Page 168 of Consumer Behavior: Buying, Having, and Being identifies five types of perceived risks: monetary, functional, physical, social, and psychological. Think about a purchase that you or your family made in the last month or two. Identify one or more risks associated with that purchase and then analyze how you dealt with it. Did you identify or acknowledge it? Discuss it? Ignore it? Accept or reject it?Given this knowledge, how should a marketer approach you—as a consumer—regarding the purchase of this type of item? What would you do about perceived risk if you were the product manager for this item?

The effects of politics are prominent throughout all organizations. To address substantive improvement, an effective leader must develop a solid understanding regarding the effects of politics operating within the organization. Make use of the assigned readings for the course, as well as additional applicable scholarly sources, describe, in sufficient detail, supportive references that cite the perceptual role of politics within organizational functioning that involve the following: How decisions are made in the context of political forces from various employees, stakeholders, and interest groups, particularly when allocating scarce resources. How bargaining, negotiating, and collaboration are involved within the decision-making process. How the concepts of organizational power and conflict can be controlled among organizational employees, stakeholders, and interest groups. How organizational politics have affected an educational setting of interest (e.g., school or school district) and how you could minimize existing negative outcomes.

ScenarioYou are a Senior External Relations Executive for T. Edward Inc., a global textile company. The company manufactures natural and synthetic materials for a variety of products used by several large companies known worldwide. T. Edward Inc. has recently come under public scrutiny for a tragedy in one of their manufacturing plants located in Indonesia. The manufacturing facility collapsed on workers, trapping many and killing several employees. Officials report that the building collapsed under pressure from an unusually heavy rainy season in that area. However, the public is claiming poor working conditions at the manufacturing plant. With stakeholders and shareholders in conflict, the shareholders bring in a new CEO to help create a new brand image for T. Edward Inc. As a Senior External Relations Executive, the new CEO has asked you for input via a Presentation to the Board of Directors. You will need to review the areas of value chain management, leadership principles, financial decision-making, data-driven strategies, innovation, and entrepreneurship, as well as sustainability for a competitive edge as part of the Corporate Rebranding Project. InstructionsIn Microsoft PowerPoint, create a Presentation, including speaker notes, for the CEO and Board of Directors with your findings in the following areas:Provide an overview of the best practices that T. Edward Inc. can use to manage value chain processes for optimal organizational performance (Presentation includes a clear and comprehensive overview of the best practices T. Edward Inc. can use to manage value chain processes to optimize organizational performance.)Highlight some of the industry best practices regarding leadership principles that optimize personal and interpersonal employee engagement (Presentation includes clear and comprehensive highlights of industry best practices regarding leadership principles that optimize personal and interpersonal employee engagement.)Discuss the uses of strategic decision-making using financial data (Presentation includes a clear and comprehensive discussion of strategic decision-making using financial data.)Discuss the benefits of data-driven decision-making (Presentation includes a clear and comprehensive discussion of the benefits of data-driven decision-making.)Outline the role of innovation and entrepreneurship in an organization’s culture (Presentation includes a clear and comprehensive outline of the role innovation, and entrepreneurship have on organization’s culture.)Discuss the best practices of an organization’s use of strategies, tactics, and ethics on its competitive advantage and sustainability (Presentation includes a clear and comprehensive discussion of the best practices of an organization’s use of strategies, tactics, and ethics on its competitive advantage and sustainability.)Provide a recommendation of a go forward strategy for T. Edwards Inc.’s rebranding effort (Presentation includes a clear and comprehensive recommendation of a go forward strategy for T. Edwards Inc.’s rebranding effort.)Provide attribution for credible sources (Used and attributed credible sources.)NOTE - Be sure the documents display proper grammar, spelling, punctuation, and sentence structure.