11072 samples of this type
The success of an organization depends on among other factors, the ability to manage the diverse cultural backgrounds in the organizations towards the attainment of the common organizational goal. According to Schauber (n.d), “an effective, culturally diverse organization is one whose culture is inclusive of all of the varying groups...
Introduction Global Communications is under the pressure of financial and organizational problems faced in the telecommunication industry. The basic objective of the company is the profits and revenues increase. The paper lies in the analysis of tribulations and trials confronting by Global Communications; the development of a growth strategic plan...
Acknowledgements I would like to thank my teacher for giving me an opportunity to research and write on such an important topic. The research work has not only increased my knowledge in the area of financial management but has also enabled me to apply these techniques in practical decision making....
Leadership is one of the key factors that contribute favorably to the success of any organization. In organizations where leadership is lacking, there is always confusion since there are no well-structured organizational goals. Leadership can be described as the ability of an individual to use emotional and personality skills to...
The fact is that the diversity management by Canon Company is regarded to be among the best practices within the large scale corporations in the world. Originally, this company cares for its workers, and the principles of HR diversity management entail a number of issues, such as: Work-life balance The...
Abstract To discuss the statement “the optimal choice of entry mode depends on the firm’s strategy”, this paper would consider the relationship between International strategies and entry strategy, and the meaning of international strategy, and foreign market entry strategies etc. This essay would also evaluate the advantages and disadvantages of...
Introduction The selection interview is heavily criticized and currently seen as a contributing factor to poor job performance. The controversial aspect is that, a big number of people with high job performances have been employed using this criterion being questioned. Altogether, the blame cannot be placed on the critics or...
Leadership is considered to be one of the crucial parts of the successful development of any company. The necessity of the leader in the company is dictated by the core roles and aims of the leader: to inspire, to be the innovator, to be based on the perspective view of...
Introduction First, it should be stated that the software-marketing sector is regarded as very specific, and, it has its particularities associated with the issues of pricing, distribution and promotion. This paper aims to create a marketing plan for the innovative type of software product, which would clarify the potential segment...
Teamwork is one of the most effective tools in management as it enhances collective responsibility towards the common goal of the organization. According to Duke Corporate Education (2005:4), a team may be described as a small group of people sharing a common purpose and possessing complementary skills to pursue the...
Introduction To begin with, it is necessary to mention that any organization should have its principal goal, clearly stated mission, values and goals, which are planned to be achieved. The fact is that, the clearness of the goals defines the strategy for achieving the goal, and defines the process of...
Introduction An organizational structure is a model under which hierarchical units pool resources and contribute in an institute and they do so to achieve a common goal to contribute and serve a regular aim. Organizations can be said to be clustered entities with a modification outlook. There are many approaches...
Audit reports play an important role in every organization. It is an essential tool for businesses to make decisions for the company in the future based on the results of the audit. But who makes these audit reports? Auditors are responsible for the accuracy, credibility, and reliability of the financial...
Introduction Many of the difficulties with “regular” training approaches arise from too little attention on the one hand or excessive administrative trappings on the other. In regard to what has to be learned, the insufficient effort leaves the definition largely up to the employee to discover in a hit-and-miss fashion...
Executive compensation has been an issue of great academic as well as management interest for the last three decades. The base salaries of executives have risen by 4.7 percent from 2007 to 2008 apart from an increase of stock options from 47 percent to 58 percent in 2008 and a...
Abstract Casino gaming is a form of entertainment activity that requires one to pay to secure a chance to win money. Monaco and Macau regions are known to be engaged casino gaming activities since there is inadequate space for agricultural and industrial output for its citizens. Macao with its biggest...
Outline This essay discusses brand leadership. The importance of brand leadership and how to develop brand leadership are mentioned in this essay. It also discusses the leading brand which I wish to develop in the future. Introduction Leadership is very good quality. A good leader has his leadership style. Like...
Introduction Caesars Entertainment is one of the leading gaming companies. It was established in the year 1998 as Park Place Entertainment and later re-named as Caesars Entertainment in 2004.The Company is headquartered in Las Vegas. It owns 29 properties in five countries and has about 54,000 employees. Caesars Entertainment operates...
This is a business report which deals with the applications of information systems in the decision-making process of business organizations in order to get competency and business growth in the industry. This case study deals with a clothing manufacturing company located in Sydney. The company selected for the study is...
In recent years, it became a “statement of good fashion”, on the part of many economists and political observers, to suggest that Western companies, operating in Third World countries, should adjust their business strategy to the illusive notion of “moral responsibleness”, the actual subtleties of which cannot be defined even...
The Concept of Anticipatory Logistics and Its Origins In “Anticipatory Logistics: The Army’s Answer to Supply Chain Management.” Lenzini (2002) reports how the Army has commenced field trials of this approach to supply chain management. The experiments involve varying mixes of information technology and procedures that will optimize maintenance schedules...
Introduction IKEA is a private organization known all around the world. This organization is a home products retailer that was first to use flat-pack design furniture. Its primary business consists in selling this furniture, as well as accessories and kitchen and bathroom items. IKEA was founded in Sweden in 1943...
Executive summary In project evaluation, the following tools can be used to aid managers in project financing decision making: Net present value, Internal rate of return including modified internal rate of return and Payback period including modified payback. The project evaluation the following criteria can be used in deciding whether...
Summary Strategic planning and management have become a very critical aspect of the success of businesses and developments in the past three decades. From 1980s consumers around the globe have become more informed and continuously demanded more in terms of quality and price (Howe, 2006). Again the globalization and high...
Factors Affecting PIE Value Creation Factors Industry Demand There are more than 100 brands of cereals in the U.S. Because of the proliferation of brands, the top ten account for 27.4 of total sales. Cereal producers market to both children and adults via the media and the use of coupons....
Since the beginning of the 20th century, innovation determines business opportunities, brand uniqueness, and company image. Innovation is nothing more than the act of introducing newness into a process or product. It involves an idea, its implementation, the actual production of the innovation, and its acceptance by the market. Essentially,...
To talk about success and social responsibility in business, in the same breath, is not just necessary, but also quite possible, provided the people at the top are convinced of the need for an ethically run organization. In the last few decades, there has been an increased need for taking...
Introduction In the marketing world today, the area of contemporary marketing has become so broad that we have arrived at the accurate point in time to be familiar with the things which are related to the important writings so that the applied choice model in marketing can be applied to...
Introduction Business ethics still remains one of the most important areas in business practice influenced by internal and external factor, cultural and social changes. Real estate industry represents a diverse market in terms of human resources and services provided. One strong and persistent pull of foreign workers to the United...
Take the perspective of S&W’s Director of Strategic Planning to develop a full SWOT analysis of S&W, identifying and explaining at least five factors for each category (strengths, weaknesses, opportunities, and threats) and propose a complete strategy (implementation, ramification, and evaluation) which addresses one of S&W’s weaknesses and what you...
Executive Summary This business report relates to the information system applications in the business decision-making process. The business report is designed as a case study of an organization. The business organization selected for the study is Elkat International Food Services Pty Ltd, which is a Frozen Food retailer in NSW,...
Introduction Current essay deals with analysis of the process of organizational change in the context of its individual experience. The basic problems and issues which are posed in this context are what actions were realized by organizational management, whether their scope and effectiveness were sufficient and what alternative steps could...
How Wal-Mart has increased taxes on their products According to Richard (2006), the recently increased taxes by Wal-Mart on their products have purposely been introduced to hide the truth regarding the company. Recently, the company launched an advertising campaign worth multi-million dollars to silence the critic of the company and...
Introduction It can be said that many of the large corporations of today have been started in a small way by individuals and their families. Due to hard work and vision, they have now grown to the status and size that one sees today. There are still many family owned...
Background Hobbs is a store that sells clothes and accessories and it primarily targets wealthy people. The marketing strategy that the firm wants to start for the year 2009 is aimed at raising the footfall. From the analysis from Mosaic, it is clear that Birmingham is a place that has...
It is not unusual today for the users of the internet to experience having their private information hacked into, by a third party (Drumheller, 2008). This could either be a systems cracker, or a hacker. Owing to the escalation in these kinds of privacy invasions, there is a need therefore...
Introduction Each and every industry whether it is service or manufacturing industry operates its business in an environment which comprises of different issues or factors such as the physical environment, tradition and socialization, technology, politics, economics, and social factors. Each type factors have significant impact on almost every aspect of...
Abstract This paper examines the problems of Toledo Specialty Glass concerning the Solar Sandwich Project. It analyzes the problem, then proposes solutions supported by business management and innovation theory. The major problems looked at include team making, synergy, motivation, and behavior modification. Introduction Kiernan cites James Brian Quinn in his...
Summary To trading within nations of one country to another is really complicated for different cultural aspects, economic positions, language and many more. For this reason, it is quite difficult to build IHRM in international concepts. Managers and human resource professionals have to have the knowledge and ability to build...
About Company It is a company that offers a wide range of products to its customers. The products are saving products, financial planning service, insurance products, mortgage products and loans. The company was formed in 1964 after the merger of the Bingley Equitable and Bingley that was formed in 1851....
Executive Summary This is a financial report represented for Accident and Emergency clinic department. The report is prepared mainly to be used by the directors of the accident and emergency clinic and is focus on the financial records available as closing of 30th June, 2008. For the preparation of this...
Introduction Strategy is a long-term plan whose aim is to ensure that the organization achieves its objectives. The major objectives of a business are to offer high-quality services and goods to the customers, make profit and grow. (Peter and meshalam 2006) Strategic plan tries to relate the business with environmental...
Introduction Most of the organizations are required to maintain books of accounts so as to comply with the regulations and laws in the Company’s Act. The importance of keeping books of accounts is to ensure that the transactions that take place within an organization are carried accurately and at the...
The article poses the age old question as to which is a more apt leadership style: autocratic or a more benevolent and democratic approach. Snook demonstrates the different leadership styles from a historical perspective. He states that in the 1950s the leadership style was more autocratic with reward and punishment...
Rights issues Selling of ordinary shares to the existing shareholders of the company to raise capital is called right issues. The law necessitates that the new ordinary shares must be first issued to the existing shareholders on a pro rata basis. Shareholders through a special resolution can forfeit this pre-emptive...
Austin Reed Group clothing company has been operating successfully in the past years; this is attributed to the well-set standards by the west. Due to this success, the company wants to venture into more International markets like Asia and Africa to seek more opportunities to market and offer its products...
Introduction This is the analytical evaluation of the strategies of Royal Caribbean Cruises Ltd. The main purpose of this study is to highlight the company’s arrears of strengths and weakness as well opportunities and serious threats for the company. This paper has mainly focused the related years of the case...
Introduction Business ethics are standards that are applied to examine certain behaviors in the business processes of corporations. Companies are held accountable if they do no follow ethical guidelines in terms of societal welfare, environmental benefits, and other ethical values. The companies that do not have any sense of responsibility...
Introduction According to the American Accounting Association (AAA) it states that accounting refers to the process of identifying, measuring and communicating the economic information so that it can allow the making of informed decisions and judgment that they can be used by the users of the accounting information. The accounting...
Executive Summary The present business plan is dedicated to an overview of Pink Label Hair Company, a limited liability entity, operating in the cosmetics and beauty industry. The business’s product portfolio includes 100% virgin hair bundles in Brazilian, Peruvian, and Malaysian styles. It has an offline location in [Name of...
Introduction The process of making an ethical decision in business often can be regarded as the problem of moral choice. In that sense, business ethics can be referred to as having moral standards as their basis. The issue of ethical decisions in business, however, is more complicated and requires considering...
Introduction Public relations (PR) is one of the tools used by marketers to inform potential consumers about a product and its characteristics. The communications process is concerned with the dissemination of stimuli and their perception, impact, use, and effectiveness. Coca-Cola Light is a sugar-free, low caloricity beverage. For this product,...
Multinational Companies are the companies that manage the production establishment or delivery services in at least two or more countries. They have a budget that exceeds more than those of other countries and have a powerful influence on international relations and the local economies. They have branches in many countries...
Executive Summary The marketing plan has been formed on Angel’s and the chosen product is Angel’s Carpet, Flooring, Lighting, Beds, Rugs, curtains and blinds which has taken the leading position in the local market. The macro-environments that influence an organisation’s activities are demographic, economic, political-legal, ecological, socio-cultural, and technological. These...
Introduction At the time of writing this research essay on 12/12/2008, a proposal of $14 billion bail-out packages for the automobile industry in the U.S.A failed to get its approval from Senate. This has raised fears of imminent auto industry collapse and job losses in the U.S.A. The bail-out plan...
Introduction This report contains the major corporate social responsibility and environmental issues that the company will encounter when it relocates to India, a developing country. With the changing times, there is a lot of pressure that mounts on companies from the stakeholders i.e. the employees, customers, governments, the communities, and...
Executive Summary Thai-lay fashion Co. Ltd. is a garment manufacturing company in London. It is engaged in production of garments from 100% organically grown cotton. For exploiting the increasing demand trend of organic cotton garments among the consumer segments in UK, the company aims to follow appropriate marketing and financial...
Organizations employ many types of resources to realize their strategies and achieve their goals. These resources include labor force, which is nowadays approached in a less mechanistic way and referred to as human resources or human capital. Towards the middle of the 20th centuries, management scientists gradually came to understanding...
Leadership and gender have been seen as opposite issues for a long period of time. A leader’s opportunities to change or enlarge the unit’s domain can also be constrained by prevailing attitudes toward possible new outputs and by the attitudes of subordinates to any changes in the kind of work...
SFAS 34 Capitalization of Interest Cost SFAS 34 Capitalization of Interest Cost was enforced in Oct 1979 and laid out standards for capitalization of interest cost as a part of the historical cost of acquiring certain assets. The interest cost that may be material and eligible for capitalization includes the...
Outline Term Assignment Section I This paper is about the application of Total Quality Management Tools in an organization to help solve a quality issue. The organization chosen is called ‘Dinner Diner’ which is a local restaurant serving local and international cuisine to its customers for over 10 years. Through...
There are innumerable issues and challenges that confront the leaders of today, each of which is engrossing and highly intimidating. Empowerment of work forces, cultural and ethnic diversity, demands of the labor unions are some but of all these issues the most pressing one is the integrity of the leaders...
Introduction All organizations within an industry strive to achieve their goals and objective through setting up strategies that are cost effective so as to run their operations effectively. It is therefore important for management of organizations to ensure that they study the environment in which they are conducting their businesses...
It is a common belief that leadership is important for organizations and societies to function. Leadership is an overall activity that is visible in people and even animals. Whereas it is easy to identify leadership in a situation, it is difficult to define it precisely (Avery, p.4). There is no...
Introduction Modern global sphere of shipbuilding experiences reduction of margins together with the total increase of customer expectations. To reach success and meet the requirements demanded by customers mean to provide them with the detail information beginning from building planning and up to the description of supply analysis. ERP (Enterprise...
Introduction The balanced scorecard translates an organization’s mission and strategy into a comprehensive set of performance measures that provides the framework for implementing its strategy. (Kaplan and Norton, 1966) The balanced scorecard does not focus solely on achieving the financial objectives of the firm. It also highlights the non-financial objectives...
Introduction The creation of a new business venture involves different stages. All of these stages constitute a cycle of growth in the total lifecycle of the new venture. Business ventures are always built with long-term objectives. Different levels of business operations are required for achieving the long-term objectives. Suitable business...
Introduction The product that we propose for marketing and for this project is a unique hair styling solution. Time has become a constraint in every day life. Our busy schedules do not allow us to attend to our personal needs, like getting a haircut. And when we do get time...
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. 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...
Introduction The importance of researches on the motivation and behavior of consumers is known all over the world. For the last decades, within the frames of marketing, an interdisciplinary area of researches has arisen– the behavior of consumers. The main purpose of both businessmen and experts in marketing consists in...
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...
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...
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...
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...
Statistical Process Control as a function and tool of management aiding the best possible evaluation and implementation of programs, portfolios, and processes in organizations and enterprises by adhering to process centers consistent with outcome expectations. It is possible to engineer the best efficiency of time and product quality, thus optimum...
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...
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...
Introduction The Thai Lay Fashion Company is a well-respected garment exporter situated in Hong Kong with production facilities located in China. At present, the company caters to wholesale importers from markets in Europe and the UK. The success and acceptance of the company’s products have encouraged the management to enter...
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...
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...
Introduction School programs are normally designed to accommodate and content students as well as the teaching infrastructure. In the modern society teachers and school managers are under pressure to meet the requirement and expectations of the public that mainly include parents, students and the government. However the increasing cases of...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Need for Cash Flow Statement Yes, the writer agrees with the above statement that cash flow statements are important for any organisation. Cash is needed for a variety of reasons in garment organizations primarily for: Provides detailed day-to-day information The Cash flow statement is prepared on a daily basis, to...
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 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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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 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...
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...
Introduction Sustainability is understood as the process of maintaining change with regard to environmental concerns. This approach encompasses the exploitation of resources, investments in lean manufacturing, and smart use of technology. Coca-Cola is one of the major players in the food industry that is trying to uphold the image of...
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...
Introduction It is the devising and analysing business processes, making budgets, doing forecasting, introducing internal controls and monitoring the same and evaluating, synthesising and compiling information mainly to derive economic value. It is an accounting technique employed for the development, management and implementation of decision-making process of a business entity....
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...
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,...
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...
Abstract Experts and discipline intelligentsias continue to fill this field with views and ideologies some garnered from experience or newly developed or old recycled models. Unfortunately, no matter how well drafted the desired course in company operations is, it is subject to the business environment. The type of market, economic...
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...
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....
Introduction This report on financial ratio analysis is aimed at measuring the general performance of the restaurant. The ratios would help users to get an in- depth understanding of the restaurant’s profitability, financial stability and efficiency with which it is utilizing its assets to generate sales revenue. For the management,...
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...
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...
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...
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...
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...
Introduction Northern Transportation Company Limited is Northern Canada’s oldest and largest Arctic marine operative and Canada’s largest barging corporation. For more than 70 years it has provided trustworthy and necessary marine transportation services to consumers and resources examination projects along the Mackenzie River in the Northwest Territories and crossways the...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
Asda Stores (UK) is a subsidiary of one of the United Kingdom’s largest supermarket retailers, Asda Group plc, which also operates Allied Maples Carpet and Furnishing Stores and Gazely Properties, a commercial property development company. The company also retains a 25% stake in MFI, a furniture retailer, resulting from a...
