Wednesday, February 26, 2020
In what ways can Hyundai increase profitability in the UK car market Essay
In what ways can Hyundai increase profitability in the UK car market - Essay Example Eventually, the researcher will conduct a literature review as a way of examining whether or not mergers and acquisitions contribute to the increase in Hyundaiââ¬â¢s profitability in the UK car market despite the tight global competition. Also, the researcher will discuss the importance of organizational restructuring in Hyundai Motor right after its merger with Kia Motor and Asia Motor. Prior to the conclusion, the researcher will discuss the practical and ethical issues behind the success of Hyundai Motor Company. The fact that a total of ten automobile manufacturers are competing in the global market makes it even more difficult for any car manufacturer to implement a proper management in handling the companyââ¬â¢s resources. Considering that Hyundai is a Korean-based company, issues related to the cultural differences in handling the business should be carefully studies. Aside from proper management and product strategy, the protection law on labor management should be considered in order to avoid operational damages caused by organizational conflicts with the labor unions. Merger ââ¬â combination of two or more business entities into one via purchase acquisition or a pooling of interests (InvestorWords, 2008); A corporate law on joinging togather of two corporations wherein one corporation transfers all of its In line with globalization, Hyundai Motor won the acquisition contract with Kia Motors via public bidding. Prior to signing a contract with the Korean Development Bank, Hyundai Motor took over Kia group in November 1998. (Lee and Cho, 2008) In the process, Hyundai had to pay a total of 1.18 trillion won for the 51% shares of both Kia Motor as well as the Asia Motor. In general, a company is able to expand its business operations either through acquisitions or merger. The short-term effect of the merger and
Monday, February 10, 2020
Nursing Utilization Project-Improving Quality Initiatives & Standard Essay
Nursing Utilization Project-Improving Quality Initiatives & Standard in the Community Services Program - Essay Example naturally be followed by several systemic changes; creating the necessary management structure; developing the strategies for the changes to take place; designing the mechanisms to incorporate the change; and assigning the resources. This proposal has been inspired by various researchers, a study conducted by Rabbani et al. (2007) which assessed the feasibility of using the BSC within a low-income health setting and resulted in improvements in patient, staff, clinical, and financial outcomes alike within their health care settings. Another study by Hashmi (2003) used a QAPI program similar to the one proposed herein. Implementation of the quality improvement initiatives shall be commenced with the staff practicing better customer service complimented by thorough training and monitoring by the QAPI team. A number of surveys and interviews shall be done with the patients, community and staff to evaluate the quality improvement initiatives on a regular basis. Such data will be reported to the Board of Directors to evaluate. The reporting cycle is every 90 days or approximately 6 months. The Board shall have the final decision in approving policy changes within this proposal as necessary, in order for the plan to be effective in the process of improving the quality of services of Walton Community Services to garner at least 90% compliance rating in the improvement of customer services, an achieve CARF certification and increase funding. Walton Community Services, Inc., a reliable community healthcare provider is concerned with the continued provision of a high quality of service to the majority of its clientele. Accreditation not only improves one status within the field of community providers, but also establishes the company as a reputable provider of community services and ensures funding through different sources. Walton Community Services, Inc. must defend the vision of the company by providing the highest quality of customer service it can offer its
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