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Gross domestic product is a measure used to capture the total market value of all goods and services in a country. For its calculation, goods intended only for the final consumer are considered without considering raw materials for production. GDP is combined from the financial fortunes of various sectors of...
A market-based system is an economic system that is controlled by the supply and demand of goods in the market. This type of economic system is not regulated by a central authority such as a state government. However, it is established by voluntary exchange. A lot of countries are undergoing...
Key performance indicators (KPI) are the crucial characteristics of success in any business, including property management. There are several of them, and they all provide successful performance for any company. Though there exist several classifications of KPIs, the most common ones include the following nine indicators. They are tenant satisfactory...
Property management companies and all other types of businesses must follow the rules and regulations that govern their operations. These rules and regulations help protect both the business and its customers and clients. The following is a list of some of these standards: A property management or real estate company...
Cameron Crowe, the director of the movie “Jerry Maguire” attempts to demonstrate how success and failure in leadership are a part of life. In this case, the director uses the character of Jerry Maguire to illustrate the importance of ethical behavior within the business environment. Subsequent to condemnation from a...
The contemporary world is self-absorbed as people care only for their survival. Unselfishness is vital in today’s society, plagued with numerous challenges such as war; thus, people should embrace this trait to make the world better. Unselfishness requires sacrifice to oneself since it entails service to others. People deem unselfishness...
Introduction The primary strategy of interest that I attempted to implement was to build a positive relationship with the majority of suppliers by ordering raw materials from the same companies. I have done this in an attempt to increase the capacity of the organization and respond to the shift in...
Competency 1 of ACCCB/543 comments on the fact of why investors decide to invest in a particular business or why a company chooses to improve its operations. According to the module materials, it is necessary to rely on financial statements and two economic indicators, Net Present Value and Internal Rate...
One of the legal issues the human resource management (HRM) department of any organization manages is employee confidentiality. HRM functions are tasked with keeping sensitive information such as social security numbers, personal addresses, phone numbers, background checks, health records, spousal information, and performance reports confidential (Sherman, 2020; Wilson, 2020). However,...
Morgan State University is an institution that enrolls most international students worldwide. Currently, the university offers a variety of undergraduate programs and several masters and baccalaureate programs. The university houses students from within the USA and outside the country. The current enrollment is 7,000, involving local and international students (“Services,”...
People’s preferences, technology, and environment, and culture inevitably change from year to year. That is why companies need to keep up with the times, track trends and adapt to new realities. It is well-known there are two types of companies – the ones that change and those that disappear. Thus,...
With the increased use of technology and smart devices in daily life, marketing activities are now shifting towards digital format. This essay will critically evaluate whether digital marketing activities are important in each step of consumer decision-making by defining three reasons for and against the statement. According to Alghizzawi (2019),...
The digital sphere is overflowing with advertising, which is not only due to the consequences of the pandemic. After COVID-19, offline sales fell due to various restrictions to stop the spread of the virus (Akhtar et al., 2020). Companies use three main ways to “stay in the game” even in...
A significant idea in job analysis is that the work, not the individual doing the work, is evaluated, despite the fact that Human Resources (HR) may gather some work examination information from occupants. Job analysis involves concentrating on something important to figure out which exercises and obligations it incorporates (Korkmaz...
Supporting the development of sales and marketing strategy, using customer data to personalize their interactions, as well as identifying potential clients, and generating leads are reasons why the CRM system is the backbone of a modern digital marketing campaign. CRM systems are game-changers in marketing communication since they enable marketers...
Introduction Technological advancement is an initiative that prominently fostered the intensification of business competition globally. One of the entities facing significant evolution is online marketing in China. An excellent example is the emergence of the Freshippo supermarket that merges both online and offline aspects during shopping for clients. In 2016,...
Introduction Starbucks is often presented as an exemplary brand with an excellent marketing method. The analysis of consumer behavior helped to understand the reason behind a successful client base. The usual coffee shop customers come from middle and upper economic and social classes who seek a comfortable atmosphere near the...
The era of digitalization enabled the incorporation of technologies into every aspect of people’s lives. For example, some companies, like Amazon and eBay, are online businesses, while others, like banks and airlines, need to introduce digital components for their customers’ convenience (Gomes, Santoro, and da Silva, 2020, p. 52). Furthermore,...
While having more than one outlet to reach the customer is beneficial, the alignment of numerous marketing channels may present a challenge. First of all, the more marketing channels there are, the harder it is to maintain brand image consistency (Auman, 2019). This is why it is advisable to convey...
Digital marketing offers vast opportunities for increasing the customer base but comes with a set of challenges. The barriers may be purely technical, such as the difficulties in managing the interfaces between the digital marketing department and the other ones (Chaffey and Smith, 2017). When taken as a whole, the...
Project cost and funding mix According to Asif (2020), the project is estimated to cost US$603 million, including contingencies of 30 million. The proposed project’s financing is based on an 80:20 debt: equity ratio amounting to total equity of US$123 million and total debt of US$480 million. The debt is...
Project cost and funding mix According to CEE Bankwatch Network (2021), the Oyu Tolgoi has been estimated to be the largest investment project in Mongolia, at about USD 12 billion. Oyu Tolgoi LLC was created in 2009 to operate the project and is jointly owned by the Mongolian state-owned Erdenes...
At present, everybody needs to adjust to technological advances for success. Organizations that cannot stay aware of the consistently progressing advanced capacities hazard getting abandoned by their rivals, as developments in versatile, social stages, information science, and distributed computing ceaselessly change how clients hope to draw in with an organization...
Succession planning is one of those issues that most organizations don’t address systematically. Some organizations are small; others are struggling with organizational issues. In these situations, thinking about what happens if the CFO suddenly leaves or the CEO gets sick does not seem to be a priority (Information Resources Management...
Zara is a Spanish fast-fashion company that designs, makes, and distributes apparel across the globe. The business has continued to ensure a trajectory of rapid yet profitable growth by hitting an enormous net income. Zara’s supply chain integration enables the company to reduce production, logistics, and inventory costs while improving...
During the past decade, the number of businesses that incorporate digital marketing into an overall promotion strategy has increased drastically. For instance, from 2012 to 2019, Google’s revenues from digital advertisement increased by more than 200%, while Facebook experienced growth by approximately 1500%, indicating the channel’s growing popularity (Statista, 2021)....
Modern technologies have contributed to the companies shifting to online platforms to sell their goods. As a result, to increase their revenues, organizations started to focus on digital marketing to attract more customers. To be more particular, the brands use people’s search results to analyze their audience and reach potential...
China was one of the most coronavirus-influenced countries from both perspectives. On the one hand, many people experienced social instability due to the significant number of deaths and strict lockdown measures. On the other hand, China critically changed the attitude to international counteragents from “the third-world country” to equal trade...
Introduction Since the end of 2019, an unexpected illness referred to as coronavirus disease, or simply COVID-19, has spread across the globe. The first case was registered in December 2019 in Wuhan, which is China’s central city. The Wuhan Health Committee confirmed more than 40 cases of viral pneumonia at...
During the eighteenth century, France was developing the vine-making business and was one of the first countries of the Old World that introduced the wine culture to the rest of Europe and the lands outside it. Bartlett & Mara (2016) claimed that French “grape growing supported 1.5 million families and...
Social marketing is more of a philosophy than a brand strategy. Such marketing manifests itself in various forms: from direct advertising, which consumers can believe, to building strong relationships with the audience based on a standard set of values. Companies focusing on social marketing evaluate their decisions from the point...
Recently, social marketing has become increasingly popular, as it helps the government and various organizations to promote the changes in behavior that are expected to be extremely beneficial for the entire society. Although social marketing heavily utilizes some tools from traditional commercial marketing practices, it has developed completely different techniques...
The five variables to address in an expatriate performance management system For McDonald’s as an international corporation, the following expatriate performance management system variables are important: Expatriate goal setting; Expatriate performance appraisal; Expatriate training and development; Expatriate performance-based pay; Expatriate feedback. The elements within each of the five variables In...
The New York Times article titled ‘Wal-Mart gives up Germany – Business’ was written by Mark Landler on July 28, 2006. The article presents major issues of interest and especially business affairs in German market. In the introduction section, it is evident that Wal-Mart stores acknowledged defeat by agreeing to...
In order to determine whether the company has a good record of servicing sales and paying the suppliers, it is necessary to assess its income statement and balance sheet. The former report shows the amount of the sold goods and the revenues – if any – received. The latter document...
Scientific management consists of four distinct components. The first is the valuation of a work process from an investigative point of view. Second is the allocation of appropriate employees or resources to the task. Third, providing employees with training, tools, and incentive to take on the task. Fourth, the use...
Introduction Social marketing is a phenomenon that aims at achieving socio-economical, political, and business objectives. According to Domegan (2021), this form of marketing promotes behavior change among consumers and the general public. Currently, the internet has become a significant platform to educate the general public about protection against Covid-19. The...
Business-to-business (B2B) and business-to-consumer (B2C) groups of companies primarily have a different target audience, yet both groups gene use the same marketing approach. Namely, in choosing the main ways to sell a product or service, whether to a business or a customer, a company needs to satisfy the buyer’s needs....
Prior to 2000, Enron was a highly admired company due to the fact that it managed to achieve high levels of productivity and income in a short period of time. It was rated as the world’s most innovative company by Fortune magazine six years in a row, valued by investors...
Samsung Electronics is a South Korean brand manufacturing electronics and household appliances. The company constantly improves the accuracy and speed of its information systems (IS) to meet today’s business requirements. Beforehand, each company or division used autonomous IS. This impeded the rapid exchange of information and slowed down operations. Therefore,...
The producers of effective greaser cutters can penetrate a new market. Instead of selling to customers, the company can start business-to-business sales, which will lead to an increased profit. The global household cleaner market is one of the areas to target as this sector is steadily expanding. It has been...
Branded and high-fashion footwear has become more popular among the young population. Sneakers are shoes designed for sports; however, it does not stop young people from wearing them daily. In 2019, the global sneakers market size exceeded $60 billion; and it is still growing. The leading brands in the sneakers...
The phenomenon of community economic development (CED) is a rather recent one due to the comparative novelty of the idea of collaboration in promoting economic growth. Nonetheless, several studies have already explored the benefits and opportunities of the specified concept, the paper by Clay and Jones (2009) being a recent...
Background Research The Internet provides companies with many marketing tools which they can use to promote their brands and make them known to a larger audience. Electronic word-of-mouth is one of the most common and inexpensive ways businesses can utilize to popularize their products among consumers. Uber Eats is a...
Balanced Scorecard Financial Objectives Measures Targets: Timeline/ Metrics Increase market share Total Revenue Increase 5% in the first year Increase revenue Generated income Increase 3% in the first year Reduce unnecessary spending Spending reduction Decrease 3% in the first year Increase sales Total income from sales Increase 5% in the...
Introduction A financial institution is seen as any institution that provides financial services to its members by acting as an intermediary in most cases. There are a variety of financial institutions depending on the type of services each offers to its customers. Some offer general services while others specialize in...
Anyone operating a fashion business must be aware of the increased access to information about the brands by customers. The culture of replacement is what those who want to remain in the fashion business should embrace. Lin (2022) is convinced that buyers have now changed their focus from having stylish...
Executive Summary Riot Blockchain has deployed around 8,000 application-specific integrated circuits (ASIC) miners at its Oklahoma facility. Using its subsidiary TESS Inc., the organization aims to develop a blockchain-based escrow service for telecom carriers working on a wholesale basis. It currently holds 13% interest in Coinsquare Ltd., which is a...
The present report focuses on the operational strategy of Benihana restaurant that combines higher levels of customer satisfaction with better profits for the establishment. Benihana is a Japanese restaurant serving customers in the U.S. with the use of unusual techniques. As can be inferred from the chain’s website, Benihaha (2021)...
Introduction IDEO places people at the core of the design process, both as a business and in the solutions it develops. According to the company, user experience is a crucial element of design thinking, and it will continue to be so as the approaches change in response to new, complicated...
Economic resources such as oil and gas are expected to generate wealth. However, in some cases, countries endowed with these resources suffer from a ‘resource curse’1. For that reason, these resources bring conflicts and instability instead of peace and development. A large body of empirical research has found out that...
Introduction Canada has a generally favorable climate for doing business due to the lack of state overregulation and the business-friendly taxation system. The country’s laws and political climate are conducive to attracting investment. Federal and local governments interact effectively and within the framework of the law. This paper aims to...
Business strategy refers to an outline of decisions and actions that a firm plans to achieve its business objectives. In the process, a company clearly defines what has to be done and who is responsible for doing the specific action. Any company needs to consider setting a business strategy that...
The initial idea pointed out by Ruelas-Gossi and Sull (2004) revolved around the fact that there would always be factors allowing managers to find excuses for reduced performance, such as the lack of resources or picky customers. Nevertheless, many business environments demonstrate that the notion of ‘innovating on a shoestring’...
Medium-sized companies are typically engaged in business that allow for low-skilled labor, but require a backbone of high-skilled key personnel in order to maintain operations. Therefore, as an HR manager for such a company, I would advocate for the program aimed at helping raise and retain key positions, while leaving...
There are different types of retreats that vary in length and other parameters. More importantly, some of them are more difficult and expensive to organize. With teambuilding being the ultimate goal, it is necessary to remember about the cost-effectiveness of different retreats. There should be a fine balance in this...
Introduction On May 13, 2014, Google was instructed by the European Court of Justice (ECJ) to confiscate links to personal information about individuals if they request that the links be removed. The ruling stemmed from a case brought before the ECJ by Spaniard Mario. Spaniard argued that links to an...
Current Acquisition Over the last decade, massive transitions have taken place in different industries owing to the emerging implications of information technology development, necessitating acquisitions and mergers. For this paper, the focus is on the acquisition of Kustomer by Facebook. Ideally, Facebook is a social network company whose operation majorly...
The case of Wells Fargo account fraud reveals the difficulty of attributing the responsibility while encountering the crisis. On the one hand, the company’s managers are blamed for setting a priori unachievable goals. On the other hand, the workers involved in the creation of fake accounts are liable as their...
Chipotle Mexican Grill (CMG or Chipotle) was founded in 1993 by Steve Ells. The eatery would achieve tremendous growth in the following 20 or so years. By 2014, the restaurant had over 1600 outlets with more than ten outside the United States. Many would be surprised at what caused such...
Introduction Innovation in the consumer services sector has become a part of modern life and an essential element of progress in the technology industry. As an example of a company involved in this field, one can mention Dyson, the corporation that has been successfully represented in the global market since...
The main issues that Tesla Motors is currently facing are associated with the acceptance of the new electric cars technology by the customers, reduction of manufacturing costs, and improving the company’s distribution channels. To gain a competitive advantage in the face of increasing demand and technological advances, companies need to...
Introduction The current high-level case study provides a thorough financial analysis of Square, Inc. (SQ). SQ is an American company specializing in financial operations, digital payments, and merchant services (Cussen, 2021). The organization was established by Jack Dorsey and Jim McKelvey in 2009 (Cussen, 2021). The underlying principle that initiated...
Outcomes & Budget The Ankara farming project will focus primarily on the production of fresh vegetables and fruits. The production follows an increasing demand for fresh farm produces in the metropolitan in the recent past. The Ankara population is expected to grow at a rate of 1.4%, and by 2030,...
Introduction Globalization is not a new phenomenon, but rather a concept that has started to follow the human population due to colonialism, international trade, and economic liberalism. The global economy is characterized by the increase in the exchange of goods and services, which ultimately leads to the diffusion of economic...
A fixed exchange rate ties the country’s official currency exchange rate to another country’s currency, a basket of other currencies, or another measure of value, such as the price of gold. Under the fixed exchange rate, the government “aims to stabilize the exchange rate of the domestic currency by directly...
The existence of a majority of social, business, and political institutions depends on quality leadership, which makes it vital in all areas of life. A good leader has to possess the necessary skills and strengths to distinguish themselves among corrupt, dishonest, and morally bankrupt bosses who are currently in charge...
No doubt, responsible leadership has an impact on organizational performance. It has become a compulsory company’s attribute. Modern business is impossible without implementing it. Concerning my knowledge of the topic, it will affect both my personal and professional life significantly. For instance, as the ethical aspect of responsibility spreads widely,...
Introduction The given analysis will primarily focus on the risk-return analysis of five key assets represented by companies, such as Cabot Oil & Gas Corporation (COG), Cooper Companies Inc. (COO), ConocoPhillips (COP), Coty Inc. (COTY), and Texas Instruments Incorporated (TXN). It is important to note that all of these companies...
The automated or robo-advisor investment services became increasingly more popular with the rise of the mobile devices market. Acorns is an application that gives its users an opportunity to begin trading stocks without any knowledge. The app was created by two amateur investors who recognized the opportunity to tap into...
When the rate of money demand becomes inelastic, it signifies that a buyer’s demand for a product does not change in proportion to the change of the product’s price. For instance, in a situation in which the price increases by a rate of 20% while demand decreases by the rate...
Introduction Return on investment is closely connected with the notions of equilibrium and uncertainty. The investment rate should be analyzed both in the short-term and in the long-term run since the dynamics in different time periods are different. Thus, this paper aims to explain why in the long run, the...
The topic of money is always relevant in all branches of the modern economy since we all face money every day. Money for many people is the primary value measure and is the universal equivalent. The time value of money has a strong influence on the methods of evaluating the...
In a country where poverty and economic inequality is so rampant, it is essential to find ways to help the economy recover. A recovering economy means more jobs and a better standard of living for the masses. One way this could be achieved is by supporting the arts, which will...
A contract breach happens when one of the parties in the contract does not follow the terms and conditions set within the contract. Based on the clip, Spud’s emergency is insufficient to excuse him from contractual obligations without liability. According to the Unfair Contract Terms Act, 1977 (UCTA), liability can...
The Advantages of Ethics Idol as an Ethics Training Communication Medium Over In-Person PowerPoint Training Cisco is promoting ethics in its company through an innovative strategy called Ethics Idol. They created animations based on a parody of the acclaimed TV show American Idol – a series of animations about ethical...
Over the past decades, more innovative, flexiblem, and dynamic organizational models were developed. One of the models called holacracy challenges the traditional understanding of how an effective business should function. Holacracy is a decentralized organizational system, which brings employees more authority and responsibility for their actions. It is based on...
Introduction Performance ratings or quantitative measurements of employee effectiveness and performance are widely used to allocate monetary rewards and stimulate employees to work harder. There are simplistic ideas, including the equity and attribution theories, that establish the principles of performance evaluation and providing fair rewards. This essay explores challenges to...
Each organization requires a strategic employee compensation system that covers the following four areas: reimbursement, advantage, acceptance, and evaluation. The problem with remuneration systems in many companies today is twofold: they lack some of the aspects, and the existing elements are not adequately coordinated with the rest of the company’s...
Introduction Solvay is a Belgian chemical manufacturing company operating worldwide. The company serves the health, agricultural, aviation, automobile, and energy sectors. Ilham Kadri heads the company as the CEO since 2019. Solvay is headed by a board of directors who appoint the executive committee which oversees the company’s business operations....
Introduction Saudi Aramco is a Saudi Arabian state-owned business, and it is a dominant player in the oil and gas business, actively engaged in petroleum commodity exploration, manufacturing, marketing, and processing. It is responsible for the planet’s largest crude oil deposit, with a volume of 260.2 billion barrels, and the...
Even though the Coca-Cola company is already involved in global cross-cultural management and demonstrates great results and engagement, it is necessary to make sure that its leaders are aware of the best practices to avoid or solve conflicts. Therefore, a special program to train the leaders to build trust and...
The biggest current trends in the social, economic, technological, competitive, and regulatory forces are the rapid development of all fields and the need for greater flexibility to adjust to emerging conditions. From this perspective, the two forces, social and technological, can have a significant impact on marketing (“Chapter 3 –...
Tesco has approximately 170 brands, and they are not equally profitable and important for the company, so range rationalization is necessary to determine what should be discounted/receive an additional push. Generally, the issue is that the drinks are not evenly distributed in stores, which affects both the top-performing items and...
Companies that have branches abroad require competent expatriate employees and managers able to operate effectively in an international context. Yet, quite often, developing such professionals, as well as retaining them, can be challenging for companies, and, as a result, they face numerous problems. Namely, the primary concerns related to the...
The reverse revolving door is the transition of top-tier staff from private organization employment to the government and vice-versa. It exists between the mentioned industries since most politicians and regulators become activists and advisers for the companies they regulated once. Some private-sector activists get appointments from the government related to...
Introduction The case of the Coca-Cola Company sheds light on IoT applications for beverage businesses. Six years ago, the company started testing its smart IoT-connected refrigerators that facilitate the collection of data that local managers might find conducive to increased sales (“Coca-Cola benefits from IoT,” n.d.). These smart coolers’ data...
The topic of discussion is based on the main challenge of (1) equal and fair distribution of overtime work among employees. It also raises the challenge of (2) assessing employee performance and deciding whether to work overtime according to that assessment. Communicating directly with employees and (3) getting a quick...
First of all, the importance of widespread incentives is expressed in the relationship of organizational culture with labor stimulation, which was demonstrated by the example of Sodexo. This company is characterized by the sharing of common values and goals by all employees, cohesion, complicity, individuality and a sense of the...
Victoria’s Secret is one of the leading retailers specializing in bras, panties, lingerie, pajamas, and beauty and care products. The company has many physical stores in Europe, Asia, Africa, North and South America and delivery to almost anywhere in the world. The Victoria’s Secret brand is known worldwide both for...
“China’s rise” refers to a political movement directed to enhance ideological belief, faith in the CPC, and confidence in the future (Xia, 2006). The rapid economic growth of China increased its impact on the international arena in many aspects. Turning into the second large economy globally, China has an ultimate...
Introduction It seems reasonable to state that both the United States and Canada are among the most developed countries in the world. They have walked a long path on their way to economic prosperity and significant socio-political indicators that imply a decent level of life for the citizens. It might...
The problem raised by the authors of the article touches on a highly relevant topic in the context of the current pandemic. With the arrival of COVID-19, many store shelves were empty, while city dwellers were buying up vast stocks of antiseptic, toilet paper, and food supplies. Unfortunately, the sellers...
An investment is an asset people buy with an expectation of a future financial return. There are different classes of investment that vary depending on the capital employed, the risk involved, and expected returns. Specifically people can choose to invest in bonds, stocks, or cash equivalents. Bonds are the least...
Introduction The principal goal of a commercial company is to realize a profit. Nevertheless, this intention can be achieved illegally, particularly by creating Ponzi schemes. At present, a financial pyramid is a standard model of fraud in the business investment environment. It is essential to explain its origins and features...
Historical Summary of Events The term “Too big to fail” is an underlying concession and a popular metaphor used in reference to almost all private company bailouts by the government. The label became famous in the 1980s following the financial crisis that involved the Continental Illinois National Bank. The idea...
Recruitment requires significant financial expenses from the employer, mainly if mass recruitment is carried out and if highly qualified specialists are being searched. This is because these types of personnel searches require a lot of time and money for placing search ads and the work of human resources managers (Cappelli,...
Carrie Schochet’s article called 10 Workplace Trends To Watch For In 2021 is about workplace trends and how the workflow has changed significantly since the pandemic. Worker protection is not simply a concern in the industrial and warehousing industries. Businesses must have rules and processes in place to ensure that...
Introduction Public-Private Partnerships (PPP) are projects that have received much impetus in the infrastructure industry both in developing and developed nations in the recent past. That is has been the case in the international scene involving developing and developed countries. Analytically, PPP projects are characterized by a partnership between the...
Introduction Health care economics is an economics division that concerns itself with matters that regulate the scarcity in the provision of health and health care services. In other words, health care economics is the universal term this is considered to be the study of health care system operation and private...
The leadership style of Jeff Bezos could be characterized as a transformational one and is aligned with such principles as innovation, mobilization, transformation, and motivation. Some scholars characterize Bezos’s leadership style as autocratic and toxic, whereas others find it transformational. Gradinaru et al. (2020), Rivet (2017), and Breuer and Szillat...
Introduction The present essay argues that the consultative leadership style is the most suitable one for modern organizations. Main body Even though experts debate what leadership style is the most effective one, some scholars claim that it is impossible to choose only one specific style. Instead, this choice should depend...
