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Introduction:

EU single market operations have been installed in 1985 for the purpose to make movement within European Union countries without technical, physical and tax related barriers. However, the main aim of European Union committee was to stimulate commercial and industrial expansion as by attaining unified market operations in the favor of European countries. Later on, it became a great threat for whole world because developed countries came to this side for giving tough time to whole world. In single market operations; companies may take couple advantage over rest of competitors as EU companies may expand their manufacturing plants around EU countries. For instance, fabric manufacturing companies don’t afford extra expenditure on employees therefore they prefer to open up their manufacturing plants where they can find cheap labor rates. Hence, they open up such setups in where they can find their desired advantage. in single market operations activities used to be interlinked with each other therefore its main purpose is to produce products for community market. On other hand, a holding authority is needed to control all these functions on ground level that is European Union, which is supposed responsible for taking care of community harmonization legislation. They need to ensure health concerning issues covered by manufacturer. Hence, single market operations used to be surveillance by regional authorities as for knowing the convenient and promising features available by company to its valuable customers. (EC regulatory authority (2010).

As far as objectives of single market are concerned, the intentions behind in coalition of market forces are to merged together in order to work freely and unified system against external market forces. European Union member states don’t want to let any other state allow interpenetrating through loopholes therefore a joint action has been taken against dominant market elements. For this particular reason, emergence of euro currency came into experience, which is good sign for all European countries as it protected them from the worries of exchange rates. Single market operations don’t offer tax constraints to companies. Thus, companies can carry their equipment and plants within specified region.

Research objectives:

1. We want to study EU single market operations
2. We want to investigate the impact of a failure to harmonize taxes.
3. We want to investigate the role of EU single market in the context of tax implementation.
4. We want to study; why problems can this cause

The movie which has been selected for this assignment is Wall-Street in which the event of margin call has been discussed. Charlie Sheen and Michael Douglas star in Wall Street, director Oliver Stone’s depiction of the greed and excess that dominated American business and finance during the 1980s. Douglas received Best Actor accolades from the Academy Awards, Golden Globe Awards and the National Board of Review for his role as an unscrupulous Wall Street trader.


In the movie, a character is Ma Yun who was the leader of the traders, let’s see what leadership style he used in the movie to motivate their employees.


There are a number of leadership styles are present but the style adopted by MA YUN is peacock leadership style which often called Charismatic leadership style. The word Charismatic has been derived from Charisma which is a basic instinct or nature of a person. Charisma is in the personality of a person which attracts the followers. There is a positive effect of the charismatic personality of a leader on his follower. A Charismatic personality of a leader effectively influences on the employee’s performance and also helps the employees in directing their performance without any undue influence. Charismatic leadership also called transformational leadership style. So, we will use these both of these terms interchangeably.


The leadership style adopted by MA YUN is transformational and in the mean time theory X style as well. Theory X style is a style in which the manager thinks that employees love their work and can not be forced to accomplish the task (Lussier & Christopher, 2009). By reading the movie, it can be said with authenticity that MA YUN supports his employees. MA YUN believes on the Maslow theory to meet the basic needs of his employees. He never does undue influence on his employees regarding the work done and for any other thing. The biggest positive node for the employees is that the boss trust them and according to the employees of MA YUN, “This person is very confident and trustworthy with a kind heart” and never laid down his any employee. Peacock leadership style adopted by MA JAU consists of a number of personality traits includes individual charm, unusual cohesion, ability to enhance interpersonal relationship and self confidence.


All of these things have been found in the personality of MA YUN. The best thing found in this person is Self Confidence and his ability to enhance long term interpersonal relationship with his employees and colleagues. According to his employees confidence is in the eyes of this person which makes his personality really charismatic and the charisma is enough for the employees to direct their performance. Due to the nature of MA JAU as a theory X manager, his employees are self motivated and confident and have full confidence on his leader. MA JAU always cares for his employee that is why he always uses effective methods of incentives for the employees.


By reading all these discussions do not assume that MA JAU is a soft person who can compromise because MA JAU never compromise on the work and target achievement. He will be very kind and gentle with you if you really want to work with heart or if not then he probably does not needs you.

References


Dereli, M (2010), Different Leadership Styles, John Wiley & Sons Professional Publications


Hellriegel, D & Slocum, J (2007), Organizational Behavior, London, Oxford University Publications


Kippenberger, T (2002), Leadership Styles, New York, McGraw Hill


Lussier, R & Christopher, A (2009), Leadership: Theory & Applications, Pearson Group Publications


Lawrence, J & Gitman. N (2008), The Futures of Business: The Essentials, Prentice Hall Publications


Mehrota, A (2008), Leadership Styles of Principals, Prentice Hall Publications

Leadership is one of the most important things in the literature of management (John & Robert, 2009). According to the organizational officials, management is basically a synergy of 4 things which particularly are planning, leading, organizing and controlling. From the organizational perspective, the brainchild which accumulates and binds each of this concept in a single one is called leadership potential. According to me, if a leader has potential than there is nothing which can stop him from ad hoc growth and prosperity. According to the self insight leadership template, my quantitative result is 3 which means that the leadership style I wish to adopt will come under the ambit of above the benchmark and it’s mean that I have the potential to lead a team in a well professional and ethical manner. This particular interpretation also apprise the reader that how much important is the essence of potential in a leader.


Transformational Leadership Style

Transformational leadership style is a style adopted by the leaders to take out as many work as they can from their employees without any coercive and harsh behavior (John & Robert, 2009). Transformational leadership is basically a style of leadership which shows that the employees are eager towards their work and will give their hundred percent performances without any influence. Due to its effectiveness, I have given full marks (4) in the insight template which shows that the result is above the benchmark.


Charisma in the personality

Charisma is the factor of personality trait which means that the leader has a charismatic and attractive personality (John & Robert, 2009). In the leadership assessment template, I have given 4 marks against this particular question which means that the charismatic personality has a large proportion in the overall leadership assessment.


Communication Apprehension

Due to the communication apprehension, the level of interaction among the leaders and employees will enhance (Armstrong & Baken, 2007). I have given “4” again for this particular element in the template which shows that how important communication is for a leader from the long run perspective of an organization.


Mindfulness

It is a common saying that a fool can not be a leader or manger. Management and leadership is the game of mind (Armstrong & Baken, 2008). By considering the same, I have given 3 marks to this particular element which shows that the result is above the benchmark level of 2.