11501 samples of this type
Introduction Hyatt Hotel Corporation is a US hospitality establishment with many branches worldwide. It was founded by Hyatt Robert and Jack Crouch in 1957 when they purchased Hyatt House at LA International Airport. The company went global twelve years later and grew by developing portfolios and acquisitions. The hotel acquired...
Introduction The OSHA is the Occupational Safety and Health Act of 1970, which Congress created to ensure that workers maintain safe working conditions. OSHA is part of the US Department of Labor and covers most private and public sector employers. OSHA alliances establish a system of safety and work environment...
Introduction The target market for the final marketing plan includes a group of consumers who may be interested in a company’s offers. In other words, it is a selected group of potential or current clients to whom a business decides to direct its marketing and advertising strategies to sell a...
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...
Introduction Conflict is a serious disagreement, a radical way of resolving a conflict between people. According to the American Management Association, modern managers devote about 24% of their time to it (Greer & Dannals, 2017, p. 317). It is dangerous for productivity to pretend that conflicts do not exist in...
Introduction Acer, Inc. is a company based in Taiwan, serving several nations. It specializes in advanced electronics technology and is headquartered in Xizhi, New Taipei City, Taiwan. Acer is a company that can provide innovative and high-quality products at a lower price than its competitors. Acer’s competitive advantage lies in...
A learning organization is adept in knowledge creation, acquisition, and transfer, as well as behavior modification, to consider fresh information and insights. Netflix began as an entertainment business that mailed DVDs and offered online streaming and video-on-demand. Currently, Netflix has 103.95 million customers worldwide, 51.92 million of whom are in...
Flexible Work Policies In the contemporary world, more organizations are embracing Flexible Work Policies due to their remarkable benefits to employees and the business. While there are concerns that employees may not be committed to the organization, adopting Flexible Work Policies will contribute to many benefits, such as creating work-life...
Abstract Fraud examination requires determining who may be guilty of the crime and finding vulnerable places in the organization that made the crime commitment possible. The fraud triangle is a model that analyzes three components: pressure, opportunities, and rationalization. They are connected with fraudulent behavior, and usually, the crime is...
Introduction Environmental analysis is an important aspect of business assessment that serves various purposes in aligning strategic policies within the internal and external surroundings. In David and David’s (2014) opinion, environmental analysis is a fundamental approach incorporated in identifying internal and external elements of any business environment. As a result,...
Introduction In analyzing the real data for the Regional Real Estate Company, there is a need to conduct a descriptive statistic for the available dataset. The analysis, therefore, assists in making decisions on whether the new advertisement designed adds value to the company or not. The company has proposed to...
Nintendo is a Japanese cult brand that gave the world NES, Game Boy, and, admittedly, the legendary Mario. During its existence, the company managed to conquer the console and video game industry, failed in third-party markets, and retained international popularity. Rivalry in the gaming industry was non-existent until the 90s;...
Company & Business Description Company Purpose Zappos will seek to create value for its target market, such as young and adult fashion lovers with medium income levels in the U.S. and abroad, by offering a wide selection of clothing and home product categories online. The pride of place will be...
The planning cycle is a step for strategy creation for medium-sized and small projects. The cycle enables one to have the ability to effectively implement the plan, cut costs, and ensure the company’s long-term viability. The planning stage will involve priority recognition, so the main thing to be characterized by...
Introduction and Purpose Amazon Company is a technological business organization that offers e-commerce, digital streaming, cloud computing, and artificial intelligence. It is one of the most renowned brands in the world, operating in different countries. The enterprise is an online retailer offering products and services such as books, movies, electronics,...
Organization Description Human services agencies function as community-based organizations aimed at tackling a particular problem or a set of issues relevant to a significant population of clients. In particular, this organizational analysis report is designed to identify the performance characteristics and theoretical basis for the agency that provides human services...
The article under analysis by Daves Michael (2022) deals with an issue of the breach of corporate ethics. Specifically, the report describes the egregious breach of ethical standards in relation to audits conducted at Ernst & Young. Michael (2022) makes it abundantly obvious that the described violation of ethical corporate...
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 Background Accounting conservatism refers to a collection of record of financial principles of maintaining a record that requires a high level of scrutiny before a corporation can legally claim some gain (Guo et al., 2020). The basic idea is to consider the worst scenario for a company’s financial status....
Introduction The use of techniques aimed to assist an organization in dealing with a sudden and severe unfavorable occurrence is known as crisis management. A crisis might happen as a result of an unforeseen incident or as an unanticipated repercussion of an event that was previously deemed a possible concern....
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...
Introduction Marketing plays a role of paramount importance in the formation of business performance, which explains the increased interest in this subject matter within the contemporary body of academic knowledge. In the wake of Industry 4.0, an emphasis is laid on digital marketing as an emerging tool that holds great...
Introduction The Deming Prize, named after Dr. W. Edwards Deming, was established in 1951. To reconstruct Japan’s economy after WWII, the Japanese government encouraged the formation of industrial organizations. This initiative resulted in the formation of the Union of Japanese Scientists and Engineers (JUSE). JUSE gathered experts and executives from...
Introduction The workplace culture of Amazon has often been observed with great contrast when compared to other tech giants such as Google or Microsoft. The trend of prioritizing employee comfort and well-being has become more popularised among tech companies, though Amazon does little to follow. For years, Amazon white-collar employees...
Introduction Capital budgeting entails selecting investments that increase a corporation’s worth. The capital budgeting procedure may include acquiring land or purchasing fixed assets such as a new vehicle or equipment (Siziba & Hall, 2021). Market efficiency describes a marketplace where prices reflect all valuable accounting data related to underlying securities...
Introduction One of the world’s most well-known manufacturers and sellers of mobile phones is Nokia. The organization employs more than 102,000 people across its sub-stations in 130 countries. In addition to producing mobile phones, Nokia also provides a comprehensive selection of other telecommunication services. The Fortune Global 500 ranks Nokia...
Currently, the interaction of people with each other plays a significant role in all spheres of human activity. The importance of people’s relationships can be seen starting from simple human relations and their continuation to economic ties between countries. For a good connection between humans, people need to leave positive...
Lewis Road Creamery Company shows excellent results in the New Zealand market and has good prospects to gain a great foothold in the international arena. One of the main strengths is the product’s high quality, achieved by Lewis Road and Whittaker’s joint efforts, and an ever-expanding assortment (Fernandez, 2020). The...
As one of the most renowned and fastest expanding businesses in the world, Starbucks was founded in Seattle in 1971. Starbucks began the twenty-first century to enhance shareholder value, increasing margins by strengthening its presence in established markets and raising the quality of employee benefits and working conditions. Starbucks is...
Introduction The internet search industry has experienced a rapid increase since its discovery. Search engines rank the highest among the most visited sites on the internet. The fact that they focus on providing relevant information from the internet to the consumers has significantly contributed to the success of such companies....
Background PepsiCo was founded in 1898 with the sole purpose of manufacturing and distributing beverages, diversifying over the years into other sectors such as restaurants. In the period under review, the company underwent different growth strategies under different CEOs. Under this review, the company went through different growth strategies, with...
The National Incident Management System (NIMS) was created as a system for emergency management, response, and retrieval. The Incident Command System (ICS) is a typical approach to the administration, coordination, and organization of rescue operations that offers a standard structure under which personnel from many agencies can be productive. NIMS...
The model offered by Kurt Lewin to implement change consists of three major steps. Unfreezing is the first stage to determine the general requirement for change, study the environment, promote the need, and check resources. The second stage is change itself, during which participants communicate, empower their actions, and involve...
Problem/ Solution Statement There is competition among Freshippo, unattended convenience stores and unattended shelves and the Amazon Go, the technology-driven new retailers in the new retail industry. The retailers had appeared in Chinese and U.S markets where they could do their businesses. An innovative initiative like ‘Daily Fresh’ and Hexioama...
Expense Details HKD Converted to CAD ($) 1 HKD = 0.17 CAD Flight CI031, CI903 and CI910, CI032 US $ 1,523 Your City (Vancouver) – Hong Kong, China Hot meal provided Duty free for sale on flight 1,982.06 Hotel Grand Hyatt Hong Kong 1 Harbour Road Wanchai, Hong Kong RHKE...
Importance of Strategic HRM and Values for LCH The importance of strategic HR management lies in improving the atmosphere, or “creative climate,” for employees (Iqbal, 2019, p. 181). Large companies are always united by ideas and values, which are sincerely followed by employees. Developed strategic HR management keeps employees in...
Coercion as a method of implementing change can have the desired effects, but this practice can be accompanied by barriers and pitfalls. According to Senghaas et al. (2019), coercive instruments often serve a strategic function and are characterized by inflexibility. As a result, targeted individuals may not be able to...
Introduction A dynamic organization has so many issues going on that it is difficult to pinpoint precisely what is slowing it down. Requirements evaluation is vital because it enables an organization to identify the deficiencies that are keeping it from achieving its objectives. Training is the foundation of a successful...
Introduction One of the key elements of organisational performance stems from the management’s ability to make correct decisions and lead the company in accordance with the outlined objectives. The case of Mary Teresa Barra, CEO of General Motors, is an interesting and informative example of how transformational leadership can result...
Inventory errors can be defined as errors that occur in recording a company’s current inventory at the beginning of an accounting period and the end of it. Inventory is considered to be one of the crucial balance sheet assets because acts as the basis for the company’s planning, strategies, operations,...
This paper discusses the significance of critical thinking for managers and leaders and especially a view of critical thinking as a set of skills rather than one element. Yet, as critical thinking is essential for tasks such as planning, it is also vital for effective human resource management in the...
Pricing strategies is a concept that has been studied for decades. The focus in many studies is put on how a firm can get customers to purchase their product. Pricing affects the buying decisions and the profitability of a business. Apart from these two considerations, the competition should also be...
Introduction Asda stores is one of the leading retailer chains in the UK and positions itself as a discounter that sells food, clothes and goods for home and office. Nowadays many Asda branches are becoming unprofitable as the inflation skyrockets in the country and people are less able to spend...
Introduction In the contemporary business environment, international marketing enables an organization to compete effectively. Most organizations go global to increase their market share and succeed (Alon et al., 2020). H&M is one of the companies using internationalization as a strategy to achieve a competitive advantage. For example, the company wants...
Introduction Vans was founded in 1966 by Paul Van Doren and his brother James. Initially, the company aimed to make long-lasting, washable, and cost-effective shoes in south California (Moon & Kiron, 2002). The firm made sales directly to clients and operated retail stores. Vans product promotion was through giving out...
Introduction Thank you everyone for coming to this workshop. Today we are going to learn about the role of power in solving conflicts in a workplace. Conflicts are common in a workplace and they occur do to various factors including poor management, lack of communication, conflict of interest and conflicting...
Introduction Commercials are the greatest ways of bringing potential consumers to attention and purchasing a particular product or service. Therefore, companies apply various rhetorical devices that grab an audience’s attention. The use of logos, pathos, and ethos helps companies improve their commercials’ effectiveness. Nike’s ‘Choose Go’ campaign is one of...
Product Description The product is a face mask that encloses the nose and mouth. The respiratory gear is a half-mask as it will provide cover from high up the nose to below the chin (Matuschek et al. 183). The product has a filtering facepiece that shields the customer and the...
Introduction Advantages that may assist an organization in outperforming its rivals are referred to as competitive advantages in business. In addition to being the largest low-cost airline globally, Southwest Airlines Co. is based in Dallas, Texas. When other airlines have struggled for the previous two decades, Southwest Airlines has emerged...
Impact of Counterfeiting Practice on National Brand Manufacturers The counterfeit practice affects national brand manufacturers in numerous ways. Firstly, counterfeiting can cause a loss of revenue for the copied brands (Song et al. 2). Consumers may purchase a product perceived to be produced by a certain brand. Therefore, the original...
Introduction An organization’s strategic analysis is vital in marketing strategy planning and optimization. Strategic planning may help a company connect and realize its marketing goals with the broader vision. The case study involves a drug company, Pfizer, which aims to improve its revenue growth aligned with the company’s vision and...
Nonprofit organizations’ activities require high reporting and are strictly controlled by the tax legislation governing the monetary liability of such firms. Under constant supervision by oversight boards, such companies often face challenges caused by legal or financial constraints. To promote charitable or other activities, this is crucial to adhere to...
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...
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...
By definition, teamwork refers to a group’s collaborative effort to attain a specific objective or accomplish a task in the most efficient and effective manner. In the current world, teamwork plays an important role, especially in heightening efficiency and quality, determining firm governance and strategy, launching and designing products, and...
Introduction The current economic climate is characterized by stiff competition, which threatens the survival of many companies. Given that retail is a low-margin business, many companies consider entering the global market to improve profitability. Entering a new business market has always been disastrous but can also be rewarding in case...
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 According to the S.C. Roşia Montană Gold Corporation S.A (n.d.), the principal company shareholders are the state-owned mining company Compania Naţională a Cuprului, Aurului şi Fierului “MINVEST” S.A. Deva (former Regia Autonomă a Cuprului Deva, until 1998), with 19.31%, Gabriel Resources Ltd. based in Canada,...
Introduction Before making a decision about the introduction of a certain new product to the market, it is vital to conduct preliminary analyses to assess the existing situation and likely prospects. A comprehensive approach to the market and its trends implies studying the external and internal situation for a given...
Introduction In the contemporary age, many organizations encounter serious challenges that affect their position in the global market. As such, the Nokia Corporation is suggested to have experienced a severe issue when promoting its 5G services in North America, failing to provide the residents of this region with the necessary...
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 The global business environment of today demands that larger-scale businesses consider expanding their operations to maximize their efficiency and potential profits. In doing so, multiple challenges arise, forcing the management to analyze and reconsider their overall strategies. However, there are certain firms whose strategies have been exceptionally successful for...
Introduction Entrepreneurship has been a key mechanism for bringing progress to society throughout centuries of history. The great Industrial Revolution between the 1780s and 1849 in Europe showed the unprecedented potential for change brought by industrialists. Nowadays, the concept of entrepreneurship strikingly changed because of the development of technologies and...
Background Ethical dilemmas constantly occur in organizations and workplaces regardless of the industry and the size of an organization. They may differ significantly in terms of values, which are in conflict, or parties, which are at stake. Therefore, it may be essential to introduce a comprehensive approach to the decision-making...
The catering business is a good way to make money for those who love to cook since catering is not always about making lunch for hundreds of guests. However, the sphere is quite competitive today because more and more people consider it profitable and reliable and are trying to create...
Upbringing and environment can influence entrepreneurship, but this is not enough. Many people have good opportunities, but not all of them become great. In the case of Mark Zuckerberg, these factors had a positive impact since his parents could fully provide for his basic needs. Mark Zuckerberg grew up in...
Business ethics is one of the essential components of working in a business environment. Due to its principles, ethical problems and moral issues that arise during work between people can be considered and resolved. Moreover, ethical value systems also support business performance (Ferrell et al., 2019). This course’s study has...
Background Communication skills are generally regarded as some of the most valuable competencies for a leader. They help the leader persuade their followers to align with their vision and follow their directions toward the achievement of organizational goals. The successful superior’s ability to inspire and motivate their workers depends on...
The Definition of Entrepreneurship and Entrepreneurial Skills Entrepreneurship is known as independent, related to risk activity that aims to systematically gain profit from property utilization, goods realization, rendering services, and order completion. Costin et al. (2018) define entrepreneurship as the ability of an individual to turn ideas into action; it...
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...
Introduction Statesmanship is a grounded and excellently balanced model of leadership that has originated in politics throughout the development of the art of diplomacy. Current politicians have regarded the statesmanship approach as outdated and even dead for the needs of modern politics. Despite these cynical statements, its principles of striving...
Integrated Marketing Communication (IMC) tools comprise a number of marketing instruments designed to ensure efficient and consistent communication with the target audience. The tools include advertising, sales promotions, public relations activities, social media, direct marketing, public relation, and sales campaigns (Juska 2017). According to Percy (2018, p. 4), marketing communications...
The greatest takeaways from the course are all related to the importance of tailoring any organizational behavior interventions to the specific organization. An example from the latest reading, formalization, guides employees, an excessive level of formalization can unnecessarily complicate the decision-making process or prevent employees from resolving customers’ issues (Bauer...
Economic factors play a significant role in making decisions and guiding one’s business. These factors are related to goods, services, and money. Despite their direct impact on businesses, these variables relate to the financial state of the economy at a higher level, whether regional or global. The purpose of this...
Background Global operations by commerce and industries that initially served within their local markets create the need to form promotional plan of supply chain management (SCM). The globalized operations increased the use of information system technology which boosted the construction of a self-proliferating and complex chains of supply (Clauson et...
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...
Task 1 Continuous self-development is an imperative aspect of leadership that needs to be realized by every leader for proper management. Essentially, this process requires critical planning and self-awareness to realize one’s goals in any profession. As a system manager in a food manufacturing firm, workload planning is a major...
As one would think that the years of advertisements that were offensive to women due to stereotypes were over, the Chinese advertisement for a new Audi proved everyone otherwise. The ad compared winding and marrying a wife to purchasing a car, stating that an “important decision must be made carefully.”...
Company Introduction Saudi Aramco is a large international oil and gas corporation with a long history of business performance globally. The company is characterized by large volumes of production, partnership, global expansion, and investment in the continuous development of technologies that enable it to obtain a worldwide dominance and industry-specific...
The recent rise in the pace of climate change has defined the further focus on environmentalism and the integration of sustainable strategies into the present-day business setting. Burberry, as one of the leading companies in the apparel industry, has shown a particularly strong need for the introduction of sustainable marketing...
Introduction Strategic information management is defined in the broad contexts as handling of information in an organization to provide value, maintain competitive advantage, and streamline core functions. Information management has become synonymous with strategic management especially in the current global village. Prosperous organizations capitalize on total quality management in all...
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...
Introduction Honda Motor Co., Ltd., hereafter referred to as Honda, is one of the leaders in the global automotive market operating in all continents. In 2019, the company produced 5,170,595 automobiles in its facilities that are located worldwide (Honda, 2020b). In 2020, the company had rather challenging times, as well...
Introduction This is a study about the international sales operations of Monster Health care Company (MH Co), headquartered in the northeastern part of the United States. As Vice President of International sales, I am responsible for the company’s sales operations outside the US. Even though it ensures all facilities and...
Introduction The digital business gained popularity due to its convenience and availability. For example, in 2017, approximately 40% of Internet users shopped online more than once (Ijaz & Rhee, 2018). The COVID-19 pandemic and the lockdown forced the global population to transition to an online mode, increasing consumers’ preference for...
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...
Abstract International logistics is undergoing certain transformations due to technological advancements and other trends related to customers’ needs and preferences. Delivery companies now offer a wide range of services and try to satisfy their customers’ needs. FedEx, being one of the leaders in the market, provides numerous services and is...
Introduction The Social Security Administration (SSA) has unique structural and cultural organization attributes for being both a typical large federal agency and social welfare. While SSA plays a central role in serving millions of people with deserving cases, it has leadership challenges given that it is a top-down bureaucracy and...
Marketing involves creating and exchanging goods and services that are of value to customers, partners, and the community at large. With increased rivalry from other organizations, a company must always strive to achieve a competitive advantage (Plewa & Conduit, 2016). The resources that a firm has can be used as...
Introduction The present report aims at analyzing the strategic position of Toyota in comparison with its competitors, such as General Motors, Volkswagen, and Ford Motor Company. The paper uses Porter’s Five Forces analysis, PESTLE framework, and benchmarking to evaluate Toyota’s strategic strengths and weaknesses. After, the report identifies three strategic...
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...
Current Organizational (Model) Design and Features Started in 2003 as Tesla Motors, Inc., but became profitable in 2013, Tesla’s organizational model supports continuous growth development, corporate sustainability and profitability over the seasons under the u-form structure. With the function-based strategy, the company has several offices and units that manage both...
Definition of Success Success is the creation of value – economic and social benefits and results to help individuals align with a set of values subscribed by the organization. Corporate success usually comes from a clear plan or strategy for carrying out a mission. But a process is not successful...
Introduction The present paper discusses three general aspects of Jiranna Healthcare case study. The first part conducts an appraisal of the firm’s financial performance to help Arizona Health Services (AHS) make a purchasing decision. In particular, the first part assesses sales, expenses, profits, efficiency, profitability, liquidity, solvency, and DuPont coefficient...
Introduction When mobile communication equipment manufacturers were recording declining sales in the 2000s, Nokia was experiencing some unprecedented growth in its mobile handsets sales. According to a journal article written by Carral and Kajanto (2008), Nokia’s success was as a result of its understanding of the communication industry’s inflection points,...
Introduction Laura Ashley is a British textile design company that manufactures home furnishings and clothing and sells them worldwide. It was founded in 1953 by a fashion designer who gave her name to the company and grew to prominence in the 1970s and 1980s. In the 1990s, it was acquired...
Ethical business conduct is a topic of dramatic importance, given the constant news about immoral behaviors by both large and small businesses. As such, the recent developments in the field of corporate ethics and citizenship are promising, though the field is still far from achieving its intended objectives. Well-defined criteria...
Introduction Conflicts may occur in any setting where different groups of people interact, such as in a workplace. However, since the workers have different backgrounds, simple issues can escalate into violence or disharmony within the job environment. Thus, it requires both expertise and organizational regulations to bring sanity among the...
There are different kinds of individuals across the globe and they all have diverse cultures, personalities, and behaviors. Every person could have a dissimilar perception of what leads a good individual to be caught in bad behavior. This may baffle some people as to how a calm and friendly person...
Executive Summary Qatar Airways is an airline company that is fully owned by the government of Qatar. Started in 1993, the company has realized a consistent growth over the years, and it currently flies to over 150 destinations around the world. The study shows that despite the impressive growth, the...
Introduction In a narrow sense, negotiations should be examined as one of the methods of alternative dispute settlements. However, in a general sense, it means communicative between parties for achievement of an objective on condition of equality of these parties. The aim of this paper is to reveal the nature...
It is evident that to attain a particular goal and run a business successfully, every businessman should possess distinctive entrepreneurial traits and profound knowledge in the field they operate. Moreover, an entrepreneur should have a ground-breaking vision, the outcomes of which can bring real and valuable benefit for many people,...
Introduction In most modern businesses, ownership and control are two distinct entities. This is because under certain circumstances, shareholders may be widely dispersed to an extent that it becomes hard for them to exert control over the management (Anechioco & Jacobs 1996). In order to ensure that the business is...
Translating a strategic plan into reality can be quite challenging. However, history knows many talented leaders who made it possible through meticulous planning and innovation. A prime example of such a leader is Ingvar Kamprad, the founder of the world’s largest furniture retailer IKEA. Kamprad had humble beginnings: he came...
Introduction A company can only be successful in the market if its operation is free from significant defects. That is why one can suppose that smooth internal processes indicate the effectiveness of a firm. It is necessary to analyze the performance to determine ways of how it is possible to...
Monopolistic competition and oligopoly are the two most common types of imperfectly competitive market structures. Since the average company has less market power than a monopoly and faces less harsh competition than implied by the perfect competition scenario, most industries fall under one of those models (Mankiw, 2020). Both cases...
Corporate social responsibility (CSR) is a business model that emphasizes businesses’ obligation to be socially responsible and to give back to the community (David, 2013). The concept especially applies to large corporations: as they grow and expand, they accumulate a great deal of power that depending on its use, can...
The book Sneaker Wars by Barbara Smit presents an invaluable insight into the origins of the global sportswear brands Adidas and Puma and their impact on the sports industry. It provides an account of how the relations between two brothers Adi and Rudi Dassler shaped the competition between the two...
Both consumers and manufacturers have opportunities to trace the stages of production of a particular product and determine relevant production features due to a unique identification mark on goods, which is called a serial number. Remembering this number allows obtaining the necessary data that may be needed when clarifying the...
The approach to the marketing mix theory is changing dramatically due to the transformation of business processes and customer behavior, as well as the evolution of the digital age. Researchers state that the rapid development of the digital environment and related products “have redefined the routine lives of individuals and...
My favorite store is Zara, which specializes in low-cost and fashionable clothing. As it is a clothing store, it uses merchandise to visually captivate customers and those who pass by. It was especially apparent the last time I went there. Zara primarily targets sight, which is supported by other senses,...
Servant leadership gained momentum several decades ago and has become quite a common approach to managing organizations on a global scale. An increasing number of people utilize this type of leadership style irrespective of the cultural background or the contexts they operate in. However, it is also necessary to note...
Introduction Leadership is interchangeably connected with a vision and the capability of an individual to create and share among the employees a unified perspective regarding why certain things should be done to help the organisation achieve its objectives. This is the central and crucial factor differentiation between managers and leaders....
Contingency theory in management accounting: “The contingency theory of management accounting is not really a theory at all. It is neither a logical set of propositions nor is it well-founded. Indeed, after many of management accounting contingency research, all we have developed is a theory that says, “It all depends...
The main difference between the weighted average costs of capital and the weighted marginal cost of capital is that WMCC is the new or the incremental cost of new capital to be issued by a company. This capital is to be issued or raised at a new cost according to...
Entrepreneurs drive the economy and foster further technological progress, thus increasing people’s quality of life. Although personal traits and skills, such as innovative thinking and willingness to take risks, are important factors contributing to entrepreneurial success, they are insufficient without external support. Only the combination of personal qualities, supportive government...
The selected video is What will future jobs look like by Andrew McAfee, which focuses on the potential ramifications of automation. The reason why the given TED talk provides the most comprehensive answer is the use of data on two types of human capital. The author suggests that structural unemployment...
Introduction The United States Securities and Exchange Commission (SEC) is an independent agency of the federal government. It pursues many objectives, including protecting investors, maintaining efficient markets, promoting capital formation, and others. The SEC has multiple means to achieve its goals, and a 10K annual report is among them. Thus,...
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...
Introduction The case scenario “A. P. Moller-Maersk Group: Evaluating Strategic Talent Management Initiatives” is expounded retrospectively, throughout the company’s ideological changes since the pre-2003 era till recent times. After reading the article, it becomes clear why human resources function is crucially important and should be aligned with the strategic plan...
Each person, being in society, can occupy one of two positions. An individual can either obey or hold a dominant position. A leading place is the goal of many, but achieving this status requires the acquisition of appropriate skills, first of all, responsibility and accountability. The significance of these two...
Introduction Corporates use SWOT analysis as a tool for making decisive and strategic decisions that are essential for the stability of the company in the long run. In fact, SWOT analysis is the most reliable tool managers utilize to come up with the best marketing decisions. SWOT is an abbreviation...
There are many ways of presenting information about a factory or a company in the business environment. Most of the companies resort to compiling a business report, which is an evaluation of a specific issue or financial transactions that relate to the performance of a business (Gray, 2019). Others recur...
Abstract All successful business enterprises are committed to or stress quality service in product manufacturing and distribution. Insistence on quality, efficient firm management, and a compelling need to satisfy customers’ demands has led to new methods of addressing the same. Logistic management is one area calling for benchmarking. Benchmarking ensures...
Iron Cycle of Growth Looking at the business cycle one is overcome by a feeling of despair that inevitable like the human body and like kingdoms there is the “iron cycle” of growth and then decay – an infallible law of Nature from which there seems to be no escape....
The organizational structure of a company is significant, as it may influence the implementation of business solutions. In this study, the example of the Heineken Company will be considered in terms of its structure, corporate culture, and the role of leaders. This corporation has shown outstanding results in its market...
Nowadays, sexual harassment is a burning issue, and it is largely discussed in society. As far as I understand it, sexual harassment is a type of inappropriate behavior in society, when a person gives someone hints with a sexual overtone or expresses their sexual desires explicitly. Gutek (2015) defines sexual...
The Good-Better-Best (G-B-B) approach to pricing implies the focus on features offered by companies that they would value the most, which influences their willingness to pay for them. The more excellent the perceived value of an offering, the higher should be the price (Mohammaed, 2018). The strategy encourages firms to...
Weaknesses and Justification of Situational Leadership Hersey and Blanchard developed a theory that reflects how a leader should behave towards workers in relations to their different levels of maturity to the work. They argued that a high-maturity subordinate possesses both the confidence and ability to perform a task. Conversely, a...
Introduction Nowadays, companies and individuals are becoming more concerned about occupational safety and employees’ rights in the workplace. Unfortunately, there are still many cases when workers are subject to sexual harassment, discrimination, or any other form of violence. It is hard to deny that such hazards may negatively influence the...
Key events surrounding the case Barry Minkow learned the carpet-cleaning business from his mother and proceeded to establish his own company, ZZZZ Best Co., at the tender age of 16. However, the capital was a major issue and he soon started undertaking credit card forgeries alongside other frauds that provided...
Human beings learn better through examples and practical involvement in their study. In many instances, construction of theoretical information and making people understand the same becomes a hard nut to crack. As a result, many organizations have turned to the use of case studies as a mode of learning. Case...
Leadership is an influential process that enhances performance and allows an individual to execute fundamental processes within organizations. Leadership provides groups with incentives and guidelines that empower groups to attain set goals. Trait and skills approaches are crucial in the quest for improved leadership. Comparison Trait and skills approach proffer...
Dell Computers has gradually moved from vertical integration to full adoption of virtual integration as its new way of focusing on quality and reducing costs. Dell’s virtual integration also known as direct business model gave Dell Corporation a substantial cost advantage (Magretta, 1998, par 1). The new business model did...
Marketing Marketing by definition is the organizational activity that includes communicating and convincing potential and actual consumers of one’s goods to buy them, and finally delivering the goods to them. Various organizations and enterprises apply different marketing management strategies to help achieve its organizational goals and objectives. The very first...
Introduction The external environment is a key input in any organization. Several external forces impact the organization’s behavior. There are two categories of environments that affect an organization’s behavior; these are the general environment and the task environment (Cummings & Worley, 2008). The general environment consists of external forces such...
Introduction The aspect of operations management can be seen as an important aspect of the overall strategy of companies. Operations management can be defined as the fields concerned with “the design, planning, control and improvement of an organisation’s resources and processes to produce goods or services for customers” (Johnston, 2003)....
Introduction One of the premier energy companies of the World is British Petroleum. “It is the fourth largest company in the whole World. In the energy sector BP is the third largest company of the World” (Bamberg, 2008). One of the most prolific companies of the world, BP has its...
Introduction Marketing is a practice done by individuals, institutions, and managerial entrepreneurs to manufacture and correspond to buyers who might be customers or dealers. The whole process ensures organizations offer and takes commodities and services to and from their partners, clients, customers, or the whole society nationally and internationally. Marketing...
Introduction The world automobile industry always showed a growing tendency. The invention of the car by Henry Ford in the year 1896 was a turning point in world transportation history. (Automotive Industry Analysis- GM, DaimlerChrysler, Toyota, Ford, Honda). Though the automobile industry is growing at a higher speed, there are...
The Coca Cola Company has been in place since the 1800s. It has been one of the most dynamic and growing companies of the modern business world with a brand name that is highly valued and recognized in most parts of the globe. The Coca Cola Company sported a product...
Introduction Operations management (OM) is defined as the design, operation, and improvement of the systems that create and deliver the firm’s primary products. Operations Management is concerned with the management of entire system that produces or delivers a product. Operations Management includes certain decision making that has three aspects to...
In any organization – modern or contemporary – there are managers. These managers are the elements that keep the organization’s engine running. Therefore, these managers have functions that can be broadly described through the POLC model, which is planning, organizing, leading, and control. Every manager has to perform all these...
Outline This White paper analyzes the case study about the “Automated Production Control System Case” of the Ajax Company. The paper identifies and describes the associated risks pertaining to the two alternatives under consideration. The report has been prepared in the form of a White Paper. Description of Problem and/or...
Introduction The managerial approach to business stresses the problem-solving and decision-making responsibility of business managers. This method emphasizes their ability to make decisions and solve business problems in a way that enhances the objectives of the whole corporation. The business manager is a specialist in managing markets and business resources;...
The modern world is abounding with different companies and firms. These companies, firms, and factories produce different goods which they supply the markets with to please the consumers. These firms are also different in their infrastructure and the way they run business, what company politics they lead and how they...
Job Analysis support in pay decisions Job analysis involves collecting information that describes the characteristics and requirements of a certain kind of job. This information may include the required skills, experience, personal behavior and specific duties to be performed among others. It is through the data collected during job analysis...
Introduction Security management is a broad field of management that involves a wide range of asset management activities, the physical security as well as functions that relate to the security and well being of organizational human resources. Just like all the other functions of business management (risk management, marketing management,...
Leadership is one of the key factors that contribute favorably to the success of any organization. In organizations where leadership is lacking, there is always confusion since there are no well-structured organizational goals. Leadership can be described as the ability of an individual to use emotional and personality skills to...
Background Hobbs is a store that sells clothes and accessories and it primarily targets wealthy people. The marketing strategy that the firm wants to start for the year 2009 is aimed at raising the footfall. From the analysis from Mosaic, it is clear that Birmingham is a place that has...
