11515 samples of this type
Introduction The presence of high-quality service in the travel and tourism industry is an essential element for success. Striving for enhanced customer experience, companies in the hospitality industry place great significance on their recruitment practices. The technological changes and advancements of recent years opened many opportunities for expanding recruitment channels,...
Introduction CIMERWA Cement Company was founded in July 1984 as a government parastatal in Muganza Sector, Rusizi District, in the Western Province of Rwanda. The company was initially called Ciments du Rwanda and was established under a cooperation trinity between the Government of Rwanda and the People’s China Republic. However,...
Introduction The case study under examination concerns Valio, Finland’s largest dairy products manufacturer, and its reconstruction following the country’s admission into the European Union (EU). Thus, the company was forced to undergo a profound organizational restructuring and adopt new strategies to continue functioning in a changed institutional and regulatory setting...
This case study reviews a Japanese-founded company UNIQLO, which launched the All-Product Recycling strategic initiative over 15 years ago, which embraces reusing and recycling. Customers may drop used clothing off in local stores, which then distribute it to people in need or recycle it (RE.UNIQLO, n.d.). The scope and commitment...
Continuous development is a natural aspect of the entrepreneurial field in which the participants involved are regularly optimizing their operational approaches and combining traditional business approaches with innovative solutions to increase their capacities. Over time, some management algorithms have been transformed under the influence of new trends, and some practices...
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....
Interview Questions How long have you been in this business and what market area do you cover? What are the challenges that you face which can be solved through a joint operation with our business? What are your expectations going into the contract with our business? How do you feel...
Project Introduction For the purposes of this project, our group decided to create a yoga class. The decision was made after considering the needs of the students and staff alike, along with the unique competencies of our group. Many people knew a lot about personal fitness and health, while others...
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...
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...
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...
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....
Although salespersons can adopt various ways of reaching out to potential customers, door-to-door sales are the hardest. Door-to-door sales involve going to potential clients directly and convincing them to buy your products. The sales method requires techniques that will make the potential customer trust the salesperson. Various challenges are expected...
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...
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;...
The company is traded on the Nasdaq Stock Market LLC (NASDAQ Global Select Market). The share price at the fiscal year end (December 28, 2021) was $39.66 per share. During fiscal 2021, the price of our common stock fluctuated between $34.64 and $65.81 per share. The common stock par value...
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 impact on the development of the leader Dan Bane’s father was a founder of a successful grocery store in Dallas. When Bane was only 17, he read his father’s will and learned that he would receive the bulk of his estate when his father died if he agreed to...
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...
Summary Amazon, the world’s biggest e-commerce brand established by Jeff Bezos, was founded in Washington in 1994 and again in Delaware in 1996. Its website was launched for the first time in 1995. In addition to being a worldwide e-commerce brand, Amazon is also a prominent cloud player and is...
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...
International Human Resource Management (HRM) practices must differ from domestic HRM due to the nature of activities involved in each of the two sectors. In international HRM, activities are performed in a wider context and ensure it is relevant to a particular location. Extra training is required at the international...
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...
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 Employees are the most critical components of business organizations because they are involved in all organizational processes and advancement towards the ultimate goals. Therefore, employees who feel appreciated are more satisfied with their work and automatically put in more effort to deliver on their obligations. However, organizational processes are...
Introduction Entrepreneurs are those people who are eager to take risks to start a new business. My first take on Tom’s advice on how to become a successful entrepreneur is “taking risks and making profits within the dynamic business environment” (Lennon, 2022). For entrepreneurs, the risk is the possibility of...
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...
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...
This post raises many excellent points regarding the marketing issues’ challenges. First, I would like to address the advertising of luxury products. Kotler and Keller (2016) highlight the importance of targeted branding and a selective approach to the luxury products’ industry image. However, labeling Macy’s as a high-end, luxurious brand...
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...
Introduction Before proceeding directly to the assignment performance, it is required to identify the essence of fundamental conceptions. Primarily, internal environment analysis is an overview of a wide range of elements of a company, its activities, mission, and leadership. Consequently, the value-adding strategies mean the formation of the working environment...
Recruitment Tactics The first tactic can be described as a method of recruitment in which a candidate is suggested by a company worker. One of the advantages of this method is that there is no need to place ads in the media and on the Internet and wait for a...
Communication has become central to the efficient performance of any company in the 21st century. Therefore, ambitious managers should be able to determine the necessary cues and choose the most appropriate channels that ensure the best results. What is more, various channels have different richness, which describes their ability to...
Prerequisites for the Development of Tactics Based on Cross-selling Primarily, one should note that the desire to maximize profits by realizing good customer service outcomes is one of the critical reasons that prompted Wells Fargo to take the path of increasing sales through cross-selling. It should be guessed that such...
Introduction The world depends significantly on the energy sector to survive. That explains the lucrative nature of the energy industry both globally and nationally. Generally, economies producing oil and natural gas worldwide exhibit significant stability due to the monetary gains associated with the highly demanded energy products. A substantially small...
Introduction Diageo plc is a worldwide corporation specializing in producing and distributing alcoholic beverages, with its headquarters located in London, England. This firm has been operating in areas where water is limited for the whole population, and its brewing, distilling, and other non-product activities need water as a crucial input...
Introduction Entropy and information gain are essential parameters in big data analytics, and it is possible to implement these metrics in tree-structured models to optimize the frameworks. Decision Tree Overview The general concept of decision trees concerns information representation, classification, and regression in an illustrative format. There are different types...
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,...
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 Different types of audits are capable of addressing the varying needs of an organization. In particular, horizontal and vertical audits exist to perform their unique types of analysis, capable of supporting a company in its growth and sustainable development. Vertical and horizontal analysis complement each other, allowing managers to...
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...
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 Emotional labor is a term that describes the labor when a person is required to perform unpaid, frequently unseen work in order to maintain the happiness of others. Workers are explicitly expected to control their emotions when interacting with clients, coworkers, and managers. In addition to the suppression of...
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 Ford Motor Company is a world-class motor selling company whose leading brands are commercial vehicles and luxury vehicles under the Ford and Lincoln brands. The company has employed Ford Motor Company and has supplied cars for a long time since its creation by Henry Ford in 1903. The company’s...
The possibility of scaling a business is an influential aspect that entrepreneurs starting to develop their idea need to consider. A scalable company assumes the opportunity in which an increase in invested resources leads to a significant increase in output and accelerates the return on investment (Lund & Nielsen, 2018)....
Sometimes business people may face various types of problems in the course of their business. One of these problems may be deciding on the duration of the project and the likelihood that it will be completed and completed. In addition, the Monte Carlo simulation method allows to solve many other...
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 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...
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 concept of purchasing behavior has evolved over the years and is paramount in forming marketing strategies. Day by day, human needs are growing, and this trend is invincible. The consumer behavior analysis is complex, especially in the luxury car-buying industry, which concerns a high social and psychological involvement. Its...
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...
Ooredoo, a Qatari multinational telecommunication company, was founded in 1987 as a telephone exchange company and is today one of the largest communication operators in the region, with operations spanning 16 countries. It offers its over 115 million customers mobile, digital, fiber, and broadband services. The company is publicly listed...
Executive Summary Risk management stands out as an integrated and proactive strategy that organizations implement to handle potential risks. Such process should be long-term in nature if positive outcomes and project goals are to be realized. Telstra Corporation operates in the Australian telecommunications industry whereby it provides a wide range...
Introduction 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,...
Abstract Organizations apply a range of tools to analyzing their performance, measuring its current quality, and identifying the necessary improvements. Among those are the 7-S framework, the balanced scorecard (BSC), the SWOT paradigm, and its PESTLE equivalent. Using each of these separately enables resolving particular issues but leaves gaps, for...
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...
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...
Nokia is a large global company that focuses on information technology, telecommunications, and electronic devices. The mill operation that eventually became Nokia Corporation was established in 1865 (Bhalodiya & Sagotia, 2018). Nokia emphasizes respect, accomplishment, renewal, and taking on new challenges as pillars of the company’s culture. These principles serve...
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 It is not surprising that the majority of companies gradually develop their own systems of management which correspond to their needs and missions. Thus, it becomes interesting to study different companies in order to discover certain unique practices and tools they employ to improve their performance. Alphabet, the parent...
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...
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...
Growing and selling wines in the USA have differed greatly from the practices adopted in the Old World. Stricter regulation of the industry as well as an accent on branding and marketing, allowed New World wine companies to compete favorably against the best wine companies of the Old World. Among...
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,...
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...
Good leadership is a crucial skill that is always needed to make a difference. It has the capability of increasing an organization’s profitability well as positively impacting the lives of numerous individuals. Therefore, learning more about leadership makes a difference in individuals’ lives and helps them to impact other people’s...
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 This research study aims to identify the familiar sources of stress in a hectic work environment, whether commercial or public. The research will uncover management-applicable strategies for assisting workers who may experience tension in or outside the workplace. The report will examine the sources of work-related stress and its...
Introduction and Organizational Structure The Toyota Motor Corporation is one of the largest and most famous car manufacturers in the world. Toyota is a worldwide firm with over seventy distribution hubs and fifty production units. The worldwide firm’s goods and services include specialty steel, auto parts, ship engines, medicines, property...
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,...
Introduction Recreational therapy provides a wide range of beneficial effects on both the physical and emotional health of a patient (“How can recreational therapy benefit your health?” n.d.). This is especially relevant when the therapy is tailored to their own interests and requirements. Many therapeutic leisure programs promote a person’s...
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...
The modern model of personnel management is impossible without a well-established process of effective communication. There is a radical quantitative and qualitative change in the information sphere, accompanied by a radical transformation of the economic, technical, socio-cultural, and managerial components of the communication processes of post-industrial society. Companies whose economic...
Introduction The history of General Motors (GM) is characterized by periods of growth, stagnation, bankruptcy, and renewal. Between 2000 and 2014, GM encountered one of its worst moments when several recalls were reported. The corporation recorded unprecedented losses that set the stage for it to become bankrupt. The absence of...
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...
Executive Summary This report introduces the process of a company quality system implementation. The issue is addressed from the perspective of an aspiring leader who is yet to acquire the respect and confidence of their followers. A good quality system acknowledges the complexity of the business landscape that comprises both...
Introduction Based on the observations by Breen, the primary operational issue with Morrison Company was ineffectiveness and inefficiencies in production controls that resulted in supply shortages. Inefficiencies at the organization were attributed to deficiencies with the integrated circuits (ICs). The lengthy economic recessions had hindered chip manufacturers from upgrading their...
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....
Background Today, Microsoft Corporation is a world leader in software production, provision of services, and Internet technologies for personal computers and servers. Over the years, the company has experienced ups and downs but was able to overcome the crisis and keep the bar of the leader in the development of...
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...
Zara is a fashion design and manufacturing corporation in Spain founded by Amancio Ortega Gaona. Zara started as a wear shop and developed to be the most successful and recognized brand in the fashion industry, with over 63,000 stores globally (Murphy, 2021). Zara was included in the public offering in...
Introduction Organizational development depends on multiple factors that are interconnected and illustrated through the overall outcomes of the company. While employee satisfaction, customer demand, and competitiveness on the market are vital factors that highlight how the business operates, specific negative implications may affect all these essential concepts. The identification of...
Organizations utilize various strategies such as corporate and business level strategies to earn an above-average return and achieve strategic competitiveness. A strategy that is uniform with the realities and conditions of an organization’s internal and external environment integrates and allocates available competencies and resources to align them appropriately with opportunities...
The TED Talk about decision-making by Ruth Chang has several important implications. Whereas the standard way of thinking about the hard choices is that it is a curse, she comes to the conclusion that it is instead “a godsend” (Chang 14:20). However, it is not only the culmination that matters...
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...
Ensuring business sustainability is a challenging task, especially for global companies that work with countries with different cultures and regulations. Some countries have incentives for companies to sort and recycle waste, while others do not have the resources to organize these processes. However, McDonald’s is committed to practicing sustainability packaging...
Possible Alternatives Toms Shoes, a shoe manufacturing company, is on the verge of bankruptcy and, therefore, has been bought out by creditors to avoid disappearance. It is necessary to find out why this situation occurred and what mistakes are observed in the policy and its motions. The cause of the...
The Starbucks coffee shop chain is ubiquitous and one of the fastest-growing food and beverage companies. Starbucks was founded in 1971 by two passionate coffee lovers. It was planned to create a company to purchase coffee beans, roast them, and sell to other companies at the initial stage. Starbucks is...
Market Penetration Market penetration is a technique in which a corporation uses current products to increase its market share in an established market. It is the process of a corporation selling more of its existing items to existing markets. Teva’s key strategy is market penetration because it spends a lot...
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...
Introduction This paper explores the standards of professional ethics and how it affects the employees’ productivity at a workplace. In addition, the work ethics of different generations is investigated. As a result of the thorough literature review, it becomes evident that the older descents are more hard-working than, the younger...
Control costs in Better Beauty primarily relate to the processes that the management is implementing to optimize operations and ensure higher profitability. Budgeting has identified several areas of the firm’s higher spending, such as capital equipment and renting costs. However, the research of the issue itself has been a source...
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...
Summary Mr. Rogers was the epitome of a servant leader, focusing on the growth and development of his community and nation. He demonstrated many core qualities of a servant leader, such as listening, empathy, awareness, and stewardship, encouraging others to do the same to improve their respective communities, workplaces, or...
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...
Introduction The impacts of the current COVID-19 pandemic on various aspects of life, including the labor market, are significant. Most areas have had to adapt to new conditions in which restrictions on social contacts are maintained. As a result, remote work has become one of the mechanisms to reduce the...
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...
Abstract This paper confirmed the high organizational transformability of accounting, but it did not prove the real problem of replacing human labor. The key emphasis of the study, unequivocally reflecting its brief essence, was recognizing the idea of a change in the role of the accountant over the past decades....
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,...
Sourcing strategies in procurement involve connecting data collection, market research, spending Analysis, contracting, and negotiation. Even though the sourcing strategy’s main aim is to leverage a single, integrated system that enhances profitability, it is customized to meet the need of consumers. There are various current and upcoming trends in e-procurement...
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...
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 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...
It was interesting reading through the discussion post on security in workplaces. Workplace violence cannot be better defined than with the OSHA, which is a regulatory body of the United States Department of Labor that is duty-bound to inspect workplaces and its workers’ security concerns. Your choice of defining workplace...
Choice of a Country As CarryMorre is a United Kingdom business, it is subject to certain privileges as well as restrictions. Within the context of Brexit, the UK has withdrawn its membership in the European Union, as well as its participation in the Customs Union. Whereas earlier, there were no...
Abstract The coronavirus pandemic has had a devastating impact on various industries around the world, including the automotive industry. In this paper, the primary focus was to investigate the effect of the pandemic on the financial performance of companies in the automotive industry. The researcher collected data from secondary sources....
Doing business with an individual from the USA differs significantly from an Asian customer. The varying nature of countries and regions propagates diverse cultural norms. Businesspeople should consider these aspects when conducting intercultural commerce. The world is getting increasingly connected with individuals exhibiting cultural differences. Our response to cultural variations...
Introduction The principles of cross-cultural communication are vital for companies in terms of collaborating with international partners. International interaction is typically based on the grounds of mutual interest and respect. Yet, sometimes, it is difficult for one culture to interact with another one due to differences in their language, beliefs,...
Introduction Value addition is the most talked-about phrase across the world of the manufacturing and processing industry, particularly in the export-oriented processing industry because of the increased realization of valuable foreign exchange. In the fishing industry like any other venture, value can be added to fish and fishery by-products to...
To understand how the organization works and how stable it is, one should consider its assessment using the concept of business continuity (BC). It includes evaluating how the business is resistant to various tensions and challenges, which are inevitable in all stages of business operation. The continuity plan shows how...
The profit planning system at McDonald’s comes down to turnover and guest count planning. Planning is an estimate of future turnover and guest count based on current trends and past data, such as seasonal events and programs that have been held in the past. It is very important to plan...
Key Financial Performance Indicators Financial performance indicators reflect the success of business development and market success. In the case of Amazon, as the global corporation selected for analysis, these indicators are crucial criteria to evaluate to obtain an objective picture of its productivity. As stakeholders, employees, shareholders, and community groups...
Transformational leadership is a process in which leaders and their followers elevate each other to high levels of motivation. A benefit of transformational leadership is leadership through development (Liu & Li, 2018). It is associated with the care that the leader shows for subordinates (Khan et al., 2020). A leader...
