There are many larger businesses such as McDonalds offer an entire breakfast menu which gives McDonalds the upper hand. Providing a breakfast menu at Chipotle would really be a very great opportunity to take. Another opportunity Chipotle could possibly take would be to really advertise how much healthier they are than other fast food businesses. Since Chipotle already uses organic and natural ingredients, they should go out and let everyone know which will really help them since now-a-days people are looking at the nutritional value a lot more. Threats: One of the threats that Chipotle faces is that organic and natural ingredients that they use are expensive to be using at all times when on a specific budget.
Merging two organizations will have an impact on the organizational structure, culture and compensation system. Due to the ongoing changes within the organizations many different tools will need to be implemented to control employee stress, along with keeping employees informed. In order to conclude that the mergers productivity an evaluation must occur. The pairing of Target and is acquired
Internal market factors refer to variables within the organization that affect the internal business environment and ultimately affect the functioning and success of the organization. The essential key success for companies is to control the internal and external factors of the market. The company has the potential to control internal factors that arise within the company. Commonly, company management, employee strength and financial stability are part of internal factors. The company 's organization, leadership, structure, Internet connection and system error are very important for a stable business environment.
CSR is important for the multinationals to perform in foreign countries because of the growing competition and other challenges that are faced by an organization; the management theory is used as a tool to encounter such challenges ( Ismail, 2009). Donaldson (1989, cited in Secchi, 2007 :359) CSR also acts upon the firms managerial decisions when there are problems such as clashes, protests and strikes, these lay down the moral values, above profit maximization. Managerial theories performance depends on stakeholders trust, co operation and acceptance. Garrige and Mele ( 2004) Detomasi( 2008) were all of a view that social power drives the social responsibility as the corporation is a corporate citizen, who has investment in the community. Davies (1960) stated that CSR is a political power and therefore must be used responsibly as a business is social institution; its power comes from both within and outside.
Relocation of manufacturing and outsourcing continues to be a contentious issue as companies seeks to maintain profit margins and reduce costs as well as receive incentives to locate production in specific areas. There is also pressure for companies to show social responsibility. 2.2.2
In the ever changing business environment, there are both internal and external influences which affect the operations and management of a business. It is up to the business on how they deal with the effects of each influence and this will ultimately determine the success of the company. The internal influences are factors which the business has direct control over, one of these being the location. The location refers to the geographical situation of the business and has a high level of impact over how the business will function. It can become a make or break factor, depending on how well the business utilises and addresses the visibility, cost and their proximity to suppliers, customers and to support services.
Organizational culture is a system of shared assumptions, values, and beliefs, which governs how people behave in organizations. These shared values have a strong influence on the people in the organization and dictate how they dress, act, and perform their jobs. Cultures are dynamic. They shift, incrementally and constantly, in response to external and internal changes. So, trying to assess organizational culture is complicated by the reality that you are trying to hit a moving target.
----------- Cultural Environment ----------- Work Force Culture and Attitude ----------- Competitors Policies and Programmes. Whatever may be the speed of change or the extent of change one thing is sure and that it will have some kind of impact on the organization of business. The change process may influence some or all the variables of the organization wither gradually or drastically and therefore it has the capacity to change the organizational structure and organizational relationships. The most important aspect here is that whenever there is a change it brings with it a lot of challenges before the organization and therefore managing the change is a difficult task and facing change successfully is even a more difficult task before the Manager of today, as today the process of change have not only become common but the change is at a very fast pace. To Mange the different Challenges of Change Process an Organization must have a Good Strategy consisting of the following components:- • To face the change and its different challenges posed before the management, organization and the management must have a good plan.
But today, globalisation has changed the work environment, the way we work and has increased the cultural differences. Today’s leaders must work with a diverse workforce and also ensure good relationships with clients, suppliers and colleagues from around the world. The leaders must be aware that the culture varies from person to person. In order to understand the cultural differences that exists among the teams or employees in an organisation, the leader may have study the group on the basis of the certain parameters such as a. Communication- whether the culture the individual belongs to is low context or high context b. Evaluation – whether the individual is open to direct negative feedback or
How Should You Prioritize Your Stakeholders Working in a global organization gives us the opportunity to interact with various sorts and varieties of stakeholders, the actions we take and the projects we run will affect more and more people. The people we affect are those who can contribute to our overall growth or fail the projects. If we can prioritize correctly, they can provide industry insight, highest commitment or even powerful outcome that can help our organization achieve the goals. To clarify, a stakeholder is any individual or group of people who will be impacted by changes resulting from the business initiative, and can influence the success of the business initiative. An organization has a variety of key groups, different group will bring different expectations due to their relationship with the organization.