Does collectivism have a future Drawing on theoretical insights and Essay

Does collectivism have a future Drawing on theoretical insights and the evidence, critically evaluate the factors that determine its relevance for UK employee relations - Essay Example Moreover, while there has been progress in the study of managerial leadership behaviour in various countries of the globe (Den Hartog, House, & Hanges, 1999; Kuchinke, 1999; Maczynski & Koopman, 2000), world wide research in leadership styles of entrepreneurs is minimal (Ardichvili, Cardozo, & Gasparishvili, 1998). Lastly, while there have been several studies that have been undertaken on psychological and behavioural distinctions between entrepreneurs and managers within a Western setting (i.e. the UK) (e.g., Brockhaus, 1982; Brockhaus & Nord, 1979; March & Sharipo, 1987), there is a dearth of literature on the comparison of leadership styles of Western and non-western entrepreneurs and managers. While there is a wealth of literature discussing leadership styles across countries, there is a dearth of research specifically tackling the topic of entrepreneurial leadership. The fact that legislation is a catalyst for economic growth and development is well known. Differing economic, cultural and political circumstances abroad also suggest the need for a better understanding of employees with a broad context is important. Fortunately, the ability to study the implications of policies on economic growth abroad is expanding rapidly as a result of the emergence of global private equity markets and micro finance. International entrepreneur ship spans cultural boundaries and involves a variety of stakeholders, including the entrepreneur, investors and policy makers (Asel, 2003). â€Å"Social considerations must be given the same status as economic, financial and environmental concerns in a holistic approach. It is time for global thinking and local action. The implementation of the Core Labour Standards and the laws and regulations that give effect to them at national levels can be significantly enhanced if the capacities of national labour inspectorates ar e built up and strengthened. Labour inspectors have a crucial role to

Economics Government Regulation Research Paper Example | Topics and Well Written Essays - 1500 words

Economics Government Regulation - Research Paper Example Poor planning leads to loss of resources and in extreme levels to the collapse of the enterprise. Therefore, it is very crucial for organizations to make clear plans that would act as the blue print for the business (Baker & English, 2011; Singh, 2012). The price that a food processing company should charge for its commodities should range between the lowest price at which the company may not make profit at all, to the highest price that is likely to reduce demand of the products if charged. In such a case, a company should consider both the internal and the external factors in order to get the most appropriate price between these two extremes. Introduction of new products calls for adoption of a proper pricing strategy that would completely discourage competition from the new comers (other firms) and most importantly create the desired impact in the market (Kurtz, 2012). Penetration and skimming pricing strategies are some of the basic strategies that may be adopted to determine the right price of the commodity. Skimming pricing encompasses launching a product at a relatively high price and later on reducing it if necessary (Kurtz, 2012). This strategy spends a lot of money in product promotion, and is recommended mostly when the demand of the product is not predictable. The strategy is common especially if the company had spent large sums of money on research, when promotion is likely to expend a lot of money due to the competition, and when the commodity is very innovative in a way that the market is likely to mature gradually. Skimming strategy has numerous advantages such as ensuring that the elasticity of the products price is low as well as ensuring that minimal cross elasticity of demand exists in case there exist products that are close substitutes. This helps the product in making a vital inroad into the market