Exam (elaborations)
Need a boost? this document can cover that for you
- Course
- Institution
This assignment covers everything that you need to get that distinction grade.
[Show more]
Seller
Follow
enzplayz
Content preview
Name: Unit 6 – Exam - ReportDISCLAIMER: If you’re going to copy and paste my work, I suggest you get a
paraphrasing tool to re-word so that you don’t get caught with plagiarism
and also shift the paragraph so it doesn’t look identical to mine and also do
not share this specific work with another classmate. Since this one is an
exam, I suggest you do the exam the night before the actual exam, what I
mean is do it at home and save it to a USB drive and then bring the USB drive
to the exam the next day, just don’t get caught by the examiner. Good luck
(NAME) = Business Name
To: (NAME)
From: (YOUR NAME)
Date: 00/00/00
Subject: Management and Employee issues at (NAME)
Introduction
(NAME) operate in a highly competitive environment whereby recruitment has been very
difficult as there is a skills shortage for the manufacturers and developers and they are
located on an (LOCATION) outside one of the major cities in the UK which some employees
find difficult to get to. They have around (NUMBER OF EMPLOYEES) employees that are
currently working for them making the business known as (SIZE) sized business. The
ownerships are mainly by three people which are (CHARACTER) who is the (TYPE OF
OWNERSHIP), (CHARACTER) who is the (TYPE OF OWNERSHIP) and (CHARACTER) who is the
(TYPE OF OWNERSHIP). They operate as a private limited company.
This report contains the recommendations, key information and analysis on leadership and
management styles and the motivational theories which will allow (NAME) to take these
actions so that they can improve their current situation that they are currently facing within
their business. This will be done by carrying out an analysis of relevant data which is related
to the business throughout the last (PAST YEAR) and therefore the evidence which is related
to the main management styles and practices which have had an impact on (NAME) and
their performances.
Previously, the business has performed well with an increase in total revenue and the users,
this is by the gross profit and the profit for the year figure being identified in the (LAST
YEARS) between (YEAR) and (YEAR) as the business founded by (CHARACTER) and the
(OTHER CHARACTER), (CHARACTER) and (CHARACTER). The total revenue in the last 12
months from (YEAR) to (YEAR) of reaching (£?) in total revenue and more than
(CUSTOMERS) users each month. However, the net profit percentage and the net profit
figure have been (INCRAESING OR DECREASING) from (YEAR) to (YEAR). Due to the lack of
management, the location, shortages of staff members, taxes, wages, general expenses and
the outsourcing fees as this has led to the decrease in profits for (NAME). The owners of
, Name: Unit 6 – Exam - Report
(NAME) have not been able to replicate the recent success that they had during the period
of (YEAR) to (YEAR).
Main Issues at (NAME)
Finance
The financial information that has been provided for the business shows that overall, the
growing trend in the total revenue that is generated by the advertising and sponsorship has
had a drop-in rate of increased revenue.
The reason why there has been a drop-in rate of the increase in revenue is because of the
manufacturers not prioritising the urgent fix-up which has led to cause major problems for
the (POPULARITY) of users (LOCAL/CITY/GLOBALLY) and therefore resulted in a huge loss of
major advertising contracts as they do not trust in how the business operate anymore.
Making this mistake has led to the slower rate of increase in revenue between (YEAR) and
(YEAR) compared to (YEAR) and (YEAR). The reason why the manufacturers didn’t prioritise
the urgent fix-up issue is because of (CHARACTER’s) laid back management style. The reason
why is because of this laid-back management style this has led to the software engineers
taking advantage of the manager being less strict and not carrying out their job role
correctly making them lazy and less motivated.
After what the manufacturers have done, there should be some disciplinary action towards
the manufacturers so that they will make sure that they perform to the standard that is
expected from them. Another way to prevent this is by changing the management style
from what it currently is which is (MANUFACTURERS OWNERSHIP). This management style
allows things to take their own course without any interruption and they give employees
the opportunity to take the responsibility rather than focus on motivating and providing any
directions which has led to the manufacturers not being able to prioritise the fix-up.
The management style that could be used is an autocratic style. The reason why this
management style should be used is because you will have total authority and the control
over decision making, this also means that you are able to control the employees and
monitor them and this will lead to manufacturers completing their job correctly. The way
this management style will help (NAME) in terms of managing the employees is that you are
able to monitor what the manufacturers are doing along with controlling by ensuring that
they are able to do their job correctly.
Another management style that could be used is a paternalistic style. The reason why this
management style can also be used is because the leader acts like a father figure and takes
care of their employees needs and they expect the employees to trust them and to follow
their instructions, it’s very similar to like a family treatment by using this management style.
The way this management style will help (NAME) in terms of managing the employees is
that you are able to engage with the employees and having a strong bond with them, this
will lead to them being satisfied and therefore carry out their job role correctly. This will
help (NAME) (INCREASE OR DECREASE) their net profit % or profitability if the
manufacturers are not to be complacent and is able to carry out the task correctly.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller enzplayz. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.60. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now