11728 samples of this type
BP plc (formerly known as The British Petroleum Company plc) is a UK-based gas and oil company. It has been around for 100 years and is still expanding into new markets (“#24 BP”, 2019). BP plc operates in every part of its home country, the United Kingdom. It sells fuel...
Introduction According to Bryson (1995), strategic planning is the process of making choices. This process usually takes place when leaders need to be supported when making their goals international. This is a managerial tool that is used for the purpose of assisting the organization to perform better. In other words,...
The early 21st century is the time of deep-rooted concern about the unethical behavior of business leaders and business enterprises, in general. Admittedly, the lack of trust toward business in terms of ethical conduct was always an issue. Making money is the primary goal of any business enterprise stands in...
Anticipating customer needs is imperative for businesses willing to grow their market share. In highly competitive markets, the ability to meet customers’ evolving needs with each new product is among the main predictors of business success. The technology sector is an excellent example of a market where companies have to...
Financial statements are records of all financial activities reflect the position of a person, business, or any other entity. Generally, they report an organization’s assets, liabilities, and owner’s capital at any given point. There are four types of statements: the owner’s equity statement, income statement, statement of cash flows, and...
One of the direct reports, N, has a strained relationship with colleagues. He has been working in the position for more than two years, and his attitude towards new employees has changed in the last few months. His duties include mentoring several new hires during their introduction to the profession,...
Abstract The four exceptions to the governing classification rules are crucial for a successful business operation. Hence, the rejection of these exceptions may lead to numerous negative consequences and cause a considerable number of obstacles to the business owner. The paper proves the importance of the Standard Exception classifications, the...
Every conceptual construct devoted to the study of leadership has endeavored to identify the factors that influence effective leadership. Researchers state that at the current time, the field of leadership theories “is very broad and fragmented” (Lee, Chen, & Su, 2019, p. 88). This is not surprising, given the more...
Vision, mission, goals, objectives, tasks, strategy, tactics, and policy are the concepts that help the company to define their work in terms of culture, values, and ambitions, and present them to the world. However, quite often, the difference between these terms is quite vague and needs clarification. This paper aims...
“You get what you pay for” is a very apt truism for organizational culture, employee well-being, and business performance. Organizational culture is what the employees think, how they act, and why they work for the company in the first place. To create and uphold a desirable culture, executives and managers...
Introduction General Motors (GM) is a symbol of the American automotive industry and culture. It is known for an exceptional quality of manufactured automobiles as well as a high level of competitiveness and significant impact on both national and global vehicle markets. GM was founded in 1908. Since then, it...
Each person, being in society, can occupy one of two positions. An individual can either obey or hold a dominant position. A leading place is the goal of many, but achieving this status requires the acquisition of appropriate skills, first of all, responsibility and accountability. The significance of these two...
How the Concept of product life cycle applies to Regal Marine products Product life cycle is an extremely essential strategy in the marine vessels production. The results of having a life cycle plan enables Regal Marine to organize and lay down measures that incorporate the well being of the company...
The role of HR managers in an organization is difficult to underestimate since they manage the company’s most valuable resource – the workforce. Effectively managed employees are committed to their organization and do their best to help it achieve its strategic goals. To succeed in human resource management, HR professionals...
Introduction Advertising is a crucial concept in the success of the company, its perception by the audience, and the social impact that it might have. Numerous businesses launch unique, controversial, influential, and robust campaigns that can stay in the memories of individuals for a prolonged period. Nike is a company...
Introduction Heineken is one of the world’s largest brewers of beer and cider, in large part due to its business strategy. It pursues a cost leadership approach, providing a diverse selection of beer of both inexpensive and more premium varieties to customers. As a result, its brand is well known...
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...
Every company’s goal is to effectively manage its resources, including products, as they move through the supply chain at the proper time, at a competitive price, and in the best quality. Supply chains bridge the gaps that occur when suppliers are located far from customers and help to eliminate the...
In our ever-changing world, innovation is one of the most important processes to exist. Nowadays, people seek changes that would bring the largest amount of value to individuals, organizations, and the environment. It is crucial for one to take into consideration the business practices of today’s companies. In his paper...
Summary Overview The three airline companies in the articles face challenges concerning the logistics of fuel; thus, they focus on the use of fuel hedging programs. It is documented that Southwest Airlines has been posting impressive results. Fuel contract issues made the firm record losses in its third and quarter...
Leadership is an interesting subject that excites so many people. When the term is mentioned, images of powerful individuals who head top Corporations in the world and army officials who have commanded victories in various big wars and politicians who shape nations come into our mind. We also think of...
Introduction Among the problems that companies have to face presently, the increasing levels of consumer apathy represent the most challenging concern. According to Ross et al., the extent of apathy among buyers in regard to the promotion campaigns offered by companies has increased, which a reason for serious concerns (511)....
Managerial accounting aims to provide managers with measurement and interpretation of accounting information so they can make informed decisions to maintain and improve a companys performance. This occupation requires possession and development of several essential skills and qualifications. There are also certain ethical standards employees working in this sphere have...
Human beings learn better through examples and practical involvement in their study. In many instances, construction of theoretical information and making people understand the same becomes a hard nut to crack. As a result, many organizations have turned to the use of case studies as a mode of learning. Case...
Introduction Her Excellency (HE) Sara Al Madani is one of the brightest examples of the success of women in the entrepreneurial domain. She has started her career as a designer at the age of 15 and has since managed to garner recognition both in the native country and on a...
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...
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...
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...
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...
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...
Introduction Good management is vital in any organization if it is to realize its set objectives. An ideal management system is characterized by good planning, organization, directing, staffing and controlling. If there is a failure in any of these components, an organization is bound to fail. This paper seeks to...
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...
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...
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....
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...
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...
Introduction Transportation services contribute immensely to the economies of both the European Union and the United States of America. Other sectors of the economy such as the service and manufacturing industry rely heavily on the efficiency of the transport network in realizing their optimal value to the economy. The competitiveness...
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....
Introduction and Background We live in a world of diversity. From one part of the world to the other we come across people of different races and cultures. These differences in most cases translate to a different worldview and therefore a different way in which people go about their day...
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...
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...
Theoretical Considerations The redesign of the hotel lobby will be subjected to the common rules of design, aimed at increase the customer/visitors flow. The key aspects of the hospitality business define the customer’s loyalty and impose an accent on the aspects of service. Thus, the ability to serve the customer...
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...
Short Term and Long Term Issues Having been one of the pioneer companies in data processing, the DataClear Company was a real need in the world of software about ten years ago. The company experienced its ups and downs knowing exactly what the users wanted at the specific tie of...
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.”...
The world today is very dependent on a value adding, effective and reliable supply chain. In order to gain a competitive advantage in the supply chain, a country needs to match the aspect which add value to the supply chain with a unique advantage offered by its infrastructure and ease...
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...
Introduction Most companies in the world of capitalism always want more. They want more profit, more shareholder value, and more market share, among others. The realizations of these objectives have been attained through the successful initiation, development and management of a variety of factors that include value chain management in...
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...
Introduction One of the most prominent names amongst leaders of the modern business arena is that of Warren Edward Buffet, CEO of Berkshire Hathaway. Another such important leader is Carlos Ghosn, current CEO of Renault S.A. France. Their approaches towards businesses and leadership styles prove that theoretical expertise single-handedly is...
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...
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...
Introduction The business world is the specific sphere where people are to make decisions. There are a great many different techniques and methodologies in decision-making. The better method is used, the better decision is made and this decision is sure to influence the whole working process. Taking the scenario of...
Discuss the role of intermediaries in Business-to-Business (B2B) In order to provide an answer to this question, it is first of all, necessary to understand what an ‘intermediary’ in a B2B transaction actually does. In real terms he/she could be said to bridge the gap between the buyer and seller,...
Introduction Profitability is possible if the management protects the Company’s brand image while maintaining a good relationship with the workers. British Airways suffered major losses from the wild cat strike due to poor leadership that embittered the workers. Their loyalty and service to the BA were down-graded and treated unfairly...
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...
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...
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...
Outline This is a Journal Project on Leadership focusing on the leadership traits and skills. Today, we are living in a world were fierce competition is the order of the day in business circles. In this situation, only leaders who are having good leadership traits and skills can survive. The...
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...
Introduction The fashion market is regarded to be one of the most changing markets in the world, as the tendencies and trends change every season. On the one hand it provides the essential dynamics for the development of this business sector, thus, only companies with high competitive capacity may survive...
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...
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...
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 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...
Abstract This paper defines the importance of brand loyalty as a desirable outcome in the total marketing mix and personifies brand bonding in the case of a college student who cannot live without Coca-Cola. A refreshment needs to be created by advertising, demand for Coca-Cola grew via an unusually fortuitous...
Introduction In professional and education and indeed in general everyday life, we encounter a myriad of problems that requires us to solve. A problem, therefore, can be described as a gap that separates the present state from the desired state (Davidson & Sterberg, 2003). This state produces on one hand...
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...
Individuals have different notions regarding work or employment. For many, it is a means to life and survival in society whereas others view it as an excuse to unleash one’s creativity and talent. From firefighters to urologists, from ushers to designers, each has their own views and opinions regarding their...
Toyota Historical Sales Analysis Toyota Corporation, which is considered to be one of the largest automakers in the world, started to function as Toyota Motor Corporation in 1935. The achievements of the company have always been followed by customers’ needs satisfaction. The analysis of the Corporation historical sales since 1937...
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....
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...
In a highly competitive global business environment, it is no longer enough to rely on traditional methods of manufacturing and marketing products. This is the Information Age where information regarding a particular company, whether true or not, can easily drive up or drive down sales. This means that the business...
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...
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...
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...
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...
Introduction Recently there have been a lot of emphasis on both strategic marketing and logistics on research and business academics literature, illustrating a growing but confusing body of knowledge (Chernatory & McWilliam 1990, p112). Both strategic marketing and logistics disciplines have played significant role in the establishing basis for business...
The practice of providing a title rather than substantial compensation The business environment today is different. The difference has been brought about by new knowledge of work, global competition as well as outsourcing. The employee compensation plan of many companies, however, is still rooted in past practices. Modern employee compensations...
Introduction Human resource is a key element in an organisation. For an organisation to be successful, it is important that the management implement a comprehensive employee resourcing strategy. According to Kevin (n.d, p.2), employee resourcing refers to matching an organisation’s future requirements and supplying it with committed, qualified and experienced...
Pretentious diction and dying metaphors While writing an essay, one needs to be conscious about mainly four topics: they are dying metaphors, operators or verbal false limbs, pretentious diction, and meaningless words. If anyone wants to complete an essay without making any nonsense, they must be aware of these topics....
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...
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...
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...
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...
Abstract The road towards the newer millennium has been devised by IKEA based in Singapore. IKEA is working to improve the lives of people residing all around the world. The target that has been set by IKEA for the year of 2010 is to be the world renowned...
The construction industry experiences many challenges. Some of these challenges include bid shopping, reverse auctions, false claims, threats as well as employee misappropriation. The construction professionals feel that the industry is ruined by an increase in unethical behavior. The role of construction ethics is to ensure that ethical practices and...
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...
Introduction The case in quetion concerns Empress Luxury Lines, a world-wide known cruise line. Top management of the company is planning to intentionally damage underground lines to get coverage from the insurance company. The obtained money is expected to be used for the computer system upgrade. Kevin Pfeiffer, a computer...
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...
Leadership is one of the key factors that contribute favorably to the success of any organization. In organizations where leadership is lacking, there is always confusion since there are no well-structured organizational goals. Leadership can be described as the ability of an individual to use emotional and personality skills to...
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...
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...
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...
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...
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...
Introduction Effective and qualitative education is a core of any profession as it gives future private and public employees a chance to master knowledge and skills crucial for effective performance. Management education is important because it supplies future managers and administrators with knowledge and innovative ideas, practical examples and analytical...
Executive summary Most consumers of shampoo are influenced by the features of the product. These features form the most important factor in determining the quality and thus affecting the consuming pattern. It is consumed mostly by the young and energetic population segment most of them who will be showing off....
Introduction In their operations, it is common for organizations to face various challenges that are often an obstacle in the operations of the organizations. Likewise, the United Nations, Imperial Tobacco, HSBC and Norwich Union have faced global challenges that have necessitated action to overcome them. The report herein looks at...
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...
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...
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...
Harvest strategy, New Market entry, and business plan are studied in the last session. These sections have helped me to learn about how to enter a new market, when to implement harvest strategy and how to make a business plan. A harvest strategy is the plan to close business within...
Introduction Business plan is the written description of the future of a business. It is a tool for entrepreneurs to realise their business goals. Entrepreneurs can use the business plan for coordinating the human resource personnel towards the business goals. Managers can be directed properly through well prepared business plans....
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...
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,...
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...
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...
Introduction Organizational culture is the one that determines the behavior of the organization as a whole since the kind of values and mentality that the people running the system have in mind are dependent on the organizational culture. New employees that have different mindsets from that f the culture are...
Introduction Organizational structure can be defined as the approach in which a business is structured with regards to management and it usually determines the overall performance and achievement of an organization. Businesses are faced with a lot of challenges in there undertakings as a result of the ever changing and...
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...
Introduction Positioning strategy defines how the company products differ from competitors’ products. Therefore, Positioning is the process of designing the company’s image and value offer so that the customers understand and appreciate what the company stands for in relation to its competitors. A Positioning strategy adopted puts a company in...
HR planning is one of the key business processes aimed to hire and retain a skilled and talented workforce that would assist them in meeting various strategic goals. HR planning systems include a plethora of activities concerned with the evaluation of organizational workforce needs, development of projections for manpower development,...
Effective HR planning is paramount for the development of organizations’ human capital. At the same time, as stated by Booth (n.d.a), “the success of many HR activities relies on effective collaboration” (para. 1). When performing a wide range of those activities, starting from the formulation of recruitment objectives and ending...
Introduction The continuous increase in the cost of providing health care has resulted in additional pressure on the health care providers to extend their services to their patients in a more cost-effective manner to meet the challenges of retaining the patients as well as maintaining the revenues. To meet these...
Introduction A company going international will face or encounter risks that are different from those faced in the home country. The risks in International transactions include foreign exchange risks and political risks. Foreign exchange involves things like currency shortages, depreciation, and increase of public debt or exchange rate fluctuations. Proper...
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 (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...
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,...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
Introduction A decision tree represents a visual support tool targeted at helping its user to make a conclusion on the basis of available data. It is a tree-like graph that shows a consequence of decisions that are made with the help of information on outcomes, costs, and utilities. Each branch...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Concrete Experience and Reflective Observation Leaders in business organizations are occupied with several tasks and duties. One of the experiences I obtain as a leader in data analysis is based on persuasive messages. A persuasive message is one of the central sources of information that may call to action, convince,...
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...
Executive Summary Spin Master is a widely recognized multinational company that specializes in manufacturing toys of different types and interactive games, as well as entertaining digital content for children. The company is based in Canada, and it operates in the Americas, Europe, Asia, Australia, and some African countries. Spin Master...
Promotion of a certain product and its sales to consumers is one of the main activities of modern companies as they are interested in the constant increase in the revenue and generation of stable income. For this reason, the 4P’s of marketing become an effective paradigm that is utilized by...
This Walmart Porter’s Five Forces analysis will reveal why the company is on top of retail industry. Check it out to learn about Walmart bargaining power of buyers and more. Walmart Five Forces Analysis: Introduction Having recently rebranded itself as not merely a chain of stores but an experience that...
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...
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...
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,...
The development of many modern and well-known brands depends largely on how effectively the principle of managing all the areas of work is organized. In various corporations, directors pay specific attention to those spheres that they consider the most significant – interaction with consumers, building partnerships, attracting sponsors, and other...
An attempt to transform the goals and aspirations of a certain company into a holistic picture is formed by its mission and vision statements. To attract consumers, to interest potential investors, and to argue the strategy of work clearly, relevant slogans are approved and promoted. As a target organization to...
The term cooking the books is used to describing a range of fraudulent acts that companies attempt to provide false financial statements. Usually, cooking the books is associated with exaggerating financial data to report non-existent earnings. At the beginning of the 2000s, many Fortune 500 companies have been caught improving...
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...
