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The modern economic society is a rather complex environment, with rapidly developing global trade, and exponentially expanding markets for enterprises, their capital, as well as information, and technology. When it comes to business in the modern world, economic responsibility to society is still a critical factor in the successful development...
Work ethics is a functional element of workplace management in the contemporary employment context. In general, work ethic might be defined as a set of beliefs and principles followed by employees who consider that continuous engagement in hard labor inevitably leads to better outcomes. In other words, the more one...
Wells Fargo is one of the vast retail banking firms known for its remarkable reputation, especially exemplary management and service provision. Undoubtedly, the bank remains one of the most stable entities in the U.S. The organization’s outstanding success is based on a commercial and social model that blends strong client...
P&G Case P&G continues to be the leader in sales of household chemicals and cosmetics for body and health care, including baby, home, and fabric care products. P&G relies heavily on large retailer stores, with Walmart responsible for 15% of the revenues (Datar et al., 2020). Smaller, local stores are...
Summary Nike is an American multinational corporation incorporated in Oregon in 1967 dealing with apparel, footwear, and other training and sportswear products. Nike’s international markets accounted for 61 percent of sales, while sales in the domestic market accounted for 39 percent in the fiscal year 2021 (Nike, 2022). Among its...
Evidence shows that gender diversity is one of the aspects of corporate behavior that improves performance and leads to positive outcomes for businesses that engage in such practices. According to the second speaker, diversity does not seem to be helpful on corporate boards because the notion is separate from the...
Gaining valuable experience during my professional career allowed me to explore the fundamentals of entrepreneurship and innovation management more broadly and assess a wide range of opportunities that these areas offer. In addition, through participation in the program on the specifics of international business, I got acquainted with many modern...
Abstract Equal Employment Opportunity is a principle according to which everybody has the right to advance in their workplace, regardless of various individual characteristics. However, many institutions and employers undergo litigation processes on the grounds of discriminatory or abusive treatment. By investigating the critical points of Equal Employment Opportunity, the...
Patagonia’s social compliance program has made the company an attractive place to work. To begin with, Patagonia is an organization that cares for a healthy environment in the working teams. For example, the company has organized unconventional meetings in locations like mountains to make its employees closer and create a...
Introduction Religion is a powerful aspect of a person’s life since it affects people’s views on life, their purpose in this world, and the individuals and ideas around them. It would be natural to assume that while studying and discussing workplace behavior, questions regarding religion would arise. However, this subject...
Introduction The staff in an organization plays a fundamental role in the success of any corporation. For the staff to achieve this, they are purposed to be willing and apt in undertaking the organization’s duties to realize maximum productivity. Therefore, the organization’s human resources are obliged to consider these workers’...
BMW, also known as BMW AG or BMW Group, is a publicly-traded company that specializes in manufacturing vehicles. The company utilizes a broad social responsibility program that focuses on reducing the environmental impact of manufacturing processes and increasing the quality of life for BMW associates and society (BMW Group, n.d.)....
The knowledge of leadership models and the role of culture helps raise the effectiveness of organizational changes and improve the banks employees performance. Leading Change in an Organisation Without a doubt, leadership is an indispensable component of every companys performance, be it a commercial bank or a factory. The chosen...
The article defines various terms used in change management, including the different change types, methods, and enablers. They propose that every form of change should be aligned with a change method to establish its effect on transformation outcomes. By addressing the various change management and systematic change techniques, the researchers...
Introduction Integrated business planning (IBP) has become common among leading manufacturing companies across the globe. It is natural as IBP is beneficial for maximizing the company’s profits through a thorough analysis of strategic plans correlated with sales, resources, and capabilities (Bowersox, 2019). The planning also requires constant adjustments to the...
Welcome to the most innovative car dealership company in the country. First and foremost, the most significant quality that needs to be experiencing permanent growth is to have a strong interconnection between innovativeness and thoroughly developed instruction compliance (Pongpearchan 53). Being employed in “DeltaDealer” means cementing ambitious goals with realistic...
Introduction Walmart Inc., a major player in the retail industry, is always looking for opportunities to expand. However, this mindset puts significant pressure on top-level management. Philip Thomas, the Vice-President of Walmart’s Human Resources Department, is charged with the responsibility of drawing an organization-wide policy on employee sick leave. Due...
Annotated Bibliography Rolls, J. (2021). Self-Management: A 21st Century Panacea? Organization Development Journal, 67-80. This article evaluates all factors that influence leaders to adopt a self-management approach as a remedy to various challenges experienced by organizations. The author notes that the hierarchical organizational structure that traditionally dominated most businesses is...
Research Background and Purpose The background of the study involves analyzing the importance of digitalization in family-owned businesses. The research highlights that for businesses to spread and develop in today’s dynamic business environment, it must incorporate digital infrastructure. Through various research that study characteristics of different businesses, it has been...
Case Study The SWOT analysis is one of the most effective tools to determine the internal and external environment of the organization. The SWOT framework stands for strengths, weaknesses, opportunities, and threats (Benzaghta et al., 2021). The first factor identifies the most advantageous internal characteristics of the organization (Benzaghta et...
Executive Summary Childnet is a non-profit organization that has ensured that it improves the lives of many children and young people. Many children have also suffered abuse, abandonment, and neglect in their community. Consequently, these programs have been introduced to allow other individuals to take care of such children. There...
Introduction Apple brand is among the top-ranked, most recognizable, and valuable brands globally. Since the recognition of the brand has a close relationship with the brand value, the vast product ecosystem has dramatically supported the Apple brand. Additionally, for a long time, Apple has had a reputation for designing and...
Introduction Identifying, analyzing, and assessing the strategies that managers may employ to improve the firm’s performance lies in the core of the strategic management. The fight for competitive advantage is a constant throughout this process, especially when the sector is considered saturated. From the standpoint of long-term organizational goals, said...
Amazon is one of the most well-known and profitable companies in the world. Today, few people have not heard of Amazon or used the firm at least once, as the range of products and various services it provides is constantly growing. This post aims to describe the company, its mission...
Introduction The present report aims at analyzing operations of the current location of Wild Dog Coffee Company to refine the demand management strategy for a new location. First, the report assesses the impact of advertising on demand using a linear regression model. Second, the report evaluates two approaches to inventory...
Building a sustainable development model requires a careful assessment of the conditions that affect the operational process and market success. By using the Coca-Cola Company as an example of a global business, the key segments of the general environment and the main forces of competition will be reviewed. Strengths, weaknesses,...
Introduction Strategic change management – is a vital part of an organization’s profile that instills growth and development. There is no strategy without a structure. Planning is a key part, yet without action, it remains pointless. Strategy Change Cycle The strategy change cycle (SCC) – is a strategic management process...
The later racial equality comes, the further the world will be from racial justice, and the stronger the racial anger will be. Racial injustice in the United States attracts particular attention, as well as criticism, both within the United States of America and outside of this country. Newly elected US...
Introduction The human resources (HR) manager is responsible for staffing: searching and selecting people who are fit to become a company’s new employees. Thus, they create a strategy for staffing and search employees based on it. In addition, HRs manage existing company’s human resources, for example, the employee’s benefit-providing systems....
Managers and administrators play an influential role in the activity of any company, as they contribute to its smooth functioning and achievement of goals. What are the prerequisites for being successful workers in a business? Such employees should master specific skills and competencies concerning business management and administration. On the...
Although there are many debated styles of leadership, such as autocratic democratic, transactional, transformational, and affiliative among others, there is no definitive answer on which one is the best one universally. The paper will narrow down the research and discuss whether it is better for the leader to manage the...
The chosen article describes the record-breaking decline of Meta Platforms shares. Meta is one of the biggest technology conglomerates in the world, which encompasses some of the most popular social media platforms, such as Facebook, Instagram, and WhatsApp. Due to the 26.02% plunge, the company experienced a loss of $200...
Total Quality Management Total quality management (TQM) mainly describes a management tool for a customer-oriented institution that involves all workers in continuous improvement. In general, it utilizes data, strategy, and effective communications to integrate quality discipline into the activities and culture of an organization. TQM offers the quality assurance that...
Everyone always speaks about professionalism – but it seems that not many people would be able to define the term if asked to do it. Simply put, professionalism is an individual’s conduct in a work environment that represents both them and their organization in a positive light. According to Brooks...
The Sloan Valve company needed to overcome the difficulties in their product’s development process as it was complex (more than 16 distinct functional groups) and slow. They used to spend about 18-24 months on the development of a new product. The company’s screening process for product development was problematic, leading...
How has the COVID-19 pandemic reshaped competition? As businesses and sectors prepare for life after the COVID-19 pandemic, one of the most difficult jobs will be determining a new set of objectives. Coping and keeping up with the ever-changing scenario have taken precedence during this crisis. However, as the hold...
Leadership is both the specific skill and mindset, enabling one to lead people to obtain goals. The mindset includes evaluating oneself and finding the leadership style that fits the most. Then, it should be practiced to see how it can solve people’s problems and how one can actually lead people...
Types of Employee Teams Teams are cross-functional, as they consist of specialists from different areas. These professionals work and communicate with each other to achieve specific goals. The described team management suggests that even though each team has one manager, these teams can sometimes be called self-managed or self-directed. Team...
Introduction Globalization has made the globe more competitive and driven it to compete for survival for finite human and financial capital resources. In this complex biosphere of interconnection, each establishment’s order to combine active learning with its architecture is crucial to its performance. Thus, organizational learning can be viewed as...
Introduction Lululemon, an athletic wear brand aimed at people who live active lives, has significant roots in the yoga community. It is one of the few companies that sells clothing for this niche and was founded by Denis “Chip” Wilson in 1998. Lululemon’s objective was to promote a healthy and...
Unethical behavior is typical of many businesses, and as a rule, such a problem leads to huge losses not only financially but also reputationally. Several examples from the video game development industry demonstrate the difficulties of unethical behavior within the company and also indicate the practical need to prevent such...
The podcast “PMPEncore197: 10 Tips for New Assistant Principals” by William Parker, accessed through the address, provides tips for aspiring and new assistant principals to offer excellent leadership. Teachers willing to advance to administrative roles can rely on various tips and resources to remain successful. In addition, the podcast provides...
Employee Perspective Analyzing the topics presented on the Employee Benefit Research Institute’s website (EBRI), I can emphasize that Medicare at the workplace, pension and compensations, and quality of work are the ones that are crucial for me as an employee. As far as many publications are devoted to the surveys...
Efficient, advanced, and accessible healthcare is one of the essential pillars of any modern society. All the more important is the fact that according to Kumar et al., in all developed nations medical expenditures grow at a rate exceeding GDP growth (z Gowen et al., 2012, p. 134). As a...
Major Facts Great Lake Pleasure Boats (GLPB) offered a contract worth $10,000,000 per year to CJ Industries (CJI). The contract will commence in nine months, requiring CJI to provide GLPB with engine components suitable for its luxury boats (Wisner, 2016). The contract’s importance for CJI cannot be overstated since interactions...
Agenda The presentation aims at discussing some of the common issues relating to compensation packages. An analysis of compensation packages of the leaders of three publicly traded companies in the US gives insight into the widening gap between the leaders and other employees. The presentation is divided into different sections...
Quality improvement has been a problem for many companies. Thus, many have struggled to keep up with the existing markets and customers, hence failing. This is because, by providing goods that are not of quality, it becomes costly for companies since they have to redo the work. When a company...
Introduction Despite the intention to create a friendly environment in companies, predicting all conflicts is not always possible. Leaders and managers have to make spontaneous decisions, analyze situations, and listen to all employees to consider all standpoints and opinions. In this case, an organization experiences conflict based on racial, cultural,...
It seems that it has never been tougher to navigate a work-life than it currently is. The COVID-19 global pandemic has resulted in the extensive promotion of a so-called “stay at home” policy, which was bound to reduce the burden on national healthcare systems and the economy (Anderson, Heesterbeek, Klinkenberg,...
Valero Energy Corporation (VLO) VLO is a multinational marketer and manufacturer of transportation fuels as well as petrochemical products. The departments in the company are renewable diesel, refining, and ethanol. The renewable diesel department is responsible for selling renewable diesel to the refining department. The refining department comprises petroleum refineries,...
The legal side of this situation is founded on the general understanding of tort reform, which translates to any wrongful act by an organization, either negligently or willfully. Based on the understanding, every potential damage or injury can be grounds where a civil lawsuit can be brought (Saladoff et al.)....
Database marketing is a form of direct marketing focused on using statistical methods for analyzing consumer behavior, which underlie the choice of contacts for the implementation of advertising communication. Using mathematical data modeling, consumer behavior models are developed that enable a company to allocate marketing resources efficiently. Database marketing assumes...
The cornerstone of successful marketing is an appropriate strategy that not solely enables meeting a maximum of customers’ needs as a one-time occasion, but promotes further collaboration. For this, it is essential to have a clear view of the preferences, values, and wishes of the target audience as well as...
Pricing Strategy Chocolate Bliss’s flavored truffles’ pricing strategy is affected by competitor pricing. Since Ghirardelli Gourmet truffles are aimed at the same premium segment, price plays an important part in how the products are viewed. There are two purposes to a price – to represent the quality of the product...
The goal of the Google Merchandise store is to tell the products listed on its website. Therefore, the most significant metrics would be conversion rate, transactions completed, and revenue earned from each channel or medium. The best performing mediums are organic searches, direct site visits, referrals, and Google’s cost-per-click (CPC)...
Introduction ExxonMobil is a vast corporation specializing in oil, natural gas, and chemical production. ExxonMobil has many subsidiaries under its control that benefit from it every year. Subsidiaries of the company have vast geography: Belgium, Hong Kong, Italy, Egypt, Kazakhstan, Brazil, and many other countries (Pickl, 2019). Professionals must always...
Introduction: Force Field Analysis The company selected for the proposal is BMW AG. It has always been known as one of the leaders of the machine-building industry. The brand has its own unique reputation and has always been associated with the recognizable and attractive style peculiar to its vehicles (BMW...
Since its establishment in 1997, Netflix has been one of the most influential change leaders globally. It has made significant changes to accomplish the goal of providing online entertainment content to customers. Numerous changes have occurred as online content has evolved from providing movies through mailed DVDs. They changed from...
Abstract This analysis has been done on the demographic, behavioural, psychographic, and geographic segmentation factors. Demographic factors The intention to purchase has constantly been associated with consumer attitude, behaviour, and expectations. In viewing and assessing a particular product, purchasing power is central. The major demographic factors likely to affect the...
Questions and Strategies Each of the research articles that will be selected for the dissertation is to be examined with the help of the following questions: What are the main ideas and arguments of the authors? What are the theories and models that were used to develop the hypotheses? Why...
Summary The essay is devoted to the analytical method of evaluative prediction in business, economics, and other fields of application. Chapters from a textbook devoted to the basic principles of forecasting are used, as well as scientific articles on the basis of which the advantages and disadvantages of the given...
NBA Overview The National Basketball League is an organization operating in the sports field, with a focus on basketball. They sponsor and manage a number of basketball teams, promote media coverage and organize events throughout the US. While a portion of the staff manages the actions of basketball athletes, their...
Overview of Amazon Company Amazon.com, Inc. is an international technology company that provides digital streaming, e-commerce, cloud computing, and artificial intelligence services. The company operates in over 100 countries and has been termed one of the most economically influential forces (Amazon, 2018). The founders of this multi-scale firm were Jeff...
Introduction According to this SWOT analysis, Apple Inc. can leverage its internal and external strengths to overcome its organizational weaknesses. It is also possible to use these talents to develop its distribution network for consumer goods. New technology product lines have been developed thanks to their reputation and speedy invention...
Abstract Globalization and constant progress in the technological field are the factors that contribute to the growth of many companies’ commercial potential, which are active in the market. On the example of the Coca-Cola Corporation, the relevant achievements of the enterprise will be considered through the prism of industrial organizational...
Operations management is one of the key areas in both small and large enterprises, which determines the success of a company to a considerable extent. Essentially, operations management constitutes the capacity of a business to efficiently convert its resources such as raw materials, employees, and production facilities into viable products...
Abstract The following paper examines the interconnection between customer service, customer satisfaction, organizational efficiency, and employee commitment. A critical review of academic literature surrounding the subject of customer service and satisfaction has demonstrated that there is a link between the two concepts. The paper investigated the positive relationship between profitability...
Introduction Mission and vision are integral components of strategic management that outline what the company means to achieve and how it intends to achieve it. As such, they can be crucial when a company undergoes organizational change, be it that merger, acquisition, growth, or decline. Microsoft’s recent acquisition of CloudKnox...
To consider the features of the range and depth of work, such a job position as a business associate for Primerica is taken as an example. Regarding the range of the job, Ivancevich et al. (2018) define it as the number of operations an employee performs to complete a task....
The toxicity of tobacco products and their impact on individuals’ health has always been a salient topic of discussion. As an addictive substance that has been shown to cause numerous health problems, nicotine is considered a dangerous product. However, as multiple corporations are involved in the production and distribution of...
Selection in Human Resources is widely considered one of the most complex parts of the job. The necessity to be as objective and strategic as possible implies a sufficient degree of responsibility that is not easy to bear. Therefore, there have been multiple attempts recently to standardize the entire decision-making...
Any organization consists of separate individuals who compose its human resources. However large or small this organization might be, its key to prosperity and effectiveness always lies in the united effort of the people who work there; it depends on their strengths and weaknesses. Nevertheless, these powers of the workers...
The COVID 19 became a severe challenge for the whole world. The nature of the disease and numerous adverse effects associated with it, including the high risk of fatal outcomes, introduced the necessity to reconsider the work of organizations to protect their employees. This significant change created the basis for...
Employees play a significant role in ensuring the success and normal functioning of business activities. Discipline factors, such as time-keeping and work quality, are among the highly valued behaviors, to avoid interruptions and inconsistent business practices. The management of an organization is responsible for monitoring, controlling, and motivating workers as...
Introduction Operations management (OM) is a key process for every business since it aims at effective planning, supervision, and control of production processes and service delivery. According to Gardiner and Reefke (2019), it refers to managing “activities for creating, implementing, and improving processes that transform resource inputs, such as raw...
Introduction Choosing the right company to work for can elevate a person’s career. Thus, it is essential to evaluate a company before making a decision. Successful firms allow people to learn from exceptional coworkers, gaining invaluable experience from their jobs. An example of a great company to work for is...
Business ethics address issues related to social ethics and public policies. Businesses have a great influence on our daily lives today. The public policy perspective invites people to look back from normal business practices and ask themselves questions like how businesses should be structured (DesJardins, 2014, p. 15). The public...
Abstract This research analyzes whether ideology-oriented businesses operating businesses based upon moral standards like those proposed by free trade could survive in the market, especially with increased competition. By correctly examining the growth of the balance of trade over time, I prove that those organizations cannot thrive in full accordance...
The social responsibility of business is beginning to be actively and successfully implemented all over the world. Companies today are trying to solve society’s problems by investing in the development of medicine, science, production, supporting socially disadvantaged groups, and caring for the environment (Craft, 2018). At the same time, social...
Moral rules have been following a human within all the time, hanging above him and constantly reminding him what is right and what is wrong. The nature of a man is built interestingly; even though he knows what the right action is, he will always aim for self-benefit. Egoism is...
There is an extended number of business processes used by major and small companies to develop, increase their performance, and achieve higher success in the market. One such process is known as managerial accounting, and numerous companies consider it rather effective when applied at different levels of an organization. Overall,...
EDM Description Modern ethical decision-making is directly dependent on dozens of individual factors. They define the organization’s structure, its moral principles, and its capabilities (Casali & Perano, 2020). In particular, the aviation industry pays great attention to various aspects of recruiting people. Aviation is a serious and dangerous occupation; therefore,...
Company ethics is the study of proper business rules and procedures concerning potentially contentious topics such as financial regulation, market manipulation, corruption, prejudice, corporate social performance, and fiduciary obligations. Business ethics is frequently guided by the law, but it may also serve as a fundamental framework that firms might choose...
Competitive Rivalry Pizza Hut competes with Domino’s Pizza and Papa John’s, two other big international pizza businesses (Teoh, 2021). They are all involved in worldwide business, fast food franchises, dine-in, and delivery services, which puts them all in direct rivalry. Other pizza suppliers were squeezed due to the top three...
Apple is currently one of the most successful companies in its industry and overall, serving as an example of how to manage and market a business. However, achieving a high status would be impossible without a solid foundation manifested in certain ideas held by the CEO and other top personnel....
Introduction For a successful company to showcase its trajectory and give potential and existing investors an image of its performance, it needs to establish solid sales forecasts. Adidas America Inc is a sportswear and footwear manufacturer founded in 1949 and is based in Germany (Cadestin et al., 2021). In regards...
Culture portrays the attributes and lifestyles of people belonging to the same group or location. A marketing strategy defines the planning and strategy approved by a company to promote its varied products and services and deal with the increasing competition. Culture has a significant impact on marketing strategy because an...
Change is an integral element of global and local markets, and these markets are changing more and more dynamically in modern conditions. Today’s businesses, including large corporations and midsize and small companies, are doing everything they can to stay competitive, and this competitiveness requires change from time to time. These...
Advertising refers to a marketing message that hires an openly backed, non-personal memorandum to endorse or vend a product, facility, or knowledge. This essay aims at describing an argument on how marketing “makes or remakes” a client community. A “customer society” is a civilization in which buying and retailing properties...
Summary Apple Inc. is a prominent technological company headquartered in Cupertino, California. Initially started by Steve Jobs and Steve Wozniak, the corporation is now recognized worldwide for its emphasis on innovation and its wide variety of unique products, such as the iPhone, Mac, and iPad. The company’s market value has...
Introduction BERT is an analytical tool that helps investigate the context of user search requests. The method works on the principle of clarifying the content of a web document with a visitor’s query. In this case: the technique interacts with all the words used in the search command. In addition,...
Issue or Problem Consumer satisfaction has a significant role in any business because it gives business owners and organizations a metric through which they can employ to improve and manage their operations. Having been in operation for more than one hundred and thirty years, and with a differentiated product mix...
Services Services differ from products due to their intangible nature and the fact that services arise from the efforts made by a person. Products, on the other hand, are tangible and physically acquired goods that a customer pays for (Fjeldstad and Snow, 2018). An example of a good is a...
Introduction A foreign direct investment (FDI) refers to a sale of an interest in a corporation by another company or an investor normally situated outside its borders. It involves a company’s decision to obtain a substantial stake in a foreign nation and purchase it outright to expand its business to...
External recruiting is a process of a corporation seeking to fill an available job with someone who does not work for the company. External recruiting allows individuals to evaluate a larger pool of qualified applicants for the position they need to fill (Ahmed, 2019). Employment is a thriving business, with...
Factors that Contribute to Erroneous Beliefs about Affirmative Action The United States of America has a depressing history of discriminating against various groups’ equal opportunities and protections. However, the nation passed Title VII of the Civil Rights Act of 1964 to halt discrimination aimed at people of color, individuals of...
Order management is a process that helps companies to keep track of orders from clients and management steps involved to fulfill them. Researchers have realized that the process starts immediately after the customer places an order and that integration between departments is needed for it to be successful. The article...
I believe that overcoming the strongest fear gives the greatest resource. Only by leaving the comfort zone, I can change my life for the better and achieve my goals. Therefore, I like to try unfamiliar things, and tend to buy products that position themselves as related to the proactive approach...
Analyzing qualitative data allows companies to acquire information about consumer needs, as well as assess the impact of the market on purchase behavior. The collection of qualitative data is mainly carried out through surveys and interviews, which allow the identification of key aspects. Analysis of the collected information can be...
Introduction Employee recruitment is a fundamental yet highly complex process that forms the basis of a company’s overall productivity and quality of services. The primary goal of a recruiter is to pick the most fitting candidate for a given position. Although the complexity of a candidate pool creation, as well...
Introduction The COVID-19 pandemic has been characterized by restrictions on movement, lockdowns, closure of borders, and the adoption of social distancing policies by governments, worldwide. The adoption of these measures has limited operating hours for businesses and disrupted supply chain activities for companies and industries globally (Meegaswatta, 2021). Governments developed...
Introduction Tesla is a high-tech firm that designs, develops, manufactures, sells, and leases electric cars, energy-generating products, and related services. Tesla Company was founded in 2003 by American entrepreneurs as Tesla Motors and later transformed to Tesla Company when Elon Musk took over as the CEO. Their main goal is...
