Friday, February 14, 2020

Managing change at Cox's Container Company Case Study

Managing change at Cox's Container Company - Case Study Example The researcher states the general manager of the company (Erica Wilson) does not include her workmates in the survey. She found that the company lacks actual cost and operational controls. She recommends the company to employ financial and managerial specialists. In addition, when the new employees are employed to work on budgetary control, others do not support them. Abdul Aziz is one of the opposing workers of the organization. The above problems that are facing this group need to be analyzed. The analysis can be carried out in two ways. The first approach involves analyzing all the employees affecting the performance of the company. These employees include the senior managers, middle managers, and business expert such as accountant. Failure of an organization can be linked to the failure of the employees. In this company, the employees are unconcerned with each other. They do not cooperate, communicate, or consult each other. Harold Cox is the senior most executive in the Cox†™s Container Company. He is politically and financially involved with people’s affairs. His leading job is to develop strategic and long-term decisions of the company. This involves planning the long-term profitability of the company through increasing sales. In addition, he is responsible for delegating some powers to his juniors. For instance, he has assigned Erica Wilson to evaluate the actions of the company. Erica Wilson is the general manager of the company. She is responsible for making operational decisions of the company.

Saturday, February 1, 2020

Integrating business perspective Essay Example | Topics and Well Written Essays - 500 words

Integrating business perspective - Essay Example Hence, the investor looks into certain factors with a keen eye before investing into something. First and foremost, it is important to know complete detail about the business that is about to start up, its complete assessment and the analysis of the risk involved in the business. Analysis of risk factor is very important thing to know when considering to invest in a small startup business since this risk is what actually defines how much money you will earn or how much money you will lose in the future. But in certain cases the loss is worthwhile since the profit gained after a certain time period is far from the losses. For this purpose it is important to look into the idea that the party is selling and whether it has potential to grow or not and whether it will go down the drain. Generally speaking those who want to invest in such type of business should have an open mind and should know that investing in such type of business always involves the factor of risk and the elimination of this factor is hardly ever possible. To be sure of the idea that the students are selling, w e should see the product sample being shown to us and various other factors which are all linked to ache other. Another important factor to look upon when investing in such small scale business is time. Time is one of the most important factors of such type of businesses because such startups may require more than average time to get a return i.e., there should be no expectations of getting any money out of this business for three to five years. In such a case, the investor can put in his money in the form of loan which can be returned to the investor within a specific time period but there will be no profit earned in such case. The team involved in the business should also be evaluated since they are the people who are going to run the business and these people will be responsible on giving you your money back in the form of profit or in case of losses. If the team is