Organzational Structure A would have a better performance evaluation as each employee is in charge of another rather than the range in B.
Yash Multani
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Yash Multani
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Yash Multani
The banks started lending money to people they knew would not be able to pay it back.
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Yash Multani
The basic concept revolves around Google assuming that personal reviews from customers have a stronger effect than simple advertisements.
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Yash Multani
South Africa Car Workers End Strike After New Pay Agreement!
http://www.bbc.co.uk/news/business-24419570 A-month long strike has finally come to an end as a 10% increase this year and 8% increases for the next two years has finally been agreed upon by the National Union of Metalworkers in South Africa. The strike started like many others, in which a the workers felt they were being a terribly […]
Continue reading South Africa Car Workers End Strike After New Pay Agreement! -
Yash Multani
Tesla Shares Fall As Car Catches Fire!
http://www.bbc.co.uk/news/business-24377350
https://www.youtube.com/watch?v=q0kjI08n4fg
180,000 cars catch fire in the United states every year, therefore a single car to catch fire that injured no one should not cause much attention. However, this particular car happened to be a Tesla Model S. Tesla Motors is a car manufacturer built around electrical cars. The reason that this car model catching on fire caught the eye off so many due to the fact that its batteries might have been to blame, which is a danger for multiple cars.No one was injured during the crash and the cause of the fire is still unknown. However, the shares in Tesla took a 6.2% fall after this incident; the largest one day decline since July.
This type of event was expected by Tesla due to the nature of the lithium-ion batteries, this has always been a worry or issue that Tesla had to deal with. There is no certain sign of faulty batteries in any other Tesla cars, however they must be careful as another fire or another incident may cause an even larger decrease in share prices. This would harm many of the stakeholders and may lead to large recovery costs. Therefore, contingency planning is needed immediately and appropriately.
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Yash Multani
They will have stronger customer relationships as they can talk to them directly. Furthermore, they may have a better control on costs.
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Yash Multani
They would choose smaller planes to marginalize on economies of scale. Save on fuel costs and try and cut overall costs.
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Yash Multani
Apple Faces E-Book Restrictions
http://www.bbc.co.uk/news/business-23990485
An ethical decision is one that meets both legal requirements and shares ethical standards of the community. In this case, on both accounts Apple has acted unethically. Recently a US judge has restricted technology giants Apple for fixing prices of e-books which is also known as collusion. In most countries this is illegal and governments try to prevent and abolish this in order to protect consumers. This is because by colluding, the firms involved can come together to set the prices higher for the consumers to increase revenue earned. Furthermore, the consumers do not have many substitutes this cannot be negotiated and demand does not decrease thereby acting like a monopoly. In this case, an e-book that was typically priced at $9.99 on sites such as amazon rose to $12.99 or $14.99 (BBC).
We can say that this is an unethical decision as it affects the stakeholders of Apple and the other e-book retailers in a negative. The stakeholders that are negatively affected are the consumers as they have to pay a higher price for the same product that is not worth that much. However, this since there will be an increase in revenue due to the price increase, the shareholder and internal stakeholders will have benefits from this.
The consequences of this behaviour may lead to a decrease in customer loyalty as well as distrust that Apple does not have best interest in the consumers. These components can be very crucial in technological companies such as apple and may lead to consumers switching e-book retailers to such as Amazon.
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