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Introduction Information resources are traditionally viewed as information technology (IT) assets and capabilities that are available for businesses to help them perform processes, complete tasks, achieve strategic goals and improve competitive advantage. Such resources include technology, data, IT infrastructure, devices, IT knowledge, hardware and software among other available tools and...
Abstract Risk management is an important field in market operation. Most of the firms insures their businesses so that they can recover in case of a loss. The main objective of risk managers is to help the company overcome various barriers in the future. A good risk manager knows how...
Introduction The key focus of the following paper is operations management about the supply chain of the Wal-Mart company. The paper enlists the company’s background and its competitive priorities, which mainly consist in reliance on IT ad data analysis implementation, as well as operations management deployment. In this respect, the...
Knowledge management at Airbus Group Airbus Group stands out as one of the leading pacesetters in the production of aircraft across the globe. The company has the capacity to develop large passenger aircraft that can carry between 100 and 555 people (Weber et al., 2008). Besides, it enjoys a global...
Introduction Anglo American PLC Company is the largest Gold mining organization in the world. It has created many employment opportunities for many people all over the world. The company has many subsidiaries in many parts of the world, and therefore, it can be said to really have done well for...
Introduction Companies that operate in today’s competitive market embark on providing unique services and experiences to consumers by producing creative and innovative products. The goal of this paper is to analyze a particular company’s strategic objectives that are organized around innovation. In particular, Tesla Motors provides an important case study...
Change and Communication Strategy In the modern dynamic organizational environment, change management is very important because it defines the ability of such an organization to remain relevant. It must ensure that it is capable of dealing with change in policy, law, or any other external environmental force that may require...
Introduction Since the times of Frederick W. Taylor, organizations from all over the world have been seeking the best ways to plan their work to do it faster and cheaper. Management has since then adopted what is regarded as the new paradigm, which aims at encouraging workers to work smarter...
Introduction Managers usually have vital roles within an organization that are paramount to its success. However, managers have unique responsibilities and are considered to be the backbone of any organization and utmost necessity in creating and maintaining a healthy organizational culture within an organization. Managers provide an organization with some...
Total Quality Management is a strategy that becomes a way of life for the company as it becomes a method of doing every possible activity in the company. But in order to be successful, it has to be introduced and led by top management. This is a fundamental requirement, and...
What is meant by Fiscal Policy? Fiscal policy refers to the government’s program for expenditures and responsibility for implementation to spur economic growth. Fiscal policy works together with monetary policy and is both implemented by the Central Bank of the country. Fiscal policy is employed every year by the government...
Introduction The United States is one of the leading importers of oil. Around 50 percent of its crude oil demand is acquired from different countries in the Middle East. When the prices of oil increase, many citizens become dissatisfied since they find it hard to achieve their economic goals. The...
Introduction In spite of differences in the impact on economic sectors, the global financial crisis of 2007-2008 influenced all the world economies. The crisis first attacked the economy of the United States, and the U.S. partners, including the world advanced economies, became most vulnerable in relation to the further crisis...
Globalization is one of the forces shaping current macroeconomic realities. It is the process of the elimination of the geopolitical barriers to trade and communication (Guttal 56). GDP is widely accepted as the macroeconomic indicator that shows changes in economic growth (Zatzman and Islam 27). It usually applies to specific...
Inflation Inflation is a common occurrence in the world’s economies which occurs when the prices of goods and services go up for a given period of time. When this happens, the economy’s currency is normally negatively affected because its value decreases such that the currency during inflation buys lesser goods...
Strategic Management Strategic management was often considered as one of the main tools which help organizations to compete on the market and create strategic goals and competitive position. The built environment sector represents a unique market segment within the construction industry. This sector requires unique strategic goals and strategic thinking...
Introduction In starting any form of a business, one should be aware of the registration requirements, liability, and taxes that will be levied on the business. This is very important because this knowledge ensures the smooth operation of a business. When a business is registered, it shows the real evidence...
Introduction Customer service has always been an important part of a company, but today it has become indispensable. According to Hayes and Dredge (1998), customers have a lot more freedom of choice today than they had ever before, and the market for any product or service is highly competitive. This...
Figure 1: Qatar’s key macroeconomic data KEY ECONOMIC DATA 2006 2007 2008 2009 2010 2011 2012 GDP (current or constant USD billions) 60.5 billion 79.5 billion 115.0 billion 97.6 billion 127.3 billion 173.0 billion GDP per capita (USD) $ 61,836.32 $ 67,516.14 $ 82,388.85 $ 61,075.01 $ 72,397.61 $ 92,501.50...
Apple Inc. is probably a world’s best-known company, whose success is considered to be definitive and complete. Apple’s innovative and effective ways of making business for a long time have been attracting the attention of numerous researchers and business analysts, while many other companies have been trying to imitate them,...
Introduction The business I envision will be in the manufacturing sector. It will be involved in the design and manufacturing of clothes and will focus on manufacturing clothes for various castings in the film industry. Sage Costuming will be the name of the company. My operations strategy for Sage Costuming...
This export business plan essentially aims at preparing the business and makes it ready for entry into the international marketplace. In this process of exporting the products, certain steps must be followed in order to achieve success. The steps are in the form of a worksheet, which is divided into...
Company Mission and Critique Papa John’s International Inc.’s current mission is to focus on the customers, team members, franchises, and shareholders. Because Papa John’s wants customer satisfaction, the firm uses fresh ingredients to produce high quality pizza. The corporation ensures team work by providing a training program to the employees;...
Abstract The General Electric Company (GE) is a multinational American services and technology conglomerate founded in New York City in 1892. Being one of the most diversified corporations in the world, GE’s products include electrical and electronic equipment, aircraft engines, and financial services. The company has been divided into six...
Company Background History Founded in 1997, the Netflix Company has grown and is currently well placed in the movie rental industry of America and the rest of the world. The company operates in the entertainment industry and offers products such as video on demand and media streaming. Besides, the company...
Part 1 Important issues from concepts and material of Chapters 1, 2, 4 and 5 text and lecture notes Jet Blue has managed to provide excellent customer services in its operations (Zeithaml, Bitner and Gremler 609). The company has been ranked as one of best companies in terms of consumer...
Introduction and Background of the Business Idea The purpose of this business proposal is to describe the business type, objectives, activities, location, unique selling point, market environment, and business needs. Besides, the proposal reviews the rationale for the business, target market, customers, and key competitors. The company will be called...
Introduction Apple Company has encountered a myriad of ethical and corporate responsibility challenges throughout its history. The company endeavors to offer products and services that meet consumer needs. Falck and Heblich (2009) allege that one of Apple’s corporate responsibilities is to guarantee that suppliers offer quality products. In addition, Apple...
Introduction Apple Inc is mainly a consumer company that sells markets and provides consumer support on its website. Some of its products include hardware, Mac computers, ipod, and music players, among others (Apple Incorporated, 2011). Apple has embraced internet marketing in a bid to popularize its wide range of products...
Abstract Today it is apparent that there is need to understanding the relationship between management and leadership styles due to diversification in current employment patterns. Arguably, the discipline of management seems to be surrendering its role to that of leadership. On the other hand, leadership style is often a major...
Quality management can be simply described as continuous improvement in a product or service. However, to define quality effectively, eight dimensions can be used. According to Garvin (1987), there are eight classifications of quality that act as a platform for strategic quality examination. These areas are described below: The first...
Manufacturing companies in the United States have continuously been looking for effective approaches and strategies which would facilitate a reduction in expenditure and at the same time enhance productivity thereby enabling them to ascertain a superior position in comparison to their competitors, with an escalation in the market share. The...
Leadership style Each organisation is unique in its own way, meaning that different organisations have different organisational culture, structure, mission and vision. Scholars of leadership have developed theories which explain the nature and style of leadership. The theories are based on traits of leaders, situations of leadership and behavior of...
Literature Review In the modern competitive business environment, the need to maintain high quality is increasing as firms try to remain relevant in the market. European Framework for Quality Management is one of the tools used to enhance quality within an organization (Rumane, 2016). This tool has been considered very...
Organisational behaviour is widely-defined across different cultural and geographical regions. In this regard, the meaning of this term would tend to be different across various organisations, depending on cultural factors and geographical factors, among other influential aspects. Generally, this is the type of study normally carried out on organisations with...
Introduction Any sphere of activity demands some governance. Business is not an exception. Organizations require set guidelines, principles that govern the conduct of its members aimed at attaining its goals which can be also called philosophies. A philosophy in essence is a critical position about an issue, a perspective that...
Instructions The purpose of the Learner’s Log Book (LLB) is to document the achievements of the learner in a central repository that will be considered as evidence on the effectiveness of the learning process. It is a ‘monitoring tool’ that e-tutors use to report on individual learners’ progress and it...
Introduction Change management is one of the courses that cannot be neglected or misunderstood. It helps to realize why so many things are changing around constantly, what has and can be expected from changes, how the process of change should be organized, and if it is possible to control changes...
This paper is a summarization of theory notes and reflection about the importance of different management schools. Discover various management theories to make a conclusion of evolution of management thought. Management Thought Overview Management is the act of coordinating resources and activities in an organization to achieve certain goals and...
Summary This paper explores several total quality management (TQM) tools that are currently being applied by businesses to improve their overall performance. Contemporary organizations deploy TQM tools to maximize their overall turnover and to increase their market shares. This paper explores three major tools that firms in the UAE use...
Introduction Quality is the key determinant and the most desired objective of doing business whether a company is involved in manufacturing or providing services. The concept of quality has changed over time, as new practices for achieving higher levels of performance have been introduced. Nowadays, there are numerous practices for...
Summary Continuous improvement is one of the most popular topics in present-day management research. In this article, the author sought to understand the processes and dynamics of continuous improvement (CI) in two Finnish manufacturing organizations. In this article, CI is discussed as organizational renewal; the latter usually involves strategic and...
The Major Implications of Organizational Theory and Behavior to Organizations The concept of organizational behavior is comprised of various aspects which explain human interaction and behavior. In organizational context, organizational behavior majorly constitutes organizational culture and structure. Organizational culture refers to shared beliefs, values, norms, and practices which characterize an...
Multiple cause diagrams on factors that lead to organizational effectiveness Multiple cause diagrams are used to investigate the main causes of a given issue. In this case, the factors that affect organizational effectiveness were evaluated and a multiple cause diagram developed. This is shown in figure 1 below. From the...
Behavioral wage theories and their impact on compensation policies Need fulfillment theory This theory was the idea of Vroom. Vroom suggested two models of need fulfillment theory, the multiplicative model, and the substantive model. In a substantive model, work fulfillment destructively connects to the extent of discrepancy between personal wants...
Introduction The fundamental objective of performance management in the modern context of managing organizations, including both profit-making and not-for-profit organizations, is to ensure that employee effectiveness is enhanced and promoted. According to Zaffron and Steve (2009), performance management is a continuous process in which organizational managers and their employees come...
Introduction Throughout my academic life, I have come to acknowledge that two heads are better than one. At school or even in life, one cannot succeed or survive alone. There are times when situations require us to work together in order to attain our goals. As such, the importance of...
Introduction Information overload challenges faced by organizations can only be tackled effectively through changing both the social and technical systems. All organizations deal with information as part of their crucial resources that sustain their operations. However, the information also proves to be a challenge, particularly where it becomes too much...
Introduction Organisational change refers to a process where an enterprise transforms its strategies or chief departments. It is also known as corporate turnaround, restructuring or reorganisation (Armenakis & Harris 2009). It assists an enterprise to address emerging crises, cope with dynamic business environment and boost operations. Armenakis and Harris (2009)...
Introduction Leaders, committees, and/or large groups of people within organisations make decisions. The deployment of any of these categories of people depends on the organisational culture, which defines the organisation’s behaviour (Ivanko 2013). However, each category works well based on the type and nature of decision-making context. While arriving at...
Relationship between organizational theory and organizational development To understand the organizational theory and organizational development and how they relate with each other, it is important to first understand what an organization is. An organization could be defined as a structured social system that is made up of a group of...
Introduction Organizational Development (OD) is a necessary component of an organization which means significant organizational changes as embodying increasing of the capacity of staffs and potentials of the organization through consultation with supporting client groups and introduction of development programs and learning events that are deemed as the necessities and...
Introduction Recent years, change becomes the most important strategic tools used by many organizations to compete on the market and remain profitable. In a stable world, change management is a nonissue: organizations carefully develop a plan and then stick to it. But in a chaotic world, organizations must come to...
The management and shareholders are the most two important stakeholders in an organization. The two stakeholders are so dependant on each other such that one can not do without the other (Hopper, 2012). Shareholders invest in an organization expecting to get profits from their investments while at the same time...
Introduction Modern management theorists both see knowledge as a key component that helps an organization remain competitive, especially in the modern business world that is characterized by high competition. For this reason, the concept of knowledge management remains one of the most discussed topics (Hislop, 2013). Current literature is replete...
Introduction In the contemporary competitive business world, it is prudent for business establishments to utilize modern technologies to produce, handle, and distribute products (Jacoby, 2009). Global supply chains refer to the networks made across the world by different organizations to produce and market their products (Carter and Rogers, 2008; Jacoby,...
Introduction In business, the phrase “supply chain strategy” has little implication unless people understand the meaning of a supply chain. A supply chain is a lattice of business stakeholders who include sellers, distributer, hauliers, luggage compartment facilities, and purveyors that take part in the manufacturing, distribution, and vending goods from...
Executive Summary Trade often promotes economic efficiency according to conventional economic theory. International trade can, at times, disrupt the economic and social stability of a nation because it influences the distribution of wealth within a national economy, especially due to variation in wages and prices (Kam, & Tsahuridu 2010, p....
Executive Summary This paper is a case study analysis of Dong-In Company, which manufactures outdoor gears and equipment. Some of the company’s main customers are multinational brands, such as Black Diamond, Gregory, CamelBak, and Georgia. Its vast customer pool stems from the multinational nature of the company’s enterprise model. Although...
Research background and gap Logistic and supply chain management is critical in monitoring the efficiency in line with the objective, goals, and mission of an organization. Efficiency improvement facilitates the sustainable and optimal functioning of different aspects of the supply chain. In most cases, many organizations such as the Abu...
Supply chain management (SCM) can be defined as the systematic, tactical coordination of the traditional business purposes and the way around this business functions within a particular company and across business within a supply chain for the purpose of advancing the long-term performance of the individual company and the supply...
Introduction Data science is the concept of using algorithms and systemic processes to collect, analyze, and organize data in order to derive patterns and trends. This can then be applied within the contextual understanding and industry parameters to determine optimal mechanisms and solutions to business challenges. Supply chain management and...
Executive Summary A large number of pharmaceutical companies face problems when it comes to managing their supply chain. One of the main issues that affect the supply chain of these companies is product shortages. Pharmaceutical companies such as GlaxoSmithKline (GSK) are involved in managing sophisticated supply chains that pose a...
Hypothesis Supply chain and operations management system, is an essential element for DEWA to ensure the purchasing of efficient equipment and contracting effective maintenance contractors with overall efficient cost management and enhancements of the assets life cycles. Literature Review Supply chain management involves the flow and storage of raw materials...
Introduction World-famous trade corporations that receive huge profits every day sometimes moved to their success gradually. Some of the organizations, being today large sellers with millions of buyers, were once small companies that started their sales in small quantities. One of the examples of such growth is the Wal-Mart corporation,...
Introduction Inventory management refers to the methods and principles employed by the managers to maintain the optimum level of stock for the firm. In the contemporary business environment, which is characterized by stiff competition, firms are utilizing every opportunity to lower the operations costs. One way to achieve cost savings...
Abstract Transportation economics is as important to business as it is produced. Production by itself cannot bring about profit without goods reaching the intended customers. Transportation economics serves as a vital linkage between products and clients. Large-sized business organizations that have taken a major step in upholding globalization play a...
Video 1: Supply Chain-3 key things to know This is an educational video hosted by Rob O’Bryne, the Group Managing Director of Logistics Bureau. He opens by listing the three items a chief executive officer needs to know about the supply chain as: the efficiency of the supply chain, the...
The resource-based view (RBV) RBV argues that any company that seeks a competitive advantage must first consider exploiting internal factors before considering the external factors/environment. According to the RBV theorists, it is more feasible to use the internal resources to exploit the external factors. The intangible assets in a company,...
Abstract Wits Beach Hotel’s strategic plan was developed to enable it to improve its performance in four areas. These include financial value, customer value, internal business operations, and learning/ growth. The company’s strategic objectives aim at improving its profitability, employees’ skills, application of information technologies, customer value, and marketing initiatives....
What are business processes? Business processes are a series of interrelated activities or tasks aimed at accomplishing particular objectives in a company or organization. Business processes often involve the flow of knowledge, information, or material through various departments or segments in a business in a set of connected procedures or...
Executive Summary This report presents an analysis of the strategic management process in the HR department of the Ministry of Education. My role as a strategic leader in the HR of the organization involves formulating and implementing effective employment-related strategies. The five decision categories to be considered in SMP include...
What was Tesco business strategy that made it the #1 retailer in the UK? In this analysis, you will learn about strategy of Tesco, its management plan, and other aspects. Don’t miss the best recommendations for the Tesco company that could lead to the international expansion. Introduction Tesco, Plc is...
Introduction Contemporary organizations have realized the usefulness of incorporating the aspect of strategic management in order to succeed. Strategic management plays a key role in a journey towards the achievement of a competitive advantage for any organization. With reference to the QVC company case study, this paper aims at identifying...
The following literature review aims to explore the role of competitive advantage at every stage of the business life cycle and determine its value for organizations and the economy in general. Pre-competitive Advantage Stage Competitive advantage must be established during the initial stage of the business cycle. At this point,...
Introduction Supply management system coordinates functions purchasing. This mechanism identifies the need for commodities, appropriate suppliers, quantity and quality of the commodities. It also evaluates effectiveness of supply practices already in place. The expansion of capacity and mechanization of production demands that the supply system matches production efficiency while assuring...
Values The main values of the airport should be safety and quality of service. Safety is crucial because airports are viewed by the general public as vulnerable places. That is why convincing our customers that they are secure in our airport should be the most fundamental goal. Therefore, we should...
Summary A financial performance measure aims at providing the company with tangible assets. Tangible assets alone cannot enable a company to maintain a sustainable competitive advantage. A more comprehensive performance measure that cannot only look at financial performance outcomes but can also look into nonfinancial performance outcomes is more preferable....
Introduction According to Techtarget (2010), virtual organizations are those whose members operate from different regions towards a common goal without necessarily having a physical location. They network by use of information technology such as groupware and emails and this allows for a harmonious and organized working relationship similar to conventional...
Introduction This paper seeks to discuss about strategic planning based on the statement of Richard Whittington who said that almost 10 years ago, the average book on strategic planning (management) is pretty cheap, so how come if the secrets of strategic management are so cheaply and easily available, many organizations...
Sources of Competitive Advantages Competitive advantage refers to “the ability gained through attributes and resources to perform at a higher level than others in the same industry or market” (Neganova 304-317). A firm is considered to have achieved a competitive advantage if it is implementing a strategy that creates value,...
Introduction An enlarging body of literature focuses on how leaders and managers in organizations can deploy resources that are at their disposal to realize organizational growth under the guidance of effective strategies. A strategy constitutes plans that are aimed at attaining specific goals and objectives (Menon, Bharadwaj, Adidam, & Edison,...
Main Products and Services of the Organisation Given that this is a newly formed business for telecommunication, its operation will majorly depend on offering communication services to the home user. Virgin Mobile will offer similar services comparable to the ones available on the market nevertheless at a lower and sustainable...
Introduction Strategic thinking and leadership have been one of the most fundamental tools that direct and propel the vision of most contemporary organizations. Moreover, they are critical components in enhancing growth and success. Notably, strategic leadership fosters growth and success in an organization due to the fact that leaders are...
Introduction The book titled “The strategist: Be the leader your business needs” was written by Cynthia A. Montgomery – a renowned professor in the field of business administration at Harvard Business School. It was published in 2012, by Harper Collins Publishers. The book is largely based on course materials that...
Introduction Strategic planning refers to the process by which a company defines its strategy (Bryson et.al.1988). Strategy is a mean of fulfilling the shareholders expectation through allocating the resources in the most optimal level. Strategic planning thus is concerned with the future operation of an organization and the decisions that...
Introduction This strategic management case study focuses on Nucor Corporation. Nucor traces its history to the 1950s when it was established to manufacture nuclear instruments and electronic products. Previously referred to as Nuclear Corporation of America, the company faced turbulent formative years characterized by massive losses and potential bankruptcy. However,...
Introduction British Airways (BA) is the national flag carrier of the United Kingdom (UK). Supported by about 45,000 employees, it is also one of the leading airlines in Europe and a member of the One World Alliance (Cooper 2018; British Airways PLC 2018). A general analysis of the firm’s finances...
Executive summary The report looks at a brief history of Eastman Kodak. It then examines the external and internal factors affecting the Company using PEST analysis, Opportunities and Threats analysis and Porter’s five analyses. Besides this, the report looks at the new strategy to be adopted by Kodak under Perez...
The Company’s Current Objectives and Current Strategy As far as the current marketing objectives and strategy are concerned, it is believed that the strategy JetBlue is implemented this far is perfect for the airline industry and the business JetBlue is in. The business JetBlue is in is that of the...
Introduction The concept of innovation covers a wide range of creative changes that are introduced into business practice to boost organizational performance and foster creativity. Thus, innovation is a part of a creative process as it allows finding the most effective and, in many cases, an unprecedented solution to the...
Goals of the business Goal 1: to grow steadily for profitability by maintaining core values and integrity of the organization and providing business training by using core, proven business, and HR principles Goal 2: to deliver high customer satisfaction by offering effective business training in broad and general areas of...
Analysis of the Industry Form Background According to Bruce (25), the pharmaceutical market has been on a constant rise in the last two decades. With the changing lifestyle, several lifestyle diseases are on the rise. With this massive growth of the market for this product, various firms have come out...
What are the principal managerial components of the strategy implementing / strategy executing process? “Strategy is the business word for game plan. All businesses have strategies, either planned or unplanned.” (What is a business strategy, p. 2, para. 3). Before the implementation of any strategy, a company should analyze the...
The Blue Ocean strategy proposed by Reene Mauborge and Chan Kim enables local and international firms to proactively remain focus on creating strategic market space for their products and services, surpassing the comfort of the current market demand, and creating a permanent strategy for focusing on the bigger picture. The...
Fraud and white-collar crimes are common forms of crimes that people commit in various aspects and positions in the corporate world. Fraud and white-collar crimes have a similar meaning as they refer to the non-violent crimes that people commit with the basic objective of gaining money using illegal means. The...
Introduction Ethics is understood as the criteria applied when making decisions concerning to what is right and what is wrong or regarding to what is good or what is bad. It is considered as the standard for human behavior and moral judgment, this is scientific understanding of ethics; and businesswise,...
Introduction Organizations are established to achieve certain goals, and the achievement of these goals depends on the ability of all the stakeholders to develop strategies. To achieve goals, it is important that an organization should have ethical standards that should be aimed at achieving the goals. Ethics provide a guideline...
Introduction The introduction of corporate social responsibility (CSR) has significantly impacted the business world. For this reason, the given paper is devoted to the in-depth and comprehensive investigation of this practice, its influence of the modern society, and the future implementation of CSR regarding the development of companies and their...
Introduction The goal of any business organization is tantamount to maximize profit. Multinational enterprises are firms that stretch their operations to other countries. As per the moral standards, organizations ought to be responsible for their partners and the region in which they work. This persuasive paper will talk about the...
Introduction There has been a persistent debate concerning business ethics and corporate sustainability induced by the needs of the business community. The highly globalized, and the connected economy founded on the organized management of skills, set transformational patterns in momentum that increase the need for ethical and corporate sustainability (Moore...
An overview of business ethics and corporate social responsibility Business ethics entail the practice and considerations that ought to be incorporated in businesses as they seek to enhance their operations in the market. Business practices are often inclined toward increasing profits and reducing costs. In achieving this goal, firms engage...
