11072 samples of this type
Before starting any business, the first and most important issue would be the choice of the form of ownership since the state requires mandatory registration for entrepreneurs. It is necessary for the state to closely monitor those who are registered and make sure they pay taxes. As for my business,...
Summary Working in a sphere of retail has always been a questionable endeavor in terms of employee engagement in the work process and inner motivation. Thus, there is a common tendency today to assume that working in retail is mostly encouraged by financial rewards and the necessity to find a...
Modern society requires people to master and apply multiple skills to succeed in the workplace or get a well-paid job. Human resource planning, job specialization, extraversion, and dealing with ethical dilemmas are examples of efficiencies that can improve a worker’s performance. Organizations that provide various careers prefer to hire experienced...
Introduction Situational framework peculiar to different organizations impacts decision making regardless of its complexity. However, in complicated, complex, and chaotic contexts, the selection of the correct solution can be challenging because of the many unknown factors and high turbulence (Snowden & Boone, 2007). Under these conditions, the application of the...
Conflict is something that occurs in any workplace, it is an inevitable part of the work routine. Sometimes it can be actually helpful, as conflicts highlight a particular problem, and then it is possible to create a discussion around it and then find the solutions to the issue. Such type...
Introduction Financial management strategy refers to the process of identifying all possible strategies that can assist in maximizing a business net worth by allocating the available scarce resources in the best way possible among various competitive environment and how to implement, monitor and develop the said strategy to achieve the...
At present times, the global industry undergoes a fundamental transformation in terms of altering ways of conceiving, designing, producing, and selling the products. During the preceding seven years, more than 70 percent of manufacturers experienced transformation (Ambruch, 2013). This transformation also affected the quality of produced services and goods. According...
Forming and managing the labor force for Adventure Island requires using adequate recruitment and performance monitoring techniques. Due to various activities on the territory of Amusement Park, particularly both entertainment rides and games and retail trade of drinks and food products, specialists of different profiles are needed. As hiring tools,...
Abstract The first question I need to ask myself is who I am and why I am being called a Commodity Trading Advisor (CTA) and not just a general businessman? A CTA is a person who oversees and manages one or various accounts for each of his clients for compensation...
Motivation is a significant factor in business, as well as life in general. It is necessary for any endeavor to succeed, from one’s day-to-day plans to major business undertakings. Furthermore, motivation has a major beneficial effect on the company, firm, or unit in general (Lorincová, 2019). Thus, maintaining motivation in...
Innovative ideas as a set of changes in the organizational practice of the company are the engines of professional and financial development. The oil and gas industry is extremely volatile from product realization: every day, the cost of a barrel of oil is subject to fluctuations. Often, due to the...
Monsanto Company, was among the leading producers of agrichemical and biochemical products globally. Its expansion during the First World War (WW1) was facilitated by the federal government’s trade policy tariffs, which favored its market dynamics (“History of Monsanto,” 2020). During the WW1, Monsanto produced styrene, a highly valuable substance in...
Executive Summary Charge-Your-Car (CYC) innovative charging devices disrupt the market and promise a competitive advantage for the start-up. Nonetheless, the need for rapid revenue margin growth encourages the company to focus on the less traditional market of electric vehicle consumers. The core strategic proposal is to supply the rural regions...
Four Key Management Functions For successful and effective management, it is necessary to determine its primary functions. The entire control process can be divided into four parts, arranged in strict order to be performed sequentially. The first stage is planning, which can be viewed in terms of strategy, tactics, or...
Starting a new business is a complicated process covering identification of the most appropriate legal structure; selection of the necessary business form requires balancing all strengths and weaknesses from a legal point of view in order to simplify further company activities. The idea to open a Pilates Studio franchise needs...
Tradesmart Inc. is a fairly broad marketplace, which, in addition to low prices, also provides customers with a unique policy of returning money for the goods. However, this system is far from ideal due to the fact that customers can return the goods essentially regardless of their condition and receive...
In international business, organizations indulge in business in the global markets and in order to succeed they need to adopt different strategies. In this context it becomes essential to not only be aware of the relevant monetary aspects and cultural and political circumstances, but also the characteristics of the labor...
Outsourcing is widely practiced by a range of companies of different sizes and types, which includes trade-offs between certain inputs, such as labor, materials, and supplies. Companies can exchange capital for materials and overheads to save on costs. For instance, a manufacturing company can outsource the production to a low-labor...
Business ethics is the behavior of businesses with respect to the surrounding environment which includes people, other businesses and the general environment. Ethics are best enshrined in the business cultures adopted by the said organization. Adopting positive attitudes is normally the starting point towards establishing proper business ethics. Ethics also...
Industry Analysis As discussed in prior sections of the report, the competition for Moma Monaz can be distinguished into three categories: fast food chain locations, non-chain restaurants, and bars. The first category presence in the area is substantial, with McDonald’s, Wendy’s, KFC, and Subway all present. The other locations are...
Conventional Approach The conventional approach is the old-school way of perceiving communications within the organization, where the company operates separately from the connections between the employees. Scholars refer to such a communicational model as the “informational view of communication,” which is centered around the transmission within the firm, while “ineffective...
The marketing plan suggests following some of the trends that have already become the cornerstone of the company’s success. It does not reject some of the key points of the current marketing strategy. Instead, it provides the guidelines for the future development of new services, the introduction of pet supplies,...
The content of ethics is determined by the value categories of duty and justice. As professional ethics, marketing ethics has its own philosophical and methodological origins, which go back primarily to utilitarian theories. Ethical responsibility issues arise concerning the firm’s actions regarding personal and social needs, truthfulness in relationships with...
Introduction The description and understanding of the target market for products are important to ensure that potential consumers can be reached in the determined district. The business under consideration is oriented toward customers in New York, NY, with a specific focus on the population of Brooklyn (where the headquarters are...
There are different approaches to defining a leadership style, depending on the defining characteristics. The Hersey-Blanchard Situational Leadership Theory examines the context, competence, and motivation of followers that are critical for a leader to adapt and adjust his management style (Fuller, 2019). In this paper, I will analyze my example...
Introduction The use of cell phones while driving escalates the risk of harming other motorists and pedestrians due to distracted driving. For instance, sending a text message when driving increases the car crash risk by 23 times (Carroll et al. 289). A study indicated that the accident severity increased to...
Introduction Sometimes, managers may find that not all employees work equally well and hard. The reason is that various management schemes must be applied to them because each employee is at a different stage of development: both within the company and personally. The solution to this problem is the situational...
Wood, Geoffrey, et al. “Special Issue on: International Human Resource Management in Contexts of High Uncertainties.” International Journal of Human Resource Management (IJHRM), vol. 29, no. 7, 2018, pp. 1365–1373. Journal Article. The article examines issues in human resource management in difficult conditions. There is no doubt that high uncertainties...
What did you learn about workplace harassment that impacted you to know? Workplace harassment can take many forms but is always discriminatory and harmful. Abusive behavior results in adverse effects for companies, affecting productivity, morale, and turnover rates, and employees, impacting their physical and mental health (Bader et al., 2018)....
For this assignment, the author has reviewed two articles that discussed unethical practices. One highlighted scandals that happened in 2017, while the other identified five large U.S. corporations that it considered most unethical. From the article by Shen, the author has learned that most scandals appear to result from leadership...
The process of marketing research implies following the specific steps for a precise outcome. First, the marketers define the product buyers in general, for example, teenagers of 13-16 years old living in Los Angeles. Sometimes they use not real customers but the perceived people who would possibly be interested in...
Introduction Organizations benefit immensely from training employees because well-trained workers have higher productivity and output. Studies have shown that companies that invest in employees’ professional development report lower rates of absenteeism and staff turnover, as well as increases in innovation and customer satisfaction. It is important to educate new employees...
Introduction Between 2009 and 2013, numerous companies have changed from public to private, in order to avoid the financial backlash of the economic crisis that shook the global economy during those years. In order to respond to the various economic challenges arising during those years, many smaller companies were absorbed...
Introduction Toyota has been known as one of the major global corporations producing cars. Originally founded in Japan, the company quickly grew into a global enterprise represented on multiple levels and targeting a wide variety of buyers. However, despite the attempts at incorporating the latest advances in HRM the company...
In various circumstances, it is often necessary to consider issues from a moral point of view; hiring is one of the situations when stakeholders sometimes need to make ethical decisions. The task of the HR department is to evaluate which candidate can be considered for a particular position. At the...
Introduction Economies of scale widely imply the cost-related benefits a firm realizes from an increased level of output. The benefits usually occur from the inverse relationship between unit fixed cost and total output. The rationale is that as more units are produced, the fixed value attributable to each segment diminishes...
Introduction Japanese Soccer School A is a world-class training and learning facility that pioneered soccer coaching in Japan and has a wide net of schools and training facilities in the country, with the total number of offices being 154 and 46 franchise licensees. The school is currently training over 21,000...
These days every action is a sale. Although in the past nobody defined communication as a market and put objective prices for such non-material goods, society now has a tendency to evaluate them. Even two new terms have been coined for this selling and buying process – providing and using...
Conscious capitalism or marketing is gaining popularity as companies seek to embrace compassion in their business ventures. TOMS Shoes is one of the leading conscious companies with its “one for one” mission. The idea behind this company is to donate one pair of shoes to a needy child for every...
Every project is a mutually-connected system that includes numerous operations. According to Jacobs and Chase (2014), a project is a set of related jobs that are directed toward a specific outcome. Usually, it takes some time and effort for a project team to achieve the desired goal. Thus, the principal...
Transportation Regulations and Policies Firstly, it is essential to examine the policies associated with the expansion. The goal of the Department of Transportation (DOT, n.d.), which oversees all transportation in the U.S., is to ensure that all the logistical activities nationwide do not harm the environment, the public, and the...
Introduction It is evident that due to the fact that big online corporations like Amazon.com Inc took over the bookselling industry, it became even harder for bookstores to keep up. Barnes & Noble is one of these companies that flourished during the 1990s and 2000s; however, they almost fell out...
Over the past few weeks, I have received a large amount of feedback from our employees who report a conflict situation in the workplace. According to numerous observations, the psychological climate and corporate morale in our company have recently been the primary concern of a considerable number of employees. The...
Introduction What kinds of influences affect the way people behave and act? There are several internal and external factors that can alter an individual’s behavior. People’s actions ultimately reflect their surroundings, their physical and mental wellbeing, and can be swayed by the opinions of others, as well as many more...
Definition Leadership as a concept can be approached and defined form multiple perspectives. However, most of the existing definitions share a common characteristic of viewing leaders as agents of change, be it within the workplace environment or in staff members’ behaviors. From a general standpoint, leadership can be described as...
The ethical dilemma in the “Honest Harry” scenario includes receiving a sample from people who may be prejudiced as opposed to finding providers of more objective data. It corresponds with the Personal Integrity and Accountability rule from Ethical Guidelines for Statistical Practice. According to the American Statistical Association (2018), the...
Introduction One of the main parts of doing business is planning, including creating a marketing plan. It involves market analysis, review of competitors and organization’s features, and a set of measures to promote and sell goods. It cannot be underestimated, since the study results are taken as a basis for...
Any person engaged in the sphere of management needs to have a variety of skills that contribute to the successful outcomes of business operations. To achieve the most favorable results, professionals have to implement all the necessary skills, such as technical, interpersonal, conceptual, diagnostic, communication, decision-making, and time management. Therefore,...
Satisfying Jobs Organizations need to create and design jobs that are satisfying to every individual employee. This strategy is essential since the targeted workers will remain involved and focus on the outlined mission and vision statements. They will feel empowered and apply their competencies to maximize the level of business...
More and more cities and counties in the United States are starting to tax sugary beverages, which negatively affect Americans’ health. Even though it is an effective way to reduce sugar and sweetener intake, there is a more straightforward and practical one focusing on taxing sugar but not soda. The...
Introduction Uber Technologies, Inc., often referred to as Uber, is a multinational ride-hailing firm that has its headquarters in San Francisco, California, and operates in over 63 countries around the world. According to Ferrell and Hartline (2017), the company offers a wide range of services that include ride service hailing,...
Cinemark USA, Inc., also known as Cinemark Theaters, is a US-based cinema theater chain founded in 1984 in Plano, Texas. In 2016, its revenue amounted to $4.6 billion, making Cinemark Theaters the most successful cinema theater in the US. The three main revenue streams are ticket sales, food, drink, and...
The SEC Auto Exchange company is an organization based in Thailand that is involved in the import and purchasing of cars into the country which are subsequently resold. Its particular focus is on luxury cars ranging from coupes and sports cars to sports utility vehicles. Most of these are from...
This essay will examine the discovery of the economy of Walmart, an American retail corporation. The Walmart Effect is a term that refers to the impact that large companies such as Walmart make on local businesses (Kenton, 2019). The effect usually leads to the reduction of wages for employees’ competitors...
In the context of recent years, private investor interest in African economies has been growing. Despite some setbacks of the COVID era and the challenges of the environment and infrastructure, experts predict that the private sector will play a critical role in the economic development of African countries, propelling them...
It is almost impossible to overstate the importance of communication in management. Nearly everything managers do to make it easier for their organizations to achieve their goals requires effective communication. If people cannot share information, it is clear that they will not work together, formulate plans and execute those (Missiroli...
Introduction The market competition of the modern era consists of various factors influencing the consumer. The success of a product’s market sales is defined not only by its quality, functionality, or uniqueness; a high-quality promotion campaign or brand’s positive reputation often overweight the characteristics of a given product. Such an...
Introduction Whole Foods Market (WFM) is one of the most productive food retail companies in the United States. Its successful development was conditional upon the inclusion of social responsibility principles in business operations. However, the situation in the food market is changing rapidly, and WFM’s future progress now depends on...
Introduction The current report is aimed at investigating the effect of advertising on consumer behavior. Commercials and advertising messages have gained a significant level of influence on potential customers, thus defining the marketing success and the following revenue-generating of businesses. If the consumer is relevantly exposed to an advertised stimulus,...
The concept of business sustainability has been a buzzword for a while, as numerous companies have been implementing the strategies that allow them to reduce their impact on the environment. However, the lack of consistency in managing the issue of sustainability may be the result of the absence of understanding...
A contract of service and a service contract are two distinct types of agreements that define a worker’s status in a company. A contract of service indicates an employer-employee relationship, while a service contract is preferred in the case of a self-employed individual (Canada Revenue Agency 7). Therefore, to understand...
Introduction Today, as society is changing in an attempt to make daily routines comfortable for everyone, the question of a healthy work environment draws a lot of public attention. Now, in the context of a global pandemic, it has become apparent that, in some cases, various facilities, especially medical, need...
Coca-Cola is the world’s most known beverage industry that specializes in producing all sorts of drinks. The company works in more than 200 countries and distributes over 500 brands (The Coca-Cola Company, 2020). The chosen company has a significant influence on the global market and does not have many competitors...
For successful development in 2020, global businesses have to think more about the customers and their needs. Despite the challenges, international companies must be ready to navigate the new environment. Global digital marketing has long gone beyond branding and advertising. In 2020, it must rely on customer experience to enhance...
The most common tactics I use when dealing with my boss are consultation and rational persuasion. In my opinion, their use when communicating with superiors is understandable. Consulting allows me to learn new things and perform tasks in a way that meets the manager’s expectations. Rational persuasion helps in situations...
Graeter’s has established a flourishing business in its target setting, attracting as many audiences with as much diversity as possible. However, having reached the current success rate, the company might want to consider expanding or, at the very least, changing its status to a corporation. However, accepting the title of...
The Employment Standards Act of 2000 has to be followed in case of mass termination of the employees in Glorious Florists. To start with, all employees who are to be terminated must be provided either with a written notice or a termination payment or both. If employees do not receive...
Introduction There is no doubt that the global companies’ impact on diverse aspects of life is enormous – social and environmental, as well as political and economic ones experience an immense contribution on behalf of the corporations. Be it an airline company or a coffee distributor – regardless of their...
Introduction As a relatively new concept, servant leadership poses numerous challenges for modern leaders seeking the best management approach. This style is often critiqued for being too similar to followership. While it has some identical core characteristics, understanding what is different is essential in shaping one’s approach to an organization....
Introduction When an individual starts working for a company, an official contract between them and their employer is formed. However, what people do not always realize is that a different type of a binding agreement takes place at the same moment. This contract is called a psychological one, and just...
The 20th century has witnessed technological progress, which influenced almost all aspects of life. The shopping process and the relationship between customers and retailers are no exception. This paper aims to discuss the influence of online shopping on the crucial steps of the consumer decision-making process and review the pros...
The organizational culture is closely connected with its values and many areas of its functioning, including employee relationships between themselves and with the employer and working process characteristics. According to Schein and Schein (2016), it can affect corporate morale, employee engagement and satisfaction, organizational effectiveness and performance, and company image....
Critical Analysis of the Operations Management Challenges faced by Nissan and their Approach to overcome such Challenges. (CLO1&3) Companies come across many operations management challenges that call for the rethinking of strategies to keep them in business. The automotive industry is renowned for its significant contribution to the global economy....
Introduction Company culture is an essential part of the successful functioning of the organization. It does not have a direct impact on efficiency or income, but it helps to establish a comfortable environment among the colleagues, which leads to the improvement of their results. In order to ameliorate the company...
Thesis In this presentation, I argue that a conceptual framework in accounting is aimed more at protecting the accounting profession than at the improvement of accounting practice. There are three critical arguments to prove the thesis. Firstly, the framework is ambiguous rather than precise. Secondly, it is descriptive rather than...
Recently, I have purchased a new fragrance from the Body Shop store, and I was hesitant by their prices. My friend told me that this company has high-quality products, while their prices are above the average on the market. My perceived risk was associated with the financial side of the...
Introduction Looking at prominent leaders that exist in this world, one might not notice that all of them differ from each other in regard to their characteristics and strategies. However, it is apparent that not any head of a company can achieve success. Therefore, there must be certain aspects of...
Different customers express a variety of needs, wants, resources, or generally speaking buying attitudes. Therefore, each market provides an opportunity for the manufacturers to form separate segments. This idea implies dividing the entire market into smaller units, which establishes a better possibility of more efficient product or service distribution because...
Alliance Supermarket is gathering basic information using its point-of-sale (POS) system, and this is why the management is yet to reap the maximum advantage of this piece of technology. The chief information officer (CIO) is exploring ways of mitigating the loss of sales and facilitating customer satisfaction. The organization is...
One of the principal concerns of any retail company is the correspondence of its policies to the principles of conscious marketing, and Everlane and Patagonia are no exception to the rule. These companies face marketing challenges that relate to the necessity to satisfy customers by offering eco-friendly products. It is...
Introduction Leadership theories are fundamental, as they help to understand patterns of interaction between the leader and the team. Besides, due to the existence of leadership models, the managers can better choose the leadership styles that correspond to the circumstances. Since leaders’ actions usually have a direct impact on the...
Financial statements are records of all financial activities reflect the position of a person, business, or any other entity. Generally, they report an organization’s assets, liabilities, and owner’s capital at any given point. There are four types of statements: the owner’s equity statement, income statement, statement of cash flows, and...
Assessment phase Wal-Mart Stores has grown over the years to become one of the world’s leading discount chain stores dealing with a diversity of goods including grocery and other forms of merchandise (Kneer, 2009). With over three hundred stores spread in the US and internationally the company faces the hardest...
Introduction The purpose of this article is to strategically analyze and recommend the competitive strategy of the LinkedIn Company. The online business has been implementing an innovative positioning strategy whereby it has excelled in the competitive environment. The company is well known for its tremendous use of data. This situation...
Introduction It is essential to have a leader who understands the needs of employees and the tasks assigned to them for any field of activity and any team. The combination of strict management and friendly exhortation pushes team members to do their job efficiently and feel comfortable with it. Examples...
Abstract Two articles and one podcast were selected for this assignment. The first article by Spurgeon (2012) states that the lack of a unified professional identity has led to confusion within the profession. This is attributed to the fact that different counselors have used numerous definitions to come up with...
The quantitative financial analysis of Forge Group Ltd has shown that for the year 2013, the value of assets has amounted to 464,210 (250,784 in liability and 213,426 in equity). As compared to the other years in the selected time period, the value of equity in 2013 is by far...
Optimized ‘Size and Shape’ of the Airline and Financial Plan The functional organizational structure is rigid by definition. It has some drawbacks that affect not only Airlines, but the airlines that use this structure. First, strong centralized control over operations reduces the flexibility of individual departments, including local managers and...
Resistance to change is one of the most common and serious business challenges. Employees who discourage innovation can be reliable and talented, but their rigidness can sometimes become an insurmountable obstacle to the organization’s development. As noted by Shimoni (2017), resistance to change is both a personal and a social...
Even after creating an impeccable product and performing outstanding market research, one may encounter challenges when trying to sell the said product to the target buyers. The issue of sales management is particularly complicated due to the personal factors shaping customers’ attitudes toward a product or service that a company...
Organizational diversity encompasses a wide range of differences among employees. These include ethnicity, gender, culture, age, education background, race, organizational function, and cognitive style. It involves establishing an inclusive environment that allows employees to respect the differences of their counterparts. Diversity involves the perceptions of how people perceive others, which...
Accounting and reporting issues have the power to diminish a company in a short amount of time. Enron’s case is a proof – one of the largest companies in the United States went from $90 to $0.26 per share in a matter of days (Segal, 2020). The management of the...
Introduction Contemporary businesses are continually working on improving the environment in their corporations and influencing the outcomes of various activities in a positive way. This tendency is relevant mainly because the emergence of new organizations is able to create a competitive atmosphere and challenge individuals in different ways. For this...
Impact of Foreign Exchange Rates When a corporation decides to conduct business internationally, it will be exposed to two significant accounting risks associated with export sales and import purchases. These risks are related to fluctuations in foreign currency exchange rates. When speaking about export sales and import purchases that are...
Nowadays, most of us are aware of the speedy progress in Space Exploration. Many international unions exist to develop aerospace science projects. However, one American company made a real breakthrough in the space industry while being private and moved by the initiative of one particular person. You probably guessed that...
LEGO A Case Study Problems and Issues Faced by the Firm and Leadership The Lego Company faced its first financial crisis in 1998 and addressed the largest internal economic decline by 2004. The Lego Group’s supply chain did not manage to follow the changing dynamics within the market and timely...
Introduction In the theater environment, pricing strategies have not been claimed as an advantage for a long time. Currently, the situation is changing and the price formation is becoming a key component in the provision movie theaters with audience. Furthermore, price problems are significantly magnified for a commodity such as...
The agency for analysis is called Branches and it is located in low-income communities. The organization is designed to help children from families with little income. Here they receive assistance in completing homework, learning healthy sports habits, communicating with friends, have snacks during breaks. Moreover, the program from Branches also...
The creation of corporate culture For international business management, the creation of corporate culture and the achievement of social responsibility goals depends on the ethical perspective the organization takes. In terms of emerging globalization in multiple spheres of economics, companies that operate internationally need to adjust their policies and codes...
All people are different, and this fact has a significant influence on people’s performance at their workplaces. Neglecting the individual characteristics of employees results in ineffective use of their capabilities. Therefore, it is vital for managers to maintain diversity correctly. Furthermore, diverse companies are more able to attract and retain...
The Big Brothers of American is an organization that seeks to help boys without fathers to have a meaningful and positive relationship with adult males. The organization needs volunteers who are willing to help these boys, but the management issue is that there are very few male applicants who are...
Introduction The high level of competition and the rapid development of the business environment significantly impact the way companies evolve. In order to justify the reasons for an investment into a company, one should ensure that the company at hand effectively responds to the social, political, and business environments, as...
Every conceptual construct devoted to the study of leadership has endeavored to identify the factors that influence effective leadership. Researchers state that at the current time, the field of leadership theories “is very broad and fragmented” (Lee, Chen, & Su, 2019, p. 88). This is not surprising, given the more...
When addressing the issue of cultural expectations in the global market, managers should be ready to encounter quite high demands concerning business ethics and business communication. Namely, it is fully expected from companies entering the global market to have high diversity rates and be open to all cultures without displaying...
Vision, mission, goals, objectives, tasks, strategy, tactics, and policy are the concepts that help the company to define their work in terms of culture, values, and ambitions, and present them to the world. However, quite often, the difference between these terms is quite vague and needs clarification. This paper aims...
Gap Analysis Service Quality Dimensions for Expectations Dimensions Items Tangibles 1-4 Reliability 5-9 Responsiveness 10-13 Assurance 14-17 Empathy 18-22 A Comparison of Perception and Expectation Scores Item Number Perception Rating Average Expectation 1 6 5.2 2 5 4.2 3 7 5 4 5 4.4 5 4 3.2 6 4 4.2...
Introduction Transcultural global ethics is a subject that raises several heated discussions in the field of business. The situation with Google quitting China contributes to that topic since it raises a conversation about how global companies should conduct their business while respecting human rights. After all, Google is a worldwide...
The present-day business world dictates its rules to the companies and their customers, and they imply the focus on specific parameters defining the appeal of items for purchase. One of the principal characteristics of desirable goods is their coolness, and it explains the first impression a product makes on a...
Introduction The professionalism of a specialist, especially in the field of business, is determined not only by experience but also by available skills. Their quantity, as well as their specificity and uniqueness, are equally important. In particular, they are necessary for different assessments and calculations of varying degrees of complexity,...
Introduction Change is an essential element of any organization that seeks to continually improve and grow. Kurt Lewin developed a three-stage model that can effectively be employed by the management of organizations to address necessary reforms effectively. The three stages developed by Kurt Lewin tackle change endeavors through unfreezing, change,...
Introduction Client satisfaction is the major concern for any business activity as it is the key factor of its profit. Consumer needs can be met on the condition that the product is cleverly developed, properly manufactured, and promptly delivered. As far as the main logistics’ function is to connect these...
Third-party sellers need to get good reviews and high search rankings for being noticed on Amazon. Meanwhile, attracting real buyers is not easy; consequently, some sellers use reliable deception-paid reviews. According to the research by the ReviewMeta platform, a considerable percentage of all reviews from e-commerce leader Amazon were fake...
“You get what you pay for” is a very apt truism for organizational culture, employee well-being, and business performance. Organizational culture is what the employees think, how they act, and why they work for the company in the first place. To create and uphold a desirable culture, executives and managers...
In the current piece, the effect of industrialization on working-class family life will be addressed. The effect on the relationship between men and women will be described in more detail. Firstly, a brief on the beginning of industrialization will be provided. Further, the impact (or its absence) on men’s and...
Introduction Nowadays, business transactions become more and more complicated due to the interdependence between different economic segments. The currency exchange rate is one of the definers of the relationships and goods exchange in the international arena. The concepts of supply and demand and market equilibrium determine a value of a...
Introduction Globalization is gaining more and more impact on institutions, ranging from small companies to multinational corporations. The shrinking of international boundaries among enterprises and their markets has made it necessary for institutions to come up with the possible strategies for dealing with the demands of such diversification. The element...
Introduction General Motors (GM) is a symbol of the American automotive industry and culture. It is known for an exceptional quality of manufactured automobiles as well as a high level of competitiveness and significant impact on both national and global vehicle markets. GM was founded in 1908. Since then, it...
Introduction Sparrow Pharmaceuticals has acquired its client base by advertising credible and thematic articles and offering a high-quality selection of medical research findings. The given measure has granted the trust of its customers as it was useful for them together with the excellent performance of the company’s products. There is...
Organizational culture occupies a critical place in the existence of any institution. A wrong approach to this issue can quickly destroy any enterprise. The purpose of the essay is to analyze the components of organizational culture using various examples. This problem is essential not only for business enterprises but also...
Introduction Holacracy is a specific form of organization of a company’s structure that implies the elimination of all the organizational hierarchies. The concept was invented by Brian Robertson as a method of improving corporative efficiency. The lack of ranks is supposed to encourage the employees to work out new plans...
Implementation of specific strategies or solutions demands an effective and comprehensive approach that guarantees consideration of all issues vital for the improved outcomes. Under these conditions, the implementation strategy acquires the top priority as one of the major goals to attain success and avoid failures. For the healthcare setting, the...
While conducting business, it is important to take into account the strengths and weaknesses. A firm should focus on strengths and create new advantages that competitors are lacking. Stark Street Pizza Company is a small restaurant in Portland which has a small regional footprint. Nevertheless, it has been around since...
In their article, Masteika and Čepinskis (2015) analyze the relevance of the roles of dynamic capabilities in organizing modern supply chains and how they are expressed today. The researchers present the characteristics of supply chains and dynamic capabilities and compare the two in the context of their relationship (Masteika &...
It is a primary goal of every business to improve its quality and productivity while reducing costs and overcoming any inefficiencies. In some cases, there is a specific job position, Continuous Improvement Manager, that deals with the task above. Such managers are free to choose the existing methodology and tools...
In the course of my job practicum at the New York Methodist Hospital, my professional experience was guided by a dedicated preceptor who significantly assisted in my career development. At the beginning of this year, the world faced an exceptional challenge in the face of the COVID-19 pandemic, which directly...
The process of globalization has changed how both suppliers and vendors imagine successful manufacturing and business management in general. Nowadays, the existence and rapid expansion of the free market implies high competitiveness among business units in order to obtain the most cost-efficient and quality-assuring workers in the segment (Azadeh et...
Pivot Table is a tool that allows a user to present data in a form that is convenient for analysis. The view of the pivot table can be quickly changed with just one click, placing data in rows or columns, choosing grouping levels, filtering, and dragging columns from one place...
Introduction Ethics has become an integral part of any business due to the prevalence of interpersonal relationships that span multiple cultures, genders, and socioeconomic strata. As the domain of interpersonal communication enlarges, ethical issues are growing in number. Therefore, it is essential to consider business ethics as the required framework...
Being a good team member, a leader, and a manager is possible to develop an effective strategy of handling employees’ requests and planning working schedules for holidays. The first step is to analyze the situation without being emotional and to discuss possible alternatives with Karen, who works directly with employees...
Introduction Exporting is used as a means for venturing into the international markets. There has been an increased interest for people to know the performance of the export market. The quest has caused some analysts to research more about the export market (Aaby & Slater, 1989; Bilkey, 1978; Cavusgil &...
Capital budgeting is described as the planning procedure that an organization utilizes to determine the investments worth pursuing. Therefore, in the context of capital budgeting, project risk is referred to as uncertainty regarding the profitability of a project. If the potential of a chosen activity has an unknown implication on...
Introduction Business activities are complex undertakings due to the procedures involved in their operations. Even though, people may argue that it requires common knowledge to operate a business; some guidelines must be observed to manage business investments (Todman 2012). There is the need to establish a record-keeping system that will...
Introduction Across various business and economic spheres, the words “leader” and “manager” are often used interchangeably. While these concepts can exist in symbiosis, good managers are not always great leaders and vice versa. Understanding the fundamental differences and similarities in function, responsibilities, and personal traits can explain this contradiction and...
How the Concept of product life cycle applies to Regal Marine products Product life cycle is an extremely essential strategy in the marine vessels production. The results of having a life cycle plan enables Regal Marine to organize and lay down measures that incorporate the well being of the company...
At-will employment is defined as such relationships between an employer and employee in which the latter could be dismissed without any warning or valid reason. The proponents of the at-will employment doctrine argue that it is beneficial for the worker to the same extent as for the employer since the...
Brief company history Apple Computer, Inc. was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976 in California. The organization’s commercial activities began with the production of its first personal computers with the MOS Technology 6502 processor: success came almost immediately. Since then, inventors have created other versions...
Ethical behavior at the workplace seems to be one of the top topics in the world agenda, considering the number of scandals occurring in the world-known enterprises. The trend of the ethical workplace spread is still in process: the developing countries are still getting acquainted with the new ethical standards...
Ways of Entering the Market The world has experienced multiple changes, especially in technological advances that have facilitated the integration of the economy in different countries. Changes such as traveling, information sharing tools like the Internet, computers, and smartphones, as well as distribution channels, have facilitated the concept of globalization....
Introduction The core principle of servant leadership is based on the idea to serve other people and to focus on the well-being and growth of the leader’s followers. The preceptor who guided my job practicum experience at the New York Methodist Hospital embodied the key aspects of servant leadership. She...
Principles of individual decision-making Individual decision-making is a process where a single person makes a decision without necessarily consulting other parties. This increases the chances of making ineffective decisions and it is for this reason that there are principles which have been developed to act as guides to the individuals....
Historical Performance Measures Profit The metric of profit has likely not changed much throughout the 20th century. It remains one of the most important measures of success to businesses because it often determines whether it can continue operating in the long term. How it is measured, such as gross, operating,...
Before I read Lynn Sharp Paine’s Value Shift: Why Companies Must Merge Social and Financial Imperatives to Achieve Superior Performance, I had not paid much attention to the values in business management. However, after reading this book, I have realized that the principles of business ethics are an important tool...
Lidl is one of the leading grocery discounters in the European and global markets. The retailer’s worldwide volume in sales was €62.7 billion in 2014, which made it the ninth top grocery retailer in the world or number one in Europe (Schmid et al., 2018). The company was established in...
The research mainly focuses on intercultural communication experiences between non-native English-speaking women and native English speakers. Thus, the purpose of the study is to examine the work interaction experience of these groups in order to understand the underlying barriers of communication. The major finding is the fact that both groups...
Trade shows are critical as it allows for direct B2B connection between manufacturers and retailers, providing a platform where industry players can display and demonstrate new offerings to not only retail organizations but media as well. Trade shows are common industry-specific allowing a manufacturer to evaluate competitor products and identify...
Introduction Corporates use SWOT analysis as a tool for making decisive and strategic decisions that are essential for the stability of the company in the long run. In fact, SWOT analysis is the most reliable tool managers utilize to come up with the best marketing decisions. SWOT is an abbreviation...
Introduction Both the individual in particular and society as a whole equally form and lead each other. In my case, K. Kelly Hancock, Executive Chief Nursing Officer, became that individual, namely a mentor or a leader. She greatly inspired me and influenced my worldview by her leadership style and qualities....
The study focused on determining whether UK university athletic departments engaged in strategic planning. It also wanted to investigate the key areas of focus in strategic planning. The third objective was to analyze the relationship between university size and strategic planning as well as athletic director’s background and strategic planning....
Sustainable Business Model Innovation Sustainable business model innovation comprises new business units, diversification to other business versions, and the purchase of new investments. Based on this definition, sustainable business innovation targets features such as sustainable value production, active shareholder management, and long-term outlook. Based on this analysis, this paper proposes...
Economic development in Africa has the potential to create a new consumer class shortly. This latent market could be a future source of prosperity for Gain if marketed correctly. The first analytical technique suited for this task is cluster analysis. In short, this method puts together similar variables inside a...
