11160 samples of this type
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 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...
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...
Introduction Large international corporations require an appropriate organizational structure to perform their overall business functions. A well-designed organizational structure includes a series of central functional departments such as finance, marketing, R&D, production, etc. The system of an organization is determined by the size of the domestic market and the area...
Introduction In the 21st century, work can change and become attractive to employees who actively craft their tasks. The physical and cognitive alterations people make at their interpersonal work boundaries are called job crafting. The workers develop a more optimal design of their tasks by creating a wide range of...
The main criteria for the effectiveness of government procurement are the purchase price and the cost of subsequent ownership. The main task is to buy goods, works, or services of the required quality with minimum spending of budgetary funds. The activity, which consists in the implementation of procurement, is complex...
The macro environment audit examines external forces that affect the performance of the online shopping industry in general and the Amazon Company in particular. Amazon Company is the global leader in the online shopping industry. This analytical treatise presents a macro environment audit of the Amazon Company from the findings...
Examples of management structures include functional division Product division Matrix methods Geographical division International division The importance of organizational structure is that it facilitates teamwork and enhances communication across all levels of organizations ((Dess et al 2004, p.354). Strength and weaknesses of organization’s structure Functional structure The advantages of the...
Introduction In December 2007, the National Labor Relations Board (NLRB) ruled to uphold a policy that prohibited employees from using work-place e-mail systems “for non-job-related solicitations” (Lavin, Dimichele and Wasserstrom, 2008, p. 1). This happened after an employee of the Register-Guard, a newspaper based in Oregon, sought the NLRB’s direction...
Expanding a company to the international market results in increased employment and healthy financial development. For example, Impact Confections Company can diversify its products by selling them outside the USA. Impact Confections Company is a candy-producing organization established in 1981 in Janesville, Wisconsin city, U.S. (Helton, 2019). Warhead candies are...
Introduction In any firm, there should be a healthy employee-employer relationship to enhance productivity. It is the interaction among employers and each employee at the workplace that influences productivity and efficiency. Business owners are all parties involved in the overall operation and success of the business. Governance is a process...
Introduction Southern Cross Healthcare Group is the largest non-public health care organization in New Zealand, offering a wide range of various health services to clients, including health, travel, and pet insurance, and private hospitals. It also provides multiple working opportunities for numerous employees. Being a world-known organization, Southern Cross Healthcare...
Servant and more traditional leadership differ in their approaches towards growth. Servant leaders are frequently focused on their responsibility and ability to provide service to clients, employees, and colleagues (Tait, 2020). This is especially important in relation to personnel that work directly below the leader as opposed to more general...
Capital and operating budgets are business plans meant to support the achievement of the necessary activities. They differ because the operating budget is focused on addressing immediate future needs while capital budgets are meant to support long-term goals. Operating plans usually run for one year, and managers can review and...
Google is one of the most well-known technology companies in the world. The span of Google’s services encompasses a variety of Internet-related services, including a search engine, online advertising technologies, software, and hardware. Larry Page and Sergey Brin founded the company in 1998 (O’Connell). As of 2020, Sundar Pichai is...
Abstract The paper provides a detailed overview of cross-cultural leadership and management in the workplace, in an effort to better signify the need to embrace acceptance and diversity in treatment of employees. The importance of working and adapting to modern challenges in treating one’s employees was stated, and the particular...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Effective communication is critical to not only personal career success but also for any employee and manager in an organization for a variety of reasons. Communication skills, particularly the ability to work effectively in a team setting, are the most important factors that enable individuals to excel in their job...
Merger and acquisitions have become part of important business initiatives of improving the performance of companies. Therefore, many factors are considered before deciding on which companies to merge with or acquire. The financial status of the company is one of these factors. The financial net worth of the company is...
Marketing involves creating and exchanging goods and services that are of value to customers, partners, and the community at large. With increased rivalry from other organizations, a company must always strive to achieve a competitive advantage (Plewa & Conduit, 2016). The resources that a firm has can be used as...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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 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...
In aviation and aerospace logistics, there are two directions, such as making aircraft and spaceship and moving people and products, where the latter is part of the integrated supply chain management. In this case, a supply chain can be understood as a network of organizations that cooperate through various connections...
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...
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...
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...
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...
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...
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...
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...
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,...
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)....
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...
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 (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...
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...
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....
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....
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...
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...
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...
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 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...
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...
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...
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,...
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...
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...
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...
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)....
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...
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 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....
Introduction When mobile communication equipment manufacturers were recording declining sales in the 2000s, Nokia was experiencing some unprecedented growth in its mobile handsets sales. According to a journal article written by Carral and Kajanto (2008), Nokia’s success was as a result of its understanding of the communication industry’s inflection points,...
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...
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...
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...
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...
Customer service can be defined as the advice or assistance an organization gives to individuals who sell or buy its products. This entails reliability, attitude, accountability, knowledge, skills, communication, and efficiency (Melander, 2018). These services help customers to have an enjoyable and comfortable experience with the company; therefore, build trust...
“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....
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...
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...
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...
Organizations must learn to adapt and try to fit in with components within the external environment for them to be successful. This environment comprises of components that are beyond the control of organizations. Organizations can be broken down into four main categories. They include; Private, Public, Profit and Not-for profit...
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...
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...
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...
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...
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 (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...
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)....
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...
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...
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...
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...
Introduction Global crises significantly influence various aspects of business, including production, distribution, sales, and stakeholder relationships. COVID-19 pandemic that is currently affecting most countries of the world has changed the reality for many companies in a variety of industry sectors, introducing unprecedented issues. One of these is interruptions in production...
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...
International business is the highest form of entrepreneurial activity, and innovation plays a vital role in the conceptual idea of gaining a competitive advantage. The latter is conducted through elaborate modifications in the business model, knowledge connectivity, research and development, and organizational innovation. For example, in the hospitality and tourism...
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...
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...
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...
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...
Sprouts Farmers Market is a specialty grocery store that sells organic foods and a variety of other natural products. At present, its popularity is defined by the increasing demand for the realized goods boosted by customers’ particular attention to their health during the pandemic. This fact explains the business’s ongoing...
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...
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...
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...
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...
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...
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,...
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...
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...
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,...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
Introduction The process of recruiting can define the success of an entire facility. To improve the results of the efforts of an organization, companies have introduced numerous methods that help them with obtaining an optimal candidate for a job. Depending on the focus of a company’s recruitment of staff, there...
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...
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...
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...
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,...
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...
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...
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...
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 &...
It seems reasonable to state that all companies come to a period when their performance starts being insignificant. This may take place due to various reasons – starting from severe rivalry and ending with pressing governmental policies. However, there are a plethora of cases when the mentioned insignificant performance results...
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 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...
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...
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...
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...
Interpretation The summary under consideration demonstrates the air transportation supply company’s data and focuses on the employees’ salaries, bonuses, and performance. The analysis of this information results in the rise of a few questions. The first question is whether the company indeed needs many employees in its divisions. It refers...
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....
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...
Introduction An appropriate leadership model is a significant phenomenon since it provides health care professionals with the necessary skills and techniques to influence their followers. I understand this fact and do my best to choose a suitable leadership style. In my working practice, I try to follow transformational leadership principles....
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...
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...
Work planning is an extremely important part of the success of any company; therefore, managers and owners should pay close attention to improving internal and external aspects of business. The reason for this is that the amount of this income is directly influenced by the rational use of all types...
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...
