MGMT 670 week 8 Conference Essay Example | Topics and Well Written Essays - 500 words

MGMT 670 week 8 Conference - Essay Example My experience as a CEO, taught me to employ the participatory approach in problem solving. Involving other board members in decision-making and problem solving is essential for any company. Good ethics in business is essential, and decisions made should be ethical. Providing quality services to customers helps a company compete favorably in the market, as there is customer satisfaction. The environmental performance of a company is essential. This influences the society and the economy. According to Lewis & Little (2004), if a company fails to report on its environmental performance, it risks financial and managerial problems. The board of directors must be skilled enough to prevent and manage cases of unethical behavior in the company, as these influence the company negatively. Universal ethical principles must be adhered to and fostered in the company. A strong strategy will put the company on a competitive map. However, solid execution of strategy will sustain a company on the competitive map. When executing company strategy, considering employee opinions is paramount, as well as setting up a competent management board. Top performing employees must be motivated through best practices such as trainings, in order to retain them, and attract new ones. The company must also remain competent in the market by adjusting to suit the changing needs of customers. For successful strategy execution, a company may also consider structuring its work efforts. A well-informed decision should be made on what activities need outsourcing, and which ones can be performed internally. A company needs to also determine the degree of authority bestowed on its employees. When employees are empowered, depending on their degree of authority, the management must still be capable of exercising their control over them. The decision-making method of the company must as well be spelled out. It can be centralized or

Intermediate Macroeconomics Research Paper Example | Topics and Well Written Essays - 4250 words

Intermediate Macroeconomics - Research Paper Example The core theme of the project revolves round economic and monetary policies that are significantly influenced by the change in global oil prices. In this regard, it is observed that with change in global oil price, the import and export of the same gets highly influenced. The study leads to the comprehensive understanding regarding the development of the nation, hence, it makes interesting to the readers. However, in the essay a general introduction to the topic is provided at the initial phase of the study, which is followed by a study of the trend of oil price in the international market over the past few years. The variables that are prominently used for the purpose of the study are the leading producers and consumers of crude oil in the world. Moreover, an overview of the trend in the import and export of crude oil is also depicted in the study. In lieu of the determined objective, a critical quantitative analysis will be performed with regards to the impact of price change of cr ude oil on buying and selling economies in the international market, with due consideration to the statistical positions of Saudi Arabia, the US and Australia in terms of buying and selling crude oil. The quantitative analysis tools that are used in the study comprise correlation, mean and median. In this regard, the correlation among the oil price change over the years and the variable of the net export and import is considered. The time period for the same is considered from 2009 to 2013. Furthermore, these data are collected from some of the trusted sources like the Macro Trends, Infomine, Australian Bureau of Statistics, U. S. Department of Energy, and many more and hence, the result is highly reliable. It is expected that the approach taken would bring into a holistic assessment of the topic, with the comparison of data obtained about different countries. Ultimately, a conclusion will be