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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...
Background In modern conditions, society needs to adapt to a changing life. After the spread of the coronavirus pandemic, many businesses began to incur large losses due to a sharp decrease in the number of visitors. The solution to this problem was to focus on food delivery services, which are...
Strengths Weaknesses Brand loyalty. Customers recognize the brand among the competing streaming services and stick to using Netflix daily; Own production company. Besides leasing the rights to stream various shows and motion pictures, Netflix allocates nearly 35% of its costs to the production of original Netflix content; Leadership in the...
Introduction: Current IHRM strategy Due to a combination of its innovative approach and a string of coincidences lading to the increase in the role of online purchasing, Amazon has quickly risen to the top of the global economy. Since the company has been focusing on every aspect of its performance,...
Introduction The work of a large company resembles a complex mechanism, each link of which performs an essential function for further activities. Organizational dynamics is a significant aspect of the company’s operation, which contributes to an organization’s successful performance and development. The main principle is to improve the interaction of...
Introduction Modern technology and globalization, the transition of most economies to a market economy, and the prevalence of capitalism have changed business values. The number of competitors for each company is growing, and industries need to transform production and sales to remain competitive in the global marketplace. Several analytics and...
Abstract The recent study aims to examine the impact of leadership on employee outcomes during the COVID-19 pandemic. The study selected a sample of n= 50 top management employees from different public and private sector companies in different countries (non-UAE). The research utilized questionnaires to collect data from these individuals....
Introduction Starting from the mid-1960s, the U.S. government implemented several important measures which helped the American rail freight industry recover from the crisis. As a result, the industry doubled the revenue ton-miles (RTM) between 1966 and 2008, despite the sharp reduction in track-miles, freight car fleets, and staff members (Martland,...
Many workers are convinced that after completing an entire course of vaccinations, they no longer need to wear masks in the workplace. However, others believe that complete vaccination does not guarantee the absolute protection and, therefore, requires continued wearing of masks. From my point of view, this position seems to...
Introduction The United States of America is among the countries with the most developed social protection systems of the population. Federal programs allow disabled people and other categories of citizens to apply for a whole list of benefits and subsidies that make it possible to simplify everyday life. In order...
Amazon has reduced paid leave for their employees in the U.S. who have contracted Covid-19 or need ten days to forty hours of quarantine. One of the biggest private employers cut paid leave by following the new guidelines of the Centers for Disease Control (Kim). I have several perspectives on...
Introduction Any leader must possess the ability to give constructive and effective feedback. This is a skill that team leaders and mentors develop throughout the course of their careers. Giving feedback is critical for effective information exchange among teams and groups. It has a favorable impact on communication, team member...
Successfully coordinating and supervising the activities of multiple employees is a task that requires a certain set of skills regardless of specialization. In addition to technical and communication abilities, managers need conceptual skills that utilize abstract thinking and analytic skills that properly identify problems and the best solutions (Pride et...
A high-performing workforce is one of the essentials for a company’s success. An organization can be characterized by its organizational strategy and HR (human resource) and staffing strategy. The mentioned strategies unite in staffing policies and programs, which are supposed to plan labor demand and analyze diverse groups of employees....
Transformational leadership presents motivation and encouragement of employees to create changes that might result in future company advancement. The majority of leaders fail to gain clear communication with their followers, coach them to succeed, or motivate them to achieve excellent performance. However, the psychological rewards of transformational leadership inspire workers...
Traditional HR management activities include recruitment of employees and talent selection, training of graduates, compensation and benefits, retention of valuable human resources, evaluation, promotion, and dealing with labor-management relations. Nowadays, the work of human resource personnel includes more additional activities to meet the needs of modern organizations and companies. Coping...
Summary of The Article The article “Impact of Authoritative and Laissez-Faire Leadership on Thriving at Work: The Moderating Role of Conscientiousness” was selected to study this type of leadership. It examines the main differences between the authoritarian and most democratic approaches to leadership in an organization. This study shows that...
Comprehension is a vital element of any learning and, therefore, must continually be assessed. Self-assessment can differ in form, purpose, content, but it is always aimed at determining the understanding of the material. Self-control is one of the elements of self-esteem, and self-efficacy is its consequence; a strong connection between...
Effective teams meet the goals within a very short time and face few challenges compared to dysfunctional ones. I once worked in a team that was effective due to members’ cooperation, thus achieving the objectives set. The team’s task was to find ways to help attain employees’ welfare by introducing...
The traditional perspectives on leadership are based on various theories. They have advantages and disadvantages; however, some of them are more appropriate for different organizations. One such theory is a transformational leadership theory, which is evident to a certain extent in the organization under discussion – a commercial bank. Transformational...
Introduction In the contemporary world, the role of a leader is considered to be vital. It is possible to notice that in the healthcare area, such factors as emotional intelligence and transformational leadership behaviors are essential for successfully managing organizations and nurses. This essay will examine formal leadership theories and...
Marketing Market Segmentation Internationally, Canada can be identified as one of the global business-oriented companies that heavily rely on railway transportations to enhance its economical, and commercial performance. This factor can be explained by the country’s size, landscape, and the nature of some of its most profitable businesses, such as...
Foreword Social media have drastically affected employer-employee relationships by providing employers with an effective and simple-to-use surveillance tool. Jacobson and Gruzd (2020) defined such use of social media as cyber vetting: a process of screening potential or active employees’ social media in order to analyze their digital footprint. Therefore, social...
The catering business involves the provision of food at social gatherings. If properly utilized, catering businesses can generate a considerable amount of revenue. Three central business enterprises include catering principles within their business models. These include; hotel banquet and event operations, mobile dining operations, and offsite catering companies. Each of...
Introduction Modern companies and organizations face challenges and problems constantly throughout their existence and have to deal with obstacles that have never appeared before. In the era of capitalism and consumerism, corporations as fast as never make great profits and expand their sphere of influence all over the world. Quantity...
Introduction The global economy is heavily dominated by the private sector, which plays an upper hand in revenue generation and management. Competition is high among national and international rivals, which has seen markets flood with high-quality products and services (Mion and Loza, 2019, p. 4612). Over the years, investors pumped...
Introduction Ethics are moral principles that guide an individual in conducting themselves or the manner of executing an activity. An ethics program is a set of values and principles that steer policies in an organization. Ethical managerial leaders and their employees take the right path in making decisions ethically. My...
Performance management has become an inseparable part of modern governmental activity. Government managers tend to collect performance information in order to improve governance. However, aspects that provoke the use of performance information are not studied sufficiently, and hence it may be necessary to determine the correlation between the use of...
The Budgeting Table Equipment Estimated Cost in USD Food Truck + Equipment & Wrap 93500 Website 1900 Permits and Licenses 500 Register / POS 1000 Facebook / Twitter 0 Initial Product Inventory 1800 Fire Extinguisher 400 Smallwares 2200 Misc. Expenses 2000 Paper Products 300 Uniforms / T-Shirts 280 Total 103880...
The Tuckman and Jensen model of small group development is a powerful yet straightforward model that consists of five stages of development. Borrowing from Tuckman and Jensen, Fulk et al. (2011) show that future work is prepared when teams come together at the first stage, forming. Here, members are introduced...
There are many mobile marketing tactics to apply in the business. However, the success of a strategy is determined by factors such as budget, industry, customer segment. Concerning a local book, comic, and video store, the financial resources are limited; the target audience is youth between 13 and 30, with...
Culture plays a crucial role in a non-native environment. The development will be positively impacted if one considers it in marketing and routine operations. When establishing and marketing an office in a new country, a banking organization cannot underestimate the role of culture. For example, the population may not trust...
Big brands use nostalgia in their marketing campaigns and even incorporate it into their strategy. This is how companies attract different generations and establish an emotional connection with them. Nostalgic marketing works because it gives the promoted product an emotional value. Brands that have been on the market for a...
Introduction Competition in a market filled with offers is fierce for both new players and successful companies with significant experience and recognition around the world. As domestic companies enter the global market, the distribution of power changes, and the level of competition increases. In market conditions, when the external environment...
Competitive Advantage and Marketing Strategies Today’s rapidly developing business world sets a variety of challenges and opportunities for companies that seek to become competitive in the market. A competitive advantage can be defined as an attribute that allows a company to outperform its competitors by providing customers with greater value...
For the year 2016, the current ratios for Coke and Pepsi are 1.28 and 1.25, respectively. Similarly, for 2017 the current ratios for Coke and Pepsi are 1.34 and 1.51, respectively. The ideal current ratio is 2:1. For 2016, the quick ratios for Coke and Pepsi are 0.98 and 1.08,...
Background Information Topic or Issues for Investigation The SARS-CoV-2 (COVID-19) pandemic has impacted not only lives and livelihoods globally but also customer experiences and business models. It was the worst global recession since World War II, with the world economy contracting by 3.5% in 2020 (International Monetary Fund, 2021). Available...
Introduction The impact of a company’s operations on the environment and communities has become a topic of discussion in recent years. According to Cui and Fan (2020, p. 1), ‘businesses are taking social responsibility more seriously.’ This is happening because buyers have become more conscious, paying more attention to the...
Complex project management involves analyzing complex profiles of a project, determining the complexity, and examining management approaches that can be used to manage the complexity. Throughout the module, we have learned different topics involving project management. This report covers the importance of readings assigned in complex project management, the relationships...
Business literature often emphasizes the significant role of teams in constructing a successful company. Effective teams consist of people who share a common vision and values regarding their professional development within a business structure. A leader should be able to manage teams and make them cooperate with the goals of...
Abstract The paper below discusses several key concepts related to sustainable development that were studied during the course. The concepts examined include the importance of institutional transparency, clean water availability, adaptive capacity to climate hazards, and responsible use of natural resources. They also include the importance of universal well-being and...
Generation Y is united not only because of its members’ age but also because of their experience of a severe financial crisis and the beginning of the technological advance. They are more familiar with the technology than their predecessors and feel somewhat comfortable in the modern world. However, as it...
Interdependent Workplace Systems Interdependence in the workplace denotes a core conception in organizational design, nonetheless one that has been constantly understudied. Prevailing concepts of interdependence are based on seminal works, shaped at a time when management’s near-perfect comprehension of the work task at hand drives the organization’s design process. A...
Introduction Talent management is recruiting and retaining high-performing employees whereby the work environment is satisfying for employees. It determines the potential of future employees and those already working for the company. One of the most critical factors in talent management is assessment. In order to make a correct assessment of...
Introduction The food industry is essential for every nation, which explains the presence of many quality standards that are used to govern this sphere. Various restaurants, cafes, coffee shops and others typically do their best to provide their customers with adequate service and products. However, it is necessary to mention...
Employees are the greatest assets to any business firm as they bear the knowledge and practical skills necessary for its success. Nectar Restaurant is one of the most significant premises offering everyday meals and unmatched services. The waitress works harmoniously towards achieving the set goals of the restaurant and producing...
Anti-competitive practices presume violation of competition norms by monopolies by seizing a dominant position in the market, which allows restricting access to it by other producers, dictating prices, and other conditions of commercial activity. They usually include such activities as price-fixing, boycotts, and exclusive contracts for complete transactions. Anti-competitive practices...
Due to the world pandemic and technological advancements, business structures are experiencing transformations and following new trends. The most visible changes are related to e-commerce and digital marketing. Now business entities spend more on social media to advertise their products and services. It is easier to attract more customers by...
Location planning is a theory according to which private, and public companies choose places to organize themselves. Thus, it aims at helping to select the best place to increase profits and potential clients or customers. Moreover, a central place theory claims that business units are not uniformly located, meaning that...
Introduction Tesco plc is one of the largest retail chains in the UK. However, the company is multinational, with subsidiaries and investments all over the world. The attractiveness of stocks to investors is always a multi-criteria and complex issue, even when it comes to market leaders. Retail is filled with...
Introduction. Background Date: October 2010 Sephora, a cosmetics retailer, found in 1969 as a single perfume shop, in 1999 expanded to an online multi-brand store. Situation: requesting additional funding for the new online marketing strategy Decision leader: Julia Bornstein, (senior Vice President, Sephora Direct) Decision Dilemma for Leader in Case...
Nordstrom approaches development around the client experience and is known to be one of the best companies in customer service. While Nordstrom might be known generally for its stores, today, that public store framework and its partners address a staggeringly significant benefit that can be utilized to serve clients anyway...
4 Marketing Ps Wizz Air is one of the largest European airline companies in the growing and turbulent low-cost airway market. It focuses primarily on building its expansions by saving any possible costs, as many customers prefer the low prices and speed to high-quality airlines if it means saving money....
Introduction Human Resource Management is recognized as one of the most complicated and important areas of organizational planning. Multiple otherwise successful companies struggle with establishing the proper chain of command, recruitment mechanisms, and talent management practices for their organizations. The challenges associated with the area scale exponentially when applied to...
Introduction The sphere of in-home childcare encompasses a variety of responsibilities, including day home care, nutrition, education, and pastime with children who have working parents. For this reason, in order to provide holistic care to the children, the daycare organization should include professional caregivers, after-school assistants, a registered nurse, and...
Columbia Sportswear Company is one of the largest manufacturers of outdoor apparel, footwear, and equipment which simultaneously has openly stated its commitment to sustainability, which makes it relevant for comparing with Patagonia. Columbia, despite being a well-established brand in the outdoor fashion industry, still recognizes its social responsibility in many...
It seems reasonable to state that QuikTrip (QT) has developed a significant approach in terms of its working environment. According to the materials of the case, the company pays much attention to the employees’ satisfaction with their workplace. This policy brings visible benefits for QT, given the high ranking in...
Introduction Program management is a function of the organization that supervises several projects linked together by a collaborative organization goal. The project management office provides the stakeholders with more information about the project. Programs consist of several projects that the program manager manages. Program managers oversee the programs by maintaining...
Introduction Company Overview Nam.R was founded in 2017 with the goal of contributing to the global warming battle. Through the collection of geolocated contextual data, the start-up developed a technological solution that aided in the management of building energy and environmental performance (“namR, contextual geolocated data producer”, n.d.). Grégory Labrousse,...
Executive summary Amazon is a globally renowned and the most successful e-commerce retailer. The Seattle-based company was founded in 1994 and commenced operating as an online repository for books and continuously expanded to furniture, electronics, software, apparel, and jewelry. Amazon uses a hybrid money-making model, with some of its incomes...
Introduction Strategic networks are companies within an industry with more strategic relationships than companies in the same sector. Competitive competition can exist in product marketplaces, where enterprises compete for economic surplus and customers that sales of goods and services to these customers might provide (Prieto‐Sandoval et al., 2019). The primary...
Introduction A company aiming to achieve business success should pay significant attention to such features as job analysis and descriptions. Job design is an imperative tool for successful company development, and to create occupations that will be useful for both the corporation and its employees, a job analysis for the...
Cybervetting is an element of the technological panopticon – a feature that allows employers to collect information about the online presence of potential and working employees. Cybervetting can help verify information that a recruit offers to the company. It also shows how employees engage with others and whether they express...
Virtual teams have become an essential part of modern business processes in the current age, promoting distanced social interaction across the world. Distinct guidelines are used to define teamwork in the digital environment (Morrison-Smith & Ruiz, 2020). Contemporary management advice suggests that efficiency in virtual teams is considered accomplished when...
First and foremost, the article by Rowe (2018), entitled “What value-added lessons learned to provide to project management,” was written critically while implementing some other companies’ advertisements. At the very beginning, the author gave an overall image of common people’s attitude to a project manager, their importance, and the quality...
Introduction Al- Juneidy dairy is the leading factory for the production of dairy and food products in Palestine. One of the leading dairy products being produced by the company is fresh milk (“Al Juneidi Dairy,” 2021). At the factory, the process begins with collecting raw milk from farmers and suppliers...
Internal and External Factors Affecting HRM The internal factors affecting HRM include employee relations, operational strategies, financial strategies, and corporate objectives. Regarding the operational plan, introducing new IT and other systems within the Google, Dubai Company may force new personnel recruitment (Torrington et al., 2020). Poor employee relations may cause...
One product that IBM could outsource is its Technology Support Services product. It is a package that has a range of services aimed at tech support, preventive maintenance, and analytics. The elements include hardware and software support services to various extents, with some automated features (IBM, 2021). This would be...
Introduction The selected product is Pedigree Professional Active Adult Dog Food, which is designed for large breeds with more active lifestyles, such as German shepherds. The choice was made due to the personal history of owning such a breed. The financial concerns about dog foods are the highest with larger...
To help a product gain traction in the target market setting, one must deploy a proper marketing strategy and create a sustainable marketing mix framework. Thus, a competitive advantage of the product will become more obvious. There is a distinctive connection between the marketing mix and a marketing strategy; namely,...
When managing human resources (HR) at an organization, HR managers must comply with accurate, legally feasible, and ethical policies. From the moment when an employee is recruited and throughout their career path in the organization, their performance, position changes, responsibilities, promotion, payment, and termination are guided by the HR policies....
Public Human resource management (PHRM) is a critical part of organization that is mandated with but not limited to staffing and the overall well-being of the staff members. PHRM can prove to be a crucial player in student welfare in public schools. For an excellent human resource sector in public...
Major Management Concepts Discussed The major management / leadership concepts discussed in the book X-teams, how to build teams that lead, innovate, and succeed by Ancona & Bresman, as defined by the Leadership Effective Inventory (LEI) competencies, include: External Awareness – Understands local, national, and international market situations, issues, trends,...
Introduction: Organisation, Sources, and Theoretical Approach Apple is an American-based technology company with its headquarters in Cupertino, California. Steve Jobs and Steve Wozniak founded the company in the mid-seventies as a computer electronics business with a vision to change the way people view computers (Hansen, 2019). This focus has since...
Major Management Concepts Discussed The major management/leadership concepts discussed in the book Difficult Conversations by Stone, Patton & Heen, as defined by the Leadership Effective Inventory (LEI) competencies, include: Interpersonal skills – being able to communicate with both individuals and groups, cooperating, sharing, and being respectful towards one another. The...
Overview of the Problem Quality of the door and window trims produced from a lumber is a top priority in the wood mill industry. As such, it is essential that The Woodmill Company places significant emphasis on quality. The company targets at purchasing the highest quality lumber to produce competitive...
Case Summary Leikessa Jones owns her own consulting business, and has several people working for her. Leikessa is currently designing a database management system for the personnel office of ToyTimeInc., a mid‐sized company that makes toys. Leikessa has involved ToyTimeInc management in the design process from the start of the...
A Form 10-K is a report filed by publicly traded companies annually about their financial performance according to the Securities Exchange (SEC) Act requirements. It usually contains more information than the organizations’ annual reports to shareholders. The information includes the company’s history, financial statements, subsidiaries, organizational structure, earnings per share,...
Charismatic leadership is better suited as a leadership style for modern-day organization due to its ability to facilitate more efficient emergency management, motivate groups, and provide more ethical solutions to potential challenges in comparison to other leadership styles, particularly autocratic leadership. Introduction As one thinks of Apple, the face of...
The defense industry is the place where people have no right to misalignments. Consequently, the company should have a strong and effective management team to achieve the planned goals with no right for mistake. As one of the largest in capitalization and biggest in the scale of operation companies, Lockheed...
Introduction The video clip focuses its attention on the role of emotional intelligence in leadership. Five fundamental aspects of emotional intelligence are identified, including self-awareness, self-regulation, motivation, empathy, and social skills (Goleman, 2016). As I studied the concepts of leadership before, I have heard about the importance of emotional intelligence...
Society needs leaders to unite it and work together towards a common goal. However, it is still debated whether true leaders are born or made. Leadership is an elusive notion, as different disciplines can offer a variety of definitions for it. For example, in management, a leader is a person...
Leadership skills are extremely valuable in the modern world, as they allow organizing effective teamwork. A person’s personal qualities, combined with special knowledge, help achieve a high level of influence. Within organizations, leadership is needed to create a shared vision, mission, and strategy which are supported by all employees. Such...
The concept of servant leadership implies that the leader serves the followers and the company or organization. The prime purpose of a servant leader is to prioritize employees’ needs and well-being. This leadership model presupposes that the leader’s personal values include empathy, altruism, honesty and trust. Some typical traits of...
Introduction Leaders guide and encourage people around them, and the importance of good leadership in a team cannot be overlooked. To be a leader is to be a person who is capable of communicating their ideas and solutions, to have exceeding intelligence or be a great problem solver is not...
Major Management Concepts Discussed The major management / leadership concepts discussed in the book “The Five Dysfunctions of a Team” by Patrick Lencioni, as defined by the Leadership Effective Inventory (LEI) competencies, include: Team Building – Inspires and promotes team commitment, spirit, and trust. Facilitates cooperation and encourages team members...
Blue Ocean Company Blue Ocean Company is a technology company offering a wide range of commodities to customers. Blue Ocean Company needs to find strategies to govern and help them retain its market position and remain afloat in the industry. Given the data collected in the report, the market forecast...
Why Heineken is developing a sustainable strategy for its sourcing operations The sustainability strategy for Heineken is called Brewing a Better World, and the critical part is sourcing locally. Through this, Heineken is supporting the sustainable development of agricultural supply globally. It depends on a supply chain that is responsible...
Introduction Ethical issues related to the pharmaceutical industry are often associated with dilemmas affecting the safety of people and the profit that companies in this field generate. Despite the commercial aspect of work, the pharmaceutical field is primarily aimed at helping the population, and any form of unfair activities applied...
There are two main ruling paradigms in business that are inside-out and outside-in. This essay discusses the benefits and limitations of the strategies regarding the implementation. The inside-out approach strongly believes that the inner strengths and capabilities of the business structure will make it successful. In contrast, the outside-in approach...
Case 13.3 from Northouse’s Leadership: Theory and Practice (2021) describes a scenario about David Jones, a manager in a large printing company. Jones contacts a professional employer organization (PEO) in preparation to buy or start a new company. Since his quota estimation requests to the PEO were preliminary, the organization...
To develop a frequency distribution, the data on each type of bread was distinguished from the others. Then, the maximum and minimum values for each type of bread were found – they were the minimal and maximal limits of the given variation (Japolli Bakery, 2021). Each Variation Range was divided...
