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...

Daimler Company’s Human Resource Management

Introduction Daimler is a German car company specialized in cars and trucks. The current CEO of the Company is Dieter Zetsche who develops an effective strategic and leadership position of Daimler on the global scale. The application of HRM by Daimler is often discussed from review of human resources investment...

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...

The Ohio’s Manufacturing Environment: Lost Time Accident Rates

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

Purchasing a Business Intelligence System

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

Cafeteria Plan: Main Principles and Usefulness

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

Information Systems. Electrical Contracting Industry

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

Cultural Influences and Managing Organizational Change and Development

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

Employee Motivation and Reward in Entrepreneurial Firm

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

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...

Integrative Negotiation With a Difficult Employee

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

Advantages and Implementation of Test Marketing

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

Crystal Pool Resort’s Analysis

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

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

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

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...

Lawsuit Defense Strategy Analysis

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

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...

Business Planning Process for Entrepreneurs

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

Supply Chain of ERP Company

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

A Management Accounting Analysis of the Organisation

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

St. Louis: Rocky Mountain Rendezvous by Gowans

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

SmithKline Beecham: Marketing Research

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

Ethics and Audit Risks of Auditing Fraudulent Financial Statements

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

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...

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...

Information Communication Technology and Managerial Work

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

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...

Thai-Lay Fashion Company: Marketing Plan Assignment

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

Integrated Supply Chain Management Strategy Ford

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

Green Apple Restaurant: Project Business Plan

A short view of the company Green Apple is a new organic food restaurant which is being established at 30, Al Khalidiyah shopping mall, 3rd floor of Abu Dhabi in UAE. The objective of building such form of organization is to make acknowledged the huge population of the country with...

Economics & Human Resource Management: Outsourcing

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

Employee Relations and Trade Unions

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

Human and Other Assets for Business: Marketing Aspects

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

Human Resources. Managing and Leading People

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

Health Insurance for Employees

Health Insurance is a very important aspect for every individual. However, it is reported that the workers in Nickel and Dimed receive almost no benefits – no paid vacation or holidays, no sick or overtime pay, no retirement benefits, and no health insurance. This is certainly not a fair situation....

Marketing Strategies for Launching a New Brand

Introduction Brand positioning, product differentiation and understanding competitors are three distinctive marketing strategies for launching a new brand in the market dominated by one brand. Through these strategies, organizations aim at make continuous improvement in their product marketing strategies for sustaining in the industry, with a sizeable market share. By...

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...

Service Marketing in Restaurant Business

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

Supply Chain Management in General Electric

In organizations, it is important for management to understand the stage that followed when purchasing their raw materials so that the right products are delivered and produced at the appropriate time. General Electric Company is a multinational organization that is located in America. This company conglomerates services and technology that...

Organizational Culture of Accounting Profession

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

Hong Kong Ocean Park’s Resource-Based Management

Introduction Hong Kong Ocean Park is the biggest park of attractions and entertainment in southeastern Asia. Being marine-themed, the park‘s average attendance is approximately 4 million per year. Several factors promoted to the process of the park’s redevelopment, such as the close competition by Hong Kong’s Disney Land and Asia’s...

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...

General Electric Company’s Supply Chain

The General Electric Company, better known worldwide as GE, is a multinational enterprise, holding a large share in the global economic market. GE is the world’s third largest company, offering a wide range of home appliances, other products, and services. The company works on a four “E” principle, which helps...

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...

Causes and Consequences of the Enron Scandal

Among the many financial scandals that rocked the world before 2001, the worst was the Enron Disaster. U.S Company Enron, which began as a small Midwestern gas pipeline company in 1985, spiraled into the world’s biggest energy trader by May 2001. Its dramatic collapse began in July 2001 and ended...

Apple Computer, Inc.: Strategic Management

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

Frito Lay: Control Measures

The greatest want of any organization or corporate body is to ensure that it meets its objectives and maximize all the available opportunities. This is only possible if the management is able to monitor the performance of the entity with comparison to the predetermined standards and take the necessary action...

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...

Financial Management of Aldar Properties UAE

Business Overview Aldar Properties is currently the largest property developer in Dubai. Established in October 2004 as a real estate developer, Aldar has initiated ventures in the areas such as residential units, retail, commercial buildings, the entertainment industry, and five-star hotels. Currently, Aldar is the second-largest real state developer in...

Royal Mail Company’s Team Learning

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

Aspects of Efficient Organizational Systems

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

Honda vs. Toyota: Comparison

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

Knowledge Management: Modern Focus by Prusak

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

Industrial Relations: Work and Employment

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

Impact of PCAOB on Accounting Information System

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

Information Systems in Aurora International Trading

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

Decision-Making Process and Flaws in Management

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

Positive Accounting Theory in Management

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

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...

Organizational Behavior. Job Design Around Groups

Job design can be defined as the specification of the contents, methods, and relationships of jobs in order to satisfy technological and organizational requirements as well as the social and personal requirements of the job holder. It aims to satisfy the requirements of the organization for productivity, operational deficiency, and...

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...

Human Resource Management and Performance of the Organization

Introduction A strategic approach for organizing the most valued assets of management is referred to as Human Resource Management. Valued assets are said to be the people who are working for the company and contribute to the success and progress of the company. The success of the company relies on...

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....

Employee Satisfaction Proven Effects on Ultimate Success of a Business

Executive Summary Business success is achieved through a working implementation of a multi-dimensional stratagem that will harness the efficiencies of the entirety of an organisation’s facets. Organisational fronts have to work together in synergy towards the accomplished of shared and declared goals. Many organisations that have downplayed the importance prioritising...

A Toy Company: Price vs Product

Introduction A toy company should take into account that there is no one best price to charge for a given product. Once the need to set or change a price has been recognized, the manager must determine what he or she is trying to accomplish with this particular price. The...

Exxon Mobil Corporation’s Sales Strategy

The Exxon Mobil Corporation is an Oil and Gas Industry based company. The company became the largest company in the world, in terms of its revenue, after the merger between the two companies Exxon and Mobil. The company is also the largest publicly owned company with a market capitalization worth...

Impact of Outsourcing Analysis

Outsourcing is a process whereby a third-party company is hired to do some work for an organization and work that would have otherwise been done within. It is a strategic decision that engages the management in weighing between the likely costs and loss of service or product control. Over the...

Business Plan Critique: Live-e-Care

Evaluation of marketing plan & operation’s strategy Live-e-Care is a web based customer service supports venture that have planned to enter into a market of e-business by providing quality and cost-effective online customer management operation for various companies. According to the reports released by Boston Consulting group, the online sales...

A Paradox: Standard Account of Whistleblower by Michael Davis

This research paper would present the paradox of whist blowing that is investigated by Michael Davis and according to the author himself; the paradox is used to suggest an inconsistency- between theory and the facts. The theory about the standard whilst blowing and the paradox I just not about whist...

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...

Strategic Organizational Communications in a Global Economy

Introduction The article in question is about formation of “organizational identities” through the organizational processes of communication. The author argues that the way in which we talk about work tells a lot about how our identity in the organization is formed as we move up the hierarchy. There is a...

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...

The Details of a Venue Suitable for a Corporate Meeting

Executive Summary Details A meeting with about 50 delegates is being considered. The venue should be able to accommodate a one day meeting for 50 delegates with “break –out” facilities for the delegates to 2 smaller seminar rooms each seating 25 delegates. An 8-hour delegate rate will be calculated. In...

Pay for Performance: Fact or Fable

Introduction Employees are the key drivers of any organization be it profit either making institution or charity organization. People working in any organization determine the success, market competitiveness, and future of that organization. This is the reason why in every organization there is a personnel department. This department helps in...

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’...

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...

Women Minorities In Business Management

Introduction The Report by Equal Opportunities Commission UK, after a study of the number of women in top executive positions has observed that for women to take the position of directors of FTSE 100 companies, just in the same number as men directors, it may take about 60 years. The...

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...

Poka-Yoke Proofing in Non-Manufacturing’ Systems

Introduction Quality as a means of creating and sustaining a competitive advantage has been widely adopted by both manufacturing and non-manufacturing organizations. This strategic stance has been fuelled by the growing attention to strategic quality arising from the international successes of Japanese and other South Eastern Asian countries. Poka Yoke...

Outsourcing in India: Cheap and Reliable.

Introduction Outsourcing entails constricting through erstwhile establishments to carry out business dealings that are deemed “non-core” as well as “non-revenue” producing in the direction of the business dealing. Establishments utilise “outsourcing” facilities on behalf of tasks, for instance “payroll”, invoicing and so on. While these practices may perhaps be achieved...

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...

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...

The Concept of Positioning in Marketing

Introduction Positioning strategy defines how the company products differ from competitors’ products. Therefore, Positioning is the process of designing the company’s image and value offer so that the customers understand and appreciate what the company stands for in relation to its competitors. A Positioning strategy adopted puts a company in...

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...

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...

Employment and Working Conditions: Youth Exploitation

Introduction Young workers are more vulnerable to exploitation as compared to old workers. This exploitation is base on payment and working conditions among other workplace issues. Many employees intentionally abuse the young worker’s rights, and subsequently expose them to brutal exploitation. Main text Employers have power over their employees, whether...

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...

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...