Business Essays

Federal Acquisition Regulation (FAR) places emphasis on the need of federal agencies to ensure contracts are awarded to firms with proper track record in performance. These aspects are emphasized, considering the fact that taxpayer’s money is used to fund the contracts and thus performance obligation to the public.

What TQM is, why it is considered an important business concept, and how it is implemented within an organizational setup are all very important questions which are explored and addressed in this research paper so that more familiarity could be developed with the crucially important yet crude and complex facts which from the bedrock of the concept of TQM.

The market competition in this segment is high but so are the returns on the original investment. The contention is to create a supply chain mechanism that reflects the needs of the United States market and fulfills them using suppliers and manufacturers in the South East Asian region initially.

The principle of revenue recognition requires that an entity recognizes revenue only when there has been the occurrence of a critical condition and that the identified amount of revenue can be measured (Porter and Norton, 2009). The principle of revenue recognition is significant in ensuring that business entities report their revenue amounts in the appropriate manner.

Leadership style has a major influence on the organizational performance as everyone in the organization follows the leader. Leaders should make sure that the subordinates do not only follow them but take inspiration from them. In this way there are high possibilities that employees of the organization will give maximum output and overall performance of the organization will be enhanced.

They have taken their slogan one step further by developing their social responsibility tagline on the basis of “making every drop count” as the theme. They analyzed the impact of their actions on the environment, and their stakeholders and focused on six core areas that were energy supply, customer services, social welfare, climate change, HSE and employee development.

In this paper, I will be exploring a hypothetical work situation in a company I have researched. I will consider how goal-setting can motivate my performance, and will speculate on workplace stress and my likely reactions to it. I will consider nonverbal and cultural barriers to communication, and will reflect on how I might address this issue.

A subsidy represents a benefit in cash or kind allocated by the government to businesses to ensure their survival in the competitive, global marketplace and is seen as a supportive policy. These subsidies represent a major country or political risk in international business (page 203) (Cavusgil, Knight, & Reisenberger, 2012).

Organizations across the globe are on expansion spree, many have been successfully expanding in different territories while others are drawing a blue print for the same. Food chain outlets are one of the organizations to have expanded across different horizons and cultures.

In determining the amount of products produced in an organization, it is essential to identify some of the dynamics that establish the value of the throughput. In enhancing an organizational performance, looking into some of these factors along with their interactions is of significance.

There are many cases that might lead to the fall of the manufacturing giant, and these cases are mainly ethical despite the fact that the company has not been in the limelight for ethical and professional malpractices (Brian, 2009).

This in turn allows the organisation to create competitive edge in the market on the basis of highly trained and talented employees and staff. Despite of all this importance and significance of human resource in the organisation, there have been serious issue regarding the skill utilisation of the employees.

Throughout his career, Trump has been a very clear communicator and his communication style made a clear mark on the young mind through the reality TV show “The Apprentice”. He clearly knows what his team should look like and what it should deliver.

For a company to maintain its clientele, it has to put them first and relate to them as a partner. Businesses in countries with lax policies which protect ethical conduct tend have many cases of corporate malpractices such as quoting their products at a higher price for profit maximization.

Other than this, it also comprises of an action plan for Toyco in order to enhance its productivity and revenue margin. The objective of this paper is mainly to highlight the importance and significance of HRM and SHRM in Toyco. It also includes a detail overview about varied SHRM theories and ability, motivation and opportunity model (AMO) in order to describe the diverse aspects and features of SHRM in the organisation.

The concern for a management strategy and control has become increasingly important because people from different countries tend to have diverse work-related cultures, as well as the fact that people with different cultural backgrounds have different attitudes towards management strategies and controls.

The dawn of a society filled with knowledge together with economies that may be information-driven, as well as trade on the cross-border basis as effects of globalization and liberalization policy, may be said to have placed new requirements on organizations for innovative business morals approaches at both global and local business environments.

Both hypothetically and virtually, the worldwide impacts of globalization can be pragmatic in different social, cultural, political, technological, and economic fields. This paper takes a close look at the issues regarding the international business. A well researched attempt has been made to evaluate the term ‘globalization,’ its correlation with international trades and investments, domestic environments, latest technologies, and the impact on the current international business environment.

It involves the following: a) PEST analysis; which considers Political, Economic, Social and Technological factors in scanning components of management strategies. This analysis information can be used to guide the organization indecision making. In the case of Harley, changes were predicted in the demographic trends where older people and women could also become interested in bikes like the young men traditionally targeted using this technique.

In this case, political policies are supposed to serve as guidelines that direct government decisions on various national issues or issues of public interest. When formulating these political policies, the government normally prioritises public interest and thus its actions seek to maximise public benefit.

A business process is an assortment of connected, well thought out tasks that result into particular product for customers. The activity might also serve a specific objective. This essay will discuss the structure of operating systems for British Petroleum Company ways in which it correlates with the environment.

Many Internet giants have come out with e-commerce websites that sell consumer goods by accepting payments through credit and debit cards. eBay, LeagueCorp, Clarity Ventures, etc. are some relevant examples to successful e-commerce ventures. While watching from the point of view of a consumer, availing products and services has become so simple and swift, often at prices that are less as compared to conventional markets.

It is always important both for the employer and the employee to seek the legal counsel before signing the agreement documents (U.S. Department of Labor. n.d.). The employment contract is one of the essential documents where it standardizes and regulates terms and conditions of the employment between the employee and the employer.

Do financial institutions like banks really drive the economic growth and downturn of a country is a million dollar question. Several experts have analyzed the same. Gurley's theory states money always remains stable, but the increase and decrease in its flow determine the various changes in business.

Ireland’s government has increasingly nurtured the economic climate for investment and has aggressively sought its investment, by using Ireland Development Authority (IDA), through its investment promotion arm. The paper explores and evaluates the cost and benefits of Ireland’s FDI and host economies in general.

The business seeks to promote positive activities on the environmental, employee, community and consumer since they are regarded as the stake holders of the company. Most companies have taken this into account in the present business world because it directly influences the productivity and profitability of the company.

The negligence may cause damage or death to the patient. In order to diagnose the cause of the complaints, the chief operating officer should establish that: the healthcare officers owed a duty of care to the complaining patients; there was a violation of that obligation.

ArcelorMittal policy and other guidelines that explain best practices and training modules, ensure that all its processes are practiced across the business units in a constituent manner (Telljoham, 2008, p.20). ArcelorMittal maintains continuous and open dialogue with all the employees informally and through various trade unions.

As a Consultant to the Lordstown plant, there are a lot of things that I would like to recommend for the management to improve not only the operation and efficiency of the plant, but also on how to effectively exercise leadership so that the present issues that are hounding the Lordstown plant will be minimized if not totally eliminated.

The basic aims of M&S are to offer at a reasonable price, high-quality products with its trade mark “St.Michael”, to compel the suppliers to engage in most efficient and modern production strategies, offering convinient shopping experience to its customers, to simplify its operations thereby enhancing its business efficiency and to develop good relations with its stakeholders namely suppliers, customers, employees and communities in which M&S operate.

Secondly, different profiles of employees are presented, each of them requires a unique combination of IT services and ways to consume them. Thirdly, the networking diagram puts all parts together in a coherent picture. The IT environment covers several important aspect of the business processes in the local office.

The author states that before performing analysis of Toyota’s business strategy, it is important to examine Toyota’s organizational culture. Toyota has a highly mechanistic organizational structure with considerably stable environment in the middle and lower management i.e. upper management is going through conflicts due to family.

With globalisation comes the increased need to move to other countries, experience new cultures so as to ensure organisational growth and sustenance of competitive advantage both in a regional scope and internationally. Cultural shock has been noted to cause stress on foreigners thus reducing their productivity in the various organisations.

The core mission of EESC is to reinforce the democratic legality and improve effectiveness of European Union by facilitating public society organizations to the member states to express their views at state level. At present, EESC evaluates the matters such as social & economic consistency, social policy, environmental impacts, community members’ protection, health concerns, social policy and industry related issues.

The two companies selected for the discussion in this paper are the multinational fast-food chains Mcdonald’s and KFC (Kentucky Fried Chicken). It is obvious that it is not possible for any company to focus on all the five performance objectives together, hence the paper examines performance objectives preferred by the above companies in their operations strategies.

Traditional business models have been changing and being replaced by evolving value chains that are posing challenges to existing businesses across all industries. Unless businesses understand how internet changed the way business is done to include the whole range of supply and value chains and adapt to change, it is difficult to sustain and make profits.

The film digs deep into the legal frame works that favor the corporations and hence in some way limit the true essence of the human civilization. There is what distinguishes a human being from other animals. The civilization should not be compromised to the advantage of a few individuals who wants to get extremely rich at the expense of others.

For this reason, it is important to ensure that it is not left behind with regard to the technological advancements that are taking place in various sectors. The information systems segment in particular is one of the main areas that need to be concentrated on with regard to this fact.

Recommendations 7 VII. Action and Implementation Plan 7 VIII. Exhibits 8 References 9 I. Executive Summary Undertaking a thorough analysis of CM's history, and undertaking an analysis that spans several analytical frameworks, including SWOT, VRIO, and innovation 4P's, this paper makes recommendations along the lines of pursuing a strategy of further shoring up its business in its home markets, through exploring identified opportunities in mobile payments and mobile apps.

  There was a time when it was generally believed that leaders were not made but born, and that only great men were destined to be leaders. This is called the Great Man Theory, which held that only men could be leaders and that leadership was associated with military leadership (Waite, 2008; Bass & Bass, 2009).

If you are able to get the managerial role you are currently considering, can you foresee any particular ethical dilemmas that will require you to restrict the extent of your individualism? Individualism has been embedded in the US culture with a financial system which is based on capitalism, rhetoric regarding personal freedom, images of the supreme power and high support of democratic system.

The effects of social networks on e-commerce Name Course Instructor Institution Date TABLE OF CONTENTS ABSTRACT 2 1.0 INTRODUCTION 3 2.0 LITERATURE REVIEW 4 2.1 Social media revolution 4 2.2 Related work 6 2.3 Elements of Uncertainty 7 3.0 METHODOLOGY 7 4.0 RESULT 8 4.1 Demographics/ Participants: 8 4.2 Facebook 8 4.3 Twitter 8 4.4 Fashion blogs & “Deal-a-Day” Websites 8 5.0 DISCUSSION 9 6.0 CONCLUSION 9 7.0 BIBLIOGRAPHY 10 ABSTRACT The impact of social networks has been exceedingly significant on the way communication between internet users is conducted in everyday life.

The various programs used here include supplier base reduction, benchmarking and most importantly a reduction in the defects as concerns the goods produced. An example of company that has employed TQM is the Abu Dhabi National Oil Company (Rawlins, 2008).

Avon company case study indicates that the model for change theory used was the change journey (HUMAP) embracing the 360 degrees assessment model theory. The change Journey model is applied on complex situations and involves four phases. The first phase is known of p, which involves various activities.

What factors makes young online customer satisfied? The level of satisfaction that these young customers require is often that of the best standard and since there are a diverse number of choices for them to select from; companies have to ensure that their products remain competitive in the market.

Table of Contents Introduction 3 Historical developments: Compositional shift of exports in the developing countries 3 Initial phase of exports by developing countries 3 Changing trend of compositional exports of the developing countries 4 Impact: compositional shift in exports of the developing countries 6 Conclusion 7 References 8 Introduction The compositional shift in the exports of the developing countries occurred from the early part of the twentieth century to the early part of the twenty-first century.

This helps the company to have an advantage over its competitors (module- 5 n.d.). Marketing mix help the company overcome the challenges that are as a result of unpredictable and changing macro environment. The companies embrace this concept by developing new products, actively marketing their products, adjusting their prices and constantly establishing new market for its products (Border 1984).

Relative scarcity is the chief concern of micro- economic environment. Through it, the business organizations could easily understand the level of interdependence the independent components have in between them. Thus, policies of business organizations could be framed not only by considering the decisions of consumers, employees, investors and management but also pattern and shape of future discourse of market behavior as well as behavior of individual consumers.

Why did the global financial system meltdown in 2008? The global financial system meltdown happened as an effect of the spread of the financial crisis that occurred in the US due to losses in the subprime housing markets. The losses in the subprime markets occurred as a result of aggressive investment in housing properties with lending activities undertaken without due diligence on the credit policies.

After passing through all these interventions, an individual ultimately reaches at a certain stage of life where he has gained knowledge, skills and expertise to become a working professional. The profession chosen by an individual becomes the ultimate prism through which an individual sees the world around him.