Sunday, February 23, 2020

Human Communication 1 Essay Example | Topics and Well Written Essays - 1500 words

Human Communication 1 - Essay Example I will ask the panel of Japanese managers if our team has delivered objectives clearly and appropriately. If their response is well-received then the communication will be a success. Nonverbal communication involves those nonverbal stimuli in a communication setting that are generated by both the sender and his or her use of the environment and that have potential message value for the receiver   (Samovar et al, 2009).  Ã‚   In oral communication, these symbolic messages are transferred by means of intonation, tone of voice, vocally produced noises, body posture, body gestures, facial expressions or pauses (Besson et. al., 2005).   We do not always communicate the same way from day to day, since factors like context, individual personality, and mood interact with the variety of cultural influences we have internalized that influence our choices (Le Baron, 2008). Human beings use non-verbal means to persuade or to control others, to clarify or embellish things, to stress, complement, regulate and repeat verbal expressions. They can also be used to substitute verbal expression, as this is the case with several body gestures  (Besson et. al., 2005). Generations and generations of ancient tribes made do with non-verbal means of communication --animal-like guttural sounds, gestures, drawings -- to fulfill their requirements before they latched on to a language (Khan, 2001).   In Japan, when business cards are given, one should take time to look at it and treat it with respect. Unlike in the West where you can stuff it readily in your pocket, you need to first read what is written on the card and if a higher ranking person gave you the business card, you should hold it at a lower level. It is important that Western managers learn to know the importance of silence during business meeting. Unlike Westerners, Japanese people do not speak their minds at any point in time. Instead, they pause for few moments to rethink

Friday, February 7, 2020

Grand Met case, on horizontal integration Essay

Grand Met case, on horizontal integration - Essay Example So it is becoming more important for the business managers to redefine the strategies based on the situations in the market and direct the company to attain great success. GrandMet integrated horizontally and also diversified their business by merging with several companies that are either related or not related to the business. That was done in order to acquire the strategic resources that were important for the smooth operation of GrandMet. In this study the strategic choices of Max Joseph and his team would be analysed from the inception of GrandMet, so that the approaches applied for making the strategic decisions can be understood. Apart from this the reasons for choosing the strategies would also be evaluated and scrutinised so that the feasibility of the strategies can be discussed and decisions can be taken regarding the capabilities of Max Joseph and his decision making abilities. External Environment and Internal Strategic Capabilities In order to make strategic choices in the increasingly competitive environment, the firms have analysed the threats and opportunities according to the strategic management process. An analysis of the economic environment which includes the direction and the characteristics of the economy in which the firm is operating or competing has to be analysed. As far as the macro environmental aspects are concerned, GrandMet engaged themselves into the business of fast moving consumer durables (FMCG), which customers required everyday and the rate of repurchase in such cases are also high. So it can be said the choosing the FMCG market was due to the huge potential in this sector (Hitt, Ireland, and Hoskisson, 2012, p. 13-15). However, the fact remains that the FMCG market is dominated by few major players, who are considered to the best brands and they have also got well established distribution channels or supply chain, corporate system, are financially stable and have a sustainable position both economically and strategically. These features of the major players, such as Pepsi Co., or Bread Inc., in the FMCG industry were a major threat for GrandMet. Moreover, the FMCG market is extremely competitive and the customers have various choices, substitute products, and complementary products, which also gives the customers high bargaining power. This also leads to the increase in competitiveness and reduction of the profit margin of the companies or marketers. Customers are also afraid or reluctant to change or try out new products, which are an aspect of psychology or consumer behaviour, so it is also difficult to make the customers switch to a different brand. Only when the company can make sure, as to how the preferences or the taste of the customers’ changes and how it can be changed, the objective of offering new products or services would be successful (Bamford, and West, 2010, p. XVI). The market share of GrandMet was high and the sales figures of the company were higher among the global operati ons in the industry. In the year 1991, the sales of the company were around $14.771 billion, while the asset value was $17.648 billion. There were around 13.8 million employees in the company. On the basis of the sales report of 1991, GrandMet was in the 5th position among the British companies and 78th among the large corporations in the world. Apart from this, the CEO of the company Max Joseph