Financial Accounting Standards Board Update No. 2011-05

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...

Document and Workflow Management

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)....

Compliance vs. Ethics Comparison

The fact that ethics and compliance are commonly confused demonstrated that they are close in meaning, yet there is a vast difference. As for me, the distinction between these two words seems to be in the fact that compliance rests on a pragmatic basis, while ethics is social and intuitional....

Risk Management for Non-Financial Companies

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...

Successful Business Performance: Key Factors

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...

Computer-Based Communication Technologies and Their Influence on Business Communication

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,...

Activity Based Costing: Key Aspects

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....

Bolt E-Commerce Operations

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...

Five Areas of Effective Task Management

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...

Pevensey PLC: Report About Buying Machine

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...

Sangria Restaurant: Business Proposal

Introduction Food is a necessity that cannot be shunned in human for the purpose of good health, vitality, and survival. Hence, a business that its main product is food will succeed under the right business strategy and marketing plan since eating food is inevitable. Sangria restaurant will be a food...

Financial Statements: Strategic Management Concepts

Financial statements are defined as formal records describing business activities and financial performance (David, 2013). Financial analysis is a tedious but necessary task: the survivability of business depends on the decisions many of which are driven by the information found in financial statements. Formal records are useful for projected financial...

Negotiations: Strategy and Tactics

Introduction In a narrow sense, negotiations should be examined as one of the methods of alternative dispute settlements. However, in a general sense, it means communicative between parties for achievement of an objective on condition of equality of these parties. The aim of this paper is to reveal the nature...

Marketing Research for Wine Industry

Introduction The wine market is an extremely promising industry in the United States. However, the industry has faced some challenges lately as it transitions from personal to online sales. In particular, there will be a need to keep the seasonal surge in demand for wine sold online shortly. Besides, the...

Tropical Juice Manufacturing Company Brand

Tropical juice manufacturing company is an institution involved in producing and processing freshly blended fruit such as mango, passion, apple, among others. The firm produces a non-alcoholic beverage made from original tropical fruit rich in nutrients and vitamins essential in boosting the body’s immunity (Anjum et al. 2). The brand...

The Challenges and Roles of Leaders in the Groups

Leading a group is something that requires an individual to apply many leading skills. Some people are naturally born as leaders but others acquire leading skills with time. Whether an individual has received formal training in leadership skills or not, the most important thing is that every good leader must...

“The Purchase Decision in Pension…” by Gough and Nurullah

Introduction The purpose of this paper is to provide an analytical review of the article, “Understanding What Drives the Purchase Decision in Pension and Investment Products” authored by Gough and Nurullah (2009). The business article is peer reviewed and has been published by the Financial Services Marketing journal. The article...

Organization in the Work of an Early Care Worker

I think that the article “Expanding the Lens” presents a well-thought-out perspective on the importance of organization in the work of an early care worker. Organization, according to the author, encompasses the values and beliefs held by the members of the organization, and their existence influences the way an organization...

Private Equity in the Business World

Introduction In today’s business environment, capital happens is regarded by many as one of the most important resources (Padget 2011). One way through which companies are able to finance their business ventures is through private equity (PE). According to Snider and Howards (2010), private equity is treated as capital drawn...

Qualitative Research on the Gender Perception of E-Commerce

Research methodology The research methodology that will be chosen for the research proposal will be phenomenology. It refers to the narration of experiences in the perspective of the first person. Phenomenology best reflects the research topic because it applies the aspect of first-person narration. To identify the relationship between the...

Analytical Review of GASB and FASB

All types of organizations are required to furnish their accounts and make them available for external users who may be interested in the well-being of these companies and decide about their investments and associations with them based on information provided to them in the financial statements. Whether an organization is...

G4S Company’s Strategies and Opportunities

Strategic risks are likely to be the leading class of risks for G4S in the coming years. It is therefore imperative that G4S take advantage of this risk and turn it into an opportunity. To begin with, change in technology is unavoidable. It can be an opportunity for a multinational...

Benefits and Drawbacks: Economist and Mathematical Statistician

Introduction Nowadays a person needs not only knowledge of sciences, but also the ability to communicate with people. The work of an economist and mathematical statistician is similar since their job is to properly prioritize and set goals to maximize profits with the least loss. The purpose of the report...

Art Careers and Small Businesses Through Crowdfunding

Crowdfunding allows entrepreneurs and artists to kick-start their careers by providing an alternative pathway to raise funds. Usually, entrepreneurs go through the traditional venture capital model by finding potential investors. However, finding the sponsors can be challenging if the project appears too high-risk or abstract. Similarly, the commercialization of art...

Developing a Firm’s Positioning Strategy

Schildge offers an adequate positioning strategy as a concept of marketing for developing and planning a company’s direction. It is useful not only for starting a business but also for existing long-term ones. Implementing a positioning strategy as part of the firm’s marketing would profit companies in the long run....

Perisher Blue Pty Limited: IT Strategic Plan

Executive Summary The main objective of this final report is to prepare an IT strategic plan for Perisher Blue Pty Limited. Australia’s biggest and most popular ski resort Perisher Blue was established in 1995, which provides alpine runs, cross-country skiing, valley and bowl skiing, snowboarding classes, snowboard equipment, clothing, jewelry...

Innovative Business Models in Contemporary Settings

All the companies strive to acquire the secret of success. In that matter, each particular business has its own secret of success. Thus, businesses require simple models, which will allow understanding and implementing the factors for success. In that regard these models should also be innovative, where models focusing functionality...

Human Factors in Project Management

The term “human factors” encompasses the various influences on the project that its participants can have. In some cases, they will be positive, such as creativity or motivation, which can drive performance beyond expectations. However, in other situations, they will have an adverse effect, such as when team members engage...

Drug Release: Ethical Dilemma in Pharmaceutics

Introduction A moral issue has emerged as to whether a pharmaceutical company has to release a new drug or not. This drug is thought to be an effective treatment of chronic and severe depression for thousands of people suffering from the condition. However, the company is confronted with a dilemma...

Demand Forecasting and Its Benefits for Business

If a breakfast cereal company wants to introduce a new product in the market, it is reasonable to invest in forecasting demand. Here, the company should choose between quantitative and qualitative techniques. I would recommend using a simple moving average and market research approaches because they are suitable to present...

SWOT Analysis of Škoda Company

The key weakness identified by Škoda was that the company is unable to fit into a fragmented and highly competitive market with its current brand perception in the general public. Market shares for Škoda are small, largely due to the fact that their reputation did not grow a sufficient amount...

Heineken Industry Evaluation

Heineken is a global business as it produces beverages for Europe, North and South America, Africa, Middle East, Eastern Europe, and the Asia Pacific. Heineken’s main strength is brand diversification, aimed to meet the customer’s tastes (Gaspar and Massa 9). Its main weaknesses include currency fluctuations and poor margins as...

Role Play on Conflict Resolution

Background Conflict resolution within an organization is one of the most critical leadership skills that fosters cohesion, enhances work relationships and improves the overall outlook of products and services. In the role play, it is evident that organizational leaders look at employees in a holistic way by providing the correct...

Rolls-Royce Motor Cars in Singapore

In the 21st century, due to the undeniable globalization processes, it seems normal when companies become international and open their filial not just in other countries but also in distant regions. The economic stimulus for this internationalization is endless: they vary from diversification of markets to incentives for the local...

Transitional Leadership Role in Teamwork

Abstract Nurses and clinicians are required to collaborate, engage one another, and solve most of the problems recorded in their clinics or workplaces. The concept of teamwork has gained prominence in the field of healthcare since it allows such professionals to provide timely and personalized services to more patients. This...

Observational Methods to Research the Student Experience

The main idea of the observation method is to watch at the setting, participants, and the situation and to present the results of this in the separate section of the research (Patton, 2002). Creswell (2007) is sure that the main strength of the observation is that watching at the situation...

Risk Management: Various Insurance Types

Introduction The relations between human beings within the society have always been associated with danger and risk irrespective of the fact whether these are social, political, or employment relations. The progress of the mankind has resulted in the progress in the area of fighting the risks arising from these relations...

“White Collar: The American Middle Classes” by C. Wright Mills

The topic for this week is dedicated to economics, workers’ alienation, and conformity. The first article I wish to summarize is “White Collar: The American Middle Classes,” written by Mills (1951). This article concerns the research that Mills (1951) conducted about the role of the middle class in American society...

ViaBela: Online Buying Cite Research Proposal

Introduction In the 21st century, there has been an increased use of the Internet to access information, trade, interact and communicate among different classes of people; people have different uses of the Internet, for instance, in modern colleges, the use of the Internet as a learning aid has taken center...

Management of Production Costs

The development of the world economy poses new challenges for various manufacturing businesses. In order to avoid financial crises, present-day companies need to elaborate a management plan to adjust their activities to shifting conditions (“7 essential features,” 2018). However, such a complex process implies the change in production costs as...

Aldus Corporation’s Marketing Strategy

Introduction This report examines the marketing strategies as applied in Aldus Corporation. The corporation operates in the computer software development industry since its establishment in 1984. In spite of the successes that the firm initially enjoyed, changes in the business environment led to reduced sales revenues hence need to change...

Capital Budgeting of New Heritage Company

As can be seen from the described cases, New Heritage is continually developing new projects in various areas. This allows the company to develop, interest the audience, and attract new customers. These projects relate to different areas of the company’s activities, such as creating new lines of clothing or the...

Net Present Value, Estimating the Future Net Cash Flows

Net Present Value (NPV) is used for estimating the future net cash flows of the project. For computing NPV, all cash inflows and outflows of the project are projected and then they are discounted back to the present date using a suitable discount rate (Ross, Westerfield, & Jaffe, 2013). The...

Systems Approaches to Management

Managing change is one of the difficult activities that many organizations come across. The change that occur because of diversity and technology advancements poses numerous challenges as the majority of them may not have implemented sufficient strategies for dealing with it. However, the US Army has implemented several approaches for...

Operations Management of a Care Facility for the Elderly

Introduction Any institution dealing with provision of care to dependent elderly persons should ensure that its strategies are broad enough to cover the wide range of needs of the elderly. In order to ensure quality service provisions in elderly care institutions for the aged, it is important for the management...

Green Logistics Importance

Introduction The importance of green logistics as a new scientific direction in supply chain technologies has recently acquired significant interest among academic researchers. The core aspects covered by the aforementioned inquiry include the use of cost- and resource-saving technologies that are equally important to supply chain optimization and environmental security....

Sales Forecasting: Guillermo Stores

Introduction Budgeting, therefore, takes into consideration various factors to come up with an appropriate forecast. For Guillermo furniture to produce correct sales estimates within its forecast budget, it s needs t to consider the factors affecting its production including the competitor’s possession of advanced equipment, and the ethical considerations which...

Role of the Reinforcement Strategies

Employee productivity and performance rests on motivational approaches and reinforcement strategies towards achieving organizational goals. Extrinsic rewards relate to the positive outcomes of a group or individual’s productivity in a work setting. John and Leavitt (2001) argue that these rewards reinforce the emotional attachment of an individual or group to...

Essential Hardware Upgrades for Successful Business

Introduction Regardless of the sphere of entrepreneurial activities, investing in high-quality hardware products and equipment is essential for the business’s successful start and subsequent development. The majority of hardware types make business operations run smoothly with little or no glitches. The administrative functions and business management are streamlined by the...

Risk Recognition, Measurement, and Management

Context Any multinational firm having exposure to international transactions and investments has to denominate the sales revenue and costs denominated in equivalent home currency. In that case, the firm is bound to be exposed to fluctuations in exchange rates. The calculation of the impact of the changes in the foreign...

Using Big Data and Predictive Analytics to Modernize Government Operations

Introduction At the beginning of the 21st century, the development and global spread of Internet communication technologies in modern states led to the emergence of an independent virtual political communication space with its principles of functioning. The introduction of new types of political communication influences the processes of interaction between...

Base Rewards on Job Performance

Introduction Reward systems are directly associated with job satisfaction and performance at the workplace. Satisfied workers are more committed to their tasks and in achieving organizational objectives. Dissatisfied employees lack the right motivation to task performance. Job satisfaction is exhibited in individuals’ attendance on duty and the motivation to go...

Strategic Management Techniques and Tools in Healthcare

Introduction Strategic quality management plays a fundamental role in the development and implementation of organizational plans. Healthcare leaders have an essential duty to determine crucial tools and techniques that facilitate the progressive execution of projected ideas. In this sense, promoting patient safety is the primary objective of healthcare practice, especially...

BHP Billiton and Telstra Corporation

Introduction The portrait of the two famous Australian companies have outlined in this paper considering the importance of their WACC (Weighted Average Cost of Capital) and financial risk management strategies for both of their managers. Before going to the theoretical discussion and WACC calculation, it is important to take a...

Enron Scandal: Risk Assessment

Enron was the second largest company in US history to be declared bankrupt. Recently, the Congressional committees have analyzed the company in order to establish the cause of its fall. Although the cause has not been determined with precision, some of the vital elements that caused its downfall are clear....

Some Issues of Logistic Manager

Introduction A logistics manager oversees the supply of goods and services. One needs to perform his duties well to avoid the dissatisfaction of the clients. As a result, a logistics manager needs to be very careful especially when dealing with online fraudsters. Thus, some of the issues that a logistic...

Customization as a Way of Working Amazon Company

Globalization is the process of implementing the same marketing strategies across all of the company’s operations in the international market. Despite the fact that the customers’ cultures, preferences, and environments are different, globalization makes everything almost the same. However, customization is the opposite process as it builds separate marketing strategies...

Quality Improvement Opportunity for a Cardiac Nurse Unit

Summary People strive to improve, but it usually comes at a price. Organizations have to consider how to boost effectiveness, whether by increasing the amount of equipment and personnel or working in the existing state. There might not be the right answer, as it depends on the financial and human...

HR Management Skill Set in Health Care

It is necessary to note that an HR manager is expected to have an outstanding knowledge of the industry, and some aspects are incredibly valued by employers. The first skill set that should be highlighted is focused on compensation and benefits. Demands of healthcare professionals are always increasing, and one...

Research of the Marketing Mix

Today, the highly competitive market dictates businesses to distinguish themselves to grab customers’ attention and influence their positioning. Differentiation requires brands to invest into developing their marketing mixes. A marketing mix is defined as a totality of factors that a brand can control to influence consumers’ perception and desire to...

Elements of Strategic Planning in Health Organizations

Strategic planning process Strategic planning process is a critical component of the health care delivery system. Its application cuts across governmental and private practice institutions. Ordinarily, it consists of four main steps which include situational analysis, strategy formulation, strategy implementation, and strategy evaluation (Duncan, Swayne and Ginter 2006). All these...

Henri Bendel’s Closure Overview

Henri Bendel was one of the most successful retailers and set the norms for the luxury retail world, but the trade standards have changed since its first store appeared in New York. According to Les Wexner, Bendel has been closed to improve profitability for the L Brands as a whole...

Critical Reflection on a Reading the Level of User Satisfaction in an ERP System

The title and the abstract This article is about the benefits and the level of user satisfaction in an ERP system. The article’s abstract gives a precise summary of the entire article. Article summary In this article, the authors are trying to find the user benefits of the ERP systems...

Chipotle Mexican Grill EFE Matrix Analysis

The primary external factor that was found to be affecting Chipotle Mexican Grill is the competition. David (2017) defines it as one of the most critical factors that have to be taken into consideration when discussing a business’s environment. Chipotle has to contend with both other fast-food locations, including ones...

Rationale of Sales Compensation Plan

The sales commissions’ compensation plan is used by many business entities like Dasani Water Distribution Company as a method of remuneration and motivation to steer sales performance. This plan is two pronged and is objectively applied to compensation to sales representatives after closing a sale and also rewarding them for...

Club IT: Mission and Primary Clientele

Introduction Club IT is a downtown music venue owned and managed by Lisa and Ruben who started it after graduating with business administration degrees in 2005. The club offers a variety of services to its clients including spacious dancing floor, DJs, live music and refreshments. The mission of the club...

Accrual and Cash Basis Accounting: Comparative Analysis

Financial reporting of an organization depends upon the accounting methods it uses. The most common approach, taken by many leading companies is accrual accounting. It is based on the premise that revenues should be recorded and recognized when the product has been delivered to the customer, and when the collectability...

Product Development: Process and Recommendations

Companies are always trying to attain new markets for more revenues and the most productive way of doing this is through the launch of new products. Due to the ever changing markets and advance in technology businesses have to keep up with the speed by being more efficient, produce high...

Client Focused Priority Needs

The review of the literature has uncovered a correlation between mental illnesses and disempowerment. Moritz et al. (2010) have found out that people lose control over their lives the moment they suffer from a psychiatric disability. The primary concern is that global communities have traditionally stigmatized individuals suffering from mental...

The Participative Model of Organizational Development

Today’s rapidly growing business segment makes all the enterprises stand out in order to remain relevant in a certain market and keep target audience engaged in the service supply. For this reason, organizational development, which stands for the concept of constant improvement and innovation within the enterprise, has become one...

The Importance of a Proper Accident Investigation

Introduction Business organizations should have proper mechanisms for preventing accidents and injuries. However, corporations might experience different occurrences even if such preventative measures are already in place. The involved parties should conduct proper accident investigations to prevent it from recurring. This essay explains why it is important for the relevant...

Ethical Issues Involved in Software Project Management

Introduction Ethics may be defined as a set of beliefs in relation to what is considered to be right or wrong. Behavior that is regarded as being ethical usually follows rules and guidelines that are acceptable in society (Reynolds, 2007). More often than not, those who act ethically are perceived...

Wobbly Wheels Distribution Company and the Accurate Financials System

Project Description: The project system that will be integrated in Wobbly Wheels Distribution Company (WW) is the Internal Security system aligned with the Accurate Financials system. The proposed system guarantees the protection of the electronic data in form of orders, finances, and accounting because of prohibiting the unauthorized access to data,...

Importance of Performance Management in Organizations

Introduction A small plumbing supply company in Olean, New York, is concerned about doing right to the employees in terms of the benefits offered. However, it does not know what this statement means. This paper explores the concept of benefit management at the organization. Finding out Employee Needs and Wants...

Skills and Traits of Leaders Overview

Abstract Trait theories can identify the personality characteristics that are associated with the success of leaders. Nevertheless, it is necessary to transform these inherent qualities into skills or competencies that should be possessed by these people. By combining these models, students can become more efficient public health administrators. Introduction Several...

Analysis of Enron Company’s Financial Fraud Case

Corporate culture defines communication between employees and leaders and approaches to problem-solving. A corporate culture based on ethical principles ensures open and honest interaction of all parties helps effectively respond to any changes in the internal and external environment. However, the corporate culture’s lack of ethical principles leaves room for...

Handling of Litigation Contingency Disclosure Facing Greater SEC Scrutiny

The following is a summary of an interview conducted by the Journal of Accounting with attorney Michael Young who is the chair of Willkie Farr & Gallagher LLP’s Securities Litigation & /enforcement Practice Group (American Institute of Public Accountants para.1). A treaty crafted three decades ago by the American Institute...

Cash Is King in the Coronavirus Times

Cash is king is a phrase that was used to infer that a company with adequate liquidity will have enough money available to pay its mouths. The term liquidity refers to both an enterprise’s ability to pay short-term compulsions and a company’s capability to sell assets quickly to raise cash....

Profitability Issue and Supply Chain Strategy

The best practices of supply chain leaders worldwide are monitored by specific agencies. In the video, the list of the top twenty-five supply chain companies in the United States, was published by Gartner, one of the biggest research and advisory companies in the country (IIBR, 2014). The data from 2013...

Statute of Frauds: Rebecca’s Case

The fraud statute founded in 1677 through an act of parliament and developed through legislative processes over time is now adopted in the judicial systems of many nations in the world. This statute gives provisions governing a contract between two parties. In most of the statutes, the memorandum demands that...

Apple Inc: Company Profile and Analysis

Introduction The finance manager is the authoritative person who is responsible to look after the financial activities within an organization. Finance is considered the lifeblood of every business enterprise irrespective of the products and services produced by it. The financial capability and efficiency of concern are highly dependent upon the...

Blue Ocean Strategy Is a Marketing Theory

Blue Ocean Strategy is a marketing theory that stems from the title of a 2004 book authored by Kim and Mauborgne. In their book, Kim and Mauborgne explain why striking a balance between cost leadership and differentiation can help a digital company create a leap in its value on the...

How to Leverage the McDonald’s Performance

Fast food has become a separate segment in the service sector, experiencing rapid development and financial growth. McDonald’s is a flagship enterprise in the industry with innovative solutions for standardization, delivery, and service diversification. Upgrading current systems is a potential way to improve efficiency, drive-thru, and mobile ordering. Processing panels,...

Bragg Apple Vinegar Cider Purchase

Buying Bragg Apple Cider Vinegar was not a spontaneous decision. Before the purchase, a thorough investigation of its benefits was conducted by the whole family. It turned out that the vinegar is not only tasty but useful as well. Most people advise using it for cooking, making salads, non-sweet sauces,...

The Concept of Branding: Strategic Integrated Marketing Communications

Branding is an important marketing tool for creating an impression and revealing the company’s philosophy, values, mission, and vision of the future. A corporate brand is significant for consumers; at the same time, it also allows creating an internal corporate culture. It is possible to note that during the last...

The DeVry Educational Group.: Corporate Financial Analysis

Abstract DeVry Educational Group Inc. is a publicly held company that is based in North America. The company provides higher education services across the world (DeVry Education Group Inc., 2014). Carrying out financial analysis using ratios is necessary because it provides a better view of the financial position of a...

Consumer Complaining Behavior in the Service Industry

Complaints in general and consumers’ behavior about expressing their complaints are of vital importance to the improvement procedures aimed at performance excellence in the service industry. The article by Patwary and Hamimi (2016) provides an extensive overview of the key factors influencing consumer complaining behavior and the channels they use...

The Importance of Vision and Failures for an Entrepreneur

It is evident that to attain a particular goal and run a business successfully, every businessman should possess distinctive entrepreneurial traits and profound knowledge in the field they operate. Moreover, an entrepreneur should have a ground-breaking vision, the outcomes of which can bring real and valuable benefit for many people,...

The Capital Structure Decision and the Cost of Capital

Introduction Firms aim at portraying a positive image through optimization of its capital structure which can be based on equity and debt proportions or total liabilities. The capital structure is crucial in enabling a firm to maximize its market value in totality. It stipulates the dividend policy which means that...

Concepts of Brandt Company: Canada

Introduction Brandt Company is a group of industries primarily dealing with manufacture of engineering products. In the past the company was called Brandt electric, but to due to innovations and expansion of its manufacturing sector, it has gradually adopted the new logo “Brandt industries limited.” The company’s headquarter is in...

The Data-Driven Decisions in Business

The companies’ leaders are expected not only to be the professionals in their area but also to have the necessary characteristics to solve difficult situations and make data-driven decisions. For example, recently, my manager was making a decision about which of two employees to promote. The first worker, Mary, was...

Enron and Risk Analysis Theory

“Enron: The Smartest Guys in the Room” is considered to be a documentary film about the collapse of the greatest world corporation; it was presented to the public in 2005, demonstrating a closer look at the criminal traits of the company’s executives and depicting one of the greatest business scandals...

Successful Marketing Recommendations for Company

Relationship marketing values client loyalty and lasting engagement instead of short-term objectives such as consumer acquisition and direct sales. The most important goal of the community college should be getting prospective clients for the athletics program and converting them to loyal customers. This will be a good indicator as to...

Knowledge Sharing In Global Business

Introduction In the contemporary world, technology and business management have become inseparable. Technological advancements especially in the development of various software programmes have made business collaborations possible, convenient and more widespread. This has especially been facilitated by social media applications, which have given the users the freedom to control and...

The Methods of Managing a Team’s Resources

The given deadline change poses a major challenge in terms of a team’s resource management. There are five people within the group, where two people are analysts, two other people are responsible for interacting with clients, and one is the team leader, who also represents the key interests. Analysts are...

Improving Organizational Communication at Go Travel

Introduction Organizational communication is the process through which interrelated individuals in a given workplace or a company send and receive messages information to achieve common goals. Communication in an organization can take place through written, face-to-face, or mediated channels. This topic is important to Go Travel because it needs to...

The Financial Performance Measurement

Calculation The values of operating leverage, return on investment, economic value added (EVA) and return on equity will be calculated. The calculations are presented below. 2013 (Millions) 2014 (Millions) Sales 146,917 144,077 Variable expenses 125,195 123,516 Fixed expenses 16,244 17,121 Total expenses 141,439 140,637 Operating income 5,478 3,440 Net income...

The Pomegranate Phone

Introduction The ad about the pomegranate phone is a splendid example of the potential of human fantasy and imagination, which has no limits in producing new ambitions. It shows the future direction for innovation developers, simultaneously inviting them to work in Nova Scotia (the government of this province ordered the...

Analysis of Port Phillip Organization

Overview of the organization The city of Port Phillip is a combination of the former cities of port Melbourne, St. Kilds and South Melbourne. The city was formed in 1994 as one of the European settlement areas in Melbourne. It is well known for its dynamic urban villages, richness of...

Omni-Channel Marketing

Introduction To build effective communications with clients, businesses have to look for the most convenient and affordable ways. Omni-channel marketing helps find these routes since it allows sellers to easily satisfy people’s needs for product selection, payment advice, and product use. This mechanism provides for the inseparable application of different...

Coercive Power in the Workplace

During chaotic situations, with numerous unknowns emerging, the proposition of coercing employees and pressuring them to conform to the leader’s vision may appear highly attractive. It would enable the team to work toward the same goal together as a unified body, at least temporarily, until the chaos passed. However, this...

Working in a Bureaucratic Organization: Pros and Cons

Bureaucracies are seen as an ideal type of formal organization. Max Weber, who pioneered the field of sociology at the beginning of the 20th century, outlined the four key characteristics of bureaucracy. According to Weber (2015), a bureaucratic organization has a clear hierarchy of authority, division of labor, explicit rules...

Customer Service Philosophy, Customer Service Statement

Mission statement We are committed to grow and improve to make our clients happy. Our purpose We will do our best to ensure that our customers needs are met. Our main values Trust Customer Care Employee Development and Diversity Improvement Trust We understand how important it is that our customers...

Business Prospectus: Initial Assumptions

Introduction The EcoLive company is a new business venture that seeks to operate in a food delivery sector across the United States. The company seeks to address the importance of eco-friendly food packaging and delivery from the perspective of recycling activities, as well as to meet elevating customer requirements for...

The Case of Nutrition Food Inc

Introduction Following a widespread claim of food poisoning in Southern California and Seattle, Nutritional Foods Inc, contracted me as a consultant. My role is to discuss “The case of the Nutritional Foods”. In the foregoing consultancy, I will give a brief breakdown of the case, underline facts, issues involved, ethical...

Boards of Directors in Strategic Management

Strategic management is a critical aspect of any company which helps an organization develop and implement the policies and plans to gain a competitive advantage over its rivals. In Fortune, Walmart is leading the charts in the 2020 rankings once again as the most admired company, while other notable U.S....

Starbucks Corporation Overview and Analysis

Starbucks Corporation is a US company that is considered one of the largest global coffee retailers. This brief report analyses the company’s DuPont identity, which is calculated for the last three years, and compares it with that of a competitor company i.e. Dunkin’ Brands Group, Inc. DuPont Identity is a...

Basics of Consumer Behavior

When it comes to the field of marketing, consumer behavior is a significant phenomenon. Various researchers have tried to articulate the meaning of this term, and they have reached a consensus. Thus, Hawkins and Mothersbaugh (2012) stipulate that consumer behavior draws attention to how people and legal entities select and...

Data Mining Approaches in Logistics and SCM

The efficiency of data mining in Supply Chain Management (SCM) is becoming increasingly prominent and crucial for business success. SCM involves coordinating production, distribution, and transportation processes both within and outside the company to improve its performance (Sener et al. 2019). Generally, these activities entail a considerable amount of data,...

Health Care Strategical Marketing Proposal

Introduction The selected company is Hospital for Special Surgery, which is located in New York. The hospital was founded in 1863 and is one of the most recognized orthopedic hospitals in the country. It is critical to mention that the hospital is known for its expertise in orthopedic trauma, spine...

Planning with Limiting Factors: Smithton Inc.

Companies are faced with various constraints of production and they are forced to plan accordingly. The limiting constraints may include limited demand, limited skilled labor and other factors of production, and limited finance that forces companies to work under situations of capital rationing. Planning with limiting factors forces companies to...

Corporate Governance and Ethics: Evaluation of Real World Ethical Problems

Introduction The proper functioning of an organization requires control and monitoring. Corporate governance comprises one of the ways of controlling and enhancing the monitoring of organizational operations (Caldwell & Karri 2005). At the heart of corporate governance is the need to mitigate or implement mechanisms of controlling and preventing conflicts...

KitchenAid Artisan KSM150 Stand Mixer Review

Introduction The purpose of this report is to describe and analyze consumer behavior while purchasing KitchenAid Artisan KSM150 Stand Mixer. The consumer is female, 21 years old. With the passion for cooking and the high expectation of gaining popular image on social media, the consumer is heavily involved in all...

Scarcity Principle: Important Tool in Marketing

Introduction The scarcity principle is an important tool in marketing and negotiations involving rival parties. The principle relies on the motivation generated out of fear of losing something which makes people to act. Scarcity can arise because of limitation in supply of a commodity or lack of time, prompting individuals...

Team Collaboration: Processes and Expectations for Communication

“Effective collaboration requires early involvement and the availability of appropriate resources” (Crow, 2002; Maddux, 2003). To achieve our objectives in the development of an extremely clean, professional, clear and easy to navigate and a dynamic institution’s website, our team members share ideas and information in the most explicit communication channels....

Limited Liability Corporation and Limited Liability Partnership

Introduction For any business the organizational set up plays a pivotal role in the growth of business. Limited liability of ownership is originally associated with corporate set ups; but the same features with some modifications have also been applied in limited liability partnerships. There are other positive and negative features...

Workplace Bullying and Its Impact on People’s Mental Health

Workplace bullying turns out to be a serious theme for discussion because of a variety of reasons, and one of them is its impact on people’s mental health. According to Forbes studies, the number of employees who report being bullied at work continues rising and has already achieved 94% in...

Ford Motor Company Current Project and Long Term Project

Current project Presently, Ford Motor Company plans to install a photovoltaic system that is powered by solar energy at their Michigan plant. The project required a total of three million American dollars to be complete. Raising this amount of money appeared to be an insurmountable task, due to the after-effects...

Organizational Change in the Concord Bookshop

Introduction The current trends in the healthcare industry call for the implementation of several changes to achieve the organization’s mission and goals while satisfying patients and workers in general. These changes are triggered by both external and internal factors, which affect the organizations, employees, and the patients (Buchbinder & Shank,...

Business Innovation and Skill (BIS) Data Analysis

Introduction The present report was commissioned by the Chief Research Analyst. It presents the analysis of data provided by the Department for Business Innovation and Skill (BIS). The purpose of the present report is to compare the South East region with the North West region in terms of similarities and...

An Example of an Ethical Company

Chipotle Mexican Grill, Inc., also known as Chipotle, is an American restaurant chain primarily serving Mexican food. Chipotle is an example of a company that demonstrates corporate social responsibility and commitment to human and environmental causes. The company promotes human flourishing by serving “food with integrity,” as stated in its...

Mitsubishi UFJ Financial Group Enters Brazil

Introduction Improving the efficiency of covering new markets in a competitive and dynamic financial environment requires understanding the mechanism of interaction between formal and informal institutions as two closely related processes. However, despite their connection, they differ in unique and crucial criteria. Informal market institutions, for instance, economic mentality or...

The Creation of an Effective Team

Introduction The creation of an effective team within an organization requires considerations of the mission, vision, and strategies of growth within a particular setting. The goal of the plan is to create a team that would work together over a period of nine months and reach the objectives of the...

Nike Inc.’s Sustainable Manufacturing Assessment

The Stakeholders Sustainable manufacturing is a matter of paramount importance in the 21st century in the context of the clothing and footwear industries. Jiang (2019) writes that the popularity of high-end athletic shoes is on the increase, and industry leaders must respond to growing demand. Nevertheless, growing competition poses challenges...

Information Has Always Been Important in Warfare and Commerce

Introduction Different times in history has seen Information playing an important role in the lives of millions across the globe to either facilitate or complicate their daily activities, which are now demanding in nature. Such occurrences are perceptible in the contemporary Information warfare, and also as a way of doing...

Being an Employee as an Asset to a Company

The importance of using appropriate human resource management techniques has always represented an important goal for companies worldwide. The significance of an appropriate HRM strategy has risen over the past few years due to the increase in the role of global governance and the promotion for diversity in the workplace....

Offshoring Strategies Implementation

The increased competition from developing countries of Asia and Eastern Europe caused firms to implement offshoring strategies – moving the production abroad. Relocation has been an ongoing trend in the business area to achieve better results on global marketplaces (Lin et al., 2017). Such methods aid obtains these businesses several...

Resistance to Change in the Workplace

Introduction Resistance to change especially at the workplace is inevitable in any organization. It is considered a natural condition because it is a basic tenet of human behavior. Organizations should devise mechanisms for dealing with change resistance on organization policies. Change resistance may take different forms ranging from obvious ones...

Human Resource Recruitment Strategy

Recruiting New Talented Employees Human resource (HR) units are typically tasked with overseeing the recruitment process, designing employee benefits, performance appraisal procedures, reward management, and training and development. HR professionals are generally required to make significant decisions during the enlistment procedure (“The Role of HR”). Some of these decisions include...

Workers’ Compensation: Articles Review

FindLaw. (2016). Workers’ compensation overview. Small Business Law.  This article refers to workers’ compensation as a set of laws that provide guidelines for protecting injured employees by offering them health benefits. Although some states have unique insurance programs for workers, the Federal government outlines distinct compensation laws for specific industries....

Leadership Styles: An Effective Leader’s Critical Skill

Even if the leader is not aware of what kind of management style is typical for them, they still have an established behavior model. My former CEO is a striking example of a charismatic leader. He always had innovative ideas and endless optimism: employees rushed to work enthusiastically after his...

Gender-Related Barriers to E-commerce Adoption in the UAE

Abstract In recent years, the United Arab Emirates (UAE) has emerged as one of the world’s leading hubs of electronic commerce (E-Commerce). Despite the rapid growth in E-Commerce in the country, there are still a number of factors that are hindering broader adoption of E-Commerce in the country. One of...

Corporate Governance of Big Business

Remuneration is the payment made to an individual for the services that he or she provided to the organisation. Director’s remuneration is a most energetic issue in the today’s business world. The range Director’s remuneration seriously varies in different organisation. All aspects of remuneration level, performance measures, yearly bonus design...

Competitive Advantage in a Firm’s Operations

A focus on the best of the three sources of competitive advantages to a firm ought to be the foundation for the others. For instance, concentrating on extra business advantages means ability to capture attention of more audience, thus the possibility to have more customers. Ensuring strict commitment to one...

Mentoring in Healthcare Industry

It is worth noting that any healthcare organization should strive for the harmonious development of employees and help them manage their careers. This should be done regardless of whether a person stays with the current organization or decides to move to another one (Woolnough & Fielden, 2017). For these purposes,...

Sindle v. New York City Transit Authority Analysis

Introduction Justification defenses are commonly used in our courts by defense attorneys to justify the crime that was committed by their clients. Herring (2012) defines justification defenses as a situation where “The defendants admit they were responsible for their acts but claim that what they did was right (justified) under...

Developing a Work Ethics Program

Code of ethics and Conduct All the employees of Fine Consultants shall be required to pay attention to the company’s policies in regard to the financial and advisory consultations addressed to or from the customer concerning his or her enquiries as given below: Ethics Training Program In order to make...

Koch Industries: Influence Tactics and Source of Power

Introduction The Koch brothers utilized different power sources and persuasion tactics in their long-running sibling rivalry for the control of Koch Industries. The company started in the 1900s by Fred, who spent most of his time fending off other established oil firms intending to drive him out of business due...

Double-Entry Accounting: Debits and Credits

The double-entry system of accounting is a concept underlying modern accounting processes. It implies that each financial transaction that is being carried out has an equal but opposite impact on at least two different accounts. The double-entry system is used for satisfying the Assets = Liabilities + Equity equation. Therefore,...

Ingvar Kamprad: An Example of a Strategic Leader

Translating a strategic plan into reality can be quite challenging. However, history knows many talented leaders who made it possible through meticulous planning and innovation. A prime example of such a leader is Ingvar Kamprad, the founder of the world’s largest furniture retailer IKEA. Kamprad had humble beginnings: he came...

Slotting Fees: The War for Shelf Space

Supermarkets often demand thousands of dollars from manufacturers only to agree to trade their goods. For the products to get to a competitive place, they require even more. Characteristics of the goods’ placement affect the profits of retailers and suppliers that are confirmed by practice and well learned by manufacturers...

Entrepreneurship: From Startups to SMEs

Introduction Entrepreneurship remains a powerful practice that guides people to launch and grow their startups to become giant corporations. This development explains how individuals can experiment with a small or new idea and make it an evidence-based solution to the problems affecting humanity. Business owners should reflect and examine their...

Exploring How Motivation Impacts Performance

Employee motivation has been detrimental to organizational success because of its impact on the level of commitment, drive, and energy that the workers of a company bring to their roles on a regular basis (Robbins & Judge, 2019). Therefore, without motivation, companies experience reduced productivity, lower output levels, as well...

The National Education Association’s Activity and Issues

Introduction The presence of a powerful Union is a prerequisite for industrial peace. Decisions made in the collective bargaining process and agreements between employers and workers are usually productive. Trade unions have an important role to play and are beneficial in successful cooperation between workers and management. They offer guidance...

The Federal Trade Commission

The funeral services industry is essential since it allows grieving people to bury their dead ones in style. The Federal Trade Commission (FTC) proposes and implements specific guidelines to meet the demands of both the professionals in the industry and the consumers. However, there are specific issues that affect the...

Total Quality Management and Business Ethics

Introduction Total quality management and business excellence “is the culture of an organization committed to customer satisfaction through continuous improvement” (Taylor & Francis Group, 2011). As explained further “this culture varies both from one country to another and between different industries, but has certain essential principles which can be implemented...

Nutrisystem for Men: Company Analysis

Title of commercial online weight loss program The site is labeled simply “Nutrisystem” after the company of that name based in Horsham, PA. Nutrisystem Inc. started up operations in 1972 as a telephone and subsequently online counseling service for those wanting to lose weight. At last count (end-2008), Nutrisystem reported...

Effects of Organizational Culture on Communication

Introduction One of my family members once worked for a subsidiary of a famous Japanese manufacturer in the U.S., where the majority of the staff were from Japan. The company had a presence in different spheres ranging from automotive to industrial infrastructure, and I had a chance to witness their...