Management Looseleaf
8th Edition
ISBN: 9781259732652
Author: Angelo Kinicki, Brian K. Williams
Publisher: McGraw-Hill Education
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Chapter 15, Problem 3UTC
Summary Introduction
To determine:
The difference betweenformal and informal communication channels.
Introduction:
The delegation process where the information are communicated officially in an organization is known as formal communication. And the information shared outside the organization is the informal communication.
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Classy Furniture Limited is looking to expand its operations due to increased demand and a partnership with HNI Corporation. The company decided to stay at its current location and expand the existing facility instead of relocating. This decision was made after discussions highlighted the costs and potential disruptions associated with moving. The expansion plan includes adding production capacity, installing modern equipment, and improving the working environment with air - conditioning and a dust - free paint shop. The project is budgeted at a maximum of $ 20 million and is expected to be completed in 18 months. However, the project team is currently facing challenges in managing key areas such as quality, human resources, communications, procurements, and stakeholder engagement. Additionally, the changes may impact scope, cost, time, and risk management, requiring careful planning and execution to ensure the project's success. Suggest the changes that should be made to the project…
Classy Furniture Limited is looking to expand its operations due to increased demand and a partnership with HNI Corporation. The company decided to stay at its current location and expand the existing facility instead of relocating. This decision was made after discussions highlighted the costs and potential disruptions associated with moving. The expansion plan includes adding production capacity, installing modern equipment, and improving the working environment with air - conditioning and a dust - free paint shop. The project is budgeted at a maximum of $ 20 million and is expected to be completed in 18 months. However, the project team is currently facing challenges in managing key areas such as quality, human resources, communications, procurements, and stakeholder engagement. Additionally, the changes may impact scope, cost, time, and risk management, requiring careful planning and execution to ensure the project's success. Suggest the changes that should be made to the project…
d. Reflect on the impact of infrastructure on entrepreneurial ventures like Savannah Organics.
What improvements could help reduce barriers?
(3 marks)
e. How important was Thato's ability to innovate and adapt in overcoming environmental
challenges? Provide examples from the case to support your answer.
(3 marks)
Chapter 15 Solutions
Management Looseleaf
Ch. 15.4 - Prob. 1SA15.1Ch. 15.4 - Prob. 2SA15.1Ch. 15.4 - Prob. 3SA15.1Ch. 15.4 - Prob. 1SA15.2Ch. 15.4 - Prob. 2SA15.2Ch. 15.5 - Prob. 1SA15.3Ch. 15.5 - Prob. 2SA15.3Ch. 15.5 - Prob. 3SA15.3Ch. 15.5 - Prob. 4SA15.3Ch. 15.5 - Prob. 1SA15.4
Ch. 15.5 - Prob. 2SA15.4Ch. 15.5 - Prob. 3SA15.4Ch. 15.5 - Prob. 1SA15.5Ch. 15.5 - Prob. 2SA15.5Ch. 15 - Prob. 1UTCCh. 15 - Prob. 2UTCCh. 15 - Prob. 3UTCCh. 15 - Prob. 4UTCCh. 15 - Prob. 5UTCCh. 15 - Prob. 6UTCCh. 15 - Prob. 7UTCCh. 15 - Prob. 8UTCCh. 15 - Prob. 9UTCCh. 15 - Prob. 10UTCCh. 15 - Prob. 1MIACh. 15 - Prob. 2MIACh. 15 - Prob. 3MIACh. 15 - Prob. 4MIACh. 15 - Prob. 5MIACh. 15 - Prob. 1LEC
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- accreditation. Thato had to work with international bodies, adding complexity and expense to her operations. Despite these challenges, Thato capitalized on the strengths of the entrepreneurial environment. She formed partnerships with local agricultural cooperatives and NGOs, enabling her to access shared resources, knowledge, and training programs. She also collaborated with the government to participate in a public-private initiative promoting sustainable farming, which provided her with a modest grant. Thato leveraged digital platforms to connect directly with customers, eliminating intermediaries and offering competitive pricing. Her ability to innovate and adapt proved critical in sustaining her business, even during economic disruptions caused by the COVID-19 pandemic. By the end of 2023, Savannah Organics had expanded its operations to 15 hectares, supplying produce to supermarkets across the country and partnering with health-focused restaurants. Thato's journey highlights both…arrow_forwardA sharing economy can be described as an economic model in which goods and resources are shared by individuals and groups in a collaborative way such that physical assets become services. The sharing economy enables people and organisations to earn profits from underutilised resources. Discuss using relevant example and referencing the impact of sharing economy. (20 marks)arrow_forwardThere are a number of phases relevant used by most start ups other than those who follow the lean start-up approach. Under normal circumstances, entrepreneurs prefer to blend together the set-up, start-up and growth phases to release and continually revise products and services prototypes in response to customer feedback. Critically discuss in length using relevant examples and referencing what entrepreneurs need to consider during: a. The set-up phase of their business development. b. The growth phase of their business development. (10 marks) (10 marks)arrow_forward
- Please answer question 3. Provide in-text citations and references within 2019-2025. the company is a solar companyarrow_forwardaccreditation. Thato had to work with international bodies, adding complexity and expense to her operations. Despite these challenges, Thato capitalized on the strengths of the entrepreneurial environment. She formed partnerships with local agricultural cooperatives and NGOs, enabling her to access shared resources, knowledge, and training programs. She also collaborated with the government to participate in a public-private initiative promoting sustainable farming, which provided her with a modest grant. Thato leveraged digital platforms to connect directly with customers, eliminating intermediaries and offering competitive pricing. Her ability to innovate and adapt proved critical in sustaining her business, even during economic disruptions caused by the COVID-19 pandemic. By the end of 2023, Savannah Organics had expanded its operations to 15 hectares, supplying produce to supermarkets across the country and partnering with health-focused restaurants. Thato's journey highlights both…arrow_forwardCase Study: Savannah Organics In the fast-developing economy of Botswana, a young entrepreneur, Thato Dlamini, decided to venture into organic agriculture. Inspired by the growing global demand for organic produce, Thato founded Savannah Organics in 2019, aiming to supply pesticide-free fruits and vegetables to urban markets. The company started with a modest 5-hectare plot on the outskirts of Gaborone. Despite its potential, Savannah Organics faced significant challenges linked to the entrepreneurial environment. Access to funding was one of the primary obstacles. Thato struggled to secure a bank loan, as the financial institutions required collateral far beyond her means. Her attempt to raise funds through grants was equally difficult, with bureaucracy and lack of clear guidance delaying her applications. Another challenge was the lack of supportive infrastructure. Irrigation systems and farm equipment were either unavailable locally or prohibitively expensive, forcing Thato to…arrow_forward
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