EssayBizLab inspires high school, college, and university students with various referencing styles spanning all business-related topics. Type a keyword in the search bar and get dozens of excellent essays at your fingertips.
Introduction It is not possible to achieve meaningful improvement within the company without optimizing the efforts of its workforce. The topic of motivation is one of the primary sources for innovation in the past few decades, and there are many developments from behavioral studies related to this issue. Studies by...
Introduction Globalization widely implies the interaction and connectivity of countries. In another context, globalization refers to the integration process, particularly for nations, usually at a higher quality level than historical stages of social development. There are numerous ways in which globalization impacts the economy, notably through economic policy changes. Although...
A free enterprise system is a desirable scenario in which individuals and agencies have equal chances of business success, as organizations operate in an economy devoid of the government’s manipulation of supply and demand. Giachetti (2016) asserts that a free enterprise system allows people to make independent economic decisions in...
Introduction The fields of economics and sociology offer powerful concepts for studying communities and how human beings engage in various activities to generate income. In some regions, cases of inequality and injustice are usually prevalent, thereby affecting the experiences and outcomes of the affected citizens. Different scholars and philosophers have...
Nowadays, the impact of COVID-19 on countries’ economic and social lives cannot be neglected. Some organizations are able to make necessary transformations and survive the associated crisis. However, in the majority of cases, negative impacts on economies are observed. In Toronto, Canada, job uncertainty (for small business and self-employed individuals),...
Introduction The economy cannot be considered as a stable phenomenon without fluctuations and changeable factors that affect a plethora of actors. It has both booms and slumps that are to be taken into account while undertaking any strategic management activities. History shows that the perception of the economy that contradicts...
Uber company is known almost all over the world as this fast-growing startup has turned into a large-scale network of taxi services. In recent years, Uber has also gained its fame due to scandals and unethical actions of the company and its employees, which reflects the ability of top management...
Introduction DMAIC is one of the most effective tools for the continuous improvement and achievement of better outcomes. Its effectiveness comes from the ability to form a practical problem-solving framework that is characterized by a high level of standardization (Wedgwood 15). Such a process can be developed by introducing key...
Definitions Nowadays, marketing is one of the essential parts of developing a product that will be both revenue-producing and highly scalable. Marketing is defined as “the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.”...
Introduction International agencies emerged as a response to the two world wars and due to the desire of people to address issues collectively to achieve the most optimal results. The organizations aim at solving major problems and contributing to the sustainable development of all people by bringing balance and helping...
Quality improvement has always been one of the main objectives of a business irrespective of its size, origin, or speciality. Furthermore, statistical quality control (SQC) is a significant phenomenon when it comes to quality management. Jacobs and Chase (2014) argue that SQC is a set of techniques that are used...
Effective crisis communication aimed at minimizing the unfavorable consequences of some parties’ mistakes is critically important in professional sports. To support fair competition, ensure the presence of equal opportunity, and gain spectators’ trust, it is essential to promote ethical norms and implement regulations to ensure the integrity of professional athletes,...
The current coronavirus (COVID-19) pandemic has brought about a significant shift in the overall stock market, with some companies being affected adversely and some positively. Companies falling in the niche of pharmaceuticals (Morderna Inc -MRNA, Gilead Science – GILD, the CVS Health Corporation, and Novavax Inc.-NVAX) and entertainment (Netflix –...
Introduction All businesses, both manufacturing and service-driven, should draw specific attention to their operations. It is so because operations analysis can show existing inefficiencies and opportunities to improve supply chain performance. Thus, the given paper will present process maps of how products and services are created. The flow charts will...
Any leader is confronted with unexpected tasks and challenges that need to be responded and overcome quickly. However, some of them can be easily solved due to the knowledge and experience of a manager, while others require efforts on his or her part, as well as on the involvement of...
A supply chain is an essential phenomenon for every firm or company. This term stands for a system that is used by a business to produce and distribute goods or services to consumers. When it comes to developed companies, a supply chain involves “a network of multiple businesses and relationships”...
Introduction Workplace bullying is a practice observed in organizations when certain employees or employers repeatedly mistreat their co-workers. This mistreatment is usually harmful and offensive in its nature, and it can have the form of verbal and non-verbal abuse (Baack, 2012). In this situation, the victims of bullying are targets,...
Introduction National cultural dimensions can significantly affect intercultural communication in the business context. When referring to the categories determined for the cultural analysis by Geert Hofstede, it is possible to explain the specifics of doing business in different national contexts (Barkley & Eggertsson, 2017). The purpose of this paper is...
Many companies try to achieve the maximum level of effectiveness. Choosing the right form of leadership is one of the ways to reach this goal. Therefore, leadership has become a widely discussed topic in business people, politicians, and even scholars. Through rational organizing of work, a leader can create a...
A financial manager can look at different ratios and financial statements to determine if the business is successful or in distress. However, there are some key indicators that can provide an adequate and quick assessment of the business’s financial health. Mcclure (2019) suggests that examining financial statements is the best...
Leading a team always represents a significant challenge due to the multiple needs and specifics of each participant that have to be addressed, as well as the necessity to align these needs with those of the organization. However, the head of has managed the specified issue rather effectively by integrating...
As the name implies, interpersonal communication is an exchange of information that takes place between people. Whenever two or more people talk, send each other emails, or share any other knowledge through some method, interpersonal communication takes place. It is essential to study the topic because of the implications of...
OPEC and Global Energy The economy of the modern world stands on a foundation consisting of oil, gasoline, and hydrocarbons. The black liquid substance flowing from the Earth’s bowels is the most valuable fuel, on the price fluctuations of which states make money. At the same time, it is evident...
What is a strategy The world is a diverse system full of small details, crossovers, and variations. Every time humans strive to reach any peak, they find themselves in an abyss of obscurity: there is no guarantee that the chosen path will lead to success. One can rely on hope...
The impact of information technology on human life and world progress is impressive, and it is necessary to understand which areas undergo considerable changes right now. The possibility of using such devices as smartphones and computers improves the quality of work and saves time in different spheres, including politics, management,...
The modern economy is a complex system built on the interdependence of government and banking operations and principles. Larry Hannigan’s story demonstrates the gradual creation of such a system and its principles through fictional characters and exaggerated images. Such explanations help the reader understand the basics of banking and economics...
Organizations tend to use different salary structures depending on their size, available resources, the industries they operate in, and other factors. Monetary reward is one of the primary motivational tools that help companies hire, develop, and retain the labor force. The traditional approach, salary ranges, are often replaced with more...
Today in the US, many corporations can influence both the politics and the economy of the country. Corporations fund future presidents’ political campaigns, set the agenda for journalists with stunning scandals, and invest heavily in new businesses and jobs. Therefore, it is imperative to understand the board of directors’ responsibilities...
The educational services sector establishes institutions and organizations that provide various kinds of training from elementary schools for children to educational centers for adults. This sector plays an essential role in our daily life since every citizen is obliged to receive an education. Besides, many adults have to take refresher...
Emotional intelligence (EI) is the ability to identify your own and others’ emotions and employ them in problem-solving and decision making. Emotionally intelligent individuals can easily recognize emotions in others via facial expressions and body language and utilize it to adapt their behaviour. Many studies link EI to leadership skills...
It sometimes happens that an organization’s marketing efforts turn out to be disconnected and do not complement each other. In this case, they do not help to shape a unified brand image and be heard and recognized by a large audience of prospective customers. Integrated marketing communications strategies solve this...
The personal, organizational leadership philosophy is primarily based on the Book of Nehemiah. The main reason is that it contains a strong first-hand narrative about Nehemiah’s leadership in rebuilding Jerusalem walls. There are many useful connotations regarding one’s approach to organizational leadership and management. Nehemiah is an outstanding example of...
The spread of COVID-19 in the United States and other countries has led to affecting the supply chain of personal protective equipment (PPE) used in hospitals. The shortage of PPE during the early stages of the spread of the pandemic was associated with the fact that the majority of masks,...
Henry Ford was an industrialist whose achievements transformed the transport industry in America. He was born on July 30, 1863 in Michigan, and died at the age of 83 on April 7, 1947. Ford is remembered for creating new methods of manufacturing and personnel management that had never existed before....
Introduction Demonstrative communication is a big part of the communication process. It involves the use of non-verbal communication. It can take the form of, body posture, tone of voice, dressing, facial expressions and use of eye contact among others. Demonstrative communication is used to improve verbal communication. Correct use of...
Concept and Vision The idea of drone delivery services came from the Internet; I have no experience with this market. Perusing recent articles on the web, I discovered the growing popularity of package delivery using drones. For example, I discovered that Amazon Prime Air delivery is becoming increasingly popular and...
The word leadership refers to a social process of persuading individuals to carry out certain duties. In the modern world, conservative meaning of this idiom has changed. Individuals or groups have unique needs and characteristics through this: One should understand their own characteristic and needs. Leaders should understand the characteristics...
Product and its primary characteristics Joy Daycare center offers full and part time day care services to toddlers between the ages of three to five years. Thus, the product is day care service, which is sold to working parents within middle-upper market economic bracket. Fundamentally, marketing scholars have identified four...
Stealth advertisement is one of the sales promotion techniques used in the marketing industry today. Companies spend a lot of money on advertisements, which affects their revenue. For a company to remain competitive in today’s turbulent market, it needs to reduce its operation costs e.g. advertisement costs. Levi Strauss &...
Introduction The international monetary fund was established in 1945 after the Bretton woods agreement of 1944 to fulfill three obligations. It was intended to serve as a common forum for multilateral economic cooperation; this was to create a level playing ground as well as cushion other countries from an individual...
Introduction According to Drejer (2002) core competencies are those that provide the firm with a competitive advantage when executed within the firm. A similar definition can be extended to define an individual’s competencies, which in this case would be those aspects or qualities of that makes him competent in what...
Introduction The study focuses on investigating the use of online platforms in recruitment employees. Digital transformation is a term used to describe the process of bringing new technologies into the realm of human resources. The theoretical framework presented by Mahmood and Ling (2017, p. 179) can be used, which “consists...
Introduction Performance measurement comes with several challenges as the purpose behind collecting such data is linked to finding ways to improve the effectiveness of individuals and ensure that they meet the established objectives when fulfilling responsibilities. In an organizational context, performance management relates to developing a skilled and empowered workforce...
The issue that needs to be fixed is connected to actions that should be performed in the workplace with regard to surveillance and employee tracking. This notion can be assessed as problematic since rigorous employee surveillance can become a subject to a potential conflict of interests. A more detailed idea...
Abstract Understanding the effects that teamwork has on project implementation as a part of the project management framework is vital to UK companies in all industries. Therefore, studying the numerous levels at which teamwork is connected to project implementation and project management is central to effective performance. This paper seeks...
Human Resource Human Capital Development Organizational Structure British Airways has a straightforward organizational structure in which managers’ report to the Board of Directors. British Airways, being a global company, has offices all over the globe. The firm has a unique method of recognizing and respecting its employees. Employees’ special days,...
Introduction The primary purpose of recruiting is the timely provision of the organization with effectively working for personnel in the required quantity to achieve the strategic and tactical goals of the enterprise. In this regard, there is a need to create and implement innovative and effective employee recruitment technologies in...
Introduction Depending on personal experiences as an overall packaging-based designer for an executive cosmetics firm, I have witnessed how much time and resources companies put into producing recyclable packaging. However, the question remains as to whether recyclable-based packaging gets reused. Or does it end up in designated landfills, where it...
Introduction The SunRice Group is an Australian food group comprising multiple businesses, assets, and operations across Australia, New Zealand, the Middle East, the United States, the Pacific Islands, and Asia. SunRice’s (2021) portfolio of 35 major brands present rice foods, gourmet, ‘free from’ goods, and animal feeds. SunRice’s (2021) future...
There is no doubt that technology has radically changed the way businesses operate. In a changing world where automation has become the standard, technology has aided in making things more efficient and reliable (Orhan et al., 2021). However, technology is not devoid of challenges for employees and contemporary organizations. Technological...
Introduction The importance of a functional department to an organization determines its creation. For a long time, procurement was seen as the firm’s transactional unit. However, several companies combine procurement with cost reduction and supplier management (SCM) to improve competitiveness. As a major brick-and-mortar and online retailer, Tesco Plc has...
The point and purpose of most evaluations are to provide helpful feedback to different audiences, including staff and other relevant stakeholders. The feedback is perceived as useful if it assists in decision-making. However, the relationship between evaluation and its result is not straightforward. Analysis that appears critical sometimes has no...
Introduction In recent decades, the level of environmental awareness among the public has increased significantly in relation to different sectors, including the healthcare industry. The health care expansion effect has led to increased hospital operations and increased sensitivity to Hospital relatedness to sustainable management, among other environmental-related concerns. These changes,...
Introduction The work environment can be defined as the atmosphere surrounding employees and impacts their performance in the organization. Having a positive or ideal work environment within an organization significantly influences employee engagement, morale, performance and productivity. A perfect work environment determines how employees would be willing to participate in...
Introduction Employees are the most significant asset for every business because individuals determine whether the stipulated objectives can be achieved. That is why organizations do their best to prove that their workforce members meet the highest standards of professional behavior. This statement denotes that managers and administrators frequently develop specific...
Executive Summary The 4th of April 1975 marked the founding of Microsoft, an American global enterprise in the field of computer technology. Microsoft, today the largest software corporation, was founded by Paul Allen and Bill Gates. Additionally, it is among the most valuable corporations in the world. The SWOT analysis...
Background One can see that IBM experienced a gradual decline in revenue throughout the last four financial years (FYs). The revenue decrease between the 2020 and 2021 FYs was especially significant, as total revenue plummeted from $73,6 billion to $57,3 (Yahoo!Finance, 2022a). However, the seemingly drastic fall can be explained...
99 Cents Only Stores are a famous American retail chain offering a wide assortment of consumable and closeout merchandise and domestic and imported products at a significant discount. The company purchases name-branded and private label merchandise from the manufacturers. The new venture transitions from a simple idea to a highly-managed,...
Introduction The paper presents a SWOT analysis of Safe and Sound Security, an alarm purchase and installation company. Strengths Has successfully expanded beyond its region; Have lower prices for services than their main competitors; High-quality equipment, goes through several stages of licensing, so it breaks down less often than competitors...
Introduction Chevron Corporation is among the top-ranked energy companies globally, with headquarters in San Ramon, California. It was founded in 1870 as a successor of the Standard Oil Company. The company mostly deals in oil and gas products with an international presence in the market’s value chain. Moreover, the corporation’s...
Products and Services Through both its online and retail centers, Walmart offers its consumers both products ad services. With the company operating three primary store formats in the United States, every store format is custom-tailored to the surrounding neighborhood (Walmart, 2022). Therefore, in every neighborhood, the organization provides bakery and...
For a safe workplace environment, it is necessary to provide constant employee feedback, eventually creating a set of safety rules and an entire culture. It will ensure the trust of employees in superiors and colleagues among themselves (Cross, 2022). In addition, in such a company, the bosses are critical of...
Introduction The field of hotel services has grown rapidly in recent years. More and more hotels are opening around the world, expanding the sphere of influence of various giants in this area. The Covid pandemic, which in some ways slowed down the development of the hotel business, played a significant...
Modern society has a large number of representatives of various cultures, races, and nationalities. Consequently, such a concept as diversity has gained exceptional value, especially in the workplace. It can have many positive effects, including increasing productivity, improving the work environment, and providing enhanced opportunities to organizations. However, this phenomenon,...
Introduction To refer to a particular assessment scale, in my opinion, I rate myself using the value of 8 in terms of the evaluation range from 1 to 10. I suppose I possess various beneficial skills, experiences, and competences, as well as a developed set of personal characteristics, qualities, and...
Introduction Developing an ambassador program is essential for transforming workers into brand champions who can protect communities by providing meaningful services. Ambassadorship initiatives may introduce workers to brand values and socialize them without presuming they are already familiar with the company’s mission. This article examines the capacity of Corporate Social...
There are various approaches to employee development; however, they tend to be divided into four main categories. According to Hollenbeck et al. (2021), these are formal education, evaluation, job experiences, and interpersonal relationships. First of all, organizations can promote staff development through different formal educational programs. These might include short-term...
Introduction Over the past decades, high-performance work practices (HPWP) have become important for most organizations. HPWP is a method of organizing work in which employees have a say in making decisions that affect their jobs and the organization (Blackman et al., 2019). These techniques require a lot of investment in...
The topic of work-life balance is becoming relevant because people have begun to see difficulties in setting boundaries between work and personal life. This topic made people think after the quarantine period when all the people were sitting at home working. As it turned out, it is complicated to combine...
There is no doubt that diversity is promoted via enhanced communication and conflict management. These two essential skills allow for mediating the differences between constituents of diverse cultural, ethnic, and generational backgrounds. Therefore, one of the eight strategic focuses for Aetna could be the enhancement of the diverse, high-performance culture...
Social media shapes people’s lives to a large extent, including their interactions ion the professional setting. To determine the exact effect that distractions provided by social media produce on employees’ performance in the target organizational setting, a quantitative research ethology will be needed. Specifically, the proposed framework will help prove...
HRM Functions and Practices Strategic planning is a tool used by organizations to outline their objectives and vision as well as to direct how they will be achieved. A business assesses its existing situation and projects further directions in order to decide on each stage of development. In many aspects,...
Introduction Security is an essential feature in any organization since it leads to the provision of safety and prevention of personal or group liabilities. In the internal structure of an organization, managers have a role in having security information supplemented by intelligence within the workplace. Therefore, the position of a...
Introduction General Motors and Zero Foxtrot are among the leading manufacturing companies in the United States. General Motors majorly engages in the production of automobiles under four different brands, including GMC, Cadillac, Buick and Chevrolet. On the hand, Zero Foxtrot specializes in producing unique vintage military fashion. General Motors sell...
Four Good Corporate Governance Practices and the Importance of Good Governance for a Large Private Company Good Corporate Governance Practices Having met with Focus Logistics Limited’s top management, it is clear that they wish to expand and that requires capital which they intend to obtain from prospective investors. However, to...
The crucial advantage of providing an individual piece-rate pay plan to the furniture builders at Metropolitan Furniture is boosting productivity and offering an incentive to work harder to build furniture pieces. Applegate (n.d.) states that individual remuneration is focused only on personal achievement rather than team performance. This rate pay...
Corporate Culture There are several recommendations that can be given to the Amazon HR strategy. They include the implementation of modern HR management models, mutuality, gratitude, open communication, support, and strong corporate culture. First of all, it is the application of the critical model of employment relationships. Mason (Macke &...
There are various advantages to improving the work experience, such as increased profitability and a stronger position in the marketplace. It is no longer enough to have motivated and pleased personnel in a global business climate. Even if an individual is satisfied with their job, this may not necessarily translate...
Introduction People who had been convicted and were interested in finding work were the driving force behind the beginning of the movement to Ban the Box. Despite their prior convictions, the campaign’s goal was to provide formerly incarcerated individuals with access to employment opportunities within the state. Employers are not...
Organization’s Overview The Lufthansa Group is one of the largest global aviation companies, and it is one of the leading aviation companies in the European market. The company has 105,290 employees globally, and in 2021 it generated revenue amounting to 16,811 million euros (Lufthansa Group, n.d.). The Lufthansa Group is...
Adidas is a German company that focuses on the design, manufacturing, marketing, and selling of sports clothing, shoes, and accessories. Due to its technological innovations, sustainable products, and customer loyalty, this multinational corporation belongs to the Prime Ionology quadrant. First of all, Adidas offers timeless goods that are recognizable worldwide,...
Introduction Conflicts are inevitable in the workplace, and it is critical to perceive them as an integral part of work. Disagreements arise when individuals have opposing interests, beliefs, personalities, and ideas. Conflicts in the workplace differ in magnitude and impact as they develop due to varied reasons. Therefore, organizational management...
Introduction Curve is a young British company that gained success quickly due to its innovative idea. It is a banking platform aiming to merge different card and bank accounts into one card and store it in one application. The company was founded by Shachar Bialick in 2015 and became popular...
Brief History of the Company The first version of Twitter was used inside Odeo for correspondence between employees. On March 21, 2006, Jack Dorsey posted the first tweet: “just setting up my twttr” (MacArthur, 2020). From the very beginning, the name of the project was chosen – Twitter. However, at...
Having an employee with signs of vindictiveness and manipulative traits in the workplace is a major challenge for any organization. In the case under analysis, the employee who displays the identified negative attitudes might not seem as trustworthy when stating that another employee has breached corporate ethics. The specified accusation...
Employee motivation is explained as the degree of creativity, commitment, and energy workers put into their jobs. As an integral part of human resource management, employee motivation plays a significant role in directing people’s actions and behavior for a constructive vision (Paais & Pattiruhu, 2020). It is the inherent driving...
Impact of Internal Characteristics Any company’s external environment is considerably impacted by its internal characteristics, such as sustainability, organizational culture, enterprise resource planning (EPR), and multiple others. The sustainability indicator of an organization shows how successfully this or that organization is able to withstand external and internal factors. The higher...
Introduction JB Hi-Fi is a well-known software and computer shop in Australia, as well as a provider of taped video and music entertainment. It is a large corporation that plays an essential part in the Australian retail business, with both physical and online outlets. John Barbuto (JB) founded JB Hi-Fi...
Introduction Over the years, the United States government has enacted tax laws and regulations that govern the way businesses, individuals, and companies are taxed. Furthermore, these laws are not fixed, as they have been adjusted to suit the prevailing conditions over the years. Despite this, various loopholes still surface and...
Introduction As of 2020, Elon Musk’s company has become the best car company in revenue, sales growth, and capitalization. This fact means that cars starting with Model 3 have become more popular and safer for all road users. Whether or not people are fans of Tesla, they must admit that...
Introduction The complexity of modern organizations makes it almost impossible to combine in one person a head who is a specialist in a certain field and a supervisory manager. The head, being a formal leader, stands at the head of the organizational pyramid and carries out activities to achieve the...
Introduction Businesses have incorporated human resource management in their daily operations to ensure they meet their objectives and remain committed to their mission and vision. Enough labor supply eliminates the exploitation of the current labor force by providing that each person in an organization understands their responsibilities in the market....
Food is not merely a source of energy and sustenance for the body anymore. It has evolved into a formidable and competitive consumer niche in recent years. According to research conducted in the United States in 2019, more than half of customers consider themselves “foodies” (Carmely, 2021). More than 60%...
SWOT Analysis Strengths: It has a strong base of reliable sources of raw materials, enabling it to overcome any supply chain obstacles. Boeing has a pretty strong track record of completing future programs and generating a high value of financial investment by establishing new income sources (Blank and Dorf, 2020)....
Executive Summary Apple is a US-based company operating in various states across the globe. One of the main markets for Apple’s products is China. The micro-environment of Apple shows that it has the financial strength, effective leadership, a powerful brand, and strong research and development team. The macro-environment shows that...
Introduction This report aims to analyze the success of Vodafone Qatar, one of the two telecom providers in Qatar. Since 2018, when the parent company of Vodafone in Europe sold its share to a government organization of Qatar named the Qatar Foundation, the company experienced a significant rise in profitability,...
Introduction In the short-term travel real estate market, there are a number of internationally renowned platforms that allow us to book hotels, apartments, and homes for tourists around the world. Among such companies, Airbnb (Airbnb, Inc.), which entered the market in 2007, when digital technology was significantly expanding its availability,...
Introduction This work will contain a story about the experience of working at Starbucks. This company will be shown from the inside in the dynamics dictated by the environment, large-scale decisions made by the management on the eve of global changes in the world, and the impact on the organizational...
Objective EarthWear Clothiers is expanding into the global market, and the risks associated with such a business strategy must be evaluated. It is Willis & Adams fiduciary responsibility to evaluate the internal and external factors with EarthWear Clothiers. This helps determine the audit plan and will ultimately advise on any...
The Aditya Birla Group is one of India’s three oldest multinational conglomerates headquartered in Mumbai, India. The conglomerate has operations in 24 countries and employs more than 120,000 people worldwide. Seth Shiv Narayan Birla founded the company in 1857 (Subramanian, 2010). The conglomerate companies produce viscose staple fiber, metals, cement,...
A flexible schedule is a work timetable in which an employee can choose a convenient beginning and end or length of the workday. Many employees’ efficiency does not depend on when they get to work, but often on their habits and lifestyles. “Larks” are known to be most energized in...
Sometimes it may seem hard to make the right decision in life, as the complexity of modern relationships and social roles rarely allows for an obvious, straightforward solution. Therefore, various tools should be utilized by every individual in order to understand the full picture and set priorities in the most...
