Today, Drum Circle is a group of people who gathers into circles to make a joint drum composition. In ancient times, it was a necessary occasion because people lived in tribes (The Drum Cafe n.p.). Nowadays, this tradition is usually performed to unite a specific group of people. In this...
The structure of modern companies continues to evolve and becomes more complex. This notion signifies the need for companies to upgrade and expand their human resources management departments. Noe et al. (2016) state that “effective management of human resources creates a competitive advantage.” This particular organizational task should not be...
In his article, Ed Catmull discusses essential principles of enhancing creativity in Pixar – focusing on people, ensuring continuous innovation, discussing work processes at the level of department directors, and daily discussions with all participants (Catmull, 2008). Pixar traditionally publishes the results of technology research of its employees. Many scholars...
It is important to note that team effectiveness and teamwork are determined by a wide range of critical factors, which include leadership, communication, groupthink, homogeneity, and team size. The latter factor can be considered as the least influential one because team size and effectiveness cannot be universally identified since certain...
The focus of human resources management at Maersk Group has historically been on hiring young, inexperienced cadres and providing them with extensive training. As a result of the training, individuals could be moved across Maersk Group’s business lines and were guaranteed an overseas placement. At the same time, the company...
Abstract Wobbly Wheels Distribution Company (WW) is a transport and distribution company that aims at increasing current revenue through incorporation of the IT organization. This paper discusses part one of ITSP development that involves description of the business, current economic climate, and financial goals. In addition, the paper discusses the...
Papa John serves several markets in the United States that they reach mostly through their ordering page. Online ordering has led to increased sales and new customers. The Company serves fresh ingredients in its products, including frozen dough, pizza sauce, and tomatoes. The company has continued to add products to...
Problems and Changes Safe Wings Aviation faced various problems with managerial, leadership, and budgeting decisions. The aviation director of operations, Saucy Burbank, has an indirect management skills that involved operating informally with the pilots, crew chiefs, and flight attendants. The director of operations also despised the importance of paperwork and...
The Fresh Connection is the company that produces fruit juices and delivers the product to retailers. This organization consists of four departments: Purchasing, Operations, Sales, and Supply Chain Management. Throughout the six rounds, these four departments made individual and cooperative strategic decisions to increase the company’s profit. Based on the...
Introduction Apple is an example of a business venture that has been successful from the day of its establishment, which points to the leadership’s exceptional approach to decision-making and organizational behavior management. Organizational behavior management is especially important during a crisis such as COVID-19, and this paper will examine how...
Background check processes are essential for the HR of any company and it is important to get an access to the such information as medical reports and even credit standings. Businesses have to ascertain a candidate’s viability by checking on their criminal history, education and prior employment verifications, driving record,...
One of the most effective ways applied to determine a competitive pay is through examination of the retention and turnover patterns of other companies in the same industry. A competitive pay by an employer leads to an increased level of motivation and reduced turnover rate (Nigro, et al. 2012). If...
Organizational creativity heavily depends on the development of a culture of openness that encourages every employee, regardless of their status, to provide constructive feedback. According to Csikszentmihalyi (1997) and Rasulzada and Dackert (2009), the psychological well-being of employees strongly depends on organizational creativity within a company. One of the factors...
CEOs are constantly trying alternative solutions to increase employees’ productivity. The most obvious way to get a person to work harder is monetary compensation. The technique implies a worker’s understanding of the need to spend their efforts and what rewards they will receive. Different payments are great incentives to motivate...
Even though hard-working employees are valuable for companies, achieving creative, strategic goals requires specific sacrifices from workers and may influence their mental and physical health. Either working in a team or mostly individually, the staff members spend much time and put enormous efforts into reaching the firm’s objectives. However, it...
Do better workplace environmental conditions improve job satisfaction? is the article written by Erro-Garcés, A. and Ferreira, S. and published on 10 May 2019. The paper targets managers, business specialists, and also the general public, as it covers the topic of job satisfaction. The researchers make a hypothesis that workers...
Using excuses is the method of avoiding undesirable work or the indicator of the absence of the willingness to be changed. Usually, excuses are perceived negatively, as most people appear to be confident that refusal to participate in changes is the manifestation of cowardice and weakness. However, I notice that...
The situation involving improper resource assignment requires either replacing the resources or providing the current resources with the latest information on compensation and benefits. Both options with their specific strengths and weaknesses should be considered to ensure a quick resolution of the problem. The following discussion post aims to explain...
Although different research methods can be used in human resources management, certain strategies are more effective as compared to others. For instance, the study exploring methods utilized by frontline managers to identify the impact of abusive supervision on employees’ performance will require the use of the qualitative approach. The qualitative...
Cost Estimation TYPE OF COST Estimated Unit Cost Unit Multipliers Total Cost Timing of Expense DEVELOPMENT COST Curriculum Development Internal salaries-loaded cost Materials Presentation material Computer software Library access $30/hour $1000 $1000 $500 10 hours N/A N/A N/A $300 $1000 $1000 $500 Year 1 Year 1 Year 1 Year 1...
Strategic management is a discipline in the business sphere that entails initiating, executing, and assessing policies to see that the business has met its intended objectives. Strategic management in its nature mostly involves the top management officials of the business. The top management is responsible for the decision-making, and hence...
Evaluation of organizational behavior is a crucial part of any working process as it helps understand employers’ expectations of and employees’ possibilities. Risk and protective factors are the major components of the environmental model of occupational well-being. Employees are not satisfied with their working conditions, contributing to the work-life balance...
Introduction Tourism development is a vast contributor to the growing economy. Obscuro is a business that takes advantage of the affordable alternative destinations niche in the tourism market by targeting travelers between 18-35 years of age. The business plan serves to show how feasible, viable, and profitable this business is....
Introduction A cash flow statement (CFS) is one of the principal types of financial statements. Its primary purpose is to summarize the total amount of cash and cash equivalents (CE) that companies operate. The statement is frequently utilized in business analysis to determine short-term and long-term objectives. Furthermore, the cash...
Introduction Businesses strive every day to compete with their competitors through various strategies such as marketing. Marketing involves making the right product available at the right place and time. Using a marketing mix is an efficient way of successfully implementing a marketing strategy. The marketing mix consists of the 4...
Taiwan Taiwan operates a flexible exchange rate for the reason that there is a great variability in the value of the official foreign exchange reserves. Exchange risk is defined as the variability in the reserves value that is caused by uncertainties in exchange rates. Generally, exchange risk is viewed as...
Introduction Culture encloses the complex whole consisting of everything that people think, do, and have as members of the community. It might be envisaged as a form of a channel that flows down the centuries from one generation to another. Though cultural aspects are intangible and abstract, their influence is...
Introduction Human resource planning is the analysis of organization human resource needs so as to have the required staff with competent skills and qualifications as per to the organizational requirements. It puts into consideration both the internal and external factors affecting an organization. Information acquisition This is the process of...
Introduction One of the main challenges that face the fashion garment industry is sustainability and this is because its products are in high demand and attract high amounts of profit. The growth of the internet and social media spreads fast, and consumers are more conversant with ethical fashion issues. However,...
Literature Review Introduction When different kinds of receivables, such as leases, loans, debts, etc. are funded with the help of a specific method, it has been referred as Securitization. On a portfolio of receivables, free trading of the asset-back securities can be performed in such a method. However, rating agencies...
Introduction The financial crisis that started in 2007 on account of consumers failing to clear their subprime mortgages created far-reaching consequences on the US economy and proved to be the harbinger that led to a domino effect, which impacted all economies of the world severely. The global financial crisis of...
Introduction Organizations face numerous risks in their everyday activities. In most cases, the majority of businesses fail to achieve their set goals and objectives due to the lack of appropriate strategies for the management of any potential risks (Zsidisin, Panelli, & Upton, 2000; Power, 2009). In the human situation, risk...
Introduction Corporate social responsibility (CSR), the notion that organisations should undertake actions that advance social benefits beyond that which is required by law, continues to attract varied interest and reactions from scholars and business practitioners alike (Kang, Germann, & Grewal 2016). The CSR concept obliges organisations to bear responsibility for...
Introduction This chapter aims at discussing the main aspects of the research methodology chosen for this project. It is expected to investigate the consistency of the methods in regards to the research question and approach identified in the previous chapters. The evaluation of the methodological aspects helps to improve the...
It is essential to correctly approach the choice of staff for the industry, organization, or company to function effectively. Human Resources (HR) is designed to most successfully manage the company’s personnel. Recruitment, management, and mentoring are usually the responsibilities of each HR department. Thus, first of all, it is important...
Abstract The outbreak of the COVID-19 virus is an acute reminder that pandemics, just as the occasionally happening catastrophes, have occurred in the past and will continue happening in the coming future. Since all calamities cause adverse effects to the normal operations of human beings, COVID-19 is no exemption. Currently,...
Introduction Nowadays, Target is rightfully considered one of the largest and most profitable retail corporations in the world. Although the first Target store opened in 1962, the predecessors of this venture came long before (Cain, 2020). George Dayton founded the Dayton Company in 1903 (Cain, 2020). The department store flourished...
Introduction The modern world passes through a difficult period characterized by the strong influence of several factors. First, the Covid-19 pandemic affects all spheres of human lives and activities. People have to adapt to new conditions and follow guidelines to avoid further deterioration of the problem. Second, global intercourse is...
Introduction The company focuses on a variety of different types of roofs which can be classified into several categories. First, roofs are classified depending on design features, such as flat, gable, with attic, without an attic, mansard, etc. Moreover, there are types of roofs depending on geometric shape, such as...
Any business intending to have a clear direction of growth and competitiveness needs to dream about where it should be in several years. An organization’s vision statement defines a company’s aspirations and goals. It is instrumental since it keeps a firm on track and from wavering off bearing towards set...
Subject: To provide recommendations or options that can help Storefront with their negotiations on the terms and conditions to be agreed upon between the Authorities of the City of Toronto and Storefront Humber Home Support Services Inc.’s Board members on the rent of the premises they established on the next...
A company’s mission statement essentially defines the company’s reason for existence. It ideally incorporates the company’s most important values, as well as provide direction for short term activities necessary for the attainment of the entity’s long-term purpose. Companies will not often change their mission statements precisely because they define their...
Introduction Definition “Corporate Governance is a meadow in economics that investigates how to safe /motivate efficient organization of corporation by the employ of incentive mechanisms such as, contract, organisational plan and legislation. Furthermore, this is frequently limited to the query of improving monetary performance. For instance, how the corporate owners...
Communication is the system that enables employees to cooperate and perform their tasks effectively. The main goal of the communication plan is to ensure the effectiveness of employee interaction. In the absence of communications, workers do not have information about what colleagues do, management does not receive primary data, and...
Purpose The purpose of this paper is to re-propose to the board of the Commonwealth Bank of Australia the need to shift from the traditional transactional approach of marketing financial services to a more modern and strategic relationship marketing approach. Background Information The CBA marketing intelligence, as well as the...
Introduction As an object of assessment, a meeting of school officials at the local school board will be reviewed where the members discuss the issue of financing the supply of computer equipment. Analyzing the given event from the perspectives of leadership and conflict management can help highlight specific strengths and...
Super Sized Cycles bicycle manufacturing company is based in Vermont, New England, in the United States. The following mission statement is suitable for the company: Mission Statement To create value through the provision of quality personalized bicycles to our customers using the right combination of knowledge, skills, and technology and...
Unfortunately, 2020 is not an easy year for the whole world. Because of the coronavirus, also known as COVID-19, many firms are facing certain implementation restrictions and have to change their usual way of working. It is rather challenging but necessary in order to keep customers and employees safe and...
One of the categories of manager roles that has a significant impact on a team’s work is decisive roles. This category includes such roles as Entrepreneur, Disturbance Handler, Resource Allocator, Negotiator (Mind Tools Editorial Team, n. d.). At the same time, essential skills for a manager are communicating with staff,...
While it is not a new concept, social capital has emerged as an integral aspect of business and society. It is concerned with the creation of a positive outcome through human interaction, which might be tangible or intangible. An organization’s success depends partly on the personal networks and relationships of...
Labedo Berries is a small business entity run by a family of entrepreneurs. The main activity of this company is the collection and processing of strawberries. In the course of its work, Labedo Berries contacts the farmers, receives their supplies, sorts strawberries, and uses the chocolate blend to add a...
There are several major approaches to research, each of which is particularly suitable for the specific purposes of different scholarly investigations. The main groups of methods available are qualitative, quantitative, and mixed. Quantitative research utilizes data collected with the help of quantitative methods, such as numerical data (Johnson & Christensen,...
Introduction A merger means a business approach where one firm is combined with another and they work as a single independent entity. For any company to concur on mergers, it must have the same scale and size of operations. The purpose of getting a merger is to obtain a wider...
In her article, Rita Gunther pointed out the disadvantages of the ‘sustainable’ competitive strategy and presented the new cutting-edge approach – the transient strategy. According to the author, this method provides the organization with more effective tools to reorganize business areas that are not working well (Gunther 2013). Interestingly, the...
Entertaining, informing, and inspiring people globally through unparalleled story-telling, reflection on the iconic brands, creativity, and innovativeness encompass Walt Disney Company’s mission. The company’s objectives are as follows; Become the world’s greatest entertainment and information company. Create unique and resourceful content for the consumers. Offer outstanding services to the customers....
Executive summary Sharp Teen Center will provide teens with an opportunity for recreation, where they will meet, integrate and enjoy recreational facilities. The cultural diversity in the city provides an advantage for teens to learn from different cultural backgrounds, especially in terms of music, drama, arts, beauty contests and other...
In the United States today, it is common practice to see vehicles lining up in service stations to refuel and get serviced. Similarly, it is also common practice for people to use tap water in their homes to undertake various activities, including showering and washing. The common denominator in these...
A product refers to any item or service offered for sale to consumers with a view of satisfying their needs. It may also take the form of a concept or information meant for commercial or non-commercial purposes. Marketers play a vital role in analyzing consumer demands and assigning the value...
People organize large-scale meetings for a variety of purposes, such as fan conventions or scholarly conferences. In any case, they need the expertise to manage massive numbers of guests and provide them with meaningful content. The event planning industry exists for this purpose, using the insights of optimal meeting design...
Brand Awareness In the framework of brand awareness, it seems that Beats by Dre demonstrate significant results. The client has launched a brilliant advertising campaign so that a plethora of additional customers get acquainted with the brand continuously. It has a very sound motto, “People aren’t hearing all the music”...
The given paper focuses on the concept of the Value Capture Model (VCM). Ryall (2013) states that the VCM defines competition as a tension between the value that a firm takes from interactions with specific agents and the value that it could have obtained from other agents. This concept implies...
In negotiations, HR managers are expected to play a dual role. On the one hand, they should consider the interests of the organization; on the other hand, their responsibility is to improve employees’ positions. In case of Acme Auto Parts, the HR manager should explain to employees the benefits and...
McDonald’s is one of the most famous brands in the USA, symbolizing the American way of life. The company is now facing serious challenges due to economic constraints and COVID-19 pandemic. People’s consumption patterns are transforming, so hospitality companies need to adapt to the new environment. One of the strategies...
There are numerous approaches to business negotiations, which may contribute to their success. Various methods established throughout human history and are implemented worldwide. The most significant aspects of business negotiations are preparation, active listening, patience, verbal communication, problem-solving, ethics, and emotional control (Harroch, 2016). Preparation is crucial for obvious reasons...
Introduction This paper intends to address the communication issue of data breach in companies. StockX is an online store for purchasing and selling clothing items, majorly sneakers. It is based in Detroit and was started in 2015 by Dan Gilbert, Chris Kaufman, Josh Luber, Chris Kaufman, and Greg Schwartz. StockX...
The mission statement of the organization is the principal and most responsible aspect of strategic planning. It represents the central purpose of the company, being an apparent basis for its existence. Without mission statements, management in the organization could be performed only according to the leaders’ values. Mission statements are...
The emergence of the fast-food industry has brought drastic changes to the market and has significantly impacted people’s dietary preferences. The innovations adopted by the McDonald’s chain in the 1950s have led to the development of similar facilities because of the idea’s profitability and simplicity in the implementation (Rawson &...
Coca-Cola’s history commenced in 1886 when John Pemberton of Georgia created the Coca-Cola drink. In that year, the soft drink could be purchased from a local pharmacy. With time, the drink was placed in several other locations in the country where it retailed at five cents. It was also advertised...
The product design outlines the features of a product or service. To maximize the potential for success, top-notch companies focus only on a few products and then concentrate on those products. At Mcdonald’s, special care is taken to bring customers the best product and outstanding service. Mcdonald’s is why product...
Introduction Organizations are kept focusing on assessing the problems by research to address them properly so that long term planning is done in accordance of any uncertain event and to make strategies for unexpected events. Consumer goods companies keep focusing on market research about consumer response towards the products taste...
Operations management is the sphere of activity of every business company that aims at fast and proper development. Operations management helps the company realize its goals and take practical steps to achieve them. Hard Rock Café is one of the examples of successful operations management because the ten critical decisions...
For this paper on operations management, the organization that I have chosen is Mcdonald’s. Mcdonald’s is one of the fastest and biggest growing international fast food restaurant chains. Mcdonald’s mainly sells burgers, French fries, soft drinks, ice creams, and milkshakes. The company cannot be said to offer a service only...
Executive Summary This study strives to find innovative ways to improve risk management performance in new petroleum companies. It focuses on highlighting the role of human resource practices in risk management and explaining how this field could improve risk management performance. The study has three main research objectives. The first...
Abstract The creation of social media has had a huge impact on the way people share information. When it started out, many people did not believe that social media will make a significant impact on the business arena. The top business executives ignored this communication platform as many believed that...
Introduction Costco is a leading American wholesale corporation. It operates as a warehouse club that offers a variety of goods and services to its members. The organization’s mission is to offer high quality goods and services to its members on a continuous basis. To achieve this objective, the corporation seeks...
Introduction Performance management is one of the problems that many organisational managers face today. Aguinis (2009) argues that performance management is used to ensure that the organisational goals and activities are achieved with the required human resource competencies to achieve the strategic goals, aims, and objectives of the organisations. Many...
Introduction Restaurants play an integral role in the lives of many people since they offer a variety of products and services. This enables people to enjoy themselves as they continue with their daily lives. Restaurants offer varieties of food as well as services such as outside catering services and Wi-Fi...
Abstract This paper focuses on the need for non-biased methods of evaluation as companies expand their overseas operations in order to continue to remain viable and relevant in the face of their constantly evolving business landscape. One of the main issues when it comes to overseas HR evaluations is that...
Abstract This dissertation is about health and safety of workers in the workplace. The methodology includes review of the literature and qualitative analysis using survey questionnaires emailed to workers of Kent Industries Incorporated. The questionnaires were sent to the sample participants who were chosen through random sampling. The answers of...
Introduction The topic of differentiating leadership and management in the context of achieving productive activities at the personal and organisational level is significant due to the unique approaches and practical methods to apply. Despite the similarity of the individual principles of maintaining performance, the two concepts under consideration are not...
Introduction Compensating employees is usually the highest cost in any organization. Employee compensation is done either in monetary terms or in the form of non-monetary benefits that they employees receive or demand. The most commonly offered non-monetary benefits include items like medical cover, house allowance, entertainment allowance, and retirement benefits....
Executive summary Purpose – this dissertation aims to examine risk management planning based on Manchester Fire and Rescue Service with objective interest of determining structure of Manchester Fire and Rescue Service Risk Management planning, proportionate of Risk management planning to risks that might affect Manchester Fire and Rescue Service, determine...
Home ownership in UK According to Ford, Burrows and Nettleton (2001, p.10), home ownership in the UK has undergone a significant change over the past few decades. After the end of World War II, most UK citizens were renters. During this period, home ownership was less than 40% of all...
Abstract The paper discusses the pros and cons of supply chain activities of Larry technologies and explores the methods that can reduce the supply chain risks. In addition to that the changes that are necessary for Larry technologies are also mentioned and the adoption of technology and the maintenance of...
Introduction There are factors that have to be considered in adoption of a total reward strategy to compensate employees of an organization. They include the factors that are conducive and the factors that prevent the application of total reward management. Organizations need to know which factors exist and are dominant...
Findings (strengths and weakness) Having conducted a research in the sphere or HR auditing, it became obvious that different companies understand this process in different ways. Still, there is sample of the HR auditing process which shows the general guidelines to how this process should be organized (Appendix 1). There...
Abstract In this study, we inspect ineffective Conglomerate mergers and acquisitions in attempts for new evidence on whether this creates or destroys value for acquirers and targets, especially in the US banking industry. We contribute toward the literature of this study in three significant areas. First, we put in to...
Introduction The model developed by Robert Solow1 (1956) aimed to estimate economic growth in terms of cross-country perspective. However, the paper by Solow written in 1956 does not discuss the pattern of growth across countries using the neoclassical growth model. Kieran McQuinn and Karl Whelan2 indicate that the Solow model...
Introduction Hong Kong presents an environment that can be described as excellent to the insurers and reinsurers despite the global trends of convergence. Of all the financial markets and economic industry, the capital markets in Hong Kong are sophisticated and managers have concentrated their finances in the country. The country...
Executive Summary This dissertation aimed to investigate the topic “what are the implications of the new product development on consumer buying behaviour in Indian ethnic food in the UK?” The literature review of this dissertation concern with theoretical aspects of new product development (NPD), stages of the NDP, consumer buying...
Introduction The current crisis of Toyota motors which was until 2009 the leading brand in the world of automotive business has been an imperative lesson for other brands in the market within the automotive industry and outside the industry. The failures of one of the brand leaders in the market...
Problem Statement Introduction This dissertation critically illustrates the perceptions and attitudes of earning management and factors touching their motivation and exploration within the modern organisation where the corporate fraud of Kelong and WorldCom have been passed. The dissertation has been organised and contained the five major episodes designed below Problem...
Introduction Background During the last two decades the information technology industry has focused upon moving in the direction of developing the World Wide Web. Information systems that make use of www technology that is delivered through intranet or the Internet have now become increasingly prevalent across the world. In any...
Background Recruitment and selection in the human resource of a company is a vital part. A methodical and able recruitment is the fundamental strategy of a company’s future success and sustainability. Thus, it is necessary to find out whether recruitment plays a key role in achieving firm’s objectives. Other objectives...
Introduction The economic realities of the post-industrial era leave very little doubt as to the fact that the commercial well-being of just about any company, aimed at expansion, cannot be discussed outside of such company’s managers possessing a comprehensive insight onto what the concept of team-building stands for. This concept...
Introduction Strategy in most generic terms can be identified as the long-term direction of the firms and it defines the business scope of the firm specifying the path to be followed by it in the long-term. Strategy enables a firm to consolidate its available resources to gain the capacity to...
Introduction The significant contribution made by copper mining towards the development of the Zambian economy is undoubted. Since its inception, the mining industry has helped numerous people in the society earn their daily bread not to mention the revenue earned by the Zambian government from the industry. The industry has...
Introduction The term imperialism is often related to the European influences on Africa and Asia and other parts of the world. Its motivation has always been to advance Britain’s’ industrial economy to other nations. There has been a persistent pressure by Britain to extend its empire to other countries. Cain...
Introduction Globalization has made the economies of the world conglomerate into one singular and large unit. Economies of the world can therefore not be studied in isolation because of the interrelationship brought about by the advent of globalization. It is this interconnectedness of the global economy that is however posing...
Introduction Background to this study The World Tourism Organization (WTO) predicted that China will become the world’s number one tourist destination by the year 2020 and will generate approximately 130 million tourists per year (1999). Furthermore, The World Tourism &Travel Council (WTTC) predicted that Travel & Tourism Demand of China...
The occurrence of an unplanned event can bring devastating effects on an organization such as incurrence of severe losses, losing customers and in extreme cases, going out of business. Crises such as failure of IT systems, damage to the stock, fire, illness of key staff make it difficult to embark...
Introduction Change is a fundamental factor in every organization because it helps the employees to handle the increasing competitive conditions and the technological developments at the workplace. However, change has negatively affected the productivity of organizations since many employees tend to oppose new ideologies and processes. According to Leahy (2003),...
