Introduction Nowadays, most chief executives of large organizations do not consider the current business environment stable and think of ways to find a thriving second core. Allen and Zook in the article “When Your Business Needs a Second Growth Engine. Here is How to Build One” examine new business cores...
Within the scope of review selection, it seems that there are the following crucial steps in this process. First, one should make sure the potential project fits with their organization’s broader plan before moving further. It’s crucial that all of your key stakeholders be present and aware of your overall...
Creating a Competitive Advantage for Starbucks Company The SWOT analysis of Starbucks showed that the company has become worldwide famous due to the unique methods of promotion and extreme focus on the clients’ needs that leads to the increasing number of customers. Since its foundation in 1971, Starbucks has stuck...
Fort Lauderdale-Hollywood International, or FLL, is an airport in Florida Broward County. The airport has four terminals that serve around 36 million people annually and employ 18 thousand workers (“Broward County Sheriff’s Office”). This paper explores the airside-related environments of the Fort Lauderdale-Hollywood International Airport. It researches and assesses FLL’s...
Introduction Entrepreneurs should continuously scan the environment for possible business opportunities that are not noticeable to ordinary people. These opportunities may stem from different areas of the environment, including economic, social, technological, environmental, and legal fields. Current global issues that may present valuable business opportunities for entrepreneurs include rapid population...
Introduction Financial management is essential for accomplishing an organization’s goals and achieving success. While each company should manage its finances appropriately, non-profit organizations (NPOs) deserve particular attention. A financial manager needs to understand a non-profit organization’s sustainability, as NPOs can produce a profit but cannot distribute the profits to organizations’...
More thorough analytical thinking for solving daily problems and objectives is a key factor for effective management and business. The articles “10 brainteasers to stretch your brain” and especially “Are you solving the right problems?” have strikingly changed my mind about how real professionals should deal with problems. The problem...
Introduction The total process of controlling how resources are bought, maintained, and delivered to their eventual destination is referred to as logistics. Identification of potential distributors and suppliers, as well as their efficacy and availability, are all part of logistics management. In the corporate world, logistics performance leads to higher...
The notion of perception denotes the subjective attitude of the person to something, which means that it can feature certain ambiguities. It is impossible to use perceptions as factual data to make objective, evidence-based decisions. At the same time, perceptions influence the relationships between employees, their interaction within the organization,...
Double-loop learning is an important concept that individuals need to become effective leaders. According to DuBrin (2018), this term “is an in-depth type of learning that occurs when people use feedback to confront the validity of the goal or the values implicit in the situation” (p. 398). In other words,...
Network operation is a complex mechanism in which there are many complex moments. Franchising problems can affect the work of both the franchisee and the franchisor. I would open an Amazon franchise for e-commerce and get a quality experience. Although there is an opinion that a franchise is an easier...
Introduction The platform business model has a significant force in terms of internationalization due to such significant competitive advantages compared to other models like digital technologies and network effects. First of all, such firms are unique in the way that they are part of the business that connects the right...
Ratio Analysis Long-term Solvency Table 1:Â Debt/Equity Ratio of Uni-Select Inc. and AutoZone Company The debt to equity shows the proportion that the liabilities have over the company’s resources. Table 1 shows that from 2017 to 2021, Uni-Select Inc. has been at risk because it recorded smaller debt to equity ratio....
Hedge Accounting Hedging is an approach where a corporation utilizes a derivative to balance future modifications in their fair market value or cash flow of either their liability or asset. The most common situations in which corporations can employ hedging include money market activities, forward exchange for currencies, and interest...
In the present day, in order to stay competitive and develop, a considerable number of companies aim to form their corporate initiatives, policies, and values responsive to public demand and focused on sustainability and responsible operation. For instance, the Lego Group may be regarded as an international company that demonstrates...
Olympic Games are not only the site of competition, but the Olympics are also the venue where popular brands sponsor sports teams and individual athletes to receive a return on their investments in the future. Indeed, sporting events are considered powerful ways to raise awareness about a brand, increase its...
Organizational culture that supports healthy and inclusive ethical climate can be considered one of the main tools of any modern management organization and staff development. An ethical climate implies a certain set of values, norms, and rules that form the guidelines for behavior and actions taken by employees. It is...
Manufacturing organizations use different raw materials in the production of their goods. Some of the materials used in the production become part of the finished product, while others are only used for carrying out the production process. Among these materials, those that become part of the manufactured goods are called...
While Travelodge is one of the UK’s most famous holiday destinations, this business has several drawbacks, one of the most important being security. The fact is that a large number of customers have their own cars, and, accordingly, they need a place for their accommodation. However, parking lots are not...
National Culture Components Numerous issues should be taken into consideration when realizing the differences between cultures, as each of them features a unique set of factors that determine its development. Although there are multiple approaches to categorization, most of them include the following phenomena: language, customs, rituals, behavior, religion, food,...
Culture plays an essential role in every organization because it affects the level of cooperation between employees, sets appropriate values and behaviors, and affects its ability to adapt to external changes and threats. American psychologist Edgar Schein has developed ten mechanisms that leaders use to change the culture of their...
A corporate social responsibility strategy is a way for companies to manage how they affect society, requiring the executives to carefully consider the company’s future actions (Carroll & Buchholtz, 2014). Apple is one of the largest businesses in the U.S. in digital market, meaning its social image and responsibility needs...
One skill that helps people communicate effectively on the job is sending instant text messages. A text refers to a brief message sent by one person to another over cellular network (Oliu et al., 2020). Texting is convenient for quick communication between individuals in the same or different places. Aside...
Due to the limited initial resources, scaling up as a start-up restaurant business with an initial capital of $50,000 does not and should not necessarily involve opening a new restaurant. First of all, a small restaurant may scale up by introducing an option of or putting additional emphasis on takeout,...
Introduction Enchante is a brand rooted in the centuries-old notions of a classic style. One true quality that classic films, literature, art, and fashion share is quality. Thus, the primary objective of the Enchante team is to ensure that all the collections are timeless. This means that in opposition to...
Introduction Organization management is a necessary process to maintain its operations and viability. The emergence of scientific management theory marked a qualitative transition to a rationalized approach to production management. Frederick Taylor, its founder, has developed a number of methods for the scientific organization of labor based on the standardization...
Starbucks Corporation is one of the American Multinational corporations with the most significant market shares in coffee farming and production. For this paper’s analysis, it is the company and organization of choice. This paper analyses leadership theories and how the behavioural leadership theory is the most ideal for Starbucks Corporation....
The weighted average cost of capital (WACC) is an important indicator helping managers or specialists analyze the firm’s current state. It can be determined as the cost of all individual sources of capital, including common stock, preferred stock, and other types of debt. Usually, it consists of the equity the...
To begin with, there is no unique definition of Corporate Social Responsibility (CSR), but it is usually understood as a need for a business to care about its impact on society. CSR has two aspects: improvement and protection, meaning that entrepreneurs should think about how their company makes community relations...
There are several crucial cybersecurity issues inherent in digital marketing. First and foremost, many small and medium businesses cannot afford specifically qualified cybersecurity professionals and have to rely on in-house resources to ensure the safety of their digital marketing (Kingsnorth, 2016; Ritz, Wolf, and McQuitty, 2020). Lackluster security standards in...
Introduction Any business in need of a competitive edge might gain from tactical planning. Tactical thinking establishes a vision for an organization’s possibilities and focuses on continuous progress, facilitated mostly through innovation. Most firms invest time and money in creating competent leadership committees, defining the company’s goals, and devising business...
Introduction As a motivational program director, my main roles will be recruiting team members, motivating and developing individuals to increase productivity and creativity in the team, and team conflict solutions. Other duties may include employees and change management and effective communication flow among the team members. Therefore, an ideal candidate...
The coronavirus pandemic has disrupted the performance and productivity of most organizations. Mostly affected is the education sector, especially schools dealing with AHD Students. According to CDC reports, approximately 6.1 million students in the US aged between 2 and 17 have ADHD (OECD, 2020). 31% of parents of children with...
One critical element that determines the effectiveness of an organization in fulfilling its mandate is the leadership role. A leader’s role is to find and solve problems in an organization (Fragouli, 2019). From the onset of the Los Angeles riots of 1992, there was a failure in leadership in containing...
The past 50 years marked an era of significant changes in operations management, its development, and environmental conditions. New technologies and strategic approaches to operations management allow many opportunities that were unobtainable a couple of decades ago. In the globalization era, which implies cooperation between countries with bigger production facilities,...
Project cost and funding mix According to Clifford (2020), the project’s US dollar volume amounts to a total of $1.4 billion. The financing structure consists of 38% equity, 50% senior debt, and 12% subordinated debt. The equity participation of $520 million is shared between Billiton (47%), Mitsubishi (25%), IDC (24%),...
There are several crucial considerations for designing mobile user experiences as related to websites in digital marketing. First and foremost, the company’s website should be properly optimized for mobile devices (Chaffey and Smith, 2017). It is particularly important since Google algorithms push the website down in the search results list...
Introduction When attempting to improve one’s professionalism and ensure continuous personal growth, one should engaging in self-exploration through reflection and reflexivity. It is through new experiences, the most valuable of which is conducting a research, that individuals are capable of obtaining new insights and pursue qualitative positive changes in their...
A Definition of a Competitive Advantage An essential task that has to be completed by any given organization in order to remain successful is to find opportunities to make its operations sustainable and compete aggressively. This shows that competitive advantage is a benefit that makes the company relevant for consumers...
Critical Evaluation of IMC Integrated marketing communications are an essential part of the marketing mix. The different forms of IMC’s include advertising, sales promotion, direct marketing, personal selling, and public relations. Their use is aimed at the formation of an information flow between the subjects of marketing relationships. Next, the...
Human Resource Development An effective Human Resource Development (HRD) plan considers various components of organizational performance and the needs of employees that are tasked with reaching company goals. The Sports Board Unlimited is challenged by numerous HR issues ranging from generational differences to the duplication of workers’ responsibilities due to...
Introduction European Club is currently experiencing a period of crisis characterized by low employee morale, dissatisfaction, and, as a result, poor performance. There is an urgent need for the Human Resource Manager to facilitate an improvement in the existing strategy. The understanding of the approach that will enable the highest...
When a US company expands from the domestic market by exporting, it faces various constraints. Firstly, recruitment is the key issue due to finding staff on a global basis. Difficulties are evident when selecting the right people for the job when desiring to expand in a new location (ADP, 2020)....
R. Jeffrey Orr is the President and current CEO of Power Financial Corporation of Canada. He has occupied this position since February 2020 and is known for his innovative approach to business organization (Bloomberg, n.d.). Power Financial Corporation is an owned subsidiary of Power Corporation of Canada that manages and...
When it comes to ethical decision-making, the five-step decision-making process can be highly useful. The latter is comprised of five key steps, which include developing a problem statement, identifying alternatives, choosing an alternative, implementing a decision, and evaluating results (Reynolds, 2018). Firstly, the problem statement is as follows: An ineffective...
Introduction Entering the Finnish market is an opportunity for Lululemon to gain new international customers, expand its sales area, improve brand awareness, and expand its business operations in Nordic countries. The Lululemon mission is to expand globally by offering high-quality sports products; the current goal is to enter the Finnish...
Powerade is a sports drink that is manufactured and promoted by the Coca-Cola Company more than 30 years. Although this product is quite popular on the market, it requires to be advertised to attract and keep new and existing customers. Despite the common opinion that the terms “sales promotion” and...
Background of the Study Performance appraisal pertains to different employee assessments that aim to improve the organization’s performance and employees. Supervisors undertake the evaluation, and the human resource practice is essential in controlling and motivating employees to improve their performance. The performance appraisal results are critical in making decisions regarding...
Square Solar Inc. is a company located in Vancouver, Canada, which specializes in innovative industries and production of solar energy equipment. The company was founded as a startup in 2021 by Derek Yu, and currently has around 30 employees (“About,” 2022). They sell detachable solar panels and solar panel accessories...
One of the most prominent organizations that nowadays receive significant revenue is Apple. The company is famous for its strategic management system in numerous ways. Currently, the company has developed its own unique strategy and distinctive features that guarantee consistent loyal customer inflow. Moreover, its reputation of Apple is derived...
Introduction Implementing an effective optimization strategy in production is an important step that reflects the success of management work and the effectiveness of the transition to new operating modes. LEAN Manufacturing Principles, being such optimization steps, are methods for improving various manufacturing aspects, and in the article by Dowd (2007),...
Self-Awareness and Stress Management Our life is impossible without stress, and it is necessary for maintaining vital functions. However, if stress is frequent and prolonged, it has a negative impact on the psychological state and physical health of a person. Therefore, an essential factor of high-quality life activity is the...
Introduction The work environment has witnessed numerous reforms that have been focused on addressing the emerging needs of the employees to avoid exploitation and upturn their motivation. Work-life balance has been one of the vital changes in the workplace geared at establishing a healthy setting for all employees by allowing...
Meaning of Consultancy In recent years, the business environment has become highly competitive. This change can be attributed to global access to technology and innovations that improve production and service delivery efficiency. Companies are constantly altering their organizational structures and business models to maintain or gain an advantage against similar...
A behavioral theory of leadership supports the notion that no one is born with leadership skills, but rather everyone is capable of learning them. The theory argues that the leader’s behavior, rather than their natural predisposition, is responsible for their success at their job. It is a commonly used theory,...
When expanding into foreign markets, organizations need to be exceptionally wary of the differences in the economic, political, and sociocultural contexts. Otherwise, the failure to align with the set requirements and expectations will entail the inability to attract customers. For a U.S. company selling software on math, language, and coding...
It is necessary to analyze the leadership characteristics actively used at St. John the Compassionate Mission. Listening. Father Roberto Ubertino listened to his followers and helped them grow through his work in the community, volunteering, and helping others. In other words, his superiors always listened to his subjects and tried...
Introduction The travel and tourism industry is one of the fastest-growing industries that is becoming increasingly attractive to emerging entrepreneurs. The industry has a wide range of opportunities for dedicated and passionate persons (Vasudevan, 2017). Among the subsectors in the industry include accommodation, transportation, restaurant, and entertainment; an entrepreneur can...
Personal branding can become an effective tool for your own promotion. It consists in drawing up a plan to turn reputation and career into a high level of fame. The main point of the developed strategy is a description of the current state of the personality level and what level...
Brand repositioning is the process of redesigning the activities of a brand in a way that is more relevant to the proposed needs of the customer base. The update concerns various aspects of the company’s activities – first of all, it is the update of the brand’s message and value...
Introduction Toyota Motor Corporation released the most recent environmental report in October 2020. A significant part of it consisted of Toyota Environmental Challenge 2050 progress review. Toyota announced this challenge in 2015 in order to establish itself as a green brand. According to it, SimĂŁo and Lisboa (2017) highlighted six...
Accor operates in all tourism and hospitality segments through its many owned brands and franchises. It is a strong player in augmented hospitality with a presence in 100 countries, with its European operations accounting for 47% of the global room supply (Damnjanović, Lončarić, & Dlačić, 2020). Accor’s highly diversified portfolio...
Introduction In the current era of globalization, a significant number of international corporations continue to establish investments in emerging economies. As a result, the global market is increasingly being accessed to meet the capital needs of multi-national companies. Such approaches taken by these multinational corporations have included listing their securities...
Introduction The Amazon Company operates in the online shopping industry and has been in existence for more than ten years. Through interviews with Jonathan White and Jeremy Kim, who are technical managers at the company, this reflective paper presents results of Amazon Company’s market function audit. Products From its inception,...
Verizon, a leading global company that deals in telecommunication services have taken it upon itself to engage in social responsibility. The move to support education and safety in the community that the company operates its business is a form of management concept that has been adopted by most modern companies....
Product positioning is an essential concept in marketing in which the seller focuses on winning the interests of different consumers. It helps marketers to determine the best way of communicating the benefits and relevance of their products to customers based on their needs, competition, and existing advertising channels (Koch &...
Introduction Many businesses around the world are exposed to risks and uncertainties. As a result, institutional managers and directors create risk mitigation strategies that enable business continuity in case of interruptions. These strategies include finding alternatives that would ensure normal business operations or that funds are available for the transition...
Amazon is a worldwide sensation, a huge international corporation that once was just a small site for the resale of books. Such an active and successful development would not have been possible without well-planned management. The purpose of the essay is to analyze the electronic business model of the corporation....
The notion of moving forward as quickly as possible is not related to rushing through the whole process. Instead, it is about validating a business idea at the earliest stage of launching a business. In place of spending an enormous amount of time and money on developing a product and...
The problem that affects the target organization is that the medical center does not have well-trained professionals to work with addiction and related disorders. This affects the center’s capability of meeting the needs of its clients and delivering high-quality service to them. The goal of the organization is to have...
Sparton is one of the leading defense contractors for maritime defense systems. The company is also a leading provider of engineered products, such as sonobuoys provision to the U. S. Navy (Sparton, 2020b). Although the primary focus of the organization is on the military and aerospace industries, Sparton identified two...
MTC’s business purpose is to supply its customers, including small- and mid-size businesses, nonprofits, and governmental organizations, with highly professional experts and consultants in business process consulting, IT consulting, and IT outsourcing consulting. Currently, the firm is anticipating expanding procedures, which will require the fast hiring process of numerous applicants...
Introduction to Product and Company On a typical day, most people around the world use at least one cleaning or beauty product for a range of purposes. These products are selected from a variety of manufacturers, and each promises better results. In this study, the objective was to find one...
The Author’s Main Point The author’s main point is that people in an organizational set-up have different personalities that every leader should accept. As a result of the differences, conflicts are likely to arise in the work place. However, some have special problem-solving skills and must be tasked with providing...
The non-profit organization in question is suffering from a high turnover rate due to volunteers’ burnout. Inconsistency in staffing leads to the overload of the loyal members, namely, ex-homeless veterans who are willing to help but feeling exhausted and demoralized. As emphasized by Bryson (2018), burnout is a common occurrence...
In business, like in any other sphere of life, the development of new ideas is based on the incorporation and remixing of old ones. According to Ferguson (2015), everything created by humans in the contemporary world is a remix since people are using old findings, existing knowledge, and ideas to...
Innovation is central to entrepreneurship, as well as progress in any sphere of human life. It may seem that bright ideas are at the core of innovation. Clearly, projects and new products emerge when a brilliant idea is brought to existence. However, people tend to forget that idea is itself...