11002 samples of this type
Background At a time when the business trends are increasingly becoming reliant on the global market dynamism which is driven by an ever-changing consumerism patterns, Information Technology (IT) remains the most critical aspect that can guarantee success. This is due to its ability to creatively generate an enabling environment where...
Introduction There are both market and nonmarket forces that interplay in a business environment and largely influence the activities of any business organization that is in operation. Under normal circumstances, the success or failure of any corporate organization depends on its ability to adjust accordingly when changes occur in both...
Introduction The strategic focus and organizational management have positioned McDonald’s on the principles of calculability, control, efficiency, and predictability. This paper attempts to explicitly examine the extent to which my life is McDonaldized. McDonaldization Influence The aspect of efficiency as a McDonaldization value revolves around the process involved in reaching...
Introduction Drones are officially known as remotely piloted vehicles or unmanned aerial vehicles (UAVs). These aerial vehicles can carry some objects like cameras in order to take photographs and to make videos at a distance, without the direct participation of a man in the process. Drones allow photography or scientific...
The business can be discussed as a world-class one when the company performs as a leader within the market and industry not only at the local but also at the global level. The examples of the world-class business are Ford Motor Company, Apple, Google, Boeing, Procter & Gamble, Coca-Cola, and...
Employers across the U.S. have several feasible systems that they can use to manage the personnel side of their organizations. These systems, according to Kaiser (2005), denote the diverse types of employment relationships that may subsist between the employer and the organization on the one hand and the employee on...
The success of any organization depends on the nature of management practices it adopts. It is never an easy task to meet all workers’ needs or desires; however if a management team formulates correct policies or strategies of management, then likelihoods of success are high. All management practices should fall,l...
Introduction Modern world is characterized by the great rivalry. To be successful means to be better than others.. That is why great attention is devoted to the remedies which will help company to become better than other companies and then turn into the best in the world. Right management of...
Abstract Culture varies from one place to the next. The variation may be small or significantly large in some cases. Since culture has a great influence on various industries, businesspersons have to gain a good comprehension of the ways of life of a given place for them to visualize their...
Enterprise Level Strategy Costco is a leading American wholesale corporation. It operates as a warehouse club that offers a variety of goods and services to its members. The organization’s mission is to offer high quality goods and services to its members on a continuous basis. To achieve this objective, the...
The study of ethics also referred to as moral philosophy, is a subdivision of philosophy that tackles and deeply addresses the morality and principles that are put in place in the business workplace. This is good, and the evil, the dos, and the don’ts meant to be observed in the...
Introduction Today globalization has become one of the most discussed notions both in theoretical findings of scholars and in the everyday practice of decision-makers. Progress and technology have been rapidly turning our planet into a “global village” where one can cross the ocean in several hours, talk virtually with strangers...
Introduction This paper aims to explore Frito Lay’s online reputation management (ORM) and its approach to Search Engine Results Pages (SERPs) in the context of digital marketing. Frito Lay is a renowned company that produces and markets various snack products, such as potato chips, tortilla chips, and other snacks, globally....
Product Elements Product Description and Attributes Quality The product chosen for Proserve Corp is a new wireless headphone and microphone, Good Sound, that fits in an individual’s hand and has superior output and volume. The device is designed to provide listeners with high-quality audio. High-quality materials will be used in...
Traveling by plane has become integral to many people’s lives as it is convenient, fast, and safe. As demand grows, so does supply, which is why there is competition in the airline market, with Boeing and Airbus holding leading positions. The environment is changing, and any changes can have disastrous...
Company Background Microsoft is an American software maker and one of the largest multinational corporations in the world. It was founded in 1975 by Bill Gates and Paul Allen. The company’s headquarters is located in Redmond, Washington. Microsoft has become one of the most prominent players in the software market...
Executive Summary This report aims to analyze and discuss the horizon scanning method in the context of Abercrombie & Fitch and its prospects for development in the retail and clothing industry. The horizon scanning method is an approach that helps to detect and examine any emerging trends, potential opportunities, threats,...
Introduction Mission The company plans to pursue a global low-cost leadership strategy centred on selling its branded and private-label footwear at lower rates in order to obtain a competitive advantage over other companies in the industry. Vision Our mission is to provide high-quality athletic footwear at competitive prices while giving...
Critical Issues Critical issues are the incredibly competitive nature of the market in India, the high prices of real estate, and the prevalence of the tea-drinking culture. Critical Facts Starbucks has a history of success in expanding to foreign, non-coffee drinking cultures. Due to the partnership with Tata, Starbucks gained...
Introduction The Time Release Study (TRS) of the World Customs Organization (WCO) is a strategic and globally recognized technique customs employees use to evaluate the efficacy and performance of their border clearance operations. According to the World Customs Organization(n.d.), the TRS measures the time required for shipment clearance, from the...
Introduction Expanding internationally requires a firm to consider many elements associated with an international market. Most importantly, the legal environment of the target market can dictate whether an expansion effort will succeed or fail. For instance, employment laws and how they are enforced affect a company’s labor practices, including minimum...
Introduction The paper focuses on building a luxury brand called SvelteStyle. It is a high-end women’s apparel line that serves the Asian population in the UK and Europe. The firm specializes in developing elegant and fashionable designs for Asian women because it is difficult for them to find trendy, well-fitting...
Problem Statement McDonald’s Japan uses just over 1 million pounds of French fries daily, purchased in the Columbia basin from three suppliers, including Lamb Weston, Simplot, and McCain, at 40 cents a pound (“Never Run Out”). Each distribution center in Japan keeps between 4-6 weeks of inventory of French fries,...
Case Background Peabody Fabricating Company is currently reviewing the benefits of producing its component over purchasing an identical product from a supplier in the future. The annual demand is 3,200 units, and the cost of capital is 14%, according to financial analysis. According to the accountants from the case study,...
Introduction Huawei is a Chinese technology company that specializes in manufacturing smartphones and computers. The company is additionally famous for the mobile services that it offers to customers. Huawei is an international brand because it supplies its products and services to multiple global markets. This fact is possible because globalization...
Introduction Leadership and strategy articulate the dilemma arising from senior management and propose a creative solution to the problem (Emerald Publishing, 2023). This kind of leadership strategy significantly impacts various aspects of the organization. It mainly affects decision-making, which is the most crucial function of management (IQualify UK, 2020). Management...
Introduction Leaders are required to ensure that changes are implemented successfully in an organization. Cummings & Worley (2018) indicate that five activities can enhance the change management process. They include motivating change, creating a vision, developing political support, managing the situation, and sustaining momentum. This paper will analyze how leaders...
Introduction Danaher Corporation is a successful business that has earned its name and popularity through multiple acquisitions. This strategy was so effective that the organization overcame the 2008-2009 financial crisis without significant losses and negative consequences (Anand et al., page 1). That is why it is reasonable to determine the...
Introduction Google Incorporation is presently one of the most profitable and competitive technology giants in the United States and across the globe. This organization provides a unique product portfolio designed to attract more users and support their advertisement aims. The available platforms use a free-use model intended to ensure that...
Abstract Managerial actions within an organization can profoundly affect its success or failure. Even Walmart Inc., the world’s largest retailer, has unique problems to solve daily. Employee unhappiness, poor wages, authoritarian management, and bias and discrimination complaints have all been cited as problems for Walmart. Despite employing over 2 million...
Introduction The organization’s structure and culture are two essential elements to be addressed. However, there are adequate and inadequate ways in which firms can approach the above notions. Namely, culture and structure can be implemented in a way that becomes a corporate weakness or internal strength. Specifically, employing an incorrect...
Introduction Lululemon is a renowned international manufacturer and retailer of sportswear with a focus on high quality and fashion. The company produces goods for training, accessories, and health products. The company was founded in 1998 in Vancouver and, through its continuous development, has expanded worldwide with more than 500 stores...
Introduction Several changes have emerged due to certain improvements in society throughout time. One of these changes is the increase in purchasing power of modern citizens, which has enabled them to access numerous services and products, especially tourism, quickly. Nothing makes a tourist happier than briefly enjoying festive, playful, and...
Introduction One should highlight that financial growth in business means expanding the company, its market, profitability, and potential, considering several elements. The financial performance of Saudi Basic Industries Corporation (SABIC) over the past three years has been volatile. For instance, according to the official website, in 2021, the EBIT margin...
Company Background The bakery Sweet Delicacies is to operate in Warwick town at a store in Cape Industrial Estate. The Sweet Delicacies Company’s mission is to be the best in Warwick town. The bakery’s primary focus will be producing exceptional cakes and bread with distinct flavors. Delivering outstanding service to...
In many spheres of life, mediation is being utilized more and more to settle conflicts. Organizations and policymakers are becoming more aware of the unique resonance that mediation has in the workplace in the UK. Positive disagreement between people or groups of individuals may seriously impede an organization’s quest for...
There are several ways that an organization can transfer its risks through commercial insurance in the insurance market. This includes catastrophe bonds, collateralized reinsurance, large deductible plans, weather-based derivatives, risk retention groups, sidecars, and captives. Traditionally, many companies and business organizations manage risk by transferring it to the insurance company....
Creating and maintaining a viable recruitment strategy is essential for any organization seeking to advance in the present-day economic environment. The development of a function recruitment approach is particularly crucial for a company such as Google, which works in a highly competitive setting and must address a range of obstacles...
Introduction THG plc, formerly The Hut Group, is a British e-commerce retail company headquartered at Manchester Airport, England. It sells own-brand and third-party cosmetics, dietary supplements, personalized products, and luxury goods online. It provides e-commerce software, digital marketing, and fulfillment services to third parties through its Ingenuity division. As of...
Introduction Amazon is currently the largest retail company in the world, continually increasing its scope of influence globally. It has innovated the methods of e-commerce, being one of the pioneers in online sales and data analysis of customers’ decisions. Jeff Bezos – the founder of Amazon – has played a...
The purpose of this essay is to analyze the competitive advantage of Uber and the viability of its business model. During the last decade, Uber gained a major share of the taxi industry. However, the benefits of using its business model are controversial, at least. Despite the fact that Uber...
Introduction Experience is vital in improving decision-making skills that allow leaders to find optimal solutions and opportunities in corporate work. The business problem discussed in this report is the importance of elaborating on the abilities in decision-making that are critical components in business performance. The current paper covers the evolution...
Introduction Cultural diversity is a community in which the team has its own identity, and the organization respects the values and differences of people from different cultures. Organizations that want to create unique communities that are non-discriminatory and accommodating of diverse cultures must pay attention to diversity management. Diversity management...
Introduction Hyatt Hotel Corporation is a US hospitality establishment with many branches worldwide. It was founded by Hyatt Robert and Jack Crouch in 1957 when they purchased Hyatt House at LA International Airport. The company went global twelve years later and grew by developing portfolios and acquisitions. The hotel acquired...
Amazon is actively using the penetration marketing strategy to maintain its leadership position in retail sales. The purpose of this strategy is to convince as many customers as possible to purchase the company’s products. Different approaches can be used, such as lowering prices or increasing customer awareness of the products....
Introduction Using Facebook, consumers may face the privacy concerns such as invasion of privacy, stalking, illegal discrimination, harassment, and phishing. Facebook is actively and continuously “experimenting with many different features” and collects information about consumer behavior trends based on Facebook likes and connections (Reynolds & Stair, 2017). In some ways,...
Numerous examples of products ahead of their time did not allow them to become famous. One of the innovations that failed was Microsoft SPOT Watch (Karella, 2020). Before the invention of Wi-Fi and Bluetooth, Microsoft decided to use FM to transmit various information to their watches. Microsoft called this technology...
Abstract Leadership is a crucial aspect of any organization or society. However, sometimes, leaders lose their way, becoming corrupt, unethical, or ineffective. This essay analyzes the personal and systemic factors that can cause leaders to lose their way and the consequences of such failure. Personal factors, such as narcissism or...
Introduction XYZ recruitment company provides talent acquisition solutions and is committed to helping organizations like State University attract the best talent that drives organizational success. The recruitment agency understands the difficulties organizations face when filling a vacant position, especially a management role, and the importance of finding the correct applicant...
Introduction Steve Jobs and Steve Wozniak founded Apple Computers on April 1, 1976, to revolutionize how people regarded desktop computers. Broadcasting, iPhone, Apple Care, iCloud, digital content shops, and licensing solutions are among its commodities and offerings. Apple supplies consumers and organizations with the equipment, software, services, and infrastructure necessary...
Conflict management is the methodical and cooperative effort required to resolve differences between individuals or groups. Each organization contains some level of interpersonal, intrapersonal, or intergroup conflict. This is because it is unrealistic to demand unanimous agreement between multiple people at all times. Executives, directors, and workers sometimes spend 20–80%...
Introduction Clinical practice improvement projects are important because they allow healthcare organizations to identify areas for improvement in their clinical practices. It helps to implement changes that can lead to better patient outcomes, increased satisfaction of patients, and more efficient and effective care delivery (Oliveira et al., 2018). Discussion Evidence...
Nowadays, in the era of technology, countless companies strive to protect their online platforms and enhance the protection of their information. Firms that use technology frequently incorporate software systems to gather data on their customers and develop their services. While Amazon and eBay share similar information systems that are beneficial...
Introduction Amazon is one of the largest and well-known companies in the US and the. In terms of market capitalization, it trails Apple, and terms of the number of workers, Amazon trails Walmart (DePillis, 2018). Amazon is unrivalled terms of its significance to contemporary life and its power to change...
Bharti Airtel Limited is an Indian multinational telecommunications corporation that was founded in 1995 by Sunil Mittal. At the time of the company’s establishment, Mittal’s starting capital was $900 (Palepu & Bijlani, 2012). The company mainly provides services in the field of mobile communications, broadband and telephone services, and long...
Organizational power and politics are essential to any company’s performance. Managerial skills are complex issues that require a manager’s expertise and professional knowledge, especially during the decision-making process. With Politics and power becoming new issues in organizational management strategies, many companies globally are keen on handling matters to do with...
Introduction Consumer goods are defined as movable commodities that are created and sold to fulfill the requirements of a buyer. This is why these commodities are sometimes known as finished goods or end items in some circles. They are items that customers can frequently discover placed on the shelves of...
The most prominent furniture shop in the world is a Swedish firm called IKEA. The business operates in 55 nations and employs more than 76,000 worldwide (Roy, 2020). The global market leader’s success can be attributed to its comprehension of the customer and target prospect’s wants, the potential of its...
The global community is presently grappling with numerous challenges arising from past industrial, economic, and agricultural activities. Some of the recorded trends, such as the loss of habitats and overuse of natural resources, have made the global environment unsustainable and incapable of supporting future human life. To ensure that the...
It does not matter whether end consumers are aware of the parent P&G and the company should maintain its current approach to branding. This suggestion is because brands like Tide, Crest, Bounty, and others have already established their customer bases and loyalty that the company can benefit from. One of...
Introduction Best practices include all the procedures perceived as most effective in achieving certain outcomes. This paper analyzes some best practices in human resources (HR) and Change Management (CM) that enhance organizational effectiveness. Specifically, HR best practices discussed include selective hiring, training and development, competency-based compensation, building effective teams, influencing...
Generation refers to all people of the same age in a group or country, especially when they are assumed to have had similar experiences or opinions. Most of the time, these varied groups are adequately represented in the existing workforce. In a multigenerational workforce, people from different generations, such as...
Strategies Organizations formulate vision statements that guide them toward achieving the set goals and targets. Since organizations vary from each other in terms of duties performed and targets in the society they operate in, vision statements also vary. For instance, “Working on Poverty” is an organization based in New York,...
Global expansion is a challenging process that may lead to an outcome drastically different from what was expected. To avoid such a result, companies need to assess how viable such a move is for a company in the long term and come to a consensus regarding an entry plan. Managers...
Introduction The evolution of modern organizations and companies critically depends on the investment, capital, and readiness of potential investors to use their money to support the growth and development of the firm. At the same time, the shareholders and their involvement in the company’s work and readiness to participate in...
Introduction When a company is joining international markets, it requires a strategic plan to ensure a smooth transition and high return on investments. According to the article by Ingvar Kamprad and IKEA, is how the company manages its operations that separates it from other firms. Thus, the running process affects...
Introduction Environmental analysis is an important aspect of business assessment that serves various purposes in aligning strategic policies within the internal and external surroundings. In David and David’s (2014) opinion, environmental analysis is a fundamental approach incorporated in identifying internal and external elements of any business environment. As a result,...
Introduction In the context of sustainability, Qatar is one country that is developing sustainable projects. Lusail city is among the projects financed and controlled by the government to develop a green city. It is a revolutionary project that will become a one-of-a-kind state-of-the-art city in the region and beyond the...
Introduction DBS, Asia’s largest bank, was failing due to several factors; however, top on the list was how the bank was slow. The bank had gained a bad reputation in public, and thus, the introduction of new management changed everything. The management started digitizing the bank and changing its operations...
Introduction This essay will look at the financial aspects of running a speciality cookie business. We will look at how product costing methodologies and supply variations affect business decisions. In addition, we will conduct a cost analysis and evaluate the data to identify the effectiveness and performance of manufacturing. Establishing...
In creating an operational plan, one of the essential components is the resolution of operational objectives. They are necessary because they provide companies with a more precise and more accurate vision of what outcomes they can achieve. Moreover, strategic goals contribute to the definition of tools and steps that should...
Different state laws in states across the United States limit employers from checking the financial situations of their employees. This paper overviews how a manager can employ an ethical theory of utilitarianism to handle a situation and conflict of a qualified candidate with poor credit checks. The applicable theory is...
One of the valuable studies that shed light on the evolution of the concept of development organization was the project of Kurt Lewin and his team in 1964. Cummings and Worley (2015) describe this study and explain that, firstly, feedback was rated as a significant element in enhancing the effectiveness...
Introduction Revenue recognition is a common accounting standard that defines and accounts for the exact criteria under which income is recorded and confirmed. Revenue is often documented when a significant incident happens, and the money quantity is clearly measurable to the organization. Revenue is key to any firm profitability, and...
DMAIC is one of the strategies used in management to improve business processes and manage them effectively. It was developed by Motorola company, and now it is a part of the Six Sigma management philosophy. It consists of several stages, including define, measure, analyze, improve, and control, that create its...
The name of low-cost carriers (LCCs) implies the main factor in determining these companies’ strategies. However, the low prices for customers do not mean that these businesses cannot stand out. In the case of Ryanair and EasyJet, the two competitors are similar in many aspects but different in others. First,...
Quality management of Crossrail can be called comprehensive for several reasons. First, the company manages quality on the organizational level, ensuring constant internal audits, tests, and incorporation of quality plans. Second, the company manages quality on a bigger scope, which implies “compliance with legislation, regulatory requirements, and relevant codes of...
Introduction Science and technology have made the world evolve as people seek to apply these changes in their daily lives. Businesses have not been left behind as more and more business evolves to cater to the needs of their customers. The clothing industry has been affected by these innovative ideas....
Introduction The specific scholarly article that was selected for the analysis and research is called “Deviant Bodies, Stigmatized Identities, and racist acts: Examining the Experiences of African-American Gamers in Xbox Live.” The study was issued by Taylor & Francis and subsequently published in the scientific journal New Review of Hypermedia...
Introduction Expo 2020 is the continuation of the World Expos that began over 170 years ago to provide a platform to showcase the world’s greatest innovations and creativity across industries. Thus, Expo2020Dubai, hosted by Dubai in the United Arab Emirates, where innovation is an essential factor of development, is an...
After watching the TEDx Talks and the Zappos company culture videos, I am hopeful that the unique culture at Zappos will benefit the company in the long run. Based on what I saw in the Video, the company is receptive to both its consumers and staff and the ideas they...
Tesla Inc. is an American company that manufactures cars that purely depend on clean electric energy power. The company mainly produces top-notch electric cars with zero dependence on fuel. Tesla is famously known for its $0 marketing strategy; this implies that the company does not use any capital to finance...
Caterpillar is the world’s largest manufacturer of construction and mining equipment. It serves a number of industries – infrastructure, construction, mining, oil and gas and transport, the company is considered one of the most demanded in the global economy. Caterpillar Inc.’s Vision Mission of Caterpillar Inc. The company’s mission is...
Introduction Quality improvement is a process in which the effectiveness of all existing systems in the business is evaluated. Changes usually take place based on a structured approach and qualitative analysis of all work areas of the company. To organize successful improvements, regular data collection and analysis are accomplished. Business...
About Apple Inc. Founded in 1976 by Steve Wozniak and Steve Jobs, Apple Incorporation is a multinational technology business that specializes in producing consumer goods, personal computers, servers, and computer software. The Macintosh computer, iPad tablet, and iPhone product lines are the core product categories the company focuses on. Timothy...
In the modern digital age, relying on ambiguous statements that sound like affirmations and dreams is no longer considered wise. Instead, it is now suggested to follow the SMART goal strategy, which stands for specific, measurable, achievable, relevant, and time-bound (Davis, 2018). Therefore, I decided to use this method to...
Modern times are characterized by the appearance of an increasing number of trading companies, as well as a significant increase in sales specialists. Although there are more and more sellers, there are not so many specialists among them. Professionals need to have several skills that will help them achieve significant...
Introduction For the most part, considering the connections of a job applicant is a relatively good practice for a company looking for excellent employees. Primarily, this process increases the chance of choosing the “right” talent by saving time, energy, and other resources within the recruitment framework. In addition, employers will...
Introduction Financial crises have the potential to disorient business performances and increase chances of bankruptcy. Organizational leaders should apply appropriate strategies to meet their financial obligations and maximize profits. Challenges emerge when corporations’ assets and financial instruments lose their value. The occurrence of this predicament makes it impossible for the...
In current economic conditions, the necessity of conscious prospective management of financial activities based on the scientific methodology of adaptation to the changing requirements of the external financial environment is actualized for enterprises. Financial planning and budgeting are the practical tools of perspective management of the enterprise’s economic activity subordinated...
How Companies Can Manage Events with a Global Impact Global disruptions like the Covid-19 pandemic have a dramatic effect on global trade and often come as a shock to businesses. The appropriate response for companies typically involves building organizational resilience to anticipate current challenges as well as anticipate and address...
Introduction Although there is still widespread agreement that strategic thinking is required for efficient firm management, it is usually absent or, at best, poor (Bonn, 2001; Liedtka, 1998). The implementation gap is marked by a long history of misunderstandings among both scholars and practitioners, with the terms strategic thinking, strategic...
The top online shopping destination in the world is Amazon.com. The organization oversees businesses in practically every economic sector and sells products from various manufacturers. The potential for a large audience to shop from home ushered in a new era in marketing history. The company’s CEO, Jeff Bezos, has identified...
Introduction Non-financial aspects such as service quality, corporate flexibility, resource usage, and market orientation are viewed as critical in determining a service firm’s success. They are frequently defined implicitly by underlying notions like social capital, environmental capital, human capital, and corporate social responsibility reporting (Almansour et al., 2019). Discussion These...
Introduction The Cinematography and Animation business has been flourishing in Nigeria. The business needs to be tracked effectively while the relevant information drawn to ensure that the film industry has developed with time. The reflective report under discussion will dwell on preliminaries on adopting effective business plan related to the...
J.C. Penney Company is a U.S.-based firm, which sells goods and services to customers through its department stores. Family-friendly clothing and shoes, cosmetics, exquisite and fashionable jewelry, aesthetic items, and furniture are all sold herein. James Cash Penney established the business, which has its corporate headquarters in Plano, Texas, in...
Introduction These days, all companies have their unique organizational culture, which supplies a decent level of performance and establishes a healthy and strong working environment. According to Spicer (2020), “Organizational cultures are the signs and symbols, shared practices and underlying assumptions of an organization” (p. 1737). However, the COVID-19 outbreak...
Galanz is a Chinese company producing microwave ovens and competing with such giants as LG, Panasonic, and Toshiba. The company’s success is attributed to the low-cost strategy, achieved by efficient use of capacity and process improvements, and the combination of OBM, OEM, and ODM, allowing for economies of scale. Currently,...
Introduction Entrepreneurs are those people who are eager to take risks to start a new business. My first take on Tom’s advice on how to become a successful entrepreneur is “taking risks and making profits within the dynamic business environment” (Lennon, 2022). For entrepreneurs, the risk is the possibility of...
Introduction Traditional organizations were founded on the notion that the leader controls subordinates and that the organization’s strategy is dependent on the leader’s authority over followers. Daft (2017) acknowledges that there are four stages of leadership: control, participation, empowerment, and service. For instance, subordinates are supposed to be passive in...
SWOT Factors Strengths Strength 1: Well-developed distribution network. Strength 2: High level of automation of activities (Jacobs, 2021). Strenght 3: Good capital expenditure returns (Jacobs, 2021). Strenght 4: Highly competent and skilled workforce. Strenght 5: Strong brand portfolio. Strenght 6: High level of customer satisfaction. The company has extensive experience...
Introduction In recent years, the global market has changed due to the appearance of the COVID-19 pandemic. Therefore, developing a successful business has become a more significant challenge for many young entrepreneurs. In creating a venture, it is essential to understand the problem and what kind of opportunity this problem...
Introduction Negotiation is an instrumental area of study that mainly encompasses elements of human interactions and behaviors. Successful negotiation entails planning and preparation; under this, I adopted early preparation, which significantly improved my capabilities in the negotiation. While planning, I involved my team, with who I shared the same interests...
Introduction Entropy and information gain are essential parameters in big data analytics, and it is possible to implement these metrics in tree-structured models to optimize the frameworks. Decision Tree Overview The general concept of decision trees concerns information representation, classification, and regression in an illustrative format. There are different types...
Introduction Integrated marketing communications (IMC) is the strategy that takes your marketing department from disparate functions to one interconnected approach. IMC takes various marketing collateral and channels — from digital to social media, to PR, to direct mail — and merges them with one dependable message. Accenture is a global...
Ancillo, A., Núñez, M., & Gavrila, S. (2020). Workplace change within the COVID-19 context: A grounded theory approach. Economic Research, 1(2), 1-20. Web. The researchers’ main purpose is to explore the changes in the workplace that have been caused by the Covid-19 pandemic. They hope to observe how companies have...
Introduction Walmart is a supermarket chain in the United States and one of the world’s largest retailers. The company operates under several banners, including Walmart, Sam’s Club, and Asda. Walmart sells a variety of products, from groceries to home items. At Walmart, the philosophy is simple: to save people’s money...
Introduction Brand placement in popular culture has become one of the most fruitful types of partnerships in the modern era. Singers, actors, and artworks promote fashion, car, perfume brands, and industry giants. One example is a long-lasting collaboration between Aston Martin cars and the James Bond movie saga. This report...
Introduction As part of this work, two articles from recent months are analyzed, devoted to rearrangements in the internal organization of two companies, GameStop and Tesla. The analysis identifies the nature of the ethical problem that accompanies changes within companies. The social nature of the problem is revealed in the...
Caterpillar Inc., like other successful companies, resorts to making short and long-term goals to assure the necessary progress in its operations. The short-term mission of the company is expressed by dividing it into individual goals in areas such as operations and product management. The long-term goal of Caterpillar Inc. is...
The constant increase in healthcare costs associated with the emergence of new medical technologies and medicines, as well as changes in the structure of morbidity and demographic problems, is a global trend nowadays. Holden et at. (2021) emphasize that “this evolution is accompanied by new challenges to deliver safe, high-quality,...
The Boeing Company Boeing is one of the biggest corporations in the aerospace industry. The company works with customers across over 150 countries (Boeing, n.d.). Boeing operates through the development, manufacturing, and maintenance of commercial planes, space systems, and defense products (Boeing, n.d.). The core values of the company include...
Caterpillar Inc.’s goals are directed to maintain its sustainability and profitable growth. The short-term goals for Caterpillar Inc. are water consumption, workplace injury rates, and by-product materials (Caterpillar, 2019). Its long-term goals comprise green emission intensity, energy intensity, and an increase in alternative energy source use (Caterpillar, 2019). As a...
Introduction Companies’ demand for cross-cultural awareness and communication capacity grows as they develop, scale, and expand in foreign markets. Moreover, globalization directly impacts worldwide communication, which helps to enhance commercial prospects, erase cultural boundaries, and establish a global village. If cultural variations in how individuals make decisions and execute commands...
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...
Background PepsiCo was founded in 1898 with the sole purpose of manufacturing and distributing beverages, diversifying over the years into other sectors such as restaurants. In the period under review, the company underwent different growth strategies under different CEOs. Under this review, the company went through different growth strategies, with...
Introduction With the growing threat of the global food crisis resulting from the war in Eastern Europe, the issue of providing quality and affordable consumer goods has become even more urgent for the average American consumer and all businesses in the country. Within the framework of this topic, it is...
The model offered by Kurt Lewin to implement change consists of three major steps. Unfreezing is the first stage to determine the general requirement for change, study the environment, promote the need, and check resources. The second stage is change itself, during which participants communicate, empower their actions, and involve...
Expense Details HKD Converted to CAD ($) 1 HKD = 0.17 CAD Flight CI031, CI903 and CI910, CI032 US $ 1,523 Your City (Vancouver) – Hong Kong, China Hot meal provided Duty free for sale on flight 1,982.06 Hotel Grand Hyatt Hong Kong 1 Harbour Road Wanchai, Hong Kong RHKE...
Introduction Prior to the COVID-19 pandemic, most organizations were at their best times regarding performance and success rates. The operations of companies that used to take place before the COVID-19 period are now regarded as normal. The pandemic is known to have brought about several changes to daily operations and...
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...
Introduction International marketing planning theory involves using marketing principles across national boundaries to achieve the objective of an organization. According to the theory, international marketing is the act of directing the flow of a company’s goods and services to consumers or users in multiple countries for profit (Samiee and Chirapanda,...
Introduction In the organizational structure of any company, there are main divisions and departments that serve as the basis of its functioning. The marketing unit is the basis of the organization’s interaction with customers and potential buyers. The main task of this branch is to maintain the brand and image...
Introduction McKinsey & Company, Inc is a famous consulting company serving a huge client base worldwide and is widely known for its incomparable success. The firm holds offices in more than 50 countries all around the globe and serves more than a thousand companies from various sectors, such as commercial...
Executive Summary Risk management stands out as an integrated and proactive strategy that organizations implement to handle potential risks. Such process should be long-term in nature if positive outcomes and project goals are to be realized. Telstra Corporation operates in the Australian telecommunications industry whereby it provides a wide range...
Introduction Interoffice memos refer to short messages sent between individuals in different departments in an organization or institution. Generally, these memoranda are used to share confidential information, policy updates, project briefings, and news regarding departments. Nevertheless, they can share any information, including informal updates on non-business activities. Regardless, they observe...
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...
Introduction Brands need to make much effort to draw attention to their products and support attractiveness among their target audience. The company’s image plays a significant role in this task, and therefore brands strive to create a positive opinion about themselves and communicate with consumers (Febrian and Fadly, 2021, p....
Introduction Market segmentation has become an increasingly popular concept in the modern world because companies want to target narrower audiences to increase customer satisfaction. This term can be defined as determining one or several market elements and serving consumers interested in this product (Camilleri, 2018). Market segmentation requires identifying a...
Background Amazon is a well-known online retail giant that provides products and services to customers and third-party sellers across the globe. It was established in 1995 by Jeff Bezos as an online book retailer (Bidkar, 2019). However, the company now sells various products and provides a platform for sellers. Amazon’s...
Aspiring Entrepreneur An aspiring entrepreneur can choose between different business organizations, including sole proprietorship, partnership, or corporation. This paper intends to deal with different business organizations, including their benefits and weaknesses. Moreover, it is also concerned with keeping accounting information and specific business accounts inherent in a sole proprietorship. It...
In his TED talk, Bob Langert (2019) discloses the stories from his time working in McDonald’s management team – about how he, together with environmental activists, implemented changes to make the company more sustainable. Nowadays, environmental initiatives are a global trend that is rapidly gaining momentum and changing the work...
Nowadays, the idea of self-driving cars gains more and more popularity. However, there is another side to this issue. One effect of using self-driving cars is drastic reduction of work places that is likely to become more pronounced as fewer people will be engaged in the field. Indeed, nowadays many...
Introduction Companies’ corporate and competitive strategies determine how well they will operate their respective markets and compete with other players. Tesla Inc. is an automobile manufacturer that competes with other large firms that have been in the market for decades, such as General Motors Company and Bavarian Motor Works (BMW)....
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 Adrizalia Soldaduras, S.L. is a small, 10-people family company based in Barcelona, Spain; the company’s products are designed to serve the copper pipes. The company’s profit decreased after the crisis and has not recovered yet. The company has been operating since 1988, without significant changes in the structure and...
Introduction Littlefield Laboratories is an automated service for delivering blood test results. In the course of the simulation, the team has accepted the role of the operations team aimed at maximizing the service’s efficiency and profit. The areas of primary areas include forecasting, capacity management for the stations, and the...
Introduction Background Industry 4.0, which refers to the fourth industrial revolution and also known as 4ILR, is a digital transformation in the field of manufacturing, production, and processing that emphasizes the need for the use of artificial intelligence (AI) when making decisions and undertaking specific actions. Information has become a...
Nowadays, when the labor market has been restored from the lockdowns of COVID-19, more and more people are looking for jobs. Belonging to different generations, people have different values and expectations of a workplace which employers should necessarily consider to recruit talented workers. The millennials and z-generation are among the...
Introduction The total process of controlling how resources are bought, maintained, and delivered to their eventual destination is logistics, and it is the main specialization of the shipping companies. United Parcel Service (UPS) is one of the biggest corporations in the United States delivery market, along with its main competitor,...
It goes without saying that high-quality customer service plays an immeasurably important role in the company’s stable growth and development. In the present day, Lenovo manages one of the largest and highly complex global supply chain networks with more than 30 manufacturing sites and 2,000 suppliers across the globe aiming...
Introduction The business under analysis is Avellin, a brand focused on industrial materials and automotive products. Avellin sells “resins and adhesive technologies,” as well as “lubricants and other automotive care products to commercial and consumer markets,” while passenger-car motor oil (PCMO) sales constitute its primary revenue and profit (Quelch &...
Introduction Unethical activities that people engage in while doing business transactions include lying, stealing, false impression, engaging in conflict of interest, unfair advantage, improper personal behavior, hiding information, allowing abuse, and condoning unethical actions. In most cases, people resolve to go contrary to their moral expectations when in dilemmas. However,...
The Brief History Bvlgari is an Italian brand with Greek origins that has captivated the world. The company’s founder, Sotirios Bulgari, was born in 1857 in a small village in the Pindus mountains in northern Greece. For generations, the area was renowned for the art of silversmithing and craftsmanship that...
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 It is important to note that leadership is a unique, complex, and intricate subject, which requires a comprehensive understanding of both conceptual as well as practical frameworks. The central quote for the given assessment is the following: “understanding leadership in early childhood has been plagued by its confusion with...
Introduction Small and mid-size firms (SMEs) have sales, assets, or a particular percentage of workers below a predetermined range. Each country defines a small and medium-sized (SME) firm differently. Specific size criteria must be satisfied, and the business sector is also frequently considered. The European Union (EU) defines a small...
Introduction and Methodology While companies are driven by profits and competition, they should not disregard the well-being of their workers. Employees should stay motivated to perform to the best of their abilities, and their motivation depends on a work-life balance, division of labor, work stability, and teamwork. This report aims...
Introduction Leadership refers to a social position of influence, which allows an individual to mobilize a group of people and collaborate toward accomplishing common goals. As a result, a leader is responsible for organizing and guiding individuals with common interests toward achieving their goals. On that account, the strategies adopted...
Nike is one of the biggest players in manufacturing sports equipment field, such as shoes, clothes, etc. It has been one of the biggest names on the market since its establishment in 1964 and one of the most recognizable brands worldwide (Hsieh et al.). One of the most significant distinguishing...
