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Walmart and Amazon have become synonymous names in the U.S. following their innovative retail industry strategies. These two companies’ successes can be attributed to how they have changed the way people go shopping (Cho & Volpe, 2017). Amazon has an interactive website that ensures a good customer experience in product...
Microsoft Corporation is a technology syndicate which manufacturers, progresses, and authorizes computer software and other application. World-renowned business mogul Bill Gates founded this consortium along with his colleague Paul Allen in 1975 (Kozlovska & Vinnik, 2017). Initially, its establishment started as a well-known mainframe computer encoding languages used in earlier...
Introduction The Coca Cola Company is one of the biggest companies in the world. The company has manage to overcome several market forces for several decades in the beverage industry. This firm has been able to manage the increasing competition from various firms around the world, and is currently the...
Introduction International Business Machines (IBM) is one of the global companies engaged in various business processes particularly in the manufacturing of information technology products as well as offering related services. The major products that the company specializes include the production of software microchip systems, the IT hardware as well as...
Executive summary Jarir Bookstore is the leading distributor of stationery and electronics in the Middle East region. The firm was established in 1979, as a family business. The firm has experienced a consistent growth over the past decades. It is now the leading retail store for books and electronics. At...
In the present day, the Coca-Cola Company may be defined as one of the biggest, fast-growing, and constantly developing international beverage companies in the world. The first Coca-Cola drink was created by Dr. John Stith Pemberton, a local pharmacist from Atlanta (“Our company,” n.d.). On May 8, 1886, He produced...
Introduction New institutions are often faced with the problem of selecting the accounting standard to use. If an institution decides to use the International Financial Reporting Standards (IFRS), it faces a challenge of deciding on a suitable accounting policy to adopt. Apart the challenges faced by a new company, existing...
Overview of the Accounting treatment of Consolidation under US GAAP With accelerated globalization as evidenced in recent history, as well as, the number of multinationals and conglomerates on the rise, accurate means of financial reporting for business combinations is direly needed. Subsidiaries operating in foreign countries face entirely different market...
Introduction Management accounting is simply the easy presentation of accounting data to managers so that they can make informed choices regarding the companies they are running. What management accounting is today is different from what was in the past. However, there has been a major debate on the extent in...
To improve employee productivity, employers, through their Human Resources departments, are increasingly sponsoring employee assistance programs (EAPs) which are designed to detect and solve common employee problems including stress, health, alcohol or drug abuse, clinical depression, family, financial, and various other personal matters. EAPs provide access to health care professionals...
Core Principles for Business Process Reengineering Business Process Reengineering (BPR) refers to the redesign of some of the business processes to achieve significant improvements in key areas such as cost, output, speed, service, and quality. BPR is aimed at cutting down on costs and reducing redundancies in processes. Companies that...
Introduction Management is aware of upcoming changes in the workforce associated with the layoffs and retirements of several employees. In this regard, there is a need to develop a detailed plan for recruiting new professional pilots to work at Southwest Airlines. The presented proposal includes advice on hiring sources, the...
Making Good Management Decisions The topic of substance use prevention and, in particular, minimizing the impacts of second-hand smoke on children, is an urgent social problem raised in the framework of the proposed intervention model. The program for implementing the necessary steps includes a number of objectives to be achieved....
Industry Overview Apple Company is a renowned corporation that was initiated in 1976. It operates in the electronic industry that has shown remarkable growth. The growth is attributable to the increased demand for electronic products. This is due to their effectiveness in driving commercial and social activities. As noted by...
Executive Summary Sturm, Ruger & Company is a firearm manufacturing company founded under the partnership of William B. Ruger and Alexander McCormick Sturm in 1949. Its initial establishments were Southport, Connecticut in which the pair rented a small machine shop. Bill Ruger was lucky to have previous knowledge on firearms...
Executive Summary JetBlue is one of the leading low-cost carriers in North America. The firm was founded in 1998 and it started its operations using the brand name, NewAir. In this paper, the focus was to analyze the hybrid business model that the company has been using in this industry...
Introduction SimVenture Evolution is an online program offering a functional, interactive business practice. It provides participants with the ability to use and learn fundamental economic theories. SimVenture allows them to manage a bicycle manufacturing company in a simulated market. The organization structure contains four departments with related resources, such as...
Introduction The automobile manufacturing industry is a highly competitive and consumer-driven sector of the economy that has developed significantly over the past decades and has experienced a significant decrease in sales in the past two years. The Ford Motor Company was founded in the 1910-s and was one of the...
Brief Background Information Founded in 2006 and headquartered in Stroudsburg, PA, the group, ESSA Bancorp, Inc., is a financial company incorporating two subsidiaries ESSA Bank & Trust and ESSA Advisory Services LLC. The financial holding company is a fully chartered savings association currently led by Gary S. Olson, the group’s...
Introduction The art of selling and marketing goods requires many skills in analyzing your products, markets, and key niche selling points for a specified product. Customers need to understand the product sold and business owners need to understand the needs of the customers. As a result, a product should be...
Introduction Management and motivation of employees is a very instrumental aspect that should be emphasized in every organization. This is because the employees are very essential in the process of making other resources in an organization to yield profits through manipulation. Management is the act of getting things done through...
Introduction Management is normally a complex issue and the management style of the workplace usually determines the outcome. Technical proficiency especially for those working in IT firms is associated with competence and trust between the staff and the management. This paper examines management and motivation ways that can help increase...
Culture Organizations do not operate in vacuum; however, diverse environments such as the social-cultural environment influence their operations. One of the ways through which the society directly influences organizations is through employee recruitment. In a bid to attain a high-level competitiveness with regard to human capital, organizations incorporate the concept...
Researchers and practitioners can provide various definitions of such a concept as yield management. While explaining this term, they can focus on its various dimensions; this is why there are many interpretations of this notion. Initially, yield management was applied for the needs of airline industry; this is why some...
Introduction Eurostar International Limited, commonly abbreviated as EIL, is a railway company that operates the international Eurostar train services between London, Amsterdam, Brussels, and Paris via the Channel Tunnel. The business was initially managed by three different organizations in the United Kingdom, France, and Belgium. However, the above-mentioned governance structure...
Introduction Most organizations in the contemporary world have a diverse workforce. Workplace diversity refers to the differences that can be identified among the employees of an organization. Employees differ in terms of age, culture, gender, personality, education, race, and experience. The factors that drive workplace diversity include globalization, changing demographics,...
Introduction Resource management in the organizational approach for operations must always tackle efficiency issues. As highlighted above, human resource management attributes of the organization determine the level of motivation that the employees and management teams embrace in the discharge of their duties. In the globalized scenes of the labor market,...
In the case of Superbrand’s work organization, there is visible pattern which includes promotion of services and goods through its own employees. Such method indicates that company’s type of organizational behavior is leaning towards social communicating, encouragement and training. There are two key factors that demonstrate social system: enhanced training...
There is no need to stress the fact that a product must be designed to meet the customer’s needs in the first place. However, at the end of the day, it is very hard to combine an efficient design with maximum functionality. In their attempt to please the audience, Google...
Major online retailers, such as Amazon and Walmart, have recently started leaving customers with purchases they would like to return to the store – and simply refunding them without asking for the item back, the Wall Street Journal reported (Kapner & Ziobro, 2021). When trading online, the cost of returning...
Introduction Exposure is a defined as a measure of the change in the value of a financial item such as a liability, asset or cash flow, to changes in the relevant risk factors. On the other hand risk is defined as a measure of variations in the item’s value in...
Definition of the Problem Introduction Risk management (RM) has been defined as the process of “planning, organizing, leading, and controlling the activities of the organization in order to minimize the adverse effects of accidental losses on that organization at reasonable cost. Risk avoidance involves eliminating all losses associated with a...
Abstract Credit risk is a common banking risk. Banks always strive to avoid this risk by adopting sound credit management policies. There are numerous examples showing the impact that poor credit risk management has on banks. Indeed, many banks, have been rendered bankrupt, liquidated and at best, lost their credibility...
Introduction Generally, the term fraud is used to denote any deliberate act or omission intended to deceive others. Such an act or omission enables the perpetrator to achieve a particular gain, while the victim suffers a loss (Singleton & Singleton, 2011). The concept of fraud is, therefore, an expansive legal...
Mobile applications have revolutionized the way people use services; they have facilitated this process by making certain products more accessible for those segments of the public who could not afford them earlier. The taxi industry has not been an exception, currently, there are several competing companies in this sphere, but...
Introduction Merck and Co. Inc. is considered one of the largest pharmaceutical companies in the world market. It is a multinational pharmaceutical company involved in discovering, developing, manufacturing, and marketing drugs for both human and animal consumption (Merck & Co. Inc., 1999). Most of the products from Merck are used...
Introduction Modern businesses are having trouble when ensuring that their interests coincide with those of other entities including citizens, future generations, and the environment among others. Consequently, companies are expected to take direct responsibility for the impact that their operations have on the environment and society at large. The main...
Changes to Sarbanes Oxley Act Twelve years ago, finance embezzlement at numerous companies destroyed the picture of USA capital market. This caused financial problems to investors, pensioners, financial market, and communities. As a result, some firms went out of market leading to destruction of the confidence people had in financial...
Maintaining an ethical stance in business decision-making is an excessively challenging task used to the pressure of multiple factors, including high competition rates, the presence of organizations that bend ethical standards, and other adverse influences. However, adhering to principal ethical values and practices is central to running a successful business...
Introduction KPMG is a company consisting of professionals who provide tax, audit, and accounting services. It has recently been implicated in two major scandals, which resulted in fines being paid by the firm. Since KPMG wanted to score highly in the Public Company Accounting Oversight Board (PCAOB) inspections, some of...
In most companies, many of the marketing strategies concentrate their attention on origination, development, realization, and popularization of a unique, original and successful brand. The creation of such a brand requires quite a lot of research in different areas to make this brand memorable and popular. It has been established...
Introduction Solid waste management is the most significant environmental challenge that is faced by most cities around the world. The production of solid waste keeps on growing with population growth (Subramanian, 2000). Sustainable measures to curb this menace and move towards environmentally friendly practices have evaded us. Plastic bags are...
Executive Summary The present paper conducts an external and internal analysis of McDonald’s corporation to identify strategic issues that can influence the financial performance of the company in the future. The analysis demonstrates that the company will experience uncertainty in the nearest future due to rising awareness of the environmental...
Background The formal report under consideration is going to bring the results of the measures taken at the Company Technical Communications, Inc. to increase the sales rates of the company and improve the working conditions of the staff. These two points were chosen for the study as far as the...
Executive summary Understanding an industry or sector business environment is important to the success of any company or business venture. A business, therefore, needs to formulate its strategies based on the existing conductions within that industry. Tesco plc operates in the retail industry characterized by stiff competition from big and...
Royal Dutch Shell is operating in a highly competitive business environment. Headquartered in The Hague, this British–Dutch multinational oil and gas company has been keen on expanding and protecting its market share both in Europe and the international market (Kumar, 2019). In an industry where competition is considerably high, customers...
Introduction Most people have used e-business and e-commerce interchangeably, though the two have separate notions. Electronic- commerce ICT is employed in transactions among various organizations or businesses and extends to transactions of business-to-clients. Contrary, in e-business, ICT is used in enhancement of individual businesses. It is composed of businesses that...
Informal organizations are increasingly becoming common in modern organizations when managing a group of experienced and highly talented employees who need little supervision. In such a setting, the entity is not operated under written guidelines with a clear chain of command and guidelines (Burnes & Jackson, 2011). Instead, the company...
Culture, leadership, and technology are modern forms of control in an organization. According to Knight and Parker (2019), culture has emerged as an important tool that defines how people act towards one another, customers, external stakeholders, and when undertaking tasks assigned to them. Culture refers to “shared values, beliefs, customs,...
Abstract The recent earthquake in Japan and the resulting nuclear crisis were reminiscent of how disasters can occur without warning. The volcanic eruptions in Iceland, terrorist attacks, and power outages resulting from floods and earthquakes are further examples of how disasters can adversely reduce the efficiency of a supply chain....
Introduction This research shows that American companies have not prepared their management teams to handle transgender employees. It draws from existing studies with a specific focus on gays and transgender employees in the workplace. The general population has often misunderstood and disregarded transgender and gay people in the community (Burgess,...
Important Background Information Lean Six Sigma is an evidence-based practice that utilizes data in order to drive organizational improvements and ensure that the vast majority of defects could be detected effectively. One of the essential venues related to this methodology is that Lean Six Sigma is centered on customer satisfaction...
Introduction Ethics plays a vital role in terms of helping accounting professionals to cope with the people who rely on the services that they offer. People who rely on the services that accounting professionals offer expect the financial statements of their firms to be dependable and free from bias (Mason,...
Introduction Business administrators continuously work on the improvement of human resource strategies since they are vital for the long-term sustainability of an enterprise. Their intention is to develop an HRM model that can improve the performance of companies and increase employees’ satisfaction with their work experiences. Various scholars argue that...
Abstract This essay discusses the application of Business intelligence into running a business. There is a brief description of business intelligence and a historic overview. The objectives of the essay are establishing a correlation of the data collected and the science of business application and the success of a business...
According to Kristin Anderson and Carol Kerr, the sole aim of a business is to create customers; the two business management experts and book writers have brought the concept of maintaining customers that a company has as it enlarges its customer base. Customer relationship management (CRM) is a strategic management...
Step I The purpose of this SWOT analysis is to provide prospective investors with an accurate overview of the current status of GSK through an evaluation of the key internal and external factors affecting the company. This paper aims to present the most crucial information about GSK in a condensed...
Defining Leadership: Key Insights The significance of leadership can hardly be overrated. People have been searching for years for the tools and strategies that help become a successful leader, as the specified skills can be used in not only professional but also personal life. Despite the common misconception, leadership qualities...
Susan The strengths such as “humor” and “teamwork” are extremely valuable for any manager, but Susan’s decision to leave them as they are is not a clear-sighted one and can potentially negatively affect her success. When people undergo an assessment, they often tend to make incorrect assumptions about their most-developed...
The increasing turnover of nurses in hospitals is one of the major problems that policy-makers and administrators because many medical institutions are significantly understaffed (Hauch, Griffin, & Fitzpatrick, 2011, p. 269). As a result, these organizations cannot ensure the highest quality of patient care. In the future, this shortage can...
Introduction Strategies in business present companies with a defined plan of action, which allows them to gain a competitive advantage. All successful strategies must be centered around the question of what an organization has to do to win in its given market (MindToolsVideos, 2014). Every company willing to stay competitive...
Hypothetical Work Problem: Rationale for Problem Analysis Understanding the benefits of cooperation and successful communication is essential for favoring a healthy environment within an organization, particularly when it comes to patient safety and quality of treatment. Therefore, a lack of effective collaborative techniques, as well as reluctance of the staff...
The Company’s Financial Forecast The objective of Ford Motor Corporation is similar to that of other organizations, which is the minimization of profit in order to maximize financial performance. The firm reduces its incurred costs by utilizing cheap but quality raw materials including training of its staff. The performance of...
Introduction This essay contains an overview of Blackberry Company, horizontal analysis, ratio analysis, recommendation, and conclusion. Income statements and Balance sheets for three years (2010, 2011 & 2012) have been used to file the analysis. Discussion of the importance and meaning of horizontal analysis together with the negative or positive...
About Cummins Inc Cummins Inc is a multi-billion dollar diesel engine manufacturer that started its journey in 1919 from Indiana, USA and now it is a global giant in at least four business areas like engine, power generation, and distribution power tools around 190 countries with 44,000 employees and 6,500...
Introduction There have been some major financial crises in the world in the recent past. The crisis is the European Monetary System that occurred in 1992-1993, The Mexican crisis 1994-1995, the Asian crisis 1997-1998, and the recent global financial crisis 2007-2009. The recent financial crisis has affected international trade. The...
Case Study 1: A Student Dilemma Helen’s responsibilities As a prospective accountant set to achieve the highest academic honor in accounting, Helen Kanell has a great ethical responsibility to the accounting department and the university. The accounting and university departments expect students to adhere to professional ethics to enhance not...
Introduction The concept of e-business has evolved with the development of networking and the Internet. The concept is not so much of a deviation from the conventional mode of business transactions, except that the internet is used primarily as the medium for transactions. There are several e-business models that have...
Introduction A hotel is an establishment that provides basic accommodation at a fee for a given time. Here, clients may rent the accommodation facility to use for their own leisure and freedom. The accommodation facility may come with a bed, a wardrobe, a bathroom and a relaxation stand. Some products...
The health microchip will have an extensive set of potential partners and customers. The former will include medical organizations (hospitals, clinics, centers), insurance companies, the military, and individual doctors. The cooperation will extend to pharmacies, which the application will recommend, IT developers, and investors. The key activities will involve fundraising,...
Introduction The given report will primarily focus on a digital advertising campaign for an online sports nutrition store, Nutrishop, proposed by a consultancy firm DigMar. The general approach is utilized throughout the process is based on a proper combination of email marketing and social media marketing. In order to properly...
Context and background on the campaign WIC’s programs were established to encourage infant care. The campaign started in the year 1972 (Kirby, 2003). As such, the promotion was aimed at offering financially deprived women, infants, and young teenagers diet teachings, supplemental foods, and suitable health services. WIC’s reputation has facilitated...
Introduction Sony is a multinational corporation that was established as a telecommunication engineering firm in 1946 by Akio Morita, Masaru Ibuka, and Tamon Maeda. The firm began by producing the first Japanese tape recorder in 1950 and has grown over time to diverse its lines of production to include various...
Marketing strategies are essential for businesses in providing a sense of direction and promoting effectiveness. Also, marketing strategy may refer to the planning of marketing key initiatives that encompass the overall objectives of an organization. Additionally, marketing strategy plays a key role in identifying the exact point and time where...
Introduction Holiday Inn remains one of the most recognized multinationals in the world offering hospitality services. The company is a subsidiary of the British InterContinental Hotels Group (IHG) that offers hotel services worldwide. According to statistics from the IHG, Holiday Inn serves over one hundred million customers annually while hosting...
Introduction All businesses work in the same environment, which is connected by numerous global forces. Some of them have a direct impact on an organization’s activities, others are passively affected, but all of them have to be considered for marketing to be successful. The aspects of business-customer relations are diverse...
Companies are moving from the simple sale of goods to the implementation of services in addition to the main product. However, these services must be correctly implemented, taking into account marketing principles. This paper aims to apply this theory to the implementation of consumer services in the fictional company Environmentalgear....
Introduction In the workplace, moral guidelines must be adhered to for smooth running of any business. Knowledge of work ethics is very imperative to both employers and employees. Due to violation of workplace ethics among other reasons, managers are forced to fire employees. Firing employees is difficult task for any...
Introduction In present-day developments, the importance of human resource management cannot be underestimated in the context of any type of business, and the company Deliveroo is among the ones, which require an analysis of this aspect. It adheres to the gig economy and perceives the workers as contractors, which means...
Introduction Organizational leaders have several major duties, including ensuring the followers perform beyond expectations. Such efforts mean that employees’ performance and productivity are high. Research has revealed the links between types of motivation, for example, transformational leadership, and their effect on frontline worker performance (Buil, MartĂnez, & Matute, 2019; Weller,...
Organizations presently face diverse management challenges. Leadership inefficiency is one of the fundamental constraints confronting most agencies. The pattern is notable within all organizations, including those dealing in criminal justice. I have experienced a variety of issues as a former employee of an organization dealing in criminal justice. Ideally, several...
Introduction The goal of surveying the employees is to ascertain how well they perform at their job. This task presupposes meeting several conditions, which are necessary for the objective and comprehensive assessment. The survey structure should be multivariate with different angles of looking at the employees’ performance. Not only should...
Introduction Short-term and long-term needs are considered before stating financial goals. Swart discusses that immediate goals may include settling debts (2002, p. 11). Long-term goals put retirement funds into consideration. Short-term goals include investing in stocks or bonds. The client’s personal goals are to payoff debts, increase returns to investment,...
Introduction Operations management entails the management of resources such as humans, materials, technology, and information. Besides, it is crucial to note that operations management converts the inputs into outputs through the creation of value for commodities. Toyota Automobile Company was formed in 1937. The operation management at Toyota does not...
Executive summary This paper carries out a financial analysis of Hutchison Whampoa Limited with the aim of pointing out the financial strengths and weaknesses of the company. Financial data for the Group for five year period that is from 2007 to 2011 is used. The study is based on a...
Introduction Ordinarily, running a spa business is similar to operating a hotel business. It is, therefore, possible for a spa business to use the revenue management approach for the benefit of the customer and the operator (Kurtz 2010, p. 345). Globally, the spa industry generates close to the US $40...
The advantages of international standardization of accounting standards Scores of the national standards-setting and financial regulatory bodies have come to an agreement that various tangible advantages or benefits accrue from the implementation of the standardized international accounting principles. In fact, in fiscal 1988, the SEC clearly acknowledged this fact in...
Introduction Indisputably, departmentalization is an essential aspect of an organization, which ensures that ever there is optimal, effective, and efficient production. Every organization needs to establish a human resource department in order to ensure that employees’ needs and demands are addressed and resolved amicably. With increased and advanced technology, organizations...
Introduction Corporate governance forms part of the most crucial components in the survival of firms in different economic sectors. Different scholars have advanced numerous definitions of corporate governance. According to Swarup (2011), corporate governance refers to structures, mechanisms, and modalities through which a firm’s goals and objectives are set with...
Introduction One of the current trends in business management within most corporate organizations is the implementation of extrinsic methods of motivation in order to encourage better performance among employees. Extrinsic motivators take the form of external rewards provided by the company for meeting and exceeding the set metrics that were...
Introduction There is a need to have some accounting knowledge as long as one is a manager of a given organization since the knowledge helps in management and performance evaluation. Knowledge in accounting is important for managers, regardless of whether one is an accountant or not. Accounting deals with the...
Introduction Inventory management is one of the foundational pillars that underpin successful retail operations. Commonly, it could be explained as a process that ensures organizational capacity to carry merchandise required by the customer, while also balancing between the running out of stock or having an excess of supply (Jacobs &...
Executive summary This paper provides a comprehensive analysis of key financial ratios of Myer and Harvey companies. They are renowned Australian chain stores that design and sell homewares and electronic merchandise respectively. The aim of the study is to identify their performance level and viability. This is to facilitate the...
The dynamics in the financial market can make a company go public with an aim of raising new capital for expansion. Companies can go public either through reverse mergers or IPOs (Initial Public Offering). The reverse merger technique is common with private companies and it involves the use of a...
Introduction Accounting has often been referred to as the language of business. This is because it is through accounting that the various stakeholders are able to get the information indicating how the business is doing in terms of its profitability and financial position. This paper discusses the cost allocation process...
In the year 2000, the Dubai Financial Market was launched as a bourse in the United Arab Emirates. Over the years, the market has developed in market capitalization as well as the number of companies listed. Today, more than 61 companies are listed in the bourse. The unique feature of...
Publicly traded companies have to pay out dividends to their shareholders as a form of compensation for their investments. These dividends are issued according a company’s rewards policy, which may be dictated by various factors affecting performance. However, broadly, the term “dividends” refers to the amount of financial compensation shareholders...
As a long-time scholar, I never stop to ponder on a large number of accounting regulations in the present time. To begin with, accounting standards are directives in financial accounting. This directive dictates the manner in which firms present and prepare their financial statements. The financial statements in question include...
Introduction Financial innovation refers to the surfacing of novel types of institutions and creative financial instruments in the financial market (Noyer 1). According to Kogar, financial innovations create novel technological instruments (such as electronic cards) that enable economic agents (households and business organizations) to carry out investment activities efficiently in...
Introduction Government reporting is done through a Comprehensive Annual Financial Report (CAFR). According to Ruppel (2011), “the CAFR is built by three main sections which include: an introductory section, a financial section, and a statistical section.”On the same note, Delaney (2009) explains that, “the introductory section should have a transmittal...
Introduction The report covers the Arab Gulf Program for Development (AGFUND). It looks at the history, beneficiaries, scope, reporting, and resources of AGFUND. The report relies on principles of Accounting for governments and not-for-profit organizations. History of the Organization “His Royal Highness, Prince Talal Bin Abdul Aziz Al Saud together...
In the efforts to perform the money laundering and terrorist financing (ML/TF) risk assessment, the Royal Mail Group plc (further Royal Mail), a British-based multinational postal service company has been chosen. The company was first established more than 500 years ago and currently operates as the major mail collection and...
