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Enron Company Scandal: Causes of the Bankruptcy

Modern age can be characterized by a great level of rivalry. With this in mind, it is possible to say that great effort should be made by a person or organization to remain successful and survive. Additionally, clear structure and organization are the main actors of successes. Enron Scandal can...

Apple Company: Investment in IT

Investment in IT has given the Apple Company a competitive advantage in terms of better performance delivery, creation of superior products, and real time customer relationship management. As part of the business intelligence at the Apple Company, the investment in research and development of the latest technology in the ‘Apple...

Impacts of Brand on Customer Purchasing Decisions

Introduction According to Mitchell (2006, p. 75), brand history ‘tells us how people used brand as a symbol of identification’. In the past, customers used brand name to differentiate products from different manufacturers. Today, customers not only use brand name to differentiate manufacturers, but also make purchasing decisions. A brand...

Sous and Pastry Chefs Functioning

It is obvious that people try to choose an occupation, which is interesting for them and which can give moral satisfaction. That is why they created new kinds of jobs for them to be able to realize their potential. Besides, there is a great number of different occupations in the...

Role of the Total Quality Management in Business

Executive Summary Is total quality management enough for competitive advantage? The aim of this paper is to clarify the elements of TQM that are relevant for competitive advantages and to evaluate whether TQM is all that firms need to enjoy competitive advantages. The paper relies on a review of other...

Apple Company Organizational Learning

Introduction Organizational learning refers to the process of generating, transferring, and sharing knowledge within an organization in order to improve the productivity, performance, and efficiency of employees (Argote, 2012). This knowledge is generated from the experiences of employees in their efforts to provide quality services to customers. Forms of knowledge...

Globalization and Poverty Eradication

The term globalization evokes different feelings in different people. There are those who view it as an opportunity to attain high living standards all over the world. On the other hand, there are those who consider it a tool for propagating inequalities. There is a consensus that global integration is...

Economic Budget Predictions

Introduction Governments have a responsibility to balance between their country’s expenditure and revenue by formulating and enacting monetary and fiscal policies. Moreover, governments should ensure that they balance between the application of the monetary and fiscal policies to stimulate economic growth. This assertion arises from the view that the implemented...

Apple Company Team Dynamics

Introduction Organizations are overly interested in hiring persons who can work effectively in a team environment. The goal is to ensure that decisions made by a given work group or team do not depend on the thoughts of one individual. Rather, they need to incorporate the perspectives of different people...

Total Quality Management in Supply Chain

Executive Summary Total quality management is a tool used by firms to enhance their production efficiency. This tool was developed in the 1970s in North America and it spread to Europe and other parts of the world. A number of quality management methods have emerged since then, but total quality...

Inventory Management in Supply Chain

Abstract The paper examines inventory management as a backbone of supply chain management. It provides an argument to support the claim and then proceeds to discuss other components of decision-making, system development and management in regards to the implementation of inventory management in different organization types. The paper only relies...

E-Business and E-Commerce: Difference Between Terms

Introduction Growth in the use of information technology has led to the development of e-business and e-commerce. Just like marketing includes sales of products, and sales do not necessarily include marketing, e-commerce is part of e-business, but e-business does not necessarily entail e-commerce. To understand the difference between e-business and...

Organizational Culture and Its Strategic Values

Strategic nature of organizational culture Organizational culture in a company is comprised of beliefs and espoused values that drive the employed toward assuming a specific behavior. Organizational culture can be effectively used as a strategic tool to influence higher levels of business performance for a business. Since organizational cultures are...

IKEA Company’s Organizational Culture Development

Company Story The IKEA Company specializes in home and office furniture. It offers customers practical, well-designed furniture solutions for all their needs. At the same time, it extends the services to storage, handling, and moving its products to make it easier for customers to get value for money and convenience...

Sea Treasures Company’s Change Models

Introduction In the contemporary business world, competition has intensified. Organizations are tasked with putting in place strategies to ensure that they stay relevant to the industry of operations. The competition necessitates the need to restructure the operations of business in order to remain profitable. According to Van Dijk (2009), organizations...

Flat Tax Rate Policy

Background The flat tax rate policy is a policy that has elicited mixed reactions from policymakers, politicians, taxpayers, and governments across the world. The controversy of the flat tax rate lies in the effects on economic growth and fairness among taxpayers. Fundamentally, the flat tax rate is a form of...

Alibaba Company Analysis

History and Mission Statement Alibaba is an online-based business that was founded in 1999 by Jack Ma. Ma, the company’s current chairman, named the business ‘Alibaba’ because the name was recognizable globally. Alibaba was the first company in China to deal with online business. The company was started in Jack...

Ethical Issues in the Use of Social Media in the Workplace

Introduction Technology influences interaction between people in the workplace. For instance, social media enables employees to exchange information via chartrooms. Although social media makes people more productive in the workplace, the paper confirms that it is often associated with various ethical issues that have to be addressed to maximize employee...

The U.S Banking Regulation

Introduction The global financial system was in the verge of collapsing during the fall of 2008, which imposed significant effects on the global credit system. This resulted to increasing calls for significant adjustments to be implemented in the financial regulatory system. During 2010 July, the United States Congress enacted a...

The Real Exchange Rate

International trade theories An effective evaluation of real exchange rate should be preceded by a brief discussion on some of the international trade theories. This is imperative because to begin with, the exchange rate is broadly defined as the price of various currencies in international currency markets and again because...

Islamic Banks Product Development

Abstract Islamic banking has gained immense popularity in all parts of the world. It has emerged as an alternative for conventional banking, which focuses on profit generation and does not give any regard to social welfare and distribution of wealth. Dubai Islamic Bank was the first Islamic bank in the...

Global and Asian Financial Crisis Comparison

Introduction The Asian economic crisis of 1997 and the global financial crisis of 2007-2008 are similar in several fronts, particularly in the failures by responsive governments to control and manage financial markets. Also, both the financial crises were blamed on the failure by various monetary institutions to manage financial risks....

Ethical Compliance in Business

Introduction Every company has a code of conduct that governs the operations in one way, or another. In fact, each company shares its values and rules to gauge the behavior of all employees. Scholars and non-scholars define ethical compliance as due diligence and the promotion of organizational culture, which encourages...

Louis Vuitton Company Business Ethics

Background of the company The Louis Vuitton is a multinational company based in France that was founded in 1854. The company is a renowned fashion house dealing with products such as sunglasses, fragrances, cosmetics, fashion apparel, and cloth distribution. Over the years, the company has spread its business activities across...

The Ritz-Carlton Hotel Company’s Quality of Services

The Ritz-Carlton trademark was founded by Cesar Ritz. The entrepreneur opened the first Carlton Hotel in London in 1899. During the Great Depression period, Johnson Company secured rights to the name of the hotel, and it was instrumental in developing entities under the name internationally. Marriott International purchased the Ritz-Carlton...

Lush Cosmetics Company Marketing Plan

Introduction There should be a good strategic foundation on which a marketing plan is based. A good marketing plan will give the company a competitive advantage (Jobber, 2012). This essay is a development of a marketing plan for Lush Cosmetics, which is based in the United Kingdom; however, it has...

Online Decision Making Process and Consumer Behavior

Popularity of online shopping activities among consumers is a result of the progress of the Internet in a modern society. The online decision-making process includes stages which are typical for the general buying process, but the character of these stages is different. The consumer who prefers online purchasing activities concentrates...

Business Ethics and the Organization’s Responsibility

Abstract This paper explores the notions of business ethics and responsibility. The concepts of ethics and legislation are studied and compared. The ideas of business ethics and corporate social responsibility (CSR) are discussed; the key notions of business law, including business torts and employment legislation, are considered. The specific difficulties...

LensCrafters Company Strategic Management

Abstract The following paper examines LensCrafters Company to determine ways that globalization and technology have affected the company success. The discussion also analyses the mission and vision statements of the company to determine their effects on the company’s success. In addition, the paper analyses ways that the company can be...

Leadership Importance: Decision-Making Processes

Introduction Organizations always entrust managers with the responsibility of leading the employees based on effective decisions. However, to be an effective leaders, it is necessary for a manager to perform certain interpersonal roles such as being a leader, informational, and motivational roles. In addition, an organisation can perform effectively if...

Revenue Estimates in Budgets

Introduction Public budgeting can be described as the vital practice of revenue allocation for a given government or organization for it to achieve its economic and social obligations. Additionally, budgeting may consist of management of public expenditures in manner that will ensure that the most economic impact is realized (Chantrill,...

Treasury and Money Supply Functions in the US

Money is a form of medium of exchange used to purchase goods and services. It is the generally accepted unit of exchange, which is used to pay for purchases. Money is created in the mint by the federal bank of the country. Thus, the government issues coins and paper currency,...

Sexual Harassment at the Workplace Issue

Introduction People work in different organizations hence they spend most of their time there. It then follows that while at the workplace, they are likely to face various ethical dilemmas. Some of them occur on a regular basis and affect employees negatively. However, there are ways through which some of...

The WTO and the Failure of the Doha Rounds

The Doha Development Agenda The Doha Development Agenda is the current round of trade negotiations that involve members of the World Trade Organization. The negotiations were launched in November 2001 in Doha, Qatar. The major objective of Doha is reforming international trade by establishing reduced trade barriers and enhancing trade...

Safety Management System Concept

Introduction According to Stolzer, Halford, and Goglia (2011), safety management system (SMS) is a business management system that is used to help in the management of safety issues in an organization. It is an effective way that helps in the identification and control of risks. One of the features of...

Orange PLC’s Organizational Behavior and Negotiation

Introduction Orange PLC Company is one of the most profitable international companies in the global business arena. The company has its headquarters in New York. The New York branch has 250 employees in the three departments of production, marketing, human resource management. To survive and control a sizable share of...

Financial Crisis in the 2007-2008 Years

A financial crisis is one of the issues that have generated a heated debate among scholars and financial analysts for years. The 2007/08 financial crisis is one of the worst that has ever happened in the global economy. Many scholars and analysts employ various models and theories in explaining the...