MGT 540: Strategic Entrepreneurship- Final Project Selected Title: Aging Workforce at Saudi Aramco. To Develop Solutions in Organisation Business Model for Resolving the Problem Group Members: Date of Submission: 26th July 2022 Executive Summary In this project, the aging workforce which is a major problem currently affecting Saudi Aramco organisation has been considered for evaluation. This is with appropriate recommendations being generated for resolving the problem. The curren...

1.0 Introduction In modern human life, the concept of negotiation is often attributed to other big terms such as contracts, compensation, or benefits. Nevertheless, negotiation is part and parcel of everyone’s life, and it happens at all times. As noted in Forbes (2018) report, people always negotiate every single day. A common aspect of the negotiations irrespective of their sizes is that they necessitate similar skills and tactics irrespective of their size. Examples of daily negotiations ...

Question 1: Why have the negotiations so far failed to result in an agreement? Is the formation of the JV between Nora and Sakari the best option for both companies to achieve their respective objectives? The negotiations between Nora and Sakari have failed mainly due to a mutual ignorance of one another's cultural norms. One of the key reasons for failed to result in an agreement is that there is enormous space between what Nora and Sakari can forgo to successfully negotiate the co...

Assignment 2 Chapter 4- The Value of Common Stocks Question 1: Understanding of Earnings Per Share (EPS) According to Investopedia (2021), earnings per share is used in comparing earnings of various organisations. To obtain this ratio, it is calculated as an organisation profit divided by the outstanding shares of its common stock. Hence, the outcome evidence on the organisation profitability. Hence, the higher the EPS value, the higher the profitable the organisation. For the inves...

Case Ethics After an Oil Spill (group) Question 1 In modern business environment, the most successful organisations are able to recognize when they do wrong as a best ethical practice. In affirming this, Palosaari (2019) evaluating the concept of oil spills and ethical context of this occurrence, relevant findings were sourced. It was evidenced that it is instrumental for the organisation in the receiving end to begin by owning up the problem, arrange mitigation measures and if possible, ...

Case#2 HR Decision Discussion Questions Part A: How should we live? Question 1 From a general context, PMJobs (2016) identify the HR managers responsibility as entailing the use of HR and business knowledge to evidence appropriate decision-making skills. In the same font, the HR managers are mandated with a responsibility of guaranteeing equal pay for similarly qualified employees. The rationale of this is that pay structures and systems which are non-discriminatory are both legal o...

Driving the Future Question 1 In the recent past, the case study by Blue Ocean Strategy Institute demonstrate the scope in which the Autonomous Vehicles have positively contributed to changes in industries and strategy.  This disruption has been evident in the different industries which have a direct implication on the sustenance of human beings. In this regard, the AV have been identified as decisive and irreversible innovation. This view is supported by Fraedrich and Lenz (2016) wh...

Essay Questions #4 Innovation important form firms to compete in many industries As a common best practice, innovation is identified as a major driver of successful organisations in being able to operate in distinct industries or sectors irrespective of their business description. In the highly competitive business environments, Rachinger et al. (2018) note that it is only those organisations which are able to embrace innovation could be successful in their operations. The authors hypot...

Essay Question #3 Question 1: Leadership and management Roles Differing As evidenced in Anbu (2019) study findings, leaders and managers roles are in most instances used interchangeably. Besides, there are elaborate difference between the roles of both of them. For example, considering the leaders roles, they entail leading a team and influencing the members to execute particular roles with great success. This is with managers having a different role of ensuring that an organisation or a ...

Essay Questions #2 Possible negative consequences of the entrepreneur’s strong internal locus of control According to Asante and Affum-Osei (2019) the possessing of strong internal locus of control is instrumental for entrepreneurs success in their operations. In the classroom sessions, it was noted that locus of control is applied in identifying the believes which a person possess of directly controlling their future and current for themselves and others. In my experience working in th...