Challenges Faced by MNC’s in Cross-Cultural Management

Current participation in the global market has brought with it challenges in terms of cross-cultural management. With an increase in the number of multinational corporations, people from a different cultural backgrounds are forced to work together under one roof despite the differences in beliefs and norms. The fundamental intellectual and...

Harvey Industries: Key and Underlying Issues

Introduction A competent approach to workload planning and allocation of resources can have a significant role in the functioning of a particular company and its competitiveness in the market. The problems of Harvey Industries are caused mostly by the unreasonable allocation of resources and insufficiently rational measures used to determine...

An Interest in Supply Chain Profession

Introduction I developed an interest in the supply chain profession when I was still in high school. My motivation was the many job advertisements seeking graduates in supply chain management. The global economy is still recovering from the recession, and unemployment rates are high in most industries. Many college graduates...

Anheuser-Busch InBev: International Marketing for Success

Introduction According to Anderson (2010, p. 28), “internationalization is one of the most important and pervasive forces that reshape the competitiveness of business environments”. It has largely shifted the basis of competitiveness in companies and makes it necessary to understand global regions as one vast market (Forsgren, 1999). Internalization has...

Journal Article Review: Initiating and Leading Change: A Consideration of Four New Models

Abstract Change is inevitable in the contemporary world of business. Novel innovations coupled with the desire to attain competitive advantage underline the massive changes in business strategies. Hence, in today’s competitive business environment, effective management comprises managers who are flexible and quick learners of new changes in management strategies. Change...

Franchising: Advantages and Disadvantages

It may not be appropriate to underestimate the challenges associated with initiating and running small business entities. As a matter of fact, there are several small-scale businesses that often fail even when the economic climate is favorable (Dant, 2008). In a nutshell, there are a number of substantial hurdles and...

Leadership in Different Spheres of Life

Leadership is that aspect of the personality of individuals which enables them to lead and manage teams and groups of people. Leadership traits are visible even in childhood when children play and interact with their friends and display the ability to lead and enable their teams to perform and win....

Green Product: Supply Chain Management

Introduction Supply chains can be considered as the blood vascular system of business. The focus on the supply chain can be seen in that a large portion of costs is associated with the effectiveness of the supply chain, not to mention another factor of competitiveness such as time reduction. In...

Effective Communication in Business Administration

Introduction Communication in business has curved its own niche as an important tool used to drive the activities of a business. It is used to sell a product, publicize a business entity and pass information to both the internal and external elements of the business, among other uses. This report...

Human Resource Management: Turnover and Retention

Introduction In the sphere of human resource management (HRM), much attention is paid to distinguishing such notions as ‘turnover’, ‘turnover intention’, and ‘retention’. Even though these concepts are usually linked to each other, for this study, it is important to focus on the employees’ turnover intentions as a result of...

“Against The Gods” by Peter L. Bernstein: “Risk” Concept Analysis

Introduction Risk is daring to do something that you are not sure if you will survive, make it a success, or lose it, but it’s done with the hope of being successful. It is a choice one makes but not fate. Key concepts/thoughts/points of the author Risk as a definitive...

Motivational Pros and Cons of Teams in Organization

Introduction Both group and individual motivation are concepts used by organizations to explain social dynamisms in an organization. In either case, motivation is the driving force that directs and maintains behavior on a particular path that its purposefully intended to draw specific results desired by the individual or the organization....

Shinetsu Chemical Company: Organizational Culture

Introduction Organizational culture defines an institution, whether based on profit, the kind of products and /or services offered, their arrangement, goals, and employee behavior which sum up to create a feeling of culture in the organization. Most organizations in the world have different cultures, and this mostly depends on their...

Marks & Spencer Ethics and Corporate Social Responsibility

Introduction Corporate social responsibility has become a common business imperative in today’s globalized world. Newspapers, print and audio media are increasingly engaging in debates on benefits that businesses are likely to derive by conducting their businesses responsibly (Darwall, 2002). Management experts are not left in the debate; they are organizing...

Persuasion in Business Communication

Communication is a process by which information is passed from a source to a receiver. This means that for communication to take place there has to be an expression of thoughts, opinions or transfer of information. This can take place through written or spoken word or through symbols and actions....

Competitive Advantage: Sources of Competitive Advantage

Introduction According to Porter (1998, p.2), Competitive advantage is the ability of the firm to maintain its strong position against its competitors and continue making profits. Competitive advantage is gained by a firm that can beat its rivals in profitability. According to Porter (1998, p.2), cost advantage and product differentiation...

Discrimination and Affirmative Action in Wal-Mart

Introduction There is a certain amount of irony in the fact that while the US society, in general, has been clamoring for gender equality, gender discrimination in the form of unequal promotions and pay still haunt the American workplace. The level of discrimination has indeed come down to a large...

Systems Analysis & Design for a Mobile App to Enrich Search Results

Technology Solution Today, businesses are not only using mobile apps to deliver goods and services to their customers but also to increase their returns on investments. Many businesses are rapidly coming to the realization that their can effectively interact with their customers through the use of mobile apps. This is...

The Relationship Between C-Commerce and Corporate Portal

C-commerce or collaborative commerce is a new development in e-commerce which means the application and use of electronic technology in almost all aspects of the business. C-commerce can be defined as “The methods, in which enterprises interact electronically to plan, design, build, buy, sell, distribute, and support goods and services.”...

Preliminary Investigation on a Workplace Problem

Introduction Employers are constantly faced with the challenge of investigating employees. An increasing number of employers are appreciating the central role of employee investigation in discovering workplace problems and thus initiating measures and control in preventing their occurrences. Each type of workplace problem demands a specific approach of investigation. “The...

Marketing Communication Strategies: Domestic and International Markets

Introduction Marketing communication is a system used by managers to ensure timely and comprehensive input to the information and the decision-making process. In addition to these, it looks at the resulting production and expression of credible, persuasive representations of beneficial exchange opportunities with actual and prospective customers and other stakeholders...

Mercury Shoes Company’s New Opportunity in China

Mercury International Ltd is an important company in the world, which is the frontrunner in the shoe manufacturing market. This has become the topmost player in the market by their specific brand names. This worldwide giant in the industry achieved a major share in the global footwear market. It is...

Use of Derivatives in Risk Management

Derivatives and Risk Management in Corporate Finance In the corporate finance, there are two thematic structures to be presented in order to foster the understanding and application of management principles in the physical context. There is the use of the term derivative and the other one being risk management which...

Financial Management and Investment Banking

In the traditional process for issuing new securities, investment bankers perform one or more of three functions. Discuss those functions Financial markets are divided into two major types depending on the timeframe of issuing the deals. They can be primary and secondary as the former deal with the deals and...

Total Quality Management: Learning Curve Theory

Introduction By the learning curve theory, it should b emphasized that the waiting time for the customers of pizzeria fully depends on the experience of the personnel to perform the direct obligations and cope with the available equipment. The paper aims to analyze the process of running a pizzeria from...

Leader Development and Self-Management

The era that we are currently leaving in is one of unprecedented opportunities and in order to realize your goals in the professional career that you have chosen, then having ambitions in life and smarts will enable you to reach the highest goal that you have set for yourself in...

Four Stages of Marketing Internationalization

Introduction In the search for a greater and vast market, many companies globally decide to take their products to the international market. The need to reach out to the international market more often than not is faced with hitches and challenges one of which is the mode of entry into...

JM Smuckers Company: Strategic Implementation

Executive Summary JM Smuckers is a public limited company which was established in 1897 within the United States Sauces and Condiments industry. The organization is keen on implementing a strategy that will help it increase revenue and expand its market. This strategy will include the introduction of such diverse consumer...

The Social and Economic Importance of E-Commerce

Introduction Electronic commerce, the use of the internet for purposes of buying and selling services and goods (Bidgoli 18), has been gaining importance, in recent years. Many organizations have now embraced e-commerce to enhance the rate at which their products and services access the market. This is in addition to...

Human Resource Management and Personnel Management: Similarities

People often consider human resource management and personnel management to be the same thing labelled in different words. However both are significantly different in terms of their approach, their scope and their philosophy in management. Personal management is an approach of managing the employees of the organization through administration. The...

Job Structure and Pay Structure

Introduction Introducing an effective pay structure, appropriate to the job structure can be an effective organizational strategy for any business entity. Such a pay structure can work as the tool for retaining employees who have potential and competence. The job structure is the definition of the roles and the responsibilities...

McKinsey & Company: State Farm Insurance Assessment

Introduction State farm insurance refers to an association of companies that render financial and insurance services. It is a dominant industry player and holds a large chunk of the market compared to its competitors. It ensures cars and homes in America and Canada. State farm initially dealt with insurance of...

Are Brand Extensions Good or Bad?

The brand extension (also called brand stretching) refers to a marketing strategy used by firms with strong existing brands to extend to other products, leveraging on the strong brand name to capture the market. When customers feel satisfied with the quality of a certain brand and have sufficient loyalty towards...

Karl-Erik Sveiby: KM Today and Tomorrow

Karl-Erik Sveiby is world-renowned as he is one of the founding fathers of Knowledge Management. With over 20 years of experience, he is credited with the development of most of the concepts associated with knowledge management today. According to Liebowitz, Knowledge Management (KM) is the systematic and explicit application of...

Effective Leadership: Leadership Qualities

Outline This integration paper is a brief analysis of the topics discussed in the entire week activities. In the entire week, three related topics on leadership are discussed. It includes leadership traits, leadership and management and leadership requirements. The importance or value of these topics in my personal and professional...

Delegation in Leadership Process

Outline This is an essay which discusses some questions related with delegation, which is a core element of leadership. The discussion questions are – Is delegation significant in leadership? Will leadership work without delegation? And what are the respective roles of leaders and followers in the delegation process? Introduction Is...

Marketing a Whitewater Center

Today, everyone is busy with their day-to-day life. People always lookout for a change from their mechanical life. The importance of leisure and recreation comes here. People treat recreation as a part of their busy life. Depending on the income level, people decide the types of recreation they should go...

Social Values in Branding

Branding In the business world companies or business, ventures create an edge over their competitors in the market, by making their products unique from similar products in the market. A brand is, therefore, a unique symbol, mark, or word that discerns a certain product and or company from similar ones...

Motivation at Norsk Petroleum

Introduction Norsk Petroleum, a leading gas, and petroleum company pay special attention to motivation and organizational culture, job satisfaction high productivity. The case suggests that some employees feel a lack of motivation and about work trying to find another occupation to develop their skills and improve their life. These problems...

Reflections on Managing Multicultural Teams

As a Tem Leader, what could you do to help a multi-national team work more effectively than a domestic team? What major problems might occur and how might you best handle them? Cross cultural conversations have become the basic pillars of the global business success or failures. At workplace, it’s...

Luxury Products and Normal Goods

Introduction Marketing communication, with respect to the marketing mix, is one of the pillars of product and service promotion. In its simplest terms, it refers to making decisions on the most appropriate ways to communicate with consumers in a bid to foster product awareness, knowledge with respect to distinct features,...

Internationalization of a Bicycle Company: India & the US

Factors Affecting Internationalization of Bicycle Company The need for internationalization of companies began when firms saw the necessity to increase their export efforts due to the declining domestic consumptions (Andersen, 1993, p.209; Athukorala, 1995, p.2). However, their continued experience on the international markets exposed several challenges that impacted on their...

The Concept and Power of Company Alliances

The importance of alliances in focus To begin with, the system of global management is versatile in its methods and practice of saving the previous as well as reaching new positions for high-end companies and those which are developing fast or slow. The reason is that the most of global...

Case of McDonald’s on Campus

Introduction The world of business is a versatile dimension in present days where every convenient means for making it effective is one more chance to exceed domains of a company’s influence. In this respect the ability of a company to provide new projects in making business successful and closer to...

Socioeconomic, Political, and Other Factors of Doing Business in India

Introduction Conducting business in a foreign country comes with numerous challenges. The main reason is the fact that countries possess divergent orientations on various aspects that directly or indirectly affect the way businesses are conducted. Not taking close consideration to some of the unique attributes in every country can potentially...

Managing Information of Sakhr Software Co

Acknowledgments To organize the paper, tremendous support and guideline have provided by my teacher. He has engaged his highest effort to get at the successful conclusion of this research. My friends and family also provided enough cooperation. The staff of Sakhr Software has cooperated with relevant data and phone interviews....

Selection and Recruitment Process in the Organization

Introduction Recruitment is basically a business activity that comprises all the processes that are involved in the identification, attraction, and selection of individuals either from within or without the organization to fill pre-identified job positions. Basically, the recruitment process involves a number of activities which includes identification and attracting of...

Improving the Housekeeping Department at DWTC

Executive Summary Dubai’s meteoric rise in the Gulf region is well known all over the world. The construction of state-of-the art hotels and skyscrapers fill headlines and business magazines from every corner of the globe. A company called Dubai World Trade Centre was able to capitalize on the early success...

What Is Meant by ‘Glass’ and ‘Concrete’ Ceilings? How Are These Barriers Constructed and Manifest in Organizations?”

Introduction This paper is about managing diversity in an organization, this paper will critically examine the challenges that are faced by the HR managers in regard to managing diversity in an organization for example, barriers like ‘glass’ and ‘concrete’ ceilings are constructed and they manifest within the organization. Diversity can...

Issues Affecting Small Business

Abstract The small businesses are normally faced with a lot of issues; taxation, labor, government regulators and unions, management and issues of environmental concern. Operation costs are increasing due to taxation while labor laws are always enforced by the government and unions into which they belong; these unions and government...

Psychological Contract Between the Employer and the Employee

Introduction The psychological contract between the employer and the employee can be understood as an unwritten agreement, the formal definition of which can vary, but mostly revolve around expectations and beliefs regarding terms of an exchange agreement between the employee and the organization (Maguire, 2004). Accordingly, the agreement is not...

Toyota and Southwest Airlines Success Stories

Introduction Some companies prevail over their competitors. Businesses are aware it is not a matter of luck, but success in business organizations is a product of many factors, the most important of which is careful and honest planning and implementation of company strategies. Strategic management is the work of the...

Human Resource Management and It’s Functions

Introduction Human resource management (HRM) is the logical and strategic approach to the management of the most important assets (the employees working there and contribute to the fulfillment of the business’s goals individually or collectively) of an agency or organization. The term personnel management has been substituted by the terms...

Best Market Opportunity for Tata Nano

Introduction In today’s world, car is the most important element in human life. It is not only important but also being a part of the world’s essential instruments. From these cars, Tata Group is a popular car manufacturing company in India and also imported to other countries besides India. In...

Motorola Company: Global Logistic Management

Motorola has endeared itself to the cause of making and marketing electronic and electrical communication equipment and mobile technology for the last eight decades. With a plethora of awards and accolades from all quarters, this global company clocked US$ 30.1 Billion during fiscal 2008. It is one of the big...

Organizational Design Key Concepts

Key Concepts of Organizational Design Organizational design has a profound effect on the way work flows in an organization, it can hamper or improve decision making, communication and hence motivation. The paper shall look at various elements of organizational design and how these reflect upon a company. Importance of Organizational...

The Roles of Organization Design in Proper Business Management

Organization design is a process of creating roles and designing reporting relationships in an organization. It is a guided process that integrates people and technology within the organization management and is aimed at improving the collective responsibility in the handling of duties thus ensuring success in achieving set objectives (Roberts,...

Employee Motivation and Pay Plans

Introduction Employee motivation has been given considerable importance in contemporary organizations in order to keep high productivity. Employee’s remuneration package affects the employee motivation and subsequently job satisfaction. Job designing determines the mechanism of the flow of tasks in consideration of employee skills and ability. Specialized jobs require extensive research...

Zicklin School of Business’s Porter’s Five Forces Analysis

Abstract This paper will discuss the analysis of porters five forces in the Zicklin school of Business which is regarded as one of the three biggest accredited schools situated in the USA, the school is reported to be delivering a high valued quality of education to its students. Porters five...

Health, Fitness Organizations: Profit Center Programs

The paper explains briefly the evolution of health and fitness centers as profit centers. Based on some common definitions of profit centers, it also attempts to explain why such strategic business units need to be introduced in the health and fitness industry. It states the common perception that the industry...

Communication Effects on Leadership

Communication is the key to effective leadership. It is only through good communication skills that a leader is able to manage people without making them feel subdued. A good leader should be insistent but not obstinate, eloquent but not unsubstantiated, and persuasive but not coercive. Communication does not only have...

The Gap Company: Purpose and Mission

Company Profile The Gap, Inc. started after its incorporation in 1969 and it has become a global retailer of clothing, accessories and personal care products under the apparel store industry. Its products are uniquely designed and made for men, women, children, and babies and are being marketed under the familiar...

Business Communication in Egypt

In the modern world globalization is exerting immense influence on the development of business situation. The market is expanding at an unprecedented rate, thus requiring proficiency at making business contacts and establishing international bonds. Consequently, a profound knowledge of mentality and cultural peculiarities is of vital importance for a successful...

Business Strategy: Applying Critical Analysis

Introduction This paper develops at least one strategic objective from each of the following Balance Scorecard areas: Financial, Customer, Process, and Learning and Growth based on an evaluation of a number of potential alternatives to the issues identified with SWOTT Analysis paper. A great part of the paper will explain...

Theoretical Models of the HR Role

Introduction In the scant ten decades since employee relations evolved from productivity-increasing ‘time and motion’ studies to ‘strategic HR’, the role of human relations practitioners has changed many times. Welfare management came and went. This was followed by administration, negotiation with newly-assertive unions, legal compliance and organisational development, all roles...

Outsourcing in the UK: Influence and Impact

Introduction In this era of globalisation, outsourcing is a common business practice resorted to by different countries. The quantum of outsourcing has greatly increased in the recent years. UK and USA are the two countries which outsource vast amount of business. Information technology is the most commonly outsourced industry. It...

Supply Chain Collaboration in Kernels Popcorn

Modern business houses have been involved in an enormous pact of debates regarding the collaboration of supply chain management. On the other hand, the dialogue about primary considerations for supply chain collaboration usually doesn’t get to the specific way out of how the collaboration in the supply chain works, how...

Methods of Recruitment and Selection Analysis

Introduction The selection interview is heavily criticized and currently seen as a contributing factor to poor job performance. The controversial aspect is that, a big number of people with high job performances have been employed using this criterion being questioned. Altogether, the blame cannot be placed on the critics or...

Motivational Factors in the Workplace

Introduction There are a lot of misconceptions in the workplace as to how to motivate employees to perform at optimum levels. Most managers especially those newly appointed unknowingly try to implement models and styles that worked for them but are not necessarily the norm for everyone. Occasionally, employers or managers...

Personal Introspective Journal on Leadership

In this era of globalization and tight competition the role of a good leader is inevitable for the development of any nation. This is a journal project which integrates the ideas of the journal projects of all the weeks. That is the journal project from week 1 to week 7....

Business Ethics in Real Estate

Introduction Business ethics still remains one of the most important areas in business practice influenced by internal and external factor, cultural and social changes. Real estate industry represents a diverse market in terms of human resources and services provided. One strong and persistent pull of foreign workers to the United...

Procter and Gamble (P&G): Strategic Management

Introduction Procter and Gamble (P&G) is a global company, which operates in 160 countries around the world. Most products of P&G became universally recognized brands such as itsHead & Shoulders, Pantene, Tide, Ariel, etc. Today, P&G is dynamically evolving corporation operating within a rapidly evolving global environment. Marketing around the...

Organizational Management and Leadership at Hitachi Ltd Canada

Introduction Good administration is the hallmark of good management and the proper and efficient use of resources. Managers become leaders when their personality and character, their knowledge and functional skills of leadership are recognized and accepted by the others involved. Hitachi Ltd. is a leading electronic company specialized in information...

Royal Caribbean Cruises Company’s Strategic Policy

Introduction This is the analytical evaluation of the strategies of Royal Caribbean Cruises Ltd. The main purpose of this study is to highlight the company’s arrears of strengths and weakness as well opportunities and serious threats for the company. This paper has mainly focused the related years of the case...

The IASB and the FASB and Their Role in the Accounting

FASB (Financial Accounting Standards Board) is the U.S.-based organization that issues Financial Accounting Statements (FAS) and other accounting pronouncements that constitute U.S. GAAP (Generally Accepted Accounting Principles). IASB (International Accounting Standards Board) was formed in 2001 as the successor to the IASC (International Accounting Standards Committee). IASB issues its series...

Starbucks Corporation’s Management Skills

Executive Summary This section indicates that the primary goal of any business is to increase its market share in its industry to increase sales which in turn lead to an increase in profit levels. Research indicates that for a firm to attain such objectives it should be efficient and effective...

Non-Executive Director: Definition and Responsibilities

Introduction A company whether it is a big or a small company, it will derive advantage from the exposure and experience that a good non-executive Director can transform. Non-executive Directors can offer a priceless involvement in the corporate decision-making practice, in influencing corporate strategy and in the distribution of resources...

Zara Company Delivering and Creating Customer Value

Executive summary This report evaluates the Zara Company and its market position and how it achieved this successful business feat. Zara is a fashion design company which produces ready to wear latest competitively priced designs to fit its customers who principally are from the mass market. The report Compares and...

Management Principles in Organization

Introduction A company or an organization usually is concerned with connecting many operations to meet particular objectives or a number of them. Hence employing many or a number of employees by an organization or organizations would be justifiable considering that each employee would be expected to concentrate on particular jobs...

The Application of Home Automation System

Abstract This is a report that deals with all kinds of information related to the application of home automation system. The paper has been structured to see the possibilities and the process for the installation of home automation system. The matters related to its advantages and disadvantages are well discussed...

Managing International Business Environment

Analysis Business Environment consists of factors such as political, macroeconomic factors. Managing business environment is essential for promoting growth and profitability of the business and it involves decision making and strategic planning. In this context, the crucial decisions that the management has to make include setting targets for business besides...

Marketing Strategies for Launching a New Brand

Introduction Brand positioning, product differentiation and understanding competitors are three distinctive marketing strategies for launching a new brand in the market dominated by one brand. Through these strategies, organizations aim at make continuous improvement in their product marketing strategies for sustaining in the industry, with a sizeable market share. By...

Cost and Value Management: A Comparative Analysis

Introduction Cost and value management plays a crucial role in organizational performance and successful market operations determining the allocation of financial resources and controlling spending. Cost management allows companies to control and report their earnings and provides them with continuous control of costs. To ensure proper utilization of accounting information,...

Frito Lay: Control Measures

The greatest want of any organization or corporate body is to ensure that it meets its objectives and maximize all the available opportunities. This is only possible if the management is able to monitor the performance of the entity with comparison to the predetermined standards and take the necessary action...

Organizational Culture and Employee Engagement

Introduction Organizational culture represents what an organisation is and not necessarily what an organisation should have or what it has. It is more sublime and differs from the hype created by terms such as corporate social responsibility. It is made up of the experiences, values, attitudes and beliefs and is...

Sony Company’s International Business Strategy

Effective international business strategy prepares managers for heightened international competition. It gives them the potential to negotiate and manage firms and organizations in varying cultural settings. The strategies help the managers to be able to market their products across the continent. Managers should address international business with a discipline-based framework...

Leadership and Management: Case Study Analysis

Introduction In order to sustain the business operations in a competitive environment, a company requires to have sound strategies for marketing, communication, research and development, sales, social responsibility and of course in managing the workforce. This calls for an effective management development plan for running the organization. In today’s competitive...

Pay for Performance: Fact or Fable

Introduction Employees are the key drivers of any organization be it profit either making institution or charity organization. People working in any organization determine the success, market competitiveness, and future of that organization. This is the reason why in every organization there is a personnel department. This department helps in...

Social Responsibility in Toyota

Introduction Corporate Social Responsibility, also known as corporate citizenship, results from business organizations considering societys interest and taking responsibility for all the impacts, whether negative or positive, of their activities on their employees, customers, communities, shareholders, suppliers and the environment. The responsibility in this case extends the legal obligations aimed...

Cultural Difference in Leadership and Communication

The structure of the workplace is changing rapidly due to globalization. For example, Office for National Statistics reports that the workforce in the United Kingdom is presented by various groups of the population, including those coming from British, Indian, Chinese, and Pakistani backgrounds. The employment rate of individuals coming from...

Profit Maximization Ethics and Corporate Social Responsibility

Introduction Traditionally, the duty of company’s management is to improve the financial welfare of the shareholders of the company by maximum profits provided it is under the law. This is the canonical law and economics account (Elhauge: 2004) Companies are therefore liable for any act(s) that causes more that usual...

Mike Bike Advanced Firm’s Business Plan

Mike bike advanced (MB-A) is a stimulating system business that entirely deals with computers. It can also act as an interactive tool that can be used in learning business subjects. Its practical decisions are based on real-world modeling. MB-A is a bicycle-making industry in Evehwon which manufactures real cool and...

Exploring the EFQM Excellence Model: The ADNOC Example

The European Foundation for Quality Management (EFQM) Excellence Model has been designed for offering a holistic view of an organization since it is used for determining how various processes within companies fit together and complement each other. It is widely used by organizations across the globe and is being updated...

Voyages Soleil Tour Operator’s Hedging Decision

Case Introduction Voyages Soleil (VS) is one of the leading tour operators in Quebec. The organization has managed to establish strong relationships both with its customers and suppliers. The company’s owner Jacques Dupuis needs to decide how to manage VS’s foreign exchange obligations. Vendors accept payment only in US dollars,...

Human Resource Management: Benefits and Key Issues

Introduction Proper management in the modern business environment is a significant criterion that largely determines the success of a particular organization and its recognition in the market. One of the aspects of heads’ work is the control over personnel, in particular, the distribution of immediate duties. The significance of this...

Lululemon’s Supply Chain Scandal in Bangladesh

Introduction The supply chain is an essential component of every business that represents a link between a company and its suppliers to make a final product and distribute it to a customer. Often, various companies, including international corporations, face supply chain issues, and Canada-based Lululemon is not an exception. The...

Negotiation Plan Development: Elements & Tactics

Introduction Negotiations are an important business instrument that helps companies make good deals, thus increasing profits and extending the scope of their activities. Negotiating is a skill that can be learned, so procurement specialists should be trained to do their best at the bargaining table. This training guide will explore...

Connection Between Management and Leadership

Introduction Management and leadership is an essential topic for discussion in the context of business because they have a direct and significant impact on the operation and require specific competencies, especially in the modern world were globalisation is changing the competitive advantages of firms. To fully understand the concepts that...

Furniture Manufacturing in the UAE

Introduction The successful realization of any project depends on the development of an appropriate schedule and the allocation of resources. The focus of this project was on enhancing furniture manufacturing in the United Arab Emirates (Abu Dhabi) with reference to finding the best possible project management practices to ensure that...

Analysis of McDonald’s Corporate Culture

Introduction Any reliable organization is characterized by its unique corporate culture that may be regarded as a combination of particular elements, such as the organization’s values and symbols. Corporate values and beliefs are the core of the organizational culture that forms the fundamental standards of the company’s goals achievement (Gagliardi,...

Using Cost-Volume-Profit Analysis to Forecast Costs and Profitability

The management of corporate financial assets and especially the assessment of changes in costs per a specific volume of a product is an important step in increasing the corporate profit margins. Therefore, tools for analyzing the current situation and locating possible scenarios for the development of the present cost-related situation...

The Møller-Maersk Group: Analysis, Design, Development, Implementation, and Evaluation Phases

Introduction Competent work on human resource development (HRD) and talent management is the key to success for any organization since an effectively established algorithm of the leader-subordinate interaction contributes to implementing the tasks set productively. However, in some cases, problems arise in this area when employees demonstrate low production results...

Thriving in a Competitive Global Context: The Case of Sanofi

Macroenvironmental factors affect the performance of every business and require companies to alter their strategies in a way that allows overcoming external and internal risks and capture opportunities more effectively. It is valid to say that international pharmaceutical enterprises must strive even harder to adjust to environmental influences because the...

Adaptive Leadership Theory Analysis

Adaptive leadership is a leadership concept that implies effectively responding to change that impacts the industry that a leader works in to ensure sustainability and development. The adaptation in regards to the requirements of the environment implies anticipating the changes and preparing the followers to ensure that they can respond...

Sustainable Marketing Application in IKEA

Abstract This paper explores the marketing tools and techniques used by IKEA, a global retail company that has an excellent reputation and is favoured by many customers. The analysis is based on a wide range of marketing concepts, which allow painting a comprehensive picture of all IKEA’s activities related to...

Leveraging Social Media in the Luxury Industry: Recommendation for Dior

Introduction Across the world, luxury fashion is a dominant sector in the luxury industry since it registers consistent growth in sales and profits. According to D’Arpizio et al. (2019), over decades, the growth of sales in the luxury fashion has increased by about 6% from 76 billion euros in 1996...

Supply Chain Management Analysis

Summary The process of supply chain management is concerned with the control of materials and information throughout the entire supply chain, from suppliers to the producers of components and subsequently to store shelves. Therefore, optimization is an essential factor of supply chain management that can ensure that all of the...

Concept of Strategic Decision

Summary In the context of strategic planning, organizations are expected to make decisions targeted at achieving profitability and maximizing their operations. Thus, by making clear the long-term goals and visions of a company, the management has the opportunity to align the short-term tasks and responsibilities with a broader mission. This...

Blue Ocean Strategy and Framework

Blue ocean strategy underscores a policy that challenges organizations to distance themselves from the aggressive competition through the establishment of unexplored markets that make extant rivalry inappropriate. One of the rationales behind Kim and Mauborgne (2004) using the colors blue and red is to portray different markets illustratively. In the...

Boston Beer Company’s Corporate Leadership: Strategies and Impact

Boston Beer Company has a myriad of top executives who hold several key positions in the company. The company’s President and CEO, in charge of all operations and chief decision-maker in terms of fiscal policies. With an average term that spans 8 years, Boston Beers provides a longer tenure than...

Apple Inc.’s Strategic Leadership and Innovation

Introduction Heracleous and Papachroni explore strategic leadership and innovation at Apple, Inc., performed by Steve Jobs, a founder of the organization. The authors point out that the company started to prosper after Jobs returned to work in 1997. For the period before 1997, however, the organization experienced financial difficulties and...

Transforming the Texas Plant: Potential Solutions to Operational Challenges

The “Transforming the Texas plant” case presents several important problems that may be of everyday occurrence at the workplace. That includes abuse of power, organizational behavior issues, the establishment of leadership and a healthy corporate environment. With the example of this particular case, it is easier to come up with...

Avast Software: Company Analysis

Executive Summary Avast Software is a globally recognized multinational company and leader in the area of providing cybersecurity solutions for individual customers and businesses. The company, which serves users in Europe, the Americas, Asia, and Africa, has been demonstrating stable financial growth. As the leader among its competitors, Avast is...

Stella McCartney’s Falabella Bags: Creating and Capturing Value Through Bags

Introduction Stella McCartney’s Falabella bags have become an iconic product despite the industry’s scepticism regarding the reduction of the use of animal-sourced materials. Its success is attributed to the fact that the accessory was issued as an opposition to the traditional view of luxurious handbags and also introducing new materials...

Implementation of Knowledge Management in the Workplace

Introduction The success of companies is strongly dependant on their ability to create, disseminate and use different forms of information. Business administrators regard knowledge management (KM) as one of the prerequisites for the competitiveness of enterprises (McDermott and O’Dell 2001). This paper will discuss several questions related to the implementation...

Role of Risk in Change Management

Introduction The identified risk is the fact that teller connects are currently being implemented in SunTrust Bank to allow clients to access banking services remotely (Santana, 2015). Traditional banking allows clients to physically visit a bank and do their transactions. However, through SunTrust’s teller connects, the clients can use just...

Byfield Business College’s Change Problem

Introduction Organizational change is a challenging endeavour because it affects many structural units and employees. Without adequate change processes, such ventures often fail because of many resisting forces. Therefore, it is imperative to plan the implementation carefully and communicate the ideas to employees correctly. This paper analyses the case of...

TechFite: Case Study

The Organizational Needs of TechFite As evidenced in the case study, TechFite is an organization that worries about the inadequacy of its cybersecurity systems. At the same time, due to being involved in NASA’s space program, it represents a likely target for hacking attempts and corporate espionage. Its vulnerabilities are...

Singapore Telecommunications Limited: The Capital Structure

Introduction Singapore Telecommunications Limited (Singtel) is the leading telecommunication company in Singapore with revenue of more than $12 billion in the last reported period. The company’s history traces back to 1879, and the country’s telecommunication set up was restructured as a part of its privatization program in 1989 to form...

Persuasion Principles to Promote Compromise

Concrete Experience and Reflective Observation My desire to become the best leader for my team made me read recent studies and visit several online courses to understand what steps and strategies can improve our company. In the list of available ideas and recommendations, my attention was paid to compromise and...

Motivation Theories: Explaining Individual Behavior and Performance

Understanding the factors that motivate employees to perform and deliver better results is inherent to successfully manage organizational issues and meeting the set goals. However, motivational theories are numerous and varied, providing different perspectives on how staff members can be encouraged to perform better and attain stellar results. Although delivering...

Employee Training and Its Benefit to the Organization

Concrete Experience and Reflective Observation Motivation and engagement are vital issues that I face in my work as a supervisor, and I think that this largely depends on the type of training that a company provides to its employees. Training of employees is the process that requires continuous attention from...

Servant Leadership’s Impact on Organizational Culture and Employee Engagement

In every company and organization, the central role belongs to its leader as he or she is responsible for its prosperity and success. There are different kinds of leaders, and it is hard to disagree that the best leaders are the ones who care about their employees. The purpose of...

Corporate Social Responsibility & Business Ethics

Introduction Conventionally, businesses are primarily created as profit-making entities, thus the majority of decisions seek to maximize the shareholders’ investment. However, the assumption that organizations exist solely to make money has changed over time with the emergence of the idea that such entities have some responsibilities to society. This premise...

Federal Express Corporation’s Ethical Perspective

Introduction The Federal Express Corporation (FedEx) is an American company that operates in the field of delivery services. The company is distinguished by its overnight shipping and the introduction of tracking technology that allows monitoring the delivery in a real-time manner. The philosophy adopted by FedEx is based on the...

Authentic Leadership in the Construction Industry

Introduction Leadership remains a critical practice or strategy in every field, organization, and institution. Within the construction industry, there is a need for managers to promote and portray desirable attributes that can empower followers and make it possible for them to deliver positive results. Many projects are usually complex, demanding,...

Leadership Theories and Examples

Trait Leadership Definition/Characteristics The timeframe in which the theory was popular is between the 1880s and the middle of the 1940s. According to it, one can be born a leader; thus, no further efforts would contribute to the development of the needed skills (Nahavandi, 2015). Trait leadership theory takes into...

Leadership & Management: What the Future Looks Like

The success of any organization will depend on the existing business model or strategy. Companies can introduce effective leadership styles and produce goods or services that will compete efficiently in the global market. The concepts of success and failure are critical for managers who want to take their firms from...

Coca-Cola Company: Management Overview

Introduction The purpose of this report is to assess management’s effectiveness and efficiency in the Coca-Cola Company. According to the official information available at website, the Coca-Cola Company is an American corporation, a total beverage company, offering over 500 brands in more than 200 countries and territories. The company owns...

Novartis: Evaluating the Marketing Mix

Introduction Different companies are situated in Miami, Florida; they have different products, services, and activities that define the company’s scope of operations. One of the companies that are located in Florida is Novartis, a pharmaceutical company that originates from Switzerland. This paper will analyze the marketing mix of Novartis, present...

Perspectives of Corporate Social Responsibility

Introduction Businesses, especially large multinational enterprises, affect the lives of communities where they operate, having the power to bring either a positive or a negative change. The idea of corporate social responsibility (CSR) implies that these companies integrate strategies that affect societies and the environment, making these elements an important...

Walmart’s Strategic Aspiration: Mission, Vision, and Philosophy

Introduction As a large retail company, Walmart established its presence in the American market quite a while ago. The organization has been widely popular ever since, becoming global within a relatively short period (“Our history,” 2018). If exploring the history and philosophy of the organization, one has to admit that...

Nike Inc. and Adidas Group: Business Direction and HR Planning

Industry Background The sporting gear industry occupies a significant place in the business environment in Canada. The industry’s code, according to the North American Industry Classification System (NAICS), is 339920, which refers to sporting and athletic goods manufacturing (“NAICS Code Description”). The reason for choosing this business field is because...

Role of Ethics Within Leadership

Ethical leadership involves embracing practices that comply with the set moral beliefs and values, such as observing the dignity of others and respecting people’s civil liberties. Ethics refers to concepts such as trust, equality, integrity, and charisma (Grandy & Sliwa, 2017). Complying with some laid-down ethical principles results in ineffective...

Spa Area and Treatments: Monitoring & Maintenance

The spa industry is pretty young and for almost 20 years and it, like any developing industry, has been constantly changing, adapting either to certain economic conditions or to new customer needs. Sometimes the industry itself dictated fashion, having caught the vector of human desires for a change in lifestyle...

Bean-Coin: Vegan Website Currency for Healthy Food Activity

The suggested currency is called “Bean-coin” and it is a currency for vegan website activity. It is backed by the commodity such as ready meals sold by the website. The website awards users with a certain amount of currency for substantive activity such as posting, sharing, and commenting on posts...

Spa and Salon: Business and Management

Introduction In today’s economic environment, enterprises need some effort to survive. The necessary conditions for the survival of the company are flexibility, adaptability to rapidly changing market conditions, increased labor productivity, and the ability to develop creatively. The team method of work is more effective in managing an organization in...

Burger King Company’s Marketing Mix Evaluation

Introduction Nowadays, the fast-food industry is facing many challenges resulting from consumer preferences and government regulations. Big companies need to consider healthy diet trends, but, at the same time, keep in mind the costs of production. Therefore, the issue of gaining and maintaining competitive advantage becomes especially relevant. In order...

Intel Corporation’s Social Media Policy

Introduction Intel Corporation is one of the largest technology companies, invested in a variety of sectors ranging from chip and computer parts manufacturing to data storage and processing. Therefore, the company recognizes the tremendous role that social media plays in daily lives and the technology sector, which is partly the...

IKEA Strategy Analysis for 2013-2018

IKEA Strategy Analysis: Introduction IKEA is one of the most well-known global furniture retailers nowadays. It was founded as a small, local business in 1943 by Ingvar Kamprad in a southern province of Sweden (Lewis). By 1956, the company became highly competitive due to a newly introduced ready-to-assemble furniture technology...

Organizational Behavior and Human Resource Management

CRM – Provide an example using the CSR (Corporate social responsibility ) Model Customer relationship management is a concept that, when applied properly, creates value for all stakeholders, including both suppliers and customers. However, it also harbors certain ethical issues that may complicate the outcome. The easiest way to illustrate...

Qualitative and Quantitative Risk Assessment Methods

Risk Categorization Risk categorization is an important aspect of the risk management framework. For organizations, a risk management framework is the procedure of recognizing and attempting to moderate risk occurrence. Risk can occur in numerous forms, which include integrity risk and competitive risk (Debono 16). Consequently, risk can be inadvertent...

Operations Management: Key Factors and Best Practices Explained

Importance of Operations Management Operations management is critical for any business because it can be used for effective and efficient work that ensures the possibility to meet the overall business objectives and reach successful performance. To prove this fact, it may be advantageous to consider the ways the most typical...

Publicly vs. Privately-Owned Enterprises

Introduction The two most prevalent forms of company ownership in the world are private and publicly owned enterprises. Each form of a property provides its shareholders and the company with certain advantages and disadvantages. Privately-owned businesses usually make up for the majority of the small and medium sectors, whereas many...

The Competitiveness of Saudi Pharmaceutical Industry

Introduction Preface The pharmaceutical industry is a complex, potent, and greatly globalized industry. It allocates the majority of its resources to the process of drug discovery, manufacturing, marketing, and logistics (Halliday et al. 1997). It needs high research and development (R&D) expenditures and extensive regulation of its products compared with...

Motivation and Performance in UAE Construction Industry

Abstracts As the construction industry grows along with the economy, UAE construction companies are striving to succeed amidst steep competition to deliver projects by the required cost, meet deadlines, and provide high-quality work. The sector requires a motivated and robust workforce, effective and resilient project teams with flexible and supportive...

Employee Development Systems and Planning

Introduction The department of human resources seems to be one of the most significant branches in any organization. The achievements demonstrated by the representatives of the human resource department influence considerable the work of the rest of the sections: if human resource members succeed in their activities, the rest of...

Frito-Lay Inc.’s Take-Over of Cracker Jack Brand

Case Recap Frito-Lay is a well-known manufacturer of snack chips throughout the world. It is the leading selling brand of chips in the United States. Their major brand includes Doritos, Raffle, Tostitos, Cheetos, Sun Chips, and Funyuns. Lynne Peissig being the vice president and general manager of the New Venture...

McGregor’s Theory Y and Management Style

Introduction Douglas McGregor, a social scientist, came up with two different views of human nature regarding employees’ motivation. The first one is theory X, which holds negative assumptions about human nature. It explains that man is inherently lazy and needs to be compelled. He is also self-centered and lacks ambition....

Work Contracts: Case Study and Negotiation Tips

There is no use denying the fact that the sphere of relations between an employer and employee is a very complicated issue. There are many various peculiarities that introduce some limits or describe terms of the relations between these two agents. Under these conditions, the working contract between an employer...