Working Capital Fundamentals of Management Accounting

Introduction Working capital is really important for any kind of business organization. It is known as life blood of any firm. Khan and Jain (2007) purports that an industry needs working capital to operate its organizational activities Cost-Volume-Profit Analysis is necessary to make industry stable for the future. It is...

Thai-Lay Fashion Company Ltd.: Managing Resources

Thai-Lay Fashion Company Ltd. The Thai-Lay Fashion Company Ltd. started in 1991 is a garment manufacturing company situated in Hong Kong. It is a medium-sized company with an annual turnover of HK$ 10 million and employees nearly 200 people. It has locations in two places and has a capacity to...

Team Dynamics. Team’s Structure and Roles of It Members

A team is an important unit of the organizational structure of any company. Only people united around a certain task and possessing considerable theoretical and practical skills for its accomplishment can lead the organization to success in whatever field it operates in. Accordingly, teams themselves have a certain structure and...

Norton’s Declining and Poor Performance Behaviors

Introduction Poor performance behaviour is situation rather than personality driven. People normally portrayed negative behaviour in a work that they don’t use outside the work environment. Poor performance is a learned behaviour and hence it can be avoided. Poor performance is the reactions essential to external forces that drive individual...

Garment Trading Company: Motivational Climate and Its Improvement

Executive Summary Current research paper deals with analysis of motivational climate in Garment Trading Company. Using well-elaborated methodology and up-to-date research of employees’ motivation, the survey is designed to determine the level of employees’ motivation in this company. The analysis is done with respect to seven motivational factors including general...

Oxfam International: Company Activities

Introduction Oxfam International has started its pace since 1942 as a charity. This paper focused different area of Oxfam’s marketing. How Oxfam apply exchange process in order to operate its marketing, as a charity unique criteria of a service, application of marketing mix for services, list of publics both for...

Global Challenges Facing Organizations

Introduction In their operations, it is common for organizations to face various challenges that are often an obstacle in the operations of the organizations. Likewise, the United Nations, Imperial Tobacco, HSBC and Norwich Union have faced global challenges that have necessitated action to overcome them. The report herein looks at...

Entrepreneur’s Harvest Goals and Their Achievement

Introduction If an entrepreneur was asked why he set up his business in the first place, the inevitable reply would be to build up the company to great heights and manage it so that he may ultimately leave it to his children. The purpose of course would be to gain...

The Economic Impact of Counterfeiting in Hong Kong

Executive Summary The nemesis of piracy or counterfeiting is a major product of criminal activities in today’s world. With criminal activities on the rise, it is seen that counterfeiting has made deep forays in the world and is a fully-fledged industry in itself. Counterfeiting harms the original products as well...

Reframing Organizations & Educational Institutions

Case Description Last year, our school faced a challenge familiar to many educational institutions: how to develop a more consistent approach to discipline from classroom to classroom and in common school areas, such as hallways, cafeteria, and playground. Our school community, with the support of the administration, identified the need...

Staff Relocation: The Strategies That Will Ensure the Project Succeeds

The project is intended to relocate the company headquarters from the current position to the new proposed location which is 73 miles away. The new building will have two new departments that will be incorporated into the existing departments. In the project, the main area of study is to analyze...

Incentive Programs in Increasing Sales Efficacy

The manager of a large retail store shoe department setup a new sale incentive program for a 3month period as a way of increasing employee motivation, morale, and boosting sales. At the end of the 3month period, sales results showed the department sales group had failed to meet their sales...

Impact of High Labour Turnover on the Hotel Industry

Aims and Key Questions Industrial revolution brought with it a paradigm shift in the type of industries and increasing focus on service industry. Hospitality sector saw a great boost and a lot of action since the need for such services increased. Now with the spread of industrialisation and growth in...

Talyllyn Railway Company’s Supply Chain Management

The Problem The Talyllyn Railway in Wales is an example of a once-successful tourist-oriented enterprise that contends with the challenge of the modern and more competitive tourist market. As the tourism industry grows, people are drawn to resorts and fun places that offer a novel experience and pleasure such that...

British Petroleum Company’s Marketing Plan

Introduction British Petroleum – BP ranks third among the worlds largest producer of ol and natural gas. The organisation is among the top 6 energy sector companies and is active in the oil and gas exploration, petroleum products refining and marketing and non conventional energy systems. For the year ending...

Queen Margaret University’s Plan for Korean Students

Executive Summary and Introduction Queen Margaret University (QMU) was formed in 1875 to bolster and promote high-quality education to the residents of United Kingdom and the entire world. The university’s recent expansion and collaboration is a result of high-quality education service that the university offers. Introduction This report will focus...

Corporate Bonds and Government Bonds

Abstract The role of the corporate and government debt market in the form of bonds in a country’s economic development can not be undermined, as it is an important channel that links the savings of the society into the investment opportunities. The importance of the corporate and government bonds can...

New Co.’s Job Evaluation and Pay System Recommendations

Terms of Reference/ Memo This is a task to audit the job evaluation system for New Co., which started five years ago as a small family business manufacturing and distributing high-tech components. In the manufacturing section, this company has two thousand (2000) employees and about thirty (30) engineers in administration...

Applied Management: Developing Leadership Skills

Introduction Leadership development refers to any activity that enhances the quality of leadership within an individual or organization.Successful management requires more than just assigning tasks to the employees to perform. It calls for a leader who can inspire its members to achieve their full potential. To successfully develop leadership skills...

Job Design Around Groups

For any organization to have high levels of efficiency, it is very important to organize any job in an organization around the groups since it has very many advantages rather than giving a job to an individual. Some of the reasons that justify this are that the group members of...

Managerial Approach to Marketing Communication

Introduction In the recent times, businesses have become aware of the need to be close to their customers. Due to the increasing competition on earth, there has been increased need for companies to become more responsive to the need of the customers. There has been change in production and the...

Contribution to Christian and Business Leadership

Introduction Leadership is an important factor for the success of any organization regardless of whether it is formed for profit, service or charitable purposes. It also does not matter whether an organization is owned by the government or by individuals. Due to this fact, the concept of leadership has been...

Human Resource Management Employment Law

Introduction As a human resource manager of a large firm, after analyzing the situation of my employee’s disability or injury or illness at the workplace, according to the law, I would entitle him or her to receive medical or disability-related leave under two federal laws: the Americans with Disabilities Act...

Vigilante Marketing, Blogs and Counter Blog Marketing

Traditional advertising practices have undergone considerable changes with the emerging trends in technology and media. Advertising today has moved beyond the notion of corporate generated one-to-many dissemination of marketing messages and has taken the form of direct communication with the consumers with increased consumer involvement in the creation of marketing...

Unionism for Labor Management

Unionism is the idea of forming labor union or trade union, which is the organization or an association of workers, recognized and certified by labor board and have come together to achieve common goals in collective, rather than individual bargaining with the management on key issues such as wages, working...

Leadership in Organization: Theories and Practices

Introduction Leadership is a process of persuasion. Leaders persuade others to pursue objectives held by the leader. Thus, the primary focus of leadership is on human interaction. Leadership is ethically neutral. There are good leaders and bad ones. Great leaders have the gift for inspiring and motivating people; they have...

Digital Equipment, Scotland: The VLSI Story

Introduction Memo : The intention of this report is to update the Managing Director of VLSI about the managerial attitudes to a structural change of recent organisational development and addresses how the management team would to coup with the proposed change to improve communications and maximise operating efficiencies throughout the...

Human Resource Stategy: BHP Billiton Case

Introduction Background of the study Strategy has gone from being the hot management buzzword of the 1980s and 1990s to the care of how organizations think as we enter the 21st country. Today, everything is supposed to be strategic. This includes business in general, management, human resource etc (Mintzberg, 1998)...

Pallas Electronics Company’s People Resourcing

Introduction Pallas Electronics is believed to be one of the largest companies in the United Kingdom. It indulged in the manufacturing of electronic equipment for telecommunication industries. Research indicates that the company carried out its organisation in a traditional manner. Its five departments included the department of production, the department...

British Airways Holiday Package

Executive summary British Airways is one of the largest airlines companies in Europe and around the world. Along with Lufthansa they dominate the market within Europe, but also from Europe to Middle East and North America (Golden 2007). Despite worldwide financial problems, the British Airways position is that of a...

Conflict Management: Term Definition

Introduction It is stated, that any conflict is the engine of progress, however, conflict management skills are essential for any life activity. It is necessary to mention, that there are various styles of conflict management, however, the management process mainly depends on personal experience. Originally, the styles, that offer the...

Bertelsmann AG: The Way to Success

Introduction Bertelsmann AG is a corporation that is based in Germany and was founded in 1835. It conducts its business in almost 63 countries as of the end of the year 2007 and has 102, 397 employees. The company primarily serves and markets media as it is included in the...

Eastern Michigan University: American Humanics Program

Introduction The world economic conditions have undergone dynamic changes connected with globalization and technological transformations resulting in social and political instability. American Humanics was established for the purpose of meeting certain major issues in the nonprofit sector and to provide strong management and leadership. In EMU there is the nonprofit...

The Risk Assessment of Opening Up the Branch

The experience of writing a risk identification and management report for a company to set its branch in the Democratic Republic of Congo (DRC) has made me learn many new aspects about effective researching and report preparation. It has become a valuable aid in satisfying my desire to traverse through...

Olive Garden Restaurant Chain

Introduction Olive Garden is an untailored restaurant chain mainly situated in America and Canada and concentrates entirely on Italian-American meals. They take themselves as a family with worldwide brilliant meals in an ancient set up and practice thereby making them unique in their product offering and their culture. The restaurants...

Online Shopping and eBay Phenomenon

BEBay auction was founded in September, 1995 and is the world Internet auction for the sale of goods and services. As of March 2006, the number of eBay registered users worldwide is about 193 million. People spend more at eBay auctions than on any other site which makes it the...

Complex Supply Chain Networks and Drivers

Introduction The success of complex supply chain networks existing between business units greatly depends on proper communication and managerial support. In every business operation, there involves supply chain network of suppliers, manufacturers, distributors and demand markets. “A supply chain network economy describes the environment (competitive and cooperative, in parts) of...

Entrepreneurial Managers vs. Administrators

Outline The differences between the focus areas of entrepreneurial managers and administrators are the subject matter of this paper. It is seen that while entrepreneurs are the fund providers and risk bearers, administrators are concerned with assigning work and eliciting performance. Fundamentally the differences lie in risk bearing and conflict...

Shortage of Skilled Workers in Middle East Construction Industry

Introduction In recent times, the construction industry in the Middle East has been facing the risk of rising labour cost and labour shortages, which in turn is squeezing up the smaller contractors. It has primarily been driven by an elevated liquidity environment because of high petroleum revenue, the government’s idea...

Fundamentals of Management Accounting

Introduction It is vital to realize that the accountant has so far been using the full costing traditional method that has been in use for a long time. To ensure that my friend understands what full costing means, it is all costs involved with achieving some objectives. More precisely in...

Odyssey Isle: Analyzing Pricing Strategies

Case study of Odyssey Isle From the Odyssey Isle’s point of view it could be said that the maximum number of stalls visited by a customer, who could be profitable at current pricing rates, would be seven, since, beyond this number, the marginal costs are greater than marginal revenues, and...

An Administrator’s Role in a Firm

Introduction The topics covered under week 4 were extremely useful and informative especially for a person who is an entrepreneur in real life. As managing director or Thai Lay fashion Company Ltd, almost all of what has been learnt this week has many practical applications for me. The two main...

Managing Diversity: Managing Employees in Modern Organizations

Business success is achieved through a working implementation of a multi-dimensional stratagem that will harness the efficiencies of the entirety of an organization’s facets. Organizational fronts have to work together in synergy towards the accomplishment of shared and declared goals. Many organizations that have downplayed the importance of prioritizing diversity...

What Is the Psychological Contract?

Introduction Kotter (1973) defines the psychological contract as “an implicit contract between an individual and his organization which specifies what each expects to give and receive from each other in their relationship”. Schein (1980) described it as “a set of unwritten reciprocal expectations between an individual employee and the organization”....

Bata India Ltd.: Management Accounting Analysis

Introduction Management is the combination of planning, organizing, directing and motivating, performance evaluation and controlling. The accounting is the Process of identifying, measuring, accumulating, analyzing, preparing, interpreting, and communicating information to meet the needs of the intended audience (Melse, 2006). Management accounting is the process of the preparation of financial...

Hobbes on the Account of the State of Nature

The focal point of the paper is to present an argument that would analyze and evaluate whether Hobbes’s account of the state of nature and the social contract provides a convincing justification for political authority. Thomas Hobbes is regarded as the philosopher of modern times who instrumented the theory of...

Godrej Interior and Haworth Firms’ Product Strategies

Introduction Modern-day business environment is ever more challenging and complex. Dramatic shifts are constantly altering the business landscape. In today’s fast-paced markets, business organizations are required to constantly revitalize themselves for long-lasting success. Unlike the conventional business environment, modern firms’ focal point is on the construction of successful strategies that...

The Accounting Profession and Ethics: Analysis

Ethics in an organization is observed when the rules and regulations that govern the operations of the organization are effectively followed. The accounting profession should adhere to ethics because people rely on that information to make decisions on whether to invest in the company or not and therefore reports should...

Asset Retirement Obligations: Analysis of the Statement of Financial Accounting Standards 143

Introduction Asset retirement obligations imply liabilities to meet out the potential adverse effects on decommissioning and dismantling of long-lived assets upon the retirement of such assets. Such retirements may be at the end of the useful life of the asset or earlier following some contractual obligations. For example, in the...

General Electric Supply Chain and Its Competitors

Introduction GE side-by-side refrigerators is stated at Monterey (Mexico), than goods are shipped by truck to Pegasus (the USA) and delivered to distribution center. At this stage, GE has numerous competitors such as Siemens AG and Bosch. Both of these companies create effective supply chains outsourced abroad. Similar to GE...

Project Management Office Analysis

Executive Summary The Heavy-dependence of ICT around the world is forcing organisations to improve their management processes. The most popular method of smoothening then management process is Project Management Office; it helps in reducing delivery time for projects, increase efficiency in organisations and improve industrial relations when companies keep in...

Oriental Organic Garments Company’s Marketing Plan

Executive Summary The Oriental Organic Garments is a garment manufacturing company in London. It is engaged in production of garments from 100% organically grown cotton. For exploiting the increasing trend of organic cotton garments among the consumer segments in UK, the company aims to follow appropriate marketing and financial strategies....

ABC Company: Cash Flow Performance

Executive Summary As on jan1, 2007 ABC had paid up capital of $100m and $10m as retained earnings. ABC planned well and enhanced the total equity to a level of $190m by the end of Dec. 31, 2007. The company raised capital during the year as well as operational profits...

Thai-Lay Fashion Company: Barriers to Communication

Thai-Lay Fashion Company is a small-sized company, carried on garment manufacturing and trading business. Their headquarter is situated in Hong Kong with around 20 staff in Hong Kong and 200 staff in China. Their products are exporting mainly to Europe. Communication Barriers at the organization level Communications in business terms...

Employee Behavior: Consequences and Motivation

Motivation is normally defined as a force that drives a person towards a goal. In the world of business, motivation is to drive the employee towards enhanced productivity by exploiting the abilities to the maximum potential, by improving the job performance. It becomes self-explanatory that it is the job of...

Implications of Educational Attainment on Stress Level in Job

The aim of the study is to ascertain the implication of occupational status, gender, and self-concept on levels of job-related stress. The demographic to be surveyed are bank workers in Lagos state. Three hypotheses, out of which the third suffices the topic in discussion, were used and relevant data analysis...

Accounting and Financial Processes in an Organization

Abstract Accounting and Finance is a very important function of any business either for profit-making or for non-profit making institutions. It provides an avenue where a business analyses its operations in terms of what they own, what comes, and what goes out. Butt(2008) defines accounting as ” a service activity...

29 Leadership Secrets from Jack Welch

The concept of visionary leadership Principle 1: Utilize organizational change to maximize operational effectiveness. Principle 2: Make sure that your chosen leadership style corresponds to objective reality. Principle 3: Never think of process of management as such has to value in itself. Principle 4: Never embark on designing leadership methods,...

Employee Motivation: Rewards, Goals, Empowerment

Introduction Motivation is the process where the internal needs of an individual are met through actions and behaviors. The enhancement of employees’ motivation proves to be one of the challenging tasks of any management. It is through motivation that a company can easily meet its objectives by improving the performance...

Nintendo: Market Analysis

The Environmental analysis The improvement of technology has been the cornerstone of the video game industry. The market forces demanded an innovative approach to enable an organization to remain on top of the pack. An advance in the technological advantage of any company led to the death of all other...

Ethics in Target Marketing

Introduction Target marketing is a practice that is resorted to by many organizations in the world today. This is the case with privately owned corporations as well as government and not for profit organizations (for example education). The immigration laws of many advanced economies have resulted in large scale presence...

Balanced Scorecards for Performance Measurement Systems

Introduction The use of balanced score cards as an approach in the strategic planning process of management has developed over time among other statistical approaches. It particularly fuses financial and non-financial measure s of performance in a single scorecard yielding a holistic snapshot view of business performance entailing business processes,...

Thai-Lay Fashion Company Ltd.’s Financial Management

Introduction All organizations invest in items like land machinery and other assets as a part of conducting business and for further expansion and increasing profitability and efficiency. The process of deciding which asset to buy or whether to buy it or not is usually referred to as capital investment decisions....

Accounting Ethics. IMA Standards and Support

Stakeholder’s position United Thermostatic Controls is engaged in the manufacturing and marketing of residential and commercial thermostats. Appliance efficiency averages establish lower power levels for appliances and may forbid the sale of less effective models. More severe appliance efficiency standards would make power efficiency developments less costly by implement new...

Organisational Culture Influence on Employee Engagement

Abstract Most of the organizations have their unique ways of distinguishing themselves from the rest as Brown (2002) states. They have an organisation culture that helps in the development of their organisation. These organisation cultures benefits the employees and the company itself (brown, 2002). Some of them are meant to...

Management Principles in Organization

Introduction A company or an organization usually is concerned with connecting many operations to meet particular objectives or a number of them. Hence employing many or a number of employees by an organization or organizations would be justifiable considering that each employee would be expected to concentrate on particular jobs...

Personal Leadership Development in an Organization

Introduction Leadership is one of the most important concepts in organizational behavior study because it determines the main approaches of management and performance. There are numerous theories of leadership which describe the process of leading, controlling and motivating others. Each theory has its unique value as it describes personal qualities...

Strategic Planning: Research and Development

Introduction Successful marketing requires recognition and authority at the top decision-making level. Marketing programs must be carefully planned and based not merely on knowledge of internal corporate affairs, but also on knowledge of external environments. A homeostatic point of equilibrium between customer wants and needs, is called for on the...

Thai-Lay Fashion Company’s Operations Management

Executive Summary Operations management is an essential function of any organization irrespective of size and motive. All organizations do some or all of the requirements of operations management, even if there is no separate staff or department for this purpose. This paper reviews operations management in business with reference to...

Due Diligence and Evaluation of New Ventures

Introduction Every week has been a new learning experience for me regarding the start-up of new ventures. A lot of knowledge about the importance of proper venture funding, the types of venture funds and sources available, team building etc have been learnt in the previous weeks. This week also, the...

Business Scope in Global Logistics

Global logistics refers to the handling and management of the physical transportation of goods from one place globally. The process involves careful planning, costly infrastructure, and implementation of efficient technology; and involves more than one form of transport for the physical transfer of goods from the ‘point of origin’ to...

Nuts!: Southwest Airlines’ Business Success

The book “Nuts!” Southwest Airlines’ proposes a unique history of one of the most successful American airlines, Southwest Airlines. The book consists of four parts divided on separate chapters. Each chapter is devoted to a certain stage of economic and organizational development of the company. The aim of the book...

The Problems in Managing Employees in Modern Organizations

Briefing paper background Organizational Theory and studies focus on the systematic explorations of; and analysis of how people as individuals and as groups function within organizational operational frameworks. Robbins, Stephen P. adds that “In this view Human resource management is thus viewed as a strategic and coherent approach to the...

American Express. Customer Service Operations and Excellence

The need for strategy change for American express From the case study, American express had previously concentrated on getting as many clients as possible, and then having little regard for the onwards. This is fatal for any customer oriented business, and had severe consequences, as shown by the drop in...

Creating a Corporate Style Guide for Employees

Style guide is a document of lessons presented by the companies for its employees for writing and providing suggestions for writing styles and presenting of the documents. Style guides give suggestions to the employees on the best option they can use to prepare their document and include the information specifically...

Ford and the Firestone Tire Setback

The controversy the surrounds the relations between two companies –Ford and Firestone has raised a lot of arguments and opinions. The facts, the background, and the setback were several of many aspects of the scandal. This essay analyzes the aspects of Ford and the Firestone tire setback along with providing...

Deontology, Christianity and Codes of Conduct

The ET Section 54 – Article III stipulates the idea of “Integrity” in accounting profession and its main issues. Subsection “,4” states: “Integrity also requires a member to observe the principles of objectivity and independence and of due care.” (AICPA, 2008). This principle stipulates that accountants should understand their responsibilities...

How to Implement Harvest Strategy in Business

Harvest strategy, New Market entry, and business plan are studied in the last session. These sections have helped me to learn about how to enter a new market, when to implement harvest strategy and how to make a business plan. A harvest strategy is the plan to close business within...

The Ohio’s Manufacturing Environment: Lost Time Accident Rates

Outline This study seeks to consider the positive impact of correlation between lost time accidents and corporations’ annual profit share margin in the Ohio manufacturing industry. The methodology that has been used seeks to interview heads of 50 main manufacturing industries in Ohio, and their opinions about this issue and...

Purchasing a Business Intelligence System

Introduction The success of a company in the highly competitive environment of today depends on many factors such as choice of customers, choice of products and services, choice of the most effective sales channels for specific products, finding ways to boost the results of marketing campaigns, improving customer loyalty, retaining...

Cafeteria Plan: Main Principles and Usefulness

Introduction Finance is a decisive point in the budget of every business company that aims at being successful and highly developed. When proper attention is paid to the financial affairs of a company, it develops in the right direction and uses its funds with the highest degree of efficiency. Finance...

Information Systems. Electrical Contracting Industry

Introduction The electrical contracting industry consists of companies which offer services in installing fixed electrical wirings and fittings for electricity, lights, security alarms, equipment for communications and security systems. The electrical contracting industry and market is inseparable from the other main building and construction sub sectors like housing, communications, industrial...

Cultural Influences and Managing Organizational Change and Development

How Did the Organization Handle Change Change is a way of life and is intrinsic for existence and growth of human society. It is also essential for corporate performance in order that companies align themselves to face competition in a fast changing world. Globalization and more effective deployment of e-commerce,...

Employee Motivation and Reward in Entrepreneurial Firm

Introduction: There is a well accepted saying that employees are an organization’s greatest assets. Any successfully and professionally run organization needs that contribution of its employees in order to remain like that. For efficient employee performance a proper system of employee motivation and rewards should be in place. This paper...

Semco Engineering and Grimsville Borough Council’s Management

Introduction Organizational culture and climate, morale, and human relations have a great impact on the performance of the organization and its business success. The fact that people work together for a common purpose is not enough to justify calling them a team because there is more to a team than...

Recruitment and Retention in Global Management

Introduction Today the analysis of forms and methods of organizing the activities of international companies is becoming a typical direction. The analysis of management in international companies is important to conduct in the stage of development, to demonstrate the various changes during the different phases. Human resources management occupies the...

Performance Management: Aspects and the Levels

Performance management is a cyclical process that is usually aimed at improving the performance of either a performing group or individuals or to further improve good performers. This is meant to deal with the attainment of the core business objectives. Performance management can be used to uplift the standards of...

Exxon Mobil Corporation’s Budgets

In general, budgets are both planning and control mechanisms that, although essential to control (particularly cost control), serve as a balance between planning and control. They refer to future periods of time and translate company plans into financial resources. They furnish a guide for future expenditures, and by helping to...

Integrative Negotiation With a Difficult Employee

It is common to find difficult employees in the workplace. But most of the time their presence is only known to their co-workers and not to the employer. When the attitude of the said employee is brought to the attention of the employer two things can happen. The employer can...

Advantages and Implementation of Test Marketing

Introduction Test Marketing, if properly implemented, can help marketers to make sound judgments about the widespread introduction of their products in their right manner. Although critics might say that it becomes a reason of extended expenses that would be added to the costs of the system, the benefits that it...

Crystal Pool Resort’s Analysis

Problem According to Gregory (2003), proper management in the area of human resources is found to be the one that helps the manager in charge of the human resource be able to utilize the potentials the employees have to achieve the overall objective of the company. Break down in this...

What Is the Role of Marketing in the Company and to What Extent?

Introduction Before attempts to discuss the role of marketing in the company and to what extent the marketing strategy of the company is effective, it is essential to consider about marketing and marketing process. Satisfying the target customers, behavior facilitating exchange, selling and advertising are the important role of marketing....

Organizational Design: Supply Chain Management

Introduction The supply chain is used in every type of business. And the supply chain is followed in all spears of a business. The term “supply chain management” has two parts – “supply chain” and “management”. Supply chain is the circle where the work of passing the raw material, work...

Operations Management in Thai-Lay Fashion Company Ltd.

Operations management is an important function in any organization even though it might not be termed as such in small and medium-sized businesses. “Operations management focuses on carefully managing the processes to produce and distribute products and services.” (McNamara, 1997-2008). This indicates that any process in an organization that needs...

The Relationship Between Customer E-Support and Phone Technology

Methodology The study will involve an American firm located in Canada and will seek to establish, analyze, and draw conclusions on use of e-support in business as compared to telephone using the company. Collection of data and important information will involve both questionnaires and interviews of a sample of 100...

Lawsuit Defense Strategy Analysis

A decision tree or tree diagram is a decision support tool that uses a graph or model of the decisions and their possible consequences, including the chance of event outcomes, resource costs and utility. The decision tree is used to identify the strategy most likely to reach a specific goal....

Juan Evo Morales Ayma & Hugo Rafael Chávez Frías

Hugo Rafael Chávez Frías, born on July 28, 1954, is the reigning President of Venezuela. As the leader of the Bolivarian Revolution, Chávez preaches a political doctrine of “democratic socialism” and “Latin American integration”. He is also a well-known critic of neoliberalism, United States foreign policy, and globalization. Chávez, founded...

Managing People: How People Can Be Managed?

The main topic of the assignment is managing people. How people can be managed? Mangers’ most difficult and important job is to manage people. Every organization is facing a shortage of talents to manage to change the environment. The world of work is changing. New labor laws, globalization, shifting demographics,...

Strategic Management: Importance of Leadership

Introduction The importance of leadership in manager’s communication and the areas of manager’s participation in developing skills of employees etc are discussed here. This study is intended on change aspect of company and explains the generic strategic direction formulated by management and actually implemented by leaders. Communication and learning Communication...

Business Planning Process for Entrepreneurs

Introduction Business plan is the written description of the future of a business. It is a tool for entrepreneurs to realise their business goals. Entrepreneurs can use the business plan for coordinating the human resource personnel towards the business goals. Managers can be directed properly through well prepared business plans....

Supply Chain of ERP Company

Executive summary Supply chains are very important in any business organization since they play a very vital role in the operations of the business organization. The ERP Company from the analysis of the company’s situation seems to lack a properly organized supply chain and for that reason, it seems to...

A Management Accounting Analysis of the Organisation

Introduction Business management is a systematic process of four combined activities such formulating strategies, communicating these strategies throughout the organization, developing and carrying out tactics to implement the strategies and developing and implementing controls to monitor the success of the strategy in terms of achieving strategic objectives of the organization....

St. Louis: Rocky Mountain Rendezvous by Gowans

St Louis fur trade represents a unique and one of the most interesting pages in the history of the city. At the beginning of the 19th century, the fur trade in this region was connected with Rocky Mountain Fur Company, established in 1823. The book Rocky Mountain Rendezvous by Gowans...

SmithKline Beecham: Marketing Research

Executive Summary SmithKline Beecham is a healthcare organization that manufactures prescribed drugs as well as a range of non-medical products (for instance, toothpaste). The organization has a firm position in the world market; however, recently the number of consumers, the company used to have, has started declining. Contemporary business organizations...

Ethics and Audit Risks of Auditing Fraudulent Financial Statements

According to section 110 of Responsibility and Functions of the independent Auditors states that “The auditor has a responsibility to plan and perform the audit to obtain reasonable assurance about whether the financial statement is free of material misstatements, whether caused by error of fraud”. This section clearly provides guidelines...

Performance Appraisal and Human Resource Management

Introduction Human resource management is a very crucial function in any modern organization that seeks to achieve its objectives including the task of ensuring that employees are motivated by use of effective performance appraisal techniques such as reward schemes. This is because people are the most important asset an organization...

SWOT of Mi Tenda

Introduction Mi Tenda is a small independent grocery store that has been started with a strong strategic vision to serve customers with a “friendly like neighbors” attitude. As a part of development strategy, an important task is to conduct a SWOT analysis. It should be remembered that the competitors of...

Application of Technological Success in Toyota Motor Corporation

Introduction This case study that is being currently examined relates to the success story of Toyota Motors in handling people, and more contextually, use of technology with greater degree of effectiveness and success in the global competitive automobile market. The main aspects that need to be considered that Japan has...

Accounting. Current and Non-Current Assets

Introduction Current assets are assets which are most liquid in the organization the assets which can be used up or be sold in the business cycle. Current assets are those assets which cannot be held in the organization for more than one year and they form the basis of working...

Ashoka Incorporation: Employees Motivation

Any businessman or manager working in any organization in simply any industry has to encounter the problem of employee motivation. Employers or managers need to monitor and control all the employees working under them for their level of productivity. Normally, employees lose interest in their job as the level of...

Information Communication Technology and Managerial Work

Introduction Information communication technology (ICT) essentially means technology used for communication in any situation. It can include any system or gadget that can be used as a communication tool. The telephone and the telegraph were the early examples of ICT. In a sense even the postal system is a form...

Acme International Expansion Program

Introduction Acme is widely known for its services all over the world in the production and provision of services. The idea of starting up a Greenfield production plant is one of its steps in meeting its goals as a multinational organization. The company has therefore selected a steering committee that...

Development of Financial Forecasts in Organizations

Most organization prepares long term plans so as to enhance effective of accomplishment of goals and objectives that are useful for the growth and development of an organization. Forecasting refers to the process of predicting the future and market trends while using existing data and facts in an organization. The...

Sexual Harassment in the Workplace and Complaint Procedure

Introduction Sexual harassment refers to a form of discrimination that is directed towards a person because of his or her sex i.e. being a male or female. This form of discrimination is a serious manifestation of the power differences that exists between the person who experiences harassment and the perpetrator...

Technology One Limited Explained

Abstract Technology One Limited has been providing deeply and much more comprehensive integrated business enterprise software solutions for more than twenty years. The company develops, market, sell, implement, and support the world with fully integrated software solutions. The solutions of the company are based on the leading edge, state of...

Attracting Consumers with Blogs, Vigilante and Counter-Blog Marketing

Introduction Vigilante marketing, blogs, and counter-blog marketing are new marketing tools to attract large audiences of consumers. Modern consumers do not necessarily desire governmental regulation of business and marketing activity; however, the increased intervention will result from the unresponsive business policy. The following articles present corporate responses to consumer problems...

Risks to Staff Motivation and Morale

In every organization culture determines the ways of performance and interaction between employees, communication and climate, morale and satisfaction. Following Foster-Fishman and Keys (1997): “Organizational culture refers to the shared system of meaning that guides organizational members’ believing, thinking, perceiving, and feeling, ultimately directing their behavior”. New proposals and changes...

Employee Motivation: Self-Directed Work Teams

Introduction Self-managed or directed works teams are designed to achieve a common goal. Individuals assigned to such teamwork intensively to achieve this common goal and are assumed to have the skill set required to complete their job. Like any working group, there are positives and negatives. This paper focuses on...

Walt Disney Application Form

There are times in life when the normal approach of day-to-day workings change in order to make amendments to procedure that would be fruitful in future. Similarly, there are occasions when one tries too hard to accomplish elements that are otherwise regular under different circumstances. Such an occurrence took place...

The Two Faces of Leadership: Considering the Dark Side of Leader-Follower Dynamics

Section One This article speaks about leadership and the traits a leader should or should not possess. In today’s world, which is now better known as a “global village”, leaders are in a one-on-one competition with each other, with fear of one surpassing the other. What is of utmost importance...

Equipment Corporation Plant: Managerial Attitudes

Introduction Digital Equipment Corporation Plant represents a unique environment marked by specific internal and external factors, culture and industrial settings. in order to give recommendations for change and redesign, it is important to analyze and evaluate the current state of affairs and possible problems affecting the management and the staff....

Cross-Cultural Executives’ Perceptions in Quality Customer Service and Relationship

Introduction The paper is a research proposal for research that is supposed to discuss the cross-cultural perceptions of the marketing executives of MNCs as they deal with different customers in different regions and countries. The effect of their perspectives and strategies necessary to make their view open and rational will...

Thai-Lay Fashion Company: Marketing Plan Assignment

Executive Summary Thai-Lay Fashion Company is an existing garment manufacturing company in the UK having the business mission of achieving market leadership in the garment industry on a global basis with its well-designed and qualified garment products. The company’s objective is to get market acceptability through the production and marketing...

Integrated Supply Chain Management Strategy Ford

Introduction A big issue before the Ford Motor Company is to frame an integrated supply chain management strategy that is in keeping with the changing trends enabled by the emerging information technologies and other high tech industries in altering the way they interacted with its suppliers. Of the different possibilities...

Economics & Human Resource Management: Outsourcing

Introduction Outsourcing involves the subcontracting of a process of either a product design, manufacturing, or a third party company to an external service provider. Outsourcing is done to direct the energy towards the benefits of the business. It can also involve making good use of land, labor, capital, resources, and...

Employee Relations and Trade Unions

Employee relations is a term used to describe the legal environment of the employment relationship. While traditionally, this has been the major focus for business entities, there has been a shift in accepted wisdom. Businesses now focus on a wider range of factors and place a greater emphasis on other...

Human and Other Assets for Business: Marketing Aspects

The marketing strategies and other aspects of the Oriental Organic Garments Company are being taken up for discussion and analysis. It is seen that this Company now wished to make forays into a wider market, both national and in the global context. In this paper, the marketing aspects in terms...

Human Resources. Managing and Leading People

Introduction Managing and leading people is one of the tasks that are very much challenging, many managers and leaders in the organization have faced many challenges when dealing with the people they lead. Managing and leading people is not that easy since one has to deal with different people from...

Managing People: Discussion of the Rational Decision-Making Model

Discuss the rational decision-making model. Would this be an effective/realistic model to use in your current organization? Describe how you may use it while mitigating its weaknesses. In an organization, decision-making is an important aspect. All the people in an organization at different levels are constantly making decisions. Decision-making is...

The Construction Industry in Australia.

Introduction As a crucial driver of Australia’s economic activities, there are over 200,000 businesses in the building and construction industry, and these offers employment to 700,000 Australians; which is close to 7.5 percent of the country’s workforce. In addition, the industry contributes to a 5.5 percent of the nation’s GDP,...

Intelligent System for Management

The world is in the midst of an all-purpose technological revolution based on management systems related to the economy and events. The macroeconomic benefits of the event management based revolution are already apparent in some economies, especially the United States and the United Kingdom. However, it should be mentioned that...

Strategic Management: Art of Planning Business

What is Strategic Management. Tthe strategic management process in a company Strategic management is the so-called art of planning business at the highest level and to the greatest extent. In other words, it involves the establishment of the company’s short- and long-term goals, means of their achievement, analysis of market...

Service Marketing in Restaurant Business

Introduction Service sector is different from manufacturing sector. Service sector involves a wide variety of services including restaurant services. This study focuses on the factors to be considered while opening a new restaurant. Service is main aspect of business transaction to meet the satisfaction of customers. Service industry should evaluate...

Organizational Culture of Accounting Profession

Introduction As professional people increasingly under public scrutiny, accountants find themselves exposed to complex ethical issues. There are many ethical issues with which accountants struggle and points to ethical systems as tools that can be used to solve ethical dilemmas. By understanding the rational methods by which ethical issues may...

Innovation and Creativity Factors in Management

Introduction Innovation is one of the core subjects that is important in determining the success of a business enterprise in meeting its customers’ needs. The main objective in innovation is the creation of something new that will lead to positive changes. The difference between innovation and invention is the former...

“Marketing Insight” by Kotler and Keller Review

Stephen Brown’s criticism of marketers that undertake excessive researching/ surfeit consumer servicing Myth Number 1 If manufacturers and marketers were only concerned about what the consumer felt about their products, services or utilities, they would end up churning out modified or improved models of their existing products, “that already exists”...

Housing Industry Affected by the Economy

Introduction Due to the increase in population all over the world, there is high demand for shelter and the housing industry is one of the most significant and growing sectors nearly in all the economies of the world. However, changes in the different economies have impacted both positively and negatively...

Associations and Project Organizations in Business

Introduction The organization is structured according to functional areas instead of product lines. The functional structure groups specialize in similar skills in separate units. This structure is best used when creating specific, uniform products. A functional structure is well suited to organizations that have a single or dominant core product...

Apple Computer, Inc.: Strategic Management

Introduction Strategic management aims at identifying best growth opportunities and creates defenses against threats to its competitive position and future performance. An analysis of the internal and external environment of an organization is very important for strategic management. The internal environment factors of the firm include its Strength(S) and Weakness...

Organic Garment Market in the United Kingdom

Executive Summary Oriental Organic Garments is the name of the proposed retail unit that will deal in T-Shirts for men and women made out of 100% organically grown cotton. The company has an excellent supplier from Hong Kong and is confident that the products can be competitively marketed in a...

Studying Organisations: The Hawthorne Experiments

Introduction The Hawthorn experiments marked a new direction in research of motivation and productivity. More than half a century has passed, and productivity remains a concern of management. Labor conflict continues wherever bosses are not fair or considerate of worker’s needs. Design of work tasks continues to be studied, systems...

Royal Mail Company’s Team Learning

Introduction Team learning is the art of providing answers to businesses problems through open questioning and seeking solutions to these questions that need to be addressed. Team members may, while working, find the necessity to solve issues and venture into the process of seeking solutions. Thus, it is important to...

Aspects of Efficient Organizational Systems

Introduction This paper considers how organizational structure impacts the ethical conduct and moral judgment of people working in an organization. It has been established beyond reasonable doubt that there does exist, organizationally speaking, a nexus between organizational design, morally acceptable behavior, and the development of moral reasoning and in helping...

Honda vs. Toyota: Comparison

This section continues the discussion of the issues that the company must face. The paper aims to cover some issues faced by the company such as being accepted by the market of the switch from gas to electric, adopting new technical expertise to make this change, coping with additional costs...

Knowledge Management: Modern Focus by Prusak

Introduction This essay aims at closely looking at the article by Prusak and his vision of the tool of “knowledge management”, the present influence of the tool today, the future perspectives and development. Prusak made a research, devoted to KM, his article aims at putting the term “KM” into the...

Industrial Relations: Work and Employment

Introduction A broad concept that determines the interaction between an employer and its employees pertains to Industrial Relations. Relatively, it comprises the areas among employees, trade unions, employers, and specifically those which arise within the individual employees and their employer in the workplace (Kehoe and Maurice, 2005). The two cases...

Impact of PCAOB on Accounting Information System

Synopsis of Rule 3100 Rule 3100 deals with the follow-up of professional auditing standards set up by PCAOB for the registered public accounting firms. According to this Rule a registered public accounting firm has to follow professional accounting standards set up by the PCAOB, during their auditing processes. The auditing...

Information Systems in Aurora International Trading

Aurora International Trading – Background Aurora International Trading is a UK-based company. The company contracts the design and manufacturing of plastic goods to the Chinese company ‘Shenzhen Happy Star Industrial Plastics Limited’.This Company is based in the Guangdong province of the Peoples Republic of China. Although the production is monitored...

Decision-Making Process and Flaws in Management

Introduction Decision-making may be defined as the act of selection between two or more option, the result of which is not perfectly known, with the intention of solving a problem. The success or failure of a business relies on the value of decisions made or not made. Decision makers are...

Positive Accounting Theory in Management

Introduction This paper consists of two parts. Part A will explain statement about the accounting policy choice literature which is opportunistic policy motivated by various factors while part B will explain Foster’s accounting policy choice from two viewpoints – from an opportunistic behavior and an information and signaling perspective. Analysis...