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Strategies of BHP Billiton Limited has three strategies;
Building on its diverse reserve base and ensures that the best practices are shared quickly across its operations
To maintain a steady pipeline of Greenfield projects for its internal growth
To help increase its pipeline by staying close to its customers (Hansmann, Mieg & Frischknecht 2012)
The Shipping industry today is the world carrier of our goods from one continent to another. It is estimated that more than 90% of goods are transported by sea. In the 1990’s, it is estimated that some 31btm of cargo was transported by air, 3,853btm by rail and some 12,056btm by sea making sea transport the most widely used means of transportation (Martin, 2005, p. 8).
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The market should be restructured to prevent an economic recession. Governing bodies and regulators should take proper measures on the purchasing power of the common public. The governing bodies should invest in the customers than investing in the producers or suppliers to prevent an economic recession.
Policy initiаtives hаve plаyed а centrаl role in the economic development: mаny countries hаve gone further thаn simply removing bаrriers to inwаrd multinаtionаl firms аnd hаve tаken а more pro-аctive аpproаch towаrd аttrаcting multinаtionаl firms to enter the mаrkets of developing countries through the use of fiscаl аnd finаnciаl incentives.
The concept of Corporate Social Responsibility has gained prominence during the contemporary period as there is growing concern that the organizations are supposed to be accountable for the impacts of their operations. Thus, it can be seen that in recent years, a number of tourism-related organizations have begun to integrate and embed CRS.
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Implementation of the regression model discussed in the earlier section yielded the regression statistics in Table 2. Table 2 was computed using the latest version of Gretl, an econometric software. Some of the independent variables in Table 2 indicated a high correlation with the other independent variables.
To make innovations, the company always tries to modify its products with a view of ensuring that the products satisfy the clients and improves their performance. The ease of using and handling of the equipment made by the company is also a source of innovation. Before a new product is launched some procedures are usually followed.
Competitive advantage is located in “learning organizations”, “brain-based organizations”, “intellectual capital”, and the “economics of ideas”. Knowledge has assumed this centrality in conjunction with sweeping changes in organizational forms and the dawning post-industrial and information revolutions.
Misrepresentation also may not cause problems because it will have to be proved by the customer that the slower processor was instrumental in causing the loss of business and lower income for the company. But it should be noted that the reputation of Ace Computers is at stake here and hence a compromise be attempted before taking on Stevens.
In general, the state sovereignty principle, which essentially endows a state autonomy and independence in steering the direction of the country, gives the host-state the prerogative to implement regulatory policies that can limit and define the conduct of international business within its territory.
The paper "Fly Emirates Business Model" is a perfect example of a case study on business. This report gives a brief of the fly emirates business model and the report has also focused on the evaluation of the organization from a wide perspective. There is an analysis carried out on the airline business Emirates evaluating its fit.
Mr. Kenyon identified the reliance on a single client would possibly lead to business failure. This became a source of motivation for the organization. The company started to experience growth which was more rampant in the early 2000s. The growth in revenues flopped in the year 2009. By 2010, most workers were more experienced in their areas of specialization such as logistics and business units.
The UPS Foundation, the charitable arm of the United Parcel Service should function with vigor. Through that foundation, the employees as a first step, toward foolproof Corporate Social Responsibility, should live and work in the communities they serve. This is because they can learn and understand, where help is needed, in the first hand.
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A major feature of the developing countries is that they have an emerging market with vast potential, which attracts lots of foreign investments and multinationals with their numerous products. Many of them are endowed with huge natural resources that are exploited by multinational organizations with scarce attention paid to the welfare of the communities.
The paper "The Advantages and Disadvantages of Expanding a Business Through the Use of Franchising" is an outstanding example of an essay on marketing. A franchise can be described as a business agreement in which the franchiser (business owner) allows others (the franchisees) to own as well as operate a business on his/her concept and trade name.
Public relations help organizations and individuals in building communication and relationship with groups i.e. public in order to create mutual goodwill. Top Shop will be launching a colourful range of make-up spirited collection of fashion brights this month. It is the biggest news for the fashion chain since they hired the eponymous Kate Moss.
A true entrepreneur helps to create a demand within society for a particular product or service; this means that an entrepreneur introduces within society something that would be of use to people in the long run and helps them understand the need for the particular product or service in a way that it should be used by most people.
Non-governmental Organizations (NGOs) refers to legal organizations that aim at affecting decisions and distributions of government and business resources basing on their missions and goals (Bryant, 2001). They are only organizations that aim at pursuing the agenda of public interest, as opposed to commercial interests.
The paper "Elton Mayo's Social Psychology and Human Relations" is an outstanding example of an essay on management. The author of the paper states that it was not until 1926 that Mayo was introduced to sociological studies. Since then, he embarked on applying sociological to other management studies of the time.
The paper "Insurance Contracts" is a worthy example of a business essay. The IASB published an exposure draft on insurance contracts and expected comments from various shareholders in the insurance sector by 25 October 2013.
Competitors are also determined and consumers are assessed to come up with the big picture, the viability of entering the German market. SWOT analysis is conducted on the last part in order to put the environmental variables. In the last part, the overall viability of the German market will be assessed according to these variables.
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Ethics in business is a long concept that has its history dating back in the early 1970s according to available published records. In today’s economic climate, it is emerging that most businesses are adopting the themes of transparency, trust, confidence, and comparability in building responsible business practices (William, 2010).
The proposed idea to my employer, Global Ventures PLC, is to establish a furniture company in the furniture industry. My idea is to offer the customized contemporary furniture items. The aim of this company will be to meet the needs of the customers who get bored of furniture items very soon and want to frequently change furniture items.
The paper “Express Coffee - General Analysis and Operational Plan” is a thoughtful version of a case study on business. Express Coffee which is looking towards starting a coffee chain in China is aiming the universities and colleges and looks towards the increasing students’ base. The business model has been designed providing students with different variants of coffee.
Scholars have noted various reasons, which explain the International firms’ interests in corporate social responsibility (CSR) and corporate governance in the countries they work in. CSR has become a common practice in a developed and developing nations, but, with emphasis to uplift the living standards of the less fortunate in the society.
The paper “Credit Union Australia - Corporate Social Responsibility for the 21st Century" is a perfect example of a term paper on business. Credit Union Australia (CUA) believes that social and environmental sustainability that will last for the 21st Century has never been more relevant. This paper presents to the board how a CSR effort will be an effective strategy to serve our stakeholders.
ECO TRAVEL agency provides all its clients with quality, unique, and transformational travel arrangements of a world-class nature that are highly personalized and tailor-made to suit the travel needs of people touring the beautiful continent/ country that is Australia leading to an improved understanding and appreciation of our country’s culture and people.
The paper "Experiences Working at Riyadh Golf Courses" is a brilliant example of a business assignment. I have never found an opportunity to reflect on the experiences of my internship at the Riyadh Golf Courses (RGC) like I have endeared to do today. I admit it was a success to note that I could participate in an effective operation to launch a new website and radical marketing strategies.
The paper “Exporting Lamb to the Saudi Arabian Market— the Impact of Culture on the Production Process" is a dramatic example of a case study on business. The government of Saudi Arabia has considered trade and business as one of the most important issues in the country. This aspect has always existed since the 18th century. It was noted that during the 18th century.
The paper "Managing the Non-Profit Organization" is a wonderful example of an assignment on marketing. There are several ethical issues facing not for profit organization today. In economic circumstances that are uncertain, the nonprofit organization goes through an increase of unethical issues that are similar to what goes on in profit-making organizations.
As a start-up business, our aim is to manage the risk with reward and continue to evolve a business that can generate a consistent value for our stakeholders. (Rice & Mathew, 1995). Our key business objectives include the development of a business that can offer our customers an opportunity to rent or purchase the high-quality videos and audio services through our stores as well as through our online store.
To help in the complicated process, businesses make intelligent use of computer applications and technologies. This judicious decision support system is thus a phenomenon of the present Information Age. Its use distinguishes such businesses from those of the past and those that do not utilize modern technological business methods.
America has attained success through its reliance on the workforce from different nations. These people have contributed to the success paradigm of America for a long time now. However, all this has come with a lot of planning and hard work on the part of the American authorities, who have toiled day in day out to bring rich dividends for the coming times.
Information technology is also a driver of the globalization process through technologies such as the internet and the world wide web, permitting the smallest entity to take advantage of the opportunity to operate on an international scope or scale. In undertaking expansion and globalization, the firm ought to leverage on these strategic tools to achieve authentic competitive advantage.
They continuously innovate and spend on research and development. They did have a slight backslide in 2004 due to a wrong strategy but have since recovered and committed to the industry through technological advancements. They enter a new market through strategic alliance which differs across industries and nations.
The economic downturn is one of the four stages that make an economic cycle. It is a time when an economy starts leaving a boom and starts moving down the cycle to recession. The economic downturn is a situation that is faced by many countries of the world. A country like russia is faced with an economic downturn. It is due to the cutting of the budget.
Kazanjian's book, Exceeding Customer Expectations has obtained high praises from some of the globe’s top business leaders, which includes Warren Buffett, the American Express CEO Ken Chenault, and Ann Mulcahy, the Xerox CEO who stated that she loved the book and that she learned a lot from it as well.
Most of the people perceived that there is no such distinction between timber and wood but in a real sense, there are slight differences between them. Timber has been taken from wood. Timber can be considered as recycled wood. The special characteristic of the timber flooring is its weathered appearance.
In a contemporary business context, social responsibility became the “vogue” for organizations looking to be thought of as leading the way for improving society, community and the environment in general. Simultaneously, socially responsible purchasing programs have become an integral part of companies’ social responsibility strategies.
Michael Porter and Gary Hamel have made paradoxical conclusions on market shares and their effect on world businesses. Their argument indicated that companies recording low and high market shares affect profitability. In this regard, the two cases are perceived as extreme and capable of increasing the profitability of the companies.
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The paper "Middle Managers in Primary Schools: Saudi Arabia and England" is a marvelous example of a business research proposal. The research aims to: Investigate the roles and responsibilities of middle managers in the Saudi Arabian and English education systems in order to examine the impact of middle managers on school performance.
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This is because the part-time staff is not entitled to key benefits like health insurance that are offered to regular workers. Employers are hence adopting the work-life balance program. They are in fact trying to create a culture of work-life balance which provides the line management with a more formal framework within which to operate (McCartney & Evans, 2005).
Watson Clinic has diversified its total business portfolio to include 12 different facilities, each geographically dispersed across Florida and each specializing in different health services for unique demographics. For example, the Center for Cancer Care & Research provides “detection, diagnosis, and supportive follow up care of patients with cancer and hematological disorders”.
Contract law is very important as it can easily manage the dealing within the company and its customers. Usually, this contract law holds some rules and regulations that help the management department of the company. The customers once agreed with these rules and regulation he can not cross these rules.
Porter’s Diamond of national competitiveness is focused on the nation’s ability to achieve a competitive advantage in international markets through the effective planning and development of national resources and goals. While his arguments as a whole have some relevance to the domestic and international contexts concerning the development of a nation’s competitive advantage.
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This is mainly because both tables and charts have been used to appropriately present the collected data in an organized manner. Moreover, the breakdown of the report’s survey results on monthly basis effectively captures the attention of the reader and simplifies it by making the findings more clear and easy to relate.
The two commonly faced issues by start-ups or entrepreneurs are intellectual property and the legal structure of a business. Several various business structures with varying and important aspects are in existence such as sole proprietorships, general partnerships, limited liability companies, and corporations.
The paper "Human Resources and Organisational Structure of John’s Boilermakers’ Company" is an outstanding example of a case study on business. As the paper outlines, developing an effective organizational structure is an important aspect of any business is looking forward to succeeding in hard economic times.
The paper "Demanding and Challenging in the Corporate World" is a wonderful example of an assignment on management. One very vivid and unforgettable experience I encountered when I volunteered to take part on a community service work while in college was when I acted as part of a team of volunteers to conduct an outreach and awareness program.
Toyota is one of the most dominant players in the global automaker industry. The company has been credited with very comprehensive and efficient management systems and the lean production management strategy is also referred to as the Toyota way. The Toyota way is also highly linked with a Japanese management ideology called Kaizen.