MBA 402 Governance- Ethics- And Sustainability

Free Samples

MBA 402 Governance, Ethics, And Sustainability

.cms-body-content table{width:100%!important;} #subhidecontent{ position: relative;
overflow-x: auto;
width: 100%;}

MBA 402 Governance, Ethics, And Sustainability

0 Download7 Pages / 1,703 Words

Course Code: MBA402
University: Kaplan Business School

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Question:
You are also required to read a fictional case study based investments seminar company that will be provided to you You must then prepare a risk assessment report on the Risk Exposure Calculator and specifically address: A. Pressure points due to growth
i) pressure for performance
ii) rate of expansion
iii) inexperience of key employees B. Pressure points due to culture
i) rewards for entrepreneurial risk taking
ii) executive resistance to bad news
iii) level of internal competition C. Pressure points due to information management
i) transaction complexity and velocity
ii) gaps in diagnostic performance
iii) degree of decentralised decision making on the operations of a rapidly growing in class and via email. investments seminar company using the 
Answer:

Risk Management
Risk management is essential for every business to be successful and maintain that success in future in a sustainable manner. The business provides returns to the stakeholders but that return is coupled with an element of risk (Spedding and Rose, 2008). The management of an organization takes responsibility to balance the risk in such a manner that the return to the stakeholders is optimized. For this purpose, a standardized approach is required to be followed by the management which is known as risk management. As part of the risk management approach, the management is required to make continual efforts to identify and assess the risk factors and find out proper resolution to bring the risk within risk appetite of the entity (Anderson, 2013). In this context, a report has been prepared here that presents findings of risk assessment in regards to Property Millionaires which is a company engaged in providing services of real estate investment seminars.
Risk Assessment approach: Pressure Points
In order to assess the risk, the management can use a risk assessment matrix or risk assessment calculator. For the purpose of assessing the risk of Property Millionaires, a risk assessment calculator has been used which covers the assessment of risk based on three main parameters such as pressure point due to growth, pressure point due to culture, and pressure point due to information management (Simons, 1999).
Pressure Point due to Growth
The pressure point due to growth relates to the risk caused due to intense pressure on the management to achieve the stretched targets. The top management often sets ambitious targets for sales and profits in a fast growing business (Hope, Bunce, and Roosli, 2011). The management desires to grow the business substantially in a quick succession. This desire of top management is the one pressure point arising due to growth that leads to pressure on the employees to performance in the best manner. If it is managed tactically, the results would favorable for the business but if the top managed lacks in managing, the business could fail (Hope, Bunce, and Roosli, 2011).
Another pressure point arising due to growth is the rate of expansion. The top management when sees opportunity in the business tends to expand at rapid pace. In order to achieve this, the top management may go for merger and acquisitions at the early stage of business (Hope, Bunce, and Roosli, 2011). The strategy to go for merger and acquisitions at the early stage could be highly risky. There are many firms which failed due to their merger and acquisitions strategies at the early stage of business being adopted. Further, one more pressure point due to growth is the hiring of inexperience employees to fulfill the demand of growing business. The strategy to hire inexperience employees could lead to cost savings but it would be highly risky for the business in the long run (Hope, Bunce, and Roosli, 2011).
Pressure Point Due to Culture
The crucial reason for pressure point due to culture is the misalignment in the employee incentives and rewards for performance. It is often observed that the employees may cross the lines and take excessive risk to earn high incentives (Barton, Shenkir, and Walker, 2002). The employee may opt for unethical practices to earn high incentives which ultimately will be risky for the business to survive in the long run. Another point for consideration here is the resistance to the bad news. In an organization having centralized system of management, the lower level staff would try to conceal the problems from the top management. The practice of concealing the problems and not disclosing them to the top management on a timely basis would be risky for the company (Barton, Shenkir, and Walker, 2002).
Pressure Point Due to Information Management
The availability of accurate information on a timely basis to the top management is crucial for every business. The top management would not be able to make right decisions at the right time if the accurate information is not available at the time when needed (Graham and Kaye, 2015). Thus, the timeliness and accuracy is the primary risk factors in relation to information management. Further, transparency of information is also one of the crucial factors that count while measuring risk due to information management. Apart from these considerations, the management also needs to take into consideration the level of decentralization. The grater the level of decentralization more will be need for integrated information system to be in place (Graham and Kaye, 2015).                      
Risk Measurement of Property Millionaires
Considering the above three parameters such as pressure point due to growth, pressure point due to culture and pressure point due to information management, the risk measurement for Property Millionaires is presented below:

Risk Measurement Calculator: Property Millionaires

Pressure Point Due to Growth

Performance

Rate of expansion

Inexperience employees

Total

Score out of 5

Score out of 5

Score out of 5

4

4

4

12

Pressure Point Due to Culture

Reward for entrepreneurial risk taking

Resistance to bad news

level of internal competition

Total

Score out of 5

Score out of 5

Score out of 5

4

4

4

12

Pressure Point Due to Information Management

Transaction complexity

Gaps in performance measurement

Degree of decentralization

Total

Score out of 5

Score out of 5

Score out of 5

2

5

3

10

Total Score

34

Maximum

45

Risk (%)

76%

The pressure points due to growth have been rated high because company’s rate of expansion is very high. The high rate of expansion is leading pressure on employees to exceed the performance targets. The consultants are given aggressive sales targets. Further, the company has lowered their employment standards which lead to hiring of inexperience employees. The consultants are given high incentives linked to the sales, which gives rise to the risk of compromising with the quality of services. Further, resistance of the management to the bad news is very low. There is intense competition within the internal staff of the company. These all factors signify a high level of risk created due to cultural considerations.         
Further, it has been observed that the level of decentralization is not too high, thus, it has been scored at 3 out of 5. The complexity of transactions is also low hence the same has been scored at 2 out of 5. However, the gaps in performance measurement could be very high due to insufficient information being available to the regional managers. Therefore, it has been scored at 5 out of 5. Based on all the parameters, the risk calculator gives a total risk of 76% which implies that the company is growing with high risk.  
Risk Mitigation for Property Millionaires
The results of risk analysis depicts that the company is bearing more than the average risk. Thus, it is essential that the top management takes immediate steps to mitigate the risk. In order to mitigate the risk, it is advisable to the top management to formulate the growth strategies which are sustainable (Kato, Handwerker, and Bath, 2016). The rate of expansion should be set keeping in mind the resources available with the management. Further, the consultants and the regional managers should be given targets that are attainable with normal efforts so that they are not pushed to adopt unethical practices (Kato, Handwerker, and Bath, 2016).
The top management needs to consider the importance of experience personnel and it should be endeavored to retain them. The top management must strive to strike out a proper balance between the experienced and inexperienced staff (Kato, Handwerker, and Bath, 2016). The incentives and reward scheme must be properly aligned with the efforts of the individuals. Further, the performance measurement got to be transparent and unbiased. The authorities who are responsible to measure performance should be provided adequate information so that unbiased and accurate performance measurement could be made (Kato, Handwerker, and Bath, 2016).  
However, the complexity of transactions is low and the level of decentralization is also not too high but still there is a need for integrated information system to be in place. Therefore, it is recommended that the management replaces the old information system with the new and innovative integrated information system (Gibson, 2014). The information system should be capable of providing accurate and timely information to the management. Further, the internal competitiveness should not be too excessive. The staff should be motivated to perform as a team rather than in individual capacity. Currently, the designing of new seminars is done by individual regional managers, however, it should be endeavored that this task is done through the team work.                
Conclusion
This report presents risk analysis of in relation to a company namely Property Millionaires which provides services in the real estate property sector. Form the discussion, it could be concluded that the risk management is essential for the long run survival. The companies should use adequate risk assessment tools to analyze the risk. This report puts light on the risk measurement covering three broad parameters such as pressure due to growth, pressure due to culture and pressure due to information management. The consideration of all the three parameters is crucial in measurement of the risk of business. Based on these three parameters, the risk of Property Millionaires has been assessed at 76% which is more than the average risk.  
References
Anderson, E.J. 2013. Business Risk Management: Models and Analysis. John Wiley & Sons.
Barton, T.L., Shenkir, W.G., and Walker, P.L. 2002. Making Enterprise Risk Management Pay Off. FT Press.
Gibson, D. 2014. Managing Risk in Information Systems. Jones & Bartlett Publishers.
Graham, J. and Kaye, D. 2015. A Risk Management Approach to Business Continuity: Aligning Business Continuity and Corporate Governance. Rothstein Publishing.
Hope, J. Bunce, P., and Roosli, F. 2011. The Leader’s Dilemma: How to Build an Empowered and Adaptive Organization Without Losing Control. John Wiley & Sons.
Kato, T., Handwerker, C.A., and Bath, J. 2016. Mitigating Tin Whisker Risks: Theory and Practice. John Wiley & Sons.
Simons, R. 1999. How Risky is your Company? [Online]. Available at: https://hbr.org/1999/05/how-risky-is-your-company [Accessed on: 01 June 2017].
Spedding, L.S. and Rose, A. 2008. Business Risk Management Handbook: A Sustainable Approach. Elsevier.

Free Membership to World’s Largest Sample Bank

To View this & another 50000+ free samples. Please put
your valid email id.

E-mail

Yes, alert me for offers and important updates

Submit 

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

UploadUnique Document

DocumentUnder Evaluation

Get Moneyinto Your Wallet

Total 7 pages

PAY 5 USD TO DOWNLOAD

*The content must not be available online or in our existing Database to qualify as
unique.

Cite This Work
To export a reference to this article please select a referencing stye below:

APA
MLA
Harvard
OSCOLA
Vancouver

My Assignment Help. (2021). MBA 402 Governance, Ethics, And Sustainability. Retrieved from https://myassignmenthelp.com/free-samples/mba402-governance-ethics-and-sustainability/growing-business.html.

“MBA 402 Governance, Ethics, And Sustainability.” My Assignment Help, 2021, https://myassignmenthelp.com/free-samples/mba402-governance-ethics-and-sustainability/growing-business.html.

My Assignment Help (2021) MBA 402 Governance, Ethics, And Sustainability [Online]. Available from: https://myassignmenthelp.com/free-samples/mba402-governance-ethics-and-sustainability/growing-business.html[Accessed 18 December 2021].

My Assignment Help. ‘MBA 402 Governance, Ethics, And Sustainability’ (My Assignment Help, 2021) accessed 18 December 2021.

My Assignment Help. MBA 402 Governance, Ethics, And Sustainability [Internet]. My Assignment Help. 2021 [cited 18 December 2021]. Available from: https://myassignmenthelp.com/free-samples/mba402-governance-ethics-and-sustainability/growing-business.html.

×
.close{position: absolute;right: 5px;z-index: 999;opacity: 1;color: #ff8b00;}

×

Thank you for your interest
The respective sample has been mail to your register email id

×

CONGRATS!
$20 Credited
successfully in your wallet.
* $5 to be used on order value more than $50. Valid for
only 1
month.

Account created successfully!
We have sent login details on your registered email.

User:

Password:

For years now, MyAssignmenthelp.com is providing affordable essay help to millions of students worldwide. Our essay assistance services have helped us in assisting students with even the toughest essay assignments. We take pride in the fact that we cater the best assistance to search terms like help me with my essay. We offer affordable services in the fastest way possible. For our fast delivering services, students trust us with their urgent essay assignment needs. Two of our most popular essay writing services are maths essay help and English essay help.

Latest Management Samples

div#loaddata .card img {max-width: 100%;
}

MPM755 Building Success In Commerce
Download :
0 | Pages :
9

Course Code: MPM755
University: Deakin University

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Answers:
Introduction
The process of developing a successful business entity requires a multidimensional analysis of several factors that relate to the internal and external environment in commerce. The areas covered in this current unit are essential in transforming the business perspective regarding the key commerce factors such as ethics, technology, culture, entrepreneurship, leadership, culture, and globalization (Nzelibe, 1996; Barza, 2…
Read
More

SNM660 Evidence Based Practice
Download :
0 | Pages :
8

Course Code: SNM660
University: The University Of Sheffield

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

Answers:
Critical reflection on the objective, design, methodology and outcome of the research undertaken Assessment-I
Smoking and tobacco addiction is one of the few among the most basic general restorative issues, particularly to developed nations such as the UK. It has been represented that among all risk segments smoking is the fourth driving purpose behind infections and other several ailments like asthma, breathing and problems in the l…
Read
More
Tags:
Australia Maidstone Management Business management with marketing University of New South Wales Masters in Business Administration 

BSBHRM513 Manage Workforce Planning
Download :
0 | Pages :
20

Course Code: BSBHRM513
University: Tafe NSW

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Answer:
Task 1
1.0 Data on staff turnover and demographics
That includes the staffing information of JKL industries for the fiscal year of 2014-15, it can be said that the company is having problems related to employee turnover. For the role of Senior Manager in Sydney, the organization needs 4 managers; however, one manager is exiting. It will make one empty position which might hurt the decision making process. On the other hand, In Brisba…
Read
More

MKT2031 Issues In Small Business And Entrepreneurship
Download :
0 | Pages :
5

Course Code: MKT2031
University: University Of Northampton

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

Answer:
Entrepreneurial ventures
Entrepreneurship is the capacity and willingness to develop, manage, and put in order operations of any business venture with an intention to make profits despite the risks that may be involved in such venture. Small and large businesses have a vital role to play in the overall performance of the economy. It is, therefore, necessary to consider the difference between entrepreneurial ventures, individual, and c…
Read
More
Tags:
Turkey Istanbul Management University of Employee Masters in Business Administration 

MN506 System Management
Download :
0 | Pages :
7

Course Code: MN506
University: Melbourne Institute Of Technology

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Answer:
Introduction
An operating system (OS) is defined as a system software that is installed in the systems for the management of the hardware along with the other software resources. Every computer system and mobile device requires an operating system for functioning and execution of operations. There is a great use of mobile devices such as tablets and Smartphones that has increased. One of the widely used and implemented operating syste…
Read
More
Tags:
Australia Cheltenham Computer Science Litigation and Dispute Management University of New South Wales Information Technology 

Next