11240 samples of this type
Introduction The environmental impact forms the major pillars of concerns in dealing with food production and consumption strategies. A properly chosen environmental assessment tool influences the results obtained. To assess the environmental indicators, two categories of tools namely the product-based tools and the area-based tools may be used. LCA is...
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...
Blue Nile is the online retailer of diamond rings in the US. Mission Blue Nile’s mission statement is to improve customers’ shopping experience by offering consumers high-quality jewelry and education so that customers can make informed, confident decisions. Most people are discouraged by the traditional jewelry shopping experience; the company’s...
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...
Target Corporation is the eighth largest American retail corporation with stores in all 50 U.S. states and the District of Columbia. The CEO of the corporation is Brian Cornell, who is in charge of Target’s 1900 U.S. stores, various properties, and more than 350,000 workers (Target, 2021). The company is...
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 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...
A decision matrix is an invaluable tool for companies looking for ways to maximize efficiency and determine the ultimate improvement option which will deliver the most benefit. Yet, it can be applied in numerous other scenarios and situations (“What is a decision matrix,” n.d.). For instance, when a company is...
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...
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...
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...
The advancement of technology has radically changed communication and business interaction. Whereas earlier a conference had to be organized to convey important news to the staff, now this task can be performed by touching a screen (Stojkovicet al., 2014). Although computers are only a means to convey information, they can...
In logistics, time, place, and space utility present the concepts that determine the choice of transportation modes. Time utility refers to the availability of the products when they are demanded by customers (Lecture 9, slide 8). Place utility is understood as moving products from the locations with lower value to...
Business organizations today face rapid changes that have never been witnessed before. Notably, organizations’ rapid growth and development and the fast-changing trends in business globally have poised a highly competitive business market. Many organizations are striving hard to integrate new and improved sustainability tactics to keep abreast of their competitors....
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...
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...
JP Morgan Chase and Company is an investment banking company with its headquarters in New York, United States. The article “In this corner! The contender” about Jamie Dimon, the new chief executive officer of JP Morgan Chase describes operations at JP Morgan Chase. There are multiple ways that companies can...
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...
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...
The gender stereotypes in the media have always been a question of great interest for many researchers. On the one hand, superemently gender-oriented marketing helps a company to attract the target customer. However, on the other, the brand runs a risk of having toxic or offensive advertisements of their products....
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...
Logistics networks are the backbone of contemporary global commerce. They keep Nestle Bangladesh in business by facilitating the movement of raw materials to processing factories and finished goods to the market. While logistics networks facilitate the movement of goods, its transportation, inventory management, goods handling, warehousing, order processing, and packaging...
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...
The Coca-Cola Company is one of the most renowned brands in the world. The Coca-Cola brand is valued at $84 billion; the company controls 35% of the North American soft drink market and operates over 900 bottling plants worldwide (Gaille, 2021). Coca-Cola finished the 2020 fiscal year with $33 billion...
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...
Key Theories of the Nature and Exercise of Leadership in Organizations The concept of leadership has been attracting the attention of many scholars who are keen on explaining different approaches of governing organizations at different times. Leadership theories have been developed to explain some of the strategies that one can...
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...
The automobile industry is one of the most significant contributors to the economy of the United States. This industry provides more than seven million jobs, constituting approximately one-tenth of the country’s revenue (Chuang & Zhao, 2019). General Motors (GM) is the largest American automobile corporation with a more than a...
There are two main leadership theories: transformational and transactional. Transformational leadership is about a leader’s ability to change or transform groups or organizations in a significant way. Transactional leadership can be described as leaders who motivate their followers by rewarding them. This essay examines the strengths and weaknesses of these...
When applying for a new job, there is often a choice between starting in the middle, or at the very top. People seek pay based on what is available while referring to their perceived skills at performing said jobs (Ledic, 2018). Different ranges offer a different set of advantages and...
The article “Bullying Bystander Reactions: A Case Study in the Taiwanese Workplace” examines an ethical issue of bullying, as well as the responses of colleagues and the organization on it in one of the Taiwanese offices. Various factors influence the occurrence of bullying and the way others perceive this issue...
The Disney company is among the most profitable and successful actors in the industry nowadays. Such state of the art was achieved because of due diligence and policy that the top management has been applying for many years. However, there was a period when the corporation faced a plethora of...
I have used my skills in economic and entrepreneurship to identify viable business opportunities. From my analysis, I have discovered that there is a high demand for groceries in my neighborhood. As an economics student, I ascertained that the demand for groceries also includes the need for delivery. Most people...
Effective leadership provides organizations with high performance, so the availability of scientific research in this area is essential. The research in the article “Is leadership in the eye of the beholder? A study of intended and perceived leadership practices and organizational performance” is based on a theoretical background regarding two...
For a charity organization, the essential function of an information system (IS) is to improve its accessibility visibility while reducing its operational costs. As for the ALSAC, the radiothon donation application (RDA) brings in a unique opportunity to achieve both higher visibility and make the optimal interaction between the organization...
In this case, a proposal for client approval needs to be developed. While the details are important, it’s imperative that a written proposal is available. A written proposal is important because it will provide an overview of what the company is going to develop. It will also act as the...
Queue management systems have had the most significant impact on business operations, especially in service industries. In banks, restaurants, healthcare facilities, schools, and other service-oriented enterprises, customers have to wait for service (De Vries et al., 2018). Longer queues can have unprecedented negative consequences on several business outcomes, including waiting...
Developing a convincing presentation that delivers the key points of an argument cohesively and concisely is an important skill that plays a vital role in promoting innovation in organizations. The specified task plays a particularly vital role in large organizations that require a perfectly thought-out and well-designed pitch that will...
Introduction Supply chain management and logistics aim to optimize and speed up the transportation and distribution of products from producers to consumers. It leads to lower prices for goods, attracting an existing customer base and new consumers (Addicted to cheap shopping?, 2007). As a result, both parties are satisfied. Companies...
Many businesses in all sectors are increasingly ‘going green’ by offering healthy, environmentally-friendly products to the market. However, many business organizations are providing misleading information in an attempt to create an overly positive image of their brands and environmental practices among stakeholders, particularly consumers (Torelli et al., 2020). Greenwashing has...
Introduction Every organization aims at increasing improve its performance and minimize its expenditures. Moreover, competition in business is inevitable, and firms must develop ways to maintain their competitive advantage and increase their market share. One way corporations ensure that they grow and meet their objectives is by focusing on their...
Target Market of Nine West An analysis of consumer behavior determines those customer market segments that can best be served by the firm. These segments are the target market. Target market can be defined as potential consumers to whom a product is marketed. Firms cannot meet all needs of all...
Stress is a frequent phenomenon, not only in life but also at work. The sheer number of cases and tasks, plans and reports, associated problems, and turmoil are a part of the array of stress factors that can affect employees, and it cannot help but be worrying. At the same...
Introduction Strategy implementation entails the process of turning plans and strategies into actions to accomplish strategic goals and objectives. A strategic plan’s performance is more significant than the strategy itself, and many companies having strategic plans usually fail to implement them as required. Moreover, many businesses have a good plan...
Introduction The Learning Coach Program consists of a training program that is critical for educating all the key players charged with promoting the success and sustainability of Bvlgari Hotels & Resorts. The initiative assists all employees in improving the skills required in the workplace, provides adequate resources, and provides continuous...
The actions taken in regards to the marketing plan are based on the brand profitability derived from the financial performance. The brand profit for VALOR, Roli Royce 2, Yeeezy Peeezy, and Speedy Gee are $642505, $438153, $90863, and $164675 respectively. Therefore, the former one can be considered as the most...
Introduction Customer relationships are vital to the productivity and performance of modern businesses. Companies must establish an association with their clientele to improve the aspects of loyalty and satisfaction. Various strategies can improve consumer relationships, but they have to be tailored to precise objectives. Every business has a unique organizational...
International Labor Organization (ILO) is the most significant global institution championing workers’ welfare. Since its inception, ILO has been involved in the demand for social justice and the fight for improved living standards for the world’s working population. The different conferences held in Geneva, the organization’s headquarters, consistently reviewed the...
DHL is a universally known company that specializes in urgent international shipping of letters, parcels, and documents. As such, its environmental impact has the potential to be very damaging due to the organizational difficulties associated with long-distance high-speed transportation. Therefore, environmental audit of the DHL is one of the most...
Job Description The Smartec Enterprise is engaged in cargo transportation in cities, regions, and around the world. The company is looking for a responsible person ready to perform a large amount of work and rapid career growth to the Project Manager position. Alexander (2019) states that project managers play the...
Introduction Every organization faces competition from its rival; however, ways to increase competitive advantage have been analyzed in different sectors. Caterpillar is one of the organizations that have been in the construction market for decades. The company has various goals that have enabled it to become more competitive. Moreover, approaches...
Five Forces Analysis of the Toy Industry Threat of New Entrants The toy industry has a relatively low risk of the appearance of new players for several reasons. First, a common outlook is that toys gradually seize to be the primary entertainment products because of the advance of videogames and...
Introduction Ineffective leadership transpires when the management in a certain firm fails to execute the company’s vision by losing focus on the culture and tone that is set for a particular business. In business, leadership is necessary to organize members and plan for the metrics required for entrepreneurship. The corporate...
Although racism has been outlawed as a social vice, nonetheless, racial discrimination is still one of the major ethical dilemmas in the modern workplace. Workers from perceived minority and “inferior” races are repeatedly subjected to unfair treatment. Employers in Britain still discriminate against employees along racial lines. Britain is a...
CEO replacements are somewhat frequent when viewed across the entire industry. Leblanc (2020) finds 54 succession cases in the S&P 500 during 2017, over 10%. With that said, some companies tend to replace their CEOs relatively frequently while others have the same person in the position for decades. The reason...
How have the various stages of Roizen’s career leveraged assets and competences acquired on previous stages Heidi Roizen managed to make use of her past experience and networks at each of the following stages of her professional path. Her first job was at Tandem, a technology company in the Silicon...
Addressing mechanisms that stimulate the learning of business processes plays a significant role in maintaining the sustainable operation of companies of different profiles. The promotion of individual and organizational practices that stimulate the improvement of employees’ professional competencies is an indicator of qualified management work and interest in achieving the...
Automotive Manufacturing Industry The problem the company is facing is the lack of growth due to the limited sources of income. In order to ascertain other business opportunities, it is important to analyze motor demand as qualitative data and motor sales as quantitative. The company operates within the U.S. automotive...
Introduction Any nonprofit organization’s work is motivated by the necessity to serve the public to make a positive social change. The needs of communities are met through nonprofits’ organized work through cooperation with multiple stakeholders, engage in volunteer work, initiate fundraising campaigns, and plan programs within their financial opportunities to...
Today, social media plays a crucial role in everyone’s life as it is the new way of living. Social media platforms are very relevant and popular nowadays as they help people find out and learn new things. Communication and exchange of user-generated content like photos, videos have become easy and...
When it comes to managing organization dynamics and promoting change, a leadership model plays a significant role. It is so because the ways how managers approach stakeholders to be served influence the performance of the latter. It means that leaders should do their best to choose the most suitable behavior...
The enhancement in technology has presented new opportunities in the mobile phone and communication industry. The (name of Company) wishes to enter the global built environment as a key player in the industry. In particular, building and construction are one of the most developed industries in the world, which contribute...
The current situation of Microsoft on the market is defined by the presence of various competitors, which increase the risks for the business. The strongest of them are Google and Amazon, and their involvement in the development of software systems and cloud computing poses a threat to the company by...
Salesforces CRM is software that is designed to help managers organize their businesses efficiently. It is valuable because it uses the latest virtual advancements, like a cloud to connect all of its teams, leaders, and systematize customer data (Manchar & Chouhan, 2017). CRM stands for customer relationship management, and it...
Humiliation can be exercised through wide range of possible acts, such as denigration of a child by a teacher in the presence of other students or mild forms of humiliation, for instance, speaking for those who can speak for themselves (Sayer, 2005, p. 161). The same author mentions a special...
Identification of the Main Problem Brandon Miller aims to establish a business that is the distribution of Fiji water for Monroe and Wayne market areas. However, before making a decision, he intended to conduct a quantitative and qualitative analysis to ensure that this opportunity is an affordable and profitable one....
Summary Once the hospitality business becomes successful, the next step is to grow further. The expansion of a company involves both benefits and risks for the business owner, emphasizing the need for choosing and implementing the right growth strategy. The diversification of services can improve brand recognition and expand the...
Multinational enterprises have to cope with some issues, associated with corporate culture, which alters its approach to establishing standards within a company. In addition, local specialties, such as specific environment and cultural features, have a considerable impact on the operation of a company and, therefore, on the administration, which is...
Colonel Cars Inc. plans to introduce an innovative speaker system in their cars’ steering wheels and prepares an advertising campaign centered around it. Although both the speakers and the campaign are kept secret, the competitor, European Motor Works (EMW), manages to launch a similar campaign before Colonel Cars starts its...
Summary and Analysis of the Context The context of the article is about internal talent mobility and accompanying benefits. The traditional talent management method is failing, forcing managers to think about talent strategy for progression (Averbook, 2021). A talent market place is an ethical, artificial intelligence-powered platform. Talent market place...
Good leadership is essential for every organization’s quest to achieve success. Three commonly used leadership styles of situational leadership, transformational leadership, and transactional leadership offer leadership direction in an organization. According to Buil et al. (2018), supervisory role plays a crucial role in the overall performance of frontline employees in...
When considering both the positive and negative aspects of the automotive industry, a diversification decision has been made to expand the business to cover increased motorcycle production and marketing to end consumers. The decision to diversify was made because, in the second wave of the COVID-19 pandemic, consumers have shown...
Multiple tools are available and essential to use when making business management decisions. With the advancement of informational technologies, more and more industries and businesses benefit from using software for analysis and better-informed decision-making. The strawberry industry in general and the Labedo Berries company, in particular, also use business management...
I have a part-time job where at least two weeks of a winter vacation is provided, however, my employer would not pay for them. Moreover, the shifts that would be replaced with my resting period mean lower salary for the next month. Considering these crucial factors, I had to decide...
Introduction Intrapreneurship within an organization allows employees to behave in the same manner as entrepreneurs. The intrapreneurs possess leadership skills; they are proactive, self-motivated, action-oriented, creative, and innovative. As a result, they can integrate what they have learned in their work environment to establish their businesses, thus playing a pivotal...
Introduction The plan outlined here is to improve Supreme Sports’ productivity (SS2) to realize more revenue and profits in their business. There are short-term and long-term goals, running from months to more than three years respectively. Long-term plans include activities that will last for years, while short-term plans involve events...
Introduction There exist numerous techniques in the modern world aiming at understanding and enhancing teamwork mechanisms. The Marshmallow Challenge, where the participants are asked to build a tall tower using several materials, is one of the most outstanding examples. Its efficacity is proved in all age groups, and sometimes the...
Introduction Management is the act of having all activities done well and at the right time by other people. Management involves organizing, analyzing, planning, and budgeting for the activities to be carried out to effectively achieve the set goals. While leadership is the process of motivating others or influencing others...
Introduction Nike, formerly known as Blue Ribbon Sports and later renamed in 1971, is the leading manufacturer of sports-related products. The company is headquartered in Oregon and was founded in 1964. Nike is a shoe company that designs, develops, and markets various athletic footwear, apparel, and equipment, and accessories (Liu,...
The major oil company based on Petrobras included influential corruptive schemes investigated in 2014 by federal police in Brazil. These problems included enormous kickbacks in contract payments to the corporation’s executives that have been put to jail due to the turmoil in the country. Furthermore, the Brazilian wealthiest people were...
Working capital demonstrates how much liquid asset is accessible to satisfy the short-term cash requirements obligatory by current liabilities in a business. The working capital assumes that current asset and current obligation are short-term concepts; thus, it is defined as a short-term concept. A working capital shows the efficiency and...
On planning a business one of the first important decisions any promoter has to take is about the structure of the business. Commonly available business structures are sole proprietorship, partnerships, limited liability corporations, and a corporation. In this write, a comparative study of the structures of the corporation, limited liability...
Introduction Entrepreneurial organizations are by far the most challenging to establish and sustain. This is because they are mainly grounded on the aspect of bringing new ideas into the market; ideas that may not readily be accepted by the consumers. Most entrepreneurial establishments face somewhat similar problems and it is...
The Martha Stewart Living Omnimedia is a media company that works in a variety of business segments, including the internet, media platforms, merchandising, and publishing. The company primarily focuses on selling and advertising homemaking products, how-to content, and similar products for the average population (“2021 media kit”, 2021). The idea...
Various conflicts entail serious consequences, as they damage the bonds between people. Moreover, they may also be the cause of serious stress and mental pressure. Bullying is one of the most common forms of workplace and peer conflicts. Such situations lead to immense stress and even cause the symptoms of...
Many people are used to being team members at some point in their life. Moreover, some of them remain working in a working unit professionally. Teamwork is a process that enables a group of people to gain a competitive advantage (Lencioni, 2020). However, I assume that emotional intelligence is the...
Changing conditions of business environment normally result in various measures from corporations. While some aim at responding directly to immediate changes, most of the responses normally focus on mitigating possible crises following adverse effects of the dynamic market conditions. Mergers and acquisitions usually characterize business expansions and strategies aimed at...
Executive Summary Over the past decades, the world has changed dramatically, and the business realm has not been left behind. The scenario is exemplified in the article “Exploiting the Virtual Value Chain” by Rayport and Sviokla, published in 1995 in the Harvard Business Review. The authors argue that businesses nowadays...
Summary Teamwork encompasses the combined assimilation of persons with different skills who work collectively towards achieving a mutual objective. These individuals have to be in alignment to be effective and productive. The group has to put their effort together to realize their goal successfully. Consequently, a performance-driven team has a...
Modern consumers require businesses to not only deliver excellent quality of their services but also to embrace social accountability, especially in terms of providing employees with equal opportunities. Nevertheless, every month, news emerges on how high-ranking managers at multinational companies mistreat their workers or generally demonstrate inappropriate behavior engaging in...
Abstract Women form a very important part of Emirati society. The days when women were expected to sit and wait to be provided with basic needs by their husbands are long gone. Currently, women have asserted their authority in various sectors of the economy. They are part of the driving...
Evolution of Integrated Marketing Communications New technical inventions have always served as a driver of the economy and social change, including the relationship between producers and consumers. The last decades of the previous century are characterized by the emergence of many new technologies and, consequently, new communication tools and channels...
Servant leadership is a philosophy of leaders within which they are to serve their followers. Within such a framework, the norm of interactions between leaders and followers is inverted: instead of the surrounding people serving the leader, the latter exists to serve them. Therefore, the servant-leader is instead a servant...
Every person in the world has been a member of a group at some point in their lives. It could have been at school, at work, or at other social events and issues. Teams are bound to have people with conflicting personalities and talents, which can potentially lead to conflict...
Charter schools are institutions developed and managed by parents, teachers, society, or education organizations. According to Renzulli (2005), the primary motivation behind the emergence of such schools is autonomy. Most members who started the charter schools aimed at providing different curriculum and services from those offered in traditional schools. However,...
Whole Foods is a large international supermarket chain which offers healthy, natural, and organic products. The organization’s mission is to extend its role from sustaining people to feeding the planet (Whole Foods UK). Thus, the individual stores often support local area programs on ecological causes. Employees regularly clean local areas...
The organization I work for is a state-funded organization that produces films and TV series for release. It is difficult to calculate the exact number of employees since there are many departments and branches in this organization. There are departments responsible for the legal aspect of the projects; there is...
Accounting expertise My need for using the professional in the field of accounting is caused by the lack of knowledge regarding insurance and budgeting, particularly in matters of managing cash flows and keeping financial records. According to Henricks (n.d.), “highly technical matters of law, accounting, management, and marketing are usually...
Introduction The relationship between sports and marketing has been studied for decades. Today, many businesses have recognized and embraced the potential of sports marketing to generate sustainable revenues and to ensure the survival and competitiveness of firms. In other cases, brands have used sports as a platform to launch and...
Group decision-making can improve the quality of decisions, provide a variety of perspectives, and assist in developing the skills of the members. Based on the recent meetings I attended, I will describe four problems related to group decision-making. Firstly, I might conclude that I rarely hear the opinions and proposals...
The Cheesecake Factory, an international chain of bakeries for the whole family, has been a successful business in its industry for several decades. The company owes its success to competent management and talented personnel. This presentation explains what organizational qualities and metrics help keep the company competitive in the global...
Michael Porter described the strategic model of the five competitive forces analysis. The analysis is conducted on five factors, or so-called forces: customers, suppliers, existing competitors, new competitors, and substitute products. With the help of these structural units, it is possible to consider how a company, in the long run,...
