Change is required in the world energy policies to contain the huge demand for energy products Definition of the structure of the oil and gas industry (energy) in which Shell operates and analysis of the competitive challenges Shell faces within the oil and gas (energy) industry The structure within the...
Introduction There is a variety of methods that companies can employ to increase their chances of success. One of such approaches is enterprise resource planning (ERP), which involves the integration of different processes vital for any business. These features include accounting, management, human resources, communication with customers, and other functions....
Introduction The financial market opportunities primarily predetermine the development of all types of non-financial organizations, and their activities often depend on external market factors. When it is about the possible risks related to financial activities, various ways to protect budget funds can be considered as effective mechanisms. One such technique...
Introduction to IAS The International Accounting Standards Board (IASB) is an international accounting standard defining body, which works independently for International Financial Reporting Standards (IFRS). It sets the International Accounting Standards (IAS), which provide a global, standard method of accounting and reporting in many countries. Since 2000 when globalization became...
The Organizational Context Costco Wholesale is an American company that operates in the industry of warehouse retail. The company has achieved success using its membership model and continues to attract new customers with ultra-low prices. However, Costco is currently operating at very low gross margins, and its ability to further...
Introduction Communication is one of the most important factors of success in any organization. Communication among employees as well as between employees and management is a determinant of organizational efficiency and effectiveness (Miller, 2014). Effective communication facilitates decision making, problem solving, proper comprehension of job requirements, and dissemination of information...
Introduction In the present-day business world striving for globalization, organisations do their best to benefit from cost-saving technical expertise in other countries. This trend creates a business environment that necessitates ongoing interaction across cultures. Project managers today have to deal with teams that are scattered across the globe and consist...
Introduction One pillar of organizational success is organizational culture. Beliefs, values, and ideologies form the bedrock for the creation of organizational cultures (Lee, 2004). Indeed, these sets of cultural building blocks determine the way employees interact with people within and outside, the organization. Since organizational culture is an important factor...
Introduction Oil prices have been on the rise for the last decade, economic reports reveal that the prices have increased for more than four times during this period. The price of crude oil increased from $ 31.61 in 2004 to $ 131.11. While gasoline prices increased from $1.93 to $4.09...
Introduction Negotiation in an organization alludes to procedures carried out by organizations to present a component of progress that is intended to enhance the execution of roles at the best possible circumstance. In this manner, negotiation is basic in adjusting the input with the execution objectives as a cure towards...
Customers are very important stakeholders in the success of any business. In order to attract new customers and retain the existing ones, a business organization should come up with strategies to ensure that its customers are fully satisfied with the quality of goods and services offered to them by the...
Wal-Mart commenced operations in the 1950s in Arkansas. The entity then was a minute retail business owned by its founder, Sam Walton. He commenced operations after purchasing it from a resident. These were the first steps towards founding the largest retail firm globally. The entity commenced offering extensive discounts from...
Globalization has massively affected firms in the current market. Firms are increasingly finding themselves operating in regions that are beyond the borders of their home countries. When doing business in countries other than the home country, it is important to determine when to comply with the host country’s tradition and...
Introduction Employee training is a significant undertaking for every organization that wants to remain competitive. Training future leaders is the most valuable kind of investment that an institution can make through training its junior employees in readiness to take leadership. The strategy ensures that young employees are competent to perform...
Executive Summary The process of recruiting, selecting and evaluating employees is for the purpose of ensuring that only the best-qualified candidate is picked by the end of the process. The assessment team should be keen to ensure that applicants with the desired skills and ability to perform are the ones...
Uber Technologies, Inc., is an American transportation network company that operates by connecting passengers with drivers through a smartphone app. The paying customers use the app to submit a request for a ride, which is then communicated to the Uber drivers, who use their own cars (Pilieci par.7). The company...
