Tesco Research Paper Essay Example | Topics and Well Written Essays - 2000 words

Tesco Research Paper - Essay Example The report below therefore investigates the manifestation of the organizational culture, structure and the motivational factors that the management employs in enhancing the profitability of the company. In doing this, the research compares the utilization of numerous theories that explain the implementation of such factors in a commercial organization thus enhancing the profitability of the company. Humans are among the most fundamental resources in an organization. This makes the management of humans important since they influence the profitability of the commercial organization. Systems theory of management views commercial organizations as systems with numerous components that must work seamlessly albeit independently in order for the organization to run as a unified whole. In most cases, the components are often in the form of departments. Tesco Corporation has numerous departments key among which are administration, production, marketing and human resource among many others. The various departments must work independently by making independent decisions. However, in making such decisions, the departments must consult each other in order to safeguard the profitability of the commercial organization. Organizational culture refers to the behavior of people within a company. Organizational culture is therefore an essential factor that influences the profitability of a commercial organization since an organization interacts with numerous people. As explained earlier, human resources are some of the most important people in an organization. Additionally, the customers and lawmakers among many other stakeholder are all humans who influence the profitability of a company. This underscores the need for an organization to develop effective structures to supervise the interaction among people within the organization. Tesco Corporation understands the need for effective management of behavior within the organization. Among the tools, the

Legal Environment for Global Organizations Essay

Legal Environment for Global Organizations - Essay Example Global organizations like WTO, IMF, World Bank, UN, and WHO which must not be treated as 'insignificant actors' in the global arena due mainly to the functions they are embodied with. An understanding of the link between global organizations and global governance would push one to see this importance. As the world turns into a globalized competitive market in which nations interact according to the principles of economic liberalism, a requirement for more order is ensued. The importance of understanding the legal environment for global organizations is seen in their roles as instrument, arena, and actor in the global interaction (Archer, 2001). An example of this is the WTO, which was established by sovereign states whose power limits independent action by international organizations. Global organizations are actually used as instruments in order for states to use their ends, particularly on the areas of trade liberalism which profits first world states primarily. They serve as means for the policies of individual governments as well as instruments for diplomacy among states. The United Nations is seen to function as an instrument of US diplomacy which undertakes policies according in the global sphere. It is the rule of unanimity which is apparently carried out by global organizations, in which certain states are able to influence other states over certain decisions. As arenas within which actions take place, global organizations provide meeting places in which member states can discuss certain matters diplomatically. The term itself - arena - signifies neutrality even for nations in disagreement. Hence, international organizations serve not only as mere forums for these activities, but also as a diplomatic reinforcement for their policies (Hoffman, 1970 in Archer, 2001: 74). Even the third world states are given their own venues for discussing international economic events, through the UN Conference on Trade and Development (UNCTAD) as well as the Group of 77 (G77) participated in by states in Southern continents of non-aligned countries (Archer, 2001). Legal environment is a necessity for global organizations since it gives them the venue and the power to govern the world politically and economically, surged by the very nations that represent them. The World Bank for example, is represented by first world nations particularly by the United States, whose legal policies govern the financial activities of poorer nations that have incurred financial debts with them. DISCUSS other legal influences which can affect business in a specified country. CONSIDER other cultural, religious, and political influences - how might these influence the business environment Legal influences which can affect business in a specified country include the policies on trade liberalization and non-tariffication which can affect the level of balance of trade and the domestic sales of goods. With a liberal importation allowed by the policies of WTO, which almost defeat the level of exports in a certain country, a probability of trade deficit is imminently seen, which may cause fiscal crisis for that particular country (Pereira, et al., 1993: 6). Non-tariffication of goods for importation, which is also embodied in the WTO, causes bankruptcy of the sale of domestic products, which have higher prices than the imported ones. In countries in which colonial mentality