11072 samples of this type
To develop proper relationships with customers, companies have to create trust. Clearly, employees have to meet customers’ needs and provide all the necessary assistance and support. Services provided have to be timely or else the customer will address another company. Researchers note that reliability and character-based trust are essential for...
Why Did Books and CDs Sell Successfully Online Immediately While Many Other Products Took Some Time to Sell Online? It is easier to sell such items and books and CDs online because these goods have fixed contents. If one goes to an e-store to purchase a book, they are likely...
Abstract Mergers and acquisitions are common business practices that have both benefits and disadvantages to the involving firms. Essentially mergers and acquisitions are often perceived as expansionist strategies employed by firms to ensure increased market share and capabilities. Firms merge and acquire others for various reasons. However, increased competencies and...
Google is one of the most famous multinationals in the world. It operates in over 50 countries worldwide (Google Inc, 2015). Google provides a wide range of products and services in the sphere of IT technology (including development of applications, devices and so on). The company was founded in 1998...
Abstract Greening the supply chain refers to the inclusion of various innovative strategies aimed at reducing environmental pollution in the course carrying out the operations of a firm. It involves greening all the activities making up the supply chain. The process comprises four basics, viz. green purchasing, green manufacturing, green...
In the essay, you will find a discussion of the challenges and strategies for overcoming resistance to change in the workplace. Drawing from personal experiences and research, the paper explores the various reasons behind resistance to change and offers practical advice on how to cope with change and adapt to...
The minimum wage law was intended as a humanitarian act which would stimulate the economy as well. Most agree that employees who work full-time hours should be paid a wage sufficient so as to allow them to provide for their most essential needs which current minimum wage does not accomplish....
Decision making is an integral part of management. On many occasions managers are not conscious of the decisions they make every day. Whether decisions are made consciously or unconsciously, they have direct or indirect effect on an organization (Russo & Schoemaker, 1990, p.23). To be good decision makers, managers have...
Abstract In this paper, the interrelation between air transportation and the supply chain is discussed to explain the impact the transportation industry may have on logistics. The United States increases costs on the air transportation industry. The goal of the article is to prove that air transportation cost changes may...
Introduction Nonprofit organizations are an essential part of society’s economic processes, as they contribute to the solution of various problems of people. Different population groups have some features manifested in social security, material security, and general well-being. Nonprofit organizations often have a charitable focus while helping those in need. However,...
Introduction The core of the entire marketing philosophy is consumer behavior. In-depth consumer information is required for effective marketing operations and is the foundation for identifying the target market of complex marketing development. Understanding the reasons for potential customers and the capacity to professionally analyze consumers’ decision-making process to acquire...
Critical Issues Critical issues are the incredibly competitive nature of the market in India, the high prices of real estate, and the prevalence of the tea-drinking culture. Critical Facts Starbucks has a history of success in expanding to foreign, non-coffee drinking cultures. Due to the partnership with Tata, Starbucks gained...
Case Information Torrey Nano is an upcoming biotechnology firm mainly engaged in pharmaceutical research. In 2017, the firm’s CEO, Jack Heiner, had to decide on the option to introduce a new product called Nano-4. The decision centered on the manufacturing route to adopt for the product that would have significant...
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...
Analysis of the BMW/MINI Supply Chain A manufacturer of automobiles, motorcycles, and engines, BMW/MINI (Bayerische Motoren Werke AG) was a German company first introduced to the market in 1916. The company has been transformed into a globally recognized brand thanks to its core products, BMW/MINI, MINI, and Rolls-Royce (Hazlehurst, 2021)....
The SWOT Analysis of the Organization The company for which I work is the Early Childhood Commission (ECC) in Jamaica, an agency established by the Ministry of Education. Although the ECC is a strong institution, its strengths include a strong connection to the stakeholders and catering to children’s needs. However,...
Introduction The global insect protein market is expected to develop over the next few years. According to the case study, the sector is projected to experience an annual growth rate of about 28%, generating sales of $213 million by 2023 and $8 billion by 2030 (Goode and Emily 2). This...
Evaluation of I Love Rewards Survey Findings: Millennial Motivation and Attitudes Millennials are one of the most motivated generations in the workplace, and many factors influence their attitude. I agree with the comment of the founder of the “I Love Rewards” survey, Razor Suleman, regarding the comment stating that millennials...
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...
Introduction The Nike brand is well-known for its premium athletic apparel and shoes, particularly the Nike Air footwear. To ensure the success of a product like Nike Air, it is essential to undertake extensive market research, create an efficient marketing plan, and understand how to compete effectively in the market....
Introduction The culture and policies of an organization are heavily influenced by the ideals and principles of its leadership. A leader’s ability to inspire and motivate their team members to work together toward common goals is crucial to the success of their organization as a whole. Tim Cook’s responsibilities as...
In many spheres of life, mediation is being utilized more and more to settle conflicts. Organizations and policymakers are becoming more aware of the unique resonance that mediation has in the workplace in the UK. Positive disagreement between people or groups of individuals may seriously impede an organization’s quest for...
Introduction The work of any organization and its ability to achieve existing goals depend on the approach used by management to address current issues and resolve them. At the same time, every unit might have problems with the quality of provided services and products, impacting client satisfaction. Under these conditions,...
Introduction The paper is about Java Corporation’s efforts to eliminate harassment in the workplace. We will discuss why it is crucial to have a zero-tolerance policy against harassment in the workplace today. We hope this policy briefing will assist upper management in comprehending the policy’s legal and strategic foundations. It...
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...
Brief Outlook of the Job For this assignment, the position of sales manager was chosen as an example. Sales managers generally coordinate goods’ movement from a producer to customers. In fact, although this description may sound simple, there are thousands of factors that influence the probability of successful work. Therefore,...
Congestion in public transportation networks is a worldwide issue, it affects not only the daily lives of residents but also the local economy, the environment, and public health. Road congestion can be attributed to various issues, including an increase in the number of vehicles on the road, the development of...
Introduction A firm’s value proposition is a statement that summarizes how a company’s products or services solve a customer’s problem and what makes them different from competitors. It describes the unique value that the company provides and outlines the benefits that customers can expect from doing business with that company...
Summary Bershka was established in 1998 in Spain and focuses on fashion and designs of clothing manufacturing. The company started its operations in 2000 when it recorded an increased demand for its fashion products from Spanish citizens (About us, 2022). Up to now, the firm has opened thousands of its...
Introduction I work in a large factory that manufactures industrial machinery. The company’s organizational structure is hierarchical, with the chief executive officer and executive team making all significant decisions. Lower-level employees are informed of the decisions and must always adhere to the company’s policies and procedures. Positions in management and...
Introduction For 30 years, John Kotter has studied how and why new ideas and organizations fail. With his colleague Lorne Whitehead, he identified four reasons why people resist change – 1) proprietary interest, 2) misunderstanding and lack of trust, 3) a different assessment of the situation, and 4) unwillingness to...
Abstract Problem. Today, the Big Four accounting firms take up 99% of the auditing market and 40% of the consulting market. These companies continued their steady growth even during the period of the COVID-19 pandemic, which slowed down the economies around the globe. However, it is unclear if these companies...
Introduction The Internet revolution and evolving market dynamics in the 21st century have altered the modus operandi of several enterprises in contemporary marketplaces. The rising significance of reputation in the internet world is one of the most significant transformations. As a result, hotel reputation management is the process of monitoring...
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...
This report focuses in the performance Shopify, a technological firm that provides one-stop solutions for individuals and companies that want to start and eCommerce business. The purpose of the report is to evaluate the company’s financial performance in terms of profitability, liquidity, financial gearing, and efficiency using financial ratios. The...
Introduction The above statement, which announces the end of remote working for Tesla’s workforce, directly results from Tesla’s lack of engagement and connection with its employees. Such an announcement requires consultation with every organization member regardless of their seniority. Since the matter directly concerns junior employees, involving them in the...
Introduction Organizations have recently shifted their attention towards investing more in information technology. While this is the case, only a few of them seem to take security matters seriously. Cyber attack remains to be a critical issue as far as information technology is concerned. According to Trim and Lee (2021),...
This paper analyzes the Coca-Cola company’s strategy management at the market level. In addition, the forces of the competitive environment and market cycles are being identified. The obtained characteristic of Coca-Cola allows concluding the effectiveness of the company’s most crucial corporate-level strategy. In general, within the framework of this paper,...
Introduction It is important to note that ethics and adherence to ethical conduct are cornerstones of business ethics. The case is centered around Burson-Marsteller (B-M), which is a public relations (PR) company known today as Burson Cohn & Wolfe, but since the case focuses on past actions of the firm,...
Every successful leader and manager goes through a long journey of trial, and error, learning philosophies, and approaches to leadership. Joan Carter, my boss and the head of the ________ company, is no exception, as over the years of experience, she has acquired valuable skills and knowledge that she provides...
Introduction This paper discusses external and internal business environment of the United States Postal Service (USPS). This is the same organization that was used in the first week. The USPS is an independent organization under the executive branch of government (The United States Postal Service, n.d.). The organization is more...
Introduction Many new companies always experience a slow start, but after some time, they enjoy a period of rapid growth. The growth is attributed to acquiring more customers and increasing profit levels. Torn between maintaining their products’ quality and expanding the product volume, the companies are left in difficult situations....
Introduction Optimization of organizational activity is an essential indicator of the competitiveness of any company, especially in the face of constant global challenges. One of the tools for achieving goals is special communication skills that help improve performance in general and individual business processes in particular. Effective communication between employees...
Effective communication is extremely important to ensure successful business relation. Multiple factors need to be taken into consideration when approaching business partners from other companies and particularly from other countries. I believe that to approach a businessperson from another country, it is essential to try to predict the challenges that...
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...
Introduction The purpose of the research is to provide a better understanding of how Louis Vuitton develops its brand meanings and how that interaction with its clients may affect consumer behavior and boost the company’s market success. Research Question Three overall research questions to address by this research include: What...
Leadership style is an important aspect of any kind of business, company, or organization. It includes methods of management, motivation, cooperation, control, penalties, and other factors related to the management of employees. Leadership has a direct impact on the company’s profitability and work efficiency, as it affects the motivation of...
Introduction In the context of sustainability, Qatar is one country that is developing sustainable projects. Lusail city is among the projects financed and controlled by the government to develop a green city. It is a revolutionary project that will become a one-of-a-kind state-of-the-art city in the region and beyond the...
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 True Religion is an American designer jeans and denim brand. The brand was founded in 2002 in California. At the dawn of the new century, when the fashion industry was undergoing dramatic changes, and many brands were trying to figure out where to go next in a rapidly changing...
Introduction Conflict resolution employs several strategies that hasten an amicable end, but none is more important than identifying the most opportune moment to implement them. Crucially termed as the ripe time, this moment defines a vital step in a negotiation because both parties can readily recognize no other means to...
Introduction Cherng, the co-chairman of Panda Express, supports continuous learning by encouraging employees to commit to self-improvement. The company allows the employees to offer their opinions during training. Cherng and his wife, Peggy, the co-CEO, keenly observe little things such as tidiness, which they believe are noticeable by customers. The...
Summary Coffee is the most basic beverage for consumption in countries like America and Europe. Many behaviors have been adapted and are now rotating around coffee. People in white and blue-collar jobs pass by coffee shops in the morning and grab their specialty. During breaks and free time, students go...
Problem Statement The Fashion Channel (TFC) faces problems represented by the inability to compete with rivals due to the firm’s unwillingness to accept changes. TFC has focused on a broad audience for many years, resulting in the company being used to operate in a certain way while other networks utilize...
Introduction The presence of high-quality service in the travel and tourism industry is an essential element for success. Striving for enhanced customer experience, companies in the hospitality industry place great significance on their recruitment practices. The technological changes and advancements of recent years opened many opportunities for expanding recruitment channels,...
Introduction Unilever Plc is a multinational conglomerate founded in 1883 in the United Kingdom (UK). The company has its headquarters in London; it has grown its product portfolio from the founding sunlight soap brand and now boasts over 400 different product brands. Its operations span 190 countries globally, providing a...
Introduction Description of Scenario This case study involves a chartered organization by the US government called the Paralyzed Veterans of America (PVA). According to the case study, PVA is a philanthropic organization that focuses on serving the needs of American veterans who have suffered from spinal cord diseases and injuries...
A positive corporate culture is pivotal to any organization concerned about its employees, clients, productivity, and public image. Strong leadership and a growth mindset are essential components of a company’s ethos (Tuleja, 2022). In this regard, Zappos is known for its unique and inclusive working environment that can be considered...
Netflix and Blockbuster are leaders in the entertainment industry offering video streaming services. However, their histories reveal how different business models shaped customer experiences, determining corporate strategies, and paved the way for technological development. Johnson et al. (2008) note that all successful ventures are founded on developing unique solutions to...
Introduction An infant industry is a newly emerging industry that requires close attention and support from the state. As part of the car building, countries are increasing their technical equipment and developing their economies. In addition, states minimize the impact of cars on the environment by reducing exhaust gases and...
Introduction Terex may have an operational failure if the new electronic system functions as anticipated, and inventory cannot be tracked. Terex could encounter a functional failure if the new electronic system does not perform as expected. For instance, if the system cannot effectively track inventories, this could result in delivery...
From a personal perspective, Home Depot is a company that epitomizes almost all elements of learning and value creation to the high extent. In particular, it has the highest level of motivating and inspiring people, developing leaders, and empowering employees at all levels. First of all, Home Depot defines the...
In the modern digital age, relying on ambiguous statements that sound like affirmations and dreams is no longer considered wise. Instead, it is now suggested to follow the SMART goal strategy, which stands for specific, measurable, achievable, relevant, and time-bound (Davis, 2018). Therefore, I decided to use this method to...
Businesses routinely meet cultural variations in today’s multicultural global world, which affect management practices. Diversity in attitudes, actions, customs, and values among individuals living or working together are examples of cultural differences affecting international businesses. Entrepreneurs need to incorporate different management styles depending on the cultures that make up a...
Summary In 2010, Walmart had a market value of $210 billion, more than the value of the following five largest retail companies combined (Miles,2019). Walmart remained the largest company in the world in terms of market value. The company’s revenues and profits grew in 2010, and its stock price increased...
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...
Introduction This critical evaluation paper discusses and analyzes the 7Ps of marketing. This model allows leaders to evaluate the company’s performance and understand the significant components connected with its functioning, current state, and opportunities for subsequent growth and development. The 7Ps of the marketing model focus on discussing such elements...
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...
Abstract The purpose of this report was to analyze six aspects of Cookie Business. First, the report focuses on breakeven analysis and determines the number of cookies needed on average to cover the fixed costs. Second, the cost of inventory was calculated using full and variable costing. Third, a special...
Introduction The United States and India are the world’s leading countries based on the number of gun ownerships; however, the exposure, culture, regulations, and impacts differ across the two, with the US experiencing adverse events. The American gun culture is as old as the country’s Constitution, which can be traced...
The financial report is the most detailed document describing all the company’s activities for a certain period (Hasanaj & Kuqi, 2019). Based on the financial report, the interested person can consider and analyze the company’s problems, interpreting the data from different parts of the document (Investopedia, 2022). In this essay,...
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 Sexual harassment at the workplace is a serious issue that might impact a person’s well-being, his/her performance, and chances for a successful career. It can also be viewed as one of the sides of discrimination and infringement of human rights, which is unacceptable in modern society. For this reason,...
Area of Business Practice Human resource management is a logically consistent and strategic approach to managing the most significant asset of an enterprise: the organization’s personnel, who individually and collectively contribute to solving organizational tasks. The main goal of human resource management is to ensure the success of a particular...
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 Calibration of price tags, the quality of available raw materials that are used to manufacture a company’s products, can harm the ability to satisfy customer demand and the cost of goods. The availability and price of raw materials may vary depending on the cost of transportation, natural resources, increased...
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...
Creating a distinctive competitive advantage that will place a company on the global map and elevate it to the status of a robust business is one of the core requirements for economic success. Therefore, strategies for building a competitive advantage must be properly understood and actively used in the target...
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...
The constant increase in healthcare costs associated with the emergence of new medical technologies and medicines, as well as changes in the structure of morbidity and demographic problems, is a global trend nowadays. Holden et at. (2021) emphasize that “this evolution is accompanied by new challenges to deliver safe, high-quality,...
Introduction Despite promoting a favorable image, not all organizations always follow the basics of good behavior. The provided case study (CS) presents the situation of Uber protecting its employees who harassed other individuals working in the corporation. Although Uber made some changes after an independent investigation, the scandal resulted in...
Performance evaluation is the process of assessing an employee’s performance systematically. The procedure should be productive and formal to measure the worker’s job and results based on their descriptions. It gauges the value the employee adds to a company in terms of increased business revenue compared to the set standards...
Introduction The purpose of this report revolves around reviewing servant leadership (SL) as it pertains to early childhood education. The document explains SL as part of the author’s personal philosophy and discusses SL’s theoretical explanations and impacts on three dimensions of management. Although SL requires further exploration in early childhood...
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 The Critical Incident Analysis (CIA) technique for responding to cultural variances provides a robust, subjective view of life. It eases the understanding of problems in any serious adventure, hence enabling managers to exemplify empathy concerning different cultural views. It fits occurrences that are important and have the propensity to...
The Boeing Company Boeing is one of the biggest corporations in the aerospace industry. The company works with customers across over 150 countries (Boeing, n.d.). Boeing operates through the development, manufacturing, and maintenance of commercial planes, space systems, and defense products (Boeing, n.d.). The core values of the company include...
Small and medium-sized family businesses, in most cases, become the basis of economic development. These forms of entrepreneurial activity are characterized by a high ability to adapt to changing market conditions. The growth in the number of family-owned enterprises, such as Ocean Group, carries antitrust potential and contributes to reducing...
Introduction The courier and delivery industry has significantly impacted the business world. The industry involves parcel and package delivery from one destination to another. The popularity and reliability of this industry result from the speed at which parcels and packages are delivered to their final destinations. The industry has been...
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 A successful business strategy will assist individuals in determining where their resources and capabilities are better spent by assisting them in identifying their strengths and limitations. These choices are critical to the company’s long-term profitability and viability. An organization’s strategic management methodology consists of basic concepts explaining how a...
Expense Details HKD Converted to CAD ($) 1 HKD = 0.17 CAD Flight CI031, CI903 and CI910, CI032 US $ 1,523 Your City (Vancouver) – Hong Kong, China Hot meal provided Duty free for sale on flight 1,982.06 Hotel Grand Hyatt Hong Kong 1 Harbour Road Wanchai, Hong Kong RHKE...
Introduction Prior to the COVID-19 pandemic, most organizations were at their best times regarding performance and success rates. The operations of companies that used to take place before the COVID-19 period are now regarded as normal. The pandemic is known to have brought about several changes to daily operations and...
Marks and Spencer Profitability Ratios Gross profit margin is calculated by dividing gross profit by revenue. Mark and Spencer’s gross profit for 2021 was £2,911.6 million (Marks & Spencer Financial Statements, 2021,p. 123). Mark and Spencer’s revenue for 2021 was £9,155.7 million (Marks & Spencer Financial Statements, 2021, p. 123)....
Introduction Organizations use job descriptions to highlight skills and competencies required to perform specific tasks and duties associated with a certain position. It is essential to set clear expectations for candidates to determine the demands and recruit the right individual whose skillset and experience can meet them (Alvarenga et al.,...
Discussion of H&W Produce This paper aims to use the results of a job analysis for the position of “salesperson” at the organization H&W Produce to draft a new recruitment and selection program. H&W Produce is a wholesale store chain that primarily sells fruits and vegetables. The company is locally...
Current and Recent Economic Conditions The Canadian economy is currently experiencing growth that had already surpassed, in some ways, the pre-pandemic period when there was a significant recession. It is evidenced by GDP and unemployment figures, which slightly exceed the values of January-February 2020 after a prolonged increase from May...
Introduction Electricity and natural gas were both sold wholesale by Enron Company Limited. It was profitable and operating well for the outside world, but the reality within was different. The lack of accounting openness gave the corporation’s financial situation a sound appearance. The truth about Enron was uncovered when outside...
Introduction In the organizational structure of any company, there are main divisions and departments that serve as the basis of its functioning. The marketing unit is the basis of the organization’s interaction with customers and potential buyers. The main task of this branch is to maintain the brand and image...
Introduction McKinsey & Company, Inc is a famous consulting company serving a huge client base worldwide and is widely known for its incomparable success. The firm holds offices in more than 50 countries all around the globe and serves more than a thousand companies from various sectors, such as commercial...
Critical Contributing Factors to Konami’s Success Konami was initially “a jukebox rental and repair shop in Osaka” (Konami – entertainment company, n.d., para. 1). When the advent of arcade machines happened in the early 70s, its founders decided to enter the digital entertainment industry with several titles (Aruru-san, 2022). The...
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...
Introduction It is not surprising that the majority of companies gradually develop their own systems of management which correspond to their needs and missions. Thus, it becomes interesting to study different companies in order to discover certain unique practices and tools they employ to improve their performance. Alphabet, the parent...
DuPont analysis is a commonly measure for the return on equity (ROE). The DuPont coefficient is a product of net profit margin, asset turnover ratio and equity multiplier (Jin, 2017). Net profit margin is the central measure of profitability which provides a percentage of revenues kept as net profit (Husain...
Introduction Vertical and horizontal analysis are essential components in analyzing financial statements for the company; both vertical and horizontal analysis presents a significant source of information about the company’s performance for internal users. Therefore, the forms of analysis are used by management to identify issues in the company’s accounting and...
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...
In the Pre-Industrial Society era, Starbucks would have experienced opportunities and difficulties in an equal measure because it was a new concept. People would not have been familiar with their products, and selling their ideas to potential clients would have been difficult. One significant opportunity would be the chance to...
Availability of resources is one of the main factors to consider while deciding how to staff a project. This will help to ensure that the resources are optimally utilized to avoid wastage (Viter, 2021). It is possible to staff a dedicated team of resources if there is a constant, reliable...
The method compares the cost of the total expected benefits from the project with the total costs of its implementation. The analysis has two goals: 1) at the project justification stage, determine whether the benefits from the project exceed the costs and, if they exceed, by how much; 2) create...
Introduction This research study aims to identify the familiar sources of stress in a hectic work environment, whether commercial or public. The research will uncover management-applicable strategies for assisting workers who may experience tension in or outside the workplace. The report will examine the sources of work-related stress and its...
Introduction Leadership is a unique position within a social group that involves influencing other individuals to achieve goals. Leaders have always existed both in the animal world and in human society. Plato already asked questions about leadership emergence, and other researchers have repeatedly addressed this issue. The central conflict among...
Introduction The three companies selected that use information systems include Walmart, Netflix, and Apple. At first, Apple used the supplier information system (SIM). The SIM is a database system deployed by the organization to collect, store, assess, and control its supplier data in a unionized locality (Reardon et al. 2021,...
Samsung is one of the most reliable companies designing and distributing mobile phones and other devices. Indeed, some cases with devices’ malfunctions might occur due to various reasons involving improper design. Organizations often strive to generate innovative gadgets, forgetting about safety policies. Moreover, in the case of Samsung, the battery...
Acceptance and respect are part of the diversity idea; it means accepting the fact that everyone of us is unique and appreciating our uniqueness. These can be along racial, ethnic, gender, sexual preference, social class, age, physical ability, religious, political, or other ideology lines. It is also about examining these...
Many factors contribute to a company’s success, even if a well-engaged workforce is not the only one that matters. A well-defined organizational structure can help better understand and handle human resource challenges such as management authority. The organizational framework establishes the formal reporting relationships that control the organization’s workflow and...
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...
In general, conversion funnels generate sales and help a company understand, visualize, and capture a customer’s journey from attention to taking the desired action, including conversion. For Ferrari, social media networks, such as Facebook, Instagram, Twitter, and YouTube, are used as a part of the company’s conversion funnel strategy to...
Introduction Small and mid-size firms (SMEs) have sales, assets, or a particular percentage of workers below a predetermined range. Each country defines a small and medium-sized (SME) firm differently. Specific size criteria must be satisfied, and the business sector is also frequently considered. The European Union (EU) defines a small...
Introduction A code of ethics establishes an institution’s ethical rules and industry standards for maintaining honesty, integrity, and competence. While working as a consultant at eBay, I studied the code of ethics to understand my rights and opportunities. Organizational members who violate the code of ethics may face punishment, possibly...
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,...
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 Sustainability seems to be a buzzword everyone uses nowadays. Whenever I scroll my feed on whichever social media, I am reminded of how much of a grip this concept has on society today. Forbes, Wall Street Journal, The Atlantic, and other globally prominent publications educate a large sum of...
Executive Summary The paper has focused on the supply chain and the challenges that may face some areas in the future. It is important to study such information as it prepares the industry to overcome the issues. For instance, financially, both the companies and governments of different countries will be...
Introduction Organizational leadership is the most fundamental factor that influences all aspects of companies. Leadership is a managerial function instrumental in directing resources for organizations to enhance efficiency and accomplishment of set goals and objectives. Therefore, leaders strive to provide their followers with clarity of purpose, guide, and motivate them...
The retail and furniture trade are an essential part of the global economy. The furniture industry consists of the production, distribution, and retailing of residential and commercial furniture items. This market also includes additional products such as mattresses and home furnishings. The industry is able to combine new technology and...
Introduction Kent Chemical is a multinational company headquartered in Kent city in the U.S. state of Ohio. The company started as a producer of rubber and later shifted operations to producing plastic additives and chemicals (Bartlett & Winig, 2012). Due to the expansion of Kent’s overseas businesses, Kent’s operations shifted...
Many companies make outsourcing or in-house decisions primarily to reduce headcounts and costs. Mainly, companies consider different types of expenses involved in creating a product and service, including monitoring, transactional, labor, waste disposal, and storage requirement costs. International and local organizations adopt the outsourcing strategy if obtaining goods and services...
Objective: This paper addresses the impact of today’s technology, digitization and transformation on the automotive industry leadership and security. Digital transformation development is the core success of automotive industry. Its power positively impacted industrial automation, operating cost, customer services and logistics, financial modelling and forecasting. The goal is to review...
Creon’s portrayal of Athenian power and leadership tells us that for anyone elected to be a leader, his mind, his soul, and his will are aligned with the throne’s purpose. In other words, what the leader intends for his country and the people must be reflected in the skills he...
Leadership Virtues Questionnaire focuses on several virtues when approaching ethical leadership. According to Riggio et al. (2010), LVQ evaluates leadership virtues while looking at awareness and self-discipline skills. Prudence is one of the virtues, which entails the wisdom that enables an individual to ensure a balance when handling two extreme...
The TED Talk about decision-making by Ruth Chang has several important implications. Whereas the standard way of thinking about the hard choices is that it is a curse, she comes to the conclusion that it is instead “a godsend” (Chang 14:20). However, it is not only the culmination that matters...
Introduction Selling is an employee’s profession that requires a customer-centric sales strategy. Sales are made through person-to-person conversation. The discussion may occur in person or over the telephone, but the core of a good result is contingent upon the seller’s ability to establish trust in customer relationships. Establishing credibility and...
Company Overview Business Overview Delta Air Lines Inc. provides air transportation services both in the US and internationally, operating in two segments: Airline and Refinery. The company’s key locations are situated in core hubs, including Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City. As for the international networks, Delta Air...
Market Penetration Market penetration is a technique in which a corporation uses current products to increase its market share in an established market. It is the process of a corporation selling more of its existing items to existing markets. Teva’s key strategy is market penetration because it spends a lot...
Explanation of the Decision-Making The Decision-Making Process The decision to open an innovation center in Singapore was made by the leadership of Ferrero Group, namely by Ferrero Chief Executive Officer Giovanni Ferrero in 2017 (“Ferrero announces opening of Singapore innovation center,” 2017). Another party involved in the decision-making was the...
A company is a business structure with separate legal entities from the owners. In a accompany, primary operations are run by the company directors while the company’s ownership is often in the hands of shareholders. In a company, the human resource manager holds major duties, including planning, coordinating, and directing...
Teams have been regarded as a major element in enabling institutions to improve business performance. They push individuals to innovate faster, exemplify higher productivity, see mistakes more quickly, and develop better solutions. However, some teams do not succeed in attaining the organizational objectives. Teams that succeed, as evidenced by the...
Timm’s abbreviation VISPAC is a guide to exceeding customer expectations, and it contains six categories: value, information, speed, personality, add-ons, and convenience. The personality component in question is essential in achieving customer satisfaction. In this case, an important role is played by individuality. It can be manifested in the appearance...
Dell operates as one of the leading information technology corporations globally. The company uses high-performance, innovative technology and produces laptops, desktops, workstations, monitors, servers, storage, and various electronics (“Explore Dell Technologies,” n.d.). Dell implements a differentiated (segmented) marketing approach focusing on particular customers and their needs. Pride et al. (2019)...
Sourcing strategies in procurement involve connecting data collection, market research, spending Analysis, contracting, and negotiation. Even though the sourcing strategy’s main aim is to leverage a single, integrated system that enhances profitability, it is customized to meet the need of consumers. There are various current and upcoming trends in e-procurement...
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...
Introduction The global business environment of today demands that larger-scale businesses consider expanding their operations to maximize their efficiency and potential profits. In doing so, multiple challenges arise, forcing the management to analyze and reconsider their overall strategies. However, there are certain firms whose strategies have been exceptionally successful for...
Large corporations that create resources for human comfort and well-being rarely think about their actions on the environment. Environmental pollution is a severe problem, and the fight against it has been going on for decades. Corporations must be aware of their responsibility and understand how their activities are connected to...
Introduction A supply chain is a complete system that involves producing and delivering goods and services, starting from the initial stages of getting the raw materials from their sources to the final phases of providing the goods and services to the consumers. Factually, the supply chain encompasses all the aspects...
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...
John Deere is one of the most successful agricultural machinery companies in the world today. In 1963, the company became the world’s largest manufacturer and supplier of agricultural and industrial equipment (Korinek and Stiglitz, 2021). Globalization has significantly affected the company both negatively and positively. One of the significant adverse...
To understand how the organization works and how stable it is, one should consider its assessment using the concept of business continuity (BC). It includes evaluating how the business is resistant to various tensions and challenges, which are inevitable in all stages of business operation. The continuity plan shows how...
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 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 Quality is one of the priorities modern businesses concentrate on, trying to improve customer satisfaction and reduce costs at the same time. Total quality management (TQM) has been a framework for achieving this goal for decades, but new paradigms emerge and become widely utilized. The Six Sigma approach is...
