11524 samples of this type
Abstract Compared to traditional e-commerce, the live streaming e-commerce model can provide consumers with a more direct and authentic buying experience, encouraging them to make purchases sooner. Recently, live streaming e-commerce has become a new channel for business development. This study looked at five aspects that influence consumers’ behavior under...
Introduction The three main instrumental values that have been determined through the Rokeach Values Survey have been formulated as broadmindedness, cheerfulness, and forgivingness. The three elements fit within the values hierarchy by highlighting the means through which goals are achieved. Thus, the instruments for objective-fulfilling aims include the aforementioned concepts....
Introduction An infant industry is a newly emerging industry that requires close attention and support from the state. As part of the car building, countries are increasing their technical equipment and developing their economies. In addition, states minimize the impact of cars on the environment by reducing exhaust gases and...
Introduction A diverse workplace entails a variety of individual variations within an institution. Workplace diversity comprises color, sexuality, ethnicity, mental and physiological impairments, and other unique characteristics. An inclusive workforce is one where individuals with all types of diversity and impairments feel accepted and their efforts are recognized (Agarwal, 2021)....
Introduction Any successful organization requires a robust business plan that fuels success. Caterpillar Inc. produces building and mining machinery, diesel and natural gas engines, industrialized gas turbines, and gasoline locomotives. The corporation’s key business segments are construction services, resource industries, and energy and transportation (CAT, 2022). Due to their strong...
The planning cycle is a step for strategy creation for medium-sized and small projects. The cycle enables one to have the ability to effectively implement the plan, cut costs, and ensure the company’s long-term viability. The planning stage will involve priority recognition, so the main thing to be characterized by...
Introduction Many companies believe that training answers all issues and that its absence is the root of many problems. Most people are familiar with the Kirkpatrick Model, which may be used to analyze and assess the outcomes of coaching and educational initiatives. This essay will describe the Kirkpatrick instructional and...
This study of American Apparel found ethical conflicts such as untimely paying employees, using taboo topics in the community to promote their product, and insults and abuse by supervisors towards rank-and-file employees. Taking a closer look at the problems of bosses’ treatment of rank-and-file employees, it’s worth mentioning that Dov...
Introduction Quality improvement is a process in which the effectiveness of all existing systems in the business is evaluated. Changes usually take place based on a structured approach and qualitative analysis of all work areas of the company. To organize successful improvements, regular data collection and analysis are accomplished. Business...
From a personal perspective, Home Depot is a company that epitomizes almost all elements of learning and value creation to the high extent. In particular, it has the highest level of motivating and inspiring people, developing leaders, and empowering employees at all levels. First of all, Home Depot defines the...
The ever-changing job market requires employers to be tough while making employment decisions. Management is tasked with preparing accurate job descriptions, which requires in-depth job analysis (Caldwell, 2018). The purpose of job analysis is to summarize the tasks, duties, and responsibilities of the job. Additionally, job analysis determines the key...
Introduction and Purpose Amazon Company is a technological business organization that offers e-commerce, digital streaming, cloud computing, and artificial intelligence. It is one of the most renowned brands in the world, operating in different countries. The enterprise is an online retailer offering products and services such as books, movies, electronics,...
The article was developed by Newman and Goode, exploring the different types of communication between supervisors and their subordinates. The authors identify four types of communication: task-oriented, relationship-oriented, problem-oriented, and mixed-type. Each type of communication serves a different purpose, and supervisors must be aware of communicating effectively with their subordinates....
Minimum Education Requirement The analyzed case reveals that South Illinois Electric Company (SIE) has been growing rapidly through acquisition. This achievement has played a positive role in attracting more clients. Such a change calls for additional workers to complete most of the required tasks (Nor, 2018). Judy Anderson has been...
Introduction Organizational leadership is a multidimensional position that requires skill in budgeting, timekeeping, and an awareness of the institution’s goals and principles. It involves a wider range of responsibilities than conventional management. In addition, corporate governance promotes the core purpose, sets the comprehensive strategy, and motivates individuals to use their...
Organization Description Human services agencies function as community-based organizations aimed at tackling a particular problem or a set of issues relevant to a significant population of clients. In particular, this organizational analysis report is designed to identify the performance characteristics and theoretical basis for the agency that provides human services...
This paper will discuss the topic of contemporary human resource practices. Nowadays, HR managers shift from traditional HR management, focused on handling labor relations, to strategic HR management, which aims to align HR practices with long-term corporate goals. Strategic HR managers recognize that people are the most valuable organizational resource;...
Project Cost and Funding The overall project cost of Eurotunnel was 10,116 million euros (Goldsmith & Boeuf, 2019). Out of 10 billion, “roughly 80% were financed by debt and 20% by equity”, which makes 8 billion euros for debt and 2 billion euros for equity (Shueler, 2007). Eurotunnel had many...
Every organization has a hierarchy of purpose, which helps it determine the projects to prioritize. In addition, it helps organizations allocate resources adequately and guarantee they go where they are needed the most. Resources allocation is essential at the operational land strategic level because it determines the success or failure...
The pandemic significantly negatively influenced society and the global economy. The pandemic had a massive influence on economics, enterprises, labor supply, and global supply networks, leading to considerable business disruptions. The constriction of the international supply chain brought on by the COVID-19 epidemic had a substantial impact on businesses (Donthu...
FreshDirect is an online grocery delivery service operating primarily in the US. As the title implies, the company focuses on the delivery of fresh produce, aiming at making grocery shopping fast and more convenient. During the COVID-19 pandemic, the company experienced unprecedented growth due to the restrictions. However, even with...
Introduction This presentation aims at analyzing the organizational change in Vodafone Qatar in 2018. On February 26, 2018, before publishing the annual report, Vodafone Qatar announced that it would exit the business in Qatar and pass it its joint venture, the Qatar Foundation (Holton, 2018). This presentation discusses the process...
Introduction The Asia-Pacific area is one of the world’s developed and fastest-growing economic regions. It has evolved as a crucial site for numerous multinational corporations, offering a broad range of benefits and prospects over the last decade. The introduction of Apple in the region has enabled realization of major challenges...
Introduction Walmart is a global multi-format company that specializes in retail, wholesale, and e-commerce through the Internet platform and mobile commerce applications. The primary external influence on this company comes from political factors, including government influences at the city and national levels, which reflect the requirements due to the spread...
First-level supervisors are responsible for the day-to-day operations of their department and report to a store manager or other supervisors. They may be responsible for hiring and training new employees, scheduling, assigning work tasks, overseeing inventory and stock levels, and addressing customer complaints or problems. To attain outstanding results, the...
The fourth industrial revolution, caused by the ever-increasing pace of technological innovation, leads to changes in production, which, in turn, also requires the transformation of the labor market. Indeed, the progress manifests itself in the growth of robotization and digitalization, which reduces the demand for physical labor. Instead, human capital...
The Business Model Canvas (BMC) is a strategic planning tool that helps businesses and entrepreneurs model, design, create, and analyze their enterprises. The nine key activities of the BMC are customer segmentation, value proposition, channel, customer relationship management (CRM), revenue model, cost structure, resources, infrastructure, and key partners (Siburian, 2020)....
Introduction Entrepreneurship is a powerful approach that guides investors to identify potential areas for doing business. In most cases, entrepreneurial ideas emerge as a response to a unique challenge in the market. Most of the presented theories and models make it possible for investors to identify appropriate opportunities, acquire the...
Introduction These days, all companies have their unique organizational culture, which supplies a decent level of performance and establishes a healthy and strong working environment. According to Spicer (2020), “Organizational cultures are the signs and symbols, shared practices and underlying assumptions of an organization” (p. 1737). However, the COVID-19 outbreak...
Introduction CSR is a concept of management that involves policies that institutions adopt to consider social, economic, and environmental implications while meeting the stakeholders’ and shareholders’ expectations. Numerous organizations list companies according to their CSR performance and these ratings often attract significant publicity (Porter, Michael, and Mark, 2006, p 3)....
Introduction At first, Starbucks serves as one of the wide-reaching coffee chains globally. It is estimated to have a revenue of $24 billion and more than 350000 (Snell & Lemley, 2017). The case study encapsulates Starbucks’ crucial steps it implemented to design a financial product anticipated to create an added...
Abstract The effectiveness of an organization’s leadership is among the most crucial variables determining its success or failure. Organizational goals are achieved by the leadership style of the person in charge. This report explores the influence and impact of leadership styles on a company’s success. Transformational, transactional, authoritarian, charismatic, bureaucratic,...
Introduction Traditional organizations were founded on the notion that the leader controls subordinates and that the organization’s strategy is dependent on the leader’s authority over followers. Daft (2017) acknowledges that there are four stages of leadership: control, participation, empowerment, and service. For instance, subordinates are supposed to be passive in...
Background Information An organization’s enduring competitive edge in today’s hypercompetitive economic climate is predominantly generated from intangible assets: human, social, and cognitive capital. Workers with the necessary aptitude develop intangible resources. By ensuring a sufficient supply of people with the required competencies, human resource professionals support organizational effectiveness in the...
American Airlines is foremost a service company, simplistically offering two basic kinds of services. Measured by its fleet, a number of passengers, and revenue, it is the world’s biggest airline company. Despite its size and influence in air travel, the company experienced significant financial struggles. It filed for bankruptcy in...
Abstract Change management in the era of digital transformation is a critical need for any company. Companies must adapt to the pace of external market change to maintain competitive advantage, increase profits, and increase customer base. Lack of such adaptability leads to loss of customer trust and, as a result,...
Self-motivation plays an immeasurably important role for any entrepreneur as it substantially contributes to the success of his venture. At the same time, self-motivation along with the motivation of others differ from other components of this success, such as luck, self-discipline, and thorough planning with the use of professional skills,...
Significant Factor in Resource Allocation and Business objectives The success of a project or any initiative relies significantly on the steps and strategies in place to allocate the available resources. Resource allocation is the responsibility of leaders in a setup; it entails assigning competent people some specific tasks necessary to...
Introduction An inbound call sent to an unhelpful agent or self-service application is referred to as a misrouted call. Dropped calls are at best an annoyance in business communications. Worst case scenario, they might halt a transaction in its tracks thus impacting the organisation negatively. Many procedures must be accomplished...
Digital marketing is a way to advertise goods through the Internet to develop communication and exchanges with customers (Pride & Ferrel, 2017). The four main elements of the marketing mix have been significantly influenced by digital marketing due to digital and social media advances and popularity. Firstly, it has noticeably...
Home Depot is a multinational home renovation company that deals with all products used in house installations and furnishing. The company’s value creation strategy is set to satisfy the demands of loyal and potential customers through quality improvement. Home Depot’s recent multichannel management innovation has enabled the company to decode...
Introduction As the world experiences the adverse impacts of climate change, countries have accelerated their efforts in transitioning from fossil fuels to low-carbon energy. The changeover poses a significant threat to the companies operating in the oil and gas (O&G) industry, as the prospective demands for nonrenewable energy sources are...
Daniel Goleman wrote the article called what makes a leader intending to analyze the impact and use of emotional intelligence in being a good leader. In this article, he analyses the different aspects of emotional intelligence such as self-awareness, self-regulation, empathy, motivation and social skills and how they make one...
Business organizations currently must have an effective warehousing and inventory management system for manufacturing equipment within the mining industry. Choosing the best methods for storing, supplying, and purchasing is crucial for quality and reliability in inventory management. Individual item criticality, which explains how important a component is, should be taken...
Background To begin with, the Swatch Group manufactures and distributes watches. They are the largest manufacturer in the world and have 156 production facilities around the globe (Deshpande et al., 2012). They did not limit themselves to producing and assembling watches for brand retailer companies. The company also provides different...
Introduction In the era of globalization, many companies seek to expand their business, yet facilitating knowledge transfer is a difficult task. It requires an employee who is not only knowledgeable in their sphere of competence but also willing to live in a foreign country for an extended period. Their communication...
Identifying, addressing, and preventing risks observed in the global economic setting from occurring represents one of the main tasks of an organization. Being one of the globally renowned brands, Boeing has been quite successful in its approach to managing risks, mostly due to the incorporation of the contingency framework. However,...
Philosophical Assumptions Contingency leadership theory proceeds from the fact that when choosing a management style, preference should be given to the style that most takes into account the peculiarities of the situation that has arisen. Philosophical assumptions of this theory are built around the fact that the complete absence of...
Caterpillar Inc., like other successful companies, resorts to making short and long-term goals to assure the necessary progress in its operations. The short-term mission of the company is expressed by dividing it into individual goals in areas such as operations and product management. The long-term goal of Caterpillar Inc. is...
Introduction Some people believe that the company’s marketing is the sole responsibility of the marketing department. However, depending on the organization and industry, various branches and units within the company can partake in this activity. It is a complex and integrated approach, but it might be highly effective in expanding...
Tesla is one of the most popular companies in the world. Its CEO, Elon Musk, is a highly influential, innovative, and intelligent person. The organization produces high-quality electric cars which do not damage the environment and help people stay safe on the roads. The company’s main values are protecting the...
Introduction Information sharing is an essential part of cooperation in the workplace, which means that the employees and managers should pay precise attention to it. Knowledge and information sharing in the organization is an initiative taken by respective bodies to ensure critical information is passed across the workforce. Firms provide...
Introduction ASOS plc is an online British retail company that deals with fashion and cosmetic items. This company was established in London in 2000 and primarily targeted the young adult audience. However, during its growth phases, ASOS endorsed a kids’ wear fashion line, which did not thrive as expected due...
The Company and Its History Nike was founded in 1964 by a University of Oregon track and field athlete named Philip Knight and his coach, Bill Bowerman. Nike was actually born as blueribbon sport however it was renamed Nike after a Greek mythology, goddess of victory in 1970 (Nike, 2020)....
Introduction It is important to note that a key part of one’s entrepreneurial competence involves an ability to properly spot and identify a critical problem or need, which requires addressing in a business-related fashion. The given problem identification and business venture proposition assessment will primarily focus on time management improvement...
Company rules, in a narrower sense, are referred to as a code of ethics, which implies a statement of company policy. It allows employees to become more familiar with the norms that must be followed. In addition, the rules include fundamental principles of moral and professional conduct (Gal et al.,...
Performance evaluation is the process of assessing an employee’s performance systematically. The procedure should be productive and formal to measure the worker’s job and results based on their descriptions. It gauges the value the employee adds to a company in terms of increased business revenue compared to the set standards...
Introduction The purpose of this report revolves around reviewing servant leadership (SL) as it pertains to early childhood education. The document explains SL as part of the author’s personal philosophy and discusses SL’s theoretical explanations and impacts on three dimensions of management. Although SL requires further exploration in early childhood...
Leadership styles have been widely known and discussed in connection to politicians, artists, TV hosts and other managerial professions. However, few people think about their own potential in terms of leadership. This is partially due to the fact that not all people become leaders, organizational or spiritual, and still fewer...
Introduction The Critical Incident Analysis (CIA) technique for responding to cultural variances provides a robust, subjective view of life. It eases the understanding of problems in any serious adventure, hence enabling managers to exemplify empathy concerning different cultural views. It fits occurrences that are important and have the propensity to...
Caterpillar Inc.’s goals are directed to maintain its sustainability and profitable growth. The short-term goals for Caterpillar Inc. are water consumption, workplace injury rates, and by-product materials (Caterpillar, 2019). Its long-term goals comprise green emission intensity, energy intensity, and an increase in alternative energy source use (Caterpillar, 2019). As a...
A competitive advantage in the context of procurement by an organization such as McDonald’s refers to its ability to offer customers quality goods or products with more value relative to competitors. Overall, a competitive advantage is built over time and involves complex contributions from different departments in an organization. An...
Background Activity-Based Costing (ABC) is a useful accounting method that enables managers the collection, analysis, and evaluation of a business’s investment and expenditure habits. The aim of such activities is to streamline production processes and reduce costs (Syreyshchikova et al., 2021). Specifically, ABC saves the company’s resources such as time...
Problem/ Solution Statement There is competition among Freshippo, unattended convenience stores and unattended shelves and the Amazon Go, the technology-driven new retailers in the new retail industry. The retailers had appeared in Chinese and U.S markets where they could do their businesses. An innovative initiative like ‘Daily Fresh’ and Hexioama...
Introduction Global warming is an environmental issue that has become a concern of every business. Environmental degradation and the use of chemicals that produce ozone gases contribute to global warming. Corporations produce everything that human beings consume and greatly contribute to global warming. Energy companies are the greatest contributors to...
Introduction Evergreen Marine (UK) Limited Company is a subsidiary corporation of the renowned Evergreen Group. The firm began its official operation in 1979 under the UK flag container having its headquarters located in London. It offers shipping, leisure, and aviation services across different destinations with approximately 600 employees. The report...
Introduction Since its establishment, Dell has achieved great success as a company that specializes in the PC market. Dell struggled to maintain a competitive advantage during its privatization in 2013. Carl Icahn, an investor, broadcasted on social media how Michael Dell and Dell Inc. were trying to defraud investors. In...
Introduction Aldi is a German-based discount supermarket chain that operates in several countries across the globe. Theo and Karl founded the organization after the Second World War (Gebel & Askinasi, 2019). Before they took over, their mother was running the grocery and transformed it into a supermarket offering goods at...
Nowadays, competition forces different organizations to search for ways to become the best amongst others in their field of operation. The range of possibilities might seem endless, from mastering the old techniques to hiring the most fitting people as their employees. However, nothing compares to a sudden innovation that can...
Current and Recent Economic Conditions The Canadian economy is currently experiencing growth that had already surpassed, in some ways, the pre-pandemic period when there was a significant recession. It is evidenced by GDP and unemployment figures, which slightly exceed the values of January-February 2020 after a prolonged increase from May...
The restaurant business is one of the constantly developing areas, and in many directions at once. However, it should be noted that only recently cafes and canteens have begun to actively introduce innovative technologies in order to modernize their production. The most important impetus and event for this was the...
Introduction A deeper understanding of the individual an organization is trying to reach is required for personalization and segmentation. It is the breadth and scope of that knowledge, as well as how it is put to use, that makes all the difference. Also known as one-to-one or individualized marketing, personalized...
Introduction Ethical decision-making in business is a matter of active debate nowadays, given the multiplicity of different scandals and crises that arise within the economic environment. Managers, especially those belonging to decision-making teams, have to thoroughly think about many elements of their organization’s activity and surroundings, such as its reputation,...
There are many different examples of entrepreneurship examples in the modern world that show excellent results in their activities. One such example is such a famous personality as Mark Zuckerberg. This paper investigates and analyses Mark Zuckerberg’s entrepreneurial profile, the CEO and co-founder of Facebook and the youngest self-made billionaire....
Background Walmart is an American company that operates the world’s largest wholesale and retail chain. The headquarters is located in Bentonville, Arkansas. The central regions of activity are the United States and Mexico. Moreover, Walmart has a significant presence in Canada, South America, South Africa, China, and Japan. Since 2003,...
Introduction One of the peculiarities of the modern world is the unprecedentedly rapid development of production as well as the sphere of services, which calls for especially thorough quality control. The latter requirement, in turn, is worth mentioning among the most powerful drivers of innovation; businesses have to adopt new...
Definitions of Variables IVs The independent variables in this study are the age and employment status of the participants. The differences in the chosen age range are insignificant, and young people of all ages equally often use food delivery apps. In addition, employment status presumably has no effect on satisfaction...
Introduction Market segmentation has become an increasingly popular concept in the modern world because companies want to target narrower audiences to increase customer satisfaction. This term can be defined as determining one or several market elements and serving consumers interested in this product (Camilleri, 2018). Market segmentation requires identifying a...
Marketing planning is a tool that helps a company monitor and controls the internal and external factors that affect profit. Thanks to marketing planning, each company division understands the enterprise’s competitive position and what should be achieved in the future (Fahy and Jobber, 2019). Malcolm McDonald highlighted several critical barriers...
Background Amazon is a well-known online retail giant that provides products and services to customers and third-party sellers across the globe. It was established in 1995 by Jeff Bezos as an online book retailer (Bidkar, 2019). However, the company now sells various products and provides a platform for sellers. Amazon’s...
Aspiring Entrepreneur An aspiring entrepreneur can choose between different business organizations, including sole proprietorship, partnership, or corporation. This paper intends to deal with different business organizations, including their benefits and weaknesses. Moreover, it is also concerned with keeping accounting information and specific business accounts inherent in a sole proprietorship. It...
Introduction Contemporary Approaches to Human Resource Management and Development Human resource management is a factor within the organization that prominently influences the asset value and competency in the marketplace. The department deals in the optimal coordination of employees towards enhancing appraisal exchange. The intensification in digital entrepreneurial practices globally fostered...
Organizational climate may be used to assess how workers feel about rules, procedures, and culture and to ensure that they are in line with the company’s overarching vision, long-term goals, and plan. This is crucial to create a work environment in which people like and prosper. Because it influences the...
Accenture is an internationally established organization that serves various consumers. As a result, it adopts unique marketing strategies to ensure that its consumers find value and benefit from its marketing strategies. However, given the complexity of its business, the organization must continuously evaluate its marketing strategies to ensure that they...
Introduction In 2009, Ford Motor Company was faced with a serious challenge to promote a new model in the American market. The difficulty of the situation was conditioned by the fact that Ford Fiesta did not align with the typical vision of a Ford vehicle in the United States. Unlike...
The concepts of morality, ethics, and culture of behavior are usually attributed to the field of non-economic relations between people. To some extent, they are associated with official relations, usually tied to service in government organizations. Meanwhile, it is exactly the entrepreneur who needs the image of an honest, deeply...
Introduction Diversity in the workplace is an essential factor that increases creativity and innovation and allows the organization to hire different employees, thus making its workforce inclusive. Different elements create diversity in the workplace, including gender, nationality, age, disability and culture. However, some groups are subject to discrimination and assault,...
Introduction Inadequate leadership in 4th Armored Brigade Combat Team (ABCT) has compromised the safety of service members and created conditions that do not allow them to properly recuperate. Unable to receive help from the senior officer, lower-ranking officers have to deal with overstressed subordinates, dissatisfaction, and even unlawful behavior, whereas...
The global expansion of the fashion brand creates several challenges for companies. In the luxury clothes industry, brand names and designs are important. The value to the customer is increased when the item is created in one global design center that supplies other locations with its designs. However, not all...
Analysis Therefore, it is necessary to proceed to the consideration of the case study, which is the basis of this work. The analysis is based on The Quality Tooling Company, which supplies organizations with engineering devices. Despite the relative success in the market, there has been a decline in the...
Life’s Abundance is a multi-level marketing type of company located in the United States which focuses on selling healthy dog food (WoofWhiskers). As it is a MLM company, it majorly relies on two aspects: proper communication among the selling parties and successful representation of the distributed product to the targeted...
The smartest person I know is my friend who studies programming at university while maintaining a personal start-up and having enough time to maintain a perfect work-life balance. I am smart in my life position and attitude towards people. It is closer to a common-sense smartness in the way that...
Products The Canadian Moose Hat Company has manufactured winter hats for almost a hundred years, especially for skiers and people who go camping or hiking during the cold winter. Most hats are designed and sold to men and women aged eighteen years and above, and men represent the highest sales....
The Build a Bear company is a prominent global company that produces “make-your-own” stuffed animal toys (Build-A-Bear Workshop). There are more than 370 Build-a-Bear Workshop stores across the world. They are located in the United States, Puerto Rico, Canada, the United Kingdom, Ireland, and France, and franchise stores in Europe,...
Executive Summary Countries and islands along the Pacific coast face numerous challenges in the shipping industry due to social, technological, climatic, and economic factors. Significant factors affecting the industry include capacity constraints, the smallness of the islands, economic instability, distance from large markets, and effects of climate change. This paper...
Company Strategy The Disney Company is an international multimedia conglomerate produces many different types of products and services, primarily in the entertainment sphere. The company HQ is based in California, although most of the organization’s business is done both around the US and overseas (“Walt Disney”). The biggest markets for...
Introduction There are some metrics concerning decision-makers’ performance and decisions themselves: efficiency and effectiveness. As a rule, decision efficiency is defined by the number of resources consumed in a decision-making process. Such resources may include time, during which all advantages and disadvantages are considered, money, which decision-maker is paid for...
This memo addresses recent events involving a former employee and accusations of breach of code of ethics resulting in her termination. Heather Smith worked at Lord Berkeley corp for six months before her termination over the aforesaid breach of code. The facts of this case were that the employee took...
Introduction A team is two or more people who work together to achieve a common objective. Moreover, a team might be formed for long-term cooperation or only meet for a few hours and complete a small task. From this perspective, group dynamics refer to how individual team members’ duties and...
A binomial tree is a financial tool that seeks to present a graphical representation of different intrinsic values that an underlying asset or option can take in different periods. The first general approach was developed in 1979 by Cox, Ross, and Rubinstein and has since become a popular method of...
Introduction The business under analysis is Avellin, a brand focused on industrial materials and automotive products. Avellin sells “resins and adhesive technologies,” as well as “lubricants and other automotive care products to commercial and consumer markets,” while passenger-car motor oil (PCMO) sales constitute its primary revenue and profit (Quelch &...
Introduction Effective leadership in any business organization guides followers to pursue their goals diligently, engage each other, and address most emerging challenges. Managers must establish a positive culture whereby workers can operate in teams and promote continuous innovation. Companies characterized by strong leadership practices find it easier to achieve their...
The brand is what differentiates a good or service from others. Thus, branding is implemented to distinguish something that one company offers from the same products produced by other entities. Having a solid brand facilitates high consumer loyalty, hence, profit (Keller, 1991). Since the provider of the goods is recognized...
Introduction Sephora is a beauty Products Company created in 1969 by a French beauty products enthusiast. However, in 1997, the business was acquired by Louis Vuitton Moet Hennessy (LVMH) (Moore et al., 2020). Over the years, the corporation has grown to become a leading retailer in the European beauty marketplace....
Introduction Customers have more options when it comes to where they purchase products and services in the more competitive marketplace. For an organization to attain its targets, it should initially discover what shoppers desire and then select the ideal approach to meet their demands and preferences. It might be challenging...
This is a pitch about an online reselling business that focuses on providing clients with items and materials such as clothes and bags. Online Reselling Business The focus of the pitch is to present a business idea for my online reselling business. The name of the business is Door-step online...
Introduction What does it take to be a successful entrepreneur? The answer to this question is proper decision making and performance of the business contributed by the entrepreneur determine the prosperity of the business. Decision-making goes hand in hand with performance in the business. The performance of the business is...
Introduction Vans was founded in 1966 by Paul Van Doren and his brother James. Initially, the company aimed to make long-lasting, washable, and cost-effective shoes in south California (Moon & Kiron, 2002). The firm made sales directly to clients and operated retail stores. Vans product promotion was through giving out...
Starbucks is the biggest coffee outlet in the world. The company was founded by Gordon Bowker, Zev Siegel, and Jerry Baldwin. Later on, Howard Schultz joined the company, and he took charge of the company’s marketing department. Under his leadership, Starbucks became the largest coffee retail outlet globally. Since 1987,...
beIN Media Group beIN Media Group is a corporation owned by the state which provides worldwide live sports events and entertainment across five continents. The organization is based in Doha, Qatar, and it distributes its services in seven different dialects covering North America, North Africa, Asia, Europe, Australia, and the...
Introduction Puma SE is a German corporation that manufactures casual and athletic apparel and footwear. With $6.8 billion in revenue and more than 16 thousand employees, the company is the third-largest sports brand worldwide (Puma, 2022). Significant challenges, such as the COVID-19 pandemic, and economic and environmental issues, enabled Puma...
Caterpillar Inc.’s Short Term and Long-Term Goals Caterpillar Incorporation Group acts like any other blooming firm and adopts short and long-term objectives to steer its advancement. Caterpillar’s long-term objective is economic prosperity, which will enable the firm to put more money into new goods and services while maintaining its worldwide...
Boston Beer Company (BBC) is faced with a critical decision that will potentially impact its operations and sustainability. BBC’s penetration into the light beer market should be based on its past, and current market positioning, and prospects. The company has primarily operated in the craft beer sector and has proven...
Lockheed Martin is an American aerospace company employing over a hundred thousand employees. As a part of the company’s ethics and diversity program, a document was published called Setting the Standard detailing Lockheed Martin’s code of ethics and business conduct (Setting the standard, 2020). However, some argue that a company...
Henry Mintzberg identifies ten key roles performed by managers of firms in his works. One of the first roles is a “figurehead,” which characterizes a manager’s legal, social and ceremonial functions and duties. In this case, a leader symbolizes authority, power, and high status. As a rule, subordinates see a...
All companies have their own level of labor productivity. Changing this level over time shows performance dynamics. Under the influence of various factors, the dynamics can change in a positive or negative direction. However, there is no doubt that the development of production occurs with an increase in productivity (Martini...
Abstract This research paper covers the definition, strategic effect, and stages of the product design process. This paper also discusses four steps of Vs. Model and the stages involved in their design and selection of product design process. Planning is the essential phase in designing any product. A series of...
Case Facts McKinsey and Company, a leading consulting agency, has agreed to pay US$573 as a settlement for advising Purdue Pharma, a drug company, on how to “supercharge” opioid sales. The agreement to pay the settlement was reached after the management of the consultation firm agreed with attorney generals of...
Introduction For a company to function effectively in the target business setting, it is vital to coordinate key corporate processes and different aspects of the firm’s functioning. Specifically, the structural, political, symbolic, and human resource-related frames should be considered as the key tools for characterizing the properties of a company....
Introduction The business context of focus for this discussion is SpaceX’s strengths and weaknesses. According to Pandya (2017), the United States is SpaceX’s primary customer with 23 launches. The company has launched various spaceships in its different missions, including geostationary transfer orbits, communications and weather satellites, human remains ships, and...
Introduction Choosing an appropriate marketing strategy is particularly crucial when starting a new business that needs to win its first customer and retain them. A restaurant with a starting capital of $50,000 is bound to face intense competition from many similar small businesses, and, as such, the choice of the...
The main contrast between the resource-based view and competitive positioning approaches is the ideologies behind the two. In a resource-based view, the usefulness of the available resources at the business’s disposal is critical in gaining its competitive advantage (Shibin et al., 2017). Therefore, when formulating a business strategy, the effectiveness...
By definition, teamwork refers to a group’s collaborative effort to attain a specific objective or accomplish a task in the most efficient and effective manner. In the current world, teamwork plays an important role, especially in heightening efficiency and quality, determining firm governance and strategy, launching and designing products, and...
Fixed vs. Variable Costs A company incurs costs during the production of its products. The costs that go into a product can be classified as either fixed or variable. Fixed costs are expenses that do not change over a period of time, irrespective of the volume of the output. Examples...
Apple Inc. is an American tech company producing smartphones, tablets, personal computers, and other devices with a broad range of accessories for them. As a technological company, Apple is directly affected by the technology life cycle – a theoretical concept explaining the customers’ willingness to adopt new products based on...
Tenzing Natural Energy Tenzing is a purportedly natural plant-based non-GMO energy drink. The company was started by a Dutch businessman who was a former Redbull marketing executive. It is marketed as a recipe inspired by the brew of Himalayan climbers with a triple hit of natural caffeine, vitamin C, and...
The Amazon supply chain is an astounding advancement in retail logistics. It continually optimizes every link in the chain to meet customer satisfaction, aiming to become the preferred retailer in America and beyond. With regard to Amazon’s expansion to the European continent, it has been considered successful in spite of...
Organizational citizenship behavior has been increasingly popular and focuses on a person’s action that is not openly acknowledged by the existing reward approaches despite its promotion of successful operations in an organization. It embraces factors such as courtesy, painstakingness, voice, help-giving, and sportsmanship. Among the five aspects, help-giving, which entails...
In the competitive job market, most view politics, influence, and power from a negative perspective. However, we have to learn how to apply the concepts ethically in our workplaces to achieve our goals. Power to facilitate promotion can be acquired by ensuring outstanding productivity. In essence, one must ensure that...
Introduction Budget is an important component of a company’s financial structure and may aid in its growth. Debt often has cheaper funding costs than stock, making it an appealing alternative for CEOs. However, a firm’s cash might be harmed due to interest commitments. When corporations employ loan capital for commercial...
Nowadays, many companies face difficulties in decision-making processes, as, due to severe market competition and COVID-influenced recessed economies, the cost of mistakes becomes incredibly high. To offset the possible negative implications of wrong decisions on the company, more and more managers rely on statistical data to help them make the...
Introduction Kevin Plank, a former University of Maryland football player, founded Under Armour in his basement. Under Armour manufactures athletic gear and accessories, recognized for its performance fabrics: equipment designed to drain moisture away from the body, regulate body temperature and improve comfort regardless of weather or activity level. Under...
Melissa Richardson sees a good manager as a person with advanced motivation skills, encouraging steady working relationships within the team of professionals. Richardson’s actions comply with her ideas: she joined training on team motivation and read books on leadership, discussed her team sales performance, and applied her motivational skills to...
Teams have been regarded as a major element in enabling institutions to improve business performance. They push individuals to innovate faster, exemplify higher productivity, see mistakes more quickly, and develop better solutions. However, some teams do not succeed in attaining the organizational objectives. Teams that succeed, as evidenced by the...
Project cost and funding mix According to the S.C. Roşia Montană Gold Corporation S.A (n.d.), the principal company shareholders are the state-owned mining company Compania Naţională a Cuprului, Aurului şi Fierului “MINVEST” S.A. Deva (former Regia Autonomă a Cuprului Deva, until 1998), with 19.31%, Gabriel Resources Ltd. based in Canada,...
Project cost and funding mix Egyptian Refining Company (ERC) is the largest infrastructure megaproject both in Egypt and Africa as a whole in the form of a public-private partnership. According to the Egyptian Refining Company (n.d.), this modern refinery is worth $4.3 billion. At the same time, equity capital is...
Introduction The modern market for goods and services is notably diverse. A particular management model is needed to properly control sales and increase the effectiveness of the marketing strategy. One of the fundamental points of this method is the product life cycle, which considers the different stages of the product’s...
Introduction Due to the current issue of climate change, many organizations tend to come up with solutions intended to remove uncertainty and recognize the need to attain stability and focus on economic and environmental benefits. Unilever’s history shows that the company was interested in sustainable well-being from its founding date,...
Workplace disputes are unpleasant, but unavoidable, and affect the overall atmosphere of the team. Workflows must be transparent and easy for employees to understand. If business processes are clearly defined, there is no room for confusion – the organization works smoothly. Because Diana had problems understanding the situation, a protracted...
Introduction Wells Fargo is one of the banking institutions in the U.S that faces significant ethical issues due to its distinctive practices. Over the decades, the company faced various lawsuits and scandals concerning customer relationships and breaches of their trust. A violation of clients’ rights in producers’ and consumers’ settings...
Management accounting is the task of the financial service of the enterprise: the financial manager or the financial director, but in many small and medium-sized companies, this function is assigned to the enterprise accountant. Financial accounting is regulated by documents and collects information necessary for the preparation of financial statements...
In 2013, Zappos which is an apparel retailer, announced that it was shifting its organizational structure a more fluid, less hierarchical form known as Holacracy (Nisen, 2013). The principle of Holacracy is that it eliminates traditional hierarchy by essentially removing all position titles, managers, and other means of subordination. Instead,...
Introduction Companies competing in the free-market economy are always risking facing bankruptcy and subsequent closing. Over the past two decades, in the United States alone, more than half a million businesses have been forced to file for bankruptcy (Statista Research, 2021). Some of them were internationally recognized brands, while others,...
Large corporations that create resources for human comfort and well-being rarely think about their actions on the environment. Environmental pollution is a severe problem, and the fight against it has been going on for decades. Corporations must be aware of their responsibility and understand how their activities are connected to...
Introduction A supply chain is a complete system that involves producing and delivering goods and services, starting from the initial stages of getting the raw materials from their sources to the final phases of providing the goods and services to the consumers. Factually, the supply chain encompasses all the aspects...
Introduction Amazon Inc. is a global online vendor and a pioneer within the online retailing space. It has achieved its popularity due to its positive and quality provision of goods and services to its customers, maintaining a competitive advantage within the market sector. However, the corporation has been experiencing cultural...
Process management Amazon is an internet-based retailer and web service provider with millions of customers. Its headquarters are located in Seattle, Washington. It has revolutionized online purchasing by making delivery quick, inexpensive, and painless for customers. This essay will focus on the process and location strategies it has put in...
Mapping Sociotechnical System Note: Red boxes include people inside and outside of the organizational system, green boxes – related organizations, and blue boxes – technology. The systems map presented in Figure 1 shows the crucial elements within the company and the external elements that may affect its business processes. It...
Introduction Interpersonal conflict is often referred to as a confrontation between two people or their disagreement on certain opinions and views. To form such a phenomenon, two contradictory opinions must appear. People, by their nature, often enter into various conflict situations and quarrels with each other. This is due to...
Many of the change leadership models represent the ways for an organization to make the most painless transition, yet they take different factors into their focus. Lewin’s theory is one of the oldest, and it has only three steps: unfreeze, change, and refreeze an organization to implement change (Hughes, 2016)....
