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

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 of organizational change implementation. JIT can undoubtedly… Continue Reading...

Ethics and Corporate Responsibility

business? - Definition & Examples - Video & Lesson Transcript - Study.com) • Impact a company • Be impacted by the company • Impact the company as well as be impacted Stakeholders are frequently compared with shareholders, who are individuals with an ownership-related interest. Stakeholder theory was majorly impacted by philosopher, R. Edward Freeman's 1984 work Strategic Management: A Stakeholder Approach. The stakeholders in this case would be the company itself, its managers and workforce, and its Colberian facility's executives and workers. Human Rights Issues The American… Continue Reading...

Walmarts International Business

in the year 1962 by Sam Walton and became incorporated seven years later. Since then, the company has expanded into 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… Continue Reading...

Stine and Vail Book Exercises

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 want to pry into my… Continue Reading...

Supply Chain Management

D2D 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… 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 products and services to consumers… Continue Reading...

Working Women and Breastfeeding

According to evidence, organizations can enjoy net economic advantages if they allow their female employees to combine breastfeeding and work. business Case for Breastfeeding" initiative of the DHHS (Department of Health and Human Services) claims that, besides increasing experienced personnel's retention, breastfeeding decreases healthcare spending, boosts employee morale, improves organizational image, lowers absenteeism rates, and enhances productivity (Lindsey Murtagh & Anthony D. Moulton, 2011). Challenges from Community The key community-level breastfeeding obstacles may be classified under two broad heads. Literature extensively documents male displeasure with breastfeeding being done in public. Some research works clearly reveal males' greater likelihood to disapprove,… Continue Reading...

Swot Analysis for Nba D-league

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...

Sports Management Taxonomy in the Last 20 Years

of sports services. Typically, sports management is related to other business management that involves planning, organizing, evaluating and using managerial skills to achieve the organizational objectives. Chelladurai, (1993) classifies sports management with references to the services delivered, which include participant services, consumer services, professional services, spectator services, and sponsorship services. The author also points out that the sports management has overlapped the recreation and health administrations leading to the interrelationships with other disciplines. While Chelladurai, (1993) evaluates the taxonomy of sports management in the 80s and early 90s, however, sports management has changed in the last 20 years because it… 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.… Continue Reading...

Business Ethics

for the past three years. She aspires to enroll in a graduate business institution a year from now, and has begun the application formalities already. According to her workplace's policy, personnel who work after regular office hours can arrange for their dinner at the company's expense Furthermore, the worker is allowed to take an Uber or cab home at the company's expense, as well. Cindy remains at her work place on a regular basis until 8:00pm, even if her work does not require it, and orders food more than sufficient for her dinner, whose leftovers she can retain… Continue Reading...

Modern Corporate Social Responsibility

(and is) applied in a business or any organization like it would be different than the now ubiquitous social justice. Even so, there is a right way to do it and organizations already in motion have proven this. Indeed, there has to be a standard set when it comes to behavior, speech and other behavior while conducting business. The organizational manifestation of social justice should monitor and deal with a number of things. This would include the showing of respect and empathy, the reorganization of… Continue Reading...

Problems Unsolved and a Nation Divided

world. The economy boasts leadership in areas such as innovation, entrepreneurship, higher education, communications infrastructure, capital markets, and business management (Porter et al., 2016). These aspects make the U.S. economy an envy of many countries around the world. In addition, the economy has demonstrated quite impressive recovery since the devastating 2008/2009 recession. Despite these strengths, the economy has been deteriorating in the last one decade or so, with many of the economic indicators declining to disturbing levels. Indeed, the competitiveness of the economy has been eroding since the late 1990s (Porter et al., 2016). There has been reduced growth… Continue Reading...

Strategies for Achieving Competitive Advantage

business Operations in Your Organization: Strategies for Achieving Competitive Advantage Organization Selected The company I have chosen to examine is Walmart Stores, Inc. Walmart Store Inc. became originally established in the year 1945 and is in the present day undertaking its operations in retail stores in over twenty seven countries. 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… Continue Reading...

Rebranding at Reebok

be informed by the need to adapt to change and remain relevant as well as reflect a shift business strategy, focus, and target market. Reebok, a multinational fitness and sportswear company, recently underwent rebranding to reflect its shift of focus to the fitness industry. Focusing on the company, this paper describes the previous image as a brand, the reason for rebranding, as well as the rebranding undertaken and its effectiveness. Founded in the 1 ate 1890s, Reebok is one of the largest sportswear companies in the world. With its headquarters in Canton, Massachusetts, the company designs, manufactures, and markets sportswear… Continue Reading...

Walmarts Marketing Strategies

out to be the biggest company in the world in terms of revenues. The business undertaken by Walmart as a company encompasses restaurants, superstores, retail stores and also warehouse clubs. The company also undertakes e-commerce through its website Walmart.com. In terms of retail products, the merchandises being sold in Walmart's retail stores include baby products, healthcare products, household goods, electronics, books, automotive products, clothing, furnishings and decor, alcohol, grocery, paper products and so much more (Walmart Website, 2016). Actions to Build and Sustain Relationships In order for a retailer to become successful, the organization has to undertake the application of… Continue Reading...

Cost Vs Benefit Related to Training

there are technically benefits to a training even without proven cost/benefit ratios, it is wise to make a business case that proves that there is a benefit. Such was the case in the example given in the case study. The author will answer to all of the critical thinking questions in the case as well as at least two of the key learnings to be had as well. While training is not a panacea, it is a needed and necessary part of making sure that service quality is where it could and should be. Analysis A lot of what… Continue Reading...

Etherneting

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… Continue Reading...

Jerry Maguire Analysis

as the title character who evolves though the film, who has difficult in adopting ethical perspectives as they undermine his business position, making tis film an interesting anthropological study of the world of the sports agent (Gayles & Bird, 2005). Jerry is a sports agent, in the movie he is portrayed as being at the top of his game, he is making a lot of money with a total of 72 clients. His success is supported not only with the imagery of the film; Cruise is shown dressed in smart suited associated with success, he is also shown as having… Continue Reading...

Zappos.com Assessment & Analysis

there is proper strategic alignment with parent Amazon.com and ensure that the business model in question is proper given the retail and other facets of the American market as well as any markets that Zappos sells and ships to. • The ground rules for the team shall be fairly simple. There will be a project leader that makes any final decisions if there is an impasse. However, the other people in the group (including the leader) will act as equals with everyone having a say. Everyone will be respectful, not interrupt others as they are talking… 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… Continue Reading...

My Career and How to Advance It

years. I have received a Certified Corporate Governance Officer (CCGO) designation from the London School of business and have successfully completed the Graduate Development Program for Banking and Financing Jobs Competencies at the Institute of Banking Studies in Kuwait. I also solidly maintain relationships with a number of key financial services personnel in Kuwait, including members of the Board of Directors at Ahli United Bank Kuwait (AUBK) along with high-level administrators at the Central Bank of Kuwait and Capital Market Authority. I contributed to the AUBK 2015 annual report and have overseen development of the bank's Corporate Governance and Investor… Continue Reading...

Review Of Leadership Style and Emotional Intelligence

astoundingly similar in terms of the overall attention that business leaders were now paying to the aspects of emotional intelligence and gender as well. This particular study was also important in how it highlighted the different variations between male and female EI under different leadership dynamics and styles which gives it an interesting and novel depth (Van Genderen, 2012). In this particular paper, we discuss how emotional intelligence influences overall employee performance irrespective of gender and how it increases generally efficiency and effectiveness as well. Influencing Performance Leadership is complex and dynamic. There is a myriad of… 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...

Financial Statements Of Xyz Company

the debt coverage ratio. This financial ratio ascertains the capability of a company to generate business operations to cover the expenses of its debt. The debt coverage ratio of the company as indicated is 0.61 and has been below 1 in the current year. This indicates that the firm is not able to generate enough cash to pay its debts (Atrill and Mclaney, 2013). What do you think are the key risks facing LNG producers in Qatar? The key risks facing LNG producers in Qatar encompass the growing level of competition. The new LNG supplies recently found in Australia and… Continue Reading...

Drugs and Gangs Among Detroit Teens

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… 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… Continue Reading...

Marriott Internationals Management Style

numerous changes in terms of management, processes, as well as business strategy. This paper discusses a number of change aspects relating to the organisation. These include two key changes in the organisation's management style, role of senior management in preparing the organisation for its most recent change, use of vendors and spokespersons, an innovation that could positively impact on the organisation's employees and customers, as well as the organisation's ability to adapt to the changing needs of customers and the market environment. Changes in Management Style Marriott has been in operation since 1927. Though the organisation has undergone several changes… Continue Reading...

Business Etiquette Failure

business etiquette can be extremely important; extremely where the etiquette is linked to the way in which first impressions are made (Martin & Chaney, 2012). This is particularly true when dealing with international communications, as customs and practices which are accepted as etiquette in a managers' home nation may not be shared. Examining a short etiquette breach from a senior manager when meeting with some Japanese businessmen. Prior to attending the meeting, the manager, who we will call Jon, had received a short briefing from the… 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 the case of West Casing, these factors when… Continue Reading...

Sea Treasures – Business Model

(Selvarasu & Sankaran, 2011). Short-Term Plan The growth of the commerce system around the world; especially electronic business, has triggered an increase in demand for ornamental plant and animal species taken into a diverse range of ecosystems. As a result of the novelty and poor regulation of trade in live animals through e-commerce, it would not be mistaken to imagine that other non-native species that are commercially appealing will present similar public health and environmental risks such as the poisonous fresh water stingrays. There is need to assess the threats and influence posed by the virtual and ecommerce communities that participate in… Continue Reading...

Book Review Of Bethany Moreton’s “to Serve God and Walmart

so doing, she has explicitly clarified the relationship between contemporary American business, governance, and religion. The book is an indepth report on free market and evangelical doctrines' mainstreaming, and will help readers comprehend how the company won America's hearts and wallets. The Central Theme What is the reason behind the rise of modern consumerism's leading entity in the Arkansan Ozark Mountains situated so far from America's industrial cities, financial hubs, and age-old transportation hubs? After all, prior to Walmart, this region was hardly considered to be the birthplace of a modern corporate… Continue Reading...

Project Management Infrastructure

all of the purposes 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… Continue Reading...

Strategic Importance Of Outsourcing in U.s. Manufacturing Company

of an organization 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… Continue Reading...

Ultimate Nutrition Policy Statement

all of its personnel shall be responsible in carrying out business activities in line with the Ultimate Nutrition Code of Conduct. Ultimate Nutrition's Code of Conduct outlines the core principles that ought to be adhered and complied by the organization's suppliers and production factories, to ensure production in proper working conditions, the personnel manufacturing them are treated humanely and respectfully, and compensated fairly. In particular, the ethical framework will guide the strategic decisions of the firm as it pertains to child labor practices in relation to various parts of the world. Code of Conduct Child Labor Ultimate Nutrition does… Continue Reading...

Benefits and Shortcomings Of Outsourcing Sports Venue Services

third party companies. (Schiederjans, 2005). While outsourcing management services or pertinent services has several advantages, the outsourcing business services have some shortcomings, which management of sports venues should take into a consideration. The objective of the study is to investigate the advantages and disadvantages of using the third party companies for the sports venues business. Advantages and Disadvantages of Third Party for Sports Venue business Outsourcing is a business tool that sport venue organizations use in turning their non-core activities to the third party providers. The outsourced service assists organizations to focus on sales efforts in order to maximize revenues.… Continue Reading...

Ergonomics and Human Factors

In the contemporary business environment, businesses are learned to satisfy their customers, however, they are also required to satisfy their employees. For instance, the Fedex has discovered that there is a statistical correlation between employee satisfaction and customer satisfaction. A decline in employee satisfaction leads to a decline in customer satisfaction. It has also been discovered across different industries that employee satisfaction assists in increasing customer satisfaction as well as increasing their loyalty towards organizations. Employees who are satisfied with their jobs and working conditions will… Continue Reading...

Leadership Styles in My Community

drive to benefit the homeless in the community. We arranged cooks, clean-up, neighborhood businesses to provide support (ingredients), and a team to promote the dinner. Every year we do this event and I continue to lead the team by providing servant leadership each year. Critical Analysis My main approach to leading this event was to provide servant leadership, but I also utilized authentic leadership because there were individuals within the parish who had organized events like this before and had some advice to give (so I sought them out and listened to their advice before beginning any work). I was… Continue Reading...

Demand Planning

Demand planning constitutes an important supply chain management (SCM) attribute affecting various business operations and aspects, from production to distribution, warehousing, the end consumer, and eventually the organisation's bottom line. Generally, demand planning encompasses forecasting demand (Jain & Malehorn, 2012). Effective demand planning is important for aligning inventory with changes in demand and enhancing the accuracy of revenue projections (Chase, 2013). This paper examines the importance of effective demand planning. First, the paper focuses on issues associated with demand planning in today's business operations. Next, attention is paid to the impact of poor demand planning on business operations. Finally, the… Continue Reading...

Silo Manufacturing Company

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 proposals (Frankel, 2013). The paper will also consider the… Continue Reading...

Businesses Run by Women

These hardships define people as leaders or failures. Women in the last few decades have amidst gender inequality, started businesses. This had led to a major growth in the number of women entrepreneurs in a predominantly male-dominated area. However, while women entrepreneurship has written, the persistent inequalities and continued views of women have led to the assumption that entrepreneurship may still be gendered. Meaning, society views only men as the main bread winners and capable of being effective leaders that entrepreneurs are defined as. This paper supports this assumption and will provide evidence of gendered entrepreneurship as well as literature… Continue Reading...

Discrimination and Harassment at the Workplace

not require a law to clarify it and is an integral part of a business strategy. Employees should be given a harassment-free working environment to be able to give their best (ACAS, 2005). There should be an action plan to complement the equality policy and it should be in tandem with key tasks regarding what should be done and who should do it. It should be monitored as any other managerial task, and most importantly, be among the objectives and responsibilities of individuals in management (ACAS, 2005). The staff in every process such as… Continue Reading...

Information Technology Goes on and on

2: Managing Knowledge Knowledge capture and management is critical because it allows for an improvement of business processes based on fact. Tacit knowledge is harder to work with because it is less verifiable than explicit knowledge from an empirical standpoint. UNIT 4 DISCUSSION Topic 1: Intelligence, Design, Choice Intelligence typically involves analyzing the market and how one's entry to it can affect it. Design involves architecting a business model, supply chain, customer base, and other parts of business. Choice requires making decisions about options for these. Topic 2: business Intelligence Systems The chief strategic benefits of BI… Continue Reading...

Capital Investments in Emerging Markets

center of operations is situated in Boston. In particular, the manufacturing company has various business operations in different segments. These include oil and gas, power and water, aviation and transportation. This shows the company's versatility in manufacturing as it ranges from the engineering industry to automotive industry. The company's prevailing revenue generated lies in the range of $140.39 billion as of the 2015 fiscal year. In the 2012 financial year, the company was ranked as the fourth biggest firm in the world. General Electric Company manufactures aircraft engines, locomotives and other transportation apparatus, lighting, electric control gear, generators and… Continue Reading...

Business Organization Questions

and how it was dealt with by management. Recently, Harvard business School itself was involved in an ethical scandal when it turned out its dean might be involved in a gross case of conflict of interest (Galani, 2016). Conflicts of interest similar to this one at HBS happen often in organizations of all sizes. I was recently made aware of a case in which a local organization experienced an ethical dilemma involving a conflict of interest. One member of the board of directors had previously served on the city council, and still retained strong connections with the local community. Because… Continue Reading...

Small Local Business Marketing Plan

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… Continue Reading...

Importance Of Communication Skills

business? 3. Is it a personal matter? V. Communication Strategies a. Resolving conflicts i. Resolution of conflicts has to be done in an orderly and proper way ii. Failure to control the situation can make the problem worse b. Identify the problem i. This is the absolute priority when it comes to conflict resolution ii. Must be a full and complete accounting for what is going on iii. There might be more than one problem and all issues need to come out c. Work towards a resolution i. Once problems… Continue Reading...

Macroeconomics and Gas Stations

is the value of goods and services produced domestically. This includes consumer consumption, business investment and foreign inflows. The GDP does not include the value of American investment abroad. A growing GDP typically reflects a higher demand for fuel, and gasoline is one of the most predominant types of fuel used in the United States. For example, if the GDP is this city is growing, that will typically mean more people driving to work and more delivery drivers. The gas station will have more customers if there is more economic activity in the area. One of the ideas that was… Continue Reading...

Empathy

business case in that sense, if these claims are supported by research. But there are definitely challenges envision what would come if I were to magically become empathetic. References Doyle, A. (2016) Top 10 communication skills for workplace success The Balance. Retrieved December 1, 2016 from https://www.thebalance.com/communication-skills-list-2063779 MindTools (2016) Empathy at work. Mindtools.com. Retrieved December 1, 2016 from https://www.mindtools.com/pages/article/Empathyatwork.htm No author (2016) What is empathy? Skills you Need. Retrieved December 1, 2016 from http://www.skillsyouneed.com/ips/empathy.html Stillman, J. (2016) 3 habits that will increase your empathy. Inc. Magazine. Retrieved… Continue Reading...

Fujitsu Limited Case

become a crucial source of competitive advantage in today's business world. Organisations that continually reinvent their products and processes in accordance to environmental dynamics achieve greater success in the marketplace compared to those that pay little or no attention to innovation (Beyene & Wu, 2016). Successful innovation, however, is predominantly dependent on an organisation's business strategy (Hajar, 2015). A firm's strategic orientation determines the extent to which it introduces new products or new ways of doing things. In other words, without the right strategy, an organisation may not innovate successfully. The connection between strategy and innovation is… Continue Reading...

Kiwi Medical Devices Limited

by factors such as initial investment costs, legal and administrative costs, knowledge of local business conditions, as well as degree of control over the production process. Michelle and her team are considering three options: subcontracting, shelter, or wholly owned subsidiary. Though subcontracting offers a faster and easier mode of entry and eliminates the headache of dealing with manufacturing and logistics operations, higher unit costs may be incurred and the company may have little control over the production process (Fawcett, 2014). This may compromise quality, eventually leading to customer dissatisfaction. In spite of requiring more time to implement, the shelter… Continue Reading...

Strategic Planning

the organizational mission and vision with regard to the general goals and objectives of the business. This institutes the aims, context, suppositions, risks, and environmental features from which all other planning will be undertaken. The main advantage of the strategic planning with respect to this phase is that it examines comprehensive approaches and objectives adequate to offer sufficient guiding principles to employees in lower positions that will set out underlying plans, ventures, and schemes. In overall, it delineates what ought to be done and what ought not to be done (National Child Welfare Resource Center, 2016). The second… Continue Reading...

Self Reflection Based on Personality Type on Job Application

an academic major contributes to the choice of a career plan. I will prefer one business Administration, business Management, Economics, and Administrations because one of these majors will assist me realizing my career goal. However, by rating these majors based on their scale of preferences, business Administration is rated the top because the course will equip me becoming a successful executive leader. Works Cited 16 Personalities. Executive Personality (ESTJ, -A/-T). NERIS Analytics Limited. 2017 Continue Reading...

Solow Growth Model and Unemployment

The concept of the business cycle is that the rate of growth in an economy will shift over time, but in a more or less repeatable pattern. The structure of the pattern is, roughly, that economies will grow quickly, then a turning point will occur and the economy will turn into recession. After a trough, the business cycle will begin anew with a fresh period of growth. For most Western economies, characterized by rising populations, intensive resource exploitation and continuous technological improvements, are on… Continue Reading...

Globalisation and Business Cultures and Practices

Globalisation Led to a Convergence of business Cultures and Practices? Globalisation, generally defined as the economic, political, and cultural convergence of the world, is undoubtedly a major hallmark of the modern world (French, 2010). The world has increasingly become interconnected in terms of economic activities, communication, technology, social aspects, as well as politics. Indeed, the once diversified and distanced world has converged into a small global village because of globalisation. Globalisation has led to the interdependence of not only politics and economic activities, but also culture (Grewal, 2008). Cultural convergence is now… Continue Reading...

Analysis Of Zain Telecommunications Kuwait

the fourth biggest mobile operator around the globe in terms of geographical presence, business operations in 15 African countries and 7 in the Middle East. The project endeavors to help the students to ascertain the conflicts that come about between the shareholders and the company management. In addition, the project will encompass significant and fundamental financial ratios, which will help students to analyze the company over the past three years and analyze the manner in which each ratio has altered over this period. This will make it possible to have a better understanding of the financial performance of the company… Continue Reading...

Virtual Teams As a Business Solution

boost or at least maintain team productivity (Trautrims, Defee & Farris, 2016). business problem to be addressed is staffing and retaining a department that is diverse and effective (Bartelt & Dennis, 2014). The specific business problem is keeping the best and avoiding people that do not help a team excel. The answer to the problem just espoused is the embracing and use of virtual teams. The upshot of virtual teams in a modern technological and business context is that businesses are able to deliver clear benefits to the employees in the form of less or no travel and work flexibility… Continue Reading...

Big Data Is Here to Stay

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, an… Continue Reading...

Supply Chain Balanced Scorecard

..... business world is filled with a multitude of work environments that demand quick and effective responses. That is why one of the key ingredients for any successful business is the ability to gain competitive advantage via leveraging of performance-based measurement. To maintain high productivity levels and employees, make customers happy, and increase profits, a company must recognize and understand its weaknesses so it can improve general performance. Assessing performance gaps and planning initiatives to address any identified performance problems should be priority for organizational effectiveness to remain… Continue Reading...

Activity Based Costing

need to take into account the management control effect and cost measurement. References Bendrey, M., Hussey, R., & West, C. (2003). business. Cengage Learning EMEA. Cokins, G., &Capusneanu, S. (2010). Cost drivers. Evolution and benefits. Theoretical and Applied Economics, 8(8), 7. Gill, S. (2015). Cost and Management Accounting: Fundamentals and its Applications. India: Vikas Publishing House. Hansen, D., Mowen, M., & Guan, L. (2007). Cost management: accounting and control. Cengage Learning. Heisinger, K. (2009). Essentials of Managerial Accounting. Ohio: Cengage Learning. Lal, J. (2009). Cost Accounting 4E. Tata McGraw-Hill Education. Way, J. (2017). How to Determine Cost Drivers. Chron. Retrieved from: http://smallbusiness.chron.com/determine-cost-drivers-40992.html… Continue Reading...

Marketing Tools for Business Strategy

is reshaping how companies approach marketing, especially where small and medium sized businesses are concerned. Such entities now have access to enterprise-level technologies at a fraction of the price, and that is allowing smaller companies to be more nimble in terms of their marketing efforts. The reality is that these external environmental changes are a fantastic opportunity for progressive companies that can move quickly, but they will also leave other companies behind. The issue of social change is a bit trickier. There is some evidence to support the idea that millennials respond differently to social media… Continue Reading...

Leadership and Ethical Decision Making Scenario

has been crucial towards creation of business contracts between UWEAR and Peninsula. Actually, one of the considerations for Joe when determining whether to accept the invitation or not is the nature of their relationship with Bill. The other stakeholders are UWEAR and Peninsula whose business interests have played a crucial role in previous and current contracts or business deals between the two companies. In this regard, Joe's decision requires consideration of the business interests of UWEAR and Peninsula and its potential impact on the operations of these two companies. The situation Joe is… Continue Reading...

Americana Group

in the year 1963. It started out with a small number of traditional business activities in Kuwait and has since gone ahead to substantially grow and become the largest food company in the Arab World as well as the Middle East expanse. Initially, the Americana group was a family-owned company by the Al-Kharafi family. The owners have an international business interest portfolio that takes into account food, finance, oil and gas, real estate and telecoms. However, in 2016, the Al-Kharafi family sold almost 67% of its stake to the Adeptio group, an investment group led by Mohamed Alabbar for… Continue Reading...

Carrier Hvac

class regarding the function of procurement and e- business as well as any other credible sources that you have researched such as other course knowledge or job experience. (Value: 10 points) The main reason that they should keep things internal and not embrace the more open source model is because of the level of customization and complexity that Carrier has. While embracing and using an open source model might be attractive in terms of interacting with other companies and using the same model that they do, it is extremely unlikely that any open source model is… Continue Reading...

Debt Versus Equity for Start Up

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 first mover advantages. That means… Continue Reading...

Healthy Meals Delivered to Elderly

a crossroads that exists where many factors come together in an intersection in which many social changes are present. The business model that is being proposed in this report consists of developing 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 need for a sustainable food service model that focuses on meals that are easy to prepare, nutritionally-balanced, consistent with dietary requirements, and affordable is especially relevant to a vulnerable population like the elderly who, in many cases, has difficulty in maintaining a proper diet.… Continue Reading...

Traditional Costing and Activity Based Costing Approaches

The outcomes of the study indicate a significantly high usage of ABC costing systems amongst the companies, especially the business operations in the Riyadh expanse of Saudi Arabia. In particular, the study reveals that approximately 94% of the participants employed the ABC costing system. In addition, the research indicates that the system was relatively equally common amid managers at the top-most, middle, and bottom-most level. Correspondingly, the ABC system was being implemented in just about all the corporations comprising of well-known firms such as SABIC and Almarai. Furthermore, research indicates that the ABC costing method was prevalent amongst corporations having… Continue Reading...

Martha Stewart Omnimedia Corporate Governance Case Study

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 several… 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 years, and as of… Continue Reading...

Management and Operation Consulting for Google

Operations Consulting Proposal for Google Organizations in the current business world face a considerable range of challenges that threaten their performance. These challenges include competition, constantly changing consumer needs, and technology among others. In response to these, businesses are required to embrace business models that will ensure the competitiveness and performance of companies in their markets. The following study examines the problems that Google experiences and the strategies it requires to adopt change for it to remain competitive in the industries it serves. To achieve this, Google's business model… Continue Reading...

Krispy Kreme Case Study

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 the intense… Continue Reading...

Requirements for an Information System

the process 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… Continue Reading...

Control As Function Of the Management

challenged. As the definition puts it, the aspect of control 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… 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 when the… Continue Reading...

Analysis Of Kimberley Clark Sustainability Report

periodic sustainability report, and the last one was produced in 2015. The production of these reports is voluntary 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… Continue Reading...

Need for Cultural Change at an Organization

an organization is required to restore or regain cultural and business continuity for all involved. While upholding the proper amounts of cultural sensitivity can be taxing and expensive, there are situations where it is needed and the proper models to create and shape the same should be used. Analysis As noted in the introduction, there is often the need for a cultural shift when it comes to ongoing operations and the patterns that are used when it comes to the same. In this case, the organization is a global healthcare group and there has been an expensive yet necessary… Continue Reading...

Group Dynamics and Teams

submitted to the management in six weeks. Led by the head of business development, the team comprised personnel from various functions across the organization, including sales and marketing, research and development (R&D), procurement, and finance. Reflective Observation The team experience was one of a kind for me. It was my first time to work in an inter-functional team. I had worked in teams before, but I had not directly collaborated with individuals from departments other than mine. For me, working with staff from other departments made the task appear much easier. There was morale, enthusiasm, moral support, cooperation,… Continue Reading...

Building an Internal and External Networking

objective of 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… Continue Reading...

Factors Influencing Market Entry and Exit Decisions

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 instance, a… Continue Reading...

Sexual Harassment in a Workplace Organization

our entire society, associated with the common good" (The Importance of business Ethics: Chapter 1, n.d. p. 22). The ethical principles that made me feel compelled to take action in this case were based on the ethics I had learned through a variety of channels -- reflections of social values, family, school, and religious beliefs. In every one of these circles, I had always been taught that women deserve respect and not harassment. Therefore, I felt that the source of my ethical values was aligned with the society around me, which also taught… Continue Reading...

A Company Ratio Analysis

financial health. The result of the profit margin shows that the 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… Continue Reading...

Leadership and Ethical Decision Making

business operations, we need to, at all times, ensure that we are complying with the regulations and laws that apply to us. These should include, where suitable, the regulations of self-regulatory companies like the NYSE or FINRA, which the Firm belongs to (Jefferies Group LLC, 2017). Companies that are successful in combining their intangible assets are expected to give higher returns. Nevertheless, the struggles that come with the combination of intangibles such as human learning and understanding, rather than physical… Continue Reading...

The Uses and Importance Of Benchmarking

.....competitive business environment, benchmarking is an essential step in staying ahead of the competition while also addressing internal weaknesses and threats. business benchmarking processes were first formalized by the Xerox Corporation in 1979 (Kelessidis, 2000). Formalized benchmarking involves picking specific performance measures or factors, analyzing competitors, comparing one's own performance on those measures with competitors, and making adjustments accordingly. However, informal benchmarking has long been a part of business operations because of the natural need for business owners to take stock of what competitors might be doing better. Some… Continue Reading...

Relationship Marketing

as it will be affordable to all (Visram et al., 2016). SWOT Analysis SWOT analysis is a business tool that facilitates the analysis of a business by determining its strengths, weaknesses, opportunities and threats. The following is an illustration of Bubbly Energy Drink's SWOT analysis. Strengths 1. The energy drink will not have any caffeine, additives, and will also provide the energy boost required. 2. Bubbly energy drink will be cost effective and will be affordable to all consumers. 3. The energy will serve all consumers, including children and pregnant women as its constituents are healthy and safe. 4. The energy drink… Continue Reading...

Theory Vs Practice Explained

the 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… Continue Reading...

Horizontal and Vertical Analysis

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 yet been created, presumably because billing… Continue Reading...

Hrm Leader

in the end on their bottom line (Hamdani and Buckley, 2010). The actuality of diversity in the present business setting cannot be over emphasized. However, it cannot be assumed that when a company cultivates and develops diversity programs that it automatically bring success. It is imperative for the bank branch to understand that diversity is linked with both positive and negative effects. The latter consist of absenteeism, conflict, turnover, as well as lack of collaboration and cooperation. The main objective is for the bank as an organization to follow the approach of innovation or differentiation as this can lead to… Continue Reading...

Launching a Car Rental Company at Okc Airport

paper provides an overview of the U.S. car rental market and a description of the basic business model that will be used by the new car rental enterprise which will be known as Stardust Car Rentals. In addition, a description of four performance measures, data collection methods and how the data will be used is followed by an outline and analysis of two cost-benefit decisions that will have to be considered. A discussion concerning two possible approaches for achieving and sustaining a competitive advantage is followed by an assessment of the immediate competition in the Oklahoma City car rental market… Continue Reading...

Performance Management Review

of issues concerning performance management, and especially aspects such as performance reviews. For instance, if 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 provide proper and detailed… Continue Reading...

Humana Care Delivery for Patients

fill prescriptions. As a result of its diverse businesses within the Humana umbrella (which also includes health insurance coverage), patients can turn to Humana for a number of health care delivery options. If they are in the states of Florida, South Carolina and Texas, patients can use the Humana operated primary care facilities to obtain quality care. Humana health insurance customers can use the Humana online portal to look up physicians in their own states that the insurance provider will cover. This is a way that Humana offers referrals. The places where Humana directly treats… Continue Reading...

Ethical and Legal Considerations Intellectual Property and Product Safety

business operations are deemed viable of they succeed in establishing conditions that guarantee safety for its product consumers. Specified standards are applied by business entities to attain such viability. These considerations are critical in product safety, intellectual property, and marketing in general. If a company or business entity violates any of the aspects mentioned, it stands a high risk being caught in a web of ethical and legal complications that might destroy it. PhamaCARE finds itself in such a precarious predicament owing to its blatant violation of a… 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.… Continue Reading...

Importance Of Being Tentative

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 is possible to over-analyze… Continue Reading...

Redskin Illegal or Racist

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… Continue Reading...

Legalshield Pre-paid Legal Services Essay

entire array of issues that typically confront individuals, families and small businesses (Jackson, 2007). One company that was in the vanguard of offering pre-paid legal insurance is LegalShield, formerly named Pre-Paid Legal Services of Ada, Oklahoma (About us, 2015). Founded in 1969 by Harland Stonecipher, this company has grown to become an industry leader in the pre-paid legal insurance industry today. To determine how this company achieved this level of success and the competitive environment in which it competes, this paper reviews the relevant literature to provide an overview of LegalShield using Porter’s five forces framework, followed by a… Continue Reading...

Supply Chain Management and Logistics

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, logisticians are concerned with theft… Continue Reading...

Issues Of Contemporary Logistics in Handy Andy

not? A well designed customer service that is satisfactory is essential in business progress. Customers are driven by the satisfaction of their need from the market. In the scenario, indeed, there is a customer service problem. For the first reason that the customers are not supplied with homogenous products across the market of the Handy Andy company. Some customers are charged more for similar products sold at lesser prices in different states. This can bring customer-company mistrust which is not good for success of business. The second issue is that the personnel handed the responsibility of installing the acquired compactor… Continue Reading...

The Community Aspect Of Business

Orr, 2017, p. 4). In Denver, this process was much less organic and had a more business-type feel: everyone was hired to do a job; the love of labor and bond of family that helped to establish the Wurstkuche in an up-and-coming district was not there the same way it had been in L.A. The environments were different, and thus the outcome was different. Every place has its dynamic, its own needs—and Wilson and Pitruzzelli were able to see that in the Arts District, mainly because Wilson went to school nearby and was aware of a need for a… Continue Reading...

Theory Of Competitive Advantage

Strategy Formulation” is about exploiting an organization’s internal resources to propel its business model. The author explores the concept of how by simply assessing and becoming aware of a company’s resources, organizations can use that material to optimize their competitive advantage. The author details this information from a scholarly perspective in which he reveals that this approach was a long neglected one for strategy. Originally, organizations simply focused on the external environment and how best to adapt to it as the core of their strategic endeavors. He alludes to the fact that this tendency… Continue Reading...

Applying the Five Forces Of Competition

my organization is that our business model must be willing to adapt. The cardinal point of Porter’s five forces is that what has worked for a business today might not necessarily do so tomorrow because of the effects of buyers (or readers, in our case), suppliers, substitute products and services, and existing rivalries. Thus, our financial strategy is affected by those forces by pushing us to exploit our current business approach of educating the market regarding IT methods, while vigilantly monitoring the competitive landscape for additional revenue streams. Those same five… Continue Reading...

Net Present Value Project Evaluation

the project and how I would justify my decision. Discussion It is important to note, from the onset, that businesses must ensure that all decisions made with regard to investments are sound. This is more so the case given that in addition to most projects requiring significant capital outlay, once a project commences, it could be quite expensive (or in some instances impossible) to abandon midway. The relevance of making sound investment decisions cannot, therefore, be overstated. To determine the viability of projects, and hence make a business case for such undertakings, there is need for a deliberate screening process… Continue Reading...

Financial Statement Analysis Of Verizon

companies in their own right, with similar businesses, in particular in 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… Continue Reading...

How to Respond to the Emotional Needs Of Others

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… Continue Reading...