11691 samples of this type
Introduction Decision-making is a process that everyone engages in daily. It is an integral part of life and is integral to success in any endeavor. It is the process of choosing between two or more alternatives based on considering all relevant factors. Decision-making is not a one-time event but a...
Introduction Target Corporation has been around since 1902 and is one of the biggest retail chains in the United States and Canada. Target has been able to create a unique business model that has made it a leader in its industry. This essay will look at the history of Target,...
Executive Summary The plan is to create frozen pizzas with high-quality criteria by purchasing raw materials from local producers. The products will have a high diffusion profile and a medium price, emphasizing quality and affordability. The presence of promotions and promotional campaigns will facilitate the distribution of the product in...
Introduction Throughout my life, I felt an extraordinary passion for music and the methods of creating unique melodies. I am fascinated by how the skillful and harmonious combination of individual tones with various means and instruments leads to the final result of a single and unique sound. As a person...
Introduction Zara, an early innovator in the fast fashion industry, is at a pivotal juncture, wondering whether its current logistical infrastructure is robust enough to get it through another decade of high growth. In order to safeguard Zara’s future, this case study examines three potential options, each of which has...
Market Study The rising demand for aquariums and decorative fish among hobbyists is one of the key factors impacting aquarium and aquarium bowl sales volume. Hobbyists are growing interested in aeration equipment, substrate, aquariums, decorations, and fish food, which will drive future trends in the aquariums and fish bowls industry....
Connecting Risk Management Concepts to a Recent Fraud Case For the analysis of fraudulence in terms of management, philosophy, risk appetite, and tolerance, the company ZZZZ Best was chosen. It is an organization that provides its customers with carpet cleaning services. ZZZZ Best was established in 1982 by Barry Minkow...
Introduction Human resources and practices play an integral role in the growth and success of companies. In general, the term HR practices refers to a variety of strategies that businesses use to oversee their human resources effectively (Alajlani & Yesufu, 2022). The procedures and policies that have an impact on...
Introduction This critiquing project risk process paper focuses on considering the vital strategic considerations regarding the Scottish Parliament Building. This building is of critical importance as it symbolizes democratic power in the country and serves as a meeting place for the government. It is very different from the generally accepted...
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...
The Organization’s Product Plan Verizon Wireless is a firm in the telecommunications industry that provides wireless products and services to consumers and enterprises within the United States. This organization’s primary focus areas include supplying data-driven solutions and voice-centric options while maintaining an extensive inventory of mobile devices and accessories. Its...
Executive Summary Exploring business operations is a critical analytical process that entails understanding methods that govern revenue streams. The transportation industry gives a clear perspective on the complexities of running an international company. Virgin Atlantic is one of the most successful organizations among airline firms, yet it has to face...
Introduction In today’s complex and rapidly changing world, project management can be a challenging task. In this context, the Joint Program Manager (JPM) plays a key role. In order to fulfill this function and be responsible for large projects, effective management practices are required (Defense Acquisition University, 2004). Thus, it...
Introduction Organizational change involves strategies that alter routine operations for improved competition and increased profitability. The change is influenced by factors including cultural, technological, political, social, and economic. ALDI is one of the most promising retail stores in Australia. The firm has about 580 stores across the country, and over...
Executive Summary The report focuses on analysing the application and importance of operations management principles at Total Energies. A brief overview of Total Energies has been identified, as well as analysing of some of the challenges facing its operations. However, the competitiveness of the company in its operation management has...
Introduction The selection of a leadership style by a company’s management plays a crucial role in pursuing organizational goals and encouraging performance excellence in the workforce. Indeed, since it is the employees who undertake the tasks within the business processes, it is essential to ensure that their leader possesses the...
Marketing research involves collecting, recording, analyzing, and interpreting data relevant to the desired business. Through empirical statistics, the entrepreneur can understand consumer behavior relative to the brand, demand, competitors, and other external factors affecting business. In her article, Shaw (2022) states that there is a significant difference between the domestic...
Managers’ cognitive biases can negatively affect their decision-making process leading to suboptimal results. They normally include confirmation, overconfidence, loss aversion, bandwagon, information availability, and anchoring biases, as well as prejudices towards others based on religion, ethnicity, gender, age, and group identity, to name a few. Although a person cannot avoid...
Introduction Almarai is a Saudi Arabia-based company that deals with food sales. The company has been experiencing financial fluctuations over time due to competition and changes in market trends. The following report will do a financial analysis to determine the company’s performance (Shaik, 2021). Figure 1 presents a summary of...
Introduction Followership can often be viewed in a negative context. However, followers are a necessary element that creates a leader because they realize leadership’s main feature is managing people. Moreover, the organization’s productivity largely depends on the team’s work and its members’ ability to perceive and implement management tasks. Therefore,...
Numerous examples of products ahead of their time did not allow them to become famous. One of the innovations that failed was Microsoft SPOT Watch (Karella, 2020). Before the invention of Wi-Fi and Bluetooth, Microsoft decided to use FM to transmit various information to their watches. Microsoft called this technology...
Human Resource Management is the main component of the company’s activities, which is responsible for the efficiency and productivity of work. An organization can earn a competitive advantage by efficiently using its people and developing plans based on its knowledge and abilities to accomplish well-defined goals. These essential departments play...
Introduction Clinical practice improvement projects are important because they allow healthcare organizations to identify areas for improvement in their clinical practices. It helps to implement changes that can lead to better patient outcomes, increased satisfaction of patients, and more efficient and effective care delivery (Oliveira et al., 2018). Discussion Evidence...
Companies can decide to merge or acquire other businesses to grow further or solve a problem within the firm. For example, some organizations may see a merger to reach a new market or expand to new locations. In contrast, others wish to reduce the number of potential competitors and acquire...
Introduction Boeing is an international aerospace and defense corporation with a rich tradition of innovation. It manufactures commercial planes, military aircraft, spacecraft, and satellites. Boeing offers engineering, maintenance & repair, logistics, and more services. The corporation has subsidiaries, joint ventures in many countries, and collaborations with other businesses and organizations....
Any successful business relies on international cooperation on different levels in the modern globalized world. While incorporating workers from different backgrounds and cultures into a team is a general practice, communicating with international clients can have issues for both sides if certain cultural specifics are not considered. Intercultural communication is...
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...
Introduction The first-time entrepreneurs Angela Peck and David Grieg started Beyond the Bean café, specializing in gourmet coffees and associated beverages, including cappuccinos and tea. The clients enjoyed eating snacks, drinking, renting tables, and playing board tables at the restaurant. Since the partners had a start capital of $60,000, they...
Soft skills can be defined as critical skills for a successful career and interpersonal communication in a team. They are necessary for any profession and are subject to change with diligent work on. At the same time, it is important to understand that this is an area that requires constant...
It does not matter whether end consumers are aware of the parent P&G and the company should maintain its current approach to branding. This suggestion is because brands like Tide, Crest, Bounty, and others have already established their customer bases and loyalty that the company can benefit from. One of...
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...
Identification of the Problem A primary problem facing Reed Supermarkets today is its lack of a clear vision for the future. Reed Supermarkets has been unable to define a clear vision for its future, leading to ineffective communication with each other and customers. The company does have many employees with...
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 The presented paper is devoted to the in-depth analysis of Saudi Arabian Airlines, or Saudia. It is a flag carrier of Saudi Arabia, with its central office in Jeddah (Gamraoyi, 2016). Its main operational base is located at King Abdulaziz International Airport (Gamraoyi, 2016). The company also has several...
Marketing Plan Positioning Strategy The target audience of Zappos is women and men of young adult age with an average income. To not lose current customers and attract new ones, it is necessary to connect them with the brand philosophy and inform them about the convenience of the Zappos service....
The environment in which Innocent competes is dynamic and complicated. To maintain development and achieve a competitive edge, almost every firm takes into account external issues like political, economic, legal, and many others. When a company maintains earnings that are higher than the norm for its industry, it has a...
Introduction While hiring interns for unpaid positions with a promise of real-life experience is not illegal, it is a highly debatable approach to finding new talents. An inside look into business operations may help significantly to a fresh graduate, yet the question regarding the sacrifices necessary to be made for...
Advertising campaigns are different depending on the channels of their promotion. In addition, the world’s largest companies in marketing activities need always to consider the different cultural characteristics of these regions and the current agenda of social responsibility. At first glance, the original approach to displaying advertising on Dove TV...
Human resources are the most basic and irreplaceable resource in any activity, including business. Without reliable employees, developing any endeavor, delegating tasks, or expanding the scope of action is impossible. Accordingly, the company’s strategic plans must be aligned with the company’s human resources policy. Without an appropriate, renewable, and adequate...
This study of American Apparel found ethical conflicts such as untimely paying employees, using taboo topics in the community to promote their product, and insults and abuse by supervisors towards rank-and-file employees. Taking a closer look at the problems of bosses’ treatment of rank-and-file employees, it’s worth mentioning that Dov...
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...
The day-to-day manager, who may also be referred to as the functional manager of the organization, is the person who is in charge of making choices regarding what is most beneficial for a particular department or group inside the firm. It involves dealing with problems as they crop up and...
How Companies Can Manage Events with a Global Impact Global disruptions like the Covid-19 pandemic have a dramatic effect on global trade and often come as a shock to businesses. The appropriate response for companies typically involves building organizational resilience to anticipate current challenges as well as anticipate and address...
Introduction A global approach is a firm’s plan for expanding into the worldwide market. The objective of designing an international campaign is to boost worldwide sales. The international strategy encompasses standards as well as foreign and multinational concepts (Cuervo‐Cazurra et al., 2020). Therefore, adopting a worldwide approach can be advantageous...
The impact on the development of the leader Dan Bane’s father was a founder of a successful grocery store in Dallas. When Bane was only 17, he read his father’s will and learned that he would receive the bulk of his estate when his father died if he agreed to...
Background Finding the balance between work and life is one of the major struggles people face nowadays. Many factors explain such a condition, but the most important among them are changes in the labor market’s demographic composition, increased quantity and pace of work, and surged competition (Bataineh, 2019). Moreover, it...
Introduction A service system is an integrated technology with the company’s network, which help in attaining the need and requirements of the clients. It ensures that customers are satisfied with the organization’s products and services. Apple Inc. uses the Net Promoter Score system (NPS System), which has enabled the company...
Introduction Costco Wholesale Corporation is one of the leaders in the retail store chains in many aspects. This company was established in 1983 in Seattle, Washington, expanding in 2021 to more than 800 warehouses worldwide (Costco Wholesale, 2021). The main features that define their whole business model are the membership...
Ethical values are a construct that determines the behavior and thinking of each individual. It is true that while some universal principles of ethics, in general, values are individual to each person: what is suitable for one is unacceptable for another. Recently, there has been a marked increase in academic...
Abstract The primary goal of many organizations’ recruitment process is to attract and retain the best available talent. The implementation of this key strategic issue has been defined by the rise of online recruiting platforms in the internet age. The research purpose is to investigate the impact and use of...
Introduction In the worldwide beverage sector, PepsiCo is a top producer and retailer of non-alcoholic beverages. The significant reasons for PepsiCo’s achievement are practical marketing tactics and product diversification. PepsiCo must constantly reassess its marketing methods and product range due to the intense rivalry in the international and US beverage...
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....
Introduction The diamond market is a relatively difficult field to operate in, which means that gaining a competitive advantage is challenging. Thus, it is certain that a corporation’s success in this domain is economically proficient in both micro and macroenvironment. De Beers is, indeed, the world’s largest diamond company specializing...
Firm Analysis Rivian Company is a recent firm specializing in the manufacture of electric vehicles. The business plan to expand its operations into a new nation. Among the government with potential, China is a favored area through which Rivian Company can thrive. The country’s political stability, broad market, and faster...
Introduction Information sharing is an essential part of cooperation in the workplace, which means that the employees and managers should pay precise attention to it. Knowledge and information sharing in the organization is an initiative taken by respective bodies to ensure critical information is passed across the workforce. Firms provide...
Twitter is called a microblog for its real-time social activity on its pages. Five hundred million social network fans visit the resource daily, making it an effective marketing platform for business and brand promotion. Besides the promotion of the brand, businessmen use the platform the search for operative information, research...
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...
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...
The military environment requires a well-coordinated hierarchy since a clear achievement of goals would not be possible without it. Many people think the army is not a place for creativity and theatrical heroism. People there obey clear orders from above, and the responsibility for the success or lack thereof will...
BVLGARI is one of the masters of diversification in the jeweller business. It has continually reinvented itself since the 1920s, following Sotirio Bvlgari’s decision to start developing luxury watches alongside the previous family business of making high-end jewellery (Hotinceanu 2021). The organization was created in 1884 and has continually exhibited...
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 Although Nestlé is the world’s biggest food producer, its power is not universal; similar to any business, it may have problems that derive from both external and internal factors. Among the former are social trends and shifts that form customer behavior, political perturbations, and positive or negative tendencies 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 The changing demography of the unites states significantly affects real estate and industrialization. Besides, retirees seek more tranquil locations, away from city and town menace. The emergence of working-class women, the traditional agriculturist communities occupying the central and lower parts of the USA, provides a suitable niche for the...
Nokia is a large global company that focuses on information technology, telecommunications, and electronic devices. The mill operation that eventually became Nokia Corporation was established in 1865 (Bhalodiya & Sagotia, 2018). Nokia emphasizes respect, accomplishment, renewal, and taking on new challenges as pillars of the company’s culture. These principles serve...
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 In the context of a marketplace setting, most businesses nowadays, particularly multinational ones, are looking for better conditions outside their home countries. Their activities are spread throughout numerous countries to take advantage of the overseas markets. Many of the least favorable elements for a company’s long-term existence, such as...
The concepts of morality, ethics, and culture of behavior are usually attributed to the field of non-economic relations between people. To some extent, they are associated with official relations, usually tied to service in government organizations. Meanwhile, it is exactly the entrepreneur who needs the image of an honest, deeply...
Choosing a computer might become complicated; therefore, it is essential to compare various models. For instance, the two major U.S. computer manufacturers, Acer and Apple, are appropriate variants for work and study usage. Moreover, it is vital to consider the gross profit ratio to understand companies’ productivity when comparing. Factors...
Introduction Background The concept of leadership has attracted the attention of scholars for the past several decades. According to Tevik and Lange (2020), the socio-economic and political changes that have been witnessed around the world have redefined the leadership styles that companies use. In the past, it was common for...
Introduction A disaster is an unforeseen incident that befalls a society or an individual causing damages or loss of lives, and goes behold the capacity to intervene using community resources. In this case, a disaster can be in different forms, including droughts, hurricanes, earthquakes, wildfires, and volcanic eruptions. Therefore, a...
Introduction The functioning of any company is a complex and continuous process depending on multiple factors. The degree to which they are considered and managed stipulates the firm’s success, ability to evolve and struggle against rivals. The top management must consider the industry’s current state, major competitors, and existing demand...
One of the last conflicts that occurred at work was a dispute with a colleague regarding the fact that I noticed how he did not fulfil a number of his duties. The conflict arose on this basis, which led to the fact that all employees had a minor deduction from...
The airline market in Australia has a monopolistic market structure. Monopolistic market structures are made up of a few enterprises that operate in a comparable market and provide similar but differentiated items to a large number of clients (Bertoletti & Etro, 2017). They set their prices depending on their market...
Amazon is one of the globe’s most influential corporations trading all categories of goods and services over the internet. The organization is known mainly for its online shop, but in pursuit of growth, the company has begun to dominate more than e-commerce (Arnett et al., 2018). Three years after its...
Introduction A country’s tourism sector depends on its hospitality industry and business environmental factors. The hospitality industry involves services like lodging, food and drink, event planning, and travel and tourism. Marriott International Inc. is one of the most popular hospitality companies worldwide. With a story that began in 1927, the...
Introduction Contemporary businesses strive to be sustainable to be successful in the market. Sustainability in an organization involves being environmentally friendly and engaging in social participation to assist the society in achieving its objectives (Ellery & Ellery, 2019). Like other modern businesses, Maple Leaf Foods is working to become the...
Introduction International Financial Management (IFM) is an integral part of any company that has positioned its operations on the global market (Madura, 2020). This may explain why Coca-Cola is interested in the concept of the IFM to manage international finances and maximize shareholder wealth. Furthermore, the idea is of value...
Introduction John Deere is one of the companies operating in the agricultural industry. It is known for manufacturing high quality agricultural and construction equipment. John Deere makes farming more economical and sustainable through its incredible innovations and technological advancements (John Deere, 2022). The company’s connected farm machinery can perform agricultural...
A franchise is a company that uses the mother company’s name to operate in another region or part of the world. The mother company is known as the franchisor, and the franchise’s partner or individual is called the franchisee. One must pay a start-up fee and an annual licensing fee...
Introduction Rent the Runway is an innovative online business that rents out designer dresses for ten to fifteen percent of the retail price to young women. Co-founded in 2009 by Jenn Hyman and Jenny Fleiss, it is marketed as “Netflix for fashion” that provides women with the best night of...
Introduction Zalando and ASOS are two interesting cases in terms of behaviors in emerging and developing markets, such as the UK and India. This essay will implement various theoretical concepts, including high- and low-context nations, distribution strategies, cultural adaptation, and Hofstede’s cultural dimensions framework, to analyze their strategies. The work’s...
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...
People continue developing various opinions about the future of the meat industry. The controversies are based on personal attitudes towards the topic and business knowledge. Despite the possibility to provide people with enough working placing, feeding opportunities, and economic stability, such concerns as animal rights, pollution issues, and alternative methods...
It is vital to apply business models and strategies to reach the goal of any business. Owners of companies have to think and adopt various strategies to become successful and apply effective models to their enterprises to become one step ahead of competitors. A business model is a necessary tool...
Fixed vs. Variable Costs A company incurs costs during the production of its products. The costs that go into a product can be classified as either fixed or variable. Fixed costs are expenses that do not change over a period of time, irrespective of the volume of the output. Examples...
Decision-making is a complicated process, and many barriers can decrease its effectiveness and lead to negative consequences for organizational performance. In addition, those barriers are often connected, meaning that the manager’s inability to overcome one of them can make another more dangerous for the company and the other way around....
An essential part of any organization’s activity is planning and decision-making. SWOT analysis is considered a convenient tool for these tasks, but it has limitations. SWOT is a description of “strengths,” “weaknesses,” “opportunities,” and “threats” of the company to present a complete picture of its activities and discover aspects for...
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...
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...
The balance sheet is one of the four core financial statements used to report the company’s financial information. The three primary characteristics documented in the balance sheet are assets, liabilities, and shareholder equity (“The four core financial statements,” n.d.). The former refers to cash, inventories, land, equipment, and other purchases...
Both companies emphasize the importance of providing an inclusive environment for both the employees and the customers. Moreover, HubSpot and Costco share the values of long-term employee commitment and, in that way, efficient working plans. At the same time, Costco additionally demonstrates low pricing and minimal advertising policies, which HubSpot...
Indra Nooyi is a businesswoman who used her networking intellect skills to transform her firm and win the hearts and minds of her staff, as well as build a massive system of communication. She utilized several approaches to boost her mental powers and manner of thinking in a short period...
Organizational culture is what makes any company original and unique, and it directly impacts its success. Žukauskas, Vveinhardt, and Andriukaitienė (2018) note that it “distinguishes organizations from others” (p. 18). Only when company members share one vision of how it should be structured to be the most effective, a company...
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...
In marketing, product differentiation is generally defined as a tendency to develop a number of important characteristics for a product or a service, in order for those products to be easily distinguished from competitors’ offers. Product owners identify different features that are attractive and beneficial to the consumer, and try...
Net Present Value The net present value is used to calculate the return on investment for an expenditure or project. It is defined as the present value of cash flows at the required return rate of the project compared to the initial investment (Noch & Kusto, 2018). To calculate the...
Transformational leadership is a process in which leaders and their followers elevate each other to high levels of motivation. A benefit of transformational leadership is leadership through development (Liu & Li, 2018). It is associated with the care that the leader shows for subordinates (Khan et al., 2020). A leader...
Introduction As one of the largest American department store chains, Target Corporation has multiple competitive advantages, including customer loyalty, quality products, efficient price policy, optimized supply chain and logistics, advanced technology, a disciplined approach towards business management, and commitment to innovations and sustainability. At the same time, the company’s potential...
The heuristic model is one technique that businesses can use to solve their planning and scheduling issues. It can be defined as an approach to problem-solving that utilizes “rules of thumb” to create a feasible and quick but not optimal solution to a problem and obtain fast results (Langley et...
The processes of change management and strategic planning are complex and multi-dimensional as they entail the collaboration between relevant stakeholders, each of which has their defined roles and responsibilities. The strategy change cycle is among the primary processes of strategic management that links the processes of planning and implementation and...
Abstract LVMH Group is one of the largest corporations globally, specializing in the production and distribution of fashion and leather goods, wine and spirits, beauty products, and jewelery. The corporation makes billions in profits annually, making its Chief Executive Officer (CEO) one of the wealthiest men alive. The following paper...
Introduction The present literature review includes analysis and assessment of pertinent sources within the field of leadership. The goal of this literature review is twofold: The first goal is to examine the nature of abuse in the workplace, as it is necessary for a broader introspection into the specific problem...
When managing a restaurant, it is always important to plan the menu in a way which both has a set of staple items, as well as a share of dishes which can bring a sense of novelty. The restaurant in the case study has a challenge concerning customers who are...
Running a successful, best-performing business implies possessing particular personal aptitudes and characteristics. Company executives might have leadership makings, management orientations to lead a company and its members into a top competitive position at a vast expanse of rival firms. These two performance components are indispensable parts of a business administration....
Engineers that work for Google have been uneasy about the managers since the foundation of the company. Despite this, the managers help the organization keep in one general direction and work as a team. However, the amount of managers is still small, which gives engineers freedom and responsibility. Google hires...
Depending on the point of focus, the market strategies set and practiced within the large-scale food retailer firms might be categorized as outside-in and inside-out. Each of the categories maintains a set of its own benefits as well as disadvantages, which come from the management team prioritizing certain tools over...
A corporate strategy is exceptionally important for each organization to have for a number of reasons. The first one is that drafting a corporate strategy helps the management to assess the environment the organization operates or plans to operate in, as well as its strong and weak points. Thus, the...
Both at the individual and corporate level, entrepreneurship and business are becoming an integral part of any innovation ecosystem. The corporate entrepreneurship theory is based on interaction of innovative efficiency, and media entrepreneurship (Hampel et al., 2020). Corporate entrepreneurship (CE) is a process that allows existing companies to expand and...
Financial statements reflect the financial impact of transactions and other events by combining them into large classes according to their economic characteristics. These large classes are called financial statement elements. Elements directly related to the measurement of financial statements in the balance sheet are assets, liabilities, and shareholders’ equity. Only...
At the moment described in the case study, Playboy has certain pros and cons within the market. On the one side, the distribution of the adult magazine has grown wider due to publications sold in European and Asian countries. This practice has guaranteed high revenues for the firm and the...
Introduction Personal branding has existed for decades, but it is more prominent than ever with social media. It can be defined as the process of using one’s information to provide a comprehensive narrative to entice others for various purposes (Jacobson, 2020). For instance, traditional celebrities may use social media to...
Introduction Amazon is one of the biggest and most profitable companies in the world, and it owes a substantial part of its success to its customer-centric approach. Since it was founded, the e-commerce giant has set an example across the retail industry on customer service excellence. Customer service plays a...
If the simulation were based on the real world, numerous opportunities and challenges would be encountered. The fact that the simulation does not include many ethnic factors would invoke a comparatively easy operational model. For instance, it does not include language barriers, cultural differences, exchange rates, and mode of entry...
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...
Summary Being the beginning of the marketing plan, objectives should be set thoroughly in order to allow a company to achieve its goals. A SMART Objective for Coca-Cola To produce 20 percent more Coca-Cola Zero by the end of 2021. S – the goal is precise. M – the goal...
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...
In its simple description, indirect price discrimination, also known as second-degree price discrimination, implies charging a different price for different quantities such as giving customers quantity discounts for bulk buying. In this case, prices differ depending on the number of goods bought rather than across consumers (Hanna & Dodge, 2017)....
Introduction: The Basis of the Project The business plan has: Information about the company, products; Calculations, prospects for the years; Further actions, methods to improve efficiency; Strategies for further promotion. The Business Plan Based on the Coffee Shop The coffee shop’s uniqueness is in: Aromatic tea and fragrant coffee; Freshly...
Companies have developed various ways of attracting and retaining skilled workers. Competition in business is inevitable, and companies have to create multiple approaches to increase their sales. Employee satisfaction is one of the strategies that improve productivity in companies. The majority of workers regard this as an essential aspect of...
Marketing is a fundamental component that contributes most to the development and extension of business regardless of its size, whether large, medium, or small. Thus, market analysis is needed to recognize the purchaser’s behavior and market conditions to adapt valuable insights on the market trends upon further business development (Clarke,...
Close Evaluation of Different Business Plans Entering the world of business is not an easy task. The highs and lows are phenomenal, and they shape the success path and destiny of any venture, regardless of the size. A business plan is an integral tool to navigate the problems and risks...
Introduction Until recently, many business enterprises and business leaders focused solely on making and maximizing the profits of their owners. Some companies conducted their activities with a total disregard for ethical standards and values. However, there has been a radical change in the importance of ethical practice in the global...
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...
Innovation denotes the renewal of a product, service, or process through improvement or replacement. Schatzberg (2018) states that organizations mainly employ innovation to enhance their competitiveness. There is no singular definition of technology. People view technology in different ways depending on the application and context (Boddy, 2016). In general, technology...
Operation Process of Nissan’s Production System Nissan’s production system meets the modern standards of a competitive market and is based on several significant aspects. Firstly, this Japanese automaker maintains a constant interaction with the target audience by reacting to the demand indicators immediately and, thus, adjusting the pricing policy (Reuters...
Abstract This essay will examine the concepts of enculturation and acculturation in the context of their impact on business ethics. The current state of business ethics and issues related to the moral issues of doing business will be discussed. Researchers began to single out the two analyzed terms relatively recently;...
Abstract Airbus is a manufacturer of aircraft, spacecraft, and military technologies. The company operates in the aerospace industry, in particular in the sectors of commercial aircraft, defense and aerospace systems, civil and military helicopters. This paper provides a brief company history, current situation overview, internal and external analysis, evaluates challenges,...
Twitter’s Privacy Policy is a collection of the guidelines that govern the collection, storage, and use of users’ personal information. When a person agrees to the terms of use while joining the service, they give the company their consent to collect and use that information. This also includes its transfer...
It is important to note the fact that leadership plays a major role in society. The main reason is that it is a core element of any organization, including private, public, for-profit, or non-profit. However, a leader can utilize a different range of approaches in order to lead his or...
Introduction Process refers to the procedures undertaken to ensure a product or service meets the end user needs. It is mainly concerned with planning, developing, implementing, documenting, and reviewing the system procedure. This is meant to make sure that the product is availed at the right place and time, as...
Opportunity cost is the foreseen estimation of the possibility of a decision being made unexpectedly. The idea communicates the essential connection between shortage and decision. Buchanan (2008) characterized opportunity cost as “the evaluation placed on the most highly valued of the rejected alternatives or opportunities.” When this essential connection between...
Leadership is the achievement of an objective through the direction of human assistance. It is less about a strong individual but more about a group of people working together, to achieve results. Nobody is born a leader, but an individual becomes a leader because one is trustworthy, and people would...
Introduction Apple Inc. is a leading and most valuable technology-based corporation, a trendsetter within a modern innovation market. The company is known for building its prominent history and fortune on the grounds of innovation that significantly transformed humans’ digital experience of their daily lives, starting from the personal computer revolution...
Considering the notion of leadership in the modern organizational culture, the meaning behind this term has undergone some drastic changes over the past decades. Previously, the idea of leadership was driven by the desire to achieve the maximum quality result in the shortest time possible. Whereas the overall productivity was...
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 This paper is a personal leadership experience analysis of my encounter with a community-based organization where I worked as an intern in 2018. The organization faced serious management challenges triggered by the decision to focus on gender dynamics in the community. The organization’s primary objective is to alleviate poverty...
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...
Earnings management refers to the act of manipulating the process of financial reporting in order to achieve certain desired outcomes (Jones, 2015). Managers use several earnings management practices that include income minimization, income maximization, taking a bath, and income smoothing (Scott, 2015). In many cases, accountants use various accounting techniques...
Introduction The purpose of this report is to evaluate Under Armour’s marketing communications and formulate a strategy and a plan for their improvement. Due to the current circumstances, the company’s sales have declined despite their prior steady growth. Moreover, there are indications that its marketing may have become inadequate before...
The American marketing association defines marketing as ‘the activities, set of institutions and processes for creating communicating delivering and exchanging offering that has value to its customers, partners and the society at large. Marketing is the process through which companies create, communicate and deliver value to actual and potential customers...
Tesla Inc. was founded by Elon Musk in 2003 and has become one of the most innovative companies on the market. The organization is engaged in the “design, development, manufacture, and sale of fully electric vehicles, energy generation and storage systems” (“Tesla Inc,” n. d.). Tesla provides service and charging...
Walt Disney is a globally recognized entertainment brand that most of the world’s population is familiar with since childhood, thanks to the outstanding cartoons the company has created. Meanwhile, in the business world, no player has a guarantee that its success will last forever, relying only on previous achievements. Strengths,...
iPhone is a brand of cutting-edge smartphones designed and marketed by Apple Inc., which has traditionally targeted the high-end market segment through premium pricing and direct selling. Since the launch of the first iPhone generation, Apple Inc. has consistently released innovative and revolutionary models, which are available to consumers through...
During these unprecedented times of strict quarantine and worldwide pandemic, online communication became the centrepiece of education and business operations. Meetings play a vital role in all these processes, which is why it is important to discuss the pros and cons of online meetings in contrast with the face-to-face version....
The IBM Hofstede study is useful in understanding national cultures, but its usefulness in understanding how this relates to workplace values is rather limited. Hofstede’s culture theory does not acknowledge diversities in national practices and hence their institutions. Territorial differences exist within any given nation, such that individuals in one...
Companies are always trying to attain new markets for more revenues and the most productive way of doing this is through the launch of new products. Due to the ever changing markets and advance in technology businesses have to keep up with the speed by being more efficient, produce high...
The importance of using appropriate human resource management techniques has always represented an important goal for companies worldwide. The significance of an appropriate HRM strategy has risen over the past few years due to the increase in the role of global governance and the promotion for diversity in the workplace....
A buyer persona can be defined as an image of a company’s ideal customer. An adequate and well-researched buyer persona is essential for target market identification. Besides, helping the customers evaluate the company’s services or goods on their own terms helps build a strong bond of trust with them (Buyer...
