SUPERMAX Corporation Berhad should be aware of their cultural differences in the workplace.Since there have a lot of different race in Malaysia and also most of the workers are from the different background so it can easily cause communication barrier happen between all the workers within the workplace. SUPERMAX should treat this issue seriously and handle it properly in order to avoid misunderstanding and tension between employees. It is vitally significant that there is a good relationship between all the employees and also the superior because it can affect the company’s productivity and efficiency. SUPERMAX should have cultural sensitivity in order to create a harmonious atmosphere in the workplace at the same time it can improve the performance of the company. SUPERMAX should know very well and keep an eye on their financial performance and situation all the time . Other than that, SUPERMAX should always ensure that their condition in a healthy status when operating each of their business functions. Therefore, it can enable the company to gain the profit because they can produce the output which is more than the input of the company. SUPERMAX also can know more clearly about their financial goal since they have a good set out a financial plan. In addition, SUPERMAX Corporation Berhad also needs to always review their product so that their performance can be improved (Melfi 2017). By doing so, the product of SUPERMAX will be able to meet the customer expectation for
The diversification lowered the overall risk of the firm and created an information network among the divisions, which was critical for the company to gain competitive advantage. The loyal customer base was another strength. The $60 billion assets that under the company’s management provided the company a positive brand image and made it easier for the company to attract new customers. Weakness:
They also make satisfactory environment inside the organization and provide satisfactory services to the customers. Suncor’s leaders make trustworthy relationship with their stakeholders by providing them immediate results of assurance that their economic, environmental and social performance will endure over time and they are also providing more than 30% annual shareholders return since 1992. (Suncor,
1. Which bank is Mike Mayo pushing to sell itself? Mike Mayo is pushing to a sale on Comerica Inc. 2. Do you think the bank would be able to better cut costs as part of a larger bank? Why or why not?
Case Analysis On March2,2017 Target Corporation has presented and economic development project which entails the expansion of its premises in order to have a super target center that will sell groceries. This project also entails that the city sells 4.3 acres from Cedarview park for $15.1 million dollars. The expansion will create 55 temporary construction jobs ,and 23 new permanent jobs. The comprehensive plan will be develop in 3 different analysis that will provide different points of view, and information in order to present and convince the city council of the inmediate apprroval of Target corporation business proposal.
Case # 6: 1.9 ZZZZ Best Company, Inc. 1. AS 5.14 AU 316.02-.04 Consideration of fraud in a financial statement. Auditors have responsibility to perform the audit and check the authenticity of the financial statements. Auditor should take into account the risk of fraud in a financial statement from management improper assertions.
The Importance of a Company’s Culture The culture of a company is one of the most important and sometimes overlooked factors in an organization. The culture can increase employee engagement and increase productivity which will allow a company to reach its goals, “From productivity and engagement in the organization’s day-to-day, to an employer brand that naturally fuels recruiting efforts, to creating a lasting brand that customers immediately recognize, there’s no escaping it – culture radiates outward into the marketplace” (Straz 2015). The culture can have a great impact on the employees. Employees thrive in a positive working environment and the ability to engage with their managers without fear of retaliation.
The Positive Results Corporation (The PRC) is a nonprofit organization, which was founded in 1992 by Los Angeles Police Officer, Tony Newsom. Working with the gang prevention and intervention Jeopardy Program, the PRC aimed to positively impact youth lives who were in danger of dropping-out of school and joining gangs through mentoring programs and education. A year later, the PRC was granted 501 (c) 3 status to further its commitment to the community. According to the PRC website, their vision is the
Wade 1 Control is any process that directs the activities of individuals toward the achievement of organizational goals (Bates). Sandwich Biltz is planning on expanding and has a situation at hand with the reporting of hours not work. I strongly suggest the four step of the control system should implemented in Sandwich Biltz Inc., before going forward. This control system has four critical steps namely; setting performance standard, measuring performance standard, comparing against the standard and determining deviation and taking action to correct problems and reinforce success. First step, Lei should set up a performance standard to achieve the organization goals.
Bob’s boat corporation’s current financial position based on its accumulated earnings and profits (E&P) of $3,000,000 and the belief that the current year will reflect profits of $800,000 before taxes justifies a cash or property dividend to the shareholders/employee’s. Bob is contemplating paying $10,000.00 to each of the twelve shareholders/employees or giving each a new boat that cost the company $10,000.00 but retails at $15,000.00. (which is considered a reasonable price by most consumers and deemed the fair market value (FMV)). However, the distributions will cause the receivers to possibly incur additional taxation such as net investment income tax and other hardships contingent on their personal tax bracket. Additionally, the corporation will need to pay tax on a possible distribution and recognize a gain on each of the twelve boats.
Which is the most important factor in generating repeat purchase for Seelans Superstore? The business I have chosen is Seelans Superstore, the current location of Seelans Superstore is 332-336 High Street North, Eastham, London, E12 6PH. The store sells products like rice and spices from India, Kerala, and Sri Lanka in an area which is predominantly Asian. As the business is located on the high street it is a convenient area for customers as it is alongside other stores and restaurants within Manor Park, being located near a train line also increases the convenience of the stores’ location, the store is located where there is no other superstore like Seelans that sells South Asian products reducing competition, however, Pound Land which is
Working with different cultures has a unique set of benefits and challenges. With the global workforce becoming more culturally diversified, learning acceptance is critical. The benefits to a multicultural work environment are a wide variation of perspectives, concepts, and strengths, leading to innovation and efficiency (Greenberg, 2009). In your facility, having local nationals present to assist in communicating with our Italian customers and vendors is invaluable. However, the challenges accompanying cultural diversity include frequent misunderstandings and communication breakdown due to inability to comprehend language and cultural behaviors.
BHP Billiton, a company headquartered in Melbourne, is one of the largest multinational mining company in the world. It operates a wide range of mining iron ore, processing the coal and nature gas production among different countries and its primary export target is China. BHP Billiton has a primary listing on both the Australian Securities Exchange and London Stock Exchange. In recent years, despite the lower demand for iron ore, the company maintains its main operating activities in mining areas. In addition, being as a giant in the mining industry.
Kraft Heinz Case Study Executive Summary Problem Statement The focal problem that Kraft Heinz Company (KHC) faces is the decrease in demand of packaged-foods, while trying to increase revenue. Analysis This analysis studies Kraft Heinz Company’s strategy, competitive position in the market, problems being faced, and the company’s financials.
The two big components of this management is cultural awareness and sensitivity training. Because we are living in a very diverse world where we differ in a wide range of backgrounds, race, culture, religion, sexual orientation, and many more, not everyone can get together. Moreover, a workplace is a place everyone needs to work together as a group, which is why cultural understanding is crucial. We all have our own culture of values and beliefs as well. We should “be curious, ask colleagues about their cultural background” (Heggertveit-Aoudia), understand them and accept that we come from different backgrounds.
Human brings composed of composed of diverse races, languages and cultures. These aspects of life give distinctive features to a particular group of people. When people holding different cultural and linguistic come into contact with each other, then, some interesting things take place and some difficulties also arise especially at the work place. The world of today is greatly changed when it was compared to times decades ago. The technological, economical, political and social changes have completely thrown off lifestyle and way of interaction with the world (Moran et al, 2014).