11515 samples of this type
Introduction Businesses are faced with different forms of risks originating from internal and external sources. For example, employees may be involved in fraudulent activities, hence affecting the organisation’s financial stability. Secondly, firms’ financial stability may be affected by economic changes such as the occurrence of financial crises (Anand 2007). Such...
Introduction In the contemporary times, event sponsorship is an accepted powerful product promotional tool that when used in conjunction with other marketing tools enables an organisation to reach its set objectives. Event sponsorship is a more innovative marketing strategy than other endeavours such as advertisement and product promotional campaigns as...
Introduction In the contemporary business environment, businesses do not exist in isolation. Nor do they just pursue the objective of making money. All the stakeholders, including the employees, customers, suppliers and the local community, are affected by the activities of the business in one way or another. The products of...
Executive Summary Richard Branson is one of the highest-profile billionaires in the world, and his status is a function of the development of a conglomerate of companies under the Virgin brand. His leadership style and the choice of organizational structure are quite unconventional compared to other companies in the contemporary...
McDonald’s Cash Flows The factors that could contribute to McDonald’s cash flows include inventory, accounts payable, sunk costs, low profits, and over-investment. The McDonald’s menu consists of more than 200 food items, and introducing the “Create Your Taste” burgers implies that all the ingredients necessary to produce the burgers must...
Organizational behaviour refers to the study of how people interact within an organization. It is important to indicate that this study is applied with the aim to make business organizations more efficient. In this case, the chosen company is situated in India and is known as Kirloskar India Limited. This...
Use of social media tools for recruitment by employers One of the most important activities that help organizations in creating a great workforce is the recruitment process. Employers in the contemporary world use various tools and strategies when recruiting individuals for their workforce (Broughton et al. 2013). One such strategy...
While exploring and trying to explain the role of leadership and performance management, Jamail (2012) offers a fascinating and insightful look as to what should be regarded as micromanagement and which one should not. From his point of view, micromanagement is a contextual issue—it should be defined or looked upon...
Introduction Branded as “Verizon”, Verizon Communications Corporation is an American company that specializes in providing broadband and telecommunication services. The company trades its stock on the NYSE but the incorporation was done in Delaware (Verizon, 2014). Summary of operations The company employs more than 176,000 people and obtains revenue exceeding...
Operational effectiveness, in general, refers to the way an organization sees the importance of operations in achieving strategic objectives and economic success. There are four stages of operational effectiveness, i.e. coming to a realization that processes are the key to high levels of performance and competitiveness. Organizations in stage 1...
What Is an HR Audit? Managing human resources (HR) is an essential part of any company’s operations. Unless appropriate tools for communicating with staff members are utilized, a firm is unlikely to succeed in its target market due to low motivation rates and, thus, poor performance. To ensure that the...
Abstract This paper compares and contrasts the process of accounting standard-setting and financial statement presentation among different accounting regulatory agencies in America. The key focus is on the SEC, FASB, IASB, and GASB because they are the main regulatory bodies in America. Comprehensively, this paper shows that these regulatory bodies...
Introduction Company G is a well-established organization, which currently operates in the electronics current market. Despite the extended years of operation, the company has some issues with the marketing plan, as they were not able to reach the desired goals in terms of efficiency and productivity. Recently, the company introduced...
Supply Chain Strategies: “Don’t Ship Air” and “Don’t Ship Water” The appearance of the principles “don’t ship water” and “don’t ship air” was mainly determined by two aims: optimizing the performance of supply chains and making it more “green.” Thus, the principle “don’t ship water” implies reducing the waste of...
How Does Transportation Add Value in a Supply Chain? The significance of the transportation processes in the supply chain management setting can hardly be overrated. Being an essential part of SCM (Wang, 2012), transportation affects the way, in which the products and services of a company are perceived by the...
Introduction Change is a common feature in organizations. The capacity to handle such changes is the core competence of success in organizations (Weick & Quinn, 1999, p. 362). Over the last two decades, the main drivers of organizational changes have been technological advancements, stiff competition, and fluctuations in the global...
Introduction Whenever faced with a decision, an individual believes in weighing the facts in an objective manner in order to make a rational and well-informed decision. In such incidences, an individual requires careful judgment although scientists suggest that one gets influence from internal biases. Different Businesses adopt varied mechanisms to...
Key characteristics of for-profit firms which create possible tensions between important stakeholder groups As stated by Milton Friedman, businesses are primarily profit driven and, as such, seek to maximize profits and reduce costs in any way that they can. Barriers to doing so come in the form of laws that...
Starbucks management style changes helped the company to remain competitive. It’s also related to Starbucks leadership style formulated by Howard Schultz. Read this essay to learn more about it. Introduction Starbucks Coffee is one of the leading multinational firms in the world. The company has over 18,000 coffee shops in...
International companies face a risk that affects the performance and management of a business. This public risk service has come up with an international country risk guide that helps Multinational Corporation to asses the political stability of countries in which the corporations wish to operate. The public risk service bases...
Executive Summary Effective service process development and implementation entail the interplay of various operations management considerations and decisions. The central aims of new service design to strengthen a firm’s competitive position and enhance process efficiency. This paper identifies the influential factors in the service process development in light of supply...
Introduction Whole Foods Market is an American company specialized in foods without artificial hydrogenated fats, colors, flavors, and sweeteners (Harbin & Humprey, 2014). The corporation embraces the best business practices to create a sustainable future. The firm has outlined specific quality standards that must be met by its suppliers. In...
Growth of store branding in the US over 25 years Based on recent reports, private label products are vital to the growth of retailers. In the past, private label brands competed with the national brands using the price-value proposition. With the tag of generic product offerings, they often attracted lower...
Blue Ocean Thinking Framework Hollywood Film Industry is one of the leading world movie producers that has been in existence since the twentieth century. Over the recent past, the industry has experienced the challenges associated with technological advancements that have reduced its purchases and sales volume. Critical success factors refer...
When Stages of the Supply Chain Are Considered Separately, why Is Sub-Optimization Likely to Occur? One of the adverse outcomes of increased performance monitoring is the inclination of the organizations to aim attention at a limited scope of goals. Such a process is called sub-optimization (Nohrstedt, 2015). The major reason...
Customer Need and Industry Trends Food truck business has high chances of becoming popular because food industry is one of the kinds of businesses that never go out of fashion. This business is designed to fulfill the customers’ need for food. The customers targeted by the food truck are hard...
Introduction Electronic Commerce popularly known as e-commerce refers to commercial transactions performed online via electronic means. They involve the use of computers and the internet to serve business entities and customers (Qin, 2009, p. 7). E-commerce has grown tremendously over the years due to the widespread usage of the internet....
Is Apple an ethical company? Find the answer to this and other questions in our Apple ethics case study sample. Here, you’ll find information about Apple ethical practices and issues and social responsibility. Abstract Companies are established within localities from where they operate. This fact alone compels them to put...
Promotional strategies of Maruti Suzuki India Every organization needs promotional strategies and approaches as they have a huge impact on the reception of the product. In this case, Maruti Suzuki India Ltd has unique products that must be aggressively promoted in order to beat the tough competition in the automobile...
Introduction The rapid growth of Web Reservations International (WRI) can be viewed as an example of how technologies can transform a certain area of economic activities. In this case, one should speak about the budget youth and independent travel market which passes through the period of rapid development (Savills World...
Identifying the problems that a company may face in the environment of the global economy is essential for developing a sustainable approach and becoming successful in the target market. The specified task is especially complicated for Indian organizations, which have to manage a variety of unique obstacles that the Indian...
Introduction Over the past few years, many companies have adopted social media as a platform for online marketing. Companies utilize social media platforms for product promotion, reputation management and profile development. This has made social media an important component of any company’s marketing strategy (Groeger, 2011). Organizations use social media...
Performance Analysis SWOT Analysis Strengths The only company in the northwest territories. First company in the northern region. Positive reputation. Strong domestic marketing. Can fix costs in the market. Weaknesses Poor management. Less focus on customer satisfaction. Unorganized. Harsh weather conditions. Remote areas (Hard to reach most areas). Opportunities Very...
Introduction Existing scholarship shows that leaders, through their leadership styles, approaches and practices, have the capacity to positively or negatively influence outcomes for their respective business organizations, employees, customers and stakeholders. Indeed, in the turbulent business environment of the 21st century, many organizations have managed to remain competitive courtesy of...
International business is impossible without proper supply chain networks. Global logistics are critical towards delivering quality products to different consumers. The term supply chain “refers to the processes involved in the distribution of different commodities” (Done, 2011, p. 3). Businesspeople should therefore use the best practices in order to have...
Coca Cola is one of the most recognizable brands and products in the world. It has a long history, and its expansion to all of the continents is remarkable. It is necessary to note that different companies employ quite different strategies to market their products in multiple countries. Thus, some...
Introduction As the global economy strengthens and economic borders are being broken, governments are increasingly pushing for accountability and ethical practices in business dealings. Accountability and ethics within an organization are functions of the culture within the organization. Organizational culture describes the particular set of values and norms that individuals...
A coherent logistics system presupposes that a strong link should exist between every single element of the company’s production processes (Ismail, 2008). The reasons for combining private and public warehouses into a single system, however, may not be obvious to an outside observer at first. The above-mentioned approach is traditionally...
Introduction Economists rate BP previously referred to as British Petroleum as the third-largest oil company in the world. Its locality in London. It merged with Amoco and changed its name to BP. It rebranded itself by creating a new logo, slogan, and tagline. However, the company was linked to a...
Introduction Effective leadership is integral for the successful completion of activities carried out by a number of people. By definition, leadership is the process by which a person makes use of the support of others to accomplish set objectives. The role of effective leadership cannot be overstated in modern society...
Introduction E-commerce is the use of internet platform to carry out business transactions. It entails digitalization of all business activities between an organization and its customers or clients. On the other hand, e-business refers to digitalization of transactions and processes within an organization. However, the two concepts have similarities owing...
Abstract Mergers and acquisitions are common business practices that have both benefits and disadvantages to the involving firms. Essentially mergers and acquisitions are often perceived as expansionist strategies employed by firms to ensure increased market share and capabilities. Firms merge and acquire others for various reasons. However, increased competencies and...
Burnout is one of the major reasons for the high rate of turnover in organizations (Childs & Stoeber, 2012). Clearly, companies have to operate in the highly competitive business world in quite difficult conditions, since such resources as funds, technology, human resources and so on are quite scarce (Childs &...
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...
Abstract As a rule, management prefers hiring experienced employees who have already worked in the sphere for many years. Still, any organization also needs to work with the most junior population of millennials who have different values, experiences, and educations. Professionals tend to notice that they are more entitled and...
Decision making is an integral part of management. On many occasions managers are not conscious of the decisions they make every day. Whether decisions are made consciously or unconsciously, they have direct or indirect effect on an organization (Russo & Schoemaker, 1990, p.23). To be good decision makers, managers have...
Introduction Natural disasters like earthquakes and hurricanes experienced in China, Thailand, and Japan affected not only people’s lives but also world businesses. A supply chain is the circulatory system of any company (Canis, 2011). It links the manufacturing and distribution departments of an enterprise to the world. In this era...
Introduction Ethics in decision making has been actively tied to the success and failure of businesses. In a world where social causes are becoming more relevant, the private sector has been forced to adopt corporate social responsibilities as a way of giving back to their communities, and their customers. Kumar...
Introduction A team within an organization is a group of managers, divisions, and employees who have achieved a high degree of cohesion and productivity, benefiting the enterprise. The primary reasons for the growth in the number of teams are that they enable a noticeable increase in productivity and quality of...
Introduction Trade unions are a significant component of a democratic nation that values the accountability of leaders, collective decision-making, and popular participation. The formation of trade unions came after many bloody fights and struggles for rights. Following their establishment, these collective institutions had a significant impact on politics, society, and...
Introduction Leadership studies have often focused on developing theory and offering propositions for practice. However, it is possible to explore a leadership situation and determine theories and models that are put into practice. It is essential to highlight that practicing leadership is not always premeditated, which means that theories only...
Introduction Financial statement analysis reviews and analyzes a company’s financial statements to make better economic decisions. These statements include the balance sheet, income statement, statement of cash flows, and statement of changes in equity. Financial statement analysis is a method used by stakeholders, including investors, creditors, and management, to evaluate...
Executive Summary This report reviews the features of Burger King’s innovative marketing approach, which was introduced in 2018. As the decision to use the mobile app and the geolocation of customers to offer them the Whooper for 1 cent is being implemented to compete with McDonald’s, the report discusses various...
Identifying Leadership Preferences and Influences My preferred leadership style is laissez-faire, when a leader provides less guidance and more choices to their team. The follower’s higher degree of independence appeals to me since he learns to make corporate decisions to benefit his team. When making any mistakes or leading the...
Introduction Steve Jobs is one of the most well-known entrepreneurs in modern history, and for a good reason. He co-founded Apple in the 1970s alongside Steve Wozniak and Ronald Wayne, and the business swiftly rose to prominence in the computer industry. Apple is currently one of the most valuable businesses in...
Introduction Project management is a crucial discipline that ensures the successful completion of projects within specified constraints, such as scope, schedule, and budget. To achieve this, project managers must effectively control the Statement of Work (SOW) and project schedule. In this essay, we will explore a specific method or process...
Introduction Under Armour Inc. is one of the major athletic wear companies in America and its constituent neighbors, dealing in various sports equipment and accessories. Starting in the late 20century, around 1996, the company has metamorphosed to become one of the largest enterprises in the athletic wear industry in America...
Walmart Case Presentation Walmart’s transportation network is quite effective at the moment. It is one of the factors determining the network’s success. Walmart’s supply chain is efficient and capable of responding quickly to emerging problems as they arise. However, there is always an opportunity to improvise and optimize the logistics...
Proposal Purpose Today, organizations compete for the most competent employees, resulting in job competition since qualified and innovative employees significantly impact their jobs. Organizations must retain the most productive employees and get the competent and right employees. Attracting and retaining employees who help the firm achieve its intended goal is...
Introduction Shopping in-store has been a popular activity for many years, but as technology and online options continue to improve, the convenience of shopping online has become much more attractive. Thus, it is essential to ask ourselves what the key areas of improvement are in terms of shopping in stores....
Introduction Groups of people working on a project often encounter issues, such as complacency or a lack of change. This can occur due to a lack of proper leadership or an atmosphere of outspokenness. Because they are unwilling to disrupt harmony and coherence, groups frequently avoid massive operational and organizational...
Innovation Type Dynamically continuous innovation: New to the market Innovation Concept The business is filling a need in the market by developing a product intended to make parenting easier on a daily basis. Thanks to the vest’s hands-free carrying method, parents may concentrate on their children without worrying about managing...
Introduction Human Resource Management (HRM) is a core element of a business organization that significantly impacts workplace safety. From the HRM perspective, safety encompasses the well-being of the business and its employees. Workplace safety is defined as a process that seeks to minimize or reduce the risks of employee illness...
Description of the Kaizen Organizational Change Approach The company under analysis is Google. Implementing an extensive organizational change program at Google requires applying the Kaizen approach. Under this approach, the senior leader should create an action plan focused on accomplishing different goals directed toward improving processes and staff performance in...
Introduction In the case scenario, the general manager sought a consultant’s guidance regarding underperformance and the poor relationship between the top manager and the junior managers. Sam has commissioned the consultant to diagnose the cause of the problem at the firm and provide recommendations that he can use to resolve...
Introduction In today’s technologically advanced world, where people of all ages are expected to be Internet-savvy, social media plays an increasingly important role. The given marketing plan provides guidelines for a newly established coffee shop franchise within a large and highly competitive market. The company aims to employ competent and motivated...
Executive Summary Bananas rank as the top fruit produced globally and are far ahead of any other fruit produced. However, it is also the world’s most wasted fruit. Therefore, addressing this issue and working towards finding a solution for saving the amount of waste that takes place with bananas can...
Introduction Working as a team on a software development project inevitably involves conflict, and Optimum Way Development is no exception. Five new team members had to be integrated into the Raleigh, North Carolina, team due to the team’s recent acquisition of a smaller software company with headquarters in San Jose,...
Introduction Definition of Trade Unions Trade unions, commonly called labor unions, are notable organizations formed by workers to protect and safeguard their collective interests. The theoretical foundation of trade unions in the contemporary world is the pluralist framework, which recognizes the constant conflict between employees and employers and the rules...
Introduction to Procurement Contract Types In project procurement and contract management, selecting contract types is critical for aligning the interests of the buyer and the seller. The three primary contract types are Fixed-Price, Cost-Reimbursement, and Time-and-Material contracts, each with unique characteristics and applications. Characteristics of Fixed-Price Contracts Fixed-price contracts, as...
Power There are five bases of power, each of which has unique characteristics and requires special attention. The importance of researching these aspects is that power lies in the ability to influence and affect other people (Northouse. 2020). As the main focus for the examination, such a type of power...
Executive Summary Tesla Inc. has become one of the most famous players in the electric car market in recent years and can truly be called the most popular at the moment. However, the company has recently come under scrutiny due to potentially unethical marketing actions. Tesla Inc. is accused of...
SEO Tai Kwun, situated in the heart of Central Hong Kong, is a unique cultural hub with the rich history of the former Central Police Station. Tai Kwun uses four non-commercial techniques to engage with the audience and promote cultural experiences. Firstly, website and search engine optimization (SEO) are two...
Executive Summary The report investigates AIG’s position in the insurance industry based on its market, financial, strategic, and societal aspects. The discussion uses various forms of analysis, including PESTEL, Porter’s Five Forces Model, VRIO, and SWOT. The analysis sought to find the company’s position based on its value, strengths, weaknesses,...
The Primary Points From the Reading The Harvard Business Review article “The Power of Small Wins” explores the concept of the ‘progress principle’ as a key motivator in the workplace. The authors, Teresa Amabile and Steven Kramer explain that even minor advancements toward a meaningful goal can significantly boost an...
Introduction Team leadership is managing and successfully guiding a team of employees in an organization. Therefore, team leadership is considered a critical element in an organization since it is the one that is responsible for the activities of the organization. The team leaders are the ones that are responsible for...
Executive Summary This paper provides a comprehensive analysis of PNJ, a company operating in the field of jewelry and decoration in Vietnam. The first part presents a forecast of financial indicators for the next five years using moving averages and exponential smoothing. The second part calculates WACC and the variables...
Introduction The rising cost of fuel, global recessions, lack of product differentiation among the airlines, and alteration of the aviation industry have made profitability aloof in the airline industry. To cover this gap, some airlines have looked for ways to generate income outside the traditional sales of airline tickets. The...
Introduction Hurricanes, tsunamis, earthquakes, and wars are emergencies that are beyond people’s control. However, they significantly affect all spheres of human life, causing damage and other negative consequences. The 2011 earthquake and tsunami in Japan was a prominent disaster that shocked the entire world. In particular, the automobile industry experienced...
Introduction Business is an essential part of society, as it provides people with products and services. However, the relationships between business and society are reciprocal, as companies are affected by the interests of various groups. Shareholders invest money that allows the organization to conduct its operations and grow. They also...
Introduction Mission mirroring is a conflict that arises in a non-profit organization and manifests as the problem it is intended to solve. This problem can affect different nonprofit organizations and impede them from achieving their intended social objectives. Main Body Mission mirroring arises from some employees finding a problem within...
Introduction The qualitative working environment requires different approaches to maintain the workers’ productivity and motivation. Among crucial aspects are ethical and jurisprudential issues, which should be followed to set high standards for the organization’s reputation. Such a tool as a pay model with different compensations is essential to manage these...
Introduction With varied forms, diversity has evolved into a vital aspect of contemporary social structures and corporate entities. As the global landscape becomes more diverse, the need to manage diversity effectively has escalated. Understanding how to engage, empower, and motivate individuals with varied backgrounds is crucial, as revealed by motivation...
Key Financial Statements and Their Role in Business Decision-Making The financial position of any business is communicated using three critical financial statements. The cash flow statement shows the cash movement inside and outside the business. The balance sheet, commonly known as the statement of financial position, shows the liability, assets,...
Risk Identification TransGlobal is a Filipino cargo carrier based at Clark International Airport. The airline offers scheduled and ad-hoc flights to the Middle East and destinations in North Asia. Risk impact assessment of the cargo airline indicates global congestion and rising and unstable fuel prices. An increase in jet fuel...
Introduction Fire safety refers to the condition of an object in which there is no probability of a fire. Specific measures are taken to eliminate it and exclude its negative consequences and factors if it occurs. Competent and accurate fire safety management is essential for the holistic provision of fire...
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 strategic plan for managing Lyre’s Non-Alcoholic Beverages is at the center of this assignment. This organization has established a strong position in the soft drink market, but a plan is recommended to be implemented to increase competence (Lyre’s, 2020). The company must expand its marketing strategies to reach...
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...
William Bratton’s Areas of Focused Leadership William Bratton exhibited excellence in two areas of focused leadership: other focus and outer focus. Still, who needs to be madder, not that he was good at inner focus, is not evident. Focused leadership involves being in touch with one’s emotions, controlling impulses, understanding...
Executive Summary The marketing management of Airbnb was looked at in this case study. The organization has used the marketing mix to attract potential customers through a value-based pricing strategy, targeted segmentation, and advertising and promotion. In addition, Airbnb has customized its marketing strategies using a data-driven approach, built a...
Exemplary Leadership Practices Contributing to William Bratton’s Success William Bratton is a well-known figure in the policing community who has successfully brought about reform in several law enforcement agencies. Gino and Staats (2015) argue that focusing on short-term goals rather than long-term learning, a culture of blame and punishment rather...
Concept of Production Function The production function is a mathematical formula that describes the optimal relationship between the variables and quantity of input for production and the output quantity. This idea was chosen because it explains questions about marginal productivity, output, and the most cost-effective manufacturing means. Entrepreneurship, labor, land,...
Change and Organizational Development Strategies Attempted by Enron When failing to adapt to changes, the first strategy employed by Enron was to fix financial reporting practices. Contracts with customers were not audited properly, leaving enough room for incorrect transaction interpretation and recurring revenues that went unnoticed (Eckhaus & Sheaffer, 2018)....
The SWOT Analysis of the Organization The company for which I work is the Early Childhood Commission (ECC) in Jamaica, an agency established by the Ministry of Education. Although the ECC is a strong institution, its strengths include a strong connection to the stakeholders and catering to children’s needs. However,...
Research Proposal Research Gap The multi-team system has been studied for its efficiency in different fields and spheres. Efficiency is defined by the time spent accomplishing the task as well as its quality (Kennedy et al. 2018). However, there are still challenges in studying the impact of individual parameters in...
Introduction Leadership is a multifaceted phenomenon that may be examined through various lenses. Power and influence are addressed in political science, business management describes leadership as effectiveness in outcomes or stresses supervisor-subordinate interactions, and history examines the impact of notable individuals during crucial times or while leading large social movements...
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 Drawing certain conclusions about the direction in which the company should move can be made after a thorough analysis of all components of the managerial and executive side and production. In addition, the company’s financial statements are an essential factor that should also be considered when creating a development...
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...
The competitiveness of an organization ultimately depends on how well its management can apply various approaches to enhance the productivity of employees, who are considered the main assets of the company as they offer the skills and performance that are detrimental to success. Managing employees is among the crucial tasks...
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...
Return on Equity (ROE) Return on equity, also known as ROE, is a measure of a company’s financial performance that is determined by dividing net revenue by the total amount of stock owned by stakeholders. ROE is commonly referred to as the return on net assets since shareholders’ equity is...
Abstract While the implementation of profit-generating initiatives is essential, the observance of ethical principles is necessary for consumer trust and loyalty, which determine the degree of success experienced by organizations in the customer service sector. Ethical leadership and training are vital to the delivery of services in the customer service...
Introduction There is continuous debate about whether businesses must consider the interests of their stakeholders, which include employees, consumers, retailers, and suppliers, or if they should just be concerned with producing profits. When a corporation evaluates the impact of its decisions/operations on the environment, workers, local community, and society, it...
Introduction The wave of globalization is allowing companies to develop and market a wide range of consumer goods to foreign customers using different strategies, such as direct exports and partnerships. Before pursuing such a business approach, investors need to conduct detailed analyses of some of these identified destinations for their...
Introduction A firm’s direction is solidified through its core values, proposed mission, and vision that its employees and leaders follow. It is vital for companies to choose a starting point for their operations that will justify the reason for their existence (Bright et al., 2019). The principles for generating such...
Managers’ cognitive biases can negatively affect their decision-making process leading to suboptimal results. They normally include confirmation, overconfidence, loss aversion, bandwagon, information availability, and anchoring biases, as well as prejudices towards others based on religion, ethnicity, gender, age, and group identity, to name a few. Although a person cannot avoid...
Introduction Today telecom industry is having ferocious competition where telecom service providers are trying to satisfy the customers. Despite various methods to attract and retain customers, customer churn remains a major challenge. In a more simplistic term, churn rate is the percentage of total customers who no longer use the...
Introduction Natural law protects individuals against discrimination in the workplace, enhancing their social well-being and interactions. In the U.S., there have been an increasing number of people who are discriminated against for their age, gender, race, and sexual orientation. Discrimination can have far-reaching impacts on the victims, their work, and...
Introduction In Our Iceberg Is Melting, John Kotter and Holger Rathgeber tell a story about penguins whose iceberg is melting and cracking to transfer the message of the importance of organizational change. In the ever-changing environment, companies are expected to continuously adapt to maintain their competitive advantage and reach success...
Current Primary Market Segment I have conducted a thorough market analysis of KiwiCo and am eager to share my findings with you. After carefully reviewing the available information, it is clear that KiwiCo’s primary target market comprises parents of young children under the age of 18 (Gifts for Young Scientists,...
Major Facts The Morrison Company is the firm that was founded outside Denver in 2003 by Jason Robbins, the organization’s president and CEO. The Morrison Company is known for creating radio frequency identification (RFID) tags. These are smart labels for the retail and pharmaceutical industries. It is known that the...
In 1366, the monastery servants from the city of Leuven built the Den Hoorn brewery for their own use. After almost four centuries later, the history of the world-famous Belgian beer Stella Artois began. In 1708, Sebastian Artois became head brewer at Den Hoorn. After nine years, Sebastian named the...
Introduction Most managers know that organizational culture affects the effectiveness of innovation. This knowledge does not make it easier to implement interventions and change. Employees may ignore the tasks just because these tasks conflict with the existing organizational culture. Organizational culture is the norms and values most of the organization’s...
Introduction Changing a company is a complex endeavor requiring a strong and confident leader. The case of the British company Unilever presents Paul Polman – a CEO who set out to radically transform the company’s vision. At the time of his appearance, Unilever was suffering from the loss of demand...
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...
Executive Summary Ecosia is revered as an organization that celebrates biodiversity and climate action. In 2019, it became the first search engine to empower users to make more environmentally conscious decisions. Ecosia provides users with additional information about their search results, including a green leaf icon to indicate planet-friendly websites...
Introduction A firm’s value proposition is a statement that summarizes how a company’s products or services solve a customer’s problem and what makes them different from competitors. It describes the unique value that the company provides and outlines the benefits that customers can expect from doing business with that company...
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 waterfall management method is the selected methodology for the airport marketing project. The airport expansion and supporting infrastructure aim to boost the tourism industry in Trinidad and Tobago and generate higher revenues for the airline. Marketing will play a crucial role in the success of the endeavor since...
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 Boeing is an international aerospace and defense corporation with a rich tradition of innovation. It manufactures commercial planes, military aircraft, spacecraft, and satellites. Boeing offers engineering, maintenance & repair, logistics, and more services. The corporation has subsidiaries, joint ventures in many countries, and collaborations with other businesses and organizations....
Introduction Tracing its history back to 1954, Burger King has successfully developed its franchises throughout the United States and worldwide. One of the major American fast-food restaurants, it has 19,247 locations around the world as of 2021. The company’s reported revenue as of 2021 is $1.81 billion and increasing, partly...
Introduction The financial operations of a firm can be overseen by the government of the country where the business is listed and concern various aspects, including dividends. In India, dividends are controlled by The Companies Act (TCA) of 2013, which is a modified version of the initial Act of 1956...
Introduction Apple Inc. is a technology firm founded in 1976. Since its formation, the corporation has expanded its business operation across the world. Currently, the business organization has several stores in the US, Africa, Europe, Asia, and North American markets. Despite rapid changes in the technology industry, Apple has managed...
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...
Introduction A management report is a critical piece of documentation for any business. It is a package of information from an organization to help in decision-making. The report must contain information about the organization’s financial flow and available capital (Kieso et al., 2019). Discussion The report should assess the effect...
The usage of social broadcasting sites such as Facebook, Twitter, Instagram, and Reddit to sell company services and goods is known as social media marketing. The company salespeople use the platforms to communicate with loyal and potential consumers to establish corporate culture, tone, and vision. Social media sales promotion is...
Introduction Expanding abroad requires a firm to possess a steady grasp on its initial region and a set of tools that can stabilize the situation in newly established divisions. Bharti Airtel has operated in India since 2004 and has several European partners from whom it drew its experience (Palepu &...
It is hard to disagree that one of the primary goals of most businesses is to maintain high competitiveness and be the main choice of numerous clients. In order to achieve these objectives, it is of vital importance for companies to select appropriate and effective strategies that would help them...
Soft skills can be defined as critical skills for a successful career and interpersonal communication in a team. They are necessary for any profession and are subject to change with diligent work on. At the same time, it is important to understand that this is an area that requires constant...
Any company may be regarded as unique due to an individual combination of its elements that constitutes its corporate culture. In general, corporate culture is defined as the collection of shared values, beliefs, standards, ethics, attitudes, and behaviors that characterize a company, guide its practices, and determine interactions between management...
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...
Effectual thinking implies the necessity of understanding the resources a person currently has at hand. Those resources may be different, from the finances an aspiring entrepreneur possesses to specific skills they have managed to acquire throughout their life. Effectual logic calls for analyzing the given means, or controlled resources, and...
Abstract This paper uses statistical analysis to compare the average sample cost per square foot to the reported cost per square foot. Data for the Pacific region is used to specify the study. This includes selecting a random sample, calculating descriptive statistics, choosing an appropriate parametric test, as well as...
Introduction Communication in marketing is a component of an organization’s overall marketing strategy that is both necessary and complex. The term “market communication” refers to all the other communication and media that a business uses to engage with its target audience. It encompasses various channels, including but not limited to...
Abstract Data Visualization Managers collect information, analyze it, look for the meaning inherent in the data and try to visualize the result to be understandable to the mass reader. The work of a data analysis specialist combines computer science, statistics, and mathematics. They analyze, process, and model data and then...
In a fast-changing world, the only constant factor is the influence of leadership. Leadership is applicable in every sphere of people’s lives, from politics and the workplace to households and a close circle of people. However, most of the time, leadership is discussed in terms of companies since the lack...
Introduction The tenth chapter of “Principles of Management” by Morden & Morden provided general information about the history of organizational structures, their development, and the implications of emerging organizational structures. Generally, an organizational structure refers to how authority, work, and information flow within an organization. Traditionally, organizational structures were hierarchical...
Consumers are known to buy products from companies to satisfy their own needs and wants. To have these needs and wants, consumers must feel that a gap in their preferred market for it to qualify to be a want. By realizing what the market lacks, companies utilize this chance to...
Ethical Methods to Address Financial Shortcoming According to the case study, the most appropriate and ethical technique to understand the financial situation is the evaluation of losses and positive relationships with workers. Hillside County Medical Center is a healthcare organization that provides high-quality medical services and aims to satisfy patients’...
Introduction Netflix was founded by Reed Hastings and Mark Randolph, who noticed a free niche in the video rental market associated with the inconvenience of using existing salons and services. Using an innovative approach in this business, they created the world’s first DVD rental. At the moment, the Netflix Internet...
Corporate Culture Affects Staff Performance at IHS Towers An establishment’s culture is its members’ collective set of shared values, opinions, and life experiences. Culture is made up of several categories, including common values and behavioural conventions. Corporate culture has become a hot topic in business and management study in recent...
The purpose of the marketing researcher is to produce insight to support the marketing manager’s decision-making. In order to discover and identify marketing challenges and opportunities as well as to create, enhance, and evaluate marketing activities, marketers do marketing research (Kotler & Keller, 2016). This activity establishes a connection between...
Introduction The name of Leo Burnett is imprinted in the history of American culture as a unique expression of the approach to advertising aesthetics as a particular type of art. The originality of the Burnett brand lies in the innovative introduction of memorable characters into advertising culture. At the moment,...
Introduction Cherng, the co-chairman of Panda Express, supports continuous learning by encouraging employees to commit to self-improvement. The company allows the employees to offer their opinions during training. Cherng and his wife, Peggy, the co-CEO, keenly observe little things such as tidiness, which they believe are noticeable by customers. The...
Leadership behaviors play a significant role in creating healthy work environments. According to Han et al. (2019), responsible behaviors among leaders are an instrumental factor that establishes and maintains healthy work environments. In their study that evaluated 384 participants in a different organization, Han et al. (2019) responsible leadership behavior...
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...
Walmart’s success and triumph over the other competitors in the retail business are attributable to its business model. The company’s pillar, “Everyday Low Price (EDLP),” appears to have played the largest role in ensuring that the stores attract and retain customers, given that most buyers are price-sensitive. While other companies...
