10895 samples of this type
A high level of competition between companies in the modern globalising world necessitates organisations to emphasise their human capital. For an organisation to strive, it has to invest in forming good relationships with employees based on envisioning them as key stakeholders. Indeed, workers inside the company should be perceived as...
The company that I have chosen to look at is Tesla, Inc., which has experienced significant financial risks due to the volatility of the automotive market and the changing needs of customers. Among the main risk factors that the company has reported experiencing are delays in manufacturing and other challenges...
It is important to note that there are a number of different pricing strategies which differ in their strategic objectives. The skimming price strategy enters the market by offering the highest price for a product, which is subsequently lowered as needed. Such an approach is useful in order to maximize...
Introduction Adrizalia Soldaduras, S.L. is a small, 10-people family company based in Barcelona, Spain; the company’s products are designed to serve the copper pipes. The company’s profit decreased after the crisis and has not recovered yet. The company has been operating since 1988, without significant changes in the structure and...
Job analysis can consist of contradicting information gathered from various SMEs on the matter of tasks and KSAOs required for a job. This is due to the fact that the position and its obligations might be viewed differently depending on the SME. A customer does not always have the knowledge...
Hiring employees is regularly presented as one of the most challenging tasks for employers, which requires the proper attention and approach of hiring managers. Various legal provisions protect these social classes from hiring women, people with disabilities, or the elderly. Most questions are raised by legislation regarding students and non-disabled...
Introduction The health sector is essential to both the economy and society as a whole. It gives a lot of people jobs all over the world, which helps social and economic growth. It is crucial for the health and social well-being of people who work. Over the past several decades,...
It should be noted that DSS is aimed primarily at interactive interaction with business, in particular, with the management of an organization or project. This tool allows management to modernly and efficiently obtain the necessary information from primary sources for its subsequent analysis (Finn, 2021). It helps to identify the...
Exxon Mobile is the largest in the world oil and gas company. Its P/E is currently 15,32, favourably compared against Shell’s 10, 63, Continental Recourses’ 13,44 and Occidental Petroleum’s 36,47. P/E shows the relation of a price of a share to the profit of the company (Exxon Mobil Corporation). The...
Data analysis provides profound and useful insight into a business and its customers, but to benefit from it, one must know data interpretation techniques and apply them to the chosen business strategy. Prescriptive analytics view future scenarios in the development of a business and provides practical improvements (Newman, 2020). Machine...
The case study considers the $350 million Kingsford Charcoal brand of Clorox corporation. Kingsford has been the dominant charcoal brand in the USA, where charcoal is used widely for grilling outside during the warm seasons (Narayandas & Wagonfeld, 2006). Two main grilling methods in the USA are charcoal and gas...
Introduction Starting a new business requires making several crucial decisions influencing the company’s future, including the structure of the venture. The Internal Revenue Service (IRS) (2022) highlights five common types – sole proprietorship, partnership, limited liability company (LLC), corporation, and S corporation. Each of them has its characteristics affecting the...
Growing and selling wines in the USA have differed greatly from the practices adopted in the Old World. Stricter regulation of the industry as well as an accent on branding and marketing, allowed New World wine companies to compete favorably against the best wine companies of the Old World. Among...
Products The Canadian Moose Hat Company has manufactured winter hats for almost a hundred years, especially for skiers and people who go camping or hiking during the cold winter. Most hats are designed and sold to men and women aged eighteen years and above, and men represent the highest sales....
Introduction Regardless of whether it is a business or another field of activity, any deal requires sufficient attention and time spent on success. Moreover, a well-chosen approach allows you to succeed exceptionally quickly and cope with the task quickly to be productive and effective. However, there are many ways of...
Executive Summary Countries and islands along the Pacific coast face numerous challenges in the shipping industry due to social, technological, climatic, and economic factors. Significant factors affecting the industry include capacity constraints, the smallness of the islands, economic instability, distance from large markets, and effects of climate change. This paper...
Hiring and maintaining diverse personnel is the first step toward diversity for Ms. Dickoff. She can improve the situation by employing a variety of employment boards. As such, she can order to post job postings on diversity-focused employment boards. On the company’s website’s career page, they should emphasize diversity. Next,...
Problematic situations in communication with clients and helping professionals arise everywhere and are the norm of interpersonal communication. One of these difficulties can be a different cultural barrier between employees and customers. As a rule, this happens with clients from other countries or other cultural backgrounds. In this case, the...
Introduction QPR Company is an international business organization that deals in electronics and groceries. The firm has various stores located in different cities and towns in over 30 countries across Europe, Asia, Africa, North America, South, and Central America. In the past decade, the corporation has been one of the...
Executive Summary BNE Pty Ltd is a specialty frozen-food processor that has achieved significant business success. That is why the leading purpose of the given report is to comment on what changes should be implemented so that the company can effectively assess its performance. Every employee should be valued, which...
Friedman’s suggestion about the requirements for applications in public relations seemingly undervalues the work and role of public relations specialists. Viewing the work of public relations specialists through the lens of added value allows Friedman and other wide audiences an opportunity to undervalue the role of public relations in the...
Leadership’s primary goal is to navigate and support a group of people in various endeavors. While performing this task, a leader will run into so-called “problem situations”, which include both personal and professional setbacks. One of the negative personal difficulties I consider the most difficult is the imposter syndrome. Imposter...
Availability of resources is one of the main factors to consider while deciding how to staff a project. This will help to ensure that the resources are optimally utilized to avoid wastage (Viter, 2021). It is possible to staff a dedicated team of resources if there is a constant, reliable...
Whirlpool Corporation is an American multinational company specializing in manufacturing and marketing kitchen and laundry appliances. According to Whirlpool Corporation (2021), the company is firmly committed to the development of innovative products that make life easier for its customers. Whirlpool Corporation has come a long way from the introduction of...
The COVID-19 pandemic has caused enormous damage to the economy, including the economy of Malaysia. Other countries also collapsed, lost international trade, and sometimes canceled already-concluded supply agreements. The consequences of the pandemic, of course, will manifest themselves in every country, be it a civilized state, a political and economic...
A successful staff training session requires eight essential elements in order to provide staff and management with a cohesive process and a productive environment. First, an effective training program relies on skilled leadership that can adequately manage the process of learning. Second, the staff’s learning needs must be identified for...
Business Intelligence Justification Business Profile, Issues, and Responses Bear Stoned Park (BSP) is a clothing brand that puts its focus on the 420 lifestyles for adults. The organization was first created in 2017. The owner, Jerry Butler, wanted to break the negative stereotypes associated with the consumption of marijuana and...
Accounting gained popularity across different industries, with financial (FA) and managerial accounting (MA) being the two major types. According to Accounting Stuff (2019), the former reports “entity’s financial transactions” to extant and prospective creditors, lenders, or investors (2:04). Meanwhile, the latter communicates financial analyses to the administrators “to assist them...
Introduction The American work culture can be viewed as a set of guidelines that describe the typical working regimes of American citizens. Typically, the concept is related to the American efforts of promoting inclusivity and diversity in the workplace, and always reaching for the top positions. As the 40-hour workweek...
Abstract The main problem of this case is the demonstration of the developed new recruitment model in the company. It was created by the Office for Content Workforce Management (OCWM), which corresponds to the fact that new approaches and standards were introduced to select new employees. However, in order for...
Introduction The experience economy refers to the type of economy in which many goods and services are sold by focusing on their effect on people’s lives. Most people in today’s world tend to spend more money on experiences than commodities because experiences are more memorable. Most businesses are now determined...
The COVID-19 pandemic has affected companies and organizations worldwide in many ways. To mitigate its negative effects, experts suggest various strategies, including those related to human resource management. One of its elements is controlling employees’ competence level, motivating them to upskill or reskill if needed, and providing them with opportunities...
Nowadays, when the labor market has been restored from the lockdowns of COVID-19, more and more people are looking for jobs. Belonging to different generations, people have different values and expectations of a workplace which employers should necessarily consider to recruit talented workers. The millennials and z-generation are among the...
Informal activities such as team-building games can serve as a valuable instrument for improving morale and productivity by enhancing the group’s cohesiveness. Various games can be successfully used to achieve this goal, depending on the group development stage. For example, a simple “Trading Cards” game would be beneficial during the...
Introduction Organizations often change due to internal and external factors, and General Motors (GM) is one such company that has experienced a transformation. Kuppler (2014) describes the corporation as a major automotive manufacturer facing an ignition switch crisis that led to the deaths of several people. The enterprise’s main attributes...
Definition of corporate sustainability strategies Corporate sustainability strategies ensure that sustainable development activities aim at social, environmental, and economic dimensions (Baumgartner & Rauter, 2017, pg.82). Corporate strategy is whereby an organization focuses on long-term stakeholder value by looking at the social, environmental, economic, cultural, and ethical dimensions of doing business....
Introduction After Malaysians noticed a decline in the number of new COVID-19 instances, the need for workforce revitalization occurred. If the number of new cases in the country can be kept low, all sectors of the economy should be fully reopened. Malaysia is preparing to resume its economy after more...
Imagine being a beginning developer and hoping to make a living from your work. You distribute your first app, and it turns out to be impossible. You have to face many costs, and the market’s fees take the small percent that could have been your profit. Google’s Play Market and...
Introduction Businesses can greatly benefit from forming a formal business organization. It ensures the protection of business owners and decreases tax expenditures. After analyzing some of the advantages of formal business entities, this discussion post will describe some of its disadvantages and suggest that forming a formal business organization helps...
Introduction The pet care industry in America is a fairly mature service industry, representing a mature business with a steady and growing clientele. To open and maintain such a business, it is necessary to study the structure of this industry in the market, assess the risks and rewards, and also...
Introduction The Shetland Wool Company is a small family-owned business that manufactures very high-quality hand-knitted wool sweaters. The company owns an office where all operations not related to the manufacturing process are conducted. On the other hand, the production process is not centralized as employees work from their homes. Finished...
Introduction The modern world is quite fast-changing, and adaptive modifications are required from all industries, including the field of online shopping. Recent developments in the sector of Internet retail have been affected by global and national consequences of the spread of COVID-19. In particular, the current pandemic has dramatically boosted...
Although different companies select various pricing methods for their business, one general process is involved in establishing prices. The procedure includes eight steps: developing pricing objectives, the target market’s price evaluation, demand determination, analyzing demand, cost, and profit relationships, evaluation of competitors’ prices, selection of a pricing basis and strategy,...
The concept of an authentic leader is rather new and still in the process of development, but it already demonstrated its effectiveness and relevance in the modern world. This type of leadership appeared as a reaction to the unpredictable events, scandals, and fear of the dishonest managers and heads of...
Executive Summary The need to increase engagement in the company’s three branches in China, India, and the USA requires the organization’s HR departments to implement appropriate improvement solutions. Differences in cultural perceptions are constraints because a unified optimization strategy is not possible due to different views of employees on certain...
There was a global financial crisis in 2007-2008 that affected most countries and changed international monetary relations. The reasons are several global factors that, under certain circumstances, led to a large-scale halting. Among the reasons is the US mortgage crisis, which was characterized by a sharp increase in mortgage defaults...
Introduction The underlying distinctions between the Anglo-American and German or Nordic labor systems and the many forms of capitalistic theory can be considered a substantial field of research. Economic historians aim to address the greatest financial regulations, their reliance on historical identity, and other variables that influence economic performance differences...
Introduction The International Paper (IP) is an American pulp and paper company, and it is the largest such company worldwide. The company is currently experiencing a decline in its business due to the global transition from paper products to digital media. However, IP has adapted technologically and financially to the...
A supervisor can be a leader, but a leader is not the same as a supervisor. These controversies are vital in many management discussions and debates. A leader is a person who has won recognition in some team and enjoys great prestige. Unlike leaders who focus on resources and organizational...
Kurt Lewin’s change theory model is based on a three-step process (unfreezing, changing, and refreshing) that provides an approach to improvement at a high level. Kurt Lewin has developed a theory that explains the mechanism behind the change. He argued that for people to change, they must move from their...
Most companies have stopped using traditional selling methods due to the rapid development of technology, as the Internet has become the leading trading platform. In 2022, it is difficult to imagine a severe organization selling any products without a website where you can pay for purchases. E-commerce has no space...
I am a public relations manager and a representative of Samsung. It is necessary to talk about a recent issue regarding our new line of Samsung Galaxy Note 7 smartphones. The aforementioned model are the latest in our Samsung Galaxy line, and the biggest technological leap we have made presently....
In business, there are various tools for assessing factors and effectively making decisions based on them. SOAR framework is one such approach that allows describing significant internal and external factors. Specifically, SOAR analysis includes strengths, opportunities, aspirations, and results. This framework can be used to assess individual factors that could...
Steps in Building a Strategic Plan The first step in formulating a strategic plan for a healthcare organization is the identification of objectives. Objectives are necessary for an organization to keep track of its performance and progress in plan implementation. Even though objectives are laid out by the governing body,...
The company needs to improve its leadership qualities, without which the company cannot exist. Changes and improvements in the current situation can be traced to the example of Welch and his colossal work at GE. Thus, the first necessary change and one of the leadership concepts is the opposition of...
The current composition of the group lacks the necessary balance, as three of five animals — a donkey, a monkey, and a peacock display potentially disruptive behaviors. However, only an inspirational lion has the authority and power to rectify the situation, while a nice and loving cat is too busy...
Introduction As a Chief Diversity Officer in an organization in the retail industry, recognizing the need to implement a DEI-oriented course is necessary. Since not everyone is ready to support new changes fully, this plan will provide information on the benefits of introducing DEI policies. The changes themselves and their...
This memo addresses recent events involving a former employee and accusations of breach of code of ethics resulting in her termination. Heather Smith worked at Lord Berkeley corp for six months before her termination over the aforesaid breach of code. The facts of this case were that the employee took...
Kantanen, K., Kaunonen, M., Helminen, M., & Suominen, T. (2017). Leadership and management competencies of head nurses and directors of nursing in Finnish social and health care. Journal of Research in Nursing, 22(3), 228–244. Web. The article is devoted to head nurses’ leadership and management competencies and directors of nursing...
A binomial tree is a financial tool that seeks to present a graphical representation of different intrinsic values that an underlying asset or option can take in different periods. The first general approach was developed in 1979 by Cox, Ross, and Rubinstein and has since become a popular method of...
Introduction Organizational culture is a set of generally accepted, official norms, values, and behaviors in an organization or enterprise. Its main task is to achieve the intended goals and focus on a positive result. In brief, this term is usually understood as an expression of a company’s individuality and the...
The reviewed article entitled “Quality of service practices within the business market: An automotive industry experience” was written by Akbar et al. (2018). The article dwells on the way service quality is perceived by buyers with a focus on the automotive industry. The researchers implemented a qualitative study to explore...
There is a large amount of information that can help in determining the leadership style that suits a person. However, without knowing and analyzing their own traits, individuals will be able to achieve little. Thus, learning about oneself is an essential step in becoming an authentic leader (Northouse, 2022). Self-awareness...
The movement of people by air has always brought enormous profits, not only to the countries to which people have flown for tourism purposes but also to the airlines themselves. This is why there are many air transport companies in the world. There is a lot of competition in this...
Company Profile and Campaign Domino’s Pizza Malaysia opened its first store in 1997 and has established itself as one of the leading pizza companies in Malaysia in terms of market share, technology adaption, and physical stores (Domino’s Pizza, n.d.; Yee, 2020). To date, they have opened over 240 physical stores...
Introduction Effective strategic leadership is one of the primary factors affecting the success of any company. Strategic leaders have multiple roles including, but not confined to defining the direction the company heads, setting, choosing the methods to achieve the established goals, and enabling the organization to change and evolve (Yukl,...
Endometriosis Fund of America is a nonprofit organization directed at combatting endometriosis. It is a disease affecting women, which expresses via the inappropriate growth of tissue that is typically found in uterus. Medical News Today is a publication by a health information company Healthline Media. Journalists of this organization convey...
Introduction In this case study, the Florida re-entry subdivision is analyzed as a whole entity that involves three main departments. Firstly, the recovery department is focused on prisoners’ spiritual health. (Florida Department of Corrections, n.d.). The main objectives are to positively influence the individuals’ world perception from an educational perspective...
Introduction Corporate Diplomacy has created a dynamic social phenomenon, trying to consolidate inside the context of other relationships. Subfields such as foreign policy analysis and global political economy have gotten little attention in fields like corporate strategy and organizational design. The term diplomatic is often misused to describe the activities...
The brand is what differentiates a good or service from others. Thus, branding is implemented to distinguish something that one company offers from the same products produced by other entities. Having a solid brand facilitates high consumer loyalty, hence, profit (Keller, 1991). Since the provider of the goods is recognized...
Management discipline offers a myriad of ways to deal with problems within an organization. A keen manager will attest that not all problems are unique, and there exist repeating patterns in business, termed archetypes. A systems approach to problem-solving renders most workers inept at perceiving these patterns, which, if correctly...
Today’s communication is often built upon texting due to the high popularity of online contact. The LabSim platform provides advanced opportunities for communication through texting. The first reason this site was chosen is that it allows learning and communicate through video calls. This helps quickly solve the particular problem, which...
About Company Pepsi Co. is an international corporation that has distributed its products worldwide and gained recognition. They started producing and selling soft drinks that helped people survive the heat and served as an excellent addition to a delicious meal. The company also made snacks such as Lays, Doritos, and...
Background Caterpillar Inc. is the world’s largest construction machinery and equipment company. It produces, designs, and markets financial and machinery products. As the company notices on its website, for about a century, they have been “helping customers build a better, more sustainable world and are committed and contributing to a...
The project management office (PMO) presents one of the most important activities in management that focuses on providing directions, methodology, and training for project management. Furthermore, PMO is a critical factor in achieving project success as it improves the projects’ effectiveness through the active transfer of knowledge and experience and...
Introduction Unethical activities that people engage in while doing business transactions include lying, stealing, false impression, engaging in conflict of interest, unfair advantage, improper personal behavior, hiding information, allowing abuse, and condoning unethical actions. In most cases, people resolve to go contrary to their moral expectations when in dilemmas. However,...
In order for the hiring manager and the human resources (HR) manager to cooperate successfully, it will be crucial for them to build mutually positive relationships. The latter will provide the team with enough opportunities for data-driven analytics that could be utilized to innovate some of the processes across the...
Introduction Emotional intelligence is a vital skill that can be applied in a variety of situations, including conflict resolution and negotiation. However, as with any skill, not everyone possesses it, and people can develop it further by emulating a model of behavior provided by the leaders in their place of...
Introduction This proposal suggests launching a program in the online school to add foreign languages to the list of taught disciplines to attract new potential customers, expand business activity, and raise profits. The three years of the online school’s existence have demonstrated that, as a private educational organization, it has...
Numerous organizations worldwide vary in many aspects, including the way every entity treats its employees, clients, and other stakeholders. Whether leaders respect or neglect the interests of each party involved in a firm’s life depends on such elements as the vision and mission statements and the establishment’s worldview perspective. An...
Summaries of Existing Research The issue of employment discrimination and specifically discrimination in recruitment has been discussed by many scholars and academics in recent years. This literature review will present, summarize, and compare important findings from a number of such works. Adamovic (2020) conducted a research with a purpose of...
Introduction It is important to note that product assessments and subsequent marketing processes are heavily reliant on one’s ability to utilize a wide range of available tools to create an in-depth, comprehensive understanding of the prospects. The most critical and foundational concepts include the strategic planning process, SWOT, market segmenting,...
The changing of a business firm refers to a process in which legal structures of a firm may be modified. Currently, the most common forms include partnerships, corporations, sole proprietorships, or limited liability companies. Each form has a set of benefits as well as drawbacks. Changes in business form do...
One of the many effects of globalization on the business world is the intensification of competition. Initially, companies competed nationally or regionally, with some enjoying immense control over their local markets. Attracting and retaining talents is one way that businesses employ to seek competitive advantages. However, not all the workstation...
In the day and age of the rise of information technology, social media serves as a powerful tool for communication for people in all areas of life. Work is no exception: many employees use social media during work to collaborate, share information, and search for solutions to problems. Bizzi (2018)...
Introduction Michael Porter’s technique for competitive advantage evaluates the five forces for competitive strengths and positions of a business in its environment. The five forces include supplier power which assesses the ease of merchants to drive prices down. Supplier power is determined by the uniqueness of products, relative size, and...
Because the workplace is based on the relationship between employees, many different problems may arise. One of them that I expect to meet in the future may be discrimination. Despite the fact that movements to achieve equality in such aspects as gender and race are of considerable importance in the...
A high-performing team is a group whose members are deeply committed to each other’s personal growth and success. It far exceeds not only all other teams but all reasonable expectations, given the abilities of its members. Participants of such a team have a heightened sense of responsibility for doing teamwork....
Introduction Customers have more options when it comes to where they purchase products and services in the more competitive marketplace. For an organization to attain its targets, it should initially discover what shoppers desire and then select the ideal approach to meet their demands and preferences. It might be challenging...
Introduction Effective leadership includes achieving the organization’s goal and setting its tone and culture, planning and implementing strategies, acquiring resources, and recognizing and resolving conflicts (Fatien & Nizet, 2019). Leaders build employees’ strengths, talents and nature dedicated teams for a mutual benefit. Companies and other institutions all around the world...
Amazon.com, Inc. is one of the largest businesses in the world, created by billionaire Jeff Bezos. The company is known for its innovative approach to retail stores, which gave it an outstanding competitive advantage. However, internal issues may eventually prevent the firm from growing if left unattended. Amazon workers have...
Introduction An employment relation is an association between two parties where one party provides labor on behalf of another. This relationship should be differentiated from industrial relations, which mainly involve employees having labor unions who use conflicts as a bargaining tool for their rights to be met by the employing...
This is a pitch about an online reselling business that focuses on providing clients with items and materials such as clothes and bags. Online Reselling Business The focus of the pitch is to present a business idea for my online reselling business. The name of the business is Door-step online...
Introduction Steve Jobs, the founder of the world-famous Apple company, has become a symbol of everything advanced in the field of IT and an example of a person who built a sizeable profitable business from scratch. Steve Jobs moved into a little-studied field through trial and error, searching for perfection....
Before getting to the customers, the product usually goes a long way – the supply chain, which includes various components. It affects the organization’s profitability and is sensitive to multiple influence factors. McDonald’s is one of the world’s most famous fast-food restaurant chains, which is a sign of careful supply...
Modern society, having a highly developed system of commodity-money relations, is experiencing an ever-increasing need for specialists who perform accounting work. A person in this profession is not just an employee in the financial department of an enterprise or organization. This is one of the most important elements that allow...
Executive Summary Mission Statement Moo Boutique’s mission is to create farmhouse-style crafts, eccentric gifts, holiday décor, repurpose furniture, and love all things vintage. Objectives Moo Boutique strives to create things that add a unique value to one’s Interior and holiday decorations. This is done in an ethical and sustainable manner...
Summary It is hard to disagree that many people enjoy drinking coffee outside. One of the most famous companies offering such a service is Starbucks – an international and highly respected retail coffee and snacks store chain that provides people with high-quality goods and services. Despite the popularity of Starbucks,...
In my experience, leadership, power dynamics, and conflict resolution are aspects that are highly influential and prominent in every society. Therefore, they affect practically every element of a person’s life. In my experience, leadership and power dynamics come from studying and working. While thinking about the connections that I have...
The Amazon company effectively manages logistics and the supply chain. It offers a fast and organized way to store and deliver products. Sellers using Amazon services receive solutions for storing and tracking their goods. Buyers, in turn, receive the ordered item quickly, with the opportunity to monitor the purchase movement....
Introduction Leadership is a unique position within a social group that involves influencing other individuals to achieve goals. Leaders have always existed both in the animal world and in human society. Plato already asked questions about leadership emergence, and other researchers have repeatedly addressed this issue. The central conflict among...
Introduction Statistical principles are key in any organization as they help when making decisions. Businesses are able to compute, analyze and interpret data numerically relating to their performance. It is through data analysis that an organization can identify trends in their business performance hence making a rational decision on how...
A successful retreat must not only be educational, but also entertaining and well-planned. The most effective kind of retreat is one that combines work and leisure instead of focusing on just one of the two aspects (Malvicini & Serrat, 2017). It is difficult to evaluate how effective a team-building exercise...
One of the last conflicts that occurred at work was a dispute with a colleague regarding the fact that I noticed how he did not fulfil a number of his duties. The conflict arose on this basis, which led to the fact that all employees had a minor deduction from...
Introduction My company is Master Designs, and my product is spray painting. I offer various spray painting services, including home decorations, house painting, office painting, and other related services. Mission Statement “To quality and affordable services according to the customers’ preferences.” SWOT analysis Strengths Uniqueness: I offer unique services based...
There are two essential reasons why applicant reactions should be considered in the process of selection. The primary reason that cannot be overlooked is the need to give applicants all the reasons and opportunities to perform to appeal to the employer. According to Woods et al. (2020), this is a...
Uber is one of the most notable technology start-ups from Silicon Valley, which has earned global recognition and is used by millions of people around the world. Uber revolutionized and industry in the sphere of ride-sharing and caused many traditional types of businesses, such as taxi, to lose their clients...
The organization of business strategies in Microsoft concerns diversification and a vertically integrated approach. They offer a wide range of products, and each of these products has a competitor in its field. To stand out among its completion, Microsoft has to rely on the quality of their product and further...
As the completed SWOT and Porter analyses demonstrated, the MAC University Library has significant internal weaknesses and external threats that might hinder its competitive advantage in the market and reduce its value compared to rivals. To address these drawbacks and risks, the library should use its strengths and opportunities and...
Introduction The success of a business depends on the type of leadership employed by the management. An effective leadership model motivates the employees and creates a conducive environment to develop their abilities and become competent. Additionally, constructive leadership fosters friendly relations between the management and the workforce, promoting employee engagement...
Introduction Multinational companies struggle to dominate the sales market and capture new economic niches. Such struggles are justified by the desire to gain consumer appreciation, improve sales and audience reach, and, most importantly, increase profits. To achieve these goals, companies use a variety of marketing strategies and business plans and...
Introduction The Malcolm Baldrige Prize is an award created by the United States Legislature in 1987 to enhance top-notch administration consciousness and to honor firms in the United States that have successfully integrated continuous improvement. The Presidential Medal of Freedom is the country’s highest distinction for outstanding accomplishment. Baldrige assists...
Introduction Bureaucracy is a phrase used to describe a large, multi-layered corporation. Decision-making is slowed down by the structures and procedures that have been implemented, which are made to keep matters consistent and under control (Suzuki and Hur, 2020). Assuming that people always act following their own best interests, the...
Microsoft’s organizational structure is based on product type, engineering groups, and functions. Despite its scaling and becoming more hierarchical over time, the corporation has maintained its hybrid approach to work between management, engineering groups, and functions, allowing it to have both functional and geographic division organizational forms (Cuefano, 2021). Due...
There are many forms of employment prejudice. Race and color discrimination occurs when a person is denied an equal job opportunity because they are of a certain race or possess personal traits related to a specific race, such as hair texture and facial features (Reskin, 2018). Discrimination based on color...
Customer satisfaction and regular visits are fundamental to the restaurant business. Direct contact with the audience will ensure long-term client loyalty and improve the quality of service by motivating the staff. The value of Restaurant Portobancos can be rated according to criteria: service, menu, and overall atmosphere. It is essential...
The present article dwells on today’s increasing demand for electric cars in the market as a response to the ongoing gas price increase and uncertainty surrounding gas supply to the US from Russia due to the recent Russian invasion of Ukraine and sanctions related. In the article, the author addresses...
Nowadays, with the tempo of life constantly increasing, many people tend to feel frustration and disappointment at a workplace if the goals they envisaged cannot be fulfilled in a short time. People increasingly feel as if they are owned something and the inability to get this breeds envy and resentment...
Introduction It is important to note that the modern transformative changes in the economy did not leave the labor market unaffected. The global rise of the gig economy presents a new and massive opportunity for businesses and freelancers to create a highly efficient on-demand workforce. Therefore, the main facilitator of...
Acceptance and respect are part of the diversity idea; it means accepting the fact that everyone of us is unique and appreciating our uniqueness. These can be along racial, ethnic, gender, sexual preference, social class, age, physical ability, religious, political, or other ideology lines. It is also about examining these...
The concept of personal selling and the process of implementing it is fundamental in the context of a job search. There are six stages involved in the personal selling process: prospecting, approach, approach, presentation, close, and follow-up (Kotler et al., 2020). Based on my recent job search experience where I...
Plain language is commonly used by business executives and entrepreneurs to communicate internally and with stakeholders, to ensure that information is relevant, and to assure employees that the organization’s choices are genuine and founded on evidence rather than preconceptions. While keeping a conversational tone, plain language helps clarify and explain...
Introduction COVID-19 has substantially altered how people worldwide perform various daily activities. The sudden changes have led to multiple issues and chaos in a number of spheres. At the same time, millions of workers worldwide have discovered the numerous opportunities that telework provides. For instance, Nakrošienė, Bučiūnienė, and Goštautaitė (2019,...
Brief Summary of Two Organizations The two organizations were selected in Oklahoma; they create local, sustainable solutions, namely Oklahoma Sustainability Network (OSN) and the Nature Conservancy (TNC). The Oklahoma Sustainability Network connects and educates Oklahoma’s citizens about the various facets of sustainability. This organization serves as a catalyst and platform...
Introduction The amphibious car project by Tesla Motors offers several advantages to investors and the general public. Firstly, investors might capitalize on the expansion to the new branch of the market. Tesla has already established an image as a market pioneer, and another ambitious undertaking would further reinforce it. Secondly,...
Introduction The company headquarters are in Winona, Minnesota. The company serves both the retail and wholesale markets in the United States and Canada. Fastenal’s founder, Bib Kierlin mainly specialized in purchasing construction materials and distributing them to his suppliers. The company did not manufacture its products. Due to the dynamics...
Manufacturing and selling a product that causes serious health consequences may bring various ethical questions. In Cipollone v. Liggett Group, Inc. 505 U.S. 504 (1992), the court addressed the plaintiff’s complaint, which alleged that cigarette manufacturers (the defendant) were responsible for the death of his mother, a smoker of 42...
Outcome management is one of the most effective forms of management, which is easy to apply and hard to execute since it requires honesty and working to the limit. In this situation, the application of features of outcome management can be detrimental to the company. At a critical moment, the...
One of the traits that remains outstanding throughout the video is that employees motivation is vital in enhancing the productivity of any organization. In other words, if employees are well encouraged, they tend to be more productive, and the organization receives more feedback and positive reviews, which translates into increased...
A criterion refers to the standards against which people or things will be measured. According to Sanders et al., 2021, a criterion is a set of skills, abilities, knowledge, and experience required for the job in employment selection. For example, it is best to do a job analysis when hiring...
beIN Media Group beIN Media Group is a corporation owned by the state which provides worldwide live sports events and entertainment across five continents. The organization is based in Doha, Qatar, and it distributes its services in seven different dialects covering North America, North Africa, Asia, Europe, Australia, and the...
In his lecture What is an Organization’s Culture, professor Christensen presented the views of a number of prominent researchers in organizational culture (Edgar Schein, Modesto Maidique) on the definition, genesis, and development of this concept. Based on Edgar Schein’s works, the lecturer defined organizational culture as a social unit “whose...
In the business world, it is necessary to secure an advantage as soon as possible. Many organizations and entities are working in order to derive a profit, competing in a global market. In such an environment, it becomes vital that organizations are able to adapt to the actions of others,...
Introduction Federal Express Corporation is a company that provides delivery services to customers in different parts globally. Since being founded in 1973, it has expanded both infrastructurally and marketwise to a point that it is targeting to use technological innovations such as bots to deliver packages. With continuous integration of...
Summary Personal interest and greed make most accountants alter a company’s financial statements to hide its actual profits. The hidden profits all go to a few men’s pockets instead of the company’s shareholders and members. Most accountants can either overstate the revenues or fail to record some of the expenses...
Social networks are becoming increasingly important in promoting websites and brands, as well as in the field of large-scale advertising campaigns. The popularity of social networks inspires manufacturers of various products and contributes to the emergence of new projects and large-scale advertising campaigns. For example, Visa has created its business...
The primary aim of many nonprofit organizations is usually to help those in need, which can only be achieved with the fruitful cooperation of the board and CEOs. In other words, it seems vital to achieve collaboration that focuses on reaching the same goals, and where every member shares the...
As a commodity of the contemporary era, the fashion industry is the third largest global enterprise after automobiles and technology (Pelikánová, 2021). Fashion is dedicated to the trade of manufacturing and making sales of clothes, and it incorporates manufacturing, design, distribution, retailing, marketing, and promotion. Further, the fashion industry encompasses...
Each company has several leaders who are responsible for their respective areas of expertise. For instance, a chief information officer is tasked with managing IT staff, developing department goals, overseeing the IT budget, maintaining IT systems, and managing the organization’s software development needs. A chief privacy officer is responsible for...
In the heyday of information technology, people utilize it to help them with anything, doing business included. Ferrel notes that there is a term for that – e-business, which means running traditional business and achieving its goals with the help of the Internet (403). In its turn, people use the...
Introduction Any business has goals and objectives that must be carried out as efficiently as possible. However, the main resource of entrepreneurship is the specialists who do the work. To achieve high results, employees must perform the necessary functions with high quality and competence. It is necessary to consider this...
The alignment problem when applying AI in marketing occurs when managers ask question that does not align with the set objectives. Telecom firms embark on marketing campaigns to retain customers based on the data collected from the market. However, the problem is when the managers fail to deliberate well about...
Company Manager, 132 Tamale Drive, Los Angeles, California. 21 April 2022 Dr. Shannon Production Representative Gemmy Inc. 844 Gemmy Street Miami, Florida 3434. Dear Shannon, Punctuality is important for several reasons. First, it helps ensure that projects are completed on time. Second, it allows managers to more effectively plan their...
Introduction It is important to note that effective leadership requires a specific set of behaviors and actions, which are rooted in foundational qualities of honesty and ambition. Although there is a wide range of different leadership styles with a correspondingly divergent emphasis on some points of focus, they all rely...
There are various strategies and supports that may be used to complement, improve, and enhance the quality of health and wellness in the workplace. The concept of resilience is currently gaining popularity in business research. It is defined as the professional ability to “withstand, recover and grow in the face...
It seems that in this day and age it is meaningless to avoid using social media as a tool for business promotion and interaction with customers. However, there are still organizations that do not want to embrace social media and the opportunities it grants. One of the main reasons for...
Management involves various important matters and techniques that can be practical in many areas of life. Of all subjects addressed in the textbook by Kinicki and Soignet, I am interested in the topic of groups and teams. I have learned much about the distinctions, roles, and priorities of teams and...
As an essential phenomenon of society, leadership can be presented in two aspects. It is necessary to distinguish operational or situational leadership focused on the present and strategic leadership focused on the future. Without diminishing the role of a manager’s personal qualities, we view strategic leadership as the ability of...
It goes without saying that a website development questionnaire plays a crucial role in project planning as it helps a company to clarify a client’s requirements. At the same time, a well-structured questionnaire frequently allows clients to understand and clearly express what they want, as well. As a list of...
Introduction The international trade history of the United States has repeatedly demonstrated a tendency to export and import of the same product types. For example, the country’s oil and electronics trades are well known in the business field. Such cases have proven successful over time, which explains the popularity of...
