Introduction Globalization is the process of making the corporate setting more sophisticated and dynamic, necessitating cultural context understanding for multinational firms to operate effectively. Workers with a high capacity for creative intelligence are critical in overcoming divisional and competence gaps in many companies. Cultural intelligence drives creativity and innovation because...
Introduction It is important to understand the difference between the forms of leadership: charismatic and transformational. While charismatic one is focused on the persona of the leader and their approach to tasks and goals, transformational leadership gravitates around the team’s perception of the workload and the ways to improve collectively....
Walmart is a multinational retail giant corporation that came to success through Sam Walton’s exceptional marketing strategies. The core of Walmart’s management combined proficient discounting techniques, neighborhood store format, impeccable market research, and practical encouragement of initiative workers. Due to these factors, Walmart became one of the biggest American companies...
Introduction Mergers and acquisitions (M&A) are effective techniques in corporate finance, and management to maximize wealth. When two firms merge, it helps in financial strength, growth as well as competitive position. Mergers refer to combining two firms with a comparable financial position to establish a single company, even if the...
Organizations face various challenges due to changes in the business environment. Competitors introduce a new line of products and services in the market and utilize innovative ways in operations. Equally, new business regulations and taxes can be presented, and the prices for materials increase. As a result, companies develop ways...
Executive Summary Project management is a critical skill needed for the attainment of project objectives and timely delivery. It entails proper planning and the ability to mitigate against all risks. Within an organization, a project manager has the responsibility to develop a project plan that project teams follow to achieve...
Introduction At the moment, the entire globe is consumed by fears regarding the emergence of the COVID-19 pandemic. Many employees must be isolated, closed, or work remotely as required by the local authorities to minimize the spread of the virus (Wolor et al., 2020). Meanwhile, some organizations function with a...
Some years ago, traditional marketing communication was extremely popular for various business organizations. For instance, almost every person from the generation of millennials witnessed radio, newspaper, outdoor, and billboard advertisements. The thing was that traditional advertisement was the only way to promote different products. Nowadays, there are more and more...
Abstract The paper investigates, compares, and contrasts two philosophies of quality control, specifically, total quality management (TQM) and six sigma. Although they may seem to be similar, the difference between both the scopes to which they are applicable and the approaches that they utilize is non-negligible. Several automotive companies have...
The implementation of the communication strategy chosen by a company in its daily operations is essential for the overall corporate culture, workplace productivity, security, and developmental potential. The effective communication style of a company’s leadership and management when interacting with multiple stakeholders, including investors, customers, partners, and employees, predetermines successful...
Understanding the Sales and Operations Planning (S&OP) process is central to building a company and running it successfully. Allowing to represent the crucial parts of company performance as elements of a single mechanism, S&OP provides a chance to plan the course of a company’s development effectively based on the information...
Fitbit Strategic Market Analysis The market of wearable fitness trackers is currently an area of fierce competition between the flagship consumer electronics companies, major athletic brands, and crowdfunded startups. The latter emphasize technological innovation in order to compete with the flagship companies with an established reputation on the market. However,...
Introduction Le Voile Couture is a boutique that specialises in selling Abayas. The shop is based in Dubai, the United Arab Emirates. Le Voile Couture sells its Abayas in Dubai. Abayas are the UAE’s traditional female dresses, which are mostly worn in public. Le Voile Couture’s target audience is Women...
Preamble The report is aimed at determining the development of cultural diversity management in McDonald’s with the help of cultural diversity audit. The report consists of an introduction, research approach section, data collection and analysis part, and conclusion that includes some recommendations. The benchmarks that were used for the study...
Globalization has introduced various features to the current economic development of Canada. Henceforth, the modern economy is mainly driven by the knowledge-economy whereas culture and media play a major role in economic development. On the other hand, the operations of the media and other cultural industries are dominated by both...
Business process reengineering is a customer oriented design mechanism that is made to improve the service to them. It is basically a transformation that tries to make customer experience wonderful and convenient. Management information systems are subject to change and transformation that is supposed to continually make it successful. This...
Enterprise bargaining refers to the process of negotiations that takes place between an employee, an employer, and their bargaining representatives. The discussions are driven by the goal of coming up with an agreement (Fair Work Ombudsman 2015). Through the Fair Work Act of 2009, a set of rules and obligations...
Introduction Organizations and companies are awash with information, ideas and strategies to help them conduct their operations effectively. However, most of these organizations do not recognize availability of such vital resource (information) in their operations. The inability to recognize and utilize this resource reduces their performance capacity as well as...
Introduction The Walt Disney Company is a multinational organization that has specialized in providing entertainment products and media enterprise in media networks parks and resorts and entertainment in studios and products for consumers. In 2006, Walt Disney Company acquired Pixar Corporation to form one big company. The emergent company thereafter...
Introduction The current global financial crisis has led to trillions of dollars written down from the global financial market books of accounts especially balance sheets as values of assets experience huge declines. Some commentators have pointed the blame for the level of write down directly to the use of Fair...
Effective business management is a whole complex of processes that involve planning, organizing, staffing, directing, and controlling activities aimed at achieving the company’s goals. These are recognized as the central management functions that work not separately but performed simultaneously, in integration (Mahta, 2017). Overall, effective business management is commonly acknowledged...
Introduction Apple Watch is a wristwatch with additional functionality (smartwatch) created by Apple Inc. Apple Watch Series 5 was introduced in September 2019, and the Apple Watch Series 6 is expected to be released in September 2020. For several years in a row, Apple Watch has been presented at the...
Apple Inc. continues to be one of the most recognizable tech companies in the world with immensely high brand value and consumer loyalty. Such a prominent presence has distinct influences in different geographical regions as Apple Inc. tries to expand further and turn more countries into selling points. The company’s...
Influence of Politics and Power In contemporary business organizations that incorporate multiple shareholders, leaders, supervisors, and employees, the complexity of action coordination depends on a variety of influential factors. They include organizational politics and power, which construct how a company operates and how it approaches the management of its performance...
Introduction Organizational behavior is the body in Management that deals with the interactions between the organization and the behavior of individuals of the organization. It focuses on how the organization impacts the individuals and verse versa. One of the key aspects of organizational behavior is the sub-field of grouping within...
Summary A significant function of employee productivity is played by the working environment. The workplace has an enormous impact on employee productivity, either on negative results or positive results (Lee et al., 2017). International organizations around the world discuss employee rights. There are global organizations. The majorities spend 50% of...
Introduction Organizational structure is a critical element of the contemporary world. Marx avers that organizations “make up much of the social reality that people deal with in their day-to-day lives”. From business enterprises to government institutions, these structures mold and influence the operations of all people across the globe. Thus,...
Introduction Business strategic plans are essential to help develop a focus on achieving growth or other organizational goals. The strategies control strategic projects, for instance, the acquisition of technologies or the development of new products in ways that will lead to the achievement of specific objectives. Despite the value of...
Introduction Many organizations continue to acknowledge employees as the most critical assets. They have adopted reward schemes to attract, retain, and motivate staff to derive maximum benefits from their knowledge and expertise (Afsar et al., 2018). Reward strategy focuses on the design and execution of reward programs and practices to...
Description of the Problem Due to the pandemic, Company N faced unforeseen organizational change issues. Poor communication between top and middle management and employees made it hard to implement new restrictions like work-from-home hours and reduce workload and, accordingly, salaries. Many employees feel frustrated and worried about the future, and...
The leadership strategy is one of the crucial factors to ensure the company’s development and increase the employee’s performance. There are many different approaches to understand the notion of leadership. The current paper compares two leadership approaches in order to discuss the peculiar features of leadership concepts and their relevance...
Introduction Increasing diversity is a complex concept to handle because it entails deep-seated people’s beliefs systems and biases. A diverse culture cannot be well enhanced without requiring leaders to take time, plan, and encourage workers to have the willingness to accommodate other people’s perspectives. Normally, leadership qualities and models can...
Introduction The modern healthcare environment is a challenging space for medical workers and requires them to employ strong leadership qualities to endure such ongoing professional and ethical concerns. A transformational leadership journey is an innovative, positive, and embracing approach to advanced patient care and health outcomes. Therefore, this paper discusses...
Introduction As one of the largest low-cost aircraft carriers, Southwest Airlines is renowned for its high efficiency and unique approach to customer service. However, it does not mean that the company does not need to constantly assess the actions of its competitors and trends among its customer base. Nowadays, Southwest...
Introduction Operating a successful business requires extensive measures, efforts, and inputs. Maintaining an inventory is one of the strategies that have proven useful in running a successful business entity. ** () defines inventory management as the process of ensuring that the stock mix of a particular product matches its demand....
Performance appraisal mainly encompasses the assessment process of the employees’ performance in work in terms of its requirements and looking for ways to improve their performance. Expatriate performance assessment aims at improving the employees’ involvement, work satisfaction, and personal development in the organization (McNulty & Selmer, 2017). It requires an...
Purchasing goods using a viable and efficient action scheme is an essential task for any organization. The technique of “The Seven Right,” namely the TQRDCEB strategy, is a prominent policy to be implemented when an enterprise is in search of a supplier (Dharmadhikari & Basak, 2016). The TQRDCEB is a...
Introduction Nike is a sportswear and Apparel Company based in Beaverton, Oregon, United States. The company is known for the Nike athletic footwear products and the Brand Jordan products. The company’ target customers are people with enthusiasm for sport, whether it is amateur, or professional level. The products are sold...
Infographics are highly visual graphics that interpret statistical results and can include images, charts, and minimal texts for an easy understanding overview of a topic (Joshi & Gupta, 2021). The infographic chosen in figure 1 above presents information about marketing and consumer using charts, graphs, and images with a minimum...
All companies should constantly seek to create and maintain a competitive advantage in order to survive and thrive. The existing methods that can help the organizations to surpass their rivals may include innovative production, effective marketing, adherence to the principles of sustainability, and building good relations with partners, to name...
Key Factors Determining the Ethical Perspective Today’s complicated business environment has organizations facing a multitude of ethical, responsible, and sustainable decisions to ensure that they thrive in the future. Companies have the responsibility to create codes of conduct, principles, and norms that every team member must adhere to and perform....
Introduction Leaders in companies and organizations play a critical role in the contemporary business world. Their vast role determines the high or low productivity in the firms. The leaders act as the mirror of the company, and success and achievement are viewed as a result of them playing a significant...
Introduction Soft skills and technical abilities are essential at the managerial level in the human resource department. Effective leadership, communication abilities, and an analytical mindset are pre-requisites for handling challenges and difficulties that managers face daily (Sobratee and Bodhanya, 2018, 56). As a product of internal and external changes, difficult...
Industry Sector Analysis With the rapid development of innovative technologies, both data mining and data warehouse processes have become an integral part of the business. In turn, taking into consideration that tourism has advanced towards universal markets since its early stages in the 1960s, this industry cannot function properly without...
Companies usually give annual reports to the shareholders and the public to check on the progress in terms of returns on revenue and the business growth rate. The management needs to give accurate financial reports that can be useful in determining the course of action for the business. An example...
Introduction Company G’s mission reads as follows: “We enable consumers to improve the quality and convenience of their lives by providing high-quality, innovative electronic solutions.” The company deals with electronics. Company G’s designers and engineers appear innovative and creative in coming up with a new product line of small appliances....
Introduction The consumer decision-making journey has undergone major transformations in the recent decade. These changes have been enabled by an array of factors on different levels, which should be addressed by the industries. Globalization of all business processes is a major aspect of contemporary entrepreneurial activities. As such, modern marketing...
Software Acquisition Basically, request for proposal (RFP) is a business document sent to prospective dealers from a prospective buyer requesting quotations. RFP comprises of buyer specifications and descriptions of the desired design, timing as well as details of the quotations to be delivered. RFP helps in ensuring that the dealers...
Introduction The purpose of this paper is to explore the challenges associated with employee retention and separation in the current environment. Human resource management has become an area of paramount importance within contemporary industries. Therefore, the amount and quality of corresponding research are equally on the increase. The professional community...
Historical Background ADNOC is the UAE’s leading company in the field of petroleum, crude oil, natural gas, and lubricants. It was founded in 1971, and ever since grew to be a major player both in the local and regional markets. Its headquarters are found in Abu Dhabi. According to the...
Abstract Lenovo Group is engaged in manufacturing of personal computers (PCs) related IT products and services and has been working steadily to become China’s first global brand. Lenovo is an innovative, international technology company formed as a result of the acquisition by the Lenovo Group of the IBM Personal Computing...
Abstract EasyJet is a low-cost airline based in the United Kingdom that is known as one of the leading budget carriers in Europe. The aim of the research is to evaluate the impact of EasyJet’s specific innovative pricing strategy and the used business model on customer services and customer satisfaction...
Company description Suff Limited was established in 2005 and is located in Washington, USA. In its inception, the firm’s business structure was a partnership. However, in 2007, the firm’s management decided to change the structure to its current corporate business structure. This made the firm legally operate as a private...
Major Facts For engine dealing products and services, CJ Industries (CJI) has been known to take the lead. Due to this, Great lakes Pleasure Boats (Great Lakes) has offered the company a contract worth $10 million a year. The contract expects CJI to provide engine components for boat manufacturing. CJI...
Google Inc. is an American multinational corporation that invests in Internet search, cloud computing, and advertising technologies. Its success is connected to the efficiency of organizational culture (OC) and organizational structure (OS), maintaining a high level of innovation and development. The corporate culture comprises a set of views and values...
Introduction Saudi Arabia is one of the most rapidly growing economies of the world. However, most of the business empires have traditionally not employed the elements of internal auditing in their financial mechanisms. This has resulted in the companies losing huge amounts of revenue to poor accountability frameworks. This project...
Introduction Company Background and Key Facts McDonald’s Corp. (McDonald’s) is the leading foodservice organization in the world. It generates over $40 million in sales in over 31,000 restaurants across 100 countries on six continents (McDonald’s Corporation, 2020). McDonald’s major strength is the large scale and the financial position, in addition...
Introduction Today, it seems rational to state that the market economy should be perceived as a diversified and advanced framework with closely interacting actors. A firm is among these crucial actors of the system. Companies – throughout their whole range of activities – are being constantly impacted by a plethora...
Walmart International is an international division of Wal-Mart Stores, Inc, which scored the third-largest retailer. Walmart’s expansion dates back to 1991, when the first non-US store was opened in Mexico. Later, Walmart opened its stores in more than 30 other countries, which resulted in both success and failure in some...
The first source of business funding that needs to be considered would be to secure venture capital from an investor or group of investors. The primary advantage of doing so is that they can provide the business with a substantial amount of money compared to the other methods. Moreover, they...
The lawsuit discussed in this study presents a critical issue in the decision-making process. The Office of Personnel Management (OPM) and Anomalous are both CyberTech’s clients. However, the company is involved in the case in which it has to support Anomalous as a plaintiff and another case where it will...
Destructive leadership is defined as a system of regular behaviors exhibited by a leader, manager, or supervisor, which violates the legitimate interest of an organization by undermining its resources, employees’ effectiveness and motivation, as well as their mental well-being. Toxic leaders tend to create unfavorable environments in the workplace by...
Executive Summary Marketing recognizes the needs and wants of consumers and completes them by fulfilling them with goods and services. Requirements and desires build a condition of discomfort, fixed through purchasing merchandises that fulfils these desires and requests. Several current cultures work on the standard of trade, which indicates that...
Rocket mortgage commercial uses all three methods of persuasion to convince their audience and advertise their services. First of all, the commercial features Jason Momoa, who is a famous actor and a role model for a large amount of people. This is a representation of ethos persuasive technique, as it...
Petuum focuses on the production of software and ecosystem provider required in the Artificial Intelligence (AI) field. The company was founded in 2016 and has its headquarters in Pittsburgh, Pennsylvania. The company’s success is attributed to its operating system, allowing users to utilize a single AI program to develop any...
Introduction Cannabis sativa is the most cultivated, used, and trafficked substance in the world, prompting calls for its legalization. Moreover, increased attention from investors and researchers has served to demonstrate the need for the drug to be legalized. The cannabis industry has several benefits, including medical, economic, and psychiatric benefits....
Family-owned businesses have a significant role in the development of most countries. Successful transition from one generation to another is a fundamental goal of owners of such firms, which benefits both members as well as local and global economies. Nevertheless, the Family Business Institute notes that only approximately 30 %...
Required Startup Funds Startups require funds for ensuring effective operations within organizations exploring new investment opportunities. A full-service beauty salon is a strategic venture in modern economies, as noted under the primary market. As a result, it is important to identify and evaluate the suitability of alternatives available for sourcing...
Introduction This paper does not intend to provide a comprehensive discussion of the many different forms, methods and techniques of marketing research, but rather to introduce a few basic methods of collecting primary information in international for companies. Each of the methods may be used for a variety of general...
Introduction PepsiCo. is one of the largest companies into the manufacturing and marketing and sales of snacks and cold drinks, which includes carbonated and non-carbonated beverages, salty and sweet snacks like chips, other grain based snacks. The company is rated as the second largest global beverage and snack company in...
Summary Recently, the increase of attention towards the activities of various companies has been noticed in many countries. Special attention is, consequently paid to the activities within companies being ethical both between company members and between companies and their clients. Nowadays, people are very concerned about the preservation of human...
Introduction Strategic management incorporates various approaches used by organizations in the development and execution of goals and objectives. According to the theory of strategic management, strategic analysis is both an art and science dealing with formulation, implementation, and evaluation of cross-functional choices that enable an organization to meet its goals...
PESTEL Analysis Political Factors The main goal of the Sydney hospitality industry is to increase international tourism. Governmental interference in the hospitality sector can have a considerable effect on the city’s development. There do not seem to be any complications posed by the government in this sector. Economic Factors The...
Today business sphere develops extremely quickly, which makes companies communicate with their customer audience in order to promote a particular product. Such actions are seen as marketing. Their utilization allows various organizations to induce behavioral change and increase profit in such way. However, the focus of marketing tends to alter...
Introduction In the current business environment where fixed budgets and even tighter turnarounds have become the norm of the day, effective supply chain management has become a key requirement for any business that wants to remain relevant. Improving the supply chain process makes the business more effective, efficient, and convenient...
The management plays an important role in the implementation of decisions that are made by the organization. During decision making sessions every member is requested to give his/her voice concerning the issue at hand. Later, the decisions are allocated priorities and the one that is ranked highest is considered first....
The firm will rely on independent retailers to sell its products to different consumers in the market. It will be important for the firm to pursue a distribution strategy that helps it build beneficial relationships with other entities which have operations in different parts of the country. If possible, the...
Total quality management is a principle that has become very important in modern management practices. This has a major influence on how internal operations and systems within an organization are structured. Quality management practices are implemented so as to provide customers with high-quality products which satisfy their needs and expectations....
Jordan company statement of cash flow Net profit for the year 141, 000 Add: depreciation 54,000 195,000 Cash flow from operating activity Gain from sale of investment (8000) (8000) Cash flow from investing activity (126,000) Proceed from sale of investment 51,500 Total cash flow from investing (74,500) Cash flow from...
Introduction The nature of the event industry is multifaceted, which requires organisers to develop interactive strategies to satisfy the needs of visitors using various creative but focused approaches. For instance, trying to acquire significant benefit while organising large-scale events without the appropriate focus on its content, intended impact and public...
Executive Summary Enterprise risk management (ERM) remains an essential tool to many organizations. ERM started primarily to aid financial risk administration but later transferred to various sectors, businesses, and governments due to its vast versatility. Its key strength is the extensiveness in allowing further integration of every perceived risk to...
Definition This is an administrative bookkeeping method, which illustrates the use of all the fixed and variable costs inclusive of manufacturing costs to calculate the total cost per minute. It includes the costs incurred during the calculation of the amount of money required to generate and dispense one unit of...
Breakeven point is a very crucial factor in any business due to the importance of its applications. To begin with, breakeven analysis is used to determine the profits that can be earned from a product. It is important to note that the ultimate aim of any firm is to make...
Saudi is an oil producing country. Production and export of oil is the major economic activity of the country. The economy heavily relies on fiscal policies to stimulate the economy. The government focuses on spending on education and health care. There is also use of monetary policies. This focuses on...
The success and rapid growth of Wal-Mart can in part be attributed to the management control system implemented in this corporation. Close attention should be paid to the structure of this system and the main processes that are involved in it. To a great extent, the models adopted by the...
Introduction This paper’s discussion will be about the organizational philosophy that defines Wal-Mart’s organizational structure based on the contingency theory. The contingency theory provides a framework that defines Wal-Mart’s organizational structure and design. Wal-Mart’s organizational design, performance, relationship with the internal and external environment, and exceptional growth in performance both...
Roles played by speculators and hedger in the derivatives market Derivatives play a vital role in risk management; nevertheless, they also create a threat to the financial market and economy stability. The forward rate agreements (FRAs), Swaps, Future contracts and options are examples of derivative instruments (Dodd, 2001). These instruments...
Introduction Relationships between companies and their management, shareholders, board members, and other stakeholders are important in defining corporate governance. Globalization has in the recent past led to an intensified emphasis on corporate governance. Most companies are shifting their focus to ensure that corporate governance encompasses both the controllers and shareholders....
Abstract The purpose this study is to developing a framework for customer relationship management (CRM) in the UAE banking industry. The study will focus on the best practice example frameworks from foreign institutions taking into considerations the local conditions in UAE to develop CRM that ensures greater outcomes to the...
Introduction The late 1940s marks the beginning of growth of Singapore Airlines that was a result of joint venture between the Malaysian government and businesspersons in Singapore. According to Singapore Airlines (2011), “the partnership between Malaysia and Singapore in the airline ended in divorce in 1972 and Singapore established Singapore...
In recent decades, creditors and investors are increasingly relying on financial ratios released by firms to analyze fundamental information about the organizations’ financial position, performance and health (Malikova & Brabec, 2012). This paper evaluates four financial ratios, namely asset turnover ratio, debt ratio, return on capital employed and acid test...
Introduction Occupational health and safety is a very important topic in any work place, because of its relevance in ensuring that the company or the employer provides a safe environment for the workforce. This also forms part of an organisation’s corporate responsibility and it also has a bearing on employee’s...
What is Redbox? Redbox is a company that specializes in the provision of rental DVDs, video games, and Blue-ray discs. The company sells its products through automated rental kiosks. In 2010, the company was ranked as fastest growing rental retailer in the United States by Business Week (“ Redbox Plots...
Introduction This review gives a summary and evaluation of the article “The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders” by Archie B. Carroll. This article provides a better understanding of corporate social responsibility (CSR) based on the four levels of business and societal affiliation (Carroll,...
Introduction: Market Characteristics The market in question can be characterised by rather high rates of saturation. A closer look at the existing large companies and the competition rates will reveal that our company will have to operate in an oligopoly market. Indeed, the latter is dominated by several major companies,...
Executive Summary The treatise estimated the present value of Coca-Cola Company. Coca-Cola Company is a multinational company that operates in the beverage industry. An overview of the financial statement shows that there was a general improvement in the financial performance of the company since 2010. The economy of the United...
Industry and company strategy analysis Burger King is the second largest fast food restaurant after McDonalds. The company is incorporated in the United States. The company has about 12,700 outlets in 73 outlets. It is a public company that trades on the New York Stock Exchange. A large percentage of...
About the companies Wm Morrison Supermarkets PLC William Morrison formed Wm Morrison Supermarkets in 1899. The company is based in the United Kingdom. It has engaged about 132,000 employees. As of 2012, the company’s revenue amounted to £18 billion and net income amounted to £949 million. The company is a...
Portfolio risk A portfolio represents a combination of financial assets like bonds, cash equivalents, stocks including closed fund and mutual exchange equivalents. Although portfolios are in the hands of investors, they are managed by professionals operating within the financial sector. This professional management originates from the idea that in a...
Company Profile The Hershey Company is considered to be one of the leading chocolate and non-chocolate confectionery companies based in the US. The company’s head office is located at Hershey, PA. It has a corporate history of more than 100 years and it owns more than 80 brands. The company’s...