Introduction Maersk is a company that offers shipping and cargo services, supply chain, freight forwarding, and tracking solutions. As a global integrator, they combine their supply chain infrastructure with the power of their people and technology to drive end-to-end innovation that accelerates their customer success. History The company was established...
Introduction Wells Fargo & Company is a San Francisco-based community financial services company in California. In 2016, the company was ranked 27th on the Forbes Fortune 500 list of the largest companies in the U.S (Badenhausen, 2016). Wells Fargo workers were discovered to even have opened approximately two million counterfeit...
Summary “Valaskova, K., Kliestik, T., Svabova, L., & Adamko, P. (2018). Financial risk measurement and prediction modeling for sustainable development of business entities using regression analysis.” Web. Problem Summary The company sees the problem of organizational health and sustainability as one worth discussing. In particular, the longevity and risks of bankruptcy...
Introduction The real estate industry or “real property” is the key element of the economy, as this vital sector is a critical driver of any country’s growth. Residential real estate implies land, building, and air rights above the land and underground rights below it (Amadeo, 2021). The main difference between...
All companies have their own strategy on how to achieve success, which, nevertheless, can be generally described as ‘inside-out’ and ‘outside-in’ approaches. The ‘inside-out’ framework implies finding the inner capacity and capabilities of an organization in order to attain the desired results. It is a resource-based view that highlights the...
Launching the new activewear and sportswear ranges for a fashion-conscious, urban crowd requires a proper plan for branding. Regarding brand creation and communications, marketers should consider that the brand identity should be developed, involving broadcasting that identity to the target audience. Referring to Keller’s Brand Equity Model, “brand equity is...
IKEA is an international corporation that primarily operates in the retail furniture sector. At present, it is one of the most notable companies in the world, ranking #40 among the most valuable brands on the Forbes list and employing more than 200,000 workers (Forbes, 2021). At the same time, the...
Amazon is one of the most notable online stores, constantly innovating and changing standards for retailers. The organization is loyal to its customers and continuously improves for the sake of their comfort. Non-standard ideas, determination to take risks and investment finance in development contribute to rapid growth. The company’s supply...
This paper aims to examine whether the management of a broad product portfolio has become complex in today’s “fast-moving markets” and caused new products’ failure. In the present day, the company’s innovation performance is strongly affected by a chosen strategy of resource allocation. As a matter of fact, in today’s...
To remain relevant, a company must have a strong strategy. Although SONY’s approach is diverse and innovative, it could benefit from a better communication strategy. The present-day corporate strategy used by SONY is worth supporting for its emphasis on innovation and flexibility (Arshad and Yazdanifard, 2017). According to the company’s...
Introduction Hyundai Motors, headquartered in South Korea, is an automotive company that was founded in 1967. The key products include cars, commercial vehicles, and engines. At present, the company has about 4.8 million production units and an operating income of $18 trillion as of 2019 (Chopra, 2018). Currently, the company...
Product Selection Gourmet truffles with fruit, herb, and flower extract infusions obtain popularity among different age groups. Technavio (n.d.) said the truffle chocolate market could expand to 1.45 billion USD in 2020-2024. Gourmet truffles have a broad market in Asia, Oceania, and South America, growing fast. The product is top-rated...
Misconduct or fraud is a widespread issue in many spheres, including the pharmaceutical industry. One reason for that is the heavily regulated nature of the industry, meaning that key actors possess significant power. Apart from that, the pharmaceutical industry combines business and scientific interests, creating a considerable potential for misconduct...
Netflix is a worldwide streaming service that offers a variety of movies, series, anime, and other types of visual content. This company’s mission statement is “We promise our customers stellar service, our suppliers a valuable partner, our investors the prospects of sustained profitable growth, and our employees the allure of...
Being aware of the key limitations and incorporating them into the further strategy of communication with a particular group is vital for a successful multicultural conversation. However, the quotation under analysis correctly states that the faultline theory has a significant limitation. Namely, the assumption that faultlines will necessarily pose a...
In general, bargaining power refers to factors that influence the outcome of the agreement between two parties. The concept is frequently discussed in negotiations between employers and the unions and defines the concessions from both sides. Bargaining power is influenced by a large number of determinants, such as external and...
Saudi Basic Industries Corporation (SABIC) is a significant company operating across several areas of business. According to the SABIC (2021), it comprises four major business branches, which are Petrochemicals, Specialties, Agri-Nutrients, and Metals. These areas of expertise allow SABIC to develop new solutions that can be applied in medicine, construction,...
PepsiCo Overview PepsiCo was founded in 1965 as a result of a combination of Frito-Lay and Pepsi-Cola. At that time, Pepsi-Cola has already overcome its’ difficulties and filed for bankruptcy twice and was saved by Charles Guth, the president of the Loft Candy Company. Around the 1940s, the Pepsi-Cola company’s...
The process of organizing and successfully running a business in a culturally diverse setting – especially carrying out serious projects – is not only laborious and painstaking but also quite complex in terms of cross-cultural management. Roberson (2019) states that “both researchers and practitioners have strived (and struggled) to understand...
Small and medium enterprises (SMEs) have a significant role in the economies of both developing and developed countries. According to Nieuwenhuizen (2019), SMEs make a large contribution to countries’ GDP, ranging from 16% in low-income nations to 51% in high-income ones. Although it is difficult to determine the exact contribution...
Introduction When a company decides on launching a new product to the market, it is either the beginning of a great success story or a total disaster. The reason for planning and having realistic strategies when launching a product is to avoid unexpected disasters. Therefore, a company should put all...
In my opinion, my negotiation partner has more power, which is facilitated by several factors. First of all, doodads are standard products, therefore, the margin on them is lower, and they are very price sensitive. They should be priced differently than premium or custom-made products, which are less price sensitive...
One of the most critical steps a person has to take in this life is to be ready to make a decision. In project management and business, decision-making is based on the necessity to select between several alternative courses of action and stay either rational or nonrational (Kinicki and Soignet...
Marketers try their best to be creative when creating an advertising message that will capture the attention of their audience. An advertising message is significant in influencing the sales of a product hence should be evaluated thoroughly to ensure the best results. However, when creating an advert, marketers should fully...
The present discussion pertains to the distribution channels and pricing of innovative Converse Chuck Taylors. As the product exists as a part of Chuck Taylor’s line, the distribution for the brand has already been established. Therefore, the required set of actions is to identify them and fully take advantage of...
Case managers are also known as human and social service assistants, counsel individuals in challenging situations. They help create recovery and treatment plans, recognize service providers, evaluate client outcomes, and cooperate with other human and health services providers., therefore, they need to have a caring heart, be critical thinkers, and...
Introduction In this interview, Mr. Mark Romney was the interviewee; Mark has a Bachelor’s degree in Project management. Currently, he is the project manager at Educate Future Environmental Stewards, a non-governmental organization based in Florida. Prior to this job, he had worked in the same capacity for several other organizations....
Zulily was founded with an interest in tapping the opportunity of the existing market gap in providing mothers and children merchandise. The target market was the mom demographic, and they offered to provide unique and non-branded products at a competitive price to bring value to moms. The company’s financial model...
Usually, when we talk about projects and project management, we represent a large team, where each employee has clearly defined responsibilities and stances in the system. In 2021, in the era of the Internet and various assistive technologies, solopreneurship was gaining more and more popularity. Independent charge of the workflow...
Introduction Despite the progress made toward transgender employees in the workplace, millions of people still go to work with the fear of being discriminated or losing their jobs because of their sexual identity and who they are. At the moment, according to a report titled LGBT People’s Experiences of Workplace...
Introduction Managing workplace relations is a complex task that requires specific skills, knowledge, and awareness of the current situation regarding the quality of communication among employees. As the name implies, labor relations are legal interactions between staff and employers to attain organizational goals and obtain a mutual benefit (Teicher, Holland,...
Price discrimination is commonly defined as a practice of one and the same product or service having different prices when sold to different groups of people. Despite the sometimes negative connotation that it can have, price discrimination can be beneficial both for companies and consumers. Using it, companies can increase...
Ethics and accountability are particularly essential for nonprofit organizations because they lie at the very core of what these organizations aspire to do. To provide context, a business enterprise is, first and foremost, about turning a profit, which means that ethical considerations are important but do not constitute its main...
Introduction Converse Chuck Taylor All-Star shoe is a multi-purpose product that is suitable for different customers. Therefore, the needs it addresses may differ depending on the final consumer. However, the general idea is to satisfy the need for high-quality and stylish footwear for different populations for a reasonable price (Anne,...
Introduction Organizations have reciprocity mechanisms that govern the relationship that exists between job satisfaction and having a committed workforce. Job satisfaction has two salient features, namely, extrinsic satisfaction and intrinsic satisfaction. Intrinsic satisfaction is when an employee acquires pleasure from internal job factors (Soomro & Shah, 2019). The internal factors...
In the recent past, different brands have tried to influence people using different marketing tools, especially through brand persuasion. Leveraging this marketing tool helps to tap into the emotional being of the consumers, hence building a culture around the product or service (Dretzin, Goodman, & Rushkoff, 2004). This is true...
Apple Communicating Persuasive Messages Most companies use the strategy of persuasive messages utilizing tools to influence the audience in order to change their beliefs. In addition, the purpose of compelling messages, such as marketing or advertising messages, can be applicable to change the actions of buyers. Therefore, persuasive messages have...
Tecsys Incorporated is a B2C Canadian company that develops and sells supply chain management software in local and international markets. Valued at over $764 million, the company provides solutions in retail-order management, business analytics, warehouse, and financial management, among others. The company has realized that its sales have stagnated in...
The law of leadership in marketing claims that being first is easier and more advantageous than being better than an already existing competitor. In other words, by being first in a new product category, one can only focus on staying in the same position instead of convincing consumers that a...
The article “Why unions are good for workers—especially in a crisis like COVID-19” highlights the importance of labor unions during economic hardships. Although many people have lost their jobs during the ongoing pandemic, the article notes that non-union workers were disproportionately affected. The service industry experienced the most structural changes,...
Introduction Positioning is a marketing approach that involves building a brand or product identity in the eyes of target buyers. Coca-Cola decided years ago to introduce a new product: the first cola drink. Such innovation has contributed to the successful position of the organization as the pioneer in the market....
The manager of the international department of the McAllen Bank learns on the way to work that the ship on which a local exporter shipped some goods has sunk. The manager has received all the documents required in the letter of credit and is ready to pay the exporter for...
To keep pace with the increasing competition in the global environment, Ikea needs to keep expanding its activities to maintain its market presence in Russia. It has not been able to ease itself into the Russian market by acquiring existing businesses or by establishing a joint venture with a profitable...
Introduction Alitalia is regarded as an Italian national airline with its headquarters based in Rome with its main base situated at the Malpensa International Airport in Milan. This airline is reported to be serving more than one hundred airports with almost three thousand flights every week. (Alitalia, 2006) This airline...
The Charleston Copier rehabilitation facility is affected by various operational and managerial problems. Most of the problems are resulted from lack of regular supply of the copiers from distributors. From the investigation we understood that the arrival of the copiers from distributors through out the country to the facility centre...
Customer service refers to the activities that aim at meeting the needs of the customers. The overall objective of any customer service strategy is to bring about customers satisfaction. Customer satisfaction is a very important barometer for measuring the extent to which the needs of customers are met by a...
Introduction Srategic planning process is very crucial in driving organizational productivity and performance. However, the effectiveness of a strategic planning process is dependent upon several factors that are deemed crucial. They are inclusive of the involved stakeholders since they are the main players in organizational operations. This is in addition...
The Sarbanes–Oxley Act, also known as SOX, is, perhaps, one of the most famous statewide standards for public organizations in general and public accounting companies in particular. Presupposing that the accounting process should be supervised more closely, the law presupposes that closer supervision of the accounting processes within a company...
Transaction risk is the threat of loss because of insufficient personnel in the business or deficient systems while financial risk, is a nutshell of abundant variety of hazard linked to financing. Some of the financial risks affecting Gumpbell manufacturers are: The price Selling price is the determinant factor for business...
Business Risk Factors Response Possible Effect(s) on the Audit What are the entity’s major sources of revenue and what is the nature of its products and/or services? The major sources of revenue are sales of computers, software, mobile communication and media devices. The company nature of the product is the...
The Brand’s Equity of CareSuper: The CBBE Model The superannuation industry actively develops in Australia, and the question of the established funds’ brand equity can be discussed as urgent. The Australian superannuation industry consists of “352 institutional funds and … the institutional sector, consisting of the not-for-profit funds … and...
More often, people come up with innovative ideas which are then translated into projects which if implemented by companies can lead to the growth of the company but fails to garner enough support from both formal and informal leaders for them to get implemented. The issue of forwarding an idea...
The break-even analysis gives the number of units of output that must be produced and sold that will ensure that the total cost incurred equals the total revenue earned. Therefore, it will give the minimum number of units of goods that need to be produced and sold to enable the...
Subject Haig Simmons v. Baltimore and Arundel Tax Collection Offices U.S. xxx (2014) Facts about the taxpayer Haig Simmons owns and manages an anthracite coal home and delivery service in Baltimore and Anne Arundel counties. She has realized that the demand for coal is lower during summer and higher and...
Activity-based costing is a method that assigns costs to products or services depending on the amount of wherewithal that they consume. Managers can use this costing method for internal reporting on costs and decision-making (Freedman 2012). Even though the ABC system is only suitable for internal financial reporting, organisations can...
Introduction In finances, ethics is traditionally defined as a subset of general ethics that considers ethical dilemmas in the subfield of finance (Garcia-Ruiz & Edwards, 2011, p. 177). It should be noted, though, that financial ethics is split into two categories, i.e., “normative” and “positive,” the former embracing the principles...
Current ratio Current ratio measures the company ability to meet its short term maturing obligation to its creditors or suppliers; it is a measure of a company’s solvency (Microstrategy.com, 2011). A current ratio of more than one represent a margin of safety for the creditors or suppliers, where the higher...
Drop Trailer Masters (DTM) is a 10 year old haulage firm that specializes in the transportation of cargo to and from seaports and airports around the country. DTM has offices in all major industrial cities and next to all the key ports in the country with fully automated services. The...
Introduction Enterprise Resource Planning refers to an approach or process implemented with a prime objective of merging all the departments and business functions within an organization into a single in integrated computer system that meets the information units of every business unit within the organization (Alexis, 2007). The outcome of...
Collaborative competencies refer to the knowledge, skills, and attitudes needed when working in a team. Healthcare teams are usually composed of various health professionals. For example, an inter-professional team may be made of physicians, nurses, pharmacists, physiotherapists, dentists, and nutritionists. In the current scenario, the only members of the healthcare...
The economic downturn caused Walmart’s private label sales to increase. Many consumers who had never tried private label products were forced to do so because of financial strains. What was surprising to them was that private labels were just as good as branded products, if not better. Walmart, therefore, generated...