Overview of Product Grape Valley is a wine trading company engaged in importing and distributing premium and exclusive wines in North America. The beverage range consists of more than a thousand products. Currently, the company’s collection includes more than 1,500 items of wine and spirits. The main distribution channels are...
The modern profession map creates the international benchmark for professional development. The map is essential in making better decision-making, high performance, motivating change in a company, building confidence in actions, and helping career progression. The map focuses on the impact that a professional has on an organization and not the...
Make decision Make decision is a legitimate thought at any cost decrease or product development plan. Thus, the benefits and effects of conceivable choices should be assessed and the decision that distinguishes the base cost accepted as the official choice. Such activity requires quality production materials, equipment, realistic capacity, satisfactory...
For any organization or business to work following the owner’s wishes, it is necessary to have a specific marketing model. Most of these models focus only on making a profit; however, this is not the only way to build a business. The so-called corporate social responsibility (CSR) is a self-regulatory...
Companies can manipulate their financial statements to make their financial performance appear different from what it actually is. The reasons for businesses’ involvement in such fraud are varied and may include the attempt to hide the firm’s true performance, preserve status, maintain personal income, or meet business goals to obtain...
In the economy, financial markets play a significant role in providing a place where sellers and buyer of financial instruments can easily trade their securities. Since the break out of COVID-19, the overall operation of the most institution has been affected. This report will analyze extensively the risks associated with...
Introduction Evidence-based practice in human resource management is a scientific approach in an organization that evaluates decisions by processing the data. It involves data analysis, expert opinions, and real experience from past events information to ensure that the decision made will meet the expected outcomes. It helps the human resource...
In business terms, development and training is the framework that assists workers in increasing their skills, competency, and knowledge to improve job performance. The basic purpose of human resource growth is to create competent, multi-skilled workers so that both business and employees may achieve their communal objectives. Human resource management...
Definition and its Components The income statement is a financial statement prepared for showing the revenues and expenditures of the company at a given period. The difference between revenues and expenditures is profit or loss, which is its main objective. It is also referred to as the statement of financial...
The income statement, balance sheet, and statement of cash flows are essential documents that report the financial information about the company. The three statements are usually used together to illustrate the various financial elements. For instance, the income statement generally concerns the overall profits over a certain period (Zarzycki, 2019)....
Culture is interpersonal knowledge among employees of a business institution, and as a result, personnel learns about the most significant parts of tradition through their colleagues. This transmission of information might be by verbal conversation, subjective opinion, or other, less evident techniques. Enterprise culture influences and promotes specific work attitudes...
DP World is a multinational firm that specializes in logistics and it is based in Dubai, United Arab Emirates (UAE). The company has ventured into cargo logistics, port terminal management, maritime operations, and free trade zones as depicted in Figure 1 below. In supply chain affairs, the firm is certified...
Haraqisha grocery store is an example of a real business that has responded quite well to external factors for the past few years. Before the outbreak of the corona pandemic, the company was physically serving its customers face to face where they could visit the store to buy groceries. Service...
Abstract Organizations require human resources to survive and one of the main responsibilities of a manager or organizational head is to ensure that all employees in an entity exhibit a high spirit and motivation. This ensures that the mission and vision of the employer organization are met. Moreover, the quality...
Introduction In the modern business world the market has become more competitive than ever. This is as a result of entry of many players in the business industry. As a result, every organization is determined in implementing strategies that can help increase their customer base. One of these strategies is...
Introduction Over the years, airlines have been working to create their cargo strategies, seeking additional revenue sources. The industry and its logistic processes are a part of active transport economics, where developments and business models unfold continuously and at a very high pace. An extensive range of economic and industrial...
Executive Summary This paper discusses risk management in a web creation project. Risk management helps minimize the threats which can cause project failure and enables the project team to operate within the stipulated schedule, quality, and budget constraints. According to the PMBoK guide, risk management involves risk assessment and mitigation....
Marketing Plan Rationale Company Overview A creative marketing plan is a planned roadmap that organizations use to reach a target market. Accor Group is a chain of hotels founded in 1967 by Paul Dubrule and Gerard Pelisson. It originated fin France and has over five thousand franchises in 110 countries...
Introduction The business environment is widespread nowadays, meaning that many organizations go international and operate in many countries. These organizations may do their businesses worldwide or cooperate with their foreign business partners. Managing a multinational corporation requires applying intercultural communications practices because different cultures have different views and ways of...
Introduction International marketing is a wide subject that all the corporations willing to conduct their business on a global scale must look into. In this context, the conventions of trademark and their importance to the international marketer are analyzed. Several trademark conventions are available, however, the highlighted brands include the...
Achieving global business success depends on various factors that facilitate a company to fulfill these aspects. Many businesses enter the international market, but a few would succeed in these markets due to multiple reasons. For a company to succeed in the global perspective, it needs to align its strategies with...
Introduction Every leader of a successful organization has at least once wondered why some businesses achieve their goals, and others do not. Much of the success of a business depends on whether employees can meet the challenges they face at work. Furthermore, this, in turn, depends on the forms of...
Introduction There is now use denying the fact that development of digital technologies influences all spheres of human activity. Business is not exception. Being very important for society, it develops along with it and influences evolution of other issues. That is why, within the framework of digital revolution, business suggests...
Supply Chain Organizations and Functions Supply chains are specific networks, including employees, organizations, resources, production, and carriage, designed to manufacture and market a product. Therefore, supply chains are closely linked to the primary goals and activities of any corporation and require careful consideration. It may be necessary to constantly develop...
The recruitment process is one of the most significant processes within an organization aspiring to achieve its goals and objectives. Putting at bay traditional ways of recruiting new employees and embracing technology will be a giant step in the company. It is an indisputable fact that technology will escalate the...
The Walt Disney Company is a global leading entertainment corporation founded by innovative enthusiasts Walt and Roy Disney. They developed a recognizable brand displaying strong operational performance and growth rates with widely diversified geography and business segments. The organization has been successful throughout its history, becoming a legend in the...
Introduction In business, cooperation and timely creative decision-making constitute the core of the effective solution to a critical problem. The application of a competently selected group decision-making technique allows for eliminating such risk factors as intragroup conflict, inefficiency, tardiness, or bias since multiple individuals contribute to the group’s decision. Different...
The forms of business organization, otherwise known as business entities, are critical for the functioning of the company in the modern economy. The type of business organization impacts elements such as taxation, legal liability, and investment possibilities. Oftentimes, the business entity also reflects the scope, size, and nature of the...
Introduction The company for which I will develop a marketing plan is a Help Desk Service that repairs office computers. Purpose of the Marketing Plan The main reason why I am creating this marketing plan is to outline the strategies and tactics of my company. A plan helps to direct...
Abstract Firms that operate in the oil and gas industry experience a number of risks in the supply chain of oil and gas and petrochemical as by-products. These risks are inherently inculcated into the supply chain of oil and gas and related products ranging from the exploration, production, and marketing...
Introduction Entrepreneurship can be defined as the process of creation of an enterprise that is comprised of such components as the actor’s skills and capabilities, as well as the obstacles and difficulties he or she needs to overcome; in turn, the result of this entrepreneurial activity is an enterprise, or...
Cautages — Cat Sausages The cat food market is a slowly changing market with the most popular product options limited to wet and dry food. The suggested new product is named Cautages and is promoted as sausages for cats that look like regular sausages but are made from high-quality organic...
Introduction This Executive Memo is an outline for integration into online retail in the field of small and medium-sized businesses. More specifically, it is a brief scenario of the business approach using price discrimination, as well as its possible incomes that will be presented to the company’s President and later...
Introduction For production purposes, an organization requires both human and physical capital. Managers are given the responsibility of ensuring that employees and physical resources are efficiently utilized in the production. The success of an organization is based on these principles. InterClean, Inc. and EnviroTech would like to merge with the...
Introduction Companies may opt to merge for various reasons. Among other reasons include the need to reverse poor performance, to gain competitive advantage over others, and to gain enormous market share among other reasons. A proposal was put forward to merge the businesses of Utah Symphony and Utah Opera. The...
Introduction Listed companies should present a true picture of their financial performance to investors. However, some arguments suggest the financial statements developed by these companies oversimplify their financial performance and are not objective. These concerns have been exacerbated by the ongoing COVID-19 pandemic, which has ravaged industries due to restrictions...
Introduction One machine can replace the work of thousand ordinary men, but not a single extraordinary man. Human resource management (HRM) entails acquiring the right talent for the right task and developing their skills for their personal and organizational mutual benefits. In the 21st century, businesses have adopted HRM as...
Major Facts The Morrison Company has two separate product lines, Retail and Pharmaceutical. It produces four different types of RFID finished tags (smart labels). The competition in the market is intense and growing. The Morrison Company has only one manufacturing unit. Pharmaceutical line produces two types of smart tags and...
Summary Organizational structure refers to the formal task system and reporting relations that control, coordinate, and motivate employees toward achieving particular goals. It focuses on the task and role correlation to realize competitive advantage through quality, efficiency, and customer satisfaction optimization. Strategy implementation refers to translating chosen strategies into organizational...
Introduction It is common knowledge that the leadership style and behavior of the leader should have a specific and vast influence on the performance of the organization, its employees, and project execution. The article Matching the project manager’s leadership style to project type by Muller & Turner (2007) presented an...
Capabilities Analysis The Golden Arrow Bus Service’s line of business is providing transport to people within their larger Cape Town Metropolitan Area. Consequently, its key capabilities are identified as the factors perform the value-added activities to develop the company’s service offerings and support the growth of its market1. Theoretically, a...
Business ethics is a form of moral that analyzes various problems inherent in the business environment. In particular, much attention is paid to the struggle between competitors, the social responsibility of the business community, and effective methods of managing companies and organizations. The central values of business ethics are honesty,...
As modern economics grow bigger worldwide, new social aspects of business become more and more significant. The issue of corporate social responsibility was first encountered by transnational corporations, which were hugely influenced by the effects of globalization and had to adhere to international standards. As competition between companies increases and...
Employee Turnover It should be noted that the strategy employed by Motors and More Inc. is aimed at capturing more customers and enhancing company profits. To do this, the enterprise will have to hire more employees and expand its staff in such areas as HR, marketing and sales, and customer...
Introduction Influential communication is one of the key skills effective leaders should have. In order to lead, they have to effectively communicate their message and encourage people to follow (Harrison & Mühlberg, 2014). Ruben and Gigliotti (2016) stress that communication is more than an instrument of leadership but a “process...
Brandwatch is a social media monitoring company based in England that provides a vast array of tools and services for social media analysis. The main goal of the company is to provide businesses with a more comprehensive understanding of how their brands are promoted online, which is needed to “help...
Introduction The Sweet Bits Company (SBC) has been operating in the environment of the New York market for several years from now. With a focus on quality and the willingness to cater to the needs of the target audience to the greatest extent possible, the entrepreneurship has rather big chances...
The area of job analysis techniques in human resource management focuses on the systematic assessment of various aspects of a job that an employee is expected to accomplish. Studying the area of job analysis is important since it reveals the skills, knowledge, experience, and qualifications that employers require when allocating...
Introduction The human resource department is the center of all the functions in a company. Without the involvement of which, a business cannot conduct its financial and operational processes effectively. Human resource management (HRM) in contemporary society is a procedure that uses the skills, capabilities, and knowledge of workers to...
Organizational behavior is a scientific discipline about the causes and factors of people’s behavior in an organization; a field of scientific research that uses the theory, methods and principles of various disciplines to study individual perceptions, values, and behaviors when working in groups and in an entire organization. The study...
Target Market Strategy Getting a new product into the market can be a challenging task; and one has to have excellent product knowledge, creativity, imagination, determination and patience. Besides, the marketer must have the market information and this depends on the product type. He must also have psychographic information such...
Company owners and managers have currently discovered that the information gained by reviewing business reports is highly beneficial. Many different facets and everyday business activities are continuously evolving, such as warehouse organizational adjustments, marketing efficiency indicators, revenue patterns and volume, and inventory management improvements, among others. These minor changes in...
Introduction Allied Cooperative Insurance Group (ACIG) is a joint-stock insurance public company, registered with Saudi Stock Exchange “Tadawul” as of the year 2007. It primarily offers financial services, it is situated in Riyadh, Saudi Arabia, and it is part of the Brokerages business and Insurance activities which links the potential...
National economies tend to have different management systems and tactics, but there is a commonality of critical metrics that are important to absolutely every government. One such metric is the gross domestic product (GDP), often referred to as a measure of a country’s economic health (Fernando, 2021). In terms of...
The Balanced Scorecard An integrated perspective is a today regarded as the standard approach for measuring performance, especially since the introduction and wide usage of the Balanced Scorecard. Kaplan and Norton (1992) stated that the integrated approach emphasizes the need to use measurements that are process-oriented while cutting across functional...
Introduction Panera Bread Company originates from the organization that started operating under the name Au Bon Pain in 1976. It was a demonstration bakery owned by Pavailler. In two years the organization was bought by Louis Kane, who opened 13 stores in Boston. Unfortunately, the business was not very successful...
Introduction Nintendo is one of the most famous and large-scale companies in the software & tech services industry, or rather in the field of video games since many children and adults in the United States and the world love its games. The company is the creator of games with famous...
Negotiation is important in most business transactions especially those that involves selling or purchasing of high valued commodity. Personality contributes either positively or negatively to the communication ability of a person. Personality therefore plays an important role in determining a person’s communication power in the negotiation process. This essay focus...
Introduction Communication is an important component of positive worker relationships in any organization. Whatever type of communication two employees have, not only has an effect on their relationship but also on the overall organization because organizations are a system (McCroskey and McCroskey 1). Worker satisfaction is also dependent on the...
Introduction Regardless of the size, nature or structure of the organization, communication is a vital element that helps in ensuring that there is sustainable relationship in the organization. Given that organization is a system, what a single person says to another may have an impact in the entire organization (Bratt...
Perfect competition assumes that no supplier would make any meaningful decision regarding the price it sets for its goods. This is, however, not the case because goods and services can easily be replaced by others, making firms primarily price takers. Market equilibrium is determined by the relationship between supply and...
Introduction The COVID-19 pandemic can be described as one of the most devastating public health crises in recent history. The outbreak began in early 2020 and was first reported in Wuhan, China. Since then, the virus has spread across the world, affecting almost all countries. According to Song et al....
Introduction New Jersey has a population of about 8.8 million people as per the 2012 census report. This figure shows a slight increase in population by about 0.8% as the 2010 census report. This mean the population of this state is increasing at a very slow rate due to economic...
The minimum salary is the lowest amount that employees earn from their employers, changing from state to state across the United States. In the United States, the lowest payment is $7.25 per hour to cater to basic human needs. Government regulations on minimum wage affect the quality of life. Although...
Introduction Over the years, the world has witnessed substantial progress in connecting people to reliable electricity supplies. However, some regions are still lagging in electrical services delivery. Although Nigeria has the largest population in Africa, it is one of the world’s most underpowered countries. Nigeria’s actual electrical consumption is 80%...
Key Issue within Wakewood Inapt Organizational Structure The unit’s general manager has implemented obstinate and bureaucratic organizational structure that fails to address conflict management and organizational change. The focus of the general manager is to heighten production whilst decreasing the functional expenditures. The obstinate and bureaucratic approach to organizational management...
Introduction The influence of an organization’s workforce on its general performance makes it necessary for executives to ensure the selection and strategic positioning of its employees. The competitive nature of the environment wherein organizations operate requires a continuous change in the strategic positioning of the organization’s workforce. Influential and successful...
Price Considerations The majority of business experts consider pricing crucial for the product development. Pricing is a challenge for many companies because they consider that correct pricing can intensify the product sales. Some researchers such as Ellickson, Misra, and Nair (2012) believe that revenues received by a company are connected...
The Difficulty of Management The management of a business, especially a new one, is a highly challenging task. According to Hisrich and Ramadani (2017), approximately 80-85 of new ventures in the U.S. cease to exist as independent entities within the first five years. However, even well-established companies may struggle with...
Customer relationship management Customer Relationship Management, or CRM, is a powerful tool for the assessment and analysis of all the information regarding the customers. The primary tasks of CRM software suites are recording, processing and storing data that include customer preferences, tendencies, and trends, response to various strategies implemented by...
Introduction The global financial crisis is affecting the entire world and it is causing slow down of the growth in both the developed and underdeveloped countries. The governments of all the countries are trying their level best to contain the crisis and many economists of the world believe that it...
Introduction Apple has emerged as one of the most successful companies that deal with information technology products. Many people have been wondering how Apple is able to get a bigger market share than the other companies that sell the same merchandise, considering that Apple products are less expensive than the...
Introduction Harmonization of accounting standards means the matching of accounting standards and practices implemented in domestic jurisdictions, such as the Generally Accepted Accounting Principles (US GAAP) in the United States, with International Financial Reporting Standards (IFRS), or formerly the International Accounting Standards (IAS). The IFRS is adopted by the London...
Introduction Extending the business on a global level has its own attractions as well as challenges. However, it is a difficult proposition to achieve a completely global presence in all the markets with an identical core value. The decision of an organization to take its brand globally stems from the...
Introduction Despite the fears of many entrepreneurs and employees, especially in markets with high unemployment rates, confidence in AI adoption remains rather high. As a country with vibrant entrepreneurship and a large percentage of young people, Saudi Arabia must consider the opportunities and prospects that AI opens up to business...
Abstract The primary goal of this research project was to determine how companies in the oil and gas industry could overcome various risks that may affect their operations. The researcher used information gathered from secondary sources to inform the study. It is clear from the report that risk management in...
Introduction In today’s competitive world, it is imperative for businesses to develop a highly effective and motivated workforce to outwit their competitors and remain relevant within the market (Mehta & Chugan 2016). Recently, many organisations have placed considerable emphasis on boosting employee performance as a strategy for achieving this goal....
Introduction This chapter will cover the essential peculiarities of the research methodology – approach, inquiry, design, site, methods, data analysis, and methodological considerations. It will be a foundation for addressing the following issue – the topic is under-researched. The latter statement is founded on the above literature review and the...
The concept of competitiveness permeates every aspect of all businesses. It is an issue that concerns large corporations and small enterprises alike. However, while established companies with vast resources and connections can use them to expand and develop further dominance over the market, small and medium enterprises (SMEs) do not...
Introduction Developing countries refer to the nations that have not yet achieved the degree of industrialization that balances with their population and have low living standards for its citizens. Examples of developing countries include Nigeria, Republic of South Africa, Ghana, and Libya. Crude oil is one of the major commodities...
Introduction Society must make a decision as to whether they would prefer a more efficient or a more equal society. Free market economies often encourage efficiency of production but in order to promote equality, stakeholders must resort to certain philosophies that would minimize occurrence of this possibility. Political philosophies The...
Outline The main reason for many nations wants to be part in the enlargement of EU is that it will improve their economic and political interest. Further, EU membership offer wider European market access and a share in the European budget. (Sjursen 499). It makes borderless conglomeration of various states...
The European Union debt crisis began in 2009 after the revelation that Greece could default on its debts. The government then indicated that the previous regimes underreported subsequent public debts resulting in violation of the debt-to-GDP ratio capped at 60% (Barth & Bijsmans, 2018). Coupled with the 2007-2008 financial crisis...
Hierarchal Organizational Structure at Amazon Amazon employs a hierarchal organizational structure, which makes it possible for the company to exercise extensive control over all its operations across the globe. In any company, the organizational structure determines the interactions among employees and the management (Giri & Ramakrishnan, 2019). For example, Amazon...
Introduction Strategic planning is the process that an organization utilizes to recognize its directions and goals and assign resources to trail that guidelines and goals. A corporate strategy is an approach that a company utilizes to define such guidelines and goals. Based on the aforementioned information, the report aims to...
Introduction The sub-prime mortgage crisis that was experienced in the United States of America since 2006 comprised of a series of events that led to the global financial crisis of the year 2007 (Keys, 2009). This event was characterised by an increase in sub-prime mortgage delinquencies leading to a decline...
China used to be a communist society with a poor, planned, centrally controlled, and inefficient market economy, isolated from the global market. However, the situation changed about four decades ago when China began the process of trade liberalization and created new economic reforms that boosted its economy. Since that time,...
Business ethics is a critical topic and a highly debated subject in the current business environment. The concept refers to the application of ethical values or moral principles when conducting business (Grigoropoulos, 2019). As a practice, ethics applies to all persons within an organization, regardless of ranks, positions, or roles...
Introduction Today’s business world requires that managers do business in multi-cultural conditions. Many companies are expanding into different regions driven by the need to exploit new markets and get access to enough raw materials and a cheap skilled labor force. The establishment of company subsidiaries in new territories presents opportunities...
Summary Strategic management is a function of top management, which requires them to chart the direction the entire organization will take. It also follows up to confirm its implementation. These managers have to consider internal aspects, which give the organization leverage against its competitors. Also, an organization has to consider...
Organizational change is essential since it guides managers to introduce new solutions to some of the existing challenges. Leaders can consider various models to achieve positive results within the stipulated period. Medical facilities can benefit from the idea and empower more practitioners to become involved and deliver high-quality services to...
Introduction In the international market, Red Bull is one of the leading brands in energy drinks. It is also associated with individuals who participate in activities involving intense physical sports (Red Bull, n.d.). As one of its strategic marketing plans, Red Bull ensures that it sponsors most sporting events that...
Introduction Business ethics concerns rules, standards, and moral principles that govern business relationships and practices. They guide professionals on the appropriate approaches to be implemented to resolve ethical issues and difficulties in their workplace. Unfortunately, even in the presence of many professional standards, unethical practices still exist due to gray...
Introduction Business leaders need to implement new changes depending on the existing challenges and the targeted objectives. The involvement of all key stakeholders is an evidence-based practice that can reduce the level of resistance. Managers should promote customized change processes depending on the current situation of an organization and the...
Section 1 The physical, cultural, socioeconomic and political factors of consumer food environments influence the availability, accessibility and adequacy of foods within a given community. The socioeconomic food environment in Qatar is characterised by wide-spread obesity due to the availability of cheap, unhealthy foods which are easily accessible. Our product,...
Websites Review Crafting strategies for competing internationally is a crucial step for organizations aiming at global expansion. Choosing the right strategy will determine the success of the company in foreign markets. There are three main types of international strategies for competing outside the domestic market: “multidomestic, global, and transnational” (Arenas...
Generally accepted accounting principles or GAAP is a set of standards developed by accounting professionals. This standard has composed in 1914 and amended in 1992. This improved principle standards are generally accepted and practiced world wide. GAAP is a guideline to get ready a report of economic events. It has...
Introduction DHL a leading shipping company founded in 1969. The unique feature of the shipping industry is internationalization of business at an ever growing pace. In the past 20 years, shipping companies have distorted their direction from domestic to international; they have shifted from multi domestic marketing to international marketing....
Introduction The Airline industry is a major service industry that has been in the limelight since the terrorist attacks of 11 September 2001 in the United States. After that tragic event, several airlines collapsed or had to be bailed out by their governments. They included Sabena, Swissair and Canada 3000,...
Relation analysis of China/US exchange rate and India/US exchange rate The mean averages of the Chinese and Indian exchange rates vis-à-vis US dollar from 2001 to 2012 are 7.5 (standard deviation 0.76) and 46.28 (standard deviation 3.36) respectively (see table 1). The difference standard deviation shows that the mean monthly...