Strategy in practice Essay Example | Topics and Well Written Essays - 3000 words - 1

Strategy in practice - Essay Example At this point emphasis should be made to the following fact: the strategy is not set by any member of the organization; it can be only defined by the organization’s leader (De Wit and Meyer 2010, p.502). Of course, other members of the organization, such as line managers, can have a role in the formulation of organization strategy but this role is limited, usually referring to the provision of information for the performance/ problems of their unit (De Wit and Meyer 2010, p.502). When setting the strategy of the organization leaders can take into consideration the comments of employees in various organizational departments; these comments can affect the organization’s strategy only at the level that the leader of the organization will decide (De Wit and Meyer 2010, p.502). The most important characteristic of strategy is the following: it refers to ‘all functions and parts of the organization’ (Toma 2010, p.16-17). Nestle was first established in Switzerland in 1866 (Nestle, Organizational website, History). Through the decades the company has managed to expand globally, a strategy that has been followed by the increase of the business objectives/ areas of operations. Indeed, in 1866 Nestle has been solely a milk factory; today the business is considered as one of the leaders in the food industry in general (Nestle, Organizational website, History). The strategy of Nestle is incorporated in a graph presented through the organizational website (Figure 1, Appendices). According to the particular graph the strategy of Nestle is divided into three parts (Organizational website, Strategy): a) the firm’s Competitive Advantages; the R&D department of the organization and its extended portfolio of brands are considered as the firm’s major advantages, b) the Growth Drivers: in this category emphasis is given to the firm’s reputation as a firm promoting health through its high-quality food products. At the same

Research Methods in the Social Sciences Assignment

Research Methods in the Social Sciences - Assignment Example The subject which is unable to be examined could not be selected for conducting a social research. Keeping in view the fundamental principles of social research, the researcher aims to conduct his research work on the following topic: The researcher will write a brief outline of the entire research procedure in the Abstract of the research, in which the research topic, theoretical framework, hypothesis and research tools and techniques will be discussed. In addition, the researcher will describe the universe selected for his study. The first chapter of the research will consist of introduction, in which the causes of selecting the topic and significance of the topic will be discussed. Statement of the problem will also be the part of the chapter, in which the researcher will define the problem in details and objectives of the study will also be described in a precise way. The following hypothesis will be developed for the present study: The second chapter of the research will consist of the literature relevant to the study. The researcher will explain the studies have already been conducted on the same and similar topics. These studies might be on social classes, leisure time, social discrimination and the patterns of recreational activities. Chapter three will carry theoretical framework, in which Thorstein Veblen’s Theory of Leisure Class (1912) and Social Stratification Theory developed by Davis & Moore (1945) will be explained with reference to the present research. The researcher will interlink these theories with his research work. Chapter four of the present study will describe the universe and sampling procedure. Since the researcher aims to conduct his study in New York City, the universe will be the people belonging to divergent social and cultural classes of New York. Quantitative methods of research will be applied in this