Category

Business

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....

The Shire Plc. Ratio Analysis

Task This paper looks at financial standing of Shire plc., United Kingdom; the company is the pharmaceutical industry. The paper will evaluate the financial performance of the company for the last two years (2008 and 2009); it will concentrate on liquidity ratios, coverage ratios, activity ratios, and profitability ratios. Brief...

Effective Decision Making in Leadership

Introduction Decisions made in any organizations determine the effectiveness and the productivity of that organization. Organization’s strategies are made through decision making process. This paper is aimed at reviewing the steps that a leader should follow in making effective decision making. Additionally, it gives the benefits of effective decision making....

The Collapse of Enron Corporation

Enron Corporation was a company that dealt with energy, commodities and other services. Under energy, Enron sold natural gas and electricity and provided services such as financial assistance and risk management to clients across the world. It also provided commodities such as internet connection. Enron was founded in July1985 after...

Strategic Financial Management of Two Airline Companies

Introduction The airline industry is a tricky sector to invest in as it calls for maximum efficiency as one cannot gamble with people’s lives. Safety and security is paramount as people’s lives are involved, and the way the business is presented to people determines the duration the business will withstand....

Custom Snowboards Strategic Expansion

Although the company has done averagely well in its financial performance over the years, this report identifies some key features of the financial nature that may affect the company’s ability to access the proposed loan from the bank. The constantly declining profitability of the company may severely impair on the...

Board Diversity: Corporate Boards

The directors’ board is the most essential decision-making organ within an organization. Boards are assigned various vital responsibilities such as authorizing principal strategic along with financial decisions. They are also involved with the signing of mergers along with acquisitions (M & A s). The most crucial responsibility of the board...

The Financial Statement Analysis of Home Depot’s 2009

The financial statement analysis focuses on Home Depot’s 2009 and 2010 financial statements. The research focuses on the company’s vertical analysis results. The research includes a focus on the company’s horizontal analysis of the financial statements. The financial statements indicate it is profitable to invest in Home Depot. Income Statement:...

Quality Management: Tools and Techniques

Quality is a vital feature in any undertaking. Whether it is a process or product quality remains one of the most critical characteristic that must be carefully analyzed and controlled to add value to the process or product. Tools and techniques are available to ensure that quality management is professionally...

The Problems in Inventory Valuation Faced by Companies

Abstract Inventory valuation is done to meet the shareholder’s needs for financial information as well as that of other stakeholders. Inventory, for most companies like manufacturing companies, constitutes a large percentage (20 – 60 %) of the current assets. It, therefore, plays a big role in making decisions regarding the...

New Specialty Spark Plug Project Recommendations

Introduction This report will analyze and discuss the recommendations for the new specialty spark plug project, which our company is considering undertaking. This analysis will include the basic information that is needed to evaluate the project, and also the different methods and approaches that are suitable to make such financial...

Accounting: Financial Statement Differentiation

This paper explores the four major financial statements produced by entities to report the strength of an entity to be an ongoing concern. These financial statements include the balance sheets, income statements, cash flow statements and statements of shareholders equity. The paper examines in detail each of the financial statements...

The Business Case for Corporate Social Responsibility

Introduction This essay is intended to provide a critical evaluation of the views expressed by Archie Carroll and Kareem Shabana in their article that was published in the International Journal of Management Reviews in 2010. In this article the authors provide their own perspective on the role that the businesses...

The Main Principle of 3 TQM Model

Total quality management (TQM) is critical for every organization that is willing to establish positive and long-lasting relations with its clients. That is why various companies often refer to one of three TQM models: ISO 9001, EFQM, and MBNQA. There are a wide range of basic principles but, basically, these...

Production Management System in the Construction Industry

Introduction The construction industry is a key sector in a country’s economy, which handles extensive assortments of services such as construction, alteration, and repair of structures. In Japan, for instance, the industry absorbed 9.4% of the labour population by 1990. While in the US, the sector has realised close to...

BP and Shell Plc.: Financial Statement Analysis

Introduction Over the years, companies in the oil and gas industry have enjoyed large revenues. In the world, six supermajor oil companies dominate the petroleum industry. This paper carries out a three-year time analysis of two of these “Big Oil” companies, British Petroleum (hereafter referred to as BP) and the...

Farming in Abu Dhabi

Introduction A greenhouse is a structure that is made up of transparent materials such as glass or polyethylene bags. The structures come in different sizes depending on the class and scale of farming. Plants are being grown in these structures under controlled conditions. Greenhouse farming can be industrial, commercial, or...

Tesla New Product Line: The Competitor Analysis

Introduction Tesla Motors is a leading auto manufacturing company that designs, develops, and distributes electric vehicles across the U.S. In the last few years, the company has proven its ability to create innovative car designs and technology. The company’s primary markets include the U.S., China, and Europe. The company was...

Manager Characteristics and Capital Structure: Theory and Evidence

Introduction Capital structure decisions are one of the most exploited topics in corporate finance. Moreover, capital structure decision is one of the most critical decisions made by managers. Capital structure decision includes determining the proportional of debt and shareholders’ equity to be used when raising capital for the company. It...

Corporate Governance and Firm Performance Relationship

Abstract The paper at hand is devoted to the examination of the interconnection between corporate governance and firm performance. The relevant problem has been widely discussed throughout the past decades; thus, there is a large scope of scientific analysis that studies it from different perspectives. The key target of the...

Information Technology Impact on Audit Process

Introduction The use of information technology has been on the rise in the recent time. Many companies and businesses are heavily investing in acquiring and installing IT systems. There are a lot of advantages of this. Businesses are now turning to information technology to streamline their activities. This has changed...

Kohlberg on Manager’s Moral Reasoning Assessment

Introduction In the given review, the mean to approach ethical issue in business are going to be discussed. By using the ideas from an interview with Kohlberg, one can suggest an entirely new approach towards introducing company’s moral values to the employees. Background Information Ethics in business has always been...

Planning a Successful HR Strategy

Introduction Planning a successful human resource strategy requires an understanding of a number of factors. According to Gold and Fraser (2006), managing human resources is one of the most challenging tasks because it requires a deep understanding of the people the leader is working with, internal and external factors that...

Music Promotion Business Planning

Introduction The business environment is often characterized by dynamics that require financial planning and rationale in making decisions. Specifically, a business in the music industry is dependent on the perception and preference of the target clients. Thus, this reflective treatise explores the important factors in establishing a music promotion business,...

The Primary and Secondary Market Operations

Introduction One of the primary responsibilities of financial managers is to raise capital in terms of funds, because only a few firms can fund all their projects solely with their internal sources (Gallagher and Andrew 21). Sourcing of funds operates via financial markets which involve trading of securities. For this...

Risk Management Plan Analysis

Introduction About Risk Management In order to understand the importance of risk management, the report will provide an overview of risk management principles. This report will look into the responsibilities of a project manager and the development of a risk management plan that will mitigate the impact of risks encountered...

Why Stock Markets React to Accounting Information

Introduction Stock markets are systems susceptible to influences from various types of information. They are especially affected by accounting information (Wang, Fu & Luo 2013). Due to the varying interests of investment entities, this kind of data usually elicits reactions in the stock markets. Creditors, investors, and regulatory authorities make...

Operations Management at Zoe’s Kitchen

Introduction This discussion revolves around the identification and description of a number of areas where Zoe’s Kitchen can make improvements, especially in areas of its operations, to develop a stronger market position. The paper also highlights the interrelationship between the areas of improvement that are suggested. While the discussion under...

Apple Computer Inc.: Financial Statement Analysis

Apple Computer Inc (AAPL) produces software and consumer electronics such as computers. Steve Wozniak and Steve Jobs founded Apple in 1978. The company revolutionized the music industry with the release of the iPod that gave the customers the opportunity to experience and listen to music in a very different manner....

Impact of Corporate Governance on Firm Performance

The chosen research topic is the impact of corporate governance on firm performance. This topic was chosen because of the increased interests that have been expressed towards corporate governance. Due to the fall of businesses in 2008 and the prevalent business scandals, corporate governance has become an important organizational aspect....

The Importance of Accounting

We will compute the overhead and total cost per product using the traditional costing method. Thus, total cost = the cost for each product. By implication, total cost (Widgets) = Direct labor cost + direct material cost +overhead cost (Cooper and Kaplan 43). Therefore, the total cost (widgets) = 100,000...

Nybrostrand Company: Income Statement

Account Debit Credit Revenue 586,000 Cost of goods sold 264,500 Gross Profit 321,000 Expenses Marketing 4,500 Depreciation Expense 24,350 Insurance 1,400 Property taxes 16,900 Rent 28,000 Salaries 78,500 Utilities 6,700 Net Profit 160,650 A careful analysis of the two income statements shows that there is a discrepancy between some critical...

Aspects of Expatriated Employee

Introduction Expatriate management often involves the use of cultural assimilation practices to help expatriates adjust to the new office environment that they find themselves in. Even if it is the same company, merely in a different country, the fact remains that these branch offices often function under a different business...

Theory and Practice of Operating in the Capital Market

Baker and Martin argue that the term capital structure refers to a combination of debt and equity capital that helps managers to achieve their objectives (Baker and Martin 144). First, managers should consider the merits and demerits of both equity and debt capital so that prognoses could be made and...

Forms of Leadership: Transformational Leadership

Numerous forms of leadership exist, and all aim at helping achieve the desired goals of the organization. Some of the leading firms are considered more effective than others. There has been a sharp contrast between the two forms of leadership: transformational and transactional. Transformational leadership is considered as the leadership...

The Recommendations to the Management of the Affected Companies

The ethical analysis conducted on this case reveals that the parties and stakeholders engaged in unethical business practices. Blanchard and Peale’s test confirms that the conduct of Kenneth Branch, Mr. Erskine, and Steve Griffin directly contravenes the law. Mr. Branch’s idea of sharing classified documents belonging to Lockheed Martin for...