Category

Business

Evaluation of an Organization’s Performance Indicators

Measures used to evaluate an organization’s performance versus its strategic goals are known as Key Performance Indicators (KPIs). KPIs are used in a variety of ways by organizations to measure their progress toward their goals. For example, key performance indicators (KPIs) can be used to track several aspects of an...

Entrepreneurship and Small Business Management

Introduction: Abdulla Elyas as an Example of Local Entrepreneur Abdulla Elyas is a co-founder of a ride-hailing company, Careem, the number one car booking app for affordable and reliable transportation in MENA (Endeavor UAE, 2018). He was born in Saudi Arabia and raised in Germany. He graduated Magna Cum Laude...

Change Management Theories in Business Practice

Change is an unavoidable, but dreaded, part of running a business, which naturally incites uncertainty and contradictory reactions among employees. Certain employers tend to suppress any resistance without dialogue or negotiation, which is neither only nor the most efficient way to face evolution. The change management models are intended to...

Financial and Risk Management for Events

The Singapore MICE Forum in Singapore was organized amid the COVID19 pandemic. The event was limited to the one-on-one interaction that would see many business people and organizations come together for the event. The event delivered a keynote address, which concentrated on how activities will grow in the long term....

Analysis of Managerial Decision-Making

Background Decision-making is self-explanatory – it is the consideration of the possible scenarios and consequences and the eventual choosing of one. For a manager, decision-making is often a complex and challenging mission, due to the mounts of responsibilities that they have. Both on the business side and on the social...

Barriers to Entrepreneurship and Innovation in Australia

For a country to oversee economic growth and development, small and medium-sized enterprises (S.M.E.s) are important for entrepreneurship innovation. In this regard, the economy of a nation is entirely dependent on the economic power of its existing and new ventures (Kotey and Sorensen, 2014). As such, federal governments must initiate...

Effect of Societal Obligations on Business

Background Social responsibility is integral in any organization’s general performance. Societal obligation improves the monetary performance, therefore, enhancing the growth of the company’s maximum income in the competing market (Lattanzio & Litov, 2019). Previous literature shows a consistent association between societal accountability and the general and economic outcome of an...

Risk Management Team from Corporate Perspective

Introduction Risk management is one of the priorities of the company during the implementation of processes and activities. Risk-based planning is constantly encouraged by the top management of the organization. The risk management team identifies techniques to assess potential issues for the business. Its primary responsibilities are adopting an effective...

Corporate Entrepreneurship: New Product Development

New product development has recently emerged as a source of competitive advantage. It contributes to business growth, ensures continuing business success, and enhances profit performance. Therefore, business planning and processes involved in new product development are crucial in strengthening a business’s competitive advantage. This paper addresses the main issues that...

Accounting in a Business Context

Abstract This paper will show the analysis of the financial statements between the years 2010 and 2011 for Marks and Spencer. It will also show the analysis of the ratios for the same two years, 2010, and 2011. Furthermore, the paper will show the significant changes between the years and...

DELL: Workflow Layout

The Coupling Elements of the Production Workflow at DELL DELL implements the Just-in-Time (JIT) or “build-to-order” model which facilitates the coordination of different production processes and increases supply chain flexibility (Songini, 2000, par. 2). The company uses the information technology (IT) system that allows it to integrate different organizational workflows...

Conflict Resolution in the Workplace: Case Study

Introduction Disagreements within work environment are unavoidable. If managed prudently, such disagreements can act as a medium for change and may have a positive effect on workers. On the contrary, if conflicts are not managed well, they may have a negative impact on job performance and worker satisfaction. When disagreements...

Cultural Diversity in the Workplace

Introduction Diversity at the workplace refers to the variations exhibited among individuals who serve as employees in an organization. The attributes which display the broader scope of differences between people are gender, age, race, skills, ethnic background, the language of communication, and religion, among other defining characteristics (Manaf & Yazen,...

National Culture’s Impact on Organizations

To begin with, a fruitful organizational culture is frequently based on the set of values, expectations, and customs essential for an institution’s operations. As a result, such guidelines seem the driving force for setting goals that the company should reach to gain business success. Consequently, to assess its culture, the...

Moral Corporate Culture

Introduction The corporate culture of a company influences its stakeholders’ moral judgments. A strong corporate culture is essential in influencing employees to act and speak honestly. The characteristics of a company’s culture determine the nature and quantity of business that it attracts. There is a strong correlation between corporate culture...

Aspects and Issues of the Contract

Introduction A contract refers to a valid agreement of two business entities or individuals whereby each of the parties involved is supposed to or not to do a specific thing. The agreement does not include what the parties involved believed or understood about the meaning rather than the meaning documented...

Brand Advertisement: Samsung

This ad presents new series of Samsung smartphones – A series, the most democratic in prices, and, at the same time, is characterized with excellent functionality. The brand maintains a constant pursuit of innovation and is ahead of market trends in both functionality and price/quality ratio. This is a company...

The Legal and Ethical Environment of Business

Introduction The legal deliberations and pronouncement, in this case, absolved the defendants United Parcel Services Inc. (UPS) in the case of Sarah Crone v. United Parcel Services, Inc. 301 F 3d 942 (8th Circuit) (2002) because the applicant, Ms. Crone could not conclusively prove that her being overlooked for promotion...

Wal-Mart Stores, Inc.: Company Analysis

Strategic Overview Wal-Mart Stores, Inc. is a global retail chain that takes pride in being the largest company in the industry throughout the world. Wal-Mart is headquartered in the United States of America, but runs its stores in Europe, Asia, and South America. The company sells a wide range of...

Designing Learning and Talent Development Strategy

Introduction It is hard to disagree that to build capability that successfully meets business needs and allows a company to work as a whole and achieve its objectives, it is essential to consider the state of its managers and employees. In other words, strong and competent workers who are sure...

Qiddiya Project: Analysis of Supply Chain Mapping

A supply chain map usually offers the basis for modifying or redesigning an already existing supply chain. It allows an individual to visualize the supply chain and identify areas that require much analysis to be rectified. It also reveals inefficiencies that are only visible when one segment of the supply...

Developing Skills for Business Leadership

Introduction The current module has remained valuable to me since I have developed several skills that will help me study the rest of the module and manage a business in the near future. The module also prepared me with the necessary postgraduate skills and a firm level of IT expertise....

Cultural Diversity in Business

Supporting cultural diversity offers an organization an opportunity to enlarge its horizons. Supporting workers from various settings to share their business practices and belief systems with the organization can promote its capacity to solve problems (Lozano & Escrich, 2016). In some cases; however, diversity in culture, especially in the business...

Entrepreneurship and Leadership Styles in Organization Performance

Introduction Entrepreneurship involves creation of a new enterprise and assuming all the risks involved to make a profit. A person has to uphold entrepreneurial characteristics to succeed in the business venture. They ensure that production factors, such as labor, land, capital, and raw materials, are available and well organized to...

Knowledge Management Strategy

Introduction to Assignment Knowledge is the modern’s company’s most important asset after land, capital, and labor. There are two types of knowledge when it comes to knowledge management is tacit and explicit knowledge. Tacit knowledge is more intuitive, easier to package and share with others. For instance, it is used...

A Successful Brand: Product and Place Distribution

Introduction The selected product is a new wireless headphone and microphone that fit in the palm of the customer’s hand and have superior output and volume. Such innovative headphones from Stereo will allow the customers to use them without interrupting their daily tasks. Due to their little size, they are...

Tools for Successful and Effective Leader

When Kolab held the President role, the team was not as supportive as they were before. It was because of the behavior that Kolab has shown at the workplace. She was more into working efficiently rather than building relationships at the workplace. The team was not comfortable with such an...

Gap Inc Company’s Management Challenges

Background Introduction Gap Inc. was established in the year 1969 by Don Fisher to provide maximum customer convenience and satisfaction. The company’s vision was to offer a wide variety of clothing to improve the customer shopping experience. Banana republic, Gap, Old Navy, and Forth and Towne are the best-known clothing...

Imperfect Competitive Market: Monopoly and Monopolistic Competition

Abstract Imperfect competition refers to a specific stiff market situation having several sellers offering heterogeneous goods and services, as opposed to a perfectly competitive market setup. The imperfect competition allows some suppliers and industries to make surplus profits. Sellers enjoy the monopolistic benefits of influencing the market price resulting in...

Conscious Business Ethics and and Business Activity

Introduction Specific rules and norms regulate all social relations. The set of these rules is called etiquette. In the business environment and any sphere of public life, there are their own rules of behavior, which are designated by two words – business ethics. For example, many large corporations today promote...

Gym Project Management and Resource Plan

The project, which entails converting a warehouse into a fully functioning gym and fitness facility, also depends on the appropriate resource plan adopted by the project management team. An appropriate resource plan will enable effective resource acquisition and allocation during the different stages of the project. Another reason for putting...

Dynasty Restaurant: Job Satisfaction and Employee Turnover

Abstract Employee empowerment decentralizes some of the decision making from managerial to non-managerial employees. The following study provides information and insight into the effect of employee empowerment programs in the restaurant industry, using the Dynasty Restaurant in Hong Kong as a case study. The study gives an overview of employee...

The Impact of Management Training on Employee Performance

Abstract The research study explores the impact training has on the employee’s performance and attitude. It was carried in the department of F&B in City and Dreams Macao. The aim of the research study was to investigate the impact management training has on the employee’s performance and attitude in the...

Tesla Inc.’s Marketing Communication

Introduction Tesla Motors is an electric vehicle manufacturer based in the United States. Millions of individuals throughout the world favor their automobiles. According to research, “it is no surprise that after the initial presentation of their new model Tesla 3 in March 2016, Tesla registered more than 250 000 preorders...

The Marketing Mix: Products, Brands and Their Distribution

According to American Marketing Association (AMA) (Lake, 2011, para. 1), brand refers to a sign, symbol, name, term or a combination of all of them that are aimed at differentiating the products of one firm from those of the competitor. To attain a high competitive advantage, organizations management teams have...

Buying Behavior and Market Analysis

Consumer decision-making process depends on the amount of effort that goes into the decision every time a purchase has to occur. Some researchers view it as a continuum, which depends on one end by habitual decision-making and the other end by extended problem-solving. Most purchase decisions fall somewhere in the...

Apple Company Inc. SWOT Analysis

Introduction Apple is a technology company based in Cupertino, California in the United States. The leading technological company was started in 1976 by Steve Jobs and Steve Wozniak. The founder later left the firm and is now run by Tim Cook as the CEO. As of the year 2020, the...

Amazon Company’s Business Management Strategies

Digital Winners and Losers The digital revolution, alongside its widespread disruption, is creating a significant divide between business losers and winners. Winners embrace or adopt digital technology and utilize it to improve their business procedures in an attempt to gain profit and revenue benefits (“Competing in 2020,” no date). Amazon...

ECBG Cake Studio’s Business Model Canvas

Introduction This paper examines the essential elements of a bakery business, making a clear picture of an idea in an apparent way. This report describes the financial challenge facing ECBG Cake Studio in Chicago and the possible solution to suit their challenge using the Business Model Canvas. ECBG is a...

Amazon Company’s Information Technology During COVID-19

Amazon Core Business in Information Technology Amazon industry is an enormous internet-founded initiative based in America, and its core business retails in computer technology is the Automated Commerce typically recognized as E-commerce. Trading in services or products is conducted through computer networks such as the internet. E-business allows the organization...

Google Company’s Analysis and Business Strategy

Strategic Profile and Case Analysis Purpose The event under focus is the restructuring of the world’s most renowned web search company Google into a subsidiary of Alphabet. The decision to change the structure was made in 2015 when Google founders and key people Larry Page and Sergey Brin faced substantial...

Team Development and Group Performance

Stages of Group Development Group development is a theoretical framework encompassing a five-stage level. A team comprises different people from different backgrounds. In this case, there are dynamic levels of interaction among the members with the aim of determining the core goals and objectives for the crew. The five phases...

World Travel Agency and Holiday Seekers Travel Agency: Change Management

Possible Impacts of Change The merger that World Travel Agency and Holiday Seekers Travel Agency undergo will affect both companies substantially. The firms’ management should recognize the scale of changes and create an account of all details that will be impacted. For employees who will encounter insecurity and new job...

Tata Motor’s Corporate Social Responsibility

Introduction This report contains recommendations for Tata Motors, which is an Indian car company, about how to improve its compliance with ethical behaviour, integrate well with its global dynamics of trade, and create synergies between the business and its environment. Compliance and Management of Ethical Behaviour Organizational compliance and ethical...

Uber Firm’s Market Structure and Competitive Evaluation

Four market structures are generally distinguished in theory: perfect competition, monopolistic competition, oligopoly, and monopoly. In perfect competition, all of the competing companies offer homogeneous products while consumers have perfect knowledge of all products and prices. The barriers to entry are low or nonexistent, which leads to price competition that...

Sales Proposal for Business-to-Business Collaboration

Introduction With the changing demand patterns due to different factors affecting the economy, it is crucial to analyze the best-selling products. The current worldwide pandemic makes it challenging for producers and distributors to effectively deliver their products to the final consumers in different parts of the target locations. However, with...

Al Mazyunah Zone: Marketing Strategies for Investors

Al-Mazyunah Free Zone is a free trade zone located in Oman close to the Yemeni border, which makes it well-positioned to serve the markets of Yemen and the Horn of Africa. Despite this location advantage, the zone has an insufficient number of investors from Yemen and especially from the Horn...

Employee Engagement at STAR Seychelles

Introduction Human resources are perhaps the most important of the factors that determine the success or failure of an organization or a business. It might be possible to state that having highly qualified, skilled, and motivated staff may often be sufficient for a company to survive in the times of...

Performance Appraisal and Employee Attitudes in Giorando

Abstract In the present day business environment which is highly competitive, the contribution by the employees of an organization is of vital importance for the success of the organization. The success or otherwise of any business entity depends largely on the performance of its employees. Hence it becomes crucially important...

Impact of Changing Organizational Culture

Introduction Organizational culture consists of internal behaviors and values that every organization upholds. The values and behaviors comprise of beliefs, way of thinking and future expectations. When it comes to leadership, changing an organization’s culture tends to be one of the hardest tasks for the managerial staff. The main reason...

The Future of Social Media in Marketing

The rapid evolution of technology has tremendously shifted the marketing environment. New media platforms are constantly emerging, all to involve, connecting with, and engaging consumers. As a result, the digitalization of the marketing landscape has shifted the consumer-marketer relationship, and consequently, diffused into interactive media, thereby changing the concept of...

Risks Events Associated With Construction Projects

Introduction The construction is considered one of the biggest and critical industry towards economic development of a country. However, the sector contributes to almost 35% of the world economy (Jayasudha and Vidivelli 6946). This is owing to the job opportunities, returns property owners are entitled to, and the amount of...

International Marketing: Marketing Summaries

Alternative market entry The four different techniques that a firm may utilize to enter the market are contractual agreements, direct foreign investment, exporting, and strategic alliances. The modes are further categorized based on either the equity or non-equity needs of each approach (Cateora et al., 2011). The magnitude of the...

Tesla Motors: Mission, Vision, and Proposition

Introduction Tesla is a technological company in the automotive and energy solutions sector founded in 2003 by Marc Tarpenning and Martin Eberhard. It is named after Nikola Tesla, who devised the technology. Elon Musk mainly funded the company’s operations through PayPal. The founders sought to develop sports electric cars. The...

Comparative Analysis of the Supply Chains at Zara and Schoeller Industries

A supply chain comprises the entire system in a company or business that manages the sourcing of raw materials, production processes, and delivery of finished goods and services to the end-users (Min et al., 2019). It is a crucial factor alongside logistics that enables businesses to have a competitive edge...

Netflix: A Report on Employee Handbook

Employee handbooks, also known as procedure or workers’ manuals, are vital assets for employers and staff. The documents give individuals, especially newly recruits, an overview of policies specific to a company and routines, procedures, benefits, or guidelines. Generally, companies’ field guides set expectations for employees while stating legal requirements and...

Manchester Fire and Rescue Service: Case Study

Background Institute of Risk Management (p.2-5) and Moteff (pp.20-22) have documented Risk management Planning in literature as a sustainable practice for identification, assessment, evaluation, prioritization of resource allocation towards risk mitigation and cost-effective approaches toward implementation of a risk management framework that could result into reduction of risks and threats...

The Boeing Company Analysis

Account of Boeing’s third-party tiers suppliers The outsourcing for the manufacturing of aircraft by Boeing has led the way to open the partnering institutes or suppliers to provide their material for the assembly of the world’s largest company’s aircraft. For this direction, the very first step was taken in 1974;...

Innovations at Netflix Company

Introduction: What is Netflix? Netflix is a digital streaming service that emerged comparatively recently as an alternative to other better-known options, which included Hulu and Amazon at the time. Having grown and expanded over time, Hulu has warranted the support and trust of its users by providing a variety of...

IKEA Asset and Process for Supply Chain

IKEA is a large Swedish furniture company specializing in designing and selling home accessories and furniture in a ready-to-assemble form. The ways in which the company has organized its cooperation with suppliers and relations with customers allows it to offer thousands of products in its stores for low prices while...

Transformational and Transactional Leadership for Employee Entrepreneurial Behavior

The article by Afsar et al. (2016), entitled “Transformational and Transactional Leadership and Employee’s Entrepreneurial Behavior in Knowledge-Intensive Industries,” was published in The International Journal of Human Resource Management. The researchers aimed at exploring the influence of transformational and transactional leadership styles on employees’ entrepreneurial behavior and the mediating role...

StarTech Company’s Supply Chain Recommendations

StarTech is a manufacturer and the distributor of hard-to-find technology products. During the preceding four years, its revenues increased by more than $70 million. This increase made the operation of the company more complicated and revealed the necessity to improve the supply chain. Currently, StarTechs products are sold either through...

Emotional Intelligence: Aspect of an Organization

Emotional intelligence can be traced back to the works of Charles Darwin on the importance of emotional expression for adaptation and survival. The term was first used by Wayne Payne in his doctoral thesis. This field is still new in its development within the psychological field. The term emotional intelligence...

Succession Planning and Employee Management

Succession planning Succession planning enables the organization to identify talented employees and provide education to develop them for future higher level and broader responsibilities. It helps the employees to build bench strength and helps them to decide where they belong to. As the workforce ages and competition for skilled employees...

Managerial Leadership Styles in London Hotels

Leadership theories There are eight main types of leadership theories. “Great Man” Theories: These take for granted that the capability for management is inborn – that great leaders inherited their skills, but not acquired. Feature Theories: Alike in some ways to “Great Man”, trait theory presupposes that people take over...

Just-in-Time Management Definition and Techniques

Executive summary Just-in-time is a method of running operations in an entity to ensure that they operate proficiently and leanly with an aim of minimizing waste and enhancing the quality of output. The system was developed and implemented in Japan in the 1970s. Some of the vital elements that need...

Financial Statements: Importance and Effect

Introduction In the business world, effective financial management practices foster the decision-making processes concerning financial performance. In this regard, understanding the meaning of different financial statements goes a long way in facilitating the financial sustainability of the company, thus boosting its competitiveness (Healy & Palepu, 2012). Therefore, this paper looks...

H&M Company Developing a Business Strategy

Introduction The organization where I am working is H&M as a Business Analyst, so in this task, I can prepare and develop the business strategy for H&M. To prepare the business strategy, the report is proposed, which can discuss the process and different analyses for the H&M. The main aim...

Masaki Water Bottling Company’s Business Plan

Introduction Background Water is an important and vital resource for human beings. It sustains life and makes it possible to carry out different social and economic activities. However, inequalities in the management of water and lack of adequate access to this commodity have created scarcities in the market where pockets...

Nestle’s Corporate Level Strategies Evaluation

Introduction Nestle is a multinational corporation that operates in various parts of the world and occupies a significant market share. The long history of leading the food and drink industry has contributed to the company’s strong strategies in business, operational, and corporate domains. Given the multinational, diverse, and complex nature...

Apple Watch Analysis: Porter’s Five Forces Model

Introduction Apple Watch is Apple’s first wearable device that was launched in 2015. Its development and entrance to the market of wearables include both advantages and drawbacks. By analysing the industry of wearables, it is possible to understand the trends that were related to the entrance of the identified product...

The Total Quality Management: Main Benefits

The modern business world is characterized by stiff competition, so organizations need effective strategies to maintain their competitive advantage. The use of total quality management (TQM) approach is now seen as one of the ways to attain this goal (van Kemenade and Hardjono, 2019). This model was developed in the...

Airline Route and Fleet Planning

Introduction Airline companies have generated the idea of offering some extra benefits to their customers flying the economy class. The premium economy class will help to diminish the difference between the business class seats and the standard economy class seats. The notion of the proposed premium economy class would be...

Role of Quality in Business Success

Attributable to the effectiveness of Japanese endeavors, quality changed fast in the course of the 1980s, and companies in the United States started realizing competitive benefits and establishing the negative effects of the lack of excellent systems (Vokurka, Stading & Brazeal 2000). With clients insisting on excellence and competitors reacting...

Managerial Decision-Making in an Organization

Introduction Decisiveness is an attribute that sets skilled managers apart from poor ones. Poor decision-makers are not fit to hold managerial positions. They are better off serving in an administrative capacity. Decisions are integral aspects that establish and determine the future of organizations. It is essential to make sound decisions...

Inventory Management in Nokia Company

Introduction Nokia has formed 137 years ago as a paper, rubber, and tires manufacturing company, by merging three companies. It entered the telecommunication industry in 1960, initially making radio transmission equipment (Haikio, 2008). In the 1980s, Nokia acquired several companies such as the Standard Elektrik Lorenz of Germany, Ericsson’s information...

The Concept of Psychological Contract in Business

Introduction Nowadays rapidly changing world sets new opportunities and challenges in the field of human resource management. There is a growing number of organizations that tend to change their the job contracts’ nature or structure (John-Brooks, 2014). At this point, the employees are considered as the paramount business drivers that,...

The Role of Ethics in Business Intelligence

Introduction Business intelligence (BI) refers to a collection of methods, tools, techniques, and approaches that businesses use to acquire and transform data into information that can be analysed and used to improve business processes (Biere, 2003). Technologies applied in BI roles possess the capacity to handle large volumes of unsorted...

Discrimination and Affirmative Action

Discrimination refers to acting in a way that adversely or positively affects the individual acted upon. It can either be conscious or unconscious based on the available knowledge. Conscious discrimination is the act of discriminating in a case where the actor of the discriminatory action is aware that he/she is...

Project Management: E-Commerce

Product-by-value analysis entails value phases that occur in the day-to-day operations of a firm. In addition, it depicts the various stages that a particular product undergoes. These stages include research and design (R&D), product design, actual production as well as product distribution. The product-by-value analysis is particularly useful in the...

Supply Chain Management: Key Issues

A supply chain encompasses the entire process and movement from the source through the production and distribution process and ends at the customers end. Clearly, all organizations have some form of supply chains however; some may be very simple while others may be long and complex involving numerous distinct groups...

Marketing Management and Communication

The business plan seeks to develop a business enterprise named the Easy Access coffee cyber. This is a modern internet offering cybercafé that provide its services plus a subsidized cup of coffee. Other than that is will assist its customers in filling online stuff and assist the customers in any...

Operations Strategy in Global Environment

Identify how changes in the external environment may affect the OM strategy for a company The two main factors affecting operations management are changes in external and internal environments. External changes are factors beyond management’s control which affect operations by causing loss in profits, high employee turnover rates and restricted...

Al Yasra Food Company’s Marketing Plan in the UK

Introduction Al Yasra Food Company is one of the leading organic food companies in the Middle East. According to Kotler (2009, p. 89), the market for organic foods has been expanding rapidly over the years because people are becoming sensitive over what they eat. One of the most successful products...

Hazardous Materials Management: Incident Action Plan

Introduction An incident action plan refers to a “Specific Emergency Response Plan used to outline the activities to be taken in the event of an emergency (in) response to a hazardous material” (Gantt, 2009, p. 45). According to Russell & Simpson (2010), the plan is used to identify possible hazards...

Managing People in the Organization: Corporate Sustainability

Introduction Corporate sustainability can be defined as current and evolving management for corporate paradigm which acts as an option for traditional goals of growth and profit. Corporate Sustainability emphasizes on societal goals, like social ethics and sustainable development. Sustainability being an option for traditional goals of the firms mixes four concepts of management...

Communications Strategy and Plan For Risk Management Resilience

Introduction A marketing communication’s strategy includes a message, medium, and target. The message is the goal of RMRRU—ensuring the safety and national security of the Kingdom. The medium of communication in the modern world should involve digital sources—RMRRU’s social media, messengers, and emails. The target of this communications plan is...

Applying Marketing Concepts to Inform Company Strategy

Contemporary theories provide several definitions of marketing, with the most popular one to envision it as a process of creating, communicating, and providing products to end customers targeting to satisfy individual needs. However, to identify and fulfill the needs, wants, and demands of different consumer groups, it is important to...

Business Strategy: Porter’s Five Forces and BCG Matrix

Porter’s five forces The strategic analysis model of the five forces of competition was created by Michael Porter in 1979. Porter used five structural units to describe ways to achieve a competitive advantage and long-term profitability of a company or a certain product. The main goal of this strategy is...

How Workplace Diversity Affects Organizational Development?

In the workplace, diversity plays a key role in organizations by promoting their creativity and making more open to change. The trends of globalization, including the fact that employees and employers from various countries become closer to each other, there is a need to manage diversity. The current labor force...

Abbott Northwestern Hospital: Strategic Leadership

HCAHPS Scores My hospital of choice for analyzing HCAHPs scores is Abbott Northwestern Hospital that is situated in Minneapolis, Minnesota. It is the largest not-for-profit facility serving the Twin Cities and the Upper Midwest communities. As indicated in the Hospital Compare website, Abbott Northwest Hospital’s (ABH) overall HCAHPS score is...

Ryanair Business Strategy

Introduction Ryanair is a Dublin-based carrier that dominates the European airline industry in terms of passengers flown. It is famous for its rapid expansion following the European deregulation of the aviation industry (Ryanair Group, n. d.). Although it has a prominent low-cost business strategy copied by many followers, the company...

Systems Leadership in Organizations

Systems leadership provides the best models to understand the behavior and culture in organizations. The approach provides the best tools to promote organizational performance. Some of the tools used to promote organizational gains include proper behavior, symbols and systems. These tools result in the best organizational frameworks and promote organizational...

Organization Principles of Work of the Company Toyota

Determine the impact of the company’s mission, vision, and primary stakeholders on its overall success Mission and vision statements play important roles that impact on the success of the company. Firstly, these statements communicate the purpose and values to the primary stakeholders. Employees, investors, customers, suppliers, and the government are...

Distribution Dominant in Supply Chain

Introduction Overview of distribution in supply chain Distribution refers to the “steps taken to move and store a product from the supplier stage to a customer stage in the supply chain”. Distribution dominance is significant in a supply chain because “it is a key driver of overall profitability of a...

Debt Financing in the Company’s Capital Structure

The impact of using more debt financing in the capital structure A capital structure gives the mix of various capital sources that are used to fund the operation of a business. Analyzing the capital structure of a company is of utmost importance because it determines the rate at which a...

Service Quality and Business Performance in the UK Hotel Industry

Introduction The article Service quality and business performance in the UK hotel industry by Denis Harrington and Gary Agehurst presents a detailed study on the performance of hotels in the United Kingdom. This study presents an analysis of how the UK hotels perform and the implication of the business towards...

Willingness to Communicate and Ethnocentrism

Introduction Culture describes the ways of a community’s life, the manner in which people conduct themselves, their design of life, and the way they cope with physical, biological, and social surroundings. The main components of culture include its systems of values, norms, beliefs, and material possession. Culture description covers belief...

Methods of Financial Management in Organization

Introduction Financial management is an important process in many organizations because without proper management of cash an organization can incur losses and eventually cease running. Adequate liquid cash is needed by any organization at any time to invest in various profit-generating businesses or simply to meet the companys current operations....