11468 samples of this type
Organisations develop ethical codes to ensure their employees comprehend the difference between right and wrong and transfer that knowledge to their actions. Despite the presence of strictly prescribed norms and rules of professional social behaviour, each person has an individual system of value orientations that has to be involved. In...
Malcolm Gladwell introduced the concept of thin-slicing, which supports judgment using limited evidence. Gladwell states that thin-slicing is essentially making unconscious decisions by assessing little external evidence. Since thin-slicing is based on instincts, it significantly influences social behaviors, knowledge, attitude, and preference (Yani et al. 2). Rapid cognition has a...
Importance of Marketing for a Business Marketing is an integral part of the business as it engages customers. Marketers have the task of studying the market – its trends and buyers’ needs. They create forecasts of a specific demand and how the business can satisfy it. As a result, companies...
Introduction Informal meetings and employee socialization are essential due to adjusting the relationship among working-class people from different organizations. The nature of interactions depends on the individuals’ ethnographic identity, hence establishing key variables that boost diversity and inclusion. Intermingling among the workers outside the institutions significantly contributes to the intensification...
Introduction Brands need to make much effort to draw attention to their products and support attractiveness among their target audience. The company’s image plays a significant role in this task, and therefore brands strive to create a positive opinion about themselves and communicate with consumers (Febrian and Fadly, 2021, p....
Introduction In any organization that aims to achieve success, leadership is essential. A leader’s main activity is to fulfill goals and objectives. It is the responsibility of such people to solve problems and achieve goals. It is the responsibility of leaders to mentor aspiring employees who are too young and...
Introduction Globalization, the importance of Research & Development, and consumer involvement, all underpinned by technological advancement, urge a more strategic use of co-creation efforts. Fierce competition nowadays urges firms to remain close to their customers to match their requests better. As a result, companies started to innovate to provide the...
Introduction In this essay, I argue that Amartya Sen’s consideration of the importance of trust in business politics is not entirely rational. I will initially explain Sen’s position in the paper by providing a general research summary. I will then focus on the specific examples Sen notes nonprofit values as...
Practicality in research refers to the ease with which a model can be designed, administered, and scored. Regardless of how dependable a tool is, it must be practical to create and administer. Thus, this indicates that it must be affordable to supply and not prohibitively expensive. It relates to the...
Introduction Saskatchewan’s economic growth is mainly facilitated through financing and grants for businesses. Firms of different sizes that are for-profit or non-profit organizations are often qualified entities for Saskatchewan grants and financing programs. Since some initiatives are focused on metropolitan regions and others are designed for rural areas of Saskatchewan,...
The external environment of a particular company, such as the carmaker BMW, may include any outside factor that influences the day-to-day running of the business. External factors affecting BMW may be political, economic, technological, and social. External factors such as the environment and legal factors include trends (Anderson et al.,...
Many companies nowadays use marketing strategies based on the foundation of gender stereotypes or specific roles and needs associated with genders. In the TED talk on why gender-based marketing is bad for business, Gaby Barrios pointed at how gender was often used as a shortcut to the target audience as...
Business Idea A startup idea for a business in Nigeria is to set up training centers for animation, visual effects, directing and sound engineering, camera work, and other professions in the entertainment industry. The release of certified personnel in the entertainment industry is gaining momentum in the country. This business...
Introduction Glencore is an Anglo-Swiss firm that deals with commodity trading and mining and has its headquarters in Baar, Switzerland. The company’s oil and gas production is based in the UK and serves globally. According to The Guardian newspaper publication dated Tuesday 21 June 2022, an affiliate of the commodity...
Introduction The acquisition of Anheuser-Busch (AB) company by Inbrev was one of the most expensive bids in the beer industry. Both of the companies were considered TOP-5 in the beer market while operating in different regions. However, AB and Inbev were different in their approach to finance, marketing, human resource...
Inventory errors can be defined as errors that occur in recording a company’s current inventory at the beginning of an accounting period and the end of it. Inventory is considered to be one of the crucial balance sheet assets because acts as the basis for the company’s planning, strategies, operations,...
Executive Summary One of the pharmaceutical products produced by a technological company is the Yhemisy UVC sterilizer, which intends to tackle a problem in the healthcare business by providing a simple and efficient method of sanitizing everyday household goods against germs and bacteria, and viruses. Because of its excellent services,...
Introduction Glencore is a Switzerland-based company that ventures into commodity trading and mining. The company is facing an ethical tussle with the UK and the US governments over bribery deals that were done against West African and Southern American countries. In The Guardian’s issue dated June 21st, 2022, the magazine...
The process of combining or acquiring a company can significantly affect the business of an organization. Moreover, such changes also affect the market in which companies operate. Hence, one example of the acquisition of one company by another is the case of Amazon and Whole Foods. This merger gave several...
No industry has experienced a complete shutdown like the entertainment industry during the pandemic. Theaters, cinemas, musical events were banned entirely due to the imposed restrictions on social distance, along with all possible public events. Since the industry lost the opportunity to offer the consumer, many organizers tried to transfer...
Introduction Understanding the business and economic environment is an essential part of learning economics. For these purposes, there are different methods of assessment allowing people to get an insight into a specific industry and a particular company within that industry. An example of such a tool is STEEPLE – Social,...
Introduction Career satisfaction is a complex and subjective concept with as yet undefined boundaries and many interacting variables. Often the concepts of patient satisfaction and patient perceptions of quality are used interchangeably, while there is a difference between them. While all of the main findings regarding patient dissatisfaction came from...
Introduction In the digital era, leadership and business management have taken a new direction, necessitating advanced skills for handling the complex business industry. Leadership and management are two different concepts in which individuals need to consider the context of their applications for successful operations. Leaders and managers have relied on...
Aspiring Entrepreneur An aspiring entrepreneur can choose between different business organizations, including sole proprietorship, partnership, or corporation. This paper intends to deal with different business organizations, including their benefits and weaknesses. Moreover, it is also concerned with keeping accounting information and specific business accounts inherent in a sole proprietorship. It...
As an e-business start-up to analyze, the firm is involved, which manufactures beauty gift boxes for women and sells them online. To achieve a positive net operating profit (NOP) over the next one to two years, this is crucial to assess a number of factors that affect revenue. These criteria...
Aboriginal people have used fire to construct a continent-wide land management system developed over the centuries. Morrison (2020) states that Indigenous Australians have been managing “fire for 65,000 years” (para. 1). The use of fire as a natural resource management tool is a crucial subject in natural resource management in...
The primary goal of the people profession is to advocate for improved working conditions and professional careers. Providing positions, incentives, institutions, and work conditions that enable individuals to achieve their full potential, resulting in exceptional organizational results that drive economies and make decent, fair, and inclusive work a societal consequence....
Introduction The increasing rate of globalization and growth of local and international markets have prompted companies to venture and conduct their business operations across the borders. The firms are taking advantages such as a stable political atmosphere, advancement of economies, and other related factors to pursue the markets in the...
In the confectionery industry, ethical concern entails moral judgment of what is appropriate and what is not. Rozuel (2016, p. 295) shows that ethical behavior practices result in various benefits to an organization. Some of the benefits constitute attracting consumers to an organization’s products, attracting more investors, keeping the firm’s...
Before the production and introduction of cars into everyday use, goods and parcels were transported using trains. However, over time, there was an awareness that the railway transportation system has significant drawbacks. Hence, this thoroughly contributed to the emergence of companies such as UPS, which began to deliver goods using...
Human resource management (HRM) has always been one of the most outstanding research areas in the business segment. However, when speaking of HRM, it is of crucial importance to understand that employee satisfaction serves as a major variable in all theoretical frameworks related to the issue. Hence, any idea of...
Megatrends of the Agriculture Industry Veggitech is an agricultural technology start-up with headquarters in Sharjah, a city in the United Arab Emirates. As per Veggitech’s About Us (n.d.) page on their website, the company’s aim is to redefine agriculture by protecting, restoring, and promoting sustainable farming methodologies with the use...
Introduction Equality in the labor market implies similar opportunities for people to realize their needs for labor, professional retraining, career advancement, participation in management, and fair remuneration. Despite this, the work market in Australia is heterogeneous, which contributes to increased competition between young participants in social and labor relations and...
The agency’s mission and history My mission is to provide a service that will be useful to all members of the community. It will be beneficial for both pensioners and housewives or households where both family members work. My work and social activities will contribute to the satisfaction of social...
Toyota is an international company that manufactures and distributes cars to different regions. The organization faces dynamic internal and external outliers that influence the marketing experience. The study focused on the assessment of the automotive service technician roles and the inherent impact towards achieving the institution’s goals. The research establishes...
Businesses exist to serve a particular purpose, achieving which is possible through projects. As employees and managers become accustomed to working with each other on specific objectives, they develop a certain set of beliefs that determine how they approach their tasks. The accumulation of these practices represents the culture of...
Motivation may be defined as cognitive decision-making to initiate and monitor behaviour with the purpose of reaching a specific goal. At work, evaluations are conducted using appraisals, which have predetermined standards and whose conclusions decide whether the person is satisfied or unsatisfied. Motivation is critical in all enterprises, whether private...
Introduction Business and any company’s change processes involve a set of measures that are designed to improve performance. The transformation uses ways to support an organization’s mission, goals, and operations in a way that systematically impacts the company’s declining quality metrics. An organizational development and design (ODD) approach expands an...
Nowadays, most companies employ a complicated job interview structure, which sometimes includes provocative or irrelevant questions and tasks to test applicants’ communication or decision-making skills. Naturally, it contributes to selecting exceptional candidates; however, many people still miss the job opportunities with top-tier skill sets and backgrounds. Overall, it poses a...
In 1989, a tornado took place in Folcroft, PA, which led to the injury of 7 people. The tornado went 50 miles of distance, causing harm to local facilities. A fierce thunderstorm caused widespread wind damage in Berks County’s northern part, including an eight-mile-long strong Tornado that wreaked havoc on...
Our company can develop in the market as gently and cautiously as possible, taking into consideration its own peculiarities because it is its own brand. It is planned to make $2.19 million in the first year with six workshops and the same number of field sales agents promoting this product...
The population of each area, independent of its size, has various needs and purchasing power. Accordingly, it is essential that products and services be available within a locality that will satisfy the public’s requirements. Therefore, if products are necessary for the citizens, people will have a demand for them, which...
MS Excel software can be used to produce thematic visualizations that simplify the ability to draw conclusions and identify key trends based on distributions. A business idea exploring statistical patterns to test viability is the use of a buggy — like a golf cart — on a university campus to...
The mission statement is essential for building the organizational activities of companies. The importance lies in the fact that the mission understands how the company’s strategy is made, who the target audience is, and what products it sells. According to this mission statement, it is necessary to solve current problems...
Introduction Home Depot, Inc. is the largest improvement retailer chain in North America and was founded in 1978 in Atlanta. Compared to other traditional retail stores that carry other items in addition to their primary product offering, Home Depot stores specialize only in home improvement products (Hughes, 2022). It operates...
Profile of the Respondents Some of the respondents’ profiles include demographics such as age, ethnicity, gender, education level, marriage status, current designation, and current residence. In the case of age as a profile, the question posed was how old are you, and there were various ranges such as 19-24 years,...
Strategic and Operational Strengths and Weaknesses Table 1: Strategic and Operational Weaknesses of Organizations Strengths Weaknesses Apple Strategic Apple is the leading technology innovator due to its ability to produce its hardware, software, and other products. The company has earned a high brand reputation across the globe. Apple has long...
According to the Path-Goal theory, a leader’s conduct is determined by their coworkers’ contentment, encouragement, and effectiveness. The leader’s role is to direct employees to select the optimal route to achieve their and the company’s objectives. According to the theory, leaders must participate in various categories of leadership conduct, relying...
Introduction Opportunities for organizational growth and development are largely achieved due to the successful establishment of such a productivity factor as a shared vision. Senge (2006) defines this phenomenon as “a force in people’s hearts, a force of impressive power” and calls it not an abstract idea but an operational...
The concepts of morality, ethics, and culture of behavior are usually attributed to the field of non-economic relations between people. To some extent, they are associated with official relations, usually tied to service in government organizations. Meanwhile, it is exactly the entrepreneur who needs the image of an honest, deeply...
Introduction In modern days, the majority of companies possess at least some form of an online presence. Your company is one of them, which is a significant advantage over many other stores that have little to no access to the vast potential customer base that is the Internet. However, the...
Business’s Viability Green Office Company is a start-up organization that intends to enter the U.K. sustainable furniture market. The firm belongs to three environment-conscious partners who dream of helping businesses acquire modest and durable office furniture without hurting the environment. The Green Office Company appreciates the existing gap in the...
The current situation with cinema in Nigeria is the most promising public sector of the entertainment industry. The film industry is the second-largest globally in terms of the number of films produced while contributing significant percentage shares to the national GDP: in 2016 alone, there were about three (Etuk, 2020)....
Networking is exchanging ideas and information between people in an informal setting. The people involved in networking are primarily with a particular interest or of a common profession. Through networking, professionals widen their circle of acquaintances to increase access to news, and trends, find new jobs in their fields and...
Introduction Diversity in the workplace is an essential factor that increases creativity and innovation and allows the organization to hire different employees, thus making its workforce inclusive. Different elements create diversity in the workplace, including gender, nationality, age, disability and culture. However, some groups are subject to discrimination and assault,...
Introduction There are rules of behavior in society and at work, but they are practically absent in social networks. Although they have been a public space for a long time and they can tell the main thing about a person: what they are interested in, who they are friends with,...
The global expansion of the fashion brand creates several challenges for companies. In the luxury clothes industry, brand names and designs are important. The value to the customer is increased when the item is created in one global design center that supplies other locations with its designs. However, not all...
This recommends new strategies for Netflix that can make it more profitable globally. Implementation will take place within 60 days of approval. Improved sales and reliability will result from Netflix expanding its operations into new markets in developing countries, where opportunities for video streaming abound. Head of Sales, Mr. James,...
Introduction Lakeforest Mall was opened in 1978 with four major anchor stores. It was inclined with ample parking ground and many major inline tenants. Retailers were competing to get a space in the Mall, which made it the pride of Montgomery country. However, four decades down, the Mall’s presence had...
A high level of competition between companies in the modern globalising world necessitates organisations to emphasise their human capital. For an organisation to strive, it has to invest in forming good relationships with employees based on envisioning them as key stakeholders. Indeed, workers inside the company should be perceived as...
It is important to note that there are a number of different pricing strategies which differ in their strategic objectives. The skimming price strategy enters the market by offering the highest price for a product, which is subsequently lowered as needed. Such an approach is useful in order to maximize...
Analysis Therefore, it is necessary to proceed to the consideration of the case study, which is the basis of this work. The analysis is based on The Quality Tooling Company, which supplies organizations with engineering devices. Despite the relative success in the market, there has been a decline in the...
Introduction Adrizalia Soldaduras, S.L. is a small, 10-people family company based in Barcelona, Spain; the company’s products are designed to serve the copper pipes. The company’s profit decreased after the crisis and has not recovered yet. The company has been operating since 1988, without significant changes in the structure and...
Job analysis can consist of contradicting information gathered from various SMEs on the matter of tasks and KSAOs required for a job. This is due to the fact that the position and its obligations might be viewed differently depending on the SME. A customer does not always have the knowledge...
Hiring employees is regularly presented as one of the most challenging tasks for employers, which requires the proper attention and approach of hiring managers. Various legal provisions protect these social classes from hiring women, people with disabilities, or the elderly. Most questions are raised by legislation regarding students and non-disabled...
Introduction The health sector is essential to both the economy and society as a whole. It gives a lot of people jobs all over the world, which helps social and economic growth. It is crucial for the health and social well-being of people who work. Over the past several decades,...
It should be noted that DSS is aimed primarily at interactive interaction with business, in particular, with the management of an organization or project. This tool allows management to modernly and efficiently obtain the necessary information from primary sources for its subsequent analysis (Finn, 2021). It helps to identify the...
Exxon Mobile is the largest in the world oil and gas company. Its P/E is currently 15,32, favourably compared against Shell’s 10, 63, Continental Recourses’ 13,44 and Occidental Petroleum’s 36,47. P/E shows the relation of a price of a share to the profit of the company (Exxon Mobil Corporation). The...
Data analysis provides profound and useful insight into a business and its customers, but to benefit from it, one must know data interpretation techniques and apply them to the chosen business strategy. Prescriptive analytics view future scenarios in the development of a business and provides practical improvements (Newman, 2020). Machine...
Introduction Starting a new business requires making several crucial decisions influencing the company’s future, including the structure of the venture. The Internal Revenue Service (IRS) (2022) highlights five common types – sole proprietorship, partnership, limited liability company (LLC), corporation, and S corporation. Each of them has its characteristics affecting the...
The smartest person I know is my friend who studies programming at university while maintaining a personal start-up and having enough time to maintain a perfect work-life balance. I am smart in my life position and attitude towards people. It is closer to a common-sense smartness in the way that...
Introduction Accounting has been a crucial part of any financial proceedings from ancient times. From the ceramic tablets with the simplest recordings in ancient Egypt to the modern-day Excel spreadsheets, humanity has always not only known the value of proper accounting but actively needed it in their day-to-day operations. However,...
Growing and selling wines in the USA have differed greatly from the practices adopted in the Old World. Stricter regulation of the industry as well as an accent on branding and marketing, allowed New World wine companies to compete favorably against the best wine companies of the Old World. Among...
Products The Canadian Moose Hat Company has manufactured winter hats for almost a hundred years, especially for skiers and people who go camping or hiking during the cold winter. Most hats are designed and sold to men and women aged eighteen years and above, and men represent the highest sales....
Choosing a computer might become complicated; therefore, it is essential to compare various models. For instance, the two major U.S. computer manufacturers, Acer and Apple, are appropriate variants for work and study usage. Moreover, it is vital to consider the gross profit ratio to understand companies’ productivity when comparing. Factors...
Executive Summary Countries and islands along the Pacific coast face numerous challenges in the shipping industry due to social, technological, climatic, and economic factors. Significant factors affecting the industry include capacity constraints, the smallness of the islands, economic instability, distance from large markets, and effects of climate change. This paper...
Introduction It is important to note that identifying key issues in one’s field of interest is critical in order to be able to effectively manage and resolve them. In business administration, one of the main challenges is knowing where to apply the acquired knowledge and skills. The two major problems...
Hiring and maintaining diverse personnel is the first step toward diversity for Ms. Dickoff. She can improve the situation by employing a variety of employment boards. As such, she can order to post job postings on diversity-focused employment boards. On the company’s website’s career page, they should emphasize diversity. Next,...
Problematic situations in communication with clients and helping professionals arise everywhere and are the norm of interpersonal communication. One of these difficulties can be a different cultural barrier between employees and customers. As a rule, this happens with clients from other countries or other cultural backgrounds. In this case, the...
Introduction Background The concept of leadership has attracted the attention of scholars for the past several decades. According to Tevik and Lange (2020), the socio-economic and political changes that have been witnessed around the world have redefined the leadership styles that companies use. In the past, it was common for...
Models and theories of planned change are intended to help organizations manage any changes that may be occurring within them. PAREF Southcrest School, Inc. is an educational facility in the Philippines and abroad that operates on the principle that the home is the first school and that parents represent a...
Introduction QPR Company is an international business organization that deals in electronics and groceries. The firm has various stores located in different cities and towns in over 30 countries across Europe, Asia, Africa, North America, South, and Central America. In the past decade, the corporation has been one of the...
Executive Summary BNE Pty Ltd is a specialty frozen-food processor that has achieved significant business success. That is why the leading purpose of the given report is to comment on what changes should be implemented so that the company can effectively assess its performance. Every employee should be valued, which...
Leadership’s primary goal is to navigate and support a group of people in various endeavors. While performing this task, a leader will run into so-called “problem situations”, which include both personal and professional setbacks. One of the negative personal difficulties I consider the most difficult is the imposter syndrome. Imposter...
Introduction Human resource management has been a concern for many enterprises globally since it helps the leadership within the organization determine the importance of having an identifiable number of employees. Businesses determine the need for having a specific number of employees by identifying every worker’s contribution to the final business...
Whirlpool Corporation is an American multinational company specializing in manufacturing and marketing kitchen and laundry appliances. According to Whirlpool Corporation (2021), the company is firmly committed to the development of innovative products that make life easier for its customers. Whirlpool Corporation has come a long way from the introduction of...
The COVID-19 pandemic has caused enormous damage to the economy, including the economy of Malaysia. Other countries also collapsed, lost international trade, and sometimes canceled already-concluded supply agreements. The consequences of the pandemic, of course, will manifest themselves in every country, be it a civilized state, a political and economic...
A successful staff training session requires eight essential elements in order to provide staff and management with a cohesive process and a productive environment. First, an effective training program relies on skilled leadership that can adequately manage the process of learning. Second, the staff’s learning needs must be identified for...
Business Intelligence Justification Business Profile, Issues, and Responses Bear Stoned Park (BSP) is a clothing brand that puts its focus on the 420 lifestyles for adults. The organization was first created in 2017. The owner, Jerry Butler, wanted to break the negative stereotypes associated with the consumption of marijuana and...
Accounting gained popularity across different industries, with financial (FA) and managerial accounting (MA) being the two major types. According to Accounting Stuff (2019), the former reports “entity’s financial transactions” to extant and prospective creditors, lenders, or investors (2:04). Meanwhile, the latter communicates financial analyses to the administrators “to assist them...
Introduction The American work culture can be viewed as a set of guidelines that describe the typical working regimes of American citizens. Typically, the concept is related to the American efforts of promoting inclusivity and diversity in the workplace, and always reaching for the top positions. As the 40-hour workweek...
Introduction An assessment of the company’s performance is needed to understand whether or not the management in place has been effective. This can be determined by checking how much market share the firm currently has in comparison to the past. Market share can be computed as a percentage of sales...
Abstract The main problem of this case is the demonstration of the developed new recruitment model in the company. It was created by the Office for Content Workforce Management (OCWM), which corresponds to the fact that new approaches and standards were introduced to select new employees. However, in order for...
Company Strategy The Disney Company is an international multimedia conglomerate produces many different types of products and services, primarily in the entertainment sphere. The company HQ is based in California, although most of the organization’s business is done both around the US and overseas (“Walt Disney”). The biggest markets for...
Introduction The experience economy refers to the type of economy in which many goods and services are sold by focusing on their effect on people’s lives. Most people in today’s world tend to spend more money on experiences than commodities because experiences are more memorable. Most businesses are now determined...
The COVID-19 pandemic has affected companies and organizations worldwide in many ways. To mitigate its negative effects, experts suggest various strategies, including those related to human resource management. One of its elements is controlling employees’ competence level, motivating them to upskill or reskill if needed, and providing them with opportunities...
Nowadays, when the labor market has been restored from the lockdowns of COVID-19, more and more people are looking for jobs. Belonging to different generations, people have different values and expectations of a workplace which employers should necessarily consider to recruit talented workers. The millennials and z-generation are among the...
Introduction Organizations often change due to internal and external factors, and General Motors (GM) is one such company that has experienced a transformation. Kuppler (2014) describes the corporation as a major automotive manufacturer facing an ignition switch crisis that led to the deaths of several people. The enterprise’s main attributes...
Definition of corporate sustainability strategies Corporate sustainability strategies ensure that sustainable development activities aim at social, environmental, and economic dimensions (Baumgartner & Rauter, 2017, pg.82). Corporate strategy is whereby an organization focuses on long-term stakeholder value by looking at the social, environmental, economic, cultural, and ethical dimensions of doing business....
Introduction After Malaysians noticed a decline in the number of new COVID-19 instances, the need for workforce revitalization occurred. If the number of new cases in the country can be kept low, all sectors of the economy should be fully reopened. Malaysia is preparing to resume its economy after more...
Imagine being a beginning developer and hoping to make a living from your work. You distribute your first app, and it turns out to be impossible. You have to face many costs, and the market’s fees take the small percent that could have been your profit. Google’s Play Market and...
Introduction Businesses can greatly benefit from forming a formal business organization. It ensures the protection of business owners and decreases tax expenditures. After analyzing some of the advantages of formal business entities, this discussion post will describe some of its disadvantages and suggest that forming a formal business organization helps...
Introduction The pet care industry in America is a fairly mature service industry, representing a mature business with a steady and growing clientele. To open and maintain such a business, it is necessary to study the structure of this industry in the market, assess the risks and rewards, and also...
Introduction The Shetland Wool Company is a small family-owned business that manufactures very high-quality hand-knitted wool sweaters. The company owns an office where all operations not related to the manufacturing process are conducted. On the other hand, the production process is not centralized as employees work from their homes. Finished...
Although different companies select various pricing methods for their business, one general process is involved in establishing prices. The procedure includes eight steps: developing pricing objectives, the target market’s price evaluation, demand determination, analyzing demand, cost, and profit relationships, evaluation of competitors’ prices, selection of a pricing basis and strategy,...
Major Issues in the Case Study The merging of National Office Machines (NOM) from the United States and Nippon Cash Machines (NCM) from Japan brings two different cultures together with contrasting marketing strategies. The two significant problems that result from this partnership include: the problem of the ideal compensation plan...
The concept of an authentic leader is rather new and still in the process of development, but it already demonstrated its effectiveness and relevance in the modern world. This type of leadership appeared as a reaction to the unpredictable events, scandals, and fear of the dishonest managers and heads of...
Executive Summary The need to increase engagement in the company’s three branches in China, India, and the USA requires the organization’s HR departments to implement appropriate improvement solutions. Differences in cultural perceptions are constraints because a unified optimization strategy is not possible due to different views of employees on certain...
Introduction The underlying distinctions between the Anglo-American and German or Nordic labor systems and the many forms of capitalistic theory can be considered a substantial field of research. Economic historians aim to address the greatest financial regulations, their reliance on historical identity, and other variables that influence economic performance differences...
Introduction The International Paper (IP) is an American pulp and paper company, and it is the largest such company worldwide. The company is currently experiencing a decline in its business due to the global transition from paper products to digital media. However, IP has adapted technologically and financially to the...
Kurt Lewin’s change theory model is based on a three-step process (unfreezing, changing, and refreshing) that provides an approach to improvement at a high level. Kurt Lewin has developed a theory that explains the mechanism behind the change. He argued that for people to change, they must move from their...
In business, there are various tools for assessing factors and effectively making decisions based on them. SOAR framework is one such approach that allows describing significant internal and external factors. Specifically, SOAR analysis includes strengths, opportunities, aspirations, and results. This framework can be used to assess individual factors that could...
Introduction A disaster is an unforeseen incident that befalls a society or an individual causing damages or loss of lives, and goes behold the capacity to intervene using community resources. In this case, a disaster can be in different forms, including droughts, hurricanes, earthquakes, wildfires, and volcanic eruptions. Therefore, a...
Introduction The total process of controlling how resources are bought, maintained, and delivered to their eventual destination is logistics, and it is the main specialization of the shipping companies. United Parcel Service (UPS) is one of the biggest corporations in the United States delivery market, along with its main competitor,...
Steps in Building a Strategic Plan The first step in formulating a strategic plan for a healthcare organization is the identification of objectives. Objectives are necessary for an organization to keep track of its performance and progress in plan implementation. Even though objectives are laid out by the governing body,...
The company needs to improve its leadership qualities, without which the company cannot exist. Changes and improvements in the current situation can be traced to the example of Welch and his colossal work at GE. Thus, the first necessary change and one of the leadership concepts is the opposition of...
The current composition of the group lacks the necessary balance, as three of five animals — a donkey, a monkey, and a peacock display potentially disruptive behaviors. However, only an inspirational lion has the authority and power to rectify the situation, while a nice and loving cat is too busy...
This memo addresses recent events involving a former employee and accusations of breach of code of ethics resulting in her termination. Heather Smith worked at Lord Berkeley corp for six months before her termination over the aforesaid breach of code. The facts of this case were that the employee took...
Kantanen, K., Kaunonen, M., Helminen, M., & Suominen, T. (2017). Leadership and management competencies of head nurses and directors of nursing in Finnish social and health care. Journal of Research in Nursing, 22(3), 228–244. Web. The article is devoted to head nurses’ leadership and management competencies and directors of nursing...
This is a Business Analysis and System Recommendation report for acquiring employee recruitment and tracking for Maryland Technology Consultants (MTC). The report comprises four main sections: strategic use of technology, process analysis, requirements, and system recommendations. The proposed system is projected to exhibit numerous advantages in the company operations, recruitment...
A binomial tree is a financial tool that seeks to present a graphical representation of different intrinsic values that an underlying asset or option can take in different periods. The first general approach was developed in 1979 by Cox, Ross, and Rubinstein and has since become a popular method of...
There are several reasons why Apple decided to open its own retail stores all around the world, which now accounts for slightly more than 500 physical establishments (McCarthy, 2021). First of all, the company’s choice is explained by the desire to provide a better buying and product usage experience (Macaholic,...
The reviewed article entitled “Quality of service practices within the business market: An automotive industry experience” was written by Akbar et al. (2018). The article dwells on the way service quality is perceived by buyers with a focus on the automotive industry. The researchers implemented a qualitative study to explore...
There is a large amount of information that can help in determining the leadership style that suits a person. However, without knowing and analyzing their own traits, individuals will be able to achieve little. Thus, learning about oneself is an essential step in becoming an authentic leader (Northouse, 2022). Self-awareness...
The movement of people by air has always brought enormous profits, not only to the countries to which people have flown for tourism purposes but also to the airlines themselves. This is why there are many air transport companies in the world. There is a lot of competition in this...
Introduction Effective strategic leadership is one of the primary factors affecting the success of any company. Strategic leaders have multiple roles including, but not confined to defining the direction the company heads, setting, choosing the methods to achieve the established goals, and enabling the organization to change and evolve (Yukl,...
Endometriosis Fund of America is a nonprofit organization directed at combatting endometriosis. It is a disease affecting women, which expresses via the inappropriate growth of tissue that is typically found in uterus. Medical News Today is a publication by a health information company Healthline Media. Journalists of this organization convey...
Caterpillar Inc. is the world’s largest construction machinery and equipment company. It produces, designs, and markets financial and machinery products. As the company notices on its website, for about a century, they have been “helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon...
Introduction In this case study, the Florida re-entry subdivision is analyzed as a whole entity that involves three main departments. Firstly, the recovery department is focused on prisoners’ spiritual health. (Florida Department of Corrections, n.d.). The main objectives are to positively influence the individuals’ world perception from an educational perspective...
Introduction Corporate Diplomacy has created a dynamic social phenomenon, trying to consolidate inside the context of other relationships. Subfields such as foreign policy analysis and global political economy have gotten little attention in fields like corporate strategy and organizational design. The term diplomatic is often misused to describe the activities...
Management discipline offers a myriad of ways to deal with problems within an organization. A keen manager will attest that not all problems are unique, and there exist repeating patterns in business, termed archetypes. A systems approach to problem-solving renders most workers inept at perceiving these patterns, which, if correctly...
Today’s communication is often built upon texting due to the high popularity of online contact. The LabSim platform provides advanced opportunities for communication through texting. The first reason this site was chosen is that it allows learning and communicate through video calls. This helps quickly solve the particular problem, which...
About Company Pepsi Co. is an international corporation that has distributed its products worldwide and gained recognition. They started producing and selling soft drinks that helped people survive the heat and served as an excellent addition to a delicious meal. The company also made snacks such as Lays, Doritos, and...
Background Caterpillar Inc. is the world’s largest construction machinery and equipment company. It produces, designs, and markets financial and machinery products. As the company notices on its website, for about a century, they have been “helping customers build a better, more sustainable world and are committed and contributing to a...
The project management office (PMO) presents one of the most important activities in management that focuses on providing directions, methodology, and training for project management. Furthermore, PMO is a critical factor in achieving project success as it improves the projects’ effectiveness through the active transfer of knowledge and experience and...
Introduction Unethical activities that people engage in while doing business transactions include lying, stealing, false impression, engaging in conflict of interest, unfair advantage, improper personal behavior, hiding information, allowing abuse, and condoning unethical actions. In most cases, people resolve to go contrary to their moral expectations when in dilemmas. However,...
Introduction Emotional intelligence is a vital skill that can be applied in a variety of situations, including conflict resolution and negotiation. However, as with any skill, not everyone possesses it, and people can develop it further by emulating a model of behavior provided by the leaders in their place of...
Introduction This proposal suggests launching a program in the online school to add foreign languages to the list of taught disciplines to attract new potential customers, expand business activity, and raise profits. The three years of the online school’s existence have demonstrated that, as a private educational organization, it has...
Introduction Acetone (CH3COCH3), commonly known as 2-propanone or dimethyl ketone, is an organic solvent with industrial and chemical applications and is the most fundamental of the aliphatic (fat-derived) ketones. Purified Acetone is a colorless, slightly fragrant, flammable, mobile liquid that boils at 56.2 °C (133 °F). Many fats and resins,...
Numerous organizations worldwide vary in many aspects, including the way every entity treats its employees, clients, and other stakeholders. Whether leaders respect or neglect the interests of each party involved in a firm’s life depends on such elements as the vision and mission statements and the establishment’s worldview perspective. An...
Summaries of Existing Research The issue of employment discrimination and specifically discrimination in recruitment has been discussed by many scholars and academics in recent years. This literature review will present, summarize, and compare important findings from a number of such works. Adamovic (2020) conducted a research with a purpose of...
Introduction It is important to note that product assessments and subsequent marketing processes are heavily reliant on one’s ability to utilize a wide range of available tools to create an in-depth, comprehensive understanding of the prospects. The most critical and foundational concepts include the strategic planning process, SWOT, market segmenting,...
The changing of a business firm refers to a process in which legal structures of a firm may be modified. Currently, the most common forms include partnerships, corporations, sole proprietorships, or limited liability companies. Each form has a set of benefits as well as drawbacks. Changes in business form do...
One of the many effects of globalization on the business world is the intensification of competition. Initially, companies competed nationally or regionally, with some enjoying immense control over their local markets. Attracting and retaining talents is one way that businesses employ to seek competitive advantages. However, not all the workstation...
In the day and age of the rise of information technology, social media serves as a powerful tool for communication for people in all areas of life. Work is no exception: many employees use social media during work to collaborate, share information, and search for solutions to problems. Bizzi (2018)...
Introduction Michael Porter’s technique for competitive advantage evaluates the five forces for competitive strengths and positions of a business in its environment. The five forces include supplier power which assesses the ease of merchants to drive prices down. Supplier power is determined by the uniqueness of products, relative size, and...
Because the workplace is based on the relationship between employees, many different problems may arise. One of them that I expect to meet in the future may be discrimination. Despite the fact that movements to achieve equality in such aspects as gender and race are of considerable importance in the...
A high-performing team is a group whose members are deeply committed to each other’s personal growth and success. It far exceeds not only all other teams but all reasonable expectations, given the abilities of its members. Participants of such a team have a heightened sense of responsibility for doing teamwork....
Introduction Customers have more options when it comes to where they purchase products and services in the more competitive marketplace. For an organization to attain its targets, it should initially discover what shoppers desire and then select the ideal approach to meet their demands and preferences. It might be challenging...
Introduction Effective leadership includes achieving the organization’s goal and setting its tone and culture, planning and implementing strategies, acquiring resources, and recognizing and resolving conflicts (Fatien & Nizet, 2019). Leaders build employees’ strengths, talents and nature dedicated teams for a mutual benefit. Companies and other institutions all around the world...
