11337 samples of this type
Introduction The ability to design and maintain resilient supply chains is one of the key requirements in logistics and distribution to remain prepared for unexpected events and be capable to quickly restoring to normal operations. Particularly, it is important during pandemics, when countries are not affected on the same scale,...
McDonald’s is among the largest fast-food chains in the world. The global organization is present in about 120 countries all over the planet. Even though its leaders take proactive steps to create decent working conditions for their employees at all levels, labor issues often arise. The company has recently faced...
Introduction Global Tea was founded in 1985 in Los Angeles by three sisters who shared profound love for fine teas. Tea and More (TAM) outsourced the tea business and experienced challenges of unreliability and shipment sizes. Although the company registered success in the early periods, poor customer service, low brand...
Introduction The success of any business firm depends on the level of leadership involvement and the willingness to respond to the changing economic times. Companies that fail to focus on emerging forces, formulate proper models, and address identified challenges find it hard to achieve their business aims. Organizational theorists propose...
Introduction The current report evaluates the financial position of Ford Motor Company, USA. The report will utilize a number of financial ratios in order to understand the profitability, cash flow, earnings, and financial risks associated with Ford Motor Company. The assessment will rely on the organization’s financial statements for the...
The John Rhodes Community Centre Pool is a facility popular among the residents of Sault Ste Marie. Nevertheless, the location still experiences a variety of issues and especially with the attendance, which can be significantly improved. Currently, the pool has to implement seven key recommendations outlined in the memo to...
Introduction Tokyo is one of the biggest cities in Japan. It is a city that is dominated by numerous business activities making it densely populated. People travel from far and wide to come and settle business deals in the city. The need for people to transact businesses in the city...
Introduction One of the first challenges faced by the human resources (HR) department is redesigning the vision and mission of the company. The HRM department is directly involved in the vision and mission statements since they should be further shared with the rest of its members (O’Connell, 2021). Therefore, this...
Introduction Brazos Valley Food Bank, situated in Texas, is currently dealing with various non-profit sector issues, including the operational challenge of seasonal food availability. The study indicates that the food supply was inconsistent during summer. The organization’s second challenge was the operational inefficiencies caused mainly by the old manual distribution...
Leadership and Storytelling Engaging and inspiring are two of the most prominent and challenging leaders’ responsibilities. Although leadership is far from being a new concept, it gained considerable interest among researchers relatively late. As a result, tools, and strategies that help leaders perform the functions came into focus. Storytelling is...
Amazon is one of the largest companies in the world, with a net worth of over $1 billion. Operating in a number of countries, it serves as a marketplace where goods are sold and delivered both directly and via third-party sellers. The company was started relatively recently, and its rapid...
Policies are crucial in the workplace because they help clarify the expected employees’ standards and help the employer manage the staff effectively. The hourly policy requires employees to be paid every sixty minutes, while pay-for-performance is whereby workers receive their pay based on their productivity (Petersen, 2019). It is essential...
Key success factors for makers of ladies’ handbags and leather accessories. The company needs to consider the needs of this particular market segment. Women are people who are known to be sensitive about the quality of products they purchase. Therefore the first success factor concerns quality products. Maintaining the required...
The ABC company I am establishing is a sole proprietor, which is the most common and arguably the most universally fitting business structure among American companies. In this case, I, the head of the company, would be solely legally responsible for the decisions taken within it, as well as its...
This proposed project seeks to address the need for a cloud-based to be used by PHI Engineering Design. Cloud technology has gained popularity following its use of services that are not physically located in the business environment. Like any other company, PHI Engineering Design would not like to overrun budget...
The role of planning in business cannot be underestimated since it helps to prevent a range of negative outcomes from taking place. Specifically, business planning allows one to avoid an array of risks, including the ones associated with finance and the outcomes of their mismanagement when starting entrepreneurship (Ferreira et...
According to Dowling and Welch 2007, there are 4 Multinational entity approaches, namely ethnocentric, polycentric, geocentric, and egocentric. The ethnocentric approach indicates that the decisions are made by the PCN, and the key positions can be held by the personnel from the headquarters. It has many advantages, like it makes...
Luxury fashion stores in Dubai are fashion hubs where customers can get affordable design items under one roof. There exist over 1000 luxurious shopping outlets that offer the same things to customers. Some of the most renowned luxury stores include Mall of Emirates, Brand for Less, MarkaVIP, The Luxury Closet,...
Introduction The literature review was conducted from publications that are not older than 2016 to reveal that third-party logistics providers can improve the aviation industry’s supply chain. It stipulates the advantages and Future of the partnership of the 3PLs and the aviation industry’s chain supply. The topic is essential because...
The aim of this report is to evaluate the appropriateness of AIG’s strategic proposals, as well as the justification driving its current strategy, with recommendations and considerations based on findings. The information provided will be based on independent evidence and research into the organization. The analysis will be based on...
Accounts Receivable Collections The account receivables for the company seem to be increasing year on year, which indicates that their clients are increasingly paying on credit. It also shows a rising trend that could impact available cash flow (Marshall et al., 2020). Another crucial dimension of the accounts receivable is...
Purpose of Negotiation The purpose of negotiation is to improve the price for the negotiated product. Desired outcome The desired outcome presupposes the increase in the price for an item sold by the company and the attainment of higher revenues. Pertinent information The negotiated product has outstanding quality and almost...
Target Corporation is currently the eighth-largest retailer company in the U.S. The retail format of the corporation currently includes discount stores under the Target name, SuperTarget hypermarkets, and a number of other small-format stores. A number of external environments affect the operations of Target across the country. Economically, Target is...
Introduction The two crashes that involved the Boeing 737 Max plane led to investigations that showcased the shortcomings in the actions and operations of the Company. After the grounding of the jet, there are several; lessons that the organization was able to learn from the investigation carried out by the...
Brief Overview The whole world has witnessed dramatic changes because of the COVID-19 industry, and the café industry is not an exception. Before the crisis, such organizations were places that allowed various people to come to eat and spend time with pleasure. Today, the situation is different because the coronavirus...
The corporate governance code for regulating the activities of small and medium enterprises (SMEs) in Dubai, the United Arab Emirates (UAE), was developed by Dubai SMEs in 2011 (Shehata 2015). Dubai SME in association with the Department of Economic Development formulated nine pillars as the main corporate governance principles in...
Before discussing the current organization and the type of communication that is most characteristic of it, it may be crucial to gain more insight into the essential differences between tall and flat organizational communication variations. When an organization is defined as “tall,” communication is rarely established directly, as there are...
Workplace sexual harassment is a safety issue because it leads to lasting mental and physical health problems. For example, women who have been victims of sexual harassment at their place of work have a higher likelihood of developing high blood pressure, which exposes them to the risk of heart attack,...
Abstract Recent trends influence the e-commerce surrounding as the current marketplace is consolidating, and appropriate business principles do not guarantee success. However, the traditional economy principles, such as turnover, cost-competence, and revenue maximization using the current asset, such as innovation, business process management, and partnerships, are being considered. E-commerce needs...
Knowledge exists in two different forms; tacit knowledge and explicit knowledge. Tacit knowledge is inherent in a person’s mind. It constitutes the individual’s competence and is hard to transfer to another person. Such information gives people and institutions a competitive edge if managed well, given that it cannot be copied....
An innovative company by definition has a well-developed system of in-house training that enables the personnel to update their competence on a regular basis. The process of hiring needs a proper organization as well, so that talented and dedicated individuals find the workplace attractive. Uber, the world’s best-known electronic taxi...
Introduction Nowadays, vehicle insurance is a crucial part of people’s lives. In the United States, numerous policies require drivers to have any type of insurance coverage on their cars. Therefore, this product is more often viewed as a nuisance and associated with adverse events. It might come as costly, unnecessary...
Introduction The contemporary world continually faces various challenges that are complex and interconnected and have to be managed effectively. Some of these problems include climate change, economic inequality, political tensions, quick industrial advancement, and poor health of the population (World Economic Forum, 2019). In addition to the fact that these...
Physical and emotional injuries may be caused to an employee or a customer based on the harassment behavior. The physical injuries can include those in the genital areas or all over the body. There are some of the other possible injuries, which are rape, psychological problems including depression, anxiety, and...
Summary After completing a sales training course, Sophie must fill in an expense voucher for the last week. She realized the significant issue that she could not include tips every person makes every day to service people in her expense voucher. She needs to decide whether to comply with accountants’...
This report describes the market research conducted on behalf of ABC multinational company planning to launch wipes with antibacterial qualities in the United Arab Emirates (UAE) market. Antibacterial wipes are pre-moistened towelettes that contain sanitizing or disinfecting substances such as alcohol or chlorine compounds which kill germs on surfaces and...
Introduction Coca-Cola is the most prominent foods and Beverages Company in terms of growth and global market in this industry. The company operates in over 200 countries in the world. Pepsi foods and beverages Company trails behind Coca-Cola in the global market trend currently. The Coca-Cola Company in Pakistan operates...
The organizational structures that form an institution, its processes, and policies shape its corporate structure frame. Specific operations of the institution, like its working schemes, services, and staffing, are entirely influenced by the pattern of the institution’s framework. However, due to unclear responsibilities of the employees, working relationships between the...
It goes without saying that being a large multinational corporation, the Coca-Cola company should constantly improve its strategies for stable development in the future. The Coca-Cola Company may be regarded as one of the largest and most renowned and successful beverage corporations across the globe. Taking leading positions in relation...
The importance of online marketing in a pandemic is becoming paramount. However, at the same time, the search-based advertising market is undergoing serious transformations. Search engines usually consider this niche of online advertising. In this case, Google consistently holds a leading position with a market share of more than 90%...
Introduction The present report aims at assessing the financial health of Intel Inc. in 2013. The report analyzes trends in key indicators of financial performance, including total revenues, gross profit, net profit, total assets, and total equity. The report also provides an analysis of liquidity, leverage, and profitability using relevant...
Organizations suffer from several limitations, including conflicts among employees, which limit effective operations. As employees interact at the workplace, they are bound to disagree on several matters. Although disagreements are the main cause of workplace conflicts, the struggle for power and influence is a significant impediment to organizational progress. Relationship...
The first of the five best segments of Carrollton is Country Squires, which consists of wealthy elderly people who left urban areas in search of quiet life in small towns. The segment is characterized by the increased interest in comfort and stability which can be traced in their habits and...
Introduction In this world that is full of opportunities and progress, the idea of transformation seems to be an integral component of any organization development. Despite multiple attempts to create an up-to-date company, employees and their leaders face the necessity to constantly change something and make sure that each step...
The entrepreneurial idea presented in this project is to create a multifunctional mug for travelers and hikers that combines the functions of the organizer for cosmetics and the several-layer cup functions. Several segments inside the cup will pour various beverages into it simultaneously into the divided sections. It might also...
The hospitality business is a complex and multi-component economic environment. For the effective functioning of such an enterprise, it is necessary to consider many factors. To better understand how such a business can function, it is essential to review this area using a specific example. This paper aims to examine...
Introduction The quality of the recruitment process closely relates to the overall performance of the company. If an HR manager succeeds in hiring professional, experienced, and well-educated employees, then, without a doubt, an organization will flourish. A hiring manager should develop an effective recruitment plan that is a strategy for...
Introduction A proper and effective risk management culture is significant for every workplace. Researchers have studied the essentials of such a culture for centuries to provide companies with practical procedures for developing effective risk management protocols (Hofmann, Burke, and Zohar, 2017). This research focuses on answering the question: What are...
There are two types of distributions channels: indirect, which includes a chain of producer, wholesaler, retailer, and customer (sometimes without a wholesaler), and direct, which cuts of the intermediaries. Recently, I have purchased a portable fan via Amazon due to the high temperature in our house. My parents wanted the...
Introduction People produce various things, both useful and entertaining, material and non-material, practical and creative. One can distinguish cultural and creative artifacts among all these products. Cultural artifacts can be defined as items that reveal valuable and useful information about the society that manufactured it or used it. For instance,...
The problems that occurred in AlternativeSource Inc. (ASI) include internal conflicts between team members, the lack of cooperation from the Indian clients, issues of adaptation to the new environment, and questions on hiring processes. The root cause of the problems is that Jorge, their global team manager, was not introduced...
Apple Inc., formerly known as Apple Computers Inc., headquartered in Cupertino, California, is among the most valuable firms in the globe. The firm was established in 1976 by Steve Wozniak and Steve Jobs. Apple Inc. has to design, manufacture, and market its consumer electronic products and a range of computers...
Introduction Digitalization and other technological advances have made people’s lives easier and more comfortable. The business world also benefits from the use of technology as diverse operations can be carried out in a shorter period of time and more effectively. Electronic payment is one of the instruments people are utilizing...
Conflict avoidance is one behavior that tends to undermine my leadership performance. Its prevention is an intentional way of leading, applied to improve the performance and outcome of leadership. However, the causalities between conflict prevention and good governance are uncertain. Therefore, the deliberate implementation of avoiding conflict as an aspect...
Most workers in different industries are members of labor unions, which they use as a tool for ensuring better payments and working conditions. While unionization has several benefits for both employees and employers, it is also associated with various disadvantages. Unionization ensures higher wages and greater equality for the employees....
The company’s objectives, particularly financial goals are driven by the pricing plan, market trends, and business performance projections. For instance, the suggested prices are as listed below: Hoodies and sweatshirts – $60-$90 Joggers and pants – $80-$110 T-shirts (short- and long-sleeved)– $30-$70 Matching sets (short and long) – $100-$180 Year...
Financial activities are often associated with many risks that must be resolved for companies’ successful operations. Besides, at the moment, many large and start-up companies are trying to follow the emerging innovations. This essay aims to explore the reasons for this behavior, the propensity to innovate, and the maintenance of...
Selected Festival: Burning Man Issue #1 Weather: What weather challenge have you selected to plan for? Fire Is this a controlled risk or respond hazard? It is uncontrollable hazard A L A R P What could be the degree of harm that could happen as a result of this risk/hazard? The...
The primary indicator of evaluating the company’s performance is traditionally profit. However, in addition to it, there are other indicators of the company’s performance, which can be used to assess its prospects. One of the leading indicators is the cash flow indicator, which is widely used in economics. The two...
Executive Summary This document entails the OnePoint Software Strategic Marketing Plan, which is a new open-source software company that seeks to come up with a sophisticated operating system. Several companies have come up with suites that offer different computer packages; however, none of these make efforts to have professional products...
Background With the growth of Internet shopping, online business rivalry has increased, especially among the most popular websites in the USA, such as Amazon or eBay. These e-store sites offer a direct and quick route for producers or retailers to convey their merchandises more efficiently and reach potential buyers. E-business...
Short History of the Starbucks Company: Foundation The video “How Starbucks Became an $80B Business” describes the marketing strategies used by Starbucks throughout its history. Nowadays the sales of Starbucks account for 57 percent of the total coffee market, but it was started from only one coffee shop in Seattle....
Executive Summary Introduction Ten years ago, if one asked food and beverage executives about the US consumer’s future, few would have predicted how fast and relentless change has come. In their purchases – or lack thereof – Americans have contributed to abrupt landscape shifts, less a development than a historical...
Organizational structure refers to the system encompassing fundamental activities within a particular enterprise that define its operating procedures and routine rests, as well as the general hierarchy and authority within the organization. Within a broad range of organizational structures and collaboration types, it is crucial to adopt an adequate design...
The contribution margin per unit, total fixed costs, the breakeven point in units, and total expected profit The contribution margin per unit, total fixed costs, breakeven level, and total expected profit of Dewqas Limited based on its decisions of reducing the selling price of its product and installing new machinery...
Introduction Concepts of the corporate environment can affect the fluctuations in the stock market. This is reflected in a variety of examples. For insqance, the declaration of stock dividend for corporations may be revoked at anytime before the actual issuance of the stock. Unlike in cash dividend, a stock dividend...
Introduction Emirates Airlines also referred to as the Fly Emirates, is the largest airline company in the Middle East and the fourth largest globally. It is a subsidiary of the Emirates Group, with approximately 59,519 employees from 172 nationalities, and is owned by both the royal family in Dubai and...
Why Businesses Should Embrace Remote Work Transition to remote work has been a business trend even before COVID-19, but the pandemic forced organizations to adopt this employment type more rapidly and extensively. The study conducted by Felstead and Henseke (2017) shows that the percentage of people working mainly remotely rose...
Introduction Nonprofit organizations require strategies to necessitate achievements and goals to establish the growth and development of the organization. On profit organizations are facing multiple challenges in the changing rates of demands and other operational services. To fulfill this the nonprofit leaders must find attempts to establish organizations that can...
Business summary The Nike Company was incorporated in 1967 to run its operations; to design, develop, and market its products of athletic footwear, equipment, and services. Nike has then developed to be among the world’s best brands. The company markets its products through its retail shops all over the world...
New incoming students Cruzer micro is an outstanding device for information storage. It differs from the other devices of the same class by exclusively miniature sizes. This model allows to store and transfer large quantity of documents, images, music, and videos. Looking for an easy way to transfer and store...
Task 1 Continuous self-development is an imperative aspect of leadership that needs to be realized by every leader for proper management. Essentially, this process requires critical planning and self-awareness to realize one’s goals in any profession. As a system manager in a food manufacturing firm, workload planning is a major...
Executive summary American Airlines is the largest airline by passenger traffic in the world. A subsidiary of AMR Corporation, the headquarters of American Airlines is situated at Fort Worth in Texas next to Fort Worth International Airport. The organization operates intensive domestic and international air transport networks. The organization was...
Multichannel distribution is regarded as an essential element in today’s marketplace because it uses one or more sales approaches to reach target customer segments. The benefits of using several channels, such as the Internet, call centers, direct marketing, catalogs, and home networks, to increase market outreach include creating more ways...
In any company, people regularly interact with each other, which is an undeniably important part of the workflow. Proper communication allows people to see a common goal and understand each other’s needs and aspirations. Only through communication, employees of any company will be able to do something genuinely worthwhile together....
There are five stages in the process of buying a product or service (Rani 53). At the first stage, Problem Recognition, the client recognizes the need to purchase a product or service, either due to an internal (hunger, thirst, etc.) or external (advertisement, word-of-mouth, etc.) need. The second stage, Information...
Introduction Chain store creation has debilitated markets, eroded public character, and disadvantaged communities and traditional life. Furthermore, consolidation has minimized competition and could hurt customers in the long run. In contrast to the conservative wisdom, the decline of Small and Medium Enterprises (SMEs) is not inevitable, nor is it simply...
Generation Gap: Definition It is quite rare that a workplace setting is represented by one generation. Instead, most companies have a mixture of generations collaborating as a team. In the contemporary corporate environment, the presence of four generations (Baby Boomers, Generations X-Y, and iGen) is a common occurrence. Herein the...
In projects, some elements may fail to meet objectives or achieve their respective project targets. Identifying both items is critical during the project life cycle since they influence the overall outcome. The distinguishing of the entities that could go wrong or right in a program relies hugely on the risk...
Deming’s 14 principles were formulated by William Edwards Deming, an engineer and statistician, in the second half of the 20th century. They concern fundamental management values that facilitate productivity and quality in the organization’s operations. Per Lim (2019), they are as such: the constancy of purpose for improvement, adoption of...
This business plan aims to outline the project of manufacturing and selling one-seater electric vehicles for the market of Chile. This car has two doors on each side, one seat and a trunk, which can be accessed from the cabin. This car’s weight is approximately 900 pounds, and the dimensions...
Multiple machine scheduling stands for the assignment of tasks to machine elements of the system to facilitate performance and produce goods in a time and cost-efficient manner. I have learned that scheduling multiple paralleled lines of machines to produce complex results is standard procedure at the majority of production plants...
Signs Used in the Central Rat Race The Central Rat Race primarily uses three signs in its promotion. Following the event’s central theme, its primary sign is an animal mascot, the rat in business attire, and running shoes (Central Rat Race, 2018). This is complemented by the use of a...
The US society has always been highly diverse in terms of culture. At present, the number of people having different backgrounds is growing at an unprecedented pace, which poses certain challenges to the public health sector. Buckle (2015) notes that extensive research shows that the majority of patients pertaining to...
I think HBR articles are highly useful and educative pieces of valuable information, which are written engagingly and insightfully. The selected article is primarily focused on the topic of leadership and how its practical implications differ significantly in comparison with how it is taught. It is important to note that...
Background information Kim (2006, p.110) defines the exchange rate as the price of a particular currency compared to another currency. In a free market, the exchange rate is determined by the market forces of demand and supply. The exchange rate is important in facilitating investment and foreign trade. In their...
Introduction Organizational development is an ongoing process intended to improve operations, attract new talent, and redesign existing models to meet the demands of all key stakeholders. Different theories and models have emerged that business leaders can utilize to improve performance. The Star Model is an outstanding tool that can guide...
At the core of Modern Portfolio Theory (MPT) is a set of critical principles for analyzing and choosing the optimal portfolio components to achieve the best risk-reward ratio. An investment portfolio is a set of several investment objects, which is managed as an independent investment object to achieve the set...
Moderna is a pharmaceutical company that was founded in 2010 and has a special focus on mRNA technology and immuno-oncology, infectious, rare, autoimmune, and cardiovascular diseases (Moderna, 2021). The early 2010s were a time during which major innovations and diversification of the pharmaceutical industry began to take place. The past...
Nowadays, e-shopping is booming due to the rapid development and spread of technologies. As global online sales continue to grow annually for the past seven years, the market shows steady growth worldwide (“Global retail e-Commerce market size 2014-2023,” 2019). The sector is heavily influenced by the current situation, as the...
Performance management appraisal may fail due to judgment by top management and the supervisors. The top management and supervisors sometimes experience errors in judgment, such as the halo effect. The manager may observe a subordinate conducting the first task well and rate the employee high in all other duties, yet...
Among the many companies that have increased in the volume of operations and the brand value, Apple occupies a significant place. According to the data from ratings, the company’s brand value has grown from 23344 in 2011 to 214396 in 2018, which is the highest brand value among the fast-growing...
Introduction It is necessary to conduct an estimation of potential expenses, the future business with require, along with its expected demand and pricing examination, to evaluate to what extend the chosen activity can be profitable, or in the opposite, unprofitable. The expenses determine the prime cost for the service, which...
Executive Summary Ontario Province has established a series of private and public partnership programs over the years to serve the public and reduce service provision cost. These programs have demonstrated significant success in specific areas. This research focuses on the types of entrepreneurial initiatives available to small towns as they...
As one would think that the years of advertisements that were offensive to women due to stereotypes were over, the Chinese advertisement for a new Audi proved everyone otherwise. The ad compared winding and marrying a wife to purchasing a car, stating that an “important decision must be made carefully.”...
Work-Life Balance Work-life balance is a term used to define the time needed for both work and other life activities, whether private or family-related. It is an essential aspect of a productive work environment. Sustaining work-life balance assists reduce stress and prevents exhaustion in the workstation. Personnel who engage in...
Introduction These days, tolerance in the context of gender, nation, culture, and other aspects has become an integral part of a developed community. Therefore, it is gradually penetrating the sphere of business and employment. It is crucial to find the correct approach for promoting workplace diversity in order to overcome...
The soft drink manufacturing industry is one of the largest and fastest-growing sectors globally, with a strong customer base spread worldwide. To maintain its dominance on the international stage, the industry ensures that it meets the ever-changing taste of its rapidly growing customer base by ensuring that its products reach...
The complex world requires people to engage in the process of decision-making continually. This procedure is often referred to as a conscious act of making a choice based on the circumstances, risks and benefits, and personal preferences. Since the situations people encounter are becoming more sophisticated, individuals need specific methods...
A private sale is direct cooperation between a seller and a prospective buyer without the involvement of the public. This interaction occurs in an isolated manner whereby no prior advertisement of the meeting is availed for the members of the public or brokers to join the forum. The parties engage...
The hypothetical company chosen is a Bubble Tea Shop called “Make by tea.” According to the 4 Ps of marketing, businesses are built on four constituents, which are product, price, place, and promotion (Manthei, 2017). The product bubble tea shop will sell bubble tea or boba, which can be considered...
Negative margins are usually a consequence of the inability of the firm to control costs or more global problems: macroeconomic, government, or industry difficulties beyond the control of the company. If we analyze the reasons in more detail, then we can highlight the following. First, a spike in commodity prices...
Why Firms Use Price Discrimination Price discrimination acts as a pricing technique adopted by companies to charge different prices to dissimilar consumers on the same services and commodities due to demand differences. The pricing strategy is utilized across the various industries in the market and occurs in the forms of...
Appreciative inquiry is one of the organizational development approaches and change that emphasizes focusing on strengths rather than weaknesses. It deals with a team or, basically, the organization’s workforce by a comprehensive search of the best in an individual and the relevant skills and training they have in its line...
Accounting can be a fascinating job, and its scope instills both fear and amazement. It concerns working with an organization’s finances, which involves making constant calculations and reports. Despite the adoption of technologies, accountants remain in demand, as any establishment, regardless of size, requires a person overseeing the financial side....
Close Evaluation of Different Business Plans Entering the world of business is not an easy task. The highs and lows are phenomenal, and they shape the success path and destiny of any venture, regardless of the size. A business plan is an integral tool to navigate the problems and risks...
Sheila Stephens, a production manager for Thompson Manufacturing, agreed to interview the candidate selected by the human resource manager on a busy working day. Despite ongoing calls and issues to solve, Sheila invited the candidate to her office and started the interview. However, the conversation was not a success as...
Summary Third-Party Logistics (3PLS) is a service that enables one to perform prepared logistics from warehousing, all the way through delivery creating time for a company to concentrate on other sections of the business. 3PLS companies offer other additional services that deal with the logistics of the supply chain (Ecer,...
The VW scandal The VW scandal is a case that highlights significant inefficiencies in management. As such, the whole management team would be assigned responsibility for the scandal. This would be led by the CEO, Martin Winterport, who was the company’s head in the fraud case and was responsible for...
Leadership is the central role within a workspace that requires a particular set of skills and level of commitment. Therefore, the leader must be qualified for the job, is well aware of its nuances, and balances the needs of fellow employees and the work standards. While other workers play no...
Strategic decision-making requires a leader to possess critical thinking and an ability to see problems from different perspectives. Uncertain environments demand asking compelling questions to sufficiently solve the problem. Exploring the performative role of questions in leadership may disclose a strategy, which identifies a successful leader and ensures future triumph....
At a new workplace, it is important to prove people one’s professionalism. The new product development process requires its managers to be competent in different areas. The managers have to be able to identify customer needs and provide them with high-quality products based on the market demands. In order to...
To move toward her goal, Cheryl Hailstrom, a newly appointed CEO of Lakeland Wonders, can implement a two-part plan. The first objective involves changing her style of leading others to gain favor with managers. The second part of the plan focuses on negotiation and persuasion. The first step related to...
Introduction The following report is based on available financial and operating indicators that have been calculated from the financial statements of St. Mary’s Hospital for the four years 1990 to 1993. The comparisons are made with comparative benchmarked information for a similar period in consideration. The analysis is based on...
Introduction Efficient work, the provision of high-quality service or products are the goals of almost every company, regardless of its scope. In health care, the quality of services is critical as people’s lives often depend on them. Many factors influence the enterprises’ success – employees’ commitment, their communication, the presence...
Introduction Society has reached an unprecedented level of cultural diversity due to rapid globalization. People of different backgrounds are able to travel around the globe and partake in professional and educational processes, thus forming international teams. Each individual has a different mindset, being driven by particular feelings and thoughts, which...
Nestlé is one of the world’s leading food and beverage manufacturers. It is based in Switzerland, but it operates in more than 100 countries (Chung et al., 2020). The company produces all possible types of foods and beverages, including baby foods, pet foods, cereals, frozen foods, pizza, and others (Chung...
The trend for online education has significantly grown throughout the last year, therefore it became challenging for the brands to conquer the leading positions in the Google search engine. The search engine works by simultaneously gathering information from web pages, public databases, user-submitted content, and other available sources (Google, 2017)....
Introduction Ethical decisions create and maintain trust while also demonstrating respect, responsibility, and a caring attitude. Ethical decision-making is essential in the workplaces to ensure the regulation of conflicts and uncertainty from competing values, including individual, organizational and societal values. Business organizations require decision-making models, which are tools that facilitate...
Marketing is among the crucial constituents of a business as it possesses the power to impact clients’ opinions regarding a product or brand even without their notice. My passion for marketing began at an early age after encountering numerous ads on Television. However, my curiosity for digital marketing developed in...
Evaluating trends of the foreign exchange market is a challenging task, which can be addressed through the consideration of this field’s principal aspects. Thus, for example, the analysis of such phenomena as quantitative easing (QE) and carry trade as applied to real estate will be beneficial to tackle the problem....
Introduction People experience distress in most life situations, and the working environment is no exception. The growing business competition pushes corporate managers to create high demands for their workers. In chapter seven, Nelson and Quick (2016) delve into strain at the workplace, its causes, how people respond to it, consequences,...
When a group or an individual worker faces any unexpected issue or fomenting conflict, the leadership intervention comes into play to restore cooperation and improve performance. Leaders’ main task is to increase group cohesiveness, efficacy, conformity, and productivity (van Thiel, 2020). I worked as Purchasing Manager having two Assistants under...
Introduction The success or failure of any organization depends on the leadership in place. John C. Maxwell, a reputable author on leadership issues once said, “everything rises or falls on leadership” (Maxwell, 2007, p. 267). This assertion underscores the importance of understanding how various leadership styles affect employees and ultimately...
Directors failing to follow the staff handbooks lead to several negative consequences in the work environment of their companies. This unlawful, unethical, and unprofessional behavior manifests itself in many forms, such as harassment, discrimination, nepotism, coercion against the will of employees, and misuse of power (Employer policies, n.d.). As a...
Diversity is bringing people of all backgrounds into the organization to work effectively and efficiently. Diversity involves understanding, valuing, and using the differences in each individual in a business. For a group of individuals to work as a team, they have to understand each other, then work together to achieve...
Airport emergencies are unexpected situations that imply adverse and even tragic consequences. That is why airport officials should develop and follow specific plans to know how to manage a crisis. Numerous official organizations offer guidelines on coping with this task, and the US Department of Transportation (2009) is among them....
Introduction A capital budget focuses on long-term organizational investment strategy, although it can be generated yearly. The primary functions of capital budgeting are expansion and replacement, following a successful analysis of market conditions and opportunities (O’Connell, 2019). Development can occur through the entry to a new geographical area or the...
Few topics in business invite as much controversy as social responsibility. Even though businesses are important for the functioning and prosperity of the economy, they also generate a substantial negative impact on society. Corporate social responsibility (CSR) is an idea that businesses are obliged to respect the ethical rules of...
Kitchen Koncepts sells gourmet cookware, kitchen tableware and other cooking appliances to the home cook. Kitchen Koncepts serves numerous clients from various geographical regions all over the world. Kitchen Koncepts not only deals with kitchen appliances, but also customizes the kitchen setting, designing and transforming kitchens, in the process making...
For every retailer, store location is extremely important because it influences the number of consumers, frequency of purchase and even a brand image. The store should be located in populated areas with good transportation and parking facilities. The constraints of space are also a liability to the retail trade. With...
Introduction In this fierce competition, companies are implementing cutting-edge strategies to compete in the market. The business plan describes advanced techniques and arrangements that boost the success of the organisation. Killashee Hotel is the company under consideration in this study to examine the strategic management issues (Barros, 2021). The hospitality...
Introduction Walmart has 282 units in Canada, and it faces enormous competition from various nations and contenders. The strongest competitors are Kmart, Target, ShopKo retail chains, Costco Wholesale, Meijer and BJ’s discount. Numerous other more modest retailers target a little market specialty that can likewise contend with Walmart utilizing specialization...
Targeting Generation Y is not the right but rather necessary marketing strategy for banks because now it makes up the major part of their customer base. On the one hand, Generation Y people are the so-called digital natives – the first generation that grew up with easy access to electronic...
The growth drivers for and the competitive environment of the ICFD industry in India In 2018, the new whipped frozen fruit treat from Coca-Cola India Private Limited was to be released. A unique introduction of the frozen dessert category in India will be the first to use this product across...
Introduction and Organization Overview In the face of various aroused challenges, including global warming and the COVID-19 pandemic, corporate social responsibility (CSR) acquires increasing importance for the prosperity of business and society altogether. In these contexts, Starbucks Corporation can serve as an exemplary entity with active CSR clearly determined and...
Working in multinational enterprises implies a significant amount of responsibility, obtaining in-depth knowledge and skills, and adherence to strict standards of a company. Therefore, it is crucial to employ competent and qualified staff to support the reputation and maintain the quality of service and products. For this reason, there are...
Effective Training Needs Analysis Training needs analysis refers to the identification process of employees’ development and training needs to enable them to carry out their tasks more efficiently to realize personal and organizational goals. Based on the scenario, the components of an effective training needs analysis include information regarding the...
The essence of competition is to improve or maintain the company’s position in the market, which is achieved through differentiation and innovation. Over the past decades, innovation has become a must for a successful organization. This was facilitated by increased competition, which forced companies to constantly increase the efficiency of...
Business success depends on many factors that are important to consider. The talented management of work processes enables organizations to maximize the value of their results and meet the business strategy they set. Among the factors related to the company’s work, stakeholders stand out. This concept includes individuals, groups, or...
A performance-driven team, to which some refer as a high-performance team, differs from a common one in its efficiency. It has such general elements as social interaction, meaningful cooperation, different roles, and a purpose (Dominguez et al., 2016). Additionally, a performance-driven team has such features as a direction, a common...
Introduction Until recently, many business enterprises and business leaders focused solely on making and maximizing the profits of their owners. Some companies conducted their activities with a total disregard for ethical standards and values. However, there has been a radical change in the importance of ethical practice in the global...
Introduction Employees who exit a company at the firm’s request and those who leave on their own equally influence disruptions in work team dynamics, unit productivity, and operations. Both types of turnover can affect the organization’s operational costs as employees’ exit after significant investment in staff training and development would...
Coca-Cola faces a challenging marketing challenge: the company’s purpose is to change consumers’ negative associations with sugary fizzy drinks. For example, in early 2020, Coca-Cola announced its new social campaign to combat obesity in the United States to promote a healthy lifestyle (Obialor 2020, p. 153). As part of its...
Tesla, an American electric car manufacturer, hit record highs. According to Tesla, Inc. (TSLA) (2021), in 2020, the value of Tesla shares has grown almost tenfold – from $ 88.6 in early 2020 to $ 864.2 on January 27, 2021. Shead (2021) notes that much of this growth was driven...
In a work setting, there is a hierarchy that is built on servant leadership and followership. First and foremost, servant leadership is based on one’s desire or even an instinct to lead. A servant leader’s “highest priority is service to others, including stakeholders inside and outside the organization” (Williams, Brandon,...
The six questions of external analysis present a reliable framework which allows companies to correctly determine their position in the industry and assess available options of gaining a competitive advantage, yet it also has weaknesses. This approach’s primary strength manifests itself in the flexibility it provides since almost any business...
Natureview Farm, Inc. is a small yogurt manufacturer established in Cabot, Vermont, in 1989. The company’s founder developed a family recipe of yogurt made of natural ingredients, and Natureview began manufacturing refrigerated cup yogurt without adding any artificial components. The average shelf life of Natureview Farm’s yogurt is 50 days,...
MESA Competitive Strategy When making strategic decisions, the company’s management needs to fully understand the business’s strengths, goals, available resources, and opportunities. A successful competitive strategy effectively utilizes the company’s resources and capabilities to maintain and increase its competitive advantage. For MESA, an effective competitive strategy needs to be based...
Introduction There are quite some benefits for a firm that invests in information security. The ability to cope effectively with today’s computer threats such as computer viruses/worms, computer threats such as web hacking/breakings/defacement, internet disruptions, and other cyber events is on the verge. Insecurity has caused the delivery of products...
