Importance of Communication in the Workplace

Communication is an exceptional tool in every person’s daily life. Nonetheless, it is essential that “both the transfer and the understanding of the meaning” (Robbins & Judge, p.427) are included in this process for fruitful outcomes. We use this tool to contact other people by transmitting and receiving information. We...

Mobile Technologies and Business Communication

Mobile technologies change the quality of not only personal communication but also of a business one. Employees of different companies can communicate with each other from different places of the world. Moreover, communication with consumers is also affected, which gives businesses new opportunities. The most relevant example of a business...

How Derivatives Could Be Used in Risk Management

In general, derivatives refer to a financial instrument that allows securing a certain value that is reliant upon a monetary asset. The most frequently utilized assets are stocks, interest rates, market indices, and bonds (Fernando, 2021). The derivatives might take various forms, including future contracts, swaps, options, and forwards which...

Disruption of Supply Chain in the Aviation & Defense Industry

Supply chain management (SCM) is the core of the Aviation and Defense (A&D) industry. Though it comprises a complex ecosystem, an effective and efficient SCM supports its efforts to meet its strategic and financial goals. According to the data compiled by the Aerospace Industries Association (AIA), it is evident how...

Major Stages of New Product Development

The process of new product development has eight major stages and starts from idea generation. It involves a systematic search for ideas about new products, which is carried out mainly on the basis of internal sources of the organization. Then comes the idea screening: an analysis of all the ideas...

The Sphere of Leadership: Impact of the COVID-19 Pandemic

Introduction For the past two years, the world has faced a severe challenge that influenced all the spheres and changed many people’s life. The COVID-19 pandemic still impacts all spheres of life in all countries around the world. It repeatedly causes crises that negatively affect not only the public health...

Effective Management: Basic Rules and Skills Required

Management, like many other career paths, is constantly evolving with practices in the industry and technological improvements. However, there are a number of rules of management and skills a manager should possess in order to observe efficient operations at their workplace. These include consistency, which can be observed as a...

Big Data Opportunities in Green Supply Chain Management

Introduction & Problem Motivation According to academic research in the field of supply chain management (SCM), the industry is quickly changing because of the advent of digital instruments that are utilized to speed up supply chain processes and reduce the involvement of human workers. According to Hartley and Sawaya (2019),...

Assessing Diversity in the Workplace

Globalization processes determine the need to assess diversity in the workplace. Ferdman and Sajiv’s (2012) research indicates that science continues to seek additional opportunities to use variety in human potential management processes. In heterogeneous teams, creativity and productivity increase as decisions are made based on people’s opinions from different backgrounds...

Servant Leadership: Organization Development

Changes in the global management paradigm have affected one of the most important components of management – the leadership process. A great example of a modern model of ethical leadership is the concept of servant leadership. According to Kumar (2018, p. 44), “servant leadership is about finding satisfaction and motivation...

Accounting Transactions’ Effect on Financial Statements

Financial statements reflect the financial impact of transactions and other events by combining them into large classes according to their economic characteristics. These large classes are called financial statement elements. Elements directly related to the measurement of financial statements in the balance sheet are assets, liabilities, and shareholders’ equity. Only...

Business Ethics and Its Evolution

Introduction Business ethics is considered the standard of morality, meaning either doing wrong or right in the business environment. Ethics refers to the code of conduct at the workplace or any business, and it is an essential factor to consider as it dictates the company’s success. Misconduct at the workplace...

Adidas, Reebok, and Patagonia Brands’ Transparency

I have examined the websites of Adidas, Reebok, and Patagonia – the three leading companies in the transparency index. Their contribution is undoubtedly admirable; however, in my view, the most remarkable report was made by Patagonia. Since Hart (2019) mentions that this brand was included in the index for the...

5% Shareholding Rule: Case Study

Introduction My stand A 5% shareholder rule will work against the independence of the board of directors who should own the shares of Alibaba. Agency theory This law is applied to explain and resolve conflict in the relationship between the agents and their principals. It is essential to base on...

Postponement Strategy in Business

Introduction A “postponement” strategy is a business strategy that defers investment until the last possible moment. It is believed that this strategy reduces the risk of unsuccessful investments and the potential profit increases. This approach has several advantages. For example, in supply chain management, in cases where it is impossible...

Personality Traits and Leadership Style

I am well-organized, and I work by rules, which can help me stay focused on the task. I am also grounded, and as a leader, it may help me orient the employees on the results. I am not contentious as I try to conflict with other individuals. However, scoring low...

Dudebox: A Business Project Analysis

Mission Statement We esteem our clients and therefore treat everyone who contacts the company as though they are our only customers by giving them swift responses to demonstrate how important they are to Dudebox. Vision Statement To become a global leader at connecting men to quality and unique products that...

The Interpersonal Between Co-workers and Its Resolution

The interpersonal conflict that I have chosen for this post is between my two co-workers and me. I will call the first co-worker A and the second one B. The situation is that co-worker B found out that I and co-worker A got rewarded for the project we had completed....

Walmart Annual Report: Financial Records

Walmart is a multinational corporation that incurs significant profit due to the wholesale and retail business. It is a major American employer and a competitive brand across the region. In this case, the company incurs high amounts of revenue from the transactions both in stores and through online platforms. In...

The Borders Company’s Strategic Management Mistakes

Despite the fact that the company Borders was one of the leading companies in the book business, it collapsed because of strategic management mistakes. Analyzing the company’s annual report, we can conclude that the main failure was poor adaptation to the online business. Borders was unable to compete with companies...

Dealing With Uncertainty: Estee Lauder Company

Summary Given that recent pandemics and responses shape humanity’s future, there is an urgent need for more critical insights than ever before. Before the outbreak, progress toward Sustainable Development Goals (SDGs) had been enshrined for well sustainable development. From the above, a conclusion was arrived at and published in 2019...

Technical vs. People Skills: What’s the Difference?

Hard (technical) competencies are characteristics that enable people to carry out job-specific tasks and duties. Seminars, vocational education, and on-the-job training and instruction are all options for acquiring hard skills. These abilities are frequently centered on particular activities and procedures, for instance, equipment, devices, or software utilization. Soft (people) competencies...

Legal Issues of Employment Terms and Conditions

The various legal issues involved in an employment contract usually entail an enforceable contract and negotiating a more favorable contract term. However, some juridical issues arise due to contractual breaches or actions by the employer that are invalid or contrary to the provisions of the contract clause. Among the legal...

An Organizer Mug for Traveling and Hiking

Organizer for cosmetics + Mug = Travel mug Smaller weight – more expensive product Organizer mug for traveling + hiking = three full-fledged travel cups Necessary skills: designer skills knowledge of ecology External expertise: marketing advertising pricing search for sales channels development of product positioning Market gap: Multifunctional tourist tableware...

Financial Literacy and Self-Awareness in Entrepreneurship

Financial principles are one of the most valuable knowledge entrepreneurs and investors should have to succeed in business. The two essential concepts that can be beneficial for people in this field are financial self-awareness and literacy (Chowdhry & Dholakia, 2020). Financial self-awareness allows a person to accurately assess one’s current...

Coffee Machines Under Product Comparison

Literature Review Among the industries, the household appliances sector was chosen, which is represented by a large number of home items. Coffee makers are the focus of this presentation because the demand for automatic coffee machines has been actively growing in recent years. From 2020 to 2026, the average annual...

The Effects of Complacency on Business

Many organizations have failed because they are unable to keep up with the needs of the market and adapt to the changes of the rapidly evolving market. The tendency to be too complacent leads to less innovation, especially if the company dominates the market. This leads to laxity, which in...

Paperworks PLC. Strategic Marketing Planning

The case is concerned with a paper production company, Paperworks, wishing to expand its business and increase profits. It operates in two primary markets while holding the leading positions, but they are not as profitable as magazines and greeting cards. Thus, the company would like to have a presence in...

Rub-A-Dub Washing Machine Company Finding Overseas Supplier

Charlie Harris is facing a tough challenge; he needs to find 50,000 major tub assemblies for $ 160 per unit. Otherwise, the new product will fail, and supply management of the Rub-A-Dub Washing Machine Company will end. One way to do it is to convince old Rub-A-Dub’s suppliers to agree...

The Corporate Cultures of Global Companies

The corporate culture is a significant element of any major company. It determines how the company builds relationships between the leaders and the members of the organization and the general interpersonal communication within the company. In many respects, the corporate culture directly impacts the desire of a potential applicant to...

Comparing IFRS and GAAP in Investment Accounting

Investment is one of the core spheres in accounting, therefore, many systems of standards are suggested for implementation. However, the two most popular ones are the International Financial Reporting Standards (IFRS) and the United States’ Generally Accepted Accounting Principles (GAAP). Over the last years, there has been a number of...

Disruptive Technology: Big Data Analytics

Executive Summary Information collected and stored by companies is usually used to optimize its production and service delivery procedures to attain desired outcomes. The generation of significant data amounts poses considerable challenges; it adversely impacts the proper management and meaningful use of this information. Big data surpasses the conventionally used...

Strategic Communication Plan: The Data Center Move Project

A global pharmaceutical company intends to relocate its Information Technology data centers to many locations in different parts of the globe. Therefore, the company has decided to task its project management team with the duty of ensuring a successful relocation of the data centers. The project management team needs a...

Fonterra Company Expanding to New Zealand

Background Fonterra is a New Zealand food producer that accounts for 30% of the world’s dairy exports; the leading consumer of Fonterra dairy products is Australia. The most exported products are whey and skimmed milk powder, their export has increased several times in recent years. The export of other dairy...

SWOT Analysis of Wal-Mart

Wal-Mart Stores, Inc. was established by Sam Walton at Rogers in 1962. This business has encountered immense growth after achieving an annual income of one billion dollars in seventeen years (Ellickson, 2016). This tremendous growth has made the store enter the global market. Wal-Mart has launched stores in various countries,...

Moral Responsibility at the Workplace

Managers are, for the most part, responsible for everything that occurs in the working environment. This incorporates the activities of their representatives and any errors they make. However, it is only possible if workers care about the business’s benefit. Sometimes, employees themselves can likewise be responsible in specific cases, especially...

The Discounted Do It Yourself (DIY ) Center: Hardware Store Business Proposal Plan

Business Overview The chosen name for this business is The Discounted Do It Yourself (DIY ) Center. This hardware store specializes in a wide range of construction materials. The business will be located in the city of Birmingham. The primary products that will be stocked at this store will include...

How to Measure Risk Attitude of Investors

Introduction An individual’s attitude towards risk might be associated with endogenous variations for many motives. First, possession of financial assets infers hostility with risky verdicts new to the person. Second, creating risky decisions denotes ambiguity and might contribute to learning in a group framework. In regards to portfolio selection, this...

Discrimination at Workplace

Employment discrimination is unfair treatment in the workplace when hiring, promoting, and determining wages. Discrimination in employment is characterized by a certain biased attitude of the employer to the qualities of a potential employee that are not related to professional ones. In countries where it is customary to determine wages...

The Influence of Work Climate, Job Placement on Employee Performance

Each company strives for success using different instruments and tools. One of the critical factors to increase performance is the correct work distribution aimed at employee preferences. The placement of employees is essential for the company’s productivity factor. This process implies the rational allocation of work considering employees’ individual characteristics,...

Project Manager Position and Requirements

The title of this position (or role) can sound different: project manager, project leader, delivery manager, and other variations. The tasks of a project manager include the following: draw up and agree on technical specifications, set tasks for the team, distribute the workload and motivate, ensure the achievement of quality...

New Product and Customer Expectations

It goes without saying that ideas for new products and services appear every day, however, without proper market research, the majority of them will never be introduced to the market successfully. In general, the main goal of this research is to ensure that a new product or service will meet...

Animal Foodland Company’s Marketing and Mission

Introduction The Animal Foodland is a premier food company that seeks to meet the needs of dog keepers in Austin, Texas, and its environment. The firm specializes in organic foods to meet the needs of clients who seek an alternative to animal products. The location of the business is preferred...

Workplace Diversity and Inclusion

Diversity is a topic that has received increased attention in recent years. The impact of equal employment opportunity programs on the nation’s workforce is undeniable. In the workplace, the diversity advantages have been studied and extensively documented. However, practice shows that there are still problems with diversity in the workplace...

Growth Factors of the Textile Industry in Pakistan

Introduction The textile industry in Pakistan is the most developed sector of the state’s economy. The share of the total economy it accounts is estimated to be nearly 46%; about 39% of total employees in manufacture are involved in the textile production (Latif & Javid, 2016, p. 192). Pakistan is...

Leadership Styles: The Leader Who Listens

Regardless of the position held, every employee wants to be heard as well as their ideas and suggestions to be treated with respect. Trust and mutual understanding must be established in any work team, which is the supervisor’s responsibility. The ability to listen attentively, actively and analytically to the ideas...

Analysis of the DIY Company Organizations

The DIY company had a threat from the gaining popularity of the online tips and instructions so people would not have to go to the shop. It could lead to the reduction of consumers, and therefore sales would fall. In that essay will be a discussion of measures that the...

Diversity and Intercultural Communication in the Workplace

Today it is more important than ever to support cultural pluralism and protect racial, religious, and linguistic identities. The most critical question in this regard is what within a business can unite representatives of different cultures. In addition, cultural discrimination and prejudice against newcomers must be combated. Society must ensure...

Examining a Learning Organization

Introduction Learning organizations strive to continuously self-modify and facilitate innovation within the employee body in the attempt to remain competitive in the everchanging business climate. Since constantly adjusting strategies and the working environment is essential to becoming and remaining successful, many of today’s largest corporations, such as Google, Apple, and...

Whole Foods Company’s Product Marketing in France

Introduction Whole Foods was founded in Texas, Austin, in September 1980. The company was founded when local businesses decided the industry was ready for natural, healthy food. The idea was to offer customers fresh and wholesome food to avoid dealing with health problems. Their products are new and clean. The...

Diversity and Intercultural Communication in Business

Introduction Diversity is synonymous with modern organizations and management as both global economy and technology contribute to the erosion of borders. However, within organizations, diversity and intercultural communication and inclusion is difficult to achieve a truly deep level, not the superficial HR perspective. This paper explores some literature regarding the...

COVID-19 Effects on the Pret Company’s Strategic Management

Structure and Strategic Choices for Pret’s Success Before COVID-19 Business success is often determined primarily by a company’s financial performance and revenue growth. Businesses outline objectives to be accomplished and formulate, implement, evaluate and control strategies for successfully achieving such goals (Wheelen, 2017). Before the global COVID-19 pandemic hit, Pret...

Taza Chocolate Firm’s Distribution, Pricing, and Marketing

Taza Chocolate Chocolate is one of the mainstays for American customers and comes in different forms. The country has numerous companies that make chocolate and its derived products with a broad range of stores vending such brands. Taza is one of the American-based enterprises that concentrate on the manufacture of...

“What COVID Means to Compensation”: Changes in Compensation Structures

COVID-19 has become an essential threat to all industries, and the field of human resource management has not been spared. In fact, due to the imposition of severe restrictions on the possibility of social contact and distancing, workers across the board have been forced to switch to a remote format...

Samsung Products and the Impact of Technology on Marketing

The products offered by Samsung very significantly, occupying various spots on the market and demonstrating different growth patterns. One of the highly developed brands is Samsung QLED, a home television (TV) appliance that manifested remarkable market expansion during previous years. Furthermore, the market share of this product is tremendously high,...

Classification of Rumors in Business

Rumors are unique, usually unreliable information and a distorting form of transmission of any information. According to psychological definitions, rumors are a mass phenomenon of interpersonal exchange of distorted, emotionally colored information. There are two main typologies of rumors: one classification of rumors is based on the degree of their...

The Ericsson Company’s Organizational Culture

Introduction The essay describes Ericsson, a Swedish multinational company, and its organizational culture. Notably, Ericsson was chosen for the study because it is one of the leading companies in the telecommunication industry. Moreover, it has an attractive corporate culture that deserves to be examined. Therefore, the paper includes discussions on...

Discussion of Pricing in Sports

Variable Pricing (VP) and Dynamic Pricing (DP) Similarities Both VP and DP are pricing strategies that are used in sporting ticketing on a game-based, rather than season-based approach. The pricing strategies deviate from the traditional sports ticketing approach where ticket prices were set based on the location of the seats...

Ways of Influencing Employees’ Behaviors

The delicate and important role that the senior-ranking leader must balance within the organization to achieve success is to be the one who influences the behavior of employees. The senior-ranking leader influences the employees in various ways. The first way through which the senior-ranking leader can affect employee’s behavior is...

Benchmarking Against Competitors: Problems and Their Solutions

Companies mainly opt for implementing benchmarking to improve and optimize the existing operational processes. Benchmarking is defined as a replication strategy focused on investigating, collecting, and adapting the techniques from the different organizations to advance performance and strategy (Ramírez Canales, 2021). In other words, benchmarking is designed to solve the...

Audit Report: General Information

The audit process of a company usually includes a review of financial statements and control systems. This process is carried out to identify the noted deviations from the established accounting procedure and significant violations in the preparation of documentation and reporting by the Alaska communications system. It is worth adopting...

“Wish You Wood”: The Company Analysis

For small and medium entrepreneurships (SMEs), surviving in the environment of global competition, where organizations of a much larger caliber utilize all available strategies in order to retain their influence and power, is a massive challenge. For “Wish You Wood,” the decision to partner with Amazon seemed like a stroke...

Earthwear Clothiers Audit: Employee Stock Ownership

Earthwear Clothiers has a solid corporate structure, with founders Williams and Rogers still at the executive roles. The distribution structure consists of a range of customer offerings. The increase in revenue from 2014 to 2015 demonstrates the firm’s positive business control. The sales volume has undoubtedly risen due to overseas...

Marketing, Product Promotion, Distribution & Pricing

Intro to marketing Utility Marketing is promoting a product or service in the market that allows customers to know and eventually purchase it. It is a must for anyone looking to engage an audience and profit from sales (Godin 26). In addition, marketing helps create a positive company image. Thanks...

Team-Based Approach: Effectiveness and Drawbacks

A team is an organization of two or more individuals aimed at performing a particular activity. The tasks are shared amongst the team members or can be handled by all the individuals. A team-based approach does not work well for all companies because teams encourage bureaucracy by prioritizing opinions and...

Analysis of ABB Motors and Mechanical Inc.

Introduction As technological and economic systems develop around the globe, many manufacturers, producers, and suppliers have entered the market. In other instances, large companies have taken up the smaller companies, making the market more competitive. ABB Motors and Mechanical Inc. is one of the companies that have a significant share...

Strategic Goals of Habitat for Humanity

Strategic planning has a significant role to play in non-profit organizations. It helps to anticipate and skillfully manage changes and effectively address problems that may arise (Poister, 2010). Bryson (2018) defines it as a set of concepts, processes, and tools for determining what an organization does and why it engages...

Formula of Incremental Cash Flow

I agree with James’ definition and formula of incremental cash flow. However, in my opinion, more information could be given on the structure of the incremental cash flow, such that it consists of three components: initial investments, operating cash flow, and terminal year cash flow. I believe that it is...

Macropoland, a Natural Gas Country

Macropoland is a natural gas country, and it imports oil. It is experiencing an economic recession that has negatively affected the financial operations of the country. This paper will focus on addressing the issue the country is currently experiencing by recommending the fiscal and monetary policies needed. The report will...

Workgroup Emotional Intelligence Profile

What are teams and what ties into teams? A team is a group of individuals who share certain goals, objectives, and a mission, and participate in a number of activities to accomplish these. Team learning orientations and behaviors are essential, because they reflect team members’ common learning goals, as well...

Stages of Team Development and How to Build Trust Among a Team

Team building refers to the activities aimed at improving the efficiency of workers within an organization. It is aimed at instilling a better understanding between members of the team and the management. It also improves teamwork among team members and the customers, thus translating to consumer satisfaction and accomplishment of...

The Fresh Direct Firm’s Entry into the Chinese Market

Introduction For modern entrepreneurship, economic growth means expansion and exploration of other markets, as well as other types of customers and their preferences. Thus, an organization continues to evolve and strengthen its grasp on its industry, accumulating the potential for gaining more weight in it (Zhang et al., 2018). The...

Macy’s and Al Tayer Group Partnership

Executive Summary Venturing into the global market is usually a significant move for a company to make, and thus by doing so, it usually requires one to be prepared for any eventuality. The world of business is unpredictable, especially when entering a new market. Macy’s retail company understands well what...

Global Marketing Opportunities and Challenges

If the simulation were based on the real world, numerous opportunities and challenges would be encountered. The fact that the simulation does not include many ethnic factors would invoke a comparatively easy operational model. For instance, it does not include language barriers, cultural differences, exchange rates, and mode of entry...

Siemens Healthineers Organizational Transformation

According to predictions, organizations and people will increase the world’s data to an unimaginable 44 zettabytes soon. Furthermore, 80% of this data will be unstructured, while around 60% will be copies of the original information (Mohamed, 2017). Before introducing changes at Siemens Healthineers looked diverse, unstructured, and hardly could be...

Tessilo Ltd.’s Chief Executive Officer Appointment

Salvatore Stella, who is the CEO of the company Tessilo, Ltd., assumes that it is appropriate to find another specialist in his place. The realization of this intention requires additional funding from the investor. However, during the negotiations, Paul Pluto, who is the investor, introduces an opinion that it may...

Logo Design: The Meaning Behind Logo Colors

The logo design procedure is characterized by the need for precise forethought, critical evaluation, and validity of each decision made. To make a brand logo, whether personal or company, ordinary, similar to the others, means to lose the competitive battle in advance because customers remember only the ones that stand...

The Budget Analysis Trend in the Graphical Expression

A budget presentation may pick various forms of presentations; these may involve graphs amongst other designs. In this particular budget examination, the graphical expression as a visual format has been adapted. One of the significant reasons that explain the application of graphs in accounting and finance reports, such as budgeting...

Enterprise Resource Planning System Report

Introduction Amesco is a virtual assistant B2C e-Commerce business that uses an online platform to provide faster turn-around times for customers. The company was started two years ago and has grown from a small startup to a progressive enterprise with hundreds of customers across several cities in the United States....

Purchase Decision Model: Decision-Making Process

Introduction The complicated decision-making process when buying new items is important for customers. It can be facilitated through the adoption of essential marketing concepts (Kumar et al., 2017). I will explain my own purchase decision of the Samsung Galaxy Watch Active 2. Problem recognition The first task is to figure...

Work Ethics: Communication and Cooperation

Introduction Following work ethics is crucial for effective collaboration with colleagues while using appropriate skills and abilities is necessary for this objective. In my case, they include attendance and teamwork, and these provisions determine my success in the workplace. Therefore, adhering to the regulations related to the time spent performing...

“Google’s Backpedaling Shows Why It’s Hard Not to Be Evil” Article by Bensinger

The New York Times article “Google’s Backpedaling Shows Why It’s Hard Not to Be Evil” argues that famous tech companies disregard consumer demand and specific governmental regulations. The author, Greg Bensinger, suggests that Big Tech corporations are willing to engage in unethical behavior that compromises their reputation and the customers’...

Governmental Accounting: Funds and Their Purposes

A fund is a separate part of monetary assets that has a specific purpose. This is a financial instrument that is widely used in economic practice. Besides, it is typically professionally managed in order to allocate resources in a proper way. Such funds are generally supported by taxes, grants, and...

Samantha Gerson: CEO of UnBroken

Samantha Gerson is a twenty-six-year-old founder and CEO of UnBroken, which is a non-profit organization offering legal, vocational, and therapeutic services to individuals who survived institutional abuse and conversion therapy. The importance of Gerson’s current entrepreneurship lies in servicing as many young people as possible and offering innovative research on...

Active Followership and Servant Leadership

The problem of effective human organization for task-realization purposes has long attracted the attention of researchers, managers, and government officials. People have been searching for the best practices that would lead to the most favorable outcome of the group activity. In this regard, the question of effective administration is at...

Contract Managers’ Code of Ethics in Acquisition

Introduction Contract management is the sphere, which implies achieving compromises between different sides and fulfilling their interests, which may contradict each other in some cases. In this context, misunderstandings and conflicts are highly likely to arise, and in order to avoid them, the contract manager’s Code of Ethics has been...

Sales Losses Associated with Theft and Vandalism

Introduction: Country Classification Individual firms’ sales losses can be determined by a variety of factors. These factors can be divided into two general categories: internal determinants and external determinants (Alifano, Corradi, and Distaso, 2019). While internal factors are determined using a detailed analysis of firms, external factors can be identified...

Apple: Digital Business Models

Apple Inc. is a technology company, which sells electronic equipment, online services, and computer software. It practices different business models, especially B2C, which is the most common. However, Kim notes that the organization should also be regarded as B2C brand (2017). Both models, which are highly effective for the company,...

Responsibility in Managing the Capabilities of the Team Members

Introduction Introduction The research done on managing a team of people in a project, it has allowed project managers and research consultants from Small and medium enterprises (SME) in Sweden improve upon their effectiveness by developing better communication patterns. However, project teams pose unique challenges that are culture-based and can...

The Contribution of Quality and Improvement Processes to Risk Management

Risk management serves a great purpose in healthcare because of the rampant risks, and organizations are required to have competent risk managers to carry out management plan activities. Risk reduction strategy aims at minimizing exposure and is handled by skilled risk managers. Risk managers detect and evaluate risks so that...

Finance: Corporate Success

Working in, or leading a bit company is a difficult task. With k a variety of challenges to navigate and the need to constantly be able to improve, the global economic scene is rapidly changing. The changes factors in the environment and the company’s own internal dealing all impact its...

Diversity Training and Organizational Development

Introduction Diversity is the difference personnel show. It enables coordination of services. It may lead to misunderstandings (Bertuch-Samuels, 2018). Religion is an example of diversity. Diversity can be challenging to manage. Thus, training managers on diversity is key. Training Processes for Diversity during Recruitment Training on how to avoid bias....

Discussion of Business Model Canvas

Hypothesis The use of various safety measures that promote vehicle automation reduces the number of human error-caused accidents, improving road safety and ensuring that both passengers and drivers are better protected. The creation, promotion, and use of cellphone hands-free technology, outside vehicle cameras, music volume control, and a censored brake...

Webster Jewellery Case Study

Introduction Willy wanted all of his staff to become licensed gemologists for them to be good teachers. The science of gemology was also in its early stages at the time. Gemologists research gemstones and general gemstone offers. This credential meant that the staff had adequate knowledge about their goods to...

Industrial Relations in Denmark

Introduction Denmark has drawn attention world-over due to its largely successful but unique industrial model. From the 1990’s unemployment levels in the country have constantly been declining to date and still show long-term sustenance of the trend. The events leading to this trend have amazed many countries in the world...

Supply Chain Strategy for the Foods and Drinks Sector

Introduction The ability to design and maintain resilient supply chains is one of the key requirements in logistics and distribution to remain prepared for unexpected events and be capable to quickly restoring to normal operations. Particularly, it is important during pandemics, when countries are not affected on the same scale,...

McDonald’s and Sexual Harassment Lawsuits

McDonald’s is among the largest fast-food chains in the world. The global organization is present in about 120 countries all over the planet. Even though its leaders take proactive steps to create decent working conditions for their employees at all levels, labor issues often arise. The company has recently faced...

Trident Seafoods Company’s Corporate Governance

Introduction The success of any business firm depends on the level of leadership involvement and the willingness to respond to the changing economic times. Companies that fail to focus on emerging forces, formulate proper models, and address identified challenges find it hard to achieve their business aims. Organizational theorists propose...

The John Rhodes Community Centre Pool’s Business Strategy

The John Rhodes Community Centre Pool is a facility popular among the residents of Sault Ste Marie. Nevertheless, the location still experiences a variety of issues and especially with the attendance, which can be significantly improved. Currently, the pool has to implement seven key recommendations outlined in the memo to...

Human Resource Challenges and Concerns

Introduction One of the first challenges faced by the human resources (HR) department is redesigning the vision and mission of the company. The HRM department is directly involved in the vision and mission statements since they should be further shared with the rest of its members (O’Connell, 2021). Therefore, this...

Brazos Valley Food Bank Case Study

Introduction Brazos Valley Food Bank, situated in Texas, is currently dealing with various non-profit sector issues, including the operational challenge of seasonal food availability. The study indicates that the food supply was inconsistent during summer. The organization’s second challenge was the operational inefficiencies caused mainly by the old manual distribution...

The Role of Storytelling in Effective Leadership

Leadership and Storytelling Engaging and inspiring are two of the most prominent and challenging leaders’ responsibilities. Although leadership is far from being a new concept, it gained considerable interest among researchers relatively late. As a result, tools, and strategies that help leaders perform the functions came into focus. Storytelling is...

Amazon Company’s Financial Statement Analysis

Amazon is one of the largest companies in the world, with a net worth of over $1 billion. Operating in a number of countries, it serves as a marketplace where goods are sold and delivered both directly and via third-party sellers. The company was started relatively recently, and its rapid...

Hourly and Pay-for-Performance Policies

Policies are crucial in the workplace because they help clarify the expected employees’ standards and help the employer manage the staff effectively. The hourly policy requires employees to be paid every sixty minutes, while pay-for-performance is whereby workers receive their pay based on their productivity (Petersen, 2019). It is essential...

Coach INC: The Key Success Factors

Key success factors for makers of ladies’ handbags and leather accessories. The company needs to consider the needs of this particular market segment. Women are people who are known to be sensitive about the quality of products they purchase. Therefore the first success factor concerns quality products. Maintaining the required...

A Sole Proprietorship as the Most Appropriate Business Structure: ABC Company

The ABC company I am establishing is a sole proprietor, which is the most common and arguably the most universally fitting business structure among American companies. In this case, I, the head of the company, would be solely legally responsible for the decisions taken within it, as well as its...

Amazon Web Services Review: Proof-of-Concept Report

This proposed project seeks to address the need for a cloud-based to be used by PHI Engineering Design. Cloud technology has gained popularity following its use of services that are not physically located in the business environment. Like any other company, PHI Engineering Design would not like to overrun budget...

The Strategic Planning, Strategic Business Plan

The role of planning in business cannot be underestimated since it helps to prevent a range of negative outcomes from taking place. Specifically, business planning allows one to avoid an array of risks, including the ones associated with finance and the outcomes of their mismanagement when starting entrepreneurship (Ferreira et...

Creating New Markets and Products

The global trading relationship has become much more in-depth and faster as a result of globalization, which has contributed to the exchange of technology and information. Some people say that there are no new markets left to develop. I am afraid I have to disagree with this statement because businesses...

How to Manage a Diverse Team of International Managers

According to Dowling and Welch 2007, there are 4 Multinational entity approaches, namely ethnocentric, polycentric, geocentric, and egocentric. The ethnocentric approach indicates that the decisions are made by the PCN, and the key positions can be held by the personnel from the headquarters. It has many advantages, like it makes...

Multinational Enterprises’ Choice of Modes of Entry

Why MNEs Struggle with MOE There is no “one shirt fits all” strategy when it comes to figuring out the best mode of entry (MOE) into foreign markets by multinational enterprises (MNEs). MNEs have to take into consideration various variances to come up with an effective entry strategy. Most of...

Valero Energy and Chevron Corporations’ Financial Management

Stock Performance During the last four quarters, Valero’s stock price has fluctuated between $60.83 on 05/2020 and $72.14 on 04/2021 (Figure 1). During this period, the lowest stock price was spotted at $37.88, whereas the highest reached $84.39 one month ago. In March 2020, a powerful oil prices shock was...

Third-Party Logistics Providers Improving Supply Chains in the Aviation Industry

Introduction The literature review was conducted from publications that are not older than 2016 to reveal that third-party logistics providers can improve the aviation industry’s supply chain. It stipulates the advantages and Future of the partnership of the 3PLs and the aviation industry’s chain supply. The topic is essential because...

AIG: Strategy Assessment and Analysis

The aim of this report is to evaluate the appropriateness of AIG’s strategic proposals, as well as the justification driving its current strategy, with recommendations and considerations based on findings. The information provided will be based on independent evidence and research into the organization. The analysis will be based on...

Pricing Negotiation Planning Strategy

Purpose of Negotiation The purpose of negotiation is to improve the price for the negotiated product. Desired outcome The desired outcome presupposes the increase in the price for an item sold by the company and the attainment of higher revenues. Pertinent information The negotiated product has outstanding quality and almost...

Target Corporation’s Management and Its Special Features

Target Corporation is currently the eighth-largest retailer company in the U.S. The retail format of the corporation currently includes discount stores under the Target name, SuperTarget hypermarkets, and a number of other small-format stores. A number of external environments affect the operations of Target across the country. Economically, Target is...

Café StudyFun’s Social Media Marketing Plan

Brief Overview The whole world has witnessed dramatic changes because of the COVID-19 industry, and the café industry is not an exception. Before the crisis, such organizations were places that allowed various people to come to eat and spend time with pleasure. Today, the situation is different because the coronavirus...

Dubai Small & Medium Enterprises and Nine Pillars of Corporate Governance

The corporate governance code for regulating the activities of small and medium enterprises (SMEs) in Dubai, the United Arab Emirates (UAE), was developed by Dubai SMEs in 2011 (Shehata 2015). Dubai SME in association with the Department of Economic Development formulated nine pillars as the main corporate governance principles in...

Workplace Sexual Harassment Case Study

Workplace sexual harassment is a safety issue because it leads to lasting mental and physical health problems. For example, women who have been victims of sexual harassment at their place of work have a higher likelihood of developing high blood pressure, which exposes them to the risk of heart attack,...

Business Processes Integration and Management in E-Commerce Environments

Abstract Recent trends influence the e-commerce surrounding as the current marketplace is consolidating, and appropriate business principles do not guarantee success. However, the traditional economy principles, such as turnover, cost-competence, and revenue maximization using the current asset, such as innovation, business process management, and partnerships, are being considered. E-commerce needs...

Disney Company Potential Acquisition of Pixar Inc

Disney is a worldwide entertainment company; the CEO of Walt Disney Company, Robert Iger, has expressed interest in acquiring Pixar Inc. At the same time, Pixar is the most famous animation studio in the world. The two companies had worked together before and attained great success. In 1991, they had...

Knowledge Management and Social Capital in COVID-19

Knowledge exists in two different forms; tacit knowledge and explicit knowledge. Tacit knowledge is inherent in a person’s mind. It constitutes the individual’s competence and is hard to transfer to another person. Such information gives people and institutions a competitive edge if managed well, given that it cannot be copied....

“Spend Analysis – The Window Into Strategic Sourcing” Book by Pandit and Marmanis

Introduction Spend Analysis – The Window into Strategic Sourcing, written by Pandit and Marmanis (2008), is an example of a well-written business book serving as a valuable source of information for parties involved in business management and strategic sourcing. As the title of the book implies, it contains a scholarly...

Hourly or Specific Days Insurance Policy Coverage

Introduction Nowadays, vehicle insurance is a crucial part of people’s lives. In the United States, numerous policies require drivers to have any type of insurance coverage on their cars. Therefore, this product is more often viewed as a nuisance and associated with adverse events. It might come as costly, unnecessary...

The International Risk Profile

Introduction The contemporary world continually faces various challenges that are complex and interconnected and have to be managed effectively. Some of these problems include climate change, economic inequality, political tensions, quick industrial advancement, and poor health of the population (World Economic Forum, 2019). In addition to the fact that these...

Researching of Ethical Dilemma in the Company Policies

Summary After completing a sales training course, Sophie must fill in an expense voucher for the last week. She realized the significant issue that she could not include tips every person makes every day to service people in her expense voucher. She needs to decide whether to comply with accountants’...

Launching Antibacterial Wipes in the UAE Market

This report describes the market research conducted on behalf of ABC multinational company planning to launch wipes with antibacterial qualities in the United Arab Emirates (UAE) market. Antibacterial wipes are pre-moistened towelettes that contain sanitizing or disinfecting substances such as alcohol or chlorine compounds which kill germs on surfaces and...

Differences in Organizational Structures

The organizational structures that form an institution, its processes, and policies shape its corporate structure frame. Specific operations of the institution, like its working schemes, services, and staffing, are entirely influenced by the pattern of the institution’s framework. However, due to unclear responsibilities of the employees, working relationships between the...

Coca-Cola Firm’s Improved Strategy for Enhanced Business, Revenue, and Market Share

It goes without saying that being a large multinational corporation, the Coca-Cola company should constantly improve its strategies for stable development in the future. The Coca-Cola Company may be regarded as one of the largest and most renowned and successful beverage corporations across the globe. Taking leading positions in relation...

Search-Based Advertising Market Structure

The importance of online marketing in a pandemic is becoming paramount. However, at the same time, the search-based advertising market is undergoing serious transformations. Search engines usually consider this niche of online advertising. In this case, Google consistently holds a leading position with a market share of more than 90%...

The Indirect Price Discrimination

In its simple description, indirect price discrimination, also known as second-degree price discrimination, implies charging a different price for different quantities such as giving customers quantity discounts for bulk buying. In this case, prices differ depending on the number of goods bought rather than across consumers (Hanna & Dodge, 2017)....

Intel Inc.’s Financial Performance Trends

Introduction The present report aims at assessing the financial health of Intel Inc. in 2013. The report analyzes trends in key indicators of financial performance, including total revenues, gross profit, net profit, total assets, and total equity. The report also provides an analysis of liquidity, leverage, and profitability using relevant...

Codes of Conduct: Conflicts in Organization

Organizations suffer from several limitations, including conflicts among employees, which limit effective operations. As employees interact at the workplace, they are bound to disagree on several matters. Although disagreements are the main cause of workplace conflicts, the struggle for power and influence is a significant impediment to organizational progress. Relationship...

Customer Behavior and Segments

The first of the five best segments of Carrollton is Country Squires, which consists of wealthy elderly people who left urban areas in search of quiet life in small towns. The segment is characterized by the increased interest in comfort and stability which can be traced in their habits and...

What Does a Change-Ready Organization Look Like?

Introduction In this world that is full of opportunities and progress, the idea of transformation seems to be an integral component of any organization development. Despite multiple attempts to create an up-to-date company, employees and their leaders face the necessity to constantly change something and make sure that each step...

Recruitment Plan Overview

Introduction The quality of the recruitment process closely relates to the overall performance of the company. If an HR manager succeeds in hiring professional, experienced, and well-educated employees, then, without a doubt, an organization will flourish. A hiring manager should develop an effective recruitment plan that is a strategy for...

Developing a Risk Management Culture

Introduction A proper and effective risk management culture is significant for every workplace. Researchers have studied the essentials of such a culture for centuries to provide companies with practical procedures for developing effective risk management protocols (Hofmann, Burke, and Zohar, 2017). This research focuses on answering the question: What are...

Apple’s iPhone: How Was Your Favorite Product Made?

Introduction People produce various things, both useful and entertaining, material and non-material, practical and creative. One can distinguish cultural and creative artifacts among all these products. Cultural artifacts can be defined as items that reveal valuable and useful information about the society that manufactured it or used it. For instance,...

Global Team Acclimatization and Cultural Literacy Application

The problems that occurred in AlternativeSource Inc. (ASI) include internal conflicts between team members, the lack of cooperation from the Indian clients, issues of adaptation to the new environment, and questions on hiring processes. The root cause of the problems is that Jorge, their global team manager, was not introduced...

Apple Inc.’s Competitive Edge and Value Creation

Apple Inc., formerly known as Apple Computers Inc., headquartered in Cupertino, California, is among the most valuable firms in the globe. The firm was established in 1976 by Steve Wozniak and Steve Jobs. Apple Inc. has to design, manufacture, and market its consumer electronic products and a range of computers...

Reflecting on Leadership Skills – A Personal Evaluation

Conflict avoidance is one behavior that tends to undermine my leadership performance. Its prevention is an intentional way of leading, applied to improve the performance and outcome of leadership. However, the causalities between conflict prevention and good governance are uncertain. Therefore, the deliberate implementation of avoiding conflict as an aspect...

McKinsey & Company: Company InFormation

The company’s objectives, particularly financial goals are driven by the pricing plan, market trends, and business performance projections. For instance, the suggested prices are as listed below: Hoodies and sweatshirts – $60-$90 Joggers and pants – $80-$110 T-shirts (short- and long-sleeved)– $30-$70 Matching sets (short and long) – $100-$180 Year...

Great Leap Brewing: The Marketing Strategy

Executive Summary The paper is a business environment audit report that examines the marketing strategy for Great Leap Brewing to enter the draft beer market in Russia. The work includes considering key aspects, including situation analysis and marketing objectives, aimed at assessing the company’s development potential within a new market....

Financial Companies’ Risks and Innovations

Financial activities are often associated with many risks that must be resolved for companies’ successful operations. Besides, at the moment, many large and start-up companies are trying to follow the emerging innovations. This essay aims to explore the reasons for this behavior, the propensity to innovate, and the maintenance of...

Event Management: Risk Management Assessment

Selected Festival: Burning Man Issue #1 Weather: What weather challenge have you selected to plan for? Fire Is this a controlled risk or respond hazard? It is uncontrollable hazard A L A R P What could be the degree of harm that could happen as a result of this risk/hazard? The...

Corporate Governance: AGL’s CSR and Risk Management

Corporate Social Responsibility CSR Prior to discussing the specifics of corporate social responsibility (CSR) in the modern business world, it is necessary to define major terms and concepts that will be utilized further in the paper. CSR can be referred to as the major business initiative enabling companies to operate...

OnePoint Software’s Strategic Marketing Plan

Executive Summary This document entails the OnePoint Software Strategic Marketing Plan, which is a new open-source software company that seeks to come up with a sophisticated operating system. Several companies have come up with suites that offer different computer packages; however, none of these make efforts to have professional products...

E-Commerce Business: Ineffective Leadership

Background With the growth of Internet shopping, online business rivalry has increased, especially among the most popular websites in the USA, such as Amazon or eBay. These e-store sites offer a direct and quick route for producers or retailers to convey their merchandises more efficiently and reach potential buyers. E-business...

Aspects of Organizational Structure

Organizational structure refers to the system encompassing fundamental activities within a particular enterprise that define its operating procedures and routine rests, as well as the general hierarchy and authority within the organization. Within a broad range of organizational structures and collaboration types, it is crucial to adopt an adequate design...