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In this paper, different approaches implemented for effective change and business planning were introduced. Each method reflects special techniques to introduces changes, effectively influence people, and provide a good ground for further innovations (Unit 3. Power and influence in organizational change). Covering specifications associated with personal and professional skills, given...
Introduction Without a doubt, Toyota is a trailblazer in the automotive industry. Toyota is among the leading motor corporation in the universe. It is a multinational automotive manufacturer with its main headquarters in Japan. Its production rate is approximated at 10 million cars per year (Ito, 2019). Kiichiro Toyoda established...
Abstract The GCG Group has been experiencing tremendous employee turnout due to unknown reasons. The main objective of this study was to investigate the HRM practices at the organization and their link to employee retention. The study employed a survey of the organization’s employees using closed and open-ended questionnaires to...
Agenda, Methods, and Materials Individuals that are effectively trained are more likely to be happier and more productive, which is why it is essential to consider not only the materials that must be taught but also the methods of accomplishing the training. In the workshop focusing on prospecting and buyer-focused...
Introduction “Motivation determines what employees do, how they do it, and how hard they work” (Graves & Sarkis, 2018, p. 6) Employee motivation is one of the most important aspects of a successful business. It consists of the desire of the staff to take an active part in the company’s...
Introduction Recently, the question of team management, team building methods, increasing the effectiveness of managerial communication, and cross-functional communication between related departments has been increasingly raised. The competitive advantage is the flexibility of the organization, focus on results, and the ability to rebuild depending on the current situation. That is...
Introduction The smartphone sector has gradually welcomed new competitors like Apple, Samsung, Huawei, OnePlus, and Xiaomi. These new entrants outmatch incumbents such as Nokia due to more robust product planning and design techniques. This process results in developing new smartphone variants and wide variances in technological characteristics across different companies,...
Almarai Company is one of the world’s largest manufacturers of dairy products and beverages, primarily operating in the Kingdom of Saudi Arabia. The organization was founded in 1977 and gradually expanded the scope of its services (Almarai, 2020). At present, Almarai offers a large variety of goods, including dairy products,...
Introduction Movies, series, and TV shows are some of the main ways to escape pressing problems and relax. This is largely due to the entertainment component of the content that is offered to the viewer. Netflix is one of the most famous multimedia companies. Over time, two competitors appeared in...
Summary The epidemiological situation during the spread of COVID-19 and the measures taken for mandatory social distancing led to companies’ transferring employees to work in a remote format. Despite the forced nature of such measures, remote work will remain an essential component of the post-COVID-19 world (Felstead and Henseke, 2017;...
The contemporary business environment is highly competitive and changeable. These characteristics are shared by most companies across various industries, which creates new challenges for managers. Today, leadership is to show a new level of efficacy, as the increased competitiveness and rapid pace do not leave much room for errors. Thus,...
Pros and Cons of a Theme Park in Europe Pros of building a theme park in Europe include the fact that the company would be tapping into a new market. The new theme park in Europe would enable the company to offer its services to the broader European population at...
Circular-Flow Model of Economic Activity A circular-flow model of economic activity is a model that shows how money moves through an economic system. The most common version of this model represents the cyclical flow of income between the household and corporate sectors (Tsoulfidis & Tsaliki, 2019). Households buy goods and...
Introduction The present report focuses on the financial performance of Ulta Beauty, a successful cosmetics brand from the United States. This company has managed to balance the externally attractive and attention-grabbing displays with ongoing revenue sources and employees’ best interests. Ulta Beauty has identified the priorities of American women purchasing...
Rose partyware is a wholesale dealer company that specializes in dealing with paper goods, including table cloths, napkins, and bowels, among other things, buying in large bulk and selling to the end retailers. It is the leading company in the US dealing with such products. Its reputation has been built...
Executive Summary This report takes a participatory approach to better to comprehend the executives and assesses the Washington University School of Medicine and how nurse case management should advise patients about advanced directives. Patients benefit from the Nursing Unit Administration Agency’s optimal educational experiences. To safeguard the patient’s safety, they...
Introduction The rational use of team resources as tools to achieve the assigned tasks is an essential criterion for effective leadership. The adequate organization of the operating regime contributes to the achievement of the assigned tasks and strengthens group productivity. However, in the process of teamwork, due to individual constraints,...
Introduction In today’s business world, the most effective way to achieve a competitive advantage is to strive to produce more with less. The core of this process is primarily attributed to technology. However, this can only be realized if there is a cohesive strategy in place that envisions creativity. Otherwise,...
SWOT Analysis of Uber Strengths Uber appears to be an unsinkable company whose brand is so recognizable that the company’s services will never completely go out of use. Despite its low financial performance, the company is one of the key brands in the world, which is one of its strong...
Introduction BMW (Bayerische Motoren Werke) is a German company that specializes in manufacturing and selling automobiles and motorcycles. The company was established in 1916 and initially focused on manufacturing aircraft engines, later expanding to producing motorcycles, farming equipment, and automobiles. Vehicles produced by the BMW company are acknowledged by customers...
Summary Superdry is a UK-based company of clothes that operates in multiple countries all over the world. It has multiple resources and capabilities that create customer value and provide competitive advantage in the modern business environment (Week 9 Internal analysis: identifying resources and capabilities, 2020). They include strong multi-channel capabilities,...
Annotated Bibliography Berman, B., & Thelen, S. (2018). Planning and implementing an effective omnichannel marketing program. International Journal of Retail & Distribution Management, 46(7), 598-614. The article strives to highlight the difference between multichannel and omnichannel marketing from a retail perspective and examine marketing features related to these approaches. The...
Competitive market oligopoly In a competitive market, utility maximizing consumers and profit maximizing producers freely determine prices and the point where an equilibrium price is charged for quantity supplied, which is equal to quantity demanded (Kolmar, 2022). Conversely, oligopoly firms act like monopolies by together deciding to hold down the...
Summary Coca-Cola is a global company for soft drinks that sells its products to over 200 countries. All their branches have similar marketing strategies to meet the company’s goals. Coca-Cola engages in proper market analysis before engaging in the best marketing strategy. It also uses gender segmentation to reach its...
LG’s market entails business users and consumers who are interested in drying and washing clothes conveniently within a short period. The company’s specific targets include launderers, guest houses, families, hotels, and boarding schools. Customers make their buying decision depending on wash and dry, and wash only functionality. Increasing competition in...
Companies of various industries regulate competition and the quality of products by collaborating in different ways. Such strategies as acquisition, merging, and downsizing help firms achieve their growth goals and improve overall production. Modern markets develop due to technological progress and globalization, and producers’ optimization helps fulfill the demand (Shook...
Intervention Overview The organization that requires intervention is a public service laboratory involved in food testing. The institution is experiencing a period of stagnation in terms of development, productivity, and outcomes. Moreover, the laboratory’s efficiency is rated as below the expected rate, which negatively influences the competitiveness of the market...
Introduction The successful work of any organisation and its ability to attain outlined goals depend on multiple factors, external and internal ones. However, the work of specialists or employees is viewed as the fundamental component of all units as they are the main performers and contributors. The aligned work of...
The scope of the service provided – rental or “flight” on the British Airways London Eye Ferris wheel reflects the high level of repeatability of the service. The attraction per day can provide a service to a sufficiently large number of people, and each service provided is not unique for...
Introduction The notion of the government’s role in a country’s economic growth is relatively recent. D’Anieri (2010, p.246) asserts that changes in a country’s economy were perceived to result from natural calamities. This means that there is nothing that the government could do in order to influence economic growth. However,...
Introduction Discussion Economic theory points out that one significant factor describing differences in interest rates on different securities may be a variance in the time duration before securities mature. The term structure of interest rates can be explained as a relationship between the terms of securities and their market rates...
The main objective of a free economic system is to utilize the resources of the country in such a way that production of goods and services out of the available resources may be optimal. In essence, an economic system is characterized by supply and demand of commodities which may be...
Introduction The sphere of economics is one of the most difficult sciences for mankind. Nevertheless, scientists do not abandon their attempts to study this system, using a variety of tools that increase the effectiveness of research. A coefficient was chosen to analyze the economic situation in different regions called the...
Introduction Employee education and training are vital and inseparable parts of any company’s development. To keep in pace with the demands of customers and the constantly changing, innovative setting of the global economy, an organization must learn to adjust and improve its human resources. For Gucci, the process of training...
Current Macroeconomic State Mexico is considered a top-tier economy by gross domestic product (GDP) with a significant dependency on US public policy. In fact, the nominal GDP for the year 2021 was $ 1.170 trillion, which is nearly the 15th position in the world list. At the same time, the...
Correctional facilities can prevent unethical behavior in the workplace by hiring people whose primary motivation is not personal gain, giving satisfactory wages, encouraging workers to develop professionally, training staff sufficiently, implementing an ethics code, rewarding positive changes, punishing violators of ethics, and adopting external review processes. Although ethical frameworks have...
Introduction In 2020, the world experienced a serious health crisis that affected people’s health and way of living. Americans were not exceptional as COVID-19 spread faster across the country, leading to a lockdown that saw to closing of many businesses. The economy is significantly affected and continues to suffer as...
Introduction The work highlights the areas that will be covered such as Disney’s SWOT analysis and its market trend research, the objectives it had made, ways of measuring the project success and evaluating the project’s value, and the identification of the project’s metrics, timeline, and the responsible parties. Organization’s Information...
Introduction The business environment is vital to an organization’s ability to discover opportunities and gain a competitive advantage. Companies that regularly analyze their surroundings and implement appropriate business operations increase their performance and remain successful in the market for a longer time (Teece, 2018). The analysis of internal and external...
Introduction Continuous development and improvement are the basis for the viability of any organization. Changes can occur in response to external challenges and internal problems and maintain the company’s competitiveness. The health sector is very dynamic, and its changes affect many people – employees and patients. For change to take...
The main point that the reader should draw from this article is the special perception of doing business as a mobile model that always exists in its context. At the very beginning of the article, the author presents a number of facts that have been scientifically clarified only in recent...
PESTLE Analysis The present section aims at utilizing the PESTLE framework to analyze Disney’s external environment. Political Environment One of the primary forces that affect Disney is the growing trend of strengthening intellectual rights protection laws and treaties (Lee, 2019). Improvement of intellectual property regulations is considered an opportunity. Improved...
Introduction Working relationships in an organization are vertical and horizontal connections between individuals and groups operating within the company. They affect whether the company’s projects are efficient and coordinated. The powerful organization depends on understanding several important concepts: specialization of work, command chain, authority, delegation, range of control, and centralization...
Introduction Most organizations are guided by their vision and mission statements, the objective of improving their image, and their control over the market. The objectives of the majority of the organizations are to promote profits and deliver quality jobs without overworking their employees. Employees’ welfare is paramount to the success...
Introduction Starting a small business is a challenging endeavor, requiring preparation and planning. Most commonly, successful businesses have a business plan in place to help entrepreneurs be ready for the future, have a path for development, and estimating costs. This paper will examine the various key components to a business...
Introduction The Algo Centre Mall collapsed at around 2 P.M on June 23, 2012, and brought the nation and the local community to a standstill. The collapse led to the death of two women and the injury of around 19 other individuals. Rescue operations commenced immediately but had to be...
Introduction The manufacturing process has seen a variety of changes and alterations throughout the years. With the introduction of newer technology and practices, the general goals, aims and methods, and the standards of what measurements are used to regulate operation have also shifted. Traditionally, the cost efficiency of production spending...
Code of ethics is an important part of every organization. Its primary purpose is to lay out acceptable behaviors and rules that all professionals should follow in their career paths. It also acts as a principle that helps specialists run business activities with honesty and integrity. There are various associations...
Introduction Today society is filled with the obsession with promoting a self-image of beauty and perfection. Individuals take extreme measures to reach the goal of a flawless body; however, with so many innovations, beauty can be accomplished with no surgery, a balanced diet, and exercise. “Beauty Sculpt for You” is...
Introduction The topic of leadership has become exceptionally popular in the last couple of decades as more research surrounding the subject was being released. After all, whether a leader is good at what they do or not can make or break any chance of success any company has, even the...
Summary In 60 years, the United Arab Emirates (UAE) has transitioned from a precarious economy to an innovation-driven economy highlighted by a mass consumption society. Wise policymaking by the UAE Government was critical in giving appropriate advice on how, where, and when to deploy hydrocarbon income and facilitating the highly...
Introduction Communication — the transmission of information and meaning from one party to another, is an essential competence of a manager. It is necessary for a manager to know the difference between the various modes of communication and have the ability to choose the optimal mode depending on the circumstances....
Good leadership is the backbone of the success of any company. Through it, a company’s management can set and achieve challenging goals, outperform the competition, and make a stand on the decision necessary for the company and the workers (Kjærgaard & Meier, 2021). The Pear company has implemented good leadership...
The book written by Robert Kiyosaki, “Rich Dad Poor Dad,” introduces a narrative involving two of his fathers. The first one was his biological father, who was a poor dad, and the second one was the author’s friend’s father, who had the role of the rich dad. The main idea...
Marketing Communications Building a productive image in the marketplace is an important task that small and large companies aspire to actively. Over the decades, innovative advances in consumer communication have become valuable developments that have improved marketing efforts, thereby creating customer-integrated services (Finne and Grönroos, 2017). Distinctive tools for interacting...
Introduction Many organizations across the world have invested in various innovation activities to meet the current trends. However, various risks are associated with different innovation activities. As a result, the companies have adopted risk management techniques to minimize or prevent the impact that can affect the business negatively. Therefore, risk...
Summary of Articles “Infrastructure Spending Has the Maximum Bang for the Buck” (2021) The article is based on a media interview where Chief Economic adviser Krishnamurthy Subramanian talked to Joe C. Matthew and Rajeev Dubey about economic growth. According to Subramanian, to reduce overall macroeconomic uncertainty in a country, the...
Introduction Every investment opportunity requires capital funding for it to succeed. When an entrepreneur seeks financing from an investor, the money can be given in the form of debt (bonds), equity (stock) or a combination of the two (Bellavitis et al., 2017). Businesspeople use the funds to meet the capital...
Professionalism ideally refers to the code of conduct in a given career. Teamworking is a coordinated duty execution while acting as a group under the leadership of one person. Without a doubt, most people think that communication is just the passage of a message from one person to another. In...
Executive Summary Global entrepreneurship is a major sector in the world of business and economics. Entrepreneurship provides new markets, jobs, and new product and services to different societies. Entrepreneur go beyond geographical boundaries to pursue their strategies/plans like investing. The international business sector has however faced some issues that hinder...
The linear economy is founded on the principle of preventing waste by transforming natural resources into energy. When items are made and then thrown away as garbage, the environment suffers. Although recycling is well-established in our culture and efforts to improve resource efficiency are encouraged, efforts to ignore the limited...
Introduction Change has become an essential part of modern-day organizational management. Changes occur when the organization is somehow flawed or there is a need to expand, improve, or transform (Caruth & Caruth, 2018). Unfortunately, almost any change is naturally met by resistance and opposition to the introduction of new ideas...
Introduction In Australia, the companies that are in the business of producing and selling bikes, are utilizing digital platforms to help them carry out their operations. This does not mean that all of them have accomplished that. Those that have not yet established an online presence, are either outsourcing the...
Introduction Supply chain management is an integral part of any business, and even small independent coffee shops such as Wild Dog Coffee Company have to engage in it. According to researchers, supply chain management promotes the integration of businesses with other value chain actors in industries to meet the fluctuating...
Summary Working capital is a special financial metric that is calculated from the difference between the fixed assets of the company, that is, those outside the turnover and the financial obligations of the company. A company’s liquidity is usually measured in terms of the company’s ability to pay off short-term...
Introduction Sports teams, as well as business companies, depend on marketing strategies and public relations that attract investment from viewers, fans, and sponsors. Simultaneously, the development of technology and the pandemic situation force businesses to rely on e-marketing strategies to retain their customers. Thus, this paper will analyze the Medicine...
The company’s success, dictated by its employees’ professionalism, always leads to expansion sooner or later. The expansion implies more jobs, and the transfer of experience in this situation is necessary to maintain the company’s growth rate. Support not only for operational, and financial, and reputational activities directly depends on the...
Abstract Every competitive corporation is founded on an influential organizational culture. For this reason, many companies are concentrating on organizational theory to develop attractive workplace settings that back their short-term and long-term objectives. This approach has resulted in a wide range of corporate practices, leadership styles, and project management techniques....
Purpose Statement A risk management program is one of the practices that can significantly enhance the functioning of a medical facility, helping it to advance its strategic safety and quality goals. Best practices of risk management programs assist in preventing problems with patient records and administrative systems, thus, preventing deteriorations...
Introduction The present essay focuses on the business-level and corporate-level strategies of Amazon, the largest marketplace in the world. This way, the paper analyzes how this company gains competitive advantages and generates the value of the provided services. In addition to that, the essay compares the strategies of Amazon and...
Executive Summary To understand and assess the performance of financial markets and characteristics of capital distribution, it is necessary to compare the properties of several countries, Britain and Russia, in the case of this study. The purpose of the report is to examine the indicators critically and make investment recommendations....
Law of One Price and Purchasing Power Parity The modern context of the world economy accounts for significant varieties in the standards of living and economic stability across the world. The currency exchange rates and inflation demonstrate some evident disparities in the states’ economics and stability. Hence, while it would...
Introduction H&M shops are a popular stop on the shopping itinerary for many students and other young people in Europe and around the world. The company is well known for its competitively priced, fashionable clothing and attracts the world’s most renowned fashion designers. H&M is aggressively expanding internationally; after the...
The study of the economies of countries and their development trends is of particular value. Hence, such information can help in the formation of a more effective policy in this area. The article under study highlights openness to trade and investment as the main driving force of the development of...
One of the most important aspects of a company’s success is its finances. When finances are orderly and stable, a company is able to generate profit efficiently, expand the value of original investments, and simultaneously compensate for liabilities (Myšková & Hájek, 2017). Financial analysis and financial ratios are used to...
Introduction Elon Musk is the founder of SpaceX and CEO of Tesla Motors. Over the past decade, he has become an influential figure in the world, drawing his status from the exceptional entrepreneurial skills he possesses (Aiello). Musk is a social media sensation across the globe with millions of people...
Transport is a mean of meeting needs through the transportation of goods and passengers. Transportation and logistics are part of economic activity associated with increasing the degree of satisfaction of people and entrepreneurship by changing the geographical location of goods and people. From the financial point of view, these concepts...
Resistance to Consumerism I resist ‘typical’ consumer behavior by making shopping lists and thinking about whether I need this or that thing. I noticed that I could sometimes succumb to bright and intrusive advertising, making me make impulsive purchases. These purchases are the core of excessive consumerism, within which there...
Accounting policies and methods used by BMW Group and Daimler BMW Group and the Daimler companies use revenue and expenses recognition-revenue where the customer receives the goods and expenses recognized as soon as they are incurred (BMW Group, 2020; Daimler AG, 2021). Furthermore, inventories of goods for resale, supply, and...
Introduction Civil aviation has become a multi-billion industry over the last decade following the growing demand for air transport. According to a report released by the Federal Aviation Administration, civil aviation impacts were $1.8 trillion in economic activities and over 10 million jobs created, resulting in $488.2 billion in earnings...
Introduction The federal minimum wage is a contentious socio-economic and political issue that has been debated since America entered the modern historical age. The first minimum wage was established at the state level as far back as 1912, but it was not until the policies of the Great Depression that...
Introduction In 2021, the FASB and IFRS, the institutions that formulate the standards and framework for financial reporting in the United States and globally, released several significant updates. Notably, the FASB is the central US regulatory body responsible for setting financial reporting standards for all types of businesses in the...
Introduction Ikea is an international business company that deals with the sales of furniture products. It is a well-known retailer following its competitive ability of ready-to-assemble technology. The corporation has overseas stores and operates in over 29 countries across the globe. The emergence of new markets and the need to...
Introduction The ongoing pandemic has a significant impact on all countries’ macroeconomic situations, and one of the areas, which can be used for examining the trends in this field is unemployment. The significance of this topic is conditional upon its universal nature alongside the availability of substantial data, allowing to...
This paper contains strategic questions, which are to clarify the most critical areas of activity for the company. The substantiations are given why it is necessary to pay special attention to the indicated aspects. The essential conclusions about the company’s current position, revealed by the results of the SWOT analysis,...
Introduction As the world has become a global village and globalization has become a norm in today’s society, so has travel gained significance in people’s lives. Technology has enabled the introduction of various modes of transportation as air travel gathers considerable attention, especially for long distances. For this reason, there...
Introduction The beginning and fast spread of the coronavirus pandemics led to a variety of negative consequences, including economic, political, and public health issues. In response to the economic decrease because of COVID-19, the government of the Philippines introduced a Bayanihan to Heal as One Act that is supposed to...
Introduction Nowadays, humanity more and more profoundly understands such concepts as freedom, morality, equality, and prejudice. However, these concepts are controversial and complex, thereby, some difficulties appear when one deals with freedom. It is due to the efforts of all parties to prove their case, but at the same time...
The notion of financial ratios refers to the coefficients that are calculated considering a company’s financial statements data. Financial analysis is conducted to evaluate the overall performance of a business and the efficiency of its financial operations. The present essay elaborates on the purpose of financial ratios, discusses the strength...
Introduction Popularizing strong roasted coffee, Starbucks has established itself as the brightest representative of the “second wave” in the US coffee business. Starbucks’ marketing system is among the most well-developed ones in the world because its strategies are based on building an atmosphere of wholeness at every level. Even though...
Introduction Failure to report for duty is a serious breach for every member of military service. It includes such offenses as absence without leave (AWOL), desertion, and missing movement and implies strict sanctions for each of them. In exceptional cases, as during a war, even the death penalty can be...
Introduction Samsung is a South Korean company that consists of multiple affiliated businesses. As of 2020, it had the eighth highest international brand value. It was founded in 1898 by Lee Byung-Chul as a trading company. Three decades after founding, the group diversified into other areas, including insurance, food processing,...
Introduction In today’s world full of innovations and modernization, companies need to choose the right management style and analyze available resources and opportunities. Each organization has its leaders and managers who work properly according to the established goals, missions, and visions. People prefer to use different business trends, and Facebook...
Introduction Globalisation, digitalisation, and the COVID-19 pandemic are some of the most impactful causes that continually force organisations to adapt to contemporary realities. This phenomenon primarily concerns technological advancement and associated challenges; however, innovative leadership frameworks and theories of organisational behaviour also imply the necessity of change. Nevertheless, many people...
Abstract Coca-Cola is a large international company that owns several brands in the market of non-alcoholic carbonated beverages and produces and sells its goods on a global scale. Its recent market performance in Ethiopia has become a trigger of significant legislative, economic, and ethical concerns for the international community. The...
There is a belief that effective leaders have to think of and implement the best strategies to make the companies meet their goals and also be reserved and extremely serious, especially in public. Otherwise, leaders who are quite emotional or can demonstrate their unusual hobbies or passions may be seen...
