Lowe’s Companies, Inc. (Lowe’s) is a Fortune® 50 home improvement organization that serves over 18 million customers each week; it is one of the world’s largest home improvement retailers and the second largest home improvement retailer in the United States (Lowe’s, 2021). Fiscal year 2019 sales totaled $72.1 billion, with...
Introduction One of the most critical tasks for every organization is to timely reveal the so-called emerging leaders or, in other words, the people whose successes at work are more significant than those of their colleagues. In order to do this, managers can use specific characteristics that reflect the fast...
Indeed, hopefully, the pandemics will not last internally, and within a year or two, customers will be back to offline marketplaces. When choosing electronics, people benefit from real-life shopping as it allows to analyze store shelves more thoroughly and get valuable recommendations. As a company, Samsung definitely would want to...
Coca-Cola is considered one of the most popular brands in the soft-drink industry. It is an American company that manages to spread its product across more than 200 countries. Due to the years dedicated to the industry and the successful marketing strategy, Coca-Cola has been holding the position of the...
Introduction Organizations operating in the 21st century are experiencing more dynamic challenges because of advanced technology and intense competition. Just like individuals are reminded that each life rain must fall, a crisis must occur in each business. Organizational crisis ranges from loss of data due to computer hinges, loss of...
Introduction Despite the field of business, the number of customers, or the staff’s quality, communication always remains a significant part of any organizational process. The main idea of communication is to send and receive messages among individuals within a specific environment and for certain purposes. There has to be a...
The feedback report illustrates the key elements that contribute to a professional manager in one way or another. In order to improve in the field of management, each candidate must describe and analyze their results in the various areas, such as the developmental index and self-awareness score. The Capism online...
Microsoft Corporation is one of the world’s largest suppliers of information technology. The company dominates the PC software market, occupying more than 80% of the operating system market. This paper is devoted to the quantitative analysis of Microsoft, namely the company’s financial performance in the period from 2019 to 2021....
Introduction A member of the Relais & Châteaux since 2018, Epoque Hotel (Hotel Epoque) is a hotel located in the Intrarea Aurora region in Bucharest, the capital and the largest city in Romania. Currently, the international and local travel restrictions placed during the Covid-19 pandemic are increasingly relaxing (Gössling et...
The role of unions is to offer democracy in the workplace while focusing on the safety of the employees. The union secures employees’ jobs by creating payment transparency, and salary discrepancies correcting, developing clear terms of promotions and raise, eliminating discrimination, and promoting equity amongst employees (Kurzman, 2021). In unionized...
Customer Service Essentials Organizational performance and value depend on various factors such as leadership strategy, corporative culture, high-quality customer services, and others. One of the most crucial ones is the quality of the customer services and customer experience with the particular organization. The customer experience determines the value of the...
Introduction The labor relations specialist is the guide in the work environment between the employing company and the employee. A person in this profession has the competence in developing work contracts, finds compromises for the parties, and examines the average payments and benefits in the industry. However, the most important...
The marketing strategies of Zara, H&M, and Gap share a number of similarities that characterize them as fast-fashion retailers. First and foremost, brands’ go-to-market strategy focuses on providing shoppers with access to fashionable, quality clothing at low cost and a global presence in the market (Lee, 2020; Ha, 2021; Sonsev,...
Service leadership is a people-oriented approach that also focuses on a decentralized organizational structure. According to Jit et al. (2017), the main components of this style are empathy, awareness, healing, listening, stewardship, foresight, and compassion. Each of these elements reflects the willingness to interact with the staff and participate actively...
Entrepreneurship can be seen as one of the drivers of the economic development of many countries. Numerous approaches to entrepreneurship have been used in theory and practice. The personality approach to entrepreneurship was widely utilized in the second part of the twentieth century. Based on this paradigm, a person’s psychological...
In the modern setting, companies struggle to meet customers’ requests. Although the outside-in view is more common, the inside-out one creates a strong competitive advantage. The outside-in framework suggests a customer-oriented approach, whereas an inside-in one implies the focus on analyzing a firm’s internal environment. The main advantage of the...
As the upcoming era of advanced technologies keeps changing society, top-notch companies start taking into account significant benefits from implementing data-driven decision-making tools for performing their operations. Obviously, they will profit from it one day, but the transformation may become a stumbling stone hindering the process. This is why there...
This paper will examine the benefits and downsides that a company can experience when switching industries and assess the feasibility of such a decision. The article by Hirsh and Rangan discusses how CEOs might be tempted to switch industries due to perceived benefits. I have learned that this strategy is...
The topic of personality characteristics that help predict who has more chances to become an entrepreneur is circulated by various opinions. In my personal view, some personal traits could help an entrepreneur to gain success in his activities. However, I assume that they are not necessary to become an entrepreneur...
Chang (2015, p. 25) defines entrepreneurship as “a management process through which… workers seek to support their creativity and autonomy, advance their capacity for adaptability, and create… economic and social value.” Diandra and Azmy (2020, p. 236) state that it “is generating jobs opportunities and lead to economic development.” They...
Shanghai Tang’s failure mainly arose from an unclear image; such positioning of the brand as interweaving traditional Chinese culture did not accord with homeware items. The mission statement was to make the product suitable and necessary for absolutely everyone (Li, 2017). This leads to the perception that the company did...
The Chinese market is emerging, and people tend to spend more money on luxury brands. Therefore, the world’s luxury car manufacturers, particularly Aston Martin, are entering the Asia Pacific. There is such a challenge of lack of conceptual understanding, so the marketing campaign should focus on raising brand awareness among...
ISO 31000 guidelines, developed and published by the International Organization for Standardization [ISO], provide a highly universal framework for risk management in various enterprises. The framework includes repeating cycles of design, implementation, evaluation, improvement, and integration executed with leadership and commitment (ISO, 2018). This framework is meant to be closely...
Project Cost and Funding Jurong Aromatics became an integral part of the petrochemical industry of Singapore upon its inauguration. In 2014, the project took effect on Jurong Island and marked the creation of one of the largest aromatics plants in the world. The cost of the projected amount to considerable...
Introduction Despite beginning as a small garage business, today, Google is a huge corporation, which is popular around the world. In order to guarantee further business development, Google’s administration is required to adhere to a range of leadership practices. Therefore, the purpose of this paper is to analyze Google’s leadership...
Today, companies are determined to establish a strong organizational culture, as it is considered to be a key factor, leading to success. In general, the organizational culture begins with the leadership, as managers and directors establish it. Tsai (2011) marks: “Administrators usually adjust their leadership behavior to accomplish the mission...
Introduction To begin with, McDonald’s is a well-known global fast-food chain that has become famous for its affordable and good-quality hamburgers. The company was initially advanced from a small restaurant with a limited menu ran by the McDonald brothers. The businessman Ray Kroc was stunned by the service of their...
National and organizational models, when existing within a managerial system of any enterprise, should not exist in isolation from one another. There exists a distinct causal link between the preference towards either national or organizational culture. According to Matijević, Vrdoljak Raguž, and Filipovıć (2015), international companies, while taking into account...
Summary A relational database (RDB) is a method of storing data in logically related tables. Relationships between data objects in an RDB can help collate and cross-reference large amounts of data (Baltzan, 2019). Using an RDB allows a firm to gather, store, and analyze more data than any previously available...
Making a decision is not a one-time act but the result of a process that has a specific duration and structure. This process is one of the main tasks of the top management of any company. Successful business development depends on how effective measures will be taken to resolve problems...
Analysis of the current organizational structure An organizational structure defines the mechanisms in which operations in an organization are put together under one management (Tsoukas, 2018, p. 323). Bridgestone’s structure is divisional, with the head offices located in Japan, where the CEO lives. All the countries where the company has...
Situation Analysis SWOT Analysis Strengths The primary strength of MSH Brands is its position among the five largest pet food companies. Essentially, MSH Brands has accrued recognition in its segment among customers who are satisfied with the quality of the company’s products. Due to its advantageous position, MSH Brands possesses...
McDonalds has existed for around 70 years around the world, dominating the fast food industry. From its cheap and recognizable menu to its fast service, McDonalds has become a staple for many, from busy business workers to students on nights out. The first Japanese McDonalds was established in 1971 in...
Rivalry is a critical competitive advantage adopted by ventures to grow their organizations and enhance sustainability. Today’s businesses are operating in a fiercely competitive environment, having to adopt rivalry to remain relevant. Though competition promotes performance and motivation, its adoption can have detrimental effects on an organization’s long-term sustainability (Carnevale,...
Thesis Process Construction work consists of practical, theoretical, and applied stages to formulate a clean project. In the theoretical stage, internet sources and first-hand information is utilized to gather information. After that, descriptive emails are used to interview targeted project managers, companies, and design professionals. The formulation process leads the...
Adidas Adi Dassler, the founder of Adidas, started as a baker in his mother’s wash kitchen. However, his real desire was to make sports shoes. Dassler founded Gebruder Dassler Schuhfabrik in 1924, which is currently known as Adidas in a small town in Germany (Adidas, n.d.). Dassler reassembled his business...
The public saw the first dramatic manifestation of inclusiveness in 1989 when Vogue magazine first published the black model Naomi Campbell on the cover. This event became a landmark and marked the beginning of an inclusive movement in the fashion and beauty industries. Six shades of foundation and three colors...
Stakeholders and Communication Communication with shareholders builds discourse; by setting opportunities or appealing to other response procedures, stakeholders can better consider their interests and insolences to find air in their communications. This essay outlines the primary takeaway from the readings regarding stakeholders and communication. Through good statements with clients or...
Organizational culture in any given company is seen as a unifying factor of all its principles, actions, policies, history, traditions, values, mission, and vision. If properly executed, organizational culture directs the company’s team towards the best decisions. reduces morale among employees and therefore increases risks. The United States Coast Guard...
Amazon is a multinational corporation that focuses on e-commerce, artificial intelligence, digital streaming, and cloud computing. The company commenced as an online bookstore in 1994, and now it is a huge multi-service platform (Flamand et al. 4). This strategic analysis of Amazon will help identify the company’s strengths and weaknesses...
The product life cycle has four main stages: introduction, growth, maturity, and decline. The introduction is characterized by uncertainty in results, no profit, and high marketing costs. The growth stage is characterized by the rapid development of sales and a decrease in production costs due to an increase in output...
Introduction Performance evaluation is a formal process that measures employees’ work. It is used to determine the amount of value an employee adds to an organization regarding increased business revenue. Moreover, by this procedure, employees would know about their strengthens and weaknesses in their work, having an opportunity to improve...
Intangible costs play a significant part in considering the implementation of new technologies and methods of controlling any organization. The examples of tangible costs do not exact manifest numbers and statistical information, and it usually shows approximate changes which might arise in the future. Any website’s development requires increased investments...
Leadership and management are, at first glance, similar concepts, but they are also diverse. An effective leader creates an inspiring vision for the future and sets the strategic direction. He empowers employees, motivates and energizes them for work. Management is even broader than leadership in its scope of actions. Managers...
Introduction The tourism sector and the travel industry are two of the most significant, important, and valuable areas of services and services. As a rule, the term “tourism” implies a specific individual or group of people’s journey and temporary departure to a certain territory for recreational, educational, professional, business, sports,...
Introduction All industries across the world have followed a relatively similar path in the context of the adoption of new technologies. The global tourism industry has become increasingly digitized as businesses adapt and deploy innovative ways to achieve new competencies and efficiencies. According to Hua et al. (2017), tourism is...
Introduction Before the onset of the COVID-19 pandemic, tourism was one of the fastest-growing industries globally. In many countries, tourism plays a significant role in accelerating economic growth. Different governments across the world have, thus, created conducive atmospheres for tourism to thrive in their respective countries. As a result, many...
Summary Social media marketing has emerged as one of the most effective channels of promoting businesses and their brands in recent years. Ecommerce businesses use social media to market their products just like other firms (Appel et al. 2020, 81). The proposed study will focus on how effective social media...
XYZ Corporation offers high-quality consulting and is committed to high business standards. The company operates in various marketing and business sectors, providing services in information technology, legal consulting, marketing, and management. XYZ works with clients from the government and for-profit sectors. The team members consisting of analysts, consultants, and trainers...
Executive Summary This research paper analyzes the automobile industry using Porter’s five competitive forces. According to the results of the study, certain conclusions have been concluded regarding the overall state of the industry and the level of competition. According to the analysis, the automotive market today is not threatened by...
Incentives in the form of gift certificates are a better option than giving cash rewards to stimulate the interest of employees and to motivate them in performing well in all fields of their activity. Over and above the salary that is payable to employees gift certificates cater excellently in boosting...
Purpose of Report BluJay Aviation Inc. has been a successful business and entering into a new business requires assessment of the impact that the decision can have on the existing business and future possibilities of business expansion. The following report contains important findings related to the potential retail business which...
Introduction James weber, in “Adapting Kohlberg to enhance the assessment of managers’ moral reasoning,” analyses how Moral Judgment Interview and Standard Issue Scoring method can be adopted by managers in modern organizations. To identify the moral reasoning of managers, the author focused on four points concerning the adaptation process. However,...
Introduction Brad’s suggestion to extend the life of the aircraft from an original estimate of 15 years to 20 or 25 years goes against financial policies in accounting systems. Studies on the fields of accounting reveal that the preparation of accounting information is the main duty of accountants. The application...
Thesis The spirit of full employment should be such that workers ought not to earn their living from any source. However, they should be provided with an abundance of job choices alongside decent working conditions and good pay. Reason 1: Establishment of individual sense of security plus self-worth One of...
Theory of Comparative Advantage and the Need for International Business The theory of comparative advantage was developed by David Ricardo in 1817 to explain that international trade is a result of comparative advantage (factor endowments or technological progress) rather than absolute advantage. According to the theory, international trade takes place...
Introduction The experience is about teamwork within the work environment. Teamwork within the workplace could be defined as an agglomeration of individual contributions focused on achieving a common purpose within the organization. The management team understood the fact that success from teamwork was generally dependent on the consensus of belief...
CEO (Utilitarian): The scandal that occurred is related to Haute Couture, Inc. though we claimed to bear social responsibility in our subsidiaries. Public relations are an important section of our company aimed at making people aware of our activities with regard to those activities. In the wake of new allegations...
Good cash management practice is the lifeblood of the business in today’s uncertain economy with ever-rising interest rates. Therefore, the cash collection strategy should often be reviewed to enhance the organization’s main cash collection sources. According to Bragg (2005), a periodic review of the company’s policy on cash should be...
Effective communication is focused on creating openness between the senior and the junior staff. It results in enhanced employee involvement and a rise in productivity. It also makes employees feel like a part of the process rather than as means of something. The latter one can largely limit the performance...
In the corporate environment, benchmarking helps organizations to rate their performances against those of their competitors. Consequently, benchmarking is a viable tool for propelling an organization to great heights. For instance, benchmarking can aid an organization in establishing its internal goals, pointing out market opportunities, exploiting competitors’ weaknesses, and creating...
John’s decision John can decide to complete the financial statements under the United States Code 446 regarding special rules on accounting methods (Burnham, 2002). However, the application of this code and set of accounting methods require permission from the Internal Revenue Service (IRS). Alternatively, John may request Sue to provide...
Information systems play a critical role in harnessing modern accounting practices. Information systems refer to all formal processes that are involved in the collection, processing, and distribution of data. In accounting, information systems are used to “collect, store, and process financial and accounting data and produce informational reports that managers...
Introduction: Gift card breakage Breakage is an accounting term that is used to show that gift cards sold out but have not been redeemed. Consumers are fond of gift cards because they are more “handy” when one is in a dilemma of what to give to a special individual. They...
This analysis is the study of the performances of Micro Chip Computer Corporation. In the process of studying the sales growth, I prepared year-to-year percentage annual growth and forecasted income statements for 2009. Based on the analysis that was performed, inferences have been made. The year-to-year percentage annual growth in...