11286 samples of this type
Although different companies select various pricing methods for their business, one general process is involved in establishing prices. The procedure includes eight steps: developing pricing objectives, the target market’s price evaluation, demand determination, analyzing demand, cost, and profit relationships, evaluation of competitors’ prices, selection of a pricing basis and strategy,...
Good leadership is a crucial skill that is always needed to make a difference. It has the capability of increasing an organization’s profitability well as positively impacting the lives of numerous individuals. Therefore, learning more about leadership makes a difference in individuals’ lives and helps them to impact other people’s...
Major Issues in the Case Study The merging of National Office Machines (NOM) from the United States and Nippon Cash Machines (NCM) from Japan brings two different cultures together with contrasting marketing strategies. The two significant problems that result from this partnership include: the problem of the ideal compensation plan...
Introduction The healthcare business has undergone significant transformations in the recent decade, not only in ideology but also in the implementation of the “Affordable Care Act.” Economic, financial, social, technical, legal, and ecological variables affect business planning. Patients, health, and preventive services are all things that Americans want to see...
The concept of an authentic leader is rather new and still in the process of development, but it already demonstrated its effectiveness and relevance in the modern world. This type of leadership appeared as a reaction to the unpredictable events, scandals, and fear of the dishonest managers and heads of...
Executive Summary The need to increase engagement in the company’s three branches in China, India, and the USA requires the organization’s HR departments to implement appropriate improvement solutions. Differences in cultural perceptions are constraints because a unified optimization strategy is not possible due to different views of employees on certain...
Introduction The underlying distinctions between the Anglo-American and German or Nordic labor systems and the many forms of capitalistic theory can be considered a substantial field of research. Economic historians aim to address the greatest financial regulations, their reliance on historical identity, and other variables that influence economic performance differences...
Introduction The International Paper (IP) is an American pulp and paper company, and it is the largest such company worldwide. The company is currently experiencing a decline in its business due to the global transition from paper products to digital media. However, IP has adapted technologically and financially to the...
A supervisor can be a leader, but a leader is not the same as a supervisor. These controversies are vital in many management discussions and debates. A leader is a person who has won recognition in some team and enjoys great prestige. Unlike leaders who focus on resources and organizational...
Kurt Lewin’s change theory model is based on a three-step process (unfreezing, changing, and refreshing) that provides an approach to improvement at a high level. Kurt Lewin has developed a theory that explains the mechanism behind the change. He argued that for people to change, they must move from their...
I am a public relations manager and a representative of Samsung. It is necessary to talk about a recent issue regarding our new line of Samsung Galaxy Note 7 smartphones. The aforementioned model are the latest in our Samsung Galaxy line, and the biggest technological leap we have made presently....
In business, there are various tools for assessing factors and effectively making decisions based on them. SOAR framework is one such approach that allows describing significant internal and external factors. Specifically, SOAR analysis includes strengths, opportunities, aspirations, and results. This framework can be used to assess individual factors that could...
Introduction The operation manager is a fundamental part of the managerial team that supervises high-level duties such as talent attraction, the establishment of training standards, the production of goods, and providing services. According to Akmal et al. (2022), operations manager analyzes and improves the organizational processes, while working on the...
Introduction The total process of controlling how resources are bought, maintained, and delivered to their eventual destination is logistics, and it is the main specialization of the shipping companies. United Parcel Service (UPS) is one of the biggest corporations in the United States delivery market, along with its main competitor,...
Steps in Building a Strategic Plan The first step in formulating a strategic plan for a healthcare organization is the identification of objectives. Objectives are necessary for an organization to keep track of its performance and progress in plan implementation. Even though objectives are laid out by the governing body,...
The company needs to improve its leadership qualities, without which the company cannot exist. Changes and improvements in the current situation can be traced to the example of Welch and his colossal work at GE. Thus, the first necessary change and one of the leadership concepts is the opposition of...
The current composition of the group lacks the necessary balance, as three of five animals — a donkey, a monkey, and a peacock display potentially disruptive behaviors. However, only an inspirational lion has the authority and power to rectify the situation, while a nice and loving cat is too busy...
Kantanen, K., Kaunonen, M., Helminen, M., & Suominen, T. (2017). Leadership and management competencies of head nurses and directors of nursing in Finnish social and health care. Journal of Research in Nursing, 22(3), 228–244. Web. The article is devoted to head nurses’ leadership and management competencies and directors of nursing...
A binomial tree is a financial tool that seeks to present a graphical representation of different intrinsic values that an underlying asset or option can take in different periods. The first general approach was developed in 1979 by Cox, Ross, and Rubinstein and has since become a popular method of...
There are several reasons why Apple decided to open its own retail stores all around the world, which now accounts for slightly more than 500 physical establishments (McCarthy, 2021). First of all, the company’s choice is explained by the desire to provide a better buying and product usage experience (Macaholic,...
The Company Amazon.com, Inc. is the e-commerce company chosen for this digital marketing acquisition, conversion, and retention strategy analysis. Amazon.com, Inc. is a multinational e-commerce company currently operating in multiple industries by offering e-commerce, cloud computing, artificial intelligence (AI), and digital streaming services (“What We Do,” 2022). The rationale for...
Influence of Personal Values and Servant Leadership on Individual and Group Behavior Personal values are significant in one’s life because they form the foundation of one’s beliefs and interaction with other people. Personal values tend to determine one’s perception of life and their reaction to various situations that one experience...
Introduction Organizational culture is a set of generally accepted, official norms, values, and behaviors in an organization or enterprise. Its main task is to achieve the intended goals and focus on a positive result. In brief, this term is usually understood as an expression of a company’s individuality and the...
Any company that establishes market dominance built on a single unique product is successful for as long as the market remains the same. However, markets can change quickly with demand for goods decreasing, prices for raw materials increasing, and new companies entering it. Therefore, brands should strive to live beyond...
The reviewed article entitled “Quality of service practices within the business market: An automotive industry experience” was written by Akbar et al. (2018). The article dwells on the way service quality is perceived by buyers with a focus on the automotive industry. The researchers implemented a qualitative study to explore...
Introduction The appearance of technological advancement has led to globalization, which has made the world a global village. Stiff competition in the market sector forces entrepreneurs to adopt strategies for trading internationally to achieve maximum returns. Project management is the application of financial and non-financial procedures, methods, skills, knowledge, and...
Introduction The Container Store was established in 1978 by Kip Tindell and Garett Boone. It started its main operation with the ultimate aim of offering a solutions-based approach to retail at its headquarters at Capell, Texas, with 49 locations across the country selling more than 10,000 products. This unique approach...
The movement of people by air has always brought enormous profits, not only to the countries to which people have flown for tourism purposes but also to the airlines themselves. This is why there are many air transport companies in the world. There is a lot of competition in this...
Company Profile and Campaign Domino’s Pizza Malaysia opened its first store in 1997 and has established itself as one of the leading pizza companies in Malaysia in terms of market share, technology adaption, and physical stores (Domino’s Pizza, n.d.; Yee, 2020). To date, they have opened over 240 physical stores...
Introduction Effective strategic leadership is one of the primary factors affecting the success of any company. Strategic leaders have multiple roles including, but not confined to defining the direction the company heads, setting, choosing the methods to achieve the established goals, and enabling the organization to change and evolve (Yukl,...
Endometriosis Fund of America is a nonprofit organization directed at combatting endometriosis. It is a disease affecting women, which expresses via the inappropriate growth of tissue that is typically found in uterus. Medical News Today is a publication by a health information company Healthline Media. Journalists of this organization convey...
Introduction In this case study, the Florida re-entry subdivision is analyzed as a whole entity that involves three main departments. Firstly, the recovery department is focused on prisoners’ spiritual health. (Florida Department of Corrections, n.d.). The main objectives are to positively influence the individuals’ world perception from an educational perspective...
Introduction A business report is a formal document designed to guide managers and policy-makers in organizations toward making informed decisions. As a result, business reports rely heavily on factual data and research resources to analyze concepts and provide practical recommendations to improve organizational processes. On that account, it is critical...
Introduction Corporate Diplomacy has created a dynamic social phenomenon, trying to consolidate inside the context of other relationships. Subfields such as foreign policy analysis and global political economy have gotten little attention in fields like corporate strategy and organizational design. The term diplomatic is often misused to describe the activities...
Introduction Effective leadership in any business organization guides followers to pursue their goals diligently, engage each other, and address most emerging challenges. Managers must establish a positive culture whereby workers can operate in teams and promote continuous innovation. Companies characterized by strong leadership practices find it easier to achieve their...
The brand is what differentiates a good or service from others. Thus, branding is implemented to distinguish something that one company offers from the same products produced by other entities. Having a solid brand facilitates high consumer loyalty, hence, profit (Keller, 1991). Since the provider of the goods is recognized...
Management discipline offers a myriad of ways to deal with problems within an organization. A keen manager will attest that not all problems are unique, and there exist repeating patterns in business, termed archetypes. A systems approach to problem-solving renders most workers inept at perceiving these patterns, which, if correctly...
Today’s communication is often built upon texting due to the high popularity of online contact. The LabSim platform provides advanced opportunities for communication through texting. The first reason this site was chosen is that it allows learning and communicate through video calls. This helps quickly solve the particular problem, which...
About Company Pepsi Co. is an international corporation that has distributed its products worldwide and gained recognition. They started producing and selling soft drinks that helped people survive the heat and served as an excellent addition to a delicious meal. The company also made snacks such as Lays, Doritos, and...
The project management office (PMO) presents one of the most important activities in management that focuses on providing directions, methodology, and training for project management. Furthermore, PMO is a critical factor in achieving project success as it improves the projects’ effectiveness through the active transfer of knowledge and experience and...
Introduction Unethical activities that people engage in while doing business transactions include lying, stealing, false impression, engaging in conflict of interest, unfair advantage, improper personal behavior, hiding information, allowing abuse, and condoning unethical actions. In most cases, people resolve to go contrary to their moral expectations when in dilemmas. However,...
In order for the hiring manager and the human resources (HR) manager to cooperate successfully, it will be crucial for them to build mutually positive relationships. The latter will provide the team with enough opportunities for data-driven analytics that could be utilized to innovate some of the processes across the...
Introduction Emotional intelligence is a vital skill that can be applied in a variety of situations, including conflict resolution and negotiation. However, as with any skill, not everyone possesses it, and people can develop it further by emulating a model of behavior provided by the leaders in their place of...
Introduction This proposal suggests launching a program in the online school to add foreign languages to the list of taught disciplines to attract new potential customers, expand business activity, and raise profits. The three years of the online school’s existence have demonstrated that, as a private educational organization, it has...
The method compares the cost of the total expected benefits from the project with the total costs of its implementation. The analysis has two goals: 1) at the project justification stage, determine whether the benefits from the project exceed the costs and, if they exceed, by how much; 2) create...
Introduction Microsoft Corporation is a global technology company headquartered in Redmond, Washington, specializing in developing and selling computer software, electrical goods, personal computers, and associated services. Microsoft’s mission is to empower every individual and organization on the globe to thrive, while its vision is to assist people and companies worldwide...
Introduction Acetone (CH3COCH3), commonly known as 2-propanone or dimethyl ketone, is an organic solvent with industrial and chemical applications and is the most fundamental of the aliphatic (fat-derived) ketones. Purified Acetone is a colorless, slightly fragrant, flammable, mobile liquid that boils at 56.2 °C (133 °F). Many fats and resins,...
The environment in which the sales of computers operate has characteristics of perfectly competitive and monopolistic markets. Due to the enormous variety of price ranges, performance capabilities, and other factors, hundreds of firms are able to compete and observe profits. However, it is also undeniable that a select group of...
Numerous organizations worldwide vary in many aspects, including the way every entity treats its employees, clients, and other stakeholders. Whether leaders respect or neglect the interests of each party involved in a firm’s life depends on such elements as the vision and mission statements and the establishment’s worldview perspective. An...
Summaries of Existing Research The issue of employment discrimination and specifically discrimination in recruitment has been discussed by many scholars and academics in recent years. This literature review will present, summarize, and compare important findings from a number of such works. Adamovic (2020) conducted a research with a purpose of...
Introduction It is important to note that product assessments and subsequent marketing processes are heavily reliant on one’s ability to utilize a wide range of available tools to create an in-depth, comprehensive understanding of the prospects. The most critical and foundational concepts include the strategic planning process, SWOT, market segmenting,...
The changing of a business firm refers to a process in which legal structures of a firm may be modified. Currently, the most common forms include partnerships, corporations, sole proprietorships, or limited liability companies. Each form has a set of benefits as well as drawbacks. Changes in business form do...
One of the many effects of globalization on the business world is the intensification of competition. Initially, companies competed nationally or regionally, with some enjoying immense control over their local markets. Attracting and retaining talents is one way that businesses employ to seek competitive advantages. However, not all the workstation...
The Brief History Bvlgari is an Italian brand with Greek origins that has captivated the world. The company’s founder, Sotirios Bulgari, was born in 1857 in a small village in the Pindus mountains in northern Greece. For generations, the area was renowned for the art of silversmithing and craftsmanship that...
In the day and age of the rise of information technology, social media serves as a powerful tool for communication for people in all areas of life. Work is no exception: many employees use social media during work to collaborate, share information, and search for solutions to problems. Bizzi (2018)...
Introduction Michael Porter’s technique for competitive advantage evaluates the five forces for competitive strengths and positions of a business in its environment. The five forces include supplier power which assesses the ease of merchants to drive prices down. Supplier power is determined by the uniqueness of products, relative size, and...
Because the workplace is based on the relationship between employees, many different problems may arise. One of them that I expect to meet in the future may be discrimination. Despite the fact that movements to achieve equality in such aspects as gender and race are of considerable importance in the...
A high-performing team is a group whose members are deeply committed to each other’s personal growth and success. It far exceeds not only all other teams but all reasonable expectations, given the abilities of its members. Participants of such a team have a heightened sense of responsibility for doing teamwork....
Introduction Customers have more options when it comes to where they purchase products and services in the more competitive marketplace. For an organization to attain its targets, it should initially discover what shoppers desire and then select the ideal approach to meet their demands and preferences. It might be challenging...
Introduction Gusto 54 is a Global Restaurant Group (GRG) that has several restaurants across the country. Its story begins with Janet Zuccarini, whose Italian father, an award-winning chef, carried on his dishes to her German mother (Harris, 2018). Specifically, his spaghetti and tomato sauce were famous among Zucarrini’s acquaintances (Harris,...
Introduction Effective leadership includes achieving the organization’s goal and setting its tone and culture, planning and implementing strategies, acquiring resources, and recognizing and resolving conflicts (Fatien & Nizet, 2019). Leaders build employees’ strengths, talents and nature dedicated teams for a mutual benefit. Companies and other institutions all around the world...
Amazon.com, Inc. is one of the largest businesses in the world, created by billionaire Jeff Bezos. The company is known for its innovative approach to retail stores, which gave it an outstanding competitive advantage. However, internal issues may eventually prevent the firm from growing if left unattended. Amazon workers have...
This is a pitch about an online reselling business that focuses on providing clients with items and materials such as clothes and bags. Online Reselling Business The focus of the pitch is to present a business idea for my online reselling business. The name of the business is Door-step online...
Introduction Steve Jobs, the founder of the world-famous Apple company, has become a symbol of everything advanced in the field of IT and an example of a person who built a sizeable profitable business from scratch. Steve Jobs moved into a little-studied field through trial and error, searching for perfection....
Pizza Hut uses a price skimming policy to vary their prices and make them flexible. It might be appropriate to say that their pricing is one of the most flexible in the pizza market. In addition, Pizza Hut offers combined sets, where you can get a dessert or other tasty...
Before getting to the customers, the product usually goes a long way – the supply chain, which includes various components. It affects the organization’s profitability and is sensitive to multiple influence factors. McDonald’s is one of the world’s most famous fast-food restaurant chains, which is a sign of careful supply...
Modern society, having a highly developed system of commodity-money relations, is experiencing an ever-increasing need for specialists who perform accounting work. A person in this profession is not just an employee in the financial department of an enterprise or organization. This is one of the most important elements that allow...
Executive Summary Mission Statement Moo Boutique’s mission is to create farmhouse-style crafts, eccentric gifts, holiday décor, repurpose furniture, and love all things vintage. Objectives Moo Boutique strives to create things that add a unique value to one’s Interior and holiday decorations. This is done in an ethical and sustainable manner...
Introduction Walmart is one of the largest and most well-known organizations in the retail industry. During the last several years, this company has become a good example of creating high-quality services, maintaining competitive advantage, and promoting efficient leadership in various directions. At this moment, Walmart has to deal with different...
Summary It is hard to disagree that many people enjoy drinking coffee outside. One of the most famous companies offering such a service is Starbucks – an international and highly respected retail coffee and snacks store chain that provides people with high-quality goods and services. Despite the popularity of Starbucks,...
Executive Summary The advent of social media has necessitated the development of digital marketing plans. Having been in operation for many years, companies such as Optifast could take use of the digital marketing space by developing appropriate plans. As a weight loss management program, Optifast is tailored-made to all overly...
In my experience, leadership, power dynamics, and conflict resolution are aspects that are highly influential and prominent in every society. Therefore, they affect practically every element of a person’s life. In my experience, leadership and power dynamics come from studying and working. While thinking about the connections that I have...
Introduction The globalizing world is compelling companies to identify and implement evidence-based approaches that have the potential to maximize organizational efficiency. Firms need to rely on this knowledge to transform their managerial and human resources (HR) practices to ensure that they remain sustainable. In the international market, organizations tend to...
The Amazon company effectively manages logistics and the supply chain. It offers a fast and organized way to store and deliver products. Sellers using Amazon services receive solutions for storing and tracking their goods. Buyers, in turn, receive the ordered item quickly, with the opportunity to monitor the purchase movement....
Introduction Decision-making is a critical process that defines a company’s success or failure. According to Bang et al. (2017), it refers to the practice of making choices through identifying pertinent decisions, gathering data, and appraising alternative resolutions. In this regard, Nick Swinmurn’s executive decision to resign from his job and...
Introduction Leadership is a unique position within a social group that involves influencing other individuals to achieve goals. Leaders have always existed both in the animal world and in human society. Plato already asked questions about leadership emergence, and other researchers have repeatedly addressed this issue. The central conflict among...
Introduction What does it take to be a successful entrepreneur? The answer to this question is proper decision making and performance of the business contributed by the entrepreneur determine the prosperity of the business. Decision-making goes hand in hand with performance in the business. The performance of the business is...
Introduction The three companies selected that use information systems include Walmart, Netflix, and Apple. At first, Apple used the supplier information system (SIM). The SIM is a database system deployed by the organization to collect, store, assess, and control its supplier data in a unionized locality (Reardon et al. 2021,...
Introduction Statistical principles are key in any organization as they help when making decisions. Businesses are able to compute, analyze and interpret data numerically relating to their performance. It is through data analysis that an organization can identify trends in their business performance hence making a rational decision on how...
A successful retreat must not only be educational, but also entertaining and well-planned. The most effective kind of retreat is one that combines work and leisure instead of focusing on just one of the two aspects (Malvicini & Serrat, 2017). It is difficult to evaluate how effective a team-building exercise...
One of the last conflicts that occurred at work was a dispute with a colleague regarding the fact that I noticed how he did not fulfil a number of his duties. The conflict arose on this basis, which led to the fact that all employees had a minor deduction from...
Introduction My company is Master Designs, and my product is spray painting. I offer various spray painting services, including home decorations, house painting, office painting, and other related services. Mission Statement “To quality and affordable services according to the customers’ preferences.” SWOT analysis Strengths Uniqueness: I offer unique services based...
There are two essential reasons why applicant reactions should be considered in the process of selection. The primary reason that cannot be overlooked is the need to give applicants all the reasons and opportunities to perform to appeal to the employer. According to Woods et al. (2020), this is a...
Uber is one of the most notable technology start-ups from Silicon Valley, which has earned global recognition and is used by millions of people around the world. Uber revolutionized and industry in the sphere of ride-sharing and caused many traditional types of businesses, such as taxi, to lose their clients...
The organization of business strategies in Microsoft concerns diversification and a vertically integrated approach. They offer a wide range of products, and each of these products has a competitor in its field. To stand out among its completion, Microsoft has to rely on the quality of their product and further...
Data play an essential role in the present stage of the development of society and human activities. Therefore, the more global a business is, the more seriously it should treat extensive data management. In particular, this aspect affects the process of making informed and thoughtful decisions. Consequently, this scientific paper...
As the completed SWOT and Porter analyses demonstrated, the MAC University Library has significant internal weaknesses and external threats that might hinder its competitive advantage in the market and reduce its value compared to rivals. To address these drawbacks and risks, the library should use its strengths and opportunities and...
Introduction The success of a business depends on the type of leadership employed by the management. An effective leadership model motivates the employees and creates a conducive environment to develop their abilities and become competent. Additionally, constructive leadership fosters friendly relations between the management and the workforce, promoting employee engagement...
Introduction Multinational companies struggle to dominate the sales market and capture new economic niches. Such struggles are justified by the desire to gain consumer appreciation, improve sales and audience reach, and, most importantly, increase profits. To achieve these goals, companies use a variety of marketing strategies and business plans and...
Market Research Health Trends in 2022 In order to create the most effective app in healthcare, it is necessary to monitor trends in this area and implement them. Moving with the times, it will be possible to offer users an up-to-date product for an extended period. Data analysis. An extensive...
One of the challenges for the HR department in the future will be the provision of flexible work arrangements. After the beginning of the pandemic, it has become clear that a hybrid workplace is key for organizations to ensure continued operations in the midst of challenges. Employees are now aware...
Introduction The Malcolm Baldrige Prize is an award created by the United States Legislature in 1987 to enhance top-notch administration consciousness and to honor firms in the United States that have successfully integrated continuous improvement. The Presidential Medal of Freedom is the country’s highest distinction for outstanding accomplishment. Baldrige assists...
To best understand how the structure of a business letter is built, it is necessary to study examples that are the basis of high-quality communication in this area. In this assignment, the letter is a text that aims to create a foundation for cooperation between the two companies. This business...
As the companies in question, the Target Corporation and the Walmart Corporation, are involved, and their income statements and balance sheets are analyzed. Relevant income indicators are displayed for both companies, which makes their reports similar. However, Target summarizes the information in a more concise form (charts and graphs) (“2020...
Introduction Thank you everyone for coming to this workshop. Today we are going to learn about the role of power in solving conflicts in a workplace. Conflicts are common in a workplace and they occur do to various factors including poor management, lack of communication, conflict of interest and conflicting...
Background The Lego Group is a Danish toy producer best known for its Lego brand of interlocking plastic brick toys. The corporation was established in 1932 and is headquartered in Bilund, Denmark. As of 2018, it employed more than 19,000 people (Zou, 2022). Lego sets are essentially toys that can...
Introduction Merit pay is a sort of remuneration used by businesses to reward high-performing staff with continuing bonuses. This performance-based compensation system rewards for employees who execute their tasks efficiently based on easily measurable criteria. Even though the method is most commonly employed in government civil service, it has primarily...
Introduction Bureaucracy is a phrase used to describe a large, multi-layered corporation. Decision-making is slowed down by the structures and procedures that have been implemented, which are made to keep matters consistent and under control (Suzuki and Hur, 2020). Assuming that people always act following their own best interests, the...
Starbucks is the biggest coffee outlet in the world. The company was founded by Gordon Bowker, Zev Siegel, and Jerry Baldwin. Later on, Howard Schultz joined the company, and he took charge of the company’s marketing department. Under his leadership, Starbucks became the largest coffee retail outlet globally. Since 1987,...
Microsoft’s organizational structure is based on product type, engineering groups, and functions. Despite its scaling and becoming more hierarchical over time, the corporation has maintained its hybrid approach to work between management, engineering groups, and functions, allowing it to have both functional and geographic division organizational forms (Cuefano, 2021). Due...
Canada is a multi-ethnic and cultural country with many possibilities for everyone willing to work hard enough for the prospect. This country has become home to millions of immigrants who came here for a better life (Patel et al., 2019). The proximity between cultures of different countries has a beneficial...
There are many forms of employment prejudice. Race and color discrimination occurs when a person is denied an equal job opportunity because they are of a certain race or possess personal traits related to a specific race, such as hair texture and facial features (Reskin, 2018). Discrimination based on color...
Customer satisfaction and regular visits are fundamental to the restaurant business. Direct contact with the audience will ensure long-term client loyalty and improve the quality of service by motivating the staff. The value of Restaurant Portobancos can be rated according to criteria: service, menu, and overall atmosphere. It is essential...
Organizational culture has a significant influence on people and administrative processes. Culture forces people to think, act, and act as it requires. For example, if an organization focuses on the quality of products and services, much attention will be paid to the convenience of customers, meeting their requirements, and even...
The present article dwells on today’s increasing demand for electric cars in the market as a response to the ongoing gas price increase and uncertainty surrounding gas supply to the US from Russia due to the recent Russian invasion of Ukraine and sanctions related. In the article, the author addresses...
Nowadays, with the tempo of life constantly increasing, many people tend to feel frustration and disappointment at a workplace if the goals they envisaged cannot be fulfilled in a short time. People increasingly feel as if they are owned something and the inability to get this breeds envy and resentment...
Introduction It is important to note that the modern transformative changes in the economy did not leave the labor market unaffected. The global rise of the gig economy presents a new and massive opportunity for businesses and freelancers to create a highly efficient on-demand workforce. Therefore, the main facilitator of...
Introduction Amazon is an American technology corporation that operates in different countries around the globe. Its business line encompasses cloud computing, ecommerce, artificial intelligence, and digital streaming. Currently, its brand is well known in the market following the nature of its services to the customers. The company is consumer-centric, and...
Acceptance and respect are part of the diversity idea; it means accepting the fact that everyone of us is unique and appreciating our uniqueness. These can be along racial, ethnic, gender, sexual preference, social class, age, physical ability, religious, political, or other ideology lines. It is also about examining these...
The concept of personal selling and the process of implementing it is fundamental in the context of a job search. There are six stages involved in the personal selling process: prospecting, approach, approach, presentation, close, and follow-up (Kotler et al., 2020). Based on my recent job search experience where I...
Plain language is commonly used by business executives and entrepreneurs to communicate internally and with stakeholders, to ensure that information is relevant, and to assure employees that the organization’s choices are genuine and founded on evidence rather than preconceptions. While keeping a conversational tone, plain language helps clarify and explain...
Introduction COVID-19 has substantially altered how people worldwide perform various daily activities. The sudden changes have led to multiple issues and chaos in a number of spheres. At the same time, millions of workers worldwide have discovered the numerous opportunities that telework provides. For instance, Nakrošienė, Bučiūnienė, and Goštautaitė (2019,...
Brief Summary of Two Organizations The two organizations were selected in Oklahoma; they create local, sustainable solutions, namely Oklahoma Sustainability Network (OSN) and the Nature Conservancy (TNC). The Oklahoma Sustainability Network connects and educates Oklahoma’s citizens about the various facets of sustainability. This organization serves as a catalyst and platform...
Introduction The amphibious car project by Tesla Motors offers several advantages to investors and the general public. Firstly, investors might capitalize on the expansion to the new branch of the market. Tesla has already established an image as a market pioneer, and another ambitious undertaking would further reinforce it. Secondly,...
Introduction The company headquarters are in Winona, Minnesota. The company serves both the retail and wholesale markets in the United States and Canada. Fastenal’s founder, Bib Kierlin mainly specialized in purchasing construction materials and distributing them to his suppliers. The company did not manufacture its products. Due to the dynamics...
Introduction Recreational therapy provides a wide range of beneficial effects on both the physical and emotional health of a patient (“How can recreational therapy benefit your health?” n.d.). This is especially relevant when the therapy is tailored to their own interests and requirements. Many therapeutic leisure programs promote a person’s...
Manufacturing and selling a product that causes serious health consequences may bring various ethical questions. In Cipollone v. Liggett Group, Inc. 505 U.S. 504 (1992), the court addressed the plaintiff’s complaint, which alleged that cigarette manufacturers (the defendant) were responsible for the death of his mother, a smoker of 42...
Outcome management is one of the most effective forms of management, which is easy to apply and hard to execute since it requires honesty and working to the limit. In this situation, the application of features of outcome management can be detrimental to the company. At a critical moment, the...
One of the traits that remains outstanding throughout the video is that employees motivation is vital in enhancing the productivity of any organization. In other words, if employees are well encouraged, they tend to be more productive, and the organization receives more feedback and positive reviews, which translates into increased...
Businesses are a cornerstone of localized communities in a challenging socio-economic situation. The restaurant business promotes regional employment development, benefits local farmers as their agricultural products are purchased, and retains customer money in the neighborhood. This is a business plan for a restaurant preparing and serving meals and beverages to...
A criterion refers to the standards against which people or things will be measured. According to Sanders et al., 2021, a criterion is a set of skills, abilities, knowledge, and experience required for the job in employment selection. For example, it is best to do a job analysis when hiring...
In his lecture What is an Organization’s Culture, professor Christensen presented the views of a number of prominent researchers in organizational culture (Edgar Schein, Modesto Maidique) on the definition, genesis, and development of this concept. Based on Edgar Schein’s works, the lecturer defined organizational culture as a social unit “whose...
In the business world, it is necessary to secure an advantage as soon as possible. Many organizations and entities are working in order to derive a profit, competing in a global market. In such an environment, it becomes vital that organizations are able to adapt to the actions of others,...
Many factors contribute to a company’s success, even if a well-engaged workforce is not the only one that matters. A well-defined organizational structure can help better understand and handle human resource challenges such as management authority. The organizational framework establishes the formal reporting relationships that control the organization’s workflow and...
Introduction Johnson & Johnson is suggested to buy ASAKA Inc., which is the company working on AI specifically for healthcare providers. The healthcare industry has been developing rapidly in recent years. As Johnson & Johnson succeeded in its expansion on the market, buying other healthcare-related companies, it is wise to...
Introduction Federal Express Corporation is a company that provides delivery services to customers in different parts globally. Since being founded in 1973, it has expanded both infrastructurally and marketwise to a point that it is targeting to use technological innovations such as bots to deliver packages. With continuous integration of...
Summary Personal interest and greed make most accountants alter a company’s financial statements to hide its actual profits. The hidden profits all go to a few men’s pockets instead of the company’s shareholders and members. Most accountants can either overstate the revenues or fail to record some of the expenses...
Social networks are becoming increasingly important in promoting websites and brands, as well as in the field of large-scale advertising campaigns. The popularity of social networks inspires manufacturers of various products and contributes to the emergence of new projects and large-scale advertising campaigns. For example, Visa has created its business...
The primary aim of many nonprofit organizations is usually to help those in need, which can only be achieved with the fruitful cooperation of the board and CEOs. In other words, it seems vital to achieve collaboration that focuses on reaching the same goals, and where every member shares the...
Virtue ethics is a general classification for ideas that emphasize the significance of personality and virtue rather than fulfilling one’s duty or acting to get successful outcomes. Most virtue ethics ideas are based on Aristotle’s definition of an ethical person as someone with perfect personality characteristics. This philosophical approach could...
Introduction Puma SE is a German corporation that manufactures casual and athletic apparel and footwear. With $6.8 billion in revenue and more than 16 thousand employees, the company is the third-largest sports brand worldwide (Puma, 2022). Significant challenges, such as the COVID-19 pandemic, and economic and environmental issues, enabled Puma...
The Boston Consulting Group (BCG) published its ranking of the most innovative companies of 2021. The first line was taken by Apple, with Alphabet, Amazon, Microsoft, and Tesla also in the top five (Steers, 2021). The 6th position goes to Samsung; IBM Corporation takes the 7th place, and Chinese ICT...
Businesses operating in today’s global market have no choice but to implement cutting-edge innovations to maintain their relevance, fulfill the requirements of their customers, and maximize income. The usage of physical cards as a check-in technique for establishments of commerce and other types of buildings is rapidly becoming outmoded. The...
Each company has several leaders who are responsible for their respective areas of expertise. For instance, a chief information officer is tasked with managing IT staff, developing department goals, overseeing the IT budget, maintaining IT systems, and managing the organization’s software development needs. A chief privacy officer is responsible for...
Introduction Over the last decades, the issue of ethical business performance has been widely discussed among individuals highlighting the importance of including moral actions, respect, and trust in everyday life of corporations. Whilst some firms keep performing in an aggressive manner, being focused on goal achievement, other companies develop their...
Introduction It is important to note that leadership is a unique, complex, and intricate subject, which requires a comprehensive understanding of both conceptual as well as practical frameworks. The central quote for the given assessment is the following: “understanding leadership in early childhood has been plagued by its confusion with...
In the heyday of information technology, people utilize it to help them with anything, doing business included. Ferrel notes that there is a term for that – e-business, which means running traditional business and achieving its goals with the help of the Internet (403). In its turn, people use the...
Introduction The rate at which HP’s revenue was from 15.3% to $16.4 billion made the HP Company; Hewlett-Packard, recognized as one of the best in that industry when John Young was the manager. By 1992, the company was ranked the best in office and computer equipment compared to apple, DEC,...
Introduction Any business has goals and objectives that must be carried out as efficiently as possible. However, the main resource of entrepreneurship is the specialists who do the work. To achieve high results, employees must perform the necessary functions with high quality and competence. It is necessary to consider this...
Steps of Resolving a Conflict Conflict management is not yet its resolution since the main structural components of the conflict remain. However, all regulatory actions are either prerequisites for conflict resolution or the actual moments of this process. Conflict resolution is in its final stage. In all the various forms,...
The alignment problem when applying AI in marketing occurs when managers ask question that does not align with the set objectives. Telecom firms embark on marketing campaigns to retain customers based on the data collected from the market. However, the problem is when the managers fail to deliberate well about...
Company Manager, 132 Tamale Drive, Los Angeles, California. 21 April 2022 Dr. Shannon Production Representative Gemmy Inc. 844 Gemmy Street Miami, Florida 3434. Dear Shannon, Punctuality is important for several reasons. First, it helps ensure that projects are completed on time. Second, it allows managers to more effectively plan their...
Introduction It is important to note that effective leadership requires a specific set of behaviors and actions, which are rooted in foundational qualities of honesty and ambition. Although there is a wide range of different leadership styles with a correspondingly divergent emphasis on some points of focus, they all rely...
There are various strategies and supports that may be used to complement, improve, and enhance the quality of health and wellness in the workplace. The concept of resilience is currently gaining popularity in business research. It is defined as the professional ability to “withstand, recover and grow in the face...
Caterpillar Inc.’s Short Term and Long-Term Goals Caterpillar Incorporation Group acts like any other blooming firm and adopts short and long-term objectives to steer its advancement. Caterpillar’s long-term objective is economic prosperity, which will enable the firm to put more money into new goods and services while maintaining its worldwide...
Impact of Counterfeiting Practice on National Brand Manufacturers The counterfeit practice affects national brand manufacturers in numerous ways. Firstly, counterfeiting can cause a loss of revenue for the copied brands (Song et al. 2). Consumers may purchase a product perceived to be produced by a certain brand. Therefore, the original...
Elon Musk was born on 28th June 1871 in Pretoria, South Africa. He has founded and cofounded some of the most renowned corporations globally, including Tesla Motors Corporation, Space Exploration Technologies, commonly known as SpaceX, and SolarCity. Elon Musk has led these organizations correctly and made them successful. He believes...
It seems that in this day and age it is meaningless to avoid using social media as a tool for business promotion and interaction with customers. However, there are still organizations that do not want to embrace social media and the opportunities it grants. One of the main reasons for...
Scenario Statement Vibe Trend (VT) is a music production company that faced the issue of inadequate diversity and inclusion efforts. VT has a monolithic workforce structure — the company seemingly has only white males in its staff. Meanwhile, the issue of diversity has shifted from the ethical to business sphere,...
Decision-making in the case of Metabical depends directly on the manufacturer’s performance, Cambridge Sciences Pharmaceuticals, and the FDA with clearance, including detailed profitability and cost-benefit analysis from Barbara Printup. Stakeholders include consumers, investors, and company management. The high quality of the product will be confirmed by the FDA and the...
