Supply chain management practices were not as stringent as they presently are. Public awareness has resulted in advocacy for quality through consumer advocacy groups. This was not so in the past. This implies that consumers are more aware of the need for their foods to meet certain expected qualities than...
Analyzing inputs is crucial for a business to build a strong organization and maintain a competitive advantage. Activities such as exploring the industry environment, identifying trends, threats, and opportunities, and working on competencies and recourses are necessary for success (Hitt et al., 2017). The Fortune 500 companies showcase how addressing...
With time, the trends of the world market patterns keep changing. Due to this dynamic nature of the economy, it then follows that any given company has to be flexible and similarly dynamic to ensure it copes with the same. It is also worth noting that employing the methods used...
Introduction In the contemporary business environment, there are numerous examples of leaders who tremendously influenced organizational practices. Warren Buffett’s leadership activities are well-recognized instances of appropriate theoretical and practical knowledge application that allow for establishing a productive organizational environment (Jensen et al., 2020). Of special importance is his use of...
The training event in which I participated was sales training, whereby in the training process, I learned its goal is to increase the effectiveness of your sales force by providing them with the knowledge, tools, and strategies they need to succeed. I learned that effective sales training programs assist sales...
Transactional leadership is one of the most common approaches to governance in the modern business environment. In this study, the researcher was interested in investigating the impact of organizational leadership on business activities and operations of a company. Asda was used as a case study to facilitate primary data collection....
Introduction Not all people are born leaders, yet everyone has a particular way they direct people if given such a chance. Knowing how a person performs in a leading role is critical for the success of an organization. The future of every company depends on the ability of its managers...
Introduction The market dynamics have constantly evolved and changed since the late 20th century. As a result, there has been intensified competition between the market leaders and followers in various industries. The most successful firms have invested in Research and Development (R&D) departments to design innovative models which distinguish them...
In modern times, the management of an organization is a complex and multifaceted process that obliges not a single person to work but a whole team of specialists. For the work to be successful, it is necessary that the employees are in the hands of an experienced mentor manager. These...
All organizations face both physical and logical risks in their day-to-day operations. An organization should involve its stakeholders while conducting a risk assessment process. The three major steps in a risk assessment program will be discussed in this paper. Risk Identification Risk identification should be completed in the early phases...
Introduction Companies must consider their activities impact on the environment and society at large. A corporation achieves a sustainable supply chain by continuously accounting for the negative impact associated with its activities along the supply chain. Sustainability gives organizations a chance to form new commercial relationships and strengthen core competencies...
Emirates Emirates is the United Arab Emirates’ major airline organization and one of the country’s two official airlines. The airline is located in Garhoud, Dubai, and is part of The Emirates Group, which is controlled by the Dubai administration’s Investment Organization of Dubai. Emirates Airlines is one of the most...
Logistics is a crucial element of supply chain management that involves various risks and depends on global market forces. The area of goods production and the related business activities impact the world on environmental, social, and economic levels. The involvement of many parties makes them dependable on each other, meaning...
Introduction Management and organizational behavior require data analysis, as otherwise, it would be impossible to assess the situation and identify the appropriate directions of performance. In particular, analyzing big data at each stage of hiring process as well as prior to it and following it enables human resource managers to...
Summary The supply chain department manages material supply, production operations, inventory management, and order fulfillment. Businesses with effective supply chains realize lean processes with significant ease. Such entities do not reactively handle cases of exhausted raw material or customer supply delays due to a delivery car’s breakdown. The supply chain...
The link between a firm’s human resources and its plans, priorities, and aims is known as strategic human resource management. The goal of strategic human resource management is to promote flexibility, creativity, and competitive edge, as well as to create a culture that is functional. Even though PepsiCo demonstrates adequate...
Introduction Communication skills are crucial in most aspects of human life, but they are particularly important in leadership positions. Especially nowadays, when communication channels are rapidly increasing and the demand for connection between a leader and their employees is dramatically high, effective leadership communication is a necessary precondition for business’s...
Introduction Human resource (HR) management is a pivotal element in proper organizational performance and its overall existence. HR constitutes the core of a company due to the talent, skills, knowledge, and experience contributed to the organizational performance and the work done to ensure the completion of company strategy and tasks....
Introduction Total compensation refers to a variety of monetary and non-monetary incentives that may help councils promote and enhance their reputation as a wonderful place to work. Councils already have a lot to offer, and comprehensive compensation ensures that employees fully appreciate the entirety of their job package. Starting pay,...
Introduction Having created the ultimate model of catering to consumers’ every need, Amazon has become the staple of a successful retail company. On the surface, Amazon’s triumph is easily understandable; however, delving into the specifics of Amazon’s performance will show that the company has developed a rather subtle and unique...
Introduction Transportation is determined to be the main factor of the US economic growth in the new century. The global market of cargo and transport services adheres to container transportation since it is the most profitable and reliable technology for non-transshipment cargo delivery on most types of transport like sea,...
Introduction The rise of global corporations working in several states increased the importance of human resource management in the international context. The increased number of cross-cultural relations and employees from various countries mean that CEOs faced the necessity to create an effective management model helping to integrate workers with different...
Introduction The idea of monetization is based on the repetitive utilization of the gained information about the consumers’ interests, wishes, wants, and pains. Baecker et al. (2020) refer to data monetization as “using data for quantifiable benefits”, and those benefits include both a monetary value and any other type of...
Ethics is of paramount importance in business as a constituent of the basis for decision-making. In turn, integrity, honesty, and fairness constitute the basis of business ethics due to their focus on homogenous ethical standards and the promotion of behaviors that allow for building trust in the business setting (Schroeder...
Introduction In today’s extremely competitive business climate, innovation is critical to a company’s success, particularly as customers become more demanding and smart. To thrive and stand out, entrepreneurs require a competitive advantage. Innovation may provide a competitive advantage by increasing production, development, and profit. It is not necessary for innovation...
Strategy development is the key element that defines the future of the company. Managers create strategies to outline what they want to achieve and how this can be done; however, these plans cannot be created without an outlook of the environment in which the business operates. Porter’s theory of strategy...
Introduction The first week in every class is always an exciting one because the building blocks are introduced. It provided me an opportunity to get an overview of leadership and its importance in a structured manner. I often associate the word leadership with authority and governance. I learned that it...
Introduction Leadership is one of the most fundamental requirements of any organization. The type of leadership in an organization determines its trajectory and ultimately its destination. Some of the greatest success stories in the world hinged on the qualities of leaders: Gandhi, Martin Luther King, Adolf Hitler, Barrack Obama, J.F...
Introduction From the course information, I can tell that Kotter’s change model is one of the easiest ways to bring change to almost any organizational environment. There are several steps that make it clearer how to approach the problem since every stage comes with a detailed description and has to...
Introduction When dealing with manufacturing and serving a diverse clientele, any company should account for the product diversity catalyzed by the customers’ preferences. Thus, to obtain a realistic picture of the product cost, the firm’s primary goal is to make this cost unique and relevant for every single product presented...
Introduction Leaders can establish a culture of change in their organization, and multiple approaches can be implemented to maintain it. Strategies to enhance effectiveness might also lead to adjusting personal characteristics and selecting ethical theories to address. Furthermore, providing the employees with a convenient and diverse working environment and encouraging...
Introduction The modern world offers great opportunities for individuals to find a job and build a career. The large volume and access to information allow any employee to build competence and knowledge, but at the same time, the bar of requirements for potential employees is also raised. Self-development is a...
It is important to note that any form of the organization operates with a specific strategy put in place in order to achieve its core objectives of profitability, growth, and competitiveness. Organizational strategy can be defined as a scope and direction developed to encompass long-term objectives with considerations of utilizing...
The Sarbanes-Oxley Act (SOX) is a legislative response to financial scandals between large American companies and, as a result, a decrease in investor confidence. The US Senate passed this new law in a short time: in March 2002, there was only a Ten Point Plan (Albuquerque & Zhu, 2019). With...
Abstract This research paper provides a systematization of risks that accompany the system of procurement of goods and also discusses the main methods of managing them. Risks can be different and specific both within a particular industry and within each specific company. All types of risks affect the competitiveness and...
Abstract In the context of maintaining the efficiency of supply chains, risk management is crucial as a set of measures aimed to prevent threats to forecasting and a drop in customer interest due to inadequate control over the sale process. This work aims to determine what forecast and inventory risks...
The role of strategy, culture and the organization’s management system cannot be underestimated. Competent and thoughtful management, taking into account the needs and desires of employees, and effective management are distinguished by increasing the results of the organization’s activities. In addition, these factors contribute to the optimization of labor and...
Updated Organizational Structure Chart: Explanation of Changes Based on the identified concerns regarding collaboration, communication, and autonomy of the organization’s employees, the updated structure chart contains several changes, the implementation of which is expected to improve the workflow. Earlier, managers were controlling the work of every specialist in all departments....
Effective leadership is the key to the successful functioning of any organization and institution. This assumption is also valid for health care, where it is important to ensure correct management to provide quality care. Addin (2020) underlines that “the most effective leaders are leaders who can balance implementation-oriented behaviors with...
Executive Summary Bodybuilding.com Company is a fitness company committed to transforming people by providing a personal trainer, nutritional diets, body supplements for burning fat, and bodybuilding. Some of the products and services for the company include clothing and accessories, vitamins and health, weight management, performance, and protein. Target customers include...
Introduction Through strategic management, organizations can achieve the best result and surpass their closest competitors. In general, strategic management aims to plan and integrate the operations of a company’s many functional departments to accomplish long-term corporate goals. (Kennedy et al., 2020). This can be achieved if an organization develops strategic...
Introduction Delta Airlines is one of the most important and prosperous airlines in the airline industry. As a typical user and a corporate strategist, I offer my presentation on how the company may use its strengths, weaknesses, opportunities, and threats to gain a competitive advantage and set plans on the...
There has been an ongoing debate among academics and experts arguing that leadership is different from management in several aspects such as orientation, duties, and character. Following the discussion, numerous researchers and scholars have written about differences between managers and leaders. The supporters of this idea argue that leaders are...
One of the main issues of the supply chain management is achieving the maximum and optimal level of efficiency in terms of time of delivery. The problem is complicated by the need for consideration of trade regulations, policies, and relationship dynamics between two economic sectors. The given analysis is primarily...
Introduction Companies and businesses influence the development of society in the process of interacting with suppliers: choosing a specific organization, product, or service. Ethical procurement management aims to ensure that companies are held accountable for adding value and only select suppliers who are committed to the principles of ethical development...
Social responsibility of business implies comfortable and safe working conditions for employees, decent wages, and additional medical insurance. It also contains such means as a charity, environmental protection, and public relations. Implementing social responsibility measures for business may not be obvious; it seems exaggerated. Building a system of responsibility in...
Introduction Organizational culture is a necessary term when it comes to describing an organization. It influences many crucial aspects of the organization’s work processes, such as the performance and behavior of the employees. Defining the organizational culture and emphasizing its role in the success of the team is essential for...
The company’s market-oriented mission statement might be unique, and it can also be integrated with the company’s aims and objectives. The company’s goal statement is to uncover under-appreciated items and improve them via creativity and innovation to increase consumer appreciation visibility. Customer satisfaction may be used to illustrate the company’s...
Introduction Organizational culture refers to characteristics and personalities, including values, shared beliefs, assumptions on how individuals need to behave, the way decisions are made, and activities. The key factors of corporate culture are history, people, and the environment. Leaders and managers have known that the value of understanding an organization...
The Role of Customer Value in the Innovation Process Customer value is one of the key aspects of the product innovation process. Ultimately, customer value is how a product or a service is seen by those who purchase it. The greater the difference between a product’s potential benefits and costs,...
Cost of Capital, RD A high credit rating indicates a lower cost of capital for most industries and organizations. Volkswagen had a rating of BBB+ with a positive outlook in May 2021 (Fitch Ratings, 2021a). The company’s rating is based on three critical components, including financial profile, corporate governance, and...
Introduction The 2017 Accounting Standards Update (ASU) by the Financial Accounting Standards Board (FSBA) was issued for greater clarification on the definition of a business with the purpose of issuing guidance for entities on whether transactions should be accounted for as assets or businesses. This change came after much criticism,...
The learning organization can be described as a company facilitating and encouraging the learning process for its employees. It acknowledges the need for continuous development of the organizational culture and structure in order to adapt to environmental change (Doyle and Johnson, 2019). The concept of the learning organization is interconnected...
An Overview of the Consumer Electronics Industry Rapid technological development of humanity has predetermined the increasing relevance of the electronic industry or, in other words, consumer electronics. To begin with, it is necessary to find out what is taken by this kind of electronics. This definition means that all electronic...
Background The COVID-19 pandemic became an event which disrupted the normal way of life and forced all countries on the planet to adjust to new circumstances (Stefana, 2020). Businesses also were hit by the effects of the pandemic, which included not only hundreds of thousands of people being unable to...
Emotional intelligence has such critical components as self-awareness, self-management, social awareness, and relationship management. The four emotional intelligence skills can be combined into two pairs: self-awareness and self-management form intrapersonal competence and social awareness and relationship management – interpersonal or social competence. Intrapersonal competence focuses mainly on personality, while social...
Executive Summary L’Oréal is a multinational company that manufactures cosmetic products and owns several well-known cosmetics brands such as Lancôme and Maybelline, among others. Currently, it is the number one cosmetic group globally, with over 36 brands and subsidiaries in 115 counties. This company prides its ability to innovate, which...
Introduction Organizational change refers to the circumstances under which a company or a business organization alters the system of its organization through the transformation of its culture, technology, the way it operates the businesses, the outlined infrastructure, or the internal process. Many organizations suffer resistance to change; the major causes...
Background Many approaches to contemporary economic analysis are created to examine one or another industry based on specific criteria. Porter’s Five Forces model is a simple tool that is intended to assist in primary sources of competition identification (Mind Tools Content Team, n.d.). It considers the following concepts: rivalry, bargaining...
The purpose and objective of the report A balanced scorecard assists in the development of organizational strategy by identifying what is essential to the organization. It brings the many viewpoints of the stakeholders together in a single communication channel. A more planned and regulated workload for employees can assist the...
Introduction Apple is among the most competitive electronic multinational companies. It is an American International Corporation that majors in electronics products (Al-Serhan, 2020). The company produces computer hardware such as iPhone Smartphones (Liu, 2021). It also offers electronic hardware, including iPod media players and Home pod speakers. Apple Inc. has...
Amazon aggregators obtain and nurture e-commerce brands over innovative businesses with industrialists to scale the developed Amazon products and advance income for their stockholders. These aggregators search for the Amazon vendors they consider great auction potential to consolidate and run an e-commerce business portfolio (Tripathy, 2018). This research essay explicitly...
Business-level strategies are detailed outlines of actions and activities a business takes to offer customers value and maintain competitiveness. The main types of business-level strategies are; cost leadership, differentiation, and focus strategies (Edwards, et al., 2014). The cost leadership strategy aims at producing goods at a lower price per unit...
A good organizational culture is a key to the success of any company, as it affects the productivity of employees, their quality of work, and job satisfaction. A well-thought-out organizational culture allows you to create a space and environment in which employees will develop, provide better quality services, and resolve...
To make its products attractive, Nivea produces several cosmetics products that may appeal to many customers. Apart from the differentiation strategy, the company emphasizes the high quality of products: the products undergo a long testing period before they are released on the market. Each customer may be sure that the...
In the digital age, when technological progress and innovations make up an essential part of human lives, people find themselves in need of managing a complex and rapidly evolving world of information and technology. As people rely more and more on electronic devices in their everyday lives, they generate more...
An employee may have spiritual, material, or individual values that differ from the importance of the organization. This discrepancy can substantially impact the behavior and work of an employee in the company because common values can increase the loyalty of employees to the organization and motivate them. Shared values can...
Abstract Porter presented a model to analyze strategic and market positions by five aspects: customer bargaining power, supplier bargaining power, the threat of new entries, the threat of substitutes, and competitive rivalry. It is used to evaluate the auto industry in the United States. This field started to develop in...
Introduction A virtual team is “one whose members share a common purpose, but are separated by distance, time, and organizational boundaries. In such a team, members are linked only by communication technologies.” (Noble, 2009, a virtual team, para.1). Therefore, timely and efficient communication between the members play a very important...
Use of visuals to keep attention In the Abbott report, the visuals in the background are pictures depicting different aspects of nutrition and healthy living in warm colors, with green color dominating the presentations. The use of pictures to depict different products in the report is very attractive and a...
Introduction Strategic management concepts have become crucial in helping an organization to thrive in the current business environment that tends to be highly competitive. Success is attained by such concepts in the existence of modes of measuring the performance of the organization. Through such measuring strategies, the organization can set...
Introduction Problem Statement The current market circumstances enable companies to seek to implement innovative solutions to retain their competitive advantage. The retail businesses which sell clothing items and accessories have an extensive assortment of modern technological products to choose from. As research indicates, the fashion industry is experiencing a rise...
Background Organizations are operating in a dynamic environment which requires them to keep up with the changes. Failure to conform to such adjustments has negative impact on their operations. Problems that are faced by organizations have made institutional development as a career to be in demand for many businesses. The...
Abstract Marketing has undergone a tremendous transformation in the last few decades amidst environmental and technological changes, and so has the process of branding. Building a brand has been a daunting exercise for the custodians on the local and global scales. This study aims to help in understanding the primary...
Introduction The decision-making model of Vroom and Yetton assumes the determination of the most effective leadership style, depending on the characteristics of each specific situation. Moreover, it is assumed that one leader can use several different management styles. The main difference of the presented model is that it is focused...
Introduction Due to increased globalization and integration of world economies, companies are constantly seeking to expand their markets beyond regional boundaries into the global market (Das 2004). Consequently, companies reap benefits associated with diverse markets, economies of scale, and increased consumer base (Cragg 2005). These benefits associated with globalization prompted...
Executive Summary Business analysis, especially when it is focused on conducting a study with real client, requires a proper planning because of the need to have actionable solutions that can be used to solve real life problems. In this business analysis, the focus was on the Coca Cola Company, one...
Abstract The way businesses market their products and services determines their success. Organizations utilize various marketing tools to create and sustain demand for their products, which influences their bottom lines and business survival. This paper explores Apple Inc.’s iWatch and how the company implemented the four marketing Ps to achieve...
Abstract—This paper looks at the use of Innovation Management process in the Project Management domain, it first introduces technique; how it works and how to use it. Two papers are reviewed that use innovation management processes in managing innovation driven projects. The first paper, “The role of business model innovation...
Employee satisfaction is directly linked to their levels of motivation, performance, and productivity. At DrainFlow, the adverse implications of an unhappy workforce are manifested in their failure to accomplish various key objectives and the poor services rendered to customers. For instance, clients have complained about the prolonged response time and...
Introduction Apple is an organization in the United States specializing in creating, progressing, and selling electronic products such as cellphones and computers. Established in 1976 by Steve Jobs and his colleagues, this US-based corporation has encountered various strategic developments to become one of the most reputable brands in the world...
Diversity Management Diversity management in bubble tea shops involves the use of diversity training tools in organizational activities. Many entities have embarked on providing training programs on a routine basis to evaluate and disseminate the assessment findings. Some of the benefits that can be accrued from diversity management include increasing...
During the last decades, Abraham Maslow’s «Hierarchy of Human Needs» theory has remained a popular technique in corporate management. The presented principles of motivating workers to raise productivity seem to be intuitively logical, illustrative, and universally applicable. However, within the historical development of humanity, the personal perception of workers modifies,...
Introduction Leadership during organizational change is an important subject, as it can contribute to positive outcomes. In the chosen scenario, the organization changed mission and strategy to reach more customers and improve financial performance. Nurse leaders had to support organizational change by improving employee motivation and performance. This scenario was...
Introduction The success of a company mostly hinges on the choice of a leadership strategy. Therefore, it is imperative to come up with the leadership style that matches the organizational environment and allows meeting the employees’ needs. Because of the inconsistent leadership framework adopted at CMA, there is a significant...
Introduction The process of management always involves planning, organizing, leading and controlling activities. It does not consist of a single act. Management in general is cyclical and repetitive. It involves a linear process on which it has a start and an end and it always considers the planning, organizing, leading,...
Introduction In the current globalized society, it is common to find cases where an organization hires people with different cultural backgrounds, race, religion, level of education, gender, among other demographical factors. Diversity in the workplace is becoming a common phenomenon that organizations cannot avoid. According to Mor-Barak (2014), diversity in...
Craft Beer Industry The industry’s primary aim is to make a profit through the use of an effective strategy that helps in influencing the target audience. The competitive business environment is experiencing changes in the competition that occur at a fast rate. This poses a challenge in maintaining business operability...
Eight traits of effective leaders Organizations become successful when leaders can influence followers to work towards achieving particular goals or objectives. Even though personal traits could not be solely responsible for effective leadership, supporters of trait leadership theory have ascertained that these traits are seen as preconditions that grant people...
Datapine is a digital platform that provides users with a business intelligence opportunity to visualize, explore, and share their data with dashboards. According to datapine, the corporate platform is a contemporary one, where all pertinent business data is placed in one central area. As datapine illustrates, the data tool empowers...
The quality and quantity of human resources in organizations are vital since they determine their success. No firm can remain competitive and productive in the long run without the right type and number of workers doing the appropriate job as planned. Therefore, companies need to have a department that strategizes...
Introduction Risk management implies an integral part of a successful and stable business in present-day developments. According to Hillson and Simon, “risk management is too important to be left to chance” (1). Starting any business is always associated with multiple hardships and hazards, which are highly likely to prevent the...
Introduction Technology and innovation are crucial in the survival, growth, and competitive advantage of a company. The company’s operating environment will help it determine if its strategy will compete favorably against immediate competitors (Kapoor, 2018). McDonald’s is a global leader in the fast-food industry with an estimated annual global turnover...
Background Centene Corp is a publicly listed company in the US stock exchange. The company is headquartered in St. Louis, Missouri. It offers health benefits to more than 4.1 million people. The company has a market capitalization of $8.5 billion and is one of the best-performing companies in the medical...
Introduction The automotive industry in mature car markets, such as the European car market, has been at the forefront of embracing innovation (Laux, 1992; Cornet et al., 2019). In particular, one of the significant trends that need to be reckoned with was the digitization of production processes that was made...
Introduction The marketing research proposal will primarily focus on the Taste brand and the customers’ perception of its taste and communication, positioning, brand image, and brand awareness. The research question is which one of the elements is the key determining factor of the product’s low performance. The descriptive hypothesis is...
Introduction Marketing planning is a process that involves organizations adopting systems and procedures to profitably identify and meet customer needs. This process allows managers to develop an effective marketing mix for their enterprises from the limited supply of planning constituents needed in creating the right blend of place, product, price,...
Introduction As shown in the attached Excel file, the three-year return for US Steel Corporation was 13.07% (C19, ratios). A closer review of the share prices shows that the prices rose between April 2014 and October 2014; thereafter, they started to decline until January 2016, when the share prices started...
Strategic Choices The company has been struggling due to the recent global financial crisis that shook the entire business world. Due to this, the top management has brought on board a number of strategies that are meant to increase business and make the company more competitive. Even before the crisis,...
Enterprise Resource Planning Enterprise Resource Planning (ERP), is usually used in ERP systems or software which are involved in managing all the information and all functions of a firm from shared data banks or even data stores (ERPwire, 2010). ERP has been given significant acknowledgment since the processes of ERP...