11478 samples of this type
Introduction CVS Health operates in four segments, namely corporate, health care benefits, pharmacy, and retail. It deals with cosmetics, drugs, seasonal merchandise, and convenience foods. The company received the best employer award for promoting a healthy lifestyle in 2015 from the National Business Group on innovation. As noted in image...
According to Drucker and Maciariello (2015), the economy of the United States recently experienced a significant shift in approach: from “managerial” one to “entrepreneurial”. Moreover, Mitra (2020) suggests that technology-based ventures and technological innovations play an increasingly big role in today’s market. Hisrich and Kearney (2014) confirm that the changing...
Introduction The bike rack market is growing and more relevant than ever – bicycles have always been one of the most common means of transportation or used for leisure purposes – but a renewed interest in fitness and outdoor adventure drives increased consumer demand worldwide. The major players in the...
In recent years, the changes in the business landscape instilled the evolution of companies’ organizational structures. Traditionally, most firms relied on hierarchical frameworks that prevailed in most industries. Within this format, an organization resembles a pyramid with front-line employees at its foundation and the CEO on top. Between them, there...
The basic features of oral and written communication are often regarded as primary knowledge for the employees involved in corporate management. Of essential importance are the writing skills that allow managers to convey specific information to their subordinates in an efficient and understandable manner. Creating a written piece of data...
Arrid is the brand that was created and owned by Carter-Wallace Inc. Arrid is a brand of deodorant and body wash, and it was prevalent several years ago. However, recently, people from the United States started to report failing to find the production of Arrid in supermarkets. It might have...
In the present paper, the author argues that leadership style matters because it heavily affects the overall performance of a company. To begin with, the claim that a leadership style does not matter is groundless and is not supported in the academic and expert community. The primary reason for this...
Leadership is an essential concept for all teams because it allows them to organize and distribute tasks and ensure their successful completion. The article by Horila and Siitonen (2020) states that most research on leadership was conducted without considering time because experimental settings allow for evaluating groups for a short...
Deductive logic is the process of reasoning where the specific information is concluded from general premises. It normally has a form of a syllogism, which in turn can be divided into categorical, conditional, and disjunctive syllogisms. The former implies two or sometimes more categorical statements that indicate the existing relationship...
Summary Modern sales technologies are flexible and dynamic as they develop and exist in a market with rapidly changing conditions. Sales are influenced by a variety of factors: politics, transport, logistics, and the international environment. The COVID-19 pandemic has had a massive impact on commerce and business. Recently, there has...
The most frequently occurring natural disasters in the US include flooding, hurricanes, and storms. Natural disasters are dangerous for the well-being of people and could severely harm even the performance of companies. In addition to natural disasters, another threat to the business activity of any company is a cyber attack....
Introduction Evaluating the financial success and overall profitability of an organization is especially valuable for its future development. Of special concern are the financial metrics that provide an extensive overview of the current funds, allowing the company to mitigate unnecessary risks and avoid excessive debt or bankruptcy. This report presents...
Walmart Company Walmart is “the world’s largest retail chain,” which has around “11,700 stores in 28 countries” (Marr, 2017). The strategy of the company’s network includes “the maximum range and minimum prices, which tend to be wholesale” (Marr, 2017). Walmart International is a wholesale and retail trade outside the United...
Introduction Relations between employers and employees have always been characterized by considerable fluctuations across the globe as these two groups often have conflicting interests and are reluctant to compromise. State regulations were regarded as one of the ways to ensure workers’ rights and wellbeing, but strict supervision and regulatory measures...
Abstract Given the lengthy nature of a business project, there is always a need to find the best way of ensuring the project is undertaken in the most systematic way with no or rather less errors. Therefore, this paper has laid out some of the important issues that should be...
Introduction Strategic Management Strategic management is a widely discussed topic in modern-day literature. Strategic management is a continuous process that includes planning, monitoring, and analyzing all the company’s needs to meet the strategic goals (Carter, 2013). The purpose of strategic management is to develop and implement a formula that defines...
Diverse and large teams of professions and specialists are significant when handling a significant and critical initiative such as acquiring the IT of big companies and states. These teams are convened to provide an urgent solution or come up with a solution. My review of both ‘Case study material and...
Conflicts within organizations are inevitable due to interdependent parties pursuing dissimilar goals and objectives using scarce resources. Even though skirmishes cannot be avoided, the approaches to resolve conflicts determine how well individuals and companies accomplish the desired goals (Shetach, 2012). The conflict I witnessed at FlipHarp Company involved team members...
Introduction Striving for leadership is a sign of a socially prosperous, mentally full-fledged person. This is an attempt to take a worthy place in the group, team, and society as a whole. To my mind, being a leader is an expression of a person’s inner strength and self-confidence. Therefore, it...
Introduction A non-monetary policy is utilized by other financial authorities or a central bank when the traditional likewise policies are not satisfactory. The policies not involving such an approach include collateral adjustments, quantitative easing, negative interest rates, and forward policies. The non-cash dividends are seen by taxpayers as being distributed...
There is a variety of options to choose from for travelers in Berlin when it comes to Asian restaurants. Every Asian cuisine enthusiast would certainly find something that suits any budget, dietary preference, and aesthetic demands and expectations. Two of the Vietnamese restaurants we visited were Quy Nguyen (QN) Vegan...
In the present-day world, businesses face numerous risks, and their ability to overcome them positively correlates with their chances for survival in the future. The possibility of bankruptcy evokes significant concerns in entrepreneurs regardless of their experience in the field and position on the market (“The primary reasons why businesses...
Employee empowerment became one of the crucial approaches for companies to gain a competitive advantage. In this post, I will examine two companies that achieved the top positions in their respective industries through this method: Dell, Inc., and Google LLC. Starting with Dell’s success, it is possible to trace the...
Introduction Attacks against insurance companies demonstrate how the criminals choose the financial services company to get large amounts of money. CNA Financial, an insurance organization, became a victim of a malware crime in 2021 (Mehrotra & Turton, 2021). The perpetrators were not identified because they had used the malware, which...
The symptoms of stress are known to everyone: muscle tension, constant fatigue, irritability, sleep disturbances, difficulty concentrating, palpitations, and obsessive thoughts. Life gives a lot of reasons for stress: a quarrel with a loved one, a sharp remark from a boss, a mockery from a colleague, rudeness of fellow travelers...
Workplace conflicts are common occurrences due to the combination of factors, such as needing a team effort in order to achieve organizational objectives and being properly recognized and credited for one’s individual input. Therefore, in most cases, it is difficult to pinpoint and appraise a single employee for outstanding performance...
Zara has been dominating the apparel industry due to its unique business strategy incorporating the principles of sustainability ad cost-efficient production. In the apparel industry, developing a sustainable business model is extraordinarily difficult due to high competition. However, Zara somehow managed to create a functioning business model that not only...
There is a practical altruistic philosophy of Servant-Leadership, which supports people who choose service first and leadership later to provide more services to people and organizations. The research that I have studied is devoted to identifying the main traits and characteristics inherent in the Servant-leader. Economists and psychologists have worked...
Introduction Emotional intelligence has recently become a popular topic for discussion among people, especially students and office workers. There are even enthusiastic supporters of EI who consider it to be of more value for t achieving personal goals and zest for life than intellectual faculties. Indeed, the so-called IQ seems...
The present study addresses the potential benefits and costs of the fire districts and municipal fire departments consolidation in Lee County. In particular, it examines how the proposed legislation to create the Lee County Fire Control and Rescue District is potentially effective in improving efficiency and reducing the cost of...
Practice shows that a business that takes on various social obligations always shows better results in its work. By investing in the social sphere, business organizations ensure their successful promotion. The development and improvement of the social environment correspond to the long-term interests of businesses and organizations. In the long...
Summary In the course LGMT 636 Transportation Management, the final activity is the Research paper which describes the importance and peculiarities of the IoT as an emerging technology impacting transportation and logistics. I researched the current area of knowledge regarding the IoT in transportation and logistics. The objective of this...
A professional code of ethics in marketing The American Marketing Association (AMA) has the mandate of promoting the highest professional, ethical values and norms standards for its members, constituting students, academics, and practitioners. The values committed to by the AMA represent collective conceptions considered morally proper, necessary, and desirable by...
Credit analyst scrutinizes historical financial data for companies and individuals seeking a loan from money lenders to verify the creditworthiness and possible risk associated with lending the funds. They approve loan application by determining the likelihood of repayment. The minimum qualification for the position is a bachelor’s degree in accounting,...
In the course, LGMT 685 Global Logistics and Supply Chain Management, the assigned exercise, Module 8.5 Research Paper, was aimed at studying the contribution of the new and emerging technology on logistics and supply chain management. Technologies are crucial in creating strategic opportunities, and it was important to research how...
Outsourcing is the practice of contracting with a third party to provide services or produce goods that would otherwise be performed in-house by the company’s employees. Considering the five fundamental reasons organizations outsource, it is possible to indicate the access to expertise and technologies, cost reduction, client company’s concentration on...
Amazon has an extensive network of manufacturers who are partnered with the company and supply it with a significant portion of order volume. Procurement’s input resources consist of purchased goods from other vendors and manufacturers. Its processes consist of managing contacts with numerous sellers, seeking new partners, purchasing goods, and...
Introduction Higher levels of education are meant to prepare students by providing the knowledge, competency, and skills necessary to succeed in their industry. Business administration is one of the most complex fields, both academically and practically, commonly requiring completing a challenging master’s in business administration (MBA) curriculum. While such academic...
Direct marketing involves targeting a particular party in an advertisement without using intermediaries. In this form of promotion, the companies may directly call a client or send e-mails to their customers about their desired products (Matviiets & Kipen, 2021). The e-mails sent by commercial companies appear as spam e-mails, giving...
As an example of a vacancy, I found a job as a Receptionist at Fairfax Medical Facilities, IN. The company works in the field of medicine and is looking for a person who will work directly with patients visiting the organization. Human resources employees clearly describe what the company does...
Frequency marketing is an advertising strategy that aims to encourage regular customers and those who buy products in considerable amounts. The company encourages consumers with discounts and material gifts, but prizes may vary depending on the organization. Sales promotion is a system of planned advertising events united by striving to...
While examining the statement of cash flows from Home Depot for the past two years, one can note some unique features that reflect the financial strength of the organization. As a significant criterion, net earnings should be considered, which, compared to 2019, increased by $1.5 billion. Based on such parameters...
Leadership Structure and Adoption Cici’s Pizza’s business approach and leadership style set it apart from its food service competitors. Restaurants may only offer their best meals during lunch or on certain days. But Cici has a distinct market strategy. A $6 breakfast buffet is available every day at Cici’s. Salads,...
Communication is an exceptional tool in every person’s daily life. Nonetheless, it is essential that “both the transfer and the understanding of the meaning” (Robbins & Judge, p.427) are included in this process for fruitful outcomes. We use this tool to contact other people by transmitting and receiving information. We...
Mobile technologies change the quality of not only personal communication but also of a business one. Employees of different companies can communicate with each other from different places of the world. Moreover, communication with consumers is also affected, which gives businesses new opportunities. The most relevant example of a business...
In general, derivatives refer to a financial instrument that allows securing a certain value that is reliant upon a monetary asset. The most frequently utilized assets are stocks, interest rates, market indices, and bonds (Fernando, 2021). The derivatives might take various forms, including future contracts, swaps, options, and forwards which...
In the current reality, I feel that the importance of creativity is largely understated or, more accurately, misplaced. The use of various creative methods for making a product is important, but many may substitute needless innovation for truly considering what a project might need. While many organizations and individuals understand...
Supply chain management (SCM) is the core of the Aviation and Defense (A&D) industry. Though it comprises a complex ecosystem, an effective and efficient SCM supports its efforts to meet its strategic and financial goals. According to the data compiled by the Aerospace Industries Association (AIA), it is evident how...
The process of new product development has eight major stages and starts from idea generation. It involves a systematic search for ideas about new products, which is carried out mainly on the basis of internal sources of the organization. Then comes the idea screening: an analysis of all the ideas...
Introduction For the past two years, the world has faced a severe challenge that influenced all the spheres and changed many people’s life. The COVID-19 pandemic still impacts all spheres of life in all countries around the world. It repeatedly causes crises that negatively affect not only the public health...
Deception is a phenomenon that is generally negatively perceived in societies and cultures worldwide, and everyone who indulges in it may face punishment. In the business context, lying is also viewed as unacceptable and leads to reputational as well as legal ramifications. Nevertheless, every year, new corporate scandals emerge involving...
Globalization processes determine the need to assess diversity in the workplace. Ferdman and Sajiv’s (2012) research indicates that science continues to seek additional opportunities to use variety in human potential management processes. In heterogeneous teams, creativity and productivity increase as decisions are made based on people’s opinions from different backgrounds...
Complexity The unexpected failure of the content delivery network (CDN) called Fastly severely affected the work of numerous websites in Western Europe and North America. These websites are the Guardian, New York Times, Amazon, Twitter, Reddit, and the website of the British government, to name but a few. CDNs are...
Changes in the global management paradigm have affected one of the most important components of management – the leadership process. A great example of a modern model of ethical leadership is the concept of servant leadership. According to Kumar (2018, p. 44), “servant leadership is about finding satisfaction and motivation...
Summary Standardization is an approach to marketing that lies in developing certain samples of products, pricing, placement & distribution, or communication to apply to all cases. By contrast, adaptation presupposes modifying any of those in accordance with the peculiarities of a particular market. The biggest multinational companies that perform in...
Financial statements reflect the financial impact of transactions and other events by combining them into large classes according to their economic characteristics. These large classes are called financial statement elements. Elements directly related to the measurement of financial statements in the balance sheet are assets, liabilities, and shareholders’ equity. Only...
I have examined the websites of Adidas, Reebok, and Patagonia – the three leading companies in the transparency index. Their contribution is undoubtedly admirable; however, in my view, the most remarkable report was made by Patagonia. Since Hart (2019) mentions that this brand was included in the index for the...
Food Waste Reduction Referring to the current situation in Peru concerning the high rate of food waste, the best solution is to distribute the restaurant’s remaining food to people from disadvantaged and broken families. It is the best option and initiative that has multiple directions. The first one is that...
Introduction My stand A 5% shareholder rule will work against the independence of the board of directors who should own the shares of Alibaba. Agency theory This law is applied to explain and resolve conflict in the relationship between the agents and their principals. It is essential to base on...
I am well-organized, and I work by rules, which can help me stay focused on the task. I am also grounded, and as a leader, it may help me orient the employees on the results. I am not contentious as I try to conflict with other individuals. However, scoring low...
Mission Statement We esteem our clients and therefore treat everyone who contacts the company as though they are our only customers by giving them swift responses to demonstrate how important they are to Dudebox. Vision Statement To become a global leader at connecting men to quality and unique products that...
The interpersonal conflict that I have chosen for this post is between my two co-workers and me. I will call the first co-worker A and the second one B. The situation is that co-worker B found out that I and co-worker A got rewarded for the project we had completed....
The development or improvement of any product starts with an idea and estimation of how this product will be able to benefit consumers and satisfy their needs. Traditionally, new ideas are introduced by small businesses and entrepreneurs – they aim to take their niche in the market focusing on growth...
Online retail channels became one of the core practices in marketing. It is essential to understand that online buying behavior significantly differs from traditional retail stores, as there are many new factors that affect buyers’ decisions (Lim et al., 2017). Online stores must assess these differences in consumers’ perceptions in...
The Industry and Geographic Area One of the most profitable and rapidly growing sectors of the United States’ economy is the healthcare industry, which provides a wide range of services in preventative, critical, curative, and other types of medical care. Despite that, it is apparent that the industry faces a...
Walmart is a multinational corporation that incurs significant profit due to the wholesale and retail business. It is a major American employer and a competitive brand across the region. In this case, the company incurs high amounts of revenue from the transactions both in stores and through online platforms. In...
Introduction The culture, beliefs, and practices of people in a given demographic or geographic description significantly impact various fundamental aspects of their organizational and business culture. People of different cultures exhibit specific protocols and perspectives dictated by their beliefs. Religion and tradition constitute most of the determinants of the laws,...
Hard (technical) competencies are characteristics that enable people to carry out job-specific tasks and duties. Seminars, vocational education, and on-the-job training and instruction are all options for acquiring hard skills. These abilities are frequently centered on particular activities and procedures, for instance, equipment, devices, or software utilization. Soft (people) competencies...
The various legal issues involved in an employment contract usually entail an enforceable contract and negotiating a more favorable contract term. However, some juridical issues arise due to contractual breaches or actions by the employer that are invalid or contrary to the provisions of the contract clause. Among the legal...
The implementation of the proposed solutions will be possible through the use of specific lean tools that will help Vachon optimize its supply chain with maximum efficiency at the current stage. First of all, the use of the 5S system will address the improvements from a comprehensive perspective. It will...
Organizer for cosmetics + Mug = Travel mug Smaller weight – more expensive product Organizer mug for traveling + hiking = three full-fledged travel cups Necessary skills: designer skills knowledge of ecology External expertise: marketing advertising pricing search for sales channels development of product positioning Market gap: Multifunctional tourist tableware...
The article “Takings/Private Property Rights,” by Rajagopal and Oesterberg (2021), highlights those exclusive rights to a resource’s services and exclusive rights to choose how a resource is utilized are two of the most important characteristics of private property. The article argues that the right to exchange the item at a...
A joint venture involves a business partnership between two businesses that intend to benefit from the partnership but also deal with the risks of cooperating. The venture is guided by law that defines the nature of attachment. The following analysis involves a joint venture between Eli Lilly and Company from...
Many organizations have failed because they are unable to keep up with the needs of the market and adapt to the changes of the rapidly evolving market. The tendency to be too complacent leads to less innovation, especially if the company dominates the market. This leads to laxity, which in...
The case is concerned with a paper production company, Paperworks, wishing to expand its business and increase profits. It operates in two primary markets while holding the leading positions, but they are not as profitable as magazines and greeting cards. Thus, the company would like to have a presence in...
Charlie Harris is facing a tough challenge; he needs to find 50,000 major tub assemblies for $ 160 per unit. Otherwise, the new product will fail, and supply management of the Rub-A-Dub Washing Machine Company will end. One way to do it is to convince old Rub-A-Dub’s suppliers to agree...
The corporate culture is a significant element of any major company. It determines how the company builds relationships between the leaders and the members of the organization and the general interpersonal communication within the company. In many respects, the corporate culture directly impacts the desire of a potential applicant to...
The job searching website Indeed Jobs offers a very wide array of work options within the area of information technology including specializations such as IT support, information technology specialist, desktop support analyst, and customer service within the area of information systems (Indeed, n.d.). The skill sets that are the most...
The Company Purpose The strategic purpose of TBK company is to provide quality services in the fields of web design and digital marketing. They chose it to ensure assistance for the promotion, sale of goods and services of their clients. STP Market segmentation is determined by the desired benefits of...
In accounting, many transactions are carried out, and one must be keen to ensure that the correct information has been obtained. The failure to balance the sheets will lead to wrong decisions, and this will affect the organization since there will be errors in calculations leading to the organization incurring...
Investment is one of the core spheres in accounting, therefore, many systems of standards are suggested for implementation. However, the two most popular ones are the International Financial Reporting Standards (IFRS) and the United States’ Generally Accepted Accounting Principles (GAAP). Over the last years, there has been a number of...
In my opinion, the strategic business plan for the product Tamazon 4 is developed very clearly and concisely. To optimize strategic business planning, a company must properly define its goals and conduct extensive research to properly understand industry trends, and in case of Tamazon 4, it had been done perfectly...
Strategic management is the main tool for maintaining the competitive advantage of companies in a complex contemporary environment. Currently, organizations need to constantly transform their strategy in accordance with the changing external conditions. Strategic management focuses on analyzing a variety of factors and developing the most relevant business strategy in...
Introduction A situational analysis should explain and examine the internal and external environment that affect an organization’s development. It is a means by which it can identify its weaknesses and strengths and relate them to threats and external opportunities. The cleaning organization created by Abu faced many drawbacks and found...
Executive Summary Information collected and stored by companies is usually used to optimize its production and service delivery procedures to attain desired outcomes. The generation of significant data amounts poses considerable challenges; it adversely impacts the proper management and meaningful use of this information. Big data surpasses the conventionally used...
The Persona method is a way to “humanize” the product’s audience to work most effectively with its needs. The process consists of the fact that several vital personas are consistently created for the product. Each person or character represents a specific collective image of a particular segment of the product’s...
Introduction Diversity in a company means the differences between each individual. It encompasses gender, age, religion, race, ethnic group, mental and physical conditions, sexual orientation, citizenship status, military service, and other distinctive characteristics between individuals (DesJardins, 2014). These differences play a role in a company’s policies to meet equality concerning...
Modern organizations are facing a great management succession crisis. This is an issue affecting small, medium, and large firms. This case was published some decades ago but the management problems that existed are still fresh in today’s companies. After the chief executive of a renowned company in Wickersham died, there...
Major ethical systems in philosophy include deontological and consequentialist ethics: the example of the latter is utilitarianism. Deontology is also called duty-based ethics: it states that ethical decisions should follow the set of rules connected with the situation. An example of such an ethics is the Kantian categorical imperative, which...
Email Email is a means or system for transmitting messages electronically, as between computers on a network (Merriam-Webster, n.d.). Email is appropriate to provide large amounts of information through attachments that do not need to be explained in detail, to provide timely information and status updates in the body of...
NAEYC Ethical Standards are the set of rules and instructions offering guidelines for responsible behavioral patterns for resolving ethical dilemmas and conflicts arriving in a micro-environment working space. To resort to these standards, a leader has to identify their roles to efficiently administer a company’s performance. Getting promoted to a...
The topic of this informative essay may seem controversial, and it is evident that not all people have the same opinion on it. Nevertheless, it is incredibly important to raise employees’ awareness and talk about their rights, safety, and protection if they are in a situation that will be discussed...
Each company strives for success using different instruments and tools. One of the critical factors to increase performance is the correct work distribution aimed at employee preferences. The placement of employees is essential for the company’s productivity factor. This process implies the rational allocation of work considering employees’ individual characteristics,...
The title of this position (or role) can sound different: project manager, project leader, delivery manager, and other variations. The tasks of a project manager include the following: draw up and agree on technical specifications, set tasks for the team, distribute the workload and motivate, ensure the achievement of quality...
Introduction The Animal Foodland is a premier food company that seeks to meet the needs of dog keepers in Austin, Texas, and its environment. The firm specializes in organic foods to meet the needs of clients who seek an alternative to animal products. The location of the business is preferred...
The issue of products being intentionally manufactured in a way to break down or wear out is becoming more and more relevant. Such production principle may influence all kinds of products and affect every field of human life and particularly product consumption. Many people argue that a decade ago, products...
Diversity is a topic that has received increased attention in recent years. The impact of equal employment opportunity programs on the nation’s workforce is undeniable. In the workplace, the diversity advantages have been studied and extensively documented. However, practice shows that there are still problems with diversity in the workplace...
Regardless of the position held, every employee wants to be heard as well as their ideas and suggestions to be treated with respect. Trust and mutual understanding must be established in any work team, which is the supervisor’s responsibility. The ability to listen attentively, actively and analytically to the ideas...
The DIY company had a threat from the gaining popularity of the online tips and instructions so people would not have to go to the shop. It could lead to the reduction of consumers, and therefore sales would fall. In that essay will be a discussion of measures that the...
Introduction Training helps and teaches individuals what their work can or cannot do. Training in the workplace is a fantastic way to improve quality standards for business efficiency and sustainability. Types of Training in Industry Workplace Environment Induction training Refresher training Toolbox talks Who Needs Training in Industry Workplace Environment...
Introduction Learning organizations strive to continuously self-modify and facilitate innovation within the employee body in the attempt to remain competitive in the everchanging business climate. Since constantly adjusting strategies and the working environment is essential to becoming and remaining successful, many of today’s largest corporations, such as Google, Apple, and...
Introduction Whole Foods was founded in Texas, Austin, in September 1980. The company was founded when local businesses decided the industry was ready for natural, healthy food. The idea was to offer customers fresh and wholesome food to avoid dealing with health problems. Their products are new and clean. The...
Introduction Diversity is synonymous with modern organizations and management as both global economy and technology contribute to the erosion of borders. However, within organizations, diversity and intercultural communication and inclusion is difficult to achieve a truly deep level, not the superficial HR perspective. This paper explores some literature regarding the...
Introduction Working for a company can easily change one’s perceptions of the processes behind a product or a service. Raith Nanofabrication provided me with an excellent opportunity to put my skills to practice and work in their IT department. The firm is a world leader in precision technology manufacturing. Raith...
The products offered by Samsung very significantly, occupying various spots on the market and demonstrating different growth patterns. One of the highly developed brands is Samsung QLED, a home television (TV) appliance that manifested remarkable market expansion during previous years. Furthermore, the market share of this product is tremendously high,...
Rationale for the new product or service The impact that the coronavirus has been producing on a global scale does not seem to subside, causing multiple businesses and organizations to manage severe disruptions in their performance and general efficacy. The outlined impact has been especially negative for entrepreneurs and those...
A business plan is not successful until it is not presented to an audience. During the presentation of a business plan, demonstration of passion is crucial because audiences need to see your engagement and interest in the business idea. Without affection, it is impossible to attract investments and people to...
Certified accountant Baker, despite his prestigious status and professional skills, made several inaccuracies and mistakes during the audit of the financial statements of Mill Company. In assessing the risk of controls, the auditor can use audit data from previous years. However, this time Baker changed his approach to a statistical...
Everybody will encounter retirement at some point, and, therefore, it is vital to make the most out of one’s retirement savings. Saving for retirement is a wise financial decision regardless of age or economic status; these funds determine how comfortable a person will live in old age and if their...
Operating in global environments poses before managers a number of challenges that can be overcome using lean principles. First of all, there is the issue of waste reduction in order to add value from the customer perspective. Eliminate variation in intermodal terminal operations is another challenge for managers, which has...
Variable Pricing (VP) and Dynamic Pricing (DP) Similarities Both VP and DP are pricing strategies that are used in sporting ticketing on a game-based, rather than season-based approach. The pricing strategies deviate from the traditional sports ticketing approach where ticket prices were set based on the location of the seats...
Comparative Advantage This simulation illustrates how an individual considers all options available and their consequences, demonstrating how opportunity costs are evaluated to make informed business decisions. In particular, the opportunity’s value needs to be assessed on the basis of benefits and costs associated. Furthermore, a comparative advantage simulation implies the...
The delicate and important role that the senior-ranking leader must balance within the organization to achieve success is to be the one who influences the behavior of employees. The senior-ranking leader influences the employees in various ways. The first way through which the senior-ranking leader can affect employee’s behavior is...
Companies mainly opt for implementing benchmarking to improve and optimize the existing operational processes. Benchmarking is defined as a replication strategy focused on investigating, collecting, and adapting the techniques from the different organizations to advance performance and strategy (Ramírez Canales, 2021). In other words, benchmarking is designed to solve the...
Employee Survey This report aims to address the current situation of the company by generating an employee survey to judge the level of employee engagement in the CF&F Tech division. The information will include the purpose and a sample layout of the survey, administration procedures, and interpretation of results. Survey...
Christian Jacobsen and Lotte Andersen, in their article “Is leadership in the eye of the beholder? A study of intended and perceived leadership practices and organizational performance,” published in the Public Administration Review, studied differences in perceptions of leadership between leaders and their employees. In their paper, Jacobsen and Andersen...
For small and medium entrepreneurships (SMEs), surviving in the environment of global competition, where organizations of a much larger caliber utilize all available strategies in order to retain their influence and power, is a massive challenge. For “Wish You Wood,” the decision to partner with Amazon seemed like a stroke...
Introduction Communication serves as the foundation of every facet of an organization. Effective communication means transferring information from one party to another to deliver, receive, and understand messages successfully. Due to the nature of the competitive environment in the financial world, organizations should consider emphasizing effective communication as a model...
The Just-In-Time inventory approach, commonly referred to as JIT, has been adopted by a number of successful companies worldwide. It is a somewhat recent development in operations management that ensures labor, goods and raw materials arrive at the premises exactly when needed for the production process. For the purposes of...
Introduction Airlines around the world were the first to face the difficulties caused by the coronavirus pandemic confronting closing borders, banning flights, and a total drop in passenger traffic. This can be explained by the volatility in the transport industry, which is 1.5–2 times higher than in other services and...
Introduction As technological and economic systems develop around the globe, many manufacturers, producers, and suppliers have entered the market. In other instances, large companies have taken up the smaller companies, making the market more competitive. ABB Motors and Mechanical Inc. is one of the companies that have a significant share...
Calculating an organization’s working capital is an essential step toward understanding its financial performance and resilience. In general, this metric reflects the available liquidity of an entity or the ability to fulfill its obligations. In a way, working capital shows how many times an organization can pay for its obligations...
Introduction A contract for service is different from a contract of service in many ways including the employer-employee relationship. A contract for service is an agreement used to hire a self-employed, freelancer, or an independent contractor for some services. In this case, there is no relationship between the employer and...
Strategic planning has a significant role to play in non-profit organizations. It helps to anticipate and skillfully manage changes and effectively address problems that may arise (Poister, 2010). Bryson (2018) defines it as a set of concepts, processes, and tools for determining what an organization does and why it engages...
I agree with James’ definition and formula of incremental cash flow. However, in my opinion, more information could be given on the structure of the incremental cash flow, such that it consists of three components: initial investments, operating cash flow, and terminal year cash flow. I believe that it is...
Introduction Some companies try to show that they are more helpful and caring than others in the modern world. Although there are such brands in certain cases, there are also those that hide their businesses’ unpleasant but significant sides to keep successfully operating. One such example is the case of...
Team building refers to the activities aimed at improving the efficiency of workers within an organization. It is aimed at instilling a better understanding between members of the team and the management. It also improves teamwork among team members and the customers, thus translating to consumer satisfaction and accomplishment of...
Capital budgeting refers to a process of decision-making by businesses regarding long-term resource allocation. It involves evaluating new projects and investments by analyzing the inflows and outflows of cash and estimating the expected return. Capital budgeting revolves around the concept of time value for money (Menifield, 2021). A decision needs...
Annotated bibliography Griffin, G. (2019). How artificial intelligence will impact accounting. ICAEW. Web. This reporting article from the respected publisher ICAEW extensively examines the issue of accounting automation and the consequences it will lead to. At the heart of the report is the recognition that Artificial Intelligence (AI) is spreading...
To complete this assignment, I sent a request to a large company Vistaprint, which is engaged in the creation and selling of printing products. I got the answer from the assistant of Elyse Burns, who is Senior Digital Marketing Manager (Burns, n. d.). Despite the fact that the information was...
If the simulation were based on the real world, numerous opportunities and challenges would be encountered. The fact that the simulation does not include many ethnic factors would invoke a comparatively easy operational model. For instance, it does not include language barriers, cultural differences, exchange rates, and mode of entry...
Logistics chains are complex and interconnected processes that ultimately have the role of turning goods or services into actual sales. Since this is the primary goal of any organization, logistics chains are critical from an economic standpoint. However, such complex networks are prone to having high risks because of the...
Under the leadership style is understood to be a set of all methods, techniques, actions used by the leader in his work. The individuality of styles is demonstrated primarily in communication between director and staff and is closely related to the category of leadership in management. That is the ability...
Zillow’s business model is in providing homebuyers with extensive data and other information about properties they might be interested in purchasing. This includes data available publicly and proprietary one that before Zillow was available only to brokers and real estate agents through Multiple Listings Services (MLS). Currently, the value proposition...
Salvatore Stella, who is the CEO of the company Tessilo, Ltd., assumes that it is appropriate to find another specialist in his place. The realization of this intention requires additional funding from the investor. However, during the negotiations, Paul Pluto, who is the investor, introduces an opinion that it may...
A budget presentation may pick various forms of presentations; these may involve graphs amongst other designs. In this particular budget examination, the graphical expression as a visual format has been adapted. One of the significant reasons that explain the application of graphs in accounting and finance reports, such as budgeting...
Introduction Amesco is a virtual assistant B2C e-Commerce business that uses an online platform to provide faster turn-around times for customers. The company was started two years ago and has grown from a small startup to a progressive enterprise with hundreds of customers across several cities in the United States....
Introduction The complicated decision-making process when buying new items is important for customers. It can be facilitated through the adoption of essential marketing concepts (Kumar et al., 2017). I will explain my own purchase decision of the Samsung Galaxy Watch Active 2. Problem recognition The first task is to figure...
Introduction In today’s marketplace, every company strives to achieve maximum competitive advantage. The famous American economist Michael Porter, using five structural units characteristic of each industry, described the ways of creating a competitive advantage and long-term profitability of a product. Best Buy, one of the largest consumer electronics retailers in...
Annotated bibliography Aljafari, A. (2016). Apple Inc. industry analysis: Business policy and strategy. International Journal of Scientific & Engineering Research, 7(3), 406-441. Web. Aljafari’s article gives details about Apple Inc.’s business strategy and policies that make the firm more competitive than Microsoft, Google, and Samsung among other top competitors. For...
Over the years, technology has caused a considerable explosion in trade. Due to technological breakthroughs, many traditional business models and concepts have been revolutionized. Technology has allowed people to look at things from a new perspective and approach what they have already gained from a new perspective. Technology has also...
The New York Times article “Google’s Backpedaling Shows Why It’s Hard Not to Be Evil” argues that famous tech companies disregard consumer demand and specific governmental regulations. The author, Greg Bensinger, suggests that Big Tech corporations are willing to engage in unethical behavior that compromises their reputation and the customers’...
The idea of supporting men in their attempts at shopping to be actively engaged in the household chores is a rather important task that the website in question strives to solve. Due to the Covid-19 issues, the shift in gender roles has been enhanced drastically, with a significant amount of...
A fund is a separate part of monetary assets that has a specific purpose. This is a financial instrument that is widely used in economic practice. Besides, it is typically professionally managed in order to allocate resources in a proper way. Such funds are generally supported by taxes, grants, and...
Samantha Gerson is a twenty-six-year-old founder and CEO of UnBroken, which is a non-profit organization offering legal, vocational, and therapeutic services to individuals who survived institutional abuse and conversion therapy. The importance of Gerson’s current entrepreneurship lies in servicing as many young people as possible and offering innovative research on...
Corporate Social Responsibility (CSR) is a model used by businesses for self-regulation to ensure they are socially accountable to stakeholders, the public, and themselves as businesses. This concept has become more pervasive and earned acronym attributes in the circles of interaction. It focuses more on holding business enterprises accountable for...
The problem of effective human organization for task-realization purposes has long attracted the attention of researchers, managers, and government officials. People have been searching for the best practices that would lead to the most favorable outcome of the group activity. In this regard, the question of effective administration is at...
Large companies are associated with high-quality products and services that can meet the demands of the targeted customers. Unfortunately, such attributes will do nothing to change organizational performance if the targeted buyers are unaware of the existing items. The concept of promotion is critical since it makes it possible for...
Introduction Introduction The research done on managing a team of people in a project, it has allowed project managers and research consultants from Small and medium enterprises (SME) in Sweden improve upon their effectiveness by developing better communication patterns. However, project teams pose unique challenges that are culture-based and can...
The first items are qualifications and credentials, which tell about a person’s capabilities. More detailed questions include experience, recent courses, and their application in a previous job. It is a necessary point since knowledge of current trends and expertise define a professional. The second parameter is the list of provided...
