11601 samples of this type
Introduction The present report aims at analyzing the strategic position of Toyota in comparison with its competitors, such as General Motors, Volkswagen, and Ford Motor Company. The paper uses Porter’s Five Forces analysis, PESTLE framework, and benchmarking to evaluate Toyota’s strategic strengths and weaknesses. After, the report identifies three strategic...
Introduction At present, Toyota faces challenges caused by production globalization, market development, and increasing product complexity. In 2009 due to a pedal problem, Toyota recalled millions of automobiles because of unintentional acceleration and inability to manage the crisis. A quality problem for a brand that has been renowned for its...
Introduction All leaders possess the ability to influence people around them but choose different methods to achieve their goals. Some prefer authoritative strategies, while others encourage the followers through charisma and a hardworking attitude. Numerous factors, including time, place, and environment, affect the leaders’ decisions and position within society. Famous...
Executive Summary Dyson Stores is a company that has been in the market for a long time and is doing well in its operations. James Dyson founded the company in 1991, and it deals in hand dryers, hairdryers, vacuum cleaners, and utensils (Dyson for business, n.d). The company is committed...
Number of Advertisements and Media Gaming marketers have capitalized on almost all social media and video platforms, including YouTube, Facebook, Instagram, Tiktok, Twitter, LinkedIn, Telegram, and Pinterest. For this research, I viewed five advertisements for each game on YouTube, Facebook, and Instagram for a day. The promotions were similar on...
Definition of Success Success is the creation of value – economic and social benefits and results to help individuals align with a set of values subscribed by the organization. Corporate success usually comes from a clear plan or strategy for carrying out a mission. But a process is not successful...
Effective Communication It is essential to promote the use of effective communication to increase productivity and performance in the workplace. Organizations that have communication issues tend to lag in their performance. Some of the benefits of effective communication include fostering understanding among employees and employers on the expectations of their...
Introduction Meraas Holding was established in 2007, having its headquarters in Dubai. It has a wide range of portfolios in different sectors of the economy. For instance, the investment portfolio has been spread across various sectors such as real estate, the hospitality industry, food and beverage, retail, leisure, entertainment, and...
5-Step Critical Thinking Decision-Making Model Step 1: Identify the problem(s) and uncertainties What exactly is the problem… The overall profitability of Clif Bar & Company is dependant on outsourcers since they do not own any manufacturing plants or distribution centers. The problem is this … Due to the recent shifts...
Supply chain management (SCM) entails the planning and management of every activity involving sourcing and procurement, conversion and all logistics management activity (Rajeev et al. 299). SCM encompasses a broader scope within the organization, which also looks at the coordination and collaboration with other stakeholders within the supply chain (Rajeev...
The present-day is often called “The Information Age,” but not everyone understands the reason behind it. People are generally aware of the ever-increasing opportunities to find knowledge, share experience, and obtain competence, but the information goes even deeper. To truly excel in most entrepreneurial undertakings, one must be aware of...
The first noticeable mistake is in the article’s abstract. While an abstract should contain all the significant points of the study, the authors did not mention their key findings in the abstract. Instead of clearly stating the findings or results, the authors noted that “the results represent an important step...
Introduction Global crises significantly influence various aspects of business, including production, distribution, sales, and stakeholder relationships. COVID-19 pandemic that is currently affecting most countries of the world has changed the reality for many companies in a variety of industry sectors, introducing unprecedented issues. One of these is interruptions in production...
International business is the highest form of entrepreneurial activity, and innovation plays a vital role in the conceptual idea of gaining a competitive advantage. The latter is conducted through elaborate modifications in the business model, knowledge connectivity, research and development, and organizational innovation. For example, in the hospitality and tourism...
U.S. GAAP standards are more focused on practical application in different accounting situations compared to IFRS standards, contain more recommendations developed for specific accounting issues, and leave less room for interpretation. In general, the accounting principles and reporting forms of these financial reporting systems are largely the same. Accordingly, a...
Tesla Inc. was founded by Elon Musk in 2003 and has become one of the most innovative companies on the market. The organization is engaged in the “design, development, manufacture, and sale of fully electric vehicles, energy generation and storage systems” (“Tesla Inc,” n. d.). Tesla provides service and charging...
COVID-19 struck the world, and companies all over the continent had to send their employees to work from home. It was a bit hectic for the employers since they had to make sure all employees get the tools needed to work with from home. Remote communication technology instantly became a...
Unilever is a Dutch-British multinational firm headquartered in Rotterdam, Netherlands, and London, United Kingdom. It is one of the oldest and biggest consumer goods enterprises globally – only topped by Procter and Gamble and Nestle. The organization attracts various types of consumer merchandise brands in beverages, personal care, foods, and...
According to the Oxford English oxford dictionary, a tort is an intentional or unintentional harm to another person or property. In most organizations, employees are exposed to various risks as they perform their daily tasks. The risk may be intentional when both parties, that is, the employer and the employee...
Abstract A company’s mission statement essentially defines the company’s reason for existence. It ideally incorporates the company’s most important values, as well as provide direction for short term activities necessary for the attainment of the entity’s long-term purpose. Companies will not often change their mission statements precisely because they define...
Dollar Shave Club’s value proposition and how does it differ from Gillette’s One of the major factors explaining DSC’s success is the unique approach to working with clients and the company’s value proposition. It presupposes a fair price and a client-centric service focused on the increased level of satisfaction among...
Expectations and Implications Ethical management allows business employees to feel comfortable and be productive at work. It also helps to avoid conflict situations and misunderstandings between the subordinates and superiors. An effective leader sets an example by behaving morally and encouraging other workers to do the same. This paper will...
The supply chain serves as the core of today’s enterprises, becoming the foundation upon which effective business operations are based. The correct organization of a supply chain is key to navigating along the optimal path in today’s globalized, changeable business landscape. As such, logistics networks hold special significance within vital...
The Needs and/or Expectations of Others Identification Stakeholders are individuals and groups that the organization impacts directly or indirectly. Therefore, businesses must identify and prioritize the needs and expectations through surveys, interviews, and feedback. My organization provides business IT solutions to individual and corporate clients locally and internationally. Customers expect...
Interpretation The summary under consideration demonstrates the air transportation supply company’s data and focuses on the employees’ salaries, bonuses, and performance. The analysis of this information results in the rise of a few questions. The first question is whether the company indeed needs many employees in its divisions. It refers...
Introduction For this week’s assignment, the stock prices of Tesla are reviewed using Yahoo’s Finance service. Tesla is a United States-based company that works in the industry of electric car manufacturing construction and is one of the companies owned by Elon Musk. Tesla is a great company, both because it...
Introduction Roberts (1997) asserts that Human resource management is an organization’s function that entails all aspects that are associated with the human resource or work force in a particular organization, company or institution. It entails aspects like recruitment, coordination and control of the people working in an organization. Some of...
McCallum makes the case that business schools are currently too focused on leadership to the exclusion of its counterpart. They aim to attract ambitious applicants who are hoping that by developing their leadership ability, they will be recognized and eventually reach an executive position. To that end, schools are making...
Executive Summary The report evaluates the business environment in the UK. This is attained through evaluation of the business external environment. The analysis is conducted through the incorporation of the PESTLE model. Some of the environments considered include the legal, environmental, social, and economic environment. These environments are evaluated through...
Introduction The balanced scorecard is a performance gauging tool that is meant to match business activities with the company’s vision statement. It is a strategic planning system that can be used to monitor business activities and the results that arise from these activities. A survey undertaken by Bains and Company...
The Main Areas of Improvement Previous case assignments have shown that there is a substantial communicative deficiency in coworker relationships. Not only do the team members interpret differently the same instructions, but they also argue about the correct course of action. The resulting disagreements lead to infighting, mistrust, and low...
Health care services are closely intertwined with business management. Each aspect of nursing responsibilities and management of daily operation should be supported by financial issues to ensure that the hospital is run effectively (Ward, n. d.). Though financial duties and responsibilities are imposed on the Chief Financial Officer, each nurse...
Introduction Firefly is a fast food restaurant located in Aqaba, Jordan. The casual environment blends its comfortable atmosphere with a menu of delicious burgers. In this case, the mission of the organization is to not only offer its visitors an unforgettable taste but also make the service as efficient and...
Estimating future retirement needs Planning for future retirement needs should be done carefully. This can be attributed to the fact that retirement is an equally important aspect of the financial well-being of an individual just like investments and purchase of other assets. A challenge that most people face is coming...
United Airlines Television Ads One of United Airlines’ traditional marketing channels for promoting environmental sustainability is television advertising. Environmental United Airlines TV ads are part of the United Eco-Skies program (“United Eco-Skies,” n.d.). The advantage of TV advertising is its broad audience reach. However, the lack of instant and direct...
For Kay cardholders, the company charges an Annual Percentage Rate (APR) of 5%-24.99% on purchases not paid within 25 days after the closure of each billing cycle. Billing cycles occur after every month. The charges vary remarkably from one state to the next with Arkansas charged the least (at 5%)...
Introduction Economic growth can be disassociated from the degradation of the environment by the development and use of new technologies (Hoque & Walsh 2011). As such, natural resources are depleting at an alarming rate. Therefore, it is prudent that governments, organizations, or individuals adopt sustainable innovation strategies (Weber & Hemmelskamp...
Introduction Leaders have a great and crucial role in steering organizations if they are to acquire followership and achieve the goals and objectives of the organization. They have a great task of inspiring the followers for them to have their commitment and share the same interests and aspirations regarding the...
The goal of any production is to get as much profit as possible at the lowest cost. The modernization of management technologies can achieve such benefits since the final result directly depends on how effectively all processes are executed. The purpose of this paper is to critically analyze and evaluate...
A theory of change is a comprehensive description of how the desired change is expected to transpire in a work context. An organization or individual should admit three factors for succeeding in any change. It includes dissatisfaction with the current situation, a clear vision of the future, and the first...
Introduction The modern world passes through a period of radical change visible in all spheres. The advances in technologies created the basis for the improvement in the quality of life and increased attention to the well-being of individuals. Moreover, medicine supported by new scientific discoveries promoted a significant extension of...
The fact that ethics and compliance are commonly confused demonstrated that they are close in meaning, yet there is a vast difference. As for me, the distinction between these two words seems to be in the fact that compliance rests on a pragmatic basis, while ethics is social and intuitional....
In the modern age, many firms are opting to adopt new technological operations. Companies have had to change from traditional brick-and-motor systems to e-commerce techniques. One of the firms that have accepted the transition is Bolt Inc. After rebranding in 2019, the organization decided to adopt some of the vibrant...
Introduction All organizations have requirements which prompt the implementation of certain tasks in a bid to improve the overall performance of the organization while at the same time ensuring that the organization is at par with recent developments in the specific area of operation. The overall success of the task...
Executive Summary The main objective of this final report is to prepare an IT strategic plan for Perisher Blue Pty Limited. Australia’s biggest and most popular ski resort Perisher Blue was established in 1995, which provides alpine runs, cross-country skiing, valley and bowl skiing, snowboarding classes, snowboard equipment, clothing, jewelry...
All the companies strive to acquire the secret of success. In that matter, each particular business has its own secret of success. Thus, businesses require simple models, which will allow understanding and implementing the factors for success. In that regard these models should also be innovative, where models focusing functionality...
The term “human factors” encompasses the various influences on the project that its participants can have. In some cases, they will be positive, such as creativity or motivation, which can drive performance beyond expectations. However, in other situations, they will have an adverse effect, such as when team members engage...
The topic for this week is dedicated to economics, workers’ alienation, and conformity. The first article I wish to summarize is “White Collar: The American Middle Classes,” written by Mills (1951). This article concerns the research that Mills (1951) conducted about the role of the middle class in American society...
Introduction In April 2017, the now-infamous Fyre Festival was supposed to provide a luxury music festival experience. However, arriving at the private island in the Bahamas, the guests discovered that none of their expectations would be fulfilled. In fact, the festival was canceled the same day it was scheduled to...
As compared to a firm that only operates domestically (in one country), an international company expands to multiple markets and, therefore, faces unique costs and difficulties (David, 2013). Internationalization is a high-risk high-reward strategy for which multiple global and international considerations need to be made. Financially, an international company will...
Introduction Strategic quality management plays a fundamental role in the development and implementation of organizational plans. Healthcare leaders have an essential duty to determine crucial tools and techniques that facilitate the progressive execution of projected ideas. In this sense, promoting patient safety is the primary objective of healthcare practice, especially...
The advent of democracy across the Western nations has also led to a scenario where few people own most of the available channels of communication. Media conglomerates have taken over the operations of digital media in most countries across Europe and America. The situation is not different in Canada where...
Today, the highly competitive market dictates businesses to distinguish themselves to grab customers’ attention and influence their positioning. Differentiation requires brands to invest into developing their marketing mixes. A marketing mix is defined as a totality of factors that a brand can control to influence consumers’ perception and desire to...
Abstract ‘Super Greens’ restaurant is a new medium-sized restaurant to be located in a busy locality of Westminster in the neighbourhood of some aristocratic areas like Upper Brook St.Our restaurant is supposed to provide organic food to consumers. Being dedicated to sustainable development, the restaurant purely focuses on organic foods....
Introduction Modern marketing requires a strategic marketing model known as Segmentation, Targeting, and Positioning (STP) for the practice to be complete. The model is focused on consumer marketing rather than the product. STP study enables a marketer to understand the customer, which will be essential in delivering a product as...
The sales commissions’ compensation plan is used by many business entities like Dasani Water Distribution Company as a method of remuneration and motivation to steer sales performance. This plan is two pronged and is objectively applied to compensation to sales representatives after closing a sale and also rewarding them for...
Introduction Alternative dispute resolution has been widely used to refer dispute resolution by means other than court adjudication (Staff 231). However, the definition of alternative dispute resolution incorporates a wide range of court oriented initiatives which are designed to facilitate a more effective administration of justice while overcoming delays and...
Continuing professional development (CPD) is the process when people improve their knowledge, skills and experience by means of special training courses. Monitoring and evaluating is the final stage of the CPD process. There are a lot of diverse ways how the CPD process may be monitored and evaluated, still, each...
Introduction Project planning is an essential element for achieving business success. According to Jacobs and Chase (2014), a project plan refers to the list of activities that should be performed to achieve a specific goal. This plan is the most useful when all stakeholders work together. Thus, the principal purpose...
About the company Brookside Dairy Limited is based in New Zealand. The company intends to enter the China and Middle Eastern markets with its milk powder product. This paper presents the company’s financial statement and a marketing plan to penetrate the markets in China and the Middle East. Financial statement...
The efficiency of data mining in Supply Chain Management (SCM) is becoming increasingly prominent and crucial for business success. SCM involves coordinating production, distribution, and transportation processes both within and outside the company to improve its performance (Sener et al. 2019). Generally, these activities entail a considerable amount of data,...
Introduction Starbucks is the world’s largest coffee shop retail chain operator. It faces keen competition from Mc Donald’s Corporation and Dunkin’ Donuts Inc. in the coffee market of United States. Luxury end products are supplied by them. The spending habit among the target customer group towards loyal products provides competitive...
Introduction For any business the organizational set up plays a pivotal role in the growth of business. Limited liability of ownership is originally associated with corporate set ups; but the same features with some modifications have also been applied in limited liability partnerships. There are other positive and negative features...
Current project Presently, Ford Motor Company plans to install a photovoltaic system that is powered by solar energy at their Michigan plant. The project required a total of three million American dollars to be complete. Raising this amount of money appeared to be an insurmountable task, due to the after-effects...
Potavin (2006) describes a true leader as one who maintains an uncompromising adherence to an internalized, but otherwise generally accepted code of moral values; who adheres to utter sincerity, honesty, and candor in all communication; and who avoids deception, expediency, artificiality, or shallowness of any kind in all situations. In...
Abstract Lidl, a Germany-based international discount retailer that primarily focuses on food, is considering entering another country’s market. It has narrowed its choices down to either Norway, where it had tried and failed to expand previously, and Mexico. However, the chain struggles to make the final decision and develop a...
OD (Organization Development) is mainly the practice and theory of planned, methodical change in the values, beliefs, and attitudes of the employees through creating and reinforcing long-term training programs. It is paramount to note that OD is action-oriented and it begins with a thorough organization-wide investigation of the current situation...
Introduction In most modern businesses, ownership and control are two distinct entities. This is because under certain circumstances, shareholders may be widely dispersed to an extent that it becomes hard for them to exert control over the management (Anechioco & Jacobs 1996). In order to ensure that the business is...
At some point in a person’s career, he or she may play a leading role in a specific capacity. One might consider recognizing or endorsing a particular style of leadership, whether he or she heads a briefing, project, group, or an entire company (Al-Malki & Juan, 2018). Most professionals develop...
The article under consideration, “Influence of participation in strategic change: Resistance, organizational commitment and change goal achievement,” written by Rune Lines, examines strategic change implementation. It highlights the importance of participation in the process for a positive outcome and reflects the possible adverse effects of employees’ failure to contribute to...
The word leadership refers to a social process of persuading individuals to carry out certain duties. In the modern world, conservative meaning of this idiom has changed. An organization has some goals that are both long-term and short-term. To facilitate realization of these goals, the administration employs leaders who have...
What’s Wrong—and What’s Right— with Stakeholder Management What’s Wrong—and What’s Right— with Stakeholder Management What’s Wrong—and What’s Right— with Stakeholder Management What’s Wrong—and What’s Right— with Stakeholder Management In the article In What’s Wrong – and What’s Right – with Stakeholder Management, John Boatright (2006) presents a stakeholder management concept...
Introduction Technical projects are exposed to risks that can be potentially damaging due to the cost of investments incurred in such projects (Kerzner, 2006). The exponential rise in project costs not projected before the start of a project are risks with the potential to damage project progress. McNeil, Frey, and...
Introduction Ethics can be defined as a philosophical treatment of a moral order or the values that relate to human conduct with respect to the rightness and wrongness of a specific action. There are various codes of ethics established to govern different practices for example nursing, teaching and business codes...
NationaliTeas is a fast-growing online tea shop that managed to grow from an unremarkable local business to a highly popular global organization with international partnerships and ties. At the same time, for the expansion and successful development of the company in the future, specific guidelines concerning communication with both international...
In 2004, Lenovo was China’s largest computer manufacturer, while IBM was famous for inventing the personal computer (PC) in 1981. That is why the business world drew significant attention to the case when Lenovo acquired the IBM division in late 2004. Thus, the given paper is going to demonstrate that...
Hospitality is a continuously growing industry, which only recreantly reached its peak. Such phenomena as democratization and mass tourism considerably propelled it (Vainikka, 2015). Thus, new processes, methods, and theoretical frameworks are applied in the industry, including strategic management, which has accumulated a considerable body of literature (Köseoglu et al.,...
Introduction Today, the development of marketing strategies and ways of business development is impossible without considering technology. The most common marketing technologies are online sales, digital marketing, SaaS, cloud computing, cloud storage, robotic process automation, and robotics to collate data. The fashion industry is a massive segment of the global...
In nature, all elements are interconnected, and each species plays a specific role, and so do honey bees. A decline in their population or what is even more frightening, the possible complete disappearance may pose a grave threat to the environment and compromise many agricultural practices. Throughout the last century,...
Mining is considered a physically demanding and hazardous activity for its workers. More than a hundred years ago, it had high mortality and occupational injuries due to insufficient development of technologies and methods for ensuring operations security. However, numerous innovations and regulations have been introduced over the past 100 years...
Introduction Project planning is the foundation of any project work success. Managers need to understand all the steps in the project planning process. There are several approaches to project planning but a few are universally acceptable as vital in project planning. This essay seeks to address the topic of detailing...
The styles that a leader adopts may significantly impact the team’s performance. Those are numerous, and one can select what suits them the most and guarantees improved results. One of the recent and promising leadership styles is transformational. It appears to address the challenges set by the 21st century and...
The following evaluation is for Chevron Corporation. Chevron is one of the world’s leading integrated energy companies, which explores for, produces and transports crude oil and natural gas, refines, markets and distributes transportation fuels and lubricants. Additionally, the company manufactures and sells petrochemicals and additives, and develops and deploys technologies...
Introduction Braintrust Toys is a medium-sized company specializing in toy-making that decided to shift from product development to an innovative strategy. Its new objectives include enhancing attributes and convenience of existing products, launching new products, developing new markets, hiring personnel that thinks innovatively, and hiring customer service-oriented employees to support...
Introduction Headquartered in Leverkusen, Germany, Bayer AG is one of the largest life sciences companies, and it was founded in 1863 through the partnership of Friedrich Bayer and Johann Friedrich Weskott. The company has a wide range of products covering areas, such as pharmaceuticals (prescription drugs, specialty therapeutics, and radiology),...
As a rule, a group goes through five stages of development before becoming a team, each of which implies its functions and goals. The dynamics of the group’s behavior and development changes as it moves from one stage to another, and it requires different actions for greater efficiency. The team...
Businesses are interested in the most effective outcomes of their operations and desire to receive recognition and popularity on the market. For this reason, they learn to apply the concept of marketing and hire educated professionals who help them on this matter. Marketing is one of the most essential topics...
Introduction Assessing individual behavior in the context of influencing business outcomes is an opportunity to identify workers’ motivators. Based on the proposed scenario, the attitudes and job satisfaction of each of the four employees will be evaluated, and corresponding impacts on individual aspects of organizational performance will be given. Implementing...
Key Stakeholders R.E. Freeman in his book “A Stakeholder Approach”, defines a stakeholder as” a group engaged varied interests and participants, each of them may contribute and attain rewards as a result of activities of a company or business.” It is to be noted there is an interrelationship that is...
Alibaba Group Holding Limited is justly regarded as the global leader among technology companies that specialize in electronic commerce. As a multinational corporation owning more than ten prominent businesses, Alibaba Group uses a holding company organizational structure (“Corporate Governance Guidelines”). This type of internal organization gives more freedom and autonomy...
This report examines contemporary approaches to Project Risk Management, their advantages and disadvantages. The paper further makes recommendations as to appropriate risk management process that should be implemented within the context of my organization. A risk is an issue that might come up. If it happens, it may affect the...
Introduction Woolworths company has been in operation since 1924 and is arguably one of the largest chain supermarkets in Australia. Like any other business, Woolworths is looking to expand its business operations internationally to acquire new clients and grow profits. The company is renowned for its high-quality meat and grocery...
Executive Summary The information management in any media integrated organization is of great significance as it ensures coordination of activities well in such organizations. In this regard, therefore, media integrated houses should ensure that; their information systems are well managed as this will determine their efficiency and effectiveness in terms...
The gambling industry has become a major source of income for many local governments in Canada. Some people think that it is unfavorable for governments to operate casinos and lotteries. They suggest that private organizations should conduct business while governments should only work on collecting taxes. Churches consider gambling to...
Putting safety performance in priority means adopting a strict set of regulations. Its first strength is a systematic approach to accident prevention, which helps directly identify their causes and consequences. Second, it is designed by managers, thus minimizing the possibility of being altered by workers. Third, it is streamlined, meaning...
Google and Microsoft are major multinational technology companies, together with Amazon and Apple they constitute four ‘Tech Giants’ – corporations which dominate the information technology sphere. While Microsoft and Google have similar business models, it might be relevant to research the differences in their functioning. Microsoft was the first company...
Higher Professional Level Acknowledgment I am thankful to many of my colleagues and professors whose help led to the paper submission. I want to thank my tutor for recommendations, research support, and help in organizing the paper, and to the management staff of the organization, I am working with. Executive...
The oil industry works with one of the most expensive commodities in the world, and it includes a few large companies. Royal Dutch Shell is among them, being the top producer of this resource globally. The company has a long development history that implies a few modes of entry in...
Unions are an essential agent in helping a company to ensure that the rights and needs of its employees are met. Therefore, increased safety of staff members and greater trust in relationships between employees and the company can be considered the key characteristics of a unionized setting. Rights of the...
The modern world’s culture is almost entirely dictated by global corporations. Many small companies are part of huge conglomerates that control the media and cultural space. Often this influence seeps beyond the boundaries of general human leisure and affects other aspects of life. This essay aims to analyze one of...
Introduction Determination of full costs and selling prices is one of the most important methods of costing in any enterprise that is aimed at improving on profitability as well as making decisions. Most of the organisations face challenges in trying to figure which method to use to both full cost...
Introduction Businesses rely on pricing strategies to maximize their sales and profits. Marketers consider various factors before determining the best pricing method, such as existing conditions, actions of the competitors, input costs, and trade margins. The selected product for this discussion is that of a luxury car. This paper gives...
The article by Burt Nanus (1992) discusses visionary leadership and how organization leaders can re-vision for a sustainable and competitive future. The author acknowledges that every business manager needs an idea on which they can focus all their attention to implementing it and emphasizes on prudence in the process. Indeed,...
The excerpt offered for analysis discusses the working conditions at Amazon warehouses and the corporation’s general attitude toward blue-collar labor. The situation at hand can be investigated from two perspectives – the Marxist alienation of labor and Ritzer’s McDonaldization. According to Marx, alienation of labor stems from the detachment of...
Contingency theory in management accounting: “The contingency theory of management accounting is not really a theory at all. It is neither a logical set of propositions nor is it well-founded. Indeed, after many of management accounting contingency research, all we have developed is a theory that says, “It all depends...
The report produced by the Defense Business Board (2012) describes the best practices of private business that could be applied for the management of the Department of Defense (DoD). The observation identified that the strategies are chosen by private sector companies and DoD are completely different. The practices of the...
The main difference between the weighted average costs of capital and the weighted marginal cost of capital is that WMCC is the new or the incremental cost of new capital to be issued by a company. This capital is to be issued or raised at a new cost according to...
Executive Summary 4Fingers is a successful business with operations in Singapore, Indonesia, and Malaysia. Since entering new markets requires a thorough analysis, the purpose of this paper is to present a comprehensive description of the attractiveness of the Vietnamese market, including market size, growth rate, pricing trends, and competition. Besides,...
Nowadays, the collection and application of data by big companies is a well-known fact everybody has to face. This common corporate practice, however, has its pros and cons. On one hand, the usage of data can help to significantly improve the user experience and make operations more efficient, on the...
Ambush marketing was introduced by Jerry C Welsh during his work for American Express. It is necessary to mention that the current definition of ambush marketing is slightly different from the original one. This paper will discuss the actual meaning of ambush marketing and its role in the sphere of...
As a matter of fact, micromanagement may be defined as a specific style of organizational leadership that presupposes continuous supervision and direct control over employees or subordinates by managers or management teams. It may be additionally characterized by the excessive attention of management to minor details. It goes without saying...
Each manager has a different leadership style and approach to communication that depends on his or her personal and professional qualities. At the same time, leaders need to understand these characteristics to apply strengths and work on weaknesses for improving their skills. Studying my leadership style and emotional intelligence has...
In 2016, an enormous spike in the price of EpiPen, a life-saving epinephrine auto-injector used in emergencies by people suffering from severe allergies, caused a massive scandal and numerous discussions. The manufacturer of the device, Mylan, confronted a public outrage and had to take measures to be rehabilitated in the...
The current breadth of Apple’s product line seems to be quite modest for the company of its size. However, it is important to keep in mind that Apple has to take extensive care of product quality, which explains the small range of product diversity. Nevertheless, there are ways for the...
Introduction In the sphere of leadership research, the styles of leadership occupy a key place. Style is defined as a set of attitudes and behaviors of a leader. Such a set influences the whole run of a company and, to a large extent, predetermines its success or failure. The number...
Industry Analysis As discussed in prior sections of the report, the competition for Moma Monaz can be distinguished into three categories: fast food chain locations, non-chain restaurants, and bars. The first category presence in the area is substantial, with McDonald’s, Wendy’s, KFC, and Subway all present. The other locations are...
The term “degree of integration of goals” refers to the extent to which individual employees’ goals coincide with the team’s purposes and the organization as a whole. In that case, it can be said that production is in a state of efficiency since different subjects pursue the same or related...
When it comes to business management, the aspect of competitive advantage always appears in the discussion. According to Kotler and Keller (2015), competitive advantage (CA) is a “company’s ability to perform in one or more ways that competitors cannot or will not match” (p. 304). In other words, it is...
Introduction One of the main parts of doing business is planning, including creating a marketing plan. It involves market analysis, review of competitors and organization’s features, and a set of measures to promote and sell goods. It cannot be underestimated, since the study results are taken as a basis for...
It is almost impossible to overstate the importance of communication in management. Nearly everything managers do to make it easier for their organizations to achieve their goals requires effective communication. If people cannot share information, it is clear that they will not work together, formulate plans and execute those (Missiroli...
Introduction Today, as society is changing in an attempt to make daily routines comfortable for everyone, the question of a healthy work environment draws a lot of public attention. Now, in the context of a global pandemic, it has become apparent that, in some cases, various facilities, especially medical, need...
Wild Dog Coffee is a small coffee house offering espresso visitors a limited choice for breakfast, lunch, and dinner. So far, the company has only one branch office, but it is in the interest of management to open a new point. Expanding a business always involves risks, as it requires...
Introduction The United States Securities and Exchange Commission (SEC) is an independent agency of the federal government. It pursues many objectives, including protecting investors, maintaining efficient markets, promoting capital formation, and others. The SEC has multiple means to achieve its goals, and a 10K annual report is among them. Thus,...
Research into Organizational Successes and Challenges Blizzard Entertainment, Inc. is a US-based video game developer and publisher with headquarters in Irvine, California, and a subsidiary of Activision Blizzard. The company was founded by Michael Morhaime, Allen Adham, and Frank Pearce in February 1991 after all three graduated with their Bachelor’s...
Abstract Two articles and one podcast were selected for this assignment. The first article by Spurgeon (2012) states that the lack of a unified professional identity has led to confusion within the profession. This is attributed to the fact that different counselors have used numerous definitions to come up with...
Introduction Segmentation is one of the principal marketing strategies commonly applied in practice. After identifying the target audience and breaking down the 5 P’s of the marketing mix within Charleston’s scope, it is crucial to segment the target market along demographic and psychographic dimensions. In other words, to successfully implement...
With three price options, 59$ for an online subscription, 125$ for a print subscription, or 125$ for online and print, The Economist convinces customers to purchase the third option. This strategy uses more than two alternatives, generally three, to create price relativity in the consumer’s mind. In the case of...
Abstract All successful business enterprises are committed to or stress quality service in product manufacturing and distribution. Insistence on quality, efficient firm management, and a compelling need to satisfy customers’ demands has led to new methods of addressing the same. Logistic management is one area calling for benchmarking. Benchmarking ensures...
Iron Cycle of Growth Looking at the business cycle one is overcome by a feeling of despair that inevitable like the human body and like kingdoms there is the “iron cycle” of growth and then decay – an infallible law of Nature from which there seems to be no escape....
Introduction The Fred Factor is the best-selling book and is written by Mark Sanborn, who is well known internationally as an author and speaker on team building and leadership. The book, in narrating the real story of Fred Shea, a postman, underlines the significance of being fervent about one’s life...
Introduction Doing business and maintaining a good and productive one is quite a wide venture that requires the input of many factors. The success of a business venture is not all about the supply of goods and the demands of the customers. It also requires that the business is ready...
Introduction Sigmund’s Gourmet Pasta is developing a popular consumer brand and expanding its customer base. The restaurant has created a signature line characterized by innovative pasta dishes, such as fresh mussels and clams in a marinara sauce and pesto with smoked salmon. It also serves distinctive salads, desserts, drinks. Sigmund’s...
Strategic Planning Process Strategic planning process focuses on purpose of existence of the firm and its objective according to company’s vision and evaluates both the internal and external environment of the organization and make strategies and amendments as necessary. It provides competitive edge and predicts profitable openings about future. Strategic...
Amazon is one of the most successful companies in the modern world, and its history is an exciting one. Initially, it was a single book store opened by Jeff Bezos. However, the business soon turned into a reputable corporation that provided its services to customers from all over the world....
HR dilemma The two business cases are concerned with an HR management problem, which is to hire or fire an employee with a specific issue. In the case study of the employee with AIDS, Greg should hire and promote Joe. He possesses AIDS disease; thus, the person responsible for hiring...
Trade is the basis of any kind of business. One of the examples of successful trading companies is Walmart, Inc., an American company that manages the world’s largest wholesale and retail chain. The main target regions are the USA and Mexico; also, the company is presented in Canada, South America,...
Introduction Corporate governance and business ethics are key aspects of the success of an organization. Corporate governance deals with policies, customs, processes, laws, and institutions that affect the way an organization is run. It affects the way that an organization is controlled, directed, and administered (Agalgatti and Krishna 2007, p.121)....
The Good-Better-Best (G-B-B) approach to pricing implies the focus on features offered by companies that they would value the most, which influences their willingness to pay for them. The more excellent the perceived value of an offering, the higher should be the price (Mohammaed, 2018). The strategy encourages firms to...
Introduction The process of production in the modern world involves numerous concerns. One of these concerns is organizing the logistics of raw materials and goods. These operations are considered parts of the supply chain. In our paper, we will examine supply chain management (SCM) and consider some aspects that should...
Universally accepted criteria for assessing risks and vulnerability of infrastructural systems in terms of global logistics and Supply Chain Management (SCM) have not been specified so far (Mattsson & Jenelius, 2015; Kermanshah & Derrible, 2016). Therefore, an approach developed by the American Society of Civil Engineers (ASCE) was implemented to...
Introduction Management and leadership are two closely related disciplines. These disciplines complete each other since there are instances when a manager has to show leadership qualities. Similarly, managerial skills are required of a leader. Despite the close correlation between the two disciplines, there are key disparities between the two disciplines...
Introduction For the last two decades, the number of people across the globe (both young and middle aged) preferring urban and casual wear keeps on rising every day. The reason behind it is the growing trend of modernization, urbanization and the need to appear decent and fitting in the current...
Information about the Company Name of the company: Nurture Inc. Slogan: Healthy and tasty. The name of the company refers to nature and nutrition; moreover, “nurture” is about care, development, growth, and potential. Mission Statement: About 60% of a human’s body is liquid, about 70% of the Earth is covered...
A code of conduct reflects a company’s core values, vision, and overall culture. The code of ethics creates expectations about the company’s work and general behavior. Gonzalez-Padron (2015) proposed that the code’s title might affect the reader’s attitude toward the content. For instance, including the word “values” in the title...
Leadership is essentially crucial in the growth of any organization whether it may be a big profit corporation or a non-profit organization. The development of leaders in the ranks of a company is important because leaders help achieve the goals of the company by exercising their powers and spears of...
Leadership is an influential process that enhances performance and allows an individual to execute fundamental processes within organizations. Leadership provides groups with incentives and guidelines that empower groups to attain set goals. Trait and skills approaches are crucial in the quest for improved leadership. Comparison Trait and skills approach proffer...
Facts of the case The case here deals with the Rocky mountain mutual funds, which consists of around 250 employees, situated in suburban area of Utah. The place is well known for the professional landscape and the offices, which was not much expensive and was affordable by the firm. A...
Introduction In the past, scientific information was concealed, but the Internet filled this gap. However, did this unlimited access to information complicate the research process? These changes in access to information highlighted the rising significance of leadership and the integration in information literacy. In the context of scholarly research in...
It may not be appropriate to underestimate the challenges associated with initiating and running small business entities. As a matter of fact, there are several small-scale businesses that often fail even when the economic climate is favorable (Dant, 2008). In a nutshell, there are a number of substantial hurdles and...
Intermodal transportation refers to different modes of transport providing the same transport services. Intermodal transportation also refers to the use of coordinated transportation of freight on a single trip. Inland water, air, railroads, pipeline, trucking companies, and ocean carriers work together to move homogeneous units to offer improved services and...
