Business Finance Homework Help

Directions:

Step 1:

Congratulations! You’ve been hired as a manager and have been asked to analyze the current status of your organization. Review at least 3 global companies on the Business Source Complete: SWOT Analyses list.

Select a company – either the company you work for, a company you have worked for in the past or 1 of the companies on the Business Source Complete: SWOT Analyses list – to use for the rest of the course (this will sometimes be referred to as “your organization”) and research its history.

Note: Some reports are more recent than others. It’s in your best interest to find an organization with a recent (within 2 years) report.

Step 2:

Review your organization’s SWOT analysis and other available sources to evaluate the strategic needs of the organization within a changing global environment

Complete the Organizational Analysis worksheet for your evaluation.- Already completed see attachment

Note: This type of information is often found in the organization’s annual report.

Reflection

Competency 2 Reflection: Align operational needs with business strategies.

This reflection activity is comprised of two sections indicating a word count for each prompt, collectively totaling a minimum of 500 words. Complete your reflections by responding to all prompts.

An organization’s business strategy includes leadership theories and practices, as well as organization structure. One of management’s responsibilities is to ensure their team’s work aligns to the organization’s business strategies.

Leadership Theories and Practices

• What leadership theories have you seen used in your own workplace?
• Which were most effective? Which were the least effective? Why?
• How did the execution of these theories align with your organization’s business strategies?

Organizational Structure

Think of a company or organization you’re familiar with, perhaps one you’ve worked for, or even a place of worship or school.

• What kind of organizational structure does the organization use?
• What other structures discussed in the chapter might allow the organization to operate more effectively? For example, would the move to a product team structure lead to greater efficiency or effectiveness? Why or why not?