11458 samples of this type
The success of a business depends on the employees’ productivity and the leadership qualities of the management. Various narratives define who an effective leader is. Some theories define effective leaders as authoritative and insensitive to the employees’ feelings, while others describe them as those who engage with the workforce and...
Introduction Managers and business owners in the modern era engage with complex business environments, requiring unique skills to advance towards goals and objectives. Fortunately, evidence-based management techniques allow managers to apply scientifically proven solutions to managing people and processes. However, the wealth of information in journal databases and libraries makes...
Management and Leadership Styles The managerial style presents one of the most important factors for employees’ performance as it allows concentrating employees’ collective efforts on organizational goals. Moreover, the communication methods associated with different managerial styles can provide support for the team and encourage the members by providing them with...
Southwest Airlines Co., frequently referred to as just Southwest, is a major airline firm in the United States. It currently services 121 domestic destinations and 10 international flight paths. The company has continuously expanded out of its native Texas since 1979 and uses Boeing 737 models exclusively. Its business model...
GNC, or General Nutrition Centers, is a company that deals with products in the nutrition field, namely vitamins and sports supplements—founded back in 1935 in Pittsburgh, Pennsylvania, by David Shakarian. Nearly a hundred years later, it has grown into one of the largest companies with a financial growth of more...
Introduction The win-win habit of leadership is a state of mind and heart that enables an individual to continually pursue or strive for mutual benefit in every human relation or interaction. For example, during the COVID-19 pandemic, many companies had a significant problem because of the decreased sales. As a...
Introduction A compensation system refers to a systematic method employed to provide the workforce with rewards in exchange for work done. It plays a significant role of assisting an organization in motivating, attracting, and retaining the greatest talents. When establishing compensation systems for firms, management must factor in various elements....
Among the companies’ employees, the most likely people to be laid off are Lisa Parks and Charles Thomas. Their active participation in the future seems dubious since both of them are not going to be devoted to the company due to the former’s upcoming insurance payments and the latter’s rumored...
Study Background The overall objective of the proposed study is to explore the challenges SMEs face concerning supply chains and other aspects related to the UAE’s sustainable development plan. Due to the government’s long-term vision, UAE legislation has been changed; the new regulations will affect various businesses. The study aims...
Introduction The workplace is a space for communication and building social connections that should be navigated to achieve successful functioning and delivering results. The administrator acts as a leader who can develop a workplace environment for mutual interaction. Feedback and reciprocity are essential indicators of effective communication at work. Emotional...
The economic and business world is at a new level following the consistent technological evolution. Organizations worldwide have developed programs and projects through the internet to dominate the specific venture, while others use the platforms to expand and acquire new business. The Shark Tank encompasses various epiodes involving entrepreneurs and...
Introduction Companies constantly face many difficulties in the decision-making process, especially when determining the future vector of the development. Phone System Inc. strives to increase its profit by opening the facility in India and the old one in America, but faces several problems trying to manage all the details. Therefore,...
The digitalization trend continues to grow, gradually capturing more and more areas of human activities, starting from everyday life, communication, and transportation to integration in business processes. The logical direction of the trend’s development in the luxury goods sphere suggests that all luxury products will soon undergo a digital authentication...
Introduction The Australian Agriculture Company (ACC) operates primarily in the cattle processing agricultural industry whose financial positions had been influenced by the volatility of climate conditions. Their conservative land situated in the Northern territory and Queensland’s used as the grazing land of their livestock takes crucial drivers for the company’s...
Introduction Contemporary supply chain management is concerned with building a system that aligns both with organizational needs and customer expectations. Organizations like Cisco, which operates in the tech market, have become more aware of customers’ demands and upcoming trends, thus investing in agility, sustainability, and high levels of digitalization. The...
Abstract Sustainability is presented nowadays as a, not to say, solution for the future of “people, planet, and profit”. This approach was already developed almost 30 years ago. (Elkington, s. d.) After agreeing on the definition of sustainability and sustainable development, I will review how the development of sustainability deemed...
Introduction The department of demand planning is one of the essential departments in a corporation. This study tries to determine the ideal strategy to operate the demand planning department to provide a smooth flow of business and a tremendous financial impact for a company. It attempts to build a road...
Introduction It is challenging to overestimate the significance of people for any organization. This statement equally refers to executives who develop strategies and make decisions and ordinary employees who work to ensure that managers’ plans can be implemented. That is why organizations and chief executive officers (CEOs) should draw significant...
Introduction The importance of good governance determines the vitality of corporate culture and allows for improved operational effectiveness by finding constructive solutions to the ambiguous issues that arise in the leadership process. The fundamental figures of corporate governance are the board of directors, each member of which has an interest...
Introduction Six Sigma is the management technique based on project development and improving critical services and products of a firm. Therefore, Six Sigma aims to reduce product defects, reduce maintenance costs, and increase production effectiveness and efficiency to achieve these improvements. The techniques also aim at improving the understanding and...
The Dependence of Earnings Management on the Implementation of IFRS Changes in the regulatory perspective directly affect earnings management. Almaharmeh et al. (2021) confirm that the introduction of IFRS contributes to a decrease in the degree of earnings management of the company. However, the results obtained are somewhat ambiguous as...
Introduction Even with modern approaches to doing business, theoretical models of ethics contribute to the success and prosperity of organizations. The accounting fraud case of Network Infrastructure Company’s executives is an illustrative example of the violation of ethical models and negligent application of accounting standards. According to the charges, Michael...
Abstract The report below analyzes the strategies WestProp Development Ltd may undertake to control the amount of money it incurs in reconstructing 25 North Row W1K6DJ properties in Central London. Some of the costs that the report accounts for include land acquisition costs. Additionally, the research analyzes the assumptions in...
Introduction Nintendo is a multinational company that produces electronics and video games with a headquarters in Kyoto, Japan. Its primary mission is to make people who use its services happier and help their leisure time be better (Nintendo, 2022). The company’s industry is drastically switching from the 8th to the...
Introduction The case study under examination concerns Valio, Finland’s largest dairy products manufacturer, and its reconstruction following the country’s admission into the European Union (EU). Thus, the company was forced to undergo a profound organizational restructuring and adopt new strategies to continue functioning in a changed institutional and regulatory setting...
State regulation of fair labor conditions for workers across the country is implemented by establishing the minimum wage, which postulates the possible minimum wage: a rate below this value is illegal. According to Herrera (2021), the state minimum wage for 2021 was $7.25 per hour. Against this background, Amazon’s raising...
FedEx company has built its reputation through its speed, reliability, and high-quality services. By 2019, the company had been rated by Forbes magazine as one of the #35 top companies with the best employers (Dowd, 2021). The company has invested in creating new ideas that have increased its value over...
Introduction A sole proprietorship is a type of entrepreneurship in which one person carries out all operational and accompanying activities. The characteristics are that such enterprises are small, non-diversified in operations, and tend to be listed on specific online platforms (Zhang and Acs, 2018). The creation of this type of...
Introduction Hiring the right employee is essential for any company to succeed and enhance its performance. In the given scenario, the general manager position at Midwestern Division would require developed leadership, communication, and organization skills. The individual selected for this job must be able to monitor and evaluate others’ performance...
In order to advance in a new market and gain loyal customers quickly, expand the supply chain, and gain traction in a new setting, one must have an accurate understanding of the characteristics that make the specified environment different from the home one. For this reason, comparing the South Korean...
Article: Lee, S. M., Lee, D., & Kim, Y. S. (2019). The quality management ecosystem for predictive maintenance in the industry 4.0 era. International Journal of Quality Innovation, 5(1), 1-11. Introduction Quality management is a vital process of the organization’s workflow that controls and supervises the quality of operations and...
One key workforce diversity policy is the Executive Order on Diversity, Equity, Inclusion and Accessibility in the Federal Workforce of 2021. Its undeniable benefit is that it encourages overcoming barriers to equal opportunity for all employees. The Equal Employment Opportunity Act of 1972 is another equally important policy that is...
The topic of discussion is the preparation of a make-or-buy analysis. To investigate the topic, I selected the article by Rosyidi et al. titled “An Optimization Model of Make or Buy Decision and Quality Improvement of Components Using a Rebate.” The article’s purpose is to describe research conducted to develop...
Continuous development is a natural aspect of the entrepreneurial field in which the participants involved are regularly optimizing their operational approaches and combining traditional business approaches with innovative solutions to increase their capacities. Over time, some management algorithms have been transformed under the influence of new trends, and some practices...
STEEPCOIL is an important model used to categorize and identify risks. As shown in the table below, it separates risks based on social, technological, economic, environmental, political, commercial, organizational, information technology, and legal aspect (Steyn, 2018). In addition, the method is preferred because it categorizes risks in specific sections, which...
The business industry is highly complicated, controversial, and fascinating at the same time. To run an organization effectively, there have to be rules and policies established. A compliance program, or CP, is a group of company policies integrated to fulfill all the laws and regulations that help maintain an organization’s...
Applying Leadership to Enable Staff Achievement The systematic development of influential leaders is crucial to the long-term success of an organization; however, this aspect is frequently neglected or approached randomly. Management has been viewed as the technique through which an individual sets orientation, exerts influence over a team, and guides...
Individuals’ lives and professions are shaped by their values, which are the essential concepts that impact their behaviors and choices. Leadership principles are a subgroup of values that positively affect someone’s ability to govern or be a great leader successfully. According to Ashimolowo (2013), individuals may promote and strengthen leadership...
Global Risks: Reflection Risk management is a crucial aspect that affects the viability of a business or a project. Nonetheless, the most influential hazards are those at the global level. World Economic Forum (2020) documents several happenings that are likely to influence all people in relation to society, economics, politics,...
For Southwest Airlines, one of the world’s prominent low-cost carriers, positive organizational change, in the form of promoting a culture of improvement, can support and improve its competitive advantage globally. Organizational change can maximize the carrier’s global reputation as an animal-friendly and reliable carrier. It would support the company’s ability...
Advertising campaigns are different depending on the channels of their promotion. In addition, the world’s largest companies in marketing activities need always to consider the different cultural characteristics of these regions and the current agenda of social responsibility. At first glance, the original approach to displaying advertising on Dove TV...
The three pricing strategies, according to Spenser Lum, include anchoring, good naming, and fair value. Anchoring entails setting the tone for what clients see first—according to Lum (2017), setting a high value first and letting people bid based on the price influence their expectations easily. An anchor price changes buying...
Strength The first letter of the SWOT analysis stands for strengths. Strengths are defined by attributes or operations in which an organization excels and makes a firm stand out from the competition. These can include a recognizable brand, loyal customers, unique technology, and many other features. The strength that is...
To achieve maximum efficiency of the organization, management needs to use human resources evenly and competently. The fact is that individuals are the key tool of corporations. Based on this, the leader must, first of all, form a strategic approach to personnel. It is important to analyze in detail what...
Walmart Inc., one of the world’s biggest retail corporations, pays significant attention to public reputation. In this regard, Walmart’s Code of Conduct reflects the company’s approach to professional ethics. According to Walmart (n.d.), ethical conduct is vital for building trust in three essential aspects: associate relationships, customer relationships, and overall...
Refusal to recognize freedom of choice would mean the collapse of any ethical system, morality and law, and human dignity, and its guarantee is not only a moral thing but also an economic one. As the experience of modern management shows, a significant factor in increasing an employee’s interest in...
Among other people, followers can always be distinguished by referring to their behavior. According to their rank, they are one step down in the social hierarchy and do what the leader wants them to do. The authority and influence of the ruling class subjugates their will at the expense of...
Abstract Compared to traditional e-commerce, the live streaming e-commerce model can provide consumers with a more direct and authentic buying experience, encouraging them to make purchases sooner. Recently, live streaming e-commerce has become a new channel for business development. This study looked at five aspects that influence consumers’ behavior under...
Quality management of Crossrail can be called comprehensive for several reasons. First, the company manages quality on the organizational level, ensuring constant internal audits, tests, and incorporation of quality plans. Second, the company manages quality on a bigger scope, which implies “compliance with legislation, regulatory requirements, and relevant codes of...
Introduction Practical organizational functioning is impossible without competent management concerning procurement and supply chains. WHO was chosen for analyzing the role of supply chain management due to the availability and openness of information about the company’s policy. Moreover, WHO’s ethical mission is to lead the supply chain to improve healthcare...
For the purposes of this paper, the subject of information systems will be discussed. In order to provide an organization, person or larger society with some form of data, informational systems are widely used. Discussing the existing literature on the subject, a paper examining corporate informational systems, as well as...
Introduction Implementing the National Disability Insurance Scheme (NDIS) in Australia was expected to become the foundation of a person-centered, responsive, and flexible approach to providing disability care. However, disability organizations, including those that work with the NDIS system, often face the notorious challenge of qualified staff shortage. One such organization...
Introduction Science and technology have made the world evolve as people seek to apply these changes in their daily lives. Businesses have not been left behind as more and more business evolves to cater to the needs of their customers. The clothing industry has been affected by these innovative ideas....
Introduction In light of the distinctive systems of organizations and the nuances that characterize these different development models, businesses can be viewed in the context of multiple criteria that affect growth rates, communication approaches, and other factors. As a relevant topic for analysis, technology structures, and social boundaries are essential...
Introduction Neglecting employees’ natural needs in the context of the pursuit of increased productivity is a controversial practice. The example of the Jim Beam bourbon-making plant, described by Smith (2002), offers an assessment of an ambiguous situation. After carrying out the relevant checks and analytical work, the plant management issues...
Introduction The specific scholarly article that was selected for the analysis and research is called “Deviant Bodies, Stigmatized Identities, and racist acts: Examining the Experiences of African-American Gamers in Xbox Live.” The study was issued by Taylor & Francis and subsequently published in the scientific journal New Review of Hypermedia...
Introduction Operations management (OM) is the regulation of business procedures inside an enterprise to achieve the best degree of effectiveness achievable. It focuses on transforming labor and raw materials into merchandise and offerings as effectively as feasible to increase a company’s profit (Mišić & Perakis, 2020). To operate a thriving...
Introduction Sometimes, there are cases in which the most morally correct conclusions might initially appear evident. The described situation introduces the readers to an honest manager from a small community and his seemingly egotistical boss, and the subjective reading of this narrative forces them to side with the sympathetic protagonist....
Applicants need to find the right place of work to ensure their well-being, and organizations require competent people to succeed. Therefore, the search and retention of talented employees are crucial tasks performed by the Human Resources (HR) department. However, finding a job and hiring employees requires significant effort and face...
Introduction The interview was conducted with a physician who owns a medical center and has been managing it for over 15 years. He has built a strong business and a unified team, implementing various leadership concepts and being a highly respected and liked leader among staff, patients, and the community....
Introduction The general topic for this review is diversity, equity, and inclusion training for Human Resource Professionals at Acme HR Organization. The training considers the increasing workforce diversity caused by globalization processes posing a new dynamic to human resource management (Zhang & McGuire, 2021). It requires a consistent awareness of...
Introduction KE Adventure Travel is a company that organizes trips and vacations for its clients. This is a task that they have been accomplishing for over thirty years (KE Adventure Travel, 2022). The recreation style promoted by this company is active, they provide, for example, hiking, swimming, and skiing (KE...
Introduction: Amazon and Walmart Company Analysis Amazon: The largest digital company in the United States. It began as an e-commerce bookstore but has expanded to a diversified chain. The Retailer has the largest variety of products on sale. It applies the One- to- One (Relationship) Marketing Concept for value proposition...
Particular attention has recently been paid to the improvement of innovative processes in the field of science and technology, material production, and management. Innovations are presented by actions performed to introduce the achievements of science and technology into technology and management, including the organizations providing services to the public. Innovation...
Introduction Since The Conservatory Company PLC is going through a successful phase with a 25% growth in sales, it faces problems matching the pace of demand. This includes a slow production process, increased pressure on machinery, and low incomes due to constant overtime payments. Discussion Expanding by renting the warehouse...
Executive Summary The Key Elements of the Plan for the SME Businesses have adopted internet commerce due to the present boom of technical developments. The real estate industry has been quick to absorb these technologies. This study aims to genuinely help stakeholders understand the importance of e-platform concepts in the...
Cross-Functional Teams Cross-Functional Teams are characterized by diversity in participants’ functions, complex and efficient reporting systems, and more efficient time management. These teams are built of members that specialize in different disciplines and, regarding their specialization, provide different functions in the team, yet the actions of every specialist are dedicated...
Introduction The core thesis of the article by Kim & Mauborgne (2004) is centered around the concepts of red oceans and blue oceans. The former refers to existing markets and industries where competition is intense, and the latter refers to new industries and markets with untapped potential for profitability and...
After watching the TEDx Talks and the Zappos company culture videos, I am hopeful that the unique culture at Zappos will benefit the company in the long run. Based on what I saw in the Video, the company is receptive to both its consumers and staff and the ideas they...
Introduction Due to their scale and work in several countries at once, international business organizations must comply with many standards and laws than local companies. With the organization’s growth, the scope of its responsibility increases; with the growth of income, opportunities increase, generating free resources. These resources are usually invested...
Summary The industrial landscape of the 21st century is changing under the influence of various contemporary factors. Historically, humanity’s approach to most of its activities across different sectors has aligned with the development of societal, economic, and technological aspects. Today, the third component has taken a leading position, as progress...
Introduction Manufacturing and marketing private brand food items primarily for retail, restaurant, and ingredient customers, 8th Avenue is a market-leading holding company focused on availing private brands for consumption. A merging of the personal brand companies owned by Post Holdings resulted in the creation of 8th Avenue Food & Provisions...
Tesla Inc. is an American company that manufactures cars that purely depend on clean electric energy power. The company mainly produces top-notch electric cars with zero dependence on fuel. Tesla is famously known for its $0 marketing strategy; this implies that the company does not use any capital to finance...
Organizational Culture and Problems The given article EBS in China, written by Lin Liu and colleagues in 2018, explores the company Environmental & Best Safety (EBS), its background, and initiatives. Generally, EBS seeks to offer goods and services that protect employees in risky circumstances as a global leader in protection...
The ability to operate supply chain (SC) and trade processes in an efficient manner is inextricably connected to modern states’ economic success and status in the international market. At the national level, optimal performance in this regard can be ascertained using a vast array of strategies. To promote trade and...
Communication is crucial in the development and running of every organization. In the public relations sector, crisis communication is gathering, preparing, and circulating information to manage a crisis scenario. The presence of the COVID-19 pandemic has impacted various sectors. Organization’s management requires a crisis communication strategy to ensure smooth running...
Introduction Amazon Labor Union (ALU) entails a solitary labor union, particularly for Amazon employees. This organization was established on 20th April 2021. Additionally, it is vital to note that on 1st April 2022, Amazon employees at a store in Staten Island, JFK8, were supported by ALU to become the initial...
Hibbett Inc. has both internal and external environments. Its interior surroundings comprise the stakeholders, who include employees and the management. Hence, in protecting the external environment, the managerial staff must make careful decisions for the company (Mikalef et al. 20). They are the backbone of the company operations, which comprise...
The Human resource process is heavily influenced by legal, safety, and regulatory constraints. The H.R. process oversees employee identification, recruiting, and selection. The H.R. process is also in charge of developing and implementing training programs, developing and implementing employee benefits programs, and developing and implementing employee discipline programs. Legal regulations...
Introduction Financial analysis pertains to corporate finance and investment business economics. Internal financial reporting is a corporate practice involving the compilation of financial records for frequent internal usage (Khoja et al., 2019). The documentation may contain classified data, such as institution metrics, economic condition, scorecards, net present value (NPV), and...
Introduction One of the key concepts in financial advising is estate planning. In its simplest terms, this is the planning of actions that assist in managing a person’s asset base in the case of his incapacity or death (Bogan et al., 2020). It is a procedure that involves talking with...
Introduction Employee engagement is crucial to any organizational success. Several adequate organizational studies have concentrated on the importance of employee motivation in improving employee performance in a company. Furthermore, it is vital to recognize that individuals have various wants that constantly compete with other variables. Every employee has distinct needs...
Introduction Strategic planning is a systematic process that aids in creating goals for an organization’s future and determining the best way to accomplish them. Its main objective in the real estate business is to link three crucial areas: mission, vision, and plan. A real estate company’s mission statement should identify...
Introduction The job of insurance financial advising is to work with clients and offer them consultation on their capital. For people who do not have high knowledge in this area, competent and professional help is important. Employees of this profession give advice on all financial aspects of interest to the...
Mr. Phuoc Vu is a private music teacher that has been working in the industry for about 15 years. He stated that his determination to always learn and improve, along with his dedicated approach to work and strict ethic allowed him to gather a significant pool of students. Eventually, these...
Introduction Twitter’s main asset is its software platform, which unites more than 313 million monthly active users (Sweney, 2020). It depends on the technical staff who will support the platform, the sales department to promote it, and the support staff who will provide support. Some of Twitter’s more direct activities...
Introduction Netflix recently announced that it would join the UK’s Broadcast Audience Research Board, Double Verify, and Integral Ad Science in a bid to enhance transparency (Adams, 2022). The move will provide South African and global consumers with a clear picture of the company’s influence among audiences. The act has...
Introduction The US-based technology company Amazon is currently the most prominent online retailer worldwide in terms of revenue and market capitalization. Under the Amazon vision, Bezos introduced two comprehensive ideas to e-commerce, which are building a customer-centric company globally and also creating a space where customers could easily purchase (Majed...
Introduction Terex may have an operational failure if the new electronic system functions as anticipated, and inventory cannot be tracked. Terex could encounter a functional failure if the new electronic system does not perform as expected. For instance, if the system cannot effectively track inventories, this could result in delivery...
In today’s complicated and disrupted business environments, effective decision-making should be connected, contextual, and continuous to generate good results. Typically, management reporting assists enterprises in making strategic decisions, mostly by applying data collected from different departments, units, and financial centers. With the assistance of management reporting, the top management can...
Human resources are the most basic and irreplaceable resource in any activity, including business. Without reliable employees, developing any endeavor, delegating tasks, or expanding the scope of action is impossible. Accordingly, the company’s strategic plans must be aligned with the company’s human resources policy. Without an appropriate, renewable, and adequate...
Introduction By reviewing the available literature, a research tool (questionnaire) with 45 questions was created. The study’s research topic was tested using the structural equation modeling (SEM) method and AMOS 23.0 (Bhat, Pande, & Ahuja, 2017). SEM technique was selected because it can distinguish between direct and indirect links between...
Introduction Adverse effects of internal and external nature always threaten every company. Some risks may not only impede operations or damage the reputation but can also lead to the inevitable liquidation of an entity. Therefore, strategic risk is the aspect that requires acute attention in any organization or business. Discussion...
Introduction The concept of entrepreneurship as the process of establishing and running a business has been believed to be the kind of activity that requires a particular set of characteristics that are intrinsic to one’s personality. In other words, entrepreneurs used to be perceived as being born and not made....
Sally Percy, a business and finance journalist, discusses the peculiarities of effective intra-team communication in a new working environment when team members are located in different cities and even countries. Percy (2022) offers five ways to build meaningful collaboration remotely. First, it is vital to encourage collective feedback by creating...
Introduction Leaders play a vital role in influencing the performance of the business organization. In any business setting, the performance of an entity is significantly influenced by the leadership style employed by the manager. Furthermore, practicing various leadership styles such as servant, democratic and transformational is effective because they allow...
Summary Over decades sports have become a serious activity that has increased worldwide, making investors earn from it while others do it for recreation. Since most games cannot be held in disclosed and unmanaged places, most business partners have invested in making stadiums for easy sports facilitation. As games are...
In a working environment, witnessing one person with equal skills excel while another person fail is not a rare occurrence. Productivity and, hence, success depend not only on one’s skillset and qualification but also on intrinsic motivation and the level of effort. Chapter 7 dwells on the expectancy model of...
Introduction The pandemic, which is ongoing today, has changed a lot for employers. Now, to provide employees with a comfortable work environment, it is necessary to think more broadly and find new solutions. In addition, many people had a hard time working from home. There were several reasons for this:...
Abstract The objective of this research was to show the relationship between reverse logistics and sustainability by analyzing the following case studies. These cases are analyzed to understand the relationship between reverse logistics and sustainability. The study analyzed two cases of reverse logistics in the European Union and China as...
In modern times, to attract valuable employees, companies are developing various strategies and tactics. One of these strategies is to offer a compensation package of payments, which may include additional financial bonuses and benefits in addition to wages. In addition, medical insurance or pension payments are provided as compensation. In...
Introduction Business ethics are significant since they help organizations avoid situations that may interfere with their routine activities. While ethical decision-making among organizations is anchored on their management, the employees are crucial in enhancing an ethical culture. Therefore, human resource management ought to involve processes and procedures that promote good...
Grassroots organizations are mainly made-up civilians who advocate for a cause that leads to international, national, or local change. They are as essential as the money required for any innovation. In my view, grassroots organizing is an efficient way of changing public policy. This is because they provide a platform...
Introduction Integration of commercial drones in various industries has a significant potential to positively impact such industries. These drones are deployed to conduct inspections that improve industry operations, including increasing precision, driving efficiency, and providing safer workforce options. In 2021, the global drone inspection and monitoring market recorded $7.47 billion....
Economic efficiency is important when executing projects since it helps maximize profitability. Scientific management is a theory that involves the analysis and synthesis of workflows (Mumby & Kuhn, 2019). The theory’s main objective is to improve economic efficiency through labor productivity. Although the theory majorly applies to engineering processes, non-technical...
Individual and team output have significant role on organization productivity and growth. According to ATTTechChannel (2011), the Hawthorne studies of 1924 to 1933 showed the most significant aspects that influence workplace productivity. Before the studies, managers, and supervisors overemphasized production without considering what physical, economic, and social elements impact workers’...
In today’s highly competitive environment, in order to maintain their positions and develop successfully, companies need to use all available resources as efficiently as possible. This is a key task of management and requires, among other things, the correct and clear set of goals, assistance in achieving them, and increasing...
Abstract Studying the fundamentals of the financial market implies analyzing investment channels as the critical method of replenishing organizational budget funds. Due to the expansion of digital technologies in the modern business sphere, such a fundraising mechanism as crowdfunding is one of the possible options for accumulating profits through voluntary...
Introduction A diverse workplace entails a variety of individual variations within an institution. Workplace diversity comprises color, sexuality, ethnicity, mental and physiological impairments, and other unique characteristics. An inclusive workforce is one where individuals with all types of diversity and impairments feel accepted and their efforts are recognized (Agarwal, 2021)....
Introduction Fundraising is a complex process that requires several steps and stages. One of the key ones is the preparation of a campaign marketing plan. With many organizations competing for the attention and support of donors, it is essential to find innovative ways to engage the audience and encourage them...
Introduction I have always been a great fan of the commonwealth games. I have always watched them on television, and this year I plan to attend them. This year, the commonwealth games hit the 22nd time since they were launched and were being held in Birmingham, England, starting from July...
Introduction A small IT startup called Innovative Solutions (INOS) was acquired by a multinational enterprise (MNE). The cultural attributes of two companies are drastically different, which requires efforts on cultural assimilation to integrate INOS into the structure of MNE. The smaller company has horizontal, relaxed, non-hierarchical, and innovation-focused organizational culture,...
To open a business, one should carefully design a business plan, calculate all possible expenses, and learn the necessary skills. I want to start a mobile game business, as it is a business that can be started with almost no physical expenses and requires only PC, mobile coding, design, and...
The ethical dilemma when the safety concerns over the 737 Max first surfaced When first questions concerning the safety of the 737 Max were raised, Boeing found itself in a precarious position from an ethical point of view, which may be summed up as follows: For instance, when the first...
Introduction Any successful organization requires a robust business plan that fuels success. Caterpillar Inc. produces building and mining machinery, diesel and natural gas engines, industrialized gas turbines, and gasoline locomotives. The corporation’s key business segments are construction services, resource industries, and energy and transportation (CAT, 2022). Due to their strong...
Introduction The chosen area of interest for this literature review is entrepreneurial opportunity. In general, the consensus of the term recognizes that the phenomenon exists at the intersection between observable customer demand and the ability to provide the sought product or service. Indeed, it is hard to disagree that not...
Introduction Southwest Airlines Co is an airline company that operates in the United States of America. The company mainly focuses on short-haul and high-frequency travel (Ren, 2020). It also deals with point-to-point services and the low fares they provide to the consumers in the market (Ren, 2020). The symbol of...
Introduction Many companies believe that training answers all issues and that its absence is the root of many problems. Most people are familiar with the Kirkpatrick Model, which may be used to analyze and assess the outcomes of coaching and educational initiatives. This essay will describe the Kirkpatrick instructional and...
Business Model Canvas The Business Model Canvas is a tool for strategic management for describing, designing, and analyzing business models. It is has a favorable influence on both new and current enterprises. Using the nine parts of the Business Approach Canvas model, the research tries to determine McKinnie real estate’s...
Almost every person strives to achieve success and prosperity, and therefore people are looking for the keys to victory. Dr. Christopher Croner believes that optimistic and determined people often succeed (Selling Power, 2012). I think that determination is one of the essential qualities of a person who strives for success....
A particular team’s progress in 2021 is documented in the article called “Transformational leadership and the leadership team: the journey continues.” Specifically, it shows how the team has effectively used its incredibly united leadership group to benefit its outside stakeholders involved. The team determined the four lessons to be most...
Introduction Managing the internal operations of the company is the key to a company’s success. Good corporate leadership is a crucial internal factor for identifying the firm’s prospective opportunities and risks. Organizational structure, as part of administrative processes, is a critical component for the effective development of business strategy. Effective...
The marketing process directly correlates with organizational success. Through effective marketing, companies can examine the market through a STEEPLE analysis. Indeed, cooperation between the marketing department and other elements within an organization is vital through assistance and insight into efficient strategies and business processes. Namely, the departments that primarily benefit...
Buying another firm or organization is typical strategy corporations use to expand. These acquisitions are frequently sizable transactions, referred to as “business combinations” in IFRS Accounting Standards. The International Accounting Standards Board (IASB) is investigating ways to assist investors in holding businesses accountable for acquisitions and enhancing goodwill accounting in...
Most modern airports are giant constructions with complex infrastructure and numerous employees necessary to guarantee their stable functioning. Moreover, they can offer a trading place for companies, shops, and retailers to sell their products to passengers. For this reason, it can be a source of stable income and increased attractiveness...
Introduction The interview is a tried and tested component of the employment process that employers have likely utilized for years with slight variation. The interview process should be scrutinized and revised, considering the widespread adoption of technology and data in recruitment. The most popular form of interview question, the behavioral...
In the modern world, people are exposed to many addictive substances and activities that destroy the life of a person and their loved ones. Therefore, the social and financial contribution to the fight against addictions is essential. Currently, the organization holds annual events such as Recovery Month and participates in...
Dumping is understood as the deliberate lowering of prices below the average market to displace competitors. Meanwhile, anti-dumping is a strategy to counter dumping which is used to prevent unscrupulous participants from concluding a state contract (Blonigen & Prusa, 2019). If the participant greatly reduces the price, this does not...
Introduction Quality improvement is a process in which the effectiveness of all existing systems in the business is evaluated. Changes usually take place based on a structured approach and qualitative analysis of all work areas of the company. To organize successful improvements, regular data collection and analysis are accomplished. Business...
The ever-changing job market requires employers to be tough while making employment decisions. Management is tasked with preparing accurate job descriptions, which requires in-depth job analysis (Caldwell, 2018). The purpose of job analysis is to summarize the tasks, duties, and responsibilities of the job. Additionally, job analysis determines the key...
Corporate Social Responsibility (CSR) is a strategy used by businesses and other institutions that have evolved to the point where they can benefit society. The more successful a corporation is, the more responsibility it bears for upholding standards of ethical behavior. First and foremost, firms are accountable to their shareholders...
Google encourages its employees to communicate freely with upper management. This openness, combined with a genuine feeling of caring, has made the company an industry leader in employee satisfaction. Additionally, when hiring new employees, Google prioritizes four main characteristics: intelligence, leadership, googlability, and relevant experience. Intelligence suggests that Google is...
It is vital to describe control methods to show how an organization works to stop and curtail dishonest behavior and needless mistakes in its accounting records and data. Starbucks revealed that following the directives forwarded under the Securities and Exchange Commission act of 1935 is necessary for disclosure. Starbucks’ income...
Given that the organization specializes in such a stigmatized field as the battle against addictions and rehabilitation, it is vital to gain more people’s attention to meet the fundraising goals. The major purpose of the marketing effort is to attract and enlighten enough potential contributors to fulfill the 1.5 million...
Businesses now work in a world that is getting more complicated. The corporate world is more unpredictable than ever and is rapidly evolving. This situation presents problems and possibilities for firms’ communication processes. Building an engaged, dedicated, and happy staff and keeping talent is crucial for firms to keep up...
The article was developed by Newman and Goode, exploring the different types of communication between supervisors and their subordinates. The authors identify four types of communication: task-oriented, relationship-oriented, problem-oriented, and mixed-type. Each type of communication serves a different purpose, and supervisors must be aware of communicating effectively with their subordinates....
Introduction Today, numerous companies are experiencing problems resisting illegal actions and suffering losses because of their consequences. Healthcare fraud, including health insurance branch fraud, has a remarkably negative impact on all parties involved in each case. Combating fraudulent practices involves both the need for internal changes within such companies and...
Introduction Servant leaders believe it is their responsibility to build enduring relationships with people and listen to their followers. This enables leaders to comprehend the skills, requirements, and objectives of followers, enabling those followers to realize their greatest potential. Servant leadership has grown in popularity since it was initially proposed...
Although salespersons can adopt various ways of reaching out to potential customers, door-to-door sales are the hardest. Door-to-door sales involve going to potential clients directly and convincing them to buy your products. The sales method requires techniques that will make the potential customer trust the salesperson. Various challenges are expected...
Introduction Caterpillar Inc. develops short- and long-term goals to steer its performance, similar to any thriving corporation. Caterpillar’s long-term objective is lucrative prosperity that will allow the organization to fortify its status as a dominant force by developing its products and offerings. Additionally, the company seeks to provide its consumers...
Introduction Modern marketing strategies for promoting products and brands through social media are extremely diverse and vary depending on the characteristics and goals of companies. This study seeks to explore how key brand characteristics influence the choice of marketing strategies and the formation of the target audience’s purchasing behavior. Additionally,...
Introduction Human Resources (HR) managers are in charge of an essential part of the organization: the workforce. With knowledge about handling human capital, an organization maintains its success by ensuring its bottom line remains within the company’s goals. The department’s role is to assist in identifying company values, helping staff...
In terms of retail sales, Walmart is one of the world’s largest companies. The company has expanded into foreign territories after its success in the U.S. market. Intending to expand its influence, Walmart entered the Chinese market in 1996. Walmart’s existing human resource management practices did not meet the needs...
Introduction Caterpillar Inc. is a large multidivisional organization that performs in the market of machinery, financial, and insurance services. According to the organization’s official statement, its strategic goals include meeting “the needs of our customers and the communities in which we live and work” and creating “profitable growth for tomorrow”...
I agree with X that experts in leadership and organizations can play at least two separate roles. Although the newcomers received official training in a training class before joining the company, the exercise cannot include all the necessary information and often covers the fundamentals (12 Key Differences, 2022). The new...
Investors support start-ups and small enterprises with venture capital, a form of private equity believed to have the potential for long-term growth. Typically, the majority of venture funding comes from affluent individuals, investment banks, and other financial institutions. However, it is often given to tiny businesses, organizations with extraordinary growth...
When starting one’s own business, it is essential to consider various questions and address possible challenges. The decision-making process in such a situation should be based on useful and trustworthy information: future business owners need to think about funding, the main idea of their company, target audience, employees, and many...
Being an occupational therapy assistant has several significant advantages. Primarily, it is a valuable opportunity to realize one’s desire to help people. In this regard, this profession allows one to directly solve various problems of patients, thus making a considerable contribution to society as a whole. In addition, the assistant...
Dauma is a facility that produces a variety of construction materials, including bricks, cement, clay, and concrete, using concrete block machines, cement making machines, and other potentially hazardous equipment. Incidents that may result in injuries or even death occur on the Dauma premises (Odenigbo et al., 2019). This article aims...
Introduction The study’s purpose is to evaluate the cultural and economic issues that will impact Winmark Corp, an organization seeking to expand its operations from the United States to India. The company operates by buying and selling already used goods such as clothing, sportswear and video games. Winmark Corp was...
