Ask Business Management Expert

Discussion 1:

Disney is a diverse company with multiple tiers and several different business ventures across the entertainment realm. Disney runs theme parks, movie studios, television stations, manages hotels and even owns ESPN. Disney is such a large corporation that has so many different varying products and services that control is a must.

Disney through out the years has grown into a blue chip company that has set the standards for decades to come. Through practices of management control Disney has ventured down many business avenues through mergers, and joint ventures with great success because of the control the upper management has over the company. In early stages, Walt Disney set a standard for the Disney corporation that has traveled across the centuries. This standard has changed slightly with the times but still remains the same with the core principles.

If Walt Disney did not establish control early on, by setting standards, monitoring the performance of his employees against those standards, and correcting any deviation along the way Disney itself may have never grown beyond Mickey Mouse. This level of control has made the Disney name alone more valuable, and recognizable than any other in the industry. Being in a creative industry, many of the studios should have different management styles allowing for creative minds to flourish and create new and innovative products.

Disney products are regarded as industry standards in almost every industry they touch. Quality product requires high production, material and time budgets. Disney has, and will always find ways to produce quality products (Innovation and intellectual properties with in the company and outsource the labor to produce a larger profit margin when applicable). These maneuvers not only increase profit but reduce the cost of production, but they also reduce the risk on loss for a product that does not do well on the market. To summarize, outsourcing with the proper level of control has made Disney a massive toy producer, talent producer, movie producer, as well as theme park leader in America.

Discussion 2:

In order for Target to be able to efficient and productive they are going to have management control policies in place. Such as the economic, behavioral, and flexibility and innovation considerations. (Byars, Rue 2009, p. 368-369) Economic considerations would impact target because when they start to plan on opening a new store and the people they would be hiring. If they are in a lower class area, there is going to be more up front training that would have to take place to get people manager ready material. Behavioral considerations would deal with determining how much control they are going to place on the managers over other employees, and how they will get across what is expected of them. This would be Target getting the managers to communicate to the employees what their job will entail and what happens if they donât comply. One more would be Flexibility and innovation considerations. If there is too much control this one can really impact the competiveness that the store will have. If target is overly controlling on prices and or employees then people will go elsewhere. They have to consider the prices they are putting on items in comparison to the financial market where the store is.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92288417
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As