Regine Manubag IM 325 & 327 Finals

BIT 3 3rd shift Insight Topic

 Challenge face by the management

The changing economic world is throwing new challenges to the managers. The management concepts
and practices are shaping tomorrow's history. A number of changes are taking place which are
influencing the work of managers.

Management can license or franchise to another firm the right to use its brand name, technology or
product specification. Managements of global companies are adjusting their organizational structures as
per the requirements of situations. The managers are being taught to be global in approach.

Managers will have to shift their philosophy from treating everyone alike to recognizing difference and
responding to those differences in ways that will ensure employee retention and greater productivity.
Managements of multinational and transnational companies have to study the legal-political and
cultural environment of the hist country and device managerial practices and policies. Managers have to
keep the whole work force motivated and creativity involved in work.

 Important laws on salary and wages

The labor code prohibits payment of wages by means of promissory notes, vouchers, coupons, tickets,
chits or any object other than legal tender, even when expressly requested by employees. The
employees are given reasonable time during banking hours to withdraw their wages from the bank
which should be considered as compensable hours worked if done during working hours. Wages shall be
paid at least once every two weeks or twice a month, at intervals exceeding sixteen days. If an account
of force majeure or circumstances beyond the employer's control, payment of wages on or within the
time herein provided cannot be made, the employer shall pay the wages immediately after such force
majeure or circumstances have ceased.

 Labor Management Relation

Labor management relation is a field of study that can have different meanings depending on the
context in which it is used. In an international context, it is a subfield of labor history that studies the
human relations with regard to work- in its broadest sense- and how this connects to questions of social
inequality. Labor management relation is a relationship between employee and the employer and also a
relationship of management and labor union.
  Quality Management

Quality management ensures that an organization, product or service is consistent. Qualitu

management is focused not only on product and service quality, but also on the means to achieve it.
Quality management, therefore, uses quality assurance and control of process as well as products to
achieve more consistent quality. Quality management defined as a continuous effort by the
management as well as employees of a particular organization to ensure long term customer loyalty and
customer satisfaction.

 Communication in Organization

Organizational communication is a field of study, that focuses on the communication and information
flow within organizations through different roles of the media. The flow of communication within the
members, individuals and organizations could be either formal or informal. Organizational
communication helps us to accomplish tasks relating to specific roles and organizational creativity and
adaptation. Communication in an organization is very important in order to accomplish tasks and
responsibilities. Having poor communication is the most frequently cited source of interpersonal
conflict.

 Prevalent moral issues and dubious practice in the workplace

In light of the fairly recent savings and loan crises, Wall Street insider trading, price-fixing, racial
discrimination, sexual harassment and environmental accidents, disasters, and issues of safety, the
importance of business ethics in the 21st century has reached an all-time high. Ethics in government has
long been an issue with American voters and can range from financial scandals that originate in
Congress, to personal travails of high government officials and sexual harassment in the military. Child
sexual abuse within religious institutions, schools and sports organizations also receive regular and
abundant media attention.