Managing Conflict in Teams and Organizations

Any organization is based on a team of workers, without which the functioning of an entire enterprise is impossible. The variety of characters, interests, and needs makes the collective the most complex and unpredictable system, in which there is a constant struggle of opposites. Thus, the development of an organization...

M&J Catering and Hosting Firm’s Business Model

Key Activities For the initial year of M&J Catering and Hosting, the process of prioritization will be essential for putting the emphasis on the most critical aspects of the business. These will include marketing, product development, hiring, and web development. Both marketing and web development are highly intertwined due to...

Classical Conditioning as a Marketing Strategy

Definitions Classical conditioning is a process that manipulates the human brain by associating everyday items with specific terms. During the elections, this guideline is utilized to painstakingly express politicians’ messages to the residents. For instance, they get the artists to sing them at their assemblies (Quickel, 2020). Classical conditioning has...

The Role of Leaders’ Values in Organizational Culture

In the contemporary corporate world, there exists a belief that leaders are motivated by their ambitions rather than beliefs. For this reason, international companies are starting to invest substantial funds in developing value-based leadership. Therefore, this response will discuss the role of leaders’ values in the organizational culture. Fundamental beliefs...

Age and Gender Discrimination in the Workplace

Introduction Discrimination in the offices and among colleagues is a serious issue in the modern world that is claimed to be tolerant and equal for everyone. This topic and its causes and consequences are widely discussed by specialists in diverse spheres such as sociology, psychology, human resources, and management. It...

Equate: Industry Specifics

Equate is a Walmart-owned brand that is engaged in producing and selling medicines and beauty products. The goods of this label include pain relievers, anti-allergic drugs, skin and hair care cosmetics, vitamins, and other products in this category (“Quality care begins here,” 2020). The industry is competitive, and individual market...

Rolf Stahel’s Leadership Style and Skills

Introduction Who holds good leadership style is a major subject of debate to many people. While many people tend to think that a person is born with leadership qualities, others believe that leadership skills are learned, acquired and nurtured during a person development. However, despite the form in which leadership...

The Importance of Understanding Culture in Marketing

Nestlé S.A. is a conglomerate corporation whose headquarters are located in Switzerland. Being the largest food company in the world, Nestlé oversees a number of subsidiaries. Tombstone and DiGiorno are two brands of frozen pizza that originally belonged to the American company Kraft Foods. However, after being bought by Nestlé...

Team Decision Making Techniques

Decision-making is a process when a responsible person analyzes an issue and looks for possible variants of how to solve it. When a group of people is involved, a decision-making process becomes challenging. On the one hand, all the participants share the burden of responsibility, and they can unite their...

Costco: Strategic Management

Introduction Costco is a multinational enterprise which manages a global chain of affiliation warehouses, and offers the products at relatively lower prices than other retailers do. It is an American-based retail store headquartered in Washington, the USA. The corporation is the central organization of other members and it provides goods...

The Fundamentals and Practice of Marketing

There is a huge demand for elderly health care services because the number of senior citizens in need of assisted living care is high. In this paper, a marketing strategy of an elderly home, Golden Ages, is analysed. The organisation will use a multi-segmented marketing strategy to penetrate its two...

Demographic Trends in Organizational Strategies

USA is one of the most powerful economies in the world in terms of economic and financial growth. Over the past three decades, the rate of employment in the United States of America has been increasing. In the 1990s, the work force growth rate was 1.1 % lower than the...

Restaurant Business Environment and Management

The passion of operating and succeeding in business depends entirely on the sole decision of the person setting up the business. The business requires the owner to have some educational qualifications in business-related courses and good relation with both the employees and the customers. The paper highlights the business environment...

Leadership Theories and Their Role in Organizations

Leadership is the ability to inspire, motivate, and empower a group of individuals in an attempt to achieve a specific objective. Today, headship is essential for firms’ long-term and strategic existence because it aligns the employees with the company’s strategy (Mango, 2018). Multiple scholars have formulated several concepts to explain...

Opinion Brief: TOMS Shoes and the Body Shop

Socially Responsible Efforts TOMS Shoes is one of the most well-recognized businesses in terms of social responsibility in the corporate world. The reason for that is the fact that the company’s operational strategy is inseparable from its mission. TOMS was founded on the principle of giving away a pair of...

Influence Process of American Business Leaders

Introduction The concept of leadership seems familiar to modern people, as it is at the heart of a successful business. However, it is challenging to define who is a leader and what qualities are necessary to fulfill such a role. Even the most successful and famous CEOs who run immense...

Internet Usage Among Small and Medium Enterprises: A Malaysian Perspective

The Magnitude of E-Commerce Today Since e-commerce plays out within the large laissez-faire environment of the World Wide Web, there is essentially no central registry that reliably reports the magnitude of global transactions. Hence, estimates vary widely: US retail sales were estimated at $170bn in 2006. While Europe lagged behind,...

Josh Schmidt Financial Case: Financial Strategies

Introduction Financial planning is an important tool in establishment and achievement of personal and organizational goals. It is important that an individual plans his or her life’s financial well being in order to establish the financial position at the retirement time. Josh Schmidt planned his financial plan that has been...

Google’s Business and Marketing Strategy

Introduction Significant advancements in information technology and communication (ICT) have introduced substantial transformations in the current business world. The corporate sphere in the United States has experienced tremendous growth due to the rapid development of pertinent technologies. Google Inc. is one of the premier and most reputable innovative companies in...

The Orange Door Health Center: Solution

Strategic Plan for the Orange Door Health Center Addressing Environmental Issues and Perspectives for Development Because three areas will be considered in a strategic plan – staff development, managerial approaches and technological advancement – a transformation of the Orange Door Health Center should be carried out about these aspects (Filipovitch,...

Selling Sponsorship for Recreational Sports Program

Introduction Sports are some of the social activities which keep various communities integrated and closely linked. Consequently, it is essential to promote sports, which can readily be accepted by society members and contribute to their success. The sport adopted for this community recreational program is soccer, which has existed for...

The Parmalat Company: Corporate Governance

What does “agency problem” mean? Agency problems are behavior issues that arise out of the formal separation of management and ownership of a professionally managed company such that they form the key determinant of the capital structure and the distribution of policy decision. In this case, shareholders are twisted by...

Improvement of Flowers Quality

Introduction My flower business specializes in providing customers with the best floral arrangements for their special occasions, including birthday parties, weddings, and anniversaries. One of the biggest problems facing my business is the preservation of flowers. I noticed that they remain fresh for up to five days, meaning sometimes I...

Recommendations for OSHA Standards

Workplace safety is a critical management concern, as it determines whether an organization makes the best out of its employees. Manuele (2019) asserts that companies tend to encounter accident-related challenges, some of which escalate to lawsuits leading to compensations for injured personnel if they overlook safety. However, having a comprehensive...

Instagram-Influenced Marketing: Trends and Future

Introduction Social media continues to be one of the essential communication channels between businesses and consumers. More than one billion Instagram accounts are active every single month, according to the platform’s internal data (Business, 2018). Therefore, Instagram can be used as an immensely effective marketing tool that helps consumers understand...

Case Efficiency and Adaptation, Tower Records

Symbiotic Partnership between Monkeys and Wolves Type of Relationship It is clear that Gelada monkeys and Ethiopian wolves have a strong bond involving the fight for survival. Since the monkeys are not bothered with the wolves entering their territory in most cases, it can be noticed that there is an...

Leadership Styles: Transactional Vs. Transformational

Leadership styles refers to the approach that a manager adopts in order to exercise authority in the work place and be able to direct staff towards meeting the organizational mandate as outlined in their job descriptions (Foti, 2007). It is the way that a manager resorts to conduct things in...

National Association of Social Workers

Introduction Social work is an essential aspect to individuals as well as community at large. In addition small and organized groups can also immensely benefit from social work services. Studies reveal that it improves human life through education, direct practice, better organization of society, policy formulation and integrated research. It...

Success Rate of a Biotechnology Firm

Advancements in biotechnology have been tremendous for the last forty years. Commercialization has been rampant while researchers have engaged in innovation activities that have led to development of technological tools in biotechnology (Zeller, 2001). The year 1980 experienced substantial investments in biotechnology around the globe which was partially influenced by...

Global Marketing in the Smartphone Industry

The selected business industry for this scenario is the smartphone industry. The business research topic is customer satisfaction and value perception. The purpose of the global marketing research is to find the impact of consumer perceived value (CPV) on a smartphone purchase intention. Maximizing CPV is a major challenge for...

Product Mix and Price Variances

Computation of Product Mix Variance Item Expected ($) Actual ($) Gross Revenue 3,500, 000 3,500,000 Discount (325,000) (350,000) Net Revenue 3,175,000 3,150,000 Lab testing cost (1,150,500) (1,400,500) Gross contribution 2,024,500 1,749,500 Direct costs (salaries) (870,000) (870,000) Net contribution 1,154,500 879,000 Product mix variance measures the departure of the actual performance,...

Customer Care Innovations Implementation

I have worked for a company that is involved in the sphere of online sales. I would suggest the following inspiring vision statement for it – the best customer is a satisfied customer. Given the fact that the firm has to constantly get in touch with clients, it is essential...

A Positive Organizational Behavior in Organization

Organizational behavior refers to the behavior of individuals, teams and management that forms organizational culture. It is important to note that organizational behavior highly determines efficiency and output of an organization. On the same note, due to division of labor that has become the order of the day; many people...

IW Customer Relationship Management Plan

Customer Relationship Management (CRM) is crucial for running a business effectively and generating revenue. According to Kotler and Keller (2015), careful management of clients’ information and customer touchpoints can help increase loyalty. International Waters, Inc. (IW) has been in the hotel industry for two years; however, the company faces a...

Benefits of Outsourcing Catering Services

Outsourcing is the purposeful allocation of some business processes or systems and delegating their implementation to a third party. It is logical to define the distinguished business processes as those that the organization implements with the least professionalism. Unlike service and support services, which are of a one-time, episodic, random...

Reflection: Team Project Peer Review

Insights Gained Through the Case Study Methods and Their Practical Value Analyzing complex situations, solving specific problems, and approaching relevant solutions are among the priorities that each manager should take into consideration while working in a health care environment. Using the case study method, therefore, is a great contribution to...

The Marginal Productivity of Labor in Business Management

Managing labor cost is one of the difficult tasks in business management that should be addressed with committed efforts. Successful managers should determine the best strategies for managing the cost to increase productivity and reduce labor turnover in an organization (Pekka 82). It is in this regard that this study...

Orange Health Door Center: Organizational Analysis

Overview of the environmental issues important in the case considering competition, technology, community service, funding, and workforce Orange Health Door Center is a non-profit organization that offers moderate health care on a sliding-fee scale to under-insured people in Minnesota. Judging from the case presented in the study by Filipovitch (2006),...

Case Study in Business Insights – Marisa Corporation

Large corporations endeavor to diversify globally to enhance their competitiveness, profitability, and market presence. This is a crucial provision when considered critically with respect to the Marisa Corporation’s case provided. The company should consider numerous issues before establishing its operations internationally (Choi & Meek, 2010). It is important for the...

Asset Pricing in Financial Market

Introduction Risk assessment in the financial market is regarded as one of the key insurance tools for effective asset pricing. Since the prices of the assets are formed in accordance with the market principles, and stock investment strategies, the risks play an important role in defining these strategies. Therefore, the...

Choosing the Instrument of External Finance

Introduction There are several sources of external finance that are available to a company. A company can raise finance either through equity financing, bond financing, or bank finance. Each instrument of finance has its advantages and disadvantages. There are several things that the senior management must consider when choosing the...

Financial Accounting Standards Board Update No. 2011-05

Introduction The ongoing convergence of the US GAAP and the IFRS accounts reporting standards aims at providing standardized financial statements for US firms applicable internationally. These standardized financial statements will assist in further clarifying and predicting cash flow trends and hence offer international stakeholders the opportunity to appraise companies’ liquidity...

Document and Workflow Management

Introduction Workflows are processes associated with work processes in administration settings. The technology of workflow helps to support operational processes such as case driven processes. Workflow management system helps to ensure that information reaches the designated computer or individual at the right time (Wil van der Aalst, 2004, p. 74)....

Risk Management for Non-Financial Companies

Introduction Companies, both financial and non-financial emerge with a specific set of objectives. Despite the outstanding differences in the objectives of various organizations, the presence of risk is not deniable. According to Marrison (2002, p. 36), all operations face a certain degree of uncertainty. The challenge facing the management of...

Successful Business Performance: Key Factors

Nowadays, competition in the market is constantly growing, and therefore, companies need to pay attention to their business strategies and marketing plans. Proper presentation of products, the evaluation of customers’ buying behavior, and reducing costs while increasing income are only some of the factors that require careful consideration. In this...

Computer-Based Communication Technologies and Their Influence on Business Communication

Executive Summary Computer-based communication technologies became widely used with Internet connection getting easily accessible. Using these technologies requires only basic computer skills this is why they are popular among people of all possible ages. Computer-based technologies led to the emerging of social media, as well as social networking, instant messaging,...

Activity Based Costing: Key Aspects

Introduction Activity based costing (ABC) is commonly used because it gives detailed information on the cost of a product unit that is produced. Under activity based costing, the use of cost drivers is quite significant. These drivers are used to allocate total costs to a unit of the commodity produced....

Bolt E-Commerce Operations

In the modern age, many firms are opting to adopt new technological operations. Companies have had to change from traditional brick-and-motor systems to e-commerce techniques. One of the firms that have accepted the transition is Bolt Inc. After rebranding in 2019, the organization decided to adopt some of the vibrant...

Five Areas of Effective Task Management

Introduction All organizations have requirements which prompt the implementation of certain tasks in a bid to improve the overall performance of the organization while at the same time ensuring that the organization is at par with recent developments in the specific area of operation. The overall success of the task...

Pevensey PLC: Report About Buying Machine

Introduction This paper is a class assignment that supposes the student to be a graduate trainee at Pevensey PLC with a responsibility to second the company’s secretary, Mary Fulton. It is considered that Mary has requested the graduate trainee to evaluate a project with respect to helping the company in...

Sangria Restaurant: Business Proposal

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

Financial Statements: Strategic Management Concepts

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

Marketing Research for Wine Industry

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

Tropical Juice Manufacturing Company Brand

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

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

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

Organization in the Work of an Early Care Worker

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

Financial Analysis of Unilever Group

Solvency and debt ratios Solvency ratios measure the ability of the company to meet the interest obligations that arise from debts payable by the company. A commonly used solvency ratio is the interest coverage ratio. It is arrived at by dividing earnings before interest expenses and income and interest expense....

Private Equity in the Business World

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

Qualitative Research on the Gender Perception of E-Commerce

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

Analytical Review of GASB and FASB

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

Benefits and Drawbacks: Economist and Mathematical Statistician

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

Art Careers and Small Businesses Through Crowdfunding

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

Developing a Firm’s Positioning Strategy

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

Perisher Blue Pty Limited: IT Strategic Plan

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

Innovative Business Models in Contemporary Settings

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

Drug Release: Ethical Dilemma in Pharmaceutics

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

Demand Forecasting and Its Benefits for Business

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

Transitional Leadership Role in Teamwork

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

Observational Methods to Research the Student Experience

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

Risk Management: Various Insurance Types

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

Planning Process of Human Resource Management

In order to run a successful business, it is vital to take into account human resource planning. The reason for this is that a proper HR strategy provides the means through which companies can guarantee that they employ professional staff capable of completing tasks. Moreover, a good manager should also...

Job Evaluation Methods and Their Effectiveness

Job evaluation involves measuring the worth of jobs within an organization and ensuring a reasonable wage differential. Evaluation methods can be non-analytical, such as ranking and classification, or analytical, such as the point method. According to the U.S. Office of Personnel Management (1991), a full understanding of the classification standards...

Factors Affecting the Use of Strategic Management Accounting

Introduction “Over the last three decades, there has been a tremendous increase in the number of innovative management accounting (MA) techniques developed across a wide range of industries”(Abdel-Kader and Luther, 2008). Abdel-Kader and Luther, 2008, go further to explain that these new techniques have in the end had effects on...

ViaBela: Online Buying Cite Research Proposal

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

Management of Production Costs

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

Aldus Corporation’s Marketing Strategy

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

Capital Budgeting of New Heritage Company

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

Net Present Value, Estimating the Future Net Cash Flows

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

Restaurant Staff Training Plan for 2020-2021

Introduction This proposal covers a training plan for all employees of the restaurant. The purpose is to educate and train the personnel following the demands in the hospitality industry of 2020 and the following year. The expected result is the fully trained and properly prepared staff within a reasonable time...

Internationalization: Strategic Management Concepts

As compared to a firm that only operates domestically (in one country), an international company expands to multiple markets and, therefore, faces unique costs and difficulties (David, 2013). Internationalization is a high-risk high-reward strategy for which multiple global and international considerations need to be made. Financially, an international company will...

Green Logistics Importance

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

Sales Forecasting: Guillermo Stores

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

Role of the Reinforcement Strategies

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

Essential Hardware Upgrades for Successful Business

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

Risk Recognition, Measurement, and Management

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

Using Big Data and Predictive Analytics to Modernize Government Operations

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

Strategic Management Techniques and Tools in Healthcare

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

BHP Billiton and Telstra Corporation

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

HR Management Skill Set in Health Care

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

Wal-Mart Company: DuPont Analysis

The DuPont analysis indicates that the company’s return on shareholders’ equity is affected by its operational efficiency, asset utilization, and financial leverage. The analysis assists management to identify weak areas of business. It also allows management to undertake corrective measures to improve the company’s weak areas and enhance its financial...

Elements of Strategic Planning in Health Organizations

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

Henri Bendel’s Closure Overview

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

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

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

Guillermo Scenario: Finance Principles and Concepts

Finance concepts are the basic principles that help us understand the common practices in finance as well as unique and uncommon difficult situations. In the context of the Guillermo scenario, the following finance principles and concepts can be identified: The Principle of Two-Sided Transactions The principle of Two-Sided Transactions recognizes...

Club IT: Mission and Primary Clientele

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

Accrual and Cash Basis Accounting: Comparative Analysis

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

Alternative Dispute Resolution: Arbitration and Conciliation

Introduction Alternative dispute resolution has been widely used to refer dispute resolution by means other than court adjudication (Staff 231). However, the definition of alternative dispute resolution incorporates a wide range of court oriented initiatives which are designed to facilitate a more effective administration of justice while overcoming delays and...

Client Focused Priority Needs

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

The Participative Model of Organizational Development

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

Wobbly Wheels Distribution Company and the Accurate Financials System

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

Importance of Performance Management in Organizations

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

Brexit and the Car Industry Issues

Introduction In the recent past year, the UK announced its intention to exit the European Union (EU). Membership to the EU enabled the UK to enjoy several benefits, including the benefits of barrier-free trade. Therefore, its exit from the organization is definite to have an impact on the UK’s economy....

Skills and Traits of Leaders Overview

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

Handling of Litigation Contingency Disclosure Facing Greater SEC Scrutiny

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

Cash Is King in the Coronavirus Times

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

Profitability Issue and Supply Chain Strategy

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

Statute of Frauds: Rebecca’s Case

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

Apple Inc: Company Profile and Analysis

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

Market Expansion Investigation

Country Analysis The proposal suggests launching the product of Company A, dog food, in Poland in Central Europe. Its location defines the country’s dynamic development and allows for access to the European Union market (“Doing business,” 2019). In addition to economic growth since joining the EU in 2004 and readjusting...

Blue Ocean Strategy Is a Marketing Theory

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

How to Leverage the McDonald’s Performance

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

Relation Between Humor and Sex Appeals

Contemporary advertisement strategies are well-defined and are being used on a regular basis. They attempt to gain the customer’s attention and indirectly persuade clients to better perceive ads’ information. The appeals used in the advertisement “True Fruits – Awkward Eat Banana” are humorous and sexual (The Star Ads, 2019). This...

Bragg Apple Vinegar Cider Purchase

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

Ethical Dilemmas in Business: Plumpy’nut Controversy

Introduction There are various scenarios that bring about ethical dilemmas within a contemporary business setting. The same is true in various levels of interactions in an organization. For example, the social and business interactions may lead to a number of ethical issues that need to be addressed. Each of these...

The Concept of Branding: Strategic Integrated Marketing Communications

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

The DeVry Educational Group.: Corporate Financial Analysis

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

Consumer Complaining Behavior in the Service Industry

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

The Capital Structure Decision and the Cost of Capital

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

Concepts of Brandt Company: Canada

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

The Data-Driven Decisions in Business

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

Enron and Risk Analysis Theory

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

Successful Marketing Recommendations for Company

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

Knowledge Sharing In Global Business

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

The Methods of Managing a Team’s Resources

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

The Financial Performance Measurement

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

Coercive Power in the Workplace

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

Working in a Bureaucratic Organization: Pros and Cons

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

Customer Service Philosophy, Customer Service Statement

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

Business Prospectus: Initial Assumptions

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

The Case of Nutrition Food Inc

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

Boards of Directors in Strategic Management

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

Starbucks Corporation Overview and Analysis

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

Basics of Consumer Behavior

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

The Role of Risk Management in Reducing Loss Prevention

Definition of the Problem Introduction Risk management (RM) has been defined as the process of scheduling, classifying, directing, and managing organizational conduct in order to curtail the detrimental effects of fortuitous losses at reasonable costs on the organization. Risk avoidance involves eliminating all losses associated with a particular activity, loss...

Data Mining Approaches in Logistics and SCM

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

Health Care Strategical Marketing Proposal

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

Planning with Limiting Factors: Smithton Inc.

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

Corporate Governance and Ethics: Evaluation of Real World Ethical Problems

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

Scarcity Principle: Important Tool in Marketing

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

Team Collaboration: Processes and Expectations for Communication

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

Workplace Bullying and Its Impact on People’s Mental Health

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

Organizational Change in the Concord Bookshop

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

Mitsubishi UFJ Financial Group Enters Brazil

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

The Creation of an Effective Team

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

Nike Inc.’s Sustainable Manufacturing Assessment

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

Information Has Always Been Important in Warfare and Commerce

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

Marketing Mix and Elements That Make It Flexible

The marketing mix is the combination of marketing elements crucial in accomplishing a marketing objective. There are four variables in the equation, which are product, price, place, and promotion. Each of these elements has its own constituents. The ultimate goal is to sell goods and services, therefore a marketer examines...

Being an Employee as an Asset to a Company

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

Offshoring Strategies Implementation

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