Friday, February 21, 2020

Managing bullying and harassment in the workplace Research Paper

Managing bullying and harassment in the workplace - Research Paper Example 2. Discussion and Analysis Let’s give a brief discussion about bullying and harassment. Bullying based on sex, gender, race, ethnicity, color, language, cultural background, socio-economic background, physical impairment, and etcetera, comes under the concept of discrimination. For example, age discrimination includes bullying such as not selecting an old age candidate for a job posting, abusing an old employee, firing or demoting him, not providing him employee incentives, or preferring others to him when it comes to important decision-making and problem-solving. Quid pro quo is the situation in which the person’s employment status is decided based upon his response to the sexual advances by his employer. It can also be described as â€Å"do this and I’ll do that for you†. Reverse quid is the situation in which the employer behaves like â€Å"do this or I’ll do that†. This more generally involves threats and punishments. Hostile environment is the environment that results from offensiveness shown by the victim as a response to unwelcome sexual conduct from the harasser, and this situation starts hindering the victim’s job performance. ... 3. Literature Review Branch, Ramsay and Barker (2013) conducted a research on workplace bullying. They assert that researchers have long been formulating theories and explanations about bullying and harassment at workplace, especially after the emergence of the concept of school bullying. They state that although workplace bullying and harassment have become widely known aspects of organizational cultures, yet organizations face challenges in implementing management strategies to manage these. Workplace bullying and harassment not only affect the victims but also have hazardous impacts upon the bystanders. Hence, it becomes necessary for the organizations to consider all impacts of workplace bullying and harassment in order to work out such strategies that cater with the needs of not only the victims but also the bystanders. Deery, Walsh and Guest (2011) studied the effects of workplace bullying and harassment on job satisfaction. Their research sample consisted of nurses in British hospitals. They compared two types of harassment: insider harassment that came from seniors and co-workers, and outsider harassment that came from patients. They also studied the effect of anti-harassment policies on workplace environment. They concluded that the nature of bullying and harassment changed with the nature of the harasser (insider or outsider); however, anti-harassment policies were found to have a profound impact as they resulted in considerable decrease in the harassment incidents at the workplace. This research helps understand that anti-bullying and anti-harassment policies at the workplace are crucial if the aim is to reduce workplace bullying and harassment. Bentley et al.

Wednesday, February 5, 2020

The Cross-border Merger of Kraft and Cadbury Term Paper

The Cross-border Merger of Kraft and Cadbury - Term Paper Example An overview of the Kraft –Cadbury merger In February 2010, Cadbury gave in to Kraft’s US$ 19.7 billion takeover after a fierce battle lasting over 100 days. Kraft Foods US is a major confectionary maker. The British chocolate maker had earlier in 2009, rejected a US$ 16.4 billion hostile takeover bid from Kraft, stating that the value did not represent the intrinsic value of the Cadbury brand. Industry experts believe that the combined group is the number one in chocolate and confectionary segments, as well as the second in the high growth gum segment (Ralph & Olesseni, p.61). Cadbury had agreed for 840 pence per share which would give them a total valuation of $19 billion. Media reported that Cadbury slipped into US giant Kraft Foods and the British Prime Minister committed that the jobs in UK could be protected. It was estimated that Cadbury employees numbered more than 45000 worldwide. It was expected, Kraft Cadbury combined would generate large cost savings, enablin g Kraft to become a global market leader. The conglomeration would also generate annual sales of more than $ 50 billion. The market reaction was mixed especially from UK where the fear of job loss came up and cultural reaction was that the country’s honor namely Cadbury’s brand, had been given to US. Kraft Foods was one of the major US confectionery manufacturers with net revenue of $42 billion and operating in 150 countries as of 2008. It was founded 1903 as a cheese company by James L. Kraft (Funding Universe, 2002) and over the years established fine brands like Milka, Toblerone, Jacobs, Oscar Mayer and Oreo. Even though Kraft was able to capture US and European markets, it was the second largest food company in the world and Nestle, Switzerland continued to occupy the premier position with its brands firmly established not only in developed countries but also in developing countries. Nestle had reported a net profit of $9.55 billion with an annual turnover of $99 b illion in 2009. Next in the race for second position was Cadbury, UK with its popular brands like Dairy Milk bars, Roses chocolates, Trident gum and Halls cough drops, built over 150 years not only in UK and developed countries but also firmly established its presence in the developing countries like India, Mexico and Brazil for over 50 years. Cadbury’s revenues in 2008 stood at ?5.4billion. Kraft Foods US with an ambition to reach the top slot in the global confectionery market made a bid for $10 billion to acquire a 100% stake in Cadbury at the end of 2009. The bid was rejected outright as the market value of the share was more than ? 7 per share and Kraft Foods had to reconsider the valuation process of Cadbury and made a revised offer of around $ 19.6 billion in early 2010 over which the shareholders of Cadbury numbering over 90% consented to the acquisition. Evolution and Growth of Kraft Foods Kraft Foods Inc., the second largest food company in the world, had brands spr ead over five consumer sectors – snacks, beverages, cheese, grocery and convenient meals. Kraft Foods had strong presence worldwide and operated in150 countries as of 2008. The company had evolved from a cheese company, started by James L. Kraft in 1903. James L. Kraft had started his cheese business to relieve the grocers from travelling daily to procure cheese. The merger of Kraft – Phenix and National Dairy Products Corporation in 1930 led to the further growth of Kraft. New brands such as Miracle Whip salad dressing, Velveeta pasteurized process cheese spread, were launched and turned to be successful. Innovative advertising strategy followed by Kraft was another driving force for Kraft’s success. The company was renamed as Kraft Foods Company in 1945 and during the post war period Kraft Foods continued with its new product launches and innovative advertising. In spite of various restructuring activities, Kraft General Foods’ financial results were no t rosy. In early 1995, the three units, Kraft USA, General