11420 samples of this type
The sustainability of organizations depends on various factors that shape different aspects such as the motivation of employees, their commitment to business goals, attitudes of clients, productivity, and so forth. It is possible to consider the so-called 8 Ss model that can illustrate the attributes that are important for successful...
Nature of operations Aluminum rods, overhead line conductors, and drawn wire manufacturing Company name Oman Aluminum Industries LLC (OAPIL) Company introduction Oman Aluminum Industries LLC, otherwise known as OAPIL is a major manufacturer of aluminum rods, overhead line conductors, and drawn wire. The company is a major contributor to Oman...
Frequently, to gain more organizational benefits, companies act in a way that could be potentially harmful to the society or some of its members and, in this way, could be considered unethical. When practicing this kind of behavior, organizations usually close information about their activities so it can be accessed...
Abstract Southwest Airlines is one of the most successful airlines in the American market. Southwest Airlines has successfully differentiated its services from those of its competitors. The company strives to replicate its success in the local American market in the international market. Southwest Airlines’ highly motivated employees would give the...
The sales manager of State Manufacturing is venturing into new frontiers by gaining a distribution channel in Italy. However, the manager finds himself in unfamiliar territory because State Manufacturing has never engaged in the export market before. The pricing of export commodities presents a challenge for manager Jim Madison, mostly...
Abstract The fashion industry has a significant impact on many spheres of people’s activity. It would be wrong to think that fashion influences only our apparel choices. It does much more than that: companies creating and producing clothes can alter the lives of people in both positive and negative ways....
Vision is one of the important concepts of strategic management and every leader ought to have the vision to run a business successfully. Managers in both North and South Korea have well-defined visions that guide the day-to-day operations coupled with specifying future goals. The Confucianism culture is common in the...
Organizational culture is a broad concept which encompasses a wide range of aspects of organizational functioning. Due to its intangibility, it is not characterized by a single concrete definition, although many attempts to categorize it display common trends. It can generally be defined as “the set of shared, taken-for-granted, implicit...
Crucial lessons about successful management Behind any successful organization, there is an outstanding manager. Just like Elon Musk made a change for Tesla, Joe Hinrichs became a symbol of success in General Motors. Hinrichs had to take a path of trials and mistakes, but in the end, it became apparent...
Introduction Globalisation is a rising trend in today’s business environment. It involves international integration resulting from continuous exchange of culture, views, as well as products and services. It is mainly fuelled by advances in telecommunication and transportation infrastructure (Siegel, Licht & Schwartz 2011). Clever Clogs International is one of the...
Many reports, documented and anecdotal, have shown the issue of skills gap across many industries (Lasonde, 2016; Dewan, 2015). Hence, employers scramble to recruit the best available talents to meet shortages and execute their strategic growth objectives. However, a new workforce, millennials, presents varying dynamics to companies. Globally, the financial...
Marketing Strategy for Pet Food Product This paper outlines the marketing strategies that I intend to use for launching my pet food product. The product is titled Nature’s Best and it is unique in that it provides natural ingredients that appeal to pets’ tastes and conforms to emerging market trends....
Introduction Leadership integrates followers and leaders. It also influences organizational objectives and mission. This paper discusses a leadership plan in the context of Invitations Inc. It first offers an overview of the leadership situation of the company before establishing a plan that integrates leadership roles. It presents a leader as...
Issues in Job Posting Notably, America is a country in which the US Equal Employment Opportunity Commission (EEOC) has prohibited any form of job discrimination. Therefore, it is inappropriate to post a job announcement that promotes practices aimed at discriminating people based on their age, sex, cultural or religious background,...
Background information Team leadership is a complex undertaking that requires numerous attributes in order to guarantee success and propagation of ideals that characterize group contexts. Team leadership necessitates probity and ability to communicate and share ideas (Sonnenschein, 1999). It is impossible for leaders to actualize and propagate thoughts in absence...
According to Chuang (2013), “leadership is a key component of all organizations but its function and capacity are getting more complicated with increased involvement in globalization and technology development” (p. 1). It means that in the globalized and culturally diversified environment, the management should necessarily take into account multiple issues,...
Introduction Marketing strategy is the marketing logic applied by firms to accomplish their marketing goals. A marketing strategy takes into account the cost of marketing, marketing mix, and marketing allocations to develop competitive settings. The objectives of marketing must be SMART (specific, measurable, attainable, realistic, and time-bound). An effective marketing...
Introduction It should be noted that researchers and theorists have been studying the problem of child labor and its impact on the children’s well-being for many years. In particular, they study how labor and economic activity affect the motivation and value orientations of adolescents and the way standards and working...
Strategic planning is a very important concept in the world of business (Afsar, 2011). Sear’s organization should have embraced this concept from the onset, before venturing into the real business. Large companies such as Sears always maintain a competitive advantage by simply setting missions, visions, goals, and objectives prior to...
Authors’ Position Spens and Kovács (2006) argue that the publications they reviewed had some indicators missing. Therefore, it was difficult to categorically determine the use of the three different research approaches that were the point of focus in this content analysis. However, despite the fact that the method used was...
Assertiveness and Cooperation Assertiveness and cooperation are crucial concepts that are used to solve conflict among people. While assertiveness refers to declining people’s opinions without offending them, cooperation is a concept that seeks to submit and cooperate with the conflicting party. The two concepts are used to determine the conflict-managing...
Understanding the basics of organizational behavior (OB), as well as the principles that the staff members are guided by when choosing a specific behavioral pattern, is essential for managers, as the skill in question enables them to not only coordinate the performance of the staff, thus, increasing the overall productivity...
Introduction Deaths at work have declined dramatically during the last century; however, despite the radical improvement of health and safety standards around the world, tragic events continue to occur. This decline can be attributed to fewer working hours, better working conditions, and computer scientists succeeding in “developing intelligent machines that...
Outsourcing call or contact centers is a common process that has appealed to many business leaders. This strategy has made it easier for firms to trim business costs especially in the current global economic climate (Agarwal et al. 52). The practice has been characterized by extra benefits such as improving...
Introduction Minorities that most frequently face discrimination and harassment in the workplace are usually determined by their social and gender differences rather than their professional competence. Discriminated populations typically include people of color, female and non-binary employees, as well as personnel, deemed too young or too old to be considered...
Introduction General Motors (GM) is an international motor vehicle company founded and currently based in the United States. Apart from designing and distributing vehicles, the company also owns a number of manufacturing facilities all over the world (GM, 2016). Due to the high competition in the automotive industry and the...
Under Armour became one of the most promising prospects when it came to the production of sporting goods. The company sees itself as a rival for such companies as Nike and Adidas. The strategy of Under Armour can be described as flexible and well-adjusted to the real-life market, but it...
Marketing is the process of creating, communicating, and delivering products and services that are useful to the end-users and the community at large. Sports marketing entail marketing of sports products or non-sport products while linking them with various sports. It is however noted that sports marketing of products and apparel...
Corporate Communications (PR) Identification and Research Significance Corporate Communications involve both internal and external information that the company’s management addresses to its employees, target audiences, and partners. This system of information flow is aimed at creating the image of the company in order to achieve the consistency of its actions,...
Car industry has been developing day by day in many countries. The major purpose of this industry is to create, develop, improve, market, and sell motor vehicles, cars in particular. The progress of car industry is perfectly noticeable. For example, Marsden tells that during the 1970s, car industry in Britain...
Abstract The paper explores the way change affected the sphere of marketing and what field leaders can do about the occurring changes. The main aspect that caused several changes in the sphere of marketing is the rapid growth of technologies. Through the use of social media, market leaders can redefine...
Multinational companies have been operating for decades, and many people believe that these are organizations that fully enjoy the benefits of globalization. It is assumed that these businesses enhance their competitiveness through their diversity. However, Ghemawat emphasizes that the majority of multinationals are deeply rooted in their home countries (94)....
Introduction The case describes how the British construction equipment manufacturer JCB managed to expand into the Indian market through a joint venture with the Indian engineering conglomerate Escorts. Despite having a relatively small share of the global market, JCB became on the biggest manufacturers of backhoes in India. This paper...
Business size innovative potential The innovative potential of an entrepreneurial business depends on its size.Chesbrough (2006, P. 2) states that ‘there exists a direct relationship between the amount and type of innovation a company achieves to the way it approaches, fosters, selects, and funds innovation efforts’.Innovation potential is essential, but...
Since Organization and Leadership Review (OLR) has two goals – finding and preparing future leaders, and identifying the least effective employees and making them improve on their skills – it might present a good motivation for the workers. It devises a system of promotion based on assessing actual skills of...
Introduction In order to function efficiently in the environment of the global economy, an organization must conform to the existing quality standards and make sure that the services and goods produced to meet the stated expectations. Since navigating in the process of quality management is rather difficult due to the...
Abstract This paper deals with an effective training strategy at CEMEX. The strategy will cover such areas as customer service, technology, leadership, sustainability, communication, and special attention will be paid to diversity. The training will be held with the use of a constructivist approach and return driven strategy. Technology will...
Primary Recommendation General Electric Company Should Enhance Its Labor-Management Programs as They Are Much Poorer than in Other Companies This is the most significant recommendation as the company’s labor-management methods are not satisfactory, which leads to poor employee engagement and causes a negative atmosphere within the company. Several labor unions...
Introduction Current business trends that have come up as a result of technological changes and globalization have forced managers to upgrade their management and leadership skills to achieve success in today’s volatile commercial and noncommercial environment(Wheelen& Hunger 372-78). Business activities can now be done over the internet or at arm’s...
Education Pension Investment (EPI) is a prosperous company that operates in the investment segment (Whetten and Cameron 333). Thus, apart from the absence of support, Dan Richardson, one of the founders and CEO, made a decision to hire Mike Roth due to his outstanding performance and aggressive tactics (Whetten and...
Introduction Creativity has been an essential ingredient of economic growth in the post-industrial economy. Innovation in technology, business processes, and industries has led to the “Creative Age” that has fuelled economic growth (Florida 2014). This has resulted in the development of two distinct classes – the creative class and the...
Introduction Thorntons is one of the industry players, which have encountered several setbacks in an attempt to expand their market share. The mentioned company operates in the UK, where it controls a big share of the chocolate market. However, its attempt to penetrate the international market has backfired, apparently due...
The success of Infiniti’s marketing communication mix Marketing communication mixes that have been applied by Infiniti remains critical in attaining the required objectives. Moreover, the creative and innovative communication marketing mix is significant in attaining the desired outcomes particularly when the firm is operating in a highly competitive market (Burnett...
The concept of organization behaviour is a very important tool for any organization. It usually determines whether the business will succeed in its undertakings or not. Good managers must be able to effectively how to use the tool to gauge the employees’ response to different organizational policies. However, to effectively...
The idea of reducing costs for a particular product by improving its quality and, therefore, spending more on the raw materials so that the production process outcomes could be deemed as improved compared to the previous record is not new. However, in her article regarding the opportunity of saving an...
Introduction Bulks of business entities employ the proposed Activity-Based Costing (ABC) approach to their distinctive pursuits of cost accounting (Vazakidis, Karagiannis & Tsialta 2010). Oseifuah defines ABC as an innovative cost accounting practice that cyphers and evaluates the cost and efficacy of activities, cost objects, and resources (2014, p. 585)....
Abstract The paper discusses the six-step training model for global leaders used to develop their cultural intelligence. The model was presented in the article by Earley and Mosakowski (2004). The researchers state that while referring to the cultural intelligence, it is important to avoid mixing the concept with the idea...
Why Needs Assessment? If an organization focuses on developing its talents, the first step should be a needs assessment because it is necessary to know what problems exist in the employees’ performance or their cooperation. From this point, the key reason to conduct the needs assessment is the necessity to...
Introduction Innovation is the procedure for generating and executing a unique idea. It entails the process of taking utile notions and changing them into beneficial merchandises; which is a requirement for innovation (Lee, Wang & Chang 2011). Creativity is the power to unite notions in a new method or make...
Introduction Process improvement (PI) is most popular among researchers and practitioners nowadays (Veldman et al. 2014), and in this paper, an attempt at explaining this phenomenon is made. In particular, process management and its types, including PI, are defined, and PI is described in detail. The paper includes a discussion...
Literature Review of Marketing Activities in the Launching of New Products Launching a new product into the market is a very critical process in marketing management. According to Hauser and Shugan (2008, p. 78), when introducing a new product, a firm will need to engage in a series of activities...
Balanced Scorecard is concept that is used in performance management as a tool to automatically manage performance and keeps track of the appropriateness of the execution of the tasks and activities by the workforce depending on their capacities and also helps in monitoring the consequences that arise from these activities...
Speaking of strategic alternatives, it is essential to note that the core goal for Poolarama is to attract customers who have swimming pools and hot tubes into the store. In this regard, the key focus is to be directed at growing the brand and product awareness among the target audiences....
Clipboard Tablet Company produces three types of tablets: X5, X6, and X7. They are characterized by a different level of popularity among the customers because these products are at different stages of their development. The cost-volume-profit (CVP) analysis should be applied to the discussion of the products’ prices in order...
Al Mansoori Group Organisational culture refers to the values, norms and traditions that employers and employees believe are the driving forces that help them to achieve their goals. Al Mansoori Group has a unique culture that enables it to offer quality services and products to its clients and at the...
Introduction Firstly, it has to be understood that the company Fish Inc. operates in the seafood industry and strongly relates its operations to the food processing. The plant is located close to the Charlottetown. Despite facing challenging condition with the attraction of the qualified personnel, the company is planning to...
Segmentation Analysis The main issue identified for Softron Tax is low awareness and the need to establish a strong customer base in Ottawa; the issue is directly associated with segmentation. Segmentation is the primary strategic process that a business needs to conduct to ensure proper operation and development. The process...
Introduction International trade has transformed the lifestyles of many people in the world. Human beings are using different services, goods, and foods produced over a thousand miles away. However, this scenario presents both negative and positive consequences. Many scholars have been examining the issues associated with international trade. This form...
Introduction The Sikorsky Aircraft Corporation has been in need of an update of its quality policies for a while. Although the percentage of the current defects is passable, there are means of reducing it (Kubiak & Benbow, 2014b). A set of tools for addressing the issue, including the provision of...
Techniques for Maintaining Positive Relationships If a person does not achieve the desired results in the workplace, it means that he or she does not fulfill the obligations to an employer. It is necessary to define the methods that will help to bear responsibility for achieving professional goals to avoid...
What is JIT? The JIT commonly refers to the just-in-time method of production. The major area of its implementation is the Japanese car manufacturing. It is a holistic system of managing the process of production. The major objective of this manufacturing method is an attempt to reduce production waste and...
Living in the realm of globalization, people of the 21st century engage in the multicultural communication process on a regular basis. Be it a part of their job or heir pastime, intercultural communication has become an integral part of the American people’s lives, a fact, which Wal-Mart leaders have taken...
Introduction Employee engagement illustrates willingness and desire of employees to give their best and outperform themselves daily, motivated to contribute to organizational success (Fried & Fottler, 2015). It is considered a very important factor to ensure low turnover rates and prevent burnout. Medical and pharmaceutical industry is known to have...
Abstract The case study analysis is focused on selecting the best career option for Alan Wilson. The purpose is to choose the option that is most beneficial to make a difference. Although accepting the offer to work for Grepter in Zurich Alan acts rationally, this choice is most efficient to...
Team communication presents one of the most significant elements of the successful operation of any team. There are various approaches, theories, and concepts that strive to explain the process of team communication, enhance it, and integrate its members. This paper considers intercultural communication, Monroe’s motivation sequence, and teamwork theory that...
In America businesses have existed all through the time of colonial era to what they are today. Nevertheless, things have changed on various aspects such as the nature of operation and rules, which govern them. All these business required manpower to be able to produce more products and provide services....
Trend Analysis and Changes over the Last Two-Year Period Revenues The income statements of the two firms over the last two-year period indicate increasing trends in the revenues. The net income for GlaxoSmithKline increased from £4678 in the financial year 2012 to £5628 in the 2013 accounting period (GlaxoSmithKline, 2013)....
Star Endorsement To endorse the organic vision of the product, a Canadian celebrity may be invited to participate in the marketing campaign. The celebrity can either be a sports star or an individual strongly associated with a healthy lifestyle (e.g. a nutritionist). This strategy would target the customers oriented towards...
The risk manager should develop allocate some funds into risk insurance. This will enable the company gets the necessary funds to be able to reduce losses (Rejda 49). The manager should also try to make sure that there are other potential partners, and the company will be able to provide...
I am writing to you to request the permission to conduct research on the important problem that the management should address. In particular, the company should improve the training of employees because this task will be critical for the sustainability of the organization. Problem Statement Currently, the company faces considerable...
Concepts of Entrepreneurship and Innovation Management Nowadays, it remains evident that the business world tends to evolve, and its growth is accompanied by an extended variety of concepts and their development. It seems that they are highly similar, but the presence of differences makes them applicable in different spheres. For...
Introduction Tyco International Ltd is a manufacturing company involved in the provision of fire protection and safety systems and electronic security services. Between 1996 and 2002, Tyco made management decisions that contributed to its financial failure. The management of the company employed some inappropriate practices that contributed to bankruptcy faced...
Introduction Contemporary business activities have become increasingly complex for entrepreneurs. This situation has compelled organizations to implement robust operational practices in an attempt to address the needs of employees, customers, suppliers, and competitors among other stakeholders. Various factors that should be considered in operational management include excellent delivery of services,...
Introduction Google is an international company that deals with computing, adverts technologies, and internet exploration. Its main aim is to organize all the world facts and make this information useful and available to everyone. The company has advanced so much that it has changed the way we undertake our research...
Leadership Leadership is typically viewed as a set of measures aimed at setting the goals to be accomplished by the organization, as well as set the pace for the participants to operate so that the objectives in question could be attained (Kubiak & Benbow, 2009a). As a rule, it is...
Why Emsley states that “innovation is generally regarded as an important research topic”? According to Emsley (2005), “innovation is generally regarded as an important research topic.” The author refers to the idea that innovations should help organisations in the process of adaptation to the changing business environments and survive successfully...
As a private company, Galanz consists of 14 production facilities that operate across China. It is one of the largest companies in the world in the microwave business. The structure of the company is based on three main segments. The first structural segment deals with Original Equipment Manufacturing (OEM). It...
Introduction Two vital responsibilities of the docket of sales management are selection and recruitment. The two functions also fall under the department of human resource management. Linking selection and recruitment duties formed the notion known as the Employment Discipline. However, the two disciplines possess distinct roles. Selection and recruitment disciplines...
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,...
Introduction One of the most attention-grabbing and commercially successful products introduced in the last decade, following the popular second fitness boom, are wearable trackers, used to collect, store, and share data about a person’s daily activities (Millington, 2016). One of the leaders in the wearable devices market is Fitbit. As...
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...
The article by Garavan considers the concepts of training, development, education, and learning, and their relationship to the process of human resource management and development, and argues that the first three phenomena should be viewed as a whole that is tied by learning. This paper summarises this argument and provides...
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...
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...
Executive Summary Globalisation has opened new market opportunities in other countries that corporations can utilise to expand their businesses. However, in recent years, promising equity-based partnerships, IJVs and M&As, have failed to prosper. Scholars cite differences between the local and host cultures as the key success or failure factors (Khilji...
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...
Introduction Andrew is a friendly employee at a local IT company. He is one of the few positive employees out there who believe that humanity is one of the most important motivators. Andrew came a long way from being a typical employee to being a first-class manager. The IT department...
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...
Competitive strategy of the company International Business Machines Corporation, commonly known as IBM was founded in 1911 by Charles Flint (Kros and Brown 28). This American firm is headquartered in New York, United States, and operates in 170 countries around the world. IBM was one of the firms that played...
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...
Blockbuster and Netflix are two businesses that began operating within the same type of market – the movie rentals. At the same time, the two businesses functioned is completely different niches. Blockbuster worked through an enormous chain of brick-and-mortar stores where the clients could go any minute to choose and...
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 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...
