Week 2 discussion

  Case Study – Hal’s Woodworking Hal Donovan started an ordinary hardware store, named Hal’s Hardware in Sandusky, Ohio, in 1988. He had been working during his summer vacations from college for a long-established hardware store and decided he liked the business. Hal’s Hardware developed an excellent reputation as a friendly neighborhood store. The store…

As business managers, it is essential to keep a company profitable. With inflation, many roles are beginning to payout more than before. So how would you handle hiring a new employee with less experience but higher pay compared to the current team? A couple of things to think about:  Current compensation for the current team? …

1) Video 1: Think Strategically, Act Tactically 2) Video 2: How to Improve Strategic Thinking with Simon Sinek Please answer the below two questions after watching the above two youtube videos with references(All on 1 page). Question 1: How does strategy and tactical action relate to each other in an organization? Question 2: How can…

Innovation and risk-taking is part of a manager’s job. But sometimes hubris, which is excessive pride or overconfidence, might cause managers to make foolish mistakes. It is sometime difficult to distinguish between smart projects and foolish hubris-driven projects. Googles founders, Larry Page and Sergey Brin, invested in a number of so-called “moonshot” projects in a…

Using the resources describing conscious capitalism and fair trade, how does fair trade support the philosophy and practices of conscious capitalism? What are the challenges to implementation of fair trade in the developing world?

  Create a toolkit that can be used in your business and educational experiences in the future.  What key points should be noted as “need to know.” An example is understanding the interviewing process. A toolkit is created to serve as a repository for HR documentation that can be used as a handy source of…