On the basis of the analysis of various companies’ efforts to enter the international market and develop in foreign countries, it is possible to identify several essential lessons learned. First of all, the successful performance in other countries is impossible without paying attention to local customer preferences, market conditions and...
Introduction This email addresses Wells Fargo’s corporate governance challenges. Moreover, it is crucial because it establishes a set of guidelines and procedures that regulate how an organization functions and how it balances the interests of all of its players. As such, corporate governance is a structure that governs the behavior...
Introduction In a dynamically changing external environment, any organization developing a development strategy uses a set of economic indicators to assess its activities. For the successful operation of enterprises and survival in the competitive struggle, it is necessary not only to form certain advantages but also to systematically take into...
Introduction Leadership is integral for the success of any organization in the current multifaceted business and operating environment. Manning & Curtis (2022) state that a successful leader ought to effectively exercise their leadership abilities to inspire higher morale among the followers to attain better results for their organization. However, not...
Introduction It is a common trend for big firms to align with environmental, economic, and social movements as a strategy for marketing their products. Big brands work closely with community groups that are driven by societal concerns, for instance, inflation, alleviation of poverty, and reducing discrimination in the workplace. Business...
Introduction Jensen Hughes is the scouting firm selected in this memo. The company, which has several offices across the world, makes greater use of its global presence to meet the needs of its local, regional, and international clientele. The business offers clients worldwide service across all marketplaces. In both the...
Modern organizations experience unique challenges in the process of running daily operations. Developing problem-solving, communication, conflict resolution, motivation, and employee participation in decision making are all areas that contemporary firms are focusing on to foster a high-performance culture at work (Pfeffer, 2015). It would appear that in response to the...
Drug testing at work is a common practice in many businesses. Nevertheless, despite its lengthy history, it is still a contentious practice. Many business managers experience difficulties when they weigh the advantages and disadvantages of workplace drug testing since there are conflicting views on how to strike the right balance...
Introduction It is hard to disagree that the changing world requires timely and corresponding moderations in all business areas and levels. Thus, the 1980s saw the emergence of several critiques of the function of conventional managerial bookkeeping techniques (Wolf et al., 2020). According to Morozov (2021), such objections center on...
This paper addresses business model innovation as a managerial and business concept and its significance for an organization’s performance and development. Business model innovation is the process of mutually supportive and simultaneous changes of a company’s operating model and value proposition. At the level of value proposition to clients, changes...
Identifying the Importance of the Decision It is crucial to evaluate factors besides efficiency before making a cost-demanding decision. In this case, the decision to install a new project management software should be evaluated more. Decision-making is about finding a solution to a problem or a goal for a task....
Introduction A business venture’s success relies on its founders’ model, innovation, and entrepreneurial skills. Various factors are integrated to make a business venture successful. A business venture is a planned activity that aims to provide the founders with profits. Alibaba is an example of a successful venture across the world....
Introduction In an organizational context, managers face many challenges concerned with leading employees in a direction that aligns with corporate goals and objectives. Organizational change is a particularly burdensome managerial phenomenon because employees tend to be resistant to it and handle change in the workplace differently. For example, a company...
Relations between customers and the company play a vital role in the organization’s success. Depending on people’s satisfaction with companies’ products, they will recommend this service or give negative feedback about it. Today, many managers study the needs and requirements of buyers. Marketing strategy can not only increase the level...
Purpose: Why has the plan been written? The product I intend to export to a foreign country is Meat Products, and the target market is Australia. The business plan has been written to prove the idea of meat product exportation viable. One can determine whether their business will succeed through...
Introduction Today, most accountants are unanimous in defining income taxes as expenses, and a few arguments prove this statement. On the one hand, the United States Generally Accepted Accounting Principles (GAAP) stipulate that this approach should be followed (Schroeder et al., 2019). On the other hand, this treatment is aligned...
This paper is dedicated to the significance of communication and employees’ training for the innovation process and the interconnectedness of various factors for its efficiency. For a successful implementation of innovation, the efforts of a company’s all employees are required. In other words, they should work as a team for...
Orientation on the strategy ensures the existence or creation of conditions under which the company will have chances to succeed. The first reason to apply it is the ability to simplify the organizational structure, which allows for making collective decisions in the face of environmental counteraction promptly (Afuah, 2020). The...
Executive Summary This comprehensive plan is designed for the Coca-Cola company, an international organization operating in the non-alcoholic beverage production industry. The rationale for selecting Coca-Cola as a company for analysis is justified by the global presence of the brand, its large size in terms of the workforce, and its...
Leadership Philosophy The leadership philosophy is as ancient as those who attempted to form organizations and manage others to achieve certain goals. The philosophy and leadership practice may be traced back to the dawn of human civilization, with many features (De BrĂşn et al., 2019). Leadership is a widely talked...
Introduction Exporting products to other countries in large quantities necessitates ships and other associated transportation vessels. Chattering provides the opportunity for businesses to supply internationally. Ship owners lease out their boats to businesses and suppliers based on the requirements of different charters. This article compares time charter and bareboat charter...
Price/Earnings (P/E) Ratio Investors apply the P/E ratio to determine a firm’s value. The process entails comparing the current share price to the share earnings. A high PE ratio implies that a stock is expensive and may fall after some time. The P/E ratio determines the firm’s performance during currency...
The latest trends in business are closely connected with the globalization era as more production supply chains now extend across national boundaries. Furthermore, more production strategies such as outsourced and remote production became available with the technological development of reliable supervision methods. The COVID-19 pandemic marked a significant increase in...
Introduction Revolution in the business sector is really based on the many recorded changes. The present-day investment world originates from the nineteenth-century industrial revolution in Europe. During the past centuries, business success mainly relied on the ownership and control of a vast supply of raw materials and the latest technology...
Introduction Compared to the typical corporate governance of other financial institutions, banks are unique, and so is their internal control. This statement is supported by empirical data, much of which was acquired after the financial crisis.1 Banks that adhered to traditional, shareholder-focused strong corporate governance performed worse than banks with...
Introduction Management information systems have become a central theme in local and international business processes. While every business may have unique product lines, the firm’s management and control require an effective information system to facilitate resource acquisition, allocation, and sales tracking (Akpan et al., 2020). A local sandwich shop engages...
Introduction College athletics have grown to be a multibillion-dollar industry in the United States and are regarded as the top form of entertainment for sports enthusiasts. Given the cultural and institutional expectations in the amateur sports sector, organizational change becomes more challenging as college sports expand in popularity. These change...
Introduction The banking sector in Nigeria is regarded as the second-largest industry in the African continent. Nigeria’s banking industry has assets that total over 65. Forty-eight trillion nairas as of June 2022 (Nwokoji, 2022). However, the industry encountered economic instability during the economic recession in the period of 2016. To...
Introduction Technology is essential to the modus operandi of every contemporary organization. As such, IT procurement is referred to as a collection of procedures for acquiring and deploying information technology (IT) strategies and types of equipment in a manner that is consistent with the plan of an organization (De AraĂşjo...
Introduction Telstra Corporation is Australia’s largest company that operates in global technology and telecommunications, providing Internet services and telephones, mobile communications, and cable television services. It faces a significant challenge in the introduction of smartphones into its line of production. This report thus concentrates on this issue, the application of...
Introduction Diversity and inclusion is a significant basic necessity that is required in every sphere of the world today. Diversity considers various ways people are alike and creates respect for their differences. Valuing diversity does not make all people alike, but it embraces the differences that make everyone unique. An...
Abstract Conducting an organizational analysis is an integral part of business research, allowing not only a deeper look into a company’s internal culture but also a closer look into its external sphere of influence. Standardized tools of such analysis have been evaluated by time and the experience of various brands,...
Abstract Telstra has launched a number of initiatives to strengthen its position in the market, respond to shifting market dynamics, and improve customer experiences. Telstra has created a strong brand identity that increases its productivity and client service delivery, enticing customers to become more receptive to the product and service...
Introduction Apple (AAPL) is under review in the current report, and the information below will present the financial analysis of this organization. Since the business is notable, Ernst & Young, one of the most famous accounting firms worldwide, audits Apple. The organization represents a broad consumer electronics industry, and the...
Introduction Leadership theories are designed to identify the factors that predetermine the making of effective leaders. Theories focus on specific character traits and competencies that are necessary for individuals to acquire or facilitate their leadership skills. First, the Behavioral Leadership Theory (BLT) is focused on leaders’ behavioral patterns that, if...
Vision Statement To become a market leader in research and development, focusing on achieving sustainability in all organizational processes and creating a diverse workplace with the capacity to achieve Boeing’s core values. Organizational Structure The Boeing Company uses a divisional organizational structure. The organizational structure is based on the organization’s...
This proposal focuses on the exploration of possible business opportunities for Becky’s Cottage Floral, which distributes flowers and plants. Being a small business in the floral industry, the store has a number of factors that underscore its business capacities – such as a stable network of customers, convenient location, and...
Introduction Modern competitive business environments have forced many companies are aiming at reaching global consumers, and Costco Wholesale is not exceptional. The company exists as a corporation, and has been in the market for the past 35 years, and it has been evolving to become the consumers’ choice on basis...
Introduction Boeing is a multinational company whose main headquarters are in Chicago, Illinois. The corporation is a leading global aerospace company that develops, manufactures, and services commercial airplanes, defense products, and space systems for customers in more than 150 countries. The Boeing Corporation enjoys a vast range of benefits due...
Introduction Sexual harassment remains one of the persistent issues that human resource managers (HRM). Any person can become a victim of sexual harassment, but the marginalized groups such as women, persons with disability, and individuals who identify as lesbian, gay, bisexual, transgender, queer, or intersex (LGBTQI) are at an increased...
Introduction It is important to note that management plays a critical role in all aspects of an organization, which ranges from its structure and business model to organizational performance. Therefore, managers need to be able to improve their management practices and efforts by integrating information technology to enhance their decision-making...
Introduction Organizational change is a process that concerns any business or organization. With the passage of time, the need to introduce improvements becomes more and more necessary. This is especially true in times of economic and social turmoil, where any institution or business finds itself faced with new and emerging...
Zappos has gained a reputation for its unique company culture and philosophy, which is centered on the happiness of both employees and customers. The company’s focus on creating a positive work environment and providing exceptional customer service has led to its success and popularity among consumers. Zappos’ superior customer service,...
Introduction The article by Yin (2015) highlights the importance of technology strategy in today’s business environment. The author gives a special focus to innovation as an effective way of bringing about change. Also, Yin (2015) notes that the impact of technology can be seen best of all through the size...
Introduction Telstra Corporation is Australia’s largest company that operates in the sphere of international technology and telecommunications providing Internet services and telephony, mobile communications, and cable television services. In general, telecommunications may be defined as the provision of communication over a distance, and the telecommunications industry unites internet service providers,...
Introduction The organizational issue under the description in the chapter is leadership. The piece delves into various aspects and forms of leadership and its effectiveness in the modern workplace. Furthermore, the chapter seeks to detail some of the changes leadership underwent over time and the way influential leaders should act...
Uber business is one of the twenty-first century’s most significant inventions that has simplified individuals’ movements across busy cities. Although the entry of Uber Technologies into the transport industry has destabilized the relationships between the firms and taxi drivers, its operational strategy has resulted in many nations’ economic growth. Start-up...
Disney is a global powerhouse in the animation business, renowned for narrowing the gap between reality and imagination to create joy for individuals via narrative. Disney’s worldwide presence highlights the notion of internationalization, the unification of consumer desire, and the establishment of a globalized economy, allowing the company to surpass...
Introduction Organizations and companies must be aware of Porter’s five forces model while calibrating market competition. Porter developed this analysis to determine the competitive market environment for organizations. Home Depot is not an exception to deploying this Porter’s analysis to achieve a competitive advantage in the market. Porter’s five force...
Introduction Marketing communication is one of the factors that might help companies to generate a competitive advantage and evolve. Messages managers use to communicate with the target audience are critical as they help to create a specific brand image and guarantee customers will be interested in the offered products and...
Executive Summary Business entities rely on the power of change management to get rid of old practices and introduce new ones depending on the existing forces. From the beginning of 2020, many companies began to undertake numerous transformations due to the challenges of the coronavirus disease of 2019 (COVID-19) pandemic....
Although most business designs aim to generate revenue and make profits, customer satisfaction is at the top of their priorities, encouraging them to adopt various solutions to enhance consumer appeal. Customers have different needs and complex preferences but their main concern when selecting products is often their quality. The quality...
Contemporary management is subject to a variety of macro factors which force businesses to adjust their strategies and tactics. One of the main macro factors affecting modern businesses is the worsening economic situation. The growing inflation and unemployment cause companies to have fewer resources to spend on the development of...
Dendrite International focuses on selling computer services to the pharmaceutical sector. Dendrite International sells sales and customer management automation software to companies in the pharmaceutical industry (Bell and Cespedes, 1995). These companies deal with a tremendous amount of data, from maintaining physician and nurse practitioner data to drug management and...
Organizations that are devoted to diversity are making an ethical undertaking to recruit as well as treat employees with fairness, for instance, Google. Particularly, in the board of directors this sets a leadership example and communicates to the staff that the firm is focused on providing equal chances for every...
Introduction Hershey’s was founded in 1894 by Milton Hershey, who began producing chocolate in Pennsylvania. Today, Hershey’s is one of the largest chocolate manufacturers in the world. Hershey’s milk chocolate bar was introduced in 1900; during World War II, Hershey’s produced Ration D bars for soldiers, which were designed to...
Introduction The problem now receiving the greatest attention worldwide is ethical abuse in the workplace. It can be seen in forced labor, unacceptable working conditions in sweatshops, and child abuse. For example, forced labor is among the most prevalent types of contemporary slavery, widespread in developing nations like South Asia....
Introduction Leadership is one of the critical components of an effective and productive guidance team or organization. This phenomenon includes the acquisition of a particular style, skills, and competencies that will help not only to achieve goals quickly and efficiently but also to motivate people. I believe that the most...
Introduction It is no secret that McDonald’s is a fast-food market leader. For example, the company has many locations worldwide and serves several million visitors daily. The company’s major success was the principles developed by the McDonald brothers, based on methods, production scheme and high-quality products, limited menu, friendly and...
Workplace stress has a profound impact on employee well-being both inside and outside the work environment. This persuasive essay aims to convince the management of businesses to take steps to mitigate workplace stress, given its negative implications on employee health and performance. The essay will focus on psychological concepts in...
Abstract Organizational change and its implementation are essential parts of the practice of any manager who seeks self-development and professional growth. A dynamic organization always seeks new approaches, ideas, and ways to create culture, products, and business in general. Without a responsible manager who will handle the obstacles of implementing...
Abstract This analysis of the organization ADT Inc. examines the management and leadership structure, organizational culture, and change management strategies of the leading provider of security and home automation solutions. Through a review of the management and leadership theory, organizational culture theory, and change management theory, it is evident that...
The workplace conflict between employees and supervisors stems from a power imbalance identified as the source of the conflict. This can be attributed to a need for more understanding and trust between those with different levels of authority. It is essential to identify the root cause of the conflict and...
As the popularity of the Nike brand grows, the demand for its products increases, which leads to an increase in the company’s revenue. On the other hand, Nike is a large company with 190 stores in different countries, which means that they have the capability to increase their supply of...
The book by Roger E. Allen, “Winnie-the-Pooh on Management,” is unique in presenting the material and the practicality of the information. The author lists six functions that a successful manager must master. Particular attention should be paid to the aspect of communication with colleagues and partners in order to ensure...
Introduction Many people, who are interested in entering the sports industry, are inclined to view ticket sales as one of the most popular “foot in the door” positions. This initial perception about ticket sales is widely spread because this entry-level position gives an individual the opportunity to easily start working...
Introduction Entrepreneurship is a well-known concept in the modern business world. The question of whether it applies to already existing and developed companies is controversial, as it is usually associated with small start-ups, while corporations are viewed as rigid and bureaucratic. As a result, it is critical to investigate if...
Emotional intelligence (EI) is a set of skills by which a person can recognize and deal with their own emotions as well as other peoples’. In many ways, a person’s social skills and the ability to build communication with others depend on emotional intelligence. A high degree of emotional intelligence...
Introduction Organizational change is a complicated process that affects all levels of management, including social relationships among employees and their perspectives on the company’s development. After all, organizations consist of people, and it is impossible to completely neglect the social aspect of organizational growth. Hence, it is critical to remember...
Introduction It is essential to emphasize that organizational culture is a set of attitudes, norms of behavior, and value orientations that are shared by all employees of the organization. The organizational culture displays the image of the organization, its social and psychological climate, customs, values, rituals, traditions, distinctive signs, corporate...
Case management makes it possible to solve specific situations and achieve specific business goals. On the other hand, business process management (BPM) focuses on managing work processes that are repetitive and independent of circumstances (Kir & Erdogan, 2020). Accordingly, the main difference between case management and BPM lies precisely in...
Introduction The history of Coca-Cola, a company with a big name, began with the invention of headache syrup based on: sugar, water, caffeine, extracts from coca leaves, and cola nuts. In 1886, in Atlanta, a medicinal decoction was brewed at home, which was supposed to bring cheerfulness and neutralize Migraines....
Introduction Any social culture built on interactions between people, including the corporate environment, seeks to be able to motivate subordinate individuals to conform to expected behavior. A department head wants their employees to show high performance, adhere to ethical standards, and build positive relationships with co-workers. A parent wants a...
The organizational culture of any company is a reflection of the general philosophy of production, reaction to external factors and the attitude of employees to their work. In business and management, this phenomenon has a bilateral nature, assuming that by accepting the philosophy of the company, over time, the person...
Introduction Netflix is a service that specializes in providing entertainment via streaming media. Payable subscribers can access the platform’s extensive library of movies, TV episodes, documentaries, and more (smartphone, smart TV, laptop, etc.) whenever, anywhere, and on any internet-connected device. However, as was previously stated, Netflix did not initially employ...
Introduction To have an effective workplace, motivation is a vital component of component. Employers must learn how to encourage their employees to increase production and efficiency. This essay defines motivation and the theories that explain own motivation, the distinction between extrinsic and intrinsic motivation, the relationship between value systems and...
An organization’s assets must be protected to preserve the integrity of its operations. The basis for a thorough and systematic risk assessment is provided by risk management principles (Fraser et al., 2021). Corporate security professionals may predict, detect, and evaluate possible risks and create methods to mitigate them by knowing...
Introduction Mark Cuban Cost Plus Drug Company (MCCPDC) operates under the name Cost Plus Drugs and aims to reduce the price of a specific group of drugs. The company’s main strategy is to reduce the price of generics or off-patented medications by eliminating costly intermediaries and a fundamentally different pricing...
The methods and techniques that businesses employ to safeguard information are referred to as information security. This involves setting up security measures to prohibit unauthorized users from accessing sensitive data. Network and infrastructure security, testing, and auditing are just a few of the many topics covered by the expanding and...
The selected organization is a producer and distributor of healthy food in Zimbabwe and some neighboring countries. It is a small business and is growing quite successfully. According to its founder, the current level of investment attraction is conducive to its expansion and prosperity (Chideme, 2022). Upon the completion of...
Introduction Throughout its history, Microsoft has been able to create and maintain a competitive advantage by developing innovative products, expanding into new markets, and making strategic acquisitions. This paper examines the impact of globalization and technology on Microsoft applying the industrial organization and resource-based models on the company’s operations. It...
Business and International Strategies Business strategy is essential for companies to remain competitive in a global and digital economy. Airbnb’s international strategy has allowed it to expand outside of the United States and into over 100 countries and 630 cities (Fleischer, Ert and Bar-Nahum, 2022). This strategy has assisted them...
Introduction This report was commissioned by the CEO of Pan National Real Estate Company. The report aims at developing a quantitative model that can be used to predict the prices of houses based on their area in square feet. This model will be then used to determine a benchmark price...
Management includes developing a corporate atmosphere for personnel and employers to work collaboratively to accomplish the company’s goals. Therefore, business management encompasses the coordination and administration of company activities (Khanka and Gupta, 2022). Managers monitor procedures and assist employees in achieving optimum performance. In addition to supervising and training new...
Introduction Among other types of rewards, non-monetary bonuses, such as flexible working, extra leaves, additional opportunities for responsibility or creativity, and others, provide several advantages. These are the more cost-effective options because acknowledgment is the main focus that delivers value from employees’ perspectives. Non-monetary incentives have an immediate effect and...
Chapter 5 concerns the situational approach to leadership, which consists of both a directive and a supporting component. Directive leaders assist team members in reaching their objectives by providing instruction, defining responsibilities, creating timetables, and establishing criteria for success (Northouse, 2015). The opposite is true of supportive actions, which make...
The main aspects of Caterpillar’s strategy are to provide services and manufacture products of the highest quality. The company relies on efficiently using all available resources to achieve its goals and mission. Caterpillar has several goals that must be met within a specific time frame (Caterpillar Inc., 2022). Depending on...
Introduction The primary purpose of the analysis provided in this paper is to determine if the average price per square foot in the Pacific region is below the value of $280. In order to test for the average price, a random sample of 750 entries from a dataset that included...
Introduction Multinationals can gain a competitive advantage by aggressively hiring talented members of excluded social groups in each market. This practice is known as diversity recruiting which allows companies to access a broader range of skills and perspectives available in that market. According to Siegel et al. (2014), multinationals can...
The argument to be addressed in the persuasive essay will be that workplace stress has a long-term adverse effect on employee well-being within and outside their work environment, and organizational efforts should mitigate it. Since the proposed argument focuses on applying psychological concepts in the field of business, it has...
Leaders and managers must delegate tasks and use different approaches to encourage staff. Richard Branson is a great example of a person who combines all qualities to provide a better working environment and achieve commercial success. Branson does not create ideas; he encourages his staff to create them. Richard Branson...
Introduction For inexpensive clothes, like food, demand remains stable regardless of the economic situation in the country. Sales are falling, but not critically; the owner will receive a small income even in times of crisis. What can not be said about brand clothing stores, which are massively closed in difficult...
Dwi Widyani, A. A., Landra, N., Sudja, N., Ximenes, M., & Sarmawa, I. W. G. (2020). The role of ethical behavior and entrepreneurial leadership to improve organizational performance. Cogent Business & Management, 7(1), 1-11. Web. The given article investigates how ethical conduct and entrepreneurial leadership might enhance firm productivity. The...
Introduction The McDonald’s Corporation operates and franchises restaurants that serve locally relevant food and beverages. The organization operates in approximately 119 countries and has a total of 39, 198 restaurants across the world (United States Securities and Exchange Commission, 2021). The organization offers a standardized menu in most of its...
Introduction PepsiCo is a multinational organization based in North America that deals with food, snack, and beverage. It is the second-largest food and beverage company in the world behind Nestlé. PepsiCo was established in 1965 through the merger of Pepsi-Cola and Frito-Lay (Kelloway & Miller, 2019). Its products are beverage...
The management process consists of the joint activity of subjects and aims to achieve common goals. Behavior and process management are interrelated and adjusted to implement the organization’s functions. The organization’s success directly depends on employees’ degree of commitment to the common cause and the accuracy of all processes. Providing...
Introduction Power Compat is a business organization that offers installation, maintenance, and repair services for solar panels. The company’s task at this stage is to enter the market and open a branch in Senegal. Power Compat’s mission and vision are to provide superior customer service and set the standard for...