Motivation at Dell, Hewlett-Packard, and Motorola

Statement of Purpose The purpose of this paper is to identify motivational techniques that are being used in different organizations. The three organizations that will be analyzed are Dell, Hewlett-Packard, and Motorola that are named in the top Fortune 500 companies. These companies build on the principle that individuals act in ways to take full advantage of the value of exchange with the organization. Research and theory building in goal setting, reward systems, leadership, and job design have advanced our understanding of organizational behavior. Introduction Motivating employees to excel in any business is a topic of great practical concern to employers, and of great theoretical concern to researchers. Education and continued†¦show more content†¦True leaders concentrate on improving the quality of work life for their people. They do this by, first, driving out fear. (Expectancy Theory) In his famous fourteen points of advice to management, W. Edwards Deming states: The economic loss from fear is appalling. The fear to speak out, the fear to be upbraided, the fear to be fired, cause the employee to withdraw into his cocoon of noninvolvement... His mind is numbed, his creative juices stop flowing, and the company is the big loser. Leaders recognize that a certain amount of drudgery and boredom is inevitable in assembly-line operations, both in manufacturing and business processes. (Bhote 2001) They attempt to inject a degree of job excitement by facilitating both horizontal and vertical job enrichment, creating teamwork, and givi ng powerful tools to the workers so that they experience the thrills of solving problems by themselves, and by making each employee a manager in her own area. The result is an atmosphere of joy in the workplace that even a casual visitor can sense. (Bhote 2001) Motivational Methods Dell has defined their strategy in the following excerpt from their web site. Dells winning culture and comprehensive diversity initiatives create a corporate environment based on a meritocracy (Expectancy), personal achievement (Needs) and equal access to all available opportunities (Equity). We focus on cultivating and promoting best practices among ourShow MoreRelatedThe Marketing Strategy Of Lenovo Brand3494 Words   |  14 Pagesdistributers as it’s harder to drive up prices. Competitive Rivalry: Lenovo is the third biggest PC vendor in the world, being up against Dell and Hewlett Packard, there is little differentiation between all three competitors in terms of product quality and features. However PC world notes that Lenovo isn’t just another Android vendor and that its acquisition of Motorola sets it up very nicely for head-to-head battles with Samsung in the American Android Market (Brad Reed, 2014). Buyer power: Lenovo’sRead More7s Model Samsung5308 Words   |  22 PagesKim, Hanna Earl OECD Journal: General Papers; 2008, Vol. 8 Issue 4, p109-155, 47p, 34 Charts, 20 Graphs This includes the strategy of the organisation, the innovation strategy, the culture in the organisation towards risk-taking and change, the motivation of employees, cross functional learning, knowledge management and the use of internal and external networks. â€Å"Employees’ willingness to take risks very much depends on the existence of a †noblame† culture. 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These virtual organisations have created networks of relationships that allow them to contract out key functions where this can be done more efficiently and more cheaply.The major advantage this brings is flexibility allowing, for example, Dell to compete successfully against larger Read MoreStrategic Human Resource Management View.Pdf Uploaded Successfully133347 Words   |  534 PagesSTRATEGIC HUMAN RESOURCE MANAGEMENT Section One Some other well-managed U.S. companies also have invested heavily in training employees who work in teams. These companies include A. O. Smith, Boeing, Cummins, Ford, General Electric, IBM, Kodak, Motorola, Polaroid, Procter Gamble, and Xerox.27 Another example of a company that invests heavily in training is the Dana Corporation. Like Corning, the Dana Corporation has used training as a means of gaining an advantage vis-à  -vis its competitors. InRead MoreIntroduction to Marketing21178 Words   |  85 Pagesfirm needs to identify the business it is in. Here, a balance must be made so that the firm s scope is not defined too narrowly or too broadly. A firm may define its goal very narrowly and then miss opportunities in the market place. For example, if Dell were to define itself only as a computer company, it might miss an opportunity to branch into PDAs or Internet service. Thus, they might instead define themselves as a provider of information solutions. A company should not de fine itself too broadlyRead MoreCisco Systems, Inc.: Collaborating on New Product Introduction12030 Words   |  49 Pagescatastrophe or poor performance at Foxconn’s manufacturing site, a tightly focused supply chain would suffer a more devastating impact than if production resources were more dispersed. Incentives in the Partnership Both Cisco and Foxconn had strong motivations to work together closely. Leticia Jensen noted, â€Å"The key mitigation to risk in this project was the fact that both partners had a lot at stake. 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Essay on International Leagal and Ethical Issues in Business

Running head: International Legal and Ethical Issues in Business Unit 1 Individual Project Delinda Mosley- Thurmond American InterContinental University Online Abstract An upcoming meeting with your new companys chief executive officer (CEO) and other executives is a great opportunity for you to share your knowledge of potentially defective products being sold to customers. You are not sure if others are aware of this issue, and the defective products could possibly lead to serious injuries. To complicate matters, you are uncertain about your organization’s ethical guidelines because none have been communicated (AIU, 2011). How would you present this issue to the CEO, directors, and managers? What specific†¦show more content†¦In order to have more control over the situation and the handling of how it is informed to customers who may have bought the defective product, I would order a mass recall. With a mass recall you can supply the public with information on what to expect with the defective product as well as how the company is working to correct the problem. This allows the customers not to want to abandon the company in the future and advocate to the customers that your company can still be relied upon for quality products in the future. The goal is to insure the safety of the customers and let them know that they can trust the company now and in the future because they didn’t hide info, but figured it out and did everything in their power to regain the confidence of its customers. After you have ensured your public and customers of their safety and that the company is addressing ev ery need for their customers. You work on building your companies image back up. In order to do this, you have to work from the bottom up, but it does have to be a collaborative effort none the less. What kind of internal action would you take to prevent future problems? In order to ensure that future problems don’t repeat itself on the same issue you would need to take another look at your policies and procedure. By doing this it will allow you to find the loop holes and the areas that need updating and improvements (Shanker, 2011). It will also be a way of holding people more responsible in theShow MoreRelatedInternational Business - Midterm Review Essay4115 Words   |  17 PagesLiberalization: move to market based economies + adopt free trade in China + Soviet Union etc. - 3. Industrialization + Modernization + developing economies creating higher value adding products - 4. Integration of World Financial Markets: international banks, globalization of finance - 5. Advances in Technology: reduces cost and time, improves coordination and communication, facilitates development, helps share information/marketing, virtual space removes distance Dimensions of Market

Summary on My Sisters Keeper Free Essays

SUMMARY. This book starts off with the main character Anna Fitzgerald selling a prized possession that her mother gave her. After going home she goes to an attorney’s office, Campbell Alexander is the attorney Anna picks to hire to sue her parent for the right to her own body. We will write a custom essay sample on Summary on My Sisters Keeper or any similar topic only for you Order Now She explains that the only reason she was born was to be Kate’s donor. Kate, her sister, is in the end stages of kidney failure, and Anna wants to file the lawsuit so she won’t have to donate a kidney to Kate. Campbell, who has a service dog but always gives a sarcastic explanation whenever someone asks why, agrees to represent Anna for free. When Anna’s mother Sara receives the papers for the lawsuit, she becomes furious with Anna. Sara can’t understand why Anna would want to do this to her sister, as she hasn’t had any problem with donating to her sister before. Anna’s father however can understand both side of this lawsuit recognizes that she would not have brought a lawsuit unless she was genuinely unhappy. When they realize that they will need a lawyer, Anna’s mother who is a lawyer, decides to be the lawyer representing the opposing side, not thinking the case will go far and thinks she will be able to get Anna to drop the case. The judge that will be dealing with Anna’s case is Judge Desalvo. She appoints a guardian ad litem for Anna, Julia Romano; her job is to objectively decide the best interests of the minor child. Throughout all of these events, Jesse has been setting different abandoned buildings on fire. Jesse acts like a delinquent in other ways as well, such as drinking alcohol, but much of this behaviour is coming from his feelings of being ignored by his parents. Then Brian, their father, finds out that Jesse was the one who has been setting all the recent fires that he and his men have been putting out. When Brian faces up to Jesse and asks him about it, Jesse admits that he feels immense guilt due to the fact he wasn’t a donor match for Kate. Kate becomes seriously ill and is hospitalized. Their Doctor Dr. Chance says she will die within a week. Anna refuses to change her mind about the case. At the hearing, Sara decides she will represent herself and Brian. As a result, Brian takes Anna to stay with him at the fire station to give Anna some distance from Sara. He believes if they remain in the same house together, Anna may unwillingly give in to her mother’s wish that she donate her kidney. Throughout the trial and book, Sara realizes where she went wrong in some aspects of her parenting. Though she is frustrated at what Anna is doing, she never hates her or stops loving her for it. At the trial, Sara and Campbell question witnesses including the doctors familiar with Kate’s medical condition and history. Reluctantly Anna goes to the stand to tell her side of the story, during this Jesse as her brother getting annoyed at people blaming her, shouts to her to just tell the truth. She then admits that she only filed the lawsuit because Kate told her to. Then just as she says that Campbell has an epileptic seizure and collapses. When his seizure ends, he admits he has been having seizures ever since a car accident in high school. He also explains that the seizures are the reason he has a service dog, which can tell when another seizure is coming on. Then Anna goes back to the stand and explains When Anna first found out that Kate needed her for a kidney transplant, she was going to do it and didn’t mind. But, Kate convinced her not to. Turns out, she didn’t want to go through with the surgery; she was tired of being sick and waiting to die. She knew she’d die without the transplant, but she just couldn’t go through it all. It was Kate who convinced Anna to get a lawyer. Anna also admits that while she loves her sister, part of her wanted Kate to die, too, so that she could have more freedom with her life. The trial ends with Judge Desalvo ruling in Anna’s favour and that Campbell has medical attorney over her. Everyone was happy that the case was over, and no one was mad at Anna for doing what she did. A sad twist of fate then happens. On the way to the hospital, Campbell and Anna get into a serious car accident as the car was struck by a truck. Campbell makes it out okay, but Anna is left brain dead. Everyone is wounded with grief, especially Sara who had always been planning out the death of her other daughter, Kate. Then doctors ask about an organ donation. Campbell, being the medical attorney for Anna, Campbell tells the doctors to give Anna’s kidney to Kate. Kate narrates the epilogue, set in 2010. She discusses the grief her family went through after Anna’s death, and the fact that she blames herself. She knows, however, that she will always carry Anna with her. How to cite Summary on My Sisters Keeper, Papers

NiCE Qualitative Characteristics Measurement †MyAssignmenthelp

Question: Discuss about the NiCE Qualitative Characteristics Measurement. Answer: Introduction In this continuously changing business world, companies all over the world are witnessing impressive growth in the businesses that leads to higher profitability. At the same time, the business entities have to confront with various difficult business problems or issues due to their complex business structure. One of these issues is known as Accounting Issues. Business entities face different kinds of accounting issues at the time of conducting the accounting and financial operations. Various reasons are there behind these issues management, but non compliance with the required accounting and financial standards is considered as the major reason behind the occurrence of accounting issues (Kulikova, Grigoryeva and Gubaidullina 2014). It needs to be mentioned that it is the obligation on the business entities to carry on their accounting and financial operations as per the provided standards and principles of accounting conceptual framework and there is not any exception of this rule in case of Australian Security Exchange (ASX) listed companies. In Australia, Australian Accounting Standard Board (AASB), collaborating with International Accounting Standard Board (IASB), has developed an accounting conceptual framework that consists of all the required standards, regulations and principles that the ASX listed companies must comply with in order to avoid the significant accounting issues (aasb.gov.au 2018). This report aims to do an in-depth analysis of the standards and principles of the conceptual framework in Australia. Dominos Pizza Enterprises Limited of Australia is selected for the analysis as the company is listed in the top 100 ASX companies (dominos.com.au 2018). Conceptual Framework Objectives As per the earlier discussion, the ASX listed business entities are responsible to comply with the standards and principles of AASB conceptual framework so that the aspects like transparency and accuracy in financial reporting can be maintained. Now, it is required to be mentioned that the AASB conceptual framework has three major objectives in financial reporting and they are mentioned below: Users of financial statements need information about the economic resources of the business entities as this information is helpful for ascertaining the financial standing of the business entities. Thus, the first objective of conceptual framework is the give the users the necessary information about the economic resources of the entities for determining the financial position (aasb.gov.au 2018). For the purpose of investment decision-making, users need financial information related to profit/loss, sales and other financial aspects so that the financial performance of the business entities can be ascertained. Thus, the second objective lies in the delivery of this kind of information through financial reporting (aasb.gov.au 2018). Apart from above discussed requirements, users want the information related to the change in the financial performance of the business entities over the years for better decision-making process. Hence, the third objective of conceptual framework is to provide this necessary information to the users through the accurate financial statements (aasb.gov.au 2018). The following discussion shows the compliance of Dominos Pizza Enterprises with the above-discussed objectives of AASB conceptual framework management: The above figure is the consolidated statements of financial position of Dominos Pizza Enterprises. The above statement includes the financial information of the economic resources of the Dominos Pizza Enterprises like assets, liabilities, equity and others and this information helps the users in the determination of the financial standing of the company (dominos.com.au 2018). The above statement is the consolidated statement of profit or loss and other comprehensive income of Dominos Pizza Enterprises that consists of the financial information about revenue, income, profit/loss and others. This information is largely helpful for the users for the determination of the financial performance of the company (dominos.com.au 2018). The above statement is the consolidated statements of change in equity; and this statement includes information related to the change in profit, change in equity, change in income and others so that the users can ascertain the exact change in the financial performance of the company (dominos.com.au 2018). Apart from all these, Dominos Pizza Enterprises provides the necessary notes of financial statements in order to provide proper explanation and justification of the accounting treatments. From the latest annual report of Dominos Pizza Enterprises, it can be found that the company complies with Corporations Act 2001, Australian Accounting standards and the conceptual framework of AASB to prepare and present the financial statements. In addition, Dominos Pizza Enterprises also follows IASB and International Financial Reporting Standards (IFRS) for financial reporting. All these aspects support the argument that Dominos Pizza Enterprises Dominos Pizza Enterprises fulfils all the objectives of AASB conceptual framework (dominos.com.au 2018). Recognition Criteria Apart from the above-mentioned objectives, AASB conceptual framework has another dimension that is the recognition criteria of major financial aspects like assets, liabilities, equity, revenue and expenses. At the time of the preparation and presentation of the financial reports, business entities of ASX need to consider these recognition criteria (aasb.gov.au 2018). Moreover, business organizations need to consider two other aspects. First, companies are required to take into account all the relevant information associated with these above-mentioned financial aspects. After that, business entities are required to ensure the faithful representation of the financial statements for the recognition of major financial elements (aasb.gov.au 2018). In this context, it needs to be mentioned that the conceptual framework of AASB has provided the business entities of Australia with different rules for the recognition and measurement of the crucial elements of financial reporting. The following discussion shows the compliance of Dominos Pizza Enterprises with the above-discussed recognition criteria of AASB conceptual framework: Revenue: The accountants of Dominos Pizza Enterprises do the recognition of revenue based on the fair value of the received consideration. Revenue from the sales of the goods is recognized after the transfer of risk and rewards of ownership. Accrual basis is used for the recognition of franchise income. Dominos Pizza Enterprises follow AASB 118 for revenue recognition (aasb.gov.au 2018). Equity: ordinary shares are considered as equity in Dominos Pizza Enterprises and the company does not have any limit on the issue of authorized capital. In addition, the issued shares do not have any par value. The company follows AASB 1004 for the recognition of equity (aasb.gov.au 2018). Assets: Dominos Pizza Enterprises uses fair value model for the recognition of property, plant equipment as per AASB 116. It needs to be mentioned that Dominos Pizza Enterprises has pledged all their assets except goodwill as security (aasb.gov.au 2018). For the recognition of goodwill, Dominos Pizza Enterprises uses fair value and the goodwill is subject of amortisation as per AASB 138 (aasb.gov.au 2018). The company recognizes their trade and other receivables as loans and receivables and their measurement is done based on amortized costs as per AASB 9 (aasb.gov.au 2018). Liability: Trade and other payable is a significant liability of Dominos Pizza Enterprises and the company recognizes them as financial liabilities based on the amortized costs according o AASB 9 (aasb.gov.au 2018). In the company, interest bearing liabilities are considered as the borrowings of the company and Dominos Pizza Enterprises recognizes them on fair value basis after the deduction of transaction costs (aasb.gov.au 2018). Dominos Pizza Enterprises recognizes their business provision at the time of the presence of any present legal obligation due to any past event as per AASB (aasb.gov.au 2018). Thus, from the above discussion, it can be observed that Dominos Pizza Enterprises use the different recognition criteria provided by AASB conceptual framework for the recognition of different financial aspects. It implies that the company fully complies with the standards and principle of the recognition criteria of AASB conceptual framework. Fundamental Qualitative Characteristics In the conceptual framework for financial reporting, AASB has mentioned abut two fundamental characteristics of financial reporting as it is necessary for the financial statements to have these two characteristics in order to become useful to the users. They are Relevance and Faithful Representation. It needs to be mentioned that the relevant financial information has the capability to make positive difference in the decision-making process of the users (Nobes and Stadler 2015). At the same time, faithful representation helps the companies in representing all the information about the economic phenomena of the business entities (Sytnik 2014). The analysis of the 2017 Annual Report of Dominos Pizza Enterprises states that the company is very efficient in releasing the required financial through the publication of necessary financial statements like balance sheet, income statement, cash flows statement and others (dominos.com.au 2018). By accessing these reports, users can obtain all the relevant financial information of the company (dominos.com.au 2018). As per the above audit report, it can be observed that Dominos Pizza Enterprises has prepared and presented all of their financial statement with accordance to the standards of Australian Accounting Standard, AASB and Corporations Act 2001 (dominos.com.au 2018). In addition, the company also follows the standards of IASB and IFRS for financial reporting. Thus, all these above-mentioned aspects support the argument that the company has ensured faithful representation of financial information (dominos.com.au 2018). Enhancing Qualitative Characteristics Apart from the fundamental qualitative characteristics, AASB conceptual framework has also mentioned about four enhancing qualitative characteristics in order to enhance the quality of financial reporting. They are Comparability, Verifiability, Timeliness and Understandability (Bohuova 2014). Comparability helps in the identification of the similarities and differences in the different aspects of financial reports (Yurisandi and Puspitasari 2015). At the same time, verifiability ensures that the users can verify the provided financial information with the help of their knowledge. In the presence of timeliness characteristic, business organizations can ensure the timely delivery of the financial information (Kulikova Grigoryeva and Gubaidullina 2014). Lastly, in the presence of understandability, users can classify the financial information based on their characteristics and can present them (Gebhardt, Mora and Wagenhofer 2014). The presence of all these characteristics can be seen in the financial reporting of Dominos Pizza Enterprises (dominos.com.au 2018). The presence of faithful representation ensures to retain the characteristics of comparability and verifiability as the users can compare and verify the information by using the standards of AASB (dominos.com.au 2018). In addition, timely release of annual report ensures timeliness in financial information. It needs to be mentioned that Dominos Pizza Enterprises discloses all the necessary justification and clarification of accounting procedures with various notes to financial statements so that it becomes easy for the users to understand them (dominos.com.au 2018). Conclusion Based on the above discussion, it can be said that it is necessary for the business entities of ASX to comply with the standards and principles of the conceptual framework of AASB so that they can ignore the major accounting issues caused by non-complying with the required standards. Apart from this, the compliance with the conceptual framework of AASB helps in bringing accuracy, transparency and understandability in the financial reporting for the overall betterment of the users of these reports. In this report, it can be observed that Dominos Pizza Enterprises prepares and presents all of their financial statements in accordance with the rules and regulations of AASB conceptual framework. The company has fulfilled the objectives of AASB conceptual framework where they have recognized and measured the major financial elements as per the AASB recognition criteria. Complying with all these aspects has ensured that the financial reporting of the company posses all the fundamental as we ll as enhacing qualitative characteristics of AASB conceptual framework. By complying with all these standards and principles, Dominos Pizza Enterprises has been able to assist the users in decision-making process. From the whole discussion, some recommendations are provided below: It is recommended for all the ASX listed business entities to follow all the required standards and regulations for financial reporting in order to avoid the accounting issues; like AASB, IFRS, IASB and others. The business entities of Australia are required to comply with the objective of AASB conceptual framework for effective financial reporting. It is recommended to all ASX listed business entities to follow the recognition criteria of AASB conceptual framework for the recognition of major financial elements. The financial statements of these companies must possess both the fundamental and enhancing qualitative characteristics of financial reporting. References Aasb.gov.au. (2018).Conceptual Framework for Financial Reporting. [online] Available at: https://www.aasb.gov.au/admin/file/content105/c9/ACCED264_06-15.pdf [Accessed 16 Apr. 2018]. Aasb.gov.au. (2018).Conceptual Framework for Financial Reporting. [online] Available at: https://www.aasb.gov.au/admin/file/content105/c9/ACCED264_06-15.pdf [Accessed 16 Apr. 2018]. Aasb.gov.au. (2018).Contributions. [online] Available at: https://www.aasb.gov.au/admin/file/content105/c9/AASB1004_12-07_COMPjan15_07-15.pdf [Accessed 16 Apr. 2018]. Aasb.gov.au. (2018).Financial Instruments. [online] Available at: https://www.aasb.gov.au/admin/file/content105/c9/AASB9_12-14.pdf [Accessed 16 Apr. 2018]. Aasb.gov.au. (2018).Intangible Assets. [online] Available at: https://www.aasb.gov.au/admin/file/content105/c9/AASB138_08-15_COMPoct15_01-18.pdf [Accessed 16 Apr. 2018]. Aasb.gov.au. (2018).Inventories. [online] Available at: https://www.aasb.gov.au/admin/file/content105/c9/AASB102_07-15.pdf [Accessed 16 Apr. 2018]. Aasb.gov.au. (2018).Property, Plant and Equipment. [online] Available at: https://www.aasb.gov.au/admin/file/content105/c9/AASB116_07-04_COMPjun14_07-14.pdf [Accessed 16 Apr. 2018]. Aasb.gov.au. (2018).Revenue. [online] Available at: https://www.aasb.gov.au/admin/file/content105/c9/AASB118_07-04_COMPmay09_01-10.pdf [Accessed 16 Apr. 2018]. Bohuov, H., 2014. General aaproach to the IFRS and US GAAP convergence.Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis,59(4), pp.27-36. Dominos.com.au. (2018).Annual Report 2017. [online] Available at: https://www.dominos.com.au/media/91141/2017.pdf [Accessed 16 Apr. 2018]. Dominos.com.au. (2018).Domino's Corporate - Domino's Pizza. [online] Available at: https://www.dominos.com.au/inside-dominos/corporate [Accessed 16 Apr. 2018]. Gebhardt, G., Mora, A. and Wagenhofer, A., 2014. Revisiting the fundamental concepts of IFRS.Abacus,50(1), pp.107-116. Kulikova, L.I., Grigoryeva, L.L. and Gubaidullina, A.R., 2014. The interrelation between the professional judgment of the accountant and the quality of financial reporting.Mediterranean Journal of Social Sciences,5(24), p.61. Nobes, C.W. and Stadler, C., 2015. The qualitative characteristics of financial information, and managers accounting decisions: evidence from IFRS policy changes.Accounting and Business Research,45(5), pp.572-601. Sytnik, O.E., 2014. Comparative analysis of the guidelines for the preparation of financial statements in accordance with IFRS and formed the Russian accounting rules. Sworld,27(2), pp.27-31. Yurisandi, T. and Puspitasari, E., 2015. Financial Reporting Quality-Before and After IFRS Adoption Using NiCE Qualitative Characteristics Measurement.Procedia-Social and Behavioral Sciences,211, pp.644-652.