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Managerial Controls and Managing in a Global EnvironmentManagerial Controls and Managing in a Global Environment
In our last unit, we explore the control function of management (the “C” in our model of planning, organizing, leading, controlling). In short, every successful organization implements controls. In addition, we will wrap up our course with the complex topic of managing in a global environment. Think of all the concepts we have touched upon – from organizational design and structure, culture and strategy to human resources, leadership, teamwork, and diversity. These items are becoming more relevant and difficult to manage due to the global nature of today’s business landscape.
Every organization is affected in some way by the global environment. In this unit, we will examine what managers need to know about managing globally. For example, leadership models found in the U. S. will have some relevance in other countries. Managers can display and exercise different managerial styles, and employees can also differ in their preferences for different leadership approaches across the globe. Welcome to our last week together and the world of global business!!
Objectives:
Explain what control means in a business setting.
Describe key characteristics of business globalization.
Explain global competition.
Activities:
Read, view, and engage with Readings and Resources.
Actively participate in the Unit Discussion.
Complete and submit the Unit 8 Knowledge Check.

Readings and ResourcesReadings and Resources
Find your weekly readings and resources in this folder.

Unit 8 DB: Managerial ControlsUnit 8 DB: Managerial Controls
First, think of an incident of business fraud or scandal in the news, or choose one that has been mentioned in your reading. Research the scandal, paying close attention to how it was possible for whatever went wrong to happen.
In your post, specify the scandal

 
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Texas A&M University and the Bonfire Tragedy

Do not copy and paste from sources, and please explain the answers in your own words.

How was this handled in the media?

  • Who said what to whom immediately after the crisis occurred? How did the organization respond later? Or did the organization keep silent?
  • Did the organization apologize? If so, did it seem sincere? If not, why not? Who was the spokesperson for this organization or was there more than one?
  • Did the organization hold any news conferences? Based on the list of media-do’s in Chapter 4, did the organization follow any of these suggestions?
  • Conversely, did the organization commit any media do-not’s? What specific tools did the organization use to communicate with the media and the public (ex: news conferences, press releases, blog posts, social media, etc.)
 
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The beginning of Crew Resource Management starts with mission planning and mission briefing. This is possibly the first time the crew has ever been together and will set the tone for the entire mission or trip. Some common mission planning threats are not enough time, inadequate or inaccurate information available, distractions, deficient technical/procedural competence, and operational pressures. Common mission planning deficiencies are not setting tone for team building/inviting participation, not speaking up or not asking questions when unsure, withholding information, inadequate mission risk assessment, inadequate mission briefing, and failure to understand assigned tasks. Out of those two lists identify 3-4 threats or deficiencies and why you feel it is important to Crew Resouce Management.
 
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What is a bargaining factor in Negotiation
This is a factor that will be reviewed by alternative dispute resolves at the contract negotiation
This is a factor that is only negotiated schema contract with all parties
This project factor is a bargaining factor in negotiation
This is a factor that must be negotiated to a mutual result for the satisfaction of both parties

Negotiators use active listening skills to satisfy what characteristic of beneficial negotiating .
Guaranteeing all parties positions are heard and understood
Going around in a circle to pick up all of the issues
Understanding when to back off and put down the gavel
leave it up to the courts to straighten out the issues

Which is true of the negotiation process?
Negotiations are dynamic they change according to circumstances and as new information becomes available
Determining goals is the first step in the negotiation process.
Negotiators should specify goals and objectives clearly
The goals set have direct and indirect effects on the negotiators strategy
All statements are true

 
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