11537 samples of this type
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,...
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...
Introduction The company plans to use a push strategy that does not wait for customers to ask for a product. Instead, it creates products it thinks the customer will demand and then waits for orders. Inventory management helps respond to disruptions that make it challenging to drive towards proactive and...
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...
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...
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...
Evaluating the financial situation of the organization and its capabilities is an important task to establish an understanding of its development. Several economic and financial success indicators can provide a comprehensive overview of the company’s past and current activities, examining the overall progress achieved over the years. This paper focuses...
Introduction Quality is one of the priorities modern businesses concentrate on, trying to improve customer satisfaction and reduce costs at the same time. Total quality management (TQM) has been a framework for achieving this goal for decades, but new paradigms emerge and become widely utilized. The Six Sigma approach is...
Organizations are continuously adopting alternative dispute resolution by involving third parties after failed direct negotiations in conflicts. It usually entails either arbitration, conciliation, and mediation processes. In particular, conciliation calls for a third party who improves communication and relationships and monitors the discussion. I like consiliation because the opinions of...
The selection of either mechanistic or organic organizational structures is conditional upon their applicability to different environments, and, therefore, these models have nothing in common. Even though they are never met in a pure form, there are no similarities between the work modes corresponding to them regardless of the position...
It is important to note that ethical issues usually involve the notions of power, influence, and politics, where one’s rights or obligations are undermined in pursuit of personal goals. However, seeking promotion or other self-interests are not inherently negative if ethical approaches are utilized properly. When one thinks of terms...
Strategic Positioning and Labour Market OcMara Industries has established itself as a significant player in the oil and gas industry, producing over 2 billion barrels of crude oil per year. However, shifting the focus to sustainable energy sources will create significant challenges from the workforce perspective. OcMara would likely retain...
The level of market maturity has a strong influence on the degree and intensity of competition. The industry life cycle sets specific rules for the enterprises. Organizations need to understand the market development stages to form an effective strategy for survival and market capture. There are four stages in the...
The Definition of Entrepreneurship and Entrepreneurial Skills Entrepreneurship is known as independent, related to risk activity that aims to systematically gain profit from property utilization, goods realization, rendering services, and order completion. Costin et al. (2018) define entrepreneurship as the ability of an individual to turn ideas into action; it...
The current research question is concerned with investigating the impact of worker and management diversity on US tech companies’ stock prices between 2010 and 2019. Therefore, it is important to find studies that show how gender diversity shapes organizations’ performance and what indicators point to either favorable or unfavorable results...
Introduction Entrepreneurship is the process by which a group or individuals exploit the market opportunity by substantially improving the services, method of productions, and improving the existing goods or bringing new products in the market. Entrepreneurship is defined as readiness and ability to run, develop and organize a business enterprise,...
UNESCO is a huge global organization, which promotes cultural, educational, and scientific development. It promotes important missions, which are aimed to benefit world society. Collaborating with the majority of existing countries, it has field offices in different parts of the planet. In Saudi Arabia, UNESCO actively helps preserve historical documents...
In the present day, staff shortage may be regarded as a real issue experienced by a substantial number of companies. It goes without saying that this problem has a highly negative impact on the organization’s performance and development in the future and should be solved in a time-sensitive manner. Thus,...
Strategic planning is important to any organization regardless of size or sector of operation as it realizes effective corporate governance and enhanced ability to compete favorably in the market. However, having a strategic plan is not a guarantee that an organization will achieve success; rather, success lies in the successful...
A corporate strategy is exceptionally important for each organization to have for a number of reasons. The first one is that drafting a corporate strategy helps the management to assess the environment the organization operates or plans to operate in, as well as its strong and weak points. Thus, the...
The process of new product development has eight major stages and starts from idea generation. It involves a systematic search for ideas about new products, which is carried out mainly on the basis of internal sources of the organization. Then comes the idea screening: an analysis of all the ideas...
Management, like many other career paths, is constantly evolving with practices in the industry and technological improvements. However, there are a number of rules of management and skills a manager should possess in order to observe efficient operations at their workplace. These include consistency, which can be observed as a...
Financial statements reflect the financial impact of transactions and other events by combining them into large classes according to their economic characteristics. These large classes are called financial statement elements. Elements directly related to the measurement of financial statements in the balance sheet are assets, liabilities, and shareholders’ equity. Only...
Discrimination at the workplace is a severe issue because it implies that people are deprived of some rights or inadequately treated based on their ethnicity, religion, gender, sexual orientation, and others. American legislative bodies understand that the problem exists. That is why Title VII of the Federal Civil Rights Act...
History of Sweets Bakery & More Welcome to Sweets Bakery and Cafe, where we serve the best specialties. We have been a part of this incredible community since 1995, when we opened our doors to the public of Houston. Since then, we have been proving our allegiance to the community...
Modern organizations are facing a great management succession crisis. This is an issue affecting small, medium, and large firms. This case was published some decades ago but the management problems that existed are still fresh in today’s companies. After the chief executive of a renowned company in Wickersham died, there...
The title of this position (or role) can sound different: project manager, project leader, delivery manager, and other variations. The tasks of a project manager include the following: draw up and agree on technical specifications, set tasks for the team, distribute the workload and motivate, ensure the achievement of quality...
The products offered by Samsung very significantly, occupying various spots on the market and demonstrating different growth patterns. One of the highly developed brands is Samsung QLED, a home television (TV) appliance that manifested remarkable market expansion during previous years. Furthermore, the market share of this product is tremendously high,...
Introduction The concepts of cost, technology and the workforce type when totally focused on representing the ideal aspects that favor the incorporation of make or buy decision. This factor forms a basis on which the company can be able to advance or not or where the company can transform to...
The global trading relationship has become much more in-depth and faster as a result of globalization, which has contributed to the exchange of technology and information. Some people say that there are no new markets left to develop. I am afraid I have to disagree with this statement because businesses...
Purpose of Negotiation The purpose of negotiation is to improve the price for the negotiated product. Desired outcome The desired outcome presupposes the increase in the price for an item sold by the company and the attainment of higher revenues. Pertinent information The negotiated product has outstanding quality and almost...
Introduction The two crashes that involved the Boeing 737 Max plane led to investigations that showcased the shortcomings in the actions and operations of the Company. After the grounding of the jet, there are several; lessons that the organization was able to learn from the investigation carried out by the...
Introduction The international level of a multinational enterprise provides for a complex organizational structure that includes many divisions and branches located on the territory of different states. With colossal capital, multinational companies are the leading trade and economic relations participants in the international market. Most multinational companies are powerful associations...
There are two types of distributions channels: indirect, which includes a chain of producer, wholesaler, retailer, and customer (sometimes without a wholesaler), and direct, which cuts of the intermediaries. Recently, I have purchased a portable fan via Amazon due to the high temperature in our house. My parents wanted the...
Introduction: The Basis of the Project The business plan has: Information about the company, products; Calculations, prospects for the years; Further actions, methods to improve efficiency; Strategies for further promotion. The Business Plan Based on the Coffee Shop The coffee shop’s uniqueness is in: Aromatic tea and fragrant coffee; Freshly...
The concept of leadership has attracted the attention of leaders over the recent past. I believed that leaders are born, as Shapiro (2020) argues, but this perception has changed as I continue to learn more about this concept. My personal experiences and knowledge gained from books and interaction with other...
Business summary The Nike Company was incorporated in 1967 to run its operations; to design, develop, and market its products of athletic footwear, equipment, and services. Nike has then developed to be among the world’s best brands. The company markets its products through its retail shops all over the world...
Fashion Nova was founded in 2006, and today, this fast-to-market apparel and lifestyle brand has over 25 million social media followers. The company’s clothing is worn by stars such as Cardi B and Kylie Jenner. In 2018, it was the most popular fashion brand on Google. Richard Sagian, founder and...
Leadership has become an essential topic for discussion and research in the era of globalization and society’s economic transformation. Some scholars equate leadership with management, others oppose these two concepts. They are undoubtedly connected; however, there are evident differences between them. Moreover, various qualities of a good leader are mentioned...
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 Organizational development is an ongoing process intended to improve operations, attract new talent, and redesign existing models to meet the demands of all key stakeholders. Different theories and models have emerged that business leaders can utilize to improve performance. The Star Model is an outstanding tool that can guide...
Negative margins are usually a consequence of the inability of the firm to control costs or more global problems: macroeconomic, government, or industry difficulties beyond the control of the company. If we analyze the reasons in more detail, then we can highlight the following. First, a spike in commodity prices...
Strategic decision-making requires a leader to possess critical thinking and an ability to see problems from different perspectives. Uncertain environments demand asking compelling questions to sufficiently solve the problem. Exploring the performative role of questions in leadership may disclose a strategy, which identifies a successful leader and ensures future triumph....
In logistics, time, place, and space utility present the concepts that determine the choice of transportation modes. Time utility refers to the availability of the products when they are demanded by customers (Lecture 9, slide 8). Place utility is understood as moving products from the locations with lower value to...
For decades, leadership has been considered to be a vital part of an organization’s competitive potential. There is a significant amount of research regarding various leadership styles that led to creating several classifications of their distinct properties. For example, Daniel Goleman’s analysis focuses on emotional intelligence as the basis of...
United Airlines is one of the largest airline carriers in the world, which nevertheless faces certain problems concerning its reputation. For instance, in 2017, a man was taken by force from an overbooked United Airlines plane for refusing to give up his seat (Zdanowicz & Grinberg, 2018). Thus, the company...
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,...
Kitchen Koncepts sells gourmet cookware, kitchen tableware and other cooking appliances to the home cook. Kitchen Koncepts serves numerous clients from various geographical regions all over the world. Kitchen Koncepts not only deals with kitchen appliances, but also customizes the kitchen setting, designing and transforming kitchens, in the process making...
Logistics networks are the backbone of contemporary global commerce. They keep Nestle Bangladesh in business by facilitating the movement of raw materials to processing factories and finished goods to the market. While logistics networks facilitate the movement of goods, its transportation, inventory management, goods handling, warehousing, order processing, and packaging...
Business success depends on many factors that are important to consider. The talented management of work processes enables organizations to maximize the value of their results and meet the business strategy they set. Among the factors related to the company’s work, stakeholders stand out. This concept includes individuals, groups, or...
The Coca-Cola Company is one of the most renowned brands in the world. The Coca-Cola brand is valued at $84 billion; the company controls 35% of the North American soft drink market and operates over 900 bottling plants worldwide (Gaille, 2021). Coca-Cola finished the 2020 fiscal year with $33 billion...
The Disney company is among the most profitable and successful actors in the industry nowadays. Such state of the art was achieved because of due diligence and policy that the top management has been applying for many years. However, there was a period when the corporation faced a plethora of...
Stress is a frequent phenomenon, not only in life but also at work. The sheer number of cases and tasks, plans and reports, associated problems, and turmoil are a part of the array of stress factors that can affect employees, and it cannot help but be worrying. At the same...
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...
Salesforces CRM is software that is designed to help managers organize their businesses efficiently. It is valuable because it uses the latest virtual advancements, like a cloud to connect all of its teams, leaders, and systematize customer data (Manchar & Chouhan, 2017). CRM stands for customer relationship management, and it...
Introduction There exist numerous techniques in the modern world aiming at understanding and enhancing teamwork mechanisms. The Marshmallow Challenge, where the participants are asked to build a tall tower using several materials, is one of the most outstanding examples. Its efficacity is proved in all age groups, and sometimes the...
Planning is defined as the act of formulating a course of action. The business process involves defining the company’s objectives and goals and the determination of the necessary resources that may be needed to achieve the objectives and goals. The business process is important because in order to achieve any...
Introduction As the company under consideration by Andres, the organization will be reviewed through relevant assessment indicators. In particular, the focus will be on its progress and performance to date. Based on the data on the production process, market segmentation, and financial performance, key conclusions will be drawn regarding the...
Charter schools are institutions developed and managed by parents, teachers, society, or education organizations. According to Renzulli (2005), the primary motivation behind the emergence of such schools is autonomy. Most members who started the charter schools aimed at providing different curriculum and services from those offered in traditional schools. However,...
Introduction For this paper, I have been asked to assume the supervisor’s position as a clerical support assistant for an organization’s Marketing Department. To fulfill the responsibilities of this role in the best possible manner, it is essential to analyze several leadership theories and decide which leadership style is the...
According to Anthony-McMann, Ellinger, Astakhova, and Halbesleben (2017), in an era of economic instability and high competition in business, “many factors increase mental stress in the workplace” (p. 166). HR specialists have long complained that stress during work is one of the main reasons for staff turnover. Constant feelings of...
Introduction In recent years, diversity in the workplace has become a considerable aspect in multiple business spheres and in the departments of human resources in particular. In defiance of all expectations, the attitude of various companies to the significance of a diverse workforce is substantively controversial. Some managers may regard...
Brief History and Background Boeing Company is one of the giant aerospace firms operating globally and a prominent manufacturer of defense systems, commercial jetliners, security and space systems, and service providers of aftermarket support. Being the biggest manufacturing exporter in the United States, Boeing Company supports airline customers in over...
Organizational Skill Organizational skills are among the main components of the psychological culture of a person. This concept defines a person’s ability to properly allocate their time for work, study, rest and other activities. How well a person has organized this distribution largely depends on his or her success in...
Amazon is a transnational company widely used globally that deals with e-commerce, computer clouding, and artificial intelligence. It is ranked among the leading companies in the United States due to its growing economic influence. The company is based in Washington and was founded by Jeff Benzos in 1994 (Furgang, 2018)....
Introduction Process refers to the procedures undertaken to ensure a product or service meets the end user needs. It is mainly concerned with planning, developing, implementing, documenting, and reviewing the system procedure. This is meant to make sure that the product is availed at the right place and time, as...
Introduction The primary practices involving green logistics include sustainable strategies that focus on the integration of environmental conservation in transportation and supply chain businesses. The theory of green logistics started during the 1990s. At this time, the standard logistic infrastructure had severe impacts on the environment as the levels of...
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,...
Human resource management (HRM) centers around effective ways of organizing employees and can provide a crucial competitive edge. It is meant to enhance the overall performance of all employees by distinguishing their duties, establishing hierarchies, and promoting communication between various workers who occupy different positions. Proper management creates the atmosphere...
Employees are important components in every business since they facilitate the achievement of organizational goals. Companies hire employees who they believe can contribute significantly towards the accomplishment of their objectives. Workers tend to choose firms that offer competitive salaries and other benefits that ensure work and social life balance. While...
Introduction Sustainability is one of core Volkswagen’s business strategies for future growth and development. The company has set strong and measurable goals for decarbonization, responsible supply chain practices, e-mobility, and digitalization (Diess & Osteloh, 2021). The company is faced with multiple threats to its financial well-being and has incurred some...
The Nature of Negotiation in the World “Negotiations” is the dialogue between two or more parties that may occur at both the individual and organizational levels. The purpose of every negotiation process is to reach an agreement concerning a particular issue that should result in individual or collective benefits. According...
I intend to become a Logistic Specialist as I am currently doing a major in Business for Applied Arts and Science, Management, and Marketing. My concentration is on Logistics and Supply Chain Management. In this profession, the logistics specialist is responsible for maintaining logistics policies, coordinating in-house sales, and administering...
Purpose and Method The purpose of data analysis was to identify factors that affect the level of customer satisfaction of McDonald’s. In order to achieve the purpose, a survey consisting of 20 questions was conducted. The acquired data were analyzed using descriptive statistics and regression analysis. First, the analysis of...
Earnings management refers to the act of manipulating the process of financial reporting in order to achieve certain desired outcomes (Jones, 2015). Managers use several earnings management practices that include income minimization, income maximization, taking a bath, and income smoothing (Scott, 2015). In many cases, accountants use various accounting techniques...
Definition of Success Success is the creation of value – economic and social benefits and results to help individuals align with a set of values subscribed by the organization. Corporate success usually comes from a clear plan or strategy for carrying out a mission. But a process is not successful...
Customer service can be defined as the advice or assistance an organization gives to individuals who sell or buy its products. This entails reliability, attitude, accountability, knowledge, skills, communication, and efficiency (Melander, 2018). These services help customers to have an enjoyable and comfortable experience with the company; therefore, build trust...
Summary Segmentation targeting and positioning are marketing approaches that are used by marketers towards achieving positive outcomes from a certain market depending on the consumer behavior that is characterized by that market. Before comparing these 3 forms it is important first to identify and define each of them in comparison...
5-Step Critical Thinking Decision-Making Model Step 1: Identify the problem(s) and uncertainties What exactly is the problem… The overall profitability of Clif Bar & Company is dependant on outsourcers since they do not own any manufacturing plants or distribution centers. The problem is this … Due to the recent shifts...
The given case study discusses the success and the decline of the Finnish multinational telecommunications company Nokia. This case makes us understand how a company could benefit from going global as well as suffer from it. For example, Nokia managed to achieve lower operational costs by opening plants in some...
The present-day is often called “The Information Age,” but not everyone understands the reason behind it. People are generally aware of the ever-increasing opportunities to find knowledge, share experience, and obtain competence, but the information goes even deeper. To truly excel in most entrepreneurial undertakings, one must be aware of...
The first noticeable mistake is in the article’s abstract. While an abstract should contain all the significant points of the study, the authors did not mention their key findings in the abstract. Instead of clearly stating the findings or results, the authors noted that “the results represent an important step...
International business is the highest form of entrepreneurial activity, and innovation plays a vital role in the conceptual idea of gaining a competitive advantage. The latter is conducted through elaborate modifications in the business model, knowledge connectivity, research and development, and organizational innovation. For example, in the hospitality and tourism...
U.S. GAAP standards are more focused on practical application in different accounting situations compared to IFRS standards, contain more recommendations developed for specific accounting issues, and leave less room for interpretation. In general, the accounting principles and reporting forms of these financial reporting systems are largely the same. Accordingly, a...
COVID-19 struck the world, and companies all over the continent had to send their employees to work from home. It was a bit hectic for the employers since they had to make sure all employees get the tools needed to work with from home. Remote communication technology instantly became a...
Unilever is a Dutch-British multinational firm headquartered in Rotterdam, Netherlands, and London, United Kingdom. It is one of the oldest and biggest consumer goods enterprises globally – only topped by Procter and Gamble and Nestle. The organization attracts various types of consumer merchandise brands in beverages, personal care, foods, and...
According to the Oxford English oxford dictionary, a tort is an intentional or unintentional harm to another person or property. In most organizations, employees are exposed to various risks as they perform their daily tasks. The risk may be intentional when both parties, that is, the employer and the employee...
Abstract A company’s mission statement essentially defines the company’s reason for existence. It ideally incorporates the company’s most important values, as well as provide direction for short term activities necessary for the attainment of the entity’s long-term purpose. Companies will not often change their mission statements precisely because they define...
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...
The supply chain serves as the core of today’s enterprises, becoming the foundation upon which effective business operations are based. The correct organization of a supply chain is key to navigating along the optimal path in today’s globalized, changeable business landscape. As such, logistics networks hold special significance within vital...
It seems reasonable to state that all companies come to a period when their performance starts being insignificant. This may take place due to various reasons – starting from severe rivalry and ending with pressing governmental policies. However, there are a plethora of cases when the mentioned insignificant performance results...
The case under consideration represents a bright and almost “academic” example of a crucial lack of cross-cultural communications, motivation, and management skills in the company’s top leaders. Nomura Securities International (NSI) is Japan’s‘ giant,’ with a kind of superiority complex due to sound success in the past but not adapted...
Jack Welch’s book, titled “Winning”, provides a framework of qualities required for the success as a business leader in an enterprise. These qualities include the necessity of a strong mission and concrete values, the absolute necessity of candor, the power of differentiation, and giving value to each individual, respecting their...
Interpretation The summary under consideration demonstrates the air transportation supply company’s data and focuses on the employees’ salaries, bonuses, and performance. The analysis of this information results in the rise of a few questions. The first question is whether the company indeed needs many employees in its divisions. It refers...
Introduction Roberts (1997) asserts that Human resource management is an organization’s function that entails all aspects that are associated with the human resource or work force in a particular organization, company or institution. It entails aspects like recruitment, coordination and control of the people working in an organization. Some of...
Executive Summary The report evaluates the business environment in the UK. This is attained through evaluation of the business external environment. The analysis is conducted through the incorporation of the PESTLE model. Some of the environments considered include the legal, environmental, social, and economic environment. These environments are evaluated through...
Estimating future retirement needs Planning for future retirement needs should be done carefully. This can be attributed to the fact that retirement is an equally important aspect of the financial well-being of an individual just like investments and purchase of other assets. A challenge that most people face is coming...
In the 21st century global business environment, the increasing rate of globalization has meant that people from different regions find themselves in totally new working environments. Diversity has been a major issue of concern for global business managers in the recent years. However, the article of interest highlights the effect...
For Kay cardholders, the company charges an Annual Percentage Rate (APR) of 5%-24.99% on purchases not paid within 25 days after the closure of each billing cycle. Billing cycles occur after every month. The charges vary remarkably from one state to the next with Arkansas charged the least (at 5%)...
Introduction Who holds good leadership style is a major subject of debate to many people. While many people tend to think that a person is born with leadership qualities, others believe that leadership skills are learned, acquired and nurtured during a person development. However, despite the form in which leadership...
Introduction Security as a profession varies in terms of qualifications depending on the nature of the working situation (Simonsen, 1996). As a career, security is quite diverse since numerous factors must be put into consideration when defining the profession. In this case, there is no single definition that can stand...
Introduction Computer-based information systems are designed and maintained using these information systems (Jeffrey et al, 2005). The systems comprise application software’s which is used to support business and organization processes. The most used types of information systems are information technologies because they are responsible for assisting human beings to perform...
The goal of any production is to get as much profit as possible at the lowest cost. The modernization of management technologies can achieve such benefits since the final result directly depends on how effectively all processes are executed. The purpose of this paper is to critically analyze and evaluate...
A theory of change is a comprehensive description of how the desired change is expected to transpire in a work context. An organization or individual should admit three factors for succeeding in any change. It includes dissatisfaction with the current situation, a clear vision of the future, and the first...
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...
The fact that ethics and compliance are commonly confused demonstrated that they are close in meaning, yet there is a vast difference. As for me, the distinction between these two words seems to be in the fact that compliance rests on a pragmatic basis, while ethics is social and intuitional....
Introduction All organizations have requirements which prompt the implementation of certain tasks in a bid to improve the overall performance of the organization while at the same time ensuring that the organization is at par with recent developments in the specific area of operation. The overall success of the task...
All the companies strive to acquire the secret of success. In that matter, each particular business has its own secret of success. Thus, businesses require simple models, which will allow understanding and implementing the factors for success. In that regard these models should also be innovative, where models focusing functionality...
The term “human factors” encompasses the various influences on the project that its participants can have. In some cases, they will be positive, such as creativity or motivation, which can drive performance beyond expectations. However, in other situations, they will have an adverse effect, such as when team members engage...
The topic for this week is dedicated to economics, workers’ alienation, and conformity. The first article I wish to summarize is “White Collar: The American Middle Classes,” written by Mills (1951). This article concerns the research that Mills (1951) conducted about the role of the middle class in American society...
Introduction Strategic quality management plays a fundamental role in the development and implementation of organizational plans. Healthcare leaders have an essential duty to determine crucial tools and techniques that facilitate the progressive execution of projected ideas. In this sense, promoting patient safety is the primary objective of healthcare practice, especially...
The advent of democracy across the Western nations has also led to a scenario where few people own most of the available channels of communication. Media conglomerates have taken over the operations of digital media in most countries across Europe and America. The situation is not different in Canada where...
Today, the highly competitive market dictates businesses to distinguish themselves to grab customers’ attention and influence their positioning. Differentiation requires brands to invest into developing their marketing mixes. A marketing mix is defined as a totality of factors that a brand can control to influence consumers’ perception and desire to...
The sales commissions’ compensation plan is used by many business entities like Dasani Water Distribution Company as a method of remuneration and motivation to steer sales performance. This plan is two pronged and is objectively applied to compensation to sales representatives after closing a sale and also rewarding them for...
Introduction Ethics may be defined as a set of beliefs in relation to what is considered to be right or wrong. Behavior that is regarded as being ethical usually follows rules and guidelines that are acceptable in society (Reynolds, 2007). More often than not, those who act ethically are perceived...
Current project Presently, Ford Motor Company plans to install a photovoltaic system that is powered by solar energy at their Michigan plant. The project required a total of three million American dollars to be complete. Raising this amount of money appeared to be an insurmountable task, due to the after-effects...
Abstract Lidl, a Germany-based international discount retailer that primarily focuses on food, is considering entering another country’s market. It has narrowed its choices down to either Norway, where it had tried and failed to expand previously, and Mexico. However, the chain struggles to make the final decision and develop a...
OD (Organization Development) is mainly the practice and theory of planned, methodical change in the values, beliefs, and attitudes of the employees through creating and reinforcing long-term training programs. It is paramount to note that OD is action-oriented and it begins with a thorough organization-wide investigation of the current situation...
Introduction In most modern businesses, ownership and control are two distinct entities. This is because under certain circumstances, shareholders may be widely dispersed to an extent that it becomes hard for them to exert control over the management (Anechioco & Jacobs 1996). In order to ensure that the business is...
At some point in a person’s career, he or she may play a leading role in a specific capacity. One might consider recognizing or endorsing a particular style of leadership, whether he or she heads a briefing, project, group, or an entire company (Al-Malki & Juan, 2018). Most professionals develop...
Introduction Professionals in the healthcare sector need to develop and apply the best leadership styles to support the delivery of personalized medical services. They should also have appropriate models for improving their competencies continuously. Practitioners who focus on emerging ideas and meet the demands of the followers and patients will...
Marketers tend to implement deceptive practices that force the customer to believe they gain more profit than usual. Typically, these practices tend to provide misleading but appealing information about the product or service being offered. Even though deception is a commonly used method to attract more clients and increase sales,...
Industry: Apparel Stores Gap, Inc. Date: 01/09/14 Ticker Symbol: GPS – NYSE Recommendation: Hold Current price: $46.15 Price Target: $46.03 Earnings per Share Ratio 2009 2010 2011 2012 2013 Earnings per share 1.58 1.88 1.56 2.33 2.74 Price/earnings ratio 14.8 12.3 10.7 15.2 14.0 Highlights The company reported an increase...
The article, “understanding the basics of financial statements analysis”, by R. David Mautz, Jr. and Robert J. Angell, is effective in financial management. This article provides a logical format of the methods to use in analyzing financial statements. The article begins with an overview of financial statements analysis highlighting the...
The article under consideration, “Influence of participation in strategic change: Resistance, organizational commitment and change goal achievement,” written by Rune Lines, examines strategic change implementation. It highlights the importance of participation in the process for a positive outcome and reflects the possible adverse effects of employees’ failure to contribute to...
Lack of working capital (cash gaps), a constant search for money to repay debts to suppliers, employees, budget, non-payment of buyers, or customers all lead to the fact that a company cannot manage its obligations. These issues increase accounts payable in record keeping (Klammer, 2018). The solution to working capital...
The word leadership refers to a social process of persuading individuals to carry out certain duties. In the modern world, conservative meaning of this idiom has changed. An organization has some goals that are both long-term and short-term. To facilitate realization of these goals, the administration employs leaders who have...
Sainsbury’s was founded in 1869 by John James Sainsbury as a small shop in Drury Lane, London. However, in 1922, the company became the largest retailer of groceries, and now it is the second-largest chain of supermarkets in the UK and the third by market share. It possesses a sixteen...
Introduction Organizational development (OD) is a significant, science-based, and practice-oriented process that helps an organization build its capacity to change and attain heightened effectiveness levels. It can be made through the development, improvement, and reinforcement of organizational strategies, structures, and processes. Orpen (1997), Clifford, and Thorpe (2007) stated that organizations...
Introduction Technical projects are exposed to risks that can be potentially damaging due to the cost of investments incurred in such projects (Kerzner, 2006). The exponential rise in project costs not projected before the start of a project are risks with the potential to damage project progress. McNeil, Frey, and...
Introduction Ethics can be defined as a philosophical treatment of a moral order or the values that relate to human conduct with respect to the rightness and wrongness of a specific action. There are various codes of ethics established to govern different practices for example nursing, teaching and business codes...
Introduction This paper is an attempt to discuss the notions of trade-offs between working areas of logistics, the relationship between the selection of location networks and competitive advantage, and logistics value proposition within the broader framework of supply chain management. It starts by giving an idea of what supply chain...
In nature, all elements are interconnected, and each species plays a specific role, and so do honey bees. A decline in their population or what is even more frightening, the possible complete disappearance may pose a grave threat to the environment and compromise many agricultural practices. Throughout the last century,...
Fundraising for any purpose can sometimes be an arduous task. People are usually not inclined to give their money, especially if the assignment requires them to take any action. However, there are many methods by which the attention of the target audience can be attracted to a particular problem. This...
The AICPA Code of Professional Conduct determines the ethical principles that guide employees’ behavior and decision, especially Certified Public Accountants (CPA), to handle various issues via specific statements. The code sets standards for auditor objectivity, integrity, independence, liabilities to colleagues and clients and defines acts disreputable to the accounting profession....
Introduction All stakeholders in business need to be insured against all the risks that may occur in the process of the transaction; moreover, ethics should be upheld in any business field. Ethical business relations should be founded on honesty, fairness, justice, integrity, and trust; and those buying should be able...
The styles that a leader adopts may significantly impact the team’s performance. Those are numerous, and one can select what suits them the most and guarantees improved results. One of the recent and promising leadership styles is transformational. It appears to address the challenges set by the 21st century and...
Leadership is a significant concept in many spheres of life, and the military sector is not an exception. Leadership denotes actions that are taken to provide people with purpose, direction, and motivation to make them perform a specific task. Current security threats demonstrate that it is necessary to draw particular...
The following evaluation is for Chevron Corporation. Chevron is one of the world’s leading integrated energy companies, which explores for, produces and transports crude oil and natural gas, refines, markets and distributes transportation fuels and lubricants. Additionally, the company manufactures and sells petrochemicals and additives, and develops and deploys technologies...
Introduction Braintrust Toys is a medium-sized company specializing in toy-making that decided to shift from product development to an innovative strategy. Its new objectives include enhancing attributes and convenience of existing products, launching new products, developing new markets, hiring personnel that thinks innovatively, and hiring customer service-oriented employees to support...
Introduction Headquartered in Leverkusen, Germany, Bayer AG is one of the largest life sciences companies, and it was founded in 1863 through the partnership of Friedrich Bayer and Johann Friedrich Weskott. The company has a wide range of products covering areas, such as pharmaceuticals (prescription drugs, specialty therapeutics, and radiology),...
Smartphones are an integral part of any business owner’s work and many employees as it allows them to contact customers, colleagues, or suppliers quickly, control work processes, and solve problems. However, there is also the idea that the use of a smartphone blurs the line between work and personal life...
Introduction Assessing individual behavior in the context of influencing business outcomes is an opportunity to identify workers’ motivators. Based on the proposed scenario, the attitudes and job satisfaction of each of the four employees will be evaluated, and corresponding impacts on individual aspects of organizational performance will be given. Implementing...
Introduction Walmart is known across the globe for its revolutionization of retail strategy. It has maximized the cost-efficiency of all processes, including logistics, manufacturer relations, distribution, as well as human resources (Reich, 2018). Throughout its history, the company was one of the first to introduce numerous changes that helped streamline...
Key Stakeholders R.E. Freeman in his book “A Stakeholder Approach”, defines a stakeholder as” a group engaged varied interests and participants, each of them may contribute and attain rewards as a result of activities of a company or business.” It is to be noted there is an interrelationship that is...
Alibaba Group Holding Limited is justly regarded as the global leader among technology companies that specialize in electronic commerce. As a multinational corporation owning more than ten prominent businesses, Alibaba Group uses a holding company organizational structure (“Corporate Governance Guidelines”). This type of internal organization gives more freedom and autonomy...
Introduction In the present day, Nike may be regarded as one of the most well-recognized international companies all over the world. Originally called Blue Ribbon Sports, it was found by a track athlete Phil Knight and his coach Bill Bowerman in 1964 (Ahmed, et al., 2016). Over the past decades,...
Nokia Company was established in Finland and was renowned for being the first company to generate a cellular network making it a global leader in mobile phones. Nokia established itself as a market leader in the production of mobile phones. Nokia has its presence in over 130 nations. Initially, the...
