Abstract The paper is a literature review providing an overview and background of the resource-based view of businessmanagement theory. The paper refers to this as the RBV or resource-based theory model of businessmanagement and focuses on how an organization can utilize assets and resources within the organization to gain a competitive advantage in the global market. The paper concludes that the results of the preliminary research review suggest many organizations are interested in implementing and using RBV theory. However they must first take time to evaluate their resources and assess the cost-to-benefit ratio if RBV theory is translated into action and policy within the organization.
From the Paper "Arend (2006) outlines four basic "tenets" of RBV theory to assess whether empirical tests of the RBV are adequate to assume this theory is applicable to organizations as a whole. While ultimately Arend concludes there is not enough satisfactory empirical analysis providing data supporting RBV, there is much in the way of qualitative analysis supporting the use of RBV as a strategic management tool for growth and sustainability (Barney, 1991). The four tenets described by Arend (2006) suggest for RBV theory to be successful it must meet the following criteria. First, any test of the success or failure of RBV must "measure the benefit predicted by RBV theory" (p. 409). Barney (1991) suggests the "benefit arising from a resource-based philosophy" is that of a competitive advantage, one organizations can sustain if they maintain their resources, or adapt their resources to maintain competitive with other organizations ."
Tags: competitive, advantage, RBV, theory, resources, business, management, Theory
Abstract This paper explains the basic concepts behind the Scientific Principles of BusinessManagement. The author defines the terms, discusses its effects on the workers and productivity and relates the perceived worker motivations used in this model. The paper contrasts this model of management with some of the concepts behind the Behavioral or Human Resources concept of management.
From the Paper "Frederick Winslow Taylor created the Scientific Principles of Business Management. His idea was to redesign the workers' role in business by modeling it on the design of a machine. In Taylor's format for business organization, workers should mimic the machine parts, to be silent and operating without question. Workers were to be inexpensive and easily replaced or interchangeable as well (Wertheim, par. 6). He determined that there were four principles by which workers should operate: specialization, unity of command, span of control, and organization by purpose. This paper discusses his principles of scientific management, with a focus on how it affected workers and their productivity. The discussion includes the perception of how this form of management motivates workers in their job performance. Finally, it contrasts with the Behavioral Model of management."
Abstract This paper addresses three issues involved in businessmanagement: small v. large firms, democratic v. authoritarian decision-making, Japan v. U.S. cultural requirements for management. The paper argues that a management philosophy must be chosen which is in line with the structural needs of an organization, the personalities of the organizations, and the culture of the companies.
From the Paper "Among the factors influencing the success or failure of business enterprises in today's marketplace, there is none more important than management philosophy and application. The style and substance of a business manager's approach to getting the most from his or her employees impacts employee productivity, workplace environment, and even industry competitiveness. This paper will briefly consider three separate issues related to management."
Abstract This paper presents a look at the education of businessmanagers. The author focuses on the management of a sports bar and details the reasons the management team would do a better job if it were better educated in marketing, advertising, inventory control, and employee relations.
From the Paper ""The business world is a booming industry. We have seen many changes over the last few decades and the economic slow down of late is promising to bring more changes still. One of the most important elements of a business and its success failure is the management team that runs the establishment. The management can make or break a place just by the way its run. In a sports bar there are many things to consider when it comes to the practices of running it. Because it is a place that the public comes to spend time there are things that are unique to it. In addition it is a place where in general young people are hired to perform the tasks required to run the business. All of these things mean that the management team needs to be on top of things all of the time. The more educated the management team is individually the more efficiently the business is going to run and the more profitable the bottom line will be."
Tags: organizational, business, management, bar, advertising, training, human, resources
Abstract This article examines the research on leadership and subordinate resilience research that was enacted by Harland and other academic businessmanagement colleagues. The basis of the article's research and methodology tests the reactions to 150 college students on relation to leadership 'resilience' managerial theories within a subordinate testing hierarchy. This paper actively asks 150 students to define and respond to questions regarding subordinate resilience, centering the research on the ability of leaders to actively take part in leading people in the business world. The main question the researchers that the paper poses is: 'Does Laisse Faire (passive leadership) leadership work well in business environments?'
Abstract This paper is about the customary business, management and negotiation practices in Jamaica. It discusses the fundamental shift from a socialized to a market driven economy. The paper looks at the dependency of the Jamaican economy on services and the long term problems of the economy.
From the Paper "The reforms embraced measures that have been implemented in many other developing countries in the past two decades including removal of price controls, privatization of state assets and enterprises, liberalization of financial markets and international trade and reform of public administration..."
Abstract The paper delves into the idiosyncrasies of the business environment in Taiwan. The paper emphasizes the importance of cross-cultural awareness and competence as a critical component of establishing a foothold in the local Taiwanese business environment. In addition, the paper gives an overview of relevant businessmanagement trends throughout Taiwan's history and other management issues.
From the Paper "In any business endeavor, one must consider many variables, including those directly related to the business contemplated and indirectly related to the business. As straightforward as one may wish to proceed, especially when it comes to the international arena, the difference between making or breaking a deal may not even have to do with the nature of the business at all. One particular case in point involves the island country of Taiwan. Here (and in most other Asian countries), the awareness of business cultural practices, especially in the first meeting will go a longer way in establishing rapport than a well-executed, aggressive bargaining stance. Corollary to this, the concept of "S.I.R." or smooth interpersonal relationships, showing mutual respect fostering personal bonds over the course of time has more clout than a well-thought out legal contract."
Abstract The paper discusses the need for businessmanagement to address culture's impact on the economic environment. The paper details some basic cultural concerns that require further attention in international university management research, in order to improve the business operations of colleges and universities around the world. The paper considers the application of such concerns in the particular cases of China and Canada.
Outline:
Culture's Influence and BusinessManagement The Case of China and Canada
Conclusions
From the Paper "In an era of global economic development, with people and industries moving across national boundaries frequently, the need for business management to address the concerns of culture's impact on the economic environment are greater than ever. Culture's impacts on the political economy are felt everywhere. Recent examples include everything from Muslim protests in the Middle East (including sanctions against international businesses) over editorial cartoons published in Denmark, to political rhetoric (again coupled with sanctions) between the U.S. and North Korea over the development of nuclear weapons. On a smaller scale, business managers of multinational corporations must deal with their colleagues, competitors, and customers on a daily basis with everything from internet contact and telecommunication conferences to international travel for face-to-face meetings. It is critical that these economic agents understand their own culture and the culture of the countries they deal with, in order to effectively manage and influence people, build relationships, and grow economies."
Abstract This paper researches the impact that globalization has had upon international business organizational trends and the strategy of management found to be most effective for globalization. The paper also reviews the various related articles.
Outline:
Objective
Introduction
Globalization
Characteristics of the Global Corporation
Environmental Business Factors Identified Conklin (2003)
Sustainable Business Development (Rainey, 2007)
Sustainable BusinessManagement Outcomes
Summary and Conclusion
From the Paper "From the foregoing definitions, it is garnered that a global corporation holds a position in all markets of a significant nature and has an information system that is able to balance the global supply to the global demand. A global corporation is one that is not identified on the basis of the country of its origin. The global corporation is participative in all geographic markets, designs both local and global products and locates it value chain globally although selectively. The global corporation is one that has marketing programs both locally and globally. The global corporation's organizational structure, its management process, and as well the organization's people and culture enables the corporation in global integration and coordination achievement. The global corporation has the power to command resources of astronomical proportions worldwide while it designs and delivers products and services tailored to the consumer's specific needs. The global corporation brings to markets resources that are world-class although the markets might not be otherwise able to justify these resources. The following chart labeled Figure 1 lists the 'Taxonomy of International Organization Models and Related Characteristics and Capabilities'. "
Abstract This paper examines how the era of improving businessmanagement through the acquisition of new equipment or designing a new manufacturing process seems to be drawing to a close and how the global economy, which is increasingly based on knowledge and knowledge management (KM), is becoming more dependant on the way in which people can work together, rather than the way in which cogs in a machine interact. It explores how the digital, global economy has allowed businesses to diversify their approach to managing people and how the individual in the company has slowly become recognized as possessing just as much value, if not more, than the machinery or computer equipment with which he works.
From the Paper "According to Tony Morden, issues of effective management are being tied to international culture. Both elements, which can be unique expressions of an individual organization or culture, are understood to be affectively related to the commitment of the individual to their organization. Morden quotes research by Hofstede, Hampden-Turne and Trompenaars who are "contributors to the rapidly developing body of experience and knowledge about international culture and management" their work supports an understanding in which ?cultural interpretation and adaptation are a prerequisite to the comparative understanding of national and international management practice."
Abstract This paper interviews a businessmanager/owner of a restaurant, and links his managerial philosophy to Theory Y leadership and transformational leadership. The paper looks at the growth of the restaurant since its creation and its change from a strictly family run business to one that hires outside help. The paper examines his approach toward employee motivation.
From the Paper "The purpose of this report is to describe results of an interview undertaken to identify the managerial and leadership style and philosophy of a specific individual ..."
An outline of how bank management can manage change, streamline costs, integrate information systems, and improve performance relative to the entry of non-bank institutions such as Walmart, UPS, and ING.
1,575 words (approx. 6.3 pages), 6 sources, 2006, $ 62.95
Abstract This paper describes an integrated process of project management, operations management, and information management to plan and execute an online banking overhaul for a (fictional) Sun Valley Bank. Each type of businessmanagement is outlined step-by-step, and suggestions are made for how each ties into the other in order to improve company performance.
From the Paper "With the proliferation of today's consumer and business financial needs, coupled with available technology solutions, easing of regulatory constraints, and willingness of new players to enter the marketplace, banks face more competition than ever from financial product providers that traditionally were not significant players in the banking industry (Bitler, Robb, and Wolken, 2001, p. 184)."
Abstract The paper advances a proposal for an online service that actually does the research for busy professionals who simply cannot do the leg work themselves. The paper explains that in effect, this business is comprised of a network of individuals with at least advanced degrees in various disciplines who, working on a commission basis, provide detailed research notes, answer specific questions and/or write full reports on matters which demand answers.
From the Paper "Determining what the "businesses of the future" may be is a difficult task inasmuch as none of us can predict the future with absolute certainty. That being said, it seems evident that the future promises an economy based heavily upon the services sector as well as an economy that is overwhelmingly information-based and tertiary in composition. More than that, if present trends hold true, the average worker of a generation from now will be even more harried and more "put-upon" than he or she is at present."
Abstract This paper examines a variety of businessmanagement problems from Internet access benefits to strategic planning. It also discusses components of a mature business and a variety of solutions are offered.
From the Paper " When a business begins to mature its competitive position is enhanced. That is because it has successfully navigated the dangerous waters that plague most businesses at the start such as lack of sales technical and .."
Abstract This paper reviews journal literature dating from 2005 and later, noting that there is almost complete agreement that there are differences between men and women' management styles. The writer notes that the literature finds that women are regarded as bringing a more open and cooperative style to business leadership, which can enhance business operations. Thus the most successful businesses are those which integrate women and their skills into operations. The writer points out that professional literature on gender differences shows that disputes between men and women appear to be fading from the scene. While this is certainly not entirely the case, there is a comparative lack of serious, peer-reviewed articles dealing with gender conflicts in business. The writer maintains that this is partly a result of the many statutes that have been adopted in the United States and most western nations making discrimination illegal and giving civic remedies to those victimized by this discrimination.
Outline:
Abstract
References
From the Paper "A good deal of new research has been done in recent years concerning women and sales, because sales is perceived as an area in which people can advance rapidly. A good deal of the research in the sales setting has focused on gender based differences in approaches. Females, for example, tend to believe that other sales-people they encounter have a considerable degree of expertise, attributing to them a much higher degree of competence than their male colleagues do. Further, women overall place higher values on cooperative efforts and the fostering of harmonious relations. They also, as noted, tend to tend to use an integrated approach to information tasks. These traits, taken as a whole, allow women to perceive conflict between buyers and sellers as functional rather than dysfunctional. They tended to view these conflicts as exchanges of information, whereas men tended to view them as affective conflict, in which values were genuinely at stake."