Competitive Organization Essay -- Business

How does your organization compete? Walker et al. (2010) write, competitive strategies are based on overall patterns of purpose, practice, and performance. After reviewing the annual report and telephoner website, it appears that Limited Brands Inc. (LTD) does not only have one competitive strategy. Since the firm is divided into several distinct strategic business units (SBU) with differing core competencies and available resources, as well as disparate customer and competitive characteristics it engages different strategies to create value, promote growth and profitability (i.e. Victorias Secret and Bath & personify Works Walker et al., 2010). For instance, the Victorias Secret SBU appears to leverage a differentiated analyzer strategy by actively seeking to expand into cogitate return markets with differentiated offerings (Walker et al., 2010). Not only does Victorias Secret offer a differentiated line of lingerie, but it in addition has expanded its product offerings to in clude beauty, apparel, and accessories. These expansions are largely financed and supported by the SBUs core business (lingerie) and its profitable, strong brand reputation. In contrast, the Bath & Body Works SBU seems to employ a differentiated defender strategy (Walker et al., 2010). Its activities focus on constantly improving existing offerings by modifying products as well as processes. In addition, it also defends its market position through line extensions to help insulate and fortify the companys position from competition. In its annual report LTD notes we are crisply focusing on bringing compelling merchandise assortments, marketing and store experiences to our customers (LTD, 2011). This implies that LTDs overarching strategy is driv... ...ity. Resources Anderson, J.C., Narus, JA., & van Rossum, W. (2006). Customer value propositions in business markets. Harvard occupation Publishing. Retrieved from http//hbr.org/ Johnson, M.W., Christensen, C.M., & Kagermann, H. (2008) . Reinventing your business model. Harvard Business Publishing. Retrieved from http//hbr.org/Limited Brands Inc. (LTD). (2011). Proxy statement and annual report. Retrieved from https//materials.proxyvote.com/Approved/532716/20110328/CMBO_86861/HTML2/default.htm Porter, M.E. (1996). What is strategy? Harvard Business Review. Retrieved from http//hbr.org/ Treacy, M., & Wiersema, F. (1993). Customer intimacy and other value disciplines. Harvard Business Review. Retrieved from http//hbr.org/ Walker, O.C., & Mullins, J.W. (2010). merchandise strategy a decision focused approach (7th Ed.). New York, NY McGraw-Hill.

Business Ethics :: essays research papers

How to behave toward oneself and toward other individuals is a matter of making choices whether to be friendly or unfriendly whether to tell the impartiality or lie whether to be generous or greedy whether to vignette in order to pass an exam or to spend valuable study sentence watching television and cheat to pass it. These, and all other questions about how people act toward themselves and one a nonher atomic number 18 dealt with in a issue of study called moral philosophy. Another name for ethics is morality. Because both words suggest customary ways of behavior, they are somewhat misleading. It had to do with what should or should not be done. Divide practical wisdom into two parts moral philosophy and political philosophy. Theyre defined together as a confessedly reason state of capacity to act with figure to the things that are goodness or bad for man (Drucker, 1996). One statement of the problem is business organizations, as swell as members of society in general, a re plagued by the fact that there are liars, cheats, and thieves among us. Liars, cheats, and thieves are not new nor are they likely to disappear. masses volition do anything and go to whatever extent to get what they want. This is why theres a lack of ethics. Definition of terms The word ethics is derived from the Grecian ethos, meaning character, the pattern of behavior or personality found in an individual or group moral constitution, moral strength, self bailiwick and courage (Comptons Interactive Encyclopedia). The other is from the Latin mores, meaning custom (Comptons Interactive Encyclopedia). business concern Ethics refers to what is right or wrong, or good or bad, human behavior. The concept of business ethics is being able to look at your face in the mirror(Drucker, 1996). Ethics is a work out of choose and values that is accepted by society as being right and proper. Code of ethics is simply a compilation of the rules that are meant to shape the treat of membe rs of a particular organization or profession. Moral philosophy and political philosophy is true and reasoned state of capacity to act with regard to the things that are good or bad for man. In the daily scramble to get ahead, earn a profit, and outwit competitors, some people dont mold by the rules. Sometimes the culprits are respected and ordinarily well-behaved persons even though they are accused of a crime or offense.Business Ethics essays research papers How to behave toward oneself and toward other individuals is a matter of making choices whether to be friendly or unfriendly whether to tell the truth or lie whether to be generous or greedy whether to study in order to pass an exam or to spend valuable study time watching television and cheat to pass it. These, and all other questions about how people act toward themselves and one another are dealt with in a field of study called ethics. Another name for ethics is morality. Because both words suggest customary ways of beh avior, they are somewhat misleading. It had to do with what should or should not be done. Divide practical wisdom into two parts moral philosophy and political philosophy. Theyre defined together as a true reasoned state of capacity to act with regard to the things that are good or bad for man (Drucker, 1996). One statement of the problem is business organizations, as well as members of society in general, are plagued by the fact that there are liars, cheats, and thieves among us. Liars, cheats, and thieves are not new nor are they likely to disappear. People will do anything and go to whatever extent to get what they want. This is why theres a lack of ethics. Definition of terms The word ethics is derived from the Greek ethos, meaning character, the pattern of behavior or personality found in an individual or group moral constitution, moral strength, self discipline and fortitude (Comptons Interactive Encyclopedia). The other is from the Latin mores, meaning custom (Comptons Intera ctive Encyclopedia). Business Ethics refers to what is right or wrong, or good or bad, human behavior. The concept of business ethics is being able to look at your face in the mirror(Drucker, 1996). Ethics is a code of conduct and values that is accepted by society as being right and proper. Code of ethics is simply a compilation of the rules that are meant to govern the conduct of members of a particular organization or profession. Moral philosophy and political philosophy is true and reasoned state of capacity to act with regard to the things that are good or bad for man. In the daily scramble to get ahead, earn a profit, and outwit competitors, some people dont play by the rules. Sometimes the culprits are respected and ordinarily well-behaved persons even though they are accused of a crime or offense.

Ethical Issues in Social Work Essay example -- Papers

Ethical Issues in Social Work I forget provide practical help for new social workers to help them understand and deal with ethical issues and dilemmas which they will face. There be many ethical issues which are important to social work, but I feel that these are all covered by the care value base. The care value base Was devised by the care sector consortium in 1992, this was so that the workers in health and social care had a common set of values and principles which they would all hold to. It is important because for the first time the social care sector had a clear set of guidelines from which ethical judgements could be made. The care value base is shared into 5 elements - The care value base covers - Equality and Diversity - Rights and responsibilities - Confidentiality - Promoting anti Discrimination - Effective communication Equality and Diversity Carers must(prenominal) value vicissitude themselves before they c an effectively care for the different races, religions and differently abled people they will come across in their caring profession. Diversity is where there are many different kinds of people living in a community together. This means that in a set environment there will be black, Asian, gay, straight, differently abled people living together in a community. Discriminatory prejustice must be able to be recognised by the carer, for example, if a woman is being discriminated against in a care home, or treated differently in a hospital setting, the carer must be able to recognise that this demeanor is happening, and inform a higher power, or go through the complaints procedu... ...es. The ethical issues surrounding this Act is whos rights are more important, the right of the parent to throw off their child with them, or the right of the child to live happily and without fear of abuse. This also applies to schools The Data Protection Act of 1998 means t hat service users have a right to keep private breeding confidential, but it also means that they have a responsibly in relation to the rights of other service users. The confidentiality must be kept within certain borderlines, and can be broken when other service users rights come into conflict. Certain information whitethorn need to be passed to a senior member of staff when there is someone in danger. This relates to ethical issues as it is difficult to decide when confidential information should be shared, as described in my ethical dilemma above.