Sample Management Paper on The success of any business

Success of any business are influenced by an array of factors that the management must keenly monitor so as to achieve the desired competitive edge. The cost factor is critical and central in the management of any business entity. Generally, business will tend to minimize costs incurred so as to maximize on the potential profits to be realized (Sharma 109). The costs incurred are indirectly proportionate to profit realized hence the need to minimize expenditures. A major source of expense to business are salaries to employees. To reduce expenses on salaries, businesses at times adopt measures like downsizing or use of cheap sources of labor like from immigrants.

Immigrants have continued to play critical role in the Canadian labor market. On an annual basis, approximately 225, 000 immigrants enter Canada. The high number of immigrants in the country has been largely promoted by the Canadian government immigration policies that are tailored to realize, reuniting families, promoting and upholding the international obligation of the country and promoting the humanitarian obligation. Employing immigrants in Canada is cost effective owing to the fact that the immigrants have lower employment rates as compared to the native-born Canadians. This has encouraged a number of entities to prefer labor force by immigrants.  The current employment rate gap of immigrants and that of born Canadians is placed at 11.9 in the country.

In using the relatively cheap labor force provided by the immigrants in the country. The business must closely monitor crucial trends in the labor market. One of this factors is the changing employment rates that every business entity is required to adhere. Inability to stick to the employment rates of the day would invite legalities that derails the operations of the business (Sharma 89). Again, the business must put into consideration the education attainment for the immigrants as this closely influence the employment rates to be implemented. For example, in the year 2007, the employment rate for reporting immigrants with education qualifications of less than school diploma was 45.1%. At the same time, immigrants with degree attainment enjoyed employment rate of 67.35.              Another key consideration that the business must implement in employing the immigrants is the age. According to Canadian immigrant employment policies, any immigrant to be offered employment opportunity should be of the age 25 years and above.

Employment rates of 25- to 54-year-olds, by highest level of educational attainment and immigrant status, 2007

 

The statistics are according to the Labor Force Survey, Canada, 2007

Again, in applying the business model that solely relies on immigrants for subsidized labor, there are other forms of complexities that the business must learn how to sort out. Firstly language barrier is a major challenge that is likely to pose operational complication. A majority of Canadians speaks English or French, however there is a larger population of approximately 4.7million that do not speak either of the languages. So as to solve the problem of language barrier, the entity has to organize language training for immigrants faced with the challenge of language barrier. This is to be carried out during the induction sessions. A number of immigrants that are potential employers are in most cases not well conversant with the existing regulations both at the national level and those governing the local industries. In the light of this, proper and extensive training sessions must be organized by the business tailored to equip immigrants to be absorbed in the operations of the business. The trainings are to be structured so as to minimize expenses to be incurred.

Employing immigrants poses high chances of instances of discrimination within the work environment being witnessed. Apart from the variation in the wage rates between the immigrants and the native Canadians, employment regulations demands a fair working environment. To avoid possible cases of discrimination, the business intends to introduce set of regulations that advocates for equality at all structures of management.  Apart from setting the regulations, strict implementation must be set out to avoid and punish instances of immigration. This will help play critical role in influencing a working environment that is favorable for all employees (Schuetze 87).

Foreign experience is in most not accepted in a number of employment opportunities. The business will therefore rely less on the foreign experience of the immigrants but rather upon what they can deliver. This will be ascertained through the ability of the immigrants to perform the designated roles.

Finally, in order to effectively work with the immigrants, the business will closely adhere to government regulations governing employment of immigrants. The legal team of the company will be in close consultation with the legislature in order implement any changes in the employment policies (Bauder 54).

In conclusion, it becomes evident that cost is a key aspect in any business operation and every management should device strategies to reduce cost. However, all the measures should be within the governing regulations. Moreover, in employing the immigrants, the business should endeavor promote equality and strive to present the most favorable conditions.

 

 

Work cited

Bauder, Harald. ““Brain abuse”, or the devaluation of immigrant labour in Canada.” Antipode 35.4 (2003): 699-717.

Boyd, Monica, and Michael Vickers. “100 years of immigration in Canada.” Canadian social trends 58.2 (2000): 2-12.

Schuetze, Herb J. “Taxes, economic conditions and recent trends in male self-employment: a Canada–US comparison.” Labour Economics 7.5 (2000): 507-544.

Sharma, Nandita Rani. The true north strong and unfree: capitalist restructuring and non-immigrant employment in Canada, 1973-1993. Diss. Theses (Dept. of Sociology and Anthropology)-/Simon Fraser University, 199