11370 samples of this type
Introduction Two vital responsibilities of the docket of sales management are selection and recruitment. The two functions also fall under the department of human resource management. Linking selection and recruitment duties formed the notion known as the Employment Discipline. However, the two disciplines possess distinct roles. Selection and recruitment disciplines...
Introduction Bottlenecks are specific issues or problems that occur in the operating process and slow down the entire work of plants and organizations. Although bottlenecks often hurt operational processes, they can be used to improve the efficiency of organizations if identified correctly. The paper aims to present how bottlenecks are...
Although the process of globalization has affected the operations of numerous companies worldwide, these are not uniform principles that allow firms to attract the attention of local populations. Quite on the contrary, an in-depth analysis of local cultures and their unique characteristics is what helps create a perfect selling point....
Chipotle’s Original Supply Chain Chipotle Mexican Grill (CMG) differentiates itself as a quick-service restaurant chain that uses natural ingredients produced in a socially and environmentally responsible manner. However, the restaurant has faced a food safety crisis following contamination incidents with “E. coli, norovirus, and Salmonella” that affected over 514 people...
In her article “Standard Costing at 90 – Is It Still an Effective Management Accounting Tool or Has It Analyzed One Variance Too Many,” Joan Toon focuses on discussing the usefulness of videos on management accounting. Topics mentioned in the article include the problem of standard costing, the question of...
There is a large variety of methods of initial assessment. Different companies have different preferences when it comes to the specific methods they employ to select the candidates. Each of the methods has its advantages and disadvantages. There is no right answer to the question which methods are better to...
Introduction Creating the environment in which employees will be able to excel in their performance is an absolute necessity for an organization to exist and, in the best-case scenario, thrive in the context of the contemporary global economy. Therefore, the introduction of a cohesive and efficient measurement system must be...
Abstract Banks and other financial institutions forming part of the financial system contribute greatly to the development of any economy. Business and industrial enterprises look for increased financial support from these institutions, since they can develop and introduce innovative financial products and services. Because of the nature of products and...
Introduction Creating a flawless environment, in which waste is reduced to zero, is practically unattainable). However, striving for waste reduction is an essential part of any enterprise. Sikorsky Aircraft is no exception to this rule; incorporating the approaches such as Just-in-Time (JIT), Lean Manufacturing, and the Six Sigma framework, the...
Every company that achieved great results in its native country strives to cover new territories and expand its production into other markets of the global community. As the concept of globalization and cultural diversity is a well-known issue, entrepreneurs from all over the world try to address these issues and...
Introduction Many people believe that leadership is an issue that can be developed through training. Others especially those in the olden days believed that leaders were born. But I have come to realize that leadership is a diverse topic. This can be seen right from its definition to the many...
Industrial Relations We are currently living in a world where industrial peace has to be fostered. This can only be done using industrial relations. The mechanisms inherent in this concept can serve for the benefit of both managers and employees. These two parties can freely discuss the state of affairs...
Crisis management planning is an organized way of mulling over the misfortunes that may affect an organization or individuals. In crisis management, flexibility is highly essential as opposed to a step-by-step process to accommodate possible dynamics. Flexibility helps in the diagnosis and addressing of specific issues. Although a crisis is,...
Risk and Financial Impact The process of new product introduction (NPI) is associated with many challenges that may lead to the failure in NPI project completion or returning investment costs and bringing profit. The major risks related to DELL’s NPI include the ineffective mix of internal and external enterprises, lack...
Introduction Leading change is one of the most fundamental aspects of leadership. The process of making changes in an organization is perhaps the main responsibility of leaders since it leads to the accomplishment of the goals and objectives of an organization. According to Spiro (2011), leading change is a deliberate...
Determining the project selection criteria is a crucial step toward making sure that the primary objectives are met, the essential goals are accomplished, and the basic lessons are learned. As a rule, the selection criteria can be defined as a combination of elements that determine the boundaries for locating the...
What is meant by “policy risk” and why can’t firms engaged in international business “hedge” against it? The term “policy risk” refers to the danger to an investor’s reduction of financial returns from an investment owing to failure to implement laws and regulations or a decision by the government to...
Creating a learning organization has been an anticipated attainment attributable to the concept that it offers a setting that will endorse discovering innovative notions in order to obtain information (Baker & Camarata, 1998). Learning organizations are founded on operative communication and constructing consistent relations within the framework of the team....
The use of bar codes and Radio Frequency identification has certainly had some positive and negative effects on basic logistics processes. Technology has greatly improved shipping, transportation, receiving and in-facility operations. While improvement in these basic logistics processes is welcome, it is important to note that the gains have been...
Introduction According to Grace and Cohen (2010), whistle-blowing refers to the act of making known things that an organization wishes to keep secret to protect its image. Even though this may work for a while, an organization might suffer negative consequences in the long run. Is all Genuine Whistle-blowing External?...
Diversity Leads to Prejudice According to Allen (2009), interpersonal communication in a diverse workforce is susceptible to prejudice. Consequently, organizational leaders and workers are required to choose their words correctly and structure a message in such a way that it is void of ambiguous phrases. Beamer (2007) maintains that jargon...
Executive Summary Consumers love a bargain no matter their market demographic and some consumers continue to patronize the same types of stores for their purchasing needs. With the holiday season closing in, Bank of America is releasing its new Silver A-Plus card in an attempt to capitalize on the increased...
Abstract The paper presents the leadership action plan oriented to achieving the goal regarding the development of leadership skills with the focus on working in ambiguous and diverse cultural contexts. The action plan is based on the detailed discussion of the modern vision of the global leadership and cross-cultural communication...
Introduction Professor Heifetz in the article, “Adaptive Change: What’s Essential and What’s Expendable?” looks at the process of change, especially how people view the whole process of change. According to this article, people are usually optimistic about the process of change but they do not consider what they are going...
Introduction The issue of investment is a primary concern for both an experienced entrepreneur and a beginner. The choice of funding opportunities predetermines the development of a company and its place on the market. It can influence stake distribution and stimulate the company’s development. Entrepreneurship Peculiarities In the process of...
Introduction Forecasting future sales with certainty is impossible since the market conditions are unpredictable. The economy is always constantly changing. Despite the uncertainties, management of companies still need to prepare sales forecasts to enable them to prepare a budget for revenue and expenses. The preparation of such budgets is always...
It was not too long ago that the competition at the global market, which generally stayed at the same level or increased very slowly, allowed corporate accountants to take their time collecting, assessing and packaging financial data for organizations (Gullberg, 2016). However, in the past few years, the situation has...
Summary Chapter 15 begins with a detailed description of the examples of several different companies and their approaches to the selection of leaders. Namely, Toyota’s strategy is juxtaposed to those of Ford, Nissan, Chrysler, and GM in terms of the process of acquisition of a new leader. The point of...
Introduction The balance sheet has three main sections. The discussion in this paper will focus on the stockholders’ equity section. Equity is the difference between total assets and liabilities. The paper seeks to analyze the various components of stockholders’ equity. Specifically, the paper will use the balance sheet for Lachlin...
Statement of Purpose and Mission Swim in Greek (SIG) is an organization that sells sorority and fraternity Greek swimsuits. It offers its products online, which ensures that students from different locations are able to purchase them. This very business is likely to be rather successful because it does not have...
Abstract Project risk assessment is rather important in the modern business world. The researcher dwells on the key points connected to the significance of this area and presents evidence of its worth to the companies. Twenty Abu Dhabi Ports employees are interviewed. After evaluating the data obtained throughout the interviews,...
Idle Rocks Case Study The conflict between Arnanda and Tony can be attributed to the restaurant manager’s inexperience. Initially, Arnanda was a receptionist. Consequently, her proficiency in management is in doubt among most workers. A good leader should have a wide scope of knowledge and the experience to handle emerging...
Introduction Aims and Objectives The information about the performance of a firm is essential to the job seekers and investors as well as companies seeking employees. However, such basic requirements for identifying the best firms depending on their performance have not been availed in a precise manner. Therefore, this project...
Executive Summary: Improving Quality Through Motivation and Upskilling Focusing on quality improvement is essential in the context of a multicultural corporation. The introduction of the Six Sigma DMAIC framework was tested as a possible tool for carrying out the improvements. The use of the one-sample t-test as the tool for...
Organizational behavior analysis is very important in explaining how people interact and relate within a given social setting. In the modern society, both for profit and non-profit making organizations are under a great pressure to deliver quality service to ensure their sustainability. Failure to deliver the best services or product...
Introduction Since its inception in 1987, Starbucks Company has grown to become one of the leading providers of coffee around the globe. Among the countries that the service provider operates, is the United States, Japan, and Australia. The company attributes its growth to the introduction of Howard Schultz, who speared...
Nowadays it has become common knowledge that people are the most precious asset of any organization. Every company should ensure efficient management of qualitative personnel and its most optimal use. Human resource management becomes an integral part of the overall success of the organization. It is not only a set...
Code of Ethics A code of ethics is a set of regulations and guidelines, which aim at establishing certain behavioral rules for people within an organization. Very often, many organization prefers to develop own code of ethics in order to control people at their working places, find out the weaknesses...
The meaning of risk to an organization When evaluating the risks based on the criterion of their origins, political and economic risks can be distinguished. Political risks are defined by the situations in the political environment influencing operation activities. For instance, the high level of corruption or autocratic forms of...
Introduction Achieving competitiveness in the market requires the establishment of appropriate strategies in the supply chain process. The amount of revenue generated by a company determines the competitiveness and long term survival of the company in the market. In the modern economic environment, competition has intensified in all sectors around...
Summary of the Case Study Irrational Design is a new technology company that was founded with the aim of carrying out business on a free to take risk basis. The founders did not seek finance from investors during the start-up since they intended to try out their products freely and...
Executive Summary This paper proposes an internalization strategy for an Indian telecommunications firm (Empire) that aims to benefit from technology transfer through R&D investments in Europe. It suggests that the company should collaborate with an established UK telecommunications firm if it intends to benefit from the country’s advanced technological environment....
Introduction Walmart Company and Dunkin’ Donuts have been used in the sustainability reports analysis. The sustainability reports will focus on economic, environment and social issues. Under the social issues, the reports dwell on gender inequality at the workplace. It is evidenced that the main differences that are often witnessed in...
Introduction In 1957, Jack Taylor founded Enterprise Rent-A-Car in St Louis, Missouri. Ever since, the company has established itself as a leading global car-hire company. Currently, Enterprise Rent-A-Car has a workforce of over 75,000 employees and over one million cars as part of its global fleet (The Times 100, 2013)....
As the CFO of Melbourne Manufacturing, Shiela Forbes needs to draw a conclusion on whether to hedge while realizing the sale of a turbine generator. The deal between the US-based Melbourne Manufacturing and the UK-based Crown involves £5,000,000. The sale is organized in February, and the payment will be completed...
Introduction The success in the marketing sphere is highly dependent on the understanding of major concepts, theories, and techniques. The primary purpose of the paper is to examine the application of services marketing concepts to a specific market context. Extended Marketing Mix Marketing is all about “putting the right product...
Control of personnel is among the essential responsibilities of a manager. To ensure that the workforce is productive, managers have to use their decision-making skills to resolve difficult situations. In the case of Bauer Manufacturing Company, the problem resulted from David Smith’s failure to address the needs of employees sufficiently....
Providing high-quality services and products is an essential requirement for a company operating in the global economy environment. Because of increasingly high quality standards in the specified area due to the unceasing technological progress, it is crucial to apply the quality control strategy that will help control the production process...
Introduction The dynamic e-commerce business environment keeps on evolving with the ongoing technology revolution. E-commerce is changing the way customers experience shopping and the traditional brick and mortar establishments are experiencing stiff competition from this development. Globalization coupled with the mobile telephony revolution and increased access to the Internet implies...
Potential difficulties of starting a business in a transition economy and recommendations on how they should be confronted Starting and maintaining a new business is always a challenge aggravated by adverse conditions prevalent in a transitional economy; an economy transforming from centrally planned to free-market economy. The potential difficulties faced...
Introduction The discourse in “Maggie Anderson-Power of People in Organisation” is an academic work that presents research findings on the role a manager plays in seeking to apply human resource principles and practices in practical situations to model the best way to relate with and manage the people by motivating...
Six Sigma Implementation in the Context of the Aircraft Company Setting Promoting consistent quality improvement is an essential element of any company’s functioning (Pyzdek, 2014). Unless the quality standards are regularly updated, the firm is likely to lose its influence and weight in the target market as the customers will...
The need for Castrol and similar businesses to invest in research and development Research and development (R&D) is extremely vital for a myriad of businesses especially those that serve a global market. Castrol has thrived in lubricating and motor oil industry due to intense investment in R&D. The following reasons...
Human resources (HR) theorists assert that organizations and labor unions must work together if they want to prosper in the changing global environment. Cooperative bargaining is an approach whereby union leaders liaise with topmost leaders to improve relations and maximize productivity. The process minimizes differences and empowers workers to focus...
Introduction In the age when corporate power reaches threatening proportions, it is extremely important to ensure that corporate social responsibility (CSR) is at the core of each business entity. Corporations should be regarded not only as a means for enrichment but as social responsibility enterprises (Lange & Washburn, 2012). Unfortunately,...
Introduction The rapid development of digital technologies and the Internet has made them rather significant in many spheres of business. In that way, e-commerce has become one of the dynamically growing industries. The field of e-commerce known only a few behemoth businesses the largest one of which is based in...
Abstract Hong Kong is increasingly becoming a major international business hub because of its strategic location in relation to China and its commerce laws and regulations. Improved technology is making it possible for e-commerce transactions to be conducted in this city. Massive amounts of goods leave China via Hong Kong...
Abstract Employees’ compensation is an important factor that management of firms must take into consideration when coming up with strategic plans. Cornerstone Café’s compensation system is poor and will need to be reviewed to match that of other similar firms within the region. Introduction Employee compensation is one of the...
MarketingTech.com’s latest article by Colm Hebblethwaite, titled “Can Your Employees Recite Your Organization’s Vision and Mission Values?” reports that half of the marketing professionals in Rungway – a highly successful social and working communications platform, cannot recite the company’s V&M statements. The author states that Runway is not alone in...
Bureaucracy Bureaucracy is a system of administration based upon the hierarchy of authority that is designed to perform tasks through specific formal procedures or a routine manner. In this case, efficiency is enhanced as tasks are organized according to their complexity as well as in a formal line of control...
Eight Hidden Flaws in Strategy The article by Roxburgh uncovers a set of essential flaws in strategic management from the perspective of behavioral economics. First, the author pinpoints the overconfidence. In the case of the need to start a new business, it might be useful, however, a person’s brain sometimes...
Introduction According to Stokes, Wilson and Mador (2010) “Entrepreneurship is an emergent process of recognizing and communicating creativity so that the resulting economic value can be appropriated by those involved.” This definition of entrepreneurship brings out some fundamental characteristics of an individual who intends to be an entrepreneur. From this...
Creativity Good business ideas do not necessarily have to be based on one’s self-interest, but on what the masses want or need. Therefore, the constraints that come up provide focus and shape problems while depicting the exact challenges to overcome at the same time. Although complaints alone can stifle and...
Introduction The carnival cruises marketing plan is considered the most successful company. It controls up to 44% of the cruise industry worldwide. It runs ten different cruise lines, and it boasts to be the world’s largest night cruise company. The company operates in the Bahamas, Caribbean, Alaska, Hawaii, Europe, Mexican...
Employee Engagement Strategy Three principal dimensions of employee engagement involve work, peers, and customers. Engagement with work denotes the enthusiasm and commitment displayed by the employees in performing their direct tasks and is associated with greater productivity. This aspect is the most important for the initial phase since Melrose Hotels...
Barriers facing Starbucks as it tries to teach Chinese people to change their consumption habits from tea and instant coffee Various barriers impede Starbucks’ expansion in China as it tries to change the population’s preference for tea and instant coffee. Some of these include the association of tea with medicinal...
Financial ratios Group one The first group contains the returns on capital employed. It is a fundamental ratio that is used to assess the financial health of an institution. Return on capital employed is obtained by dividing operating profit and capital employed. It is a suitable measure of the profitability...
Introduction Organizational culture is a very important aspect for any company. It promotes the company’s values and fosters the performance of employees. The Walt Disney Company and Fox Broadcasting Company are two entertainment giants that are famous for their unique methods of business dealing. The main goal of this paper...
Abstract The three most significant trends identified in relation to the modern corporate learning and development area are the business-driven learning based on the integration of learning and strategy as the main trend; the collaborative learning realized with the help of coaching activities; and the individual skill-oriented learning associated with...
Introduction Entrepreneurs create businesses that offer products, processes, and services for hire and/or sale in a free market. Entrepreneurship involves the willingness to engage in developing, organizing, and managing business establishments in full recognition of the existing short-term and long-term risks with the objective of making profits. It involves overlooking...
Introduction The current problem of spare parts throughout China, at its current position is due to inefficient practices. In order to shift the service levels to achieve an efficient frontier and enable the company to realize high returns on investment, a new distortion method has been proposed. Typically, the cost...
Introduction The Coca-Cola Company is the leading manufacturer of beverages, selling more than a billion units a day. Coca-Cola’s red and white logo is undoubtedly the most recognised trademark in the whole world. The company’s headquarters are located in Atlanta, and their beverages take on four spots on the top-5...
Abstract CEMEX is a world leader in the cement industry. The paper discusses the creation and implementation of the organizational learning strategy plan for CEMEX in order to contribute to the company’s further progress in the industry. To become a learning organization and to implement an effective learning strategy, CEMEX...
Introduction The role of a leader in an organization is to determine the direction that the organization should take. Wine Lovers Enterprise is an organization that needs leadership in the current time of change. Leadership experience in this organization dictates the management to keep in touch with its employees to...
Executive Summary As a manufacturer and retailer of desktops, laptops, notebooks, and tablets, CRU experiences the challenge of satisfying its customers. To improve customer satisfaction, CRU undertook a study to determine factors that influence customer satisfaction so that it can leverage them. Therefore, this report analyses the current degree of...
With the course of time customers’ demands started to change extremely quickly, and P&A need to implement changes to meet them. Otherwise, the company will not be able to remain competitive, and its place in the market will be immediately occupied by some other firm. Unfortunately, the personnel does not...
It is significant to stress that Alan Mulally is an exceptional leader. The core of this statement lies in the fact that he did not concentrate on the contingency theory or transformational leadership approach. Still, the reverse – emphasized the role of every employee in the enterprise. He aimed to...
Introduction Unfavorable work conditions give rise to labor movements to push employers for improved pay. One of the strategies unions use to ensure their demands are met is by striking. The primary goal of labor strikes is to gain better pay or conditions through a production go-slow or stoppage (CIT)....
To facilitate growth, every organization has to undergo the process of change at some point. Changes could be aimed to accommodate the employees to a different working format or to eliminate the problems that are undermining corporate efficiency. When considering the proper organizational behavior for a company, one often looks...
Introduction Lodorfos, Mulvana, and Temperley (2006) argue that the term complexity is extremely hard to define. However, researchers believe that the term focuses on a phenomenon that arises from different interacting forces or factors. That being the case, there are numerous complexity factors involved whenever describing a given product. The...
The target market for this product is mainly women between the ages of 25 and 55. These are the working class individuals who are active for the better part of the day. The fact that they are the working class means that they can afford the product and at that...
Introduction Organisations change in response to a multiplicity of external or internal environment drivers. Organisational change requires a planned approach and an effective change management to move the firm from its current situation to another. The management of change encompasses all actions meant to support teams and staff to adopt...
It could hardly be doubted that success in business profoundly correlates with developed leadership qualities. However, some individuals stand out as more significant influential figures, who inspire and motivate other people to grow as a leader. One of these people is Robert Kiyosaki, a businessman, writer, speaker, and public figure,...
Introduction This report presents employee involvement strategy across cultures, namely China, India, and Germany. The report shows how to ensure that teamwork, motivation, employee involvement, and work performance are very high across all the locations. Following a global expansion in China, India, and Germany, new challenges and opportunities arise as...
Abstract Theoretical knowledge related to the efficient performance of the organization is critical because it serves as a basis for future actions performed in the real life. In this work, three articles that consider particular concepts relevant for operational enhancement are discussed. The information provided by their authors is outlined...
Introduction A variety of issues can have an impact on the Human Resources of an organization. Such issues may be internal or external in nature. Internal issues are caused by aspects which organizations can control and even prevent if they are foreseen beforehand. For example, if there is an issue...
Introduction In this paper, Wristop Technologies will be analyzed. The Finland-based company produces wrist computers for customers in the medical device manufacturing industry. The first part of the analysis will focus on the company’s innovation and its source. The benefits of the innovation to the customers will also be analyzed....
Comparing and Contrasting DyB and GyB Business Strategies Sustainability of profits, retention of market share, and remaining relevant in the face of cutthroat competition has become problematic for many enterprises. In order to stand up to the challenge, businesses have developed various strategies used to ensure relevance and longevity in...
In order to be able to tackle any disaster promptly and efficiently, the disaster recovery roster of any organization should include a number of critically substantial individuals. First of all, there should be a disaster recovery lead and a disaster management team. These two will coordinate the whole process of...
Team Building Exercise “Teams are vital elements in any given organization” (Quick, 1992, p. 5). This is because they enhance performance while at the same time bringing together people who have different ideas on the same platform. Essentially, this forms the fundamental approaches which are characterized by innovation and creativity....
The Coca-Cola Company is the world’s leader in producing sweet soft drinks. The company is a powerful market player that feels the latest trends in the modern market perfectly and makes skillful use of them. Hence, Coca-Cola’s recent promotion campaign is truly global as it targets different countries including Nigeria...
Conflicts can happen in any workplace. All employees, while occupying the same territory, may have different values and goals. However, it is important to remember that an establishment cannot work successfully with employees that have unresolved issues. Thus, the process of solving such conflicts is an essential part of one’s...
Introduction This paper is aimed at examining the investigation provided by the BBC that revealed shocking working and living conditions of tea plantation workers in Assam, India. The study focuses on ethical issues based on references. Moreover, two ethical theories, in particular, utilitarianism and deontological theories prove the necessity of...
Target Market LAC is a charitable organization that offers a diverse range of customers an opportunity to organize and participate in different art classes and meetings (“History and Mission”). In this instance, LAC aims at catering to the needs of a vast target audience including artists, entertainers, businessmen, and different...
Beijing, 16th May 2016 – Diamonds have been marketed as a “girl’s best friend” for ages, yet now the tables have turned with the new “For Him” campaign launched by De Beers. Partnering with prominent watchmakers and jewellery artisans, De Beers has created a new lineup of watches, cufflinks and...
The employee’s lack of knowledge and skills that are necessary for the successful performance of tasks assigned not only leads to inefficient work but also reduces his or her satisfaction with particular duties. If a person is prepared not well enough, he wastes much energy costs and experiences constant stresses....
DMADV The DMADV framework is typically viewed as the auxiliary tool used along with the DMAIC approach as a part of the Six Sigma philosophy. DMADV involves the following stages: Define, Measure, Analyze, Design, Modify (Kubiak & Benbow, 2009a). As shown above, the framework does not have the control- and...
Introduction Wells Fargo embraces the best business models in an attempt to support the needs of its customers in the United States. The firm hires competent workers from different regions and backgrounds. Such professionals are empowered and mentored to focus on targeted organizational goals. Wells Fargo liaises with different firms...
Introduction The owner of a printing company faces a choice between buying new equipment to expand her business and purchase withdrawal. The main elements and the consequences of both scenarios are represented in the table. Potential Profits of the Printing Company High sales Low sales With new equipment $90,000 $40,000...
Problems One of the problems presented in the case study is the malfunction of teamworking process that was working accurately back in the day. The problem did not come out of the blue, though, but the reasons are unclear. In perspective, the tensions among workers may lead to decreased performance....
Australians’ approach to business negotiations Negotiation has two parties who have different or common interests and are trying to reach an agreement on matters that are beneficial to them. The content of the negotiation is influenced by culture, strategy, background and context. When the negotiating parties have different cultural sensitivities,...
Introduction BIDCO has over the decades grown in springs and jumps to establish a strong presence in both local and international market. This has been with a strong marketing and technological advancement in manufacturing and channel chain of its distribution system. The company has attained this through the strategic planning...
Strategies and approaches to improve employees’ productivity are actively discussed in the business environment. That is why much attention is paid to discussing differences in the productivity of those persons who are physically active and those who follow the sedentary lifestyle. In order to discuss these differences in detail and...
Introduction Emirates airline is a (relatively) new full-service network carrier in Dubai, United Arab Emirates (UAE). Despite being a relatively new company, the airline has become among the fastest growing companies in the Gulf region (The Emirates Group 2014). In fact, globally, the airline is the most profitable aviation company....
The role of business in the social sustainability can be described from multiple perspectives. To grow, develop new products, and ensure profitability, companies should establish a long-term and beneficial relationship with various groups of stakeholders. Some of those stakeholders, i.e., clients, employees, suppliers, etc., are of great influence on companies’...
Introduction Project management is a complex concept and in order to understand its underlying principles one has to comprehend what a project and project management entails. A project is defined as an endeavor aimed at accomplishing a specific objective through a unique set of interrelated tasks and the effective utilization...
Introduction The Mission statement is crucial for both the customers and the firm. This is because it enables the customers to determine the firm’s purpose or goal in the market. Also, a company can communicate its purpose to the consumers through its mission statement. The following discussion develops and analyzes...
Introduction Marketing touches every aspect of an entrepreneur’s business operation. It is usually a series of activities designed to identify what the customers really want or are looking for in your good or service. These activities include a market research and analysis, publicity, advertising, sales, customer service among others. Developing...
Executive Summary The analysis of the Brazilian market shows that it offers more benefits than challenges to this Canadian firm. It will be appropriate for this Canadian firm to expand its operations to the country. When making the entry, the management will need to incorporate the locals at the managerial...
Abstract The enforcement of a policy to control the import of commodities via the CBE platform affects the Chinese economy significantly. The taxation provisions of the policy established recently imply that consumers experience both fair and unattractive prices of commodities they purchase via the CBE system. Thus, the policy fails...
Research Methods This research was conducted using qualitative methods, which were conducted through semi-structure interviews, company documents and focus groups, which are self administered. A basic interview was conducted to collect data from employees, on their perception, attitudes and experiences. The research also seeks to establish how implementation of a...
Organizations must be able to quickly adapt to the changing environment if they are to retain their competitive advantage in a world where globalization is increasingly taking the center stage (Kotter & Cohen 2002, p. 24). Organizations that have incessantly failed to make provisions for change have been hardest hit...
According to Al-Alawi and Bradley (2013, p. 201), understanding the market is always the first step when developing a new product in the current competitive market. The times when firms manufactured products without understanding the needs of the consumers are long gone. The current market is very choosy because they...
Introduction The modern times have become competitive and very challenging for managers and leaders. In as much as the challenges face leaders and managers, very few individuals understand the differences that exist between managers and leaders. In some cases, people use the two terms interchangeably. It is fundamental to explain...
Introduction This paper is aimed at examining the external environment of the advertising agency Waldron Roux Silberstein Xao or WRSX. It should be mentioned that this company interacts with various manufacturers or service organisations (Learning Dynamics 2011). Therefore, this work of this agency is partly dependent on the performance of...
Introduction The coffee industry is huge indeed, and several companies are eager to introduce their ideas and improvements to attract the attention of customers. Taylor St Baristas is a young UK coffee company founded at the beginning of the 2000s. It was a kind of response to the existed dire...
Introduction Ethical principles set the tone for relationships in every sphere of people’s communication. Whether it is personal or business matters, people should be considerate and honest towards each other. Workplace ethics is of particular importance because it impacts a large number of individuals both within and outside the organization....
Introduction Connecting with customers is a fundamental aspect of a firm’s mission to achieve a competitive advantage. Modern organizations are facing challenges due to the intense competition in the business environment. Thus, companies should not ignore the significance of establishing a strong competitive edge. Creating market awareness of a brand...
Introduction The organizational culture plays an integral part of any successful company as it is an important strategic factor mobilizing all the structural units of the company and each employee individually to achieve the established goals within the framework of the declared mission of the company. The organizational culture determines...
Nature and Causes of the Problem When analyzing the situation for determining any serious issue in the department of human resources, Mr. Sweeney found out that the turnover of electrical engineers was quite high. As soon as any work opportunities appear, engineers leave the job to improve their working conditions....
Introduction In recent decades, the term of “knowledge management” has become very popular, however, it should be noted that its categorical framework is rather vague. Knowledge management can be defined as the art of creating value from intangible assets of the organization as a purposeful process of conversion of the...
Introduction The process of promoting a product, in general, and a new technological brand, in particular, is a complicated task that needs a lot of attention to detail and understanding of how a team of experts needs to be managed. Having a part-time job involving the enhancement of the product...
Please identify at least 6 competitive factors (factors that consumers consider in making their buying decision). Add-on from multi-media is a major competitive factor that enables game console to perform varied functions like an entertainment box. It can act as Mp3 player, plays high definition (HD) video disks, CD player,...
Introduction Background Dorchester has been rather efficient in the selected area, i.e., the field of electronics. Located in the United States, the organization has been growing successfully over the past few years and seems to have reached the stage at which it has to expand through acquisitions. The significance of...
Nowadays, it became a commonplace practice among many corporate spokespersons and social scientists to suggest that companies are inheritably interested in conducting business ethically, as the main precondition for them to remain competitive (Melville-Ross 2013). In its turn, this implies that ethical business is not only optional but also essential....
Introduction Successful online marketing requires the ability to deploy digital media tools successfully to establish a strong bond with all types of customers. For the LEGO Group, the specified objective is crucial to the firm’s further success in the global market. Therefore, the LEGO Group will have to incorporate all...
The Op- Ed writings about Corporate Welfare are interesting reading. The writer, Chris Rufer, founded The Morning Star Company. The company has a workforce of not less than 2,000 workers. It deals with processing and agri-business. He started the company in the year 1970. At that time, he used to...
Summary Women in developed economies have succeeded in harnessing opportunities at the top hierarchy levels in organizations, and this has been facilitated by their persistence to access quality education and compete with their male counterparts. As more women take over chief executive officer (CEO) positions and other positions that give...
The significance of reproducibility and repeatability of a measurement system can hardly be overrated; serving as the means to comply with the same quality According to a recent study, the promotion of repeatability in the setting of an organization, particularly, as far as its production process is concerned, helps maintain...
Nature of Strategic Management Description of the company Jaguar is a profit-oriented international organization that deals in automotives in different countries. Over the years, the organization has faced several challenges, which are either based on management or strategic planning. Since the aim of every company is to progress and obtain...
Introduction As internet use continues to increase, digital channels are emerging as dominant sources of competition. However, the main problem that arises from the use of digital marketing is the lack of analogousness between digital metrics and traditional metrics. Thus, it is hard to determine their effectiveness using the same...
The emphasis that Gallup placed on the significance of the emotional engagement of the staff members, though represented by the author as the revelation about the current concept of employee performance enhancement, was quite expected as it aligned with the contemporary idea of managing operations in the entrepreneurial environment. Indeed,...
Reason for Seeking New Markets Members of the European Union are feeling the impact of China’s growing economic power. The Chinese market is expanding. However, European companies are still struggling to discover the competitive advantage necessary to earn a profit. There are several reasons why European brands are unable to...
Introduction In any organisation, the HR department has the objective of handling issues that relate to employees. Functional responsibilities of the HRM include training and development, recruitment and selection, employee conflict resolution, deriving employee motivation and job satisfaction programmes, and taking active roles in the establishment of remuneration programmes (Kramar...
Background The University of South California (USC) intends to market the diplomacy program in China to draw more foreign students. This report presents a proposal on how the university can realize international strategic marketing. It is worth noting that educational institutions, like any other business, require financing for long term...
The U.S. economy has been the world’s largest economy for the last 142 years. It holds this position courtesy of the innovativeness and creativity of the American people coupled with strong government-initiated support systems, which foster advancement in all realms of the economy. A good example of the initiatives taken...
The Issues an Organization Faces if It Takes an “Exclusive” Approach to Its Talent Development Strategy One of the approaches to succession planning and talent development is the “exclusive” approach, which is aimed at identifying several talented employees and focusing the organization’s efforts on developing them and preparing them for...
Abstract The Kroger Company refers to the discrimination-and-fairness paradigm that is not appropriate to promote the diversity vision and effective inclusion practices in the organization. However, the company aims to follow the principles characteristic for the access-and-legitimacy model. In this context, the current report provides the summary and analysis of...
Introduction Chess Girls DC can be attributed to non-profit organizations that promote youth involvement in cultural development. The organization was established by Robin Floyd-Ramson in 2013 to engage girls in playing chess. The key mission of this organization that contains less than 200 members is to develop a sense of...
Build a Better Board Public assessment of company boards has risen to unprecedented levels. Nevertheless, they are mainly centered on short-term gains, not sufficient for lasting planning. The four goals that all corporations ought to consider are diversity, a long-term strategy, executive compensation, and technology. Many companies fail in the...
Introduction: Company X Background Company X has been operating in the environment of a retail business or quite long. After gaining the experience of five years of consistently hard work, the leaders of the entrepreneurship assumed that it had warranted an entry into the global market and the design of...
Running a large company presents a lot of challenges to the administration and management team. Some firms can cope with the pressure, but others fail to do so. The example of management at Peterson Industries leaves some lessons to learn. In terms of planning, the company gives a seemingly positive...
Introduction The Pro – forma financial statements are often prepared in advance of major transactions. Some of the transactions that require Pro – forma financial statements are starting of a business, capital investment projects, alteration of the capital structure of the business, acquisition, and merger among other transactions. The Pro...
Background of the Company The purpose of this report is to prepare a global marketing plan for the Chinese company Zhejiang Gonow Automobile Ltd (ZGA), which started its operation in the domestic market in 2003. This company is producing pickup and sport-utility vehicles (SUV) for the local market but it...
Introduction Diversity in business refers to the recruitment of workers from all backgrounds irrespective of race, religion, disability, gender, or status. The law governing the provision of equal employment to all is clear. However, most organizations have not adopted diversity, and thus discrimination of the minority groups is a common...
Introduction The objectives of the HR department within any organisation include handling issues that relate to employees. Functional responsibilities of the HRM in an organisation comprise training and development, recruitment and selection, employee conflict resolution, driving employee motivation and job satisfaction programmes, and taking active roles in the establishment of...
Company Overview Co-Mac is a relatively small company that provides specialized building hardware, such as fasteners, latches, construction locks, straps, supports, and more. The merchandise is imported from a variety of suppliers and distributors and is sold in a regional niche market. Being the first to arrive at this specialized...
The current paper examines the marketing situation of the Australian Wallabies rugby union team (which is a product of the Australian Rugby Union, the ARU), and provides reflection about its marketing situation on the basis of the research that was conducted earlier. The previously identified issues which are faced by...
Employee productivity is an indicator that allows evaluating the effectiveness of staff performance. Employees of a company present one of the most significant resources and managers want their subordinates to successfully do the maximum amount of work for the minimum time. To calculate employee productivity, such indicator as workforce productivity...
Amazon is one of the top e-commerce companies selling products to people irrespective of their geographic locations. The company has long relied on the services of delivery companies such as FedEx or UPS (D’Onfro, 2015). This reliance sometimes had quite adverse effects as some deliveries were delayed, which could be...
