11372 samples of this type
Any workplace represents an environment where many people have to interact with one another; as a result, due to the overlapping interests, diverse values, and clashing needs, there is a high possibility of conflicts between employees (Carter, 2015). Some of such conflicts can be resolved with the help of internal...
Huawei Technologies Co. Ltd. was founded in 1987 by Ren Zhengfei in Shenzhen, China, and in three decades has grown from a small start-up to one of the largest technology giants in the world. Due to this incredible success, the company has won the status of a dynamic, innovative, rapidly...
Brief Description of Project Topic The problem is the need to improve performance of the Advanced Technology Investment Company, which is based in the UAE. In the last couple of years, the transformation process of the Advanced Technology Investment Company has been remarkable. According to many experts, the ability of...
Introduction The coherent society could be characterized by the great attention given to the fulfillment of peoples needs for entertainment. The rise of the quality of life and the evolution of consumer society preconditioned the increased importance of the creation of various facilities that would be able to satisfy customers...
Background of Apple Stores The first Apple retail store was opened in Virginia, in 2001, in the context of a new business strategy promoted by Steve Jobs in response to a conflict with retailers, including the US retailing chain CompUSA (Martellaro, 2016). The focus was on creating a team of...
Introduction There are many multinational companies in the modern world. However, they have not always been that popular. To become global, they implemented specific strategies that made their services or products important for people from different parts of the planet. The following paper is intended to discuss and identify why...
What Do Transportation And Logistics (T&L) Leaders Need To Do To Prepare For The Future Of Freight Transportation, Especially Motor Carriers? Transportation is one of the most important aspects of supply chain management. The existence of competitive transportation rates during the 1990s compelled many companies to develop supply chains that...
The TED talk prepared by Seth Godin reveals the reasons why some things are not done appropriately. The work of this entrepreneur and blogger can be used in the framework of marketing to explain both successes and failures. During promotion and advertising, a mistake can be made in the printed...
Introduction A firm has to determine the price to charge for its products and services to remain competitive in the market. Thus, it is essential to develop an appropriate pricing strategy based on the competitors’ prices and the demand for the product or service in the market (Best, 2005). The...
Executive Summary Focusing on the enhancement of the staff’s quality performance is essential for any organization, particularly, the ones that operate in the context of the global market. Promoting an increase in the performance of the employees operating in a diverse environment is especially significant as the multicultural context creates...
Introduction Conflict is a common occurrence in the workplace. Despite the improvements both in the theoretical understanding of the issue and practical techniques intended for effective conflict management, it remains a significant detrimental factor in the field of health care. The current paper explores the modern theories of change, conflict,...
Back Ground Information of SAP Entrepreneurship Service Advisory Partnerships Entrepreneurship is a consultancy firm focusing on offering advisory services to local businesses. This firm was started in the year 2006 as a partnership business by three individuals whose professions were entirely on business ventures. Starting as a small business, this...
Introduction Financial innovation and its impact and has become a wide range topic at all levels of management and in the society as a whole. Financial innovation outlines new measures and ideas that come into place. It is aimed at improving trading techniques, supply chain systems and access to financial...
Management plays a major role in the success of every organization. The growth trend that an organization takes is attributed by the type of the management system used to run the organization. Management approaches differ depending on the manager’s perception and the level of exposure. According to Bolman and Deal...
Introduction Businesses are faced with different forms of risks originating from internal and external sources. For example, employees may be involved in fraudulent activities, hence affecting the organisation’s financial stability. Secondly, firms’ financial stability may be affected by economic changes such as the occurrence of financial crises (Anand 2007). Such...
Statistical Process Control The title of the process is self-explanatory; as a rule, the statistical process control incorporates the array of statistical tools that permit monitoring the essential processes and quantify the outcomes thereof so that a detailed analysis of the changes in the product quality could be determined easily....
Introduction Attracting new supporters with the help of modern media is a tricky task mostly because of the fact that modern media is open to practically everybody. As a result, reaching out for a specific tier of the U.S. society becomes rather complicated. However, as the case of DeKalb’s Chamber...
Introduction Strategic planning is used to guide an organization during times of change. The plan applies external environments like the industrial environment and the economy. It creates concepts that strive to create an environment of healthy competition. It also comes up with ways of coming up with funding for projects,...
The phenomenon of organizational conflict and its impact on the performance of organizations has generated increasing attention from organizational scholars especially after the realization that organizations are ever more subject to conflicting demands imposed by a multiplicity of factors arising from both internal and external operating environments. Liebler & McConnell...
Helms (2006) identifies many different types of contingent workers – seasonal employees, temporary workers (or temps), part-time workers, interns, and independent contract workers. Each of these types of workers helps employers to organize their workforce more flexibly and cost-effectively. The modern companies operate in a way that forces them to...
Primary Recommendation (#1) General Electric can greatly increase revenues by tapping into the renewable energy markets of developing countries A large portion of the company’s revenues comes from developing countries, with Thailand, Algeria, Turkey, and Indonesia passing the threshold of $1 billion in recent years (Rudarakanchana, 2014). The growing rate...
Being an innovative organization that employs the latest approaches to promote quality across its supply chain, the Sikorsky Aircraft Company has a truly stellar record of working with its clients. However, like any other firm operating in the environment of the global economy, Sikorsky Aircraft needs a consistent improvement of...
Background: Concepts and Techniques of Service Management at Abasco, Inc. Although Abasco, Inc. has been developing at a rather fast pace in the manufacturing department, it has been showing comparatively low performance rates since recently. Therefore, a reconsideration of some of its production process elements might be reasonable. The introduction...
Introduction The dismissal of an employee might be challenging and has to be carried out carefully through the consideration and follow up of the guidelines. A manager can prove to be careless and non-caring about the layoff concerns. However, the way this task is performed remains significant to both the...
Compliance Standard: Strict Substance Abuse Compliance Program Our team here at Exxon Mobil is dedicated to sustaining a safe, productive, and healthy environment for all workers. We recognize that the abuse of substances such as alcohol and drugs will inevitably limit the performance of your workers as well as have...
Abstract The paper provides a discussion of how the concept of intercultural competence is reflected in the mission and current training plan of Tenet Healthcare Corporation. The gaps that are observed in the current plan about the issue of intercultural competence are discussed, and the activities to address them effectively...
Challenge Description Chess Girls DC is the non-profit organization that was founded in 2013 by Robin Floyd Ramson in Washington, DC. The organization seeks to inspire girls to play chess, thus developing spatial thinking skills and promoting personal development. The growth of confidence in girls is the paramount goal of...
Reduced Waste Disposal Costs and Production Expenses Financial resources are always used when trying to deal with waste materials from many organizations that are yet to adopt the GSCM. The first way of addressing this wastage is through the adoption of renewable energy sources. These sources are not only eco-friendly...
Heifetz presents a form of leadership that involves leaders providing leadership when the organization they are leading is under siege from external factors. Changes and transformations in today’s markets, clients, competitors, and technology all over the world are necessitating organizations to restructure their modes of operation (Heifetz, 2001, pg.124). According...
The article by Cai, Bagchi and Gauri published in Journal of Consumer Research named “Boomerang Effects of Low Price Discounts: How Low Price Discounts Affect Purchase Propensity” demonstrates that lower discounts for low priced product reduce the propensity to purchase non-essential, low priced goods (especially groceries). This paper provides a...
Terms of Reference Overview: This is a business plan for Blue Sky that sells sports clothing. Corporation: The business organization is small and growing against key competitors in the market. The Business: The business specializes in selling of all seasons sports clothing for people aged between 24 and 45 years....
Question 1: Human Resource Management Practices and High Performance Firstly, it has to be mention that Jennings understood the importance of the HRM practices in the formation of the company’s performance and competitive advantage and devoted significant time to the maintenance of these features on a high level. Nonetheless, the...
Introduction Generally, performance appraisal may be used to serve various purposes including monitoring performance concerning the attainment of organisational goals, rewarding employees based on their productivity and identifying developmental gaps performance (Cleveland, Murphy and Williams, 1989). In many of the organisations, the appraisal results are used either directly or indirectly...
Introduction The terms “leadership” and “management” have been interpreted differently by people around the world. Some say that the terms are interrelated while others claim that both terms refer to two different roles and can therefore not be interchangeable (Dorothy 2006). The word, leadership, can be termed as the process...
TopShop is a major player in the UK’s fashion industry. The company has recorded tremendous changes in its sales and physical distribution networks. With more than 300 outlets across Europe and millions of customers returning daily, TopShop is a formidable competitor in the “affordable luxury” and “competitive price” segments of...
Abstract Todd Robinson, as the president of Robinson Insurance Agency, is oriented to transition and replacement procedures associated with the human resources because of the necessity to select candidates with great leadership potential for the top managerial positions in the company. The process of developing the assessment plan depends on...
Types of Packaging Packing plays a vital role in marketing, as its primary goal is to attract the consumer’s attention. However, it is the main purpose of primary packaging. Other types of packaging also exist and serve different purposes, such as additional protection during transportation. Additionally, the packaging is used...
Introduction For any company to be part of a global business, a business strategy that incorporates an organizational model is essential in placing the business at a competitive edge. Doing business across national territory requires a business entity to have a model that will ensure its international operations do not...
Globalization provides better chances of growth and development for businesses, as it provides a wider reach of customers and more possibilities of increasing brand awareness and hopefully, patronage and loyalty. However, there also exists a likelihood of negative outcomes especially if intercultural conflicts are not resolved early. Case Study The...
Introduction Over the past decades, the biotechnology industry has experienced enormous developments in terms of networking and strategic alliance formation. The increasing need for technological learning, innovation, and knowledge creation has triggered the necessity for inter-firm collaboration. According to Gottinger and Umali (2010), strategic collaboration involves “cooperative agreements for reciprocal...
Introduction Researchers and business administrators attempt to develop models that can best support decision-making within organizations. Their main objective is to construct a framework that enables every member of the team to express his/her opinions and make valuable recommendations. In this way, they strive to improve the strategies of a...
Introduction Risk is a situation that exposes one to danger. It involves exposing a person to something that is valued to danger, loss or harm. Risk is, therefore, a threat or probability of injury, liability, damage or another negative occurrence. It is the possibility of incurring a loss or misfortune,...
Abstract Organizations use a needs assessment in order to correlate the organization’s goals with the organization’s needs while focusing on the employees’ current skills and the gap between the employees’ skills and the organization’s objectives. Methods of the data collection, the aspects of the data analysis, preliminary recommendations, and possible...
Introduction This paper has three sections. Section 1 is a commentary on developing learning and reflective practice. It involves preparing and conducting a structured interview with a classmate to determine his learning style, coupled with suggesting a suitable development tool for him. Section 2 is a report on two companies...
The article Issues facing management vs. leadership in public organizations discuss how management and leadership in public organizations influence their functioning and present the key differences between these two concepts. To understand what concept is more appropriate for contemporary organizational management, the differences between management and leadership need to be...
Introduction Human Resource Management (HRM) is the most important corporate management department. It takes responsibility for managing the firm’s human resources to ensure its objectives are achieved according. Corporate leaders agree that people are the biggest assets of any firm (Armstrong, 2008). Unlike physical assets whose value can be easily...
Marketing Research Marketing research is essential for all business organizations. An organization must conduct research on the sectors that they intend to expand to. Research is also conducted in order for all stakeholders to know if the organization can flourish in certain areas before funds are allocated for opening a...
Introduction The principal idea of everyday low pricing (EDLP) practice is the maintenance of the stable low prices of the offered products on a regular basis. This strategy is normally opposed to the “high-low” policy that implies the occasional introduction of various discounts and special sales (Boone & Kurtz 2014)....
The Accor hotel is one of the leading hotels located in France and a major hotel in Europe. It also happens to be one of the third largest hotels in the world. Over the years, the hotel has been forced to align its core competencies so that it can keep...
In order to successfully promote the product and ensure that the connection between the brand and the customers was established, the use of social media is inevitable. If the company aims to function in social media efficiently, it has to define its SMART goals and communications mission statement. Background and...
This recommends the implementation of e-procurement system (CXeBuy, namely) by Cathay Pacific due to the benefits that should be experienced by the company with the course of time. As the focus is made on the improvement of the purchasing process and capability, there is a necessity to develop an e-business...
Abstract The needs analysis plan is important to be developed in order to identify specific steps that are necessary for covering all the stages of the process and for collecting the specific information related to the selected organization. From this point, the effective needs analysis plan includes such steps as...
Introduction The following is a new product development strategy and analysis that was designed by Zeng Research and Development Company. The company is developing hospitality management software for the hotels to enable easy execution of their services. The software name is the Easy Tour designed to improve tourists’ experience in...
The significance of a proper planning capacity level is essential for the success of a company (Kerzner, 2014). Once the capacity levels are too low, the company will suffer significant losses due to the inability to reach the standards that it set previously. The planning capacity that goes beyond the...
Nowadays, it became a commonplace practice among many large companies in the West, to take pride in having incorporated the concept of Corporate Social Responsibility (CSR) into the very core of their operational philosophy. This practice, however, cannot be deemed thoroughly justified, because the main conceptual provisions of CSR happened...
In this era of technology, many companies are grappling with the issue of environmental conservation and sustainability. Sustainability is the ability to use resources sparingly for the sake of the future. Many of the companies emit effluents without considering the effects of such actions on the environment and the lives...
Amazon is one of the leading companies in the e-commerce industry. The company focuses on three “customer sets” that include “consumer customers, seller customers, and developer customers” (as cited in Lee, 2012, p. 53). The company has headquarters and over 70 fulfillment centers in the USA (“Amazon Fulfillment Network,” 2017)....
Introduction Tesla motors is an American based company that manufactures electric trains and cars at affordable prices in the American, European and Asian market. Its name was adopted from an electrical engineer and physicist Nokola Tesla. This paper will discuss the competitive and financial analysis in Tesla motors. Competitive analysis...
Small businesses have distinct advantages that larger businesses may have sacrificed as they grew. Small businesses also have unique challenges. A major example is marketing. Ad copywriting, web content and maximizing relations with customers are all have higher stakes for a small business. Keep your smaller customer base and dependence...
Quality management and the promotion of a consistent update of the quality standards is an essential part of any company’s operations. The subject matter is especially crucial in the field where the possibility of creating defective products is especially high, such as the production of gauges, as the study carried...
Executive Summary Richard Branson is one of the highest-profile billionaires in the world, and his status is a function of the development of a conglomerate of companies under the Virgin brand. His leadership style and the choice of organizational structure are quite unconventional compared to other companies in the contemporary...
Introduction The present report contains a thorough analysis of the practices of J.P. Morgan & Chase, a US-based financial service organisation, regarding its value proposition, the factors that influence it, such as its organisational structure, corporate culture, leadership style and the approach to customer service, and the delivery of excellence....
To enter the realm of the global economy successfully, Company X needs to know its capacities, i.e., the maximum and the minimum productivity rates that it may deliver. For these purposes, the concept of the process-capability-related ratios needs to be introduced into the analysis. By locating the specified data, the...
Introduction The need to adjust to a particular political model is the factor that can hinder business development and significantly complicate the work process. If it is about the mining industry, there are limitations and established spheres of influence. Their violation can entail a rather serious responsibility. The country of...
Abstract The paper provides a discussion of four parts of the training needs assessment plan for Anthem Inc. that includes the macro-level and micro-level needs assessments. The paper describes the insurance industry in the United States with the focus on the aspect of competition, the company’s mission and vision, and...
Abstract It takes a special kind of person to become an entrepreneur. Business is full of risk and potential for failure. In order to study business, one must pay attention to the successes and failures of other entrepreneurships. The purpose of this paper is to analyze the story of Jide...
Summary In chapters 21 and 22 of “The Toyota Way,” J. Liker dwells upon Toyota’s approach to the technical principles of TPS. It states that the service sector (in terms of administrative and service operations) can gain valuable insights from this approach, particularly from the field of lean manufacturing. The...
Systems and operations management is primarily concerned with ensuring that the execution of business operations of an organisation are in an efficient manner, using minimal resources in order to facilitate the realisation of business requirement. Typically, it is an example of a management strategy that aims at the conversion of...
Problem Definition: Problem Resolution as the Reason for Concern A school library is an essential resource for learners and teachers alike. Containing an array of scholarly articles, books, and other resources, it enables the participants to engage in the process of data collection and acquisition of the relevant knowledge and...
Workplace or occupational violence including both verbal and physical aggression, harassments, abuse, threats and other acts of aggression for a long time has been a major issue in occupational safety and health practice. According to statistics collected by the Bureau of Labor Statistics in the US Department of Labor, 17%...
Business success and a high level of organizational performance are usually typical of the companies with a healthy internal environment and a harmonious organizational culture. At the same time, an unhealthy internal climate can lead to a variety of problems that are likely to spread to multiple levels and produce...
Organizational Background Legacy is a “full-service, Federally Qualified Health Center (FQHC) that identifies unmet needs and gaps in health-related services and develops client-centered programs to address those needs” (Legacy Community Health, 2015). It exists since the end of 20th century in the Houston area and provides the clients with a...
Every organization operates within set goals and objectives that guarantee its success in a competitive environment. Effective communication is responsible for ensuring an organization’s objectives and goals are met. Consequently, a functional organization seeks to ensure that the channels of communication among its staff are clear and well defined. Organizational...
Introduction The low-calorie frozen microwavable food company has an oligopoly market structure. This company plans to expand. Thus, it has to formulate long-term budgeting decisions. However, it is facing increased costs of major ingredients. Therefore, this discussion has to outline a plan that managers can follow in anticipation of the...
Unfortunate events or occurrences affect the profitability and performance of organizations (Crandall, Parnell, & Spillan, 2013). Stakeholders expect their respective companies to have crisis management plans to tackle such events whenever they occur. A crisis that is not properly managed draws negative ideas or perceptions from different stakeholders such as...
The major focus of this research paper includes the issues of international staffing. With the development of globalization, many businesses begin to expand and hire people from abroad. Also, technological advancement drives fast progress in many industries forcing the most active competitors to seek better resources and practices (Thoo, 2013)....
Abstract The paper at hand provides a brief overview of the process of selecting the organizational strategy for talent development. The proposed organizational strategy puts a priority in the needs assessment element as one of the key determinants of the strategy’s efficiency. The selection of the strategy has a multi-stage...
McDonald’s Cash Flows The factors that could contribute to McDonald’s cash flows include inventory, accounts payable, sunk costs, low profits, and over-investment. The McDonald’s menu consists of more than 200 food items, and introducing the “Create Your Taste” burgers implies that all the ingredients necessary to produce the burgers must...
Abstract The paper provides a discussion of intercultural competence in the healthcare industry context to determine the gaps in the approaches followed by Tenet Healthcare Corporation while training the employees. The goal of the global training and development program is also presented in the paper to identify the targets. Also,...
This paper presents a summary of and a reaction to the article, Income Inflation: Absorption Costing vs. Variable by Wink and Corradino. The summary covers the main points presented in the article while the reaction shows an interpretation of the article and application of the knowledge learned. It is established...
Offshoring is one of the most controversial topics in the contemporary business domain. Since its emergence, the phenomenon has garnered recognition as a highly efficient and profitable way of labor redistribution. At the same time, concerns have been raised regarding the adverse impact of offshoring on the labor market, or,...
Carrying out the essential quality assurance procedures is a rather complicated task for the member of the Quality Assurance Department at the Sikorsky Aircraft Organization. Apart from making sure that every single detail meets a series of specific and rigid criteria, the quality assurance stage involves dealing with careful planning;...
Introduction: Supply Chain Risk Management in the Global Economy Environment Despite the fact that the reinforcement of information security and the enhancement of the data management processes is reasonably viewed as the key priority by a number of organizations at present, the improvement of the existing supply chains w and...
Introduction In the present-day business world with its highly sophisticated supply chain system, it is impossible to make decisions without taking into consideration the risks that emerge in this intricately organized environment. Logistics and supply chain management have become integral parts of any business (Monczka, Handfield, Giunipero, & Patterson, 2016)....
Major facts The Muenster Pump Company (MPC) produces an agricultural company; this enterprise works in this market for more than forty years, and at the moment, it is the largest employer in the town. To some extent, this status ensures good relationships between MPP and governmental officials (Burt, Petcavage, &...
Introduction The need to establish closer relations with clients has forced many companies to adopt new marketing strategies. Many of these organisations lay stress on the importance of customer engagement which is often critical for the sustainability of many firms. Some business consultants such as Richard Sedley define this concept...
Target change is vital for organizations that seek to maintain a favorable market position. Firms usually decide what changes to make in reaction to a market change. The Nestle Company considers China as its second-largest market following the United States. In 2015, the company experienced slow sales and stagnant revenue...
Company Description Bridgeport Drones is a US based company serving most states in the US and other countries, offering commercial aerial drone services through remotely piloted Unmanned Aerial Vehicles (UAVs) for aerial mapping and filming among other uses. Specifically, Bridgeport Drones is concerned with image collection through drones, and it...
Introduction Outsourcing is a tactical organization alternative, and not merely a means of reducing operational costs in a company. Most organizations choose to outsource to reduce costs and reduce the time taken for marketing (Haag & Cummings, 2008). In this paper, I look at some of the considerations and risks...
The History of the Container for the Transportation of Goods The inventor of the container and the father of containerization is the American Malcolm McLean. It is considered that he was watching workers unloading the car; they were picking up sacks of cotton and carrying on the board of the...
Introduction There are several types of leadership models that exist to suit different organizations. While some industries require the strict following of the rules, others look for a creative approach. Company W belongs to the banking industry and requires a set of guidelines for their leaders. The manual for it...
Risk management framework The objective of this research is to investigate the area of risk management. This paper suggests a theoretical outline that utilizes knowledge management methods to expand its usefulness range and upsurge the possibility of success in advanced IT plans (Alhawari et al. 2012). The paper develops ideas...
Description of the Business Concept The proposed UNIK AutoCare Services Limited is an auto repair business that aims at offering quality and unique auto repair services at competitive pricing for customers within the city of Riyadh. The business will specialize is Engine and body repair for all types of automobile....
Problems Facing Eastern Gear The rapid increase in costs can be viewed as the primary problem that the company has to face in the environment of the increasingly high competition. Therefore, the current strategy regarding the management of costs needs to be addressed properly. Another factor that can be viewed...
Assessment of the current strategy and the capacity to sustain competitive advantage Google.com faced serious challenges during its venture into the China market. There was competition from other internet search providers who were already operating in China. For instance, there was Baidu, and yahoo. However, Google came up with strategies...
Mandiant Cyber Security Company, renowned for forensic expertise and computer security programs, was founded in America by Kevin Mandia in early 2004. Its formation was based on the computer insecurity that was predicted to take place in the future (Harms, 2006). Currently, Mandiant Cyber Security Company’s headquarter is located in...
Introduction This paper explores benefits and limitations to strategic management. To appraise the benefits of strategic management, this paper discusses in depth how the different aspects of strategic management are applied. To concretize the analysis of strategic management, the paper focuses on Wal-Mart International, which is one of the world’s...
Brand focus The brand identity of United Airlines is based on the premise the company can offer both comfort and security to its clients. This message is conveyed through various channels. For example, one can mention their slogan Fly with Friendly Skies. Secondly, in their commercials, they emphasize that this...
It should be noted that organizational culture is a concept that encompasses both formal and informal rules existing in the company that is accepted by all participants in the work process. Also, this domain includes value systems, norms of behavior that characterize the interaction of employees with the management and...
Introduction According to Harrison et al. (2005), consumers can act as agents of bettering society. They do this through ethical consumption, which relates to the intentional selection of alternative products offering or not offering the greatest utility or pay off. The motive for selective buying as described here would be...
Introduction In the modern society, the environment of business operation is characterised by stiff competition. As a result, transforming business performance has become an integral part of gaining the competitive edge for many organisations (Hughes 2010). According to Carnall (2007), organisations devise innovative strategies in order to differentiate their business...
Introduction The traditional view of supply chain management in the FMCG (Fast Moving Consumer Goods) in the Middle East has significantly changed because of the global financial crisis (Hugos 2011). FMCG companies operating in the Middle East experience fierce competition in the production, distribution and selling of low priced fast...
Steps of a consumer decision process The first priority will entail the cost of the program. Going on a diet program at either Weight Watchers or Jenny Craig will demand some expenses. I will compare the overall expenditure of undertaking the dieting program in both organizations. The second consideration to...
Functioning of the Internal Market for Innovation The internal market focuses its efforts on establishing standardized business activities aimed at promoting customer satisfaction through consistent quality experience with both the company and its products. In Nypro, innovation processes in the internal market help to streamline and shape customer interactions and...
Social networks are often criticized by organizations since those can be one of the major distractions for employees during the working hours. However, the benefits of networking outweigh its drawbacks. Moreover, it is always in your power to minimize the negative effects of social networking and maximize the positive ones....
Challenges and Benefits for the Sikorsky Aircraft Corporation The emphasis on quality has always been strong in the Sikorsky Aircraft Corporation. However, the idea of meeting the corresponding demands has never gone beyond the company’s environment. In their paper, Kukreja, Ricks, and Meyer (2009) suggest that the attitudes toward meeting...
Abstract Enforcing conduct between employers and employees is necessary when it comes to minimizing the likelihood of economic inefficiency for organizations. The US has established labor laws at federal and state levels to ensure that employers adhere to the minimum wage regulations. Besides ensuring that employers remunerate workers appropriately for...
A variety of factors can influence consumer behavior, and it is important to study these factors in order to develop a strategy for the most effective retailer behavior. A modern vision of consumer behavior depends on analyzing consumers’ purchasing trends, their use of goods, as well as their emotional responses...
Virgin Atlantic Airways was established after an American entrepreneur proposed the idea of an intercontinental airline that would only aim at the business class flights. Richard Branson vetoed this exact approach but loved the idea. To begin with, he reduced the risk by renting the whole thing, and he was...
Introduction It is essential to determine the product or service needed to solve a certain social problem. Sale of products based on the need of the consumers ensures high demand for the product or service in the market. The following discussion analyzes Walmart Company to determine the service that can...
Introduction With the increasingly high number of opportunities for comfort, the importance of a challenge has become especially high nowadays. It is essential to promote the idea of being proactive among the modern population. In its recent commercial, Nike has been focusing on inspiring people to overcome challenges and push...
Introduction Context-based leadership is a stance that clearly justifies the existence of the situational model of leadership. Under the model, leaders should use appropriate leadership approaches that meet the requirements of a given situation. Different contexts in an organization require a leader to exhibit different characters that can match with...
Introduction Branded as “Verizon”, Verizon Communications Corporation is an American company that specializes in providing broadband and telecommunication services. The company trades its stock on the NYSE but the incorporation was done in Delaware (Verizon, 2014). Summary of operations The company employs more than 176,000 people and obtains revenue exceeding...
At the present moment the SilkQueen company faces the organizational difficulties caused by the misunderstanding between the line manager and the employees of the enterprise. In spite the vast working experience in Asian companies and the undeniable professional skills, Sally Dawson has the definite difficulties in relations with the staff...
PruCare The Prucare is a managed care plan that is entering a new metropolitan area aiming to meet the consumers’ needs with the delivery of quality health care services. The decision came about after extensive marketing to identify market opportunities (Somu, 2012). The Prucare marketing team needs to develop strong...
Abstract Globalization, a phenomenon characterized by the increased integration of nations through trade, politics, and culture, has emerged as an important feature of the modern world. This phenomenon has been hailed by economists as the most important driver for global economic prosperity. The paper sets out to demonstrate that globalization...
Introduction Leaders have characteristics that are expressed in their behaviour and their motivation when working. Just like managers, leaders take the role of dealing with daily activities at work, but they focus more of their efforts on managing the visions and missions of their firms. Thus, a leader focuses on...
Introduction Changing consumer trends dictated by technological advancements and globalization of the modern market require a wise selection of leadership and management styles. While leadership and management are two distinct concepts, they have a close connection, which makes it complex to utilize one and leave the other. Leadership roles such...
Executive summary Organizations are always looking for new ventures and opportunities that can help them succeed in competitive markets. Some of the initiatives that organizations can use to achieve their short, medium, and long-term objectives include diversification of existing products and the introduction of new products into the market. Rochep...
Introduction Enhancing the performance of a certain team in a specific business environment implies that the person acting as a change agent is capable of identifying every single variable in the corporate equation. Unless the crucial concepts are identified, creating an efficient team is hardly possible. Therefore, the definitions provided...
Planning Tanglewood Case Two was about the planning of recruitment. Working on this case, I learned to analyze staffing data and determine whether staffing practices of an organization are adequate or not to fulfill its future needs related to human resources. Besides, Tanglewood case provides the learners with a great...
Though being a comparatively recent addition to the framework of the quality management process, the philosophy of Six Sigma has established itself rather successfully in the specified environment (Baporikar, 2015). The concept has become the staple of quality measurement. However, apart from providing an elaborate metric system, Six Sigma can...
Multinational Enterprises and Modes to Entry There are several different modes of entry that multinational enterprises (MNEs) may choose when expanding overseas: direct and indirect export, joint venture, acquisition, franchising, licensing, partnering, greenfield venture, and direct investment. The two most common modes are exporting and partnering. Exporting is the easiest...
Business strategy The business strategy aims for business excellence, which is a combination of horizontal and vertical teams providing strategy and planning and aiming for the ultimate goal of achieving the vision, mission and goals of the organisation. Human resource management planning is important in providing a strategy for an...
Operational effectiveness, in general, refers to the way an organization sees the importance of operations in achieving strategic objectives and economic success. There are four stages of operational effectiveness, i.e. coming to a realization that processes are the key to high levels of performance and competitiveness. Organizations in stage 1...
Introduction Creativity refers to the ability to come up with a unique solution that can solve a problem. Creative ideas arise in different ways and under different circumstances. Sometimes, they occur after an individual work hard to find a solution to a problem by investing all the effort and resources...
Economic growth and the following expansion are nearly inevitable for any company with regular revenues and a good reputation within the target market. As soon as a company gains an impressive reputation in the target market, it gets an opportunity for further growth. The latter can be facilitated by gaining...
Introduction: Disney in 2016 There is hardly a single company that can match Disney in terms of its history, impact, and imagination. It is quite remarkable that the company which is criticized so harshly for the stereotypes that it has been promoting in the children media is also praised unanimously...
Introduction Labor productivity is one of the most important quality indicators of the work of any enterprise, and one of the main criteria affecting this index is the level of human resources management (HRM). Competent work of leadership in relation to this policy allows significantly improving the existing results of...
Abstract The paper provides reasons for creating a global training and development plan for Tenet Healthcare Corporation. The description of the organization is included, as well as countries of business and the company’s mission. Two identified cultural and diversity issues are the training of the expatriate management and diverse staff...
Knowledge and Risk ‘Knowledge can be divided into uncertainty and perfect knowledge. Where does risk fit into this spectrum?’ According to several sources, knowledge can be defined as the relation between two or more ideas that are usually perceived mentally (Reany, 1988). Naturally, such ideas or concepts do not exist...
Introduction Hennes and Mauritz (H&M) remained above its competitors in the clothing industry in terms of profitability and satisfaction of customers. H&M chain store successfully used components of marketing mix to increase overall sales of its products. In order to attract low-income earners to this scheme, the company kept the...
Introduction The term “emotional intelligence” (EI) is actively used today in the corporate setting in order to describe the capability of a manager, a leader, and a coach to address the emotions of the personnel, as well as to manage personal feelings and reactions. From this perspective, in addition to...
In the contemporary world known for its rapid development a number of spheres of life are changing very quickly. The causes of such changes are mainly technological progress, scientific discoveries, social alterations, and the process of globalisation. Business world and labor market constantly undergo various metamorphoses that shift the balance...
Introduction Over a long time, managers were utilising financial measures in evaluating and analysing the performance of profit-making organisations. However, this situation changed following the development of a balanced scorecard (BSC) in the early 1990s. Through the inclusion of internal, learning, and customer perspectives in measuring performance, BSC has helped...
Human resource (HR) is defined as an individual contribution to an organization in terms of efforts, skills, and capabilities. On the other hand, human resource management (HRM) is the division of the organization that deals with the management of human resources (Dessler 4). Human resource management can be viewed from...
Marketing is one of the most common and, at the same time, the most complicated occupations these days. It is everywhere, from romantic relationships to families and large intercontinental businesses. Marketing is much easier to understand if it relates it to the laws of physics. The meaning of various marketing...
When a question is raised regarding the attractiveness of a job, the first thing that comes to mind is the salary. This is hardly surprising since it is the most approachable, transparent, and well-known way of rewarding employees. However, while employers’ market competitiveness can be indirectly assessed based on the...
Introduction Developing the value system based on the principles of diversity is crucial for an organization operating in the global economy. Coca-Cola has shown an impressive propensity toward cultural diversity in both theory and practice, thus, building the foundation for a cross-cultural dialogue with all stakeholders involved. Body: Coca-Cola Analysis...
The company’s strategy determines its choice of financial decisions, and revenues depend on the effective realization of this strategy (Piper, 2010). The purpose of this paper is to demonstrate how to apply such steps of the financial assessment process as the evaluation of strategies and revenues to the analysis of...
The typical unethical business practice which is associated with working conditions and environments is discrimination. Although the issue of discrimination is actively discussed and addressed in the world business environment, there are still many situations when managers discriminate the other employees according to such factors as gender, age, and ethnicity....
Introduction Entrepreneurship is the process of establishing a business for effective service delivery and for profit making. However, within the business community, no single definition of the word entrepreneurship has so far received unanimous adoption making entrepreneurship such a wide concept (Carsrud and Brannback 2007, p. 5). It is no...
What Is an HR Audit? Managing human resources (HR) is an essential part of any company’s operations. Unless appropriate tools for communicating with staff members are utilized, a firm is unlikely to succeed in its target market due to low motivation rates and, thus, poor performance. To ensure that the...
Radio-frequency identification (RFID) is a system for tracking and tagging objects, in a manner not dissimilar to barcodes. The information is stored in the tags through the use of electromagnetic fields and does not require line-of-site for the reader devices to scan them, unlike barcodes. This provides more freedom of...
Abstract This paper compares and contrasts the process of accounting standard-setting and financial statement presentation among different accounting regulatory agencies in America. The key focus is on the SEC, FASB, IASB, and GASB because they are the main regulatory bodies in America. Comprehensively, this paper shows that these regulatory bodies...
According to Le (2002), Milton Friedman reduced ethical characters to economic rationality through the development of the idea that the social responsibility of any corporate institution is to make profits (p. 157). Such a statement is a development of the idea that businesses promote the common good through the pursuit...
Introduction Maximizing the success of new employees sounds like an employee’s personal concern. However, the truth is that it takes great input by the employer to ensure that new employees excel and become effective in their jobs as soon as possible (Bauer, 2010). In an attempt to maximize employee effectiveness...
When an individual is extremely and inordinately interested with oneself, it is referred to as narcissism. Narcissistic persons are also egocentric and self cantered in nature. Narcissism is associated with a high level of smugness. It does matter how much theory is offered about what is good management and leadership....
Competitive advantage The modern world is characterized by great rivalry. That is why every firm or enterprise should struggle for its success, trying to win in this fight. First of all, a firm should be competitive in the sphere in which it suggests its services. Every company should try to...
Hyundai was recognized as one of the top spot terms based on corporate brand loyalty amongst American potential customers within automotive industry. Hyundai has improved over the years, migrating from cheap brand with cheaper quality to one of the most recognized loyalty based brand. Hyundai’s Kia brand appeared as one...
