11205 samples of this type
Due to the lengthened lifespan among the global population, retirement benefits are an issue of growing concern among employers and employees alike. Because of the increased lifespan, the global population is expected to lead more active and healthier lifestyles in the years to come (Rappaport 151). Consequently, we are likely...
Market segment, Target Market, Position The major segmentation variables are – Geographic: Geographic segmentation indicates the division of the market into geographical units, for instance, countries, cities, suburban, urban, rural, or regions (Kotler & Keller, 2008). However, this approach is helpful when there are clear cultural differences in case of...
Marketing Research The cement market consists of any activity that is aimed at the manufacturing and distribution of cementitious material. Companies usually provided aggregates such as gravel and sand. Customer-specific products such as ready-mix concrete and asphalt are also part of the market. The market consists of several global manufacturers...
Executive Summary The suggested paper is a marketing plan designed for SPAR International, Oman. There is the current situational analysis of the company and the conditions under which it functions. This section includes SWOT and PESTEL analysis to improve the understanding of all factors that might impact SPAR and its...
Successful marketing helps to attract customers and stakeholders. It is not enough to use appropriate sources, choose effective advertisements, and produce multiple services and goods. Effective business is based on properly organised strategic marketing. The role of the STP approach – that includes segmentation, targeting and positioning cannot be ignored...
Psychological factors According to Talloo (205), an individual’s purchasing decision is influenced by a number of psychological factors such as beliefs and attitudes, motivation, and perception. Another psychological element relates to the consumers’ tastes and preferences (Schroder 56). Additionally, the decision to purchase the energy drink is also influenced by...
Introduction Every successful company has a competitive advantage that can be achieved in various ways (Hallsworth et al. 149). Some companies develop innovative products while other focus on information management. Shoppers Drug Mart pays significant attention to the development of an efficient retail network that makes the business attractive to...
Description of the organization This paper is aimed at examining the functioning of such a company as Facebook, Inc. This organization maintains a social networking site that is accessible in various regions of the world. Currently, the number of their active subscribers equals approximately 1.11 billion (Hubbard, Rice, & Galvin,...
Overview Sany is a Chinese-based multinational company specializing in construction machinery. Since its creation in 1994, it has grown to the leading company in the domestic market and, starting from the mid 2000s, reached out to the global scene, where it quickly became recognized and acclaimed for the fair pricing...
Amazon e-commerce has plenty of pros and cons. On the one hand, it helps create a comfortable buying experience for customers. On the other hand, there are limitations such as the lack of universal Internet access. This essay explores advantages and disadvantages of Amazon company e-commerce. Pros and Cons of...
In spite of the fact that diversity in relation to human resources is a characteristic feature of Alibaba Group that operates globally and employs an international team of workers, there are still issues associated with addressing diversity by human resource management (HRM) tools. The examination of the corporate policies and...
Introduction Flexibility in the workplace refers to a working schedule outside the normal working pattern that allows employers and the employees to organize suitable work arrangements about working conditions. The arrangements involve changes and variation of working hours, place of work, and finding an appropriate working means for the employee....
Advantages of Face-to-Face Communication Face to face communication has several advantages. Numerous observers say that face to face contact can never be replaced irrespective of the numerous advancements in technology (Oxford Economics, 2009). It should be noted that face-to-face contact enables the transmission of unspoken or implied knowledge. It also...
Our sample essay will focus on Toyota and Mercedes’ competitive advantage and marketing strategy case study. Introduction This paper will compare two companies, namely, Toyota and Mercedes, which are among the world’s best automobile manufacturers and sellers. The goal is to examine their competitive priorities and operations strategies. The paper...
Although the focus on marketing strategies and the development of effective public relations techniques is discussed as important for companies, modern consumers are inclined to pay more attention to the social activities of the organization (Nickels, McHugh, & McHugh, 2013). Therefore, companies usually try to address the highest expectations of...
Introduction Leadership is complex and has various definitions, qualities, concepts, and theories. As such, different leaders apply different leadership approaches and styles. A comprehensive yet precise definition of leadership portrays leadership as a multidimensional process of identifying goals, motivating others to act, and giving pertinent support to realize mutually agreed...
Delta Airlines Delta Airlines is one of the leading US companies in the industry. It has a well-established culture and a customer-oriented approach (Sullivan, 2013). The company’s employees are motivated and well trained. Nonetheless, this appears to be insufficient in the highly competitive and rapidly developing industry where new entrants...
Introduction Valuation is an important concept in finance. Studies on this subject have contributed to the existing knowledge on financial decisions in different firms. Valuation approaches are deeply rooted in literature where many researches and theories have been formulated to address the same topic. The relationship between the capital structure...
Introduction Today, more than ever before, change is increasingly becoming a constant reality for any organisation looking to survive and thrive in these turbulent and uncertain times (Merrill, 2002), characterized by increasing globalisation, rapid pace of technological innovation, intense competition, new regulations, and shifting social and demographic trends (By, 2005;...
Market segmentation Market segmentation is critical for the success of the organization. As such, firms have to be tactical while deciding on the market segment to be targeted by a particular product or service. The reason is that consumer demands are varied depending on several factors including age and income....
The impact of globalization has continually influenced the manner in which organizations operate. Hence, several organizations continue to stumble upon new challenges in their struggle of attaining market stability. However, such organizations must consider implementing various organizing functions in all their business endeavors in order to succeed (Thomas & Gerhard,...
Though the relation between the process of managing entrepreneurship and the social life of the citizens may be considered somewhat farfetched, the link between society and the state economy is much stronger than it may appear to be. In The study of business, government, and society, the first chapter of...
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...
To develop proper relationships with customers, companies have to create trust. Clearly, employees have to meet customers’ needs and provide all the necessary assistance and support. Services provided have to be timely or else the customer will address another company. Researchers note that reliability and character-based trust are essential for...
Abstract The assessment paper reveals that post-evaluation of the training programs is critical, as it contributes to the continuous improvement and increases the efficiency of the subsequent training programs. This aspect is crucial, as the training advances the competences of the workforce while driving the development of creative ideas. As...
Introduction Financial planning is one of the most important aspects to ensure the success of any business. This technology industry should not be neglected; the sphere is competitive and fast-changing. Therefore, Apple requires a robust financial strategy to help the company stand out. This essay delves into finances and explores...
Introduction In the environment of globalization, large corporations develop various strategies to permeate local markets and distribute their goods in various regions. Among such large corporations is Nestlé, which is the most prominent and most diverse food and beverage corporation in the world, having been founded more than 150 years...
Introduction “2 Timothy 2:1-7” is a valuable and significant source of wisdom from the Apostle Paul addressed to Timothy, his fellow missionary. In the passage, Paul shares instructions to help Timothy accept leadership in his Christian ministry (The ESV Bible, 2 Timothy 2:1-7). Notably, several influential aspects from “2 Timothy...
Introduction The Nike Air Max 270 is the latest iteration of the iconic Air Max line, featuring a fashion-forward design and performance-oriented features. This selection is based on the product’s reputation for innovation, style, and performance and its prominent presence in the athletic footwear market. The Air Max 270 features...
Introduction Acquisitions are a major strategic approach for companies seeking to grow their market share and revenues. In this scenario, the focus is on evaluating two companies, A and B, and making recommendations on whether TransGlobal Airlines should acquire one of the two companies or both. This paper aims to...
Introduction In the studied scenario, the IT administrator discovers a loophole that allows access to sensitive employee data but does not fix the problem for two weeks. After correcting the error, it became known that several employees reviewed personal data, which should have been protected. This problem has ethical and...
Introduction Success at work can be achieved by possessing a proper combination of skills. However, some abilities are considered more critical than others for achieving favorable outcomes. Some of the most valued ones include communication, problem-solving, teamwork, adaptability, and time management (Rios et al., 2020). By developing the necessary skills...
Creating and maintaining a viable recruitment strategy is essential for any organization seeking to advance in the present-day economic environment. The development of a function recruitment approach is particularly crucial for a company such as Google, which works in a highly competitive setting and must address a range of obstacles...
The analysis is aimed at reviewing Cirque du Soleil’s strategic approaches to gaining its blue ocean strategy and accomplishing a sustainable competitive advantage. The history of the circus’s development is presented along with the discussion of it’s the factors influencing rivalry in the sector. Accomplishing the blue ocean strategy by...
Introduction The purpose of the present report is to determine whether the current expansion criteria of Pastas R Us, Inc. can be improved using statistical analysis. In order to achieve the purpose, statistical analysis was used to study correlations between key performance indicators of the company. According to Mariappan (2019),...
«What.” is a well-known digital agency in Switzerland that provides a wide range of innovative services to people interested in business promotion. The company has been operating on the market for more than seven years and has successfully implemented many valuable and practical concepts. Nevertheless, the need for innovative business...
Introduction TOMS Shoes and The Body Shop are two companies that are known for their efforts toward promoting ethical and social good. TOMS Shoes has a “One for One” business model, where for every pair of shoes purchased, a pair is given to a child in need. This effort helps...
Human Resource Management is the main component of the company’s activities, which is responsible for the efficiency and productivity of work. An organization can earn a competitive advantage by efficiently using its people and developing plans based on its knowledge and abilities to accomplish well-defined goals. These essential departments play...
Introduction In his article “The Nature of the Firm,” economist Ronald Coase (1937) explores why firms exist instead of producing everything through market exchange. Coase argues that the main reason for the existence of firms is the transaction cost of using the market. He explains that firms exist because it...
Corporate Social Responsibility (CSR) is an essential modern concept that has become popular among businesses. CSR supposes that a corporation should play a decent role in society and take into account the social and environmental consequences of business actions. An example of a business that employs CSR in its model...
The most prominent furniture shop in the world is a Swedish firm called IKEA. The business operates in 55 nations and employs more than 76,000 worldwide (Roy, 2020). The global market leader’s success can be attributed to its comprehension of the customer and target prospect’s wants, the potential of its...
Background Information Joe Fresh is a fashion brand created in Canada by the designer Joe Mimran for the Canadian group Loblaw Companies Limited. The company focuses primarily on producing apparel, footwear, accessories, cosmetics, and many other units under the general brand name Joe Fresh. The company is well-distributed all over...
Stakeholder engagement in company change processes alleviates concerns that could arise about future performance. Stakeholder assessment is a critically significant precedent to the actual management, where change movers must identify all parties to be affected and provide adequate briefings and preparations for the new ideas. This paper analyzes Starbucks’ change...
Leadership can be defined as the exercise of influence over other people to direct their efforts most effectively toward a common objective. Leaders who can connect with their followers and engage their support by appealing to their shared values and goals are more likely to achieve their objectives (Morgan, 2020)....
Introduction: Tesla Tesla Tesla’s fundamental mission is to hasten the world’s shift to renewable energy. In 2021, the global portfolio of Tesla automobiles, power storage, and solar panels will assist the company’s consumers avoid 8.4 million metric tons of CO2e emissions (Tesla Impact Report, 2021). Dai and Zhang (2022) state...
Introduction Chevron Corporation is among the top-ranked energy companies globally, with headquarters in San Ramon, California. It was founded in 1870 as a successor of the Standard Oil Company. The company mostly deals in oil and gas products with an international presence in the market’s value chain. Moreover, the corporation’s...
Nintendo is a Japanese cult brand that gave the world NES, Game Boy, and, admittedly, the legendary Mario. During its existence, the company managed to conquer the console and video game industry, failed in third-party markets, and retained international popularity. Rivalry in the gaming industry was non-existent until the 90s;...
Introduction DBS, Asia’s largest bank, was failing due to several factors; however, top on the list was how the bank was slow. The bank had gained a bad reputation in public, and thus, the introduction of new management changed everything. The management started digitizing the bank and changing its operations...
Introduction The presented paper is devoted to the in-depth analysis of Saudi Arabian Airlines, or Saudia. It is a flag carrier of Saudi Arabia, with its central office in Jeddah (Gamraoyi, 2016). Its main operational base is located at King Abdulaziz International Airport (Gamraoyi, 2016). The company also has several...
An essential quality of ice cream and other sugary items is their flavor. For this reason, if I were the manager of Baskin-Robbins, I would ensure that there are enough sugar resources to manufacture the flavor and would not import items that would negatively affect sales. I would also determine...
Tesla Inc. is an American company that manufactures cars that purely depend on clean electric energy power. The company mainly produces top-notch electric cars with zero dependence on fuel. Tesla is famously known for its $0 marketing strategy; this implies that the company does not use any capital to finance...
Introduction Organizational leadership is a multidimensional position that requires skill in budgeting, timekeeping, and an awareness of the institution’s goals and principles. It involves a wider range of responsibilities than conventional management. In addition, corporate governance promotes the core purpose, sets the comprehensive strategy, and motivates individuals to use their...
Modern times are characterized by the appearance of an increasing number of trading companies, as well as a significant increase in sales specialists. Although there are more and more sellers, there are not so many specialists among them. Professionals need to have several skills that will help them achieve significant...
Introduction CVS Health Corporation is a leading American healthcare company. It provides a vast range of services and is not a classic medical group that owns a chain of pharmacies. Instead, the company is primarily a healthcare provider, which makes it expand its network. It drives management and administration offerings,...
Introduction Marketing mix is an important concept for the modern business world. It consists of the four elements describing the major aspects of a company’s work: product, price, place, and promotion (Kotler & Keller, 2021). This model helps to analyze the work of a certain firm and enhance its understanding...
Executive Summary This report examines Qatar Airways, the nationalized flagship carrier of the Kingdom of Qatar and the 2nd largest airline in the MENA region. The company founded only 25 years ago has seen a tremendous breakthrough in the aviation industry and is generally recognized as one of the leading...
Introduction The United States and India are the world’s leading countries based on the number of gun ownerships; however, the exposure, culture, regulations, and impacts differ across the two, with the US experiencing adverse events. The American gun culture is as old as the country’s Constitution, which can be traced...
International expansion is the goal of many firms because selling goods worldwide and locating productions in multiple countries simultaneously is vital for competitive advantage in most markets. Companies that adjust their strategies need to evaluate their current conditions, place at the market niche, strengths, weaknesses, opportunities, and threats they might...
Introduction Tim Hortons struggled to successfully expand internationally since the brand and its products were synonymous with its Canadian identity and were less known globally. Consequently, it faced stiff competition internationally and domestically from such multinational brands as Dunkin’ Donuts, McDonald’s, and Starbucks. The major challenge with Tim Hortons is...
Introduction Mass customization is modifying and making products available on the market to fit a specific customer’s requirements. It refers to a marketing and manufacturing strategy that combines the adaptability and individualization of products created to order with the lower per-item costs typical of mass production. Mass customization can be...
Background To begin with, the Swatch Group manufactures and distributes watches. They are the largest manufacturer in the world and have 156 production facilities around the globe (Deshpande et al., 2012). They did not limit themselves to producing and assembling watches for brand retailer companies. The company also provides different...
Identifying, addressing, and preventing risks observed in the global economic setting from occurring represents one of the main tasks of an organization. Being one of the globally renowned brands, Boeing has been quite successful in its approach to managing risks, mostly due to the incorporation of the contingency framework. However,...
Amazon is an American organization, one of the largest in the world among companies engaged in selling all kinds of goods and services via the Internet. It is also a leader in the field of sales of mass-demand goods through the system of Internet services. One of the characteristic features...
Introduction Dell is one of the largest computer companies established in the 1980s. Since its inception, Dell has achieved great success as a company specializing in the PC market. Dell struggled to maintain a competitive edge during its 2013 privatization (Case Study). Investor Carl Icahn took to social media to...
Introduction The UK-based Tesco is a grocery and general merchandise multinational retailer organization with its headquarters located in Hertfordshire, England. Besides being the 15th most valuable retail brand globally, Tesco is also among the most valuable brands in the UK. Additionally, Tesco is the leading grocery retailer in the United...
Introduction Interoffice memos refer to short messages sent between individuals in different departments in an organization or institution. Generally, these memoranda are used to share confidential information, policy updates, project briefings, and news regarding departments. Nevertheless, they can share any information, including informal updates on non-business activities. Regardless, they observe...
In the conditions of modern competition, the compliance of the internal environment of the company with the growing market requirements is the most important factor of successful activity. It causes the need for its constant transformation. The main driving force of economic growth today is innovation, implemented both in production...
Introduction Companies’ corporate and competitive strategies determine how well they will operate their respective markets and compete with other players. Tesla Inc. is an automobile manufacturer that competes with other large firms that have been in the market for decades, such as General Motors Company and Bavarian Motor Works (BMW)....
Introduction Accounting has been a crucial part of any financial proceedings from ancient times. From the ceramic tablets with the simplest recordings in ancient Egypt to the modern-day Excel spreadsheets, humanity has always not only known the value of proper accounting but actively needed it in their day-to-day operations. However,...
Introduction The Body Shop International is a multinational firm that specializes in cosmetics and body fashion. Anita Roddick established the company in the year 1976. Shampoos, bath products, soaps, and other beauty-related accessories are the company’s core focus. All of the company’s products are made completely of natural materials and...
Almost every company relies on communication in some form or another to function efficiently. Effective communication is a critical aspect of any business or organization (Li et al., 2018). An increase in production time and a fall in profit might be expected when efficient communication is lacking. Sharing thoughts, information,...
Clorox’s Present Situation The present situation of Clorox is financially sound and unpromising at the same time. Clorox recorded sales of around $4.1 billion and $394 million in net earnings in June 2000 (Narayandas and Wagonfeld 3). Ultimately, Kingsford represented a large product group within the portfolio of Clorox. Charcoal...
Introduction The case raises ethical concerns, particularly considering that the world is in the twenty-first century, where individuals have the right to express their ideas and thoughts. Abercrombie and Fitch organization (A&F) has evolved over the years to remain lucrative and competitive. The corporation’s market segmentation techniques are one-of-a-kind, and...
Samsung is one of the most reliable companies designing and distributing mobile phones and other devices. Indeed, some cases with devices’ malfunctions might occur due to various reasons involving improper design. Organizations often strive to generate innovative gadgets, forgetting about safety policies. Moreover, in the case of Samsung, the battery...
Project Value Sneaker and Persistence are prospective projects that offer a lot to customers and investors. They benefit the customer as new products are released and the investors and owners when they make profits. The aim of this case analysis is to assess the two projects and provide a recommendation...
Introduction John Deere is one of the companies operating in the agricultural industry. It is known for manufacturing high quality agricultural and construction equipment. John Deere makes farming more economical and sustainable through its incredible innovations and technological advancements (John Deere, 2022). The company’s connected farm machinery can perform agricultural...
Introduction Franchising is a marketing strategy that is usually used for business expansion in which one party (a franchisor) gives another party (a franchisee) rights and authorities regarding the sale of certain goods or products. The two parties enter into a contractual agreement for the sale of specific goods or...
Large corporations that create resources for human comfort and well-being rarely think about their actions on the environment. Environmental pollution is a severe problem, and the fight against it has been going on for decades. Corporations must be aware of their responsibility and understand how their activities are connected to...
Introduction The way companies treat their clients predetermines the perception of the brand by the general public. It is important because the contemporary penetration of social media publicity into everyday life makes every corporate action matter to society. Ultimately, the impact of customer service outcomes is seen in the profits...
Introduction The 21st century embodied technological progress that has encompassed most spheres of human activity. In the current age, new advancements are developed at a rapid pace and introduced across various spheres of work, leisure, and entertainment. Furthermore, this unprecedented level of progress leads to profound transformations of the industries....
Elon Musk is one of the most notable entrepreneurs of the modern age who is advancing and promoting the adoption of many innovative technological solutions. Elon Musk is also the CEO of Tesla, one of the Fortune 500 companies which operate in the industry of car manufacturing. Elon Musk has...
The Definition of Entrepreneurship and Entrepreneurial Skills Entrepreneurship is known as independent, related to risk activity that aims to systematically gain profit from property utilization, goods realization, rendering services, and order completion. Costin et al. (2018) define entrepreneurship as the ability of an individual to turn ideas into action; it...
Introduction Entrepreneurship is the process by which a group or individuals exploit the market opportunity by substantially improving the services, method of productions, and improving the existing goods or bringing new products in the market. Entrepreneurship is defined as readiness and ability to run, develop and organize a business enterprise,...
Buyer Power Simone Rocha benefits from the large UK market, which gives it a wider reach. However, the retailer faces competition from established brands such as Zara. Considering this level of competition, consumers have diverse choices when making purchase decisions (Binet et al., 2019). Most of Simone Rocha’s customers are...
Introduction In the contemporary world, there is a variety of events intended to show different organizations’ improvements and innovations in distinct areas of activity. It is possible to state that World Expos is essentially a large exhibition for countries to display the last achievements and advancements made. This event happens...
Introduction This report focuses on leadership strategies since, throughout history, it has been vital for the proper operation of nearly every successful company. Though there are several leadership theories, transformational leadership is among the most effective in organizations (Khan, 2016). Transformational leaders assist followers in growing and developing into leaders...
Product Selection – semisweet chocolate baking chips. Persona Key Factors: 29-39; male and female; work connected with brain activity; 85 % with a diploma; annual outcome: $ 50,000; married; two-three children (7-15 years old) Persona: Young family with children. The family consists of a married couple (34 years old both)...
At the moment described in the case study, Playboy has certain pros and cons within the market. On the one side, the distribution of the adult magazine has grown wider due to publications sold in European and Asian countries. This practice has guaranteed high revenues for the firm and the...
A cake shop, although a small organization, nonetheless illustrates the materials management process. The owner of the shop, Priya, opened the shop in the center of her city. It can be assumed that all essential ingredients for cakes she buys from local supermarkets. At first, she would accumulate all products...
Abstract This study examines what facets of green logistics delivery practices have been studied to highlight the sustainable logistics practices reviewed, their efficacy, and the challenges that have been encountered. The paper was segmented into five parts to achieve its goals. For instance, the paper begins with an introduction that...
Background Global operations by commerce and industries that initially served within their local markets create the need to form promotional plan of supply chain management (SCM). The globalized operations increased the use of information system technology which boosted the construction of a self-proliferating and complex chains of supply (Clauson et...
The research proposal aims at describing the current situation and the problem of McDonald’s in Dubai. The company is among the largest players in the segment and was characterized with high performance until recent years when its level of sales experienced fall, both due to not sufficiently competent cross-cultural policy...
Introduction In the contemporary world, individuals are surrounded by numerous choices when purchasing this or that product. Since the global market is full of high-quality goods that are manufactured to meet all the needs and preferences of the population, people have to engage in a specific thought process when making...
Organizational behavior plays a significant role in the analysis of groups’ conduct in a corporate environment. The observation of the features of lack of motivation and dissatisfaction helps identify its role in the company’s functioning. The managers should identify the manifestations of lack of motivation and job satisfaction because this...
Abstract This essay will examine the concepts of enculturation and acculturation in the context of their impact on business ethics. The current state of business ethics and issues related to the moral issues of doing business will be discussed. Researchers began to single out the two analyzed terms relatively recently;...
Summary Despite being a large international company, Honda has incurred the negative consequences of the world pandemic to a large extent. First of all, the demand for cars has considerably decreased. Business Today reports: “Japan’s No. 3 automaker expects profit to sink to 200 billion yen ($1.89 billion) in the...
The Nature of Negotiation in the World “Negotiations” is the dialogue between two or more parties that may occur at both the individual and organizational levels. The purpose of every negotiation process is to reach an agreement concerning a particular issue that should result in individual or collective benefits. According...
Effective communication is critical to not only personal career success but also for any employee and manager in an organization for a variety of reasons. Communication skills, particularly the ability to work effectively in a team setting, are the most important factors that enable individuals to excel in their job...
Earnings management refers to the act of manipulating the process of financial reporting in order to achieve certain desired outcomes (Jones, 2015). Managers use several earnings management practices that include income minimization, income maximization, taking a bath, and income smoothing (Scott, 2015). In many cases, accountants use various accounting techniques...
Job analysis remains a critical element for most Human Resource (HR) functions. According to Brannick et al. as cited in (Breaugh, 2017) “job analysis refers to a broad array of activities designed to discover and document the essential nature of work” (p. 12). According to Brough (2017), job analysis (referred...
A risk is any unforeseen event that has the potential of derailing plans and projects. If the risk takes place, it is likely to have a positive or negative impact on the project or a venture being undertaken by a company or an individual. The chance of the risk-taking place...
Woolworths Group is a leader in the Australian food and grocery retail market. It has multiple stores in Australia and New Zealand and provides consumers with high-quality middle-range prices products. According to the Managing Director of the company, its mission might be formulated as “placing the customer at the start...
Introduction Originally a tiny electronics consultant firm, Blackberry, was a critical stepping stone to smartphones’ current age. Blackberry is a symbol of how quickly high-tech fortunes can change. Slow to respond to the iPhone and Samsung, this once top innovator is rapidly losing market share and income. This company needs...
Summary In the current reality in which business has to work, the exceptional dynamics and turbulence of the external environment require a new type of thinking – not linear and one-sided, but flexible, rational, and critical. Making decisions, and pondering problematic situations, managers unconsciously start from the information known to...
Among the core areas of information management is Enterprise Resource Planning, which is a concept that was first embraced during the early 80s. It was used to merge the functions of finance, manufacturing and business logistics, and was mostly implemented with a sole objective of facilitating the execution of business...
Introduction In April 2017, the now-infamous Fyre Festival was supposed to provide a luxury music festival experience. However, arriving at the private island in the Bahamas, the guests discovered that none of their expectations would be fulfilled. In fact, the festival was canceled the same day it was scheduled to...
Introduction Modern marketing requires a strategic marketing model known as Segmentation, Targeting, and Positioning (STP) for the practice to be complete. The model is focused on consumer marketing rather than the product. STP study enables a marketer to understand the customer, which will be essential in delivering a product as...
About the company Brookside Dairy Limited is based in New Zealand. The company intends to enter the China and Middle Eastern markets with its milk powder product. This paper presents the company’s financial statement and a marketing plan to penetrate the markets in China and the Middle East. Financial statement...
Introduction Project management today draws a lot of attention based on the benefits that accrue from its successful application. As business processes keep changing, a need for a defined process to start, plan, execute, and monitor these processes is necessary. This discipline normally presents itself through project management. The dynamic...
What’s Wrong—and What’s Right— with Stakeholder Management What’s Wrong—and What’s Right— with Stakeholder Management What’s Wrong—and What’s Right— with Stakeholder Management What’s Wrong—and What’s Right— with Stakeholder Management In the article In What’s Wrong – and What’s Right – with Stakeholder Management, John Boatright (2006) presents a stakeholder management concept...
Introduction Personnel selection is a challenging task: the right employee can make it or break it for the company. Recruitment mistakes can cost a company thousands of dollars a year, and the effects of hiring the wrong person may prove to be long-lasting. It goes without saying that the hiring...
Introduction All stakeholders in business need to be insured against all the risks that may occur in the process of the transaction; moreover, ethics should be upheld in any business field. Ethical business relations should be founded on honesty, fairness, justice, integrity, and trust; and those buying should be able...
Introduction Hillside Veterinary Clinic (HVC) is a small business operating in Colorado, requiring rebranding of its positioning to acquire new customers. The facility was planning to expand, therefore needing to adjust and enhance its marketing strategy according to the client’s needs and preferences. The following paper critically analyses the marketing...
Introduction In business and finance, many ethics issues are controversial and require detailed consideration. The common ethical violations may involve insider trading, project financing, or stakeholder interest (Hunjra, 2018). The case study of Cyberchamp Inc. presents an assistant finance manager Olive Earle faced with a choice related to her decision...
Executive Summary The case “Berkshire Industries PLC” gives a detailed examination of the situations that led to the introduction of a new incentive plan capable of meeting the demands of both workers and shareholders. The company had grappled with various challenges before, such as the ineffectiveness of the original reward...
Introduction A market is a system facilitating the exchange of goods, services, and information between its participants. This system is strongly influenced by market leaders, which can be a product, a brand, or a company with the highest percentage of total sales revenue. When there are market leaders, there are...
The article “New Revenue Recognition Guidance and the Potential for Fraud and Abuse: Are Companies and Auditors Ready?” by Douglas R. Carmichael (2019) raises an essential topic of whether the guidance and a standard introduced by the Financial Accounting Standards Board meet the objectives stated by the organization. The author’s...
Definition of a Cooperative Cooperation at the end of the 20th century is a widespread social phenomenon. It is the basis for creating enterprises and their associations as well as for the accomplishment of everyday tasks at the national and international levels, such as space exploration, environmental protection, etc. Cooperatives...
Summary Strategic management is an essential element of an organization that aims to analyze its external and internal factors affecting performance and sustainability. To thrive in a fast-paced business environment, corporations must understand different forces that influence production, financial growth, and societal cohesiveness. This essay delves into the specific processes...
Introduction Social entrepreneurship is an activity that is aimed at solving or smoothing out social problems. During the course, we learned that social entrepreneurs are businessmen who work at the intersection of charity and traditional business, addressing social issues, promoting charity and philanthropy, and giving the company a human face....
The selected organization for this analysis is the Coca-Cola Company and the identified competitor is Pepsi. From the completed analysis, it is evident that the two companies have several departments working synergistically to ensure that the intended carbonated drinks are delivered to more customers in a timely manner. The departments...
Introduction Organizational behavior is an important branch of science that explores people’s relationships in the workplace and can help leaders and employees organize the working process better. Several psychological theories discuss and explain organizational behavior. Note on Workplace Psychology Theories, an article by Karen MacMillan published in 2018, briefly overviews...
Introduction Wegmans is a large family-owned company that sells groceries in 6 states (Ebert and Griffin 305). The total number of stores run under the supermarket chain accounts for 80 (Ebert and Griffin 305). The company has a long history; it was founded in 1915 and since that, has been...
At-will employment is defined as such relationships between an employer and employee in which the latter could be dismissed without any warning or valid reason. The proponents of the at-will employment doctrine argue that it is beneficial for the worker to the same extent as for the employer since the...
Introduction For the last two decades, the number of people across the globe (both young and middle aged) preferring urban and casual wear keeps on rising every day. The reason behind it is the growing trend of modernization, urbanization and the need to appear decent and fitting in the current...
Introduction In the past, scientific information was concealed, but the Internet filled this gap. However, did this unlimited access to information complicate the research process? These changes in access to information highlighted the rising significance of leadership and the integration in information literacy. In the context of scholarly research in...
Introduction: Social Media For many businesses, marketing strategies are aimed at obtaining the attention of consumers to their products and services. The 21st century has seen marketing strategies move from physical company-consumer interaction, television and radio modes of marketing to social media marketing due to technological advancements especially in the...
Introduction Moral side of relationships between an employers and employees provides a pivot for further firmness of the company. This statement invigorates a newbie at the workplace to follow the features of trust and loyalty to an employer. However, there comes an objective as for the validity of such kind...
Managing can be defined as looking over and ensuring that people are stay with what they are supposed to be doing. Managers ensure order, greater productivity and a continuous improvement in organizations (Youker, 1977, p. 564). In a more broad perspective, managers design and maintain environments in which other people...
Nokia, a leading mobile manufacturing company is offering more that 25 different models of mobile handsets to its varied categories of customers (Mooij, 2010). This is strategically meant to meet specific needs of each group of customers. Since not everyone can be fully satisfied with homogenous or same products, groups...
In writing Essence of decision making, Allison had the notion that rational expectation theories from economics had been borrowed largely by fields of political science and international relations. He assumed that states, after considering all they had, acted rationally to maximize their usefulness. In this, he proposed that analysts must...
Define and discuss Ford’s business-level strategy There are two basic business-level strategies which Ford Motor Company has followed for the whole period of its performance. The company started with realizing a low cost strategy, which allowed it to gain market share due to the lowest costs as compared with its...
Business ethics is the business way of doing things within its environs and when interacting with the world as a whole, or with a single customer. Good and admirable business ethics should be observed in every business, some businesses have been fined for not following their intended business ethics (Brennan...
Introduction This study refers to the market environment in foreign countries to promote teambuilding activities in order to implement a white water center in Montreat. Under this study, the market environment of a foreign country (Japan) is considered to analyze the potential market opportunities and threats. The following is detailed...
ABC Corporation, as a financially-oriented corporation, has come under a great deal of scrutiny and criticism for perceived unethical conduct, particularly in light of larger recent economic issues. Although not necessarily coming under direct fire, there is a need within the corporate environment to strengthen the reputation of the brand...
Introduction Decision making and customer service are interrelated issues based on organization’s strategic plans and management systems. The case of the King County Library System vividly portrays that decision-making determines overall success of the organization and its development. Also, leadership style of Bill Ptacek enables him to be accepted by...
Introduction Managing Employees Performance involved numerous activities, far more than simply reviewing what an employee has done. This system must fulfil several purposes. Developing and conducting performance appraisals should not be done in isolation. The performance appraisal is closely related to a number of human resource management that should be...
Executive summary Marketing channels and logistics are very essential for the survival and success of any business organization. This is because they are the corner stones in supply chain when carrying out business activities. The Saturn Corporation has its own supply chain that involves production as well as sale and...
Introduction The employee relations have been changed last 30 years for many reasons for developing for information dissemination, employee feedback and employee assistance program. These are a most important factor which provides significant change. By virtue of the European Communities Act 1972, UK incorporated all EU law in domestic law....
Global or multinational companies appoint external auditing teams to review their financial disclosures and statements. The external auditing team requires to have sufficient knowledge of the client’s industry to understand its opportunities and threats in the market. Another main requirement is that the staff of the external auditing team should...
The European Foundation for Quality Management (EFQM) Excellence Model has been designed for offering a holistic view of an organization since it is used for determining how various processes within companies fit together and complement each other. It is widely used by organizations across the globe and is being updated...
Introduction Employee motivation is an essential aspect of managing relationships in the organization and enabling better efficiency of daily work. Human capital management techniques allow employing different strategies for improving motivation. While Abraham Maslow’s theory outlines the basic needs and motivation factors, other researchers further developed this theory to gain...
Introduction Gene Wilkes, in his book Jesus on leadership: Developing servant leaders, takes his readers back to reflect on how to manage people the way Jesus did. The work is intended as a primer for those who want to lead among God’s people like Jesus. The idea of servant leadership...
Abstract Organizational change remains a powerful process for transforming performance and addressing existing change. The appointment of Charlie Eitel as Simmons’ new CEO resulted in various changes that were aimed at making this company more profitable. The implemented strategy presented several strengths, such as completing a detailed survey and using...
Linear Programming Operations Management: Summary Linear programming operations management is a mathematical strategy that is employed for arranging scarce or limited resources effectively while performing various tasks. It is also a technique that organizations can use to achieve profit by reducing the costs of any price. There are two functions...
Introduction Heracleous and Papachroni explore strategic leadership and innovation at Apple, Inc., performed by Steve Jobs, a founder of the organization. The authors point out that the company started to prosper after Jobs returned to work in 1997. For the period before 1997, however, the organization experienced financial difficulties and...
Communication Strategy So far, the Coca-Cola Company has been pretty efficient with its verbal and written communication. The communication analysis has shown its strong suits that should be capitalized upon and make part of subsequent strategies. Firstly, the Coca-Cola Company might want to develop the ideas of diversity further, demonstrating...
Introduction The concept of management is often conflated with the phenomenon of leadership, which makes the role of a manager in an organization quite obscure for an uninitiated person. However, on closer inspection, a manager performs a range of set functions within a corporate environment, ensuring that a company delivers...
Abstract Business organizations are facing quality issues concerning their operations and products. Business scenarios are rapidly changing at a time when phenomena are not only influenced by the traditional aspects of economics but also by an accumulation of data. Therefore, management teams should adopt the best techniques to handle these...
Environmental scanning is a process that entails such steps as monitoring, evaluating, and disseminating information collected in the company’s external and internal environment. This approach is associated with a deep understanding of the external force that provides change (Kumar, 2016). Such an assessment gives an opportunity to develop effective responses...
