11286 samples of this type
Introduction The role of strategic management consists of three separate acts. They are developing, implementing, and evaluating cross-functional choices that allow a company to accomplish its goals. In a world as dynamic of modernity, strategic management is essential for businesses seeking success. With globalization at an all-time high, strategic management...
Introduction Different types of audits are capable of addressing the varying needs of an organization. In particular, horizontal and vertical audits exist to perform their unique types of analysis, capable of supporting a company in its growth and sustainable development. Vertical and horizontal analysis complement each other, allowing managers to...
Organizational behavior knowledge is of utmost importance in the workplace since it provides an understanding of why people behave in a particular way. Therefore, it is critical not only to study these theories but to reflect on them to be able to apply them in professional life and career plan....
Introduction The purpose of this report revolves around reviewing servant leadership (SL) as it pertains to early childhood education. The document explains SL as part of the author’s personal philosophy and discusses SL’s theoretical explanations and impacts on three dimensions of management. Although SL requires further exploration in early childhood...
The performance management system is an efficient instrument allowing to achieve great practical results. I was an employee in the organization in which this system was applied. The strategic, information, administrative, developmental, and documentation criteria were preserved. The managers transparently stated the company’s objectives helping employees to comply with the...
Nike, Inc is one of the largest suppliers of athletic apparel and footwear not only in the American market but also globally. This brand is considered the largest provider of sportswear and equipment worldwide, with its own network of retail stores used for product distribution (Nike, 2021). Since the market...
The National Hockey League’s (NHL) marketing strategy seems to depend on fans’ visits to the plays. The NHL attempted to establish hockey players’ presence in media affairs and publications. The NHL developed a number of grassroots marketing initiatives to promote the young public’s curiosity about street hockey, roller hockey, and...
Quadrant D Design Characteristics Efficient and effective organizations should develop effective sharing goals at each corporate level. Management successfully communicates with employees about its goals and connects their vision with the organization’s objectives (Burton et al., 2020). Great teamwork is necessary for healthy companies as it enables people to achieve...
Introduction International marketing planning theory involves using marketing principles across national boundaries to achieve the objective of an organization. According to the theory, international marketing is the act of directing the flow of a company’s goods and services to consumers or users in multiple countries for profit (Samiee and Chirapanda,...
Introduction In this essay, I will argue that Anand Vaidya’s statement that ethical theory in business should not be considered indeterminate and unintelligible, only based on misalignment with ethical theories, is fundamentally flawed. First, I will present the idea and the arguments provided by the author in the article titled...
Introduction Interoffice memos refer to short messages sent between individuals in different departments in an organization or institution. Generally, these memoranda are used to share confidential information, policy updates, project briefings, and news regarding departments. Nevertheless, they can share any information, including informal updates on non-business activities. Regardless, they observe...
Background Walmart is an American company that operates the world’s largest wholesale and retail chain. The headquarters is located in Bentonville, Arkansas. The central regions of activity are the United States and Mexico. Moreover, Walmart has a significant presence in Canada, South America, South Africa, China, and Japan. Since 2003,...
Introduction Subway is a fast food franchise that has quickly conquered the world in the last 56 years. The goal set by Subway in every market it comes to is to become a leader in terms of the number of establishments and the preferences of local consumers. The concept of...
Background Amazon is a well-known online retail giant that provides products and services to customers and third-party sellers across the globe. It was established in 1995 by Jeff Bezos as an online book retailer (Bidkar, 2019). However, the company now sells various products and provides a platform for sellers. Amazon’s...
Recognizing and acknowledging the strengths and weaknesses of an organization is crucial to determining the further path toward its success in the target setting. World Vision, an organization created to support the children in need and supply them with vital resources, has been striving to improve its services and remain...
Abstract The current business climate influences any marketing strategy’s success. The marketing manager must thoroughly analyze the market while designing a marketing strategy to identify the most influential environmental factors. Regulators and the general public are becoming concerned about the potential dangers of energy drinks. The marketing manager’s job is...
Introduction Business and any company’s change processes involve a set of measures that are designed to improve performance. The transformation uses ways to support an organization’s mission, goals, and operations in a way that systematically impacts the company’s declining quality metrics. An organizational development and design (ODD) approach expands an...
Abstract The current paper demonstrates the impact of organizational structure and managerial practices on business performance on the example of Dow Corning. Throughout its history, the company had varying degrees of success under functional, divisional, and matrix management systems. It continually adjusted its needs and operations, depending on the period...
Located in Vevey, Vaud, Switzerland, Nestlé S.A. is an international food and beverage processing diversified business firm. As other responsible businesses and firms around the globe, Nestle publishes publicly available annual reports, which encompass various types of corporate information, including financial statements. In general, ten essential financial accounting indicators were...
The concepts of morality, ethics, and culture of behavior are usually attributed to the field of non-economic relations between people. To some extent, they are associated with official relations, usually tied to service in government organizations. Meanwhile, it is exactly the entrepreneur who needs the image of an honest, deeply...
Introduction The main idea of traditional photography is to create images from the film and use information obtained from the camera’s aperture. This field is characterized by regular innovations and technology to attract the customer’s attention and increase demand. At the end of the 1800s, George Eastman founded Kodak that...
Introduction Inadequate leadership in 4th Armored Brigade Combat Team (ABCT) has compromised the safety of service members and created conditions that do not allow them to properly recuperate. Unable to receive help from the senior officer, lower-ranking officers have to deal with overstressed subordinates, dissatisfaction, and even unlawful behavior, whereas...
Introduction It would be right to begin the discussion about the budget for the Lucky Me animal rescue adoption event by establishing the total amount of money required. Experts state that the initial costs range from “$5,000 to $10,000” (Rescue group best practices, n.d., para. 1). Taking the average of...
Introduction The Body Shop International is a multinational firm that specializes in cosmetics and body fashion. Anita Roddick established the company in the year 1976. Shampoos, bath products, soaps, and other beauty-related accessories are the company’s core focus. All of the company’s products are made completely of natural materials and...
Introduction Tesco PLC is an international retailer of general goods and services. It was founded in Britain in 1924 and has become one of the most famous retailers since then (Tesco PLC, no date b). The company leads its business both in online and offline retailing through different stores located...
Introduction This essay explores the issue of the communication process in the business environment and analyzes how its use affects the organization’s effectiveness. Two companies from the technology industry were chosen to prove that the practical implication of the communication process has a positive effect on business. This essay uses...
The Concept of Corporate Social Responsibility Corporate social responsibility (C.S.R.) is a developing idea that lacks a broadly acknowledged meaning at the moment. Generally, the concept is understood by how businesses incorporate environmental, social, and economic issues into their moral standards. Furthermore, they may entail customs, strategic plans, choices, and...
Clorox’s Present Situation The present situation of Clorox is financially sound and unpromising at the same time. Clorox recorded sales of around $4.1 billion and $394 million in net earnings in June 2000 (Narayandas and Wagonfeld 3). Ultimately, Kingsford represented a large product group within the portfolio of Clorox. Charcoal...
Amazon is one of the globe’s most influential corporations trading all categories of goods and services over the internet. The organization is known mainly for its online shop, but in pursuit of growth, the company has begun to dominate more than e-commerce (Arnett et al., 2018). Three years after its...
The Home Depot is an American retail chain that is the most considerable home improvement retailer. The company’s customers are divided into several categories, depending on the purpose of purchase. The most significant part of them are homeowners who purchase products and complete their projects and installations. The company has...
Argument The thesis argument of this persuasive essay will be that, despite some people’s opposite opinion, business administration is truly one of the most interesting, promising, and best majors for young students. Having experience studying in business administration course, it will be easier to present qualitative judgment about the strengths...
I believe that the stakeholder theory is superior to and argumentatively stronger than the Shareholder theory. This definite statement is very straight to the point but atypical for a standard persuasive essay (Weston, 2018). However, such a rhetorical move is necessary for the audience to understand the further narrative flow...
Lockheed Martin is an American aerospace company employing over a hundred thousand employees. As a part of the company’s ethics and diversity program, a document was published called Setting the Standard detailing Lockheed Martin’s code of ethics and business conduct (Setting the standard, 2020). However, some argue that a company...
Introduction The invention process is a complicated and time-consuming phenomenon. J. Tidd and J. Bessant (2009) propose this theory concerning the concept of innovation. It starts with an image that might be considered a vision by others. And then, can the tiresome method of continuous checking and error occur as...
Introduction Pfizer, Inc. is an American pharmaceutical company that specializes in the research, advancement, production, and promotion of prescription medicines for people and animals. Pfizer is among the largest global biomedical and pharmaceutical corporations. The firm’s headquarters is located York City, New York, USA (Pfizer, 2019). Charles Pfizer, a German...
In today’s conditions of market globalization and a highly competitive environment, businesses are forced to adapt their operating models to withstand competitive pressure and operate sustainably to address the interests of as many consumers as possible. Successful companies that have implemented their international plans enter the global market and become...
The technology Adoption Model describes the lifecycle of a given product from the moment it first enters the market to the time it saturates it. From the perspective of customer segmentation, this model divides the products and their target customer groups into five categories: innovators, early adopters, early majority, late...
Leadership, in addition to solid character and certain characteristics, is often associated with prestige. This can be explained by the fact that not any individual can be called a leader, but only a person who possesses certain skills. Such skills, as, for example, the ability to listen or enter into...
Introduction The analysis of case studies is essential for business and marketing management students because it shows the challenges and constraints entrepreneurs face running a business. The case study of Covetella’s experience is instructive as an example of a business in a foreign but quite attractive economic environment. Besides, Covetella...
Project cost and funding mix Abbott (2018) states that Loy Yang B is a 1,000-megawatt plant with two 500-megawatt units. The state government of Victoria offered for sale a 51 percent share of Loy Yang B, a A$2.4 billion asset. Loy Yang B sale was made to Mission Energy. The...
Leadership Virtues Questionnaire focuses on several virtues when approaching ethical leadership. According to Riggio et al. (2010), LVQ evaluates leadership virtues while looking at awareness and self-discipline skills. Prudence is one of the virtues, which entails the wisdom that enables an individual to ensure a balance when handling two extreme...
Processing costing is the most viable accounting method to be used by Ada Wilson Factory to account for the cost of manufacturing NFL footballs. The process costing method will be used because the Factory produces NFL footballs in large quantities, and the products are similar. In addition, the method assumes...
The new product development is a compound process that consists of diverse stages directed to collecting and analyzing the data related to the market and developing a profitable offer based on the research. Each product development process includes such stages as idea generation, idea screening, feature specification, development, testing, and...
Project cost and funding mix IBP, Inc (2017) states that the project cost is estimated at $ 500 million. It was financed by equity capital received from shareholders and external borrowings. OM Sarawak comprises a joint venture between OM Holdings Limited (OMH) – 75% and Cahya Mata Sarawak Berhad (CMSB)...
Introduction Mike Rose’s essay, Blue-Collar Brilliance, illustrates why blue-collar employees should not be labeled as incompetent or uneducated. He mentions his mother, Rosie Rose, and his uncle, Joe Meraglio, as personal examples to demonstrate that blue-collar employees put in a lot of effort and should not be stigmatized in society....
Globalization has affected and caused changes in multinational companies’ strategies (MNEs) and other large corporations operating in different countries. Globalization is described as a continuous process through the integration, global communication, and trade network of regional economies, societies, and cultures. While developed nations’ internationalization has been long pursued by multinational...
Toxic managerial behavior harms organizations by making workers worry more about surviving in the office jungle than the actual work tasks at hand. These behaviors include humiliation, devaluation, blaming others for their mistakes, bullying, and aggression (Senge, 2006). This can also manifest itself in the gaslighting form, a type of...
Introduction The way companies treat their clients predetermines the perception of the brand by the general public. It is important because the contemporary penetration of social media publicity into everyday life makes every corporate action matter to society. Ultimately, the impact of customer service outcomes is seen in the profits...
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...
PepsiCo’s transition to integrated business planning (IBP) seems rather convenient and beneficial for advancing financial integration and other crucial aspects that contribute to achieving strategic goals. As the company has united its departments, the shared data regarding delivery, manufacturing, and sales is now easily accessed and can be used to...
John Deere is one of the most successful agricultural machinery companies in the world today. In 1963, the company became the world’s largest manufacturer and supplier of agricultural and industrial equipment (Korinek and Stiglitz, 2021). Globalization has significantly affected the company both negatively and positively. One of the significant adverse...
Introduction Servant leadership is a vital concept that every person aspiring to be a captain should strive to practice for their followers. This notion is profoundly portrayed in case 8.2: St. John the Compassionate Mission. The concept depicts how organizational culture and managerial tactics can be used to develop and...
Introduction Lululemon is a multinational company specializing in selling athletic apparel. While the company has been experiencing worldwide success and opportunities for growth and market expansion, some circumstances turned out to cause the corporation financial issues. Moreover, the customers grew unsatisfied with the selection of items they could reach in...
In response to the increasing competition in many industries, corporations are restructuring themselves to operate globally. The international configuration of businesses gives access to cheaper resources and costs, large produce markets, and subsidized financing opportunities (Deng et al., 2020). For instance, an organization may adopt a multi-domestic system where all...
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...
Introduction As the world is changing, there is a growing need for leadership development strategies that reflect the transformations. Professionals in all spheres, from education to business to the military, strive to improve the effectiveness of their teams. Therefore, long-term investment into research is required for the efficient management of...
Purpose Company ABC is in the business of investing with support for green projects. ABC is interested in creating a “solar” project which will fully install and staff solar panels to ensure the safe transformation of solar energy into electricity. Background of Organization ABC is organizing activities to contribute to...
Introduction Ethical standards in the field of accountancy are an essential factor due to the focus on uniformity and justice in the marketplace. Over the decades, different countries implemented various principles within the financial sector to enhance the optimal monitoring of the performance within the business environment. However, the expertise...
Introduction In the modern world, Sony is a multinational enterprise that produces and sells various goods, such as gaming consoles, TVs, smartphones, technological devices, and even movies. Sony is a Japanese corporation with its headquarters in Tokyo; however, it developed over time and currently functions in regions like China, Europe,...
Introduction The psychological process of adapting to a new culture can be referred to as cultural adaptation. Culture adaptation may include learning the language of a new culture, dress code and how to access goods and services in that particular culture. For a business to function effectively, organizations and individuals...
The processes of change management and strategic planning are complex and multi-dimensional as they entail the collaboration between relevant stakeholders, each of which has their defined roles and responsibilities. The strategy change cycle is among the primary processes of strategic management that links the processes of planning and implementation and...
EBay’s original business model vs. its current business model In fact, eBay initially began running its business model based on the pure auction principle. At that time, bringing such a process to the internet was an absolute novelty with its benefits and drawbacks. On the one hand, people have lost...
Impact of E-commerce E-commerce is increasingly shaping how small business owners conduct their activities. With proper customer value and cash flow management, E-commerce has helped small businesses incur a significant increase in revenue and better customer awareness. According to Cadden and Leuder (2012), the management should pay close attention to...
The Blake Mouton Managerial Grid is a leadership framework based on two behavioral pattern dimensions. The first dimension represents a concern for people that detects the leader’s number one priorities: employee satisfaction, motivation, and positive emotional well-being. The second dimension represents a concern for results, implying the leader’s emphasis on...
Background Analysis Starbucks Coffee Corporation was founded in 1971 in Seattle, the USA. The company is a brand premier coffee retailer and roaster. Nowadays Starbucks operates in more than 62 countries and has approximately 200 000 employees. The company’s feature is that they use only high-quality coffee and tea sorts...
Introduction In the contemporary world, there is a variety of events intended to show different organizations’ improvements and innovations in distinct areas of activity. It is possible to state that World Expos is essentially a large exhibition for countries to display the last achievements and advancements made. This event happens...
Both at the individual and corporate level, entrepreneurship and business are becoming an integral part of any innovation ecosystem. The corporate entrepreneurship theory is based on interaction of innovative efficiency, and media entrepreneurship (Hampel et al., 2020). Corporate entrepreneurship (CE) is a process that allows existing companies to expand and...
Introduction Airlines around the world were the first to face the difficulties caused by the coronavirus pandemic confronting closing borders, banning flights, and a total drop in passenger traffic. This can be explained by the volatility in the transport industry, which is 1.5–2 times higher than in other services and...
Introduction Some companies try to show that they are more helpful and caring than others in the modern world. Although there are such brands in certain cases, there are also those that hide their businesses’ unpleasant but significant sides to keep successfully operating. One such example is the case of...
Human Resource Portfolio Analysis The International Olympic Committee (IOC) has a unique human resource management (HRM) since the organization attracts both employees and numerous volunteers. The IOC’s HRM focuses on the recruitment process, training, and motivation system. The sports industry is structurally complex, which is especially true for international organizations....
Introduction Tesla, Inc. is an American corporation located in Palo Alto, California, for electric vehicles and sustainable energy. According to Musk (2020), the stock value of Tesla exceeded the boundaries of 150 billion. It made the electric car startup more valuable than the combined GM, Ford, and Chrysler and the...
The Key Drivers of Globalization and International Trade on the Context of the Amazon Organization Globalization is the name used to describe the growing cross-border trade in products, services, technology and investment, and people and knowledge flows of economies, cultures, and populations in the world. Various technological developments and progressive...
Maybelline is a leading skin-care, cosmetics, and personal care products company based in New York. The company sells makeup products, including mascara known as “Maybelline Great Lash Mascara.” The company advertises this product in Teen Vogue as “America’s Favorite Mascara.” This is an example of an advertisement that employs the...
Executive Summary Samsung remained the biggest smartphone maker in the world until Huawei surpassed it in April 2020. The market share of the North Korean company dropped only to 17%, which is enough to stay ahead of Apple and Xiaomi, who are their main global rivals (Singh, 2020). Such changes...
Introduction Military training and experience are systematically known for creating highly efficient, cohesive, and resilient organizations which is the national military and its units. In the post-9/11 era of regional conflicts and short-term deployments in global anti-terrorism efforts, veterans often find themselves entering the labor force, with the experience often...
Introduction Background Adidas’ founder, Adi Dassler, became passionate about providing athletes with quality apparel to improve their performance. He made the first pair of shoes in 1920 but registered a company four years later in a small town in Germany known as Bavaria. In 1949, Adi Dassler registered a new...
Fashion Nova was founded in 2006, and today, this fast-to-market apparel and lifestyle brand has over 25 million social media followers. The company’s clothing is worn by stars such as Cardi B and Kylie Jenner. In 2018, it was the most popular fashion brand on Google. Richard Sagian, founder and...
Leadership is an essential factor that determines the level of performance and success in organizations. Leaders influence relationships among employees and between their institutions and various stakeholders. The great man theory is one of the perspectives used to explain why some individuals have abilities to guide others, teams, or organizations...
Introduction The locomotive industry entails a diverse range of corporations and organizations involved in designing, developing, producing, and marketing motor vehicles. Stakeholders in the automotive industries vend machines across the world markets, which cover both advanced and developing nations. The development of the motorized industry has been affected by various...
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...
Data Governance includes the processes and technologies required to manage and secure data as a company asset to guarantee complete and reliable corporate data. It concerns creating methods and techniques performed by the responsible team for standardizing, integrating, protecting and storing corporate data. This paper aims to define the concept...
How have the various stages of Roizen’s career leveraged assets and competences acquired on previous stages Heidi Roizen managed to make use of her past experience and networks at each of the following stages of her professional path. Her first job was at Tandem, a technology company in the Silicon...
Introduction Shoe Dog is a true story about the founder of Nike, Phil Knight, and his struggle to come up with a strong shoe brand. The title shoe dog is symbolic of the struggles involved in the shoe industry’s manufacturing and distribution aspects. Phil explains how his dream of building...
Operation Process of Nissan’s Production System Nissan’s production system meets the modern standards of a competitive market and is based on several significant aspects. Firstly, this Japanese automaker maintains a constant interaction with the target audience by reacting to the demand indicators immediately and, thus, adjusting the pricing policy (Reuters...
Followership and servant leadership styles are the primary forms of leading people, especially in the army. Therefore, army officers typically resort to these two types because they are increasingly influential and demand soldiers’ engagement as well. As a rule, soldiers tend to develop better by sharing experiences and opinions with...
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...
Executive Summary Starbucks Corporation, one of America’s most prominent brands, is a globally renowned premier roaster, marketer, and retailer of specialty coffee headquartered in Seattle, Washington. Founded in 1971, the company has registered immense growth over the years to become the world’s largest coffeehouse brand, with a global footprint of...
Companies that manufacture food utilize various appeals to reach out to the public and promote their products. The goal of food advertisements is to convince people of different age groups, gender, and culture to purchase a food product. Furthermore, promotions play a significant role in convincing people to choose a...
Introduction One of the most challenging and disconcerting decisions faced by employers and human resource (HR) managers in establishing a fair and equitable standard for promotion. Many public and private sector organizations are in a dilemma when creating union contract clauses because the HR managers may prefer merit or ability-based...
Leadership is the achievement of an objective through the direction of human assistance. It is less about a strong individual but more about a group of people working together, to achieve results. Nobody is born a leader, but an individual becomes a leader because one is trustworthy, and people would...
Introduction Information Communication Technology (ICT) has shaped different aspects of business performance by automating processes to create better and more efficient systems for completing workplace tasks. In this regard, technological use has changed how workplaces are organized and redefined techniques used by employees to complete organizational tasks (McStay, 2020). However,...
Global Company Overview The Coca-Cola Company specializes in producing and selling non-alcoholic beverages. The signature drink originated from Atlanta in the late 19th century, and an organization was established to sell it (The Coca-Cola Company, 1). In addition to Coca-Cola and its variations, the company distributed approximately 200 brands, including...
Summary Despite being a large international company, Honda has incurred the negative consequences of the world pandemic to a large extent. First of all, the demand for cars has considerably decreased. Business Today reports: “Japan’s No. 3 automaker expects profit to sink to 200 billion yen ($1.89 billion) in the...
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...
Introduction Amazon Incorporated is an American multinational corporation that offers services in several areas, including artificial intelligence, e-commerce, cloud computing, and digital streaming. It is among the best information technology companies in the United States, and among the largest Fortune 500 service companies in terms of market capitalization. The company...
Introduction Johnson & Johnson is a multinational corporation with dozens of brands producing mainly pharmaceutical and consumer health goods. The company was founded in 1886 by pharmacist Robert Wood Johnson and his two brothers (Reed, 2020). Eight years after its foundation, Johnson and his brother started the first line of...
Scenario 1: Turnover Issue in the Human Resource Department The company aims to analyze the high turnover issue that the human resource department faces and arrive at a solution that will solve the problem. As a problem-based approach confined to a specific area of the company, the safest option is...
Communication technology has evolved to become a critical part of human life today. By creating new and innovative modes of communication, people can talk over long distances. Such connections have played an important role in developing the world, with a majority of human beings benefiting from them. Communication technology revolutionized...
Introduction The current report examines the financial performance of a top carmaker in the motor industry. The company to be analysed is Toyota Motor Corporation, Japan. A number of financial ratios will be analysed with a view of understanding the company’s profitability, earnings, risks, and cash flow in the last...
Introduction To avoid conflicts of interest, comply with the set laws and standards and bring credit to the profession, the contact managers are expected to hold a specific code of ethics in line with the profession. The skills and competencies needed vary depending on the details of creating and administering...
Introduction Technology is here with us, it is here to stay, and therefore adopting technology has become a trend in many sectors of the economy. Despite the adoption of technology as a trend, it has proved to be the only way to survive in this competitive environment. Competition in all...
Consumer-Buying Process for BMW The consumer buying process is a framework designed to describe customers’ paths on their way to making a purchase. With BMW, the consumer-buyer process begins with recognizing the need to have a vehicle that facilitates day-to-day transportation. At this stage, a particular problem may arise, for...
Introduction The Chinese market is earning increasing recognition for offering unlimited opportunities to global corporations, spurring massive inflows of foreign direct investment. This trend is attributed to several socio-economic and political developments in China, including increased adoption of the rule of law, sound institutional reforms, and high research and development...
The main focus of the classical organizational theory is changing the management process to improve work performance. Different researchers attempted to create an effective system regarding three different aspects of management that can increase work efficiency. For instance, Henri Fayol was trying to construct a theory of classical management to...
Trends in Accounts Receivable Notably, Ace’s accounts receivable hiked by $100,000 from 2018 to the year 2019. The increase exemplifies that more customers are paying their balances. The Organization’s sales on credit accounts are the primary factor behind the increasing trend of accounts receivables, reflecting the Company’s receivable turnover ratio....
Introduction In recent decades, societal development in different industrial representations experienced unprecedented growth. It was based on running various social and economic systems that brought developmental value while also consumed a significant number of resources that potentially caused environmental issues (Zuofa and Ochieng, 2016). Respectively, organizations faced the requirement of...
Introduction Firefly is a fast food restaurant located in Aqaba, Jordan. The casual environment blends its comfortable atmosphere with a menu of delicious burgers. In this case, the mission of the organization is to not only offer its visitors an unforgettable taste but also make the service as efficient and...
For Kay cardholders, the company charges an Annual Percentage Rate (APR) of 5%-24.99% on purchases not paid within 25 days after the closure of each billing cycle. Billing cycles occur after every month. The charges vary remarkably from one state to the next with Arkansas charged the least (at 5%)...
The selected business industry for this scenario is the smartphone industry. The business research topic is customer satisfaction and value perception. The purpose of the global marketing research is to find the impact of consumer perceived value (CPV) on a smartphone purchase intention. Maximizing CPV is a major challenge for...
A theory of change is a comprehensive description of how the desired change is expected to transpire in a work context. An organization or individual should admit three factors for succeeding in any change. It includes dissatisfaction with the current situation, a clear vision of the future, and the first...
The term “human factors” encompasses the various influences on the project that its participants can have. In some cases, they will be positive, such as creativity or motivation, which can drive performance beyond expectations. However, in other situations, they will have an adverse effect, such as when team members engage...
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 Accounting is an activity of maintaining final records that require an orderly procedure to achieve desired results. Internal auditing is a function performed by a profession where he analyses and evaluates business projects or activities, determining the best in overall to help in achieving the objective of the business...
In the epoch of globalization, multinational corporations (MNCs) became powerful and international actors on the international stage. This position was achieved partly due to the practice of attracting external resources from third-world countries. Alongside globalization, in the modern world, global stratification is an immensely significant phenomenon that refers to the...
Summary People strive to improve, but it usually comes at a price. Organizations have to consider how to boost effectiveness, whether by increasing the amount of equipment and personnel or working in the existing state. There might not be the right answer, as it depends on the financial and human...
Strategic planning process Strategic planning process is a critical component of the health care delivery system. Its application cuts across governmental and private practice institutions. Ordinarily, it consists of four main steps which include situational analysis, strategy formulation, strategy implementation, and strategy evaluation (Duncan, Swayne and Ginter 2006). All these...
The fraud statute founded in 1677 through an act of parliament and developed through legislative processes over time is now adopted in the judicial systems of many nations in the world. This statute gives provisions governing a contract between two parties. In most of the statutes, the memorandum demands that...
Introduction Since the era of the industrial revolution, technology has been playing an important role in continuous improvement of organizational performance. In the last three decades, information-based technology has become a major point of focus for small, medium and multinational organizations that seek to improve their competitiveness in the market...
Introduction Professionals in the healthcare sector need to develop and apply the best leadership styles to support the delivery of personalized medical services. They should also have appropriate models for improving their competencies continuously. Practitioners who focus on emerging ideas and meet the demands of the followers and patients will...
Introduction Almost everyone at the workplace has been directly or indirectly offended by some indecent poster or posters at the workplace. The photo of a girl posing in a suggestive way or of a cartoon saying some lewd joke that is only funny to a select few is not an...
Summary BCD intends to be one of the most renowned companies in the U.S. and subsequently expand its wings to receive global recognition. The company plans to venture into the Artificial Intelligence (AI) business, offering different opportunities to the target market. BCD aims at embracing the best services in the...
Decision making is described as the process of choosing which action to take when there are a number of alternatives to consider. Wise decisions should always be made so as to achieve best results from the decisions made (Van & Schein, 1979). However, it should be noted that an individual...
All areas of a person’s activity are interconnected, influencing one another in a particular way. Each individual possesses a range of specific interests and hobbies that might not have an obvious relation to their primary sphere of studies. Nevertheless, extracurricular activities are capable of having a direct positive impact in...
Analysis of Barry Minkow Barry Minkow was born on the 17th day of March 1967 in Reseda California state (Akst). During his childhood, he stayed with his Jewish parents in a middle-class suburb in the San Fernando Valley. His parents operated a garage while the mother was working as a...
The business sector is shifting towards prioritizing the embrace of inventory management systems for corporate tenacities. Optimizing a communal through inventory system is conceivable, as the approach empowers business entities to hold onto a specific operational level that eliminates the out-of-stock circumstances (Cholowicz & Orlowski, 2016). The inventories also support...
Introduction Project planning is the foundation of any project work success. Managers need to understand all the steps in the project planning process. There are several approaches to project planning but a few are universally acceptable as vital in project planning. This essay seeks to address the topic of detailing...
Introduction Corporate governance has become an international phenomenon. The recent financial scandals and bankruptcies of big multinational companies have really impacted almost every nation. Realising the significant, the nations around the globe are either establishing corporate governance guidelines or codes or refurbishing their guidelines already in force. International governance principle...
Introduction In the present day, Nike may be regarded as one of the most well-recognized international companies all over the world. Originally called Blue Ribbon Sports, it was found by a track athlete Phil Knight and his coach Bill Bowerman in 1964 (Ahmed, et al., 2016). Over the past decades,...
The article “New Revenue Recognition Guidance and the Potential for Fraud and Abuse: Are Companies and Auditors Ready?” by Douglas R. Carmichael (2019) raises an essential topic of whether the guidance and a standard introduced by the Financial Accounting Standards Board meet the objectives stated by the organization. The author’s...
Emotional intelligence (EI) is a critical indicator of managers’ leadership qualities and skills since it determines their interaction with subordinates. At the same time, EI in health care is equally essential for ordinary employees and managers because of their constant communication with people and the complexity of experiencing emotions. My...
Introduction Corporate governance plays an important role in disciplining the management of the company like transparency in financial reporting and having robust internal controls. Enormous responsibilities like audit committee, a duty of the auditors and induction of non-executive directors to act independently have been inflicted on the management of the...
Introduction Successful organizations have mastered the art of forming effective teams from groups. A team and a group differ in their purpose, structure, and function. A group encompasses a collection of people who come together to achieve a common goal. Responsibility and accountability are individual and there is only one...
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...
The oil industry has always played a significant role in the economics of any given country. The industry is complex and occupies a substantial portion of the global market. The complexity of the supply chain caused it to be divided into three separate segments: upstream, midstream, and downstream. It is...
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 Situational framework peculiar to different organizations impacts decision making regardless of its complexity. However, in complicated, complex, and chaotic contexts, the selection of the correct solution can be challenging because of the many unknown factors and high turbulence (Snowden & Boone, 2007). Under these conditions, the application of the...
Accounting and reporting issues have the power to diminish a company in a short amount of time. Enron’s case is a proof – one of the largest companies in the United States went from $90 to $0.26 per share in a matter of days (Segal, 2020). The management of the...
Contemporary marketing efforts of businesses require the creative use of multiple channels that will allow connecting with a consumer and delivering a message about the brand. Integrated marketing communication (IMC) is a combination of all communication channels available to the company and the use of them as an advertising method....
The success of Spanish retailer Zara can be measured by the number of its stores found in the most prestigious capitals around the world as well as in comparatively small towns in the middle of nowhere. The brand belongs to the INDITEX group and can be put under the umbrella...
Background Coffee Maker Supreme is a worldwide manufacturer of coffee making machines. The company has achieved a global reach in the past few years through its modernized web-based sales approach. The company had manufacturing plants in four different locations across the globe. However, due to the increased demand for specialized...
Introduction Globalization is gaining more and more impact on institutions, ranging from small companies to multinational corporations. The shrinking of international boundaries among enterprises and their markets has made it necessary for institutions to come up with the possible strategies for dealing with the demands of such diversification. The element...
UnitedHealth Group Incorporated (UNH) is a managed healthcare company located in the United States of America. In 2019, it was ranked as the second biggest healthcare provider in the world with a revenue of 240.3 billion dollars. Certain factors most likely contributed to its high place in the industry, including...
Corporate social responsibility (CSR) is one of the most fundamental subjects in contemporary business. The idea that any company holds an obligation towards humanity to maximize its positive effects on society while minimizing negatives has become even more critical in recent years, with public debate becoming more active (Bateman, 2017)....
The name of the marketing plan is Community Based Fundraising. Multiple generations of contributors and potential fans will be targeted using different advertisement techniques, including traditional promotions and social media posts. Older fans will be targeted with advertisements focusing on community pride, while social media engagement and promotions will be...
The existence of intricate global supply chains is one of the defining characteristics of the modern world economy. It is typical for a product sold in one location to be assembled in another from parts created at a third site using raw materials from all over the planet. As a...
Introduction Corporate governance can be defined as how companies and corporates are controlled and directed. Since corporates play an important role in the society of wealth creation, tax payment, and provision of employment, there is the need for them to be controlled, so that their operations ensure the maximum realization...
Macro-environment The key principles of macro-environmental analysis are involved in the PESTLE matrix. Hence, considering the environment of Nike in general and Air Force One, it should be emphasized that the environmental perspective of this production is far from perfect, however, the product is highly demanded. (Lorat, 7) Political Actually,...
Introduction Management and leadership are two closely related disciplines. These disciplines complete each other since there are instances when a manager has to show leadership qualities. Similarly, managerial skills are required of a leader. Despite the close correlation between the two disciplines, there are key disparities between the two disciplines...
Introduction For the last two decades, the number of people across the globe (both young and middle aged) preferring urban and casual wear keeps on rising every day. The reason behind it is the growing trend of modernization, urbanization and the need to appear decent and fitting in the current...
