Employed in 'Sao Mai' Essay Example | Topics and Well Written Essays - 1250 words

Employed in 'Sao Mai' - Essay Example He is given with the charges of directing, monitoring and managing almost every operational process in the company. His responsibilities in the company include managing a group of 20 architects and engineers along with taking any decision for the benefit of the company. He completely utilizes his power to accomplish his targets that assists the company to grow. Discussion The power gained by Mr. Tam Nguyen has three sources. These are interpersonal source, vertical or hierarchical source and horizontal or situational source. The influences of these sources on the power of Mr. Tam Nguyen are as follows. Interpersonal Powers Person Based power The personality traits of Mr. Tam Nguyen play a vital role in making him the most powerful employee in ‘Sao Mai’. He has been associated with the company over a long period. This gave him a considerable experience to control the organizational processes with efficiency. He is also a good trainer because he always keeps pressure on hi s subordinates to perform better increasing the potentiality of the workforce. He is a very ambitious in directing his subordinates that creates tremendous pressure over the workforce. This often tends to hinder the morale of the employees giving rise to the turnover rate. He desires the entire workforce to perform as he did without providing consideration to the eligibility of the employees. His current position in the company is certainly due to his personal qualities that has a significant influence on the CEO as well. Position Based power Mr. Tam Nguyen is assigned to segregate the diverse construction project related responsibilities including designing and allocation of resources. This is generally determined on the basis of the abilities and competences of the architects and engineers. The responsibilities are also often segregated according to his choice and perceptions. His responsibilities include convincing and persuading the clients regarding any impasse with ‘Sao Mai’. He is also solely responsible for taking any decision regarding financial matters or employee evaluations. He possesses the liberty to offer bonus or rewards to the high performers of ‘Sao Mai’. He is also liable to terminate any employee in case of inefficiency. Mr. Tam Nguyen liberally utilizes his position based powers over the employees of ‘Sao Mai’. He often praises the performing employees and motivates them to work harder. He also tends to terminate inefficient employees whose acts might have hindered customer satisfaction or the commitment of the company towards its services. Whatever the decision he takes is explicit within the knowledge of every employee in ‘Sao Mai’ that creates a pressure on the workforce to perform better. Vertical/ Hierarchical Based Power In case of urgencies, Mr. Tam Nguyen possesses the authoritative rights to approve certain changes in the blueprints of the construction projects to satisfy the cus tomers’ demands. He believes that maintenance of long term relationship with the clients is crucial as customers are the fundamental elements of any organization. Once, a client wished to make certain changes in the blueprint of the house. He wanted to elevate the designs of the roofs of the window and the door at a reasonable cost. This was likely to hinder the quality of the project causing safety issues. The proposal was approved so to retain a good relationship with

TeliaSon Era and Google (Competition Law) Dissertation

TeliaSon Era and Google (Competition Law) - Dissertation Example However, it can be agreed that attaining this desirable status, in which all stakeholders benefit optimally, is relatively challenging. Coupled with increased pressure from the market to make profits, most business persons have opted for satisfying their needs at the expense of the consumer. Furthermore, individual business entities have gone to great lengths to attain and maintain a competitive edge in the markets that they explore. In essence, they take measures that are geared towards enhancing their performance and outperforming their counterparts. They have adopted malpractices such as collusive price fixing, predatory pricing, tie-up sale, discriminatory pricing and creating barriers to market entry amongst others. These trends have had adverse effects on both the consumers and other business persons in the market. To address these, regulatory policies have been put in place. Perhaps one that has been more effective in addressing the preceding concern is competition policy. Com petition policy constitutes a set of measures adopted by the government which direct the behavior of the businesses as well as the structure of the entire business industry. Their main aim is to maximize the welfare of the affected stakeholders and promote effective and efficient performance. They provide useful insights regarding how business entities and individuals can explore the market and enhance healthy competition. Further, they offer guidelines regarding how to prevent anti competitive practices that hurt the industry and undermine sustainable growth and development. At this point, it cannot be disputed that unfair competitive practices promote aggression that has detrimental effects on the performance of businesses. In... As globalization trends continue to grow complex and intricate, firms are increasingly being compelled to adopt approaches and practices that can enable them to attain and maintain a competitive edge in the market. This has prompted them to in some instances adopt practices that have harmful effects on their competitors as well to the consumer base. Monopolistic firms have particularly been affected the most because of their influence in the market. Coupled with their ability to make critical decisions regarding the products and services that they provide, the inherent power has made them to make decisions that have negative effects on their respective industries. Legal provisions have been established on a national, regional and international scale to guide their behavior in this regard. This ensures that the decisions that they make do not affect the functioning of the market and the general wellbeing of the market. Competition law has particularly been imperative in ensuring that this behavior or that their practices are economically viable. One of the tendencies that have been noted in the market pertains to violation of the competition law through margin squeeze.