Business Law and Management Theory Discussion

Business Law and Management Theory Discussion

Instructions/Descriptions

Business Law and Management Theory Discussion

1. Since you began this consulting assignment for the College of Business and Aviation, several of the mascot products have been very successful financially. Wishing to build on this success, you recommend that a team be created to identify a new product or product line. Based on your proposed Organizational Chart and in light of your suggested Five-Year Plan, who would you assign to this team? Substantiate your selections.
2. What norms would you hope to find with the members of this team? Why these in particular?
3. A significant portion of the mascots’ product lines is actually produced in a Pacific Rim country. In all likelihood, any new product, or product line, will also be manufactured overseas. However, one member of the team (the College of Business and Aviation adopted your recommendation and comprised the team as you put forth) has openly spoken derisively about overseas production. Another team member is of oriental descent. What can you do to build a cohesive team?
4. A Team Leader is selected and granted far-reaching authority. As the consultant, you are asked to explain to this individual the sources of power and how each might be used to accomplish the team’s goals.
5. Explain how fairness can be achieved in the work expected of each member of the team. Also, the College of Business and Aviation has granted you wide latitude in determining the compensation of each member of the team. How would you recommend that each team member’s pay grade be determined?
6. Are there any legal issues you must consider when presenting the above plan? Explain. Business Law and Management Theory Discussion

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Part A Questions Delta State University has assigned the management of the trademarked mascots of the University (the Fighting Okra, the Statesman, and the Lady Statesman) to the College of Business and Aviation. You have been retained by the College of Business and Aviation as a consultant to make recommendations and/or proposals for the mascots of the University. Your recommendations and/or proposals should be developed as if they will be presented to the Dean and the Chairs of the Divisions in the College, and you should remain mindful that this will be a small business. After studying the chapters corresponding to each Assignment, complete that Assignment and submit it through Canvas no later than 11:59 pm on the stated due date. Your submission for this Assignment should be about three pages. Business Law and Management Theory Discussion

Your submission should be developed and written at the graduate school level with any sources properly documented. After submitting an assignment, you will receive a grade and a critique from Dr. Deborah Moore for the management issues and Dr. Clint Wood for the legal issues. Your response to the critiques should be incorporated in the Final Assignment. (Parts A-E of this project are worth 50 points each and the Final Project is worth 200 points.) NOTE:

All your recommendations, proposals, and submissions become the sole and exclusive property of The College of Business and Aviation at Delta State University. A note concerning our custom textbook: chapter numbers are sequential on the Contents page (page iii), but the chapter numbers from the master textbook are used in the text; e.g.

Chapter 4 on the Contents page is the same as Chapter 3 starting on page 28 in the text. Page numbers are sequential at the TOP of each page throughout the text; i.e., disregard chapter and page numbers at the bottom of the page; names of chapters at the bottom are correct. Concerning Assignments, Parts A-E, the chapter numbers on the Contents page are used. Specific Instructions for Part A: Textbook chapters covered: (pages 2-59) Chapter 1 Managing Effectively in a Changing World Chapter 2 Delivery of Goods Chapter 3 Title & Risk of Loss Chapter 4 The Organizational Environment & Culture

Chapter 5 Performance & Breach of a Sales Contract Chapter 6 Torts Chapter 7 Courts & Civil Procedure1. Explain to the College of Business and Aviation officials the major challenges facing them in the production and marketing of its mascots and related items.2. Explain the types of organizational cultures which can be established to achieve the production and marketing of the mascots and related items. What will be the impact of each one of these different cultures? Which organization culture do you recommend and why?3. The College of Business and Aviation officials have heard a lot about “competitive advantage.

” Explain this concept and how it applies in this situation. Explain what you see to be DSU’s competitive advantage and how this will relate to this project.4. In anticipation of an extremely successful football season, 15 dozen Fighting Okra tee shirts and 15 dozen Statesman tee shirts are ordered and are to be delivered by August 15th. The order actually arrives on July 15th; however, the Statesman image is placed with the Fighting Okra wording on the shirts, and the Fighting Okra image is placed with the Statesman wording. What are the legal ramifications of this delivery? What if Delta State does not discover the error until the day before the opening football game? What will you do? Business Law and Management Theory Discussion

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Part A Answers         Part a There are a list of challenges when it comes to productions of the mascot and related items. These challenges include forecasting demand for a product, it is difficult to know exactly how much product there will be a demand for therefore it is possible to run into the problem of having too much or too little product. Controlling inventory is also a challenge that may present itself as well as skilled labor shortage, although automation has been at the forefront of manufacturing and has been able to wedge the labor gap, human capabilities will still be needed to analyze and manage output and handle quality control. Just like production, marketing comes with a few challenges as well such as not knowing exactly what product or service you want to offer or not knowing your specific market are two of the biggest challenges facing marketing. It is vital to have a great marketing plan in place for whatever product you plan to present to the public. As a brand, it is very important to have some sort of online presence to gauge what your target market is actually into.

Organizational culture is the expectations, assumptions, beliefs and values that guide and inform the action of all team members. There are four types of organizational culture such as: clan culture which tends to be based on values and norms associated with the firm. Hierarchical culture values and norms associated with hierarchy. Market culture has a primary objective of productivity, planning and efficiency. Lastly, adhocracy culture in which growth, resource acquisition and innovation are most important. Both clan and adhocracy culture depend on individual traits and responses, whereas market and hierarchical culture focuses more on organizational goals rather than individuals. I prefer clan culture when it comes to business development because it’s more common to find people with the same traits and it becomes easier to contribute with like-minded individuals to reach a common goal. Competitive advantage is a condition which allows a firm to produce a good or service at a lower rate and in a more desirable form for customers. Competitive advantage is attributed to cost structure, brand, distribution network, intellectual property, customer support and quality of the product offered. Business Law and Management Theory Discussion

DSU’s competitive advantage is the uniqueness of the mascot, no matter where you are, you’ll always recognize that fighting Okra. There are multiple schools with tigers, lions and bears as mascots but DSU Okra is one of a kind. Taking into consideration that the order was delivered well before time there are no legal issues that should arise in this case. However, the products were misprinted, the legal ramifications presented is that the actual manufacturer will be required to replace the misprinted t-shirts and provide a replacement order of corrected t-shirts. Failure to do so, can result in a lawsuit from the sports organizing committee and the manufacturer will be required to compensate for the number of misprinted t-shirts and whatever legal fees occur. If the mistake is not discovered until the day of, I would get in contact with the manufacturer immediately to attempt to remedy the problem and request a refund for the misprinted products. Business Law and Management Theory Discussion

Part B Questions Project Part Delta State University has assigned the management of the trademarked mascots of the University (the Fighting Okra, the Statesman, and the Lady Statesman) to the College of Business and Aviation. You have been retained by the College of Business and Aviation as a consultant to make recommendations and/or proposals for the mascots of the University. Your recommendations and/or proposals should be developed as if they will be presented to the Dean and the Chairs of the Divisions in the College, and you should remain mindful that this will be a small business.

After studying the chapters corresponding to each Assignment, complete that Assignment and submit it through Canvas no later than 11:59 pm on the stated due date. Your submission for this Assignment should be about three pages. Your submission should be developed and written at the graduate school level with any sources properly documented. After submitting an assignment, you will receive a grade and a critique from Dr. Deborah Moore for the management issues and Dr. Clint Wood for the legal issues. Your response to the critiques should be incorporated in the Final Assignment. (Parts A-E of this project is worth 50 points each and the Final Project is worth 200 points.) NOTE:

All your recommendations, proposals, and submissions become the sole and exclusive property of The College of Business and Aviation at Delta State University. A note concerning our custom textbook: chapter numbers are sequential on the Contents page (page iii), but the chapter numbers from the master textbook are used in the text; e.g.

Chapter 4 on the Contents page is the same as Chapter 3 starting on page 28 in the text. Page numbers are sequential at the TOP of each page throughout the text; i.e., disregard chapter and page numbers at the bottom of the page; names of chapters at the bottom are correct. Concerning Assignments, Parts A-E, the chapter numbers on the Contents page are used. Specific Instructions for Part B: Textbook chapters covered: (pages 60-90) Chapter 8 Ethics & Corporate Responsibility Chapter 9 Contracts Chapter 10 Debtor & Creditor Relationships: Bankruptcy Chapter 11 Regulating Business1. Business Law and Management Theory Discussion

The College of Business and Aviation enters into a contract with Quality Tee Shirts to manufacture Fighting Okra, Statesmen, and Lady Statesmen tee shirts according to certain specifications. Quality Tee Shirts produces several before making the entire order, and these several are inspected and approved by the College of Business. One week before the contracted shipment date, Quality Tee Shirts “requests” an increase in price due to an increase in materials costs outside its control. What should the College of Business do?2. College of Business and Aviation officials confer with you over the above situation, and then you learn that Quality Tee Shirts is teetering on the brink of bankruptcy. You also learn that it is upheld as a standard of excellence for its observance of all applicable OSHA standards and EEOC requirements. Now, what do you do?

Part B The College of Business and Aviation enters into a contract with Quality Tee Shirts to manufacture Fighting Okra, Statesmen, and Lady Statesmen tee shirts according to certain specifications. Quality Tee Shirts produce several before making the entire order, and these several are inspected and approved by the College of Business. One week before the contracted shipment date, Quality Tee Shirts “requests” an increase in price due to an increase in materials costs outside its control. What should the College of Business do? Business Law and Management Theory Discussion

Firstly, when the College of Business enters into a contract with Quality Tee Shirts, it has fixed a rate for the t- shirts ordered. Although the cost of the production has increased, which led the t- shirt production company to ask for an increase in the price due to increase in material, which was out of its control.

Taking into consideration that a contract was read and agreed upon, there’s an agreement between Quality Tee Shirts and the College of Business, the price within the contractual agreement should be the final cost. Quality Tee Shirts can begin to charge the new prices on future productions but considering a price had been agreed upon before the price increase, Quality Tee Shirts has an obligation to produce the product at the agreed upon price. If the t- shirts quantity and quality are not produced and delivered at the agreed upon price by Quality Tee Shirts on the date discussed in the agreement, the College of Business can and should seek legal action against Quality Tee Shirts. Business Law and Management Theory Discussion

College of Business and Aviation officials confer with you over the above situation, and then you learn that Quality Tee Shirts are teetering on the brink of bankruptcy. You also learn that it is upheld as a standard of excellence for its observance of all applicable OSHA standards and EEOC requirements. Now, what do you do? If we consider it on humanitarian grounds, we should definitely pay as per the new price. Since no one wants to do business in losses.

But taking into consideration, the increase in the prices depend on market factors and not individual personal factors, I would advise that The College of Business should consider a price rise and pay off the additional cost to Quality Tee shirts in order to assist Quality Tee Shirts. Business Law and Management Theory Discussion

If Quality Tee Shirts continues business, the College of Business should receive a small discount due to the last-minute price increase of the previous t- shirt order. It is vital that the College of Business knows that as a business with a contract with Quality Tee Shirts in the event that the business does file for bankruptcy, the court will typically send out a notice and a proof of claim form that allows you to petition for payment. If you do not receive a proof of claims form, it is important to reach out to the courts because Quality Tee Shirts is legally obligated to pay all outstanding debt in the event of bankruptcy.

Business Law and Management Theory Discussion

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