Introduction IKEA is one of the most well-known global furniture retailers nowadays. It was founded as a small, local business in 1943 by Ingvar Kamprad in a southern province of Sweden (Lewis). By 1956, the company became highly competitive due to a newly introduced ready-to-assemble furniture technology and, because its…
Introduction Investors and entrepreneurs must be aware of specific legal structures and laws that apply to their respective business operations, contracts, and human resource (HR) relations. Proper knowledge of such requirements can inform effective organizational decisions, options, and objectives. Existing laws should be guide issues such as liabilities, employment types,…
Introduction The selection of a business structure is a critical milestone in the creation and development of a firm. This step will determine the responsibilities of entrepreneurs, financial reporting practices, and the ways of raising capital. This paper will discuss the main peculiarities of different business entities. Much attention will…
Introduction This memo is a response to the inquiry made previously about the current state of the law concerning marijuana use in the workplace. I have reviewed some recent and Ontario Human Rights Commission publications to provide relevant information concerning rights and obligations relating to cannabis use. Before delving into…
Legal structures and guidelines are usually put in place to govern business contracts, human resource (HR) practices, and operations. Organizational managers should be aware of such laws if they are to implement appropriate models. ACME Fireworks is a small business enterprise that is planning to expand its operations after getting…
Every Man for Himself is an editorial published on September 28, 2017, in a popular daily Philippine newspaper, “Business Mirror.” This research revealed the influence of developed countries on third-world economies. It is a case study that examines a specific theoretical model of the development of the third world countries…
Goals and Objectives Organizational communication implies an interaction between people at different levels. Internal communication allows building the necessary group dynamics, which will be aimed at achieving company goals and objectives. Such a form of interaction involves the exchange of information that is needed for employees to perform their functions…
Three key developments of industrialization associated with such fields as the science, economy, and law are the manufacturing industry, the shift to the economy based on the large-scale industry, and the labor law. In science, the development of new machines appropriate for manufacturing allowed for focusing on the progress of…
Introduction In a modern economy, any venture that wishes to survive aggressive competition needs to makes an emphasis on effectiveness, quality, and customer relations. High levels of product rejection, returns, and customer complaints indicate a greater problem within the company that needs to be urgently fixed before the revenues drop…
The following analysis of Wilson Corporation’s equity cost and Weighted Average Cost of Capital (WACC) is aimed at determining whether the CEO of the company made a reasonable suggestion to increase the long-term debt and balance debt by 60% and equity by 40%. In the beginning, it is important to…
The globalization process includes an increase in the geographic scope of economic activities of international companies. In today’s marketplace, companies realize that it is important to participate in the international market. Even though supply chains have become more international, they have also become more interdependent. That is why global supply…
The rationale for Choice of Training and Development Sector for Small Business Management in the UK This assessment involves comprehensive research into a small business in the training and development sector for small businesses and producing a portfolio addressing a rationale for the choice of small business training and development,…
The contemporary global business environment dictates which capabilities, talents, and competencies company leaders should have. It is true that expertise and experience are vital to managing organizations well, but they may not be enough. Personal character traits, innovativeness, and inquisitiveness are important for being successful as well. This essay will…
Change is an essential part of any organization. Without progress, a company is doomed to a failure since it is crucial to adjust to the ever-changing requirements of quality, as well as learning to meet the new needs of the target population (Judge, 2013). Therefore, learning to promote organizational change…
Leadership is the ability to lead people through a process of influencing them to achieve specific goals. There is no leadership without followers, as there are no followers without a leader. Followers are simply some aggregate of people without a leader. All members of the group must interact with each…
The state of the American economy is getting closer to full employment, whereas the unemployment rates (as of 2017) remain to be approximately 4.4%. The current unemployment rates are one of the lowest if compared to other unemployment rates of the 2000s. They do not seem to be growing; therefore,…
Introduction Sexual harassment in the workplace is one of the most heinous and underreported crimes in the world. The rising effectiveness of awareness campaigns, the popularity of the #MeToo movement, and the increasing attention from the media and the press have managed to turn the tide and bring about the…
Introduction Unemployment and low wages are the issues of the day in the USA. Despite the fact that official unemployment rates remain relatively low, standing at 4.1% (Paul et al.), the number of individuals being partially employed has increased dramatically. The high-paying end of the labor market enjoys reasonable yearly…
Necessary skills and knowledge Several skills are required for safe and effective work in the foodservice and hospitality industry. In particular, employees of a restaurant should be aware of not only the methods and means of handling, cooking, and serving food but also the responsibilities and guidelines of quality service….
Introduction According to the provided data and analysis, Chick-fil-A is in an excellent position to expand and to improve, becoming a major fast-food franchise. As such, it is in need to adapt a new marketing strategy. It should provide access to the broader audience, as it would improve upon the…
The first option for retention of the customer base is the introduction of coupons and daily deals. This strategy is primarily aimed at price-conscious consumers. The coupons will be distributed directly in the coffee shop. Such a strategy is expected to be highly successful for two reasons. First, the current…
Introduction Upon analyzing the case, alternatives can be proposed for ATB to address the existing situation effectively. In proposing alternatives, it should be considered what different options the company has to deal with the growing competition from mobile parking services providers. Since ATB does acknowledge that mobile parking services will…
Introduction It should be stressed that effective communication skills are important for any person especially in the business setting or at the workplace. They ensure that joint agreement can be met and allow eliminating the possible misunderstanding. Moreover, communication is significant for both efficient management and followership since it promotes…
The topic of the meeting, its type, venue, type of meeting, and degree of formality Meeting topic: “Motivating and Encouraging Newly-Hired Employees.” The meeting will be held in a conference room as one of the series of meetings aimed at employee retention within the company. It is expected to be…
How Candy Crush Makes so Much Money Candy Crush is a smartphone application where the users are challenged to achieve the highest score by aligning matching pieces of candy together, within 2 minutes. Although the game is free to play, the game developers are using the “Freemium” business model by…
While Trimco is QS 9000 certified, its quality control procedure varies. Please find online how QS9000 certification is conducted, and develop a plan for Navistar to audit the performance of Trimco by itself (hint: you may determine whether you want to audit an area which has already been audited by…
Professional Postgraduate Diploma in GRC – Masterclass Evaluation template for Executive Summary Preamble Generali Group is a financial services organization that specializes in the provision of insurance services around the world; therefore, it is open to numerous global risks that can materialize in a wide variety of new and unexpected…
Introduction Global development has an increasing impact on how people work, from determining areas where the demand for employees is high to offering opportunities for international cooperation. Preparing to work in the changing world is one of the central goals of the millennials, as they are required to find a…
Executive Summary The current business plan is prepared to determine the viability and possible success of a new business that will operate under the name Golden Child Daycare. The report begins with the situation analysis which indicates that this business has significant growth opportunities. The company will be located in…
For the team to work effectively, it is important that each member has certain characteristics that ensure coherency. First, each individual should be focused on achieving the concrete result. For example, every person should set corporate goals prior to individual ones. Second, all workers should have an active position. It…
The role of the international HR business Partner in your specific The sphere of human resource management could be characterized by the increased level of attention given to it nowadays. For this reason, some new elements peculiar to it appear. Thus, HR business partners (HRBP) could be defined as specialists…
The Abu Dhabi Stock Exchange Business Model Significant components of ADX’s business model are presented by resources and activities. Nowadays, it has five different trading locations, and it allows the stock exchange to collaborate with clients across the United Arab Emirates. In terms of its labor resources, ADX presents a…
How does Tom Peters describe a brand? Tom Peters defines a brand as “a promise of the value you’ll receive” in exchange for your time or/and money. Every company tries to stand out, showing that only they can satisfy their customers in the best possible way. Nowadays, with so many…
Describe the company and what it does A company may run a great risk mostly when involved in outsourcing its business activities to the outside business world unless the person(s) involved have some knowledge in the game. Employees, whether the subordinates or management team are prone to making mistakes, and…
Introduction Marriott Hotels is one of the best hotels in the US. It offers various goods and services that include fast foods, drinks, and lodge services where customers can get rooms to rest after taking part in heavy duties either during the daytime or at night. The management realized that…
Executive Summary The aim of this report is to investigate the conduct of the team selected to promote the new product that the company intends to launch in the near future. The main particular interest will be the characters of members of the team and the effect of such characters…
Advertising Analytics The modern advancements in computing, communication, and analytics can provide significant benefits to any organization looking to improve its marketing strategy. One of the main barriers to modern analytics comes from the overwhelming amount of data being registered and monitored by various electronic devices. The use of cloud…
Introduction The situation in the Car Wash may lead to its eventual collapse. When employees are not satisfied with their work environment, they will not work to their full potential. In addition, they may reveal the secrets of the business to competitors. When a competitor learns about its rival’s weaknesses,…
Brief description of decision-making Decision-making is in a group is sometimes a complex process that requires wide consultation because a common ground has to be reached out of divergent opinions. Last year I joined a youth investment group and our main aim was to pull ideas and resources together to…
Who are the key players in the industry? Out of the five cell phone companies, two of these hold a larger market share. These are Verizon Wireless, with 32%, followed by AT%T at 29%. They account for 61%, which is more than half of the US’s mobile subscribers. From the…
Introduction Designing an effective logistics network is critical for the success of a firm. Crandall, Crandall, and Chen (2015) define logistics as “the management of the flow of items from the point of origin to the point of consumption in order to meet requirements of customers or corporations” (p. 68)….
Introduction No business operates with infinite amount of resources. All production eventually faces the issue of scarcity related to employees, equipment, materials, and other related costs. Determining optimal operations capacity in regards to costs is paramount to minimize expenditures associated with production and maximize profits in short and long-term perspectives….
Diversity in the Workplace As a registered nurse in Orchard Health Care Center, Alabama, I have witnessed the importance of promoting diversity in the workplace because it affects different aspects of patient-nurse and nurse-nurse relationships. Particularly, I have noted that patients are becoming increasingly multicultural and, as proposed by Beheri…
Introduction The demand and supply equilibrium is the basis of all commercial interactions between consumers and producers. It helps determine the price of products and the quantity available to the market. As a rule, market forces tend to serve as regulators for the fairness of established prices. If the quantity…
Strength-based Leadership I believe that my communication skills and a general sense of emotional stability are two of my greatest strengths. My communication skills are linked to my ability to listen and speak well with my colleagues and patients. They have also been instrumental in helping me to assess patients’…
Introduction Price elasticity refers to “the percentage change in the quantity demanded caused by the price change” (Arnold, 2015, p. 505). This is a key concept in economics and is used by companies and business analysts to predict the impact of price changes on the quantity of products or services…
The cost schedule and output rate Marginal cost is calculated by determining changes in the total cost when the rate of output increases by a single unit (Mankiw, 2016). The fixed cost remains the same for all rates of output. The average fixed cost is calculated by dividing it by…
Introduction Price elasticity is a parameter used in determining the sensitivity of demand towards prices. Price sensitivity in customers can be induced by a myriad of economic factors, ranging from a lack of resources in the target customers to the presence of competition providing similar products. It is one of…
Article Summary In “Working at McDonald’s,” Amitai Etzioni argues that jobs for teenagers in the fast-food industry are highly uneducational and harmful to the future of young people in many ways. According to the author, the jobs that teenagers obtain right after school are often seen as a good first…
How an equilibrium price is set in the supply and demand market Many factors, among them price, population, and income, affect consumer demand for products and services sold in a market. Demand is satisfied either by local producers or importers. The demand curve is downward-sloping, which means that an inverse…
Introduction In the process of rolling out a product or service, the likelihood of dealing with a wide array of leadership styles increases significantly. Therefore, it is necessary to acknowledge this possibility, estimate the most probable outcomes, and outline feasible prevention and mitigation measures. The following paper describes the interactions…
Introduction In the contemporary world, marketing is used mainly to realise sustainable growth, to survive in the local market that is much threatened by global players and also to target international markets that have increased in influence. What is always a fundamental principle in the international market is for an…
Introduction Leadership is not a singular term as it contains within itself a variety of approaches and types of leadership. Each of them holds its own strengths and weaknesses and applies to different types of people. This paper will provide a reflection on my personal leadership approach, and how it…
The Next Big Thing might seem a simple fun game, yet it also sheds light on some of the most challenging business tasks, which is a choice of a possible investment (Hisrich, Peters, & Shepherd, 2017). The activity provided a lot of food for thought about what makes a good…
Job Summary A manager working in a marketing department has to be involved in the formation and shaping of the organization’s marketing initiatives. This is a leadership position that includes people and resources management for the purpose of helping the organization retain the existing customers and attract new ones. The…
Job Summary An indoors job focused on the sorting and delivery of mail that comes in and out of the organization. Mailroom clerk has to work with a variety of kinds of mail. Since this is a large long-term organization, mailroom clerks have to process large amounts of mail. Sometimes,…
Omissions and Occurrences The presented case study describes a situation where an Employee Retention Committee is attempting to have a meeting, but it fails for a variety of reasons. The committee consists of only four people but the organization was mishandled almost completely, and no results were achieved at all….
Balanced Scorecard Shareholder Value In order to retain its position in the target market and remain competitive, the company will have to design an elaborate financial strategy. On the one hand, creating viable financial forecasts is a challenging task in the environment of the global economy, where companies with well-established…
Introduction The following Snooze Thesis represents the overall experience of training for a sous chef position in the Snooze restaurant. In general, I should state that within the period of the training program, I improved my skills in various spheres. These spheres include my experience as a sous chef as…
Introduction Compensation is a significant part of any company’s budgeting plan. This is why it is highly important for an organizational recruiting team to focus on the selection of the best talent but also to take into account the candidates’ requirements in regard to desired compensation levels and benefits. Based…
Introduction In the present situation, I am to perform as an HR Consultant working for a small local hospital, with the task of expanding the workforce of certified medical assistants. The major problem is that three exemplary certified medical assistants who occupy the same positions in the organization are paid…
Exporters typically prefer conservative measures when managing foreign receivables What are the reasons for this conservativism? Conservative decisions are quite typical in the realm of financial operations for numerous reasons, the high possibility of a failure as a result of the lack of proper testing being the key factor. The…
Introduction Management and leadership play an important role in the delivery of good services and the establishment of fair and trustful relationships between employees, their leaders, and customers. Despite the existing differences between leaders and managers, these two strategic concepts have to go hand in hand because good managers should…
Introduction Leadership is a prerequisite of success in any given company, regardless of its size, focus, and market position. The course has provided a significant amount of information on various leadership models and styles that can be used in practice to achieve positive results. Nevertheless, leadership also requires continuous self-assessment,…
Introduction Fiscal policy is one of the main methods of federal and state intervention in the economy aimed at reducing fluctuations in business cycles and ensuring a stable economic system in the short term. The main instruments of fiscal policy are the revenues and expenditures of the state budget, which…
Introduction Cyberslacking is a term that is used to describe the behavior of employees using their companies’ Internet for personal needs during working hours (Lim & Chen, 2012). This issue is among the most widespread and unethical of workplace behaviors. At my workplace, I have encountered an incident that I…
Introduction A learning organization is an organization skilled at creating, acquiring, and transferring knowledge and at modifying its behavior to reflect new knowledge and insights. This means that organizations engage in systematic problem solving, experimenting, and continuously searching for new knowledge. There must also be a tolerance for failure because…
CRM – Provide an example using the CSR (Corporate social responsibility ) Model Customer relationship management is a concept that, when applied properly, creates value for all stakeholders, including both suppliers and customers. However, it also harbors certain ethical issues that may complicate the outcome. The easiest way to illustrate…
Compare information systems in business The use of Information Systems (IS) in business is often a key factor in organizational success. Different classifications of IS exist as researchers identify from three to five levels of the use of data. It is possible to identify three types of IS: transaction processing,…
Promoting the concept of multiculturalism and creating the environment in which decision-making will not be affected by prejudice is one of the primary goals of a modern organization (Brink and Nel 6). Preventing the instances of discrimination is especially important for a firm that has already established a strong presence…
One of the most important pieces of advice is to try and make one practical decision instead of several potentially effective ones. People are constantly faced with various obstacles, choices, and incidents that require decisions. Sometimes it might be overwhelming and disorganized (Collins, 2016). However, successful individuals know how to…
Introduction Change is inevitable. Currently, the world has been reduced to a virtual village due to changes in technology. People from different countries can communicate with each other in real-time due to advanced innovations and technology. A majority of the world’s population can be referred to as ‘digital’ as they…
Introduction In the movie Moneyball, the main story is focused on Billy Beane, a General Manager (GM) of the team Oakland Athletics and his attempt to rebuild the team after a number of unsuccessful games in order to prepare it for the 2002 season (Miller, 2011). During the course of…
Introduction General Motors (GM) is an American-based company that manufactures motor-vehicles, as the name suggests. It is an international company, meaning it has manufacturing plants in various global regions and offices in a majority of the countries (General Motors). According to O’Callaghan, the company was ranked the leading carmaker in…
Static and Flexible budget The budget for National Charter School exhibits a flexible budget. This is because the budget is prepared at different levels that are, a budget for 120, 100, and 66 students. Static budgets show a plan for a single level of activity. Static budgets are used to…
Mental health issues are currently contributing to a high number of ailments such as stress and fatigue, all of which result in employees’ absenteeism and, consequently, poor organizational performance. Managers are bestowed with the power to create an environment that is conducive to all employees. As revealed in this paper,…
What was the problem the business was solving? The article describes the failure of setting up the e-commerce business. Daniel Crenna (2011) speaks about his own experience of trying to create Lunarbits, which had to be a platform for digital goods selling. He faced several problems during the initial part…
Introduction Successful companies implement and upgrade their business models in order to achieve their aims. They consider numerous aspects such as the acquisition of raw materials, production of superior products or services, and logistical operations. This arrangement has made it easier for many corporations to produce quality goods for their…
Introduction This paper presents a comprehensive analysis of factors influencing consumer behavior. Through primary qualitative research, the paper explores customer perception towards different purchasing decision elements such as cost, motivation, brand, decision-making conditions, and post-purchase satisfaction. Research Questionnaire Which item did you buy, and what factors motivate you to purchase…
Innovative idea The proposed idea is an application that can be used to collect data from students through their preferred interactions, experiences, and online behavior and to pair them up with potential employers, particularly in regards to internship opportunities. This is a downloadable app that is suitable for all types…
Executive Summary The present report is devoted to the issues of cross-cultural management in the international business environment and the situations of mergers and acquisitions, in particular. It is argued that cultural adjustment is essential for effective organizational operation in the context of global business. To understand why it is…
Risk Categorization Risk categorization is an important aspect of the risk management framework. For organizations, a risk management framework is the procedure of recognizing and attempting to moderate risk occurrence. Risk can occur in numerous forms, which include integrity risk and competitive risk (Debono 16). Consequently, risk can be inadvertent…
Importance of Operations Management Operations management is critical for any business because it can be used for effective and efficient work that ensures the possibility to meet the overall business objectives and reach successful performance. To prove this fact, it may be advantageous to consider the ways the most typical…
Facts: Engineer A works for UVW Engineering. As part of Engineer A’s activities and employment responsibilities on behalf of UVW Engineering, he attends various conferences and trade shows. While attending a recent conference and trade show at UVW Engineering’s expense, Engineer A won a door prize worth $5,000. Question: Would…
One of the major Drucker’s principles is if something can be measured, it can be managed. However, one may inquire how can time be managed if cannot be precisely measured. This problem inspired the author to keep a spreadsheet to count the number of creative hours each day (Collins, 2016)….
Managers have the role of developing policies, strategies, and tools to enable their companies to attain corporate goals, objectives, vision, and vision. Strategic management is an approach adopted by effective leaders/managers to develop responsive and efficient strategies to make their organisations competitive and increase their sales revenue. The approach aims…
While Trimco is QS 9000 certified, its quality control procedure varies. Please find online how QS9000 certification is conducted, and develop a plan for Navistar to audit the performance of Trimco by itself (hint: you may determine whether you want to audit an area which has already been audited by…
Strategies on the PMBOK Guide The Guide to the Project Management Body of Knowledge creates a temporal framework for project implementation. The major strategies include a WBS, project scope, project requirements, defined activities, activity resources, project timeline, project schedules, and cost estimate. Risk Management Plan Risk management is a procedure…
Unethical Behavior One of the situations, when a company manager behaved unethically, was the scandal with Turing Pharmaceuticals owned by Martin Shkreli. In 2015, the company acquired the rights to manufacture Daraprim intended for people infected with HIV. As a result of the transaction, the company received a monopolistic right…
Abstract This study has aimed to scrutinize the emergence and progress of the roles of online marketing for Heritage Visitor Attractions in Malta by coordinating with the national economy, local market trends, and ICT skills of the human resource by taking into account customer’s motivation to the new technology. With…
Abstract The current dissertation proposal offers to investigate several success factors for small and medium-sized enterprises in fashion retail business in the UK. These factors include the skills and qualifications of business managers and owners, the funding, the customer service strategies, and the ways to obtain funding for new businesses….
Introduction The following paper analyzes the business plan presented by Romastrano Incorporated, in an attempt to attract investors and raise 500,000 dollars in order to open 36 more operating units in the next year and help expand the sandwich-selling franchise into the region. The chain produces famous Italian submarine sandwiches…
The stock market and the sphere of securities are areas that can help to make a good profit if the participant is well aware of all their features. However, without the relevant knowledge and reliable information on the nuances of buying and selling stocks, a newcomer can waste money. An…
Introduction Based in Dubai, Arabian adventure is part of Leisure Management division and destination of Emirates airlines. It has major offices in Abu Dhabi and Fajita with associate companies based in the gulf. The company has more than 300 qualified and professional staff employees who provide professional services ranging from…
Introduction The two most prevalent forms of company ownership in the world are private and publicly owned enterprises. Each form of a property provides its shareholders and the company with certain advantages and disadvantages. Privately-owned businesses usually make up for the majority of the small and medium sectors, whereas many…
Executive Summary It should be emphasized that all the course assignments and theories have improved or expanded my understanding of managing people and reinforcing collaboration strategies. Nonetheless, certain assignments have been of particular importance for me such as the discussions in “How Do Great Managers Give Constructive Feedback?” (in Week…
Introduction Walmart’s current approach toward its value chain management can be regarded as directed at international expansion. Specifically, the inbound and outbound logistics of the company have reached the global level, the company having thousands of suppliers all over the world (Nguyen, 2017). In order to enhance its performance rates,…
Executive Summary All I Know Is has been successful in entering into the extreme sportswear industry. Not only does it organize and host extreme sports, but it also manufactures and sells the sportswear used by the players and fanatics. Using social media marketing has helped the firm create publicity. However,…
Executive Summary This study aimed at examining the relationship between communication, as an independent variable, and job satisfaction, as the dependent variable. The study analyzed previous studies on communication and job satisfaction in a bid to establish any relation between communication and employee job satisfaction. Also, the study looked at…
Application and Asset: Description Retaining competitiveness in the environment of the global market is a challenging task. At Walmart, the focus on integrating IT assets into the framework of the organization and focusing on their regular update can be seen as the crucial strategy of the organization. At present, it…