11738 samples of this type
Organizational planning is an essentially significant process for every company. It consists of several steps, including the definition of the firm’s reason for existing, setting purposes and objectives that will allow the company to reach its full potential, and then creating tasks to reach those purposes (Allison & Kaye, 2015)....
A manager-employee feedback system is an invaluable tool in enhancing the performance of a company. In most scenarios, a feedback gap exists between the manager and workers, especially when the former is high up in the hierarchy. Nevertheless, several managerial strategies can be implemented to close this gap. Creating a...
Executive Summary In this digital audit marketing report, I have applied the 7Cs framework to Shake Shack, an American chain of fast-food restaurants. I focused on revealing strengths and weaknesses in the following aspects: corporate culture, convenience, competition, communications and content, consistency, communication, and customer journey. I have examined Shake...
Corporate governance, design, and government regulations are important aspects of a company. Organizations that adhere to industry regulations and with good corporate governance culture always succeed. In contrast, a poorly designed company with lax government regulations can fail. Government regulations ensure that firms align their operations with community and shareholders’...
Software Providers With the recent rise of delivery services linked to the COVID-19 pandemic, many new players have been joining the market, causing an increase in software solution providers who seek to support newfound customers. There are numerous software solutions that are available to Talabat, although the focus will be...
Background Today, Microsoft Corporation is a world leader in software production, provision of services, and Internet technologies for personal computers and servers. Over the years, the company has experienced ups and downs but was able to overcome the crisis and keep the bar of the leader in the development of...
Introduction The business context of focus for this discussion is SpaceX’s strengths and weaknesses. According to Pandya (2017), the United States is SpaceX’s primary customer with 23 launches. The company has launched various spaceships in its different missions, including geostationary transfer orbits, communications and weather satellites, human remains ships, and...
An organization’s outputs and outcomes and the expenses and effectiveness of achieving those goals are included in performance information. Since past results contain inefficiencies, budgeted performance is a better indicator of actual results than is past performance, which may be recognized and addressed in budgeting. Furthermore, future situations may be...
The role of decision-makers during a crisis cannot be ignored because they give strategic direction. They work to ensure that the crisis is managed effectively when it occurs (Okoli & Watt, 2018). For example, a crisis manager assigns roles to various stakeholders after assessing the crisis. They also determine how...
Introduction Choosing an appropriate marketing strategy is particularly crucial when starting a new business that needs to win its first customer and retain them. A restaurant with a starting capital of $50,000 is bound to face intense competition from many similar small businesses, and, as such, the choice of the...
In today’s conditions of market globalization and a highly competitive environment, businesses are forced to adapt their operating models to withstand competitive pressure and operate sustainably to address the interests of as many consumers as possible. Successful companies that have implemented their international plans enter the global market and become...
Modern methods of construction (MMC) is a competitive area of research that defines contemporary standards and techniques in the construction industry. Some of the relevant factors that obstruct the industry in the UK and the analyzed company (Caledonian Modular Limited) are digitalization, thorough observation of the trends, and application of...
Introduction Most organizations establish learning cultures to capitalize on the departing employees to pass knowledge on to the current workforce. A learning culture helps organizations build a workforce with the correct knowledge and expertise, thus enabling seamless successive planning. Organizations always establish outstanding cultures that allow knowledge to be shared...
Zara is a fashion design and manufacturing corporation in Spain founded by Amancio Ortega Gaona. Zara started as a wear shop and developed to be the most successful and recognized brand in the fashion industry, with over 63,000 stores globally (Murphy, 2021). Zara was included in the public offering in...
The pace of development in the technology industry is high, which defines the need for up-to-date information regarding threats for executives to make informed strategic decisions. In particular, economic risks for organizations engaged in global trade are essential to consider. Generally speaking, this category of threat refers to risks associated...
Nike is a famous brand in the present world because millions of people throughout the globe wear its products. In addition to providing consumers with clothes and accessories, the brand also affects individual self-identity, and I can confirm it using a personal example. I can state that for me, Nike...
For Talabat, to integrate all its systems and manage business activities daily, enterprise resource planning (ERP) is required. It allows one to tie together and control multiple processes at the same time, including risk management, financing, accounting, supply chain operations, human resources, inventory management, procurement, and others (Alam & Uddin,...
Management and leadership are frequently thought to be terms that are essentially interchangeable. A manager is described as someone who assumes charge and is responsible for directing, administering, and seeing that events happen and operate as they should (Leroy et al., 2018). On the other hand, a leader may be...
Creon’s portrayal of Athenian power and leadership tells us that for anyone elected to be a leader, his mind, his soul, and his will are aligned with the throne’s purpose. In other words, what the leader intends for his country and the people must be reflected in the skills he...
Strategic Role of HR in the Organization The human resource department plays a very crucial role in the management of an organization’s workforce. HR recruits the right candidates, trains them, motivates them, and administers performance appraisals to them. These functions are not easy as they require strategic approaches. Human resource...
Managing nonprofit organizations means engaging with internal and external stakeholders. Cooperation with investors and partner organizations determines the need for strategic planning to meet their interests. On the other hand, the target audience and paid staff need a well-coordinated in-house optimization mechanism to create a corporate culture. Thus, Impact Group...
Society perceives business as a limitless field for making money and gaining social coverage. It is partly rational, but some enterprises are created to solve more global problems without a financial background. Impact Group is a nonprofit organization committed to improving students’ quality of life and providing them with educational...
Introduction Opening a restaurant business is one of the complex tasks that have several specific features. Having started opening a restaurant, owners must consider many factors and possible events that will help them start a successful business launch. Therefore, a start-up business should take into account a wide range of...
Introduction The Yang Sing Hotel provided custom-made superior services and accommodation at premium notwithstanding market-monitored rates. Customer feedback and online reviews implied that Yang Sing exceeded the client’s expectations and conveyed the administration’s promise of conveying service levels that customers have never witnessed. The feedbacks of guests concerning late accommodation...
Introduction Any start-up demands a precise organization of a code of ethics that all representatives of the organization will follow. In an era of sharpened competition and a crowded market, it is essential to increase customer and employee trust and constantly enhance the quality of service. It is achievable only...
Performance management is an area of execution, which benefits may not be obvious at the project planning stage. Nevertheless, it potentially may bring rapid and high-quality project development. One of the incentives to increase productivity is competent communication skills. Before the team gets to work, a successful communication plan must...
The emergence and spread of Covid-19 in the past two years resulted in massive global disruption of economies and business and it also revealed the fragility of universal supply chains. The fragility displayed by the emergence of Covid-19 can be linked to the sudden scarcity of resources, disruption of production...
Every occupation has its code of ethics that expounds on the importance of professional honesty and integrity. Ethical standards are paramount because human society consists of a complex interconnected web of mutual dependence. Without a basic level of trust and personal integrity, human organization on a mass scale would be...
Finance Managing costs is one of the best ways of ensuring that a firm can charge a competitive price on its products without compromising on its profitability. At The Shetland Wool Company, the managing director has to take into consideration the conflicting interests of the sales director and the finance...
Introduction Remote work became widespread in the time of the COVID-19 outbreak and presented many prospects and challenges. Fortunately, the Internet and technologies allow working remotely almost in all job sectors. On the one hand, remote work provides more autonomy for workers and saves money without paying for the office’s...
Executive Summary Achieving a sustained market growth is a major challenge that requires understanding of various factors that affect a firm’s operation. In this business plan, the focus was on a hobby store that seeks to achieve growth beyond the current market. The report discusses how this firm should prepare...
In many cases, users find the request they are interested in on the first or second search results page. Finding a site in the top search results for queries significantly affects the amount of traffic attracted to the site (Chaffey and Smith, 2017; Kingsnorth, 2019; Moore, 2021). Therefore, many site...
Digital marketing is an essential process, and businesses should draw sufficient attention to maximize their benefits from it. However, not all organizations manage to succeed with the task, and typical errors exist. Digital marketing mistakes include spamming, focusing on traffic rather than on customers, overpromising, ignoring social trends, and overusing...
Organizational citizenship behavior defines workers’ voluntary and optional practices that encourage effectiveness. Among the different dimensions of organizational citizenship behavior, help giving has drawn a considerable magnitude of intellectual consideration since it highly predicts successful practices in an organization. Attributable to its significance, three extensive research paths have emerged in...
The first model that is necessary to discuss in regards to promoting the usage of highly-involved products is the on-demand approach. It implies that customers desire to receive certain commodities or services immediately and without delay (Taylor, 2018). For instance, Tesla recently cooperated with the Luxe company to deliver parking...
The case of the Jet It company looks at a private aircraft sector business model and startup growth. As a result of the COVID-19 pandemic, in June 2020, the joint founder and CEO of the firm decided to purchase additional aircraft to grow the company’s fleet considerably. This case study...
Establishing a successful business enterprise requires a clear plan for its operations, setup, and running personnel. The Human resource sector plays a crucial role in managing employees in recruitment, training, supervision, and payment. The base pay structure is an essential component that must be set up with proper considerations. The...
CVS Pharmacy is a company selling medications and providing the population of the USA with health services, having more than 1000 retail clinics and nearly 10000 drug stores in America. It has online branches and a crucial digital presence in the USA. The strategic plan of this firm includes opening...
Collecting information and making an adequate decision based on overall data requires recognizing the stakeholders and holding all the necessary knowledge. Rogers (2021) states that for educational institutions, the stakeholders are usually principals, administrators, and teachers. They serve as primary sources and collectors of all the necessary information about the...
Leadership, in addition to solid character and certain characteristics, is often associated with prestige. This can be explained by the fact that not any individual can be called a leader, but only a person who possesses certain skills. Such skills, as, for example, the ability to listen or enter into...
Most large business companies have a Code of Conduct, which describes the ethical rules for their work. Such documents most often cover the legal aspects of doing business and ensure that new trends that do not yet have legal regulation cannot harm society (Abdul Rahman et al., 2020, p.1192). These...
In the highly competitive and dynamic global business environment, it is imperative for organizations to take risks, continually seek opportunities, and exploit new ventures to acquire a sizeable market share and ensure their survival. The understanding of how firms act enterprisingly has primarily focused on how companies identify and seize...
Advertising Industry Aviation Industry Five Forces: Threat of new entrants. Bargaining power of customers. Bargaining power of suppliers The threat of substitute products. Rivalry among competitors. 1. medium 2. high 3. low 4. high 5. high 1. low 2. high 3. high 4. medium 5. high Drivers of Success Innovation,...
The action plan for the product export covers the three initial stages of bringing the product to the new market: research and development, online retail and marketing, and offline retail. The first steps of stages 2 and 3 can overlap with the last steps of previous stages. The progress will...
The development process of any organization, both commercial and public, depends on management and the correct allocation of resources. However, contrary to popular belief, such breakthroughs do not happen overnight. Although from the outside, such changes may look like a revolution, from the inside, this process is carried out step-by-step,...
Introduction God. Many people yearn to lend our maker but lack the chance to do it. That is why Brittany’s Hope is there to offer help in touching souls around the world. The non-profit believes in integrity, honesty, fairness, love, and above all, accountability. Brittany’s Hope operates as one of...
Introduction to Problem Decision When organizations experience issues in performance, the lack of engagement, and high turnover, managers are tasked with the challenge of boosting achievement and improving organizational effectiveness. In the organization in question, Open Access Inc. (fictional name), the company decision that was made concerned the introduction of...
Efficiency is of the utmost importance in any organization, and few organizations have as much at stake in this regard as the military. Unit readiness, which refers to the unit being prepared to fulfill the missions that may be assigned to it, is the crucial aspect of efficiency. Missions assigned...
Introduction Any company has many areas of activities, such as marketing, finance, business, and supply chain management, that require consideration, support, and development for the successful operation of the business. As a worker in the hospitality industry, I understand the need to study these areas in detail to apply them...
Major online stores and service providers, such as Amazon, Tinder, and Spotify, excel at taking significant portions of their respective markets through disruptive innovations. They have shown that success in the digital market lies in delivering new experiences and adhering to a customer’s tastes (Business Disruptors, 2017). In this paper,...
Time has become the main goal in today’s rapidly developing world. Technological progress gives people the opportunity to distribute it economically and intelligently. One of the tools for this is taxi services, which have become widespread in society. One of the most successful companies providing services for the transportation of...
Project cost and funding mix Abbott (2018) states that Loy Yang B is a 1,000-megawatt plant with two 500-megawatt units. The state government of Victoria offered for sale a 51 percent share of Loy Yang B, a A$2.4 billion asset. Loy Yang B sale was made to Mission Energy. The...
One may usually point out the main challenges that for-profit organizations face in developing countries: lack of transportation and communications infrastructure, education of consumers, and lack of firms’ mutual trust. Firstly, it is claimed that one of the business challenges that developing countries face is the lack of necessary infrastructure...
Nowadays, there are many companies with a significant turnover of both employees and income. No wonder that for these companies, truancy level is an important factor that needs to be monitored and improved. Excessive absenteeism negatively affects the overall workflow and the level of profit and business efficiency. One of...
The Hong Kong dairy market is shifting from cow’s milk to plant extracts with fewer calories due to the high prevalence of lifestyle diseases and health concerns (Wu, 2020). Coconut milk contains only one-third of the cow’s milk calories and therefore serves as an antidote to the dynamic dairy market...
Executive summary The UK is among the countries that have experienced climate change effects such as heatwaves. To effectively tackle this issue and lower the number of emissions, one sector to focus on is the electric vehicle industry. In the UK, the government supports the growth of the electric vehicle...
Introduction Selling is an employee’s profession that requires a customer-centric sales strategy. Sales are made through person-to-person conversation. The discussion may occur in person or over the telephone, but the core of a good result is contingent upon the seller’s ability to establish trust in customer relationships. Establishing credibility and...
The topic I have been researching this semester is business startups. This is a significant research area because startups are considered the key way to bring new technology to the contemporary market. As our world grows more virtual and an increasing amount of companies shift to providing intellectual property rather...
Literacy programs on business operation for all existing employees and strict literacy requirements for recruitment of new employees are instrumental. The education of existing employees should incorporate convenient means such as computers that ensure they learn in their spare time and practice the skills in daily business operations. The requirement...
Ensuring business sustainability is a challenging task, especially for global companies that work with countries with different cultures and regulations. Some countries have incentives for companies to sort and recycle waste, while others do not have the resources to organize these processes. However, McDonald’s is committed to practicing sustainability packaging...
Corporate Social Responsibility (CSR) is one of the essential concepts and practices of doing business in the modern world. Taking care of stakeholders and the environment and complying with all legal regulations and laws is a necessity for companies that want to achieve success and receive public support. However, participation...
The company is a provider of publishing services on a digital platform. The main idea of the company is to create an independent magazine, which in the modern media space is called a zine. This resource is conceived as a digital media publication that can publish amateur materials in professional...
Introduction To begin with, it may be noted that people inherit certain character traits, thanks to which they will be able to improve their leadership skills. If people do not develop specific inclinations, this privilege will become naught over time or remain reasonably low. There is also an alternative opinion...
Introduction Correctly defined business activities and objectives often promote the enterprise’s growth and ensure that its overall economic standing is stable for years to come. However, the corporation’s leaders should be especially knowledgeable of the specific organizational endeavors and their benefits for the desired developments, presenting the most crucial ideas...
Business Plan Pitch Pharma Supplies LLC is a medical courier company that will be involved in transporting medical tools to patients and healthcare practitioners, samples to medical workrooms, and transport donor organs and receiver patients to health facilities. The main objective of the business is to become one of the...
The in-depth analysis of the environment and staffing issues is the major objective of HR planning along with the strategic coherence of all HR systems and activities to organizational goals. Bennett and Brush (2018) support this statement through their article that addresses Corning’s HR Strategic Planning Process. The authors examine...
The Starbucks coffee shop chain is ubiquitous and one of the fastest-growing food and beverage companies. Starbucks was founded in 1971 by two passionate coffee lovers. It was planned to create a company to purchase coffee beans, roast them, and sell to other companies at the initial stage. Starbucks is...
A medium-sized off-site catering business is not easy to sustain. The owner should always account for all the things that happen during working hours. Apart from managing the employees, the kitchen facility, food delivery, and servings preparation, there is also the financial part of the catering business. To ensure the...
Processing costing is the most viable accounting method to be used by Ada Wilson Factory to account for the cost of manufacturing NFL footballs. The process costing method will be used because the Factory produces NFL footballs in large quantities, and the products are similar. In addition, the method assumes...
Purpose This business plan was written to assess the viability of the intended Fruit business exportation of fruits to Mexico. The project considers the cultural, economic, and political aspects of the receiving country to determine the conditions required for successfully introducing the product in the Mexican market. The cultural components...
Introduction Currently, the promotion of companies through social networks has become a reasonably effective tool for attracting customers and increasing profits. Various methods of increasing demand for goods and strengthening customer confidence in goods and services advertised on social networks have been actively developed. One of these methods was personalization,...
Synopsis Tech Data Group is one of the companies involved in this audit. This company is a subdivision of Tech Data Corporation, and it prides itself in providing technology products and services at wholesale prices. As such, the company works with over 9,000 employees. Tech Data Corp is located in...
The selected incident is the 2008 Louisiana Chemical Spill, which occurred due to two rail cars collision. The cars were carrying hazardous chemical compounds, which were ethylene oxide and hydrochloric acid, and since the combination of these two can be highly dangerous and possibly cause an explosion, an immediate evacuation...
First of all, I would like to thank you for giving me the opportunity to participate in the Latin Scholarship competition. I graduated with a bachelor degree in Business from a Brazilian university, which allows me to be quite competent in the field of entrepreneurship. In addition, I have my...
Project cost and funding mix IBP, Inc (2017) states that the project cost is estimated at $ 500 million. It was financed by equity capital received from shareholders and external borrowings. OM Sarawak comprises a joint venture between OM Holdings Limited (OMH) – 75% and Cahya Mata Sarawak Berhad (CMSB)...
Introduction Companies, when conducting their operations, must always take into consideration the ethical aspect of their business and assess the projects they engage in from the perspective of morality. Some enterprises choose to overlook the established social norms and make profits their priority, while others avoid participating in ventures which...
In Mintzberg and Waters’ terms, there are several features of CSR strategy that are planned. Mintzberg and Waters (1985) note that here “leaders at the center of authority formulate their intentions as precisely as possible and then strive for their implementation” (p. 3). This strategy is guided by four priority...
The Code of Ethics combines the most important values, principles, standards of behavior, and ethical norms that form the corporate image on a global level. In order for the successful international development of a corporation, I would suggest the following three provisions prior to the code of ethics. Employees of...
It is evident that the COVID-19 unexpected challenges make most major companies change their strategies and adapt to the new circumstances and the needs of their customers. It is possible to say that all organizations were in relatively equal positions, but thanks to the outstanding skills of their managers, some...
Summary ReDefine is a company that seeks to provide unique tourist experiences in well-known and not-very-familiar destinations around the world. It is based on the idea that travel can bring more happiness, satisfaction, and joy than it usually does. To achieve that, the firm offers several unique services for its...
One of the viewpoints where entrepreneurs are battling between remaining with the old ways and taking the path of least resistance is the client experience. Associations that can rapidly reconsider their omnichannel way of dealing with a particular client experience will recuperate quicker from the computerized insurgency (Smith and Zook,...
Introduction A business proposal is a formal document intended to provide insight into a service that a company offers. In this case, the SOSTAC marketing model for planning is utilized to set up a restaurant for potential investors (Chaffey, 2021b). This essay will critically discuss the nuances of tactics under...
Control costs in Better Beauty primarily relate to the processes that the management is implementing to optimize operations and ensure higher profitability. Budgeting has identified several areas of the firm’s higher spending, such as capital equipment and renting costs. However, the research of the issue itself has been a source...
Organizations should embrace the corporate entrepreneurship spirit to ensure they remain relevant. Corporate entrepreneurship refers to the adoption of a strategy that encourages employees to be innovative by proposing and introducing new methods of operations. The current business environment is undergoing numerous transitions and technology is being incorporated into business...
Executive Summary Advances and developments in gas utilisation and processing are significant research subjects because of their relevance to different industries worldwide. Moreover, the resource is necessary to form most countries’ economics and is involved in political decision-making. This research methods report explored how gas-related industries and studies change from...
Project cost and funding mix Ghandikota (2002) notes that the original project cost was $ 3.1 billion. It was subsequently reduced to $ 2.65 billion. The project was sponsored by well-known players in the sector with a solid technical and financial reputation. These include Enron Power Corporation (80%), Bechtel Enterprises...
There are different types of bosses in different organizations, so it seems that the question of whether the boss is good depends on the individual preferences of employees. As for me, I think that I lean more to consider myself a conservative person, so it is always hard for me...
Global Marketing McDonald’s promotes a single brand with common characteristics in markets around the world. This is the largest fast-food chain, which is represented all over the world. McDonald’s occupies a leading position in the fast-food restaurant market. The international fast-food chain prioritizes its menu, as it helps attract the...
Introduction The planning step of an agile release is crucial in the process of marketing a company’s product. To ensure the long-term success of the firm, the plan provides a framework for the organization to work within. Stabilizing the market in terms of planning helps the institution contact its customers...
Introduction to Team-Leadership Theory Every single organization needs a team leader who is liable to organize all company processes to perform themselves as a united body. The mechanism of arranging the company performance where all organization participants work collaboratively in order to achieve a final goal of a company adjustment...
Overview of an Article Written by Valentinov and Pérez-Valls in 2021, A conception of moral wayfinding for business managers is an article that explores current business ethics in management and the possibility of enhancing organizational learning and guidance. The researchers define the primary moral obligation of managers as running “corporations...
Organizational citizenship behavior has been increasingly popular and focuses on a person’s action that is not openly acknowledged by the existing reward approaches despite its promotion of successful operations in an organization. It embraces factors such as courtesy, painstakingness, voice, help-giving, and sportsmanship. Among the five aspects, help-giving, which entails...
St Francis Mission is a medium hospital It deals with cancer treatment and serves diverse patients It’s necessary to enhance inclusion and diversity to offer quality health care Principles of administrative management define important responsibilities Encourage an understanding of the baseline Promote teamwork and coordination The managers need to identify...
Briefings on the Content Deborah Acosta’s article “Job Interview Preparation Tips to Help You Stand Out” talks about five important things to succeed in a job interview. The first step is a detailed analysis of the vacancy and requirements for a future employee. The second step in preparing for the...
In the competitive job market, most view politics, influence, and power from a negative perspective. However, we have to learn how to apply the concepts ethically in our workplaces to achieve our goals. Power to facilitate promotion can be acquired by ensuring outstanding productivity. In essence, one must ensure that...
Introduction Undeniably, supply chain disruption is not a new phenomenon for many leading companies worldwide. Over time, pandemics such as SAR-2012, MER-2013, and political situations, including Brexit and the 2019 China-US trade wars, have caused supply chain disruptions for many companies in some parts of the globe. However, the outbreak...
Any business venture starts with an idea upon which it is built. Although it is difficult to put forward a genuinely unique concept today, the ones already on the market can be further developed and expanded upon to offer the target customers an original product or service. The business idea...
The United States is pursuing an active government policy to regulate and stimulate entrepreneurship. In 2003, a new presidential program to support small businesses was adopted, designed to give additional impetus to developing this vital segment of the civil and military economy (America’s Small Business Development Center, 2020). Many small...
Introduction Budget is an important component of a company’s financial structure and may aid in its growth. Debt often has cheaper funding costs than stock, making it an appealing alternative for CEOs. However, a firm’s cash might be harmed due to interest commitments. When corporations employ loan capital for commercial...
Supplier relations are essential for the proper functioning of a firm. From a general perspective, this process consists of identifying and selecting the best-value offer for a company. This way, the firm obtains the required materials for the production of its goods or provision of services. In other words, the...
Successful professional relationships are essential to working effectively in healthcare settings. Relationship-oriented work is a personalized approach to maintaining a positive climate within the organization. Professional associations include team members, colleagues, other professionals, and people who need treatment. Thus, the State’s professional attitudes require physicians to have the professionalism and...
Introduction It is important to note that the performance ratios of a company play a critical role in assessing and monitoring the overall validity of the organization as a business enterprise. The given analysis will primarily focus on evaluating the financial condition of Costco Wholesale Corporation on the basis of...
Project cost and funding mix A French oil company enters the fast-growing Spanish market through its subsidiary Total Solar International through agreements with Powertis and Solarbay Renewable Energy to develop 2 GW of generating capacity. According to France’s Total entered the Spanish solar market with two deals. (n.d.), the cost...
The difference between international and global corporations is essential to consider in the business environment. While an international corporation is defined as a company that operates in at least two different countries, a global corporation is involved in the market of several world countries (Abraham, 2012). In addition, international corporations...
Nowadays, many companies face difficulties in decision-making processes, as, due to severe market competition and COVID-influenced recessed economies, the cost of mistakes becomes incredibly high. To offset the possible negative implications of wrong decisions on the company, more and more managers rely on statistical data to help them make the...
The robust supply chain can enable companies to outperform their competitors by obtaining their products faster, safer, and lower costs in a highly competitive business world. BASF, a global chemical company, emphasizes several aspects as critical drivers of their successful supply chain. Namely, they stress the importance of digitization, business...
Background Starting your own business always involves risks and economic threats; there is never a guarantee of success, no matter how effective the leader is. The initiation and profitable existence of a commercial project depend not only on the personality and skills of the leader but also on a combination...
Introduction Gaining the confidence of the local audience assists a company in improving its national and international reputation with an increase in customer loyalty and referrals. Culturally responsive transformations and localizations may create a brand’s dominance in an area for showing that it is considering the needs of its customers....
Globalization has affected and caused changes in multinational companies’ strategies (MNEs) and other large corporations operating in different countries. Globalization is described as a continuous process through the integration, global communication, and trade network of regional economies, societies, and cultures. While developed nations’ internationalization has been long pursued by multinational...
Introduction After the release of the world’s first iPhone back in 2007, it instantly became a sensation. The company managed to make a breakthrough, so the new model and its descendants were guaranteed success. I myself am an active user of Apple technology, which is why I chose to consider...
Consumer behavior, as well as factors influencing purchasing decisions, is what the marketing strategy of most companies is based on. The purchasing decision-making process includes several stages: problem recognition, information search, alternative evaluation, actual purchase decision, and post-purchase behavior (Qazzafi, 2019). The first stage, problem recognition, begins with the buyer’s...
Internal Rate of Return (IRR) is used to approximate the profitability of possible investments. The discount rate, which makes Net Profit Value (NPV) zero, is IRR. Note IRR is the annual return rate that equates NPV to zero. The higher the IRR, the investment will be more desirable. To calculate...
Disney’s ongoing success, which has a significant history, can be attributed to the company’s expertise in diversification, which accumulates value. The strategies that contribute to Disney’s current state as an industry leader were first implemented by current CEO Michael Eisner beginning as early as 1984 (Rukstad et al., 2009). These...
Introduction The impacts of the current COVID-19 pandemic on various aspects of life, including the labor market, are significant. Most areas have had to adapt to new conditions in which restrictions on social contacts are maintained. As a result, remote work has become one of the mechanisms to reduce the...
Toxic managerial behavior harms organizations by making workers worry more about surviving in the office jungle than the actual work tasks at hand. These behaviors include humiliation, devaluation, blaming others for their mistakes, bullying, and aggression (Senge, 2006). This can also manifest itself in the gaslighting form, a type of...
Introduction. Industry The industry chosen is skincare products with the appropriate name. They offer a wide variety of beauty and skincare products used for basic skincare, health-related skincare, and professional cosmetology uses. The business operates both in retail and direct-to-business sales, most of them occurring regionally. The company products are...
Air pollution, global warming, deforestation, and other environmental issues have become major in modern life due to the rising negative effects of humans’ influence on nature. According to the Worldwide Fund for Nature (WWF), 16 of the 17 warmest years due to the record happened to be from 2001 to...
Melissa Richardson sees a good manager as a person with advanced motivation skills, encouraging steady working relationships within the team of professionals. Richardson’s actions comply with her ideas: she joined training on team motivation and read books on leadership, discussed her team sales performance, and applied her motivational skills to...
QuickBooks QuickBooks is noted to be an especially well-liked piece of software for small businesses. Among its benefits is the use of cloud storage and a compatibility with third party applications. In addition, the app is also perfect for beginners, offering a combination of flexibility and accessibility hard to compare...
Choosing the proper channels, strategies, and marketing and promotional approaches is key to successfully selling any company’s products or services. This choice depends on many internal and external factors and circumstances that the company needs to consider to get a return on its investment and gain audience interest. These factors...
Tesla is a world-famous American company that produces electric cars and solutions for storing electrical energy. Today, it is one of the world’s best-selling manufacturers of electric cars. Additionally, Tesla has one of the best, competent, and visionary leader. Through his actions, the organization effectively unites, distributes, and concentrates efforts...
The real estate market is currently quite well-developed. However, buying real estate from a legal point of view is a very complex procedure and requires careful preparation before its implementation. In the event of an error when checking a home, the excitement of buying a home can turn into drama...
Abstract This paper confirmed the high organizational transformability of accounting, but it did not prove the real problem of replacing human labor. The key emphasis of the study, unequivocally reflecting its brief essence, was recognizing the idea of a change in the role of the accountant over the past decades....
Project cost and funding mix Egyptian Refining Company (ERC) is the largest infrastructure megaproject both in Egypt and Africa as a whole in the form of a public-private partnership. According to the Egyptian Refining Company (n.d.), this modern refinery is worth $4.3 billion. At the same time, equity capital is...
Analyzing International Competitors Potential Competitors To assess international competitors, one must investigate multinational corporations (MNCs). The top Indian companies that operate in the ICT industry are Tata Consultancy Services (TCS), Infosys, HCL Technologies, and Wipro (GlobalEDGE, n.d.-a). All these companies have large revenues and market values of billions of USD,...
From my perspective, a diverse organization should go beyond the common definitions of diversity, broadening the workforce and ensuring that representatives of various social groups and capabilities are employed. In the current age, ensuring diversity in a workplace is a crucial concern for numerous companies, and organizational leaders are expected...
Introduction The modern market for goods and services is notably diverse. A particular management model is needed to properly control sales and increase the effectiveness of the marketing strategy. One of the fundamental points of this method is the product life cycle, which considers the different stages of the product’s...
The role of the collection of data and its subsequent analysis in the industry is as big as ever. Specifically, it pertains to the managerial field – where the quality and nature of a decision can greatly alter the company’s vector of growth and development. The usage of big data...
Personnel turnover control is one of the key functions of the company’s HR specialists. By managing the process of employee movement, they identify the reasons for layoffs in time and take measures that prevent negative consequences. In essence, employee turnover refers to the percentage of employees who leave the company...
Ben & Jerry’s has a reputation as a socially responsible company. They try to combine, at first glance, difficult compatible things: to prosper financially and take care of people. They do not describe themselves as a vast conglomerate, striving only to earn more and more money every year. They, first...
Introduction Due to the current issue of climate change, many organizations tend to come up with solutions intended to remove uncertainty and recognize the need to attain stability and focus on economic and environmental benefits. Unilever’s history shows that the company was interested in sustainable well-being from its founding date,...
Drivers for Internationalization In order to understand the drivers of Wanda’s internationalization, it is crucial to understand the strengths, weaknesses, opportunities, and possible threats. Tables 1-4 provide Porter’s Five Forces, PESTEL, Capability, and VRIO analyses to identify the drivers for internationalization. Table 1. Porter’s Five Forces. Threat of New Entrants...
The cost of quality is a technique for estimating the expenses businesses spend to ensure that their products satisfy regulatory standards, including the costs of manufacturing items that do not. The objective of cost of quality calculation is to better understand how quality affects the company’s financial performance. In general,...
Introduction In order to become a leader in the modern world, it is not enough to be well educated and good at organizing people and processes. Finding the right team lead or senior manager for recruiters and HR managers is challenging. Companies need not just a competent person, but someone...
Sourcing strategies in procurement involve connecting data collection, market research, spending Analysis, contracting, and negotiation. Even though the sourcing strategy’s main aim is to leverage a single, integrated system that enhances profitability, it is customized to meet the need of consumers. There are various current and upcoming trends in e-procurement...
My business idea is a night club called Studio 305 which is to be located in Brickell – the financial center of Miami, Florida. Studio 305 is to be based on the legendary Studio 54 disco format circa 1977 – 1980. Brickell is often referred to as Manhattan of the...
The basis of a successful business: is one idea, great enthusiasm, and initial capital. When I start my own business, I have to be aware that this is a risk. One of the most critical keys to launching my project is getting sufficient funding for development. It is not easy...
Summary The purpose of this work is to give an idea of the main aspects that ensure the economic stability of PepsiCo. The impact of globalization and industrial progress is considered in relation to the activities of PepsiCo. Evaluation models will be applied: industrial organization and resource-based, each of which...
It has been reported that the international market is now facing division, with the governments putting much concern on supporting households and businesses that price regime. Even though freeing subsidies would have offered relief that government reserves desperately need, keeping them affects the economies and the climate. The global shares...
The Coca-Cola Company is an American food company, the world’s largest manufacturer and supplier of concentrates and syrups. The Coca-Cola company is also a global leader in the production of soft drinks. The company’s most famous product is the Coca-Cola drink, which has expanded into an international market. At the...
Introduction Human Resource Sergeants possess one of the varied roles in the military, and they should be capable of changing quickly in order to stay relevant. Human Resource Sergeants are the leader’s and troops’ direct lines of communication. Describing the essence of Human Resource in the Army, the paper is...
Workplace disputes are unpleasant, but unavoidable, and affect the overall atmosphere of the team. Workflows must be transparent and easy for employees to understand. If business processes are clearly defined, there is no room for confusion – the organization works smoothly. Because Diana had problems understanding the situation, a protracted...
The idea that economics is thoroughly divorced from ethics has been disturbingly persistent among general audiences. While the premises for the specified assumption could be seen as understandable given the multiple examples of global companies engaging in dishonest practices to multiply their benefits, economics should be seen as inseparable from...
The world is constantly changing, and this poses new challenges for the military leadership of today. Apart from the cultural challenges and the challenges presented by the new advances and technologies, there are several other important dimensions related to leadership. One of the challenges is defining and describing in detail...
Creating and developing an application is a multistep and complex process that requires knowledge and a particular scheme. Different approaches and strategies are used to create efficient and operable software successfully. Methodologies help to plan out the whole software development life-cycle, and each method promotes different aspects of the work....
Zappos’ corporate culture is built on 10 core principles that are a priority for the company. The main principle of the company is to deliver WOW through service, which emphasizes the people and customer-centered approach. Additionally, the company strives to drive change, create a little weirdness and fun, be creative...
Accommodating employees with disabilities represents a unique challenge, even in the current era of multiple technological advancements and digital aids. As the case study under analysis demonstrates, the failure to address the needs of staff members with health disparities affects the general performance levels of a company to a spectacular...
Introduction Strategic planning is formulated to attain the organization’s overall goals, such as the market restrictions, the demand from the stakeholders, and the accounting. A strategic plan is concerned with the organization’s future (Lo & Sugiarto, 2021). Thus for any business to remain vital and successful, it has to formulate...
Executive Summary This marketing plan presents the M1 Mac Mini, a revolutionary Mac desktop, the innovative product created by Apple company, which develops and sells computer technology. The company has a long history of development and improvement, and today, Apple products are the most expected, sold out, and recognizable among...
Introduction Evolving globalization trends have significantly contributed to major changes in the fields of business and economics. The effect of recent technological advances is evident as well, with banks becoming more dependent on online systems. As a result of accidents and faults in the mentioned systems, unplanned events eventually cause...
