Business

Walmart’s Strategic Position to Remain Competitive

Analysis of Local and Global Competitive Strategies The selection of a strategy for achieving and sustaining a competitive advantage is crucial for a company in the contemporary, highly competitive business world. In this regard, the strategic direction selected by Wal-Mart for its local and international expansion plays an essential role...

Improvement of Customer Satisfaction Using Supply Chain Process in Citigroup Inc.

Citigroup analyzes its customer satisfaction based on the three levels of Analysis: organizational, team and individual performance. The three levels interlink to ensure that the bank has proper customer satisfaction and improved customer retention. The levels also facilitate the achievement of the strategic objectives of Citigroup, as the goals and...

Mapping the Digital Journey: Apple Inc.

Introduction Apple Inc. is an American corporation founded in April 1976 in California by Steve Jobs, Ronald Wayne, and Steve Wozniak. Apple Inc. focused on developing advanced information technology solutions, primarily known for personal computers, mobile communication devices and multimedia, and to a lesser extent related software, services, networking solutions,...

The Airbnb Firm’s Business Strategy Development

Introduction Tourism is a significant part of economic activity affecting society. Airbnb is an influential player in the industry, represented by the marketplace, where users can search and give offers for short-term rentals. Airbnb’s entry into the market significantly changed tourists’ attitudes toward the accommodation issue, which entailed other transformations....

Apple Inc.’s History and Company Analysis

History Apple Inc. may be regarded as one of the leading multinational technology companies which software, electronics, and online services are used by millions of consumers all over the world. The company was founded by Steve Wozniak, Ronald Wayne, and Steve Jobs on April 1, 1976, in Los Altos, California...

The Decision-Making Process in Criminal Justice: Reflection

In criminal justice, decision making helps to choose between various available legal options. Various essential features affect the decision-making process in the entire criminal justice organisation. These items include distinguishing case decisions and policies, explicit policies and rules of the accord, creation of feedback systems that provide assistance for decisions...

LA Strike Co: Strategic Marketing

LA Strike Co’s target audience is individuals between 15-40 years, married or single, and from all racial backgrounds. In addition, the firm targets potential customers from lower-, working- and middle-class socio-economical categories. Such clients become profitable consumers when educated well about the company’s products and services. The firm has been...

Organizational Culture Change Due to COVID-19

Influence of the COVID-19 Pandemic on Organizational Culture The outbreak of the COVID-19 pandemic happened at the begging of 2020, and almost two years later, this issue remains topical in most countries in the world. The limitations initiated by governments worldwide to protect citizens lives severely affect such spheres as...

Salary Inequities at AstraZeneca

AstraZeneca, one of the world’s largest pharmaceutical companies, has violated the Equal Pay Act of 1963. After conducting a compliance review, the US Department of Labor’s Office of Federal Contract Compliance Program (OFCCP) concluded that AstraZeneca paid some women employees at least $1700 less than their male counterparts. As a...

Theories of Leadership and Risk

Introduction While the variety of organizational structures is considerable, all of them remain united by the pivotal status of the leadership model at their cores. In many ways, leaders define organizations by determining their internal decision-making paradigms, corporate culture, and ability to withstand modern challenges. In this regard, the history...

The Concept of a Responsible Worker

Introduction My favorite topic of this course was the concept of a responsible worker. A worker that can be characterized as responsible depends on both the perspective of the employer and the employee. However, many common factors such as punctuality, professional appearance, and the performance of basic job skills are...

The Chlorine Gas Incident at International House of Pancakes

The chlorine gas emission incidence occurred from a dishwasher in an IHOP following a combination of two washing products, which are believed to have initiated the cloud of smoke. During this incident, employees in an IHOP experienced a vast gas cloud that contaminated the air with highly choking smoke. The...

The Life Balance Concept in a Leader’s Life

Life balance is an essential and integral part of any person’s life. This is due to the need to divide time between work, family, caring for parents or young children, spending time with friends, self-development, and so on. Some people can balance work and home, plan a vacation with family...

Nike’s Ethical Considerations and Social Issues Awareness

Nike is widely regarded as one of the world’s leading brands in producing sports clothing and footwear. It was one of the first sportswear businesses to collaborate with star players such as Michael Jordan, Cristiano Ronaldo, Raphael Nadal, and others to promote its products. Thus, Nike (2022) proclaims its mission...

V Energy Marketing Plan: Effects of Market Orientation

The V energy drink will compete against established energy drink brands like Red Bull, Mother Demon, Lift Plus, and Monster, as well as cold energy drink brands like Coca-Cola and Pepsi Co and other self-branded cold-drink products. V energy drink will compete based on product differentiation in terms of major...

Marketing Planning in the Airline Business

For a middle-class citizen to book an air ticket, one would make the first stop at the economy class prices as it is cheaper. One possible solution to this problem is for the customer to have the ability to book a business class suite for the same price as in...

Workplace Communication Forms and Results

Communication in the workplace is a critical aspect of achieving the most effective results. Among the three main types of communication that were taught, I believe that the most useful for me in the future may be correspondence. This is because emails, memos, or letters are less formal than reports...

Carter Cleaning Centers’ Human Resource Problems

Introduction Carter Cleaning Centers offer services of coin laundry, as well as dry cleaning and pressing clothes. The owner of the company introduced additional services of cleaning the closes due to increased demand. The service centers work successfully and without particular problems since the business process does not require the...

The Boeing Firm’s Performance Management

Introduction Of all aircraft manufacturers, Boeing is, perhaps, the best-known and the most renowned one. The organization presently operates in 150 markets and seeks to expand further, entering new markets and diversifying its products and services (Woo et al., 2021). Despite a major crisis that the company suffered in 2019...

Average Employee Branding at McDonald’s

Introduction Strategic employee branding aims to raise the job status of the company in a way that is attractive to talent. In other words, branding addresses the problem of quality improvement in the average competencies, skills, and knowledge of employees in the long term (Kunsman, 2020). The implemented measures cover...

Job Globalization: The Cultural Diversity in the Workplace

Globalization is a process that captures all spheres of society. Thus, this phenomenon has affected the work sphere, allowing organizations and employees to expand their opportunities by moving around the world. However, this process has its advantages and disadvantages. Thus, this work aims to identify these aspects. The positive side...

Nike Inc.’s Activity Under PESTEL Analysis

General Information Nike is an international brand founded in America in 1964, specializing in sportswear and equipment. It is universally beloved for its quality and creativity in product development. According to Jaworek and Karaszewski (2020), their main competitors in the sports apparel industry are Adidas, Puma, and Under Armour. Consequently,...

The Wil’s Grill Company Analysis

Introduction The company was founded in 2014 by John Christ and Karl Shilhanek, with Flagstaff Street as its operating location. It is important to note that the business had potential, adolescents were successfully grilling food on the street corner and at various festivals and ranches. In 2015, Karl was not...

The Best Buy Company’s Public Objectives

Best Buy is one of the world’s largest retailers of digital goods, providing an extensive range of technology products for various demographic groups. Over the last several years, the company has experienced a drastic increase in sales and popularity (Barry, 2022). In 2022, Best Buy achieved a 9% increase in...

Waterside Medical Centre’s Inventory Management

Introduction Waterside Medical (WM) is a manufacturer and supplier of fine surgical instruments. The outbreak of Covid-19 has affected the company’s supply chain. The pandemic has led to an increase in sales, and the company has been experiencing stock shortages. This problem has been caused by inventory management reviewed before...

Case Study of Fixer Upper: Expanding the Magnolia Brand

Executive Summary Fixer Upper: Expanding the Magnolia Brand is a case based on a married couple who has built a network of businesses through various strategies. The couple entrepreneurs Chip and Joanna Gaines are the individuals behind the famous Home and Garden Television (HGTV)’s ‘Fixer Upper Tv series that is...

Business Model: Spotify Case Study

The growth of streaming and the development of technology has an unambiguously positive effect on the music industry: consumers now have constant access to the music of any artist and no longer share music illegally. There is a place for streaming in the future, but keep in mind that artists...

Management Structure and Performance of Marriot International Inc.

Introduction Marriot International Inc. is an American multinational luxury hospitality company headquartered in Bethesda, Maryland. It operates, licenses, manages, and franchises such lodging facilities as hotels, residential, and timeshare properties in over 122 countries and territories globally. Founded in 1927, Marriot Inc. encompasses an expansive portfolio of brands offering a...

The Main Issues in the Business Environment

Introduction Disregarding relevant, progressive, and innovative strategies, tactics, methods, and tools in the business environment is perhaps one of the main issues many entrepreneurs overlook today. Despite the technical breakthrough, the availability of a wide range of unique inventions, and a high standard of living in many countries, not every...

Business Continuity, Opportunities, and Threats

Business continuity is evident for companies with a high degree of environmental and social responsibility. The preparation of a response plan is essential for obvious reasons: in a disaster, each employee will know his area of ​​​​responsibility and behave more calmly in a problematic situation. FEMA even has a unique...

The Role of H.R.M. In Increasing an Organization’s Global Competitiveness

Introduction The modern business environment presents new problems that affect several facets of management, including one of the most important aspects; Human Resource Management (H.R.M.). This research aims to focus on the issue of workforce diversity and how it can help increase the organization’s global competitiveness if properly managed. Diversity...

Organizational Leadership: Organizational Leadership and Culture as Mediators

In modern conditions, the main task of managers is to unite the staff around the main goals and objectives of the organization. The corporate culture is the tool that directs employees to common goals, which subsequently contributes to the company’s successful development. Corporate culture is a kind of ground for...

The Shetland Wool Company, the UK Market

Introduction The demand for knitwear products in the UK increases due to the annual winter seasons requiring people to keep warm. The Winter season kicks off during December, January, and February. The UK experiences the coldest and freezing temperatures and sometimes icy and snow conditions. Therefore, warm knitwear such as...

Assessment of Starbucks’ HR Management Systems

The personnel management system is an essential component of many business projects. For a business like Starbucks, the quality of the workforce is critical, as customer satisfaction directly depends on it. Currently, this company is one of the largest chains of coffeehouses in the world and is distinguished by a...

Renata SA Construction Company: Business Report

Introduction Human resources are the essential aspect of any project planning. The rational distribution of the workforce contributes to the better performance of the workers and improved general results of the planned activities. The project’s success directly depends on human resource management (HRm), which allows the efficient achievement of the...

Disney’s Pixar Acquisition: Quity Research the Walt Disney Company

Since Disney purchased all of Pixar’s stock shares, the corporate action initiated by Disney is acquisition. The corporate action of Disney’s acquisition of Pixar was launched in 2006 when Disney acquired Pixar for $7.4 billion (Calandro, 2019; Joo, 2020). From the perspective of Cost Leadership Strategies, Disney’s decision for the...

Amazon Web Services as a Standalone Company

It is important to note that some investors are pressuring Jeff Bezos to spin out Amazon Web Services or AWS as a standalone company, which is a valid concern and demand considering the multifaceted domination of the company in many key industries. AWS, as “the largest cloud computing provider, has...

Team Dynamics in the Context of the Covid Pandemic

The pandemic of COVID changed the views on the working process of most people, and organizations had to change their format of group interaction to meet the circumstances. Therefore, managing remote communication in the company has become an integral part of work. Even though this experience showed that companies could...

Hino Motors Company’s Ethical Misbehavior

Executive Summary The report investigates the case of misconduct at the Hino Motors company. Due to the violation of code of conducts, nearly 116.000 trucks were made with engines that do not match the needed emission text and fuel consumption certification. As the result, the Toyota company suffers major reputational...

Business Ethics: Madoff’s Case

Businesses are expected to conduct themselves in an ethically acceptable and socially responsible manner. They must operate in an environmentally and socially responsible manner for the benefit of the local community and society at large. However, when these enterprises lack sophisticated policies on ethics and social corporate responsibility, the employees...

Leadership Style Required for Managing Sports

Introduction The success of people in all aspects including sporting activities is directly influenced by the type of leadership in charge of managing the given group. Therefore, to be effective in the field of management, it is necessary to consider the nature of the audience and how meeting their demands...

Brand Analysis Project (Halls)

Summary Halls is the brand originally founded in 1930 by its founding company, Halls Brothers. Cadbury-Adams, a branch of Cadbury Company, sells its goods under Mondelez International. However, Halls has long been advertised as a cough suppressant and oral anesthetic brand. This move is next to well-known brands like Trident...

Walmart and Amazon Firms’ Business Models

Introduction A business model refers to an organization’s ploy for making a profit. It identifies target markets and emphasizes the products and services offered for sale by an organization. A business model also includes the expenses anticipated by an organization, and they are crucial to both established and new businesses...

The Components of Strategic Planning

Several components compiling strategic thinking are helpful in the successful implementation of strategic planning (Bryson et al., 2018). These components include vision, organizational mission, and values. Firstly, an organization’s vision is presented by a visionary statement that consists of the list of goals set by an organization to be achieved...

Beauty Sculpt for You – Product Presentation

Introduction Beauty Sculpt for You offers customers an assortment of beautifying physiotherapy procedures on a specially designed device. These procedures stimulate the natural blood and lymph flow, activate fat-burning processes in cells and provide painless body shaping without surgical operations. The specific frequency of the ultrasound cavitation allows Beauty Sculpt...

Management Information System: Enterprise Data Warehouse

An Enterprise Data Warehouse (EDW) is a system that collects and stores information from numerous sources within an organization in order to support decision-making. An Electronic Records Management (ERM) system is a software application that enables organizations to manage their digital records, including creation, classification, storage, retrieval, and disposition. Enterprise...

Application of Risk Management Principles to a Specific Incident

Introduction Operating a medical facility is closely linked to substantial risk to an organization, medical practitioners, and patients. It is possible to apply particular risk management principles to reduce or eliminate potential causes of adverse effects. Evidence-Based Risk Management Strategies Risk Description The risk to be analyzed from the perspective...

Impact of Customer Retention on Business

Context Description In today’s market, organizations are experiencing stiff competition from their rivals which makes customer retention a problem. As a concerned researcher and customer, I noticed the major business operational problem that needs an urgent solution. This report targets business owners as the audience because they need to fix...

The Leadership Model in Netflix’s Policy

Introduction The Netflix Inc. hierarchy has a unitary and organizational structure that prioritizes performance over management. All the company’s key executives directly report to the CEO, excluding micromanagement. Main offices of Netflix Inc.: CEO – executive control. Content office – content production. General counsel’s office – legal issues, public policy....

Leadership, Management, and Entrepreneurship

From an entrepreneurial perspective, nonprofit organizations cannot bring any substantial income because they carry out socially-oriented activities designed to address urgent problems for the benefit of people. The opinion that such organizations should operate as businesses is not well-reasoned. Moreover, from a legal perspective, profit accumulation can be viewed as...

Aspects of Capital Budgeting

Introduction Capital budgeting is a significant concept in businesses that enables the selection of projects that will bring value. It involves a wide range of budgeting processes, including decisions on purchasing assets, acquiring land, or buying new machinery. Company decision-makers analyze the profitability of investment alongside putting into consideration its...

Labour Organization’s Improvement Initiative

The work organization processes in large companies always push their owners to make certain improvements. Basically, a large enterprise can be roughly divided into two departments – factory workers and office workers. These two categories have their own individual needs and requirements for the workplace. This analysis will focus on...

Animal Foodland Product Promotion and Advertisement Strategy

The Animal Foodland is a leading organic dog food company which addresses the issues of Georgetown’s, Washington D.C dog owners. Its message is to make food that meet the dietary requirements of domestic dogs raised for various purposes. The organization also provides customizable products suitable for each individual case. In...

Pfizer Organization Financial Analysis

Pfizer Inc. is an American international biotechnology and pharmaceutical corporation that is headquartered in Manhattan in New York. Charles Pfizer established Pfizer between the years 1824 and 1906 (Pfizer Inc., 2021). Pfizer organisation produces and develops vaccines and medicines for neurology, endocrinology, cardiology, oncology, and immunology. The firm has various...

Tesla Company Limited’s Financial Evaluation

Financial assessment of a company is vital for an investor to decide if the business’s stock is worth purchasing. Tesla Company Limited is an innovative manufacturer that produces electric vehicles and clean energy (“Tesla,” n.d.). Founded in 2003, the company becomes a popular choice for many investors in 2021 due...

Online Scavenger Hunt: Effective and Ineffective Managers

Managers can make or break a company, as they are responsible for planning its general strategy, decision-making, organizing, leading and controlling the employees. Managers have to make quick decisions and predict what shape the market will take in the future to offer valuable products or services. This post will discuss...

Advantages and Disadvantages of Equity and Debt Financing

Introduction Businesses can obtain capital for long-term operations from debt, equity, or hybrid financing options. Notably, each of the options mentioned above has unique characteristics, which are either desirable or undesirable to a business. As a result, organizational managers should collaborate in strategic financial planning to choose a financing option...

Organizational Change and Innovation: Theories and Case Studies

Abstract In the contemporary world, change and innovation are the main drivers of the successful development of organizations. A critical review of theories of innovation and change provides an assessment of the benefits of the primary methods of introducing change in organizations. Simultaneously, case studies of applying change theory to...

Levi’s Leader Berg: Effective Change Management & Organizational Culture Shift

Introduction The case of Levi’s Leader Berg and his successful implementation of change management and a new organizational culture is a particularly relevant and interesting case to examine. This case demonstrates the potential for positive outcomes when change control is accomplished correctly and carefully considering its effects on the organizational...

Marketing Plan for GESSEVEN: Strategy, Analysis, and Action Plan

Introduction GESSEVEN is an accounting and market management consulting firm founded in 1997 and based in Portugal, LourinhĂŁ. It offers its customers various services, including accounting, taxation, human resource management, and consultation services for other firms (GESSEVEN, 2021). The company is guided by sincerity, effectiveness, and rigor. The dedicated and...

Financial Analysis of Intel Corporation: Ratios and Performance Review

Introduction Financial analysis assesses the effectiveness and appropriateness of firms, initiatives, expenditures, and other finance-related operations. Among the most frequent methods for analyzing financial transactions is to create proportions from the information in the accounting records and contrast them to those of other organizations or the corporation’s recent achievements (Schroeder...

Ford Motor: Marketing Strategy

Current Strategy Above all, Ford maintains the values ​​of innovation and ingenuity. Since its inception, the organization has a portfolio of more than 38,000 patents, which creates a competitive advantage in the market through technological developments (Lazdowski 5). As a result, the company differentiates its product line and constantly develops...

The Instagram Firm’s Marketing Communications

Instagram is a popular tool through which many businesses expand their customer base. However, the firm also has to constantly keep the attention of its users focused on the platform’s content. Such an approach requires communicating directly with creators and helping them to connect with their followers better. Therefore, the...

Job Motivation: Problems and Solutions

Problem Background Motivating employees can be both a rewarding and challenging task for managers. If an unsuitable motivation strategy is adopted, managers may end up with an even more dissatisfied workforce. Some main barriers to motivating employees include differences in personality traits, the availability of many theories of motivation confusing...

Organizational Structure, Culture, and Climate

Introduction The majority of the time, individuals confuse organizational structure and organizational culture and climate. On the one hand, the former defines how activities, including task allocation, supervision, and coordination, are guided toward accomplishing organizational aims. It impacts organizational action and offers the basis on which standard operating processes and...

Promotion in the Marketing Mix

Introduction One of the components of the marketing mix as a universal concept used for a comprehensive assessment of the factors that determine the success of sales of various services and goods is promotion. To offer target markets products that meet the demand criteria, it is crucial for sellers to...

Intel Corporation: Financial Analysis

Ratios Liquidity Ratios Liquidity ratios determine an organization’s ability to cover current and potential future financial liabilities. The purpose of the report is, among other things, to demonstrate the liquidity of Intel. An organization strives to have a financial balance sheet to meet liquidity requirements but not to exceed a...

A Review of the Intersection of Human Resource and Sustainability

For decades, organizational management has concentrated on achieving short-term financial objectives while overlooking broader long-term goals linked to human issues related to social and environmental concerns. For this reason, sustainability has continued gaining traction in both business and societal contexts. The interest in sustainability is due to increased recognition of...

Human Resource Policies in Texas Health Resources

Introduction Texas Health Resources is a well-known healthcare institution that prioritizes giving its patients high-quality care. In my capacity as this organization’s HR expert, I would begin by assuring the effective selection and staffing of qualified personnel who comprehend the mission and vision of the hospital. Achieving the objectives of...

Global Strategy: The Crucial Resources

Resources When implementing a global strategy, it is necessary to determine the company’s resources available for international expansion, taking into account the competitive advantage that it may have. For example, a company has particular patents or brands that can be used in international expansion. Only then should the company define...

Enterprise Leadership: Functions of Management

Introduction Numerous studies indicate that the current business world requires a manager with a proper understanding of the organization’s needs, thus prompting it to succeed. Administrators play a critical role as they are tasked with monitoring and managing everything from human resources to budgets. The type of leadership present usually...

The Amazon Company’s Business Model Analysis

Amazon is a leader in the field of sales of mass-demand goods through the system of Internet services. Established in 1994, it remains a leader in its market and influences the behavior of hundreds of companies at a lower level. The creator of this great company was Joseph Bezos, who...

Amazon’s Information Systems: Analysis

Summary Amazon is the world’s biggest online retailer that sells a wide range of products. It is recognized as the top retailer globally and is one of the most inventive online stores. Business information systems (BIS) offer information that businesses may utilize to govern themselves more efficiently and effectively, generally...

Corporate Social Responsibility Practices of Major Firms

Ice cream maker Ben & Jerry’s Homamade Holdings Inc. is based in the United States. The business was founded in 1977, and parent firm Unilever bought it in 2000. Although it began as a small company, it now has operations around the world. The firm makes more than 50 distinct...

Walmart Inc.: Sustainable Supply Chain Management

Introduction Resilience and sustainability are the key factors for the success of a company or an organization. Resilience is the ability of a company to survive change, while sustainability is the ability of an organization to continue with its roles without abating its value. Over time many companies and organizations...

Ethical Leadership in Business

Executive Summary Business ethics is concerned with people and companies’ shared beliefs, principles, and ideals. Corporate executives must maintain and embody good moral standards to help build the desired corporate culture. Leaders with high ethical standards go beyond simply managing their employees; they also motivate and encourage their followers through...

Walmart: Sustainable Global Supply Chain

Introduction The expansion of global markets has compelled supply chain firms to spend more on development and manufacturing to fulfill their customers’ demands. As a result, businesses are becoming deemed responsible for the ecological, economic, and social repercussions of their activities and vendors. Sustainable supply chain management, which is focused...

Workplace Cooperation and Conflict Resolution Management

Introduction Generally, the main focus of business organizations is to achieve optimal performance in the industry. However, sometimes it is a challenge for managers to promote and create a working environment that facilitates and increase the ability of employees to deliver the best services for their employers. In the present,...

Resistance to Responding to New Ideas

Challenge Description The study’s main difficulty is resistance to new ideas and change in a collaborative environment. The current situation’s changes and technology advancements have forced firms to adapt to new processes as a means of expansion. Once a corporation understands the benefits of change, it is up to that...

Working from Home, Economy and Work-Life Balance

Introduction The pandemic has changed quite a few aspects of people’s lives globally, causing a series of permutations that have shifted the dynamics of relationships in a range of areas. However, the employment setting remains the sector that has suffered the greatest and the most powerful set of changes. Among...

Market Segmentation: Purpose and Types

Market segmentation refers to the practice of dividing a consumer market into smaller subgroups that share certain characteristics. It is an application of market research which seeks to break down the market into segments to better understand the needs and wants of each subgroup. A business can then customize products...

Emotional Balance in Human Relation Management

Introduction Emotional balance entails understanding and controlling one’s emotions in a calm, wise and sincere manner. It is an aspect of leadership skills that allows one to find ways to manage their emotions and impulses even in stressful situations. While anger is a normal human emotion, it can ruin the...

Don Burr’s, Horst Schulze’s, Lew Platt’s Company Visions

People Express People Express was an airline that operated from the 1970s to the 1980s when it was sold to Continental Anilines. The company’s leadership and vision are targeted at making every employee serve at several stakeholder capacities. Indeed, individuals had to buy company stocks before becoming part of People...

Meditech Company’s Product Manufacturing and Introducing

The Meditech company is a major player in the technology and medical product industry which provides hospitals and medical institutes with supplies, materials as well as technology for surgical procedures, and tools for aiding preparing of patients for surgery as well as helping them recover from operative procedures. The company...

Meditech’s Production Problems and Their Drivers

It was determined that while the demand for the new products increased dramatically in the market, just after their launch, it tended to steady out in the succeeding weeks, coming down to levels where the company could easily satisfy all the orders coming in for the new products. This helped...

Meditech’s Customer Service Manager Detecting Problems

The hierarchy of the Meditech management is such that it is headed by the VP of operations, who leads the plant managers and the director of materials management from the procurement side of the business, and the director of planning and distribution from the supply side of the business. The...

Second Mover Strategy: Organizational Risks and Rewards

The type of the industry where first and second movers are engaged in influences greatly the risks and rewards that they are faced with. The potential rewards that motivate the companies to take the second-mover approach do not always turn it to be successful. Below are some possible risks and...

Ryanair Company’s Recommended Actions to Attract Customers

The first area recommended for Ryanair’s consideration is the pricing model for its services. The company has been successful in establishing the reputation of a phenomenally cost-efficient service by offering ticket prices 80 to 90 percent lower than those of their competitors. This was initially achieved through the removal of...

Accurate Financial Data in the Business Plan

As identified previously, a financial statement is essential to include in a business plan so that investors understand the needs of a start-up company in terms of both future and present costs. Usually, a cash flow statement is included in a business plan for considering how cash flow can affect...

Product Pricing Methods: Advantages and Disadvantages

There are three basic pricing strategies, including cost-based pricing, value-based pricing, and competition-based practice. The primary benefit of a cost-based pricing strategy is simple calculations involved in determining the final price per unit. Additionally, the method ensures the profits for the business since the minimum price is the marginal cost....

Levi Strauss and the Advantage of the Global Environment

Levi Strauss is indeed a well known brand in jeans throughout the world for many years now. But with the spread of globalization the level of competition has indeed goes up. Liberalization in economies around the world has opened up newer vistas of trade. Levi Strauss has been catering the...

The Problems and Dilemma in Hanover-Bates Chemical Corporation

The Hanover Bates Chemical Corporation is a leading manufacturer and distributor of chemicals that are employed in the chemical plating industry. The company has its main operation in manufacturing and production of the chemicals while a sales division handles the sales for the company. The chemicals that are manufactured at...

Balance in Managing External Constituencies

In the book “Organizational Culture and Leadership,” Schein states that long-term growth is influenced by and dependent upon external adaptations and balance between needs and demands of the stakeholders. The author underlines that “all organizations are sociotechnical systems in which the manner of external adaptation and the solution of internal...

Ducati’s Decision to Diversify Its Products

Ducati’s decision to diversify its products with the exclusive online sale of new motorcycle models is the penetration of the company to the new information age. It is certainly a starting point of the new strategy. The company should take some specific actions to sustain its lead in e-business and...

Ethical Issues in International Business Setting

Business ethics govern all ethical issues, ethical problems and morals related to business dealings. Honesty, truthfulness and fair dealings are important in all businesses. There should be certain rules made for such ethical issues and should be addressed in detail so that every business entrepreneur must be aware of them...

Basic and Applied Research in Business Situations

The process of research can be conducted by using basic or applied research methods. Both have distinguished characteristics and are used in different situations. Basic research is a form of research that is conducted out of a person’s inquisitiveness or interest about a particular phenomenon, and the intention is to...

Harley Davidson Company’s Strategy

The Harley Davidson company focuses mainly on the marketing mix, mainly the four P’s in the marketing arena for being the market leader in flying colors. Product The product is given utmost importance. The product is made available to the consumers in a unique color. Based on R&D programs and...

Nokia: Strategic Options Analysis

Nokia, although in the first position as the world’s leading mobile company in product sales plans to launch new techniques in order to maintain the position and maintain the market compared to the competitors. Venture into the innovations already explored by other firms proves to be a hilly path for...