Mgt/330

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Views: 278

Words: 300

Pages: 2

Category: Business and Industry

Date Submitted: 07/30/2012 12:30 AM

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Tyco's success is based on the way they handle strategic, tactical, operational and contingency planning. Factors that prove this success by using these elements of the plan would be providing a guide to employees which describes the way each employee is to act, and by impacting the community that the company provides for. Making available a Guide to Ethical Conduct to employees shows them exactly the way they are supposed to act in all situations of the business. Tyco's guide to ethical conduct informs the employees, in each situation, respect is expected for one another, safety measures are put in place for a pleasant working environment and so on. This way Tyco covers all open ends and there will be no confusion on what the employees are expected to do for the company to be successful. Community decides the success of the business. Tyco volunteers in the community such as doing Habitat for Humanity, Untied Way and other programs to help with the growth of the community. Doing this shows the community who are potential customers that the company cares and it shows that the company cares about the community, which brings new customers.

Tyco is one of many businesses who put in place functions of management. These functions help the company to be successful in the future by setting goals and communicating to the employees. These functions also aid in legal issues and ethical issues. This is done by adjusting management and the plan of function to what ever issue is being challenged to improve the quality of work. Being involved with the community and providing employees a guide to ethics also helps the company to succeed, this is done by bringing in more customers and making the work environment safe and respectable place to be employed at.