Essay about MGC1 PRE-ASSESSMENT

Conflict results from real or perceived opposition to one’s values, actions, desires or general interests. Conflicts may occur internally or externally between individuals or groups; conflict within a team environment can cause frustration, and occasionally anger. However, conflict resolution can also often generate positive results for the team. Conflict management skills remain in demand; conflict may be managed successfully by reaching an agreement that satisfies the needs of both the individual(s) and the team as a whole

The term value chain refers to the idea that all of the functions of a company, including production, marketing, product development, service,

Value chain is a set of activities a company performs in order to provide a valuable solution to their customer problem in their market space or industry. The value chain is made up of primary and support activities. Primary activities being research and development, production, marketing and sales and customer service. These are the primary steps that are required to get a product or service to market to solve the customer problems. Some of the secondary steps include company

1. Identify elements of the external environment and internal resources of the firm to analyze before formulating a strategy.

To address these objectives, I have been working very closely with the ADR team and getting significant amount of support. As a conflict resolution scholar, organizational conflict facilitation, and mediation techniques are extremely important and helpful to support may future job as well as academic knowledge. I have found that the Fairfax County has huge number of employee dispute and conflict because of poor relationship, lack of training, personality differences, and different values. Policy review and evaluation is important

A SWOT analysis assesses the company’s strengths, weaknesses, opportunities and threats to provide competitive observation into the potential and basic issues that affect the overall success of a company. Furthermore, the essential objective of a SWOT analysis is to analyze and designate every important aspect that could positively or negatively affect the success to one of the four classifications that provides an extensive examination of the company. If properly utilized, the tool can be used to develop business strategies, identify improvement opportunities, and position the company so that is can have a competitive advantage. Strengths are positive internal attributes that are within the company’s control. It is used to help identify what the company’s current status is and how successful can be if it maintain the status. Weakness is another category that is analyzed internally and externally, by analyzing internally, management goal is to identify areas that can be improved. Through this tool, it will identify what is preventing the company from achieving competitive advantage, could it be limited resources, poor physical location, limited expertise or old or limited skills and technology systems? Opportunity identifies areas within the organization that can be expanded, it

In order to grow the business, I have completed a SWOT analysis table, looking at the headings of the HRM, accounting and finance and the marketing departments as all of the findings need to be taken into account when making any business decisions. Below I have shown my swot analysis table. This is used to ensure that I have taken all aspects of the business into account before I analyse where the strengths and weakness of the company lie.

The second form of conflict management is Compromising. This form brings along the idea that losing something is adequate when an individual gains a little. Both sides come to the middle to help serve the team and project on hand while making it possible for each person to maintain a portion of his or her original idea. The drawbacks of using this method are values and objectives can be lost in the process if they are compromised. Some of the demands from the other side may be too severe to come to a middle ground on. This method can also create other conflict if no respect for the compromise or the other team members exists. When this method is used to its full potential people of equal roles are equally committed to the team. “When the issue is to complex to just abandon the others ideas or perspectives and when the specific task that is being dealt with is only moderately important.” (Improving group, organizational or team dynamics when conflict occurs, 2008)

A value chain adds value to raw materials as they pass through the production process and then, inevitably, through the marketing and sales process. In a broad sense, it is about identifying value via identifying areas of comparative advantage and how the organization can bolster its market standing and its overall value and impact. It may also be noted that the value chain is, for all intents and purposes, all internal activities and processes within the organization that yield outputs in one form or another. It entails (or should entail) everything from channel objectives to distribution strategy to marketing program supports to supplier configuration and collaboration to communication plans (Burrows et al, 2012).

Exhibit 1. SWOT analysis Favorable Internal Strength - High brand name value - High market share - High gross margin Weakness - High price

A value chain is a chain of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market. The concept comes from business management and was first described and popularized by Michael Porter (Porter, 2013)

The SWOT analysis evaluates the strengths, weaknesses, opportunities and threats of a company. It assesses the company’s market, the company itself, the company’s competition and the company’s threats. (Olsen, E, 2010)

The SWOT analysis in appendix 1 showed that the company’s main strengths are their position in the market, their reputation of providing quality and affordable products. These strengths make some key contribution to the business strategic plans.

A value chain is a chain of activities that a firm operating in its industry. A value chain has two parts: support activities and primary activities. Support activities are firm infrastructure, human resource management, technology and procurement. Primary activities are inbound logistics, operations, outbound logistics, marketing and sales and service. Not all activities make profit for the firm. But each part of operation is linked. The straights are for the activities which make real profit. Analysing value chain can improve the core competitiveness of company.

A value chain is a set of activities that an organization carries out to create value for its customers. Porter proposed a general-purpose value chain that companies can use to examine all of their activities, and see how they 're connected. (Mindtoolscom, 2016) The way in which vale chain activities are performed determines costs and affects profits.