Law Case Study Example | Topics and Well Written Essays - 500 words

Law - Case Study Example Damages as well as remedies that can be awarded will also be explored. In this particular case, Jill has to prove the kind as well as the authenticity of the employment law. She has to prove that the contract itself is somehow suppressive as it strips her off her rights. She is hired as an independent contractor but the terms of the contract reflect otherwise. The contract does not want to take full responsibility of her welfare. It seems that right from the beginning, she has no rights and is supposed to abide by the rules and regulations of the contractors. Under normal circumstances, the employment laws in the federal states forbid this practice as it seeks to subdue the employees’ rights as they would not have any power to stand up for their rights. The elements of proof she must prove is the â€Å"arbitration, mediations† clause which requires her to complete this process if there is a contract dispute, and the results will be binding legally and she will waive her future rights in federal and state court to contest any employment violations. In other words, this clause implies that she has no right to contest an employment dispute. Her rights can be violated but she is not given the opportunity to take legal recourse. Indeed, the court is the highest arbiter of disputes among contracting parties but in this case, above mentioned clause prohibits the other party from seeking legal action against the employer.

Blue ocean strategy is simply a repackaged version of Bowmans hybrid Essay

Blue ocean strategy is simply a repackaged version of Bowmans hybrid strategy - Essay Example value creation in order to be differentiated in the industry. Blue Ocean’s strategy is an echo of bowman’s theory since they both base on cost and value addition in order to create new demands. Blue Ocean theory explains that for companies to create value innovation, the companies must employ lower costs and differentiation measures. Wiley 2015 adds Bowman’s theory involves product differentiation and cost leadership as some of its main strategies. In cost leadership, companies thrive to offer commodities at a lower cost but with a high value than the other low costs rivals. In product differentiation, volume forms a vital component in its differentiation. The organizations offer low prices with high volume hence value creation. Blue Ocean’s theory uses the same Bowman’s theory principles, to acquire the new markets. Blue ocean theory achieves value innovation through costs cutting and differentiation to facilitate new markets. There is no added principle which distinct it from Hybrid theory, hence making it a replicate of Bowman’s theory. The renowned Tata Motors developed the world’s cheapest car Tata nano in order to create a new demand and value. The car is unique as it offers the same benefits of passenger vehicle but at a very cheap cost. The car costs $2,500 which was set basically for customer’s affordance. The price was set without consideration of the company’s production costs and margin. The company created a new demand which was initially unavailable within the market at a cheap price, and affordable by a majority all customers. With the help of its partner and engineers, Tata Motors developed the car’s features anew with its target customers in mind. The car was developed with a smaller engine than the current vehicles in order to minimize horsepower wastage within India’s cities which are over congested with traffic jam. The company lacks competition due to its economies of scale. The company brought in renowned supplies,

The real food company

The real food company The real food company 1.0 Background of EAT the real food company: Eat was founded in 1996 with ambition of providing the best food, soup and coffee in London at reasonable prices. The first shop was opened at Villers street, WC2, London. At present EAT with 100 shops continue to strive for highest possible quality of food, service and shop standards in the same way they used to do since from the beginning. EATs secret of success is in their kitchen, they make all food products on their own i.e. they dont buy a single mass produced sandwich, soup or salad from any supplier. They offer variety of foods like sandwiches, soups, pies, salads, wraps, sushi, desserts, baked goods, breakfast, cold drinks juices and great coffees. 2.0 Planning process and its importance: Planning is a formalised procedure to produce an articulated result, in the form of an integrated system of decisions. The importance of planning to organisations will help in co-ordinating their activities; to make sure that their business is accounted for future and to have control on the business. Chernev (2009) describes marketing management consists of three step process and they are analysing the situation, developing an action plan and implementing the plan. Situation analysis will help in providing the overview of the company and environment in which it operates and also it helps in identifying potential markets to compete. It begins with analysing five key factors which are as follows as identified by Chernev (2009). Potential customers- Most of the EAT shops are located near offices, tourist places and transit places. So their major customers are tourists, workers and tourists visiting to London. Companys goals- EAT goal is to provide best food, soup and coffee in London at reasonable prices. Collaborators- Competitors- EAT companys potential competitors are Pret a Manger, Starbucks, McDonald and KFC. All these companies are also in the same market targeting same customers. Economic, social-cultural, technological, regulatory and physical factors- The current economic situation of the UK is under recession. Many people are unemployed and still losing their jobs. Recession has had an impact on tourist coming from different parts of the UK, as well as from other parts of the world. Social-cultural effect on EAT has had a very little impact on its business, because the type of food EAT produces suits the eat habits of most of the Londoners. Except the fact that London is multi cultural ethnicity, and among them most of the Muslim community and they do not eat non-veg food other than halal ones. According to official research collated for The Times as cited in Kerbaj (2009) Muslim population in Britain has grown by more than 500,000 to 2.4 million in just four years. Technology has had a significant effect on the EAT business, the introduction of readymade coffee machines reduced the customer waiting time and increased the productivity of the business. 3.0 Internal analysis of EAT 3.1 Mc Kinsey 7-S frame work: Mc Kinseys 7-S recognises seven important factors for internal effectiveness and efficiency of an organisation. The key elements of 7-S are as follows and is depicted in the below figure. Strategy: EAT prepares all food products in their own kitchen, and do not buy any single mass produced sandwich from any supplier. One day is the shelf life of all products for maximum freshness and quality Structure: Each EAT shop has shop manager, assistant shop manager followed by team leader, lead barista and team member. Skills: Employees of EAT are skilled in preparing delicious sandwiches, soups, pies, salads, desserts, and drinks. Moreover they are also skilled at delivering great customer services. Staff: EAT staff get training in their academy, and recognised for doing a great job. They are further encouraged to improve on personal development. All these factors motivate the employees and increases their productivity and loyalty to organisation. Style: EAT is adopting team management style in Blake and Mouton managerial grid as cited in Mullins (2005) which gives equally high concern to productivity as well as to the staff. This type of management style is the best in the business. Systems: EAT follows the system of delivering best quality food, along with it providing friendly and fun experience to every customers. Shared values: EAT believes in honest, simple and natural work space environment providing quality food and great customer service. 3.2 Advantages and disadvantages of Mckinsey 7-S Advantages: This tool covers the almost every aspect of the business and all major parts of the firm. This tool helps in analysing the internal situation of the organisation. This tool helps in implementing the organisational changes once the organisation has understood its internal situation. Disadvantages: A detailed case study on the firm is required to analyse it using this tool. This tool does not consider about the external factors influencing the organisation and presents only of the internal situation of firm. All the 7-S of Mckinsey are interrelated and if any one element is changed it affects others as well. 4.0 External analysis of EAT 4.1 PEST analysis 4.1.1 Political factors: Elections will be held before May 2010 and new government may alter the environmental rules which will have low impact on the organisation. Labour government might win the upcoming elections, and increase the basic pay rise of an employee which will have high impact on the firm. Customer protection law has a great impact on the firm especially for service and hospitality organisation. EAT has to ensure that it provides sufficient information about the food they produce and its ingredient. 4.1.2 Economical factors: Current market is struggling with recession; many people have lost the jobs and still losing it. It has negative impact on the firm. The firm has to pay tax for the government. 4.1.3 Social factors: London is a multi ethnic city, so eating habits of the people differs from person to person. This factor has a medium impact on the firm. Lifestyle of the people has a great impact on the firm. Now a days people like to carry their food along with them, rather than sitting and eating in the restaurant. Considering the fact that Muslim population in Britain has grown by more than 500,000 to 2.4 million in just four years, according to official research collated for The Times as cited in Kerbaj (2009). This factor has a medium impact on the firm. 4.1.4 Technological factors: Technology has been evolving and there is no end for it, introduction of readymade coffee machine have had a great impact on sales reducing the customer waiting time. Internet has a strong impact on the business helping customers to know about the locations of EAT braches near to place where they live or work. Also they get to know about the variety of products they make. 4.2 Advantages and disadvantages of PEST analysis: Advantages: This tool helps in determining the external factors which have positive and negative impact on the firms growth. This tool helps in identifying its business survival according to the surroundings. This tool is simple and only costs time to do. Disadvantages: This tool tells focuses only on the external environmental analysis based on assumptions. But in reality assumptions may go wrong and strategy is not of worth. This tool covers only external environment, but the results to need to be considered along with other factors for example firm itself, competitors and type of industry in which it is operating. Changes in the environment make this tool difficult to implement developments and it will affect the firm in the future. 4.2 Porters five forces Industry rivalry: EAT is in food industry sector where in, there are lot of other big competitors like Pret a manger, Star bucks coffee, McDonalds and KFC. These companies are also well settled in the business and have good market share. So industry rivalry among the competitors is high because of too many competitors in the same market. Supplier power: The supplier has a low bargaining power with firm because, because there are lot of suppliers producing the same raw materials for the food industry sector. Buyer power: Since EAT business is retail one the buyer power has less influence on its business. On the contrary, care should be taken to deliver quality food and great customer service if not it brings bad reputation to the business. The effect of it will be losing customers in large proportion. New entrants: It is very difficult for a new entrant to start business in the same industry as EAT is doing. Because since EAT is in hospitality sector, it takes years to get recognised with quality food and great customer service. Threat of substitutes: Now a days people are turning to readymade packed foods which are convenient to carry to their work places or homes. Because of recession as the prices of packed foods are cheap they are attracted to them. Advantages of porters five forces: This tool helps in identifying the profitability of a new product or business. It helps in identifying who has better power buyer or supplier. Disadvantages of porters five forces: It does not account the rapid changes that are happening in present world, so even a new entrant can come with some new methods and straight away make profits. 5.0 SWOT analysis Strengths Skills of employees. Strategy of firm. Trained employees in cooking delicious foods and delivering great customer service. Wide range of food products in menu. Brand reputation doesnt allow new entrants to succeed immediately. Opportunities Joint ventures with supermarkets to increase the market share. Introduction of online order and delivery systems. Introduction of low priced food products consisting of only basic ingredients. Weakness High priced food products. Limited funds available to expand the business. Inconsistence of quality and service across all branches. Threats Recession has had an impact on the business. Changing eat habits of the people. Similar products offered by other companies at low price. 6.0 Ansoff matrix: The EAT can make profits by stepping into product development by adopting one of the two strategies introducing online delivery system to their products gives tough competition to Pret a manger that are already in the same business. Because there are some factors which are in favour of this purpose and they are weather conditions may hamper the interest of going to restaurants and some people want to enjoy their meals at their residence itself. The second strategy EAT can adopt is introduction of low priced food products. According to Farnham (2009) most of the people are abandoning restaurants and are turning to low priced food products because of recession. EAT can turn to low priced food range by reducing the number of ingredients but not all comprising with quality or service. 7.0 Marketing Mix elements Product: According to Chernev (2009) a product should have certain features that make it unique in the market. EATs products are known for its delicious and high quality, but introduction of Halal foods in their menu will attract handsome of customers to their restaurant. As we have discussed in the external environment analysis, London is a multi ethnicity city and in it Muslim population is increasing day by day. It has grown to more than 500,000 to 2.4 million in just four years Kerbaj (2009). Price: EATs food price has had a significant effect on the customer behaviour, as majority of them were abandoning the restaurants and are turning to basic foods with less ingredients in it. Because of recession many people are losing their jobs and reducing their level of expenditure and trying to save money. Introduction of low priced foods with less ingredients but not comprising with quality of food will help in attracting the customers. Place: Most of the EAT shops are located near commercial places, tourist places and transit places which are easily accessible places by people. However to increase further sales of the firm, it is suggestible to implement online order and delivery systems with the help of internet technology. In this way it can target the customers who are of big families and like to have meals at their premises itself. Promotion: EAT has to promote its brand in one of the fastest way of communication channels. By advertising in the daily news paper, radio channels, local television channels in London, internet and by leaflet distribution it has chances of promoting its new products in the market. References Chernev, A. (2009) Strategic marketing management 5th edition. Bright star media, Inc.: Chicago, USA. Eat (2009a) www.eat.co.uk [online] available from: http://www.eat.co.uk/pages/facts.html [accessed on: 26 November 2009] Farnham, J. (2009) Recession bites into eating habits, June [online] available from: http://news.bbc.co.uk/1/hi/business/8124352.stm [accessed on : 24 November 2009] Doyle, P. and Stern, P. (2006) Marketing management and strategy 4th edition. Pearson education ltd.: Harlow, England. Fifield, P. (2007) Marketing strategy: The difference between marketing and markets. 3rd edition. Elsevier ltd: London, UK. Kerbaj, R. (2009) www.timesonline.co.uk January 30 2009 [online] available from: http://www.timesonline.co.uk/tol/news/uk/article5621482.ece [accessed on: 01 December 2009]

Flaws in the Efficient Market Theory :: Economy

Flaws in the Efficient Market Theory According to the Efficient Market Theory, it should be extremely difficult for an investor to develop a "system" that consistently selects stocks that exhibit higher than normal returns over a period of time. It should also not be possible for a company to "cook the books" to misrepresent the value of stocks and bonds. An analysis of current literature, however, indicates that companies can and do "beat the system" and manipulate information to make stocks appear to perform above average. An understanding of the underlying inefficient "human" factors in the market equation is necessary in order to account for the flaw in Efficient Market Theory. Efficient Market Theory: A Contradiction of Terms Efficient Market Theory (EMT) is based on the premise that, given the efficiency of information technology and market dynamics, the value of the normal investment stock at any given time accurately reflects the real value of that stock. The price for a stock reflects its actual underlying value, financial managers cannot time stock and bond sales to take advantage of "insider" information, sales of stocks and bonds will not depress prices, and companies cannot "cook the books" to artificially manipulate stock and bond prices. However, information technology and market dynamics are based upon the workings of ordinary people and diverse organizations, neither of which are arguably efficient nor consistent. Therefore, we have the basic contradiction of EMT: How can a theory based on objective mechanical efficiency hold up when applied to subjective human inefficiency? As a case in point, America Online (AOL) offers a classic example of how investors can be misled by a company that uses the market system against itself. AOL, up until early November of this year, used an accounting system that effectively "cooked their books" and provided misleading figures on the company's performance. Instead of accounting for its promotion expenses and costs as a regular expense, as normal companies do, AOL spread them over two years. This let AOL report annual profits based on revenue figures derived from denying actual expenses (as cited in Newsweek, November 11 edition). By deferring those costs, AOL over the years reported profits $385 million greater than they would otherwise have been. The company then used these non-existent profits to promote itself as a money-making opportunity for both stockholders and potential investors, artificially increasing its stock prices. This accounting practice is perfectly legal, but the information was kept private for over two years. The company has recently announced that, effective immediately, promotion expenses will be charged to earnings as the expenses are incurred, the way a normal company does. AOL will also take a one-time special charge of $385 million for the

Corporate Social Responsibility in India Essay

The basic principle of the sustainable development and Corporate Social Responsibility is the combination of needs important both from the point of view of an institution, as well as a group of entities operating in its environment (employees, shareholders, stakeholders, borrowers, local society) within its business policy. Thus, the goal of a contemporary organisation should be to maximise its shareholders’ value satisfying, at the same time, expectations of other stakeholders (stakeholders’ value) by integrating economic, social and environmental operations. There are many factors that make us interested in Corporate Social Responsibility 2: †¢ †¢ †¢ †¢ New problems and expectations of citizens, customers, public authorities and investors in the context of globalisation and significant industrial changes; Social criteria have bigger and bigger influence on investment decisions made by units and institutions playing both the role of consumers as well as investors; Bigger and bigger care for damages caused to natural environment by business activities; Transparency of business activities supported by media and IT technologies. Corporate Social Responsibility principles, as well as the quality of information in their web sites and annual reports, the main sources of knowledge about the company for potential investors, counterparties and local communities. In the near future, we should also expect that as a result of the globalisation of financial markets, Polish listed companies will meet investors that are more aware of Corporate Social Responsibility and consumers that invest and co-operate better with companies supporting environmental and social development. The analysis of awareness rates and progress in implementing the concept of Corporate Social Responsibility in the sector of Polish companies covered all joint stock companies listed in the Warsaw Stock Exchange4, excluding listed banks (covered in the analysis of the banking sector) and national investment funds. Results of the study are based on information disclosed and presented in web sites and annual reports of the analysed companies and they refer to the following aspects: †¢ †¢ †¢ reporting on Corporate Governance principles adopted by the company, including audit rules; reporting on the company’s environmental policy, reporting on the company’s social policy. The study covered possibilities of an access for investors, local communities, potential business partners to the information about the company’s financial standing, and strategies in progress. The principles for reporting on Corporate Governance were stipulated in the resolution of the Stock Exchange Council of October 16, 2002 (58/952/2002) on best practice in public companies in 2002. Pursuant to this document, companies were obliged to publish and deliver, by July 1, 2003, their first statement confirming their will to observe the newly introduced rules. The study carried out by the Institute shows that over 90 percent of companies publish their reports on incorporating (adopting) principles of Corporate Governance in their business strategies. However, we have to point out that the quality and availability of the information presented in web sites and in annual reports of companies for potential investors and society is relatively low. 4 The analysis was carried out from August – October 2003. 5 The Gdansk Institiute for Market Economics Among the listed companies under the study, only 40 percent disclose and publish detailed information about the structure of their Corporate Governance, and mostly in web sites, where companies present the information about the composition and structure of their management board (74. 4 %) and the composition and structure of their supervisory board (62. 2 %). Chart 1. 1. 1 Do domestic companies publish detailed information about the structure of their supervisory bodies? 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Board structure Supervisory board structure Responsibilities of board member Definition of independence 25,6% 37,8% 51,7% 87,2% 99,4% 99,4% 74,4% 62,2% 48,3% 12,8% 0,6% Any supervisory board Commities 0,6% Individuals responsible for implementation, oversight and audit of economic, social and environmental policies YES NO Source: Own study based on research carried out by the Gdansk Institute for Market Economics. The Institute’s studies on the companies’ informing about the structure and responsibilities of their main bodies in charge of Corporate Governance also show that: †¢ domestic listed companies have not appointed persons in charge of implementing and supervising their policy related to Corporate Social Responsibility, yet (only 0. 6%), †¢ companies usually do not disclose the information about the existing committees at their supervisory boards. Potential investors and business partners willing to establish co-operation with a given entrepreneur want to know external auditors analysing the company’s financial statements and know whether they are reliable. 6 The Gdansk Institiute for Market Economics The Institute’s study shows that 88 percent of domestic public companies presents information related to their audit policy in their web sites. The companies usually give procedures for selecting external auditors, principles for rotation (changes) of external auditors and point out that external auditors are independent of the company. Nevertheless, in Poland, companies still do not present statements on audit costs and costs of other services performed by auditors. The Institute’s analysis also shows that most listed companies under the study (86. %) have undertaken to respect such shareholders’ rights specified in the Best Practice like: †¢ †¢ right to express their opinion and make motions to the company’s management board; right to see minutes and reports from previous meetings (usually available to the shareholders at the company’s office); †¢ publishing information on future General Shareholders Meetings and their agenda. Chart 1. 1. 2 Do domestic companies publish information about audit, shareholders’ rights, implemented principles of their Code of Business Conduct / Code of Ethics? 100% 90% 80% 70% 60% 12,8% 13,3% 98,9% 50% 40% 30% 20% 10% 87,2% 86,7% 1,1% 0% Does the Company disclose audit related Does the company disclose its policy on information? shareholder rights? Does the company disclose and report on its internal Code of Business Conduct/ Code of Ethics? YES NO Source: Own study based on research carried out by the Gdansk Institute for Market Economics. Assessing the awareness and progress in implementing the concept of Corporate Social Responsibility by Polish listed companies, it is worth underlining that still a small percentage of companies has developed and adopted the Code of Ethics and the Code of Business Conduct, 7 The Gdansk Institiute for Market Economics where the companies define, for example, principles for social, environmental policy, issues related to the protection of human rights, employment policy. The managements have to guarantee that the Code of Business Conduct is effectively implemented, monitored and improved. Therefore, the European Commission promotes companies which adopt and implement the Codes of Business Conduct prepared by international corporations. In the opinion of the European Commission, the Code of Business Conduct should 5: †¢ Be based on guidelines of the Convention of the International Labour Organisation, defined in the Declaration on Fundamental Principles and Rights at Work from 1998 and OECD’s guidelines for international companies related to social partners and their stakeholders; †¢ †¢ †¢ Incorporate mechanisms required to assess and verify the Code implemented; Involve social partners and other groups of stakeholders influencing the company’s operations in the dialog about the shape of the Code; Expand the experience related to best practice in European companies. The concept of Corporate Social Responsibility also assumes that the company should purposefully get involved in environmental protection. The study shows that domestic listed companies do not find it purposeful to present information about actions taken to protect t e natural environment. On the one hand, it h results f rom the fact that the companies are not aware of potential benefits they could obtain, according to the assumptions of Corporate Social Responsibility, for example if their environmental actions are positively perceived by their stakeholders. The research carried out by the Market and Opinion Research International (MORI) under the CSR Europe campaign on the sample of 12 thousand citizens representing 12 countries shows that around 70 percent of consumers buying a product or a service take into account the level which a given producer is involved in social and environmental activity to. At the same time, every fifth consumer is ready to pay more for goods produced by a socially responsible company. On the other hand, the lack of information about environmental actions taken by the companies results from relatively low financial expenses borne by these companies for environmental purposes.

Bus 117 Introduction to Organizational Dynamics Week 5 Final Paper Essay

In this paper I will discuss how a team leader assesses how big the team is needed in order to accomplish the task assigned to them. This paper will also discuss the how conflicts can arise while trying to meet their goals. Such as which person works better in certain areas. I will also talk about how a team leader resolves their problems that may accure. In addition I will also discuss if team work will take longer to complete task along with some of its advantages. I will also point out some of the resistors to team work like not have the proper tools or supplies. I will also discuss how to be proactive so that you don’t run into this situation. Last but least I will give my own personal opinion on what I think when it comes to team work and how efficient it can be for the whole department. After speaking to one of my old supervisors and asking him how he went about making the determination of the size of the crew needed for the job. First explained that he would see how big the job was what equipment was going to be needed for the job. Next he would determine which of the guys would be needed to do the job. Now the size of the team was determined by how experienced the workers are in what the job calls for. The main thing he looked for in his workers skills were technical expertise, problem-solving and decision-making skills and interpersonal skills. He explain that he could have a hundred works but not have the experience to get the job done in the time frame given. So that’s why his people are carefully chosen so that it can go according to plan and making this operation very cost efficient and correct. He said usually smaller teams are the best and it reduces the risk of communication breakdown. As an example he said that if they had to ship out twenty windshields he would need all packing materials to be ready and make sure that he had seven people for the job to be done in a timely manner. Two of the seven would prep the shipping boxes the other two would properly pack the windshield so that it would get to the proper destination without damage. The other two would put all warning stickers and make sure that they were put at the right loading docks so that they could be sure. See more: how to start an essay The last person would inspect that right part was being shipped to the proper location on the order forms from the customers (dealers) and making the final calls that parts were on their way. When I asked him if he came across any conflict of any type his response was no, the reason he said no was because he cross trained everyone in the department and put his strongest workers in the position that they exceed in. also he built up a relation between them as far as work was concerned. Another he had weekly meetings and would listen to all concerns and let them talk it out amongst themselves and then in the end after listing to everyone he would answer all concerns that were in his control. The concerns that were beyond his pay grade he would bring it up to his supervisors and the following week he would inform his employees with the best answer that was given to him by his supervisor. His most common conflict wasn’t so his employees as he explain it was having the right part in stock or the part being in the right location. As went along with the interview I asked if he felt that team work might take longer than it would a single person. Surprising he said it all depends the on the task at hand and how well it’s prepared and if all supplies are in stock. Like the large load of windshields being shipped out would require a large team where a single person may not even close to finishing a third of the shipment due to the fact he would have to stop and look for some else with time on their hands or pull a busy person from his job to be able to lift the windshield to be able to finish packing it. By doing this it slows the entire shipping department and causing a little confusion that may cause some conflict. By better planning of larger jobs makes it a lot easier and more efficient to get the job done in a shorter time. I believe that having the right team and all the proper materials that team work would not take longer to do the job. I must also ke ep in mind that in a team work environment communication becomes the key fact due to the fact if communication breaks down it can lead to disaster. You must always be on top of making sure that the right orders were sent out by communicating frequently. There are many different types of resistors when it comes to team work and the one I found in our job environment was not having the right part to ship ran out of packing material due to back orders or not having the address to ship to. This affects the team greatly causing work to pile up while waiting for back orders to be filled pushing current work back to fill the back orders coming in making them a priority to get the old out and then work with the current. Even then with careful planning and watch due dates for back orders to arrive can help better plan how to organize your personnel. I’m a firm believer that being proactive in any situation and staying ahead of the game even when behind can only lead to positive outcomes in the end. I believe team work is more efficient when it calls for it. A good team starts with a great leader as well as a great team makes a great leader meaning that as long that there is a respect boundary between the leader and workers are there e fficiency is already there. The best way to make sure that your team is working in a efficient manner its best to prioritize your day in advance make sure everything you need for the next day is there and list your task by priority. Next set deadlines corresponding to what you have prioritized the night before in the order you put them last but least make sure your work space is organized and paper work is order to be able to start a fresh day. In doing this helps ensure that your team is running efficient and to their max potential. Leaving no room for conflicts or miscommunication for course of the day. In this paper you have read how a team leader determines what size the team should be and how they make their determination. You have also read on what kind of conflicts may occur in a team environment and how they can be resolved. I have also explained on how resistors can affect the team and they are not always within the team its self. You have also read how teams can be more ef ficient when properly organized.