Introduction The value chain is a crucial concept within the health and insurance industry. As the name implies, it is a chain of activities that adds value to the customer. Companies like Cigna Health rely on their value chain to provide customers with the services they need. This essay discusses...
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To navigate today’s complex business environments, Japanese business entities should find ways to innovate and survive while leveraging their advantages in terms of global CSR, social investment, and competition on a global scale. Regarding my vision, for Japan, achieving these interconnected purposes should involve maintaining leadership in Global Reporting Initiative...
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Companies are constantly challenged to meet the needs and expectations of many actors that affect their activities and operations. Both internal and external stakeholders play a vital role in the functioning of any organization. Internal stakeholders include employees, management, directors, as well as other business owners and investors. External stakeholders,...
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Introduction Change management among business organizations is a critical factor that determines their success. As society shifts towards tech-driven operations, many businesses are considering the adoption of information technology (IT) in their routine activities. The literature review will involve a systematic survey of scholarly articles on the overarching topic. The...
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What is the leader’s role in creating high-performance workplaces? Leaders have a significant influence on the development of high-performance workplaces. Human resource managers are responsible for selecting top talents for specific jobs, enabling the attainment of the best-fit individuals for specific jobs (Riisla et al., 2021). In addition, the management...
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Introduction Company X has recently sustained severe financial losses resulting from a ransomware attack. In response to the incident, increasing the utilization of two-factor authentication (2FA) has been selected as the key method for creating a stable climate of security and preventing further financial and reputational challenges. Within a one-month...
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People working in an organization are creators of the corporate culture. Although a company can have a clear set of behavioral rules, they may play an insignificant role because they may not be followed. Managers can give an example of how to behave in different cases. However, employees also notice...
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Introduction Human resources functions have been termed critical across many sectors on both a private and a global scale. Its importance cannot be undermined as it plays a vital role in facilitating company recruitment, talent sourcing, training, and hiring of employees. Additionally, human resource departments are responsible for talent management...
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Introduction Team roles and team performance are important components of any successful project. Team responsibilities organize and guide team members, while team performance ensures that tasks are accomplished on time and to the appropriate standards. Discussion For example, team roles might include a project manager, who is responsible for overseeing...
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Types of Risk and Beta in Relation to a Company’s Required Rate of Return Investors are always attracted to industries and economic avenues with a higher rate of return. Profitability and rate of return depending on how the risks are understood and eliminated. The three common types of risks alongside...
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Introduction Organizational performance management is a significant activity because it can directly affect a company’s success. When businesses and their employees face emerging and unpredictable situations and challenges, performance management helps address the issues (Sherafat & Elahi, 2018). Furthermore, the concept under analysis contributes to the fact that organizations can...
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Introduction In the business sector, the concept of organizational behavior (OB) is a common philosophy that examines the interaction of workers within the company and how the process impacts the productivity of the given corporation. OB is particularly focused on improving job performance, encouraging the aspect of leadership, enhancing job...
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Introduction Change management models are integral components of any institution. Organizations, especially healthcare institutions are widely known to resist change and implementation requires a lot of tasks. To effectively implement change in the organization, conforming to business aims and goals is essential. To remain competitive, it is essential to understand...
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Introduction Poor management planning practices can impede an organization’s performance, which is undoubtedly true for Motorola. Poor practices undermined Motorola company function. It is illustrated when the company which was a leader in the production of cell phones lost its market to Apple and Blackberry. With good management, a company...
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Introduction A combination of all risks associated with the DHL supply chain for all regions, as resolved in 2018, is called Resilience 360. Analyzing risks linked to DHL regions of operation is an essential component of customer satisfaction. As included in DHL’s 2018, its operation in Europe is associated with...
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Introduction Cordial customer relationship is crucial for businesses since they drive revenues, and without them, businesses cease to exist. Organizations have adopted various strategies that help maintain their relationship with customers, which is mutually beneficial. Customer relationship management (CRM) combines various practices and strategies to manage customer interactions. Through CRM,...
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Introduction Management has changed from traditional methods to more modern forms of leadership. The change has been brought by the need to change and to try to make the organizations work better. Different approaches to organizational design can affect the company’s work differently, so the management style should be chosen...
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The Person Chosen The person chosen for this paper is Douglas McGregor, who was born in Michigan back in 1906. While in high school, McGregor worked at the McGregor Institute, which was widely known for helping the homeless population. According to Bridgman et al. (2019), the institute served Detroit homeless...
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The modern market is shifting at such a pace that it makes many companies reevaluate their goals and strategies to survive the competition. Naturally, it is critical to help employees shift to the new environment as they play an integral role in any business’s success. Likewise, a training department should...
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Introduction A workplace health hazard is any physical, chemical, or biological agent in the workplace that can cause illness or injury. Workplace health hazards can pose a danger to employees in several ways. They can cause accidents, long-term health problems, and even death. It is important for employers to take...
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Among the well-known and useful models that enable people to comprehend structural change is Lewin’s Change Management Model. Kurt Lewin developed and invented this paradigm in the 1950s, which continues to be relevant to this discussion (Belyh, 2019). Three primary phases make up his framework, including unfreeze, change, and refreeze...
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Introduction Performance evaluation and management involve creating a relationship between the employees and HRM in an organization to optimize the resources for better work output. A good performance and management plan involves effective and consistence communication between the workers and employers which in the long run leads to the growth...
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Value chain risk management is beneficial to organizations since it prevents possible losses. Wood home furniture businesses can be at risk of running bankrupt if mismanaged. The business value chain faces political, environmental, social, economic, and ethical risks. The supply chain is crucial since it ensures that the business has...
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Introduction Business analytics is becoming more well-known in both academic and professional circles. It may be considered the meeting point of artificial intelligence, information systems, and operational research. This field examines how machine learning, mathematical, statistical, and network science techniques might improve decision-making (Carillo et al., 2018). This essay defines...
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Definition of Project Kingston Builders is an organization that deals in the construction of rental houses. The organization was established in 2015 and had great success due to its exceptional work, especially in the construction of apartments. In the first two years, the organization had successful operations as the management...
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Introduction Humanity is going through one of the most dramatic periods in its history today, associated with a large-scale, truly global spread of the COVID-19 pandemic, the consequences of which have yet to be deeply understood, explored, and drawn conclusions. One of the problems that the pandemic has revealed to...
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The approach that a company utilizes to manage its programs and projects defines the overall performance of the organization and its ultimate success, which is especially relevant to the public sector. The primary element of project management that has to be associated with relevant conceptualizations is risk management. The range...
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Introduction The book Be a Leader for God’s Sake, written by Bruce Winston, explores leadership through the Biblical viewpoint; thus, the fourth chapter explains controlled discipline through Jesus’ and Moses’ meek-based execution. Winston describes supervision through the influence of a leader’s behavior and awareness of the environment as essential for...
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Introduction Case management is the role that connects the perpetrator with the proper services, examines their progression, communicates necessary details to authorities, and supervises the institution’s established requirements. The objective of case management is progressive rehabilitation, which for a transitioning criminal can be characterized as the ongoing evaluation and recognition...
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Each organization strives to achieve the best results and maximize productivity in the workplace. Some of the theories that contribute to the improvement of the overall performance are transcendental leadership and total quality management. Since employees are the main resource that drives the progress of any company Human Resource department...
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Introduction Generally, the performance of any organization is dependent on the behavior of the overall entity. Mustang Special Utility District (MSUD) company is one of the renowned companies tasked with supplying water to a large number of people in the region. It is a private company that specializes in the...
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The major issue of the service market is the allocation of contradictory investments and organizational processes. The unique problem mentioned in the article is related to the difficulties of implementing the dual marketing strategy. The authors of the article state that “executives believe that cost leadership and differentiation, globalization and...
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The most demanded and globalized branch of human activity in the modern world is information technology. Giants such as Microsoft, Apple, Amazon and others are known to everyone worldwide. They have built a stable base to design and build their products and services almost everywhere. In addition, literate companies can...
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Theories such as institutional theory have assisted public understanding of how and why companies implement IT into their structure and operations at the institutional level. Human agency problems and IT preparation concepts have also offered valuable insights into how people react to and perform IT in their daily work, sometimes...
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Introduction In the modern world, where people’s existence has become increasingly digitized, the reliance on the screens to perform anything daily has become nearly a given for all except the youngest and the eldest groups of people. Touchscreens are used in everything, from smartphones to medical equipment; thus, the ability...
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Abstract This dissertation aims to understand the impact of culture and tradition on corporate management and leadership in China. The justification for undertaking this review is to understand unique characteristics of contemporary business traditions in China that affect its global business environment. The objectives of this study seek to enhance...
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Introduction Technological advancements have revolutionized business activities, including management, marketing, and the overall business structure. Artificial intelligence (AI) has played a vital role in automating and digitizing business communication. This study focused on the impact of AI on business management activities. The research aimed to examine the impact of AI...
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Introduction Change is unavoidable in today’s business environment as many factors could spur organizational change. While these changes may seem disruptive at first, they come with their fair share of learning opportunities. The COVID-19 crisis has forced organizations to change from the more traditional forms of office nine-to-five work to...
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Total quality management is one of the critical aspects of the modern organization’s work. It can be determined as a specific approach to management focused on cultivating long-term success by attaining high client satisfaction levels through the constant improvement of all aspects and increasing employee engagement. The given concept can...
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Introduction In light of the company experiencing a dilemma of choosing between returning operations to complete brick and mortar or remaining partially remote, I will present views on both sides to show why the company should opt to remain partly remote. Drawbacks to Remaining Partially Remote The main drawback of...
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Introduction An organizational manager is a person who directs the activities of other people. Managers work at different levels and fulfill different roles. Managers influence the culture and environment of their teams in countless ways. According to Vourlekis and Greene (2017), “at the service system or community level, the case...
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Oil and gas ventures have unique characteristics that necessitate a specialized approach to project management. Project management is the most crucial instrument for completing a successful project (El-Reedy, 2016). A daily income stream with endless potential is available with an oil and gas exploration and drilling business. The board has...
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Organizational change is a positive development involving the organization, its employees, and leaders going through a change process. The goal of organizational change is to improve how an organization does business, how it operates and what it does on a day-to-day basis. The process involves identifying the type of change...
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Working in the accounting department of the United States Air Force has enabled me to experience various organizational transformational change processes, one specific example being the transitional adoption of new management and accounting technology used within the facility. I was part of the employees who were requested to steer the...
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The change process is, in most instances, affected by organizational culture, which makes it a scary encounter. However, change is always inevitable at work and in a confidential environment. Corporate culture should enhance creativity, collaboration, and innovation to make the process easier (Mueller-Eberstein, 2012). Employees are usually engulfed by negative...
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Defining Quality of Care Quality care refers to the levels at which a population’s health services increase the probability of desired health outcomes. To meet the descriptions, quality of care has to be safe and effective and responds to people’s needs. Usually, quality care is achieved when health services are...
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Introduction If I was to set up a website for a Major League Baseball team based on concepts from management, I might experience issues in organization, management, and technology. The organizational problems comprise poor or outdated business systems, unsupportive culture and attitudes, insufficient resources, complex tasks, political fighting among members,...
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Introduction The case involved GoSports Inc., which is in a state of crisis and has attracted a third-party manager to improve its financial situation. Three key elements emerged from the study of the case. Firstly, it is corporate culture, which in paper will be defined as Hierarchical. Secondly, a feature...
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Introduction Technology implementation in business has impacted the phase of business in the contemporary world. Innovation and e-commerce control the market locally and internationally, pushing entrepreneurs to contemplate positions on adopting or rejecting the trending issue. On the one hand, Nuseir (2020) holds that incorporating technology in organizational management has...
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Introduction MIS (Management Information System) planning is a broad concept that concerns the implementation of IT technologies in the business setting to improve firm performance. Its primary functions include the collection, storage, distribution, and analysis of data. As a result, a comprehensive MIS plan should thoroughly address these areas of...
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In an increasingly oligopolistic environment where old ideas may be copied and recreated at ever-lower prices, innovative solutions’ perpetual renewal is the ultimate survival differentiator (Trompenaars & Woolliams, n.d.). Building a creative culture is today’s top management imperative, and HR must play a critical role. Typically, corporations begin with the...
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Introduction Determining the group work style is particularly important in the effectiveness of achieving the goal set for team members. Thus, for me, the most productive is the cooperative style of interaction, which I would also like to see in my teammate. The most important strength of that working style...
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Human resource forecasting has been in need to have quality employees in the organization. The planning has its purpose that includes matching the demand and supply for human resources. The company’s objectives determine the demand that will help execute its functions. Human resources should adequately be provided to have effective...
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Introduction Anca Madar’s review evaluates Starbucks’s quality strategies that have enabled it to develop its competitiveness in the market to predominate the food and beverage industry. The publication begins by detailing the concept of Total Quality Management, which leverages quality at all levels of an organizational function to satisfy the...
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Introduction General Electric (GE) is one of the oldest American companies and has remained successful over the years. It is a global corporation that offers different products in various countries. Currently, the firm has over 3000 employees in all its branches (General Electrics, 2022). The growth into new markets in...
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Ackroyd, S., & Thompson, P. (2022). Organisational misbehaviour (2nd ed.). SAGE Publications. This text is a second, revised edition of the main version published earlier. It aims to present an alternative to the imprecise and vague notions of organizational behavior and its problems in other sources. Ackroyd and Thompson elaborate...
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Introduction The most successful businesses have an effective supply chain management strategy. The volatile market conditions and changing customer demands have made it crucial for companies to prepare for unseen challenges in the supply chain (Jacobs & Chase, 2021). Based on this, Apple’s management is keen on ensuring that all...
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The performance management system is of particular importance to any organization. This is because it can provide an opportunity to improve the company’s performance, achieve the best results and gain an advantage over competitors. Therefore, the human resource department must rebuild the organization’s systems to focus on performance factors and...
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Introduction A country’s socio-cultural characteristics are essential in a business in a particular domestic or global environment. The differences in culture, traditions, and social norms directly determine the orientations of the state’s population, influencing the customers’ needs. In addition to the domestic environment, it is vital to consider the features...
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The positive reputation of any company is a necessary component of the success of the company, which helps to protect the latter and increase the value of its shares and the market value in general. A business entity’s reputation affects its activities’ efficiency, attractiveness for customers, partners, and investors, and...
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LIFO inventory method applies that the last inventory to a business should be sold first while FIFO takes the initiative to sell old inventory units first. In considering tax purposes, LIFO deducts the most recent costs of purchases hence leading to lower tax margins due to price inflation. FIFO deducts...
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Introduction Business organizations succeed when they transform their operations continuously, solve identified challenges, and support the provision of exemplary customer support. Leaders can embrace the power of numerous frameworks to promote long-term sustainability and performance. Total quality management (TQM) is a powerful tool that guides firms to improve managerial practices...
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Team Management Leadership and Management The paper will focus on a case study and a management plan that resolves concern areas, rebuilds team culture, and aligns organizational practice with leadership. The appropriate management styles that suit the case study best are servant and democratic. Servant leadership focuses on the need...
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The paper analyzes the article “The Influence of Being a Mentor on Leadership Development: Recommendations for Curricular and Co-Curricular Experiences” by Jim Lee, Hannah Sunerman, and Lindsay Hastings, published in the Journal of Leadership Education in July 2020. Generally, one must recognize that each theme successfully worked in the article,...
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Introduction The topic of career growth and opportunities is one of the urgent parts of many people’s lives. The professional realization is not only about the money and financial gain but also about the fulfillment and joy of doing the job. I am no exception; for some time, that question...
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Generally, it is important to assess the quality of goods and services before allowing consumers to use them. There are a number of agencies that are tasked with the responsibility to ensure what people consume meet the required set standard. When business organization practices quality improvement, they enhance the safety...
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PESTEL Factors in Relation to the Industry Based on the student’s opinion, knowledge, and understanding of the industry, environmental factors are one of the most characteristic, essential, and significant concerning manufacturing. In this case, it is necessary to remember that manufacturing and nature have deep, inextricable connections, forming an ecological...
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Modern business involves severe competition and the necessity to respond quickly to changing market conditions. Standard approaches are not enough to attract and retain customers, which is why the article A Recipe for Perfection, which reveals the secrets of success, attracts the most attention. Hosting guest loyalty with delicious food,...
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In today’s constantly changing environment, change management has emerged as one of the most critical success criteria for any firm. It is a methodical technique that addresses coping with company goals, fundamental values, processes, or technological changes. Driving transformation is already challenging under ordinary circumstances (Tang, 2019). As a result...
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Introduction The practice of determining, analyzing, and handling dangers to an institution’s resources and earnings is known as risk management. Economic uncertainty, administrative responsibility, technical problems, strategic managerial failures, mishaps, and environmental disasters are all potential sources of danger (Willumsen et al., 2019). An all-inclusive risk management plan permits an...
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Introduction An organization is a planned and coordinated system of human activities that is purposefully undertaken to accomplish a goal. It means that the organization is structured to achieve a specific purpose. Nonetheless, organizations must deal with different environmental influences that require their management. Organizational behavior refers to the theory...
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Introduction It seems reasonable to state that Hightower Global Solutions possesses an immense extent of resources of various characters – starting from the financial and ending with the human ones. There are many factors that reflect such a state of affairs. In particular, the company is a global player that...
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The case study of the 3M company demonstrates how a Lean Six Sigma initiative can enhance a firm’s performance and quality control. According to Schroeder and Goldstein (2020), “Six Sigma quality is related to the normal probability distribution, with sigma (σ) denoting the standard deviation of the process” (p. 178)....
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Amazon, the company that used to be perceived as a leader solely in the online retail market, has proven to be able to apply its successful strategies in multiple industries recently. Moreover, a strong brand, remarkable revenues, investments in research and development, and highly efficient logistics have contributed to the...
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Completion of the “Clark Healthy Workplace Inventory” showed me that my workplace is characterized by a remarkably high level of civility, with an overall score of 91. I am pleased to be a part of such a caring organization that prioritizes the well-being of its patients and workers. All of...
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Introduction Regardless of the type of business, whether it is an industrial enterprise or a small advertising firm, control over the expenditure of financial resources is one of the essential activities that directly affect market stability and capital growth. In this regard, the concepts of planning and decision-making form an...
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Introduction Ko and Nof’s (2012) study explored the basic problems that might occur in collaborative production system to prevent the effective outcome. According to the authors, task processing is effective in customer-focused and concurrent technology if there is a practical collaboration between multiple participants. The researchers further argue that despite...
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Introduction Mentoring has been a longstanding practice that is built and strengthened on the basis of mentor-mentee relationships. It involves the reciprocal process of teaching and learning strategic skills and developing timeless qualities, and it is widespread for mentors to have proteges for life and help them with multiple aspects...
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Executive Summary Unilever PLC is a Multinational Company with its headquarters based in London, United Kingdom. It provides various goods and services such as foods and refreshments, homecare and beauty and personal care. Unilever has grown and diversified since its foundation in 1929 from being a maker of oils and...
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Business is a complex process that requires detailed planning of every aspect of the activity. The heads of enterprises draw up various types of plans with a deliberate deadline for their execution, with pre-planned actions and the expected outcome. Still, not every plan is effective and will precisely bring the...
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Introduction Organizations and the business processes they perform are subjects of debate among scholars. Academic authors provide different definitions of business entities and their activities that vary from organizational structures to business activities. The difference in the definitions can also be seen through a comparison of modern academic papers to...
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Introduction A growing business faces various challenges and barriers in its expansion. Business management faces problems in attempting to ensure sustainable business practices. Studies have shown that sustainable business practices imply high survival chances in a competitive environment. These businesses develop essential values and positively impact all their customers. A...
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It is worth starting with basic concepts about systems in business management, their life cycle and ethics. A conceptual model for project management known as the systems development life cycle, or SDLC, outlines the phases of an information system development project, from the first feasibility study through the maintenance of...
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Poor Performance of Public Construction Projects in Saudi Arabia The modern development of the Kingdom of Saudi Arabia testifies to considerable achievements in the economic and social spheres and to the emergence of new difficulties generated during the rapid modernization process. However, there is one drawback that needs to be...
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Introduction Self-assessment is a valuable experience and the background for people’s growth and development in personal and professional areas. This technique is specifically vital for managers and leaders as it helps identify gaps in knowledge and skills and identifies the strengths to build on. Numerous self-assessment tools have been offered,...
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Introduction Most managers in the contemporary business world are enamored of organizational processes, and it is easy to understand why. Today, many organizations are hierarchical and functional, and they suffer from poor coordination, limited communication, and isolated departments. Furthermore, work is often compartmentalized and fragmented, making it hard for managers...
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The term complex adaptive systems (CAS) can be applied to describe entities consisting of several interdependent parts. Such systems are capable of changing the behavior as a unified whole in response to changes in their environment or the experience of one or more parts (Brownlee, 2007). John Holland proposed that...
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Abstract Introduction: The COVID-19 pandemic had a tremendous impact on all aspects of companies’ operations worldwide, including corporate culture. Culture needs to go through a planned change to adhere to the new external environment. However, in order to succeed in change management, it is crucial to address possible resistance to...
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Pages: 50
Introduction Businesses have to be strategic to ensure they make the highest profits. They can achieve high profits by engaging in value chain activities to ensure that consumers attain goods and services of their demanded quality. The value chain involves all the activities that revolve around the item’s conception to...
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Pages: 4
Introduction Using cost management techniques in a real operating environment is relevant if all planning principles are addressed rationally. In other words, in the case of poor analysis or incorrect calculations, there is a high probability of making an error in estimating expenses, which, in turn, incurs unforeseen losses. The...
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Introduction Modern leaders and managers cannot ignore that their organizations must change from time to time. In this chapter, Trompenaars and Hampden-Turner (2020) explain the peculiarities of a new change management framework, addressing the issues of profitability and market share and understanding core competencies. The goal is to promote the...
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Most organizations deal with the buying and selling processes to gain profit. Several such processes ensure that goods are received in an organization, mainly if they are being imported to be delivered on time. Processes involved, such as finance, procurement, fulfilment, warehouse, and manufacturing, are interrelated. This is because they...
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The close relationship between organizational structure and business processes Organizational structure is described as the permanent qualities of an organization that are represented in the distribution of units and roles, as well as their systematic connections to one another. A business process is a comprehensive, dynamically coordinated collection of operations...
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In the article “How good is your company at change?” the authors, Michels and Murphy, outline and explain nine elements that determine a company’s potential for change. They present a new system that could become a measure for change preparedness and capability, using the case of Delta Airlines, as the...
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Introduction Diversity in business is a hot topic right now, and many governments have introduced or strengthened diversity and equality legislation to ensure equal opportunity in the workplace. There’s a growing body of research showing that businesses with a more diverse workforce perform better on a variety of measures, from...
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Introduction Operations management (OM) is the activity charged with overseeing the production and service delivery process. OM entails planning, arranging, coordinating, and managing all the necessary resources to generate a company’s products or services (Benjaafar and Hu, 2020). This report examines Hudson Jeweler’s production and OM concepts highlighting the issues...
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Introduction Many businesses understand the need for creativity and innovation of new ideas and concepts in their operations. The organizational managers link the innovativeness with consumption and employee satisfaction hence translating to the business’ success. Innovation is creating new ideas that reduce commotion and trouble within an organization and improve...
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Abstract CSR practice is an essential factor in the advocacy for public relations among organizations. However, different institutions use CSR initiatives for distinct purposes, thus the significance of defining the vital objectives. On the one hand, companies such as Johnson & Johnson and Ford Motor show commitment to promoting sustainability...
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Corporate Reputation Corporate reputation is conceptually regarded as the collective evaluation of an organization’s past experiences and expectations in its future actions because of its efficiency in tackling its main competitors. It is the overall organizations image as viewed by the business stakeholders, the customers, the employees, and the shareholders...
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Executive Summary Working to optimize operational processes through appropriate strategic solutions and innovation is a significant aspect of business development. This paper analyzes the opportunities for improving operational practices at the Toyota Motor Corporation. Operations and information management of the company are assessed, and relevant visual and analytical tools are...
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