Business Essays

The standards in the present world ensure that products are of the most desirable characteristics, efficiency, and interchangeability at the most affordable economic costs. Given the upsurge in standards-based certification methods and schemes to structure the content and quality of products, there has been an intensification in standards.

If the organization does not weigh the pros and cons of change, then it ends up with serious issues in hand. There are various cases where the short-sightedness of the management has led to serious complications. Such complications act like poison pills. The present research report presents a case study of an organizational change and evaluates it.

The study also looks to apply the resource base model in order to find out how the organization can earn above-average returns. The effort of the stakeholders on the overall success of the business has been analyzed. Wal-Mart is a publicly-traded company since 1971 and is the largest retailer in the country of U.S.

Leeds University is one of the well-known universities in the United Kingdom. It is the second-largest public university with a dynamic academic community consisting of more than 8000 staff, 30000 students, and more than 300, 000 lakh graduates. The university has been one of the major players in providing qualitative education.

The main cause of global warming is the increase in the concentration of the green house gases that are produced by the human activities like the emission of carbon and deforestation. To control the harmful effect of global warming, many polices were made to reduce the emission of carbon.

A unique accounting standard is used across the world to deliver a unique and global standard of high-quality accounting and reporting of financial statements. The main purpose is to convey the economic condition of an organization in the most fair and unbiased manner. The shareholders would make use of such information to make a decision whether to invest in a company or not.

My firm is an example of successful bailout in case of tax cuts for 95% of all households including services rendered (Shiller, 2008). If my firm had folded like it was the case in the 2008 economic crash, general effect on the economy and loss of jobs would have turned out to be stunning.

In the case of the sportswear and equipment industry, the recent global expansion has meant that they have had to incorporate individuals of different cultures into their workforce. The labor market in most of these companies has had to employ citizens possessing different identities, whereas also having to deal with clients who have similarly diverse beliefs and cultural orientations.

As far as emerging markets are concerned, they can be compared to those players on the market who trade in not so huge forms of business, but yet, having the little contributions they bring on the market, significant enough to be counted as part of collective growth and development

Positive customer relations help you connect with your customers on a much more personal level. When you connect with the target audience deeply, you are much more likely to understand their requirements, resolve their problems, and create a sense of mutual understanding. The roles your customers play in your business—and how to help them succeed.

The author explains that the Porter’s  five theory comprise of five forces  namely: existing competitive  rivalry between suppliers, threat of new entrants, bargaining power of   buyers, power of suppliers and the threat of substitute products with  the inclusion of technological change.

Two countries and one factor model of Ricardian was added with another variable in Ohlin's Modern theory. Heckscher-Ohlin also contradicts with the Ricardian’s proposition that international trade possess specific feature of comparative cost. Ohlin considers the comparative cost as common feature of trade at both levels.

A holding company is considered to be an association that directly or indirectly obtains half of the total equity shares of one or more companies. The main motive behind the acquisition is to secure a controlling interest in the companies generally known as subsidiary companies (University of Mumbai, “Holding Companies”).

This research will begin with the statement that economic growth and development is characterized by unique inventions and innovation methods. This is happening in Asia which in the last 10 years has produced two main emerging markets (China and India). The economy of Asia composed of more than 4.2 billion people represents 60% of the world population.  

There are many different types of organizations, with each developed for the purpose of either achieving profit, to produce a series of productive outputs for general society, improve employment opportunities for society, or simply to provide a useful set of product and services to enhance the lifestyle for consumers.

This followed events of them admitting that they had actually duped the investors on the true status of their oil reserves. In January 2012, they overstated to having over 6billion barrels of gas and oil at their reserves. This hurt the investor confidence making the company to go back again to the drawing board in order to attract more investors.

These organizations aim at the benefit of society and thus are tax-exempt organizations. They often receive an exemption from various taxes as they work with the sole aim of the betterment of the social community. These organizations do not have shareholders and they do not make or distribute profit to benefit the private capacity of directors, other members or individuals.

As the competition in the business arena becomes stiff, the participants who were aspiring to become experienced business leaders with effective communication skills were extensively trained on the way to communicate with their subjects. Some of the areas covered during the workshop include integrating creativity in communication with communication strategy.

It was important to leverage the current business activities with investments to ensure less money was spent on operational expenses. This was made possible because the system was flexible and could only require a small amount of capital for purposes of running the business (Williams and Williams, 2007). 

Al-Ain Farms and Livestock Production Company started its operations with a herd of just 200 milking cows and mandate to provide fresh dairy products, raw milk, and camel products (“Al Ain Dairy Farm” 1). The company comprises three Al Ain Dairy Farms, which delivers fresh dairy products, raw milk cow, camel products, and fresh chickens and eggs.

Climate change has affected the residents of Seattle due to the increased frequency of hurricanes and storms that visits the state which has taken numerous lives and destroyed many properties in the area. Starbucks should seriously consider a green corporate social responsibility program in the sourcing of its coffee means and business practices.

Bottled water is in high demand even in areas where tap water is safe for drinking leading to unnecessary garbage. There is more concern to govern tap water than bottled water. Improving sanitation and treating existing water will be a solution to providing safe and sustainable water. Lack of pure water is what has led to companies like Quench.

Individual and group work in teaching, learning and assessment poises challenges among the international students in the UK. The foreign students coming to the UK find a group working challenging and take some time before they cope with the system. This is because previously they studied in institutions that did not focus keenly on group work.

The second question is all about the change management style after the merger of the two firms which has been followed by a brief conclusion. Question 1 Analysis of the strategic capability of HSBC and OIB that each possesses which prompted them to decide merge:- Strategic management describes the main initiatives that are taken by the top management regarding resources and the performance of the company in external environment behalf of owners of the company.

According to the research findings, it can, therefore, be said that Tesco has faced a number of criticisms over its ethical trading practices and especially so in relation to its perceived violation of workers rights as well as the company’s treatment to both workers and suppliers located in developing countries.

Cadbury Schweppes is one of the largest and leading companies in the UK food and beverage industry. The company was formed in 1969 as a result of a merger between Cadbury Enterprises Pte Limited and the Schweppes drinks company. It is a limited company, which means that it is treated as a sole, separate, and legal entity from its owners.

In the post-world war period, Japan experienced spectacular growth of the economy. During the 1960s, 1970s, and 1980s the average rate of the economy had been 10%, 5%, and 4% respectively. The country moved to be one of the advanced economies. However, Japan witnessed a burst in the assets bubble in the early 1990s.

Business ethics has become an important aspect of the functioning of organizations and had attracted a lot of attention. Numerous ethical problems arise and the decision-making needs to be supported by strong ethical principles for everyone involved to be benefited. Various ethical principles ad theories have been discussed.

According to the research findings before formulating its strategic plan, ARM must consider the current state of the market, and anticipate future changes in the macro economy. In addition, it must apply the various available approaches to analyse the difference between its current performance and stakeholder expectations, and work on filling the gap.

However, he consolidated the rule by delegating certain duties to the people he wished to. This created a bunch of people who were involved as the management team, with each individual being given a specific managerial role to play (Lampel, 1). Those individuals whom he delegated the managerial duties to became his lieutenants.

This report aims to identify the problems in the operations and logistics of the grocery store; it will help to identify the problems that are causing losses and mismanagement and will give recommendations to correct them. The Yates own 5 grocery stores in a region; they are medium-sized grocery stores that specialize in selling international products.

Procrastination is another aspect that unsuccessful entrepreneurs possess. This is a behavior of postponing activities (Forbat, 2007), p.37). When an entrepreneur has such characteristics, it becomes very hard to act on an opportunity as he /she will take time before making a decision to invest capital in the idea.

The case study revolves around the hiring and firing of Michael Ovitz in 1995, as president and successor to Michael Eisner after the death of Frank Wells. For a decade, Eisner and Wells shared a balance of power and authority in Disney Company, during which time the firm enjoyed a period of profitability and strong growth.

Managing the workforce accounts for being one of the most crucial aspects in organizations today. Employers consider it particularly important to understand the needs and requirements of its manpower in order to ensure their satisfaction and contentment at the workplace. This is because the workforce accounts for the main competitive strength.

Today, customers do not interact face to face with the sales team or staff, rather they interact with their web browsers. We cannot say that Internet has impacted all aspects of the economy; however, it occupies more than one sector. Likewise, the online business that is conducted on the Internet is called ‘Electronic commerce’ that has proved to be a remarkable achievement.

Particularly, the researcher will look across different studies that have been carried out in the same area that is under focus in the study. This is because the exhibition industry has seen several developments due to recent technological advances, such as online galleries and exhibitions, such as British Library (ex).

Generally speaking, the perspectives refer to social, cultural and personal impacts. The theory of consumer behaviour explains these aspects with help of different models. The key factor underlying all these models is the cognitive behaviour or psychological response to external and internal stimuli.

The MRP helps in specifying when production and purchase orders must be placed for each part and subassembly to complete the product on schedule.Effective planning and controls associated with the supply chain process and demand can help in inventory management.

This paper assists in understanding the Chinese culture, which is a vital issue for any organization or individual who intends to operate and succeed in China. Patience and humility are the main characteristic features of the Chinese business culture. They are very imperative in negotiations and other business activities.

The effects of such actions in an organization can be severe to both the company as well as the public,depending on the magnitude of the action.However,Boyle noted that any action that goes against the code of ethics of a particular organization,regardless of how small causes irreparable damage,which could herald greater economic and public image of the company.

Dunning’s eclectic Principle: John Dunning was the person behind developing the framework, which has helped in integrating various stratum of integration. A suggested set of interrelated and general principle of three has been given in order to get the grip of production in international sphere.

In fully owned resort businesses by MGM international, the MGM’s primary casino, as well as operations of hotel businesses, are owned and at the same time managed by MGM. Other amenities of resorts by MGM are operated and owned by MGM, but the management is left to be the responsibility of third parties. 

There are two types of economies, they are namely low growth and high growth. It's worth mentioning, that both economies have different needs for their business to survive and many challenges to face. It is always important to have a flexible organization in order to design the product according to customer needs and taste. 

Upon analyzing the data given in the case and trends and figures provided by other secondary resources, the author believes that it is a good move for IMAX to venture into Hollywood movie production and distribution on the large file format or 3D projection system. Since IMAX possesses competitive advantages of high barriers to entry.

In the decision-making process, it is important to point out the importance of arriving at an ethical decision. Ethical decisions are gauged based on the evaluation of being right or wrong. There are no definite rules for arriving at such a decision but it is important to take note that all the groups pertinent to the decision should be considered.

Businesses are formed with an aim to make profits and shareholders/owners’ wealth. Businesses require a considerable amount of capital in order to successfully establish and develop. The formation of businesses is based on the legal structures provided to the entrepreneurs to establish their businesses.

The major issue that Publix has had to deal with is the sensitivity to environmental degradation and for that reason, necessary policies are in place which help in the protection of the environment thus Publix follows the environmental regulations that have been set by the authorities concerned (Publix Case, 2011). 

China is one the few countries that have been able to maintain economic growth every year in the past decade despite an economic downturn in the early 2000s and the financial crisis of 2007-2008. While the domestic demand has fuelled this growth, a large part of this continued growth has been because of the continued growth of exports from China.

Tegan could have done the work in-house but it would have cost them more in the long run. The first part of the project was delivered for £75,000 more than the original budget but it was still done for less than Tegan could have done it in-house. Hrad was also able to do another project for Tegan which was a time and materials project which they delivered “within 10% of the estimated cost”.

Thomas Sowell is correct in his disposition that there are limited resources and unlimited demands of human beings living on this earth. One needs to find a trade-off to maximize his utility. Several hindrances force him to make rational decisions while apportioning resources effectively. This principle segregates the market into two extreme continuums.