MGM465-0801A-05 Business Strategy - Phase 3 Discussion Board Essay

MGM465-0801A-05 Business Strategy - Phase 3 Discussion Board - Essay Example Each person is holding different visions and this step requires coming at a single vision. This process is very time consuming and requires a detail meeting in order to arise at a single point. The major problem arises when deciding that what to serve and where to serve. Some partners want some specific goods to be served whereas some want some other packages of the goods that should be served. Before making business plan, each partner should be comprehensively decided that what actually to be served. The key factors are searched and then the decision is made on the product or service package that should be served. Some times the problem arises due to the Leadership; the every person in the partnership requires leadership in order to command over major processes. This is the major problem that arises when making a business plan. This problem is solved by providing the enough power to each member of the partnership. Usually the capital provided by each partner is used in order to give the extent of power to each partner. During the business plan the problem of marketing plan arises in which different partners want to deal in different market regions. These problems are usually solved in making the probable research in order to know that which market plan make the company more profitable. This marketing plan is usually an important step of the business plan and requires efficient research. Usually the problem arises when selecting the strategy for you partnership. Different school of thought create problem during the business plan. Some partner wants to adopt the cost-effective strategy or some want market segmentation. For this purpose the each partner must look at the products and services that are serving and the market in which they are serving. All the micro-environment and macro-environment conditions are taken in account in order to make a better competitive strategy for your partnership. The major

Management Development Coursework Example | Topics and Well Written Essays - 2250 words

Management Development - Coursework Example In this study the Anglo Saxon and the French management development styles are explored to find the difference in their respective styles of management. For this diversity in the management style there are mainly four reasons that influence this cultural difference. Firstly, organizations with different Power distance or hierarchical structures have different power levels and thus creating a structural difference in the organization. Secondly, organizations sometimes have employees who try to avoid uncertain situations and some times have a responsible manager who ambitiously likes to tackle risks. The third factor is Individualism. With high individualism managers are more hard working takes initiatives in different actions. Finally, with high masculinity employees are very stressful and the workplaces are not very employee friendly. Based on these practices within the organization different management styles have evolved in different parts of the world (Vedpuriswar, n.d., p.1). Ang lo Saxon styles of management development The Anglo Saxons are the Germanic tribes in the east and the south of Great Britain. Migrating tribes of the German into the Britain which is now known as northern Germany mainly comprises of three types of people i.e. Angles, Saxons and the Jutes. Anglo-Saxon countries have many similarities between the British and Canadian, US-American and also Australian cultures of business strategies. The main reason behind this similarity is due to the reason of immigration of all these countries are from the same origin Great Britain. Because of this reason the language spoken by these countries are also same to some extent. In Anglo-Saxon culture of business it is mainly done through well connected network of some third party. They feel more comfortable in doing businesses with the people whom they like or they trust very well. The Anglo Saxons are generally more interested in doing business with some long term relationship rather than doing business with quick deal. While doing business they often use humors and understatements to confuse opponents which results in the delay of business. They avoid sensitive topics like religious, poor service and sexuality in their meetings or small discussion. The British culture of business is mainly hierarchical. They have a tendency of giving orders to the people who are under their power and on the other hand talking and discussing topics with the top management. The hierarchy is very strongly maintained within each organization business culture. But they like to work in teams and also they have a strong sense of fair play. With the hierarchical structure of business the employees reach a business decision but the boss or the top management is the final decision approver in this type of business organization. In this business model the functional areas of finance, accountancy and the law department are most valued of all. Thus it results in underrepresentation of technical qualification of people even if they are managers of the firms. In Anglo Saxon business organization status of the R & D departments are very lower. They believe in on the job training system for their organization rather than educational

Gentiva Health Services assignment Essay Example | Topics and Well Written Essays - 750 words

Gentiva Health Services assignment - Essay Example The adoption of differential costing would greatly help the company. Differential costing helps evaluate the difference in total costs and expected revenue. This information is necessary in choosing where to invest or not to invest. In addition, it will help evaluate the incremental benefits resulting from an acquisition or a disposition. In a situation when the company requires closing down a new firm, the company would be able to weigh the detrimental costs likely to occur as a result of the closure. Gentiva is on the verge of making several decisions to remain relevant and stable in the current economic demands. Since differential costs involve the assessment of costs and revenues arising as a result of taking a given alternative, the company needs to employ the method to reach the best decisions. In turn, the company will be able to cope with the proposed law to cut health services and hospice care.The effects of the health care reform on the providers of health services are clea rly evident. The reform requires that costs of health services be reduced by at least 3.5% every year.   This implies reduced returns for services offered by Medicare companies. Due to the health services reform, Gentiva is on the move to diversify its operations. The company aims at capitalizing on the provision of Medicare services to the robust ageing American population. Chances are high that there will be several incidences of disease with the ageing population. Other likely effects include employment lay-offs.

Comparing and Contarasting the Governments of India and Ireland Research Paper

Comparing and Contarasting the Governments of India and Ireland - Research Paper Example Ireland Like India, Republic of Ireland is a sovereign democratic state with a parliamentary form of government. The Cabinet or Executive is known as the government of the Republic of Ireland exercising executive authority in terms of the Irish constitution. The republic is also a member of the European Union. The cabinet or government of the Ireland is seated in its capital city Dublin. 2. Internal structures There are three branches of the government in both India and Ireland, the executive, the legislative and the judiciary. India The constitution provides for a federal government structure with President as the head of the executive of the union. The legislative assembly is the parliament and is the supreme governing body. According to the constitution of India adopted on 26th November 1949, the union parliament consists of a lower and an upper house called the Lok Sabha (House of the People) and the Rajya Sabha (Council of States), respectively. The upper house is comprised of 2 50 elected members, whereas the lower house comprises a total of 550 elected members. The constitution also provides for a Council of Ministers with the prime minister as its head. The president is bound to exercise powers in accordance with the advice of the prime minister. Thus, the executive power is vested in the Council of Ministers headed by a prime minister. ... The Council of ministers along with chief minister as its head is responsible to the state legislative assembly. The seven union territories are administered centrally. Judicial system in India functions independently. The judicial branch of Indian government has a unitary system. The structure of judiciary consists of Supreme Court of India at federal level, High courts of India at the level of the state, and district and session courts in all districts within a state. The Supreme Court comprises 30 associate judges headed by a Chief Justice. These associate judges are appointed by the president on advice of the chief justice of India. The superior courts in India have the power to review laws of state not in conformity with the constitution and invalidate them. The government employs civil servants who are responsible for the implementation of government decisions. Ireland The parliament of the Ireland is called the Oireachtas. Like the Indian parliament, Oireachtas is a bicameral parliament comprised of a lower and an upper house known as the Dail Eireann and Seanad Eireann, respectively. There are 60 members in the upper house and 166 in the lower house. According to the constitution of republic of Ireland, the cabinet must be larger than 7 and smaller than 15 members. Prime minister, called Taoiseach is head of the government who is nominated by the lower house and formally appointed by the president. There is also a deputy prime minister called Tanaiste appointed from members of the government by the prime minister. According to the constitution, only two members can be appointed from the upper house, and Taoiseach, Tanaiste and Minister for Finance must be appointed from the lower house. Other members of the government are called