The Role of Investing in Personal Financial Planning

Personal financial planning incorporates several important steps, which separately and mutually predetermine the success of the venture. First of all, one should determine the current economic situation and set financial goals. Next, it is necessary to identify alternative courses of action and evaluate them carefully. Further, it is crucial to...

Oil Extraction as an Ethical Dilemma

Nowadays, oil extraction and exportation has become a significant factor for the wealth of the world community and the economic situation of a particular petroleum-exporting nation. Recently, the amount of oil extracted has increased greatly and its use has expanded, too. For example, in 2018, the Oil Fund of Norway...

Team Building and Development in an Organization

Abstract This paper explores how team building and development is tied to the overall study of organizational behavior. The theories that sandwich motivation are also evaluated to understand the mechanisms through which organizations should put in place to ensure a work force that is motivated and satisfied. In respect to...

Chinese Companies and Globalization Issues

Introduction In the past few decades, there has been a rapid growth of a global market. Organizations all over the world became multinational institutions and displayed an impressive success due to that change. Chinese companies follow this trend, although their achievement on a global scale could not be viewed as...

BabyCenter: Analysis of the Power of Online Influencers

The task of marketing appears to have evolved tremendously from the basic process of making a product recognizable to the process of helping customers to relate to the brand on a deeply emotional level. The described situation applies fully to the progress made by BabyCenter since the organization has developed...

Sexual Harassment Problem Analysis

Nowadays, sexual harassment is a burning issue, and it is largely discussed in society. As far as I understand it, sexual harassment is a type of inappropriate behavior in society, when a person gives someone hints with a sexual overtone or expresses their sexual desires explicitly. Gutek (2015) defines sexual...

Organizational Behavior Practical Application Field

Organizational behavior is a science that studies the behavior of people (individuals and groups) in organizations. Its aim is the practical use of knowledge to improve the efficiency of a person’s labor activity (Reeve Bunn, 2013). Human behavior at work is much more complex and varied than is suggested by...

Market Value: Microsoft vs. Alphabet

Financial analysis in both investment and corporate finance fields is conducted primarily to analyze available data and monitor an organization’s performance. The quantitative method to assess the operational efficiency, liquidity, and profitability of the company is known as ratio analysis. In their turn, analysts compare ratios of a particular enterprise...

Airline Fuel Hedging Programs

Summary Overview The three airline companies in the articles face challenges concerning the logistics of fuel; thus, they focus on the use of fuel hedging programs. It is documented that Southwest Airlines has been posting impressive results. Fuel contract issues made the firm record losses in its third and quarter...

Work Experience of Leaders, Followers, and Teams

Introduction My experience as a follower came when working with Miwani distributors which a company responsible for distributing soft drinks. I happened to be one of those responsible of packing soft drinks and ensuring that stores were ever in good condition. In this position, I happen to experience numerous challenges...

Partner Collaboration Barriers and Their Overcoming

Every partnership may or may not experience emergence of barriers that prevent organizations from collaborating with partners or receiving important grants. The barriers are a serious problem for business relationships as well as for the organizations’ clients. In this paper, the obstacles that may negatively influence Indian Creek Foundation will...

Boeing: Corporate Management Planning

Introduction Sound management is crucial to the good performance and survival of all corporate entities of any size. It is even more important especially for companies that operate on a global scale (McDaniel & Gitman, 2008, p. 215). Management entails among other perspectives the coordination and allocation of the resources...

Evaluation and Control Procedures

Planning is a mental process that requires the use of intellectual faculties, foresight, and sound judgment. Strategic planning entails putting forward ideas that form a comprehensive and integrated plan that gives an advantage to the company against environmental challenges. The process of planning consists of various procedures. The first step...

BMW Automobiles: Case Study

Main trends are identifiable in the business environment Despite the information provided being limited, there is a clear indication that the industry is mature and competition is fierce. This is more especially in relation to price save for companies which have managed to achieve product differentiation. BMW’s industry is one...

Leadership in Nonprofit Organizations

Leadership is essentially crucial in the growth of any organization whether it may be a big profit corporation or a non-profit organization. The development of leaders in the ranks of a company is important because leaders help achieve the goals of the company by exercising their powers and spears of...

Strategic Planning for Collegiate Athletics

Yow (2000) states that planning in sports entails goal identification, analyzing one’s environment, and choosing actions that will assist the athletes in meeting their objectives. It must also involve giving feedback on results. These aspects are vital because the sports administrator, coach, or team leader will get successful results if...

The Kitchener Rangers Hockey Club’s Performance

The Kitchener Rangers are a major junior ice hockey team from Ontario. They play in the Ontario Hockey League. In the paper, The Kitchener Rangers Hockey Club: Skating Into The Future, Schnarr, Krizmanich, and Lee are focused on the structure of The Kitchener Rangers hockey club with paying a lot...

Apple’s Reputation Regarding Ethical and Social Responsibility

Introduction Apple has been embroiled in issues related to the company’s ethical and social responsibilities. Recent reports about inefficiencies and suppliers’ non-compliance with the ethics and social responsibility code has raised a lot of public attention (Chen, 2013). While the media has been putting Apple on the spotlight, legal experts...

Joy Daycare Marketing Plan

Joy Daycare is a recently established business that has been in existence for six months. The center offers full and part time day care services for toddlers between the ages of three to five years. In addition, the center has modern child development facilities to ensure that toddlers grow up...

Anheuser-Busch InBev: International Marketing for Success

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

Lulu.com as a Management Information System

Summary Lulu.com, founded by Bob Young in 2002 in Triangle Research Park in North Carolina, is a very significant name in the Print on Demand industry (POD). The founder of Lulu.com wanted to expand the name of the company to make it something beyond a Print on Demand Company. He...

Las Vegas Sands Corp.’s & MGM Las Vegas’ Culture Vision and Mission

Companies working in the hospitality industry face the need to develop their own vision of their mission, and to express it in their Vision and Mission Statements. The success of any particular company in this area depends on how wise and well-thought-of these statements along with their implementation to life...

Commercial Project Management: The Project Heart of the City

Introduction Remarkably, Sheffield’s city center has been tremendously changed for the past several years. The attraction of foreign investors rose and the investment paid for itself. Speaking of the investments and profits, it is necessary to say that traveling and sightseeing are nowadays one of the most prestigious and profitable...

Decisions of BP in 2010 Deepwater Horizon Oil Spill

Introduction Good management is vital in any organization if it is to realize its set objectives. An ideal management system is characterized by good planning, organization, directing, staffing and controlling. If there is a failure in any of these components, an organization is bound to fail. This paper seeks to...

Four Employees Stages in Career Development

Employees develop their knowledge, courage, and experiences through working within a profession. Essentially, the development of employees within their professions undergoes various forms of manipulations depending on the level of experiences. Researchers present four stages which employees undergo during their transformation in an organization (Noe, 2010). The four career stages...

Wonderful Widget: Procurement Outsourcing Strategies

Introduction A company has to decide on the approach to use when producing goods for the market. Functional management in an organization ensures that a business has the best option for goods and services production. The following paper indulges on various approaches that Wonderful Widget Company can use in the...

Coca-Cola Company Analysis and Success Story

Introduction Coco-cola in the current age has been synonymous with soft drinks, and they provide much enjoyment and freshness for people during leisure hours. The various enchanted experiences by the individuals had made the drink a universal brand among the soft drink industry. The coca-cola belongs to an iconic category,...

Discrimination and Affirmative Action in Wal-Mart

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

DataClear Company Analysis: Global Market Position

Short Term and Long Term Issues Having been one of the pioneer companies in data processing, the DataClear Company was a real need in the world of software about ten years ago. The company experienced its ups and downs knowing exactly what the users wanted at the specific tie of...

Contemporary Theories on Leadership

General trait theory and grand person theory According to Trait theory, there are various characteristics that distinguish between leaders and followers. These characteristics are innate, that is, people are born with them and as a result, there are those people that are born leaders while others are born followers. Regarding...

Marketing Strategy for Lifeway Foods, Inc.

Introduction Lifeway Foods, Inc. is a US-based company founded in 1986, which is considered one of the country’s leading manufacturers of kefir – a “creamy probiotic dairy beverage” (Lifeway 2010). Located in the US, Lifeway is considering an opportunity to expand internationally with their product into the Chinese market at...

Channels and Intermediaries in Marketing

The marketing plan of the company will involve direct contact between our official representatives and the clients since we provide a service. And this service is such that we collaborate with different suppliers to provide us with office use materials, equipment, and furniture which can be effectively designed for a...

Factors That Affect Variation in Supply Chain Networks

The world today is very dependent on a value adding, effective and reliable supply chain. In order to gain a competitive advantage in the supply chain, a country needs to match the aspect which add value to the supply chain with a unique advantage offered by its infrastructure and ease...

Marketing Research of Children as a Buyer Group

Marketing is an important tool in product branding, packaging, distribution and primarily production of the actual product. It gives insight into what the consumers want and how they want it. This paper therefore looks into strategies employed in researching the children as a key consumer group and the issues that...

The Eclipse Aviation: Business Model and Planning

Eclipse Aviation is a small aircraft company that was formed in 1998 but officially launched in 2000. It is located in Albuquerque in New Mexico. At the time of inception, the firm had more than 200 employees, 125 of whom were engineers. Since its formation, the firm has remained a...

Strategies of the Organization Change

Introduction This paper focuses on the various strategies of organizational change based on the leaders’ pet peeves. It has researched articles from various authors. One such author is Kowaski, Robin M. in his book, “Complaining, Teasing and other Annoying Behaviors”. The paper has gone further to provide recommendations on how...

Performance Management Issues of the Organization

Introduction Performance management refers to the activities that are undertaken in a certain company, organization institution, department and an individual to ensure that all the set goals and objectives are met in an efficient and effective way. This is a concept that is usually applied mainly in the work places...

People Management: Training Program Development

Introduction Training of both new and already working employees is one of the key factors to an organization’s success. Most organizations plan to develop towards meeting higher goals. Organizations are employing people every day and these people are not aware of the operations in the organizations. The trends in organizations...

Mercury Shoes Company’s New Opportunity in China

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

International Marketing Management: Advertisement Strategies and Global Market

Introduction Advertisers in the world or global market encounter limitations which include media and products that are unique as well as the language, legal limitations that are also unique in every market. All these limitations are supposed to be considered at the time the advertisers are designing a promotional mix....

Ethical Behavior in the Workplace

Workplace ethics is one of the most important issues today as it determines the moral standards and values of employees. The case of Wilson shows that standard ethical principles cannot be applied to all situations and problems occurred in the workplace. Every employee can expect workplace safety and healthy working...

“Leading Minds” Book by Howard Gardner

Introduction The book, “Leading Minds: An Anatomy of Leadership”, has been authored by Howard Gardner, “Professor of Education in the Graduate School of Education and one of the founders of Project Zero at the Harvard University” (Gardner, 1996). Published by Basic Books, the first edition of the book appeared on...

Sephora: Liberating Beauty Products

Summary Sephora is international cosmetic products retail store that has its roots in France that was started as a perfume store in 1993. Sephora has experienced rapid growth in the past decade in terms of the number of retail outlets it has on the back of innovative marketing practices that...

Royal Airlines’ Poor Leadership

Introduction Leadership is defined as the social process under which a person can utilize the support of others to achieve a common goal and forms one of the most relevant and important aspect of organizations. It is also “a process by which a person influences others to accomplish an objective...

The Importance of Motivating Knowledge Workers

This paper will be discussed the importance of knowledge workers in the whole process of Knowledge Management; a discipline that has gained a lot of importance in the current times with the importance attached to managing information in contemporary times. So ways in which companies can retain those knowledge workers...

Why the HIH Insurance Collapsed?

HIH was the price of the Australian insurance corporate world until it came down like a castle of cards. It surprised much of the corporate world and local communities and society in Australia. The strange thing about the collapse of the HIH was that it came down at a moment...

G Company: Marketing Plan

Executive Summary This assignment is a marketing plan for G Company highly regarded in the electronic markets that will enable it to reach the full profit potential of its new small appliances line. The first thing done is the creation of a mission statement that should be adopted as it...

Features of Planning and Control in the Supply Chain

Planning and control system for manufacturer of air-conditioning units In order to develop planning and control system for this manufacturer of air-conditioning units, we should discuss the peculiarities of its production system. Overall, it can be defined as a job production, which means that their devices are designed specifically for...

Individual Case Study-Isabel Stewart

Introduction Every organization has individuals with different levels of qualities and competencies. Today, working for an organization requires engaging in behaviors that result in healthy competition, adaptability, enforcement of attitudes, and openness to change. These are some of the attributes that lead to success in any organization. Isabel Stewart, a...

International & Comparative Human Resource Management

Introduction to IHRM International Human Resource Management (IHRM) is a subject whose definition is not simple, neither is the work of a HR manager. The operation of multinational corporation (MNC) differs from organization to organization and depends on several factors. Loosely defined, IHRM is the procedure of procuring, assigning, and...

Organizational Behaviour Overview: National Iranian Oil Company

Introduction Organizational behavior is the study of how people or groups acts in an organization or an interpretation of the the relationship between people and organization interms of the firm as awhole. This aims to enhance good relationship through the achievement of the general objectives of human, organization and social....

Tylenol: Public Relation Case Study

Public relation is an important element in corporate management. The public relations strategies in a company can either save a company from problems or lead to severe effects on a company. Tylenol case is an important example of the importance of effective public relations in a company. The Tylenol crisis...

Research Methodology Philosophy in Strategic Management

The Research Philosophy Explaining the research philosophy helps in understanding the interrelationship amongst the key components of the research and makes room for improvement in the methodology. This also helps in recognizing different positions concerning the research methods and defending the position being adopted for a particular research study. It...

E-Commerce in Computer Science Area: Business Idea

Description of the business This proposal will discuss the setting up of an E-Commerce business that will essentially deal with the sale of electronic devices over the internet; such electronic devices include watches, cameras, phone and phone accessories and computer accessories. The site will thus be about the sale of...

Internet and the Radio Industry: Strategic Management

The Internet has revolutionized the way business is done all over the world. This is because it has enabled better and faster communication. The world has been reduced into a global village where a larger population can be reached in a very short period. Furthermore, the advent of Instant messaging,...

BT Groups Innovation Methods

Introduction Recently, The International Monetary Fund gave a review of the world economy and stated that every ten years, a global recession usually occurs. A study of the quarterly rates in Gross Domestic Product is one of the most effective ways of forecasting a recession in the economy. However, this...

Informative Speech On Business Performance Management

In the troubled days of economic crisis and recession the only way companies have to survive economic uncertainty is by making good use of business “performance management”. Arguments The decision making process used by companies has turned to have little, if none, value for the present situation of crisis that...

Adapting Organizations to Today’s Markets

Today’s markets experience an accelerated pace of change which has brought about a shift in the nature of business organizations. Most firms have shunned the old hierarchical model, with its clean functional divisions and clear lines of authority, and adopted flatter, less bureaucratic structures. They encourage the concept of flexibility...

Organizational Design in the Hotels

Hotel Organization Structures In a limited-service hotel, the front desk department includes reservations, the front office, housekeeping, and telephone or PBX (Organizational Structure, pg 4). All the departments that exist operate under the general manager to achieve their responsibilities as part of the management of the business. In this type...

Business Communication Trends in Organizations

The major goal of any form of business communication is to attain the various goals of any organization. The parties involved in business communications are both internal and external; with the external parties being referred to as external audiences and the internal parties being referred to as internal audiences. Internal...

Club IT: Modern Club Specifics

Introduction Any modern club, even without the consideration of specific services and specialized directions in club’s operations, represents a complex system of functional links. The congruence in the work of such links can be seen as directly related to the success of such venue’s existence. In that regard, gaining a...

Dole, Chiquita and Del Monte: Corporate Statements

Introduction The banana plant is considered to be the largest herb in the world and it belongs to a family of plants called lily plants. The plant matures in a period of nine months and after that it’s able to produce fruits all year round. The fruit was introduced on...

Business Analysis and Decision Making in Company

Introduction A stakeholder of a product is any group or an individual who are affected by the activities or goals of the product either directly or indirectly. For the product to achieve its goals/objectives, it must have a good relationship with its stakeholders. This is because their interests to the...

Evaluating the Performance of a Job

Introduction To perform is a term used to refer to an act of carrying out a duty or procedure while to evaluate is a term used in reference to gauge how the duty or procedure was carried out. In essence, the performance precedes the evaluation. Most jobs have an evaluation...

Masco Corporation: Internal Company Analysis

Abstract Many elements can influence the corporation’s conduct in the world of business nowadays, particularly when the matter relates to market forces and competitive advantage. This paper discusses the case study of Masco Corporation with in-depth recommendations. Conclusion is provided to summarize the paper’s details and a reference list is...

Are Brand Extensions Good or Bad?

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

Karl-Erik Sveiby: KM Today and Tomorrow

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

Competition in the Australian Food Industry: Case Analysis

Industry Background The food industry in Australia is divided into several sectors among which the sphere of healthy food is the dominant one. The leaders of this market area are the international companies Weight Watchers and Paradise Food Industries (Weight Watchers Company, 2009; Paradise Food Industries, 2009). The products of...

Global Logistics and Risk Management in Organizations

Introduction Global logistics, as the name well suggests, is a short form of global supply chain, which allows companies to expand beyond their domestic markets. Often considered as an extension of the domestic supply chain, global logistics work in accordance to a certain set principles, which in turn, govern and...

The Reverse Logistics in E-Commerce

Outline This essay describes the reverse logistics in e-commerce. The study deals with how reverse logistic and e-commerce relate and the importance of reverse logistic in the e-commerce sector. It also studies what type of industries will suffer more because of the reverse logistic. Because every industry is producing different...

The Strategy That Wouldn’t Travel

The Issue The critical issue facing Jimenez in trying to transport the solution which worked at the Wichita site to the Lubbock site is that the Lubbock plant is missing the charismatic leadership of a veteran like David Keller. Keller is an exceptional leader who is quick to seize an...

Procter & Gamble: Annual Report Analyzing

Introduction Procter & Gamble provides a wide array of personal products to customers by its focus on providing branded consumer goods. By selling its products in over 180 countries around the world via primarily many means like the mass merchandisers, grocery stores, membership club stores, drug stores and in high-frequency...

Pearl Oriental Innovations Ltd.: Marketing Plan

Terms of Reference The objective of the plan is to maximize the potential of current services on offer and to indicate the potential of the firm given its current budget constraints. Executive Summary The report realizes that Pearl Oriental Innovations Limited is faced with tough competition and tougher economic times...

New Product of Coca-Cola From the Strategic Management Point of View

Introduction Coca-Cola Company is a leading producer, distributor, and seller of non-alcoholic beverage concentrates and syrups globally. The success of Coca-Cola products is mainly derived from the high level of customer satisfaction. Coca-Cola Company satisfied their customer by creating brands they love. They introduced two new products in the market...

Nicholas Carr’s “IT Doesn’t Matter”

Introduction The focal point of the paper is to write a critic of Nicholas Carr’s “IT doesn’t matter”. This article was published in the May issue of 2003 in Harvard Business Review. The writer puts his emphasis on the rapid growth of information technology and the reliability of business organizations...

Why You Need to Conduct Marketing Research?

Introduction The ground truth is that the success of any business by and large depends on market research (Greenstreet, 2006). First and foremost, it is critical to understand marketing so as to be able to appreciate why market research is crucial for viability of any business. Market can be said...

Business Management and Leadership

The organization for which I am working is an FMCG (Fast Moving Consumer Goods) company; which is facing problems related to the proper inter-departmental communication, tough corporate funding competition, outdating of a product line, and the declining of its market share. I am recently been appointed as a manager and...

Lee Valley’s Advertising Technique Analysis in Terms of Business Ethics

People are in a state of constant interrelation with one another and this process should be regulated accordingly in order to evade violation of people’s rights, freedom, and security. Since business relations occupy the position of primary importance in modern society, these relations should be regulated and controlled from different...

Staffing and Organizational Success of Company

Introduction Organizational success is depending on acquisition and retention of talented human resources for specific position. In 21st century, the job markets are growing with competitive rates and availability of skilled recruiters are being large and selective, as the organization has to build up long term effects with them, like...

Checking for Criminal Background in Business

Introduction The principles of recruitment and staffing generally recommend that organizations and employers should check at least part of their workers for the criminal background independently of the payment plan of an organization and structure of the HR strategy. The fact is that, the checking the criminal background is often...

Wal-Mart’s Efforts in Global Expansion

Introduction Wal-Mart, the largest retailer in the world, was founded in 1962 by an American Sam Walton in Arkansas State in the US. It did not start international expansion until 1991 when it opened Sam’s club in Mexico City. Since then it has expanded its international business to 13 countries...

Beak & Johnston: Human Resource Managment

Introduction to Beak & Johnston Beak & Johnston is a family-owned business, and has been operating in Australia since 1986. The company produces and supplies pre-packed meat portions, roasts, soups and seasoned meat products to both domestic and export customers. Servicing some of Australia’s largest supermarket chains and countries such...

Case Write Up, Enron and WorldCom

Introduction Recent years, companies pay more and more attention to business ethics and problems caused by violation of ethical and moral rules. The law is a guarantor of social stability. The law provides for collective safety and security. The ethics is a crucial element of every profession because it reflects...

Leadership Application and Leadership by Example

Introduction Leadership, whether political or business is about influence and strategic planning, and organization. Good leaders are not unaware of the existing conditions and circumstances, but that they act to produce good results in those prevailing circumstances. The qualities, as well as the functions and roles of good leaders, have...

Time Management Days Plan

Introduction Time management is one of the most important recipes to success. In order for an individual to succeed virtually in almost all aspects of his or her life (either in business, academic or even social life), strategic time management is inevitable. Effective time management directly translates to high productivity...

Issues Affecting Small Business

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

Financial Decision Making in Organizations

Introduction Capital investment appraisal is very important to the United Kingdom public limited companies in the 21st century. The increase of competition has made companies more sensitive to projects that are profitable to the organization. An investment decision to be undertaken by the company will influence the growth of the...

Project or Program Failure and Organization Reputation

Abstract Organizations undertake project or programs development in order to meet certain needs of their businesses. These projects do not always become a success as they fail to meet the expected outcomes and in the expected quality. Projects and program failures have negative impacts on the reputation of an organization....

Cooper Industries’ Interest in Nicholson File

Introduction The most important reason why Cooper Industries was interested in Nicholson File is its pretty good market positioning. Nicholson File at the moment of acquisition holder a stunning 50% of the domestic market for files and rasps. It also had a lower, but still considerably strong positioning, of 9%...

People-Oriented Organization: Information Sharing

Introduction Information sharing is an important part of knowledge management in the company. Assessing the context of information sharing, it can be said that it is associated with personal attributes, as information sharing is “voluntary act of making information available to others, [where] sharer could pass information on, but does...

Using E-Commerce: A Technology-Based Business

Introduction According to Wigand (1997), electronic Commerce is an integrative concept, designed to draw together a wide range of business support services. This includes inter-organizational e-mail, directories, trading support systems for commodities, products, customized products, and custom-built goods and services, ordering and logistic support systems, settlement support systems, and management...

Porter’s Competitive Forces and Its Effect on Business

Porter’s model shows the five forces influences on a businesses enterprise including threat of entry of competitors, threat of substitutes, bargaining power of buyers, bargaining power of suppliers, and rivalry among the existing players. Moreover, to make the model more comprehensive, a sixth factor, government was later included in the...

TiVo Inc.: Strategic Management

This paper aims to describe the industry and operating environment of such a company as TiVo Inc. In particular, it is necessary to focus on such aspects as the intensity of completion, the possibility of new entrants, the bargaining power of customers and suppliers, etc. The analysis may help to...

Leadership Theory: Human Relations Approach

It is universally acknowledged that every company has its own hierarchical structure where the company is split into departments and divisions headed by managers. Hence comes, each company works out its own strategy of the subordinate relationships. Therefore, people can be divided between the leaders and the followers and effective...

Alton International Pte Ltd.: Supply Chain Management

An Outline The following was the team’s plan for the study of Supply Chain Management in the business situation at Alton International (S) Pte Ltd, Singapore Operations. Actual site visit Purchasing Department Sales and Marketing Department Human Resource Department Warehouse & distribution Department Customer Service Department Presentation of conclusion and...

Creativity Under the Gun At Litmus

Introduction Creative ideas are new and useful for the progress of any organization. But creativity has been hindered at the Litmus Corporation due to time pressures that results in stressful working conditions. Analysis Colquitt, LePine, and Wesson (2009) defines stress as a psychological response to demands for which there is...

Professionalism in Planning and Code of Conduct

Introduction According to the November 2002 issue of Academy for emerging medicine on professionalism and code of conduct for physicians, professionalism is viewed as “the conduct, aims, or qualities that characterize or mark a profession or a professional person.” (p. 1). This definition enlightens us on the existence of a...

Importance of ‘Strategic Planning’ in the Marketing Process

Background Strategic planning is an important aspect of the process of marketing. It deals with the process of defining a strategy and making decisions regarding the allocation of resources for the particular strategy. Strategic planning can be defined as the “determination of the steps required to reach an objective of...

Health, Fitness Organizations: Profit Center Programs

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

Harrah’s Entertainment Inc.’s Strategic Management

This is a report on Harrah’s Entertainment Inc. and its strategic position on the market. The company owns casinos, hotels, and golf courses. Historically, Harrah’s Entertainment Inc. sought to compete against the industry’s leaders by increasing its presence in foreign markets. The company’s mission states: “Each of our brands will...

Cause-Related Marketing: Definition and Benefits

Introduction Cause-related marketing involves marketing efforts that have social and charitable causes and which are not based on donations as do corporate philanthropy. The strategy, which builds on the blend of the hybrid between public relations and product advertising, can be used to achieve positive impacts on customers’ buying behavior,...

McDonalds’ Corporation’s System of Inquiry

Introduction Organizational decision-making is always a difficult task since the decisions made will affect to some extent the stakeholders, including the members of staff and the customers. There are some instances where the requirements of the customer may disagree with the organizational goals and mission. This implies that decisions need...

Martha Stewart: Problem of Corporate Ethics

Introduction Martha Stewart is one of the most well-known women in America, and author of books and a successful businesswoman. Coming from middle-class family she founded one of the world’s strongest brands and built $200 million Empire based on the ideas of domesticity. In 2002, a stock sales scandal ruins...

HRM Strategies and Psychological Atmosphere of the Team

Background of the Study The background of the selected topic is the necessity of keeping the morale level high, otherwise, the productivity of the team will be low. It is often stated that the required measure is within the authorities of the Human Resource Management team. Originally, the HRM rules...

Political, Economic, Sociological, Technological, Legal, Environmental Analysis

There are a great number of factors, which can neither be controlled not influenced by a business, but they are of great importance for it, especially in cases which concern business planning or product development. This is why it is necessary to be aware of them, and PESTLE analysis makes...

Cereals Company’s Marketing Theory and Practice

This is an organization which manufactures Cereals in Melbourne, Australia. The company’s name is “G’Day flakes”. This particular company is thinking of developing products which must be suitable for the current Australian market. For this reason they decided to understand certain macro-economic factors which may influence their market and the...

Outsourcing in the UK: Influence and Impact

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

Empress Luxury Lines Company’s Decision-Making

Introduction The case in quetion concerns Empress Luxury Lines, a world-wide known cruise line. Top management of the company is planning to intentionally damage underground lines to get coverage from the insurance company. The obtained money is expected to be used for the computer system upgrade. Kevin Pfeiffer, a computer...

Methods of Recruitment and Selection Analysis

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

Good Mark Precision Industrial Company’s Organizational Structure

Introduction An organizational structure is a model under which hierarchical units pool resources and contribute in an institute and they do so to achieve a common goal to contribute and serve a regular aim. Organizations can be said to be clustered entities with a modification outlook. There are many approaches...

Google Inc.’s Compensation and Benefit Systems

Google Inc. Google Inc is a renowned company which is known worldwide for its products and services that it provides through the internet. The company is an American entity based in Mountain View in California, boasting a unique and innovative head office. Google Inc was initiated by Larry Page and...

Business Practices and Human Rights

To talk about success and social responsibility in business, in the same breath, is not just necessary, but also quite possible, provided the people at the top are convinced of the need for an ethically run organization. In the last few decades, there has been an increased need for taking...

S&W and Makatume: Strategic Issues and Case Analysis

Take the perspective of S&W’s Director of Strategic Planning to develop a full SWOT analysis of S&W, identifying and explaining at least five factors for each category (strengths, weaknesses, opportunities, and threats) and propose a complete strategy (implementation, ramification, and evaluation) which addresses one of S&W’s weaknesses and what you...

Family-Operated Business in Hong Kong

Introduction It can be said that many of the large corporations of today have been started in a small way by individuals and their families. Due to hard work and vision, they have now grown to the status and size that one sees today. There are still many family owned...

Organizational Management and Leadership at Hitachi Ltd Canada

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

Austin Reed Group Plc: Understanding the Environment

Austin Reed Group clothing company has been operating successfully in the past years; this is attributed to the well-set standards by the west. Due to this success, the company wants to venture into more International markets like Asia and Africa to seek more opportunities to market and offer its products...

Published Profit and Loss and Cash Flow Statements

Introduction According to the American Accounting Association (AAA) it states that accounting refers to the process of identifying, measuring and communicating the economic information so that it can allow the making of informed decisions and judgment that they can be used by the users of the accounting information. The accounting...

Angel’s: The Market Plan

Executive Summary The marketing plan has been formed on Angel’s and the chosen product is Angel’s Carpet, Flooring, Lighting, Beds, Rugs, curtains and blinds which has taken the leading position in the local market. The macro-environments that influence an organisation’s activities are demographic, economic, political-legal, ecological, socio-cultural, and technological. These...

Corporate Social Responsibilities of a Company In India

Introduction This report contains the major corporate social responsibility and environmental issues that the company will encounter when it relocates to India, a developing country. With the changing times, there is a lot of pressure that mounts on companies from the stakeholders i.e. the employees, customers, governments, the communities, and...

Human Resource Management and Organizational Strategy

Organizations employ many types of resources to realize their strategies and achieve their goals. These resources include labor force, which is nowadays approached in a less mechanistic way and referred to as human resources or human capital. Towards the middle of the 20th centuries, management scientists gradually came to understanding...

Entrepreneur’s Harvest Goals and Their Achievement

Introduction If an entrepreneur was asked why he set up his business in the first place, the inevitable reply would be to build up the company to great heights and manage it so that he may ultimately leave it to his children. The purpose of course would be to gain...

Impact of High Labour Turnover on the Hotel Industry

Aims and Key Questions Industrial revolution brought with it a paradigm shift in the type of industries and increasing focus on service industry. Hospitality sector saw a great boost and a lot of action since the need for such services increased. Now with the spread of industrialisation and growth in...

British Airways Holiday Package

Executive summary British Airways is one of the largest airlines companies in Europe and around the world. Along with Lufthansa they dominate the market within Europe, but also from Europe to Middle East and North America (Golden 2007). Despite worldwide financial problems, the British Airways position is that of a...

Olive Garden Restaurant Chain

Introduction Olive Garden is an untailored restaurant chain mainly situated in America and Canada and concentrates entirely on Italian-American meals. They take themselves as a family with worldwide brilliant meals in an ancient set up and practice thereby making them unique in their product offering and their culture. The restaurants...

High Employee Performance and Job Satisfaction

It is interesting to find out the answer to the query whether job satisfaction can directly result in generating high employee performance because of two reasons. The first one is that there is indeed a utilitarian value in that managers can use the insights gleaned from the study to effect...

Importance of Corporate Responsibility and Ethics

Introduction Corporate social responsibility (CSR) allows the society or its participants to account financially when there is a certain involvement of the monetary values or assets of organization. Financial accountancy provides us with many dimensions to identify and communicate issues of public interest to both internal and external stakeholders. This...

Strategic Planning: Research and Development

Introduction Successful marketing requires recognition and authority at the top decision-making level. Marketing programs must be carefully planned and based not merely on knowledge of internal corporate affairs, but also on knowledge of external environments. A homeostatic point of equilibrium between customer wants and needs, is called for on the...

American Express. Customer Service Operations and Excellence

The need for strategy change for American express From the case study, American express had previously concentrated on getting as many clients as possible, and then having little regard for the onwards. This is fatal for any customer oriented business, and had severe consequences, as shown by the drop in...

Exxon Mobil Corporation’s Budgets

In general, budgets are both planning and control mechanisms that, although essential to control (particularly cost control), serve as a balance between planning and control. They refer to future periods of time and translate company plans into financial resources. They furnish a guide for future expenditures, and by helping to...

SmithKline Beecham: Marketing Research

Executive Summary SmithKline Beecham is a healthcare organization that manufactures prescribed drugs as well as a range of non-medical products (for instance, toothpaste). The organization has a firm position in the world market; however, recently the number of consumers, the company used to have, has started declining. Contemporary business organizations...

Attracting Consumers with Blogs, Vigilante and Counter-Blog Marketing

Introduction Vigilante marketing, blogs, and counter-blog marketing are new marketing tools to attract large audiences of consumers. Modern consumers do not necessarily desire governmental regulation of business and marketing activity; however, the increased intervention will result from the unresponsive business policy. The following articles present corporate responses to consumer problems...

Innovation and Creativity Factors in Management

Introduction Innovation is one of the core subjects that is important in determining the success of a business enterprise in meeting its customers’ needs. The main objective in innovation is the creation of something new that will lead to positive changes. The difference between innovation and invention is the former...

Housing Industry Affected by the Economy

Introduction Due to the increase in population all over the world, there is high demand for shelter and the housing industry is one of the most significant and growing sectors nearly in all the economies of the world. However, changes in the different economies have impacted both positively and negatively...

Apple Computer, Inc.: Strategic Management

Introduction Strategic management aims at identifying best growth opportunities and creates defenses against threats to its competitive position and future performance. An analysis of the internal and external environment of an organization is very important for strategic management. The internal environment factors of the firm include its Strength(S) and Weakness...

Honda vs. Toyota: Comparison

This section continues the discussion of the issues that the company must face. The paper aims to cover some issues faced by the company such as being accepted by the market of the switch from gas to electric, adopting new technical expertise to make this change, coping with additional costs...

Contemporary Management Skills: Development Plan

The intention of this three year action plan is to craft a spotlight on developing management skills. My strengths and weaknesses as well as the challenges and needs to overcome my weaknesses and improving upon some areas will form the backbone of this three year plan. This plan avows that...

Managing Effective Team Process

In the world today, it has been noted that organizations can achieve their goals and objectives by properly managing their employees and ensuring that they work as a team since, without them, no operations can take place effectively. Teamwork refers to the ability of people in a group to work...

Financial Appraisal of Wal-Mart Stores Inc

The chosen company is Wal-Mart Stores Inc. and an appraisal of its financial performance based on Income Statement and Balance Sheet has been made in this write-up using four different methods. As per Stephan Gilman(2007, page 9)1, “A complete grasp of the situation of a business is obtained by the...

Alessandra Rich Fashion House’s Launch of Menswear

Executive Summary The paper presents an overview of Alessandra Rich fashion house, including brand identity, a brief competitor analysis, and a target market. Further, sustainable production is discussed, including sourcing, distribution, the critical path, and the supply chain strategy. Special emphasis is made on the ways of reducing the environmental...

Management: Performance Measurement in Organizations

Introduction Performance measurement is vital in all organizations because the organizations need to verify the validity of the selection methods; they also need to do performance measurement in order to improve productivity of the organization. As much as this may seem an important and key aspect of management, still it...

Traditional and Non-Traditional Grooming Markets

Introduction Market analysis is a prerequisite for any company or business that considers entering into a new market segment. Market analysis can reveal the market share, market trends, segmentation of services and products, market size, market growth, just to mention but a few. The analysis is important because it gives...

Leadership in Organizations: Bush W. George

Leadership may be naturally something born in a person, or it may be developed as one grows up. Leaders have got a distinguishing characteristic that makes them successful in their work. Otherwise, they greatly fail the organization. I do choose bush w. George as a leader because he on examining...

Global Mind Commodities Trading Company’s Strategic Marketing

Sugar is one of the most basic commodities used in every household around the globe. Moreover, the widespread consumption of fast food and sugar-rich products, including chocolate and sugary drinks, has pushed the demand for sugar higher over the past decades. Hence, the sugar trading industry is believed to be...

The All Geeks Company’s Internet Marketing

Analysis of The All Geeks’ Competitors One of the most significant local competitors of The All Geeks is the Warehouse. The company can be considered one of the largest retailers in New Zealand; its products are presented under different brand names. This year, the company launched its sixth brand, TheMarket,...

SWOT Technique: General Analysis

Introduction In business, it is vital to change and adapt to innovation, and it is also crucial to be able to adequately assess the potential of these changes when developing a strategic plan for a firm. SWOT analysis is among the commonly used techniques in business that allow one to...

Sky Clear Airline: Company Analysis

Introduction Sky Clear Airline is a company specialising in commercial aviation. The organisation operates in local and international markets. This essay will present the analysis of Sky Clear Airline using the Balanced Scorecard tool, McKinsey 7, SWOT analysis and PESTLE analysis. In addition, the paper will address the issues of...

Strategic Shared Leadership and Organizational Dynamic Capabilities

Introduction The article being reviewed is Strategic Shared Leadership and Organizational Dynamic Capabilities by Christos N. Pitelis and Joachim D. Wagner. It was published in volume 30 of The Leadership Quarterly journal in 2019. Its purpose is to analyze literature and concepts regarding strategic decision-making in the context of shared...

Transformation Process at Concept Design Services

Introduction to the Problem Within the sphere of operations management, paying attention to transformational processes within organisations is considered fundamental. Operations management represents a set of actions ranging from planning to supervising in order to make adjustments leading to the higher profitability of organisations (Galloway, Rowbotham & Azhashemi 2012). Transformation...

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

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