Tuesday, February 25, 2020

Internal and External Factors Affecting Four Functions of Management Essay

Internal and External Factors Affecting Four Functions of Management - Essay Example However, an organization that does not reflect on these factors is likely to flop since the external and internal factors will have dire consequences on its performance. To begin with, technology is one factor that has significant effects on the performance of an organization. In the current developing and developed world, many organizations are embracing technology to perfect service and product delivery. Some organizations were formed long before technology was enhanced. However, these organizations are benchmarking other organizations that have incepted technology in its operations. For instance, IKEA was formed in 1943, when technology was not enhanced. However, the organization has been able to enhance its technology to continue giving savored services. Apparently, it is considered that organizations that embrace technology continue to give unparalleled services and products to its customers. This is one factor that has enabled IKEA to attract a large market niche for its products. With improvement in technology, the organization has been able to offer high quality products and services. However, the induction of enhanced technology comes with i ts challenges and setbacks. First, the organization has to settle on technologies that will offer quality services. The technology should offer maximum utility to substantiate the investment in the technology. Secondly, technology is a huge investment which needs massive resources. Therefore, the organization has to collect massive resources in ensuring it is improving in its performance. Lastly, technology requires apt decision making. The organization has to make sensitive decisions on acquiring the stated technology. The second factor that affects the four functions of management is globalization. Globalization is a factor that has improved the performance of many businesses across the globe. Organizations that embrace globalization are likely to reflect a better performance than other organizations that are operating in a defined location. Spreading to other geographical regions exposes the organization to vast markets which create a greater demand for products and services. For instance, IKEA has embraced globalization by opening stores in many places of the world. Initially, the organization recorded low profits and revenue due to its location. However, the management decided to increase its market share by opening other stores in other countries. This has proved a positive approach as the business continues to sprout (Caglar, Kesteloo and Kleiner, 2012). Though this is a big investment, it is also a source of large amounts of revenue. For instance, IKEA has opened large stores in Sweden, Croatia, China and Germany. Previously, the organization was specialized in offering services in Europe. However, with the influence of globalization, it started offering services and products in many parts of the world. Apparently, the biggest stores that the organization has initiated are not situated in the same geographical region. The largest stores in the organization’s name are in Stockholm, Shanghai, Shenyang, Tianjin and Berlin. This shows that the organization is recording a positive performance from the diversity of its market niche. The availability of many markets across the globe ensures the

Saturday, February 8, 2020

Outsourcing prisoners to other countries Essay Example | Topics and Well Written Essays - 2000 words

Outsourcing prisoners to other countries - Essay Example Outsourcing typically refers to contracting out a range of public services and/or responsibilities to other private organizations or entities in order to achieve different types of benefits such as correctional expenditures, reduce costs, reduce crime, improve law and order, and achieve other types of correctional measures. From the perspective of criminology, according to the National Council on Crime and Delinquency indicated that the practice of state and local correctional agencies contracting with private entities for medical, mental health, educational, food services, maintenance and administrative office security functions have shown significant rise; notably, the correctional agency maintains control over policy decisions and the quality of service provided by the private agency, using a monitor to maintain policy control and management of the private facility (Price, 2006). The most significant reasons for outsourcing parts of work or entire work to other units are reduced costs and increased profits along with improved efficiency in yield. Williamson’s (1975) analysis indicated that independent, competing service providers are potentially more economical and innovative than captive workers (cited in Mahoney, 2005; p.72). Besides these, work and services obtained from prisoners is said to be beneficial for taxpayers by reducing recidivism and promoting social duty to help criminals return to the society, with the use of cheap labor (Hollis, 2008). Overall, it can be concluded that outsourcing prisoners to other locations/countries cannot be equated with outsourcing of other services owing to the potential disastrous impact that outweighs its intended advantages.