Economics for Management. The Prisoner’s Dilemma

A prisoners’ Dilemma is a situation where the parties involved are engaged in a non-cooperative game. As there is no negotiation and cooperation between the parties involved, the best option for the parties is to adopt a maximin strategy where they will be able to maximize their minimum gain. The...

Motivation as a Means of Productivity Increase

Background of the Study It has been noted by scholars long ago that some organizations succeed while others do not, and numerous opinions connect this success to the ways in which the successful organizations motivate their employees to work more effectively and with greater commitment to the organization’s goals and...

Political, Economic, Sociological, Technological, Legal, Environmental Analysis

There are a great number of factors, which can neither be controlled not influenced by a business, but they are of great importance for it, especially in cases which concern business planning or product development. This is why it is necessary to be aware of them, and PESTLE analysis makes...

Cereals Company’s Marketing Theory and Practice

This is an organization which manufactures Cereals in Melbourne, Australia. The company’s name is “G’Day flakes”. This particular company is thinking of developing products which must be suitable for the current Australian market. For this reason they decided to understand certain macro-economic factors which may influence their market and the...

Supervalu Retail Chain of Stores’ Market Analysis

Introduction SuperValue retail chain of groceries has been in operation for 135 years offering a wide range of products that include grocery, Pharmacy and supply chain operations across the country. It operates approximately 2500 stores and about 2500 affiliated retail shops through the company’s supply chain operations. Currently the chain...

McDonald’s Restaurants’ Marketing Strategy

Introduction McDonald’s is considered as the world’s largest chain of fast food chain and the organization is considered as a multinational and it serves more than 47 million customers daily. The structure of the organization is quite huge and that is the reason why the organization focuses a lot on...

Starbucks Coffee Company’s Analysis

Starbucks coffee company is an international based coffeehouse chain that purchases and roasts finest coffee beans. The processed beans are being sold all over the world in the form of dip-brewed coffees and espressos. Starbucks Coffee Company was founded in 1997 and became the world’s leading brand of specialty coffee....

Construction Companies and Ethics

The construction industry experiences many challenges. Some of these challenges include bid shopping, reverse auctions, false claims, threats as well as employee misappropriation. The construction professionals feel that the industry is ruined by an increase in unethical behavior. The role of construction ethics is to ensure that ethical practices and...

Going International With Malaysian Made PROTON Cars

Introduction With the advent of technological advances in the field of communications and transportation the processes of carrying out business over a vast geographic spread has been made possible. This has led to businesses going international with their products and offerings. This trend intensified to such an extent during the...

Evaluation of a Workplace Learning Environment

Introduction A career in Banking provides a good environment, for workplace learning. Bank Tellers have an opportunity to exploit their potentials and gain much from workplace learning. An evaluation of the environment in which Bank Tellers work is necessary to provide justification that indeed effective workplace learning can occur in...

Empress Luxury Lines Company’s Decision-Making

Introduction The case in quetion concerns Empress Luxury Lines, a world-wide known cruise line. Top management of the company is planning to intentionally damage underground lines to get coverage from the insurance company. The obtained money is expected to be used for the computer system upgrade. Kevin Pfeiffer, a computer...

International Business. Saudi Basic Industries Company

Introduction International business relations are characterized by the complexity of processes and phenomena that determine the market shares of various companies in the respective market segments. The market of petrochemicals also displays this complexity, and Saudi Basic Industries Company (SABIC), experienced this in its business activities. Dumping was the controversial...

Improving Decision Making and Customer Service

Introduction Decision making and customer service are interrelated issues based on organization’s strategic plans and management systems. The case of the King County Library System vividly portrays that decision-making determines overall success of the organization and its development. Also, leadership style of Bill Ptacek enables him to be accepted by...

General Motors Analysis: The Need to Restructure GM

Background and History General Motors (GM), a US-based automobile manufacturing company, was founded in 1908 and since that time bases its headquarters in Detroit, Michigan, USA. During its history that counts for over a hundred years of development and business activities, GM has managed to create branches located in 34...

200230 Business Project: Critical Incident Analysis

­­­Critical Incident Causes Founded in 1976, SABIC Company is now one of the world’s leaders in the area of petrochemicals manufacturing. SABIC is owned by the Saudi Arabian government that owns over 70% of its shares, while the remaining 30% have private Saudi Arabian and foreign investors (SABIC, 2009a). SABIC...

Diversity Training Program. Diversity Management

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...

Problem Solution: Global Communications

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...

Diversity Management in Canon

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...

Leadership and its Role in the Organizational Behavior

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...

Bias Elimination in the Workplace

Introduction Managers and leaders should recognize not only the individual diversity but also cultural diversity in the work place. In an organization different sections and groups may have different cultures with different values and priorities. Today, the societies we live in have become multicultural due to the increasing cross- boarder...

Marketing Plan: Innovative Type of Software Product

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...

Motivational Factors in the Workplace

Introduction There are a lot of misconceptions in the workplace as to how to motivate employees to perform at optimum levels. Most managers especially those newly appointed unknowingly try to implement models and styles that worked for them but are not necessarily the norm for everyone. Occasionally, employers or managers...

An Effective Economic Decision-Making

Introduction Decision-making is a challenging exercise, not only in business management (business decision making) but also in making decisions that involve personal or individual choices. According to Steve (2006: 62), decision making has always been and will always be a complex process and which requires the decision-maker to possess adequate...

Employee Benefits as a Company Policy

Introduction It is vital for great and influential company to present the points on strategic evaluation of employees’ benefits and their further going up the career ladder. The point is that many even global corporations lost their bygone positions among the closest competitors due to a lack of professional liability...

Kudler Fine Foods Stores’ Strategic Analysis

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...

Good Mark Precision Industrial Company’s Organizational Structure

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...

Organizational Behavior Trends and Decision-Making

Introduction Decision making in modern organizations should be based on moral and ethical principles followed by employees and management staff. The ethics itself is based on the principle of “the standard of care”. It means that all decisions and problem-solving approaches should be based on detailed analysis of consequences and...

Non-Profit Marketing Research Proposal

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 Trends Analysis

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...

Monaco and Macau Gaming Sectors and Other Business Activities

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...

Leading a Virtuous-Spiral Organization

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...

E&M Greenfield Pty Ltd.: Information Systems in Context

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...

Corporate “Moral Responsibilities” – Myth or Reality?

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...

Information System in the Larry’s Clothing Company

Introduction The information system provides immense help to the manager in an organization for facilitating easy decision-making. Information means the useful facts and figures that have been retrieved, processed, or also used for information or argument, decision making, or forecasting. Information systems and decision-making are closely connected with each other....

Transferring Anticipatory Logistics to Business World

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...

IKEA Company’s Supply Chain Management

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...

Rock of Ages Company’s Value Chain Analysis

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...

Marketing Theory With a Strategic Orientation

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...

Business Ethics in Real Estate

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...

S&W and Makatume: Strategic Issues and Case Analysis

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...

Cultural Influences and Managing Organization Change and Development

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...

Franchising and Service Delivery Systems

This week has been very rewarding for me in the sense that I have been able to learn about something which I have always been interested about. This is the concept of franchising and the importance of service delivery systems in franchising. I know that franchising is an extremely powerful...

Family-Operated Business in Hong Kong

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...

An Insecure Open and an Overly Secure Environment in E-Commerce

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...

Managing the Services Industries

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...

Supranational Model in Human Resource in Asian and Middle Eastern Countries

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...

Accident and Emergency Clinic Department: Management Accounting Analysis

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...

Formulation and Implementation of Organizational Strategy

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...

Exxon Mobile Corporation’s Financial Analysis

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...

Love and fear of the Modern Boss

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...

Dividend Policy in Business

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...

Organizational Management and Leadership at Hitachi Ltd Canada

Introduction Good administration is the hallmark of good management and the proper and efficient use of resources. Managers become leaders when their personality and character, their knowledge and functional skills of leadership are recognized and accepted by the others involved. Hitachi Ltd. is a leading electronic company specialized in information...

Austin Reed Group Plc: Understanding the Environment

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...

Financial Decision Making for Managers

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...

Published Profit and Loss and Cash Flow Statements

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...

Ethical Decisions in Business: Affirmative Action

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...

Coca-Cola Light: Public Relations and Marketing

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,...

General Motors Company’s General Management

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...

Corporate Social Responsibilities of a Company In India

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...

Thai-Lay Fashion Co., Ltd Company Strategy

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...

Organizational Behaviour Analysis and Evaluation

Organisational behaviour study is a discipline that is gaining more and more important because organisations are becoming larger and more complex now than ever before. Even though human behaviour inside organisations have been studied since the early days of the industrial revolution, most of these have focused solely on improving...

Human Resource Management and Organizational Strategy

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 Relations Analysis

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...

Ocean Transport Capitalizing Interest Costs

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...

Total Quality Management Tools in the Organization

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...

The Most Pressing Issue of Leadership Today

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...

Shomei Cards Company’s Competitive Advantage

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...

Effective Leadership Skills in Practice

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...

Service Delivery System and Successful Franchise

Introduction The concept of franchising is definitely not a new one and can be traced back to the early days of governmental licensing and even the method used by the clergy for the expansion of churches. Modern concepts of franchising emerged in the United States in diverse business areas as...

Thai Lay Fashion Company: Business Plan

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...

Personal Touch Product: Target Audience & Competition

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...

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...

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...

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...

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...

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...

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...

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...

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...

Marketing Communication for Building Strong Brands

Introduction Research indicates that marketing communication is a very important tool in any business set up; it is even more important in the modern business world. For a business organization to be successful and attain its marketing objectives the marketing managers have to use very effective marketing communication strategies. This...

Importance of Corporate Responsibility and Ethics

Introduction Corporate social responsibility (CSR) allows the society or its participants to account financially when there is a certain involvement of the monetary values or assets of organization. Financial accountancy provides us with many dimensions to identify and communicate issues of public interest to both internal and external stakeholders. This...

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...

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...

Ergonomic Injuries: a Case Study

Introduction Ergonomic injuries are musculoskeletal disorders of the muscles, nerves, tendons, ligaments, joints, cartilage, and spinal disc. They are risk factors directly or indirectly related to the work environment thus referred to as work-related musculoskeletal disorders. How a risk factor causes injury is usually through the accumulation of pressure to...

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...

NTCL: Human Resource Management

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...

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...

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,...

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...

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...

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...