11002 samples of this type
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...
Lockheed Martin is an American aerospace company employing over a hundred thousand employees. As a part of the company’s ethics and diversity program, a document was published called Setting the Standard detailing Lockheed Martin’s code of ethics and business conduct (Setting the standard, 2020). However, some argue that a company...
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...
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...
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...
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....
Introduction Leadership and management theories have helped form and shape the way organizations are governed. However, these theories are different and can be applied to achieve different organizational purposes. For example, transformational leadership is one of the classic theories where leaders motivate their followers by increasing self-efficacy (Yukl & Gardner,...
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...
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...
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...
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...
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...
Market Description Over the years, the WDTC and organizations in the media and entertainment industry have integrated AR technology into their systems, allowing their customers to enhance their experience using 3D realistic viewing. Therefore, our proposed product innovation is dynamic and competitive as it will rival some of the best...
Executive Summary The discussion focuses on the moral dilemma of staying or leaving an environmentally unfriendly company. It was found that Kant’s categorical imperative and ACS Code of Ethics imply that the former option is ethical. The decision-making model of Beemsterboer and Velasquez identified seven steps to come up with...
This paper responds to the questions regarding online firms such as Amazon and brick-and-mortar retail stores. The paper looks at the specific advantages of Amazon over brick-and-mortar retail stores. The answers include brick and mortar retail stores’ responses to the online shopping competitors. The possibility of an “even playing field”...
Introduction This report describes a new virtual reality headset that will bring an innovative experience to the customers. Instead of projecting the picture to one’s eye, it will project the image directly to the brain creating a dream-like experience. The value proposition of the concept includes four key characteristics. First,...
Client Introduction Michael (not his real name) is a young man aged 27. His dream is to launch a digital business in the near future that will offer online services to the targeted customers. Michael is charismatic, has leadership competencies, and remains enthusiastic. He is self-driven, engages others, and has...
Introduction Expo 2020 is the continuation of the World Expos that started more than 170 years ago to provide a platform for showcasing the world’s greatest innovation and creativity in various industries. As such, Expo2020Dubai, hosted by Dubai in the United Arab Emirates, where innovation is a pertinent factor in...
Contemporary Management Theories The first stage in the development of management began in the early twentieth century and is associated with the teachings of Taylor after the publication of his book the Principles of Scientific Management, in which he first considered the scientific approaches and principles of building a management...
Introduction Organizational leadership is the most fundamental factor that influences all aspects of companies. Leadership is a managerial function instrumental in directing resources for organizations to enhance efficiency and accomplishment of set goals and objectives. Therefore, leaders strive to provide their followers with clarity of purpose, guide, and motivate them...
The retail and furniture trade are an essential part of the global economy. The furniture industry consists of the production, distribution, and retailing of residential and commercial furniture items. This market also includes additional products such as mattresses and home furnishings. The industry is able to combine new technology and...
Example Suggestions for improvement The manager of an IT company gives a negative performance review to one of the employees. He focuses on the person while giving feedback on his poor execution of the given task. The manager is confrontational and uses character-related and judgmental vocabulary such as “you are...
Nike corporation has become the absolute leader in sporting goods since the brand’s creation. However, the number of Nike products’ users is limited by the number of citizens living on Earth, their demand, and their budget. Due to these factors, the company has both positive and negative prospects for 2022....
Introduction GlaxoSmithKline LLC (GSK), a London-based multinational pharmaceutical company, was involved in a whistleblower case in 2011. The two whistleblowers, Thomas Gerahty and Matthew Burke, who formerly worked for the company, provided the United States government with valuable information about various corrupt malpractices of GSK. According to these witnesses, GSK...
Most people could argue in support of the old saying that no one knows what the future holds. However, David Snyder has spent his entire profession trying to prove and discover that the prediction concerning the future can be calculated despite the predicament. Snyder, a futurist, based in Bethesda, reports...
Introduction A compensation strategy can be defined as the organization’s approach towards compensating its workers in terms of pay and benefits. A strong compensation strategy is vital for any organization within any economic sector. It is key in retaining and attracting people with appropriate skills, talents, and competencies to ensure...
Introduction Tesla motor is a firm that deals with advancing, manufacturing, and selling the technology of definitive electric automotive and power train components. The company was founded in Silicon Valley in 2003 by Martin Eberhard and Marc Tarpenning to create electric cars. It was the first firm to commercially produce...
PepsiCo Inc. is a multinational food and beverage corporation. It is to have multiple brands in various parts of the world. Its numerous brands market and distribute products in over 200 countries and territories. Frito-Lay is a North American company that sells branded snack foods, such as Cheetos cheese-flavored snacks,...
Competition in the CSD market is fierce between the two Cola giants. The carbonated beverage market is an oligopoly, with only two key players on the standard board. Both companies pursue their policies through vertical product integration, non-price competition and distributions. Product pricing is also influenced by the geography of...
Growth financing is an important topic of consideration for managers since in order to continue the development of a business, one has to find the resources that will support this growth, which is a dilemma that EduSoft has faced. Evidently, to obtain money for the growth of a firm, the...
As part of this critical essay, it is required to propose a plan of action in the context of a brewing litigation conflict between the two companies. Sterling Co., which suffered heavy losses due to an error in the production of a component company, must decide whether to take the...
The measures used by companies for metrics vary depending on the environment and its requirements, and their effectiveness is determined by these factors. In my current workplace, the preferred approach to the task is interval since the grades of students are the main criteria that draw the attention of the...
Among the many strategies for digital marketing, search engine optimization (SEO) appears to be consistently superior to others. First of all, it is not as costly as most other methods (Khorev, 2020). Secondly, it is not as intrusive as e-mail marketing and not as irritating as ads, especially pop-up ones...
Introduction The emergency management system is a complex regulatory component that necessitates multidimensional work on numerous government entities to prevent, prepare for, respond to, and recover from disasters (Dorasamy et al., 2017). In order to build a model for analyzing the business and functional features of emergency guidelines, this document...
As my desired career field is Human Resources (HR) management, I am highly interested in becoming a director of human resources. This position entails planning, developing, and implementing HR initiatives in a given company, promoting the achievement of personal and team goals by the employees (Career Builder, n.d.). HR directors...
A person comprehends the outside world through receptors that transmit signals to the brain, which form reactions, including a purchase decision. In most cases, impulses from nerve endings are processed in the head at a subconscious level. The traditional marketing strategy does not work in situations where the person himself...
Introduction Risk is defined as the probability that the actual outcome will vary from an anticipated outcome or returns. Some or all of the initial investment might be lost due to the risk of losing money. Organizations set up procedures for analyzing the risks related to the nature of their...
The consumer decision-making process can be broken down into five stages. For organizations selling high-engagement products, these processes are more pronounced (Chaffey and Smith, 2017). The first stage involves recognizing the need for a purchase, and it is entirely based on the buyer’s wishes. For example, constant image advertisements for...
Advanced advertising is impressively more affordable than other promoting strategies. Any progressive brand that needs to excel in the current business environment should embrace digital marketing investment strategies as a feature of their general procedure (Chen et al., 2017). On the off chance that the item is viewed as a...
On my LinkedIn profile, the key abilities, achievements and experience are emphasized. I strived to provide the most complete and thorough information that will allow to efficiently and quickly assess and contact me in the event of interest in my professional qualifications. The headline I’ve provided is a short introductory...
Human resource management or HRM at Starbucks is highly interesting due to its unique and untraditional HR strategies. It is important to note that the company primarily utilizes strategic HR, which allows it to be transformational, proactive, supportive, integrated, and organic. Starbucks’s overall strategy is centered around the element of...
Introduction For a company to function effectively in the target business setting, it is vital to coordinate key corporate processes and different aspects of the firm’s functioning. Specifically, the structural, political, symbolic, and human resource-related frames should be considered as the key tools for characterizing the properties of a company....
Organizational planning is an essentially significant process for every company. It consists of several steps, including the definition of the firm’s reason for existing, setting purposes and objectives that will allow the company to reach its full potential, and then creating tasks to reach those purposes (Allison & Kaye, 2015)....
A manager-employee feedback system is an invaluable tool in enhancing the performance of a company. In most scenarios, a feedback gap exists between the manager and workers, especially when the former is high up in the hierarchy. Nevertheless, several managerial strategies can be implemented to close this gap. Creating a...
Executive Summary In this digital audit marketing report, I have applied the 7Cs framework to Shake Shack, an American chain of fast-food restaurants. I focused on revealing strengths and weaknesses in the following aspects: corporate culture, convenience, competition, communications and content, consistency, communication, and customer journey. I have examined Shake...
Introduction Kent Chemical is a multinational company headquartered in Kent city in the U.S. state of Ohio. The company started as a producer of rubber and later shifted operations to producing plastic additives and chemicals (Bartlett & Winig, 2012). Due to the expansion of Kent’s overseas businesses, Kent’s operations shifted...
Many companies make outsourcing or in-house decisions primarily to reduce headcounts and costs. Mainly, companies consider different types of expenses involved in creating a product and service, including monitoring, transactional, labor, waste disposal, and storage requirement costs. International and local organizations adopt the outsourcing strategy if obtaining goods and services...
Corporate governance, design, and government regulations are important aspects of a company. Organizations that adhere to industry regulations and with good corporate governance culture always succeed. In contrast, a poorly designed company with lax government regulations can fail. Government regulations ensure that firms align their operations with community and shareholders’...
Introduction The business context of focus for this discussion is SpaceX’s strengths and weaknesses. According to Pandya (2017), the United States is SpaceX’s primary customer with 23 launches. The company has launched various spaceships in its different missions, including geostationary transfer orbits, communications and weather satellites, human remains ships, and...
An organization’s outputs and outcomes and the expenses and effectiveness of achieving those goals are included in performance information. Since past results contain inefficiencies, budgeted performance is a better indicator of actual results than is past performance, which may be recognized and addressed in budgeting. Furthermore, future situations may be...
The role of decision-makers during a crisis cannot be ignored because they give strategic direction. They work to ensure that the crisis is managed effectively when it occurs (Okoli & Watt, 2018). For example, a crisis manager assigns roles to various stakeholders after assessing the crisis. They also determine how...
Introduction Choosing an appropriate marketing strategy is particularly crucial when starting a new business that needs to win its first customer and retain them. A restaurant with a starting capital of $50,000 is bound to face intense competition from many similar small businesses, and, as such, the choice of the...
In today’s conditions of market globalization and a highly competitive environment, businesses are forced to adapt their operating models to withstand competitive pressure and operate sustainably to address the interests of as many consumers as possible. Successful companies that have implemented their international plans enter the global market and become...
Modern methods of construction (MMC) is a competitive area of research that defines contemporary standards and techniques in the construction industry. Some of the relevant factors that obstruct the industry in the UK and the analyzed company (Caledonian Modular Limited) are digitalization, thorough observation of the trends, and application of...
Introduction Most organizations establish learning cultures to capitalize on the departing employees to pass knowledge on to the current workforce. A learning culture helps organizations build a workforce with the correct knowledge and expertise, thus enabling seamless successive planning. Organizations always establish outstanding cultures that allow knowledge to be shared...
Summary The paper aims to study the co-creation trend and explain its benefits in the marketing area in particular; the target includes marketing professionals. Research in this field is required to determine ways to support a firm’s success through customer co-creation. Essentially, the study is based on secondary data analysis....
Zara is a fashion design and manufacturing corporation in Spain founded by Amancio Ortega Gaona. Zara started as a wear shop and developed to be the most successful and recognized brand in the fashion industry, with over 63,000 stores globally (Murphy, 2021). Zara was included in the public offering in...
The pace of development in the technology industry is high, which defines the need for up-to-date information regarding threats for executives to make informed strategic decisions. In particular, economic risks for organizations engaged in global trade are essential to consider. Generally speaking, this category of threat refers to risks associated...
Nike is a famous brand in the present world because millions of people throughout the globe wear its products. In addition to providing consumers with clothes and accessories, the brand also affects individual self-identity, and I can confirm it using a personal example. I can state that for me, Nike...
Management and leadership are frequently thought to be terms that are essentially interchangeable. A manager is described as someone who assumes charge and is responsible for directing, administering, and seeing that events happen and operate as they should (Leroy et al., 2018). On the other hand, a leader may be...
Creon’s portrayal of Athenian power and leadership tells us that for anyone elected to be a leader, his mind, his soul, and his will are aligned with the throne’s purpose. In other words, what the leader intends for his country and the people must be reflected in the skills he...
Strategic Role of HR in the Organization The human resource department plays a very crucial role in the management of an organization’s workforce. HR recruits the right candidates, trains them, motivates them, and administers performance appraisals to them. These functions are not easy as they require strategic approaches. Human resource...
Managing nonprofit organizations means engaging with internal and external stakeholders. Cooperation with investors and partner organizations determines the need for strategic planning to meet their interests. On the other hand, the target audience and paid staff need a well-coordinated in-house optimization mechanism to create a corporate culture. Thus, Impact Group...
Society perceives business as a limitless field for making money and gaining social coverage. It is partly rational, but some enterprises are created to solve more global problems without a financial background. Impact Group is a nonprofit organization committed to improving students’ quality of life and providing them with educational...
Introduction Opening a restaurant business is one of the complex tasks that have several specific features. Having started opening a restaurant, owners must consider many factors and possible events that will help them start a successful business launch. Therefore, a start-up business should take into account a wide range of...
Introduction The Yang Sing Hotel provided custom-made superior services and accommodation at premium notwithstanding market-monitored rates. Customer feedback and online reviews implied that Yang Sing exceeded the client’s expectations and conveyed the administration’s promise of conveying service levels that customers have never witnessed. The feedbacks of guests concerning late accommodation...
Introduction Any start-up demands a precise organization of a code of ethics that all representatives of the organization will follow. In an era of sharpened competition and a crowded market, it is essential to increase customer and employee trust and constantly enhance the quality of service. It is achievable only...
Performance management is an area of execution, which benefits may not be obvious at the project planning stage. Nevertheless, it potentially may bring rapid and high-quality project development. One of the incentives to increase productivity is competent communication skills. Before the team gets to work, a successful communication plan must...
The emergence and spread of Covid-19 in the past two years resulted in massive global disruption of economies and business and it also revealed the fragility of universal supply chains. The fragility displayed by the emergence of Covid-19 can be linked to the sudden scarcity of resources, disruption of production...
Systematic and Unsystematic Risks A company’s activity is always associated with a specific set of potential risks. The term is defined as “the potential of losing something of value,” and there are two categories of risks: systematic, which are associated with the vulnerability to various events that can negatively affect...
Every occupation has its code of ethics that expounds on the importance of professional honesty and integrity. Ethical standards are paramount because human society consists of a complex interconnected web of mutual dependence. Without a basic level of trust and personal integrity, human organization on a mass scale would be...
Finance Managing costs is one of the best ways of ensuring that a firm can charge a competitive price on its products without compromising on its profitability. At The Shetland Wool Company, the managing director has to take into consideration the conflicting interests of the sales director and the finance...
Introduction Remote work became widespread in the time of the COVID-19 outbreak and presented many prospects and challenges. Fortunately, the Internet and technologies allow working remotely almost in all job sectors. On the one hand, remote work provides more autonomy for workers and saves money without paying for the office’s...
Executive Summary Achieving a sustained market growth is a major challenge that requires understanding of various factors that affect a firm’s operation. In this business plan, the focus was on a hobby store that seeks to achieve growth beyond the current market. The report discusses how this firm should prepare...
Samsung is a very well-known smartphone brand with a long-standing corporate history and culture. In general, marketing plan objectives for any firm incorporate short-term aims that contribute to the achievement of long-term goals (Wood, 2017). The focus for such practices is external relationships and internal activities. However, as Samsung plans...
In many cases, users find the request they are interested in on the first or second search results page. Finding a site in the top search results for queries significantly affects the amount of traffic attracted to the site (Chaffey and Smith, 2017; Kingsnorth, 2019; Moore, 2021). Therefore, many site...
Digital marketing is an essential process, and businesses should draw sufficient attention to maximize their benefits from it. However, not all organizations manage to succeed with the task, and typical errors exist. Digital marketing mistakes include spamming, focusing on traffic rather than on customers, overpromising, ignoring social trends, and overusing...
Organizational citizenship behavior defines workers’ voluntary and optional practices that encourage effectiveness. Among the different dimensions of organizational citizenship behavior, help giving has drawn a considerable magnitude of intellectual consideration since it highly predicts successful practices in an organization. Attributable to its significance, three extensive research paths have emerged in...
Introduction Emirates Airline has developed an award-winning loyalty program alongside Flydubai. The intention is to change how customers experience the world by offering them a chance to win miles when they purchase tickets and deciding how to spend them (Emirates, n.d.; ALL, n.d.; Saleh, 2021). The customers earn reward miles...
The first model that is necessary to discuss in regards to promoting the usage of highly-involved products is the on-demand approach. It implies that customers desire to receive certain commodities or services immediately and without delay (Taylor, 2018). For instance, Tesla recently cooperated with the Luxe company to deliver parking...
Introduction OneEarth will operate as a sole proprietorship offering landscaping services to suburban communities in Oregon. The sales strategy will entail initial personal selling to create brand awareness and elicit referrals. Later, media advertisements will be used to market the business beyond Oregon. OneEarth will achieve a strong competitive position...
Establishing a successful business enterprise requires a clear plan for its operations, setup, and running personnel. The Human resource sector plays a crucial role in managing employees in recruitment, training, supervision, and payment. The base pay structure is an essential component that must be set up with proper considerations. The...
CVS Pharmacy is a company selling medications and providing the population of the USA with health services, having more than 1000 retail clinics and nearly 10000 drug stores in America. It has online branches and a crucial digital presence in the USA. The strategic plan of this firm includes opening...
Collecting information and making an adequate decision based on overall data requires recognizing the stakeholders and holding all the necessary knowledge. Rogers (2021) states that for educational institutions, the stakeholders are usually principals, administrators, and teachers. They serve as primary sources and collectors of all the necessary information about the...
Most large business companies have a Code of Conduct, which describes the ethical rules for their work. Such documents most often cover the legal aspects of doing business and ensure that new trends that do not yet have legal regulation cannot harm society (Abdul Rahman et al., 2020, p.1192). These...
In the highly competitive and dynamic global business environment, it is imperative for organizations to take risks, continually seek opportunities, and exploit new ventures to acquire a sizeable market share and ensure their survival. The understanding of how firms act enterprisingly has primarily focused on how companies identify and seize...
Project cost and funding mix The World Bank Group (2018) asserts that Azura’s $876 million financing involves $190 million of equity and $686 million of debt from a consortium of local and international financiers. According to the World Bank Group (2017): The tranche of commercial banks, including Standard Chartered Bank,...
The action plan for the product export covers the three initial stages of bringing the product to the new market: research and development, online retail and marketing, and offline retail. The first steps of stages 2 and 3 can overlap with the last steps of previous stages. The progress will...
The development process of any organization, both commercial and public, depends on management and the correct allocation of resources. However, contrary to popular belief, such breakthroughs do not happen overnight. Although from the outside, such changes may look like a revolution, from the inside, this process is carried out step-by-step,...
Introduction God. Many people yearn to lend our maker but lack the chance to do it. That is why Brittany’s Hope is there to offer help in touching souls around the world. The non-profit believes in integrity, honesty, fairness, love, and above all, accountability. Brittany’s Hope operates as one of...
Team performance is a crucial aspect of any collective work and can be a difference between success and failure. Team-building is, therefore, an important component of organizational work that requires sufficient attention on the leadership’s part. In the globalized contemporary world, with the personnel often coming from different cultural backgrounds,...
Introduction to Problem Decision When organizations experience issues in performance, the lack of engagement, and high turnover, managers are tasked with the challenge of boosting achievement and improving organizational effectiveness. In the organization in question, Open Access Inc. (fictional name), the company decision that was made concerned the introduction of...
Efficiency is of the utmost importance in any organization, and few organizations have as much at stake in this regard as the military. Unit readiness, which refers to the unit being prepared to fulfill the missions that may be assigned to it, is the crucial aspect of efficiency. Missions assigned...
Introduction Any company has many areas of activities, such as marketing, finance, business, and supply chain management, that require consideration, support, and development for the successful operation of the business. As a worker in the hospitality industry, I understand the need to study these areas in detail to apply them...
Major online stores and service providers, such as Amazon, Tinder, and Spotify, excel at taking significant portions of their respective markets through disruptive innovations. They have shown that success in the digital market lies in delivering new experiences and adhering to a customer’s tastes (Business Disruptors, 2017). In this paper,...
Time has become the main goal in today’s rapidly developing world. Technological progress gives people the opportunity to distribute it economically and intelligently. One of the tools for this is taxi services, which have become widespread in society. One of the most successful companies providing services for the transportation of...
Abstract In the recent past, technology has advanced greatly, and every business is looking for a way to automate its activities. However, the advancement is associated with job losses since machines replace most activities performed by humans. This paper will qualitatively assess the effects of automation on the accounting profession...
Project cost and funding mix Abbott (2018) states that Loy Yang B is a 1,000-megawatt plant with two 500-megawatt units. The state government of Victoria offered for sale a 51 percent share of Loy Yang B, a A$2.4 billion asset. Loy Yang B sale was made to Mission Energy. The...
Leadership Virtues Questionnaire focuses on several virtues when approaching ethical leadership. According to Riggio et al. (2010), LVQ evaluates leadership virtues while looking at awareness and self-discipline skills. Prudence is one of the virtues, which entails the wisdom that enables an individual to ensure a balance when handling two extreme...
Nowadays, there are many companies with a significant turnover of both employees and income. No wonder that for these companies, truancy level is an important factor that needs to be monitored and improved. Excessive absenteeism negatively affects the overall workflow and the level of profit and business efficiency. One of...
The Hong Kong dairy market is shifting from cow’s milk to plant extracts with fewer calories due to the high prevalence of lifestyle diseases and health concerns (Wu, 2020). Coconut milk contains only one-third of the cow’s milk calories and therefore serves as an antidote to the dynamic dairy market...
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...
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...
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...
By definition, teamwork refers to a group’s collaborative effort to attain a specific objective or accomplish a task in the most efficient and effective manner. In the current world, teamwork plays an important role, especially in heightening efficiency and quality, determining firm governance and strategy, launching and designing products, and...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
