ACCT2188 – SMALL BUSINESS AND THE ACCOUNTANT SEMESTER 1 - 2011 Lecturer: Hanh Nguyen Group members: Nguyen Thi Thanh Tra – s3274925 Duong Thi Chuong Dung – s3275045 Tran Y Nhi – s3275061 Table of contents Executive summary 3 Introduction 4 Literature review 4 Methodology 11 Findings 12 Quoc Bao Restaurant 12 Tan Thanh Plastic Company 14 Comparison with the theory 16 Conclusion 19 References 20 I. EXECUTIVE SUMMARY: The project report will discuss
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Internal Planning Factors Planning Factors These are the factors that relate to what is already happening inside the business. This includes how the organisation is changing to cope with new methods of working or new demands made on it‚ such as the introduction of technology or new products or services. It is also a way of considering the new skills that will be needed in the future and those that the existing staffs already have. The gap between the skills already present and those that are needed
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Group 1 Blake Davis Imanee Azmi Paul Csizmadia Raquel Smiddy Integrated Business Policy and Strategy Dr. Acar McDonald’s Case 04/28/215 2 DECISION DILEMMA Problematic Situation McDonald’s is undoubtedly one of the most successful companies in the world. Even with its impressive growth and successes‚ McDonald’s has still failed to avoid a few issues on its road to success. Even with the incorporation of healthier food options to McDonald’s new menu‚ this fastfood resta
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Human resources department is a part of business that deals with its staff. The department is seen as part of strategic management‚ in the effort to achieve the goals of the business‚ and is crucial to the business’s success. Some of the human resources department’s responsibilities include recruitment‚ retention‚ selection‚ job enlargement/enrichment‚ motivation and leadership‚ job role allocations‚ training‚ and payroll appraisals. The department’s decisions are influenced by‚ however‚ internal
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Introduction International Human Resource Management (IHRM) is a core aspect of HRM‚ essential for all international practitioners (CIPD‚ 2012). It is a vital concept for HR managers in multinational enterprises (MNEs). IHRM is about the world-wild management of Human resources (Brewster‚ 2002) IHRM refers to any HR professional who is working in an organisation which operates in more than one country (CIPD‚ 2012). According to Amstrong (2010‚ p.8) Internationalisation connotes an expansion
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. Organisational strategy relates to company missions‚ where the Strategic Human Resource Management (SHRM) works towards the organisational strategy by acknowledging all the internal and external factors tactically to achieve the organisational goal. There are various approaches to organisational strategy (internal and external) applied by organisations to produce an infrastructure which matches opportunities offered by the market‚ in order to ensure future success and benefits greater than other
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A strategy McDonald’s used and showed to be profitable was the introduction of local tastes to the menu. “Items such as the Maharaja Mac‚ which is a Big Mac made with chicken patties instead of beef. It also offers a McAloo Tikki‚ a burger made with a spicy breaded potato patty ‚ red onions‚ tomatoes and a "special vegetable sauce"”(Choi‚ 2014‚ para 5). Furthermore‚ all ingredients in the vegetarian products are completely vegetarian including the
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Competing on resources: Strategy in the 1990’s‚ Collis & Montgomery (1995) Harvard Business Review Managers complain that strategic planning is too slow to keep up with changes in global competition and technology. Resource Based View (RBV) combines the internal analysis and external analysis of the industry and the competitive environment. Therefore‚ RBV builds on‚ but does not replace‚ the two approaches to strategy. RBV sees companies as very different collections of physical and intangible
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DEVELOPING GLOBAL HUMAN RESOURCE STRATEGIES Hans-Erich Mueller∗ FHW-Berlin School of Economics Discussion paper for European International Business Academy 27th Annual Meeting‚ 13-15 December 2001 in Paris Abstract. A few years ago it was typical to give one’s subsidiaries a free rein and send managers overseas from headquarters only. But today a great deal depends on overcoming this one-way street and in looking
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It took the smart approach and researched the taste and need in each country before entering the market. McDonalds is one of the biggest fast food chains around the globe. It has located itself in 119 countries over the past 50 years since it has been established. Even though fast food is eaten mostly in western cultures‚ McDonalds has positioned itself in every single continent‚ integrating into different countries culture. This company has successfully marketed themselves globally‚ and is a good
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