Evaluation of Monitoring Potential of Walmart’s Board of Directors

Summary The principal responsibility of the board of directors is to oversee the execution of strategies, plans, and activities performed by a company’s management. There are various areas that can be considered for evaluating the monitoring effectiveness of the board of directors. This paper evaluates the monitoring potential of Walmart’s...

Separation of Ownership and Control in Business

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...

Leadership in Healthcare Overview

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...

Leadership Coaching Program in Healthcare

Medical organizations are complex institutions that need strong, collaborative, and comprehensive leadership; that is why I regard leadership training as highly important for health care professionals. Effective leadership skills play a central role in their ability to deliver high-quality care and improve both clinical outcomes and patients’ satisfaction. The purpose...

Ethics in the Business World Based on Dilbert TV Series

In the fourteenth episode of the second season of the Dilbert TV series, the main character faces an ethical dilemma that makes him choose between his personal principles and various temptations. Moreover, the situation is further complicated by the fact that the product, which becomes the source of this dilemma,...

Coca Cola International Finance

Introduction Global investment banking is a vital component to the Coca-Cola organization due to the vast reach of the organization. Coca-Cola deals in 68 functional currencies around the world making global investment banking a key element of the organizations success. Net Operating Revenue Percent Change Year Ended 2007 December 31...

New Product Development Process and Its Stages

The new product development (NPD) process is critical to the emergence of new companies and the growth of existing organizations. To rationalize this process and derive the highest possible benefit from it, businesses structure it into several discrete stages, such as idea generation, market analysis, product development, commercialization, and market...

Lenovo’s Acquisition of IBM

In 2004, Lenovo was China’s largest computer manufacturer, while IBM was famous for inventing the personal computer (PC) in 1981. That is why the business world drew significant attention to the case when Lenovo acquired the IBM division in late 2004. Thus, the given paper is going to demonstrate that...

Brand Management: Nike Case Study

Introduction In general, brand management describes marketing, advertising, overall placement, distribution, and design of the company’s products and services that substantively contribute to the development of the brand’s personality. However, this term is also related to the perception and perceived values created by a company and its relationship with consumers....

HR Policies and Practices in Google

Correlating one’s personal traits and performance can be useful if the former is considered as one of many factors that affect the latter. However, I think that it should not be used as a sole basis for screening the potential candidates because personal traits cannot be only a performance predictor....

The Decline in the Honeybee Population and Its Effects in the U.S.

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,...

Hotel Management: Performance Improvement Plan

Introduction The variety and scopes of current marketplaces make it complicated for the companies to remain relevant to the market for a long time. It especially concerns the service sector, i.e., hotels and restaurants. The number of representatives on the market increases every day, so many companies fail to compete...

Five Types of Customer-Introduced Variability

When it comes to distributing service to customers, the most significant phenomenon refers to the fact that it is challenging to predict their behavior. Service managers should consider this fact by determining the amount of accommodation that they need. It is an essential issue because more accommodation implies more cost....

10-K Ford Motor Company Review

Introduction Modern public companies are expected to file Form 10-K annually in order to report the specifics of their financial performance. This report is usually rather comprehensive and detailed to reflect what financial goals were achieved by a company during a certain period of time (Epstein, 2014). The purpose of...

The Impact of Motivation on Employees

Introduction According to Chris Mittelstaedt, employee empowerment and collaborative teamwork are important elements to be considered when starting a company. His entrepreneurial path follows the need for change in his career life or business. His past professional background was instrumental when he began his company since he wished to treat...

Leadership Styles: The Example of Bill Gates and Steve Jobs

Introduction The leadership style determines the way the manager administers the work process. It is the leader’s behavior model, not depending on a certain management issue. Through a specific pattern the leader can achieve job satisfaction among workers and increase their productivity. The effectiveness depends on a specific management style....

Heineken’s Competitive Advantage Assessment

Heineken defines its internal environment by following behavior principles, which are respect for people and the planet, competition, and safeguard for its assets. The company respects the rights of people who work for them and ensures a healthy environment in the workplace. Heineken encourages employees to share their concerns in...

The Group Theory and Actual Group Experience

Working in a group is vastly different from working individually. A personal goal becomes a shared goal, and a new layer of processes and mechanics appears. This is what happened when our study group was formed. We had to realize the importance of goal setting, the hardships a group faces,...

Bayer AG Corporate Governance

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),...

Sole Proprietorship: Benefits of This Business Structure

If I were to start my own business, I would choose sole proprietorship as the best business structure for a start. Its advantages are ease of organization and low organizational costs. It is the most convenient structure for a small business in terms of taxation and less risky than a...

Managing and Appraising Employee Performance

It is impossible to make an organization function correctly if there is no list of the fundamental company values. In the period of the Talent Management changes (2003-2008), provided by the senior director of Maersk Group’s HR department and the head of HR, a significant meaning was attached to implementing...

Case Study of Columbia: HCA Hospital Business Ethics

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...

Woolworths Foreign Market Entry Strategy

Introduction Woolworths company has been in operation since 1924 and is arguably one of the largest chain supermarkets in Australia. Like any other business, Woolworths is looking to expand its business operations internationally to acquire new clients and grow profits. The company is renowned for its high-quality meat and grocery...

The Ford Motor Company Analysis

Introduction History. The Ford Motor Company appeared in 1863 in Michigan and was founded by Henry Ford. His purpose was to produce safe cars that would be available for the buyers from the middle-class. His idea was to make transportation from one location to another comfortable and fast (Link, 2018)....

Unilateral Contracts: The IBM and Niels Jensen Case

The example of the business case concerning IBM and Niels Jensen is a controversial one. There was a brochure – a written proof of the work proposal and a conducted deal. What is more, a quota letter can help during the case investigation. The case deals with unilateral contracts –...

The Importance of Leadership to a Team

Professionals in many different fields, ranging from social scientists to schoolteachers, pay much attention to leadership. Without any doubt, it plays a significant role in the 21st century. According to Achor et al. (2018), only 5% of people rate their current jobs as highly meaningful. At the same time, 95%...

Stages of Business Growth

Introduction Every company, regardless of its size and overall performance, experiences the phase of startup, growth, maturity, and either death or revival. Each stage makes an organization face unique challenges. For the owners, it is essential to be aware at which stage the organization is because this would help to...

Importance of Forecasting in Business

Forecasting is the estimation of the value of a variable (or set of variables) at some point in time in the future. Typically, the purpose of predictive calculations in an enterprise is to provide information to the planning process. Forecasting proceeds from the assumption that if a company can at...

Behind the Counter at Mcdonald’s

The first article I wish to summarize, “Behind the Counter at McDonald’s”, concerns Robin Leidner’s research conducted about the employees’ alienation due to the routinization of work. The author did a participant observation at McDonald’s as a model of formal rationality and standardized rules. The observation has shown that the...

Data Management in a Medium-Sized Business

Introduction This paper will use a medium-sized business offering highly specialized, high-quality business development education services as an example. Table 1 illustrates how the mixed data can be managed in the company. Keys here are customers’ full names, customers’ identification keys, and their respective sales orders. In the latter, the...

Situational Analysis of Apple Inc. Corporation

Description of the Company Apple Inc. is a telecommunications firm that manufacturers sleekly designed communication gadgets such as iPhones, iPads, PCs, iMacs, and other software offerings that work together with telecommunication devices. Apple Inc is headquartered in Cupertino, California with over 350 retail stores globally (Hitt, Ireland & Hoskisson, 2012)....

The Impact of Organizational Politics on Employees

Introduction Once in a while, employees working in an organization engage in workplace politics. In most cases, these occurrences arise when some employees tarnish their colleague’s reputations, hoping to receive favors from their seniors. Workplace politics refers to the act or process which encompasses human interactions with power and authority...

Employee Motivation: Monetary and Non-monetary Motivators

Motivation is a significant factor in business, as well as life in general. It is necessary for any endeavor to succeed, from one’s day-to-day plans to major business undertakings. Furthermore, motivation has a major beneficial effect on the company, firm, or unit in general (Lorincová, 2019). Thus, maintaining motivation in...

Heineken Company’s Business Strategy

Operation of any business, especially a multinational one, requires thorough planning and strategizing. Policies picked by the company for any local market depend highly on different factors, and consideration of them all is vital for the successful outcome. In the framework of this paper, Heineken’s business strategy on multiple levels...

Marks & Spencer Plc’s Strategic Management Accounting

Introduction It is imperative for all companies to set out their strategic plans which they use as guidelines and these plans indeed assist them in setting up the scope of their operations and controls which in turn ensure the sustainability of business and achievability of profits in the period that...

Toyota Motors: Strategy Analysis

Introduction Toyota has been known as one of the major global corporations producing cars. Originally founded in Japan, the company quickly grew into a global enterprise represented on multiple levels and targeting a wide variety of buyers. However, despite the attempts at incorporating the latest advances in HRM the company...

Ethical Issues in Hiring Process

In various circumstances, it is often necessary to consider issues from a moral point of view; hiring is one of the situations when stakeholders sometimes need to make ethical decisions. The task of the HR department is to evaluate which candidate can be considered for a particular position. At the...

Marketing Plan For Lee’s Cupcake Store

Introduction One of the main parts of doing business is planning, including creating a marketing plan. It involves market analysis, review of competitors and organization’s features, and a set of measures to promote and sell goods. It cannot be underestimated, since the study results are taken as a basis for...

Cinemark USA, Inc.: Problems and Solutions

Cinemark USA, Inc., also known as Cinemark Theaters, is a US-based cinema theater chain founded in 1984 in Plano, Texas. In 2016, its revenue amounted to $4.6 billion, making Cinemark Theaters the most successful cinema theater in the US. The three main revenue streams are ticket sales, food, drink, and...

Whole Foods Market and its Social Purpose

Introduction Whole Foods Market (WFM) is one of the most productive food retail companies in the United States. Its successful development was conditional upon the inclusion of social responsibility principles in business operations. However, the situation in the food market is changing rapidly, and WFM’s future progress now depends on...

Consumer Behavior and Advertising Effectiveness

Introduction The current report is aimed at investigating the effect of advertising on consumer behavior. Commercials and advertising messages have gained a significant level of influence on potential customers, thus defining the marketing success and the following revenue-generating of businesses. If the consumer is relevantly exposed to an advertised stimulus,...

Tada Ride-Hailing Company: Business Environment Review

Porter’s Five Forces framework is used for evaluation of the competition in the industry, considering various factors that influence it. When applied to a particular company, this analytical method provides an understanding of the firm’s potential, as well as challenges and possible strategies for achieving the best outcomes. In this...

Understanding the Counselor Identity

Abstract Two articles and one podcast were selected for this assignment. The first article by Spurgeon (2012) states that the lack of a unified professional identity has led to confusion within the profession. This is attributed to the fact that different counselors have used numerous definitions to come up with...

Coffee Maker Supreme: Assessment of the Impact of Recent Changes in the Company

Background Coffee Maker Supreme is a worldwide manufacturer of coffee making machines. The company has achieved a global reach in the past few years through its modernized web-based sales approach. The company had manufacturing plants in four different locations across the globe. However, due to the increased demand for specialized...

Juul Labs Report Analysis

Introduction The high level of competition and the rapid development of the business environment significantly impact the way companies evolve. In order to justify the reasons for an investment into a company, one should ensure that the company at hand effectively responds to the social, political, and business environments, as...

Verbal and Non-Verbal Communication Issues in Business

Introduction Communication plays an essential role in any organization and its performance due to the fact that the given process determines how freely essential information flows from one person to another. This exchange of ideas and information allows people to increase their performance because outstanding communication directly affects the overall...

The Principle of Relativity in Marketing

With three price options, 59$ for an online subscription, 125$ for a print subscription, or 125$ for online and print, The Economist convinces customers to purchase the third option. This strategy uses more than two alternatives, generally three, to create price relativity in the consumer’s mind. In the case of...

Bayer AG’s Company: Sustainability Information, Integrated Reporting and Corporate Giving

Sustainability Information (SI) Bayer AG is committed to disclosing both financial and non-financial reports to all its relevant stakeholders, especially its potential investors and the government. The company discloses its sustainability information as part of its annual non-financial statements in line with the CSR Directive Implementation Act (Bayer Global, 2020a)....

Benchmarking Logistics Performance – Walmart

Abstract All successful business enterprises are committed to or stress quality service in product manufacturing and distribution. Insistence on quality, efficient firm management, and a compelling need to satisfy customers’ demands has led to new methods of addressing the same. Logistic management is one area calling for benchmarking. Benchmarking ensures...

Dove Advertising Campaign “Real Beauty”

Thanks to the development of the media and social networks, people think about what is happening in the media space and express their opinion about it. Discussion of a Facebook post, a tweet, or a video can be complex, or even aggressive because content creators have tackled a controversial topic....

What can Managers do to Enhance Corporate Social Responsibility?

Identify a Current Problem The modern problem managers should solve in corporate social responsibility is the neglect of societies by the business organizations. Business firms are causing more harm to the people around them because they are not giving back to the communities but making them suffer from pollution and...

Universalism and Relativism in Global Social Corporate Responsibility

Norms, values, and behaviors of different cultures can often contradict each other. Therefore, an international company and its employees can be torn between the ethical principles of the host country, where they meet a completely different set of moral values. However, proponents of cultural universalism believe humanity lives in a...

Sigmund’s Gourmet Pasta Restaurant Marketing Plan

Introduction Sigmund’s Gourmet Pasta is developing a popular consumer brand and expanding its customer base. The restaurant has created a signature line characterized by innovative pasta dishes, such as fresh mussels and clams in a marinara sauce and pesto with smoked salmon. It also serves distinctive salads, desserts, drinks. Sigmund’s...

Supply Chain Management of the Sandwich Manufacturing Company

Push and Pull management philosophies The origin of the term push and pull can be traced back to supply chain and logistics management (Hugos 214). However, according to Nigel, the term is also used in marketing (76). The term describes the flow of information or products from one subject to...

Market Segmentation and Target Market

When launching a business, an examination of the market is one of the major business plan constituents. However, the notion of the market consists of a number of definitions often confused. The examples of such definitions are the market segmentation and the target market. Although these terms are often misinterpreted...

Angela Merkel’s Leadership Style – Article Evaluation

Analysis Main Conclusions Stefan Kornelius analyzes the leadership style of Angela Merkel – the Chancellor of Germany. The country’s citizens go to election in a few days and in spite of her successful eight-year leadership, the Chancellor might lose the elections according to Stefan Kornelius (2013). The editor of Germany’s...

Time Management Skills in Leadership

Time Management Self-Assessment Implementation of time management finds manifests in various types of activity. For example, taking advantage of a learning time, finding strategies to learn better and faster, compiling a list of things to do, etc. All of these demonstrates that time management capabilities are well-developed and of a...

Sexual Harassment Problem Analysis

Nowadays, sexual harassment is a burning issue, and it is largely discussed in society. As far as I understand it, sexual harassment is a type of inappropriate behavior in society, when a person gives someone hints with a sexual overtone or expresses their sexual desires explicitly. Gutek (2015) defines sexual...

Communicating the Launch of a New Product

Product profile The Pocket Wi-Fi is a device that allows an internet user to connect several Wi-Fi-enabled devices to the internet. This product is mainly targeted at the Canadian market and is developed to support the increasing number of Wi-Fi products that are being launched by other companies such as...

US and UK Corporate Governance Frameworks

Introduction Corporate governance can be defined as how companies and corporates are controlled and directed. Since corporates play an important role in the society of wealth creation, tax payment, and provision of employment, there is the need for them to be controlled, so that their operations ensure the maximum realization...

Leadership and Management: Differences and Similarities

Introduction Management and leadership are two closely related disciplines. These disciplines complete each other since there are instances when a manager has to show leadership qualities. Similarly, managerial skills are required of a leader. Despite the close correlation between the two disciplines, there are key disparities between the two disciplines...

How to Proper Establishing Objectives

Introduction An objective is a goal that guides the efforts of an organization to reach its target. Objectives are set as an element of effective planning. They are used to determine whether an organization has met set standards. Objectives provide direction for various activities and influence human behavior towards attaining...

Following Toyota’s Standards: The Case of Nokia

In the world of business, companies need to choose appropriate plans to become successful in the market. Some of such strategies are connected with customer-oriented initiatives and waste elimination practices. Toyota is the company that first introduced the lean enterprise model and Toyota Production System, and it has already proven...

The Nature of Leadership

Leadership is an interesting subject that excites so many people. When the term is mentioned, images of powerful individuals who head top Corporations in the world and army officials who have commanded victories in various big wars and politicians who shape nations come into our mind. We also think of...

The Importance of Case Analysis

Human beings learn better through examples and practical involvement in their study. In many instances, construction of theoretical information and making people understand the same becomes a hard nut to crack. As a result, many organizations have turned to the use of case studies as a mode of learning. Case...

Apple Incorporation: International Marketing

Introduction “Top bosses are often eager to try out the latest management theories and while they can be beneficial, often they become ‘flavor of the month’ and then thrown out of the window” (Daft, 2011).The key managerial functions however, remain defined and important regardless of how they are applied. The...

HE Sara Al Madani: One of the Brightest Examples of Women’s Success

Introduction Her Excellency (HE) Sara Al Madani is one of the brightest examples of the success of women in the entrepreneurial domain. She has started her career as a designer at the age of 15 and has since managed to garner recognition both in the native country and on a...

Four Employees Stages in Career Development

Employees develop their knowledge, courage, and experiences through working within a profession. Essentially, the development of employees within their professions undergoes various forms of manipulations depending on the level of experiences. Researchers present four stages which employees undergo during their transformation in an organization (Noe, 2010). The four career stages...

Renewable Energy Programs in Five Countries

Introduction Energy is one of the fundamental aspects of human life. Ranging from domestic to industrial use energy, it is in great demand. The unlimited demands for the energy has necessitated the innovative ideas to ensure that the supply is constant even in future. Several countries have devised mechanism to...

Etihad Airways: Strategies Analysis

Introduction The major differences between the organizations that are successful and those that are not is the degree of the effectiveness of their strategies. Any organization hoping to succeed in the market must ensure that its strategies conform to the prevailing conditions in the environment which could have negative impacts...

Figgie International: Managing Organizational Change

Management initiative is the key determinant of any organization’s performance. It is important to note that the success of any company is directly proportional to its leaders’ focus and the commitment of its employees. This paper is a management consultancy report that analyzes the circumstances that led to the difficulties...

Website Critique: Four Seasons

Four Seasons Hotels and Resorts Four seasons have chosen and owned a short and a suitable domain name. As a result, its domain name has been easily memorized by its clients. Website Health Check Form Design/Conversion Features Do the website show hotel and destination images? Yes Does the website show...

Cultural Differences in Business & Trade

Introduction and Background We live in a world of diversity. From one part of the world to the other we come across people of different races and cultures. These differences in most cases translate to a different worldview and therefore a different way in which people go about their day...

Human Resources Management and How It Is Affected by Globalization and Technology?

Human Resources Management or the employee workforce is considered to be the most valuable asset or the resource of any organization. The people working in any organization are the basis of its existence and they are the ones who are responsible for building its image in the society and market....

DataClear Company Analysis: Global Market Position

Short Term and Long Term Issues Having been one of the pioneer companies in data processing, the DataClear Company was a real need in the world of software about ten years ago. The company experienced its ups and downs knowing exactly what the users wanted at the specific tie of...

Layout Design for Organizations

Introduction Layout design refers to the configuration of equipment, work centers, and departments, with a view of improving the flow of work in an organization. Therefore, planning of a layout involves decisions on how to arrange centers for economic activity required by facility’s processes (Domschke & Krispin, 1997). If an...

Marketing in Web 2.0: Advantages and Disadvantages

Abstract Companies and organizations have turned to online marketing and advertising using web 2.0 technologies in order to capture the greater market that has now turned online. Web 2.0 can be summarized as a technology that uses new connections to expand its presence online. From the research which has been...

Human Resources Management: Job Analysis and Job Descriptions

Introduction The significance of job design is to develop jobs that fit effectively into the organizational workflow. The narrower focus of job analysis focuses on utilizing a formal system to collect data concerning what people do in their jobs and then use the collected data to generate job specifications as...

The Walt Disney: Analysis of Mission Statement and SWOT Analysis

Introduction In the world of entertainment, the Walt Disney Company has a positioning on top because of the unique, creative, quality products that it produces. This has enabled it to be an international company that is highly valued by its customers. The worldwide spread companies are mostly found in America...

Factors That Affect Variation in Supply Chain Networks

The world today is very dependent on a value adding, effective and reliable supply chain. In order to gain a competitive advantage in the supply chain, a country needs to match the aspect which add value to the supply chain with a unique advantage offered by its infrastructure and ease...

McDonald’s Corporation’s Analysis: Intangible Assets

Introduction McDonald’s corporation is undoubtedly the largest chain of hamburger fast-food restaurants in the world. The restaurant serves more than 58 million customers every day. The operation of Mcdonald’s is like a typical large chain that operates as a corporation, a franchise, or at times as an affiliate. It draws...

Work Breakdown Structure Definition

Introduction The success of any business enterprise whether it is a small scale, medium or large enterprise depends on how well its management department works. According to Lonergan (2010), project management is the process by which the management department of an organization plans, organizes, and manages resources of the organization...

Urban Outfitters: Objectives and Trends of the Company

Urban Outfitters was founded and established in 1970 and is a company offering a mix of distinct merchandise incorporating music, contemporary art, and fashion (Heidi 150). They owe their success to their growing ability to be in a position to understand their customers as well as relate with them emotionally....

Memorandum: New Policies on How to Use the Office Refrigerator

FROM: Secretary-General. TO: Members of staff. DATE: 14th Oct 2010. SUBJECT: New policies on how to use the office refrigerator. Following the complaints raised by a few members of staff on using the office refrigerator, the secretary-general has found it necessary to shortlist policies that will guide staff members on...

Personal and Organizational Ethics

Personal values, personal mission statement, and personal code Business ethics or corporate ethics is sometimes referred to as a form of professional ethics or applied ethics examining moral ethics or problems in a business environment (Velasquez, 2006). Business ethics should apply to all businesses activities, thus ethics must be associated...

Tom Ford: Brand Strategy Report

Introduction The main reason why a company undertakes a brand strategy is to offer diverse and a unique market for its products. It mainly comes when the company needs to expand its current market operations to capture more customers. Product branding establishes inherent values which attract buyers in the market....

Market-Oriented and Product-Driven Companies

A company that arranges its products, services and activities such that they are pertaining to the demand and needs of the consumers is called a market-oriented company. On the other hand, a product driven company is one that makes interesting and intriguing products. It is believed that for a company...

Employees’ Motivation: A Manager’s Challenge

Introduction The issue of motivating employees could be regarded as a strategy that calls for planning on a long-term basis. In addition, its impact ought to be felt by the entire work environment, with its implementation being accomplished continuously. For a long time now, management researchers and managers alike have...

Analysis and Strategy in Global Marketing

Abstract The paper examines the various strategies used in global marketing. The paper starts with introduction then outlines the Porter’s five forces model in industry competition and the effects of the barriers in global marketing. Then the paper examines the differences that exist among local, national, international and global product...

Business Communication: Values and Ethics

Introduction Values are personality or particular behaviors that are taken as sensible; they commonly represent the person’s uppermost priorities. Values include our thoughts, opinions and also beliefs. Whether the individual is aware or unaware, the person operates according to the coordination of the values. All the things that you do,...

Hilton London Paddington Hotel: External Influences

Introduction External influences are those factors that affect business and the business has no control over these factors. Many external influences do exist. These influences can be economic, legal, environmental or technological. This paper is going to look at these four categories of influences in relation to the hotel industry....

Philips Company: Product Lines Case

Introduction Philips Company specializes in the production of household appliances. Its markets stretch across the globe with a market presence in over 200 countries. The company is among the leading corporations in the manufacture of household appliances with major competition from Asian producers (Philips, 2010). This essay will analyze five...

Organizational and Consumer’s Buying Behavior

Introduction A consumer is defined as the ultimate user of a product/commodity or a service, while an organization is a social set up, separated by physical boundary with defined objectives. A consumer can influence an organizations buying behavior at the same time an organization can also be able to influence...

Use of Derivatives in Risk Management

Derivatives and Risk Management in Corporate Finance In the corporate finance, there are two thematic structures to be presented in order to foster the understanding and application of management principles in the physical context. There is the use of the term derivative and the other one being risk management which...

“Smart Business Networks: How the Network Wins”: Article Review

Introduction Smart Business Networks (SBNs) entail a creative approach in carrying out business activities through establishing a strong connection with key players and business processes to achieve better results compared to the traditional way of doing business (Holland et al., 2004, p. 254). Here, business organizations develop strategies that enable...

Strategic Human Resource Management and Performance

Employees are the organizational members of staff who are directly in touch with the targeted clients and this makes them the most critical feature of the organization. For a successful operational fiscal year, the Human resource managers have to ensure that they do recruit employees with potential and possess qualifications...

Hard Rock Café: Process and Location Strategy

According to Hard rock café (2001), Hard rock café does embrace the process focus strategy whereby all the facilities are centered on a particular kind of the activity or the process. These are restaurants and their concern only lies with the catering for the welfare of the paying clients who...

Authenticity of Products on Consumers

Introduction This marketing research tries to investigate how product authenticity impacts consumers to decision-making. Product authenticity refers to the validity or genuineness of a product being sold in the market. Consumers need to be assured that the product and services that they buy and consume are actually the original and...

Joint Venture of Office Depot (U.S.) and DeoDeo (Japan)

One of the vivid examples of market entry failure is a joint venture of Office Depot (U.S.) and DeoDeo (Japan). The main causes of this failure were inability to differentiate from other products in the same industry and the lack of market research. Market failure was caused by complex political,...

Future Trends of E-Commerce

Outline This paper deals with the future trends of e-commerce. The research project is focused on how the e-commerce market place will look like next year and after five years. The transformed position of the e-commerce after a decade is also discussed here. The improvement that has been made by...

Small and Medium Enterprises in the UK Business Environment

Introduction SMEs refer to the small and medium sized enterprises in the business world. They belong to the urban and the rural settings respectively. For a business to grow and prosper well, it has to involve itself in a number of activities. These activities are normally referred to as business...

Hallmark Cards Inc.: Trends and Countertrends

Introduction Ask any American whether they have heard about Hallmark Cards and the answer is more likely to be in the affirmative. This company has been around the American social scene for the past one hundred years. It was established in 1910 by one visionary teenager named Joyce C. Hall...

Customer Service in Rogers Wireless International

Abstract Rogers is a communication service provider that produces phones as well as other data devices. In my study of the services provided by Rogers wireless international, I looked at three of its customer care services and their impacts on the operations of the company. Three articles were studied which...

Role of Intermediaries Analysis

Discuss the role of intermediaries in Business-to-Business (B2B) In order to provide an answer to this question, it is first of all, necessary to understand what an ‘intermediary’ in a B2B transaction actually does. In real terms he/she could be said to bridge the gap between the buyer and seller,...

Red Bull Energy Drink: Marketing Plan & Strategy

Executive summary The marketing plan entails a marketing strategy for Red Bull energy drink. An overview of the external environment in the energy drink industry is given. The competitive challenges in the market are identified and hence the importance of developing an effective marketing strategy. The firm’s mission statement in...

Strategic Management: Definition and Value for Managers

Introduction Strategic management can be defined as either an art or science of business management strategy that helps to formulates, implement, and evaluate some specific decisions that prove very critical in reaching the organizational objectives (David, 2007). This definition, therefore, means that strategic management is a type of management inclined...

Peter’s Pizza Restaurant: HRM Overview

Introduction A company requires both physical and human resources for its operations. The human resource is the greatest asset that an organization can have; without it no business transaction can take place. It ensures that the business is run in the right way, and thus determines the current as well...

Starting a Personal Small Business

Introduction Small businesses have certainly started to play an important role in the growth and development of a lot of economies in the world today, and they are becoming increasingly popular. The reasons for this are not particularly hard to discern. More and more individuals are joining the small business...

Planning and Implementing of Corporate Social Responsibility

Corporate social responsibility is a broad term which can be defined in several ways. A concise way of defining would therefore mean that it is the social responsibility which the organization exercises on the societies within which they exist. In other words, it is the responsibility linked with the employees,...

Karl-Erik Sveiby: KM Today and Tomorrow

Karl-Erik Sveiby is world-renowned as he is one of the founding fathers of Knowledge Management. With over 20 years of experience, he is credited with the development of most of the concepts associated with knowledge management today. According to Liebowitz, Knowledge Management (KM) is the systematic and explicit application of...

Communication in Agilent Technologies While Layoffs

The way in which managers communicate change is very crucial to the success of a changed program in any organization. The communication style which the company decides to use should ensure that their staffs appropriately understand what will happen and why it should happen. They should also be in a...

J. M. Smucker Company: External Environment Analysis

Executive summary External environment analysis helps identify the opportunities and threats prevailing outside the organization. The company J. M. Smucker is headquartered in Ohio, in North America; it was established in 1897. It is a globally known company that manufactures and distributes food products mainly related to desert items, spreads...

Sustainability in International Business Operations

The aspect of sustainability is a major factor in determining the success of a business enterprise; it determines the ability of a business enterprise to develop intelligence measures which can be used in the analysis of opportunities and threats likely to affect the operations of the business. The aspects related...

Yumi Company’s Fashion Marketing

Introduction The fashion market is regarded to be one of the most changing markets in the world, as the tendencies and trends change every season. On the one hand it provides the essential dynamics for the development of this business sector, thus, only companies with high competitive capacity may survive...

The Caux Round Table Principles of Ethics

Introduction Carrying out certain business operations, every enterprise has to follow the established ethical principles, which are also known as the Caux Round Table Principles of Ethics. There are 13 of them on the whole, and their overall essence is in the fact that business companies should be driven not...

Market Entry Strategy on Example Wal-Mart

Nature of Business and Scope of Business The very word ‘retailing’ means nothing more than selling goods to people. This job is mainly done through the help of shops and other types of business outlets. Now, it is for sure that the fundamental understanding of retailing has changed a lot...

Avon: Quality Assurance, Motivation and Attitudes Change

Avon Products is a leading cosmetics company based in the USA. The company operates in a highly competitive industry and requires high standards of products and environmentally friendly policies. Quality assurance programs will help Avon Products to improve its production and satisfy customers’ needs and expectations. The two major issues,...

Total Quality Management: Impact of Globalization on Quality

Introduction TQM is the implementation of very comprehensive management techniques with very organized and structured approach to constantly improve the quality of products from continuous feedback from customers. Impact of Globalization on Quality There are several ways to ensure that information technology (IT) has been implemented into a business process...

Tesco Business Strategy

Business strategy According to welcome to Tesco plc: our strategy (Anon., 2009), Tesco has adopted a comprehensive business strategy which entails attaining consistent growth and increasing the scale of operation into the international market. The business strategy also entails attaining a competitive edge in terms of human resources. This strategy...

Antecedents of Brand Loyalty: The Case of Coca-Cola

Abstract This paper defines the importance of brand loyalty as a desirable outcome in the total marketing mix and personifies brand bonding in the case of a college student who cannot live without Coca-Cola. A refreshment needs to be created by advertising, demand for Coca-Cola grew via an unusually fortuitous...

Case of McDonald’s on Campus

Introduction The world of business is a versatile dimension in present days where every convenient means for making it effective is one more chance to exceed domains of a company’s influence. In this respect the ability of a company to provide new projects in making business successful and closer to...

High-End Retail Strategy Mix for a Shoe Store

Introduction Strategy mix is essential for developing a company. Without accurate retail strategy no organization can work. Location, operating procedures, goods and services offered, pricing tactics and various promotional methods are very essential factors for development of a company. This is the age of survival of the fittest. In a...

Steps in Problem-Solving Strategy

Introduction In professional and education and indeed in general everyday life, we encounter a myriad of problems that requires us to solve. A problem, therefore, can be described as a gap that separates the present state from the desired state (Davidson & Sterberg, 2003). This state produces on one hand...

Porter’s Generic Strategies Analysis

Choosing what position to take in the market in which a business function is an extremely important part of a company’s strategy. Michael Porter identified three basic strategies which cover the range of positions that a business can take to compete in the market. These three strategies are Cost Leadership...

Understanding and Managing the Brand Space

A brand can be related to the products or services and can define the functions, meaning, image, or benefits of those products and services; combining these two elements describe the concept of brand space. The arguments given by the authors in their article regarding the mistakes made by many organizations...

Strategic Human Resource Management Issues at Volvo

Outline Modern human resource management has evolved over time, with the development of new technology and competition among the companies in the increasingly congested market. Volvo Corporation has developed a management strategy to cope with their complex networks of business models all over the world. The first approach is remote...

Innovation and Product Development for Nokia

Innovation and Product Development: Best Practices for Nokia Nokia is a global company specialized in communication technologies. For Nokia, the “art” of entrepreneurship can be defined as a unique vision of reality and the world around us. Markets for a new venture’s product are typically not homogeneous. For Nokia, product...

Financial Decision Making in Organizations

Introduction Capital investment appraisal is very important to the United Kingdom public limited companies in the 21st century. The increase of competition has made companies more sensitive to projects that are profitable to the organization. An investment decision to be undertaken by the company will influence the growth of the...

Organizational Change Models by Kurt Lewin, John Kotter, and William Bridges

Introduction The merger of two companies with different organizational cultures inevitably creates difficulties for the manager who has to adjust his or her leadership style to the needs of the corporation and regulate workplace relations among employees. In this case, we are speaking about the fusion of two departments which...

Marketing System of Sakhr Software Co

Acknowledgements This paper is result of work of the number of people among whom I would like to thank the public relations department of Sakhr Software Co., the officials of Sakhr Software Co. who facilitated the conduct of my research in their enterprise, and the scholars whose research works I...

Marketing Communications Strategies for Consumer Vehicle Brands in the UK

Introduction The success of the business in the present world has largely depended on the marketing activities of that business. Marketing refers to the procedure and implementation of that processes to plan and execute the conception, pricing, promotion, and distribution of goods, services, or ideas creating exchanges, which will meet...

A Website for Selling Furniture

In a highly competitive global business environment, it is no longer enough to rely on traditional methods of manufacturing and marketing products. This is the Information Age where information regarding a particular company, whether true or not, can easily drive up or drive down sales. This means that the business...

Infosys Firm’s Information Systems Management

Executive Summary This research study is concerned with the role played by information systems management within an organisation. The company under exploration, in this case, is Infosys Solutions, an information system management company that provides information systems solutions to government, corporate and individual organisations. Following a brief description of the...

Organizational Structures: Ford Motor Company

The organizational structure of an enterprise can be affected by a great number of factors, such as marketing strategies, operations, human resources, and others (Bateman& Snell, 2008). Provided that we are speaking about Ford Motor Company we should first speak about operations. As a representative of the automobile industry, Ford...

Psychological Contract Between the Employer and the Employee

Introduction The psychological contract between the employer and the employee can be understood as an unwritten agreement, the formal definition of which can vary, but mostly revolve around expectations and beliefs regarding terms of an exchange agreement between the employee and the organization (Maguire, 2004). Accordingly, the agreement is not...

Operations Management: Ford vs. Firestone

Introduction Operations management refers to all sets of strategies and activities that are geared towards the careful management of processes to produce and distribute products and services. According to Bjorn & Rune (1999:294), the set of activities that are involved in operations management includes product creation, development, production, and distribution....

Information Systems at Boeing Corporation

Managers and business organizations invest in information technology and systems because such strategies provide real economic value to the business. The decision to implement or sustain an information system presumes that the profits on this investment will be higher than that of other assets. These higher profits can be expressed...

Hatch and Schultz Action Research in Lego Company

Introduction Action research undertaken by Hatch and Schultz in LEGO Company elaborates a handful of insights on corporate branding. It offers an insightful example of managerial challenges and dynamics involved in organizations that are used in developing global brands (Hatch, 2009). They argued for a shift from product to corporate...

Change and Restructure on Motivation the Workplace

Executive Summary In the last decades, businesses and organizations have been faced with the need for restructuring to make them more competitive globally and better positioned to meet their present needs. This development has led to the implementation of changes that have left the workplace a battleground between employer and...

The Role of Integrated Marketing Communications Campaign

Integrated marketing Communication refers to a general approach to marketing. This is aimed at ensuring that there is uniformity of message with the corresponding use of media. It involves the use of online and offline marketing sources. Online marketing channels comprise websites, e-marketing, internet TV, and blogs. Offline channels include...

IT Goals for Supply Chain Management

Executive summary This paper will base its discussion on the importance and role played by the information technology sector using system integration in supply management to achieve its goal when supplying. This paper will look at the demerits and merits that are to be faced by a manufacturer as he...

Harrah’s Entertainment Inc.’s Strategic Management

This is a report on Harrah’s Entertainment Inc. and its strategic position on the market. The company owns casinos, hotels, and golf courses. Historically, Harrah’s Entertainment Inc. sought to compete against the industry’s leaders by increasing its presence in foreign markets. The company’s mission states: “Each of our brands will...

Marketing Research: Japan Market Environment

Introduction This study refers to the market environment in foreign countries to promote teambuilding activities in order to implement a white water center in Montreat. Under this study, the market environment of a foreign country (Japan) is considered to analyze the potential market opportunities and threats. The following is detailed...

Conflict Resolution: A Constructive Approach

Introduction The case analysis suggests that in the workplace, conflicts are caused by misunderstanding and a low degree of participation in problem-solving. Clearly, if the parties can agree on mutual objectives then the problem is far easier to resolve than if they have conflicting objectless and personal agendas. A year...

Theoretical Models of the HR Role

Introduction In the scant ten decades since employee relations evolved from productivity-increasing ‘time and motion’ studies to ‘strategic HR’, the role of human relations practitioners has changed many times. Welfare management came and went. This was followed by administration, negotiation with newly-assertive unions, legal compliance and organisational development, all roles...

Business Communication: Message Analysis

Introduction An organization has to communicate a lot of messages to a variety of people in its day-to-day business operations. The message may be either business-related or non-business-related. For this, a proper communication process should be used to convey the message. By analyzing the feedback or checking the result, one...

Philosophy in the Product Development Process

The analysis of the world philosophical approach props up against the rationale and grounding of a definite idea. In this respect the fundamentals of philosophy and its implementation in the world of business affairs are viable. The situation of today constitutes that there are more points on making achievements in...

Security Managers’ Functions and Responsibilities

Introduction Security management is a broad field of management that involves a wide range of asset management activities, the physical security as well as functions that relate to the security and well being of organizational human resources. Just like all the other functions of business management (risk management, marketing management,...

Criminal Scheme: Utilitarianism and Deontology

Normative ethics refers to the attempt to understand or figure out what individuals need to do or whether their moral character is reasonable. Normative ethical systems are divided into three categories which include; teleological ethics, virtue ethics and deontological ethics. Deontological and teleological ethics are considered as action based or...

Evaluation of a Workplace Learning Environment

Introduction A career in Banking provides a good environment, for workplace learning. Bank Tellers have an opportunity to exploit their potentials and gain much from workplace learning. An evaluation of the environment in which Bank Tellers work is necessary to provide justification that indeed effective workplace learning can occur in...