11340 samples of this type
Introduction In 2011, Europe faced one of the worst debt crises. Countries such as Greece and Portugal were heavily indebted and required the other countries in the bloc to bail them out. The only country that was not affected by the crises was Germany and this made her the “savior”...
Introduction There are many ways for a firm to establish strong connections with its clients and achieve increased performance and growing income. One such approach that some companies sometimes underestimate is online presence. According to Paun (2020), a strong digital activity generates customer engagement and awareness, increases sales, supports brand...
Vision, Mission, Purpose, Values, and Marketing Objectives Wesfarmers Ltd, an Australian firm, engages in various commercial ventures, including producing fertilizer, chemicals, and clothing, among other products. The company’s vision is to be honest and ethical in all interactions. Its mission is to “deliver satisfactory returns to shareholders through financial discipline...
Strategic Planning in Marketing For a business to stay ahead of others in the industry, it must constantly improve. However, success and improvement do not come just because the firm needs them; they develop a strategic plan that explains where the firm is right now, where it wants to go,...
Introduction In many cases, prior to or right after hiring an employee, the company has to train them so that the new staff member gains the needed competencies, meets the requirements, and can complete the tasks effectively. Therefore, worker education approaches can be divided into on-the-job and off-the-job training. Job...
Introduction In the dynamic realm of project management, the case of “The Pert Mustang” provides a compelling examination of the challenges and considerations inherent in undertaking a new business venture. This case study explores the restoration of a 1965 Shelby Mustang GT 350, an ambitious effort put forth by Roberts...
Executive Summary The business proposal focuses on the fact that a high turnover rate is a significant problem in the sphere of property management, which adversely impacts organizations’ performance and revenue. It is written to explain how the organization can solve the identified problem. In addition to the solution, the...
The immersion activities are built on the walkabout program. Designers travel to an UberEATS city every three months to study the local market in-depth. They examine the logistics and transportation structures while learning about the city’s culinary tradition. They conduct interviews with customers, restaurant staff, and partner organizations. Each visit...
The Use of IT to Gain a Competitive Advantage at Otis The establishment of OTISLINE helped the company gain a competitive advantage by enhancing its information services, customer service, control of mechanisms, and marketing. Thus, Brad Robertson, the director of service operations, admitted that “OTISLINE improved the visibility of our...
Introduction Mission The company plans to pursue a global low-cost leadership strategy centred on selling its branded and private-label footwear at lower rates in order to obtain a competitive advantage over other companies in the industry. Vision Our mission is to provide high-quality athletic footwear at competitive prices while giving...
Introduction The Time Release Study (TRS) of the World Customs Organization (WCO) is a strategic and globally recognized technique customs employees use to evaluate the efficacy and performance of their border clearance operations. According to the World Customs Organization(n.d.), the TRS measures the time required for shipment clearance, from the...
Introduction The need to improve customer service and meet the desired client demands has forced all organizations to develop strategies that align with organizational success. One company that has considered these aspects is Alibaba Group. It is a Chinese multinational technology organization specializing in retail, e-commerce, technology, and internet to...
Industry Overview Cosmetics is one of the industries with the quickest growth. One of the top manufacturers of professional cosmetics is MAC. The well-known Estée Lauder Group businesses include MAC. As a result, the UAE’s considerable youth population is contributing to the fast growth of the cosmetics and beauty industry,...
Introduction An effective strategic leader is essential to a successful and sustainable business. Such a leader will be able to identify and correct problem areas in time and coordinate the work of various departments and levels of the company (Dubrin, 2023). Adam Bruke’s entrepreneurial case is a prime example of...
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...
Bally Total Fitness Case Study Background During the last two decades, the health club sector in the United States (US) has expanded tremendously, going from 6,700 to 27,000 by 2004. These health clubs’ expansion may be attributed to many causes, such as the growing number of health-conscious customers. This discussion...
The coronavirus pandemic and quarantine measures to contain it had an abrupt and widespread shock on the world economy. Then quarantines gradually began to be withdrawn, and demand for many goods and services returned to pre-quarantine levels and may even have exceeded them. Thus, people attempted to compensate for the...
Introduction Success at work can be achieved by possessing a proper combination of skills. However, some abilities are considered more critical than others for achieving favorable outcomes. Some of the most valued ones include communication, problem-solving, teamwork, adaptability, and time management (Rios et al., 2020). By developing the necessary skills...
Introduction A professional at the beginning of the path of developing oneself into a leader is challenged with multiple issues. One seeks to ensure relevant decision-making approaches, proper leadership skills, and management styles to become an effective and authentic leader. Self-awareness and continuous learning are the sources of empowerment for...
Summary Strategic management is an ongoing strategy that organizational leaders need to undertake if they want to support performance and deliver sustainable results. The initiative revolves around setting attainable objectives, monitoring and analyzing the recorded level of competition, improving internal structures, and ensuring that business processes are aligned with the...
There are several ways that an organization can transfer its risks through commercial insurance in the insurance market. This includes catastrophe bonds, collateralized reinsurance, large deductible plans, weather-based derivatives, risk retention groups, sidecars, and captives. Traditionally, many companies and business organizations manage risk by transferring it to the insurance company....
Introduction The Aircraft Brake Scandal is one of the most popular cases for moral and ethical research. This is the story of a valiant man who was not afraid to challenge the corporation to protect himself and bring justice. The case can be considered from the point of view of...
This paper is aimed at reflecting on my personal understanding of entrepreneurship before the start of the semester and thoughts on this topic after learning the key theories. Micro and macro views on the theory of entrepreneurship will be considered. Additionally, the paper touches upon the issues of the concept...
Management practices are essential in a business since they provide the way forward for the company to grow from the local level and traverse international borders. A business must have different plans to attain a good reputation and improve product consumption by the international community. The management must bring together...
Introduction Amazon is currently the largest retail company in the world, continually increasing its scope of influence globally. It has innovated the methods of e-commerce, being one of the pioneers in online sales and data analysis of customers’ decisions. Jeff Bezos – the founder of Amazon – has played a...
Publix is a large grocery chain store, operating on an employee-owned basis. The brand does not operate outside of the US but has a considerable network of stores across the country. Tennessee, Georgia, Alabama, Florida, North Carolina, South Carolina, and Virginia – all of these states contribute to Publix’ scope...
Human Resource Management is essential to an organization since it controls the workforce and is responsible for the efficiency and production of the business. Walmart Inc., a worldwide retailer, prioritizes its employees and develops policies and measures to improve their working circumstances. The work done thus far on the final...
Radisson Blue is chain of hotels operating in more than 380 cities, belonging to the Radisson Hotels conglomerate. This chain exists since the 1960s, with the brand coming online in 2009, after a rebranding strategy was launched by the company (Sharma and Jaswal 2022). These hotels can be found in...
Introduction The aviation industry has significantly changed as a result of new technologies and the Covid-19 pandemic. Airlines have had to balance between providing secure travel and ensuring the costs do not limit travelers. The Indian airline sector is one of the fastest growing in the world due to a...
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 term “whistleblowing” first surfaced in the late years of the twentieth century. The concept is simple: when an employee sees their company or fellow colleagues partaking in deliberate wrongdoing that concerns public interest, they “blow the whistle” by reporting the misdeed to an authorized person or organization (Bazzichelli...
Introduction Most managers know that organizational culture affects the effectiveness of innovation. This knowledge does not make it easier to implement interventions and change. Employees may ignore the tasks just because these tasks conflict with the existing organizational culture. Organizational culture is the norms and values most of the organization’s...
Businesses, politics, legality, and ethics are interconnected phenomena. The existing political, legal, and ethical issues impact companies’ business operations and financial activity differently. Although these phenomena are integral to the whole world’s functional system, they have imperfections and problems. Businesses may suffer from insufficient regulation, underdeveloped laws, or unacceptable corporate...
Introduction Information management (IM) is a critical aspect of healthcare organizations, as it involves collecting, storing, and disseminating sensitive patient information. In order to guarantee the confidentiality, integrity, and availability of this information, healthcare organizations must comply with various IM standards set forth by regulatory bodies such as the Joint...
Reflection in a Professional Setting Reflection in a professional setting is an essential skill to build and maintain if you want to succeed and progress in many aspects of life. Reflection is taking the time to pause and think deeply and objectively about our experiences, actions, and beliefs to gain...
The issue of sustainability concerns the business environment in all its dimensions: social, economic, cultural, and ecological (Baranauskas and Raišienė, 2022; Fu, 2019). A company may not consider achieving sustainability strategically important, but the need for sustainable existence will still determine how it conducts business (Yang, 2018). The Haier company...
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....
Introduction Tracing its history back to 1954, Burger King has successfully developed its franchises throughout the United States and worldwide. One of the major American fast-food restaurants, it has 19,247 locations around the world as of 2021. The company’s reported revenue as of 2021 is $1.81 billion and increasing, partly...
Introduction Catering services management is an integral part of any business. It is where the real money is made in this sector, and unfortunately, it is also where many companies make the biggest miscalculations. The catering company, owned by a celebrity group and with one of the most extensive catering...
Training and development involves educational activities created by an organization to provide data and instructions to employees on how to execute their specific tasks in a better way. The main goal of these activities is to improve employees’ knowledge and skills in particular fields. Since employees form part of an...
Red Bull is launching a new line of coffee-flavored drinks, so marketing is crucial. In this study, the effectiveness of Red Bull’s brand ambassadors and their impact on the promotion plan are evaluated. The effectiveness of traditional media, including TV, radio, and newspapers, in attracting customers to a product is...
Management Planning Poor management planning practices can impede the performance of an organization, and this is certainly true for Motorola. To understand how planning practices might be undermining their function, it helps to examine some fundamental managerial principles. First, there must be clear goals established in order for employees to...
Any company may be regarded as unique due to an individual combination of its elements that constitutes its corporate culture. In general, corporate culture is defined as the collection of shared values, beliefs, standards, ethics, attitudes, and behaviors that characterize a company, guide its practices, and determine interactions between management...
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...
Interactions in the workplace are the typical expectations for conversations between individuals in various roles within a business or company. I have chosen this type of interaction because it involves face-to-face engagement; therefore, it is more productive than printed or audio-only exchanges. As such, during work operations, staff would recognize...
Consumers are known to buy products from companies to satisfy their own needs and wants. To have these needs and wants, consumers must feel that a gap in their preferred market for it to qualify to be a want. By realizing what the market lacks, companies utilize this chance to...
Introduction Motivation is a strategic approach that inspires people to improve their performance by providing rewards based on their unmet needs. Motivation is an internal desire to fulfill an unmet need and attain a certain objective (Nurun Nabi & Dip TM, 2017). Given that motivated employees are the foundations of...
Introduction Tourism is one of the primary economic sectors for many countries, including Mexico. The state’s most visited tourist area is Cancun, which is located on the Caribbean littoral and has a wide variety of resorts, such as Marriott (Balbuena Vázquez & López López, 2020). Cancun is a beach destination...
Introduction DBS, Asia’s largest bank, was failing due to several factors; however, top on the list was how the bank was slow. The bank had gained a bad reputation in public, and thus, the introduction of new management changed everything. The management started digitizing the bank and changing its operations...
Introduction Company Profile Starbucks is an international coffeehouse chain, with headquarters based in Seattle, Washington. Currently existing as the largest coffeehouse chain in the world, the brand is well-known and recognized all around the world. Starbucks locations are opened all around the global market, including Japan, China, Canada, the UK,...
Study Background The overall objective of the proposed study is to explore the challenges SMEs face concerning supply chains and other aspects related to the UAE’s sustainable development plan. Due to the government’s long-term vision, UAE legislation has been changed; the new regulations will affect various businesses. The study aims...
Walmart’s success and triumph over the other competitors in the retail business are attributable to its business model. The company’s pillar, “Everyday Low Price (EDLP),” appears to have played the largest role in ensuring that the stores attract and retain customers, given that most buyers are price-sensitive. While other companies...
Introduction Contemporary supply chain management is concerned with building a system that aligns both with organizational needs and customer expectations. Organizations like Cisco, which operates in the tech market, have become more aware of customers’ demands and upcoming trends, thus investing in agility, sustainability, and high levels of digitalization. The...
Introduction Emotional intelligence is one of the most critical components in the business environment and important quality for any manager, essentially determining a firm’s success and failure. For example, world-famous personalities like Tim Cook, Satya Nadella, and Elon Musk undoubtedly have a relatively high emotional intelligence. Still, each of them...
Introduction The US film industry has gained global recognition and dominance, with its films being watched all over the globe. With annual revenue of $5 billion, a 27% decline from the previous year, it shows that the US is a major player in this industry (Escandon, 2020). The US film...
Introduction Entrepreneurial education has become a complex subject that students need to master. It is a major tool for training numerous skills in young individuals. It teaches basic management activities and flexible skills that are complementary to fundamental things (these include business communication and public speaking). This is the ability...
The trend for healthy eating was born not so long ago, but continues to cover more and more segments of the population around the world. The demand for products of proper and healthy nutrition is constantly growing, and healthy lifestyle products and superfoods are gaining popularity. There is a trend...
The case study describes S. M., a young and ambitious mid-level administrator in one of the US medical homes. The woman was elected for volunteering a two-year term in the president’s office. She intended to improve herself and her leadership traits and help the medical home, patients, and the state’s...
Introduction Expo 2020 is the continuation of the World Expos that began over 170 years ago to provide a platform to showcase the world’s greatest innovations and creativity across industries. Thus, Expo2020Dubai, hosted by Dubai in the United Arab Emirates, where innovation is an essential factor of development, is an...
Summary The industrial landscape of the 21st century is changing under the influence of various contemporary factors. Historically, humanity’s approach to most of its activities across different sectors has aligned with the development of societal, economic, and technological aspects. Today, the third component has taken a leading position, as progress...
Introduction This paper will discuss the requirements for pursuing the role of academic researcher in conjunction with a managerial position. Naturally, a manager has a plethora of roles directly associated with their field of work, such as supervising the employees, setting tasks, checking their completion, and working on employee motivation,...
Although salespersons can adopt various ways of reaching out to potential customers, door-to-door sales are the hardest. Door-to-door sales involve going to potential clients directly and convincing them to buy your products. The sales method requires techniques that will make the potential customer trust the salesperson. Various challenges are expected...
A multinational company must consider an abundance of characteristics when entering a new market or beginning fundamental cooperation with another culture can be described. Even though it is problematic to foresee and estimate all such nuances, managers should make significant efforts to become flexible in international business relations (Moran et...
Introduction Management is an essential sphere of knowledge that is critical nowadays. It allows specialists to organize teams’ work, establish clear goals, and ensure their achievement. However, effective management requires an enhanced understanding of the current trends and environment and the ability to work with employees to prepare them for...
The financial sustainability of a non-profit organization refers to the ability to maintain financial capacity within the organization over a long time. The financial capacity consists of the financial resources within the organization that aid in the achievement of objectives (Francois & Francois, 2014, p. 118). Therefore, the organization’s financial...
Johnson & Johnson is a company that produces and sells goods worldwide, is crucial for multiple markets, and requires its internal management to be well-structured and diversified. Decision-making for such businesses must consider the overall mission yet address the local unit or product need (Mroua et al., 2017). Furthermore, becoming...
Introduction This presentation aims at analyzing the organizational change in Vodafone Qatar in 2018. On February 26, 2018, before publishing the annual report, Vodafone Qatar announced that it would exit the business in Qatar and pass it its joint venture, the Qatar Foundation (Holton, 2018). This presentation discusses the process...
Introduction The Asia-Pacific area is one of the world’s developed and fastest-growing economic regions. It has evolved as a crucial site for numerous multinational corporations, offering a broad range of benefits and prospects over the last decade. The introduction of Apple in the region has enabled realization of major challenges...
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....
The issue that needs to be fixed is connected to actions that should be performed in the workplace with regard to surveillance and employee tracking. This notion can be assessed as problematic since rigorous employee surveillance can become a subject to a potential conflict of interests. A more detailed idea...
The Business Model Canvas (BMC) is a strategic planning tool that helps businesses and entrepreneurs model, design, create, and analyze their enterprises. The nine key activities of the BMC are customer segmentation, value proposition, channel, customer relationship management (CRM), revenue model, cost structure, resources, infrastructure, and key partners (Siburian, 2020)....
Introduction Entrepreneurs are those people who are eager to take risks to start a new business. My first take on Tom’s advice on how to become a successful entrepreneur is “taking risks and making profits within the dynamic business environment” (Lennon, 2022). For entrepreneurs, the risk is the possibility of...
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...
Introduction Managing stress at the working place is one of the underlying humanistic facets that contributes to both interpersonal and intrapersonal conflict. Constant stress at work significantly reduces labor productivity, physical and emotional health of employees (Robbins & Judge, 2016). That is why Robbins and Judge emphasize that it is...
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...
Background Not all companies have succeeded at restructuring their operations due to globalization, and General Motors (GM) is one of them. There are significant internal failures that mark its downfall, including safety standards issues, manufacturing flaws in its cars’ parts, and the inappropriate initial response to the accusations on these...
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 Before proceeding directly to the assignment performance, it is required to identify the essence of fundamental conceptions. Primarily, internal environment analysis is an overview of a wide range of elements of a company, its activities, mission, and leadership. Consequently, the value-adding strategies mean the formation of the working environment...
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...
Background To begin with, the Swatch Group manufactures and distributes watches. They are the largest manufacturer in the world and have 156 production facilities around the globe (Deshpande et al., 2012). They did not limit themselves to producing and assembling watches for brand retailer companies. The company also provides different...
The analysis of the last quarter’s performance outcomes showed that the company failed to achieve its planned sales level despite long negotiations between the representatives of the marketing and sales departments and with partners. Many hours spent on meetings and negotiations did not produce planned results and cost the company...
Introduction Entropy and information gain are essential parameters in big data analytics, and it is possible to implement these metrics in tree-structured models to optimize the frameworks. Decision Tree Overview The general concept of decision trees concerns information representation, classification, and regression in an illustrative format. There are different types...
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...
Caterpillar Inc., like other successful companies, resorts to making short and long-term goals to assure the necessary progress in its operations. The short-term mission of the company is expressed by dividing it into individual goals in areas such as operations and product management. The long-term goal of Caterpillar Inc. is...
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...
Introduction Coca-Cola is one of the most famous companies in the international market. The brand has consistently demonstrated a strong focus on the market and decision-making to satisfy its customers. Almost in all restaurants worldwide, customer encounters Coca-Cola drinks, such as Sprite and Fanta. Moreover, Coca-Cola promoted itself almost in...
Introduction HRM is highly affected by the legal environment in which it operates. HRM follows the rules and regulations of its organization. The most significant laws and regulations affecting HRM are those related to equal employment opportunity (EEO). Various laws were passed; however, only in 1964, with the passage of...
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 Today, Walmart is a well-known American retail corporation promoting services in its hypermarkets and other stores locally and worldwide. This organization successfully proved its stability in three major areas: opportunity (employment and investment), sustainability (emission reduction), and community (specific social needs) (Harrison, 2019). Value chain analysis is a unique...
Introduction Alfaparf Milano is one of the most famous Italian brands worldwide in the professional hairdressing sector. The enterprise works in caring for face, body, and face with enormous technological equipment and products, production, and distribution of their products, integrating research and development, and offering training in cosmetology, hairdressing, and...
Amazon is an American organization, one of the largest in the world among companies engaged in selling all kinds of goods and services via the Internet. It is also a leader in the field of sales of mass-demand goods through the system of Internet services. One of the characteristic features...
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...
Introduction Theoretical Framework The theoretical framework introduces and describes the theory that explains why the research problem under study exists. The relevance of improving corporate culture is determined by the increasing influence of the human factor: the “aging” workforce, which leads to a decrease in the level of the economically...
Gender roles, stereotyped or not, play a critical role in marketing and advertising campaigns. In the present day, there are traditional and nontraditional gender roles that determine how male and female models are used in commercials and affect their employment in the marketing industry. This literature review studies how gender...
What it signifies to dine out is changing, thanks to food trucks. A transformation in the way that food is prepared and enjoyed can be seen in the vast development in the prominence of food trucks. And the upheaval that the market sector has been going through concerning the existing...
Introduction IKEA is an international business, Netherlands-based Swedish company that has operations in countries including the United States, the United Kingdom, the EU region, Japan, China, Australia, etc. IKEA is the largest furniture retailer globally, and despite its success, it faced several hurdles entering the Indian market until 2013 (Yadav,...
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 The board of directors is the highest body responsible for corporate strategy, customer satisfaction, and operations management. Its mission is to lead the company forward. Essentially, the supervisory board oversees the activities of the board. The duty to administer the code of conduct is solely the responsibility of the...
Introduction Interoffice memos refer to short messages sent between individuals in different departments in an organization or institution. Generally, these memoranda are used to share confidential information, policy updates, project briefings, and news regarding departments. Nevertheless, they can share any information, including informal updates on non-business activities. Regardless, they observe...
Introduction Ethical decision-making in business is a matter of active debate nowadays, given the multiplicity of different scandals and crises that arise within the economic environment. Managers, especially those belonging to decision-making teams, have to thoroughly think about many elements of their organization’s activity and surroundings, such as its reputation,...
Introduction According to the case, Paul Kruse faced a situation in which he had to make ethical decisions that would not adversely affect the organization’s reputation. Irrespective of how Paul Kruse handled the case, his decision and course of action did not change the fact that sanitary measures were not...
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...
Abstract The current paper demonstrates the impact of organizational structure and managerial practices on business performance on the example of Dow Corning. Throughout its history, the company had varying degrees of success under functional, divisional, and matrix management systems. It continually adjusted its needs and operations, depending on the period...
The concepts of morality, ethics, and culture of behavior are usually attributed to the field of non-economic relations between people. To some extent, they are associated with official relations, usually tied to service in government organizations. Meanwhile, it is exactly the entrepreneur who needs the image of an honest, deeply...
Introduction Accounting has been a crucial part of any financial proceedings from ancient times. From the ceramic tablets with the simplest recordings in ancient Egypt to the modern-day Excel spreadsheets, humanity has always not only known the value of proper accounting but actively needed it in their day-to-day operations. However,...
Saputo Inc. is a Canadian company that produces milk products and sells them in over 40 different countries under a variety of brands. It is among the largest dairy producers in the world, with massive production and sales volumes. Saputo’s facilities operate in Canada, the United States, Argentina, Australia, and...
In order to convince the sponsor to adopt a matrix management structure, it is essential to explain its advantages. The matrix framework combines the features of the linear and process structures (Bowers et al., 2017). According to the principle of linear management, the matrix structure is aligned vertically; that is,...
The Concept of Corporate Social Responsibility Corporate social responsibility (C.S.R.) is a developing idea that lacks a broadly acknowledged meaning at the moment. Generally, the concept is understood by how businesses incorporate environmental, social, and economic issues into their moral standards. Furthermore, they may entail customs, strategic plans, choices, and...
The No. 1 toothpaste company on the Russian market, Colgate, has existed for more than two centuries. Now its net income for the quarter exceeds billions of dollars (Colgate-Palmolive, n.d.). The appearance of toothpaste on the market in history contributed to the first step toward the company’s global success. The...
The ongoing coronavirus disease of 2019 (COVID-19) pandemic has forced entrepreneurs and leaders of giant corporations to transform their business models. Most of the affected companies have applied different techniques and approaches to support organizational transformation. To remain relevant, maintain its profits, and meet the demands of its key stakeholders,...
Introduction Microsoft Corporation is a global technology company headquartered in Redmond, Washington, specializing in developing and selling computer software, electrical goods, personal computers, and associated services. Microsoft’s mission is to empower every individual and organization on the globe to thrive, while its vision is to assist people and companies worldwide...
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...
As a commodity of the contemporary era, the fashion industry is the third largest global enterprise after automobiles and technology (Pelikánová, 2021). Fashion is dedicated to the trade of manufacturing and making sales of clothes, and it incorporates manufacturing, design, distribution, retailing, marketing, and promotion. Further, the fashion industry encompasses...
Introduction Leadership refers to a social position of influence, which allows an individual to mobilize a group of people and collaborate toward accomplishing common goals. As a result, a leader is responsible for organizing and guiding individuals with common interests toward achieving their goals. On that account, the strategies adopted...
For every person, there are terminal values that play a significant role in life. Hence, based on these attitudes, individuals build their way and choose education, work, and partner. In other words, terminal values represent the ultimate aim of people’s lives, what they want to achieve the most. My terminal,...
Lockheed Martin is an American aerospace company employing over a hundred thousand employees. As a part of the company’s ethics and diversity program, a document was published called Setting the Standard detailing Lockheed Martin’s code of ethics and business conduct (Setting the standard, 2020). However, some argue that a company...
Introduction 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...
Executive Summary The discussion focuses on the moral dilemma of staying or leaving an environmentally unfriendly company. It was found that Kant’s categorical imperative and ACS Code of Ethics imply that the former option is ethical. The decision-making model of Beemsterboer and Velasquez identified seven steps to come up with...
Nike corporation has become the absolute leader in sporting goods since the brand’s creation. However, the number of Nike products’ users is limited by the number of citizens living on Earth, their demand, and their budget. Due to these factors, the company has both positive and negative prospects for 2022....
Introduction The invention process is a complicated and time-consuming phenomenon. J. Tidd and J. Bessant (2009) propose this theory concerning the concept of innovation. It starts with an image that might be considered a vision by others. And then, can the tiresome method of continuous checking and error occur as...
Executive Summary This report introduces the process of a company quality system implementation. The issue is addressed from the perspective of an aspiring leader who is yet to acquire the respect and confidence of their followers. A good quality system acknowledges the complexity of the business landscape that comprises both...
Case Facts McKinsey and Company, a leading consulting agency, has agreed to pay US$573 as a settlement for advising Purdue Pharma, a drug company, on how to “supercharge” opioid sales. The agreement to pay the settlement was reached after the management of the consultation firm agreed with attorney generals of...
Companies have various methods of organizing their objectives, goals, and aims. Thus, SMART goals and balanced scorecards allow managers to illustrate where the company is heading and how to get there. However, both frameworks correlate with specific pros and cons that can both advance and compromise organizational outcomes. SMART goals...
Introduction One of the remarkable features of the globalization era is the wide availability of information, including of a preferably closed nature. In particular, with the development of information technology, every individual can share their opinions and experiences online, which can generate a public outcry if the issue being communicated...
Current and future work systems are extensively defined, and thus, strongly linked to management’s strategic decisions. Employees are getting more active in work design and reengineering. Cross-functional teams are advantageous from a strategic standpoint, but they can also be problematic. Managing their activities efficiently is a difficulty for them, which...
Introduction Mike Rose’s essay, Blue-Collar Brilliance, illustrates why blue-collar employees should not be labeled as incompetent or uneducated. He mentions his mother, Rosie Rose, and his uncle, Joe Meraglio, as personal examples to demonstrate that blue-collar employees put in a lot of effort and should not be stigmatized in society....
Successful professional relationships are essential to working effectively in healthcare settings. Relationship-oriented work is a personalized approach to maintaining a positive climate within the organization. Professional associations include team members, colleagues, other professionals, and people who need treatment. Thus, the State’s professional attitudes require physicians to have the professionalism and...
Introduction It is important to note that the performance ratios of a company play a critical role in assessing and monitoring the overall validity of the organization as a business enterprise. The given analysis will primarily focus on evaluating the financial condition of Costco Wholesale Corporation on the basis of...
The present paper conducts an external environment analysis for the Chinese telecommunications company Huawei Technologies. External environment analysis plays an important role in the strategy-making process because it helps predict possible risks and develop strategies to mitigate them. Although Huawei is a Chinese company, its products are sold in Asia...
Introduction The impacts of the current COVID-19 pandemic on various aspects of life, including the labor market, are significant. Most areas have had to adapt to new conditions in which restrictions on social contacts are maintained. As a result, remote work has become one of the mechanisms to reduce the...
Project cost and funding mix Egyptian Refining Company (ERC) is the largest infrastructure megaproject both in Egypt and Africa as a whole in the form of a public-private partnership. According to the Egyptian Refining Company (n.d.), this modern refinery is worth $4.3 billion. At the same time, equity capital is...
Ben & Jerry’s has a reputation as a socially responsible company. They try to combine, at first glance, difficult compatible things: to prosper financially and take care of people. They do not describe themselves as a vast conglomerate, striving only to earn more and more money every year. They, first...
Workplace disputes are unpleasant, but unavoidable, and affect the overall atmosphere of the team. Workflows must be transparent and easy for employees to understand. If business processes are clearly defined, there is no room for confusion – the organization works smoothly. Because Diana had problems understanding the situation, a protracted...
Introduction Evolving globalization trends have significantly contributed to major changes in the fields of business and economics. The effect of recent technological advances is evident as well, with banks becoming more dependent on online systems. As a result of accidents and faults in the mentioned systems, unplanned events eventually cause...
Introduction Accounting is a vast topic for discussion as it involves numerous smaller ones, all of which are interrelated. Therefore, accounting cannot be researched without understanding its complex structure and its impact on different spheres of public life, interactions with government, and people’s income levels. Consequently, it affects national economies...
Mapping Sociotechnical System Note: Red boxes include people inside and outside of the organizational system, green boxes – related organizations, and blue boxes – technology. The systems map presented in Figure 1 shows the crucial elements within the company and the external elements that may affect its business processes. It...
This work is devoted to the analysis of strategic management and strategic competitiveness of the Tesla Company. This paper presents an assessment of the impact of globalization and technological changes on the Tesla Company and its activities. In addition, an industrial organization model and a resource-based model were applied to...
Introduction Value addition is the most talked-about phrase across the world of the manufacturing and processing industry, particularly in the export-oriented processing industry because of the increased realization of valuable foreign exchange. In the fishing industry like any other venture, value can be added to fish and fishery by-products to...
The following paper aims to define and illustrate how power is facilitated in business settings. The roles of leadership and power in the business world will be categorized and explained, as this is essential in understanding the structures of business groups. The work will also analyze the functions of organizational...
One of the factors of consumer success and achieving a strong competitive advantage in today’s companies is a commitment to innovation. Innovation should be thought of as any innovation in a company that aims to increase productivity and optimize labor. In other words, many of today’s companies, especially the largest...
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...
Introduction Lululemon is a multinational company specializing in selling athletic apparel. While the company has been experiencing worldwide success and opportunities for growth and market expansion, some circumstances turned out to cause the corporation financial issues. Moreover, the customers grew unsatisfied with the selection of items they could reach in...
Introduction The company plans to use a push strategy that does not wait for customers to ask for a product. Instead, it creates products it thinks the customer will demand and then waits for orders. Inventory management helps respond to disruptions that make it challenging to drive towards proactive and...
The profit planning system at McDonald’s comes down to turnover and guest count planning. Planning is an estimate of future turnover and guest count based on current trends and past data, such as seasonal events and programs that have been held in the past. It is very important to plan...
In order to stay competitive, companies need to create ways to attract new clients and improve their services and products. The STP framework involves addressing three key areas, namely, segmentation, targeting, and positioning, in order to formulate a marketing strategy that will be relevant and effective for a particular business...
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...
Introduction Ethical standards in the field of accountancy are an essential factor due to the focus on uniformity and justice in the marketplace. Over the decades, different countries implemented various principles within the financial sector to enhance the optimal monitoring of the performance within the business environment. However, the expertise...
Introduction In the modern world, Sony is a multinational enterprise that produces and sells various goods, such as gaming consoles, TVs, smartphones, technological devices, and even movies. Sony is a Japanese corporation with its headquarters in Tokyo; however, it developed over time and currently functions in regions like China, Europe,...
Walt Disney is one of the most successful companies in the world. The success of the company is associated with a constant innovation in animation and business. It effectively used its resources to become an entertainment company from a simple animation studio. Hiscocks (2016) claims that carefully selected designers played...
Abstract This report presents an international business proposal for the expansion of the GMI company through the marketing of Progresso soups in Santiago, Chile. The report focuses on the country analysis and the possible measures the company could take to allow the successful marketing of Progresso Soup products. Progresso Soups...
