Discuss the financial, economic, regulatory, sociopolitical, and technological factors as they relate to a dynamic
business environment
explain the importance of the integration of individuals and systems to organizational effectiveness.
How to Set Up the Report
Create a Word or Rich Text Format (RTF) document that is double-spaced using Times Roman New 12-point
font. The final product will be 3 pages in length excluding the title page and reference page. Write clearly and
concisely.
Create a Title page with a title for the paper, course number, your name and the instructor’s name.
Instructions:
You are a junior researcher in a small investment fund. Your boss asks you to write a quick overview of Juul
Labs that will be used to decide whether to do more in-depth research as a potential investment.
Course Materials and Research
You will complete research on Juul Labs.
Resources cannot be older than August 2019.
Resources can come from the library, news articles, videos and other credible sources to identify and discuss
the issues as it relates to Juul Labs.
You will draw from the course materials to support the ideas presented.
Note that using course materials and reference articles goes beyond defining terms but clearly and thoroughly
explains the ‘why and how’ of a situation. Avoid merely making statements but close the loop of the discussion
by explaining how something happens or why something happens, which focuses on importance and impact.
In closing the loop, you will demonstrate the ability to think clearly and rationally showing an understanding of
the logical connections between the course materials, your reference articles and the question(s) being asked.
Use the following template using the headings to separate elements. Create a new paragraph for each bulleted
item below. Do not use bullets in your paper as the required format is in narrative format with indented
paragraph and no extra space between paragraphs.
wer over the group, and can implement any leadership style of their choosing without constraints. Positional power is the authority and influence a leader has over a group, if the leader has positional power, they will be able to implement the leadership style they best see fit for the situation. Positional power cannot be measured or quantified, making it highly ambiguous and hard for a leader to understand whether they have it or how then can gain it. It becomes the responsibility of the organisation to have policies in place to provide leaders with some positional power, usually by establishing a clear hierarchal structure. By establishing a hierarchy, the leader is perceived by the group to be able to make demands and expect compliance from them giving the leader legitimate power (French and Raven, 1959). Secondly, by providing the leader with the ability to reward compliance and punish non compliance from the group, the leader has reward and coercive power (French and Raven, 1959). To obtain complete power over the group the leader must gain the trust and belief of the group that they are capable of success, by ensuring the group are both satisfied and meeting performance goals.
The importance of establishing a hierarchy became evident during the planning stage of the outdoor management course for the red team, the coordinators within the team assumed leadership roles but were unable to gain positional power due to the team being a peer group (Pettinger, 2007). The leaders selected had little authority and influence over the group as everyone was perceived to have the same rank, status and occupation, hence the leaders had none of French and Ravens five bases of power (Pettinger, 2007). The result was leaders with no positional power over the group,