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Module 1 Artifact #1

s3772040 — 2024-07-12 20:47:10 UTC

Many organizations have top-down management levels to allow focus on different business aspects to reach goals.

Module 1 Artifact #2

s3772040 — 2024-07-12 20:58:13 UTC

It is necessary for top-level managers to have conceptual skill, which is the ability to analyze complex situations through reason.

Module 2 Artifact #1

s3772040 — 2024-07-12 20:59:53 UTC

Diversity in the workplace creates a positive influence by allowing creativity, enhancing organizational image, and improving business outreach and morale.

Module 2 Artifact #2

s3772040 — 2024-07-12 21:09:51 UTC

Ethics is essential in business organizations. It is how employees behave within the organization. The need of ethical behavior in business prevents harm and helps to achieve success.

Below is an interesting article regarding how business ethics has evolved and why it is more important than ever as corporations go global.

https://www.forbes.com/sites/forbesbusinesscouncil/2024/01/30/navigating-the-ethical-horizon-of-global-business/

Module 3 Artifact #1

s3772040 — 2024-07-12 22:10:32 UTC

While there are many advantages of taking a company global, there also factors to consider. These considerations include difference of culture, global economies, politics, policies, laws, and differences of the workforce.

Module 3 Artifact #2

s3772040 — 2024-07-12 22:26:45 UTC

Standardization - treats world as one market

Export - focuses on domestic operations

Multi-domestic - customizes products & processes to specific country

Transnational - combines standardization and multi-domestic strategy

Module 4 Artifact #1

s3772040 — 2024-07-12 22:35:03 UTC

Benchmarking is business strategy that allows for comparison to measure performance outside and within the organization. Business plans are essential in reaching organizational goals. The benchmarking tool looks at the factors of industry, geography, organization, processes, and innovation.

Module 4 Artifact #2

s3772040 — 2024-07-12 22:45:52 UTC

Cognitive bias is part of organizations. The types of biases include confirmation biases, framing biases, hindsight biases, anchoring, halo effect, overconfidence biases, status-quo biases, and pro-innovation biases. The image above demonstrates some common causes that leads to biases. It is important for managers to understand how biases can be made within organizations.

Module 5 Artifact #1

s3772040 — 2024-07-13 01:59:39 UTC

Functional structure helps organizations by placing employees in their functional roles by their area of expertise. This allows specialization of job roles. Companies are more productive when communication follows a top-down and bottom-up cycle. The CEO is at the head of the functional structure.

Module 5 Artifact #2

s3772040 — 2024-07-13 02:00:15 UTC

The behavior of the individuals who work for a company create the organizational culture. This culture is shaped the values, visions, beliefs, habits, and language they bring to the organization.

Module 6 Artifact #1

s3772040 — 2024-07-13 02:00:37 UTC

Click the link above to read an article as to why Human Resources is essential to business success.

Human Resources (HR) deals with many functions within the business. The functions of HR include training, development, compensation, safety and health, employee relations, and termination.

Module 6 Artifact #2

s3772040 — 2024-07-13 02:01:01 UTC

The benefits offered by organization are so important to employees. In many organizations employees can choose different benefits and even opt out.

These benefits include:

*Healthcare

*Paid Vacations

*Retirement

*Stock & Stock Options

Module 7 Artifact #1

s3772040 — 2024-07-13 02:01:19 UTC

Leadership is establishing a direction and influencing others to follow. There are many terms associated with leadership:

Influencing
Direction
Change
Vision
Innovating
Developing
Long-term
Originating
Creating
Inspiring
Motivating
People
Big Ideas

Module 7 Artifact #2

s3772040 — 2024-07-13 02:01:39 UTC

Management is successfully administering the complex details involved in a business's operations. Term associated with management include:

Planning
Organizing
Controlling
Stability
Administering
Maintaining
Implementing
Instructing
Resources
Budgeting
Scheduling
Details

Module 8 Artifact #1

s3772040 — 2024-07-13 02:02:01 UTC

Quality Control is about testing products for defects and report them to management, who will then decide how to respond to any issues.

Module 8 Artifact #2

s3772040 — 2024-07-13 02:02:18 UTC

Quality assurance deals with improving and stabilizing production to prevent defects, which makes it preventive and process-oriented.