200-Word Business Essay Examples

Company Analysis

Phlora Inc.’s Company Analysis

Phlora is a company founded by Dr. Ricardo Hernandez and John J. Jackson Sr. The company focuses on changing global agriculture for the better by strengthening the plants from the start (Phlora). It is located in Ralegh, North Carolina, and it collaborates with the University of Arizona and NC State...

Management

The Role of Manufacturers in the Supply Chain

The role of manufacturers in the supply chain is typically seen as restricted solely to production. However, the specified understanding of their function within the scope of the supply chain management (SCM) could be interpreted as reductive since it does not provide the full extent of the nuances that manufacturers...

Business Ethics

Religious and Ethical Traditions: The Implications for International Business

A country’s dominant religion and the ethical system can affect interpersonal relationships, corporate culture, and economic growth. A high degree of cultural sensitivity is required due to the diversity of religions practiced worldwide. Recognizing the differences between “believers” and “nonbelievers” and being aware of religious holidays can improve interpersonal relationships....

Business Ethics

Triple Bottom Line Aspects

According to the triple bottom line (TBL) concept, the project’s financial, social, and environmental indicators must be taken into account. While commercial companies consider financial success as the main indicator of performance, companies with the TBL approach consider it only as part of the business plan. Socially responsible companies take...

Business Ethics

The American Marketing Association’s Ethical Code

Aligning with the key principles of ethics is one of the critical tasks for any organization willing to reach success in the target market. The American Marketing Association (AMA) has developed an ethical code that allows it to remain flexible while keeping the ethical standards rigid and, therefore, managing ethical...

Case Studies

Charles Schwab Firm’s Creditor-Debtor Relationship

Regular loans allow to establish relationships with borrowers in Charles Schwab through securities or cash. The borrower undertakes to return the amount of money taken or things of a similar property and quality. The parties to the agreement with which the creditor-debtor relationship is established in the Charles Schwab organization...

Case Studies

Walmart Corporation’s Case of Using Robots

In my opinion, the cost of robots is fixed because once the expenditure is done to purchase, there is no other additional expenditure (expect cost incurred for their upkeep and maintenance). In addition, when using robots, costs do not change with an increase or decrease in the number of goods...

Case Studies

Gender and Race Discrimination at Workplaces

The press release where the U.S. Equal Employment Opportunity Commission (EEOC) sued Walmart for gender and race discrimination. The compliance issue regarded employment discrimination based on sex and skin color. EEOC sued Walmart for failing to promote one of its employees to a management position at its Ottumwa store since...

Strategic Management

Evolutionary Cycles and Strategic Leadership

In an ideal organizational context, the structural support for the strategic framework utilized by an organization represents a homogenous framework where all elements are connected and coherent. However, in the real-life setting of an actual market, the balance between strategy and structure is highly fragile and rare, with most of...

Management

Management: Why Is It Necessary to Study?

The study of management is a valuable type of education because professionals, who have sufficient knowledge of it, can work in any sphere. The first argument in support of this position is that the logic of modern economics presupposes that managerial skills are required for every business. It is evident...

Employee Management

Compensation and Benefits in an Area of Human Resources Development

The current paper summarizes the video ‘Compensation and Benefits’ by HR Learning Hub PH. Compensation and benefits is an area of human resources development and generally refers to the policy of tangible rewards for employees in the company (HR Learning, 2020). Compensation is the primary source of material rewards in...

Management

Lean, Six Sigma, and Lean Six Sigma

The main similarity in the three quality improvement approaches is that they all have the ultimate objective of minimizing waste and enhancing a system’s efficiency. In simple terms, all three methods identify why waste is generated despite the different ways each approach uses to achieve its objectives (Sweeney, 2017). On...

Organizational Management

Anchoring Change to Organizational Culture

There are several efficient and commonly accepted models used to approach changing organizational culture. Some theories used for this research include John Kotter’s leading change model, the configuration model of organizational culture, and Schein’s model of organizational culture (Sittrop & Crosthwaite, 2021). A change initiative that can be analyzed in...

Strategic Management

Online Buzz Monitoring in Business

Mediatoolkit is a professional tool for monitoring, analyzing, and managing reputation in social networks, which allows one to use all the possibilities of social media to promote and develop one’s business. Mediatoolkit monitors a large number of sources and sites, including social and web resources. Such sources of information include...

Employee Management

Patagonia: Analysis of Team Processes

Patagonia’s social compliance program has made the company an attractive place to work. To begin with, Patagonia is an organization that cares for a healthy environment in the working teams. For example, the company has organized unconventional meetings in locations like mountains to make its employees closer and create a...

Employee Management

How the Professionalism Can Be Defined

Everyone always speaks about professionalism – but it seems that not many people would be able to define the term if asked to do it. Simply put, professionalism is an individual’s conduct in a work environment that represents both them and their organization in a positive light. According to Brooks...

Marketing

Discussion of Database Marketing

Database marketing is a form of direct marketing focused on using statistical methods for analyzing consumer behavior, which underlie the choice of contacts for the implementation of advertising communication. Using mathematical data modeling, consumer behavior models are developed that enable a company to allocate marketing resources efficiently. Database marketing assumes...

Employee Management

Lack of Women in National Basketball Association

NBA Overview The National Basketball League is an organization operating in the sports field, with a focus on basketball. They sponsor and manage a number of basketball teams, promote media coverage and organize events throughout the US. While a portion of the staff manages the actions of basketball athletes, their...

Marketing

Pizza Hut Restaurant’s Porter’s Five Forces Model

Competitive Rivalry Pizza Hut competes with Domino’s Pizza and Papa John’s, two other big international pizza businesses (Teoh, 2021). They are all involved in worldwide business, fast food franchises, dine-in, and delivery services, which puts them all in direct rivalry. Other pizza suppliers were squeezed due to the top three...

Marketing

Apple Inc.: Marketing Philosophies

Apple is currently one of the most successful companies in its industry and overall, serving as an example of how to manage and market a business. However, achieving a high status would be impossible without a solid foundation manifested in certain ideas held by the CEO and other top personnel....

Business Ethics

Development of an Ethical Culture in Organizations

Introduction Ethics are moral principles that guide an individual in conducting themselves or the manner of executing an activity. An ethics program is a set of values and principles that steer policies in an organization. Ethical managerial leaders and their employees take the right path in making decisions ethically. My...

Employee Management

Millennials’ Cohort and Associated Stereotypes

Generation Y is united not only because of its members’ age but also because of their experience of a severe financial crisis and the beginning of the technological advance. They are more familiar with the technology than their predecessors and feel somewhat comfortable in the modern world. However, as it...

Marketing

Wizz Air Firm’s Marketing, Branding, Advertising

4 Marketing Ps Wizz Air is one of the largest European airline companies in the growing and turbulent low-cost airway market. It focuses primarily on building its expansions by saving any possible costs, as many customers prefer the low prices and speed to high-quality airlines if it means saving money....

Company Analysis

Why Selected Columbia Sportswear Company as a Competitor to Patagonia

Columbia Sportswear Company is one of the largest manufacturers of outdoor apparel, footwear, and equipment which simultaneously has openly stated its commitment to sustainability, which makes it relevant for comparing with Patagonia. Columbia, despite being a well-established brand in the outdoor fashion industry, still recognizes its social responsibility in many...

Case Studies

Securities Exchange Web Site Exploration Case Study: Microsoft Corporation

A Form 10-K is a report filed by publicly traded companies annually about their financial performance according to the Securities Exchange (SEC) Act requirements. It usually contains more information than the organizations’ annual reports to shareholders. The information includes the company’s history, financial statements, subsidiaries, organizational structure, earnings per share,...

Marketing

A Marketing Strategy on a Company’s Website

The marketing strategy on the website homepage of a corporate depends on the product offered by the corporation. The biggest video game firms, such as SONY, EPIC GAMES, ELECTRONIC ARTS, and NINTENDO, opt to show entertaining videos of the games they create on their site. The largest movie corporations, such...

Case Studies

Amazon Company Description, History, and Reasons for Success

Amazon is the largest and number one E-commerce company based in the USA that sells its services online. It is a store that consists of electronic and media, furniture, home and design equipment, clothes, jewelry, and other items. The founder of the company based in Washington is Jeff Bezos (Jordan,...

Company Analysis

Amazon Advertisement and Marketing Strategy

Amazon is a multinational company whose headquarter is in Seattle City. The company majors in digital streaming, artificial streaming, and e-commerce. The organization has established various methods of marketing its products and services. Other than Times Square in New York, Amazon-Out-Home Ads could be placed in the Orange County town...

Marketing

The Patagonia Company’s Target Audience

The purpose of the report is to present the results of the customer profile survey for Patagonia. Based on the analysis of the customer profile, conclusions are also drawn about the promising marketing segment and promotion channels. The significance of the study is supported by the fact that currently, there...

Strategic Management

The Change in the Funeral Service

My biggest surprise regarding the change in the funeral service is the way this industry has begun to use technology in its practice. In particular, companies providing funeral services have started to offer live online broadcasts of funerals. I think that this change happened because governments imposed social distancing and...

Management

Amazon Leadership Practices

Jeff Bezos often starts changes in Amazon to make it correspond to current challenges. However, his attempts are not always successful. Many criticized Bezos because his employee and customer policy are not always correct and transparent (Berg, 2019). However, he took significant steps to improve the company to meet the...

Case Studies

Case Study: Consulting Firm’s Lost Paradise

The structure of the consulting company is flat, with an insignificant number of positions between the basic employees and the management. One example is the intermediate Human Resources department which was used through outsourcing in the absence of such positions within. The advantages of a flat organizational structure are an...

Leadership Styles

Democratic Style of Leadership and Its Benefits

As the president of the company, I would like to introduce and elaborate on the democratic style of leadership. Essentially, it is an open leadership style that works to include all group members within a decision-making process. As such, it creates motivation and incentive among employees as their superiors value...

Management

Things to Learn from eBay Success

Summary The well-known eBay success story has become a cherished dream for many aspiring entrepreneurs. Many economists have also become interested in the eBay case. They have begun to conduct multiple studies on why this particular e-business model has succeeded so much and what roles e-business categories have played in...

Management

Conflict Management in the U.S. Navy

Conflict management exists as one of five supervisory competencies within the organization of the U.S. Navy. The structure of conflict management style within the U.S. Navy is structured through proficiencies. The first includes awareness, which openly invites discussion of an issue and does not ignore it (NAVFAC, 2021). The second...

Employee Management

The Public Service Motivation: Key Approaches

Recent PHRM reform efforts have focused on performance-based pay and employment at will as their main tools. However, studies have shown that public employees are often motivated by the opportunity to serve the common good. Understanding the reasons for this, public HR managers and employees can improve a number of...

Employee Management

“Labor Shortage Pressures Grocers…” Article by Wells

The article highlights the critical factors associated with human resource management, such as hefty signing bonuses, schedule flexibility, and future advancements. COVID-19 changed the situation on the market, closing and limiting the operation of some businesses such as salad bars and cafes. The unstable state of the market leads to...

Employee Management

Importance of Power, Influence, and Politics for Employees Promotion

A great contribution to the topic “Ethical Application of Power, Influence, and Politics by an Employee to get a Promotion.” Most people view the negative perspective of the concepts, but workers have to master ways to enhance elevation in their careers. Expert power can be a very efficient approach to...

Case Studies

Off-White Case Study: Summary of Success

Streetwear clothes are an emerging trend in the fashion industry. According to the history standarts, the first fashion brands dedicated to streetwear were created only recently (about ten years ago). One such brand is Off-White, founded by businessman Abloh Virgil in 2013. The Italian fashion house produces luxury clothing and...

Case Studies

Budget Variance: A Case Study

The three essential reasons that put a strain on the organizational budget are advertising, travel expenses, and the client party event. Not only do these represent the root of the existing budget variance, but they also highlight the weakest points in the company’s approach to budgeting. The management should have...

Case Studies

Brooklyn Community Service’s Capital Budgeting

Capital budgeting is the procedure through which a company evaluates possible large projects and investments. A new plant’s development or a large investment with an outside enterprise are two instances of undertakings that would need capital planning prior to getting authorized or denied. Capital budgeting is sometimes referred to as...

Company Analysis

Walmart as a Supply Chain Leader in the Retail Industry

Walmart was founded in 1962 by Sam Walton: an American businessman and entrepreneur (LSBFGlobalMBA, 2010, 0:05). The company since then has grown to be the largest multinational retail corporation that dominates the American market and the global market. Walmart became a supply chain leader in the retail industry primarily due...

Company Analysis

Apple Inc. Technological Innovations

Apple will produce its first autonomous car by 2024. Apple Inc., widely known for its technological innovations, has invested in the independent car segment. In the past about one decade, the company has focused on developing its software and reassessing its goals for this project. It has worked with among...

Case Studies

Discussion of Augusto’s Exit Strategy

Small businesses owners often do not have an exit plan because this is an emotional topic for most of them. This was not the case for Bernice Augusto, who owned a pizza restaurant and lounge in Tottenham. She operated her small business for thirty-two years, and describes this time as,...

Employee Management

Aetna Firm’s Inclusive Work Environment

Aetna anchors its business growth and profitability on the diversity of its workforce, to meet the demands of multi-cultural customers. It believes, having employees coming from different cultures, sexual orientation, racial, training backgrounds and experiences, give them business leverage to maximize their productivity and creativity. The strategy is driven by...

Employee Management

Job Satisfaction Surveys in Nalduir Consultancy

Having collected and analyzed self-report job satisfaction surveys we in Nalduir Consultancy thoroughly investigated the reasons for low job satisfaction and stress on the part of minority workers. According to our findings, subconscious discrimination lies at the heart of these problems. This subconscious discrimination manifests itself in lower chances for...

Employee Management

Why Evaluating Training Is an Important Part of Strategic Training

Training as a part of the HRM framework accepted in organizations to support employees’ professional development and introduce an effective talent management approach. However, prior to introducing a training framework into the target setting, performing an evaluation of the selected training strategy is needed. By assessing training as an HRM...

Employee Management

Importance of Performance Appraisals

Performance appraisal is a regular practice in big companies that allow supervisors to assess the productivity of their workers over a specific period. Even though it can be a challenging task for a manager, it is a part of their job, and they make many mistakes while appraising the staff....

Company Analysis

Aegean Airlines’ Environmental Scanning

Having the largest number of passengers carried, Aegean Airlines is currently the largest airline in Greece. The company operates scheduled flights to more than 150 destinations, and customers from all over the world have voted it as the Best European Regional Airline (Aegean Airlines, n.d.). This essay argues that Aegean...

Management

Work Breakdown Structure Tool for Project Managers

The Work Breakdown Structure (WBS) is a must-have tool for any project manager that benefits the project organization process and helps avoid mistakes. WBS is based on collecting all the necessary information, requirements, and scope of work for a project and breaking it down into its constituent parts or deliverables...

Management

Managerial Analysis of Marriott International Inc.

Business growth requires relevant management strategies to solve problems and improve performances in complex and competitive environments. The paper, therefore, selects Marriott International Incorporation to discuss the managerial functions and approaches to dealing with issues and strategic recommendations necessary to improve the organization’s operations. The managerial functions in organizations include...

Case Studies

Snazzy Jazzy Footwear’s Outsourcing Benefits

Snazzy Jazzy Footwear’s Make-or-buy Decision Calculations performed and shown by Bell show that internal manufacturing is a better alternative for Snazzy Jazzy Footwear. In part B of the task, the company would still save $40 if it decided to produce laces using its facilities and resources (Bell, 2013). While the...

Marketing

Wholesalers, Retailers, and Marketing Systems

Prior to defining both wholesalers’ and retailers’ contributions to the marketing system, it is necessary to dwell on their definitions. While both related to the supply and value chains, wholesalers cooperate with producers to procure large quantities of goods and then sell the goods to retailers. The latter, for their...

Marketing

Healthy Snacks Company: Business Proposal

The concerns of the present-day population of the United States regarding their health are critical for market offers that correlate with them. From this perspective, the emerging needs can be addressed by developing a healthy snacks business project. The proposed company, Sweet n’ Healthy, is an excellent solution to the...

Marketing

Pinkberry Company’s Customer Engagement Marketing

The case of Pinkberry is a demonstration of a highly loyal target market. The demographic base of segmentation is mostly occupied by younger individuals who enjoy healthy and delicious yogurts. The psychographic base of segmentation is mainly comprised of optimistic people who care about their community since the company actively...

Employee Management

Conflict Resolution in the Workplace

Introduction In modern society, the problem of finding proper ways of resolving conflict in the workspace is undoubted of current interest. Any project, organizational work, or company requires multiple unique and effective tools that could sufficiently help the executives to erase the possibility of the beginning of an argument. This...

Employee Management

Transactional Leadership and Management

Being a manager in the XXI century has various challenges since there is a high level of competition these days that requires the constant development of employees. The main lesson that I have learned is that managers must be good leaders as they impact the performance and well-being of their...

Employee Management

Advantages of Retention Bonuses

Introduction Companies need employees, which makes organizations rely on various bonuses and appropriate incentives to attract and retain individuals. Signing bonuses motivate new workers to enter a company, while retention ones provide individuals with a financial incentive to stay with the organization. Some people believe that retention bonuses cause internal...

Leadership Styles

Leadership, Leadership Theory and Development

Regardless of the fact, that leadership has already been studied for more than 100 years, this concept still attracts the particular attention of researchers and practitioners as its core, functions, origin, and influence are not clearly defined. Nevertheless, it is impossible to deny the importance of leadership in the workplace...

Management

Researching of a Middle Way for Companies

I believe that companies need to seek the middle way, which will help to utilize the advantages of all the countries and minimize the tension inside the organization. Living by the dominant culture in the world of globalization appears impossible, as the organizations are managed differently in all parts of...

Employee Management

Major Consequences to an Organization if the Staff Is Not Culturally Competent

If employees are not culturally competent, the organization will have communication barriers, less productivity, and high turnover rates. When workers do not appreciate the differences among them, they do not make an effort to learn the uniqueness of others. This failure to understand other employees’ cultures will lead to communication...

Employee Management

Achieving Teams’ Successful Performance

Decision-making The success of any team and its ability to attain existing goals depend on several factors. Analyzing the team, it is vital to focus on its strengths and weaknesses. Thus, effective decision-making is one of the critical factors of any group. It depends on the ability to analyze the...

Employee Management

Coca-Cola Company: The Human Resource Management

Coca-Cola is one of the most successful multinational enterprises. Coca-Cola branches are located in almost 200 countries, and about 80% of the company’s revenue comes from its activities outside the United States (The Coca-Cola Company). The Corporate HR group sees its mission in developing and providing a core strategy on...

Case Studies

Yahoo! Company’s Business Strategy

The analysis of the company’s business strategy can contribute to the elimination of negative consequences and problems. Nowadays it is necessary to remain competitive in an ever-growing technology market. The basis of the Yahoo! strategy will attract advertisers and expand the user base. Thus, the company’s policy will be aimed...

Employee Management

Conflict Management at the Workplace

Conflict is a situation or combination of circumstances in which the differences between two people, groups, or individuals and groups are unclear or unresolved. The conflict has traditionally been viewed as a terrible and unpleasant experience. Conflict can be beneficial or harmful, but how people handle it is entirely up...

Employee Management

An Undocumented Worker’s Struggles After a Work Injury

A work-related injury is always a hard blow to both the injured person and his or her family, especially if the person is working undocumented. This is because many employers believe that accidents at work are not so difficult to hide. Indeed, the biggest problem in obtaining compensation for injured...

Business Ethics

Fashion Company’s Corporate Social Responsibility Plan

There are many ways of how the fashion industry or any other business field can be improved, and promoting organizational change and sustainability are the steps to be considered. The main idea of a corporate social responsibility (CSR) plan is to create business values that enhance competitive advantage and uphold...

Management

An Individualized Approach to Stakeholders’ Needs

“The adoption of an individualized approach to the needs of all stakeholders appears to be one of the most beneficial ideas of Business Name over the past decade. It will boost the productiveness of its managers, who can keep in touch with all interested persons while not being distracted from...

Company Analysis

Netflix Firm’s Capital Cost of Distributing Content

First, in the streaming market, the capital cost of distributing content to businesses is expensive. Netflix has already expressed concern about this, as content expenses have risen faster than revenue in the past years (Ranjan et al., 2019). It is even improved for Netflix, which devotes itself to and produces...

Management

Analysis of Cost Terms Aspects

For proper assimilation of the material, an individual needs both a theoretical basis and reinforcement of ideas with the help of relevant examples. To my mind, some of the basic cost terms that are provided in the chapter are difficult to understand due to the shortage of the detailed embodiment...

Leadership Styles

Discussion of Transactional Leadership Style

Under the current employment setting, the majority of leadership figures utilize various forms of transactional leadership style, where transformational leadership style is rare and even non-existent. My leader strictly uses a transactional approach due to the organization’s low-risk tolerance since evidence strongly suggests that “any environmental effects on leadership style...

Employee Management

Public Human Resource Management Strategies

The capacity of Human Resources (HR) is to give the representatives the ability to oversee the problems with the employees. The reading by Battaglio checks on execution evaluation considering five fundamental changes: decentralization, performance-based pay, declassification, privatization, and deregulation. It gives a detailed explanation of the difficulties in HR caused...

Business Ethics

Business Ethics in the McCormick Maple Extract Case

The business situation described in the selected article has major ethical implications. The authors maintain that false statements are unethical even if they are not misleading (The Editors, 2018). Eagle et al. (2020) support the position and claim that the advertising/marketing industry is heavily criticized for the lack of respect...

Employee Management

Public Human Resource Management: Legal Eagles Will Soar, Right?

This essay will focus on the book’s third chapter, which is about employment law in the public sector. This chapter explains the five fundamental themes that discuss the legal tradition and Public Human Resource Management (PHRM) as well as the statutory law and case law governing public employment in a...

Leadership Styles

Transformational Leadership as Conceptual Framework

Transformational leadership was developed decades ago, but the framework is still regarded as up-to-date and effective in the current business environment. James McGregor Burns developed the theory in 1978 and described the concept of a transformational leader (Siangchokyoo et al., 2020). According to this paradigm, the leader transforms subordinates’ behavior...

Company Analysis

Procter & Gamble Co.’s Analysis

According to the Procter & Gamble Co. annual income statement, the company has demonstrated a steady increase in sales and revenue over the last five years. During this period, the business entity has witnessed sales growth, gross income increase, higher cost of goods sold, and others (WSJ, 2021). Simultaneously, it...

Employee Management

Employee Compensation and Retention & Performance

Employee compensation is one of the crucial elements of employee relationships. There are various discussions on the matter of how employee compensation should be calculated and how it affects job satisfaction, employee retention, and performance. The article “The effect of compensation on satisfaction and employee performance” (2017) by Darma and...

Employee Management

A Study on the Influences of Labor Flexibilization for Business Management

In the article “A study on the influences of labor flexibilization for business management” by Hsu et al. (2021), the authors argue that flexibilization of work affects the employees’ performance. The aim of the article by Hsu et al. (2021) is to investigate whether work flexibilization has a positive effect...

Employee Management

Employment Reforms and Merit Systems Efficiency

The merit systems can enhance the employees’ rights protection and represent the total performance level changes. Such systems can be helpful in the performance management process by providing equal working opportunities for all employees. Ideally, the merit system principles contribute to rational human resource management and equal employment opportunities. By...

Organizational Management

The Importance of Speech and Storytelling in Organizational Structure

Scaling Up Process Scaling up is a progression of steps through which the first aim of the speaker is inserted in discussion and afterward removed from it for the change into text. These are significant experiences in how the connection between text and discussion is a piece of a bigger...

Business Ethics

Corporate Social Responsibility: Definition, Examples

In my opinion, Corporate Social Responsibility (CSR) is a concept that encompasses policies and actions aimed at specific improvements for society, rather than the increase of profits. I believe that business organizations should represent socially responsible behavior in their activities since neglecting it is unethical and harmful for business. Pure...

Management

How to Find Volunteers and Keep Them Engaged in a Long Term?

The modern world is associated with the digital revolution, which transformed how people interact and the media through which this communication happens. This shift towards different media has changed how non-profit organization interacts with volunteers for their projects. Therefore, a non-profit manager must be able to adequately represent the organization...

Management

Favorable and Unfavorable Variances

It is common for companies and organizations to develop standard costs for their services and goods in order to then prepare their annual budgets and estimate revenue. The difference between the actual and budgeted revenue is known as the revenue variance, and this concept is rather essential for companies. The...

Management

Clients’ Engagement at the Micro, Mezzo, and Macro Levels

Client engagement is vital for the success of every business. It involves several skills, strategies, and sequential processes that the customer engagement practitioners carry out. Customer engagement improves and supervises the relationship between the customer and the company. The customer-company relationship is important in ensuring the customer is satisfied and...

Employee Management

Conflict Management: Definition and Aims

What surprised me the most about the definition of conflict is that conflict resolution is the removal of the severity of the conflict between the parties, which does not eliminate the causes. Conflict management is purposeful due to objective laws influencing the dynamics of the conflict in the interests of...

Marketing

Types and Functions of Market Intermediaries

Marketing intermediaries refer to independent firms, including agents, wholesalers, and retailers, who play an assistive role in the flow of goods and services from manufacturers to consumers. They fall into four categories, namely brokers and marketing agents, wholesalers and resellers, distributors, and retailers (Kotler, 2016). Marketing agents and brokers link...

Marketing

Wendy’s Company’s Market Segments

Wendy’s has the following market segments: millennials and young professionals who see Wendy’s as a dinner or lunch option. The first market segment is millennials, who are consumers between the ages of 25 and 40 years old (Bollani, Bonadonna, & Peira, 2019). In terms of psychographic characteristics, Wendy’s has a...

Management

Certification of Professional Human Resources

Certification of professional human resources (HR) is one of the excellent possibilities to improve professional growth as it may be necessary for civilian abilities to improve military professions. It is due to the current link between this documentation and HR quality and is to the advantage of the company and...

Management

Customer Complaints: MSB Case Study Discussion

Problem Statement When a company is faced with growing competition in the market, the notion of customer service becomes of paramount importance in terms of retaining clientele. Thus, in the case of MSB, numerous customer complaints concerning the quality and consistency of cleaning put the company at a considerable disadvantage....

Marketing

Art of Persuasion: Pitching the “Wrong” Products

The art of persuasion is of critical importance in commercial activities since it is often a question of making a profit to be able to convince the consumer to purchase a product that is qualitatively no different from the rest. Thus, most customers will always behave like bright packaging, strong...

Marketing

Olive Garden: Marketing

Marketing Marketing for Olive Garden is a multi-layered process, as the restaurant has to cater to its loyal existing customer base while also expanding its read to new audiences. The company has long since relied on millennials and young audiences as its core demographic, as they are most interested in...

Employee Management

“The 3×3 Hiring Method” by Wardell

There are numerous ways of peroneal selection to a business structure. Wardell (2013) provides a 3×3 hiring method that guarantees to help recruiting the best candidates. He believes that finding an effective way of recruiting employees ensures productive work of a company in operational and functional ways. The 3×3 method...

Case Studies

Competitive Advantage: FedEx Case

In order to prove itself as a success, any business should always be one step ahead of the competition. Moreover, this step implies paying enough attention to the aspects of team coordination, the satisfaction of the customers, and evaluating the current strategic tendencies of the competitors. Hence, when speaking of...

Case Studies

Commitment and Contingencies: Starbucks Case

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...

Leadership Styles

Hersey and Blanchard’s Situational Leadership Approach

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...

Management

Data Insights and Competitor Analysis

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...

Employee Management

Performance-Driven Team and Motivation

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...

Management

Managing Innovation and the Significance of Creativity

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...

Employee Management

Diversity in the Workplace and Its Advantages

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...

Employee Management

Workplace Culture for Motivation of Employees

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...

Management

The Relevance of Scientific Management in the 21st Century

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...

Management

The IT-Sphere: Capacity Management Principles

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...