Virtual Business Design (VBD) Part 2: Report on 100Bikes
论文作者:英语论文网论文属性:作业 Assignment登出时间:2014-05-18编辑:hynh1021点击率:6180
论文字数:5873论文编号:org201405101740126529语种:英语 English地区:中国价格:免费论文
关键词:Virtual BusinessDesign (VBD)项目管理建议
摘要:This report focus on the stock missing problem in 100Bikes Company and the report analyse the cause and the consequence of the problem. Based on the Hofstede cultural theory, it can be seen that Greece has a low rate of individualism and high rate of uncertainty avoidance. Some useful solutions are given to help 100Bikes Company solve the stock missing problem.
1.0 Introduction
This report will introduce a bicycle company which name is 100Bikes; the company is doing the business in Greece now, however, an audit shows that a substantial amount of stock is “missing” from the distribution centre. This report is aim to help 100bikes to solve the problem in the intercultural situation. At the end of the report, the recommendations and solutions will be given about how to deal with situation.
2.0 Decision Making Process
2.1 Models and theories of decision making
According to Bartol (2008, 104), “decision making is the process by which managers identify organisational problems and try to resolve them”. It is a difficult process and requires a considerable amount of time in order for it to be effectively (Buttell, 2010, 6). In terms of theory, excellent decision-making processes are the significant parts in all organizations (Bartol, 2008, 104). There are four classic steps in decision making process, the first step is to identify the problem, and second is to generate alternative solutions, the following step is to evaluate and choose among alternative solutions, and finally, implement and monitor the chosen situation. Besides that, there are two important models of how managers make decisions which are rational and non-rational models. Rational models suggest that managers choose completely rational decision and make optimal decisions to understand all relevant information. Instead of the rational models, there are four major models in non-rational models which are satisficing model, incremental model, Rubbish-bin model and intuitive model (Bartol, 2008, 104-108). As Rushton (2010) states that, making decision in business world include making large investment decisions. Using creativity in decision-making processes can promote innovation for managers (Bartol, 2010, 104).
2.2 (a) Problem identification-cause and consequence
As Rossi (2010) mentioned, as the international business, managers must ensure the health and the resilience of their company’s culture to successfully manage the daily questions as well as adapting different cultures in foreign countries. Known as a famous international company, 100Bikes opened more than ten shops in Greece; however, stock missing from the distribution centre is the problem which 100Bikes faces in Greece now. There are several reasons can cause this problem which include security carelessness, computer mistakes and control problems. Firstly, security plays a significant role when manage a company, any mistakes taken by the security guards during the distributing process can lead the stock missing. In terms of security, computer mistake is another aspect can lead this situation. When managing an international company, technologies used to create consumer-generated and make a better working environment (Fluss and Rogers, 2010, 8). Due to the flexibility and efficiency of the computer system, the managers and the staffs in 100Bikes company use this system to control almost everything in the comp
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