FINAL EXAM#06044100 PENN FOSTER STUDENT ID# 21877046 What’s required to implement an organization commitment to social responsibility? What are the main obstacles to implementing socially responsible policies? Name specific actions that can be taken toward increased social responsibility. In order to implement an organizations commitment to social responsibility it is necessary to identify values held by society, how the organization intends to address, and then develop training programs and policies on what the organization plans to do to successfully fulfill its obligation. Also, clarifying how the policies relate to the organizations strategies, individual functions and goals. The main obstacles an …show more content…
An example of product departmentalization would be a large multiproduct organization like a pharmaceutical distributor. Geographic departmentalization is when organizations are physically isolated to geographical regions. An example of geographical departmentalization is a manufacturing company that has locations in Eastern and Western locations that deal with consumers within their region. FINAL EXAM#06044100 PENN FOSTER STUDENT ID# 21877046 Consumer departmentalization is based on division by customers served. A common example is an organization that has one department to handle retail customers and one department to handle wholesale or industrial customers. What does the acronym SWOT stand for? Describe SWOT analysis and explain it’s purpose? SWOT stands for Strength, Weaknesses, Opportunities and Threats. Internal analysis are conducted so it can identify an organizations strengths and weakness. Threats and opportunities are identified by assessing the external environment. Either in its broad or competitive environment. The most essential result of a SWOT analysis is the ability to draw conclusions about the organizations situation and need for strategic action. Briefly summarize Simon’s principle of bounded rationality as it applies to satisficing. Simon’s theory is about the way people actually reason in decision making selecting the first solution that is “good
He is in charge of four departments, each headed up by a senior manager. These departments are distribution, trade marketing, market research, and sales. The sales department, which has 1400 employees, is further divided into urban sales and rural sales, and there are 13 rural sales managers reporting to the head of rural sales. Each sales representative serves a territory that usually consists of both licensed and non-licensed establishments. They supply retailers with product information and storefront displays. They also offer discounts and promotions, where appropriate, in an attempt to win limited retailer shelf space. A partial organization chart is shown in Exhibit A.
SWOT analysis can be used to describe and analyse a company’s internal capabilities in relation to its competitive environment. A strategy behind
“A SWOT Analysis is the most used tool for audit and analysis of the overall strategic position of the business and its environment. Its principal purpose is to identify the strategies that will create a firm-specific business model. The plan aligns the organization’s resources and capabilities to the requirements of the environment in which the firm operates. The analysis is to evaluate any potential and limitations and the probable/likely opportunities and threats from the external environment. The results provide the positive and negative factors inside and outside the firm that affect the success.” A SWOT analysis is conducted to determine the strengths, weaknesses, opportunities, and potential threats to the organization. ("SWOT
In SWOT analysis Strength and Weaknesses are depends on Internal factors and Opportunities and Threats Depends on External Factors of and Organization. SWOT analysis is useful in decision making about the organization going for any new or existing project.
An internal assessment analysis named SWOT, which stands for a company 's strengths, weaknesses, opportunities, and threats is conducted (Abraham, 2012). Strengths and weaknesses are the internal aspects of the normal SWOT analysis (Abraham, 2012). They include problems that need to be corrected, deficiencies recognized through a comparison with competitors, or deficiencies relative to recognized strategies such as lacking the resources to grow (Abraham, 2012). An opportunity is a product-market issue (Abraham, 2012). It must include a product or service that is actually offered, to include the existing ones, and a defined customer group at which that product or service is targeted, including the existing ones (Abraham, 2012). Threats are external trends that could have a negative effect on the company (Abraham, 2012).
Mintzberg (1981) discussed that divisional structured organisations ' top management often uses performance control systems over each divisions but leave the details to the division 's management. This system adds extra paper work and slows communications. Tasks are duplicated across divisions, increasing costs and efficiency. These problems also lead to increasing the span of control of the managers. Problems associated with a divisional organisation structure are typically:
There can be a sales director of the western region and a sales director of the southern region. In product departmentalization, jobs are grouped by the particular products and services they provide. In process departmentalization, jobs that do the same tasks are grouped together. For example, in a sewing plant departments would be separated into sewing, assembling, finishing, and inspection and shipping. In customer departmentalization departments are separated by particular customers' needs. The third design element is chain of command where there is an established understanding of who is the authority figure, who is responsible for what, and if there is a unity of command. The fourth design element is span of control, which is how many people managers can effectively and efficiently manage and control. There is wide span of control where managers have more people reporting to them; then there is narrow span of control where less people are reporting to managers. The fifth design element is centralization vs decentralization. In an organizational structure with centralized decision making, decisions are made at the top
The organization chart that will work for this will be the departmentalization of function. “Functional departmentalization groups together jobs involving the same or similar activities as it allows the organization to staff all important positions with functional experts and
SWOT analysis is an established instrument that helps to analyze company’s internal and external environment. This study analysis is based on internal strengths and weaknesses and external opportunities and threats. SWOT helps to identify priorities and create a common vision achieving the goals set.
By using this type of departmentalization, P&G have to hire many workers to take position in different areas. Geographical departmentalization also involves higher cost in operation and control due to the duplication of activities in different area divisions. These will increase the operation cost of the company, and influence profit of company. Besides, the relation between other organizational areas may not be very smooth because each organizational areas are only focus to each area. Employees may more focus on local organization’s goal and neglect the entire company’s mission and vision. All of these will affect the profitability and culture of
A SWOT Analysis is the technique used to identify and understand the strength and weaknesses of the organization as well as its external opportunities and threats (SWOT Analysis, n.d.). The HR department should use the following questions to help distinguish their organization from competitors.
The focus of the SWOT analysis is to identify the key internal and external factors that are important to achieving the objective. SWOT analysis groups key pieces of information into two main categories; internal factors and external factors. The internal factors are the strengths and weaknesses that are internal to the company while the external factors are the opportunities and threats that presented by the external environment. The internal factors are determined by their impact on the company’s objectives. What may represent strengths with respect to one objective may be weaknesses for another objective. The external factors may include technological change, legislation, cultural changes, and changes in the marketplace or competitive position (Wood, 2008).
The SWOT analysis considers factors from both the internal and external environment. By considering the strengths and weaknesses that lie internally, an organization can have a better perspective on what stands improvement and what the company should promote. By scanning the external environment, companies can position themselves in a way that is coordinated with the movements in the market and consumer preferences, among many other factors. Given the weakened economy, Wal-Mart has begun to develop internationally to continue their growth (Seeking Alpha, 2011).
According to, (Rowe & Britz, 2009), A SWOT analyses can be defined as an assessment of a business’s Strengths and weaknesses of a business, as well as the external opportunities presented, and threats. (Rowe & Britz, 2009) Stated that a SWOT analyses will help a business identify these and will show were the business can grow and become competitive in their business market place. By conducting a SWOT analyses you are able to formulate questions that a business would need to analyse in order to asses there opportunities and threats and how they can utilise them In order to be successful.
The overall evaluation of a business’s strengths, weaknesses, opportunity, and threats is called SWOT analysis. SWOT analysis consists of an analysis of the external and internal environments (Philip Kotler, 2006).