The workplace conflict between employees and supervisors stems from a power imbalance identified as the source of the conflict. This can be attributed to a need for more understanding and trust between those with different levels of authority. It is essential to identify the root cause of the conflict and...
As the popularity of the Nike brand grows, the demand for its products increases, which leads to an increase in the company’s revenue. On the other hand, Nike is a large company with 190 stores in different countries, which means that they have the capability to increase their supply of...
The book by Roger E. Allen, “Winnie-the-Pooh on Management,” is unique in presenting the material and the practicality of the information. The author lists six functions that a successful manager must master. Particular attention should be paid to the aspect of communication with colleagues and partners in order to ensure...
Introduction Many people, who are interested in entering the sports industry, are inclined to view ticket sales as one of the most popular “foot in the door” positions. This initial perception about ticket sales is widely spread because this entry-level position gives an individual the opportunity to easily start working...
Introduction Entrepreneurship is a well-known concept in the modern business world. The question of whether it applies to already existing and developed companies is controversial, as it is usually associated with small start-ups, while corporations are viewed as rigid and bureaucratic. As a result, it is critical to investigate if...
Emotional intelligence (EI) is a set of skills by which a person can recognize and deal with their own emotions as well as other peoples’. In many ways, a person’s social skills and the ability to build communication with others depend on emotional intelligence. A high degree of emotional intelligence...
Introduction Organizational change is a complicated process that affects all levels of management, including social relationships among employees and their perspectives on the company’s development. After all, organizations consist of people, and it is impossible to completely neglect the social aspect of organizational growth. Hence, it is critical to remember...
Introduction It is essential to emphasize that organizational culture is a set of attitudes, norms of behavior, and value orientations that are shared by all employees of the organization. The organizational culture displays the image of the organization, its social and psychological climate, customs, values, rituals, traditions, distinctive signs, corporate...
Case management makes it possible to solve specific situations and achieve specific business goals. On the other hand, business process management (BPM) focuses on managing work processes that are repetitive and independent of circumstances (Kir & Erdogan, 2020). Accordingly, the main difference between case management and BPM lies precisely in...
Introduction The history of Coca-Cola, a company with a big name, began with the invention of headache syrup based on: sugar, water, caffeine, extracts from coca leaves, and cola nuts. In 1886, in Atlanta, a medicinal decoction was brewed at home, which was supposed to bring cheerfulness and neutralize Migraines....
Introduction Any social culture built on interactions between people, including the corporate environment, seeks to be able to motivate subordinate individuals to conform to expected behavior. A department head wants their employees to show high performance, adhere to ethical standards, and build positive relationships with co-workers. A parent wants a...
The organizational culture of any company is a reflection of the general philosophy of production, reaction to external factors and the attitude of employees to their work. In business and management, this phenomenon has a bilateral nature, assuming that by accepting the philosophy of the company, over time, the person...
Introduction Netflix is a service that specializes in providing entertainment via streaming media. Payable subscribers can access the platform’s extensive library of movies, TV episodes, documentaries, and more (smartphone, smart TV, laptop, etc.) whenever, anywhere, and on any internet-connected device. However, as was previously stated, Netflix did not initially employ...
Introduction To have an effective workplace, motivation is a vital component of component. Employers must learn how to encourage their employees to increase production and efficiency. This essay defines motivation and the theories that explain own motivation, the distinction between extrinsic and intrinsic motivation, the relationship between value systems and...
An organization’s assets must be protected to preserve the integrity of its operations. The basis for a thorough and systematic risk assessment is provided by risk management principles (Fraser et al., 2021). Corporate security professionals may predict, detect, and evaluate possible risks and create methods to mitigate them by knowing...
Introduction Mark Cuban Cost Plus Drug Company (MCCPDC) operates under the name Cost Plus Drugs and aims to reduce the price of a specific group of drugs. The company’s main strategy is to reduce the price of generics or off-patented medications by eliminating costly intermediaries and a fundamentally different pricing...
The methods and techniques that businesses employ to safeguard information are referred to as information security. This involves setting up security measures to prohibit unauthorized users from accessing sensitive data. Network and infrastructure security, testing, and auditing are just a few of the many topics covered by the expanding and...
The selected organization is a producer and distributor of healthy food in Zimbabwe and some neighboring countries. It is a small business and is growing quite successfully. According to its founder, the current level of investment attraction is conducive to its expansion and prosperity (Chideme, 2022). Upon the completion of...
Introduction Throughout its history, Microsoft has been able to create and maintain a competitive advantage by developing innovative products, expanding into new markets, and making strategic acquisitions. This paper examines the impact of globalization and technology on Microsoft applying the industrial organization and resource-based models on the company’s operations. It...
Business and International Strategies Business strategy is essential for companies to remain competitive in a global and digital economy. Airbnb’s international strategy has allowed it to expand outside of the United States and into over 100 countries and 630 cities (Fleischer, Ert and Bar-Nahum, 2022). This strategy has assisted them...
Introduction This report was commissioned by the CEO of Pan National Real Estate Company. The report aims at developing a quantitative model that can be used to predict the prices of houses based on their area in square feet. This model will be then used to determine a benchmark price...
Management includes developing a corporate atmosphere for personnel and employers to work collaboratively to accomplish the company’s goals. Therefore, business management encompasses the coordination and administration of company activities (Khanka and Gupta, 2022). Managers monitor procedures and assist employees in achieving optimum performance. In addition to supervising and training new...
Introduction Among other types of rewards, non-monetary bonuses, such as flexible working, extra leaves, additional opportunities for responsibility or creativity, and others, provide several advantages. These are the more cost-effective options because acknowledgment is the main focus that delivers value from employees’ perspectives. Non-monetary incentives have an immediate effect and...
Chapter 5 concerns the situational approach to leadership, which consists of both a directive and a supporting component. Directive leaders assist team members in reaching their objectives by providing instruction, defining responsibilities, creating timetables, and establishing criteria for success (Northouse, 2015). The opposite is true of supportive actions, which make...
The main aspects of Caterpillar’s strategy are to provide services and manufacture products of the highest quality. The company relies on efficiently using all available resources to achieve its goals and mission. Caterpillar has several goals that must be met within a specific time frame (Caterpillar Inc., 2022). Depending on...
Introduction The primary purpose of the analysis provided in this paper is to determine if the average price per square foot in the Pacific region is below the value of $280. In order to test for the average price, a random sample of 750 entries from a dataset that included...
Introduction Multinationals can gain a competitive advantage by aggressively hiring talented members of excluded social groups in each market. This practice is known as diversity recruiting which allows companies to access a broader range of skills and perspectives available in that market. According to Siegel et al. (2014), multinationals can...
The argument to be addressed in the persuasive essay will be that workplace stress has a long-term adverse effect on employee well-being within and outside their work environment, and organizational efforts should mitigate it. Since the proposed argument focuses on applying psychological concepts in the field of business, it has...
Leaders and managers must delegate tasks and use different approaches to encourage staff. Richard Branson is a great example of a person who combines all qualities to provide a better working environment and achieve commercial success. Branson does not create ideas; he encourages his staff to create them. Richard Branson...
Introduction For inexpensive clothes, like food, demand remains stable regardless of the economic situation in the country. Sales are falling, but not critically; the owner will receive a small income even in times of crisis. What can not be said about brand clothing stores, which are massively closed in difficult...
Dwi Widyani, A. A., Landra, N., Sudja, N., Ximenes, M., & Sarmawa, I. W. G. (2020). The role of ethical behavior and entrepreneurial leadership to improve organizational performance. Cogent Business & Management, 7(1), 1-11. Web. The given article investigates how ethical conduct and entrepreneurial leadership might enhance firm productivity. The...
Introduction The McDonald’s Corporation operates and franchises restaurants that serve locally relevant food and beverages. The organization operates in approximately 119 countries and has a total of 39, 198 restaurants across the world (United States Securities and Exchange Commission, 2021). The organization offers a standardized menu in most of its...
Introduction PepsiCo is a multinational organization based in North America that deals with food, snack, and beverage. It is the second-largest food and beverage company in the world behind Nestlé. PepsiCo was established in 1965 through the merger of Pepsi-Cola and Frito-Lay (Kelloway & Miller, 2019). Its products are beverage...
The management process consists of the joint activity of subjects and aims to achieve common goals. Behavior and process management are interrelated and adjusted to implement the organization’s functions. The organization’s success directly depends on employees’ degree of commitment to the common cause and the accuracy of all processes. Providing...
Introduction Power Compat is a business organization that offers installation, maintenance, and repair services for solar panels. The company’s task at this stage is to enter the market and open a branch in Senegal. Power Compat’s mission and vision are to provide superior customer service and set the standard for...
Introduction 3M, also known as the Minnesota Mining and Manufacturing Firm, is a multi-industry technology company specializing in consumer goods, healthcare, and manufactured items. The company is organized into numerous strategic business units (SBUs), each separately managed and has a marketing plan. The consumer products department is one of 3M’s...
Communication is one of the most important and fundamental aspects of any company. Without proper negotiations with associates or competitors, it is impossible to properly set up work. Each person, due to innate and acquired psychological characteristics, knowledge and competencies, forms a unique set of difficult situations that he has...
The article I am discussing is from the Society for Human Resource Management and is titled “As Work Changed, Employee Pay and Benefits Stepped Up.” This article discusses how the past year has been incredibly challenging for workers and employers due to the pandemic (Stephen Miller, 2022). To sustain the...
On the western coast of Africa is the country of Nigeria; its geography is varied, and its tropical climate may be either dry or humid. Natural resources abound throughout the nation, with large quantities of natural gas and oil. Abuja is located within the Federal Capital Territory, created by executive...
The Amazon brand is synonymous with high-quality offerings in the fields of e-commerce, cloud services, and AI, and the company itself is a household name on a global scale (AI). The Amazon business strategy study is a compilation of the many factors, including ideas, innovations, technological research, collaborations, and, most...
Introduction. Aurora’s Company background Aurora’s Grid has built a reputation for excellence within Switzerland and beyond. With self-financing resulting in steady cash flow, the company is primed to twofold its success with an upcoming Series A round of angel investments to ensure acceleration towards their goals. Aurora’s strategic plan During...
Critical issues in training and development have been identified as prevalent via conversations with customers. It might be difficult for companies to provide their staff with the necessary training (SVC Solutions, 2021). Moreover, it is challenging to meet the needs of all organizations in terms of training and development. Even...
Introduction Effective management change is an integral part of the process that allows you to meet the requirements of customers and employees. In case of non-compliance with the project, the organization may face a number of problems, which include drastic costly changes. Change management allows management to spend less money...
Company Description McDonald’s Corporation operates and franchises fast food restaurants that serve locally relevant food and beverages. The company’s franchises are owned and operated under a conventional franchise, developmental license, or affiliation. The company had 40,031 restaurants at the end of 2021, composed of 93% franchise restaurants. More than 37%...
The problem of training the staff of enterprises is now of particular importance. That is because work in the conditions of market relations imposes new requirements on the level of qualification of personnel, knowledge, and skills of employees. New approaches to solving modern problems, specialists in new professions, and new...
Introduction Stakeholder management is a crucial component of project management. Projects are created to meet the needs of the stakeholders. If the project’s stakeholders are not satisfied, it will not be a success. There are many ways of identifying stakeholders who present the biggest problem in project management. Discussion One...
Red Bull is an Austrian Company dealing with energy drinks. The brand has a market share of 38% and is among the most popular energy drink brand as of 2022 (Byun, 2018). Red Bull GmbH Is a marketer and producer of energy drinks, and its portfolio includes zero calories drinks,...
The implementation of the organizational structure and enhancement of the effectiveness of performance relies highly on the successful analysis through the frame system. The human resource frame is one of the four approaches to a detailed company study. Understanding the peculiarities of the frame presents an opportunity to detect possible...
Introduction Kentucky Fried Chicken (KFC) is a US leading global chain of fast food restaurants founded by Harland Sanders in 1930. With its headquarters in the US, KFC is the world’s most famous restaurant chain that sells chicken pieces in various forms. Globally, the organization receives millions of daily customers...
The food company’s plan for a global expansion over the next five years is broad and should consider the relevance of international value chains. In addition, it is important to understand the dilemmas and challenges that an organization will face when trading (Sangaiah et al. 2020). The importance of chains...
Introduction Employee performance management is vital in the workplace as it enables the attainment of developmental objectives. Social and economic development goals are impeded when employees are irresponsible, corrupt, have a low work ethic, and perform poorly. Managing performance in the workplace facilitates the attainment of developmental objectives and goals...
Business processes are an integral part of modern life, as most people interact with them in many aspects of their daily activities, such as work, education, and entertainment. When developing a new information system, it is essential for organizations to analyze and understand how a business process works due to...
Introduction The United States of America’s airports are considered vital economic pillars. Roughly, it is estimated that American airports generate above $1 trillion per annum and provide more than ten million jobs nationally (Miller et al., 2020). Over time air transport has increased, with more passengers traveling globally. Such an...
Workplace rewards, safety culture, and enhanced workplace security are some drivers of employee retention. Safety management revolves around a company’s dedication to an all-encompassing safety effort, which should be led by upper-level management (Valentine et al., 2020). Some workplace accidents may be avoided if employers take the time and care...
Introduction Domestic businesses that have ventured into the global market are profitable and more sustainable. This article will discuss the differences between international and domestic businesses, and why local businesses should venture in the global market. Additionally, the article will provide a specific example of domestic and international industry and...
The Company and Organizational Issue to be Solved Bluevine is a California-grounded fintech entity that offers online banking and monetary solutions to small and medium-sized enterprises. The company was established in 2013 by Eyal Lifshitz and continues to operate in California, Utah, and New Jersey (Wewege et al., 2). Bluevine...
Introduction Ethical marketing is a historical concept that started with organizational shifts to brand development by pushing favorable messages about their image and reputation. With increased consumer awareness about critical issues such as cruelty or organizational work ethic about a popular brand, morality in marketing has become imperative for strategic...
Introduction Decision-making is the essence of the management process, its initial and most responsible stage. A management decision is a deliberate conclusion about the need to carry out some actions. A person can be called a manager only when he makes organizational decisions or implements them through other people. Discussion...
Introduction Forbes is a global media company focusing on lifestyle, leadership, business, investing, technology, and entrepreneurship. The organization works closely with stakeholders to achieve its goals. Stakeholders ought to understand the company’s vision and mission to serve the company’s success through strategic planning (Meyer-Cuno, 2021). Forbes Company’s success relies on...
The performance management process entails planning, coaching, reviewing, and rewarding. It helps improve employee motivation and permits them to track their progress and gauge what needs to be done to improve overall performance. The essay examines managing performance in the workplace, as there is a growing rate of corporate leadership...
Introduction Evaluation of employee performance is a necessary event for any company. One of the most popular methods is formal performance appraisal. This method of assessment allows for quick and demonstrative certification. A structured performance evaluation conversation consists of several important steps, allowing clear evaluation. According to the standard developed...
Executive Summary In the service sector, where the quality of service is a crucial component in the fight for competitive differentiation and retaining customers, sustaining, and giving customer happiness is quickly becoming one of the most prominent management issues of the modern day. Service quality is now widely acknowledged among...
The modern business environment needs a more human-centered management approach. Cascio and Aquinis (2019) emphasize that globalization affects the fact that the processes of production of goods and services are becoming less secure. They note that “stability and predictability are characterized by the old psychological contract” (Cascio & Aquinis, 2019,...
In a dynamic, complex, and knowledge-based economy, companies are facing unprecedented challenges. New and existing firms are increasingly being exposed to competition in local and international markets, necessitating interaction with other companies in the same industry for sustainable growth and development. An excellent example of such cooperation and competition is...
Setting up a small business as a sole proprietorship is a good idea for various reasons. Firstly, it reduces the involvement of the government in the process. That means it becomes easy to establish and run the business (Merritt, 2019). Secondly, beginning as a sole proprietorship allows the owner to...
Background Unilever is a Dutch-British company, one of the world leaders in the market of food products and household chemicals. The company was founded in 1930 due to the Dutch margarine producer’s merger and the soap industry pioneer, the British company Lever Brothers, to economize on the scale of supply....
Industrial-organizational psychology (I/O psychology) focuses on the employees’ working experience and the issues surrounding it, attempting to resolve them using psychology and research. The main distinction and benefit of I/O psychology are that it seeks solutions suitable to particular problems and unique circumstances. Thus, it can help to create a...
Introduction From a leadership perspective, emotions matter as a 21st-century skill since it helps organizations achieve a competitive advantage. According to Lau (2020), companies whose leaders have emotional intelligence can craft strategies responsible for supporting emotional work. Under such environments, such firms enjoy more supportive, productive, and energizing work environments...
Introduction Cost-benefit analysis is a measure for determining the feasibility of establishing a specific initiative within an organization. Trident healthcare facility (a hypothetical institution) is currently battling with how to improve the quality of patient treatment and outcomes. It has decided to digitize the delivery of its medical services by...
The chosen work is Younas’s et al. The impact of training and development on employee performance in Journal of business and management, http://doi.org/10.9790/487X-2007042023/. The purpose of the selected article is to determine the dependence of proper training and personal and personal development of employees on their performance. The research questions...
Introduction Operational management is the management of the process of activity in an enterprise. Operational management is a suitable option for companies that seek an innovative structure for streamlining and optimizing their business (Glock et al., 2019). Initially, in terms of the basic concept, the meaning of this approach was...
Introduction Amazon is an American organization, one of the world’s most powerful online sellers of all kinds of goods and services. It is also a leader in the sales of mass-market products through online services (Blanchard, 2021). Amazon’s supply chain is a remarkable advancement in retail logistics. Amazon’s supply chain...
Introduction The implications of managing complex cultural transformations of various organizations and the dynamic nature of the work is a different process compared to what it was in the past. In addition, the changing nature of the workforce and the dynamic data have continued to demonstrate how organizational development consulting...
Introduction The production company I have selected to analyze is Apple Inc. Apple Inc. develops, produces, and distributes smartphones, laptops, tablets, wearable technology, accessories, and a variety of connected services. iPhone, iPad, Apple Watch, HomePod, and other accessories are just a few of the company’s offerings. The Apple Company has...
Introduction Change is one way that organisations try to make themselves more productive. Nakilat is one of the companies that has embraced change to get better at what they do. Some of the changes being embraced by the organisation are expansion, the use of new techniques to improve employee performance,...
Introduction This study will be performed from my perspective while drawing arguments from different credible literature sources to provide evidence to my statements. Use of other people’s work or knowledge will be referenced or cited correctly to avoid plagiarism. The research is intended to add new knowledge to the existing...
Executive Summary This report suggests changes as per the identified legal and ethical requirements. Truth in advertising, data collection, and its privacy were established as primary legal concerns which needs to be addressed to avoid the occurrence of legal issues. Direct marketing to low-income populations, data collection, and transparency in...
Peptang Tomato Company has established authority in the tomato processing and value addition industry, surveying the customer needs to give the best. Authority can be said to be power and right granted to a person in a leadership position regarding decision making, assigning roles, and obedience enforcement. Being a founder...
Introduction When employees operate in a group, they can do jobs more quickly and efficiently than when they work individually. It is possible to lessen the workload by allowing people in various positions to work together and exchange ideas and duties to achieve the same goals. The amount of work...
How LEGO Manages to Constantly Reinvent Its Business Understanding the Target Market: Lego Is Parent-Approved While children are any toy company’s main target customer, successful firms also sell to parents. They are the initial customers, who open their wallets to purchase the product. Recognizing this, Lego’s designers position its goods...
Background Modern companies demonstrate professional decision-making and problem-solving to avoid unnecessary losses and gain new financial capacities. Merger and acquisition (M&A) is a business tool for organizations to join under the same owner and structure to achieve success (Soundarya, Lavanya and Hemalatha, 2018). When leaders unite their resources, they must...
Introduction FASB accounting standards refer to bookkeeping rules for private and public nonprofits and companies, particularly in the United States. Such accounting standards are used to set the rules and regulations for local and state governments. The FASB accounting standards follow the generally accepted accounting principles in the profession. Since...
Performance review is central to the development of a complex framework that seeks to enhance a company’s future performance. Therefore, large volumes of quantitative and qualitative data collected throughout the performance assessment stage should be thoroughly analyzed and attributed to various key performance indicators. Then, the company’s senior management should...
Introduction Starbucks has been delivering specialty coffee and drinks to the mouths of diverse clients since its humble start at Pike Place Market in 1971. Starbucks began in Seattle, Washington, but in 1996 it went globally into Japan, and just a few years later, it joined the thriving markets of...
Introduction Organizations must adapt to a new way of doing business in the globalized world, which includes greater competition and potentially endless risks. In addition, organizations must operate in a dynamic environment where several stakeholders are bound together in complex ways. The notion of connectedness has been elevated with the...
The International Accounting Standards Board states that accounting regulations are a shared collection of concepts, standards, and procedures that form the foundation of financial accounting policies and practices. These principles, which have been included in accounting standards, contribute to improving systematic bookkeeping and other accounting tasks between enterprises and across...
Introduction Corporate social responsibility (CSR) is a new and rapidly expanding paradigm for both individuals and businesses. CSR refers to the manner in which firms and individuals integrate social and environmental concerns into their everyday business operations and connections with diverse stakeholders. Moreover, corporate social responsibility is often seen as...
Introduction An emerging economy refers to an economy with low to medium per-capita income, and they fall in at least 80% of the world population, representing about 20% of the global economies. The countries in such category are considered to have not fully industrialized but they pursue those characteristics which...
Introduction The use of regression analysis in applied problems has a distinct advantage because it allows us to predict the relationship between the variables under study. This report examines the relationship between the average age of the aircraft fleet and direct maintenance costs. The essence of this examination is the...
Accounting information plays an important role in the wellbeing and management of organizations. Financial statements are vital to understanding and keeping in touch with the “health” of a company and have the ability to shine a light on new emergent trends. The importance of financial statements for every stakeholder in...
Introduction In the modern globalized world, leadership remains a highly complex topic that requires a multifaceted approach to its understanding. At the same time, it goes without saying that it is impossible to overestimate the significance of leadership skills for the performance of almost any organization and facility. Leaders articulate...
Introduction I have been a project manager for four years and got a lot of experience during this period. I was hired by the Board of Trustees, which responded to the President and the Board of Trustees and was capable of carrying out the rules and directives that the Board...
Introduction Due to the current global climatic change, most organizations are considering the environmental impact they make along with their suppliers. The starting point of this consideration is seen when companies make ecological factors critical to their strategy. Initially, companies’ strategies concerning environmental awareness significantly influenced pressure from their located...
Features The effectiveness of the resource-based approach is determined by monitoring the start of the management process and assessing the organization’s ability to extract the resources necessary for successful activities effectively. Thus, the resource approach observes and evaluates the contribution of the organization’s management system since it is assumed that...
Introduction The article What will work look like in 2030? offers a look at the job market and its functionality from the perspective of the benefit of corporations. The paper looks at four potential development paths or worlds – red, yellow, green, and blue. Each has its own positive and...
Introduction The modern business world can be viewed as a continuously evolving and fast-changing environment. The constant emergence of new factors influencing companies, alteration of clients’ demands, and the rise of rivals influence organisations’ work. Firms have to adapt to new conditions to remain successful and profitable. Under these conditions,...
Introduction Starbucks is a recognized leader in the coffee industry due to its successful business model, which accurately considers a modern person’s psychology. For example, introducing the theatre and romance of coffee drinking as a USP brand earned people’s recognition and trusted worldwide. Thus, the phenomenon of Starbucks is explained...
Introduction Capital budgeting refers to a method that predicts the long-term financial viability of a capital project by putting more emphasis on cash flows rather than earnings. In addition, the technique calls for determining cash flows, both incoming and outgoing (Alles, 2020). On the other hand, the price-to-earnings ratio and...
This learning journal documents my experience researching environmental and business topics. The specific topics are supply chains and the United Nations Sustainable Development Goal (UN SDG) 11 – make cities and human settlements inclusive, safe, resilient, and sustainable. My research led me to discover multiple other subjects directly or indirectly...
Introduction Customers determine a company’s market competitiveness and capacity to continue operations. Many firms provide their clients with greater value that better meets their demands to maintain a long-term amicable relationship, which leads to repeat purchases (Fan & Dong, 2021). Customer loyalty and retention activities form the building blocks for...