MT460 Learning Journals

5. It is time to put on your manager’s hat. This past week you have learned about business and multi-business strategies. What does the term patching (Pearce & Robinson, 2013, pp. 277–280) refer to, especially when thinking about how this might guide you as a manager to build value in your business operation?

Minimum 200 words

 7. In this week’s unit, you learned the value of CSR and business ethics and or code of conduct. Large corporations are valued by stock price performance and the bottom line. Sometimes this allows for unethical practices in the workplace no matter what employee, management, or executive levels. How much should social responsibility be considered in evaluating an organization’s overall performance from an ethical perspective (Pearce & Robinson, 2013, p. 85)? Please explain and use a contemporary example.

Minimum 20 words

8. This week you have really spent a lot of time learning about strategic control systems. Choose a business whose strategy is familiar to you. What do you believe are the key premises of the business’s strategy? Based upon the key indicators, also known as KPI, which would you choose to monitor and why? How would this help this business competitively?

Minimum 200 words