The TED Talk “How to Make Hard Choices” by Ruth Chang

The TED Talk about decision-making by Ruth Chang has several important implications. Whereas the standard way of thinking about the hard choices is that it is a curse, she comes to the conclusion that it is instead “a godsend” (Chang 14:20). However, it is not only the culmination that matters...

The Electric Vehicle Industry in the UK

Executive summary The UK is among the countries that have experienced climate change effects such as heatwaves. To effectively tackle this issue and lower the number of emissions, one sector to focus on is the electric vehicle industry. In the UK, the government supports the growth of the electric vehicle...

Martha Stewart Living Omnimedia: Assessing Risks

Martha Stewart Living Omnimedia offers consumers a variety of products and services in publishing, Internet, broadcasting media platforms, and merchandising product lines. With a global multimedia reach of around 100 million a month, MSLO still does not have a significant online presence. The company’s main focus continues to be selling...

Reflection about Training and Development of Employees

Introduction Selling is an employee’s profession that requires a customer-centric sales strategy. Sales are made through person-to-person conversation. The discussion may occur in person or over the telephone, but the core of a good result is contingent upon the seller’s ability to establish trust in customer relationships. Establishing credibility and...

Resource-Based View and Competitive Positioning

The main contrast between the resource-based view and competitive positioning approaches is the ideologies behind the two. In a resource-based view, the usefulness of the available resources at the business’s disposal is critical in gaining its competitive advantage (Shibin et al., 2017). Therefore, when formulating a business strategy, the effectiveness...

Popular Mistakes in Launching Business Start-Ups

The topic I have been researching this semester is business startups. This is a significant research area because startups are considered the key way to bring new technology to the contemporary market. As our world grows more virtual and an increasing amount of companies shift to providing intellectual property rather...

Business Excellence in a Volatile Environment

Literacy programs on business operation for all existing employees and strict literacy requirements for recruitment of new employees are instrumental. The education of existing employees should incorporate convenient means such as computers that ensure they learn in their spare time and practice the skills in daily business operations. The requirement...

Corporate Governance, Sustainability and Risk Management

Introduction Every corporation is run by a set of rules and regulations that determine how power and authority flows. Corporate governance impacts how a company’s goals are set and achieved, determines how risk is handled correctly, and how performance is maximized. Effective corporate governance frameworks empower organizations to produce value...

Norrona Company’s International Marketing Plan

Introduction The current economic climate is characterized by stiff competition, which threatens the survival of many companies. Given that retail is a low-margin business, many companies consider entering the global market to improve profitability. Entering a new business market has always been disastrous but can also be rewarding in case...

Nike’s History of Fair Labor and Living Wages

Introduction One of the remarkable features of the globalization era is the wide availability of information, including of a preferably closed nature. In particular, with the development of information technology, every individual can share their opinions and experiences online, which can generate a public outcry if the issue being communicated...

Corporate Social Responsibility Strategies

Corporate Social Responsibility (CSR) is one of the essential concepts and practices of doing business in the modern world. Taking care of stakeholders and the environment and complying with all legal regulations and laws is a necessity for companies that want to achieve success and receive public support. However, participation...

The Toms Shoes Firm’s Recovery Process

Possible Alternatives Toms Shoes, a shoe manufacturing company, is on the verge of bankruptcy and, therefore, has been bought out by creditors to avoid disappearance. It is necessary to find out why this situation occurred and what mistakes are observed in the policy and its motions. The cause of the...

Analysis of Createyourownzine Company

The company is a provider of publishing services on a digital platform. The main idea of ​​the company is to create an independent magazine, which in the modern media space is called a zine. This resource is conceived as a digital media publication that can publish amateur materials in professional...

Nurture and Nature in Leadership

Introduction To begin with, it may be noted that people inherit certain character traits, thanks to which they will be able to improve their leadership skills. If people do not develop specific inclinations, this privilege will become naught over time or remain reasonably low. There is also an alternative opinion...

Square Enix Group’s Corporate Philosophy

Introduction Correctly defined business activities and objectives often promote the enterprise’s growth and ensure that its overall economic standing is stable for years to come. However, the corporation’s leaders should be especially knowledgeable of the specific organizational endeavors and their benefits for the desired developments, presenting the most crucial ideas...

Human Resources Team’s Objectives

The in-depth analysis of the environment and staffing issues is the major objective of HR planning along with the strategic coherence of all HR systems and activities to organizational goals. Bennett and Brush (2018) support this statement through their article that addresses Corning’s HR Strategic Planning Process. The authors examine...

Business Model and Strategy for Success

It is vital to apply business models and strategies to reach the goal of any business. Owners of companies have to think and adopt various strategies to become successful and apply effective models to their enterprises to become one step ahead of competitors. A business model is a necessary tool...

The Business-Level Strategy of Starbucks

The Starbucks coffee shop chain is ubiquitous and one of the fastest-growing food and beverage companies. Starbucks was founded in 1971 by two passionate coffee lovers. It was planned to create a company to purchase coffee beans, roast them, and sell to other companies at the initial stage. Starbucks is...

Off-Site Catering Business and Important Numbers

A medium-sized off-site catering business is not easy to sustain. The owner should always account for all the things that happen during working hours. Apart from managing the employees, the kitchen facility, food delivery, and servings preparation, there is also the financial part of the catering business. To ensure the...

Ada Wilson Factory’s Processing Costing

Processing costing is the most viable accounting method to be used by Ada Wilson Factory to account for the cost of manufacturing NFL footballs. The process costing method will be used because the Factory produces NFL footballs in large quantities, and the products are similar. In addition, the method assumes...

Assessment of Fruit Business in Mexico

Purpose This business plan was written to assess the viability of the intended Fruit business exportation of fruits to Mexico. The project considers the cultural, economic, and political aspects of the receiving country to determine the conditions required for successfully introducing the product in the Mexican market. The cultural components...

Personalization as an Effective Marketing Tool

Introduction Currently, the promotion of companies through social networks has become a reasonably effective tool for attracting customers and increasing profits. Various methods of increasing demand for goods and strengthening customer confidence in goods and services advertised on social networks have been actively developed. One of these methods was personalization,...

Risk Management Failure Analysis

Risks can be complicated to identify, and it is challenging for companies to prepare and manage them appropriately. Therefore, if a company is being hit by consequences for which it had not planned, money, time, and reputation are at stake (Mind Tools Content Team, 2016). Risk analysis is a necessary...

Tech Data Group’s Audit Influences

Synopsis Tech Data Group is one of the companies involved in this audit. This company is a subdivision of Tech Data Corporation, and it prides itself in providing technology products and services at wholesale prices. As such, the company works with over 9,000 employees. Tech Data Corp is located in...

2008 Louisiana Chemical Spill and Response Actions

The selected incident is the 2008 Louisiana Chemical Spill, which occurred due to two rail cars collision. The cars were carrying hazardous chemical compounds, which were ethylene oxide and hydrochloric acid, and since the combination of these two can be highly dangerous and possibly cause an explosion, an immediate evacuation...

The New Product Development Process

The new product development is a compound process that consists of diverse stages directed to collecting and analyzing the data related to the market and developing a profitable offer based on the research. Each product development process includes such stages as idea generation, idea screening, feature specification, development, testing, and...

Brazilian Business From Personal Experience

First of all, I would like to thank you for giving me the opportunity to participate in the Latin Scholarship competition. I graduated with a bachelor degree in Business from a Brazilian university, which allows me to be quite competent in the field of entrepreneurship. In addition, I have my...

Ethical Issues of UNOCAL’s Pipeline Project in Burma

Introduction Companies, when conducting their operations, must always take into consideration the ethical aspect of their business and assess the projects they engage in from the perspective of morality. Some enterprises choose to overlook the established social norms and make profits their priority, while others avoid participating in ventures which...

The Proserve Corp. Humidifier Product Marketing

Ultrasonic humidifiers create cold steam consisting of the smallest particles of water. The water is vaporized with the help of a special membrane that oscillates at high frequencies. The new Proserve Corp. humidifier not only reduces dry air but also serves as an air freshener and comes in a variety...

Features of Corporate Social Responsibility Strategy

In Mintzberg and Waters’ terms, there are several features of CSR strategy that are planned. Mintzberg and Waters (1985) note that here “leaders at the center of authority formulate their intentions as precisely as possible and then strive for their implementation” (p. 3). This strategy is guided by four priority...

Communication in Negotiation in Management

Negotiations are an integral part of work processes, and they can take place in various settings – from personal meetings between employers and company employees to negotiations between states. Experienced negotiators understand the importance of communication and use multiple techniques to improve it. Other influential aspects of the negotiations are...

Apple and Technology Adoption Model

Apple Inc. is an American tech company producing smartphones, tablets, personal computers, and other devices with a broad range of accessories for them. As a technological company, Apple is directly affected by the technology life cycle – a theoretical concept explaining the customers’ willingness to adopt new products based on...

Code of Business Ethics and Its Main Provisions

The Code of Ethics combines the most important values, principles, standards of behavior, and ethical norms that form the corporate image on a global level. In order for the successful international development of a corporation, I would suggest the following three provisions prior to the code of ethics. Employees of...

Procter & Gamble Firm’s Mission Statement

It is evident that the COVID-19 unexpected challenges make most major companies change their strategies and adapt to the new circumstances and the needs of their customers. It is possible to say that all organizations were in relatively equal positions, but thanks to the outstanding skills of their managers, some...

The ReDefine Firm’s Marketing Proposal Analysis

Summary ReDefine is a company that seeks to provide unique tourist experiences in well-known and not-very-familiar destinations around the world. It is based on the idea that travel can bring more happiness, satisfaction, and joy than it usually does. To achieve that, the firm offers several unique services for its...

Work Ethics and Productivity: Leadership Theory

Introduction This paper explores the standards of professional ethics and how it affects the employees’ productivity at a workplace. In addition, the work ethics of different generations is investigated. As a result of the thorough literature review, it becomes evident that the older descents are more hard-working than, the younger...

Job Design and Human Resource Management

Current and future work systems are extensively defined, and thus, strongly linked to management’s strategic decisions. Employees are getting more active in work design and reengineering. Cross-functional teams are advantageous from a strategic standpoint, but they can also be problematic. Managing their activities efficiently is a difficulty for them, which...

Neglecting Face-to-Face Customer Engagement in Digital World

One of the viewpoints where entrepreneurs are battling between remaining with the old ways and taking the path of least resistance is the client experience. Associations that can rapidly reconsider their omnichannel way of dealing with a particular client experience will recuperate quicker from the computerized insurgency (Smith and Zook,...

“Action” and “Control” in Digital Marketing Planning

Introduction A business proposal is a formal document intended to provide insight into a service that a company offers. In this case, the SOSTAC marketing model for planning is utilized to set up a restaurant for potential investors (Chaffey, 2021b). This essay will critically discuss the nuances of tactics under...

The Better Beauty Company’s Management Issues

Control costs in Better Beauty primarily relate to the processes that the management is implementing to optimize operations and ensure higher profitability. Budgeting has identified several areas of the firm’s higher spending, such as capital equipment and renting costs. However, the research of the issue itself has been a source...

Corporate Entrepreneurship and Small Business

Organizations should embrace the corporate entrepreneurship spirit to ensure they remain relevant. Corporate entrepreneurship refers to the adoption of a strategy that encourages employees to be innovative by proposing and introducing new methods of operations. The current business environment is undergoing numerous transitions and technology is being incorporated into business...

Gas Utilization and Processing Advances

Executive Summary Advances and developments in gas utilisation and processing are significant research subjects because of their relevance to different industries worldwide. Moreover, the resource is necessary to form most countries’ economics and is involved in political decision-making. This research methods report explored how gas-related industries and studies change from...

Dabhol 1 Power Plant Project in India

Project cost and funding mix Ghandikota (2002) notes that the original project cost was $ 3.1 billion. It was subsequently reduced to $ 2.65 billion. The project was sponsored by well-known players in the sector with a solid technical and financial reputation. These include Enron Power Corporation (80%), Bechtel Enterprises...

Albert and Whetten Revisited Article by Whetten

Being relatively close to CI definitionally, organizational identity (OI) relies on the actual understandings and claims of employees pertaining to the organization’s unique character rather than being built upon the organization’s expressions of its desired identity. As a theoretical concept, OI is carefully addressed in an article by Whetten (2006)...

Good Management Versus Leadership

There are different types of bosses in different organizations, so it seems that the question of whether the boss is good depends on the individual preferences of employees. As for me, I think that I lean more to consider myself a conservative person, so it is always hard for me...

McDonald’s Marketing and Branding

Global Marketing McDonald’s promotes a single brand with common characteristics in markets around the world. This is the largest fast-food chain, which is represented all over the world. McDonald’s occupies a leading position in the fast-food restaurant market. The international fast-food chain prioritizes its menu, as it helps attract the...

Agile Release Planning in Company’s Product Marketing

Introduction The planning step of an agile release is crucial in the process of marketing a company’s product. To ensure the long-term success of the firm, the plan provides a framework for the organization to work within. Stabilizing the market in terms of planning helps the institution contact its customers...

Tools for Efficient Team-Leadership Experience

Introduction to Team-Leadership Theory Every single organization needs a team leader who is liable to organize all company processes to perform themselves as a united body. The mechanism of arranging the company performance where all organization participants work collaboratively in order to achieve a final goal of a company adjustment...

Strengthening Diversity and Inclusion

St Francis Mission is a medium hospital It deals with cancer treatment and serves diverse patients It’s necessary to enhance inclusion and diversity to offer quality health care Principles of administrative management define important responsibilities Encourage an understanding of the baseline Promote teamwork and coordination The managers need to identify...

“Job Interview Preparation Tips to Help You Stand Out” by Deborah Acosta

Briefings on the Content Deborah Acosta’s article “Job Interview Preparation Tips to Help You Stand Out” talks about five important things to succeed in a job interview. The first step is a detailed analysis of the vacancy and requirements for a future employee. The second step in preparing for the...

Ethical Use of Power, Influence, and Politics to Get a Promotion

In the competitive job market, most view politics, influence, and power from a negative perspective. However, we have to learn how to apply the concepts ethically in our workplaces to achieve our goals. Power to facilitate promotion can be acquired by ensuring outstanding productivity. In essence, one must ensure that...

Companies Response to Supply Chain Disruptions Due to COVID-19

Introduction Undeniably, supply chain disruption is not a new phenomenon for many leading companies worldwide. Over time, pandemics such as SAR-2012, MER-2013, and political situations, including Brexit and the 2019 China-US trade wars, have caused supply chain disruptions for many companies in some parts of the globe. However, the outbreak...

Importance of Business Idea for Venture

Any business venture starts with an idea upon which it is built. Although it is difficult to put forward a genuinely unique concept today, the ones already on the market can be further developed and expanded upon to offer the target customers an original product or service. The business idea...

Sole Proprietorship in the United States

The United States is pursuing an active government policy to regulate and stimulate entrepreneurship. In 2003, a new presidential program to support small businesses was adopted, designed to give additional impetus to developing this vital segment of the civil and military economy (America’s Small Business Development Center, 2020). Many small...

Negotiating with Suppliers: Key Steps and Common Mistakes

Supplier relations are essential for the proper functioning of a firm. From a general perspective, this process consists of identifying and selecting the best-value offer for a company. This way, the firm obtains the required materials for the production of its goods or provision of services. In other words, the...

Telasi Power Project in Georgia

Project cost and funding mix According to AES Telasi (n.d.), the total project cost is $ 147 million. Henisz (2017) affirms that in 1998, American Electric Services Corporation (AES) acquired 75% of Telasi’s shares, while the rest of the shares remained in the hands of the Georgian government. AES offered...

Renegotiation of Solar Power Purchase Agreements

Project cost and funding mix A French oil company enters the fast-growing Spanish market through its subsidiary Total Solar International through agreements with Powertis and Solarbay Renewable Energy to develop 2 GW of generating capacity. According to France’s Total entered the Spanish solar market with two deals. (n.d.), the cost...

External Environment Analysis in Strategy-Making

The present paper conducts an external environment analysis for the Chinese telecommunications company Huawei Technologies. External environment analysis plays an important role in the strategy-making process because it helps predict possible risks and develop strategies to mitigate them. Although Huawei is a Chinese company, its products are sold in Asia...

International Expansion and Ethical Values

The difference between international and global corporations is essential to consider in the business environment. While an international corporation is defined as a company that operates in at least two different countries, a global corporation is involved in the market of several world countries (Abraham, 2012). In addition, international corporations...

Management of Organization and Its Challenges

A company is a business structure with separate legal entities from the owners. In a accompany, primary operations are run by the company directors while the company’s ownership is often in the hands of shareholders. In a company, the human resource manager holds major duties, including planning, coordinating, and directing...

Probability in Orgaman’s Decision-Making Processes

Nowadays, many companies face difficulties in decision-making processes, as, due to severe market competition and COVID-influenced recessed economies, the cost of mistakes becomes incredibly high. To offset the possible negative implications of wrong decisions on the company, more and more managers rely on statistical data to help them make the...

How an Effective Supply Chain Promotes Competitive Advantage

The robust supply chain can enable companies to outperform their competitors by obtaining their products faster, safer, and lower costs in a highly competitive business world. BASF, a global chemical company, emphasizes several aspects as critical drivers of their successful supply chain. Namely, they stress the importance of digitization, business...

The Coffee Truck: A Critique of the Business Project

Background Starting your own business always involves risks and economic threats; there is never a guarantee of success, no matter how effective the leader is. The initiation and profitable existence of a commercial project depend not only on the personality and skills of the leader but also on a combination...

Meghnaghat Power Plant Project in Bangladesh

Project cost and funding mix The project is estimated to cost $295 million, including $75 million in equity and $220 million in debt. In December 2000, a $ 50 million direct loan and a $ 20 million supplementary financing facility were approved for the Meghnaghat power project by the Board...

Amazon, Coca-Cola, Nescafe: Three Global Brands Analysis

Introduction Gaining the confidence of the local audience assists a company in improving its national and international reputation with an increase in customer loyalty and referrals. Culturally responsive transformations and localizations may create a brand’s dominance in an area for showing that it is considering the needs of its customers....

Team Management of Arctic Mining Consultants

The case compiled by McShane and Neale (2021) introduces the issue of poor team management caused by internal conflicts in Arctic Mining Consultants, a firm involved in mining activities. Given the current challenges, Tom Parker, as a field technician and coordinator, should do everything possible to create an environment of...

The Airparking Project Analysis

Summary Airparking is a project that allows people to rent out their parking spots by using an application. Zhidong Feng Yueting founded Network Technology Company Ltd in 2015 with the intent of creating a platform that would assist users in placing parking spots that would then be used by other...

Apple: Future Employment Opportunities

Introduction After the release of the world’s first iPhone back in 2007, it instantly became a sensation. The company managed to make a breakthrough, so the new model and its descendants were guaranteed success. I myself am an active user of Apple technology, which is why I chose to consider...

Consumer Decision-Making Process

Consumer behavior, as well as factors influencing purchasing decisions, is what the marketing strategy of most companies is based on. The purchasing decision-making process includes several stages: problem recognition, information search, alternative evaluation, actual purchase decision, and post-purchase behavior (Qazzafi, 2019). The first stage, problem recognition, begins with the buyer’s...

Aspects of Capital Budgeting Practice

Internal Rate of Return (IRR) is used to approximate the profitability of possible investments. The discount rate, which makes Net Profit Value (NPV) zero, is IRR. Note IRR is the annual return rate that equates NPV to zero. The higher the IRR, the investment will be more desirable. To calculate...

Analysis of Disney Business Strategies

Disney’s ongoing success, which has a significant history, can be attributed to the company’s expertise in diversification, which accumulates value. The strategies that contribute to Disney’s current state as an industry leader were first implemented by current CEO Michael Eisner beginning as early as 1984 (Rukstad et al., 2009). These...

The Under Armour Brand Management

Introduction Kevin Plank, a former University of Maryland football player, founded Under Armour in his basement. Under Armour manufactures athletic gear and accessories, recognized for its performance fabrics: equipment designed to drain moisture away from the body, regulate body temperature and improve comfort regardless of weather or activity level. Under...

Organizational Change Against Discrimination: The Case of Amazon

Introduction Organizational change can become a necessary process for any organization. As the company develops and enters the global market, it is bound to encounter specific events and requirements demanding that the current procedures are altered. In this regard, ascertaining the external factors influencing the corporation, possible barriers, the readiness...

COVID-19’s Impact on Workplaces

Introduction The impacts of the current COVID-19 pandemic on various aspects of life, including the labor market, are significant. Most areas have had to adapt to new conditions in which restrictions on social contacts are maintained. As a result, remote work has become one of the mechanisms to reduce the...

Bujagali Hydro Power Plant Project in Uganda

Project cost and funding mix According to the World Bank (2018), the project was a public-private partnership between: The private project sponsors include Industrial Promotion Services (Kenya) Ltd. and Sithe Global. The Government of Uganda. Multilateral and bilateral development agencies. Commercial lenders, including Absa Capital and Standard Chartered Bank. Total...

Finding a New Leader for Beauty Skin Unlimited

Introduction. Industry The industry chosen is skincare products with the appropriate name. They offer a wide variety of beauty and skincare products used for basic skincare, health-related skincare, and professional cosmetology uses. The business operates both in retail and direct-to-business sales, most of them occurring regionally. The company products are...

Environment-Oriented Approach in Consumer Decisions

Air pollution, global warming, deforestation, and other environmental issues have become major in modern life due to the rising negative effects of humans’ influence on nature. According to the Worldwide Fund for Nature (WWF), 16 of the 17 warmest years due to the record happened to be from 2001 to...

The Key Qualities That Make a Good Manager

Melissa Richardson sees a good manager as a person with advanced motivation skills, encouraging steady working relationships within the team of professionals. Richardson’s actions comply with her ideas: she joined training on team motivation and read books on leadership, discussed her team sales performance, and applied her motivational skills to...

Accounting Software for Business

QuickBooks QuickBooks is noted to be an especially well-liked piece of software for small businesses. Among its benefits is the use of cloud storage and a compatibility with third party applications. In addition, the app is also perfect for beginners, offering a combination of flexibility and accessibility hard to compare...

Nike and Timm’s Vispac Model

Timm’s abbreviation VISPAC is a guide to exceeding customer expectations, and it contains six categories: value, information, speed, personality, add-ons, and convenience. The personality component in question is essential in achieving customer satisfaction. In this case, an important role is played by individuality. It can be manifested in the appearance...

Fundamentals of Case Management Practice: Skills for the Human Services

Reflecting on the chapter on ethics and other professional responsibilities for human service workers provides valuable insight on how ethics codes are critical to a productive and correction provision of services. It is important to note that ethical behaviors can be manifested in legal, ethical, and moral perspectives (Summers, 2016)....

Indorama Eleme Fertilizer and Chemicals Project

Project cost and funding mix According to Wapmuk (2021), the project cost of the Indorama Eleme Fertilizer & Chemicals Limited is USD 1.2 billion. The total debt financing is USD 800 million, and equity financing is USD 400 million. The main subjects of the financing were the International Finance Corporation...

Selling Company’s Products & Services Successfully

Choosing the proper channels, strategies, and marketing and promotional approaches is key to successfully selling any company’s products or services. This choice depends on many internal and external factors and circumstances that the company needs to consider to get a return on its investment and gain audience interest. These factors...

Tesla’s Competitive Advantage

Tesla is a world-famous American company that produces electric cars and solutions for storing electrical energy. Today, it is one of the world’s best-selling manufacturers of electric cars. Additionally, Tesla has one of the best, competent, and visionary leader. Through his actions, the organization effectively unites, distributes, and concentrates efforts...

Risk Mitigation When Purchasing a House

The real estate market is currently quite well-developed. However, buying real estate from a legal point of view is a very complex procedure and requires careful preparation before its implementation. In the event of an error when checking a home, the excitement of buying a home can turn into drama...

Automation of Accounting Systems: Employability of Welsh Graduates

Abstract This paper confirmed the high organizational transformability of accounting, but it did not prove the real problem of replacing human labor. The key emphasis of the study, unequivocally reflecting its brief essence, was recognizing the idea of a change in the role of the accountant over the past decades....

How Proper Communication Can Satisfy a Workplace Problem

Establishing an appropriate pattern of interaction in the professional environment is an essential task for management executives. Consistent and efficient communication between employees, customers, and senior workers is a significant benefit, which ensures the creation of strong relationships between individuals. In the case presented, an employee and a customer are...

Mutual Expectations Model in Business

Employees should be well aware of their manager’s expectations and management style to understand whether they can perform their job properly. Employers should also know what their workers expect from their position before starting the process of employment. When both a manager and an employee have a clear understanding of...

A Global Business Plan in India

Analyzing International Competitors Potential Competitors To assess international competitors, one must investigate multinational corporations (MNCs). The top Indian companies that operate in the ICT industry are Tata Consultancy Services (TCS), Infosys, HCL Technologies, and Wipro (GlobalEDGE, n.d.-a). All these companies have large revenues and market values of billions of USD,...

Diversity in the World’s Top Companies

From my perspective, a diverse organization should go beyond the common definitions of diversity, broadening the workforce and ensuring that representatives of various social groups and capabilities are employed. In the current age, ensuring diversity in a workplace is a crucial concern for numerous companies, and organizational leaders are expected...

Product Life Cycle and Marketing Strategies

Introduction The modern market for goods and services is notably diverse. A particular management model is needed to properly control sales and increase the effectiveness of the marketing strategy. One of the fundamental points of this method is the product life cycle, which considers the different stages of the product’s...

Data Analytics and Its Application to Management

The role of the collection of data and its subsequent analysis in the industry is as big as ever. Specifically, it pertains to the managerial field – where the quality and nature of a decision can greatly alter the company’s vector of growth and development. The usage of big data...

Turnover Rate Assessment: Business, Management, & Accounting

Personnel turnover control is one of the key functions of the company’s HR specialists. By managing the process of employee movement, they identify the reasons for layoffs in time and take measures that prevent negative consequences. In essence, employee turnover refers to the percentage of employees who leave the company...

Analysis of Ben & Jerry’s Company

Ben & Jerry’s has a reputation as a socially responsible company. They try to combine, at first glance, difficult compatible things: to prosper financially and take care of people. They do not describe themselves as a vast conglomerate, striving only to earn more and more money every year. They, first...

Wanda Company’s Internationalization Drivers

Drivers for Internationalization In order to understand the drivers of Wanda’s internationalization, it is crucial to understand the strengths, weaknesses, opportunities, and possible threats. Tables 1-4 provide Porter’s Five Forces, PESTEL, Capability, and VRIO analyses to identify the drivers for internationalization. Table 1. Porter’s Five Forces. Threat of New Entrants...

The Cost of Quality Technique: Role in an Organization

The cost of quality is a technique for estimating the expenses businesses spend to ensure that their products satisfy regulatory standards, including the costs of manufacturing items that do not. The objective of cost of quality calculation is to better understand how quality affects the company’s financial performance. In general,...

Leadership and Personal Philosophy of Management

Introduction In order to become a leader in the modern world, it is not enough to be well educated and good at organizing people and processes. Finding the right team lead or senior manager for recruiters and HR managers is challenging. Companies need not just a competent person, but someone...

The Business Proposal for Studio 305

My business idea is a night club called Studio 305 which is to be located in Brickell – the financial center of Miami, Florida. Studio 305 is to be based on the legendary Studio 54 disco format circa 1977 – 1980. Brickell is often referred to as Manhattan of the...

Strategic Management and Strategic Competitiveness

Summary The purpose of this work is to give an idea of ​​the main aspects that ensure the economic stability of PepsiCo. The impact of globalization and industrial progress is considered in relation to the activities of PepsiCo. Evaluation models will be applied: industrial organization and resource-based, each of which...

International Marketing News

It has been reported that the international market is now facing division, with the governments putting much concern on supporting households and businesses that price regime. Even though freeing subsidies would have offered relief that government reserves desperately need, keeping them affects the economies and the climate. The global shares...

The Coca-Cola Company’s Healthy Marketing Strategy

The Coca-Cola Company is an American food company, the world’s largest manufacturer and supplier of concentrates and syrups. The Coca-Cola company is also a global leader in the production of soft drinks. The company’s most famous product is the Coca-Cola drink, which has expanded into an international market. At the...

The Army as a Profession of Arms

Introduction Human Resource Sergeants possess one of the varied roles in the military, and they should be capable of changing quickly in order to stay relevant. Human Resource Sergeants are the leader’s and troops’ direct lines of communication. Describing the essence of Human Resource in the Army, the paper is...

Is “Ethics and Economics” an Oxymoron?

The idea that economics is thoroughly divorced from ethics has been disturbingly persistent among general audiences. While the premises for the specified assumption could be seen as understandable given the multiple examples of global companies engaging in dishonest practices to multiply their benefits, economics should be seen as inseparable from...

Aspects of Leadership Challenges

The world is constantly changing, and this poses new challenges for the military leadership of today. Apart from the cultural challenges and the challenges presented by the new advances and technologies, there are several other important dimensions related to leadership. One of the challenges is defining and describing in detail...

The Waterfall and the Agile Methodologies for Application Development: Differences

Creating and developing an application is a multistep and complex process that requires knowledge and a particular scheme. Different approaches and strategies are used to create efficient and operable software successfully. Methodologies help to plan out the whole software development life-cycle, and each method promotes different aspects of the work....

Derubis Yachts: The Introduction of E-Business

Company Presentation Derubis Yachts is a serial manufacturer of motor sea vehicles from Vitez, Bosnia and Herzegovina. It specializes in producing catamarans that are up to 14 meters in length; the total amount of companies across the world that work within the same category is 6 (Kraljević, 2021, p. 6)....

Aspects of Zappos’ Corporate Culture

Zappos’ corporate culture is built on 10 core principles that are a priority for the company. The main principle of the company is to deliver WOW through service, which emphasizes the people and customer-centered approach. Additionally, the company strives to drive change, create a little weirdness and fun, be creative...

Relational Solutions Inc.’s Accommodating Employees with Disabilities

Accommodating employees with disabilities represents a unique challenge, even in the current era of multiple technological advancements and digital aids. As the case study under analysis demonstrates, the failure to address the needs of staff members with health disparities affects the general performance levels of a company to a spectacular...

Apple Desktop Mini Product Marketing Plan

Executive Summary This marketing plan presents the M1 Mac Mini, a revolutionary Mac desktop, the innovative product created by Apple company, which develops and sells computer technology. The company has a long history of development and improvement, and today, Apple products are the most expected, sold out, and recognizable among...

Multicultural Issues in the Workplace

Multicultural issues are quite an essential topic for discussion. This is mainly due to the development of concepts such as diversity and inclusion. An increasing number of employers are ready to hire representatives of different cultures and traditions. However, this factor can also affect the occurrence of various issues related...

Mixed Business Strategy: “Outside-In” and “Inside-Out” Approaches

It is important to note that outside-in and inside-out approaches can be used in mixed strategies by providing customer value within a company’s limitations. One should be aware that outside-in and inside-out approaches are not direct opposites of each but rather address and orient their strategies on the basis of...

Dividend Policy at Linear Technology

The M&M theory is used to guide the management of corporates of all sizes: large, medium, and small-scale. The theory proposes that company value should not be affected by its capital structure. It implies that the company’s revenues, profits, and other financial metrics should not be influenced by its value...

Scientific Management Principles and Influence

Introduction The essay presents the principles and influence of scientific management in modern organizations. The writer identifies the five principles of the scientific approach to management as presented by Fredrick Taylor. The first principle requires the use of scientific methods in developing a task completion strategy. The second principle is...

Marketing Communication Strategy for a Guest House

Introduction Hosting a guest house in a small town requires a well-designed marketing strategy to attract guests and establish profitability. Marketing for the low-involvement buying process requires developing a marketing strategy that includes objectives. Objectives and strategy implementation steps should be accurate and easy to measure for performance. Low-involvement Buying...

How to Motivate Your Team to Achieve Business Goals

High achievement is my primary motivation driver at the workplace. I measure my success against completed tasks, met expectations, and new responsibilities that challenge my skills. Although meaningful relationships at work are essential, I consider these relationships as resources that should help achieve individual or group targets. These relationships are...

Evolutionary Cycles and Strategic Leadership

It is quite natural for any company to experience business cycles due to the constant need for progress and introduction of new ideas into the organizational setting. Although an evolutionary cycle also implies that every company will have to face its eventual decline, it represents the natural order of development...

Information Technologies & Risk Management in Business

The main goal of IT is to help businesses achieve the organization’s mission and goals. Each business line creates an IT system that supports its business function. Thus, the higher the automation of the organization’s processes, the higher the probability of something going wrong in automation tools, for example, information...

Walmart Corporation’s E-Commerce Business Plan

Introduction Walmart Incorporated company is a retail corporation that runs businesses in different parts of the world with the headquarter located in the United States. It operates grocery stores, hypermarkets, discount stores, and neighborhood markets. The firm also has its outlets in different countries including, China, Mexico, Canada, and other...

Klean Kanteen’s Corporate Social Responsibility (CSR)

With the current threat of Global warming, companies need to participate more in CSR activities. Corporate Social Responsibility (CSR) refers to a company’s self-regulated initiatives to help society in caring for the environment (Robbins & Judge, 2018). This paper aims at examining the CSR activities of Klean Kanteen company, and...

HypothetiCo: Scale Challenge Logic Problem

In this situation, it is required to identify an item that differs from the rest of the beams for a limited number of scales using. The search for a solution in this case is carried out by comparing operations, however, not only single elements, but also groups of elements with...

Comcast Company in Telecommunications Industry

Defining the Industry The industry of telecommunications has evolved significantly over the course of the last two centuries. From the telegraph to 3D television and virtual reality, there had been quite a few substantial steps forward that defined the industry and allowed numerous manufacturers to ride the wave of innovation...

Aspects of Ethical Leadership

Introduction Transformational and transactional leaders can have a positive impact on corporate culture. Employee satisfaction is sought by transactional leaders through bargaining, or “bartering,” for desired behaviors. Transformational leaders inspire others by instilling a sense of purpose, encouraging new thinking, and improving and creating learning opportunities. Through a shared vision...

FindDreamJob Ltd.’s Advice to College Students

FindDreamJob Ltd. offers advice to college students who are considering their career options. Therefore, as a company representative, I would like to discuss the career outlook of Information Clerks based on the U.S. Bureau of Labor Statistics and provide my findings and recommendations. The employment prospects are promising because overall...

Sustainability Accounting and Contemporary Issues

Introduction Accounting is a vast topic for discussion as it involves numerous smaller ones, all of which are interrelated. Therefore, accounting cannot be researched without understanding its complex structure and its impact on different spheres of public life, interactions with government, and people’s income levels. Consequently, it affects national economies...

The Wine World: Development Trends

Introduction Since the Shang dynasty, wine has been made in China. China is the world’s foremost grape grower, accounting for roughly half of global grape output due to its vast territory and suitable temperatures. It also features the world’s third-largest vineyard acreage when it comes to winemaking. Wine has traditionally...

Al-Juneidy Dairy Factory’s Operational Processes Recommendations

Basic Information About Al-Juneidy Dairy Factory Al-Juneidy is a dairy factory specializing in processing milk products such as ghee and yogurt and selling whole milk. They are a mid-sized firm and face stiff competition from other brands, but the market share and demand are enough for all competitors to stay...

Business and Economics: Professional Development

Self-managed learning entails self-directed learning, action learning, and self-development. In 1978, Ian Cunningham defined the term self-managed learning and since then it has gained popularity among students who until today are increasingly adopting the concept (Serpis et al., 2017). The approach is divided into two different aspects; the first one...

The Role of Attitudes for Organizational Membership

More and more current companies feel the need for ethical behavior. This way of communication eliminates unnecessary tension and struggle in the team and contributes to accelerating many issues through quality communication contacts. An attitude is an evaluated statement closely intertwined with organizational behavior that conveys specific feelings and influences...

Sustainability’s Role in the Company’s Operations

This essay address three ways where sustainability plays a part in the operations and function of H&M compared to Zara and other fast-fashion companies. In recent years sustainability has been a necessary condition for the function of companies. H&M actively applies it in its production and operation. Firstly, the company...

Addressing the Challenge of the Nokia Corporation: Strategic Collaboration

Introduction In the contemporary age, many organizations encounter serious challenges that affect their position in the global market. As such, the Nokia Corporation is suggested to have experienced a severe issue when promoting its 5G services in North America, failing to provide the residents of this region with the necessary...

Lee’s Eatery Marketing Strategy

Marketing Strategy The target population for Lee’s eatery will be mostly the middle-aged population of, men and women. Such a choice is conditioned by the eatery’s location: the highly developed district where the business centers’ cafeterias provide low-quality food for clerks. Thus, workers will visit the nearby restaurant to get...

Zappos Firm’s Adoption of Holacracy and Its Impact

In 2013, Zappos which is an apparel retailer, announced that it was shifting its organizational structure a more fluid, less hierarchical form known as Holacracy (Nisen, 2013). The principle of Holacracy is that it eliminates traditional hierarchy by essentially removing all position titles, managers, and other means of subordination. Instead,...

The FinChats Company’s Start-Up Pitch

Introduction FinChats is an online internal communication platform for professional collaboration, specifically banks. Successful platforms like Google Chat, Slack, Flock, and Microsoft Teams are examples of how these systems function, as they are programmed to support constant communication and shared access to work databases through a common platform for every...

Steve Cahillane and Organizational Change at Kellogg

Steve Cahillane followed obstacle removal and employee empowerment, and visual communication steps. In the video, Cahillane emphasized the importance of visual communication to ensure that everyone was moving in the same direction. He also talked about how he focused on revitalizing the company by energizing the team and getting everyone...

Merck’s Pharmaceutical Company Ethical Dillema

The scale of the ethical dilemma raised by Merck’s management and scientists is defined by two outcomes. The pharmaceutical company could either have invested money in an entirely economically unsound project, showing goodwill and corporate responsibility for the eighteen million patients from poor regions suffering from onchocerciasis. On the other...

Total Societal Impact: Contextualizing and Applying

Government and non-governmental organizations (NGOs) are doing a lot more than some might give them credit for, yet the humanity is still far away from reaching any of its sustainability objectives. Over the past decades, the global community started to recognize the role the private sector could potentially play in...

Downsizing as Unethical Pricing in Business

Downsizing mainly affects those above 40-year-old as well as loyal consumers of the affected brands. This type of consumer finds it difficult to change their brand due to a lack of trust in other brands. In addition, some of these consumers do not realize the downsizing, and in case of...

Implementation E-Strategy: Amazon

Introduction Strategic business planning consists of several branches that provide direction for the business and address issues related to supply and demand. E-strategy is a set of influences aimed at creating good e-commerce. In the last 2-3 years, the physical demand has decreased significantly due to different factors: pandemic, development...

SWOT Analysis for the Dexcom Company

Background Management at Dexcom can undertake a situational study of their company using SWOT analysis, an essential strategic planning tool. Dexcom faces a lot of criticism in the present business climate, which can be summed up as strengths, weaknesses, opportunities, and threats. It has maintained a strong market position due...

Data Gap Analysis in America’s Community Bankers

A massive volume of data needs to be specially handled in almost any organization when tapping value to be used in decision-making. This paper mainly explores how big data found in organizations should be used for it to be an essential input when making decisions (Sill 2016). The document explains...

Applying the Forecasting Techniques

Introduction When it comes to any business operations, a long-term strategy and predictions play a significant role in the business’s success. Forecasting, for its past, has become an integral part of the business strategy and tactics. The procedure implies the complex process of gathering historical data in order to generate...

EHang Passenger Drones’ Marketing Plan

Executive summary Automated aerial vehicles (AAV), also known as drones that were previously used only in military operations, gained increased popularity worldwide in civic life. EHang, located in Guangzhou, China, is one of the first and most successful intelligence technology companies that has been producing AAVs for various purposes since...

Market Structure of Limited-Service Restaurant Industry

A low concentration ratio of the limited-service restaurant industry demonstrates that there is no monopoly in this market. It denotes that many firms have relatively the same shares in the market, and evident dominant players are absent. This information allows for supposing that pure competition is found in this industry,...

Managerial Challenges of the 21st Century

Introduction Performing managerial tasks in the present-day world is becoming complicated due to the evolution of the field, resulting in the modification of all procedures. It is conditional upon the change in the way people communicate, which implies innovations applicable to all areas of companies’ activity. Therefore, the majority of...

Experiential Learning of Entrepreneurship and Innovation

Introduction Studying entrepreneurship in higher education is both practical and theoretical research shows that one must employ experiential knowledge and go through the process called “learning by doing”. To many, it is a new phenomenon in a large field of inquiry that has enhanced new skills and knowledge in innovation...

The Air Travel Industry: Strategic Alliances

Strategic alliances are business relationships and arrangements between two or more independent organizations to carry out a specific and mutually beneficial projector to achieve core business objectives. In today’s competitive market, the success and survival of any business are determined by effective strategies that create an advantage over the competition....

Employee Displacement with New Technology

The idea of replacing humans with quality operating machines and destroying today’s globally perceived patterns of social hierarchy has now become one of the most widely used within the industry of popular culture. Thus, when being constantly triggered by near-apocalyptic predictions for the future of civilization, people unquestionably become terrified...

Importance and Methods Motivating Employees

Motivation is the process through which goal-oriented activities are initiated, guided, and maintained. It has been researched for years, and business executives have utilized numerous surveys to establish their employees’ personality types to predict their behaviours and inclinations better. Furthermore, motivational books are often used to encourage staff to improve...

Aspects of Error Culture

At present, the company’s willingness to change quickly and adapt to the market requirements has become crucial in corporate culture. There are several critical points in building an effective organizational structure that can quickly adapt to the market situation. One of them is error culture, which affects the company’s performance....

Discussion of Franchising Impact on Business

Introduction Franchising is a marketing strategy that is usually used for business expansion in which one party (a franchisor) gives another party (a franchisee) rights and authorities regarding the sale of certain goods or products. The two parties enter into a contractual agreement for the sale of specific goods or...