Tuesday, May 19, 2020

Corporate Culture, Incentives, Business Ethics, And Goals

The mail delivery video demonstrates various business terms through the usage of a slightly exaggerated real life example. A handful of the topics discussed in the video include corporate culture, incentives, business ethics, and goals. Upon analyzing the numerous topics one is able to not only understand the operation of a business, but also derive a personal management style. Moreover, by utilizing your management style one is able to solve several issues in the corporate structure. Throughout the Seinfeld episode the actions of Jerry and Newman evidently illustrate the impact of corporate structure on the work ethic of employees. For example, during one scene in the episode Newman is not awarded the transfer to Hawaii, and in response decides to â€Å"give up†. The mere fact that Newman lacked the desire to try harder demonstrates the skewed corporate culture of the Post Office. Corporate culture as discussed in class is a company’s beliefs, as well as actions, that determine the interaction of management towards outsiders and fellow employees. The actions of Newman illustrates the impact of a corporation culture, and management style on their workers. The corporate culture portrayed in the incentives video can be characterized as unmotivated, and as a manager there are several ways of addressing such an issue. My personal management style is rather strict, goal oriented, and aimed at satisfying consumer expectations. For this reason had I been manager I would of notShow MoreRelatedOrganizational Culture : Business Practices1011 Words   |  5 Pages Does Organisational Culture Shape Ethical Business Practices? U5009333 Sarah Zuiderduin 14/10/2014 â€Æ' Introduction Organisation culture can be described as the beliefs, customs, value systems and behavioural norms and ways of doing business that are unique to each corporation. The impact of organisational culture on the ethical standards and moral practices of people in organisations has become increasingly common (Fisse Braithwaite, 1983). Managers within organisationsRead MoreThe Five Business Ethics Myths Essay879 Words   |  4 PagesCommon Ethics Misconceptions Trevino Brown (2004) in Academy of Management Executives talked about the five business ethics myths. 1. It is easy to be ethical 2. Unethical behavior in business results from bad people 3. A formal code of ethics is the easiest way to manage them 4. Principled leadership revolves around your leaders 5. At one time, people appeared to be more ethical Pundits and business leaders say being ethical is straightforward when being ethical is complexRead MoreBusiness Values And Ethics Differ With Every Company Essay953 Words   |  4 PagesBusiness values and ethics differ with every company. They are formed by the behaviors and good ethics that is required in a professional environment. Values. Company values are used to guide and inspire individuals within a business in order to help them make appropriate decisions that align with company’s principles and policies and business practices within its industry. Strategic management is important to understand the position of the organization. It allows the company to accomplish goalsRead MoreBenefits Of Ethical Leadership : A Positive Corporate Reputation, Ethically Empowered Employees, Increased Quality, And Higher1734 Words   |  7 Pagesleadership; having a positive corporate reputation, ethically empowered employees, increased quality, and higher customer satisfaction. Ethical leadership will benefit an organization, because it creates a healthy ethical environment, and culture which produces a positive corporate reputation. This will foster employees that; appreciate that ethics is important, recognizes and discusses ethical concerns, works to resolve ethics issues at the lowest level, sees ethics as part of quality, understandsRead MoreAnalysis Of Macy s Inc.1665 Words   |  7 PagesExamine Expectation At Macy’s Inc. they have a corporate vision and a corporate philosophy. Their corporate vision is â€Å"Macy’s, Inc. is a premier national omni-channel retailer with iconic brands that serve customers through outstanding stores and dynamic online sites. Both Macy’s and Bloomingdale’s are known worldwide, and each has its own unique identity and customer focus.† Their corporate philosophy is as follows, â€Å"Macy’s, Inc. clearly recognizes that the customer is paramount and that all actionsRead MoreIncentive Plan For An Organization Essay1678 Words   |  7 Pages Incentives Every organization should have some type of incentive plan for staff. As previously mentioned, it is important to keep staff motivated to edify the success of an organization. Motivation and incentive concepts are closely linked because they both encourage staff to perform in a better way. The difference is that motivation can be words, but incentives are typically tangible and specific. According to the Houston Chronicle, incentive plans offer recognition and rewards to employees forRead MoreFinancial Management And Corporate Social Responsibility1216 Words   |  5 PagesIntroduction With constant changes in the business world these days as well as the significant growth of organization, there are such key concerns on not only the issue of financial management or corporate social responsibility, but also the importance of ethics and governance, in which how an organization manages its business acting in the best interests of public and stakeholders. Indeed, there has been several of the failure of governance, fraud or bankrupt of large scale organizations in recentRead MoreEnterprise Rent A Car : Sustaining Organizational Learning And A Strong Culture1526 Words   |  7 PagesSomma Harris Corporate Culture and Organization Enterprise Rent-a-Car: Sustaining Organizational Learning and a Strong Culture Organizational learning helps companies to maintain adaptability and flexibility in the modern business world. A strong culture teaches employees values, views, purpose, belonging, and sense of identity, Enterprise Rent-a-Car strong culture has held the organization together and motivated their employees to do the right thing rather than what is easy. They believe thatRead MoreTransparency in Corporate Governance1507 Words   |  7 PagesRunning head: TRANSPARENCY IN CORPIRATE GOVERNANCE McBride Financial Services - Transparency in Corporate Governance University of Phoenix May 4, 2009 Transparency is imperative with respect to corporate governance due to the crucial nature of reporting financial information to maintaining investor and consumer confidence. The lack of devotion to corporate governance policies will send the message that the company is unbalanced and the leadership is not incorporating the highest level of integrityRead MoreZappos : Delivering Consumer Satisfaction882 Words   |  4 Pagesstructure, its core values, business ethics, style and goals are cutting-edge. Ferrell, O., Fraedrich, J., Ferrell, L. (2013). Explained, â€Å"Providing the absolute best customer service online not just in shoes, but also in any category† (p.478). Zappos believes the company success originates from its business ethics. Much of company’s principal are focused on consumer’s satisfaction. This ethic facilitated in constructing the company’s foundation and core values. In business, ethics refers to the principles

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.