11478 samples of this type
Finances are required for starting a business and for expansion and development of the business. Appropriate access to sources of finance for a business largely depends upon the type of requirements of the business. Businesses require finance for long term as well as for short term purposes. Sources of finance...
Introduction The world of business in the twenty first century is getting more and more competitive as time goes by. The concept of globalization and free trade has only increased the issue further. This is true for any sector in the market which includes manufacturers, retailers, wholesalers, and service providers....
Introduction The case study pertains to a mid size pharmaceutical co. in the M 25 region. There are 290 employees in the company and the turnover for the company in the last year is £ 19 millions.They had an additional profit margin of £ 130000.The owner Rose Luxemburg wanted to...
The greatest want of any organization or corporate body is to ensure that it meets its objectives and maximize all the available opportunities. This is only possible if the management is able to monitor the performance of the entity with comparison to the predetermined standards and take the necessary action...
Business Overview Aldar Properties is currently the largest property developer in Dubai. Established in October 2004 as a real estate developer, Aldar has initiated ventures in the areas such as residential units, retail, commercial buildings, the entertainment industry, and five-star hotels. Currently, Aldar is the second-largest real state developer in...
This section continues the discussion of the issues that the company must face. The paper aims to cover some issues faced by the company such as being accepted by the market of the switch from gas to electric, adopting new technical expertise to make this change, coping with additional costs...
“Our reputation rests on bringing these products to market in a timely, reliable and environmentally responsible manner” (Overview 2008). Reputation in business is an important contributor to its success. The manner in which a company carries out its operations is vital to developing a good name. The role of the...
During the last 30 years, there have been significant shifts in employment relations and the HR management field of study. In today’s competitive workplace employers must remain attuned to the needs of their workforce. Those who do will have a distinct advantage. One of the tools being used by global...
Introduction The article in question is about formation of “organizational identities” through the organizational processes of communication. The author argues that the way in which we talk about work tells a lot about how our identity in the organization is formed as we move up the hierarchy. There is a...
Over the last 25 years, the main changes in patterns of work in UK took place in structure and composition of the working relationships. The main changes in structure are flexible schedule and shift work, increased number of part time employees and telecommuting work. The main changes in composition of...
Introduction KPMG is one of the most renowned and largest organizations in the world which provides professional services to its client companies and shareholders (Gostick and Elton 14). The relationship chain of KPMG exceeds over 145 countries. Its name has been set according to the four names of the partners...
Introduction In the present day, beauty has become an object of commerce and production, as the modern canons and requirements cannot be met by an average woman without physical interventions into her body. In the last centuries, beauty was amongst the major virtues of woman as well as the major...
Recommendations The procurement authority should adapt fixed-price lump-sum contracts where cost over-runs are met solely by the contractor in case of any. Introducing this new direction in the procurement and bidding world will be fundamental to protecting taxpayers from such risks. Armstrong and Sambamurthy (2006) assert that risk-sharing between the...
Population and Sampling Techniques Business research equips organizations with sound evidence supporting their decisions or enabling managers to develop forecasts. The exploration of employees’ attitudes towards projects, events, decisions is also an important part of big companies’ functioning since people’s perspectives have a considerable effect on organizations’ performance (Chakrabarti &...
Introduction In this report, we decided to explore the possibility of introducing Simple liquid soap from the United Kingdom (the fifth largest exporter) to Thailand. Although the general soap market in Thailand is declining, the liquid soap market is growing continuously. For example, the leader of the soap market, P&G,...
The case study on S-S Technologies Inc. portrays the importance of an effective organizational design for a continuously changing environment. SST, though was experiencing excellent growth in a period of recession, was plagued with problems that haunt fast-growing organizations. The case brings forth the dilemmas that SST top management faces...
“Culture: the way we do things around here” (Deal & Kennedy, 2003, p. 501).” Much of the current strategic management writing and that of the recent past has been preoccupied with a focus on corporate culture. The discussion not only centres on the question of whether corporate culture affects organisational...
Introduction Career counseling, as a broad sphere of theoretical and practical frameworks aimed at helping clients make the right professional choices at different stages of their life span, deals with a variety of specific cases. In order to develop an effective intervention plan and solve the client’s problem, a counselor...
Organisational culture is crucial to the success of any company since it shapes employees’ attitudes and behaviours, as well as organisational values and internal processes. However, corporate culture does not exist in a vacuum; it is influenced by the external context of the organisation, including the local culture. HSBC Holdings...
Adaptive leadership is a leadership concept that implies effectively responding to change that impacts the industry that a leader works in to ensure sustainability and development. The adaptation in regards to the requirements of the environment implies anticipating the changes and preparing the followers to ensure that they can respond...
To sustain an organization, one needs to delineate the roles for each participant clearly, which includes the shareholders as crucial agents of the business setting. However, locating the extent of the influence that shareholders should exert on a company is quite a challenge due to the unique circumstances in which...
Introduction Marina Bay Sands Singapore Hotel is a luxury hotel and casino on the shores of Marina Bay in Singapore. It is famous for its rooftop Infinity Pool and panoramic views of the whole of Singapore (“Singapore Luxury Hotel”, n. d.). The complex has everything for recreation and entertainment, including...
Executive Summary This paper focuses on the comprehensive analysis of the Redfin case study, with the key purpose of applying the strategic concepts and instruments. The following problems exist the need to increase profitability, the decreasing number of customers and increasing property prices, and poor decision-making regarding investment were identified....
Introduction A decision tree represents a visual support tool targeted at helping its user to make a conclusion on the basis of available data. It is a tree-like graph that shows a consequence of decisions that are made with the help of information on outcomes, costs, and utilities. Each branch...
Introduction Forecasting refers to the method of being able to predict what is going to happen in the future, and in business, the future is narrowly defined by the existing economic conditions. When organizations want to develop a forecast associated with their immediate performance, they collect data on previous experiences...
Linear Programming Operations Management: Summary Linear programming operations management is a mathematical strategy that is employed for arranging scarce or limited resources effectively while performing various tasks. It is also a technique that organizations can use to achieve profit by reducing the costs of any price. There are two functions...
Introduction An opportunity to create a competitive advantage, overcome financial challenges, receive stable profits and attract a large number of potential consumers are the consequences of following the practice of strategic management supported by modern business organisations. Along with these objectives, the task of building sustainable leadership positions is no...
Introduction Project financing is an essential aspect of project success. A detailed and well-incorporated process should be applied in the planning, controlling, and managing records of a project. It is not easy to attain the goals and objectives of a project since the process is constrained by challenges in finance...
Introduction The identified risk is the fact that teller connects are currently being implemented in SunTrust Bank to allow clients to access banking services remotely (Santana, 2015). Traditional banking allows clients to physically visit a bank and do their transactions. However, through SunTrust’s teller connects, the clients can use just...
Introduction Organizational theory can be defined as approaches and methods that are used in company analysis (Hatch, 2018). The concept is important in ensuring the productivity and sustainability of business and their products. Various strategies are often examined by companies. For example, Porter’s matrix has been used to analyze the...
Introduction The concept of management is often conflated with the phenomenon of leadership, which makes the role of a manager in an organization quite obscure for an uninitiated person. However, on closer inspection, a manager performs a range of set functions within a corporate environment, ensuring that a company delivers...
Cash Conversion Cycle (CCC) is a key performance indicator that measures the amount of time taken by a company to convert its investment in inventory into sales. It determines the number of days that the company has to hold its cash in inventory or other assets before realizing cash for...
Concrete Experience and Reflective Observation In my practice, I am responsible for a range of tasks to be accomplished by my employees. The goals may include leadership training provided to the crew leaders and team members as a part of process improvement activities. Performance management and safety issues are especially...
Concrete Experience and Reflective Observation For almost 14 years of experience as a leader, I have managed to explore many various challenges and obstacles that arise in the way of managers and slow down the process of solving relevant organizational tasks. When I was appointed as a supervisory board member...
Concrete Experience and Reflective Observation As one of the group leaders, I have to monitor not only such significant performance indicators as productivity, initiative, and other criteria for success but also the quality of teamwork. When undergoing training for a managerial position, we were taught that group formation had several...
Concrete Experience and Reflective Observation My experience in management and leadership at Bridgestone helped create several persuasive arguments in communication regarding ethical standards and organizational norms. It was not enough to demonstrate good skills in leading people. My goal was to achieve excellent results by demonstrating strong communication skills, developing...
Introduction Modern technologies are currently transforming business operations and processes. Uber Technologies is one of the companies that have capitalized on the power of smartphones and apps to deliver high-quality services to the targeted customers. Unfortunately, the organization is facing various obstacles that have the potential to affect its future...
Contemporary economic development is under the significant influence of innovation. New technologies provide companies with outstanding opportunities to improve their performance and achieve sustainability. One of the industries that benefit from technological advancement in aviation. This report focuses on innovative aspects in the activity of Abu Dhabi Airports, one of...
About the Interviewee Claude R. who is among the key financial officers of FedEx was born in Jackson. Almost eighteen years ago, he graduated from the University of Mississippi and started his career in goods delivery (FedEx, n.d.). During that period, FedEx was a young and promising company providing freight...
Evaluation Sanchez Loppacher et al. (2013) report about three possible options available to VASA. First, the glass producer can utilize its fleet to ensure complete control over its delivery operations. Second, the company can “take direct action with” its partners to ensure high-quality delivery to its customers (Sanchez Loppacher et...
Maintaining Current Partnerships Due to the increase in market demand and the company’s expansion to other markets, VASA faces various challenges and can consider several solutions. First, it is possible to focus on the solutions associated with the maintenance of the partnerships with the two transportation companies. This option can...
Introduction Conventionally, businesses are primarily created as profit-making entities, thus the majority of decisions seek to maximize the shareholders’ investment. However, the assumption that organizations exist solely to make money has changed over time with the emergence of the idea that such entities have some responsibilities to society. This premise...
The case “Expresso Espresso” gives a detailed analysis of a new coffee shop that is positioning itself as an emerging player in Mobile, Alabama. Its owner, Sylvester Todd, selected the best location since it is near a university with over 20,000 students and teaching professionals. The document reveals that the...
The rapid development of digital technology throughout the 00s has made possible the spread of fast and high-quality Internet connections around the world. In 2011, Justin Kan launched Twitch, which allowed a large number of viewers to watch live how other people play video games (Dave). According to Investopedia, “Twitch.tv,...
An attempt to transform the goals and aspirations of a certain company into a holistic picture is formed by its mission and vision statements. To attract consumers, to interest potential investors, and to argue the strategy of work clearly, relevant slogans are approved and promoted. As a target organization to...
Introduction American Eagle Outfitters is a clothing company headquartered in Pittsburg, Pennsylvania. The company operates both online and offline, with 933 stores as of February 3, 2018. American Eagle Outfitters also includes the Aerie Brand, Tailgate, and Todd Snyder, which add 114 operating stores to the figure. The brand has...
The term cooking the books is used to describing a range of fraudulent acts that companies attempt to provide false financial statements. Usually, cooking the books is associated with exaggerating financial data to report non-existent earnings. At the beginning of the 2000s, many Fortune 500 companies have been caught improving...
Introduction Initially, Isuzu Australia Limited (IAL) was manually distributing information to other truck dealerships within the region; however, this method proved to consume a substantial amount of cost and time and was susceptible to errors. The effects associated with the manual technique were a potential threat to IAL’s market position....
Introduction In theory, entrepreneurs and corporations will always do what is desirable and right to their customers and stakeholders. Many companies focus on existing principles, values, and laws to ensure that their processes are admirable. Ethical businesses also implement and promote appropriate action plans and initiatives that can maximize customer...
If you are wondering what Apple principles and advertising strategy are or how they plan their social media campaigns, you are at the right place! Keep reading to get some inspiration for your paper with the help of our essay example. Apple Marketing Analysis: Introduction Today, Apple Inc. is one...
Internal Promotion Vs External Hiring: Introduction Employee recruitment is one of the most critical decisions that human resource managers frequently make. They can choose between internal promotion and external recruitment. According to Buckman, Johnson, and Alexander (2018), the decision to recruit internally or externally should be pegged on the corporate...
Introduction Leadership is an integral component of nearly every sphere of contemporary life. It is equally applicable to business, education, or healthcare. On the whole, it is an ability to provide an impact on other people using one’s personal qualities and values. Management is another important sphere of any company...
Mission and vision of a company are one of the essential concepts that define the reason for its existence. Without specifying the purpose, all decisions in an organization would be made only based on the individual values of managers. The mission and vision determine the status of the company and...
According to Starratt (2004), an authentic leader brings himself or herself and everything he or she believes in his or her work. It is common to find definitions of authentic leadership to also include descriptions such as transparent, consistent, and accountable. Evans (2000) argues that trust is key in any...
Entrepreneurial Mindset It is true that every business starts with an idea. However, the most important prerequisite that a person seeking success in the business world should gain way before even considering to open his or her own business is the entrepreneurial mindset. An idea precedes action in the same...
Introduction Predictive analysis is a powerful tool for businesses and individuals; it has started to be used extensively over the past several years. Its elements are portrayed in some movies, in which characters use predictive analytics for decision making. Moneyball (2011) can be considered one of the examples of movies...
The modern standard of living puts forward new requirements for the health, the appearance of a person, as well as the level of service offered. Striving for the best is a kind of condition for the survival of people in the third millennium. One of the global trends in the...
The globalization process includes an increase in the geographic scope of economic activities of international companies. In today’s marketplace, companies realize that it is important to participate in the international market. Even though supply chains have become more international, they have also become more interdependent. That is why global supply...
How does Tom Peters describe a brand? Tom Peters defines a brand as “a promise of the value you’ll receive” in exchange for your time or/and money. Every company tries to stand out, showing that only they can satisfy their customers in the best possible way. Nowadays, with so many...
Introduction General Motors (GM) is an American-based company that manufactures motor-vehicles, as the name suggests. It is an international company, meaning it has manufacturing plants in various global regions and offices in a majority of the countries (General Motors). According to O’Callaghan, the company was ranked the leading carmaker in...
Executive Summary The present report is devoted to the issues of cross-cultural management in the international business environment and the situations of mergers and acquisitions, in particular. It is argued that cultural adjustment is essential for effective organizational operation in the context of global business. To understand why it is...
Research Question The research question underpinning a scholarly study plays a critical role in defining what data should be collected from both primary and secondary sources and establishes the path to be taken in an investigation. Bernard (2013) explained that a properly structured research question makes it possible to achieve...
Introduction With the dismantling of communism in Eastern Europe, former socialist countries have undergone. They will continue to undergo rapid and radical changes to virtually all aspects of their societal economy with the specific objective of modernizing their countries to catch up with those of the industrialized West. While these...
Case Recap Frito-Lay is a well-known manufacturer of snack chips throughout the world. It is the leading selling brand of chips in the United States. Their major brand includes Doritos, Raffle, Tostitos, Cheetos, Sun Chips, and Funyuns. Lynne Peissig being the vice president and general manager of the New Venture...
Leadership is an essential element at all levels more especially in organizations. Leadership entails directing other elements, through influence, to get things done. On the other hand, leadership style entails the manner and approach taken by leaders in providing direction, implementing plans, and motivating people. There are various leadership styles,...
Introduction This study analyses the marketing strategies of two multinational companies: Proctor and Gamble and Unilever. Proctor and Gamble have been in the global market for a long time, and their products are sold to millions of people globally. The company started as a privately owned business, but it quickly...
Liquidity ratios Ratio 2015 2014 Industry average Current ratio Current assets/current liabilities 914,952/291,969 3.13:1 838,589/266,158 3.15:1 2.2 Collection period (Accounts receivables * 365) / total revenue) (157,884 * 365)/1,631,737 35 days (158,823 * 365)/1,564,562 37 days 23 days Days cash-on-hand (cash + short term investment) * 365 / total expenses...
Introduction Background of the Study The world is increasingly getting competitive due to various dynamics in the business world. In this competitive environment, crisis is a factor that a firm may not precisely predict, and neither can it be overly prevented. Crisis management is one of the most challenging tasks...
Abstract This mixed-methods study conducted a survey and a follow-up focus group with employees of the Uganda Public Service in order to ascertain the impact of asset retrenchment on job satisfaction. The Uganda Public Service has made a number of organizational moves, especially in recent years, to make non-productive and/or...
Foreword Analysis of family businesses, as well as research into issues that may not only be unique to the family business concept such as diversification, succession and corporate governance, to name a few is not a new practice, but rather a well established practice from both, an academic as well...
Quality Policy for the company in accordance with the ISO 9001:2008 requirements Oberoi Hotels & Resorts is a five-star company that is governed by the ISO 9001:2008 quality policy (Oberoi Hotel, 2010). The reputation of the hotel both locally and internationally called for the need to formulate documentation that helps...
Abstract The situational leadership model, founded in 1982 by Paul Hersey and Ken Blanchard, remains one of the most efficient (Anderson & Anderson, 2001, p. 153). According to it, leaders should always consider the circumstances and respond to their followers’ behavior. Compared with the great man and trait leadership theories...
Could the implementation of the main principles of the TQM result in the significant increase of the level of performance of a company and its incomes? Nowadays, in terms of severe rivalry, UPS company tries to implement the strategy that will be able to guarantee its success and gradual improvement...
The Maxwell Scandal The Maxwell Scandal occurred in the early 1990s after Ian Robert Maxwell was found dead in the Atlantic Ocean. After the death of the owner of the huge publishing empire, the banks called in the loans, and the fraud made by Maxwell was discovered by a wide...
Target Audience Having worked in Exxon Mobil as a human resources professional, I have acknowledged certain issues the company’s top management has. The company is one of the leading producers in the world oil market and strategic planning is essential for its development. Social responsibility and environmental sustainability have become...
Introduction Edward Jones had been pursuing the same strategy for nearly thirty years and had become the fourth largest broker in the U.S. Central to the strategy was the belief that the end consumer was the only client to the firm. With the changing business landscape, stiff competition, and complex...
Explain what you think it means to conduct yourself as a ‘professional’, not just generally but with specific reference to ‘professionalism’ within the HR function. Professionalism is a concept that cannot be defined in one term. Considering professionalism within different professions, each new definition will be different from the previous...
Service Encounter Diary My Service Encounter at Simmers Restaurant Naturally, I am not a fan of leisure travel. However, being a middle-level sales manager in a local bank requires me to travel a lot and widely as my job entails going out there and seeking customers. But when my cousin...
Abstract This extended essay aims to examine whether Toys R us should Incorporate the use of online marketing in their sales plans within the vicinities of the Kingdom of Saudi Arabia or not. My scope is to scrutinize the advantages and disadvantages of using online marketing to purchase goods from...
Does Paul need to be an inventor? Paul does not need to be an inventor in order to be an effective entrepreneur. Entrepreneurs do not have to invent new ideas in order to be successful. A successful entrepreneur does not have to come up with original products or services for...
What is business ethics? Business ethics is the field of study that is concerned with standards and principles that guide the behavior of firms in executing their business (Ferrell, Fraedrich and Ferrell, 2011). In management, business ethics is concerned with issues of what is acceptable or unacceptable behavior within an...
Structured Abstract Purpose This paper explores the benefits accrued by organizations or institutions by embracing the modern methods of managing information. An efficient business needs thorough and methodological information management, which includes processing of information and making decisions. Information management system offers the information vital to run an organization effectively....
Introduction Conflicts prove to be an inevitable element of one’s social life. In many cases, disagreements between individuals and their groups are not destructive; moreover, they can actually contribute to the development and prosperity of the whole community. The function of a conflict is drawing attention to the problems that...
The purpose of this paper is to discuss the various enterprise resource planning (ERP) software packages that are commonly used by businesses to manage their operations. The ERPs that will be discussed include People Soft, SAP, Oracle, Microsoft, and Epicor. The discussion will highlight the features of the ERPs and...
Article Summary The above article discusses the strategies that the Samsung Company uses to market its various products in the local and international markets. The authors note that the Samsung Company boasts of a strong vertical integration in its industrial organization. From a single location, the company controls its designing,...
Reflection: Job applicant Interviews are part of any professional’s life. When undertaking an interview, the first impression of the person being interviewed is very important. It determines whether a person will pass the interviewee or not. The person should be calm and respond to the questions as effectively as possible....
Argue both sides of the Huerta/Calder debate. To which side would you lean? In essence, both the Huerta and Calder sides present invaluable arguments on the most viable system. However, I support the Calder side since their arguments are more reasonable and realistic. For instance, the Calder system has been...
Introduction In the essay, I am going to give my reflection about a group presentation in a Business Studies class. The essay will focus on my experiences as part of the group as well as lessons learned. The essay will highlight several areas of interest. These areas include giving the...
Definition of Terms and Concepts Organizational Culture Organizational culture can be defined as values and behaviors adapted by an organization. Organizational culture makes an organization to be unique in both the social and psychological environment. It is comprised of organization’s past as well as current assumptions including its values, philosophies...
Introduction Two aircraft, 200 personnel, and one route: this description perfectly fits Virgin Blue Australia in 2000, when it first took to the skies. Now, more than 2 decades later, the Virgin airline has grown immensely. It has also undergone a transformation. From a low-cost, no-frills carrier it turned into...
Situation Analysis Introduction Volkswagen Indian subsidiary was founded in 2007 to assemble, manufacture, and distribute Volkswagen vehicles in the country (Datamonitor, 2011). The company offers a variety of vehicles including Volkswagen Passat, Audi, Skoda, Jetta, Touareg, Polo, Phaeton, and beetle. The company has been using a multi-brand strategy that has...
Introduction Marketing has taken a completely new approach from what it was some time ago. Immediately after the Second World War, The world was turned into a global village. Communication was made easy with the invention of telephone. Movement was also made easy with the invention of air transport. The...
Identification of the changed Business Book publishing industry is changing the concept of book printing based on the new market demand and the changes in the new business technology market. These changes aim at increasing the profits earned by the company through increased book distribution. It also takes into consideration...
Leadership styles for different situations Autocratic leadership Under autocratic leadership, the leader has complete control over employees. Workers are not given a chance to express their views on pertinent issues affecting the organization (Biech 20). Most people dislike working under this type of leadership. As a result, a company or...
Introduction Product promotion is one of the major aspects of marketing. For a long time, marketing had been viewed as an operational function under the production department. However, as the competition started to rise, many firms came to realize that marketing is one of the main strategic functions of a...
Strategy and Change Effective management of organisational change requires embracement of requisite change strategies. Effective change strategy requires managers to establish various mechanisms for managing organisational scope in the context of organisational culture. For example, in this process, Graetz et al. (2001) recommend the necessity for an organisation to deploy...
A literature review of key theories of the nature and exercise of leadership in organizations Introduction Leadership related studies have for a long time attracted the attention of both academic researchers and practitioners such as organizational managers. There have been many definitions as to what exactly is meant by leadership....
Definition of Small Business A small business is any business that has less than 500 employees. Also, it is not a dominant player in that specific industry on a national basis. There are various areas of businesses that attract small businesses but the most notable ones are the retail, hotel,...
The competitive advantages of Nestle’s Nespresso brand? There are several competitive advantages that Nespresso has over other companies. This organization has a well-established brand that is recognizable to people living in different countries. There are other businesses that sell similar products but these companies are not as popular as Nespresso....
Why do large established companies, like IBM, find it difficult to build successful and sustainable new businesses? Large companies like IBM find it difficult to build successful new businesses since they become skeptical concerning the idea of building and defining their strategic goals together with boundaries. This is because they...
Executive Summary The Asian aviation market, albeit challenging, holds most of the potential for growth in the global aviation market. Comparatively, European airlines have been struggling to make a profit, even as they wade through the challenges of operating in a fragmented market and overcome the challenges brought by high...
Executive Summary The quest is on for the replacement of Mrs. McBaine*, Twinkletoes Early Childhood Centre’s* Director for the past 14 years. She has manifested her intention to migrate to another country, thus, leaving her post vacant. This paper analyzes her Director position and presents a recruitment process adapted from...
Executive Summary Amazon.com is an online retail company that has been in existence since 1994. Over the years, Amazon.com has been able to achieve tremendous online retail success, but recent years have seen the company struggle to distinguish itself in the market (due to increased competition). However, this paper notes...
Introduction Remington’s restaurant is famous in Tampa, Florida, which offers casual dining to its patrons. Although the restaurant has earned a good reputation in the hotel industry owing to the quality of services it offers to its patrons, it has encountered several complaints from patrons. In this view, the restaurant...
Expanding into new markets is a crucial step for fast food companies that are willing to remain relevant. The specified solution allows organizations to attract the attention of new audiences and increase brand name recognition. Therefore, for the firms such as Wendy’s entering the Chinese market is one of the...
What is the possible reason for the current pressure from the bank to reduce the debt level in 2011? While it is notable that Pacific Grove has made substantial growth in sales as evidenced by the financial statements, clearly, the increased costs of financing long -term financing has served to...
How Successful Was the Post-Meeting at Horizon Consulting? The post-meeting can be deemed as rather successful as each member was assigned a specific role and a set of responsibilities that served the common goal. Moreover, the participants teamed up with the partners that they felt like working with. Thus, rather...
Abstract This paper includes responses to the questions about EarthCare Program launched by Kimpton Hotels. In particular, the company intends to implement policies that can improve its environmental footprint. This approach can reduce the operational costs of this company and attract clients. Nevertheless, one should also speak about the high...
Stakeholder’s Perspective on Human Resource Management Stakeholder theory In a corporate, the management of human resources will mainly be concerned with defining and implementation of good management practices, while it overlooks the conflicts that may arise from employment and implementation of the same management practices. In most cases, the management...
Introduction The Lego serious play methodology is a problem solving and insight building approach or strategy whose aim is to enhance creative thinking among all participants in organizations (Gauntlett, 2007.p.131).Through the methodology, organizations are able to have the employees and shareholders think and express or speak their true feelings without...
Citation Brown, T. (2008). Design Thinking, Harvard Business Review, Reprint R0806E, 2008. Thesis Statement Design thinking is the ability of designers to match their methods and creativity with technologically viable ideas that can be converted into great value for the customer where these ideas can be turned into a great...
Ethical Issues Just like other products, marketing of pharmaceutical products requires adherence to ethical principles, as indeed, it directly influences human health (George & Stephen, 2008). The case of PharmaCARE entails improper and unethical drug marketing and advertising techniques that predispose patients to critical health complications. PharmaCARE implemented poor packaging...
Is MS’s market share so massive that it can behave like a monopoly? According to the case study, Microsoft’s world market share is so massive that the company behaves like a monopoly firm. The article indicates that Microsoft manages 90 % of all operating systems installed on computers. Similarly, the...
Introduction The Theory of Constraints is a well-known managerial theory for manufacturing and production system enterprises. Constraints are factors that limit the operational capacity of a manufacturing facility and it is the job of managers to remove these barriers in order to increase outcome and profit. The theory is essential...
Typical activity patterns in managerial work It has been revealed that managers usually do not have definite patterns of their activities in their managerial work. Sometimes, managers may spend their free time alone in their offices, interact with their juniors/ subordinates, or attend scheduled and unscheduled meetings. Importantly, some consistency...
Abstract The modern business environment is characterised by the increased complexity and sophisticated patterns of cooperation between multiple agents needed to attain success. At the same time, the high level of rivalry preconditions the importance of the competitive advantage. Under these conditions, the supply chain management as one of the...
Introduction DaVita is an enterprise specialized in offering dialysis services. It was originally founded and managed by Victor Chaltiel but, after facing severe financial difficulties in 1999, the company offered the CEO position to Kent Thiry. Within the following six years, the new leader and his team achieved significant improvements...
Organization Mission The mission of the Sunburst Renewable Energy Corporation will operate within the periphery of innovation and responding to the desire of the customers as a leading venture in the energy industry in the city of New York. In order to achieve this mission, the proposed Sunburst Renewable Energy...
Introduction In the business world, the realization of business excellence is pivotal towards fostering the success of an enterprise. In this respect, business organizations need to engage in actions that facilitate performance excellence. The areas of business operations that need a considerable extent of excellence include customer satisfaction, workforce fulfillment,...
Introduction During the last several decades, the retail industry has undergone considerable changes and achieved a number of positive, as well as negative results. On the one hand, there are fast and multiple distribution channels that can be used by different companies worldwide. On the other hand, significant competition and...
The executive team that works in the organization can contribute to the development and implementation of training programs significantly. It is important to note that the leaders’ knowledge and experience can be used actively when it is necessary to design or improve training programs in a company (Lee-Kelley & Blackman,...
The company presented in the case study is The Soup Spoon, which has 21 outlets in Singapore. Although its menu mostly consists of soups, the customers can also purchase salads, sandwiches, and wraps. The company’s ambitions are strong, and the founders of the company aim to become “the Starbucks of...
Five-Factor Model Applied to Ann Fudge, the CEO of Y&R Ann Fudge’s management style is open, which makes it easy for her subordinates to collaborate with her. She is positive and receptive to new ideas her workers propose, and this inspires them to perform better. She encourages her staff to...
Executive Summary In the current competitive business environment, it is increasingly becoming important for companies to come up with plans for improving efficiency in production, effectiveness in marketing, and a positive relationship with various stakeholders. This strategic public relations plan seeks to help this company to develop a close relationship...
Business Opportunities Commercial transportation and logistics companies are in search of new delivery solutions that would be more cost-efficient, environmentally-friendly, and able to meet customer interests more efficiently − drones can be an elegant solution to these needs (Wang, 2016). Advantage of Opportunity The project provides an opportunity to expand...
Communication Piece – Internal Security Change Message In today’s world, security is one of the primary concerns for large organizations, and Marriott Hotels are no exception. At Marriott, we believe that our most critical goal is to ensure that customers can experience the high quality of service in our properties...
Abstract Financial statements are an accumulation of reports of a firm’s monetary outcome, money-related condition, and cash flows. Budgetary statements signify a formal record of the money-related activities of an organization. These are composed of reports that measure the financial status, execution, and liquidity of an organization. Financial statements reveal...
Most of the contemporary companies, especially those operating in the context of the global market, strive for creating the environment in which the process of Information sharing and the production of innovative ideas will be unceasing. Therefore, building a team in which the employees both feel secure about expressing their...
Introduction In modern days, digital marketing is a widespread and all-encompassing area of advertising. Most companies use digital space at least in some capacity. As such, it is a subject of intensive study, as marketers strive to understand what attracts more customers and how to improve on the already existing...
Executive Summary Al Ghandi Auto Group holds a leading position in the UAE automotive market. In existence for more than 50 years, the company has established itself as a reliable brand that provides the highest-quality service, the best customer care, and the best overall value for money spent. The company’s...
The task environment in terms of customers, competitors, suppliers and the labor market NMC Healthcare is a health service provider that runs a group of private hospitals in the United Arab Emirates (UAE). It is the leading healthcare provider that has expanded to reach a total of 17 countries. In...
Analysis – Business Process Models and Strategy Analysis Two Business Process Models A standard business modelling notation provides an opportunity to develop business process models that can be understood by all people who work in this sphere regardless of their location and personal characteristics. It also allows bridging the gap,...
Executive Summary The aviation industry has experienced severe challenges since the global economic turmoil in 2008; however, the purpose of this report is to evaluate the financial ratios of Turkish Airlines and Oman Air to assess and compare the performances over a period of four years (from 2013 to 2016)....
Executive Summary Rogers Communication is one of the leading Canadian telecommunication firms. It is proposed that it should consider expanding its operations to the Indian market because of the size and increasing purchasing power of the population. The country analysis shows that India’s population, socio-cultural and political environment and good...
Introduction Situational leadership is an adaptive style of leadership that allows managers to make decisions based on what the organization needs in particular circumstances. According to the leadership theorist Ken Blanchard, “in the past, a leader was a boss. Today’s leaders can no longer lead solely based on positional power”...
The article under consideration entitled “Another Big Company Steps Up to Improve Maternity Leave” was written by Emily Peck on June 29, 2015. The author provides readers with information about recent changes to the maternity leave regulations at the Nestle company. The distinguishing feature of the innovation refers to the...
Organizational Goals and Vision Google’s vision of providing access to the world’s information in one click is in line with its primary goals. It is particularly relevant to the search engine service for which the company is popularly known. The service has enabled many people to access the needed information...
Organizations that implement change successfully will record positive outcomes within a short period. Any form of transformation will present new ideas, practices, and initiatives that can deliver desirable results. The issue of proper leadership is critical since it supports the entire process. This paper describes some of the key aspects...
In contrast to the intercultural competence, the intercultural incompetence can be defined as managers and employees’ prejudiced behaviors, negative attitudes to representatives of different cultures, and stereotyping (Deardorff, 2009). If the intercultural competence is important to guarantee the mutual understanding, cooperation, and openness in the organization, the intercultural incompetence can...
Contemporary medicine needs innovating solutions and effective organization of the care process. However, implementing innovation involves taking risks that have to be carefully assessed. Writing a business plan is usually the first step towards elaborating on a new initiative that helps to evaluate its strengths, weaknesses, and feasibility. While there...
Introduction This research paper covers some aspects of a possible career in human resource management. The career is important because it involves the management of the most vital resources – human resources in any organization. Hence, it is imperative to recognize that human resource management (HRM) is now considered a...
The Chipotle firm’s food safety problems deterred customers and reduced its stock by more than 20% leading to the shutdown of several outlets. How the Composition of Leadership Influences Outcomes Studies have shown that the top management team (TMT) has the responsibility of leading an organization (Colbert, Barrick, & Bradley,...
The First Article Critical Analysis of the Article The article by Ahmad, Brito, Rezaei, and Tavasszy (2017) examines factors that influence the sustainability of the supply chain of companies in the oil and gas industry. Given that the oil and gas industry deals with the non-renewable form of energy that...
Singapore is a country that has relied on the manufacturing industry to develop its economy. A manufacturing sector is a unit in the economy that deals with the processing, production, and development of goods from raw materials. It involves the biomedical manufacturing, electronics, precision engineering, general manufacturing, transport engineering, and...
Market-Oriented Mission Statement Fitbit’s current mission statement is customer-oriented, which is a good thing. A company based around catering to the wants and needs of the customer is more likely to find success when compared to a product-based company suffering from market myopia. Market myopia is what brought down giants...
Executive Summary Creativity and innovation are the key instruments of success in the corporate world. They aid in mobilizing resources with new aspects to create wealth. Creativity and innovation therefore lead to wealth creation. Organizations such as Procter & Gamble manage to achieve competitive benefits when they become creative and...
Introduction Business leaders are becoming increasingly aware that environmental factors affect their profits in significant ways. As a result, Environmental Management Accounting (EMA) has emerged as a mechanism for assessing the extent to which organizational activities affect the environment in addition to how the underlying costs influence their businesses. EMA...
The Kurt Lewin Change Management Model Developer The model was developed by a German physicist Kurt Lewin who immigrated to the United States in the early 1930s. He is known as a founder of social psychology (NHS, n.d.). Description of the theoretical perspectives The framework of his model consists of...
Situation Analysis Netflix, Inc. initially started as the world’s leading DVD rent-by-mail company with more than one million subscribers. However, the company is currently best known for its online media-streaming services as the television industry has changed dramatically since the initial launch of the company. Despite the fact that more...
The current “fix it” approach maintained by the Worldwide Chemical Company is ultimately faulty. As described in the case study, it leads to the decreased first-quality product yields and on-time deliveries, compromising the production cycle and hampering profits. Thus, the best way to maintain the company’s TQM effort is to...
