11160 samples of this type
Swanson, Territo, and Taylor (2016) cite four leadership theories that they characterize as the “new” ones. They are geared towards a more ethics-based approach to leadership and emphasize the importance of moral decision-making (Zhu, Zheng, Riggio, & Zhang, 2015). It appears that all the theories have their merits, which makes...
Introduction Hyde Park Electronics is a family business with 42 employees and manufactures ultrasonic proximity sensors. Initially, the business had concentrated more on the cash management and strict sales management but lacked a long-term strategy that would ensure continuous success. After taking over as the CEO, Lewis and his team...
Abstract This paper gives a summary of the research that was conducted to understand the unique issues surrounding the use of big data in the supply chain. The discussion identifies the major opportunities associated with the continued use of big data. The emerging obstacles affecting the use of big data...
The Human Resource Selection process is very important. It determines the kind of candidates who will pass through to become employees of the Organization. The paper would examine the combination of three selection methods. After the job applicants have gone through the recruitment stage, they now enter an important stage...
Project Name and Purpose The project name is the Employee Recognition Framework. It is established to help in designing, developing, and implementing the recognition framework for the employees in an organization (Swider et al., 2015). The issues such as communication strategy, policy framework, healthy workplace, and retention of the workgroup...
The Parameters for Evaluating the Sufficiency of Different Types of Data There are two major types of errors that can occur due to the insufficient evaluation of data – false negative and false positive; the former error happens when the null hypothesis that was actually disproved by the data is...
Introduction Strategic planning is a crucial process that allows companies to plan their business according to their capabilities and resources. The process involves careful consideration of market factors and conditions that could affect the company’s decision in the future. The changing spectrum of competition requires companies to monitor the outcome...
One realizes the fact that the evolution of modern society is based on the development of scientific thought and numerous digital devices that appear due to technological progress. The implementation of these new tools results in a significant reconsideration of the traditional approaches used to perform some important activities. Furthermore,...
Ethics Audit: Key Stages of the Process Institutionalizing ethical standards in an organization setting is an essential step toward creating the environment in which a company can not only operate but also thrive. Ethical principles are required to build a competent communication strategy, make decisions at the corporate level, and...
Outsourcing and Offshoring Although often used as synonyms, outsourcing and offshoring are, in fact, quite different from each other. Outsourcing typically presupposes buying certain services from a different company, whereas offshoring means shifting the services of a company to a different location (Hearh & Kishore, 2009). In addition, outsourcing can...
Introduction Three candidates were referred for the Human Resources Director post. However, the best finalist for the job was Shawanda Jackson. Ms. Jackson was chosen as the qualifier using a well-planned strategy. The other two candidates, Mr. Sam Fein and Ms. Lola Vega were similarly remarkable, but they would not...
Analysis of the challenges facing the merger of the Royal Dutch Petroleum Company and Shell Transport and Trading, and recommendations on how these should be confronted The merger faced many challenges ranging from political to economical which made the management distort the company’s core values and objectives. The areas of...
Introduction This is a diversity management strategy report for Aramex as a multinational corporation (MNC). It is expected that the strategy will enhance Aramex’s competitiveness in the global economy. The report clearly explains the principles of diversity management for the Aramex, identifies the challenges faced by the company in introducing...
Leadership provides a means for organizations to pursue their goals. The vision determines where the team wants to be in the long-term. The Toyota lean principles are important in the day to day running of organizational activities. The fourteen principles guided the success of Toyota’s change of strategy. The Toyota...
There is no use denying the fact that the world dictates its own conditions for people. Coherent society appreciates strong willed people, who are able to respond to changing environment and become successful. Moreover, it should also be said that the skills of team work are also needed for a...
Abstract Diversity in terms of promoting individual differences in organizations can be discussed as typical for many companies today. Diversity in organizations is usually viewed as a positive phenomenon, but the managers’ approaches to addressing diversity can be various and rather ineffective while depending on the global tendencies in this...
Every enterprise requires good record keeping. Valuing a business is critical to its success. It is prudent to establish the valuation techniques that suit one’s business. Adjusted Present Value and Net Present Value are some of the valuation techniques to examine. Adjusted Present Value It is the Net Present Value...
Introduction to the Topic Area The performance of an organization largely depends on the existing organizational culture. It has been acknowledged that companies with strong cultures can be characterized by good communication and collaboration, as well as a favorable atmosphere, which results in employees’ commitment to the established organizational goals...
Introduction The article How to Keep Your Employees Motivated in a Downturn by Peter Twemlow (published in The Guardian newspaper on the 20th of November 2012) investigates a highly important topic of employee encouragement in the period when the company is going through hard times. The recommendations the author provides...
Introduction In the last five years, the infamous deepwater horizon oil spill has generated heated debate across the globe on the sustainability of oil mining activities of the BP Company and other competitors. The deepwater oil spillage begun in the region of Gulf of Mexico and has had one of...
Introduction The demands and challenges of the world’s population are increasing rapidly. These needs range from organisational inadequacies to corruption, from environmental conservation to disease or from transport to technology. This aspect means that entrepreneurs have an array of opportunities to create a business venture. Entrepreneurship entails not only the...
Introduction Large companies and corporations in different countries can be extremely dissimilar in terms of preferred practices and accepted values. Nevertheless, when it comes to the key similarities between them, it needs to be said that the work of every corporate management team is aimed at leading a company to...
Nike Inc. was established in 1964 under the name Blue Ribbon Sports. Today, the company focuses on the design, manufacture, and distribution of sportswear and accessories. It produces sports shoes, apparels, and accessories like gloves, bags, and sunglasses among others. Nike sells products under its brand (Mahdi et al. 2015)....
Logistics Logistics refers to a combination of processes associated with the management of products and services that flow between their original point and the point of consumption. As a rule, logistics is concerned with whether the existing movement of goods and services meets the requirements of customers and companies. For...
Introduction This memo is about market-based compensation program effectiveness. It offers a working definition of a market-based compensation program and then uses that definition to describe features of the program that a firm would consider when planning and implementing it. The definition and arguments offered are based on secondary scholarly...
Introduction The chief aim of this paper is to present a cross-cultural briefing report on behalf of Clever Clogs International to its new female Muslim manager in her mid-thirties who Clever Clogs International intends to transfer from Lebanon to Amsterdam, Netherlands. The report will focus on the current state of...
The use of necessary skills in work is an essential part of almost any profession. The better the employee is oriented in the assigned tasks and can execute orders in a qualified manner, the more likely that a specific organisation will receive a professional worker. An appropriate application that helps...
Introduction Recruitment is the process of analyzing, attracting and hiring qualified candidates to fill a given job position in the organization. However, this process is currently full of fraudulent practices, especially on migrant employees throughout the world. Fraudulent practices of recruitment agencies and employers make the biggest problem for migrant...
Introduction In the modern world of business, companies have to engage in stiff competition in order to survive in the market. This pertains not only to companies working inside one country but to international businesses as well. On the whole, it is paramount for such organizations to appropriately formulate their...
Sears image creation using social media Sears has been around for over 100 years. Its recent launch of social media and product placement campaign aims at appealing to a young market aged between 10 and 17 years just before they get back to school. To achieve this, Sears has collaborated...
Introduction Global trade leads to large-scale transfers of cheaply and efficiently processed foodstuffs from unidentified sources to foreign markets. This situation has resulted in growing concerns about the disappearance of local food traditions, reduction in the quality and safety, and detachment between food production and consumption. As a result, a...
Introduction One of the most noted entertainers originating from Canada, Cirque du Soleil often does not need an introduction after it completely captured the minds of many people from different continents and managed to create a new space in the entertainment market. Cirque’s Blue Ocean strategy was directed at challenging...
Institutional Conditions and Transitions According to the definition that was given by Mike Peng, institutional transition ‘can be defined as fundamental and comprehensive changes introduced to the formal and informal rules of the game that affect the organizations as players’ (Peng 2003). Although the fees for the schooling seem to...
Introduction The following essay is concerned with the strategic implementation aspect of organization. The essay examines the strategic implementation of the General Motors Company where I work. The essay determines as to whether it is true that the implementation is the most difficult aspect of strategic management. The main objective...
Carrying out tests in the manufacturing setting is an essential step towards improving the production values in an organization and delivering the products and services of the finest quality. Although the ANOVA testing tool is not traditionally viewed as a part and parcel of the manufacturing setting, it is still...
How can Wrist & Rye improve its functioning and attain higher revenues by choosing an online marketing campaign? Wrist & Rye is a specific company that is focused on the creation and distribution of jewelry for men who adhere to a particular lifestyle. However, at the moment, it needs a...
Executive Summary Paint Party aims to provide painting opportunities, arouse aspirations, and enhance the satisfaction of amateur and intermediate painters. Analysis of the market shows that there are painting enthusiasts in college who need to hone their artistic skills. Moreover, the analysis of the market shows that amateur and intermediate...
Metrics of Success There is a multitude of metrics in the article that show the success of the Bellevue Mall. The first is that the price per square foot of store space in the mall is three times higher than average. The perceived decline of physical retail could lead a...
Introduction Marketing a new product is often associated with significant risks as the product can be unpopular or even go unnoticed, the target audience can remain indifferent to it, and so on. However, the benefits of developing and marketing new products are also unquestionable as the ability to market them...
What problems or inefficiencies did the founders of PassAct see that led them to start a new firm? In the middle of 90th, Louise Rawlings and James Blevins were employed in the trade for the main dealer of electronic units. They noticed firstly a precise irritation met by scientists at...
Executive Summary The paper at hand is devoted to the analysis of the process of strategic management basing on the Coca-Cola case study. In the framework of the relevant study, such aspects as a mission statement, a vision statement and values were examined. The principle aim of this analysis resided...
Abstract Mission and vision are important aspects of the company’s corporate image. However, their role is not limited to communicating the company’s intentions. When accompanied by sound planning, mission and vision improve the performance of the organization on several levels and increase the effectiveness of managerial practices. Fundamentals of Planning...
Eleonora Paolocci’s article “Digital Strategies of Consumer Involvement and Innovation Dynamics: A Cross-Sector Explorative Study” (2014) is devoted to the investigation of the collaborative process between consumers and providers through digital technologies. The nature of this study can be examined with the help of the research onion suggested by Saunders,...
Contingency plans are essential for the majority of organizations. They allow the company to have a course of action even when the original plans become obsolete due to an unforeseen problem. Natural disasters, terrorist attacks, sabotage, technical errors, and a great number of other issues may cause a company to...
Audience analysis is normally carried out by any technical writers when they intend to undertake a project of any size. It involves assessment of the target audience to make sure that all the information availed to them is correct and relevant to them (McKay, Davis, & Fanning, 2009). The audience’s...
The Business Model Canvas Key Partners Key partners for the application-based e-commerce fashion store are: Professional tailors – will create the product according to the customer’s wishes. Fashion adviser – will review the prospective designs sent by the customers and offer ideas for improvement. Programming specialist – will create the...
Introduction Bre-X Minerals Ltd forms part of Bre-X, a chain of Canadian-based companies. The Calgary-situation Bre-X Minerals Ltd struck gold in 1995. The company discovered not only the world’s largest but also the most valuable deposits of gold in the heart of the Borneo jungle in Indonesia. As a result,...
Evidently, one of the most significant effects of the internet revolution is its impact on business. Nowadays, individuals and organizations are increasingly using internet technology to enhance their business under the contemporary context of e-commerce. Electronic commerce is increasingly helping individuals and organizations retain consumer attention and expand their markets...
Introduction It is known that a bank merger is a complicated long-term process that requires not only financial but also human resources. The Eastern Bank Corporation and the First Bank & Trust Company have different human resources (HR) policies. For the successful bank merger, a general HR management strategy should...
The Capital Veterinarian Clinic (CVC) that is located in Sacramento, California, has a developed organizational structure, and it is based on the work of several teams. Dr. Marissa Sandoval performs as the Clinic Director in the organization, and she administers and controls the work of the CVC’s teams that unite...
Introduction The new health insurance benefits tend to impact organizations in a myriad of ways. One is through the goal-setting process and impact on their overall costs. Thus, it is mandatory that the organization ensures that all its employees are safe and secure in their working environment. Thus, they should...
Introduction Entering the global economy means locating a niche that one may become a leader in and strive for maintaining quality rates impeccably high. The application of the Lean Six Sigma to the key company processes, particularly, the management of the raw materials (Schroeder, Goldstein, & Rungtusanatham, 2014), the Work-in-Process...
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...
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...
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 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 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...
Background Service quality refers to the perceptions that customers have on the expected quality of services provided. In most airports, service quality is a necessary tool as it enables the assessment of the level of satisfaction that customers have (Johnston 2005, p. 1304). Heathrow airport is the largest and busiest...
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...
Introduction Business level strategies are the specific actions required to ensure an organization meets its objectives and compete equally with the other businesses in the market. Business level strategies help to determine who the customers are, what the customers need and how they expect the product or service to be....
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 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...
Introduction The real option, as per the case study, is a well-established firm. This assertion is supported by the fact that it is currently at the peak of expansion a factor brought about by increased demand. However, expansion, as observed in other markets and business organizations, presents several dilemmas. A...
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...
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...
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...
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)....
Introduction The case describes how the British construction equipment manufacturer JCB managed to expand into the Indian market through a joint venture with the Indian engineering conglomerate Escorts. Despite having a relatively small share of the global market, JCB became on the biggest manufacturers of backhoes in India. This paper...
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...
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...
Introduction Creativity has been an essential ingredient of economic growth in the post-industrial economy. Innovation in technology, business processes, and industries has led to the “Creative Age” that has fuelled economic growth (Florida 2014). This has resulted in the development of two distinct classes – the creative class and the...
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...
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...
The concept of organization behaviour is a very important tool for any organization. It usually determines whether the business will succeed in its undertakings or not. Good managers must be able to effectively how to use the tool to gauge the employees’ response to different organizational policies. However, to effectively...
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...
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 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...
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...
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...
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...
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)....
Introduction Employee engagement illustrates willingness and desire of employees to give their best and outperform themselves daily, motivated to contribute to organizational success (Fried & Fottler, 2015). It is considered a very important factor to ensure low turnover rates and prevent burnout. Medical and pharmaceutical industry is known to have...
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...
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)....
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...
I am writing to you to request the permission to conduct research on the important problem that the management should address. In particular, the company should improve the training of employees because this task will be critical for the sustainability of the organization. Problem Statement Currently, the company faces considerable...
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...
Introduction Tyco International Ltd is a manufacturing company involved in the provision of fire protection and safety systems and electronic security services. Between 1996 and 2002, Tyco made management decisions that contributed to its financial failure. The management of the company employed some inappropriate practices that contributed to bankruptcy faced...
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 Google is an international company that deals with computing, adverts technologies, and internet exploration. Its main aim is to organize all the world facts and make this information useful and available to everyone. The company has advanced so much that it has changed the way we undertake our research...
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...
