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Note: Briefly answer questions (1-3). I need help with ALL of the questions prov

ID: 359952 • Letter: N

Question

Note: Briefly answer questions (1-3). I need help with ALL of the questions provided, not just one or half, BUT ALL. Word limitation is 100-130 words for each question.

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1.) What accounts for the shift from strategic planning to strategic management? In which industries would you be most likely to observe these trends? Why?

2.) From the following topic, discuss the current status and the ethical issue surrounding it.

Topic: (Healthcare) With health care costs outpacing inflation, employers struggle to cover the cost of health insurance for workers. Are they ethically obligated to provide this benefit?

3.) What are the arguments for and against the concept of corporate social responsibility? Where do you stand and why? Give your opinions, specifically, with respect to the text examples.

Explanation / Answer

1) Strategic planning often emphasized a Top-down method. Senior control and specialized strategic planning units advanced desires and targets that were then given to the next stage of management for implementation. The hassle with this method become that it disregarded the ideas and views of managers at some point of the corporation who was normally a lot towards each day realities of the market region.

Strategic control evolved within the 90s and expended the concept of strategic making plans to the whole management structure. Under this method, all managers are worried in the formulation and implementation of the company’s goals and strategies. Furthermore, those managers are advocated to suppose strategically and in sometimes, given a long way extra autonomy to act strategically.

This trend closer to strategic control has been most seen in organizations in hastily changing industries or environments. When the rapid reaction was critical, the agency was pressured to rely more on the front line manager coping with the state of affairs. There just wasn’t sufficient time to permit a proper evaluation of the proposed movement with the aid of the pinnacle management.

2) Health Insurance benefits to workers by their Employers:

The working poor with health insurance has been to require employers to provide health insurance benefits for all workers by having employers buy them into Medicaid. Requiring this would raise the cost to employers of hiring new workers whereas during claims for any accidental or medical disability for workers this would be good whereas it will serve in a negative way as it would increase the pressure on employees finance whereby certain downfall in hiring can also be seen.

While employers are obliged to provide health insurance for workers. When an employer gives employees an insurance discount based on the number of hours of physical fitness activities, the Employer is benefited from the program. As per one of the statistics of a survey, 88% of the population thinks about their health and sign up for health and fitness oriented programs. Among them, only 8 to 10% of them are likely to continue the signed up the program and the remaining are most likely to discontinue in fewer days or weeks. This weakness is seen as the strength by the employer in providing insurance discount based on the physical fitness where the majority of the dropouts are clearly anticipated. So the Employees whose health conditions are not that great are actually being impacted. More so, employees with good physical fitness may not really claim the insurance amount which is a benefiting factor to the insurance company. Hence such initiatives might appear to be appealing and sounds like the organization is caring for the physical fitness of their employees. In reality, it is not ethical to follow such practice and it is an act of discrimination.

3) Arguments against:

Arguments for:

Where do you stand, and why?

I am for corporate social responsibility because is the ethical thing to do and because the companies will receive more money due to the market of this.

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