Sunday, November 3, 2019
Business Management concepts Assignment Example | Topics and Well Written Essays - 500 words
Business Management concepts - Assignment Example This guarantees high returns for the corporate or organization because there is no manual work force required besides machines are much faster than a personââ¬â¢s memory. This technique reduces time spent during manufacturing process besides increasing output speed hence resulting to increased production. In this way, when the jobs are well scheduled their execution is at almost the same time besides being mapped to the processing unit after they are done. Moreover, some factors such as absenteeism alter productivity in case they are common besides if the company has a flat rate output of sixty-two computers in a day it simply means that it is not an effect of workers not being present. Besides, quality problems may not have much impact on production, as they are capable of making sixty-four repairs in a day. Cheating on size or content of some goods or products is among the common unethical business acts practiced by many corporates (Mandal, 2010). This refers to deception in advertisement whereby a product is made to appear much better or bigger that its exact quality size. By doing this, the corporate proofs not to be adhering to the ethical principle of being honesty (Ferrell, Fraedrich & Ferrell, 2010). Honesty entails maintaining morality in all actions and communications. This principle calls for the business owners not to deceive or else mislead their clients by either providing them with partial truths and overstatements among other vices about their goods or services. This is because upon realizing the clients may lose trust on the companyââ¬â¢s products, hence cease buying from them. As the CEO, I will ensure honesty is paramount by briefing my staffs who draft advertisements that they should be taking the actual pictures of the item intended to be advertised and include it s mass as well as dimensions. Through this act, my clients will have a clear picture of my products besides which will make them build some trust on the corporates products. Copying
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