Management Essays (Examples)
Study Document
Revealing Bias In The Tweets Of Tesla CEO Elon Musk
...Management Preventing Bias on Twitter
Elon Musk is the CEO of Tesla and is a popular leader in the EV space. He is active on Twitter but has made some controversial tweets in the past. One came when he stated that he was going to take Tesla private at $420 per share (an inside joke later revealed to be made for his much younger girlfriend at the time Ms. Grimes). Another came when he called Thailand cave diving hero Vern Unsworth “pedo guy” and was subsequently sued for defamation. Another came recently when Musk said that “the coronavirus panic is dumb” (Stewart, 2020). Musk tends to present information in cavalier ways, often trying to appear humorous to a younger generation of stakeholders who tend to idolize him.
Any bias presented by Musk is towards those who do not heap adulation and praise upon him. He subtly attacked Bill Gates after Gates’……
References
References
Marofsky, M., Grote, K. (Writers), Christiansen, L., Dean, W. (Directors), Christiansen, L., &Hommeyer, T (Producers). (1991). Understanding our biases and assumptions [Video file]. Retrieved from Films on Demand database.
Stewart, E. (2020). Elon Musk’s coronavirus journey: A timeline. Retrieved from https://www.vox.com/recode/2020/3/19/21185417/elon-musk-coronavirus-tweets-panic-ventilators-chloroquine-tesla-factory
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Ethics And Issues In Public Administration
...Management An occasion in which a public sector leader acted in an unethical manner was when he unquestioningly accepted a potentially damaging organizational culture that he inherited from the previous administration. The leader did not stop to consider that the culture of the government that he was now in charge of was rife with corruption and long time staffers who were engaged in all manner of schemes that served to benefit them, friends, and so on—particularly through the rewarding of contracts to friends, getting money for unnecessary jobs, spying, abuse, harassment, and so on. The leader accepted the culture as just the way the office was run and did not try to fix it, thinking that if this was the way it worked under his predecessor it must be okay.
It turned out to be not okay when a particular grievance was filed by a female staffer against several upper level……
Study Document
Elon Musk And Power At Tesla
...Management 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
Why Generational Gaps Exist In The Workplace
...Management Peer Responses
Peer 1: Celia Davis
Your focus on generation differences is interesting and I feel that I share some of them, but I also wonder like you how much of it is cultural and not necessarily generational, as Quehl (n.d.) points out. I think that cultural values have changed and they continue to change and we are people who are no longer in step with the popular cultural values of self-assertion and of young people being taught that their will is valid even if an older person is trying to correct them. That is a big problem I see happening with the upcoming generation: they are being misled down this road of the idea that their self-esteem is all that matters when in reality nobody cares about their self-esteem and just want to know if they have the skills to do a job or not.
References
Quehl, G. (n.d.). The……
References
References
Benjamin, T. (2016). Generational characteristics of the workplac (Links to an external site.)e (Links to an external site.). (Links to an external site.) Houston Chronicle. Retrieved from http://www.chron.com/
Study Document
Organizational Concepts
...Management Organizational mission: the organization's mission and purpose, stated in terms of benefits to customers, employees, and society
The mission of an organization is its guiding purpose, its reason for existing beyond the superficial aims of profiting its shareholders, owners, and staff members. At the very least, the organizational mission is linked to its core goals or objectives, which include the target population or market it serves, as well as why, and most importantly, how it will achieve those goals (Ahmed, 2019). The organization can also choose to break down its mission into more specific parts, explaining factors like its operating goals, overall performance objectives, use or allocation of resources, position in the marketplace, and more (Daft, 2013). Its mission statement will typically reveal the organization’s role vis-a-vis society at large, the target market or customer base, and also its employees.
All organizations serve some sort of need, typically via the……
References
References
Ahmed, A. (2019). Importance of mission vision in organizational strategy. The Chronicle. Retrieved from: https://smallbusiness.chron.com/importance-mission-vision-organizational-strategy-16000.html
Daft, R.L. (2013). Organizational theory and design. Boston: Cengage.
Metcalf, T. (n.d.). Contingency theory of organization. The Chronicle. Retrieved from: https://smallbusiness.chron.com/contingency-theory-organization-73865.html
Morgan, G. (2006). Images of organization. Thousand Oaks, CA: Sage.
Sire, J.W. (2009). The universe next door. Intervarsity.
Suhomlinova, O. & Currie, G. (2016). Organizational contingencies. The Blackwell Encyclopedia of Sociology. Retrieved from: https://doi.org/10.1002/9781405165518.wbeoso019.pub2
Study Document
Stock Dividend Vs Stock Split
...Management A stock dividend is when the company uses the money that would ordinarily go to pay shareholder dividends but instead uses it to buy additional shares for the shareholder. The stock split occurs when the company issues new shares (2 or more) for every existing share held by investors. The former action decreases the overall float in the marketplace, which means the share price is likely to be driven up—good for investors if they want to sell. The latter is dilutive and increases the float by doubling the number of shares available for purchase.
It really depends on the company. For instance, Apple split its stock 7:1 in 2014, which drove the price down significantly and made it more attractive for retail buyers (Stock Split, 2019). Because many retail buyers view Apple as at the forefront of the tech industry, they were willing to buy. Apple, too, has been conducting……
Study Document
Federal Reserve Operations And Market Impact
...Management What tools are used by the Federal Reserve to implement monetary policy?
Monetary policy refers to the actions undertaken by the Federal Reserve, which is the central bank, to control credit and its flow within the United States economy. Significantly, what occurs with money and credit influences interest rates and also the performance of the nation’s economy as a whole (Federal Reserve Education, n.d).
The Federal Reserve presently utilizes numerous tools in the implementation of monetary policy about its statutory obligation to nurture maximum employment and stability in prices. The following are the tools:
1. Open market operations (OMO)
The Fed carries out OMO in domestic markets. The terminology open market implies that the Federal Reserve does not decide on its own concerning the kind of securities dealers it will carry out business with on a certain day. Instead, this choice emanates from an open market whereby the different securities……
References
References
Brandl, M. (2020). Money, banking, financial markets & institutions. New York: Cengage Learning.
Federal Reserve Education. (n.d). Monetary Policy Basics. Retrieved from: https://www.federalreserveeducation.org/about-the-fed/structure-and-functions/monetary-policy
Federal Reserve. (2017). Monetary Policy Tools. Retrieved from: https://www.federalreserve.gov/monetarypolicy/bsd-monetary-policy-tools-201711.htm
Lumen Learning. (n.d). Macroeconomics: How a Central Bank Executes Monetary Policy. Retrieved from: https://courses.lumenlearning.com/suny-macroeconomics/chapter/tools-of-monetary-policy/
Study Document
Motivation
...Management Problem with Extrinsic Motivation and How Maslow's Theory Can Help
Introduction
Tesla has been identified as a company that struggles with employee motivation under CEO Elon Musk, who has attempted to push his employees to outperform in order to meet production targets (James, 2019). Rather than using intrinsic motivation to compel employees to self-actualize and reach their fullest and maximum levels of potential, Musk uses extrinsic motivation—which only takes one so far before the trade-off between excessive labor and long hours fails to seem worth it to employees (James, 2019). As Gerhart and Fang (2015) explain, pay, benefits and bonuses are extrinsic motivators that companies use to push employees to meet targets. However, at some point employees will conduct a cost-benefit analysis of their own and determine whether the additional labor and longer hours are worth the extra benefits or bonuses. The reliance by the company upon extrinsic motivators hits……
References
References
Automotive News. (2019). Tesla burning through execs like cash. Retrieved from https://www.autonews.com/executives/tesla-burning-through-execs-cash
Gerhart, B., & Fang, M. (2015). Pay, intrinsic motivation, extrinsic motivation, performance, and creativity in the workplace: Revisiting long-held beliefs. Annual Review of Organizational Psychology and Organizational Behavior, 2, 489-521
James, G. (2019). Elon Musk Ain't All that Great at Motivating Employees. Retrieved from https://www.inc.com/geoffrey-james/elon-musk-ant-all-that-great-at-motivating-employees.html
Maslow, A. H. (1943). A theory of human motivation. Psychological Review, 50(4), 370.
Wong, C. (2018). Tesla workers say they pay the price for Elon Musk's big promises. Retrieved from https://www.theguardian.com/technology/2018/jun/13/tesla-workers-pay-price-elon-musk-failed-promises
Youssef-Morgan, C. & Noon, A. (2017). Industrial/Organizational psychology (2nd ed.). Retrieved from https://content.ashford.edu/ " target="_blank" REL="NOFOLLOW">
Study Document
Recruitment Of Talented Employees
...Management Recruiting and Attracting Talent:
Using HR to Improve Company Performance
A commonly cited cliché is that an organization is as only good as its people; in other words, that talent and organizational performance go hand-in-hand. This is even truer today than it has been in past eras, as companies must strive to differentiate themselves from other organizations with a similar price point. Service is key, which demands recruiting and attracting top talent. It also means retaining such talent with the right balance of extrinsic and intrinsic rewards. According to the McKinsey consulting firm’s senior partners Scott Keller and Mary Meaney, the evidence suggests that the very best people do the majority of the work at most organizations, thus hiring and keeping the right people can result in productivity gains as well as cost savings due to retention. Keller & Meaney (2017) estimate that high performers are 400% more productive than……
References
References
Bajic, E. (2013). The 6 steps for retaining good employees. Forbes. Retrieved from:
https://www.forbes.com/sites/elenabajic/2013/07/15/the-6-steps-for-retaining-good- employees/#63a92aa5721f
Fallon, N. (2016). 6 steps for learning how to recruit the best talent. Business News Daily.
Retrieved from: https://www.businessnewsdaily.com/6252-tips-for-recruiters.html
Keller, S. & Meaney, (2017). Attracting and retaining the right talent. McKinsey. Retrieved
from: https://www.mckinsey.com/business-functions/organization/our-insights/attracting - and-retaining-the-right-talent
Williams, D. & Scott, M. (2012). Five ways to retain employees forever. Harvard Business
Review Retrieved from: https://hbr.org/2012/11/five-ways-to-retain-employees
Study Document
Code Of Conduct Policies Of US Universities
...Management Code of Conduct Policies
Locate three Code of Conduct policies from three different universities/colleges.
Codes of conduct from three universities have been explained below;
Thomas Edison State University (TESU)
This code of conduct policy aims at defining and advising enrollees of the institution’s conduct code, and describing violations and associated penalties. Further, it outlines a student appeal and hearing process to aid those students who feel the institution has wrongly charged them with violation of scholastic integrity standards.
Boston University (BU)
The academic code of conduct of BU attempts at facilitating the cultivation of an environment conducive to student learning. It explains the ethical requirements of BU students, in addition to guaranteeing student responsibilities and rights owing to their being a member of an academic community. Additionally, it is clear on procedures and policies pertaining to academic conduct. It forms the basis of a professional atmosphere of student integrity in……
References
Bibliography
Boston University. (2019, December 28). Academic Conduct Code. Retrieved from Boston University: https://www.bu.edu/academics/policies/academic-conduct-code/
Brown University. (2019, December 28). The Academic Code. Retrieved from Brown University: https://www.brown.edu/academics/college/degree/sites/brown.edu.academics.college.degree/files/uploads/Academic-Code.pdf
Thomas Edison University. (2019, December 28). Academic Code of Conduct. Retrieved from Thomas Edison University: https://www.tesu.edu/academics/catalog/academic-code-of-conduct
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