11670 samples of this type
Introduction: Description of the Organization The Home Depot is an American multinational retail corporation that operates in the industry of home improvement. It offers a high variety of tools, appliances, construction products, and services for both professionals and ordinary people who want to renovate their houses. Organization’s Strengths The Home...
The Company and Its History Nike was founded in 1964 by a University of Oregon track and field athlete named Philip Knight and his coach, Bill Bowerman. Nike was actually born as blueribbon sport however it was renamed Nike after a Greek mythology, goddess of victory in 1970 (Nike, 2020)....
Company rules, in a narrower sense, are referred to as a code of ethics, which implies a statement of company policy. It allows employees to become more familiar with the norms that must be followed. In addition, the rules include fundamental principles of moral and professional conduct (Gal et al.,...
Introduction Today, Walmart is a well-known American retail corporation promoting services in its hypermarkets and other stores locally and worldwide. This organization successfully proved its stability in three major areas: opportunity (employment and investment), sustainability (emission reduction), and community (specific social needs) (Harrison, 2019). Value chain analysis is a unique...
A retirement plan is important to develop in advance because of the benefits to individuals, businesses, and employees. It allows investing in financial security when some of the employees retire (IRS, 2022). Mr. and Mrs. J have been married for thirty years and have built a small business together that...
Introduction The Critical Incident Analysis (CIA) technique for responding to cultural variances provides a robust, subjective view of life. It eases the understanding of problems in any serious adventure, hence enabling managers to exemplify empathy concerning different cultural views. It fits occurrences that are important and have the propensity to...
The Boeing Company Boeing is one of the biggest corporations in the aerospace industry. The company works with customers across over 150 countries (Boeing, n.d.). Boeing operates through the development, manufacturing, and maintenance of commercial planes, space systems, and defense products (Boeing, n.d.). The core values of the company include...
Introduction For successful functioning, any company organizations need to establish a business plan. This allows the management to clearly follow the given actions and cover all the necessary aspects. Moreover, all corporations strive to organize a strategic plan and develop goals. It is important to understand that all companies should...
Boeing is one of the internationally recognized manufacturers of commercial airplanes, space, defense, security systems and global services. It is a multinational corporation based in Chicago, US and operates in the aviation sector (Bockel, 2018). The company was established in 1916 by William A. Boeing. It started by selling airplanes...
Expense Details HKD Converted to CAD ($) 1 HKD = 0.17 CAD Flight CI031, CI903 and CI910, CI032 US $ 1,523 Your City (Vancouver) – Hong Kong, China Hot meal provided Duty free for sale on flight 1,982.06 Hotel Grand Hyatt Hong Kong 1 Harbour Road Wanchai, Hong Kong RHKE...
Introduction Walmart has been a dominant force in the United States for the last 58 years. From the beginning, it has been able to time the market and execute new supply chain changes that have helped put it a step ahead of its competitors. Walmart has only ever had one...
Introduction Prior to the COVID-19 pandemic, most organizations were at their best times regarding performance and success rates. The operations of companies that used to take place before the COVID-19 period are now regarded as normal. The pandemic is known to have brought about several changes to daily operations and...
Nowadays, competition forces different organizations to search for ways to become the best amongst others in their field of operation. The range of possibilities might seem endless, from mastering the old techniques to hiring the most fitting people as their employees. However, nothing compares to a sudden innovation that can...
Current and Recent Economic Conditions The Canadian economy is currently experiencing growth that had already surpassed, in some ways, the pre-pandemic period when there was a significant recession. It is evidenced by GDP and unemployment figures, which slightly exceed the values of January-February 2020 after a prolonged increase from May...
Shopping has become an integral aspect of modern life. According to the rise in popularity of the internet, the development of online shopping turned the process from a necessity into entertainment and stress relief. The shift in consumer culture brought new possibilities but also unknown risks. While traditional shopping offered...
Brief History Like nearly all merchants, Wawa felt the pain of limited consumer spending as the financial crisis of 2008 progressed. Companies were actively copying Wawa’s products in reaction to the recession. Faster pumps with shorter lines and did not charge credit card fees became increasingly prevalent. Stoeckel summoned top...
There are many different examples of entrepreneurship examples in the modern world that show excellent results in their activities. One such example is such a famous personality as Mark Zuckerberg. This paper investigates and analyses Mark Zuckerberg’s entrepreneurial profile, the CEO and co-founder of Facebook and the youngest self-made billionaire....
Malcolm Gladwell introduced the concept of thin-slicing, which supports judgment using limited evidence. Gladwell states that thin-slicing is essentially making unconscious decisions by assessing little external evidence. Since thin-slicing is based on instincts, it significantly influences social behaviors, knowledge, attitude, and preference (Yani et al. 2). Rapid cognition has a...
Introduction The acquisition of Anheuser-Busch (AB) company by Inbrev was one of the most expensive bids in the beer industry. Both of the companies were considered TOP-5 in the beer market while operating in different regions. However, AB and Inbev were different in their approach to finance, marketing, human resource...
Background Amazon is a well-known online retail giant that provides products and services to customers and third-party sellers across the globe. It was established in 1995 by Jeff Bezos as an online book retailer (Bidkar, 2019). However, the company now sells various products and provides a platform for sellers. Amazon’s...
Introduction Contemporary Approaches to Human Resource Management and Development Human resource management is a factor within the organization that prominently influences the asset value and competency in the marketplace. The department deals in the optimal coordination of employees towards enhancing appraisal exchange. The intensification in digital entrepreneurial practices globally fostered...
Introduction Diversity in the workplace is an essential factor that increases creativity and innovation and allows the organization to hire different employees, thus making its workforce inclusive. Different elements create diversity in the workplace, including gender, nationality, age, disability and culture. However, some groups are subject to discrimination and assault,...
DuPont analysis is a commonly measure for the return on equity (ROE). The DuPont coefficient is a product of net profit margin, asset turnover ratio and equity multiplier (Jin, 2017). Net profit margin is the central measure of profitability which provides a percentage of revenues kept as net profit (Husain...
The 10-K report includes many factors involved in the business, and it can be hard for the inexperienced user to study the company via that form. Coca-Cola Company was chosen because of its steady position in the financial market and the well-developed supply chain, which interested me. Upon studying the...
Life’s Abundance is a multi-level marketing type of company located in the United States which focuses on selling healthy dog food (WoofWhiskers). As it is a MLM company, it majorly relies on two aspects: proper communication among the selling parties and successful representation of the distributed product to the targeted...
The smartest person I know is my friend who studies programming at university while maintaining a personal start-up and having enough time to maintain a perfect work-life balance. I am smart in my life position and attitude towards people. It is closer to a common-sense smartness in the way that...
Introduction A startup is a newly established business seeking to grow into a large enterprise or conglomerate. In this case, startups may either fail or succeed depending on the circumstances within which they operate. Some factors that make startup businesses fail include lack of good mentorship skills, mixing friendships with...
Retail marketing is a key aspect of the retail industry. Effective marketing is indispensably necessary for the current manufacturers because, with no retail store presence, businesses are unlikely to attain the high level of exposure or even proper product distribution offered. Succinctly, retailers help businesses through various marketing services such...
In the Pre-Industrial Society era, Starbucks would have experienced opportunities and difficulties in an equal measure because it was a new concept. People would not have been familiar with their products, and selling their ideas to potential clients would have been difficult. One significant opportunity would be the chance to...
Company Strategy The Disney Company is an international multimedia conglomerate produces many different types of products and services, primarily in the entertainment sphere. The company HQ is based in California, although most of the organization’s business is done both around the US and overseas (“Walt Disney”). The biggest markets for...
Introduction Copperbelt Energy Corporation PLC (CEC) is an energy company that produces, transmits, distributes, and sells electricity. The company generates electricity from water, solar, gas, and heat sources and sends it through a network of transmission lines, high voltage substations, and control centers. We are also investing in infrastructure development...
Introduction Hilton Hotels represents a worldwide extending brand of hotels and resorts. The brand’s reach spans 119 countries and properties on six continents. Hilton Hotels was established by Conrad Hilton in May 1919. Currently, it stands as one of the biggest full-service brands in the hospitality business. Moreover, it is...
A binomial tree is a financial tool that seeks to present a graphical representation of different intrinsic values that an underlying asset or option can take in different periods. The first general approach was developed in 1979 by Cox, Ross, and Rubinstein and has since become a popular method of...
Introduction The business under analysis is Avellin, a brand focused on industrial materials and automotive products. Avellin sells “resins and adhesive technologies,” as well as “lubricants and other automotive care products to commercial and consumer markets,” while passenger-car motor oil (PCMO) sales constitute its primary revenue and profit (Quelch &...
The Concept of Corporate Social Responsibility Corporate social responsibility (C.S.R.) is a developing idea that lacks a broadly acknowledged meaning at the moment. Generally, the concept is understood by how businesses incorporate environmental, social, and economic issues into their moral standards. Furthermore, they may entail customs, strategic plans, choices, and...
This paper is about a merger involving two companies: Dr Pepper Snapple Group, a soda-making company, and Keurig Green Mountain, a coffee-making company. It was announced in 2018 that the two companies wanted to come together to have combined efforts that would enable them to make new attractive beverages to...
Introduction In the contemporary business environment, international marketing enables an organization to compete effectively. Most organizations go global to increase their market share and succeed (Alon et al., 2020). H&M is one of the companies using internationalization as a strategy to achieve a competitive advantage. For example, the company wants...
Introduction Customers have more options when it comes to where they purchase products and services in the more competitive marketplace. For an organization to attain its targets, it should initially discover what shoppers desire and then select the ideal approach to meet their demands and preferences. It might be challenging...
Introduction and Organizational Structure The Toyota Motor Corporation is one of the largest and most famous car manufacturers in the world. Toyota is a worldwide firm with over seventy distribution hubs and fifty production units. The worldwide firm’s goods and services include specialty steel, auto parts, ship engines, medicines, property...
Introduction Thank you everyone for coming to this workshop. Today we are going to learn about the role of power in solving conflicts in a workplace. Conflicts are common in a workplace and they occur do to various factors including poor management, lack of communication, conflict of interest and conflicting...
Introduction Amazon is an American technology corporation that operates in different countries around the globe. Its business line encompasses cloud computing, ecommerce, artificial intelligence, and digital streaming. Currently, its brand is well known in the market following the nature of its services to the customers. The company is consumer-centric, and...
A criterion refers to the standards against which people or things will be measured. According to Sanders et al., 2021, a criterion is a set of skills, abilities, knowledge, and experience required for the job in employment selection. For example, it is best to do a job analysis when hiring...
beIN Media Group beIN Media Group is a corporation owned by the state which provides worldwide live sports events and entertainment across five continents. The organization is based in Doha, Qatar, and it distributes its services in seven different dialects covering North America, North Africa, Asia, Europe, Australia, and the...
Introduction The rate at which HP’s revenue was from 15.3% to $16.4 billion made the HP Company; Hewlett-Packard, recognized as one of the best in that industry when John Young was the manager. By 1992, the company was ranked the best in office and computer equipment compared to apple, DEC,...
Introduction Advantages that may assist an organization in outperforming its rivals are referred to as competitive advantages in business. In addition to being the largest low-cost airline globally, Southwest Airlines Co. is based in Dallas, Texas. When other airlines have struggled for the previous two decades, Southwest Airlines has emerged...
Argument The thesis argument of this persuasive essay will be that, despite some people’s opposite opinion, business administration is truly one of the most interesting, promising, and best majors for young students. Having experience studying in business administration course, it will be easier to present qualitative judgment about the strengths...
I believe that the stakeholder theory is superior to and argumentatively stronger than the Shareholder theory. This definite statement is very straight to the point but atypical for a standard persuasive essay (Weston, 2018). However, such a rhetorical move is necessary for the audience to understand the further narrative flow...
Introduction A code of ethics establishes an institution’s ethical rules and industry standards for maintaining honesty, integrity, and competence. While working as a consultant at eBay, I studied the code of ethics to understand my rights and opportunities. Organizational members who violate the code of ethics may face punishment, possibly...
Introduction The history of General Motors (GM) is characterized by periods of growth, stagnation, bankruptcy, and renewal. Between 2000 and 2014, GM encountered one of its worst moments when several recalls were reported. The corporation recorded unprecedented losses that set the stage for it to become bankrupt. The absence of...
Lockheed Martin is an American aerospace company employing over a hundred thousand employees. As a part of the company’s ethics and diversity program, a document was published called Setting the Standard detailing Lockheed Martin’s code of ethics and business conduct (Setting the standard, 2020). However, some argue that a company...
Introduction The services provided at a beauty center are varied and may range from haircutting to massage. Additionally, such salons have a section for makeovers, makeup, manicure, and pedicure. The hypothetical beauty salon chain named Paradise aims to offer beauty-based services that would attract and broad target market. Along with...
The constantly progressing world of economics and its subfields, respectively, require novel ideas and techniques to be acquired by future professionals. At the same time, extensive experience is mandatory for the new strategies to be developed efficiently. In that way, the interaction of accounting students and experienced professionals is an...
Risk management is a system that includes management strategies and tactics to achieve key business goals. The purpose of risk management in the field of economics is to increase the competitiveness of economic entities by protecting against the implementation of net risks (Segal, 2022). Risk management in an ideal organization...
This paper responds to the questions regarding online firms such as Amazon and brick-and-mortar retail stores. The paper looks at the specific advantages of Amazon over brick-and-mortar retail stores. The answers include brick and mortar retail stores’ responses to the online shopping competitors. The possibility of an “even playing field”...
PepsiCo Inc. is a multinational food and beverage corporation. It is to have multiple brands in various parts of the world. Its numerous brands market and distribute products in over 200 countries and territories. Frito-Lay is a North American company that sells branded snack foods, such as Cheetos cheese-flavored snacks,...
Executive Summary This report introduces the process of a company quality system implementation. The issue is addressed from the perspective of an aspiring leader who is yet to acquire the respect and confidence of their followers. A good quality system acknowledges the complexity of the business landscape that comprises both...
The consumer decision-making process can be broken down into five stages. For organizations selling high-engagement products, these processes are more pronounced (Chaffey and Smith, 2017). The first stage involves recognizing the need for a purchase, and it is entirely based on the buyer’s wishes. For example, constant image advertisements for...
Introduction The business context of focus for this discussion is SpaceX’s strengths and weaknesses. According to Pandya (2017), the United States is SpaceX’s primary customer with 23 launches. The company has launched various spaceships in its different missions, including geostationary transfer orbits, communications and weather satellites, human remains ships, and...
For Talabat, to integrate all its systems and manage business activities daily, enterprise resource planning (ERP) is required. It allows one to tie together and control multiple processes at the same time, including risk management, financing, accounting, supply chain operations, human resources, inventory management, procurement, and others (Alam & Uddin,...
Introduction Teamwork in organizations involves taking collective actions at all levels at the workplace to ensure collaboration. Cooperation is in contrast to the concept of individual effort that is devoid of collaboration amongst members of a workplace. Teamwork insists on ensuring that all members of the workplace are put into...
Systematic and Unsystematic Risks A company’s activity is always associated with a specific set of potential risks. The term is defined as “the potential of losing something of value,” and there are two categories of risks: systematic, which are associated with the vulnerability to various events that can negatively affect...
Introduction Apple Inc. is an American technology company in Cupertino, California that designs and develops consumer electronics, software, and online services. In 1976, Steve Jobs and Steve Wozniak founded Apple in California (Kabir, 2021). It successfully ranks among the most expensive and most prominent corporations globally, but this is not...
Leadership Virtues Questionnaire focuses on several virtues when approaching ethical leadership. According to Riggio et al. (2010), LVQ evaluates leadership virtues while looking at awareness and self-discipline skills. Prudence is one of the virtues, which entails the wisdom that enables an individual to ensure a balance when handling two extreme...
Many people face a problem: it often turns out to be much faster and easier to do the work on their own than to entrust it to another person, who, in fact, should do it. Or there are examples where people choose their partners based on attractiveness to them, and...
Ultrasonic humidifiers create cold steam consisting of the smallest particles of water. The water is vaporized with the help of a special membrane that oscillates at high frequencies. The new Proserve Corp. humidifier not only reduces dry air but also serves as an air freshener and comes in a variety...
Negotiations are an integral part of work processes, and they can take place in various settings – from personal meetings between employers and company employees to negotiations between states. Experienced negotiators understand the importance of communication and use multiple techniques to improve it. Other influential aspects of the negotiations are...
It is evident that the COVID-19 unexpected challenges make most major companies change their strategies and adapt to the new circumstances and the needs of their customers. It is possible to say that all organizations were in relatively equal positions, but thanks to the outstanding skills of their managers, some...
Introduction This paper explores the standards of professional ethics and how it affects the employees’ productivity at a workplace. In addition, the work ethics of different generations is investigated. As a result of the thorough literature review, it becomes evident that the older descents are more hard-working than, the younger...
Project cost and funding mix Ghandikota (2002) notes that the original project cost was $ 3.1 billion. It was subsequently reduced to $ 2.65 billion. The project was sponsored by well-known players in the sector with a solid technical and financial reputation. These include Enron Power Corporation (80%), Bechtel Enterprises...
In the competitive job market, most view politics, influence, and power from a negative perspective. However, we have to learn how to apply the concepts ethically in our workplaces to achieve our goals. Power to facilitate promotion can be acquired by ensuring outstanding productivity. In essence, one must ensure that...
Introduction Budget is an important component of a company’s financial structure and may aid in its growth. Debt often has cheaper funding costs than stock, making it an appealing alternative for CEOs. However, a firm’s cash might be harmed due to interest commitments. When corporations employ loan capital for commercial...
Nowadays, many companies face difficulties in decision-making processes, as, due to severe market competition and COVID-influenced recessed economies, the cost of mistakes becomes incredibly high. To offset the possible negative implications of wrong decisions on the company, more and more managers rely on statistical data to help them make the...
Project cost and funding mix The project is estimated to cost $295 million, including $75 million in equity and $220 million in debt. In December 2000, a $ 50 million direct loan and a $ 20 million supplementary financing facility were approved for the Meghnaghat power project by the Board...
Introduction Organizational change can become a necessary process for any organization. As the company develops and enters the global market, it is bound to encounter specific events and requirements demanding that the current procedures are altered. In this regard, ascertaining the external factors influencing the corporation, possible barriers, the readiness...
Jeffrey Stephen Wiegand is an American biochemist and former vice president of research and development at Brown & Williamson. Wiegand became known as a whistleblower when he appeared on the CBS 60 Minutes program and claimed that Brown & Williamson had intentionally manipulated its tobacco blend to enhance the nicotine...
Project cost and funding mix Kimura et al. (2020) state that the company is a joint venture between the Indonesian Government (Pertamina) – 55%, TotalFinaElf Indonesia – 10%, VICO Indonesia – 20%, and Jilco – 15%. According to Bontang LNG Plant (Liquid Natural Gas Project), Indonesia (n.d.), the project was...
Project cost and funding mix Egyptian Refining Company (ERC) is the largest infrastructure megaproject both in Egypt and Africa as a whole in the form of a public-private partnership. According to the Egyptian Refining Company (n.d.), this modern refinery is worth $4.3 billion. At the same time, equity capital is...
Workplace disputes are unpleasant, but unavoidable, and affect the overall atmosphere of the team. Workflows must be transparent and easy for employees to understand. If business processes are clearly defined, there is no room for confusion – the organization works smoothly. Because Diana had problems understanding the situation, a protracted...
I strictly adhere to the opinion that the SWOT analysis system can be applied in all areas. The media and automotive manufacturing will be no exception. According to Gurl (2017), SWOT is a tool used for strategic planning and strategic management in organizations, which consists of its own subsystems of...
Introduction The essay presents the principles and influence of scientific management in modern organizations. The writer identifies the five principles of the scientific approach to management as presented by Fredrick Taylor. The first principle requires the use of scientific methods in developing a task completion strategy. The second principle is...
In 2013, Zappos which is an apparel retailer, announced that it was shifting its organizational structure a more fluid, less hierarchical form known as Holacracy (Nisen, 2013). The principle of Holacracy is that it eliminates traditional hierarchy by essentially removing all position titles, managers, and other means of subordination. Instead,...
Financial Markets The article “The Importance of the Financial Derivatives Markets to Economic Development in the World’s Four Major Economies” by Vo et al., 2019 investigated the association between economic development and financial markets. According to the article, financial markets positively contribute to economic growth. Financial markets’ significance is realized...
Introduction Franchising is a marketing strategy that is usually used for business expansion in which one party (a franchisor) gives another party (a franchisee) rights and authorities regarding the sale of certain goods or products. The two parties enter into a contractual agreement for the sale of specific goods or...
The objective of the writing is to identify and examine the values as well as priorities of servant leaders, on which those typically rely in their behavior. For maximal visual clarity, the author conducted research on two groups, comparing and contrasting them to explore the influence of particular decision-making patterns...
Background Ethical dilemmas constantly occur in organizations and workplaces regardless of the industry and the size of an organization. They may differ significantly in terms of values, which are in conflict, or parties, which are at stake. Therefore, it may be essential to introduce a comprehensive approach to the decision-making...
Large corporations that create resources for human comfort and well-being rarely think about their actions on the environment. Environmental pollution is a severe problem, and the fight against it has been going on for decades. Corporations must be aware of their responsibility and understand how their activities are connected to...
Introduction At present, entrepreneurship is a broad term used in various settings, industries, and areas of research. However, in general, it refers to the process of creating a business or developing an innovative business idea (Nilsson, 2021). Experts emphasize creativity, charisma, communication competencies, and the desire to make a positive...
Introduction Organizational change has led to the improvement of a company’s performance at both local and international levels. Internationalization has not only boosted the overall performance of a accompany but has also provided various opportunities for members of an organization to retaliate. For an organization to increase its brand awareness,...
Every individual is unique; therefore, I believe that each leader’s method of directing a team is distinct. In my opinion, an individual’s personality is what determines their leadership approaches. Some managers are lenient, while others are strict, some are hesitant, and others are sympathetic. From my learning experience, the classification...
Introduction Interpersonal conflict is often referred to as a confrontation between two people or their disagreement on certain opinions and views. To form such a phenomenon, two contradictory opinions must appear. People, by their nature, often enter into various conflict situations and quarrels with each other. This is due to...
Many of the change leadership models represent the ways for an organization to make the most painless transition, yet they take different factors into their focus. Lewin’s theory is one of the oldest, and it has only three steps: unfreeze, change, and refreeze an organization to implement change (Hughes, 2016)....
Reflective Logistics/supply chain requires a myriad of skills, such as green logistics, purchasing, performance measures, and order processing, which are essential for creating a substantial impact in the clothing industry. Among the functions associated with the position includes providing support in surveying, pre-staging and ordering, inventory, and projecting performance measures...
Managers are responsible for ensuring their organizations’ advancement and overall success in attaining their set goals and objectives. The vision of any company is achieved through a long-term plan of various steps and measures known as a business strategy (Reddy, 2018). Every strategy is developed within a specific context of...
Doing business with an individual from the USA differs significantly from an Asian customer. The varying nature of countries and regions propagates diverse cultural norms. Businesspeople should consider these aspects when conducting intercultural commerce. The world is getting increasingly connected with individuals exhibiting cultural differences. Our response to cultural variations...
Introduction Servant leadership is a vital concept that every person aspiring to be a captain should strive to practice for their followers. This notion is profoundly portrayed in case 8.2: St. John the Compassionate Mission. The concept depicts how organizational culture and managerial tactics can be used to develop and...
There are multiple ways in which an individual can make the world a better place. Among them, a person’s career path remains one of the most important avenues of impacting their environment on many levels. This tendency is natural, as an average individual devotes a considerable portion of time and...
Introduction Risk management is a process that assists businesses in detecting, monitoring, evaluating, assessing, and managing unanticipated business incidences by providing a consistent framework. This technique has been discovered to be helpful by disaster management groups worldwide. Nature and human social life, tourism, entertainment, and events, are all impacted by...
Introduction With some unethical practices conducted by profit-minded marketers, the perception of marketing decayed to a point where most people deal with lies, deception, or manipulation. These practices could be legal but unethical or illegal, depending on the country’s legislative system. For example, marketing targeting children can be banned in...
Evaluating the financial situation of the organization and its capabilities is an important task to establish an understanding of its development. Several economic and financial success indicators can provide a comprehensive overview of the company’s past and current activities, examining the overall progress achieved over the years. This paper focuses...
Business ethics is one of the essential components of working in a business environment. Due to its principles, ethical problems and moral issues that arise during work between people can be considered and resolved. Moreover, ethical value systems also support business performance (Ferrell et al., 2019). This course’s study has...
Organizations are continuously adopting alternative dispute resolution by involving third parties after failed direct negotiations in conflicts. It usually entails either arbitration, conciliation, and mediation processes. In particular, conciliation calls for a third party who improves communication and relationships and monitors the discussion. I like consiliation because the opinions of...
The selection of either mechanistic or organic organizational structures is conditional upon their applicability to different environments, and, therefore, these models have nothing in common. Even though they are never met in a pure form, there are no similarities between the work modes corresponding to them regardless of the position...
Introduction Ethical standards in the field of accountancy are an essential factor due to the focus on uniformity and justice in the marketplace. Over the decades, different countries implemented various principles within the financial sector to enhance the optimal monitoring of the performance within the business environment. However, the expertise...
The definition between a leader and a manager is still relevant, which is reflected in the materials read. Toor’s and Ofori’s research became key to understanding the differences between management and leadership. In the course of studying the material, it was concluded that there is no clear distinction between the...
Tidd, J. & Bessant, J.R. (2009) suggested seven key components of an innovative entity, three of which are addressed in this essay. They are effective team-working, have a high-involvement environment, and external focus. Teamwork is a crucial part of any organization as it provides cooperation and collective problem-solving. Guchait et...
Summary Fitbit smart sense watch has led to the success of the company due to its upgraded features. The smartwatch tracks blood oxygen, stress, temperature, and sleep. The gadget has helped fight against the current COVID-19 pandemic since individuals can easily monitor their temperatures. Moreover, it helps the user keep...
Crocs is an American company that sells footwear and apparel of its own. The company operates in many countries with a wide range of all-season casual shoes, clothing, and accessories, while the main product of the company is molded shoes made of synthetic material. It has won the recognition and...
Introduction Since the beginning of the 20th century, the phenomenon of cultural transference has become extremely relevant in the context of multinational enterprises’ development. According to recent research, the paradigm of business is now engaged in activities aimed at finding a balance between the globalization trend and unification of products...
The level of market maturity has a strong influence on the degree and intensity of competition. The industry life cycle sets specific rules for the enterprises. Organizations need to understand the market development stages to form an effective strategy for survival and market capture. There are four stages in the...
PEST Analysis The Essence of the Strategy PEST is a sort of convenient and simple method for analysis of the macroenvironment of a business structure. The method is applied to examine the market and recent trends in an industry. Various factors constantly influence the organization producing cosmetics, so this approach...
The modern business world can be described as a highly competitive environment. It means that to achieve success, an organization should have a clear vision of how to evolve and what actions to perform to create the basis for future growth. However, it is impossible without the correct understanding of...
A leader’s job is a highly demanding profession that requires flexibility, the ability to motivate and correctly distribute tasks. Communication is a crucial skill, as it is at the very core of leadership. With its help, the manager communicates to employees their goals and objectives and helps in difficult situations....
I would consider investing $10,000 in PepsiCo Inc. due to various reasons. The company has a high current ratio of 0.984. The ratio indicates that the company has a greater ability to meet its short-term obligations. The company can maximize its current assets to satisfy its short-term debts and payables....
Summary My chosen product is healthy multicultural food, which should be provided to the customers of Active Retirement nursing home. Currently, the nursing home is offering a narrow range of dishes; hence, customers are unsatisfied. Moreover, in some cases, food quality is relatively poor, which is unacceptable for a nursing...
Abstract The instability of the economic, social, political and production environment, the rapid development of scientific and technological progress, high competitiveness and riskiness puts teams and organizations before the need to adapt to the changing context of managerial activity. The increased intensity, intellectual intensity, emotional intensity of work have discussed...
Introduction The bike rack market is growing and more relevant than ever – bicycles have always been one of the most common means of transportation or used for leisure purposes – but a renewed interest in fitness and outdoor adventure drives increased consumer demand worldwide. The major players in the...
Summary Many organizations and business enterprises are driven by the focus on profits arising from sales of goods and services. Our company has been experiencing rapid growth and advancements for the last few years. The management structure has undergone frequent changes as new tasks and obligations arise from expanded business...
Introduction Commerce is among the spheres, on which the pandemic of COVID-19 has had a considerable influence. The purchasing power of the population, the use of various payment methods, and the offline and online shopping rates – each of these aspects have undergone noticeable changes. The most substantial reframing, however,...
Introduction There are two widely discussed leadership types, which are usually applied to different organizations and industries. One of them is transactional leadership, which focuses on rewards and punishments as tools to motivate workers. The second is the transformational style, which encourages employees by demonstrating an organization’s path. Both of...
A professional code of ethics in marketing The American Marketing Association (AMA) has the mandate of promoting the highest professional, ethical values and norms standards for its members, constituting students, academics, and practitioners. The values committed to by the AMA represent collective conceptions considered morally proper, necessary, and desirable by...
Abstract Infortrack is a start-up company specializing in eCommerce and parcel delivery. The company operates on stand-alone offices distributed in London, Liverpool, Manchester, Bristol, and Chester. The different pickup stations use different data analysis applications such as Microsoft Excel, Statistical Package for Social Sciences (SPSS), and WorkBooks to capture and...
Purpose The primary objective of this memo is to document the revenue data trends while predicting future sales to identify the specific dates and locations that distinguish them from others. Data The data used in the analysis was collected from the firm’s finance department. It was tested for accuracy and...
The process of new product development has eight major stages and starts from idea generation. It involves a systematic search for ideas about new products, which is carried out mainly on the basis of internal sources of the organization. Then comes the idea screening: an analysis of all the ideas...
Management, like many other career paths, is constantly evolving with practices in the industry and technological improvements. However, there are a number of rules of management and skills a manager should possess in order to observe efficient operations at their workplace. These include consistency, which can be observed as a...
Changes in the global management paradigm have affected one of the most important components of management – the leadership process. A great example of a modern model of ethical leadership is the concept of servant leadership. According to Kumar (2018, p. 44), “servant leadership is about finding satisfaction and motivation...
Introduction A “postponement” strategy is a business strategy that defers investment until the last possible moment. It is believed that this strategy reduces the risk of unsuccessful investments and the potential profit increases. This approach has several advantages. For example, in supply chain management, in cases where it is impossible...
Situation You are the finance manager in a long term care facility that is struggling to remain solvent. The facility’s administrator has hired a consultant to work with you to increase Medicaid reimbursement. The consultant recommends that you be more “liberal” in coding the severity of residents’ needs to justify...
The case is concerned with a paper production company, Paperworks, wishing to expand its business and increase profits. It operates in two primary markets while holding the leading positions, but they are not as profitable as magazines and greeting cards. Thus, the company would like to have a presence in...
History of Sweets Bakery & More Welcome to Sweets Bakery and Cafe, where we serve the best specialties. We have been a part of this incredible community since 1995, when we opened our doors to the public of Houston. Since then, we have been proving our allegiance to the community...
A cause-related marketing campaign is a campaign in which a company aligns itself with a good cause in order to improve its reputation, boost sales, and make a positive difference in the world. One of the most well-known and impressive campaigns of such type is Nike’s Colin Kaepernick 2018 marketing...
Introduction An individual’s attitude towards risk might be associated with endogenous variations for many motives. First, possession of financial assets infers hostility with risky verdicts new to the person. Second, creating risky decisions denotes ambiguity and might contribute to learning in a group framework. In regards to portfolio selection, this...
The conceptualization of Nike as a company dates back to the year 1962 when its founders, Bill Bowerman and Phil Knight, where it was motivated by the notion that there was a market gap for sports shoes. Its initial name was Blue Ribbon Sports, whereby its desired goal was to...
Introduction Working for a company can easily change one’s perceptions of the processes behind a product or a service. Raith Nanofabrication provided me with an excellent opportunity to put my skills to practice and work in their IT department. The firm is a world leader in precision technology manufacturing. Raith...
The products offered by Samsung very significantly, occupying various spots on the market and demonstrating different growth patterns. One of the highly developed brands is Samsung QLED, a home television (TV) appliance that manifested remarkable market expansion during previous years. Furthermore, the market share of this product is tremendously high,...
Introduction The essay describes Ericsson, a Swedish multinational company, and its organizational culture. Notably, Ericsson was chosen for the study because it is one of the leading companies in the telecommunication industry. Moreover, it has an attractive corporate culture that deserves to be examined. Therefore, the paper includes discussions on...
The Just-In-Time inventory approach, commonly referred to as JIT, has been adopted by a number of successful companies worldwide. It is a somewhat recent development in operations management that ensures labor, goods and raw materials arrive at the premises exactly when needed for the production process. For the purposes of...
A team is an organization of two or more individuals aimed at performing a particular activity. The tasks are shared amongst the team members or can be handled by all the individuals. A team-based approach does not work well for all companies because teams encourage bureaucracy by prioritizing opinions and...
Introduction Tehindo is a leading producer and marketer of tea products. Goteh is currently presenting more sales and profits. Fteh is primarily marketed through modern chains and it remains less competitive. Supply chains for this product are complicated and unsustainable. The company is keen to make a final decision regarding...
PESTLE analysis revolves around six major factors, which are political, economic, sociological, technological, environmental, and legal elements (Perera, 2017). In the case of the former, Sony is experiencing significant political benefits and support from the Japanese government in the form of improved data security (ITA, n.d.). Sociological factors are manifested...
Discrimination is one of the major challenges that organizational leaders face within the workplace. Workplace bullying refers to any acts intended to intimidate a colleague perceived by the oppressor as weak. In most cases, bullying within the workplace applies in a pattern that is directed at specific individuals. Any form...
The global trading relationship has become much more in-depth and faster as a result of globalization, which has contributed to the exchange of technology and information. Some people say that there are no new markets left to develop. I am afraid I have to disagree with this statement because businesses...
Introduction Cost leadership techniques are helpful in consistent and reliable conditions. To achieve this, the Amazon Company has effectively implemented processes to lower employees’ costs and reduce expenses through lower-cost raw materials, manufacturing processes, and dissemination. Differentiation strategies might include trademark, innovation, service quality, distribution channel, and other factors (Kurt...
Introduction In the field of business, communication is an integral process that defines how information is gathered, analyzed, and delivered. An individual has to be ready to work hard to achieve a number of goals. Some of the most crucial tasks are to make sure that enough skills are defined...
Introduction People produce various things, both useful and entertaining, material and non-material, practical and creative. One can distinguish cultural and creative artifacts among all these products. Cultural artifacts can be defined as items that reveal valuable and useful information about the society that manufactured it or used it. For instance,...
Introduction A variety of similar patterns can be observed across the large-scale companies in the modern business environment, particularly in the area of budgeting and organizational financing. Provided the companies are operating within the same economy and industry, they are subjected to an identical set of laws and regulations, as...
Why Businesses Should Embrace Remote Work Transition to remote work has been a business trend even before COVID-19, but the pandemic forced organizations to adopt this employment type more rapidly and extensively. The study conducted by Felstead and Henseke (2017) shows that the percentage of people working mainly remotely rose...
Fashion Nova was founded in 2006, and today, this fast-to-market apparel and lifestyle brand has over 25 million social media followers. The company’s clothing is worn by stars such as Cardi B and Kylie Jenner. In 2018, it was the most popular fashion brand on Google. Richard Sagian, founder and...
Blue Nile is the online retailer of diamond rings in the US. Mission Blue Nile’s mission statement is to improve customers’ shopping experience by offering consumers high-quality jewelry and education so that customers can make informed, confident decisions. Most people are discouraged by the traditional jewelry shopping experience; the company’s...
Introduction Organizational development is an ongoing process intended to improve operations, attract new talent, and redesign existing models to meet the demands of all key stakeholders. Different theories and models have emerged that business leaders can utilize to improve performance. The Star Model is an outstanding tool that can guide...
As one would think that the years of advertisements that were offensive to women due to stereotypes were over, the Chinese advertisement for a new Audi proved everyone otherwise. The ad compared winding and marrying a wife to purchasing a car, stating that an “important decision must be made carefully.”...
