MGT 521 WEEK 2

MGT 521 WEEK 2


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MGT 521 Week 2

Work Culture Preferences
Steve Hunt (2013) states, “in terms of candidate sourcing and attraction, the most important aspect of culture is the degree to which common practices and beliefs in your company are perceived as unique and similar to the beliefs and preferences of candidates” (para.3). When identifying the ideal work culture, Ineed one that will help in maximizing my competencies and I have a future with. After completing the work culture preference assessment, Ifound that I greatly benefit from high powered, leadership intensive, and supportivework culture. I need an organization that challenging, has the opportunity for leadership, and clearly has defined jobs, goals, and expectations. These aspects of a work cultureadequately will helpme in developing long-term and short-term plans which willhelp me attain organizational goals.
To conduct a SWOT (strengths, weaknesses, opportunities, and threats) analysis I must utilize my areas of expertise. The SWOT analysis “is one of the cornerstone analytical tools to help an organization develop a preferred future. It is one of the time tested tools that has the capacity to enable an organization to understand itself” (Jensen, para.1). My area of expertise is research and I believethis competency is vital as it aids in learning from failures and successes, in addition to obtaining staff and customer feedback. Also the research competency excels at gathering information to support decision making. Another competency needed to conduct a
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Functional Areas of Business

“Management involves coordinating and overseeing the work activities of others, so that their activities are completed efficiently and effectively” (Robbins, p. 8, para. 1). The manager aspect is important because “organizations need their managerial skills and abilities more than ever in these uncertain, complex, and chaotic times” (Robbins, p. 4, para. 3). Within an organization there are managers over different departments and his or her responsibilities do not vary; the main purpose of a functional manager is overseeing an organizational unit, such as a department, within an organization. Also the manager has the responsibility of planning, organizing, directing, monitoring, and evaluating the functions executed in that department and its employees (Buzzle, 2013). In this paper, one will discuss the role of a manager within the functional areas of business. The different function areas within a business, which will be discussed, are human resources, accounting, customer service, and marketing departments.
Human Resources
The responsibility of the human resources department entails playing both the employee and advocates. Some of their duties include training new and current employees, hiring, and firing, dealing with grievances, and paying employees. The role
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As a process of self-examination during her senior year of college, Casey decides to develop a SWOT analysis of her prospects relative to getting a job. Casey realizes that she has a personal characteristic that suggests she is not comfortable interacting with strangers. She interprets this as a(n) ________ if she is to get a job as a salesperson.
threat
strength
weakness
opportunity
Bottom of Form
Correct :
A weakness describes something an organization does not do well and is sometimes considered a liability. With awareness, however, it can be corrected.
Materials
 Step 3: Doing an Internal Analysis
Top of Form
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Casey is looking for a new job. She decides to develop a SWOT analysis of the industries she might want to work in. Casey majored in marketing and enjoyed studying market research. Through her research on the Internet and in the University Library, she learns that this industry is currently doing well. She interprets this as a(n) ________.
weakness
threat
strength
opportunity
Bottom of Form
Correct :
An opportunity is one part of a SWOT analysis. It is defined as a positive trend in the external environment. In this case, the good economic condition for the marketing industry is the external positive trend.
Materials
 Step 2: Doing an External Analysis
Top of Form
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In performing a SWOT analysis, which of the following would be considered as a threat?
Lack of a strategic plan
Increased product demand
Competitors
Recognized brand
Bottom of Form
Correct :
An organization will review its external environment when completing a SWOT analysis. Threats are negative trends in the external environment. In this case, companies competing in the same market segment are seen as a threat to the organization.

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MGT 521 WEEK 2