11418 samples of this type
Introduction Business organizations need to implement superior measures to improve their operations and maximize profitability. The selected company that can benefit from a new strategy is General Motors (GM). In 2014, this organization had a scandal that exposed the major challenges that were affecting its business operations. This project presents...
The content of ethics is determined by the value categories of duty and justice. As professional ethics, marketing ethics has its own philosophical and methodological origins, which go back primarily to utilitarian theories. Ethical responsibility issues arise concerning the firm’s actions regarding personal and social needs, truthfulness in relationships with...
Introduction The description and understanding of the target market for products are important to ensure that potential consumers can be reached in the determined district. The business under consideration is oriented toward customers in New York, NY, with a specific focus on the population of Brooklyn (where the headquarters are...
Introduction The use of cell phones while driving escalates the risk of harming other motorists and pedestrians due to distracted driving. For instance, sending a text message when driving increases the car crash risk by 23 times (Carroll et al. 289). A study indicated that the accident severity increased to...
Introduction Sometimes, managers may find that not all employees work equally well and hard. The reason is that various management schemes must be applied to them because each employee is at a different stage of development: both within the company and personally. The solution to this problem is the situational...
What did you learn about workplace harassment that impacted you to know? Workplace harassment can take many forms but is always discriminatory and harmful. Abusive behavior results in adverse effects for companies, affecting productivity, morale, and turnover rates, and employees, impacting their physical and mental health (Bader et al., 2018)....
For this assignment, the author has reviewed two articles that discussed unethical practices. One highlighted scandals that happened in 2017, while the other identified five large U.S. corporations that it considered most unethical. From the article by Shen, the author has learned that most scandals appear to result from leadership...
The process of marketing research implies following the specific steps for a precise outcome. First, the marketers define the product buyers in general, for example, teenagers of 13-16 years old living in Los Angeles. Sometimes they use not real customers but the perceived people who would possibly be interested in...
Introduction Organizations benefit immensely from training employees because well-trained workers have higher productivity and output. Studies have shown that companies that invest in employees’ professional development report lower rates of absenteeism and staff turnover, as well as increases in innovation and customer satisfaction. It is important to educate new employees...
Introduction Between 2009 and 2013, numerous companies have changed from public to private, in order to avoid the financial backlash of the economic crisis that shook the global economy during those years. In order to respond to the various economic challenges arising during those years, many smaller companies were absorbed...
Introduction Toyota has been known as one of the major global corporations producing cars. Originally founded in Japan, the company quickly grew into a global enterprise represented on multiple levels and targeting a wide variety of buyers. However, despite the attempts at incorporating the latest advances in HRM the company...
In various circumstances, it is often necessary to consider issues from a moral point of view; hiring is one of the situations when stakeholders sometimes need to make ethical decisions. The task of the HR department is to evaluate which candidate can be considered for a particular position. At the...
Introduction Japanese Soccer School A is a world-class training and learning facility that pioneered soccer coaching in Japan and has a wide net of schools and training facilities in the country, with the total number of offices being 154 and 46 franchise licensees. The school is currently training over 21,000...
These days every action is a sale. Although in the past nobody defined communication as a market and put objective prices for such non-material goods, society now has a tendency to evaluate them. Even two new terms have been coined for this selling and buying process – providing and using...
Conscious capitalism or marketing is gaining popularity as companies seek to embrace compassion in their business ventures. TOMS Shoes is one of the leading conscious companies with its “one for one” mission. The idea behind this company is to donate one pair of shoes to a needy child for every...
Every project is a mutually-connected system that includes numerous operations. According to Jacobs and Chase (2014), a project is a set of related jobs that are directed toward a specific outcome. Usually, it takes some time and effort for a project team to achieve the desired goal. Thus, the principal...
Transportation Regulations and Policies Firstly, it is essential to examine the policies associated with the expansion. The goal of the Department of Transportation (DOT, n.d.), which oversees all transportation in the U.S., is to ensure that all the logistical activities nationwide do not harm the environment, the public, and the...
Introduction It is evident that due to the fact that big online corporations like Amazon.com Inc took over the bookselling industry, it became even harder for bookstores to keep up. Barnes & Noble is one of these companies that flourished during the 1990s and 2000s; however, they almost fell out...
Over the past few weeks, I have received a large amount of feedback from our employees who report a conflict situation in the workplace. According to numerous observations, the psychological climate and corporate morale in our company have recently been the primary concern of a considerable number of employees. The...
Definition Leadership as a concept can be approached and defined form multiple perspectives. However, most of the existing definitions share a common characteristic of viewing leaders as agents of change, be it within the workplace environment or in staff members’ behaviors. From a general standpoint, leadership can be described as...
The ethical dilemma in the “Honest Harry” scenario includes receiving a sample from people who may be prejudiced as opposed to finding providers of more objective data. It corresponds with the Personal Integrity and Accountability rule from Ethical Guidelines for Statistical Practice. According to the American Statistical Association (2018), the...
Any person engaged in the sphere of management needs to have a variety of skills that contribute to the successful outcomes of business operations. To achieve the most favorable results, professionals have to implement all the necessary skills, such as technical, interpersonal, conceptual, diagnostic, communication, decision-making, and time management. Therefore,...
Satisfying Jobs Organizations need to create and design jobs that are satisfying to every individual employee. This strategy is essential since the targeted workers will remain involved and focus on the outlined mission and vision statements. They will feel empowered and apply their competencies to maximize the level of business...
More and more cities and counties in the United States are starting to tax sugary beverages, which negatively affect Americans’ health. Even though it is an effective way to reduce sugar and sweetener intake, there is a more straightforward and practical one focusing on taxing sugar but not soda. The...
Hillside Clinic is a veterinary facility that prides itself on the quality of its services and individualized approach to its customers. One of the provided services is the emergency treatment of pets at night and on weekends. However, the price of delivering care on these hours is twice the normal...
Introduction Uber Technologies, Inc., often referred to as Uber, is a multinational ride-hailing firm that has its headquarters in San Francisco, California, and operates in over 63 countries around the world. According to Ferrell and Hartline (2017), the company offers a wide range of services that include ride service hailing,...
Article Summary The article’s primary message is food advertising’s influence on teenagers and their exposure to those ads. Today, the US is facing a situation where a high percentage of adolescents suffer from obesity. Active marketing of foods that are full of sugars, refined carbohydrates, and fats substantially contributes to...
The SEC Auto Exchange company is an organization based in Thailand that is involved in the import and purchasing of cars into the country which are subsequently resold. Its particular focus is on luxury cars ranging from coupes and sports cars to sports utility vehicles. Most of these are from...
In the context of recent years, private investor interest in African economies has been growing. Despite some setbacks of the COVID era and the challenges of the environment and infrastructure, experts predict that the private sector will play a critical role in the economic development of African countries, propelling them...
Introduction The current report is aimed at investigating the effect of advertising on consumer behavior. Commercials and advertising messages have gained a significant level of influence on potential customers, thus defining the marketing success and the following revenue-generating of businesses. If the consumer is relevantly exposed to an advertised stimulus,...
The concept of business sustainability has been a buzzword for a while, as numerous companies have been implementing the strategies that allow them to reduce their impact on the environment. However, the lack of consistency in managing the issue of sustainability may be the result of the absence of understanding...
A contract of service and a service contract are two distinct types of agreements that define a worker’s status in a company. A contract of service indicates an employer-employee relationship, while a service contract is preferred in the case of a self-employed individual (Canada Revenue Agency 7). Therefore, to understand...
For successful development in 2020, global businesses have to think more about the customers and their needs. Despite the challenges, international companies must be ready to navigate the new environment. Global digital marketing has long gone beyond branding and advertising. In 2020, it must rely on customer experience to enhance...
The most common tactics I use when dealing with my boss are consultation and rational persuasion. In my opinion, their use when communicating with superiors is understandable. Consulting allows me to learn new things and perform tasks in a way that meets the manager’s expectations. Rational persuasion helps in situations...
Graeter’s has established a flourishing business in its target setting, attracting as many audiences with as much diversity as possible. However, having reached the current success rate, the company might want to consider expanding or, at the very least, changing its status to a corporation. However, accepting the title of...
The Employment Standards Act of 2000 has to be followed in case of mass termination of the employees in Glorious Florists. To start with, all employees who are to be terminated must be provided either with a written notice or a termination payment or both. If employees do not receive...
Introduction There is no doubt that the global companies’ impact on diverse aspects of life is enormous – social and environmental, as well as political and economic ones experience an immense contribution on behalf of the corporations. Be it an airline company or a coffee distributor – regardless of their...
Introduction When an individual starts working for a company, an official contract between them and their employer is formed. However, what people do not always realize is that a different type of a binding agreement takes place at the same moment. This contract is called a psychological one, and just...
The 20th century has witnessed technological progress, which influenced almost all aspects of life. The shopping process and the relationship between customers and retailers are no exception. This paper aims to discuss the influence of online shopping on the crucial steps of the consumer decision-making process and review the pros...
Wild Dog Coffee is a small coffee house offering espresso visitors a limited choice for breakfast, lunch, and dinner. So far, the company has only one branch office, but it is in the interest of management to open a new point. Expanding a business always involves risks, as it requires...
The organizational culture is closely connected with its values and many areas of its functioning, including employee relationships between themselves and with the employer and working process characteristics. According to Schein and Schein (2016), it can affect corporate morale, employee engagement and satisfaction, organizational effectiveness and performance, and company image....
Introduction Company culture is an essential part of the successful functioning of the organization. It does not have a direct impact on efficiency or income, but it helps to establish a comfortable environment among the colleagues, which leads to the improvement of their results. In order to ameliorate the company...
Thesis In this presentation, I argue that a conceptual framework in accounting is aimed more at protecting the accounting profession than at the improvement of accounting practice. There are three critical arguments to prove the thesis. Firstly, the framework is ambiguous rather than precise. Secondly, it is descriptive rather than...
Recently, I have purchased a new fragrance from the Body Shop store, and I was hesitant by their prices. My friend told me that this company has high-quality products, while their prices are above the average on the market. My perceived risk was associated with the financial side of the...
Introduction Looking at prominent leaders that exist in this world, one might not notice that all of them differ from each other in regard to their characteristics and strategies. However, it is apparent that not any head of a company can achieve success. Therefore, there must be certain aspects of...
Different customers express a variety of needs, wants, resources, or generally speaking buying attitudes. Therefore, each market provides an opportunity for the manufacturers to form separate segments. This idea implies dividing the entire market into smaller units, which establishes a better possibility of more efficient product or service distribution because...
The early 21st century is the time of deep-rooted concern about the unethical behavior of business leaders and business enterprises, in general. Admittedly, the lack of trust toward business in terms of ethical conduct was always an issue. Making money is the primary goal of any business enterprise stands in...
Alliance Supermarket is gathering basic information using its point-of-sale (POS) system, and this is why the management is yet to reap the maximum advantage of this piece of technology. The chief information officer (CIO) is exploring ways of mitigating the loss of sales and facilitating customer satisfaction. The organization is...
One of the principal concerns of any retail company is the correspondence of its policies to the principles of conscious marketing, and Everlane and Patagonia are no exception to the rule. These companies face marketing challenges that relate to the necessity to satisfy customers by offering eco-friendly products. It is...
Introduction Leadership theories are fundamental, as they help to understand patterns of interaction between the leader and the team. Besides, due to the existence of leadership models, the managers can better choose the leadership styles that correspond to the circumstances. Since leaders’ actions usually have a direct impact on the...
Introduction The United States Securities and Exchange Commission (SEC) is an independent agency of the federal government. It pursues many objectives, including protecting investors, maintaining efficient markets, promoting capital formation, and others. The SEC has multiple means to achieve its goals, and a 10K annual report is among them. Thus,...
Financial statements are records of all financial activities reflect the position of a person, business, or any other entity. Generally, they report an organization’s assets, liabilities, and owner’s capital at any given point. There are four types of statements: the owner’s equity statement, income statement, statement of cash flows, and...
Assessment phase Wal-Mart Stores has grown over the years to become one of the world’s leading discount chain stores dealing with a diversity of goods including grocery and other forms of merchandise (Kneer, 2009). With over three hundred stores spread in the US and internationally the company faces the hardest...
Research into Organizational Successes and Challenges Blizzard Entertainment, Inc. is a US-based video game developer and publisher with headquarters in Irvine, California, and a subsidiary of Activision Blizzard. The company was founded by Michael Morhaime, Allen Adham, and Frank Pearce in February 1991 after all three graduated with their Bachelor’s...
Introduction It is essential to have a leader who understands the needs of employees and the tasks assigned to them for any field of activity and any team. The combination of strict management and friendly exhortation pushes team members to do their job efficiently and feel comfortable with it. Examples...
The quantitative financial analysis of Forge Group Ltd has shown that for the year 2013, the value of assets has amounted to 464,210 (250,784 in liability and 213,426 in equity). As compared to the other years in the selected time period, the value of equity in 2013 is by far...
Optimized ‘Size and Shape’ of the Airline and Financial Plan The functional organizational structure is rigid by definition. It has some drawbacks that affect not only Airlines, but the airlines that use this structure. First, strong centralized control over operations reduces the flexibility of individual departments, including local managers and...
Resistance to change is one of the most common and serious business challenges. Employees who discourage innovation can be reliable and talented, but their rigidness can sometimes become an insurmountable obstacle to the organization’s development. As noted by Shimoni (2017), resistance to change is both a personal and a social...
Katherine Briggs, in cooperation with her daughter Isabel Myers-Briggs introduced a robust questionnaire that has become a powerful tool for psychologists to identify and classify individuals according to types of personality (Knights and WIllmott, 2007). The theory developed by the scientists is premised on the psychological types developed by Carl...
Even after creating an impeccable product and performing outstanding market research, one may encounter challenges when trying to sell the said product to the target buyers. The issue of sales management is particularly complicated due to the personal factors shaping customers’ attitudes toward a product or service that a company...
Organizational diversity encompasses a wide range of differences among employees. These include ethnicity, gender, culture, age, education background, race, organizational function, and cognitive style. It involves establishing an inclusive environment that allows employees to respect the differences of their counterparts. Diversity involves the perceptions of how people perceive others, which...
Accounting and reporting issues have the power to diminish a company in a short amount of time. Enron’s case is a proof – one of the largest companies in the United States went from $90 to $0.26 per share in a matter of days (Segal, 2020). The management of the...
Impact of Foreign Exchange Rates When a corporation decides to conduct business internationally, it will be exposed to two significant accounting risks associated with export sales and import purchases. These risks are related to fluctuations in foreign currency exchange rates. When speaking about export sales and import purchases that are...
Nowadays, most of us are aware of the speedy progress in Space Exploration. Many international unions exist to develop aerospace science projects. However, one American company made a real breakthrough in the space industry while being private and moved by the initiative of one particular person. You probably guessed that...
LEGO A Case Study Problems and Issues Faced by the Firm and Leadership The Lego Company faced its first financial crisis in 1998 and addressed the largest internal economic decline by 2004. The Lego Group’s supply chain did not manage to follow the changing dynamics within the market and timely...
Introduction In the theater environment, pricing strategies have not been claimed as an advantage for a long time. Currently, the situation is changing and the price formation is becoming a key component in the provision movie theaters with audience. Furthermore, price problems are significantly magnified for a commodity such as...
The agency for analysis is called Branches and it is located in low-income communities. The organization is designed to help children from families with little income. Here they receive assistance in completing homework, learning healthy sports habits, communicating with friends, have snacks during breaks. Moreover, the program from Branches also...
Abstract The four exceptions to the governing classification rules are crucial for a successful business operation. Hence, the rejection of these exceptions may lead to numerous negative consequences and cause a considerable number of obstacles to the business owner. The paper proves the importance of the Standard Exception classifications, the...
The creation of corporate culture For international business management, the creation of corporate culture and the achievement of social responsibility goals depends on the ethical perspective the organization takes. In terms of emerging globalization in multiple spheres of economics, companies that operate internationally need to adjust their policies and codes...
All people are different, and this fact has a significant influence on people’s performance at their workplaces. Neglecting the individual characteristics of employees results in ineffective use of their capabilities. Therefore, it is vital for managers to maintain diversity correctly. Furthermore, diverse companies are more able to attract and retain...
The case of SAMS Hotel Group, LLC v. Environs, Inc., decided May 31, 2013, bears interest to U.S. contract law, specifically where it concerns limited liability clauses. The case summary is as follows: SAMS Hotel Group contracted Environs, Inc., an architectural firm, to design a building. The contract also included...
Every conceptual construct devoted to the study of leadership has endeavored to identify the factors that influence effective leadership. Researchers state that at the current time, the field of leadership theories “is very broad and fragmented” (Lee, Chen, & Su, 2019, p. 88). This is not surprising, given the more...
When addressing the issue of cultural expectations in the global market, managers should be ready to encounter quite high demands concerning business ethics and business communication. Namely, it is fully expected from companies entering the global market to have high diversity rates and be open to all cultures without displaying...
Vision, mission, goals, objectives, tasks, strategy, tactics, and policy are the concepts that help the company to define their work in terms of culture, values, and ambitions, and present them to the world. However, quite often, the difference between these terms is quite vague and needs clarification. This paper aims...
Gap Analysis Service Quality Dimensions for Expectations Dimensions Items Tangibles 1-4 Reliability 5-9 Responsiveness 10-13 Assurance 14-17 Empathy 18-22 A Comparison of Perception and Expectation Scores Item Number Perception Rating Average Expectation 1 6 5.2 2 5 4.2 3 7 5 4 5 4.4 5 4 3.2 6 4 4.2...
Introduction Transcultural global ethics is a subject that raises several heated discussions in the field of business. The situation with Google quitting China contributes to that topic since it raises a conversation about how global companies should conduct their business while respecting human rights. After all, Google is a worldwide...
The present-day business world dictates its rules to the companies and their customers, and they imply the focus on specific parameters defining the appeal of items for purchase. One of the principal characteristics of desirable goods is their coolness, and it explains the first impression a product makes on a...
Introduction The professionalism of a specialist, especially in the field of business, is determined not only by experience but also by available skills. Their quantity, as well as their specificity and uniqueness, are equally important. In particular, they are necessary for different assessments and calculations of varying degrees of complexity,...
Introduction Client satisfaction is the major concern for any business activity as it is the key factor of its profit. Consumer needs can be met on the condition that the product is cleverly developed, properly manufactured, and promptly delivered. As far as the main logistics’ function is to connect these...
Third-party sellers need to get good reviews and high search rankings for being noticed on Amazon. Meanwhile, attracting real buyers is not easy; consequently, some sellers use reliable deception-paid reviews. According to the research by the ReviewMeta platform, a considerable percentage of all reviews from e-commerce leader Amazon were fake...
“You get what you pay for” is a very apt truism for organizational culture, employee well-being, and business performance. Organizational culture is what the employees think, how they act, and why they work for the company in the first place. To create and uphold a desirable culture, executives and managers...
In the current piece, the effect of industrialization on working-class family life will be addressed. The effect on the relationship between men and women will be described in more detail. Firstly, a brief on the beginning of industrialization will be provided. Further, the impact (or its absence) on men’s and...
Introduction Nowadays, business transactions become more and more complicated due to the interdependence between different economic segments. The currency exchange rate is one of the definers of the relationships and goods exchange in the international arena. The concepts of supply and demand and market equilibrium determine a value of a...
Introduction Globalization is gaining more and more impact on institutions, ranging from small companies to multinational corporations. The shrinking of international boundaries among enterprises and their markets has made it necessary for institutions to come up with the possible strategies for dealing with the demands of such diversification. The element...
Introduction Sparrow Pharmaceuticals has acquired its client base by advertising credible and thematic articles and offering a high-quality selection of medical research findings. The given measure has granted the trust of its customers as it was useful for them together with the excellent performance of the company’s products. There is...
Organizational culture occupies a critical place in the existence of any institution. A wrong approach to this issue can quickly destroy any enterprise. The purpose of the essay is to analyze the components of organizational culture using various examples. This problem is essential not only for business enterprises but also...
Introduction The world is always changing, and so do the principles and approaches to management. New Science offers a range of methods that help managers to run organizations more effectively. According to Wheatley (2006), the world evolves when people interact with it. She states that it is more important to...
Implementation of specific strategies or solutions demands an effective and comprehensive approach that guarantees consideration of all issues vital for the improved outcomes. Under these conditions, the implementation strategy acquires the top priority as one of the major goals to attain success and avoid failures. For the healthcare setting, the...
While conducting business, it is important to take into account the strengths and weaknesses. A firm should focus on strengths and create new advantages that competitors are lacking. Stark Street Pizza Company is a small restaurant in Portland which has a small regional footprint. Nevertheless, it has been around since...
In their article, Masteika and Čepinskis (2015) analyze the relevance of the roles of dynamic capabilities in organizing modern supply chains and how they are expressed today. The researchers present the characteristics of supply chains and dynamic capabilities and compare the two in the context of their relationship (Masteika &...
It is a primary goal of every business to improve its quality and productivity while reducing costs and overcoming any inefficiencies. In some cases, there is a specific job position, Continuous Improvement Manager, that deals with the task above. Such managers are free to choose the existing methodology and tools...
In the course of my job practicum at the New York Methodist Hospital, my professional experience was guided by a dedicated preceptor who significantly assisted in my career development. At the beginning of this year, the world faced an exceptional challenge in the face of the COVID-19 pandemic, which directly...
The process of globalization has changed how both suppliers and vendors imagine successful manufacturing and business management in general. Nowadays, the existence and rapid expansion of the free market implies high competitiveness among business units in order to obtain the most cost-efficient and quality-assuring workers in the segment (Azadeh et...
Pivot Table is a tool that allows a user to present data in a form that is convenient for analysis. The view of the pivot table can be quickly changed with just one click, placing data in rows or columns, choosing grouping levels, filtering, and dragging columns from one place...
Fundraising Plan There are different possibilities of external fundraising for an athletic team. From these sources, one can note concerts, auctions, sales, and sports events (Mullick, 2018). After considering the key variables, hosting a field day seems to be an appropriate activity to perform and raise the funds needed. To...
Introduction Ethics has become an integral part of any business due to the prevalence of interpersonal relationships that span multiple cultures, genders, and socioeconomic strata. As the domain of interpersonal communication enlarges, ethical issues are growing in number. Therefore, it is essential to consider business ethics as the required framework...
Being a good team member, a leader, and a manager is possible to develop an effective strategy of handling employees’ requests and planning working schedules for holidays. The first step is to analyze the situation without being emotional and to discuss possible alternatives with Karen, who works directly with employees...
Introduction Exporting is used as a means for venturing into the international markets. There has been an increased interest for people to know the performance of the export market. The quest has caused some analysts to research more about the export market (Aaby & Slater, 1989; Bilkey, 1978; Cavusgil &...
Introduction Business activities are complex undertakings due to the procedures involved in their operations. Even though, people may argue that it requires common knowledge to operate a business; some guidelines must be observed to manage business investments (Todman 2012). There is the need to establish a record-keeping system that will...
Comcast Corporation is a giant American entertainment, information, and telecommunications company based in Philadelphia, Pennsylvania. The firm focuses on creating incredible communication technology that connects millions of people worldwide while generating the most exciting and treasurable experiences. Comcast Corporation is known for using backward integration to gain a competitive advantage...
Brief company history Apple Computer, Inc. was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976 in California. The organization’s commercial activities began with the production of its first personal computers with the MOS Technology 6502 processor: success came almost immediately. Since then, inventors have created other versions...
Ethical behavior at the workplace seems to be one of the top topics in the world agenda, considering the number of scandals occurring in the world-known enterprises. The trend of the ethical workplace spread is still in process: the developing countries are still getting acquainted with the new ethical standards...
Introduction For my future career, I plan on developing and implementing the democratic and participative leadership styles. I believe that this is the most effective way to manage an organization and guide it to success. With this approach, I will be able to encourage the team members to participate in...
Ways of Entering the Market The world has experienced multiple changes, especially in technological advances that have facilitated the integration of the economy in different countries. Changes such as traveling, information sharing tools like the Internet, computers, and smartphones, as well as distribution channels, have facilitated the concept of globalization....
Introduction The core principle of servant leadership is based on the idea to serve other people and to focus on the well-being and growth of the leader’s followers. The preceptor who guided my job practicum experience at the New York Methodist Hospital embodied the key aspects of servant leadership. She...
The Personal Trainer is a supercenter located in the Toronto area which offers basic services such as exercise equipment, a swimming pool, sporting goods shop, health food store, teen center, and snack bar, and special services that include child fitness programs and a computer café. The aforementioned functions will require...
Research Question There is no doubt that the development of business enterprises in conditions of the modern market is becoming challenging, caused by a number of political and economic factors, including the abundance of competitive core companies. This means that modern business cannot develop without hindrance, as when entering the...
Principles of individual decision-making Individual decision-making is a process where a single person makes a decision without necessarily consulting other parties. This increases the chances of making ineffective decisions and it is for this reason that there are principles which have been developed to act as guides to the individuals....
Business ethics is an essential part of a successful company, regardless of its niche. In his article “It Seems Right in Theory but Does It Work in Practice?”, the author states that the business must be competitive and build trust to achieve its goal. To operate successfully, people should develop...
Historical Performance Measures Profit The metric of profit has likely not changed much throughout the 20th century. It remains one of the most important measures of success to businesses because it often determines whether it can continue operating in the long term. How it is measured, such as gross, operating,...
Before I read Lynn Sharp Paine’s Value Shift: Why Companies Must Merge Social and Financial Imperatives to Achieve Superior Performance, I had not paid much attention to the values in business management. However, after reading this book, I have realized that the principles of business ethics are an important tool...
The research mainly focuses on intercultural communication experiences between non-native English-speaking women and native English speakers. Thus, the purpose of the study is to examine the work interaction experience of these groups in order to understand the underlying barriers of communication. The major finding is the fact that both groups...
Trade shows are critical as it allows for direct B2B connection between manufacturers and retailers, providing a platform where industry players can display and demonstrate new offerings to not only retail organizations but media as well. Trade shows are common industry-specific allowing a manufacturer to evaluate competitor products and identify...
Introduction Both the individual in particular and society as a whole equally form and lead each other. In my case, K. Kelly Hancock, Executive Chief Nursing Officer, became that individual, namely a mentor or a leader. She greatly inspired me and influenced my worldview by her leadership style and qualities....
The study focused on determining whether UK university athletic departments engaged in strategic planning. It also wanted to investigate the key areas of focus in strategic planning. The third objective was to analyze the relationship between university size and strategic planning as well as athletic director’s background and strategic planning....
The role of HR managers in an organization is difficult to underestimate since they manage the company’s most valuable resource – the workforce. Effectively managed employees are committed to their organization and do their best to help it achieve its strategic goals. To succeed in human resource management, HR professionals...
Economic development in Africa has the potential to create a new consumer class shortly. This latent market could be a future source of prosperity for Gain if marketed correctly. The first analytical technique suited for this task is cluster analysis. In short, this method puts together similar variables inside a...
There are many ways of presenting information about a factory or a company in the business environment. Most of the companies resort to compiling a business report, which is an evaluation of a specific issue or financial transactions that relate to the performance of a business (Gray, 2019). Others recur...
The article by Walton addresses the social and demographic aspects of the marketing techniques used by the contemporary markets by synthesising the data on mortality induced by COVID and police brutality with the perception of diversity. The author expresses the opinion that marketers in “total markets” utilize the social and...
The juxtaposition of Authentic leadership, Team leadership, and LMX theory in relation to team management revealed their close correlation. It is vital to conduct such comparisons and test them in real life because it is the way to create practices that suit one’s own managerial or subordinate experience. Each company...
Introduction Evolutionary and globalization processes determine the trend in the modern labor market, characterized by a growing diversification of the workforce, which carries both certain difficulties and advantages. Thus, it should be used by management to improve the efficiency of using human potential and the company’s competitiveness. However, to get...
On Hofstede’s chart of the dimensions of National Culture, Italy differs from the United States in two areas, the distance of power and uncertainty avoidance (Green & Warren, 2020). Italians accept the power to be distributed unequally as opposed to the more egalitarian Americans. Furthermore, Italians are likely to seek...
Integration paper The first week of this module has been extremely valuable for me since it has many practical applications in my professional life. This aspect will be discussed in my personal profile in the next section. The concept of electronic commerce is very relevant in today’s business world and...
Introduction The Arizona State University Technology Office has been making strategic plans and setting annual goals for future academic years for many years. Such initiative helps structure the educational process and have clear goals, which contributes to the development and modernization of the university itself. The strategic plan and goals...
The Coca-Cola Company and AT&T are old US enterprises that have managed to stay successful under changing market conditions for a long time. The history of AT&T began in the late 19th century with the telephone invention (Cohen 20). This event served as a signal for the founding of the...
Introduction Communication plays an essential role in any organization and its performance due to the fact that the given process determines how freely essential information flows from one person to another. This exchange of ideas and information allows people to increase their performance because outstanding communication directly affects the overall...
Introduction As stated by Northouse (2016), leaders are determined to perform with all of their followers rather than interacting with just a small group of them. This is the primary principle that determines what leadership is for me. While answering the questions in the questionnaire, I realized that some of...
With three price options, 59$ for an online subscription, 125$ for a print subscription, or 125$ for online and print, The Economist convinces customers to purchase the third option. This strategy uses more than two alternatives, generally three, to create price relativity in the consumer’s mind. In the case of...
Hazard of electrical equipment During the facility’s electrical inspections, the following hazards were noted: Instant access to the service panel is highly limited as it is blocked by various cardboard boxes. All parts of the electrical system should be easily and rapidly approachable for an electrical technician, especially in the...
Introduction British Telecommunications plc that is more known today as BT is one of the biggest British companies. Its foundation in 1984 became a turning point in the advancement of British and European telecommunications. Due to its privatization, BT has begun to play the role of the dominant provider of...
Microsoft Excel’s ability to import data from a variety of sources and process it within a single medium without wasting time on matters such as processing is a significant advantage. It enables the researchers to minimize the time spent unproductively and devote their attention to the analysis of the available...
Sustainability Information (SI) Bayer AG is committed to disclosing both financial and non-financial reports to all its relevant stakeholders, especially its potential investors and the government. The company discloses its sustainability information as part of its annual non-financial statements in line with the CSR Directive Implementation Act (Bayer Global, 2020a)....
Tapomoy defines human resource management as “the strategic and coherent approach to the management of an organization’s most valuable assets the people working there who individually and collectively contribute to the achievement of the objectives of the business” (23). The author continues to point out that a business’ human resources...
Introduction Home Depot Incorporated is an American retailer of products and services related to construction, home design and home improvement. The products offered by the company include hardware supplies, paint, plumbing materials, gardening tools, plants and home appliances. The company is the largest retailer of home improvement services in the...
In the age of capitalism, people are increasingly developing their businesses and starting new ones. With so much competition, every company has to come up with strategies to increase income, improve overall performance, and improve its position in the competitive world of business. One of the most critical areas for...
Background VipShop Holding Ltd. is an online discount retail company based in The People’s Republic of China (RPC). It was among the first internet shops that successfully implemented a third e-commerce model, which allowed VipShop to become highly profitable and scalable. The company regularly provides major discounts and special offers...
Background Information Mary Taggert is contemplating extending subprime loans for her bank. According to Johnson et al. (2010), her competitors have enjoyed increased profits since entering into this market. Therefore, she is exploring new lending approaches to gain a competitive advantage by growing the number of borrowers. The two percent...
Background Hurricane Katrina and Rita Churning which knocked the Gulf of Mexico destroying oil rigs caused a substantial rise in oil prices (Zikmund and Babin 150). As a result, analysts anticipated a significant fall in the demand for gas guzzlers and high-performance vehicles such as SUVs. Nonetheless, the sale of...
Introduction Analyzing the current state of Green Mountain Coffee Roasters (GMCR), it is possible to conclude that despite the ranks given by Forbes magazine, the company still has much to develop. Back in the 90s, GMCR reached great heights through collaboration with Keurig Inc. After merging with the Dr Pepper...
The success of the army essentially depends on the extent to which fruitful army leadership is formed. A leader acts in the interests of ensuring the organization of joint, collective activities of people. Their main purpose is the most rapid and successful achievement of a common goal (Walker & Bonnot,...
UnitedHealth Group Incorporated (UNH) is a managed healthcare company located in the United States of America. In 2019, it was ranked as the second biggest healthcare provider in the world with a revenue of 240.3 billion dollars. Certain factors most likely contributed to its high place in the industry, including...
Introduction Considering the declining economy, it is important for young aspiring undergraduates to consider their future in their professional field. Ideally, their prognosis should include the time it will take to build one’s career, the theoretical income of the chosen job, and the possible living situations one will be able...
The Fyre festival in August 2022 is planned as a large-scale event with thousands of guests. As a basis for the program development, the SMART methodology will be applied, which includes setting clear objectives and implementing them in a specific period. Firstly, the style of the festival should be chosen...
Introduction It is impossible to underestimate the importance of strategic compensation plans for present-day companies’ sustainable development. In the case of Starbucks, it covers all aspects related to employee satisfaction and the desire to keep their job. Indeed, monetary awards do not define the presence of the above-mentioned intentions in...
Introduction A leader is a central figure in any organization because their actions determine the vision and motivation for work. Some of the misconceptions about leadership include the idea that one can be born a leader or that intellectual capabilities are the sole and most essential quality that one must...
Introduction The COVID-19 pandemic brings a global display of ethical controversies. The health threats posed by disease outbreaks and epidemics and the accompanying anxiety are associated with multiple economic risks. The severity of the consequences of such a scenario for the global economy will depend on how well the government’s...
Thanks to the development of the media and social networks, people think about what is happening in the media space and express their opinion about it. Discussion of a Facebook post, a tweet, or a video can be complex, or even aggressive because content creators have tackled a controversial topic....
McDonald’s operates in the fast-food industry that is greatly affected by the four I’s of non-market environment. With regards to issues, the organization experiences a myriad of issues that emanate from private and public politics. Health issues have dominated the list of factors that need the proper attention of the...
The Contingency theory and The Path-Goal theory are two ways through which we can evaluate leadership. The Path-Goal theory operates on the assumption that the effectiveness of leadership depends on what the leader does. A leader uses his skills to exercise influence and change the behavior of his subordinates. The...
One of the biggest and wealthiest companies, Apple, has reached unexpected heights with Steve Jobs, being the major moving force of the business. Steve Jobs has left a legacy behind him and now all the attention is on Phil Schiller and if he can take the company in the right...
