Strategic Management
Notices This report was prepared by experts in McDonald’s in the course of performing their duties for this company. The opinions expressed in this report reflect the HRM role in this organization, and orientations to any specific manufactured goods, service, procedure, or method do not constitute an indirect or expressed...
Words: 5225
Pages: 21
Human Resource Management
Executive Summary Introduction The company concerned is a registered migration agency based in Melbourne with three overseas offices locating in major cities in China. The company employs over 20 professional employees with two departments namely Nasra Student Services, and Nasra Migration Services. The company hereafter is shorted for Nasra Group....
Words: 4799
Pages: 19
Management
Acknowledgments This study may not be achievable without the cooperation, guidance, and support and of a few people and organizations. University adopted Supervisor Dr. – PQR2, Lecturer, Department of Department of Accounting/ Financial Management, ABC University, was the resource of the inspiration and motivation to this dissertation effort. He has...
Words: 12841
Pages: 45
Management
Introduction Platt (2002) defines Enterprise Architecture (EA) as a conceptual tool that assists organizations with the understanding of their structure and the way they work’. It is becoming a common tool for large organizations willing to embrace technology. This tool encompasses all the technical aspects into a single software. In...
Words: 5022
Pages: 19
Management
Introduction With the current trends in commercial activities, the importance of human resource capital has been of high consideration. This is in the realization of the role played by the workers in an organization. In all organizations, the leadership styles are determined and promoted by various theories in which the...
Words: 3674
Pages: 15
Brand Management
Introduction Procter and Gamble Company is an American company engaged in the production of a range of various consumer goods. It is situated in America, making up as the American 25th largest company in terms of revenue. It is figured as the 18th largest company in profit marking within American...
Words: 7629
Pages: 30
Business Strategy
The most efficient Blockbuster strategy was the global expansion and implementation of new technologies, such as e-commerce, in 2002. For more details, read this analysis of Blockbuster business model and discover the company’s failures and successes. Introduction Blockbuster Inc. is an American company that is involved in the music, movie,...
Words: 4371
Pages: 17
Financial Management
Introduction Public companies have a variety of stakeholders, such as shareholders, bondholders, bankers, suppliers, employees, and management. All these stakeholders need to monitor the firm and ensure that their interests are being served. They rely on the company’s financial statements to provide the necessary information. Detailed analysis of the financial...
Words: 2384
Pages: 9
Business Analysis Case Study
Introduction Modern businesses make every effort to maintain and attract new customers in order to foster there growth and enhance the chances of profitability within there particular industries. They cannot achieve this objective unless they carry out there businesses within the provisions of commercial law in that particular country. There...
Words: 2259
Pages: 9
Marketing
The Internet and the development of WWW have changed communication patterns and greatly impacted marketing channels and techniques. Digital marketing proposes opportunities for companies to reach their target audiences faster and at a low cost. This connection between good levels of customer service and good levels of customer satisfaction and...
Words: 3342
Pages: 14
Marketing
Introduction Retail marketing has over the past few years increase significantly as firms fight for survival and growth within there respective industries. Firms also strive to remain international in scope and these businesses are faced with many challenges in their current business undertakings and there is a need for them...
Words: 2548
Pages: 10
Management
Introduction Teams are very important elements in the new high-performance organizations. These teams are very different from other committees in that, they have created performance goals to achieve, and also the members of those teams feel accountable for achieving those goals. A team is a manageable group that joins together...
Words: 1960
Pages: 8
Human Resource Management
Introduction The term management has a different meaning from a different point of view. The meaning changes with the person with whom it is referred to. In general, we can say that management is a process of planning managing resources to accomplish a certain goal and to get the best-produced...
Words: 5249
Pages: 20
Management
Introduction The arrangement of firms at the enterprise level – in core, the generally management and control requierments for the association used to be a comparatively easy implement. Traditional organizations consisted of patterns of practical units occupied in product expansion, producing, and selling. Depending on the degree of interconfidence necessary...
Words: 1840
Pages: 7
Business Ethics
Introduction Ethical standards in business relate to the study of moral awareness, character, and conduct that are applicable to business firms and professionals. The main questions arising in ethical consideration are: what is right, proper, and just in its present context? These terms and questions are going to become more...
Words: 2178
Pages: 9
Human Resource Management
Introduction Diversity in the workplace has been a hotbed of controversy ever since minority groups have gained a foothold in the workforce. Because minority groups have proven to be valuable assets to most companies in terms of talent as well as infusing fresh cultural perspectives in business, many companies have...
Words: 2474
Pages: 10
Economics
Introduction According to the Union of International Associations (2007), the lack of minimum wage fixing escalates industrial conflict and impedes the development of stable collective bargaining relationships. Likewise, levels of wages not enough to maintain family life, long hours of work, women’s night work, industrial homework, sweatshop methods, and child...
Words: 2668
Pages: 11
Branding
Introduction In its most basic function, branding is a method by which a product is identified. A few decades before, branding was a method that was used to introduce a product into the market. The growth of the product as a sought-out brand was to happen on the merits of...
Words: 3918
Pages: 14
Employee Relations
Abstract Over the past decades, more and more employers began engaging in human resource development practices, seeking to promote lifelong employment. In this context, career development and education have become particularly important. The key problem identified as a result of the literature review is that scholarly literature lacks the discussion...
Words: 3672
Pages: 15
Marketing Strategy
Introduction We propose to select an analysis of the marketing strategy of Coca-Cola, the popular brand of non-alcoholic beverage, which is the leading brand all over the world. Coca-Cola, the largest soft beverage manufacturer, and distributor had its humble beginning in the year 1886, with an initial investment of US...
Words: 2662
Pages: 10
Economics
Introduction Macroeconomics This is a branch of economics that deals with the aggregate factors in the economy, it entails factors such as unemployment, inflation, foreign exchange, and investment unlike microeconomics which deals with is mostly involved in setting prices for the scarce resources. Macroeconomics tries to explain the reasons for...
Words: 2248
Pages: 8
Logistics
Data Analysis Introduction The previous chapter provided a detailed explanation of the method that would be used to collect and analyze primary data. In this chapter, the researcher focused on the actual analysis of data collected from different participants. Enterprise resource planning is gaining popularity in both developed and developing...
Words: 5542
Pages: 21
Business Analysis Case Study
Introduction Consulting firms are facing rapid changes regarding service delivery and the nature of knowledge management systems operated by their clients. To cope with the changes occurring in the information technology and to be able to serve their customers well, knowledge management system must be in place. The use of...
Words: 3679
Pages: 15
Management
Abstract The aim of the present work is to enumerate, analyze and sum up all key strategies in Business Process Redesign. The following strategies have been assessed in the work: Quality Management, Business Process Engineering, Benchmarking, and Performance Measurement. Firstly, the three are defined, and the descriptions of their essence...
Words: 3083
Pages: 14
Human Resource Management
Introduction Staffing is the function of searching for the right person for the right position. It is the process of finding new employees or retaining the existing employees for fulfilling the demands of appropriate job opportunities. It is the third function of management, after planning and organizing which is holding...
Words: 2287
Pages: 9
Human Resource Management
Executive Summary The stability of workforce is considered essential for a company’s success. Effective control over attrition rates is crucial for employees’ retention. This reportprovides a critical review of three studies concerning the attrition rates within companies. The methodology used in theanalysed research papers includes primary methods of data collection,...
Words: 2755
Pages: 11
Economics
How the Theory of Demand and Supply Affects the Supply and Demand of Houses The theory of demand and supply tends to explain the behavior of sellers as well as buyers as far as the price and quantity of goods supplied and purchased is concerned. This model encompasses two scenarios...
Words: 5347
Pages: 19
Management
Executive summary The report looks at the group development, conflict management, and group leadership of a team of five band members whose main function is to perform concerts. A group development analysis by Tuchman’s model shows that the team is currently at the performing stage. The dynamics of the group...
Words: 3529
Pages: 15
Management
Abstract in daily unfolding around the world, workplace discrimination is the unfortunate reality the unveils itself to hundreds of working class. Therefore, the best and appropriate actions should be taken. Discrimination is characterized by many deeds of unfairness and injustices. Women are mostly discriminated segment in society propelled by sexual...
Words: 1698
Pages: 7
Company Analysis
Executive Summary Glancing through the case study of Fastening Technologies Ltd (FTL), it is quite apparent that the company has been going through a challenging time. Part of the reason appears to be the general business environment, which has become fiercely competitive under the globalization regime. But the company appears...
Words: 3087
Pages: 12
International Marketing
Introduction In the recent past, trading activities have become increasingly global in some way because of the need to gather and increase the company’s financial bases. This has been attributed to increased growth and sophisticated approaches that organizations are using nowadays to conquer markets. (Hollensen, 2004) Due to modernization and...
Words: 3438
Pages: 14
Strategic Management
Introduction Sharp Corporation is considered one of the pillars of the electronics industry. It started from a mechanical pencil named Ever Sharp in 1912. Since then, the company has expanded its expertise and innovation worldwide. At present, Sharp ranks as one of the most successful electronics firms. Its semiconductor segment...
Words: 3235
Pages: 14
Business Ethics
Abstract This research paper deals with business ethics in relation to information technology. Development in technology has outpaced present laws and companies have used their influence and prowess to do things that are not acceptable in the public domain. Thus this paper discusses the ethical and unethical business behavior with...
Words: 2359
Pages: 9
Human Resource Management
In the context of greater interest being shown in outsourcing some or all parts of specialist human resource work, Discuss the argument that line managers and the human resource functions need to work closely with one another in order to improve performance. Introduction Human resource managers and line managers are...
Words: 2057
Pages: 9
Management
Introduction Culture, organizational and national, has a great impact on every organization and its effective performance. In the pursuit of our everyday tasks and objectives, it is all too easy to forget the less rational and instrumental, the more symbolic social tissue around people that gives a meaning to everyday...
Words: 2943
Pages: 12
Management
Introduction With the advent of globalization and expansion of the firms across geographical locations, the competition among business enterprises have become intense. This has necessitated the firms to employ best management practices in every functional area. The most critical factor for the success of a business enterprise is not only...
Words: 2110
Pages: 8
Company Analysis
Introduction For most firms, competitiveness is the key to success. Some companies have devoted efforts to improve their standing in the dynamic market. In addition, several companies have learned to adapt strategies that are designed to improve organizational competency. Primarily, the manufacturing sector has become the concentration of improvements. Definitely,...
Words: 2528
Pages: 10
Management
Introduction According to the expert analysis operations management deals with all the operations inside an organization. The management includes an extensive range of exploit and involves; excellence control, logistic, assessment, managing purchases, record control, and product intend and manufacture management (Skills and Practice). Operations management is distinct as the management...
Words: 2688
Pages: 11
Accounting
Introduction Accounting has changed over time by recognizing the effects of accounting information on management procedures, security pricing decisions, or on social accountability and welfare. Thus, interpretations, measures and definitions of costs and benefits presented in accounting reports have changed. When addressing the cost of producing goods and services in...
Words: 2438
Pages: 10
Human Resource Management
It is very important that health, safety, and welfare of employees that provide their time for the benefit of an organization should be provided care, in order to allow their best utilization of capabilities during their period of employment. In other words, it is the duty of employers to be...
Words: 1940
Pages: 8
Human Resource Management
Developing Professional Practice The job of a Human Resource (HR) manager might seem comparatively easy and lacking the connection to the rest of the organizational processes, yet the stated assumption cannot be further away from the truth. An HR manager plays a key role in laying the foundation for the...
Words: 2565
Pages: 10
Marketing
Introduction If we analyze then we come to know that international marketing has become an extremely significant concept for businesses in the world where international deal is a common thing and that expanding trade outside the domestic market is the next rational step for prominent companies in today’s trade norm...
Words: 1910
Pages: 8
Business Communication
Introduction Conflict happens over disagreements over the goals, personal aspirations, methods used by organizations to achieve business goals. Conflicts can happen between individuals, between groups, between individuals and the management, and also between the management and groups. Conflict is generally regarded as an unwanted manifestation of people’s lack of motivation...
Words: 1526
Pages: 7
Mission & Vision
Introduction Nowadays the World Trade Organization (WTO) is one of the most powerful institutions. It was established in 1995 as the successor to the General Agreement on Tariffs and Trade (GATT). This international organization establishes the rules of trade between nations, handles trade disputes and enforces the GATT agreements. According...
Words: 1903
Pages: 8
Employee Relations
Introduction The different strategies to manage stress within an organization can be classified into two categories: strategies to tackle the factors responsible for causing stress in employees, and creating programs to eradicate stress in employees and improve their health and well-being. The first category includes 10 strategies, and the second...
Words: 1604
Pages: 6
Marketing
Introduction Before any major changes are made in a business it is good to undertake market research to determine the effect the change will have on the business. Market research ensures that the business does not face for instance undergo financial problems because of poor research. The problems might arise...
Words: 2220
Pages: 9
Management
The analysis of relationship between the corporation and the stakeholders helps in identifying the field and scope for change and improvement and for collaboration between the two. The aim of collaboration is creation of business value for both. Since the corporation receives money from the shareholders the main interest of...
Words: 1933
Pages: 8
Economics
Introduction China’s market reforms began under the administration of Deng Xiaoping in 1978, whereas market reforms in Russia started in 1985 under the Gorbachev’s administration (Barry N, 1995 pp. 17-380) (Moore T, 2002 pp 78-105). During this period many economists and experts were optimistic that Russia would effectively achieve a...
Words: 2308
Pages: 9
Advertising
Abstract The paper is devoted to exploring the role of social media in digital marketing. It has an aim to identify the most common and impactful social media marketing activities by using the narrative literature review methodology. The total study sample included five high-quality, empirical articles that are critically appraised...
Words: 3676
Pages: 15
Business Planning
Introduction Information has emerged as an essential agent of integration of corporate activities and also as enabler for enhancing the competitiveness of present day’s business houses in the domestic as well as international market place. However, the question that whether the shifts in the strategic planning methods are really supporting...
Words: 3283
Pages: 13
Industries
Introduction The discount and variety retailing industry is mainly comprised of department stores that are structured in the form of retail establishments. These stores specialize in dealing with a wide variety of products. There is not any store of this nature that specializes in selling a single merchandise line. The...
Words: 3376
Pages: 13
Marketing Strategy
Abstract Today service organizations are undergoing massive reengineering “tactics” as they are faced with increased competition, outdated technology, and a changing customer base. Service companies strive to differentiate at the quality of service they offer to their customers seeking lasting profitable customer relationships. Company leaders are beginning to embrace Customer...
Words: 14066
Pages: 52
Economics
Introduction Economics is a social science and that deals with structure and performance of national economy as a whole. People who seek to understand the trends of economy are known as economists. Macro economy is also a branch of economics and the specialists of macro economy are known as Macro...
Words: 1818
Pages: 7
Business Ethics
Introduction Due to high levels of competition and the presence of multiple challenges, the notion of business ethics has always been viewed rather suspiciously by most participants of economic and trade-related transactions. However, the idea of ethics and moral reprehensibility as an addition to legal agreements has been an important...
Words: 3102
Pages: 13
Marketing
Introduction This is a research paper aimed at studying the diversity in the trends through which marketing management systems support has evolved. It’s a study focus aimed to relate the different phases in this technological evolvement with the relation in the market systems. Since the emergence of the marketing management...
Words: 3881
Pages: 18
Marketing
Perfect Competition In order, a market to be described as perfect several factors must be satisfied. Therefore, I describe perfect competition as a market structure where there a large number of buyers and sellers such that no individual buyer or seller can influence demand, supply, or price, and no firm...
Words: 2375
Pages: 9
Management
How it all began? Knowledge Management (KM) significance was unknown to the industrialized world until individual entrepreneurs and global corporations felt the bottlenecks to efficiency towards large-scale manufacturing. In many organizations, it was recognized by the higher management teams that individuals alone are unable to contribute towards the mutual productivity...
Words: 3676
Pages: 15
Management
Introduction Organizational behavior is a field of study, which looks at the impact that individuals and groups have on the behaviors within organizations with the aim of applying such knowledge in improving the organization’s effectiveness. It means that organizational behavior can be subdivided into many functions; these functions are determined...
Words: 1966
Pages: 8
Human Resource Management
Performance appraisal is essential to the victorious operation of most firms. During this process, employees are evaluated formally and informally to determine the nature of their contributions to the organization. Appraisal occurs during periods and in meetings scheduled to produce a reasoned consideration of contributions. Still, it also occurs informally...
Words: 3558
Pages: 14
Management
Different managerial styles The process of becoming an effective manager starts with learning the right managerial style. Some of the managerial styles are people-oriented, while others are project or product-oriented. The chosen style depends on the skills, knowledge, and resources as well as desired results that are available to the...
Words: 1730
Pages: 7
Innovation
The global society has entered a new information age which transformed all social spheres and interaction between people. This change was caused by computer revolution and development of the Internet. Modern technology and civilization are obviously a subject of tremendous scope and one which might be treated in a hundred...
Words: 2208
Pages: 9
International Marketing
China is the world’s most populous country and one with a very rapidly growing economy. In fact China’s gross domestic product has been estimated to have grown at 9.9 percent in year 2005 which is astronomical for any country to achieve. It is forecasted that China will perform just as...
Words: 1503
Pages: 6
Financial Management
Introduction The world of business is in the midst of revolution in which the key ingredient is control and Management. Every company that wants to move forward must embrace Information technology based. The purpose of businesses is maximization of goals especially this era of corporate sustainability and achieve this companies...
Words: 3003
Pages: 11
Economics
Introduction The African Americans and other minor groups in America were not seen to have any rights as compared to the whites and these people were discriminated in terms of education, economic and social conditions, political; conditions. This meant that such groups were highly affected by poverty and problems of...
Words: 1747
Pages: 7
Company Analysis
Brief Overview Starbucks Corporation is and has always been a place where you can find good coffee. Some customers visit starbucks chain stores to sip the best coffee in the world; others go to have a good time with friends, listen to popular music or even to be part of...
Words: 3077
Pages: 12
Management
Concept and Components of HPW To retain their competitive advantage in the context of the modern economy and locate new opportunities for economic growth, organizations have to seek out strategies for increasing performance and frameworks for introducing practices leading to better outcomes. For this purpose, the notions of high-performance work...
Words: 3732
Pages: 15
Logistics
In the current global environment, there is a growing concern over shocks being experienced in established supply chains in every industry. As results, many business organizations are rethinking their existing supply chains collaboration in an effort to combat such shocks (Journal of supply management). The effect on business organizations has...
Words: 1698
Pages: 7
Strategic Management
Introduction A company business strategy involves coming up with the overall direction of the company, its goals and performance metrics, and arranging for the resources with which to achieve that strategy. Business strategy includes marketing elements involving the products and services specification and the positioning of those in the market...
Words: 2745
Pages: 10
Strategic Management
Introduction “…in 1997, the vast bulk of global students came from Asia (in surplus of 85% of the sum) – the top ten countries of origin are all in Asia. specially, the South East Asian (SEA) countries of Malaysia, Singapore, Hong Kong and Indonesia contribute 68% of the entirety overseas...
Words: 2529
Pages: 12
Human Resource Management
Main Objective of the Assessment Positive practices of employee management are necessary for organizations to increase performance, boost engagement and ultimately reach a competitive advantage. Workers who are treated with respect and are supported in their endeavors represent valuable assets to companies because they are dedicated to their work and...
Words: 4388
Pages: 17
Business Analysis Case Study
Abstract Social media is a new marketing arena that has created excitement and intensified competition among companies, businesses, and brands to develop relationships, create news, and build communities in the global virtual space. This exploration seeks to understand the effect of social media on how the tech giant Google has...
Words: 3419
Pages: 15
Economics
Introduction Current essay is divided into two main subsections which though are firmly interconnected. First, the issue of increasing importance of informational technologies in business and organization are discussed with considerable reference to existing technologies. Thereby current essay provides necessary background of the problem and introduction which is then followed...
Words: 1612
Pages: 7
Business Planning
Describe the ‘traditional’ and ‘transnational’ approaches to innovation used by Bartlett and Ghoshal For any enterprise, changing conditions brought on by changing competition, markets, and technology confront executives with a major and continuing challenge to decide on what specific new business interests to pursue. Unless a company constantly looks ahead,...
Words: 2298
Pages: 9
Brand Management
Introduction In today’s economic environment, the growth of the role of pricing policy is primarily driven by two factors. First, depending on the market situation and the nature of the impact of the marketing environment, the enterprise can formulate a level of product prices, which will be able to obtain...
Words: 1922
Pages: 8
Business Analysis Case Study
Introduction The given assessment will evaluate a Dubai-based organization DP World on the basis of its ethical management practices in accordance with Dubai’s environment. It is a transportation company that operates as a global center of container shipments. In order to fully understand the underlying reasons for the company’s issues...
Words: 1727
Pages: 7
Strategic Management
Executive Summary As world markets change very fast making them not easy to predict, the top management organs like the CEOs, need to be flexible with their management strategies and business tactics, by making sure that their Global Companies operates within a wide visionary context, by displaying skillful tactics like...
Words: 3506
Pages: 15
Human Resource Management
Introduction Personnel management, also known as Human Resource Management, is an essential management concept in the modern world. The practice and approaches of HR management have been one of the key factors of the global industrial scenario for a long time and the concept came up in India after the...
Words: 4691
Pages: 18
Marketing
Defining Corporate Social Responsibility CSR as a phrase has been more and more commonly used during recent years. CSR is a tool, which contains several issues and has a wide variety of definitions. When looking at some of the definitions we can see that CSR takes several aspects into consideration....
Words: 2388
Pages: 9
Mission & Vision
Executive Summary The paper evaluated the Starbucks Company in terms of its mission statement and its original objectives that were set forewarned by the company. Through the evaluation as per the article titled ‘Saving Starbucks Soul’ and ‘Importance of Great Customer Experiences’ form the Newsweek as well as the operations...
Words: 1577
Pages: 7
Entrepreneurship
Successful entrepreneurs develop innovative concepts and strategies to achieve their potential. More often than not, small businesses fail to implement appropriate initiatives to deliver positive results. They tend to ignore critical attributes such as targeting, segmentation, positioning, and effective marketing mix. This paper gives a detailed description of a small...
Words: 1643
Pages: 7
Entrepreneurship
Introduction Before starting any business, it is paramount for entrepreneurs to formulate a business plan. A business plan entails a detailed account that outlines how a certain business idea will be implemented within a particular time frame. According to Abrams, and Kleiner(2003, p.33), a business plan acts as a guide...
Words: 1549
Pages: 7
Finance
The Federal Reserve administers the American budget by means of several gears. They apply these gears to outline the financial strategy of the United States, endorse economic growth, and decrease the degree of price increases and the redundancy percentage. By regulating these gears, the Federal Reserve can administer the expanse...
Words: 1948
Pages: 8
Mission & Vision
Mission and Vision Mission and vision are crucial to companies operating in the healthcare sector, as they define the organisation’s priorities and assist in planning strategic moves at all stages of organisational development. The vision of NMC Healthcare is “to be the trusted healthcare provider across the globe, driven by...
Words: 1962
Pages: 8
Finance
Introduction When considering the development of global marketing strategies, the question of how to consolidate the preparation of financial reports have turned out to be one of the most crucial problems. In an attempt to make the process of reporting easier and to create global standards, the International Financial Reporting...
Words: 1908
Pages: 8
Finance
International Financial Reporting Standards (IFRS) are a globally acceptable system of fiscal analysis whose primary objective is to harmonize economic reporting. The International Accounting Standards Board (IASB) recognizes IFRS as an efficient means of providing a common approach to analyzing business affairs (De George, Li & Shivakumar 2016). Increased foreign...
Words: 1975
Pages: 9
Finance
Abstract This paper examines an industrial company located in the United Arabs Emirates, Dubai. It examines the financial performance and health of the company using the company’s financial statements that include the income statement and the balance sheet and the ratio calculations, which include the short-term solvency ratios, asset management...
Words: 1795
Pages: 6
Business Strategy
Introduction The creation of strategies may be a one-sitting process and thus perceived to be easy and successful. However, the strategies put in place will have no meaning if not well implemented. In fact, the implementation part is what causes failures from the side of the management. In order for...
Words: 1591
Pages: 7
Advertising
Introduction Marketing and other effective promotional strategies play a very important role in creating a good impact for prospective consumers. In today’s time, many marketing strategies are focused mainly on attracting the consumer’s attention by creating a good impression. This is the very reason why various forms of media have...
Words: 4324
Pages: 18
Financial Management
Traditional Activity-Based Costing (ABC) systems have been implemented at organizations since the middle of the 1980s when industrialization reached its peak. Such systems refer to accounting methods, which identify costs and assign them to overhead activities and then link them to product costs. Thus, an ABC system is used for...
Words: 1656
Pages: 7
Finance
Introduction A critical analysis of recent research findings and existing literature on financial stability reveals that the issue of financial stability has attracted significant attention from policymakers and academics across the globe. The cause of the increased concern can be traced to the severe economic consequences associated with the financial...
Words: 1991
Pages: 8
Finance
Overview of IFRS The American Institute of Certified Public Accountants (AICPA) proposed an online course that helps to understand the basic principles associated with the IFRS. The first segment of the course is the introduction to the key principles behind the IFRS that are discussed by the experts in the...
Words: 1512
Pages: 6
Economics
Introduction The concept of comparative advantage is central to the international trade discourses that are driven by perspectives of competitive advantage. In a bid to place organisations’ goods and services in the global market, price is an important factor that enhances the competitive advantage of an organisation in comparison with...
Words: 1971
Pages: 8
Economics
Malthus and Ricardo, a Comparison and Contrast of their Views Development and Population Research ascertains that most of the economic theories that were developed in the 19th and 20th centuries were focused on the way the market economies functioned during that period. Among the prominent economic theorists during this period...
Words: 1707
Pages: 7
Industries
In 1956, a survey was conducted to determine how progressively oil companies were applying linear programming in the manufacturing, distribution, and drilling. The paper looks into the pros and cons of using linear programming in the whole process of oil exploration. The following advantages and disadvantages emerged. Simulation has many...
Words: 1809
Pages: 7
Economics
Economic indicators are statistics about the performance of a country’s economy. These indicators are used in the analysis of economic performance and are vital in the predictions of future development performance of countries. Economic indicators are vital tools in studying business cycles (Clark 26). Economists have used economic indicators to...
Words: 1755
Pages: 7
Industries
The importance of petroleum oil in determining the direction of the world cannot be undermined more so in the new millennium. The 1979 Iran crisis highlighted the role petroleum had on the world economy when a group of religious students surrounded the U.S embassy compound and laid siege of the...
Words: 2526
Pages: 9
Economics
Introduction Adam Smith was a philosopher, political economist, and a major enlightenment figure from Scotland who lived between the years 1723 and 1790 (Berry, Paganelli & Smith, 2013). He is known for authoring two literary works that catapulted him to fame as both a political economist and a moral philosopher....
Words: 1985
Pages: 8
Economics
Introduction The market society also has a close reference to the term “commercial society.” Market society overrides a materialized system of trade. The system offers originality and an accessible means of integrating the modern market social thoughts with the aim of changing people’s concepts regarding trade. The market system arguments...
Words: 1708
Pages: 7
Economics
Introduction The life cycle of a product has three stages. The first stage relates to the initial location of production. When the product is new it is produced in the home market because of the need for efficient coordination between different units of production as well as local demand. In...
Words: 3942
Pages: 18
Industries
Introduction Bentley (2002) observes that the global supply of conventional oil will soon fall. The rationale here is that the total amount of oil produced globally (apart from the five major Middle East producers) has almost reached the optimal level on the basis of the physical resource boundaries. If the...
Words: 1670
Pages: 7
Economics
Introduction Adam Smith was a philosopher, political economist, and a major enlightenment figure from Scotland who lived between the years 1723 and 1790 (Berry, Paganelli & Smith, 2013). He is known for authoring two literary works that catapulted him to fame as both a political economist and a moral philosopher....
Words: 1979
Pages: 8
Marketing
Introduction With the advent of globalization, geographical boundaries are slowly dissolving, leading to great integration of markets around the world. Increasing market size is leading to increased competition and a need for more efficient utilization of marketing resources. Towards reaching this end, there is an expanding interest in identifying actionable...
Words: 3868
Pages: 15