The Essence of Opportunity Cost

Opportunity cost is the foreseen estimation of the possibility of a decision being made unexpectedly. The idea communicates the essential connection between shortage and decision. Buchanan (2008) characterized opportunity cost as “the evaluation placed on the most highly valued of the rejected alternatives or opportunities.” When this essential connection between...

International Strategy Advantages and Drawbacks

The given case study discusses the success and the decline of the Finnish multinational telecommunications company Nokia. This case makes us understand how a company could benefit from going global as well as suffer from it. For example, Nokia managed to achieve lower operational costs by opening plants in some...

McDonald’s and China Noah Corporation’s Finance

China Noah Corporation The reason why companies hedge against foreign currency risks is to protect themselves against loss of business value. China Noah has a different form of foreign currency exposure due to transactions involved when dealing with international customers and suppliers. This exposure arises when China Noah has entered...

Product Design and Development

Introduction World is becoming complex though the technology has been keeping its effort continuously to make the life easier. People are now living in such an environment where everybody is busy to run the life in a higher status then the existing. In these busy days, the people have no...

Walt Disney Company: SWOT Analysis

Walt Disney is a globally recognized entertainment brand that most of the world’s population is familiar with since childhood, thanks to the outstanding cartoons the company has created. Meanwhile, in the business world, no player has a guarantee that its success will last forever, relying only on previous achievements. Strengths,...

Business Memo: Describing Market Segmentation

It is a great pleasure that Media Popup, a portable multimedia center, is to be marketed in the US. This fact can provide GlobeMedia with essential benefits, but it is necessary to choose the right market segment to reckon on any advantages. Thus, the purpose of this business memo is...

Primark Company Supplying Consumers with Ethically Sourced Garments

Introduction The Primark Company supplies its customers with garments based on various ethical codes of conduct. The organisation regards a high sense of responsibility and sustainability among other practices that alleviate adverse social effects. Although the main goal of the Primark Company is to ensure that its products and services...

Marketing Audit for Qatar Airways Company

Executive Summary Qatar Airways is an airline company that is fully owned by the government of Qatar. Started in 1993, the company has realized a consistent growth over the years, and it currently flies to over 150 destinations around the world. The study shows that despite the impressive growth, the...

G4S Company’s Strategies and Opportunities

Strategic risks are likely to be the leading class of risks for G4S in the coming years. It is therefore imperative that G4S take advantage of this risk and turn it into an opportunity. To begin with, change in technology is unavoidable. It can be an opportunity for a multinational...

Enterprise Resource Planning (ERP)

Among the core areas of information management is Enterprise Resource Planning, which is a concept that was first embraced during the early 80s. It was used to merge the functions of finance, manufacturing and business logistics, and was mostly implemented with a sole objective of facilitating the execution of business...

Woolworths and Coles Supermarkets Marketing Analysis

Introduction The two selected supermarkets are Woolworths and Coles, which are two of the largest retail chains in the market. The latter can be considered a local supermarket due to the fact that it is headquartered in Melbourne. On the other hand, Woolworths is a multinational chain that is originally...

“The Wizard of Lies”: Bernie Madoff’s Unethical Leadership

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...

Procedural and Distributive Justice in the Workplace

Just like in the rest of the society, concepts such as transparency, fairness, justice, and equality play an important role in the workplace. Particularly, the employees’ perceptions of both procedural and distributive justice may have an impact on their job satisfaction and turnover intention. In any system, procedural and distributive...

Nokia: Change Initiative Project

Change is an inevitable part of any organization. As the external and internal environments evolve, leaders and members within the organization will need to change their attitudes and approaches to accomplish the established goals. Additionally, change management refers to how organizations handle change to ensure smooth and cost-effective implementation. In...

Business Valuation for WH Smith Plc

A Brief Company Background WHSmith is a British retailing company operating a chain of shops in the UK. However, the company also has operations in India, the Middle East, Australia, and South-East Asia (MarketLine 2014). WHSmith operations are divided into two business segments. The two are travel and high street....

The Concept of Organizational Behavior

Introduction The concept of organizational behavior has been studied for several decades as theorists try to establish the link between individual behaviors and the performance of corporations. The concept was introduced in 1966 by Jim Naylor and George Briggs when they published Organizational Behavior and Human Decision Processes. Their publication...

Change Management at Nokia Corporation

Nokia Company was established in Finland and was renowned for being the first company to generate a cellular network making it a global leader in mobile phones. Nokia established itself as a market leader in the production of mobile phones. Nokia has its presence in over 130 nations. Initially, the...

Relations Between Organizational Structures and Behavior

Researching organizational behavior helps employers obtain an insight into covert patterns of their employees’ performance at work. As organizations are in continual exploration of new methods to enhance efficiency, competitiveness, and increase in revenue, the issue focuses attention from researchers in the domain. Organizational structure and communication are the aspects...

Kohl’s Department Store Case Study

Introduction The story of firing three employees at Kohl’s Department Store for violating its coupon policy resulted in public outrage. To understand whether the company could have handled the situation better, one should consider the process and legal reasons for terminating employees. As Ma (2020) states, relational and political behavior...

The Concept of Omnichannel Retailing

Omnichannel may be regarded as a completely new term in the sphere of digital marketing. At the same time, this cross-channel content strategy will play a highly significant role in the development of stores in the future. The development of online retailing and the emerging of additional digital channels that...

Advantages and Disadvantages of Pipeline Transport

Introduction The goal of any organization is to ensure that its product reaches the consumers in time to increase its sales. There are various modes of transportation depending on several factors such as the type of product, consumers’ distance, and the agency of the product. The following discussion indulges in...

Taking Responsibility and Being Accountable

Each person, being in society, can occupy one of two positions. An individual can either obey or hold a dominant position. A leading place is the goal of many, but achieving this status requires the acquisition of appropriate skills, first of all, responsibility and accountability. The significance of these two...

Business Ethics: Abercrombie & Fitch Company Case

Abstract Ethics is a vital aspect for the successful business operation. Progressive organizations have formulated policies that guide individual employees, departments, units, and organization as an entity. These policies ought to function based on the ethical principles for the organization to achieve its vision and objectives. The ethical principles are...

Lipitor: Business Model and Planning

Introduction Lipitor is a drug that reduces cholesterol levels and is produced by the Warner-Lambert company. This company has evolved significantly since its inception in the early 1850s and has become one of the top pharmaceutical companies in the globe. The three components that stand out the most from the...

Diversification Initiatives of Alibaba Group

Diversification is the expansion of the product range and reorientation of sales markets, as well as the development of new types of production implemented to improve business efficiency, develop perspective areas, or prevent bankruptcy. It should be noted that diversification by its nature, can be related and unrelated. Related diversification...

MBA Programs: Business Plan Proposal

Executive Summary Purpose of the Plan The main aim of this plan is to outline a start-up MBA program targeting the UK, China, and India Markets. The name of the proposed University will be London MBA School which will be located in southern London. The major activities of the University...

Dr. Bruce Tuckman Stages Models

Introduction Before work teams become mature and productive units they undergo a series of stages of development (Nelson & Quick, 2007, p.205). Dr. Bruce Tuckman in 1960 developed one of the most widely accepted groups development models, the Tuckman model. The models initially consisted of four stages namely; forming, norming,...

Tesco.com: E-Business and E-Commerce Management

Management Summary Tesco Plc (Tesco) is one of the largest retailers with a presence in-store and online spheres. Its retail stores offer the widest possible range of products which includes both food and non-food items, clothing, health-care and beauty products, electronic items, home appliances, stationery, furnishings, etc. In the late...

Royal Mail Service Industrial Dispute

Introduction There has been an industrial dispute between royal Mail service and its workers. Royal mail has been faced with crisis since 2007 when the first major industrial crisis faces the mail service provides. From since, there has been recurrence of the crisis with the parties involved making different demands....

Personal and Organizational Ethics

Personal values, personal mission statement, and personal code Business ethics or corporate ethics is sometimes referred to as a form of professional ethics or applied ethics examining moral ethics or problems in a business environment (Velasquez, 2006). Business ethics should apply to all businesses activities, thus ethics must be associated...

Ethical Dilemma in the Workplace

Introduction An ethical dilemma refers to a complex situation characterized by a conflict in principles on which an individual or a community judges a behaviour or an action as right or wrong. When two moral principles that are used for making a decision conflict, a person is faced with the...

Steps for the Decision-Making and Final Decision

Introduction The business world is the specific sphere where people are to make decisions. There are a great many different techniques and methodologies in decision-making. The better method is used, the better decision is made and this decision is sure to influence the whole working process. Taking the scenario of...

7Ps of the Marketing Mix

A marketing strategy is a company’s battle plan in the struggle of market competition. However, its task is in effect to outline the way the company plans to act in the market, which is made in a general way. To realize the marketing strategy, a company develops a marketing mix,...

Cultural Diversity in the Workplace

Introduction The culture is considered to be under the influence of constant changes connected with religious, ethnic, and social factors backgrounds and their development. The success of any business lies in covering these transformations in the process of companies’ operations development. Cultural Diversity in the workplace is considered to be...

Changes as an Inevitable Part of Our Personal and Corporate Lives

Introduction Change is a way of life and forms an inevitable part of our personal and corporate lives. It is indeed almost impossible to live, or work, without some kind of change, either in ourselves, others, or the environment in which we work and live. However, it is seen that...

Pretentious Diction and Dying Metaphors in Business Communication

Pretentious diction and dying metaphors While writing an essay, one needs to be conscious about mainly four topics: they are dying metaphors, operators or verbal false limbs, pretentious diction, and meaningless words. If anyone wants to complete an essay without making any nonsense, they must be aware of these topics....

Management Structure and Organizational Behaviour

Abstract The organizational structure affects how people and groups behave in an organization. It endows with a framework that shapes the attitudes, behaviors, and performance of the employees. Organizations need to develop a structure that allows them to manage individuals and inter group relations effectively. Differentiation and integration are the...

Standard Chartered Bank Managing Human Resources

Executive Summary This report is a case study on Standard Chartered, and the strength-based approach in the bank has been discussed with its benefits and also disadvantages. Another case study of the bank with comments from an HR Manager regarding the benefits of the approach has been included. The talent...

Criminal Scheme: Utilitarianism and Deontology

Normative ethics refers to the attempt to understand or figure out what individuals need to do or whether their moral character is reasonable. Normative ethical systems are divided into three categories which include; teleological ethics, virtue ethics and deontological ethics. Deontological and teleological ethics are considered as action based or...

Strategy Implementation in Strategic Management Process

The topic of the Research Paper The area of research is strategic management. “Strategic management can be used to determine mission, vision, values, goals, objectives, roles and responsibilities, timelines, etc” (Management faqs, n.d.). The topic selected for my research is Strategy Implementation in the Strategic management process. Abstract The importance...

An Effective Economic Decision-Making

Introduction Decision-making is a challenging exercise, not only in business management (business decision making) but also in making decisions that involve personal or individual choices. According to Steve (2006: 62), decision making has always been and will always be a complex process and which requires the decision-maker to possess adequate...

Procter and Gamble (P&G): Strategic Management

Introduction Procter and Gamble (P&G) is a global company, which operates in 160 countries around the world. Most products of P&G became universally recognized brands such as itsHead & Shoulders, Pantene, Tide, Ariel, etc. Today, P&G is dynamically evolving corporation operating within a rapidly evolving global environment. Marketing around the...

Managing Risk: Risks Faced by Multinational Companies

Multinational Companies are the companies that manage the production establishment or delivery services in at least two or more countries. They have a budget that exceeds more than those of other countries and have a powerful influence on international relations and the local economies. They have branches in many countries...

Organizational Behaviour Analysis and Evaluation

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...

Enterprise Resource Planning in a Shipyard and Shipbuilding

Introduction Modern global sphere of shipbuilding experiences reduction of margins together with the total increase of customer expectations. To reach success and meet the requirements demanded by customers mean to provide them with the detail information beginning from building planning and up to the description of supply analysis. ERP (Enterprise...

Zara Market Segmentation

Zara Market Segmentation: Introduction The concept of market segmentation plays an essential role in setting up a company’s target customers. By selectively choosing the main market sector, a firm can deliberately increase its competitiveness in this given segment. It allows organizations to be more efficient and concentrate on specific products...

IKEA in South Korean Business Environment

South Korea Potential for IKEA South Korea is currently among the countries with a stable economic and political situation that attracts foreign business. IKEA is a Swedish enterprise that entered the Korean market in 2014 and currently operates two facilities, and the third one is under construction (Bae, 2018, para....

Linear Programming Operations Management

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...

H&M: Strategic Brand Management

Introduction Hennes and Mauritz or H&M is a Swedish retail company that specialises in clothing and accessories for the whole family within the fast-fashion paradigm. It operates in 60 countries and has a developed vast network of online shops. Under the main H&M brand, there are several sub-brands such as...

Stage-Gate Development Process and Its Stages

Introduction Cooper’s Stage Gate process focuses on innovations during project management (Cooper, 2014). This technique divides a project into different stages separated by ‘gates’. These are referred to as the decision points that influence the movement to the next stage. In business organisations, the Stage Gate process is considered important...

Coca-Cola: SWOT Analysis

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...

The Concepts of Leadership and Management

The concepts of leadership and management are an essential discussion in business. Each company or organization maintains people who are in charge and the approach they choose to take strongly depends on personality as well as education and training. The field of leadership research has offered competent theories to outline...

Burger King Company’s Marketing Mix Evaluation

Introduction Nowadays, the fast-food industry is facing many challenges resulting from consumer preferences and government regulations. Big companies need to consider healthy diet trends, but, at the same time, keep in mind the costs of production. Therefore, the issue of gaining and maintaining competitive advantage becomes especially relevant. In order...

Sales Management in the Hair and Beauty Sector

The retail strategies of the market for consumers of services and products of the beauty industry in different regions are largely dependent on the characteristics of each particular area. It is highly determined by the structure of consumer demand and behavior. The given hypothesis to a large extent determines the...

Organisational Structure Impacts on Learning

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...

Leadership Trait Questionnaire and Reflection

My Experience with the Leadership Trait Questionnaire After completing the questionnaire, I found that my traits suggest that I would be an average leader. Despite not finding any of my traits to have a score lower than three, a lot of them returned very average results. I believe that my...

TOMS SWOT Analysis

TOMS SWOT Analysis: Abstract Although businesses are rarely involved in non-profit activities, some companies, such as TOMS, help people in need. To evaluate the advantages and disadvantages of these activities and future possibilities, a SWOT analysis may be used. It is demonstrated that TOMS’ philanthropic campaign is characterized by strengths...

Clinx Clinic’s Organizational Structure and Staffing

Organizational structure refers to established formal relationships among various units of an organization. The purpose is to ensure that organizations get their work done. This is made possible by having some subdivisions in form of division of labor, which bring coherence within the whole organization. In the structure, each job...

Leadership Example for Exxon Mobil Top Management

​Target Audience Having worked in Exxon Mobil as a human resources professional, I have acknowledged certain issues the company’s top management has. The company is one of the leading producers in the world oil market and strategic planning is essential for its development. Social responsibility and environmental sustainability have become...

Critical Success Factors: Movie Industry in Hollywood

Hollywood Movie Industry: Critical Success Factors Critical success factors refer business aspects that an enterprise take into consideration in a bid to achieve predetermined mission and goals; some examples of CSFs include professionalism, integrity, creativity, teamwork, and customer focus among others. Generally, play an important role in identifying areas where...

Evaluating Training Programs with ROI vs. ROE Metrics & Phillips’ Model

Managers have employed ROI (return on investment) calculations to estimate the effectiveness of this or that program or project. At the same time, researchers argue that ROE (return on engagement) is as important and can be even more valuable in certain cases (Livingston, 2013). It is necessary to compare these...

The Adventures of an IT Leader

Argue both sides of the Huerta/Calder debate. To which side would you lean? In essence, both the Huerta and Calder sides present invaluable arguments on the most viable system. However, I support the Calder side since their arguments are more reasonable and realistic. For instance, the Calder system has been...

Collective Bargaining Role in Management Relations

Collective bargaining is a technique used by public union representatives and public agency managers to negotiate conditions and terms of employment. The goal of collective bargaining is to optimize the employer-employee relationship by facilitating a win-win situation for the various parties involved. Collective bargaining improves the workforce strength and as...

Market Pricing Usage: Advantages and Disadvantages

Market pricing is a process through which pay structures are setting almost selectively by gathering, evaluating, and matching the data on job salary surveys to settle on the payable rates in the external market. In market pricing, use is made of pay survey data to recognize the comparative value of...

Volkswagen Group’s Marketing Situation

Situation Analysis Introduction Volkswagen Indian subsidiary was founded in 2007 to assemble, manufacture, and distribute Volkswagen vehicles in the country (Datamonitor, 2011). The company offers a variety of vehicles including Volkswagen Passat, Audi, Skoda, Jetta, Touareg, Polo, Phaeton, and beetle. The company has been using a multi-brand strategy that has...

Hilton Hotels’ Information Technology Application

What are the problems associated with measuring the ROI on a CRM system? ROI is the acronym for return on investment, a measure of performance that helps in evaluating the efficiency of an investment singly in comparison with other investments. The enterprise-wide impact, the effect on revenue and costs, the...

Team Building and Leadership Styles

Leadership styles for different situations Autocratic leadership Under autocratic leadership, the leader has complete control over employees. Workers are not given a chance to express their views on pertinent issues affecting the organization (Biech 20). Most people dislike working under this type of leadership. As a result, a company or...

Discrimination Problem in the Workplace

Introduction It is necessary to mention that discrimination in the workplace is a topic that has been actively discussed by scholars over the last few years and has drawn the attention of many researchers. The concept may be defined as unfair treatment of individuals based on the color of their...

Barclays Bank’s Talent Management

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...

AndFound Company’s Strategies and Problems

Introduction This case study presents a story of a start-up company and found, which was created under the premise of opposing corrupt and unfair practices of companies that make a living by charging exorbitant fees from angel investors and start-up entrepreneurs alike. However, after a period of expansive growth, the...

Supply and Demand Impacts on the Transportation Industry

Introduction The transportation industry is made up of suppliers of transport-related services and consumers of such services. Drawing from a study by Rodrigue and Notteboom (2015), a transport industry that functions efficiently facilitates the meeting of transport demand to ensure that the mobility requirements of individuals are sufficiently met. Every...

Build & Imagine Company’s Ethical Dilemmas

Introduction Apart from the need to maximize their profits, businesses face the need to be ethical. Principles of business ethics may conflict, and this is when a company finds itself facing an ethical dilemma. It means that any possible decision in such a situation will violate certain ethical principles but...

Whirlpool Company’s Strategic Sourcing

How can we weigh the performance criteria in Exhibit 2? Exhibit 2 shows the various performance criteria that can be used to evaluate the potential supplier’s performance. It also provides factors that constitute the mark for each criterion. For instance, potential supplier’s quality should be determined by a range of...

Emirates Company: Marketing Management

Background Emirates (established in 1985), an airline company based in Dubai, is owned wholly by the government of Dubai’s Investment Corporation. The company is the largest airline in the Middle East, having the capacity to carry roughly 3,650 flights between the Dubai International Airport and more than 80 countries worldwide....

Emirates Airlines: Story of Success and Failure

Introduction Emirates Airlines is one of the largest airline companies in the world. Operating highly advanced Airbus A380 carriers as well as Boeing 777 models, it possesses the most modernized commercial air fleet in the world (Alcacer and Clayton). The total number of planes owned and operated by Emirates Airlines...

Change Management Models Comparison

The Kurt Lewin Change Management Model Developer The model was developed by a German physicist Kurt Lewin who immigrated to the United States in the early 1930s. He is known as a founder of social psychology (NHS, n.d.). Description of the theoretical perspectives The framework of his model consists of...

Dunkin’ Donuts Consumer Insights

Segmentation and Targeting Dunkin’ Donuts has been on the market for about six decades. Its brands and targeting strategies are designed to evolve along with the changing demands and tastes of its consumer segment. Currently, the consumer segment of Dunkin’ Donuts has a number of different characteristics. For example, the...

Starbucks Company’s Branding: Cultural Phenomenon

Introduction Branding is a very important tool for the marketing purposes of any business. In entails a lot more than just giving a product a name. For instance, Starbucks branding is a long-term strategy of relational advertising and it helps in creating relationships between the companies manufacturing the product, the...

Google Company: Leadership and Motivation

Abstract At the heart of every competitive firm is an efficient organizational culture. This fact explains why many corporations have been focusing on organizational theory to create the best working environments that can support their business objectives. The practice has led to diverse organizational behaviors, leadership processes, and project management...

Sony Corporation and Consumer Behaviour in the UK

Introduction The main objective of this report is to analyze the consumer behaviour in the consumer electronics market and this paper concentrates on the Sony Corporation. The first part of this paper focuses on the background of the company, product line, and suggested actions to influence UK consumers’ attitude, and...

Maple Leaf Company: Business Environment Challenges

Executive Summary Maple Leaf is one of the leaders of the Canadian agricultural industry. Nevertheless, even industry leaders face challenges once they make a decision to expand and start operations in foreign economies. One of the most significant problems of the company is its effective functioning within the operating environment...

Wal-Mart Company’s Balanced Scorecards

Balanced Scorecard is concept that is used in performance management as a tool to automatically manage performance and keeps track of the appropriateness of the execution of the tasks and activities by the workforce depending on their capacities and also helps in monitoring the consequences that arise from these activities...

Nike Company’s Marketing Principles and Practice

Branding Branding is a marketing concept that refers to the process of creating a unique name for a product with the view of differentiating it from the substitutes offered by the rivals. The reason for branding a product is to make it easily identifiable by customers. It may help a...

Bidco Oil Refinery Ltd.’s Performance and Ethics

Analysis of the company’s mission, vision, and performance Bidco Oil Refinery Limited is a multinational company that specializes in edible oil production. The company has its headquarters in Thika, Kenya. It started in Kenya as a textile company in 1985. Due to the increased market liberalization in the country, the...

“The Truth About CSR” by Rangan, Chase, Karim

Article’s Topic: Importance and Relevance The targeted Harvard Business Review article for this exercise is “The Truth About CSR” by Kasturi Rangan, Lisa Chase, and Sohel Karim. The authors treat corporate social responsibility (CSR) is a critical aspect of business culture and organizational behavior (OB). The article encourages organizations to...

Commuter Cleaning Company’ Analysis

Commuter Cleaning is a company that will provide dry cleaning services to office workers who live in the suburbs of large metropolitan areas. Their specific target comprise of single men and women as well as married couples who both work in the office and have no time to go to...

The Costco Company Business Data Analytics

Introduction Businesses in the modern economy are increasingly using data analytics to improve their competitiveness. Business executives believe that they can obtain valuable information concerning market needs and the general competitive environment by analyzing both internal and external data. This paper will focus on the use of data analytics in...

Benefits and Drawbacks of Amazon E-Commerce

Amazon e-commerce has plenty of pros and cons. On the one hand, it helps create a comfortable buying experience for customers. On the other hand, there are limitations such as the lack of universal Internet access. This essay explores advantages and disadvantages of Amazon company e-commerce. Pros and Cons of...

Managing Misbehavior in the Workplace

Executive Summary The concept of quality of life in the workplace environment specifies the conditions that ensure the optimum use of the human performance capacity. Organizations can enhance the quality of the workplace environment by assessing and improving the factors affecting organizational culture. These initiatives involve empowering employees, advanced professional...

Kauflauf GmbH Company Performance: Jess Westerly Approach

Summary: Case Background and Essential Details Kaufland GmbH has been experiencing significant problems with its performance over the past few years. Jess Westerly was assigned to explore the reasons for the organization to fail in the target market. According to the findings of her study, delays, and the lack of...

Talent Development Reporting Principles

Talent Development Reporting (TDR) principles represent a system of assessing the effectiveness of human resources. The internal reporting on the development of employees’ talents allows for monitoring the human capital’s progress and analyzing the effectiveness of the organization’s efforts with the focus on spent resources and provided training (Barnett &...

Jolly Ranchers Company in the Candy Market

Introduction Jolly Ranchers is a hard sugar candy brand that has been created by the Jolly Rancher Company. The company was founded in Golden, Colorado by Bill and Dorothy Harmsen in 1897 and specialized in the production of chocolate and ice cream (“The History”). Due to seasonal decreases in sales...

The Importance of Strategic Management and Planning

Abstract The following paper is devoted to strategy, strategic management, and strategic planning. The paper outlines the abovementioned notions, which constitute the baseline for strategic management as a whole, and discusses the importance of strategic management in business. The traits of effective strategies are outlined and some relevant examples are...

Eastman Kodak Company: Vision and Mission Statements

Introduction According to Collins and Porras (2008), an effective business strategy must define the company’s business by incorporating three major factors- customer needs, customer groups, technologies, and competencies employed. According to Sawhill and Williamson (2001), the managerial value of effective mission and vision statements is achieved when the statements manifest...

Toyota and Mercedes Companies’ Competitive Priorities

Our sample essay will focus on Toyota and Mercedes’ competitive advantage and marketing strategy case study. Introduction This paper will compare two companies, namely, Toyota and Mercedes, which are among the world’s best automobile manufacturers and sellers. The goal is to examine their competitive priorities and operations strategies. The paper...

Tesco Corporation’s Internalization Strategies

Introduction Tesco is among the global leaders in retail business and has expanded to major parts of Europe and beyond. This paper reviews Tesco’s internalization strategies against the scale of Porter’s Diamond analysis. Besides, the treatise applies the Resource-Based View Theory to explain the international strategy of Tesco during its...

Acer Company Analysis: Marketing and Competition

Introduction Over the recent past, the global market has been characterized by a very high level of competition. This has been characterized by a very high level of competition. In particular, the market for computers and electronics, in general, has been increasing over time. This competition has increased as a...

Good Leader and Bad Leader Comparison

Introduction Leadership is complex and has various definitions, qualities, concepts, and theories. As such, different leaders apply different leadership approaches and styles. A comprehensive yet precise definition of leadership portrays leadership as a multidimensional process of identifying goals, motivating others to act, and giving pertinent support to realize mutually agreed...

Armand Vallin Feigenbaum’s Contribution to Quality

Introduction Promoting quality in the context of an organization or a particular team of employees is an essential step toward building a thriving company with several loyal customers. The approaches to enhancing quality management, however, are very numerous, with a variety of frameworks having been developed over the past few...

Coca-Cola’s Consumers’ Awareness About Sugar

Consumers’ behavior has a strong impact on the marketing sector. One of the most vivid examples, in the relevant context, is Coca-Cola’s case. Thus, according to authoritative sources, the company has recently faced a challenge due to the growing concern about sugar content and obesity problems in the society. As...

Macy’s Corporation: Strategic Insights and Business Operations

Executive Summary In this case study, Macy’s, Inc. is chosen for the analysis. Its long history, a variety of approaches to cooperate with different stakeholders, and opportunities offered to customers and employees serve as the main reason for why this company is used in the analysis. Macy’s representatives have already...

American and South Korean Business Cultures

Culture and environment affect institutions and their management in several ways. Technological advancements have allowed individuals from different cultures and backgrounds to work and communicate together. This experience appears to be both exciting to some and frustrating to the other. Some individuals find it hard to adjust to both the...

Microsoft Company’s Marketing Ethics

Running an ethical business requires an explicit act of giving back to the community and embracing responsible citizenship behavior. At Microsoft, that advice translates to moving beyond the development of own products and services, and actually enhancing the responsibility, commitment through a network of partners like businesses, nonprofits and governments....

Coca-Cola’s and Samsung ‘s Home and Host Marketing

Introduction Over the recent past, several companies have been devising strategies that facilitate penetration of international and domestic markets. The need to penetrate international and domestic markets emanates from the advancement in technologies that have led to the globalisation of markets and change in consumer behaviour. To succeed in international...

Product-Harm Crisis Management and Strategies

Introduction Customers and consumers are constantly being bombarded by the media and other avenues with information pertaining to products existent in the market. This form of publicity may be catalyzed by a variety of events which may provide positive or negative publicity to the product or brand. Product harm crisis...

Managerial Diseconomies of Scale

This paper reviews internal and external management diseconomies. Check it out if you’re looking for examples and causes of managerial diseconomies of scale. Introduction The increasingly competitive business setting motivates most businesses to seek economies of scale. Economies of scale are realized when organizations expand in a way that allows...

Apple Company’s Business Ethics

Is Apple an ethical company? Find the answer to this and other questions in our Apple ethics case study sample. Here, you’ll find information about Apple ethical practices and issues and social responsibility. Abstract Companies are established within localities from where they operate. This fact alone compels them to put...

The Devondale Murray Goulburn Company Strategic Management

Introduction As the industrial competition for production resources, human resource capital, and reliable customers intensifies between corporations and the business environment changes unpredictably, firms have no choice than to adopt strategic measures. Strategic management has been an overriding business administration aspect that has influenced the planning techniques of many organizations...

The Organization of International Business

If you’re looking for information on the organization of international business, look no further. In this sample paper, you will find all about international business organisation management explained. Introduction International business encompasses commercial transactions that take place between two or more countries which involve multinational corporations. International business requires the...

Prejudice and Discrimination: Understanding Their Impact

It is common for human beings to experience and practice prejudice and discrimination. Prejudice refers to the “the inflexible and irrational attitudes and opinions that are held by members of one group about another, while discrimination refers to behaviors that are directed towards another group” (Lang, 2006). Prejudice prompts individuals...

Internal and External Factors Influencing IKEA

This analysis of internal and external factors influencing IKEA will inspire a great paper. Check it out if you need to write a PESTLE analysis of environmental factors affecting IKEA.  Introduction IKEA is a worldwide recognized home furnishing seller. It has quickly developed since it was started in 1943 by...

Google’s Corporate Governance

Executive summary The manner in which organisations are governed or controlled coins the concept of corporate governance. Essentially, corporate governance can be described as the administrative procedures of the corporations. In other words, the corporate governance is the administrative structure, design and the management of firms. The process of corporate...

Free Markets in European Airlines: Competitive Advantage Analysis

Abstract From the perspective of organizations in the airline industry in Europe, this paper discusses the extent of competitiveness of capitalist markets in a bid to determine whether the current organization operates in truly free markets. Free markets have a connection with capitalism. In Europe, airline organizations seek to secure...

Credit Cards: Safe Method of Payment or Not

A credit card enables you to buy something now and pay for it later. As a result, a credit card can help you when you’re short of cash. Further, carrying a credit card can be a lot safer than carrying cash. Cash can be lost or stolen. Credit can be...

Leadership, Culture, and Gender Diversity: Implications for Organizational Effectiveness

Introduction Many studies on leadership effectiveness explore the leader behaviors and external factors that determine the behaviors and actions of leaders. In this case, research reveals that leadership practices differ across nations, often due to cultural differences. Additionally, gender is a sensitive issue in organizational contexts, particularly in debates about...

Hasbro Easy-Bake Oven Recall: Quality System Failures and Safety Concerns

Introduction One of the most significant indicators of a supplier’s overall performance is product recall. Any flaws in a product that impair performance, cause injury, hurt consumers, or put producers in legal hot water can result in a recall. A supplier must alter the product or how the business is...

Lessons from the Wells Fargo Scandal on Corporate Ethics and Leadership

Key Lessons for Business Leaders from the Wells Fargo Scandal The Wells Fargo scandal has valuable lessons for leaders regarding corporate governance and human resources. First, this situation justifies the need for management to create strong corporate ethics. This is necessary so that all employees know and understand that specific...

Benefits and Challenges of Working in Sports Marketing and the Sports Industry

Introduction Working in the sports industry benefits people looking for exciting sports and professional opportunities. For starters, it allows people to show their enthusiasm and love for the sport. In this way, they can participate in attracting and promoting sports and use their knowledge and skills to succeed in the...

AT&T and Time Warner Merger: Case Analysis, Legal Challenges, and Business Outcomes

Profile AT&T In mid-2018, it was made official that American Telephone & Telegraph Company (AT&T) would be acquiring Time Warner Inc. Each share of Time Warner stock was acquired by AT&T for $53.75 billion in cash plus 1.437 common shares. AT&T is a Texas-based, American global telecommunications holding company that...

Wells Fargo Cross-Selling Scandal: Corporate Culture, Ethics, and Leadership

Introduction Many companies have well-established corporate cultures, defined as beliefs, values, and behaviors dictating how employees and management interact and handle business operations. Everything good about a company comes from a culture built over a long period. However, corporate cultures may also cause scandals that cost firms financial and reputational damages....

McDonald’s and KFC Firms’ Business Processes

Introduction The video Business Processes gives an idea of the business processes involved in any large company. Among the examples of companies mentioned is McDonald’s, which understands the importance of efficient organization of these processes (Business processes, 2010, 00:02:30). KFC can be called a successful competitor of McDonald’s since they...

Lego’s Strategic Transformation Through Innovation and Brand Management

Introduction Lego, a Danish toy company founded in 1932, has been successful for nearly a century. Children all across the world have enjoyed playing with its recognizable brick toy, which has gained widespread recognition. The Lego Group has experienced a transition in recent years that has greatly enhanced its financial...

Investment Proposal for a Live Sound Engineer Career

Introduction Throughout my life, I felt an extraordinary passion for music and the methods of creating unique melodies. I am fascinated by how the skillful and harmonious combination of individual tones with various means and instruments leads to the final result of a single and unique sound. As a person...

Tesla Inc.’s Ethical Challenges Analyzed Using Milton Friedman’s Framework

Executive Summary Tesla Inc. has become one of the most famous players in the electric car market in recent years and can truly be called the most popular at the moment. However, the company has recently come under scrutiny due to potentially unethical marketing actions. Tesla Inc. is accused of...

TikTok: A Powerful Tool for Modern Digital Marketing and Brand Promotion

Introduction Nowadays, the Internet has become integral to everyone’s life, from socializing to shopping in online stores. Social networks have become the cornerstone of communication in the 21st century, occupying most people’s time. Networks allow one to communicate at a distance and exchange information about goods and services. Consequently, social...

Distributive Justice: Fairness, Utilitarianism, and Egalitarianism in Organizational Decision-Making

Introduction Distributive justice is concerned with the fair distribution of the difficulties and advantages of a structured society consisting of various groups of individuals with conflicting demands. It requires that relevant considerations be factored in when making decisions likely to affect several people (Velasquez et al., 2023). When any institution...

Dietz & Watson’s Digital Rebranding: Strategies for Engaging Younger Consumers

Introduction Dietz & Watson is a Philadelphia-based food company specializing in charcuterie and cheese. The company recognized its aging traditional customer base and needed to attract younger audiences to sustain growth (Lambert et al., 2022). The company embarked on a rebrand that included new product lines, packaging, and marketing strategies...

Coca-Cola’s New Nutritious Beverage Line: A Response to Health-Conscious Consumer Trends

The launch of Coca-Cola’s new range of nutritious and potent beverages will help the market in an age where customers’ views on health and well-being have taken a top priority. This creative endeavor adapts to shifting customer requirements and demographic and psychographic shifts. This new beverage line has the potential...

The Impact of HR (Human Resource) Practices on Employee Retention in Qatar’s Banking

Introduction Human resources and practices play an integral role in the growth and success of companies. In general, the term HR practices refers to a variety of strategies that businesses use to oversee their human resources effectively (Alajlani & Yesufu, 2022). The procedures and policies that have an impact on...

Bullock Gold Mining’s New Gold Mine: Financial Analysis

Case Description Seth Bullock, the owner of Bullock Gold Mining, is considering opening a new gold mine in South Dakota. Geologist Dan Dority has provided estimates of the mine’s productivity and gold deposits. Financial officer Alma Garrett has analyzed the potential revenues and expenses for opening and operating the mine...

Preparing the Income Statement and Balance Sheet for Wales Plc as of Year-End

Key Financial Statements and Their Role in Business Decision-Making The financial position of any business is communicated using three critical financial statements. The cash flow statement shows the cash movement inside and outside the business. The balance sheet, commonly known as the statement of financial position, shows the liability, assets,...

Analyzing Operations Management in Target: Diagrams, Strategies, and Insights

Introduction It is important to implement various graphs and diagrams to understand the operation of the existing businesses and ensure the new company’s success (Kumar, 2022). The main goals of operations management are to ensure that the company can make the provision of products and services more efficient and increase...

Impact of the Pandemic and War on Zara: Strategies and Recommendations for Improvement

Introduction The pandemic and the Russian-Ukrainian War have significantly negatively influenced the global capitalist economy over the past three years. Inflation and issues with global supply chains are only a couple of the effects that these factors have had on businesses all around the world. The fashion business has not...

Financial Analysis of Target Corporation: Stability and Growth Potential

Introduction Target Corporation is an example of a publicly traded company that specializes in retail. It is the seventh most significant retail corporation in the US among the companies with the most employees. There are several formats in which Target Corporation works, including the small-scale stores that are called TargetExpress...

Comparative Analysis of Huawei’s Strategies in the UK, US, and European Markets

Introduction Huawei is a Chinese technology company that specializes in manufacturing smartphones and computers. The company is additionally famous for the mobile services that it offers to customers. Huawei is an international brand because it supplies its products and services to multiple global markets. This fact is possible because globalization...

Leadership Strategies and Decision-Making at Coca-Cola During External Challenges

Introduction Leadership and strategy articulate the dilemma arising from senior management and propose a creative solution to the problem (Emerald Publishing, 2023). This kind of leadership strategy significantly impacts various aspects of the organization. It mainly affects decision-making, which is the most crucial function of management (IQualify UK, 2020). Management...

Growth of the UAE Color Cosmetics Market: MAC’s Competitive Landscape

Industry Overview Cosmetics is one of the industries with the quickest growth. One of the top manufacturers of professional cosmetics is MAC. The well-known Estée Lauder Group businesses include MAC. As a result, the UAE’s considerable youth population is contributing to the fast growth of the cosmetics and beauty industry,...

Enron’s Failed Change Strategies and Their Impact on Corporate Ethics

Change and Organizational Development Strategies Attempted by Enron When failing to adapt to changes, the first strategy employed by Enron was to fix financial reporting practices. Contracts with customers were not audited properly, leaving enough room for incorrect transaction interpretation and recurring revenues that went unnoticed (Eckhaus & Sheaffer, 2018)....

Danaher Corporation: Success Through Diversification and Danaher Business System

Introduction Danaher Corporation is a successful business that has earned its name and popularity through multiple acquisitions. This strategy was so effective that the organization overcame the 2008-2009 financial crisis without significant losses and negative consequences (Anand et al., page 1). That is why it is reasonable to determine the...

Challenges in Workplace Etiquette: Communication and Technology

Introduction Whether an individual is starting a career as an intern or a competent professional, office etiquette plays a vital role in their daily lives. Success Peoples (2021) asserts that etiquette sets rules that establish appropriate manners while highlighting avoidable conduct by workers. This paper looks at professionalism, punctuality, technology...

The Joint Program Manager: Role and Practices

Introduction In today’s complex and rapidly changing world, project management can be a challenging task. In this context, the Joint Program Manager (JPM) plays a key role. In order to fulfill this function and be responsible for large projects, effective management practices are required (Defense Acquisition University, 2004). Thus, it...

Customer Relationship Management at Southwest Airlines

Introduction The modern airline industry is a highly competitive business environment that requires maximum process optimization, efficient implementation of cutting-edge technologies, and new management and operational strategies. Southwest Airlines is among the companies that employ efficient modern techniques and technological solutions to enhance their public image and significantly increase client...

Strategic Management Process: Reflection Assignment

Summary Strategic management is an ongoing strategy that organizational leaders need to undertake if they want to support performance and deliver sustainable results. The initiative revolves around setting attainable objectives, monitoring and analyzing the recorded level of competition, improving internal structures, and ensuring that business processes are aligned with the...

The Aircraft Brake Ethical Scandal

Introduction The Aircraft Brake Scandal is one of the most popular cases for moral and ethical research. This is the story of a valiant man who was not afraid to challenge the corporation to protect himself and bring justice. The case can be considered from the point of view of...

Cirque du Soleil: The Blue Ocean Strategy

The analysis is aimed at reviewing Cirque du Soleil’s strategic approaches to gaining its blue ocean strategy and accomplishing a sustainable competitive advantage. The history of the circus’s development is presented along with the discussion of it’s the factors influencing rivalry in the sector. Accomplishing the blue ocean strategy by...

International and Domestic Market Research

Marketing research involves collecting, recording, analyzing, and interpreting data relevant to the desired business. Through empirical statistics, the entrepreneur can understand consumer behavior relative to the brand, demand, competitors, and other external factors affecting business. In her article, Shaw (2022) states that there is a significant difference between the domestic...

The Walt Disney Company: Workforce Diversity

Introduction It is important to note that The Walt Disney Company is one of the largest media entertainment corporations in the world. The company primarily focuses on creating media products and streaming services but additionally operates and owns amusement parks worldwide. The Walt Disney Company utilizes the constructive conflict and...