Your manager believes in learning from other companies' success stories as well as stories of failure. In particular, she likes to apply various management theories when possible, rather than starting from the beginning every time a decision has to be made. She asks you to write a memo to her addressing the followin"Express HelpLine is a your source for all homework related problems. You can ask questions on any topic, get answers from real people, Expret, and share your insights and experience.">
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Original only in APA format with references

Your manager believes in learning from other companies' success stories as well as stories of failure. In particular, she likes to apply various management theories when possible, rather than starting from the beginning every time a decision has to be made. She asks you to write a memo to her addressing the following: From any recent or current event in the news, discuss and explain the use of these two specific theories that the firms you researched believed in * In the human resource area, moving toward an employee empowerment culture * In the marketing area, the theory of penetration pricing For each of these two, explain the following: * The issue being addressed that gave rise to employing these theories * How the theory being followed leads to specific actions on the part of the company * Results achieved * If you had been the senior manager in these situations, at those companies, how might you have addressed the situation any differently? What other theory could have been the basis for the decision.

Here is additional information that may help

I. Introduction

II. Definition of Empowerment.

A. Give practical examples of empowerment.

B. Explain how the theory leads to specific actions on part of the company. In other words, why is the theory being practiced? Why is it necessary to implement?

C. What are the results achieved as a result of practicing the theory? If you had been the senior manager in these situation, tell me what you would do differently. Could another theory be used for decision making?

D. If you had been the senior manager, what would you have addressed differently? What other theories could have been used?

III. Definition of Penetration Pricing

A. Give practical examples of penetration pricing. Give dollar amounts.

B. Explain how the theory leads to specific actions on part of the company. In other words, why is the theory being practiced? Why is it necessary to implement?

C. What are the results achieved as a result of practicing the theory? If you had been the senior manager in these situations, tell me what you would do differently. Could another theory be used for decision making?

D. If you had been the senior manager, what would you have addressed differently? What other theories could have been used?

IV. Conclusion



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