10895 samples of this type
Introduction A business will only manage to keep up its reputation if it fully recognizes the established business ethics in its environment. As such, each and every firm that aspires to grow to great heights must be prepared to follow to the letter the codes of conduct that govern its...
Introduction McDonald’s corporation is undoubtedly the largest chain of hamburger fast-food restaurants in the world. The restaurant serves more than 58 million customers every day. The operation of Mcdonald’s is like a typical large chain that operates as a corporation, a franchise, or at times as an affiliate. It draws...
Introduction There are very many things that influence decision-making in a business scenario. Ethics is one of the things that affect it widely. These are the rules and regulations that govern the ordering and values of a certain group of people or an organization. Alex has established a business that...
Introduction Philips Company specializes in the production of household appliances. Its markets stretch across the globe with a market presence in over 200 countries. The company is among the leading corporations in the manufacture of household appliances with major competition from Asian producers (Philips, 2010). This essay will analyze five...
Introduction An entrepreneur process is the process by which an entrepreneur identifies an opportunity, evaluates, and develops it to produce a new product that can help him or her make some profit. The entrepreneur faces many forces in the process and must be ready to overcome all of them to...
The main objective in business operation is to make a profit. Business operators look for all possible ways to ensure that they have made a significant profit. This is because profit determines the growth of the business. Various methods are used to ensure that the business has made a profit....
In the marketing field, marketing mix plays an important role. One of the four components of the marketing mix or 4Ps is the ‘price’ of the product. A change in price component may lead to a change in the other three components like product, place, and promotion. While developing a...
Introduction TQM is the implementation of very comprehensive management techniques with very organized and structured approach to constantly improve the quality of products from continuous feedback from customers. Impact of Globalization on Quality There are several ways to ensure that information technology (IT) has been implemented into a business process...
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...
Introduction There are four major phases of business development namely the start-up phase, growth phase, maturity phase, and decline phase. These stages are characterized by the need for effective business support systems capable of facilitating progression from one stage to another. The start-up phase The stage in which the business...
The organizational structure of an enterprise can be affected by a great number of factors, such as marketing strategies, operations, human resources, and others (Bateman& Snell, 2008). Provided that we are speaking about Ford Motor Company we should first speak about operations. As a representative of the automobile industry, Ford...
The advice given by Dr. Kennedy is practical to some extent. Many workers prefer to be led rather than be managed. This means that most employees would rather have someone to guide them and then allow them to complete their jobs on their own. While this advice may work for...
Job Analysis support in pay decisions Job analysis involves collecting information that describes the characteristics and requirements of a certain kind of job. This information may include the required skills, experience, personal behavior and specific duties to be performed among others. It is through the data collected during job analysis...
Introduction Leadership can be described as the art of inspiring or moving people’s interests in performing a certain job with a common motive of achieving a set objective or goal. It’s concerned with the capability an individual has in influencing other people to commit their efforts in succeeding in a...
This is a report on Harrah’s Entertainment Inc. and its strategic position on the market. The company owns casinos, hotels, and golf courses. Historically, Harrah’s Entertainment Inc. sought to compete against the industry’s leaders by increasing its presence in foreign markets. The company’s mission states: “Each of our brands will...
Abstract The road towards the newer millennium has been devised by IKEA based in Singapore. IKEA is working to improve the lives of people residing all around the world. The target that has been set by IKEA for the year of 2010 is to be the world renowned...
Introduction An organization has to communicate a lot of messages to a variety of people in its day-to-day business operations. The message may be either business-related or non-business-related. For this, a proper communication process should be used to convey the message. By analyzing the feedback or checking the result, one...
Company history Petroliam Nasional Berhad is a multinational oil and gas firm that is publicly owned. It is located in Malaysian with its headquarters at Kuala Lumpur. The company was established in 1974 within the major integrated oil and gas industry. The company has a total of 29,236 employees worldwide....
Introduction The problem at Sloan & Harrison law firm is the high turnover among its associates. This is due to dissatisfaction caused by issues such as lack of communication, work-life balance and mentorship. Analysis The mood at the firm among the associates has changed over the last few years and...
Introduction The selection interview is heavily criticized and currently seen as a contributing factor to poor job performance. The controversial aspect is that, a big number of people with high job performances have been employed using this criterion being questioned. Altogether, the blame cannot be placed on the critics or...
Introduction There are a lot of misconceptions in the workplace as to how to motivate employees to perform at optimum levels. Most managers especially those newly appointed unknowingly try to implement models and styles that worked for them but are not necessarily the norm for everyone. Occasionally, employers or managers...
This week has been very rewarding for me in the sense that I have been able to learn about something which I have always been interested about. This is the concept of franchising and the importance of service delivery systems in franchising. I know that franchising is an extremely powerful...
Introduction The Strategic Management Process (SMP) is made up of four elements viz. situation analysis, strategy formulation, strategy implementation, and strategy evaluation. These elements are steps that are performed, in order, when developing a new strategic management plan. Existing businesses that have already developed a strategic management plan will revisit...
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,...
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...
Introduction School programs are normally designed to accommodate and content students as well as the teaching infrastructure. In the modern society teachers and school managers are under pressure to meet the requirement and expectations of the public that mainly include parents, students and the government. However the increasing cases of...
Introduction GE side-by-side refrigerators is stated at Monterey (Mexico), than goods are shipped by truck to Pegasus (the USA) and delivered to distribution center. At this stage, GE has numerous competitors such as Siemens AG and Bosch. Both of these companies create effective supply chains outsourced abroad. Similar to GE...
Executive Summary The Oriental Organic Garments is a garment manufacturing company in London. It is engaged in production of garments from 100% organically grown cotton. For exploiting the increasing trend of organic cotton garments among the consumer segments in UK, the company aims to follow appropriate marketing and financial strategies....
Introduction The world of business in the twenty first century is getting more and more competitive as time goes by. The concept of globalization and free trade has only increased the issue further. This is true for any sector in the market which includes manufacturers, retailers, wholesalers, and service providers....
Introduction KPMG is one of the most renowned and largest organizations in the world which provides professional services to its client companies and shareholders (Gostick and Elton 14). The relationship chain of KPMG exceeds over 145 countries. Its name has been set according to the four names of the partners...
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...
Introduction Young workers are more vulnerable to exploitation as compared to old workers. This exploitation is base on payment and working conditions among other workplace issues. Many employees intentionally abuse the young worker’s rights, and subsequently expose them to brutal exploitation. Main text Employers have power over their employees, whether...
Introduction In this report, we decided to explore the possibility of introducing Simple liquid soap from the United Kingdom (the fifth largest exporter) to Thailand. Although the general soap market in Thailand is declining, the liquid soap market is growing continuously. For example, the leader of the soap market, P&G,...
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...
Introduction Traditionally, the duty of company’s management is to improve the financial welfare of the shareholders of the company by maximum profits provided it is under the law. This is the canonical law and economics account (Elhauge: 2004) Companies are therefore liable for any act(s) that causes more that usual...
Globalisation made the world shrink as the distance (both geographic and cultural) between people is decreasing due to the development of technology. Multinationals serve as one of the instruments of globalisation as they often shape the economic, social, and political landscape of countries to a certain or significant extent (Cohen...
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”...
Introduction Speaking about the expansion, business owners often focus on the pros and cons of new strategies for their companies. However, to get a full picture, it is also critical to evaluate such decisions with reference to positive and negative changes for new communities to be served. This paper discusses...
Introduction Hennes and Mauritz or H&M is a Swedish retail company that specialises in clothing and accessories for the whole family within the fast-fashion paradigm. It operates in 60 countries and has a developed vast network of online shops. Under the main H&M brand, there are several sub-brands such as...
Introduction Cooper’s Stage Gate process focuses on innovations during project management (Cooper, 2014). This technique divides a project into different stages separated by ‘gates’. These are referred to as the decision points that influence the movement to the next stage. In business organisations, the Stage Gate process is considered important...
Introduction Enterprise risk management (ERM) is an essential practice in businesses that are enthusiastic about dealing with uncertainties and their impacts on the realization of organizational goals. It allows companies to direct their effort to the most relevant risks that may hinder the achievement of corporate objectives. The future performance...
Introduction Starbucks is a globally renowned organization with close to 50 years of operation having been incorporated as a retail shop in Seattle’s Pike Place in 1971. The company has branches in approximately 30,000 locations evenly spread in many countries around the globe (Taecharungroj, 2017). Starbucks was started by three...
An attempt to transform the goals and aspirations of a certain company into a holistic picture is formed by its mission and vision statements. To attract consumers, to interest potential investors, and to argue the strategy of work clearly, relevant slogans are approved and promoted. As a target organization to...
Introduction It is argued that a company should employ comprehensive and efficient expansion strategies if it strives to maintain a sustainable growth in the future. In the case under consideration, Pret A Manger, a British fast food restaurant chain, is the subject of the discussion of an appropriate foreign market...
The term cooking the books is used to describing a range of fraudulent acts that companies attempt to provide false financial statements. Usually, cooking the books is associated with exaggerating financial data to report non-existent earnings. At the beginning of the 2000s, many Fortune 500 companies have been caught improving...
Introduction Negotiations are an effective way of making a good bargain or at least reaching a compromise among stakeholders. They take place not only in global politics and economics but also in everyday life when, for example, a person negotiates future wages at a job interview or resolves a conflict...
Introduction As a large retail company, Walmart established its presence in the American market quite a while ago. The organization has been widely popular ever since, becoming global within a relatively short period (“Our history,” 2018). If exploring the history and philosophy of the organization, one has to admit that...
Industry Background The sporting gear industry occupies a significant place in the business environment in Canada. The industry’s code, according to the North American Industry Classification System (NAICS), is 339920, which refers to sporting and athletic goods manufacturing (“NAICS Code Description”). The reason for choosing this business field is because...
Introduction A market economy strongly relies on its two main concepts – demand and supply that correlate under the conditions of a free market. Both demand and supply are affected by economic factors and shift according to the change in prices. However, there are external factors that influence these phenomena,...
The development of organizations often depends on the ability of leaders to inspire their followers and guide them through the complexities of different spheres of the economy. Authentic leadership is instrumental in achieving these goals since such leaders have the necessary qualities and skills. The existing theories have focused on...
Identification The more popular a brand is, the more attention its blunders receive from the public. Coca-Cola, the world’s leader in the soft drinks market, always tries to make its campaigns attractive and unusual. However, the attention driven by the organization’s advertising endeavors is not always positive. Over the long...
Executive Summary This study aimed at examining the relationship between communication, as an independent variable, and job satisfaction, as the dependent variable. The study analyzed previous studies on communication and job satisfaction in a bid to establish any relation between communication and employee job satisfaction. Also, the study looked at...
Introduction Organisational leadership is such a vital element, especially in shaping employees’ perceptions of work, responses to organisational change, and acceptance to organisational innovations to achieve high performance (Aarons 2006, p. 1162). Whereas transformational leadership aims at motivating and inspiring followers by paying close attention to their emergent needs, transactional...
What makes Hot Topic so successful as a retailer? What makes them so popular with their employees? How can they keep their success going? Hot Topic is an outstanding example of how a unique corporate culture could cultivate satisfaction among employees and promote the companys success. Several aspects make Hot...
Introduction Alibaba.com is the largest online sales and shopping platform in China. The company was founded in 1999 as a small enterprise that focused on providing a digital platform to enable other companies to list their information. Currently, the company operates two major websites namely, Taobao and Tmall. Taobao is...
Abstract The strategy of leveraging differences is new and provocative in the field of managing diversity. Therefore, effective personal philosophy should be based on uniting the traditional and new approaches in order to compete within the market and address the employees’ interests. Introduction My personal vision of diversity and inclusion...
Abstract This extended essay aims to examine whether Toys R us should Incorporate the use of online marketing in their sales plans within the vicinities of the Kingdom of Saudi Arabia or not. My scope is to scrutinize the advantages and disadvantages of using online marketing to purchase goods from...
Human Relations Human relations is the management process that involves bringing the activities of workers to match those of the organization. It also involves ensuring the individual employee objectives, goals, and those of the organization are achieved. While the organization is concerned with goals such as profit-making, growth, and survival,...
Description of Discipline / Subject Matter Organization involves the application of knowledge to study and investigate the actions of people within organizations. The organizational study belongs to the same group of disciplines as organizational psychology which also aims at investigating the behavior of workers in an organization. Additionally, the field...
General Journal of Communication Competencies During the past week, I have learned some information on leadership communication. I consider it is important from the general perspective as there are leaders not only in organizations but also in the everyday environment. Namely, I learned about four different communication styles including analytical,...
The TMS’s new decentralized IS structure The TMS’s new decentralized IS structure provided a strategy that promoted transparency in major organizational or business units. It enhanced business alignment with IS and offered locaattentionio The TMS’ new decentralized IS structure while promoting the vision of the enterprise. Moreover, the decentralized IS...
It should be noted that the contemporary business setting requires the presence of particular skills and character traits for an individual to be an effective leader. The leadership is a constituent element of company management that not only performs formalized guiding but also furnishes a variety of different functions depending...
Case Scenario The company selected for this scenario is Bechtel Group Inc. It is the largest construction and civil engineering company in the US, which specializes nearly every sphere of construction work ranging from infrastructure to mining and metals, oil, gas, chemicals, and nuclear engineering. It is famous for its...
Briefly summarize the key events surrounding the case The key events surrounding the case of Just for FEET Inc. include the beginning of the career by Harold Ruttenberg when an entrepreneur from South Africa had to move into the United States and start his business over again after making an...
Introduction The productivity of a company is dependent on its ability to proactively organise its human resource management strategy. As a matter of fact, labour is a vital factor of production that quantifies the performance, output, and goal achievement with optimal use of available inputs. The Barclays Bank in Stanford...
At the back of today’s fast-paced globalization and the establishment of new businesses around the world, which have resulted in increased competition, there has been a need for organizations to frequently change the way in which they conduct their activities to meet the ever-growing and dynamic customer expectations. This situation...
RedBalloon is a company based in Australia and is concerned with changing the manner in which people give gifts. The company also ensures that it enhances people’s feelings about receiving gifts. This means that they work hard to ensure that they change consumers’ perception about presents. RedBalloon works with all...
Leadership style is an essential managerial characteristic. According to Lewin’s model, there are three types of leadership: authoritarian, democratic, and laissez-faire (Marquis & Huston, 2011). Authoritarian leadership is characterized by rigidity, strict control, and discipline. Such leaders mainly focus on the desired results. Within organizations, authoritative leaders tend to ignore...
SWOT Analysis of Red Bull Strength The Red Bull Company boasts of an integrated marketing strategy that shifts from traditional advertisements to conventional practical approaches that appeal mostly to generation Y. This segment of the population, comprising 16-29 year-olds, forms the largest share of Red Bull’s market, which has enhanced...
Introduction The strategic change initiative is an important part of the strategic change as the aspect that influences the whole organization and all employees. The first step in implementing strategic change is usually called ‘strategic change initiative’ (Anderson, 2003, p. 89). As it is impossible to start without knowing what...
The personality of Ann Fudge can be analyzed by using the Five-Factor Model (FFM) that is often used to describe the behavior of an individual. First of all, one can say that she is open to new experiences and ideas. This is one of the reasons why she pays attention...
Introduction Today, the environment in which public organizations exist is rather competitive, but each company is willing to achieve success. Trying to enhance organizational effectiveness, they recruit talented personnel that should be directed towards task fulfillment. This aim can be reached only if an organization has strong and positive relations...
Abstract Business ethics take different forms and are applied at all levels and stages of its operation and management. The society expects corporations to adhere to a set of norms and rules for them to sustain their competitive advantages. In other words, corporations are expected to comprehensively practice corporate social...
Executive Summary In today’s competitive market, each company endeavors to gain advantages over its contenders. Managing human resources and work environment is paramount to enhancing efficiency and performance. To embark on the issue of fostering creativity and innovation in the workplace, one should consider the key determinants of a supportive...
Abstract Customer service is a critical aspect of achieving success in any organization. It includes all interactions between an organization’s employees and its customers. In order to improve customer service, it is necessary for an organization to train its employees. A customer service training program improves the knowledge and skills...
Executive Summary The Girlfunk Jewelry is a business that will specialize in the avant-garde line of sustainable jewelry targeting the celebrity customer segment. The business is based online and will have a strategic e-commerce platform for ordering handmade jewelry designs, which incorporate retro junk into high fashion futuristic funk. The...
Global Operation and Cultural Diversity Coca-Cola is an example of a company that commits to supporting cultural diversity among its employees in many countries around the world. The company’s policies on diversity are largely based on the fact that the company operates globally, and an important factor in its success...
Introduction Over the last few decades, multinational companies have faced serious issues concerning exploitation of workers. Additionally, multinational companies have been accused of unethical behavior in their overseas operations. Particularly, the companies have faced issues in their management strategies. The case study examines Mattel, Inc., which has encountered several issues...
There is a staffing problem that needs an urgent solution. The concern for many organizations is how to deal with staffing issues. The success of any employer relies on the quality of staff the organization has. It also depends on how one acquires and maintains them. The exit programs must...
Introduction This paper is based on the topic of management principles. It explores the topic by providing the definitions of manager, management, and organisation. The definitions are followed by a discussion of why managers are important. Other issues which are discussed include organisational structure, SWOT analysis, and organisational culture. Manager...
Introduction Organizations often determine their intended objectives and goals before establishing their specific course of action to help them accentuate and realize their goals. However, the most appropriate course of action can only be verified after a thorough analysis of the industry’s characteristics to determine the forces that influence its...
Executive Summary This report presents an opportunity analysis for an entrepreneurial concept of an amusement theme park based on the historical, mythical city of Cibola. The park would use unorthodox methods of design and offer an authentic historical and cultural experience. It is a bold and innovative idea, meant to...
Introduction The issue of governance has been proved to be of paramount importance for organisations that wish to remain competitive in the ever-changing market. Organisations have to embrace it in an effort of attaining their goals and objectives. Corporate governance is an important part of any organisation. Many definitions have...
Marketing Strategy for Pet Food Product This paper outlines the marketing strategies that I intend to use for launching my pet food product. The product is titled Nature’s Best and it is unique in that it provides natural ingredients that appeal to pets’ tastes and conforms to emerging market trends....
Introduction Marketing strategy is the marketing logic applied by firms to accomplish their marketing goals. A marketing strategy takes into account the cost of marketing, marketing mix, and marketing allocations to develop competitive settings. The objectives of marketing must be SMART (specific, measurable, attainable, realistic, and time-bound). An effective marketing...
Introduction Bulks of business entities employ the proposed Activity-Based Costing (ABC) approach to their distinctive pursuits of cost accounting (Vazakidis, Karagiannis & Tsialta 2010). Oseifuah defines ABC as an innovative cost accounting practice that cyphers and evaluates the cost and efficacy of activities, cost objects, and resources (2014, p. 585)....
Introduction For several decades, the dynamics in the marketing environment have shifted from predictable consumer trends to those that are complex and almost unpredictable. In the quest to unearth the factors that determine the trends and complexities surrounding client behavior, there is a need to examine the issue of social...
Introduction Companies that want to achieve their business potentials must be innovative and competitive. This approach will make it easier for firms to implement new strategies that can augment their competitive advantages (Rupini & Nandagopal 2015). Innovation supports the business objectives and goals of a company. Swarovski remains one of...
Introduction TerraCog was an organization that successfully represented the private business sector of high-tech industry. It provided global positioning systems (GPS) and other similar products that were always of excellent quality, which attracted a wide range of customers. The organization had never had issues with the competitive advantage and remained...
Introduction Strategic management encompasses a group of continuous deeds and well-calculated practices that businesses deploy to organise and/or set their assets in line with the established goals. Actions in strategic management have t be in line with the organisation’s mission, vision, and values. Activities in the discourse change the static...
Overview Sany is a Chinese-based multinational company specializing in construction machinery. Since its creation in 1994, it has grown to the leading company in the domestic market and, starting from the mid 2000s, reached out to the global scene, where it quickly became recognized and acclaimed for the fair pricing...
Personal Mastery Definition In the contemporary world of business, leadership is growing more complex and flexible. The skills of a successful leader are linked to a broad scope of factors some of which people can inherit as aspects of their personalities and characters, and some can be learned and developed...
Introduction The complexity of the marketing environment for organizations that operate in the current competitive market calls for the integration of marketing communication. This demand introduces the first question that organizations need to consider when developing a marketing communication policy in any market: Does the organization have the capacity to...
Crisis management planning is an organized way of mulling over the misfortunes that may affect an organization or individuals. In crisis management, flexibility is highly essential as opposed to a step-by-step process to accommodate possible dynamics. Flexibility helps in the diagnosis and addressing of specific issues. Although a crisis is,...
The Scandal When it comes to the types of fuel, the automobile preferences in the United States and Europe differ majorly. The cars powered by diesel fuel that produces the emissions of CO2 (carbon dioxide) are more popular in Europe, while the Americans prefer the vehicles running on gasoline that...
Introduction Professional development is closely associated with talents, abilities, and skills that should be gained for reaching professional growth. In addition, practical skills needed are based on various categories of learning from college graduation, training courses, educational practice to final courses. All these components are toughly intertwined into a complex...
The need for Castrol and similar businesses to invest in research and development Research and development (R&D) is extremely vital for a myriad of businesses especially those that serve a global market. Castrol has thrived in lubricating and motor oil industry due to intense investment in R&D. The following reasons...
Introduction Inventory refers to the number of valuable goods available in an organization at a particular time to ensure customer demands are met efficiently (Axster, 2006). Inventory management refers to the efforts taken by the management of an organization to ensure the maintenance of an efficient and economical amount of...
Introduction Background information The results of the previous studies have revealed the growing trends in increased interests to dine away from homes. The increase in these interests translates to the diverse nature of today’s generation. Food and beverage outlets in most cases are frequented by young and sophisticated individuals. In...
Employee productivity is an indicator that allows evaluating the effectiveness of staff performance. Employees of a company present one of the most significant resources and managers want their subordinates to successfully do the maximum amount of work for the minimum time. To calculate employee productivity, such indicator as workforce productivity...
Introduction Strategic planning is used to guide an organization during times of change. The plan applies external environments like the industrial environment and the economy. It creates concepts that strive to create an environment of healthy competition. It also comes up with ways of coming up with funding for projects,...
“The strategic management process begins when d firm defines its mission” (Barney & Hesterly, 2013, p. 8). For this reason, it is absolutely necessary to determine the mission of a company under analysis and understand all peculiarities of its functioning in order to make a well structured and comprehensive analysis...
Introduction Human Resource Management (HRM) is the most important corporate management department. It takes responsibility for managing the firm’s human resources to ensure its objectives are achieved according. Corporate leaders agree that people are the biggest assets of any firm (Armstrong, 2008). Unlike physical assets whose value can be easily...
Using the Big five personality dimensions, diagnose Mulally’s personality. How have these dimensions influenced his leadership at Ford? Personality is complex and varies according to different people. The big five personality dimensions are usually broad categories of personal behaviors and traits and though most of the researchers do not agree...
Introduction The contemporary business world values the incorporation of information systems to facilitate the realization of efficiency in the various business processes. Particularly, information systems integrate technology to improve the management of organizations in various aspects, including the racking of transactions and the facilitation of decision-making processes (Rainer, Cegielski, Splettstoesser-Hogeterp,...
Marketing The concept of online video promotion has allowed companies and organizations to fulfill their marketing objectives. Until recent times, organizations have had to rely on the experiences of marketing and promotional agencies or attend their online marketing seminars to comprehend how to create, manage, and even execute simple online...
Introduction The business environment has become increasingly multifaceted and unpredictable because of the unremitting changes that affect every aspect of life. This situation has led to counterarguments concerning the relevance of school curriculums in terms of shaping business practices. Various management theories have been developed in an attempt to improve...
Introduction Over a long time, managers were utilising financial measures in evaluating and analysing the performance of profit-making organisations. However, this situation changed following the development of a balanced scorecard (BSC) in the early 1990s. Through the inclusion of internal, learning, and customer perspectives in measuring performance, BSC has helped...
Introduction Corporate management is complex as challenges are often diverse. The ability of the managers to maintain efficient performance and the ability to prove resilient to the management wrangles are considerable factors that make managers proficient (Yukl & Lepsinger, 2004). More frequently, controlling the top management officials where personal interests...
Introduction Ambush marketing occurs when one firm opts to pay and become an official sponsor of an event and then another company attempts to ingeniously connect itself with the event without paying the required sponsorship fees. Techniques used in ambush marketing are several and include buying commercial time before and...
Introduction Every business from baking to banking depends, to some degree, on others for producing its products and services. The process of acquiring products and services for running one’s business is called ‘outsourcing’ in the business world. Though, outsourcing is not a new phenomenon for the companies, but in recent...
Situational leadership is one of the most commonly used leadership models in the contemporary world. Its history is rather short; however, its impact and effectiveness boost its popularity among some of the best business leaders today. As business environments became more intense and densely populated, business leaders started to experience...
Introduction The existing compensation system at Henderson Printing seems to be working properly, as all employees know how to maximize their annual bonuses. Even though it is not described in the company’s statute, the system is helpful for improving overall employee performance and increasing productivity because people know that their...
Introduction Leadership is complex and has various definitions, qualities, concepts, and theories. As such, different leaders apply different leadership approaches and styles. A comprehensive yet precise definition of leadership portrays leadership as a multidimensional process of identifying goals, motivating others to act, and giving pertinent support to realize mutually agreed...
Introduction The role of corporate social responsibility (CSR) has been increasing continuously in the business concept within the last years. According to Bueble (1), the prominence of CSR in recent years is “shown by the fact that 90% of the fortune 500 companies have explicit CSR initiatives today and an...
Introduction Founded in 2014 in Dubai Silicon Oasis, Lavender Landscaping is a fast growing company that specializes in providing affordable, but high-quality services to customers that value natural surroundings and want to embellish their houses or officers with beautiful gardens. The company owns a plant nursery with flowers and other...
Abstract Ergonomics is a consideration of several factors within a manufacturing plant, i.e. the environment, the work station, the task, the tool, and the organization itself which bears the culture. This dissertation focused on ergonomics intervention and quality implementation at Kemya chemical manufacturing plant. This company has been in the...
Introduction The US economy and transportation and logistics management are intertwined. A strong economy makes the management of transportation and logistics more effective. Quality transportation and logistics management results in a strong financial system. After years of recession, the US economy is gradually recovering. Indeed, the fluctuation in the economy...
Synopsis Panera Bread Company derived from a business that is known as the predecessor of fast casual restaurants and a pioneer of the industry called Au Bon Pain. This business began by a French oven manufacturer in 1976 as a bakery business. Soon, this business was purchased by Louis Kane...
Executive Summary Burger Hut is a small company, yet it is striving to enter the global economy environment and operate in the world market. While the entrepreneurship is likely to face rather tough competition with the companies such as McDonald’s, KFC, Burger King, etc., operating in the same market, it...
Abstract This paper focuses on the Management Information Systems (MIS) of two companies namely the Citibank International and Qatar Airways. The paper provides an analysis of each company’s hardware and software components in line with the organizational applications of each element. In this context, one organization uses the Information Systems...
Abstract This report entails an analysis of the conditions prevailing in the global retail industry. The report’s objective is achieved by evaluating the different marketing concepts and theories that IKEA has considered in its strategic marketing practices. The report assesses the market conditions affecting IKEA, which is a multinational retail...
What were the reasons for the adversarial relationship between Wal-Mart and Proctor & Gamble in the past? Despite the fact that Wal-Mart could not be considered a former rival of Proctor & Gamble (P&G), the relationships between the two left much to be desired several decades ago. Defining the key...
The breakdown of relationships between members of the noodle wheat supply chain occurred due to the contamination of the product and import refusal that entailed operational and financial losses. Of course, contamination is more than just a rude mistake made by the suppliers, as they knew about the norms regarding...
Compensation and benefits are the base parts of any employment relationship. Compensation and benefits are seen differently from the points of view of the employees and employers. Compensation is an important and multidimensional aspect that can be connected to such factors as motivation, job satisfaction, quality of professional performance, and...
Introduction Snapple Juice targets all the youths and young people. As far as market segmentation is concerned, Snapple juice targets the health conscious market segment (Snapple 16). The company brands and beverages target the youth and they have been doing well in this target market. All along, Snapple juice has...
Introduction Regulatory bodies usually strive to ensure that there are no monopolies in any industry. This is because, in a monopolistic market, there is no stiff competition between various companies. Lack of competition does not provide a monopoly with the necessary impetus to improve the quality of its products. TransGlobal...
Introduction The main purpose of the proposed study is to undertake a critical evaluation of the implementation of the balanced scorecard (BSC) within the Saudi Telecom Company (STC), with the view to exploring what managers and employees recognize to be the fundamental challenges associated with BSC implementation. A tangential purpose...
One of the key elements of supply chain management (SCM), the design of the agility strategy remains a major challenge for a range of companies due to the need to embrace a huge number of factors prior to responding to a specific issue properly. Hewlett-Packard is one of the organizations...
Small Change Situation Organizations often resort to transformational change when trying to rethink their place in the marketplace. The adoption of innovative business models may potentially trigger a period of transformation inside an organization (Hagemann, 2022; Perkin & Abraham, 2021). In 1997, Steve Jobs reduced the production of computers from...
Introduction Organic food delivery services are becoming more popular as the desire for nutritious and environmentally friendly eating increases. However, to build a new natural food delivery service, Fit Small Business needs to have a well-designed business strategy to help sell its five products/services. With a well-designed business plan, entrepreneurs...
Introduction The case study under review concerns Arthur Lawrence, a successful text broker who bought a shipyard to save his favorite town. He revived the yard after the 2021 post-war depression by having the company manufacture cargo vessels. Since 1939, the company has been in trouble due to the effects...
Each company that is engaged in production has a number of articles that need to be tracked. These include production items, expenditure items, and capital, and they are also the main ones since, by following them, the company will be able to plan its future activities and monitor indicators. Although...
Introduction As a background for analysis, the Great Rebate Runaround case is applied. Issues related to this case touch on the nuances of using rebates as an example of customized pricing, their relation to decreasing wholesale prices, and why Best Buy is considering dropping them. Despite different positive nuances that...
Management practices are essential in a business since they provide the way forward for the company to grow from the local level and traverse international borders. A business must have different plans to attain a good reputation and improve product consumption by the international community. The management must bring together...
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...
Introduction Increasing employee performance is a goal of human resource management. HR used to be primarily concerned with hiring, firing, and the conventional yearly salary review, but HR has been favorably reframed and has expanded in scope. The company integrates its human resource management strategy into the broader business objectives...
The leisure and hospitality sector is among the crucial industries for the US economy that consists of arts, entertainment, and recreation industries; food services and drinking places industries; hotels and other accommodations industries. Throughout the beginning of time, humans have engaged in leisure activities. From antiquity, musical ensembles, theatre, and...
Introduction The cultural background of negotiators plays an essential part in the course of discussion and can be a determinative factor of the negotiation outcome. Hence, culture may become a ground for conflicts, which must be managed using a particular strategy. There is a range of conflict resolution theories, but...
Introduction The theme of the seminar was leadership and management in the banking sector. The guest expert is David Boyd, Assistant Vice President of the Retal Community Bank, and he has 25 years of experience in the banking leadership role (Central Piedmont Community College, 2023). He spoke about the role...
Introduction My personal experience with a company with a high level of corporate social responsibility (CSR) is IKEA. A CSR company does not put its own profit first, it is much more important for such a business to demonstrate positive practices aimed at improving the well-being of the community (Winston,...
Companies are to focus both on internal and external stakeholders when making decisions and implementing new business models. The parties that are directly or indirectly affected by the company’s decisions or contribute to its operations are essential, as the survival of the organization depends on them. In this paper, Google...
Transformational leadership can be a good way for an organization to grow and improve with the right leader. The concept first appeared at the suggestion of leadership expert James MacGregor Burns (Randolph, 2021). Transformational leadership, according to him, is the shift of leaders and followers to a higher degree of...
Before analyzing the negotiation, it is necessary to consider the scenario and essential aspects such as purpose and participants. The interaction to be considered in this project is the negotiation of the sale of publishing rights for the book. I want to grant a second party the print and electronic...
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 The income statement, sometimes denoted as the profit and loss statement or statement of operations, displays the revenues and costs incurred by an establishment over a specific period. It assists business owners in making defensible judgments by calculating the net profit or loss for the period (Stobierski, 2020). The...
Introduction In order to improve their performance in the market, companies are introducing information management systems into their work. A management information system is a set of elements that are in relationships and connections with each other, forming unquestionable integrity and unity for collecting, processing storing, and providing information about...
Abstract Problem. Today, the Big Four accounting firms take up 99% of the auditing market and 40% of the consulting market. These companies continued their steady growth even during the period of the COVID-19 pandemic, which slowed down the economies around the globe. However, it is unclear if these companies...
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...
Ten McDonald’s employees in Reedsburg, Wisconsin, continuously reported workplace sexual harassment. The objections were repeatedly overlooked, which led to a worsening of the problem. One of the harassed employees resigned as a result of the spike in tension in the workplace. The way the complaints were handled led to unjust...
