Developing Relationships in the Workplace

The Needs and/or Expectations of Others Identification Stakeholders are individuals and groups that the organization impacts directly or indirectly. Therefore, businesses must identify and prioritize the needs and expectations through surveys, interviews, and feedback. My organization provides business IT solutions to individual and corporate clients locally and internationally. Customers expect...

Consumer Decision-Making Process in the Automobile Industry

Introduction Vast literatures suggest that numerous environmental problems occur due to human economic activities. These activities, as Transport Technologies and Policy Scenarios to 2050 (2007) asserts, cause deposition of masses of pollutants into the environment to the extent that they destroys the natural beauty. In addition, economic activities consume enormous...

Selfless Service. Selflessness in Business

Selfless service is among human virtues that play a significant role in shaping a better society and the world at large. It can also be referred to as dedication to others or service to humanity (Ochnik, 2019). Its philosophy revolves around the idea that an individual can offer services without...

Managing Business Risks: A Critical Analysis

Owners of modern business organizations have to deal with various challenges and risks. The term ‘risk’ is used to imply the possibility of reporting profits that are lower than what was anticipated. In addition, the concept also indicates that the firm may suffer from losses caused by a wide range...

The Change Theory and Its Real Life Application

A theory of change is a comprehensive description of how the desired change is expected to transpire in a work context. An organization or individual should admit three factors for succeeding in any change. It includes dissatisfaction with the current situation, a clear vision of the future, and the first...

United Airlines: The DuPont Analysis

Various groups such as shareholders, governments, employees, communities and creditors use audited financial statements of companies. Financial statements provide the potential users with a narrow insight into the strengths and weaknesses of a business. Reflectively, financial statements do not give an in-depth depiction of performance of an entity (Siddidui, 2005...

Enterprise Resource Planning (ERP)

Among the core areas of information management is Enterprise Resource Planning, which is a concept that was first embraced during the early 80s. It was used to merge the functions of finance, manufacturing and business logistics, and was mostly implemented with a sole objective of facilitating the execution of business...

Human Factors in Project Management

The term “human factors” encompasses the various influences on the project that its participants can have. In some cases, they will be positive, such as creativity or motivation, which can drive performance beyond expectations. However, in other situations, they will have an adverse effect, such as when team members engage...

Role Play on Conflict Resolution

Background Conflict resolution within an organization is one of the most critical leadership skills that fosters cohesion, enhances work relationships and improves the overall outlook of products and services. In the role play, it is evident that organizational leaders look at employees in a holistic way by providing the correct...

The Internal-External (IE) Matrix

Today, there exist two common tools for portfolio management: the IE matrix and the BCG matrix. The Internal-External (IE) matrix is a valuable tool that is used in strategic management and that belongs to the group of portfolio management tools (David, 2013). It is applied when a business needs to...

BHP Billiton and Telstra Corporation

Introduction The portrait of the two famous Australian companies have outlined in this paper considering the importance of their WACC (Weighted Average Cost of Capital) and financial risk management strategies for both of their managers. Before going to the theoretical discussion and WACC calculation, it is important to take a...

Amazon Supply Chain Management Overview and Analysis

Introduction Amazon is a giant retailer popular all over the world due to its powerful supply chain management (SCM). In 1994 Jeffrey P. Bezos decided to quit his job on Wall Street and start an internet enterprise out of his garage at the age of thirty. The founder wanted to...

Organizational Politics in Project Management

Introduction While business processes keep changing, there is a need for a well-defined process to initiate, plan, execute, and monitor these processes (Schwalbe, 2005). This discipline is normally effected through project management. Stakes Incorporation is a fast growing IT project management consultancy firm established in the year 1998. The firm...

Ethical Issues Involved in Software Project Management

Introduction Ethics may be defined as a set of beliefs in relation to what is considered to be right or wrong. Behavior that is regarded as being ethical usually follows rules and guidelines that are acceptable in society (Reynolds, 2007). More often than not, those who act ethically are perceived...

The Bakery Store Standley’s Bakery – Project Case of Buisness

Description of the Business Standley’s Bakery is a new bakery store that is based in Ruston that will be primarily selling cakes and cupcakes in Ruston and its neighbourhood. Although Ruston has several bakery stores, it lacks a store that provides high-quality organic cakes and cupcakes at an optimal price....

Marketing Communications and Role in a Marketing Mix

Key Definitions Marketing communications are one of the critical competitive business tools that encourage consumers to choose a specific company. Marketing Communications (MC) is essentially the process of transmitting information about companies, products, and services to the target audience using various channels. Integrated Marketing Communications (IMC) is a concept of...

Advantages and Disadvantages of CPD Monitoring Techniques

Continuing professional development (CPD) is the process when people improve their knowledge, skills and experience by means of special training courses. Monitoring and evaluating is the final stage of the CPD process. There are a lot of diverse ways how the CPD process may be monitored and evaluated, still, each...

Lidl Expansion to Norway and Mexico

Abstract Lidl, a Germany-based international discount retailer that primarily focuses on food, is considering entering another country’s market. It has narrowed its choices down to either Norway, where it had tried and failed to expand previously, and Mexico. However, the chain struggles to make the final decision and develop a...

Mergers and Acquisitions: Time Warner Example

Introduction Mergers and acquisitions (M&A) is a corporate strategy that involves combining two or more companies to form one single corporation with an aim of expanding the operations of individual corporations in a certain industry without necessarily creating additional business entity. There is a slight difference between mergers and acquisitions...

Long John Silver’s Restaurant’s Marketing Analysis

This paper aims at analyzing different advertisement strategies and mistakes made by businesses that lead to losses or closure. A food restaurant in the United States has been struggling to pay workers and make a profit. The business is among the poorly rated with an average daily income of less...

Leadership in Motivating Healthcare Staff to Increase Performance

Introduction Healthcare workers usually report the importance of effective leadership to stimulate their performance and teamwork because, working in stressful environments, they need additional motivation and stimuli. The problem is that having intensive workloads, healthcare providers are expected to demonstrate high-performance results and efficient teamwork to address patient needs, but...

“What’s Wrong – and What’s Right – with Stakeholder Management” by Boatright

What’s Wrong—and What’s Right— with Stakeholder Management What’s Wrong—and What’s Right— with Stakeholder Management What’s Wrong—and What’s Right— with Stakeholder Management What’s Wrong—and What’s Right— with Stakeholder Management In the article In What’s Wrong – and What’s Right – with Stakeholder Management, John Boatright (2006) presents a stakeholder management concept...

Ethics in the Business World Based on Dilbert TV Series

In the fourteenth episode of the second season of the Dilbert TV series, the main character faces an ethical dilemma that makes him choose between his personal principles and various temptations. Moreover, the situation is further complicated by the fact that the product, which becomes the source of this dilemma,...

GE Healthcare: Innovating for Emerging Markets

Abstract GE Healthcare is a division of GE that has headquarters in Buckinghamshire, United Kingdom. Initially, the firm was known as GE Medical Systems, but it changed its name in 2004. The firm specialises in unique medical technologies and services that help patients to improve their health care outcomes across...

Strategic Network Management: The Fault Management

Introduction The fault management is one of the major areas in network management. With the increase in the network capacity due to the purchase of competitors, there is need for TechCorp to develop a more reliable network management scheme to capture the needs of the entire network, in this analysis;...

Communication Barriers at the Workplace

Having good communication skills is rather crucial for all workers since it may significantly affect their performance and success. It is even more essential for those employees and managers who are transferred to the company’s new factory in another country. Working with people of different races and cultures may be...

Monopolistic Competition and Oligopoly

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...

Marketing Research: The Air Humidifier from Prodserve

Step One: Product Selection In this step, it was suggested to choose one of the products that fictitious company Prodserve, Corp. will plan to release. Among the proposed options, the choice was stopped on the Humidifier™ with a built-in aromatization function. The device allows cooling the ambient air and increasing...

Transformational Leadership Impact on the Team’s Performance

The styles that a leader adopts may significantly impact the team’s performance. Those are numerous, and one can select what suits them the most and guarantees improved results. One of the recent and promising leadership styles is transformational. It appears to address the challenges set by the 21st century and...

A Case Study of Mission Command

Leadership is a significant concept in many spheres of life, and the military sector is not an exception. Leadership denotes actions that are taken to provide people with purpose, direction, and motivation to make them perform a specific task. Current security threats demonstrate that it is necessary to draw particular...

Alibaba Group’s Corporate Governance

Alibaba Group Holding Limited is justly regarded as the global leader among technology companies that specialize in electronic commerce. As a multinational corporation owning more than ten prominent businesses, Alibaba Group uses a holding company organizational structure (“Corporate Governance Guidelines”). This type of internal organization gives more freedom and autonomy...

Lincoln Electric: Business Expansion Concept

The concept of expansion has become the leitmotif for most companies’ business strategies in the modern economic setting. The rationale behind the focus on expansion is quite obvious since a larger organization with stronger links across the globe has greater chances of remaining sustainable and keeping its competitive advantage over...

New Product Launch: The Case of Apple Watch

Numerous factors have all the power to influence the decision-making process of customers. While millions of people believe that the choices they make regarding different services or goods are rational, the reality is that individuals are driven by emotions determined by environmental factors. The first vital aspect relevant for the...

Trait and Behavioral Theories of Leadership

It is hard to disagree that leadership is a challenging and severe process that requires people to be strong, communicative, successful, creative, and influential. However, thanks to several methods and theories, being an effective leader may become more manageable. The purpose of this paper is to define leadership and non-sanctioned...

Pursuing Education in a Supply Chain

As I am about to get my Master’s degree, it is evident that further plans are to be prepared and executed. Nowadays, many companies prioritize their employees’ knowledge of the industry (O’Byrne, 2017). Logistics Supply Chain Management is a relatively new sector, which continues to grow and develop. According to...

The Use of Data Collection: Personal Experiences

Nowadays, the collection and application of data by big companies is a well-known fact everybody has to face. This common corporate practice, however, has its pros and cons. On one hand, the usage of data can help to significantly improve the user experience and make operations more efficient, on the...

Overseas Sweatshops in the Fashion Industry

Overseas sweatshops are a common practice for many companies and industries all over the globe. The production of clothes is one of the most significant sectors that employ foreign sweatshop labor (Stafford). This paper covers a brief history of the issue and reasons why fashion giants decided to move their...

Strategic Leadership Course Reflection

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...

The Process of Marketing Research

The process of marketing research implies following the specific steps for a precise outcome. First, the marketers define the product buyers in general, for example, teenagers of 13-16 years old living in Los Angeles. Sometimes they use not real customers but the perceived people who would possibly be interested in...

Economies of Scale: Basic Concepts and Empirical Evidence

Introduction Economies of scale widely imply the cost-related benefits a firm realizes from an increased level of output. The benefits usually occur from the inverse relationship between unit fixed cost and total output. The rationale is that as more units are produced, the fixed value attributable to each segment diminishes...

The Impact of Interpersonal Internal Communication on Organizational Effectiveness

It is almost impossible to overstate the importance of communication in management. Nearly everything managers do to make it easier for their organizations to achieve their goals requires effective communication. If people cannot share information, it is clear that they will not work together, formulate plans and execute those (Missiroli...

Managing Demand at the Wild Dog Coffee Company

Wild Dog Coffee is a small coffee house offering espresso visitors a limited choice for breakfast, lunch, and dinner. So far, the company has only one branch office, but it is in the interest of management to open a new point. Expanding a business always involves risks, as it requires...

Apple Customer Satisfaction: Anticipating Customer Needs

Anticipating customer needs is imperative for businesses willing to grow their market share. In highly competitive markets, the ability to meet customers’ evolving needs with each new product is among the main predictors of business success. The technology sector is an excellent example of a market where companies have to...

Blizzard Entertainment: Analysis and Evaluation

Research into Organizational Successes and Challenges Blizzard Entertainment, Inc. is a US-based video game developer and publisher with headquarters in Irvine, California, and a subsidiary of Activision Blizzard. The company was founded by Michael Morhaime, Allen Adham, and Frank Pearce in February 1991 after all three graduated with their Bachelor’s...

Accounting Scandals. Case Analysis

Accounting and reporting issues have the power to diminish a company in a short amount of time. Enron’s case is a proof – one of the largest companies in the United States went from $90 to $0.26 per share in a matter of days (Segal, 2020). The management of the...

Analysis of Ron Powell’s Career and Performance

Management style plays a crucial role in today’s business activities. There have been many theories regarding management and employee motivation strategies. However, such theories might end up not working as planned, when put into practice. Furthermore, a strategy that has proved to be useful once may not be the option...

Workers’ Compensation Exceptions to the Governing Classification Rules

Abstract The four exceptions to the governing classification rules are crucial for a successful business operation. Hence, the rejection of these exceptions may lead to numerous negative consequences and cause a considerable number of obstacles to the business owner. The paper proves the importance of the Standard Exception classifications, the...

The Strategic Management Concepts

Vision, mission, goals, objectives, tasks, strategy, tactics, and policy are the concepts that help the company to define their work in terms of culture, values, and ambitions, and present them to the world. However, quite often, the difference between these terms is quite vague and needs clarification. This paper aims...

General Motors Operations Analysis

Introduction General Motors (GM) is a symbol of the American automotive industry and culture. It is known for an exceptional quality of manufactured automobiles as well as a high level of competitiveness and significant impact on both national and global vehicle markets. GM was founded in 1908. Since then, it...

Comcast Firm’s Forward and Backward Integration Strategies

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...

Google Strengths and Weaknesses: SWOT Analysis

Introduction Corporates use SWOT analysis as a tool for making decisive and strategic decisions that are essential for the stability of the company in the long run. In fact, SWOT analysis is the most reliable tool managers utilize to come up with the best marketing decisions. SWOT is an abbreviation...

Multifactor Leadership Questionnaire: Overview

Introduction As stated by Northouse (2016), leaders are determined to perform with all of their followers rather than interacting with just a small group of them. This is the primary principle that determines what leadership is for me. While answering the questions in the questionnaire, I realized that some of...

Price Determination and Market Structure

Introduction One of the main goals of any business is profit maximization, and one of the principal means of reaching that goal is setting an optimal price for its goods or services. However, the considerations that go into determining this price depend in large part on the market structure. Different...

CEO Failure: Bernard Ebbers

The position of a CEO is a top of the corporate ladder, which means that a person not only receives great power to take over a large company but also has responsibility for decisions. The evidence shows that the highest leadership is prone to significant mistakes, which should be analyzed...

Angela Merkel’s Leadership Style – Article Evaluation

Analysis Main Conclusions Stefan Kornelius analyzes the leadership style of Angela Merkel – the Chancellor of Germany. The country’s citizens go to election in a few days and in spite of her successful eight-year leadership, the Chancellor might lose the elections according to Stefan Kornelius (2013). The editor of Germany’s...

Brand Personality and Self-Image and Consumer Behavior

Abstract A product personality frequently signifies that the product/brand has a gender or gender-being. To distinguish the apparent gender of manufactured goods or brands, salespersons choose to display images and copy-text for diverse marketing communication (Berry 2000, p.149). Problem statement The problem statement of this proposal is on consumers’ traits...

Leadership and Management: Differences and Similarities

Introduction Management and leadership are two closely related disciplines. These disciplines complete each other since there are instances when a manager has to show leadership qualities. Similarly, managerial skills are required of a leader. Despite the close correlation between the two disciplines, there are key disparities between the two disciplines...

Diversification Initiatives of Alibaba Group

Diversification is the expansion of the product range and reorientation of sales markets, as well as the development of new types of production implemented to improve business efficiency, develop perspective areas, or prevent bankruptcy. It should be noted that diversification by its nature, can be related and unrelated. Related diversification...

SWOT Analysis Company Nurture Inc

Information about the Company Name of the company: Nurture Inc. Slogan: Healthy and tasty. The name of the company refers to nature and nutrition; moreover, “nurture” is about care, development, growth, and potential. Mission Statement: About 60% of a human’s body is liquid, about 70% of the Earth is covered...

Strategic Management: Literature Critique

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....

Nucor’s Performance Management and Motivation Strategy

Introduction Motivation is a critical factor affecting employees’ performance and organizational success overall. A successful performance management system builds on employee motivation to achieve better performance. The case of Nucor Steel is an excellent example of the use of work motivation theories in performance management. The company has become a...

Consumer Apathy as an Issue: Resolving the Problem

Introduction Among the problems that companies have to face presently, the increasing levels of consumer apathy represent the most challenging concern. According to Ross et al., the extent of apathy among buyers in regard to the promotion campaigns offered by companies has increased, which a reason for serious concerns (511)....

Managerial Accounting Ethics Role

Managerial accounting aims to provide managers with measurement and interpretation of accounting information so they can make informed decisions to maintain and improve a companys performance. This occupation requires possession and development of several essential skills and qualifications. There are also certain ethical standards employees working in this sphere have...

Geringer and Herbert on Effectiveness of Joint Ventures

Introduction Since the advent of globalization, new forms and types of businesses have emerged across the world (Robson, Leonidou and Katsikeas, 2001; Gong, Shenkar, Luo and Nyaw, n.d). One of the popular forms of business that characterize society today is the Joint Ventures (JV), which is perceived to be more...

Human Resource Selection: Interview Questions

Introduction The process of interviewing potential candidates is a significant part of Human Resource Selection. Interviews vary depending on specifics of the job, but their main purpose remains to evaluate applicants’ abilities according to the same criteria. For this objective it is important to prepare a set of question, the...

MBA Programs: Business Plan Proposal

Executive Summary Purpose of the Plan The main aim of this plan is to outline a start-up MBA program targeting the UK, China, and India Markets. The name of the proposed University will be London MBA School which will be located in southern London. The major activities of the University...

International Hospitality Industry and Experience Economy

Introduction Due to the stiff competition in the business world today, organizations have no choice but to offer memorable experiences for their products and services to every consumer they get into contact with. This is perceived as the only way through which organizations can attract and retain more customers. The...

Information Literacy and Scholar-Practitioner-Leader Model

Introduction In the past, scientific information was concealed, but the Internet filled this gap. However, did this unlimited access to information complicate the research process? These changes in access to information highlighted the rising significance of leadership and the integration in information literacy. In the context of scholarly research in...

Leadership in Different Spheres of Life

Leadership is that aspect of the personality of individuals which enables them to lead and manage teams and groups of people. Leadership traits are visible even in childhood when children play and interact with their friends and display the ability to lead and enable their teams to perform and win....

Effective Organizational Development Strategies

Organizational development is one of the key areas in management. For managers who want to increase performance and efficiency of their companies, organizational development is essential and necessary time after time. In the scholarly literature you would find that different authors refer to organizational development as “a response to change,...

Alcohol and Drug Abuse in the Workplace

Employees should have high concentration levels while in the workplace. Therefore, companies strive to reduce the distractions to employees. Reduction in distractions increases the productivity of the employees. In addition, it increases the safety levels of the workplace. Drug use is one of the major factors that reduces the concentration...

“Contemporary Marketing” by Boone and Kurtz

“Contemporary marketing “written by Boone and Kurtz provides us with key marketing principles. The book covers the most up-to date issues including one-to-one marketing, customer care, strategic marketing as well as guerilla marketing among other topics. The book begins by giving the reader a concise definition of the term marketing...

Work Structure Trade Shadow

Introduction LRH Products is planning to attend a major trade show event in Sacramento, CA. For attending this project, plan should be prepared. The project includes activities like updating the trade show display; re-stock the collaterals, giving new orders for the collaterals, transportation of the trade show materials, setting up...

Sony’s Projector Manufacturing Market in 1989

The competitive situation on the projector market considering Electrohome production in 1989 and the strategy applied by Sony will be discussed in the present essay. Electrohome was a Canadian company, a relatively small batch manufacturer, by 1989 mostly specializing in projector production. The company proclaimed key advantages of its products...

Trader Joe’s Employees’ Emotions, Attitudes and Job Satisfaction

Introduction A business where there is a constant interaction between the customers and employees, the performance of the employees greatly influences a company’s general performance (Hoffman, & Bateson, 2010). Employee’s attitude towards their work influences how they perform. For example, the management should put more effort into ensuring that the...

Etihad Airways: Strategies Analysis

Introduction The major differences between the organizations that are successful and those that are not is the degree of the effectiveness of their strategies. Any organization hoping to succeed in the market must ensure that its strategies conform to the prevailing conditions in the environment which could have negative impacts...

The Importance of Organizational Learning

Introduction Most people in an organization fail to understand the concept behind organizational learning and what it entails. This has seen many organizations become less competitive in the growing world market. Learning hence becomes an important factor for growth and should therefore be incorporated in all organizations. A good example...

Business Ethics – Libertarian View

The Libertarians have acknowledged that employers have some moral obligations to protect the welfare of the employees. Employers must disclose the safety risks during the employment process so that their employees will have to make an informed judgment about where they want to work. They view that provided the business...

External and Internal Forces in the Organization

Introduction The external environment is a key input in any organization. Several external forces impact the organization’s behavior. There are two categories of environments that affect an organization’s behavior; these are the general environment and the task environment (Cummings & Worley, 2008). The general environment consists of external forces such...

Eclipse Company: Case Study

Eclipse is at the advantage of serving customers who operate at shorter routes and local airports. It is likely to advance more in this coverage as compared to long-range and long-distance routes because large airlines are already better placed to offer better services in these routes as compared to Eclipse....

Strategic Planning and Outsourcing

Introduction Strategic planning is very important in business management. Doing business entails managing scarce resources to ensure a good return on investment. While making decisions in business, there is the need for decision-makers to evaluate all factors involved in coming up with the best decision. Strategic planning defines a strategy...

Corporate Social Responsibility and Response

Definition Corporate social responsibility is defined as a form of corporate self-regulation integrated into a business model; it is aimed at motivating business entities to voluntarily involve themselves in corporate initiatives, as an alternative to additional or existing mandatory initiatives. It is a form of corporate social regulation integrated into...

WalMart Stores’ Operation Management

Introduction In today’s world, in order to ensure the smooth running of the business, every organization must be ready to deal efficiently with different issues concerning the business. The organizations must be ready to accept changes and move accordingly. Each and every employee of the organization should work hard to...

Creative Management of Bill Gates and Michael Porter: Innovations

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...

“Leading Minds” Book by Howard Gardner

Introduction The book, “Leading Minds: An Anatomy of Leadership”, has been authored by Howard Gardner, “Professor of Education in the Graduate School of Education and one of the founders of Project Zero at the Harvard University” (Gardner, 1996). Published by Basic Books, the first edition of the book appeared on...

Hilton London Paddington Hotel: External Influences

Introduction External influences are those factors that affect business and the business has no control over these factors. Many external influences do exist. These influences can be economic, legal, environmental or technological. This paper is going to look at these four categories of influences in relation to the hotel industry....

Graham Allison’s Rational Actor Model

In writing Essence of decision making, Allison had the notion that rational expectation theories from economics had been borrowed largely by fields of political science and international relations. He assumed that states, after considering all they had, acted rationally to maximize their usefulness. In this, he proposed that analysts must...

Business, Ethics, Responsibility and Sustainability

Introduction There are a number of issues that a businessman can be preoccupied with. A person who is planning to start his/her own business should be aware about the incalculable aspects of the business world, the rules according to which this world works, and the ways to improve his/her life...

Stages of the Product Life Cycle

Introduction Background to the study Marketing involves all activities carried out in the creation and satisfaction of customer needs profitably (Kotler & Keller, 2008, p. 43). The marketer is the liaison function between activities that constitute marketing and the clientele. Marketing activities involve the integration of the four Ps referred...

The Security Management & Consultant Course

When I first joined the Security Management & Consultant Course, I expected to find it challenging, but what I had not given much thought to was that people from all over the world would be in it with me. It began slowly, with a few minor tasks. The class began...

Revenue Management: Strategy and Policy

Introduction Revenue management is the function of regimented tactics that predict consumer behavior. It has become a branch of the conventional business hypothesis and practices over the last few years. Revenue management has been widely also known as yield management. It largely deals with the progression of indulgence, speculation, and...

Behavioral Finance and Personal Investment Decisions

Behavioral finance is a hypothetical insight into behavioral and psychological aspects that are involved in evaluating investment decisions. In light of the above statement, the outcome of any investment decision largely depends on two variables namely psychological and behavioral. Behavioral finance encapsulates two variables majorly cognitive psychology and the limits...

Steps for the Decision-Making and Final Decision

Introduction The business world is the specific sphere where people are to make decisions. There are a great many different techniques and methodologies in decision-making. The better method is used, the better decision is made and this decision is sure to influence the whole working process. Taking the scenario of...

Swatch Group’s Brand Audit and New Positioning

Brand Mantra, Core Brand Values & Brand Identity Swatch Group is repositioning and rebranding its products due to the vast competition that it is facing from other dealers worldwide, by doing so Swatch group is trying to recover its customers and retain the market share. Swatch Group should start more...

My Career in Marketing Management

Introduction Marketing is a practice done by individuals, institutions, and managerial entrepreneurs to manufacture and correspond to buyers who might be customers or dealers. The whole process ensures organizations offer and takes commodities and services to and from their partners, clients, customers, or the whole society nationally and internationally. Marketing...

Communication in Agilent Technologies While Layoffs

The way in which managers communicate change is very crucial to the success of a changed program in any organization. The communication style which the company decides to use should ensure that their staffs appropriately understand what will happen and why it should happen. They should also be in a...

Contingency and Situational Theory in Leadership

Outline This essay focuses on contingency theory and situational theory in leadership. It also compares these theories with an article. It mentions the importance of various factors affecting leadership. Introduction Leadership is good quality. It depends on many features as the leader, followers, and circumstances. The leader’s personality, his post...

Business Markets and Consumer Markets

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...

Motivation at Norsk Petroleum

Introduction Norsk Petroleum, a leading gas, and petroleum company pay special attention to motivation and organizational culture, job satisfaction high productivity. The case suggests that some employees feel a lack of motivation and about work trying to find another occupation to develop their skills and improve their life. These problems...

Sustainable Development and Its Role in Organization

Sustainable development in business environment helps modern companies to improve their performance and increase profitability. Marketing companies are usually described and discussed under steady-state conditions. Their structural forms and processes are determined, including such concepts as line and staff relationships, the division of responsibilities and authority, and group charts. Equally...

Business Management and Leadership

The organization for which I am working is an FMCG (Fast Moving Consumer Goods) company; which is facing problems related to the proper inter-departmental communication, tough corporate funding competition, outdating of a product line, and the declining of its market share. I am recently been appointed as a manager and...

Coca-Cola Case Analysis

Summary of the case Coca-cola is the largest beverage company in the world and employs about 71,000 people in over 200 countries. It has a range of products which includes: diet coke, coca cola, sprite and fanta. There is concern from coke that the move towards healthy eating and drinking...

Porter’s Generic Strategies Analysis

Choosing what position to take in the market in which a business function is an extremely important part of a company’s strategy. Michael Porter identified three basic strategies which cover the range of positions that a business can take to compete in the market. These three strategies are Cost Leadership...

Branding as a Negative Social Phenomenon

Background – Branding has been a significant tool for promoting products, but it is recently becoming a point of attack. Identification of problem – Several companies have come under intense criticism over their brands being negatively so powerful that they mislead the consumers, and this has sparked debate over their...

Petroleum Exporting Countries Organization

Introduction The purpose of this paper is to regard the history of OPEC as the organization of petroleum suppliers, represent this alliance as the political power and provide the models of its further development from the context of its necessity and usefulness for the development of the world economy. To...

Social Marketing: An Approach to Planned Social Change

The role of social marketing image in the spheres of business and social life functioning is presented through the promotion of strategic marketing planning process and other concepts leading to considerable environmental changes in the society. It is necessary to investigate the planning of change agencies and social marketing peculiarities....

Leadership and Self Empowerment

Life of people is full of mutual relationships which then define the roles of the people in the community and the further implementations of their talents and abilities. Such approach tends to realize the levels of different people in social, financial and at least societal attitude. Though, the concepts of...

The Ajax Company: Case Study

Outline This White paper analyzes the case study about the “Automated Production Control System Case” of the Ajax Company. The paper identifies and describes the associated risks pertaining to the two alternatives under consideration. The report has been prepared in the form of a White Paper. Description of Problem and/or...

What Is Meant by ‘Glass’ and ‘Concrete’ Ceilings? How Are These Barriers Constructed and Manifest in Organizations?”

Introduction This paper is about managing diversity in an organization, this paper will critically examine the challenges that are faced by the HR managers in regard to managing diversity in an organization for example, barriers like ‘glass’ and ‘concrete’ ceilings are constructed and they manifest within the organization. Diversity can...

Organizational Change Models by Kurt Lewin, John Kotter, and William Bridges

Introduction The merger of two companies with different organizational cultures inevitably creates difficulties for the manager who has to adjust his or her leadership style to the needs of the corporation and regulate workplace relations among employees. In this case, we are speaking about the fusion of two departments which...

Toyota and Southwest Airlines Success Stories

Introduction Some companies prevail over their competitors. Businesses are aware it is not a matter of luck, but success in business organizations is a product of many factors, the most important of which is careful and honest planning and implementation of company strategies. Strategic management is the work of the...

The Coca-Cola Company in Sub-Saharan Africa

This is a research of international business activities of Coca-Cola Company in Sub- Saharan Africa. Coca-Cola Company is a multinational company with its origin in Atlanta, Georgia. It was invented by Doctor John Pemberton in May 1896. Today, it’s the world’s leading beverage company in the world. Along with Coca-Cola,...

Warren G. Bennis’ Contribution to Strategic Human Resource Management

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...

The Roles of Organization Design in Proper Business Management

Organization design is a process of creating roles and designing reporting relationships in an organization. It is a guided process that integrates people and technology within the organization management and is aimed at improving the collective responsibility in the handling of duties thus ensuring success in achieving set objectives (Roberts,...

Toyota Boshoku: Human Resource Management

Introduction The company which has been selected for this paper is Toyota Boshoku. This paper is based on human resource management activities of the company. This paper is going to help with understanding the extent to which the Human Resource functions and the HR strategies, policies, and practices are integrated...

Cause-Related Marketing: Definition and Benefits

Introduction Cause-related marketing involves marketing efforts that have social and charitable causes and which are not based on donations as do corporate philanthropy. The strategy, which builds on the blend of the hybrid between public relations and product advertising, can be used to achieve positive impacts on customers’ buying behavior,...

British Airways: Business Functions

Structure and Culture at British Airways British Airways is governed by six members in the leadership team. These leadership posts include the posts of Commercial Director, Chief Information Officer, Director of Engineering, Director of Investments and Alliances, Director People and Organisational Effectiveness and General Counsel (British Airways). These leaders basically...

Economics for Management. The Prisoner’s Dilemma

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...

Waitrose Supermarket: Marketing Brief on Research and Information

Current business position Waitrose supermarket is amongst the largest retailers in the UK, categorized as one of the leading upscale supermarkets in the UK (Wendy 2008). A majority of the branches for the Waitrose supermarket are largely situated within London, as well as England’s south-east side. In addition, the chain...

Personal Introspective Journal on Leadership

In this era of globalization and tight competition the role of a good leader is inevitable for the development of any nation. This is a journal project which integrates the ideas of the journal projects of all the weeks. That is the journal project from week 1 to week 7....

Love and fear of the Modern Boss

The article poses the age old question as to which is a more apt leadership style: autocratic or a more benevolent and democratic approach. Snook demonstrates the different leadership styles from a historical perspective. He states that in the 1950s the leadership style was more autocratic with reward and punishment...

Accounting and Finance in Business

Introduction: Need for accounting All types of business concerns require to record financial data relating to various transactions to provide necessary information to the interested groups of persons in the firm. For taking adequate decisions relating to the business firms requires an overview of their past business transactions. For this,...

Management Education Is the Key to Successful Career

Introduction Effective and qualitative education is a core of any profession as it gives future private and public employees a chance to master knowledge and skills crucial for effective performance. Management education is important because it supplies future managers and administrators with knowledge and innovative ideas, practical examples and analytical...

Leadership and Gender Relations Analysis

Leadership and gender have been seen as opposite issues for a long period of time. A leader’s opportunities to change or enlarge the unit’s domain can also be constrained by prevailing attitudes toward possible new outputs and by the attitudes of subordinates to any changes in the kind of work...

The Application of Home Automation System

Abstract This is a report that deals with all kinds of information related to the application of home automation system. The paper has been structured to see the possibilities and the process for the installation of home automation system. The matters related to its advantages and disadvantages are well discussed...

Life Straw Project Analysis

Introduction Business is a way of making money and being successful, as poor people can become richer when they start making some business. But another aim of businesspeople is the help to those who live beyond the level of poverty. This kind of activity of people dealing with some business...

Health Insurance for Employees

Health Insurance is a very important aspect for every individual. However, it is reported that the workers in Nickel and Dimed receive almost no benefits – no paid vacation or holidays, no sick or overtime pay, no retirement benefits, and no health insurance. This is certainly not a fair situation....

Hong Kong Ocean Park’s Resource-Based Management

Introduction Hong Kong Ocean Park is the biggest park of attractions and entertainment in southeastern Asia. Being marine-themed, the park‘s average attendance is approximately 4 million per year. Several factors promoted to the process of the park’s redevelopment, such as the close competition by Hong Kong’s Disney Land and Asia’s...

Causes and Consequences of the Enron Scandal

Among the many financial scandals that rocked the world before 2001, the worst was the Enron Disaster. U.S Company Enron, which began as a small Midwestern gas pipeline company in 1985, spiraled into the world’s biggest energy trader by May 2001. Its dramatic collapse began in July 2001 and ended...

Studying Organisations: The Hawthorne Experiments

Introduction The Hawthorn experiments marked a new direction in research of motivation and productivity. More than half a century has passed, and productivity remains a concern of management. Labor conflict continues wherever bosses are not fair or considerate of worker’s needs. Design of work tasks continues to be studied, systems...

Lakeland Wonders: Case Study

Executive summary The case of the Lakeland Wonders is the classical example of the conservative outlook of the business world. Cheryl Hailstorm, CEO of Lakeland Wonders, proposes progressive modifications of the company’s development strategies, while the senior management resists them stressing the possibility of failure in international markets resulting in...

Strengths and Weakness of Using Employment Agencies

Introduction Human resource is one of the greatest assets of any organization. It determines the failure or success of any corporation. This is the asset of the company that ensures things are happening in the organization therefore their acquisition through recruitment plays an important role. Recruitment is the process of...

Sony Company’s International Business Strategy

Effective international business strategy prepares managers for heightened international competition. It gives them the potential to negotiate and manage firms and organizations in varying cultural settings. The strategies help the managers to be able to market their products across the continent. Managers should address international business with a discipline-based framework...

Evaluation of Marketing Strategy

In this paper, I am going to check out all those features that are related to the adaptation of strategic management about have a hold over the market. The process is to have proficiency systematically in the competitive marketplace. The target of this paper is to discover the consistent approach...

“Management: 4th Edition” the Book by Robbins, S., Bergman, R., Stagg, I., and Coulter, M.

Introduction Robbins, Bergman, Stagg, and Coulter, are reported to be among the best authors of the books covering organizational management practices; this paper will therefore critically take a look at the management book fourth edition written by the four authors. In essence this book actually focuses on the management concepts...

The Concept of Positioning in Marketing

Introduction Positioning strategy defines how the company products differ from competitors’ products. Therefore, Positioning is the process of designing the company’s image and value offer so that the customers understand and appreciate what the company stands for in relation to its competitors. A Positioning strategy adopted puts a company in...

Google’s vs. Welocalize’s Human Resource Planning

HR planning is one of the key business processes aimed to hire and retain a skilled and talented workforce that would assist them in meeting various strategic goals. HR planning systems include a plethora of activities concerned with the evaluation of organizational workforce needs, development of projections for manpower development,...

Risk Management: International Financial Risks

Introduction A company going international will face or encounter risks that are different from those faced in the home country. The risks in International transactions include foreign exchange risks and political risks. Foreign exchange involves things like currency shortages, depreciation, and increase of public debt or exchange rate fluctuations. Proper...

Absenteeism and Lateness in the Healthcare Field

Introduction Absenteeism and lateness are wide-spread and yet significant issues in any professional sphere. However, such problems acquire more importance when they occur in the healthcare field, where the value of time is determined by the urgency of patients’ needs. In general, poor discipline in a medical department might be...

Toyota Company’s Total Quality Management

Introduction In the industry of auto manufacturing, Toyota is considered as one of the most admired and highly emulated. In Asia, Toyota ranks as the biggest car manufacturer. The cars that Toyota produced have encompassed almost all the regions in the world. Toyota has successfully competed with car companies in...

Budweiser: Industry and Competitors

Budweiser is an American-style pale lager produced by Anheuser-Busch InBev SA/NV, a large multinational beer company with headquarters in Leuven, Belgium. The producer is investing vast amounts of money (as much as $449 million) into the marketing of the beer, which makes Budweiser the most advertised drink in the United...

Exploring the EFQM Excellence Model: The ADNOC Example

The European Foundation for Quality Management (EFQM) Excellence Model has been designed for offering a holistic view of an organization since it is used for determining how various processes within companies fit together and complement each other. It is widely used by organizations across the globe and is being updated...

Voyages Soleil Tour Operator’s Hedging Decision

Case Introduction Voyages Soleil (VS) is one of the leading tour operators in Quebec. The organization has managed to establish strong relationships both with its customers and suppliers. The company’s owner Jacques Dupuis needs to decide how to manage VS’s foreign exchange obligations. Vendors accept payment only in US dollars,...

Project Leadership, Teams and Behaviours

Introduction Effective organisational activities involve the coordinated work of all stakeholders, including both managers and employees. Achieving success is impossible if individual team members are not willing to take responsibility for their immediate duties and diligently carry out the tasks assigned to them. In order to assess the relevance of...

Changes in Google’s Employee Selection System

Introduce the case briefly by providing an overview/summary of what is happening in this situation Google is one of the largest digital corporations, and today, the company occupies a leading position as an information search engine service. In addition to this activity, the company is involved in a number of...

Under Armour Company’s Strategic Audit

Current Performance and Mission Under Armour is one of the leading brands in the sports clothing industry, which specializes in the invention and distribution of athletic apparel, footwear, and various sports accessories. Under Armour was created in 1996 by Kevin Plank as a result of an attempt to solve a...

Learning from Mistakes in the Workplace

For centuries, a human mistake is regarded as an engine of progress. At some point in one’s life, an error led them to some impressive breakthroughs. The phenomenon of human error can be as well applied to trainee preparation. According to Noe (2010), this process is called “error management training”...

Supply Chain Management Analysis

Summary The process of supply chain management is concerned with the control of materials and information throughout the entire supply chain, from suppliers to the producers of components and subsequently to store shelves. Therefore, optimization is an essential factor of supply chain management that can ensure that all of the...

Concept of Strategic Decision

Summary In the context of strategic planning, organizations are expected to make decisions targeted at achieving profitability and maximizing their operations. Thus, by making clear the long-term goals and visions of a company, the management has the opportunity to align the short-term tasks and responsibilities with a broader mission. This...