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Why was the Federal Reserve created? There were chains of bank failures in 1907. Congress felt that the nation required a government institution mainly to supervise the banking system and to police the quantum of monetary supply in the financial system. Hence, Fed was established in the year 1914. What...
Introduction Organizational development is a complex process that may feature the human process, technostructural, human resource, and strategic change interventions. Nowadays, HRM specialists understand the need to align the HRM practices with the general line of organizational development and its main points. Interestingly, Toyota Motor Corporation has gone through unprecedented...
Introduction In the US, the commonly known ‘Roaring Twenties’ was used to refer to a period of social growth and exuberant expansion. However, the period came to an immediate and dramatic end in 1929 after the stock market crash. The occurrence paved the way for the 1930’s Great Depression, which...
Introduction Economic stability and complexity of the financial system are indicators of the efficiency of state management and its welfare. Nevertheless, in spite of a large number of specialists and rich experience, modern systems can be called highly developed but not perfect. Analyzing how well a modern economic structure is...
Introduction Despite the intention to create a fair and permanent working environment, some organizational changes emerge, and managers should apply various human resources management (HRM) practices to avoid conflicts and judgments. Braintrust Toys is a company that has to identify new goals and innovation strategies because of the necessity to...
Introduction Macroeconomics is a discipline of economics concerned with the economy’s overall behavior and performance. Microeconomics, on the other hand, is concerned with an individual’s, a group’s, or a corporation’s influence. In the light of Thakur (2022), macroeconomics is the branch of economics that investigates large-scale economic phenomena such as...
Introduction The retail sector constitutes the final stage of the delivery channel, thus, is highly essential. Retailers break the bulk, interact with customers directly, understand consumers’ specific needs, and help populations make crucial decisions on consumption trends. Accordingly, the retailing subdivision involves both goods and services providers. Kiosks and shops...
Introduction Numerous countries have central banks that play a crucial role in maintaining a proper monetary framework for their economies and perform a few other vital tasks. The US is one of them as it boasts a highly effective complex system of banks that perform central bank’s duties jointly. The...
Governments have a long history of overstepping their boundaries. In certain cases, the government defies the Constitution, while in other others, it defies Biblical precepts. The government has violated several biblical precepts, which violate God’s creation. Economic policies are one area where the government has strayed from biblical principles. For...
Introduction Before the pandemic, there were problems related to economic accessibility. However, now this situation aggravates the problems, but on the other hand, correspondingly, it provides opportunities for many. Many families have relocated outside the cities and the states due to the rapid inflationary costs of buying and renting. Although...
Introduction Healthcare is a significant segment of the US economy, as it is an integral part of people’s lives on which their well-being depends. Healthcare is important to the economy because of the funds’ size and the potential budgetary implications. It is estimated that the health sector accounts for almost...
Trading across national borders is a critical component of doing any business. When exchanging goods, scholars argue that many factors are taken into account. In the past, trade between the United States, Mexico, and Canada has been unevenly distributed. The hefty tariffs on U.S. exports to Mexico are causing market...
Summary The situation in the industry is considered to be in equilibrium, in which the prices for a product are set at such a level that the volume of wishes of the population corresponds to the number of manufactured products. For example, entrepreneurs are ready to supply the necessary assortment...
Investment is a complex activity associated with several substantial risks. It can be defined as a process that involves the purchase of assets that are expected to increase in value over time and provide financial returns such as income payments or capital gains (Napoletano & Curry, 2021). Several investments of...
The Motives of Brazil’s Move and Its Implications on the Country’s Economy Although most countries worldwide use a fixed exchange rate system, more and more countries have moved toward flexible currency regimes in the last decade. These states include Brazil, Chile, Mexico, Norway, Israel, Poland, and others (International Monetary Fund,...
Communication and the global trading system play significant roles in the modern world, and many countries build their relationships by creating stable trading contracts. Two or more countries usually sign regional trading agreements to place organized movements of goods and services between distant parts of the world (Chandran, 2017). Countries...
The financial market shows a reckoning hedge in terms of bank analysis and funding matrix. The crisis has engulfed the global financial systems because the great recession is at the epitome of affecting people, jobs, and savings. The lending standards in 2007 began with cheap credit incorporated with lax lending....
Importance of Understanding about GDP Data GDP is an indicator for tracking the health of an economy, which considers aspects such as a nation’s investment and consumption. Knowledge about GDP data can help to determine an economy’s status. If the GDP data shows an increase, the economy is implied to...
Introduction The U.S. is Mexico’s major commercial partner by trade volume; Mexico ranks third for the U.S. after China and Canada. In 1992, the United States, Mexico, and Canada became signatories to the North American Free Trade Agreement, designed to remove trade and investment barriers (Butler et al., 2019). Since...
Introduction The Canadian economy is experiencing specific changes that make it efficient and productive; the shifts are reflected in the prospects for sustainable development. First, explaining the essence of sustainable development in the economy is necessary. Namely, sustainable socio-economic development nowadays is one of the most critical points for the...
Abstract The fields of business intelligence and crisis management have recently emerged as crucial concerns for organizations to address. With the prolonged health crisis and geopolitical disputes in Europe, the global economy is experiencing one of the most significant changes. The purpose of the research study is to identify the...
It is important to note that foreign exchange dynamics and their associated rates are determined by a multitude of factors, which encompass various economic, political, and social aspects of nations. The most fundamental drivers of exchange rates come from the supply and demand for a particular currency, and the difference...
It is the Company’s objective to identify its material foreign currency exposures and to manage those exposures with appropriate derivative instruments or non-derivative alternatives. In general, the Company seeks to minimize the volatility of non-functional currency fluctuations on a consolidated basis. More specifically, the Company manages the volatility that non-functional...
Demand refers to the quantity of goods and services that consumers are willing and able to buy at a given price over a specific period. The underlying relationship between the quantity demanded, and the price is referred to as the demand curve. Demand is more responsive to prices compared to...
International Trade Global trade enables countries to extend their markets and get access to commodities and services that might otherwise be unavailable in their own country. Consumers are accustomed to seeing items from all over the world at their local grocery stores and retail outlets in today’s global economy. Consumers...
This study is devoted to the Philippines, namely, considering such phenomena as urbanization and technological development on their territory. During the work on the study of the region in question, previous hypotheses about the high level of urbanization and the high potential of technology in the Philippines were confirmed. The...
Properties and Characteristics of the Theory With the unlimited nature of human wants, consumers are tasked with making decisions on how to acquire commodities and services at favourable market prices. The theory bases its arguments on the law of diminishing marginal utility; it gives vivid clarification on why a demand...
Are credit cards or debit cards money? Credit cards and debit cards are not considered as a form of money. Money is defined as a medium of exchange, which represents an asset given in place of goods and services between two or more parties. Money is regarded as an asset...
Summary Religious tourism is a key feature in the Kingdom of Saudi Arabia’s economy as it strives toward being less dependent on oil and gas revenues. The onset of the COVID-19 pandemic was associated with diverse regulations that affected how people travel and interact. To curtail the spread of the...
The theory of comparative advantages is an economic model showing the benefits of trade for two analyzed countries, neither of which has absolute advantages. Relations between countries of different levels of development create economic ties of varying degrees of maturity, so Smith’s theory becomes inoperative (Gnangnon, 2020). David Ricardo’s theory...
Introduction There is a systematic methodology for developing service skills that entrepreneurs and business executives can use to improve company profitability. Specifically, Timm (2014) refers to the strong correlation between career growth and service skills. In tenth chapter, titled “Exceed Expectations with Value: Build Customer Loyalty with A-Plus Perceptions of...
Modern developed countries lean towards a market economy, where the government’s involvement is limited. However, it still can influence certain financial processes through monetary and fiscal policy. Monetary policy controls the overall money supply, interest rates, and inflation level, while fiscal policy includes the government’s direct economic decisions on spending...
Division of Labour Adam Smith promotes the notion of division of labor which is dividing production processes into different stages. He believes that division of labor can make people specialize in one type of work that will increase overall productivity. This is clearly shown in his famous saying, “The division...
DETROIT – General Motors aims to create promotional and marketing materials for its upcoming 2023 line of products. As part of its marketing campaign, the company plans on collaborating with local professionals in an effort to create content featuring the new models of vehicles. The creative campaign will engage in...
The International Monetary Fund, IMF, and the World Bank are the result of the international economic convention of 1944, which aimed at establishing financial cooperation around the world. Although the two institutions originated with the same general goal of maintaining the global economy, their functions have been evolving over the...
The current five most rapidly expanding economies in the world are all based in what is consistently the poorest continent, Africa. In 2019, Ghana, South Sudan, Rwanda, Ethiopia, and CĂ´te d’Ivoire had global economic expansion ranging from 8.79% to 7.28% (Mitchell, 2019). These are enormous leaps in comparison to the...
The international financial market is the sphere of the sale of financial assets and the relations between participants in transactions with these assets at the international level. In recent decades, it has been widely developed and now plays a leading role in the international economic system’s functioning. The financial market...
Summary As businesses look to remain competitive and sustainable, it is important that they deploy unique strategies in their operations. Given the need to be unique, it is necessary that these strategies are not only efficient but also practical. Businesses may opt to benchmark from others or brainstorm new options...
Introduction Human Resource Managers are creative in recruiting and retaining the best talent. Human Resource Management is a CRM system that assists in attracting and maintaining their own staff, not customers. It is a comprehensive tool that automates recruitment, selection, attraction, orientation, training and development, and assessment of their work...
Introduction The supply chain crisis of 2021 in the US left many stores with empty shelves and many customers – without the required goods and caused a gradual increase in the costs of day-to-day living. COVID-19 is cited to be the main reason for the struggle, but blaming the disease...
Employee performance reviews are mostly meant to improve the work quality delivery of the employee. However, most employees do not see the review as relating to their area of work nor in line with their work quality. Research indicates that most performance reviews have been done based on the employee’s...
Global trade includes the exchange of products between different countries around the world. The process plays a critical role in the economic field of all governments, as the international export and import of products directly affect the national gross domestic product. One of the leading export systems includes transactions between...
Introduction Social media are an established fact of people’s everyday life, and their presence is likely to grow in the foreseeable future. Given that, it is hardly surprising that their role in both driving and displaying the people’s choices in consumption is increasing as well. As a result, social media...
Introduction In this paper, I will attempt to discuss organizational practices and changes that have occurred in my company. Throughout the course I have been able to look at both my own performance and the internal life of my workplace more thoroughly. I noticed how changes in leadership, corporate culture...
Introduction The introduction of the Social Security program has revolutionized people’s perception of retirement and the cost of living after leaving the workforce. Since the beginning of the 20th century, Social Security has ensured that people of retirement age, people with disabilities, and families suffering from the loss of a...
Calculating the output of an economy and predicting possible complications is an essential task for economists, usually fulfilled by the use of Gross Domestic Product (GDP). Two types of GDP, namely actual and potential, are commonly implemented to ascertain the state of the economy. During economic growth, as GDP changes...
Planning is a crucial component for corporations. A key element of planning involves budgeting. A master budget is made up of smaller budgets within an organization. It serves the purpose of providing a benchmark upon which the company can align its objectives (Introduction to, 2014). Some lower-level budgets that constitute...
Introduction In the contemporary world, accommodation is a considerable issue for many people. Housing prices changes are an appropriate instance of effects, supply, and demand cause to price elasticity. Economic theories explain the compounds of apartments cost. In addition, they partially depend on particular economic variables. This essay will examine...
Current and future challenges around Information technology and its role in Operations Management In the contemporary world, operation management plays a critical role in every aspect of an organization. It is utilized when a business desires to expand its operations, improve revenue, and generally satisfy its customers. Operations management mostly...
Introduction Amazon is the leading global e-commerce company and deals with various products. It was established in 1995 by Jeff Bezos as an online book store (Sadq, Sabir and Saeed, 2018). The company expanded its boundaries and now deals with a variety of products such as toys, CDS, electronics, computer...
Bossard AG was a hardware distributor and distribution network services company. Its strategic planning is intended to increase the productivity of customers’ production processes by integrating the delivery of high-quality screws, nuts, and bolts with logistical options for distribution networks and technological solutions for fastener-based product designs (Meyer & Han,...
Introduction Digitization is at the core of modern operations and is also actively penetrating the retail industry. In particular, modern companies are using new technologies to create a more customer-centered and personalized system, as well as optimize activities for a more sustainable business. The Warehouse Group is currently actively adopting...
Introduction A hotshot trucking company operates in the logistics industry and requires a deep analysis and understanding of the target market in order to perform successfully in the market. The target market of a trucking company might be quite broad; however, the demographic composition could be segmented into different categories....
Introduction This presentation describes how to use creative change and innovation to institute changes in Small and Medium Enterprises (SMEs). It is divided into four main thematic areas: company, environmental, implementation, and change management analytical areas. Advantages and Disadvantages of SMEs Based on their size, nature of operations, and corporate...
Introduction It is hard to disagree that many small and medium sized companies may seem prosperous and successful, but they actually have a number of problems that prevent them from getting higher revenues. There are many examples of such enterprises in the baking industry. It was and still is a...
Discussion of a Change in Demand Through the Product’s Elasticity Very Big US Auto Company is a large manufacture of autos in the US. However, because of the shortages in components supply and measures taken to improve the safety of workers, the cost of production of goods increases by 10%....
Introduction Twitter is a multinational giant social media company based in the united states. The company enjoys millions of daily active users and subscribers. The company’s working conditions and leadership have been affected by the COVID-19 pandemic, triggering a wave of changes in company management (Brynjolfsson et al., 2020). The...
Hector Gaming Company Hector Gaming Company focuses on educational gaming for young people. It registered tremendous growth in many ways. Based on the facts presented, the company has a strategic plan, but the leadership team does not have a clear plan of action. Based on the Hector Gaming Company case...
More recently, BlackBerry smartphones have been a symbol of wealth, luxury, and high technology. Today, even their once-loyal supporters rarely remember these devices. From McNish’s perspective (2015), globalization is gradually eroding technological frontiers coupled with rapid growth in consumer demand. In his view, competition is a brutal struggle in which...
Yakult Company is engaged in the production of fermented milk drinks, which have a well-deserved reputation around the world. Moreover, the company distributes not only these products but also supplements to the basic diet, such as, for example, a green health drink or pea tree extract. The Yakult brand also...
Abstract COVID-19 has exacerbated the penetration of in-house agencies as firms adopt cost-cutting measures and explore new growth opportunities. Besides financial gains, this rising trend aims to tap into an internal talent to improve the overall strategic health of the firm. The objectives of this study were to investigate pandemic-related...
Introduction Several studies indicate that military veterans acquire specific competencies that might be used in the civilian setting. The distinguished skill set generally includes the qualities of teamwork, leadership, discipline, and resilience, all of which are essential in most industries. The study problem is the research gap concerning the differences...
Introduction Modern organizations choose remote over office working due to COVID-19. Zillow offers its customers improved selling, buying, and renting experiences (Zillow, no date). The leaders of this real estate company created permanent work-from-home plans and succeeded. This paper analyzes Zillow’s experience, remote work challenges, and traditional vs. contemporary leadership...
Introduction In this essay, one of the most appropriate organizations to be analyzed for remote-working leadership styles is Lockheed Martin (Anon, 2021). The company has both presence-required (industrial) and remote-possible (technology) operating branches, so the leadership should be executed in different styles (Javaid et al., 2020). The main objective is...
Introduction Due to economic issues hitting diverse industries and markets these days, companies have to cut their costs and develop new strategies and models to address numerous challenges. Human resource management is one of the spheres that are closely related to organizational performance improvement. The King Company case can serve...
Human trafficking and forced labor are crucial issues in today’s world. Even in the contemporary age, vulnerabilities for trafficking remain in the supply chains of numerous companies involved in providing products or services (Ma et al., 2016). For instance, opportunities for utilizing forced labor can be found in the supply...
Introduction The profitability of Carnival Cruise Lines alongside its competitors is conditional upon a number of external and internal factors which should be taken into account when developing offers. The former includes economic consideration and politics, whereas the latter implies the effectiveness of operations in detail. In order to demonstrate...
ESG Strategy Implementation Ford is among the top locomotive companies in the world. The company attributes its success to its effective ESG strategy. Ford Motor Company considers environmental, social, and governance (ESG) approaches to be a priority and dedicates its resources to various ESG investments. The company maintains that having...
Introduction The loyalty ladder is a frequently used instrument in marketing that allows determining the “right path” that consumers of services and goods should follow. Moreover, it is a relatively simple, easy-to-use tool that helps one think through a customer development strategy to lead them to commit to a company’s...
Introduction Leadership is vital for effective management since it helps direct organizations’ resources for improved efficiency and goals achievements. Effective leadership incorporates clarity of purpose, motivation, and guidance to realize the organization’s mission and vision. Therefore, organizations need leaders who direct the team members’ energy for effective performance. Leadership is...
Introduction Examining personal strengths and weaknesses is crucial for an effective leader. In order to properly plan professional growth and assess the areas that require additional development, the leader must ensure to conduct an appropriate self-assessment, thus determining the next step for their improvement. Although there is a specific set...
The COVID-19 pandemic has had a negative effect on global trade, including e-commerce and logistics. This is mainly due to the fact that many countries have imposed travel restrictions, effectively closing their borders (Przybylowski et al., 2021). Other factors, such as a lack of workers, fear of the virus, and...
Current Model Concerning the current model, road and water are some of the possible modes of transport for iHerb company. The most feasible mode of transport under the current model is road transport for delivering products after they have arrived in the country. There are a few reasons why the...
It is significant for any human resource manager involved in employee recruitment and selection to understand the legal requirements and issues that direct the usage of valuation methods and procedures in a company. The management of staffing systems deals with effective and efficient frameworks companies use for employee attrition. Staffing...
All Souls Hospital (ASH) denies the employee her right to expression and unionism. It is unfair firing her a day before she joins the union representative’s position. A union is a body that is critical for protecting employees’ rights, and humiliating the incoming leaders instills fear and may negatively influence...
Change in the working processes is inevitable, and dealing with it requires all participants and managers to be capable of adapting, following, and improving when necessary. Leaders’ role is especially crucial in times of uncertainty and novelty because their initiatives and support assist in achieving goals. Furthermore, different practice problems...
The triple bottom line is a concept describing the principle of a triple social responsibility of companies in financial well-being, environmental impact, and social responsibility. Usually, managers do not give equal attention to their responsibility in the spheres of the planet and people. However, the development of a system of...
As a responsible firm owner, I would choose option A and install the necessary equipment. Halbert and Ingulli (2014) state that ethical preferences are enforced not by law but by individual’s consciousness. Not only would it allow me to resolve the matter with EPA, but it would also be an...
Summary The study is about Blaze Company deciding to dismiss their employees after the Company decided to downsize and various problems and changes encountered by the newspaper Company. These changes are due to several reasons, such as technological advancement and the Company’s decision to downsize. The Company has gone through...
The article The determinants of organizational change management success: Literature review and case study by Errida and Lofti (2021) identify several factors that affect the change management process. Further, the article examines the relevance of these factors in the case of a Moroccan construction company. By conducting an in-depth review...
Too Good to Go’s microenvironment consists of the company, business partners, customers, competitors, and public organizations. Its business partners include restaurants, grocery stores, and bakeries. The customers are individuals who download the company’s app and aim to reduce food wastage. The main competitors in Europe are OLIO, Karma, and NoWaste....
Acquisitions are one of the most popular methods to increase business growth through diversification. In January 2022, Microsoft announced that it was buying Activision Blizzard Inc for 68.7 billion USD, the biggest deal in its history (Sharma 2022). Given that Microsoft is predominantly a software and electronics company, buying Blizzard...
Introduction The ongoing COVID-19 pandemic caused tremendous distress to the country’s economy, but the most significant damage was imposed on small businesses. For example, Furniture & Mattress Discount King had to close one of its branches at the beginning of the coronavirus crisis. Indeed, this store is still closed and...
Outreach Chicago is an agency addressing homeless people and individuals in various areas in Chicago, Illinois. The services realized by the agency are providing nutritional bag lunches, personal hygiene items, new or lightly worn clothes, and school supplies for low-income students, families, and veterans (Outreach Chicago, 2022). To examine the...
Team diversity refers to building an association with people of different backgrounds. Aspects of difference include age, nationality, sexual orientation, religion, and political preferences. Diversity in an organization has both positive and negative repercussions in the business. Among the benefits ascribed to the team diversity is increased creativity and innovation...
The Key Problem for Whirlpool and the Elements That Make the Problem More Challenging According to the case study, the key problem for Whirlpool is launching a new energy-efficient refrigerator model in six months. Whirlpool prides itself on producing reliable and high-quality household electrical appliances with a long life span....
Central Facts of the Case Larry Kent, a long-serving employee of Ace System Inc., exposes the struggles experienced on gender identity while working at the company and the intention to transition. The employee restates these problems to Jana Hollingsworth, an Ace Inc. Human Resources manager who considers it a physiological...
What makes Baby Boomers more productive and satisfied on the job? The generation of Baby Boomers tends to stay in the same field for longer and be more hardworking compared to younger generations. Their dominant work values include achievement, success, and loyalty to their careers (Robbins & Judge, 2021). They...
The HRM plays a fundamental role in hiring the right people for a particular job. By recruiting the right qualified specialists, the company becomes more profitable and productive. The first stage of searching for new employees is to analyze the necessary qualities and skills for a particular job. This is...
To assess airline companies in terms of their ability to attract customers, segmentation bases are used. They help to draw a demarcation line between different segments of the business and see which company would be more attractive for a particular group of customers. This paper looks upon the segmentation criteria...
Target Market Due to the specifics of the field in which Automatic Data Processing operates, potential customers and target audience occupy a certain niche. That is, the key consumers of services and technologies provided by the corporation are either individuals or other organizations that need technical support in the financial...
Introduction Currently, supply chains are extremely complex in order to meet the needs of customers. The value proposition is a set of all services and goods that the supply chain offers to the consumer (Payne et al., 2020). Modern supply chains have gone beyond the focus of delivering services and...
Organizational administration is based on a variety of theories and approaches regarding conflict resolution and emergency management. One of these aspects is observed in a 2004 paper by Comfort et al. titled “Coordination in complex systems: Increasing efficiency in disaster mitigation and response”, which speaks about HROs dealing with unexpected...
Before I establish my brand as a job seeker, I need to figure out what it stands for. A few fundamental principles are at the heart of the company, and they should be the focus of my communications efforts. When I apply for a job, I make sure that my...
Organization Mission “to grow our streaming subscription business domestically and globally” (“Netflix,”n.d., para 1). Netflix is determined to create a streaming service that would encompass the demands of viewers all at once in terms of availability and content variety. Vision Netflix’s vision is “becoming the best global entertainment distribution service”...
Diversicare is regarded as a leading post-acute care provider in its chosen medical sector. Whether a patient requires short-term treatment, sophisticated medical care, long-term care, or memory care, their centers have a multidisciplinary staff prepared to provide high-quality care that suits your needs. Diversicare is dedicated to giving each patient...
Gender discrimination has been studied in all spheres of life, and various research tried proving the disparities of female and male participation in work, social life, education, and other aspects. A study by Hoang et al. (2019) investigated the possible female underperformance when leading firms in Vietnam. The study compared...
GoTech is a specialized technology company in Saudi Arabia that focuses on providing technical and digital services to other business structures. The company is targeted at the oil and gas market in its location region, but currently, it is expanding internationally, working in Italy and Egypt (GoTech, n.d.). The staff...
Introduction Logistics is a key element in the military since it ensures correct planning and efficient maintenance of forces. Logistics are crucial for the execution of military operations, without which the military would not be able to function. Logistics forms a bridge between the forces and the industrial base of...
Societal marketing is currently a global trend in the production of various goods. Companies strive not only to profit from the sale of their products but also to contribute to the improvement of the society and well-being of consumers. Outdoor gear and clothing manufacturers are among the most successful in...
Phineas Taylor Barnum, an American entertainer, operated in the middle 1800s. Most of his performances and displayed items became famous for their ability to cause sensationalism and curiosity among audiences. The popularity of the American circus can be largely attributed to his practices alongside his partnership with James Bailey (Feuerherd,...
The leading cause of inadequacies in the Human Resource Department is that, while the business hires the tried-and-true Human Resource Management Process, the method is not being followed, and the VP of the HR Department is unwilling to accept responsibility for the HR Department’s shortcomings in that process. It is...
Introduction Recently Nike has launched its direct-to-customer campaign, which has increased its sales by 19% since its launch. The direct-to-consumer model is a supply chain system that allows a specific retail brand to eliminate wholesalers and distributors and sell their products directly to their customer base. This is a model...
The monitoring and control process is an integral part of good project management. This process is launched from the moment the team of specialists accepts the project for work and initially approves its conditions and details with the customer. This process is the most difficult for many project managers, as...
Introduction This report intends to perform a strategic analysis on operations of an existing company, to study different aspects of it strategic management; the firm chosen for this analysis is Bobbi Brown cosmetics. Bobbi Brown make-ups is a worldwide reputable and elegant brand that allows women to adopt and increase...
Lenovo’s history demonstrates that to establish an effective organizational design, it is necessary to take into consideration different situational factors instead of simply relying on the universal hierarchy. Lenovo is a company that underwent considerable development over the years and subsequently experienced the influence of numerous factors which directly affected...
The present paper studies the case of a company that sells insurance policies concerning the relations between the employer, which is the company, and employees, who are sales leaders. The description of the case stresses that sales leaders are former sales agents who are promoted to the positions of sales...
Introduction In the 21st century, the landscape of the business environment is becoming increasingly complex. Following the emerging trends of progress-conditioned globalization, modern supply chains exhibit a similar tendency as they become expanded. Global supply chains are intricate mechanisms with several key elements that interact to create the driving force...
Introduction Businesses in the past did not face harsh consequences for their bad reputation since unethical issues could not be shared as far or as much as needed. Nowadays, social media enables many people from different regions and places to acquire information about the ethical culture of a particular company....
Widget’s, Inc., a fictional company, has a flourishing lawncare business. The business has two full-time employees who have been with the company for five years. All employees are trained on using the lawn equipment and have signed a waiver-of-liability contract limiting liability for the company. The owner, Brian, told his...
Awareness in a company is one of the indicators of its effectiveness in the market. Personal development has long been a part of daily human life. Not only regular people but also top managers and business owners are interested in mindfulness. Mindfulness means an approach to work and one’s free...
In my opinion, ethical leadership is about articulating and substantiating an organization’s goals and ways of achieving them, making sure people put their ego below their firm’s success. An ethical leader’s responsibility is, as per Gnazzo (2011), to ensure that an organization’s values are always kept track of by management...
Introduction Zoos have been necessary for our mankind’s set of experiences from the earliest starting point when early people started archiving what befell them. However, there are many discussions about whether there are ethical standards in the organization and maintenance of zoos and aquariums. As a rule, numerous creature defenders...
Introduction The North West Company is a global Canadian grocery and retail company operating stores in the northern and western territories of its home country and US states such as Hawaii, Alaska, and other countries in the Caribbean and US Oceania territories. The history of the organization dates back to...
Ownership of many other brands is a strength of the company; in addition, the content produced by the company is almost always of high quality. Disney’s trademark and its logo are easily recognizable – the company is widely known all over the world. The company’s high cash flow allows it...
Introduction It is not an easy step for some organizations to address an agency and ask for help with recruitment. Many decisions should be made, covering the choice of people, strategies, and resources. In this presentation, the recruitment strategy for State University will be developed, following five major steps. First,...
The lack of diversity and inclusion in the workplace is an issue that is being addressed more frequently within the past few decades. However, there are still common issues that impede the complete implementation of successful diversity and inclusion initiatives throughout all sectors and firms. This is often due to...
Introduction Dov Charney founded a clothes brand named American Apparel at the end of the 20th century. In 2010th, the brand was claimed as one of the most influential ones in the fashion world. The company was famous for manufacturing the clothes in Los Angeles and quite provocative advertising since...
Business model Establishing a robust family-operated company requires having a clear structure, an understanding of how business processes will be organized. Since Mommy and Me will be a small business family enterprise, the most efficient course of initial action would be personally assuming full control of the operations. By doing...
Key Vocabulary Stress. To manage. Impact. Challenge. These words are crucial for speaking about the topic of work stress. And now, let us find out the meaning of each of them. The noun stress denotes a great worry caused by a problematic situation or something that leads to this condition;...
PESTEL Analysis PESTEL analysis allows one to identify external factors that affect the company’s activities. In particular, this tool includes consideration of political, economic, social, technological, environmental, and legal factors. This analysis allows one to consider the impact of the macro-environment on the organization and adjust the strategy to minimize...
As an employee of a multinational company sent to work in a foreign country, it is essential to make adequate preparations to embrace diversity at the workplace. The greatest challenge to be encountered includes differences in language and culture practiced in a foreign country. It is a challenge that can...
The case study presented by McClanahan and Wilson (2021) examines the reorganization of Allstate’s Data Group. In 1931, Allstate’s Data, Discovery, and Decision Making group (D3) was a small group of data scientists who analyzed insurance risks. However, by 2017, the D3 was comprised of 300 members, and the specialization...
Introduction In every business organization, there are laws designed to be followed by the organization’s employees. Some rules are taken into consideration by the law enforcers, who are the organizational stakeholders. Without anyone in charge of the law and ensuring that everybody adheres to the stipulated rules, it would be...
Introduction This essay discusses some unconventional techniques used by Lockheed and a substantial majority of weapons manufacturers to sell their commodities internationally when they were unable to do so in the United States. Additionally, the report examines the adage that ‘just because everyone is playing the same game does not...
Induction pertains to the process of confronting newly recruited employees into an organization. It is like a training and development activity for new employees to adapt to the working environment and the new roles. Induction is significant in employee recruitment since it is only when a new employee learns about...
Apple is one of the most recognizable brands in the world. They have amassed international acclaim for distributing premium technology such as high-end smartphones and notebook computers. However, in recent years they have also been the subject of criticism due to the built-in obsolescence of their models and lack of...
It was learned that traditional program management is rather ineffective, being inflexible and unadaptable to change. Based on the characteristics of the model, some of them can be changed in favor of agile project management, such as continuous design, flexible scope, embracing change, and high customer interaction (Larson, 2020). The...
Throughout the last ten years, the concept of talent development has undergone critical changes. Within the framework of this memo, the four most important competencies from the ATD Competency Model will be discussed. The importance of this particular model consists in the fact that it delineates the success of the...
Introduction. ABC Mining Company One of the largest and most known mining companies in the United States. Currently involved in a process of investment discussion and decision-making based on the effectiveness estimation and probable revenue calculation. Constantly trying to achieve a higher position in the overall ranking of US mining...
Introduction Today, patients have more health care options than ever before. There is a vast amount of information available about different medical facilities, and potential clients, especially those living in urban areas, do not choose hospitals based on their proximity but on the assistance they offer. Health care marketing is...
Team development is a necessary stage to increase its efficiency and effectiveness. Thus, the factors that have a positive and negative contribution to the group’s formation are highlighted. So, among the advantages for the development of the team and the positive factors of its presentation, it is possible to highlight...
Encore careers can be defined as an occupation for retirees primarily dedicated to social work or any other contribution to society. Typically, such career prospects appear after a long time of employment and occur in the second half of life. However, there is a particular risk of discrimination against encore...
Applying the elements of mass customization in services significantly enhances the providers’ understanding of customer needs, allowing for the creation of effective service solutions. According to the basics of mass customization theory, it is necessary to establish a proper mechanism for provider-customer interaction. After that, the companies should use a...
The concept of continuous improvement concerns the non-stop development of a product, service, or business process. The efforts that should be applied during this development can be either incremental or regularly made over a certain period of time, or “breakthrough”. In general, continuous improvement is not a particular process. It...
Each company can experience crises or challenges depending on the internal or the external environment. However, how it manages to change based on consumer demand or new trends is what influences the outcomes. An analysis through a brand audit reveals the potential challenges and opportunities that correlate with current trends....
Introduction The chosen case study is related to Airbnb and its experience of surviving the Covid-19 pandemic. Airbnb is a well-known and valuable online platform for sharing houses and providing rent for tourists (Fernandez et al., 2020). Due to the spread of the virus, traveling was restricted across the world,...
Introduction Nowadays, the photo services market is developing relatively quickly and successfully. This type of goods will always be popular, as photographs have become an integral part of modern life. The business reviewed in this paper refers to professional studio photography and is called Helios. The activity of the photo...
Executive Summary Low-cost carriers/airlines (LCCs) traces its roots back during the post-deregulation era. The airlines use a different business model: point-to-point route structure. In the recent past, LCCs market has continuously been expanding to include a few international slots. Currently, it is regarded as one of the most profitable airlines...
Human Resource Management (HRM) is vital in healthcare organizations since it helps to systematize the work of new and existing staff. This topic is investigated in the article titled “Role of human resource management in healthcare organizations: A review,” published by M. B. Pillai and O. Senthilraj in 2019. This...
A negative situation that our team faced while working on the project can be described as an ongoing condition caused by the problems with our team members’ time management skills. This condition was initially the result of several individual cases, such as different team members not being able to come...
Introduction The work aims to look into and analyze the business plan presented by FreshFusion, a restaurant company based primarily in Britain. The plan provides and detailed review of the company’s profits and losses, their aspirations for the future as well as their current strategies. In the context of this...
Company Vision and Mission The Hershey Company is an influential participant in the US and international confectionery market. The company has been functioning since 1927 as a chocolate and snack manufacturer, with the organization’s headquarters located in Pennsylvania, United States. The Hershey company manufactures and distributes over 90 brands in...
Business ecosystem, issues or challenges the firm faces with regards its ecosystem Ecosystems are described as dynamic and constantly evolving communities that create new value through collaboration and competition. According to Adner (2017), the business ecosystem includes activities, actors, links and ties between the focal actor and other actors. Precisely,...
This task analyzes the web-based analysis intrusion detection system. In this case, it is a kind of software for monitoring the network and preventing intrusion threats. This system requires a second stage of intrusion identification with the help of the network administrator directly. In addition, this system can visually represent...
Abstract The present study analyses diversity and inclusivity in workplaces, the levels of diversity, the difference between inclusivity and diversity, multiculturalism, and the benefits and challenges met while building a diverse environment. Moreover, there are examinations of topics such as steps for creating a diverse and inclusive work environment and...
While analyzing its influence on society, the halo effect is represented not only in the healthcare sector but also in many other spheres of work. To be more specific, the Halo effect means the influence of one personal feature on the future estimation of the other individual’s characteristics (Young &...
Starting the food truck business will require an appealing and competitive concept, a solid marketing strategy, equipped food truck, and a viable business plan. Since food trucks are cheaper than purchasing a restaurant location, it will be a cost-effective but profitable option. The business will offer better quality, fresh and...
Introduction The significance of corporate sustainability and responsibility has become common among businesses globally in recent years. Corporate executives are desperately trying to gain a comprehensive understanding of how organizations, ethics, society, corporate sustainability, and responsibility interact with each other. Sustainability refers to the capability to meet present needs without...
An organization needs to formulate a vision statement as this describes the company’s purpose and what they want to achieve in the future. Effective formulation, development, and communication of the vision allow the customers to understand the firm’s objective. The vision of Netflix is to become the best global entertainment...
Introduction Competitiveness is one of the leading key elements in creating, developing, and maintaining a successful business for long-term prospects. Therefore, many firms today have a fairly wide range of opportunities to evaluate their abilities and strengths among “opponents” in a particular market or industry. For example, with the help...
What Is Data Empowerment Marketing? Data Empowerment Marketing (DEM) is a process that has gained popularity in the world of today’s business. It includes gathering customer-related data by marketers to optimize their professional efforts and achieve solid commercial outcomes. There are many ways how DEM could contribute to the progress...
The optimization of the production process is an overarching goal of all commercial enterprises. More specifically, the primary aspects of it usually comprise the reduction of unnecessary expenses in favor of prioritized points. In the case of the energy drink producer in question (hereafter referred to as EDP), the envisaged...
Introduction Human resource management is an increasingly important consideration in the work climate of today. With the globalization of the world economy and the gradual shift towards a more diverse culture, companies find themselves needed to adapt to the current realities quickly. The workforce has become more varied than ever...
The modern labor market is flexible and adaptable to relevant trends, and the use of effective strategic approaches to personnel management should be promoted. Based on the latest statistics, over the past few years, the median age of the country’s working population has been growing gradually, which indicates an increase...
Introduction Some current authors link the overconfidence bias to negative outcomes, including failed collaboration and the inability to account for all parties’ financial and strategic interests. As per Russo and Cesarani (2017), in strategic alliances, the spirit of collaboration is reduced due to some partners’ insufficient familiarity with collaborative relations’...
Two-Day Training Program for a Group of Twenty Employees The training program is an essential perspective for an organization to be successful. Proper training and the structure of the design must incorporate specific content related to work ethics. The training materials used can be slide presentations, work manuals, videos, various...
Introduction Netflix is a streaming company that has gained popularity among Internet users, attaining high revenues that rise exponentially. Indeed, one of the main reasons for the organization’s success lies in its innovative solutions in the industry of entertainment and mass media. Namely, Netflix created the distribution of video content...
An Analysis of Companies The pandemic has presented companies not only with severe threats but also with valuable business opportunities. According to Parnell (2014), when the world undergoes rapid and sudden changes, successful companies capitalize on emerging opportunities and mitigate the negative effects. This is what many companies did in...
Introduction Performance appraisal is crucial for the effective department’s development. It promotes productivity growth, contributes to career planning, and identifies employees’ strengths and deficiencies. Nowadays, managers do not have to overload themselves with paperwork because they can apply specialized software systems tailored to the performance evaluation process and adjust due...
Recommendation As part of this work, it is recommended that four employees be selected to serve on the Southwest Transit marketing team. N is chosen as the first recommended candidate since this project requires quick and high-quality solutions; therefore, strong personalities are required. N possesses high competence and ambition, giving...
Introduction Despite the widespread research and practice on performance appraisals, there has been an increasing dissatisfaction with the system. Organizations that have been finding performance appraisals problematic have been implementing changes to their management systems, with the most controversial decision of completely eliminating such ratings. More than 90% of employees,...
Introduction Flexible workplaces refer to office spaces or working arrangements that are not conventional. These arrangements do not suit the traditional views and designs of office spaces and are usually designed in a manner that suits the needs of an organization. The concept of flexible workspaces has been a raging...
Overview Like other people in our society, I have personal values and beliefs that I use in making decisions in life, determining the best action to take in daily situations, and finding the best direction to take in any case. Indeed, the personal values and beliefs act like my life...
In an organization, the ability of leaders to be present at the moment is reflected through their deep analysis of personal competencies and emotions and the assessment of the circumstances. When leaders feel their presence in the organization, they can identify their emotions and feelings associated with the work environment....
Executive Summary Research is vital for businesses in the current era, where companies are extremely efficient. It requires a slim competitive edge to survive in a modern business environment that can only be discovered or achieved through scientific research methods. This paper focuses on the UAE business context to find...
Gender Wage Gap It refers to the difference that exists between the average salaries earned by women and men. In most countries, female workers are considered to earn less than their male counterparts. Women from minority groups take home lesser salaries than white women because of other discriminating factors affecting...
NestlĂ© is the world’s most extensive food company that operates on the principles of nutrition and healthy living. For more than a hundred years of its existence, it has gained worldwide recognition as a manufacturer of high-quality food. It has created a reputation as a decent and reliable partner. This...
Executive Summary Johnson and Johnson has been selected for the business case because it is one of the most successful companies in the healthcare sector globally. However, the organization has not explored its full potential and the implementation of various information management technologies as indicated in the report can help...
Introduction WBA plc is a London-based company specializing in developing IT solutions and software for various retail, manufacturing, and communications businesses. Questions and problems in human resource management arise in the context of the continuous growth of the company. The lack of specialized skills and young professionals, due to the...
Summary The scenario portrays the manager, Juanita, who has difficulties with assessing her employee’s personality traits. Sandra’s personality fluctuates depending on the situation, which is why Juanita wants to find a strategy that would help her have a clear picture. There are specific tools the manager can use to achieve...
Supplier diversity is a business practice that encourages the inclusion of small businesses as suppliers. This diversity provides an opportunity for companies to compete effectively to deliver quality goods. Some advantages of supplier diversity include promoting innovation, providing multiple channels to acquire goods, driving completion, driving economic impact, and attracting...
My peer supports the author’s view that a company’s success is in the hands of its frontline managers. He believes that this source should be considered credible because it summarizes the author’s years of experience as a CEO. I think my peer has managed to address the opposing viewpoints adequately....
Chapter seven focuses on how human resource management in the public sector utilizes performance appraisals to improve organizational efficiency. I will address the most important elements in the chapter. I will apply the question posed, and I will discuss why public sector employees need to know these things. Outcome-based criteria...
Introduction Organizations are increasingly adopting the concept of mindfulness as a tool for enhancing their effectiveness and productivity. Businesses face various challenges, such as a high rate of employee turnover due to workplace stress and burnout. Equally, lack of work-life balance and conflicts among employees negatively impact organizations. These factors...
Three concepts of the corporate culture Considering the personality traits described in the article “Google Searches For Ways to Keeps its Culture Strong,” it is possible to identify three concepts: openness, extraversion, and conscientiousness. Google values employees open to productive communication, respectful disputes, and new knowledge (Jones & George, 2021)....
The case of Gambro being acquired by DaVita exemplifies the situation where employee involvement can drastically improve organizational results and success. It is mentioned that Gambro was more hierarchical, and there was a lack of a people-oriented policy that would decrease the rate of turnover and increase job satisfaction among...
Introduction Workplace favoritism is a phenomenon in which people in positions of power, such as managers, value some employees more than others for personal reasons. These causes may include them being part of the same group or religion, acquaintances or friends outside of work, or lovers, and a variety of...
Today, a key dichotomy is observed that includes cultures of safety and cultures of blame. In the first case, leaders and decision-makers take effective measures that promote healthy workplace relations, in which each member of the team is to feel safe and confident (Kaplan et al., 2017). Cultures of blame...
Introduction Simon&Schuster is one of the biggest and most popular publishing houses in the USA. It is well-known worldwide and may serve as an example for novice publishers aiming to produce different types of content for a very large audience with various preferences and aims. The analysis of the business...
Introduction An imaginary case will be suitable for this demonstration. It includes most of the engineering economics learned in school. Additionally provides room to adjust all the issues that need to be handled to highlight which an engineer should undertake alternative. Additionally, it can enable one to adjust the figures...
Many employers have differing opinions from that of their employers on how discretionary benefits should be issued to the workforce. Since they are not mandated by law to be provided as a compulsory benefit to employees, there is a bone of contention as to whether employees are entitled to the...
Absenteeism is a significant issue since it can adversely affect the whole business. Some research articles demonstrate that there is a link between this issue and organizational culture, meaning that the latter can either contribute to the problem or help employees avoid this behavior. The summary and analysis of the...
Introduction Apple is a premium-segment company that produces high-end smartphones and paraphernalia, accompanied with exclusive software and other benefits associated with the brand. The creation of the first iPhone managed to propel the company forward by creating a revolutionary product and getting headway against all competition (Dempsey, 2019). One of...
Introduction An employee that was about to leave on a business trip was approached by a colleague who mentioned that she had been able to report personal costs as business-related expenses in her report. Main body Ron Bush received information from a colleague before he was due to go on...
Keeping the employees motivated is a crucial task for any organization. Motivation benefits employees themselves and the organization as a whole, which consequently attains sustainability and success. Employee motivation is the energy or effort the employee willingly uses to achieve their needs and organizational goals. There are several ways to...
In the recent decade, the workplace environment that many people have become used to is increasingly facing structural changes. With the development of leadership and administration theories, as well as changing trends regarding organizational structure, the employees of today have to work in conditions that are very much unlike any...
The workforce has to be tech-savvy, entrepreneurial, independent, creative, self-motivated, and have a range of other skills for organizations to be successful in the business climate of the 21st century. The rapid speed of globalization and digital transformation leave companies no choice but to ensure their employees meet the modern...
Leadership Competencies Altogether, the interviews conducted among the participants revealed critical information linked to the four outlined themes. Thus, the main challenge of using virtual space regarding leadership competencies is leading through mediated technologies. For this reason, for team leaders, it is vital to possess specific skills to be successful....
Introduction Uber has revolutionized the transportation industry with a product that millions of people use every day. According to researchers, Uber started providing services in almost 85 countries worldwide (Thelen, 2018). It is specifically interesting that the visionary management style resulted in the company becoming highly successful on the US...
Introduction The case “Bass Pro Shops: Creating Nature’s Theme Park for People Who Hate to Shop” explores Bass Pro Shops and how it provides customers with various unique products at affordable prices. According to Shin and Parker (2017), a marketing concept is a strategy that organizations adopt and implement to...
The physical presence of a top-ranking leader plays an important role in managing a crisis and its consequences. The leader’s role is to define the strategy for managing the process of handling the crisis in alignment with the organization’s values and mission. The leader also estimates the priority level for...
Meaning of power and why is it a great motivator Power is the relationship between people in which some can impose their will on others; it takes place in cases where a person can purposefully influence other people to force them to do what they would not otherwise do. Power...
The education sector is one of the crucial elements that determine a country’s growth and development. Recently, competition has increased among institutions, requiring that each school aims at the highest level of productivity. The Pleasantville School District evaluated its pay policy and decided to employ a person-focused pay policy to...
Apple Inc. is one of the major technology companies in the world. Being in the tech industry known for rapid changes and advancements, the company must implement strategies that ensure its competitiveness and success. A key determinant of organizational success is the quality and capabilities of the human resource, as...
Trait Theory Of Leadership Trait Theory of Leadership is frequently criticized nowadays because it is based on the belief that a person can only be born a leader but not become one. This approach entirely overlooks the idea that the personality may be a social construct, in other words, the...
Appropriate leadership may significantly influence the productivity of a team regardless of its size, field of expertise, objectives, or missions. Therefore, it may be vitally important to establish rational leadership that introduces an individual approach to subordinates in accordance with their personal goals, motivation, skills, and resources. Path-Goal Leadership Model...
Determining the value of a project is vital for its completion and the identification of the further course of research. By examining the ways in which a project has affected the target stakeholders, as well as general audiences, one will embrace the extent of change produced with the help of...
It is difficult to answer the question if WeWork was overvalued in the past. On the one hand, the company’s financial performance was below expected, which demonstrates that the company had inadequate management and predications. On the other hand, in the late 2010s, the company managed to attract several reputable...
Marketing tools are used primarily to develop the most efficient strategies for the company and the brand to make the most profit from their actions. It might seem the more strata of the population a brad covers, the more valuable it is for its benefit, expansion, and development. However, without...
There is a growing demand for businesses to maintain high ethical standards in all their practices. Consumers are interested in buying from companies that engage in fair and informed marketing activities. The increased sensitivity of consumers to unethical business practices is partly due to the collective efforts of consumer activist...
Gender diversity in modern firms is a critical concept representing inclusivity and a healthy culture. Employee management and human resources strive to include more women in the workplace, including the diversity of women of color, LGBTQ+, and women with disabilities. The corporate world may be a difficult place for many...
Overview The team experiences high stress levels related to micromanagement. The team members express their dissatisfaction with repeating detailed control checks that require them to repeat weekly task lists for cross-reference. Some members believe that their skills are underutilized or not suited for the tasks. The managers remark that they...
A good leader emphasized the workers under him, making sure to know that everyone was doing well physically and mentally. Sometimes, he would call people into meetings and tell them to take a break or vacation. At the same time, he knew how to get people to work at maximum...
Being a leader is a challenging task because it implies guiding and inspiring others. That is why an effective leader should have specific qualities and skills that can help affect subordinates. Some situations provide such a person with challenges that require unique responses, but it is still possible to state...
During the last six weeks, an analysis was conducted of the United States (US) stock market in relation to SPS Commerce. The company provides modern software products and services to optimize the interaction of actors within the supply chain (We’re SPS Commerce, n.d.). They claim that they “empower data collaboration...
In my opinion, Women for Women has a great potential of becoming a successful and profitable company. As online coaching gains increasing popularity, W4W aims to occupy an important market niche that is still relatively free of competition. Moreover, it addresses the increased demand among women to receive personal training...
The primary scientific idea in the field of motivation is that rewards of any kind, or so-called external stimuli, are helpful and work only if the rules are simple and the direction is quite apparent. Daniel Pink talks about the degree of influence of external factors, reward, and punishment, on...
In their article, Scarborough et al. (2019) address workplace diversity, investigate workplace diversity policies in the paradigm of affirmative action, and evaluate how diversity is viewed by people. The significance of this research is determined by the fact that in the present day, diversity in the workplace has become a...
Introduction Asman Ismail et al., in their article “An empirical study of the relationship between transformational leadership, empowerment and organizational commitment,” published in the Business and Economics Research Journal, examined the potential of empowerment as a method for increasing organizational commitment. The authors study how transformational leadership affects the behavior...
Fiedler’s contingency theory, which is an aggregation of ideas about the unpredictability in the external environment variables that affect work, as well as the inherent individual qualities of leadership and decision-making, is one of the finest models to employ for contingency leadership. The Fiedler Contingency Model states leadership cannot be...
A few years ago, I had a chance to work in a restaurant of Italian cuisine as a waiter. This restaurant provided catering services, organization, and maintenance of celebrations, family dinners, cultural events, and various entertainment services. The variety of products made it possible to satisfy consumer demand, although it...
A cold chain is a supply network maintained at a low temperature. An uninterrupted cold chain is a continuous set of refrigerated manufacturing, preservation, and distribution activities that preserve quality by regulating temperatures within a specified low range. Considering the information from the “Feeding A City” video, there are critical...
Benefits of Innovative Approaches The project has several benefits to reap from using innovative and new approaches. As a leader, I think introducing new techniques to the work process is a crucial part of managing a successful business. In the case of our project and organization, the idea of making...
Chipotle is an example of an effective management system that has led the company through the hard times due to foodborne outbreaks several years ago. The organization has developed the proper plan for managing the investments and changing its philosophy and approach toward customers. Thus, Chipotle has earned recognition among...
The decision to change the quality control and improvement measurement will impact the process level, directly affecting the product. According to Cook (2009), “NASA must own the intellectual property rather than use a proprietary design developed and owned by a contractor”. It means that they strive to have autonomy in...
One of the most critical aspects of business that involves manufacturing products is the location to base the manufacture. The production location aspect is vital to all business layers, including consumers, employees, shareholders, and society overall. The decision to locate the manufacturing process overseas closer to places with relatively low...
Introduction The following paper is a summary of the 2020 article on gracious leadership by Maureen Kroning, Adrienne Carey, and Sophie Crawford-Rosso. The article includes a definition of a gracious leader, its comparison to the term “servant leadership,” as well as the attributes of a gracious leader. In addition, one...
Leadership is a critical component of effective management. It is found wherever there is a stable association of people. Despite the seeming simplicity of this concept, in modern science, leadership has different manifestations in the presence of common initial positions of various authors. Researchers have found that some leadership methods...
Online services related to clothing have been gaining a growing interest over the last several decades worldwide. One of the first successful companies in this market became CustomInk, founded in 1999 in Fairfax, VA, by three college friends, Mark Katz, Mike Driscoll, and Dave Christensen (Real Time Cases, n.d.a). They...
The Key Input Factors that Influence the Organization The Coca-Cola Company is considered as the globally recognized leader in manufacturing the non-alcoholic soft drinks and encompasses over 200 countries. The product portfolio of the company includes over 400 brands, such as soft drinks, energy drinks, bottled water, and juice products....
Introduction The considerations of the new general manager are largely agreeable and in line with the trends of the market and economy, potentially providing Matexin the opportunities for long-term growth. The suggestions brought forward by Pau are aimed at creating innovation, specifically through process and management innovation as well as...
The strategy that Apple can apply is investing its own funds to develop its position in the stock market. Apple shares already have a significant value in the market, but at the same time there is great potential for development, as the market for securities prices develops and grows. Investing...
Introduction In many countries, the shortage of nurses remains a challenging issue. My current workplace, Oroville Hospital, grapples with the same matter in attempts to offer care commensurate to patient’s anticipations. Therefore, there is an urgent need to review and manage the situation for an enhanced rendition of excellent services....
Leaders have different styles of leadership, which makes them excel in their work. However, a defining quality of a leader is how they embrace complex challenges, coexist with employees, and make decisions. Although an individual may consider themselves to be a leader, their impact on these occasions will set them...
Introduction Building a cohesive team is crucial in achieving strategic objectives in business. Teamwork is the single most influential factor that gives an organization the ultimate competitive advantage (Lencioni, 2002). However, the process of building the team is difficult and complex. Dysfunctions of the group are examples of the challenges...
10 Corso Como was first opened in 1990 in Italy by a gallerist and a publisher known as Carla Sozzani. The brand started as an art and gallery shop with a bookshop. The store then later expanded by opening multiple stores years later. In 2002 it opened a store in...
The Selfridges stores were first founded in 1908 by Mr. Harry Godon Selfridge. Selfridges were formed as a substantial departmental store to sell fashion items such as clothes and shoes for both men and women. In 1909 the most extensive store was opened in London Oxford Street. This, later on,...
Overview The present section provides an in-depth review of the literature concerning financial development. The literature review is divided into two broad parts, including the discussion of financial development as a concept and the discussion of the financial development index. In the first section, the definition of financial development is...
Background Samuel Adams’ trademark Boston Lager helped kickstart the craft beer movement in the United States back in 1984, and it remains a major independent American craft brewer to this day. Today’s Samuel Adams brewers retain their dedication to quality and creativity in the never-ending search for better beer (Coppin...
Background and Services For more than 50 years, Sodexo has been recognized as the world’s leading food and facility services provider. Sodexo was established in 1966 in Marseilles, France, by Pierre Bellon and is currently majority-owned by his family. Their partnership with some of the world’s largest corporations, supported by...
Introduction Amazon has decided to become of global Internet pioneer by creating a project to provide high-speed Internet using space. Space is increasingly being explored by mankind, which seeks to use all its potential resources and opportunities. Today Amazon, the world-famous online store, has come to the conclusion that it...
In recent years, the issue of creating regulations for online platforms has been actively discussed, which are becoming popular trading platforms for professional and non-professional sellers. They represent a set of technological solutions in the digital space of the Internet based on digital data collection. A prime example is networking...
Introduction Social responsibility plays a significant role in the development of business. In general, it is a duty that every member of society should fulfill. According to social responsibility, individuals’ actions should benefit the whole community (Agudelo et al., 2019). In business, this duty is usually called corporate social responsibility,...
Payment cards have antitrust issues concerning issuance and governance by the government. Visa and MasterCard play an essential role in facilitating the smooth economic flow of money. The antitrust division of the U.S. Department of Justice (DOJ) introduced a lawsuit against Visa and MasterCard networks in 1998, claiming that the...
The state uses fiscal and monetary policies to maintain the functioning of the national economic system and ensure its stability and independence from existing factors. Fiscal policy is the measures taken by the government to stabilize the economy by changing the number of revenues and/or expenditures of the state budget....
If there is an increase in the real interest rate, there will be a decrease in the number of demanded funds required. This is due to the fact that the demand curve has a downward slope – the lower the interest rate, the more the number of borrowed funds, and...
There are numerous zoos located worldwide, and the San Diego Zoo is considered a great place with perfect conditions that suit many different animals. In 1987, the Zoo received a pair of giant pandas from the People’s Republic of China for a short period (Weiss, 2012-2013). Since the benefits of...
Public revenues contribute to the government budgeting: they provide it with money, enabling it to spend on general needs. There are many sources of public revenue: ideally, they complement each other. When there is a lack of revenue from one source, the temporary excess from other sources can balance it....
Introduction There have been advanced innovations stimulated and enhanced by the smartphone and the data connectivity globally by 2015. Uber services have developed due to this technology, and it has been a five-year-old start-up. It has enabled individuals to order car-sharing services via new-ride sharing services or Zip car via...
This case tells about management at Big Bison Resorts discussing ways to motivate employees to be more productive and satisfied. Within two weeks, the chief executive officer was working together with the “frontline staff” (Bateman et al., 2019, p. 399) and began to doubt the effectiveness of the Employee of...
AT&T announced its interest to acquire T-Mobile On March 20, 2011, on a cash transaction of $39 billion. This merger process involved the transfer of license from DT to AT&T. Hence a legal process had to be followed by incorporating legal bodies like the Federal Communication Commission (FCC) and the...
Ethics refers to moral philosophy which guides an individual or a company’s behavior. Ethics define what is right and wrong depending on the views and fundamentals of society. Code of ethics offers an ethical framework that guides all decisions within a company (Rossouw & van Vuuren, 2020). Code of ethics...
Mariott International is one of the most known companies in the hospitality industry worldwide. However, as in the case of any other business, the decisions of its managers affect the overall efficiency of operations and create a particular reputation for this chain of hotels (Lock, 2021). Therefore, it is critical...
Emerging economies are gaining weight in the global balance of power and replacing the United States as a leader. Earlier, US economic policy played a decisive role in the worldwide cycle and was the driving force, and now emerging economies play this role (Kemp, 2019). Until 2024, more than half...
The Company’s Profile in the UAE Netflix’s appearance on the UAE market has been a significant success so far. To be more exact, the streaming service became available for the residents in 2016 (Netflix, 2021). In addition, people welcomed this news since they used to employ external apps, such as...
There are numerous various organizations in the modern world that differ in how they structure and operate their businesses. Some of those organizations tend to revolve their actions around priorities that they have set to become leaders in the eyes of their customers. Such an example is Southwest Airlines, a...
Debt finance poses a great advantage when it comes to controlling the business. The company maintains complete control of the decisions and governing of the business. The relationship between the lender and the company ends at repayment of the loan. The financier does not participate in the company’s decision-making and...
Introduction The financial condition is one of the most significant factors that affect the development and potential opportunities of the organization. In the current case, the mental health unit of the Middlefield Hospital is profitless and loses patients each month. From these considerations, it is essential to provide a detailed...
Supporting businesses, including both major corporations and SMEs, is one of the key goals of the state government. Thus, state authorities will prompt the increase in economic growth rates (Lawrence and Weber 165). By enhancing entrepreneurship within the state, governments will set the stage for a rise in economic and...
Introduction Mediators frequently invest time and energy in seeking options in contrast to the current arrangement to acquire power at the haggling table. Bargainers would be astute at putting assets in fortifying their best alternative to a negotiated agreement (BATNA) or their fallback choice if the gatherings neglect to agree...
The COVID-19 pandemic affected all spheres of human activity and introduced the need to adapt to new conditions to remain successful. For the business world, it means introducing new ways to manage human resources to ensure their safety and avoid spreading the virus. The nature and scope of challenges differ...
The case study presents almost an ethical scenario in a business setting. The main protagonist is Nasira, who is young first-serious employment at K9DC, a producer of various pet accessories. The company orders parts and assembles them in Michigan, using the made in USA trademark. It is Nasira’s job to...
Cost tracing allows conducting safe and accurate decisions with regard to the cost of business management. It is a process that matches the associated costs of the manufactured product (Taschner & Charifzadeh, 2020). There are various methods of applying production costs, such as variable and absorption costing. The two are...
Introduction In any business field, international expansion is a high-risk strategic movement that requires due preparation. Despite having the resources to initiate transnational operations, many organizations fail to navigate the waters of the multicultural world, which results in significant losses. This essay will summarize and discuss the article by Seah...
Discovering the Company’s Type To begin with, the organization is highly focused on selling various types of products: from clothes to stationery. However, Amazon also provides services in different spheres, such as housecleaning, repairing, and building. To be more exact, a customer can find experts nearby one’s area and select...
Apple Inc. is one of the best-performing companies in the communication and technology sector globally. The company majorly manufactures computers and smartphones as their main products. Apple Inc. has a significant market share around the world, making it one of the highest profit-making companies globally. The company also boasts of...
Abstract Corporate social performance (CSP) is an industry-dependent concept reflecting a company’s commitment to using its resources to promote ethical practices and achieve social goals. Sustainable business strategies and corporate social responsibility (CSR) initiatives can improve consumer loyalty and stakeholder satisfaction by protecting employee rights and supporting local communities, philanthropic...
Fraudulent manipulations of big corporations result in significant damage to their workers and stockholders. One of the most prominent examples of such acts is the Enron scandal related to false financial reporting (Petra & Spieler, 2020). The largest energy company started to engage in deceitful practices by removing a substantial...
I used to work for Walt Disney World, which is one of the biggest entertainment companies. It was created to inspire people and make them feel happier. The company has managed to do that for both visitors and employees. The Walt Disney Company management is open and flexible when it...
The computerized accounting system is a data structure that processes financial transactions and actions following GAAP to generate end-user information. The first requirement is that these systems adhere to a set of stated rules known as accounting ethics. There is also a user-defined aspect to protect records and information access...
Background Human beings desire to act in a way that improves their life. This mainly entails acting ethically both at an individual and community level, including the conduct of governments and businesses. People have different moral values which have resulted in the creation of different moral theories. A moral theory...
Summary of the Article In the article, a Working Group established by the International Ethics Standards Board for Accountants (IESBA) and the national standards from China, the U. S., THE United Kingdom, South Africa, Australia, and Canada analyzes the impact of Covid-19 pandemic on accounting. Specifically, the authors seek to...
Achieving Native Financial Empowerment helps Indigenous people in planning and managing monetary and financial backer schooling programs. Projects range from aiding people and families to comprehend the nuts and bolts of economic administration. One of the projects is The Business of Indian Agriculture, an educational program intended to help ranchers...
The success of a new business is conditional upon a variety of factors, which should be carefully examined. They include the selection of an approach for market entry, applicable business structures, and the consideration of alternatives to these aspects of the matter alongside their advantages and disadvantages. Therefore, the evaluation...
One of the most influential theories purposed to precisely describe this society is the McDonaldization theory developed by George Ritzer in 1993 (Ritzer 1). Generally, the theory demonstrates from 5 perspectives how “effective” is the working process organized in enterprises these days. First and foremost, the concept of “Efficiency” represents...
All Uber products are entirely digital, allowing the company to reduce costs. However, in this case, an ethical dilemma arises in providing services to clients. The moral dilemma is that a company faces a consumer privacy issue and cannot protect its data while protecting consumer safety is a crucial requirement....
It is necessary to utilize financial tools to ensure the correct accounting, which is vital for the operating of a company. Trial balance is one of the most common techniques, as well as a balance sheet or an income statement. According to “What is a Trial Balance?” (2020), it is...
In the environment of the constantly changing global economy, creating homogenous accounting standards is crucial. Regulated by the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB), these standards lack homogeneity (International Accounting Standards Board, 2021; Financial Accounting Standards Board, 2021). By converging IASB and FASB, the...
As the curator of a butterfly sanctuary that is running low on funds, it is my responsibility to make a decision on the best way to increase the revenue. In such cases, there are typically two options that may help solve the problem and make the business more profitable. First,...
Introduction Emirates Airlines is one of the leading carriers in the industry although the company is facing diverse challenges associated with the changes modern society has been undergoing. The company established in 1985 first used a strategy similar to other airlines by connecting the central cities (New York, London, Shanghai,...
The information technology sector with an exchange-traded fund of XLK has a positive third-party rating, which means that the investing parties have a positive perception of the commitment to this particular ETF. The European market is highly beneficial for XLK sector development, as some of the major industries tackled by...
Introduction In the contemporary world, businesses are more than ever involved in the problems affecting communities. Social aspects and environmental outcomes have become particularly important for numerous organizations. As a result, companies do not only strive to gain a competitive advantage and generate profit but also implement responsible and accountable...
P/E Ratio The current P/E ratio for Apple is 26.13, which is notably higher than the industry’s P/E ratio (20.76). Apple’s P/E ratio is also substantially lower than the 34.98 industry average. This indicates that, in comparison to the industry, particularly competitors in the company’s sector, investors who buy the...
Organizations’ annual reports are essential documents for numerous shareholders, which provide crucial information on the company’s performance and achieved results. The presentation of such knowledge can yield significant information about the enterprise’s attitude towards its public contributors, highlighting questionable moments or pertinent issues within its structure. This paper evaluates the...
Introduction Businesses differ based on structural variables and other concepts that contrast in terms of owners, stakeholders, strategies, and taxation. Business structures consist of sole proprietorships, partnerships, corporations, and limited liability companies (LLT). Each model correlates with specific benefits and disadvantages. Moreover, the profit, opportunities, and liability also depend on...
Although Apple is one of the largest companies in the world, with millions of people in possession of their gadgets, they hire outside contractors to make their products. One of the largest producers for Apple, according to the article, is Foxconn. The latter, a company based in Taiwan, manufactures products...
The breakout of COVID-19 has fast become a significant, unexpected disruption in business and is ready to wreak havoc at levels unforeseen by a financial model, economic forecast, or business strategy. According to Li et al. (2020), “the pandemic of COVID-19 has drastically changed the way people work, communicate, and...
Communication Channels The usage of different communication channels in the company’s work is crucial for the organization’s effectiveness and employees’ involvement. According to Jouany and Martic (2020), there are three main types of communication channels: digital, face-to-face, and written form. Digital communication includes the usage of e-mail, video calls, social...
The reason why the promotion of products presented by Inspired Marketing during their webinars was successful is in their suitability for people in multiple industrial sectors and, more specifically, their interests. In addition, the use of a proper strategy, which was the suggestion of topics for discussion, which are somehow...
Introduction The Corporation is a 2003 documentary that explores corporations, their influence, and their societal and legal rights that resemble the rights of a fully conscious individual. The movie directors Mark Achbar and Jennifer Abbot point out all the ethical problems that modern-day corporations portray by having business practices that...
In the analyzed case study, Nina and Matt want to expand their chain of cupcake shops, Treasure Cup, opening new shops in multiple countries. The main aspects of global integration they need to consider to be successful are the degree to which their company’s products and methods can be used...
For any company launching its business performance, the choice of a financial reporting system predetermines the opportunities of monitoring and planning monetary capital. In accounting, there are two commonly used methods of reporting, including cash-based and accrual-based reporting. While both methods are used more or less equally by different companies,...
The main argument of the article by Snyder (2014) is that people should not use the Uber application to travel around town and instead use alternative transportation methods. The issue with Uber that Snyder (2014) focuses on in this article is how this company operates, including the safety of the...
Today there is a trend in business to include storytelling in almost everything from marketing campaigns and sales presentations to corporate meetings and talent search. And it can be very beneficial for your business if you take a modern approach to create and distributing storytelling that is very engaging and...
Accounts receivable arise when two parties to the same contract cannot meet their obligations simultaneously. For example, one company ships the goods first, and the other only pays later. Because of this gap, receivables arise: one counterparty has receivables, and the other has payables (Reid and Myddelton 124). For Southwest,...
Effective communication is essential to ensure successful work flow and processes in any business or organization. It is important at all organizational levels: proper communication strategies introduced between superiors and subordinates, as well as between coworkers, can create a favourable environment at the workplace for all members of an organization....
Introduction A company’s remuneration policy for the executives is of crucial importance, as it seeks to find a balance between providing incentives for the personnel and controlling its expenses. According to ASX Corporate Governance Council (2019), a remuneration policy needs to “attract, retain and motivate high-quality senior executives and to...
The traditional costing system implies the usage of manufacturing overhead based on cost driver volumes that are required for an item’s production (Warren et al., 2018). This kind of costing method is beneficial for various reasons. First of all, it helps in the assignment of all direct costs associated with...
There are very few people in the US, and perhaps even the world, who have not heard of Magic Johnson. The NBA legend who left basketball to fight HIV in the 90s is still a vocal social advocate today. Furthermore, he is the Chairman and CEO of Magic Johnson Enterprises,...
Walmart is among the largest retail companies based in the United States, with operations and chains located worldwide. The company’s strategy is based on price advantage by offering customers goods at the lowest price tags in the market. The given evaluation and review will primarily focus on assessing Walmart as...
Even though Intel is the leader in the technology market, many of these changes have been made for a long time. Since 2017 the transition to the Agile and DevOps methodology was not obvious and was experimental. Moreover, any changes can lead to conflicts and failures within the organization’s structure,...
Wells Fargo is committed to doing business in a way that benefits communities, the economy, and the environment. In this regard, it appears that the company’s suppliers share its values and ethical standards. Accordingly, supplier operations must comply with Wells Fargo’s policies. Wells Fargo (n.d.) asserts that each supplier is...
Introduction Excellent communication is an essential skill needed to develop and support robust relationships in various milieus, such as family, workplace, and the circle of acquaintances. It allows individuals to convey clear messages to addressees, avoid and settle many conflicts and misunderstandings, make promising partnerships or friendships, and gain diverse...
The first day at a new job is always difficult, and it is important to communicate with colleagues to become a part of the team. I have had a chance to increase my skills in the business sphere by working for a huge advertisement company. Departments in this company often...
At the start of the tech boom, in the early 2010s, with the advent of the smartphone, apps, and other technical capabilities associated with the development of the B2B software, P&G did not immediately respond adequately to the widespread digitalization. The technology utilization in doing business was fully ensured only...
Current Ratio The current ratio is considered as one of the components of liquidity ratios utilized when determining the ability of a given company to clear off its short term financial debts after one year. The current ratio is identified by conducting a comparison of the organization’s current assets and...
People have always considered communication to be an essential part of their lives. It is generally agreed that without communication, there can be no cooperation between individuals and groups of individuals. Unfortunately, if communicative patterns are violated in a certain company, this organization is bound to face problems concerning efficiency....
Background of the Case and Ethical Issues In this case, Karin Morgan, who is a Controller at Kappa Co, must decide about the suitable, for her company, space to rent. She considers two distinct alternatives, and the cheapest of which complies with all the requirements but is owned by Karin’s...
Introduction The corporate governance structures differ around the world, but not too much. There are only some details, like the primacy or scope of responsibility and power concentrated in the hands of managers, as well as ways of interacting with the legislation of different countries. For example, in the United...
