11696 samples of this type
Introduction Management is an essential sphere of knowledge that is critical nowadays. It allows specialists to organize teams’ work, establish clear goals, and ensure their achievement. However, effective management requires an enhanced understanding of the current trends and environment and the ability to work with employees to prepare them for...
Summary In 2010, Walmart had a market value of $210 billion, more than the value of the following five largest retail companies combined (Miles,2019). Walmart remained the largest company in the world in terms of market value. The company’s revenues and profits grew in 2010, and its stock price increased...
Introduction Expansion is the most fundamental element which constitutes growth and relativity to success. Its growth and expansionism strategy have mainly relied on innovation and creativity in its operation. As part of its expansion, it has adopted brand-related Innovation (Xiaohan, 2020). The LEGO Group has been on a soundtrack in...
Evidence-based management (EBM) is the approach to decision-making in management based on a deep scientific analysis of the particular aspects of the organizational functioning. This approach and its strategies help to improve the quality of management within an organization (Judge & Robbins, 2019). EBM strives to support the managers’ intuition...
The article under analysis by Daves Michael (2022) deals with an issue of the breach of corporate ethics. Specifically, the report describes the egregious breach of ethical standards in relation to audits conducted at Ernst & Young. Michael (2022) makes it abundantly obvious that the described violation of ethical corporate...
International Human Resource Management (HRM) practices must differ from domestic HRM due to the nature of activities involved in each of the two sectors. In international HRM, activities are performed in a wider context and ensure it is relevant to a particular location. Extra training is required at the international...
Starbucks is an international American chin of roastery reserves and coffeehouses. It is headquartered in Seattle, Washington, and has 30 thousand physical stores in eighty countries (Starbucks, 2022). The current chief executive officer of the company is Howard Schultz, and it was founded in 1971 by Jerry Baldwin, Gordon Bowker,...
Abstract The purpose of this report was to analyze six aspects of Cookie Business. First, the report focuses on breakeven analysis and determines the number of cookies needed on average to cover the fixed costs. Second, the cost of inventory was calculated using full and variable costing. Third, a special...
Introduction Walmart is a global multi-format company that specializes in retail, wholesale, and e-commerce through the Internet platform and mobile commerce applications. The primary external influence on this company comes from political factors, including government influences at the city and national levels, which reflect the requirements due to the spread...
J.C. Penney Company is a U.S.-based firm, which sells goods and services to customers through its department stores. Family-friendly clothing and shoes, cosmetics, exquisite and fashionable jewelry, aesthetic items, and furniture are all sold herein. James Cash Penney established the business, which has its corporate headquarters in Plano, Texas, in...
Executive Summary This report describes a case study of change management that occurred in Vodafone Qatar in 2018. The change occurred as a result of the poor financial performance of the company since its establishment. After years of failure and the start of Qatar’s blockade, Vodafone sold off its shares...
Crisis management or communication refers to how an organization identifies a threat and responds to it effectively. Crisis management in an organization can viewed as a procedure whereby the old systems are no longer maintained so as to mitigate certain threats associated with them. This means that crisis management also...
The organizational and operational factors that affect investment decisions Middle Eastern airlines have been successfully used for marketing their respective countries. Their unparalleled luxury and business acumen have earned wide admiration from across the world. Their main purpose has been to connect the dots throughout the world, resulting in tremendous...
Introduction In the present day, rapid technological development has made it necessary for large business companies to change the ways their factories work. Technologies such as automation, 5G, and Blockchain have made it clear to corporate leaders that they need to adopt some of them if they want to optimize...
Introduction Managing stress at the working place is one of the underlying humanistic facets that contributes to both interpersonal and intrapersonal conflict. Constant stress at work significantly reduces labor productivity, physical and emotional health of employees (Robbins & Judge, 2016). That is why Robbins and Judge emphasize that it is...
I take a responsible approach to the distribution of my budget. Basically, I use a manual process for calculating planned and actual expenses. To optimize the process, I use the bank’s application, in which I see the distribution of the budget by month. Since I set aside enough money in...
This post raises many excellent points regarding the marketing issues’ challenges. First, I would like to address the advertising of luxury products. Kotler and Keller (2016) highlight the importance of targeted branding and a selective approach to the luxury products’ industry image. However, labeling Macy’s as a high-end, luxurious brand...
The financial strategies of different organizations across different business sectors The different financial strategies used by organizations from different business sectors. Oil & Gas Industry The financial strategies employed by organizations in the oil and gas industry are a result of thorough decision-making processes amidst constant price fluctuations. Their overall...
Introduction As the world experiences the adverse impacts of climate change, countries have accelerated their efforts in transitioning from fossil fuels to low-carbon energy. The changeover poses a significant threat to the companies operating in the oil and gas (O&G) industry, as the prospective demands for nonrenewable energy sources are...
Summary Hewlett-Packard is one of the largest players in the industry of computer hardware and software, IT solutions, and office equipment. However, the company mainly focuses on developing and producing personal computer systems (PCs). The industry is currently in decline due to increased attention to mobile devices, a high degree...
Introduction The workplace culture of Amazon has often been observed with great contrast when compared to other tech giants such as Google or Microsoft. The trend of prioritizing employee comfort and well-being has become more popularised among tech companies, though Amazon does little to follow. For years, Amazon white-collar employees...
Introduction Pauls is one of the leading milk brands in the Australian market. Presently, it remains an acceptable product because it delivers numerous benefits to the consumer. In terms of background, the brand name emerged in 1923 when a firm by the same name introduced it into the market. Other...
Introduction Mass customization is modifying and making products available on the market to fit a specific customer’s requirements. It refers to a marketing and manufacturing strategy that combines the adaptability and individualization of products created to order with the lower per-item costs typical of mass production. Mass customization can be...
Introduction The paper reviews the methods of information gain and entropy used by banking companies and critically analyzes some alternatives that are possible to use. Discussion The most common method in economics is called information acquisition, and it is based on a measure of purity called entropy (Provost and Fawcett,...
Nike’s social media inclusion campaign is a way for the company to contribute to the development of a more accepting society that embraces diversity. As the company is one of the biggest brands in the clothing industry, has a massive following and brand loyalty, and is known worldwide, the social...
Introduction Different types of audits are capable of addressing the varying needs of an organization. In particular, horizontal and vertical audits exist to perform their unique types of analysis, capable of supporting a company in its growth and sustainable development. Vertical and horizontal analysis complement each other, allowing managers to...
Alibaba Holding Group Limited, better known as Alibaba.com, is a Chinese multinational technology business founded by Jack Ma. Since its inception in 1999, the firm has specialized in e-commerce, retail, the internet, and technology (Zhao, 2022). The company’s headquarters are in Hangzhou, Zhejiang, and it offers business-to-consumer (B2C), consumer-to-consumer (C2C),...
It is hard to disagree that the importance and value of Occupational Health and Safety (OHS) cannot be overestimated. OHS allows for improved employee productivity, reduced workplace illnesses and injuries, retained workers, and numerous other advantages. Schools are no exception because educators and students need to be aware of the...
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 HRM is highly affected by the legal environment in which it operates. HRM follows the rules and regulations of its organization. The most significant laws and regulations affecting HRM are those related to equal employment opportunity (EEO). Various laws were passed; however, only in 1964, with the passage of...
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...
Introduction Emotional labor is a term that describes the labor when a person is required to perform unpaid, frequently unseen work in order to maintain the happiness of others. Workers are explicitly expected to control their emotions when interacting with clients, coworkers, and managers. In addition to the suppression of...
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...
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...
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...
Introduction McKinsey & Company, Inc is a famous consulting company serving a huge client base worldwide and is widely known for its incomparable success. The firm holds offices in more than 50 countries all around the globe and serves more than a thousand companies from various sectors, such as commercial...
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 Home Depot, Inc. is the largest improvement retailer chain in North America and was founded in 1978 in Atlanta. Compared to other traditional retail stores that carry other items in addition to their primary product offering, Home Depot stores specialize only in home improvement products (Hughes, 2022). It operates...
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...
Introduction Lakeforest Mall was opened in 1978 with four major anchor stores. It was inclined with ample parking ground and many major inline tenants. Retailers were competing to get a space in the Mall, which made it the pride of Montgomery country. However, four decades down, the Mall’s presence had...
Hubble has evolved from a simple startup to a promising brand in the contact lenses industry. In its initial years of inception, the company generated more than $20 million in annual sales (Avery & Israeli, 2018). Hubble’s growth has been attributed to its social media strategy, enabling the company to...
Introduction The Body Shop International is a multinational firm that specializes in cosmetics and body fashion. Anita Roddick established the company in the year 1976. Shampoos, bath products, soaps, and other beauty-related accessories are the company’s core focus. All of the company’s products are made completely of natural materials and...
Nowadays, when the labor market has been restored from the lockdowns of COVID-19, more and more people are looking for jobs. Belonging to different generations, people have different values and expectations of a workplace which employers should necessarily consider to recruit talented workers. The millennials and z-generation are among the...
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...
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 &...
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...
Clorox’s Present Situation The present situation of Clorox is financially sound and unpromising at the same time. Clorox recorded sales of around $4.1 billion and $394 million in net earnings in June 2000 (Narayandas and Wagonfeld 3). Ultimately, Kingsford represented a large product group within the portfolio of Clorox. Charcoal...
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 Bureaucracy is a phrase used to describe a large, multi-layered corporation. Decision-making is slowed down by the structures and procedures that have been implemented, which are made to keep matters consistent and under control (Suzuki and Hur, 2020). Assuming that people always act following their own best interests, the...
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...
Introduction Over the last decades, the issue of ethical business performance has been widely discussed among individuals highlighting the importance of including moral actions, respect, and trust in everyday life of corporations. Whilst some firms keep performing in an aggressive manner, being focused on goal achievement, other companies develop their...
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,...
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...
Introduction Woolworths Holdings Limited (WHL) has been in the retail services business for nearly a century: during that time, it has achieved strong profit results. The company uses corporate management strategies to meet its sustainability goals and grow as a business to reach them. WHL competently manages its supply chains,...
Executive Summary In the US, several states are experiencing long winter seasons, making the mobility of people to access remote regions impossible. Similarly, the country promotes recreational sporting activities, which influence people to purchase most of the products used in such events. Therefore, it presents an opportunity to export the...
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 Small and mid-size firms (SMEs) have sales, assets, or a particular percentage of workers below a predetermined range. Each country defines a small and medium-sized (SME) firm differently. Specific size criteria must be satisfied, and the business sector is also frequently considered. The European Union (EU) defines a small...
Introduction and Methodology While companies are driven by profits and competition, they should not disregard the well-being of their workers. Employees should stay motivated to perform to the best of their abilities, and their motivation depends on a work-life balance, division of labor, work stability, and teamwork. This report aims...
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...
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...
Introduction It is hard to disagree that numerous organizations in different fields may sometimes have specific issues that prevent them from being successful in providing their clients with quality services. In such cases, the rational decision-making process is extremely important and useful as it helps the leaders to plan and...
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...
Companies have various methods of organizing their objectives, goals, and aims. Thus, SMART goals and balanced scorecards allow managers to illustrate where the company is heading and how to get there. However, both frameworks correlate with specific pros and cons that can both advance and compromise organizational outcomes. SMART goals...
There are multiple theoretical frameworks available for businesses to optimize their expansion strategies. The Porter Model is shaped like a diamond and comprises four interrelated and interactive factors that determine the likelihood of success for a company based in a particular country when competing in international markets (Kennedy, 2020). These...
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...
Samsung is a very well-known smartphone brand with a long-standing corporate history and culture. In general, marketing plan objectives for any firm incorporate short-term aims that contribute to the achievement of long-term goals (Wood, 2017). The focus for such practices is external relationships and internal activities. However, as Samsung plans...
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...
Market Penetration Market penetration is a technique in which a corporation uses current products to increase its market share in an established market. It is the process of a corporation selling more of its existing items to existing markets. Teva’s key strategy is market penetration because it spends a lot...
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...
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...
Teams have been regarded as a major element in enabling institutions to improve business performance. They push individuals to innovate faster, exemplify higher productivity, see mistakes more quickly, and develop better solutions. However, some teams do not succeed in attaining the organizational objectives. Teams that succeed, as evidenced by the...
Establishing an appropriate pattern of interaction in the professional environment is an essential task for management executives. Consistent and efficient communication between employees, customers, and senior workers is a significant benefit, which ensures the creation of strong relationships between individuals. In the case presented, an employee and a customer are...
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...
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...
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...
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,...
Mapping Sociotechnical System Note: Red boxes include people inside and outside of the organizational system, green boxes – related organizations, and blue boxes – technology. The systems map presented in Figure 1 shows the crucial elements within the company and the external elements that may affect its business processes. It...
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...
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...
Introduction The principles of cross-cultural communication are vital for companies in terms of collaborating with international partners. International interaction is typically based on the grounds of mutual interest and respect. Yet, sometimes, it is difficult for one culture to interact with another one due to differences in their language, beliefs,...
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...
The Walt Disney Company, one of the biggest entertainment companies in the world, utilized various business models. In the present time, the company uses the generic strategy to obtain a competitive advantage by the unique structure of the entertainment, mass media, and amusement park industries (Williams, 2019). Generally, generic strategy...
Evaluating the financial situation of the organization and its capabilities is an important task to establish an understanding of its development. Several economic and financial success indicators can provide a comprehensive overview of the company’s past and current activities, examining the overall progress achieved over the years. This paper focuses...
Introduction Quality is one of the priorities modern businesses concentrate on, trying to improve customer satisfaction and reduce costs at the same time. Total quality management (TQM) has been a framework for achieving this goal for decades, but new paradigms emerge and become widely utilized. The Six Sigma approach is...
Organizations are continuously adopting alternative dispute resolution by involving third parties after failed direct negotiations in conflicts. It usually entails either arbitration, conciliation, and mediation processes. In particular, conciliation calls for a third party who improves communication and relationships and monitors the discussion. I like consiliation because the opinions of...
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...
Executive Summary Vinted is a Lithuanian second-hand clothing retail platform with a presence across Europe as well as in the United States and Canada. It has expanded dramatically throughout 2020, due in large part to the suitability of its business model to the COVID-19 situation. The company is currently working...
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...
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...
Over the last couple of years, the customer value proposition has been a commonly used term in business markets, although no evidence exists on what constitutes persuasion. A supplier needs to demonstrate and document a superior value offering for a customer manager to consider. The customer value proposition can be...
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....
Organizational communication is devoted to managing the communication within the organization. Any structure in which communication should be regulated has the chief elements accumulating power. According to the theory, power is an inevitable element of organizational communication (Nicotera, 2020). Controlling the organizational culture, power adjusts the contact in the required...
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 The organization of immense concern is Starbucks. This organization is an American multinational chain of roaster reserves and coffee houses. Its headquarters are located in Seattle, Washington. The time of observation was in 2019 when I was working there on a part-time basis. I worked with Starbucks between May...
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...
The BCG Matrix is a tool applied for long-term strategic planning efforts, and in this discussion board, it will be applied to analyze Apple (Hanlon, 2021). The “dogs” are the iPods, which were expected to change the customer’s perception of headphones but failed to gain significant market share. The “cash...
Introduction Higher levels of education are meant to prepare students by providing the knowledge, competency, and skills necessary to succeed in their industry. Business administration is one of the most complex fields, both academically and practically, commonly requiring completing a challenging master’s in business administration (MBA) curriculum. While such academic...
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...
Introduction The examination of a company’s position on the market incorporates the assessment of the key elements of its activity. They include the products or services, locations of operations, strategies intended for increasing the market share, and pricing, and the combination of these components can demonstrate a clear picture of...
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...
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...
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...
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...
