Summary Human resource information is critical for any organization focusing on making effective strategic decisions. When the Internet was introduced, there was a significant change in many job functions from manual to automate. Computers were being used to store and retrieve human resource information (Khoualdi & Basahel, 2014). There was,...
Nokia is a Finnish corporation with its headquarters in Helsinki. The business was the largest participant in the manufacturing industry of mobiles. The mobile phone market, on the other hand, experienced a significant transformation in the early 2000s (Sulphey, 2019). At the forefront of this revolution was the creation of...
Introduction Different factors such as technological innovations, globalization, and increased competitiveness in the market may create a need for effective organizational change. Frameworks for management, leadership, and change could contribute to forming changes for the organization that will facilitate the sustainable success of the organization. Applying different approaches regarding creativity,...
Summary Working with the companyâs personnel is presented as one of the main and essential parts of modern management. It is an activity that is aimed at providing the organization with highly qualified employees who will be able to perform their tasks and functions efficiently and successfully. In addition, personnel...
Market segmentation is a crucial marketing concept because by properly dividing the market, a company or organization can better serve its customers’ needs and add value to its offerings. Market segmentation enables companies to assess the attractiveness of each segment and select one of the few most suitable for their...
Introduction Leadership is an integral part of any companyâs work, as it influences all aspects and processes of an organization. Conflict management, in turn, is the practice that all leaders are responsible for, as positive leadership includes the ability to prevent, identify, and manage conflicts in a fair, reasonable, and...
Overview of FMLA The FMLA is a labor regulation that requires employers of a specific size to offer employees time away from work off for major family health crises or situations. Children, pregnancy, social services placement, family responsibilities illness, or armed services leave are valid reasons (Guerin & England, 2021)....
Abstract The paper outlines additional information that expands the scope of the employee handbook. It forms a supplementary guide to help employees in acquainting themselves with some of the liberties and responsibilities of their employment in four main areas. These are gender discrimination, sex discrimination, harassment, and hostile workplace. Employees...
Introduction Implementing sustainable measures across different nations is an initiative that significantly reduces the carbon footprint. The increase in the human population fostered intensification in the exploitation of renewable and non-renewable resources. Deforestation and pollution profoundly contributed to the elevated levels of carbon dioxide in the atmosphere that reacts with...
Investment Horizon of Shareholders The investment horizon of shareholders is an important factor that companies should consider when engaging with investors. It can be defined as âthe total length of time that an investor expects to hold a security or a portfolioâ (Chen, 2020, para. 1). Specifically, there are short-term...
Global trade is also known as international trade. This can be defined as the movement or exchange of goods from one country to another globally. Foreign exchange enables buyers worldwide to buy French wines, Colombian espresso, Korean TVs, and German cars. The global exchange between countries makes the world economy...
Introduction In the fitness industry, marketing methods incorporate a variety of approaches and strategies to raise brand awareness and, as a result, membership sales. One will have to experiment with different marketing strategies until one finds the ones that work best for their business. One will figure out what works...
Introduction Logistics management involves the practice of organizing the procurement, mobility, and handling of products, and parts. Morgan and Liker (2020), assert that a good logistics management system has to entail the completed inventory and the associated information transfer to optimize present and future revenue through cost-effective operations. Toyota has...
Strategic planning is an established organizational management planning activity which seeks to define its strategy and direction as well as allocating resources appropriately to ensure the functioning of the organization and achieving specific objectives. Strategic planning is an effective long-term abstract directional map that identifies a vision and ambitions for...
The detrimental effect of the COVID-19 pandemic can never be emphasized enough. Not only did the global pandemic destroy the state of public health, but also the economic and social life has been severely affected. The onset of this pandemic set countries into a state of turmoil, and the United...
Strengths Weaknesses Strong free cash flow Superior performance in new markets Good capital returns Successful Go to Market strategies Reliable suppliers Automation of operations High level of customer satisfaction High attrition rate in the workforce Low investment in research and development High inventory days compared to competitors Poor product marketing...
Introduction An economic order quantity (EOQ) is the number of units a business should attach to the stock on each order to reduce the recorded overall cost, including leasing costs, requests, and default penalties. Every manufacturing company wants to manufacture high-quality products in today’s competitive business climate. (Nobil et al.,...
With the worldwide expansion of e-commerce, there is now an ecosystem of software solutions that allow customers to virtually window shop. The infrastructure that supports the worldwide e-commerce system is quickly expanding, and traders should grasp the developments in this field to predict where commerce technology and the broader tech...
Keeping inventories risks production and retail companies to a number of hazards and expenditures. Keeping stock may raise the chance of a price decrease. This might be due to a competitor’s excess production of goods in the market, the debut of a new competing product, or a competitor’s aggressive price...
Introduction Sustainable marketing is a concept in which a companyâs marketing is carried out while taking environmental and social factors into account. In other words, it is a type of marketing where an organization uses products and services that respects the environment and social aspects (Armstrong & Kotler, 2021). Additionally,...
Corporate social responsibility (CSR) is a new business regulation concept. It has become popular in the middle of the 20th century and has evolved into the primary management evaluation tool. Scientists coined many definitions of CSR, becoming gradually more interested in the concept. They also have identified an antipode of...
Introduction Walmart Inc. is an American multinational corporation firm that includes a network of hypermarkets, commonly encompassing the term âsupercentersâ, creating department and grocery stores throughout the United States of America. Distribution centers, supermarkets, hypermarkets, discount stores, cash-and-carry shops, household equipment, specialized electronics, cafes, clothing stores, pharmacies, convenience stores, and...
Introduction It is encouraging to see that one airline, Southwest Airlines, is demonstrating its cultural values in widespread consumer contempt for the airline industry. Herb Kelleher, the airline’s co-founder and Chairman Emeritus, accurately characterized its entire philosophy when its core principle was described as the business of business are people....
Walt Disney Company is a leading diversified international family entertainment with major operations in studio entertainment, media works, parks and resorts, and consumer products. Studio entertainment includes producing and publishing motion pictures, music production, and live events, while Media works operations include domestic television stations, broadcast television networks, and radio...
Introduction Workplace harassment refers to offensive or prejudiced actions whereby an individual is periodically oppressed professionally, inflicting labor or emotional complications. People undergoing workroom nuisances are impacted in their confidence, raise their insecurity, and sometimes get into aggravated circumstances. These circumstances have a high probability of causing alteration or depression...
Organizational culture has indeed been its part for an extended time, though organizations’ members and staff do not always inherit their beliefs and values. Some people may join an organization because of their personal needs or compelled reasons, yet they do not wish to share its cultural importance. Teece (2016)...
Apple competes with many similar brands, such as Samsung or Xiaomi, for the attention of consumers. The company has a clearly formulated development strategy that the company has been following for many years (Aljafari, 2016). Apple does not fight with competitors by setting a low price for a product. On...
Executive summary According to statistics, it is explicit that E-commerce has increased significantly over the recent past. The fast, extensive use of the media coupled with the high purchasing power of individuals can be attributed to its expansion. It is anticipated to further expand with an approximate 1% by 2024....
Introduction Coca Cola Company is a leading universal brand in the sale of beverages and other consumables. The company was started in 1892 as an American corporation. Today, the company has operations in more than 200 branches globally selling more than 2800 products, including soft drinks and other carbonated beverages....
Essentially, risk management is a fundamental aspect of every project. At work, we experience handling risks to mitigate negative consequences. Risk management is crucial to investigating the current situation and making essential predictions concerning the future. Risk management is a practice used not only to ensure project success but also...
Introduction The unequal distribution of labor and the unethicality of the working conditions in the realities of the contemporary economy is a significant issue for numerous people worldwide. As the global population continues to grow, the demand for textile products considerably increases, resulting in elevated pressure on the industry’s workers....
Negotiation is an important part of any communication, including those that occur in business. As negotiation refers to an act of bargaining between different parties, it can happen in international, formal, and informal settings, with various minor and major contexts (Shumskaya, 2018). Negotiations can be characterized by verbal (VC) and...
Introduction Over the years, companies have incorporated integrated information systems in their duties because they affect the business’s ability to produce and analyze customer feedback and communication flow. Integrated information systems are a combination of various databases to make one system flow of information within the organization (Baskerville et al.,...
Introduction Fast food restaurants have become a prevalent source of nutrition for millions of families worldwide. The popularity of such businesses is growing exponentially depending on location, customer demand, and other factors. There are differences when it comes to the development of the fast-food industry based on countries, areas, and...
The Coca-Cola Corporation is a soft drink company based in Atlanta, Georgia, that was established in 1892. The Coca-Cola Company has evolved to become the biggest coffee company since its foundation. It today has over 3,500 beverages and 500 brands in its inventory (DeMello et al., 2018). The Coca-Cola Business...
Integrated strategic communications are one of the most significant parts of any business. Therefore, it is important to understand its concepts. According to Sergy (2017), integrated strategic communications can be defined as the transmission of information that aims to drive forward an organization’s goals, purpose, and functions. This statement explains...
Mission, Vision, and Values of the Health Care Organization Clearly articulating the organization’s values and vision is the key to effective operations. In this way, organizations can understand what long-term results they are trying to achieve and clearly pursue their goals. Ethical standards play an important role because they are...
In connection with the increased relevance of business social responsibility, as well as the increasing importance of economic factors and control by regulators, it is becoming increasingly evident that it is necessary to move to the management of these risks, both to ensure short-term profitability and for the long-term sustainable...
Introduction Every organization that thinks about successful long-term development should consider how to achieve it. For this purpose, a company strategy is developed, containing the main points on achieving the goals. Strategic alternatives are a set of options for the organization’s development to accomplish several aims in all their diversity...
Motivation of employees to accomplish their work goals is critical, as it influences their efficiency and productivity. There are many methods of motivating workers, but the effectiveness of each of them can be questioned. I think that keeping workers motivated is the work of Human Resources team that should conduct...
Supply and demand are essential phenomena in economics because they explain why prices and quantity of some goods and services can go up or down. That is why numerous economists, businesses, and governmental agencies spend much time measuring, forecasting, and understanding them. For that purpose, it is possible to use...
Introduction The recommended approach for the Blue Nile is a market development strategy. It requires not only expanding the trade domestically but also opening new areas worldwide and finding new partners. Even though the company has no issues relating to municipal law, every new market requires significant adjustments according to...
A strategic planning process is a way employed by an organization to achieve the set goals. The process is comprehensive and helps create a roadmap for which strategic goals are designed to achieve. The method used varies and is made to help one define the purpose, vision, and set objectives....
E-Business Approach The world today is being revolutionized by the emergence of new trends and the evolution of technology. Gone are days when one had to physically visit a retail store to obtain the merchandise they require; however one can nowadays order goods from the comfort of their house or...
Creating a change plan is essential for successful change implementation. The change management plan is the roadmap that guides change planning and implementation activities. It is the guiding framework change leaders rely on to manage the organizational change process. It is important to note that change takes place in phases....
Job Description Training and Development Specialist Tasks KSAOs Specific Tasks Task Dimensions Importance (% of time spent) Nature Importance to Tasks (1-5 rating) Design, plan, organize, and amend training practices for employees in the department Conduct assessment of employeesâ competencies and skills to identify areas for improvements Develop effective interpersonal...
Considering the recent risk assessment, it was identified that Red Clay Renovations need to formalize their security measures to protect informational infrastructure in the company’s headquarters and field offices. Furthermore, in order to preserve the data system efficiently, there is a need to revise security controls and establish effective responses...
Introduction By examining the company’s organizational culture, it is possible to determine many of its current issues and even predict its success in the market. It is what determines how employees of an organization think, what they pursue, and how they perceive their work (Carpenter et al., 2010). The five...
Introduction The Human Resources (HR) department is the link between the work processes and the people that perform them â its activities are crucial for any company’s success. The Human Resources Managers’ (HRM) responsibilities include the implementation of many complex but essential processes. They are necessary for selecting staff according...
Introduction Communication and problem-solving in the work environment are two extremely complex components that have to be researched and understood in detail. This is primarily due to the fact that all individuals are different with their unique characteristics, views on the world, and behavioral patterns. Due to these differences and...
Definition of Organizational Behavior Organizational behavior encompasses acquiring an understanding of how people conduct themselves within an organization. It is essential to understand human beings’ complex nature and its importance to management and general organizational performance. Human beings also play a role in the increase of the human capital value...
Introduction Finished products that reach the clients take a long process from the raw materials to distribution, creating a network. This web of interconnected activities is known as supply chain management, consisting of the arrangement, planning, realization, and control of productâs flow until they reach the final customer (Lamba et...
According to the idea represented in the first board, both the Financial Accounting Standards Board (FASB) and the International Financial Reporting Standards (IFRS) standards are efficient and aimed to keep company financials transparent for investors. The differences are that IFRS standards are considered to be more structured and detailed, consequently,...
Conflicts make it impossible for individuals to collaborate and pursue common objectives. Workplaces and organizations experiencing different forms of upheavals and differences will not achieve their common aims. The selected volunteer organization is presently experiencing various conflicts that have the potential to disorient the overall performance and realization of goals....
Organizational change can be linked to the company’s adoption of a new idea or behavior. This may include the development of improved technology, the creation of a new product, the improvement of organizational structure, advanced training, or the formation of an appropriate corporate culture (Williams, 2017). The purpose of organizational...
Introduction Non-profit marketing refers to all events and policies that market any organization together with absolute voluntary work. The main goal here is to seek attention from the volunteers and the donors. Services and non-profit marketing mainly emphasize the main features of services and how different companies and organizations deliver...
Theories of leadership Management Theory by Max Weber Max Weber believed that the most effective way to design and manage an organization with many employees to improve productivity is to ensure fairness. Every worker is treated equally without any form of bias and is assigned tasks justly. The organization’s responsibilities...
Introduction E-business refers to the application of the âinternet technologyâ to run various business processes and systems where the result is a âdifferentiated business valueâ (Singh 1). These processes are integral to one solution, but this final solution offer flexibility of the single systems, as well as facilitating secure transactions....
About Lego The success of Lego started in 1932 when it was founded by Ole Kirk Kristiansen in the middle of nowhere, in Billund, Denmark (Wieners, 2011). Though the first years were not the brightest period in Lego history, the fact that the company is one of the largest toy...
Company Overview Procter & Gamble Company (P&G) is an American multinational corporation that manufactures consumer goods. The company has invested in a range of products which include fast-moving consumer goods (FMCGs), personal care, and baby care products among others. The company has subsidiaries in over 180 nations. It serves at...
Abstract Appleâs sustainability and Corporate Social Responsibility (CSR) plans are meant to both make its operations efficient and address key problems that are in place in the countries where it operates. A major element of the firm’s CSR plan that has created lasting competitive advantages is the use of manufacturing...
Abstract This study aims to understand the role of social media marketing channels in influencing buyer purchasing behavior in the US fashion industry, using Facebook as a case study. The objectives of the investigation are to assess the impact of Facebook on consumer interest, to determine the extent that which...
Executive Summary Many organizations today are experiencing difficulties retaining their key employees. According to the United States Bureau of Labor Statisticsâ Work Institute 2019 Retention Report, the number of employees who voluntarily quit their jobs in 2018 stood at 41.4 million (Work Institute, 2019). The Work Institute report presents an...
Brief Synopsis The purpose of this paper is to analyze various leadership behaviors represented by five team members in an Everest simulation. The group involved a physician, a photographer, an environmentalist, a leader, and a marathoner. First, it is essential to analyze the background information highlighting key events. It will...
John Amasi is the director of Production and Engineering at RL Wolfeâa $350M privately held plastic pipe manufacturer headquartered in Houston, Texas. Four years ago in 2003, when RL Wolfe had purchased Moon Plasticsâa small, family- owned custom plastics manufacturer in Corpus ChristiâAmasi had seen an opportunity to implement self-directed...
Digital marketing is a component of marketing that takes place online and utilizes the internet to deliver a companyâs message to potential and existing customers. Due to different online marketing strategies employing technology, their effectiveness can be tangibly measured by a variety of metrics. This case study will consider Amazon,...
Facebook is an internationally established brand, whose emergence and rise to popularity has in many ways initiated the current spike of social media boom, that society is currently experiencing both culturally and commercially. Its business appeal and profitability potential is enough for an existence of dozens of research articles depicting...
Managerial Accounting Managerial accounting refers to the act of identifying, estimating, analyzing, communicating, and interpreting financial data to managers for the pursuit of a firmâs goals. Role of Managerial Accounting Managerial accounting helps the management of a firm effectively perform its organizing, planning, controlling, and directing functions. It provides historical...
An organization’s success within the changing global business market significantly depends on the innovative strategy its management adopts. Innovation is vital in establishments since it presents various positive changes to companies. Throughout history, most stakeholders have opposed new ideas and regarded innovative managers as trouble makers (Mebert and Lowe, 2017)....
Introduction Leadership issues are actively researched and widely represented in the modern literature on management, economics, and psychology. The variety of sources explaining the phenomenon of leadership makes it difficult to identify its essence. Current approaches primarily focus on the fact that a leader is a competent manager, an organizer...
Introduction The essay focuses on performing a rigorous analysis of Walmart Inc.âs strategic position using Porterâs Five Forces (Porter, 1980) and Ansoffâs Matrix (Carter, Clegg and Kornberger, 2008). The essay will also critically analyze Walmartâs ethics and corporate social responsibility in the retail industry by incorporating case studies. Walmart the...
In business organizations within different industries, employees are viewed as the most valuable asset. Hence, the recruitment and selection processes are of particular importance for effective people management. According to Billsberry (2008, p. 25), the compliance of employees’ values and principles with the organization’s business strategy can be advantageous for...
The implementation of International Financial Reporting Standards (IFRS) in the Saudi economy has presented the higher education field with new challenges and opportunities. With the advancement of the business sector in the country and its entrance into the global market, the new requirements guide the development of educational approaches. The...
Wage Management Process Riordan Manufacturing needs to streamline its wage management process to increase efficiency. The firm needs to establish different pay grades that take note of duties performed by different employees. Employeesâ should be remunerated according to their skills, experience and the nature of work they perform. This will...
Executive Summary Nike’s threats and opportunities, marketing mix, ethical and social issues as well as the role of global marketing are presented in this paper. Opportunities include the use of advanced technologies in products to increase their attractiveness, expansion of consumer law, expansion to international markets, and the maintenance of...
Introduction Southwest Airlines (Southwest) became one of the most successful and stable airline companies operating within the USA. While most airline companies have disappeared following various crises such as the September 11 terrorist attack and the 80s recession, Southwest continued to be successful and profitable, unlike many of its competitors....
The team identified three ideal hub locations â Germany, Australia, and China, which could be supplanted by South Korea. The selection of countries was driven by the results of PESTEL and Data Envelopment Analysis. World Bank and Cancer Atlas databases were used as sources of the necessary input data. PESTEL...
Executive Summary Saudi Aramco Company is one of the largest firms in the petroleum industry. In this report, the focus was on reviewing operations and quality management processes at this firm and how they affect its competitiveness. The analysis reveals that the company has employed unique operational strategies, which have...
Leadership and trust play a key role in promoting organizational performance and facilitating the achievement of the set objective. Effective leadership style determines how resources are managed and people motivated and directed. Trust supports leaders in winning workersâ trust and show better willingness in following the provided guidance and direction....
Abstract The role of employees in the workplace environment has been redefined by the emerging socio-economic and political changes in the global society. The success and profitability of an organization directly depends on how effectively employees can undertake their duties and their ability to embrace change in this digital age....
IA2a Brand extension is a marketing strategy where new products are launched into the market using an already existing, well-recognized brand name. In other words, it enables products to gain easy brand recognition because of the pre-established brand awareness. Even though the new commodity will be unknown to the potential...
Ethical Problems in Business Ethical dilemmas are an inseparable part of human lives as numerous variations of ethical issues appear constantly. Choosing between two alternatives with possible positive values is a standard action for any person. Ethical problems occur even more frequently in business and management as these activities involve...
Introduction The effectiveness of an organization depends directly on the person who stands at the head of the company. Leadership is a type of managerial cooperation, based on the most productive for a given situation combination of different power sources and aimed at inducing people to a common goal. For...
It is difficult for companies to maintain and spread market influence in today’s world. In fact, to succeed in today’s marketplace, it is necessary to rethink old principles and train employees in new strategies. System thinking is a discipline that teaches to see the material as a whole. The essence...
The purpose of this report is to analyze the data and determine a potential market for the new companyâs product â a portable multimedia center called âMedia Popupâ with an optional additional screen extension. For this purpose, the factors of the supposed target market will be analyzed, and bases for...
Introduction Improving the operational efficiency of businesses is a critical part of modern corporate management, and the tourism and hospitality sector is not any different. Companies are constantly looking for new ways of optimizing their profitability while keeping their running costs low (Benckendorff, Xiang and Sheldon, 2019; Cheong et al.,...
Theory X and Y are theories of employee motivation and management created by Douglas McGregor, who worked at the Massachusetts Institute of Technology (MIT) in the 1950s and 1960s. The two theories portray contrasting models of employee motivation used by managers in employee behavior and human resource management. Though both...
Introduction Most organizations seek help from external consultants to identify, recommend, and implement changes. When considering why entities will rope in these experts, it is obtained that they do so to gain independent perspectives on what areas require change and how that can be achieved. Some companies such as Shell...
Introduction Apple Inc. was established in April 1976 as a manufacturing company in the technology industry. Since its inception, Apple has become one of the most popular international organizations. The firmâs business model focuses on the design, development, manufacturing, and sale of its various computer software, electronics used by consumers,...
Organizational development (OD) is the process that uses a strategic approach in implementing change within an organization. OD professionals work under a balanced relationship with the management to facilitate change through âassisting clients with achieving clarity and diagnosis, and providing informationâ (Borkowski & Meese, 2021, p. 386). The professionalsâ role...
Digital marketing has led to the development and advancement of targeting tools that help companies such as Worldwide Vegan Dairies implement strategies to help them venture into new markets. Digital marketing has various channels that can be integrated to lead to better returns and ensure that it positions itself well...
In current healthcare settings, stressful situations, workforce shortages, and work overload define healthcare workers’ difficulties. The role of the healthcare leaders is to be able to face these challenges and find the methods to overcome the obstacles to make the clinic provide efficient care. At the same time, they should...
Introduction It becomes a common practice for the managers to intend to smooth the earnings of their companies, by means restructuring the information in the financial reports. One of the most important aspects in defining how exactly the earnings can be managed is to analyze the specific accruals. Motivation According...
Introduction Technological advancement in the 21st century has caused an unprecedented growth in many industries. Companies in the manufacturing industry have gone to great lengths to ensure that they deliver state-of-art products to their customers. This clamor for esteem by the customer has been compounded by the advent of global...
Introduction Cost-volume-profit (CVP) analysis is one of the common analytical tools used to determine the effects of various actions on the general profitability of an organization. In other terms, the CVP analysis is used to determine the effects that sales and costs have on the overall income of a business...
Executive Summary The soft drinks market is one of the food market segments, which occupies a significant place in terms of production among other segments of this market. The demand for soft drinks, especially in hot countries, is increased. This fact contributes to a more successful and effective introduction of...
Introduction Networking â the exchange of information and contacts between people of a certain profession. Allows people to enrich their pool of knowledge. Gives an opportunity to make professional connection. Opens up career possibilities. Networking in the Digital Age Digital Communication has become more prevalent. Social media and messaging are...
ISO 9000 is a series of international quality standards introduced by the International Organization for Standardization. The ISO 9000 series of measures are designed to ensure order in the system of functioning of the management system in enterprises and organizations. The ISO 9000 system is designed to ensure compliance with...
Effectiveness of Leadership Styles A management team that has the ability to not only manage the resources effectively but also transform the company can solve its problems. The company should employ a team of transformational leaders. Transactional leaders are also helpful for the companiesâ success, especially at lower management levels....