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...
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...
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 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 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 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...
Introduction The focus of the above study is to find out the actions of Saudi Banks to assist in social responsibility and environmental practices. The other key focus is the importance of such actions from the perspective of the banking clients in Saudi. Examination of the current attitudes, applications, trends,...
Introduction In modern society, much attention is paid to the promotion of the idea of sustainable development and the necessity to meet present needs, not at the expense of future generation needs. Many people expect to live in a safe and properly developed world without even considering how significant and...
Introduction Organizational efficiency is a broad concept that serves as a synonym for organizational performance, effectiveness and in other cases competitiveness. The term ‘efficiency’, however, in this context refers to the use of available resources to optimize the production of goods or services. In an organization, these resources may include...
Introduction The notion of motivation is revealed through each worker’s experience of aspiration and distaste. Motivation is derived from the word motive which denotes a physiological need that provokes an individual to an action. Motivation influences the performance of a workforce in an organization in different ways. Motivation has a...
Introduction British Airways is one of the leading global airlines in the international aviation industry. The 90 years old airline has its headquarters in London in the UK (British Airways, 2011). By market share, “British Airways is the largest airline in the UK” (British Airways, 2011). The core business of...
Introduction Oligopoly market structure consists of few sellers who sell homogenous products which are differentiated in the eyes of the buyers. In South Africa, petroleum industry is an example of an oligopoly market because it has few sellers who serve the whole market (Thompson 2001). These sellers include Total South...
Abstract Many studies have highlighted the concept of organizational commitment and in most the cases; it has been related to employee performance, job satisfaction, and job involvement. This paper will highlight organizational commitment in relation to employee performance, job satisfaction, and job involvement along with employees’ level of skills and...
Introduction Today’s dynamic industries have stimulated the need for creativity and innovative capabilities re-emphasizing the realities of globalization. In view of increasing pressure from globalization, one of the terms of interest in our study is international trade. Trade is indeed a major driving force in any economy and critical to...
Introduction Leadership can be defined as a process of social influence through which a person gets people to do what they would not have otherwise done. Leadership is therefore a mechanism through which people are governed. In the organizational context, leadership remains relevant because it integrates and maximizes the available...
Introduction The following paper highlights the similarities and the differences in the program and project management techniques employed by the OGC & Rural Payments Agency and those recommended in the presentations. The reason for the recommendations in the presentation is also provided along with how the Rural Payments Agency could...
Introduction In organizational behavior, there is an often-overlooked area of friction and disadvantage to workers. In contrast with the fact of regulatory protection for minorities, the physically handicapped and women, occupational health regulation does not explicitly foster oversight for bullying and physical harassment in the workplace. The phenomenon of bullying...
Introduction The operations of Wal-Mart Company started back in the 1940s through the retailing career of Sam Walton and in his job in the stores of JC Penney where he worked for eighteen months after graduating from the University of Missouri. It was in this store where he was able...
Outline TQM can be defined as an organization’s management practices that ensure consistent satisfaction of customers by meeting and sometimes exceeding their needs. TQM strongly focuses on measurements of processes as well as their control which results to overall continuous improvement in organizations. TQM’s implementation calls for effort from all...
Introduction The Project Management Office or PMO is that department of an organization that deals with project management and standardizing processes. Why is there a need to standardize the processes? Along with the many advantages that standardization brings to the organization, it is also becoming a governmental and private certification...
Introduction Employee involvement in organizations has many faces and is also defined in many ways. Some people especially the management believe that the involvement of employees in the organization is meant to solve all the problems occurring in that organization. On the other hand, others are of the opinion that...
Abstract China boasts of being the third-largest economy around the world following the United States and Japan and has a gross domestic product of US$ 3.7 trillion in this year’s statistics which are attributed to the exchange rate terms. China is also placed a strong number two in economic prowess...
Introduction General Electric (GE) operates as a technology, media, and financial services company spread across the world known for its core strengths in electric and other allied areas. GE deals with a wide range of products starting from aircraft engines, locomotives and other transportation equipment to medical imaging equipments. Manufacturing...
Formulating strategies focuses on matching the resources and capabilities of a firm to the opportunities arising from the external environment. The ultimate aim of evolving and implementing strategies for a firm is to attain sustainable competitive advantages. Therefore a resource-based view postulates that a firm has to use its available...
The world has grown up a lot and a number of trends have been changed. In most SMEs (small and medium enterprises) traditions and trends keep changing with the customer’s requirements and market needs. In most economies, smaller enterprises are more in number. During the past few years, America has...
Introduction The last decades of 20th century have been marked with the emergence of new socio-political reality, which now is being discussed in terms of Globalization. This reality’s most obvious characteristic is the fact that in “brave borderless world”, the traditional principles of political governing are being increasingly deprived of...
Introduction Leadership has been described as a process which entails interactions between managers and members of the team, so that managers function as leaders and influence their teams to obtain the aims and goals of the organization which they serve (Kramer, 2008). Good leaders and effective leadership have been an...
Business Planning refers to the applications, processes, and technologies involved in the planning of functions in a business to improve organizational synergies and optimized financial performance (Whitehair, 1996). War planning refers to the strategizing required before military action is put forth. Sun Tzu wrote the Art of War (Clavel, 1983)...
There have been a lot of changes since mass marketing ended and market segmentation begun. Henry Ford used mass marketing in his automobile business by giving all consumers the same car color. Later, after World War II, market segmentation became the new trend. Marketers want their products to be the...
Introduction Corporate citizenship may be defined as moral and personal beliefs that affect the way people make decisions. The concept involves integrating ethical and social responsibility into business or any other area under study. Corporate citizenship has been raising a lot of eyebrows lately because there are plenty of socially...
Introduction The emergence of China from a sluggish Maoist economy to become the world’s fastest-growing developing country has been one the most outstanding phenomenon of the last half-century. The country’s rapid expansion has seen it leapfrog the established industrialized countries to become the second-largest economy after the United States exceeding...
Research Objectives The research intends to achieve the following objectives: Understanding the scenario of TQM implementation Identifying the need for successful implementation of TQM carefully To observe the factors of failure for TQM? To identify the organizational inhibitors of Successful TQM implementation Research Goal The Goal of the research is...
Literature review Six sigma In the beginning, six sigma meant having no more than 3.4 defects per million opportunities in any process, product, or service. However, it is much broader, referring to a program designed to reduce the occurrence of defects to achieve lower costs and improve customer satisfaction in...
Abstract Active learning involves the use of inverse functions where the direct demand function is expressed as an inverse. Functions of two or more independent variables use the coefficient of determination and are expressed as a percentage with a high percentage indicating that the correlation between dependent and independent variables...
External Environment The Most Important General Environment Factor The pharmaceutical industry is heavily dependent on product and process patent laws to protect its intellectual property, which in turn is the main source of profit for a pharmaceutical firm. Development of new products is a long and expensive process. The process...
Introduction Many advanced countries have identified Human Resources Development (HRD) as a potential tool to enhance economic growth. Many managers of different organisations have realised the potential advantages of providing skill and development for the workforce for the enhancement of market forces. Thus, with contributions that skill development has provided...
Introduction Before an analysis of the existing facilities to decide on the proposed product mix for the future, it becomes necessary to have an overview of the ‘Strategic Leadership’ which has contributed much to the growth of the division in terms of new product development as well as the improvement...
Globalization and Competition Globalization is a function of the amalgamation of markets across nations and technologies that enable individuals and business organizations to traverse national boundaries governed by different policies with different cultural settings and behavior to reach target markets in a much faster and more cost effective way. It...
Why Increasing the Wealth of Shareholders and Owners should not be the Primary Objective of Management in a Contemporary Business Firm Introduction In 1970, Friedman Milton published one of the most controversial essays on business ethics. In the essay titled “The Social Responsibility of Business is to Increase its Profits”...
The nature of the changing global economy has become a common area of research in the twenty-first century. Today’s increased globalization and technological advancements have led to an ongoing change in the international economy. This trend has been characterized by the rising number of consumers in emerging markets. These global...
Introduction to the organization Human resources can be defined as the individuals’ contributions to an organization in terms of efforts, skills, and capabilities, thus enabling the organization to maintain its existence. Also, SHRM is regarded as a management strategy employed to manage the employees to achieve a strong competitive advantage...
