11072 samples of this type
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 For many years, communities have feigned the existence of numerous items that have been brought to life as sentient creatures. Robots were mythologized in classical antiquity, while Asian and Egyptian builders created automatons. Classical thinkers were among the first to attempt to describe the human mind as a sign...
Introduction A crisis is any event or action that can negatively affect the reputation of a business or undermine the credibility of the market, customers, and partners. A crisis manifests itself precisely when we are not expecting it and are unprepared for it. It is for this reason that the...
Summary Ashley Stewart was founded in 1991 and since then has become one of the most popular retailers of plus-size clothes. The target market of the company involves solely women wearing plus-size outfits. The brand focuses mostly on African American women, a segment that was almost free from competitors. The...
The development of communication strategy, both internal and external, is essential for a company’s productive and efficient functioning. In particular, for such a large enterprise as the Coca-Cola company that operates in multiple countries of the world and strives to ensure high-level corporate culture and social responsibility profile, adequate communication...
The Definition of Entrepreneurship and Entrepreneurial Skills Entrepreneurship is known as independent, related to risk activity that aims to systematically gain profit from property utilization, goods realization, rendering services, and order completion. Costin et al. (2018) define entrepreneurship as the ability of an individual to turn ideas into action; it...
Background I selected GRI reporting framework because, besides providing services, tools, and training, the framework also provides materiality assessment services. For example, companies may disclose their climate change effects to investors and customers using the GRI Standards. It is therefore a good concept to learn since it is useful in...
Introduction Entrepreneurship is the process by which a group or individuals exploit the market opportunity by substantially improving the services, method of productions, and improving the existing goods or bringing new products in the market. Entrepreneurship is defined as readiness and ability to run, develop and organize a business enterprise,...
Introduction The business-level strategy is primarily aimed at identifying and implementing the company’s long-term competitive system. The creation of the business strategy requires the determination of well-defined arrangements and solutions regarding the working process. The corporate-level strategy remains at the top of the strategic pyramid and manages all interdependent fields,...
When managing a restaurant, it is always important to plan the menu in a way which both has a set of staple items, as well as a share of dishes which can bring a sense of novelty. The restaurant in the case study has a challenge concerning customers who are...
Depending on the point of focus, the market strategies set and practiced within the large-scale food retailer firms might be categorized as outside-in and inside-out. Each of the categories maintains a set of its own benefits as well as disadvantages, which come from the management team prioritizing certain tools over...
Businesses can use various strategies to achieve their goals, and it is necessary to understand their pros and cons. In the beginning, it is necessary to explain what “inside-out” and “outside-in” strategies mean. Firstly, an “inside-out” approach implies using companies’ internal resources and competencies to gain shareholder value (Lagerstedt, 2014,...
Executive Summary The notion of sustainability has been discussed extensively in the context of global business recently, mostly due to the increase in the importance of environmentalism. An array of organizations have transitioned to the sustainable use of resources, shaping their manufacturing, supply chains, and the overall approach to performance...
Introduction American Multi-Cinema, Inc. (AMC) is the US-based movie theatre chain that was founded in 1920. With time, AMC acquired different other cinema theatres and became the largest organization in this industry. Today, AMC involves more than 2800 screens in more than 350 theatres in Europe, while these numbers are...
At the moment described in the case study, Playboy has certain pros and cons within the market. On the one side, the distribution of the adult magazine has grown wider due to publications sold in European and Asian countries. This practice has guaranteed high revenues for the firm and the...
Situation You are the finance manager in a long term care facility that is struggling to remain solvent. The facility’s administrator has hired a consultant to work with you to increase Medicaid reimbursement. The consultant recommends that you be more “liberal” in coding the severity of residents’ needs to justify...
History of Sweets Bakery & More Welcome to Sweets Bakery and Cafe, where we serve the best specialties. We have been a part of this incredible community since 1995, when we opened our doors to the public of Houston. Since then, we have been proving our allegiance to the community...
Introduction Personal branding has existed for decades, but it is more prominent than ever with social media. It can be defined as the process of using one’s information to provide a comprehensive narrative to entice others for various purposes (Jacobson, 2020). For instance, traditional celebrities may use social media to...
Introduction An individual’s attitude towards risk might be associated with endogenous variations for many motives. First, possession of financial assets infers hostility with risky verdicts new to the person. Second, creating risky decisions denotes ambiguity and might contribute to learning in a group framework. In regards to portfolio selection, this...
The current key sources of growth within worldwide hair care industries relies on the expansion of middle class clients. The U.S. is currently home to at least 84,000 establishments that provide hair care either through beauty salons or barber shops (Dun & Bradstreet, 2021). Though the industry is noticing continuous...
Maintaining job satisfaction in the workplace is well known to be one of the main factors in keeping a company running. Specifically, once employees are content, they tend to develop loyalty toward the company and perform with greater diligence (Siruri & Cheche, 2021). In turn, the environment in which staff...
However, there are five distinct but mutually related reasons why companies decide to enter foreign markets, which is intended to result in an increase in income. These motives are: to gain access to new customers, to achieve lower costs through economies of scale, experience, and increased purchasing power, to gain...
The Just-In-Time inventory approach, commonly referred to as JIT, has been adopted by a number of successful companies worldwide. It is a somewhat recent development in operations management that ensures labor, goods and raw materials arrive at the premises exactly when needed for the production process. For the purposes of...
Financial analysis is a process of evaluating the financial strengths and weaknesses of the company by establishing an efficient relationship between the financial statements’ items. As Ravinder and Anitha (2013) discuss in their article, knowing the operational efficiency “will enable the management to locate weak spots of the business and...
The performance evaluation method has become a subject of debate both in the scholar and business spheres. The process involves employees or managers preparing the reports for workers of higher rank, where they describe their achievements according to previously stated guidelines that correspond to the company’s objectives. As cited in...
Introduction The two crashes that involved the Boeing 737 Max plane led to investigations that showcased the shortcomings in the actions and operations of the Company. After the grounding of the jet, there are several; lessons that the organization was able to learn from the investigation carried out by the...
Introduction Spend Analysis – The Window into Strategic Sourcing, written by Pandit and Marmanis (2008), is an example of a well-written business book serving as a valuable source of information for parties involved in business management and strategic sourcing. As the title of the book implies, it contains a scholarly...
The entrepreneurial idea presented in this project is to create a multifunctional mug for travelers and hikers that combines the functions of the organizer for cosmetics and the several-layer cup functions. Several segments inside the cup will pour various beverages into it simultaneously into the divided sections. It might also...
Introduction The quality of the recruitment process closely relates to the overall performance of the company. If an HR manager succeeds in hiring professional, experienced, and well-educated employees, then, without a doubt, an organization will flourish. A hiring manager should develop an effective recruitment plan that is a strategy for...
Introduction: The Basis of the Project The business plan has: Information about the company, products; Calculations, prospects for the years; Further actions, methods to improve efficiency; Strategies for further promotion. The Business Plan Based on the Coffee Shop The coffee shop’s uniqueness is in: Aromatic tea and fragrant coffee; Freshly...
Introduction Military training and experience are systematically known for creating highly efficient, cohesive, and resilient organizations which is the national military and its units. In the post-9/11 era of regional conflicts and short-term deployments in global anti-terrorism efforts, veterans often find themselves entering the labor force, with the experience often...
Introduction Emirates Airlines also referred to as the Fly Emirates, is the largest airline company in the Middle East and the fourth largest globally. It is a subsidiary of the Emirates Group, with approximately 59,519 employees from 172 nationalities, and is owned by both the royal family in Dubai and...
Introduction Organizational development is an ongoing process intended to improve operations, attract new talent, and redesign existing models to meet the demands of all key stakeholders. Different theories and models have emerged that business leaders can utilize to improve performance. The Star Model is an outstanding tool that can guide...
Introduction Martha Stewart Living Omnimedia is a large enterprise that exists across various industries, including television broadcasting, publishing, household décor, and radio broadcasting. As a result of a series of socio-economic precedents of the company, the current SWOT analysis draft may be represented as follows: Table 1. SWOT Analysis Strengths...
A decision matrix is an invaluable tool for companies looking for ways to maximize efficiency and determine the ultimate improvement option which will deliver the most benefit. Yet, it can be applied in numerous other scenarios and situations (“What is a decision matrix,” n.d.). For instance, when a company is...
Close Evaluation of Different Business Plans Entering the world of business is not an easy task. The highs and lows are phenomenal, and they shape the success path and destiny of any venture, regardless of the size. A business plan is an integral tool to navigate the problems and risks...
Introduction A capital budget focuses on long-term organizational investment strategy, although it can be generated yearly. The primary functions of capital budgeting are expansion and replacement, following a successful analysis of market conditions and opportunities (O’Connell, 2019). Development can occur through the entry to a new geographical area or the...
The Coca-Cola Company is one of the most renowned brands in the world. The Coca-Cola brand is valued at $84 billion; the company controls 35% of the North American soft drink market and operates over 900 bottling plants worldwide (Gaille, 2021). Coca-Cola finished the 2020 fiscal year with $33 billion...
Target Market of Nine West An analysis of consumer behavior determines those customer market segments that can best be served by the firm. These segments are the target market. Target market can be defined as potential consumers to whom a product is marketed. Firms cannot meet all needs of all...
Introduction Strategy implementation entails the process of turning plans and strategies into actions to accomplish strategic goals and objectives. A strategic plan’s performance is more significant than the strategy itself, and many companies having strategic plans usually fail to implement them as required. Moreover, many businesses have a good plan...
The current situation of Microsoft on the market is defined by the presence of various competitors, which increase the risks for the business. The strongest of them are Google and Amazon, and their involvement in the development of software systems and cloud computing poses a threat to the company by...
Salesforces CRM is software that is designed to help managers organize their businesses efficiently. It is valuable because it uses the latest virtual advancements, like a cloud to connect all of its teams, leaders, and systematize customer data (Manchar & Chouhan, 2017). CRM stands for customer relationship management, and it...
Working capital demonstrates how much liquid asset is accessible to satisfy the short-term cash requirements obligatory by current liabilities in a business. The working capital assumes that current asset and current obligation are short-term concepts; thus, it is defined as a short-term concept. A working capital shows the efficiency and...
The Market The Australian biscuit market is facing rapid growth due to the changes in preference for snacks. Relevant sources have projected the consumer market of the Australian biscuits to rise to an average of $4 billion by the year 2025. The market recorded a 2.2% growth rate from 2010...
Introduction Entrepreneurial organizations are by far the most challenging to establish and sustain. This is because they are mainly grounded on the aspect of bringing new ideas into the market; ideas that may not readily be accepted by the consumers. Most entrepreneurial establishments face somewhat similar problems and it is...
For the restaurant industry, training, motivation, and performance of employees play a crucial part in the success of a business. This notion indicates the need for extensive attention to the initial steps taken by new hires, as their actions can have an immediate impact on an establishment. This essay aims...
Executive Summary Over the past decades, the world has changed dramatically, and the business realm has not been left behind. The scenario is exemplified in the article “Exploiting the Virtual Value Chain” by Rayport and Sviokla, published in 1995 in the Harvard Business Review. The authors argue that businesses nowadays...
Introduction Steve Jobs, the legendary innovator and founder of the Apple Corporation, spoke at Stanford University in 2005, and this was one of the businessman’s landmark speeches. Jobs addressed the graduating class with parting words and used non-standard methods of oratory by drawing on personal experiences and referring to individual...
An Accounting Information System (AIS) is a combination of the study of the norms of accounting and the design, execution, and supervision of information systems. AISs use new technological tools together with traditional accounting systems to give users the financial information required to run their firms. An AIS consists of...
The Qantas Airline of Australia is the most prominent airline in the country as far as fleet size, international flights, and worldwide destinations are concerned. It is also the 3rd oldest airline company in the industry after Avianca and the KLM. It was established in 1920, and its headquarters are...
The concepts of leadership and followership are closely related and interdependent. Even though most attention is traditionally paid to discussing leadership positions, one cannot have leaders without followers. In this regard, followership can be compared to a building’s foundation since the effects that followers have on a company are usually...
Talent management is a crucial principle in sustainable development of organizations. Different institutions apply varying strategies to ensure continued growth of their talent pool and fulfillment of their corporate social responsibilities within their market segment. In essence, much of these practices depend on multiple factors, including managerial skills alongside with...
Introduction Marketing, advertising, branding and marketing directors play a significant role in a business. These departments influence a business’ image to the public, accessibility of its products, brand image, customer loyalty, sales volumes and the products’ strength against competition. Depending with the size of a business and its budget, these...
Introduction The years 2020 and 2021 have been marked by the ongoing novel coronavirus pandemic that has had a profound impact on various spheres of human activities. Sports entities experience additional pressure due to the high necessity of financial stability combined with severe restrictions on such activities. This report focuses...
Opportunity cost is the foreseen estimation of the possibility of a decision being made unexpectedly. The idea communicates the essential connection between shortage and decision. Buchanan (2008) characterized opportunity cost as “the evaluation placed on the most highly valued of the rejected alternatives or opportunities.” When this essential connection between...
Executive Summary Zoom has emerged as one of the leading providers of video-conferencing services for various institutions around the world. The outbreak of the novel coronavirus provided this firm with a unique growth opportunity. Currently, it is considered the most preferred brand in the video-conferencing market, as shown in the...
Introduction Nowadays, it is apparent that many established organizations struggle to keep up to stay relevant in the market. On the other hand, less experienced executives continue to lead their teams to various successes in the industry. This happens mainly because of the company’s ability to adapt by being flexible...
Introduction The Social Security Administration (SSA) has unique structural and cultural organization attributes for being both a typical large federal agency and social welfare. While SSA plays a central role in serving millions of people with deserving cases, it has leadership challenges given that it is a top-down bureaucracy and...
Introduction Johnson & Johnson is a multinational corporation with dozens of brands producing mainly pharmaceutical and consumer health goods. The company was founded in 1886 by pharmacist Robert Wood Johnson and his two brothers (Reed, 2020). Eight years after its foundation, Johnson and his brother started the first line of...
One of the most difficult and expensive tasks that any business owner faces is finding new customers or retaining old ones. Many companies dedicate different parts of their marketing department on one of these functions. To retain customers that companies already have relationship marketing is used to attract repeat business...
Taza is a small chocolate-making company based in Sommerville, Massachusetts, which manufactures unique stoneground organic chocolate in the classic Mexican tradition. It has a staff of about 20 people and sources all its ingredients directly from certified organic growers, with whom the company maintains personal relationships. Taza distributes its products...
Expectations and Implications Ethical management allows business employees to feel comfortable and be productive at work. It also helps to avoid conflict situations and misunderstandings between the subordinates and superiors. An effective leader sets an example by behaving morally and encouraging other workers to do the same. This paper will...
The concept of conscious capitalism was developed by Mackey and Sisodia (2013) and signifies a socially responsible philosophy of economics and doing business. The critical idea of conscious capitalism is that, in pursuit of profit, businesses should still act ethically and should not neglect the needs of a company’s stakeholders....
Introduction A firm’s international business environment, commonly abbreviated as IBE, is a crucial multidimensional component of multinational corporations. It encompasses four major aspects: the socio-cultural, geographic, economic, technological, political environment of a company. According to Grgić (2020), the global business environment allows companies to expand their operations and increase their...
Any negotiating process, regardless of its participants, context, or goals, involves an interaction between the negotiators, which is manifested through communication. The statement “there can be no negotiation without communication” is particularly true due to the essential role of the communicational process in negotiations. Indeed, negotiating involves exchanging opinions, interests,...
Introduction Ernst & Young is an international firm that provides professional services to at least 140 nations for example the United Kingdom where it is headquartered, China, the United States, and South Africa; its major competitors include KPMG, PricewaterhouseCoopers (PwC), and Deloitte (Ey.com, 2011). Business line Ernst & Young provides...
For any employee, manager, entrepreneur, and administrator working in the field of business, understanding organizational behavior is essential. It helps to perform effectively at work, motivate subordinates, create meaningful relationships with coworkers, and represent the interest of the company. This factsheet will analyze three vital components of what organizational behavior...
As I studied international logistics, my knowledge base on the subject matter took a positive leap. I conceptualised in my mind how international logistics provides a framework for a cost effective flow of products and services to the customer in both the forward and reverse directions. Effective coordination and timely...
Introduction Firefly is a fast food restaurant located in Aqaba, Jordan. The casual environment blends its comfortable atmosphere with a menu of delicious burgers. In this case, the mission of the organization is to not only offer its visitors an unforgettable taste but also make the service as efficient and...
Marketing is one of the most critical undertakings all companies apply, regardless of their directions and sizes, to communicate and deliver value to customers in a way that benefits organizations. Because of the enormous number of competing companies in the global marketplace, marketers spare no effort in developing strategies that...
Introduction AICPA Code of Professional Conduct consists of rules, interpretations and ethical rulings and principles issued by American Institute of certified public accountant to govern ethical and professional responsibilities of CPA members. It is divided into, six unenforceable principles which express ideal ethical guidelines and form the framework for which...
What does “agency problem” mean? Agency problems are behavior issues that arise out of the formal separation of management and ownership of a professionally managed company such that they form the key determinant of the capital structure and the distribution of policy decision. In this case, shareholders are twisted by...
Reputation risk can be managed. However, reputation risk is the most difficult type of risk to manage. The image of an organisation is difficult to quantify and validate. However, every institution has its own image. Image comprise of how the firm is regarded by its internal and external publics. The...
Introduction Computer-based information systems are designed and maintained using these information systems (Jeffrey et al, 2005). The systems comprise application software’s which is used to support business and organization processes. The most used types of information systems are information technologies because they are responsible for assisting human beings to perform...
Explain McGregor’s Theory X and Y The approaches to managing organizational behavior are numerous and very diverse, yet most of them can be grouped according to specific criteria and categorized accordingly. McGregor’s Theory X and Theory Y, which are expected to explain the rationale behind leadership choices and the effects...
Enron was the second largest company in US history to be declared bankrupt. Recently, the Congressional committees have analyzed the company in order to establish the cause of its fall. Although the cause has not been determined with precision, some of the vital elements that caused its downfall are clear....
In the epoch of globalization, multinational corporations (MNCs) became powerful and international actors on the international stage. This position was achieved partly due to the practice of attracting external resources from third-world countries. Alongside globalization, in the modern world, global stratification is an immensely significant phenomenon that refers to the...
The primary external factor that was found to be affecting Chipotle Mexican Grill is the competition. David (2017) defines it as one of the most critical factors that have to be taken into consideration when discussing a business’s environment. Chipotle has to contend with both other fast-food locations, including ones...
Introduction The finance manager is the authoritative person who is responsible to look after the financial activities within an organization. Finance is considered the lifeblood of every business enterprise irrespective of the products and services produced by it. The financial capability and efficiency of concern are highly dependent upon the...
Introduction There are various scenarios that bring about ethical dilemmas within a contemporary business setting. The same is true in various levels of interactions in an organization. For example, the social and business interactions may lead to a number of ethical issues that need to be addressed. Each of these...
The companies’ leaders are expected not only to be the professionals in their area but also to have the necessary characteristics to solve difficult situations and make data-driven decisions. For example, recently, my manager was making a decision about which of two employees to promote. The first worker, Mary, was...
During chaotic situations, with numerous unknowns emerging, the proposition of coercing employees and pressuring them to conform to the leader’s vision may appear highly attractive. It would enable the team to work toward the same goal together as a unified body, at least temporarily, until the chaos passed. However, this...
OD (Organization Development) is mainly the practice and theory of planned, methodical change in the values, beliefs, and attitudes of the employees through creating and reinforcing long-term training programs. It is paramount to note that OD is action-oriented and it begins with a thorough organization-wide investigation of the current situation...
Medical organizations are complex institutions that need strong, collaborative, and comprehensive leadership; that is why I regard leadership training as highly important for health care professionals. Effective leadership skills play a central role in their ability to deliver high-quality care and improve both clinical outcomes and patients’ satisfaction. The purpose...
Introduction In modern conditions, the manager must think strategically, evaluate the impact of new technologies, changes in the needs and expectations of customers, efforts and costs necessary to stay ahead of competitors. Many external and internal factors that should be considered when planning the future. An important role in this...
Introduction A budget is a set of combined plans that describes the organizations forecasted future operations quantitatively. Budgets are often used by organizations as a yardstick to measure actual operations, allocate funds and also plan for future operations. Overtime, it has proved to be an excellent management tool since on...
Monopolistic competition and oligopoly are the two most common types of imperfectly competitive market structures. Since the average company has less market power than a monopoly and faces less harsh competition than implied by the perfect competition scenario, most industries fall under one of those models (Mankiw, 2020). Both cases...
Abstract The paper introduces global marketing as the means of channelling resources in the world market then examines the theoretical concepts and extensions on global marketing management. It then discusses the various kinds of management orientations and their differences in relation to global marketing. Then it goes ahead to discuss...
Introduction The variety and scopes of current marketplaces make it complicated for the companies to remain relevant to the market for a long time. It especially concerns the service sector, i.e., hotels and restaurants. The number of representatives on the market increases every day, so many companies fail to compete...
The historical birth of logistics management and the progress to its comprehensive frameworks has given transport the likely boost in its development. Thus, the links that exist has made them inseparable with very thin separation lines to distinguish their individual advancements. Tseng, Taylor & Yue (2005) explain that as high...
Businesses contain multiple processes that lead a product idea to its sale: strategical planning, development, manufacturing, delivery, and overall customer experience. The strategy development stage forces a company or an entrepreneur to study their niche, decide if the product’s concept is in demand, plan its realization, and forecast costs and...
Most entrepreneurs would desire to expand their businesses beyond their boundaries and across the world. The European Union is one of the bodies that govern international businesses. It is a multinational organization that regulates economic activities in Europe and countries that are a part of the European Union. Global expansion...
Compared to the company mentioned in the text, one of the best examples to oppose such demand elasticity might be Wal-Mart. The key reason for such comparison is the mogul retailer’s initial impact on smaller firms that get careworn under the influence of natural sales generated by Wal-Mart (Allgrunn &...
As part of the attempt to maximize the utilization of resources, companies have invested in research of methodologies of minimizing resource consumption while sustaining the level of output. Toyota was among the first companies to devise such a strategy. This paper will discuss the Toyota Production System and how it...
Summary Strategic management is an essential element of an organization that aims to analyze its external and internal factors affecting performance and sustainability. To thrive in a fast-paced business environment, corporations must understand different forces that influence production, financial growth, and societal cohesiveness. This essay delves into the specific processes...
Higher Professional Level Acknowledgment I am thankful to many of my colleagues and professors whose help led to the paper submission. I want to thank my tutor for recommendations, research support, and help in organizing the paper, and to the management staff of the organization, I am working with. Executive...
Introduction There are various forms of market structures which exist in various marketplaces. This essay explores the market configuration which exists in the UK supermarket industry. As such, markets are influenced by several economic factors such as income level, inflation rate, forex exchange ratio, and taxation. While discussion the investment...
Leaders should support the values and mission of their organisations to promote them and behave in a manner consistent with these objectives. Although some people believe that leadership is an inborn quality of an individual, I think that it is a combination of skill, knowledge and understanding of the fundamental...
Introduction Wegmans is a large family-owned company that sells groceries in 6 states (Ebert and Griffin 305). The total number of stores run under the supermarket chain accounts for 80 (Ebert and Griffin 305). The company has a long history; it was founded in 1915 and since that, has been...
The current breadth of Apple’s product line seems to be quite modest for the company of its size. However, it is important to keep in mind that Apple has to take extensive care of product quality, which explains the small range of product diversity. Nevertheless, there are ways for the...
Introduction According to Bryson (1995), strategic planning is the process of making choices. This process usually takes place when leaders need to be supported when making their goals international. This is a managerial tool that is used for the purpose of assisting the organization to perform better. In other words,...
The early 21st century is the time of deep-rooted concern about the unethical behavior of business leaders and business enterprises, in general. Admittedly, the lack of trust toward business in terms of ethical conduct was always an issue. Making money is the primary goal of any business enterprise stands in...
Contemporary marketing efforts of businesses require the creative use of multiple channels that will allow connecting with a consumer and delivering a message about the brand. Integrated marketing communication (IMC) is a combination of all communication channels available to the company and the use of them as an advertising method....
Introduction The goal of any organization is to ensure that its product reaches the consumers in time to increase its sales. There are various modes of transportation depending on several factors such as the type of product, consumers’ distance, and the agency of the product. The following discussion indulges in...
Comcast Corporation is a giant American entertainment, information, and telecommunications company based in Philadelphia, Pennsylvania. The firm focuses on creating incredible communication technology that connects millions of people worldwide while generating the most exciting and treasurable experiences. Comcast Corporation is known for using backward integration to gain a competitive advantage...
Iron Cycle of Growth Looking at the business cycle one is overcome by a feeling of despair that inevitable like the human body and like kingdoms there is the “iron cycle” of growth and then decay – an infallible law of Nature from which there seems to be no escape....
A manager is somebody who is responsible for leading a given group in realizing a company’s operational goals and the ultimate services/goods production. Management and the roles of a manager are interrelated and they define how an institution is run in regard to, staffing, operation, leadership, and planning among other...
Introduction The Fred Factor is the best-selling book and is written by Mark Sanborn, who is well known internationally as an author and speaker on team building and leadership. The book, in narrating the real story of Fred Shea, a postman, underlines the significance of being fervent about one’s life...
The Good-Better-Best (G-B-B) approach to pricing implies the focus on features offered by companies that they would value the most, which influences their willingness to pay for them. The more excellent the perceived value of an offering, the higher should be the price (Mohammaed, 2018). The strategy encourages firms to...
The study by Kavussanu Maria, Boardley Ian, Jutkiewicz, Natalia, Vincent Samantha and Ring Christopher addressed coaching efficiency and usefulness, and also examined the predictors and a comparison between the information on the trainers and the athletes. In the report, they addressed the concern on the increased research on the conceptual...
Research question Although there is no section of the research that clearly defines the research question, readers can easily gather from the introduction that the study sought to gain an understanding of resource-performance in resource and capabilities and how this contributes to effective performance, in this case, sales and distribution....
Weaknesses and Justification of Situational Leadership Hersey and Blanchard developed a theory that reflects how a leader should behave towards workers in relations to their different levels of maturity to the work. They argued that a high-maturity subordinate possesses both the confidence and ability to perform a task. Conversely, a...
Introduction Apple has been embroiled in issues related to the company’s ethical and social responsibilities. Recent reports about inefficiencies and suppliers’ non-compliance with the ethics and social responsibility code has raised a lot of public attention (Chen, 2013). While the media has been putting Apple on the spotlight, legal experts...
Introduction Looking for a new job can be a difficult and frustrating task. One should pay attention to a lot of moments that influence the choice. Considering a new position is a time-consuming mission. Everyone must be sure that he or she has not wasted time for vain thinking. All...
Introduction Team work is one of the most difficult types of work as absolutely different people with various preferences should collaborate and work together placing the interests of the group above personal ones. The main purpose of the paper is to identify the group dynamics that occur when working collaboratively...
Introduction The purpose of this paper is to prepare a comprehensive strategic plan for ‘new’ GM Company. However, this report will discuss the vision, mission, objectives of GM, Porter’s 5 Forces, the position of GM in the BCG matrix, the grand strategy matrix, generic strategies, and so on. Background of...
Many organizations around the world are shifting towards intelligent approaches to doing business. This follows the realization that knowledge is an important and invisible asset, which may be used, to achieve desired goals in an organization. The established Knowledge Management Systems (KMS) within an organization assist in key decision-making processes...
Introduction The Bulgarian market and economy have achieved a high level of stability in recent years, thanks to their good business policies put in place since 1998 to stabilize their currency (O’Brien & Christian, 2008). The country has been classified as a functioning market by the United States and the...
Urban Outfitters was founded and established in 1970 and is a company offering a mix of distinct merchandise incorporating music, contemporary art, and fashion (Heidi 150). They owe their success to their growing ability to be in a position to understand their customers as well as relate with them emotionally....
Creativity is a term that is used to refer to the general act of generating fresh ideas. Management of creativity implies that the ideas are managed to such an extent that they are put into application in a certain specific context and that they are able to bear fruit. The...
In the Alan Louis case study, the analysis of research data indicates a serious need for marketing. This is indicated by the fact that people who have received services from Alan Louis General and people who have never enjoyed their services have very different opinions of their services. The need...
The difference in Investment strategy between FedEx and UPS FedEx in comparison to UPS focuses more on operating independently. The management in all its companies is given the freedom to make independent decisions to deliver the best kind of service to its customers in their consequent markets. They, therefore, end...
The unique and innovative product selected for analysis is Apple iPod. This product marked a new era in technology and entertainment industry. This product appeared on the market in 2001, and since that time became one of the most popular media players competing with Microsoft’s MP3. Before the iPod, Apple...
Strengths The strengths of Li Ning are strong brand image and expert system, excellent web-site and customer support. Resource-based philosophy and innovations create new opportunities for market development and brand recognition. Customers’ loyalty can be achieved through the people who are employed by Li Ning. Innovations in technology and freezing...
Introduction One of the premier energy companies of the World is British Petroleum. “It is the fourth largest company in the whole World. In the energy sector BP is the third largest company of the World” (Bamberg, 2008). One of the most prolific companies of the world, BP has its...
Introduction The consumer decisions into whether to buy or not to buy a certain product are influenced by the products’ Country of Origin (COO). Researches have been conducted relating to country image perceptions as well as perceptions of consumers in different countries on products made in different countries (Fan, 2008)....
An Introduction to Google Google was founded in 1998 by couple of students from Stanford University. Like many other businesses, a need of an efficient search engine was felt and there was a gap in the market which lead to the foundation of Google. Initially the company started as a...
Introduction Whole foods market pioneered the industry of fresh produce and groceries before establishing a respectable market position that allows it consistent expansion. Given the company objectives targeting US$10 billion in gross revenue and an expansion program leading to more than 300 outlets in the US by the end of...
TOWS Matrix indicates threats opportunities, weaknesses, and, strengths and illustrate the scope of business to facilitate the external threats and opportunities comparing with internal weakness and strengths. As a market leader with brand value, innovative technology, FedEx enjoys its strength by modernization of services and capturing global market. Here high...
In the article “Organizational Change as a Process of Death, Dying, and Rebirth” (2003) by Deone Zell, the author presents and discusses the results of a study on the resistance to organizational change in professional bureaucracies. The study was conducted in the physics department of a public research university, in...
The Issue The critical issue facing Jimenez in trying to transport the solution which worked at the Wichita site to the Lubbock site is that the Lubbock plant is missing the charismatic leadership of a veteran like David Keller. Keller is an exceptional leader who is quick to seize an...
The business market consists of all the companies that purchase goods and services to reproduce them or generate other products or services that are sold, rented, or distributed to others. On the other hand, consumer markets are directed towards individuals and households. In light of this, business markets require separate...
As a Tem Leader, what could you do to help a multi-national team work more effectively than a domestic team? What major problems might occur and how might you best handle them? Cross cultural conversations have become the basic pillars of the global business success or failures. At workplace, it’s...
Organisational Change is vital for the success of any firm. Organisational change involves the repositioning of processes and systems of an organisation (Business definition for Organizational change 2009). Change at Boeing This case revolves around Boeing which is an airlines company. The company is going through a crisis because of...
Define and discuss Ford’s business-level strategy There are two basic business-level strategies which Ford Motor Company has followed for the whole period of its performance. The company started with realizing a low cost strategy, which allowed it to gain market share due to the lowest costs as compared with its...
In any organization – modern or contemporary – there are managers. These managers are the elements that keep the organization’s engine running. Therefore, these managers have functions that can be broadly described through the POLC model, which is planning, organizing, leading, and control. Every manager has to perform all these...
Problem Statement The Superior Slate Company experienced the drastic decrease of its productivity, and the company’s CEO Mr. North and superintendent Mr. Williams connect the issue with the formerly started technological modernization of the slate mill. For Superior Slate Company, technological modernization brought the results opposite to the expected ones....
Abstract The small businesses are normally faced with a lot of issues; taxation, labor, government regulators and unions, management and issues of environmental concern. Operation costs are increasing due to taxation while labor laws are always enforced by the government and unions into which they belong; these unions and government...
Introduction The most important reason why Cooper Industries was interested in Nicholson File is its pretty good market positioning. Nicholson File at the moment of acquisition holder a stunning 50% of the domestic market for files and rasps. It also had a lower, but still considerably strong positioning, of 9%...
In the business environment, motivation can be defined as the internal state that activates behavior and energizes individuals to goal-oriented behavior. It is a composition of design beliefs that directs these needs me to take action. Motivation can include things such as inspiration, encouragement, and support. Motivating factors are the...
Introduction Human resource management (HRM) is the logical and strategic approach to the management of the most important assets (the employees working there and contribute to the fulfillment of the business’s goals individually or collectively) of an agency or organization. The term personnel management has been substituted by the terms...
Introduction Several scholars have had their share of contributions to the field of strategic human resource management. They have tried to point out the different factors that play an important role in the ensuring of an efficient Human Resource Management strategy. Among those whose contributions have stood the test of...
Introduction Organizational restructuring may bring positive or negative impacts on the motivation of the members of the organization. Although changes of an organization may achieve cohesion among the members and increased morale due to a change in the culture, it may bring changes that are uncertain, and thus result in...
SABMiller has saturated the South African beer market. It has to find a way to increase their revenue in the global market and so decided to raise capital through the London Stock Exchange. When they did not succeed in attracting investors, the company made the mistake of acquiring the second...
Executive Summary A business plan is nothing but a bit of fiction with immense ideas. It offers an insight to investors before they venture into invest in any business.No doubt, the product should be not only have strong market demand but also have experienced management team. Any investor will ready...
Introduction The current climate in the business environment has become so competitive that organizations are now competing at a global level. Local markets have also become so strained, forcing companies to move beyond borders to seek opportunities. To survive in the globally competitive market, the organization should be well endowed...
Introduction This study refers to the market environment in foreign countries to promote teambuilding activities in order to implement a white water center in Montreat. Under this study, the market environment of a foreign country (Japan) is considered to analyze the potential market opportunities and threats. The following is detailed...
Introduction The Australian automotive industry is a small segment of global auto market with no players. There are four major foreign players Australian automotive industry with foreign giants. It has been regarded as an exposed industry due to the international competitive forces and the industry is a shrinking one. Toyota...
Introduction In the scant ten decades since employee relations evolved from productivity-increasing ‘time and motion’ studies to ‘strategic HR’, the role of human relations practitioners has changed many times. Welfare management came and went. This was followed by administration, negotiation with newly-assertive unions, legal compliance and organisational development, all roles...
A prisoners’ Dilemma is a situation where the parties involved are engaged in a non-cooperative game. As there is no negotiation and cooperation between the parties involved, the best option for the parties is to adopt a maximin strategy where they will be able to maximize their minimum gain. The...
