11372 samples of this type
Introduction The present-day business world presents a challenge for companies requiring them to continuously realign their policies to remain competitive on the market. Vipshop Holdings Limited is no exception to the rule, and its management’s actions should correspond to the principles of competitive dynamics. In order to analyze them, it...
Introduction As the Chief Information Security Officer of FansivOps International, it is essential to formulate a proper and effective information security and risk management policy to conduct an evaluation of information security management requirements in regard to opening a new branch office in the southern region of Sudan, Africa. In...
Introduction Knowledge Management (KM) is, perhaps, one of the newest corporate practices that have taken the business world by storm. Its extensive use by enterprises all over the world has attracted a lot of research from scholars. Being the chief motivator of the contemporary practice of Business Process Outsourcing, KM...
Introduction Alpine Inn and Spa is a 2-star hotel situated in South Lake Tahoe, California. Its 38 non-smoking rooms are equipped with air conditioning, television, ironing facilities, and tea and coffee makers. The hotel offers its guests free Wi-Fi and parking, as well as an outdoor swimming pool and a...
The organization where the author works is currently trying to develop a new workforce planning approach that will help recruit the talent necessary to implement the management’s vision. The project involves increased interdepartmental collaboration, with different teams making their needs known and actively working with the HR department to hire...
Influence is a powerful currency in the business environment that gives a lot of leverage to those who master this skill. It is not surprising that there is an extensive body of literature on the art of persuasion and its application in real life. Such is the book by Bob...
Introduction The year 2020 has had immense adverse effects for the hospitality sector worldwide. This market slump is primarily due to the outbreak of the novel coronavirus disease (COVID-19), which has wreaked havoc in travel, hospitality, and social domains. In an effort by governments, legislative bodies, and health sectors to...
Hospitality is a continuously growing industry, which only recreantly reached its peak. Such phenomena as democratization and mass tourism considerably propelled it (Vainikka, 2015). Thus, new processes, methods, and theoretical frameworks are applied in the industry, including strategic management, which has accumulated a considerable body of literature (Köseoglu et al.,...
Introduction Organizations can ensure the improvement of their performance through so many ways. One such way is through performance appraisal systems with appropriate tools depending on the sections targeted for improvement. This paper aims at evaluating a performance appraisal tool based on the following; the model, the advantages and disadvantages...
Trinity Industries is an industrial corporation that provides products and services for transportation, construction, and energy sectors. According to the official website of the corporation (Trinity Industries, n.d.), since November 1, 2018, Trinity Industries split up into two independent companies. Trinity focuses on the supply of railcar products and services,...
Introduction According to Marian C. Jennings, the president of a national health care consulting firm that specializes in strategy initiation and development. A strategic plan may be unsuccessful due to various reasons. One of the reasons is a strategy that focuses on a single possibility in future thus ignoring uncertainties...
Executive Summary Vision/Mission Statement Hewlett Packard Enterprise (HPE) is an information technology company focusing on software and networking. Its mission is to introduce modern technological solutions for the benefit of the community’s business and everyday life. The company follows the principles of overall inclusion and aims to create equal opportunities...
Abstract The paper introduces global marketing as the means of channelling resources in the world market then examines the theoretical concepts and extensions on global marketing management. It then discusses the various kinds of management orientations and their differences in relation to global marketing. Then it goes ahead to discuss...
Correcting HIPAA Violations All the sections face a threat for HIPAA violations, and protecting patient medical information should be the responsibility of all facility departments. Therefore, the security director will lead the initiative and help bring change. However, as the facility administrator, I expect each director to know that I...
Corporate social responsibility (CSR) is a business model that emphasizes businesses’ obligation to be socially responsible and to give back to the community (David, 2013). The concept especially applies to large corporations: as they grow and expand, they accumulate a great deal of power that depending on its use, can...
The significance of modern energy sources for the economic development of any country can hardly be overestimated. However, it is a daunting task to find easily implemented ways to transition developing countries to clean and cheap sources of energy. Energy consumption in developing communities is steadily increasing, which poses serious...
Risk Concept An adverse impact on an organization and its systems if it is created by a possibility or occurrence of an event or activity is called a Risk. If a given threat exploits sensitivities of an asset or cluster of assets that may cause damages or loss to the...
Operations management is an essential process that uses raw materials to turn them into goods and services. Cachon, Girotra, & Netessine (2020) mention that this phenomenon is connected with the supply chain because the two reflect the internal and external operational systems, respectively. That is why it is not a...
Ethical Dilemmas Moral values are an integral part of any companys successful functioning. Both personal and corporate values affect the behavior of employees and, thus, the whole company (Doochin, 2010). The ethical dilemma is concerned with the issue of teamwork and could be described as ambiguity in managers’ attitudes towards...
Bill Blass was once one of the most valuable brands in the fashion industry; however, it failed to adapt to the new trends in customer preferences after its founder’s retirement. The initial Bill Blass peaked in the early 80s, catching the customers’ attention with urban, colorful silhouettes and innovative designs....
Introduction Logistics has become one of the most important factors in the business world today. The logistics managers are faced with the challenge of designing the most effective logistics network, able to reduce the costs as well as help organizations in providing the best services. It is imperative to note...
Background Dell, Inc. is one of the largest companies that specialize in the production of computers. The company was founded in 1984 by Michael Dell. The company was developing at high speed, and 17 years after the foundation, it became the global leader in the provision of computer systems. In...
The largest four companies and their brands in the coffee industry include “Procter & Gamble” (with Folgers as a brand name), “Philip Morris” (with its Maxwell House brand name), “Sara Lee” (with its Hills Brothers brand name) and “Nestle” (with a brand name of Taster’s Choice) (Starbucks Coffee Company, n.d.)....
Financial managers and corporate officers are expected to possess the greatest personal and professional ethics, integrity and values, and show commitment to representing the long-term interest of the company and its shareholders. However, often, shareholders have sued these professionals for taking advantage of the company’s assets. These issues are primarily...
Petplan is a corporation with the majority of its employees representing low-contextculture. Yet, the world is diverse, and multiple countries have different perceptions of communication. Relationships between service providers and customers also depend upon the respect of cultural distinctions. For the successful implementation of its expansion strategy, Petplan should consider...
Both consumers and manufacturers have opportunities to trace the stages of production of a particular product and determine relevant production features due to a unique identification mark on goods, which is called a serial number. Remembering this number allows obtaining the necessary data that may be needed when clarifying the...
In the few past years, various leadership styles and philosophies have become popular because they can assist leaders in achieving their goals, motivating employees, and fulfilling team tasks. Servant leadership has emerged as a distinctive leadership style with a unique relationship between a leader and his followers. This essay will...
Correlating one’s personal traits and performance can be useful if the former is considered as one of many factors that affect the latter. However, I think that it should not be used as a sole basis for screening the potential candidates because personal traits cannot be only a performance predictor....
Introduction Negotiations skills are crucial tools not only for those who work in the business sector but for people who need to achieve the maximum in their everyday life. One may need to get a discount on the products they often buy or arrange the payment by installments. For these...
Maple syrup is a symbolic product of the northeastern territories of Northern America. During recent decades, maple syrup producers encountered an increasing number of challenges connected with climate change such as pests and diseases, a potential shift in the suitable habitat, and variations in timing. Nonetheless, in the United States...
It is very important to measure customer perception as a regular part of performance measurement because by doing so, customer success will have been enhanced to the benefit of the firm (Bowersox, Cooper & Closs, 2009, p. 389). Bowersox, Cooper and Closs further assert that measurement of perceptions and opinion...
Executive Summary The proposed report focuses on the investigation of Vodafone company, the sphere where it operates, peculiarities of its functioning, resources, and strategies used to generate a competitive advantage, as well as the major challenges the company faces at the moment and how they can be resolved. Vodafone Group...
Electronic commerce (e-commerce) has made numerous innovative changes to the functional and structural frameworks of businesses by adopting advanced technologies in the age of global digitalization. In particular, customer-centered companies focus on aspects such as personalization, communication, and added value, which become ineffective without the implementation of business intelligence (BI)....
Union Solicitation The All Souls Hospital employee was within her legal right to chat with other staff members about the union on social media. The National Labor Relations Act (NLRA) grants workers the right to establish, enroll, or assist in union organizations, or to engage in collective bargaining or solicitation...
Introduction Currently there is an emergence of the concept of entrepreneurship within the business environment. This requires that the potential investors have to scan the environment in order to determine the most viable business enterprise to establish. In line with this concept, my brother and I scanned the environment and...
Any company or an organization with a dream of succeeding in the world of business should consider managerial accounting as a critical element of propelling its objectives. Managerial accounting is essential in the business operations because it helps in handling challenges and tasks to achieve the company goals and vision...
Staff development and evaluation is an essential leadership process that plays a vital role in an organization’s success. It is of vital importance to provide employees with high-quality professional development and then analyze the results. The purpose of this paper is to discuss the necessary elements of effective staff development...
Decision-making is an important part of any service-providing system. In health care, there are even more aspects influenced by successful decision-making processes than in any other system. The decisions must be made regarding patients, the treatment and care-providing processes, and many other issues related to nursing. Decision-making tools are necessary...
Background of the study The Bottled Water Industry has become rather expensive nowadays as humanity consumes over 89 billion litters of bottled water every year spending over $22 million on it. Water is a very important source of livelihood to mankind, whether it from tap, bottled, river, sea, rain or...
An inventory system is of significance for every business irrespective of its size or specialization. It is so because this phenomenon deals with purchasing and receiving goods, analyzing orders, distributing them to customers, and others. Thus, companies should invest their resources and effort to manage such systems adequately. There are...
Fundraising for any purpose can sometimes be an arduous task. People are usually not inclined to give their money, especially if the assignment requires them to take any action. However, there are many methods by which the attention of the target audience can be attracted to a particular problem. This...
Operation in a Free-For-Service Environment The fixed costs would increase for both firm X and Y since the services are provided based on the fixed charge for a given period (Obadha, Kazungu, Chuma, & Barasa, 2018). The total revenue curve would shift to shift upwards, depending on the fixed value...
The AICPA Code of Professional Conduct determines the ethical principles that guide employees’ behavior and decision, especially Certified Public Accountants (CPA), to handle various issues via specific statements. The code sets standards for auditor objectivity, integrity, independence, liabilities to colleagues and clients and defines acts disreputable to the accounting profession....
The Pareto principle is an essential phenomenon in inventory management. It is so because it allows companies to understand that various parts of their inventory deserve more attention because they are more significant than others (Nemtajela & Mbohwa, 2016). Jacobs and Chase (2014) explain that this principle is a basis...
Literature Review Information technology (IT) strategic planning involves several activities that concern an organization’s goals and objectives being achieved through the use of technology. IT deployments have been implemented in many areas where the technology has made work easier and operations more effective. The strategic implementation process focuses on strengthening...
Purpose of the Report The present report aims at applying DuPont analysis to evaluate the performance of the Chinese Bank of Communications (BoCom) against its competitor, China Merchants Bank (CMB). The assessment is based on financial performance during the past three years (2017-2019) of two companies. Background Information Bank 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...
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...
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,...
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),...
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 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...
Introduction Walmart is known across the globe for its revolutionization of retail strategy. It has maximized the cost-efficiency of all processes, including logistics, manufacturer relations, distribution, as well as human resources (Reich, 2018). Throughout its history, the company was one of the first to introduce numerous changes that helped streamline...
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...
Nokia Company was established in Finland and was renowned for being the first company to generate a cellular network making it a global leader in mobile phones. Nokia established itself as a market leader in the production of mobile phones. Nokia has its presence in over 130 nations. Initially, the...
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...
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...
Introduction Corporate governance plays an important role in disciplining the management of the company like transparency in financial reporting and having robust internal controls. Enormous responsibilities like audit committee, a duty of the auditors and induction of non-executive directors to act independently have been inflicted on the management of the...
Introduction Safety is one of the primary concerns for air transport. Although it is always relevant for aviation, the recent events, for instance, COVID-19, have underlined the need for better safety measures and regulations, as the number of risk areas has increased. Irish airlines strive to provide their services while...
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...
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...
