11319 samples of this type
Company Overview Business Overview Delta Air Lines Inc. provides air transportation services both in the US and internationally, operating in two segments: Airline and Refinery. The company’s key locations are situated in core hubs, including Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City. As for the international networks, Delta Air...
Fixed vs. Variable Costs A company incurs costs during the production of its products. The costs that go into a product can be classified as either fixed or variable. Fixed costs are expenses that do not change over a period of time, irrespective of the volume of the output. Examples...
The mission is the organization’s purpose that distinguishes it from other companies in the market. Thus, the company’s mission should answer three questions – What does the company do? How does it do? For whom does it do? In turn, the organization’s vision answers the question “What does success look...
Introduction Evolving globalization trends have significantly contributed to major changes in the fields of business and economics. The effect of recent technological advances is evident as well, with banks becoming more dependent on online systems. As a result of accidents and faults in the mentioned systems, unplanned events eventually cause...
Introduction On the surface, leadership in the hospitality sector has very few distinctive features that make it any different from leadership in any other domain. Indeed, like most other industries, the hospitality sector seeks primarily to promote innovation (Shariff et al., 2020). However, several specific characteristics that make the hospitality...
Management accounting is the task of the financial service of the enterprise: the financial manager or the financial director, but in many small and medium-sized companies, this function is assigned to the enterprise accountant. Financial accounting is regulated by documents and collects information necessary for the preparation of financial statements...
Introduction Decision-making methods in business, as in any other industry, are a multi-criteria task, often requiring preliminary and subsequent assessment of all possible options. The complexity of each case is determined by many factors that must be considered in the proposed solution. An incorrectly made decision can lead to various...
Mapping Sociotechnical System Note: Red boxes include people inside and outside of the organizational system, green boxes – related organizations, and blue boxes – technology. The systems map presented in Figure 1 shows the crucial elements within the company and the external elements that may affect its business processes. It...
Internalization is the process of businesses entering international markets. It is a crucial strategy for companies that strive to increase their influence and revenue globally. Different companies consider various internalization models to reach the highest degree of sustainability in different cultures and industries. Several internationalization theories explain the process, but...
Tesla is a unique company in many ways, and this uniqueness also extends to its organizational culture. In particular, Tesla, unlike most companies of its size, does not have a well-known management structure. There is no organizational structure or a public list of senior executives; however, the organizational structure of...
The profit planning system at McDonald’s comes down to turnover and guest count planning. Planning is an estimate of future turnover and guest count based on current trends and past data, such as seasonal events and programs that have been held in the past. It is very important to plan...
Difficulties in negotiations are often due to differences in national cultures. German and American business cultures both fall into the category of low subtext in communication, with little or no regard for hidden meaning (Meyer, 2019). That is why I decided to choose Germany for the company’s new venture, and...
The most challenging SWOT categories are usually categories of threats and opportunities. On the one hand, people are often aware of the threats, because they naturally focus their attention on potential risks more than on the positive aspects (Capacity Consulting, 2018). On the other hand, it is necessary to look...
Introduction A crisis is any event or action that can negatively affect the reputation of a business or undermine the credibility of the market, customers, and partners. A crisis manifests itself precisely when we are not expecting it and are unprepared for it. It is for this reason that the...
Executive Summary Vinted is a Lithuanian second-hand clothing retail platform with a presence across Europe as well as in the United States and Canada. It has expanded dramatically throughout 2020, due in large part to the suitability of its business model to the COVID-19 situation. The company is currently working...
The heuristic model is one technique that businesses can use to solve their planning and scheduling issues. It can be defined as an approach to problem-solving that utilizes “rules of thumb” to create a feasible and quick but not optimal solution to a problem and obtain fast results (Langley et...
UNESCO is a huge global organization, which promotes cultural, educational, and scientific development. It promotes important missions, which are aimed to benefit world society. Collaborating with the majority of existing countries, it has field offices in different parts of the planet. In Saudi Arabia, UNESCO actively helps preserve historical documents...
Introduction Identifying the target market is vital because knowing the customers will allow the company to sell its products or services effectively. When producing the product, the company should consider consumers’ needs and preferences (Asdi & Putra, 2020). Identifying and analyzing the target market of Samsung will help the future...
Introduction Management is a complicated process that consists of various activities, including organizing, planning, directing, staffing, and supervision intended to achieve organizational goals. In this regard, diverse concepts and practices have been developed to improve the management efficacy and the overall performance of a company. This paper aims at describing...
Job Description Administrative assistants offer administrative and clerical tasks to managers, workplace employees, and visitors. The administrative assistants handle all the tasks to ensure productivity and positivity of the organizations. The prospective candidates must be able to help managers, other employees, and company visitors. The candidates should provide polite and...
Introduction Furbo Dog Nanny is an artificial intelligence-based service which helps pet owners to facilitate the process of caring for their animals. Officially manufactured by an American start-up referred to as Tomofun, the former is a global-based firm specializing in developing pet technologies (Wood et al., 2017, p. 442). This...
Assessment The Arab model of business management is molded by their national culture. For this reason, the Hofstede five-dimensional model is the most feasible cultural framework to use in evaluating a Coca-Cola company in the UAE. In Middle East countries, family is the basis of their social structure (Browaeys and...
An agent is a person who officially represents and acts on behalf of a principal in cases where third parties are concerned. Ekanem (2020) states that “the function of the law of agency is to enable agents to bring commercial parties into contractual relations to render the parties liable on,...
Introduction Conflicts are frequently perceived as an unavoidable negative aspect of personal relationships between people that could have adverse consequences. Even though the aspect of conflicts being an inevitable component of people’s relationships is sourced in a sociocultural character of human nature, it does not necessarily have a negative character....
Introduction A variety of similar patterns can be observed across the large-scale companies in the modern business environment, particularly in the area of budgeting and organizational financing. Provided the companies are operating within the same economy and industry, they are subjected to an identical set of laws and regulations, as...
Introduction The theory of scientific management was published by Frederick Winslow Taylor at the beginning of the 20th century. At present, the principles of scientific management introduced by Taylor are called “Taylorism”. The concept of this theory is different from traditional management methods based on initiative and rewards. It is...
A decision matrix is an invaluable tool for companies looking for ways to maximize efficiency and determine the ultimate improvement option which will deliver the most benefit. Yet, it can be applied in numerous other scenarios and situations (“What is a decision matrix,” n.d.). For instance, when a company is...
Marketing is a fundamental component that contributes most to the development and extension of business regardless of its size, whether large, medium, or small. Thus, market analysis is needed to recognize the purchaser’s behavior and market conditions to adapt valuable insights on the market trends upon further business development (Clarke,...
This new energy drink aims to cater to the consumer’s demand for healthier options with less sugar and caffeine. Moreover, this beverage is manufactured in a local community, which is another selling point for conscious customers who want to support local brands. Some issues include intense competition in the market,...
Logistics networks are the backbone of contemporary global commerce. They keep Nestle Bangladesh in business by facilitating the movement of raw materials to processing factories and finished goods to the market. While logistics networks facilitate the movement of goods, its transportation, inventory management, goods handling, warehousing, order processing, and packaging...
The Market The Australian biscuit market is facing rapid growth due to the changes in preference for snacks. Relevant sources have projected the consumer market of the Australian biscuits to rise to an average of $4 billion by the year 2025. The market recorded a 2.2% growth rate from 2010...
With a comprehensive and pervasive digital revolution, as well as demographic and socio-economic transformations, the most urgent issue is the development of new business models necessary for adaptation to a new intellectual environment. The impact of current drivers of change on the development of the economic system needs to be...
Every organization seeks to have managers who can drive the organization towards the achievement of its objectives. They want managers who can successfully plan, organize, lead, and control the organization’s operations (Gitman et al., 2018). I have encountered a manager whom I consider an effective manager because of the way...
The Qantas Airline of Australia is the most prominent airline in the country as far as fleet size, international flights, and worldwide destinations are concerned. It is also the 3rd oldest airline company in the industry after Avianca and the KLM. It was established in 1920, and its headquarters are...
It is important to note the fact that leadership plays a major role in society. The main reason is that it is a core element of any organization, including private, public, for-profit, or non-profit. However, a leader can utilize a different range of approaches in order to lead his or...
The Walt Disney Company is one of the most popular companies that offers entertainment in the form of theme parks, shows, series, merchandise, and movies to its customers of different ages. The company was founded in the 1920s as a cartoon and animation studio, and, after that, it experienced an...
Introduction A meeting is a gathering of two or more people aimed to discuss a topic, often in a formal or business setting. The effectiveness of a meeting is determined by its agenda, the role of the meeting’s leader, and the environment. To organize a successful meeting, the person responsible...
Introduction Sustainability is one of core Volkswagen’s business strategies for future growth and development. The company has set strong and measurable goals for decarbonization, responsible supply chain practices, e-mobility, and digitalization (Diess & Osteloh, 2021). The company is faced with multiple threats to its financial well-being and has incurred some...
Abstract The effective management of transportation and logistics systems is crucial for the success of businesses and the economy. However, managers in this field encounter many challenges leading to delays, rising costs, and overall business inefficiency. This paper aimed to identify the challenges faced by transportation and logistics management. The...
Overview of the Company: China and United States Apple Inc. (also known as AAPL.O, or simply Apple) is an international company from America, which specializes in technology. The enterprise’s hardware production focuses on the iPhone smartphones, Mac computers, the Apple Watch smart-watches, iPad tablets, the iPod media players, as well...
The Nature of Negotiation in the World “Negotiations” is the dialogue between two or more parties that may occur at both the individual and organizational levels. The purpose of every negotiation process is to reach an agreement concerning a particular issue that should result in individual or collective benefits. According...
Introduction Tencent is a Chinese multinational company situated in Shenzhen, China. The company is a technological conglomerate and works both domestically and abroad to bring innovation and improvement into people’s lives (Tencent’s Innovation Strategy 2020). Founded in 1998, its influence has significantly spread throughout the world with the popularization of...
Corporate Social Responsibility (CSR) has been anecdotally considered to provide organizational performance advantages in the contemporary market. However, the majority of the studies conducted on the impact of CSR have been rather focused on organizational performance, with little other mediating effects considered. Fewer studies still have been conducted regarding companies...
Introduction There are different approaches to country risk assessment. Qualitative analyses include aspects such as legal and political risks that require analysis of qualitative data. Financial institutions that utilize qualitative analyses include COFACE, EIU, and IIF among others. Conversely, the quantitative approach involves econometrics, analytical, ‘Logit’ and non-linear conditional analyses...
The use of cell phone innovation can be viewed as one of the creative approaches to assist organizations in improving their business execution in the global market. The business exercises of an organization for all intents and purposes utilizing data innovation are known as e-commerce (Veronica, 2018). B2C internet business...
What does “agency problem” mean? Agency problems are behavior issues that arise out of the formal separation of management and ownership of a professionally managed company such that they form the key determinant of the capital structure and the distribution of policy decision. In this case, shareholders are twisted by...
It is expected that the implementation of this marketing plan will lead to the following key results. Increase in the number of customers with children. A more engaged following on digital platforms, particularly Instagram and Tik Tok. This marketing plan will use multiple marketing strategies and activities for Tim Hortons’...
Tropical juice manufacturing company is an institution involved in producing and processing freshly blended fruit such as mango, passion, apple, among others. The firm produces a non-alcoholic beverage made from original tropical fruit rich in nutrients and vitamins essential in boosting the body’s immunity (Anjum et al. 2). The brand...
Introduction The evolution of e-commerce has undergone several stages, from being a novelty that lacks security and efficiency to an integral part of a modern person’s life. Some researchers focus on how consumer preferences changed the perception of shopping, leading to more retailers developing their online shops. This paper aims...
The facts of the case – i.e. what the case is about and the related issues The case is an application about the redevelopment of the site which is the original shopping center and its additional land. There was proposed a commercial development with car-parking podium and residential development including...
Introduction The year 2009 was marked by the resonant case of the investment advisor Bernie Madoff who admitted to committing eleven federal crimes and received a 150-year prison sentence. The convict ran the biggest fraudulent scheme in the history of the United States known under the name of the Ponzi...
Introduction Organizational development (OD) is a significant, science-based, and practice-oriented process that helps an organization build its capacity to change and attain heightened effectiveness levels. It can be made through the development, improvement, and reinforcement of organizational strategies, structures, and processes. Orpen (1997), Clifford, and Thorpe (2007) stated that organizations...
The current trends, outsourcing and offshoring, affect the business activity of the present-day companies. The former means an organization’s initiative to send the work to be done outside of firm. The latter is sending work overseas to other companies or their own branches in other countries (Collins, 2020). According to...
Introduction Bank of America’s (hitherto will be referred as BOA) management governance design facilitates it to administer all chief features of their business through review and planning process that involve risk, strategic, associate, customer and financial planning. BOA is able to enhance its profitability by administering risks on its client’s...
Introduction Samsung is a large business conglomerate that operates in different sectors, such as finance, advanced technology, and plant construction. This paper will focus on Samsung Electronics (SE), which is a flagship company of the chaebol. The South Korean multinational enterprise is well-known for its rivalry with Apple in the...
If I were to start my own business, I would choose sole proprietorship as the best business structure for a start. Its advantages are ease of organization and low organizational costs. It is the most convenient structure for a small business in terms of taxation and less risky than a...
Introduction Negotiation is a process in which two or more parties with attached interests on a matter at stake attempt to reach a common ground of binding behavior that is beneficial to both parties involved (Nieuwmeijer, 1992). Negotiation is appropriate in a situation where a dispute exists between two or...
Introduction A market is a system facilitating the exchange of goods, services, and information between its participants. This system is strongly influenced by market leaders, which can be a product, a brand, or a company with the highest percentage of total sales revenue. When there are market leaders, there are...
The book called “The 7 Habits of Highly Effective People” by Stephen Covey is one of the best selling motivational books for businesses. The book discusses seven basic behavioral paradigms that are ought to help companies to grow. The author proposes that the right attitude towards life is the key...
The first article I wish to summarize, “Behind the Counter at McDonald’s”, concerns Robin Leidner’s research conducted about the employees’ alienation due to the routinization of work. The author did a participant observation at McDonald’s as a model of formal rationality and standardized rules. The observation has shown that the...
The article by Burt Nanus (1992) discusses visionary leadership and how organization leaders can re-vision for a sustainable and competitive future. The author acknowledges that every business manager needs an idea on which they can focus all their attention to implementing it and emphasizes on prudence in the process. Indeed,...
Introduction Business organizations need to implement superior measures to improve their operations and maximize profitability. The selected company that can benefit from a new strategy is General Motors (GM). In 2014, this organization had a scandal that exposed the major challenges that were affecting its business operations. This project presents...
Introduction The contemporary business world constantly goes through significant advancements and requires organizations to adapt to various changes. Companies no longer feel that their only aim is to fulfill the needs and desires of the clients but realize that creating a positive working environment determines the success of their operations....
Introduction Economies of scale widely imply the cost-related benefits a firm realizes from an increased level of output. The benefits usually occur from the inverse relationship between unit fixed cost and total output. The rationale is that as more units are produced, the fixed value attributable to each segment diminishes...
The selected video is What will future jobs look like by Andrew McAfee, which focuses on the potential ramifications of automation. The reason why the given TED talk provides the most comprehensive answer is the use of data on two types of human capital. The author suggests that structural unemployment...
Introduction The main goal of any company is to obtain a consistently high return on invested capital. For investment profitability to be higher than that of competitors, the competitive advantage over them must be stable; in other words, the quality of goods and services provided to consumers must be higher....
Introduction The Davis Service Group Plc has been successfully expanding its operations in most parts of Europe through acquisition and organic growth. Consequently, it has turned out to take leadership in the textile services industry throughout the continent. The company has identified an opportunity in the Australian market for its...
Introduction General Motors (GM) is a symbol of the American automotive industry and culture. It is known for an exceptional quality of manufactured automobiles as well as a high level of competitiveness and significant impact on both national and global vehicle markets. GM was founded in 1908. Since then, it...
At-will employment is defined as such relationships between an employer and employee in which the latter could be dismissed without any warning or valid reason. The proponents of the at-will employment doctrine argue that it is beneficial for the worker to the same extent as for the employer since the...
The role of HR managers in an organization is difficult to underestimate since they manage the company’s most valuable resource – the workforce. Effectively managed employees are committed to their organization and do their best to help it achieve its strategic goals. To succeed in human resource management, HR professionals...
There are many ways of presenting information about a factory or a company in the business environment. Most of the companies resort to compiling a business report, which is an evaluation of a specific issue or financial transactions that relate to the performance of a business (Gray, 2019). Others recur...
Introduction Heineken is one of the world’s largest brewers of beer and cider, in large part due to its business strategy. It pursues a cost leadership approach, providing a diverse selection of beer of both inexpensive and more premium varieties to customers. As a result, its brand is well known...
Introduction One of the main goals of any business is profit maximization, and one of the principal means of reaching that goal is setting an optimal price for its goods or services. However, the considerations that go into determining this price depend in large part on the market structure. Different...
Key events surrounding the case Barry Minkow learned the carpet-cleaning business from his mother and proceeded to establish his own company, ZZZZ Best Co., at the tender age of 16. However, the capital was a major issue and he soon started undertaking credit card forgeries alongside other frauds that provided...
Introduction Managerial accounting is concerned with supporting managers’ decision-making using financial data. It can help managers to understand current performance, anticipate and plan for financial risks, and achieve organizational goals. Bankruptcy is a particularly important concept in this area of accounting since predicting bankruptcy in advance can aid companies in...
Introduction According to Anderson (2010, p. 28), “internationalization is one of the most important and pervasive forces that reshape the competitiveness of business environments”. It has largely shifted the basis of competitiveness in companies and makes it necessary to understand global regions as one vast market (Forsgren, 1999). Internalization has...
Introduction Tesco plc is an international company that deals with general merchandising and grocery. The company is located in United Kingdom (UK) and it has been ranked as the third-largest merchant in the globe, after Carrefour and Wal-Mart. Tesco has the leading market share in UK (approximate 30%) and it...
Introduction Borders Group was started in 1971 by Louis and Tom Borders. The company began as an independent used bookstore in Michigan together with a book wholesaling business named Book Inventory Systems. The company’s first book superstore was opened in 1985 following several years of ongoing regional expansion. Over the...
Introduction Looking for a new job can be a difficult and frustrating task. One should pay attention to a lot of moments that influence the choice. Considering a new position is a time-consuming mission. Everyone must be sure that he or she has not wasted time for vain thinking. All...
Introduction Coco-cola in the current age has been synonymous with soft drinks, and they provide much enjoyment and freshness for people during leisure hours. The various enchanted experiences by the individuals had made the drink a universal brand among the soft drink industry. The coca-cola belongs to an iconic category,...
Introduction Each report addresses certain needs of an entity. This report is particularly prepared in the interest of a bank that is planning to increase and improve their sales performance. The main aim of this report is to provide an opinion on how sales should be improved to a certain...
Technology Solution Today, businesses are not only using mobile apps to deliver goods and services to their customers but also to increase their returns on investments. Many businesses are rapidly coming to the realization that their can effectively interact with their customers through the use of mobile apps. This is...
Outline Global operating companies are always facing financial risk related to currency volatility. It affects all aspects of the global companies. Global automobile industry is a major industry which is affected crucially by the currency fluctuations. In this case study, the foreign exchange risk management strategy of BMW, a major...
According to Hard rock café (2001), Hard rock café does embrace the process focus strategy whereby all the facilities are centered on a particular kind of the activity or the process. These are restaurants and their concern only lies with the catering for the welfare of the paying clients who...
People often consider human resource management and personnel management to be the same thing labelled in different words. However both are significantly different in terms of their approach, their scope and their philosophy in management. Personal management is an approach of managing the employees of the organization through administration. The...
Introduction The airline industry exemplifies the effectiveness of e-commerce and the way technology can re-create the industrial structure. Today a traveler from New York can book a return flight from New York to London, a car on reaching, and the hotel room. The traveler on reaching the airport can get...
Introduction Organization Development refers to the evaluation and change of the strategies, processes, and structures of an organization in a bid to improve the performance of the organization and help in the development and contentment of its employees. It may involve things like coaching, work-life balance, leadership development, performance management,...
Monopoly paved the way for competition in the global market. Competition has made companies restructure their management systems so that they can come out with a more improved and competitive product. Marketing strategies have evolved for companies to stay ahead of the competition and this is where replicas have emerged....
Business ethics is the business way of doing things within its environs and when interacting with the world as a whole, or with a single customer. Good and admirable business ethics should be observed in every business, some businesses have been fined for not following their intended business ethics (Brennan...
Life of people is full of mutual relationships which then define the roles of the people in the community and the further implementations of their talents and abilities. Such approach tends to realize the levels of different people in social, financial and at least societal attitude. Though, the concepts of...
Personal branding has become a trend and the debate about its importance has increased. Groskop (2008) and Arruda (2003) present their opinions about this issue. Groskop is of the opinion that for people to be successful in the 21st century they need to considers personal branding. Arruda believes that a...
Introduction To begin with, it should be stated that the approaches towards global staffing are generally identified by the allover HR management strategy, accepted by the company. HRM, in its turn, is based on the business aims and goals, which are defined by the external marketing circumstances. In the light...
Executive Summary This research study is concerned with the role played by information systems management within an organisation. The company under exploration, in this case, is Infosys Solutions, an information system management company that provides information systems solutions to government, corporate and individual organisations. Following a brief description of the...
Introduction Some companies prevail over their competitors. Businesses are aware it is not a matter of luck, but success in business organizations is a product of many factors, the most important of which is careful and honest planning and implementation of company strategies. Strategic management is the work of the...
Introduction The success of an individual and/or an organization to some extent depends on the individuals and/or the leaders in the organization. Strong leadership will develop a strong organization in terms of organizing resources for its own and people’s benefits. Leaders are important in influencing the organizations through decision-making and...
Marks & Spencer (M&S) is one of the major UK retailers, that have a great chain of over 840 stores in 30 regions around the globe and they have over 600 domestic and 285 international stores. Marks & Spencer is commonly renowned as the major clothing retailer of the United...
This week has been very rewarding for me in the sense that I have been able to learn about something which I have always been interested about. This is the concept of franchising and the importance of service delivery systems in franchising. I know that franchising is an extremely powerful...
Product Description The product selected for marketing is a blood pressure device. The uniqueness of this medical product is that it can be used at home and by all family members. This product can help a person to control and monitor his condition and prevent possible problems caused by hypertension...
Organisational behaviour study is a discipline that is gaining more and more important because organisations are becoming larger and more complex now than ever before. Even though human behaviour inside organisations have been studied since the early days of the industrial revolution, most of these have focused solely on improving...
It is a common belief that leadership is important for organizations and societies to function. Leadership is an overall activity that is visible in people and even animals. Whereas it is easy to identify leadership in a situation, it is difficult to define it precisely (Avery, p.4). There is no...
Introduction British Petroleum – BP ranks third among the worlds largest producer of ol and natural gas. The organisation is among the top 6 energy sector companies and is active in the oil and gas exploration, petroleum products refining and marketing and non conventional energy systems. For the year ending...
Introduction In recent times, the construction industry in the Middle East has been facing the risk of rising labour cost and labour shortages, which in turn is squeezing up the smaller contractors. It has primarily been driven by an elevated liquidity environment because of high petroleum revenue, the government’s idea...
Introduction Corporate Social Responsibility, also known as corporate citizenship, results from business organizations considering societys interest and taking responsibility for all the impacts, whether negative or positive, of their activities on their employees, customers, communities, shareholders, suppliers and the environment. The responsibility in this case extends the legal obligations aimed...
Effective HR planning is paramount for the development of organizations’ human capital. At the same time, as stated by Booth (n.d.a), “the success of many HR activities relies on effective collaboration” (para. 1). When performing a wide range of those activities, starting from the formulation of recruitment objectives and ending...
Introduction In the industry of auto manufacturing, Toyota is considered as one of the most admired and highly emulated. In Asia, Toyota ranks as the biggest car manufacturer. The cars that Toyota produced have encompassed almost all the regions in the world. Toyota has successfully competed with car companies in...
Introduction Traditionally, the duty of company’s management is to improve the financial welfare of the shareholders of the company by maximum profits provided it is under the law. This is the canonical law and economics account (Elhauge: 2004) Companies are therefore liable for any act(s) that causes more that usual...
The character serves as the borderline between personality and experiences. Though the character is usually considered stable, psychologists perceive that every individual is susceptible to being nudged by their environment (Porcelli, & Delgado, 2017). Therefore, no aspect of human life is regarded to be fully independent of poor judgment. According...
Introduction Control and risk frameworks enable entities to evaluate risks to ensure that their process is conducted effectively and efficiently. The Committee of Sponsoring Organizations (COSO) framework was founded in 1985 to back the National Committee on Fraudulent Fraud Reporting (D’Aquila, 2013). It was later updated in 2013. The framework...
Abstract This paper explores the marketing tools and techniques used by IKEA, a global retail company that has an excellent reputation and is favoured by many customers. The analysis is based on a wide range of marketing concepts, which allow painting a comprehensive picture of all IKEA’s activities related to...
Introduction Marketing remains a central function in any organization that intends to remain successful in its sector and achieve every outlined goal. The presented case study explains how the New York Yankees have merged professional sports with appropriate business practices in an attempt to remain successful in the sports industry....
Linear Programming Operations Management: Summary Linear programming operations management is a mathematical strategy that is employed for arranging scarce or limited resources effectively while performing various tasks. It is also a technique that organizations can use to achieve profit by reducing the costs of any price. There are two functions...
The Porter’s Five Forces model can be used to evaluate the present competition in which Texas Roadhouse, Inc. operates to enable it to build a sustainable competitive advantage. The threat of New Entrants High capital requirements in the restaurant industry, thus, make it challenging for new entrants to establish businesses....
Introduction The fashion industry is one of the most competitive yet very lucrative businesses in the developed economies. According to Kingsnorth (2019), it is estimated that about 1,875 fashion retailers in North America and the European Union were forced to shut down because of their inability to sustain their operations....
Introduction Any organizational changes in firms of various sizes require preparation and appropriate planning aimed at analyzing the progress and potential outcomes of interventions. In order to implement the necessary programs, leaders, as a rule, resort to relevant strategic decisions associated with the phased reorganization of specific areas of activity....
Introduction The concept of management is often conflated with the phenomenon of leadership, which makes the role of a manager in an organization quite obscure for an uninitiated person. However, on closer inspection, a manager performs a range of set functions within a corporate environment, ensuring that a company delivers...
Executive Summary This report focuses on an analysis of the macro-environmental situation in the Romanian market. The findings were obtained by utilizing the PEST and SWOT analysis tools, as well as Geert Hofstede’s paradigm of cultural dimensions, to investigate political, economic, social, technological, and cultural factors. It was found that...
Contemporary economic development is under the significant influence of innovation. New technologies provide companies with outstanding opportunities to improve their performance and achieve sustainability. One of the industries that benefit from technological advancement in aviation. This report focuses on innovative aspects in the activity of Abu Dhabi Airports, one of...
Executive Summary Comfy Heels is a new footwear company. Its goal is to create camel leather high heel shoes for women who want both comfort and fashion in their footwear. Camel leather products are extremely durable but can expand around the foot of the wearer which prevents pain and discomfort....
Introduction The Federal Express Corporation (FedEx) is an American company that operates in the field of delivery services. The company is distinguished by its overnight shipping and the introduction of tracking technology that allows monitoring the delivery in a real-time manner. The philosophy adopted by FedEx is based on the...
Results This study is based on the data obtained through a survey that involved 23 volunteering participants (13 males and 10 females). The age of the people who completed the questionnaire ranged from 18 to 35, so the research reveals the views of young adults and adults. The participants were...
Introduction Nowadays, due to the globalization and development of economic relationships, every organization should follow certain strategies in order to stay competitive in the market. It is also significant to analyze the strategies that are used by companies to assess where an organization stands, what measures bring advantages, and what...
Why has Walmart viewed international expansion as a critical part of its strategy? After its incorporation in 1962, Walmart was growing and expanding at a rapid pace. The company was able to gain a significant competitive advantage and outdo its contenders due to its high levels of service, well-established and...
The best-matched lifestage group is The Cosmopolitans: Upscale Younger Family Mix which belongs to the urban uptown social group and the midlife success lifestyle group. This group can be predominately found in major metropolitan areas and regions known for high economic success. There is a significant number present of this...
IKEA Strategy Analysis: 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...
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...
Introduction Lego has been a global household name for quite a while. The company has introduced a line of unique toys and has become a global brand with an easily recognizable image. However, because of some of the flaws that could be defined as inherent to the company’s current business...
Introduction Sweeping demographic shifts, technological advances, competition, geopolitical realignments and other related pressures are combining with security concerns, changing customer preferences, expansion urges and organizational governance to generate momentous pressure for organizational change (Kotter 96; Howard 3). A diversity of studies (Haveman 20; Kotter 97; Amburgay 55) have found that...
How does Walmart Stores organization involve its stakeholders in decisions? Unlike other organizations, which tend to focus on a single type of stakeholders and make important decisions based solely on the profitability of the company, Wal-Mart invites all stakeholders to participate in decision making. According to the company’s policy, it...
Identify and discuss some of the cultural meanings for Sony possessed by consumers in your country. Discuss how these cultural meanings were developed and how they influence consumers’ behaviors (and affect and cognition). What is the role of marketing strategies in creating and maintaining (or modifying) these cultural meanings? Sony...
Introduction Background Information The Abu Dhabi government established the Masdar Institute as an independent and non-profit research-driven graduate university in 2007. The entity is dedicated to the provision of higher education and research in advanced energy and sustainable technologies. The Massachusetts Institute of Technology (MIT), through partnership initiatives, plays an...
Assignment Corporations are a business form in which the owners are not involved in the day-to-day running of the business. This explains the phrase ‘separating ownership from control’. A management team is put in place to run the business profitably (Hooper, Davey, & Presscot, 2009). This team includes specialists such...
Introduction and Rationale This year I am looking forward to sharpening my leadership skills; I decided after learning that leaders can be made. I have also realized that people can develop good leadership skills if they desire and have the will power to do so. Effective and successful leadership skills...
Stan Shih along with others founded a company named Multitech International in 1976 with $25,000 and 11 employees (Acer group, 2009). The intention was to contribute to the society through sharing of knowledge and they played a significant role in popularising the role of computers in Taiwan. During the same...
Human Relations Human relations is the management process that involves bringing the activities of workers to match those of the organization. It also involves ensuring the individual employee objectives, goals, and those of the organization are achieved. While the organization is concerned with goals such as profit-making, growth, and survival,...
Reflection: Job applicant Interviews are part of any professional’s life. When undertaking an interview, the first impression of the person being interviewed is very important. It determines whether a person will pass the interviewee or not. The person should be calm and respond to the questions as effectively as possible....
Background Information Cathay Pacific Airways is a world-leading airline carrier and is the flag carrier of Hong Kong. Although the airline’s main hub is at the Hong Kong International Airport, their head office is located on the 33rd Floor, One Pacific Place, 88 Queensway, Hong Kong (Cathay Pacific, 2011). Founded...
Business Strategy Question 1 Critically analyze the resources and competencies that a company in the video game consoles industry needs to possess to achieve a competitive advantage. Discuss and justify your arguments. To gain a competitive advantage in the video game console segment, a company needs to adopt strategies that...
The senior management teams are composed of the executive members of an organization having the top-most rank in the organization. They have the role of leadership and management within the organization. The role of management is achieved when the team plans, organizes, directs, controls, and staffs all the resources of...
Introduction In his influential book on the learning organization concept, The Fifth Discipline: The Art & Practice of the Learning Organization (1990), Peter Senge establishes the basis from which businesses have the opportunity to develop and flourish. Peter Senge, argues that in the contemporary complex world, organizations have to be...
What is the purpose and mission of a PMO? The PMO mission of AtekPC had been growing slowly since 2006, when it began. A year later, in spring, the purpose was still not clearly visible. This is because the documents highlighting these functions did not exist. The initial function was...
Does the firm have resources (tangible/intangible) or capabilities that give it a competitive advantage? Microsoft is a company based in the US that manufactures and develops software products for the use of computers. Some of the software it develops includes; operating systems, server applications, business solution applications, information worker applications,...
As a division manager, how might the finance department help you to complete the duties of your job? The significance of the finance department cannot be overemphasized. Apart from the input of the skills that are required to steer a corporate body ahead, there is a need for finances to...
Introduction Leadership is one of the primary skills that every entrepreneur and manager is obliged to develop for an appropriate organisation of one’s business and other processes that might be related to teamwork. Leaders also must have professional skills in scheduling, time management, allocation of resources, and delegating responsibilities among...
Executive Summary Strategic analysis entails research to explore the environment under which an organization operates. It is an effective method of testing the efficiency and effectiveness of an organization’s strategies. This paper discusses strategic analysis and its importance to organizations. A case study is done on Arabtec to apply the...
An Overview of the Marketing Campaign The campaign Dove Real Beauty Sketches seeks to raise self-awareness among individuals with regards to their physical appearance. The campaign is alive to the fact that many people have low self-esteem when it comes to appreciating their beauty or physical endowment. The message transmitted...
Introduction The productivity of a company is dependent on its ability to proactively organise its human resource management strategy. As a matter of fact, labour is a vital factor of production that quantifies the performance, output, and goal achievement with optimal use of available inputs. The Barclays Bank in Stanford...
Bakers’ inn provides customers with a one-stop platform for cakes, snacks, bread, sandwiches, and other products. The service enterprises ensure that customers get a fresh-baked cake with a fair price and quality. The products of the enterprise vary in design, shape, texture, taste, and size. They meet the varying tastes...
Psychological factors According to Talloo (205), an individual’s purchasing decision is influenced by a number of psychological factors such as beliefs and attitudes, motivation, and perception. Another psychological element relates to the consumers’ tastes and preferences (Schroder 56). Additionally, the decision to purchase the energy drink is also influenced by...
Leadership style is an essential managerial characteristic. According to Lewin’s model, there are three types of leadership: authoritarian, democratic, and laissez-faire (Marquis & Huston, 2011). Authoritarian leadership is characterized by rigidity, strict control, and discipline. Such leaders mainly focus on the desired results. Within organizations, authoritative leaders tend to ignore...
Abstract An effective supply chain management can be considered one of the fundamental aspects of all business companies. To a greater degree, it is preconditioned by the increased sophistication of the business environment characterized by complex relations between various agents and the existence of many barriers that should be eliminated...
