11342 samples of this type
Description of the Chosen Framework The ethical framework for making business decisions that I have developed for this task is based on two theories: the utilitarian theory and the rights theory. The utilitarian theory was first introduced by Epicurus of Samos, who claimed that the best and most ethical way...
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 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 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...
Introduction SWOT analysis is utilized in the identification and categorization of internal and external factors that impact the performance of a business organization. Internal factors are the strengths and weaknesses of business while external factors are opportunities and threats that characterize an organization. Organizations could have control over internal factors,...
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...
Executive Summary This report was focused on utilising innovation and creativity theoretical models to improve the work environment at the National Pharmacy L.L.C. The motivational and creativity problems identified include inconsistency in task allocation, an informal approach to balancing competing needs and a lack of a structured creativity and motivation...
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)....
Strategic sourcing is a procurement process that continuously improves and re-examines the buying activities of an organization. Strategic sourcing is the backbone of any organization functions. Strategic sourcing is important to a company because it determines its operations and overall profitability (Maromonte, 2008). Strategic sourcing is one of the major...
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...
Introduction The market of Hi-Fi equipment comprises several sectors. They include media players, Blu-ray players, headphones, sound bars, speakers, and other products necessary for high-quality sound reproduction. The global Hi-Fi market has been experiencing an increase in recent years due to the development of wireless technologies. Taking into account geographic...
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...
When Cheryl Smith, the new CIO, arrived at WestJet, she was asked by the CEO to advise whether the company had an adequate IT infrastructure. Assessed Aspects of the WestJet IT Situation One of the overarching purposes for WestJet to hire Cheryl Smith was to receive an accurate assessment of...
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”...
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....
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...
Introduction The catering industry is a profitable and successful platform for starting a business if the strategy is thought out in advance and the terms of the business plan correspond to the current market opportunities. As an analysis of such a venture, the Yalla Momos restaurant for expatriates in Dubai...
Organizational Goals and Vision Google’s vision of providing access to the world’s information in one click is in line with its primary goals. It is particularly relevant to the search engine service for which the company is popularly known. The service has enabled many people to access the needed information...
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...
Abstract This paper discusses one of the key strategic elements of operations management, which is customer service. It focuses on the importance of paying enough attention to this concept for any organization, regardless of the industry in which it operates. The paper reveals how these actions affect a company and...
Marks & Spencer (M&S) is an international, multi-channel retailer specialised in food and fashion. Currently, food business accounts for 58 per cent of the enterprise’s total turnover, while clothes and home business – for 42 per cent (M&S 2016a). Quality and innovation are the core values incorporated into M&S organisational...
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...
Executive Summary Corporate social responsibility encourages organizations and investors to conduct their operations in a principled way. Thus, corporate social responsibility enhances the image and growth potentials of business investments. However, the term social responsibility portrays different meanings across borders. This paper seeks to discuss corporate social responsibility from the...
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,...
In contrast to the intercultural competence, the intercultural incompetence can be defined as managers and employees’ prejudiced behaviors, negative attitudes to representatives of different cultures, and stereotyping (Deardorff, 2009). If the intercultural competence is important to guarantee the mutual understanding, cooperation, and openness in the organization, the intercultural incompetence can...
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...
On the surface, alcohol might seem to be the easiest product to market since its audience develops an acquired taste, and customers’ purchasing ability is restricted mostly by age. However, as an overview of the history of alcohol marketing shows, the process of promoting the product has been fraught with...
Introduction Queuing for service checkouts is a common experience among all shoppers. To address this obstacle, organisations employ self-service checkout machines. Such machines are important during peak times. They provide customers with an opportunity to make choices about how they would like to complete shopping processes. They can choose to...
What explains PayPal’s early success? PayPal has been able to realize high profits and returns due to the excellent services that it has provided over the years. The over 28 million accounts active by 2006, and 100 million registered users have enabled the company to realize high returns in the...
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...
PepsiCo is one of the leading food and beverage companies in the US and the world as a whole. It is involved in the production and selling of eighteen brands of beverages and snack foods and makes close to $98 billion in retail sales. PepsiCo brands include Pepsi Cola, Quaker,...
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...
Introduction Nowadays, the construction sector seems to be one of the most important and rapidly growing industries in the UAE. This is caused by the extensive development of various other sectors, including hotels, residences, and cooperation with major international companies as well as upcoming events such as EXPO 2020, for...
Executive Summary The report presents three elements of PESTEL for Chick-fil-A to use in its decision to expand to Qatar. These include political, economic, and legal. The country is politically stable for investment. Economically, the impacts of low global oil prices have led to a decline in economic growth. Finally,...
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...
Introduction Over the last few decades, multinational companies have faced serious issues concerning exploitation of workers. Additionally, multinational companies have been accused of unethical behavior in their overseas operations. Particularly, the companies have faced issues in their management strategies. The case study examines Mattel, Inc., which has encountered several issues...
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...
Leadership is an evidence-based practice that seeks to maximize the performance and effectiveness of others. Leaders can engage their subordinates through the use of powerful dexterities such as teamwork, appropriate coordination, personal influence, and communication of a vision. Successful managers understand how to engage others by addressing their concerns, identifying...
The aviation sector is one of the most competitive industries not only in the United States but also in other countries around the world. The industry is characterized by many other challenges such as fluctuations of oil prices in the global market, terrorism and insecurity, strict government regulations, and the...
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 Supply chain management is the management of the system that involves the provision of goods and services to the final consumer. The system thus begins from the movement of raw materials up to the point at which a consumer receives the good or the service. This paper seeks to...
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...
Introduction Today, in the 21st century, the capacity to create, transfer and manage knowledge is perceived as critical in contemporary knowledge economy (Ray, 2008). Arguably, a prominent corollary of knowledge management as documented in modern management theory is that it is one of the fundamental foundations for the creation and...
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...
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 Futura is a company that deals with extrusion of aluminum and manufacture of different products for its market. It is a company whose main aim, just like any other business, is to increase its profits, improve its performance and also ensures customer satisfaction every day (Vonderembse & White, 1996)....
Introduction Nowadays rapidly developing world presents the state-of-the-art technology that is integrated into many spheres of life, thus facilitating human labor. It is especially important to emphasize the role of modern trends with regard to forced labor and child labor as well as slavery. The ethical manufacturing aiming at the...
Introduction The paper aims to analyze the case study of the smoking ban used in Weyco Inc. from a deontological (non-consequentialist) perspective. Deontological ethics are based on the assumption that an individual’s actions are defined not by the consequences of a deed but their moral obligations or duty. Moreover, deontology...
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,...
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...
Market-Oriented Mission Statement Fitbit’s current mission statement is customer-oriented, which is a good thing. A company based around catering to the wants and needs of the customer is more likely to find success when compared to a product-based company suffering from market myopia. Market myopia is what brought down giants...
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...
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...
Executive Summary Creativity and innovation are the key instruments of success in the corporate world. They aid in mobilizing resources with new aspects to create wealth. Creativity and innovation therefore lead to wealth creation. Organizations such as Procter & Gamble manage to achieve competitive benefits when they become creative and...
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 Corporate Social Responsibility (CSR) refers to the initiatives sponsored by a firm to promote the wellbeing of the community in which it does its business. In the recent past, the concept of CSR has gained root where each corporation is seeking to gain customers’ loyalty by giving back to...
Introduction Embraer is the third largest aircraft manufacturer in the world. The company has undertaken several strategic decisions that have improved its competitiveness. Government support and specialization in the regional jet market are some of the key success factors of Embraer (Khandwalla, 2001). Embraer faces increased competition from Bombardier. This...
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...
The Kurt Lewin Change Management Model Developer The model was developed by a German physicist Kurt Lewin who immigrated to the United States in the early 1930s. He is known as a founder of social psychology (NHS, n.d.). Description of the theoretical perspectives The framework of his model consists of...
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...
7 Practices of Effective Ministry is the book written by Stanley, Joiner, and Jones with seven main tasks for effective leaders being discussed. The peculiar feature of the book is the authors’ intentions not just to teach the reader but to share a story that demonstrates how to use hints...
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 JP Morgan Chase & Company is the largest bank in the United States that offers banking and other financial services. It has a market capitalization of approximately $2.145 trillion. It was founded in 2000 after the merger of two financial institutions namely J.P. Morgan & Co. and Chase Manhattan...
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...
Abstract With globalization, diversity, and how to lead a diverse workforce is gradually becoming one of the most important issues in business. Diversity in the workplace affects both the productivity and efficiency of employees in several ways. The purpose of this paper is to discuss diversity and diversity management at...
The evaluation of Keurig’s coffee machine must start from its estimated pricing range and product qualities as perceived by the market. When it comes to household appliances, customers are often looking for the fair price versus performance as a primary criterion of judgment (Kotler, Keller, Sivaramakrishnan, & Cunningham, 2013). Other...
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...
There is a staffing problem that needs an urgent solution. The concern for many organizations is how to deal with staffing issues. The success of any employer relies on the quality of staff the organization has. It also depends on how one acquires and maintains them. The exit programs must...
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...
Overview of the company Wal-Mart operates in retail stores that are widespread in the United States. The stores are also available in other countries. The enterprise branches include discount stores, neighborhood markets, and supercenters. The company has a distinguished competitive advantage in the market. The firm is the largest retailer...
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...
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...
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...
Description of the organization This paper is aimed at examining the functioning of such a company as Facebook, Inc. This organization maintains a social networking site that is accessible in various regions of the world. Currently, the number of their active subscribers equals approximately 1.11 billion (Hubbard, Rice, & Galvin,...
Organizational Structure Definitions from an arts management perspective (Parker, 2012): The mandate is an authorization of an arts organization to perform particular actions (e.g. provide education, mentorship, leadership, and other services) as well as to serve clients coming from all existing artistic fields with any budget. Mission (mission statement) is...
Introduction This paper is based on the topic of management principles. It explores the topic by providing the definitions of manager, management, and organisation. The definitions are followed by a discussion of why managers are important. Other issues which are discussed include organisational structure, SWOT analysis, and organisational culture. Manager...
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...
Abstract This paper delves into the business practices implemented by Panda Express and Clif Bar and attempts to showcase the effectiveness of developing positive attitudes in the workplace and its impact on employee performance and retention. Introduction The power of a positive attitude on the part of employees supposedly enhances...
Papa John’s Pizza is one of the few companies that provide their clients with high-quality products and eminent customer service at the same time. The incomes of the company per restaurant are averaging almost $1 million. Papa John’s Pizza was able to conquer the market due to several strengths inherent...
Introduction Leadership styles lie at the bedrock of any functional administrative unit. Over the years, different issues have informed the leadership styles adopted by multiple leaders around the world. Most of them revolve around the changing nature of security threats, the realignment of political alliances, and the growing importance of...
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 –...
Acquire training resources For any training to occur, the trainer and the trainee have to be ready for transfer and acquisition of knowledge. The training resources include writing materials, training locations, and facilities. It may also require the trainer to use electronic gadgets like the projector, laptop, and the public...
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...
Maslow’s Hierarchy of Needs One of the most well-known motivational theories, Maslow’s Hierarchy presupposes that the actions of an individual are aimed primarily at satisfying their needs, the physiological being the basic ones, whereas the necessity for self-actualization, which refers to the realization of one’s potential, comes at the very...
Introduction The present-day system of employees’ benefits and compensations is a complex area of research, which dates back as far as the 19th century when the industrial revolution took place. The rapid technological development brought about an unprecedented increase in accidents at the workplace. However, the only way to receive...
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...
Introduction We now live in a world that is considered to be much better than at least half a century ago. Everyone can observe the rise of technologies and their implementation in different spheres of human activity. Moreover, there are numerous attempts to promote equality and provide people with the...
Introduction Any services marketing strategy aims at delivering processes and experiences to customers. It is expected that a company has to focus on its customers and identifies their potential needs to provide them with the required portion of the support, understanding, and services. Services marketing is the field within the...
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...
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...
Executive summary Corporate fraud is a major challenge that has persisted in the business environment for the past decades. Despite the numerous efforts made to curb this problem, some of the approaches are reactive, while others have been counterproductive. This report identifies the trend of the occurrence of corporate fraud...
