11540 samples of this type
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...
When considering how human beings can get more out of work and life, it is important to consider the concept of rationalisation. Rationalisation as a concept has been defined by Max Weber a leading authority on issues of economy, employment, work, and capitalism. Rationalisation is a concept that applies to...
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...
Critical success factors, resources and capabilities There are several concepts that are useful for explaining the ways in which companies can gain a competitive advantage over other enterprises. At first, one should mention critical success factors. They can be defined as the essential elements or prerequisites that are vital to...
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...
“In probably 99% of such cases… my answer would be ‘No, I will not share my password’… That said, my response… was from the perspective of the business owner.” (Edmond par. 3-4). Introduction Not very recently, perhaps just a few years ago, there came to existence a certain peculiar practice...
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...
As an object of my future economic research, I have chosen Walt Disney Parks and Resorts Worldwide, Inc. (WDP&R). It is a subsidiary company of a larger corporation, The Walt Disney Company. Type of Industry Walt Disney Parks and Resorts operates in the amusement park industry and is closely connected...
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...
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...
Management control system refers to the initiatives launched and implemented to ensure that human resources produce the best outcome for any given organization (Merchant 2012). Operational and Strategic Activities of Macquarie University Macquarie University operation and strategy can be evaluated by examining the motivation of the employees, the culture, training...
Locating a shop in a high crime rates area is a rather risky decision, On the one hand, the competition rates are going to be rather low, which will allow for impressive sales benefit and future expansion. On the other hand, the unceasing threat coming from the local criminals should...
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...
Typical local business in my community The typical local business which I have identified in my community is banking. The political environment under which the bank operates is very stable with minimal political risks. In 2008, the world underwent a global recession, which was the biggest since the great depression...
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...
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...
There is no use denying the fact that we live in the age of great changes and blistering development of various issues. The fact is that nowadays technologies and society go along, introducing new phenomena and issues that change the traditional patterns. That is why, if a person wants to...
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...
The significance of the role of an Operational Manager (OM) is truly ample; creating premises for the efficient completion of the key objectives and smooth running of all operations, the specified member of an organization certainly is to be appreciated. To identify the key tasks that an OM must accomplish...
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...
Introduction: The Non-Alcoholic Beverage Company Portfolio The paper regards the non-alcoholic beverages sustainability in the context of company analysis. The major principles of organizational hierarchy development, as well as finance raising and human resources management, are discussed. Moreover, the work views the questions of equipment sustainability and production procedures. Non-Alcoholic...
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...
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...
Short Biography Ferruccio Elio Arturo Lamborghini was born in April 1916 in a small village Cento in Italy in the family of grape growers. From his early years, he had exposed a great predisposition towards industrialism and machine building. When Ferruccio Lamborghini was a little over thirty years old, his...
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...
Introduction Organizational changes and behavioral patterns are important aspects of management. Though crucial, change management is an important aspect of business administration that does not always require the implementation of stringent management policies. Change and desirable organizational behavior do not always manifest themselves in people’s behavioral changes. Instead, the ability...
Hardly there is a person nowadays who would argue the unprecedented success of the Apple Company considered one of the most revolutionary in the world of computers. The bitten apple for a long time has been a synonym for impeccable design and quality. Apple products have become a cult for...
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...
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,...
External Audit and Its Role in Large Companies The purpose of external audit and its role are not well understood yet. Although it does have the drawbacks, such as confidentiality issues or audit failures, those are rare; besides, external audit brings many advantages to large corporations and their stakeholders, which...
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...
Business organisations regularly measure the performance of their supply chain operations to establish a strategic alliance with upstream suppliers and downstream customers. According to Bhagwat and Sharma (2007), the aim of measuring the performance of the supply chain is to fine tune and optimise internal operations of a firm to...
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....
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...
The question of whether a leader’s motivational aspects have an impact on his or her leadership style and performance has been subjected to substantial empirical exploration by scholars and practitioners for several decades now (Ellemers et al., 2001). In this paper, I make an attempt to deepen the understanding of...
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...
The breakdown of relationships between members of the noodle wheat supply chain occurred due to the contamination of the product and import refusal that entailed operational and financial losses. Of course, contamination is more than just a rude mistake made by the suppliers, as they knew about the norms regarding...
Introduction Ethics is an issue that should be at the core of the operations of all corporations. The concept of ethics is one that goes hand in hand with corporate responsibility. These concepts, even though important, are sometimes not adhered to by the corporate bodies (Johnson, 2012). This lack of...
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...
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...
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...
Origin Diamond is an important mineral resource. Diamond is one of the hardest minerals and enjoys the application in a variety of fields. The nature and value of a diamond make it a luxurious mineral. It is used in the making of jewelry and rings. Moreover, diamond is used in...
Fairmont Hotels & Resorts has its headquarter in Toronto, Canada. It has over 45 hotels with a growing portfolio all over the world. Fairmont is the largest luxury hotel in North America. It has superior services among the most famous destinations of the world. Fairmont has a wide range of...
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...
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...
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...
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...
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...
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...
Introduction Many organizations hire competent employees in order to achieve their goals. Younger employees embrace the concept of teamwork. Younger employees “require good management strategies to realize their organizational goals” (“Age Discrimination: What Employers Need to Know” par. 5). Older employees have different goals and beliefs. They will work late...
United Parcel Service also known as UPS is one of the largest businesses of the United States. UPS functions globally and covers more than two hundred different countries. UPS is the largest package delivery corporation in the world. The key to the successful performance of UPS is its professional application...
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...
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....
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,...
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...
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...
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...
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...
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...
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...
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...
Apple Computer Company is an organization that deals with electronic goods (Apple,, Inc., 2012). While promoting its products, Apple Computer, Inc. has expanded its market globally (Apple, Inc., 2012). Recently, because of its popularity and success in the market, Apple Computer was rated the largest publicly traded firm in the...
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...
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...
Description of company and purpose The proposed business name is Juicy Fruit Gum Limited. Juicy Fruit Gum Limited will be located in Miami. In this case, the company will sell various products in relation to market needs. Its main products will be chewing gums and sweets. The purpose of this...
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...
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....
Introduction Snapple Juice targets all the youths and young people. As far as market segmentation is concerned, Snapple juice targets the health conscious market segment (Snapple 16). The company brands and beverages target the youth and they have been doing well in this target market. All along, Snapple juice has...
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...
Why It Is a Challenge Demographic distribution with regard to the way consumer attitudes are formed and changed that influence consumer behavior and decision making in the consumption of a particular product with respect to convincing consumers to switch on to a new product is a challenge. Researchers in psychology...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
