Business Management concepts Assignment Example | Topics and Well Written Essays - 500 words

Business Management concepts - Assignment Example This guarantees high returns for the corporate or organization because there is no manual work force required besides machines are much faster than a person’s memory. This technique reduces time spent during manufacturing process besides increasing output speed hence resulting to increased production. In this way, when the jobs are well scheduled their execution is at almost the same time besides being mapped to the processing unit after they are done. Moreover, some factors such as absenteeism alter productivity in case they are common besides if the company has a flat rate output of sixty-two computers in a day it simply means that it is not an effect of workers not being present. Besides, quality problems may not have much impact on production, as they are capable of making sixty-four repairs in a day. Cheating on size or content of some goods or products is among the common unethical business acts practiced by many corporates (Mandal, 2010). This refers to deception in advertisement whereby a product is made to appear much better or bigger that its exact quality size. By doing this, the corporate proofs not to be adhering to the ethical principle of being honesty (Ferrell, Fraedrich & Ferrell, 2010). Honesty entails maintaining morality in all actions and communications. This principle calls for the business owners not to deceive or else mislead their clients by either providing them with partial truths and overstatements among other vices about their goods or services. This is because upon realizing the clients may lose trust on the company’s products, hence cease buying from them. As the CEO, I will ensure honesty is paramount by briefing my staffs who draft advertisements that they should be taking the actual pictures of the item intended to be advertised and include it s mass as well as dimensions. Through this act, my clients will have a clear picture of my products besides which will make them build some trust on the corporates products. Copying

Approaches to management and leadership Essay Example | Topics and Well Written Essays - 2500 words

Approaches to management and leadership - Essay Example Western notions of leadership and management are distinct as to say that these compel tasks to be done by hook or by crook. For that, Western approaches to management have always been strictly based upon certain principles. The primary objective that includes all those principles is the objective of economic gain. Financial stability or the policy called Laisez Faire has always been on the forefront of promoting business by any means. In achieving this purpose, the workers or the employees are considered to be a means towards an end. In the Marxist point of view, the employees are next to commodities that are extensively used to generate revenue (Kumar & Ghosh, pp. 2-4, 2003). Whether we talk about the 19th Century when agricultural society was transforming into an industrial society or we talk about the contemporary world, the Western approaches have always been alike. Earlier, in the Western society, employees were treated a little less than human and were merely considered as mean s. Western philosophers and theorists like Plato, Machiavelli, Karl Marx, John Adair and many others have proposed certain theories that are applied to the Western management approaches and concepts. The theories like situational, trait and contingency theories are inculcated in the leadership concepts and these advocate that leaders have the mandate to use power and control over the manipulation of circumstances or adapt certain traits that they think are required in the present situation and that enhance their skills. Experts suggest that the approach towards leadership in the Western parameter revolves around certain traits that are utterly distinctive and differentiate the Western writers from the Eastern concepts. These characteristics are goal orientation, at first. Western leadership approach tend to direct itself to a certain prescribed goal while having multiples of these, however, Eastern theorists do not tend to think that having one single goal in mind can work in the lo ng run but a leader is one who has to manage multiple tasks together. Secondly, the concept of leadership in the West also stresses upon the characteristic of one-on-one relations. As mentioned earlier, the leader has more than merely a cursory view of the work that the subordinates assume. Moreover, the individual concerns get individual and formal time rather than incorporating them in a socialized gathering. Thirdly, Western approach bases there results on a short-term level; they are indeed goal oriented but they tend to achieve a single goal at a certain point in time and attain there short-term prospective before moving forward. Rationalism and a logical attitude is the final characteristic that defines the Western arena of leadership. The Western leadership concept tries to base all its step, methods and procedures on appropriate reasoning rather than on emotional grounds. Marx argues that the people in the managerial position are in control of the means of production of the organization and thus are not liable to any one. He analyzed that they have the power and thus, they exploit the subordinates in order to make a task done and meet the goals of the organization. Moreover, the theorist also cites that these are the people who are in close contact with the owners who gratuitously rely upon them as making and breaking of policies for the organization since they are considered as the best skilled people for this job. Thus, the overall control comes in handy to the managers who try to perpetuate the school of thought, which they have already learned from their learning institutes (Kumar & Ghosh, pp. 73-74, 2003). One major thing that separates the Eastern concepts of management and leadership from those of the Western