Final Exam Case Study Example | Topics and Well Written Essays - 1000 words

Final Exam - Case Study Example refore, the proper focus on time can help him manage his business very well with regards to the sale of products and services (Turban, Volonino, Wood & Sipior, 2013). b) Growth: the business has been expanding and at times becoming hard for Ted to manage effectively. This is witnessed at the expressed desire by Ted to expand the bicycle repair work. He at one time had to close down the store due to overexpansion. Ensuring ted’s business growth without running into issues such as the overexpansion is significant and requires that Ted strategize his business not to over expand for proper management. c) Operational effectiveness:Ted has a lot to manage as currently he has to manage five stores. Ted has to manage everything from staff to ordering from his suppliers, and even works in one of the stores twice a week in order to save on costs. Therefore, if Ted can better manage his operations, it would help him in expanding his bicycle repairs and get his business to grow (Turban et al., 2013). a) Weather: Ted to has open his business when there is favorable weather to ride any bicycle. During the rainy periods, he has to close down and open during the weekends and during the sunny days he has to open because the weather is favorable. Ted needs information on weather because cycling is deeply affected by weather conditions. b) Advertisement: Ted needs to advertize his business well in order to boost his sales. This is a good strategy as it will enhance his competitiveness with other firms producing similar products and in turn win his clients. He should have information on the best advertisement channel that will reach his targeted market on time without any delays (Turban et al., 2013). The advertising agency should also suit his goods and be cost effective according to his ability. c) Sales: this is basically a vital information Ted has to be updated on. The quantity of sales he should make within a given period of time should be dependent on the demand and

Situational Analysis and Discussion Essay Example | Topics and Well Written Essays - 750 words

Situational Analysis and Discussion - Essay Example Firstly, with regards to the company culture that was evidenced, the shareholder could have expressed a greater degree of tact and appreciation for the means by which Mr Majid understood his role within the organization and carefully guarded over any and all sectors he had purview over (Meyer 1998). Although Mr Majid’s response to the new employee’s job function and tactics was overstated and outright narrow-minded, the fact of the matter was that Mr Majid was still a more senior shareholder at the firm and as such commanded a modicum of deference with regards to the means by which the new employee sought to present the changes he had been tasked with to him. Secondly, and perhaps just as important, the student could have utilized the data in a more effective manner. As a function of the study that was being undertaken and the level of valuable customer service data that was being gleaned by the student and his six employees, management could have been effectively brief ed with this information and possibly convinced of its overall importance with respect to increasing profitability within the firm. Instead, the shareholder became somewhat, reasonably, combative with regards to the way in which Mr Majid felt regarding the ongoing efforts in which the student was engaged. Instead, the situation rapidly escalated with Mr Masjid coming to the conclusion that the student was of little value in his current role and the student coming to the conclusion that Mr Masjid, although having worked at the firm for a number of years... Masjid, although having worked at the firm for a number of years understood little with regards to how proper management should be effected. Finally, the reader can come away with an understanding of how proper protocol was followed on the part of the student with relation to how he ultimately went to the Human Resources director as a means of seeking to mediate the ongoing dispute between himself and Mr. Masjid. Although it is tempting in many situations to escalate on one’s own terms, knowing when to turn aside and seek to expert counsel of a third party that can hope to mediate the crisis is an invaluable skill that usually takes people many years to develop. However, as the case proved, once the initial run-in with Mr. Masjid occurred, the student was quick to seek out the expert guidance and counsel of the Human Resources director in an effort to ameliorate the situation (Sharpe, 2012). Consulting Questions and Recommendations: In order to provide some useful prioritizati ons to the student with regards to what a good course of action could have been to pursue within the given situation which has been defined, it is the belief of this reviewer that such a level of recommended actions can be summed up in the following: providing metricized understandings of the scope and benefits of the project to Mr. Masjid and fellow management rather than coming to a disagreement over the value of the work performed, the shareholder could have integrated with Mr. Masjid in a more respectful manner, and/or the shareholder could have sought to make it apparent that he was operating on the express wishes of the manager that had gone on vacation. Although the situation may not have turned