Regents College London

The document focuses on two main topics related to business management: managing diversity and Rational Goal Theory. It first explores the importance of managing diversity in organizations, highlighting its role in enhancing creativity, innovation, and performance. The report discusses the need to address cultural differences, dismantle systems of discrimination, and promote inclusion to create a more equitable and productive work environment. It also examines the challenges faced by Sainsbury...

The essay' critically examines four key entrepreneurial traits: Risk-taking, Innovative Thinking, Resilience, and Adaptability, explaining their significance in entrepreneurial success. Risk-taking is analyzed using Prospect Theory and Effectuation Theory, highlighting Elon Musk's ventures. Innovative Thinking is explored through Schumpeter’s Theory of Creative Destruction, with Steve Jobs exemplifying disruptive innovation. Resilience is discussed using psychological resilience and dyna...

A1 P1 Explain the features of two contrasting businesses The businesses I will be comparing are Oxfam which is in the non-forprofit organisation and Tesco which is in the Private sector. The first business I will be looking at is Oxfam, this is an non-for-profit international organisation. The structure of Oxfam is flat this means it has few levels which makes it easier to communicate because of the twoway communication system. It has wide span of control this means that a single manager or...