Environmental Scan Paper - 1138 Words

Environmental Scan Paper MGT/498 Environmental Scan Paper The business environment of an organization reveals much about its competitiveness and the possible influences on the success of its strategies. The focus of this paper will be an environmental scan of the internal and external environments of two real-world firms, their competitive advantages and company strategies for creating value and sustaining competitiveness, measurement guidelines for verifying strategic effectiveness and their evaluation. Internal and External Environments Environmental scanning of the internal organizational environment focuses on company culture, employee-employee, manager-employee, and†¦show more content†¦In relation to Apple’s internal environment, the company encourages an innovative culture, involving staff creativity and open-mindedness to novel ideas. In addition, Apple stresses the use of environmentally friendly practices, and protection of employees’ safety and health at work (Schneider, 1995, p. 70). Apple’s external environment poses a challenge to the company in terms of emerging firms in the technology business line, competitors selling substitute products, charging lower prices that entice customers because of their affordability, in comparison to the high quality and pricing of similar items from Apple (Apple, 2012, p.1). Competitive advantages and company strategies Creating value and sustaining competitive advantage through business strategy McDonald’s emphasizes cleanliness and food safety, in addition to quality and value service (QSCV), through which it has succeeded in obtaining customer trust. The company also stresses ethical practices, dependability, and truthfulness in dealing with customers (McDonald’s, 2012, p. 1). Moreover, McDonald’s employs a coordinated marketing strategy that involves analyzing customer wants, creating products to satisfy his or her needs, setting the right prices and enhancing awareness ofShow MoreRelatedEnvironmental Scan Paper1539 Words   |  7 PagesEnvironmental Scan Paper MGT/498 July 22, 2015 Environmental Scan Paper The evaluating, monitoring, and disseminating of information from internal and external environments to key people within the corporation is called environmental scanning. (Wheelen and Hunger. 2010) Environmental scanning helps an organization identify relevant factors and use those factors to obtain a competitive advantage within the environment. The author will discuss how an organization creates value and sustainsRead MoreEnvironmental Scan Paper1272 Words   |  6 PagesEnvironmental Scan Paper There are internal and external elements that help a corporation determine their future. Environmental scanning monitors, evaluates, and disseminates the information from both the internal and external environments within the corporation. The internal and external elements are strategic factors that determine the corporation’s future. Environmental scanning can be conducted through a simple SWOT analysisRead MoreEnvironmental Scan Paper1148 Words   |  5 Pagesï » ¿ Environmental Scan Paper Shalunda Lester MGT 498 May 2, 2015 Jerome Dausman Environmental Scan Paper Introduction The monitoring, evaluating, and disseminating of information from the external and internal environments is known as environmental scanning. This information goes to key people within the corporation to identify strategic factors and help determine the future of the corporation (Wheelen Hunger). SWOT analysis is the simplest way to conduct environmental scanning. TheRead MoreEnvironmental Scan Paper1497 Words   |  6 PagesEnvironmental Scan Paper MGT/498 December 10, 2014 Dr. Pamela Linden Environmental Scan Paper Environmental scanning plays a critical role in the strategic management planning process. The environmental scan provides important information, which may be useful in forecasting changes for the future. Environmental scanning is, â€Å"the monitoring, evaluation, and dissemination of information from the external and internal environments to key people within the organization.† (Wheelen and HungerRead MoreEnvironmental Scan Paper1535 Words   |  7 Pagesï » ¿ Environmental Scan Paper Christine Jennings MGT/498 Jacqueline Limonta November 17, 2014 Environmental Scan The concept of environmental scanning is important because of the short term and long term success of a company. This tool helps companies scan, monitor, evaluate, and forecast the internal and external parts of the company. In order to obtain an accurate assessment of the internal and external variables of a company, the business managers would have to use a SWOT analysis to developRead MoreEthical and Environmental Scan Paper1850 Words   |  8 PagesEthical and Environmental Scan Paper: Enron, Google, Amazon, and Microsoft Ethics and the environmental responsibilities of companies tie directly into those of social responsibilities and occupy a very important position in both incorporating into strategic plans and the company’s value system. In this paper, the subject to describe is how the role of ethics and social responsibility is developed into a company’s strategic plan; this will enclose an example of how Enron initiated an oversteppingRead MoreMgt 498 Week 3 Environmental Scan Paper1112 Words   |  5 PagesEnvironmental Scan Paper Your Name MGT 498 Week 3 Instructor Name Date For any company to survive in the business environment, they must be accustomed toward any situation within the environment because of certain issues, perceptions, chances, and resources. These are such reasons every business must observe any applicable changes, which can occur within the environment and invent from existing policies to adjust toward variations. For any company to succeed the company will need to conquer theRead MoreMgt 498 Week 3 Environmental Scan Paper1099 Words   |  5 PagesEnvironmental Scan Paper Your Name MGT 498 Week 3 Instructor Name Date For any company to survive in the business environment, they must be accustomed toward any situation within the environment because of certain issues, perceptions, chances, and resources. These are such reasons every business must observe any applicable changes, which can occur within the environment and invent from existing policies to adjust toward variations. For any company to succeed the company will need to conquerRead MoreMGT/498 Week Three Individual Environmental Scan Paper1199 Words   |  5 Pages Environmental Scan Paper Craig Clark University Of Phoenix MGT/498 March 9, 2013 Environmental Scan Paper The environment of any organization consists of internal and external factors. An organization should conduct a scan of its environment in order for it to determine development, and a forecast on the factors that may influence the success of the organization. Scanning the environment refers to the possession and utilization of the information that an organization hasRead MoreEnvironmental Scan1153 Words   |  5 PagesMGT 498 Environmental Scan Paper MGT/498 Environmental Scan Paper Environmental scans play a crucial role in the strategic planning process by helping organizations take a look at their competitive advantages and identify ways to sustain the advantages. Wheelen and Hunger (2010) describes environmental scanning as â€Å"the monitoring, evaluation, and dissemination of information from external and internal environments

Why Everybody Is Completely Wrong About Samples of History Essay

Why Everybody Is Completely Wrong About Samples of History Essay The paragraphs which form the body of a history essay provides historical evidence to back up the thesis statement. When reading through such materials, it's important to take note of the major points which you would utilize to support your argument. You might not even be clear about the last thesis till you have written a lot of the paper itself and seen the way the argument holds together. The body of the essay is wherever your argument is actually made and where you are going to be using evidence directly. Get the Scoop on Samples of History Essay Before You're Too Late If you would like to compose the essay yourself, we believe it would be best to decide on a universal subject or issue. It's thus important to remind the readers of your central argument and supply an overview of the principal points. The topic sentence will aid in the debut of the idea to the reader. The history teacher or assignment outl ine may request a certain number of paragraphs. Why Almost Everything You've Learned About Samples of History Essay Is Wrong In any event, you're sure to work with a writer who meets all the qualifications. It's very beneficial to take writing apart to be able to see just the way that it accomplishes its objectives. Don't be worried about a number of them being rather abstract their primary aim is to reveal to you the basic principles that you'll have the ability to transfer to your own writing. Or if you're requested to explain the successes of a certain individual, again avoid writing the very first thing which comes into your head. Thirdly, it can learn more about the value of a person's impact on history. The technique needed to compose an impressive history essay can change from 1 topic to another. To begin with, it can help to understand its objective. Narrow down your objective history is extremely wide, and thus it is nearly not possible to write about everything o n a topic that you might have been allocated. Samples of History Essay Features One of the main insights of MapReduce was that one shouldn't be made to move data so as to process it. You must make sure you're in a position to deliver a message as opposed to getting readers confused. Whether your papers are about Canadian history essay topics or some other topic, you're still guaranteed of premium quality. You'll observe a similar structure in several of the essays. Otherwise, all of the research which you have done will go to waste if you cannot describe it comprehensively. Our typical essay examples are free while our custom essays can be obtained at sensible rates. Essays may look very dull sometimes. With essay outline, they will prevent writer to get off topic or jumping from one argument to another argument that does not relate with what you are discussing. An essay is also a brief bit of writing on a certain subject. Making an essay isn't an easy job. Before you begin your writing, you ought to go through your supervisors' instruction and establish the most important requirement of the paper. The most frequently encountered paper writing service that the bulk of our clients require is essay writing. In any case, you're permitted to communicate directly with the writer handling your paper so you can make any clarifications. Academic papers cannot contain any signals of plagiarism. The history books will supply you with wealth of information, but you should estimate what's related to you and comes within the perimeters of the subject of your History essay. Eventually you will probably become confused. As you will discuss history, t here could be a range of previous events to narrate, so come to be an impressive narrator. The Do's and Don'ts of Samples of History Essay If you neglect to conclude well, all of your hard work is in vain. If you're looking for assistance with your essay then we provide a comprehensive writing service offered by fully qualified academics in your area of study. If you've already graduated from college or university and are looking for a superior job, you want to get a persuasive resume to impress your future employer. Perhaps the most usual problem that students have, when they're assigned an essay, is they aren't even certain how to start.

Compensation and Benefits Free Essays

Compensation and benefits From Wikipedia, the free encyclopedia (Redirected from Compensation Benefits) Jump to: navigation, search Compensation and benefits (abbreviated â€Å"CB†) is a sub-discipline of human resources, focused on employee compensation and benefits policy-making. It is also known in the UK as â€Å"total reward† and as â€Å"remuneration† in Australia and New Zealand. Contents[hide] * 1 The basic components of employee compensation and benefits * 2 Variable pay * 3 Benefits * 4 Equity-based compensation * 5 Organizational place * 6 Main influencers * 7 Bonus plans| [edit] The basic components of employee compensation and benefits Employee compensation and benefits are basically divided into four categories: 1. We will write a custom essay sample on Compensation and Benefits or any similar topic only for you Order Now Guaranteed pay – monetary (cash) reward paid by an employer to an employee based on employee/employer relations. The most common form of guaranteed pay is the basic salary. . Variable pay – monetary (cash) reward paid by an employer to an employee that is contingent on discretion, performance or results achieved. The most common forms are bonuses and sales incentives. 3. Benefits – programs an employer uses to supplement employees’ compensation, such as paid time-off, medical insurance, company car, and more. 4. Equity-based compensation – a plan using the employer’s share as compensation. The most common examples are stock options. Guaranteed pay Guaranteed pay is a monetary (cash) reward. The basic element of the guaranteed pay is the base salary, paid based on an hourly, daily, weekly, bi-weekly or a monthly rate. The base salary is typically used by employees for ongoing consumption. Many countries dictate the minimum base salary defining a minimum wage. Individual skills and level of experience of employees leave room for differentiation of income-levels within the job-based pay structure. In addition to base salary, there are other pay elements which are paid based solely on employee/employer relations, such salary and seniority allowance. edit] Variable pay Variable pay is a monetary (cash) reward that is contingent on discretion, performance or results achieved. There are different types of variable pay plans, such as bonus schemes, sales incentives (commission), overtime pay, and more. An example where this type of compensation plan is prevalent is the real estate industry and real estate agents. A common variable pay plan might be the sales person receives 50% of every dollar they bring in up to a level of revenue at which they then bump up to 85% for every dollar they bring in going forward. Typically, this type of plan is based on an annual period of time requiring a â€Å"resetting† each year back to the starting point of 50%. Sometimes this type of plan is administered so that the sales person never resets and never falls down to a lower level. It also includes Performance Linked Incentive whcih is variable and may range from 130% to 0% as per performance of the indiviudal as per his KRA. [edit] Benefits There is a wide variety of employee benefits, such as paid time-off, insurances (life insurance, medical/dental insurance, and work disability insurance), pension plan, company car, and more. A benefit plan is designed to address a specific need and is often provided not in the form of cash. Many countries dictate different minimum benefits, such as minimum paid time-off, employer’s pension contribution, sick pay, and more. [edit] Equity-based compensation Equity based compensation is an employer compensation plan using the employer’s shares as employee compensation. The most common form is stock options, yet employers use additional vehicles such as restricted stock, restricted stock units (RSU), employee stock purchase plan (ESPP), and stock appreciation rights (SAR). The classic objectives of equity based compensation plans are retention, attraction of new hires and aligning employees’ and shareholders’ interests. [edit] Organizational place In most companies, compensation benefits (CB) is a sub-function of the human-resources function. HR organizations in big companies are typically divided into three: HR business partners (HRBPs), HR centers of excellence, and HR shared services. CB is an HR center of excellence, like staffing and organizational development (OD). [edit] Main influencers Employee compensation and benefits main influencers can be divided into two: internal (company) and external influencers. The most important internal influencers are the business objectives, labor unions, internal equity (the idea of compensating employees in similar jobs and similar performance in a similar way), organizational culture and organizational structure. The most important external influencers are the state of the economy, inflation, unemployment rate, the relevant labor market, labor law, tax law, and the relevant industry habits and trends. edit] Bonus plans Bonus plans are variable pay plans. They have three classic objectives: 1. Adjust labor cost to financial results – the basic idea is to create a bonus plan where the company is paying more bonuses in ‘good times’ and less (or no) bonuses in ‘bad times’. By having bonus plan budget adjusted according to financial results, the company’s labor cost is automatically reduced when the company isn’t doing so well, while good company performance drives higher bonuses to employees. . Drive employee performance – the basic idea is that if an employee knows that his/her bonus depend on the occurrence of a specific event (or paid according to performance, or if a certain goal is achieved), then the employee will do whatever he/she can to secure this event (or improve their performance, or achieve the desired goal). In other words, the bonus is creating an incentive to improve business performance (as defined through the bonus plan). 3. Employee retention – retention is not a primary objective of bonus plans, yet bonuses are thought to bring value with employee retention as well, for three reasons: a) a well designed bonus plan is paying more money to better performers; a competitor offering a competing job-offer to these top performers is likely to face a higher hurdle, given that these employees are already paid higher due to the bonus plan. b) if the bonus is paid annually, employee is less inclined to leave the company before bonus payout; often the reason for leaving (e. g. dispute with the manager, competing job offer) ‘goes away’ by the time the bonus is paid. he bonus plan ‘buy’ more time for the company to retain the employee. c) employees paid more are more satisfied with their job (all other things being equal) thus less inclined to leave their employer. The concept saying bonus plans can improve employee performance is based on the work of Frederic Skinner, perhaps the mo st influential psychologist of the 20th century. Using the concept of Operant Conditioning, Skinner claimed that an organism (animal, human being) is shaping his/her voluntary behavior based on its extrinsic environmental consequences – i. . reinforcement or punishment. This concept captured the heart of many, and indeed most bonus plans nowadays are designed according to it, yet since the late 1940s a growing body of empirical evidence suggested that these if-then rewards do not work in a variety of settings common to the modern workplace. Research even suggested that these type of bonus plans have the potential of damaging employee performance. Retrieved from â€Å"http://en. wikipedia. org/w/index. php? title=Compensation_and_benefitsoldid=478107814† View page ratings Rate this page Rate this page Page ratings What’s this? Current average ratings. Trustworthy Objective Complete Well-written I am highly knowledgeable about this topic (optional) I have a relevant college/university degree It is part of my profession It is a deep personal passion The source of my knowledge is not listed here I would like to help improve Wikipedia, send me an e-mail (optional) We will send you a confirmation e-mail. We will not share your e-mail address with outside parties as per our feedback privacy statement. Submit ratings Saved successfully Your ratings have not been submitted yet Your ratings have expired Please reevaluate this page and submit new ratings. An error has occurred. Please try again later. Thanks! Your ratings have been saved. Please take a moment to complete a short survey. Start surveyMaybe later Thanks! Your ratings have been saved. Do you want to create an account? An account will help you track your edits, get involved in discussions, and be a part of the community. Create an accountorLog inMaybe later Thanks! Your ratings have been saved. Did you know that you can edit this page? Edit this pageMaybe later Categories: * Human resource management * Employment compensation Personal tools * Log in / create account Namespaces * Article * Talk Variants Views * Read * Edit * View history Actions Search ————————————————- Top of Form Bottom of Form Navigation * Main page * Contents * Featured content * Current events * Random article * Donate to Wikipedia Interaction * Help * About Wikipedia * Community portal * Recent changes * Contact Wikipedia Toolbox What links here * Related changes * Upload file * Special pages * Permanent link * Cite this page * Rate this page Print/export * Create a book * Download as PDF * Printable version * This page was last modified on 21 February 2012 at 18:25. * Text is available under the Creative Commons Attribution-ShareAlike License; additional terms may apply. See Terms of use for details. 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