Management Control Essays (Examples)
Study Document
Identifying Key Characteristics Of A High Performance Project Team
… international projects such as Project Abu Dhabi?
It is important that project team members work well together on international projects…[break]…not spiral out of control. The best way to do that is to lead an open and frank discussion in which the storming phase of Tuckman’s five stages … in which the storming phase of Tuckman’s five stages of group development can transpire. Gatenby will have to lead the way and show control, but the clearing the air phase has to happen, and the disgruntled employees have to own up to their own mistakes and be … stages of group development, Gatenby should now focus on the storming phase and allow everyone to voice his opinions while he himself seizes control of the group and gets them to focus on the task at hand in spite of their dislikes……
References
References
Lumsden, G., Lumsden, D., & Weithoff, C. (2010). Communicating in groups and teams: Sharing leadership (5th ed.). Boston, MA: Wadsworth Cengage Learning.
Muslihat, D. (2018). Why You Need Good Teamwork For Project Management Success. Retrieved from https://zenkit.com/en/blog/why-you-need-good-teamwork-for-project-management-success/
Natvig, D., & Stark, N. L. (2016). A project team analysis using Tuckman's model of small-group development. Journal of Nursing Education, 55(12), 675-681.
Study Document
Darden And Offshoring The Supply Chain
… each of the countries. Logistics are also going to be a challenge, as coordination among all the various suppliers has to be tightly control. Darden faces these issues and hires locally so as to overcome language barriers and centralizes its supply chain management so that it is tightly control. Other industries, such as the automotive industry, approach the supply chain differently. Audi for instance uses just-in-time delivery but can do so because … a supplier locally that manages the logistics so Audi does not have to.
References
Heizer, J., Render, B. & Munson, C. (2016). Operations management, 12th Edition. Pearson. ISBN: 9780134163567…
References
References
Heizer, J., Render, B. & Munson, C. (2016). Operations Management, 12th Edition. Pearson. ISBN: 9780134163567
Study Document
Workplace Trends And Changes
… a profession that is generally socially seen as being work that women excel at. Men tend to pursue careers in engineering or in management or in information technology—professions where there is a lot of critical thinking going on. The Administrator must be conscious of this fact and ……
References
Works Cited
Ghaffary, S. Political tension at Google is only getting worse. Vox, 2019. https://www.vox.com/recode/2019/8/2/20751822/google-employee-dissent-james-damore-cernekee-conservatives-bias
Kreager, Derek A., and Jeremy Staff. "The sexual double standard and adolescent peer acceptance." Social psychology quarterly 72.2 (2009): 143-164.
Nilsson, Warren. "Positive institutional work: Exploring institutional work through the lens of positive organizational scholarship." Academy of Management Review 40.3 (2015): 370-398.
O'Neil, Adrienne, et al. "The# MeToo movement: an opportunity in public health?." The Lancet 391.10140 (2018): 2587-2589.
PLBSH. Yes, Men Can Be Sexually Harassed In The Workplace. PLBSH, 2019. https://www.plbsh.com/yes-men-can-be-sexually-harassed-in-the-workplace/
Wong, N. & Chin, Y. “Issues and Challenges Faced by Generation X While Managing Generation Y.” International Journal of Business and Social Science 7.2 (2016): 167-170.
Study Document
Globalization Of Insurance
… exercise of hubris, FASB has attempted to serve the needs of all three fields at the expense of manager or owner needs for control and performance measurements” (p. 40). With fair value accounting there is no degree of comparability as “each manager would be required to make ……
References
References
Egan, M. (2018). Tax cut triggers $437 billion explosion of stock buybacks. Retrieved from https://money.cnn.com/2018/07/10/investing/stock-buybacks-record-tax-cuts/index.html
Flegm, E. H. (2008). The Need for Reliability in Accounting. Why historical cost is more reliable than fair value. Journal of Accountancy, 205(5), 34.
Healy, P. M., Palepu, K., & Serafeim, G. (2009). Subprime Crisis and Fair-Value Accounting. HBS Case, (109-031).
Laux, C., & Leuz, C. (2010). Did fair-value accounting contribute to the financial crisis?. Journal of economic perspectives, 24(1), 93-118.
Light, L. (2019). More than Half of All Stock Buybacks are Now Financed by Debt. Here’s Why That’s a Problem. Retrieved from https://fortune.com/2019/08/20/stock-buybacks-debt-financed/
Reda, J. (2018). How Stock Buybacks Can Affect Executive Compensation. Retrieved from http://clsbluesky.law.columbia.edu/2018/08/03/how-stock-buybacks-can-affect-executive-compensation/
Young, M. R., (2008). Both sides make good points. Journal of Accountancy, 205(5), 34.
Vaughan, E. J., & Vaughan T. M., (2013). Fundamentals of Risk and Insurance, 11th Edition.
Study Document
Elon Musk And Power At Tesla
...Management control Tesla is a company that has had at least a 5 year relationship with its CEO Elon Musk. Up until recently Musk was also Chairman of the Board. He was removed from his role as Chairman as part of a settlement with the Securities and Exchange Commission (SEC). The settlement resulted from charges filed by the SEC relating to securities fraud when Musk’s public Tweet on Twitter about taking the company private and that he had “funding secured.” The statement was shown to be a lie (Gaydos, 2018). Musk settled with the SEC and paid a hefty fine and Robyn Denholm replace Musk as Chairman of the Board. Denholm had been a Board member for five years up to that point (Porter, 2018). Thus, up until Musk’s run-in with the SEC in 2018, he had been both CEO and Chairman of the Board—which can serve as a conflict of interest,……
References
References
Abels, P. B., & Martelli, J. T. (2013). CEO duality: how many hats are too many?. Corporate Governance: The international journal of business in society, 13(2), 135-147.
Dickins, D. (2010). CEO and COB duality: Does it matter. Internal Auditing, 25(4), 35-38.
Gaydos, R. (2018). Elon Musk may have violated Tesla’s conduct and ethics code after smoking up in podcast interview: report. Retrieved from https://www.foxnews.com/tech/elon-musk-may-have-violated-teslas-conduct-and-ethics-code-after-smoking-up-in-podcast-interview-report
Porter, J. (2018). Tesla has found a new chairperson to replace Elon Musk. Retrieved from https://www.theverge.com/2018/11/8/18074800/tesla-new-chair-2018-robyn-denholm-elon-musk
Yang, T., & Zhao, S. (2014). CEO duality and firm performance: Evidence from an exogenous shock to the competitive environment. Journal of Banking & Finance, 49, 534-552.
Study Document
Childrens Amusement Park
… marketing objectives for this paper are to create a strategic marketing plan that considers the situational analysis, target segmentation, marketing mix, financials and control needed to get the Park to the kids and get parents to buy an annual membership.
The vision for the Park is to … will use to reach consumers. Fifth will be the financial and budgetary concerns. And last will be a discussion of how to improve, control and monitor progress.
Situation Analysis
SWOT
Strengths of the amusement park are that it appeals to the community in which it is situated: … food and beverage products will be the main revenue streams for the business and all budgeting for staff, maintenance crew, cleaning crew, and management will come from these streams.
The following will be prices for admission/membership:
Annual Family Membership: $450
Annual Single Person Membership: $95
Single Day … the company.
Promotional costs will……
References
References
Andzulis, J. M., Panagopoulos, N. G., & Rapp, A. (2012). A review of social media and implications for the sales process. Journal of Personal Selling & Sales Management, 32(3), 305-316.
Appelbaum, S. H., Habashy, S., Malo, J. L., & Shafiq, H. (2012). Back to the future: revisiting Kotter's 1996 change model. Journal of Management Development, 31(8), 764-782.
Chyi, H. I. (2005). Willingness to pay for online news: An empirical study on the viability of the subscription model. Journal of Media Economics, 18(2), 131-142.
Douglas, E. (2019). Houston economy to grow bigger, slower than other Texas cities: analysis. Retrieved from https://www.houstonchronicle.com/business/economy/article/Houston-economy-to-grow-bigger-slower-than-other 13903941.php#targetText=The%20Austin%20metro%20area%2C%20which,pace%2C%20according%20to%20the%20projections.
Frederick, S., Novemsky, N., Wang, J., Dhar, R., & Nowlis, S. (2009). Opportunity cost neglect. Journal of Consumer Research, 36(4), 553-561.
Lin, C. F. (2002). Segmenting customer brand preference: demographic or psychographic. Journal of Product & Brand Management, 11(4), 249-268.
Mangold, W. G., & Faulds, D. J. (2009). Social media: The new hybrid element of the promotion mix. Business horizons, 52(4), 357-365.
Teece, D. J. (2010). Business models, business strategy and innovation. Long range planning, 43(2-3), 172-194.
Study Document
Symbolic Frame Of Organizational Analysis Walt Disney Company
… encapsulate an organization’s written codes of ethics and values.
Therefore, symbols become one of the most powerful means by which to create and control organizational culture. Bolman & Deal (2013) explain the five assumptions underlying the symbolic frame. The first involves the salience of meaning. What matters … during times of change or crisis. Symbols can help members of the organization find guidance, resolve conflict and confusion, increase the locus of control or sense of certainty, or to find meaning, hope, or value in any situation.
Fourth, organizational processes and singular events become part of … of human consciousness and cognition (Bolman & Deal, 2013, p. 254). The symbolic frame shows how organizations create and implement long-range strategies for management, marketing, and more.
Framing Disney
Few organizations could possibly prove to be a better example of the symbolic frame than the Walt Disney … potentially limitless categories of consumer……
References
References
“About the Walt Disney Company,” (2020). Retrieved from: https://thewaltdisneycompany.com/about/
Boguszewicz-Kreft, M., Kreft, J. & Zurek, P. (2019). Myth and storytelling: The case of the Walt Disney Company. Myth in Modern Media Management and Marketing. DOI: 10.4018/978-1-5225-9100-9.ch002
Bohas, A. (2014). Transnational firms and the knowledge structure: The case of the Walt Disney Company. Global Society 29(1): 23-41.
Bolman, L.G. & Deal, T.E. (2013). Reframing organizations. John Wiley & Sons.
Di Giovanni, E. (2014). Cultural otherness and global communication in Walt Disney films at the turn of the century. The Translator 9(2): 207-223.
Forbes, W. & Watson, R. (n.d.). Destructive corporate leadership and board loyalty bias. Retrieved from: https://www.city.ac.uk/__data/assets/pdf_file/0005/56372/2A_Forbes.pdf
Wasko, J. (2001). Challenging Disney myths. Journal of Communication Inquiry 23(3): 237-257.
Study Document
Self Regulation Proposal
… our industry: “Given the complexity and global nature of the modern financial market, any government's attempt to regulate it in a purely unilateral command-and-control manner will inevitably encounter the fundamental problem of regulatory arbitrage, whereby financial institutions find new ways to get around government rules, thus creating … is not only a viable alternative to external regulation by third party agencies, it is also a necessary step towards the reduction and management of risk. Companies alone have the most access to records and numbers, to workers and actions that may need investigating: external regulators do ……
References
References
Arner, D. W., Barberis, J., & Buckey, R. P. (2016). FinTech, RegTech, and the reconceptualization of financial regulation. Nw. J. Int'l L. & Bus., 37, 371.
Arnone, M., & Padoan, P. C. (2008). Anti-money laundering by international institutions: a preliminary assessment. European Journal of Law and Economics, 26(3), 361-386.
Greene, E., & Odorski, C. (2015). SEC enforcement in the financial sector: addressing
Omarova, S. T. (2010). Rethinking the future of self-regulation in the financial industry. Brook. J. Int'l L., 35, 665.post-crisis criticism. Bus. L. Int'l, 16, 5.
Omarova, S. T. (2011). Wall street as community of fate: Toward financial industry self-regulation. University of Pennsylvania Law Review, 159(2), 411-492.
Pritchard, A. C. (2003). Self-regulation and securities markets. Regulation, 26, 32.
Study Document
Conflict Styles That Prevent Collaboration Among Team Members
… 2014, p. 220).
Power
Power refers to influence, i.e., who holds the most leverage in any situation and thus is most likely to control the outcome. In my relationship with my friend, we are both vying for the most power. Neither wants to feel out of control—that is the reason we both act this way. Yet, ceding control does not necessarily mean that one is handing over power. Power can be exercised in many ways, including silently and indulgently. People see ……
References
References
Hocker, J.W., & Wilmot, W.W. (2014). Interpersonal conflict (9th ed.). VitalSource Bookshelf.
Sanchez-Nunez, M., Patti, J. & Holzer, A. (2015). Effectiveness of a leadership development program that incorporates social and emotional intelligence for aspiring school leaders. Journal of Educational Issues, 1(1), 5-9.
Wallensteen, P. (2018). Understanding conflict resolution. SAGE Publications Limited.
Study Document
Ethical Issues Conflicts Of Interest
...Management control Ethical Issues
Conflicts of Interest
Conflict of interest emerges when an inividual in power uses their position to exploit situations to their advantage. For instance, if a law firm attempted representing the same couple in a divorce case (Legal Dictionary, 2018). Conflict of interest is a manifestation of structural failures of any society. The practice touches on a wide range of societal elements, including legal, political, and administrative aspects. Once public officers engage in acts of conflict of interest, they lose public trust (Pathranarakul, 2005).
Prosecutors often find themselves in the tight sport of conflict of interest. It is easy to be diverted from the mission to deliver justice when one is a prosecutor because of the ever-conflicting interests, and motivations one is exposed to (Green &Roiphe, 2017). In the case of lawyers, incidents in which personal interest comes into conflict with that of the client amount to a conflict……
References
References
Alterio, E. (2011). From judicial comity to legal comity: A judicial solution to global disorder?I-CON, 9(2), 394-424. doi: 10.1093/icon/mor036
BrainMass. (2019). Correctional officer subculture: Ethics. Retrieved from https://brainmass.com/law/familylaw/correctional-officer-subculture-ethics-165895
Filgueiras, F. (2011).Transparência e controle da corrupção no Brasil. In: Corrupção e sistemapolítico no Brasil, edited by Leonardo Avritzer and Fernando Filgueiras. Rio de Janeiro: CivilizaçãoBrasileira.
Kindregan, C. (1975).Conflict of interest and the lawyer in civil practice. Retrieved from https://scholar.valpo.edu/vulr/vol10/iss3/2
Legal Dictionary. (2018). Conflict of interest. Retrieved from https://legaldictionary.net/conflict-of-interest/
Lilles, H. (2002). Circle sentencing: Part of the restorative justice continuum. IIRP. Retrieved from https://www.iirp.edu/news/circle-sentencing-part-of-the-restorative-justice-continuum
Montes, A., Mears, D., &Conchran, J. (2016). The privatization debate: A conceptual framework for improving (public and private) corrections. Journal of Contemporary Criminal Justice. 32(4). Retrieved from https://www.researchgate.net/publication/305418634_The_Privatization_Debate_A_Conceptual_Framework_for_Improving_Public_and_Private_Corrections
Off, C. (1999). How can we trust our fellow citizens? In: Democracy and trust, edited by Mark Warren. Cambridge: Cambridge University Press.
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