Companies Response to Supply Chain Disruptions Due to COVID-19

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...

Importance of Business Idea for Venture

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...

Sole Proprietorship in the United States

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...

Negotiating with Suppliers: Key Steps and Common Mistakes

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...

Telasi Power Project in Georgia

Project cost and funding mix According to AES Telasi (n.d.), the total project cost is $ 147 million. Henisz (2017) affirms that in 1998, American Electric Services Corporation (AES) acquired 75% of Telasi’s shares, while the rest of the shares remained in the hands of the Georgian government. AES offered...

Renegotiation of Solar Power Purchase Agreements

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...

External Environment Analysis in Strategy-Making

The present paper conducts an external environment analysis for the Chinese telecommunications company Huawei Technologies. External environment analysis plays an important role in the strategy-making process because it helps predict possible risks and develop strategies to mitigate them. Although Huawei is a Chinese company, its products are sold in Asia...

International Expansion and Ethical Values

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...

Probability in Orgaman’s Decision-Making Processes

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...

How an Effective Supply Chain Promotes Competitive Advantage

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...

The Coffee Truck: A Critique of the Business Project

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...

Meghnaghat Power Plant Project in Bangladesh

Project cost and funding mix The project is estimated to cost $295 million, including $75 million in equity and $220 million in debt. In December 2000, a $ 50 million direct loan and a $ 20 million supplementary financing facility were approved for the Meghnaghat power project by the Board...

Amazon, Coca-Cola, Nescafe: Three Global Brands Analysis

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....

Business and Economics: Intercontinental Human Resources Management

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...

The Airparking Project Analysis

Summary Airparking is a project that allows people to rent out their parking spots by using an application. Zhidong Feng Yueting founded Network Technology Company Ltd in 2015 with the intent of creating a platform that would assist users in placing parking spots that would then be used by other...

Apple: Future Employment Opportunities

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...

Aspects of Capital Budgeting Practice

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...

Analysis of Disney Business Strategies

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...

The Under Armour Brand Management

Introduction Kevin Plank, a former University of Maryland football player, founded Under Armour in his basement. Under Armour manufactures athletic gear and accessories, recognized for its performance fabrics: equipment designed to drain moisture away from the body, regulate body temperature and improve comfort regardless of weather or activity level. Under...

Bujagali Hydro Power Plant Project in Uganda

Project cost and funding mix According to the World Bank (2018), the project was a public-private partnership between: The private project sponsors include Industrial Promotion Services (Kenya) Ltd. and Sithe Global. The Government of Uganda. Multilateral and bilateral development agencies. Commercial lenders, including Absa Capital and Standard Chartered Bank. Total...

Finding a New Leader for Beauty Skin Unlimited

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...

Environment-Oriented Approach in Consumer Decisions

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...

Accounting Software for Business

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...

Selling Company’s Products & Services Successfully

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’s Competitive Advantage

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...

Risk Mitigation When Purchasing a House

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...

How Proper Communication Can Satisfy a Workplace Problem

Establishing an appropriate pattern of interaction in the professional environment is an essential task for management executives. Consistent and efficient communication between employees, customers, and senior workers is a significant benefit, which ensures the creation of strong relationships between individuals. In the case presented, an employee and a customer are...

A Global Business Plan in India

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,...

Diversity in the World’s Top Companies

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...

Product Life Cycle and Marketing Strategies

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...

Kraft Singles: Targeting the Millennials

Strengths will help attract Kraft Singles to its target audience: millennials and millennial moms. The strengths of Kraft Singles include financial investments and statements. Kraft Singles is a very wealthy company with many years of experience. They have had plenty of time to accumulate capital, and now it is easier...

Data Analytics and Its Application to Management

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...

Turnover Rate Assessment: Business, Management, & Accounting

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...

Wanda Company’s Internationalization Drivers

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 Technique: Role in an Organization

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,...

Leadership and Personal Philosophy of Management

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...

The Business Proposal for Studio 305

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...

How to Obtain the Startup Funds

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...

Strategic Management and Strategic Competitiveness

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...

International Marketing News

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’s Healthy Marketing Strategy

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...

The Army as a Profession of Arms

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...

Is “Ethics and Economics” an Oxymoron?

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...

Aspects of Leadership Challenges

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...

The Waterfall and the Agile Methodologies for Application Development: Differences

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....

Derubis Yachts: The Introduction of E-Business

Company Presentation Derubis Yachts is a serial manufacturer of motor sea vehicles from Vitez, Bosnia and Herzegovina. It specializes in producing catamarans that are up to 14 meters in length; the total amount of companies across the world that work within the same category is 6 (Kraljević, 2021, p. 6)....

Relational Solutions Inc.’s Accommodating Employees with Disabilities

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...

Apple Desktop Mini Product Marketing Plan

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...

The Top Operational Risk to Banks

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...

Multicultural Issues in the Workplace

Multicultural issues are quite an essential topic for discussion. This is mainly due to the development of concepts such as diversity and inclusion. An increasing number of employers are ready to hire representatives of different cultures and traditions. However, this factor can also affect the occurrence of various issues related...

Dividend Policy at Linear Technology

The M&M theory is used to guide the management of corporates of all sizes: large, medium, and small-scale. The theory proposes that company value should not be affected by its capital structure. It implies that the company’s revenues, profits, and other financial metrics should not be influenced by its value...

Scientific Management Principles and Influence

Introduction The essay presents the principles and influence of scientific management in modern organizations. The writer identifies the five principles of the scientific approach to management as presented by Fredrick Taylor. The first principle requires the use of scientific methods in developing a task completion strategy. The second principle is...

Marketing Communication Strategy for a Guest House

Introduction Hosting a guest house in a small town requires a well-designed marketing strategy to attract guests and establish profitability. Marketing for the low-involvement buying process requires developing a marketing strategy that includes objectives. Objectives and strategy implementation steps should be accurate and easy to measure for performance. Low-involvement Buying...

How to Motivate Your Team to Achieve Business Goals

High achievement is my primary motivation driver at the workplace. I measure my success against completed tasks, met expectations, and new responsibilities that challenge my skills. Although meaningful relationships at work are essential, I consider these relationships as resources that should help achieve individual or group targets. These relationships are...

Evolutionary Cycles and Strategic Leadership

It is quite natural for any company to experience business cycles due to the constant need for progress and introduction of new ideas into the organizational setting. Although an evolutionary cycle also implies that every company will have to face its eventual decline, it represents the natural order of development...

Information Technologies & Risk Management in Business

The main goal of IT is to help businesses achieve the organization’s mission and goals. Each business line creates an IT system that supports its business function. Thus, the higher the automation of the organization’s processes, the higher the probability of something going wrong in automation tools, for example, information...

Walmart Corporation’s E-Commerce Business Plan

Introduction Walmart Incorporated company is a retail corporation that runs businesses in different parts of the world with the headquarter located in the United States. It operates grocery stores, hypermarkets, discount stores, and neighborhood markets. The firm also has its outlets in different countries including, China, Mexico, Canada, and other...

Ethical Issues in Wells Fargo

Introduction Wells Fargo is one of the banking institutions in the U.S that faces significant ethical issues due to its distinctive practices. Over the decades, the company faced various lawsuits and scandals concerning customer relationships and breaches of their trust. A violation of clients’ rights in producers’ and consumers’ settings...

Klean Kanteen’s Corporate Social Responsibility (CSR)

With the current threat of Global warming, companies need to participate more in CSR activities. Corporate Social Responsibility (CSR) refers to a company’s self-regulated initiatives to help society in caring for the environment (Robbins & Judge, 2018). This paper aims at examining the CSR activities of Klean Kanteen company, and...

HypothetiCo: Scale Challenge Logic Problem

In this situation, it is required to identify an item that differs from the rest of the beams for a limited number of scales using. The search for a solution in this case is carried out by comparing operations, however, not only single elements, but also groups of elements with...

Comcast Company in Telecommunications Industry

Defining the Industry The industry of telecommunications has evolved significantly over the course of the last two centuries. From the telegraph to 3D television and virtual reality, there had been quite a few substantial steps forward that defined the industry and allowed numerous manufacturers to ride the wave of innovation...

Aspects of Ethical Leadership

Introduction Transformational and transactional leaders can have a positive impact on corporate culture. Employee satisfaction is sought by transactional leaders through bargaining, or “bartering,” for desired behaviors. Transformational leaders inspire others by instilling a sense of purpose, encouraging new thinking, and improving and creating learning opportunities. Through a shared vision...

FindDreamJob Ltd.’s Advice to College Students

FindDreamJob Ltd. offers advice to college students who are considering their career options. Therefore, as a company representative, I would like to discuss the career outlook of Information Clerks based on the U.S. Bureau of Labor Statistics and provide my findings and recommendations. The employment prospects are promising because overall...

The Wine World: Development Trends

Introduction Since the Shang dynasty, wine has been made in China. China is the world’s foremost grape grower, accounting for roughly half of global grape output due to its vast territory and suitable temperatures. It also features the world’s third-largest vineyard acreage when it comes to winemaking. Wine has traditionally...

Al-Juneidy Dairy Factory’s Operational Processes Recommendations

Basic Information About Al-Juneidy Dairy Factory Al-Juneidy is a dairy factory specializing in processing milk products such as ghee and yogurt and selling whole milk. They are a mid-sized firm and face stiff competition from other brands, but the market share and demand are enough for all competitors to stay...

Business and Economics: Professional Development

Self-managed learning entails self-directed learning, action learning, and self-development. In 1978, Ian Cunningham defined the term self-managed learning and since then it has gained popularity among students who until today are increasingly adopting the concept (Serpis et al., 2017). The approach is divided into two different aspects; the first one...

The Role of Attitudes for Organizational Membership

More and more current companies feel the need for ethical behavior. This way of communication eliminates unnecessary tension and struggle in the team and contributes to accelerating many issues through quality communication contacts. An attitude is an evaluated statement closely intertwined with organizational behavior that conveys specific feelings and influences...

Sustainability’s Role in the Company’s Operations

This essay address three ways where sustainability plays a part in the operations and function of H&M compared to Zara and other fast-fashion companies. In recent years sustainability has been a necessary condition for the function of companies. H&M actively applies it in its production and operation. Firstly, the company...

Chocolate Bliss Global Expansion

The first country that the company should choose to expand its business in Italy. This country has a long tradition of cooking pasta and pizza, but it lacks specific associations with chocolate brands. Accordingly, Chocolate Bliss has the opportunity to overcome Ghirardelli and other competitors in their effort to win...

Lee’s Eatery Marketing Strategy

Marketing Strategy The target population for Lee’s eatery will be mostly the middle-aged population of, men and women. Such a choice is conditioned by the eatery’s location: the highly developed district where the business centers’ cafeterias provide low-quality food for clerks. Thus, workers will visit the nearby restaurant to get...

Zappos Firm’s Adoption of Holacracy and Its Impact

In 2013, Zappos which is an apparel retailer, announced that it was shifting its organizational structure a more fluid, less hierarchical form known as Holacracy (Nisen, 2013). The principle of Holacracy is that it eliminates traditional hierarchy by essentially removing all position titles, managers, and other means of subordination. Instead,...

The FinChats Company’s Start-Up Pitch

Introduction FinChats is an online internal communication platform for professional collaboration, specifically banks. Successful platforms like Google Chat, Slack, Flock, and Microsoft Teams are examples of how these systems function, as they are programmed to support constant communication and shared access to work databases through a common platform for every...

Total Societal Impact: Contextualizing and Applying

Government and non-governmental organizations (NGOs) are doing a lot more than some might give them credit for, yet the humanity is still far away from reaching any of its sustainability objectives. Over the past decades, the global community started to recognize the role the private sector could potentially play in...

Downsizing as Unethical Pricing in Business

Downsizing mainly affects those above 40-year-old as well as loyal consumers of the affected brands. This type of consumer finds it difficult to change their brand due to a lack of trust in other brands. In addition, some of these consumers do not realize the downsizing, and in case of...

Google Inc.’s Overall Ethical Assessment

Google is a high-power tech company that has excelled in the industry for decades. It is located in Silicon Valley, California and was founded by Larry Page and Sergey Brin in 1996. It is infamously known for its search engine service that almost anyone who has internet has been using...

Implementation E-Strategy: Amazon

Introduction Strategic business planning consists of several branches that provide direction for the business and address issues related to supply and demand. E-strategy is a set of influences aimed at creating good e-commerce. In the last 2-3 years, the physical demand has decreased significantly due to different factors: pandemic, development...

Data Gap Analysis in America’s Community Bankers

A massive volume of data needs to be specially handled in almost any organization when tapping value to be used in decision-making. This paper mainly explores how big data found in organizations should be used for it to be an essential input when making decisions (Sill 2016). The document explains...

Applying the Forecasting Techniques

Introduction When it comes to any business operations, a long-term strategy and predictions play a significant role in the business’s success. Forecasting, for its past, has become an integral part of the business strategy and tactics. The procedure implies the complex process of gathering historical data in order to generate...

EHang Passenger Drones’ Marketing Plan

Executive summary Automated aerial vehicles (AAV), also known as drones that were previously used only in military operations, gained increased popularity worldwide in civic life. EHang, located in Guangzhou, China, is one of the first and most successful intelligence technology companies that has been producing AAVs for various purposes since...

The HealthSouth Company’s Financial Scandal

Based on the video, HealthSouth conducted a series of actions that unfortunately altered the book’s integrity. Firstly, HealthSouth intentionally falsified revenues and assets. As shown in the video, it was clear that fraud was manifested in the representation of the assets (Stanford Graduate School of Business, 2011). For instance, the...

Experiential Learning of Entrepreneurship and Innovation

Introduction Studying entrepreneurship in higher education is both practical and theoretical research shows that one must employ experiential knowledge and go through the process called “learning by doing”. To many, it is a new phenomenon in a large field of inquiry that has enhanced new skills and knowledge in innovation...

The Air Travel Industry: Strategic Alliances

Strategic alliances are business relationships and arrangements between two or more independent organizations to carry out a specific and mutually beneficial projector to achieve core business objectives. In today’s competitive market, the success and survival of any business are determined by effective strategies that create an advantage over the competition....

Employee Displacement with New Technology

The idea of replacing humans with quality operating machines and destroying today’s globally perceived patterns of social hierarchy has now become one of the most widely used within the industry of popular culture. Thus, when being constantly triggered by near-apocalyptic predictions for the future of civilization, people unquestionably become terrified...

Importance and Methods Motivating Employees

Motivation is the process through which goal-oriented activities are initiated, guided, and maintained. It has been researched for years, and business executives have utilized numerous surveys to establish their employees’ personality types to predict their behaviours and inclinations better. Furthermore, motivational books are often used to encourage staff to improve...

Banyan Tree Company’s Growth Potential & Strategic Segments

Banyan Tree Hotels and Resorts was established in Singapore as a family business. Having reviewed the case of Banyan Tree, one can conclude that the managers of this business have done everything to adjust to a rapidly changing environment. Focusing on an “innovative niche product” and creating a “sanctuary of...

Aspects of Error Culture

At present, the company’s willingness to change quickly and adapt to the market requirements has become crucial in corporate culture. There are several critical points in building an effective organizational structure that can quickly adapt to the market situation. One of them is error culture, which affects the company’s performance....

The Worst Power Outage in North American History

The United States and Canada had the worst power outage in North American history on August 14, 2003. A large power outage struck sections of the northeastern United States and eastern Canada, affecting around 50 million people. The outage was caused by a breakdown of monitoring and diagnostic systems of...

Choosing Markets for Production and Sales

Introduction Any business entity pursues the goal of minimizing costs, while making the most profit. As Buckley and Casson (2019) write, “any general theory of international business must also analyze the external environment and internal structure” (p. 1424). The external environment determines how successful companies will be in selling, while...

Decision-Making Methods in Business

Introduction Decision-making methods in business, as in any other industry, are a multi-criteria task, often requiring preliminary and subsequent assessment of all possible options. The complexity of each case is determined by many factors that must be considered in the proposed solution. An incorrectly made decision can lead to various...

Accounting Only Serves the Users’

Introduction Accounting is an essential field that is designed with the intent of keeping track of a company’s finances and possibly changing a business strategy in case the results are unsatisfactory. While it is inevitable that every business deals with transactions, which is why accounting is absolutely necessary, it is...

Entrepreneurial Networking and Relationship Capital

In the modern business environment, entrepreneurial networking and relationship capital have already attracted particular attention. Therefore, this work aims to examine the importance of these concepts. In general, entrepreneurial networking refers to the formal or informal organisation of entrepreneurs to increase the effectiveness of their businesses’ activities (Das and Goswami,...

The Luus Project Management Plan and Analysis

Project Summary This project aims to enter the American market with the Australian catering company Luus. The project has various quantitative and qualitative objectives. First, it is necessary to go to the California region, impose competition on American Range, build a warehouse and service center, and achieve $500,000 in sales...

Decision Models for Management Course Exercises

Abstract Self-assessments allowed students to understand what strengths and weaknesses they have. This is necessary in order to get to know themselves more deeply, as well as to assess how effective they will be in their work. Specifically, me, the exercises helped to pay more focused attention to how significant...

Cultures in International Business: Theme Park in Indonesia

Culture is the way of living characterized by the norms, values, and beliefs people have towards a certain perspective. There is a variation of cultures depending on the region and the ethnic and background aspects. The first cultural mistake that the Walt Disney Company (WDC) made was to incorporate the...

The Analysis of the Google Sustainability Campaign

The Sustainability campaign was launched by Google in 2007 and targeted the improvement of the ecological situation on the planet. The campaign promotes carbon neutrality for businesses and states that Google wants to become carbon-free by 2030 (Google, n.d.). Being primarily a service provider, Google sets an example for other...

Workforce Demographics, Diversity and Inclusion

Workforce dynamics are key determinants for the productivity of a given line of work in any country. There have been major changes in the economy not only in the U.S. but also in other parts of the world, which has led to demographic changes, posing challenges in the employment sector....

Development Plan at Olive Construction Company

Description of the Organization Olive Construction Company was founded in 2019 to tap into the booming construction industry in Miami Dade County. The firm specializes in the supply of construction materials sourced both locally and internationally. It has 16 employees working on a full-time basis and another 8 working on...

Proper Segmentation for Effective Marketing

Naturally, for effective marketing performance, it is vital to choose the targeted audience that could be interested in the product based on the demographics, age, and needs. The segmentation method is designed to form the advertising strategy for each chosen group to achieve fruitful outcomes (Thomas, 2021). That is why...

Supply Chain and Its Future Challenges

Introduction A supply chain is a complete system that involves producing and delivering goods and services, starting from the initial stages of getting the raw materials from their sources to the final phases of providing the goods and services to the consumers. Factually, the supply chain encompasses all the aspects...

Lee’s Eatery Firm’s Marketing Strategy

Introduction Lee is the owner of Lee’s Eatery that is located in the city center. This report is an analysis of the basic components of the business’s marketing strategy. Part 1 covers the market-oriented mission statement for the business. Part 2 entails a comprehensive situation analysis, including organization strengths and...

Understanding of the Leadership Process

Background Leadership can be defined, essentially, as a type of management interaction based on the most effective combination of various sources of power for a given situation. In any case present, leader’s actions should be aimed at encouraging people to achieve common goals. It follows from this definition that leadership...

Army Leadership and Command Authority

Introduction Leadership and discipline are the most critical qualities necessary for army service. The Department of the Army (2019, p. 13) defines leadership as “the activity of influencing people by providing purpose, direction, and motivation to accomplish the mission and improve the organization”. These aspects are essential to army service...

The Coca-Cola Company’s Marketing After Economic Downturn

Coca-Cola is the largest non-alcoholic beverage and one of the two most strong beverage brands. The soda industry has been hit hard by the economic downturn, and exchange rates have affected major soda brands’ earnings in the aftermath of the recession. This is because of the rising popularity of healthy...

Organizational Change: Benefits and Challenges

Introduction Organizational change has led to the improvement of a company’s performance at both local and international levels. Internationalization has not only boosted the overall performance of a accompany but has also provided various opportunities for members of an organization to retaliate. For an organization to increase its brand awareness,...

Improving Amazon Inc.’s Culture

Introduction Amazon Inc. is a global online vendor and a pioneer within the online retailing space. It has achieved its popularity due to its positive and quality provision of goods and services to its customers, maintaining a competitive advantage within the market sector. However, the corporation has been experiencing cultural...

Kodak Firm’s History and Technological Impact

A dry platform and machine for processing a large number of plates were created and patented in 1880 by George Eastman. In Rochester, New York, he also created the Eastman Kodak Company. He substituted a roll of film for photographic glass plates in 1884, because he believed in the potential...

Company’s Owner on Developing a Successful Website

Interview with the company’s owner is one of the crucial parts that play a significant role in developing a successful website. Owners usually share their ideas and thoughts that should be included on the web page, and their opinion is always a priority. To create a useful website for the...

Entrepreneurship in Third-World Countries

In the market economy, innovative entrepreneurship acts as the main sector that determines the rate of economic growth of the Gross National Product. According to Prieger et al. (2016), when the level of entrepreneurial activity in the country deviates in any direction, it impacts economic growth negatively, lowering national potential....

Organizational Leadership Styles and Workplace Diversity

Every individual is unique; therefore, I believe that each leader’s method of directing a team is distinct. In my opinion, an individual’s personality is what determines their leadership approaches. Some managers are lenient, while others are strict, some are hesitant, and others are sympathetic. From my learning experience, the classification...

A Business Analyst and His Benefits for Companies

A business analyst is a valuable staff member in any organization that provides services of software development and then sells their products on the market. After all, a business analyst is a person who has skills in management, sales, and marketing, which are essential for promoting both commercial (generating their...

Amazon’s Acquisition of Metro-Goldwyn-Mayer

Barnes and Sperling (2021) discuss the purchase of Metro-Goldwyn-Mayer by Amazon. According to the authors, the deal was valued at $8.45 billion, the second-largest purchase after the Whole Foods acquisition of $13.7 billion in 2017. Previously, such well-known companies as Apple and Comcast fought to purchase a large film studio;...

A Manager’s Role in Increasing Creativity

In many developed companies, managers play an essential role in increasing creativity since it is necessary to produce something radically new. To increase creativity, managers, and leaders of companies must be open to new things. One of the most important strategic purposes of leadership is to foster employee creativity (Vele,...

Controlling and Managing Interpersonal Conflicts in the Workplace

Introduction Interpersonal conflict is often referred to as a confrontation between two people or their disagreement on certain opinions and views. To form such a phenomenon, two contradictory opinions must appear. People, by their nature, often enter into various conflict situations and quarrels with each other. This is due to...

Business Simulations Improve Business Decision-Making

In his article “Business simulations improve business decision making”, Robert Brodo (2015) intends to articulate the advantages that participating in business simulation workshops can bring to company owners and their employees. The author argues that business simulations may be the best method to improve the decision-making process compared to other...

Guiding a New Brand of Hiking Boots Through the Growth Stage

When a new product enters a market, it is vital to make sure that its growth stage is managed professionally and a proper and effective strategy is selected. Regardless of this product’s uniqueness and quality, it usually takes a lot of effort to advertise and market it, and this process...

Board-Certified Behavior Analyst’s Professional Development

The Cult of the Head Start ABA practitioners use a behavior assessment system to assist people with autism and other developmental issues to improve their conduct. ABA therapists advise patients by monitoring and responding to various traits to noticeably change such habits. The ultimate aim of ABA therapists is to...

Franchise, Crowdsourcing, and Retailer Business Models

A business model is simply the strategy chosen by a business owner to make money and deliver value to customers. Determining a business model requires the description of products or services, target market, as well as required expenses. They are numerous types of business models, which are categorized as traditional...

PepsiCo Firm’s Integrated Business Planning

PepsiCo’s transition to integrated business planning (IBP) seems rather convenient and beneficial for advancing financial integration and other crucial aspects that contribute to achieving strategic goals. As the company has united its departments, the shared data regarding delivery, manufacturing, and sales is now easily accessed and can be used to...

Motivation in the Workplace: The Organizational Culture

There was a time when my team was assigned to a large multi-department project that was challenging but could serve as a big breakthrough for the company. I felt motivated because management strongly encouraged the workforce, communicating well and emphasizing the importance. We were promised significant resources and support needed....

Designing New Items With Agile Delivery Framework

Introduction Customers are at the heart of the Agile Delivery Framework’s definition, construction, and release of goods. In a project that uses the Agile Delivery Framework, setting up beginning statements such as goals and vision is essential. This framework provides a single point of view for the team and establishes...

General Motors Firm’s Electric Vehicle Innovation

Introduction Unstoppable progress is a testament to sustained growth in potential, and General Motors, as one of the largest vehicle manufacturers worldwide, proves this. One of the problems society has been struggling with for decades is the pollution of the environment with harmful emissions. However, in early 2021, Mary Barra,...

The Effect of the COVID-19 on the Automotive Industry

Abstract The coronavirus pandemic has had a devastating impact on various industries around the world, including the automotive industry. In this paper, the primary focus was to investigate the effect of the pandemic on the financial performance of companies in the automotive industry. The researcher collected data from secondary sources....

Importance of Organizational Culture

Organizational culture is what makes any company original and unique, and it directly impacts its success. Žukauskas, Vveinhardt, and Andriukaitienė (2018) note that it “distinguishes organizations from others” (p. 18). Only when company members share one vision of how it should be structured to be the most effective, a company...

Financial Planning: Definition, Steps, and Importance

The phrase “financial planning is a process, not a product” implies the utmost importance of financial planning for long-term objectives and intelligent money management. In other words, the concept refers to the strategy that an individual or an organization should follow to improve their financial health (Nathanson et al., 2021)....

Business Management Strategies

Running any business requires the investor to have the proper business strategies and tactics tailored to meet all the needs. I own a small campervan and RV/Motor home rental company located in a major city. The company operates six days a week and has a total of seven staff. In...

Ethical Business Leadership Assessment

Leadership Styles in Action A great example of a modern model of ethical leadership is the concept of servant leadership. A servant leader sees their purpose in the role of a helper, therefore, making the principle of service his leadership behavior base. Manning and Curtis (2021) state that “in any...

Demographics, Psychographics, and Geographics in Corporate Communication Strategy

In today’s globalized word, the corporate environment becomes increasingly complex. In fact, the success of contemporary business operations has become highly dependent on the organization’s ability to form strong, trusting relations with its stakeholders. The social aspect of business holds special significance in the 21st century, as important players across...

Performance Improvement Plan: Logistics, Communication, and Behaviour

Reflective Logistics/supply chain requires a myriad of skills, such as green logistics, purchasing, performance measures, and order processing, which are essential for creating a substantial impact in the clothing industry. Among the functions associated with the position includes providing support in surveying, pre-staging and ordering, inventory, and projecting performance measures...

The Necessity of Cultural Sensitivity in International Business

Doing business with an individual from the USA differs significantly from an Asian customer. The varying nature of countries and regions propagates diverse cultural norms. Businesspeople should consider these aspects when conducting intercultural commerce. The world is getting increasingly connected with individuals exhibiting cultural differences. Our response to cultural variations...

The Yokohama Company’s International Components and Strategy

Introduction The Yokohama company is a manufacturer based in Tokyo, Japan. For the production of rotating whirligigs, the company requires a supply of parts from three international locations: Guangzhou, China; Manila, The Philippines; and Ulaanbaatar, Mongolia. Thus, the manufacturer is a part of a global supply chain that spans several...

Yahoo: Brand Name, Expansion, and Current Trends

Introduction As a global internet services provider, Yahoo can be considered one of the most widely known companies in the world. This technology company helps Internet users navigate the World Wide Web with the help of a variety of features. For instance, it offers a search engine, an email service,...

Incubating Technology-Based Firms: Innovation Ambidexterity

Introduction In the introduction, the authors argue that at present the formation of innovation policy is the most important condition for developing the foundations of sustainable development of new firms. Among the many common problems of innovation, special importance should be given to measures to balance them. Real production and...

COVID-19 Pandemic and Valuable Cargo

The COVID-19 pandemic has played a significant role in changing logistics, with the supply chain playing a more critical role than ever before. Companies must ensure the fast, safe and uninterrupted supply of goods and services to those at risk of infection and those working in the medical field, i.e.,...

Leadership and Employee Involvement in Organizational Change

Change is a vital process that every organization is geared towards achieving to avoid failure and stagnation. Organizational change can be described as the steps a business takes to regulate its various components ranging from hierarchy, internal processes, and other crucial aspects. These modifications can arise due to a steady...

Netflix Opportunity Project: Introducing New Subscription Options

Introduction Over the past years, the perception of consuming video content has changed drastically, as the introduction of streaming services facilitated people’s ability to access and enjoy TV, reality shows, and movies. As a pioneer in the streaming service universe, Netflix is rightfully considered one of the most successful and...

BMAC Firm’s Influence Diagrams and Decision Trees

BMAC, a research and development company, faces a dilemma that might impact its future development and growth. At the moment, it has an option to invest $2million to continue with a specific drug development research project. However, it can be a risky venture because of the lack of guarantees that...

Loblaw and Empire Companies Inventory Analysis

Empire Company Limited and Loblaw Companies Limited are large conglomerates operating primarily in food retail. Consequently, both companies expand by utilizing corporate investments, including franchise subsidiaries in other industries. Nevertheless, the emphasis and areas of operations of the organizations slightly differ. According to annual reports, Loblaw focuses substantially on peripheral...

Marketing Mistakes Affecting International Marketing

Marketing is an essential aspect of business because it creates awareness. As a result, companies constantly strive to be creative to appeal to more clients. Due to the increased number of clients, businesses expand their market share and consequently enhanced their customer base. However, sometimes marketing strategies fail terribly. Therefore,...

Healthcare Leadership and Management Functions

Introduction It is a common idea acknowledged by researchers and professionals that leaders are not born but developed. Therefore, to be an effective leader, especially in such a complex and highly responsible field as healthcare, one must acquire and advance leadership traits. The Big-Five traits are the most well-known model...

GrowthDC Company’s Strategic Management

Introduction Strategic management in every organization is an essential aspect that companies should exercise. Typically, the approach involves an ongoing planning, monitoring, and analysis of all resources required by a business to meet its goals and objectives. In this case, GrowthDc Company will focus on different strategies that can improve...

Targeted Advertising in Business

Targeted advertising is based on many techniques and means, and it would be wrong to say that all of them are acceptable by definition. The pursuit of profit pushes manufacturers to target uninformed customers. Such a marketing strategy is unethical and cannot be justified by any goals and circumstances. Targeted...

Business Continuity Plan Assessment

To understand how the organization works and how stable it is, one should consider its assessment using the concept of business continuity (BC). It includes evaluating how the business is resistant to various tensions and challenges, which are inevitable in all stages of business operation. The continuity plan shows how...

Digitization in Improving the Food Supply Chain

Technology plays an essential role in shaping the food markets by improving the affordability, productivity, and diversity of agricultural products. Inefficient markets lead to waste in high supply areas during harvests (Köhler and Pizzol, 2020). The regions with weak markets depend on less than three food varieties and often have...

Interindustry Wage Differentials

The difference in labor value across various industries has attracted the attention of economists for a long time. In this regard, the classic view suggests that competitive markets should achieve a state of equilibrium. It means that workers with similar skills should receive similar wages regardless of the place of...

Corporations: The Inevitable Influence

The controversy surrounding corporations as public figures touch on critical aspects of society’s development and well-being. Does one wonder why corporations have become so pervasive? Why do they affect all of us, not just the people who buy the companies’ products? In The Corporation, the authors talk about the reasons...

Successful Innovation in Toyota’s Market Industry

One of the factors of consumer success and achieving a strong competitive advantage in today’s companies is a commitment to innovation. Innovation should be thought of as any innovation in a company that aims to increase productivity and optimize labor. In other words, many of today’s companies, especially the largest...

Grenade Firm’s Corporate Social Responsibility

Founded in 2010, Grenade is a young company that offers weight-loss products and contributes to sports nutrition. There are many ways for this organization to compete with other representatives in this sphere, and one of them is to promote corporate social responsibility (CSR) through brand building and strengthening relationships with...

Entrepreneurship: A Fixed State of Existence or a Role

Nowadays, entrepreneurship has undergone democratization processes connected with technology. Therefore, it is of utmost importance to find out its function in an individual’s life. Indeed, entrepreneurial people serve as a subject of interest not only for psychologists but also for economists, managers, sociologists, and even philosophers. The power of entrepreneurship...

Product Differentiation in Industrial Organization

In marketing, product differentiation is generally defined as a tendency to develop a number of important characteristics for a product or a service, in order for those products to be easily distinguished from competitors’ offers. Product owners identify different features that are attractive and beneficial to the consumer, and try...

Google Inc.: The Right Ads at the Right Time

The fact that companies gather data about potential customers to make advertising effective is no wonder. Notwithstanding, the Internet has made it feasible for organizations to lead these exercises on an unprecedented scale. The Internet empowers organizations to actuate clients to attempt new items with more accomplishment than they recently...