500-Word Business Essay Examples

Strategic Management

Responsibility of Determining a Projects True Needs

Stakeholders are arguably among the essential components of project planning and management. Stakeholders are defined as individuals, groups, or organizations affected or can affect a particular project (Silvius & Schipper, 2019). Consequently, project management necessitates stakeholder interaction to ascertain stakeholder needs and wants that influence decision-making. According to Rajhans (2018),...

Case Studies

Analysis of Goya Foods Company Case

The case of Goya Foods may be regarded as an example of not only modern cancel culture but a rich history of American corporate boycotts and consumer activism. Founded by Spanish immigrants in 1936, in the present day, Goya Foods, Inc. may be regarded as the largest Hispanic-owned food company...

Case Studies

The Netflix Case of 2011: Mistakes and Solutions

Introduction The Netflix case of 2011 was related to losing 800,000 of the company’s U. S. subscribers because they attempted to split the DVD delivery service and online streaming platform. These decisions have caused customers’ dissatisfaction and confusion, primarily due to the consequent price hike, and the CEO of Netflix,...

Management

Contracting and Acquisition Management Skills

Today’s government is contracting and acquisition organizations need good governance, which requires specific skills and knowledge. This paper describes three concepts, which are contracting management, logistics, and reverse logistics. These programs contribute to better strategic project management decisions and, if successfully applied, lead to improved return on investment for the...

Business Ethics

Talent Turnover and Ethics

Employee turnover can be defined as the number of employees who leave an organization voluntarily or involuntarily, and it varies from one organization to the other. The study will focus on a technology company that I worked for. A full description of the company’s problems will be explored and with...

Business Ethics

The Ford Pinto: Ethical Issues

The Ford Pinto case was an example of indirect harm caused by failing to utilize the intellectual abilities of the company’s personnel to fix a problem that could put thousands of lives in danger. Ford’s decision not to modify the car prototype that explodes in the event of the collision...

Employee Management

Performance Payments and Their Benefits

Employees at every company are usually rewarded for their active participation in diverse projects. Performance payment can be directed to individuals, groups, and organizations. The rewards can be different, but they often motivate workers to complete their tasks (Bryson et al., 2017). Employees decide which type of performance pay attracts...

Employee Management

SAS Institute’s Employee Motivation Practices

Employee motivation is one of the essential issues in all organizations. It is well-known that often motivation is in direct relationship with the quality of the performed job, loyalty to the organization, and psychological and social environments in the company. In addition, it could impact employee flaws and the company’s...

Employee Management

At-Will Employment and Its Benefits

Definition “Both the employee and the employer are free to unilaterally terminate the relationship at any time and for any legally permissible reason, or for no reason at all” (Cihon & Castagnera, 2019, p. 19). Therefore, at-will employment describes any working relationships that have no time specifications and can be...

Management

The Current Zine Business: Business Organization, Management, and Competition

Even though the creation of a zine requires the collaboration of several specialists, this business is intended as a small one. In this situation, a sole proprietorship is the most appropriate form of organization. The main advantage of this form is the ease of starting a business and its management...

Management

Managing Dependencies: A Gantt Chart

Prerecorded voice calls, including those with synthesized voices, mobile phones or residential lines, or automated dialers made using Automatic Telephone Dialing Systems (ATDS), require Prior Express Written Consent (PEWC). According to Communications Commissions and courts, no matter how much of an advertising advantage there may be during an initial call,...

Company Analysis

The USPS Company and Private Couriers

The USPS has been successfully delivering mail for many decades, but the industry is currently changing significantly. In particular, USPS needs partnerships with private delivery companies such as FedEx and the transformation of its own model. USPS has come a long way in order to carry out its mail delivery...

Company Analysis

“Angliss Restaurant”: Angliss Entertainment Complex’s Code of Conduct

The Angliss Restaurant provides a memorable atmosphere and various services that include different types of food and beverages. The restaurant complies with the Angliss Entertainment Complex’s (AEC) Code of Conduct, which ensures the quality of services and overall positive experience in the establishment. As a result, in order to maintain...

Management

Theory X Arguments in Trade Relations

Theory X is more applicable to the interpretation of contemporary trade relations in society. The fact is that Douglas McGregor called the prerequisites of an authoritarian leader in relation to workers as Theory X. It is important to list them: People initially do not like to work and avoid work...

Management

Aspects of Supplier Quality Management

The article illustrates a qualitative analysis in which the authors have examined current practices used in supplier quality management to ensure the engineer-procure-construct projects are effectively conducted and accompanied by high-quality supplies and proficient strategies. The authors have conducted interviews and have determined patterns by analyzing documents acquired both from...

Company Analysis

The ReDefine Company Analysis and Marketing

ReDefine is a company that seeks to provide unique tourist experiences in well-known and not very familiar destinations around the world. It is based on the idea that travel can bring more happiness, satisfaction, and joy than it usually does. To achieve that, the firm offers several unique services for...

Employee Management

Manning the Force With Human Resource

Human resource (HR) professionals are responsible for executing fundamental competencies that allow for the effective functioning of the military force and the operations of various scales. In the area of providing HR support, the professionals accomplish such competencies as manning the force, offering HR services, coordinating personnel support, and conducting...

Strategic Management

Cultural Dichotomy in Organizations and the Ways to Handle It

The dichotomy between cultural differences has been displayed to raise innovativeness and drive advancement in case an organization keeps its values. While neighborhood mastery is a priceless resource, cultivate combination among groups to keep away from partners from various nations working in detachment and restricting information move. A multicultural labor...

Case Studies

Nokia’s 5G Coverage in the North American Region

Introduction In the contemporary age, many organizations encounter serious challenges that affect their position in the global market. Managing such difficulties and promoting further growth becomes a crucial task, and many executives resort to strategic planning (Abraham, 2012). As such, the Nokia Corporation is suggested to have experienced a severe...

Logistics

XPO Logistics Organization’s Analysis

The essence of creating outstanding logistics is to manage an organization’s resources to provide clients with a high-quality service. Indeed, leading companies know that a proper logistical system is a key to attaining a competitive advantage in the market (Bowersox, 2019). Logistical value generation results from collaborative work of the...

Management

SNHU Pet Supply Company: The Management Style

Overview Organizational problems, consisting of improper use of management approaches and skills, can constitute a severe threat to the smooth functioning of the company. In the scenario discussed in the case study, SNHU Pet Supply Company faced just such a problem. The leading cause for concern was a decline in...

Logistics

Transportation and Logistics Management

Transportation and logistics belong to what is referred to as local business networks that offer a wide range of services such as warehousing, transportation, and freight forwarding. Additionally, the local business networks are responsible for retail distribution operations, distributions, and manufacturing services that attract various businesses where logistics is the...

Organizational Management

Production Process in Food Systems and Supply Chain

The production process in food systems is a set of farm and field operations. It is currently under a scope of multiple discussions regarding its sustainability and long-term cost-efficiency. The food market is one of the industries that are severely affected by the growing need for sustainable methods and practices....

Leadership Styles

Main Tasks of the Virtual Team Leadership

Introduction During the ongoing pandemic of COVID-19, many employees worldwide were forced to work from home. For this reason, in the recent two years, the issue of virtual team leadership has become immensely topical. People who work in virtual teams cannot communicate in person, and hence, it might be challenging...

Business Ethics

Curbing Ethnocentrism and Stereotyping

Ethnocentrism is defined as a belief or idea that delineates a particular way of life in terms of language, race, group, or culture where an individual considers they are superior to others. In such an instance, there is a bias in the person’s capacity to objectively make judgments and compare...

Business Ethics

The Case of Harassment in the Company

Harassment is one the inexcusable incidents because it violates ethical norms and threatens a person’s emotional or physical well-being. Types of harassment include online, psychological, sexual, racial, religious, and workplace. The latter form of harassment is aggressive behavior toward one or several workers. Bullying at a workplace is a significant...

Business Ethics

Wells Fargo Account Scandal: Opening Mystery Accounts

Wells Fargo is one of the vast retail banking firms known for its remarkable reputation, especially exemplary management and service provision. Undoubtedly, the bank remains one of the most stable entities in the U.S. The organization’s outstanding success is based on a commercial and social model that blends strong client...

Case Studies

P&G: The Development of the Data Government and Management Strategies

P&G Case P&G continues to be the leader in sales of household chemicals and cosmetics for body and health care, including baby, home, and fabric care products. P&G relies heavily on large retailer stores, with Walmart responsible for 15% of the revenues (Datar et al., 2020). Smaller, local stores are...

Management

Effective Management of Change During Merger and Acquisition

The knowledge of leadership models and the role of culture helps raise the effectiveness of organizational changes and improve the banks employees performance. Leading Change in an Organisation Without a doubt, leadership is an indispensable component of every companys performance, be it a commercial bank or a factory. The chosen...

Management

The Coca-Cola Company’s Integrated Business Planning

Introduction Integrated business planning (IBP) has become common among leading manufacturing companies across the globe. It is natural as IBP is beneficial for maximizing the company’s profits through a thorough analysis of strategic plans correlated with sales, resources, and capabilities (Bowersox, 2019). The planning also requires constant adjustments to the...

Organizational Management

Discussion of Division-Classification

Welcome to the most innovative car dealership company in the country. First and foremost, the most significant quality that needs to be experiencing permanent growth is to have a strong interconnection between innovativeness and thoroughly developed instruction compliance (Pongpearchan 53). Being employed in “DeltaDealer” means cementing ambitious goals with realistic...

Employee Management

Racial Injustice and Its Impact on Employees

The later racial equality comes, the further the world will be from racial justice, and the stronger the racial anger will be. Racial injustice in the United States attracts particular attention, as well as criticism, both within the United States of America and outside of this country. Newly elected US...

Management

Sloan Valve Company’s Technological Implementation

The Sloan Valve company needed to overcome the difficulties in their product’s development process as it was complex (more than 16 distinct functional groups) and slow. They used to spend about 18-24 months on the development of a new product. The company’s screening process for product development was problematic, leading...

Management

Lean, Six Sigma, Quality Improvement, and Statistics Relationship Summary

Efficient, advanced, and accessible healthcare is one of the essential pillars of any modern society. All the more important is the fact that according to Kumar et al., in all developed nations medical expenditures grow at a rate exceeding GDP growth (z Gowen et al., 2012, p. 134). As a...

Management

The Unsafe Practices at McDonald’s: Hot Coffee

The legal side of this situation is founded on the general understanding of tort reform, which translates to any wrongful act by an organization, either negligently or willfully. Based on the understanding, every potential damage or injury can be grounds where a civil lawsuit can be brought (Saladoff et al.)....

Marketing

Chocolate Bliss Marketing Plan

Pricing Strategy Chocolate Bliss’s flavored truffles’ pricing strategy is affected by competitor pricing. Since Ghirardelli Gourmet truffles are aimed at the same premium segment, price plays an important part in how the products are viewed. There are two purposes to a price – to represent the quality of the product...

Company Analysis

Effective Guided Coalition in Netflix

Since its establishment in 1997, Netflix has been one of the most influential change leaders globally. It has made significant changes to accomplish the goal of providing online entertainment content to customers. Numerous changes have occurred as online content has evolved from providing movies through mailed DVDs. They changed from...

Marketing

Discussion of Market Segmentation Analysis

Abstract This analysis has been done on the demographic, behavioural, psychographic, and geographic segmentation factors. Demographic factors The intention to purchase has constantly been associated with consumer attitude, behaviour, and expectations. In viewing and assessing a particular product, purchasing power is central. The major demographic factors likely to affect the...

Case Studies

Vision, Mission, and Change: Microsoft’s Acquisition of CloudKnox Security

Introduction Mission and vision are integral components of strategic management that outline what the company means to achieve and how it intends to achieve it. As such, they can be crucial when a company undergoes organizational change, be it that merger, acquisition, growth, or decline. Microsoft’s recent acquisition of CloudKnox...

Employee Management

Job Range, Job Depth, and Job Relationships

To consider the features of the range and depth of work, such a job position as a business associate for Primerica is taken as an example. Regarding the range of the job, Ivancevich et al. (2018) define it as the number of operations an employee performs to complete a task....

Case Studies

The Covid-19 Impact on Microsoft’s Productivity

The COVID 19 became a severe challenge for the whole world. The nature of the disease and numerous adverse effects associated with it, including the high risk of fatal outcomes, introduced the necessity to reconsider the work of organizations to protect their employees. This significant change created the basis for...

Employee Management

Analysis of Jim’s Annual Review

Employees play a significant role in ensuring the success and normal functioning of business activities. Discipline factors, such as time-keeping and work quality, are among the highly valued behaviors, to avoid interruptions and inconsistent business practices. The management of an organization is responsible for monitoring, controlling, and motivating workers as...

Marketing

How McDonald’s Culture Impacts a Marketing Strategy

Culture portrays the attributes and lifestyles of people belonging to the same group or location. A marketing strategy defines the planning and strategy approved by a company to promote its varied products and services and deal with the increasing competition. Culture has a significant impact on marketing strategy because an...

Management

Implementing Changes in Organizations

Change is an integral element of global and local markets, and these markets are changing more and more dynamically in modern conditions. Today’s businesses, including large corporations and midsize and small companies, are doing everything they can to stay competitive, and this competitiveness requires change from time to time. These...

Marketing

Method of Estimating Population Mean

Issue or Problem Consumer satisfaction has a significant role in any business because it gives business owners and organizations a metric through which they can employ to improve and manage their operations. Having been in operation for more than one hundred and thirty years, and with a differentiated product mix...

Employee Management

Recruitment Practices and Messaging

External recruiting is a process of a corporation seeking to fill an available job with someone who does not work for the company. External recruiting allows individuals to evaluate a larger pool of qualified applicants for the position they need to fill (Ahmed, 2019). Employment is a thriving business, with...

Case Studies

Baby Moments Firm Improving Customer Service

Analyzing qualitative data allows companies to acquire information about consumer needs, as well as assess the impact of the market on purchase behavior. The collection of qualitative data is mainly carried out through surveys and interviews, which allow the identification of key aspects. Analysis of the collected information can be...

Employee Management

Shortening the Length of Paid Covid Sick Leave in Amazon

Amazon has reduced paid leave for their employees in the U.S. who have contracted Covid-19 or need ten days to forty hours of quarantine. One of the biggest private employers cut paid leave by following the new guidelines of the Centers for Disease Control (Kim). I have several perspectives on...

Employee Management

Core & Flexible Workforce and Outsourcing

A high-performing workforce is one of the essentials for a company’s success. An organization can be characterized by its organizational strategy and HR (human resource) and staffing strategy. The mentioned strategies unite in staffing policies and programs, which are supposed to plan labor demand and analyze diverse groups of employees....

Management

Business Models Integrating Catering Principles

The catering business involves the provision of food at social gatherings. If properly utilized, catering businesses can generate a considerable amount of revenue. Three central business enterprises include catering principles within their business models. These include; hotel banquet and event operations, mobile dining operations, and offsite catering companies. Each of...

Employee Management

Talent Management Approaches Used to Build High-Performance Organizations

Introduction Talent management is recruiting and retaining high-performing employees whereby the work environment is satisfying for employees. It determines the potential of future employees and those already working for the company. One of the most critical factors in talent management is assessment. In order to make a correct assessment of...

Case Studies

Anti-Competitive Business Practices: FTC’s Claims Against Raging Bull

Anti-competitive practices presume violation of competition norms by monopolies by seizing a dominant position in the market, which allows restricting access to it by other producers, dictating prices, and other conditions of commercial activity. They usually include such activities as price-fixing, boycotts, and exclusive contracts for complete transactions. Anti-competitive practices...

Marketing

Current Business Trends Overview

Due to the world pandemic and technological advancements, business structures are experiencing transformations and following new trends. The most visible changes are related to e-commerce and digital marketing. Now business entities spend more on social media to advertise their products and services. It is easier to attract more customers by...

Marketing

Location Planning for Tourist Attractions

Location planning is a theory according to which private, and public companies choose places to organize themselves. Thus, it aims at helping to select the best place to increase profits and potential clients or customers. Moreover, a central place theory claims that business units are not uniformly located, meaning that...

Company Analysis

Nordstrom: A Way to Mitigate Potential Conflict?

Nordstrom approaches development around the client experience and is known to be one of the best companies in customer service. While Nordstrom might be known generally for its stores, today, that public store framework and its partners address a staggeringly significant benefit that can be utilized to serve clients anyway...

Employee Management

Components of Attitude: Abc – Tripartite Model

It seems reasonable to state that QuikTrip (QT) has developed a significant approach in terms of its working environment. According to the materials of the case, the company pays much attention to the employees’ satisfaction with their workplace. This policy brings visible benefits for QT, given the high ranking in...

Management

Al-Juneidy Dairy Factory’s Operations Management

Introduction Al- Juneidy dairy is the leading factory for the production of dairy and food products in Palestine. One of the leading dairy products being produced by the company is fresh milk (“Al Juneidi Dairy,” 2021). At the factory, the process begins with collecting raw milk from farmers and suppliers...

Leadership Styles

The Role of Emotional Intelligence in Leadership

Introduction The video clip focuses its attention on the role of emotional intelligence in leadership. Five fundamental aspects of emotional intelligence are identified, including self-awareness, self-regulation, motivation, empathy, and social skills (Goleman, 2016). As I studied the concepts of leadership before, I have heard about the importance of emotional intelligence...

Leadership Styles

Personal Model of Servant Leadership

The concept of servant leadership implies that the leader serves the followers and the company or organization. The prime purpose of a servant leader is to prioritize employees’ needs and well-being. This leadership model presupposes that the leader’s personal values include empathy, altruism, honesty and trust. Some typical traits of...

Leadership Styles

Leadership Benefits to Personal Growth and Society

Introduction Leaders guide and encourage people around them, and the importance of good leadership in a team cannot be overlooked. To be a leader is to be a person who is capable of communicating their ideas and solutions, to have exceeding intelligence or be a great problem solver is not...

Strategic Management

Heineken: Brewing a Better World Strategy

Why Heineken is developing a sustainable strategy for its sourcing operations The sustainability strategy for Heineken is called Brewing a Better World, and the critical part is sourcing locally. Through this, Heineken is supporting the sustainable development of agricultural supply globally. It depends on a supply chain that is responsible...

Business Ethics

Ethics in the Pharmaceutical Industry

Introduction Ethical issues related to the pharmaceutical industry are often associated with dilemmas affecting the safety of people and the profit that companies in this field generate. Despite the commercial aspect of work, the pharmaceutical field is primarily aimed at helping the population, and any form of unfair activities applied...

Management

Board Diversity and Stock Price Crash Risk

The main cause of the stock crash is the hoarding of bad news by management. However, a diverse board has the potential to positively influence the same by minimizing future crash risk. Board diversity entails the incorporation of different attributes, characteristics and skills pitched independently by members regarding planned processes...

Marketing

Interview with Marketer: Addressing Needed Change

Personal Information The identified person was in charge of the marketing department of the targeted organization. His title (and position) is that of a Marketing Manager. The interview was used to understand the unique changes that were being considered in the company. Organizational change is something critical because it guides...

Business Ethics

Are Chief Executive Officers Overpaid?

The question of whether CEOs are overpaid is recurrent as the work carried out by a CEO is hardly tangible — they do not manufacture anything, and, therefore, their contributions are difficult to estimate. Hence the endless debate between those who are convinced that their salaries are enormous and those...

Marketing

Analysis of Woolworths Marketing Strategy

The secret of Woolworths’ success lays in the actions of its founder Frank Woolworth – the discoverer of price tags, merchandising, supermarkets and sales. After opening the shop, Frank Woolworth developed his own strategy, which contradicted all the unspoken laws of trade at that time and became revolutionary. It was...

Marketing

Correcting the t Statistic for Measurement Error

In their article titled “Correcting the t Statistic for Measurement Error,” Durvasula, Sharma, and Carter discuss how multi-item scales measure marketing constructs. When this data is studied, a t-test is often applied to verify the group mean differences. They highlight that despite the common use of the t-test, it is...

Management

Personal Skill Builder: Personal Career Development

It is vital for personal growth and formulation of a plan for the future to look at accomplishments made and outline knowledge, skills, and abilities (KSAs) that assisted in it. As I remember, I have always considered the greatest achievement I can be proud of opening up a LIMMS room....

Management

Data Management Competencies and Their Improvement

The phenomenon of collecting and storing a company’s data for the sake of better performance and operational outcomes has become widely recognized since the second half of the 20th century. Essentially, data management serves as an umbrella term for the processes of collecting, storing, organizing, analyzing, and governing the data...

Employee Management

Aspects of Employee Cross-Training

Employee cross-training or ECT can be described as a practice in which one employee obtains knowledge, skills, abilities, and other characteristics (KSAOCs) of their colleague. In addition, ECT can also be defined as an instructional technique that provides the employee with extra guidelines and skills (Salas et al., 2007, as...

Management

A Culture of Innovation in Business

Investing in innovation and research is an integral part of many business projects. Developing and executing new ideas that would push the company to grow, the right environment is needed. An essential step towards fostering an innovative culture is providing the team with space and resources (Deschamps-Sonsino, 2020). Comfortable interior...

Case Studies

The Diversification of Google Inc.

Google Inc.’s powerful diversification In terms of diversification, Google is among the most powerful corporations. This U.S.-based multinational technology business has undoubtedly been a driver of the digital information era. Branding helps it achieve its goal of diversifying its services. Through its many Internet-related and technology-related services and products, it...

Leadership Styles

Personal Attributes in Educational Leadership

Educational leadership encompasses the ability of an individual to enlist and channel the teachers, students, and parents’ energies and talents towards the achievement of common goals. Leadership in the current world entails dynamic aspects requiring those to transform risks into favorable opportunities (Bush & Glover, 2014). Educational leadership theory entails...

Management

Influencing Corporate Value During COVID 2019

The generation of shareholder value lies at the heart of strategically integrated thinking. When it comes to maximizing or destroying shareholder value, the margin for error is relatively thin. As a result, it is critical to pose specific questions for clarity of our knowledge of what generates value for shareholders,...

Management

How to Manage Political Risk in a Post-Pandemic World

Summary of the Article The article provides five possible areas to assess the political risk that companies may have in the post-pandemic world. To begin with, Cline et al. (2020) claim the political risks that a company faces to be the first area to assess the threats of the post-pandemic...

Case Studies

Re-Evaluating Tesla’s Production During COVID-19

It seems hardly a week goes by before Elon Musk, CEO of Tesla and SpaceX, is mired in another controversy. What is surprising about Tesla’s latest coronavirus scandal is the flagrant disregard for social responsibility revealed by the man seeking to sell environmentally-friendly electric cars and build a new society...

Management

Business Management Courses and Training Online

Analysis The instructional challenges of the program will include the distance barrier because the organization needs to offer training to the managers running its entities in different parts of the world. This challenge will be eliminated by providing the training program through an online platform. However, this will introduce the...

Management

Revenue Cycle Management Challenges

Revenue Cycle Management (RCM) refers to a complex financial process used by healthcare facilities to manage the flow of revenue in an efficient manner. As the market of RCM continues to grow at a rapid pace, new challenges and pressures appear and need to be addressed to ensure the hospital’s...

Employee Management

The Job Characteristics Model on the Emotional Burnout of Prison Staff

The article discusses the issue of job burnout among prison staff. Specifically, job characteristics such as job autonomy, job feedback, supervision, and job variety are discussed. The authors indicate that providing feedback to employees on job performance can result in positive affective feelings for staff which can influence the way...

Employee Management

Efficiency of Pay-For-Performance Method

The pay-for-performance method refers to a payment strategy based on using salary or bonuses to improve employee performance. The idea of this approach views rewards as the driver of behavior. In other words, incentives can enhance employees’ engagement and, as a result, the company’s productivity and efficiency. As stated in...

Employee Management

Cost-Benefit Analysis of Employee Training Program

Many organizations wish to have the capability of measuring the costs invested in employee training programs versus expected outcomes. A helpful scenario in determining costs and savings is comparing cost per employee against savings or profit per employee. There are steps one can use to ensure that this is done...

Employee Management

Review of “Building Better Boards” Article by Nadler

Introduction In “Building Better Boards,” Nadler (2004) argues that companies’ executives should dedicate more attention to the establishment of boards. In general, boards and board members are concerned with the discussion of issues that a business faces and in helping the management select the direction and strategy for future development....

Case Studies

Fameit Inc.: The Case Analysis

The majority of businesses face enormous problems related to the managers’ mistakes in leading their employees. A similar situation occurred in Fameit Inc., a manufacturing company producing customized frames. At the results-review meeting, one of the production employees, Maria, raised an issue about the lowered quality of the products since...

Case Studies

Financial Ratio Analysis: Management and Accounting

The process of examining the connection between two or more elements of financial data from a statement of financial position is known as financial ratio analysis. Jim’s Auto Body firm is utilized as a reference to measure the financial health of the bicycle repair sector in this research. With the...

Case Studies

Blue Nile Firm’s Accounting, Marketing, Finance, and Management

Introduction Orientation of production towards the customers, their interests, and preferences is possible only in market maturity and intense competition conditions. Therefore, enterprises need to adjust the marketing philosophy of business. Blue Nile’s case focuses on economic activities with clearly defined goals and adequately selected means to achieve these goals....

Company Analysis

Competitive Advantage Attribute of Johnson & Johnson

Johnson & Johnson is an American corporation with a global reach, specializing in pharmaceutical products and medical devices, amongst other consumer products. The company was founded as a family business in 1886 by three brothers, Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson, and today is the largest...

Case Studies

FLIK Hospitality and Services Company’s Mission, Culture and Philosophy

Background The team at FLIK Lifestyles creates innovative, cutting-edge solutions for the food and beverage industry, hospitality, wellness, and environmental services industries. It has been long since FLIK Hospitality Group first opened its doors (FLIK Hospitality and Services, 2019). Since its inception in 1975, the company has grown exponentially in...

Management

Do I Aspire to Be a Manager or a Leader?

The concepts of leadership and management are always identical, but many people do not quite understand the essence of their differences. There is no mystical or mysterious in leadership; it is not the privilege of a narrow circle of the elite. In fact, leadership and management in a company are...

Management

Knowledge Transfer Methods & Tools Application

Within modern businesses, keeping valuable information about the organization processes and employees’ experiences is vital for companies that want to sustain the quality of their services and products. However, there is a possibility when some workers depart from the organization or a team is disbanded so that their knowledge might...

Employee Management

Cultural Background in Conflict Resolution

Introduction In society, misunderstanding and disagreement usually occur amongst people fuelling the emergence of conflict. Despite the intensity or the extent of the feud, with the proper application of the conflict resolution approaches, individuals can manage with the help of mediators to settle back to a normal and peaceful state....

Company Analysis

Discussion of Crocs Company Supply Chain

The supply chain and fulfillment model typically used in the shoe industry The footwear industry has a typical pre-book supply chain system. Retail distributors placed bulk orders for inventory many months before; adjusting changes to suit demand was difficult. Pre-books happened at least four months before the company did deliveries...

Employee Management

Roles of Diversity and Inclusion in Modern Business Management

Illusion of Inclusion Diversity and inclusion play a considerable role in modern business management and leadership as the workforce may be represented by people of different ages, gender, ethnicity, religion, race, and sexual orientation. According to some sources, it may be highly beneficial to embrace diversity as it may introduce...

Case Studies

Bakery Company’s Unprofitable Development Case

Business Case Overview The current business case concerns a bakery company, which has selected an unprofitable development course and resulted in return on investment (ROI) losses. Therefore, it is essential to analyze the potential problems in the bakery industry and suggest a comprehensive business plan to regain ROI. In general,...

Case Studies

General Motors Company: International Marketing Channels

General Motors is one of the largest American automotive manufacturing companies, and it uses such marketing channels as direct sales and sales through retailers. More precisely, the company has several brand shops where it sells the goods directly to the customers. In addition to that, half of the manufactured goods...

Marketing

Air France Internet Marketing

Air France’s case portrays critical decision-making concerns that may demand a comprehensive understanding of the business strategies. I believe Griffin’s company must provide recommendations that will enhance long-term profit maximization in this industry. Thus, the team needs to endorse a tailored search engine system instead of a uniform design because...

Marketing

Mommy and Me: The Market Segments

Mommy and Me is the proposed apparel company that is going to develop a brand, IM HIS PRIORITY. Since an appropriate business model has been selected, it is reasonable to comment on specific market segments for the business. Since the company provides apparel items for mothers and their children, it...

Leadership Styles

Jeff Bezos’ Unique Leadership Qualities

The Chief Executive Officer (CEO) and founder of the giant company Amazon, Jeff Bezos, is one of the greatest transformational leaders in the world. At 31 years old, Jeff Bezos was able to start Amazon with tiny financial support from his company. The young computer scientist made what is today...

Marketing

Sensory Marketing: How Can Marketers Use Sensory Marketing to Their Advantage

Sensory marketing is a type of impact on a customer through their feelings and emotions. In other words, it affects human organs such as taste, smell, sight, hearing, and touch. Like the other types of this industry, it aims to attract and retain customers, that is, increasing the number of...

Case Studies

Fisher-Price Case and Corporate Public Apology

Product recalls are an unfortunate but natural consequence of mistakes in manufacturing or managerial processes. According to Downey (2020), “a product recall is the process of retrieving defective and/or potentially unsafe goods from consumers while providing those consumers with compensation” (para. 1). For example, a Michigan apple company recalled more...

Employee Management

The Importance of Diversity in the Workplace

The topic brought up by the speaker is diversity in workplaces. Nowadays, more and more companies are willing to invest resources and implement new HR techniques for the sake of creating a diverse team. This was not the case in the past since employers were not interested in creating equal...

Employee Management

International Human Resource Development

Role of Culture in HRD Culture refers to a set of norms, beliefs, or values that underpin social order in a community or organization. It has an impact on Human Resource Development (HRD) because of its effects on employee behavior (McGuire, 2014). The HRD discipline is also integrated with organizational...

Case Studies

Moral Justification of Private Property

Questions of moral principles, in this case, are somewhat controversial and have a dual nature. Firstly, from a certain point of view, the initially established relationship between businesses in the Global North and producers in the Global South does not affect moral issues since there is no theft or fraud...