Business Essays


Tim’s Coffee Shop Business Simulation

This essay is on a business simulation for Tim’s Coffee Shoppe.  This is a final assignment for course AB 298: Associate’s Capstone in Accounting.  This example essay was provided to a students in Kaplan University to assist them with completing their own paper. Essay Prompt: Executive Summary This section provides an overview of your findings. Continue Reading... Continue Reading...

Marketing Plan for Vietnamese Business Essay

Essay Prompt: Develop and present an outline marketing plan with justifications Purpose of the assessment The aim of the assignment is to demonstrate your understanding of how a global corporation strategically manages its marketing operations across global markets and cultures. Context: You work in a marketing consultancy. It is your job to prepare a report to the Dean of the Business School on your outline plan for entry into Vietnam with programmes of study. Your Specific Instructions: Your Report should identify as a minimum the following: You are to produce an outline marketing plan for entry into either country. See Continue Reading...

Organizational or Systemic Change

the main challenges to effective execution of organizational strategy is guaranteeing workforce buy-in as well as channelling their business understanding and capabilities towards corporate change. Thus, effective leadership is the most important factor of all. A second viewpoint claims that ineffective leadership gives rise to contradictory priorities which will, in turn, give rise to weak coordination, as the workforce suspects that the management team shies away from potentially awkward and threatening situations (Rajasekar, 2014). Tactical Intervention Research scholars held the optimistic belief that the introduction of the effective JIT (Just-in-Time) concept would lead to immense benefits in the management… Continue Reading...

Walmarts International Business

incorporated seven years later. Since then, the company has expanded into international business and has over eleven thousand stores is 28 nations around the globe. The company is split into three key segments. These are Walmart International, Walmart United States and Sam's Club. The business undertaken by Walmart as a company encompasses restaurants, superstores, retail stores and also warehouse clubs (Walmart Website, 2016). The company also undertakes e-commerce through its website Walmart.com. The purpose of this paper is to analyse the international business setting of Walmart and the impact of globalization on the organization.   Techniques for Environment Analysis… Continue Reading...

Stine and Vail Book Exercises

want my only new-friend prospect to know how babyish I was, deep down." My: My business prospects are looking good. Word #10: Ironic: coincidental; unexpected. "She said I was so hilariously ironic." My: She smiled at me, ironically, after she had cried for two hours. Word #11: Pry: to inquire impertinently or unnecessarily into something. "She won't talk about it and I don't want to pry." Word #12: Displace: to take the place of; replace; supplant. "I had to displace Brooke as the Queen of Nice" My: I displaced Adam as the most popular kid in school. My: I didn't… Continue Reading...

Supply Chain Management

sales representative and as a retail associate. I also own a small business that involves buying used or salvaged cars, repairing them and flipping them at a profit. My former positions have allowed me to form trusting relationships with vendors from various fields and learn how to negotiate contracts with businesses. My organizational skills are excellent; I am dependable and always beat deadlines for all projects. I possess demonstrable good communication skills and can effectively collaborate with suppliers, team members and clients to get a job done well without any hitches. I have been able to smoothly handle emergency… Continue Reading...

The Effect Of Globalization on Business

Globalization has impacted business in a number of ways. Today, businesses are able to expand their reach and their markets because of globalization. The entire world is now open for business thanks to advancements in communications technology, travel, accommodations, international trade, and international partnerships. Globalization has not helped make the world more united in terms of interaction and dealings, it has also helped open up cultures and societies to new ideas, new consumers, and new exchanges. Businesses are profiting from globalization by marketing their… Continue Reading...

Swot Analysis for Nba D-league

it acts as a farm system and investment for NBA franchises. Could any of your weaknesses seriously threaten your business? The weaknesses are not serious enough so as to threaten the existence of the league; its purpose has so far proven to be successful. References Chazin, S. (2014). Connecting basketball fans with teams at the NBA D-League Draft. Cisco. Retrieved from http://blogs.cisco.com/collaboration/connecting-basketball-fans-with-teams-at-the-nba-d-league-draft FAQ: NBA Development League. (2016). DLeague. Retrieved from http://dleague.nba.com/faq/ Price, S. (2015). 11 NBA teams are stuck without a D-League affiliate. SBNation. Retrieved from http://www.sbnation.com/2015/9/9/9296055/pacers-purchase-fort-wayne-mad-ants-d-league-franchise-affiliation-nba Santa Cruz Warriors. (2016). NBA. Retrieved from http://www.nba.com/dleague/santacruz/dleague_faqs.html Continue Reading...

Large Corporations Engage in Dishonest Business Practices

Is Current business Immoral? Current business is immoral in one way or another. It is clear that the top rich people in the society strive as much as they can to avoid situations where regulations or laws are applicable (Lippencott, 2011). This means that they use their financial power to make sure that decisions are made to favor them and not against them. Tax evasion is one of the major issues that make the current business immoral because such corporations find ways of circumventing the system. Large corporations across… Continue Reading...

Etherneting

the number of ports at one's disposal. Thus, the individual or business will be able to add more clients and devices (collectively called 'nodes') to the network. Switches are basically nothing but overgrown connection boxes that links individual computers on the office or home network with every other network peripheral (for instance, printer) and computer through cables. Internally, switches avert dastardly collisions by narrowing a packet broadcast to no other device or peripheral, but the computer that requires it. A majority of routers and web sharing devices that are made to operate using broadband connections possess in-built switches. One… Continue Reading...

How to Judge a Business Idea

business Idea The Feasibility of New Businesses in the Fast Casual Healthy Restaurant Niche business Idea Overview The business idea that is being reviewed is a family owned business that is not a franchised operation. The research will focus on the likelihood that a small start-up that is locally owned and operated restaurant can still make it on their own in competitive market. Many of the local businesses that do well in the market are often affiliated with some national franchise that offer advantages such as training, advertising,… Continue Reading...

Audit Planning Control at Home Depot

these things in order to plan the audit. A company like Home Depot runs a fairly straightforward retail business, but it is also a very large company, and those are factors that need to be taken into account by the auditors when determining what an appropriate scope for the audit should be. It is important that this part of the process takes into account a proper identification of the risk factors, because those will in part determine the scope and the resources required (Knechel & Willekens, 2004). Performance Ratios There are several important performance ratios in a retail business.… Continue Reading...

Drugs and Gangs Among Detroit Teens

habit of drugs. It seems like drug dealing is a hobby and a business that brings livelihood to all the homes. Only a few people are responsible enough to shun drugs and try other ways of making a livelihood for them and their families. All the young people have been taken into drugs from where they strive to make a living. Perhaps, this explains the widespread violence and crime making most of the young people to be at home dealing drugs or waiting to be arrested and taken to the juvenile correctional facilities for various crimes all related to… Continue Reading...

Developing, Managing, and Operating a Retail Business

.....managing and operating a recently acquired small retail business. The paper specifically focuses on strategies for targeting customers and information gathering, a plan for recruiting and training new staff and employee management, the relevance of the concept of one hundred percent location and saturation to the business, as well as important financial dimensions for the business. Also, the paper provides a name, mission, and philosophy for the business, a description of hours of operation, and a plan for cultivating an inviting store atmosphere. Strategies for Targeting Customers and Information Gathering The importance of targeting customers and gathering… Continue Reading...

Choosing a Corporation over a Sole Proprietorship

business Organization When determining which form of business organization to adopt for one's business, it is important to consider a number of variables before making a decision. These factors can include: the level of control the owner wishes to have, the structure of the company, the company's level of vulnerability to lawsuit, expectations of profit/loss, and whether there is a need for re-investment of capital back into the company. These considerations can greatly impact the form of organization one chooses. For… Continue Reading...

Project Management Infrastructure

and roles of any other kind of PSO; however, their personnel are assigned to the business units. In particular, these PSOs are largely accessible when their services are required. They do not undertake any mundane functions. Aside from a director or an administrative support individual, the virtual PSO does not encompass any other budgeted personnel. On the other hand, the real PSO has a budgeted workforce of professionals, which might encompass numerous project managers. They undertake numerous routing roles, for instance project appraisals and software assessments. In particular, these appraisals are a proper way of monitoring the espousal of… Continue Reading...

Strategic Importance Of Outsourcing in U.s. Manufacturing Company

to make firms focusing on the core businesses. In the contemporary global business environment, firms are required to produce the innovative products, and developing a new strategy to increase profitability, outsourcing has become a new business technique that firms employ to remain competitive. Thus, outsourcing helps manufacturing companies to lower costs and remain competitive in the fiercely competitive business environment. However, there is an ongoing debate that outsourcing decision can be detrimental to organization business advantage. The objective of the essay is to explore the benefits and shortcomings of outsourcing for the manufacturing companies. Benefits and Shortcomings of Outsourcing… Continue Reading...

Silo Manufacturing Company

company is a regional provider of grain tower, also referred to as silos, for farms. In particular, the core business of Silo Manufacturing Company is the production of the grain elevators. However, in recent periods, Silo Manufacturing Company has expanded and propagated their business to take into account the most recent and cutting-edge in agricultural engineering services for elevator design. In this case, the paper attempts to resolve a prevailing issue between Fred Ferguson, the Financial Comptroller and Peter Patrachalski, the Purchasing Director. These two executives both make different arguments regarding Silo Manufacturing Company's ordering policies and present different… Continue Reading...

Small Local Business Marketing Plan

Toshi Dream Spa and Salon is a full-featured spa and salon business located on Main Street and open seven days per week from 10AM until 7PM. They have been in business for fifteen years. Five years ago, they expanded and modernized, going from a hair salon with five chairs to a full-service spa that offers facials, body treatments, waxing, manicures, and pedicures. Their shop is modern, clean, and slick looking. The decor is minimalist, with a cool color scheme using white and icy blue and purple shades. Toshi Dream Spa and Salon wishes to convey… Continue Reading...

Big Data Is Here to Stay

Big Data is seen as a boon and "win" for the companies that use them to help their business. Indeed, businesses that can use Big Data to manage and wield massive amounts of data in ways that are advantageous from a business and strategic standpoint will tend to do much better than those that are unwilling or unable to do so. One upside to the melding of these two concepts and technologies is that the benefits are outstanding. A downside is that not all ERP systems are accustomed and designed to properly harness and use Big Data resources. Indeed,… Continue Reading...

Redskin Illegal or Racist

and disruption and thus banning them is a choice that a business owner can/should use if the situation or customers ask for it. Issue The issue that arises is whether businesses are within their right to ban children or if there is age/parent/family discrimination involved. Many to most of the places involved are privately owned so that is an issue as well. Rule of Law Generally speaking, private businesses have a right to refuse service to "anyone". The quotes are there because there are exceptions such as banning people based on race, ethnicity and other illegal reasons. Application of… Continue Reading...

Debt Versus Equity for Start Up

is raised by the partners and would not dilute the control they need to grow the business according to their vision, then it is recommended that equity should be used, in order to encourage maximum retained earnings (Deeb, 2014). There are two further issues with debt financing at the start-up stage. First is the retained earnings problem, as debt financing creates obligations that increase the risk of the company, and furthermore decrease the amount of capital from earnings that can be plowed back into growing the business. Theoretically, the owners want to see this business grow rapidly to capture… Continue Reading...

Martha Stewart Omnimedia Corporate Governance Case Study

to perform their duties well, and their replacements lacked the experience needed in media to fully understand the business -- they were inherently weaker in dealing with Stewart. 3. Changes in corporate bylaws would improve governance if those changes reduced the control that Steward had over the company. The bylaws could have been written so as to define roles, and powers, essentially reducing the opportunity for conflict. In particular Stewart's role seemed ill-defined in terms of her role in governance, and she exercised her voting control where need to be influence high-level corporate decision-making. 4.Risk management could have avoided… Continue Reading...

Meal Delivery Service

Meals The business is a prepped meal service for seniors, where prepared, nutritionally-balanced meals are delivered to seniors who have trouble cooking for themselves, at a cost-effective price. The industry is at the intersection of food service and senior care. The core competencies that drive the business are in the efficient preparation of food. The difference is that we are targeting seniors who live on their own, a market not reached by institutional food service providers. The industry has existed for a number of… Continue Reading...

Krispy Kreme Case Study

industries, both of which are highly competitive. The QSR side of the business has low switching costs, moderate brand loyalty, and at the local level especially there are few barriers to entry. At the national level, barriers to entry are much higher, but intensity of rivalry, especially between Krispy Kreme and Dunkin Donuts, is high. This affects pricing power, though KK has been able to offset that by successfully differentiating its product. This line of the business was the source for most of the issues that plagued the company after it expanded too rapidly. The second key element, besides… Continue Reading...

Requirements for an Information System

for managing records within the organization and marketing products. This report was requested by Michael Duffy Administration and business Support Manager, based on the numerous complaints raised by staff regarding the hurdles they face when trying to access information from the current information system. The staff have explained that it is difficult for them to find information that is correct and up-to-date. There are also numerous brochures, and the staff is uncertain what brochures are correct. This leads to the wrong information being shared and provided to potential students and clients. The sales teams have been using the old… Continue Reading...

Control As Function Of the Management

is predominantly responsible for the daily running of the business in relation to the human resources, as well as being responsible for the quality of the products that an organization could be manufacturing. This is one function of management, unlike the planning, organizing and leading function, that does not come to an end as long as the organization still exists, this job of management is never complete. The basic bureaucratic control system that can commonly apply to almost all organization often takes four major steps; setting the performance standards-this includes the consulted approach of the various management personnel and… Continue Reading...

Lean Production System Applied to Today's Business

LEAN TECHNIQUES APPLIED TO business IN TODAY'S WORKFORCE Simply put, in the business sense of it, lean means creating more value using fewer resources. Therefore, a lean organization is one that focuses more on maximizing customer value with minimal waste. Its key process is mainly to produce its customer value products increasingly. Lean is about standardizing work process to make problems visible and develop the team members' critical thinking ability so that they can solve those problems and improve work processes TOYOTA Toyota uses lean strategy in such a way that… Continue Reading...

Analysis Of Kimberley Clark Sustainability Report

the last one was produced in 2015. The production of these reports is voluntary for business, and the content contained within them is also voluntary. In general, production of a sustainability report is an important step towards transparency and accountability in the sustainability practices of a business. The 2015 report sets out the company's strategy through 2022, and recaps the outcomes of the last strategy, which ran from 2010 to 2015. There are several major impacts on the environment that arise from KC's business. The first is the forestry activities that produce the logs that are turned into paper.… Continue Reading...

Building an Internal and External Networking

this study is to discuss the strategy students, individuals and businesses can employ in building lasting networking and business relationships. The study suggests exploring the internal and external environment when building the relationships. For example, students can build their relationships with friends, joining social organizations and participating in volunteering. Moreover, the online social networking has been identified as an effective tool to develop an effective networking. Maintaining a Networking "Successful networking requires a positive mindset. Positive networking focuses on giving, not just taking. Taking time to help others develops lasting relationships based on trust and respect. Students should look… Continue Reading...

Factors Influencing Market Entry and Exit Decisions

important as exiting the market. Just as leaving the market, market entry can be planned. In any market, a business can make money by properly timing both the entry and exit. If one miscalculates any of these, then the business runs the risk of not getting the return on investment. Entering a market sooner has the advantage of being a market pioneer (Bednarek, 2013). In contrast, late market entry can be advantageous since the products are cheap or improved unlike those already in the market. Already cluttered markets serve an opportunity for late arrival based on improved quality. For… Continue Reading...

A Company Ratio Analysis

share reveals that the company is efficiently managing its business because the company is able to allocate a portion of its profits to the shareholders. Moreover, the company is able to settle its debts based on the results of the Time Interest Earned. My Concern My concern is that the company was not able to manage its inventory efficiently because days to sell its inventory increased from 2007 and 2011. Moreover, days to collect receivables increased from 65.18 in 2007 to 89.40 in 2011. The company Account Receivable Turnover also declines from 5.60 in 2007 to 4.20 in 2011.… Continue Reading...

Theory Vs Practice Explained

obvious chasms that becomes clear here is the relationship between theory and what is practiced in a small business setting. To truly look at and assess that paradigm, the author of this report has interviewed an owner/manager at a small business to discuss what they do to make things work, what is suggested in theory and scholarly literature and how those frameworks and lessons do or do not work for their particular situation. The author of this report will personally be making a comparison and contrast between what is asserted within the literature and compare it to the feedback… Continue Reading...

Horizontal and Vertical Analysis

seems odd that joint venture income is relatively low versus the rapid growth of the business. Unbilled charges on restorations means that there has been some work done on restorations that has not been billed. This is basically the service industry equivalent of goods-in-process inventory. The company has done some work on a project, and will bill for that work in the future, but as of yet has not billed for that work. Thus, it is not an account receivable yet. 6. The two are not related. Unbilled is work that's been done but for which no bill has… Continue Reading...

Performance Management Review

fascinating sequence of issues concerning performance management, and especially aspects such as performance reviews. For instance, if the business restructuring or transition takes place just before the performance appraisal phase, then there is a likelihood of encountering instances of the incumbent firm manager letting go of the preceding performance review and also the incoming manager from the acquiring firm having no knowledge whatsoever regarding the performance of the employees (Marr, 2006). What might be the risks for the combined firm? There may be some risks that come about from the combined firm. One of these risks is failing to… Continue Reading...

Humana Care Delivery for Patients

states where Humana has no facilities in place, the insurance portion of the business assists patients with locating doctors and primary care providers to meet their health care needs (Physicians, 2017). In conclusion, Humana is aligned with hospitals and primary care providers across the nation who work with the insurance portion of the business so that patients can receive care. It links with providers in every state through its insurance company and its pharmaceutical prescription online portal allows direct access to drugs that patients need. Patients who live nearby the organization's physical locations can make use of the facilities… Continue Reading...

Differences in Mentoring and Sponsorship

.....status quo of business has been expressed as "an interconnected global village" having innumerable opportunities for everybody. But, as it happens, everybody doesn't enjoy equal opportunities and only those aware of how and where to look enjoy an advantage over others. Hello and Good afternoon. I am Alice and I am delighted to join you today for this Annual Luncheon of American CEOs sponsored by the Wall Street Journal. I am in the twilight of a rewarding and influential career as the Pres. and CEO of, SeeItAll, a domestic airline. SeeItAll, has a… Continue Reading...

Importance Of Being Tentative

Conversations There are several books that are present in the business and societal sphere that have a great amount of fame and reputation. One of those books is the Crucial Conversations treatise offered by Kerry Patterson, Joseph Granny, Ron McMillan and Al Switzer. This brief report shall focus on three chapters in that book, those being the seventh, eighth and ninth. Respectively, those chapters deal with talking tentatively, paraphrasing and consensus. These are all important in their own right and should be fused together and used concurrently in whatever ways possible and practical. While it… Continue Reading...

Scope and Purpose Of Risk Management

management will examine the risks that stem from various aspects of the company and impact the business in some way—but if risk managers do not also assess their own practices, policies, procedures and processes, they have no way of knowing whether they adequately addressing risks in their department. c The benefits of doing the review are that it provides risk management with a better sense of how it is defining risk, where it sees the risk as lying, what plans it has in place to address risk, and what methods and procedures must be updated to better facilitate the… Continue Reading...

Supply Chain Management and Logistics

Logisticians Might Be Concerned With Theft. Theft is a global issue affecting not only logisticians but also business owners and consumers alike. Nowadays, the sourcing of raw materials and manufacturing of goods happens in every corner of the globe just as the warehousing, shipping, and consumption of the finished goods. However, cargo theft can occur at any given point in between hence compromising product availability and integrity. Although their insurance provider may reimburse a company for the market value of the goods stolen, the insurance will not cover the costs and time related to theft (Murphy & Knemeyer, 2014). Secondly,… Continue Reading...

Answering Comprehensive Questions Analytically

for they are produced in the local farms. Excellent organization with original ideas and fast services – the business has clearly established and authentic ideas i.e. the local traditional products, and the organization is clear i.e. source of products, products made and how they are made, and the target market. Clear and unrivaled market – Cretan Traditions targets the Cretan and Greece market, and so far, there isn’t any clearly identifiable competition. Weaknesses A small and limited market – the business sells only in Crete and some buyers in Greece. This market is limited and small for expansion of the… Continue Reading...

Flexible Budget Variance Vs Volume Variance in Helthcare

Budget is the estimation made by a business at the beginning of the financial period. The budget prepared at the beginning will not reflect the exact amount of resources that the business will incur for the entire financial period. The budget prepared at the beginning might be less or more as compared with the actual resources, the business will spend for the whole year. As the year begins, the business will not know the resources needed for the entire financial period (Davis & Davis, 2011). The business if forced to prepare a static budget, which contains… Continue Reading...

Patagonia and Sustainability Case Study

areas. Many of these initiatives would also be tied to things like lean business practices. There are a number of companies that have realized that waste is one of the things that can be improved upon that will align sustainability with profitability. When you waste less, your business becomes more sustainable, but also your margins increase. Benchmarking against companies that focus on waste reduction is one of the areas where Patagonia can drive improvement for many years to come with respect to sustainability. Innovation In general, Patagonia’s approaches are not especially innovative in terms of sustainability. The company’s programs are… Continue Reading...

Using Expats to Spearhead Global Expansion

to two different countries. We will need one person in Dubai in order to run our EMEA business, and one person in Hong Kong in order to run our APAC business. This report will present a significant amount of discussion with respect to the business cultures in those cities, in the regions as a whole, and what the company needs to do to ensure a successful expatriate deployment. The first thing that the company must know is that we cannot send people who have no international experience on this type of assignment. The initial expansion requires people on the… Continue Reading...

How to Introduce Business to Social Media

social media websites like Facebook, Twitter, Instagram, Pinterest, and YouTube? It is hard to imagine a business surviving without some social media presence. Introducing a business to social media is important for several reasons. The first and most obvious is that social media is a marketing tool, and a flexible one. Various forms of social media, or social media platforms, allow the company to deliver a cohesive, consistent message using multimedia. For example, Pinterest and Instagram rely primarily on visuals like video and photos. Companies can use Pinterest and Instagram to promote their products visually on these platforms. The company… Continue Reading...

Financial Statement Analysis Of Verizon

wireless and telecommunications. These divisions reflect an organizational structure that is focused on product. The wireless business is nationwide, but the landline-oriented businesses are focused mainly in the northeast, which is the traditional geography for Verizon's predecessor business Bell Atlantic. Recent Financial Performance Verizon's business has fluctuated over the past three years. In FY 2016, it recorded $125 billion in revenue, down from $131 billion the year previous, and lower than the $127 billion it recorded in FY2014. This indicates that either the company is struggling to maintain its pricing power because its businesses are competitive, or it is… Continue Reading...

How to Respond to the Emotional Needs Of Others

doctor—but that got derailed when my dad got sick and he needed someone to take over the business for him. I always had my heart set on medical school, but family came first. Then my sister had her first baby and I was there to help out with that. If I had been at away at med school I realize I would have missed so much. Life takes us in surprising directions, ways we never imagined for ourselves—and that can be frightening, because we can’t picture what’s going to happen next or how we will get through the next… Continue Reading...

Business Ethics and Ericsson Bribery

bribery in cases like that of Ericsson. Bribery is a common and entrenched way of doing business in Asia and Africa: the continents on which the alleged briberies occurred (Turula 1). Bribery is not a black versus white ethical issue, which is why Carroll and Schultz describe it as a “subject of continuing debate, more than any other form of corruption (319). As Carroll and Schultz point out, “some countries of the world continue to assert that [bribes] are culturally obligatory or defensible,” with some businesspeople arguing they are “necessary,” (319). In the Ericsson suit, none of the people… Continue Reading...

Best Practices Involved in Changing the Accounting Information System Ais

Information System (AIS) best practices Accounting info systems (AIS) has transformed business processes on a worldwide scale. When financial data is entered into the AIS, financial statements and reports are created at several business levels to make profitability certain. Steinbart and romney (2012) revealed that the accounting systems process information to offer data to users so that they can not only plan, but also manage and operate respective businesses. Given this situation, accounting info system are viewed as a method which helps management in their planning and balance processes by offering data that is both reliable and relevant for decision… Continue Reading...

Analyzing Two Global Security Organizations

by private organizations concerned about everything from internal organizational cultures, to background checks performed on potential business partners or clients. Because of the nature of global business, background checks may entail liaison with partners in different countries, requiring deft cultural competence in communications. Law enforcement partnerships also reveal the public-private nature of their operations. Digital forensics and forensic psychiatry are other means that may be used to conduct background checks to ensure security at all levels of public and private sector performance. Methods used to conduct their risk assessments and securities services include all manner of surveillance tactics, as… Continue Reading...

Enron Fraud

Introduction Enron was one of the biggest business collapses, and one of the most egregious incidents during a period in the early 2000s when investor faith in the securities system was shaken by a series of scandals. The scandals varied in terms of their composition, but behind each of them was greed, the drive by senior management teams to defraud securities regulators and investors for their own gain. This paper will look at the Enron fraud in particular. This was probably the worst, for the bald-faced contempt… Continue Reading...

Reflection on Organizational Change Management

of change in an organization. This is an important lesson since organizations in today’s business environment are faced with the need for managing organizational change because of the changes in the business environment. As I reflect on the insights obtained from the course, I have learned about change management and found some readings, resources, and assignments helpful in this process as well as some that did not fully engage me. However, I also feel that there are some aspects of change management that I still need to know more about and research more deeply after this class. Prior to… Continue Reading...

Walmart\'s Use Of Technology for a Competitive Advantage

become an early adopter, and outthink the competition in terms of utilizing new technologies to enhance its business. By gaining first mover advantage, and being more creative in the application of new technology, Wal-Mart puts itself in the position as a leader, not a follower, in terms of the way technology helps to deliver competitive advantage. Knowing what competitive advantage looks like in its industry, and being able to apply technology to making that happen year in and yea rout is the hallmark of a well-run company, and Wal-Mart has a reputation for being just that in terms of… Continue Reading...

Freeman Brown Private System

and manage open and clear communication with all its stakeholders who value its exemplary contribution in the field of education. References business Dictionary. n.d. Closes systems. Accessed from: http://www.businessdictionary.com/definition/closed-system.html Center for Education Reform. (2011). Appendix D. Closed charter schools by state. Retrieved from https://www.edreform.com/wp-content/uploads/2011/12/CER_FINALClosedSchools2011-1.pdf Chand, S. n.d. Modern Management Theory: Quantitative, System and Contingency Approaches to Management. Accessed from: http://www.yourarticlelibrary.com/management/modern-management-theory-quantitative-system-and-contingency-approaches-to-management/25621 Griffin, D. n.d. Open System Organizational Structure. Accessed from: http://smallbusiness.chron.com/open-system-organizational-structure-432.html Perry, G. L. (2017). Human Relations Management Theory Basics. business.com. Accessed from: https://www.business.com/articles/human-relations-management-theory-basics Schermerhorn, J. (2014). Exploring Management. Hoboken, NJ: Wiley Custom Learning Solutions. ISBN: 978-1-118-62019-9 Terry, L. (2017). Classical and… Continue Reading...

Pepsico Organizational Change Caused by Aquafina Water

was faced with issues relating to diversity, they set up hiring targets in which business managers would point out specific roles that required diversity of candidates. Indeed, diversity is a central performance metric that is constantly monitored by the managers. The company has implemented a policy to accelerate talent acquisition internally and externally. It has implemented an increase of 20% in the ERP bonus payments given to employees that referred female candidates. They are also giving incentives and rewarding their partners and consultants who assisted the organization through the D & I consultant of the year award. Management and… Continue Reading...

Adidas Market Entry

a portfolio of businesses, and those businesses have interdependencies. In this business, those interdependencies will typically manifest in the distribution side. While marketing different products may be siloed, distribution will not be in most places, so whether there is a good fit with existing businesses, or whether there is opportunity to develop a portfolio of businesses instead of just one might dictate market entry choices. In the above example, the soccer-forward company trying to choose between China and India for market entry would look at its other business lines for interdependencies. If it does a lot of cricket business,… Continue Reading...

General Mills Business Strategy

just ends up squeezing out farmers. Careful supply chain management is required to maintain the sustainability of the business (Church, 2015). The economic environment is generally favorable at present, with unemployment at low levels and economic growth at high, steady levels. The social environment, however, is perhaps less favorable to the types of processed foods that General Mills makes, which are less popular today than they were thirty or forty years ago. Overall, this means that the company has moderately favorable conditions – enough to be profitable but not enough for robust growth. General Mills has some strength in… Continue Reading...

Parallels Between Business and Biology

they were, then the benefits and costs dynamic would surely change. Part II. 1. A business like Tower Records ran a bricks-and-mortar record shop empire. There are costs like real estate, inventory, advertising and staff that are pretty common in that line of business. 2. There were a lot of competitors, ranging from independent record stores to other big chains like H&M, to big stores like Wal-Mart, and then eventually Amazon arrived, and if Tower had lasted longer downloading services. 3. Tower Records really did not adapt well to new competitors, and a change in the competitive landscape. Most bricks-and-mortar record… Continue Reading...

Leadership

with the company that was known as Blockbuster Video. Their business model became more and more obsolete with time. Rather than change and update with the times, they stayed in the same patterns and business methods that they had used for years. Since the economy and society has passed them by, this led to Blockbuster ceasing to be because what worked in the past was no longer viable. Since they didn’t change, this led to Blockbuster failing as a business in different and more modern times (“A Quick Look”, 2018). The other main reason that failure could and should… Continue Reading...

Coca Cola Analysis

Group, Mond?lez International, Inc., Groupe Danone, Kraft Foods Inc., Nestlé S.A. and several other beverage manufacturers. The Coca-Cola Company’s business overview from the company’s financial report (Coca Cola Company, 2011): The biggest global beverage manufacturer, Coca-Cola, owns, licenses and markets over six hundred brands of non-alcoholic beverages (chiefly sparkling beverages), besides numerous still ones including waters, juice drinks, enhanced waters, coffees, teas, juices and sports and energy drinks (Coca Cola Company, 2011). The company owns and markets four out of the most popular 5 global brands of non-alcoholic sparkling beverages, namely: Coca-Cola, Fanta, Sprite and Diet Coke. Trademarked company beverages,… Continue Reading...

Backend It Business Swot

Service, Vision and Mission The service I would like my business to primarily provide is backend IT support for companies in need of developing programs, apps, website functionality, security, and so on. The primary vision for this business is to grow into a top-tier backend firm that can boast a long list of satisfied clientele, with whom good working relationships can be maintained over the coming years. As many companies, like Kroger for instance, rely on individual firms to supply backend IT support for long periods of time, this type of work is obtained by establishing firm… Continue Reading...

Ups and Fedex Case Study

has been adversely affected. This is owing to the reason that its ground business operation, which encompasses residential drop-offs, deals with 40 percent more deliveries everyday as compared to FedEx. This has led to the company’s stock to grow slowly compared to FedEx over the past five years, with e-commerce significantly impacting its profits negatively. In addition, these advancements are significantly bound to impact both FedEx and UPS with the rise of Amazon in the market. This is for the reason that in recent periods Amazon has been able to test its own delivery service packages to be able… Continue Reading...

Cisco Ethics Idol Case Study

corporate social responsibility cannot be overstated. This is more so the case given that a business that has in place an effective ethics and CSR framework is likely to develop a reputation as a responsible entity and minimize the regulatory burden (Andersen, 2004). It is for this reason that most companies take ethics and CSR undertakings seriously. Cisco is one such company. In a bold move, the company developed Ethics Idol as a more engaging and exciting alternative to PowerPoint presentations in training employees about ethical decision making. Question #1. What are the advantages of Ethics Idol as an… Continue Reading...

Coordinating Management Between the Ceo and Cio

An inevitable concern in expanding any business is to ensure that the strengths that initially enabled the business to flourish are maintained while the organization exploits new areas of growth. A new position of location coordinator would enable someone to troubleshoot issues with other location managers while the two of us as CEO and CIO work out the details of franchising new operations or using venture capital to open up more company-owned shops. The location coordinator would handle any issues which arise based upon geographic and regional issues on a case-by-case… Continue Reading...

Proper Supply Chain Management

Resource Allocation & Expenses Maintaining proper expense and inventory levels in a business is not terribly complex. However, it is not the easiest thing to do either. Simply having enough of a resource in stock is not enough. It should get there soon enough to be useful. However, it should not arrive too soon and there should not be too much of it. Further, managing the supply and structure of the relevant supply chain is also important. Depending on the size and scope of an operation or department, this can be quite complex.… Continue Reading...

Amazon Capital Decisions

expand through capital investment and fundraising. The goal with such firms, of course, is to ramp up business levels, pricing structures and so forth so as to get to a profit at some point, even if it takes a few years. Indeed, many firms start off relying on capital investment and resource allocation at first and then become able to expand organically with no outside support, budgeting or investment. While firms like Amazon are a behemoth right now, there was a time where their operations and capital structures were quite thin internally and thus they needed a lot of… Continue Reading...

Privacy Risks and Principles

but also reasonable and relevant to the kind of business the website carries out. Some of the statement’s most reasonable parts are: use and retention, disclosure, and security. With regard to use and retention, the website observes that the personal information it collects is used for contact purposes (i.e. in those instances whereby the company may want to contact a user regarding their account), the enhancement of the services it offers, personalization of experiences (i.e. by way of recommending to an individual items they may be interested in), better service provision and implementation, and mitigation of illegal or fraudulent… Continue Reading...

Coca Cola Company Case Study

reconfirmed the company’s vision and mission. The organization is intentional in what they undertake and within its business operations, which can be seen even through its marketing. Their marketing videos inspire happiness principally and afterward the product. Furthermore, Coca-Cola Company emphasize on relationships rather than solely generating revenues and its advertising and marketing focuses on accomplishing its key goal, which is spreading happiness and endorsing kindness. Coca-Cola Company Generic Strategies In accordance to Porter’s Generic Strategies model, there are four basic strategies that firms can utilize in order to gain a competitive advantage over their market rivals. These strategies… Continue Reading...

Role Of Office Of National Coordinator

enacted statutes that require sufficient security measures from agencies operating within the states. Any agency conducting business with the residents herein are required to abide by some of the highest levels of information security programs. They are required to have encryptions, protect against data leakage and adopt a risk –based approach to ensuring security. Businesses in Nevada are further required to encrypt all transmissions of personal data (Thomson L.L, n.d:267). ROA and ROE Return on Assets (ROA) is an indicator of how effective managements of a business is in utilizing the assets of the business and reveals how much… Continue Reading...

Walmart Human Resource Practices and Change

organizations worldwide, with regard to its size, financial performance and business value. This paper aims at examining Wal-Mart’s Subsystem and HR Management change, with particular emphasis on personnel selection, development, performance, training, and compensation management (Thompson 2016). Further it will address the key stakeholders of the organization. Organization and Major Subsystem in Need of Change Numerous factors contribute to a company’s success, and a few of them critical to the success of Wal-Mart are personnel selection, development and training (Thompson 2016). The organization needs to ensure its HR department receives adequate support to maintain its reputation and satisfy its… Continue Reading...

How the Internet Has Changed Society

has given rise to the potential for global democratization. At the same time, the Internet has radically transformed the business and marketing landscape. The Internet enables the formation of online communities and new identities, in keeping with trends towards population migration and geographic independence. Finally, the Internet presents new challenges in terms of cybersecurity, terrorism, and national security. The Impact of the Internet On Society Increased Dependency on Technology Just less than twenty years ago, only 4% of the world was online; now about 50% of the world is online (Rainie & Anderson, 2017, p. 1). The number of… Continue Reading...

Analysis Of Strategy Implementation at the Coca-cola Corporation

happiness... (The Coca-Cola Company, 2018). Five Strategic Actions 1. Aim at profit growth and revenue push 2. Invest in our business and brands 3. Simplify our company 4. Keep focus on our core model of business 5. Improve efficiency The Coca-Cola Company, 2016) It is clear from the organization structure and design above that the objective is to implement the mission statement and the strategic plan. Owing to effective structures, the management remains stable. Decentralization has helped to solve the human resource and culture challenges. Consequently, the company has maintained profitability in the harshest of environments. Coca Cola Company ethical "prescriptions" as… Continue Reading...

H&m Trade Comparative Advantages

the comparative advantage in labor costs to win this business, and the OPT is specifically designed to leverage that form of comparative advantage. So any Romanian textile firm that takes advantage of low labor costs and specifically competes with OPT-driven business in mind, will likely benefit, at least in the short run when the OPT encourages companies throughout the EU to send their business specifically to Romania. In the long-run, of course, relying on this model is probably not sustainable, because as Romania's wealth grows it might well lose its cost advantage – as appears to be the case… Continue Reading...

Financial Reports and Lending Decisions

thing I need to know is the collateral, or capital, that the business has. In other words, I need to be able to secure this loan somehow. It might be able to secure it against whatever equipment Jason is buying, but maybe I cannot. It is important to know, if I am lending to a small or medium-sized business, what assets that business has against which I can secure my debt investment (Kiisel, 2013). Hayes (2018) notes that there are several other ratios that can help determine the financial health of the company. Three ratios that would also be… Continue Reading...

Brand Image Of Sears

itself. Brand Profile The Sears brand is based on the old brick and mortar retail approach to business: Sears is dedicated to providing consumers with a place to shop, to find the trusted merchandise and home appliances that they need, and to obtain services that they desire. To make itself more appealing to consumers, Sears has a number of proprietary brands that it sells, including Kenmore, Craftsman and DieHard (in the home appliances, kitchen, hardware, construction, and automotive industries), and in this way the Sears brand has broad appeal across numerous customer bases. Both men and women are attracted to the… Continue Reading...

Conflict Management in the Workplace

Workplace Conflict Management The modern business environment comprises individuals from different nationalities, racial and ethnic backgrounds because of increased globalization and rapid technological advancements. As a result, human resource management practices in today’s business atmosphere have incorporated diversity as a crucial component towards promoting the wellbeing and success of the workforce. Diversity is seen as an important factor in enhancing the contributions of the workforce toward achievement of organizational goals and objectives. However, organizations are faced with the need to handle conflicts effectively because of… Continue Reading...

Tesla Mission Statement

Mission Statement The mission statement is the most important part of a business plan: it communicates the organization’s purpose and identifies its goals, aims and values. It makes clear to all stakeholders exactly why the company is in business and what it intends to offer to people. It describes the standard to which the company will hold itself and is a clear statement that stakeholders can use to hold the company accountable. The significance of the mission statement within the sustainability dialogue is that it sets the stage for the company’s plan. If the company intends to engage in… Continue Reading...

Technology and Workplace Changes

of incremental analysis used in decision making? An incremental analysis is a decision-making technique used in business to determine the true cost difference between alternatives,” excluding sunk costs which cannot be recovered (“Incremental Analysis,” 2018, par.1). The purpose of such analysis is to determine the right decision based on costs in the here and now. Only relevant costs are given consideration for a future-focused decision, versus retrospective analysis for the purposes of strategic planning based on past insights. Q2. What does it mean when someone says, “You get what you measured”? Every individual who engages in measuring specific data points… Continue Reading...