Risks and Risk Management Strategies in Supply Chain Operations: An Analytical View

Potential Disruptors of a Supply Chain When defining the factors that are most likely to cause a disruption in the supply chain management (SCM) process, one must mention that these factors can be split into two large categories, i.e., the external and the internal ones. The internal factors are typically...

Role of Communication in Effectively Managing Organizational Change

Introduction Resistance to the change in organizations is one of the main factors that prevent leaders from improving their companies’ strategies and operations. In her article, Saruhan (2014) has examined the relationship between the communication and resistance to change while using the perception of justice as another factor associated with...

Establishing a Sensitive and Appropriate Compensation System

Establishing a sensitive and appropriate compensation system is crucial for any workplace. Lack of fair and equitable appraisal and payment will lead to a number of issues, among which there will be employee shortage and turnover. Experienced and high performing workers will be likely to leave their jobs first. To...

Purchasing Industry in Ottawa is Valued: Business and Economics Insights

Business and economics are key elements in the analysis of any form of trade. In this paper, the author addresses the issue of purchasing and how it relates to the two concepts (business and economics). The analysis is made from the perspective of purchasing as a vocation. The discussions are...

Unilever Corporation Profile Overview

Unilever is a multinational corporation that operates in the consumer industry where it sells such products as Ben & Jerry’s ice cream. The company sells multiple consumer products to different markets across the globe. Its major markets are in Europe, Asia, North and South America and Africa. The company dominates...

Corel vs. Department: Procurement Fairness & Discrimination Issues

Complainant’s Position In 1998, a number of discussions took place between the Corel Corporation (Corel) and the Department of Public Works and Government Services (the Department) on the basis of the procurement of an enterprise license for an office automation suite (Corel corporation, 2004). In 1989, Corel made significant contributions...

Mark Lapidus’ Strategy for US Airlines: Bigger Planes, Bigger Profits

In our globalizing world all of the processes are directed at receiving bigger incomes, buying more goods, purchasing larger volumes and numbers of units, consuming more and spending less. It seems like the suggestion of Mark Lapidus is based on the global way of thinking. Basically, the financier is trying...

General Motors Company’ Organizational Culture

GM is an American car company known for its widely popular brands such as Cadillac, GMC, Buick and the like. The company found itself in unfamiliar waters upon the revelation of a part-defect issue in its Chevrolet Cobalt and the Pontiac G5s. This situation caused the deaths of 13 individuals...

Walt Disney Parks and Resorts Inc. in China

The conditions for the Walt Disney Parks and Resorts Worldwide, Inc. functioning in China are quite favorable. During the last years, the positive changes of the key macroeconomic indicators in China have created conditions for the rapid development of the travel and leisure industry. Combined with the elaborate and effective...

How Many Local Franchises Have Used the Best Ideas and Strategies for Success

Introduction Franchising is a common practice in the world of business. Franchising makes it easier for “investors to establish new distribution outlets and stores in foreign markets” (Hoffman 5). The success of investors depends on the strategies and goals of their franchisees. Many local franchises are currently expanding their businesses...

Samsung and Child Labor: Business Ethics Case

After completing their tasks, three young girls titter as they play together. Nevertheless, when interrogated, the girls confessed their secret of using false documents to work unlawfully at a Chinese factory that makes cell phone parts for Samsung. The girls were aged 14 and 15 years, which is too young...

Customer Relationship Management in E-Commerce

The customer relationship management demos which are discussed can be of a great benefit and immense importance to different companies and firms. As far as this paper is concerned, such tools can be of great help to the following company such as Amazon. Amazon is a company that operates in...

Analyzing the Supply Chain Operations of Canadian Springs

Canadian Springs’ supply chain consists of the following elements: procurement, inbound logistics, operations, outbound logistics, sales and customer service. Procurement involves acquiring all the equipment and raw materials needed to produce bottled water. This consists of the purchase of plastic water bottles, spring water, coolers, cups and micro filtering equipment....

Student Resistance to Change in Higher Education

From the research project, there are some change management issues that have been noted; the issues related on how to change the behaviour, culture, beliefs, attitudes and perceptions of the students to adopt changes in the system. The issues can be classified broadly as institutional change challenges, individual change issues,...

Marketing Strategies of Companies Featured in The Globe and Mail: Success Stories

The Globe and Mail is Canadian largest-circulation newspaper based in Toronto; the newspaper also sells in a total of six cities in the country. The media industry is largely supported by marketing and advertisement where private and public organizations post their adverts to reach to consumers. Different companies have different...

Corporate Board Governance in Medtronic Inc Case Study

Introduction Business organizations in the contemporary environment face different challenges, which include environmental turbulences and dynamics. As a result, most of the current business organizations develop effective and efficient business strategies. Effective and efficient business strategies play a significant role on development, growth and prosperity. Corporate governance is a vital...

FTD Florist: Serving the Needs of Each Customer

FTD Florist was established to serve the floral needs of customers. It offers flower delivery services to its clients. They pride themselves of being full-service florists who serve the needs of each customer and also serve large corporate clients. The priority of FTD Florists is customer satisfaction. It boasts of...

Investing in Australia vs. Mexico: Comparative Advantages for Firms

Introduction A firm’s decision to invest in a foreign country is normally motivated by the need to increase profits by exploiting specific advantages available in another country. The firm must consider the micro-economic factors such as the technology available, its marketing skills and its ownership advantages prior to investing in...

The Trump Hotel Annual Report Analysis

Introduction Donald J. Trump started Trump hotels in 1997 as Trump and International Hotel and Tower in 1997. The hotel was a 52-story building used as residential. The other hotels opened later include Trump International Hotels and Tower Chicago, Trump International hotel Las Vegas, Trump International New York, Trump Ocean...

Boeing’s Company Strategy and Advantage

Challenges and Opportunities faced by Boeing in the Late 1990s Boeing has been regarded an industry leader in the production of large aircrafts for commercial and military purposes (Boeing, 2012, p. 12). For a large part of Boeing’s history, the company has received immense support from the US government to...

Nortel Networks Corporation Accounting Theory

Introduction The reporting of financial information is of great essentiality to both the organization and the other stakeholders. “Accounting information is reliable to the extent that it is verifiable, is a faithful representation of the underlying economic reality, and is reasonably free of error and bias” (Young et al, 2007,...

CISCO Systems Inc Strategies and Management

Cisco Systems, Inc deals primarily with routers that are used in TCP/IP networks. This company was founded in 1984 by two computer scientists. Four years later John Morgridge was hired as the CEO of the company. The CEO was to usurp all managerial powers from the founders of the company...

Volkswagen Company’s Information Technology

Introduction With the evolving technology, organizations are putting more efforts to keep up with these advances in technology. The business environment has to a great extent been influenced by the constant changes that are being witnessed in the market currently, technology has made it easier to come up with methods...

Volkswagen in America: Managing IT Priorities

Background At a time when the business trends are increasingly becoming reliant on the global market dynamism which is driven by an ever-changing consumerism patterns, Information Technology (IT) remains the most critical aspect that can guarantee success. This is due to its ability to creatively generate an enabling environment where...

Government Influence on Servus Credit Union: Nonmarket Forces

Introduction There are both market and nonmarket forces that interplay in a business environment and largely influence the activities of any business organization that is in operation. Under normal circumstances, the success or failure of any corporate organization depends on its ability to adjust accordingly when changes occur in both...

Logistical System: Private and Public Warehouses Combining

A coherent logistics system presupposes that a strong link should exist between every single element of the company’s production processes (Ismail, 2008). The reasons for combining private and public warehouses into a single system, however, may not be obvious to an outside observer at first. The above-mentioned approach is traditionally...

Management: Effective Teamwork Role for Organizations Performance

Introduction Effective teamwork is an essential factor of improved performance in organizations. According to Tuckman and Jensen (2010), in their development, groups usually pass several important stages: forming, storming, norming, and performing. Depending on the stage, teams and groups demonstrate unique organizational features. Unfortunately, not all groups can successfully meet...

Groupon Company Analysis: Daily Deal or Lasting Success?

Synopsis The case under analysis introduces a company that has become a symbol of success, hope, achievement, and benefits out of nothing. It is the story of Groupon, one of the most popular discount services around the whole globe, its success, and the reasons why some challenges may still bother...

E-Commerce Growth: Amazon, eBay, and Online Retail

Executive Summary The internet has brought an unprecedented level of interconnectivity on a global scale through which more and more transactions such as banking and even retail are conducted online (Crespo 2009). Sites such as Amazon.com, Ebay, Craigslist and numerous other online retail suppliers are able to sell items such...

Fair and Equitable Compensation

Compensation and benefits are the base parts of any employment relationship. Compensation and benefits are seen differently from the points of view of the employees and employers. Compensation is an important and multidimensional aspect that can be connected to such factors as motivation, job satisfaction, quality of professional performance, and...

Shopping at Wal-Mart: Among Canada’s Best Employers

The articles under consideration dwell upon one of the major retail chains, Wal-Mart. One of the articles is entitled “ROB Ranks Wal-Mart among Canada’s Best Employers” (Marketnews.ca, 2008). The article highlights the success of Wal-Mart Canada which is among 50 best employers in this country. The author uses several approaches....

Canbide Corporation Operations Management Tools

Managers are the professionals who are assigned the role of overseeing the duties of every employee in an organization towards achieving mission statements. They are the people who work closely with the employees and quite often they are consulted by administrators when decisions are being made in an organization. They...

Outsourcing Call Centers: Cost-Effective Solutions for SMEs

Introduction Large enterprises generally tend to have the resources to establish their own call centers. However for most small to medium sized firms, it makes financial sense to outsource a call center with the aim of providing technical and customer support to current clients as well as potential customers. Outsourcing...

Decision Making Process with the One Presented in the Text: Travel Planning

Steps taken to make decision Making a decision is always a challenge, even if it concerns such insignificant issues as choosing which place to travel and what clothes to wear. Hence, when I decided to travel to another state, I faced a number of problems, like what things I need...

Essential Exercise Equipment Recommendations for Fitness Enthusiasts in Kenya

Introduction In today’s competitive business world, businesses have to be at par with what is happening in the business field, for instance, in regard to the demand and supply levels in the market. This is because failure to move with modern developments and change of taste and preferences among the...

LMNE Gaming Lounge’ Business Plan

Analysis of the Gaming Business Environment The gaming industry has become a lucrative business given the dynamic technological environment that has seen many new gaming devices being developed for gaming experiences. The introduction of the Wii games have changed the way games are being played as they provide the user...

Dell Business Model: Globalization & Corporate Strategy

Dell Computer Corporation use different strategies to enter and remain competitive in the global market. Continuous improvement, innovation and creativity by the company have made the company’s products competitive. The company research and development department is mandated with the task of advising the company on the nature of products it...

Management of Wal-Mart Stores Inc in 2008

Firm management strategies highly depend on resources and facilities as a measure of economical expansion. Supply chain management depends on progressive and efficient production and distribution. The main driving forces of Wal-Mart supply chain stores involves working around reasonable costs to ensure customer’s satisfaction at all times, especially during the...

SunTrust Banking Industry: Founded in 1811, HQ in Atlanta, GA

Executive Summary SunTrust is a Banking industry that was founded in 1811. Its headquarters is in Atlanta, Georgia, in the U.S and it has about 1,800 branches in the Southeast of the United States. SunTrust employs more than twenty-eight thousand employees, and as at 2009 financial year, it earned revenue...

TransGlobal Airlines

Introduction Regulatory bodies usually strive to ensure that there are no monopolies in any industry. This is because, in a monopolistic market, there is no stiff competition between various companies. Lack of competition does not provide a monopoly with the necessary impetus to improve the quality of its products. TransGlobal...

Diversity Management Practices and Principles

Introduction Over the past few decades, the business arena has experienced an increment in the number of organizations with a high rate of diversity. Diversity in an organization involves appreciating differences amongst employees based on various variables such as socio-demographics, and human capital (Paludi, 2012). This aspect highlights the importance...

McDonalds Company’s Aspects of Efficiency

Introduction The strategic focus and organizational management have positioned McDonald’s on the principles of calculability, control, efficiency, and predictability. This paper attempts to explicitly examine the extent to which my life is McDonaldized. McDonaldization Influence The aspect of efficiency as a McDonaldization value revolves around the process involved in reaching...

Customer’s Decision Making Process

Consumer attitudes are formed by several aspects They can be influenced by the people’s beliefs, intentions or feelings towards certain types of goods and objects (Attitudes 2010). Besides, the attitudes make consumers prefer different brands or even favor certain stores and prefer them to the other ones. Of course, these...

Robert’s Coffee Shop Marketing Strategy

Introduction In the current competitive market, business success not only depended on consumer behavior, but also the number of competitors in the market. Businesses must continuously evaluate their products, prices, distributional channels and promotional activities to ascertain their strengths and weaknesses. Identification of the rivals, their moves and trends helps...

Saudi Telecom Company Balance Scorecard

Introduction The main purpose of the proposed study is to undertake a critical evaluation of the implementation of the balanced scorecard (BSC) within the Saudi Telecom Company (STC), with the view to exploring what managers and employees recognize to be the fundamental challenges associated with BSC implementation. A tangential purpose...

The Role of Corporate Lobbyists in American Future

Abstract Corporate lobbyists are beneficial for the growth and development of corporate organizations for they ensure that the business environment is free from hindrances of corporate growth. They protect a corporation against legislation that would deter it from maximizing its profits. Hence, there is an increase in corporate contributions to...

Marketing Innovations That Drive Success at The Green Motor Car Company

Introduction The development of technology enables people to choose better options for their lives. Apart from this contemporary people can afford taking care of nature. These two factors contribute to the development of the green motor car market. Green motor cars buyers can benefit from saving money on fuel, and...

American Marketing Association’s Promotion

Marketing and innovations are the two main functions of any business (Kotler and Gary, 2012). For a business to thrive and be able to sustain itself in the global market, it must comprise of regular innovations and proper marketing techniques. That is, the management should be made up of innovative...

Financial Projections for Entrepreneurship in Food Industry

Running a restaurant, especially in the area known for its high competition rates among the local food production companies, particularly, the fast food industries, is not an easy task. However, by defining the profits and losses that the company is likely to witness in the first year of its operation...

Drones Production Company Marketing Plan

Introduction Drones are officially known as remotely piloted vehicles or unmanned aerial vehicles (UAVs). These aerial vehicles can carry some objects like cameras in order to take photographs and to make videos at a distance, without the direct participation of a man in the process. Drones allow photography or scientific...

Enhancing Digital Media Strategy for Roadrunner Sport Company’s Success

Introduction Roadrunner Sports was founded by Michael Gottfredson in 1983. The organization is located in California with various retail stores in San Diego, Washington, Georgia, and Virginia. The organization is involved in charity work through activities such as offering sponsorships and donations to the needy. The organization has embraced the...

Ethical Business Practices: Minimum Wage, Bribery, and Nepotism

Minimum Wage The issue of exploitation is a major challenge in many societies. A minimum pay is the lowest monthly or daily remuneration that companies may pay their workers. My position is that every business should follow the best ethical principles. This approach will ensure “every organization provides what many...

InAndOut, Inc.: Updating Job Descriptions for Better HRM

Introduction Human resource management is an organization’s function that entails all aspects that are associated with the workforce in a particular organization, company or institution. It entails aspects like recruitment, coordination, and control of the people working in an organization. Some of the issues linked with human resource management include...

PeopleWater Company and Corporate Social Responsibility

Corporate social responsibility (CRS) is considered to be a significant part of any business strategy. It is usually connected with “the establishment and operation of the value chain and with a clear, direct benefit for both the company and the community” (Urip, 2010, p.69). To succeed in business development, a...

Robert Nardelli Leadership Style

Introduction Business ethics covers various aspects of commercial enterprises. The concept deals with the responsibility of businesses to comply with legal, environmental, and socioeconomic requirements. It also deals with the responsibility of a business towards its employees, customers, partners, and the community. Businesses should promote ethical practices through their leaders,...

Shangri-La Hotels Company Management

Shangri-La Hotels and Resorts is a deluxe hotel chain that operates in Eastern Asia, the United States, Australia, and Europe. There are several competencies of this orthe ganization which need to be discussed. The main strength of this institution is its ability to take into account the cultural backgrounds of...

Enhancing the Decision Making Process to the Team: Goleman’s Leadership Styles

Leadership Styles Daniel Goleman conducted a research and noted six leadership styles. The styles identified were visionary, coaching, affiliative, democratic, pacesetting, coercive and pacesetting. The first four are dissonance styles while the last four are resonance style as the last four encourage listening while the others do not (Goleman, 2002)...

HR and Marketing Integration for Business Growth at Riordan Manufacturing

Introduction In response to the creation of a pay-for-performance plan for Riordan manufacturing company, this marketing strategy has analyzed the existing employee infrastructure and came up with an integrated plan stipulated hereunder. The considerations made during the plan formulation was the number of employees in the company and the incentives...

Consumerism in the Article “Why Stuff Is Not Salvation” by Anne Quinden

Introduction The process of creating an exposition can be compared to creating an artwork. It demands just as much inspiration and effort and takes nearly just as much time to come up with. There are certain rules for setting an exposition; however, breaking these rules does not mean devaluing the...

Ethical Concerns in Snapple Juice Marketing and Competition

Ethics in marketing Ethical concerns arising in the process of marketing Snapple Juices include deceptive advertising. In this case, the focus is the promotion of, consumer culture re which leads to consumers buying more of the product owing to impaired thinking. This kind of advertising is of benefit to the...

Sales Management Practices for Corporate Accounts in Banking

Nowadays, numerous bank institutions provide an option of opening corporate accounts. It creates a high competitiveness in this market and enforces the institutions to search for efficacious solutions aimed at providing the best service for their clients. Employing effective sales management practices in this area leads to great results and...

Supply Chain Influence: Understanding Logistics in Modern Business

Supply chains are becoming important parts of businesses as global companies seek to expand in this ever-changing and competitive world. The technological progress allows the designing, manufacturing, and delivering of new goods and services in improved ways. The change is fast and difficult to avoid given that new markets are...

JetBlue Airways Company Strategies

David Neeleman’s original strategic vision for JetBlue was to “bring humanity back to air travel.” This was through the provision of low price air travel service that is affordable to all combined with comfort, value, and quality of onboard services. His ideas mostly were from professional and personal experiences. With...

Google’s Success Story Analysis

Introduction Since its inception, Google has been able to achieve great things. It is ranked among the best companies to work for in the world. On the same note, Google has been consistently ranked among the top 100 companies in the world for quite several years. As far as information...

Daryl Kolendich’s Response to Workplace Harassment

The workplace is a network of people that all have different personalities and understanding of ethics. Some employees might behave and feel strongly about others and their actions, whereas individual people can be working alone without paying much attention to anyone else. Workplace harassment can be on many bases—gender, racial...

Attitudes Towards Information Technologies: Hiring Digital Natives

In his article, Lee Rainie discusses the challenges that modern employers may encounter when they need to hire young workers. The author argues that people, who are aged below 20, have different attitudes towards information technologies. In particular, they believe that the use of such tools should be an inseparable...

Professionalism Definition, Concept, and Major Determinants

Professionalism can be defined in the strict sense as the process of executing daily tasks in a specific, competent and accepted manner guided by the set standards (Freidson, 2005). The required standards are determined by one’s environment, self and career and set by other succeeding professionals who have been on...

Walmart Company Environmental Sustainability

All companies are trying to become more responsible as it helps them attract new customers. Walmart is one of the largest international retailers and it had a number of scandals in the past. People have accused the company of being irresponsible and unsustainable. However, the company stipulates that it is...

Financial Reports of KLM: Analyzing Performance and Economic Health

Executive Summary Purpose The purpose of this paper is to develop an in-depth analysis of financial reports for the Royal Dutch Airlines (KLM), the flag carrier of the Netherlands. The review will analyze the Company’s crucial financial statements and documents to determine its performance in the last three years. With...

Dell Computers Company Analysis

Michael Dell built a company from scratch. From his dorm room, he created a global business empire building upon a foundation that is unique in the computer world at that time: a build-to-order and sell-direct value chain. Most of the companies existing at t,hat time and even in the 21st...

Information Systems: Management and Success Factors

A system is a group of components that work together towards the accomplishment of specific goals. An information system, therefore, incorporates all data processed into information relevant to an organization that assists in achieving the set targets. Computerized information systems are in use in the modern world. Since technology is...

Subway: Leading the US Fast Food Industry with Diverse Menu Options

Subway is a restaurant which operates within the US restaurant industry. In its operation, the firm intends to be established as the best fast food restaurant in the US. Considering the exit distance of diversity in consumers’ tastes and preferences, the firm has diversified its menu by incorporating different diets....

Establishment of Ruth’s Chris Steak House in London

As evidently, known, Ruth’s Chris is an American entity that is going global in an endeavor to expand. Globalization will involve opening up branches he is in various countries. London is one of the lucrative cities due to its large population and tourist number. The company aims at making the...

Management Issues: Diversity in the Workplace

Introduction Today’s workplace is characterized by widespread diversity due to the high level of interaction between diverse people from all over the world. While the traditional workplace was homogenous, today’s workplace is likely to be made up of workers with differing cultural, ethnic, religious, and economic backgrounds. As we develop...

Snapple Juice Company Marketing Strategies

In terms of distribution infrastructure, the company owns over one hundred and seventy distribution centers within the U.S and twenty-three within Mexico with its warehouses operating within the proximity of the bottling plants. This in effect means that the company utilizes its network, convenience stores, and supermarkets for the purposes...

Captiva Conglomerate’s IT Challenges: Software Issues & Solutions

Major facts Captiva Conglomerate purchased a set of software solutions from an outside developer to improve its inventory management system. Preliminary tests have demonstrated these applications are not suitable for the needs of this enterprise. These applications are too difficult to use, and many of them do not correspond to...

Reliability and Character-Based Trust in Customer Service

To develop proper relationships with customers, companies have to create trust. Clearly, employees have to meet customers’ needs and provide all the necessary assistance and support. Services provided have to be timely or else the customer will address another company. Researchers note that reliability and character-based trust are essential for...

Ruth’s Chris Restaurants SWOT Analysis

Ruth’s Chris steak house is a worldwide series of chic restaurants. Diverse schedules have positioned Ruth’s Chris amid the greatest restaurants in the United States. The company runs in close to 80 places, together with four others in Mexico and around two in Taiwan. More than half of the restaurants...

Amazon Company’s Customer Service

Why Did Books and CDs Sell Successfully Online Immediately While Many Other Products Took Some Time to Sell Online? It is easier to sell such items and books and CDs online because these goods have fixed contents. If one goes to an e-store to purchase a book, they are likely...

The Impact of Humility and Leadership

The concept of humility has received mounting attention in organizational scholarship in the recent past, particularly in the wake of unprecedented corporate scandals that are often attributed to the unbridled personality, hubris, sense of entitlement and perceived self-importance of the corporate leaders involved (Owens, Johnson & Mitchell 1517). Although humility...

Ethical Dilemmas in Business: Core Questions and Industry Conduct Standards

Good morals are very crucial to the success of any organization. No individual, society or organization will attain its goals and objective if they do not adopt good behaviors. Most organizations have their code of conduct that defines ethical and unethical behaviors. However, it is important to note that there...

Management: Mass Customization Concept

Introduction In the current-day market, customers’ demands have shifted from general products and services to very specific products. Every other firm in the world is capitalizing in the manufacture of very specific and customer-tailored products. Manufacturers and providers capitalize on practical and very visionary practices. The premise in mass customization...

Gardena Flowers and Plants Trading: Dubai’s Premier Plant Nursery

Brief History Gardena Flowers and Plants Trading is an outdoor shop that specialises in the sale of plant nurseries, ceramic pots used to grow the plants, as well as outdoor deception materials used to beautify offices and homes. The company is ten months old having started in July, 2013. It...

Price Images and Consumer Behavior: Hamilton & Chernev

Description of the basic purpose/focus of the article and the research question addressed The basic research question in the article by Hamilton and Chernev (2013) is exploring how price images are formed and how they influence consumer behavior. The focus of the article is on addressing the anomaly found in...

International Business Machines Corporation Analysis

Introduction The International Business Machines (IBM) Corporation is a multinational corporation with branches in the US, Europe, and Africa. In 1911, Thomas Watson and Charles Ranlett Flint established the corporation in Endicott, New York, as a public company. Since then, several changes have taken place in the company’s organizational structure,...

Civil Aviation Authority’s Price Cap on Heathrow

The site at west London has been a point of controversy in regards to the cost charged to airlines that use the facility (Sky News par. 1). While the price cap instituted to the Heathrow airport operator may be justified in several ways, it is pertinent to mention that price...

Prejudice in Organizations: Understanding Rights and Procedures

Is prejudice declining in society and organizations? Prejudice is on an incline in the current organizations and society because people fail to understand their rights and lack a definite procedure to channel their problems. Basic knowledge of what a leader should do is essential for a country’s economy. In organizations,...

General Accounting Principles: International Financial Reporting Standards & Accounting Principles

Introduction The International Accounting Standards Board (IASB) is an independent committee of accounting experts who sets the standard of accounts as regulated by the International Financial Reporting Standard (IFRS). The board was formed to succeed the International Accounting Standards Committee (IASC) in 2001. The board has a task of constituting...

Nivea Company Consumers

People form a vital component in the product mix. They denote the consumers of Nivea’s array of cosmetic products. The entity has adopted a consumer-led approach. Hence, its policies in product development are channeled towards meeting the clients’ needs. Nivea consumers are diverse concerning their needs. Accordingly, they can be...

Effective Strategies for Motivating Employees in the Workplace

The major role of the head of sales and marketing of any company is to ensure customers are satisfied. When all the customer demands are met, and customers are fully satisfied, there is a likelihood of attracting more customers in the company hence expanding the business. In case the department...

Bagel Store Versus Subway

We face a new business threat from Subway’s entry of to our locality. The new Subway outlet is located on the same block as our Bagel store. This means that our regular clients will have the choice of either coming to our store or trying out the products offered by...

World-Class Business Strategies: Lessons from Industry Leaders

The business can be discussed as a world-class one when the company performs as a leader within the market and industry not only at the local but also at the global level. The examples of the world-class business are Ford Motor Company, Apple, Google, Boeing, Procter & Gamble, Coca-Cola, and...

Management: Power, Authority, and Influence

The source of power and authority within an organization depends on certain structural conditions. A form of “dependency” always exists in every company or organization. After taking the recommended test, I have observed that I am constantly “gaining power and information” at my workplace. I have always worked hard in...

Investing in Germany: Political and Legal Factors for Success

When engaging in international business, investors must comprehensively consider the political and legal factors existing in their preferred investment countries. These factors take a central stage since they directly affect the nature of investment and its performance in the state of preference. Political factors come in the form of unanticipated...

Jeep Company’s Marketing

Introduction Jeep is an automobile company, which was established in 1941 in the US. The firm is a subsidiary of Chrysler Group Limited Liability Company, which is owned by Fiat S.P.A and it is headquartered at Toledo, Ohio. Jeep has expanded its operations into the global market by establishing outlets...

Strategic Team Leadership: Key Principles for Success in Organizations

Evaluation of Team Members In order to be able to lead this team towards the desired success, it is important to understand the personality of every one of them in order to be able to know how to approach them on different issues. The first step in managing this group...

Web-Based Systems and Computer Services

Web-based systems for data storage, assessment, analysis, and further application have become rather common nowadays. More importantly, these systems can be used for both personal and professional purposes, which has opened a plethora of opportunities for business and entrepreneurs all over the world. However, defining the web service that provides...

Concepts of Management Principles

The success of any organization depends on the nature of management practices it adopts. It is never an easy task to meet all workers’ needs or desires; however if a management team formulates correct policies or strategies of management, then likelihoods of success are high. All management practices should fall,l...

Corporate Ethics: Concepts and Case Studies for Modern Business Practices

The Problem of Exploitation Many companies exploit their employees by paying them poorly. Some companies also fail to provide their employees with the best working conditions. The problems of exploitation and child labor are common in many countries. This situation explains why business firms should ensure every worker receives the...

Consumer Behavior and Marketing Strategies

Importance of Consumer Behavior Consumer behavior is very important to the administrators at Pretoria University who use the marketing concept in providing quality meals at affordable prices for the students (Peter & Olson, 2010). The most puzzling aspect of consumer behavior is its dynamism. It causes wastage of resources (Shankar...

American Airlines’ and US Airways Merger

Abstract Mergers and acquisitions are common business practices that have both benefits and disadvantages to the involving firms. Essentially mergers and acquisitions are often perceived as expansionist strategies employed by firms to ensure increased market share and capabilities. Firms merge and acquire others for various reasons. However, increased competencies and...

ECO-Trans Company Case: Project Management

Locating problems in a project management case is a challenging issue, as it presupposes that the case should be approached from a variety of angles, including the financial, the organizational, and the managerial ones (Grisham, 2011). The case of ECO-Trans and the lack of consistency in the leader’s actions, which...

Role of Marketing and Manufacturing Strategies in Business Success

Though the gap between the marketing approach adopted in a company and the production process that is viewed as the most adequate one in the same organization may seem rather large, the choice of a marketing strategy, in fact, defines the manufacturing one largely. The case study carried out by...

Google Company Workforce Diversity Policy

Google is one of the most famous multinationals in the world. It operates in over 50 countries worldwide (Google Inc, 2015). Google provides a wide range of products and services in the sphere of IT technology (including development of applications, devices and so on). The company was founded in 1998...

Advantages and Challenges of Green Supply Chain Management

Abstract Greening the supply chain refers to the inclusion of various innovative strategies aimed at reducing environmental pollution in the course carrying out the operations of a firm. It involves greening all the activities making up the supply chain. The process comprises four basics, viz. green purchasing, green manufacturing, green...

Workplace Skills for Managers and Employees: Boost Productivity

Navigating and facilitating change It is crucial for both managers and the rest of employees to master workplace skills in order to boost productivity. One of the vital skills is the ability to navigate and facilitate change process. Although the leadership of an organization is largely charged with the role...

Performance Metrics in China’s Supply Chain: An In-Depth Evaluation

Introduction In their article entitled, “Third-Party Logistics (3PL) and supply chain performance in the Chinese market: A conceptual framework,” Zhang and Okoroafo (2015) affirm that with the internationalization of business operations, competition amid different players has developed into rivalry amid supply chains. Though not explicit; the thesis of the authors...

Importance of Cultural Competence in Organizational Success

Introduction According to Community Tool Box (2014), culture refers to shared customs, traditions and way of doing things among the people affiliated to a particular group. A typical organizational setting consists of people from different cultural backgrounds, but sharing a common professional goal. Consequently, cultural competence provides a unique set...

Cultural Differences and Their Impacts on Business

Culture plays a critical role in ensuring the successful completion of business transactions. Understanding people’s ways of life in any market is the first step towards winning their hearts. The American business culture differs significantly from those of other major business partners, such as China, Africa, and Britain. This article...

Apac Company: Leading Paper & Package Distributor in Michigan & Ohio

Introduction Apac Company is one of the leading paper and package companies across the country. It is involved in the distribution of paper and janitorial products to wholesale consumers in Michigan and in some parts of Ohio (Ford and Park par. 1). It is important to indicate that the company’s...

Rising Fortunes of Superfine Wool Producers: Market Trends and Predictions

An overview of the article An article, Finally superfine wool pays by Sarina Locke highlights the rising fortunes of superfine wool producers because of good feed and great prices (Locke 2011). The indicators of the market have been good since 1988-89. These indicators are mainly for wool that makes “luxurious...

Google’s Dominance in EU Under Scrutiny

History Google is one of the most used search engines in the world. The company has gained global recognition for its good products, exemplary business model, growth of technology, and positive influence in the society. Google enjoys a lot of success and controls a sizeable share of the European market....

Hong Kong Global Business Cultural Analysis

Abstract Culture varies from one place to the next. The variation may be small or significantly large in some cases. Since culture has a great influence on various industries, businesspersons have to gain a good comprehension of the ways of life of a given place for them to visualize their...

Streamlining HR Processes with Effective Personnel Data Management Systems

Performing human resource management presupposes supervising a variety of processes that the members of the personnel in question are fully aware of their roles, responsibilities, and current tasks, as well as ready to strive for the common goal (Storey, 2014). Therefore, personnel administration can be deemed an important part of...

Big Data in Supply Chain Management

Introduction In the contemporary business world, supply chain management is an important part of business establishments since it helps to minimize cases of fraud and bribery. Integration of IT into supply chain management provides new techniques that are critical in limiting the rates of exposures to various risks. A considerable...

Prejudice and Discrimination: Understanding Their Impact

It is common for human beings to experience and practice prejudice and discrimination. Prejudice refers to the “the inflexible and irrational attitudes and opinions that are held by members of one group about another, while discrimination refers to behaviors that are directed towards another group” (Lang, 2006). Prejudice prompts individuals...

Global Logistics Performance Index: Evaluating Corporate Mechanisms

The measurement of an organization’s performance presupposes a thorough evaluation of the key components of the corporate mechanism, including both the internal (e.g., the workplace environment, the corporate ethics, etc.) and the external (i.e., the logistics processes, the international relations, etc.). The Global Logistics Performance Index (LPI), which measures six...

Organizational Burnout of Employees

Burnout is one of the major reasons for the high rate of turnover in organizations (Childs & Stoeber, 2012). Clearly, companies have to operate in the highly competitive business world in quite difficult conditions, since such resources as funds, technology, human resources and so on are quite scarce (Childs &...

The Rise and Fall of Eastman Kodak

Central Problems of the Case The major problems facing Eastman Kodak Co. can be traced back to the early 1970s. They emanate from the rapid changes in the market and industry conditions (Jones 464). Other issues are associated with the company’s management and organizational structures. Failure of Eastman Kodak Co....

Strategies for Sustainability: A Comprehensive Business Guide

Sustainability in Manufacturing and Product Design In the following chapter the author describes some main issues of sustainability in manufacturing and product design. The reasons and benefits of the implementation of sustainability in the working process of some great world companies are also described. The author gives a list of...

Under Armour Company’ Analysis and Strategic Alternatives

Current Situation History In 1996, Kevin Plank, a former football player from the University of Maryland, founded Under Armour (UA), to the world. Plank was disappointed because of the inability to find appropriate clothing for sportsmen under which accumulated sweat would not be a problem anymore. He used the recommendations...

Project Management: Key Tasks, Roles, and Responsibilities

Guiding the members of a project through multiple stages, identifying the key tasks and assigning the participants with the corresponding roles and responsibilities are rather challenging tasks. In order to qualify for a successful project manager, one must incorporate several crucial qualities and enhance the significance of certain concepts. Traditionally,...

Vendros Technology Negotiates Licensing with Netcom Brazil

Situational Overview Vendros Technology is in a negotiation with the Netcom Brazil with the intention of getting a licensing agreement. This proposal will assist the Vendros Technology as a guide to their actions in the next phase of resolving the above conflicts and emerge as the ultimate winner in the...

Organizational Change Capacity Concept

Navigating and Facilitating Change At workplace, change is not only necessary for organizational progress, but also inevitable bearing in mind that the prevailing external and internal environments keep on changing continuously. As such, changes must be implemented in a manner that does not disrupt and affect the smooth running of...

Under Armour Company’s Strategy for Increasing Sales

The company of “Under Armour” already sells its products not only via intermediaries but also by using direct to consumer (DTC) sales. We will argue that the company should use DTC sales more, despite some of their disadvantages, and that the most profitable way of DTC selling is Factory Houses....

Salix Company Strategy Analysis

Salix is a pharmaceutical company; it has a goal to provide gastroenterological medications of the best quality to the patients suffering from gastroenterological issues such as Crohn’s disease, inflamed or irritable bowel disease, ulcerative colitis, traveler’s diarrhea. The medications made by Salix are distributed to gastroenterologists and general practitioners. The...

Impact of Revealing Google’s Search Algorithm: A Market Analysis

Executive Summary Google is the most successful search engine in the global market currently. The firm has been able to achieve success because of its unique search engine algorithm and other unique factors. However, the demand by the German government that it should reveal its search engine algorithm may have...

Strategic Plan of Vietnam Business Evaluation

Background Information History Vietnam is a communist state with descendants from China and Indonesia. Notable historical experiences include the Vietnam War and the involvement of the US. Vietnam has engaged in several wars with its neighbors over border disputes. Over the years, the country’s relationship with the US has improved...

Wolf Motors Supplier Relationship Restructure: Urgent Need for Change

Recommendations There is urgent need for Wolf Motors to restructure its supplier relationship process. To begin with, the management at Wolf Motors should strive to offer a large selection of automobile parts to customers. This implies that the automobile company should seek additional supplier sources for vehicle parts that are...

Pet’s Parks and Hotels Business Proposal

Executive Summary The new business will appeal to travelers who consider pets as a part of their families and would like to present gifts to them after being away. It will exploit opportunities emerging from new regulations that require hotels to have pet parks and the need to present gifts...

Leadership Qualities That Determine Their Levels of Success

Leadership refers to the process of influencing people in order to achieve certain goals and objectives. Leaders posses certain qualities and skills that determine their levels of success. Also, they adopt different styles depending on their goals and personality traits. Examples of leadership styles include narcissistic leadership, laissez-faire leadership, toxic...

The New Spirit of Capitalism: Wealth and Resource Utilization

Introduction Boltanski & Chiapello in their book “The New Spirit of Capitalism” (page 47) note that wealth created by one person is wealth to the society in general. They are of the opinion that if theft is not used, then an individual should be left to accumulate wealth. This is...

The Commonly Used Expatriate Compensation Strategies

Introduction Globalization is gaining more and more impact on institutions ranging from small companies to multinational corporations. The shrinking of international boundaries among enterprises and their markets has made it necessary for institutions to come up with the possible strategies for dealing with the demands of such diversification. The element...

Cover Letter for Job

I would like to apply for a position of assistant/apprentice hairdresser in your salon. I have chosen your salon because I recognize and appreciate the magnificent and trendy hairstyles your company offers to its customers and would be so proud to be part of your zealous team. I have recently...

Impact of Dodd-Frank Act on Financial Institutions

Introduction Passed by the Congress on June 30, 2010, Dodd-Frank Wall Street reform is a landmark legislative alteration to financial supervision which was signed into law by President Barack Obama on the 21st of July, 2010 (Paletta). It is expected to address various system loopholes and weaknesses which have contributed...

How TNCs Align Their Business Interests Globally

TNCs operate in more than one country and manage production in the foreign nations, or host countries, whereas their management headquarters are situated in one country, referred to as the home country. A TNC, however, fails to identify with one home through employing senior executives from varying nations and decides...

Michelin’s New Pilot Super Sport Tires: A Game Changer

Introduction In this paper we will analyze trade mark Michelin, its new product and will talk about the effectiveness of the advertising campaign. Michelin is considered to be one of the leading tire manufacturing companies in the world. There is no doubt that this market is quite competitive and in...

Boosting Performance: The Role of Payment Incentives in Organizations

Introduction Pay incentive is a motivational feature that could be awarded in both monetary and non-monetary form and is used for the purposes of encouraging staff and employees to achieve the targets set in the workplace. As the business environment becomes more and more competitive, higher goals are being set...

US Subprime Mortgage Crisis: Global Impact and Risk Management

The US subprime mortgage has not only had an affect in the USA but also has spread across the globe. Thus, the direct risk exposure has spread well beyond the USA to Asian and European market. It has become essential to adapt a dynamic risk management tool to contain credit...

Comparing Saudi Arabia and USA Budgets: Key Insights

The comparison of budgets of the two super states may be essential for further evaluation of financial potentials of both countries. The paper is claimed to evaluate and compare the budgets of Saudi Arabia and the United States of America. In the year 2007, Saudi Arabia anticipated a budget shortage....

Domino’s Pizza Company’s Success

Domino’s pizza has dominated both the United States’ market and the international market in manufacturing pizzas since starting its operations in 1960. It has a vision that targets to absorb brilliant people to assist in achieving the mission of producing and delivering the best pizzas. The company has chains of...

New Business Ventures: Overcoming Capital and Team Challenges

Starting new business ventures is not always problematic. Nevertheless, new enterprises present challenges that are significantly different from those of established corporations (Longenecker, Petty & Palich, 2011, p. 31). The complexity of a new venture and the entrepreneur’s preparedness to meet the demands of the new business determine the severity...

Seven Strategies for Seeking Help When Starting a Business

Most small business directors tend to believe that the best way to generate their business is to find help from the Government. It is true that this structure should be responsible for finding innovative and effective ways of making small businesses in the UK competitive and able to live among...

Employee Motivational Techniques

Motivation refers to a condition that energizes and directs towards goal-oriented behavior (Baldwin & Migneate, 1996). Motivation is used at the workplace to attract individuals to the company as well as retain them there. This is done by applying principles such as total quality management, meritocracy, team building, performance contracting,...

Business Management: Cross-Training Theory

Introduction To optimize productivity benefits, businesses today are cross-training their employees to leap the economies of scale that come with such strategies. Cross-training refers to the coaching of employees in a variety of skills and responsibilities in various tasks so as to improve their effectiveness in the performance of their...

Corporate Social Responsibility and Ethics: Upgrading Values in Business

The business realm has always been famous for its competitive and uncompromising environment, as well as the unethical avenues that some businessmen undertake in order to profit within the shortest amount of time. However, in the XXI century, with the advent of corporate social responsibility (Hanson, 2010, October 1), the...

The Evolution of the Regulatory Framework in the US: Historical and Current Perspectives

Introduction The development of accounting frameworks in any country is part of its evolution process over the years. New vistas of development bring in mandatory modifications into the existing framework. As the entire economic process of a country is dependent upon its financial regulatory structures, the accounting framework is bound...

Overcoming Resistance to Change in the Workplace

In the essay, you will find a discussion of the challenges and strategies for overcoming resistance to change in the workplace. Drawing from personal experiences and research, the paper explores the various reasons behind resistance to change and offers practical advice on how to cope with change and adapt to...

U.S. Monetary and Fiscal Policy: Strategies and Economic Implications

Introduction The government of the US plays a significant role in the American economy, which is the backbone of the country’s success and also has a role in the control of firms in the industry so as to check on the supply and pricing of commodities. It is responsible for...

Marketing, Social Responsibility, and Legal Compliance: Essential Insights

The new deodorant product that our company intends to introduce into the retail chain could present great opportunities for our company. This calls for proper and effective marketing of the deodorant. While doing this, we need to consider ethical and legal issues that may arise of which I have researched...