StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Business organisation policy - Assignment Example

Cite this document
Summary
The following are advantages and disadvantages of hiring a management consultant (Lancester, 2005). A careful selection of management…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
Business organisation policy
Read Text Preview

Extract of sample "Business organisation policy"

Download file to see previous pages

Management consultant may be also viewed as lacking of familiarity with the organization and there might be lack of responsibility, accountability for results. Management consultant offers fresh perspective considering that in a certain company for instance, the CEO might be so confined with the issue that it would be hard enough to look for other fresh, new and reliable perspective. One of the ways to look at new perspective is to hire management consultant. Management consultants are known to be exposed to different perspectives considering that they try to tackle issues most often regarding business consultancy.

Thus it is a fact that they have certain information that they might be able to use prior to making suggestions and explaining new perspectives. Management consultants are known as separate entities of the business. As such there is a remarkable reason to believe that they have no vested interest of the company for as long as they are paid on their service rendered. Unlike hiring those internal employees, vested interest is remarkably observed leading to more complex problem of the company in the long run.

Management consultants are objective in giving their opinions and results. Management consultants have no specific time they intend to work for someone else. Thus, it is important to consider that they are of great help to managers who barely have time for management decision concerns. For legal, regulatory and ethical reasons, management consultants are more objective when it comes to giving results. Thus, it is important to understand that management consultants are paid to be objective enough in giving details and results for whatever the management wanted to find out.

Hiring management consultant can be costly. This is due to the fact that the mere purpose why management consultants are rendering services is about making additional income. Thus, the management of a company must be able to provide monetary aspect in return of the services

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business organisation policy Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
Business organisation policy Assignment Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/miscellaneous/1569685-business-organisation-policy
(Business Organisation Policy Assignment Example | Topics and Well Written Essays - 1000 Words)
Business Organisation Policy Assignment Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/miscellaneous/1569685-business-organisation-policy.
“Business Organisation Policy Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/miscellaneous/1569685-business-organisation-policy.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business organisation policy

Business Organization And Policy

his paper makes a conclusion that rapidly changing business environment forces organizations to engage in continuous planning process.... The business planning process enables the firm to set a roadmap to follow by determining the nature of the business, the product offerings, nature of competition, legal requirements and location of the business.... Policies are formulated to enable the business to accomplish its objectives hence the overall business mission but control and evaluation is required to ensure activities are going according to the plan....
9 Pages (2250 words) Essay

Why Do Mergers and Acquisitions Fail and Why Do Corporate Officials Still Pursue Them

business organisation and policy 1.... Corporations believe that they can gain a considerable growth potential, improve overall service delivery or produce better and more innovative products by consolidating talents that exist within the business being acquired and amidst the new business entity acquired.... Air France merged with KLM and found a considerable growth potential and synergy development, whilst Daimler-Chrysler suffered substantial loss of business competitiveness and capital growth after the merger....
9 Pages (2250 words) Essay

Business Organisation and Policy

This paper 'business organisation and Policy" focuses on the fact that the majority of acquisitions and mergers fail.... Despite this rationale, there are several different factors that lead to failures in merger and acquisition failures: cultural integration problems, direct management failures in execution and leadership, the current position of either company as it relates to product/service life cycle and the speed by which changes are made within the new blended organisation....
8 Pages (2000 words) Case Study

Business Organisation & Policy Topshop

This essay deals with in-depth analysis and discussion of the processes of business planning and policy making and the reason for change over time of a popular retail high street outlet of United Kingdom.... This discussion will be based on the detailed study about the influence of environmental and behavioural factors on corporate size, structure and business strategies of the chosen company.... High street retail business like Topshop has been affected by a number of factors like price and cost pressure, concentration in the industry etc....
7 Pages (1750 words) Essay

Business Organisation and Policy

Even the economic downturn can be encouraging for the entrepreneurial business.... Many people would be inspired to have their own business this time.... Sometimes large companies can have problems in communicating between themselves; the centred management information system might not be efficient enough to carry on the co-ordination within the business systems; that time the...
10 Pages (2500 words) Essay

Growth in Supermarket Acceptance in the UK

This report identifies how this sector has achieved such rapid Growth in supermarket retailing is largely a product of this industry moving away from traditional business practices to become more market-oriented.... By the close of 2009, supermarkets in the UK such as Waitrose, Tesco, Sainsbury, Morrisons and Asda had accounted for virtually all of the food sold in the country....
9 Pages (2250 words) Essay

Business Organisation and Policy

The researcher focuses on the analysis of business policy and its importance and integration in an organization.... hellip; Business policy can be referred to the strategic decisions made by the higher level management of the organisation which are mostly subjected to the sustainability of the organisation.... Business policy is also believed to provide with a framework with the help of which the corporate plans are developed.... The essay aims to identify the need of business policy in the context of present day's business operations along with the advantages and disadvantages of vertical as well as horizontal integration....
10 Pages (2500 words) Book Report/Review

Business organisation and policy

Companies not business organisation and policy Many firms export the costs through activities like subcontracting for the other independent firms or passing on theresponsibility of their internal activities to the independent units.... Moreover, when large companies expand their limits considerably they wanted to focus on more important activities in the business function rather than small internal functions.... There are BPO (business process outsourcing), call centres and human resources....
2 Pages (500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us