10962 samples of this type
Introduction Businesses are faced with different forms of risks originating from internal and external sources. For example, employees may be involved in fraudulent activities, hence affecting the organisation’s financial stability. Secondly, firms’ financial stability may be affected by economic changes such as the occurrence of financial crises (Anand 2007). Such...
The Canadian oil and gas industry has attracted a lot of attention from policymakers, environmentalists and the wider public because of its positive and negative impacts on the economy (The Royal Society of Canada, 2010). Traditionally, this industry has been the biggest revenue generator for the government (Britton & Canadian...
Statistical Process Control The title of the process is self-explanatory; as a rule, the statistical process control incorporates the array of statistical tools that permit monitoring the essential processes and quantify the outcomes thereof so that a detailed analysis of the changes in the product quality could be determined easily....
Introduction Attracting new supporters with the help of modern media is a tricky task mostly because of the fact that modern media is open to practically everybody. As a result, reaching out for a specific tier of the U.S. society becomes rather complicated. However, as the case of DeKalb’s Chamber...
The phenomenon of organizational conflict and its impact on the performance of organizations has generated increasing attention from organizational scholars especially after the realization that organizations are ever more subject to conflicting demands imposed by a multiplicity of factors arising from both internal and external operating environments. Liebler & McConnell...
Helms (2006) identifies many different types of contingent workers – seasonal employees, temporary workers (or temps), part-time workers, interns, and independent contract workers. Each of these types of workers helps employers to organize their workforce more flexibly and cost-effectively. The modern companies operate in a way that forces them to...
Primary Recommendation (#1) General Electric can greatly increase revenues by tapping into the renewable energy markets of developing countries A large portion of the company’s revenues comes from developing countries, with Thailand, Algeria, Turkey, and Indonesia passing the threshold of $1 billion in recent years (Rudarakanchana, 2014). The growing rate...
Background: Concepts and Techniques of Service Management at Abasco, Inc. Although Abasco, Inc. has been developing at a rather fast pace in the manufacturing department, it has been showing comparatively low performance rates since recently. Therefore, a reconsideration of some of its production process elements might be reasonable. The introduction...
Introduction The dismissal of an employee might be challenging and has to be carried out carefully through the consideration and follow up of the guidelines. A manager can prove to be careless and non-caring about the layoff concerns. However, the way this task is performed remains significant to both the...
Compliance Standard: Strict Substance Abuse Compliance Program Our team here at Exxon Mobil is dedicated to sustaining a safe, productive, and healthy environment for all workers. We recognize that the abuse of substances such as alcohol and drugs will inevitably limit the performance of your workers as well as have...
Abstract The paper provides a discussion of how the concept of intercultural competence is reflected in the mission and current training plan of Tenet Healthcare Corporation. The gaps that are observed in the current plan about the issue of intercultural competence are discussed, and the activities to address them effectively...
Challenge Description Chess Girls DC is the non-profit organization that was founded in 2013 by Robin Floyd Ramson in Washington, DC. The organization seeks to inspire girls to play chess, thus developing spatial thinking skills and promoting personal development. The growth of confidence in girls is the paramount goal of...
Reduced Waste Disposal Costs and Production Expenses Financial resources are always used when trying to deal with waste materials from many organizations that are yet to adopt the GSCM. The first way of addressing this wastage is through the adoption of renewable energy sources. These sources are not only eco-friendly...
Heifetz presents a form of leadership that involves leaders providing leadership when the organization they are leading is under siege from external factors. Changes and transformations in today’s markets, clients, competitors, and technology all over the world are necessitating organizations to restructure their modes of operation (Heifetz, 2001, pg.124). According...
Terms of Reference Overview: This is a business plan for Blue Sky that sells sports clothing. Corporation: The business organization is small and growing against key competitors in the market. The Business: The business specializes in selling of all seasons sports clothing for people aged between 24 and 45 years....
Question 1: Human Resource Management Practices and High Performance Firstly, it has to be mention that Jennings understood the importance of the HRM practices in the formation of the company’s performance and competitive advantage and devoted significant time to the maintenance of these features on a high level. Nonetheless, the...
Introduction Generally, performance appraisal may be used to serve various purposes including monitoring performance concerning the attainment of organisational goals, rewarding employees based on their productivity and identifying developmental gaps performance (Cleveland, Murphy and Williams, 1989). In many of the organisations, the appraisal results are used either directly or indirectly...
Introduction Business and innovation usually go hand in hand. Businesses across the world are constantly coming up with new products in order to increase their income base, make profits and, above all, satisfy their customers’ needs. However, not all innovations succeed in competitive markets. Consequently, marketing is very important for...
Introduction The terms “leadership” and “management” have been interpreted differently by people around the world. Some say that the terms are interrelated while others claim that both terms refer to two different roles and can therefore not be interchangeable (Dorothy 2006). The word, leadership, can be termed as the process...
TopShop is a major player in the UK’s fashion industry. The company has recorded tremendous changes in its sales and physical distribution networks. With more than 300 outlets across Europe and millions of customers returning daily, TopShop is a formidable competitor in the “affordable luxury” and “competitive price” segments of...
Abstract Todd Robinson, as the president of Robinson Insurance Agency, is oriented to transition and replacement procedures associated with the human resources because of the necessity to select candidates with great leadership potential for the top managerial positions in the company. The process of developing the assessment plan depends on...
Executive Summary ZTE is a Chinese multinational company that deals in telecommunication, terminals, and carrier network services. It also manufactures and distributes smartphones. The company’s headquarters is in China, and it has sales offices in over 160 countries globally. The corporation uses online retails and foreign carriers to distribute products....
Types of Packaging Packing plays a vital role in marketing, as its primary goal is to attract the consumer’s attention. However, it is the main purpose of primary packaging. Other types of packaging also exist and serve different purposes, such as additional protection during transportation. Additionally, the packaging is used...
Introduction For any company to be part of a global business, a business strategy that incorporates an organizational model is essential in placing the business at a competitive edge. Doing business across national territory requires a business entity to have a model that will ensure its international operations do not...
Globalization provides better chances of growth and development for businesses, as it provides a wider reach of customers and more possibilities of increasing brand awareness and hopefully, patronage and loyalty. However, there also exists a likelihood of negative outcomes especially if intercultural conflicts are not resolved early. Case Study The...
Introduction Over the past decades, the biotechnology industry has experienced enormous developments in terms of networking and strategic alliance formation. The increasing need for technological learning, innovation, and knowledge creation has triggered the necessity for inter-firm collaboration. According to Gottinger and Umali (2010), strategic collaboration involves “cooperative agreements for reciprocal...
Introduction Researchers and business administrators attempt to develop models that can best support decision-making within organizations. Their main objective is to construct a framework that enables every member of the team to express his/her opinions and make valuable recommendations. In this way, they strive to improve the strategies of a...
Identify the public company you have selected and include the publicly traded stock symbol The company selected for the analysis is the Wal-Mart Stores organization, which is famous for its unbelievably low prices and at the same time provides the products of consistently good quality. WMT is the publicly traded...
Introduction Risk is a situation that exposes one to danger. It involves exposing a person to something that is valued to danger, loss or harm. Risk is, therefore, a threat or probability of injury, liability, damage or another negative occurrence. It is the possibility of incurring a loss or misfortune,...
Abstract Organizations use a needs assessment in order to correlate the organization’s goals with the organization’s needs while focusing on the employees’ current skills and the gap between the employees’ skills and the organization’s objectives. Methods of the data collection, the aspects of the data analysis, preliminary recommendations, and possible...
Introduction This paper has three sections. Section 1 is a commentary on developing learning and reflective practice. It involves preparing and conducting a structured interview with a classmate to determine his learning style, coupled with suggesting a suitable development tool for him. Section 2 is a report on two companies...
The article Issues facing management vs. leadership in public organizations discuss how management and leadership in public organizations influence their functioning and present the key differences between these two concepts. To understand what concept is more appropriate for contemporary organizational management, the differences between management and leadership need to be...
Marketing Research Marketing research is essential for all business organizations. An organization must conduct research on the sectors that they intend to expand to. Research is also conducted in order for all stakeholders to know if the organization can flourish in certain areas before funds are allocated for opening a...
Introduction The principal idea of everyday low pricing (EDLP) practice is the maintenance of the stable low prices of the offered products on a regular basis. This strategy is normally opposed to the “high-low” policy that implies the occasional introduction of various discounts and special sales (Boone & Kurtz 2014)....
In order to successfully promote the product and ensure that the connection between the brand and the customers was established, the use of social media is inevitable. If the company aims to function in social media efficiently, it has to define its SMART goals and communications mission statement. Background and...
This recommends the implementation of e-procurement system (CXeBuy, namely) by Cathay Pacific due to the benefits that should be experienced by the company with the course of time. As the focus is made on the improvement of the purchasing process and capability, there is a necessity to develop an e-business...
Abstract The needs analysis plan is important to be developed in order to identify specific steps that are necessary for covering all the stages of the process and for collecting the specific information related to the selected organization. From this point, the effective needs analysis plan includes such steps as...
Introduction The following is a new product development strategy and analysis that was designed by Zeng Research and Development Company. The company is developing hospitality management software for the hotels to enable easy execution of their services. The software name is the Easy Tour designed to improve tourists’ experience in...
The significance of a proper planning capacity level is essential for the success of a company (Kerzner, 2014). Once the capacity levels are too low, the company will suffer significant losses due to the inability to reach the standards that it set previously. The planning capacity that goes beyond the...
Nowadays, it became a commonplace practice among many large companies in the West, to take pride in having incorporated the concept of Corporate Social Responsibility (CSR) into the very core of their operational philosophy. This practice, however, cannot be deemed thoroughly justified, because the main conceptual provisions of CSR happened...
In this era of technology, many companies are grappling with the issue of environmental conservation and sustainability. Sustainability is the ability to use resources sparingly for the sake of the future. Many of the companies emit effluents without considering the effects of such actions on the environment and the lives...
Amazon is one of the leading companies in the e-commerce industry. The company focuses on three “customer sets” that include “consumer customers, seller customers, and developer customers” (as cited in Lee, 2012, p. 53). The company has headquarters and over 70 fulfillment centers in the USA (“Amazon Fulfillment Network,” 2017)....
Introduction Tesla motors is an American based company that manufactures electric trains and cars at affordable prices in the American, European and Asian market. Its name was adopted from an electrical engineer and physicist Nokola Tesla. This paper will discuss the competitive and financial analysis in Tesla motors. Competitive analysis...
Small businesses have distinct advantages that larger businesses may have sacrificed as they grew. Small businesses also have unique challenges. A major example is marketing. Ad copywriting, web content and maximizing relations with customers are all have higher stakes for a small business. Keep your smaller customer base and dependence...
Quality management and the promotion of a consistent update of the quality standards is an essential part of any company’s operations. The subject matter is especially crucial in the field where the possibility of creating defective products is especially high, such as the production of gauges, as the study carried...
Executive Summary Richard Branson is one of the highest-profile billionaires in the world, and his status is a function of the development of a conglomerate of companies under the Virgin brand. His leadership style and the choice of organizational structure are quite unconventional compared to other companies in the contemporary...
Introduction The present report contains a thorough analysis of the practices of J.P. Morgan & Chase, a US-based financial service organisation, regarding its value proposition, the factors that influence it, such as its organisational structure, corporate culture, leadership style and the approach to customer service, and the delivery of excellence....
To enter the realm of the global economy successfully, Company X needs to know its capacities, i.e., the maximum and the minimum productivity rates that it may deliver. For these purposes, the concept of the process-capability-related ratios needs to be introduced into the analysis. By locating the specified data, the...
A business environment has an incredible influence on the success or failure of startups; however, individual characteristics of leaders and their management styles are even more predictive of entrepreneurial outcomes. A story of Todd McFarlane, who founded several successful companies such as McFarlane Entertainment, McFarlane Production, and Image Comics, holds...
Introduction The need to adjust to a particular political model is the factor that can hinder business development and significantly complicate the work process. If it is about the mining industry, there are limitations and established spheres of influence. Their violation can entail a rather serious responsibility. The country of...
Abstract The paper provides a discussion of four parts of the training needs assessment plan for Anthem Inc. that includes the macro-level and micro-level needs assessments. The paper describes the insurance industry in the United States with the focus on the aspect of competition, the company’s mission and vision, and...
Abstract It takes a special kind of person to become an entrepreneur. Business is full of risk and potential for failure. In order to study business, one must pay attention to the successes and failures of other entrepreneurships. The purpose of this paper is to analyze the story of Jide...
Summary In chapters 21 and 22 of “The Toyota Way,” J. Liker dwells upon Toyota’s approach to the technical principles of TPS. It states that the service sector (in terms of administrative and service operations) can gain valuable insights from this approach, particularly from the field of lean manufacturing. The...
Problem Definition: Problem Resolution as the Reason for Concern A school library is an essential resource for learners and teachers alike. Containing an array of scholarly articles, books, and other resources, it enables the participants to engage in the process of data collection and acquisition of the relevant knowledge and...
Workplace or occupational violence including both verbal and physical aggression, harassments, abuse, threats and other acts of aggression for a long time has been a major issue in occupational safety and health practice. According to statistics collected by the Bureau of Labor Statistics in the US Department of Labor, 17%...
Business success and a high level of organizational performance are usually typical of the companies with a healthy internal environment and a harmonious organizational culture. At the same time, an unhealthy internal climate can lead to a variety of problems that are likely to spread to multiple levels and produce...
Organizational Background Legacy is a “full-service, Federally Qualified Health Center (FQHC) that identifies unmet needs and gaps in health-related services and develops client-centered programs to address those needs” (Legacy Community Health, 2015). It exists since the end of 20th century in the Houston area and provides the clients with a...
Every organization operates within set goals and objectives that guarantee its success in a competitive environment. Effective communication is responsible for ensuring an organization’s objectives and goals are met. Consequently, a functional organization seeks to ensure that the channels of communication among its staff are clear and well defined. Organizational...
Introduction The low-calorie frozen microwavable food company has an oligopoly market structure. This company plans to expand. Thus, it has to formulate long-term budgeting decisions. However, it is facing increased costs of major ingredients. Therefore, this discussion has to outline a plan that managers can follow in anticipation of the...
Unfortunate events or occurrences affect the profitability and performance of organizations (Crandall, Parnell, & Spillan, 2013). Stakeholders expect their respective companies to have crisis management plans to tackle such events whenever they occur. A crisis that is not properly managed draws negative ideas or perceptions from different stakeholders such as...
Introduction Internal forces refer to all the situations affecting a business organization from within like innovation and diversity. These situations are usually under the control of the company. External forces on the other hand are the driving factors that are out of the company’s control like competition, political interferences and...
The major focus of this research paper includes the issues of international staffing. With the development of globalization, many businesses begin to expand and hire people from abroad. Also, technological advancement drives fast progress in many industries forcing the most active competitors to seek better resources and practices (Thoo, 2013)....
Abstract The paper at hand provides a brief overview of the process of selecting the organizational strategy for talent development. The proposed organizational strategy puts a priority in the needs assessment element as one of the key determinants of the strategy’s efficiency. The selection of the strategy has a multi-stage...
Abstract The paper provides a discussion of intercultural competence in the healthcare industry context to determine the gaps in the approaches followed by Tenet Healthcare Corporation while training the employees. The goal of the global training and development program is also presented in the paper to identify the targets. Also,...
This paper presents a summary of and a reaction to the article, Income Inflation: Absorption Costing vs. Variable by Wink and Corradino. The summary covers the main points presented in the article while the reaction shows an interpretation of the article and application of the knowledge learned. It is established...
Offshoring is one of the most controversial topics in the contemporary business domain. Since its emergence, the phenomenon has garnered recognition as a highly efficient and profitable way of labor redistribution. At the same time, concerns have been raised regarding the adverse impact of offshoring on the labor market, or,...
Introduction: Supply Chain Risk Management in the Global Economy Environment Despite the fact that the reinforcement of information security and the enhancement of the data management processes is reasonably viewed as the key priority by a number of organizations at present, the improvement of the existing supply chains w and...
Abstract Increasing cultural diversity at the workplace is characteristic of many companies worldwide. The right management of a diverse workforce will bring an important advantage for the company and its employees. Moreover, the effective management of cultural diversity and equal opportunities are the key aspects of a healthy climate in...
Major facts The Muenster Pump Company (MPC) produces an agricultural company; this enterprise works in this market for more than forty years, and at the moment, it is the largest employer in the town. To some extent, this status ensures good relationships between MPP and governmental officials (Burt, Petcavage, &...
The topic of leadership development within organisations has become high on the agenda, as businesses need to become more competitive. Nevertheless, there is no clear answer to the question of what makes a good leader. While some think that effective leaders are born, others think that it takes experience to...
Target change is vital for organizations that seek to maintain a favorable market position. Firms usually decide what changes to make in reaction to a market change. The Nestle Company considers China as its second-largest market following the United States. In 2015, the company experienced slow sales and stagnant revenue...
Company Description Bridgeport Drones is a US based company serving most states in the US and other countries, offering commercial aerial drone services through remotely piloted Unmanned Aerial Vehicles (UAVs) for aerial mapping and filming among other uses. Specifically, Bridgeport Drones is concerned with image collection through drones, and it...
Introduction Outsourcing is a tactical organization alternative, and not merely a means of reducing operational costs in a company. Most organizations choose to outsource to reduce costs and reduce the time taken for marketing (Haag & Cummings, 2008). In this paper, I look at some of the considerations and risks...
Introduction There are several types of leadership models that exist to suit different organizations. While some industries require the strict following of the rules, others look for a creative approach. Company W belongs to the banking industry and requires a set of guidelines for their leaders. The manual for it...
Risk management framework The objective of this research is to investigate the area of risk management. This paper suggests a theoretical outline that utilizes knowledge management methods to expand its usefulness range and upsurge the possibility of success in advanced IT plans (Alhawari et al. 2012). The paper develops ideas...
Description of the Business Concept The proposed UNIK AutoCare Services Limited is an auto repair business that aims at offering quality and unique auto repair services at competitive pricing for customers within the city of Riyadh. The business will specialize is Engine and body repair for all types of automobile....
Problems Facing Eastern Gear The rapid increase in costs can be viewed as the primary problem that the company has to face in the environment of the increasingly high competition. Therefore, the current strategy regarding the management of costs needs to be addressed properly. Another factor that can be viewed...
It should be noted that organizational culture is a concept that encompasses both formal and informal rules existing in the company that is accepted by all participants in the work process. Also, this domain includes value systems, norms of behavior that characterize the interaction of employees with the management and...
Introduction According to Harrison et al. (2005), consumers can act as agents of bettering society. They do this through ethical consumption, which relates to the intentional selection of alternative products offering or not offering the greatest utility or pay off. The motive for selective buying as described here would be...
It is widely believed that employees are the most important asset that an organization can have. Presently, the value that organizations place in having an effective and efficient workforce have surpassed many other considerations that were previously thought as fundamentally important to the wellbeing and survival of an organization (Pynes...
Introduction The traditional view of supply chain management in the FMCG (Fast Moving Consumer Goods) in the Middle East has significantly changed because of the global financial crisis (Hugos 2011). FMCG companies operating in the Middle East experience fierce competition in the production, distribution and selling of low priced fast...
Steps of a consumer decision process The first priority will entail the cost of the program. Going on a diet program at either Weight Watchers or Jenny Craig will demand some expenses. I will compare the overall expenditure of undertaking the dieting program in both organizations. The second consideration to...
Functioning of the Internal Market for Innovation The internal market focuses its efforts on establishing standardized business activities aimed at promoting customer satisfaction through consistent quality experience with both the company and its products. In Nypro, innovation processes in the internal market help to streamline and shape customer interactions and...
Social networks are often criticized by organizations since those can be one of the major distractions for employees during the working hours. However, the benefits of networking outweigh its drawbacks. Moreover, it is always in your power to minimize the negative effects of social networking and maximize the positive ones....
Challenges and Benefits for the Sikorsky Aircraft Corporation The emphasis on quality has always been strong in the Sikorsky Aircraft Corporation. However, the idea of meeting the corresponding demands has never gone beyond the company’s environment. In their paper, Kukreja, Ricks, and Meyer (2009) suggest that the attitudes toward meeting...
Abstract Enforcing conduct between employers and employees is necessary when it comes to minimizing the likelihood of economic inefficiency for organizations. The US has established labor laws at federal and state levels to ensure that employers adhere to the minimum wage regulations. Besides ensuring that employers remunerate workers appropriately for...
A variety of factors can influence consumer behavior, and it is important to study these factors in order to develop a strategy for the most effective retailer behavior. A modern vision of consumer behavior depends on analyzing consumers’ purchasing trends, their use of goods, as well as their emotional responses...
Virgin Atlantic Airways was established after an American entrepreneur proposed the idea of an intercontinental airline that would only aim at the business class flights. Richard Branson vetoed this exact approach but loved the idea. To begin with, he reduced the risk by renting the whole thing, and he was...
Organizational culture is a manner in which people in a company operate unconsciously and consciously in their daily activities (Flamholtz & Randle 2011). Through understanding the organizational culture, an institution can identify with the culture that prevails and supports essential programs within its workforce to accomplish the strategic objectives. Organizational...
Introduction It is essential to determine the product or service needed to solve a certain social problem. Sale of products based on the need of the consumers ensures high demand for the product or service in the market. The following discussion analyzes Walmart Company to determine the service that can...
Executive summary The supply chain is an important element of the business community and is very vital and necessary for the smooth flow of goods from the manufacturer to the end consumer. It is as a consequence necessary that supply chain management managers incorporate planning and use appropriate strategies to...
Introduction Context-based leadership is a stance that clearly justifies the existence of the situational model of leadership. Under the model, leaders should use appropriate leadership approaches that meet the requirements of a given situation. Different contexts in an organization require a leader to exhibit different characters that can match with...
At the present moment the SilkQueen company faces the organizational difficulties caused by the misunderstanding between the line manager and the employees of the enterprise. In spite the vast working experience in Asian companies and the undeniable professional skills, Sally Dawson has the definite difficulties in relations with the staff...
PruCare The Prucare is a managed care plan that is entering a new metropolitan area aiming to meet the consumers’ needs with the delivery of quality health care services. The decision came about after extensive marketing to identify market opportunities (Somu, 2012). The Prucare marketing team needs to develop strong...
Introduction Leaders have characteristics that are expressed in their behaviour and their motivation when working. Just like managers, leaders take the role of dealing with daily activities at work, but they focus more of their efforts on managing the visions and missions of their firms. Thus, a leader focuses on...
Introduction Changing consumer trends dictated by technological advancements and globalization of the modern market require a wise selection of leadership and management styles. While leadership and management are two distinct concepts, they have a close connection, which makes it complex to utilize one and leave the other. Leadership roles such...
Executive summary Organizations are always looking for new ventures and opportunities that can help them succeed in competitive markets. Some of the initiatives that organizations can use to achieve their short, medium, and long-term objectives include diversification of existing products and the introduction of new products into the market. Rochep...
Introduction Enhancing the performance of a certain team in a specific business environment implies that the person acting as a change agent is capable of identifying every single variable in the corporate equation. Unless the crucial concepts are identified, creating an efficient team is hardly possible. Therefore, the definitions provided...
Planning Tanglewood Case Two was about the planning of recruitment. Working on this case, I learned to analyze staffing data and determine whether staffing practices of an organization are adequate or not to fulfill its future needs related to human resources. Besides, Tanglewood case provides the learners with a great...
Though being a comparatively recent addition to the framework of the quality management process, the philosophy of Six Sigma has established itself rather successfully in the specified environment (Baporikar, 2015). The concept has become the staple of quality measurement. However, apart from providing an elaborate metric system, Six Sigma can...
Multinational Enterprises and Modes to Entry There are several different modes of entry that multinational enterprises (MNEs) may choose when expanding overseas: direct and indirect export, joint venture, acquisition, franchising, licensing, partnering, greenfield venture, and direct investment. The two most common modes are exporting and partnering. Exporting is the easiest...
Introduction Creativity refers to the ability to come up with a unique solution that can solve a problem. Creative ideas arise in different ways and under different circumstances. Sometimes, they occur after an individual work hard to find a solution to a problem by investing all the effort and resources...
Economic growth and the following expansion are nearly inevitable for any company with regular revenues and a good reputation within the target market. As soon as a company gains an impressive reputation in the target market, it gets an opportunity for further growth. The latter can be facilitated by gaining...
Introduction: Disney in 2016 There is hardly a single company that can match Disney in terms of its history, impact, and imagination. It is quite remarkable that the company which is criticized so harshly for the stereotypes that it has been promoting in the children media is also praised unanimously...
Abstract The paper provides reasons for creating a global training and development plan for Tenet Healthcare Corporation. The description of the organization is included, as well as countries of business and the company’s mission. Two identified cultural and diversity issues are the training of the expatriate management and diverse staff...
Knowledge and Risk ‘Knowledge can be divided into uncertainty and perfect knowledge. Where does risk fit into this spectrum?’ According to several sources, knowledge can be defined as the relation between two or more ideas that are usually perceived mentally (Reany, 1988). Naturally, such ideas or concepts do not exist...
Introduction The business environment has become increasingly multifaceted and unpredictable because of the unremitting changes that affect every aspect of life. This situation has led to counterarguments concerning the relevance of school curriculums in terms of shaping business practices. Various management theories have been developed in an attempt to improve...
Introduction The term “emotional intelligence” (EI) is actively used today in the corporate setting in order to describe the capability of a manager, a leader, and a coach to address the emotions of the personnel, as well as to manage personal feelings and reactions. From this perspective, in addition to...
Human resource (HR) is defined as an individual contribution to an organization in terms of efforts, skills, and capabilities. On the other hand, human resource management (HRM) is the division of the organization that deals with the management of human resources (Dessler 4). Human resource management can be viewed from...
Marketing is one of the most common and, at the same time, the most complicated occupations these days. It is everywhere, from romantic relationships to families and large intercontinental businesses. Marketing is much easier to understand if it relates it to the laws of physics. The meaning of various marketing...
When a question is raised regarding the attractiveness of a job, the first thing that comes to mind is the salary. This is hardly surprising since it is the most approachable, transparent, and well-known way of rewarding employees. However, while employers’ market competitiveness can be indirectly assessed based on the...
The typical unethical business practice which is associated with working conditions and environments is discrimination. Although the issue of discrimination is actively discussed and addressed in the world business environment, there are still many situations when managers discriminate the other employees according to such factors as gender, age, and ethnicity....
What Is an HR Audit? Managing human resources (HR) is an essential part of any company’s operations. Unless appropriate tools for communicating with staff members are utilized, a firm is unlikely to succeed in its target market due to low motivation rates and, thus, poor performance. To ensure that the...
Abstract This paper compares and contrasts the process of accounting standard-setting and financial statement presentation among different accounting regulatory agencies in America. The key focus is on the SEC, FASB, IASB, and GASB because they are the main regulatory bodies in America. Comprehensively, this paper shows that these regulatory bodies...
According to Le (2002), Milton Friedman reduced ethical characters to economic rationality through the development of the idea that the social responsibility of any corporate institution is to make profits (p. 157). Such a statement is a development of the idea that businesses promote the common good through the pursuit...
Introduction Maximizing the success of new employees sounds like an employee’s personal concern. However, the truth is that it takes great input by the employer to ensure that new employees excel and become effective in their jobs as soon as possible (Bauer, 2010). In an attempt to maximize employee effectiveness...
When an individual is extremely and inordinately interested with oneself, it is referred to as narcissism. Narcissistic persons are also egocentric and self cantered in nature. Narcissism is associated with a high level of smugness. It does matter how much theory is offered about what is good management and leadership....
Competitive advantage The modern world is characterized by great rivalry. That is why every firm or enterprise should struggle for its success, trying to win in this fight. First of all, a firm should be competitive in the sphere in which it suggests its services. Every company should try to...
Being a good manager is a factor that goes beyond formal training and it requires a great deal of talent. In the context of the global business environment, good managers are required to have apt leadership abilities. The relationship between a manager and an employees is one of the most...
Abstract The following research paper will provide the comparative analysis of Bermuda and Aruba, their population, their economic status, age groups and religions prevailing in the regions. Based on this data, a decision will be made, establishing what region appears to be the most convenient in order to open a...
As a result of the enactment of the 1970 Act of Occupational Safety and Health in the U.S, Occupational Safety and Health Administration (OSHA) was formed. The idea was to have a body that would ensure a safe and healthy working environment for employees. It sets rules and standards for...
Introduction In the last century, organizations have faced unique challenges that stem from experiencing unique changes in their internal and external environments (Williams 2002, 4). Some of the most notable changes include global economic uncertainties, changes in consumer tastes and preferences, and technological changes (among other issues) (Williams 2002, 6)....
Reducing Order Quantity The connection between the reduction in inventory and the order quantity is quite obvious. By bringing the number of items to be produced down, one will have to spare fewer resources to create the required amount of items. Therefore, the less the production volume is, the less...
Group Report ATO The Australian Tax Office (ATO) initiated a 10-year transformation program that was aimed at overhauling its IT platform to enhance its ability to serve its clientele in the year 2000 (CPT Global 2012). The change process at the ATO like in other organizations was subject to challenges,...
Introduction My company is known as Kube. This organization deals with the production of electronic devices that are so popular nowadays. The main product that is launched right now is a new multimedia smartphone, the Kube K15. We entered a mature market recently but are able to compete with various...
Introduction This paper entails a case study analysis of Amazon.com. The paper assesses how the firm has implemented the concept of inventory management. Glossary Inventory outsourcing – according to Chhajed and Lowe (2008, p. 81), ‘in this strategy, a firm outsources some of its operational activities to a third party...
In recent years, diversity is considered as an important aspect of any business organization. The incorporation of diversity in terms of ideas, culture, and other critical elements has been given relevant emphasis in the world of business. IDEO Company is a renowned company with roots in Palo Alto, California. Although...
Executive Summary Many companies around the globe are faced with several issues, which range from bookkeeping, financial management, auditing, and tax compliance. Failure to effectively manage these concerns is associated with setbacks, such as bankruptcy. In this report, the author focused on how the company to be established will help...
Introduction The recommendations made to Warbings Office Systems should lead to increased profitability of the firm as a result of improved employee commitment. In summary, the recommendations include conducting an employee satisfaction survey and introducing a performance appraisal for all the staffs. They also include the development of SMART objectives...
Market Size For Tesla Motors, Inc. (TM), the most general definition of the market is the automotive one; about 88 million units a year worldwide is sold within it (Perkowski, 2014, para. 1). However, TM concentrates on producing luxury cars, and this sub-market reached 350 billion euros in 2014, demonstrating...
Interpret the potential causes of resistance in the organization Delta Airlines is one of the oldest operating airlines in America. The company plans to introduce new changes in its organizations to remain competitive in the industry (Dess & Lumpkin, 2014). Notably, it is very hard for the airlines to evade...
Abstract Kraft Foods and Abbott are leaders in their industries, and they work to promote diversity and inclusive practices in the working environments. The practices and approaches followed in the organizations can be viewed as corresponding with the traditional diversity management practices that are discussed by researchers and practitioners as...
Advantages of Face-to-Face Communication Face to face communication has several advantages. Numerous observers say that face to face contact can never be replaced irrespective of the numerous advancements in technology (Oxford Economics, 2009). It should be noted that face-to-face contact enables the transmission of unspoken or implied knowledge. It also...
“The International Freight Transport” by Lowe, is a book that analyses the freight transport system at the international level (Lowe, 2005). The book has eighteen chapters and the focus of this essay will only be in chapters 2 to 6. The essay will entail the evaluation of the 5 chapters....
This recommends the focus on benefits that can be obtained due to Seven-Eleven Japan Co. Ltd. partnership with the prominent Japanese companies for the creation of the biggest business-to-consumer (B2C) e-commerce Website. In this way, it is critical to develop a strategy to make the targeted market buy on-line regardless...
RFID Technology The RFID technology becomes one of the main technologies used by various companies to improve their functioning and guarantee better results achieved due to the implementation of the new practices into their functioning. Moreover, the spread of the given technology is also determined by the increased requirements for...
Leadership and Management There is no doubt that any specialist who would like to achieve success in the field related to coordinating other people’s efforts should see the difference between various notions that are often misunderstood. More than that, this assumption is especially important when it comes to those who...
The Steps of Make the Change According to Charan (2006) the financial level of Home Depot Company was decreasing every new day, and they needed to come up with far-reaching changes to save the situation. The company embarked on announcing that they would reduce 50% of the 2200 human resource...
The Saddle Creek Corporation has been known as a logistics organization for quite long. The company exports a variety of products, including food. The firm has been delivering impressive results over the past few years; despite the need to apply significant changes to its operational processes and values, the firm...
Introduction Creativity and innovation are essential for the enhancement of organizational performance and is a vital ingredient for long-term sustenance. The process of generation of a new and innovative idea is a way of creation of competitive advantage for people within the organization. Studies in the area of creativity and...
Identification of problems The given case study revolves around the problems of the Lee and Lis firm which appeared because of the rude interference in its traditional functioning of one of its workers. Being founded in 1953 in Taiwan as the law office, the firm managed to guarantee its blistering...
How Does Transportation Add Value in a Supply Chain? The significance of the transportation processes in the supply chain management setting can hardly be overrated. Being an essential part of SCM (Wang, 2012), transportation affects the way, in which the products and services of a company are perceived by the...
Description of the Scenario A-Cat Corporation is an Indian company that specializes in the production of electrical equipment for private and business use. A-Cat Corp. is not a big company, with around 40 employees and the orientation on rural area markets. Its chief product is a VR-500 voltage regulator, which...
Principles to Establish Ethics Codes In their work, Nickels, McHugh, and McHugh (2013) proposed six steps to adopt the ethical norms and formulate codes in the organization. The two steps that are most significant to establish the effective ethics code and the ethics-based culture in the organization are the following...
Introduction Communication is an important aspect of business today. Managers and employees have to choose the appropriate communication technique to use to ensure their messages are delivered and understood according to their purpose. The following discussion analyzes various scenarios in business communication to determine the appropriate communication method to use....
Introduction Following the global tendencies, it is possible to state that the average age of the workforce in companies tends to increase, and today, there are many employees whose age is over than 55 years (Robbins & Judge, 2014, p. 63). This tendency is correlated with the development of a...
How do these information-gathering programs help the hotels become more competitive? What is the strategic role of these programs? Information is one of the most influential tools of the modern world. It helps to acquire a significant competitive advantage and win the rivalry. A company that possesses critical data related...
Introduction Pharmaceutical organizations have a legal and ethical obligation to manufacture and sell products, which cannot damage the health of people. This role calls for compliance with regulations on product safety and intellectual property. Fully aware of these requirements, PharmaCARE developed AD23, a diabetes drug, through its team of pharmacist....
Background/Problem Statement In a contemporary society that is marked by rapidly emerging and growing business, the customers’ opinions have become a center-stage in determining the quality of services a business provides. Globalization does not make things easy, and as business firms aim to outperform each other, the effectiveness of the...
Introduction There are two major factors that influence an individual performance within any given setting and these are leadership in place and individual motivation (McCutcheon 2004). There are also theories that try to explain what motivates people to perform better and what contributes to their behavioral changes. Motivation refers to...
