11211 samples of this type
Computation of Product Mix Variance Item Expected ($) Actual ($) Gross Revenue 3,500, 000 3,500,000 Discount (325,000) (350,000) Net Revenue 3,175,000 3,150,000 Lab testing cost (1,150,500) (1,400,500) Gross contribution 2,024,500 1,749,500 Direct costs (salaries) (870,000) (870,000) Net contribution 1,154,500 879,000 Product mix variance measures the departure of the actual performance,...
Introduction Economic growth can be disassociated from the degradation of the environment by the development and use of new technologies (Hoque & Walsh 2011). As such, natural resources are depleting at an alarming rate. Therefore, it is prudent that governments, organizations, or individuals adopt sustainable innovation strategies (Weber & Hemmelskamp...
Almost any person’s work is associated with communication with other humans, even in those rare professions where the employee is isolated from colleagues. These relations can be presented by teammates and work colleagues, higher authorities, and subordinate specialists. Consequently, the workplace should have its own distinctive ethical culture related to...
I have worked for a company that is involved in the sphere of online sales. I would suggest the following inspiring vision statement for it – the best customer is a satisfied customer. Given the fact that the firm has to constantly get in touch with clients, it is essential...
Abstract The purpose of this paper is to analyse the impact of leadership and motivation on the organisational culture of Repsol and to so, this report concentrates on some theories including autocratic and participative leadership style, transformational and action centred leadership model, motivation theories of Maslow and Herzberg, and organizational...
Reputation risk can be managed. However, reputation risk is the most difficult type of risk to manage. The image of an organisation is difficult to quantify and validate. However, every institution has its own image. Image comprise of how the firm is regarded by its internal and external publics. The...
Outsourcing is the purposeful allocation of some business processes or systems and delegating their implementation to a third party. It is logical to define the distinguished business processes as those that the organization implements with the least professionalism. Unlike service and support services, which are of a one-time, episodic, random...
Introduction Leaders have a great and crucial role in steering organizations if they are to acquire followership and achieve the goals and objectives of the organization. They have a great task of inspiring the followers for them to have their commitment and share the same interests and aspirations regarding the...
Insights Gained Through the Case Study Methods and Their Practical Value Analyzing complex situations, solving specific problems, and approaching relevant solutions are among the priorities that each manager should take into consideration while working in a health care environment. Using the case study method, therefore, is a great contribution to...
Managing labor cost is one of the difficult tasks in business management that should be addressed with committed efforts. Successful managers should determine the best strategies for managing the cost to increase productivity and reduce labor turnover in an organization (Pekka 82). It is in this regard that this study...
Overview of the environmental issues important in the case considering competition, technology, community service, funding, and workforce Orange Health Door Center is a non-profit organization that offers moderate health care on a sliding-fee scale to under-insured people in Minnesota. Judging from the case presented in the study by Filipovitch (2006),...
Large corporations endeavor to diversify globally to enhance their competitiveness, profitability, and market presence. This is a crucial provision when considered critically with respect to the Marisa Corporation’s case provided. The company should consider numerous issues before establishing its operations internationally (Choi & Meek, 2010). It is important for the...
Introduction Risk assessment in the financial market is regarded as one of the key insurance tools for effective asset pricing. Since the prices of the assets are formed in accordance with the market principles, and stock investment strategies, the risks play an important role in defining these strategies. Therefore, the...
Introduction There are several sources of external finance that are available to a company. A company can raise finance either through equity financing, bond financing, or bank finance. Each instrument of finance has its advantages and disadvantages. There are several things that the senior management must consider when choosing the...
Introduction The ongoing convergence of the US GAAP and the IFRS accounts reporting standards aims at providing standardized financial statements for US firms applicable internationally. These standardized financial statements will assist in further clarifying and predicting cash flow trends and hence offer international stakeholders the opportunity to appraise companies’ liquidity...
Introduction Workflows are processes associated with work processes in administration settings. The technology of workflow helps to support operational processes such as case driven processes. Workflow management system helps to ensure that information reaches the designated computer or individual at the right time (Wil van der Aalst, 2004, p. 74)....
The fact that ethics and compliance are commonly confused demonstrated that they are close in meaning, yet there is a vast difference. As for me, the distinction between these two words seems to be in the fact that compliance rests on a pragmatic basis, while ethics is social and intuitional....
Introduction Companies, both financial and non-financial emerge with a specific set of objectives. Despite the outstanding differences in the objectives of various organizations, the presence of risk is not deniable. According to Marrison (2002, p. 36), all operations face a certain degree of uncertainty. The challenge facing the management of...
Nowadays, competition in the market is constantly growing, and therefore, companies need to pay attention to their business strategies and marketing plans. Proper presentation of products, the evaluation of customers’ buying behavior, and reducing costs while increasing income are only some of the factors that require careful consideration. In this...
Introduction Activity based costing (ABC) is commonly used because it gives detailed information on the cost of a product unit that is produced. Under activity based costing, the use of cost drivers is quite significant. These drivers are used to allocate total costs to a unit of the commodity produced....
In the modern age, many firms are opting to adopt new technological operations. Companies have had to change from traditional brick-and-motor systems to e-commerce techniques. One of the firms that have accepted the transition is Bolt Inc. After rebranding in 2019, the organization decided to adopt some of the vibrant...
Introduction All organizations have requirements which prompt the implementation of certain tasks in a bid to improve the overall performance of the organization while at the same time ensuring that the organization is at par with recent developments in the specific area of operation. The overall success of the task...
Introduction This paper is a class assignment that supposes the student to be a graduate trainee at Pevensey PLC with a responsibility to second the company’s secretary, Mary Fulton. It is considered that Mary has requested the graduate trainee to evaluate a project with respect to helping the company in...
Introduction Food is a necessity that cannot be shunned in human for the purpose of good health, vitality, and survival. Hence, a business that its main product is food will succeed under the right business strategy and marketing plan since eating food is inevitable. Sangria restaurant will be a food...
Financial statements are defined as formal records describing business activities and financial performance (David, 2013). Financial analysis is a tedious but necessary task: the survivability of business depends on the decisions many of which are driven by the information found in financial statements. Formal records are useful for projected financial...
Introduction The wine market is an extremely promising industry in the United States. However, the industry has faced some challenges lately as it transitions from personal to online sales. In particular, there will be a need to keep the seasonal surge in demand for wine sold online shortly. Besides, the...
Tropical juice manufacturing company is an institution involved in producing and processing freshly blended fruit such as mango, passion, apple, among others. The firm produces a non-alcoholic beverage made from original tropical fruit rich in nutrients and vitamins essential in boosting the body’s immunity (Anjum et al. 2). The brand...
Introduction The purpose of this paper is to provide an analytical review of the article, “Understanding What Drives the Purchase Decision in Pension and Investment Products” authored by Gough and Nurullah (2009). The business article is peer reviewed and has been published by the Financial Services Marketing journal. The article...
I think that the article “Expanding the Lens” presents a well-thought-out perspective on the importance of organization in the work of an early care worker. Organization, according to the author, encompasses the values and beliefs held by the members of the organization, and their existence influences the way an organization...
Introduction In today’s business environment, capital happens is regarded by many as one of the most important resources (Padget 2011). One way through which companies are able to finance their business ventures is through private equity (PE). According to Snider and Howards (2010), private equity is treated as capital drawn...
Research methodology The research methodology that will be chosen for the research proposal will be phenomenology. It refers to the narration of experiences in the perspective of the first person. Phenomenology best reflects the research topic because it applies the aspect of first-person narration. To identify the relationship between the...
All types of organizations are required to furnish their accounts and make them available for external users who may be interested in the well-being of these companies and decide about their investments and associations with them based on information provided to them in the financial statements. Whether an organization is...
Introduction Nowadays a person needs not only knowledge of sciences, but also the ability to communicate with people. The work of an economist and mathematical statistician is similar since their job is to properly prioritize and set goals to maximize profits with the least loss. The purpose of the report...
Crowdfunding allows entrepreneurs and artists to kick-start their careers by providing an alternative pathway to raise funds. Usually, entrepreneurs go through the traditional venture capital model by finding potential investors. However, finding the sponsors can be challenging if the project appears too high-risk or abstract. Similarly, the commercialization of art...
Executive Summary The main objective of this final report is to prepare an IT strategic plan for Perisher Blue Pty Limited. Australia’s biggest and most popular ski resort Perisher Blue was established in 1995, which provides alpine runs, cross-country skiing, valley and bowl skiing, snowboarding classes, snowboard equipment, clothing, jewelry...
The Most Significant Prevailing Market Forces Currently, the most important market forces that may have a considerable effect on the company’s development are technology and globalization. According to Kotler and Keller (2016), these are two of the three major market forces that occupy the most prominent position in the modern...
All the companies strive to acquire the secret of success. In that matter, each particular business has its own secret of success. Thus, businesses require simple models, which will allow understanding and implementing the factors for success. In that regard these models should also be innovative, where models focusing functionality...
Introduction Mergers and acquisitions make possible complete changes in the business. However, this process poses major challenges to the parties involved as it can be quite chaotic if adequate strategies are not instituted (DePamphilis, 2008, pp. 77). Individuals charged with the responsibility of overseeing the mergers and acquisitions must have...
The term “human factors” encompasses the various influences on the project that its participants can have. In some cases, they will be positive, such as creativity or motivation, which can drive performance beyond expectations. However, in other situations, they will have an adverse effect, such as when team members engage...
Heineken is a global business as it produces beverages for Europe, North and South America, Africa, Middle East, Eastern Europe, and the Asia Pacific. Heineken’s main strength is brand diversification, aimed to meet the customer’s tastes (Gaspar and Massa 9). Its main weaknesses include currency fluctuations and poor margins as...
Background Conflict resolution within an organization is one of the most critical leadership skills that fosters cohesion, enhances work relationships and improves the overall outlook of products and services. In the role play, it is evident that organizational leaders look at employees in a holistic way by providing the correct...
Abstract Nurses and clinicians are required to collaborate, engage one another, and solve most of the problems recorded in their clinics or workplaces. The concept of teamwork has gained prominence in the field of healthcare since it allows such professionals to provide timely and personalized services to more patients. This...
The main idea of the observation method is to watch at the setting, participants, and the situation and to present the results of this in the separate section of the research (Patton, 2002). Creswell (2007) is sure that the main strength of the observation is that watching at the situation...
Introduction The relations between human beings within the society have always been associated with danger and risk irrespective of the fact whether these are social, political, or employment relations. The progress of the mankind has resulted in the progress in the area of fighting the risks arising from these relations...
In order to run a successful business, it is vital to take into account human resource planning. The reason for this is that a proper HR strategy provides the means through which companies can guarantee that they employ professional staff capable of completing tasks. Moreover, a good manager should also...
Job evaluation involves measuring the worth of jobs within an organization and ensuring a reasonable wage differential. Evaluation methods can be non-analytical, such as ranking and classification, or analytical, such as the point method. According to the U.S. Office of Personnel Management (1991), a full understanding of the classification standards...
Introduction “Over the last three decades, there has been a tremendous increase in the number of innovative management accounting (MA) techniques developed across a wide range of industries”(Abdel-Kader and Luther, 2008). Abdel-Kader and Luther, 2008, go further to explain that these new techniques have in the end had effects on...
Introduction In the 21st century, there has been an increased use of the Internet to access information, trade, interact and communicate among different classes of people; people have different uses of the Internet, for instance, in modern colleges, the use of the Internet as a learning aid has taken center...
The development of the world economy poses new challenges for various manufacturing businesses. In order to avoid financial crises, present-day companies need to elaborate a management plan to adjust their activities to shifting conditions (“7 essential features,” 2018). However, such a complex process implies the change in production costs as...
Introduction This report examines the marketing strategies as applied in Aldus Corporation. The corporation operates in the computer software development industry since its establishment in 1984. In spite of the successes that the firm initially enjoyed, changes in the business environment led to reduced sales revenues hence need to change...
As can be seen from the described cases, New Heritage is continually developing new projects in various areas. This allows the company to develop, interest the audience, and attract new customers. These projects relate to different areas of the company’s activities, such as creating new lines of clothing or the...
Net Present Value (NPV) is used for estimating the future net cash flows of the project. For computing NPV, all cash inflows and outflows of the project are projected and then they are discounted back to the present date using a suitable discount rate (Ross, Westerfield, & Jaffe, 2013). The...
Just like in the rest of the society, concepts such as transparency, fairness, justice, and equality play an important role in the workplace. Particularly, the employees’ perceptions of both procedural and distributive justice may have an impact on their job satisfaction and turnover intention. In any system, procedural and distributive...
As compared to a firm that only operates domestically (in one country), an international company expands to multiple markets and, therefore, faces unique costs and difficulties (David, 2013). Internationalization is a high-risk high-reward strategy for which multiple global and international considerations need to be made. Financially, an international company will...
Introduction Budgeting, therefore, takes into consideration various factors to come up with an appropriate forecast. For Guillermo furniture to produce correct sales estimates within its forecast budget, it s needs t to consider the factors affecting its production including the competitor’s possession of advanced equipment, and the ethical considerations which...
Employee productivity and performance rests on motivational approaches and reinforcement strategies towards achieving organizational goals. Extrinsic rewards relate to the positive outcomes of a group or individual’s productivity in a work setting. John and Leavitt (2001) argue that these rewards reinforce the emotional attachment of an individual or group to...
Introduction Regardless of the sphere of entrepreneurial activities, investing in high-quality hardware products and equipment is essential for the business’s successful start and subsequent development. The majority of hardware types make business operations run smoothly with little or no glitches. The administrative functions and business management are streamlined by the...
Context Any multinational firm having exposure to international transactions and investments has to denominate the sales revenue and costs denominated in equivalent home currency. In that case, the firm is bound to be exposed to fluctuations in exchange rates. The calculation of the impact of the changes in the foreign...
Introduction At the beginning of the 21st century, the development and global spread of Internet communication technologies in modern states led to the emergence of an independent virtual political communication space with its principles of functioning. The introduction of new types of political communication influences the processes of interaction between...
Introduction Reward systems are directly associated with job satisfaction and performance at the workplace. Satisfied workers are more committed to their tasks and in achieving organizational objectives. Dissatisfied employees lack the right motivation to task performance. Job satisfaction is exhibited in individuals’ attendance on duty and the motivation to go...
Introduction The portrait of the two famous Australian companies have outlined in this paper considering the importance of their WACC (Weighted Average Cost of Capital) and financial risk management strategies for both of their managers. Before going to the theoretical discussion and WACC calculation, it is important to take a...
The advent of democracy across the Western nations has also led to a scenario where few people own most of the available channels of communication. Media conglomerates have taken over the operations of digital media in most countries across Europe and America. The situation is not different in Canada where...
Enron was the second largest company in US history to be declared bankrupt. Recently, the Congressional committees have analyzed the company in order to establish the cause of its fall. Although the cause has not been determined with precision, some of the vital elements that caused its downfall are clear....
In the epoch of globalization, multinational corporations (MNCs) became powerful and international actors on the international stage. This position was achieved partly due to the practice of attracting external resources from third-world countries. Alongside globalization, in the modern world, global stratification is an immensely significant phenomenon that refers to the...
Introduction A logistics manager oversees the supply of goods and services. One needs to perform his duties well to avoid the dissatisfaction of the clients. As a result, a logistics manager needs to be very careful especially when dealing with online fraudsters. Thus, some of the issues that a logistic...
Globalization is the process of implementing the same marketing strategies across all of the company’s operations in the international market. Despite the fact that the customers’ cultures, preferences, and environments are different, globalization makes everything almost the same. However, customization is the opposite process as it builds separate marketing strategies...
Summary People strive to improve, but it usually comes at a price. Organizations have to consider how to boost effectiveness, whether by increasing the amount of equipment and personnel or working in the existing state. There might not be the right answer, as it depends on the financial and human...
It is necessary to note that an HR manager is expected to have an outstanding knowledge of the industry, and some aspects are incredibly valued by employers. The first skill set that should be highlighted is focused on compensation and benefits. Demands of healthcare professionals are always increasing, and one...
Today, the highly competitive market dictates businesses to distinguish themselves to grab customers’ attention and influence their positioning. Differentiation requires brands to invest into developing their marketing mixes. A marketing mix is defined as a totality of factors that a brand can control to influence consumers’ perception and desire to...
Strategic planning process Strategic planning process is a critical component of the health care delivery system. Its application cuts across governmental and private practice institutions. Ordinarily, it consists of four main steps which include situational analysis, strategy formulation, strategy implementation, and strategy evaluation (Duncan, Swayne and Ginter 2006). All these...
Abstract ‘Super Greens’ restaurant is a new medium-sized restaurant to be located in a busy locality of Westminster in the neighbourhood of some aristocratic areas like Upper Brook St.Our restaurant is supposed to provide organic food to consumers. Being dedicated to sustainable development, the restaurant purely focuses on organic foods....
Henri Bendel was one of the most successful retailers and set the norms for the luxury retail world, but the trade standards have changed since its first store appeared in New York. According to Les Wexner, Bendel has been closed to improve profitability for the L Brands as a whole...
The title and the abstract This article is about the benefits and the level of user satisfaction in an ERP system. The article’s abstract gives a precise summary of the entire article. Article summary In this article, the authors are trying to find the user benefits of the ERP systems...
Finance concepts are the basic principles that help us understand the common practices in finance as well as unique and uncommon difficult situations. In the context of the Guillermo scenario, the following finance principles and concepts can be identified: The Principle of Two-Sided Transactions The principle of Two-Sided Transactions recognizes...
Introduction Club IT is a downtown music venue owned and managed by Lisa and Ruben who started it after graduating with business administration degrees in 2005. The club offers a variety of services to its clients including spacious dancing floor, DJs, live music and refreshments. The mission of the club...
Financial reporting of an organization depends upon the accounting methods it uses. The most common approach, taken by many leading companies is accrual accounting. It is based on the premise that revenues should be recorded and recognized when the product has been delivered to the customer, and when the collectability...
The review of the literature has uncovered a correlation between mental illnesses and disempowerment. Moritz et al. (2010) have found out that people lose control over their lives the moment they suffer from a psychiatric disability. The primary concern is that global communities have traditionally stigmatized individuals suffering from mental...
Today’s rapidly growing business segment makes all the enterprises stand out in order to remain relevant in a certain market and keep target audience engaged in the service supply. For this reason, organizational development, which stands for the concept of constant improvement and innovation within the enterprise, has become one...
Introduction Business organizations should have proper mechanisms for preventing accidents and injuries. However, corporations might experience different occurrences even if such preventative measures are already in place. The involved parties should conduct proper accident investigations to prevent it from recurring. This essay explains why it is important for the relevant...
Project Description: The project system that will be integrated in Wobbly Wheels Distribution Company (WW) is the Internal Security system aligned with the Accurate Financials system. The proposed system guarantees the protection of the electronic data in form of orders, finances, and accounting because of prohibiting the unauthorized access to data,...
Introduction A small plumbing supply company in Olean, New York, is concerned about doing right to the employees in terms of the benefits offered. However, it does not know what this statement means. This paper explores the concept of benefit management at the organization. Finding out Employee Needs and Wants...
Description of the Business Standley’s Bakery is a new bakery store that is based in Ruston that will be primarily selling cakes and cupcakes in Ruston and its neighbourhood. Although Ruston has several bakery stores, it lacks a store that provides high-quality organic cakes and cupcakes at an optimal price....
Abstract Trait theories can identify the personality characteristics that are associated with the success of leaders. Nevertheless, it is necessary to transform these inherent qualities into skills or competencies that should be possessed by these people. By combining these models, students can become more efficient public health administrators. Introduction Several...
Corporate culture defines communication between employees and leaders and approaches to problem-solving. A corporate culture based on ethical principles ensures open and honest interaction of all parties helps effectively respond to any changes in the internal and external environment. However, the corporate culture’s lack of ethical principles leaves room for...
The following is a summary of an interview conducted by the Journal of Accounting with attorney Michael Young who is the chair of Willkie Farr & Gallagher LLP’s Securities Litigation & /enforcement Practice Group (American Institute of Public Accountants para.1). A treaty crafted three decades ago by the American Institute...
Cash is king is a phrase that was used to infer that a company with adequate liquidity will have enough money available to pay its mouths. The term liquidity refers to both an enterprise’s ability to pay short-term compulsions and a company’s capability to sell assets quickly to raise cash....
The best practices of supply chain leaders worldwide are monitored by specific agencies. In the video, the list of the top twenty-five supply chain companies in the United States, was published by Gartner, one of the biggest research and advisory companies in the country (IIBR, 2014). The data from 2013...
The fraud statute founded in 1677 through an act of parliament and developed through legislative processes over time is now adopted in the judicial systems of many nations in the world. This statute gives provisions governing a contract between two parties. In most of the statutes, the memorandum demands that...
Country Analysis The proposal suggests launching the product of Company A, dog food, in Poland in Central Europe. Its location defines the country’s dynamic development and allows for access to the European Union market (“Doing business,” 2019). In addition to economic growth since joining the EU in 2004 and readjusting...
Organizational communication refers to the different channels and forms of communication used to pass messages effectively. With companies having a multitude of employees across varying levels of structure, communication plays an essential role in maintaining contact. All employees must understand each other within the shortest period to improve efficiency and...
Fast food has become a separate segment in the service sector, experiencing rapid development and financial growth. McDonald’s is a flagship enterprise in the industry with innovative solutions for standardization, delivery, and service diversification. Upgrading current systems is a potential way to improve efficiency, drive-thru, and mobile ordering. Processing panels,...
Contemporary advertisement strategies are well-defined and are being used on a regular basis. They attempt to gain the customer’s attention and indirectly persuade clients to better perceive ads’ information. The appeals used in the advertisement “True Fruits – Awkward Eat Banana” are humorous and sexual (The Star Ads, 2019). This...
Introduction The focal point of the paper is to evaluate and analyze the marketing strategy of Veterans Affairs (VA) Loma Linda Healthcare System – Diabetic Clinic. For this purpose, the four Ps (product, price, place, promotion) and importance to the success of the organization would be discussed. Furthermore, the relationship...
Buying Bragg Apple Cider Vinegar was not a spontaneous decision. Before the purchase, a thorough investigation of its benefits was conducted by the whole family. It turned out that the vinegar is not only tasty but useful as well. Most people advise using it for cooking, making salads, non-sweet sauces,...
Introduction There are various scenarios that bring about ethical dilemmas within a contemporary business setting. The same is true in various levels of interactions in an organization. For example, the social and business interactions may lead to a number of ethical issues that need to be addressed. Each of these...
Branding is an important marketing tool for creating an impression and revealing the company’s philosophy, values, mission, and vision of the future. A corporate brand is significant for consumers; at the same time, it also allows creating an internal corporate culture. It is possible to note that during the last...
Abstract DeVry Educational Group Inc. is a publicly held company that is based in North America. The company provides higher education services across the world (DeVry Education Group Inc., 2014). Carrying out financial analysis using ratios is necessary because it provides a better view of the financial position of a...
Complaints in general and consumers’ behavior about expressing their complaints are of vital importance to the improvement procedures aimed at performance excellence in the service industry. The article by Patwary and Hamimi (2016) provides an extensive overview of the key factors influencing consumer complaining behavior and the channels they use...
Introduction Firms aim at portraying a positive image through optimization of its capital structure which can be based on equity and debt proportions or total liabilities. The capital structure is crucial in enabling a firm to maximize its market value in totality. It stipulates the dividend policy which means that...
Introduction Brandt Company is a group of industries primarily dealing with manufacture of engineering products. In the past the company was called Brandt electric, but to due to innovations and expansion of its manufacturing sector, it has gradually adopted the new logo “Brandt industries limited.” The company’s headquarter is in...
The companies’ leaders are expected not only to be the professionals in their area but also to have the necessary characteristics to solve difficult situations and make data-driven decisions. For example, recently, my manager was making a decision about which of two employees to promote. The first worker, Mary, was...
“Enron: The Smartest Guys in the Room” is considered to be a documentary film about the collapse of the greatest world corporation; it was presented to the public in 2005, demonstrating a closer look at the criminal traits of the company’s executives and depicting one of the greatest business scandals...
Relationship marketing values client loyalty and lasting engagement instead of short-term objectives such as consumer acquisition and direct sales. The most important goal of the community college should be getting prospective clients for the athletics program and converting them to loyal customers. This will be a good indicator as to...
Introduction In the contemporary world, technology and business management have become inseparable. Technological advancements especially in the development of various software programmes have made business collaborations possible, convenient and more widespread. This has especially been facilitated by social media applications, which have given the users the freedom to control and...
The given deadline change poses a major challenge in terms of a team’s resource management. There are five people within the group, where two people are analysts, two other people are responsible for interacting with clients, and one is the team leader, who also represents the key interests. Analysts are...
Introduction Organizational communication is the process through which interrelated individuals in a given workplace or a company send and receive messages information to achieve common goals. Communication in an organization can take place through written, face-to-face, or mediated channels. This topic is important to Go Travel because it needs to...
Calculation The values of operating leverage, return on investment, economic value added (EVA) and return on equity will be calculated. The calculations are presented below. 2013 (Millions) 2014 (Millions) Sales 146,917 144,077 Variable expenses 125,195 123,516 Fixed expenses 16,244 17,121 Total expenses 141,439 140,637 Operating income 5,478 3,440 Net income...
Introduction The ad about the pomegranate phone is a splendid example of the potential of human fantasy and imagination, which has no limits in producing new ambitions. It shows the future direction for innovation developers, simultaneously inviting them to work in Nova Scotia (the government of this province ordered the...
During chaotic situations, with numerous unknowns emerging, the proposition of coercing employees and pressuring them to conform to the leader’s vision may appear highly attractive. It would enable the team to work toward the same goal together as a unified body, at least temporarily, until the chaos passed. However, this...
Bureaucracies are seen as an ideal type of formal organization. Max Weber, who pioneered the field of sociology at the beginning of the 20th century, outlined the four key characteristics of bureaucracy. According to Weber (2015), a bureaucratic organization has a clear hierarchy of authority, division of labor, explicit rules...
Mission statement We are committed to grow and improve to make our clients happy. Our purpose We will do our best to ensure that our customers needs are met. Our main values Trust Customer Care Employee Development and Diversity Improvement Trust We understand how important it is that our customers...
Introduction The EcoLive company is a new business venture that seeks to operate in a food delivery sector across the United States. The company seeks to address the importance of eco-friendly food packaging and delivery from the perspective of recycling activities, as well as to meet elevating customer requirements for...
Strategic management is a critical aspect of any company which helps an organization develop and implement the policies and plans to gain a competitive advantage over its rivals. In Fortune, Walmart is leading the charts in the 2020 rankings once again as the most admired company, while other notable U.S....
When it comes to the field of marketing, consumer behavior is a significant phenomenon. Various researchers have tried to articulate the meaning of this term, and they have reached a consensus. Thus, Hawkins and Mothersbaugh (2012) stipulate that consumer behavior draws attention to how people and legal entities select and...
Definition of the Problem Introduction Risk management (RM) has been defined as the process of scheduling, classifying, directing, and managing organizational conduct in order to curtail the detrimental effects of fortuitous losses at reasonable costs on the organization. Risk avoidance involves eliminating all losses associated with a particular activity, loss...
Companies are faced with various constraints of production and they are forced to plan accordingly. The limiting constraints may include limited demand, limited skilled labor and other factors of production, and limited finance that forces companies to work under situations of capital rationing. Planning with limiting factors forces companies to...
Introduction The proper functioning of an organization requires control and monitoring. Corporate governance comprises one of the ways of controlling and enhancing the monitoring of organizational operations (Caldwell & Karri 2005). At the heart of corporate governance is the need to mitigate or implement mechanisms of controlling and preventing conflicts...
Introduction The purpose of this report is to describe and analyze consumer behavior while purchasing KitchenAid Artisan KSM150 Stand Mixer. The consumer is female, 21 years old. With the passion for cooking and the high expectation of gaining popular image on social media, the consumer is heavily involved in all...
Introduction The scarcity principle is an important tool in marketing and negotiations involving rival parties. The principle relies on the motivation generated out of fear of losing something which makes people to act. Scarcity can arise because of limitation in supply of a commodity or lack of time, prompting individuals...
“Effective collaboration requires early involvement and the availability of appropriate resources” (Crow, 2002; Maddux, 2003). To achieve our objectives in the development of an extremely clean, professional, clear and easy to navigate and a dynamic institution’s website, our team members share ideas and information in the most explicit communication channels....
Introduction For any business the organizational set up plays a pivotal role in the growth of business. Limited liability of ownership is originally associated with corporate set ups; but the same features with some modifications have also been applied in limited liability partnerships. There are other positive and negative features...
Workplace bullying turns out to be a serious theme for discussion because of a variety of reasons, and one of them is its impact on people’s mental health. According to Forbes studies, the number of employees who report being bullied at work continues rising and has already achieved 94% in...
Introduction The presented service idea is strongly associated with the global pandemic, which has greatly influenced the international and domestic markets (Texel, 2020). This paper proposes a service marketing strategy based on these factors and the characteristics of the new service idea presented in the previous paper. It provides a...
Introduction The number of families where both parents work and pursue careers is increasing. Such couples need to consider long-term goals regarding their lifestyle and distribution of housework between parents. Also, when children are born, additional scheduling is needed to accommodate all responsibilities. The primary issue is that the majority...
Introduction The current trends in the healthcare industry call for the implementation of several changes to achieve the organization’s mission and goals while satisfying patients and workers in general. These changes are triggered by both external and internal factors, which affect the organizations, employees, and the patients (Buchbinder & Shank,...
Introduction The present report was commissioned by the Chief Research Analyst. It presents the analysis of data provided by the Department for Business Innovation and Skill (BIS). The purpose of the present report is to compare the South East region with the North West region in terms of similarities and...
Chipotle Mexican Grill, Inc., also known as Chipotle, is an American restaurant chain primarily serving Mexican food. Chipotle is an example of a company that demonstrates corporate social responsibility and commitment to human and environmental causes. The company promotes human flourishing by serving “food with integrity,” as stated in its...
Introduction Improving the efficiency of covering new markets in a competitive and dynamic financial environment requires understanding the mechanism of interaction between formal and informal institutions as two closely related processes. However, despite their connection, they differ in unique and crucial criteria. Informal market institutions, for instance, economic mentality or...
Introduction The creation of an effective team within an organization requires considerations of the mission, vision, and strategies of growth within a particular setting. The goal of the plan is to create a team that would work together over a period of nine months and reach the objectives of the...
The Stakeholders Sustainable manufacturing is a matter of paramount importance in the 21st century in the context of the clothing and footwear industries. Jiang (2019) writes that the popularity of high-end athletic shoes is on the increase, and industry leaders must respond to growing demand. Nevertheless, growing competition poses challenges...
Introduction Different times in history has seen Information playing an important role in the lives of millions across the globe to either facilitate or complicate their daily activities, which are now demanding in nature. Such occurrences are perceptible in the contemporary Information warfare, and also as a way of doing...
Potavin (2006) describes a true leader as one who maintains an uncompromising adherence to an internalized, but otherwise generally accepted code of moral values; who adheres to utter sincerity, honesty, and candor in all communication; and who avoids deception, expediency, artificiality, or shallowness of any kind in all situations. In...
The importance of using appropriate human resource management techniques has always represented an important goal for companies worldwide. The significance of an appropriate HRM strategy has risen over the past few years due to the increase in the role of global governance and the promotion for diversity in the workplace....
The increased competition from developing countries of Asia and Eastern Europe caused firms to implement offshoring strategies – moving the production abroad. Relocation has been an ongoing trend in the business area to achieve better results on global marketplaces (Lin et al., 2017). Such methods aid obtains these businesses several...
Recruiting New Talented Employees Human resource (HR) units are typically tasked with overseeing the recruitment process, designing employee benefits, performance appraisal procedures, reward management, and training and development. HR professionals are generally required to make significant decisions during the enlistment procedure (“The Role of HR”). Some of these decisions include...
FindLaw. (2016). Workers’ compensation overview. Small Business Law. This article refers to workers’ compensation as a set of laws that provide guidelines for protecting injured employees by offering them health benefits. Although some states have unique insurance programs for workers, the Federal government outlines distinct compensation laws for specific industries....
Even if the leader is not aware of what kind of management style is typical for them, they still have an established behavior model. My former CEO is a striking example of a charismatic leader. He always had innovative ideas and endless optimism: employees rushed to work enthusiastically after his...
Jonathan Anderson is enthusiastic about Fashion design, and his beautiful clothing and accessories brand him among the forward-thinking investors. Anderson has developed the Loewe and JW Anderson brands at the center of his amazing career, which renders his business sustainable in contemporary markets. JW Anderson faces stiff competition from Stella...
Remuneration is the payment made to an individual for the services that he or she provided to the organisation. Director’s remuneration is a most energetic issue in the today’s business world. The range Director’s remuneration seriously varies in different organisation. All aspects of remuneration level, performance measures, yearly bonus design...
A focus on the best of the three sources of competitive advantages to a firm ought to be the foundation for the others. For instance, concentrating on extra business advantages means ability to capture attention of more audience, thus the possibility to have more customers. Ensuring strict commitment to one...
It is worth noting that any healthcare organization should strive for the harmonious development of employees and help them manage their careers. This should be done regardless of whether a person stays with the current organization or decides to move to another one (Woolnough & Fielden, 2017). For these purposes,...
At some point in a person’s career, he or she may play a leading role in a specific capacity. One might consider recognizing or endorsing a particular style of leadership, whether he or she heads a briefing, project, group, or an entire company (Al-Malki & Juan, 2018). Most professionals develop...
Introduction Justification defenses are commonly used in our courts by defense attorneys to justify the crime that was committed by their clients. Herring (2012) defines justification defenses as a situation where “The defendants admit they were responsible for their acts but claim that what they did was right (justified) under...
Code of ethics and Conduct All the employees of Fine Consultants shall be required to pay attention to the company’s policies in regard to the financial and advisory consultations addressed to or from the customer concerning his or her enquiries as given below: Ethics Training Program In order to make...
Introduction The Koch brothers utilized different power sources and persuasion tactics in their long-running sibling rivalry for the control of Koch Industries. The company started in the 1900s by Fred, who spent most of his time fending off other established oil firms intending to drive him out of business due...
The double-entry system of accounting is a concept underlying modern accounting processes. It implies that each financial transaction that is being carried out has an equal but opposite impact on at least two different accounts. The double-entry system is used for satisfying the Assets = Liabilities + Equity equation. Therefore,...
Supermarkets often demand thousands of dollars from manufacturers only to agree to trade their goods. For the products to get to a competitive place, they require even more. Characteristics of the goods’ placement affect the profits of retailers and suppliers that are confirmed by practice and well learned by manufacturers...
Introduction Entrepreneurship remains a powerful practice that guides people to launch and grow their startups to become giant corporations. This development explains how individuals can experiment with a small or new idea and make it an evidence-based solution to the problems affecting humanity. Business owners should reflect and examine their...
Medical organizations are complex institutions that need strong, collaborative, and comprehensive leadership; that is why I regard leadership training as highly important for health care professionals. Effective leadership skills play a central role in their ability to deliver high-quality care and improve both clinical outcomes and patients’ satisfaction. The purpose...
Introduction The presence of a powerful Union is a prerequisite for industrial peace. Decisions made in the collective bargaining process and agreements between employers and workers are usually productive. Trade unions have an important role to play and are beneficial in successful cooperation between workers and management. They offer guidance...
