Nobody downloaded yet

An Intro to Business Studies: Globalization, Competition, and Management - Assignment Example

Comments (1) Cite this document
The goal of the assignment "An Intro to Business Studies: Globalization, Competition, and Management" is to discuss the aspects of contemporary high-level management of the business organization. The writer uses the case of Arena Flowers for illustration purposes…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
An Intro to Business Studies: Globalization, Competition, and Management
Read TextPreview

Extract of sample "An Intro to Business Studies: Globalization, Competition, and Management"

Download file to see previous pages The company can improve upon the identified threats to become proactive to the situations and add to its competitive advantage in the market. The primary threat identified for the company is from its competitors. Hence, the company can think of expanding its businesses in places where the competition and could easily win the market share there. The company needs to device a strong and diverse marketing strategy to promote and advertise its business which would ensure that it would be able to increase its brand significantly. Efficiency could be achieved in its business operations if the job responsibilities are delegated to all the employees in an effective manner. The company needs to use the latest technology available to design its inventory management system through effective future forecasting of the future sales demand for its products. In order to achieve its goal of becoming one of the largest companies in the industry, it needs to have a competitive advantage which could be achieved through strengthening its core competencies and investing more on research and development to innovate new products that could attract a large number of customers to buy its products. The focus should be on recording pre-tax profits rather than after-tax profits to be able to attract prospective investors to invest in the company. All these initiatives can help the company to achieve its objectives and build up a sustainable business. Question 1 (b) Factors Influencing Organisational Culture is an important aspect of analyzing a business organization. In the context of Arena Flowers, various factors can be identified which acts as a driving force in developing the cultural environment observable within the company and the business activities carried on by it. One of the major factors influencing the culture of Arena Flowers is the influence of its co-founder Mr. Wynne who is observed as having a dominant character. Most of the activities carried on by the employees of the company are found to be driven by the management style as possessed by Wynne. Apart from this the type of industry in which the company is operating its business is also found to have an impact on Arena Flowers. The completion in the industry is high and is causing concern for Wynne and his organization. Hence he is thinking of expanding his business in a big way to have a competitive advantage in the market and become more profitable in quick time. Company expectations are also an important factor of the organizational culture of Arena Flowers because it was able to generate unprecedented sales in the recent Valentine’s Day and has thus created a high expectation that the company can become one of the leading companies in the industry. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“An into to Business Studies End-of-Module Essay”, n.d.)
An into to Business Studies End-of-Module Essay. Retrieved from
(An into to Business Studies End-of-Module Essay)
An into to Business Studies End-of-Module Essay.
“An into to Business Studies End-of-Module Essay”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
cschaefer added comment 11 days ago
Student rated this paper as
I had an issue with a assignment types of works. All until I came across this website and this particular essay. Even though "An Intro to Business Studies: Globalization, Competition, and Management" is far from my studies, the structure is so great that I use it all the time as an example for my own works.

CHECK THESE SAMPLES OF An Intro to Business Studies: Globalization, Competition, and Management

Intro to Trauma Studies

...?Introduction Those who suffer for traumatic or disasters end up having trauma that they have to deal with in their lives. This affects them both psychological and socially. However, there are ways such people can be helped to cope with their situation. Disasters occur in different ways. The following paper examines three different acts that can result in traumatic situations. Terrorism Terrorism has occurred throughout history. However, these days the world is experiencing a global renewal of attacks. Terrorism no longer affects a particular society or country as before, it is now unleashed on any part of the world targeting innocent victims. Throughout the world terrorism has continued to be a leading menace due to its...
3 Pages(750 words)Essay

Intro To Business Management Exam

...? Intro to Business Management Exam Contents Contents 2 3 2. 4 3. 5 4. 6 5. 7 References 8 It has always been acknowledged and believed by manypeople around the globe that the times of recession or slowdown times of the economy actually provides the best time and platform to venture into the process of entrepreneurship. The founder of the Virgin empire, Richard Branson strongly believes that the recession times are the best time to start entrepreneurship ventures since the multiple barriers comprising of legal, economical policies and frameworks that entrepreneurs has to overcome in normal times, are increasingly low (Stokes & Wilson, p.38). Also, a lot of opportunities emerge in the...
4 Pages(1000 words)Assignment

Intro to business

...of the person. Personality tests are used nowadays by companies to ascertain of the person can fit into the right job. The Jung Typology Test gives the manager a good insight on how the prospective employee interacts with other people. If I were hiring for a customer-service oriented job, I might not prefer to hire introverts with a high score since they may not be able to handle complaints well. Their performance behavior may suffer since they get stressed out easily by interaction. Although, it actually depends on the industry when using these assessments. If I were to hire a programmer, then I need to have one who has a certain personality type. One who needs not much interaction but would rather be left alone doing...
3 Pages(750 words)Essay

Intro to business

..., a thorough competitive activity, industry costs and capital structure, all achieved through a systematic approach and healthy business practices. Its journey from Seattle to other parts of the United States and then rest of the world is said to have begun in the 1990s (Starbucks Coffee Company, par.1). Although Starbucks’ main products include a variety of coffee, they also provide food services within the same outlets. Their main business objectives include production of high quality product, aim for customer delight, ensuring utmost employee satisfaction and strategic business performance. Operating in multiple locations across the globe requires a great deal of...
2 Pages(500 words)Research Paper

Business and management studies

...), 186-201. Ulrich, D. (1997). Measuring human resources: an overview of practice and a prescription for results, Human Resource Management, 36 (3), 303-320. Wan, D., Ong, C.H., and Kok, V. (2002). Strategic human resource management and organizational performance in Singapore, Compensation Benefits Review, 34(4), 33-42. Wattanasupachoke, T. (2009) Strategic human resource management and organizational performance: a study of Thai enterprises, Journal of Global Business Issues, 3(2), 139-148. Welbourne, T.M. and Andrews, A.O. (1996). Predicting the performance of initial public offerings: Should human resource management...
2 Pages(500 words)Thesis

Intro to business

.... Arguably, retailers often face a fast-expanding, multi-pattern competitive set that deprive them the opportunity to realize where they are heading. Wal-Mart as one of the leading companies in terms of sales may face quite a range of challenges once it runs significantly smaller stores. Change in technology and use of new technological skills will be a challenge to smaller stores (Roberts and Berg 148). Customer service becomes a problem and incompetent to the consumer. Moreover, too many stores may lead to frequent price-cutting that may lead to low profit margins and unreliability to the customer. It is necessary for a business to expand in order to meet the consumer’s needs and wants. Running...
2 Pages(500 words)Assignment

Intro to business

...Introduction to Business Why is the development of the new transformation process GTL (gas-to-liquids) so important? The development of new Gas to liquid transformation process is required because the existing process is an indirect one. In the present process of transformation (Fischer-Tropsch technology) the natural gas is first converted into “syngas” (carbon monoxide and hydrogen combined). This is later on followed by the reaction to liquid fuels. The second reason is that the existing methods are far more expensive than one could imagine. Engineers all around the world are working to come-up with new and direct method of converting the natural gas into liquid. Recently, Texas A&M University’s research team has...
2 Pages(500 words)Assignment

Intro to business

... Introduction to Business Why is working at home a challenge to many employees? Many employees desire working from home because of the comfort related therewith. Working from home translates into an employee being free to work under no supervision based on a personalized schedule. However, there are many consequences that come with working from home. First, the individual decides on what to do free of any supervision; therefore, there is a lot of independence. This freedom can be considered as double-edged since all the tasks are to be decided by one person. Failure of proper self motivation and organization leads to delays in completing the work. Secondly, the difference between home and workplace environment loses meaning among... sharing...
2 Pages(500 words)Assignment

Intro to Business

...that improve their lives and are good-looking. The company also has a strong and loyal fan base that led the company through the recession. At the same time, the company’s promise to repair and replace clothes that do not meet customer satisfaction enabled it to retain and attract customers during the recession and thus its success (Martín 1). Ultimately, the company had a good management which ensured that the company has no debts (Wang 1). As such, it was able to offer credit facilities to the wholesalers thus boosting its sales during the recession. Works Cited Carus, Felicity. Patagonia: a values-led business from the start. 17 July 2012. Web. 24 August 2013. <...
2 Pages(500 words)Assignment

Intro to religious studies

...from all walks of life together and eradicate the animosity that is escalating within people due to different religious beliefs. Olowun religion does not have a sacred book such as the Bible or the Quran. This religion has survived through generations by a way of sacred stories referred to as hadin. Hadin consists of the many religious teachings which are told as parables and proverbs. Olowun has survived as an oral religion used as a reference by village elders and leaders who have studied and memorized them as part of the Olowun religion training. The hadin teaches followers of this religion how to conduct their worship such as prayers, rituals, and ceremonies. Prayers are directed to the Ogajin through the otushin;...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic An Intro to Business Studies: Globalization, Competition, and Management for FREE!

Contact Us