11446 samples of this type
Introduction The main idea of traditional photography is to create images from the film and use information obtained from the camera’s aperture. This field is characterized by regular innovations and technology to attract the customer’s attention and increase demand. At the end of the 1800s, George Eastman founded Kodak that...
Introduction A startup is a newly established business seeking to grow into a large enterprise or conglomerate. In this case, startups may either fail or succeed depending on the circumstances within which they operate. Some factors that make startup businesses fail include lack of good mentorship skills, mixing friendships with...
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...
In the Pre-Industrial Society era, Starbucks would have experienced opportunities and difficulties in an equal measure because it was a new concept. People would not have been familiar with their products, and selling their ideas to potential clients would have been difficult. One significant opportunity would be the chance to...
Saputo Inc. is a Canadian company that produces milk products and sells them in over 40 different countries under a variety of brands. It is among the largest dairy producers in the world, with massive production and sales volumes. Saputo’s facilities operate in Canada, the United States, Argentina, Australia, and...
Introduction Background Industry 4.0, which refers to the fourth industrial revolution and also known as 4ILR, is a digital transformation in the field of manufacturing, production, and processing that emphasizes the need for the use of artificial intelligence (AI) when making decisions and undertaking specific actions. Information has become a...
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...
Introduction The total process of controlling how resources are bought, maintained, and delivered to their eventual destination is logistics, and it is the main specialization of the shipping companies. United Parcel Service (UPS) is one of the biggest corporations in the United States delivery market, along with its main competitor,...
There are several advantages and disadvantages to global vs local recruiting. On the one hand, a negative aspect is considered the need for applying different approaches to hiring personnel. Thus, a technique is not necessarily globally effective if it is successful in one region (Gale, 2013). However, the talent pool...
There is a large amount of information that can help in determining the leadership style that suits a person. However, without knowing and analyzing their own traits, individuals will be able to achieve little. Thus, learning about oneself is an essential step in becoming an authentic leader (Northouse, 2022). Self-awareness...
Introduction The Container Store was established in 1978 by Kip Tindell and Garett Boone. It started its main operation with the ultimate aim of offering a solutions-based approach to retail at its headquarters at Capell, Texas, with 49 locations across the country selling more than 10,000 products. This unique approach...
The Concept of Corporate Social Responsibility Corporate social responsibility (C.S.R.) is a developing idea that lacks a broadly acknowledged meaning at the moment. Generally, the concept is understood by how businesses incorporate environmental, social, and economic issues into their moral standards. Furthermore, they may entail customs, strategic plans, choices, and...
Businesses undergo different changes when it comes to their operations and management. Changes in operations and strategies are the very known modes of change emerging from natural occurrences such as climate and weather while some are from economical enforcement. While there are different stakeholders in effecting changes, the key determinants...
Introduction Unethical activities that people engage in while doing business transactions include lying, stealing, false impression, engaging in conflict of interest, unfair advantage, improper personal behavior, hiding information, allowing abuse, and condoning unethical actions. In most cases, people resolve to go contrary to their moral expectations when in dilemmas. However,...
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....
Data play an essential role in the present stage of the development of society and human activities. Therefore, the more global a business is, the more seriously it should treat extensive data management. In particular, this aspect affects the process of making informed and thoughtful decisions. Consequently, this scientific paper...
Steps of Resolving a Conflict Conflict management is not yet its resolution since the main structural components of the conflict remain. However, all regulatory actions are either prerequisites for conflict resolution or the actual moments of this process. Conflict resolution is in its final stage. In all the various forms,...
Introduction Woolworths Holdings Limited (WHL) has been in the retail services business for nearly a century: during that time, it has achieved strong profit results. The company uses corporate management strategies to meet its sustainability goals and grow as a business to reach them. WHL competently manages its supply chains,...
PepsiCo Inc. is a multinational food and beverage corporation. It is to have multiple brands in various parts of the world. Its numerous brands market and distribute products in over 200 countries and territories. Frito-Lay is a North American company that sells branded snack foods, such as Cheetos cheese-flavored snacks,...
Introduction The invention process is a complicated and time-consuming phenomenon. J. Tidd and J. Bessant (2009) propose this theory concerning the concept of innovation. It starts with an image that might be considered a vision by others. And then, can the tiresome method of continuous checking and error occur as...
Software Providers With the recent rise of delivery services linked to the COVID-19 pandemic, many new players have been joining the market, causing an increase in software solution providers who seek to support newfound customers. There are numerous software solutions that are available to Talabat, although the focus will be...
Introduction Pfizer, Inc. is an American pharmaceutical company that specializes in the research, advancement, production, and promotion of prescription medicines for people and animals. Pfizer is among the largest global biomedical and pharmaceutical corporations. The firm’s headquarters is located York City, New York, USA (Pfizer, 2019). Charles Pfizer, a German...
Introduction to Problem Decision When organizations experience issues in performance, the lack of engagement, and high turnover, managers are tasked with the challenge of boosting achievement and improving organizational effectiveness. In the organization in question, Open Access Inc. (fictional name), the company decision that was made concerned the introduction of...
Abstract In the recent past, technology has advanced greatly, and every business is looking for a way to automate its activities. However, the advancement is associated with job losses since machines replace most activities performed by humans. This paper will qualitatively assess the effects of automation on the accounting profession...
Introduction Correctly defined business activities and objectives often promote the enterprise’s growth and ensure that its overall economic standing is stable for years to come. However, the corporation’s leaders should be especially knowledgeable of the specific organizational endeavors and their benefits for the desired developments, presenting the most crucial ideas...
Successful professional relationships are essential to working effectively in healthcare settings. Relationship-oriented work is a personalized approach to maintaining a positive climate within the organization. Professional associations include team members, colleagues, other professionals, and people who need treatment. Thus, the State’s professional attitudes require physicians to have the professionalism and...
A company is a business structure with separate legal entities from the owners. In a accompany, primary operations are run by the company directors while the company’s ownership is often in the hands of shareholders. In a company, the human resource manager holds major duties, including planning, coordinating, and directing...
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 According to Wapmuk (2021), the project cost of the Indorama Eleme Fertilizer & Chemicals Limited is USD 1.2 billion. The total debt financing is USD 800 million, and equity financing is USD 400 million. The main subjects of the financing were the International Finance Corporation...
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...
Ben & Jerry’s has a reputation as a socially responsible company. They try to combine, at first glance, difficult compatible things: to prosper financially and take care of people. They do not describe themselves as a vast conglomerate, striving only to earn more and more money every year. They, first...
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...
Zappos’ corporate culture is built on 10 core principles that are a priority for the company. The main principle of the company is to deliver WOW through service, which emphasizes the people and customer-centered approach. Additionally, the company strives to drive change, create a little weirdness and fun, be creative...
Steve Cahillane followed obstacle removal and employee empowerment, and visual communication steps. In the video, Cahillane emphasized the importance of visual communication to ensure that everyone was moving in the same direction. He also talked about how he focused on revitalizing the company by energizing the team and getting everyone...
The continuous flow process type model is the most commonly used model to measure the capacity of firms in diamond value chain stages. The model allows for examining how much service a firm can produce given its resources and the demand. This information is important for assessing a firm’s potential...
Introduction Decision-making methods in business, as in any other industry, are a multi-criteria task, often requiring preliminary and subsequent assessment of all possible options. The complexity of each case is determined by many factors that must be considered in the proposed solution. An incorrectly made decision can lead to various...
The objective of the writing is to identify and examine the values as well as priorities of servant leaders, on which those typically rely in their behavior. For maximal visual clarity, the author conducted research on two groups, comparing and contrasting them to explore the influence of particular decision-making patterns...
Introduction A data-driven integrated communication strategy for CrossHelmet’s Kickstarter campaign would increase brand awareness, generate more sales, and differentiate the company from competitor smart helmets. In this paper, a yearlong promotional drive is developed for CrossHelmet based on the analysis of the product, characteristics of the most likely customers, and...
Indra Nooyi is a businesswoman who used her networking intellect skills to transform her firm and win the hearts and minds of her staff, as well as build a massive system of communication. She utilized several approaches to boost her mental powers and manner of thinking in a short period...
Dexcom Corporation is a healthcare company that distributes generic, branded, and specialty pharmaceuticals in the United States. The firm’s main goal is to offer quality health care and enhance the quality of care through the products provided in the market. This paper will identify business-level and corporate-level strategies and evaluate...
Eli Whitney was an American inventor and industrialist. He invented the cotton-cleaning machine (cotton-gin), was one of the first to design the milling machine, and laid the foundation for mass production in mechanical engineering. He was also interested in the construction and modification of weapons. Eli Whitney saw the potential...
Tea Leaves and More, originally known as Global Tea Company, is a 1985 business established by three sisters in California. However, after the death of one of the sisters, their CPA, Raynold and his two other partners became the new owners of the company through acquisition. Under the new management,...
The US Gross Domestic Product (GDP), like in most other economies, is significantly dependent on the country’s workforce. Millions of people are employed in hundreds of industries in the US, contributing vehemently to various economic aspects. The link between fiscal growth and the job market is undeniable and has been...
Introduction Risk management is a process that assists businesses in detecting, monitoring, evaluating, assessing, and managing unanticipated business incidences by providing a consistent framework. This technique has been discovered to be helpful by disaster management groups worldwide. Nature and human social life, tourism, entertainment, and events, are all impacted by...
Creating a strong workplace culture that will allow keeping organizational behavior in order and promote corporate values in decision-making practice is paramount for any company. However, when building the required set of values and introducing staff members to them, managers often face the challenge of balancing organizational culture with national...
Investment activities are crucial for every organization because they allow businesses to generate revenue, promote future growth and development, and many others. That is why companies typically consider many factors and features to decide when and how to invest their funds. On the one hand, a business can rely on...
Zara’s capabilities to increase digital sales include robust supply chains, effective online store design, and brand reputation, but accessing emerging markets can become a challenge. There are several capabilities that can help Zara achieve 25% of revenue from its digital channel. These are mainly physical – i.e., relater to the...
A new generation of entrepreneurs will have to face the issues no previous generation has faced before. The environments are becoming increasingly multicultural, and today’s venturers must know how to meet the needs of customers with different backgrounds, lifestyles, and experiences. I decided to go even further than that and...
Abstract Transportation and logistics processes are an integral part of companies’ operations when dealing with customers and other businesses. In the conditions of the modern world, the role of e-commerce is increasing, which makes its adjustments to the logistics management of companies. In particular, this factor is of increased importance...
Introduction The modern economy is developing under the influence of many contradictory political, technological, social, environmental, and other trends. This increases the turbulence of the economic environment and uncertainty in making decisions related to management at all levels of the economic system. Accordingly, these conditions impose new requirements on the...
Background I selected GRI reporting framework because, besides providing services, tools, and training, the framework also provides materiality assessment services. For example, companies may disclose their climate change effects to investors and customers using the GRI Standards. It is therefore a good concept to learn since it is useful in...
Introduction Entering a foreign market can be a remarkable challenge even for highly developed large-scale companies. The case of Google China, a product designed specifically for the Chinese region, is an excellent example of a failed method of cross-country growth, an endeavor that cost Google substantial time and resources. This...
When people think of globally successful business endeavors, the McDonald’s company is likely to be the first one to cross one’s mind. Indeed, the rapid dissemination of McDonald’s franchises all over the world may be reasonably perceived as a manifestation of globalization because people from the polarly opposite socio-cultural background...
Abstract Accounting and finance are critical elements in the efficient management of a company. The information gathered from accounting analysis helps a company or an organization make day-to-day decisions. This study’s objective is to determine how effective accounting and finance are in eradicating or reducing risks from a company’s operations....
Abstract The COVID-19 pandemic outbreak has caused a social-economic crisis. It has had a significant impact on business processes. Leaders face challenges relating to a rapidly changing environment. Therefore, the unexpected outcomes of the issue should be solved by adequate leadership approaches. The situation demands adjustments in team management and...
Depending on the point of focus, the market strategies set and practiced within the large-scale food retailer firms might be categorized as outside-in and inside-out. Each of the categories maintains a set of its own benefits as well as disadvantages, which come from the management team prioritizing certain tools over...
Businesses can use various strategies to achieve their goals, and it is necessary to understand their pros and cons. In the beginning, it is necessary to explain what “inside-out” and “outside-in” strategies mean. Firstly, an “inside-out” approach implies using companies’ internal resources and competencies to gain shareholder value (Lagerstedt, 2014,...
Variety and assortment are crucial retail market structure elements and have some distinguishing features. The significant difference between assortment and variety is that assortment refers to the number of different items provided in a category of merchandise. In contrast, variety refers to the quantity of the types of merchandise that...
Abstract Infortrack is a start-up company specializing in eCommerce and parcel delivery. The company operates on stand-alone offices distributed in London, Liverpool, Manchester, Bristol, and Chester. The different pickup stations use different data analysis applications such as Microsoft Excel, Statistical Package for Social Sciences (SPSS), and WorkBooks to capture and...
Over the past couple of years, Marriott Hotels has introduced several vital changes to its performance framework, outlining the special importance of its sustainability-driven approach. According to the 2020 report, the company has been changing its framework to show the progression toward greater social awareness, specifically, regarding the company’s impact...
The BCG Matrix is a tool applied for long-term strategic planning efforts, and in this discussion board, it will be applied to analyze Apple (Hanlon, 2021). The “dogs” are the iPods, which were expected to change the customer’s perception of headphones but failed to gain significant market share. The “cash...
Introduction Higher levels of education are meant to prepare students by providing the knowledge, competency, and skills necessary to succeed in their industry. Business administration is one of the most complex fields, both academically and practically, commonly requiring completing a challenging master’s in business administration (MBA) curriculum. While such academic...
Frequency marketing is an advertising strategy that aims to encourage regular customers and those who buy products in considerable amounts. The company encourages consumers with discounts and material gifts, but prizes may vary depending on the organization. Sales promotion is a system of planned advertising events united by striving to...
Pepsi was lately embroiled in an argument over an advertisement published in April 2017. Kendall Jenner, a white model, appeared in the commercial handing cops a can of Pepsi to terminate what seemed to be a Black Lives Matters demonstration (Bowers et al., 2017). Individuals immediately took to social platforms...
A joint venture involves a business partnership between two businesses that intend to benefit from the partnership but also deal with the risks of cooperating. The venture is guided by law that defines the nature of attachment. The following analysis involves a joint venture between Eli Lilly and Company from...
Many organizations have failed because they are unable to keep up with the needs of the market and adapt to the changes of the rapidly evolving market. The tendency to be too complacent leads to less innovation, especially if the company dominates the market. This leads to laxity, which in...
Executive Summary Information collected and stored by companies is usually used to optimize its production and service delivery procedures to attain desired outcomes. The generation of significant data amounts poses considerable challenges; it adversely impacts the proper management and meaningful use of this information. Big data surpasses the conventionally used...
Wal-Mart Stores, Inc. was established by Sam Walton at Rogers in 1962. This business has encountered immense growth after achieving an annual income of one billion dollars in seventeen years (Ellickson, 2016). This tremendous growth has made the store enter the global market. Wal-Mart has launched stores in various countries,...
One of the main reasons for communication failures is insufficient awareness of the other’s culture and traditions, lacking background knowledge, and intentions to learn it. An accurate translation can improve the brand message and convey the desired meaning. However, some companies, such as Target Corporation, already have an established negative...
The Just-In-Time inventory approach, commonly referred to as JIT, has been adopted by a number of successful companies worldwide. It is a somewhat recent development in operations management that ensures labor, goods and raw materials arrive at the premises exactly when needed for the production process. For the purposes of...
A team is an organization of two or more individuals aimed at performing a particular activity. The tasks are shared amongst the team members or can be handled by all the individuals. A team-based approach does not work well for all companies because teams encourage bureaucracy by prioritizing opinions and...
Introduction As technological and economic systems develop around the globe, many manufacturers, producers, and suppliers have entered the market. In other instances, large companies have taken up the smaller companies, making the market more competitive. ABB Motors and Mechanical Inc. is one of the companies that have a significant share...
The Volvo commercials outlined in the chapter achieve the Attention, Interest, and Desire steps of the marketing tool AIDA process. According to the AIDA framework, after seeing the advertisement, the customer will first pay attention to the product, then spark interest in it, followed by a desire to buy the...
Walmart Inc. is one of the world’s largest retailers, which weekly serves 260 million people (Leggate, 2019). It is crucial for companies of this size to ensure that their operational planning and scheduling are at the highest level. Operations planning involves creating short-term goals and milestones, which are necessary for...
According to predictions, organizations and people will increase the world’s data to an unimaginable 44 zettabytes soon. Furthermore, 80% of this data will be unstructured, while around 60% will be copies of the original information (Mohamed, 2017). Before introducing changes at Siemens Healthineers looked diverse, unstructured, and hardly could be...
Annotated bibliography Aljafari, A. (2016). Apple Inc. industry analysis: Business policy and strategy. International Journal of Scientific & Engineering Research, 7(3), 406-441. Web. Aljafari’s article gives details about Apple Inc.’s business strategy and policies that make the firm more competitive than Microsoft, Google, and Samsung among other top competitors. For...
Samantha Gerson is a twenty-six-year-old founder and CEO of UnBroken, which is a non-profit organization offering legal, vocational, and therapeutic services to individuals who survived institutional abuse and conversion therapy. The importance of Gerson’s current entrepreneurship lies in servicing as many young people as possible and offering innovative research on...
Apple Inc. is a technology company, which sells electronic equipment, online services, and computer software. It practices different business models, especially B2C, which is the most common. However, Kim notes that the organization should also be regarded as B2C brand (2017). Both models, which are highly effective for the company,...
The greatest takeaways from the course are all related to the importance of tailoring any organizational behavior interventions to the specific organization. An example from the latest reading, formalization, guides employees, an excessive level of formalization can unnecessarily complicate the decision-making process or prevent employees from resolving customers’ issues (Bauer...
Workplace sexual harassment is a safety issue because it leads to lasting mental and physical health problems. For example, women who have been victims of sexual harassment at their place of work have a higher likelihood of developing high blood pressure, which exposes them to the risk of heart attack,...
Introduction The newspaper industry has existed since the 16th century and has evolved with time. Newspapers began by being the most accessible and affordable source of news back in the days. However, the digitization of news has changed the world of the newspaper today. Observer Centric Company covers local news...
Nokia Corporation also referred to as Nokia, is a Finnish multinational company that was founded in 1865 as a paper mill and is the world’s largest manufacturer of mobile phones. In order to ensure the achievement of the set objectives, organizations require performance measurement which controls checks and balances of...
Most workers in different industries are members of labor unions, which they use as a tool for ensuring better payments and working conditions. While unionization has several benefits for both employees and employers, it is also associated with various disadvantages. Unionization ensures higher wages and greater equality for the employees....
Executive Summary Introduction Ten years ago, if one asked food and beverage executives about the US consumer’s future, few would have predicted how fast and relentless change has come. In their purchases – or lack thereof – Americans have contributed to abrupt landscape shifts, less a development than a historical...
Multichannel distribution is regarded as an essential element in today’s marketplace because it uses one or more sales approaches to reach target customer segments. The benefits of using several channels, such as the Internet, call centers, direct marketing, catalogs, and home networks, to increase market outreach include creating more ways...
Introduction Chain store creation has debilitated markets, eroded public character, and disadvantaged communities and traditional life. Furthermore, consolidation has minimized competition and could hurt customers in the long run. In contrast to the conservative wisdom, the decline of Small and Medium Enterprises (SMEs) is not inevitable, nor is it simply...
Generation Gap: Definition It is quite rare that a workplace setting is represented by one generation. Instead, most companies have a mixture of generations collaborating as a team. In the contemporary corporate environment, the presence of four generations (Baby Boomers, Generations X-Y, and iGen) is a common occurrence. Herein the...
Introduction The purpose of this paper is to critically evaluate the effectiveness of the system of corporate governance in the UK. Corporate governance is “the system by which companies are directed and controlled” (Cadbury 2002, p. 7). There have been significant developments in the UK’s corporate governance system since the...
A business incubator connotes a group which is informally or formally organized with the aim of providing entrepreneurial ventures with the resources regarded as critical in their journey. The facilities target to inspire sharing of different ideas and knowledge among the incubated firms and offer network services (Høvig, Pettersen and...
The world’s production gets severely impacted by a number of macro and microeconomic factors daily. They are essential to consider and plan the potential response to any arising issue. However, in the regions most susceptible to natural disasters, such as seismological activity in Japan, these plannings become more challenging due...
This new energy drink aims to cater to the consumer’s demand for healthier options with less sugar and caffeine. Moreover, this beverage is manufactured in a local community, which is another selling point for conscious customers who want to support local brands. Some issues include intense competition in the market,...
The essence of competition is to improve or maintain the company’s position in the market, which is achieved through differentiation and innovation. Over the past decades, innovation has become a must for a successful organization. This was facilitated by increased competition, which forced companies to constantly increase the efficiency of...
Introduction Strategy implementation entails the process of turning plans and strategies into actions to accomplish strategic goals and objectives. A strategic plan’s performance is more significant than the strategy itself, and many companies having strategic plans usually fail to implement them as required. Moreover, many businesses have a good plan...
Vipshop Holdings Limited is a Chinese online retailing company specialized in selling popular brands’ clothes, goods, and apparel. Established in 2008 by Eric Ya Shen, it operates via the vip.com website and has the headquarters in Guangzhou, China (WSJ Markets, 2020). Vipshop is the largest online store based on providing...
Identification of the Main Problem Brandon Miller aims to establish a business that is the distribution of Fiji water for Monroe and Wayne market areas. However, before making a decision, he intended to conduct a quantitative and qualitative analysis to ensure that this opportunity is an affordable and profitable one....
Introduction This is a study about the international sales operations of Monster Health care Company (MH Co), headquartered in the northeastern part of the United States. As Vice President of International sales, I am responsible for the company’s sales operations outside the US. Even though it ensures all facilities and...
Product performance and aesthetics are often compared in many discussions about which product qualities are more important to the overall success of a brand. Some experts say that buyers appreciate functionality and meaning first and foremost. Others point out that form is a continuation and addition of functionality and meaning....
Introduction Apple is a multinational technology firm specializing in the design, production, and sale of consumer electronics, including smartphones, personal computers, and accessories. The American company is headquartered in Cupertino, California, and has been in operation since its 1st April 1976 founding (Levy, n.d.). In 2018, the company broke the...
McDonald’s is one of the most popular fast-food restaurants, and its success is defined by compliance with the needs of the present-day business world. However, any company has specific strong and weak points, and their consideration allows the managers to readjust the operations according to the current situation. Therefore, the...
The urge for a consumer-driven economy has recently been rising as many companies striving to achieve it. Due to globalization and increased competition rates, the market has transformed rapidly, and most organizations have continuously altered their operations to adapt. Subsequently, change management has become an essential aspect of firms today....
Introduction The desire to become an entrepreneur is aroused by different factors among men and women. According to Anne Laure Humbert and Eileen Drew, gender plays a big role since social factors tend to affect more women than men. Issues such as marital status, demographics and social trends have been...
Introduction FASB and IFRS are institutions that formulate financial reporting standards and frameworks. The FASB is recognized by many other similar US bodies and is the primary regulator that creates and annually optimizes financial reporting standards for US companies. IFRS is an international regulatory body that develops and updates reporting...
In management, internal alignment refers to relationships between interdependent social and technical elements within a company that ensure its effective functioning. The main components of the organizational alignment model are structure, task / work system, and people (Lane & Maznevski, 2019). At Toyota, all elements of this model are well...
The organizational structure is a set of organizational units, and their interrelationships, within which management tasks are distributed between the units, the powers, and responsibilities of managers and officials are determined. It can directly influence the way an organizational change is managed in both positive and negative ways. Therefore, it...
Managing an organization in the contemporary world is a quite challenging for many organizational leaders. This observable fact has been necessitated by a combination of several factors relating to the continued uptake of technology, diversity within the workforce, as well as corporate goals and values among others (Clifton & Harter,...
Summary Nike is one of the best fashion firms in the world. It is an American corporation that has been performing well in the market for the past two decades. The company has invested in better strategic management and innovation, which has ensured its success in the market. As such,...
Leadership is the act of guiding a group of people based on a certain chain of command. Though there are various management styles or approaches, the choice depends on the work setting (Jin et al., 2017). For instance, the leadership style employed in the army may be different from that...
Summary Despite being a large international company, Honda has incurred the negative consequences of the world pandemic to a large extent. First of all, the demand for cars has considerably decreased. Business Today reports: “Japan’s No. 3 automaker expects profit to sink to 200 billion yen ($1.89 billion) in the...
Abstract The paper provides a detailed overview of cross-cultural leadership and management in the workplace, in an effort to better signify the need to embrace acceptance and diversity in treatment of employees. The importance of working and adapting to modern challenges in treating one’s employees was stated, and the particular...
Introduction Like many other companies in the e-commerce business, Amazon relies on the scale of its operations for profits. Recently, the company has announced that it would hire 7,000 workers to support its operations in the U.S. (Isidore, 2013). In order to manage the quality of service as part of...
Introduction A new coworker, Mark, made an unfavorable first impression on an existing employer, John. The new coworker asked for assistance with a customer inquiry, but it was declined because of the tight schedule of John in the working area. Since then, Mark started feuding with John, who at a...
Effective collaboration is a balanced system, which can be compared to a body that functions correctly and independently to some extent. As a human organism, the external processes of any company reflect its internal well-being and a group is what represents it (Daft and Marcic). It is important to remember...
The author selected Samsung Galaxy S21 5G and iPhone 12 and gathered related qualitative information to understand how consumers go through the different decision-making process stages before acquiring a product. Samsung Galaxy S21 5G is a new smartphone by Samsung and the most advanced in the Samsung Galaxy S series...
Introduction A brand is a name, graphic, or sound that distinguishes a company’s products from those of the competitors. Branding traditionally has its application to commodities. However, research by Hankinson (2001) concludes that “the branding of places and locations is not impossible” (p.1). Many people, irrespective of whether they consume...
Gurau and Ranchhod in the article “International green marketing: A comparative study of British and Romanian firms,” written in 2005 discussed that the most basic idea in green marketing is to promote one’s product or operation, so that one’s consumers will know that the company and its products are environmentally...
A balance sheet is a financial statement that reflects what a business owns (assets), what it owes outsiders (liabilities), and its owners (equity). It balances the accounting equation by equating assets to the sum of liabilities and owners’ equity (Fraser & Ormiston, 2015). It shows a company’s financial condition or...
The main concept of the article is a corporate theory, which focuses on identifying the specific traits and needs of the company and using them to achieve a stable position in the market. The author emphasizes that an effective theory “identifies those assets and activities that are rare, distinctive, and...
In order for a person to improve his or her managerial skills, it is important to have a certain motivation to lead others. The given sense is the strongest during challenging situations when the team or organization heavily relies on a leader’s willingness to remain resilient and strong. Therefore, one...
Strategic planning is one of the most important approaches to the development of any organization. Having a strategy is especially crucial for a healthcare institution, as the increase in services’ quality allows them to improve patients’ health and creates a competitive advantage. This paper will determine a small privately-owned hospital’s...
Introduction A strategy is a plan of action by an organization on how it intends to achieve its goals with the aim of profit maximization. It could happen due to the events or the happenings in the market. The emergence of a strategy might be as a result of interaction...
Introduction To avoid conflicts of interest, comply with the set laws and standards and bring credit to the profession, the contact managers are expected to hold a specific code of ethics in line with the profession. The skills and competencies needed vary depending on the details of creating and administering...
Expectations and Implications Ethical management allows business employees to feel comfortable and be productive at work. It also helps to avoid conflict situations and misunderstandings between the subordinates and superiors. An effective leader sets an example by behaving morally and encouraging other workers to do the same. This paper will...
Introduction The purpose of the current report is to brief management on the business environment for Hilton Hotel Sydney. The paper contains an analysis of political and legal, economic, social and cultural, technological, and environmental factors. The report also discusses the competitors of Hilton Hotel Sydney to identify its weak...
Introduction World is becoming complex though the technology has been keeping its effort continuously to make the life easier. People are now living in such an environment where everybody is busy to run the life in a higher status then the existing. In these busy days, the people have no...
Introduction Business ethics is a kind of ‘applied ethics’ that seeks to assess the ethical principles as well as the ethical or moral issues which have a potential of arising within a business environment (Hartman, 2004). The dawning of the 21st century has resulted in marketplaces that are increasingly becoming...
Ethical business conduct is a topic of dramatic importance, given the constant news about immoral behaviors by both large and small businesses. As such, the recent developments in the field of corporate ethics and citizenship are promising, though the field is still far from achieving its intended objectives. Well-defined criteria...
Trends in Accounts Receivable Notably, Ace’s accounts receivable hiked by $100,000 from 2018 to the year 2019. The increase exemplifies that more customers are paying their balances. The Organization’s sales on credit accounts are the primary factor behind the increasing trend of accounts receivables, reflecting the Company’s receivable turnover ratio....
Introduction Vast literatures suggest that numerous environmental problems occur due to human economic activities. These activities, as Transport Technologies and Policy Scenarios to 2050 (2007) asserts, cause deposition of masses of pollutants into the environment to the extent that they destroys the natural beauty. In addition, economic activities consume enormous...
This paper will review 2 successful and 2 unsuccessful leaders, with the examples of success being Steve Jobs and Jack Welch, leaders of Apple Inc. and General Electric, whereas failures would be presented by George Fisher (CEO of Kodak) and Olli-Pekka Kallasvuo, who was the CEO of Nokia. Steve Jobs...
Comforta The advert for this essay introduces the famous Comforta Bed to the audience. The advertisement encourages the targeted audience to purchase this quality bed. The advert is appealing and interesting to the customer. Advertisers should use the best aspects to make their products more appealing to their viewers (Advertising...
The use of cell phone innovation can be viewed as one of the creative approaches to assist organizations in improving their business execution in the global market. The business exercises of an organization for all intents and purposes utilizing data innovation are known as e-commerce (Veronica, 2018). B2C internet business...
Developing Stress Management Programs The effectiveness of stress management programs depends on such factors as income and poverty levels in the society, among others. Researchers have undertaken studies on stress that negatively affects the destitute rural regions of South Africa. According to Crouch (2008), incapacity confronts poor people with distressingly...
Executive Summary This report addresses in detail all the factors that a company needs to analyze before deciding to start operations in another country. The report continues to elaborate upon the different types of structures that can be utilized and the logic behind each structure, for instance direct investment model...
Causal and Moral responsibility Causal responsibility is simply a descriptive sagacity of responsibly. Under the causal responsibility, intention or agency is not imputed to the actual cause of an action. Thus, Causal responsibility does not carry any implication of blame or praise in an action. The causal responsibility is inclined...
Summary In the current reality in which business has to work, the exceptional dynamics and turbulence of the external environment require a new type of thinking – not linear and one-sided, but flexible, rational, and critical. Making decisions, and pondering problematic situations, managers unconsciously start from the information known to...
Introduction The modern world passes through a period of radical change visible in all spheres. The advances in technologies created the basis for the improvement in the quality of life and increased attention to the well-being of individuals. Moreover, medicine supported by new scientific discoveries promoted a significant extension of...
Among the core areas of information management is Enterprise Resource Planning, which is a concept that was first embraced during the early 80s. It was used to merge the functions of finance, manufacturing and business logistics, and was mostly implemented with a sole objective of facilitating the execution of business...
The Most Significant Prevailing Market Forces Currently, the most important market forces that may have a considerable effect on the company’s development are technology and globalization. According to Kotler and Keller (2016), these are two of the three major market forces that occupy the most prominent position in the modern...
Background of the Case The explosion of retail stores worldwide has opened many channels where consumers can access product information and numerous buying options. Wal-Mart is the world’s largest retail store, headquartered in the U.S., and operates in 15 countries with over 6500 stores globally (Hunt et al., 2018). The...
Explain McGregor’s Theory X and Y The approaches to managing organizational behavior are numerous and very diverse, yet most of them can be grouped according to specific criteria and categorized accordingly. McGregor’s Theory X and Theory Y, which are expected to explain the rationale behind leadership choices and the effects...
As compared to a firm that only operates domestically (in one country), an international company expands to multiple markets and, therefore, faces unique costs and difficulties (David, 2013). Internationalization is a high-risk high-reward strategy for which multiple global and international considerations need to be made. Financially, an international company will...
Introduction While business processes keep changing, there is a need for a well-defined process to initiate, plan, execute, and monitor these processes (Schwalbe, 2005). This discipline is normally effected through project management. Stakes Incorporation is a fast growing IT project management consultancy firm established in the year 1998. The firm...
Abstract ‘Super Greens’ restaurant is a new medium-sized restaurant to be located in a busy locality of Westminster in the neighbourhood of some aristocratic areas like Upper Brook St.Our restaurant is supposed to provide organic food to consumers. Being dedicated to sustainable development, the restaurant purely focuses on organic foods....
Introduction Alternative dispute resolution has been widely used to refer dispute resolution by means other than court adjudication (Staff 231). However, the definition of alternative dispute resolution incorporates a wide range of court oriented initiatives which are designed to facilitate a more effective administration of justice while overcoming delays and...
Country Analysis The proposal suggests launching the product of Company A, dog food, in Poland in Central Europe. Its location defines the country’s dynamic development and allows for access to the European Union market (“Doing business,” 2019). In addition to economic growth since joining the EU in 2004 and readjusting...
Definition of the Problem Introduction Risk management (RM) has been defined as the process of scheduling, classifying, directing, and managing organizational conduct in order to curtail the detrimental effects of fortuitous losses at reasonable costs on the organization. Risk avoidance involves eliminating all losses associated with a particular activity, loss...
Introduction Starbucks is the world’s largest coffee shop retail chain operator. It faces keen competition from Mc Donald’s Corporation and Dunkin’ Donuts Inc. in the coffee market of United States. Luxury end products are supplied by them. The spending habit among the target customer group towards loyal products provides competitive...
Introduction The presented service idea is strongly associated with the global pandemic, which has greatly influenced the international and domestic markets (Texel, 2020). This paper proposes a service marketing strategy based on these factors and the characteristics of the new service idea presented in the previous paper. It provides a...
Introduction The number of families where both parents work and pursue careers is increasing. Such couples need to consider long-term goals regarding their lifestyle and distribution of housework between parents. Also, when children are born, additional scheduling is needed to accommodate all responsibilities. The primary issue is that the majority...
