11478 samples of this type
My personal definition of diversity is the unification of people from different cultures, ethnicities, religions, or any other distinctive backgrounds or criteria that results in cooperation and mutual benefit for all members of such a group. In my opinion, such a description should be utilized over the others because it...
Introduction: The E-Commerce Logistics Industry Since the 1990s, there has been a rapid development in information and communication that has greatly changed and revolutionized the global business world. In particular, the rapid technological development has influenced and modified how organizations apply logistics and their supply chain operations as a business...
Daniel Goleman wrote the article called what makes a leader intending to analyze the impact and use of emotional intelligence in being a good leader. In this article, he analyses the different aspects of emotional intelligence such as self-awareness, self-regulation, empathy, motivation and social skills and how they make one...
The Professional Development Program (PDP) was a proposal set to recruit college graduates and proximate to offer job placement after training. The establishment was approved to attract and prepare potential graduates for successful management careers in the distribution, retail, and corporate activities within SUPERVALU. The initiative consisted of five new...
Introduction Walmart is a supermarket chain in the United States and one of the world’s largest retailers. The company operates under several banners, including Walmart, Sam’s Club, and Asda. Walmart sells a variety of products, from groceries to home items. At Walmart, the philosophy is simple: to save people’s money...
Introduction Setting policies, processes, and priorities in order to increase a business’s or organization’s competitiveness is the practice of strategic management. Strategic management often focuses on efficiently allocating personnel and assets to accomplish these objectives. Strategic management in the realm of administration includes the development and execution of the main...
The constant increase in healthcare costs associated with the emergence of new medical technologies and medicines, as well as changes in the structure of morbidity and demographic problems, is a global trend nowadays. Holden et at. (2021) emphasize that “this evolution is accompanied by new challenges to deliver safe, high-quality,...
Executive Summary Netflix is a streaming service for movies and television shows that charges a flat monthly fee for unlimited access to its library. Netflix and recommender systems will be thoroughly discussed in order to demonstrate the importance of the subject matter under consideration. Following the introduction of the background...
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...
Introduction The Hispanic community in the United States comprises an increasing population. Their steady increase in the population influences their consumer purchase by a significant percentage. Companies looking to advertise their products in the United States cannot ignore this potential market. However, these companies must develop marketing strategies that understand...
Introduction Companies and other organizations put into strategic action initiatives that direct organizational change and contribute to accomplishing strategic goals. The ability of a workforce to be competent, knowledgeable, and equipped with the resources necessary to implement an effective strategy is essential for successful strategic execution. It is crucial to...
Five Forces Large businesses that directly compete with Apple in the technology industry face intense rivalry. Apple competes directly with businesses like Google Inc., HP Inc., Samsung, and Amazon. Like Apple, each of these businesses makes significant investments in R&D and marketing. Therefore, there is fierce rivalry within the sector...
The possibility of scaling a business is an influential aspect that entrepreneurs starting to develop their idea need to consider. A scalable company assumes the opportunity in which an increase in invested resources leads to a significant increase in output and accelerates the return on investment (Lund & Nielsen, 2018)....
Primarily, it should be noted that one of the actual, relevant, helpful, and interesting articles found by the author on the topic “performance measurement in decentralized organizations” is the paper by Alamsa and Rasyid. This work focuses on analyzing the decentralization systems within organizations in terms of productive, effective, and...
Summary This interview covered such areas as job application and interview requirements, worker-employer interaction, use of social media, cybersecurity, and training. The interviewee believes that candidates should be selected based on the experience and skills necessary for a specific position. The manager states that consistency, empathy, honesty, genuine support of...
Executive Summary Risk management stands out as an integrated and proactive strategy that organizations implement to handle potential risks. Such process should be long-term in nature if positive outcomes and project goals are to be realized. Telstra Corporation operates in the Australian telecommunications industry whereby it provides a wide range...
Background The selected leader for this project is Steve Jobs, the legendary founder and long-time CEO of Apple Inc. Steve Jobs came into prominence when he recognized the invention of his friend Steve Wozniak of creating a personal computer that could be connected to a monitor. Together they co-founded Apple...
Introduction Glencore is an Anglo-Swiss firm that deals with commodity trading and mining and has its headquarters in Baar, Switzerland. The company’s oil and gas production is based in the UK and serves globally. According to The Guardian newspaper publication dated Tuesday 21 June 2022, an affiliate of the commodity...
No industry has experienced a complete shutdown like the entertainment industry during the pandemic. Theaters, cinemas, musical events were banned entirely due to the imposed restrictions on social distance, along with all possible public events. Since the industry lost the opportunity to offer the consumer, many organizers tried to transfer...
Human resource management (HRM) has always been one of the most outstanding research areas in the business segment. However, when speaking of HRM, it is of crucial importance to understand that employee satisfaction serves as a major variable in all theoretical frameworks related to the issue. Hence, any idea of...
Introduction Inadequate leadership in 4th Armored Brigade Combat Team (ABCT) has compromised the safety of service members and created conditions that do not allow them to properly recuperate. Unable to receive help from the senior officer, lower-ranking officers have to deal with overstressed subordinates, dissatisfaction, and even unlawful behavior, whereas...
The global expansion of the fashion brand creates several challenges for companies. In the luxury clothes industry, brand names and designs are important. The value to the customer is increased when the item is created in one global design center that supplies other locations with its designs. However, not all...
Analysis Therefore, it is necessary to proceed to the consideration of the case study, which is the basis of this work. The analysis is based on The Quality Tooling Company, which supplies organizations with engineering devices. Despite the relative success in the market, there has been a decline in the...
Abstract Although robots are more effective, human service is still preferred in hotel service. They can work under dangerous conditions, provide standardized services and work more than human beings. The inability of robots to interact, show and understand emotions effectively makes consumers prefer human service. Humans’ ability to provide personalized...
Informal activities such as team-building games can serve as a valuable instrument for improving morale and productivity by enhancing the group’s cohesiveness. Various games can be successfully used to achieve this goal, depending on the group development stage. For example, a simple “Trading Cards” game would be beneficial during the...
Good leadership is a crucial skill that is always needed to make a difference. It has the capability of increasing an organization’s profitability well as positively impacting the lives of numerous individuals. Therefore, learning more about leadership makes a difference in individuals’ lives and helps them to impact other people’s...
The No. 1 toothpaste company on the Russian market, Colgate, has existed for more than two centuries. Now its net income for the quarter exceeds billions of dollars (Colgate-Palmolive, n.d.). The appearance of toothpaste on the market in history contributed to the first step toward the company’s global success. The...
Introduction What does it take to be a successful entrepreneur? The answer to this question is proper decision making and performance of the business contributed by the entrepreneur determine the prosperity of the business. Decision-making goes hand in hand with performance in the business. The performance of the business is...
Introduction The three companies selected that use information systems include Walmart, Netflix, and Apple. At first, Apple used the supplier information system (SIM). The SIM is a database system deployed by the organization to collect, store, assess, and control its supplier data in a unionized locality (Reardon et al. 2021,...
Introduction The Malcolm Baldrige Prize is an award created by the United States Legislature in 1987 to enhance top-notch administration consciousness and to honor firms in the United States that have successfully integrated continuous improvement. The Presidential Medal of Freedom is the country’s highest distinction for outstanding accomplishment. Baldrige assists...
The key roles and responsibilities of the staff members in a company are essential to understand so that to be able to cooperate with them successfully. As such, the chief information security officer’s responsibilities often include implementing worker security awareness training, establishing protected operational and business practices, and recognizing security...
History of Cisco Cisco Systems was founded by Leonard Black and Sandy Lerner in 1984 and is currently a major American technology company. Its main achievement is that the founders of the company are pioneers in creating a local area network (LAN) system. It is used to communicate between different...
Introduction Workforce retention refers to an organization’s capability to handle employee turnover, or the percentage of employees who leave their jobs, deliberately or accidentally, within a set period. Employee retention has a profound influence on an industry’s profitability and performance. For most firms, staff turnover, or the degradation of firm...
Executive Summary The discussion focuses on the moral dilemma of staying or leaving an environmentally unfriendly company. It was found that Kant’s categorical imperative and ACS Code of Ethics imply that the former option is ethical. The decision-making model of Beemsterboer and Velasquez identified seven steps to come up with...
Executive Summary The paper has focused on the supply chain and the challenges that may face some areas in the future. It is important to study such information as it prepares the industry to overcome the issues. For instance, financially, both the companies and governments of different countries will be...
Introduction A compensation strategy can be defined as the organization’s approach towards compensating its workers in terms of pay and benefits. A strong compensation strategy is vital for any organization within any economic sector. It is key in retaining and attracting people with appropriate skills, talents, and competencies to ensure...
Lyft must develop a revolutionary technique to strengthen its consumer and business market control to achieve radical output and achieve its aims and objectives. Individuals aged 18 years or older with a valid driver’s license who hold an Android or Apple iOS mobile device are Lyft’s target market (Jiang et...
Executive Summary In this digital audit marketing report, I have applied the 7Cs framework to Shake Shack, an American chain of fast-food restaurants. I focused on revealing strengths and weaknesses in the following aspects: corporate culture, convenience, competition, communications and content, consistency, communication, and customer journey. I have examined Shake...
The role of decision-makers during a crisis cannot be ignored because they give strategic direction. They work to ensure that the crisis is managed effectively when it occurs (Okoli & Watt, 2018). For example, a crisis manager assigns roles to various stakeholders after assessing the crisis. They also determine how...
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...
CVS Pharmacy is a company selling medications and providing the population of the USA with health services, having more than 1000 retail clinics and nearly 10000 drug stores in America. It has online branches and a crucial digital presence in the USA. The strategic plan of this firm includes opening...
Executive summary The UK is among the countries that have experienced climate change effects such as heatwaves. To effectively tackle this issue and lower the number of emissions, one sector to focus on is the electric vehicle industry. In the UK, the government supports the growth of the electric vehicle...
Global Marketing The Rolls Royce marketing strategy promotes the sale and promotion of a trademark, one brand worldwide in compliance with a unified marketing policy, strategy and marketing tactics. The company’s divisions and representative offices are located in 39 countries around the world. Consumer Behaviour Consumers of Rolls Royce automobiles...
Introduction Gaining the confidence of the local audience assists a company in improving its national and international reputation with an increase in customer loyalty and referrals. Culturally responsive transformations and localizations may create a brand’s dominance in an area for showing that it is considering the needs of its customers....
The case compiled by McShane and Neale (2021) introduces the issue of poor team management caused by internal conflicts in Arctic Mining Consultants, a firm involved in mining activities. Given the current challenges, Tom Parker, as a field technician and coordinator, should do everything possible to create an environment of...
Summary Airparking is a project that allows people to rent out their parking spots by using an application. Zhidong Feng Yueting founded Network Technology Company Ltd in 2015 with the intent of creating a platform that would assist users in placing parking spots that would then be used by other...
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...
Introduction Evolving globalization trends have significantly contributed to major changes in the fields of business and economics. The effect of recent technological advances is evident as well, with banks becoming more dependent on online systems. As a result of accidents and faults in the mentioned systems, unplanned events eventually cause...
Introduction Chocolate is one of the most popular and required products in the modern world. It is a critical component of various dishes and products used by millions of people globally. For this reason, the demand for it remains high, while the industry responsible for its production faces numerous challenges...
Motivation is the process through which goal-oriented activities are initiated, guided, and maintained. It has been researched for years, and business executives have utilized numerous surveys to establish their employees’ personality types to predict their behaviours and inclinations better. Furthermore, motivational books are often used to encourage staff to improve...
Interview with the company’s owner is one of the crucial parts that play a significant role in developing a successful website. Owners usually share their ideas and thoughts that should be included on the web page, and their opinion is always a priority. To create a useful website for the...
Technology plays an essential role in shaping the food markets by improving the affordability, productivity, and diversity of agricultural products. Inefficient markets lead to waste in high supply areas during harvests (Köhler and Pizzol, 2020). The regions with weak markets depend on less than three food varieties and often have...
Management theory presents concepts on effective organizational management. The topic covers various theoretical underpinnings of management which in turn form the basis of leadership and management approaches used to guide organizations into growth and sustainability. The topic begins by establishing the classical viewpoint of management on scientific methods used to...
Executive Summary Accor Group is a reputable worldwide leader in hospitality services. During the recent years, the company was working hard on revamping its social media strategy, starting from proactive use of customer-oriented website to active engagement in digital event management. However, as the company is currently more focused on...
All companies make small daily purchases such as office supplies, stamps, transportation, and other items. According to Lessambo (2018), petty cash is a “relatively small amount of cash that businesses keep on hand for the purpose of small transactions such as providing change to customers, postage expenses, highway tolls” (p....
Decision-making is a complex and multifaceted process that involves considering many factors, especially when it comes to important financial matters. In such cases, one applies a thorough analysis and calculates all the factors. Based on the analysis results, a decision is put forward considering the profitability of the option. In...
Background I selected GRI reporting framework because, besides providing services, tools, and training, the framework also provides materiality assessment services. For example, companies may disclose their climate change effects to investors and customers using the GRI Standards. It is therefore a good concept to learn since it is useful in...
When people think of globally successful business endeavors, the McDonald’s company is likely to be the first one to cross one’s mind. Indeed, the rapid dissemination of McDonald’s franchises all over the world may be reasonably perceived as a manifestation of globalization because people from the polarly opposite socio-cultural background...
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,...
Variety and assortment are crucial retail market structure elements and have some distinguishing features. The significant difference between assortment and variety is that assortment refers to the number of different items provided in a category of merchandise. In contrast, variety refers to the quantity of the types of merchandise that...
Modern companies must take into account the speed trends’ shifts and respond to changing circumstances. Guided by the simple rules strategy, organizations use the current opportunities of markets, act unpredictably, conduct experiments, and their main goal is growth (Eisenhardt & Sull, 2001). This strategy is driven by the economics of...
Cyber and Public Relations Public relations professionals play a critical role in promoting an organization’s activities to the public. The advancement of technology in the modern era has introduced various digital media that have shifted the dynamics of traditional forms of public relations, thus creating a new form of PR...
The audit process of a company usually includes a review of financial statements and control systems. This process is carried out to identify the noted deviations from the established accounting procedure and significant violations in the preparation of documentation and reporting by the Alaska communications system. It is worth adopting...
Introduction For modern entrepreneurship, economic growth means expansion and exploration of other markets, as well as other types of customers and their preferences. Thus, an organization continues to evolve and strengthen its grasp on its industry, accumulating the potential for gaining more weight in it (Zhang et al., 2018). The...
Introduction Following work ethics is crucial for effective collaboration with colleagues while using appropriate skills and abilities is necessary for this objective. In my case, they include attendance and teamwork, and these provisions determine my success in the workplace. Therefore, adhering to the regulations related to the time spent performing...
Financial analysis is a process of evaluating the financial strengths and weaknesses of the company by establishing an efficient relationship between the financial statements’ items. As Ravinder and Anitha (2013) discuss in their article, knowing the operational efficiency “will enable the management to locate weak spots of the business and...
Due to the COVID-19 pandemic and consequent regulations to reduce its spread, many countries have had to implement restrictive measures on people’s freedom of mobility. One of such measures includes regulations and recommendations that aim at reducing the number of people who physically attend their workplaces. In other words, governments...
Introduction The success of any business firm depends on the level of leadership involvement and the willingness to respond to the changing economic times. Companies that fail to focus on emerging forces, formulate proper models, and address identified challenges find it hard to achieve their business aims. Organizational theorists propose...
Most workers in different industries are members of labor unions, which they use as a tool for ensuring better payments and working conditions. While unionization has several benefits for both employees and employers, it is also associated with various disadvantages. Unionization ensures higher wages and greater equality for the employees....
In logistics, time, place, and space utility present the concepts that determine the choice of transportation modes. Time utility refers to the availability of the products when they are demanded by customers (Lecture 9, slide 8). Place utility is understood as moving products from the locations with lower value to...
Co-creation appears to be a modern marketing strategy, which implies designing a product or a service cooperating with customers. This approach is considered to be beneficial in a great number of ways. It contributes to avoiding the lack of ideas regarding product improvement and makes the relationships between a company...
Identification of the Main Problem Brandon Miller aims to establish a business that is the distribution of Fiji water for Monroe and Wayne market areas. However, before making a decision, he intended to conduct a quantitative and qualitative analysis to ensure that this opportunity is an affordable and profitable one....
Many people are used to being team members at some point in their life. Moreover, some of them remain working in a working unit professionally. Teamwork is a process that enables a group of people to gain a competitive advantage (Lencioni, 2020). However, I assume that emotional intelligence is the...
Communication and trust are complementary components of a relationship that need equal attention. Consequently, the two elements play a crucial role in achieving organizational goals and objectives. For instance, managers and leaders cannot inspire change among followers without proper communication skills or motivate them towards specific company targets in the...
Introduction Apple is a multinational technology firm specializing in the design, production, and sale of consumer electronics, including smartphones, personal computers, and accessories. The American company is headquartered in Cupertino, California, and has been in operation since its 1st April 1976 founding (Levy, n.d.). In 2018, the company broke the...
A rule-based expert system is a system that is characterized by a knowledge base with the domain knowledge fed or represented in terms of rules. A rule-based system is ideally a representation of the deep knowledge of human beings. It is very complex and is comprised of different explanation facilities,...
Memorandum To: Mr. Jones, the CEO From: Your Name CC: Other recipients Subject: Shipping terms to be considered for the contract loss minimization Dear Mr. Jones, I am writing to inform you that Okinawa, Ltd., our ink supplier from Japan, has offered for our company a highly expedient deal on...
Marketing refers to an organization’s activities to promote the selling or buying of its services or products. It includes delivering, selling, and advertising commodities to customers or other organizations (Sorger, 2011). As one creates their marketing plan, they should identify the action plans, strategies, objectives, and potential threats or hurdles...
Master Organizational Chart The chart includes the senior executive leadership tasked with providing healthcare governance and giving priorities to initiatives. The Guidance team performs the role of providing a steady-state domain while the clinical team refines the output of workgroups and general implementation. The workgroup is responsible for providing the...
Introduction In any firm, there should be a healthy employee-employer relationship to enhance productivity. It is the interaction among employers and each employee at the workplace that influences productivity and efficiency. Business owners are all parties involved in the overall operation and success of the business. Governance is a process...
Common organizational business structures and processes are multifactorial and complex, consisting of multiple processes. This paper will seek to explore the key processes including finance, procurement, fulfillment, inventory and warehouse management, and manufacturing that involved in business functionality. The overview will examine purpose, activities, and organizational elements as well as...
Case Summary On October 6, 2013, nearly 50 passengers on an Air China flight that was bound for Beijing fell ill with symptoms such as vomiting, stomachaches and diarrhea (Coello 1). The cause of the issue was apparently due to the cabin crew serving the passengers in-flight meals that were...
Effective communication is critical to not only personal career success but also for any employee and manager in an organization for a variety of reasons. Communication skills, particularly the ability to work effectively in a team setting, are the most important factors that enable individuals to excel in their job...
In aviation and aerospace logistics, there are two directions, such as making aircraft and spaceship and moving people and products, where the latter is part of the integrated supply chain management. In this case, a supply chain can be understood as a network of organizations that cooperate through various connections...
Introduction Britam Insurance Company is a global insurance firm selling various services to its clients worldwide. Being one of the leading companies in the industry, Britam has a large pool of potential and existing customers. The large client base calls for sophisticated software to handle the company’s sales and marketing...
This essay presents a profile of DME Sports Academy. The discussion draws on the results of field research that included interviews and observations and a review of secondary sources. It incorporates digital articles addressing the larger context of education and multiple creative sources to justify main points. DME Academy is...
Abstract The market analysis allows firms to comprehend the possible opportunities and limitations, which further define the correct strategies to adopt. The e-commerce market has grown over the past years following the amplified use of the internet and contemporary technologies. Amazon uses an online presence to sell its products and...
Introduction To avoid conflicts of interest, comply with the set laws and standards and bring credit to the profession, the contact managers are expected to hold a specific code of ethics in line with the profession. The skills and competencies needed vary depending on the details of creating and administering...
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...
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...
Ergonomics is the study of the work of human beings and adaptation of environment, practices, and equipments to the demands of the people using them. It is concerned with establishing a work environment that fits the needs of all the workers in their workstations. Ergonomics narrows down its objectives to...
Jack Welch’s book, titled “Winning”, provides a framework of qualities required for the success as a business leader in an enterprise. These qualities include the necessity of a strong mission and concrete values, the absolute necessity of candor, the power of differentiation, and giving value to each individual, respecting their...
Organizational behavior is a theme that combines elements of sciences such as psychology and sociology. With this concept’s help, both the demeanor of individuals and the entire management system as a whole is described. In general, five types of organizational behavior are distinguished; however, regarding the film “A Few Good...
Summary The economic term “Talent” refers to individuals that come together to create change in the operations of an organization. Talent management is a process of change, systematic growth and development, reconstitution, re-deployment of assets or talents necessary to create a change in an organization. Talent management transcends from talent...
The pharmaceutical industry is a specific activity in modern business, as it is sensitive to customer loyalty and local regulations. Retail trade is the relevant approach to sales in this area, as clients use services on a personal request or a doctor’s prescription. In turn, the supply chain is the...
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 Costco is a multinational enterprise which manages a global chain of affiliation warehouses, and offers the products at relatively lower prices than other retailers do. It is an American-based retail store headquartered in Washington, the USA. The corporation is the central organization of other members and it provides goods...
The selected business industry for this scenario is the smartphone industry. The business research topic is customer satisfaction and value perception. The purpose of the global marketing research is to find the impact of consumer perceived value (CPV) on a smartphone purchase intention. Maximizing CPV is a major challenge for...
Organizational behavior refers to the behavior of individuals, teams and management that forms organizational culture. It is important to note that organizational behavior highly determines efficiency and output of an organization. On the same note, due to division of labor that has become the order of the day; many people...
The IBM Hofstede study is useful in understanding national cultures, but its usefulness in understanding how this relates to workplace values is rather limited. Hofstede’s culture theory does not acknowledge diversities in national practices and hence their institutions. Territorial differences exist within any given nation, such that individuals in one...
Tropical juice manufacturing company is an institution involved in producing and processing freshly blended fruit such as mango, passion, apple, among others. The firm produces a non-alcoholic beverage made from original tropical fruit rich in nutrients and vitamins essential in boosting the body’s immunity (Anjum et al. 2). The brand...
The Most Significant Prevailing Market Forces Currently, the most important market forces that may have a considerable effect on the company’s development are technology and globalization. According to Kotler and Keller (2016), these are two of the three major market forces that occupy the most prominent position in the modern...
Introduction The evolution of e-commerce has undergone several stages, from being a novelty that lacks security and efficiency to an integral part of a modern person’s life. Some researchers focus on how consumer preferences changed the perception of shopping, leading to more retailers developing their online shops. This paper aims...
Heineken is a global business as it produces beverages for Europe, North and South America, Africa, Middle East, Eastern Europe, and the Asia Pacific. Heineken’s main strength is brand diversification, aimed to meet the customer’s tastes (Gaspar and Massa 9). Its main weaknesses include currency fluctuations and poor margins as...
Explain McGregor’s Theory X and Y The approaches to managing organizational behavior are numerous and very diverse, yet most of them can be grouped according to specific criteria and categorized accordingly. McGregor’s Theory X and Theory Y, which are expected to explain the rationale behind leadership choices and the effects...
Introduction The importance of green logistics as a new scientific direction in supply chain technologies has recently acquired significant interest among academic researchers. The core aspects covered by the aforementioned inquiry include the use of cost- and resource-saving technologies that are equally important to supply chain optimization and environmental security....
Introduction A small plumbing supply company in Olean, New York, is concerned about doing right to the employees in terms of the benefits offered. However, it does not know what this statement means. This paper explores the concept of benefit management at the organization. Finding out Employee Needs and Wants...
Branding is an important marketing tool for creating an impression and revealing the company’s philosophy, values, mission, and vision of the future. A corporate brand is significant for consumers; at the same time, it also allows creating an internal corporate culture. It is possible to note that during the last...
Companies are faced with various constraints of production and they are forced to plan accordingly. The limiting constraints may include limited demand, limited skilled labor and other factors of production, and limited finance that forces companies to work under situations of capital rationing. Planning with limiting factors forces companies to...
Translating a strategic plan into reality can be quite challenging. However, history knows many talented leaders who made it possible through meticulous planning and innovation. A prime example of such a leader is Ingvar Kamprad, the founder of the world’s largest furniture retailer IKEA. Kamprad had humble beginnings: he came...
Introduction Entrepreneurship remains a powerful practice that guides people to launch and grow their startups to become giant corporations. This development explains how individuals can experiment with a small or new idea and make it an evidence-based solution to the problems affecting humanity. Business owners should reflect and examine their...
Among the variety of principles inhere to the sphere of nursing management, time management plays one of the most important roles. To succeed in time management, it is necessary to consider the following aspects and make sure these aspects are properly identified: Definition of time management is crucial to understand...
Decision making is described as the process of choosing which action to take when there are a number of alternatives to consider. Wise decisions should always be made so as to achieve best results from the decisions made (Van & Schein, 1979). However, it should be noted that an individual...
All areas of a person’s activity are interconnected, influencing one another in a particular way. Each individual possesses a range of specific interests and hobbies that might not have an obvious relation to their primary sphere of studies. Nevertheless, extracurricular activities are capable of having a direct positive impact in...
Introduction In order to have a good information system (IS) its design should be carefully planned. In that regard, it can be stated that planning an information system starts with several important stages, among which is the identification of the IS mission and purpose, the identification of the users and...
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...
Background Dell, Inc. is one of the largest companies that specialize in the production of computers. The company was founded in 1984 by Michael Dell. The company was developing at high speed, and 17 years after the foundation, it became the global leader in the provision of computer systems. In...
The largest four companies and their brands in the coffee industry include “Procter & Gamble” (with Folgers as a brand name), “Philip Morris” (with its Maxwell House brand name), “Sara Lee” (with its Hills Brothers brand name) and “Nestle” (with a brand name of Taster’s Choice) (Starbucks Coffee Company, n.d.)....
Both consumers and manufacturers have opportunities to trace the stages of production of a particular product and determine relevant production features due to a unique identification mark on goods, which is called a serial number. Remembering this number allows obtaining the necessary data that may be needed when clarifying the...
Introduction All modern organizations depend on other links of their supply chains. Maintaining stable and sufficient supplies has become a matter of survival for modern companies, and the resources dependency theory (RDT) examines this particular issue. It focuses on such aspects as limited amounts of materials and the manner of...
Introduction The unceasing evolution of technology has continuously shaped the business sphere in complex ways. Notably, the Internet has become a handy tool in business, with many companies creating virtual stores on the web. This set of circumstances has led to the development of a struggle between online and brick-and-mortar...
Introduction Corporate governance has become an international phenomenon. The recent financial scandals and bankruptcies of big multinational companies have really impacted almost every nation. Realising the significant, the nations around the globe are either establishing corporate governance guidelines or codes or refurbishing their guidelines already in force. International governance principle...
Product delocalization, also known as outsourcing, is an essential business tool and concept that has been existent for the past 75 years. Most multinational companies (MNCs) prefer outsourcing on a small to large scale level due to a variety of reasons. However, the most common ones include the availability of...
Abstract The paper investigates the Coca-Cola Company’s strategic, marketing plans, and identifies growth opportunities. Coke is a worldwide manufacturer; therefore, it presents a great interest. The research presents a precise study of various aspects of the company. There are SWOT, benchmarking, marketing analyses that help to identify areas for improvement....
Introduction Once in a while, employees working in an organization engage in workplace politics. In most cases, these occurrences arise when some employees tarnish their colleague’s reputations, hoping to receive favors from their seniors. Workplace politics refers to the act or process which encompasses human interactions with power and authority...
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...
Introduction Organizations benefit immensely from training employees because well-trained workers have higher productivity and output. Studies have shown that companies that invest in employees’ professional development report lower rates of absenteeism and staff turnover, as well as increases in innovation and customer satisfaction. It is important to educate new employees...
Porter’s Five Forces framework is used for evaluation of the competition in the industry, considering various factors that influence it. When applied to a particular company, this analytical method provides an understanding of the firm’s potential, as well as challenges and possible strategies for achieving the best outcomes. In this...
Management style plays a crucial role in today’s business activities. There have been many theories regarding management and employee motivation strategies. However, such theories might end up not working as planned, when put into practice. Furthermore, a strategy that has proved to be useful once may not be the option...
LEGO A Case Study Problems and Issues Faced by the Firm and Leadership The Lego Company faced its first financial crisis in 1998 and addressed the largest internal economic decline by 2004. The Lego Group’s supply chain did not manage to follow the changing dynamics within the market and timely...
Introduction The high level of competition and the rapid development of the business environment significantly impact the way companies evolve. In order to justify the reasons for an investment into a company, one should ensure that the company at hand effectively responds to the social, political, and business environments, as...
Introduction The world is always changing, and so do the principles and approaches to management. New Science offers a range of methods that help managers to run organizations more effectively. According to Wheatley (2006), the world evolves when people interact with it. She states that it is more important to...
Introduction The prevailing literature asserts that the entrepreneurial character of a person or society is influenced by a myriad of demographic, environmental and personal factors (Hisrich, Peters and Shepherd, 2013, p. 24). The demographic factors impacting on the enterprising behaviour include gender, personal and family background, and the person’s early...
Fundraising Plan There are different possibilities of external fundraising for an athletic team. From these sources, one can note concerts, auctions, sales, and sports events (Mullick, 2018). After considering the key variables, hosting a field day seems to be an appropriate activity to perform and raise the funds needed. To...
Universalism and relativism describe the two mutually contradicting moral perspectives that arise in connection with cultural issues. The universalist position states that the same ethical and moral codes apply globally regardless of local cultural differences. This viewpoint is enshrined in documents like the Universal Declaration of Human Rights, which insists...
Introduction As stated by Northouse (2016), leaders are determined to perform with all of their followers rather than interacting with just a small group of them. This is the primary principle that determines what leadership is for me. While answering the questions in the questionnaire, I realized that some of...
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...
Introduction Analyzing the current state of Green Mountain Coffee Roasters (GMCR), it is possible to conclude that despite the ranks given by Forbes magazine, the company still has much to develop. Back in the 90s, GMCR reached great heights through collaboration with Keurig Inc. After merging with the Dr Pepper...
UnitedHealth Group Incorporated (UNH) is a managed healthcare company located in the United States of America. In 2019, it was ranked as the second biggest healthcare provider in the world with a revenue of 240.3 billion dollars. Certain factors most likely contributed to its high place in the industry, including...
Introduction The COVID-19 pandemic brings a global display of ethical controversies. The health threats posed by disease outbreaks and epidemics and the accompanying anxiety are associated with multiple economic risks. The severity of the consequences of such a scenario for the global economy will depend on how well the government’s...
Thanks to the development of the media and social networks, people think about what is happening in the media space and express their opinion about it. Discussion of a Facebook post, a tweet, or a video can be complex, or even aggressive because content creators have tackled a controversial topic....
Abstract A product personality frequently signifies that the product/brand has a gender or gender-being. To distinguish the apparent gender of manufactured goods or brands, salespersons choose to display images and copy-text for diverse marketing communication (Berry 2000, p.149). Problem statement The problem statement of this proposal is on consumers’ traits...
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...
Leadership is one of those few qualities that is an essential condition for any society’s normal functioning. Not everyone has a natural inclination for this feature, but some courses and approaches allow developing such property. Since no enterprise in any field of activity can exist without these skills, leadership qualities...
Business, irrespective of its sizes and forms, is always an aggressive environment, where, in most cases, only the best survives and prospers. In other words, to compete with various market players, a company has to continuously develop and integrate new relevant decisions, technologies, and strategies that are in line with...
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 Nowadays, companies and individuals are becoming more concerned about occupational safety and employees’ rights in the workplace. Unfortunately, there are still many cases when workers are subject to sexual harassment, discrimination, or any other form of violence. It is hard to deny that such hazards may negatively influence the...
Marketing is a procedure that is used for identifying and looking forward to satisfaction of customer needs. It is a process that works within the set target, anticipated output and goals to be met. Competitor’s strategies are also analyzed and exceeded. It deals with provision of changing requirements and needs...
Research Study It is a well known and established fact that employee engagement augments the performance of organizations. Top executives recognize that employee engagement can increase the productivity and performance of organizations, while minimizing the costs of recruitment (Markos & Sridevi, 2010). The world market has become very competitive in...
