11340 samples of this type
Audit planning Audit planning is an important preparatory phase of an audit that includes several necessary processes. It will provide the possibility to develop strategies for dealing with issues identified, which will facilitate the task in the future. Moreover, planning includes the identification of specific audit procedures at each stage....
This post raises many excellent points regarding the marketing issues’ challenges. First, I would like to address the advertising of luxury products. Kotler and Keller (2016) highlight the importance of targeted branding and a selective approach to the luxury products’ industry image. However, labeling Macy’s as a high-end, luxurious brand...
Nowadays, Home Depot is recognized as one of the most popular store chains in home improvement goods. It has few strong competitors in the market, considering that the company is successful in designing its strategy to address five primary external factors in the industry. Overall, the analysis of Home Depot...
My personal definition of diversity is the unification of people from different cultures, ethnicities, religions, or any other distinctive backgrounds or criteria that results in cooperation and mutual benefit for all members of such a group. In my opinion, such a description should be utilized over the others because it...
Management skills are essential components of any group to accomplish organizational goals. The issue of SNHU Pet Supply Company affects team members and decreases the overall motivation and collective spirit. Managers send out detailed lists of tasks weekly, making employees stressed, as team members should explain any task deviations. Some...
Introduction The selected article titled “How did Johnson and Johnson’s corporate responsibility policy pay off in 1982?” was written by the Investopedia team. This article discusses corporate social responsibility using the example of the Johnson & Johnson 1982 Act (Investopedia Team, 2022). The company’s decision to withdraw Tylenol due to...
Introduction Every business holder, at some point, faces the challenge of fostering innovation for subsequent growth. Although the innovation process is different in various industries, the academic community suggests some strategies that are considered generally useful. Discussion Brimhall and Mor Barak assume that a climate for the inclusion of employees...
The position that seems to be the most rational and acceptable in marketing is a reflection of the needs, wants, and desires of consumers. As a rule, lack generates an individual need, which, supported by income, is expressed in demand, and it, in turn, is satisfied by exchanging money for...
Operations management is a practice that implies the control of the production of goods or services. Namely, researchers define the concept as the field correlating with organizational planning, quality control, inventory management, scheduling, and managing purchases (Wolniak, 2020). A potential critique can be exemplified as the complexity of the field,...
Introduction In the 21st century, people increasingly use terms like collaboration and teamwork. Any team needs a leader to perform certain tasks smoothly and well. A servant leader focuses on the comfort and needs of the employees who are part of his team. Key Findings A servant leader must have...
It is hard to disagree that the importance and value of Occupational Health and Safety (OHS) cannot be overestimated. OHS allows for improved employee productivity, reduced workplace illnesses and injuries, retained workers, and numerous other advantages. Schools are no exception because educators and students need to be aware of the...
The general education school is the most important social institution, reflecting the state and trends of development of society, and influencing the society itself. The configurations occurring in society under the conditions of its socio-cultural transformation set the direction of the configurations of the school learning process. It is essential...
As one of the most renowned and fastest expanding businesses in the world, Starbucks was founded in Seattle in 1971. Starbucks began the twenty-first century to enhance shareholder value, increasing margins by strengthening its presence in established markets and raising the quality of employee benefits and working conditions. Starbucks is...
Introduction In the current epoch of unprecedented rivalry emerging from the outstanding variety as well as availability of goods and services, quality is among the most important parameters that enable firms to outcompete the other. Quality management, therefore, has become one of the focuses of strategic planning; a variety of...
A competitive advantage in the context of procurement by an organization such as McDonald’s refers to its ability to offer customers quality goods or products with more value relative to competitors. Overall, a competitive advantage is built over time and involves complex contributions from different departments in an organization. An...
Background Ford Motor Company is a world-class motor selling company whose leading brands are commercial vehicles and luxury vehicles under the Ford and Lincoln brands. The company has employed Ford Motor Company and has supplied cars for a long time since its creation by Henry Ford in 1903. The company’s...
Introduction Global warming is an environmental issue that has become a concern of every business. Environmental degradation and the use of chemicals that produce ozone gases contribute to global warming. Corporations produce everything that human beings consume and greatly contribute to global warming. Energy companies are the greatest contributors to...
Introduction Evergreen Marine (UK) Limited Company is a subsidiary corporation of the renowned Evergreen Group. The firm began its official operation in 1979 under the UK flag container having its headquarters located in London. It offers shipping, leisure, and aviation services across different destinations with approximately 600 employees. The report...
The article “Internal Customer in the Management of Sports and Recreation Company” by Widawska-Stanisz (2021) was published in the source called the Journal of Physical Education and Sport. In this work, the researcher seeks to find a relationship between the activity of sports sector employees who are internal customers with...
Introduction Health is a priority for millions worldwide; thus, businesses assisting people in maintaining their best physical and mental shape are in demand. Furthermore, the COVID-19 pandemic made well-being socially valuable, enabling tech, food, and consumer brands to switch toward promoting a healthy lifestyle (Mehta, Saxena and Purohit, 2020). Such...
Introduction The UK-based Tesco is a grocery and general merchandise multinational retailer organization with its headquarters located in Hertfordshire, England. Besides being the 15th most valuable retail brand globally, Tesco is also among the most valuable brands in the UK. Additionally, Tesco is the leading grocery retailer in the United...
The concept of purchasing behavior has evolved over the years and is paramount in forming marketing strategies. Day by day, human needs are growing, and this trend is invincible. The consumer behavior analysis is complex, especially in the luxury car-buying industry, which concerns a high social and psychological involvement. Its...
The restaurant business is one of the constantly developing areas, and in many directions at once. However, it should be noted that only recently cafes and canteens have begun to actively introduce innovative technologies in order to modernize their production. The most important impetus and event for this was the...
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 A deeper understanding of the individual an organization is trying to reach is required for personalization and segmentation. It is the breadth and scope of that knowledge, as well as how it is put to use, that makes all the difference. Also known as one-to-one or individualized marketing, personalized...
Brief History Like nearly all merchants, Wawa felt the pain of limited consumer spending as the financial crisis of 2008 progressed. Companies were actively copying Wawa’s products in reaction to the recession. Faster pumps with shorter lines and did not charge credit card fees became increasingly prevalent. Stoeckel summoned top...
It is hard to disagree that successful and effective leaders should possess specific qualities and skills that may help them in decision-making, creativity, and other business processes. One of the main components of leadership and management is emotional intelligence (EI), which distinguishes a real leader from ordinary staff members with...
Over the course of its performance, Nokia has proven itself to be a reliable and innovative organization. Currently, Nokia is in a rather harsh environment, mostly due to the need to compete against highly proficient companies that have already established themselves and captured the target market. Therefore, the current organizational...
Social Entrepreneurship Definition Social entrepreneurship is a unique phenomenon aimed at addressing social issues that influence the lives of individuals. The significance of this issue results in the emergence of numerous definitions. One of the most relevant ones views it as offering innovative solutions to the most important social problems....
The concept of corporate social responsibility (CSR) suggests that the company voluntarily assumes additional obligations to society. That is, it not produces high-quality and safe products, but also invests additionally in its employees, the environment, and the territory of its presence. In addition to the fact that the company must...
Accenture is an internationally established organization that serves various consumers. As a result, it adopts unique marketing strategies to ensure that its consumers find value and benefit from its marketing strategies. However, given the complexity of its business, the organization must continuously evaluate its marketing strategies to ensure that they...
Overview of “Can Ethical Leadership Improve Employees’ Well-Being at Work” by Fu, Jingtao Fu, Yijing Long, Qi He, and Yazhen Liu Change may be described as a practice that alters the course of past or evolution and can affect an institution’s culture or effectiveness. Achievement in transition is determined by...
Introduction Amazon is a giant online retailer that sells everything from books to electronics and clothing. Moreover, the company is a significant provider of cloud services. Given its size and scope, the organization has one of the most complex supply chains. One of the biggest challenges Amazon faces is managing...
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 Inadequate leadership in 4th Armored Brigade Combat Team (ABCT) has compromised the safety of service members and created conditions that do not allow them to properly recuperate. Unable to receive help from the senior officer, lower-ranking officers have to deal with overstressed subordinates, dissatisfaction, and even unlawful behavior, whereas...
Introduction Leadership is required in all spheres where some people bear more responsibility to lead others. The choice of a specific behavioral model depends on the context and what qualities and skills a leader and subordinates have. I decided to interview a priest from a local church via Zoom to...
Those organizational leaders who act as designers perhaps have more responsibilities than those who prefer teacher and steward styles. They simultaneously have to perform as restorers and builders of organizational structure and culture and philosophers and creators of guiding ideas and vision (Senge, 2006). During my work experience, there have...
Introduction Lakeforest Mall was opened in 1978 with four major anchor stores. It was inclined with ample parking ground and many major inline tenants. Retailers were competing to get a space in the Mall, which made it the pride of Montgomery country. However, four decades down, the Mall’s presence had...
Life’s Abundance is a multi-level marketing type of company located in the United States which focuses on selling healthy dog food (WoofWhiskers). As it is a MLM company, it majorly relies on two aspects: proper communication among the selling parties and successful representation of the distributed product to the targeted...
Mitsubishi corporation There are various motor vehicle manufacturing companies, thus creating great competition. This calls for involved organizations to create better and innovative strategies to compete in the market. Mitsubishi Motors Corporation is one of the senior automobile manufacturers in Japan, with its headquarters in Minato, Tokyo, Japan (Bhasin, 2017)....
Products The Canadian Moose Hat Company has manufactured winter hats for almost a hundred years, especially for skiers and people who go camping or hiking during the cold winter. Most hats are designed and sold to men and women aged eighteen years and above, and men represent the highest sales....
Executive Summary Countries and islands along the Pacific coast face numerous challenges in the shipping industry due to social, technological, climatic, and economic factors. Significant factors affecting the industry include capacity constraints, the smallness of the islands, economic instability, distance from large markets, and effects of climate change. This paper...
Introduction Background The concept of leadership has attracted the attention of scholars for the past several decades. According to Tevik and Lange (2020), the socio-economic and political changes that have been witnessed around the world have redefined the leadership styles that companies use. In the past, it was common for...
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...
A PESTEL analysis, which examines the conditions of an industry’s external environment, was performed on U.S. smartphone industry. The analysis revealed that this industry has strong governmental involvement and economic influence. There are U.S. agencies that exist just to protect consumers from unfair or fraudulent businesses, and to regulate the...
Introduction Human resource management has been a concern for many enterprises globally since it helps the leadership within the organization determine the importance of having an identifiable number of employees. Businesses determine the need for having a specific number of employees by identifying every worker’s contribution to the final business...
Introduction An assessment of the company’s performance is needed to understand whether or not the management in place has been effective. This can be determined by checking how much market share the firm currently has in comparison to the past. Market share can be computed as a percentage of sales...
Hubble has evolved from a simple startup to a promising brand in the contact lenses industry. In its initial years of inception, the company generated more than $20 million in annual sales (Avery & Israeli, 2018). Hubble’s growth has been attributed to its social media strategy, enabling the company to...
Introduction The Body Shop International is a multinational firm that specializes in cosmetics and body fashion. Anita Roddick established the company in the year 1976. Shampoos, bath products, soaps, and other beauty-related accessories are the company’s core focus. All of the company’s products are made completely of natural materials and...
Good leadership is a crucial skill that is always needed to make a difference. It has the capability of increasing an organization’s profitability well as positively impacting the lives of numerous individuals. Therefore, learning more about leadership makes a difference in individuals’ lives and helps them to impact other people’s...
Introduction Copperbelt Energy Corporation PLC (CEC) is an energy company that produces, transmits, distributes, and sells electricity. The company generates electricity from water, solar, gas, and heat sources and sends it through a network of transmission lines, high voltage substations, and control centers. We are also investing in infrastructure development...
Introduction A team is two or more people who work together to achieve a common objective. Moreover, a team might be formed for long-term cooperation or only meet for a few hours and complete a small task. From this perspective, group dynamics refer to how individual team members’ duties and...
Introduction A business report is a formal document designed to guide managers and policy-makers in organizations toward making informed decisions. As a result, business reports rely heavily on factual data and research resources to analyze concepts and provide practical recommendations to improve organizational processes. On that account, it is critical...
Businesses undergo different changes when it comes to their operations and management. Changes in operations and strategies are the very known modes of change emerging from natural occurrences such as climate and weather while some are from economical enforcement. While there are different stakeholders in effecting changes, the key determinants...
Introduction Effective leadership includes achieving the organization’s goal and setting its tone and culture, planning and implementing strategies, acquiring resources, and recognizing and resolving conflicts (Fatien & Nizet, 2019). Leaders build employees’ strengths, talents and nature dedicated teams for a mutual benefit. Companies and other institutions all around the world...
Clorox’s Present Situation The present situation of Clorox is financially sound and unpromising at the same time. Clorox recorded sales of around $4.1 billion and $394 million in net earnings in June 2000 (Narayandas and Wagonfeld 3). Ultimately, Kingsford represented a large product group within the portfolio of Clorox. Charcoal...
Introduction and Organizational Structure The Toyota Motor Corporation is one of the largest and most famous car manufacturers in the world. Toyota is a worldwide firm with over seventy distribution hubs and fifty production units. The worldwide firm’s goods and services include specialty steel, auto parts, ship engines, medicines, property...
Introduction Vans was founded in 1966 by Paul Van Doren and his brother James. Initially, the company aimed to make long-lasting, washable, and cost-effective shoes in south California (Moon & Kiron, 2002). The firm made sales directly to clients and operated retail stores. Vans product promotion was through giving out...
The airline market in Australia has a monopolistic market structure. Monopolistic market structures are made up of a few enterprises that operate in a comparable market and provide similar but differentiated items to a large number of clients (Bertoletti & Etro, 2017). They set their prices depending on their market...
Introduction The case raises ethical concerns, particularly considering that the world is in the twenty-first century, where individuals have the right to express their ideas and thoughts. Abercrombie and Fitch organization (A&F) has evolved over the years to remain lucrative and competitive. The corporation’s market segmentation techniques are one-of-a-kind, and...
Nowadays, with the tempo of life constantly increasing, many people tend to feel frustration and disappointment at a workplace if the goals they envisaged cannot be fulfilled in a short time. People increasingly feel as if they are owned something and the inability to get this breeds envy and resentment...
Businesses are a cornerstone of localized communities in a challenging socio-economic situation. The restaurant business promotes regional employment development, benefits local farmers as their agricultural products are purchased, and retains customer money in the neighborhood. This is a business plan for a restaurant preparing and serving meals and beverages to...
Introduction Over the last decades, the issue of ethical business performance has been widely discussed among individuals highlighting the importance of including moral actions, respect, and trust in everyday life of corporations. Whilst some firms keep performing in an aggressive manner, being focused on goal achievement, other companies develop their...
Introduction The rate at which HP’s revenue was from 15.3% to $16.4 billion made the HP Company; Hewlett-Packard, recognized as one of the best in that industry when John Young was the manager. By 1992, the company was ranked the best in office and computer equipment compared to apple, DEC,...
Product Description The product is a face mask that encloses the nose and mouth. The respiratory gear is a half-mask as it will provide cover from high up the nose to below the chin (Matuschek et al. 183). The product has a filtering facepiece that shields the customer and the...
Caterpillar Inc.’s Short Term and Long-Term Goals Caterpillar Incorporation Group acts like any other blooming firm and adopts short and long-term objectives to steer its advancement. Caterpillar’s long-term objective is economic prosperity, which will enable the firm to put more money into new goods and services while maintaining its worldwide...
Argument The thesis argument of this persuasive essay will be that, despite some people’s opposite opinion, business administration is truly one of the most interesting, promising, and best majors for young students. Having experience studying in business administration course, it will be easier to present qualitative judgment about the strengths...
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...
Executive Summary The proposed business is named YA.SI.GA.MO.MA.GE, a name that shows the strong bonds between family members. Following the passion for decoration, the company will be established to offer interior decoration services. Although the sole proprietor has the knowledge and motivation required to start off, they need capital, which...
Introduction The history of General Motors (GM) is characterized by periods of growth, stagnation, bankruptcy, and renewal. Between 2000 and 2014, GM encountered one of its worst moments when several recalls were reported. The corporation recorded unprecedented losses that set the stage for it to become bankrupt. The absence of...
Battling employee turnover has become challenging for Advanced Photonics, Inc. (API) due to the increasing competition from start-up companies that foster innovation and attract industry giants’ risk-seeking employees. The case of Suzanne Chalmers is indicative of the company’s mixed success in producing staff retention strategies that would consider leaving intentions...
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...
Detroit Fire Department is claimed to be one of the most passionate department about helping the community with the highest safety level possible. Workers from this department often teach and train firefighters that came from other states, such as China or the European countries. Detroit department applies modern technology in...
Introduction OneEarth will operate as a sole proprietorship offering landscaping services to suburban communities in Oregon. The sales strategy will entail initial personal selling to create brand awareness and elicit referrals. Later, media advertisements will be used to market the business beyond Oregon. OneEarth will achieve a strong competitive position...
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...
Martha Stewart Living Omnimedia offers consumers a variety of products and services in publishing, Internet, broadcasting media platforms, and merchandising product lines. With a global multimedia reach of around 100 million a month, MSLO still does not have a significant online presence. The company’s main focus continues to be selling...
Fixed vs. Variable Costs A company incurs costs during the production of its products. The costs that go into a product can be classified as either fixed or variable. Fixed costs are expenses that do not change over a period of time, irrespective of the volume of the output. Examples...
Motion Sensors Market Motion sensors have become an inseparable part of modern technical devices. Such sensors are used widely in smartphones, smart wearables, virtual reality devices, and even autonomous vehicles. Therefore the market is significantly technology-dependent and higher perspective. Smart devices and electric cars may represent the present and the...
Overview of an Article Written by Valentinov and Pérez-Valls in 2021, A conception of moral wayfinding for business managers is an article that explores current business ethics in management and the possibility of enhancing organizational learning and guidance. The researchers define the primary moral obligation of managers as running “corporations...
The United States is pursuing an active government policy to regulate and stimulate entrepreneurship. In 2003, a new presidential program to support small businesses was adopted, designed to give additional impetus to developing this vital segment of the civil and military economy (America’s Small Business Development Center, 2020). Many small...
Summary Mr. Rogers was the epitome of a servant leader, focusing on the growth and development of his community and nation. He demonstrated many core qualities of a servant leader, such as listening, empathy, awareness, and stewardship, encouraging others to do the same to improve their respective communities, workplaces, or...
Consumer behavior, as well as factors influencing purchasing decisions, is what the marketing strategy of most companies is based on. The purchasing decision-making process includes several stages: problem recognition, information search, alternative evaluation, actual purchase decision, and post-purchase behavior (Qazzafi, 2019). The first stage, problem recognition, begins with the buyer’s...
Project cost and funding mix According to the S.C. Roşia Montană Gold Corporation S.A (n.d.), the principal company shareholders are the state-owned mining company Compania Naţională a Cuprului, Aurului şi Fierului “MINVEST” S.A. Deva (former Regia Autonomă a Cuprului Deva, until 1998), with 19.31%, Gabriel Resources Ltd. based in Canada,...
The basis of a successful business: is one idea, great enthusiasm, and initial capital. When I start my own business, I have to be aware that this is a risk. One of the most critical keys to launching my project is getting sufficient funding for development. It is not easy...
Introduction The type of organizational structure is an important element of the overall functioning of a company due to the dependence of job design and the achievement of company goals through the structural connections between employees. At McDonald’s, the hierarchical structure of the organization fits the company’s goals and mission...
Introduction Wells Fargo is one of the banking institutions in the U.S that faces significant ethical issues due to its distinctive practices. Over the decades, the company faced various lawsuits and scandals concerning customer relationships and breaches of their trust. A violation of clients’ rights in producers’ and consumers’ settings...
The continuous flow process type model is the most commonly used model to measure the capacity of firms in diamond value chain stages. The model allows for examining how much service a firm can produce given its resources and the demand. This information is important for assessing a firm’s potential...
Introduction Decision-making methods in business, as in any other industry, are a multi-criteria task, often requiring preliminary and subsequent assessment of all possible options. The complexity of each case is determined by many factors that must be considered in the proposed solution. An incorrectly made decision can lead to various...
Background Ethical dilemmas constantly occur in organizations and workplaces regardless of the industry and the size of an organization. They may differ significantly in terms of values, which are in conflict, or parties, which are at stake. Therefore, it may be essential to introduce a comprehensive approach to the decision-making...
Introduction A data-driven integrated communication strategy for CrossHelmet’s Kickstarter campaign would increase brand awareness, generate more sales, and differentiate the company from competitor smart helmets. In this paper, a yearlong promotional drive is developed for CrossHelmet based on the analysis of the product, characteristics of the most likely customers, and...
Tesla is a unique company in many ways, and this uniqueness also extends to its organizational culture. In particular, Tesla, unlike most companies of its size, does not have a well-known management structure. There is no organizational structure or a public list of senior executives; however, the organizational structure of...
Doing business with an individual from the USA differs significantly from an Asian customer. The varying nature of countries and regions propagates diverse cultural norms. Businesspeople should consider these aspects when conducting intercultural commerce. The world is getting increasingly connected with individuals exhibiting cultural differences. Our response to cultural variations...
Introduction Servant leadership is a vital concept that every person aspiring to be a captain should strive to practice for their followers. This notion is profoundly portrayed in case 8.2: St. John the Compassionate Mission. The concept depicts how organizational culture and managerial tactics can be used to develop and...
Introduction Career interventions take various forms, such as career assessment, counseling, and group counseling, among others. Essentially, career interventions enable a) an individual to understand their interests and personalities, b) integrate occupational and personal knowledge in true reasoning to achieve a significant career decision, and c) acquire vocational information. Purpose...
Targeted advertising is based on many techniques and means, and it would be wrong to say that all of them are acceptable by definition. The pursuit of profit pushes manufacturers to target uninformed customers. Such a marketing strategy is unethical and cannot be justified by any goals and circumstances. Targeted...
H&M is an international fast-fashion company with Swedish origins and is the second-largest global clothing retailer. The brand operates through direct distribution in chain stores and online with solid recognition and various campaigns (Bini and Bellucci, 2020). Their operation strategy allows them to produce goods at affordable prices and address...
The most challenging SWOT categories are usually categories of threats and opportunities. On the one hand, people are often aware of the threats, because they naturally focus their attention on potential risks more than on the positive aspects (Capacity Consulting, 2018). On the other hand, it is necessary to look...
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...
Background Communication skills are generally regarded as some of the most valuable competencies for a leader. They help the leader persuade their followers to align with their vision and follow their directions toward the achievement of organizational goals. The successful superior’s ability to inspire and motivate their workers depends on...
Introduction Supply chains consist of all the activities aimed toward delivering a service or a good to the customer. It is a complex process since it involves many different activities, from delivering the raw materials to the manufacturer to making sure the buyer receives the finished product. Since so many...
Introduction This paper provides a comparison between strategical analysis results, MOP practices, and organizational structures implemented within the companies TESLA and Ritz Carlton. It observes the way the differences between industry requirements for a civil engineering production-based firm and a service sector firm affect the KPI interpretations within the businesses....
Abstract LVMH Group is one of the largest corporations globally, specializing in the production and distribution of fashion and leather goods, wine and spirits, beauty products, and jewelery. The corporation makes billions in profits annually, making its Chief Executive Officer (CEO) one of the wealthiest men alive. The following paper...
EBay’s original business model vs. its current business model In fact, eBay initially began running its business model based on the pure auction principle. At that time, bringing such a process to the internet was an absolute novelty with its benefits and drawbacks. On the one hand, people have lost...
Organizational communication is devoted to managing the communication within the organization. Any structure in which communication should be regulated has the chief elements accumulating power. According to the theory, power is an inevitable element of organizational communication (Nicotera, 2020). Controlling the organizational culture, power adjusts the contact in the required...
Abstract Accounting and finance are critical elements in the efficient management of a company. The information gathered from accounting analysis helps a company or an organization make day-to-day decisions. This study’s objective is to determine how effective accounting and finance are in eradicating or reducing risks from a company’s operations....
In the present day, staff shortage may be regarded as a real issue experienced by a substantial number of companies. It goes without saying that this problem has a highly negative impact on the organization’s performance and development in the future and should be solved in a time-sensitive manner. Thus,...
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,...
Abstract Infortrack is a start-up company specializing in eCommerce and parcel delivery. The company operates on stand-alone offices distributed in London, Liverpool, Manchester, Bristol, and Chester. The different pickup stations use different data analysis applications such as Microsoft Excel, Statistical Package for Social Sciences (SPSS), and WorkBooks to capture and...
The definition of ethics can be broad and vague because of the variety of elements it includes. However, according to the Project Management Institute (2017), ethics contains the values of honesty, fairness, responsibility, and respect, which promotes ethical decisions for professionals. These values are beneficial to the company, clients, and...
Goals are the everyday aspects of the decision-making process that gives an individual or a business that sense of clarity, concentration, motivation, and direction in the goals set. Through establishing smart goals, a person or a company get an opportunity to create a specific target that has to be aimed...
The process of new product development has eight major stages and starts from idea generation. It involves a systematic search for ideas about new products, which is carried out mainly on the basis of internal sources of the organization. Then comes the idea screening: an analysis of all the ideas...
There are various reasons why conflicts occur in organizations. Moreover, conflicts take place on different levels based on the core of the problem that needs to be addressed. One source may be a lack of proper communication where two or more parties cannot adequately discuss and engage in effective dialogue....
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...
The conceptualization of Nike as a company dates back to the year 1962 when its founders, Bill Bowerman and Phil Knight, where it was motivated by the notion that there was a market gap for sports shoes. Its initial name was Blue Ribbon Sports, whereby its desired goal was to...
Taza Chocolate Chocolate is one of the mainstays for American customers and comes in different forms. The country has numerous companies that make chocolate and its derived products with a broad range of stores vending such brands. Taza is one of the American-based enterprises that concentrate on the manufacture of...
Strategic planning has a significant role to play in non-profit organizations. It helps to anticipate and skillfully manage changes and effectively address problems that may arise (Poister, 2010). Bryson (2018) defines it as a set of concepts, processes, and tools for determining what an organization does and why it engages...
Introduction Some companies try to show that they are more helpful and caring than others in the modern world. Although there are such brands in certain cases, there are also those that hide their businesses’ unpleasant but significant sides to keep successfully operating. One such example is the case of...
Issues Prevalent In Influencing Starbucks’ Future Internationalisation Agenda The main driver of growth within the retail coffee sector is domestic and international expansion. The majority of stakeholders in this industry rely on company-operated outlets as the main distribution points, which have to be located in high-traffic areas (Glowik, 2017). Furthermore,...
Due to the COVID-19 pandemic and consequent regulations to reduce its spread, many countries have had to implement restrictive measures on people’s freedom of mobility. One of such measures includes regulations and recommendations that aim at reducing the number of people who physically attend their workplaces. In other words, governments...
Samantha Gerson is a twenty-six-year-old founder and CEO of UnBroken, which is a non-profit organization offering legal, vocational, and therapeutic services to individuals who survived institutional abuse and conversion therapy. The importance of Gerson’s current entrepreneurship lies in servicing as many young people as possible and offering innovative research on...
Dyson Limited is an enterprise that specializes in technology-related services and products. In 1978, James Dyson, the founder of the company, was inspired to develop efficient and reliable vacuum cleaners after using one which proved to be ineffective after a short period. However, it was not until 1991 that he...
Introduction Cost leadership techniques are helpful in consistent and reliable conditions. To achieve this, the Amazon Company has effectively implemented processes to lower employees’ costs and reduce expenses through lower-cost raw materials, manufacturing processes, and dissemination. Differentiation strategies might include trademark, innovation, service quality, distribution channel, and other factors (Kurt...
Introduction The newspaper industry has existed since the 16th century and has evolved with time. Newspapers began by being the most accessible and affordable source of news back in the days. However, the digitization of news has changed the world of the newspaper today. Observer Centric Company covers local news...
In its simple description, indirect price discrimination, also known as second-degree price discrimination, implies charging a different price for different quantities such as giving customers quantity discounts for bulk buying. In this case, prices differ depending on the number of goods bought rather than across consumers (Hanna & Dodge, 2017)....
Introduction In the field of business, communication is an integral process that defines how information is gathered, analyzed, and delivered. An individual has to be ready to work hard to achieve a number of goals. Some of the most crucial tasks are to make sure that enough skills are defined...
Introduction A variety of similar patterns can be observed across the large-scale companies in the modern business environment, particularly in the area of budgeting and organizational financing. Provided the companies are operating within the same economy and industry, they are subjected to an identical set of laws and regulations, as...
Executive Summary The paper is a business environment audit report that examines the marketing strategy for Great Leap Brewing to enter the draft beer market in Russia. The work includes considering key aspects, including situation analysis and marketing objectives, aimed at assessing the company’s development potential within a new market....
Introduction Recently, there has been a sound discussion regarding Gillette’s new advertising campaign. A plethora of posts, opinions, and articles that define this campaign as an insignificant action within the scope of the company’s corporate social responsibility (CSR) appeared. Then, there is a visible issue with the firm’s strategic change....
Leadership has become an essential topic for discussion and research in the era of globalization and society’s economic transformation. Some scholars equate leadership with management, others oppose these two concepts. They are undoubtedly connected; however, there are evident differences between them. Moreover, various qualities of a good leader are mentioned...
Introduction Today, the ability to solve business problems, conflicts between employees to maintain the team spirit within the team is an essential part of the functioning of the business. According to Minda, “thinking is so central to the human experience that it has been described as the essence of being”...
Introduction A sustainable supply chain is a core of a long-term planning process for any business that strives in the contemporary economic system. It is particularly applicable to the spheres that are directly connected with natural resources that have a tendency to exhaust. Vegetable production is one of such sectors,...
Southwest Airlines is one of the United States’ significant airlines. The airline is the world’s largest low-cost carrier airline and has its headquarter located in Dallas, Texas. The carrier has 111 scheduled service destinations in the U.S. and other countries. This section of the paper seeks to evaluate the organizational...
Blue Nile is the online retailer of diamond rings in the US. Mission Blue Nile’s mission statement is to improve customers’ shopping experience by offering consumers high-quality jewelry and education so that customers can make informed, confident decisions. Most people are discouraged by the traditional jewelry shopping experience; the company’s...
Target Corporation is the eighth largest American retail corporation with stores in all 50 U.S. states and the District of Columbia. The CEO of the corporation is Brian Cornell, who is in charge of Target’s 1900 U.S. stores, various properties, and more than 350,000 workers (Target, 2021). The company is...
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...
Marketing is a fundamental component that contributes most to the development and extension of business regardless of its size, whether large, medium, or small. Thus, market analysis is needed to recognize the purchaser’s behavior and market conditions to adapt valuable insights on the market trends upon further business development (Clarke,...
In logistics, time, place, and space utility present the concepts that determine the choice of transportation modes. Time utility refers to the availability of the products when they are demanded by customers (Lecture 9, slide 8). Place utility is understood as moving products from the locations with lower value to...
Summary GBMC HealthCare System received the Baldrige National Quality Award in the healthcare sector for its superior service and achievements combined with success in the market. Greater Baltimore Medical Center (GBMC) is located in Baltimore, Maryland, and provides high-quality care for patients since 1965 (GBMC, 2021). The facility’s campuses and...
United Airlines is one of the largest airline carriers in the world, which nevertheless faces certain problems concerning its reputation. For instance, in 2017, a man was taken by force from an overbooked United Airlines plane for refusing to give up his seat (Zdanowicz & Grinberg, 2018). Thus, the company...
Logistics networks are the backbone of contemporary global commerce. They keep Nestle Bangladesh in business by facilitating the movement of raw materials to processing factories and finished goods to the market. While logistics networks facilitate the movement of goods, its transportation, inventory management, goods handling, warehousing, order processing, and packaging...
Co-creation appears to be a modern marketing strategy, which implies designing a product or a service cooperating with customers. This approach is considered to be beneficial in a great number of ways. It contributes to avoiding the lack of ideas regarding product improvement and makes the relationships between a company...
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...
Good leadership is essential for every organization’s quest to achieve success. Three commonly used leadership styles of situational leadership, transformational leadership, and transactional leadership offer leadership direction in an organization. According to Buil et al. (2018), supervisory role plays a crucial role in the overall performance of frontline employees in...
Introduction Management is the act of having all activities done well and at the right time by other people. Management involves organizing, analyzing, planning, and budgeting for the activities to be carried out to effectively achieve the set goals. While leadership is the process of motivating others or influencing others...
Whirlpool Corporation is one of the leading companies in the manufacturing of kitchenware and laundry products. The company has focused on improving the quality of its goods to attract more customers. Whirlpool is headquartered in Benton Charter Township, Michigan, United States, and ships its products to various countries. Thus, it...
Charter schools are institutions developed and managed by parents, teachers, society, or education organizations. According to Renzulli (2005), the primary motivation behind the emergence of such schools is autonomy. Most members who started the charter schools aimed at providing different curriculum and services from those offered in traditional schools. However,...
An organization’s leadership is primarily focused on inspiring employees to achieve organizational tasks. It is also preoccupied with formulating a broader vision for an organization and developing stakeholder buy-in to support its achievements. There are various types of leadership styles used by managers to motivate their workers. Some of the...
