Introduction The United States belongs to the number of countries with the most developed economies. It maintains trading relationships with largest producing countries all over the world, buying and selling great quantities of essential goods. The paper is aimed at reviewing the most recent statistical data on foreign trade links...
Brief Introduction The many effects associated with globalization have led to the existence of the world as a global village. As such, stiff competition has been the order of the day as planners of world economies try to innovate in selected lucrative areas of economy. For instance, the usefulness of...
The current state of the US economy does not meet the expectation of many citizens. There was a lot of optimism when president Obama came into power in 2009 but there has been no significant change according to various economic indicators. According to the Bureau of Economic Analysis estimates, the...
Introduction Ethics can be defined as an acceptable manner in which people behave, and it is influenced by how they view right and wrong (Carmichael, 1995). It is the human conduct in light of moral principle that governs human beings established by beliefs of good or bad. The code of...
Introduction Rob and Pablo, the co-proprietors of SNOG (a chain of U.K.-based yogurt shops), mention that the secret behind their success lies not only in the type of product they sell but rather in the way in which they make each transaction an “experience” for their customers. What these two...
The Insurance Industry Health Care Service Corporation (HCSC) is a corporate body that operates several health insurance firms in the United States. HCSC controls the operations of Blue Cross and Blue Shield Plans of Illinois, New Mexico, Oklahoma, and Texas (HCSC, 2011). HCSC is the fourth largest insurance corporation in...
Introduction For a long time, few businesses made effort to understand and highly value customers, especially with the need to retain them, but this scenario is fast changing in the modern world, as businesses embrace themselves for fierce competition and economic hardships of the 21st century. Today, globalization, technology, and...
Introduction In the past 20 years, micro-finance has received a lot of attention from policymakers and scholars alike. Microfinance has been seen as one of the most effective ways of supporting and maintaining development, especially in third-world countries. It has however been criticized by economic scholars and researchers as well...
Change Management Theories Change management theories are developed to explain transitional processes in organizations. In the context of this paper, the John Fisher change model explains the resistance of organizational transitions in the “goofing” case study. This theory explains that employees follow eight stages when confronted with organizational shifts: anxiety...
Introduction Any institution will adopt a management approach that best suits its functions. However, some organizations choose approaches that end up stifling the operations and development of their members. This mostly results from the lack of knowledge on the appropriate approach and its effects. However, the fear of losing power...
Introduction Business management gurus have continued to proclaim that project management is the wave of the future; it entails planning, implementation, and management of various processes to meet particular preset goals and objectives. In course of management, the structured are made in a way that they can reduce negative effects...
Introduction Cultural differences affect how people make decisions because of differences in thinking, beliefs, and values (Hofsted, 2005). People argue that there is no permanent situation, and culture is not exceptional. Culture is subjected to change when people interact. Interactions constitute group formation, which is comprised of people who have...
Introduction In a contemporary business environment, organizations are recruiting and deploying people from different nationalities, cultural orientations, and ethnic backgrounds. The diversion has created a challenge for management on how to handle cultural differences among their human workforce. Culture affects someone’s behavior, attitude, performance, belief, and understanding; with diverse cultures,...
More recent theories on leadership take from the established theories from the past and enhance them to fit the present context. Many leadership models have been formulated, and are still being fine-tuned. Kouzes and Posner (2007) are examples of theorists who are vigilant in enhancing their constructs of leadership and...
Introduction Aveng is a leading infrastructural development company in South Africa. The company consists of seven different groups that have amalgamated together to form one of the leading infrastructural development companies in the world. With the competitive advantage that the company has, Aveng has been a leader in various business...
Introduction United Arab Emirates (UAE), just like most regions of the world, has considerably adopted e-commerce in facilitating most of its business transactions (OpenNet Initiative, 2009b). However, various issues surround the formulation, adoption, and implementation of e-commerce in the region. More so, these issues are characterized by the cultural and...
Abstract The research paper on organizational behavior and strategic human resources management critically evaluate evidence on motivation at work and what managers can do to increase motivation and productivity in their organization on part one. In part two the paper discusses career anchors and Career Orientation Inventory (CIO) and I...
Abstract This paper discusses leadership in a cross-cultural organization setting. It begins by highlighting the importance of effective leadership in a cross-cultural organization followed by the significance of cultures and the need to appreciate different cultures. Reference has been made to various cultural dimensions as propounded by Hofstede. In addition,...
Introduction The company needs additional capital to finance its business expansion project and in particular, the capacity expansion projects. The planned capacity addition under the next five years is setting up a new production plant and adopting the most sophisticated production technology. The company plans to spend approximately £ 500...
Abstract The recession has affected the world economies since 2008. Due to the connectivity of world economies, what started as US economic problem was replicated to other economies in Europe and Asia. Unfavorable climatic conditions in less developed countries of Africa only aggravated the worse situation. Many citizens who depended...
Introduction The aspects of communication differ from one culture to another. Intercultural workplace creates various challenges to effective communication, besides the common barriers created by varying competence in the primary language of communication. According to Ting-Toomey, communication is an expression of one’s realities and varied cultural perspectives that construct their...
Introduction Globalization has fuelled the development of economic blocks among countries that originally lived thousands of miles away from one another. It has enhanced the development of economic integration between Canada, Mexico, and the United States of America through international trade activities. In a global world, with lots of different...
Introduction The following essay examines conflicts between ethics and organizational demands. However, it is important to first determine what ethics and organizational demands entail before examining the conflict that exists between the two. Ethics entails the morality of a character i.e. the nature of being right or wrong. It is...
Introduction Shift work refers to a type of employment practice that incorporates the 24-hour system as part of its work structure and design. Shift work refers to how employees within an organization work for two shifts that are usually scheduled to occur in one day. According to statistics released by...
Introduction Organizations have the challenge of keeping up with the changes that happen around the globe. These changes have brought about the introduction of technology and new ways of management in business organizations. Organizations also face the challenge of maintaining their reputation, revenues, and gradual growth in a constantly competitive...
The government imposes a very important part in the home country’s international transactions and global strategy. The research focuses on gathering professional journals on the government’s task in the global market place is to aid the country’s multinational companies in their goal to sell their products and services around the...
Introduction Internal prices are the rates of prices, which are made use of when making transactions involving goods and services between company divisions and departments or to a greater extent between a parent company and a subsidiary. Over the past century, large corporations have used internal prices in the aim...
Department Of Training and Workforce Development The Department Of Training and Workforce Development is a West Australian policy development organization that serves to support the State’s sustained economic expansion by leading and coordinating workforce development strategies and driving a responsive, flexible training system within a State and national framework. It...
Introduction The communication business has evolved from customary telecommunication systems. The older methods of communication suffer unpredictability and result in inconveniences for users. The business people then resolved to invest in research efforts to develop better communication technologies. Presently the marketplace is bursting with exceptional and extremely sophisticated communication gadget,...
This research proposal, tackles the researcher’s interest in answering the research question of How to overcome the failure of knowledge Management implementation in Organizations. The proposal includes a brief introduction about the broad topic of the field, which is “Knowledge Management”. According to Gurteen, (1998) “Knowledge management is then defined...
Introduction Buyer behavior is the decision-making process and acts that are involved in the purchase and use of products. A firm needs to understand these behaviors to create marketing strategies for the sale of its products. This will help the firm in creating a marketing niche for its products and...
The Research Question The purpose of the study was to determine the conditions that can lead to creativity in the work environment when employees are dissatisfied. The article revolved around one main research question, which is, under what conditions can job dissatisfaction lead to creativity. In other words, what are...
The board and its committees should have the appropriate balance of skills, experience, independence, and knowledge of the company to enable them to discharge their respective duties and responsibilities effectively. Introduction Many leaders would agree that the success of future Corporations lies with the board of directors. They have a...
Introduction According to Adkins (2005), “a human resource strategic plan must align an organization’s human resources with its direction and priorities”. An organization’s human resources are considered the pillars supporting a business’ strategy. To fulfill its objectives, a business must ensure every member of the organization is well informed on...
Abstract Although most managers appreciate the significance of good interpersonal skills in the present competitive business world, still in some societies, this concept has received very minimal recognition, because it is a skill that some managers do not possess, or if they possess it, they do not put it into...
Research topic: How effectively does the establishment of indebtedness law deal with rural and urban indebtedness in Sri Lanka? Introduction Sri Lanka gained independence in 1948 from Britain. In the post-independence period, the country has witnessed growth and transformation of its main economic aspects especially in the rural areas (Lea...
Introduction The Saudi Arabian economy remains one of the strongest in the region, and indeed the world. According to a 2011-2012 Global Competitiveness Report by the World Economic Forum (WEF), Saudi Arabia was ranked position seventeen from 21 in 2010-2011 (Kingdom of Saudi Arabia, n.d). The Saudi Arabian economy has...
Introduction Decision-making strategy is a fundamental strategy in Strategic management. It entails exploration of options, weighing alternatives, and settling for the most appropriate measures that will sustain the survival of a business entity. In a nutshell, strategic decision-making is used to determine the business direction and the path among alternatives...
Executive summary When an organization is formed, there is a need for a culture that is understandable and convincing not only to customers but also to employees. Nevertheless, the formed culture should be maintained by ensuring that it manifests itself positively to both the internal and external environment. However, culture...
Abstract The performance learning systems and how they do affect organizational behavior have been reviewed and discussed in this paper. The performance dashboards and balanced scorecards in an organization and the way, the managers or the leadership of the company can use them to get the best output of the...
Introduction A successful company is able to create and keep customers. This is through the provision of better value to them than their competitors do. This is what the Boston Beer Company has been doing therefore becoming one of the biggest brewing companies in the United State (Samuel, 1998). In...
Introduction McDonald’s, headquartered in the US, is the leading global retailer of food services (McDonald’s, 2011, p.1). Currently, the company’s number of global restaurants stands at 33000. These restaurants, more than 80% of which are franchised, are distributed in 118 countries and serve an approximate 64 million people and above...
A plan to reduce organizational stress during and after the organizational change process at IBM Conducting a stress audit This involves identifying the sources of stress that are related to the change process within an organization. This includes identifying the fears that the employees have concerning the change, the difficulties...
Introduction There are two key features when it comes to remuneration. First of all, a compensation package is a way to attract and retain top talent. Secondly, remuneration is a drain on the resources of any organization. In other words, resources are scarce and have to be managed carefully (Kroon,...
Abstract Systems of credit targeting the poor people have evolved tremendously over the past three decades inspired by the pioneering innovations from the Far East. Microfinance Institutions are nowadays viewed as a very important tool in fighting poverty in society. Microfinance institutions are continuously growing and innovating new products that...
Abstract The economy usually operates on cycles and so do the environmental features of businesses thereby demanding managers to be always alert and on the lookout for any changes (Balogun& Hope-Hailey, 2008). Both the external and internal environments are dynamic and hence it is not right to assume that business...
Abstract International trade refers to trade among countries; it is an important element in globalization. However, international trade is faced with barriers to trade imposed by governments in their efforts to protect their economies. Barriers are both trade and non-trade barriers. These protectionism barriers end up hurting the same economy...
Abstract The purpose of this paper is to analyze the impact that geographic scope has in influencing the values of multinational companies (MNCs) based in the US; it does this by retrospectively examining the data for US-based multinational companies for one year in 2006. The intention is to explore the...
Introduction Knowledge management is currently being hyped as the basis for competitiveness in the world of business, whereby knowledge instead of physical; assets will be the key to competitiveness (Gold, Malhorta & Segars, 2001). Today the attitudes towards knowledge have changed, whereby organizations are starting to appreciate the need to...
Introduction Greece is one of the European countries that were adversely affected by the recent financial crisis. Its financial markets experienced a lack of sufficient credit facilities and liquidity (Althanassou 364). The government, on the other hand, had a huge budget deficit. At the moment, the government is heavily indebted...
Introduction Market-based management refers to the approach of management whereby all the corporate functions are defined in terms of market equivalents. Charles Koch, the CEO of Koch, the largest privately owned firm in the US founded this theory. He found out that successful societies had some features or ways of...
Introduction The long-term success of an organization depends on the capacity to attract, retain, enhance and effectively utilize the most talented human capital of its employees (Schwind, 1998). We are living in an era when employees are only as devoted to the next paycheck. People are more willing to search...
Introduction Background Information The World Trade Organisation (herein referred to as WTO) traces its roots back to the late 1940s. It was formed by the General Agreement on Tariffs and Trade (herein referred to as GATT) between various countries. The agreement was signed in the year 1948 (Tarr, 2011). The...
Executive Summary Rayovac has been in business for over 100 years since it started the business back in the year 1906. The company is currently the third latest battery manufacturer in the world after Energizer and Duracell. The sales department’s Vice President, Bob Falconi, is considering maximizing the potential in...
Introduction Effective marketing of services is vital in a firm’s effort to attain a high competitive advantage. To attain this, firms’ management teams must consider various marketing concepts. Some of these relate to internal marketing, customer satisfaction and loyalty (Bansal, Mendelson & Sharma, p. 76). This paper outlines a comprehensive...
Introduction The purpose of this report is to discuss the function of marketing in achieving business success for a mobile telephone operator such as Virgin, undertake a situational analysis of the Indian mobile phone market, Virgin’s micro-segmentation strategy in India, advantages and disadvantages of this approach and the importance of...
The idea of multiculturalism and globalization faces numerous debates; however, this phenomenon is an important part of democratic citizenship development and nation-building. Nowadays, globalization is an inseparable characteristic of the social development connected with citizenship and leadership, which complements the multiply society. Analyzing the works of various researchers, I would...
Project procurement managers can point out the importance of their projects and defend them against budget cuts (Stover 2009). Proper records of performance benchmarks and projections would play an important role. They validate future return on investment, which would be an innovative preparation by a company for the period after...
Introduction Supply Chain management (SCM) is one of the terms basically used within business setting in manufacturing, distribution, marketing, customer management amongst other business related transactions. Supply Chain Management encompasses such elements as logistics, which are widely used in the practical and academic fields of study. Companies operating within the...
Introduction Managers in the contemporary are faced with the new challenge of creating working environments that are attractive and motivating to their workforce. As it has been revealed, employees’ level of motivation is directly proportional to their productivity in their workplaces. On this basis, organizational management should create a work...
Introduction Market-Based Management aims at ensuring the success of an organization by transforming its focus and structure into more accountability for each action taken by each member of the organization. The concept relies on the Austrian school of economics views of the benefits of management and realization of profit under...
Introduction The British American Tobacco PLC is the second largest international tobacco holding in the world. The company has pride in trading tobacco in more than 180 markets worldwide, while moving over 300 brands in the market. The BAT Company is committed to the manufacturing and processing of tobacco in...
Introduction Research usually calls for this section to give an overview of the topic under investigation. This has been met satisfactorily in my own view since the reader has given an overview of leadership in the UAE as well as the trend in economy and performance of the public sector...
Introduction Total quality management is defined as; the approach used by management to improve the quality of production and the organization’s performance to fit the needs of its customers. Quality management in this case is inclusive of all the elements of the organization related to the development, improvement, and maintenance...
Introduction Making a decision especially in an organizational setting can prove to be challenging. This is so because it is not always that the decision made will favor all the parties involved. When making a decision, it is of great importance for one to ensure that all pertinent issues are...
Introduction The major factors contributing to the need for change are changing business demands in a global economy, technological developments, and changing workforce demographics and values. Today’s business is increasingly consumer-driven and segmented. New technologies have made it possible to achieve profits at lower volumes in “niche markets.” Aims of...
Abstract As explained by Taylor (2002), “strategic HR management involves more than just the administration of human resource programs or activities”. Effective human resource management involves applying these strategies to employees’ management. Among these strategies today is reward management. “Reward management involves the analysis and effective control of employee remuneration...
Introduction Culture is one of the terms which play a crucial role in human life. As a rule, culture predetermines the way of how people have to behave under certain conditions, what people have to think, and how they should react to the events which happen around them. It is...
Introduction The defining characteristic of the Brazilian economy is its steel industry, which ranks it as the world’s number nine steel producer. Before the 2008/2009, global economic crisis the industry grew at a rapid rate and managed to put Brazil at a good economic pedestal, ahead of its other developing...
Abstract This paper looked at the role of microfinance in bringing about the empowerment of women in Sierra Leone. The paper draws its focus from a 2010 research paper on the same topic commissioned by KfW Entwicklungsbank of Germany (Roxin et al, 2010). While economic empowerment has been touted as...
Introduction The calculated and sensitive approach to the management of a brand’s image is essential in maintaining a competitive edge and reversing the volatile and diminishing tide of brand loyalty. The basic meaning of a product has a bearing on the consumer’s choice. A brand’s personality referrers to the human...
Executive Summary The housing market in the UK is very volatile and has been found to have strong relations with macroeconomic indicators and monetary policy. The housing market has gone through cycles of boom and bust, which coincided with the business cycles of the economy (Ewinga & Wangb, 2005). Two...
Executive Summary Infosys had plans to venture the Chinese market in the course of 2002. However, its plans never materialized until the year, 2004. The key reason behind the entry into the Chinese Market was the escalating Indian software professionals’ salaries. The salaries were escalating due to the increasing demand...
Introduction Student in the fashion merchandising industry learn how to manufacture, purchase, advertise and sell fashion materials. In the process of advertising, selling, and buying the student requires knowledge on both fashion merchandising and mathematics. Mathematics is usually a basic subject in most disciplines. A quality mathematics program is essential...
The globalization process has affected every facet of today’s social lives including politics, culture, economy and education in Romania. Effect of globalization in Romanian education can be seen by the changes that the Bologna Accord brought to its higher education systems. This Accord was meant to create a European Higher...
Introduction HealthSouth Corporation is the greatest proprietor and operator of inpatient therapy hospitals in the US. The corporation runs in about 25 states and serves patients via its network of rehabilitation health centers, outpost clinics and residence health outfits. The company seeks to offer a superior height of rehabilitative care...
Introduction Saudi American Bank, currently referred to as Samba Financial Group, is a leading financial institution in Saudi Arabia. Started in February 12, 1980, this bank has grown and currently has branches in United Kingdom, Pakistan, Dubai, and many other regions in Asia. In Saudi Arabia alone, the bank has...
The United States’ corporate sector has witnessed a number of serious ethical malpractices in the last decade. It is against this backdrop that the U.S Congress enacted the Sarbanes Oxley Act [2002], commonly referred to as SOX to address ethical issues in the corporate sector. Although some provisions of SOX...
Leadership refers to the process of guiding the behavior of others towards the accomplishment of certain goals. Effective leadership is the ability to influence others to willingly accomplish certain tasks at a high standard and quality that exceeds expectations. Effective leadership is an essential aspect in the success of any...
Introduction Contemporary business leaders are enacting policies that support incremental changes that invoke visions of high-speed, diversity, competitiveness, and energies that create momentum required to overcome the inevitable inertia within organizations that builds over time. The main challenge that leaders have to contend with is developing the right pace, sequence...
Abstract This research focuses on the use of training and development to control stress. Employees are an important resource to an organization that whenever anything happens to them, the performance of an organization is affected. Employees are affected by various factors emanating both from the work environment and their home...
Why Taylorism is not an appropriate theory of motivation for engineers within a modern workplace setting Engineers within a modern workplace setting need to be highly motivated to be able to come up with innovative products. Without innovative products, it is easy for a company to loose its markets. New...
The safety issues play an important role in implementing the company’s strategies and cannot be underestimated. The lack of attention toward the methods of strategic implementation can significantly reduce the effectiveness of the company’s processes and the performance indicators. The lack of understanding Between Don as the Vice President and...
Assessments to be conducted in order to understand the client’s problems and formal assessments Team effectiveness One of the theories that will be useful in assessment of team effectiveness will be the five element model proposed by Jex and Brix (2008). It should be noted that team effectiveness refers to...
Throughout history humankind has progressively evolved from one epoch to the other, in terms of technology and activities. Of all living beings, humankind is the only rational being. This aspect has seen humankind desire to dominate and subjugate the world. Wars of conquest have existed since humankind surfaced on the...
Introduction The business world today has undergone a complete transformation with the introduction of E-business supporting online technology. This kind of business is organizationally specific and more complex such that it has become one of the best ways of understanding the present and future organizational needs of businesses through large-scale...
Change Management and Project Management in ERP Systems Implementation An ERP implementation results in massive changes in the implementing organization’s culture and business processes (Aladwani, 2001). Without a proper management of the disruptions, the benefits of the ERP system cannot be realized (Cookie & Peterson, 1998). Companies that are unable...
Background of the Toyota Motor Company Toyota Motor Company is one of the largest manufacturers of the automobile in the world. The main competitors of Toyota include the Ford Company, General Motors Company and the Honda Motor Company Ltd.he company has its headquarters in Toyota City, Japan (Hino, 2006, 271)....
Introduction Although it is not an indigenous crop, maize is a very important staple food in Kenya. Kenyans consume large quantities of maize either as whole or sifted. Whole maize may be roasted, boiled, or may even be used to make common relishes. (Kamau, 2002) On the other hand sifted...
Distribution strategies and issues Distribution is a salient aspect that augments value across the supply chain. The significance of distribution’s function to the supply chain management (SCM) can be illustrated through typical examples of supply chains such as FedEx, Wal-Mart and UPS. The foundations of such operations are deeply embedded...
Introduction and Review of Case Study The article, the people cried, is a representation of management of an institution that was faced with challenges. There were cases of employees’ layoffs that were causing tension between the organization’s management and the ground workers. This remained a normal phenomenon until some new...
Introduction The content by the researcher is articulate and clearly explains that strategy and planning serve as a backbone for which many organizations can be able to carry out their operations efficiently so as to achieve their corporate goals (Towers 2008, 44). This document clearly demonstrates a clear understanding of...
Introduction The Goal is an entertaining book which presents new theories for organizational finances and plant management. The protagonist, Alex, is caught in a common dilemma. Two very demanding situations require his attention: his marriage and the saving of his employment at the local plant. The competitive nature of modern...
Introduction Every business enterprise seeks a competitive advantage over its market competitors. Market changes and fluctuations creates a certain response that a business deems appropriate to handle or rather tame the changes in a market situation. Changes can involve overhauling of part or whole strategies currently in place. Traditionally, production...
Introduction Initial public offering (IPO) underpricing is a global puzzle consisting of a mechanism characterised by significant price differences that firms use to optimise and increase their equity bases. Alzomaia (2014) examined the theory of IPO underpricing and used empirical evidence to explain it as a result of information anomalies...
Introduction My company is a large oil and gas corporation with 88 locations in various countries. As a result, it faces the issue of the development of its international organizational ethics, which is complicated by the company’s natural diversity and which has already lead to conflicts in the past. The...
Comparing and Contrasting Three Relevant Theories Decision-making is important in ensuring that problems that befall people remain well solved. In day-to-day live, people encounter different obstacles that require different approaches to solving. Therefore, a decision has to be made. In the light of these expositions, various theories have been developed...
Leadership is a phenomenon that is actively discussed in relation to many spheres of social interactions, including business, education, and management. In their book A Leader’s Legacy, Kouzes and Posner discuss leadership in the context of a legacy that can be viewed as a person’s contribution. According to authors, this...
Rawabi Holding can receive significant benefits after reorganizing its corporate social responsibility (CSR) and charity programs. Outcomes can be even better after creating a new position of Chief Coordinator (Supervisor) to control and manage these programs. The main focus is on improving the corporate image and reputation of the company...
Introduction Occupational stress is nearly impossible to avoid in the working place. In most cases, it has a significant negative effect on the emotional and physical wellbeing of employees as well as the level of their performance (Hiriyappa, 2013). It means that work-related stress is not beneficial to a company...
Introduction Armitage and Nye define the concept of power as “the ability to influence the behaviour of others to get a desired outcome”.1 In the globalizing world, the countries begin to interact with one another more often and more closely. Over the course of the centuries, it was demonstrated that...
Introduction Every company always strives to emerge the best in the competitive business world. Primarily, it is a prerogative for a company to offer quality products and services in order to survive. Products and services offered by a company or business should at all times satisfy the customers. Accordingly, there...
