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: Payment for purchase of garments raw materials Wages and salaries to workers and staff Purchase...

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...

Benefits and Disadvantages of Leasing

Every organization in the world needs assets for the successful running of the activities they are engaged in and in the process faced with the choice of buying the asset or alternatively leasing it. Buying implies acquiring ownership in the asset and can be defined as “…. obtain ownership of...

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...

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...

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...

Boeing Company’s Project, Cost & Value Management

This paper would analyze certain vital elements of these paper-including elements such as project uncertainty, risk management quality management, forecasting, budgeting, appraisal of the model, value analysis amongst some. Besides reviewing the project itself, this paper would also seek present a cross comparisons of the above elements between the Boeing...

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...

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...

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...

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...

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...

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...

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...

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...

Business Scope in Global Logistics

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

Nuts!: Southwest Airlines’ Business Success

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

The Problems in Managing Employees in Modern Organizations

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

American Express. Customer Service Operations and Excellence

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

Creating a Corporate Style Guide for Employees

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

Ford and the Firestone Tire Setback

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

Deontology, Christianity and Codes of Conduct

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

How to Implement Harvest Strategy in Business

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

The Ohio’s Manufacturing Environment: Lost Time Accident Rates

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

Purchasing a Business Intelligence System

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

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...

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...

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...

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...

Starbucks Corporation’s Entry into China

Company Background The Starbucks Company is a popular brand operating in over 40 countries around the world. The company was initiated in 1971 in Seattle, on the concept of the Italian roadside café’s and bistros which served snacks, small meals along with freshly brewed espresso coffee. The business process of...

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,...

Supply Chain of ERP Company

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

A Management Accounting Analysis of the Organisation

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

St. Louis: Rocky Mountain Rendezvous by Gowans

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

SmithKline Beecham: Marketing Research

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

Ethics and Audit Risks of Auditing Fraudulent Financial Statements

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

SWOT of Mi Tenda

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

Application of Technological Success in Toyota Motor Corporation

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

Accounting. Current and Non-Current Assets

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

Ashoka Incorporation: Employees Motivation

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

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...

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...

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...

Human and Other Assets for Business: Marketing Aspects

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

Human Resources. Managing and Leading People

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

Managing People: Discussion of the Rational Decision-Making Model

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

Intelligent System for Management

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

Strategic Management: Art of Planning Business

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

Innovation and Creativity Factors in Management

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

Exxon Mobil Payroll and Foreseeable Changes

Abstract This short paper will examine the payroll size of Exxon Mobil Corporation and present figures for groups expenditure in lieu of its payroll. Furthermore, it will also discuss certain issues which have been made headlines as the company plans to save up from changes in its payroll. Main Body...

“Marketing Insight” by Kotler and Keller Review

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

Housing Industry Affected by the Economy

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

Tengelmann Group’s Information Systems Change

Introduction Implementation of information systems is influenced by strategic goals and aims of the company, demands of the internal and external environment. The impact perspective argues that information systems have a major influence on the shape of organizations and the nature of managerial work. From this perspective, information systems will...

Group Dynamics, Managing Conflict, and Managing Stress and Employee Job Satisfaction

“High cohesiveness in a group leads to higher group productivity.” Do you agree or disagree? I agree that high cohesiveness in a group leads to higher group productivity because productivity is also defined as the ratio of resources used to produce the output. The quality of decision-making within the group...

Associations and Project Organizations in Business

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

Organic Garment Market in the United Kingdom

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

Aspects of Efficient Organizational Systems

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

Knowledge Management: Modern Focus by Prusak

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

Industrial Relations: Work and Employment

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

Information Systems in Aurora International Trading

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

Decision-Making Process and Flaws in Management

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

Positive Accounting Theory in Management

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

Management Concept: Organization Culture

Introduction Organizational culture is the one that determines the behavior of the organization as a whole since the kind of values and mentality that the people running the system have in mind are dependent on the organizational culture. New employees that have different mindsets from that f the culture are...

Contemporary Management Skills: Development Plan

The intention of this three year action plan is to craft a spotlight on developing management skills. My strengths and weaknesses as well as the challenges and needs to overcome my weaknesses and improving upon some areas will form the backbone of this three year plan. This plan avows that...

Employment Relations and Human Resource Management

During the last 30 years, there have been significant shifts in employment relations and the HR management field of study. In today’s competitive workplace employers must remain attuned to the needs of their workforce. Those who do will have a distinct advantage. One of the tools being used by global...

Thai-Lay Fashion Company’s Marketing Plan

Introduction Thai-Lay Fashion Company is a well established garment manufacturing company in Hong-Kong. In order to compete with the continuously changing business environment of garment manufacturing, and to sustain its market share, it needs to develop a modified marketing plan considering the financial and economic conditions in the environment. “In...

Chemicon Plc’s Risk Assessment in Democratic Republic of Congo

Introduction DRC, or the Democratic Republic of Congo, is the third-largest nation in the continent of Africa. Its name Congo denotes “hunter’ as it was termed by an ethnic group in Congo River Basin. The nation is widely affiliated with Southern Africa as a member of the Southern African Development...

Subprime Mortgage Crisis Analysis

Introduction The purpose of this study is to bring to light the mechanism of an economy and banking system. The study focuses on subprime crisis that has hit the US in the last two years. The study throws some light on the adverse effects of the crisis on the US...

Executive Level Financial Report

Executive Summary A multinational company is a company that is engaged in producing and selling goods or services in more than one country. It is a company that has headquarters in one country and operations in one or more countries. The main objective of MNC is to maximize shareholder wealth....

Marketing Challenges Faced by Newly Launched Products in Hong Kong

SEIKO, the world’s leading watch manufacturer is one of the subsidiaries of Seiko Holding Corporation. SEIKO Watch Corporation became an independent company in the year 2001 to be able to offer better products to consumers around the world. The company introduced an innovative product in early 2008, Seiko Premier Kinetic...

Product Marketing Obstacles and Decisions

Determining What Consumers Want Plumbing the human mind has to be the final frontier in marketing, as in many other social sciences. For the tool that yields unvarying insight into what human beings really want under all circumstances just does not exist yet. This is a challenge that renders long...

The Aspects of Managing People

In this session it is proposed to take up the aspects of managing people with regard to social skills and expertise necessary in order to take optimum use of people skills. There are several aspects of man management and they relate to the following: Motivation Achievement Recognition Responsibility Advancement Motivation...

Modern Technologies in Business Management: Accounting Information System

For an accounting degree to be recognized by an Australian professional bodies like ASCPA, ACA and NIA, it must include an information systems unit. Information systems unit is the way in which a business firm keeps and maintains its books of accounts. The well maintained books of accounts form part...

Service Marketing and Product Marketing Definition

Marketing is the process of distribution of products and services in order to satisfy the needs and wants of the individuals and also achieving the organizational objectives. Marketing can be of two types, product marketing, and service marketing. Both of these types of marketing are unique and need to have...

Boost Juice Store in Adelaide: Strategic Management

Introduction Organizational structure can be defined as the approach in which a business is structured with regards to management and it usually determines the overall performance and achievement of an organization. Businesses are faced with a lot of challenges in there undertakings as a result of the ever changing and...

Thai-Lay Fashion Ltd.: Leadership and Motivation

Executive Summary Leadership and worker motivation are two important factors in the survival and growth of any organization. A study with regard to how motivation can be improved in the Thai Lay Fashion Company has been conducted here. The organization is a successful garment manufacturer based in Hong Kong with...

Career Management in Business

Introduction From the research conducted I understand that a career is a coordinated set of errands that are carried by a person to satisfy a purpose and also achieve his or her objectives and goals. It is a unit in an organization that remains unchanged thus a career is a...

Organizational Position in Marketing Plan

Introduction Marketing Plan is the broad roadmap to bring the product or service of a firm to the market place. Market analysis precedes the making of the marketing plan. The market analysis provides information on the market size, growth characteristics, buying trends of consumers and trends for the future. (Doug...

Human Resources Management and Organizational Culture

Introduction Organizational Theory and studies focus on the systematic explorations of and analysis of how people as individual 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 management of...

Business Environment and Public Policy: Massachusetts

Introduction Current research provides a comprehensive analysis of the current state of Boston, Massachusetts business environment and the ways of its future revitalization, development and enhancement. There is no denying the importance of the fact that the successful development of business environment in urban areas is premised on municipal authorities’...

The Role of National Training Awards in the United Kingdom

Introduction There is a well known cliché among business circles that an organization is only good as its employees. This suggests that the success of an enterprise depends not only on the quality of the product or service it delivers, but also on the quality and commitment on the part...

Performance Management: Term Definition

Introduction Performance management is assessing the process of achieving goals and objectives to unsure that it is successful through communication and taking the right action. There are functions for evaluating how equipments behave so that effective work is done through proper performing systems and altering the systems that do not...

Gregory Jerralds on Increasing Self’s Profitability

Article “Increase Profitability by Boosting Your Investment in Continuous Improvement” by Gregory Jerralds is devoted to the importance of employee development. Jerralds has over 20 years of experience in leadership and he argues that increasing employee spending is the most effective strategy to reduce operating costs. Despite the personal tone...

Financial Appraisal of Wal-Mart Stores Inc

The chosen company is Wal-Mart Stores Inc. and an appraisal of its financial performance based on Income Statement and Balance Sheet has been made in this write-up using four different methods. As per Stephan Gilman(2007, page 9)1, “A complete grasp of the situation of a business is obtained by the...

Business Plan of Thai Lay Garments

Executive Summary Thai Lay is a fast-moving Garment Export Manufacturing unit for men, women, and children. Over the years, this company has produced innovative, attractive, and colorful clothes to suit different tastes, designs, choices, and preferences, including half and full sleeve T-Shirts for men, women, and children, woolen products, and...

XYZ Organization Quality System

Quality System establishment for a Manufacturing Organization Quality refers to the delivery of projects and products that meet the expectations of all the stakeholders. A project that may meet all the specifications of the client, but may overrun the project or batch schedule hence can not be terminated as a...

National Electric Corporation Review

Statement of the problem The financial performance of National Electric Corporation had fallen short of prediction for all the quarters of 1992 as well as for the whole of the year. This was despite the fact that revenues had increased when compared to the previous year. The problem was even...

BCG and GE Models in Strategic Management.

Introduction This paper to offer a strategic recommendation based on findings from a case involving two divisions as viewed using a BCG matrix where the electric division can be located at the upper right quadrant of the matrix while the appliance division is on the lower left hand of the...

Social Responsibility: Term Definition

Introduction Social responsibility is about how business aligns their values and behavior with the expectations and needs of stakeholders and not just customers and investors but also employees, suppliers and communities and other special groups and society as a whole. CSR describes a company’s commitment to be accountable to its...

Coca-Cola Company. Strategy and Challenges.

The topic selected here for the research is how Coca-Cola Company overcame the public criticism and business conflict with its main competitor Pepsi in respect of promotion of the so-called “Coca-Cola Stuff”.” The paper will examine the efficiency and the very essence of the new marketing strategy by one of...

The Qualities of Leadership in Hospital Service in California State From 1985 to 1996

Introduction This cased study intends at sifting out and discussing the qualities of leadership in organizing and managing the disarrayed relations in the hospital service providers in California State from 1985 to 1996. C. Duane Dauner on his assumption of charge as the President of California Healthcare Association organized all...

Clive Peeters Ltd, Australia. Strategic Management.

Introduction Clive Peeters Ltd of Australia is one of the leading retail chains in the country dealing in a variety of electronic and white-goods. The Company deals over 140 brands with nearly 20,000 different products. Their products include computers and electronics, home entertainment, household appliances like refrigerators, washing machines and...

The Role of Financial Manager in a Fortune 500 Company.

Size A fortune 500 company has been in activity for 500 years in the western world having a tiny fraction of human civilization time span. They have been producing material wealth with immense success and are the major vehicle for the sustenance of world population that is exploding because of...

Leadership Styles and Management in Practice

Being able to get the right direction and getting other people to follow one towards attaining a common objective, instilling a sense of responsibility in them, and obligating them to what they do, is called leadership. (Business Dictionary,2008) It can also be viewed as a vibrant correlation founded on shared...

Exxon Mobil Corporation – Financial Analysis

Introduction This paper seeks to evaluate the performance measurements of Exxon Mobil Corporation using its financial statements for the years 2005, 2006, and 2007. Financial analysis will be conducted to extract relevant ratios from the company’s financial statements for purposes of making this paper. Analysis and Discussion The extracted ratios...

Playboy Models: Unnatural Beauty

Introduction In the present day, beauty has become an object of commerce and production, as the modern canons and requirements cannot be met by an average woman without physical interventions into her body. In the last centuries, beauty was amongst the major virtues of woman as well as the major...

Wounded Warrior Project’s Performance Problem

Organization’s Mission and Vision To promote and provide increased public awareness through transparency, education, and knowledge. The community sensitization and engagement will create advocacy and solicit the society’s aid for the needs of wounded soldiers. The vision of the organization is yielding faithful contributions and support for our most impacted...

Components and Strategies of Implementing Social Responsibility

Introduction Social responsibility refers to the ethical theory that a business entity, whether governmental or individual, is responsible to society. The responsibility of an organization can be positive or negative. Positive responsibility means that the organization is under obligation to act while negative means that the organization has the responsibility...

Optus Company: Organizational Public Relations Problem

Introduction In the conditions of a sharp aggravation of competition and the diminution of the influence on its outcome by the price factors, the position of the separate companies mostly depends on the efficiency and the quality of their personnel’s work. Modern management should consider comprehensively the essential growth of...

Exxon Mobil: Performance Evaluation

Introduction The financial performance ratios look at how well a company has been able to turn its assets into revenues as well as how efficiently a company converts its sales into cash. (Investopedia) The purpose of calculating and analyzing these ratios is to have an insight into the company’s financial...

Spirited Company Pty Ltd.’s Business Plan and Pitch

Introduction Spirited Company Pty Ltd is a startup company located in Minneapolis that offers game and consulting services. The company has a dynamic management team that will be responsible for overseeing its daily operations. Furthermore, a team-oriented and client-focused staff of three, that is, two computer programmers and a part-time...

The Changing Trend in Human Resource Management in Australia

Introduction At the beginning of the 21st century, the traditional male breadwinner model has changed towards greater participation of women in the labor force and new policies introduced by Australian companies to support families. In effect, even under the most generous provision, available only to a small proportion of the...

Management: Performance Measurement in Organizations

Introduction Performance measurement is vital in all organizations because the organizations need to verify the validity of the selection methods; they also need to do performance measurement in order to improve productivity of the organization. As much as this may seem an important and key aspect of management, still it...

Working Capital Management Analysis

Working capital management is often adopted as a strategic managerial accounting function. The main objective of working capital management is to maintain efficient levels of the two components of working capital – current assets and current liabilities – concerning each other. By efficiently managing its working capital the firm would...

The Psychological Effects of Downsizing on Employee

The term ‘downsizing’ refers to the reduction of the workforce through either voluntary or involuntary means or a combination of both. Before the early 1980s, organizations were forced to reduce their workforce whenever they experienced stress and not much thought was given to it. In recent years, however, there has...

Description of Performance Appraisal System

Introduction Performance appraisal serves the purpose of having a deeper look into the performance delivered and efforts applied by the employee. It provides an opportunity for the management to review the performances of the workforce and reward the deserving ones while providing opportunities for improvement. Though there are several performance...

Modern Jobs: Bookkeeping, Accounting, and Copywriters

Bookkeeping, Accounting, and Auditing Clerks These jobs are three of the most important in the company. Any company of whatever industry always fills these positions as soon as the company operations have started. It is revealed that these positions are offered in many different ways like temporary, contractual, or full-time....

Marketing Management Analysis of FedEx Company

Introduction More and more people are earning their livelihood by working staying at home. Work-at-home manufacturing is flourishing with a miscellaneous huge of profits earning chances. Workers from back-office data entry to supervision staff are able to achieve part or all of their works at home. The telecommuting alternative is...