the activities, decisions, and responsibilities of managing the production and delivery of products and services. This includes responsibility for people and process and product. The Operations transforms inputs to outputs, and the Transformation Process is the organisational system that takes these inputs: Facilities, Staff, Finance, Raw materials, Information, and transforms these into output - tangible goods or intangible services that can be sold in the market. The operations function adds value to the business. It outlines the nature of products and services and gives meaning to ‘quality'.
The growth of international trade brings challenges for operations managers as they seek to satisfy geographically dispersed customers in conjunction with equally dispersed suppliers.
With the information above, and using ZARA (visit their website) as a case study, provide answers (report form) to the following:
• Good operations management is based on process consistency. What do you think are the major managerial challenges in setting up an operations system to serve a fast-moving and fickle market such as fashion?
• Do you think the tendency towards globalisation helps or hinders Zara's success?
• Investigate the operational strategy of another large clothing retailer, such as Marks & Spencer. Can you identify any differences?
• While most organisations strive for excellence in some way or other consider the operational challenges in becoming and remaining a world leader.

Attachment:- Business Management.rar

Reference no: EM133074899

Questions Cloud

Cost of trade credit and bank loan : XYZ Inc. buys $10 million of materials (net of discounts) on terms of 3/5, net 60, and it currently pays on the 5th day and takes discounts. XYZ plans to expand
What is the bank lcr : A bank has an adjusted amount of $536 million in high-quality liquid assets, and $425 million in adjusted potential outflows, with an additional $75 million in
Simplified income statement of abc bank : The simplified beginning Balance Sheet of "ABC" Bank on December 31st , 2020 in Million USD is given by
Prepare the journal entry to record the sale : Prepare the journal entry(ies) to record the sale and related cost of goods sold for Buffalo Company on January 2, 2020, and the payment on January 28, 2020
UGB224 Business Management Assignment : UGB224 Business Management Assignment Help and Solution, University of Sunderland - Assessment Writing Service
How much would abc corp total income : ABC earned interest income of $12,000 during 1990. How much would ABC Corp.'s total income form its income would be on the profit or loss portion
Private placement versus a public offering : What is a private placement versus a public offering?
Describe the role of capital markets : Describe the role of capital markets from the firm's and investors' per-spectives. What is the efficient markets hypothesis?
Transaction exists with bank a and bank b : The following transaction exists with bank A and Bank B, which have netting agreement in place. Complete the following table. Please use information from table

Reviews

len3074899

1/27/2022 9:36:22 PM

Excellent analysis and good referencing. At list 7-8 References. Good structure of the assignment. Make sure you did good research on the companies that need to be in this work. High standard of academic language.

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