11072 samples of this type
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...
Career management model The work environment is constantly changing due to various factors. Some of the factors which contribute to changes in the work environment include changes in technology and technical professionals, and the need for innovations and inventions in organizations. It is for these reasons that managers and professionals...
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...
Product Description Business organizations should use appropriate strategies to deliver quality products to their consumers. Effective distribution channels make it easier for companies to market their products successfully. The targeted products are hand-crafted sculptures and paintings. Skilled sculptors and painters will be hired to produce superior masterpieces. As well, some...
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...
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...
What elements of positive change do you see implemented by Jim Mallozzi? At the outset Jim Mallozzi explores the use of optimistic energy with a view of realizing organizational goals. Optimism, based on positive thinking, is regarded as a great tool in leading business institutions (Kelly and Cameron 215). This...
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...
The purpose of amalgamation for CPA The purpose of the unification of the Canadian accounting profession is to create a strong accounting body that will be better-suited to represent its members and clients at the global level. The CPA amalgamation aims to create a strong and united body that will...
UPS’s alternative-fuels fleet as a response to trends taking place in the company’s general environment Every country exists in a constantly changing environment that can be subdivided into the internal and external layers. The general environment is a part of the external environment and consists of international, technological, natural, sociocultural,...
Introduction Situational leadership requires a person to analyze any emerged situation in accordance with his or her team members’ individual skills and experiences. Therefore, novices or people who are not productive enough or do not show good results should receive developing tasks, whereas their leader ought to reconsider his or...
Introduction According to Dehning & Stratopoulos (2003) multinational companies have experience a lot of challenges in managing most of their operations as a result of their great expansions. It has been observed that most companies have complained of experiencing challenges in accounting, inventory, marketing and sales, distribution, logistics as well...
Introduction Customer service management is an essential aspect of the successes of any business (Wetzel, Hammerschmidt, & Zablah, 2014). The success of every company is as a result of keeping their customers satisfied with their products and services. This project will examine and discuss various results of successful customer management....
Introduction It should be noted that such concepts as transformational leadership, diversity management, and levels of power have helped me understand the concept of leadership better, and they will enable me to become more effective and functional in my future work. In particular, transformational leadership encourages employees to employ positive...
Human resources management is one of the core aspects that can affect the development of organizations. Human resources are often referred to as key assets of companies, which is largely true, especially in companies operating in industries that require innovative approaches and creative vision (Mathis, Jackson, & Valentine, 2015). Some...
Organizational History What is interesting about the Ford Motor Company is that its organizational structure consists not only of its internal management and product creation divisions (i.e. marketing, engineering, etc.) but also encompasses aspects related to the different brands under its control, the various dealerships that sell its products as...
The modern environment gives rise to numerous challenges in the sphere of business. The increased number of opportunities also means a great rivalry. In such a way, there is a need for an efficient management system that will be able to maintain the functioning of a certain organization at the...
The current wave of information systems (IS) has transformed how retailers serve their customers. Giant companies such as Starbucks Incorporation are using powerful loyalty programs to offer convenient retail processes to their clients (Turban, Volonino, & Wood, 2015). Kohl’s Corporation has also implemented a similar IS program to empower its...
Introduction The following is a discussion on various strategies used by the Enterprise resource to market the enterprise resource software to the small and medium enterprises. The following essay discusses how the reasons why small business enterprises have become the target market for most of the enterprise resource vendors. The...
While deciding on the implementation of the talent development project, it is necessary to analyze resources that need to be used in the program and to focus on the project goals or expected outcomes. The three main evaluative metrics that should be referred to by the decision-maker are the measurement...
Introduction The audit plan is prepared after collecting basic information of the client. The information will then be used for identifying the risk level and developing audit strategies (Pickett 43). The basic information of Sun Life Financial is provided in the following. Products Sun Life Financial is a leading financial...
Abstract The primary purpose of this paper is to discuss some of the aspects related to ethics in the workplace. A case study will be reviewed to get a better understanding of commonly used approaches and complications that may occur. Some of the key points such as the role of...
Contract management in enterprises of different profiles includes those processes that are necessary to obtain all the essential resources through the establishment of partnership agreements. The purpose of this paper is summarizing the article “Contract Management, Inter Functional Coordination, Trust and Contract performance of Works Contracts in Ugandan Public Procuring...
Introduction Choosing your battles entails calculated tactics, forethought, confidence, and solution-focused strategies to distinguish between dysfunctional and functional disputes, articulate Robbins and Judge (2015). In the context of organizational behavior, the ingenuity of disentangling adverse collisions and instituting effective conflicts is imperative especially for managers and leaders of team groups....
Super Nanny Middle East The Super Nanny Middle East is a unique business that is going to transform an industry that has remained unregulated for a very long time. The idea of training nannies and making them better equipped to meet the educational, nutritional, health, physical, and wellness needs of...
An earthquake bed is a new product that elicited mixed reactions from the general public. However, it is highly necessary to assess the probability of the success of launching this product in a specific country. There are several factors that have to be considered. The main goal of this paper...
Characteristics of effective metrics Effective metrics have four key characteristics. They are (De Waal, 2013): Easily measurable and calibrated. A good metric should be easy to measure and give the same results in the same conditions regardless of the person recording it. Correlated to the current business performance and predictive...
A business plan is a laborious undertaking that is thought of as an integral part of an entrepreneurial journey. However, most of the document’s formats that are generally accepted by the business world often add to the probability of the concept of death by paperwork (Volker & Phillips, 2018). I...
Analyzing the case, one should mind several crucial concerns that impact Porcinis success and condition its rapid growth and increased popularity. These are the unique recognizable image of full-service restaurants, a successful pricing strategy, and the high quality of the provided goods and services. The combination of all these aspects...
ERP is a single kit of computer applications that aggregates the processes within the organization. The system allows furnishing a holistic view of the business where the database is unified and integrated. The AIS has developed into a profound and extensive system with the help of the ERP. Moreover, the...
In the last 100 years, the world has experienced tremendous technological changes in different fields. The emergence of modern technology is one of the changes that has influenced our lives both positively and negatively. Many scholars have argued that technological changes, which happened in the 21st century, affected almost all...
Teams are becoming integral constituents of organizations. Teams are ready to conduct a variety of functions, face challenges, and improve their mutual abilities. Though teamwork is advantageous for organizations’ performance, it can be rather a challenge to establish a successful leadership strategy. The article under consideration examines the issue of...
Why Google Missed the Video Opportunity Google Strategies Having been hugely successful as a web search engine, Google Inc. decided to expand its portfolio by launching a video sharing engine known as Google Video. However, this move was not as successful as they had hoped. The failure resulted from the...
Background Since its establishment, The Coca-Cola Company has been successful in producing and marketing soft drinks. Currently, the firm is the market leader and has managed to attain global recognition. One of the factors which have contributed to its success is the adoption of the internationalization strategy. As a result,...
Executive Summary The New Balance Company is attempting at entering the environment of the global economy with its latest Men’s 611 brand. However, competing with the brands that have already become household names is bound to be rather tricky. Therefore, the firm will need an elaborate branding strategy and an...
Introduction This paper is a review of my completed thesis, which argues that the biotensegrity model could explain organizational culture. The use of the biotensegrity model to represent organizational culture partially comes from the findings of researchers, such as Clément (2004) and Aspromourgos (2001), who have demonstrated how the tensegrity...
Introduction Modern businesses tend to become more customer-oriented; this is one of the reasons why they involve clients in the design of the products. This practice is called co-creation, which means that users are able to express various opinions about the qualities that a product should have (Bhala 2010, p....
Introduction Working at the Sikorsky Aircraft Corporation as the Quality Assurance Representative, one has to make sure that the customers’ needs are addressed exactly and that every demand is met. The requirements are based not only on the necessity to maintain customer satisfaction rates high but also to facilitate the...
Introduction Hyde Park Electronics is a family business with 42 employees and manufactures ultrasonic proximity sensors. Initially, the business had concentrated more on the cash management and strict sales management but lacked a long-term strategy that would ensure continuous success. After taking over as the CEO, Lewis and his team...
Introduction Innovation can be defined as a strategic change in the existing business aspects of the development of new ones that are aimed at the improvement of effectiveness, performance, and competitiveness (Research and innovation para. 1-4). The present paper considers the innovation of Uber company. According to the Uber case...
Abstract This paper gives a summary of the research that was conducted to understand the unique issues surrounding the use of big data in the supply chain. The discussion identifies the major opportunities associated with the continued use of big data. The emerging obstacles affecting the use of big data...
The Human Resource Selection process is very important. It determines the kind of candidates who will pass through to become employees of the Organization. The paper would examine the combination of three selection methods. After the job applicants have gone through the recruitment stage, they now enter an important stage...
Project Name and Purpose The project name is the Employee Recognition Framework. It is established to help in designing, developing, and implementing the recognition framework for the employees in an organization (Swider et al., 2015). The issues such as communication strategy, policy framework, healthy workplace, and retention of the workgroup...
The Parameters for Evaluating the Sufficiency of Different Types of Data There are two major types of errors that can occur due to the insufficient evaluation of data – false negative and false positive; the former error happens when the null hypothesis that was actually disproved by the data is...
Introduction Strategic planning is a crucial process that allows companies to plan their business according to their capabilities and resources. The process involves careful consideration of market factors and conditions that could affect the company’s decision in the future. The changing spectrum of competition requires companies to monitor the outcome...
Introduction Nowadays, the coffee shop market undergoes considerable changes and improvements. Organisations that make their decisions to enter this market and open new shops have to be ready to work hard and develop effective marketing plans to identify important goals and actions. In this marketing report, several elements of the...
One realizes the fact that the evolution of modern society is based on the development of scientific thought and numerous digital devices that appear due to technological progress. The implementation of these new tools results in a significant reconsideration of the traditional approaches used to perform some important activities. Furthermore,...
Outsourcing and Offshoring Although often used as synonyms, outsourcing and offshoring are, in fact, quite different from each other. Outsourcing typically presupposes buying certain services from a different company, whereas offshoring means shifting the services of a company to a different location (Hearh & Kishore, 2009). In addition, outsourcing can...
Analysis of the challenges facing the merger of the Royal Dutch Petroleum Company and Shell Transport and Trading, and recommendations on how these should be confronted The merger faced many challenges ranging from political to economical which made the management distort the company’s core values and objectives. The areas of...
Introduction This is a diversity management strategy report for Aramex as a multinational corporation (MNC). It is expected that the strategy will enhance Aramex’s competitiveness in the global economy. The report clearly explains the principles of diversity management for the Aramex, identifies the challenges faced by the company in introducing...
Leadership provides a means for organizations to pursue their goals. The vision determines where the team wants to be in the long-term. The Toyota lean principles are important in the day to day running of organizational activities. The fourteen principles guided the success of Toyota’s change of strategy. The Toyota...
There is no use denying the fact that the world dictates its own conditions for people. Coherent society appreciates strong willed people, who are able to respond to changing environment and become successful. Moreover, it should also be said that the skills of team work are also needed for a...
Abstract Diversity in terms of promoting individual differences in organizations can be discussed as typical for many companies today. Diversity in organizations is usually viewed as a positive phenomenon, but the managers’ approaches to addressing diversity can be various and rather ineffective while depending on the global tendencies in this...
Every enterprise requires good record keeping. Valuing a business is critical to its success. It is prudent to establish the valuation techniques that suit one’s business. Adjusted Present Value and Net Present Value are some of the valuation techniques to examine. Adjusted Present Value It is the Net Present Value...
Introduction to the Topic Area The performance of an organization largely depends on the existing organizational culture. It has been acknowledged that companies with strong cultures can be characterized by good communication and collaboration, as well as a favorable atmosphere, which results in employees’ commitment to the established organizational goals...
Introduction The article How to Keep Your Employees Motivated in a Downturn by Peter Twemlow (published in The Guardian newspaper on the 20th of November 2012) investigates a highly important topic of employee encouragement in the period when the company is going through hard times. The recommendations the author provides...
Process-Oriented Organization: Challenges Addressing issues associated with information management implies handling numerous challenges in an organizational environment, and the case of Pinnacle West is a clear example of the specified phenomenon. For instance, with the shift of the focus from people to processes, the threat of mismanaging human resources will...
Introduction Large companies and corporations in different countries can be extremely dissimilar in terms of preferred practices and accepted values. Nevertheless, when it comes to the key similarities between them, it needs to be said that the work of every corporate management team is aimed at leading a company to...
Nike Inc. was established in 1964 under the name Blue Ribbon Sports. Today, the company focuses on the design, manufacture, and distribution of sportswear and accessories. It produces sports shoes, apparels, and accessories like gloves, bags, and sunglasses among others. Nike sells products under its brand (Mahdi et al. 2015)....
Introduction This paper explores a specific case of job evaluation where several of a company’s managers disagree about the rating that should be given to a particular worker. They approach the evaluation of the job from different perspectives and thus face misunderstanding. The sections below will include an educated opinion...
Introduction This memo is about market-based compensation program effectiveness. It offers a working definition of a market-based compensation program and then uses that definition to describe features of the program that a firm would consider when planning and implementing it. The definition and arguments offered are based on secondary scholarly...
A brief overview of the company Apple Inc. is one of the leaders in the sphere of personal computers and other electronic devices globally. The company was established in California in 1977. Apple Inc. “designs, manufactures and markets” personal computers, mobile communication and media devices it also “sells a variety...
Introduction The chief aim of this paper is to present a cross-cultural briefing report on behalf of Clever Clogs International to its new female Muslim manager in her mid-thirties who Clever Clogs International intends to transfer from Lebanon to Amsterdam, Netherlands. The report will focus on the current state of...
The use of necessary skills in work is an essential part of almost any profession. The better the employee is oriented in the assigned tasks and can execute orders in a qualified manner, the more likely that a specific organisation will receive a professional worker. An appropriate application that helps...
Introduction Recruitment is the process of analyzing, attracting and hiring qualified candidates to fill a given job position in the organization. However, this process is currently full of fraudulent practices, especially on migrant employees throughout the world. Fraudulent practices of recruitment agencies and employers make the biggest problem for migrant...
Introduction In the modern world of business, companies have to engage in stiff competition in order to survive in the market. This pertains not only to companies working inside one country but to international businesses as well. On the whole, it is paramount for such organizations to appropriately formulate their...
The purpose of a company’s financial statement is to inform the readers about the financial operations, revenue, and expenditures registered within a certain period (Fontinelle 2017). Differently put, in a financial statement, a company tells the public how much money it has earned and paid over a particular time frame....
Executive Summary Burberry is a multinational corporation that specializes in the production of apparel, accessories, and cosmetics. The company is famous for the manufacture and distribution of trench coats. Burberry has outlets in the United States, Asia, Europe, Australia, and Africa. It runs a promotional campaign dubbed “Burberry Bespoke”, which...
Introduction Global trade leads to large-scale transfers of cheaply and efficiently processed foodstuffs from unidentified sources to foreign markets. This situation has resulted in growing concerns about the disappearance of local food traditions, reduction in the quality and safety, and detachment between food production and consumption. As a result, a...
Although Sikorsky Aircraft Company has been known for its trademark quality standard since the day that it was founded, improvements are crucial for the efficacy of the firm’s performance and the satisfaction of the customers (NDT/Quality Assurance Materials & Processing Lab Quality Manager, 2016). Moreover, given the industry that the...
Analyze the key factors that have caused eBay to struggle in Japan, China, and other Asian markets to determine if these mistakes could have been avoided Competition is an inevitable aspect of our day to day business world. It is a concept that has both positive and negative effects on businesses....
Introduction One of the most noted entertainers originating from Canada, Cirque du Soleil often does not need an introduction after it completely captured the minds of many people from different continents and managed to create a new space in the entertainment market. Cirque’s Blue Ocean strategy was directed at challenging...
Institutional Conditions and Transitions According to the definition that was given by Mike Peng, institutional transition ‘can be defined as fundamental and comprehensive changes introduced to the formal and informal rules of the game that affect the organizations as players’ (Peng 2003). Although the fees for the schooling seem to...
Introduction The following essay is concerned with the strategic implementation aspect of organization. The essay examines the strategic implementation of the General Motors Company where I work. The essay determines as to whether it is true that the implementation is the most difficult aspect of strategic management. The main objective...
Executive Summary Paint Party aims to provide painting opportunities, arouse aspirations, and enhance the satisfaction of amateur and intermediate painters. Analysis of the market shows that there are painting enthusiasts in college who need to hone their artistic skills. Moreover, the analysis of the market shows that amateur and intermediate...
Metrics of Success There is a multitude of metrics in the article that show the success of the Bellevue Mall. The first is that the price per square foot of store space in the mall is three times higher than average. The perceived decline of physical retail could lead a...
Introduction Marketing a new product is often associated with significant risks as the product can be unpopular or even go unnoticed, the target audience can remain indifferent to it, and so on. However, the benefits of developing and marketing new products are also unquestionable as the ability to market them...
What problems or inefficiencies did the founders of PassAct see that led them to start a new firm? In the middle of 90th, Louise Rawlings and James Blevins were employed in the trade for the main dealer of electronic units. They noticed firstly a precise irritation met by scientists at...
Executive Summary The paper at hand is devoted to the analysis of the process of strategic management basing on the Coca-Cola case study. In the framework of the relevant study, such aspects as a mission statement, a vision statement and values were examined. The principle aim of this analysis resided...
Training and development is the sphere that is focused on organizational activity, particularly on the improvement of the performance of groups and individuals in an organization. It is also sometimes referred to as human resources development (HRD) (Sung & Choi, 2014). Basically, training programs developed by HR departments concern themselves...
Introduction Choice Hotels International, Inc. (CHH) is a hospitality holding entity intent on acquiring variegated shares for its brands, including Comfort Suites, Quality Inn, and Sleep Inn (Fraser, 2012). This paper enumerates a detailed analysis of the CHH Inc. by way of outlining its size and growth, industry classification, vision,...
Contingency plans are essential for the majority of organizations. They allow the company to have a course of action even when the original plans become obsolete due to an unforeseen problem. Natural disasters, terrorist attacks, sabotage, technical errors, and a great number of other issues may cause a company to...
The present case discusses the company Automaten Technik Baumann (ATB), which is a medium-sized manufacturer and distributor of parking meters for on-street parking. Due to the popularization of mobile parking and ticketing solutions, the company’s CEO Peter Bauer is worried that the demand for ATB’s products will drop significantly. Therefore,...
Audience analysis is normally carried out by any technical writers when they intend to undertake a project of any size. It involves assessment of the target audience to make sure that all the information availed to them is correct and relevant to them (McKay, Davis, & Fanning, 2009). The audience’s...
Introduction Bre-X Minerals Ltd forms part of Bre-X, a chain of Canadian-based companies. The Calgary-situation Bre-X Minerals Ltd struck gold in 1995. The company discovered not only the world’s largest but also the most valuable deposits of gold in the heart of the Borneo jungle in Indonesia. As a result,...
Introduction Analyzing business performance encompasses various factors such as society, economics, politics and history. These factors are rarely incorporated in organisational studies. Organisational analysis is usually a technical matter. Modern business trends emphasise on maximising shareholder value (Gray 2009, p. 52). In most cases, companies exploit cheap labour from offshore...
Evidently, one of the most significant effects of the internet revolution is its impact on business. Nowadays, individuals and organizations are increasingly using internet technology to enhance their business under the contemporary context of e-commerce. Electronic commerce is increasingly helping individuals and organizations retain consumer attention and expand their markets...
Introduction It is known that a bank merger is a complicated long-term process that requires not only financial but also human resources. The Eastern Bank Corporation and the First Bank & Trust Company have different human resources (HR) policies. For the successful bank merger, a general HR management strategy should...
The Capital Veterinarian Clinic (CVC) that is located in Sacramento, California, has a developed organizational structure, and it is based on the work of several teams. Dr. Marissa Sandoval performs as the Clinic Director in the organization, and she administers and controls the work of the CVC’s teams that unite...
Introduction The new health insurance benefits tend to impact organizations in a myriad of ways. One is through the goal-setting process and impact on their overall costs. Thus, it is mandatory that the organization ensures that all its employees are safe and secure in their working environment. Thus, they should...
Introduction Entering the global economy means locating a niche that one may become a leader in and strive for maintaining quality rates impeccably high. The application of the Lean Six Sigma to the key company processes, particularly, the management of the raw materials (Schroeder, Goldstein, & Rungtusanatham, 2014), the Work-in-Process...
What is the role of technology in defining the pros and cons of global supply chain? Find the answer here! This essay analyzes the advantages and disadvantages of global supply chain management and explains why GCCs and GPNs are considered the main factors affecting a sustainable global supply chain. Keep...
Introduction The human resource function has a strategic value to any organization. Human resource managers are tasked with building relationships between the employer and the employee. In contemporary society, most organizations have recognized the value of teamwork and synergies. According to Wallace (2009), this should be based on a thorough...
Introduction to the Topic Area Managerial practices, leadership models, and organizational processes have continued to evolve over the years. Organizational structure has been redefined in an attempt to maximize outputs and empower more employees. The selected topic focuses on how organizational management has changed due to the developments experienced in...
Introduction This paper attempts to present and define three of the concepts from the Human Resource Management course. In addition to the definitions, the mentioned concepts will be illustrated and discussed in terms of how one is to react to encountering these phenomena in real life. The three concepts are...
Introduction It should be noted that contemporary quality management evaluation systems regard self-assessment of companies as one of the most important tools for a systematic improvement of organizational performance. Enterprises apply this technique to ensure that they remain productive. Importantly, the evaluation of instruments and frameworks have been refined due...
Abstract The paper discusses global leader’s competencies with the focus on the Change competency demonstrated by Oprah Winfrey in her activities. While referring to Winfrey’s experience in leading projects and maintaining the change, the basic principles of the development program for global leaders are formulated to contribute to the leaders’...
Major Points Dennis Campbell was the main proponent of the study and the author of the article. He entitled the article as Nonfinancial Performance Measures and Promotion-Based Incentives. The article was made available through the publishing arm of the Journal of Accounting Research and printed in the United States of...
Determining Recruitment Sources Because the labor market is not limitless, it is imperative to choose the sources of recruitment promising more chances for hiring acceptable staff. In general, there are two types of recruitment sources – internal and external. Internal recruitment refers to employing people, who are already working with...
Fearfull, A. (2005) ‘Using Interpretive Sociology to Explore Workplace Skill and Knowledge’, International Journal of Social Research Methodology 8(2): 137-150. Theoretical Knowledge: Key Issues in the Article Fearfull states that the existing research literature lacks qualitative studies exploring the experiences of clerks at work, primarily viewing clerks via the connection to...
Introduction Building a small business enterprise is a complex task that encompasses the knowledge of entrepreneurship and operation management. This case study examines a model of expanding a local food venture to a permanent location and franchise. It allows us to take business management theories and apply them, learning from...
Enhanced competitiveness in the business environment requires entities to adopt a customer-focus in their operations. Increased competition, for instance, presents a challenge for entities to acquire new customers. This challenge enhances the role that processes that aim to retain existing customers play in driving and sustaining an entity’s performance (Baird...
Introduction The case presents an issue of poor market performance of a small firm producing glasses which illustrates a broader set of problems. Most of them appear to stem from a lack of cohesion between different departments each of which has their own distinct goals (De Toni & Nassimbeni, 2003)....
Key Lessons The case study of the company Stein, Bodello & Associates, Inc. can produce some lessons, including those related to top-down and bottom-up management. The first lesson that appears to be singularly relevant to authoritative management is the one that instructs managers to avoid neglecting the needs and interests...
Introduction As a rule, people consider management to be used to supervise the workers or all kinds of junior personnel. Management is mistakenly thought to be a prerogative of the senior positions in various organizations. Nevertheless, its techniques can be used for personal managing as well. At its fundamental level,...
Introduction McDonald’s is the most prominent foodservice merchant globally. The foodservice dealer owns more than 33,500 local cafeterias. McDonald’s serves approximately 68 million customers in 119 nations every day (McDonald’s Corporation, 2012). The foodservice retailer owes its success to its systems, which includes its alignment, franchisees, and contractors. It delivers...
Introduction Marketing is a fundamental element that is incorporated as a means of communication between customers and an organisation. The objective of advertisement is to manipulate changes in the behavioural characteristics exhibited by clients. Vital promotion campaigns allow institutions to establish processes through efficient communication that is skewed towards attaining...
Introduction The randomized complete block design is used in the experiment when there are two factors affecting its outcome. It is inappropriate to consider only one factor to explain the outcome of the experiment. If only one factor is considered, then it will lead to the wrong results of the...
Abstract Organizations that operate in the contemporary business environment cannot escape change following significant advancements made in various fields such as technology. As revealed in this study, such changes have substantially altered the way of conducting business to the extent that institutions that wish to remain competitive in the current...
The sustainability of organizations depends on various factors that shape different aspects such as the motivation of employees, their commitment to business goals, attitudes of clients, productivity, and so forth. It is possible to consider the so-called 8 Ss model that can illustrate the attributes that are important for successful...
Nature of operations Aluminum rods, overhead line conductors, and drawn wire manufacturing Company name Oman Aluminum Industries LLC (OAPIL) Company introduction Oman Aluminum Industries LLC, otherwise known as OAPIL is a major manufacturer of aluminum rods, overhead line conductors, and drawn wire. The company is a major contributor to Oman...
Frequently, to gain more organizational benefits, companies act in a way that could be potentially harmful to the society or some of its members and, in this way, could be considered unethical. When practicing this kind of behavior, organizations usually close information about their activities so it can be accessed...
The sales manager of State Manufacturing is venturing into new frontiers by gaining a distribution channel in Italy. However, the manager finds himself in unfamiliar territory because State Manufacturing has never engaged in the export market before. The pricing of export commodities presents a challenge for manager Jim Madison, mostly...
Introduction Holt and Quelch assert that all organizations operate in environments that influence their ways of doing business either directly or indirectly (69). This claim implies that for successful colonization of new markets, organizations must look for strategies of dealing with issues such as political instability while considering the impacts...
Abstract The fashion industry has a significant impact on many spheres of people’s activity. It would be wrong to think that fashion influences only our apparel choices. It does much more than that: companies creating and producing clothes can alter the lives of people in both positive and negative ways....
Vision is one of the important concepts of strategic management and every leader ought to have the vision to run a business successfully. Managers in both North and South Korea have well-defined visions that guide the day-to-day operations coupled with specifying future goals. The Confucianism culture is common in the...
Organizational culture is a broad concept which encompasses a wide range of aspects of organizational functioning. Due to its intangibility, it is not characterized by a single concrete definition, although many attempts to categorize it display common trends. It can generally be defined as “the set of shared, taken-for-granted, implicit...
Tony Hayward of BP Situation at the Time BP Oil Company is a British owned company and it initiated the deepwater rig to exploit the oil resources at the deep-sea in Texas. However, the company did not do the job directly but sub contracted other companies to help in the...
Crucial lessons about successful management Behind any successful organization, there is an outstanding manager. Just like Elon Musk made a change for Tesla, Joe Hinrichs became a symbol of success in General Motors. Hinrichs had to take a path of trials and mistakes, but in the end, it became apparent...
Introduction Globalisation is a rising trend in today’s business environment. It involves international integration resulting from continuous exchange of culture, views, as well as products and services. It is mainly fuelled by advances in telecommunication and transportation infrastructure (Siegel, Licht & Schwartz 2011). Clever Clogs International is one of the...
Many reports, documented and anecdotal, have shown the issue of skills gap across many industries (Lasonde, 2016; Dewan, 2015). Hence, employers scramble to recruit the best available talents to meet shortages and execute their strategic growth objectives. However, a new workforce, millennials, presents varying dynamics to companies. Globally, the financial...
Introduction Leadership integrates followers and leaders. It also influences organizational objectives and mission. This paper discusses a leadership plan in the context of Invitations Inc. It first offers an overview of the leadership situation of the company before establishing a plan that integrates leadership roles. It presents a leader as...
Issues in Job Posting Notably, America is a country in which the US Equal Employment Opportunity Commission (EEOC) has prohibited any form of job discrimination. Therefore, it is inappropriate to post a job announcement that promotes practices aimed at discriminating people based on their age, sex, cultural or religious background,...
Background information Team leadership is a complex undertaking that requires numerous attributes in order to guarantee success and propagation of ideals that characterize group contexts. Team leadership necessitates probity and ability to communicate and share ideas (Sonnenschein, 1999). It is impossible for leaders to actualize and propagate thoughts in absence...
According to Chuang (2013), “leadership is a key component of all organizations but its function and capacity are getting more complicated with increased involvement in globalization and technology development” (p. 1). It means that in the globalized and culturally diversified environment, the management should necessarily take into account multiple issues,...
Introduction Marketing strategy is the marketing logic applied by firms to accomplish their marketing goals. A marketing strategy takes into account the cost of marketing, marketing mix, and marketing allocations to develop competitive settings. The objectives of marketing must be SMART (specific, measurable, attainable, realistic, and time-bound). An effective marketing...
Introduction It should be noted that researchers and theorists have been studying the problem of child labor and its impact on the children’s well-being for many years. In particular, they study how labor and economic activity affect the motivation and value orientations of adolescents and the way standards and working...
Strategic planning is a very important concept in the world of business (Afsar, 2011). Sear’s organization should have embraced this concept from the onset, before venturing into the real business. Large companies such as Sears always maintain a competitive advantage by simply setting missions, visions, goals, and objectives prior to...
Authors’ Position Spens and Kovács (2006) argue that the publications they reviewed had some indicators missing. Therefore, it was difficult to categorically determine the use of the three different research approaches that were the point of focus in this content analysis. However, despite the fact that the method used was...
Assertiveness and Cooperation Assertiveness and cooperation are crucial concepts that are used to solve conflict among people. While assertiveness refers to declining people’s opinions without offending them, cooperation is a concept that seeks to submit and cooperate with the conflicting party. The two concepts are used to determine the conflict-managing...
Understanding the basics of organizational behavior (OB), as well as the principles that the staff members are guided by when choosing a specific behavioral pattern, is essential for managers, as the skill in question enables them to not only coordinate the performance of the staff, thus, increasing the overall productivity...
Introduction Deaths at work have declined dramatically during the last century; however, despite the radical improvement of health and safety standards around the world, tragic events continue to occur. This decline can be attributed to fewer working hours, better working conditions, and computer scientists succeeding in “developing intelligent machines that...
Outsourcing call or contact centers is a common process that has appealed to many business leaders. This strategy has made it easier for firms to trim business costs especially in the current global economic climate (Agarwal et al. 52). The practice has been characterized by extra benefits such as improving...
Apple has become one of the iconic companies that have changed the way people think of computers and mobile devices. Steve Jobs was an inspirational leader who valued creativity above all (Whetten and Cameron 174). The company removed any boundaries or limits when it introduced such products as the iPad,...
Introduction The case of the Home-Style Cookies baking company that operates in the United States involves a few problems related to potential improvements that can strengthen the company and increase the effectiveness of its work. There are numerous companies that HSC can use as a reference model. Among them, there...
Introduction General Motors (GM) is an international motor vehicle company founded and currently based in the United States. Apart from designing and distributing vehicles, the company also owns a number of manufacturing facilities all over the world (GM, 2016). Due to the high competition in the automotive industry and the...
Marketing is the process of creating, communicating, and delivering products and services that are useful to the end-users and the community at large. Sports marketing entail marketing of sports products or non-sport products while linking them with various sports. It is however noted that sports marketing of products and apparel...
Corporate Communications (PR) Identification and Research Significance Corporate Communications involve both internal and external information that the company’s management addresses to its employees, target audiences, and partners. This system of information flow is aimed at creating the image of the company in order to achieve the consistency of its actions,...
Car industry has been developing day by day in many countries. The major purpose of this industry is to create, develop, improve, market, and sell motor vehicles, cars in particular. The progress of car industry is perfectly noticeable. For example, Marsden tells that during the 1970s, car industry in Britain...
Abstract The paper explores the way change affected the sphere of marketing and what field leaders can do about the occurring changes. The main aspect that caused several changes in the sphere of marketing is the rapid growth of technologies. Through the use of social media, market leaders can redefine...
Multinational companies have been operating for decades, and many people believe that these are organizations that fully enjoy the benefits of globalization. It is assumed that these businesses enhance their competitiveness through their diversity. However, Ghemawat emphasizes that the majority of multinationals are deeply rooted in their home countries (94)....
Business size innovative potential The innovative potential of an entrepreneurial business depends on its size.Chesbrough (2006, P. 2) states that ‘there exists a direct relationship between the amount and type of innovation a company achieves to the way it approaches, fosters, selects, and funds innovation efforts’.Innovation potential is essential, but...
