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Starbucks utilizes a mix of protection components to accommodate the likely liabilities for specific dangers, including laborers’ remuneration, medical services benefits, general risk, property protection, and chief and officials’ responsibility protection. The protection components included a fully possessed hostage protection element and investment in a reinsurance arrangement. Liabilities related to...
A private company Smooth Sailing operates a cruise ship the purchase of which was financed with the help of nonrecourse debt. However, the presence of pirates has significantly increased in the area where Smooth Sailing cruises. As a result, the operating performance of the ship has considerably declined as well...
Ideally, improved effectiveness translates to scalable processes and supports faster growth of the organization’s revenue stream than its overhead costs. Implementing career coaching by the hiring manager has significantly improved effectiveness in the organization. Career coaching was not appreciated at all by the management at my place of work. The...
Judging a corporation’s performance can be challenging for managers. In the contemporary business world, there are many different aspects of a corporation that are crucial for success, but performance metrics are found to be a useful supplement (Smith & van der Heijden, 2017). For example, a company cannot solely base...
Most presenters often experience some challenges when presenting business forecasts. According to Cialdini (2016), the presenters may sometimes lack confidence due to the uncertainty experienced in making a business forecast. Ideally, different dynamics, mainly relating to supply and demand, in the business world control the marketplace. Unfortunately, it is difficult...
Despite numerous arguments supporting diversity and its benefits to organizations, some firms are still opposed to its adoption. McGuire (2014) explains resistance by arguing that it can take three forms. The first one is the political correctness of adopting diversity because people are often wary to adopt practices that exclude...
Introduction My idea is to create a coffee shop based exclusively on ecological methods of preparation and recycling. This will benefit the community and serve as additional publicity for the business as it relates to the current popular trends in the sustainability movement. To start my business, I need approximately...
In chapter 3, the most interesting segment was Hersey and Blanchard’s situational leadership approach, and it is stated that “the situational leadership posits that different situations call for different styles of leadership.” In other words, such a form of leadership style is adaptable to the circumstances in which a leader...
Introduction Etisalat Company is one of the leading network providers in United Arab Emirates headquartered in Abu Dhabi. The firm was once the preferred choice for customers looking for internet solutions. In the recent past, the firm has registered a consistent decline in the number of users of its services....
Social media management within a company is one of the most important aspects due to the great impact it has on the firm because of the great market available on the platforms. Uber and Ola are multi-national organizations in the transport sector that compete in the same market to acquire...
Working capital can be defined as the organization’s existing assets minus the current liabilities. The assets involve cash flow, short-term investments, accounts receivable, and inventories. Working capital management is a criterion critical to every organization in ensuring the firm is working proficiently. This is guaranteed when the one in charge...
Introduction Every business needs effective strategic planning to capitalize and add value to the organization. Ginter et al. (2018) admit that adjusting strategies to the changing external and internal conditions is sometimes necessary. This information means that a firm should rely on statistical data to achieve the most significant benefits...
Introduction Online retailing is a commercial enterprise where only the best firms thrive because of its ever-changing landscape. A company such as Amazon has proven to belong to the class of the best online retail business with its competitive advantages. Since its creation, Amazon has been at the top of...
SWOT analysis, SMART objectives, market segmentation, and strategic positioning have become necessary for business. I will reflect on how they positively affect personality and organization. From the professional point of view, I have benefitted the most from using the SMART objectives technique. It is more suitable for personal application than...
Introduction Strategic management is a vital organizational function that incorporates a detailed process of formulating and implementing plans and policies for achieving goals and objectives. The retail industry is influenced by several factors that may result in uncertainty, especially from a business’ macro-environment. Therefore, it is mandatory for managers to...
Competition in business is inevitable, and companies have to ensure that they develop strategies to help them gain a competitive advantage. For instance, companies have developed new marketing approaches, such as using social media to attract more clients and increase their market share. Additionally, aspects such as elasticity of demand...
LEGO’s Strategy and Key Characteristics of Strategic Management Strategic management has become one of the major frameworks for allocating resources in the way that benefits the company best in the long term. In relation to LEGO Group, which has experienced a period of crisis before focusing on advanced and innovative...
Introduction FUTURE LLC is a dropshipping business. The company sells 100 product lines. 15 products have the highest demand. The new season needs a new popular product. USB portable blenders can hit the records. Diet, weight loss, exercise, and a healthy lifestyle are popular topics. FUTURE LLC will invite bloggers...
Job satisfaction is paramount for improved employee performance and productivity. According to Bauer and Erdogan (2012), pay is assumed to be the most significant employee motivating factor. On the contrary, the authors argue that job design influences employees’ job satisfaction the most. Focusing on my workplace, where I work as...
When pondering the fundamental objective of a newly created team, the notion of achievement is the first that comes to mind for most people. In order to secure the completion of the set goal, both the leader and the followers are to be motivated to perform efficiently. Hence, the phenomenon...
Positive organizational behavior implies a positive attitude to the work environment. With such an approach, I can focus on my goals more than on the previous errors and future failures. It also helps to reduce the amount of stress caused by overthinking every action during the business. Moreover, I am...
Providing a good working place that would lead to employee satisfaction is one of the main management functions. It is explained by the notion that content with one’s job is strongly associated with motivation and performance. Therefore, this paper will firstly discuss how to ensure adequate workplace safety and security...
Motivation refers to the factors that tend to influence an individual need to remain interested and committed to a particular goal, performance, or subject. To succeed in any position, everyone needs the motivation to pursue their course persistently. However, using inspiration to realize set goals first requires one to identify...
Nowadays, there is a relatively wide range of career possibilities. Therefore, HRs have to prepare accurate job descriptions in order to eliminate risks concerning their employees. If a job description fails to give an employee all the details that are connected with their job responsibilities, there is a strong chance...
I agree with the main points of the provided discussion and consider the described decision ethically good. However, I would like to further the final thought by adding that the decision benefits the customers as well and impacts their perception of the company’s ethics. Decisions that companies make to support...
Compensation has three key aspects, and they include direct, which covers bonuses, incentives, salaries, wages as well as commissions. The second component is indirect which comprises benefits offered by employers, while non-financial consist of flexible work hours, staff recognition programs and corporation support. Compensation policy of companies influences the perks...
The issues with SNHU pet supply company stem from two basic problems – the inflexibility of traditional management approach and adherence to process schematics without considering their re-evaluation, and the lack of understanding of importance of said processes by employees. Using POLC (Planning, Organizing, Leading, Controlling) framework, it is possible...
The term leadership denotes different meanings to different people. In general, it involves the ability to influence other people usually followers, or subordinates. Therefore, a leader must have some form of authority. To exercise such control is not easy; a person should have certain qualities, such as integrity, empathy, diligence,...
When it comes to global expansion, it is essential for any business to analyze the success of its market in a specific country and explore the level of competitiveness. Overall, it is possible to suggest that the decision of Chocolate Bliss to expand in Switzerland is not strategically right and...
The most important aspect in the presented case in relation to customer relationship management is that it is necessary to constantly monitor reviews and complaints, as well as provide an adequate and timely response. Additionally, the video highlights the importance of using modern communication methods to track customer experiences as...
Today, many people think that the success of a product or a company lies in the strict approach of the owners: explicit calculations and presentations, permanent documentation of all processes. However, no one thinks that the essential thing in all this is creativity. Creativity is a process when new ideas...
The most important thing for me can be called a united and cohesive team. In my opinion, this is the most effective way of working together. In addition, group work with other people inspires us to achieve better results. This is due to the fact that the primary motivation is...
Introduction The modern global economy more than ever values talent and creativity over following the established routine. Therefore, it is crucial to pay attention to retaining smart employees. In many cases, when a company encounters a decline in performance, the root causes lie in issues connected to human capital management....
Case Description As a case for analysis, the note about such a phenomenon as restaurant outsourcing is considered (Stevenson, 2018). This kind of business is considered from an unambiguous point of view, and the reader receives a hint about the insufficiently legitimate use of the powers of the food companies...
There are various fascinating factors to creating a network of possible suppliers to obtain a request for proposal (RFP) addressed in this case study. Additionally, the paper will focus on the arguments favoring and against the inclusion of Aerolog, Inc., on the Request for Proposal (RFP) list of the Ripley...
W.E. Cheatham and Co. have to consider the ethical implications of their decision to lay off workers amid the annual loss. Even though with the unprecedented economic times, like the COVID-19 pandemic, the company may be overwhelmed and consider layoffs as a potential solution to the financial constraints. However, for...
Presenting Problem Sonya reported having depression, happiness at times, nervousness, stress, and moods are all over the place. Background of the Patient The patient in the case scenario is called Sonya, a 28-year-old female. She has two siblings, and both of her parents are alive. Before puberty, Sonya had anxiety...
Over the last 20 years, the concept of diversity in the workplace has been applied in public human resource management practices, as it is an essential asset in the work environment and acknowledges the strength of employees. The idea is enforced by law in which some legislations oversee diversity policies...
When I first started working, my intention was to get salary and sustain my needs. However, people at my workplace were the reason why I kept motivated to work. I liked how we interacted with each other, had fun together, and solved the problems. The workplace culture played a crucial...
Human resource management is a complex practice that aims to improve employee performance, motivation, conflict avoidance, and resolution. At the same time, this science combines knowledge about general trends and characteristics of human behavior and employees’ individual traits and needs. In their article, Cappelli and Tavis (2016) examine one of...
Modernization in the 21st society has increased the level of globalization, thus, interaction of people from diverse cultures, especially in the workplace. Cultural differences in the workplace provide the employees with new social experiences which could result in either success or failure of an organization. Various organizations have different levels...
The efficiency of the use of scientific management in the 21st century is complicated due to the lack of relevant research on the shifts in business practices. According to the researchers, it is explained by the fragmentation of available knowledge as a result of the neglect of emerging conditions in...
Regression Analysis is a statistical tool used to calculate and comment on the relationship between two or more variables. Regression analysis allows the company to understand mutual connections between factors that affect their general performance. In regression, variables are separated into dependent and independent, which can be used by business...
For the analysis, the IT industry was selected, a company that provides Internet services, software, IT services, and the creation of an information product. Intangible services are the company’s focus, it includes working with online databases, search engines, and social networks. Responsibilities of the company are IT consulting and data...
Leadership quality is particularly important because it impacts all the processes as well as other people in the company. The article by Badawy et al. discusses the subject of the person-environment fit and the factors that connect the leader-employee relationship to the staff’s performance (86). The purpose of this essay...
In the contemporary business world, competition is very high, which increases the value of human capital and talent in the workplace. Performance excellence is the key goal that leads to company profitability and industry dominance. To ensure that employees contribute their best talents and skills to accomplish organizational goals, leadership...
It is important to stay creative for any company. Complacency can suppress the creative atmosphere in the workplace and, therefore, should be avoided. According to Catmull (2008), Pixar puts creative people at the front and empowers them to maintain their creativity throughout the whole production process. Teamwork is also important...
At the heart of the leadership of people is the influence, i.e., the psychological impact exerted on them to change behavior. The potential or actual possibility of influencing others is called power. Submission to power means that the subject conforms their behavior to the requirements of its bearer, regardless of...
Introduction A leader’s communication style can potentially affect how motivated, efficient, creative, or secure team members feel. The ability to communicate efficiently could be viewed as one of the essential competencies for individuals who manage and direct groups and those who constitute their part. This competence facilitates communicating and creating...
Job outsourcing strategies are an inseparable part of the growing global economy. Such strategies are beneficial for both the country of origin of the transnational corporation and for developing countries, which offer labor. Developed countries, including the United States, gain access to cheaper products with reliable quality, whereas developing countries...
Introduction Storytelling is an integral component of public relations, as it attracts the attention of the wider public and enables explaining the company’s goals to them in a less direct, hence less aggressive way. In the article by Kent (2015), the author mentions the quest for public relations master plots....
Introduction Nike is a multinational corporation that specializes in selling footwear, clothes, and various sports equipment. The company was founded in 1964 by Bill Bowerman and Phil Knight (Gupta, 2021). Nike, Inc. refers to a part of a vast business sector specializing in producing goods for sports. The main message...
The Dow DuPont announced in 2017 the successful completion of an equivalent merger of two large corporations, The Dow Chemical Company (DOW) and E.I. du Pont de Nemours & Company (DuPont). The combined entity is a holding company called DowDuPont, split into three large publicly traded companies operating in the...
The internal environment is a critical component of the market situation of Cotton Incorporated. It affects the organization’s chances to maximize its competitive advantage over key business rivals and increase teenage consumers’ awareness of cotton’s benefits over other fibers. Cotton, Inc. conducts extensive market research, including over 500 consumer interviews...
Strategic management’s fundamental question is how firms achieve and maintain a competitive advantage in a rapidly changing market environment. Most organizations lack proper change management; consequently, the process of implementing new technologies or policies faces active resistance from employees. Besides, without effective leadership and managers’ guidance, resistance to change can...
The existing woman’s fitness and spa service providers are not capable to accomplish the desire needs of customers at all. So, from this perspective “Revolution” (is not it Revolution) has been evolved. Revolution’s marketing strategy is to promise its potential customer to fulfill most of their expectation and do something...
A detailed examination of a product’s characteristics and market conditions is a necessary part of any decision-making process. In the case presented, the vice president of Pintura Corporation’s Industrial Finishes Group, Maria Lopez, is required to make several difficult choices. The demand to provide multiple customers with environmentally friendly industrial...
Orange Jordan is a public mobile telephone network operator which benefits from the use of innovative solutions and unique services offered to its clients. At the moment, the company cooperates with multiple partners, such as Ericsson, to boost online learning and help students to evolve their skills (Orange and Ericsson,...
Introduction Many people from different spheres of our life change their living place, especially in the 21st century, when transportation and technologies made the process much simpler than before. However, every person may be influenced by returning home because of many psychological issues. On the other hand, there are many...
Introduction Janet, a young office manager at a local company, appears to have issues with motivation to move from her current position to begin a potentially risky project. While her job does provide financial stability, she feels dissatisfied with the lack of opportunities for personal growth. This case study will...
While hiring employees for a project, it will be vital to make sure that they can function as a team. To do this, I will inquire about their work experience, firstly in the field itself, and secondly, about their interpersonal interaction abilities. The employees’ knowledge of foreign languages is an...
The issue of gender pay inequality concerns the difference in average pay for work done by women and men within the same organization and poses extensive challenges for organizations. Such pay inequalities can result from variations in pay schemes. Some schemes allow lower wages and bonuses to be paid to...
Hi everyone, My name is X, and I am currently working towards my bachelor’s degree. I have several goals for my education, and although they might change in the course of the semester, I will work very hard to achieve them. Specifically, I aim to achieve and maintain a high-grade...
Diversity and inclusion are wide scale terms nowadays as companies are focusing on these to adjust their businesses and gain a competitive advantage. Diversity is the mix of individuals who present different races, cultures, and other elements that may divide people by specific criteria (Abdel-Rahman et al., 2021). Inclusion is...
Al-Hawari, M. A., Bani-Melhem, S., & Quratulain, S. (2019). Do frontline employees cope effectively with abusive supervision and customer incivility? Testing the effect of employee resilience. Journal of Business and Psychology. Web. This article is concerned with the impact of abusive supervision and customer incivility on frontline employees’ behavior. The...
Summary Bless is a Hong-Kong based company that produces Cold Pressed Juice. The company aims to promote a healthy lifestyle by focusing mainly on a natural diet. They utilize the skills of experienced nutritionists and dieticians to produce various types of nutritious cold-pressed juices. Bless also offers its customers an...
The members of a Root Cause Analysis (RCA) teamwork collaboratively in order to facilitate problem-solving use for identifying the faults and problems that resulted in an unfavorable healthcare outcome. In the presented scenario, the RCA team is comprised of the Risk Manager, Pamela, a Staff Nurse, Linda, and a Pharmacy...
I got going as a division director for four unique regions. Then, at that point, it turned into a Support Manager evening directing the whole store. I am presently an overnight group captain with my essential occupation ensuring all-new cargo is supplied. Besides, my momentary objective is to turn into...
The Most Important Values for a Project Considering the further development and promotion of the student Library club idea proposed during the previous writing assignment, there are a number of values the project will require to be completed. While most of the mentioned areas are essentially important, I feel that...
The term “whistle-blowing” first surfaced in the late years of the twentieth century. The concept is simple: when an employee sees their company or colleagues partaking in deliberate wrongdoing that concerns public interest, they “blow the whistle” by reporting the misdeed to an authorized person or organization. The issues that...
Introduction Unethical behavior in organizations has crowded the global media for the last decade, particularly in the wake of high-profile corporate scandals involving blue-chip corporations such as Goldman Sachs, Satyam Computers, Siemens, and Lehman Brothers. It has been documented in the literature how individuals’ unethical behavior and actions sit at...
Introduction Clive Boddy, in his article “Psychopathic leadership a case study of a corporate psychopath CEO,” published in the Journal of Business Ethics, demonstrated the effects of a psychopathic CEO on the performance of an organization. The article follows a case where such a CEO was recently appointed to that...
This paper describes a business leadership project: creating the literature club to promote reading books, selling them, and donating money to the local orphanage. The literature club members are expected to be young people, primarily students, from the college. The project is about promoting literature, meaning that it aims to...
Leadership in a culturally diverse society is challenging for individuals assigned with public roles and responsibilities. Communities depict different attributes of diversity, including gender, race, sex, and religion (Hallinger, 2018). Leaders are expected to integrate vital skills and knowledge intended to ensure growth and progress within a society. This plan...
Modern trends in workforce development are largely revolving around the COVID-19 epidemic. The reason why this topic was selected is because worldwide workforce situation has seen a major shift towards from-home work and a severe alteration in life-to-work balance (Volini et al., 2020). Effectively, it became a singular whole, and...
Introduction American airline JetBlue is actively entering new markets and moving towards a more elaborated business model. These days, the airline intends to expand its business worldwide. The strategic diamond concept consists of five elements: arenas, differentiators, vehicles, staging and pacing, and economic logic. All five aspects need to work...
Introduction The most important tasks at the present stage of the development of American society are the preservation and growth of the population, improving the quality of human capital. The low life expectancy of the population is formed mainly due to the super-mortality of the population of working age. Against...
In my opinion, the majority of strategies applied to providing executive payment are somewhat unfair due to the exceptionally fast-growing net worths of large companies. With thousands of low-wage factory workers (usually from developing countries), the ratio between the executive’s and average worker’s payment can result in hundreds of times...
The issue of loyalty in the labor market can be highly controversial these days, and it depends on various factors. Clearly, there is much less loyalty in the employer-employee relationship than it was seventy years ago, during the time of rapid economic growth in the post-war societies of the West....
It is necessary to carry out large-scale and complex work to find a suitable person for the job. This process can include various components, depending on how closely managers approach the selection of candidates. While some jobs require just a diploma, other jobs require many general and specialized tests. However,...
Introduction The methods and techniques to increase employees’ motivation are one of the central topics in staff management. Managers investigate these methods through the thorough reading of different case studies describing businesses’ successful attempts to increase staff motivation. The article “Factors Affecting Motivation of Employees in the Public Sector: Case...
It has been acknowledged that motivation is one of the major factors contributing to employees’ high performance and commitment to organizational goals. A considerable bulk of research on the matter suggests that diverse aspects have an impact on employees’ motivation (Lorincová, Štarchoň, Weberová, Hitka, & Lipoldová, 2019; Frye, Kang, Huh,...
The article focuses on the research aiming to provide evidence of Integrated Conflict Management Systems (ICMS) efficiency. The author studies the data from the healthcare institutions in the eastern US, where these systems have been implemented for eight years (Dunford, 2019). Specifically, they test how Conflict Management Interviews (CMIs) affect...
Good communication at workplace means that people demonstrate mutual respect and can both take the initiative or follow others’ ideas. Communication becomes bad when the involved parties refuse to listen to each other, push only their own side, and thus do not help the working process. Healthy communication between workers...
Supply chain flexibility has become progressively crucial since it allows businesses to better oversee their funds and resources while still meeting customer demand. Flexibility refers to a supply chain’s ability to recognize and adapt to any short-term problem. Changes in the business environment are causing the market to become more...
In an organization, individuals ought to interact and work together towards achieving a common goal. Organizational behavior includes the functioning, structure, and performance of the organization and its action. Managerial decision-making requires evaluation of what people are doing and how their behavior affects the organization’s general performance. It is easier...
Background A well-structured supply chain is critical to a company’s efficiency and profitability. However, each link in the chain is its creature, with its ups and downs and commercial realities. If one link breaks, this will jeopardize the entire chain. Kildow’s template outlines the many stages of developing and maintaining...
Evidently, the company experiences a shortage of office supplies vendors and requires to find new solutions for a long-term relationship. The previous vendors appeared to be unsuitable because they were chosen without a systematic approach. To resolve this issue, I suggest a system of vendor evaluation based on specific criteria....
Entrepreneur Nathan Tuckwell switched to mobile applications for small businesses that track all of the company’s financial movements and keep records. This software fully covers the information and analytical functions of accounting. The analytical function is similar to the information function. However, it includes a more profound analysis in all...
Established in 1992 and supplied with essential investments by Congress, the Defense Acquisition University (DAU) is an educational institution for the Department of Defense. It is controlled by the Office of the Undersecretary of Defense (Defense Acquisition University: About us, n. d.). Its specialization is “providing practitioner training and consulting...
Nowadays, a combination of various factors led to American companies outsourcing moving their production abroad. Many American corporations refuse to comply with growing wages and (or) tax rates in the country and decide to move their operations overseas to less demanding job markets and a more pleasant tax climate. The...
Unemployment is a serious and issue in the United States, with millions of people affected every year. A person is defined as unemployed if they are not working although able but have been “actively looking” for a job for at least 4 weeks, or if they had been temporarily laid...
The article ‘A leader’s guide to why people behave the way they do’ is dedicated to the explanation of motivators of humans’ behavior. It is essential for a leader to clearly understand what makes a person act as he does because, otherwise, the leader loses the ability to influence him....
How Do Culture and Diversity Affect Organizations? Today, multicultural management is one of the developing management directions. However, the cultural diversity within the organization can cause many confusions among colleagues and, as a result, make the working atmosphere less comfortable (Hewstone, 2018). Even though multiculturalism cause problems for the organization,...
Control is one of the management functions, which is a thorough check and analysis of work progress. It is the observation of the processes of activity to prevent and eliminate deviations from them. The control implements the idea of feedback, the transfer of information from the output of the control...
According to the article by Catmull (2008), based on the example of Pixar, there is an inherent divide on the question of what is best in a striving company, good ideas or excellent professionals. It can be argued that an idea and creativity are critical, particularly in fostering innovation and...
It is hard to disagree that rules play a major role in any professional field. They allow employees to make the right choices and guide their decision-making in difficult situations or dilemmas. The American Institute of Certified Public Accountants provides its Code of Professional Conduct so that practitioners, businesses, and...
In this training, the staff will be provided with basic instructions on how to behave in order to meet the calling and status of our family restaurant. The Country Cookin is more than just a cafeteria where one can get their fill, as all of the employees perceive their work...
Introduction Marketing is the art or science that seeks to identify and meet customers’ needs profitably (Kotler & Keller, 2012). Good marketing is a discipline that involves creating effective strategies to counter the inherent marketing challenges while maintaining customer loyalty for success. Marketing enhances demand for products and acceptance for...
Pricing is an important aspect of any business and market exchange of goods and services, and it is especially important in regard to government contracts. There are a number of strategies for deciding the price for a certain product, such as cost-based pricing and market-based pricing, which can be used...
Marketing refers to the creative identification and implementation of communication strategies to reach a target market. In today’s highly competitive world, marketing means an opportunity to connect products and customers who need them to enrich people’s experiences (Valand and Gaur, 2020). Marketing focuses on promotion and advertising, while it uses...
Ikea’s Understanding of the Targe Market Ikea is a company, which perfectly comprehends its target market. It is a one-stop-shop, which offers household items at a discounted price. The best Ikea is doing for its customers is the affordable pricing of its products compared to other enterprises. The second advantage...
