The Role Of Power And Its Impact On The Organization

The phenomenon of power is omni-present, and can be seen in any organisational structure where people need to be managed. Power is essential for any organisation to function as it ensures smooth execution of tasks and movement of information along with the ability to monitor or influence actions of the employees. It provides employers the capability to direct and co-ordinate the workers to attain the objectives of the organisation. Power is defined as â€Å"the intentional influence over the beliefs, emotions and behaviours of people† (French and Bell, 1999). Using this definition in a contemporary organisational environment would designate ‘people’ for workers, and they would be influenced by the superiors in the organisation in order to inculcate their corporate culture. Workers adopt a professional demeanour upon which they act in an organisation. The concept and facets of ‘disciplinary power’ (Foucault, 1979) shall be elaborated to conceptualise the definition along with some contemporary examples in organisations. Emphasis is given to the unfavourable as well as favourable aspects of power and the importance of ethical use of power is stressed. Power relations are not one sided or detrimental in all cases. Power allows superiors to provide direction and assist in the management process and also administers employees and help them achieve their goals with a clear instruction along-with being an influential factor in creating structure in an organisation. The traditionalShow MoreRelatedLeadership Roles And Its Impact On Organizations Essay1705 Words   |  7 PagesIntroduction The role of leadership and leaders in any organization is crucial to its continuity and profitability. Leadership as a function in an organization determines the motivation of employees, working culture and efficiency among others. Countries in Africa such as Nigeria and other European countries face the same needs in terms of leadership. Background of the study Every organization is a social setup that is separate from the environment in which it exists and pursues its own goals asRead MoreEthical Leadership : Unethical Behavior1568 Words   |  7 PagesEthical Leadership With all the recent unethical behavior in high profile cases. Someone may ask is there such a thing as ethical leadership? Leadership behaviors have a direct impact on the effectiveness and trust of the leader, the followers, and the organization. In the recent past there have been organizations rocked by scandal and impropriety stemming from how a leader acted or did not act such as: â€Å"the alleged cover-up by Penn State University senior administrators of criminal acts perpetuatedRead MoreAnalysis : Managing Across Borders1132 Words   |  5 Pagesliving in the same society. It has been assessed that culture is among the prime factors that can have major impact on the effectiveness of the communicational process. Many studies have highlighted the fact that culture influences the way of thinking of an individual that can have major impact on the communication pattern of the strategies (Mazanec et al. 2015). For that reason, organizations often try to develop effective strat egies to utilize cultural diversity for capturing different perspectivesRead MoreBureaucracy Is An Efficient System Bureaucracy1715 Words   |  7 Pagesbureaucracy plays a major role in how many institutions function however, tensions arise between democracies and bureaucracies as a result. Bureaucracy and democracy are conflicting forces due to the difference of ideals between the two systems because of: hierarchical demands, authoritarian arrangement and demoralization present in a bureaucracy. Democracy is changing as a whole due to the impacts of globalization which ultimately clashes with bureaucracy resulting in: the loss of power of bureaucratic organizationsRead MorePower And Its Impact On The Organization1407 Words   |  6 PagesConcept/Issue The focus of the article is power. Power determines where the strategy of the CEO will be implemented or not or whose initiative will carry the day. Also, power determines how managers allocate tasks, which company will win the most rewarding contracts, the entrepreneur who is funded, whether the board will accept suggests of the CEO. These issues are addressed when the concept of power is put into consideration. Power to the organization is like oxygen is to breathing, meaning itRead MoreLeadership Roles Of A Successful Organization1445 Words   |  6 PagesIntroduction According to Luft (2007), through out the years leadership and management roles have changed in so many directions due to changing of organizational needs. According to Gary Yukl (2005) for more than two decades there have been debates about the difference between leading, managing and the relative importance of the two roles for a successful organization. In any organization a manager tend to manage and supervises tasks, while a leader inspires and motivates others. The terms leadershipRead MoreA Review On The Kraljic Portfolio1126 Words   |  5 Pagesportfolio helps the buyers in having a wide range of suppliers it becomes easier for them to manage and chose the most profitable ones. The Kraljic portfolio is based on two different matrices. The first one categorizes firm’s purchased products (profit impact) and the other dimension being the supply risk involved in it. The values of both the dimensions can be high as well as low. To show the comparative position of the firm in the parallel supply market is the second dimension of kraljic’s matrix. DependingRead MoreLeadership, Social, And Personality Traits For Job Performance And Leadership1139 Words   |  5 PagesWhat traits support the emergence of a person to prominence? Individuals who emanate strong work ethic, confidence, and critical thinking skills. However, leadership also entails the ability to manipulate and understand the interdependence of organization function, knowledge, culture, communication, and technology. Researchers Lilienfeld, S. O., Waldman, I. D., Landfield, K., Watts, A. L., Rubenzer, S., Faschingbauer, T. R. (2012) in their work, Fearless dominance and the U.S. presidency: ImplicationsRead MoreSocial Services And The Social Work Field1365 Words   |  6 Pageswill be discussing of an organization that caters social services and contributes to the social work field. In addition, I will go in details where the organization is financed from and what is the mission of the organization. Moreover, I will discuss of the structure that the organizations conduct to accomplished their missions and explain the organization s different services provided under their organizations umbrella. Furthermore, I will discuss of the organization accountability to their servicesRead MoreCreativity and Read Ch.1447 Words   |  6 Pagesobjectives. Include at least one source other than the textbook. Format your paper consistent with APA guidelines. 12/5/12 10 Week Two: Impact of Innovation, Design, and Creativity on the Organization Details Due Points Objectives 2.1 Evaluate the impact of innovation, design, and creativity on strategy. 2.2 Evaluate the impact of innovation on different industries. Reading Read Ch. 6 of Managing Innovation, Design and Creativity. Reading Read Ch. 11 of Managing Innovation

Ntu Career - 832 Words

Score: 120 out of 120 points (100%) 1. award: 10 out of 10 points Which of the following valuation measures is often used to compare firms which have no earnings? Price-to-book ratio P/E ratio Price-to-cash flow ratio Price-to-sales ratio 2. award: 10 out of 10 points When Googles share price reached $475 per share Google had a P/E ratio of about 68 and an estimated market capitalization rate of 11.5%. Google pays no dividends. What percentage of Googles stock price was represented by PVGO? 92% 87% 77% 64% 3. award: 10 out of 10 points A firm is expected to produce earnings next year of $3.00 per share. It plans to reinvest 25% of its earnings at 20%. If the cost of equity if 11%, what should be the value†¦show more content†¦After year 3, dividends are expected to decline at the rate of 2% per year. An appropriate required return for the stock is 8%. Using the multistage DDM, the stock should be worth __________ today. $13.07 $13.58 $18.25 $18.78 8. award: 10 out of 10 points Caribou Gold Mining Corporation is expected to pay a dividend of $4 in the upcoming year. Dividends are expected to decline at the rate of 3% per year. The risk-free rate of return is 5% and the expected return on the market portfolio is 13%. The stock of Caribou Gold Mining Corporation has a beta of -0.50. Using the CAPM, the return you should require on the stock is _________. 2% 5% 8% 9% 9. award: 10 out of 10 points You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for one year. You expect to receive both $1.25 in dividends and $35 from the sale of the share at the end of the year. The maximum price you would pay for a share today is __________ if you wanted to earn a 12% return. $31.25 $32.37 $38.47 $41.32 10. award: 10 out of 10 points Each of two stocks, A and B, are expected to pay a dividend of $7 in the upcoming year. The expected growth rate of dividends is 6% for both stocks. You require a return of 10% on stock A and a return of 12% on stock B. Using the constant growth DDM, the intrinsic value of stock A _________. will be higher than the intrinsic value of stock B will be theShow MoreRelatedWorking in 21st Century2947 Words   |  12 PagesCENTURY SEMESTER 1 ACADEMIC YEAR 2012/2013 LECTURE 1 Overview of Course Description of Assignment  © KAMAL KANT, 2012 1 COURSE OBJECTIVES 1. 2. 3. 4. NEW PARADIGM OF WORK CAREER THEORIES ABOUT UNDERSTANDING YOU LEARN TO WORK IN 21st CENTURY ïÆ' ¨ MOTIVATION, LEADERSHIP, TEAMS, INTELLIGENCE STRESS 5. SUCEEDING IN CAREER 6. CAREER PLANNING AND JOB HUNTING  © KAMAL KANT, 2012 SEE COURSE OUTLINE CONTENTS OF TEXT FOR DETAILS 2 WORKING IN THE 21st CENTURY †¢ 13 lectures. †¢ PowerPoint slides of lecturesRead MoreThe And The Digestive System Of The Broiler Chickens Essay1513 Words   |  7 Pagesas it can improve bones and the immune system. This means it can be used in diets as a cheaper alternative to calcium and phosphorous. However, there is little understanding of the mechanisms of Si in the digestive system of the broiler chickens. At NTU, a bioavailable silicon supplement has been produced to alleviate some of the skeletal disorders and to further the knowledge of the interactions of Si. 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The boundless possibility of Business Interchange and the instant knowledge of the outcome that stimulates one for further analysis of a rationale in question is what I find most appealing about management and its applicationRead MoreResponse Surface Optimization Of Treated Turbid Water Using Banana Stem Juice Essay2118 Words   |  9 PagesUniversity of Agriculture, Makurdi, Nigeria. aho_ped@yahoo.com 3Post-Graduate student, Department of Civil Engineering, University of Agriculture, Makurdi, Nigeria. iorwuabemmichael@gmail.com 4Post-Graduate student Department of Civil Engineering, Career Point University, Kota, India. tizamichael@gmail.com ABSTRACT. The effectiveness of banana stem juice as a natural coagulant for treatment of turbid water was investigated. The main parameter studied was Turbidity. Coagulation experiments using jarRead MoreHow Successful Is Singapore in the Sporting Industry3444 Words   |  14 Pagespursuing professional and sporting aspirations can then seek support from SSC’s Programme for Elite Athlete Career (PEAC) to take the next step in attaining sports excellence. C. Sports Industry To cultivate the sports culture in Singapore, the sports industry has to be well established to marry sports to commercialism with the necessary infrastructure. Sports education and related career paths, along with research and development, are crucial pillars in developing the industry. Better understandingRead MoreComparative Study on Singapore vs Indian Higher Education System5335 Words   |  22 Pagesare generally of two to three years of duration. After completing post graduation, scope for doing research in various educational institutes also remains open. 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Excessive Political Correctness Essay - 1534 Words

Excessive Political Correctness Companies are afraid. Very afraid. They are not offending anyone, catering to all ethnicities, cultures, and backgrounds, and being â€Å"politically correct† in every sense of the word. In fear of offending any potential customers they might have, companies adopt an â€Å"all-inclusive† approach to their image. Advertisements depicting groups of people of identical race have become an endangered species; all walks of life are being crammed into any group of people representing a logo. This practice may seem insignificant, but it has infiltrated everything, everywhere, and has reached an unrealistic level. Burger King had good intentions in creating the Kid’s Club in 1990. The group pictured below†¦show more content†¦The BK Kid’s Club was the beginning of an era. Other companies began scrambling to represent all ethnic groups in advertisements that might boost sales of their product, and always depicted this hand-chosen group of diverse p eople having the time of their lives together, mingling without any racial tension and enjoying the product being pushed. The Limited Too ad above is a classic example of the â€Å"over-P.C.† advertisement. It shows a White, Black, and Asian girl, hugging each other while laughing and smiling—probably about their wonderful clothes that obviously any girl can wear. The girl in the center is even wearing a shirt that reads â€Å"Best Friends Forever†, a subtle indicator that the three girls are BFFL (Best Friends For Life). To add insult to injury, Limited Too recycles this theme and uses the three girls again in another version of the initial advertisement, shown here. It’s pretty safe to say that a Hispanic girl would have been added to the shots if the text at the right wasn’t immediately necessary. At first glance the American Eagle advertisement above seems to only be targeting the average, rambunctious, White teenager just looking for a wh olesome good time playing tug-of-war—but look again. The girl to the left sports an afro any proud African-American woman might, representing AmericanShow MoreRelatedThe Delicate Little Flowers On Today s College Campuses1820 Words   |  8 PagesFor one thing, in the op-ed â€Å"Can We Start Taking Political Correctness Seriously Now?† the author Chait summarizes that the protesters in the student demonstration at the University of Missouri besieged a photographer. Most supporters on the left think that young people want to keep themselves from any offense, and they believe that political correctness only occurs on campus; however, the truth is that political correctness will spread beyond the campuses. 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Sustainable Business Development-Free-Samples-Myassignmenthelp

Question: Define the Concept of a Business Model. Answer: Business model is a portrait of a companys framework of business operation. It states the methods of revenue generation of a company. It is one of the important things for a startup company to form before product development. It often shows the factors about the operation of the company. It can also be the selling of products or services, changing subscription fee, and many more to generate revenue. It is often confused with the business plan. Business model is a part of business plan, where business plan is a much bigger concept (Bocken et al. 2014). The essay is comprised of different definition of business model followed by a brief discussion of e-business model archetype, business model as an activity system and a business model as cost revenue architecture. A brief explanation of the term business context and an argument is drawn with an example. Use of these conceptualized business models in solving static and dynamic problems is also highlighted in the following. The term business model is used to explain the key components of a business. According to Teece, the success of an organization is contingent upon its business model. It is the hypothesis of the customers demand and the organizations approach in meeting them and making high margin of profit out of it. Chesbrough and Rosenbloom summed up the definition as the way of articulating the value proposition, selection of appropriate technology and features, identification of target market segments, defining the structure of the value chain and estimating the cost structure and profit potential (Mishra and Zachary 2014). E-business model archetypes describe 7 abstract business model archetypes from which every single business model in inherited. A holistic view of the possibilities is represented in the course. All the 7 abstracts of business model archetypes are combined and put under 2 categories that are primary and secondary archetypes which in turn can be related to different business matching their criteria (Plenter et al. 2017). The primary archetype is comprised of product, service and trade. The product develops a tangible good and sells on a one-time fee basis. It requires a high up-front sunk capital, but is able to leverage economies of scale. There are two hallmarks of a product which are properties and online prototypes. The properties comprise of the features like sell of one-time fee, up-front investment and highly scalable, whereas, the online prototypes comprises of content product and software product. Second primary archetype is the service where intangible work for a client is mo netized on a per-use basis. It is characterized by low sunk costs but high float cost requirements. The technicians and professionals with limited capital and expert knowledge prefers it. High float or low sunk cost, intangible value creation, service agency and platform as a service are the hallmarks of service. The last but not the least, trade archetype is to provide the products the prospective customers seek and make profit on the spread between sell price and cost of acquisition. It seeks good sourcing connection and moderate capital. Brokerage, marketplace, ecosystem and subscription are categorized under secondary archetypes. The use of brokerage archetype is to source on behalf of a client for a retainer or per-transaction fee. On the other hand, marketplace creates a platform that facilitates trade, not the actual trading. It depends on bringing together the sufficient demand and supply. It is a tertiary archetype of, which brings together all the three primary archetypes. It is the most difficult of all archetypes to achieve. Subscription archetypes are a popular mixture of a service and a product. The most frequent examples are software as content and a service. It replaces the bulk purchase cost with monthly subscription in low cost. It is a profitable way to reduce the up-front cost. For the business, if reduces the up-front cost and the dependency upon a marketplace (Fielt 2013). E-book archives are the best examples of this kind. This particular business model helps in analyzing and describing the function of an organization within the overall market landscape. The details like target customer base, business input and dependence and value creation on behalf of the customers can be obtained from these business models. These models are often useful in solving the strategic disputes, strength, opportunity, and weakness identification by comparing the attributes of other organizations using similar model. Zott and Amit suggests that the Activity System supplements the firm to concert with its partners, which in turn will create value and appropriate a share of that value. Basing on the empirical and theoretical research, it can be suggested that, two there are two possible sets of parameters that activity system designers need to consider. They are themes that describe the sources of the activity systems value creation and elements that explain the architecture of an activity system. (Zott, Amit and Massa 2011). This model helps in analyzing the code of conduct of a business and how the factors are linked with product markets. It contributes in addressing all the important issues in management, provide a conceptual toolbox in addressing the problems, and engage in insightful dialogue and creative design. Revenue architecture is the building blocks of revenue growth of a company. Business model can be connected with the cost or revenue architecture in the area of sale and marketing. Revenue architecture according to Zott is used for technology management and innovation scholars interested in explaining the mechanism that allows an organization to commercialize technological innovation. It helps a business align their marketing and sales value chain and drive revenue performance. Buyers in present times are self educated about the web and expect a unified experience across channels. The organizations need a more integrated revenue architecture which blends right strategies, program and system. Using the multi-affiliated model, different design, strategy, technology and media are brought together for todays new marketing challenges. Business context is used in expressing business problem and proposes the goodness and scope of the project. It also indentifies the significant persons in the organization with key role in the business domain or in a business process. The interested areas which are relevant to scope of the work and to bring potential change which require exploration and further analysis are also identified. It is needed to kick-start a project or to correct the context models through the project. It depends on the need or style of the project. There are various contexts diagrams used by various organizations such as current state, future state, environment diagram, network diagram, business process diagrams, system diagrams, relationship maps, organization chart and many more (Saidani, Rolland and Nurcan 2015). So, eventually, every business needs to undergo changes in course of time in their business mode. The company under study is an US based international e-business named eBay. Like any other companies in the industry, eBays depends on technology and expansion into foreign market. It is basically a service company who offers a platform for the seller and the buyer which is unique in character for which the company earns a portion of the profit. The forum has created value for the network members, through which, the company broaden their business relationship, which ensured their longtime survival. As the company doesnt have to spend for traditional warehousing, returns, shipping and overstock, it gets easier for them to increase their profit margin. The company occupies 80% of the online-auction market. Their primary competitor is Amazon whos model has a the high chances of cost of sales and achieves a gross profit of only 24%. It is clear that the company under study surpluses Amazons profit three times (stjohns.edu 2017). Value chain is used to identify the business activities nec essary to create value and competitive advantage to the business. As the massive scale of eBay business operations, the economic scale for the company is under the major source of value in inbound logistics. Strong customer relationship base is also the key source of value in eBays inbound logistics. As mention, eBay has a strong technological base that carries out the operations of the company. The outbound logistics of the company is to ship products to the customers. They constantly need to regulate and monitor the system. The marketing and sales expenses are low compared to their competitors in the market. From the above value chain analysis, it can be spotted that the company requires bringing change in their value chain. The problems that is currently faced by the company is the dependence of the business on a range of products and services controlled by competitors such as Google, an overall business model and an absence of the companys own distribution. It is a weakness for the company that needs prior attention to faces challenges from their major competitors like Amazon (iosrjournals.org 2017). This change will again impact their current service archetype model which will require changes according to the change in value chain. It can be concluded from the above essay, that the business models that are available in the market are industry specific. Different industry requires different business model for getting success. A detailed theoretical description is given in the essay and the use of the models has been given in brief. The proper model used in proper settings can bring success to the business. For example, the model of the highlighted company can be related with the service archetype model of the theory that was explained above. The business context and changes required in a business is highlighted at the last part of the essay with example drawn from eBay, an international e-commerce business. The current value chain of the company is properly described with explanation of the changes required in the value chain, which will result in modification of their service model archetype. References Bocken, N.M.P., Short, S.W., Rana, P. and Evans, S., 2014. A literature and practice review to develop sustainable business model archetypes.Journal of cleaner production,65, pp.42-56. Fielt, E., 2013. Conceptualising business models: Definitions, frameworks and classifications.Journal of Business Models,1(1), p.85. iosrjournals.org. (2017).online marketplace. [online] Available at: https://www.iosrjournals.org/iosr-jbm/papers/ies-mcrc-volume-2/17.pdf [Accessed 16 Aug. 2017]. Mishra, C.S. and Zachary, R.K., 2014. Business Model Theory. InThe Theory of Entrepreneurship(pp. 227-250). Palgrave Macmillan US. Plenter, F., Fielt, E., Hoffen, M., Chasin, F. and Rosemann, M., 2017. Repainting the business model canvas for peer-to-peer sharing and collaborative consumption. Saidani, O., Rolland, C. and Nurcan, S., 2015, January. Towards a generic context model for BPM. InSystem Sciences (HICSS), 2015 48th Hawaii International Conference on(pp. 4120-4129). IEEE. stjohns.edu. (2017).ebay analysis. [online] Available at: https://www.stjohns.edu/sites/default/files/documents/Tobin/smif-ug-ebay.pdf [Accessed 16 Aug. 2017]. Zott, C., Amit, R. and Massa, L., 2011. The business model: recent developments and future research.Journal of management,37(4), pp.1019-1042.