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...

Toledo Specialty Glass Problems: Solar Sandwich Project

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...

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...

Bradford Bingley Company: Case Study

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....

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...

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...

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,...

Managing Risk: Risks Faced by Multinational Companies

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...

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...

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...

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...

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...

The Importance of Gender in Marketing

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...

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...

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...

The Thai Lay Fashion Company: Franchising

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...

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...

School-Based Project Management: Program Implementation

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...

Incentive Programs in Increasing Sales Efficacy

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

Impact of High Labour Turnover on the Hotel Industry

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

Talyllyn Railway Company’s Supply Chain Management

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

British Petroleum Company’s Marketing Plan

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

Queen Margaret University’s Plan for Korean Students

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

Corporate Bonds and Government Bonds

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

New Co.’s Job Evaluation and Pay System Recommendations

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

Job Design Around Groups

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

Managerial Approach to Marketing Communication

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

Contribution to Christian and Business Leadership

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

Human Resource Management Employment Law

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

The Role of Cash in Business

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...

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...

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...

The Risk Assessment of Opening Up the Branch

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

Olive Garden Restaurant Chain

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

Online Shopping and eBay Phenomenon

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

Complex Supply Chain Networks and Drivers

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

Benefits of Time Compression in Supply Chain

This paper is going to focus on the creation of a customer-driven supply chain. It will look at the benefits of the supply chain time compression in the Tesco Company. According to Daniel T Jones and Philip Clarke (2002) putting up supply chains that pay attention to the customer requires...

Entrepreneurial Managers vs. Administrators

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

Shortage of Skilled Workers in Middle East Construction Industry

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

Fundamentals of Management Accounting

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

Odyssey Isle: Analyzing Pricing Strategies

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

An Administrator’s Role in a Firm

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

Managing Diversity: Managing Employees in Modern Organizations

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

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...

High Employee Performance and Job Satisfaction

It is interesting to find out the answer to the query whether job satisfaction can directly result in generating high employee performance because of two reasons. The first one is that there is indeed a utilitarian value in that managers can use the insights gleaned from the study to effect...

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...

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...

General Electric Supply Chain and Its Competitors

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

Project Management Office Analysis

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

Oriental Organic Garments Company’s Marketing Plan

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

ABC Company: Cash Flow Performance

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

Thai-Lay Fashion Company: Barriers to Communication

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

Employee Behavior: Consequences and Motivation

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

The Coca-Cola Environmental Sustainability Claims

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...

Implications of Educational Attainment on Stress Level in Job

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

Management Accounting and Other Organizational Functions

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....

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...

29 Leadership Secrets from Jack Welch

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

Employee Motivation: Rewards, Goals, Empowerment

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

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....

Financial Ratio Analysis of the Restaurant

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,...

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...

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...

Economy and You. Electrical Engineer Professional

Introduction Career choice is considered to be an important step in everyone’s life. Job is an integral part of human activities and it should be balanced with one’s interests and mentality. To achieve global goals and make a successful career it is necessary to make a right choice evaluating personal...

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...

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...

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...

Information Systems. Electrical Contracting Industry

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

Cultural Influences and Managing Organizational Change and Development

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

Employee Motivation and Reward in Entrepreneurial Firm

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

Semco Engineering and Grimsville Borough Council’s Management

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

Asda Stores’ Business and Management

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...

Recruitment and Retention in Global Management

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

Performance Management: Aspects and the Levels

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

Exxon Mobil Corporation’s Budgets

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

Advantages and Implementation of Test Marketing

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

Crystal Pool Resort’s Analysis

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

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

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

Organizational Design: Supply Chain Management

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

Operations Management in Thai-Lay Fashion Company Ltd.

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

The Relationship Between Customer E-Support and Phone Technology

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

Thai-Lay Company’s Business Plan Outline

“The competitive strategy for an established firm to start a new venture and launch a new product must be shaped by the characteristics of the firm, the market, and other environmental factors.” (Block and MacMillan, 1999). “Selecting a target market segment for a product rather than attempting to sell to...

Juan Evo Morales Ayma & Hugo Rafael Chávez Frías

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

Managing the Marketing Environment

Marketing Marketing is the process of planning and executing the concept, price, promotion, and distribution of ideas, goods, and services to meet individual or customer and organizational objectives. The five important concepts in marketing are production concept, product concept, selling concept, marketing concept, and holistic marketing concept. In the product...

Managing People: How People Can Be Managed?

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

Strategic Management: Importance of Leadership

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

Supply Chain of ERP Company

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

A Management Accounting Analysis of the Organisation

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

eBay: Advantages and Disadvantages of Online Shopping

The rapid development of information technologies (in particular, the Internet) has revolutionized practically every sphere of our activity. Online shopping is a relatively new phenomenon but its influence on our lifestyle has already become noticeable; a vast variety of commodities are now readily available on the Web, consumers can purchase...

St. Louis: Rocky Mountain Rendezvous by Gowans

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

SmithKline Beecham: Marketing Research

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

Ethics and Audit Risks of Auditing Fraudulent Financial Statements

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

SWOT of Mi Tenda

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

Accounting. Current and Non-Current Assets

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

Ashoka Incorporation: Employees Motivation

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

Richard Branson & The Virgin Group of Companies in 2007

Problem Summary Virgin Group, Ltd. was founded in 1970 and is based in London, the United Kingdom. The group underwent rapid expansion in the late 1990s and diversified its business into different, to a great extent, unrelated areas. The groups’ expansion policies did not follow any plausible commercial logic, rather...

Role of Financial Manager in Company

A financial manager in an organization is the individual who, following the accepted principles and processes of accounting, is charged with the duty of managing the organizations’ financial programs, tasks, and systems in the general areas of accounting, staff payroll, the accounts payables of the organization. He also has the...

Development of Financial Forecasts in Organizations

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

Sexual Harassment in the Workplace and Complaint Procedure

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

Technology One Limited Explained

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

Sources of Finance Analysis

Finances are required for starting a business and for expansion and development of the business. Appropriate access to sources of finance for a business largely depends upon the type of requirements of the business. Businesses require finance for long term as well as for short term purposes. Sources of finance...

Attracting Consumers with Blogs, Vigilante and Counter-Blog Marketing

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

Risks to Staff Motivation and Morale

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

Employee Motivation: Self-Directed Work Teams

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

Walt Disney Application Form

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

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

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

Equipment Corporation Plant: Managerial Attitudes

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

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

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

The Field of Employee Relations

Introduction The employee relations have been changed last 30 years for many reasons for developing for information dissemination, employee feedback and employee assistance program. These are a most important factor which provides significant change. By virtue of the European Communities Act 1972, UK incorporated all EU law in domestic law....

Integrated Supply Chain Management Strategy Ford

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

Economics & Human Resource Management: Outsourcing

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