10962 samples of this type
Accrual accounting and cash accounting play an important role in organizational financial management. In accrual accounting, the results of transactions and other processes are recognized upon their occurrence (Zelman, McCue, & Glick, 2009). It implies that costs are conformed with received incomes (e.g., the cost of goods is written off...
Introduction To make elaborate management decisions, there is a need for organizations to analyze large volumes of information and be able to quickly assess the state of the organization in various aspects. In this connection, performance management serves as a beneficial tool to ensure an appropriate developmental direction. Performance management...
As stated in the ISO 26000 guidelines, when enterprises act in an ethical and fair way, they contribute to the development of social welfare. Ethical conduct implies fair recruitment and HR activities, implementation of green technologies, charity, consideration of needs and interests of diverse stakeholders. By following the principles of...
In contemporary societies, people and businesses make decisions frequently. Notably, in business entities, decisions need careful scrutiny and assessment so that the outcome is not detrimental to growth and revenues. Due to the seriousness of the impact that business decisions have on organizational progress, it is important for them to...
It is worth noting that any company should deliver reliable information and provide quality services to its clients and partners. Fundamental ethical principles in accounting are confidentiality, provision of services following technical standards, honesty, and transparency. Careless attitude to the performance of duties and errors or misrepresentation of data in...
The models of the culture of global automobile companies. The model of culture the most appropriate for the selected international competitor Some of the three most known models of culture are Hofstede, Hall/Hall, and Gesteland. Hofstede’s model arose from interviews with employees of IBM in over 50 countries. The other...
Introduction The process of hiring and managing staff for a construction site includes many details that should not be overlooked by the project manager. Although one’s decision to hire subcontractors offers the supervisor an opportunity to employ workers with specific knowledge and skills and reduce possible expenses, some procedures should...
The Ocado Internet shop offers online grocery store experience for people living in the UK territory. Ocado was established in the UK over 16 years ago, and it is now serving over 580 000 customers in the country (Ocado Group 2017). The entire shopping process is conducted online, and Ocado...
Importance of Segmentation, Targeting, and Positioning Segmentation, targeting, positioning, also known as STP, is an important concept of marketing. This concept implies dividing customers into groups with distinct characteristics, targeting the most lucrative segments, and creating unique value propositions for those chosen segments (Gengler & Mulvey 2017). Organizations must find...
Introduction Consumer behavior can be defined with reference to consumers’ choices, their reactions, and created purchasing trends. This factor influences the development of retailer behavior to promote a certain product (Kardes, Cronley, & Cline, 2014). In this context, Apple stores and Microsoft stores are examples of settings with reference to...
Hawaiian Electric Industries, Inc. is the largest electricity supplier in the state. The company employs thousands of workers and serves the local community by providing employment opportunities and the sustainable energy needed to foster the islands’ growth and welfare. We strongly support H.B. No. 1727, Relating to Labor, which aims...
Equal Justice Initiative was established in 1989 as a non-profit-making organization that focuses on providing legal representation to prisoners wrongfully convicted of various crimes (Stevenson, 2015). The founder, Bryan Stevenson, was concerned about the growing number of innocent individuals incarcerated because of their inability to hire competent lawyers who could...
Introduction The manufacturing business environment has undergone considerable evolution over the years. The transformations have been spurred by different causes. Technological development is one of the critical forces that have changed the industry significantly. Manufacturing firms are progressively integrating different computing technologies in the quest to achieve efficiency in their...
Introduction The introduction of social protection can be regarded as one of the most important milestones in the history of humanity. People earned their right to safe working places, proper conditions, relative employment certainty, and so forth (Yeh & Shi, 2013). Countries have different social protection systems that have been...
Introduction This paper is aimed at examining strategic management in Nokia Corporation. In particular, it is necessary to determine whether this management function corresponds to the current needs of this company, and external or internal environment. One of the major tasks is to show Nokia’s strategies are formulated and implemented....
As the CEO of the Cashflow Technologies Company, Robert Kiyosaki implemented strategic task orientation leadership skills on organization task management level to encompass actual and expected outcome of sustainable performance. Through designing personal task management model levels, his task orientation module remained active in developing dependence of interest attached to...
Evaluating Mathias DöPfner’s Strategic Leadership Mathias DöPfner showed exceptional strategic leadership skills in spearheading the digital transformation of Axel Springer. As discussed in the case study, he faced numerous challenges both internally and externally but still managed to execute various innovative plans effectively. It is because of the strategies he...
General description of the Marking Information System Title Marking Information System (MIS) General description The purpose of the MIS or Marking Information System is to help the firm to extract data specifications from the databases. For example, customer managers can create lists of customers giving preference to certain kinds of...
Introduction All entities involved in the management and the oversight of governmental operations and all parties that work in the sphere of local or state finances need to have an understanding of governmental accounting, which is based on a specific set of principles and procedures. Thus, government accounting is defined...
Analysis – Business Process Models and Strategy Analysis Two Business Process Models A standard business modelling notation provides an opportunity to develop business process models that can be understood by all people who work in this sphere regardless of their location and personal characteristics. It also allows bridging the gap,...
Executive Summary The present report focuses on the analysis of internal environment factors in Oman Oil Refineries and Petrochemicals Industries Company (ORPIC) that play the primary role in determining the organizational capabilities for creativity and innovation: workplace climate and leadership. The analysis of the first factor employs Göran Ekvall’s Creative...
Executive Summary The aim of this paper is to assess the options of operating business within an emerging economy; in order to do so; the paper will focus on the steel industry of China and the aspects of market entry by Voestalpine Group, an Austria-based business. To carry out a...
Introduction Entrepreneurial activity is one of the best practices that people can embrace to promote economic development, fight poverty, and increase upward social mobility. Many learning institutions and welfare programs take this issue seriously. The ultimate objective has been to equip the greatest number of people with business competencies and...
Abstract Leadership is a popular concept among researchers who are keen on investigating how it has been transforming over time. Leadership approaches that were effective two centuries ago may not be applicable in modern society. Knowledge-oriented leadership is one of the new approaches to managing people. In this study, it...
Introduction In order to lead a firm to success, much attention should be paid to the position and responsibilities of a manager. In this context, a manager is a person who is responsible for organizing resources and activities according to a firm’s strategy and goals, and the purpose is to...
Germany is one of the largest economies in Europe and the fifth-largest economy in the world; some of its largest cities (e.g., Berlin, Hamburg, Frankfurt-am-Main) are significant business hubs that rely on the operations and activities conducted by thousands of large and small organizations (Nedelko 5). To ensure that business...
Introduction Organisational and personal leadership mindsets are significant pillars for determining the level of effectiveness in decision-making. The Hoffmann-La Roche is a subsidiary of the Swizz-based Roche Holding AG and operates under the agency of National Pharmacy L.L.C. As a successful healthcare-based company, the subsidiary in Oman has employees who...
There are many options for human resource managers to find skilled employees. However, some methods of recruitment prove more efficient than others. For example, when hiring a customer service assistant, it is important for an HR manager to consider a specific set of qualities for a future worker and choose...
Purpose/ Core Interest The purpose of the present research is to evaluate the implementation of non-financial measures of performance in small and medium enterprises (SME) as a predictor of enhanced performance. The research aims at examining at least 100 small and medium enterprises, seeking to outline their measurement strategy and...
Abstract Purpose – This paper aims to critique the ISO 9001 standard and prove the idea that it remains the general guideline that can be adapted specifically to promote improved results. Design/methodology/approach – This qualitative research based on assessing the advantages and disadvantages of applying the ISO 9001 standard includes...
Executive Summary The aviation industry has experienced severe challenges since the global economic turmoil in 2008; however, the purpose of this report is to evaluate the financial ratios of Turkish Airlines and Oman Air to assess and compare the performances over a period of four years (from 2013 to 2016)....
Company’s Assessment The analysis of the company using Seven Leadership Mindsets Theory (vMEME) helps to differentiate the existence of particular structures and systems that impact its work and to a certain degree precondition outcomes. The size and diversity of locations of the current business presuppose the existence of multiple leadership...
When preparing a new marketing strategy, it is crucial to determine the impact that it will have on a particular establishment. Due to the fact that St. Anthony’s Medical Center aims to revise its approach to the labor and delivery (L&D), it is necessary to review the financial resources that...
Many renowned companies and faith-based agencies have succeeded in their lines of business by upholding the concept of servant leadership. In addition to presenting this concept as a collective responsibility, servant-leaders acknowledge the need for prioritizing their followers’ demands and working closely with them to develop the underlying leadership potential...
Ever since the dawn of globalization and the emergence of large multinational corporations, leading companies and economists have been trying to find the golden formula of success – the perfect strategy template everyone should follow if they wish to achieve success in the international arena. The consensus on what is...
Introduction Situational leadership is an adaptive style of leadership that allows managers to make decisions based on what the organization needs in particular circumstances. According to the leadership theorist Ken Blanchard, “in the past, a leader was a boss. Today’s leaders can no longer lead solely based on positional power”...
An Example of a Good Leader Moving a company forward and ensuring its strong position in a target market, is a challenging task due to the necessity to motivate employees and foster loyalty to the firm among them. Apart from providing directions and building plans for the future development of...
Executive Summary The paper analyzes the possibilities of Dong Feng, the Chinese government-owned automobile corporation, to internationalize its business. The company’s strengths, weaknesses, opportunities, and threats are mentioned in the beginning. The current economic situation overview is also included for a better understanding of the immediate possibilities of the development....
Operating exposure is the effect on the value of a firm arising from a change in exchange rates. These changes in exchange rates affect a firm’s cash flows of operation in the future (Connolly, 2006). When the exchange rates fluctuate, the relative prices that a firm also faces experience change....
Introduction The organization selected for the discussion is a business consulting company that operates at the state level and plans to expand its services and the customer base. The vision of this company is used by its leaders to provide the background for developing business goals and strategies and corporate...
Introduction Employee evaluation is one of the most important functions of human resource management in an organization. The activity has a myriad range of benefits to an organization which are deemed important for success. For instance, the evaluation of employees not only enables an organization to enhance labor productivity but...
Introduction Job satisfaction involves the positive attitude an employee has towards his or her job. According to Schulze (2006), job satisfaction is pleasurable and positive emotional state that comes from the appraisal of an individual’s experience in place of work. Satisfied employees maintain a favorable environment for working. Job satisfaction...
The article under consideration entitled “Another Big Company Steps Up to Improve Maternity Leave” was written by Emily Peck on June 29, 2015. The author provides readers with information about recent changes to the maternity leave regulations at the Nestle company. The distinguishing feature of the innovation refers to the...
Non-profit sector comprises those organizations that distribute their income to meet various needs globally, instead of distributing it as a profit. Thus, such organizations are not meant to make profits. They are supposed to use the resources under their control to offer services and assist in mitigating crisis (Powell &...
Introduction One of the primary roles of the human resource management (HRM) function is to ensure that human assets are highly motivated to assume the required productivity levels. This role is actualized through the application of various motivational programs and ensuring that the management is always committed to enhancing the...
How would a manager use systematic thinking and intuitive thinking in problem-solving? In the process of problem-solving, managers may resort to two types of thinking: systematic and intuitive. Both of these approaches have their advantages and disadvantages that may have a profound impact on the success of the decisions made...
Is Communication Important in the Workplace Today? The success of any business is predetermined not only by the careful choice and implementation of market strategies, quality of products and services, or strong leadership but also by communication established among all people involved in it. Communication serves two major purposes: it...
Policy The purpose of the following policy is to provide care and support for one of the most vulnerable groups whereby enhancing their capacity for unassisted or semi-assisted living. The aim in terms of community is to develop a fully functional person who engages meaningfully in the life and activities...
Why Entry to the Japanese Diaper Market Failed The initial attempt by P&G to enter into the Japanese diaper market failed because it had not discovered the need to understand the needs of the consumers to make products that best suit them. They had confronted the Japanese market with the...
Introduction E-business is a key trend in the current system of management. This system has taken roots in the management inducing processes like Enterprise resource planning and client-server architecture (Chen, 2005:18). However, the adoption of electronic businesses in many companies faces criticism as it poses a risk to customers who...
Explain the business opportunity in India Business opportunities in India are good considering the fact that India has a population of about 1.2 billion people. The luxurious living among Indians and their capital abilities provides a good domestic market for the companies and other businesses operating in the country. However,...
The setting and specific management problem My client works as an acquisition librarian in a small public library. The key problems that she encountered were the low motivation of the employees and slow decision-making within the organization. The analysis of the organizational structure indicated that the difficulties, faced by my...
Introduction Anthem is a company that provides insurance to people across the US. Similarly to other healthcare establishments, the Affordable Care Act (ACA) has affected its performance and revenue due to significant policy changes. The challenges that impact the healthcare industry present a need for a thorough examination of them...
Executive Summary Purchasing and buying equipment for a business is part of the primary capital budget expenditure, which affects the net profits. When deciding on whether to purchase or hire equipment, it is imperative to review the cash flows of each alternative to make a prudent option with optimal investment...
Introduction The nature of the fast food industry has changed over the past few decades. However, it is important to note that globalization has only changed ‘some’ aspects of the fast food industry. For instance, the taste factor remains important to producers and consumers alike although the health factor is...
Size of the Market The MealBox vending machine provides food and drinks services. The size of the market is rather big, considering the type of product provided by the device. However, it is targeted to a small percentage of people, as it is situated on the student campus and will...
French Producers’ Dominance in the Global Wine Market In my opinion, while developing the argument of the competitive advantages of the French wine industry, SWOT analysis can be of use. SWOT presupposes the description of a company’s internal and external advantages and disadvantages, which are categorized as “Strengths, Weaknesses, Opportunities,...
Executive Summary Lenovo was able to build a major foundation for offering every customer with high-quality products that meet their expectations and standards. With a wide selection of products, the company should look into the establishment of stores in all parts of the world where there is a demand for...
Contemporary medicine needs innovating solutions and effective organization of the care process. However, implementing innovation involves taking risks that have to be carefully assessed. Writing a business plan is usually the first step towards elaborating on a new initiative that helps to evaluate its strengths, weaknesses, and feasibility. While there...
Leadership gives an Organization Direction Every organization has made the past strides because of the leadership that came up with ideas and made them work for the organization. The strategies may be faulty or correct. They can cause an organization to fail or succeed. Once an idea has not worked...
Abstract This essay explains how the current shifts in marketing have produced new themes such as globalization, empowerment, and technological advancement. Such changes continue to transform the behaviors, needs, and expectations of many consumers. The essay explains why future researchers should examine the relevance of corporate social responsibility to support...
Case Study Analysis Using Metaphor The paper is focused on the evaluation of two articles containing case studies involving the use of metaphors to understand the peculiarities of the method. The first one is the article by Jerminer and Forbes (2016) that is focused on the investigation of using metaphors...
Introduction Training needs assessment is a prerequisite for functional performance in an organization, irrespective of its size. Training needs assessment encompasses processes such reward, job design, and performance among others. This paper will explore the strengths and weaknesses of the training process model with regards to the Fabrics Incorporation case...
The article under the investigation is called Marketing and Product Design: A Rocky Love Affair and written by Jan Landwehr and Andreas Herman. The paper delves into the major concerns of product design and its role in the modern marketing environment. The authors cogitate about the significant growth of the...
Time management is the technology of organizing time and increasing the effectiveness of its use. To some extent, it is not only a set of techniques but also a lifestyle and the philosophy of the value of time in a fast flow of information and an ever-changing world. The implementation...
Executive Summary It is recommended that Progressive Corporation enter the Belgium market with its auto insurance policy product. The comprehensive business environment analysis has revealed that Progressive Corporation has a stable business strategy, innovative product development approach, and a flexible technology-based platform. These elements will make the market entry into...
Introduction The recent advancements in Information and Communication Technology (ICT) have revolutionized how people interact with one another. In particular, the invention of the Internet has made the world a global village because many companies are expanding their operations globally through e-commerce (Stone & Woodcock 2014). For example, giant search...
One of the benefits of the DMAIC framework, its universal applicability deserves a special attention (Schroeder, Goldstein, & Rungtusanatham, 2013). The strategy that is typically viewed as part of the Six Sigma concept can also be adopted to improve the overall quality and certain elements of one’s performance rather successfully....
There is no use denying the fact that nowadays the world depends on energy greatly. It is impossible to imagine that even one hundred years ago people were able to perform their activity without the usage of electricity. Nowadays, people all over the world consume energy and, that is why...
Introduction Reporting financial information requires not only accuracy but also attention to possible qualitative issues that will affect decisions made in the future. To understand how various issues influence the opinion and choices analysts make, it is important to explore the difference between the quality of reported results and financial...
Strategy Formulation and Business Strategy Business strategy in a consolidated form is the “direction and scope of an organization in the long-term which enables it to achieve competitive advantage through configuring its resources within a challenging environment in order to meet the needs of the market and expectations of the...
Background Appirio is an organization that was founded about 10 years ago and provided software services to different companies. It has three founders who are willing to accelerate a transition to the cloud and make IT less complex and costly. The leaders of the company believe that the movement to...
Business ethics and organizational culture In a bid to ensure that all stakeholders in an organization remain focused on common goals and objectives, organizations pay incredible emphasis on subscription to common ways of thinking, interactions, values, and norms. These aspects define an organizational culture, which requires people to align with...
Bullwhip Effect The bullwhip effect is a name used to describe situations in which a prediction negatively affects the efficiency of the supply chain. It was first described by Jay Forester in 1961. The amplitude of a bullwhip in motion often resembles the effect that forecasts can have on supply...
Introduction Businesses claim to be concerned with ethical conduct, which is still mainly seen as an instrument of the favorable image formation. Students of business schools have courses in ethics to be prepared for the work in companies that have well-established codes of ethics as well as those businesses that...
Before the annual review, a manager should prepare by evaluating the performance of the employee based on measurements of productivity used in the company. In the case of employees like Jim who have a tardiness issue, a record of late arrivals should be kept leading up to the meeting. Performance...
Executive Summary The report presents contemporary workplace issues that human resource managers must handle effective. First, ongoing changes in the workplace require a flexible workforce, which can be achieved through fair work policies at organisations, including telecommuting, flexible schedules and work-life balance among others. The second element shows the importance...
Introduction In literature, there is an abundance of definitions of good leadership and examples of being an excellent leader. All these definitions differ slightly from each other, but they have one common point, namely, a good leader has the ability to motivate people to do even those things that seem...
Introduction As a direct result of the 2008 financial crisis and the resulting recession that followed, Coronado Food Markets has been barely able to retain its market position and as a result, does not have the resources to develop a sufficiently competitive salary and benefits package to attract Generation Y...
The Proude family sells quality footwear. They specialize in the functional, stylish, and orthopedic types of shoes. It is critical for Proude to apply the Product Life Cycle to determine at what stage the shoes are in the cycle. The PLC has five stages which include the product development, introduction,...
Singapore is a country that has relied on the manufacturing industry to develop its economy. A manufacturing sector is a unit in the economy that deals with the processing, production, and development of goods from raw materials. It involves the biomedical manufacturing, electronics, precision engineering, general manufacturing, transport engineering, and...
First, the authors provide background information about the ice-hockey industry in Canada, its overwhelming popularity, and national character. The given sphere provides about $11 billion annually (Schnarr, Krizmanich, & Lee, 2016) and attracts the attention of different agents who want to obtain significant revenues. Therefore, the case revolves around the...
Introduction Alibaba I Alibaba is a company that provides online services to businesses and consumers. The company acts as an intermediary and connects buyers and businesses using their online platforms or websites. The websites developed by the company, which comprise Taobao and Tmall, play a pivotal role in facilitating interaction...
Social capital is critical in the creation of skills and future careers. In every society, there are gaps that result from the development of different community structures. Social enterprises typically exist to fill the societal gaps. ENVIE and ACTIF were organisations that begun operations to provide skills and employment to...
Introduction Exchange risk can occur when a company owns a firm or manages a branch in a foreign country, but the asset’s valuation is in the foreign country’s denomination. Individuals exposed to such exchange risk include companies which own foreign assets, companies which have branches in foreign countries, importers and...
Project Summary The society is increasingly becoming critical of foods that are processed using animals products. Some people are critical of animal products because of some of the health problems that are associated with them. Others have been avoiding these foods because they believe it is unfair to kill animals....
Introduction The Wellness Coach Health Practitioner (WCHP) project is a business plan that implies providing the combined services of a wellness coach and a health practitioner to customers, thus increasing quality and leading to higher customer satisfaction rates. The project is fraught with several challenges, yet it is likely to...
Ethical Values in the Workplace In the world of business ethics, the definition of human values is constrained by entrepreneurial qualities. People who are actively involved in the trade and financial sphere sometimes have limited freedom to choose their ethical values. Nevertheless, even in an organization with a corporate type...
Major Facts The supply management department of Eagle Mfg Co has not been functioning at the optimum level, morale is low, co-ordination between departments slows and supply of materials to different departments such as operations and maintenance inefficient. The management of Eagle is paying its Supply Manager Ted Jones a...
The review is based on the article by Louise Metcalf and Sue Benn, entitled “Leadership for sustainability: An evolution of leadership ability.” The article was published in print in vol. 112, no. 3 of Journal of Business Ethics in February 2013. The article was published by Springer, and it could...
Introduction As an international company that is headquartered in Spain and retailing sports clothing and footwear in the Gulf Cooperation Council (GCC) countries, El Deporte is expected to develop an effective supply chain to address customers all over the globe. Currently, the key task is to guarantee that the Middle...
Organizational reward systems serve as the motivational basis of work processes. Benefits and rewards play a significant role in attraction, stimulation, and retention of human resources and the level of compensation can influence employees’ motivation in both a negative and positive way. An ineffective compensation strategy may provoke job dissatisfaction...
Balance Scorecard Developed in the 1990s, the balanced scorecard technique emerged as a holistic strategic management tool for reviewing organizational performance (Jeffs, Merkley, Richardson, Eli, & McAllister, 2011). It encouraged managers to avoid using a narrow assessment of corporate behavior, which is based on financial metrics, and instead develop one...
The Need for the Change in Staffing and its Impact on all Stakeholders HSBC Bank wishes to appreciate the contribution of all its employees to the organization’s productivity, thanks to the company’s advanced knowledge sharing base and its excellent connection with the widening array of co-workers and consultants. The outcome...
Introduction Business leaders are becoming increasingly aware that environmental factors affect their profits in significant ways. As a result, Environmental Management Accounting (EMA) has emerged as a mechanism for assessing the extent to which organizational activities affect the environment in addition to how the underlying costs influence their businesses. EMA...
Introduction The functioning of the modern organization is a sophisticated topic because of the existence of multiple factors impacting its evolution and development. At the same time, modern firms should constantly evolve to guarantee the preservation of their leading positions and their ability to compete with rivals. Under these conditions,...
Introduction There is no doubt that the preferences of the global audience have a significant effect on the success of companies trying to propel their activity in the market to the next level with the help of new goods and services that meet with the ready market sale. Making a...
Ms. Donaldson, as a concerned employee it has come to my attention that certain business practices that the company is currently engaging in has serious ethical and moral violations and as such I would like to address this issue due to my wavering faith in the ethicality of the business...
Introduction Organisational behaviour (OB) is more than just a totality of individual employee job performances. It comprises the aspects of corporate culture, such as shared values; personal and organisational discipline; both task-specific and non-task specific practices; relationships among employees of all levels, etc. (Li, 2015; Mawoli and Babandako, 2011). The...
Introduction Richmond Plastics will take advantage of the increased environmental awareness in the United States. The company will benefit from the waste to make their products. The raw material for the products will be mainly from recycled plastics. Such products include water containers, thermos flasks, water basins, and toys (Ishikawa,...
Abstract The purpose of this paper is to identify a human resource development need and establish an innovative approach to meet it. The need for top talent retention forms the core of the present study, and the selected innovative approach is competitive remuneration. To facilitate the achievement of the above...
Ethical issues Judy is faced with a dilemma on whether to leave the job she has been doing for years or go for promotion. The dilemma is for the fact that the current job she is doing which is evaluation is not her area of academic training. However, she has...
Introduction Total quality management (TQM) calls for all people in an organization to engage in activities that aim at improving services, products, processes, and work culture to ensure a sustainable competitive advantage. The ultimate goal of TQM is to achieve success in business through enhanced customer satisfaction levels. My course...
Summary of the Firm Big Bone BBQ and Wicked Wings is a full-service casual dining restaurant located in Kanata and is the only location this franchise offers in Ottawa. There are other locations in Markham, Keswick, Barrie, and Whitby. This restaurant specializes in smoked ribs, wings, beef brisket, and pulled...
Executive Summary In the present-day business world striving for globalization, organizations do their best to benefit from cost-saving technical expertise in other countries. This creates a specific kind of business environment necessitating ongoing cross-cultural interaction. Team managers have to deal with teams that are scattered across the globe and consist...
Introduction The nature of marketing communication has become dynamic as evidenced by the shift from the push approaches to highly interactive methods. Dahlen, Lange, and Smith (2008) affirm that the traditional ‘above-the-line’ advertising only account for 25% of the marketing communication budgets. Moreover, consumers have gained substantial control over the...
Executive Summary This paper is an interim report, outlining all major aspects of strategic management process of Magna International, Canadian automotive supplier, which will be addressed in the final report. Special attention will be paid to the history of Magna International, specificities of its strategic management, and recommendations for improving...
Introduction In order to review the Research and Development (R&D) efforts of the low-cost airline carrier Allegiant Air, it is first important to mention that calculating exact costs that go toward innovation because of the specific nature of the airline industry. With fluctuating demands on specific carriers and with the...
Abstract The research paper develops an in-depth analysis of the financial position of Telstra Corporation Limited through an analysis of its performance in the last two fiscal years (2012 and 2013). The analysis aims at developing an in-depth understanding of the company’s position and future performance, which may indicate the...
Introduction The FinTech sphere of business is currently on the rise, and many startups wish to achieve success and offer innovative solutions to completely transform the financial sector. This case study will focus on finding out what challenges a FinTech startup may currently face and outlining key strategic steps to...
Agency Problems Owners of a Corporation A corporation is owned by the shareholders who purchase the shares of the corporation. In return, the shareholders obtain a share certificate and are entitled to vote during the corporation’s annual general meetings. They also share in the dividends of the company in proportion...
Memo This memo presents a detailed descriptive report of an interview that was conducted for the purpose of gaining expert knowledge shared by an experienced business-professional working in the industry of choice. The interviewed person was approached several days ago and kindly agreed to participate in the project and answer...
Introduction In recent years, emotional intelligence (EI) has been recognized by many as a critical component of managing organizations efficiently. The previous environmental assessments provide an understanding that the healthcare industry is subjected to many changes; thus, a leader of an establishment must be prepared to adapt his or her...
Introduction Many people say that the characteristic feature of the contemporary business world in western countries is individualism and competitiveness. However, group work is still essential for organizations of any kind as the vast majority of processes presupposes the involvement of groups of people. It has also been acknowledged that...
Introduction The private sector is the section of a state economy possessed, led, and managed by remote persons or companies. Its key purpose is to show a profit and hire more staff than the public segment. A private-sector organization is formed by creating a new company or transferring a public...
Tucker Company This reflective journal evaluates a number of issues associated with Tucker Company. A brief description of the issues facing the firm, the major stakeholders, and the prevailing problems are analysed. The journal also assesses the key management theories coupled with what the firm should have done in order...
Considerations for a Merger and Acquisition strategy Software developing companies requiring high levels of internal structure integrity. Companies who want to defend their assets from external influence (retain full control). Management of intellectual property data requires clarity of a business structure and subordination. Opportunities for expansion and growth as opposed...
Issues How to motivate Millenials to buy diamonds? How to sustain the competitiveness of diamonds and other jewelry products against other luxury items? What should De Beers do to improve the reputation of diamonds as luxury products? Should De Beers invest in a rebranding strategy and in new products versus...
The process of adapting to be left-handed while being right-handed is in itself a tough challenge. However, struggling with this daunting task in an environment where no one seems to appreciate you is really depressing. The experiment highlights the challenges that minority workers face in organizations that tend to overlook...
In spite of threats associated with advertising the unhealthy products and goods that can be harmful to people, it is a primary responsibility of an individual to make a reasonable choice and buy those products that are non-harmful. However, even if a person is ready to make a right choice...
The Business Model of Candy Crush Saga The success of Candy Crush Saga relies on its ability to provide users with short but addictive rounds of candy crushing that do not demand much time but instead focus on one’s skills. As the company’s executive points out: “our business model is...
Abstract Management of change is important to accomplish a successful transformation plan to the learning organizations as they are facing radical changes in the environment. There are many researches that studied management of change and specifically the attitude of people toward the change. This research included the examination of management...
Introduction The following study examines the quality of a product “Thintastic Buffalo Chicken Bagel” which is produced and sold in Einstein Bros. Bagels, a bagel, and coffee restaurant chain. Einstein Bros. Bagels was founded in 1995 and currently has multiple locations across the United States (“FAQs”). The choice of the...
Voice of the Customer As a rule, the Voice of the Customer (VoC) is typically rendered as the process that involves identifying and retrieving the information regarding the target audience’s preferences and dislikes so that the product designed by the company could meet the clients’ expectations. Though rather basic, the...
Executive Summary EU automotive industry (AI) policy is concerned with two primary aims: promoting economic growth and ensuring safety and sustainability. The focus of the policy on research and development (R&D) is obvious; it allows the EU industry to fulfil the goals of the region and abide by the numerous...
The case of manipulation with the reported earnings exposes an ethical problem of alternative accounting methods. In this situation, Gonzales makes a number of decisions that cannot be considered appropriate. First of all, the choice to create a situation where the reported income is even higher than the real one...
SWOT Analysis Investing in Laura Ashley was a viable opportunity for MUI because the company was associated with several strengths in the business. First, it was apparent that the company had a leadership function that was equipped with the necessary talents to identify the pressures in the market that were...
Abstract This paper dwells upon transparency in organizations and its benefits. A model aimed at improving an organization’s transparency is provided. The advantages of the use of balanced scorecards and strategic diversity are considered in this paper. The approach is applied to the implementation strategy of particular strategic goals. Transparency...
Introduction Understanding the impact of weather change and its timing in any trading opportunity is very crucial. Traders are required to have an immediate idea of the weather change that might have an impact on the price of their commodity. Companies and individuals depend on weather forecasting as they must...
Promotion The history of Chinese culture shows that each company that wants to enter the country’s market has to consider Chinese traditions and beliefs. Apple should also pay increased attention to its marketing strategy since its core principles are heavily based on its American origins. Currently, Apple’s plan does not...
Expansion for a U.S. firm is an excellent opportunity to increase the brand’s strength as well as develop its potential for increasing profitability. However, there are a plethora of factors that could undermine the success of an American firm abroad if it does not take into account certain crucial aspects...
Whistleblowing could be defined as an act by an employee of making public immoral or illegal behavior of an organization (Duska, 2011). In light of numerous ethical scandals involving companies such as WorldCom and Enron, whistleblowing became a central element of an ethical structure of business organizations and a hotly...
Organizational Change High competition has pushed organizations to adopt approaches that are aimed at gaining competitive advantage. Adenike, Omotayo, and Abolaji (2013) pointed out that organizational change has become a significant part in enhancing organization’s competitiveness due to the increasingly changing business environment. Armenakis and Harris (2009) observed that advancement...
Orpic is one of the largest organisations in the Sultanate of Oman and one of the most rapidly growing enterprises in the Middle East oil and gas industry. One of its recent strategic goals is to increase the asset base by more than $9 billion and the product output –...
Introduction Customer service perspective serves as an instrument to ensure that all company’s employees are committed to the customer’s needs since they are the most important aspects in business continuity and sustainability. Wal-Mart Stores Inc is a large-scale business enterprise founded by Sam Walton and known to be the most...
FMEA Failure Modes and Effects Analysis is a framework typically used to determine the existing risks and evaluate the potential harm that they may cause to a company or a project (Kubiak & Benbow, 2014a). The areas that FMEA embraces include the manufacturing process, the design, the promotion of a...
Executive Summary The objective of this report is to carry out a macro-environmental analysis on global marketing, particularly the entrance into a new global market. The report focuses on the intended entrance of the Roswell Group into the Indian market to offer hospitality services through its Posh Hotels chain. The...
Theory of Planned Change Developer: Kurt Lewin (1951). Description of the theoretical perspectives Lewin suggested that change should occur in the environment that compels the participants to accept it. Therefore, the process is split into three key stages (unfreezing, changing, refreezing). Thus, the alterations of the workplace environment and the...
Nowadays, coffee has become so popular that it is no longer served as a simple black beverage. Various syrups, creams, sauces, and alcohol drinks are added to it in order to attract potential customers. Starbucks and Dunkin Donuts are the most popular coffee shops in the country, each with its...
Introduction Background A referendum slated for June 2016 would determine whether the United Kingdom (UK) would stay, or exit, the EU. British economic experts have often debated the need for the country to stay in the European Union (EU), or exit the economic bloc (Charter 2012; House of Lords –...
Since the 1980s, standard cost systems (SCSs) were the subject of severe criticism. Most scholars believed that they were inefficient for providing information, which might interest advanced manufacturers. Nevertheless, most American firms still prefer these cost accounting tools. Regardless of critics, the primary advantage of SCS is the fact that...
Introduction The proposed study is aimed at examining the role played by various element of the marketing mix in creating and sustaining brand loyalty. In particular, it is necessary to focus on price, promotion, place, and distribution. This study should answer the following research questions: What elements of the marketing...
In the increasingly complex healthcare settings, more people recognize the role of management in achieving organizational goals (Buckbinder and Shanks 25). Managers in healthcare organizations provide effective organizational leadership and help coordinate the actions of healthcare personnel to deliver high-quality care. Such leadership is based on the knowledge of the...
Abstract Utilitarianism is an ethical model of reasoning which emphasizes on the maximization of good and happiness and the minimization of the reverse of happiness. The transistor company is confronted with the ethical issue of choosing to stop the supply of transistors to the heart pacemakers company and or supplying...
An organization’s mission statement is a crucial document that allows all outside and inside stakeholders to understand long-term plans and goals clearly. While the document is often the first official paper produced by project managers, it is a very labor-consuming matter that requires numerous collaborations and careful evaluation. While writing...
Although corporate social responsibility (CSR) is evolving into a mainstream issue for many organizations largely due to the mounting recognition of the need to effectively address non-market forces arising in the business environment, it is increasingly dawning on scholars and practitioners that the concept’s proliferation in business is more catapulted...
Political factors that might affect Goodman Fielder in entering Japanese market include government regulations and policies. Goodman fielder should ensure that they understand all rules and regulations put in place by the Japanese government regarding businesses (Stern 59). For instance, Japanese government has set various policies to safeguard their domestic...
Taylor St. Baristas: Estimating Current Situation Estimation of the current situation is a vital step for understanding the online marketplace and finding ways to use social networks for marketing purposes. Taylor St. Baristas is a chain of coffee shops. As for now, it is a network of nine shops located...
The development of information and communication technology (ICT), as well as the globalization processes associated with breaking borders in doing business, has led to finding new ways of organizing people’s work and cooperation. In this context, the concept of smarter working has been developed as managers’ and individuals’ response to...
The Business Problem and Opportunity Statement Nowadays technology is deeply integrated into various spheres of society, especially in those that are associated with services. More and more customers prefer online purchases that are rather easy and convenient. However, the need to offer innovations and keep customers interested remains a business...
