11478 samples of this type
Real options refer to the right of the company to perform a certain activity or action at predetermined costs for a specific period. However, It is not an obligation that the company must perform that particular task. With real options, companies can minimize risks associated with new ventures. They can...
Introduction An organization’s success comes from different management aspects, including decent working culture, excellent management, employee satisfaction, quality products and services, and customer satisfaction. The quality of products determines client contentment, and the enhancement of the quality of products and services improves customer satisfaction (TQM Fundamentals, Week 1). There are...
A T-account is an informal term for a financial records’ set that contemplates the International Accounting Standards (IAS) double-entry bookkeeping rule. A T-account is also referred to as the ledger accounts. It describes the bookkeeping entries’ appearances by displaying them on a large letter T drawn on a page. The...
Theory Name Summary Definition Practice Example Application of Gardner’s Tasks Trait Theories The personality traits theory reflects the characteristics of people’s patterns such as feelings, behaviors, and thoughts. It also articulates that certain natural qualities tend to nurture good leaders (Scheffer & Heckhausen, 2018). If individuals are talkative in their...
Introduction Information Communication Technology (ICT) has shaped different aspects of business performance by automating processes to create better and more efficient systems for completing workplace tasks. In this regard, technological use has changed how workplaces are organized and redefined techniques used by employees to complete organizational tasks (McStay, 2020). However,...
Leadership is the act of guiding a group of people based on a certain chain of command. Though there are various management styles or approaches, the choice depends on the work setting (Jin et al., 2017). For instance, the leadership style employed in the army may be different from that...
Introduction I support the statement “you cannot plan to look back”. When one plans for a business or self after retirement, it is all aimed to look forward without ever looking back. The focus is on advancement and preparation for future encounters, especially in the dynamic business world. Economics and...
Introduction The case study is based on the crash of the Costa Concordia in January 2012 off the coast of Tuscany, Italy. The captain of Costa Concordia abandoned the ship before all people were evacuated, and this is against the ethical and moral obligations for their professions (Stakeholders and Corporate...
Leadership Theory Definition Main Concepts Situational leadership A leadership theory that merges both directive and supportive dimensions, which need to be applied correctly in a given situation (Ghazzawi, Shoughari, & Osta, 2017). Situational leadership is based on the relation between the task behavior, listening, support, and value. It claims that...
Introduction Large international corporations require an appropriate organizational structure to perform their overall business functions. A well-designed organizational structure includes a series of central functional departments such as finance, marketing, R&D, production, etc. The system of an organization is determined by the size of the domestic market and the area...
The main criteria for the effectiveness of government procurement are the purchase price and the cost of subsequent ownership. The main task is to buy goods, works, or services of the required quality with minimum spending of budgetary funds. The activity, which consists in the implementation of procurement, is complex...
Examples of management structures include functional division Product division Matrix methods Geographical division International division The importance of organizational structure is that it facilitates teamwork and enhances communication across all levels of organizations ((Dess et al 2004, p.354). Strength and weaknesses of organization’s structure Functional structure The advantages of the...
Introduction In December 2007, the National Labor Relations Board (NLRB) ruled to uphold a policy that prohibited employees from using work-place e-mail systems “for non-job-related solicitations” (Lavin, Dimichele and Wasserstrom, 2008, p. 1). This happened after an employee of the Register-Guard, a newspaper based in Oregon, sought the NLRB’s direction...
Expanding a company to the international market results in increased employment and healthy financial development. For example, Impact Confections Company can diversify its products by selling them outside the USA. Impact Confections Company is a candy-producing organization established in 1981 in Janesville, Wisconsin city, U.S. (Helton, 2019). Warhead candies are...
Introduction Southern Cross Healthcare Group is the largest non-public health care organization in New Zealand, offering a wide range of various health services to clients, including health, travel, and pet insurance, and private hospitals. It also provides multiple working opportunities for numerous employees. Being a world-known organization, Southern Cross Healthcare...
Servant and more traditional leadership differ in their approaches towards growth. Servant leaders are frequently focused on their responsibility and ability to provide service to clients, employees, and colleagues (Tait, 2020). This is especially important in relation to personnel that work directly below the leader as opposed to more general...
Politics and power turn out to be the two significant components that may considerably influence the development of any organization. To present the proper management in any organization, it is crucially essential to unite these different entities. People like to control situations. This is why leaders’ skills should be trained...
Introduction The Social Security Administration (SSA) has unique structural and cultural organization attributes for being both a typical large federal agency and social welfare. While SSA plays a central role in serving millions of people with deserving cases, it has leadership challenges given that it is a top-down bureaucracy and...
In the article, the author provides a significant background in the framework of what actions are to be undertaken while choosing a third-party crematory. She describes the negative consequences that may take place if these actions are not brought into life. The arguments formulated by her are coherent and convincing,...
Name of friend Address of friend Date Dear (name of friend), Hello, I hope this letter finds you well. How are your parents doing? I am writing this letter with great hope that you are fine; everything here is passing by quickly, and the semester is almost gone. It has...
Strategies of vertical integration can have a positive impact on a company’s financial success since it helps to take control over several parts of a revenue chain. In this particular case, Comcast is corporate in the entertainment industry. To achieve such an accomplishment, this enterprise has also implemented methods of...
Job stress has become a growing concern among managers and supervisors in organizations. This is because of the adverse effects on both employees and the company. According to Maslow’s Hierarchy of Needs and Herzberg’s Two-Factor Theory, stress at workplaces is an excellent de-motivator, and every employee reacts differently to work...
Introduction Promoting a new program or implementing a new course of action can be a daunting marketing challenge. Although there are many marketing strategies designed to facilitate such projects management, not all of them are applicable in specific conditions. For example, the situation can be significantly complicated by an enterprise’s...
The sharing of finances in work relations and among relatives was an economic inefficiency that existed before the invention of mobile transfer services in Kenya. Therefore, M-PESA has resolved this challenge by enhancing money circulation. This mobile money service provider offers a safe, secure, and cheap transfer of funds. For...
Every organization requires knowledge management systems to help in storing and retrieving knowledge to improve process alignment, collaboration, and improve understanding of how different systems work. These systems could aid cleaning technicians in retrieving and sharing cleaning knowledge. Additionally, these systems provide a potential source and a competitive advantage because...
Non-sales selling sounds like an oxymoron; however, for the modern world, this approach is basic. In the classic view, sales are about persuading a customer to purchase a product in exchange for material values. In the book To Sell is Human: The Surprising Truth About Moving Others, Daniel Pink emphasizes...
Introduction A stakeholder is any individual interested in the operations of a business or who influences its operation. Large organizations have various stakeholder groups, whereby some are external, while others are internal such as the government and the employees, respectively (Brandt et al., 2018). An organization needs to consider and...
The moral principles of marketing can be described as clearly established ethical norms and rules of conduct of a company on the market, which must be followed by the employee of the organization and for which there are no exceptions. According to Serrat, “social marketing involves changing seemingly intractable behaviors...
In logistics, both costs and value play a significant role in performance management. Managers should understand the total costs and the total value and the difference between them because it is one of the major business challenges (Ruffa, 2008). The value in logistics refers to the customer’s evaluation of the...
Military leadership and civilian business leadership rely on overlapping sets of leadership skills and personal traits. However, the extent of this overlap is currently uncertain, and veterans transitioning to business leadership positions may face challenges translating their existing skills to their new role. Although the primary topic of the research...
Core Value Proposition and Target Market Identification Market Analysis. Lucky Lou’s Rice Pudding is a company that belongs to the grocery foods market, which is enormous, and continues expanding. In the US, the sales in retail and food service amounted to $6.2 trillion in 2019, increasing for ten years successively...
The article by Liz Reyer (2015) addresses the need to build adequate conversations for productive communication through proper preparation and clear articulation of ideas. In her article, the author cites two key theses: to be clear, that is, to avoid ambiguity, and to be transparent, which implies attention to an...
The City Council hearing in Newark, presented by Jacoby and Bourg (2016) as a documentary episode, raises the issues of power abuse by police officers and the facts of unreasonable threats to the population. According to the speakers involved, the major problems concern the breadth of powers of the local...
Cloud-Based Services At the moment, systems based on cloud storage are gaining more and more popularity. Service-based software architectures and technical solutions are being actively explored by various researchers because of their potential prospects for many manufacturing benefits (Kayday et al.). The main advantages of cloud services are the reduced...
Current Organizational (Model) Design and Features Started in 2003 as Tesla Motors, Inc., but became profitable in 2013, Tesla’s organizational model supports continuous growth development, corporate sustainability and profitability over the seasons under the u-form structure. With the function-based strategy, the company has several offices and units that manage both...
Human resources have always been the most valuable ones and hard to optimize out of all resources. However, currently, they are particularly crucial, as large groups of people are working on various creative tasks that are more complicated than ever. Therefore, modern developing society and economics demand specialists capable of...
Any project is associated with uncertainty and risks. Therefore, one of the main project management processes is project risk management, which is present at all stages of its life cycle. A project risk is an uncertain event or condition that, if it occurs, has a positive or negative impact on...
When naming the crucial characteristics of leaders, it is quite common to address the qualities such as initiative, openness to innovations and experience, and the ability to transform people’s attitudes and behaviors. However, the role of careful listening and awareness of personal stories of people that surround leaders is often...
Communication technology has evolved to become a critical part of human life today. By creating new and innovative modes of communication, people can talk over long distances. Such connections have played an important role in developing the world, with a majority of human beings benefiting from them. Communication technology revolutionized...
Objective One To compare stock accuracy between different Eaton sites, it is possible to use various means and information systems such as Data Warehouse, Enterprise Resource Planning, Enterprise System, Expert System, Geographic/Geospatial Information System, Global Information System, and Office Automation. These systems will enable us to add facts to the...
The choice of the most appropriate type of research in marketing is debatable. Some managers prefer a quantitative approach because it helps to gather substantial numerical data. Contrarily, others favor the qualitative method due to its ability to collect non-numeric information, thus allowing them to gain detailed insights concerning the...
Introduction The balanced scorecard is a calculated planning tool and management system that is commonly used in business and industry, state corporations, and not for profit-making organizations universally to bring into line business transactions with the organizational visions and broad strategy. In the recent past, the balanced scorecard has proved...
Introduction for Google Company Google – search engine company. Founded in 1998 by Sergey Brin and Larry Page (Hosch & Mark Hall, 2020). Headquarters in Mountain View, California (Hosch & Mark Hall, 2020). Purpose – to sell new and used cars online; offer auto insurance; IoT and data monetization Google...
The modern world has become much more diverse than ever, and it encourages corporations to create a safe space for diverse collectives. As Law (2016) claims, «diversity in the workplace will increase substantially in the next century» (3). This can be considered as great news because such a tendency increases...
Although managers can serve multiple roles within organizations, their nature can be broadly categorized as decisional, informational, interpersonal, and formal status and authority. The managerial roles in the decisional category focus on handling, sharing, and using information. They include negotiations, resources allocation, handling disturbances, and assuming entrepreneurial activities. As negotiators,...
Addresser Information Addressee’s Name Dear Insert the Name, Today the role of innovation and technological progress continues to grow and influence different spheres of life. I am interested in starting my independent coffee shop business that meets the local expectations and needs. Your company, Amazon, is known as one of...
Introduction In the context of present-day developments, business owners should address a range of details concerning various fields in order to make their enterprise profitable and popular with customers. In addition, they are highly likely to encounter challenges, which are difficult to be found an appropriate solution. Therefore, the purpose...
DATE: April 07, 2021. TO: All Staff. FROM: Denis Smith. SUBJECT: The Planned Increase in the Co-Payment for Prescription Drugs. Dear employees, our company’s critical priority is to ensure a high level of quality while creating a favorable working environment so that each employee can fully realize their professional and...
Executive Summary The concept of sustainability in the present-day world is the defining factor for the financial success of companies in different countries. However, its practical implementation is complicated by the need to include a variety of spheres of influence and address all of the corresponding issues. In this way,...
There are several ways to cultivate and sustain a high-performance culture amongst employees in an organization. The paper will focus on five – shaping a thriving culture, developing leaders in the employees, leaving the employees to find solutions on their own, encouraging them to embrace failures, and demanding accountability (TED,...
Introduction Retailers have tried to compete with the best merchandise but the competition is becoming difficult because in every category of the products there are problems to be encountered. Retailers are using the web- based sourcing and the procurement systems so that they can be able to maintain their image...
Introduction The mission statement of the planned business is as follows: “To prove that taking care of oneself is a privilege not only for women but also for men.” The business that is planned to open is a network of barbershops that will include haircuts for men of all ages....
It can be stated that a particular emphasis should be made on employees if retailers strive for ensuring good service and provision of value to customers. That is to say, clients will evaluate their experience positively if the quality of the product or service is average but customer service is...
General Motors (GM) has set the 2035 target date to phase out gasoline- and diesel-driven vehicles from its showrooms globally. GM is among the first automobile makers to put a timeline on transitioning to a fully electric lineup. As discussed by the CEO, the main goal for GM, as discussed...
The basic types of conflict are goal disagreement, which is characterized by incompatible outcomes, and cognitive differences, which refer to situations where contradictory ideas are proposed. In addition, task clashes are encountered in instances where duties collide, while affective conflicts are experienced when emotional differences are prevalent. Conflicts occur at...
The business environment, as a dynamic and constantly changing sector, is divided into numerous areas and spheres of interest in which distinctive entrepreneurial principles and approaches are promoted to accumulate profit. At the same time, despite high competition and struggle for market positions, certain areas of business are based not...
Introduction Good customer service is everything to a successful business. There is no other sure method proven to get your customers coming back. You could slash prices back or give any kind of incentive but the end product will be that those customers attracted by these services will not last....
Without any doubt, it is challenging to determine whether companies act appropriately in compliance with laws and regulations, and whether they maintain their ethical standards, and coordinate risk management carefully. However, these factors are critical for each organization; thus, it is essential to find ways to assess compliance, ethics, and...
In my opinion, Gallup’s results fit my general expectation of an excellent organizational culture. For instance, the Coca-Cola Company has remained one of the top global firms because of its employees’ efforts and commitment to upholding its unique culture. Organizational culture reflects an organization’s members’ shared values, beliefs, and ideals....
Gurau and Ranchhod in the article “International green marketing: A comparative study of British and Romanian firms,” written in 2005 discussed that the most basic idea in green marketing is to promote one’s product or operation, so that one’s consumers will know that the company and its products are environmentally...
The research on the topic of leadership management is substantial, filled with primary and secondary sources covering the various aspects of theoretical and practical discussions. However, the literature review on the selected question of transferring military leadership traits into a business requires one to consider several areas of the scholarship...
Number of Advertisements and Media Gaming marketers have capitalized on almost all social media and video platforms, including YouTube, Facebook, Instagram, Tiktok, Twitter, LinkedIn, Telegram, and Pinterest. For this research, I viewed five advertisements for each game on YouTube, Facebook, and Instagram for a day. The promotions were similar on...
In the past, I worked as a member of a team aimed at organizing several discussions on business studies. On the whole, our team leader was rather effective; he was always clear and consistent in his statements and actions, showed integrity, and was able to organize an effective flow of...
Introduction Uber, as one of the biggest ride-hailing businesses in the United States, experiences significant financial losses. They are caused by the improper policies of the company with regard to its principal operations. All the emerging issues are conditional upon the fact that it attempts to expand the activity instead...
Colony Nursery and Landscaping Company needs to implement an ERP system since it has been unable to share information between existing systems. The target objective is to increase purchasing metrics within the company. Information silo means a management system that cannot communicate freely with other systems set for communication within...
A marketing plan is essential for marketers and companies in general. Setting sales targets gives employees and employers a common goal, which can ensure greater harmony in the workplace. Additionally, such a strategy facilitates the efficient allocation of resources. For instance, once it is drafted, the company can determine how...
Introduction Tencent is a Chinese multinational company situated in Shenzhen, China. The company is a technological conglomerate and works both domestically and abroad to bring innovation and improvement into people’s lives (Tencent’s Innovation Strategy 2020). Founded in 1998, its influence has significantly spread throughout the world with the popularization of...
In today’s complex healthcare settings, in the increasingly complex healthcare settings, more people recognize the role of leadership in achieving organizational goals (Buckbinder & Shanks, 2012, p. 25). Effective leadership can bring transformative changes and goes hand in hand with ethics since it is based on the values of honesty,...
The study of ethics, also referred to as moral philosophy, is a subdivision of philosophy that tackles and deeply addresses the morality and principles that are put in place in the business workplace. This is the good and the evil, the dos and the don’ts, meant to be observed in...
Effective Communication It is essential to promote the use of effective communication to increase productivity and performance in the workplace. Organizations that have communication issues tend to lag in their performance. Some of the benefits of effective communication include fostering understanding among employees and employers on the expectations of their...
Introduction The present paper discusses three general aspects of Jiranna Healthcare case study. The first part conducts an appraisal of the firm’s financial performance to help Arizona Health Services (AHS) make a purchasing decision. In particular, the first part assesses sales, expenses, profits, efficiency, profitability, liquidity, solvency, and DuPont coefficient...
Introduction Firms are facing increasing competition from small and well-established rivals in domestic and international markets for a perpetually shrinking market. As a consequence, some companies engage in unfair and unethical competitive practices, such as predatory pricing, acquisitions, and aggressive advertising to remain profitable and improve their position (Feltovich, 2019)....
Introduction Several key factors are influencing the strategy and operations of Toyota Motors. These are demographics, culture, socio-economic environment, and consumer attitudes. According to the International Monetary Fund, the Japanese population’s median age is slightly over 48 (Japan, 2020). It means that Japan is the country with the oldest population...
Introduction Occupational health is an area that seeks to ensure the safety, welfare and health of employees in various places of work as they carry out their duties. The health of an individual may be affected due to the work they do. Some injuries of the bone, sprains, cuts or...
Various companies adopt business management approaches in order to stay efficient and thrive in the global market. Maintaining a beneficial relationship with the customers and multiple partners appears to be a remarkable strategy, which allows the organization to restructure the traditional resource management approach. In this work, the concept of...
Introduction The federal republic of Brazil, located in South America, is the largest country in the continent, both in landmass and population size. It ranks as the sixth most populous nation in the world. Being the only Portuguese-speaking country in the continent with a history of the century-long mass migration...
List of The Three Strategic Resources One Cent Apparel possesses strategic resources that will provide quality products at affordable prices to all customer segments. These resources fall under three major categories, including the following: Land: One Cent Apparel owns land in a strategic location, a few kilometers from the city...
Summary This analysis paper’s central core is the assertion that the forced need to stay at home was the deciding factor that brought Apple back to its leadership position in 2020 (Graham, 2020). Jefferson provides numerical data showing its sales growth and notes key marketing milestones related to the release...
“We Are One” is a clothing retailer with seven a product line that includes hoodies, tank tops, and jumpsuits. The brand also sells shorts, joggers, sweatshirts, and short and long sleeve t-shirts. The company has established short and near short term goals for the next one, three, and five years....
Summary Segmentation targeting and positioning are marketing approaches that are used by marketers towards achieving positive outcomes from a certain market depending on the consumer behavior that is characterized by that market. Before comparing these 3 forms it is important first to identify and define each of them in comparison...
Workforce surveys are effective tools to identify the employees’ current perceptions of management and their attitudes to the organization. Nevertheless, senior managers often discuss surveys in the context of many challenges and misunderstandings. Therefore, it is possible to identify benefits of employee surveys and discuss managers’ fears. Benefits of Workforce...
The business arena continues to get more competitive by the day. As a result, business organizations seek ways of using existing strategies to better their performance while at the same time devising new mechanisms to enhance their profitability. The emergence of private label brands is a case in point. Their...
Organizations must learn to adapt and try to fit in with components within the external environment for them to be successful. This environment comprises of components that are beyond the control of organizations. Organizations can be broken down into four main categories. They include; Private, Public, Profit and Not-for profit...
Introduction Companies are frequently looking for sources of competitive advantage that can drive their revenue upwards. One way in which this can be achieved is through social networking as the latter phenomenon can offer them ways of simplifying their business models while at the same time connect them with their...
In order to analyse the potential benefits of organisational resilience, there is a need to briefly overview the company, focusing primarily on its latest activities. Subsea Technology and Rentals was originally established in Scotland but has since grown to an international technology corporation that specialises in sales and rental services...
In July 2005, after hiring a new superintendent in June 2004, the Little Rock School District (LRSD), Arkansas’s largest school district, began the organization of its management structure. This process was initiated by perceived inefficiencies connected with school bureaucracy and inadequate yearly progress of a considerable number of schools in...
Steven Jobs Tim Cook One of the most striking leadership changes was the replacement of Steve Jobs as CEO of Apple by Tim Cook in 2011. After Jobs’ death, Apple was in crisis, and its stock was rapidly losing value. Cook was able to remedy the situation by maintaining a...
Introduction Marketing plays an essential role in every business, irrespective of its size, specialty, and others. An adequate marketing strategy allows companies to reach targeted customers to achieve prosperity and economic benefits. That is why every firm should take significant efforts to implement an effective marketing strategy to achieve these...
Supply chain management (SCM) entails the planning and management of every activity involving sourcing and procurement, conversion and all logistics management activity (Rajeev et al. 299). SCM encompasses a broader scope within the organization, which also looks at the coordination and collaboration with other stakeholders within the supply chain (Rajeev...
It goes without saying that employees’ cooperation and the contribution of all team members in a project are highly important for its successful completion. However, the company’s manager may face considerable resistance to any changes from his or her subordinates – even if changes are beneficial (Robbins et al., 2018)....
Introduction Marketing is an effective practice intended to support organizational profitability and performance. The purpose of this report is to describe the strategies FreshDirect needs to consider before investing in a foreign country. This company currently operates in different regions across the United States where it provides online grocery services....
Introduction The management team in any organization has to factor organizational leadership in their business strategy to promote business growth, workers’ motivation, and operational efficiency. Corporate leaders typically focus on achieving strategic goals by enhancing teamwork spirit among workers, which fosters productivity and growth. The complex-adaptive leadership model refers to...
Debts as a source of operating funds can be from within or outside the company specifically individual borrowings or banks. Equity on the other hand a source of funding that results from sale of securities (shares/stocks). In determining the company progress the ratio of debt to equity as source of...
The present-day is often called “The Information Age,” but not everyone understands the reason behind it. People are generally aware of the ever-increasing opportunities to find knowledge, share experience, and obtain competence, but the information goes even deeper. To truly excel in most entrepreneurial undertakings, one must be aware of...
Carefully considered sports sponsorships can be a successful method to advertise a new brand. Nonetheless, an organization should pick who to sponsor cautiously and weigh numerous factors prior to sponsorship arrangement. Sponsorships, when executed without thinking about the person’s background, can destroy the firm’s image. The three companies, Nike, Red...
One of the most difficult and expensive tasks that any business owner faces is finding new customers or retaining old ones. Many companies dedicate different parts of their marketing department on one of these functions. To retain customers that companies already have relationship marketing is used to attract repeat business...
Building a strong relationship with key stakeholders is the main task of any nonprofit since this is the process that contributes to the capacity of achieving the overall organizational mission and particular goals. In their article, Guo and Saxton (2014) explore how nonprofits organizations utilize social media platforms to pursue...
Introduction Organizations review the market to identify various forms of business that they can adopt. The organizational form is directly related to various business-related functions and issues (Padgett & Powell, 2012). It should be noted that there are seven key categories of business characteristics. The key categories of characteristics include...
Introduction The approaches to the development and execution of strategic plans are closely examined by many business administrators and scholars. This paper is aimed at discussing the issues that should be considered by a person when implementing a strategy. In this context, this notion can be described as the identification...
First of all, it is essential to explain what is meant by a management type. By management type or organizational structure is understood as a system that defines a hierarchy in an organization. It demonstrates each position, its function, and to whom it reports (Friend, 2019). Establishing a clear organizational...
Introduction Risk Management is one of the greatest concerns of multi-nationals and businesses which is a practice that involves the processes of identifying, assessing and prioritizing risks within the business and/or corporation. After these processes, the concept then requires that resources are coordinated and applied to the results obtained from...
Background and context of the situation The current problem of Tillerman’s Tea is to find the best possible product mix for its new location in India and reduce production costs. Tillerman has to know how much tea he will be for a New Delhi Blend. Traffic managers attempt to reduce...
Abstract Communication is an integral part of human life, including the field of business. Communication in an organization is an essential type of business relationship with other people, which performs several functions. In business communication, people use verbal and non-verbal means, which is also of great importance. Today, in the...
Introduction Statistics is a mathematical representation of analyzed data. This method can be applied in almost all areas to explore past, present, and future performance. Statistical data can compare and contrast records that may be used for a specific future event. Collected material can predict the likely happening of a...
COVID-19 struck the world, and companies all over the continent had to send their employees to work from home. It was a bit hectic for the employers since they had to make sure all employees get the tools needed to work with from home. Remote communication technology instantly became a...
Technology has played a significant role in elevating entrepreneurship globally. Innovative ideas have been diverse to fit the digital world in business and market systems. Products have been improved through technology; hence, encouraging competition in the market. When the quality of products advances through innovation, their value increases, enabling them...
The last year has been a challenging time for most people as it was severely altered by the widespread pandemic, impacting society’s health and taking the lives of millions of people. The coronavirus has considerably “enhanced stress, anxiety” and fostered many related mental illnesses caused by prolonged social isolation (Pfefferbaum...
Moving to another country is a common activity these days, so many people choose to work in another country quite easily. The self-initiated expatriate is a person “who undertakes his international work experience with little or no organizational sponsorship” (Andresen et al., 2012, p. 11). Such employees, unlike assigned expatriates,...
Innovation has traditionally been in and out of fashion but is still defined as the most significant route for organizations to quicken the pace of progress. However, the globalization erodes the topographical boundaries and market barriers that once prevented organizations from understanding their hidden capabilities. Therefore, an organization’s ability to...
Introduction The greatest investment that a business can make for success is an investment in the workforce, which is why HR management is an important part of business plans. This business plan document discusses the workforce-related plans of All Colors of the Rainbow – a newly-established organization to support financially...
Introduction Standard Employment Relationship (SER) involves the relationship between employers and employees and can influence employment nature. SER has also been used to ensure that workers can work full-time and enjoy extensive statutory benefits and entitlements. Many companies in different countries have used SER to guarantee that laborers and owners...
Introduction Glocalization is a concept that reflects the basic idea of transition from globalization to localization and integration of these practices. In other words, glocalization implies that businesses, NGO’s, or governments place great importance on how global products or practices fit into the local context. This paper aims to analyze...
Management strategies Functional strategies Functional logistics strategies are determined specifically by the arrangement of the services that have been delivered. During this procedure, the technical, legal, as well as economic parameters, must be taken into account at all times. Functional strategies draw around the effect of over bending the business...
Evaluating the efficacy with which the financial needs of an organization are met is a crucial part of any business experience. However, the opinions concerning the frequency of the said assessments may vary. Currently, it is believed that the first year requires monthly evaluations, whereas the next few years of...
In case an association can effectively integrate new workers, they become confident with their ability to perform, feeling acknowledgement by their colleagues. This leads to more successful new employees who perform better and have higher occupation fulfillment, loyalty to the organization, and longer stay in the organization (Bauer & Erdogan,...
The effective functioning of any company depends on management practices used to ensure the desired outcomes and attain specific goals. It is vital to create an environment motivating workers to engage in various processes and contribute to the evolution of the company. Designing a productive and satisfying job is a...
Abstract Wobbly Wheels Distribution Company (WW) is a transport and distribution company that aims at increasing current revenue through incorporation of the IT organization. This paper discusses part one of ITSP development that involves description of the business, current economic climate, and financial goals. In addition, the paper discusses the...
Strategic management for corporations refers to the ability to schedule a firm’s operations at the optimum and feasible level possible. Its emphasis is on building a firm underlying foundation in which a business will consequently base its activities by employing the combined efforts and contributions of the manpower and other...
Introduction Customer focus remains one of the core values of many companies in the service industry. It involves determining and evaluating the needs of a company’s customers. In determining and evaluating these needs, most companies focus on their products or services, the quality of these products or services as well...
The dilemma of payment decisions adoption has long been the subject for research. Scholars have long aimed to find out which strategy is more effective for employee motivation and achieving competitive advantages by companies. In the following essay, the “best practices” strategy will be evaluated against the “best fit” strategy....
Introduction The process of recruiting can define the success of an entire facility. To improve the results of the efforts of an organization, companies have introduced numerous methods that help them with obtaining an optimal candidate for a job. Depending on the focus of a company’s recruitment of staff, there...
Situation You have just been hired by Yummy Juicy, a national corporation that sells organic juices at most major retail stores. You have been hired as the West Coast Distribution Manager. After about five weeks on the job, you get the following email: Sir/Ma’am, You are hurting this company. You...
The purpose of this proposal is to instruct the employees in order to increase their performance in the organization. There are several delivery methods for development programs, the most popular of which is instructor-led training (Lacerenza et al., 2017). It is best for creating an overall understanding of the raised...
Introduction Maintaining and developing a network of valuable contacts is a vital skill and duty in almost every industry, and is critically important in any business which relies on interprofessional connections to function at the top of its efficiency. The importance of such connections is progressively recognized more and more...
Ethical business conduct is a topic of dramatic importance, given the constant news about immoral behaviors by both large and small businesses. As such, the recent developments in the field of corporate ethics and citizenship are promising, though the field is still far from achieving its intended objectives. Well-defined criteria...
The external analysis, also known as environmental analysis, is a process through which companies objectively evaluate changes that might influence their current operations to their industries and the wider world. Companies do this to make sure they can adapt and succeed in a drive in the context of changes. The...
The changing nature of the global workforce is incontestable and demands exceptional skills to adapt and compete. Unlike in the previous decade, many professionals today appreciate the need to leverage the power of soft skills in the contemporary multicultural global workspace. Exceptional communication abilities, people management, problem-solving, work ethics, teamwork,...
Nowadays corporate structures, such as companies, exclude sole practitioners and partners from the architectural market. We live in a highly competitive society, and old forms of unions are not as effective today, as they were before. Though the definition of a partnership sounds optimistic enough and tells that it “is...
The significance of embracing diversity within an organization remains a contentious topic, with people holding dissenting views on whether it is a threat or a strength. Despite such a disconnect between proponents and opponents, corporations are gradually moving toward an overt acknowledgment of diverse teams within their structures (Danbold &...
The review and ranking of the peers’ grant proposals are conducted based on their compliance with the standards of grant proposal writing, their informativity, adherence to the assignment requirements, structuring with all necessary sections present, and the project justification narrative. The following is the ranking of the reviewed grant proposal,...
Introduction Online stores are a significant element of the modern economy. These businesses account for an essential market share because they provide millions of customers with the ability to purchase products via the Internet. Currently, Amazon is one of the most successful representatives in this field internationally. For example, in...
Introduction Internationalisation of companies has been rampant over the years with firms seeking to enlarge their client base with focus on foreign markets. In addition, firms have been seeking to promote their market performance as the need to outsource grips markets. Internationalisation adopts two forms namely downstream internationalisation and upstream...
The case under consideration represents a bright and almost “academic” example of a crucial lack of cross-cultural communications, motivation, and management skills in the company’s top leaders. Nomura Securities International (NSI) is Japan’s‘ giant,’ with a kind of superiority complex due to sound success in the past but not adapted...
Differentiation Differentiation strategy is a set of actions that are structured by a company to deliver unique services and goods at an acceptable cost. The customers see as if something different has been done to guarantee satisfaction (Baker, 2001). According to Fred Smith, the founding director of the FedEx, the...
The financial supply chain refers to the process of monetary transactions which traverse from one trading partner to the other to aid the provision of goods and services. According to the video by Tichenor (0-3 minute), cash flow within the casino is an intricate process beginning with the gamblers placing...
Overview of the case Drug addiction is an undesired incident in any given work environment. For a company to deal with incidences of drug abuse and related incidences in the work environment, a clear policy on drug abuse should be established. In the case of Accessory Plus Incorporated, the issue...
Introduction Resource allocation is imperative for turning inputs into outputs. Still, it is paramount to focus on particular strategies and procedures used for estimating the effectiveness of resource allocation and utilization generally referred to as analytical techniques for resource allocation (Longest & Darr, 2014). Some useful strategies are critical path...
Employees are the most precious assets any firm can have, given their contribution to the success of firms. Employees literally hold a firm in their hands because they run its day-to-day activities. In this regard, every firm should ensure that its employees are fully satisfied in order to get maximum...
Abstract This paper discusses a company that purchases houses, repairs them, and resells them at a higher price afterward to make profits. It is in need of a model that can predict several essential characteristics of a house, most importantly the repair cost and the profit that can be made...
Recently, society has been observing military people’s tendency to transition into entrepreneurs, and this phenomenon becomes increasingly popular annually. Evidently, military leadership skills and traits are applicable in the world of business today as they are in personal life. The hypothetical conclusion is that military personnel can succeed in the...
Good will non-impairment describes the absence of goodwill impairment losses when they are expected. While a new enactment was instituted to govern goodwill amortization, experts were worried that companies would use this opportunity to manipulate their earnings. With the formulation of three working papers, the presence of good will non-impairment...
Currently, global society experiences a significant rise in environmental concerns. Surveys demonstrate that up to 77% percent are concerned with the damage human activity deals to the Earth (Lampert, 2020). Many people in the US and abroad care about how the products they consume affect the environment during production and...
Code of Ethics Our business’s success depends on the confidence of our customers, partners, and employees in our credibility. Credibility in our case can be ensured by satisfying customer needs, treating all people with respect, and benefiting the community. We can achieve these goals only with our workers who strive...
This paper will focus on the analysis of Hawthorne Corporation Management Group, being a senior analyst of this company I will deal with the development of a sustainable program that will promote and increase the sales of the company. Since I will be working in the chemical plants department, I...
A brand is a logo, mark, symbol, name, etc. that creates point of difference amongst various organizations in the market place. I believe that it gives a product or service the expression that differentiates it from other brands seeking to satisfy similar needs. Therefore, branding is the process of using...
Sponsorship is crucial to most kinds of sport, which is why it is essential to retain key sponsors. However, sometimes sponsorships are not renewed, leaving athletes and their teams distraught. By considering the main reasons behind sponsors’ rejections for providing funding for sportsmen, strategies for avoiding these scenarios in the...
Shell: Controversy and Criticism Controversy and criticism regarding Shell’s operations in Nigeria became the public’s response to the company’s actions toward addressing or non-addressing the interests of the Ogoni people located near the Niger Delta. Economic and environmental issues associated with the activities of Shell in this region provoked the...
McCallum makes the case that business schools are currently too focused on leadership to the exclusion of its counterpart. They aim to attract ambitious applicants who are hoping that by developing their leadership ability, they will be recognized and eventually reach an executive position. To that end, schools are making...
Innovativeness has become a crucial factor contributing to the firm’s success, and several factors enable it. First of all, innovations are promoted by knowledge and information, which have become a resource of vital importance (Nair et al., 2016). Indeed, today’s science and technology experience unprecedented development rates. The second factor...
The current Part I, II, and III discuss Chipotle’s marketing expenses, proposed organizational structure, and strengths and weaknesses respectively. The new pieces of analysis draw on the previous research carried out to understand Chipotle’s standing on the market. For Part I (marketing expenses), it was important to identify the company’s...
