Risk Management Strategies While Choosing a Third-Party Crematory

In the article, the author provides a significant background in the framework of what actions are to be undertaken while choosing a third-party crematory. She describes the negative consequences that may take place if these actions are not brought into life. The arguments formulated by her are coherent and convincing,...

Analysis of Amazon Recruitment and Staffing

Introduction Like many other companies in the e-commerce business, Amazon relies on the scale of its operations for profits. Recently, the company has announced that it would hire 7,000 workers to support its operations in the U.S. (Isidore, 2013). In order to manage the quality of service as part of...

Ways of Managing Conflict

Introduction A new coworker, Mark, made an unfavorable first impression on an existing employer, John. The new coworker asked for assistance with a customer inquiry, but it was declined because of the tight schedule of John in the working area. Since then, Mark started feuding with John, who at a...

“Business Careers with High Pay”: Article Review

Name of friend Address of friend Date Dear (name of friend), Hello, I hope this letter finds you well. How are your parents doing? I am writing this letter with great hope that you are fine; everything here is passing by quickly, and the semester is almost gone. It has...

Aspects of Effective Collaboration and Teamwork

Effective collaboration is a balanced system, which can be compared to a body that functions correctly and independently to some extent. As a human organism, the external processes of any company reflect its internal well-being and a group is what represents it (Daft and Marcic). It is important to remember...

Comcast Integration Strategies

Strategies of vertical integration can have a positive impact on a company’s financial success since it helps to take control over several parts of a revenue chain. In this particular case, Comcast is corporate in the entertainment industry. To achieve such an accomplishment, this enterprise has also implemented methods of...

Stress at the Workplace and Strategies of Its Reduction

Job stress has become a growing concern among managers and supervisors in organizations. This is because of the adverse effects on both employees and the company. According to Maslow’s Hierarchy of Needs and Herzberg’s Two-Factor Theory, stress at workplaces is an excellent de-motivator, and every employee reacts differently to work...

Communication, Decision Making and Conflict Management

Introduction Communication techniques are the schemes used to advance communication between individuals of a team. Their proper use ensures successful team communication and high team morale. They work to eliminate communication breakdown, a significant source of conflict, sabotage, complaints, and resignation. Applying these techniques creates a productive working environment for...

John Rhodes Community Center Pool Case Solution

Introduction Promoting a new program or implementing a new course of action can be a daunting marketing challenge. Although there are many marketing strategies designed to facilitate such projects management, not all of them are applicable in specific conditions. For example, the situation can be significantly complicated by an enterprise’s...

The Cleaning Company and the Use of Social Media

Every organization requires knowledge management systems to help in storing and retrieving knowledge to improve process alignment, collaboration, and improve understanding of how different systems work. These systems could aid cleaning technicians in retrieving and sharing cleaning knowledge. Additionally, these systems provide a potential source and a competitive advantage because...

Professional Ethics in Logistics

I intend to become a Logistic Specialist as I am currently doing a major in Business for Applied Arts and Science, Management, and Marketing. My concentration is on Logistics and Supply Chain Management. In this profession, the logistics specialist is responsible for maintaining logistics policies, coordinating in-house sales, and administering...

Balancing Stakeholder Needs in an Organization

Introduction A stakeholder is any individual interested in the operations of a business or who influences its operation. Large organizations have various stakeholder groups, whereby some are external, while others are internal such as the government and the employees, respectively (Brandt et al., 2018). An organization needs to consider and...

Ethical Issues in Social Marketing

The moral principles of marketing can be described as clearly established ethical norms and rules of conduct of a company on the market, which must be followed by the employee of the organization and for which there are no exceptions. According to Serrat, “social marketing involves changing seemingly intractable behaviors...

Decision Making: Make or Buy Decisions

Today, companies have to make multiple decisions to demonstrate high-quality performance, choose appropriate resources, and achieve a competitive advantage. Chief procurement officers (CPOs) have to study what customers want and how to increase service level by choosing effective outsourcing and avoiding organizational failures. According to Schwartingm and Weissbarth, manufacturing units...

The Value of Logistics Functions

In logistics, both costs and value play a significant role in performance management. Managers should understand the total costs and the total value and the difference between them because it is one of the major business challenges (Ruffa, 2008). The value in logistics refers to the customer’s evaluation of the...

Contract Performance Between Twin Creeks and JVC

Introduction In an ideal world, business contracts would be entered, all parties would benefit and be thrilled with the outcome, and no dispute would arise. However, things are different because of breaches of contracts and other issues. The contract between Twin Creeks and JVC was marked with issues because of...

Combat to Corporate: Migrating from Military Leadership to Business

Military leadership and civilian business leadership rely on overlapping sets of leadership skills and personal traits. However, the extent of this overlap is currently uncertain, and veterans transitioning to business leadership positions may face challenges translating their existing skills to their new role. Although the primary topic of the research...

Lucky Lou’s Rice Pudding: Market Analysis

Core Value Proposition and Target Market Identification Market Analysis. Lucky Lou’s Rice Pudding is a company that belongs to the grocery foods market, which is enormous, and continues expanding. In the US, the sales in retail and food service amounted to $6.2 trillion in 2019, increasing for ten years successively...

Getting to Yes: Book Review

The book entitled Getting to Yes: Negotiating an agreement without giving in was written by a group of Harvard-based authors majoring in negotiation. The book’s target audience is the general public and business-involved individuals who engage in negotiations regularly. As the title implies, the work is organized around the idea...

Risk Management: Institutional Project Life Cycle

The company in question is in the process of implementing ERP system implementation project, which provides for the restructuring and reengineering of business processes, as well as changes in the organizational structure. Such implementation is a complex and multifaceted process that affects almost all areas of the company’ activity. The...

Trait Theory: The Nature of the Leader

Introduction People made lots of researches to find out what makes one a leader. According to the trait theory, a leader is a person who has certain qualities of character that help one to differentiate from others (Bertocci, 2009). The leader uses the talents he/she has to encourage people to...

Analysis of Performance Appraisal System

Introduction The Human resource department is tasked with getting the best talents the company needs to ensure its success. This is achieved through a vigorous recruitment procedure that begins with the initial position questionnaire/interview. After this step, job analysis is conducted, followed by a job design and, later, the performance...

Internal Accountability Mechanisms

The City Council hearing in Newark, presented by Jacoby and Bourg (2016) as a documentary episode, raises the issues of power abuse by police officers and the facts of unreasonable threats to the population. According to the speakers involved, the major problems concern the breadth of powers of the local...

SWOT Analysis for Best Buy Company

Introduction Becoming a leader in any field relies on strategic approaches to marketing and analyzing the competitors, weaknesses, challenges, successes, or failure to lay a baseline of success. Internal market analysis entails the strengths, weaknesses, opportunities, and threats (SWOT), allowing organizations to identify for areas for improvement, understand advantages and...

Internet of Things in Manufacturing System

Cloud-Based Services At the moment, systems based on cloud storage are gaining more and more popularity. Service-based software architectures and technical solutions are being actively explored by various researchers because of their potential prospects for many manufacturing benefits (Kayday et al.). The main advantages of cloud services are the reduced...

Brief Description of the Tesla Company

Current Organizational (Model) Design and Features Started in 2003 as Tesla Motors, Inc., but became profitable in 2013, Tesla’s organizational model supports continuous growth development, corporate sustainability and profitability over the seasons under the u-form structure. With the function-based strategy, the company has several offices and units that manage both...

Human Resource Management and Its New Perspectives

Human resources have always been the most valuable ones and hard to optimize out of all resources. However, currently, they are particularly crucial, as large groups of people are working on various creative tasks that are more complicated than ever. Therefore, modern developing society and economics demand specialists capable of...

Managing Risks in Successful Project Management

Any project is associated with uncertainty and risks. Therefore, one of the main project management processes is project risk management, which is present at all stages of its life cycle. A project risk is an uncertain event or condition that, if it occurs, has a positive or negative impact on...

Leadership and Importance of Personal Stories

When naming the crucial characteristics of leaders, it is quite common to address the qualities such as initiative, openness to innovations and experience, and the ability to transform people’s attitudes and behaviors. However, the role of careful listening and awareness of personal stories of people that surround leaders is often...

Leadership Styles and Examples Throughout History

Introduction All leaders possess the ability to influence people around them but choose different methods to achieve their goals. Some prefer authoritative strategies, while others encourage the followers through charisma and a hardworking attitude. Numerous factors, including time, place, and environment, affect the leaders’ decisions and position within society. Famous...

Communication Technology Overview

Communication technology has evolved to become a critical part of human life today. By creating new and innovative modes of communication, people can talk over long distances. Such connections have played an important role in developing the world, with a majority of human beings benefiting from them. Communication technology revolutionized...

Marketing Field: Quantitative vs Qualitative Research

The choice of the most appropriate type of research in marketing is debatable. Some managers prefer a quantitative approach because it helps to gather substantial numerical data. Contrarily, others favor the qualitative method due to its ability to collect non-numeric information, thus allowing them to gain detailed insights concerning the...

Online Purchasing: Google’s Digital Strategy

Introduction for Google Company Google – search engine company. Founded in 1998 by Sergey Brin and Larry Page (Hosch & Mark Hall, 2020). Headquarters in Mountain View, California (Hosch & Mark Hall, 2020). Purpose – to sell new and used cars online; offer auto insurance; IoT and data monetization. Google...

Psychology of Relationships: Case Analysis

I worked at a small IT company where creativity was valued, but one of my attempts to offer new ideas resulted in worsening my relationship with the boss. We frequently had brainstorming sessions where the thoughts about our product development have been assessed and discussed. The boss valued the openness...

Human Resources: Dual-Career Family Lifestyle

Dual-Career Family Lifestyle The problem of dual-career family lifestyle is that it requires a significant investment of resources from individuals, and the sustainment of work-life balance becomes more difficult as employees try to stay committed both to their work and their family. The negative impact of such lifestyle can be...

Case Study: Important Business and Managerial Problems

Introduction In the context of present-day developments, business owners should address a range of details concerning various fields in order to make their enterprise profitable and popular with customers. In addition, they are highly likely to encounter challenges, which are difficult to be found an appropriate solution. Therefore, the purpose...

Emotional Intelligence for Enhancing Leadership

Introduction Emotional intelligence refers to an individual’s ability to assess and manage their emotions and those of others. This requires a person to understand themselves on a deeper level and develop the capabilities of comprehending how others feel. By achieving this, people can increase their productivity in any activities they...

Business Ethics: Indian Tea Plantations Workers

Introduction In the modern world of business, it is important to take into account the ethical issues, for their neglect can lead to dire consequences. In this paper, we will consider the case of severe violation of workers’ rights exposed by Rowlatt and Deith (2015). The ethical issues of the...

Financial Performance: The Impact of Sustainability

Executive Summary The concept of sustainability in the present-day world is the defining factor for the financial success of companies in different countries. However, its practical implementation is complicated by the need to include a variety of spheres of influence and address all of the corresponding issues. In this way,...

Cultivating a High-Performance Culture

There are several ways to cultivate and sustain a high-performance culture amongst employees in an organization. The paper will focus on five – shaping a thriving culture, developing leaders in the employees, leaving the employees to find solutions on their own, encouraging them to embrace failures, and demanding accountability (TED,...

Strategies Improving Employee Satisfaction and Retention

Employee satisfaction and retention is a process in which resources are motivated and encouraged to remain in an organization and ensure its sustainability. Strategies to improve employee satisfaction encourage loyal workers to stay in the company for a longer time, which in turn benefits both stakeholders (Buchbinder et al., 2012)....

Merchandise and Assortment Opportunities for Maximizing Sales and Profit

Introduction Retailers have tried to compete with the best merchandise but the competition is becoming difficult because in every category of the products there are problems to be encountered. Retailers are using the web- based sourcing and the procurement systems so that they can be able to maintain their image...

Challenge for a Mitigation Specialist

A mitigation specialist plays a critical role for the legal team. Throughout the trial, he or she will provide defense attorneys with professional analysis related to the case, information about the investigation that affects this case, key evidence, and experts to testify about the mitigating circumstances presented in the case....

General Motors 2035: Phasing Out Gasoline and Diesel-Driven Vehicles

General Motors (GM) has set the 2035 target date to phase out gasoline- and diesel-driven vehicles from its showrooms globally. GM is among the first automobile makers to put a timeline on transitioning to a fully electric lineup. As discussed by the CEO, the main goal for GM, as discussed...

Conflict Resolution. A Values-Based Negotiation Model

The basic types of conflict are goal disagreement, which is characterized by incompatible outcomes, and cognitive differences, which refer to situations where contradictory ideas are proposed. In addition, task clashes are encountered in instances where duties collide, while affective conflicts are experienced when emotional differences are prevalent. Conflicts occur at...

Global and Southern African Perspectives

Introduction Good customer service is everything to a successful business. There is no other sure method proven to get your customers coming back. You could slash prices back or give any kind of incentive but the end product will be that those customers attracted by these services will not last....

Some Aspects of an Organization’s Culture

In my opinion, Gallup’s results fit my general expectation of an excellent organizational culture. For instance, the Coca-Cola Company has remained one of the top global firms because of its employees’ efforts and commitment to upholding its unique culture. Organizational culture reflects an organization’s members’ shared values, beliefs, and ideals....

Dyson Stores Company’s Marketing Plan

Executive Summary Dyson Stores is a company that has been in the market for a long time and is doing well in its operations. James Dyson founded the company in 1991, and it deals in hand dryers, hairdryers, vacuum cleaners, and utensils (Dyson for business, n.d). The company is committed...

International Green Marketing in British and Romanian Firms

Gurau and Ranchhod in the article “International green marketing: A comparative study of British and Romanian firms,” written in 2005 discussed that the most basic idea in green marketing is to promote one’s product or operation, so that one’s consumers will know that the company and its products are environmentally...

Military Leadership: Combat Bunker to the Corporate Boardroom

The research on the topic of leadership management is substantial, filled with primary and secondary sources covering the various aspects of theoretical and practical discussions. However, the literature review on the selected question of transferring military leadership traits into a business requires one to consider several areas of the scholarship...

Investing in Uber: Reputation, Problems

Introduction Uber, as one of the biggest ride-hailing businesses in the United States, experiences significant financial losses. They are caused by the improper policies of the company with regard to its principal operations. All the emerging issues are conditional upon the fact that it attempts to expand the activity instead...

Colony Nursery and Landscaping Company: Enterprise Resource Planning System Implementation

Colony Nursery and Landscaping Company needs to implement an ERP system since it has been unable to share information between existing systems. The target objective is to increase purchasing metrics within the company. Information silo means a management system that cannot communicate freely with other systems set for communication within...

Fundamentals of Market Planning

A marketing plan is essential for marketers and companies in general. Setting sales targets gives employees and employers a common goal, which can ensure greater harmony in the workplace. Additionally, such a strategy facilitates the efficient allocation of resources. For instance, once it is drafted, the company can determine how...

Tencent Analysis. Micro Innovation Strategy

Introduction Tencent is a Chinese multinational company situated in Shenzhen, China. The company is a technological conglomerate and works both domestically and abroad to bring innovation and improvement into people’s lives (Tencent’s Innovation Strategy 2020). Founded in 1998, its influence has significantly spread throughout the world with the popularization of...

Dr. Steve Tobias:Leadership Overview

In today’s complex healthcare settings, in the increasingly complex healthcare settings, more people recognize the role of leadership in achieving organizational goals (Buckbinder & Shanks, 2012, p. 25). Effective leadership can bring transformative changes and goes hand in hand with ethics since it is based on the values of honesty,...

Communication Problems in Management

Effective Communication It is essential to promote the use of effective communication to increase productivity and performance in the workplace. Organizations that have communication issues tend to lag in their performance. Some of the benefits of effective communication include fostering understanding among employees and employers on the expectations of their...

Healthcare Institution Financial and Investment Appraisal

Introduction The present paper discusses three general aspects of Jiranna Healthcare case study. The first part conducts an appraisal of the firm’s financial performance to help Arizona Health Services (AHS) make a purchasing decision. In particular, the first part assesses sales, expenses, profits, efficiency, profitability, liquidity, solvency, and DuPont coefficient...

Management: Communication and Organisational Structure

The domain of management may relate to any type of experiences, which are built on the basis of mutual interrelations between groups of individuals, who attain the goals of a specific organization (Boddy 2014). In fact, one can conclude that every human arrangement may be perceived as an organization, which...

Concepts and Skills in Modern Management

Know How Management Concepts Relate Expertise, Creative Thinking Skills, Motivation, and Creativity Creativity is the ability of an individual to generate original ideas and new perspectives on existing ideas and find new answers and solutions to problems. From the management viewpoint, it also demands that these ideas are useful and...

Takeaways Pertaining to Ethical and or Not Behaviors

Introduction Firms are facing increasing competition from small and well-established rivals in domestic and international markets for a perpetually shrinking market. As a consequence, some companies engage in unfair and unethical competitive practices, such as predatory pricing, acquisitions, and aggressive advertising to remain profitable and improve their position (Feltovich, 2019)....

Toyota Motors Analysis

Introduction Several key factors are influencing the strategy and operations of Toyota Motors. These are demographics, culture, socio-economic environment, and consumer attitudes. According to the International Monetary Fund, the Japanese population’s median age is slightly over 48 (Japan, 2020). It means that Japan is the country with the oldest population...

Nonlinear and Integer Optimization

In the article by Ware, Singh, and Banwet (2014), the authors are using the mixed-integer non-linear optimization technique (MINLP) to model the dynamic supplier selection problem. This problem arises whenever there is a need for an organization to secure high-volume supply delivery using different suppliers’ services. This problem is complicated...

The Golden Rule and Business Ethics

The notion of business ethics and communication patterns within the business segment has become one of the most discussed subjects when dealing with business in general today. In order to define the major interrelations between ethics and business success rate, many researchers launch empirical studies to calculate the following interdependence....

Aspects of the Occupational Health

Introduction Occupational health is an area that seeks to ensure the safety, welfare and health of employees in various places of work as they carry out their duties. The health of an individual may be affected due to the work they do. Some injuries of the bone, sprains, cuts or...

Business Plan: Smooth Residential Cleaning Services Limited

Executive Summary Cleaning companies in the US have focused primarily on corporate services. For years, these services were required in firms as opposed to homes. However, with a significant number of people looking for more than one job to enable them to pay for their needs, the pressure to get...

Airbnb Company’s Strategic Orchestration

Various companies adopt business management approaches in order to stay efficient and thrive in the global market. Maintaining a beneficial relationship with the customers and multiple partners appears to be a remarkable strategy, which allows the organization to restructure the traditional resource management approach. In this work, the concept of...

Global Cultures Case Analysis

Introduction The federal republic of Brazil, located in South America, is the largest country in the continent, both in landmass and population size. It ranks as the sixth most populous nation in the world. Being the only Portuguese-speaking country in the continent with a history of the century-long mass migration...

Creating an Advertising Website for a Jewelry Company

Executive Summary Webster’s Jewellers is a jewelry company founded in Sault Ste. Marie, Ontario. Its reputation and economic success allowed opening a store in the northern part of the city, in addition to the downtown location. At the same time, in order to promote the new Webster’s North, it would...

Amazon, Inc. Balance Sheet Analysis and Recommendation

A balance sheet is a financial statement that reflects what a business owns (assets), what it owes outsiders (liabilities), and its owners (equity). It balances the accounting equation by equating assets to the sum of liabilities and owners’ equity (Fraser & Ormiston, 2015). It shows a company’s financial condition or...

Short and Medium Goals Analysis of “We Are One”

“We Are One” is a clothing retailer with seven a product line that includes hoodies, tank tops, and jumpsuits. The brand also sells shorts, joggers, sweatshirts, and short and long sleeve t-shirts. The company has established short and near short term goals for the next one, three, and five years....

Segmentation Targeting and Positioning Approaches

Summary Segmentation targeting and positioning are marketing approaches that are used by marketers towards achieving positive outcomes from a certain market depending on the consumer behavior that is characterized by that market. Before comparing these 3 forms it is important first to identify and define each of them in comparison...

Cross-Functional Teams: Assessing Workforce Diversity Issues

Workforce surveys are effective tools to identify the employees’ current perceptions of management and their attitudes to the organization. Nevertheless, senior managers often discuss surveys in the context of many challenges and misunderstandings. Therefore, it is possible to identify benefits of employee surveys and discuss managers’ fears. Benefits of Workforce...

Private Label Brands and Marketing Management

The business arena continues to get more competitive by the day. As a result, business organizations seek ways of using existing strategies to better their performance while at the same time devising new mechanisms to enhance their profitability. The emergence of private label brands is a case in point. Their...

Clif Bar & Company’s Sustainable Supply Chain

5-Step Critical Thinking Decision-Making Model Step 1: Identify the problem(s) and uncertainties What exactly is the problem… The overall profitability of Clif Bar & Company is dependant on outsourcers since they do not own any manufacturing plants or distribution centers. The problem is this … Due to the recent shifts...

International Strategy Advantages and Drawbacks

The given case study discusses the success and the decline of the Finnish multinational telecommunications company Nokia. This case makes us understand how a company could benefit from going global as well as suffer from it. For example, Nokia managed to achieve lower operational costs by opening plants in some...

“What Is the Theory of Your Firm?”

The main concept of the article is a corporate theory, which focuses on identifying the specific traits and needs of the company and using them to achieve a stable position in the market. The author emphasizes that an effective theory “identifies those assets and activities that are rare, distinctive, and...

Motivation to Lead: Communication Skills

In order for a person to improve his or her managerial skills, it is important to have a certain motivation to lead others. The given sense is the strongest during challenging situations when the team or organization heavily relies on a leader’s willingness to remain resilient and strong. Therefore, one...

Subsea Technology and Rentals Organisational Resilience

In order to analyse the potential benefits of organisational resilience, there is a need to briefly overview the company, focusing primarily on its latest activities. Subsea Technology and Rentals was originally established in Scotland but has since grown to an international technology corporation that specialises in sales and rental services...

Leader–Member Exchange and Social Network Theory

Introduction The concept of leadership and the notion of a leader always assume the presence of the followers. As a result, various theories exploring styles and models of leadership view them from the perspective of interpersonal relations and interactions. This paper discusses leader-member exchange theory and social network theory, their...

Supply Chain Management. Evolution

Supply chain management (SCM) entails the planning and management of every activity involving sourcing and procurement, conversion and all logistics management activity (Rajeev et al. 299). SCM encompasses a broader scope within the organization, which also looks at the coordination and collaboration with other stakeholders within the supply chain (Rajeev...

Resistance to Change in Employees

It goes without saying that employees’ cooperation and the contribution of all team members in a project are highly important for its successful completion. However, the company’s manager may face considerable resistance to any changes from his or her subordinates – even if changes are beneficial (Robbins et al., 2018)....

Management: The Complex-Adaptive Leadership Model

Introduction The management team in any organization has to factor organizational leadership in their business strategy to promote business growth, workers’ motivation, and operational efficiency. Corporate leaders typically focus on achieving strategic goals by enhancing teamwork spirit among workers, which fosters productivity and growth. The complex-adaptive leadership model refers to...

Chief Intelligence Officer: Why Businesses Need It?

The present-day is often called “The Information Age,” but not everyone understands the reason behind it. People are generally aware of the ever-increasing opportunities to find knowledge, share experience, and obtain competence, but the information goes even deeper. To truly excel in most entrepreneurial undertakings, one must be aware of...

Skateboards and Gear Marketing Plan

The skateboard and gear business target 120 youths, who stay near a college and depend on skating to reach school. The targeted students have continuously shown their interest to purchase skateboards which are limited in supply around the identified areas. Skateboard is important as it helps the students move from...

Amazon Versus Barnes and Noble in the Bookstore Market

Barnes and Noble and Amazon as bookstores may appear to represent a similar approach, yet they should be considered the direct opposite of each other in terms of business and marketing strategies. Amazon is a much bigger transnational company with almost forty percent of foreign customers, which does not view...

“Leadership Characteristics and Digital TransFormation”: Article Critique

The first noticeable mistake is in the article’s abstract. While an abstract should contain all the significant points of the study, the authors did not mention their key findings in the abstract. Instead of clearly stating the findings or results, the authors noted that “the results represent an important step...

Business Organizational Forms in the United States

Introduction Organizations review the market to identify various forms of business that they can adopt. The organizational form is directly related to various business-related functions and issues (Padgett & Powell, 2012). It should be noted that there are seven key categories of business characteristics. The key categories of characteristics include...

Strategic Planning: Healthcare Organizations

Strategic planning is one of the most important approaches to the development of any organization. Having a strategy is especially crucial for a healthcare institution, as the increase in services’ quality allows them to improve patients’ health and creates a competitive advantage. This paper will determine a small privately-owned hospital’s...

Differences Between IFRS and U.S. GAAP

U.S. GAAP standards are more focused on practical application in different accounting situations compared to IFRS standards, contain more recommendations developed for specific accounting issues, and leave less room for interpretation. In general, the accounting principles and reporting forms of these financial reporting systems are largely the same. Accordingly, a...

Strategic Management Accounting and Balanced Scorecard Application

Introduction A strategy is a plan of action by an organization on how it intends to achieve its goals with the aim of profit maximization. It could happen due to the events or the happenings in the market. The emergence of a strategy might be as a result of interaction...

Discussion of E-commerce Market

Abstract The market analysis allows firms to comprehend the possible opportunities and limitations, which further define the correct strategies to adopt. The e-commerce market has grown over the past years following the amplified use of the internet and contemporary technologies. Amazon uses an online presence to sell its products and...

How Competitive Forces Shape Strategy

Introduction The approaches to the development and execution of strategic plans are closely examined by many business administrators and scholars. This paper is aimed at discussing the issues that should be considered by a person when implementing a strategy. In this context, this notion can be described as the identification...

Mechanistic vs. Organic Form of Management

First of all, it is essential to explain what is meant by a management type. By management type or organizational structure is understood as a system that defines a hierarchy in an organization. It demonstrates each position, its function, and to whom it reports (Friend, 2019). Establishing a clear organizational...

How Team Members Can Integrate Risk Management into Their Jobs

Introduction Risk Management is one of the greatest concerns of multi-nationals and businesses which is a practice that involves the processes of identifying, assessing and prioritizing risks within the business and/or corporation. After these processes, the concept then requires that resources are coordinated and applied to the results obtained from...

Importance of Code of Ethics

Introduction To avoid conflicts of interest, comply with the set laws and standards and bring credit to the profession, the contact managers are expected to hold a specific code of ethics in line with the profession. The skills and competencies needed vary depending on the details of creating and administering...

G4S Company’s Major Risks in the Future

Among the many security-providing companies, G4S stands out as the key employer in the London stock exchange, having an influence in over 120 states with a workforce of more than 620,000. Although one may use this information to claim that this security agent is secure, the paper reveals the major...

Communicating in Teams and Organizations

Abstract Communication is an integral part of human life, including the field of business. Communication in an organization is an essential type of business relationship with other people, which performs several functions. In business communication, people use verbal and non-verbal means, which is also of great importance. Today, in the...

Management Statistical Methods

Introduction Statistics is a mathematical representation of analyzed data. This method can be applied in almost all areas to explore past, present, and future performance. Statistical data can compare and contrast records that may be used for a specific future event. Collected material can predict the likely happening of a...

Managing a Remote Team in the COVID-19 Crisis

COVID-19 struck the world, and companies all over the continent had to send their employees to work from home. It was a bit hectic for the employers since they had to make sure all employees get the tools needed to work with from home. Remote communication technology instantly became a...

Unilever’s Strategic Direction

Unilever is a Dutch-British multinational firm headquartered in Rotterdam, Netherlands, and London, United Kingdom. It is one of the oldest and biggest consumer goods enterprises globally – only topped by Procter and Gamble and Nestle. The organization attracts various types of consumer merchandise brands in beverages, personal care, foods, and...

Market Designs and Entrepreneurship Innovations

Technology has played a significant role in elevating entrepreneurship globally. Innovative ideas have been diverse to fit the digital world in business and market systems. Products have been improved through technology; hence, encouraging competition in the market. When the quality of products advances through innovation, their value increases, enabling them...

Risks on the Workplace: Awareness and Prevention

According to the Oxford English oxford dictionary, a tort is an intentional or unintentional harm to another person or property. In most organizations, employees are exposed to various risks as they perform their daily tasks. The risk may be intentional when both parties, that is, the employer and the employee...

Self-Initiated Expatriation and Personal Experience

Moving to another country is a common activity these days, so many people choose to work in another country quite easily. The self-initiated expatriate is a person “who undertakes his international work experience with little or no organizational sponsorship” (Andresen et al., 2012, p. 11). Such employees, unlike assigned expatriates,...

A Company’s Alignment of its Mission Statement

Abstract A company’s mission statement essentially defines the company’s reason for existence. It ideally incorporates the company’s most important values, as well as provide direction for short term activities necessary for the attainment of the entity’s long-term purpose. Companies will not often change their mission statements precisely because they define...

Company’s Market Identification

Identifying market characteristics for an organization is a way to establish a productive business and resolve all operational issues. As an analysis company, the bakery chain will be used. It produces bakery products and supplies them to restaurants and supermarkets. In particular, the company has several branches and produces yeast...

Proposing a New Hotel: Marketing Plan

Introduction This paper aims to propose the attractiveness of a new hotel at Port Rashid, Dubai. The hotel will be 30 stories, including suites, king rooms, and double rooms. It is expected to cooperate with foreign businesses to offer customers the best food and beverage outlets, Asian and Mediterranean cuisines,...

All Colors of the Rainbow Organization’s Business Plan

Introduction The greatest investment that a business can make for success is an investment in the workforce, which is why HR management is an important part of business plans. This business plan document discusses the workforce-related plans of All Colors of the Rainbow – a newly-established organization to support financially...

Purpose and Scope of Human Resource Management

There are various definitions of HRM, but most of them are similar in the following: human resource management is a unique combination of philosophy and activities aimed at organizing people within an organization (Sharma 2). To better understand the purpose and scope of HRM, it is advisable to review its...

Standard Employment Relationship in Canada

Introduction Standard Employment Relationship (SER) involves the relationship between employers and employees and can influence employment nature. SER has also been used to ensure that workers can work full-time and enjoy extensive statutory benefits and entitlements. Many companies in different countries have used SER to guarantee that laborers and owners...

Barnana: Adventures in Upcycling

Introduction One of the principal conditions of the present-day companies’ sustainable development is the correspondence of their regular operations and essential decisions to international environmental regulations. The company under consideration, Barnana, is no exception to the rule since it cooperates with the United Nations and follows the organization’s goals (Dann...

Analysis of Realisation Glocalization in China

Introduction Glocalization is a concept that reflects the basic idea of transition from globalization to localization and integration of these practices. In other words, glocalization implies that businesses, NGO’s, or governments place great importance on how global products or practices fit into the local context. This paper aims to analyze...

Aspects of International Accounting Related to IFRS

Introduction International accounting standards refer to the principles that are considered worldwide while balancing financial records. The goal of international accounting has been to create a comparison of different businesses in the world, fostering global trade and increasing transparency in financial reporting. Investors can make well-versed economic decisions about investment...

Management Strategies, and Challenges in Implementing Them

Management strategies Functional strategies Functional logistics strategies are determined specifically by the arrangement of the services that have been delivered. During this procedure, the technical, legal, as well as economic parameters, must be taken into account at all times. Functional strategies draw around the effect of over bending the business...

Organizational Culture, Structure, and Leadership in the 21st Century

International as well as local companies of the 21st century have to change their missions, organizational culture, structure, power division, reward system, and leadership styles. These changes are unavoidable if the companies want to remain competitive in a global rapidly-changing market. As the world becomes more and more interconnected and...

Coca-Cola Branding, Mission, Vision and Values

Brands have risen to become a significant intangible asset of a firm. Product branding requires a firm to apply both art and science skillfully to build a strong valuable brand. A strong brand requires creative designing, careful planning and execution. Branding gives a quick identification to the product’s manufacturer (Kottler...

Management: Friendly Financial Works

The effective functioning of any company depends on management practices used to ensure the desired outcomes and attain specific goals. It is vital to create an environment motivating workers to engage in various processes and contribute to the evolution of the company. Designing a productive and satisfying job is a...

Walmart and the Chinese Market

Introduction Walmart is one of the largest multinational retail corporations and the world’s largest company by revenue. It operates in twenty-six countries outside of the United States, with the Chinese market being one of the primary focuses for the company’s expansion since 1996 when Walmart opened its first hypermarket in...

Logistics Network of the Food and Beverage Production Industry

The supply chain serves as the core of today’s enterprises, becoming the foundation upon which effective business operations are based. The correct organization of a supply chain is key to navigating along the optimal path in today’s globalized, changeable business landscape. As such, logistics networks hold special significance within vital...

Customer Focus at Parkplace Mercedes and Mercedes Benz

Introduction Customer focus remains one of the core values of many companies in the service industry. It involves determining and evaluating the needs of a company’s customers. In determining and evaluating these needs, most companies focus on their products or services, the quality of these products or services as well...

The Ethical Issues in Business

Introduction Business ethics is a kind of ‘applied ethics’ that seeks to assess the ethical principles as well as the ethical or moral issues which have a potential of arising within a business environment (Hartman, 2004). The dawning of the 21st century has resulted in marketplaces that are increasingly becoming...

Ergonomic Review of Workstations

Ergonomics is the study of the work of human beings and adaptation of environment, practices, and equipments to the demands of the people using them. It is concerned with establishing a work environment that fits the needs of all the workers in their workstations. Ergonomics narrows down its objectives to...

SWOT Analysis for Woolworths Group

Woolworths Group is a leader in the Australian food and grocery retail market. It has multiple stores in Australia and New Zealand and provides consumers with high-quality middle-range prices products. According to the Managing Director of the company, its mission might be formulated as “placing the customer at the start...

Training and Development for Employees

The purpose of this proposal is to instruct the employees in order to increase their performance in the organization. There are several delivery methods for development programs, the most popular of which is instructor-led training (Lacerenza et al., 2017). It is best for creating an overall understanding of the raised...

New Network Contacts Research and Development

Introduction Maintaining and developing a network of valuable contacts is a vital skill and duty in almost every industry, and is critically important in any business which relies on interprofessional connections to function at the top of its efficiency. The importance of such connections is progressively recognized more and more...

Developing Relationships in the Workplace

The Needs and/or Expectations of Others Identification Stakeholders are individuals and groups that the organization impacts directly or indirectly. Therefore, businesses must identify and prioritize the needs and expectations through surveys, interviews, and feedback. My organization provides business IT solutions to individual and corporate clients locally and internationally. Customers expect...

Howard Schultz, Starbucks and a History of Corporate Responsibility

Ethical business conduct is a topic of dramatic importance, given the constant news about immoral behaviors by both large and small businesses. As such, the recent developments in the field of corporate ethics and citizenship are promising, though the field is still far from achieving its intended objectives. Well-defined criteria...

External Business Analysis With Six Questions

The external analysis, also known as environmental analysis, is a process through which companies objectively evaluate changes that might influence their current operations to their industries and the wider world. Companies do this to make sure they can adapt and succeed in a drive in the context of changes. The...

Soft Skills Define the Future and Success

The changing nature of the global workforce is incontestable and demands exceptional skills to adapt and compete. Unlike in the previous decade, many professionals today appreciate the need to leverage the power of soft skills in the contemporary multicultural global workspace. Exceptional communication abilities, people management, problem-solving, work ethics, teamwork,...

Leadership Style: Which It Should Be?

Abstract Leadership can be defined using how a person influences others. The purpose of this study is to identify leadership styles and the traits associated with an effective leader. It also seeks to clarify the difference between having power and being a leader. A person can be a leader but...

Potential Entrepreneurial Business Venture

Description of Venture’s Services Starting a retail and distribution consultancy business venture in the future is one of the most lucrative business ideas. A business venture is a legal, organizational, economic, and financial unit feature created by entrepreneurs to enhance their business operations (Kose, 2020). This venture will be appropriate...

Difficulties of Partnership in the Contemporary World of Architecture

Nowadays corporate structures, such as companies, exclude sole practitioners and partners from the architectural market. We live in a highly competitive society, and old forms of unions are not as effective today, as they were before. Though the definition of a partnership sounds optimistic enough and tells that it “is...

Marketing Metrics of Tencent Plc

Introduction A management report plays an essential role in the promotion plan of an organization. For instance, it displays the primary marketing metrics applied in advertising the organization’s critical products. Besides, they create a visualization of the current marketing performance to assess its overall organizational potential. Through the selling metrics...

Diverse Teams Within an Organization

The significance of embracing diversity within an organization remains a contentious topic, with people holding dissenting views on whether it is a threat or a strength. Despite such a disconnect between proponents and opponents, corporations are gradually moving toward an overt acknowledgment of diverse teams within their structures (Danbold &...

Nomura Securities International: Case Study Analysis

The case under consideration represents a bright and almost “academic” example of a crucial lack of cross-cultural communications, motivation, and management skills in the company’s top leaders. Nomura Securities International (NSI) is Japan’s‘ giant,’ with a kind of superiority complex due to sound success in the past but not adapted...

Companies’ Reputation and Artificial Intelligence

Companies with reputations as good places to work have generated superior financial performance Reputation plays a vital role in the success of any business, both external and internal. As an organization, it must initially establish its purpose and values to define the nature of the inner workforce, gaining the status...

Strategic Planning and Forces That Impact the Industries Development

Differentiation Differentiation strategy is a set of actions that are structured by a company to deliver unique services and goods at an acceptable cost. The customers see as if something different has been done to guarantee satisfaction (Baker, 2001). According to Fred Smith, the founding director of the FedEx, the...

CPA at Family Games, Inc.: The Case Analysis

Brief Helen Strom is a controller and a CPA at Family Games, Inc., a private company. After talking to another CPA and the CFO of the company, Carl Land, Helen faces an ethical dilemma. Carl, representing the interests of the company’s CEO, is convincing Helen to manipulate reported results for...

Walt Disney Company: SWOT Analysis

Walt Disney is a globally recognized entertainment brand that most of the world’s population is familiar with since childhood, thanks to the outstanding cartoons the company has created. Meanwhile, in the business world, no player has a guarantee that its success will last forever, relying only on previous achievements. Strengths,...

Leadership Styles: Organizational Change and Quality Management

Leadership is defined as the act of organizing a group of people to achieve a common objective. It entails giving directions to other people mostly to the subordinates by authority and being accountable for the results obtained (Johnson and Hackman, 2003, p.38). Leadership in an organization is an important tool...

The Creditworthiness of the Ace Company

Trends in Accounts Receivable Notably, Ace’s accounts receivable hiked by $100,000 from 2018 to the year 2019. The increase exemplifies that more customers are paying their balances. The Organization’s sales on credit accounts are the primary factor behind the increasing trend of accounts receivables, reflecting the Company’s receivable turnover ratio....

Concepts of Mergers and Acquisitions

Introduction As the world gets smaller and new issues arise daily, no dimension of life is left behind. Globalization and trade liberalization has seen many practices that were hitherto unknown being adopted in the field of business. One is totally left mesmerized at the new developments that continue to gain...

Managing an Employee With Psychological Issues

Employees are the most precious assets any firm can have, given their contribution to the success of firms. Employees literally hold a firm in their hands because they run its day-to-day activities. In this regard, every firm should ensure that its employees are fully satisfied in order to get maximum...

Military Leadership Traits Migration into Business

Recently, society has been observing military people’s tendency to transition into entrepreneurs, and this phenomenon becomes increasingly popular annually. Evidently, military leadership skills and traits are applicable in the world of business today as they are in personal life. The hypothetical conclusion is that military personnel can succeed in the...

Business Idea for Eco-Delivery Service

Currently, global society experiences a significant rise in environmental concerns. Surveys demonstrate that up to 77% percent are concerned with the damage human activity deals to the Earth (Lampert, 2020). Many people in the US and abroad care about how the products they consume affect the environment during production and...

The Principles of the Code of Ethics for a Company

Code of Ethics Our business’s success depends on the confidence of our customers, partners, and employees in our credibility. Credibility in our case can be ensured by satisfying customer needs, treating all people with respect, and benefiting the community. We can achieve these goals only with our workers who strive...

Introducing TechHelp USB Flash Drives

Students in a College Computer Programming Class TechHelp USB flash drives are specially designed for fast transfers and easy compatibility with different operating systems like Linux and windows. The drive also supports compatibility with Macintosh and Intel machines enabling data to be transferred between computers with different system and hardware...

New Belgium Brewing: Case Study

New Belgium Brewing (NBB) made significant improvements in the development of sustainability as a major part of corporate social responsibility (CSR). However, there rumors that Belgium Beer wants to sell the company to willing buyers, which will potentially lead to the loss of independence and shift from its environmentally friendly...

“A Few Good Man” by Rob Reiner: Organizational Behavior

Organizational behavior is a theme that combines elements of sciences such as psychology and sociology. With this concept’s help, both the demeanor of individuals and the entire management system as a whole is described. In general, five types of organizational behavior are distinguished; however, regarding the film “A Few Good...

Tesla Inc.’s Stock Prices Analytics

Introduction For this week’s assignment, the stock prices of Tesla are reviewed using Yahoo’s Finance service. Tesla is a United States-based company that works in the industry of electric car manufacturing construction and is one of the companies owned by Elon Musk. Tesla is a great company, both because it...

The Role of Business Ethics in Recruiting New Employees Using Social Media

Social media platforms such as Facebook, LinkedIn, and Twitter have been actively used by organizations to promote new job opportunities and search for prospective employees on both part- and full-time basis. However, the logic of making recruitment decisions is often biased based on unreasonable judgement related to social profile of...