11286 samples of this type
Introduction Over the years, women have faced discrimination and other forms of challenges in society. This is especially so in the business world, where the market seems to be controlled by men alone. Many business fields are dominated by men, and women control only a small portion of the market...
What is business ethics? Business ethics is the field of study that is concerned with standards and principles that guide the behavior of firms in executing their business (Ferrell, Fraedrich and Ferrell, 2011). In management, business ethics is concerned with issues of what is acceptable or unacceptable behavior within an...
Stan Shih along with others founded a company named Multitech International in 1976 with $25,000 and 11 employees (Acer group, 2009). The intention was to contribute to the society through sharing of knowledge and they played a significant role in popularising the role of computers in Taiwan. During the same...
Team dynamics For an effective business, leaders should ensure they have orchestrated teams that are focused and responsive to the needs of an organization; to develop the teams, managers need to understand their team dynamics. Generally, teams are formal groups within an organization; formal groups have some set goals and...
At the end of 2003, IBM offered to sell its PC Department (PCD) to Lenovo; Lenovo agreed and purchased it in 2004 (Liu, 2007, pp. 574-575). In this paper, we are going to discuss this decision from the perspective of acquiring sustainable competitive advantage by Lenovo. It is stressed that...
Justification for Topic choice Customer service is an area that has been of concern to researchers and other practitioners since it plays an important role in improving the performance of businesses and encouraging customers to remain loyal. Customers have different orientations and this may lead them into attaching varying importance...
Employee union Organizations with unions should not try to persuade workers to decertify their union since these unions are a critical part of employee welfare. Reflectively, the basic building blocks of labor unions are identified as the need for collective bargaining and increased negotiation power. Labor unions are responsible for...
Structured Abstract Purpose This paper explores the benefits accrued by organizations or institutions by embracing the modern methods of managing information. An efficient business needs thorough and methodological information management, which includes processing of information and making decisions. Information management system offers the information vital to run an organization effectively....
GM’s portfolio of projects with project type matrix and project life cycles Project portfolio is also referred to as the company’s aggregate project plan. Its primary purpose is to define whether the organization succeeds in managing all the projects it has. It is made to see whether the company is...
Everyday we are dared to make proper decisions, normally with limited ideas under serious time restrictions; this requires critical thinking. Critical thinking is a type of thinking that occurs as a result of correct estimation of the arguments and evidence and thus coming into conclusions that are optimal by the...
Briefly explain Human Resource Management – ensure you explain the various activities that are conducted under HRM. Provide a variety of research in your explanation. In modern literature two versions of Human resource management have been emphasized these are the rational approach which emphasis on aligning business strategy and Human...
Introduction The book “Organizational Behavior” by, MeShane, Olekalns, and Travaglione, offered a detailed training on different issues facing organizations; the main focus was teams and their management. Posting of chapters 4, 5&6 and 7 were the most interesting postings as far as I am concerned. The chapters discuss different issue...
Introduction Currently, many organizations strive to embrace cultural diversity so that all their stakeholders can feel welcomed. However, achieving cultural diversity can sometimes be challenging. This essay, therefore, carries out an audit on the Grant Thornton International Web site evaluating its efforts to embrace cultural diversity. From the onset, the...
What is operations management? Why is it important? Is a good knowledge of operations management more important in service or manufacturing industries? Explain your answer. Operation management can be defined as a system of theories and strategies aimed at optimizing the processes occurring in the setting of entrepreneurship or aimed...
The Research Question(s) Addressed by the Study In the study, the authors sought to determine the correlation between different approaches that could be used in understanding the employment systems and customer services, dismissals, and quits in an organization. Therefore, the most important questions that the author addressed, include; “which management...
After Thomas attempts at expanding the business to Hungary, he immediately faces a variety of issues, the one related to the culture being the primary reason for him to fail so miserably. Thomas has no idea how to motivate the local staff, as most of them either do not meet...
Introduction Conflicts prove to be an inevitable element of one’s social life. In many cases, disagreements between individuals and their groups are not destructive; moreover, they can actually contribute to the development and prosperity of the whole community. The function of a conflict is drawing attention to the problems that...
I have understood different business tactics and way for implementation of different plans to develop successful operational products within an organization by experiencing different instances where I had to come up with different problem-solving methods. Until or unless, one does not dive into the real practical work, it would be...
What exactly is knowledge management and how does it apply to IT? Knowledge management is traditionally defined as a set of rules and principles in accordance with which information is acquired, transferred, processed, distributed, and utilized by employees and members of a specific organization. While the given definition is rather...
This essay looks into marketer’s interaction with youth and children. Due to enabling technology, government control over the interaction between marketers and the youth continues to wan while marketers, buoyed by technology, continue to increasingly access youths and children using cunning methods. This trend has to be checked and measures...
In the third paragraph of the article “Weight watchers”, the author highlights the ineffectiveness of imposing high taxes on cigarettes to discourage consumption. The author indicates that the response by smokers to hiked cigarette prices mainly depends on their purpose for smoking. The view of the detrimental effects of high...
What is a managed care plan? Provide examples and briefly describe the basic characteristics of each A group care plan, which has been put together in accordance with the new standards, is usually referred to as a managed care plan. In contrast to the plans written in compliance with the...
The purpose of this paper is to discuss the various enterprise resource planning (ERP) software packages that are commonly used by businesses to manage their operations. The ERPs that will be discussed include People Soft, SAP, Oracle, Microsoft, and Epicor. The discussion will highlight the features of the ERPs and...
Introduction Tesla Motors is an American-based company that manufactures electric trains and cars at affordable prices in the American, European and Asian markets. Its name was adopted from an electrical engineer and physicist Nikola Tesla. This paper will discuss the competitive and financial analysis of Tesla Motors. Financial analysis In...
The rapid changes in the labor market in both developing and developed economies have made employers think about how to adopt sustainable strategies that can assist them to remain relevant in the global and dynamic market. Advanced economies such as the US, Japan, and the UK are expected to experience...
Personal experience I have been working as an employee for a five-star hotel for the last six years in California. From experience, the service industry requires efficient and orchestrated coordination of functions between managers and the rest of the employees. In the last six years, I have noted how the...
Introduction The importance of designing the package and logo to brand a product is indisputable. The amalgamation of the three aspects, the package, design, and logo create the imagery of a brand. This paper discusses the packaging, logo, and branding of Wicked Laser torches. This will help to understand the...
Issues in Accounting and Ratio Analysis According to Callahan et al (2007), “Accounting is the process of identifying, measuring and communicating economic information to allow judgment and decisions by the users of the information.” The accounting information must be reliable, relevant, complete, and understandable. Accounting as a process contains two...
A staffing plan for Red, White and Blue Fireworks Company Days no Monday Tuesday Wednesday Thursday Friday Saturday Sunday 1 10 10 10 10 Day off Day off Day off 2 Day off 10 10 10 10 Day off Day off 3 Day off Day off 10 10 10 10...
Pearson PLC is the leading education and book-publishing company in the world, and it is headquartered in London. Since the establishment of the firm, various management teams have been focusing on adopting the most effective approaches to realise excellent performance outcomes. Organisational capability can be defined as the ability of...
Introduction Before his death, Irving Lester Janis was a retired professor from the University of California and a renowned psychologist based at Yale University. Janis was a nonfiction writer and he did extensive studies on team dynamics, which led to the book, Groupthink: Psychological Studies of Policy Decisions and Fiascoes....
Introduction Despite the economic downturn, pursuing a career in the construction industry is still a rational goal that one can set his eyes on, and achieve. People will still want to build more houses and businesses will still need more facilities to expand, keeping the demand for this industry constant....
One of major issues the organization is facing is lack of strategic management. The interim director as well as employees understand the need for change but there is no particular plan how to handle the change (Rubino, 2014). Another issue is inappropriate attitude towards the organization’s rules and culture as...
An Addendum to the Risk Assessment Matrix The new project that seeks to increase the number of telecommuters at Xemba is a very ambitious strategy that is meant to lower the cost of operation and increase the efficiency of the employees. However, this project has a number of risks that...
Introduction Pearson PLC is a multinational media and education company. It has its headquarters in London. It is the world’s leading book publisher. In addition, it has over 40,000 employees in more than 70 countries around the world (Grant 2008). The company delivers its content through a wide range of...
What I have learnt about leadership What I leant from the Kouzes and Posner articulation concerning leadership is how to get extraordinary things done within the organization. I came to understand that leadership is about getting the team members do what is expected. In order to succeed, as the leader...
Compare and contrast quantitative versus qualitative analysis and discuss two situations that warrant only the use of qualitative analysis. Defining the severity of a risk is essential for enhancing the project viability and addressing the possible issues in a timely and efficient fashion. Consequently, the application of the appropriate risk...
When doing business globally, it is crucial to take into consideration the meanings and sounding of the product names and logos into the languages of the cultures a product target. Chevy Nova produced by General Motors was very popular in the USA, yet in South America it had no success...
Case study summary In the article, it is highly illustrated that managers, in an organization should have a responsibility towards their stakeholders. A stakeholder is anyone who contributes positively towards the running operations of an organization. He or she should affect the development activities in an organization. The activities towards...
Courses of Action Do Nothing If I were Amora Srinivar, I would choose to sit back and watch as events unfold because my immediate supervisor has no confidence in me. There is nothing that can be disgusting as sharing ideas with someone who undermines your efforts. The supervisor is one...
Introduction Attendance of the ‘Vacant Positions’ presentation held on 21st December 2010 in Mykonos Grand Hotel presented me with an opportunity to gain more insight into the hotel industry. The presentation gave a comprehensive analysis of the hotel industry. Through the presentation, we were able to evaluate the feasibility of...
In business today it is not uncommon for customers to pay for goods and services using credit. The bulk of these credit facilities have been made possible through the banking industry and its increased use of computer networks. The increased push towards globalization and expansion of markets has made the...
I want to become an international businessman. In my opinion international business is an exciting field. In order to pursue this career, one should acquire certain skills and traits that are paramount to succeed in this field. The plan to become an international businessman requires three supporting details or supporting...
Images Paper The six-images framework is a mental model that describes various roles performed by change managers as well as their perceptions of change management. According to this approach, these people can act as directors, coaches, navigators, caretakers, nurturers, and interpreters; their exact role or roles may depend upon various...
Introduction In my life, I have been on the lookout for an incomparable leader to shadow. One day I went shopping at one of the outlets of Mac’s Convenience Store where I met the store manager, Ramesh Thuong. From then on, I became very fond of him since any time...
The focus of this paper is the article titled “Host Country National Willingness to Help Expatriates: The Role of Social Categorization and Exchange” by Arup Varma, Shaun Pichler, and Pawan Budhwar. The work was published in 2016 on the Research Gate database and is a part of Global Talent Management...
Probability theory The basic probability theory is a tool that is used in decision making and risk management to solve difficult analytical problems by use of difficult integrals (Durrett, 2010). The results depend on random occurrence of infinite or finite events based on events that occur in a given probability...
Describe the structure and culture of an organization. List the weaknesses and strengths. How does the structure and culture of an organization influence the behavior of its members? What are your recommendations for improvements? There is no use denying the fact that every organization has its structure and culture which...
Article Summary The above article discusses the strategies that the Samsung Company uses to market its various products in the local and international markets. The authors note that the Samsung Company boasts of a strong vertical integration in its industrial organization. From a single location, the company controls its designing,...
Business Process Models Order fulfilment model As a mobile phone and accessories retailer, Azzaz must streamline its activities to support process integration and respond to demand changes. The BPM workflow showing Azzaz’s order fulfilment process is shown below. The model will enable Azzaz to expedite its current point-of-sale ordering to...
Discuss how the economic environment has influenced the need for talent management practices Several economic issues have increased the need for talent management practice. The most recent economic issues are the recession that influenced the entire world market, it is important to note that with the right people in the...
Name of the interviewee, his position, and the company he is working An informational interview is usually conducted to gather more information about a field of interest and therefore help an interviewer make an informed choice in the career path and other aspirations. The interviewee in this interview process is...
Introduction Marketing is a very important pillar in business that enables activities to be carried out for the satisfaction of a given demand. The process of marketing involves lots of activities that are geared towards the selling of products and services. The process of marketing means making the products or...
What item and /or brand defines you? Why does it define you? Among the many things and brands that I love, the one that defines me is coffee. In particular, I love Starbucks’ coffee. I fell in love with coffee back in the days when I used to take caffeinated...
Ideas of innovators This article, “The World’s Most Innovative Companies,” lists five ideas from the innovators. Here are three of them. The first is about bringing people together. When face-to-face teams are used in an organization, it results in the lowering of late-stage conflicts and speed development times. Secondly, when...
Market growth Market growth is defined as the increase in demand for a particular good or service over a given period (Kotler, et al, 2008). Depending on the selling features of the product, the market growth can either be slow or fast (Kotler, et al, 2008). For instance, the Voice-Activated...
Evaluate this statement: “Internet marketing objectives that are associated with any type of communication strategy in the business resemble those marketplaces.” Internet marketing is gaining popularity day by day because of the fast pace and high-efficiency level that is demonstrated through the use of Internet marketing strategies. Internet is an...
Customers are not getting their orders in a timely manner. It’s your job to find out why. How can the functions of demand management and order management impact your organization’s logistic and supply chain structure? What indicators are you looking for? What actions would you take? Customer satisfaction is one...
Abstract The research was carried out to determine the relationship between problem solving and performance enhancement with particular regard to routine, rational and creative problem solving approaches. The research was carried out by making use of the survey questionnaire as the primary data collection technique and peer-reviewed publications for secondary...
Argue both sides of the Huerta/Calder debate. To which side would you lean? In essence, both the Huerta and Calder sides present invaluable arguments on the most viable system. However, I support the Calder side since their arguments are more reasonable and realistic. For instance, the Calder system has been...
Discuss how the leadership at Home Depot intended to use its organizational talent to gain a competitive advantage in the Do it yourself industry The leadership at Home Depot uses organizational talent to gain a competitive advantage over its competitors by using programs within the Home Depot organization. Such programs...
Is there a reasonable basis for believing that the company is discriminating against women? If so, explain what it is and, if not, explain why not? Yes, I do believe the company is discriminating against women employees based on these points: First Consolidated Chicken products employment ratio of Men to...
The Situational Leadership Theory (SLT) was proposed by Hersey and Blanchard in their work Life Cycle Theory of Leadership (Hersey and Blanchard, 1969). According to this theory, there is no optimal leadership style. A leader should choose a type of behavior due to the follower’s competence and attitude toward work...
Abstract Business ethics and dilemmas are common in organizations and require people to make informed decisions to ensure they do not compromise the quality of goods or services offered. Lovell, Fisher, and Valero-Silver argue that human behavior is usually motivated by the desire to meet their needs. This paper examines...
Introduction In the contemporary business sphere, international companies have taken on different growth and expansion strategies. A merger is one of the most commonly adopted approaches. Ravenscraft and Scherer defined a merger as a statutory combination of at least two companies by transferring the properties of one business to another...
Problems with some of your current suppliers have caused your organization to consider alternative options in procurement. Your boss has asked you to prepare a brief detailing the options available to your organization, including the use of e-procurement and e-sourcing. What should be included in your brief? When it comes...
In your opinion, what are the pros and cons of managerial decision making based on intuition, as in the current Alfa operation? Pros In Alfas’ current operations, several advantages of managerial decision making based on intuition can be identified. First, intuitive managerial decision making is the best in changes that...
Gerber defines total quality as a process of gradual improvement in the delivery of products that satisfy consumer needs, as a mirror of its excellence (Evans 50). It is an organizational-wide effort encompassing several procedural ideas. It begins with fostering a spirit of teamwork throughout the organization. Once teamwork gains...
Getting orders to your customer in a timely and efficient manner is crucial to the overall success of an organization. What strategies would you use in fulfillment and distribution? Why? What role does logistics and supply chain management play in fulfillment and distribution? Can information technology be integrated into fulfillment...
Howard Schultz’s idea of Starbuck was to provide not only quality coffee but also the best service and atmosphere. Schultz’s created a chain of coffeehouses with a differentiation on its product which included specialty live coffee, quick service and a cosy relaxing ambience that offered a break from the their...
Introduction According to Ricks, male dominance is still the chief characteristic of the modern-day international business (78). Additionally, while the women population makes up a huge section of the workforce in individual countries, they only represent 6% of the business expatriate (Ricks 83). However, the situation is rapidly changing. Organizations...
It seems reasonable to state that the Metro New Orleans area is quite significant for the restaurant industry. Hence, a comprehensive SWOT report on a notable actor in this area is a relevant action to undertake, and Ruth’s Chris Steakhouse might be the one. There are two Ruth’s Chris Steakhouse...
Introduction Martha Stewart had been enjoying a successful career up to the year 2001 when she was accused of insider trading and other related charges. These allegations had a heavy blow on her career and her organization, MSO, which she had worked hard to ensure its sustainability and profitability in...
Introduction and Background The concept of employee training has become a common subject for researchers and practitioners over the years. The primary principle behind training is providing a workforce with flexibility and freedom in making decisions related to work based on knowledge and skills. This is an anti-thesis of traditional...
What is the primary barrier to entry in the operating systems market? How does Netscape’s product threaten to remove this barrier? Microsoft has succeeded in creating a monopoly in the operating systems market with its Windows operating system. To start with, running an operating system requires very many software programs....
Management refers to all the activities and one’s duties undertaken by one or more persons to plan and control the duties and activities of others to do a given goal or complete a given duty. Management also involves staffing, directing, and controlling the employees of a given company or organization...
Introduction Recently, there have been a number of cases that have been reported within organizations that concern the issue of administrators in big firms utilizing their Information Technology expertise to avoid paying taxes and using their rank to mistreat other members of staff to the extent of developing personal relations...
Introduction Operations management is a key aspect in an organization and centers on planning and control of an organization whether a product or service through study of concepts from several engineering angles such as design, industrial and management which comprises information systems, production and accounting. Customers of different companies order...
Introduction The day-to-day affairs of a corporation depend highly on various people. It is important to note that a corporation has an influence on all these people, either directly or indirectly. However, each category of stakeholders in any corporation has diverse needs and expectations of the corporation. It is human...
Introduction The Internet constitutes one of the most important innovations in communication technology. Unlike traditional media such as print, audio, and audio-visual platforms, the Internet fosters two-way communication. Search engines permit people to acquire information at a swift pace by eliminating the necessity of perusing through pages, as in the...
Analyze international markets and assess the risk elements, including political, economic, and socio-cultural factors Nowadays, L’Oreal is considered one of the world’s most commercially successful cosmetic brands. The validity of this statement can be well illustrated, in regards to the fact that, as of 2002 alone, the company declared a...
Introduction A marketing system is brought about by the interaction of people (Kotter, 1980). A marketing system can have adverse effects on people (Armstrong, 1987). Marketing has improved customer satisfaction, quality of life, and the consumption of goods in several countries (Steward, 1973). In order to reduce the adverse effects...
Introduction Online market retailing is the process of allowing interaction of the market products through the use of internet facilities. Modern activities are involved in these processes, which include browsing to determine the availability of on line shops, identifying the prices of different products, selling the products, branding the products,...
Abstract Technical communication, in a broad sense, can be described as a form of communication that encompasses qualitative and, to a greater extent, quantitative forms of research. It has an aspect of research and generates more information about technical processes that are related to an intended audience. Taking in-depth scrutiny...
Introduction To provide a proper demonstration, the presenter needs to provide a brief questionnaire to the target audience (Pearson et al. 259-268). The information collected will help the presenter understand the specific needs of the audience (Devito 35). Below is the questionnaire that I will present to my audience. Q1.Do...
Introduction Overstock.com is an organization that is based in the United States of America. The company was launched in 1999. Overstock.com conducts its business online. This article evaluates the mission and vision statement of Overstock.com. The paper will also focus on the major stakeholders of the company and how it...
Amazon, Inc. is a global company that has developed particularly as a result of acquisitions. For instance, Amazon, Inc. purchased Whole Foods Marketplace in 2017, and the company’s revenues are now part of Amazon’s consolidated financial statements. Amazon’s corporate structure allows for consolidation by using a hierarchal framework, with varying...
Abstract This research study offers a detailed description of various focus groups that were carried out among employers. The study was conducted in the Midwestern state using 10 different communities that were made up of 10 focus groups. To obtain a fair representation in the research study, all the segments...
Introduction When a firm proposes to buy the shares, stocks, or assets of another similar firm it is called acquisition. The process of acquisition is complete only when there is a concrete agreement signed by two or more parties. The acquisition process requires huge financial input because; firms have to...
Introduction Ethics in the office is usually taken for granted. When we are busy with our job, focused on increased profitability, we usually forget simple things that are needed in ordinary business dealings, or common conversations with office mates. This is true for me. I have been a leader most...
In his 1999 article ‘Training is the answer… but what was the question?’, Bob Rosner promotes the idea that, in order for a training process to prove effective, it must be 100% consistent with the notion of purposefulness. Among the main principles of ensuring this process’s successfulness, Rosner proposes the...
SWOT and Pestle Analysis SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) deals with the external and internal factors affecting the business activities. The strengths of Ben & Jerry’s business included the experience they have in the operation of the business that helped them to specialize in the business. The business...
Fact 1: why is this problem? This is found to be a problem because the flow of information from one point to another is indeed very crucial to any business venture. Through information technology, business units are in a position to fully equip themselves with the transfer of knowledge as...
Introduction The concept of business ethics is understood differently by various people. However, it all comes down to doing what is right in the workplace as dictated by the set rules and regulations regarding the conduct’s effects on products, services, and interactions with stakeholders. These norms which are in most...
Abstract The Abu Dhabi Ports Company is currently experiencing an upsurge in maritime traffic. The development exerts pressure on its core functions and affects the efficacy of non-core functions like procurement. The overall performance of the organisation depends on the collective improvement of the company’s operations. In the current paper,...
Employment practice The topic for the research is Wal-Mart’s employment practice, so the major focus of the paper will be made on it. To provide a good analysis of the topic it is important to limit it to a specific area. It is suggested that the employment practices in Wal-Mart...
Introduction In the essay, I am going to give my reflection about a group presentation in a Business Studies class. The essay will focus on my experiences as part of the group as well as lessons learned. The essay will highlight several areas of interest. These areas include giving the...
Professional Ethics, Major Problems The Chapter under consideration discusses the problems of professional ethics. Arens et al. provide several definitions and theoretical frameworks explaining the importance of professional code and rules of conduct in the working environment (76). In the sub-points 4-10, the chapter provides information about the Code of...
What are the glass ceiling, glass walls, and the glass escalator and what are their effects on those who are constrained by them? Usually, a glass ceiling is a form of limitation to prevent the upscale of a person to higher positions, based on unfair and discriminatory grounds such as...
What is procedural justice? What strategies should an organization take to ensure that their performance management system is fair? Procedural justice refers to the transparency in the process of issues discussion and decision making on different levels of a company. Thus, procedural justice can be illustrated by the company when...
Introduction Globalization has created opportunities for employees worldwide. It has also enabled employers to recruit employees from every part of the world. However, this has come with its challenges namely cultural differences and conflict resolutions, among others. Of great concern are cultural differences, which have the propensity of causing conflict...
Employee Compensation and Subsidies Governmental contractors and firms that receive subsidies from the state are often required to pay the so-called living wage to their workers. In some cases, this requirement can be applied to every firm operating in a particular jurisdiction (York 223). In this case, the term living...
Introduction For managers to successfully manage and lead organizations, several managerial skills and competencies are a prerequisite. This essay seeks to briefly look at what managerial skills and managerial competencies are. Consequently, the author will nominate human skills and explain it further and show why human skill has been nominated....
The first importance of knowing my ideal work culture is that it would enable me to treat employees with respect. It is important for employees to be accorded reasonable treatment because this motivates them to contribute positively towards achievement of organizational goals. The second importance is that knowledge of my...
Introduction The question of leadership effectiveness has stormed the behavioral sciences for a long time. There has been extensive research on the effectiveness of leadership style and of theories in different areas of work such as business, nursing, education, military, and politics. The leadership in each case has been adjudged...
Identify the attributes you would expect the claims processing Department at MICI to have once the new JIT system is in place With the implementation of JIT system at the MICI, customer claim processing is expected to be processed in a faster way. As indicated in the case study, the...
Identify the problem The problem presented to the organizations affects the entire company but is mostly rooted in the accounting and managerial department. The problem is rooted in the practice of accounting and especially with regards to forensic accounting. This has had the effect of reducing the profitability and accountability...
Introduction An organization requires a workforce working to achieve its goals. The early organization was based on the classical organization theories which failed to capture the “human” aspect of the employees in the organization. An organization’s productivity overrode the employee wellness; the employee was therefore treated mechanically, as a machine...
Encounter I had to use the services of this website because I needed to buy an airline ticket online. This organization appeared to me quite reliable and efficient. They helped me to make this reservation; however, a week later, they sent me an email and said that the airline company...
Definition of Terms and Concepts Organizational Culture Organizational culture can be defined as values and behaviors adapted by an organization. Organizational culture makes an organization to be unique in both the social and psychological environment. It is comprised of organization’s past as well as current assumptions including its values, philosophies...
My job of interest is a brand/product manager. This area lies in the field of marketing. This paper shall first describe the brand/product management and the role of a product/brand manager, before designing the program. Brand/product management is the hub of marketing. The brand/product manager is the focus of a...
Explain At Least Four of the Seven Steps for Setting an Initial Price for a Product or Service Select the pricing objectives In choosing its pricing objectives, a company must first establish what it wants to achieve with a certain product offer. A company can pursue various objectives and they...
Based on the business philosophies of Amar Bose, how do you think the Bose Corporation goes about analyzing its competition? The impetus for Bose Corporation came, not surprisingly, from a sub-par stereo that had been purchased by founder Amar Bose in 1956. The poor performance of the stereo and tough...
For a variable pay plan to be successful, the following factors are important: Works Cited Aidt, Toke, and Tzannatos, Zafikirs. Unions and Collective Bargaining. Economic Effects in a Global Environment. Washington, D. C.: The World Bank, 2008. Print. Belcher, John. How to design & implement a results-oriented variable pay system. New...
What Is Strategy? Strategy according to this article is a way of planning on how a business venture will realize its projected growth in terms of profits. This according to the article includes maximizing service delivery to the customers at the minimum costs possible, reducing both production and operational costs...
Southwest Initial Strategy Southwest’s initial strategy was to avail low fares, especially low unrestricted fares, to business and leisure travels to allow them to fly between short-haul city pairs (departure and destination points) instead of having to drive the distance between the two cities as was previously the case. Southwest...
Question 1: The high profitability of the soft drink industry is as a result of combined factors of high products’ demand and regional market monopolies. There are limited soft drink operators in the market, while the products themselves are complements of other foods and beverages. Low competitions and high market...
Equity refers to fairness or using the same yardstick to ensure that two or more individuals are treated in the same manner. Equity is a fundamental theme in as far as compensation theory and practice are concerned. In compensation, equity involves ensuring that the worker’s remunerations are fair, according to...
Historical Major Competitive Advantages for Apple Apple’s historical competitive advantages included: development of easy-to-use personal computers; innovative industrial design in the development of the computers such as the use of graphical user interface (GUI); technical elegance; development of superior software, and; employment of horizontal and vertical integration. Analysis of the...
Introduction A mission statement is a broad statement, which precisely states and defines what the organization wants to achieve. It defines the greater intent of the organization and it gives the overall goals of the firm that provide a sense of direction and guidance in decision making to managers at...
Introduction The purpose of this memo is to recommend the adoption of a lean manufacturing system at this company. As you are aware, many problems have affected our production process. These include: Late deliveries to customers, underutilization of machines and equipment, increased waiting time as products to be assembled have...
List the advantages of a single customer service center for RR Communications Answer: Information technology has the potential to establish and coordinate a single customer service center in the company, which will take up the tasks that multiple customer service centers (Webster and Robins, 2006). Although this is quite difficult...
Sara Lee’s corporate strategy Sara Lee changes its business strategies so that it can manage to align its operations with market demands. When the company was being formed, it acquired different industries so that it could increase its overall global market share. When this strategy became successful, the company began...
Importance of training the Human Assets in an organization Employees in any organization’s structure are mandated to accomplish the organization’s goals through the formulation of policies and also working towards achieving objectives of the set policies. This aspect has changed the perspective of observing employees as part of the workforce....
What different persuasive approaches would you use on the following audiences: a boss, a peer, a challenging person, or an open-minded person? Why would your approach differ? Different audiences require different approaches to persuading them because they can express various attitudes to you, and they can assess your reliability in...
Executive summary This report contains an evaluation of personal skills alongside professional skills that every significant person requires to successfully manage leadership. It offers a step-by-step analysis of the pest practice principles, characteristics, and behaviors that allow individuals to effectively achieve good leadership. Effectiveness in leadership requires a proper plan...
Self-evaluation or self-assessment as it applies to organisational behaviour and practice is a very complex issue that varies from one company to another. Often, understanding the variable to use in evaluating a leader in an organisation is critical to various business entities. Based on the assumption that one applies to...
First, in an attempt to reduce prejudice, formulating and embracing a company’s culture of tolerance and well behaviour among the different workers could limit the extent to which prejudice is exercised. Restructuring the organisation to be in line with the community will reduce the way in which individual workers perpetuate...
Introduction Urban Outfitters is a company that targets diverse cultural groups around the globe and aims at offering them distinctive casual clothing, housewares as well as accessories. Psychological relation with the customers has facilitated the success of this company. As compared to other retailers, Urban Outfitters’ marketing strategy does not...
Executive summary The Public-Private Partnership represented by SBE Innovations has the two-fold objective of ensuring a fair return on investment and enhancing community life. The benefits of applying Value Management early in the Project include a better grasp of the project objectives by the stakeholders, preservation of high-value functions, reduction...
Executive summary The report will mainly dwell upon the financial ratios in order to assess the performance of Marks and Spencer (M&S 2011). Thereafter, the report will also highlight the weaknesses of the financial ratios when analyzing the financial performance of the business. Finally, the report will also provide an...
Executive summary The public-private partnership espoused by SBE innovations seeks to develop a civic center in the suburban to stimulate development and to enhance the local community. It will have both public and commercial facilities to provide different services to the community. The project has a great opportunity for benefitting...
What would you have done as an HR professional if you had to deal with similar situations Dr. Grant has dealt with? If I was in the same position that Dr. Grant was in and given the fact that I had the same human resource management knowledge that I have...
Introduction A risk is any occurrence that has the potential to alter the progress of a project significantly. A risk may be positive or negative. A positive risk results in desirable consequences for a project. On the other hand, a negative risk brings about some form of loss to the...
Introduction The process of soliciting a competent contractor must scrutinize available bidders to ensure the selection of the one who meets certain requirements. However, it is important to note that there is a particular order of merit in this consideration. For instance, normal criteria will take into account the technical...
Overview As one of the senior managers in the supply chain department, my role at Interclean Company is very diverse. My main responsibility in Interclean is to oversee the acquisition of raw materials used in the manufacturing of products and the distribution of products across the markets. This includes recognizing...
Introduction PDA Sim produces three products (Hand Held X5, Hand Held X6 and Hand Held X7) and desires to come up with a strategic decision about which product to be discontinued from production in the year 2006. The three products are at different stages in the market and an appropriate...
Introduction Profits of an organization mostly rely on a good business strategic plan. In the case of Mountain Bank, the profits have been declining as a result of the poor business strategic plan. The best step forward is to develop a new strategic plan which will enable the bank to...
Effectiveness of the compensation system at Collegiate Promotions There should be other forms of payment in order to boost the morale of sales representatives and hence make them deliver and be more profitable to the Company. There is a big challenge for Collegiate Promotions in motivating the sales representative through...
How the employee selection methods at Outback Steakhouse help the organization achieve a competitive advantage Competitive advantage is achieved through the optimization of the company’s internal and external environment. If a company manages to leverage its structure, it will be far easier for the company to remain relevant in its...
Theory of Motivation Used by Bill Bailey Bill Bailey is a chairman of the board at the opera; so, he can use one of the motivation theories to oppose or support the merger because he has sufficient power and authority to motivate other members of the board as well as...
Introduction Metrics is indeed a powerful management tool in aligning company strategies and objectives and ensuring people are working towards a common direction. Going beyond metrics practice in trying to improve processes and products, managers should strive to fulfill predictable requirements in designing and managing metrics to ensure they are...
Profits earned by an organization have a limit. The capital structure of an organization determines the profit levels which can be achieved. Profits are made when revenues exceed costs and there are many factors that determine the revenues as well as costs involved in trade (Boland, 2005). Over-exploitation of resources...
Similarities and differences in ISO 9000 in manufacturing and service industries In manufacturing, ISO 9000 is normally introduced into a highly structured environment. Normally, these are people who already understand the importance of having worksheets or information systems that they use in production. However, upon implementing the procedure, it is...
How has hiring women and minorities improved Xerox’s profitability? Xerox has been one of the leading companies which favor women in their working condition. In essence, Xerox’s sensitivity to women’s needs was the key to its success in terms of employee performance and personal rating. The company has been able...
Corporate Social Responsibility It has always been the general belief in the corporate world that managers “primarily have a duty to maximize shareholder returns” (Smith, 2003, p.85). But with the recent scandals that hogged news headlines such as Enron, WorldCom, and even factories in China that produce substandard products had...
SWOT Analysis “A SWOT analysis conducted in the process of developing a strategic plan constitutes a serious focus of a good plan” (Kotler, 2000). This analysis will critically identify the strengths, weaknesses, opportunities, and threats in our line of business. Core competencies The name Dynamic Shots is and will in...
Briefly describe the major features you would expect to find in an HR function which has adopted the ‘Ulrich model’ as the basis for its structure. Explain the thinking behind this approach to the organization of an HR function. In what types of organization do you think it works best...
Ethics and supportive systems are critical within an organization. Autonomy is a potential stimulator of ethics in an organization. It refers to the extent to which workers are provided with the independence to plan on how to do their duties. Autonomy has been noted to motivate workers and usually increases...
Selected Company Horace Anderton Clarkson formed Clarkson PLC (Clarksons) as a shipping service provider in 1852. The headquarters of the company is located in St Katharine Docks, London, and Andi Case is the present Chief Executive Officer. The main activity of the company is to act as a negotiator between...
