11286 samples of this type
The passion of operating and succeeding in business depends entirely on the sole decision of the person setting up the business. The business requires the owner to have some educational qualifications in business-related courses and good relation with both the employees and the customers. The paper highlights the business environment...
Nike Air Jordans has 35-years of experience being in the sports footwear market and formed consumers’ brand perception as providers of luxury sneakers. The basis of its marketing strategy is Michael Jordan’s name and authority, however, relation to the celebrity is not enough in the current fashion industry (Childs and...
Leadership is the ability to inspire, motivate, and empower a group of individuals in an attempt to achieve a specific objective. Today, headship is essential for firms’ long-term and strategic existence because it aligns the employees with the company’s strategy (Mango, 2018). Multiple scholars have formulated several concepts to explain...
Abdullah Al Othaim Markets is one of the leading Saudi food and non-food retailers. The company is famous for meeting the clients’ needs, participating in social responsibility programs, and others (Abdullah Al Othaim Markets, n.d.). That is why it is not a surprise that the business impresses with a significant...
Socially Responsible Efforts TOMS Shoes is one of the most well-recognized businesses in terms of social responsibility in the corporate world. The reason for that is the fact that the company’s operational strategy is inseparable from its mission. TOMS was founded on the principle of giving away a pair of...
Introduction The concept of leadership seems familiar to modern people, as it is at the heart of a successful business. However, it is challenging to define who is a leader and what qualities are necessary to fulfill such a role. Even the most successful and famous CEOs who run immense...
The Magnitude of E-Commerce Today Since e-commerce plays out within the large laissez-faire environment of the World Wide Web, there is essentially no central registry that reliably reports the magnitude of global transactions. Hence, estimates vary widely: US retail sales were estimated at $170bn in 2006. While Europe lagged behind,...
Introduction Financial planning is an important tool in establishment and achievement of personal and organizational goals. It is important that an individual plans his or her life’s financial well being in order to establish the financial position at the retirement time. Josh Schmidt planned his financial plan that has been...
Introduction Significant advancements in information technology and communication (ICT) have introduced substantial transformations in the current business world. The corporate sphere in the United States has experienced tremendous growth due to the rapid development of pertinent technologies. Google Inc. is one of the premier and most reputable innovative companies in...
During these unprecedented times of strict quarantine and worldwide pandemic, online communication became the centrepiece of education and business operations. Meetings play a vital role in all these processes, which is why it is important to discuss the pros and cons of online meetings in contrast with the face-to-face version....
Introduction Supply, demand, and price are among the fundamental economic terms. This essay discusses some of the aspects in which the suppliers and consumers shape the price, the effects narrow and wide price dispersion has on both parties and the role of the cost as a transmitter of information. The...
Preamble The objectives of this research report include providing the careful cultural diversity audit of PwC based on the materials from the Website of the company and other sources and identifying the possible improvements required for enhancing the internal cultural diversity of the company. The report consists of the introduction,...
Strategic Plan for the Orange Door Health Center Addressing Environmental Issues and Perspectives for Development Because three areas will be considered in a strategic plan – staff development, managerial approaches and technological advancement – a transformation of the Orange Door Health Center should be carried out about these aspects (Filipovitch,...
Introduction Sports are some of the social activities which keep various communities integrated and closely linked. Consequently, it is essential to promote sports, which can readily be accepted by society members and contribute to their success. The sport adopted for this community recreational program is soccer, which has existed for...
What does “agency problem” mean? Agency problems are behavior issues that arise out of the formal separation of management and ownership of a professionally managed company such that they form the key determinant of the capital structure and the distribution of policy decision. In this case, shareholders are twisted by...
Introduction My flower business specializes in providing customers with the best floral arrangements for their special occasions, including birthday parties, weddings, and anniversaries. One of the biggest problems facing my business is the preservation of flowers. I noticed that they remain fresh for up to five days, meaning sometimes I...
Workplace safety is a critical management concern, as it determines whether an organization makes the best out of its employees. Manuele (2019) asserts that companies tend to encounter accident-related challenges, some of which escalate to lawsuits leading to compensations for injured personnel if they overlook safety. However, having a comprehensive...
Introduction Social media continues to be one of the essential communication channels between businesses and consumers. More than one billion Instagram accounts are active every single month, according to the platform’s internal data (Business, 2018). Therefore, Instagram can be used as an immensely effective marketing tool that helps consumers understand...
Symbiotic Partnership between Monkeys and Wolves Type of Relationship It is clear that Gelada monkeys and Ethiopian wolves have a strong bond involving the fight for survival. Since the monkeys are not bothered with the wolves entering their territory in most cases, it can be noticed that there is an...
Leadership styles refers to the approach that a manager adopts in order to exercise authority in the work place and be able to direct staff towards meeting the organizational mandate as outlined in their job descriptions (Foti, 2007). It is the way that a manager resorts to conduct things in...
Introduction Social work is an essential aspect to individuals as well as community at large. In addition small and organized groups can also immensely benefit from social work services. Studies reveal that it improves human life through education, direct practice, better organization of society, policy formulation and integrated research. It...
Corporate governance Basically, corporate governance is concerned with the manner in which power is exercised in safeguarding resources of an organisation with the aim of increasing and maintaining shareholders’ wealth. Corporate governance is important in bridging the gap between economic and social goals as well as communal and individual goals....
Advancements in biotechnology have been tremendous for the last forty years. Commercialization has been rampant while researchers have engaged in innovation activities that have led to development of technological tools in biotechnology (Zeller, 2001). The year 1980 experienced substantial investments in biotechnology around the globe which was partially influenced by...
Summary Using a systematic approach to analyze current organizational problems is a successful business strategy for early detection and further management. However, few companies recognize the importance of business process management, BPM, to improve organizational efficiency and productivity. In the case study under discussion, the automotive component company, which focuses...
Computation of Product Mix Variance Item Expected ($) Actual ($) Gross Revenue 3,500, 000 3,500,000 Discount (325,000) (350,000) Net Revenue 3,175,000 3,150,000 Lab testing cost (1,150,500) (1,400,500) Gross contribution 2,024,500 1,749,500 Direct costs (salaries) (870,000) (870,000) Net contribution 1,154,500 879,000 Product mix variance measures the departure of the actual performance,...
Company Description The business will be named Star Up Online Company. It will be a sole proprietorship online company that will specialize on selling popular candy brands such as dum-dums, blue berry, Laffy Taffy ropes, safe t-pops, Spangler candy canes, candy corns, gum balls, and other favorite candy brands. The...
Introduction Economic growth can be disassociated from the degradation of the environment by the development and use of new technologies (Hoque & Walsh 2011). As such, natural resources are depleting at an alarming rate. Therefore, it is prudent that governments, organizations, or individuals adopt sustainable innovation strategies (Weber & Hemmelskamp...
Almost any person’s work is associated with communication with other humans, even in those rare professions where the employee is isolated from colleagues. These relations can be presented by teammates and work colleagues, higher authorities, and subordinate specialists. Consequently, the workplace should have its own distinctive ethical culture related to...
I have worked for a company that is involved in the sphere of online sales. I would suggest the following inspiring vision statement for it – the best customer is a satisfied customer. Given the fact that the firm has to constantly get in touch with clients, it is essential...
Organizational behavior refers to the behavior of individuals, teams and management that forms organizational culture. It is important to note that organizational behavior highly determines efficiency and output of an organization. On the same note, due to division of labor that has become the order of the day; many people...
Abstract The purpose of this paper is to analyse the impact of leadership and motivation on the organisational culture of Repsol and to so, this report concentrates on some theories including autocratic and participative leadership style, transformational and action centred leadership model, motivation theories of Maslow and Herzberg, and organizational...
Reputation risk can be managed. However, reputation risk is the most difficult type of risk to manage. The image of an organisation is difficult to quantify and validate. However, every institution has its own image. Image comprise of how the firm is regarded by its internal and external publics. The...
Customer Relationship Management (CRM) is crucial for running a business effectively and generating revenue. According to Kotler and Keller (2015), careful management of clients’ information and customer touchpoints can help increase loyalty. International Waters, Inc. (IW) has been in the hotel industry for two years; however, the company faces a...
Outsourcing is the purposeful allocation of some business processes or systems and delegating their implementation to a third party. It is logical to define the distinguished business processes as those that the organization implements with the least professionalism. Unlike service and support services, which are of a one-time, episodic, random...
Introduction Leaders have a great and crucial role in steering organizations if they are to acquire followership and achieve the goals and objectives of the organization. They have a great task of inspiring the followers for them to have their commitment and share the same interests and aspirations regarding the...
Insights Gained Through the Case Study Methods and Their Practical Value Analyzing complex situations, solving specific problems, and approaching relevant solutions are among the priorities that each manager should take into consideration while working in a health care environment. Using the case study method, therefore, is a great contribution to...
Introduction Computer-based information systems are designed and maintained using these information systems (Jeffrey et al, 2005). The systems comprise application software’s which is used to support business and organization processes. The most used types of information systems are information technologies because they are responsible for assisting human beings to perform...
Managing labor cost is one of the difficult tasks in business management that should be addressed with committed efforts. Successful managers should determine the best strategies for managing the cost to increase productivity and reduce labor turnover in an organization (Pekka 82). It is in this regard that this study...
Overview of the environmental issues important in the case considering competition, technology, community service, funding, and workforce Orange Health Door Center is a non-profit organization that offers moderate health care on a sliding-fee scale to under-insured people in Minnesota. Judging from the case presented in the study by Filipovitch (2006),...
Large corporations endeavor to diversify globally to enhance their competitiveness, profitability, and market presence. This is a crucial provision when considered critically with respect to the Marisa Corporation’s case provided. The company should consider numerous issues before establishing its operations internationally (Choi & Meek, 2010). It is important for the...
Introduction Risk assessment in the financial market is regarded as one of the key insurance tools for effective asset pricing. Since the prices of the assets are formed in accordance with the market principles, and stock investment strategies, the risks play an important role in defining these strategies. Therefore, the...
The goal of any production is to get as much profit as possible at the lowest cost. The modernization of management technologies can achieve such benefits since the final result directly depends on how effectively all processes are executed. The purpose of this paper is to critically analyze and evaluate...
Introduction There are several sources of external finance that are available to a company. A company can raise finance either through equity financing, bond financing, or bank finance. Each instrument of finance has its advantages and disadvantages. There are several things that the senior management must consider when choosing the...
Introduction The ongoing convergence of the US GAAP and the IFRS accounts reporting standards aims at providing standardized financial statements for US firms applicable internationally. These standardized financial statements will assist in further clarifying and predicting cash flow trends and hence offer international stakeholders the opportunity to appraise companies’ liquidity...
Introduction Workflows are processes associated with work processes in administration settings. The technology of workflow helps to support operational processes such as case driven processes. Workflow management system helps to ensure that information reaches the designated computer or individual at the right time (Wil van der Aalst, 2004, p. 74)....
The fact that ethics and compliance are commonly confused demonstrated that they are close in meaning, yet there is a vast difference. As for me, the distinction between these two words seems to be in the fact that compliance rests on a pragmatic basis, while ethics is social and intuitional....
Introduction Companies, both financial and non-financial emerge with a specific set of objectives. Despite the outstanding differences in the objectives of various organizations, the presence of risk is not deniable. According to Marrison (2002, p. 36), all operations face a certain degree of uncertainty. The challenge facing the management of...
Executive Summary Computer-based communication technologies became widely used with Internet connection getting easily accessible. Using these technologies requires only basic computer skills this is why they are popular among people of all possible ages. Computer-based technologies led to the emerging of social media, as well as social networking, instant messaging,...
Introduction Activity based costing (ABC) is commonly used because it gives detailed information on the cost of a product unit that is produced. Under activity based costing, the use of cost drivers is quite significant. These drivers are used to allocate total costs to a unit of the commodity produced....
In the modern age, many firms are opting to adopt new technological operations. Companies have had to change from traditional brick-and-motor systems to e-commerce techniques. One of the firms that have accepted the transition is Bolt Inc. After rebranding in 2019, the organization decided to adopt some of the vibrant...
Introduction All organizations have requirements which prompt the implementation of certain tasks in a bid to improve the overall performance of the organization while at the same time ensuring that the organization is at par with recent developments in the specific area of operation. The overall success of the task...
Introduction This paper is a class assignment that supposes the student to be a graduate trainee at Pevensey PLC with a responsibility to second the company’s secretary, Mary Fulton. It is considered that Mary has requested the graduate trainee to evaluate a project with respect to helping the company in...
Introduction Food is a necessity that cannot be shunned in human for the purpose of good health, vitality, and survival. Hence, a business that its main product is food will succeed under the right business strategy and marketing plan since eating food is inevitable. Sangria restaurant will be a food...
Financial statements are defined as formal records describing business activities and financial performance (David, 2013). Financial analysis is a tedious but necessary task: the survivability of business depends on the decisions many of which are driven by the information found in financial statements. Formal records are useful for projected financial...
Introduction The wine market is an extremely promising industry in the United States. However, the industry has faced some challenges lately as it transitions from personal to online sales. In particular, there will be a need to keep the seasonal surge in demand for wine sold online shortly. Besides, the...
Tropical juice manufacturing company is an institution involved in producing and processing freshly blended fruit such as mango, passion, apple, among others. The firm produces a non-alcoholic beverage made from original tropical fruit rich in nutrients and vitamins essential in boosting the body’s immunity (Anjum et al. 2). The brand...
Leading a group is something that requires an individual to apply many leading skills. Some people are naturally born as leaders but others acquire leading skills with time. Whether an individual has received formal training in leadership skills or not, the most important thing is that every good leader must...
Introduction The purpose of this paper is to provide an analytical review of the article, “Understanding What Drives the Purchase Decision in Pension and Investment Products” authored by Gough and Nurullah (2009). The business article is peer reviewed and has been published by the Financial Services Marketing journal. The article...
I think that the article “Expanding the Lens” presents a well-thought-out perspective on the importance of organization in the work of an early care worker. Organization, according to the author, encompasses the values and beliefs held by the members of the organization, and their existence influences the way an organization...
Solvency and debt ratios Solvency ratios measure the ability of the company to meet the interest obligations that arise from debts payable by the company. A commonly used solvency ratio is the interest coverage ratio. It is arrived at by dividing earnings before interest expenses and income and interest expense....
Introduction In today’s business environment, capital happens is regarded by many as one of the most important resources (Padget 2011). One way through which companies are able to finance their business ventures is through private equity (PE). According to Snider and Howards (2010), private equity is treated as capital drawn...
Research methodology The research methodology that will be chosen for the research proposal will be phenomenology. It refers to the narration of experiences in the perspective of the first person. Phenomenology best reflects the research topic because it applies the aspect of first-person narration. To identify the relationship between the...
All types of organizations are required to furnish their accounts and make them available for external users who may be interested in the well-being of these companies and decide about their investments and associations with them based on information provided to them in the financial statements. Whether an organization is...
Strategic risks are likely to be the leading class of risks for G4S in the coming years. It is therefore imperative that G4S take advantage of this risk and turn it into an opportunity. To begin with, change in technology is unavoidable. It can be an opportunity for a multinational...
Introduction Nowadays a person needs not only knowledge of sciences, but also the ability to communicate with people. The work of an economist and mathematical statistician is similar since their job is to properly prioritize and set goals to maximize profits with the least loss. The purpose of the report...
Crowdfunding allows entrepreneurs and artists to kick-start their careers by providing an alternative pathway to raise funds. Usually, entrepreneurs go through the traditional venture capital model by finding potential investors. However, finding the sponsors can be challenging if the project appears too high-risk or abstract. Similarly, the commercialization of art...
Schildge offers an adequate positioning strategy as a concept of marketing for developing and planning a company’s direction. It is useful not only for starting a business but also for existing long-term ones. Implementing a positioning strategy as part of the firm’s marketing would profit companies in the long run....
Chipotle’s mission statement is “To provide food with integrity. Quality is a state of mind at Whole Foods Market” (“Chipotle’s mission,” 2016) It is a strong mission statement, as it has many qualities nailed down perfectly. It is concise, inspiring, socially responsible, and broad in scope to be applied to...
The Most Significant Prevailing Market Forces Currently, the most important market forces that may have a considerable effect on the company’s development are technology and globalization. According to Kotler and Keller (2016), these are two of the three major market forces that occupy the most prominent position in the modern...
All the companies strive to acquire the secret of success. In that matter, each particular business has its own secret of success. Thus, businesses require simple models, which will allow understanding and implementing the factors for success. In that regard these models should also be innovative, where models focusing functionality...
Introduction Mergers and acquisitions make possible complete changes in the business. However, this process poses major challenges to the parties involved as it can be quite chaotic if adequate strategies are not instituted (DePamphilis, 2008, pp. 77). Individuals charged with the responsibility of overseeing the mergers and acquisitions must have...
If a breakfast cereal company wants to introduce a new product in the market, it is reasonable to invest in forecasting demand. Here, the company should choose between quantitative and qualitative techniques. I would recommend using a simple moving average and market research approaches because they are suitable to present...
The key weakness identified by Škoda was that the company is unable to fit into a fragmented and highly competitive market with its current brand perception in the general public. Market shares for Škoda are small, largely due to the fact that their reputation did not grow a sufficient amount...
Heineken is a global business as it produces beverages for Europe, North and South America, Africa, Middle East, Eastern Europe, and the Asia Pacific. Heineken’s main strength is brand diversification, aimed to meet the customer’s tastes (Gaspar and Massa 9). Its main weaknesses include currency fluctuations and poor margins as...
Abstract The paper carried out financial evaluation of Tesco PLC. The company is a market leader in the UK retail industry. The retail industry is in the UK is quite vibrant and it contributes significantly to the economic success of the country. Based on the analysis in the paper, it...
Background Conflict resolution within an organization is one of the most critical leadership skills that fosters cohesion, enhances work relationships and improves the overall outlook of products and services. In the role play, it is evident that organizational leaders look at employees in a holistic way by providing the correct...
In the 21st century, due to the undeniable globalization processes, it seems normal when companies become international and open their filial not just in other countries but also in distant regions. The economic stimulus for this internationalization is endless: they vary from diversification of markets to incentives for the local...
Abstract Nurses and clinicians are required to collaborate, engage one another, and solve most of the problems recorded in their clinics or workplaces. The concept of teamwork has gained prominence in the field of healthcare since it allows such professionals to provide timely and personalized services to more patients. This...
Explain McGregor’s Theory X and Y The approaches to managing organizational behavior are numerous and very diverse, yet most of them can be grouped according to specific criteria and categorized accordingly. McGregor’s Theory X and Theory Y, which are expected to explain the rationale behind leadership choices and the effects...
Introduction The relations between human beings within the society have always been associated with danger and risk irrespective of the fact whether these are social, political, or employment relations. The progress of the mankind has resulted in the progress in the area of fighting the risks arising from these relations...
In order to run a successful business, it is vital to take into account human resource planning. The reason for this is that a proper HR strategy provides the means through which companies can guarantee that they employ professional staff capable of completing tasks. Moreover, a good manager should also...
Introduction In the 21st century, there has been an increased use of the Internet to access information, trade, interact and communicate among different classes of people; people have different uses of the Internet, for instance, in modern colleges, the use of the Internet as a learning aid has taken center...
The development of the world economy poses new challenges for various manufacturing businesses. In order to avoid financial crises, present-day companies need to elaborate a management plan to adjust their activities to shifting conditions (“7 essential features,” 2018). However, such a complex process implies the change in production costs as...
Introduction This report examines the marketing strategies as applied in Aldus Corporation. The corporation operates in the computer software development industry since its establishment in 1984. In spite of the successes that the firm initially enjoyed, changes in the business environment led to reduced sales revenues hence need to change...
As can be seen from the described cases, New Heritage is continually developing new projects in various areas. This allows the company to develop, interest the audience, and attract new customers. These projects relate to different areas of the company’s activities, such as creating new lines of clothing or the...
Net Present Value (NPV) is used for estimating the future net cash flows of the project. For computing NPV, all cash inflows and outflows of the project are projected and then they are discounted back to the present date using a suitable discount rate (Ross, Westerfield, & Jaffe, 2013). The...
Just like in the rest of the society, concepts such as transparency, fairness, justice, and equality play an important role in the workplace. Particularly, the employees’ perceptions of both procedural and distributive justice may have an impact on their job satisfaction and turnover intention. In any system, procedural and distributive...
Managing change is one of the difficult activities that many organizations come across. The change that occur because of diversity and technology advancements poses numerous challenges as the majority of them may not have implemented sufficient strategies for dealing with it. However, the US Army has implemented several approaches for...
As compared to a firm that only operates domestically (in one country), an international company expands to multiple markets and, therefore, faces unique costs and difficulties (David, 2013). Internationalization is a high-risk high-reward strategy for which multiple global and international considerations need to be made. Financially, an international company will...
Introduction Any institution dealing with provision of care to dependent elderly persons should ensure that its strategies are broad enough to cover the wide range of needs of the elderly. In order to ensure quality service provisions in elderly care institutions for the aged, it is important for the management...
Introduction The importance of green logistics as a new scientific direction in supply chain technologies has recently acquired significant interest among academic researchers. The core aspects covered by the aforementioned inquiry include the use of cost- and resource-saving technologies that are equally important to supply chain optimization and environmental security....
Introduction Budgeting, therefore, takes into consideration various factors to come up with an appropriate forecast. For Guillermo furniture to produce correct sales estimates within its forecast budget, it s needs t to consider the factors affecting its production including the competitor’s possession of advanced equipment, and the ethical considerations which...
Employee productivity and performance rests on motivational approaches and reinforcement strategies towards achieving organizational goals. Extrinsic rewards relate to the positive outcomes of a group or individual’s productivity in a work setting. John and Leavitt (2001) argue that these rewards reinforce the emotional attachment of an individual or group to...
Introduction Regardless of the sphere of entrepreneurial activities, investing in high-quality hardware products and equipment is essential for the business’s successful start and subsequent development. The majority of hardware types make business operations run smoothly with little or no glitches. The administrative functions and business management are streamlined by the...
Context Any multinational firm having exposure to international transactions and investments has to denominate the sales revenue and costs denominated in equivalent home currency. In that case, the firm is bound to be exposed to fluctuations in exchange rates. The calculation of the impact of the changes in the foreign...
Introduction At the beginning of the 21st century, the development and global spread of Internet communication technologies in modern states led to the emergence of an independent virtual political communication space with its principles of functioning. The introduction of new types of political communication influences the processes of interaction between...
Introduction Reward systems are directly associated with job satisfaction and performance at the workplace. Satisfied workers are more committed to their tasks and in achieving organizational objectives. Dissatisfied employees lack the right motivation to task performance. Job satisfaction is exhibited in individuals’ attendance on duty and the motivation to go...
Introduction The portrait of the two famous Australian companies have outlined in this paper considering the importance of their WACC (Weighted Average Cost of Capital) and financial risk management strategies for both of their managers. Before going to the theoretical discussion and WACC calculation, it is important to take a...
The advent of democracy across the Western nations has also led to a scenario where few people own most of the available channels of communication. Media conglomerates have taken over the operations of digital media in most countries across Europe and America. The situation is not different in Canada where...
Introduction While business processes keep changing, there is a need for a well-defined process to initiate, plan, execute, and monitor these processes (Schwalbe, 2005). This discipline is normally effected through project management. Stakes Incorporation is a fast growing IT project management consultancy firm established in the year 1998. The firm...
Enron was the second largest company in US history to be declared bankrupt. Recently, the Congressional committees have analyzed the company in order to establish the cause of its fall. Although the cause has not been determined with precision, some of the vital elements that caused its downfall are clear....
Globalization is the process of implementing the same marketing strategies across all of the company’s operations in the international market. Despite the fact that the customers’ cultures, preferences, and environments are different, globalization makes everything almost the same. However, customization is the opposite process as it builds separate marketing strategies...
It is necessary to note that an HR manager is expected to have an outstanding knowledge of the industry, and some aspects are incredibly valued by employers. The first skill set that should be highlighted is focused on compensation and benefits. Demands of healthcare professionals are always increasing, and one...
Today, the highly competitive market dictates businesses to distinguish themselves to grab customers’ attention and influence their positioning. Differentiation requires brands to invest into developing their marketing mixes. A marketing mix is defined as a totality of factors that a brand can control to influence consumers’ perception and desire to...
The DuPont analysis indicates that the company’s return on shareholders’ equity is affected by its operational efficiency, asset utilization, and financial leverage. The analysis assists management to identify weak areas of business. It also allows management to undertake corrective measures to improve the company’s weak areas and enhance its financial...
Henri Bendel was one of the most successful retailers and set the norms for the luxury retail world, but the trade standards have changed since its first store appeared in New York. According to Les Wexner, Bendel has been closed to improve profitability for the L Brands as a whole...
Introduction Modern marketing requires a strategic marketing model known as Segmentation, Targeting, and Positioning (STP) for the practice to be complete. The model is focused on consumer marketing rather than the product. STP study enables a marketer to understand the customer, which will be essential in delivering a product as...
The title and the abstract This article is about the benefits and the level of user satisfaction in an ERP system. The article’s abstract gives a precise summary of the entire article. Article summary In this article, the authors are trying to find the user benefits of the ERP systems...
The primary external factor that was found to be affecting Chipotle Mexican Grill is the competition. David (2017) defines it as one of the most critical factors that have to be taken into consideration when discussing a business’s environment. Chipotle has to contend with both other fast-food locations, including ones...
Finance concepts are the basic principles that help us understand the common practices in finance as well as unique and uncommon difficult situations. In the context of the Guillermo scenario, the following finance principles and concepts can be identified: The Principle of Two-Sided Transactions The principle of Two-Sided Transactions recognizes...
The sales commissions’ compensation plan is used by many business entities like Dasani Water Distribution Company as a method of remuneration and motivation to steer sales performance. This plan is two pronged and is objectively applied to compensation to sales representatives after closing a sale and also rewarding them for...
Introduction Club IT is a downtown music venue owned and managed by Lisa and Ruben who started it after graduating with business administration degrees in 2005. The club offers a variety of services to its clients including spacious dancing floor, DJs, live music and refreshments. The mission of the club...
Financial reporting of an organization depends upon the accounting methods it uses. The most common approach, taken by many leading companies is accrual accounting. It is based on the premise that revenues should be recorded and recognized when the product has been delivered to the customer, and when the collectability...
Introduction Alternative dispute resolution has been widely used to refer dispute resolution by means other than court adjudication (Staff 231). However, the definition of alternative dispute resolution incorporates a wide range of court oriented initiatives which are designed to facilitate a more effective administration of justice while overcoming delays and...
Companies are always trying to attain new markets for more revenues and the most productive way of doing this is through the launch of new products. Due to the ever changing markets and advance in technology businesses have to keep up with the speed by being more efficient, produce high...
The review of the literature has uncovered a correlation between mental illnesses and disempowerment. Moritz et al. (2010) have found out that people lose control over their lives the moment they suffer from a psychiatric disability. The primary concern is that global communities have traditionally stigmatized individuals suffering from mental...
Today’s rapidly growing business segment makes all the enterprises stand out in order to remain relevant in a certain market and keep target audience engaged in the service supply. For this reason, organizational development, which stands for the concept of constant improvement and innovation within the enterprise, has become one...
Introduction Business organizations should have proper mechanisms for preventing accidents and injuries. However, corporations might experience different occurrences even if such preventative measures are already in place. The involved parties should conduct proper accident investigations to prevent it from recurring. This essay explains why it is important for the relevant...
Introduction Ethics may be defined as a set of beliefs in relation to what is considered to be right or wrong. Behavior that is regarded as being ethical usually follows rules and guidelines that are acceptable in society (Reynolds, 2007). More often than not, those who act ethically are perceived...
Project Description: The project system that will be integrated in Wobbly Wheels Distribution Company (WW) is the Internal Security system aligned with the Accurate Financials system. The proposed system guarantees the protection of the electronic data in form of orders, finances, and accounting because of prohibiting the unauthorized access to data,...
Change is an inevitable part of any organization. As the external and internal environments evolve, leaders and members within the organization will need to change their attitudes and approaches to accomplish the established goals. Additionally, change management refers to how organizations handle change to ensure smooth and cost-effective implementation. In...
Introduction A small plumbing supply company in Olean, New York, is concerned about doing right to the employees in terms of the benefits offered. However, it does not know what this statement means. This paper explores the concept of benefit management at the organization. Finding out Employee Needs and Wants...
Introduction In the recent past year, the UK announced its intention to exit the European Union (EU). Membership to the EU enabled the UK to enjoy several benefits, including the benefits of barrier-free trade. Therefore, its exit from the organization is definite to have an impact on the UK’s economy....
Description of the Business Standley’s Bakery is a new bakery store that is based in Ruston that will be primarily selling cakes and cupcakes in Ruston and its neighbourhood. Although Ruston has several bakery stores, it lacks a store that provides high-quality organic cakes and cupcakes at an optimal price....
Abstract Trait theories can identify the personality characteristics that are associated with the success of leaders. Nevertheless, it is necessary to transform these inherent qualities into skills or competencies that should be possessed by these people. By combining these models, students can become more efficient public health administrators. Introduction Several...
Corporate culture defines communication between employees and leaders and approaches to problem-solving. A corporate culture based on ethical principles ensures open and honest interaction of all parties helps effectively respond to any changes in the internal and external environment. However, the corporate culture’s lack of ethical principles leaves room for...
The following is a summary of an interview conducted by the Journal of Accounting with attorney Michael Young who is the chair of Willkie Farr & Gallagher LLP’s Securities Litigation & /enforcement Practice Group (American Institute of Public Accountants para.1). A treaty crafted three decades ago by the American Institute...
Cash is king is a phrase that was used to infer that a company with adequate liquidity will have enough money available to pay its mouths. The term liquidity refers to both an enterprise’s ability to pay short-term compulsions and a company’s capability to sell assets quickly to raise cash....
The best practices of supply chain leaders worldwide are monitored by specific agencies. In the video, the list of the top twenty-five supply chain companies in the United States, was published by Gartner, one of the biggest research and advisory companies in the country (IIBR, 2014). The data from 2013...
Introduction The finance manager is the authoritative person who is responsible to look after the financial activities within an organization. Finance is considered the lifeblood of every business enterprise irrespective of the products and services produced by it. The financial capability and efficiency of concern are highly dependent upon the...
Blue Ocean Strategy is a marketing theory that stems from the title of a 2004 book authored by Kim and Mauborgne. In their book, Kim and Mauborgne explain why striking a balance between cost leadership and differentiation can help a digital company create a leap in its value on the...
Nike is one of the most competitive and fast-growing workplaces on the market of sporting goods. The work for the company seems to be a good option for further promotion, especially in the position of a department manager. However, every business has its advantages and limitations for the growth of...
Fast food has become a separate segment in the service sector, experiencing rapid development and financial growth. McDonald’s is a flagship enterprise in the industry with innovative solutions for standardization, delivery, and service diversification. Upgrading current systems is a potential way to improve efficiency, drive-thru, and mobile ordering. Processing panels,...
Contemporary advertisement strategies are well-defined and are being used on a regular basis. They attempt to gain the customer’s attention and indirectly persuade clients to better perceive ads’ information. The appeals used in the advertisement “True Fruits – Awkward Eat Banana” are humorous and sexual (The Star Ads, 2019). This...
Introduction The focal point of the paper is to evaluate and analyze the marketing strategy of Veterans Affairs (VA) Loma Linda Healthcare System – Diabetic Clinic. For this purpose, the four Ps (product, price, place, promotion) and importance to the success of the organization would be discussed. Furthermore, the relationship...
Buying Bragg Apple Cider Vinegar was not a spontaneous decision. Before the purchase, a thorough investigation of its benefits was conducted by the whole family. It turned out that the vinegar is not only tasty but useful as well. Most people advise using it for cooking, making salads, non-sweet sauces,...
Introduction There are various scenarios that bring about ethical dilemmas within a contemporary business setting. The same is true in various levels of interactions in an organization. For example, the social and business interactions may lead to a number of ethical issues that need to be addressed. Each of these...
Branding is an important marketing tool for creating an impression and revealing the company’s philosophy, values, mission, and vision of the future. A corporate brand is significant for consumers; at the same time, it also allows creating an internal corporate culture. It is possible to note that during the last...
Abstract DeVry Educational Group Inc. is a publicly held company that is based in North America. The company provides higher education services across the world (DeVry Education Group Inc., 2014). Carrying out financial analysis using ratios is necessary because it provides a better view of the financial position of a...
Complaints in general and consumers’ behavior about expressing their complaints are of vital importance to the improvement procedures aimed at performance excellence in the service industry. The article by Patwary and Hamimi (2016) provides an extensive overview of the key factors influencing consumer complaining behavior and the channels they use...
It is evident that to attain a particular goal and run a business successfully, every businessman should possess distinctive entrepreneurial traits and profound knowledge in the field they operate. Moreover, an entrepreneur should have a ground-breaking vision, the outcomes of which can bring real and valuable benefit for many people,...
Introduction Firms aim at portraying a positive image through optimization of its capital structure which can be based on equity and debt proportions or total liabilities. The capital structure is crucial in enabling a firm to maximize its market value in totality. It stipulates the dividend policy which means that...
Introduction Walmart Stores, Inc., better known as Walmart to the public, is one of the nation’s biggest and most profitable retail corporations. The success of the store is attributed largely to the commitment of Walmart and its employees to provide services at the lowest prices. Since 1969, the slogan of...
The companies’ leaders are expected not only to be the professionals in their area but also to have the necessary characteristics to solve difficult situations and make data-driven decisions. For example, recently, my manager was making a decision about which of two employees to promote. The first worker, Mary, was...
“Enron: The Smartest Guys in the Room” is considered to be a documentary film about the collapse of the greatest world corporation; it was presented to the public in 2005, demonstrating a closer look at the criminal traits of the company’s executives and depicting one of the greatest business scandals...
Relationship marketing values client loyalty and lasting engagement instead of short-term objectives such as consumer acquisition and direct sales. The most important goal of the community college should be getting prospective clients for the athletics program and converting them to loyal customers. This will be a good indicator as to...
Introduction In the contemporary world, technology and business management have become inseparable. Technological advancements especially in the development of various software programmes have made business collaborations possible, convenient and more widespread. This has especially been facilitated by social media applications, which have given the users the freedom to control and...
The given deadline change poses a major challenge in terms of a team’s resource management. There are five people within the group, where two people are analysts, two other people are responsible for interacting with clients, and one is the team leader, who also represents the key interests. Analysts are...
Introduction Project planning is an essential element for achieving business success. According to Jacobs and Chase (2014), a project plan refers to the list of activities that should be performed to achieve a specific goal. This plan is the most useful when all stakeholders work together. Thus, the principal purpose...
Introduction Organizational communication is the process through which interrelated individuals in a given workplace or a company send and receive messages information to achieve common goals. Communication in an organization can take place through written, face-to-face, or mediated channels. This topic is important to Go Travel because it needs to...
