Name an industry or organization that you think could use innovation. Why hasn’t innovation taken hold in this industry or organization? What could be done to reverse this?

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Innovation

It seems like we are surrounded by new innovations every day. However, if you think about it, you can probably list several industries, organizations, processes, etc. that are far behind the innovation curve and could use some improvement.

For this forum, complete the following:

  1. Name an industry or organization that you think could use innovation.
  2. Why hasn’t innovation taken hold in this industry or organization (inhibitors or destroyers of innovation; myths or classic traps)?
  3. What could be done to reverse this (include the characteristics of those who are catalysts for innovation)?
  4. Recommend an innovation that may help the company

 

What is the nature of the organizational behavior (OB) problem? What are the causes of the organizational behavior problem? How can OB concepts be applied and extended to solve the problem?

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Organizational behavior

  1. What is the nature of the organizational behavior (OB) problem?
  2. What are the causes of the organizational behavior problem?
  3. How can OB concepts be applied and extended to solve the problem?
  4. What specific action steps should the organization take to solve the OB problem? What changes should be implemented?
  5. What are the potential barriers, obstacles, and challenges to following your OB
    recommendations?
  6. What are the risks, costs, and possible unintended consequences of following your OB
    recommendations?
  7. How will you communicate your OB findings to your clients and overcome potential resistance?

 

Mary applied for a job at the Millstone Restaurant. She was told her uniform would be a white blouse and black skirt, with a hem three centimetres above the knee. She agreed, but when she started work, she realized that female staff was dressed accordingly, but the men wore white shirts and black pants. At a later date, Mary appeared at work also dressed in a white shirt and black pants. The manager of the restaurant told her she was “out of uniform,” words were exchanged, and Mary was fired. Is there a Charter issue here?

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Business Law

Answer the questions from the case study below based on what we discussed in Chapter 1:

Case 1 (5 Marks)

Mary applied for a job at the Millstone Restaurant. She was told her uniform would be a white blouse and black skirt, with a hem three centimetres above the knee. She agreed, but when she started work, she realized that female staff was dressed accordingly, but the men wore white shirts and black pants. At a later date, Mary appeared at work also dressed in a white shirt and black pants. The manager of the restaurant told her she was “out of uniform,” words were exchanged, and Mary was fired. Is there a Charter issue here?

Case 2 (5 Marks)

FM 96 Tiger Radio wanted to set up a three-day live remote event in a provincial park for the Labour Day weekend. The provincial parks commission approved the plan, subject to a payment of $4,100, comprisedof a park event permit ($1,000), a sanitation charge ($1,000), a broadcasting permit ($500), a beer/wine premises special occasion permit ($1,500), and a fire inspection fee for the beer/wine consumptionpremises ($100). How should FM 96 respond to the provincial commission?

Case 3 (5 Marks)

In the year 1619, Maxwell was drunk, lost control of his horse and killed a child. No legal action was taken by the Crown. In the year 1859, Edward purposely drove his master’s wagon over a man in the street. He was executed for his crime. In the year 1959, Sharon was sober, lost control of her car and killed a child. She was given a suspended sentence and ordered to pay a $100 fine, and was sued by the child’s parents for damages of $1000 in funeral costs. In the year 2019, Karl was drunk, lost control of his car and killed a child. He was given one year imprisonment, a $1000 fine, a lifetime driver’s licence suspension and was sued for $2.5 million for emotional distress by the parents of the child. In what way is the principle of stare decisis at work here, if at all?

 

Discuss and analyze the central aim of marketing and Agenda 2030 and the UN’s Sustainable Development Goals (SGDs).

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 UN’s Sustainable Development Goals

Discuss and analyze the central aim of marketing and Agenda 2030 and the UN’s Sustainable Development Goals (SGDs).

Your discussion should include an (i) introduction, (ii) discussion, and (iii) concluding paragraphs. Your discussion should be between 250-300 words. References should also be included. The references do not count towards your word count.

 

How does transactional leadership differ from transformational leadership? Explain. How do you think each leadership style would approach communication with various stakeholders?

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Leadership style

Comparison: How does transactional leadership differ from transformational leadership? Explain.

Communication: How do you think each leadership style would approach communication with various stakeholders?

Impact: What is the impact if a leader does not recognize the need to adjust their commination based off the audience’s needs?

 

Who are their customers? Are the customers of these businesses similar, or are they reaching different segments? How are these customers similar to the customers you hope to reach?

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Business Web sites

800 words

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Complete the following:

Identify and explore 3 business Web sites that do something similar to what you hope to do. These businesses may provide the same product or service as you, or they may provide a different product or service that fills the same consumer need. Respond to the following questions:

  • Who are their customers (geographic, demographic, psychographic, and behavioral attributes)?
  • Are the customers of these businesses similar, or are they reaching different segments?
  • How are these customers similar to the customers you hope to reach?

 

What are the net cash flows in each of the 5 years of operation? What are the terminal cash flows from the sale of the asset at the end of 5 years? What is the NPV of the investment? What is the IRR of the investment?

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The Cosmo K Manufacturing Group currently has sales of $1,400,000 per year. It is considering the addition of a new office machine, which will not result in any new sales but will save the company $105,500 before taxes per year over its 5-year useful life. The machine will cost $300,000 plus another $12,000 for installation. The new asset will be depreciated using a modified accelerated cost recovery system (MACRS) 5-year class life. It will be sold for $25,000 at the end of 5 years. Additional inventory of $11,000 will be required for parts and maintenance of the new machine. The company evaluates all projects at this risk level using an 11.99% required rate of return. The tax rate is expected to be 35% for the next decade.

Tasks:

Answer the following questions:

  • What is the total investment in the new machine at time = 0 (T = 0)?
  • What are the net cash flows in each of the 5 years of operation?
  • What are the terminal cash flows from the sale of the asset at the end of 5 years?
  • What is the NPV of the investment?
  • What is the IRR of the investment?
  • What is the payback period for the investment?
  • What is the profitability index for the investment?
  • According to the decision rules for the NPV and those for the IRR, is the project acceptable?
  • Is there a conflict between the two decision methods? If so, what would you use to make a recommendation?
  • What are the pros and cons of the NPV and the IRR? Explain your answers.

 

Critically evaluate your organisation’s approach to strategic HRM by examining its policies, practices and procedures against any three characteristics of sustainable HRM as, identified by Kramar (2022). Choose to focus on those characteristics that you believe to be the most important and/or relevant for your organisation.

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Sustainablity of company xyz HRM

Kramar, R 2022, ‘Sustainable human resource management: Six defining characteristics’, Asia Pacific Journal of Human Resources, vol. 60, no. 1, pp. 146-170, DOI:10.1111/1744-7941.12321.

According to Kramar (2022), Sustainable HRM is built on the principles of Strategic HRM and focuses on broad organisational goals in a number of areas, and not just “business” goals. Central to this approach, however, is the link between HRM and sustainability. Based on your reading of this article and your understanding of the HRM theories, concepts and principles that you have learned in this subject, your task is to:

Critically evaluate your organisation’s approach (or any organisation you are familiar with) to strategic HRM by examining its policies, practices and procedures against any three characteristics of sustainable HRM as, identified by Kramar (2022). You can choose to focus on those characteristics that you believe to be the most important and/or relevant for your organisation.

Develop an understanding of the data by using descriptive tools such as dashboards, key performance indicators, and scorecards. Use advanced software to perform data visualization.

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Business solutions

  1. Develop an understanding of the data by using descriptive tools such as dashboards, key performance indicators, and scorecards. Use advanced software to perform data visualization.
  2. Develop predictive models using statistical modeling and alternative data models.
  3. Develop business solutions using prescriptive or analytical models. Use software tools to choose the best solution

 

Determine the specific KPIs you will use to effectively measure the success of the strategy and explain how/why these KPIs align with the identified strategy and with the organization’s mission, vision, and values.

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Strategy and Key Performance Indicators

Overview: In this milestone, you will submit the Strategy and Key Performance Indicators for your chosen case study.

Use the worksheet provided to complete the strategy and key performance indicators. Make sure your chosen strategy is in line with the company’s mission and values. Your KPIs should fit the chosen strategy and provide objective measures.

Specifically, the following critical elements from the final project must be addressed:

IV. Strategy: What does the company need to do to change direction?
A. Devise an informed basic strategy to move the organization in a new direction based on the environmental analysis.

B. Identify the key players in implementing the strategy (marketing, operations, accounting, sales, HR, etc.) and describe how it affects them.

C. Develop a basic (high-level) plan to improve organizational performance.

1. Define goals for profitability based on specifics from analyses.

2. Explain in detail how the goals are in alignment with the company mission/vision and values.

D. Describe in detail how this plan affects the organization’s departments (marketing, operations, HR functions, etc.).

V. Key Performance Indicators: What does success look like?

A. Determine the specific KPIs you will use to effectively measure the success of the strategy and explain how/why these KPIs align with the identified strategy and with the organization’s mission, vision, and values.

B. Identify at least one KPI for each profitability goal identified previously.