This includes such process as selection training and rewards and recognition

This includes such process as selection training and

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This includes such process as selection, training and rewards and recognition. The company makes ethics a part of the business’s strategy. They have an ethics program, and this has a code of conduct that supports employees in making ethical decisions in addition to the business plan and organization vision. Evaluation of the Company Stakeholder Responsibility and the Bottom Line 13
MGT497 Strategic Information Technology Plan (Final Paper) The company has many responsibilities due to the customer, vendors and stakeholders. The company will not compromise on safety, environmental issues or customer satisfaction. They thrive on delivering the best quality and quality product and services within their requirements. This is critical for innovation and meeting the demands for the market. The organization also is within the legal liments regarding employment, job security and protecting the environment. McGrath and MacMillion’s Twelve Factors Evaluation According to McGrath and MacMillion there are twelve factors for evaluating a firm. The six I examine are demand for the product, factors that could block the success of innovation, likely hood of strong competitive response, ability to create standards, resources to develop commercialization, and cost consideration in development. Factor 1-Demand for the product- Factors like price, growth and income effect the d emand for the product. Factor 2- Factors that could block the success of innovation – the ability for personal factors influence the market. Structure, strategy and resources were the influencing factors at organizational level. Factor 3- L ikely hood of strong competitive response – Research indicates that the factors determine the likelihood that a firm will respond to a competitive move they are awareness, motivation, and capability. 14
MGT497 Strategic Information Technology Plan (Final Paper) Factor 4- Ability to create standards – something established as a rule, example or basis of comparison. Management approved expression of the performance threshold, requirements or expectations. Factor 5 - Resources available for commercialization – the act that introduces new goods and services to market. Factor 6 -Cost consideration in development- the cost or the value added in exchange for goods and services. The cost a business incurs from researching growing underproducing new products. When using this model for advancement there are rules set as standards that should be implemented into your approach. The British Standards Institution crease a reason to show the importance to have provincial in place for technology advancement. Some of these advantages are: 1. The product or service will have more of a chance to be integrated into business framework 2. Decrease the probability of duplication 3. The investors have more faith in you. The company uses media as a facilitating intuition that offers messages within the operation of constraints of coverage. Using this method has proven effective as the company depends heavily on the media to reach customers. Using published media and visual media is utilized in the general advertising of the brand (Dudovskiy, 2015). The internet is the best platform where

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