11468 samples of this type
International Labor Organization (ILO) is the most significant global institution championing workers’ welfare. Since its inception, ILO has been involved in the demand for social justice and the fight for improved living standards for the world’s working population. The different conferences held in Geneva, the organization’s headquarters, consistently reviewed the...
Job Description The Smartec Enterprise is engaged in cargo transportation in cities, regions, and around the world. The company is looking for a responsible person ready to perform a large amount of work and rapid career growth to the Project Manager position. Alexander (2019) states that project managers play the...
Five Forces Analysis of the Toy Industry Threat of New Entrants The toy industry has a relatively low risk of the appearance of new players for several reasons. First, a common outlook is that toys gradually seize to be the primary entertainment products because of the advance of videogames and...
Addressing mechanisms that stimulate the learning of business processes plays a significant role in maintaining the sustainable operation of companies of different profiles. The promotion of individual and organizational practices that stimulate the improvement of employees’ professional competencies is an indicator of qualified management work and interest in achieving the...
Today, social media plays a crucial role in everyone’s life as it is the new way of living. Social media platforms are very relevant and popular nowadays as they help people find out and learn new things. Communication and exchange of user-generated content like photos, videos have become easy and...
The current situation of Microsoft on the market is defined by the presence of various competitors, which increase the risks for the business. The strongest of them are Google and Amazon, and their involvement in the development of software systems and cloud computing poses a threat to the company by...
Salesforces CRM is software that is designed to help managers organize their businesses efficiently. It is valuable because it uses the latest virtual advancements, like a cloud to connect all of its teams, leaders, and systematize customer data (Manchar & Chouhan, 2017). CRM stands for customer relationship management, and it...
Introduction Steve Jobs, the legendary innovator and founder of the Apple Corporation, spoke at Stanford University in 2005, and this was one of the businessman’s landmark speeches. Jobs addressed the graduating class with parting words and used non-standard methods of oratory by drawing on personal experiences and referring to individual...
Introduction The current memo aims at providing feedback to Judith on the scenario and Judith’s performance. Firstly, the cultural mistakes Judith made during the meeting will be summarized. Secondly, the cultural dimension differences between individualism and collectivism evident during the visit will be explained. Thirdly, the degree to which Americans...
Business responsibility cannot extend only to providing high commercial value. On the contrary, high business performance can be achieved by expanding employer social responsibility. This includes increasing corporate protection against stress. In general, stress has a severe negative effect on the mental and physical health of employees, and it is...
The retail sector has been experiencing tough times due to the COVID-19 virus. Sales have been proven to be resilient in the past year and, consumers opted to shop online majorly serving as an acceleration of the preceding trends. The scale of change has been astonishing with the growth rate...
Just as business strategic models, such as the integration of network-based and razor-blade business models, are important to a new enterprise so is an exit strategy from the market. Successful entrepreneurs develop exit strategies well before going into the market because the choice of an exit strategy determines the development...
Executive Summary GoPro is an American technology firm that manufactures action cameras and develops its video-editing software and mobile apps. Nick Woodman founded GoPro in 2002, and it is geared toward assisting people in capturing live images. From the beginning of 2020, the logistics for many companies have been affected...
Implementation Strategies A strategy adopted is how an organization translates its chosen strategy into action plans and activities to help the organization achieve its strategic goals. According to Heracleous et al. (2017), the strategic execution is a mechanism, which applies priorities and methods to produce the desired outcomes. The Strategic...
It is important to note that although the given analysis and summary will primarily focus on Toyota Motor’s North American division, the latter is heavily influenced by Toyota Japan. In the case of the corporate culture, the company harnesses loyalty and hard work, where the employees are put in a...
It goes without saying that for any retail business, it is highly essential to maintain the balance between demand and supply to hold an appropriate stock that provides the maximization of sales and profit. At the same time, in inventory management, forecasting sales for seasonal products is notoriously challenging as...
Logistics is the process of moving assets or resources from the level of production to the point of usage. Technology and creativity are essential to the future of logistics and distribution. Significant developments in the transportation sector are eagerly awaited by customers. The transportation industry needs to halt operations due...
Introduction The desire to become an entrepreneur is aroused by different factors among men and women. According to Anne Laure Humbert and Eileen Drew, gender plays a big role since social factors tend to affect more women than men. Issues such as marital status, demographics and social trends have been...
Absorption, variable, and throughput costing are three approaches to assigning costs to report income statements in managerial accounting. These approaches differ in the ways they treat products and cost periods. For example, external reporting is usually based on absorption costing to prepare financial statements, which implies accumulating all the costs...
Modern society has significantly increased its level of development of information culture. At this stage, an essential part of this culture – social media – has a severe influence. In marketing, it provided brands with a new path to reach and communicate with an audience. However, social media did not...
In management, internal alignment refers to relationships between interdependent social and technical elements within a company that ensure its effective functioning. The main components of the organizational alignment model are structure, task / work system, and people (Lane & Maznevski, 2019). At Toyota, all elements of this model are well...
In combination with opening new institutes, the best strategic long-term approach for Beleza Natural would be to offer a broader range of services such as the different types of styling on various types of hair as well as potentially offering some service offerings to men. Expanding service offerings is a...
Dick’s Sporting Goods is one of the best performing firms in the sportswear and sports equipment industry. The firm has a well-diversified portfolio that has enabled them to succeed in the global market. Dick’s Sporting Goods can attribute its success to an effective SWOT analysis of the market, which enables...
Introduction Many companies gain funds both by equity and bond issuing, maintaining a low debt-to-equity ratio. The latter helps them to avoid higher interest rates and benefits them in the future when seeking additional funding (Maverick, 2021). RRE currently relies on equity financing and considers adding some debt to its...
The concepts of leadership and followership are closely related and interdependent. Even though most attention is traditionally paid to discussing leadership positions, one cannot have leaders without followers. In this regard, followership can be compared to a building’s foundation since the effects that followers have on a company are usually...
The cooperation with an advertising agency for Absolut Vodka is not as beneficial as the work with cultural insiders. It is explained by the global nature of the company’s activities and the need to find a unique perspective to promote their products in different places. From this point of view,...
Opportunity cost is the foreseen estimation of the possibility of a decision being made unexpectedly. The idea communicates the essential connection between shortage and decision. Buchanan (2008) characterized opportunity cost as “the evaluation placed on the most highly valued of the rejected alternatives or opportunities.” When this essential connection between...
Marketing refers to an organization’s activities to promote the selling or buying of its services or products. It includes delivering, selling, and advertising commodities to customers or other organizations (Sorger, 2011). As one creates their marketing plan, they should identify the action plans, strategies, objectives, and potential threats or hurdles...
Succession Plan Every entrepreneur wishes to succeed in a business and they work hard after investing their capital. However, starting a business and thriving in it isis one of the major challenges that people face. Many start a business but within a short period, they are not able to proceed...
Introduction Carnival Corporation is among the world’s largest cruise ship operators with cruise lines in North America, Europe, Asia, and Australia. The corporation operates under three major brands, which include Princess Cruises, Seabourn, and Cunard. The company is owned by several shareholders, including individuals and institutions with different stakes and...
The latest issue of “Entrepreneur,” the world-renowned business trends magazine, discusses the emerging changes and news of 2021. One of the topics is the opening of Drew Barrymore’s brand in the face of the COVID-19 pandemic. The actress tells the public about the peculiarities of entrepreneurial work in conditions of...
Master Organizational Chart The chart includes the senior executive leadership tasked with providing healthcare governance and giving priorities to initiatives. The Guidance team performs the role of providing a steady-state domain while the clinical team refines the output of workgroups and general implementation. The workgroup is responsible for providing the...
Introduction I support the statement “you cannot plan to look back”. When one plans for a business or self after retirement, it is all aimed to look forward without ever looking back. The focus is on advancement and preparation for future encounters, especially in the dynamic business world. Economics and...
Employee turnover is an essential organizational phenomenon with significant implications for corporations, individuals, and society. Reducing unwanted turnover is the goal of every organization. High employee turnover in industrial organizations continues to be a concern for various organizations. It is because organizations spend significant resources to train and invest in...
Starbucks is one of the most successful businesses in history, familiar both to coffee drinkers or not. As other companies, it has its business strategy that has brought Starbucks such a colossal success. This paper explores essential aspects of Starbucks ‘ business strategy, such as focusing on flexibility, productivity calculation...
Introduction Starbucks is the largest international chain of coffee shops which has been consistently growing and expanding since the 1980s. In 2008, it faced a major crisis caused by the economic recession and the failure of the company’s aggressive expansion strategy. To address the crisis, it introduced significant changes to...
Expanding a company to the international market results in increased employment and healthy financial development. For example, Impact Confections Company can diversify its products by selling them outside the USA. Impact Confections Company is a candy-producing organization established in 1981 in Janesville, Wisconsin city, U.S. (Helton, 2019). Warhead candies are...
Introduction In any firm, there should be a healthy employee-employer relationship to enhance productivity. It is the interaction among employers and each employee at the workplace that influences productivity and efficiency. Business owners are all parties involved in the overall operation and success of the business. Governance is a process...
Servant and more traditional leadership differ in their approaches towards growth. Servant leaders are frequently focused on their responsibility and ability to provide service to clients, employees, and colleagues (Tait, 2020). This is especially important in relation to personnel that work directly below the leader as opposed to more general...
Abstract The paper provides a detailed overview of cross-cultural leadership and management in the workplace, in an effort to better signify the need to embrace acceptance and diversity in treatment of employees. The importance of working and adapting to modern challenges in treating one’s employees was stated, and the particular...
Effective collaboration is a balanced system, which can be compared to a body that functions correctly and independently to some extent. As a human organism, the external processes of any company reflect its internal well-being and a group is what represents it (Daft and Marcic). It is important to remember...
The author selected Samsung Galaxy S21 5G and iPhone 12 and gathered related qualitative information to understand how consumers go through the different decision-making process stages before acquiring a product. Samsung Galaxy S21 5G is a new smartphone by Samsung and the most advanced in the Samsung Galaxy S series...
Introduction The Human resource department is tasked with getting the best talents the company needs to ensure its success. This is achieved through a vigorous recruitment procedure that begins with the initial position questionnaire/interview. After this step, job analysis is conducted, followed by a job design and, later, the performance...
Introduction Becoming a leader in any field relies on strategic approaches to marketing and analyzing the competitors, weaknesses, challenges, successes, or failure to lay a baseline of success. Internal market analysis entails the strengths, weaknesses, opportunities, and threats (SWOT), allowing organizations to identify for areas for improvement, understand advantages and...
Introduction This paper requires an “International Strategy” formulation for a multi-national company to invest in a country to achieve desperately higher growth. Here the preferred company is “McDonald Corporation”, the US largest fast-food chain restaurant and famous delicious food and prime quality services. Here the target host country is India,...
Introduction In the modern world of business, it is important to take into account the ethical issues, for their neglect can lead to dire consequences. In this paper, we will consider the case of severe violation of workers’ rights exposed by Rowlatt and Deith (2015). The ethical issues of the...
Gurau and Ranchhod in the article “International green marketing: A comparative study of British and Romanian firms,” written in 2005 discussed that the most basic idea in green marketing is to promote one’s product or operation, so that one’s consumers will know that the company and its products are environmentally...
Number of Advertisements and Media Gaming marketers have capitalized on almost all social media and video platforms, including YouTube, Facebook, Instagram, Tiktok, Twitter, LinkedIn, Telegram, and Pinterest. For this research, I viewed five advertisements for each game on YouTube, Facebook, and Instagram for a day. The promotions were similar on...
Effective Communication It is essential to promote the use of effective communication to increase productivity and performance in the workplace. Organizations that have communication issues tend to lag in their performance. Some of the benefits of effective communication include fostering understanding among employees and employers on the expectations of their...
The domain of management may relate to any type of experiences, which are built on the basis of mutual interrelations between groups of individuals, who attain the goals of a specific organization (Boddy 2014). In fact, one can conclude that every human arrangement may be perceived as an organization, which...
Know How Management Concepts Relate Expertise, Creative Thinking Skills, Motivation, and Creativity Creativity is the ability of an individual to generate original ideas and new perspectives on existing ideas and find new answers and solutions to problems. From the management viewpoint, it also demands that these ideas are useful and...
Introduction Analyzing the basic components of organizational processes is a valuable approach that allows highlighting the key models and principles of sustainable clusters aimed to support the work of a specific entrepreneurial direction. Assessing the types of these processes, structural frameworks, and some other aspects can help obtain in-depth information...
Government regulation is necessary for ethical conduct by businesses since it ensures that there is fairness. Without laws, some companies, especially big ones with many resources at their disposal, would advance themselves through dishonest means. For instance, it would be unethical for a large firm to malign a smaller one...
Barnes and Noble and Amazon as bookstores may appear to represent a similar approach, yet they should be considered the direct opposite of each other in terms of business and marketing strategies. Amazon is a much bigger transnational company with almost forty percent of foreign customers, which does not view...
Strategic planning is one of the most important approaches to the development of any organization. Having a strategy is especially crucial for a healthcare institution, as the increase in services’ quality allows them to improve patients’ health and creates a competitive advantage. This paper will determine a small privately-owned hospital’s...
Introduction A strategy is a plan of action by an organization on how it intends to achieve its goals with the aim of profit maximization. It could happen due to the events or the happenings in the market. The emergence of a strategy might be as a result of interaction...
Introduction Risk Management is one of the greatest concerns of multi-nationals and businesses which is a practice that involves the processes of identifying, assessing and prioritizing risks within the business and/or corporation. After these processes, the concept then requires that resources are coordinated and applied to the results obtained from...
Abstract A company’s mission statement essentially defines the company’s reason for existence. It ideally incorporates the company’s most important values, as well as provide direction for short term activities necessary for the attainment of the entity’s long-term purpose. Companies will not often change their mission statements precisely because they define...
Identifying market characteristics for an organization is a way to establish a productive business and resolve all operational issues. As an analysis company, the bakery chain will be used. It produces bakery products and supplies them to restaurants and supermarkets. In particular, the company has several branches and produces yeast...
Introduction Glocalization is a concept that reflects the basic idea of transition from globalization to localization and integration of these practices. In other words, glocalization implies that businesses, NGO’s, or governments place great importance on how global products or practices fit into the local context. This paper aims to analyze...
Brands have risen to become a significant intangible asset of a firm. Product branding requires a firm to apply both art and science skillfully to build a strong valuable brand. A strong brand requires creative designing, careful planning and execution. Branding gives a quick identification to the product’s manufacturer (Kottler...
Ergonomics is the study of the work of human beings and adaptation of environment, practices, and equipments to the demands of the people using them. It is concerned with establishing a work environment that fits the needs of all the workers in their workstations. Ergonomics narrows down its objectives to...
The purpose of this proposal is to instruct the employees in order to increase their performance in the organization. There are several delivery methods for development programs, the most popular of which is instructor-led training (Lacerenza et al., 2017). It is best for creating an overall understanding of the raised...
Companies with reputations as good places to work have generated superior financial performance Reputation plays a vital role in the success of any business, both external and internal. As an organization, it must initially establish its purpose and values to define the nature of the inner workforce, gaining the status...
Emotional intelligence is a vital characteristic of the quality of human interactions. That is why there is a multitude of research on the importance of emotional intelligence in nurses and academic staff. Simultaneously, private organizations need quality relations, just like organizations in the public sector (Lopes, 2016). As noted in...
Work planning is an extremely important part of the success of any company; therefore, managers and owners should pay close attention to improving internal and external aspects of business. The reason for this is that the amount of this income is directly influenced by the rational use of all types...
How Multinational Companies are Managing Challenges in Product Development for BOP Markets I have noted that multinational companies can use several avenues to capture a niche market in BOP populations. To begin with, they can use direct marketing. This is where the company initiates direct contact with consumers in the...
Executive Summary The report evaluates the business environment in the UK. This is attained through evaluation of the business external environment. The analysis is conducted through the incorporation of the PESTLE model. Some of the environments considered include the legal, environmental, social, and economic environment. These environments are evaluated through...
Summary The economic term “Talent” refers to individuals that come together to create change in the operations of an organization. Talent management is a process of change, systematic growth and development, reconstitution, re-deployment of assets or talents necessary to create a change in an organization. Talent management transcends from talent...
The pharmaceutical industry is a specific activity in modern business, as it is sensitive to customer loyalty and local regulations. Retail trade is the relevant approach to sales in this area, as clients use services on a personal request or a doctor’s prescription. In turn, the supply chain is the...
There are different kinds of individuals across the globe and they all have diverse cultures, personalities, and behaviors. Every person could have a dissimilar perception of what leads a good individual to be caught in bad behavior. This may baffle some people as to how a calm and friendly person...
An article submitted to CNN describes the situation of competition between Tesla and Volkswagen. It is noted that Volkswagen significantly increased sales of electric vehicles and plug-in hybrids in 2020. Therefore, thanks to Volkswagen, an increase in supply in the electric vehicle market was recorded. Specifically, Volkswagen sold 231,600 battery...
Introduction Financial performance of an entity changes from one period to another period depending on a number of factors. Some of the factors are economic (such as fluctuations in exchange rate, stiff competition and recession), social (such as people’s perception about the product), and climatic factors (adverse weather changes such...
Introduction Sports are some of the social activities which keep various communities integrated and closely linked. Consequently, it is essential to promote sports, which can readily be accepted by society members and contribute to their success. The sport adopted for this community recreational program is soccer, which has existed for...
Introduction Social media continues to be one of the essential communication channels between businesses and consumers. More than one billion Instagram accounts are active every single month, according to the platform’s internal data (Business, 2018). Therefore, Instagram can be used as an immensely effective marketing tool that helps consumers understand...
The selected business industry for this scenario is the smartphone industry. The business research topic is customer satisfaction and value perception. The purpose of the global marketing research is to find the impact of consumer perceived value (CPV) on a smartphone purchase intention. Maximizing CPV is a major challenge for...
Introduction Economic growth can be disassociated from the degradation of the environment by the development and use of new technologies (Hoque & Walsh 2011). As such, natural resources are depleting at an alarming rate. Therefore, it is prudent that governments, organizations, or individuals adopt sustainable innovation strategies (Weber & Hemmelskamp...
I have worked for a company that is involved in the sphere of online sales. I would suggest the following inspiring vision statement for it – the best customer is a satisfied customer. Given the fact that the firm has to constantly get in touch with clients, it is essential...
Insights Gained Through the Case Study Methods and Their Practical Value Analyzing complex situations, solving specific problems, and approaching relevant solutions are among the priorities that each manager should take into consideration while working in a health care environment. Using the case study method, therefore, is a great contribution to...
Leading a group is something that requires an individual to apply many leading skills. Some people are naturally born as leaders but others acquire leading skills with time. Whether an individual has received formal training in leadership skills or not, the most important thing is that every good leader must...
Introduction A moral issue has emerged as to whether a pharmaceutical company has to release a new drug or not. This drug is thought to be an effective treatment of chronic and severe depression for thousands of people suffering from the condition. However, the company is confronted with a dilemma...
If a breakfast cereal company wants to introduce a new product in the market, it is reasonable to invest in forecasting demand. Here, the company should choose between quantitative and qualitative techniques. I would recommend using a simple moving average and market research approaches because they are suitable to present...
In the 21st century, due to the undeniable globalization processes, it seems normal when companies become international and open their filial not just in other countries but also in distant regions. The economic stimulus for this internationalization is endless: they vary from diversification of markets to incentives for the local...
The topic for this week is dedicated to economics, workers’ alienation, and conformity. The first article I wish to summarize is “White Collar: The American Middle Classes,” written by Mills (1951). This article concerns the research that Mills (1951) conducted about the role of the middle class in American society...
Introduction “Over the last three decades, there has been a tremendous increase in the number of innovative management accounting (MA) techniques developed across a wide range of industries”(Abdel-Kader and Luther, 2008). Abdel-Kader and Luther, 2008, go further to explain that these new techniques have in the end had effects on...
Introduction Regardless of the sphere of entrepreneurial activities, investing in high-quality hardware products and equipment is essential for the business’s successful start and subsequent development. The majority of hardware types make business operations run smoothly with little or no glitches. The administrative functions and business management are streamlined by the...
The DuPont analysis indicates that the company’s return on shareholders’ equity is affected by its operational efficiency, asset utilization, and financial leverage. The analysis assists management to identify weak areas of business. It also allows management to undertake corrective measures to improve the company’s weak areas and enhance its financial...
The review of the literature has uncovered a correlation between mental illnesses and disempowerment. Moritz et al. (2010) have found out that people lose control over their lives the moment they suffer from a psychiatric disability. The primary concern is that global communities have traditionally stigmatized individuals suffering from mental...
A Brief Company Background WHSmith is a British retailing company operating a chain of shops in the UK. However, the company also has operations in India, the Middle East, Australia, and South-East Asia (MarketLine 2014). WHSmith operations are divided into two business segments. The two are travel and high street....
Contemporary advertisement strategies are well-defined and are being used on a regular basis. They attempt to gain the customer’s attention and indirectly persuade clients to better perceive ads’ information. The appeals used in the advertisement “True Fruits – Awkward Eat Banana” are humorous and sexual (The Star Ads, 2019). This...
Introduction There are various scenarios that bring about ethical dilemmas within a contemporary business setting. The same is true in various levels of interactions in an organization. For example, the social and business interactions may lead to a number of ethical issues that need to be addressed. Each of these...
Introduction Firms aim at portraying a positive image through optimization of its capital structure which can be based on equity and debt proportions or total liabilities. The capital structure is crucial in enabling a firm to maximize its market value in totality. It stipulates the dividend policy which means that...
Calculation The values of operating leverage, return on investment, economic value added (EVA) and return on equity will be calculated. The calculations are presented below. 2013 (Millions) 2014 (Millions) Sales 146,917 144,077 Variable expenses 125,195 123,516 Fixed expenses 16,244 17,121 Total expenses 141,439 140,637 Operating income 5,478 3,440 Net income...
Introduction Since the era of the industrial revolution, technology has been playing an important role in continuous improvement of organizational performance. In the last three decades, information-based technology has become a major point of focus for small, medium and multinational organizations that seek to improve their competitiveness in the market...
Bureaucracies are seen as an ideal type of formal organization. Max Weber, who pioneered the field of sociology at the beginning of the 20th century, outlined the four key characteristics of bureaucracy. According to Weber (2015), a bureaucratic organization has a clear hierarchy of authority, division of labor, explicit rules...
Mission statement We are committed to grow and improve to make our clients happy. Our purpose We will do our best to ensure that our customers needs are met. Our main values Trust Customer Care Employee Development and Diversity Improvement Trust We understand how important it is that our customers...
Introduction Starbucks is the world’s largest coffee shop retail chain operator. It faces keen competition from Mc Donald’s Corporation and Dunkin’ Donuts Inc. in the coffee market of United States. Luxury end products are supplied by them. The spending habit among the target customer group towards loyal products provides competitive...
Introduction For any business the organizational set up plays a pivotal role in the growth of business. Limited liability of ownership is originally associated with corporate set ups; but the same features with some modifications have also been applied in limited liability partnerships. There are other positive and negative features...
Workplace bullying turns out to be a serious theme for discussion because of a variety of reasons, and one of them is its impact on people’s mental health. According to Forbes studies, the number of employees who report being bullied at work continues rising and has already achieved 94% in...
Chipotle Mexican Grill, Inc., also known as Chipotle, is an American restaurant chain primarily serving Mexican food. Chipotle is an example of a company that demonstrates corporate social responsibility and commitment to human and environmental causes. The company promotes human flourishing by serving “food with integrity,” as stated in its...
Introduction Improving the efficiency of covering new markets in a competitive and dynamic financial environment requires understanding the mechanism of interaction between formal and informal institutions as two closely related processes. However, despite their connection, they differ in unique and crucial criteria. Informal market institutions, for instance, economic mentality or...
The Stakeholders Sustainable manufacturing is a matter of paramount importance in the 21st century in the context of the clothing and footwear industries. Jiang (2019) writes that the popularity of high-end athletic shoes is on the increase, and industry leaders must respond to growing demand. Nevertheless, growing competition poses challenges...
Title of commercial online weight loss program The site is labeled simply “Nutrisystem” after the company of that name based in Horsham, PA. Nutrisystem Inc. started up operations in 1972 as a telephone and subsequently online counseling service for those wanting to lose weight. At last count (end-2008), Nutrisystem reported...
These emails are directed at buyers who have subscribed to the newsletter. Pyroplasmosis is an infectious disease triggered by a tick bite and leads to the loss of appetite, decreased energy, and other long-term effects on animals (Niu et al., 2017). This text attracts people who care about their pets,...
Introduction Managed Care in Veterans Affairs (VA) The role of Managed Care for Veterans Affairs is great due to the improvements implemented to manage the resources in this area properly. Escalating costs in community hospitals for people who are supposed to be treated in specialized Veterans Affairs hospitals can be...
A buyer persona can be defined as an image of a company’s ideal customer. An adequate and well-researched buyer persona is essential for target market identification. Besides, helping the customers evaluate the company’s services or goods on their own terms helps build a strong bond of trust with them (Buyer...
While taking into account the need to implement changes in the management of human resources in Emirates Airlines, the chosen intervention program was based on several steps: Communicating the goals of changes to subordinates was an integral attribute of a successful optimization project, and at general meetings, crucial information was...
Introduction The corona virus disease (COVID-19) pandemic has turned out to be an unprecedented humanitarian crisis that has affected the entire world. The current period is characterized by uncertainty, volatility, ambiguity, and complexity that call for a high-impact type of leadership. Leaders have learned how to manage the elements mentioned...
Introduction With a chain of scandals hitting the American corporate world, its image in the public’s eye was greatly tainted. Accordingly, the government had to take a step that would restore the confidence and integrity and put corporate America back on track. The best approach was through stricter measures to...
Occupational health and safety officers in many industries are usually very concerned with the exposure of the workforce to potentially harmful situations including radiation, repetitive motion injuries, toxic chemicals and industrial accidents. As one of these officers working in a paint manufacturing plant, I have been, for years, concerned about...
Introduction Ensuring organizational effectiveness is one of the central tasks that companies face in the realm of the global economy. Due to the tight competition observed in the global market, as well as the presence of large corporations that pose an immeasurable challenge to new entrants, it is crucial to...
The Most Important Competencies of a financial manager A financial manager understands the environment that he is an operation in and makes a decision with this in mind. The outside world affects the kind of decision that a manager makes at a certain particular time. The success of an organization...
Introduction In order to have a good information system (IS) its design should be carefully planned. In that regard, it can be stated that planning an information system starts with several important stages, among which is the identification of the IS mission and purpose, the identification of the users and...
The new product development (NPD) process is critical to the emergence of new companies and the growth of existing organizations. To rationalize this process and derive the highest possible benefit from it, businesses structure it into several discrete stages, such as idea generation, market analysis, product development, commercialization, and market...
Introduction This paper is an attempt to discuss the notions of trade-offs between working areas of logistics, the relationship between the selection of location networks and competitive advantage, and logistics value proposition within the broader framework of supply chain management. It starts by giving an idea of what supply chain...
Hospitality is a continuously growing industry, which only recreantly reached its peak. Such phenomena as democratization and mass tourism considerably propelled it (Vainikka, 2015). Thus, new processes, methods, and theoretical frameworks are applied in the industry, including strategic management, which has accumulated a considerable body of literature (Köseoglu et al.,...
Introduction Organizations can ensure the improvement of their performance through so many ways. One such way is through performance appraisal systems with appropriate tools depending on the sections targeted for improvement. This paper aims at evaluating a performance appraisal tool based on the following; the model, the advantages and disadvantages...
Trinity Industries is an industrial corporation that provides products and services for transportation, construction, and energy sectors. According to the official website of the corporation (Trinity Industries, n.d.), since November 1, 2018, Trinity Industries split up into two independent companies. Trinity focuses on the supply of railcar products and services,...
Introduction The need to rethink the approaches to logistics functioning under the pressure of the imperative to protect the environment and increase the social responsibility of business structures determines the relevance of studying the “green” vector of logistics transformation. Green logistics implies the concern for the environment; it links environmental...
Ethical Dilemmas Moral values are an integral part of any companys successful functioning. Both personal and corporate values affect the behavior of employees and, thus, the whole company (Doochin, 2010). The ethical dilemma is concerned with the issue of teamwork and could be described as ambiguity in managers’ attitudes towards...
The business sector is shifting towards prioritizing the embrace of inventory management systems for corporate tenacities. Optimizing a communal through inventory system is conceivable, as the approach empowers business entities to hold onto a specific operational level that eliminates the out-of-stock circumstances (Cholowicz & Orlowski, 2016). The inventories also support...
Introduction Corporate social responsibility is a concept that has gained massive popularity over the recent past as corporations try to give back to society. According to Hategan, Sirghi, Curea-Pitorac, and Hategan (2018), successful business entities have realized that they can achieve sustainable success if they have the support of the...
The Pareto principle is an essential phenomenon in inventory management. It is so because it allows companies to understand that various parts of their inventory deserve more attention because they are more significant than others (Nemtajela & Mbohwa, 2016). Jacobs and Chase (2014) explain that this principle is a basis...
Guidelines to follow during negotiations The basic ones include: First detach the people involved from the problem at hand, recognizing those negotiators are human beings with emotions, have diverse backgrounds and viewpoints, and strongly held values. Secondly, focus on the interests rather than the positions held by each party. Particularly...
Leadership is a significant concept in many spheres of life, and the military sector is not an exception. Leadership denotes actions that are taken to provide people with purpose, direction, and motivation to make them perform a specific task. Current security threats demonstrate that it is necessary to draw particular...
Root cause analysis (RCA) Root cause analysis refers to a method meant to determine the conditions that lead to an individual to experience feelings of emotional exhaustion, low feelings of accomplishment and depersonalization (Reason, 1997). Emotional exhaustion can be defined as the feeling of dullness that is experienced by an...
Wood kitchen industry had a strong revenue growth because of increasing growth in housing markets all over the world. Now imports have become the real threat for the wood kitchen industry. And the growth of this industry is purely dependent upon the housing market. (Wood kitchen cabinet and countertop manufacturing...
The classic clothing brand Marks & Spencer resisted for a long time to fully enter the modern digital world. Until recently, something from Marks & Spencer could only be bought in the store itself or on Amazon. A few years ago, the company finally created its website, which was the...
Businesses are interested in the most effective outcomes of their operations and desire to receive recognition and popularity on the market. For this reason, they learn to apply the concept of marketing and hire educated professionals who help them on this matter. Marketing is one of the most essential topics...
Smartphones are an integral part of any business owner’s work and many employees as it allows them to contact customers, colleagues, or suppliers quickly, control work processes, and solve problems. However, there is also the idea that the use of a smartphone blurs the line between work and personal life...
In general, employee turnover may be defined as the number of the organization’s members that leave it within a certain period. If a company has a high staff turnover rate, a substantial number of employees regularly quit their job. In turn, a low employee turnover rate implies the organization’s comparatively...
Background Information Hilton Hotels & Resorts is a global brand of luxury and full-service hotels operating in multiple countries around the globe. The company accounts for more than 215 thousand rooms in 85 countries and areas across six continents, including Australia. In Sydney, the Hilton Hotel is located on 488...
Executive Summary This report highlights some of the problems facing The Community Festival to warrant a need for change. The agency has poor and weak organizational structures, and this aspect is affecting the way it is run. The top management, including the supervisor and the Board of directors, has failed...
Compared to the company mentioned in the text, one of the best examples to oppose such demand elasticity might be Wal-Mart. The key reason for such comparison is the mogul retailer’s initial impact on smaller firms that get careworn under the influence of natural sales generated by Wal-Mart (Allgrunn &...
A keen commitment to identifying a strategic marketing concept based on an analysis of the current market environment led us to settle on the concept of selling second-hand items. These could include books and other materials with competitively tailored prices to enter the market. Specific target customer audiences were projected...
Introduction Corporate governance plays an important role in disciplining the management of the company like transparency in financial reporting and having robust internal controls. Enormous responsibilities like audit committee, a duty of the auditors and induction of non-executive directors to act independently have been inflicted on the management of the...
Gathering information about social media users, their preferences, demographic characteristics, and other features for advertising or maintaining competition is a natural phenomenon in today’s marketing environment. The more successful a website integrates targeted promotional materials, the more profits owners can generate. Regarding the ethics of this practice, the key issues...
Introduction Successful organizations have mastered the art of forming effective teams from groups. A team and a group differ in their purpose, structure, and function. A group encompasses a collection of people who come together to achieve a common goal. Responsibility and accountability are individual and there is only one...
The company’s problem in this particular scenario is twofold, as it combines business and ethical aspects simultaneously. From a business perspective, the company suffers from a high turnover rate, as its employees usually leave after six months to a year of employment. The main reason behind this tendency seems to...
Definition of a Cooperative Cooperation at the end of the 20th century is a widespread social phenomenon. It is the basis for creating enterprises and their associations as well as for the accomplishment of everyday tasks at the national and international levels, such as space exploration, environmental protection, etc. Cooperatives...
Numerous factors have all the power to influence the decision-making process of customers. While millions of people believe that the choices they make regarding different services or goods are rational, the reality is that individuals are driven by emotions determined by environmental factors. The first vital aspect relevant for the...
It is hard to disagree that leadership is a challenging and severe process that requires people to be strong, communicative, successful, creative, and influential. However, thanks to several methods and theories, being an effective leader may become more manageable. The purpose of this paper is to define leadership and non-sanctioned...
Summary The focus of this case was on a remote check-in service for airports, which was focused on applying the concept of lean philosophy to the customer experience. Examining the consumer experience in the context of lean philosophy, it was important to understand expectations, map the value stream, and create...
A strategy defines a company’s long-term business plan, which helps it execute its mandate based on prioritizing the goals and responsiveness to market demands. In essence, these tactics begin with a one-step identification of the market for a product in an industry. The company then begins to recognize the ways...
Introduction Justice and its relations in all aspects of society, including the behavior of individuals in organizations and all the consequences arising from this behavior, have recently attracted the attention of researchers. Justice has various forms and types of manifestation, and one of these forms is organizational justice. Observance of...
Every workplace has issues that can cause safety risks to the employees, equipment, and the product. Hazard can be defined as a potential for harm and encompasses “all aspects of technology or activity that produce risk” (Manuele, 2014, p. 169). Similarly, inactivity can also cause threats in the workplace environment...
Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) are the two primary accounting frameworks with core peculiarities. GAAP, which is accepted in the United States, presents accountants with a rules-based framework that allows them to operate under a strict code of conduct, which leaves little room for...
Introduction Analyzing political behavior and interactions is challenging for several reasons. First, the object of analysis is the complex relationships of entire groups of influential persons. Second, their position makes it extremely difficult to obtain information about their lives and the reasons for their actions. Often, companies do not reveal...
In his article, Peart (2019) explores the complex concept of workplace loyalty by comparing the Millennial generation to the generations that came before it. The author points out that contrary to popular belief, Millennials are not more prone to the so-called “job-hopping,” or the tendency to frequently change workplaces. The...
It seems reasonable to apply the following primary sources in this project – materials review and product experience. Such a choice was made because I have experience of using Amazon and that the company’s marketing significance is visible via its platforms and related reviews. Materials review reveals the following; the...
