Business Essays

I have been able to apply the acquired knowledge in appropriate scenarios. This has helped me with the skills to identify the problems in a certain scenario. This has also helped me to apply the information available to me. This has been enhanced by reading Cohen’s chapter which has equipped me with skills and ethics about business.  

The company should have had better management strategic plans. The management should have been cautious of and not rely on last minutes plan but rather have strategic plans in relation to anticipated problems. At the pick of such a crisis, the external and internal modes of communication from the company to the public and media should not be confusing.

Silk was sold for its weight for gold during the Roman Empire. Research indicated that the Chinese tame silkworms and fed them with mulberry foliage (Whitfield, 1999). The silkworms were important in that the Chinese unwound the silkworm's cocoons to produce long strands of silk fibber. History indicates that silk is one of the oldest materials to humanity.

Moreover, about 80% and above of the McDonald’s restaurants are operated and owned by independent local businessmen and women. McDonald's aims to become a place of customers’ choice, where they can eat and drink through a service of core favourites including the world-famous fries, quarter pounder, big mac, and chicken McNuggets (Mieth, 2007).

BI and Analytics tools are essential for an organization to achieve its financial as well as operational goals. This is through the availability of comprehensive tools for data analysis which makes it easy for employees to have knowledge of their working environment, business processes as well as their applications. 

Attention has been described as an allocation of mental resources, cognitive or visual, to conceptual or visible objects. Besides that, the attention economy advances a marketplace where consumers’ attention is exchanged with services. In the epoch of web 2.0 technologies, online users, and consumers are offered information on various topics, in what Lanham terms as information overload.

Modern crises are mostly related to such aspects as corporate misdeeds, product tampering as well as natural and environmental failures. It is for this reason that organizations should devise and implement effective crisis management strategies as a way of ensuring that operations continue to run smoothly as desired (Coombs, 2004).

Oracle BPM Suite 12c is the industry’s most complete, unified, and social BPM solution that helps businesses to manage and plan their overall architecture. Its release in the market will enable the organizations to adapt quickly to the dynamic business needs and enhance the time value of the new processes.  

Different organizations have different structures based on the size, type, and functions that are carried out in the organization. The structures give different authority levels and help in running the organization. Furthermore, organizations have visions, missions, and strategies to guide them in their daily operations and give perspective to the organization.

Australia is the first country outside Japan in which Toyota made vehicles; as a result, the business fought hard to keep its Altona running. Generally, the three automobile brands have a deep history in Australia and have assisted the country to shape its culture (5). After 91 years of operations, Ford managed to shut down both Broadmeadows and Geelong factories.

A case in point is that of Holden in the year 2012. Although the ground on which the financial situation of Holden stood was shaky, workers' activists continued to pressure the company to honor a pay deal they had struck, further submerging the industry into more economic stress. The firm was not economically stable at the moment.

According to Valadkhani (2016), the exit can be traced back to 1992 when Nissan left the market. Mitsubishi exited in 2008 and Ford, Toyota as well as Holden are expected to exit by 2017 Kohler (2013). Before the collapse, the sector had employed 8.5 percent of the Australian total workforce which amounts to more than a million workers.  

The reason for their closure was not that simple because if it was such simple, the industry might have been saved. However, the car industry in Australia has grown so that smaller companies are relying on each other survive. The Federal Government's failure to regulate tariffs and currencies, the unions, and the lack of more advanced technology are some of the parties.

Today, many associations are being formed to satisfy the needs of their members. Basing on the needs of its participants business association effectiveness depends on its ability to attend to the needs of the participants e.g., Australia bankers association and steel & iron industry association.

It is very easy to run a restaurant. This is because they cut the costs of doing jobs manually and also save the time that is taken to attend to one customer. The restaurant industry is also becoming modern and technology plays a great role in this. It is therefore very necessary to ensure that the technology is up to date.

There have been drastic changes in the airline market on both the demand and supply sides. These developments show a marked difference from those in other industries because unlike the rest of these industries, the changes in the airline industry have not been driven by technological factors, but also by cultural, institutional, and legal developments.

The developer is required to acquire an occupation certificate from the council before the building can be occupied. Nonetheless, for an occupation certificate to be issued, all compulsory inspections must have taken place as well as the final inspection. In addition, the completed work must have met the conditions of development approval.

This has forced the airline industry to undergo numerous transformations.  New kinds of airlines, for example, low-cost carriers, have been introduced in the market. Moreover, the airline industry has been restructured through take-over, mergers, and alliances across various business models. 

ECommerce is the application of electronic devices in buying and selling products. Many organizations have applied eCommerce in their operations and as a result, they have managed to reach customers in the wider market. however, there are ethical and legal issues associated with the adoption of eCommerce and they include.

It is the employees who produce good products and services to satisfy customer and societal demands and make them come back and buy more. The shareholder value can only be improved when the customers buy more products or services. Therefore, managers must allow participation, and democracy and do away with the notion of capitalism.

conflict of interest exists in many industries and particularly in the medical field. Many professionals commit unethical practices because of their secondary interests. Medical professionals were bribed in the GSK case and in the DePuy case paid hefty royalties in order to unethically represent these big companies.

It is the responsibility of corporations to consider and rectify the social impact resulting from their business activities, but they fail to do so successfully because of the demands of the capitalist economic system. This is because businesses require to focus on revenue generation and they have to compete with other business firms.

A mutual accord in the international business literature is that business has increasingly become more globalized. Nonetheless, it is not only businesses that have become more globalized but also people who have become more global. As a result of increased globalization, cultural diversity is a common phenomenon in organizations.

CSR is an active undertaking in any organization. Leaders of any entrepreneurial activities should ensure that employees abide by ethical and moral rules. This is to ensure that all the operations in their organizations work smoothly and for the betterment of society as a whole. The management should make sure that everything is right.

The major drivers for ICT with regard to organizational strategies have previously been considered as standardization and efficiency in the business process of an organization such as invoicing, stock management, and production. Generally, little attention is always paid to processes involving customers.

Talent acquisition is another duty performed by CSR to aid in society development (Maimunah, 2009). Businesses with a good CSR reputation can make use of their status, as well as make their appeal stronger by making their commitment a component of their proposition value for prospective candidates. CSR also assists in protecting the environment.

The mainly integrates skills such as comparison, classification, sequencing, webbing, analogies, and forecasting. It might involve deductive and inductive reasoning, planning, critiquing, and developing hypotheses to find a solution. While thinking critically, a person tries to come up with something new which has not been in existence.

Target Company is one of the leading Merchandise corporations in the United States.  Additionally, this incident happened immediately after the Christmas gifts bagging and scanning, and the malware stepped in immediately when an individual is asked for a swipe by the cashier.

The paper “Importance of Business Ethics to Organization, Contribution of Ethics Theories to Good Management”  is a  motivating example of an essay on business. Normative ethics suggest some principles for characteristic actions that may be both right and wrong. These principles are divided into two categories known as Consequentialist and non-Consequentialist.

The company benefits from its unique workforce through the integration of more than 80 nationalists and speaking more than 20 languages. The central focus of Airbus lies in human talent, hard work, and vision that keep the company as the leaders in the highly competitive market. With more than 55,000 workers originating from more than 80 countries, the company enjoys cultural diversity, which is its key to success.

There exist inherent differences between intrapreneurship, entrepreneurship, and social entrepreneurship within creative industries. Intrapreneurship refers to the practice of coming up with novel ventures within existing organizations in order to exploit novel opportunities and generate economic value (Parker, 2011).

Resources indicate that firms are already laying down newer strategies to survive the harsh economic times. Some companies are more affected, and these are closed already up to a further date when things will probably get better. The few surviving companies are forced to introduce remote working in their system to ensure continuity of operation

In general, entrepreneurs are people who on seeing an opportunity will amass and marshal resources with an aim of exploiting that opportunity. Entrepreneurs have also been called innovators, pioneers, risk-takers, and visionary. It is also believed entrepreneurs have a knack for creativity and are intelligent (Link & Siegel, 2007). 

When dealing with some of the products quality is indistinguishable beforehand by the customers. In most cases, the customers may end up refusing to pay for the product if it does not meet their needs. This is mainly attributed to the lack of adequate information. In such incidences, the buyers may be required to upgrade their products.

The primary data will be acquired through the administration of questionnaires that will be well-structured to assist the researcher in collecting the necessary data for the research Also, interviews will also be used to obtain the necessary information concerning motivation and how motivating workers influence performance.

This review has presented the views of different kinds of literature on the concept of crowdsourcing. Crowdsourcing is considered a problem-solving tool that is used by companies to reach out to wider knowledge. Companies are able to solve operation costs quickly. The concept of crowdsourcing has played a fundamental role in boosting competitive advantage.

To realize economic sustainability, enterprises must execute a trident strategy that involves shifting toward business models that favour and generate shared value. In this sense, enterprises should focus on charitable donations that build up CSR and adopt a sense of purpose that conserves the ecological systems in which the said business operates.

Thus, it mostly aims at being diversified. When other businesses join them, they should consider the strategies put in place by the corporation. The corporative aims at making contributions to the efficiency, competitive advantage, and profitability of the other businesses that have joined them.

A share-based payment refers to a transaction in which the business receives goods and services when they are considered to be for equity instruments or when incurring amounts of liabilities.  A share-based payment is based on the price that is associated with the entity's equity or the other instruments which are used in the business.

The article Dynamic Capabilities: What are they? focuses on this concept of dynamic capabilities specifically and generally the organization’s resource-based view. The article states that the resource-based view or RBV is a relatively influential theoretical framework for internalizing how such an advantage may be viably sustained over time.

The profile of business has changed dramatically throughout the years. Technological advancements dominate the shift in business strategies of many firms and made traditional business models obsolete. Upheavals wrought by these developments have forced many corporations to restructure and seek new directions.

I have chosen a company for purchase stocks are quite popular in their respective field and the prominent company is the Procter & Gamble Company which was integrated into Ohio in 1905, having been built from commerce established in 1837 by William Procter and James Gamble. Today, the Company producers and markets a wide range of consumer products.

Throughout the ages, the weaker sections of the society have only made their voices heard when they get united against the suppressor. Industrial labors for years have been suppressed by the factory owners. Suppression and poor working condition led to the formation of Unions which demanded their rights collectively.

The JV brings complementary strengths to the table. BBCL brings in a high level of IT expertise while El Dorado brings with it a vast experience in civil engineering services. While BBCL brings in a tremendous knowledge of the local Government and regulatory practices, El Dorado brings in a sharper commercial acumen. 

In an increasingly competitive modern age, where competition drives the entire business world, myriad factors influence the operations in the business fraternity. The business environment is indeed inundated with waves of issues that totally define the nature of operations. This mix translates to what is referred to as the business environment.

Our strong team of experts as well as the experience we enjoy in the industry will play to advantage in ensuring that the work is completed within the appropriate time and within a limited budget. Basically, other than streamlining processes and functions, the system we propose will ensure that staffs are economically used

Even though many laws have been established by the government, such as the Sexual Offences Act 2003, Asylum and Immigration Act 2004, and Coroners and Justice Act 2009, in order to prevent modern-day slavery and human trafficking in the UK many agencies still argue that the government’s efforts to prevent slavery is minimal.

The theoretical structure of social responsibility is appealing and can successfully apply the importance of social responsibility along with their solid design and implementation because it not only advances the community by performing flexible business performances but lays an adequate foundation for the survival and growth of an organization. 

s the arrival of foreign investments to boost their economic condition and transfer of knowledge and human capital in the country by providing financing facilities and tax-free incentives to the FDI’s. The manufacturing industry is the keen recipient of FDI in emerging and developed economies due to operational facilities and value chain centers.

Though there are other factors like social pressures and the increasing presence of ethics-conscious consumers, yet it is not possible to make all companies be just in their activities through self-regulation. This is so because, from history, it becomes evident that companies are basically prone to engage in unethical activities that increase profit.