Report on the analysis of the workplace behavior of Western Sydney Essay

Report on the analysis of the workplace behavior of Western Sydney - Essay Example Therefore the promotion of Carlene is appropriate. This therefore means that Carlene has a duty of meeting the requirements of Western Sydney, which is something she has proven to be capable of right from her position at the middle rank. Although Western Sydney is the main revenue generator for the group, it is worthwhile for them to put Carlene there as the CEO since she has the qualities necessary to steer the company to meet the requirements they have. Her one-month work at Western Sydney was a good point to get her to familiarize herself with the work environment and make changes as and when necessary. Carlene's identification of the stagnation and the traditionalist approach used by the Western Sydney was her justification for the alteration of the subsidiary's strategy from a conservative one to a more profitable business model that will generate profits. This is therefore the impetus for the need to change certain structures in different departments of Western Sydney, includin g the Operations Department where it can be logically inferred that the Operations Manager is maintaining a very traditionalist and authoritative structure which supports the stagnation identified by Carlene. There is therefore the need for the MD to give Carlene all the necessary support to attain this to ensure that Western Sydney, the cash cow of the group remains productive into the future. In the confrontation between the Operations Manager and the junior staff member, Carlene was using the mild form of disciplinary action in organizations, counseling to try to assert the fact that the Operations Manager went too far by physically assaulting the junior staff member. Assertive behavior is where an individual tries to justify,... The Operations Manager is undoubtedly a very experienced individual in what he does. He seem to have the competencies necessary to move the company to its strategic destination. All other individuals working at the company this therefore makes him a rare individual and a vital part of any progressive activity that they would be involved in. Such an individual needs to be included in the strategy of the organization even if he has some excesses as this operations manager seem to have. The Operations Manager seem to be in independent minded individual who always wants to do things according to a given plan or target. This is evident in the fact that the previous CEO stated that he is able to work within budget and meet targets. This presents the OM as a traditionalist who always works according to laid down principles and procedures. He appears to be a disciplined person and a disciplinarian who treasures authoritative systems and structures.

Module 4 Written Essay Example | Topics and Well Written Essays - 750 words

Module 4 Written - Essay Example Latin American countries characteristically have high inflation rate, with some countries having as much as three digit percentage. In fact in a 70 year history of Argentina, the country averaged in excess of 200 percent inflation rate, Brazil on the other hand averaged 390 percent from 1980, and attaining a high of 6821 in the first quarter of this year. Venezuela rates are very high, a rate of 63.4 percent. The concept of Purchasing power parity (PPP) would imply that the currencies of these countries shall depreciate compared to the United States dollar so as to consolidate the purchasing power across the countries. According to Keown, Martin & Petty (2008), PPP reflects the relative value of purchasing a product in one county versus another. A high inflation rate has the effect of making their exports cheap while making imports expensive, thereby discouraging demand for Latin American imports and forces a downward pressure in their Latin American currencies. Depreciation of the c urrencies compensates the rising prices on Latin American exports when viewed by imports from the US and other countries. Interest rate parity exacts pressure on the forward rates to contain a large discount as a result of the high interest rate prevailing in Latin America, which shows a snag of hedging Latin American currencies. Hence, the option to hedge bears more sensibility if the expected rate of depreciation exceeds more than the forward rate. It is also important to factor in that certain remittance cannot be hedged anyway as a result the value of uncertainty in future remittances The forward rate of a Latin American currency would have a big discount; as a result the Latin American interest rate would be higher than that of the US. The discount operates as the prediction of the rate of change in the value of the Latin American currency given a lengthy period of time, which I represented by the forward