Managing business organisation Essay Example | Topics and Well Written Essays - 750 words

Managing business organisation - Essay Example In contrast to the classic way of treating the workforce as assets in order to gain revenue and transactions, he viewed them as individuals who need to be trained and aligned to the strategic direction of a business organization. With this commitment, he leads them recognizing their worth and importance to the company. He trains them with respect at the same time becoming a good example of what a professional chef and group member should be like. His leadership is built on mutual respect and a commitment to merge understanding with discipline. He tried to understand employees’ problems by being with them in all that they go through providing the proper guidance. He is consistent in his way of resolving conflicts and is always willing to praise and recognize employees’ improvements. The management structure in Fifteen is relatively flat with Jamie at the top and all employees treated as equals. As each trainee is given the same opportunities and limitations, they become more receptive of the idea of teamwork noting that each has a different contribution to the business organization. The flat structure enables the smooth and direct flow of information in each party. It should be noted that trainees can directly communicate with Oliver about the problems they are experiencing. The chef is also very open to the concern of the employees and takes time to listen to all their problems. This openness facilitates the resolution of conflicts relative fast and execution of plans more efficient. Ethics has been an important component in the day in and day out operations of the company. Noting that being courteous and respectful to both customers and colleagues are primary to the success of a restaurant, Oliver emphasizes these values even during the early stage of training. For a company which is operating in the current business arena, the issue of conducting business ethically is of utmost importance as customers are becoming more and more

Debate notes Essay Example | Topics and Well Written Essays - 750 words

Debate notes - Essay Example Under a business oriented pay-for-play system in which performance is not only expected, but required for payment, such practices would undoubtedly cease. Student-athletes would also be forced to deal with the overwhelming business concerns that come with a professional system. Student-athletes may be placed in a bargaining situation that they could not possibly be expected to fully comprehend. Student-athletes would be forced to employ agents, accountants, and attorneys for assistance.2 Tax Issues. Problems that universities have avoided by preserving amateurism would begin to haunt them under pay-for-play. As one commentator has noted, a costly problem universities would face under pay-for-play would be the loss of their tax exempt status for income derived from athletics.3 Currently, universities pay no federal tax on tuition or other payments attributable to educational activities.4 Like other tax-exempt institutions, universities are taxed only on "unrelated business taxable income."5Unrelated business taxable income is income from a trade or business that is regularly carried on, but is not "substantially related" to the institution's primary purpose.6 The primary purpose of a university is education.7 Currently, college athletics are considered to be substantially related to education. ... mpensated for playing, the IRS most likely could no longer support the idea that athletics are rationally related to education and would tax the earnings derived from such events. This loss of profits due to taxation would significantly lower college revenues and would likely result in less popular sports being discontinued due to lack of funding, as well as the possibility of limiting funds for athlete services such as scholarships, financial aid, and tutoring. Athletes as Employees: Labor Law Issue. A pay-for-play system could also open a Pandora's box for employment claims, including salaries, the right to form unions, and workers' compensation benefits.8 Due to the nature of athletics and the potential for injury, the addition of workers' compensation claims would be especially costly. Student-athletes' entitlement to workers' compensation is generally held to rest upon whether they are "employees" under the applicable workers' compensation law.9 Under the NCAA's current system most courts have held that universities are not liable for injuries suffered by student-athletes under workers' compensation laws10. In support of these holdings the courts have repeatedly pointed to the concept of amateurism.11 These courts reason that because student-athletes are non-compensated amateurs they are not employees and thus are not entitled to workers' compensation.12 If the amateurism policy is abandoned and a pay-for-play system adopted, courts cou ld no longer deny student-athletes workers' compensation benefits because they would be employees. A second justification for paying student-athletes is that they are university employees13. This idea directly conflicts with established principles of amateurism. Consequently, courts are reluctant to alter the dynamics of collegiate