11507 samples of this type
Changing Decision Making and Introduction of New Products at Nike Nike’s downfall started when the managers developed the feeling that their decisions were final and correct with regards to the operations of the company. However, deteriorations in market performance forced the management to acknowledge the need to change how decisions...
Abstract In the not so distant past, companies were able to collect and process information by hiring a significant number of people that were tasked to collect and sort data and then file the same into storage cabinets. The old system was costly and inefficient. However, due to the emergence...
The Somerset Furniture Company experiences significant problems with organizing the transportation of the prepared furniture from China to the United States in order to provide customers with the purchased pieces without any delays (Russell & Taylor, 2013). It is important to note that if the company completes all the required...
Franklin Equipment, Ltd. (FEL), a company specializing in producing machines for the sphere of construction, focused on expanding internationally. Project Abu Dhabi was planned to be the first project associated with entering the international market (Larson & Gray, 2014, p. 413). However, before starting the project, Carl Jobe, a facilitator...
The question of whether a leader’s motivational aspects have an impact on his or her leadership style and performance has been subjected to substantial empirical exploration by scholars and practitioners for several decades now (Ellemers et al., 2001). In this paper, I make an attempt to deepen the understanding of...
The breakdown of relationships between members of the noodle wheat supply chain occurred due to the contamination of the product and import refusal that entailed operational and financial losses. Of course, contamination is more than just a rude mistake made by the suppliers, as they knew about the norms regarding...
Abstract The Enron scandal has become a notorious case of the 21st-century entrepreneurship. Although the concept of a financial fraud itself cannot be considered something out of the ordinary, it was unexpected to witness a global company deciding to choose this avenue to manage its financial issues. Despite the fact...
The principles of costing and business control that may be adopted in CareTech Holding PLC The costing scheme that CareTech has adopted is based on the IFRS standard. According to the Companies Act of 2006, under section 408, the company has to present a comprehensive income statement. Following the regulations,...
Introduction Business organizations in the contemporary environment face different challenges, which include environmental turbulences and dynamics. As a result, most of the current business organizations develop effective and efficient business strategies. Effective and efficient business strategies play a significant role on development, growth and prosperity. Corporate governance is a vital...
Are you looking for an essay example on Porter’s diamond model in international business? Then you are at the right place! Here are some questions that you might be interested in: Which of the elements in Porter’s diamond model of national advantage takes into consideration companies that locate near the...
Introduction Donald J. Trump started Trump hotels in 1997 as Trump and International Hotel and Tower in 1997. The hotel was a 52-story building used as residential. The other hotels opened later include Trump International Hotels and Tower Chicago, Trump International hotel Las Vegas, Trump International New York, Trump Ocean...
Introduction With the evolving technology, organizations are putting more efforts to keep up with these advances in technology. The business environment has to a great extent been influenced by the constant changes that are being witnessed in the market currently, technology has made it easier to come up with methods...
Apple Computer Company is an organization that deals with electronic goods (Apple,, Inc., 2012). While promoting its products, Apple Computer, Inc. has expanded its market globally (Apple, Inc., 2012). Recently, because of its popularity and success in the market, Apple Computer was rated the largest publicly traded firm in the...
Introduction Procter and Gamble (PG) is a manufacturer of cosmetic products. Its products are mainly sold to wholesalers, retail stores, and grocery stores. PG’s floods ship brands include an assortment of beauty, health, and household care products. PG operates in the personal and household products industry. L’Oreal (LRCLY ) is...
Executive Summary The internet has brought an unprecedented level of interconnectivity on a global scale through which more and more transactions such as banking and even retail are conducted online (Crespo 2009). Sites such as Amazon.com, Ebay, Craigslist and numerous other online retail suppliers are able to sell items such...
Introduction Over the past few decades, the business arena has experienced an increment in the number of organizations with a high rate of diversity. Diversity in an organization involves appreciating differences amongst employees based on various variables such as socio-demographics, and human capital (Paludi, 2012). This aspect highlights the importance...
Running a restaurant, especially in the area known for its high competition rates among the local food production companies, particularly, the fast food industries, is not an easy task. However, by defining the profits and losses that the company is likely to witness in the first year of its operation...
What is a beauty salon business plan? Keep reading to find out! Here, you’ll get an idea of how to write it with the example of Trendsetters Glamorama salon business plan. Executive Summary Trendsetters Glamorama is a proposed full-service salon and day spa with an upscale and therapeutic atmosphere for...
Shangri-La Hotels and Resorts is a deluxe hotel chain that operates in Eastern Asia, the United States, Australia, and Europe. There are several competencies of this orthe ganization which need to be discussed. The main strength of this institution is its ability to take into account the cultural backgrounds of...
Introduction The process of creating an exposition can be compared to creating an artwork. It demands just as much inspiration and effort and takes nearly just as much time to come up with. There are certain rules for setting an exposition; however, breaking these rules does not mean devaluing the...
Coca-Cola is a universally well-known brand. The parent company based in Atlanta Georgia produces a concentrate, which it supplies to bottlers all over the world. The company’s threefold mission is, “to refresh the world, to inspire moments of optimism and happiness and to create value and make a difference” (The...
Abstract Culture varies from one place to the next. The variation may be small or significantly large in some cases. Since culture has a great influence on various industries, businesspersons have to gain a good comprehension of the ways of life of a given place for them to visualize their...
It is common for human beings to experience and practice prejudice and discrimination. Prejudice refers to the “the inflexible and irrational attitudes and opinions that are held by members of one group about another, while discrimination refers to behaviors that are directed towards another group” (Lang, 2006). Prejudice prompts individuals...
Burnout is one of the major reasons for the high rate of turnover in organizations (Childs & Stoeber, 2012). Clearly, companies have to operate in the highly competitive business world in quite difficult conditions, since such resources as funds, technology, human resources and so on are quite scarce (Childs &...
Navigating and Facilitating Change At workplace, change is not only necessary for organizational progress, but also inevitable bearing in mind that the prevailing external and internal environments keep on changing continuously. As such, changes must be implemented in a manner that does not disrupt and affect the smooth running of...
Salix is a pharmaceutical company; it has a goal to provide gastroenterological medications of the best quality to the patients suffering from gastroenterological issues such as Crohn’s disease, inflamed or irritable bowel disease, ulcerative colitis, traveler’s diarrhea. The medications made by Salix are distributed to gastroenterologists and general practitioners. The...
Recommendations There is urgent need for Wolf Motors to restructure its supplier relationship process. To begin with, the management at Wolf Motors should strive to offer a large selection of automobile parts to customers. This implies that the automobile company should seek additional supplier sources for vehicle parts that are...
Introduction Globalization is gaining more and more impact on institutions ranging from small companies to multinational corporations. The shrinking of international boundaries among enterprises and their markets has made it necessary for institutions to come up with the possible strategies for dealing with the demands of such diversification. The element...
Introduction The importance of human resources has significantly increased in various organizations, all the more so in the contemporary business world that is characterized by a high level of competition. In every organisation, human resource plays a pivotal role in determining the success of an organisation. For instance, it influences...
Introduction Pay incentive is a motivational feature that could be awarded in both monetary and non-monetary form and is used for the purposes of encouraging staff and employees to achieve the targets set in the workplace. As the business environment becomes more and more competitive, higher goals are being set...
Starting new business ventures is not always problematic. Nevertheless, new enterprises present challenges that are significantly different from those of established corporations (Longenecker, Petty & Palich, 2011, p. 31). The complexity of a new venture and the entrepreneur’s preparedness to meet the demands of the new business determine the severity...
Introduction In 2011, Europe faced one of the worst debt crises. Countries such as Greece and Portugal were heavily indebted and required the other countries in the bloc to bail them out. The only country that was not affected by the crises was Germany and this made her the “savior”...
Introduction The British airline EasyJet first took flight in 1995. It is located outside of London’s Luton Airport and follows the low-cost carrier business model. Since its inception, EasyJet has flown 803 different itineraries. The 2019 EasyJet annual report states that the firm serves 132 airports in 31 countries. As...
Assessment of the Leadership Foundations from the Interview Many people agree on leadership principles regardless of the organizations to which they belong. To assess the leadership foundations of two organizations, I interviewed their leaders with whom I interacted at CHE Behavioral Health Services. The first interviewed leader was the Director...
Introduction An organization needs a strategic plan to grow its operations profitably. To develop an effective company strategy, one needs to examine examples and determine what it entails. Kusuma & Dhiyaullatief Bachtiar (2018) state that “intellectual capital, organizational learning, and corporate governance significantly improved firms’ performance” (p. 77). The strategy...
Case Summary An accountant employed at a large accounting firm experiences significant downtime between assignments. During this period, the individual uses office equipment and company technology to develop a program designed to enhance work efficiency, potentially revolutionizing the industry. Recognizing its commercial potential, the accountant considers resigning to dedicate full-time...
Significance of Maize Industry in South Arican Agricultural Sector Background Most primary grains are produced in South Africa’s market-driven, highly diverse agricultural sector. Around 10% of South Africa’s $12.0 billion in total export revenue in 2021 came from the agriculture industry (International Trade Administration, 2023). One of the most significant...
Introduction Performance management should be viewed as a complex process that relies on several critical factors to ensure successful outcomes. It is essential to accurately measure performance to assess a project’s or program’s success properly. However, two main challenges of performance management need to be discussed in detail: what data...
Background Japan has a stable economic system, which presents opportunities for new product launches. Although peanut butter is not a traditional Japanese food, it has gained popularity among the Japanese. The country’s political, social, legal, and cultural factors are central to determining the success of launching peanut butter. This paper...
Introduction The dynamics of a team play a pivotal role in determining its effectiveness and success. Being part of a team can be a rewarding experience, but it can also be challenging. In this essay, I will reflect on a team I have been a part of and analyze the...
Introduction Chewse is a developer of a web-based service that coordinates and manages the delivery of catered meals to large gatherings of people. It can be done through the company’s online platform, including a virtual meal manager, local restaurants, in-house drivers, and on-site meal hosts. Employees can browse catering options...
Definition of Variable Costs Variable costs are costs that vary with the volume of output. Variable costs are opposed to fixed costs, which add up to total costs. The main sign by which it is possible to determine whether costs are variable is their disappearance during a stop in production...
Vision, Mission, and the Team The vision is to become the customer’s ultimate choice for all cafeteria needs through the profound promise to offer service with enthusiasm. The business always aims to address individual needs while demonstrating an equal degree of integrity in all interactions. The mission is to provide...
Carvana’s Market Positioning Through Innovation Carvana is a well-known online used car dealer in the USA that applies non-standard development solutions. The company is famous for its multi-story car vending machines, which allowed it to stand out from its competitors (Pollak 6). The company’s marketing goals are to minimize the...
The Company’s Problem NationaliTeas is a large international corporation that provides tea to customers across the globe. To attain their B Corp Certification, they seek to increase the value of their quality to customers. This proposal aims to provide two customer-focused ideas to increase the product value to businesses and...
Introduction It is difficult for companies to develop effective marketing strategies that will focus on the new world conditions. The coronavirus pandemic significantly affected the international environment and the international market, which changed the strategies of American companies (Behl et al., 2023). To promote products and services, companies can take...
Description of the Chosen Business and Its Product The selected business unit of the Walt Disney Company is Disney theme parks. The chosen product line in this unit consists of Disney-, Pixar-, Lucasfilm-, and Marvel-branded products sold at retail stores within Disney parks. They include multiple product categories: footwear, food,...
Background Walmart has set up objectives it requires to achieve to enhance its relationship with investors. The objectives will increase the organization’s returns, and its investors will get higher returns. The firm has laid out different strategies for strategy execution. The statements in its Baird Global Consumer, Technology & Services...
Introduction Most people face challenges when trying to achieve their goals while communicating effectively. At the same time, achieving aims and coming to terms with other individuals are critical in an effective professional and personal life. The book Getting to Yes: Negotiating Agreement Without Giving In by Fisher, Ury, and...
Introduction The interview was conducted with local SPA business owner K. M., who shared valuable insights and lessons from years of successfully managing her business despite recent challenges. Coming from a working-class family, K.’s accomplishments as a leader are particularly remarkable. Her experience highlights that effective leadership is achieved by...
Introduction The current report depicts a marketing plan for a new company named Style Tomorrow (ST). The firm will offer a line of biodegradable sports clothing to ensure the items can be decomposed when they are no longer used. The target population will be the environmentally-conscious younger generation who enjoys...
Introduction The value chain model is based on the idea that any product or service on the market is bought only because it has some value. The buyer is interested in this value and is ready to pay the price for it. In this concept, any business looks like a...
Introduction Conflicts are unavoidable in any workplace or organization, though that does not make them an ultimately negative phenomenon. Embittered relations that remain within a team after conflict resolution indicate an incorrectly chosen conflict management strategy (CMS). Therefore, it is necessary to focus on productive CMSs that aim to relieve...
Introduction In my opinion, stress has become a common phenomenon in the workplace in today’s fast-paced world. Managing stress levels to maintain a healthy work-life balance and prevent burnout is essential. Physical Activity as a Foundation for Employee Stress Relief Physical exercise programs and mind-body practices are effective ways to...
Introduction This discussion analyzes the Key Performance Indicator (KPI) and Triple Bottom Line (TBL) balanced scorecard that the marketing and sales departments presented, as the Chief Executive Officer (CEO) requested. This scorecard provides three KPIs, one for each of the following metrics: profits, planet, and people, which are social and environmental...
Introduction This paper outlines Amazon’s TRP (Total Rewards Package), considering the organization’s mission, vision, values, and strategic priorities. A TRP incorporates a combination of benefits, rewards, and compensations that employees are entitled to at the workplace. A TRP includes wages, financial bonuses, recognition, career development opportunities, and workplace flexibility. The paper...
Business Responsibility in Managing Social, Economic, and Environmental Impacts In today’s world, the trend toward environmental and sustainable management of any enterprise is constantly growing. In this regard, implementing mechanisms by which the social, economic, and environmental impacts can be tracked is vital for business. Enterprises are obliged to organize...
Introduction Young people’s welfare and the availability of youth programs are essential components of UK government policy. Recent studies indicate that the United Kingdom continues to have worse child well-being than other Western nations (Bywaters et al., 2020). The current fall in the well-being of young people in the UK...
Introduction Job satisfaction plays an integral role in employee motivation, productivity, and workplace dynamics regarding retention and output. As a result, employers usually pay attention to the feedback of team members that they collect through various approaches. Among approaches to measuring employee job satisfaction are interviews, surveys, and focus groups. Depending...
Introduction Both action research and traditional research involve collecting and analyzing data to consider a specific problem. However, these two types have several key differences in their approaches. Traditional research focuses on testing a particular theory or studying a phenomenon. Action research aims to address a specific problem in a certain context,...
Introduction The supermarket industry in Australia has developed and has significantly impacted the country’s economy. Although several supermarket chains are on the market, Woolworths and Coles dominate. Recent changes in the global economy and global political processes have affected the industry, causing food prices to increase. Supermarkets use different strategies to...
Company Aims Today, the building and construction market remains in demand for millions willing to improve their living, working, and other conditions. By building furniture and other items, Amazon Constructions assists clients with architecture and design. It is an area of Amazon that only deals with building-related activities and provides...
Mission Unlike many organizations, Hewlett-Packard’s mission changes from year to year. The company’s mission has remained unchanged from 2020 to 2023. HP’s mission is “We earn customer respect and loyalty by consistently providing the highest quality and value. We achieve sufficient profit to finance growth, create value for our shareholders,...
Introduction Effective leadership is an essential component of the success of every company on its way to development. Since I am a successful director of leadership and learning, Eduardo, recently promoted to manager, contacted me, as he needs to improve his leadership style after feedback revealed both strengths and challenges....
Introduction In modern conditions, management decisions should be made only after a thorough analysis of available information, taking into account market forecasts and assessing possible risks. Forecasting methods allow businesses to identify patterns to make reasonable forecasts and evaluate their reliability. It is impossible to imagine a financial market participant...
Introduction Organizations often need to hire employees to perform project work within the outlined deadline. Employers can turn to part-time employees or independent contract workers if such a need arises. The choice of an independent contractor is advantageous for the organization since this type of cooperation helps the employer minimize...
Comparison of Performance at Amgen and Its Competitors Using financial ratios, Amgen was compared to its central competitors, AstraZeneca and Pfizer, in terms of profitability, liquidity, financial leverage, and efficiency. Cross profit margin and net profit margin demonstrated that Amgen’s profitability was higher than that of its competitors. Current and...
Company Background G Gear operates within the footwear industry, which is characterized by a high income level and fierce rivalry. The main competitors are Dynamic Kicks, Feet Picks, and Echelon Elevation. Thus, G Gear produces different types of footwear, offering up to 500 models. The company operates in both the...
Introduction It is hard to disagree that businesses must consider and control many operations, processes, and concepts. Some of them may have different options, including having either larger or smaller cash balances. An organization can benefit from holding a considerable amount of liquid investments, but only if it pays attention...
Introduction In this problem-based learning project, attention is paid to a lack of communication as a common workplace issue in modern organizations. The goal is to analyze the situation and clarify which solutions may be offered to employees. Project relevance to organizational behavior is evident because this course promotes the...
Introduction People can examine business data to determine a company’s growth rate as it evolves. The growth rate, which measures how much a company’s revenue rose over time, can be helpful when making buying decisions. Anyone working on a company’s growth and expansion should be able to understand how that...
Introduction The ethical dilemma discussed in this paper pertains to a friend whom I interviewed to discuss their ethical dilemma at work. In this case, my friend was working for a government agency and had done a procurement for IT services. When the results were revealed, my friend was asked...
Introduction During the last several years, the impact of marketing has grown significantly, provoking additional changes and improvements in strategies for business organizations. Many fresh ideas and concepts are constantly offered online, and people want the best services with reasonable prices and multiple options. Under the current influence of COVID-19,...
When to Use a Flexible Budget A flexible budget is a specific financial plan that provides for the behavior of both fixed and variable costs and the revenues generated with changing production levels. It could be used when a new product enters the market (Lubis et al., 2022). Since it...
Introduction It is no secret that social media has changed how companies communicate with their clients and how they do business. Enterprises have increasingly started using social media tools to intercommunicate with their existing and potential customers and protect their brand awareness and image. Social media marketing (SMM) is the...
Introduction In any company, it is necessary to have a specific tool that will provide an opportunity to cope with emerging problems. One of the current problems faced by organizations is employee turnover. To resolve this issue and reduce the likelihood of its further occurrence, root cause analysis can be...
Background Modern workplaces are an environment where people from diverse cultural backgrounds work together to achieve shared goals. Thus, it becomes essential to facilitate communication among employees and make it inclusive, allowing everyone to be heard, valued, and respected in the workplace. This report aims to provide a cross-cultural communication...
Introduction Understanding the cash flow within a business is fundamental to determining its financial health and successful administration and planning. The statement of cash flows, as a key financial statement, provides this essential insight. Drafting this statement can follow one of two paths: the direct or the indirect method. Both...
Introduction The supply chain, which guarantees that goods are sent out from the point of origin to the place of consumption, is essential to modern society. Therefore, the product chosen for supply chain analysis should be carefully chosen because it significantly impacts how people live their everyday lives. After careful...
A Brief Guide to the Analytical Hierarchy Process The Analytical Hierarchy Process (AHP) is a technique that companies use to analyze problems and find suitable solutions. It presupposes tackling any issue from a hierarchical perspective, implying that not all opportunities and possible solutions are equally important (Saranya et al., 2021)....
Case Summary Quinn, a senior project manager at Tiger Constructors, leads a diverse team of seven and encourages open communication. Recently, two assistant project managers, Kristen and Alex, became disengaged and less productive. Once top performers, they now mentor interns but have reportedly told them to ignore safety rules and...
Introduction In the case under analysis, Robert is introduced as a highly professional supervisor who manages the work of 25 employees in a large bottling company. His primary responsibilities are maintaining safety, controlling breaks, and scheduling for a team whose members work with packaging machines. The man has clear short-...
Survey Description Customer satisfaction surveys are an essential part of the service industry. This should give a clear idea of how the client perceives the quality of the services provided, as well as knowledge of what needs to be done to keep the client loyal and satisfied. Research shows that...
Key Concept Explanation The supply chain strategy must be carefully coordinated and integrated into the business processes. In an article by Alzoubi et al. (2020), they reveal in detail how important it is to apply the principles of sustainable development in the system of old supply chains. The search for...
Introduction The fight between Mark Zuckerberg and Eduardo Saverin, the co-founders of the social networking site Facebook, comes to mind as an example of a power struggle that has been chronicled. Zuckerberg and Saverin were close friends and coworkers in the early stages of the creation of Facebook. The company’s...
Background Recruitment is the process of identifying and enticing qualified candidates to work for a firm. It is a set of actions designed to locate and attract job applicants with the motivation, talents, skills, and knowledge required to fill recognized gaps in a work environment (Manuaba & Darma, 2021). A recruiting...
Introduction Running the Wildlife Honey family business has enabled decisions that align with the Blue Ocean Strategy and deliver the best results for the organization. At the same time, the growth and direction of the business were influenced by various factors that needed to be taken into account to make...
Introduction The candidate selection process for a job is crucial for any organization, as the future and prosperity of a company largely depend on the right choice of talented employees. When making a hiring decision, numerous factors need to be taken into account by Human Resources (HR) managers. These factors...
Capital Structure Capital structure may be regarded as a critical parameter of a company’s performance. It refers to the type of funds an organization uses to finance its operations, assets, and the sources of this money (Titman et al., 2017). In particular, a company’s capital structure refers to its combination...
Introduction In the industry, business organizations, regardless of their size, keep written records that depict operational activities, including assets, liabilities, and even the details of associates. Financial statements (FS) serve significant roles in showing managers the current financial position and the business’s overall performance in the market. The FS encompasses...
Business Name, Location, and Model Central Phone Repairs LLC is an electronics repair company located in Indianapolis. The business is situated at Maryland St. in the heart of the city (hence the name), close to Circle Central Mall. The company’s business model is a brick-and-mortar phone repair service, meaning that...
Ethical Issue Rationale for Selecting the Dilemma The dilemma of workplace privacy affects all employees regardless of whether they work with computers and the Internet. I chose this topic because employers monitor workers’ internet and device activity very often, and there is a lack of policies surrounding this issue. For...
Competitive Rivalry The current competitive rivalry in the industry is intense due to different approaches and strategies that major companies apply to survive and grow. As one of the largest can manufacturers, American National Can took the merging approach and became part of Pechiney International Group. That enabled more resources...
Action Plan for Market Entry in the United States Russell and Bromley can focus on the SOSTAC framework, more notable actions, and control when identifying the most effective approaches to entering the U.S. market. Regarding action, the first might consider franchises for several reasons. The first reason is that the...
Introduction Financial mistakes are among the most typical corporate failures that can lead to the company’s gradual destruction, and Carillion is one example that illustrates this hypothesis. Carillion had more than 43,000 workers and was the UK’s second-biggest building and property management business before its demise (House of Commons Hansard...
Introduction A company’s corporate culture refers to its shared beliefs, values, rituals, and practices that shape the employees’ behavior. In other words, an organization’s corporate culture is the unwritten code of conduct that guides the interactions of all stakeholders within an organization (Widarko & Anwarodin, 2022). Many managers in the...
Summary The principles for developing a successful web strategy for a small e-business are to comprehend the elements an entrepreneur should consider before entering the e-commerce space. Additionally, it is important to avoid the ten e-commerce myths. A good Internet strategy for a small e-business should also incorporate tactics for...
Contributions to Team Meetings and Discussions During one of the recent online team meetings, I played the informal role of moderator. I was responsible for maintaining communication order and allowing all participants to express their opinions and ideas. I facilitated the discussion, calling on team members to participate actively and...
Case Summary The business case I decided to analyze is “Sunk Costs: What Costs Do You See?”. It describes the ethical dilemma faced by Festival Cruise Lines (FCL), the largest cruise company in the world (Stuebs et al., 2014). The main challenge faced by the company and its senior accountant,...
Introduction Impressed by the culture and performance presentation, the CEO has invited an employee to a seminar on motivation, believing it may be linked to organizational performance. Noting that traditional motivational theories often fall short, the CEO, influenced by Bill Parcells’ leadership style, recommends reading Parcells’ Harvard Business Review article...
Market Estimates and Methods Coffee consumption is a significant market aspect that allows people to make life easier and consume a drink without leaving home. The size and volume of the available home espresso machine market in Australia and its key segments must be estimated using several important concepts. First, the...
Introduction Recruitment is used when seeking qualified candidates to fill an open position. It is used to determine who gets hired for a particular job. The most effective method of job recruitment is through direct advertising. Social media apps, employment sites, and bulletin boards can all be used to spread...
Introduction Procter & Gamble is a widely famous company whose values have been created over the years. One of the most debated parts of the company’s activity is the launch of the Vizir. As a result, the company faced three critical issues while presenting the product in the German market....
Introduction The work of every organization should be regulated by the ethical principles and code of conduct that all its employees share. The company’s core values typically determine these regulations, and they reflect the views of the organization’s leaders on their mission, goals, and acceptable ways to achieve these aims....
Types of Risk Management Strategies Risk Transfer The first option is risk transfer, a strategy whereby a company shifts the potential financial loss from a particular risk to a third party, usually an insurance company. This can be done through various insurance forms, such as property, liability, or cyber insurance....
Introduction An organization can be established on an individual basis or have a founder team up with others who share their interests. Moreover, organizations can be set up as partnerships when like-minded individuals cooperate and work out the details of how they will do business. Due to the coordinating nature...
Introduction Finding a dream job starts with pursuing one’s passions. The esthetician’s passion for enhancing one’s and others’ natural beauty is linked to this position. Although this job does not require prior medical specialization, specialists should be aware of cosmetic procedures and their effects on human health. They work in...
Introduction Walmart is one of the largest retail companies globally, and the constant improvement of its supply chain processes can explain its success. In the case described by Johnson (2015), Walmart China’s operations are also subject to change, and the focus is on enhancing the quality of suppliers, sourcing, and...
Study Abstract General Topic The study “From Coworkers to Friends” by Sias and Cahill focuses on peer friendships and analyzes their impact on employees’ personal and professional lives. The literature devoted to friendships at work is also analysed regarding relevance to the article’s subject. The literature presented as part of...
The Importance and Key Features of Effective Training Programs Training has always played an essential role in the development of any business. Good training helps prevent wasted time and money when the employee does not know what action to take. Therefore, it is essential to provide quality training to your...
Introduction Workplace spirituality is the organizational values framework demonstrated in the tradition to promote a superior experience through the work processes. It facilitates the employees’ sense of connection with one another in a way that they feel complete and joyful. When people share and experience solidarity in the workplace, they realize...
Services Description Services provided by Pretty Girl Dreams will include hairdressing services, such as styling, haircuts, coloring, and extensions. In addition, manicure and pedicure masters will be in the salon, ready to take care of their hands and feet, including cleaning, extension, correction, nail coloring, shellac, pedicure, and airbrushing. The...
Introduction Contracts are agreements made in writing or orally by two or more persons intending to pursue a similar goal. These agreements manifest in various shapes and are meant to lessen disputes between the parties. Notably, the purchase contract, an agreement between a buyer and a seller, guarantees effective commercial...
Employment Classification in the Gig Economy The employment classification in the gig economy, which has seen increased popularity because of firms like Uber and Lyft, is covered in the article Gigs with Benefits by J. Surowiecki for The New Yorker. Several variables are considered when deciding whether a person is...
Training Audience and Objectives For IfoSec Inc., I suggest creating a training program on effective small-group communication to enhance teamwork, idea development, and problem-solving. All workers will gain from this training, which will promote a more effective and encouraging working culture. We aim to build a common understanding and use...
Introduction “The Benefits of Being a Hands-On Manager” is the book’s fourth chapter that requires additional consideration. Several noteworthy aspects most interested me from the material I have read. Firstly, I realized that influential leaders always act calmly, judiciously, impartially, and confidently and do not panic in critical situations (Marriott,...
Diversity, Equity, and Inclusion Hiring Practices The idea of DEI is to foster a social atmosphere in which people’s uniqueness and distinctive traits are acknowledged, not disparaged, and never kept quiet. According to DEI, everyone can contribute significantly to society, regardless of gender, color, sexual orientation, ability, or socioeconomic situation...
Executive Summary The key role of a marketing plan is to outline the possible course of action and strategies undertaken and implemented by Anaheim Chocolates to ensure the firm delivers services to consumers. The key goal for Anaheim Chocolate is to expand and create brand awareness, increase sales, offer unique...
Introduction Maria Hernandez, a human resources (HR) director in a big city, has a lot of daily work. Some of her tasks require a quick response: a potential sanitation union strike, the COVID-19 situation, and a lawsuit against one of the city managers (Bowman et al., 2021). Maria must also...
Background Total reward analysis uses various information to help identify organizational trends and areas that require change. Human resources managers collect and arrange this data to create competitive compensation and benefits packages. The technique used to examine Emerging Pharmaceuticals’ benefits packages combines quantitative and qualitative information. The aim is to find...
Introduction COVID-19 had a massive impact on the performance of many retailers, and it became important to implement different strategies to maintain high performance and ensure stability in sales. Therefore, the company has expanded its online shopping options and made using its website easier (A Bullseye View, 2023). Moreover, Target’s...
Introduction A team should be greater than the aggregation of the contributions of its pieces. From experience in a sports team setup, it is possible to tell when a team is headed in the right direction. One can also argue that the team lacks one of the fundamentals that make...
Situation Political Canada is a democratic nation with a functioning parliamentary system and a constitutional monarchy. It maintains cordial ties with the USA, the world’s most powerful nation (Macdonald, 2019), and solid ties with the UK, France, and many other nations worldwide. The country is politically stable and, in fact,...
Predictive Life Cycle Five different types of project life cycles can be applied to the project. The kind of cycle should be chosen based on the goals and characteristics of the project. The first type is predictive, when the scope, time, and costs of the project are defined at the...
Introduction There are people in the world of leadership whose extraordinary talents create a lasting impression on everyone they come into contact with. Michelle Kane is a visionary manager who exemplifies revolutionary leadership. She captivates people with her magnetic personality and unwavering devotion. Moreover, she values effective interpersonal communication, leading...
First-Mover Advantage: DHL vs. Boeing DHL International is a top company that offers global express delivery services for customers in various countries. It is leading among the competitors, such as Federal Express and UPS. DHL International was established in 1969 when it delivered documents from San Francisco to Honolulu. With...
Intended Impact on Individual or Organizational Performance Leaders are responsible for their followers’ success and, in this way, support the organization. To achieve the goals of helping employees, they need to apply various approaches and solutions at work. Stricklin (2015) proposes several resolutions that can be effective measures in the...
Advantages of Using a Master Budget and Benchmarking There are several methods to estimate the sales required to break even. One of them is the contribution margin method, thanks to which it is possible to calculate the volume of sales required to cover all fixed costs and reach the break-even...
Introduction An example of a funding announcement for a community health program is the workplace wellness grant program. The initiative promotes well-being by minimizing illness and incidents resulting from accidents. The program is intended to enable workers to receive their compensation and address health issues by reducing the cost of...
Introduction Value creation is one of the key concepts in organizational management. It is defined as adding value to a product or service to satisfy customer needs and generate profits for the organization. To understand what creating value means, it is essential to focus on three main aspects: meaning, prerequisites,...
Introduction A nation’s economy significantly relies on the effectiveness of the utilization of natural resources within the nation. The government should adopt appropriate approaches and regulations that enhance the sustainable utilization of natural resources (Saenz, 2023). Peabody Energy Inc. is one of the leading companies in the mining sector and...
Introduction Being a critical thinker is an assumed skill, with only a few people realizing its importance until they face problems when such thinking is essential. Most of the choices being made in both professional and personal lives are made with the help of critical thinking, which requires logic, reasoning...
Introduction The recruitment process involves various stages repeated every time the organization conducts staffing. As Figure 1 below shows, organizations start by creating a recruitment strategy and organizing candidate relationship management before moving to recruitment and onboarding. Recruitment Process Steps Strategy Development The first step is to develop a recruitment...
Introduction Company culture is critical for the productive functioning of the organization because it determines the workplace environment. An organization’s culture is its collective set of mindsets, requirements, goals, and actions (Khan et al., 2021). It depicts the guidelines that members of a company adhere to, both formally and informally (Khan...
Introduction In their daily life, a person makes many decisions, ranging from practically unimportant to life-altering. Making the most insignificant decision often comes with a great deal of deliberation. People ask themselves what kind of food to order, which route to take to work, or which babysitter to trust with...
Introduction Establishing a vision and convincing others to follow are key components of leadership. Management is all about managing the intricacies of a company’s operations. While management aims to maintain control and stability within the current environment, leadership seeks transformation and challenges the status quo. Therefore, leadership and management are...
Introduction Talent development is a process that organizations have used to enhance the workforce and ensure it meets the organizational goals. The term can be defined as supporting employees’ learning and growth through initiatives and activities created by the firm (Greene, 2020). Companies need to have a defined path to...
Introduction Leadership is the oldest human quality, requiring skills and intent. It has long been divided into traditional and modern approaches. Traditional approaches focus on support and obedience, while modern viewpoints focus on attraction, inspiration, and collaboration. That is why I want to analyze the main characteristics common to leaders...
Alternative Frames in Human Resource Management The area of human resource management is constantly developing, so professionals need to improve their professional skills. One of the more popular approaches recently is to use alternative frames to view events and processes, which makes it easier to understand what is happening in...
Introduction Project analysis is an essential process used to evaluate the current status of a project and the potential issues likely to be faced in the future. The execution phase is the most crucial stage of any project, and the closing stage signifies the end of the program. The paper identifies...
Introduction Organizations need to clearly understand their objectives and the course they intend to take in the fast-paced and fiercely competitive world of business. Here, strategic planning becomes an essential procedure. Organizations can examine their current condition, spot opportunities and obstacles, and create a plan of action to reach their...
Case Summary When a customer buys a travel package with a credit card, A-One Travel records it as a sale. If the package is canceled, no action is taken unless the customer submits a written refund request—something many miss due to the unclear policy buried on the website. As a...
Executive Summary The analysis results show that Becton, Dickinson, and Company (BD) longer time in the health tools manufacturing industry gives the company a competitive advantage. Moreover, it has a diverse portfolio and a good corporate culture, which are unique strengths of the company. The analysis reveals that BD has focused...
The Importance of Hiring Individuals with Prior Felony Convictions Today, we will discuss a topic that challenges societal norms and offers a practical solution to an urgent problem. Today, we are here to discuss an important topic – hiring individuals with prior felony convictions. We believe that businesses should increase...
Organizational Collaboration Characteristics Indicating a Collaborative Culture Collaboration is a partnership that helps people create and achieve results together. Collaboration has many benefits, including improved understanding of the problem, more resources, and greater motivation to achieve goals (Belitski & Mariani, 2022). To make collaboration successful, several necessary steps must be...
Identifying Competitive Advantage in Healthcare Marketing The institution must devise a marketing strategy to gain a competitive advantage over other medical institutions and stand out. The marketing strategy should be based on branding a new medical institution. Branding is the creation of the image of the object. The brand must...
Fair Valuation of SABIC at the Time of Aramco’s Acquisition Announcement Aramco’s announcement about acquiring SABIC was necessary for the company’s evaluation. The data about the last five years of business successes was influenced by the global economic crisis that halted the development in the industrial sector associated with the...
Introduction The knowledge economy has significantly changed the hiring process between employees and employers. This has allowed workers to become sellers of their talents and knowledge to those who are willing to pay for them. People can earn money without joining traditional companies, giving them more flexibility and options. Game...
Case Summary Client service manager Peggy has complained to the human resources manager about the excessive turnover in her department. The turnover rate is highest during the first six months of employment for customer service representatives who provide first-phone support to clients. These jobs often require a Bachelor’s degree and...
Business Model Canvas Osterwalder and Pigneur’s (2010) Business Model Canvas (BMC) guides startups to construct a solid operational foundation. The BMC’s nine pillars are its partners, activities, resources, value proposition, customer connections, channels, costs, and income streams. This task will expand upon the BMC by answering the four unanswered gaps....
