To expand the business in the regional areas so that the market share increase by at least 7.5%. From the information given about Zie Tel Logistic, you can attest to the fact that Zie Tel Logistics is almost in all areas of the Australian market. We cannot fail to rule out the fact that too much expansion has adverse effect especially companies that are not well financed. There are changes Zie Tel need to implements to achieve organizational goals. Hence, rapid growth also brings its own unintended consequences. Too much expansion can compromise quality in the business. Therefore, as an external management consultant, it would be unwise to encourage expansion of the business because it will decline quality in business performance. For instance,
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Another problem that will result as expansion of business is employee turnover. Hiring and training in Zie Tel becomes crucial. As employee’s skills do not grow with the business, it will be hard for the employees to perform an efficient task as before. Employee’s turnover is one of the problems the business faces in expansion. Before expanding a business, all these should be put into consideration for effective running of the business. For instance, Zie Tel needs to try three to six financial officers. Failure to evaluate new recruitment will as such increase employee turnover and as well as create morale issues. Financial challenge is another problem that links to expansion of the business. Considering the structure of the business, they would resort to debt financing in order to increase business growth. This liquidates the business when they strive to survive in the business environment. This can turn sour if Zie Tel does not keep to the resulting obligation. That is to maintain debt financing. Sometimes the CEO does not survive the transition since Zie Tel has out grown its initial …show more content…
They have done well in putting things in order. This aspect includes how they handle people; it processes in ensuring growth and technology advancement and its structure. Zie Tel has been good in the way the handle their customers, consumers and employees. They have maintained a good business ethics. Making life comfortable for everyone is the core route to happiness. They achieved this by improved technology and workforce. a business that sets to work according to its ethical principles and guidelines is also helps to minimize risk of being sanction for poor attitude by the government. We are in a dynamic world where things are changing on daily basis. So therefore, it is required that business should be to its environment for survival. When organization focused only on profit making without considering the fact that without business ethics, they will be unable to interact with the external environment which provide revenue for productive purposes. Business ethics is the moral principles that govern how the business behaves. This also helps to govern the behaviors of individuals in an organization. Prior to the establishment of the business, the business sets out the principles, norms and behavior of the business. The capacity and the quantity of the business ethical problems reflect to how profits are made. When there is no proper and effective business ethics, the business cannot make profit. Some of the
Another problem that will result as expansion of business is employee turnover. Hiring and training in Zie Tel becomes crucial. As employee’s skills do not grow with the business, it will be hard for the employees to perform an efficient task as before. Employee’s turnover is one of the problems the business faces in expansion. Before expanding a business, all these should be put into consideration for effective running of the business. For instance, Zie Tel needs to try three to six financial officers. Failure to evaluate new recruitment will as such increase employee turnover and as well as create morale issues. Financial challenge is another problem that links to expansion of the business. Considering the structure of the business, they would resort to debt financing in order to increase business growth. This liquidates the business when they strive to survive in the business environment. This can turn sour if Zie Tel does not keep to the resulting obligation. That is to maintain debt financing. Sometimes the CEO does not survive the transition since Zie Tel has out grown its initial …show more content…
They have done well in putting things in order. This aspect includes how they handle people; it processes in ensuring growth and technology advancement and its structure. Zie Tel has been good in the way the handle their customers, consumers and employees. They have maintained a good business ethics. Making life comfortable for everyone is the core route to happiness. They achieved this by improved technology and workforce. a business that sets to work according to its ethical principles and guidelines is also helps to minimize risk of being sanction for poor attitude by the government. We are in a dynamic world where things are changing on daily basis. So therefore, it is required that business should be to its environment for survival. When organization focused only on profit making without considering the fact that without business ethics, they will be unable to interact with the external environment which provide revenue for productive purposes. Business ethics is the moral principles that govern how the business behaves. This also helps to govern the behaviors of individuals in an organization. Prior to the establishment of the business, the business sets out the principles, norms and behavior of the business. The capacity and the quantity of the business ethical problems reflect to how profits are made. When there is no proper and effective business ethics, the business cannot make profit. Some of the