11286 samples of this type
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...
Introduction Digital marketing refers to a marketing strategy that involves the promotion of products or services online. Numerous online venues are available for online advertising including the social media, email marketing, short messages (SMS), and videos as illustrated in the following image. The invention of the Internet has enabled people...
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...
Executive Summary The main aim of this research was to examine critical factors that need to be considered when designing an LMD strategy to build human and social capital. As business landscape changes, effective leadership, and management are necessary to create sustainable business practices. Based on the reviewed literature, it...
Finance Systems Relationship between a Financial System/ Function and Other Systems / Functions The finance function represents the heart of every business. It is the ignition key for every business to thrive and prosper. In this case, it integrates all the other systems in the organization such, as the marketing...
Main Elements First and foremost, it is essential to identify the main elements of the statistics analysis. In the framework of this paper, the key statistical data that needs to be analyzed is the return and the standard deviation values for two stocks. Experts point out that the relevant variables...
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...
Introduction Background Throughout the past decades, the priorities of the business management have undergone critical changes. Thus, it is now evident that one of the key determinants of a successful performance is the customer’s positive perception of a company’s image or the so-called “brand’ (O’Guinn et al. 2014). According to...
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...
This paper summarizes “Exploring the Effects of “What” (Product) and “Where” (Website) Characteristics on Online Shopping Behavior” by Mallapragada, Chandukala and Liu. The article was published in Journal of Marketing in 2016. The aim of the paper is to ascertain the influence of product character (utilitarian or hedonic) and website...
Introduction Process mapping refers to the technique of utilization of workflow diagram to illustrate process flow, generate ideas for improvement, and enhance understanding of organization’s operation in achieving a specific goal. Formulation of process diagram requires initial identification of the process, the collection of information from the population, proper identification...
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 Boasting a Gross Domestic Product (GDP) of more than $1.7 trillion, Canada’s economy is ranked among the ten largest economies of the world (Toly & Segbers, 2016). A combination of different forms of transport is largely responsible for this performance. The health of the Canadian economy is linked to...
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...
Marketing Strategy for Pet Food Product This paper outlines the marketing strategies that I intend to use for launching my pet food product. The product is titled Nature’s Best and it is unique in that it provides natural ingredients that appeal to pets’ tastes and conforms to emerging market trends....
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,...
Negotiable instruments are written legal documents that emerged in the thirteenth century in England (Ellinger, Lomnicka, & Hare, 2011). The documents function as unconditional orders for a transfer of a specific monetary amount. Negotiable instruments can take the form of checks, promissory notes, and certificates of deposit among others (Miller,...
Introduction Minorities that most frequently face discrimination and harassment in the workplace are usually determined by their social and gender differences rather than their professional competence. Discriminated populations typically include people of color, female and non-binary employees, as well as personnel, deemed too young or too old to be considered...
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...
Under Armour became one of the most promising prospects when it came to the production of sporting goods. The company sees itself as a rival for such companies as Nike and Adidas. The strategy of Under Armour can be described as flexible and well-adjusted to the real-life market, but it...
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...
Since Organization and Leadership Review (OLR) has two goals – finding and preparing future leaders, and identifying the least effective employees and making them improve on their skills – it might present a good motivation for the workers. It devises a system of promotion based on assessing actual skills of...
Introduction In order to function efficiently in the environment of the global economy, an organization must conform to the existing quality standards and make sure that the services and goods produced to meet the stated expectations. Since navigating in the process of quality management is rather difficult due to the...
Abstract This paper deals with an effective training strategy at CEMEX. The strategy will cover such areas as customer service, technology, leadership, sustainability, communication, and special attention will be paid to diversity. The training will be held with the use of a constructivist approach and return driven strategy. Technology will...
Primary Recommendation General Electric Company Should Enhance Its Labor-Management Programs as They Are Much Poorer than in Other Companies This is the most significant recommendation as the company’s labor-management methods are not satisfactory, which leads to poor employee engagement and causes a negative atmosphere within the company. Several labor unions...
Introduction Current business trends that have come up as a result of technological changes and globalization have forced managers to upgrade their management and leadership skills to achieve success in today’s volatile commercial and noncommercial environment(Wheelen& Hunger 372-78). Business activities can now be done over the internet or at arm’s...
Education Pension Investment (EPI) is a prosperous company that operates in the investment segment (Whetten and Cameron 333). Thus, apart from the absence of support, Dan Richardson, one of the founders and CEO, made a decision to hire Mike Roth due to his outstanding performance and aggressive tactics (Whetten and...
Highlight the role that the board of directors should play in bringing oversight to IT at IVK. What’s important about the board’s role? Although IT became paramount to the business sphere, it remains the responsibility of IT departments. Nolan and McFarlan state that the majority of boards of directors remain...
Introduction Thorntons is one of the industry players, which have encountered several setbacks in an attempt to expand their market share. The mentioned company operates in the UK, where it controls a big share of the chocolate market. However, its attempt to penetrate the international market has backfired, apparently due...
The success of Infiniti’s marketing communication mix Marketing communication mixes that have been applied by Infiniti remains critical in attaining the required objectives. Moreover, the creative and innovative communication marketing mix is significant in attaining the desired outcomes particularly when the firm is operating in a highly competitive market (Burnett...
Integrated Logistics for DEP/GARD The following stages add value: The DEP’s seven-day delivery and the flexibility of the company: it can change the kind and quantity of the produced polymers; The interactive system which becomes a helpful instrument since it connects different departments and reduces the number of errors; Verifying...
The idea of reducing costs for a particular product by improving its quality and, therefore, spending more on the raw materials so that the production process outcomes could be deemed as improved compared to the previous record is not new. However, in her article regarding the opportunity of saving an...
Introduction Bulks of business entities employ the proposed Activity-Based Costing (ABC) approach to their distinctive pursuits of cost accounting (Vazakidis, Karagiannis & Tsialta 2010). Oseifuah defines ABC as an innovative cost accounting practice that cyphers and evaluates the cost and efficacy of activities, cost objects, and resources (2014, p. 585)....
Abstract The paper discusses the six-step training model for global leaders used to develop their cultural intelligence. The model was presented in the article by Earley and Mosakowski (2004). The researchers state that while referring to the cultural intelligence, it is important to avoid mixing the concept with the idea...
Executive Summary This report provides a critical analysis of Richard Branson’s leadership style. Branson is a renowned international businessperson. Born and raised in the United Kingdom, Branson established the Virgin Group in the early 1970s. Through several decades of his leadership, he managed to overcome obstacles in the business environment...
Why Needs Assessment? If an organization focuses on developing its talents, the first step should be a needs assessment because it is necessary to know what problems exist in the employees’ performance or their cooperation. From this point, the key reason to conduct the needs assessment is the necessity to...
Introduction Political risks are risks that occur due to the governments’ actions that have the potential to affect profitability or attainment of goals of a business (Kobrin, 1982, p.32). Generally, political stability or lack of it affects the viability of businesses to prosper in a given economy. Globalization and liberalization...
Introduction Innovation is the procedure for generating and executing a unique idea. It entails the process of taking utile notions and changing them into beneficial merchandises; which is a requirement for innovation (Lee, Wang & Chang 2011). Creativity is the power to unite notions in a new method or make...
Introduction Process improvement (PI) is most popular among researchers and practitioners nowadays (Veldman et al. 2014), and in this paper, an attempt at explaining this phenomenon is made. In particular, process management and its types, including PI, are defined, and PI is described in detail. The paper includes a discussion...
Literature Review of Marketing Activities in the Launching of New Products Launching a new product into the market is a very critical process in marketing management. According to Hauser and Shugan (2008, p. 78), when introducing a new product, a firm will need to engage in a series of activities...
Introduction For several decades, the dynamics in the marketing environment have shifted from predictable consumer trends to those that are complex and almost unpredictable. In the quest to unearth the factors that determine the trends and complexities surrounding client behavior, there is a need to examine the issue of social...
Balanced Scorecard is concept that is used in performance management as a tool to automatically manage performance and keeps track of the appropriateness of the execution of the tasks and activities by the workforce depending on their capacities and also helps in monitoring the consequences that arise from these activities...
Introduction Strategic HR management ensures that organisations achieve long-term benefits such as the core competence and positive business returns from their human resources. Strategic HR management is crucial for strategic planning and long-term goals of an organisation. This enables the HR to identify employees’ skills that can ensure an organisation...
Speaking of strategic alternatives, it is essential to note that the core goal for Poolarama is to attract customers who have swimming pools and hot tubes into the store. In this regard, the key focus is to be directed at growing the brand and product awareness among the target audiences....
Clipboard Tablet Company produces three types of tablets: X5, X6, and X7. They are characterized by a different level of popularity among the customers because these products are at different stages of their development. The cost-volume-profit (CVP) analysis should be applied to the discussion of the products’ prices in order...
Al Mansoori Group Organisational culture refers to the values, norms and traditions that employers and employees believe are the driving forces that help them to achieve their goals. Al Mansoori Group has a unique culture that enables it to offer quality services and products to its clients and at the...
The current fulfillment process at CVS seems to be overly complicated of the entrepreneurship to function efficiently and make sure that the customers’ needs are met adequately. Indeed, a closer look at the way, in which the clients’ requests are processed will show that the overall process is rather convoluted....
Introduction Firstly, it has to be understood that the company Fish Inc. operates in the seafood industry and strongly relates its operations to the food processing. The plant is located close to the Charlottetown. Despite facing challenging condition with the attraction of the qualified personnel, the company is planning to...
Segmentation Analysis The main issue identified for Softron Tax is low awareness and the need to establish a strong customer base in Ottawa; the issue is directly associated with segmentation. Segmentation is the primary strategic process that a business needs to conduct to ensure proper operation and development. The process...
Wells Fargo & Company (simply known as Wells Fargo) remains one of the most respected brand names in the global finance industry. It is currently a revered “financial services holding company” (Wells Fargo, 2016, para. 3). The company’s human resource (HR) practices are critical towards empowering more workers. However, there...
Organizational Culture: Essay Introduction An organisation’s culture plays an integral role in influencing its success. Particularly, the corporate culture entails the values and behaviours that account for the uniqueness of the organisation’s psychological and social environment. The culture is founded on an array of shared features, including the rules, beliefs,...
Abstract Leadership is defined as the social process of influencing others in the organization to realize the major managerial objectives and aims. This entails the embracing of teamwork, whereby an individual seeks the support of another person to improve on his or her weaknesses. Recent scholars of management define leadership...
Introduction International trade has transformed the lifestyles of many people in the world. Human beings are using different services, goods, and foods produced over a thousand miles away. However, this scenario presents both negative and positive consequences. Many scholars have been examining the issues associated with international trade. This form...
Introduction The Sikorsky Aircraft Corporation has been in need of an update of its quality policies for a while. Although the percentage of the current defects is passable, there are means of reducing it (Kubiak & Benbow, 2014b). A set of tools for addressing the issue, including the provision of...
Techniques for Maintaining Positive Relationships If a person does not achieve the desired results in the workplace, it means that he or she does not fulfill the obligations to an employer. It is necessary to define the methods that will help to bear responsibility for achieving professional goals to avoid...
What is JIT? The JIT commonly refers to the just-in-time method of production. The major area of its implementation is the Japanese car manufacturing. It is a holistic system of managing the process of production. The major objective of this manufacturing method is an attempt to reduce production waste and...
Living in the realm of globalization, people of the 21st century engage in the multicultural communication process on a regular basis. Be it a part of their job or heir pastime, intercultural communication has become an integral part of the American people’s lives, a fact, which Wal-Mart leaders have taken...
P&G CASE This recommends the implementation of the North America Compaction Roll Out. In this framework, Powder Laundry Detergent Compaction will be undertaken as well. Mainly, this initiative will lead to substantial market growth and enhanced customer loyalty, which is likely to enhanced profitability over time. It is also targeted...
The Top Ten Companies The franchise list features firms from different franchise categories. According to the Entrepreneur’s (2016a) ranking, the top ten companies that pursue franchising as a mode of international expansion include: Jimmy John’s Sandwiches (Food). Hampton by Hilton (Mid-price hotel). Supercuts (Hair salon). Servpro (Insurance/disaster restoration and cleaning)....
Analysing the Brand Introduction De Beers is a jewellery brand created through a partnership between Louis Vuitton Moët Hennessy (LVMH) and the De Beers Group of Companies (‘Diamonds: De Beers raises production’ 2009). It is the world’s leading diamond exploration and mining company. It is also engaged in the trading...
Abstract The case study analysis is focused on selecting the best career option for Alan Wilson. The purpose is to choose the option that is most beneficial to make a difference. Although accepting the offer to work for Grepter in Zurich Alan acts rationally, this choice is most efficient to...
Team communication presents one of the most significant elements of the successful operation of any team. There are various approaches, theories, and concepts that strive to explain the process of team communication, enhance it, and integrate its members. This paper considers intercultural communication, Monroe’s motivation sequence, and teamwork theory that...
Business Description PayPal is one of the world’s oldest online payment companies. It connects more than 150 million users globally to a virtual payment platform that allows them to purchase goods and services online. The American company supports online money transfers between customers and merchants in a model that substitutes...
SCM and Kirkpatrick Brinkerhoff’s Success Case Method (SCM) can be discussed as an alternative to Kirkpatrick’s Return on Expectations (ROE) model that is used in order to evaluate training. Training groups can benefit from using SCM in addition to Kirkpatrick’s model because such type of the training analysis allows for...
In America businesses have existed all through the time of colonial era to what they are today. Nevertheless, things have changed on various aspects such as the nature of operation and rules, which govern them. All these business required manpower to be able to produce more products and provide services....
Trend Analysis and Changes over the Last Two-Year Period Revenues The income statements of the two firms over the last two-year period indicate increasing trends in the revenues. The net income for GlaxoSmithKline increased from £4678 in the financial year 2012 to £5628 in the 2013 accounting period (GlaxoSmithKline, 2013)....
GM’s use of forecasting and the way it drives the capacity planning strategy Forecasting is necessary for generating the strategy and the plan for carrying it out because it is close to impossible to design the company’s development plan without trying to figure out the future prospects. The company might...
Apple’s Prioritized Suppliers According to Apple’s “Supplier Accountability Report,” the company’s suppliers employ more than 1.6 million people in 20 countries around the globe, which means that there is an increased responsibility for the corporation to prioritize and make sure that the key players are on the top level of...
Star Endorsement To endorse the organic vision of the product, a Canadian celebrity may be invited to participate in the marketing campaign. The celebrity can either be a sports star or an individual strongly associated with a healthy lifestyle (e.g. a nutritionist). This strategy would target the customers oriented towards...
The risk manager should develop allocate some funds into risk insurance. This will enable the company gets the necessary funds to be able to reduce losses (Rejda 49). The manager should also try to make sure that there are other potential partners, and the company will be able to provide...
Concepts of Entrepreneurship and Innovation Management Nowadays, it remains evident that the business world tends to evolve, and its growth is accompanied by an extended variety of concepts and their development. It seems that they are highly similar, but the presence of differences makes them applicable in different spheres. For...
Analysis of the company’s mission, vision, and performance Bidco Oil Refinery Limited is a multinational company that specializes in edible oil production. The company has its headquarters in Thika, Kenya. It started in Kenya as a textile company in 1985. Due to the increased market liberalization in the country, the...
Introduction Contemporary business activities have become increasingly complex for entrepreneurs. This situation has compelled organizations to implement robust operational practices in an attempt to address the needs of employees, customers, suppliers, and competitors among other stakeholders. Various factors that should be considered in operational management include excellent delivery of services,...
Introduction Xiaomi is a relatively young Chinese startup company that specializes in highly cost-effective consumer electronics. In 2014, the company entered a rapidly growing fitness wearables market by introducing Mi Band. In one year, the company managed to become the second-biggest seller of fitness trackers, with almost 25% of global...
Leadership Leadership is typically viewed as a set of measures aimed at setting the goals to be accomplished by the organization, as well as set the pace for the participants to operate so that the objectives in question could be attained (Kubiak & Benbow, 2009a). As a rule, it is...
Why Emsley states that “innovation is generally regarded as an important research topic”? According to Emsley (2005), “innovation is generally regarded as an important research topic.” The author refers to the idea that innovations should help organisations in the process of adaptation to the changing business environments and survive successfully...
As a private company, Galanz consists of 14 production facilities that operate across China. It is one of the largest companies in the world in the microwave business. The structure of the company is based on three main segments. The first structural segment deals with Original Equipment Manufacturing (OEM). It...
Introduction Two vital responsibilities of the docket of sales management are selection and recruitment. The two functions also fall under the department of human resource management. Linking selection and recruitment duties formed the notion known as the Employment Discipline. However, the two disciplines possess distinct roles. Selection and recruitment disciplines...
Abstract Boeing remains one of the leading innovators and marketers of superior aircraft in the global aviation industry. The Boeing 787 Dreamliner is a superior aircraft that has attracted the attention of many corporate clients. The proposed marketing plan entails the use of competition to dictate prices for the aircraft....
Introduction Bottlenecks are specific issues or problems that occur in the operating process and slow down the entire work of plants and organizations. Although bottlenecks often hurt operational processes, they can be used to improve the efficiency of organizations if identified correctly. The paper aims to present how bottlenecks are...
Although the process of globalization has affected the operations of numerous companies worldwide, these are not uniform principles that allow firms to attract the attention of local populations. Quite on the contrary, an in-depth analysis of local cultures and their unique characteristics is what helps create a perfect selling point....
Introduction The complexity of the marketing environment for organizations that operate in the current competitive market calls for the integration of marketing communication. This demand introduces the first question that organizations need to consider when developing a marketing communication policy in any market: Does the organization have the capacity to...
Chipotle’s Original Supply Chain Chipotle Mexican Grill (CMG) differentiates itself as a quick-service restaurant chain that uses natural ingredients produced in a socially and environmentally responsible manner. However, the restaurant has faced a food safety crisis following contamination incidents with “E. coli, norovirus, and Salmonella” that affected over 514 people...
In her article “Standard Costing at 90 – Is It Still an Effective Management Accounting Tool or Has It Analyzed One Variance Too Many,” Joan Toon focuses on discussing the usefulness of videos on management accounting. Topics mentioned in the article include the problem of standard costing, the question of...
There is a large variety of methods of initial assessment. Different companies have different preferences when it comes to the specific methods they employ to select the candidates. Each of the methods has its advantages and disadvantages. There is no right answer to the question which methods are better to...
Introduction Creating the environment in which employees will be able to excel in their performance is an absolute necessity for an organization to exist and, in the best-case scenario, thrive in the context of the contemporary global economy. Therefore, the introduction of a cohesive and efficient measurement system must be...
Abstract Banks and other financial institutions forming part of the financial system contribute greatly to the development of any economy. Business and industrial enterprises look for increased financial support from these institutions, since they can develop and introduce innovative financial products and services. Because of the nature of products and...
Introduction Creating a flawless environment, in which waste is reduced to zero, is practically unattainable). However, striving for waste reduction is an essential part of any enterprise. Sikorsky Aircraft is no exception to this rule; incorporating the approaches such as Just-in-Time (JIT), Lean Manufacturing, and the Six Sigma framework, the...
Article’s Topic: Importance and Relevance The targeted Harvard Business Review article for this exercise is “The Truth About CSR” by Kasturi Rangan, Lisa Chase, and Sohel Karim. The authors treat corporate social responsibility (CSR) is a critical aspect of business culture and organizational behavior (OB). The article encourages organizations to...
Every company that achieved great results in its native country strives to cover new territories and expand its production into other markets of the global community. As the concept of globalization and cultural diversity is a well-known issue, entrepreneurs from all over the world try to address these issues and...
Introduction Many people believe that leadership is an issue that can be developed through training. Others especially those in the olden days believed that leaders were born. But I have come to realize that leadership is a diverse topic. This can be seen right from its definition to the many...
Industrial Relations We are currently living in a world where industrial peace has to be fostered. This can only be done using industrial relations. The mechanisms inherent in this concept can serve for the benefit of both managers and employees. These two parties can freely discuss the state of affairs...
Crisis management planning is an organized way of mulling over the misfortunes that may affect an organization or individuals. In crisis management, flexibility is highly essential as opposed to a step-by-step process to accommodate possible dynamics. Flexibility helps in the diagnosis and addressing of specific issues. Although a crisis is,...
Introduction Leading change is one of the most fundamental aspects of leadership. The process of making changes in an organization is perhaps the main responsibility of leaders since it leads to the accomplishment of the goals and objectives of an organization. According to Spiro (2011), leading change is a deliberate...
Determining the project selection criteria is a crucial step toward making sure that the primary objectives are met, the essential goals are accomplished, and the basic lessons are learned. As a rule, the selection criteria can be defined as a combination of elements that determine the boundaries for locating the...
The article by Garavan considers the concepts of training, development, education, and learning, and their relationship to the process of human resource management and development, and argues that the first three phenomena should be viewed as a whole that is tied by learning. This paper summarises this argument and provides...
Introduction Justin Bieber fans must have been happy to the max when their beloved appeared at their doors with a cameraperson and a box of acne treatment medication. Whether there was some casting for the most pimple-faced Bieber fan or not, it was an all-round ad campaign launched by Proactiv...
What is meant by “policy risk” and why can’t firms engaged in international business “hedge” against it? The term “policy risk” refers to the danger to an investor’s reduction of financial returns from an investment owing to failure to implement laws and regulations or a decision by the government to...
Creating a learning organization has been an anticipated attainment attributable to the concept that it offers a setting that will endorse discovering innovative notions in order to obtain information (Baker & Camarata, 1998). Learning organizations are founded on operative communication and constructing consistent relations within the framework of the team....
The use of bar codes and Radio Frequency identification has certainly had some positive and negative effects on basic logistics processes. Technology has greatly improved shipping, transportation, receiving and in-facility operations. While improvement in these basic logistics processes is welcome, it is important to note that the gains have been...
Introduction According to Grace and Cohen (2010), whistle-blowing refers to the act of making known things that an organization wishes to keep secret to protect its image. Even though this may work for a while, an organization might suffer negative consequences in the long run. Is all Genuine Whistle-blowing External?...
Diversity Leads to Prejudice According to Allen (2009), interpersonal communication in a diverse workforce is susceptible to prejudice. Consequently, organizational leaders and workers are required to choose their words correctly and structure a message in such a way that it is void of ambiguous phrases. Beamer (2007) maintains that jargon...
Executive Summary Consumers love a bargain no matter their market demographic and some consumers continue to patronize the same types of stores for their purchasing needs. With the holiday season closing in, Bank of America is releasing its new Silver A-Plus card in an attempt to capitalize on the increased...
Abstract The paper presents the leadership action plan oriented to achieving the goal regarding the development of leadership skills with the focus on working in ambiguous and diverse cultural contexts. The action plan is based on the detailed discussion of the modern vision of the global leadership and cross-cultural communication...
Introduction Professor Heifetz in the article, “Adaptive Change: What’s Essential and What’s Expendable?” looks at the process of change, especially how people view the whole process of change. According to this article, people are usually optimistic about the process of change but they do not consider what they are going...
Introduction The issue of investment is a primary concern for both an experienced entrepreneur and a beginner. The choice of funding opportunities predetermines the development of a company and its place on the market. It can influence stake distribution and stimulate the company’s development. Entrepreneurship Peculiarities In the process of...
