10962 samples of this type
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...
This essay presents a profile of DME Sports Academy. The discussion draws on the results of field research that included interviews and observations and a review of secondary sources. It incorporates digital articles addressing the larger context of education and multiple creative sources to justify main points. DME Academy is...
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...
One of the most difficult and expensive tasks that any business owner faces is finding new customers or retaining old ones. Many companies dedicate different parts of their marketing department on one of these functions. To retain customers that companies already have relationship marketing is used to attract repeat business...
Introduction Organizations review the market to identify various forms of business that they can adopt. The organizational form is directly related to various business-related functions and issues (Padgett & Powell, 2012). It should be noted that there are seven key categories of business characteristics. The key categories of characteristics include...
Strategic planning is one of the most important approaches to the development of any organization. Having a strategy is especially crucial for a healthcare institution, as the increase in services’ quality allows them to improve patients’ health and creates a competitive advantage. This paper will determine a small privately-owned hospital’s...
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...
Abstract The market analysis allows firms to comprehend the possible opportunities and limitations, which further define the correct strategies to adopt. The e-commerce market has grown over the past years following the amplified use of the internet and contemporary technologies. Amazon uses an online presence to sell its products and...
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...
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...
There have been numerous cases of fraudulent actions committed by organizations and covered in press. Employees who work in companies with toxic corporate cultures are often challenged by their need to speak up about illegal procedures they are made to do on a daily basis. They often have a psychological...
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...
Unilever is a Dutch-British multinational firm headquartered in Rotterdam, Netherlands, and London, United Kingdom. It is one of the oldest and biggest consumer goods enterprises globally – only topped by Procter and Gamble and Nestle. The organization attracts various types of consumer merchandise brands in beverages, personal care, foods, and...
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...
According to the Oxford English oxford dictionary, a tort is an intentional or unintentional harm to another person or property. In most organizations, employees are exposed to various risks as they perform their daily tasks. The risk may be intentional when both parties, that is, the employer and the employee...
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...
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...
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 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...
The effective functioning of any company depends on management practices used to ensure the desired outcomes and attain specific goals. It is vital to create an environment motivating workers to engage in various processes and contribute to the evolution of the company. Designing a productive and satisfying job is a...
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...
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...
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,...
The concept of conscious capitalism was developed by Mackey and Sisodia (2013) and signifies a socially responsible philosophy of economics and doing business. The critical idea of conscious capitalism is that, in pursuit of profit, businesses should still act ethically and should not neglect the needs of a company’s stakeholders....
Nowadays corporate structures, such as companies, exclude sole practitioners and partners from the architectural market. We live in a highly competitive society, and old forms of unions are not as effective today, as they were before. Though the definition of a partnership sounds optimistic enough and tells that it “is...
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 &...
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...
A businesses’ vision statement defines its clear direction of future growth and competitiveness. It communicates companies’ goals as well as aspirations for development. A firm’s vision statement has a significant role since it keeps an organization on track and focused on goals. It guides operations and the way employees need...
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...
The main focus of the classical organizational theory is changing the management process to improve work performance. Different researchers attempted to create an effective system regarding three different aspects of management that can increase work efficiency. For instance, Henri Fayol was trying to construct a theory of classical management to...
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...
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...
Code of Ethics Our business’s success depends on the confidence of our customers, partners, and employees in our credibility. Credibility in our case can be ensured by satisfying customer needs, treating all people with respect, and benefiting the community. We can achieve these goals only with our workers who strive...
Students in a College Computer Programming Class TechHelp USB flash drives are specially designed for fast transfers and easy compatibility with different operating systems like Linux and windows. The drive also supports compatibility with Macintosh and Intel machines enabling data to be transferred between computers with different system and hardware...
Introduction For this week’s assignment, the stock prices of Tesla are reviewed using Yahoo’s Finance service. Tesla is a United States-based company that works in the industry of electric car manufacturing construction and is one of the companies owned by Elon Musk. Tesla is a great company, both because it...
Introduction Roberts (1997) asserts that Human resource management is an organization’s function that entails all aspects that are associated with the human resource or work force in a particular organization, company or institution. It entails aspects like recruitment, coordination and control of the people working in an organization. Some of...
Any negotiating process, regardless of its participants, context, or goals, involves an interaction between the negotiators, which is manifested through communication. The statement “there can be no negotiation without communication” is particularly true due to the essential role of the communicational process in negotiations. Indeed, negotiating involves exchanging opinions, interests,...
Social media platforms such as Facebook, LinkedIn, and Twitter have been actively used by organizations to promote new job opportunities and search for prospective employees on both part- and full-time basis. However, the logic of making recruitment decisions is often biased based on unreasonable judgement related to social profile of...
A brand is a logo, mark, symbol, name, etc. that creates point of difference amongst various organizations in the market place. I believe that it gives a product or service the expression that differentiates it from other brands seeking to satisfy similar needs. Therefore, branding is the process of using...
The nature and intensity of intelligence have changed during the last decades in response to a higher security challenge because of worldwide terrorism growth. The approach of outsourcing led to an increase in the number of non-state actors that are involved in the intelligence process. Currently, the private and public...
Shell: Controversy and Criticism Controversy and criticism regarding Shell’s operations in Nigeria became the public’s response to the company’s actions toward addressing or non-addressing the interests of the Ogoni people located near the Niger Delta. Economic and environmental issues associated with the activities of Shell in this region provoked the...
McCallum makes the case that business schools are currently too focused on leadership to the exclusion of its counterpart. They aim to attract ambitious applicants who are hoping that by developing their leadership ability, they will be recognized and eventually reach an executive position. To that end, schools are making...
Innovativeness has become a crucial factor contributing to the firm’s success, and several factors enable it. First of all, innovations are promoted by knowledge and information, which have become a resource of vital importance (Nair et al., 2016). Indeed, today’s science and technology experience unprecedented development rates. The second factor...
The current Part I, II, and III discuss Chipotle’s marketing expenses, proposed organizational structure, and strengths and weaknesses respectively. The new pieces of analysis draw on the previous research carried out to understand Chipotle’s standing on the market. For Part I (marketing expenses), it was important to identify the company’s...
Sports are a rapidly developing area, which will grow in the foreseeable future. This field incorporates multiple events, people, organizations, audiences, and other constituents of mass appeal. Organizing initiatives on such a scale takes managerial skills and project thinking. Any sports manager should view their activities as part of a...
The trigger of the story is the fact that Google, one of the largest search engines in the world has decided to exit the Chinese market. This fact is further compounded by the apparent urgency of the exit. The singe dominant narrative frame is the disagreement between Google and the...
For any employee, manager, entrepreneur, and administrator working in the field of business, understanding organizational behavior is essential. It helps to perform effectively at work, motivate subordinates, create meaningful relationships with coworkers, and represent the interest of the company. This factsheet will analyze three vital components of what organizational behavior...
The Tentative Title of the Study The spheres of business and leadership have become significant subjects of scholarly investigations lately. Researchers endeavor to find out what the most favorable features of a good leader are, what differences exist between leadership and management, and, most importantly, what qualities of a good...
How Multinational Companies are Managing Challenges in Product Development for BOP Markets I have noted that multinational companies can use several avenues to capture a niche market in BOP populations. To begin with, they can use direct marketing. This is where the company initiates direct contact with consumers in the...
Organizations’ Long-Term Goals and Objectives Every organization or business has aspirations and future positions they want to occupy as compared with competitors. The future image is broken down into long-term goals and objectives, to which all business operations are aligned. According to the video “9 Startup Funding,” long-lasting objectives are...
Introduction The print advertisement for this paper introduces the KIA Motor Company’s new car “Forte” to its potential customers. The advert attracts and encourages the viewer to make the right decision towards purchasing this car. This advertisement is appealing to the consumer. The print advertisement is also interesting and good...
Introduction Vast literatures suggest that numerous environmental problems occur due to human economic activities. These activities, as Transport Technologies and Policy Scenarios to 2050 (2007) asserts, cause deposition of masses of pollutants into the environment to the extent that they destroys the natural beauty. In addition, economic activities consume enormous...
Introduction Share-based payments are notable aspects of employee remuneration offered to directors, senior managers, and other employees. Share-based payments mainly include share options and shares offered to senior managers in an organisation. Besides, an entity can offer share-based payments to parties such as suppliers and key business stakeholders. The aim...
As I studied international logistics, my knowledge base on the subject matter took a positive leap. I conceptualised in my mind how international logistics provides a framework for a cost effective flow of products and services to the customer in both the forward and reverse directions. Effective coordination and timely...
Summary The economic term “Talent” refers to individuals that come together to create change in the operations of an organization. Talent management is a process of change, systematic growth and development, reconstitution, re-deployment of assets or talents necessary to create a change in an organization. Talent management transcends from talent...
The pharmaceutical industry is a specific activity in modern business, as it is sensitive to customer loyalty and local regulations. Retail trade is the relevant approach to sales in this area, as clients use services on a personal request or a doctor’s prescription. In turn, the supply chain is the...
Improving Training and Development and Performance Appraisal Systems Effective human resource management is essential for the success of the organization. Training and development ensure that employees have the required knowledge and skills to perform their job functions. Performance appraisal systems evaluate employees’ work outcomes, which is necessary to inform various...
Introduction Business analysis is the detailed examination of business operations in relation to the environment, in order to explain various aspects of a business. The results of the analysis should therefore, be reflected in a business plan. A business plan is a clear outline of a business’s goal and a...
Estimating future retirement needs Planning for future retirement needs should be done carefully. This can be attributed to the fact that retirement is an equally important aspect of the financial well-being of an individual just like investments and purchase of other assets. A challenge that most people face is coming...
Making up mind on identifying various options and choosing the best, at the most appropriate times, is a crucial part of a decision-making process. The implementation of policies by the right personnel, at the precise time and using the best mechanisms, can be termed as sound planning. One way to...
Introduction Collective bargaining has become the standard for guiding negotiation processes between workers and their employers. The current case revolves around the decision by different employees to unionize. The identified travel agency is based in Miami, Florida, and provides services to residents and visitors from other regions across the country....
United Airlines Television Ads One of United Airlines’ traditional marketing channels for promoting environmental sustainability is television advertising. Environmental United Airlines TV ads are part of the United Eco-Skies program (“United Eco-Skies,” n.d.). The advantage of TV advertising is its broad audience reach. However, the lack of instant and direct...
Marketing is one of the most critical undertakings all companies apply, regardless of their directions and sizes, to communicate and deliver value to customers in a way that benefits organizations. Because of the enormous number of competing companies in the global marketplace, marketers spare no effort in developing strategies that...
Introduction Servant leadership is defined as an organizational style within a company where the leader’s purpose is to serve their customers and help their employees grow within the field. The purpose of this paper is to analyze how this philosophy is supported at Zappos, an online shoe and clothing retailer....
Enterprise Resource Planning (EPR) refers to “a way to integrate the data of an organization in to one single system, using sub-systems that include hardware, software and unified database in order to achieve integration and to store the data for various functions found throughout the organization” (Article Alley, 2010, para.1)....
Introduction The active promotion of diversity has become an integral part of practices in numerous organizations, hence the creation of multi-generational workplaces. The described approach allows for the active knowledge sharing and development of substantial experience. However, multi-generational workplaces also incorporate numerous challenges for employees to overcome in regard to...
To evaluate a firm’s marketing success, it is critical to explore why customers do not purchase the company’s products. This can help analyze the possible errors in the firm’s marketing strategy and plan future approaches to increase sales. Consumers can have multiple causes for not buying specific goods. This paper...
One of the effective ways of obtaining a competitive advantage and improving the agility of a business is diversifying into a new industry. The organization under consideration is a US-based company that builds engines for the automotive manufacturing industry. The sector it should diversify into is the software industry, which...
Introduction For several years, managers deployed financial measures to evaluate the performance of their organizations. However, this culture changed in the 1990s following the development of a Balanced Scorecard (BSC). By capturing organizational internal matters and customer perspectives to measure performance, BSC helped to solve the problem of over-reliance on...
Introduction Marine Hull and Machinery (H&M) insurance covers the damages incurred in fires, explosions, collisions, or earthquakes in the marine cargo transport sector. Piracy is a significant concern in hull and machinery insurance around Asia and Africa. In addition to the natural and unavoidable disasters, the insurance also covers damages...
Introduction Before starting any business, it is essential to consider the legal issues that are likely to influence its operations. Each business has its own legal procedures that must be followed during establishment. In addition, each business has its own legal acts and statutes which govern its operations. It is,...
Leadership and followership are inseparable as they always depend on each other. However, followership seems to be often overlooked because leaders tend to be in the spotlight due to their power, influence, and authority. This paper aims to discuss the role of followership in supporting leaders and highlight the importance...
The preparation of a cash budget is quite vital for a business. Irrespective of the size and the nature of the business, it is important for a company to prepare a periodic cash budget because it has a number of benefits. The budget helps an entity to ascertain the amount...
Over the past decades, the notions of leadership and management have become so interdependent that some people consider them as almost synonymous in meaning. Hence, to understand whether a manager should be a leader, it is necessary to define these terms. The notion of management denotes the process of coordination...
Introduction So games are contemplating outsourcing the production of variety of games. The term outsourcing can be defined as the premeditated application of exterior investment to carry out commerce purposes conservatively run by domestic personnel(Linder, 2004). Outsourcing is done when a corporation takes a fraction of its commerce and gives...
Since communication plays a central role in any organization’s operations, it is essential to ensure the presence of a supportive communication climate to foster employee commitment and satisfaction. As an employee in John Doe Corporation, which is a large international business, I find the climate in my team extremely supportive...
As world experience shows, in the field of scientific and technical information, the main path of science runs primarily through scientific electronic libraries. Their purpose is to aggregate and organize access to modern knowledge represented by scientific publications. The criterion of a researcher’s information culture is the ability to adequately...
Introduction AICPA Code of Professional Conduct consists of rules, interpretations and ethical rulings and principles issued by American Institute of certified public accountant to govern ethical and professional responsibilities of CPA members. It is divided into, six unenforceable principles which express ideal ethical guidelines and form the framework for which...
Executives and professionals are expected to behave in a way that elicits public trust. CEOs, doctors, and accountants are careers that require high ethical standards in the course of duty to maintain general confidence. For instance, accountants depend on impeccable public image to paint a picture of skillfulness to potential...
Executive Summary The current situation posed by COVID-19 has forced some companies to advise their employees to work from home. Most of the work done is therefore managed virtually with online meetings being the order of the day. The adoption of this method by company management exposes some of the...
Introduction Financial performance of an entity changes from one period to another period depending on a number of factors. Some of the factors are economic (such as fluctuations in exchange rate, stiff competition and recession), social (such as people’s perception about the product), and climatic factors (adverse weather changes such...
Introduction Today, businesses need to keep track of global events to inform their decision-making. There is a wide range of emerging economic, environmental, geopolitical, societal, and technological global risks that shape the business environment. One of them is involuntary human migration that can be defined as coerced displacement of a...
Strategic planning and analysis of various factors are the basis for a successful business. The advantage over competitors is achieved not only by the correct positioning of the company but also by the assessment of the resources available to it. Thus, positioning school and the resource-based view of strategy are...
For an employee, it is essential to work in a safe and favorable workplace environment to demonstrate a significant performance. However, there might be an issue regarding the extent to which the process of improving these environmental conditions affects the employee’s job satisfaction and whether this affectation takes place at...
Causal and Moral responsibility Causal responsibility is simply a descriptive sagacity of responsibly. Under the causal responsibility, intention or agency is not imputed to the actual cause of an action. Thus, Causal responsibility does not carry any implication of blame or praise in an action. The causal responsibility is inclined...
Any organization is based on a team of workers, without which the functioning of an entire enterprise is impossible. The variety of characters, interests, and needs makes the collective the most complex and unpredictable system, in which there is a constant struggle of opposites. Thus, the development of an organization...
Key Activities For the initial year of M&J Catering and Hosting, the process of prioritization will be essential for putting the emphasis on the most critical aspects of the business. These will include marketing, product development, hiring, and web development. Both marketing and web development are highly intertwined due to...
Definitions Classical conditioning is a process that manipulates the human brain by associating everyday items with specific terms. During the elections, this guideline is utilized to painstakingly express politicians’ messages to the residents. For instance, they get the artists to sing them at their assemblies (Quickel, 2020). Classical conditioning has...
In the contemporary corporate world, there exists a belief that leaders are motivated by their ambitions rather than beliefs. For this reason, international companies are starting to invest substantial funds in developing value-based leadership. Therefore, this response will discuss the role of leaders’ values in the organizational culture. Fundamental beliefs...
Introduction Discrimination in the offices and among colleagues is a serious issue in the modern world that is claimed to be tolerant and equal for everyone. This topic and its causes and consequences are widely discussed by specialists in diverse spheres such as sociology, psychology, human resources, and management. It...
Equate is a Walmart-owned brand that is engaged in producing and selling medicines and beauty products. The goods of this label include pain relievers, anti-allergic drugs, skin and hair care cosmetics, vitamins, and other products in this category (“Quality care begins here,” 2020). The industry is competitive, and individual market...
Nestlé S.A. is a conglomerate corporation whose headquarters are located in Switzerland. Being the largest food company in the world, Nestlé oversees a number of subsidiaries. Tombstone and DiGiorno are two brands of frozen pizza that originally belonged to the American company Kraft Foods. However, after being bought by Nestlé...
Introduction Aims of the Report The current paper contains an analysis of the recent major issue faced by Pfizer, Inc, and the way the company solved it. In addition to that, the report critically analyzes Pfizer’s problem-solving approach and suggests alternative approaches to the issue that will be outlined below....
Decision-making is a process when a responsible person analyzes an issue and looks for possible variants of how to solve it. When a group of people is involved, a decision-making process becomes challenging. On the one hand, all the participants share the burden of responsibility, and they can unite their...
Introduction Costco is a multinational enterprise which manages a global chain of affiliation warehouses, and offers the products at relatively lower prices than other retailers do. It is an American-based retail store headquartered in Washington, the USA. The corporation is the central organization of other members and it provides goods...
There is a huge demand for elderly health care services because the number of senior citizens in need of assisted living care is high. In this paper, a marketing strategy of an elderly home, Golden Ages, is analysed. The organisation will use a multi-segmented marketing strategy to penetrate its two...
USA is one of the most powerful economies in the world in terms of economic and financial growth. Over the past three decades, the rate of employment in the United States of America has been increasing. In the 1990s, the work force growth rate was 1.1 % lower than the...
The passion of operating and succeeding in business depends entirely on the sole decision of the person setting up the business. The business requires the owner to have some educational qualifications in business-related courses and good relation with both the employees and the customers. The paper highlights the business environment...
Leadership is the ability to inspire, motivate, and empower a group of individuals in an attempt to achieve a specific objective. Today, headship is essential for firms’ long-term and strategic existence because it aligns the employees with the company’s strategy (Mango, 2018). Multiple scholars have formulated several concepts to explain...
Socially Responsible Efforts TOMS Shoes is one of the most well-recognized businesses in terms of social responsibility in the corporate world. The reason for that is the fact that the company’s operational strategy is inseparable from its mission. TOMS was founded on the principle of giving away a pair of...
Introduction The concept of leadership seems familiar to modern people, as it is at the heart of a successful business. However, it is challenging to define who is a leader and what qualities are necessary to fulfill such a role. Even the most successful and famous CEOs who run immense...
The Magnitude of E-Commerce Today Since e-commerce plays out within the large laissez-faire environment of the World Wide Web, there is essentially no central registry that reliably reports the magnitude of global transactions. Hence, estimates vary widely: US retail sales were estimated at $170bn in 2006. While Europe lagged behind,...
Introduction Financial planning is an important tool in establishment and achievement of personal and organizational goals. It is important that an individual plans his or her life’s financial well being in order to establish the financial position at the retirement time. Josh Schmidt planned his financial plan that has been...
Strategic Plan for the Orange Door Health Center Addressing Environmental Issues and Perspectives for Development Because three areas will be considered in a strategic plan – staff development, managerial approaches and technological advancement – a transformation of the Orange Door Health Center should be carried out about these aspects (Filipovitch,...
Introduction Sports are some of the social activities which keep various communities integrated and closely linked. Consequently, it is essential to promote sports, which can readily be accepted by society members and contribute to their success. The sport adopted for this community recreational program is soccer, which has existed for...
Introduction My flower business specializes in providing customers with the best floral arrangements for their special occasions, including birthday parties, weddings, and anniversaries. One of the biggest problems facing my business is the preservation of flowers. I noticed that they remain fresh for up to five days, meaning sometimes I...
Workplace safety is a critical management concern, as it determines whether an organization makes the best out of its employees. Manuele (2019) asserts that companies tend to encounter accident-related challenges, some of which escalate to lawsuits leading to compensations for injured personnel if they overlook safety. However, having a comprehensive...
Introduction Social media continues to be one of the essential communication channels between businesses and consumers. More than one billion Instagram accounts are active every single month, according to the platform’s internal data (Business, 2018). Therefore, Instagram can be used as an immensely effective marketing tool that helps consumers understand...
Symbiotic Partnership between Monkeys and Wolves Type of Relationship It is clear that Gelada monkeys and Ethiopian wolves have a strong bond involving the fight for survival. Since the monkeys are not bothered with the wolves entering their territory in most cases, it can be noticed that there is an...
Leadership styles refers to the approach that a manager adopts in order to exercise authority in the work place and be able to direct staff towards meeting the organizational mandate as outlined in their job descriptions (Foti, 2007). It is the way that a manager resorts to conduct things in...
Corporate governance Basically, corporate governance is concerned with the manner in which power is exercised in safeguarding resources of an organisation with the aim of increasing and maintaining shareholders’ wealth. Corporate governance is important in bridging the gap between economic and social goals as well as communal and individual goals....
Advancements in biotechnology have been tremendous for the last forty years. Commercialization has been rampant while researchers have engaged in innovation activities that have led to development of technological tools in biotechnology (Zeller, 2001). The year 1980 experienced substantial investments in biotechnology around the globe which was partially influenced by...
The selected business industry for this scenario is the smartphone industry. The business research topic is customer satisfaction and value perception. The purpose of the global marketing research is to find the impact of consumer perceived value (CPV) on a smartphone purchase intention. Maximizing CPV is a major challenge for...
Summary Using a systematic approach to analyze current organizational problems is a successful business strategy for early detection and further management. However, few companies recognize the importance of business process management, BPM, to improve organizational efficiency and productivity. In the case study under discussion, the automotive component company, which focuses...
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,...
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...
Organizational behavior refers to the behavior of individuals, teams and management that forms organizational culture. It is important to note that organizational behavior highly determines efficiency and output of an organization. On the same note, due to division of labor that has become the order of the day; many people...
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...
Customer Relationship Management (CRM) is crucial for running a business effectively and generating revenue. According to Kotler and Keller (2015), careful management of clients’ information and customer touchpoints can help increase loyalty. International Waters, Inc. (IW) has been in the hotel industry for two years; however, the company faces a...
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...
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)....
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...
Executive Summary Computer-based communication technologies became widely used with Internet connection getting easily accessible. Using these technologies requires only basic computer skills this is why they are popular among people of all possible ages. Computer-based technologies led to the emerging of social media, as well as social networking, instant messaging,...
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...
