Organizational Stress Management: Why It Is Important

Stress is a frequent phenomenon, not only in life but also at work. The sheer number of cases and tasks, plans and reports, associated problems, and turmoil are a part of the array of stress factors that can affect employees, and it cannot help but be worrying. At the same...

Learning Coach Program: Implementation Plan

Introduction The Learning Coach Program consists of a training program that is critical for educating all the key players charged with promoting the success and sustainability of Bvlgari Hotels & Resorts. The initiative assists all employees in improving the skills required in the workplace, provides adequate resources, and provides continuous...

Conscious Capitalism: Marketing Plan Actions

The actions taken in regards to the marketing plan are based on the brand profitability derived from the financial performance. The brand profit for VALOR, Roli Royce 2, Yeeezy Peeezy, and Speedy Gee are $642505, $438153, $90863, and $164675 respectively. Therefore, the former one can be considered as the most...

Financial Incentive and Enhanced Customization

Introduction Customer relationships are vital to the productivity and performance of modern businesses. Companies must establish an association with their clientele to improve the aspects of loyalty and satisfaction. Various strategies can improve consumer relationships, but they have to be tailored to precise objectives. Every business has a unique organizational...

Ending Forced Labor and Enhancing Decent Work

International Labor Organization (ILO) is the most significant global institution championing workers’ welfare. Since its inception, ILO has been involved in the demand for social justice and the fight for improved living standards for the world’s working population. The different conferences held in Geneva, the organization’s headquarters, consistently reviewed the...

The DHL Company’s Environmental Audit

DHL is a universally known company that specializes in urgent international shipping of letters, parcels, and documents. As such, its environmental impact has the potential to be very damaging due to the organizational difficulties associated with long-distance high-speed transportation. Therefore, environmental audit of the DHL is one of the most...

Behaviorally Anchored Rating Scales for Workforce

Utilizing Bars in Careers or Skills BARS is a method for assessing workers in a given range of performance metrics by relating their actions to particular action patterns that anchor each performance level. It is a common technique used by companies to compare the output of their personnel against a...

The Project Manager Position Analysis

Job Description The Smartec Enterprise is engaged in cargo transportation in cities, regions, and around the world. The company is looking for a responsible person ready to perform a large amount of work and rapid career growth to the Project Manager position. Alexander (2019) states that project managers play the...

Caterpillar Inc.: Strategic Management Research Paper

Introduction Every organization faces competition from its rival; however, ways to increase competitive advantage have been analyzed in different sectors. Caterpillar is one of the organizations that have been in the construction market for decades. The company has various goals that have enabled it to become more competitive. Moreover, approaches...

Lego Group’s Analysis in the Toy Industry

Five Forces Analysis of the Toy Industry Threat of New Entrants The toy industry has a relatively low risk of the appearance of new players for several reasons. First, a common outlook is that toys gradually seize to be the primary entertainment products because of the advance of videogames and...

Ineffective Leadership in Business

Introduction Ineffective leadership transpires when the management in a certain firm fails to execute the company’s vision by losing focus on the culture and tone that is set for a particular business. In business, leadership is necessary to organize members and plan for the metrics required for entrepreneurship. The corporate...

Strategic Information Management: 99 Cents Only Store

Introduction Strategic information management is defined in the broad contexts as handling of information in an organization to provide value, maintain competitive advantage, and streamline core functions. Information management has become synonymous with strategic management especially in the current global village. Prosperous organizations capitalize on total quality management in all...

Social Justice in Britain’s Workforce

Although racism has been outlawed as a social vice, nonetheless, racial discrimination is still one of the major ethical dilemmas in the modern workplace. Workers from perceived minority and “inferior” races are repeatedly subjected to unfair treatment. Employers in Britain still discriminate against employees along racial lines. Britain is a...

CEO Longevity in Companies: CEO Replacements

CEO replacements are somewhat frequent when viewed across the entire industry. Leblanc (2020) finds 54 succession cases in the S&P 500 during 2017, over 10%. With that said, some companies tend to replace their CEOs relatively frequently while others have the same person in the position for decades. The reason...

Heidi Roizen’s Career, Work Principles and Habits

How have the various stages of Roizen’s career leveraged assets and competences acquired on previous stages Heidi Roizen managed to make use of her past experience and networks at each of the following stages of her professional path. Her first job was at Tandem, a technology company in the Silicon...

Learning Organizational Processes in Business

Addressing mechanisms that stimulate the learning of business processes plays a significant role in maintaining the sustainable operation of companies of different profiles. The promotion of individual and organizational practices that stimulate the improvement of employees’ professional competencies is an indicator of qualified management work and interest in achieving the...

Engine Producer’s Business Opportunities

Automotive Manufacturing Industry The problem the company is facing is the lack of growth due to the limited sources of income. In order to ascertain other business opportunities, it is important to analyze motor demand as qualitative data and motor sales as quantitative. The company operates within the U.S. automotive...

Vipshop Holdings Limited: Merger and Acquisition

Vipshop Holdings Limited is a Chinese online retailing company specialized in selling popular brands’ clothes, goods, and apparel. Established in 2008 by Eric Ya Shen, it operates via the vip.com website and has the headquarters in Guangzhou, China (WSJ Markets, 2020). Vipshop is the largest online store based on providing...

Forces for Good: Waikiki Business Improvement District Association

Introduction Any nonprofit organization’s work is motivated by the necessity to serve the public to make a positive social change. The needs of communities are met through nonprofits’ organized work through cooperation with multiple stakeholders, engage in volunteer work, initiate fundraising campaigns, and plan programs within their financial opportunities to...

Transformational Versus Servant Leadership

When it comes to managing organization dynamics and promoting change, a leadership model plays a significant role. It is so because the ways how managers approach stakeholders to be served influence the performance of the latter. It means that leaders should do their best to choose the most suitable behavior...

A New Business’s Challenge and Marketing Plan

The enhancement in technology has presented new opportunities in the mobile phone and communication industry. The (name of Company) wishes to enter the global built environment as a key player in the industry. In particular, building and construction are one of the most developed industries in the world, which contribute...

Structural Humiliation: The Term Definition

Humiliation can be exercised through wide range of possible acts, such as denigration of a child by a teacher in the presence of other students or mild forms of humiliation, for instance, speaking for those who can speak for themselves (Sayer, 2005, p. 161). The same author mentions a special...

MGM Resorts International’s Business Strategy

MGM Resorts International is a holding company that owns and operates casino resorts. It offers gaming, hotels, conference rooms, restaurants, entertainment venues, shops, and other resort amenities. The company is widely represented in Las Vegas but also develops in Atlantic City, Mississippi, Maryland, Detroit, and other gambling zones in the...

Economics of Organization and Strategy in Hotel Business in Jacksonville

Summary Once the hospitality business becomes successful, the next step is to grow further. The expansion of a company involves both benefits and risks for the business owner, emphasizing the need for choosing and implementing the right growth strategy. The diversification of services can improve brand recognition and expand the...

Yolk-ay and Expansion of the Menu of the Restaurant

Yolk-ay is a restaurant chain in the United Arab Emirates, which specialization implies the dished based on unpopular, but delicious and unique Indian recipes. During the previous years, the development of the company was focused on its geographical expansion (Case study: Expand the menu?, 2016). At the moment, the business...

Standardization in Multinational Enterprises

Multinational enterprises have to cope with some issues, associated with corporate culture, which alters its approach to establishing standards within a company. In addition, local specialties, such as specific environment and cultural features, have a considerable impact on the operation of a company and, therefore, on the administration, which is...

“Future Proof Your Talent Mobility Strategy #1”: Article Analysis

Summary and Analysis of the Context The context of the article is about internal talent mobility and accompanying benefits. The traditional talent management method is failing, forcing managers to think about talent strategy for progression (Averbook, 2021). A talent market place is an ethical, artificial intelligence-powered platform. Talent market place...

Diversification Decision Overview

When considering both the positive and negative aspects of the automotive industry, a diversification decision has been made to expand the business to cover increased motorcycle production and marketing to end consumers. The decision to diversify was made because, in the second wave of the COVID-19 pandemic, consumers have shown...

Strawberry Business: Software Project Management

Multiple tools are available and essential to use when making business management decisions. With the advancement of informational technologies, more and more industries and businesses benefit from using software for analysis and better-informed decision-making. The strawberry industry in general and the Labedo Berries company, in particular, also use business management...

Taking Vacation: Decision-Making Process

I have a part-time job where at least two weeks of a winter vacation is provided, however, my employer would not pay for them. Moreover, the shifts that would be replaced with my resting period mean lower salary for the next month. Considering these crucial factors, I had to decide...

Intrapreneurship and the Corporate Startup

Introduction Intrapreneurship within an organization allows employees to behave in the same manner as entrepreneurs. The intrapreneurs possess leadership skills; they are proactive, self-motivated, action-oriented, creative, and innovative. As a result, they can integrate what they have learned in their work environment to establish their businesses, thus playing a pivotal...

Supreme Sports 2 Implementation Plan

Introduction The plan outlined here is to improve Supreme Sports’ productivity (SS2) to realize more revenue and profits in their business. There are short-term and long-term goals, running from months to more than three years respectively. Long-term plans include activities that will last for years, while short-term plans involve events...

The Marshmallow Challenge as a Model of Teamwork

Introduction There exist numerous techniques in the modern world aiming at understanding and enhancing teamwork mechanisms. The Marshmallow Challenge, where the participants are asked to build a tall tower using several materials, is one of the most outstanding examples. Its efficacity is proved in all age groups, and sometimes the...

Management and Leadership

Introduction Management is the act of having all activities done well and at the right time by other people. Management involves organizing, analyzing, planning, and budgeting for the activities to be carried out to effectively achieve the set goals. While leadership is the process of motivating others or influencing others...

The Problems of Petrobras: Corruptive Schemes

The major oil company based on Petrobras included influential corruptive schemes investigated in 2014 by federal police in Brazil. These problems included enormous kickbacks in contract payments to the corporation’s executives that have been put to jail due to the turmoil in the country. Furthermore, the Brazilian wealthiest people were...

Limited Liability Firms, Partnerships, and Corporations

On planning a business one of the first important decisions any promoter has to take is about the structure of the business. Commonly available business structures are sole proprietorship, partnerships, limited liability corporations, and a corporation. In this write, a comparative study of the structures of the corporation, limited liability...

The Australian Biscuit Market Analysis

The Market The Australian biscuit market is facing rapid growth due to the changes in preference for snacks. Relevant sources have projected the consumer market of the Australian biscuits to rise to an average of $4 billion by the year 2025. The market recorded a 2.2% growth rate from 2010...

Martha Stewart Living Omnimedia and Strategic Alliance

The Martha Stewart Living Omnimedia is a media company that works in a variety of business segments, including the internet, media platforms, merchandising, and publishing. The company primarily focuses on selling and advertising homemaking products, how-to content, and similar products for the average population (“2021 media kit”, 2021). The idea...

Conflict Management as an Essential Skill

Various conflicts entail serious consequences, as they damage the bonds between people. Moreover, they may also be the cause of serious stress and mental pressure. Bullying is one of the most common forms of workplace and peer conflicts. Such situations lead to immense stress and even cause the symptoms of...

Oracle-Sun Merger: Mergers and Acquisitions

Changing conditions of business environment normally result in various measures from corporations. While some aim at responding directly to immediate changes, most of the responses normally focus on mitigating possible crises following adverse effects of the dynamic market conditions. Mergers and acquisitions usually characterize business expansions and strategies aimed at...

Performance-Driven Team and Its Characteristics

Summary Teamwork encompasses the combined assimilation of persons with different skills who work collectively towards achieving a mutual objective. These individuals have to be in alignment to be effective and productive. The group has to put their effort together to realize their goal successfully. Consequently, a performance-driven team has a...

Discrimination Against Women at the Workplace

Modern consumers require businesses to not only deliver excellent quality of their services but also to embrace social accountability, especially in terms of providing employees with equal opportunities. Nevertheless, every month, news emerges on how high-ranking managers at multinational companies mistreat their workers or generally demonstrate inappropriate behavior engaging in...

Emirati Women and Barriers to E-Commerce in the UAE

Abstract Women form a very important part of Emirati society. The days when women were expected to sit and wait to be provided with basic needs by their husbands are long gone. Currently, women have asserted their authority in various sectors of the economy. They are part of the driving...

Discussion of Jesus as a Servant Leader

Servant leadership is a philosophy of leaders within which they are to serve their followers. Within such a framework, the norm of interactions between leaders and followers is inverted: instead of the surrounding people serving the leader, the latter exists to serve them. Therefore, the servant-leader is instead a servant...

The Power of Trust in Effective Communication

Communication and trust are complementary components of a relationship that need equal attention. Consequently, the two elements play a crucial role in achieving organizational goals and objectives. For instance, managers and leaders cannot inspire change among followers without proper communication skills or motivate them towards specific company targets in the...

Group Development: Working in a Team

Every person in the world has been a member of a group at some point in their lives. It could have been at school, at work, or at other social events and issues. Teams are bound to have people with conflicting personalities and talents, which can potentially lead to conflict...

Organizational Environment, Social Environment Affects on Organizations

Charter schools are institutions developed and managed by parents, teachers, society, or education organizations. According to Renzulli (2005), the primary motivation behind the emergence of such schools is autonomy. Most members who started the charter schools aimed at providing different curriculum and services from those offered in traditional schools. However,...

Whole Foods: An Organizational Needs Analysis

Whole Foods is a large international supermarket chain which offers healthy, natural, and organic products. The organization’s mission is to extend its role from sustaining people to feeding the planet (Whole Foods UK). Thus, the individual stores often support local area programs on ecological causes. Employees regularly clean local areas...

Organizational Culture and Its Impact on the Development of the Company

The organization I work for is a state-funded organization that produces films and TV series for release. It is difficult to calculate the exact number of employees since there are many departments and branches in this organization. There are departments responsible for the legal aspect of the projects; there is...

Professional Services: Digital Art

Accounting expertise My need for using the professional in the field of accounting is caused by the lack of knowledge regarding insurance and budgeting, particularly in matters of managing cash flows and keeping financial records. According to Henricks (n.d.), “highly technical matters of law, accounting, management, and marketing are usually...

Managing Organizational Behavior: Group Decision-Making

Group decision-making can improve the quality of decisions, provide a variety of perspectives, and assist in developing the skills of the members. Based on the recent meetings I attended, I will describe four problems related to group decision-making. Firstly, I might conclude that I rarely hear the opinions and proposals...

The Cheesecake Factory’s Reasons for Success

The Cheesecake Factory, an international chain of bakeries for the whole family, has been a successful business in its industry for several decades. The company owes its success to competent management and talented personnel. This presentation explains what organizational qualities and metrics help keep the company competitive in the global...

Foresight, Insight, and Cross-Sight: Tesla’s Strategy

Nowadays, managers often misinterpret the true meaning of strategy. They define it as an instrument of identifying and targeting appealing markets to then find the most effective methods of maintaining lucrative positions of an advantage there. Unfortunately, protecting market positions cannot ensure the profitability and growth of an enterprise. Todd...

A Leader Going on a Business Trip to China

Introduction The current memo aims at providing feedback to Judith on the scenario and Judith’s performance. Firstly, the cultural mistakes Judith made during the meeting will be summarized. Secondly, the cultural dimension differences between individualism and collectivism evident during the visit will be explained. Thirdly, the degree to which Americans...

Stress Management in the Work Environment

Business responsibility cannot extend only to providing high commercial value. On the contrary, high business performance can be achieved by expanding employer social responsibility. This includes increasing corporate protection against stress. In general, stress has a severe negative effect on the mental and physical health of employees, and it is...

Operations Management Trends and Future

Operations management has evolved and changed over the years, affecting areas such as manufacturing and service. The process of globalization of the market, the emergence of new information technologies, as well as the growth of the movement for preserving the environment, have influenced modern trends. Moreover, in the 21st century,...

Business Strategies for Candy Ma

The case is an outstanding illustration of how a business focused on education suffered from the effects of the COVID-19 pandemic. It is evident that the post-COVID-19 period will no longer resemble the pre-COVID-19 era due to the overall magnitude of the virus’s impact. The “New Normal” will most likely...

Workplace Distractions and Their Elimination Strategies

Distractions At the workplace, employees or customers can be distracted for various reasons. Indeed, within a customer setting, there are several disturbances for instance, chatty co-workers or gossipers are the first forms of distraction (Tiutiunnikov, 2018). These are the colleagues who leave their working section and move to their fellow...

Leadership Theories: The Best Leadership Style

Introduction For this paper, I have been asked to assume the supervisor’s position as a clerical support assistant for an organization’s Marketing Department. To fulfill the responsibilities of this role in the best possible manner, it is essential to analyze several leadership theories and decide which leadership style is the...

Ethical Training in Business Schools

Introduction Each new day brings a unique set of tough choices to make. While for most people these decisions do not produce a large impact, business leaders are able to influence entire populations with their choices. Therefore, it is vital that a leader makes ethically correct decisions. Despite this importance,...

Risk Management and the Role of Managed Care

Healthcare organization administrators play a prominent role in identifying, and executing risks about patient healthcare policies and ensuring managed care organization (MCO) standards compliance. A healthcare setting is a critical area that requires proactive and reactive approaches to safeguard or minimize uncertain event damages, including injury to patients, workers, and...

What If Employees Do Not Work in an Organization

Organizations depend on people completing tasks and working daily to help achieve the objectives, either business goals or social targets. However, in some cases, employees do not want to work or avoid their responsibilities. This worker behavior can have a negative effect on organizations because tasks remain uncompleted, and other...

Recruitment and Selection. Empowering Entrepreneurial Capacity

The corporate environment of the 21st century is highly changeable, as conditioned by rapid technological progress and intense globalization. In order to tackle considerable challenges faced by organizations, the entire structure should perform on par with the task. At the same time, the vital nature of human resources for contemporary...

A New Online Tailor Shop’s Marketing Plan

Introduction The digital business gained popularity due to its convenience and availability. For example, in 2017, approximately 40% of Internet users shopped online more than once (Ijaz & Rhee, 2018). The COVID-19 pandemic and the lockdown forced the global population to transition to an online mode, increasing consumers’ preference for...

Black Lives Matter Movement and Social Marketing Strategy

Introduction Business organizations operate in complex environments characterized by unique forces, such as changing consumer expectations, political forces, legal requirements, and social norms. Within the past year, many companies have appreciated the fact that the concept of equality will redefine models in unprecedented ways. In the United Kingdom and the...

Management Buyout Exit Strategy

Just as business strategic models, such as the integration of network-based and razor-blade business models, are important to a new enterprise so is an exit strategy from the market. Successful entrepreneurs develop exit strategies well before going into the market because the choice of an exit strategy determines the development...

Group Management: Assessment of Team Basics Scale

There are multiple aspects of team performance to understand the strengths and weaknesses of group work. First, the team should choose the optimal size to operate (Andersson et al., 2017). The evaluation of the size (20) got quite fewer points than the threshold of the high index. Despite the assigned...

GoPro Firm’s Logistics Affected by COVID-19

Executive Summary GoPro is an American technology firm that manufactures action cameras and develops its video-editing software and mobile apps. Nick Woodman founded GoPro in 2002, and it is geared toward assisting people in capturing live images. From the beginning of 2020, the logistics for many companies have been affected...

Soft Touch Company’s Marketing Plan

Situation Analysis Soft Touch Company has been an operational company since its conception and launch in 2017. Its conception arises after the founder noted gray hair on her head as soon, as she turned 30 years old. By then, no shampoo would clean and dye gray hair. The discovery of...

Successful Management and Organizational Goals

Introduction Every leading enterprise is deliberately led by a particular approach, role, or style, ensuring the successful management of the company. Managers are responsible for addressing complex organizational issues daily and, therefore, must keep the business on track to achieve the target outcomes. Mintzberg defined the variety of roles that...

Apple, Inc. As an Electronic Companies

Introduction Apple is a multinational technology firm specializing in the design, production, and sale of consumer electronics, including smartphones, personal computers, and accessories. The American company is headquartered in Cupertino, California, and has been in operation since its 1st April 1976 founding (Levy, n.d.). In 2018, the company broke the...

Preventing Workplace Stress: Effective Methods

According to Anthony-McMann, Ellinger, Astakhova, and Halbesleben (2017), in an era of economic instability and high competition in business, “many factors increase mental stress in the workplace” (p. 166). HR specialists have long complained that stress during work is one of the main reasons for staff turnover. Constant feelings of...

The Hydraloop Water Recycler’s International Marketing

Hydraloop H600 water recycler is a water recycling system created by Hydraloop Systems and produced by Technologies Added factory. Hydraloop originated from Leeuwarden, the Netherlands. The price of the recycler starts from €3300 ($4026), excluding the shipping, preparatory work, installation, and value-added tax (Hydraloop, n.d.). The product addresses the problem...

Risk Management in Supply Chain Processes

Introduction Supply chain risk management relates to the procedure through which organizations employ strategic steps to discern, evaluate, and mitigate threats within their end-to-end supply chain. Two primary risks could disrupt one’s supply chain; including external and internal risks (Prakash et al., 2017; Son, 2018). Threats in the supply chain...

Toyota Motor North America. Executing Global Strategy

It is important to note that although the given analysis and summary will primarily focus on Toyota Motor’s North American division, the latter is heavily influenced by Toyota Japan. In the case of the corporate culture, the company harnesses loyalty and hard work, where the employees are put in a...

Methodist Hospital Texas Risk Management Programs

The interviewee – J. J. RN – focused on three main risk management strategies: employee education, corporate culture, and technology usage. Regarding employee education, Methodist Hospital Texas organizes constant training for all levels of the staff. The organization positions itself as an educational destination for professionals and has a global...

Rule-Based Expert Systems

A rule-based expert system is a system that is characterized by a knowledge base with the domain knowledge fed or represented in terms of rules. A rule-based system is ideally a representation of the deep knowledge of human beings. It is very complex and is comprised of different explanation facilities,...

Role of Leadership Style in Organizational Change

The urge for a consumer-driven economy has recently been rising as many companies striving to achieve it. Due to globalization and increased competition rates, the market has transformed rapidly, and most organizations have continuously altered their operations to adapt. Subsequently, change management has become an essential aspect of firms today....

Researching of Marketing Strategies

Summary Incorporating appropriate product life cycle (PLC) strategies in the marketing plan of a brand are critical for its success. The demand for such products is increasingly high as compared to the commercialization of goods with little emphasis on tactful advertising techniques. As such, this paper explains the role of...

Leadership Types in Theory and Practice

Rachel Adams, the president of the Independent Center for Clinical Research (ICCR), exhibits some transformational leadership traits. Rachel is a liberal thinker and also a positive person who relishes in nuances of life, in addition to being a risk-taker (Northouse, 2016). Moreover, Rachel inspires many women in ICCR, and they...

Decision-Making Styles: Analysis of Plant Fantasies

Keeping a company sustainable in a competitive setting, especially in a niche market setting, requires consistency in decision-making and a clear understanding of the key external (particularly, market-related) and internal (employee- and production-oriented) factors. At Plant Fantasies, Inc., Teresa clearly prefers the Intuitive approach to decision-making since she manifests significant...

FDP Company’s Income Varying with Production Level

FDP Company has been performing below the analysts’ earnings expectation, and the management must either increase production or reduce the prices of items, which would improve sales. Although the latter might raise the firm’s revenue, it may lower its income, therefore, using the former approach would be the most appropriate...

Aspects of Marketing Self-Efficacy

Business-to-business markets involve a relatively small number of buyers and sellers. There are four main types. Producers purchase goods to make them into other products. Resellers sell goods and services of other businesses. Governments purchase goods to provide services to the people. Finally, institutions use the goods in the same...

Intrapreneurship: Control on the Company’s Goals

Intrapreneurship is a system that gives employees of an organization control over their work, goals, objectives based on the company’s goals. Intrapreneurs are self-motivated with an entrepreneurship mentality, although they are not directly affected by their losses and profits. Firms allow employees to act independently to achieve a project’s tasks...

Workforce Diversity in the Modern Globalized World

Introduction In recent years, diversity in the workplace has become a considerable aspect in multiple business spheres and in the departments of human resources in particular. In defiance of all expectations, the attitude of various companies to the significance of a diverse workforce is substantively controversial. Some managers may regard...

Automatic Coffee Machines: Competitive Analysis

Literature Review The academic study of marketing conceptual frameworks is not limited to theoretical research but includes practical implementation of what a student learns. Hence, it is useful to conduct one our own research aimed at using current skills. For this reason, the central idea of this paper is to...

Boeing Company: Interesting Facts About Boeing Company

Brief History and Background Boeing Company is one of the giant aerospace firms operating globally and a prominent manufacturer of defense systems, commercial jetliners, security and space systems, and service providers of aftermarket support. Being the biggest manufacturing exporter in the United States, Boeing Company supports airline customers in over...

The Insurance Industry in Saudi Arabia

Introduction The insurance system is an important sector and it plays an integral role in the economic growth of a country. This system guarantees the social security of the population and leads to notable and positive effects on economic growth by directly enhancing the financial system of the country. In...

The ABC Nonprofit Financial Statement Analysis

For a nonprofit organization to maintain its financial sustainability and achieve strategic goals in an efficient manner, specific accounting measures need to be undertaken to ensure the financial health of a nonprofit. Since most nonprofits, including ABC, arrange their performance in a manner that serves community needs and primarily depends...

Effective and Ineffective Managers in Personal Experience

Every organization seeks to have managers who can drive the organization towards the achievement of its objectives. They want managers who can successfully plan, organize, lead, and control the organization’s operations (Gitman et al., 2018). I have encountered a manager whom I consider an effective manager because of the way...

FASB and IFRS Standards Setting for 2021

Introduction FASB and IFRS are institutions that formulate financial reporting standards and frameworks. The FASB is recognized by many other similar US bodies and is the primary regulator that creates and annually optimizes financial reporting standards for US companies. IFRS is an international regulatory body that develops and updates reporting...

Managerial Accounting: Tools for Business Decision-Making

Absorption, variable, and throughput costing are three approaches to assigning costs to report income statements in managerial accounting. These approaches differ in the ways they treat products and cost periods. For example, external reporting is usually based on absorption costing to prepare financial statements, which implies accumulating all the costs...

Successful Entrepreneurship: Main Components

Organizational Skill Organizational skills are among the main components of the psychological culture of a person. This concept defines a person’s ability to properly allocate their time for work, study, rest and other activities. How well a person has organized this distribution largely depends on his or her success in...

Edward Norton’s CrowdRise Fundraising Company

For this discussion, it was chosen to focus on Edward Norton’s for-profit crowdfunding platform CrowdRise. Norton is a US actor and filmmaker who decided to take part in fundraising for individuals and organizations for both charitable and personal causes (Cressman, n.d.). The business implements gamification as a system of rewards...

Toyota, Tide, and Pepsi Firms’ Social Media Marketing

Modern society has significantly increased its level of development of information culture. At this stage, an essential part of this culture – social media – has a severe influence. In marketing, it provided brands with a new path to reach and communicate with an audience. However, social media did not...

Beleza Natural: Strategic Direction for Long-Term Success

In combination with opening new institutes, the best strategic long-term approach for Beleza Natural would be to offer a broader range of services such as the different types of styling on various types of hair as well as potentially offering some service offerings to men. Expanding service offerings is a...

Strategic Leadership Failure Scenario

Introduction Strategic leadership can be considered a type of skill set that allows managers of any level to guide their organization while acknowledging both long- and short-term goals. It is also a practice in which people in executive positions continuously develop a vision that ensures the firm’s superiority over competitors....

Conflict Between Supervisor and Employee: Case Analysis

The main problem in this case study is the misunderstanding between the immediate supervisor Corey and employee Stacy. The staff member claims that his supervisor is extremely unapproachable, arrogant, and unsupportive. He does not provide Stacy with enough details about the tasks that should be completed, which leads to him...

Innovative Strategies in the Automotive Industry

The rapid pace of technological and social change has made innovation a matter of vital importance for today’s companies. Overcoming new challenges and making the best use of opportunities necessitates developing innovative strategies which involve the modification or creation of new value propositions. The displacement of once-undisputed home video industry...

Primary Risks That Affect the Credibility and Relevance of the Obtained Data

Introduction Designing a plan for the process of data analysis is of the same significance as the process of data collection itself. It is vital to divide it into distinct phases by determining the objectives of each stage so that the process is flawless and the goals of the change...

Beefsteak Firm Reinforcing Culture Through Human Capital Development

Current Company Culture Beefsteak is an authentic company that believes that vegetables are not as boring as many people think. They are beautiful, fresh, and nutritious. At the moment, the company culture lacks organizational responsibility and unity which is caused by the fact that there are many individuals working on...

Management Principles for Business Expansion

Abstract Currently, international management at MH Company consists of one person. But for a business expansion – a team from the host countries is required, and this move will also call for a team expansion at-home – management and coordination of the global business network. Specific management principles and practices...

Walmart Enhanced Competitiveness Project Plan

Description Based on initial research and the balanced scorecard, it is apparent that Walmart has an opportunity to expand its competitive advantage and achieve higher performance through enhancing the corporation’s brand, employee satisfaction and offering discounts to the customers. Project Objectives To enhance Walmart’s performance, reputation, and income Operational Step...

Coca-Cola Inc. Applying Factor Mix’s Principles

The learning activity identifies marginal decision rule as a vital determinant of a firm’s factor mix. Should the marginal gain of an additional business unit surpass its cost, the operation’s sum should be increased. If the profit is below the cost, the sum should be decreased. Net gains are maximized...

Twitter’s Privacy Policy, Collection of the Guidelines

Twitter’s Privacy Policy is a collection of the guidelines that govern the collection, storage, and use of users’ personal information. When a person agrees to the terms of use while joining the service, they give the company their consent to collect and use that information. This also includes its transfer...

Electric Cars and Trade Paradigm

Global businesses and working environments are complex and require an in-depth assessment of issues for proper management. One such international business is manufacturing electric vehicles (EVs) that are likely to disrupt the original market structure. The commitment to the Paris emission agreement has pushed and will continue driving the growth...

Gore’s Flat Structure Works Well

It should primarily be mentioned that it is surprising that an organization without any structure or hierarchy can achieve the described amazing results. This is primarily because, usually, in order to attain goals and improve performance, there has to be a system that operates and drives the organization in a...

Organizational Management: Cultural Diversity Management

Purpose of planning Business plans and the information they contain are meant for an organization’s management and investors. Good business plans help in pulling the management team in an organization into a cohesive unit with the same goals. It helps stakeholders in the organization to understand the organization’s objectives, their...

Risk Management Program Analysis

I defined risk management in the previous assignment as identifying, analyzing, and responding to risk factors that arise over the course of a company’s operations. A critical part of the assignment involved developing a brief risk management program that our health organization would adopt to help inform its risk management...

Amazon Organization’s Management and Culture

Amazon is a transnational company widely used globally that deals with e-commerce, computer clouding, and artificial intelligence. It is ranked among the leading companies in the United States due to its growing economic influence. The company is based in Washington and was founded by Jeff Benzos in 1994 (Furgang, 2018)....

Absolut Vodka Brand and Advertising Agency

The cooperation with an advertising agency for Absolut Vodka is not as beneficial as the work with cultural insiders. It is explained by the global nature of the company’s activities and the need to find a unique perspective to promote their products in different places. From this point of view,...

Amazon 2016 Annual Report Assessment

Amazon’s 2016 Annual Report for its shareholders allows evaluating the company’s strategic management over roughly two decades. While this period saw it turning into one of the world’s largest companies with colossal market capitalization, it does not necessarily mean that all strategic decisions made in the late 1990s were correct....

Marketing and Use of Emerging Technologies

Internet of Things (IoT) is a growing phenomenon in the online space where technologies are connected to the Internet, providing immense opportunities for businesses. IoT refers to the idea that gadgets can access, store, analyze, and share data as long as they are connected over a network. The concept is...

Food and Beverage Plan: The COVID-19 Pandemic Influence

Globally, the COVID-19 pandemic has affected many social spheres and made adjustments to the way people live. One of the sectors that have felt the impact of the pandemic acutely is the food and beverage industry. Both in Canada and elsewhere, catering has become limited due to social distancing and...

High Trim or Low Trim?: Case Study

So, you are in the market to purchase a vehicle, trying to decide on what to get. You narrow it down between two ruby red mustangs, both with low mileage, but you do not understand why one mustang is 5,000 dollars more than the other. That is because one is...

Some of the Common Pitfalls in the Mediation Process

Failing to Prepare Appropriately For the mediation procedure to be highly successful, the concerned parties must be adequately prepared. Many arbitration processes do not succeed because either the claimants or respondents fail to prepare well, and so, do not understand their case fully. People should also know their opponents’ cases...

Importance of Process Strategy

Introduction Process refers to the procedures undertaken to ensure a product or service meets the end user needs. It is mainly concerned with planning, developing, implementing, documenting, and reviewing the system procedure. This is meant to make sure that the product is availed at the right place and time, as...

Amazon.com’s Sustainable Competitive Advantage

Product Excellence – Apple Inc. Apple Inc. is a perfect example of a company whose success lies in its focus on product excellence. It is the company that creates new trends instead of following them and generates its primary value from innovations. Apple devices and services are not cheap, yet...

Creating a New Business within Reverse Logistic Industry

Defining the Business: Jeffrey and Sons Warehousing Business Logistic management: refers to the strategic process of managing the procurement, movement, and storage of products through the business and its supply marketing chains to increase profitability and ensure orders are fulfilled cost-effectively. Procurement management: is a strategic method used by a...

Business Model and Its Impact on a Company

Case studies are an indispensable part of exploratory research. Before setting out on a new business strategy, people in decision-making positions need to collect enough data that would inform their actions. Case studies describe both successful and unsuccessful attempts of making something more or less similar to what one intends...

The Business Process: Description of Outsourcing

Business process reengineering involves redesigning the business processes and the process is also called business process change management. It also involves the analysis and design of workflows and processes in a firm and it cannot be studied without defining the term business process. A business process is a set of...

The Value of Advertising and Branding

Introduction Marketing, advertising, branding and marketing directors play a significant role in a business. These departments influence a business’ image to the public, accessibility of its products, brand image, customer loyalty, sales volumes and the products’ strength against competition. Depending with the size of a business and its budget, these...

Balanced Scorecard in Service and Production Organizations

Introduction The success of organisations that operate in today’s highly competitive environment requires the deployment of strategic management concepts. Such concepts yield success when there exists of a means of measuring performance so that an organisation can set certain performance perimeters to achieve the desired future goals. Before the development...

Airworthiness Amidst the COVID-19 Crisis

Introduction The COVID-19 outbreak has brought the entire world to a standstill in a matter of mere months. The new virus has had a profoundly negative effect on many major economic sectors. The air travel industry felt the ramifications of the looming pandemic even before the World Health Organization (WHO)...

Restaurant Business During COVID-19

COVID-19 pushes companies to quickly change approaches to work and puts the stability of various systems to a severe test. Businesses have to deal with the risks of disruption of continuity, sudden quantitative changes, real-time decision-making, productivity indicators, and security threats. Managers must act very quickly, addressing the immediate challenges...

Multi-Level Marketing: Amway Service Corporation

Multi-level marketing (MLM), also known as network marketing or pyramid selling refers, to a marketing method for retailing various products or services where the revenue of the company is obtained from non-salaried team members. The workforce is responsible for selling the firm’s products or services while the income for the...

Badmouthing Employers’ Obligations and Rights

A relationship between employers and employees can be a complex one because these individuals often have various priorities. While subordinates want to maximize their employment rights and freedoms, executives emphasize the employees’ duties and obligations. This situation results in disputes regarding whether subordinates may publicly criticize employers. Thus, some ethical...

Diversity and Discrimination in Restaurant Industry

Introduction This paper addresses how diversity is important for an organization and how companies can reduce allegations of discrimination at the workplace. Diversity as a Good Business Practice Diversity at work is a mix of the population from across cultures, religions, sects, disabilities, and gender. Having a diverse workforce is...

Effective Customer Care

No matter how good of an idea a business is, learning how to attract and maintain clients is solely based on how good the customer service is implemented. I have been a loyal customer of my coffee vendor in the neighborhood for years now. The one thing that gets me...

Profit and Loss Internal Controls

Among the core goals of every organization is to make a profit. Making profit enables an organization to remain in business and be able to transact its operations. Where there are losses, there is a risk of falling out of business and losing its relevance. This is because it runs...

What You Need to Know About Quality Control by Ford

The article under review is “What you need to know about quality control,” written by Mike Ford, on 3 October 2019. The author explains what quality control is and what issues it might involve. Ford also considers the ways to understand whether there is a quality control issue in the...

Succession Plan for Business: Why Is It Important?

Succession Plan Every entrepreneur wishes to succeed in a business and they work hard after investing their capital. However, starting a business and thriving in it isis one of the major challenges that people face. Many start a business but within a short period, they are not able to proceed...

Analysis of Carnival Corporation

Introduction Carnival Corporation is among the world’s largest cruise ship operators with cruise lines in North America, Europe, Asia, and Australia. The corporation operates under three major brands, which include Princess Cruises, Seabourn, and Cunard. The company is owned by several shareholders, including individuals and institutions with different stakes and...

Performance Management and Appraisal Systems

Performance management is an essential process of communication in any organization. The constant communication between a supervisor and the employees is a way of achieving its strategic objectives. Human Resource faculty plays a major role in the performance management process by designing and implementing performance appraisals. It is upon the...

“Good to Great – Why Some Companies Make the Leap and Others Don’t” by Jim Collins

Introduction In the book Good to great: Why some companies make the leap… and others don’t, the author Jim Collins critically analyses the factors that help establishments make the transition from average business institutions to profitability giants. Collins analysed the total stock returns of business enterprises listed in the Fortune...

“Entrepreneur” Magazine: The Latest Issue

The latest issue of “Entrepreneur,” the world-renowned business trends magazine, discusses the emerging changes and news of 2021. One of the topics is the opening of Drew Barrymore’s brand in the face of the COVID-19 pandemic. The actress tells the public about the peculiarities of entrepreneurial work in conditions of...

Young Workers: Experience and Perspective

In December 2016, the Board of Governors of the Federal Reserve System published an article on young workers’ experience and perspectives on the modern labor market. This article was primarily based on the 2015 Survey of young workers conducted by the Federal Reserve. It draws a general portrait of young...

Real Options. Corporate Finance

Real options refer to the right of the company to perform a certain activity or action at predetermined costs for a specific period. However, It is not an obligation that the company must perform that particular task. With real options, companies can minimize risks associated with new ventures. They can...

Human Resource Management at Vigo County Tax and Municipal Services Office

Human resource management (HRM) centers around effective ways of organizing employees and can provide a crucial competitive edge. It is meant to enhance the overall performance of all employees by distinguishing their duties, establishing hierarchies, and promoting communication between various workers who occupy different positions. Proper management creates the atmosphere...

T-Account: Linda’s Transactions

A T-account is an informal term for a financial records’ set that contemplates the International Accounting Standards (IAS) double-entry bookkeeping rule. A T-account is also referred to as the ledger accounts. It describes the bookkeeping entries’ appearances by displaying them on a large letter T drawn on a page. The...

Leadership Theories in Business & Daily Practice

Theory Name Summary Definition Practice Example Application of Gardner’s Tasks Trait Theories The personality traits theory reflects the characteristics of people’s patterns such as feelings, behaviors, and thoughts. It also articulates that certain natural qualities tend to nurture good leaders (Scheffer & Heckhausen, 2018). If individuals are talkative in their...

Creating a Job Description as a Function of a Manager

Introduction Hiring highly qualified personnel is a challenging task for present-day companies. It is usually addressed through the involvement of the human resource (HR) management, and their participation implies the development of appropriate job descriptions reflecting business priorities and needs. Therefore, successful talent acquisition is the sole responsibility of organizations’...

Apple Company’s Innovations and Marketing Mix

Introduction Apple Inc. is a leading and most valuable technology-based corporation, a trendsetter within a modern innovation market. The company is known for building its prominent history and fortune on the grounds of innovation that significantly transformed humans’ digital experience of their daily lives, starting from the personal computer revolution...

Financial Planning: You Cannot Plan Looking Back

Introduction I support the statement “you cannot plan to look back”. When one plans for a business or self after retirement, it is all aimed to look forward without ever looking back. The focus is on advancement and preparation for future encounters, especially in the dynamic business world. Economics and...

The Coca-Cola Company Unifying Culture

Global Company Overview The Coca-Cola Company specializes in producing and selling non-alcoholic beverages. The signature drink originated from Atlanta in the late 19th century, and an organization was established to sell it (The Coca-Cola Company, 1). In addition to Coca-Cola and its variations, the company distributed approximately 200 brands, including...

Employee Turnover in Manufacturing

Employee turnover is an essential organizational phenomenon with significant implications for corporations, individuals, and society. Reducing unwanted turnover is the goal of every organization. High employee turnover in industrial organizations continues to be a concern for various organizations. It is because organizations spend significant resources to train and invest in...

Ethics and Islamic Values in Business

Introduction The case study is based on the crash of the Costa Concordia in January 2012 off the coast of Tuscany, Italy. The captain of Costa Concordia abandoned the ship before all people were evacuated, and this is against the ethical and moral obligations for their professions (Stakeholders and Corporate...

Leadership Theories Chart. Breakthrough Leadership

Leadership Theory Definition Main Concepts Situational leadership A leadership theory that merges both directive and supportive dimensions, which need to be applied correctly in a given situation (Ghazzawi, Shoughari, & Osta, 2017). Situational leadership is based on the relation between the task behavior, listening, support, and value. It claims that...

Communication Workers of America Union’s Profile

A union is an organization of workers with a common objective of achieving different beneficial goals such as attainment of wages and benefits, improved safety standards, protection of the integrity of their trade or careers. The union is mandated to accomplish this through continuous negotiations with relevant bodies to obtain...