200-Word Business Essay Examples

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...

Case Studies

Cotopaxi Brand as an Outcome of a Quest

Introduction Storytelling is an integral component of public relations, as it attracts the attention of the wider public and enables explaining the company’s goals to them in a less direct, hence less aggressive way. In the article by Kent (2015), the author mentions the quest for public relations master plots....

Employee Management

Hiring Employees for a Business Project

While hiring employees for a project, it will be vital to make sure that they can function as a team. To do this, I will inquire about their work experience, firstly in the field itself, and secondly, about their interpersonal interaction abilities. The employees’ knowledge of foreign languages ​​is an...

Employee Management

Avoiding Wage Discrimination Based on Gender

The issue of gender pay inequality concerns the difference in average pay for work done by women and men within the same organization and poses extensive challenges for organizations. Such pay inequalities can result from variations in pay schemes. Some schemes allow lower wages and bonuses to be paid to...

Marketing

Fair and Reasonable Price in Government Contracts

Pricing is an important aspect of any business and market exchange of goods and services, and it is especially important in regard to government contracts. There are a number of strategies for deciding the price for a certain product, such as cost-based pricing and market-based pricing, which can be used...

Marketing

Marketing: Definition and Personal Meaning

Marketing refers to the creative identification and implementation of communication strategies to reach a target market. In today’s highly competitive world, marketing means an opportunity to connect products and customers who need them to enrich people’s experiences (Valand and Gaur, 2020). Marketing focuses on promotion and advertising, while it uses...

Management

Business Process Management After Covid-19 Pandemic

Business process management is a fundamental component of any organization’s growth and development. Essentially, it defines the prepared and capabilities of a company to withstand the challenges during their exploration. The global COVID-19 pandemic caught many managers unaware and not ready for any such eventualities in societies. Therefore, the survey...

Employee Management

Management. Human Resource Development

Performance evaluation is key concept in human resource development. Human resource development is an effective strategy and the most effective capital of a company. Companies need to heavily invest their finances, energy and creativity towards employees’ development. Suitable model for human resource management Human resource development integrates actions and practices...

Employee Management

Workplace Environment From Different Perspectives

A well-designed workplace environment is an essential part of a quality work process. This paper presents an analysis of several work environment factors in a cleaning service company. The first vital parameters for creating a quality work environment are cultural competence and sensitivity. Cultural competence refers to an organization’s collective...

Employee Management

General Electric Company’s Incentive System

It is important for any leader to be able to motivate the followers and subordinates in order to ensure that there will be the necessary improvements put in place. In the case of an incentive system, it reinforces behaviors, such as competition, equity seeking, avoidance of negative reinforcements, and adherence...

Management

Organization’s Performance and Social Responsibility

My research will examine the impact of social responsibility on the organization’s performance. Hence, for the sampling, I will have to select an organization, and the main criteria will be them having a Corporate Social Responsibility (CSR) strategy. I plan to survey the employees and use the company’s financial data...

Management

Entrepreneurship and Innovative Management: Personal Statement

There is a rapid growth of global organizational concepts and elaborating innovative management strategies aimed at being as effective as possible. The swiftly growing and expanding business world of today requires resource management, both human and material, to be placed on an absolutely different dimension. The introduction of e-business in...

Management

The Sustainable Development: Issuing Report

Sustainable development is the direction of development in which the social, economic, and environmental spheres are in harmonious interaction with each other. This concept has 17 goals, which will help humanity create a comfortable environment for current and future generations (Murray, n.d.). A sustainability report is a practice in which...

Case Studies

The Private Sector Case Study

The private sector case study highlights the case of credit card information theft in a hamburger franchise through an insecure Wi-Fi hotspot connection. The following case study underlines the security framework compliance failure. PCI DSS framework was violated on four network segregation requirements, penetration testing, monitoring, and virus scanning (Bhardwaj...

Employee Management

Flexible Hours and Workforce Retention

In order to attract and retain a qualified workforce, employers need to offer employees certain benefits. Benefits can come in many forms, ranging from paid time off and insurance plans for different scenarios to retirement plans (Nigro & Kellough, 2014). Yet while monetary benefits are certainly valuable, one could argue...

Employee Management

Motivating Employees With Recognition

Description of the Situation The hospitality industry has been on the receiving end of high turnover over the years. This is especially common in luxury resorts where the cost of hiring new employees is astronomical (Dwesini, 2019). Mangers encounter difficulties when it comes to finding, attracting, and retaining quality employees....

Logistics

Logistics Management and Globalization: Key Findings

The paper by Ceniga and Sukalova (2015) offers quite a number of interesting discoveries regarding the challenges of supply chain management (SCM) in the global context. The role of collaboration across the supply chain within the global context is, perhaps, the most important takeaway from the article under analysis. With...

Employee Management

Management-Employee Communication Failure

The Automatic Vigilance Effect is the unconscious negative reaction to critical input (Tourish, 2005). The most important characteristic of this reaction is that it is difficult to consciously control (Estes & Adelman, 2008). In the case of the organization, it the Automatic Vigilance Effect manifested itself when the management refused...

Employee Management

Newfoundland Canada: Impact of Employee Turnover

It is important to note that employee turnover is a major issue for both large and small businesses. The concept is primarily used to describe the decrease or loss of the general talent pool in a company within a specified period of time. More specifically, the term is used to...

Management

Aspects of a Multi-Unit Manager

Your experience as a multi-unit manager is a valuable factor, and your reasoning about the specifics of aggregate planning is objective. One of the important criteria mentioned is forecasting to ensure flexibility in work. You have noticed that buying and selling schedules are dynamic, and customer satisfaction depends much on...

Management

Total Logistics Costs and Strategic Planning in Tourism

In the context of strategic planning, the significance of total logistic costs cannot be underestimated, as it has a direct impact on the revenue of a business. This issue appears to be extremely relevant for the companies in the tourism field, as it implies a considerable demand for transportation, which...

Employee Management

Building a Virtual Team: Definition, Factors of Successes

A virtual team is a group of individuals who work together remotely from different locations and use electronic means of communication to collaborate. Compared to traditional teams, virtual teams experience a larger number of challenges, and being their member requires from an individual an increased focus on communication, collaboration, and...

Employee Management

Employers With Tuberculosis: Case Study

Sarah’s tuberculosis is a serious case since, on the one hand, the organization has to ensure that other employees and residents are not affected, but on the other hand, address discrimination that Sarah faced. The financial implications of these complaints may be the need to settle the case before the...

Employee Management

Walt Disney Company: Training Program for Employees

Introducing training opportunities for staff members is a particularly important step in improving the human resource management (HRM) technique since it encourages employees to embrace the importance of change and step on the path to continuous, lifelong improvement. For the Walt Disney Company, which has been the global leader in...

Marketing

In the World of Marketing. Business to Business

The crucial question that companies should ask when finding a target market is whether they address to other businesses or consumers. Business to business (B2B) refers to organizations selling their services or goods exclusively to other companies (Reklaitis & Pileliene, 2019). In B2B, sales have longer sales factors, higher value...

Organizational Management

Strategies to a Comprehensive OD Intervention

Some of the strategies that are integral to a comprehensive OD intervention include Walson’s approach to third-party peacemaking, principled negotiations method, and two-person conflict management design (French & Bell, 1999). If this writer were to lead an OD intervention to solve a conflict without having any prior experiences with the...

Employee Management

Staff Motivation from Senior Management Viewpoint

The first motivational issue I would like to talk about is inconsistent expectations or demands. From my previous experience, a supervisor who does not set explicit standards for workers or gives ambiguous feedback creates a work setting in which motivation problems can arise. Lack of appropriate feedback may indicate that...

Management

Organizational Change and Information Technology

There can be identified four types of change in organizations, all of which have recently been affected by informational technology. The types are strategic, people-centric, structural, and remedial, each characterized by a unique set of traits, which are important to recognize for every change manager. Strategic change involves introducing transformative...

Management

One of the Most Important Inventions

“Management is undoubtedly one of humankind’s most important inventions.” At first sight, this statement is impossible to disagree with thanks to its self-evidence. There would be no states, governments, world organizations, or any other authorities if there had been no need for management throughout human history. Nevertheless, management is not...

Employee Management

Flint’s Planning Strategy Case

The article “Manager as a person” concerns the overview of activity performed by Deborah Ale Flint, the CEO of Los Angeles World Airport. This manager has begun her work in a company that has already successfully launched some projects to execute. Flint’s responsibilities include maintaining contact with the city government...

Employee Management

How to Give Negative Performance Feedback

Negative performance feedback is difficult to give, especially if it concerns a familiar person. There is no individual who likes to be embarrassed; simultaneously, people giving feedback do not tend to cause trouble to others intentionally (Choi et al., 2018). Therefore, I might hide criticism behind banal phrases as negative...

Employee Management

Extrinsic and Intrinsic Motivation

Both intrinsic and extrinsic motivations are essential in a workplace environment and between collaborating employees. Intrinsic factors frequently relate to an employee’s gain of experience or positive attitude towards their work (Hearn, 2018). There are three primary intrinsic rewards that are often implemented in a work setting. First, the pursuit...

Management

Summary of Concepts Overview

It is undoubtedly essential to pay much attention to such issues as perception, diversity, and performance management, as they significantly affect work performance. Firstly, if employees positively perceive their jobs, organizations’ chances to be successful will be high. Therefore, managers must work diligently to ensure that workers receive a number...

Employee Management

Meddevco Firm’s Human Resource Information Systems

Since Meddevco is a large company, it should have designed a single HRIS in all its subsidiaries to avoid inconsistencies. Moreover, the company should have taken into account that SABA is not a part of PeopleSoft. Switching to a different training management system led to data compatibility and exchange issues....

Management

Discussion About Leadership and Management

There exists a distinct difference between leadership and management, but both can coexist. Leadership can be defined as guiding teams by showing direction, whereas management ensures the teams stick to the plan or the route map provided by the leader. In some instances, one can be a leader and a...

Employee Management

Job Enlargement, Job Enrichment, Job Rotation

Job enlargement, job enrichment, and job rotation are job design elements that can affect an employee’s job performance. Job enlargement refers to the increase of job tasks followed by the rise in the amount of work. Job enlargement is used to make the work more challenging and decrease routine and...

Employee Management

Healthcare Coverage for Employees

Life and disability insurances are easy to eliminate, and the company will still be able to attract new workers since an individual can obtain them through other third-party companies. In addition, I would most likely exclude transportation services, daycare, and wellness programs from the list of discretionary benefits because they...

Employee Management

Cross-Functional Teams: Enhancing Workforce Diversity

The formation of a working cross-functional team including representatives of different backgrounds and departments of the organization is a challenging task for a human resource (HR) manager (Daspit, Tillman, Boyd, & Mckee, 2013). As a result, it is important to state clearly what aspects are determinants and what aspects are...

Employee Management

Factors That Impact a Company’s Creativity

It seems reasonable to state that the primary source of creativity within an organization is employees. This statement is supported by the findings of numerous reliable, relevant, and peer-reviewed publications (Son and Kim, 2015; Sung et al., 2020; Bin et al., 2016). Hence, it is important to maintain a working...

Management

Managerial Skills and Levels of Management

Holmberg-Wright and Hribar suggest that “the three essential skills to every manager are the conceptual, human and technical skills” (as cited in Katz, 1974). Although managers at all levels, that is, the top, middle and low, possess all these skills, the relevance and efficacy skills are dependent on the level...

Employee Management

Workplace Performance Evaluation Methods

The task of evaluating the performance of individual workers as well as teams in the workplace seems critical, but it should be underpinned by specific theoretical considerations. One of them is trust among the participants, which is required for a successful outcome of such initiatives. According to the recent study,...

Case Studies

Axe Corp.’s Balance Sheets Specificities

Background AXE Corp (symbol AXEC) produces and sells electrical light bulbs in global retail markets. AXEC is a publically traded New York Stock Exchange (symbol NYSE) company founded in 1976 with headquarters in Denver, Colorado. The controller compiled two Balance Sheets, one made with the GAAP and the other with...

Leadership Styles

Discussion of Leaders of the Future

There are various models of leadership styles, and all of them have some traits in common, while still focusing on different ones. What has traditionally been required from a good leader remains relevant in many respects. However, some of those conventional skills and strategies may have become out-dated, and new...

Employee Management

Leadership and Management in Enhancing Creativity

It is important to note that both leadership and management improve organizational creativity by focusing on and prioritizing employees. Leadership and management play a central role in enhancing creativity in an organization, which occurs through a wide range of intricate manners. A study suggests that transformational leadership can have a...

Management

Marketing and HR Experience

My experience includes not only marketing but also HR. This means that I have highly developed skills in interacting with the audience in addition to working with the brand and marketing strategy. I deeply understand customer needs and know how to best present a product. Working in HR also allowed...

Management

Development Methods Overview

The following points are the four broad categories of employee development methods: interpersonal relationships, formal education, work experience, and assessment. Of course, these methods work better combined, so it is always wise to try different ones for the best outcomes (Sustainable human resource management, 2019). For example, suppose an organization...

Employee Management

Human Capital Resources in the Opioid Crisis

To ensure that an organization’s human capital resources needs are met during the current opioid crisis, it is important to design a plan. In the process of recruiting welders, it is not acceptable to ask candidates to take a drug test before providing a job offer. Instead, it is better...

Employee Management

The Achievement Motivation Theory at the Workplace

Motivation can be referred to as the force that energizes, directs, and sustains behavior. David McClelland’s Achievement Motivation Theory is a comprehensive need theory that best manages work motivation. The theory denotes that achievement, power, and affiliation are the three needs that are central to work motivation (Werdhiastutie, Suhariadi, &...

Employee Management

Drum Circles as the Way to Build a Strong Team

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...

Employee Management

The Role of the Human Resources Management

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...

Employee Management

Achieving Team Effectiveness

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...

Company Analysis

“Papa John” Company Executive Summary

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...

Employee Management

Importance of Performing Employees’ Background Check before Hiring

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,...

Employee Management

Determination of a Competitive Salary

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...

Employee Management

Replacing Business Resources: Pros and Cons

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...

Employee Management

Health and Safety Trainings for Employees

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...

Business Controversies

Social Capital: Integral Aspect of Business and Society

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...

Managerial Negotiation

Successful Business Negotiation Methods

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...

Management

Scanwell Logistics Ltd.’s Internal Control & Profitability

Abstract Scanwell Logistics (HK) Ltd. is facing financial losses now for the last few years and in fact the losses as per current year interim financial statements are threatening to bring the company at the brink of liquidation. This has put a clear doubt on the efficiency on the working...

Strategic Management

Management Information System and Its Benefits

In this age of intense competition and globalization, firms should have an effective management information system to manage the vast information and data about consumers and their product preferences. With a well-programmed MIS, firms can easily reach out to customers and collect, understand, and assess external and internal information about...

Case Studies

The 2015 Toshiba Accounting Scandal

The case under consideration is the Toshiba accounting scandal of 2015. The main issue is that the conglomerate’s senior management recognized that the company’s earnings had been overstated by around $2 billion. Even though the timeframe of the scandal is seven years, the outcomes are still significant because the estimates...

Management

Performance Measurement: Contradictions and Challenges

Business performance measurement is one of the basic techniques in performance management. Still, many organizations have problems with the systems measuring performance, and traditional tools of financial measures are often criticized. In the modern dynamic business environment, new metrics for performance measurement are believed to be needed to meet the...

Employee Management

Human Resource (HR) Management: Why We Hate HR

I was working in a wholesale organization based in Washington DC. The firm experienced many challenges, which almost led to bankruptcy. The main problem was in the human resource department because there were poor strategies for maintaining employees. The strategies should have been integrated by the culture of the organization...

Leadership Styles

Conscious Leadership’ Types

The purpose of any business is defined by those who create it – the entrepreneurs. The vast majority of businesses, whether they realize it or not, are motivated by the following goals: Service to others. Discovery and furthering of human knowledge. Creation of excellence and beauty. The desire to change...

Employee Management

Employee Motivation Levels and Ways to Manage Them

Employee motivation is a powerful concept used to support the performance of an organization. The level of motivation differs significantly from one employee to another. Several factors are used to explain why some employees tend to be motivated than others. To begin with, the personality of an employee determines how...

Employee Management

Job Satisfaction and Its Role in Public Organizations

Introduction Many researchers have drawn a link between job satisfaction and motivation. Most of them have used different terms to define them. For example, Champoux believes it refers to the overall level of contentment people have with their jobs (198). Job satisfaction (and by extension, motivation) is important to different...

Management

European Foundation for Quality Management Model

Business excellence is one of the main goals of management. It could not be neglected and has to be improved all the time. The European Foundation for Quality Management model is one of the possible frameworks to promote business excellence. It is defined as a global not-for-profit membership foundation that...

Employee Management

Human Resource Manager’s Interview on Business Trends

How is the effectiveness of HR measured in the company? The company uses specific HR metrics, as well as ROI, to assess HR performance. The most important metrics, in our case, are employee retention, the cost of hire, and the average time of hire. How does the company do ROI?...

Strategy

Acquisition Strategy and Its Effectiveness Today

Why do so many firms continue to use an acquisition strategy? In the present day globalized environment, the significance of acquisitions as the key method of making a company competitive enough is extremely high (Ulijn, Duysters ‎& Meijer, 2010). True, for most SMEs and even for larger companies, acquiring the...

Strategy

IKEA Company’s Global Strategy and Its Benefits

IKEA has been pursuing a global strategy. This approach makes it possible for the company to acquire cheaper products. The products are then marketed globally thus supporting the firm’s performance. The firm has also reduced business and operational costs. However, the strategy generated numerous concerns after cases of child labor...

Organizational Planning

Strategic and Capacity Planning in Business

Strategic planning and its benefits Strategic planning allows a company’s manager to integrate evaluation into an organization’s culture to comply with the organizational development agenda (Cheung-Judge & Holbeche, 2011). There should be specific approaches and frameworks to understand the essence of organizational learning and development. Therefore, there are Five reasons...

Marketing

Product Life Cycle Stages

Product life cycles consist of the introduction stage, growth stage, maturity stage, and decline stage. It is possible to show the product life cycle stage of each product by reviewing its market trends over some time. Introduction stage Products in this stage are 3D television and holographic projection technology. The...

Management

Information Technology and Supply Chain in Logistics

Information Technology (IT) plays an integral role in the successful governance of supply chain management (Dolci, Cunha, and Gastaud 219). Hence, there is a need to improve the overall governance of the supply chain processes in organizations. The functionality of supply chains has drastically transformed since the introduction of Information...