Midterm Exam Essay

The Mid line Exam questions come from Modules 1-4. You should plan to take 2 hours to complete the exam. The exam is essay. Each answer is worth 20 points for a total of 100 points. Type your responses in this document and submit to the Dropbox by Sunday 1159 PM EST/EDT. (This Dropbox basket is linked to Turnitin.) To forecast how your responses go out be graded, review the Midterm and Final Exam razing Rubric in Doc Sharing.1. A re-organization will study that approximately employees are submitd severance packages while other reassigned. What inter mortalal motorcoachial roles real by Mintzberg will a manager confronted with this employ? Explain.The interpersonal managerial roles that will confront a manager are figurehead, leader and liaison. The manager will be confronted by the figurehead role beca recitation he is the person that is in charge, that is representing the organization in these stopping points. He will too be confronted by the liaison role beca work he wil l be interacting with his peers during and mayhap after these terminations are made. Lastly he will be confronted with the leader role because he is the leader of his employees and will be required to come across the information and ultimately make the decisions.2. A manager has decided to use the Hawthorne Studies to improve productivity in an posture. How would she accomplish this? Would the results be short- or semipermanent? Explain.Hawthorne studies dealt with group and individual behavior in the work. I think that a manager support accomplish more productivity in the workplace by making job satisfaction a priority. If several(prenominal) wholeness is satisfied in their job then they are more correspondingly to be productive. A manager tin potful make the job more conform to by making work ch everyenging and interesting. Simple stuff often(prenominal) as introducing the latest software for office tasks or having an employee challenge of who can make the most sales in a week and so on can all help. A manager can also provide a reward system for employees that do well at work. another(prenominal) thing a manager can do is create a supportive work environment for employees where they can ask for help or raise concerns without fear or prejudice. I think that all these factors will raise job satisfaction and as a result push down the turnover rate, absenteeism and create a more productive workplace. These results would be languish term because old employees would stay in the job pineer and new(a) employees would appreciate the work environment.3. Nobel Prize-winning economist Milton Friedman argued that, there is one and only one fond responsibility of businessuse its resources and engage in activities intentional to increase its profits so long as it stays at heart the rules of the game (Friedman, 1962, p. 133). Do you gybe with Friedman? Explain.I do not agree with Friedman. Friedman was campaigning for a capitalist society where capit alism was not misuse as long as it stays in spite of appearance the rules. For a long while this idea worked and was the the Statesn way. However this is the same idea that caused the pecuniary meltdown. The rules Friedman was referring to was an unregulated market were profit was the driving force, profit at all cost. Loans were made and taken with no common sense, ethics or regulations. office and accountability went out the window and the economy crashed. There has to be some ethics and social responsibility involved for businesses. Businesses based in America should hold in a social responsibility to create a grumpy(prenominal) amount of jobs and not only take proceeds of Chinas cheap labor to increase profit margins. Companies can profit from things like innovation, ideas, excellence not only unethical behavior. These rules need to be revise for our countrys future. A capitalist society that lacks rules, regulations, ethics and social responsibility has already been pr oven to have only short term success. We need to also think about the future.4. Please evaluate this scenario by detailing what the manager would do for to each one cadence in the decision-making process. i) twain employees are blaming each other for a project they collaborated on which failed. ii) The incisions last three hirers all quit within sextette months.The decision making process entails the identification of a problem, identification of decision criteria, allocation of free weights to criteria, development of ersatzs, analysis of alternatives, selection of an alternative, implementation of the alternative rating of decision effectiveness.i) The world-class step in problem 1 would require the manager to find out why the project failed then possibly he can identify who if anyone was at fault. The second step would be to figure out the criteria that are relevant to their decisions such as whether fair to middling research was done, was the planning done sorryly et c. The triad step would be to rate or put a weight to each factor found in step two as to their splendor in the final decision e.g. not enough research 5, poor planning 4. The fourth step is to list the alternatives that could succeed in solvent the problem, like 1st alternative termination, second alternative training course, third etc. The fifth step would be to take apart each alternative in step four weighing up the pros and cons of each authority alternative like would termination be a benefit or liability to the company. The sixth step is choosing the best alternative after they have each been evaluated. The seventh step in the implementation of each decision, this is where the decision would be conveyed to the two employees. The eighth and final step is an evaluation to bet whether if implementation of the decision took political machinee of the problem, e.g. would projects be successful in the future.ii) The first step would be to indentify why the workers all quit wit hin that particular time frame. The second step would be figure out a decision criteria, e.g. need for more staff, need a new office twist etc. The third step would be to allocate weight to each of the criterias in step two e.g. five be the highest and one be the lowest, need for more staff rated at 5 would have the better weight than a new office building rated at a three. The fourth step would be to list all the alternatives better work environment, incentives etc. The fifth step would be to analyze every alternative. The sixth step would be to choose the best alternative. blackguard seven would be the implementation of the alternative and step eight would be an evaluation of if the alternative fixed the problem.5. Competition with China has eviscerated many American industries, how can womens clothing companies get by? Car companies? Please use Michael Porter competitive advantage categories cost leadership strategy, note strategy, and turning point in your answer. Explain. I believe that American simple machine companies can compete by implementing all three competitive strategies. American motorcar companies can utilize a cost leadership strategy, a incompatibleiation strategy and also a steering strategy. I think that American companies can utilize the cost leadership strategy by reducing smasher expenses and translating some of those nest egg into the final price of the cars. Another portion of those savings can be used towards innovation or inventing something that gives American companies an advantage such as a more powerful engine, better use etc. One of the things that really shocked me during the financial collapse was how much the CEO and board members of these car companies were making. American car companies can also use a differentiation strategy to become competitive.American car companies can utilize every sub category under differentiation strategy such as innovation, better customer expediency at its dealerships, innovative des igns, technological capabilities etc. A differentiation strategy couple with a cost leadership strategy would make American car companies competitive. The last competitive strategy is a focus strategy. This is where these car companies focus on one segment. A segment can be a geographical location, customer character etc. I think a focus strategy can help these companies market their cars to specific demographics, different financial classes, different countries etc. With a differentiation implementation of possibly new innovation or technology and better customer service at their dealerships along with focus strategies then maybe American car companies can change the way that people perceive them and become more competitive in the car industry.I think that all American companies can utilize the three different competitive strategies. One of these strategies would sham more than another wagering on different factors such as the type of company, the sizing, location etc. Womens clothing can also benefit. To me it would depend on the size of the women clothing company. If it were something thats available only within the United States then I would focus less on a focus strategy as womens clothing is already center towards women. A cost leadership strategy can always be helpful to become competitive by reducing overheads etc. A differentiation strategy can also be implemented exactly again I think that this will depend on the size of the clothing company and its goals.