BCO 111 Miami University Foundations of Business Management Research Paper

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Business Finance

BCO 111

Miami University

BCO

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Attached is the assignment brief. To be completed in 24 hours. 1250-1500 words, harvard style referencing.

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BCO111 Foundation Business Management Summative assignment brief & rubrics Task Using the organization below, prepare a written report that includes the following information: 1. Explain in detail how external factors affect the company’s structure. (25%) 2. Explain in detail HRM could support managers activities via an operational, a tactical and a strategic perspective in the company. (25%) 3. Explain in detail which leadership style is appropriate in the company to improve productivity and motivation levels with an organization. Contrast with other leadership styles (25%) 4. Explain in detail the role of team culture in the development of corporate social responsibility policies for your company. (25%) Companies to choose from: Arkadium, Filtrine Manufacturing, Great Lakes Brewing Company, Inspira Marketing, WikiHow Word count guide approx. 1500 words. The task must be submitted via Turnitin on Moodle. Assignment launch: Week 5 Assignment deadline: Week 8 This task is worth 60% of your overall grade for this subject. Learning Outcomes The management concepts in the rubric below refer to the following Learning Outcomes:  Understand the interdependence between the Organization, its environment and the choice of organizational structures.  Describe the importance of HRM and its consequences for an organization’s performance.  Determine the impact of leadership styles on an organization effectiveness and efficiency.  Illustrate the importance of Organizational culture, team management, motivation and leadership. Rubric Excellent 90-100% Good 80-89% Fair 70-79% Marginal fail 60-69% Fail
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FOUNDATIONS OF BUSINESS MANAGEMENT

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Foundations of Business Management
Business management is defined as the regulation of activities that are related to daily
operations in an organization. Majority of managerial activities are connected to proper planning,
ability to control all the resources, leading and supervising, as well as use of effective
communication strategies. Organizations that have employed appropriate business management
are in a position to device and utilize new ideas at any given time. Great Lakes Brewing
Company is an example of organizations that have a leadership style, which supports growth and
productivity. The human resource department at Great Lakes Brewing Company has a team
culture that embraces strategic tactics and effective leadership styles to deal with eternal forces
that affect the organizational structure.
Great Lakes Brewing Company is located in Cleveland, Ohio. The company is a brewery,
which also operates brewpub. Daniel and Patrick established the company in 1988 near the West
side market. Notably, the company emerged as the first to operate a microbrewery and a
brewpub in Cleveland. The business ranks 28th among the largest breweries in the United Sates.
In terms of volume, Great Lakes Brewing is among the top 20 organizations (Great Lakes
Brewing Company, 2020). Although the company’s production has been extended to the
adjacent premises, its main operations remain in its original location. Despite the remarkable
growth that has been realized over the years, some noteworthy external factors have had some
effects on the Great Lakes Brewing Company.
External factors affecting the company’s structure
Social aspects have altered business structure at Great Lake Brewing Company. For
example, there has been changes in tastes and preferences among different groups of customers.
The choice of tastes by customers has dictated the brewing procedures in the company. In

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addition, the organization has for decades been forced to source for new ingredients in a bid to
match the changing tastes and preferences of its customers. To meet the social needs of its
clien...


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