11205 samples of this type
This UniQlo SWOT analysis studies the clothing brand’s strengths, weaknesses, and opportunities. It also includes a UniQlo competitor analysis which identifies potential threats to the brand. Finally, this report explores the internal and external risks faced by UniQlo in the Chinese market. UniQlo SWOT Analysis: Strengths The company has very...
Abstract The study was carried out to develop an understanding of the intricacies and utility of brand effectiveness. Starbucks’ expansion in Bangladesh was chosen as the scenario for which the effectiveness of brand effectiveness was tested. Primary data was collected through the survey questionnaire while secondary data was collected through...
The market mix is described as the combination of the four main elements of marketing, which are the product, price, promotion, and place to meet a certain market need. The market mix model is usually used as a tool by many companies to define their marketing strategy to attempt and...
Wells Fargo Strategy: Essay Introduction Wells Fargo & Company (also called Wells Fargo) is one of “the leading financial services holding companies in the globe” (Our strategy, 2016, para. 3). The firm has numerous stores across the United States. The company has been leveraging its distribution strategy in order to...
Introduction Cultural distance influences the efficacy of management approaches in different cultures. The differences affect aspects such as negotiations and conflict resolution, which form part of business processes such as mergers and acquisitions, and labor negotiations (Metcalf, Bird, Peterson, Shankarmahesh & Lituchy, 2007). This paper evaluates the differences in culture...
Marx and Weber are two key figures of science. Their outstanding works on capitalism are popular even nowadays. The fascinating thing is that their views on capitalism differ to a great extent. Do you need to compare and contrast Karl Marx’s and Max Weber’s approach towards the understanding of capitalism?...
Introduction Seow (2014) is articulate about the fact that “running a café is no piece of cake.” The last five years have been characterized by a boom in the café business, with more than 350 new cafes, snack bars, and coffee houses opening up each year in Singapore. Unfortunately, around...
Short Biography Ferruccio Elio Arturo Lamborghini was born in April 1916 in a small village Cento in Italy in the family of grape growers. From his early years, he had exposed a great predisposition towards industrialism and machine building. When Ferruccio Lamborghini was a little over thirty years old, his...
Background of the study Workplace disability refers to a situation where an employee sustains physical or mental impairment. This state of affairs substantially limits performance of some activities. Both domestic and international human rights bodies have variously addressed the matter in favor of incapacitated employees. Many governments around the world...
The Somerset Furniture Company experiences significant problems with organizing the transportation of the prepared furniture from China to the United States in order to provide customers with the purchased pieces without any delays (Russell & Taylor, 2013). It is important to note that if the company completes all the required...
Creating a strong supply chain is the first step toward improving the performance rates of a company. A well-designed supply chain allows improving the firm’s overall performance by enhancing the cooperation between its departments and providing opportunities for timely deliveries and, therefore, an increase in customer satisfaction rates. By deploying...
Abstract The success puzzle for organizational change implementation management strategy delivery operates on the ability to balance the soft skills that determine organizational principles. Besides, defining the value of the business, determining requirements, clarifying the vision, building teams, mitigating tasks, resolving issues, and providing direction complete the response projections, which...
Introduction The following is a discussion concerning why main business companies do not have new business venture and why they do not have such ventures. Here, we shall explore why reputable business organizations are scared of having new ventures. The first part will deal with the reasons why big corporations...
Shell Change Management Case Study: Introduction This assignment is a case study on organizational change and change management. The case study is based on a Canadian based organization known as Shell Canada. This organization is one of the many organizations which have undergone through major changes in the recent past....
Are you looking for an essay example on Porter’s diamond model in international business? Then you are at the right place! Here are some questions that you might be interested in: Which of the elements in Porter’s diamond model of national advantage takes into consideration companies that locate near the...
Introduction E-commerce is the use of internet platform to carry out business transactions. It entails digitalization of all business activities between an organization and its customers or clients. On the other hand, e-business refers to digitalization of transactions and processes within an organization. However, the two concepts have similarities owing...
Web-based systems for data storage, assessment, analysis, and further application have become rather common nowadays. More importantly, these systems can be used for both personal and professional purposes, which has opened a plethora of opportunities for business and entrepreneurs all over the world. However, defining the web service that provides...
Executive Summary Wal-Mart Stores is a multinational company that operates retail stores in different set ups across the world. It operates more than 9667 retail units in 28 countries with an employment of 2.1 million associates. Wal-Mart is a leader in employment opportunities, corporate philanthropy as well as sustainability. Indeed,...
In the essay, you will find a discussion of the challenges and strategies for overcoming resistance to change in the workplace. Drawing from personal experiences and research, the paper explores the various reasons behind resistance to change and offers practical advice on how to cope with change and adapt to...
Enterprise Level Strategy Costco is a leading American wholesale corporation. It operates as a warehouse club that offers a variety of goods and services to its members. The organization’s mission is to offer high quality goods and services to its members on a continuous basis. To achieve this objective, the...
Introduction Every company or any institution has certain objectives for a fixed period to retain its competitive edge in the market. In order to attain those objectives, there must be some planning on how it is going to operate. This planning does not come handy unless and until it is...
Abstract The case study contains the answers to the questions based on the book of Daniel Terris. In his book, Terris deliberates the history of commercial ethics in the United States since the late 1800s with admiration “to anti-competitive practices, seeking unfair advantage through immoral arrangements with suppliers and public...
Decision making is an integral part of management. On many occasions managers are not conscious of the decisions they make every day. Whether decisions are made consciously or unconsciously, they have direct or indirect effect on an organization (Russo & Schoemaker, 1990, p.23). To be good decision makers, managers have...
School Objectives and Rationale The opening of CNA Preparatory School is supported by the necessity to effectively prepare applicants for state examination that has to be passed in order to obtain the license of the Certified Nurse Assistant. The major objectives of the school include: to give students the idea...
Introduction Each business has characteristics that make it unique in regard to how it operates, its internal and external environment, and the processes correlating with its work. A variety of factors are included in the establishment of a company’s influences. Managers can implement strategies to generate a more balanced environment...
Analysis of Company Information and Supporting Evidence Glossier sells cosmetics and skincare with an emphasis on accessibility, equality, and transparency. Makeup products like Boy Brow and Cloud Paint, along with skincare items such as Milky Jelly Cleanser and Super Bounce serum, are just a few ways they aim to enhance...
Identification and Role of Oxfam’s Stakeholders The case study describes the journey Oxfam has taken to achieve the value of transparency and information accountability in an effort to restructure its reputation and achieve efficiency. Oxfam has many stakeholders with different functions, needs, and degrees of power (Fernando, 2023). First, there...
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...
Executive Summary The new business venture, situated in Liberia, will be named Distinct Fashion Designers (DFD). It will deal with making designer clothes requiring less seaming. The clothes will also adapt African styles and will be of light materials and colors. The application of product differentiation strategy inspires the project’s...
Introduction Nowadays, one of the most attractive and sought-after professional areas is data management. This activity area requires skills in working with large and heterogeneous data for analysis and visualization. There are many examples of how data is being used in the digital age. The Use of Data Analysis in...
Case Background Peabody Fabricating Company is currently reviewing the benefits of producing its component over purchasing an identical product from a supplier in the future. The annual demand is 3,200 units, and the cost of capital is 14%, according to financial analysis. According to the accountants from the case study,...
The Elements of the Firm’s Promotional Mix McDonald’s is a company with a versatile promotional mix (PM). The first element of the corporation’s PM, digital and social media marketing, includes publicity that people can view on different devices (Marshall & Johnston, 2019). For instance, McDonald’s has developed digital commercials that...
Introduction Amazon is one of the biggest multinational companies that provides people with different services through social media and online platforms. In the Ionology quadrant, Amazon shows successful planning, which allows controlling different media types (“About Amazon,” n. d.). The theory has four main parts: advocacy, attention, authority, and prime...
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...
Bally Total Fitness Case Study Background During the last two decades, the health club sector in the United States (US) has expanded tremendously, going from 6,700 to 27,000 by 2004. These health clubs’ expansion may be attributed to many causes, such as the growing number of health-conscious customers. This discussion...
The competitiveness of an organization ultimately depends on how well its management can apply various approaches to enhance the productivity of employees, who are considered the main assets of the company as they offer the skills and performance that are detrimental to success. Managing employees is among the crucial tasks...
Entrepreneurial leadership is a contemporary and innovative method of management that combines leadership abilities with an entrepreneurial mindset. Furthermore, entrepreneurial leadership involves creating innovative products, processes, and options for growth in established firms, collaborating in societal structures and interacting with neglected societal problems, engaging in political agendas, and influencing the...
Introduction Business invariably responds to the needs and demands of the community within which it operates. In the last several decades, such issues as climate change, pollution, and the impact of business operations on the environment and the public have come to the forefront of the discussion (Ghardallou & Alessa,...
Return on Equity (ROE) Return on equity, also known as ROE, is a measure of a company’s financial performance that is determined by dividing net revenue by the total amount of stock owned by stakeholders. ROE is commonly referred to as the return on net assets since shareholders’ equity is...
Introduction There is continuous debate about whether businesses must consider the interests of their stakeholders, which include employees, consumers, retailers, and suppliers, or if they should just be concerned with producing profits. When a corporation evaluates the impact of its decisions/operations on the environment, workers, local community, and society, it...
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...
Introduction Employers who offer bonuses, paid time off, wellness initiatives, employee discounts, and tuition reimbursement to their staff are said to be providing discretionary benefits. Employers provide these incentives even though they are not necessitated by law in order to recruit and retain talent, raise morale, and increase output. Understanding...
Introduction The theme of the seminar was leadership and management in the banking sector. The guest expert is David Boyd, Assistant Vice President of the Retal Community Bank, and he has 25 years of experience in the banking leadership role (Central Piedmont Community College, 2023). He spoke about the role...
Executive Summary This report identifies challenges faced by NorLand Limited, such as siloed business units, lack of collaboration, misaligned incentives, and the need for succession planning. The report recommends increasing transparency and communication, investing in technology, and developing a succession plan to address these issues. An action plan outlines immediate,...
Introduction Changing a company is a complex endeavor requiring a strong and confident leader. The case of the British company Unilever presents Paul Polman – a CEO who set out to radically transform the company’s vision. At the time of his appearance, Unilever was suffering from the loss of demand...
Introduction XYZ recruitment company provides talent acquisition solutions and is committed to helping organizations like State University attract the best talent that drives organizational success. The recruitment agency understands the difficulties organizations face when filling a vacant position, especially a management role, and the importance of finding the correct applicant...
Executive Summary In this report, the analysis closely looks at EasyJet and the industry in which it competes. To achieve this, the paper has looked into background information on EasyJet. The company was founded in 1995 by Stelios Haji-Ioannou and has gained rapid recognition in the airline industry. The idea...
Introduction Information management (IM) is a critical aspect of healthcare organizations, as it involves collecting, storing, and disseminating sensitive patient information. In order to guarantee the confidentiality, integrity, and availability of this information, healthcare organizations must comply with various IM standards set forth by regulatory bodies such as the Joint...
Abstract Problem. Today, the Big Four accounting firms take up 99% of the auditing market and 40% of the consulting market. These companies continued their steady growth even during the period of the COVID-19 pandemic, which slowed down the economies around the globe. However, it is unclear if these companies...
Bharti Airtel Limited is an Indian multinational telecommunications corporation that was founded in 1995 by Sunil Mittal. At the time of the company’s establishment, Mittal’s starting capital was $900 (Palepu & Bijlani, 2012). The company mainly provides services in the field of mobile communications, broadband and telephone services, and long...
Introduction The success of any business depends on its pricing strategies, competitive environment, and its scaling approach. Among the renowned companies in Singapore that consider all three factors is Chope. Headquartered in Singapore, Chope has thirteen investors including Square Peg Capital and Ant Group (Singapore restaurants, n.d.). Arrif Ziaudeen launched...
The usage of social broadcasting sites such as Facebook, Twitter, Instagram, and Reddit to sell company services and goods is known as social media marketing. The company salespeople use the platforms to communicate with loyal and potential consumers to establish corporate culture, tone, and vision. Social media sales promotion is...
Summary A team dedicated to working together through mutual understanding is a cohesive team. Individuals on a cohesive team usually do not feel that they are working for themselves but for the team as a whole, which is the result of working together. Cohesion can be developed through skills and...
Introduction The success of any organization or venture depends on the person who leads the group involved in completing that mission. Leadership is defined as “the art of influencing others to their maximum performance to accomplish any task, objective or project” (Vasilescu, 2019, p. 48). However, to be an effective...
Introduction Many organizations have set out policies and procedures to protect and safeguard themselves against risks. How a business adopts and handles threats is influential to business success. The way a company handles risk-related issues is essential to other stakeholders such as customers, shareholders, employees, and the government. In order...
Introduction The name of Leo Burnett is imprinted in the history of American culture as a unique expression of the approach to advertising aesthetics as a particular type of art. The originality of the Burnett brand lies in the innovative introduction of memorable characters into advertising culture. At the moment,...
Southwest Airlines Company is one of the iconic trademarks in the United States aviation sector. It has been operating for more than 50 years, since 1967, serving most of the U.S. population. Herb Kelleher and Rolling King founded the company in 1967, and with the leadership of Herb Kelleher, the...
Problem Statement The Fashion Channel (TFC) faces problems represented by the inability to compete with rivals due to the firm’s unwillingness to accept changes. TFC has focused on a broad audience for many years, resulting in the company being used to operate in a certain way while other networks utilize...
Introduction Contemporary supply chain management is concerned with building a system that aligns both with organizational needs and customer expectations. Organizations like Cisco, which operates in the tech market, have become more aware of customers’ demands and upcoming trends, thus investing in agility, sustainability, and high levels of digitalization. The...
Introduction This paper will discuss the requirements for pursuing the role of academic researcher in conjunction with a managerial position. Naturally, a manager has a plethora of roles directly associated with their field of work, such as supervising the employees, setting tasks, checking their completion, and working on employee motivation,...
Operating Model Value Chain: The key value chain of this startup will be to cook and sell brunch-type healthy food to the local office workers. Furthermore, alcoholic beverages will be sold in this food truck. The whole business will be operated by five people who prepare meals and take orders....
The major problem faced by Vlasic is the devaluation of their premium brand pickle jars by Wal-Mart. Vlasic built a strong brand over the years and convinced its customers to pay premium prices for their pickles (Lerner, 2018). Wal-Mart sold a gallon of these premium pickles for only $2.97, a...
There are numerous approaches to assessing the value of an organization; however, the resource-based view allows for the most accurate and comprehensive analysis of the key opportunities that an organization can pursue in the selected market. By offering essentially an analysis of the key components of a company’s potential competitive...
Social Learning Theory Basic Provisions As a relevant theory associated with ethical leadership in organizations and the ability to maintain a favorable microclimate in teams, social learning theory may be reviewed. According to Mo and Shi (2017), who analyze this concept in relation to organizational performance, employees tend to show...
Walmart is a retail company that integrates different types of retail stores and has a complex structure of warehouses, supply chain partners, and stores. As a result, its information management system (IMS) is similarly immense, incorporating logistics, transportation, supply chain management, customer management, online shopping, delivery, and more. The business...
Introduction Business competition constitutes a major operational problem that organizations face. Every typical firm works to fulfill client needs to accomplish its objectives and goals. Consequently, corporate executives use both long-term and short-term plans to carry out the business’s ambitions. Addressing competition is among the organization’s improvement initiatives since it...
Introduction eBay Inc., a leader in payment, is a global commerce platform established in 1995 in San Jose, California. It connects millions of sellers and buyers (Kassem 2022, p. 1). They accomplish this by using GSI, which enables e-commerce, digital marketing, and multichannel retailing for multinational corporations (Zarra et al....
Introduction While conflict levels determine the efficiency of a team’s performance, it is highly essential to identify the underlying humanistic facets that contribute to both interpersonal and intrapersonal conflicts for their minimization and effective management. At the same time, a team’s contextual factors and personal characteristics are among the facets...
Home Depot is a multinational home renovation company that deals with all products used in house installations and furnishing. The company’s value creation strategy is set to satisfy the demands of loyal and potential customers through quality improvement. Home Depot’s recent multichannel management innovation has enabled the company to decode...
A business-level strategy is an approach that that aims to identify how a company should compete in each of its divisions. Corporate-level strategy, on the other hand, is an organizational plan that aims to define what type of business a firm should or intends to be. As such, the present...
Introduction The marketing plan that Ford implemented for the Fiesta is a forward-thinking approach to the business of marketing. The automotive business in the United States is a highly competitive market in which a large number of well-established brands currently operate successfully and have a substantial number of loyal customers....
John Maxwell’s book titled How Successful People Lead: Taking Your Influence to the Next Level is intended for people who seek to transform their lives and embark on the path of a successful person. I liked that there are several ideas in this book that may not be new, but,...
Nike’s social media inclusion campaign is a way for the company to contribute to the development of a more accepting society that embraces diversity. As the company is one of the biggest brands in the clothing industry, has a massive following and brand loyalty, and is known worldwide, the social...
The constant increase in healthcare costs associated with the emergence of new medical technologies and medicines, as well as changes in the structure of morbidity and demographic problems, is a global trend nowadays. Holden et at. (2021) emphasize that “this evolution is accompanied by new challenges to deliver safe, high-quality,...
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...
Introduction In the current epoch of unprecedented rivalry emerging from the outstanding variety as well as availability of goods and services, quality is among the most important parameters that enable firms to outcompete the other. Quality management, therefore, has become one of the focuses of strategic planning; a variety of...
A competitive advantage in the context of procurement by an organization such as McDonald’s refers to its ability to offer customers quality goods or products with more value relative to competitors. Overall, a competitive advantage is built over time and involves complex contributions from different departments in an organization. An...
Boeing is one of the internationally recognized manufacturers of commercial airplanes, space, defense, security systems and global services. It is a multinational corporation based in Chicago, US and operates in the aviation sector (Bockel, 2018). The company was established in 1916 by William A. Boeing. It started by selling airplanes...
Introduction Effective leadership skills and clarity of vision have a great effect on a business organization. For many years, the issue of leadership in different organizations has elicited numerous debates and how the impact of clarity of vision and leadership skills creates varied opinions. In the corporate world, there are...
What it signifies to dine out is changing, thanks to food trucks. A transformation in the way that food is prepared and enjoyed can be seen in the vast development in the prominence of food trucks. And the upheaval that the market sector has been going through concerning the existing...
Introduction Health is a priority for millions worldwide; thus, businesses assisting people in maintaining their best physical and mental shape are in demand. Furthermore, the COVID-19 pandemic made well-being socially valuable, enabling tech, food, and consumer brands to switch toward promoting a healthy lifestyle (Mehta, Saxena and Purohit, 2020). Such...
Introduction Aldi is a German-based discount supermarket chain that operates in several countries across the globe. Theo and Karl founded the organization after the Second World War (Gebel & Askinasi, 2019). Before they took over, their mother was running the grocery and transformed it into a supermarket offering goods at...
Microsoft and Apple operate in the same market and have the highest shares in it, competing for decades. While there is a strong imprint on their strategies left by Bill Gates and Steve Jobs, the companies continue to change and adapt to the modern reality. Understanding how this process occurs...
Brief History Like nearly all merchants, Wawa felt the pain of limited consumer spending as the financial crisis of 2008 progressed. Companies were actively copying Wawa’s products in reaction to the recession. Faster pumps with shorter lines and did not charge credit card fees became increasingly prevalent. Stoeckel summoned top...
Marketing planning is a tool that helps a company monitor and controls the internal and external factors that affect profit. Thanks to marketing planning, each company division understands the enterprise’s competitive position and what should be achieved in the future (Fahy and Jobber, 2019). Malcolm McDonald highlighted several critical barriers...
Critical Contributing Factors to Konami’s Success Konami was initially “a jukebox rental and repair shop in Osaka” (Konami – entertainment company, n.d., para. 1). When the advent of arcade machines happened in the early 70s, its founders decided to enter the digital entertainment industry with several titles (Aruru-san, 2022). The...
The CEO of JCP devised a “Fair and Square” concept to enhance sales income and market recognition. However, he mainly changed the logo, spokesperson, environment of stores, sales structure, and pricing strategy. Nonetheless, the CEO primarily altered the brand, spokesman, retail atmosphere, sales organization, and price policy. In other words,...
The global expansion of the fashion brand creates several challenges for companies. In the luxury clothes industry, brand names and designs are important. The value to the customer is increased when the item is created in one global design center that supplies other locations with its designs. However, not all...
Introduction Vertical and horizontal analysis are essential components in analyzing financial statements for the company; both vertical and horizontal analysis presents a significant source of information about the company’s performance for internal users. Therefore, the forms of analysis are used by management to identify issues in the company’s accounting and...
Abstract Although robots are more effective, human service is still preferred in hotel service. They can work under dangerous conditions, provide standardized services and work more than human beings. The inability of robots to interact, show and understand emotions effectively makes consumers prefer human service. Humans’ ability to provide personalized...
Mitsubishi corporation There are various motor vehicle manufacturing companies, thus creating great competition. This calls for involved organizations to create better and innovative strategies to compete in the market. Mitsubishi Motors Corporation is one of the senior automobile manufacturers in Japan, with its headquarters in Minato, Tokyo, Japan (Bhasin, 2017)....
Abstract Marketing is a major determinant of whether or not a company will survive the turbulent market. Most definitions attribute marketing to the processes involved in value creation for consumers. Marketing strategy involves planning, implementing, and monitoring marketing activities to deliver company objectives. This paper explores the Body Shop’s current...
Introduction Organizations have distinct cultures that evolve based on combinations of multiple factors. Starbucks is a company with a unique system of processes that have formed in response to several issues. After being founded in 1971, the corporation went public in 1992 as it completed its initial public offering (IPO)...
Introduction A team is two or more people who work together to achieve a common objective. Moreover, a team might be formed for long-term cooperation or only meet for a few hours and complete a small task. From this perspective, group dynamics refer to how individual team members’ duties and...
The method compares the cost of the total expected benefits from the project with the total costs of its implementation. The analysis has two goals: 1) at the project justification stage, determine whether the benefits from the project exceed the costs and, if they exceed, by how much; 2) create...
The environment in which the sales of computers operate has characteristics of perfectly competitive and monopolistic markets. Due to the enormous variety of price ranges, performance capabilities, and other factors, hundreds of firms are able to compete and observe profits. However, it is also undeniable that a select group of...
A high-performing team is a group whose members are deeply committed to each other’s personal growth and success. It far exceeds not only all other teams but all reasonable expectations, given the abilities of its members. Participants of such a team have a heightened sense of responsibility for doing teamwork....
Businesses operating in today’s global market have no choice but to implement cutting-edge innovations to maintain their relevance, fulfill the requirements of their customers, and maximize income. The usage of physical cards as a check-in technique for establishments of commerce and other types of buildings is rapidly becoming outmoded. The...
Five Forces Analysis of the Global Chocolate Industry The study of various industries and their various components can provide a considerable amount of helpful information. An interesting approach for this scientific work is the practical application of the five forces model by Michael Porter. The main task of this method...
Introduction Woolworths Holdings Limited (WHL) has been in the retail services business for nearly a century: during that time, it has achieved strong profit results. The company uses corporate management strategies to meet its sustainability goals and grow as a business to reach them. WHL competently manages its supply chains,...
Systems thinking is a management approach that focuses on the interrelation of systems and how they operate within the context of larger systems. An excellent example of a system is an organization, as it serves a specific purpose and contains various subsystems such as units. Additionally, as a system, an...
Abstract This research paper covers the definition, strategic effect, and stages of the product design process. This paper also discusses four steps of Vs. Model and the stages involved in their design and selection of product design process. Planning is the essential phase in designing any product. A series of...
Detroit Fire Department is claimed to be one of the most passionate department about helping the community with the highest safety level possible. Workers from this department often teach and train firefighters that came from other states, such as China or the European countries. Detroit department applies modern technology in...
Introduction Human resources processes and practices are essential to encourage well-being and progress and maintain the positive image of an enterprise. It is critical that human resources processes are implemented according to the generally accepted guidelines and measures (Tarique et al., 2016). When a company develops its processes in foreign...
Introduction The global oil industry includes thousands of companies that are different in terms of size, revenue, strategies, and operations. Such types as international oil companies (IOCs) and National Oil Companies (NOCs) are often key players in the market, while the so-called hybrid companies are starting to play a more...
The Hong Kong dairy market is shifting from cow’s milk to plant extracts with fewer calories due to the high prevalence of lifestyle diseases and health concerns (Wu, 2020). Coconut milk contains only one-third of the cow’s milk calories and therefore serves as an antidote to the dynamic dairy market...
Executive Summary Bright Eyes Daycare aims to prepare its students to prosper as young leaders of the future generation by combining an entire competency-based curriculum tailored to children with enhanced first-class childcare services. Bright Eyes will offer after-school tutoring and extracurricular activities such as gymnastics, arts, dance, craft, and theatre...
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...
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....
Summary Mr. Rogers was the epitome of a servant leader, focusing on the growth and development of his community and nation. He demonstrated many core qualities of a servant leader, such as listening, empathy, awareness, and stewardship, encouraging others to do the same to improve their respective communities, workplaces, or...
Employees should be well aware of their manager’s expectations and management style to understand whether they can perform their job properly. Employers should also know what their workers expect from their position before starting the process of employment. When both a manager and an employee have a clear understanding of...
The mission is the organization’s purpose that distinguishes it from other companies in the market. Thus, the company’s mission should answer three questions – What does the company do? How does it do? For whom does it do? In turn, the organization’s vision answers the question “What does success look...
Introduction On the surface, leadership in the hospitality sector has very few distinctive features that make it any different from leadership in any other domain. Indeed, like most other industries, the hospitality sector seeks primarily to promote innovation (Shariff et al., 2020). However, several specific characteristics that make the hospitality...
Management accounting is the task of the financial service of the enterprise: the financial manager or the financial director, but in many small and medium-sized companies, this function is assigned to the enterprise accountant. Financial accounting is regulated by documents and collects information necessary for the preparation of financial statements...
Government and non-governmental organizations (NGOs) are doing a lot more than some might give them credit for, yet the humanity is still far away from reaching any of its sustainability objectives. Over the past decades, the global community started to recognize the role the private sector could potentially play in...
Introduction Companies competing in the free-market economy are always risking facing bankruptcy and subsequent closing. Over the past two decades, in the United States alone, more than half a million businesses have been forced to file for bankruptcy (Statista Research, 2021). Some of them were internationally recognized brands, while others,...
Introduction Nike, Inc., previously Blue Ribbon Sports is a Beaverton, Oregon-based sportswear corporation. It was created in 1964 as Blue Ribbon Athletics by Bill Bowerman, a University of Oregon sports instructor, and Phil Knight, Bill’s student (Kim, 2020). By the early twenty-first century, Nike had store outlets and suppliers in...
Doing business with an individual from the USA differs significantly from an Asian customer. The varying nature of countries and regions propagates diverse cultural norms. Businesspeople should consider these aspects when conducting intercultural commerce. The world is getting increasingly connected with individuals exhibiting cultural differences. Our response to cultural variations...
Introduction At present, Porter’s five forces analysis is one of the most well-known evaluation methods of business performance. Michael Porter (1979) emphasized the threat of new entrants, the threat of substitutes, the bargaining power of customers and suppliers, and competition as five primary elements of economic rivalry. Specifically, the threat...
Introduction A crisis is any event or action that can negatively affect the reputation of a business or undermine the credibility of the market, customers, and partners. A crisis manifests itself precisely when we are not expecting it and are unprepared for it. It is for this reason that the...
Summary Fitbit smart sense watch has led to the success of the company due to its upgraded features. The smartwatch tracks blood oxygen, stress, temperature, and sleep. The gadget has helped fight against the current COVID-19 pandemic since individuals can easily monitor their temperatures. Moreover, it helps the user keep...
PEST Analysis The Essence of the Strategy PEST is a sort of convenient and simple method for analysis of the macroenvironment of a business structure. The method is applied to examine the market and recent trends in an industry. Various factors constantly influence the organization producing cosmetics, so this approach...
The song is the budget arm of Delta Airlines, whose target audience is middle-class women. The airline’s strategy is to provide exceptional service at an affordable price for a specific audience. When analyzing the company’s strategy, the first thing to talk about is a competitive advantage. The company uses a...
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...
Introduction Identifying the target market is vital because knowing the customers will allow the company to sell its products or services effectively. When producing the product, the company should consider consumers’ needs and preferences (Asdi & Putra, 2020). Identifying and analyzing the target market of Samsung will help the future...
Many people believe that the phrases “work group” and “work team” are interchangeable synonyms, but there is a significant difference between these concepts. A working group means employees who work together, striving to achieve specific organizational goals and sharing information, but “actually working independently of each other” (Fritz, 2019, para....
Introduction Management is a complicated process that consists of various activities, including organizing, planning, directing, staffing, and supervision intended to achieve organizational goals. In this regard, diverse concepts and practices have been developed to improve the management efficacy and the overall performance of a company. This paper aims at describing...
Introduction Saputo Inc. is a Canadian dairy company with a history of more than 60 years. Currently, Saputo not only in Canada but also in the USA, Argentina, the UK, and Australia (Saputo, 2017). The current paper examines the profitability of Saputos expansion into Germany, China, and South Africa from...
Modern organizations are facing a great management succession crisis. This is an issue affecting small, medium, and large firms. This case was published some decades ago but the management problems that existed are still fresh in today’s companies. After the chief executive of a renowned company in Wickersham died, there...
One of the main reasons for communication failures is insufficient awareness of the other’s culture and traditions, lacking background knowledge, and intentions to learn it. An accurate translation can improve the brand message and convey the desired meaning. However, some companies, such as Target Corporation, already have an established negative...
The Just-In-Time inventory approach, commonly referred to as JIT, has been adopted by a number of successful companies worldwide. It is a somewhat recent development in operations management that ensures labor, goods and raw materials arrive at the premises exactly when needed for the production process. For the purposes of...
Financial analysis is a process of evaluating the financial strengths and weaknesses of the company by establishing an efficient relationship between the financial statements’ items. As Ravinder and Anitha (2013) discuss in their article, knowing the operational efficiency “will enable the management to locate weak spots of the business and...
Introduction Contract management is the sphere, which implies achieving compromises between different sides and fulfilling their interests, which may contradict each other in some cases. In this context, misunderstandings and conflicts are highly likely to arise, and in order to avoid them, the contract manager’s Code of Ethics has been...
Introduction Tokyo is one of the biggest cities in Japan. It is a city that is dominated by numerous business activities making it densely populated. People travel from far and wide to come and settle business deals in the city. The need for people to transact businesses in the city...
Stock Performance During the last four quarters, Valero’s stock price has fluctuated between $60.83 on 05/2020 and $72.14 on 04/2021 (Figure 1). During this period, the lowest stock price was spotted at $37.88, whereas the highest reached $84.39 one month ago. In March 2020, a powerful oil prices shock was...
Introduction In the field of business, communication is an integral process that defines how information is gathered, analyzed, and delivered. An individual has to be ready to work hard to achieve a number of goals. Some of the most crucial tasks are to make sure that enough skills are defined...
Why Businesses Should Embrace Remote Work Transition to remote work has been a business trend even before COVID-19, but the pandemic forced organizations to adopt this employment type more rapidly and extensively. The study conducted by Felstead and Henseke (2017) shows that the percentage of people working mainly remotely rose...
Introduction The purpose of this paper is to critically evaluate the effectiveness of the system of corporate governance in the UK. Corporate governance is “the system by which companies are directed and controlled” (Cadbury 2002, p. 7). There have been significant developments in the UK’s corporate governance system since the...
A business incubator connotes a group which is informally or formally organized with the aim of providing entrepreneurial ventures with the resources regarded as critical in their journey. The facilities target to inspire sharing of different ideas and knowledge among the incubated firms and offer network services (Høvig, Pettersen and...
For decades, leadership has been considered to be a vital part of an organization’s competitive potential. There is a significant amount of research regarding various leadership styles that led to creating several classifications of their distinct properties. For example, Daniel Goleman’s analysis focuses on emotional intelligence as the basis of...
MGM Resorts International is a holding company that owns and operates casino resorts. It offers gaming, hotels, conference rooms, restaurants, entertainment venues, shops, and other resort amenities. The company is widely represented in Las Vegas but also develops in Atlantic City, Mississippi, Maryland, Detroit, and other gambling zones in the...
Planning is defined as the act of formulating a course of action. The business process involves defining the company’s objectives and goals and the determination of the necessary resources that may be needed to achieve the objectives and goals. The business process is important because in order to achieve any...
Background SWOT analysis is a valuable strategic tool that could be used in planning when doing situational analysis in an organization. The strengths and weaknesses (S/W) aspect depicts the internal strategic factors that could be used to ensure a strong industry position. On the other hand, the opportunities and threats...
Introduction The insurance system is an important sector and it plays an integral role in the economic growth of a country. This system guarantees the social security of the population and leads to notable and positive effects on economic growth by directly enhancing the financial system of the country. In...
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...
The Walt Disney Company is one of the most popular companies that offers entertainment in the form of theme parks, shows, series, merchandise, and movies to its customers of different ages. The company was founded in the 1920s as a cartoon and animation studio, and, after that, it experienced an...
Introduction 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 At present, Toyota faces challenges caused by production globalization, market development, and increasing product complexity. In 2009 due to a pedal problem, Toyota recalled millions of automobiles because of unintentional acceleration and inability to manage the crisis. A quality problem for a brand that has been renowned for its...
Gurau and Ranchhod in the article “International green marketing: A comparative study of British and Romanian firms,” written in 2005 discussed that the most basic idea in green marketing is to promote one’s product or operation, so that one’s consumers will know that the company and its products are environmentally...
