Productivity Trade-Offs in Organizations

Productivity is calculated by combining the time used for creating something as well as materials to divide them later equally. Therefore, productivity refers to the rime needed for making something or the efficiency of ensuring that a job is done. Usually, it incorporates such components as labor, capital, and materials...

Organizational Culture Theory and Action

Organizations as entities are active participants of the communication process, which follows a specific set of patterns during the exchange of information and ideas. The research question is how organizational culture shapes the communication framework within an organization. The subject is significant because both for-profit, non-profit, governmental institutions strive to...

How to Prevent Employees From Leaving?

Each year a large number of employees are leaving companies for various reasons. Some managers use annual employee surveys and exit interviews to reduce the attrition rate. However, these methods have not proved to be effective in dealing with the problem as they do not give a real-time picture. This...

Wood Kitchen Industry: Business Policy and Strategy

Wood kitchen industry had a strong revenue growth because of increasing growth in housing markets all over the world. Now imports have become the real threat for the wood kitchen industry. And the growth of this industry is purely dependent upon the housing market. (Wood kitchen cabinet and countertop manufacturing...

The Organizational Culture Assessment Instrument and the Clinical Inquiry

Assessing organizational culture is an essential step prior to the implementation of practice changes. In order to evaluate my organization, I selected the Organizational Culture Assessment Instrument (OCAI), which is a proven instrument of culture assessment (Cameron & Quinn, n.d.). The tool involves a set of statements designed to evaluate...

Toyota Company: Car Brand Analysis

Toyota has strategically made its way to become the world’s biggest car company. Toyota’s grip especially firm grip of the US and world car market came through capitalizing on rival’s weaknesses e.g. GM and expansion programs in China and other emerging markets around the world (Maynard and Tabuchi, 2010, p.1)....

Reebok’s Entry Mode Internationally

Reebok is one of the most famous footwear manufacturers across the globe, meaning that the business is successful in its international activities. That is why it is necessary to identify a specific entry mode that the organization used to expand internationally. Reebok emerged in 1895 in England, but it only...

The Group Theory and Actual Group Experience

Working in a group is vastly different from working individually. A personal goal becomes a shared goal, and a new layer of processes and mechanics appears. This is what happened when our study group was formed. We had to realize the importance of goal setting, the hardships a group faces,...

How to Create a Realistic Buyer Persona in 5 Simple Steps

  Customers are at the heart of any successful business. Therefore, if you want to survive and prosper in a competitive environment, you should be excellent at meeting your customers’ needs. However, how would you know who your customers are and what needs they have? Consider creating a buyer persona,...

Healthy Cola’s Market Entry and Competitive Advantage

Healthy Cola has been recording profits for the last five years in the US. The management believes that the next critical step is for the company to become an international brand. The idea behind this suggestion is based on adverse market research conducted in the last six months. In particular,...

Cordless Mixers Sale in the Kitchen Aids Company

This memo is intended to advise the Kitchen Aids Chief Finance Officer on the Revenue related to the cordless mixers sales. Since there are many customers of the cordless mixers, there are several information concerning the selling of this product to retailers and consumers. The advice herein emphasizes that the...

Marketing on the Organization “Marks & Spenser”

The classic clothing brand Marks & Spencer resisted for a long time to fully enter the modern digital world. Until recently, something from Marks & Spencer could only be bought in the store itself or on Amazon. A few years ago, the company finally created its website, which was the...

Gaining and Sustaining Competitive Advantages in the Industries

In many industries today, companies are shifting downstream, meaning that they make downstream activities the drivers of value creation. At that, upstream activities such as sourcing, production, and transportation are largely outsourced within the domestic countries or overseas, with the latter becoming ever more popular. The reason behind focusing on...

Five Stages of Team Development

As a rule, a group goes through five stages of development before becoming a team, each of which implies its functions and goals. The dynamics of the group’s behavior and development changes as it moves from one stage to another, and it requires different actions for greater efficiency. The team...

Changes in Marketing, Digital Marketing

Marketing has altered much in recent years, as technological progress allows for more comprehensive ways of delivering information and motivating people to purchase goods and services. Digital marketing provides numerous advantages, which include various ways of interacting with consumers, collecting feedback, targeting specific demographic groups, and integrating advertisements in content....

The Apple iPhone Marketing Overview

Businesses are interested in the most effective outcomes of their operations and desire to receive recognition and popularity on the market. For this reason, they learn to apply the concept of marketing and hire educated professionals who help them on this matter. Marketing is one of the most essential topics...

Influence Tactics and Sources of Power

It is not a secret that effective management is essential for a successful operation of a group, organization, or company. While being able to implement appropriate influence and power tactics, administration can create a positive working environment that will contribute to employee satisfaction and productivity. Therefore, the following paper will...

Pop-Up Restaurant Chef: Career Interest

Introduction The hospitality sector has the potential to realize my lifelong aspirations. I have always been fond of cooking and preparing meals. I would like my career to let me sharpen my culinary skills and improve communication with customers. I don’t want to work for somebody else as I value...

Impact of Smartphones on Work-Life Balance

Smartphones are an integral part of any business owner’s work and many employees as it allows them to contact customers, colleagues, or suppliers quickly, control work processes, and solve problems. However, there is also the idea that the use of a smartphone blurs the line between work and personal life...

Sole Proprietorship: Benefits of This Business Structure

If I were to start my own business, I would choose sole proprietorship as the best business structure for a start. Its advantages are ease of organization and low organizational costs. It is the most convenient structure for a small business in terms of taxation and less risky than a...

Employee Turnover in Health Care

In general, employee turnover may be defined as the number of the organization’s members that leave it within a certain period. If a company has a high staff turnover rate, a substantial number of employees regularly quit their job. In turn, a low employee turnover rate implies the organization’s comparatively...

Amazon Web Services (AWS): Optimization Possibilities

Introduction Businesses often experience multiple changes necessitated by changing environmental and technological factors. Most organizations rely on websites and the Internet to reach out to new markets and clients worldwide. Therefore, the need to expand business operations on the Internet led to the development of powerful and complex servers that...

Wal-Mart Scenario: Sex Discrimination

Wal-Mart was founded by Sam Walton in 1962; it is an international retail outlet that runs several discount department stores. It’s an American public cooperation operating discount stores, supercentres, and neighborhood markets. It has been reported that Wal-Mart is not in line with Equal Employment Opportunity Committee regulations, due to...

“Lifesizing Entrepreneurship“ by Robert A. Miller

The rhetoric of the Text (The Author) The article is written by Robert A. Miller, a Professor of Law and Management and a recipient of the Excellence in Teaching award. A footnote states that the author’s main research area is business ethics, entrepreneurship, and law. Miller has also written at...

British Airways Group: Financial Management

Introduction The skill of interpreting financial statements is just as important as preparing them. Accounting is a language used to describe the economic activity of a business unit. Many questions have been asked as to whether or not the best way of describing economic performance is to use figures in...

International Corporate Governance: Principles

Introduction Corporate governance has become an international phenomenon. The recent financial scandals and bankruptcies of big multinational companies have really impacted almost every nation. Realising the significant, the nations around the globe are either establishing corporate governance guidelines or codes or refurbishing their guidelines already in force. International governance principle...

Negotiation Concepts. Opportunities

Introduction Negotiation is a process in which two or more parties with attached interests on a matter at stake attempt to reach a common ground of binding behavior that is beneficial to both parties involved (Nieuwmeijer, 1992). Negotiation is appropriate in a situation where a dispute exists between two or...

Strategic Management Accounting. Costing

Introduction Many multinationals have been seeking better ways to expand their businesses further so as to increase profitability. For those companies that have different businesses within the same group, individual managers have been put in charge to oversee these operations. As a matter of fact the management has used different...

Cyberchamp Inc.’s Ethics and Financial Management

Introduction In business and finance, many ethics issues are controversial and require detailed consideration. The common ethical violations may involve insider trading, project financing, or stakeholder interest (Hunjra, 2018). The case study of Cyberchamp Inc. presents an assistant finance manager Olive Earle faced with a choice related to her decision...

The Importance of Different Business Processes

Businesses contain multiple processes that lead a product idea to its sale: strategical planning, development, manufacturing, delivery, and overall customer experience. The strategy development stage forces a company or an entrepreneur to study their niche, decide if the product’s concept is in demand, plan its realization, and forecast costs and...

Industry Analysis: Malden Mills

Malden Mills is a textile industry that flourished under the leadership of Aaron Feuerstein. In 1995, the organization was burnt down to ashes by a fire outbreak. The chief executive officer, Mr. Aaron did an extraordinary thing. Instead of laying off the 3,000 employees of the organization, he kept them...

Managing Information Systems Strategy and Security Risks in EasyShopping Ltd

Introduction Easy Shopping is one of the major regional players in the UK grocery shopping market. Between 2006 and 2009, EasyShopping has realised rapid expansion. Despite the company recent growth, EasyShopping is not able to challenge major grocery companies such as Tesco or Morrison. However, the managing director of Easy...

“Confessions of a Sweatshop Inspector” by T. A. Frank

In this paper, I aim to reflect on “Confessions of a Sweatshop Inspector” written by T.A. Frank and published in Washington Monthly on April 1, 2008. The author talks there about his personal experience of working in a company that specialized in the field of “compliance consulting.” The text raises...

Increase of E-Commerce Threat in Nowadays

Introduction E-Commerce (Electronic commerce) is one of the recent and emerging internet services. E-Commerce is simply, the doing of commerce using Electronic Technology such as internet, or other computer networks. The E-Commerce comprises the activities such as selling and buying of the products through internet. Security in the E-Commerce is...

Managing and Appraising Employee Performance

It is impossible to make an organization function correctly if there is no list of the fundamental company values. In the period of the Talent Management changes (2003-2008), provided by the senior director of Maersk Group’s HR department and the head of HR, a significant meaning was attached to implementing...

Orlando Rubber & Tire Case Study

Maintaining profitability while resolving ethical issues are some of the main challenges that companies face. In the given scenario, Orlando Rubber & Tire (ORT) needs to raise funds for its expansion plans and sees issuing new security characterized by both debt and equity as a possible solution to the issue....

Automation for Minimal Human Intervention

Introduction Automation is the technology used to perform a process with minimal human intervention. Automation is concerned with discovering methods of increasing productivity, reducing idle time, cutting waste, and improving product quality. Nowadays, producers in every industry are active users of various software systems, aiming at the efficiencies of substitution...

Positive Qualities of Hotel Staff: Hilton Sydney

Background Information Hilton Hotels & Resorts is a global brand of luxury and full-service hotels operating in multiple countries around the globe. The company accounts for more than 215 thousand rooms in 85 countries and areas across six continents, including Australia. In Sydney, the Hilton Hotel is located on 488...

Disciplinary Actions: Progressive and Positive

Managing a company is a challenging and demanding task that requires the employer and employees to perform their duties. However, in some instances, one of the sides underperforms and needs to be motivated. In most cases, it is a certain employee that does not satisfy the management’s needs, forcing the...

The Flower Fairy Tale Startup

The Flower Fairy Tale is a small business startup, which was established this year. It presents a luxury flower boutique, which differentiating feature is supplying a variety of designer bouquets. The core audience is considered to be the people with upper-middle and high income. At the moment, there is only...

The Concept of Servant Leadership and Its Difference From Followership

Introduction The purpose of this essay is to analyze the increasingly popular concept of servant leadership and to show in what way followership contrasts and at the same time complements it. The attitude to leaders in various spheres has changed dramatically, as young generations tend to be motivated by the...

No Good Deed Goes Unpunished: Case Study of The Community Festival

Executive Summary This report highlights some of the problems facing The Community Festival to warrant a need for change. The agency has poor and weak organizational structures, and this aspect is affecting the way it is run. The top management, including the supervisor and the Board of directors, has failed...

Strategy Generation and Creation

International strategy generation implies making a subjective decision based on objective facts. In other words, every company needs to decide what will benefit it as it taps into foreign markets, taking into account factors many of which are unchangeable and unmodifiable. In this sense, a strategy can be defined as...

Building of an Effective Segmentation Model

To build an effective segmentation model, it is important to answer several questions related to potential clients and investors. Which distinct groups of customers and investors can be defined based on their specific features? What are the needs of each customer or investor group? What are the media consumption habits...

Sallie Mae’s Health History Overview

Introduction Let us begin by finding out what is Congestive Heart Failure (CHF) and Atrial Fibrillation (AF) as well as their main causes. According to the American Geriatrics Society (2003), CHF is a cardiovascular condition that is common in older people, and the ailment increases considerably with age. American Geriatrics...

Berkshire Industries: Motivations and Options

Executive Summary The case “Berkshire Industries PLC” gives a detailed examination of the situations that led to the introduction of a new incentive plan capable of meeting the demands of both workers and shareholders. The company had grappled with various challenges before, such as the ineffectiveness of the original reward...

Environmental Scanning and Organizational

This article explains how environmental scanning is used to position the company in the market.There is a connection between environmental scanning and organizational culture. According to the article, various sources are used to provide information for scanning. In carrying out environmental scanning, issues such as political, economical, social, technological, legal...

Outsourcing as a New Trend in Business Functioning

Introduction The word ‘outsourcing’ gained popularity in the information era though the activity was undertaken by many traders and entrepreneurs from time immemorial. Though the word is used to connote different meanings generally, outsourcing literally means sub-contracting an assignment to a third party. Mainly it is between organizations that assign...

International Marketing: New Level of Business

Introduction Global trade increases sales and profits and puts the name of the brand on the worldwide market, which makes it extremely attractive for domestic businesses. However, there are a lot of different factors to consider and evaluate before going globally with the company. Main body International marketing is a...

Market and Consumer Analysis in the Big Data Era

The development of advanced technological means of communication, data gathering, and data analysis tools is having a significant effect on business. The ease with which previously impossible amounts of data can be collected and analyzed allows organizations to conduct market and consumer research on an ever-increasing scale. Furthermore, new instruments...

Executive Excellence Awards Overview

The Executive Excellence Awards is the annual leadership event that recognizes executives who have guided their companies to success with consistent and extraordinary leadership. In 2016, Seattle Business magazine honored 14 local business leaders with “Executive Excellence Awards” (Truzzi, 2016). I enjoyed all the brief stories describing those leaders’ efforts...

Companies Outsourcing in Developing Countries

Product delocalization, also known as outsourcing, is an essential business tool and concept that has been existent for the past 75 years. Most multinational companies (MNCs) prefer outsourcing on a small to large scale level due to a variety of reasons. However, the most common ones include the availability of...

Communication as a Front-line Supervisor

Introduction Effective communication is essential, especially if one is a front-line supervisor who has to engage with many people. Front-line supervisors handle staff members, facilitate them, and resolve various among them. Sometimes front-line supervisors also communicate with customers, although the circumstances of such interactions may not be favorable. The sheer...

Organizational Risk Management: Effectiveness and Risks

The medical institution described in this essay is an assisted housing facility for adults with mental illness disabilities. As an establishment that provides housing and support for people with various degrees of therapy and medication needs, the facility faces numerous risks associated with dangerous patient behavior, infections, and medication. This...

Importance and Analysis of Financial Modeling

Introduction The purpose of this paper is to find out determinants of CEO SALARY. The main findings of the primary the data were interpreted and turned into information by using SPSS and excel quantitative methods software system jointly. Statistics in clients’ survey A total of 300 questionnaires were sent to...

Developing a Diverse Team in an Organization

Introduction Facebook is an industry leader in technology and social media. Occupying a management position in such a company means having to deal with many complicated challenges. One of the most critical present-day challenges is posed by diversity, which includes differences in race, gender, age, culture, and functional background. A...

Case: Managing Organizational Change

Introduction Change is necessary in the evolving business world, but only effective management leads to success. In my view, the likely root cause of Acme corporation’s organizational issues (increased turnover and decreased profitability) is ineffective change management by the HR function. The disagreements and strategy deficit at the senior leadership...

Employees’ Compensation: Key Aspects

The mistreatment that employees’ representatives exposed to laborers had existed for a long time. The workforce used to battle to guarantee themselves freedom from unhealthy working conditions and ensure that they profit on their job. Recently, benefits and compensation in the working environment have become an inherent and essential part...

Value on Balance Sheet and Organizational Budget

Compounding In scenario 1 and 2, the future value is calculated using the following formula (Heyford, 2019): Future value = Present value (1 + Interest rate)Number of years compounded However, according to Heyford (2019), in scenario 3 and 4, the future value will be calculated as: Present value = Future...

Emotional Intelligence in Healthcare

Emotional intelligence (EI) is a critical indicator of managers’ leadership qualities and skills since it determines their interaction with subordinates. At the same time, EI in health care is equally essential for ordinary employees and managers because of their constant communication with people and the complexity of experiencing emotions. My...

Grid Technology Based Inventory & Product Development System

Abstract A proper Product Development System is key to higher profit and better resource management. The system is basically an active control program through which all the three aspects of business i.e., sales, purchases and business. Introduction of IT enabled grid technology would bring a new era into the process...

Market Power and Demand Elasticity Showed by Wal-Mart

Compared to the company mentioned in the text, one of the best examples to oppose such demand elasticity might be Wal-Mart. The key reason for such comparison is the mogul retailer’s initial impact on smaller firms that get careworn under the influence of natural sales generated by Wal-Mart (Allgrunn &...

Concept Testing Through Prototyping

Concept testing is vital for making effective decisions that will improve a given organization’s performance and competitiveness. However, concept testing is often reduced down to marketing a finished product and getting “an initial reaction from customers before committing substantial funds to the product” (Cianfrone, 2019, p. 3). This marketing-oriented concept...

The Project Risk Management: Contemporary Approaches

This report examines contemporary approaches to Project Risk Management, their advantages and disadvantages. The paper further makes recommendations as to appropriate risk management process that should be implemented within the context of my organization. A risk is an issue that might come up. If it happens, it may affect the...

Cause Washing: Modern Tendencies

Nowadays, it is hard to deny that companies tend to use various marketing strategies to draw customers’ attention. Greenwashing is considered to be one of these ways, which implies that a company confuses a customer by creating an image of an ecologically-oriented organization. Cause washing, in general, is a modern...

Operations Management Research

Introduction Technological progress brought many changes to the way humans lived and, in particular, how they produced goods. The old ways of homesteading and self-sufficiency gave way to massive economies of scale. There was no other way, as the population soared and concentrated around economic and industrial hubs. Investigating what...

Nike Inc.’s Company Analysis and Missions

Introduction History/background. Nike, Inc. appeared as a venture in 1964 when its current competitors, Adidas and Puma, were already dominating the sportswear market (Verbeke et al., 2019). Phil Knight and Bill Bowerman were the founders of the venture and initially aimed to develop high-quality running shoes. After becoming the leading...

Bayesian Data Analysis

Abstract As firms are increasingly focusing on core competencies, there has been a growing interest among organizations to outsource a broader gamut of logistics services. The logistics fraternity is evolving innovative models tailored to meet end customer solutions and adhere to channel wide requirements in the supply chain network. Conceptualizing...

A Strategic Marketing Concept

A keen commitment to identifying a strategic marketing concept based on an analysis of the current market environment led us to settle on the concept of selling second-hand items. These could include books and other materials with competitively tailored prices to enter the market. Specific target customer audiences were projected...

Strategy and Strategic Implications: The Impact of COVID-19

The notion of strategy has been in-depth studied by many business leaders and scholars since understanding this concept is one of the fundamental prerequisites to the success of any organization. Herewith, although experts still debate about the meaning and necessary conditions of its effectiveness, the majority agree that strategy primarily...

“Cafe Rouge and Bella Italia Owner to Close Over 1/3rd of Outlets” by B. Mahmood

The Concept of Business Cycles Business cycles represent the natural change of economic development stages that reflect the external environment influencing a company’s activities. In this case, a cycle consists of several periods: expansion, peak, recession, depression, trough, and recovery. These events can be easily traced on the example of...

Audit Committee: Background, Evaluation, Recommendation

Introduction Corporate governance plays an important role in disciplining the management of the company like transparency in financial reporting and having robust internal controls. Enormous responsibilities like audit committee, a duty of the auditors and induction of non-executive directors to act independently have been inflicted on the management of the...

Ireland’s Aviation Safety Strategic Plan

Introduction Safety is one of the primary concerns for air transport. Although it is always relevant for aviation, the recent events, for instance, COVID-19, have underlined the need for better safety measures and regulations, as the number of risk areas has increased. Irish airlines strive to provide their services while...

Use of Social Media in the Workplace

Recently, information leaks have become more frequent in our company due to the improper use of social networks. Unfortunately, this is often the fault of employees who spend too much time on the Internet and post too sincere texts. First, it leads to a decrease in productivity at work, and...

Trends, Patterns, and Consistencies in the Oil and Gas Sector

Orientation The oil and gas industry is a significant contributor to the global gross domestic product. In 2019, the sector yielded $86 trillion, which is 3.8% of the total GDP of the world (What percentage of the global economy, 2020). The business is conducted by firms that are specialized in...

Regulatory Environment and Administrative Agencies

Business and government are main spheres where legislation and regulations must be followed in all conditions. The regulatory environment in the business sphere is usually provided by the government acts and laws, which are impossible to violate. The Constitution of every country must have the part, which regulates the business...

Examples of CRS Undertaken by Starbuck Corporation

Although organizations aim at making a profit, there is a need for them to act and do business in a way that accounts for the societal as well as environmental impact shaped by the business, this concept has been dubbed corporate social responsibility. There are several examples of CRS undertaken...

Financial Decision Making

Introduction The financial scandals occurring in the late 1990s and early 2000s clearly show that the accuracy of financial statements and information of the company is an issue that cannot be overlooked. In that regard, the decision of relying on the financial information provided from within the company by their...

Talent Turnover and Ethics: Case Study

The company’s problem in this particular scenario is twofold, as it combines business and ethical aspects simultaneously. From a business perspective, the company suffers from a high turnover rate, as its employees usually leave after six months to a year of employment. The main reason behind this tendency seems to...

Portfolio of Accounting in the News

The period of financial crisis made specialists of all spheres to deepen into the most problematic issues and develop all possible ways out. The aspects of ethical issues in the accounting field is closely interacted with financial changes in the banking system. Such issue as ethical standards in accounting has...

Civility and Conflict Management in the Workplace

Introduction Conflict results from negative interactions between two or more societal units, such as individuals or nations; it is a natural outcome considered inevitable in social contexts. It manifests as strained relationships that arise due to incompatible goals, attitudes, reasoning, or perceptions. Its expression may also involve verbal insults, physical...

The Business Process – Reengineering

Introduction In a fast-paced business environment, it has become a necessity for organizations to come up with strategies to improve service delivery while reducing operational costs. Business process reengineering has to do with identifying, analyzing, and redesigning an organization’s major business procedures with the key aim of increasing or improving...

Steel Shipping Containers for Housing

Introduction The use of steel shipping containers in the manufacture of housing is becoming increasingly widespread due to the functionality of such buildings and their valuable technical characteristics. In the example of the Australian market, the positioning of this product will be considered due to the appropriate analysis of the...

Lincoln Electric: Business Expansion Concept

The concept of expansion has become the leitmotif for most companies’ business strategies in the modern economic setting. The rationale behind the focus on expansion is quite obvious since a larger organization with stronger links across the globe has greater chances of remaining sustainable and keeping its competitive advantage over...

Starbucks Coffee Company Closing Down Stores

Company and its business The company selected for review in this paper is Starbucks Coffee Company. It is one of the leading international coffeehouse chains based in Seattle, Washington, the U.S.A that was established in 1971 by three partners to sell high-quality coffee beans and machinery. Over the years the...

Strategic and Institutional Management

Introduction The implementation of the strategic plan is a matter of great importance as it is the facts which decide the success or failure of a strategic plan. In order to ensure that the strategic plan is effectively implemented, the concerned people must have clear understanding of the plan and...

Organizational Whistleblowing, Company’s Employees

It goes without saying that organizational whistleblowing may be regarded as the substantially disturbing phenomenon of contemporary business operations. Whistleblowers are the company’s employees who report unethical, inappropriate, or illegal behavior discovered at work “that is contrary to the rules or social values shared within the company” (Devillier, 2016, p....

Financial Management in Nokia

Acknowledgements Executive Summary This essay explains the role of financial management in Nokia with reference to the historical, current and forecasted financial condition of the company. The financial planning, control and budgeting processes are explained with reference to the company. The financial analysis including ratio and trend analysis and vertical...

Activity-Based Costing at Electric Storage Battery Company

Introduction The Electric Storage Battery Company was established near Philadelphia in 1888. It marketed its first Exide battery in 1900. Its growth record was dramatic over time, fuelled by the growth of the automobile industry in the US and Europe. Its success could be largely attributed to product innovation, better...

The International Business Expansion

Middle East The Middle Eastern business culture is substantially different from the Western conception, which can complicate the adoption of an American approach. Per Browaeys and Price (2019), it is heavily centered on family, with a large share of MENA enterprises owned and operated by them, and reputation, which takes...

Toyota Production System: Review

As part of the attempt to maximize the utilization of resources, companies have invested in research of methodologies of minimizing resource consumption while sustaining the level of output. Toyota was among the first companies to devise such a strategy. This paper will discuss the Toyota Production System and how it...

Blockbuster LLC Going out of Business in Anchorage, Alaska

Introduction Founded in 1986 by a software supplier in the oil and gas sector, David Cook, Blockbuster LLC remained the biggest video-rental chain in the United States for decades. At the pinnacle of its popularity, Blockbuster had 9,000 stores across the country and employed almost 85,000 people worldwide (Ash, 2018)....

WeWork Company’s Postponement of Initial Public Offering

WeWork is among the leading share-workspace company in the world. It has been showing a positive rate of growth since its inception. However, in recent years, poor governance and financial performance have been a major concern, which led to the postponing of its IPO. The investors realized that the organization’s...

The Importance of Leadership to a Team

Professionals in many different fields, ranging from social scientists to schoolteachers, pay much attention to leadership. Without any doubt, it plays a significant role in the 21st century. According to Achor et al. (2018), only 5% of people rate their current jobs as highly meaningful. At the same time, 95%...

Data Collection Method for Fab Company

Introduction Modern internet marketing and online retailing have changed the way companies sell and deliver goods. Customers today demand fast and quality service, and companies are forced to meet these requirements to maintain a competitive position. However, many online retailers, especially those with a small work scale, cannot offer fast...

E-Commerce in Business

This post demonstrates how e-commerce growth depends on various external factors. The pandemic situation proved that the Internet plays a significant role in the life of modern society; it is an essential channel through which many companies run their business. For example, in developing countries, the virus outbreak led to...

Atria West 86 Retreat Stay: Company Mission

The current mission of the Atria West 86 Retreat Stay is to provide its customers with the greatest range of opportunities for relaxation and introduce strategies for maintaining their safety, as well as physical and mental well-being. By booking a room at Atria West 86 Retreat Stay, one will receive...

Supply Chain Management: Issues and Challenges

Supply chain management Supply Chain Management is the method through which a business brings together all the elements to get its product into the market. It implies the management of a product flow in the production chain. it starts with the purchase of raw materials and ends up with the...

Apple Inc. Under the New Executive Tim Cook

Apple Inc. has been holding one of the most significant portions of the IT market for years due to the innovative vision of its founder, Steve Jobs. Although he passed away, the firm was able to keep its top position in several markets, outperforming most competitors. Since 2007, the mission...

Pursuing Education in a Supply Chain

As I am about to get my Master’s degree, it is evident that further plans are to be prepared and executed. Nowadays, many companies prioritize their employees’ knowledge of the industry (O’Byrne, 2017). Logistics Supply Chain Management is a relatively new sector, which continues to grow and develop. According to...

Lean Philosophy of Remote Airport Check-In Service

Summary The focus of this case was on a remote check-in service for airports, which was focused on applying the concept of lean philosophy to the customer experience. Examining the consumer experience in the context of lean philosophy, it was important to understand expectations, map the value stream, and create...

The Spanish Fashion Industry: Business Model Innovation

Business model innovation is associated with the development of an essentially new approach to building business processes and commercializing a company’s products. Thus, in the context of this concept, a business model itself but not a “product or service becomes subject to innovation” (Spieth & Schneider, 2016, p. 672). Still,...

The Actual and Budgeted Food Costs

The first task of the new Director of Food and Beverage is to choose a concept for a new outlet: either a fast service restaurant or a French fine dining restaurant. Both ideas have certain advantages and disadvantages for the Marina Bay Sands resort. A fast-food cafe may be a...

The Link Between Organizational Behavior and Change Management

Higher Professional Level Acknowledgment I am thankful to many of my colleagues and professors whose help led to the paper submission. I want to thank my tutor for recommendations, research support, and help in organizing the paper, and to the management staff of the organization, I am working with. Executive...

Justification for an Internal Control System

Introduction Internal control is a process that is put in place by the organization’s authority and structure which is supposed to be flowed to help the organization accomplish the set goals. Internal control helps improve or manage the organization’s risk and capital requirement. This results in better management skills and...

Operating in a Union vs. Non-Union Environment

Unions are an essential agent in helping a company to ensure that the rights and needs of its employees are met. Therefore, increased safety of staff members and greater trust in relationships between employees and the company can be considered the key characteristics of a unionized setting. Rights of the...

Talent Turnover and Ethics in the Business

In the contemporary business world, companies are constantly trying to advance their operations and achieve important goals and objectives. However, while being focused on their successes, organizations should not forget about people who have a direct influence on them – employees. In order to provide the best outcomes, professionals should...

Distribution in Fruit and Vegetable Business

Major milestones have been achieved by global perishable goods logistics, culminating in dramatic shifts in people’s lifestyles. Consumers worldwide love each bite of an apple, and each splash of roses, the comfort which is brought by the global supply chains. However, the onset of the Coronavirus has resulted in unrivaled...

Coca-Cola: Strategic, Marketing Plans and Opportunities

Abstract The paper investigates the Coca-Cola Company’s strategic, marketing plans, and identifies growth opportunities. Coke is a worldwide manufacturer; therefore, it presents a great interest. The research presents a precise study of various aspects of the company. There are SWOT, benchmarking, marketing analyses that help to identify areas for improvement....

Managing Risks in Long-Term Care

The US, similar to several other developed countries, is currently experiencing an increased rate of the elderly population. Older people require specialized treatment, as most of them have various chronic illnesses. Nevertheless, the increased need for special attention has created a great business opportunity for nursing and residential homes. Residential...

Codes of Ethics Analyses and Implementation

Introduction Ethical issues are encountered by all health care professionals and organizations in their everyday practice. Codes of ethics are a set of rules and norms of behavior regulating the external manifestation of the relationship between employees, providers and patients, their relatives, and other parties (Cocks, 2016). The purpose of...

Human Factor in Personal and Global Marketing Contexts

Often, advertisements use unethical messages to attract buyers. The most common practice is the use of gender biases. These biases are systemic since there is an inherent tendency to favor one side of the human or social system in such ads. This question is important because ads target personal assumptions,...

Apple Organization’s Marketing Strategy

A strategy defines a company’s long-term business plan, which helps it execute its mandate based on prioritizing the goals and responsiveness to market demands. In essence, these tactics begin with a one-step identification of the market for a product in an industry. The company then begins to recognize the ways...

NCHL: Organizations of the Leadership

The National Center for Healthcare Leadership (NCHL) seems to provide a significant mission and vision statement. In this statement, NHL claims that it is a non-profit organization that aims to improve the overall healthcare system by appealing and implementing the best leadership practices. Such an approach makes those getting acquainted...

Organizational Justice Effect on Organizational Citizenship Behavior

Introduction Justice and its relations in all aspects of society, including the behavior of individuals in organizations and all the consequences arising from this behavior, have recently attracted the attention of researchers. Justice has various forms and types of manifestation, and one of these forms is organizational justice. Observance of...

Downsizing. Stages. Consequences of Layoffs

Downsizing is job cuts amid globalization of world markets, increased competition in international markets, and the emergence of cheap labor. Closure refers to the elimination of redundant jobs, optimization of the size of the company, and the transformation of work processes. It includes components such as a layoff strategy, a...

The Methods of Risk Management in Business

Introduction Environmental factors that cause risk The success of any business is highly dependent on the strategies it employs as well as the environmental conditions in which it runs. The business environment of today is being changed frequently. Changes in technology, market, and political environments increase the uncertainties of managers...

Capstone Project Recommendations for Truist Financial

Introduction Truist Financial corporation is the result of the recent merger, that occurred in December 2019 between SunTrust Bank and BB&T. It is currently considered to be one of the largest banks in the US, serving in 15 states, managing almost 3,000 branch offices, and possessing over 506 billion dollars...

Allocation of Fixed Costs for Commercial Organizations

Introduction “Cost allocation” is the process of identifying and allocating the costs of a multi-purpose project among the various authorized project purposes” (US Department of the Interior). The costs are allocated every year based on the costs incurred for plant-in-service and the maintenance thereof. “The cost allocation phase updates (1)...

Leadership and Self-Deception Analysis by Arbinger Institute

Books on leadership are sources of essential information and knowledge about the best techniques which individuals can employ to be more effective in their work or life. Usually, such books focus on practices that allow a person to exert greater influence over others, and rarely do they teach their readers...

The Gas Business: Sources of Funding

Gas trades are defined as the utilities available in the public which provide gas related services. They may include gas exploration business or distribution and fuelling stations. Funding is the process of providing money, especially by an organization or the government, to be used for specific purposes. Similar to other...

Hazard Analysis: Initial Risk Assessment, Additional Control Measures

Every workplace has issues that can cause safety risks to the employees, equipment, and the product. Hazard can be defined as a potential for harm and encompasses “all aspects of technology or activity that produce risk” (Manuele, 2014, p. 169). Similarly, inactivity can also cause threats in the workplace environment...

Holding a Limited Amount of Inventory: Advantages for a Grocer

Introduction Having quality and quantities of stock at any one time is a competitive advantage mechanism in retail businesses. However, determination of adequate and appropriate inventory is problematic. There are constant changes in supplies and logistics; coupled by an ever changing consumer need, it makes the business world a constant...

UK and US Corporate Governance Frameworks Plan

Overview This is an evaluation of the different approaches to corporate governance frameworks in the UK and USA. The plan will have three main chapters as outlined below: Introduction Make a background look at corporate governance frameworks that were in practice in the UK and the US in the early...

The Aim of Promotional Techniques

Is Procter & Gamble Right in Resorting to Price Cuts to Revive Its Flagging Sales? Promotional techniques are the primary instruments aimed at increasing sales. When the volume of sales drops significantly, manufacturers often decrease the price of their products to stimulate interest. Spurring customer motivation to buy the company’s...

Accounting: Methods for Allocating Overheads

Introduction Determination of full costs and selling prices is one of the most important methods of costing in any enterprise that is aimed at improving on profitability as well as making decisions. Most of the organisations face challenges in trying to figure which method to use to both full cost...

Food Festival Event for Westboro Residents

Introduction Westboro is an area located on the west end of Ottawa, which local folk often calls Westboro Village. Located along the Ottawa River, the neighborhood formed in the nineteenth century and quickly became one of the most unique and diverse areas in Ontario. The Westboro community has undergone several...

Venus Mobile Inc.: Strategic Management Report

Introduction Strategic management plays a significant role in the success of business organisations, especially in attaining the set organisational goals and objectives. It is the most effective leadership and management tool that helps in navigating the contemporary business challenges. The business environment is increasingly becoming competitive, mainly due to the...

Corporate Governance Role in Firm Performance

For companies to be competitive, they need regular investments and other sources of financing. High-level corporate governance is an essential requirement for obtaining financial support for enterprises. This type of company governance determines its future welfare and stability. For this reason, its use is more critical for investors than the...

The Problem of Workplace Bullying: Literature Review

Workplace bullying is a phenomenon that is often observed in working settings. It is associated with targeting, mistreating, harassing individuals for the purpose of upsetting and causing emotional as well as physical harm (Bowling & Beehr, 2006). As a result of prolonged bullying, its victims become less productive, emotionally instable,...

Generally Accepted Accounting Principles

Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) are the two primary accounting frameworks with core peculiarities. GAAP, which is accepted in the United States, presents accountants with a rules-based framework that allows them to operate under a strict code of conduct, which leaves little room for...

IPhone 12 Mini Product Analysis

Introduction Apple Inc. is a worldwide technological company founded by Steve Jobs, Ronald Wayne, and Steve Wozniak; its headquarter office is in Cupertino, California. The company develops and designs new computer and phone devices using the most advanced technologies (Heracleous & Papachroni, 2016). Last year Apple introduced a series of...

The Role of the Financial Manager in the Company

Recently, most companies have adopted a way of promoting the CFO to the CEO. They consider this as a way of offering the best services to their shareholders. This trend of promotions has been discovered to have both advantages and disadvantages, but the final decision depends on the company policies....

The Downstream Oil and Gas: Review

The oil industry has always played a significant role in the economics of any given country. The industry is complex and occupies a substantial portion of the global market. The complexity of the supply chain caused it to be divided into three separate segments: upstream, midstream, and downstream. It is...

Electronic Document Management System

Introduction: Current Situation Electronic Document Management System (EDOCS) is one of the software instruments allowing organizations to monitor and control the operations of all of their departments and be a modernized institution. The current state of the US health care system, as stressed by scholars and even President Obama, leaves...

Decision-Making and Information Politics

Introduction Decision making and information politics form part of an organizations structures and are therefore important for success (Lauwereyns 13). In the current business world, organizational politics is a reality that we are supposed to face. This means CIO’s are supposed to act in a certain manner. As a matter...

Organizational Politics of Hewlett-Packard

Introduction Analyzing political behavior and interactions is challenging for several reasons. First, the object of analysis is the complex relationships of entire groups of influential persons. Second, their position makes it extremely difficult to obtain information about their lives and the reasons for their actions. Often, companies do not reveal...

A Bonus Program Encouraging to Improve Performance

The bonus plan appears to motivate the employees by providing them with the opportunity to use their skills to earn a monetary or non-monetary reward. Numerous companies improved employee satisfaction by using employee bonus programs that focus on creating advantageous situations for businesses and employees and generating new business. In...

Pharmaceutical Industry: Effective Market Strategy

Effective market strategy greatly determines the successful performance of a business. However, its sufficiency to meet the requirements of a business is highly doubtable. With a biased focus on the pharmaceutical industry, it is, therefore, cardinal to ascertain the authenticity of the above statement. A marketing strategy in the pharmaceutical...

Behind the Counter at Mcdonald’s

The first article I wish to summarize, “Behind the Counter at McDonald’s”, concerns Robin Leidner’s research conducted about the employees’ alienation due to the routinization of work. The author did a participant observation at McDonald’s as a model of formal rationality and standardized rules. The observation has shown that the...

COVID-19 and Supply Chain Disruption

The Covid-19 novel coronavirus pandemic has affected the entire world. Billions of people have been confined to their homes as governments attempted to prevent the outbreak from spreading. By 2020, globalization had reached an unprecedented level, as nations and economies became deeply intertwined. The pandemic has entailed restrictions in terms...

Millennial Loyalty in Today’s Workplace

In his article, Peart (2019) explores the complex concept of workplace loyalty by comparing the Millennial generation to the generations that came before it. The author points out that contrary to popular belief, Millennials are not more prone to the so-called “job-hopping,” or the tendency to frequently change workplaces. The...

Additional Financial Resources

Introduction Additional capital for a company is often required when the company needs to implement a potentially successful project, extend the production or range of services. The means, that may be resorted to are various. This paper aims to analyze at least three measures, which may be resorted to gaining...

Strategy Options for Hotel in Sydney, Australia

Customer Attraction The current financial situation and CVP report indicate that the hotel’s price strategy is the best approach to attract clients during the high, shoulder and low seasons. Moreover, the hotel will continue to support the brand values and will not replace or eliminate some services during the shoulder...

Financial Crisis: Mortgage Lender’s Perspective

The role that I have chosen to examine is that of a mortgage lender employee– the representative of a firm that gives out loans for property purchases. In this particular case, my title is a mid-level executive at a financial corporation, and I am responsible for leading the department related...

SaaS Forms Builder Platform for Businesses

SaaS forms are important to every business regardless of their size as they enable them to streamline various day-to-day processes and functions. It is critical to note that they do not require coding skills. For instance, it is essential in conducting market or customer surveys. Customers can quickly fill in...

The Amazon Phenomenon: A Strategic Analysis

It seems reasonable to apply the following primary sources in this project – materials review and product experience. Such a choice was made because I have experience of using Amazon and that the company’s marketing significance is visible via its platforms and related reviews. Materials review reveals the following; the...

Organizational Management Issues in Telecommuting

Introduction In recent decades, the study of organizations has become the main focus of research in several scientific disciplines. Sociologists, anthropologists, specialists in social human psychology, political sciences, and history directly contributed to creating the theory of organization. The growing interest in organizations’ study indicates the presence of organizational issues...

Supply Chain Strategy in Tumon and Accra

Introduction It is important to consider the local specifics regarding supply chain optimization to gain the overall competitive advantage, which will allow a company to reduce costs and increase profits. The given case will revolve around a bottled water company, which can be considered as a highly competitive niche due...

Keeping With Changes and Transformations in a Business

During its lifecycle, any company faces a time when it becomes necessary to introduce changes and even perform extensive reorganizations. The way these changes proceed mostly depends on the strategies chosen by the management and their correct understanding by the employees. Their outcome broadly defines the company’s future and its...