11337 samples of this type
The organization of business strategies in Microsoft concerns diversification and a vertically integrated approach. They offer a wide range of products, and each of these products has a competitor in its field. To stand out among its completion, Microsoft has to rely on the quality of their product and further...
Data play an essential role in the present stage of the development of society and human activities. Therefore, the more global a business is, the more seriously it should treat extensive data management. In particular, this aspect affects the process of making informed and thoughtful decisions. Consequently, this scientific paper...
As the completed SWOT and Porter analyses demonstrated, the MAC University Library has significant internal weaknesses and external threats that might hinder its competitive advantage in the market and reduce its value compared to rivals. To address these drawbacks and risks, the library should use its strengths and opportunities and...
Introduction The success of a business depends on the type of leadership employed by the management. An effective leadership model motivates the employees and creates a conducive environment to develop their abilities and become competent. Additionally, constructive leadership fosters friendly relations between the management and the workforce, promoting employee engagement...
Introduction Multinational companies struggle to dominate the sales market and capture new economic niches. Such struggles are justified by the desire to gain consumer appreciation, improve sales and audience reach, and, most importantly, increase profits. To achieve these goals, companies use a variety of marketing strategies and business plans and...
Market Research Health Trends in 2022 In order to create the most effective app in healthcare, it is necessary to monitor trends in this area and implement them. Moving with the times, it will be possible to offer users an up-to-date product for an extended period. Data analysis. An extensive...
One of the challenges for the HR department in the future will be the provision of flexible work arrangements. After the beginning of the pandemic, it has become clear that a hybrid workplace is key for organizations to ensure continued operations in the midst of challenges. Employees are now aware...
Introduction The Malcolm Baldrige Prize is an award created by the United States Legislature in 1987 to enhance top-notch administration consciousness and to honor firms in the United States that have successfully integrated continuous improvement. The Presidential Medal of Freedom is the country’s highest distinction for outstanding accomplishment. Baldrige assists...
To best understand how the structure of a business letter is built, it is necessary to study examples that are the basis of high-quality communication in this area. In this assignment, the letter is a text that aims to create a foundation for cooperation between the two companies. This business...
As the companies in question, the Target Corporation and the Walmart Corporation, are involved, and their income statements and balance sheets are analyzed. Relevant income indicators are displayed for both companies, which makes their reports similar. However, Target summarizes the information in a more concise form (charts and graphs) (“2020...
Introduction Thank you everyone for coming to this workshop. Today we are going to learn about the role of power in solving conflicts in a workplace. Conflicts are common in a workplace and they occur do to various factors including poor management, lack of communication, conflict of interest and conflicting...
Introduction Merit pay is a sort of remuneration used by businesses to reward high-performing staff with continuing bonuses. This performance-based compensation system rewards for employees who execute their tasks efficiently based on easily measurable criteria. Even though the method is most commonly employed in government civil service, it has primarily...
Introduction Bureaucracy is a phrase used to describe a large, multi-layered corporation. Decision-making is slowed down by the structures and procedures that have been implemented, which are made to keep matters consistent and under control (Suzuki and Hur, 2020). Assuming that people always act following their own best interests, the...
Introduction There is a continuous discussion within Java Corp regarding various forms of harassment among the employees. Owing to this issue, the company has recruited a new human resource manager whose first task is to generate a formal policy to safeguard employees, the organization, and all other stakeholders. Achieving a...
Starbucks is the biggest coffee outlet in the world. The company was founded by Gordon Bowker, Zev Siegel, and Jerry Baldwin. Later on, Howard Schultz joined the company, and he took charge of the company’s marketing department. Under his leadership, Starbucks became the largest coffee retail outlet globally. Since 1987,...
Samsung is one of the most reliable companies designing and distributing mobile phones and other devices. Indeed, some cases with devices’ malfunctions might occur due to various reasons involving improper design. Organizations often strive to generate innovative gadgets, forgetting about safety policies. Moreover, in the case of Samsung, the battery...
Microsoft’s organizational structure is based on product type, engineering groups, and functions. Despite its scaling and becoming more hierarchical over time, the corporation has maintained its hybrid approach to work between management, engineering groups, and functions, allowing it to have both functional and geographic division organizational forms (Cuefano, 2021). Due...
There are many forms of employment prejudice. Race and color discrimination occurs when a person is denied an equal job opportunity because they are of a certain race or possess personal traits related to a specific race, such as hair texture and facial features (Reskin, 2018). Discrimination based on color...
Customer satisfaction and regular visits are fundamental to the restaurant business. Direct contact with the audience will ensure long-term client loyalty and improve the quality of service by motivating the staff. The value of Restaurant Portobancos can be rated according to criteria: service, menu, and overall atmosphere. It is essential...
Organizational culture has a significant influence on people and administrative processes. Culture forces people to think, act, and act as it requires. For example, if an organization focuses on the quality of products and services, much attention will be paid to the convenience of customers, meeting their requirements, and even...
The present article dwells on today’s increasing demand for electric cars in the market as a response to the ongoing gas price increase and uncertainty surrounding gas supply to the US from Russia due to the recent Russian invasion of Ukraine and sanctions related. In the article, the author addresses...
Introduction It is important to note that the modern transformative changes in the economy did not leave the labor market unaffected. The global rise of the gig economy presents a new and massive opportunity for businesses and freelancers to create a highly efficient on-demand workforce. Therefore, the main facilitator of...
Introduction Amazon is an American technology corporation that operates in different countries around the globe. Its business line encompasses cloud computing, ecommerce, artificial intelligence, and digital streaming. Currently, its brand is well known in the market following the nature of its services to the customers. The company is consumer-centric, and...
Acceptance and respect are part of the diversity idea; it means accepting the fact that everyone of us is unique and appreciating our uniqueness. These can be along racial, ethnic, gender, sexual preference, social class, age, physical ability, religious, political, or other ideology lines. It is also about examining these...
The concept of personal selling and the process of implementing it is fundamental in the context of a job search. There are six stages involved in the personal selling process: prospecting, approach, approach, presentation, close, and follow-up (Kotler et al., 2020). Based on my recent job search experience where I...
Plain language is commonly used by business executives and entrepreneurs to communicate internally and with stakeholders, to ensure that information is relevant, and to assure employees that the organization’s choices are genuine and founded on evidence rather than preconceptions. While keeping a conversational tone, plain language helps clarify and explain...
Introduction COVID-19 has substantially altered how people worldwide perform various daily activities. The sudden changes have led to multiple issues and chaos in a number of spheres. At the same time, millions of workers worldwide have discovered the numerous opportunities that telework provides. For instance, Nakrošienė, Bučiūnienė, and Goštautaitė (2019,...
Brief Summary of Two Organizations The two organizations were selected in Oklahoma; they create local, sustainable solutions, namely Oklahoma Sustainability Network (OSN) and the Nature Conservancy (TNC). The Oklahoma Sustainability Network connects and educates Oklahoma’s citizens about the various facets of sustainability. This organization serves as a catalyst and platform...
Introduction The amphibious car project by Tesla Motors offers several advantages to investors and the general public. Firstly, investors might capitalize on the expansion to the new branch of the market. Tesla has already established an image as a market pioneer, and another ambitious undertaking would further reinforce it. Secondly,...
Introduction The company headquarters are in Winona, Minnesota. The company serves both the retail and wholesale markets in the United States and Canada. Fastenal’s founder, Bib Kierlin mainly specialized in purchasing construction materials and distributing them to his suppliers. The company did not manufacture its products. Due to the dynamics...
Introduction Recreational therapy provides a wide range of beneficial effects on both the physical and emotional health of a patient (“How can recreational therapy benefit your health?” n.d.). This is especially relevant when the therapy is tailored to their own interests and requirements. Many therapeutic leisure programs promote a person’s...
Manufacturing and selling a product that causes serious health consequences may bring various ethical questions. In Cipollone v. Liggett Group, Inc. 505 U.S. 504 (1992), the court addressed the plaintiff’s complaint, which alleged that cigarette manufacturers (the defendant) were responsible for the death of his mother, a smoker of 42...
Outcome management is one of the most effective forms of management, which is easy to apply and hard to execute since it requires honesty and working to the limit. In this situation, the application of features of outcome management can be detrimental to the company. At a critical moment, the...
One of the traits that remains outstanding throughout the video is that employees motivation is vital in enhancing the productivity of any organization. In other words, if employees are well encouraged, they tend to be more productive, and the organization receives more feedback and positive reviews, which translates into increased...
A criterion refers to the standards against which people or things will be measured. According to Sanders et al., 2021, a criterion is a set of skills, abilities, knowledge, and experience required for the job in employment selection. For example, it is best to do a job analysis when hiring...
beIN Media Group beIN Media Group is a corporation owned by the state which provides worldwide live sports events and entertainment across five continents. The organization is based in Doha, Qatar, and it distributes its services in seven different dialects covering North America, North Africa, Asia, Europe, Australia, and the...
In his lecture What is an Organization’s Culture, professor Christensen presented the views of a number of prominent researchers in organizational culture (Edgar Schein, Modesto Maidique) on the definition, genesis, and development of this concept. Based on Edgar Schein’s works, the lecturer defined organizational culture as a social unit “whose...
In the business world, it is necessary to secure an advantage as soon as possible. Many organizations and entities are working in order to derive a profit, competing in a global market. In such an environment, it becomes vital that organizations are able to adapt to the actions of others,...
Many factors contribute to a company’s success, even if a well-engaged workforce is not the only one that matters. A well-defined organizational structure can help better understand and handle human resource challenges such as management authority. The organizational framework establishes the formal reporting relationships that control the organization’s workflow and...
Introduction Johnson & Johnson is suggested to buy ASAKA Inc., which is the company working on AI specifically for healthcare providers. The healthcare industry has been developing rapidly in recent years. As Johnson & Johnson succeeded in its expansion on the market, buying other healthcare-related companies, it is wise to...
Introduction Federal Express Corporation is a company that provides delivery services to customers in different parts globally. Since being founded in 1973, it has expanded both infrastructurally and marketwise to a point that it is targeting to use technological innovations such as bots to deliver packages. With continuous integration of...
Summary Personal interest and greed make most accountants alter a company’s financial statements to hide its actual profits. The hidden profits all go to a few men’s pockets instead of the company’s shareholders and members. Most accountants can either overstate the revenues or fail to record some of the expenses...
Social networks are becoming increasingly important in promoting websites and brands, as well as in the field of large-scale advertising campaigns. The popularity of social networks inspires manufacturers of various products and contributes to the emergence of new projects and large-scale advertising campaigns. For example, Visa has created its business...
The primary aim of many nonprofit organizations is usually to help those in need, which can only be achieved with the fruitful cooperation of the board and CEOs. In other words, it seems vital to achieve collaboration that focuses on reaching the same goals, and where every member shares the...
Virtue ethics is a general classification for ideas that emphasize the significance of personality and virtue rather than fulfilling one’s duty or acting to get successful outcomes. Most virtue ethics ideas are based on Aristotle’s definition of an ethical person as someone with perfect personality characteristics. This philosophical approach could...
Introduction Puma SE is a German corporation that manufactures casual and athletic apparel and footwear. With $6.8 billion in revenue and more than 16 thousand employees, the company is the third-largest sports brand worldwide (Puma, 2022). Significant challenges, such as the COVID-19 pandemic, and economic and environmental issues, enabled Puma...
The Boston Consulting Group (BCG) published its ranking of the most innovative companies of 2021. The first line was taken by Apple, with Alphabet, Amazon, Microsoft, and Tesla also in the top five (Steers, 2021). The 6th position goes to Samsung; IBM Corporation takes the 7th place, and Chinese ICT...
Businesses operating in today’s global market have no choice but to implement cutting-edge innovations to maintain their relevance, fulfill the requirements of their customers, and maximize income. The usage of physical cards as a check-in technique for establishments of commerce and other types of buildings is rapidly becoming outmoded. The...
Each company has several leaders who are responsible for their respective areas of expertise. For instance, a chief information officer is tasked with managing IT staff, developing department goals, overseeing the IT budget, maintaining IT systems, and managing the organization’s software development needs. A chief privacy officer is responsible for...
Introduction It is important to note that leadership is a unique, complex, and intricate subject, which requires a comprehensive understanding of both conceptual as well as practical frameworks. The central quote for the given assessment is the following: “understanding leadership in early childhood has been plagued by its confusion with...
In the heyday of information technology, people utilize it to help them with anything, doing business included. Ferrel notes that there is a term for that – e-business, which means running traditional business and achieving its goals with the help of the Internet (403). In its turn, people use the...
Introduction Any business has goals and objectives that must be carried out as efficiently as possible. However, the main resource of entrepreneurship is the specialists who do the work. To achieve high results, employees must perform the necessary functions with high quality and competence. It is necessary to consider this...
Steps of Resolving a Conflict Conflict management is not yet its resolution since the main structural components of the conflict remain. However, all regulatory actions are either prerequisites for conflict resolution or the actual moments of this process. Conflict resolution is in its final stage. In all the various forms,...
The alignment problem when applying AI in marketing occurs when managers ask question that does not align with the set objectives. Telecom firms embark on marketing campaigns to retain customers based on the data collected from the market. However, the problem is when the managers fail to deliberate well about...
Company Manager, 132 Tamale Drive, Los Angeles, California. 21 April 2022 Dr. Shannon Production Representative Gemmy Inc. 844 Gemmy Street Miami, Florida 3434. Dear Shannon, Punctuality is important for several reasons. First, it helps ensure that projects are completed on time. Second, it allows managers to more effectively plan their...
Introduction It is important to note that effective leadership requires a specific set of behaviors and actions, which are rooted in foundational qualities of honesty and ambition. Although there is a wide range of different leadership styles with a correspondingly divergent emphasis on some points of focus, they all rely...
There are various strategies and supports that may be used to complement, improve, and enhance the quality of health and wellness in the workplace. The concept of resilience is currently gaining popularity in business research. It is defined as the professional ability to “withstand, recover and grow in the face...
Impact of Counterfeiting Practice on National Brand Manufacturers The counterfeit practice affects national brand manufacturers in numerous ways. Firstly, counterfeiting can cause a loss of revenue for the copied brands (Song et al. 2). Consumers may purchase a product perceived to be produced by a certain brand. Therefore, the original...
It seems that in this day and age it is meaningless to avoid using social media as a tool for business promotion and interaction with customers. However, there are still organizations that do not want to embrace social media and the opportunities it grants. One of the main reasons for...
Scenario Statement Vibe Trend (VT) is a music production company that faced the issue of inadequate diversity and inclusion efforts. VT has a monolithic workforce structure — the company seemingly has only white males in its staff. Meanwhile, the issue of diversity has shifted from the ethical to business sphere,...
Decision-making in the case of Metabical depends directly on the manufacturer’s performance, Cambridge Sciences Pharmaceuticals, and the FDA with clearance, including detailed profitability and cost-benefit analysis from Barbara Printup. Stakeholders include consumers, investors, and company management. The high quality of the product will be confirmed by the FDA and the...
Management involves various important matters and techniques that can be practical in many areas of life. Of all subjects addressed in the textbook by Kinicki and Soignet, I am interested in the topic of groups and teams. I have learned much about the distinctions, roles, and priorities of teams and...
As an essential phenomenon of society, leadership can be presented in two aspects. It is necessary to distinguish operational or situational leadership focused on the present and strategic leadership focused on the future. Without diminishing the role of a manager’s personal qualities, we view strategic leadership as the ability of...
It goes without saying that a website development questionnaire plays a crucial role in project planning as it helps a company to clarify a client’s requirements. At the same time, a well-structured questionnaire frequently allows clients to understand and clearly express what they want, as well. As a list of...
Introduction The international trade history of the United States has repeatedly demonstrated a tendency to export and import of the same product types. For example, the country’s oil and electronics trades are well known in the business field. Such cases have proven successful over time, which explains the popularity of...
Introduction Multinational establishments are characterized by the presence of a controlling stake not in one country but in different ones. In Canada, multinational companies account for approximately one percent of all enterprises (TMF Group, 2017). Canadian corporations are actively hiring employees whom they search for outside the country (May, 2017)....
This article “Relationship between Logistical Support Factors and Effective Contract Management in Royal Malaysian Navy” by Diekola Akanmu is written to understand how to effectively manage contracts in conjunction with financial, managerial, and technological support to ensure proper logistics in Malaysia. According to the article, logistics and supply chain management...
Immigrant professionals from different ethnic backgrounds adjust in New Zealand in differing ways. Despite cross-cultural similarities, differences also require attention as they affect the perceived degree of adaptation. The analysis reveals differences in the adaptation process, which leads to changes in their understanding, perception, and attitude towards their work. This...
This post is aimed at analyzing the advantages and disadvantages of ways of financial profit for non-profit organizations. The author rightly notes the lack of a philanthropic donation for the giver of money, due to the fact that one cannot find out exactly what needs the money is spent on....
Businesses new streamline their operations and adjust processes in order to be successful. A business process refers to a standardized set of activities targeted at accomplishing a certain task, such as accepting a customer’s order. Business processes play a major role in organizations by forming the foundation for the creation...
The key roles and responsibilities of the staff members in a company are essential to understand so that to be able to cooperate with them successfully. As such, the chief information security officer’s responsibilities often include implementing worker security awareness training, establishing protected operational and business practices, and recognizing security...
Executive Summary In the US, several states are experiencing long winter seasons, making the mobility of people to access remote regions impossible. Similarly, the country promotes recreational sporting activities, which influence people to purchase most of the products used in such events. Therefore, it presents an opportunity to export the...
Boston Beer Company (BBC) is faced with a critical decision that will potentially impact its operations and sustainability. BBC’s penetration into the light beer market should be based on its past, and current market positioning, and prospects. The company has primarily operated in the craft beer sector and has proven...
When planning for the strategy, a pediatric clinic should create objectives and set goals on where the clinic wants to be in the coming future. In terms of internal factors, technology is a key aspect that must be determined to ensure success in the pediatric clinic set to be opened...
Project Overview This project is an e-commerce startup going by the name Health Tactical that looks to sell groceries and common goods with a special focus on health aspects. The platform will sell products targeted at health and wellbeing-conscious individuals. The website will provide a convenient online store where enthusiasts...
To identify the efficiency and quality of a business, management usually prioritizes either helping people or generating revenue. It is incorrect to evaluate the results by only one criterion since this will not allow the evaluation of the place of business objectively. Financial indicators will only talk about the revenue...
Given the nature of the business, Sprout&Co plans to adopt a licensing and franchising entry strategy into the international market since it offers numerous benefits over other market entry approaches. Franchising is a global market entry option referring to a licensing agreement between two parties, the franchisor, and the franchisee,...
Introduction The past couple of years has been particularly challenging for most industries globally. Due to the economic aftereffects of the pandemic, as well as the rapidly developing political tensions on an international scale, numerous organizations have been struggling to maintain their success. The manufacturing industry has been affected particularly...
The Recommended Boarding Scenario The boarding method designed by Southwest using three groups is quite effective but can be confusing for first-time travelers. Therefore, there is no need to embrace a new approach, and an educational video explaining the process should be offered to passengers instead. Essentially, the company needs...
Understanding the extent of competition in the target market, as well as evaluating a company’s ability to withstand the observed rivalry rates, are crucial steps in securing a company’s position in the chosen business environment. Dun & Bradstreet offers an innovative digital tool for evaluating the competitiveness of an organization....
Introduction Wisdom and social recognition impact one’s behaviors and approaches and contribute to effective leadership. Both concepts are complex, and there is no universal way to define them. Wisdom can be viewed as a mature understanding of life and the ability to utilize experience and knowledge to make the right...
Introduction Small and mid-size firms (SMEs) have sales, assets, or a particular percentage of workers below a predetermined range. Each country defines a small and medium-sized (SME) firm differently. Specific size criteria must be satisfied, and the business sector is also frequently considered. The European Union (EU) defines a small...
After completing the assessment questionnaire, the result shows that my preferred working style is analytical. The outcome did not astonish me at all since the presented attribute in the evaluation aligns with my observed style of working. I believe that my analytical working style helps me and the team to...
Brief Introduction SONY is a Japanese global conglomerate firm headquartered in Konan, Minato, Tokyo, Japan. It is a prominent technology firm that is one of the world’s largest makers of retail and industrial electronic devices and the globe’s biggest retail manufacturer and developer (Encyclopedia Britannica. 2022, para. 1). SONY is...
Introducing a new cuisine to a foreign land is challenging. In my business model, I plan to introduce ceviche to the Chinese. This dish is less prevalent in the region as many people eat cooked and less sour fish. However, some Chinese have adopted eating raw fish in sushi through...
The Internet is the most massive and prompt source of information, so today, it is difficult to find any area of human activity that would not be represented there. A social network is a social structure that consists of nodes (individuals, groups of people, or communities) interconnected by one or...
Introduction A code of ethics establishes an institution’s ethical rules and industry standards for maintaining honesty, integrity, and competence. While working as a consultant at eBay, I studied the code of ethics to understand my rights and opportunities. Organizational members who violate the code of ethics may face punishment, possibly...
Apple is considered the company with one of the leanest supply chain management in the world (Ross, 2020). Such success is explained by several factors, including strong relationships with suppliers, strategic inventory management, and a focus on sustainability. As for the former, it is mentioned that Apple has strict standards...
Management hires suitable people with the requisite skills, training, and qualifications for diverse positions, allowing the organization to prosper in an ever-changing environment. When the market changes, the initial leadership must be modified by managers. As an outcome, the company can react to changing market needs and societal concerns. Leadership...
It is possible to predict that the factor wages will remain the same throughout the strike and negotiations compared to earlier in the year. Several factors can be provided to justify this statement. First, the wages are not the major point discussed as the company’s pension and the possible shift...
Acker builds his theory on the aspect of gender roles in the workforce. The theory was developed in 1990 when males dominated the labor market (Acker 144). It suggests that the organizational structure was not as neutral as it seemed. The organizations were male-dominated, and men fully occupy the most...
In my opinion, this post about Nike, Inc. and its successful collaborations provided an appropriate description of the company and its marketing endeavors. Sufficient evidentiary support is provided to show how the company operates and what types of collaborations it seeks as well as the effect of such collaborations on...
History of Cisco Cisco Systems was founded by Leonard Black and Sandy Lerner in 1984 and is currently a major American technology company. Its main achievement is that the founders of the company are pioneers in creating a local area network (LAN) system. It is used to communicate between different...
Systems thinking is a management approach that focuses on the interrelation of systems and how they operate within the context of larger systems. An excellent example of a system is an organization, as it serves a specific purpose and contains various subsystems such as units. Additionally, as a system, an...
The modern model of personnel management is impossible without a well-established process of effective communication. There is a radical quantitative and qualitative change in the information sphere, accompanied by a radical transformation of the economic, technical, socio-cultural, and managerial components of the communication processes of post-industrial society. Companies whose economic...
Introduction Nowadays, it is virtually impossible to accurately predict human casualties and economic damage associated with the COVID-19 pandemic. However, it is advisable to consider the individual results of marketing strategies, which will provide a more realistic vision of the possible course of economic processes and assist enterprises in their...
Introduction Sustainability development goals (SDGs) have gained significant proliferation in the business world. In 2015, the 2030 sustainable development agenda was adopted by the United Nations (UN), which sets out seventeen goals as initiatives toward environmental and socio-economic growth (Rosati & Faria, 2019). The increasing importance of sustainability stimulates companies...
Summary The current arrangement made by RBC and GF mainly focuses on a current delivery contract that encompasses a fixated average delivery price despite the quality and quantity. Accordingly, the agreement was a sufficient incentive for Gordon to continue trading with GF. However, the set price was an undermining factor...
Nike is one of the biggest players in manufacturing sports equipment field, such as shoes, clothes, etc. It has been one of the biggest names on the market since its establishment in 1964 and one of the most recognizable brands worldwide (Hsieh et al.). One of the most significant distinguishing...
Introduction The modern environment is coupled with many ethical issues relating to business management. Companies prioritize inclusive workplace culture and ethical leadership to provide a suitable environment for conducting business activities. To reflect on the future working environment, there is a need to improve the current ethical imbalances and train...
ExxonMobil’s products can be considered highly valuable due to the increased diversity thereof, as well as the increased profitability of the organization. Its current reputation, highly effective PR approach, and the use of valuable resources for its products make ExxonMobil a highly lucrative organization, which, in turn, defines the value...
Following the popularization of higher education (HE) and the resulting expansion of the consumption of tertiary-educated workforce, there is a widespread problem in the national discussion that the stockpile of degree holders surpasses the demand for graduate employment. Therefore, this has resulted in adverse outcomes and effects on the skill...
Introduction Reverse logistics is required after the customer receives the product for operations such as exchange and reuse. Prajapati et al. (2019) argue that this system is involved in rescuing used products and recovering a percentage of their original value in terms of activity. Reverse logistics has become profitable because...
Nature of Leadership The first two definitions concern the broad nature of leadership. The first one is that all groups have role specialization, and someone has the primary responsibility for the specialized leadership role while others are to follow (Yukl & Gardner, 2020). This notion is valuable since Yukl and...
Introduction The idea of the New Belgium Brewing Company (NBB) was founded by Jeff Lebesch an electrical engineer. Since then the business has been experiencing some issues when performing its daily duties. These matters include environmental problems, social responsibility, and the B Corp Certification. These concerns have contributed to the...
Introduction International expansion is undoubtedly an essential event for any business that opens up new opportunities. The company’s revenue is expected to increase due to the running of new markets significantly. Besides, it is an opportunity to expand one’s services or products depending on new market requirements. However, it poses...
Workers’ freedom to organize and bargain with their employers is largely regarded as a basic human right across the world. The post-World War II social compact, in which the advantages of economic prosperity were widely shared, was shaped in large part by trade unions (Nussbaum, 2020). Collective bargaining agreements establish...
Introduction Business ethics involves a set of ethical and moral beliefs that enlightens the conduct and undertakings of an organization and its workforce. Ethical standards and principles help to define a company’s goals and values that guide the day-to-day business activities. Organizations need to observe ethical conduct in business communication...
A number of factors, many of which interconnect, regulate consumer behaviors and change how people act. As a term, consumer behavior refers to the combination of actions, decisions, views a person holds when buying, using or disposing of products (Panaitescu). Depending on how products are presented, packaged, advertised or showcased,...
A firm’s owners and shareholders often have contradictory interests; while they both want the company to develop and grow, they see this process differently. Owners are interested in realizing their ideas and visions in the firm, stimulating its active growth. Shareholders, on the contrary, want a stable income from the...
Project Description and Significance In the current competitive business environment, firms are under pressure to ensure that they maintain a team of highly skilled and experienced employees who can use emerging technologies to continuously improve their performance. Brewer and Dittman (2018) explain that recruiting talented employees is the first step...
Introduction Inventory management is critical to a business’s success since it ensures that there is never a surplus or a shortage of goods on hand, reducing the danger of stockouts and erroneous records. The topic of the cost/benefit model is essential and relevant since it highlights efficient and effective assessment...
The culture of working together as team members has a significant impact on the overall performance of an entity. Companies that encourage teamwork experience a positive work environment because employees have adequate time to interact with each other, making them comfortable performing their duties and learning other useful skills from...
Introduction Standard Chartered is a Public Limited Company based in the UK that provides financial services for people, corporate clients, and treasury services. The company primarily operates in the Asian region, the Middle East, and Africa, despite its headquarters being located in London. The bank has had a long story...
The constantly progressing world of economics and its subfields, respectively, require novel ideas and techniques to be acquired by future professionals. At the same time, extensive experience is mandatory for the new strategies to be developed efficiently. In that way, the interaction of accounting students and experienced professionals is an...
Introduction Their name implies that non-profit businesses do not focus on revenues. However, they still need sufficient financial resources to ensure that they can operate and meet their goals. Currently, non-profits have three sources of revenue, including philanthropy, earned income, and government. It is challenging to mention which of them...
The new business venture for evaluation is the online coffee shop named Fair Trade Joe with the domain fairtradejoe.com. The client base that will be targeted includes connoisseurs and regular coffee drinkers who find it important for their coffee to be ethically sourced. For many consumers, coffee represents a crucial...
Mannan supermarket maintains a healthy checkout aisle because it has natural food and healthy items rather than sugary snacks or unhealthy items at the checkout section. The Shop has a good produce section neatly arranged along the perimeter of the check out section. The arrangement enables the customers to see...
Advertising construction services on the Internet aims to attract customers for contracts, direct sales, and promote the brand and business. The best advertising of construction services is a demonstration of completed objects on the company’s website. Given the high competition in construction and repair, advertising should be aimed at the...
Mergers and acquisitions present a vital source of development for companies in global distribution strategy. Caterpillar Inc. specializes in developing, manufacturing, and marketing construction and mining machinery and engines, and other construction equipment. According to the company’s website, Caterpillar’s long-term goal is profitable growth, which prioritizes investments in product and...
Introduction The states, political parties, non-governmental organizations, private companies, and informal groups – all need leaders. Good, or bad, these people take the responsibility for the greater good of their group. Some leaders perceive their groups as supporters, others – as fans, followers, slaves, or other types of mean people....
The previous post emphasizes the importance of integrating organizational changes with the needs or input of the employees. As Belkis outlines, under-negotiated or poorly consulted changes can cause serious adverse effects. This caused a serious increase in workload for employees and therefore decreased their well-being, energy levels, and work satisfaction...
Introduction Currently, the LEGO ® Group is a global enterprise that has taken the place of the largest toy manufacturer. General income and operating profit have been steadily increasing in recent years, even despite the driving force of the digital industry in modern realities. Even the secondhand Lego market is...
Human resource management (HRM) is a crucial part of any business venture. It can be viewed as a process and activities relating to staffing, training and development of employees, performance evaluation, and compensation (476). Each of these areas of HRM is key to the efficient functioning of global business. Specifically,...
Introduction Being an RN at an NYS OMH inpatient psychiatric facility, I have learned a lot about the existing HR practices and can identify some of their benefits. Once the applicant is hired, they have several background checks (including blood tests, fingerprints, and others). This rigid control ensures that the...
Henry Mintzberg identifies ten key roles performed by managers of firms in his works. One of the first roles is a “figurehead,” which characterizes a manager’s legal, social and ceremonial functions and duties. In this case, a leader symbolizes authority, power, and high status. As a rule, subordinates see a...
Introduction Family-owned businesses (FOBs) have played an essential role in the evolution of business and continue to do so now. FOBs can be small, medium-sized, or huge businesses. The family business is the most common type of ownership model in the world, and it has a considerable effect on the...
Servant leadership is a type of leadership in which the leader prioritizes the needs of the followers first. For instance, the leader constantly checks up on the followers or guides them on gaining the skills they need, even if they may move on. The followers should feel that the leader...
I do not think there are too many retail stores in the New Jersey area or the United States. The development of modern society aims to instantly satisfy the individual, which also includes easy access to affordable products they want. Moreover, innovation and creativity develop and are introduced into society...
Almost every successful organization allows its employees to work in groups as collaborations may increase the performance of different projects. According to Driskell et al. (2018), it is a cooperative group of people where every participant strives to achieve the same goal. When all members can create a positive atmosphere...
Since almost everyone is now accessing the Internet, employers are utilizing potential candidates’ online presence to determine suitability for employment. Oliu, Brusaw, and Alred (2021) are advising job seekers and current employees on the best strategies to manage their online presence. Recruiters constantly scrutinize any content posted by or about...
The article analyzes the ways of operational management in large organizations, whose deliveries must be regular worldwide. Thus, using the example of Zara and Kohl stores, the author analyzes the most effective strategies that allowed companies to realize themselves as profitably as possible for production. The managers of Zara attempted...
Risk management is a system that includes management strategies and tactics to achieve key business goals. The purpose of risk management in the field of economics is to increase the competitiveness of economic entities by protecting against the implementation of net risks (Segal, 2022). Risk management in an ideal organization...
The importance of cultural dilemmas in stakeholder negotiation and conflict resolution is determined by the fact that people traditionally communicate with each other within the framework of their cultural values and beliefs. Culture impacts all spheres of human activities, and its aspects strongly affects people’s behaviors and perceptions. At the...
Today, many public and private organizations demonstrate a high level of management and leadership, and Amazon is one of the best examples in the business field. Its founder, Jeff Bezos, has already proved himself an effective and mature leader who could achieve multiple goals and properly motivate many people with...
Introduction Sustainability seems to be a buzzword everyone uses nowadays. Whenever I scroll my feed on whichever social media, I am reminded of how much of a grip this concept has on society today. Forbes, Wall Street Journal, The Atlantic, and other globally prominent publications educate a large sum of...
Proposed Research Topic Strategic alliance of Apple and Google at the height of the pandemic: Well-developed step or striving to save lives? Overview of the Project The Research’s Direction This research will focus on the strategic alliance of two well-known companies, Apple and Google, deciding to unite their efforts at...
Introduction The Satyam scandal is considered one of the largest corporate fraud cases in Indian history. At the time of the scandal, the firm was India’s fourth-largest company in the IT industry. One of the attributes of Satyam’s success was its corporate governance. In 2002, Satyam was awarded the “Golden...
I am happy to announce the project that our team three developed to propose a retreat team-building event for the company’s employees. Team building is a collective practice that promotes a positive, effective, and productive working environment. Individuals learn how to develop healthy habits associated with collaboration-based approaches, including understanding,...
Presently, a majority of corporate governance is faced with insufficient Environmental, Social, and Governance (ESG) Oversight and Disclosures. Consequently, there is an urgent need to promote the right culture that will promote the above agenda in the institutions’ core business. Ideally, there are several ways of achieving the vision in...
Introduction A charismatic leader can influence people through their ability to communicate, persuasion, and charm. Every captivating leader is unique in their appearance and in the manner in which they operate. This makes it possible for such leaders to influence their subordinate to embrace a particular desirable pattern of operation....
Introduction Hiring a specialist is a typical process in the life of a growing company. The more the firm itself expands – the more challenging the tasks become. For this reason, genuinely professional specialists are promoted because they have experience in any company and a general understanding of their business....
Introduction The issue of minimum wage in our country has always been very acute. And now, many politicians say that soon, wages will become even lower, which means that the minimum wage rate may also fall. While some people have the opportunity to regularly fly abroad, buy real estate and...
Imagine You is a non-profit organization dedicated to volunteering to help the unemployed and those looking for a new career. The company’s operations include a variety of seminars, networking opportunities, courses, and training in job-critical skills such as computer use and effective interviewing. As the CEO of this company, we...
Summary It could be seen from the conversation that Tyler demonstrates some good leadership skills. When speaking to Gus, Tyler makes it apparent that he has to communicate with Gus about his interactions with the other employees at the organization. Gus’s job behavior appears to be inappropriate and intrusive to...
Background of Coca Cola With a 19-percent increase in perceived brand value to approximately US$36.2 billion by 2019, Coca-Cola retains its place as the world’s most successful brand. In the U.S., Coca-Cola took over Disney’s leading position, which fell to fourth place with an index score of 89.7 after its...
Several decades ago, the career of people talents analytics was unknown. While numerous organizations focused on their overall teams and productivity and efficiency levels, little attention was paid to individual employees and their strengths and weaknesses. Nowadays, people talent analytics is mainly applied by Human Resource departments since it provides...
All companies have their own level of labor productivity. Changing this level over time shows performance dynamics. Under the influence of various factors, the dynamics can change in a positive or negative direction. However, there is no doubt that the development of production occurs with an increase in productivity (Martini...
Positive leadership conduct drives teams to be more productive and helps them achieve their objectives. It also aids in the retention of top talent within departments where team members cherish collaborative opportunities. Admiral McRaven’s speech during the Austin 2014 Commencement Address for the University of Texas points out several behaviors...
Summary and Business Activities The ship had to start its work during economic decline when the United States dealt with the consequences of the 2008 financial crisis. Managers were aware of certain risks but initially received good feedback from customers. The clients were mainly US citizens, although the company wanted...
