11337 samples of this type
Introduction All modern organizations depend on other links of their supply chains. Maintaining stable and sufficient supplies has become a matter of survival for modern companies, and the resources dependency theory (RDT) examines this particular issue. It focuses on such aspects as limited amounts of materials and the manner of...
Differences Between Internet and Intranet Although both Internet and Intranet are used for generally similar purposes and are accessed through the same protocols, they have some drastic underlying differences that need to be addressed. While the Internet is a commonly accessed network available to anybody via the browser, Intranet is...
Introduction Reviewing the Statement of Cashflows for Hydrogenics Corp, each section of the cash flow statement can be discussed. It can be stated that Hydrogenics Corp’s net loss for the year has reduced from 2012 to 2013, generating loss from -$12,797 to -$8,908, which is a good sign. It is...
It is astonishing to find out that even in the 21st century, the workplace is still haunted by the issue of diversity. Working women, immigrants, people with disabilities, and parents of children under 15 years are still finding it challenging to navigate and establish themselves career-wise. Having a diverse pool...
The company under consideration, ROBoInc., experiences specific difficulties resulting from the improper organizational structure and culture. Due to their intention to expand the scope of business activity and the existing issues, global market penetration would be possible only in the case if the CEO solves all of the problems. Therefore,...
Introduction Information technology has emerged as an important concept that enhances and ensures the competitiveness of an organization in today’s global economy. The relationship between information technology and strategic planning was for a long time not viewed as important by managers and leaders in positions of authority. This was because...
Introduction Modern public companies are expected to file Form 10-K annually in order to report the specifics of their financial performance. This report is usually rather comprehensive and detailed to reflect what financial goals were achieved by a company during a certain period of time (Epstein, 2014). The purpose of...
Influence tactics can be used to affect the behavioral patterns of the subordinates, coworkers, and bosses. Pressure, ingratiation, coalition, consultation, upward appeals, exchange, and rational persuasion are among the most frequently used ones (Nelson & Campbell Quick, 2016). The efficiency of the tactics varies depending on the circumstances, personality type,...
Abstract Currently, every manager has many analytical methods at hand to identify the advantages and drawbacks of an organization and explore opportunities for further development. However, due to relative simplicity and sufficient effectiveness, lately, a SWOT analysis has become one of the most frequently used approaches. The primary aim of...
Introduction According to Chris Mittelstaedt, employee empowerment and collaborative teamwork are important elements to be considered when starting a company. His entrepreneurial path follows the need for change in his career life or business. His past professional background was instrumental when he began his company since he wished to treat...
Mining is considered a physically demanding and hazardous activity for its workers. More than a hundred years ago, it had high mortality and occupational injuries due to insufficient development of technologies and methods for ensuring operations security. However, numerous innovations and regulations have been introduced over the past 100 years...
Tourism is one of the most significant pillars of economic growth in numerous international economies. The industry accounts for 20.8% of the international revenue and 21.7% of the total employment before the COVID-19 pandemic (Aladag et al., 2020). However, the world bank’s recent report revealed an alarming situation caused by...
The Super Bowl season is a remarkable event in the United States that creates opportunities for people to spend more time together and for social marketing campaigns to be presented. The main marketing idea is to combine the importance of style and sport, and many companies promote their brands and...
Introduction “Project Management: the art of directing and coordinating human and material resources throughout the life of a project by using modern management techniques to achieve predetermined objectives of scope, cost, time, quality and participant satisfaction,” (Wideman, 2010). For efficiently managing a project, a methodical comprehension and absolute information on...
Introduction Working capital management refers to a business strategy aimed at monitoring and enhancing the use of a company’s assets and liabilities. Effective managerial activities ensure that a corporation has enough resources for its daily operations (Vazquez et al., 2016). The case study of Colorado Alternative Products (CAP) deals with...
According to Borkowski (2010) organization constantly faces numerous “external and internal forces” which require implementing various changes in the organization (375). To be able to react effectively to the constant changes the structure of the organization should match the services it produces. Thus, Borkowski (2008) points out that two theories...
These days, logistics presents an integral part of every large business, as it allows to increase the sales considerably. Therefore, the majority of companies invoke the warehousing approach, the contribution to profitability and efficiency of which cannot be underestimated. However, establishing proper warehousing systems and activities requires considering a wide...
The historical birth of logistics management and the progress to its comprehensive frameworks has given transport the likely boost in its development. Thus, the links that exist has made them inseparable with very thin separation lines to distinguish their individual advancements. Tseng, Taylor & Yue (2005) explain that as high...
Introduction An opportunity to achieve goals and objectives through adequate leadership decisions is an important perspective that many organizations seek to advance. Determination and self-confidence, in turn, are valuable traits that allow leading colleagues and coordinating the dynamics of the work process due to timely interventions and adjustments. At the...
Aviation security is achieved by combining information and response, the correct order of actions, and timely delegation of authority. Each air carrier is responsible for the welfare of passengers and the quality of services. Consequently, the creation of an Emergency Response Plan (ERP), which addresses customers’ security needs, is imperative...
Introduction People usually tend to spend their money on the items they are interested in trying or the goods they are confident about. The marketing staff of the firm has arisen the interest in the customers’ minds, which has contributed to the positive results of the company as a whole....
Guidelines to follow during negotiations The basic ones include: First detach the people involved from the problem at hand, recognizing those negotiators are human beings with emotions, have diverse backgrounds and viewpoints, and strongly held values. Secondly, focus on the interests rather than the positions held by each party. Particularly...
Expanding a company and taking it into the international market is a challenge that needs thorough consideration implemented by its strategic management division. This analysis typically includes assessing various commercial, cultural, political, and institutional factors that could impact the new operation. The purpose of this paper is to consider the...
Introduction A Corp. is conducting business with B Corp. under a “collaboration agreement.” B Corp. is able to promote the widget product and claimS that the trademarks are owned jointly. The agreement specifies that this form of collaboration is not a partnership, which means that Form 1065 is not being...
Heineken defines its internal environment by following behavior principles, which are respect for people and the planet, competition, and safeguard for its assets. The company respects the rights of people who work for them and ensures a healthy environment in the workplace. Heineken encourages employees to share their concerns in...
Teams are crucial building blocks in the organization structure that can increase productivity and cost-efficiency of a business. Effective teams initiate not only change and innovation, but also provide benefits for their members, including learning opportunities and personal rewards. A team is different from a group since it performs as...
It is evident that coworkers overreacted to the holiday card by reporting Yorick to the HR department. It is important to understand that the given individual is a foreigner with a different set of values, which means that he might not be fully familiar with the strict societal awareness regarding...
Introduction Leadership plays a crucial part in the proper functioning of modern society. People need leaders to communicate the goals and vision for errands and to help them achieve goals. One example of this is informal leadership, where individuals follow a person whom they consider credible or knowledgeable. Leadership is...
Root cause analysis (RCA) Root cause analysis refers to a method meant to determine the conditions that lead to an individual to experience feelings of emotional exhaustion, low feelings of accomplishment and depersonalization (Reason, 1997). Emotional exhaustion can be defined as the feeling of dullness that is experienced by an...
Goal setting. E-leadership goals are designed to provide employees with directions that are implemented electronically. E-leader uses information technology (IT) to change the attitudes, behavior, and performance of an organization and its virtual teams (Van Wart et al., 2019). In the digital workplace, the focus of the decision-making shifts from...
Laws and Regulations I will begin by introducing one of the main steps necessary for eradicating the problem of violence in the workplace in developing countries, which is the adoption of laws protecting workers’ rights and their health and safety. Abuse in the workplace is part of a systemic problem...
Productivity is calculated by combining the time used for creating something as well as materials to divide them later equally. Therefore, productivity refers to the rime needed for making something or the efficiency of ensuring that a job is done. Usually, it incorporates such components as labor, capital, and materials...
Organizations as entities are active participants of the communication process, which follows a specific set of patterns during the exchange of information and ideas. The research question is how organizational culture shapes the communication framework within an organization. The subject is significant because both for-profit, non-profit, governmental institutions strive to...
Personal Democratic Style of Leadership People have come up with different leadership styles to enable them to manage, motivate and direct their employees. The main style I use to lead is democratic or participative. It is because I tend to set parameters for work and make the final say on...
Wood kitchen industry had a strong revenue growth because of increasing growth in housing markets all over the world. Now imports have become the real threat for the wood kitchen industry. And the growth of this industry is purely dependent upon the housing market. (Wood kitchen cabinet and countertop manufacturing...
Assessing organizational culture is an essential step prior to the implementation of practice changes. In order to evaluate my organization, I selected the Organizational Culture Assessment Instrument (OCAI), which is a proven instrument of culture assessment (Cameron & Quinn, n.d.). The tool involves a set of statements designed to evaluate...
Toyota has strategically made its way to become the world’s biggest car company. Toyota’s grip especially firm grip of the US and world car market came through capitalizing on rival’s weaknesses e.g. GM and expansion programs in China and other emerging markets around the world (Maynard and Tabuchi, 2010, p.1)....
Working in a group is vastly different from working individually. A personal goal becomes a shared goal, and a new layer of processes and mechanics appears. This is what happened when our study group was formed. We had to realize the importance of goal setting, the hardships a group faces,...
It is safe to say that the staff is a crucial element of any organization. This statement is relevant for both local small businesses and transnational corporations. The hiring process of inexperienced and experienced employees determines the company’s future performance, and hiring both of these groups has its benefits and...
Customers are at the heart of any successful business. Therefore, if you want to survive and prosper in a competitive environment, you should be excellent at meeting your customers’ needs. However, how would you know who your customers are and what needs they have? Consider creating a buyer persona,...
Marketing Campaign Concept The concept of a marketing campaign for Oral-B electric brushes is to expand the number of buyers by reaching people interested in innovative technologies that can improve their daily life. The product will be presented as innovative rather than health supportive. The target audience contains middle or...
Healthy Cola has been recording profits for the last five years in the US. The management believes that the next critical step is for the company to become an international brand. The idea behind this suggestion is based on adverse market research conducted in the last six months. In particular,...
This memo is intended to advise the Kitchen Aids Chief Finance Officer on the Revenue related to the cordless mixers sales. Since there are many customers of the cordless mixers, there are several information concerning the selling of this product to retailers and consumers. The advice herein emphasizes that the...
The classic clothing brand Marks & Spencer resisted for a long time to fully enter the modern digital world. Until recently, something from Marks & Spencer could only be bought in the store itself or on Amazon. A few years ago, the company finally created its website, which was the...
In many industries today, companies are shifting downstream, meaning that they make downstream activities the drivers of value creation. At that, upstream activities such as sourcing, production, and transportation are largely outsourced within the domestic countries or overseas, with the latter becoming ever more popular. The reason behind focusing on...
Introduction Headquartered in Leverkusen, Germany, Bayer AG is one of the largest life sciences companies, and it was founded in 1863 through the partnership of Friedrich Bayer and Johann Friedrich Weskott. The company has a wide range of products covering areas, such as pharmaceuticals (prescription drugs, specialty therapeutics, and radiology),...
The unification of information resources within Apple inevitably leads to the formation of an information space, the basis of which are corporate or territorial information systems. An information system is a complex of computing and communication equipment, software, linguistic tools, and information resources, which ensures their collection and storage. Actualization,...
As a rule, a group goes through five stages of development before becoming a team, each of which implies its functions and goals. The dynamics of the group’s behavior and development changes as it moves from one stage to another, and it requires different actions for greater efficiency. The team...
Marketing has altered much in recent years, as technological progress allows for more comprehensive ways of delivering information and motivating people to purchase goods and services. Digital marketing provides numerous advantages, which include various ways of interacting with consumers, collecting feedback, targeting specific demographic groups, and integrating advertisements in content....
Businesses are interested in the most effective outcomes of their operations and desire to receive recognition and popularity on the market. For this reason, they learn to apply the concept of marketing and hire educated professionals who help them on this matter. Marketing is one of the most essential topics...
It is not a secret that effective management is essential for a successful operation of a group, organization, or company. While being able to implement appropriate influence and power tactics, administration can create a positive working environment that will contribute to employee satisfaction and productivity. Therefore, the following paper will...
Introduction The hospitality sector has the potential to realize my lifelong aspirations. I have always been fond of cooking and preparing meals. I would like my career to let me sharpen my culinary skills and improve communication with customers. I don’t want to work for somebody else as I value...
Case details This case revolves around Takata, a Japanese car parts supplier, and its former chief executive Shigehisa Takada. A crisis occurred due to the faulty airbags supplied by Takada’s company that could explode with more power than needed, hurting and even killing the people inside the car (Chen, 2019)....
Introduction The client, Isaac, is planning to start a new venture that will import German chocolate into Canada and sell it. The firm AlpenChoc, which specialises in handmade artisanal chocolates, is prepared to sell him seven-year exclusive distribution rights in the country. As such, he can leverage this advantage to...
In general, employee turnover may be defined as the number of the organization’s members that leave it within a certain period. If a company has a high staff turnover rate, a substantial number of employees regularly quit their job. In turn, a low employee turnover rate implies the organization’s comparatively...
Introduction Businesses often experience multiple changes necessitated by changing environmental and technological factors. Most organizations rely on websites and the Internet to reach out to new markets and clients worldwide. Therefore, the need to expand business operations on the Internet led to the development of powerful and complex servers that...
The rhetoric of the Text (The Author) The article is written by Robert A. Miller, a Professor of Law and Management and a recipient of the Excellence in Teaching award. A footnote states that the author’s main research area is business ethics, entrepreneurship, and law. Miller has also written at...
Introduction The skill of interpreting financial statements is just as important as preparing them. Accounting is a language used to describe the economic activity of a business unit. Many questions have been asked as to whether or not the best way of describing economic performance is to use figures in...
Introduction Many multinationals have been seeking better ways to expand their businesses further so as to increase profitability. For those companies that have different businesses within the same group, individual managers have been put in charge to oversee these operations. As a matter of fact the management has used different...
Introduction In business and finance, many ethics issues are controversial and require detailed consideration. The common ethical violations may involve insider trading, project financing, or stakeholder interest (Hunjra, 2018). The case study of Cyberchamp Inc. presents an assistant finance manager Olive Earle faced with a choice related to her decision...
Businesses contain multiple processes that lead a product idea to its sale: strategical planning, development, manufacturing, delivery, and overall customer experience. The strategy development stage forces a company or an entrepreneur to study their niche, decide if the product’s concept is in demand, plan its realization, and forecast costs and...
Malden Mills is a textile industry that flourished under the leadership of Aaron Feuerstein. In 1995, the organization was burnt down to ashes by a fire outbreak. The chief executive officer, Mr. Aaron did an extraordinary thing. Instead of laying off the 3,000 employees of the organization, he kept them...
Introduction Easy Shopping is one of the major regional players in the UK grocery shopping market. Between 2006 and 2009, EasyShopping has realised rapid expansion. Despite the company recent growth, EasyShopping is not able to challenge major grocery companies such as Tesco or Morrison. However, the managing director of Easy...
In this paper, I aim to reflect on “Confessions of a Sweatshop Inspector” written by T.A. Frank and published in Washington Monthly on April 1, 2008. The author talks there about his personal experience of working in a company that specialized in the field of “compliance consulting.” The text raises...
Introduction E-Commerce (Electronic commerce) is one of the recent and emerging internet services. E-Commerce is simply, the doing of commerce using Electronic Technology such as internet, or other computer networks. The E-Commerce comprises the activities such as selling and buying of the products through internet. Security in the E-Commerce is...
Introduction Assessing individual behavior in the context of influencing business outcomes is an opportunity to identify workers’ motivators. Based on the proposed scenario, the attitudes and job satisfaction of each of the four employees will be evaluated, and corresponding impacts on individual aspects of organizational performance will be given. Implementing...
It is impossible to make an organization function correctly if there is no list of the fundamental company values. In the period of the Talent Management changes (2003-2008), provided by the senior director of Maersk Group’s HR department and the head of HR, a significant meaning was attached to implementing...
Maintaining profitability while resolving ethical issues are some of the main challenges that companies face. In the given scenario, Orlando Rubber & Tire (ORT) needs to raise funds for its expansion plans and sees issuing new security characterized by both debt and equity as a possible solution to the issue....
Key Stakeholders R.E. Freeman in his book “A Stakeholder Approach”, defines a stakeholder as” a group engaged varied interests and participants, each of them may contribute and attain rewards as a result of activities of a company or business.” It is to be noted there is an interrelationship that is...
Introduction Automation is the technology used to perform a process with minimal human intervention. Automation is concerned with discovering methods of increasing productivity, reducing idle time, cutting waste, and improving product quality. Nowadays, producers in every industry are active users of various software systems, aiming at the efficiencies of substitution...
Introduction In the present day, Nike may be regarded as one of the most well-recognized international companies all over the world. Originally called Blue Ribbon Sports, it was found by a track athlete Phil Knight and his coach Bill Bowerman in 1964 (Ahmed, et al., 2016). Over the past decades,...
Background Information Hilton Hotels & Resorts is a global brand of luxury and full-service hotels operating in multiple countries around the globe. The company accounts for more than 215 thousand rooms in 85 countries and areas across six continents, including Australia. In Sydney, the Hilton Hotel is located on 488...
Introduction In every organization there comes a time that not so easy decisions have to be made. It is at this time that the responsible people in that organization have to consider their steps carefully. Risks and uncertainty form the basis of either failure or success of every business. some...
The Flower Fairy Tale is a small business startup, which was established this year. It presents a luxury flower boutique, which differentiating feature is supplying a variety of designer bouquets. The core audience is considered to be the people with upper-middle and high income. At the moment, there is only...
Introduction The purpose of this essay is to analyze the increasingly popular concept of servant leadership and to show in what way followership contrasts and at the same time complements it. The attitude to leaders in various spheres has changed dramatically, as young generations tend to be motivated by the...
Executive Summary This report highlights some of the problems facing The Community Festival to warrant a need for change. The agency has poor and weak organizational structures, and this aspect is affecting the way it is run. The top management, including the supervisor and the Board of directors, has failed...
International strategy generation implies making a subjective decision based on objective facts. In other words, every company needs to decide what will benefit it as it taps into foreign markets, taking into account factors many of which are unchangeable and unmodifiable. In this sense, a strategy can be defined as...
Most entrepreneurs would desire to expand their businesses beyond their boundaries and across the world. The European Union is one of the bodies that govern international businesses. It is a multinational organization that regulates economic activities in Europe and countries that are a part of the European Union. Global expansion...
To build an effective segmentation model, it is important to answer several questions related to potential clients and investors. Which distinct groups of customers and investors can be defined based on their specific features? What are the needs of each customer or investor group? What are the media consumption habits...
Introduction Let us begin by finding out what is Congestive Heart Failure (CHF) and Atrial Fibrillation (AF) as well as their main causes. According to the American Geriatrics Society (2003), CHF is a cardiovascular condition that is common in older people, and the ailment increases considerably with age. American Geriatrics...
Executive Summary The case “Berkshire Industries PLC” gives a detailed examination of the situations that led to the introduction of a new incentive plan capable of meeting the demands of both workers and shareholders. The company had grappled with various challenges before, such as the ineffectiveness of the original reward...
This article explains how environmental scanning is used to position the company in the market.There is a connection between environmental scanning and organizational culture. According to the article, various sources are used to provide information for scanning. In carrying out environmental scanning, issues such as political, economical, social, technological, legal...
Introduction The word ‘outsourcing’ gained popularity in the information era though the activity was undertaken by many traders and entrepreneurs from time immemorial. Though the word is used to connote different meanings generally, outsourcing literally means sub-contracting an assignment to a third party. Mainly it is between organizations that assign...
Introduction Global trade increases sales and profits and puts the name of the brand on the worldwide market, which makes it extremely attractive for domestic businesses. However, there are a lot of different factors to consider and evaluate before going globally with the company. Main body International marketing is a...
The development of advanced technological means of communication, data gathering, and data analysis tools is having a significant effect on business. The ease with which previously impossible amounts of data can be collected and analyzed allows organizations to conduct market and consumer research on an ever-increasing scale. Furthermore, new instruments...
The Executive Excellence Awards is the annual leadership event that recognizes executives who have guided their companies to success with consistent and extraordinary leadership. In 2016, Seattle Business magazine honored 14 local business leaders with “Executive Excellence Awards” (Truzzi, 2016). I enjoyed all the brief stories describing those leaders’ efforts...
Product delocalization, also known as outsourcing, is an essential business tool and concept that has been existent for the past 75 years. Most multinational companies (MNCs) prefer outsourcing on a small to large scale level due to a variety of reasons. However, the most common ones include the availability of...
Introduction Effective communication is essential, especially if one is a front-line supervisor who has to engage with many people. Front-line supervisors handle staff members, facilitate them, and resolve various among them. Sometimes front-line supervisors also communicate with customers, although the circumstances of such interactions may not be favorable. The sheer...
The medical institution described in this essay is an assisted housing facility for adults with mental illness disabilities. As an establishment that provides housing and support for people with various degrees of therapy and medication needs, the facility faces numerous risks associated with dangerous patient behavior, infections, and medication. This...
Introduction The purpose of this paper is to find out determinants of CEO SALARY. The main findings of the primary the data were interpreted and turned into information by using SPSS and excel quantitative methods software system jointly. Statistics in clients’ survey A total of 300 questionnaires were sent to...
Introduction Facebook is an industry leader in technology and social media. Occupying a management position in such a company means having to deal with many complicated challenges. One of the most critical present-day challenges is posed by diversity, which includes differences in race, gender, age, culture, and functional background. A...
Introduction Change is necessary in the evolving business world, but only effective management leads to success. In my view, the likely root cause of Acme corporation’s organizational issues (increased turnover and decreased profitability) is ineffective change management by the HR function. The disagreements and strategy deficit at the senior leadership...
The mistreatment that employees’ representatives exposed to laborers had existed for a long time. The workforce used to battle to guarantee themselves freedom from unhealthy working conditions and ensure that they profit on their job. Recently, benefits and compensation in the working environment have become an inherent and essential part...
Compounding In scenario 1 and 2, the future value is calculated using the following formula (Heyford, 2019): Future value = Present value (1 + Interest rate)Number of years compounded However, according to Heyford (2019), in scenario 3 and 4, the future value will be calculated as: Present value = Future...
Abstract A proper Product Development System is key to higher profit and better resource management. The system is basically an active control program through which all the three aspects of business i.e., sales, purchases and business. Introduction of IT enabled grid technology would bring a new era into the process...
Compared to the company mentioned in the text, one of the best examples to oppose such demand elasticity might be Wal-Mart. The key reason for such comparison is the mogul retailer’s initial impact on smaller firms that get careworn under the influence of natural sales generated by Wal-Mart (Allgrunn &...
Concept testing is vital for making effective decisions that will improve a given organization’s performance and competitiveness. However, concept testing is often reduced down to marketing a finished product and getting “an initial reaction from customers before committing substantial funds to the product” (Cianfrone, 2019, p. 3). This marketing-oriented concept...
Nowadays, it is hard to deny that companies tend to use various marketing strategies to draw customers’ attention. Greenwashing is considered to be one of these ways, which implies that a company confuses a customer by creating an image of an ecologically-oriented organization. Cause washing, in general, is a modern...
Introduction History/background. Nike, Inc. appeared as a venture in 1964 when its current competitors, Adidas and Puma, were already dominating the sportswear market (Verbeke et al., 2019). Phil Knight and Bill Bowerman were the founders of the venture and initially aimed to develop high-quality running shoes. After becoming the leading...
Abstract As firms are increasingly focusing on core competencies, there has been a growing interest among organizations to outsource a broader gamut of logistics services. The logistics fraternity is evolving innovative models tailored to meet end customer solutions and adhere to channel wide requirements in the supply chain network. Conceptualizing...
A keen commitment to identifying a strategic marketing concept based on an analysis of the current market environment led us to settle on the concept of selling second-hand items. These could include books and other materials with competitively tailored prices to enter the market. Specific target customer audiences were projected...
The notion of strategy has been in-depth studied by many business leaders and scholars since understanding this concept is one of the fundamental prerequisites to the success of any organization. Herewith, although experts still debate about the meaning and necessary conditions of its effectiveness, the majority agree that strategy primarily...
The Concept of Business Cycles Business cycles represent the natural change of economic development stages that reflect the external environment influencing a company’s activities. In this case, a cycle consists of several periods: expansion, peak, recession, depression, trough, and recovery. These events can be easily traced on the example of...
Gathering information about social media users, their preferences, demographic characteristics, and other features for advertising or maintaining competition is a natural phenomenon in today’s marketing environment. The more successful a website integrates targeted promotional materials, the more profits owners can generate. Regarding the ethics of this practice, the key issues...
Recently, information leaks have become more frequent in our company due to the improper use of social networks. Unfortunately, this is often the fault of employees who spend too much time on the Internet and post too sincere texts. First, it leads to a decrease in productivity at work, and...
Orientation The oil and gas industry is a significant contributor to the global gross domestic product. In 2019, the sector yielded $86 trillion, which is 3.8% of the total GDP of the world (What percentage of the global economy, 2020). The business is conducted by firms that are specialized in...
Business and government are main spheres where legislation and regulations must be followed in all conditions. The regulatory environment in the business sphere is usually provided by the government acts and laws, which are impossible to violate. The Constitution of every country must have the part, which regulates the business...
Although organizations aim at making a profit, there is a need for them to act and do business in a way that accounts for the societal as well as environmental impact shaped by the business, this concept has been dubbed corporate social responsibility. There are several examples of CRS undertaken...
Introduction The financial scandals occurring in the late 1990s and early 2000s clearly show that the accuracy of financial statements and information of the company is an issue that cannot be overlooked. In that regard, the decision of relying on the financial information provided from within the company by their...
The company’s problem in this particular scenario is twofold, as it combines business and ethical aspects simultaneously. From a business perspective, the company suffers from a high turnover rate, as its employees usually leave after six months to a year of employment. The main reason behind this tendency seems to...
The gambling industry has become a major source of income for many local governments in Canada. Some people think that it is unfavorable for governments to operate casinos and lotteries. They suggest that private organizations should conduct business while governments should only work on collecting taxes. Churches consider gambling to...
The period of financial crisis made specialists of all spheres to deepen into the most problematic issues and develop all possible ways out. The aspects of ethical issues in the accounting field is closely interacted with financial changes in the banking system. Such issue as ethical standards in accounting has...
Introduction In a fast-paced business environment, it has become a necessity for organizations to come up with strategies to improve service delivery while reducing operational costs. Business process reengineering has to do with identifying, analyzing, and redesigning an organization’s major business procedures with the key aim of increasing or improving...
Introduction The use of steel shipping containers in the manufacture of housing is becoming increasingly widespread due to the functionality of such buildings and their valuable technical characteristics. In the example of the Australian market, the positioning of this product will be considered due to the appropriate analysis of the...
The concept of expansion has become the leitmotif for most companies’ business strategies in the modern economic setting. The rationale behind the focus on expansion is quite obvious since a larger organization with stronger links across the globe has greater chances of remaining sustainable and keeping its competitive advantage over...
Company and its business The company selected for review in this paper is Starbucks Coffee Company. It is one of the leading international coffeehouse chains based in Seattle, Washington, the U.S.A that was established in 1971 by three partners to sell high-quality coffee beans and machinery. Over the years the...
Introduction The implementation of the strategic plan is a matter of great importance as it is the facts which decide the success or failure of a strategic plan. In order to ensure that the strategic plan is effectively implemented, the concerned people must have clear understanding of the plan and...
The example of the business case concerning IBM and Niels Jensen is a controversial one. There was a brochure – a written proof of the work proposal and a conducted deal. What is more, a quota letter can help during the case investigation. The case deals with unilateral contracts –...
It goes without saying that organizational whistleblowing may be regarded as the substantially disturbing phenomenon of contemporary business operations. Whistleblowers are the company’s employees who report unethical, inappropriate, or illegal behavior discovered at work “that is contrary to the rules or social values shared within the company” (Devillier, 2016, p....
Middle East The Middle Eastern business culture is substantially different from the Western conception, which can complicate the adoption of an American approach. Per Browaeys and Price (2019), it is heavily centered on family, with a large share of MENA enterprises owned and operated by them, and reputation, which takes...
As part of the attempt to maximize the utilization of resources, companies have invested in research of methodologies of minimizing resource consumption while sustaining the level of output. Toyota was among the first companies to devise such a strategy. This paper will discuss the Toyota Production System and how it...
Summary Strategic management is an essential element of an organization that aims to analyze its external and internal factors affecting performance and sustainability. To thrive in a fast-paced business environment, corporations must understand different forces that influence production, financial growth, and societal cohesiveness. This essay delves into the specific processes...
Numerous factors have all the power to influence the decision-making process of customers. While millions of people believe that the choices they make regarding different services or goods are rational, the reality is that individuals are driven by emotions determined by environmental factors. The first vital aspect relevant for the...
Introduction Founded in 1986 by a software supplier in the oil and gas sector, David Cook, Blockbuster LLC remained the biggest video-rental chain in the United States for decades. At the pinnacle of its popularity, Blockbuster had 9,000 stores across the country and employed almost 85,000 people worldwide (Ash, 2018)....
WeWork is among the leading share-workspace company in the world. It has been showing a positive rate of growth since its inception. However, in recent years, poor governance and financial performance have been a major concern, which led to the postponing of its IPO. The investors realized that the organization’s...
Professionals in many different fields, ranging from social scientists to schoolteachers, pay much attention to leadership. Without any doubt, it plays a significant role in the 21st century. According to Achor et al. (2018), only 5% of people rate their current jobs as highly meaningful. At the same time, 95%...
Introduction Modern internet marketing and online retailing have changed the way companies sell and deliver goods. Customers today demand fast and quality service, and companies are forced to meet these requirements to maintain a competitive position. However, many online retailers, especially those with a small work scale, cannot offer fast...
This post demonstrates how e-commerce growth depends on various external factors. The pandemic situation proved that the Internet plays a significant role in the life of modern society; it is an essential channel through which many companies run their business. For example, in developing countries, the virus outbreak led to...
The current mission of the Atria West 86 Retreat Stay is to provide its customers with the greatest range of opportunities for relaxation and introduce strategies for maintaining their safety, as well as physical and mental well-being. By booking a room at Atria West 86 Retreat Stay, one will receive...
Apple Inc. has been holding one of the most significant portions of the IT market for years due to the innovative vision of its founder, Steve Jobs. Although he passed away, the firm was able to keep its top position in several markets, outperforming most competitors. Since 2007, the mission...
Summary The focus of this case was on a remote check-in service for airports, which was focused on applying the concept of lean philosophy to the customer experience. Examining the consumer experience in the context of lean philosophy, it was important to understand expectations, map the value stream, and create...
Business model innovation is associated with the development of an essentially new approach to building business processes and commercializing a company’s products. Thus, in the context of this concept, a business model itself but not a “product or service becomes subject to innovation” (Spieth & Schneider, 2016, p. 672). Still,...
Google and Microsoft are major multinational technology companies, together with Amazon and Apple they constitute four ‘Tech Giants’ – corporations which dominate the information technology sphere. While Microsoft and Google have similar business models, it might be relevant to research the differences in their functioning. Microsoft was the first company...
The first task of the new Director of Food and Beverage is to choose a concept for a new outlet: either a fast service restaurant or a French fine dining restaurant. Both ideas have certain advantages and disadvantages for the Marina Bay Sands resort. A fast-food cafe may be a...
Higher Professional Level Acknowledgment I am thankful to many of my colleagues and professors whose help led to the paper submission. I want to thank my tutor for recommendations, research support, and help in organizing the paper, and to the management staff of the organization, I am working with. Executive...
Introduction Internal control is a process that is put in place by the organization’s authority and structure which is supposed to be flowed to help the organization accomplish the set goals. Internal control helps improve or manage the organization’s risk and capital requirement. This results in better management skills and...
The oil industry works with one of the most expensive commodities in the world, and it includes a few large companies. Royal Dutch Shell is among them, being the top producer of this resource globally. The company has a long development history that implies a few modes of entry in...
Unions are an essential agent in helping a company to ensure that the rights and needs of its employees are met. Therefore, increased safety of staff members and greater trust in relationships between employees and the company can be considered the key characteristics of a unionized setting. Rights of the...
In the contemporary business world, companies are constantly trying to advance their operations and achieve important goals and objectives. However, while being focused on their successes, organizations should not forget about people who have a direct influence on them – employees. In order to provide the best outcomes, professionals should...
Abstract The paper investigates the Coca-Cola Company’s strategic, marketing plans, and identifies growth opportunities. Coke is a worldwide manufacturer; therefore, it presents a great interest. The research presents a precise study of various aspects of the company. There are SWOT, benchmarking, marketing analyses that help to identify areas for improvement....
The US, similar to several other developed countries, is currently experiencing an increased rate of the elderly population. Older people require specialized treatment, as most of them have various chronic illnesses. Nevertheless, the increased need for special attention has created a great business opportunity for nursing and residential homes. Residential...
Health personnel turnover determines the deteriorated working conditions for employees and the decline in the quality of services. The industry is unique in that the team faces stress and increased responsibility daily. Therefore, creating a motivational strategy should occur by identifying group needs and values and efforts to satisfy them....
Introduction There are several similarities between the 4Ps marketing approach and the value perspective. Both value and 4Ps market approaches aim at related objectives in the market growth and development for the organizations’ products and profit maximization. In both techniques, the initial commodity is manufactured as per customers’ demands and...
Introduction Ethical issues are encountered by all health care professionals and organizations in their everyday practice. Codes of ethics are a set of rules and norms of behavior regulating the external manifestation of the relationship between employees, providers and patients, their relatives, and other parties (Cocks, 2016). The purpose of...
Often, advertisements use unethical messages to attract buyers. The most common practice is the use of gender biases. These biases are systemic since there is an inherent tendency to favor one side of the human or social system in such ads. This question is important because ads target personal assumptions,...
A strategy defines a company’s long-term business plan, which helps it execute its mandate based on prioritizing the goals and responsiveness to market demands. In essence, these tactics begin with a one-step identification of the market for a product in an industry. The company then begins to recognize the ways...
Integrated Marketing Communications The Big Idea The Apple Watch features activity tracking capabilities introduced by other wearable technologies such as the Fitbit, Jawbone Up, Nike + Fuel band, and so forth. However, the Apple Watch will be compatible with the iPhone. With this seamless integration, the watch can receive phone...
The National Center for Healthcare Leadership (NCHL) seems to provide a significant mission and vision statement. In this statement, NHL claims that it is a non-profit organization that aims to improve the overall healthcare system by appealing and implementing the best leadership practices. Such an approach makes those getting acquainted...
Introduction Leadership style is defined as leaders’ distinctive behaviors which they use to direct, encourage, monitor, and manage groups of people. Effective administrators inspire their followers to become innovative, more productive, and creative. However, there are significant differences in the manner in which people lead, and researchers have developed various...
Introduction Justice and its relations in all aspects of society, including the behavior of individuals in organizations and all the consequences arising from this behavior, have recently attracted the attention of researchers. Justice has various forms and types of manifestation, and one of these forms is organizational justice. Observance of...
