10895 samples of this type
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...
Businesses contain multiple processes that lead a product idea to its sale: strategical planning, development, manufacturing, delivery, and overall customer experience. The strategy development stage forces a company or an entrepreneur to study their niche, decide if the product’s concept is in demand, plan its realization, and forecast costs and...
Malden Mills is a textile industry that flourished under the leadership of Aaron Feuerstein. In 1995, the organization was burnt down to ashes by a fire outbreak. The chief executive officer, Mr. Aaron did an extraordinary thing. Instead of laying off the 3,000 employees of the organization, he kept them...
In this paper, I aim to reflect on “Confessions of a Sweatshop Inspector” written by T.A. Frank and published in Washington Monthly on April 1, 2008. The author talks there about his personal experience of working in a company that specialized in the field of “compliance consulting.” The text raises...
Introduction E-Commerce (Electronic commerce) is one of the recent and emerging internet services. E-Commerce is simply, the doing of commerce using Electronic Technology such as internet, or other computer networks. The E-Commerce comprises the activities such as selling and buying of the products through internet. Security in the E-Commerce is...
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....
Introduction In the scholarly literature, bureaucracy is defined as “the combined organizational structure, procedures, protocols, and set of regulations in place to manage activity, usually in large organizations” (Gomez-Mejia et al, 2008, p. 34). This is the core of the structural formation of an organization. It is that part that...
Introduction Automation is the technology used to perform a process with minimal human intervention. Automation is concerned with discovering methods of increasing productivity, reducing idle time, cutting waste, and improving product quality. Nowadays, producers in every industry are active users of various software systems, aiming at the efficiencies of substitution...
Introduction In every organization there comes a time that not so easy decisions have to be made. It is at this time that the responsible people in that organization have to consider their steps carefully. Risks and uncertainty form the basis of either failure or success of every business. some...
The Flower Fairy Tale is a small business startup, which was established this year. It presents a luxury flower boutique, which differentiating feature is supplying a variety of designer bouquets. The core audience is considered to be the people with upper-middle and high income. At the moment, there is only...
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...
Executive Summary This report highlights some of the problems facing The Community Festival to warrant a need for change. The agency has poor and weak organizational structures, and this aspect is affecting the way it is run. The top management, including the supervisor and the Board of directors, has failed...
International strategy generation implies making a subjective decision based on objective facts. In other words, every company needs to decide what will benefit it as it taps into foreign markets, taking into account factors many of which are unchangeable and unmodifiable. In this sense, a strategy can be defined as...
To build an effective segmentation model, it is important to answer several questions related to potential clients and investors. Which distinct groups of customers and investors can be defined based on their specific features? What are the needs of each customer or investor group? What are the media consumption habits...
Introduction Let us begin by finding out what is Congestive Heart Failure (CHF) and Atrial Fibrillation (AF) as well as their main causes. According to the American Geriatrics Society (2003), CHF is a cardiovascular condition that is common in older people, and the ailment increases considerably with age. American Geriatrics...
This article explains how environmental scanning is used to position the company in the market.There is a connection between environmental scanning and organizational culture. According to the article, various sources are used to provide information for scanning. In carrying out environmental scanning, issues such as political, economical, social, technological, legal...
Introduction The word ‘outsourcing’ gained popularity in the information era though the activity was undertaken by many traders and entrepreneurs from time immemorial. Though the word is used to connote different meanings generally, outsourcing literally means sub-contracting an assignment to a third party. Mainly it is between organizations that assign...
Introduction Global trade increases sales and profits and puts the name of the brand on the worldwide market, which makes it extremely attractive for domestic businesses. However, there are a lot of different factors to consider and evaluate before going globally with the company. Main body International marketing is a...
The development of advanced technological means of communication, data gathering, and data analysis tools is having a significant effect on business. The ease with which previously impossible amounts of data can be collected and analyzed allows organizations to conduct market and consumer research on an ever-increasing scale. Furthermore, new instruments...
Introduction Effective communication is essential, especially if one is a front-line supervisor who has to engage with many people. Front-line supervisors handle staff members, facilitate them, and resolve various among them. Sometimes front-line supervisors also communicate with customers, although the circumstances of such interactions may not be favorable. The sheer...
The medical institution described in this essay is an assisted housing facility for adults with mental illness disabilities. As an establishment that provides housing and support for people with various degrees of therapy and medication needs, the facility faces numerous risks associated with dangerous patient behavior, infections, and medication. This...
Introduction The purpose of this paper is to find out determinants of CEO SALARY. The main findings of the primary the data were interpreted and turned into information by using SPSS and excel quantitative methods software system jointly. Statistics in clients’ survey A total of 300 questionnaires were sent to...
Introduction Facebook is an industry leader in technology and social media. Occupying a management position in such a company means having to deal with many complicated challenges. One of the most critical present-day challenges is posed by diversity, which includes differences in race, gender, age, culture, and functional background. A...
Introduction Change is necessary in the evolving business world, but only effective management leads to success. In my view, the likely root cause of Acme corporation’s organizational issues (increased turnover and decreased profitability) is ineffective change management by the HR function. The disagreements and strategy deficit at the senior leadership...
The mistreatment that employees’ representatives exposed to laborers had existed for a long time. The workforce used to battle to guarantee themselves freedom from unhealthy working conditions and ensure that they profit on their job. Recently, benefits and compensation in the working environment have become an inherent and essential part...
Compounding In scenario 1 and 2, the future value is calculated using the following formula (Heyford, 2019): Future value = Present value (1 + Interest rate)Number of years compounded However, according to Heyford (2019), in scenario 3 and 4, the future value will be calculated as: Present value = Future...
Abstract A proper Product Development System is key to higher profit and better resource management. The system is basically an active control program through which all the three aspects of business i.e., sales, purchases and business. Introduction of IT enabled grid technology would bring a new era into the process...
Concept testing is vital for making effective decisions that will improve a given organization’s performance and competitiveness. However, concept testing is often reduced down to marketing a finished product and getting “an initial reaction from customers before committing substantial funds to the product” (Cianfrone, 2019, p. 3). This marketing-oriented concept...
Nowadays, it is hard to deny that companies tend to use various marketing strategies to draw customers’ attention. Greenwashing is considered to be one of these ways, which implies that a company confuses a customer by creating an image of an ecologically-oriented organization. Cause washing, in general, is a modern...
Introduction History/background. Nike, Inc. appeared as a venture in 1964 when its current competitors, Adidas and Puma, were already dominating the sportswear market (Verbeke et al., 2019). Phil Knight and Bill Bowerman were the founders of the venture and initially aimed to develop high-quality running shoes. After becoming the leading...
Abstract As firms are increasingly focusing on core competencies, there has been a growing interest among organizations to outsource a broader gamut of logistics services. The logistics fraternity is evolving innovative models tailored to meet end customer solutions and adhere to channel wide requirements in the supply chain network. Conceptualizing...
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...
Executive Summary The information management in any media integrated organization is of great significance as it ensures coordination of activities well in such organizations. In this regard, therefore, media integrated houses should ensure that; their information systems are well managed as this will determine their efficiency and effectiveness in terms...
The Concept of Business Cycles Business cycles represent the natural change of economic development stages that reflect the external environment influencing a company’s activities. In this case, a cycle consists of several periods: expansion, peak, recession, depression, trough, and recovery. These events can be easily traced on the example of...
Introduction Safety is one of the primary concerns for air transport. Although it is always relevant for aviation, the recent events, for instance, COVID-19, have underlined the need for better safety measures and regulations, as the number of risk areas has increased. Irish airlines strive to provide their services while...
Gathering information about social media users, their preferences, demographic characteristics, and other features for advertising or maintaining competition is a natural phenomenon in today’s marketing environment. The more successful a website integrates targeted promotional materials, the more profits owners can generate. Regarding the ethics of this practice, the key issues...
Business and government are main spheres where legislation and regulations must be followed in all conditions. The regulatory environment in the business sphere is usually provided by the government acts and laws, which are impossible to violate. The Constitution of every country must have the part, which regulates the business...
Although organizations aim at making a profit, there is a need for them to act and do business in a way that accounts for the societal as well as environmental impact shaped by the business, this concept has been dubbed corporate social responsibility. There are several examples of CRS undertaken...
Introduction The financial scandals occurring in the late 1990s and early 2000s clearly show that the accuracy of financial statements and information of the company is an issue that cannot be overlooked. In that regard, the decision of relying on the financial information provided from within the company by their...
The gambling industry has become a major source of income for many local governments in Canada. Some people think that it is unfavorable for governments to operate casinos and lotteries. They suggest that private organizations should conduct business while governments should only work on collecting taxes. Churches consider gambling to...
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...
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...
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...
The example of the business case concerning IBM and Niels Jensen is a controversial one. There was a brochure – a written proof of the work proposal and a conducted deal. What is more, a quota letter can help during the case investigation. The case deals with unilateral contracts –...
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....
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...
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...
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 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...
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...
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...
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...
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...
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 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...
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....
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...
Introduction There are several similarities between the 4Ps marketing approach and the value perspective. Both value and 4Ps market approaches aim at related objectives in the market growth and development for the organizations’ products and profit maximization. In both techniques, the initial commodity is manufactured as per customers’ demands and...
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...
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,...
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...
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...
Introduction Leadership style is defined as leaders’ distinctive behaviors which they use to direct, encourage, monitor, and manage groups of people. Effective administrators inspire their followers to become innovative, more productive, and creative. However, there are significant differences in the manner in which people lead, and researchers have developed various...
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...
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...
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)...
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...
A contract is defined as an institution which guides the behavior and conduct of those who enter into it. It usually occurs when two or more people, organizations or even companies make an agreement that can be enforced through a court of law and penalties may follow if the guidelines...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
Forecasting is the estimation of the value of a variable (or set of variables) at some point in time in the future. Typically, the purpose of predictive calculations in an enterprise is to provide information to the planning process. Forecasting proceeds from the assumption that if a company can at...
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...
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...
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...
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...
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...
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 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...
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...
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...
Introduction Technological advancement has made business activities convenient and efficient, and the globe has been reduced to a village. The introduction of smartphones has enabled smooth and straightforward connectivity of people across the world. A buyer in the U.S can review and purchase an item from China and get it...
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...
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...
In his talk at the Ignition Conference in 2017, Scott Galloway shared the results of his studies on the four technology giants in the United States. One of his ideas was that breaking the four giants up would be a necessary step since the four companies had aggregated much more...
To implement the latest models of patient-centered care, it is essential to understand the evaluation models and targets that have to be addressed. According to Bokhour et al. (2018), leadership commitment is the most important aspect, as its cooperation is vital to the implementation of initiatives. A model that focuses...
The high demands of customers and in the modern world raises the competitiveness of businesses. Big firms with thousands of workers and several affiliated branches need an automated system for productive results. Enterprise Resource Planning (ERP) implies the administration of business processes by relying on the software that gathers and...
The roles of a leader and a manager are central to most organizations, with both a manager and a leader performing critical functions that will allow for the future effectiveness and often the very existence of an organization. Therefore, assessing and comparing the roles that a leader and a manager...
The banking industry is different from other retail based industries in terms of customer service. Products and services cannot just be developed and directly offered to consumers. There are numerous legal and financial hurdles that must be overcome in order to offer innovative services. This means that good customer service...
The concept of servant leadership has been continuously rising in popularity since the 1970s when Robert Greenleaf’s works established him as the pioneer of the movement. Unlike power-centered leadership, it focuses on empowering and inspiring followers to do their best and succeed. Naturally, the leader’s goal in this system is...
Decision making is the function of a manager at any level. Employees of organizations, as well as specialists of consulting companies, usually take part in its preparation. Managers implement their managerial activities through decisions; therefore, they are leaders’ primary “creations”. The product of the direct actions of the leader is...
The report produced by the Defense Business Board (2012) describes the best practices of private business that could be applied for the management of the Department of Defense (DoD). The observation identified that the strategies are chosen by private sector companies and DoD are completely different. The practices of the...
Introduction It is hard to disagree that the success of any company partly depends on its vendors. Their critical importance is that they ensure the ability of the organization to achieve profit goals and revenue and drive new growth within the particular industry. Therefore, vendors are at the heart of...
Introduction The name of the Company proposed for discussion in this paper is Wal-Mart Stores. Wal-Mart has endured itself as one of the major retail outlets in the Americas and also in other countries in the world. What’s appealing about Wal-Mart? It has gained prominence as one of the market...
It is hard to imagine the work of a company without business meetings. This type of interaction allows providing employees with the information necessary for work, quickly solve current project tasks, motivate personnel to achieve results, and form a developing environment in the team (Golsby-Smith, 2011). However, how true is...
Introduction Communication is an essential element for an organization to achieve its set goals in the short or long run. It involves the process of sharing information among people to come into an understanding with one another. The communication process consists of seven elements that are sender, encoding, message, medium,...
Today, knowledge has become a significant source of competitive advantage for organizations. As a result, businesses need to keep knowledge management human by putting people at the center of every stage and activity during this process. They should adopt a human-centered approach to ensure that the process of capturing and...
Introduction Healthcare organizations play a significant role in different regions since they are required to provide high-quality, sustainable, and personalized medical services to patients depending on their needs. Owners of such institutions need to consider some of the trends recorded in the external environment and transform their business models accordingly...
Establishing Rapport Several ways can be observed through the buyer-seller prism on how to create a better relationship with the employer during the interview. Primarily, it is vital to show genuine interest by asking questions, opinions, and by listening. Remember that both employer and potential employee are interested in meeting...
Introduction The pandemic has caused millions of people around the world to get used to working remotely. Moreover, in most cases, the crisis became an incentive for the transition to more technological processes. The trend of digitalization and enterprise optimization, which has been traced over the past couple of years,...
Retail is one of the industries that has undergone the most dramatic transformation in the last couple of decades. The rapidly evolving business environment presents plenty of opportunities for forward-thinking retailers. The rise of the digital age has changed societal expectations. Today’s customers who have had a taste of the...
Introduction The world is constantly changing which affects consumers’ demand for goods and services. Companies have to deal with heterogeneous trends not to lose clients as well as to acquire new ones (Bai et al, 2019). As a part of my business and economics course, I have researched a paper...
Introduction This paper will use a medium-sized business offering highly specialized, high-quality business development education services as an example. Table 1 illustrates how the mixed data can be managed in the company. Keys here are customers’ full names, customers’ identification keys, and their respective sales orders. In the latter, the...
Introduction Army leadership is an aspect that greatly influences the strength and capabilities of the military. Creating conditions for the productive command of personnel opens up the possibility of achieving high results of training. We view army leadership as a process that depends on several factors. Appropriate academic preparation, strategic...
Abstract Management and preparedness of an emergency is essential in mitigation of possible effects of natural disasters. In aquatic regions, hazard reduction depends on assessment of geographic and natural factors. Even though risk prevention and resilience are connected they are not similar since the former is a pre-disaster strategy that...
Article Information Ciaran Norris, “The Next Generation of Gaming Calls for Next-Gen Marketing” Source: Marketing Week. Web. Article Summary The selected article by Ciaran Norris was published three weeks ago. The source is focused on reviewing the most recent external tendencies affecting companies in the gaming industry and their supposed...
Omnichannel may be regarded as a completely new term in the sphere of digital marketing. At the same time, this cross-channel content strategy will play a highly significant role in the development of stores in the future. The development of online retailing and the emerging of additional digital channels that...
Product and Marketing Evolution Microsoft (MS) has developed its product range and marketing strategies throughout years of continuous improvement and innovation. The history of evolution dates back to the early 1980s when MS launched the Disk Operating System (DOS) for personal computers. Consequently, uniting DOS, Windows Operating System, Mouse, and...
Introduction This presentation is developed to review the evidence on the topic of income inequality and answer the following question: are the rich getting richer? The question is considered by Bennett, Briggs, and Triola (2017), and their book is the primary source of the present analysis. Two news articles by...
The main difference between the weighted average costs of capital and the weighted marginal cost of capital is that WMCC is the new or the incremental cost of new capital to be issued by a company. This capital is to be issued or raised at a new cost according to...
The effects of the Great Recession of 2008 were experienced all across debt and equity markets as businesses’ earnings fell and investors became cautious and demanded higher expected returns because they regarded stocks to be riskier relative to cash. It is indicated that the value of the Wilshire Index fell...
Executive Summary 4Fingers is a successful business with operations in Singapore, Indonesia, and Malaysia. Since entering new markets requires a thorough analysis, the purpose of this paper is to present a comprehensive description of the attractiveness of the Vietnamese market, including market size, growth rate, pricing trends, and competition. Besides,...
Creating adequate conditions for promoting innovative goods and services depends on numerous factors, including the geographic location of the region for sales, the indicators of consumer demand, brand value and other significant criteria. Today, even start-up companies can offer relevant propositions if the direction of activity is chosen correctly and...
Market segmentation is critical to a marketing strategy; it drives organizations’ marketing decisions. The concept of market segmentation stems from the economic pricing theory that claims that it is possible to gain maximum profits via discrimination of pricing levels between segments (Venter, Wright & Dibb, 2015). Market segmentation helps to...
The transformation of the toy industry seems subtle, but it is highly dependent on technological progress. It is no secret that children are becoming more and more involved in online entertainment and the use of electronic devices daily. It is an essential process for humanity’s development, as people get used...
Introduction For a restaurant business to be successful, its management should establish a strong purchasing process that includes both selection and procurement. The process should be well organized in order to control costs and deliver the best possible product for the company’s target customers. Chick-fil-A, a major fast food chain,...
Understanding differences between tactical and strategic planning in an organizational context is critical for the effective management of resources and the development of a competitive advantage. As a rule, tactical planning offers strategies for meeting short-term goals and emergent issues, whereas strategic planning leads to the creation of long-term strategies....
Leadership is when an individual envisions a goal and motivates others to work with them towards that target. Managing a team in an organization can be a daunting task for any leader since they need to create strong leadership-followership relations and also meet the organizational objective. The followers can assist...
Introduction Every profession has its own set rules and code of ethics, which all practitioners in that specific field must follow. These principles, rules and regulation originate from the corporate world to direct practices and actions by members of a specific profession. Accounting being one of the core elements of...
The Strategic Planning Process The approaches utilized by organizations in developing strategies to achieve long-term goals comprise the strategic planning process. It is vital since it facilitates creating a master plan instrumental for attaining the company’s tactical aims. It has several steps, including determining tactical position, objectives’ prioritization, developing a...
Work satisfaction of the employees is an essential part of any business’s success, or if the employees are not satisfied, it’s agonizing failure. Different aspects of employment can be satisfactory to different people: some prefer to socialize with their coworkers and don’t mind dull busywork, while others want to change...
Subaru is a brand with Japanese origins that has built its popularity in most developed countries of the world. Its history shows a clear interest in technology and innovative solutions complemented by high quality and reliability. Thus, the new project proposal will root itself in these ideas, targeting such populations...
Implicit biases are not inherently permanent, and steps can be taken to address their impacts both on a personal and organizational level. Many companies provide implicit bias training, which is necessary but lacks long-term solutions, offering workers to consistently keep their biases in check which requires significant cognitive energy and...
Overseas sweatshops are a common practice for many companies and industries all over the globe. The production of clothes is one of the most significant sectors that employ foreign sweatshop labor (Stafford). This paper covers a brief history of the issue and reasons why fashion giants decided to move their...
SWOT Strengths Weaknesses I believe I have significant strengths in terms of fulfilling responsibilities required for this position. First, I have administrative experience, working directly for a high-ranking colonel. My experience and seniority have placed me in a position of managing of personnel and supervisory roles which will allow establish,...
Each manager has a different leadership style and approach to communication that depends on his or her personal and professional qualities. At the same time, leaders need to understand these characteristics to apply strengths and work on weaknesses for improving their skills. Studying my leadership style and emotional intelligence has...
In 2016, an enormous spike in the price of EpiPen, a life-saving epinephrine auto-injector used in emergencies by people suffering from severe allergies, caused a massive scandal and numerous discussions. The manufacturer of the device, Mylan, confronted a public outrage and had to take measures to be rehabilitated in the...
Entrepreneurs drive the economy and foster further technological progress, thus increasing people’s quality of life. Although personal traits and skills, such as innovative thinking and willingness to take risks, are important factors contributing to entrepreneurial success, they are insufficient without external support. Only the combination of personal qualities, supportive government...
Occupation Identification Within the recent advancement in technologies and the long-term achievements of processes automation, many types of jobs are now on the verge of being attributed to execution without actual human work. Under the circumstances when particular activities are more likely to be automated than others, it is relevant...
Introduction Globalization itself is not a new phenomenon: as Martin et al. point out, it has been an evolving character of the world’s economy for quite a few centuries now (3). Martin et al. opine that the Age of Exploration that commenced in the 16th century was what triggered the...
Subway is a chain of restaurants famous for selling custom sandwiches all over the world. Subway is the brand name for the Performance Food Group (PFG), which has been showing steady growth during the previous five years (PFG 26). In 2018, the company’s total sales were more than 17.6 billion,...
Before starting any business, the first and most important issue would be the choice of the form of ownership since the state requires mandatory registration for entrepreneurs. It is necessary for the state to closely monitor those who are registered and make sure they pay taxes. As for my business,...
Modern society requires people to master and apply multiple skills to succeed in the workplace or get a well-paid job. Human resource planning, job specialization, extraversion, and dealing with ethical dilemmas are examples of efficiencies that can improve a worker’s performance. Organizations that provide various careers prefer to hire experienced...
Introduction Financial management strategy refers to the process of identifying all possible strategies that can assist in maximizing a business net worth by allocating the available scarce resources in the best way possible among various competitive environment and how to implement, monitor and develop the said strategy to achieve the...
At present times, the global industry undergoes a fundamental transformation in terms of altering ways of conceiving, designing, producing, and selling the products. During the preceding seven years, more than 70 percent of manufacturers experienced transformation (Ambruch, 2013). This transformation also affected the quality of produced services and goods. According...
Forming and managing the labor force for Adventure Island requires using adequate recruitment and performance monitoring techniques. Due to various activities on the territory of Amusement Park, particularly both entertainment rides and games and retail trade of drinks and food products, specialists of different profiles are needed. As hiring tools,...
Abstract The first question I need to ask myself is who I am and why I am being called a Commodity Trading Advisor (CTA) and not just a general businessman? A CTA is a person who oversees and manages one or various accounts for each of his clients for compensation...
Motivation is a significant factor in business, as well as life in general. It is necessary for any endeavor to succeed, from one’s day-to-day plans to major business undertakings. Furthermore, motivation has a major beneficial effect on the company, firm, or unit in general (Lorincová, 2019). Thus, maintaining motivation in...
Innovative ideas as a set of changes in the organizational practice of the company are the engines of professional and financial development. The oil and gas industry is extremely volatile from product realization: every day, the cost of a barrel of oil is subject to fluctuations. Often, due to the...
Monsanto Company, was among the leading producers of agrichemical and biochemical products globally. Its expansion during the First World War (WW1) was facilitated by the federal government’s trade policy tariffs, which favored its market dynamics (“History of Monsanto,” 2020). During the WW1, Monsanto produced styrene, a highly valuable substance in...
Executive Summary Charge-Your-Car (CYC) innovative charging devices disrupt the market and promise a competitive advantage for the start-up. Nonetheless, the need for rapid revenue margin growth encourages the company to focus on the less traditional market of electric vehicle consumers. The core strategic proposal is to supply the rural regions...
Four Key Management Functions For successful and effective management, it is necessary to determine its primary functions. The entire control process can be divided into four parts, arranged in strict order to be performed sequentially. The first stage is planning, which can be viewed in terms of strategy, tactics, or...
Starting a new business is a complicated process covering identification of the most appropriate legal structure; selection of the necessary business form requires balancing all strengths and weaknesses from a legal point of view in order to simplify further company activities. The idea to open a Pilates Studio franchise needs...
