11418 samples of this type
Introduction According to Matt (2012), Indiana is one of the states in the U.S., established in 1816. The state covers 94,321square kilometers. It borders Michigan to the north, Ohio to the east, and Illinois to the west. Indiana ranks position 15 of the most populated states in the United States....
The Organization of Petroleum Exporting Countries (OPEC) was founded in 1960 as a cartel of the world’s biggest oil suppliers to help them to control the oil price and their own share and profit (Mankiw, 2014, p. 356). Nowadays the organization consists of 12 countries: “Algeria, Angola, Ecuador, Iran, Iraq,...
Introduction Recently, long term planning in most organizations has formed quite a significant part of strategic management, thus implying the uniqueness in approach that is being applied to management. Practically speaking, strategy formulation is usually interlinked with the organization’s goals or objectives. In addition, the strategy development should be coupled...
Introduction The activities of various firms and businesses translate to a myriad of environmental issues. The responsibility of companies and businesses towards the environment is continually emphasized through care for the natural environment (Gomes, Scherer, Gonçalves, Neto & Kruglianskas 2013). As a result, many firms are taking up environmental sustainability...
Introduction Thesis Amazon should establish cargo facilities in Beijing, New Delhi, and Munich and introduce the prime delivery service in these regions, which will require a sound strategy with the focus on effective information systems (IS), human resource management (health risks) and urban pressures in the areas discussed. Changes in...
The issue of sustainability has become a major concern of businesses and consumers over the last decade. The awareness about the sociological, institutional, and economic aspects of the country’s environmental impact is a part of today’s political agenda. A broad range of measures must be taken to ensure that businesses...
Standards and Procedures Ethical behavior is very important in ensuring that Company X is successful in its normal operations. In this section of the ethics program, it is important to understand some of the applicable standards and procedures that define how individual employee should behave. This section would identify some...
Introduction Business firms have the moral obligation to ensure that they deliver quality and quantity goods to their customers. However, there have been several cases about the operation of firms, where firms sway from this moral duty by way of concentrating on maximizing profits rather than balancing between profits and...
Abstract Academics and professionals have recognized the importance of family-controlled firms in global economies. Some findings illustrate that such businesses make major contributions to owners and shareholders. However, family-owned firms have presented corporate governance and sustainability challenges, as well as opportunities not witnessed in other companies in which ownership tends...
Abstract This paper indicates that the use of modern technologies in supply chain can result in preparedness against various risks. However, ICT supply chains are promote to cyber risks that can disorient the business model of the affected company. The discussion encourages companies to form Supply Chain Risk Councils (SCRCs)...
Abstract The correlational study made use of a quantitative research design to evaluate the perceptions of employees towards CSR programs in Thailand. A descriptive survey approach was utilized in this particular research. The study had been informed by several intricate factors; key among them the fact that ethical concern and...
Introduction A presented case enlightens a situation with a changed reward strategy at Charlie’s Spot-Out Company. William, a parts washer, was working relatively slow, especially in low periods when there was a relatively small amount of work. Therefore, Charlie implemented a new reward incentive paying per item washed instead of...
Introduction Cultural distance influences the efficacy of management approaches in different cultures. The differences affect aspects such as negotiations and conflict resolution, which form part of business processes such as mergers and acquisitions, and labor negotiations (Metcalf, Bird, Peterson, Shankarmahesh & Lituchy, 2007). This paper evaluates the differences in culture...
Introduction Research writing in management is important. It is essential to master the methods and skills of doing research. In the essay, there are two parts, with the first part being an analysis of research in one of the major management sectors. In this first part, I analyze one of...
Introduction Organizations today strive to etch a commanding global presence. Many of the multinational companies, though having significant global presence, are not equally aggressive in their global strategy. Globalization today has become a necessity for sustenance for most organizations and firms strive to fulfill this obligation. The effectiveness of management...
Introduction and Core Issues Charles I had established a company called The Post Office in 1635 which grew since then to a very wide company, but later in the 90’s it broke off into two segments; one that handled the post and one that handled the media. In 2002, The...
Introduction Electronic Commerce popularly known as e-commerce refers to commercial transactions performed online via electronic means. They involve the use of computers and the internet to serve business entities and customers (Qin, 2009, p. 7). E-commerce has grown tremendously over the years due to the widespread usage of the internet....
Abstract The culture of an organization can determine the positive or negative development in the organization. Leadership promotes ethics and determines how culture is formed and maintained in an organization. Personal characteristics of leaders also play a significant role in organizational culture. Good leaders ought to have flexibility and adaptability...
Introduction Easycut hair salon has just been opened in a small country town. In order for the owner to realize the full potential of her business, a marketing plan will be required. The plan will detail the steps that are to be followed if the business is to be successful....
Introduction This report is aimed at discussing the branding strategy of British Airways. This organization was founded in 1972, and since that time, it has become one of the largest airlines in the world (Woodley 2006, p. 156). This company serves the destinations that are located in six continents. Overall,...
This paper aims to thoroughly discuss and analyze 2 of the Middle East’s biggest players in the oil and gas industry. Lamprell and National Oilwell Verco’s operations will be one of the main topics together with the challenges both companies face in the ever-changing marketplace. Another topic that will be...
History of Dubai The economy was initially based on pearl-fishing until oil was discovered about 50 years ago. The economy became heavily reliant on oil that was discovered in various islands, and given the ready market in the world, the country’s economy was boosted. However, this did not last forever....
Differences between supply chain management and logistics Marketing is one of the most significant functions in any business organization. Marketing has a significant impact on the success of a business (Horch, 2009). Marketing involves a number of activities. Among the activities are the supply chain management (SCM) and logistics. The...
Summary The article “Disney and Other Companies, CFOs Help Drive Sustainability” delves into the subject of corporate sustainability practices and how they are increasingly becoming intertwined with new operational initiatives in creating a means by which factories and supply chains operate in a sustainable manner. Jay Rasulo, the chief financial...
The chapter Critics of Business of the book Business, Government, and Society: A Managerial Perspective discusses the emergence and development of the concept of business criticism from medieval times to the present. The concept of business criticism originated from the belief that businesses were established with the main aim of...
Introduction Business ethics is an aspect for consideration when determining the level of business success. Businesses implement codes of ethics in order to promote honesty, integrity, and organizational success (Lawrence & Weber, 2014). Despite the existence of codes of ethics, many businesses fail due to unethical business practices that violate...
Summary of the Chapter The Dynamic Environment The chapter The Dynamic Environment of the book Business, Government and Society begins by examining the business of Royal Dutch Shell PLC. The example of this oil company offers a wide picture of the challenges arising from the industrial revolution. The case highlights...
The main lessons learnt from the Aramex approach to sustainability and strategic CSR are related to the Aramex’s success proving the fact that efficient investment in sustainable CSR gives numerous benefits to the business (“About Aramex” par. 10). The significant role of innovative CSR and sustainability initiatives can be determined...
One of the outstanding functions of a leader is to create a vision for his or her organization. It is necessary to have a vision in order to ensure an organization realizes its goals. Every individual in an organization can create “a concrete mechanism for examining and verifying the successful...
Introduction Change is intertwined into professional and personal components of lives. It has the ability to steadily occur within the environment mankind dwells in and even beyond. This reflective treatise attempts to explicitly review the successful and unsuccessful organizational changes in relation to models and philosophies of change management. Besides,...
Company Introduction: General Profile In this paper, the analysis of the Canadian export corporation, which is called Arconas, is sustained. The official Internet page, which contains the detailed overview of the company operations, is the following link www.arconas.com. The business direction, which is embraced by Arconas, concerns the production of...
Background Public sector organisations adopt change to ensure that service delivery to their clients is done at a reduced cost. Zhou and Tse (2006) assert that profit-making organisations, which are reluctant to embrace change, risk losing their competitive edge. Hence, they fail to realise the needs of their clients. In...
Executive Summary This report delves into the extensive differences between the U.S. and Japan and attempts to explain the inherent difficulties most Americans would experience in attempting to setup a new business in Japan. Through this report, readers will be able to develop a better understanding of the strangeness of...
Introduction British Petroleum (BP) is a multinational company that deals with gas, crude oil, and petroleum products (Frerrier, 2010). Its headquarters are in London. According to statistics, BP is among the largest energy companies based on market capitalization. Based on annual income, it was named the fifth-largest company in the...
Introduction Our construction company has been tasked with the responsibility of constructing the tallest skyscraper in the globe to be based in Rio de Janeiro. Dubai will finance the project, China will provide the raw materials, and management of the project shall be from the United States. On the other...
Introduction In the recent past, the number of students enrolling at institutions of higher learning has dramatically increased in line with the shifting expectations in the job market. However, of concern is the fact that many of these students enroll into disciplines and courses they have scant information about, leading...
The process of building and managing collaborative teams is often difficult because of the necessity to apply the persons’ skills and goals to complete the collective task. To understand the factors which can lead to building ineffective teams, it is necessary to focus on the discussion of the case “Two...
Background Wal-Mart is an American international retail company that operates chains high-discount warehouse stores and departmental stores. The corporation has been ranked first among public corporations in the whole world. The Walton family owns over 48% of its stake, making them the major shareholders of the company. Wal-Mart owns 8,500...
Summary of the Main Issue The Microsoft Corporation is a well-known tech company that hires employees from different parts of the world and provides the best ideas in the constantly changing technological world. However, despite its current success, the company faces a number of cases of employment discrimination. For example,...
The European and North American transport systems present a mix of similarities and difference. The author must have found it necessary and therefore compelled to compare these two regions because they are among the key global transport powerhouses in regards freight transportation. The regions have been used to offer the...
Reflecting on the success of Vivek Gupta, the IBM salesman, chapter nineteen, discusses personal selling and sales management strategies. Over the years, personal selling has become a lucrative career since salespersons often add value to a product or the selling process (Grewal & Levy, 2011). In the concept of value...
Businesses use few funds advertising over the internet through websites as compared to other forms of advertisements thereby making website adverts economical for corporations. The content of the advert is also accessible for a longer period and can be viewed by a bigger audience can be reached within the shortest...
Executive Summary This report delves into the extensive differences between the U.S. and China and attempts to explain the inherent difficulties most Americans would experience in attempting to setup a new business in China. Through this report, readers will be able to develop a better understanding of the strangeness of...
Executive Summary The need for a geographical business growth informs the adoption of a market dominance strategy by Prius Electronics. The transition in the management of this family-owned enterprise has necessitated the deepening of its hold on the high-end market. The approach relies on the spending power of the said...
In the present-day world, nearly all business theorists seem to have agreed upon the fact that the right use of information that the entrepreneur in question has at his/her disposal makes a pivoting point in the development of private entrepreneurship. However, the so-called informational systems need a very delicate treatment....
Purpose The Oasis Company created by a friend of mine has been in business for quite a while (since the 1990s), although it has never gained a large recognition. Belonging to the pleiad of the UAE small businesses, the entrepreneurship has never grown to the nationwide level, not to mention...
SMART Corporation’s original structure SMART Corporation is one of the leading public transport companies in Singapore. The firm has registered massive success over the past decade through its unique management strategies. The structural frame is one of the four distinctive lenses from which a person can view a firm based...
Introduction HMV or ‘His Master’s Voice’ as it is commonly known, is a British company engaged in the entertainment (music and movies) business. The company was started by Sir Edward Elgar in 1921 when the first HMV store was started at 363, Oxford Street, London (BBC News 2013). The logo...
Reading summary Xerox was once a well-performing company in the marketplace. The company went through a difficult financial time before the end of the 1990s. It plunged into bankruptcy. To begin with, the Securities and Exchange Commission investigated the accounting practices of the company (Grewal & Levy, 2012). Several cost-cutting...
There are two major ways to approach a job: task- and worker-oriented. The first method implies the focus on tasks completed and tools used, whereas the second method concentrates on features a worker has to have to complete the job effectively. It is important to employ a combination of these...
Introduction The rapid growth of Web Reservations International (WRI) can be viewed as an example of how technologies can transform a certain area of economic activities. In this case, one should speak about the budget youth and independent travel market which passes through the period of rapid development (Savills World...
Companies use critical and creative advertisements to influence the perception of the targeted clients through consistency in appeal to emotion, credibility, and logic. Primarily, the Hardees Restaurant has creatively used the element of sex appeal to advertising its Buffalo blue cheese burger through a renowned celebrity. Through the use of...
Abstract On February 6th, 2014, the Board of Directors of Crumbs Bakery requested the head of the Procurement and Budgeting Board to conduct a feasibility study about alternative sources of energy that would help the company to reduce its costs. I was chosen as the best qualified applicant to prepare...
Introduction There are four characteristics that are in demand within a technology oriented enterprise, namely: high market responsiveness, fast developments, low cost, and finally high levels of creativity, innovation and efficiency. What must be understood though is that such characteristics are dependent upon the type of technical teams that are...
Introduction The contemporary world is dominated by technological innovations, which have led to introduction of sophisticated electronic goods. At present, many individuals are seeking technological solutions to their social and economic challenges. For example, there is a high demand for reliable and cheap communication systems. Indeed, many companies and individuals...
The only element within the marketing mix that does not generate cost is pricing. The latter generates revenue. Since the generations of revenue and profit maximization are the key goals of any business establishment, it is important to devise the most effective pricing strategies (Grewal & Levy, 2012). There are...
Observables artifacts, espoused values, and basic assumptions for the firms General electric is a company that is focused on the management of time. Time management is applied at different levels starting with an individual employee who should be at the right place at the right time. Through the management of...
Maintaining high-quality standards is a challenging yet essential goal to pursue for every company operating in the global economy realm. With the advance of the production technologies, the quality standards have been upgraded, as well; therefore, the need to incorporate an all-embracive approach for quality management emerged. At present, the...
Introduction It is imperative to note that the understanding of the concepts related to small groups is vital for every professional in this area. Such knowledge can be utilized to improve team dynamics and the efficiency of operations. It is important to note that a broad range of theories and...
Identifying the problems that a company may face in the environment of the global economy is essential for developing a sustainable approach and becoming successful in the target market. The specified task is especially complicated for Indian organizations, which have to manage a variety of unique obstacles that the Indian...
Achieving popularity among readers is not an easy task for publishers. Avelino and Matthews managed to found a unique comic book and graphic novel publisher Secret Acres. Analyzing the possible methods of increasing the demand for the production of Secret Acres and considering the effectiveness of using distribution through e-readers...
Creating and Managing Organizational Culture Organizational culture and structure are in tight connection. These two aspects of the organization tend to impact each other quite a lot. In the contemporary business world, the management system and structure of a company determine the inner relationships, communication, attitudes, and general atmosphere. Organizational...
General Issues The phenomenon of a competitive bid is quite common in the global market as well as in local ones. Typically defined as the situation, in which the issuer chooses from a range of bids submitted by the companies applying for a deal (Harding, 2015), the specified phenomenon allows...
What are the key challenges to be addressed by CEO Tom Morris and his management team at BrandMaker? There are quite several challenges facing the operations of BrandMaker. Some of these challenges are emanating from the internal operations of the company, although most of them are external. It is vital...
Bureaucracy is a form of “organizational structure,” which helps to organize people working in large companies (Jones 137). It is necessary to add that the system is quite effective as a specific structure is formed, and employees know their responsibilities. However, bureaucracy can also lead to numerous issues in an...
As the powers of the federal and state governments overlap (Nelson, 2000, p.225), the preemption issue is regarded as one of the most important and debatable ones. Deborah Ballam investigated the history of attitudes to preemption in the United States and The Occupational Safety and Health Act (OSHA) and its...
Founded in 1987, the Black Coalition for AIDS Prevention (Black CAP) is a non-profit community-based that relies on volunteers to achieve its strategic objectives (Black Coalition for AIDS Prevention 2014). The Black CAP is a community-driven organisation whose mission is to “reduce the spread of HIV infection within Toronto’s Black...
Abstract The paper reports on findings of the following research questions. How do threats to the economy like terrorism and financial crisis affect growth and development of the transport and logistics sector? How does the transport and logistics sector management help in correcting negative economic growth? What are the main...
Email marketing, ubiquitous for everything from businesses, to charities, to political advocacy groups, has powerful potential to build customer or audience awareness and loyalty. However, there are some distressingly common errors, in using this tool, all of which are largely preventable. Are you segmenting your email list? Email, unlike many...
The ethical theory promotes the application of moral practices in every business process. The ethical theory supports different concepts such as “corporate social responsibility, fair remuneration, and equality” (Walker & Deaval, 2012, p. 17). Spaho (2013) believes strongly that “moral standards should be taken seriously in every business organization” (p....
Abstract Leadership is a multi-disciplinary concept that requires a person to make sacrifices to attain the desired results. A leader’s ability to influence and inspire people working under him determines the level of success he is likely to attain in an organization. It is important for a leader to understand...
Performance Analysis SWOT Analysis Strengths The only company in the northwest territories. First company in the northern region. Positive reputation. Strong domestic marketing. Can fix costs in the market. Weaknesses Poor management. Less focus on customer satisfaction. Unorganized. Harsh weather conditions. Remote areas (Hard to reach most areas). Opportunities Very...
Introduction The success of every business depends on its ability to generate profits and, equally importantly, continuously grow and expand its operations. Coffee Connection, a small enterprise located in the Midwest, is rather well-positioned to create value both for its customers and its stakeholders. Nevertheless, there are always opportunities for...
Introduction Motivation refers to the internal and external factors that encourage an employee to perform assigned tasks or achieve set goals and objectives (Robbins & Jugde, 2015). Both the conscious and the unconscious factors interact to form motivation. Such factors include need intensity, goal reward value, employee expectations, as well...
Manufacturing Strategy of Riordan First and foremost, it should be noted that Riordan is primarily a business to business manufacturing company. Some of the company’s clients include appliance manufacturers (i.e. Carrier, Samsung, etc.) aircraft manufacturers (i.e. Boeing), as well as car companies (ex: Ford Motors) and even beverage producers. Based...
The firm is carrying out the process of downsizing. Downsizing involves the reduction of the labour force. This process may involve temporary suspension or conclusive termination of an employment contract for business and strategic reasons (Cummings and Worley, 2014, p. 359). The management prefers downsizing as one of the turn-around...
Introduction There is no use denying the fact that money has always been the main remedy which guaranteed existence of society and relations between different manufacturers. Being taken as the criterion according to which the value of a certain product can be determined, it helped people to from their system...
Assessing the success of logistics operations carried out by an organization in the environment of a global economy is a challenging task, primarily, because of the number of factors to be taken into account. Apart from being divided into inbound and outbound, the logistics processes occurring in an organization include...
The change of the strategy of the large firm can be rather a challenge for leaders. The terrorist attacks on September 11, 2001, negatively influenced the general performance of many companies. The following economic downturn became inevitable. As a result, many firms had to alter their business strategy. A full-service...
Summary The article under discussion is devoted to the analysis of the strategies aimed at assisting clients in returning to work. According to the article, Americans with Disabilities Act (ADA) has formulated a series of offers that are intended to help clients in rehabilitative care to return previous place work...
Being an efficient human resource manager is not an easy task, given the fact that a true HR specialist must not only make choices regarding candidates employment and responsibilities distribution, but also concerning the strategies for employees’ skills training, as well as possible strategies of shaping organizational behavior (York 308)....
The model of leadership that is described in the story about Andes survivors raises numerous controversies. Specifically, the propriety of corpse consummation, as well as unequal distribution of supplies between the members of the expedition, is often questioned. The modern leadership theories can verify the survivors’ actions, according to particular...
Introduction Corporate social responsibility is becoming increasingly important in the modern society where companies are under pressure to give back to the society. According to Soule (2010), companies get all they need from the society in terms of customers, employees, security, and research services among others. It is only fair...
Living in the XXI century means being a member of the information society. The latter, in its turn, entails the necessity to acquire skills for the efficient use of modern information systems. Seeing how the skills above are important even for an individual, in the context of entrepreneurial operations, information...
Although the importance of teamwork has been well documented in management literature, many organizations are yet to achieve the positive outcomes associated with it due to their incapacity to form and foster effective teams (Crother-Laurin, 2006; Jasawalla & Sashittal, 2000). In this paper, I aim to not only analyze the...
Company’s background Delta Airlines Inc. is one of the oldest operating airlines in America. The corporation’s history indicates that it was established in the year 1924 in Macon, Georgia (Jones, 2013). Currently, the company is one of the fastest growing global airlines. Recent data indicate that the airline is a...
Introduction and Company Background Though often underrated, the toy industry has been striving in the global economy environment surprisingly well, and Mattel, Inc. is a graphic example of the phenomenon under analysis. Founded in 1945 by Harold Mattson and Elliot Hardner (Mattel history 2015), the organisation has grown into a...
Quality is one of the most important characteristics of a product, as well as the performance of the staff. No matter how well known a company is and what incredibly expensive source materials it may use to develop its product, once the quality of the goods is deplorable, a firm...
Changing Decision Making and Introduction of New Products at Nike Nike’s downfall started when the managers developed the feeling that their decisions were final and correct with regards to the operations of the company. However, deteriorations in market performance forced the management to acknowledge the need to change how decisions...
Strategic planning to enable Banner Healthcare to serve citizens in the next decade Banner Healthcare is a health care facility in the United States of America. It is located in Phoenix, Arizona and operates over 25 hospitals across the country. It also operates several specialized facilities in the U.S. Banner...
In the recent past, ethical lapses in the practice of business, ranging from Enron to the Lehman Brothers debacles, have once again refocused the attention of scholars and practitioners to a contemplation of ethics and the moral dilemmas employees face in the context of modern capitalism (Fang, 2006). Scholars have...
While being a seemingly simple concept, the phenomenon of operations management implies that a range of complex tasks including the internal (teamwork, production, etc.) and the external (outbound logistics customer relationships, etc.) ones should be carried out. The course, therefore, has served as a real eye-opener in terms of what...
To be represented in the global market and attain impressive success, a company needs to make sure that the quality of its services is top-notch. However, when growing increasingly large and entering a big number of markets, an organization may lose the track of some of its vital processes. To...
I am a member of an organization called Children Centre for Development. It is based in Chicago. I am engaged as a social worker on a part-time basis. In the course of my duties, I have come to appreciate the fact that McGregor’s theories of management can be used to...
Introduction In his article titled “How to Manage Radical Innovation,” Robert Stringer focuses on identifying factors that hinder radical innovation in large organizations, issues that make small companies become a major source of the most radical innovations, and the actions to be done to stimulate and manage innovation in large...
Quality management remains one of the crucial aspects of any company’s operations. Because of the need to comply with the increasingly high demands of the target clientele, companies have to incorporate intricate quality management approaches into their framework, and Six Sigma is one of them. Although meeting the standards of...
Introducing changes to an organization is always a challenging task. Even in case the smallest details have to be altered, the entire system has to be shaped so that the alterations in question could lead to an improvement instead of harming the firm. The situation in Mittra’s organization, the case...
The issues related to climate change have attracted a lot of attention and have become a part of the agenda of socially responsible companies. Thus, many companies tend to implement research on development of ways to reduce negative impacts of industries on the environment (Where do companies stand on responsible...
Being efficient in the global economy environment is an extraordinarily complicated task, mostly because of the difficulties related to the design and development of a global supply chain. Presupposing that the essential transactions should occur within a comparatively short amount of time and at impressive distances from the company’s headquarters,...
Six Characteristics First of all, any negotiation situation has two or more sides involved. Second, needs and desires of the parties may not match at all or the sides may pursue absolutely opposite final goals (Introduction to Negotiation, 2010). Third, negotiations may happen voluntarily which means that the parties are...
Developing an elaborate cost management strategy is an essential requirement of any project, as it allows identifying possible issues in resource allocation and prevents the organization from losing significant amounts of money. However, even once a seemingly impeccable cost strategy is created, one must take the possibility of extra expenses...
Introduction The American auto industry has suffered a severe drought in terms of sales and production over a period of time. In particular, several reasons have contributed to the program. The Detroit auto sale economy is one of the hardest hit. First, it is worth noting that the emergence of...
Introduction The quick development of various technologies and the establishment of open world trade regimes have changed the face of modern business (Teece 2010). Modern customers have more choices based on the easy access to alternatives to any product (Teece 2010). The supermarket industry is one of the most competitive...
Synopsis Panera Bread Company derived from a business that is known as the predecessor of fast casual restaurants and a pioneer of the industry called Au Bon Pain. This business began by a French oven manufacturer in 1976 as a bakery business. Soon, this business was purchased by Louis Kane...
Evaluating the quality of the products released by the company is part and parcel of its existence. Unless a set of efficient quality assessment tools is introduced into the company’s framework of operations, the target customers are most likely to abandon the firm and move on to another organization. However,...
Introduction: Concerning the IT Industry: The Things One Needs to Know It goes without saying that informational technologies, or IT, have become one of the leading industries in the world over the past few years. The given report focuses on the IT industry, namely, its role in the modern world,...
Summary of the Article According to the article “Open Mobile Moves its PR Call Center to DR,” many foreign companies have decided to outsource their services. The article also explains why several companies are hiring employees from different countries to work in their call centers (“Open Mobile Moves its PR”...
Executive Summary Burger Hut is a small company, yet it is striving to enter the global economy environment and operate in the world market. While the entrepreneurship is likely to face rather tough competition with the companies such as McDonald’s, KFC, Burger King, etc., operating in the same market, it...
Introduction Employees form a very important component of an organization, and their output directly reflects the overall performance of an organization. A team of employees who are dedicated to their work will always help a firm achieve its vision within a reasonable duration. However, sometimes employees may fail to act...
Introduction The US economy has been recovering from a recession crisis, and its logistics and transportation management sectors have shaped up to new realities. Other than subtle economic variations, recessions and subsequent upturns present opportunities for reviewing management practices. This paper reveals some of the considerations and changes that management...
Does Walmart Stores organization do business with sustainability and the global village in mind? Working in the realm of global economy is a rather difficult task, as it requires not only meeting the existing technology and quality standards, but also complying with a set of principles for sustaining environmental safety....
Abstract This paper focuses on the Management Information Systems (MIS) of two companies namely the Citibank International and Qatar Airways. The paper provides an analysis of each company’s hardware and software components in line with the organizational applications of each element. In this context, one organization uses the Information Systems...
Introduction Diversity management is a crucial human resource management practice that encourages mutual productivity and a socially interactive working environment for workers and managers within an organisation. The purpose of managing diversity is to optimise the work environment by acquainting employees with essential trainings that address knowledge-sharing, values, and experiences...
Introduction Globalization has dramatically changed the way multinational companies view incentive as a means of increasing competitiveness in different industries. Multinational companies have now chosen to implement best practices in order to gain competitive advantage over their main competitors in the industry. A comprehensive best practice must take into account...
Globalization has given firms across the globe the opportunity to reach clients in any part of the world. However, with this opportunity comes stiff competition from other firms across the globe. A case in point is the Intel Corporation. In the last decade, the firm has faced stiff competition from...
Wheatgrass Smoothie Production: Business Concept Wheatgrass smoothie marketing is based on the promotion of healthy lifestyle tendencies among customers. Therefore, the product belongs to the category of drinks that target a wide social group. The industry that launches wheatgrass smoothie sales has to account for several crucial factors. First, the...
Technology has changed the way people do things in a lot of ways. Businesses across the world have been on the forefront in promoting the growth of technology by integrating various innovations within their operations (Smyth, 2008). Some of the notable developments that have had a lot of influence on...
Introduction PharmaCARE is one of the leading pharmaceutical companies in the world, which has made a significant contribution to the development of drugs and treatment of diseases. The health care system, insurance companies, private healthcare centers, and regulatory bodies such as the Food and Drug Administration view PharmaCARE as a...
The purpose of the Consortium for Research on Emotional Intelligence is to generate and exchange knowledge on emotional as well as social intelligence in organizations. The Consortium has numerous members who have implemented extensive research in the field. These researchers are advancing the practice (and research) of emotional intelligence in...
Workhorse Group Inc. is a company that designs and produces electric battery power trains, as well as truck chassis. While its main administrative, research, and developmental offices are located in Ohio, the plant producing medium-duty truck chassis, which is to be discussed in this paper is situated in Union City,...
Today, in the 21st century, there is compelling evidence indicating that leadership is one of the most expansively researched social influence processes, both in academia and, of course, in practice (Parris & Peachey, 2013). The importance of diversity in leadership has been well documented in the literature (Ayman & Korabik,...
The supplier selection process is quite complex due to the wide range of unpredictable and uncontrollable factors, and thus, it requires wise decision-making addressing the arising issues. Besides the cost, considered the primary basis for this choice, there exists a row of crucial parameters. In the following paper, the research...
Being an HR manager means being a people person. Such a task might seem quite easy; however, a human resource manager has to face several challenges daily. To handle the enormous responsibilities of being a human resource manager entail, an HR specialist must be able to think both globally and...
Starbucks at the Brink of New Development: Analysis Standing at the beginning of a new era, Starbucks, like any other companies, using the newly adopted technological advances to its benefit. However, unlike the rest of the companies, Starbucks preferred to team up with another corporation, and one of the most...
Quality and Responsibility Management and Its Integration into Organizational Processes The article titled Managing responsibility: What can be learned from the quality movement and written by Waddock and Bodwell (2004) sheds a lot of light on the issue of responsibility management, as well as the significance of corporate social responsibility...
The significance of environmental awareness has risen several times over the past few years compared to its previous rates (Reinhardt & Stavins, 2014). As a result, a range of organizations adopt green policies in order to satisfy all stakeholders involved. However, not all companies manage to comply with the key...
The Charter Company, which is a cable TV service provider, has challenges in maintaining its cash flow and the CEO decided to misrepresent its customer base, incorrectly capitalize costs, and manipulate the billing rates. After making these efforts, the CEO realized that the company was going to miss its projected...
How does Wal-Mart Stores organization manage its reputation and corporate citizenship? Having become a global organization, which has a presence in nearly every country of the world, Wal-Mart Stores, Inc. faced the necessity to transfer to the principle of corporate citizenship. Traditionally defined as “logical extension of corporations’ search for...
Summary of the Book Since the demise of Sam Walton in 1992, Wal-Mart has witnessed a significant transformation. The company has moved from dominating the retail industry to clinching the top slot in the list of the 500 largest companies in the world as enumerated by the Fortune Magazine. One...
The engagement of the General Motors employees into the test drive is a quality innovation, which brings the production closer to the consumers. The policy promotes trust between an employer and employees. Second, it enhances the sales, for many of the satisfied testers might like to purchase a car after...
Introduction Supply chain entails the systems that are involved in the movement of a product from the producer to the customer. The systems include people, information, activities and various organizations that aid in the movement of the product (Chan & Qi, 2003). A supply chain should be efficient in order...
Background information The stiffening competition among firms in the various industries has necessitated the need to manage the supply chain. Supply chain management refers to the management of the entire process of acquisition of the required resources. It involves the effective management of the labor and material supplies to achieve...
Though being a comparatively recent addition to the framework of a company’s structure, the relational aspect of the stakeholder association with business still deserves being considered one of the most successful and promising innovations in the field of business and management. It is essential that the needs of all stakeholders...
Owing to the great importance placed on leadership in recent decades, organizations and scholars are becoming increasingly obsessed with deconstructing the phenomenon into a universal set of measures (Dulewicz & Higgs, 2005). This obsession has fuelled the upsurge of numerous leadership styles assessment tools aimed at providing insight into leadership...
The company has recorded great success in a period of fifteen years. While under the leadership of Max Blue as the company’s founder as well as chairman of the Board. He played a significant role in the production of the services and goods which led to the company’s success. Most...
Making changes to any department of an organization is fraught with numerous difficulties due to the links between the operations carried out in these departments. Changes, however, are a part and parcel of economic growth, which any organization must sustain to remain competitive in the environment of the global economy....
Introduction Existing scholarship shows that leaders, through their leadership styles, approaches and practices, have the capacity to positively or negatively influence outcomes for their respective business organizations, employees, customers and stakeholders. Indeed, in the turbulent business environment of the 21st century, many organizations have managed to remain competitive courtesy of...
Extant scholarship on leadership and management demonstrates that transformational and transactional leadership styles are widely validated in business and industry owing to their impact on employees’ outcomes and performance (Ilies et al., 2006; Ismail et al., 2010). In this paper, I focus attention to comparing the two leadership models to...
Available literature demonstrates that the terms “management” and “leadership” are often confused and used interchangeably despite the different timing of their evolution, as well as their differing functions based on their underlying conceptualisations, philosophies, functions and intended outcomes (Toor & Ofori, 2008). In this paper, I purpose to demonstrate the...
Managing an organization means being able to make adequate decisions is an essential skill that an efficient leader must possess in order to steer the company the right direction and promote its further prosperity (Robbins & Judge, 2014). A range of theories have emerged over the past few years, shedding...
Known as a company’s acknowledgement of its impact on the society and the use of corresponding measures to reduce the negative effects of the above-mentioned impact, corporate social responsibility (SCR) includes four key elements, i.e., legal, economic, ethical and philanthropic ones (Osodo & Flaherty, 2014, p. 91). Since assessing the...
Product development Product development has been defined as the process of creating new or dissimilar features that provides new or extra benefits to consumers. This could involve alteration of the prevailing product, its appearance, or design of a completely new product that gratifies a newly identified consumer preference or market...
Improving the design of a retail chain is an essential step toward enhancing the company’s competitiveness and performance rates in the global economy (Mangan, Lalwani, & Butcher, 2011). Since the retail chain design defines the speed and quality of the product and raw materials delivery, its configuration aimed at meeting...
Abstract The Enron scandal has become a notorious case of the 21st-century entrepreneurship. Although the concept of a financial fraud itself cannot be considered something out of the ordinary, it was unexpected to witness a global company deciding to choose this avenue to manage its financial issues. Despite the fact...
Introduction In the recent past, companies in various sectors have become cognizant of the fact that the supply chain involves more than just the cost of moving products among the suppliers, distributors, and customers. Managers can leverage on it to facilitate minimum transport costs and maximum efficiency in product distribution,...
The problem of the Abilene paradox is, unfortunately enough, quite common for most organizations, despite the environment of open-mindedness and acceptance of any ideas voiced by its members within a specific company. Traditionally defined as the tendency for the company members to understate the significance of their opinion and the...
Are employees more likely to favor defined contribution plans over defined benefit plans? Defined benefit plans provide benefits for the retirement which are established by a certain formula. The formula includes calculations based on the number of years a person spent working for the company multiplied by the monthly sum...
Available research evidence demonstrates that one of the critical challenges that leaders face today is how to deal with the very powerful and emotional issue of diversity, particularly in the context of how it can be used not only as a critical component to the long-term organisational success, but also...
Designing a proper supply chain in the environment of the global economy is a challenging task for a number of reasons; the numerous risks that need to be dealt with being the key one. Indeed, carrying out operations in the global economy realm exposes an organization to a range of...
Direct Sourcing Over the course of the last two decades, Wal-Mart has emerged among the most influential retail companies, both in the USA and internationally. The firm’s main defining quality, aside from substantial size, is its exceptionally structured supply chain system it operates. In the recent past, this has enabled...
