Strategic Analysis of Loreal Essay Example | Topics and Well Written Essays - 1500 words

Strategic Analysis of Loreal - Essay Example Organizational culture in L’Oreal: L’Oreal has adhered to strong organizational cultures over the years. Since its inception, the organization has aimed to deliver its best to fulfill the needs of the people. It has maintained transparency in maintaining high quality of the products. In the development of the product, the organization has been careful in maintain the safety and the efficacy. The organization maintains a high level of ethics as a part of their corporate culture. Fairness in every action of the organization is found to exist. There is maintenance of good practice of the corporate governance. The organization maintains strong relationships with customers and suppliers. Every employee in the organization is provided with equal opportunities based on their positions. (Ethics, n. d) The organization also maintains long term value for the share holders by protecting their interest and utilizing the company assets. The organization maintains honesty and clarity to wards the customers and the claims they make about the products are all proven by scientific data. As a part of the organization culture, the organization also carries out with their ethical practices in accounting and reporting and does not tolerate any level of corruption. The privacy of the employees is also maintained at a high level and the employees are provided with an environment in which they fell motivated to deliver their best for the organization. The employee participation is also allowed to a large extent in the organization and thy employees also contribute with their ideas and suggestion (Diversities, n. d). The efficiency of the employees are recognized and rewarded and respect towards the culture of the employees is maintained. The organization also tries to take care that no level of biasness creeps in the organization. As a part of the culture, the organization also tries to deliver its best for the overall development of the society and maintaining its respo nsibility towards the society. It promotes the human rights of the people and makes contribution towards the development of the children in various societies. It also carries out awareness program for the maintenance of biodiversity. Organizational structure of L’Oreal: In the consideration of the organizational structure of a multinational organization like L’Oreal the most significant thing which comes into notice is the fact that the organization maintains decentralized structure. The organization has various divisions which are controlled by the respective departmental heads. The overall workings of the organization are maintained by the CEO. The CEO is responsible for the direct supervision of various departments which includes marketing, finance and the human resource (The official board, n. d). The overall decentralization of the organization poses as a weakness in the overall management of the organization. There are also no modes of intercommunication between the departments in the organization. The organization also has a management committee who are in charge of the different sectors. In spite of the decentralization of the overall organizational, the presence of review committee which are supervised by the board of directors of the organizat

Quantitative Methods Essay Example | Topics and Well Written Essays - 1750 words

Quantitative Methods - Essay Example Walmart, Inc uses online customer survey feed back form regarding employees’ courtesy, quality of product and services, competitive price issues, overall satisfaction level to know the perceptions of the consumer. It is very important for a retailer to know its consumers well or it might loss the share of the market in the competing environment of today. Walmart, Inc is renowned for having happy and satisfied set of customers. It is possible only because they know their customers well. Quantitative analysis generates statistical data through the large scale survey research using different methods like structured interviews and questionnaires. The researcher tries to reach as many respondents and collect information to the highest extent possible. The quantitative analysis is mostly used by construction companies, financial market advisory company. They believe more on statically data, analysis them and finds out the future requirements, predicts the market for opportunity for exploitation. Like Gannet Company Inc analyze on financial data and publishes all the financial information of different companies. From this information, many investors find out the company of investment, where their money can grow and provide a higher return. So, it is important to analyze the data in a quantified manner so that investors can easily understand and make their choice. Science is an intellectual search. The scientific approach is essential for analyzing the data which needs an inductive reasoning to derive to general principles based on specific observations. Generalization is powerful weapon to make prediction. To control the dependent and independent variables, scientific research is mandatory. The research done with the help of scientific approach is more reliable and valid. The scientific approach minimizes influence of biased prejudices in the experiments. Companies like Merriman Market Analyst uses scientific way to analyze data from daily stock