Premium Essay

Business Management, Issues of Poland

In: Business and Management

Submitted By klweiss92
Words 334
Pages 2
1. What’re the current issues of Poland? What’s the climate doing for business?

One of the most noticeable issues for business in Poland is that originally the country was not viewed as attractive by business standards; however, the change in economic liberalization as a transition economy from the 1990’s has begun to make Poland a business port.
As such, the rising economy, central European location, and well-educated/hard-working citizens have turned Poland into a prime location for American and Canadian multinational corporations (MCNs). The liberal economy, work force, and updated transportation systems are adequate for global business.

2. Is the Canadian manufacturing firm using an economic, political, or quality imperative approach to strategy?

It seems that the Canadian power-tool manufacturing company is utilizing an economic imperative strategy. Due to the liberal economy, tax exemptions, incentives, low labor costs, the acceptance of direct foreign investment,—already 350 U.S. firms have established holdings—and the fact that there will be little to no competition in the small power tool manufacturing business for quite some time in the region.

3. How should the firm carry out the environmental scanning process? Would it be of any practical value?

The Canadian firm needs to focus on external factors when conducting an environmental scan; primarily on factors that will aid in economic growth, —nearby developing regions that have a demand for their product—income levels (relatively low in comparison to neighboring countries), and employment rates (relatively high). The scan results are of high practical value, as the process helps with making decisions in expansion, innovation, and when entering or leaving markets.

4. What’re two key factors if the project succeeds?

The first factor for success is the increase of production—which…...

Similar Documents

Free Essay

Business Issue

...|102 | |04 |Rifat Jahan |136 | |05 |Shayala Yesmin |160 | LETTER OF TRANSMITTAL October 30, 2010 IMRANA YASMIN Assistant Professor Dept. of Marketing University of Dhaka Subject: Letter regarding submission of Term Paper on HRM Dear Madam, It’s a great pleasure for us to have the opportunity to submit a report on ‘HUMAN RESOURE MANAGEMENT’ which had been a great experience for us to work with such a practical issue & to have the opportunity to know about the link between national culture, organizational culture, and values that determine behavior and decisions in organizations. It also helped us to know the different legal and ethical issues, different aspects of ethical conduct etc. We tried utmost to make & let it look like a professional one. Any shortcomings are expected to have a kind view for our encouragement. Our efforts will be valued, if this report can serve for what it’s been meant for & our assistance will be there for any queries. Sincerely yours, G. M. Riazuddin On behalf of the Group BRAINTRUST Section “B” BBA 15th Batch Department of Marketing University of Dhaka ACKNOWLEDGEMENT First of all, all the praise belongs to Allah, the all knower & the best helpers to make our report a practical one......

Words: 1769 - Pages: 8

Free Essay

Management Issue

... Dealing with a Management Issue An Assignment Submitted by Name of Student Name of Establishment Class XXXX, Section XXXX, Summer 2012 Table of Contents Purpose 3 The background of the issue 4 Research procedure used to make the decision 6 The process chosen to resolve the problem: downsizing 7 Undertaking the decision to downsize 8 Planning downsizing 9 Announcing the downsizing 9 Implementing the downsizing at Hp 10 Proposed evaluation system to assess the effectiveness of downsizing 11 Conclusion 12 References 13 Purpose The purpose of this paper is to describe and analyze an issue, experienced by your organization, which requires, required, or will require a resolution to be determined through the decision-making process. Accordingly, the paper will describe and analyze the issue of downsizing within Hp. Introduction Employee downsizing is usually undertaken by companies during economic recession such the recent global financial recession as a reactive and tactical decision. However, some successful organizations apply downsizing as a strategic move aimed at restructuring their entire human resource strategy. Downsizing is just one of the alternatives available for an organization to improve its performance. Some companies use downsizing as a way of improving their medium and long term competency through well structured coaching and career management. Hp Company that downsized 25,000 employees in 2008 again faces the issue of downsizing this year......

Words: 3075 - Pages: 13

Premium Essay

Issue in Business

...BB315 – Issues in Business Tutorial Questions Chapter 17 – Emerging Markets PART A – True or False Questions 1. The study of the nonmarket environment of an emerging market country involves assessment of labor market, demand and supply relations, and investigation of the competitiveness of incumbent companies. (True or False) 2. Transparency International’s Corruption Perceptions Index (CPI) pertains to the corruption in a country or the demand side of corruption. (True or False) 3. To use a country to export goods to better developed countries and markets requires foreign markets to be closed, which if generally the case in developing countries. (True or False) 4. Culture can be important, not only shaping the opportunities and risks in a country but also for the likelihood that a company can implement its market strategy. (True or False) 5. Microfinance, in its modern version, was introduced by Muhammad Yunus, a Bangladeshi economist. (True or False) 6. The fair trade system attempts to intervene directly on both market and nonmarket issues by coordinating the flow of consumer revenue to participating producers. (True or False) 7. Rule of law can override politics and political ties when doing business in emerging market countries. (True or False) 8. Emerging markets countries have imposed a variety of restrictions on foreign direct investment, foreign exchange transactions, and the repatriation of earnings. ......

Words: 692 - Pages: 3

Free Essay

Issues Management

...ISSUES MANAGEMENT Crisis management, at its best, is crisis avoidance. Crisis avoidance involves excellent issues management. Introduction Cigarette smoking, global warming, the future of the rain forest, obesity, healthcare costs, DNA, intensive farming, child labour; these are just a few of the subjects that have influenced the way in which business operates over the past 30 years. Issues management practice is the “identification, monitoring, and analysis of trends in key publics’ opinions that can mature into public policy and regulatory or legislative constraint of the private sector” We will argue that the successful issues manager recognises when an issue had changed or has the power to change the context in which business operates; is able to pinpoint a specific threat or opportunity to a specific industry, company or product, in a specific part of the world at a specific point in time; and can execute a series of actions to do something about it while remaining vigilant for any shifts in interpretation that need new thinking. Issues Management: defining the field What is an Issue? It will come as no surprise to discover that there are many definitions of an issue. Chase and Jones describe an issue as “an unsettled matter which is ready for decision.” Others suggest that, in its basic form, an issue can be defined as a point of conflict between an organization and one or more of its audiences. A simple definition that we like to use is that an issue......

Words: 4164 - Pages: 17

Premium Essay

Ethical Issues in Management

...Ethical Issues in Management Juanita Bell University of Phoenix Ethical Issues in Management What is business ethics? According to wiseGEEK (2003-2010), business ethics “Is the behavior that a business adheres to in its daily dealings with the world.” (What is Business Ethics? para.1). The ethics of a organization may be discrete, however ethics do not just apply to how the business communicates with the world, but also includes the business’ one-on-one relations with individual clients and employee’s. There are many ethical issues involved in management. Diversity has become a major issue in the management world. Workplace diversity refers to the extent of cultural diversity within a company. “Diversity is generally defined as acknowledging, understanding, accepting, valuing, and celebrating differences among people with respect to age, class, ethnicity, gender, physical and mental ability, race, sexual orientation, spiritual practice, and public assistance status (K.A. Green, M. López, A. Wysocki, & K. Kepner, 2008)”. Diversity in business allows a business to better understand the demographics of its marketplace. Many advertise themselves as “Equal Opportunity Employers”, meaning they maintain a diverse workplace and will not discriminate. Though many ethical issues can be found with in the workplace, the most common is discrimination. Discrimination is one of the main issues currently stopping diversity. “Discrimination occurs whenever something other than......

Words: 1127 - Pages: 5

Premium Essay

Ethical Issues in Management

...Issues in Management Ethical and Legal Issues in Management MGT/216 May 10, 2010 Brent Boardman As a manager there are many ethical and legal issues that a person may have to deal with. One of the biggest is termination. If not done properly, this can cause law suits for wrongful termination, regardless of the reasons behind it. When working in a position of management it is very important to understand what an employee can be terminated for. It is against the law to terminate an employee for such things as discrimination of race, sex, age, orientation, or whistle blowing. For an employee with disciplinary problems, the manager will want to document every issue that they may have with an employee, although according to Barry Gross from All business (2010), documentation is not a requirement for termination, it is suggested that this be done so that if it ever comes down to having to terminate that employee, there would be documentation stating that the particular employee has had prior discipline problems. Also, when terminating an employee, it should be done in private, and respectfully, though the manager may want to have a second manager in the room for their own protection, so that it cannot be said that the employee was disrespected in front of their peers. If there is no documentation to prove that the employee has had disciplinary problems before, the employee may be able to sue the company for wrongful termination, and win. Another legal issue would be......

Words: 563 - Pages: 3

Premium Essay

Ethical Issues in Management

...Ethical Issues in Management Jaceson Bradford MGT 216 May 3, 2010 Bill Link Introduction In today’s workplace it is important to understand how making an accurate hiring decision can affect the organization. With jobs becoming increasingly difficult to arrive at because of the economy, applicants for employment are willing to misrepresent their credentials in the application process. Managers are faced with ethical and legal aspects of hiring along with social issues that make ethically responsible management practices increasingly important. This paper will provide information about ethical and legal aspects associated with hiring and provide moral and ethical issues faced by managers. This paper will also describe the relationship between social issues and ethically responsible practices that relate to hiring. Moral and Ethical Issues Many people don’t understand the cost related to making a poor hiring decision. From productivity, customer service, and liability prospective have been widely studied and has been estimated to be three times the annual salary of the individual involved (Calvasina, Calvasina, & Calvasina 2008). Therefore, it is important for managers to make their decisions of an applicant based on skills as well as moral and ethical values. It is very difficult at times for managers because their responsibilities include not only hiring, but also promotion, conduct of employees, and motivation. But it is even more......

Words: 1143 - Pages: 5

Premium Essay

Business and Management

...find another investor who wishes to sell. Investment companies do not take part in the transaction. In addition to selling equity shares, closed-ended companies issue a variety of debt and equity securities including preferred stock, regular and convertible bonds, and stock warrants for raising funds.Investment banks act as intermediaries between issuers and investors. The issuer sells securities to investment bankers who in turn sell the securities to investors. The investment banks own the securities until they are resold. For firms seeking to raise long-term funds, investment banks provide assistance through a number of functions including underwriting, marketing of securities, corporate finance, sale and brokerage, asset management and research. In underwriting, investment banks can protect themselves by forming a syndicate, which allows them to diversify the risk. One investment bank acts as the managing underwriter that oversees the underwriting activities of all members of the syndicate. In the process of marketing, securities are typically sold through a selling group consisting of the sales division of the underwriting syndicate and selected retail brokerage houses. Another significant development in investment banking is the 'unsyndicated stock offering', in which, the corporation distributes the entire stock issue directly to institutional investors rather than syndicating them through a retail distribution network to individual investors. Corporate finance is the......

Words: 5566 - Pages: 23

Premium Essay

Business and Management

...globally. For instance, it can do exactly the same business with the same strategy once again. But this time, Southwest has to do it in every part of the world. For instance, Southwest can expand its business in France, Germany, Australia, Russia, China, Japan, Poland, Greece, etc. All Southwest has to do is doing “Short-Haul” business in all the countries. Once the “Short-Haul” strategy has spread to almost all the nations with economic prosperity, Southwest can start its “Long-Haul” strategy. Its global network will be linked like the solid structure of an atom, from Russia to Germany, Germany to France, France to Australia, Australia to China, and China to Switzerland, etc. By doing this, Southwest will have an extremely solid structure of global airline network that is likely to be very durable. The structure is similar to that of an atom. The structure of an atom can be described as one of the most solid structure among all other solid elements. This strategy adopted from “The Art of War” is based on the theory of strategic transformation, especially from a micro-perspective to a macro-perspective (Chapter IV, Art of War). By duplicating its successful strategy of “Short-Haul”, Southwest will have the capabilities of accumulating more strengths little by little. When Southwest considers it the right time to transform the “Short-Hauls” strategy to “Long-Hauls”, it can connect its business in every corner of the world. Each business in a certain place can be regard as a......

Words: 4871 - Pages: 20

Premium Essay

Management Issues

...being that selection within the hotel industry tends to be informal, simplistic, and reactive (Scholarios et al, 2004), There is some data that suggests that in an artificial and time constrained situation key mistakes can be made thus a clear coherent selection strategy that leans to reflect a holistic approach, will solidly integrate the Hotel’s pursuit of quality and ensure the recruitment of high quality staff that will fit in with the hotels ethos of high quality and an ‘employer of choice’. For the Excelsior Hotel to reach its business objectives of becoming an employer of choice they must not only attract talent, it is imperative that they not only consistently compete for the best talent and win, but retain and engage each individual knowing that all employees specifically the best, will always have choice to move elsewhere. Recognising that managers must take responsibility and need to own all four phases of the talent management cycle: attract, select, engage, and sustain engagement will help with the engagement of future employees (Branham, 2005). Recruitment of Restaurant Head Chef In the recruitment of the Restaurant Head Chef, to achieve the level of competency and creative skill the hotel is looking for, the placement of advertisements should be placed quickly and strategically. We are blessed within Cornwall with many talented Chefs who with the right package could be tempted to new pastures especially for the talented head Sous Chefs looking for......

Words: 5016 - Pages: 21

Premium Essay

Business and Management Business and Management Business and Management Business and Management Business and Management

...Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and management Business and......

Words: 321 - Pages: 2

Premium Essay

Issues Management

...Issue Management The purpose of this research is to give an insight on the basic practice of issue management, also to look at the overview requirements, activities and general terms related to issues of management. For project to be successful the management issues need to be maintained and stable at all times. Do you know that the power in an organization lies in the management aspect? Having looked at various security techniques, principles and basic software security systems, this topic should be a no brainer. Why because if you set up a security technology and you develop your software secured. We should know that unsettled issues could cause interruptions or hinder a project from reaching its goals. The next thing to do is to set up a management system. The main objective of a security project manager is to ensure that the system is being protected and the process in which it is protected. And according to research, people tend to focus more on the former aspect and ignore the latter, a lot of people worry about what is and never think about what if or what would be, and that is where the managerial aspect of security comes in. the core purpose of a business is to make a profit, with security it is easy to establish a fine line between profit and loss or risk and reward, before we go any further lets quickly compare these two key terms Issue and Risk. Risk according to and so managing and securing a company’s security system can give you a balance and create......

Words: 1702 - Pages: 7

Premium Essay

Strategic Management Issues

...STRATEGIC ISSUE MANAGEMENT PRACTICES AT THE KENYA POWER & LIGHTING COMPANY LTD BY BETTY MWENDE KAUMBUTHU A RESEARCH PROJECT PRESENTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF MASTERS OF BUSINESS ADMINISTRATION DEGREE, SCHOOL OF BUSINESS, UNIVERSITY OF NAIROBI NOVEMBER 2013 DECLARATION This research project is my own original work and has not been presented for a degree in any other University or Institution of higher learning. SIGNED ………………………………………… DATE ………………….. BETTY MWENDE KAUMBUTHU D61/71576/2008 This research project has been submitted for Examination with my approval as University Supervisor. SIGNED: ………………………………………… DATE: ……………………. MR. JEREMIAH KAGWE Lecturer School of Business University of Nairobi ii DEDICATION This study is dedicated to my parents and friends who bring me immense source of joy and fulfilment. iii ACKNOWLEDGEMENTS I am deeply indebted to Mr. Jeremiah Kagwe for his guidance, patience and insightful input from the commencement of this project to its completion. I wish also to express my appreciation to the School of Business, MBA lecturers without whose enormous contribution in class sessions, this work would have not been possible. I am also grateful to my entire family members. Their encouragement, patience and understanding were attributes without which I would not have successfully completed the project. I have also received support and motivation from several fellow MBA students during class sessions, group......

Words: 14718 - Pages: 59

Premium Essay

Ethic Issues in Management

...Ethic Issues in Management Conel Joseph MGT/216 September 1, 2010 Chrystal Tart Ethic Issues in Management In business ethic issues occurs on a regular basics. How does business resolve these matters? What legal aspect does management may have to address? In any business management has to prepare for ethic issues. The businesses realize that being unaware of ethic issues in the company can be a problem waiting to erupt. In this paper I will discuss moral and ethical issues, social issues responsible in management, and legal aspects facing management. In the business world management has multiple tasks to complete on a daily basic. In a business managers are seen as a leadership role. The leader must be productive efficiency with a group of employees. The task of handling moral and ethical issues is critical aspect that management has to address. The moral issues can be tough to handle. Individuals view morals as what is right and wrong pertaining to all situations. Ethic issues ties into the moral views of the employee as well. The norm is that everyone knows right from wrong. In the workplace employee are diverse and unique. Also there are different ethnicity, race, gender, ages, and physical disabilities in the workplace. Some of the moral and ethics issue managers have to face are termination, hiring, working hours, work ethic bias, discipline, and harassment. How do managers tackle such a major problem facing business around the country? The......

Words: 1079 - Pages: 5

Premium Essay

Ethical Issues in Management

...Ethical Issues in Management Oscar Puente MGT 216 Organizational Ethics and Social Responsibility August, 30 2010 Kenna Fowler Ethical Issues in Management The complexity of work ethics sometimes is more complicated than expected, the expectations from employees and the conflicts of interest in many cases creates hostile environment and causes irregularities between employees and their piers; the fundamental of social work is attention to the environmental forces, which creates and contributes problems in the living. Social workers can be affected to sensitive in cultural and ethnic diversity. Given the economy of this country the climate and number of Jobs people loses in a daily basis, most citizens are feeling the pressure to work harder. However, in spite of the increasing intensity of the economy crisis, it is not unfortunate to give up in to such pressure, the ethical dilemma of working Americans. The most valuable commodity people have is time and professionalism in their personal life. To employees in general it is known to be wrong spending too much time working in one project with the expense of other equally and critical tasks. The same is for managers taking too long managing one employee and unable to manage others. The most important thing to know is that ethics is not just to know how managers treat others but to learn management in their own selves; it isn’t fair to anyone else or yourself if you have not taking time off from work. You're also......

Words: 1229 - Pages: 5