Business Essays

Business Administration: Elements of Business Abstract This assignment is related to different business elements in organizations. In this assignment there is a comparison of Mc Donald’s and Burger King, since they are similar businesses and are ranked one after another.

Sharing of knowledge and expertise has always been the mainstay of development, be it personal or organizational. It is a natural tendency of humans with specific interests and goals to interact with others having similar interests and ambitions, and engage in productive discussions that enable them in achieving their goals more efficiently.

It is essential to state that notably, the banking sector employs practical training for their employees as part of their strategy to meet goals. They do this through indoor training for their workers. Therefore, the paper presents the comparison of PNC and BB&T banks, regarding the training that they offer to their employees. 

Bush passed into law in the November of 2003. This law has made the most far reaching changes to Medicare since the creation of the program in 1965. This paper addresses the numerous questions with respect to MMA. Why Changes To Medicare Were Deemed Necessary?

It is clear from the research findings that more and more people in Kuwait are keeping pets. The research indicates that the number of females who are keeping pets is more compared to the number of males.  The percentage of young people who are keeping pets is high compared to the percentage of older people keeping pets.

This paper will seek evaluate the design and administration of a questionnaire on a survey about Littlebury Leisure for young people. The survey aims at finding out what the town's young people did in their spare time, establishing what leisure activities the young people would like to have available in the town, establish the young people’s potential interest in some of the ideas proposed by the working party, and compare leisure activities and preferences for different age groups.The results indicated that there was very little support for the existing clubs and societies in the town, with the exception of the youth club and the leisure centre.

The integration of ethics into strategic management has added value to many industries. For instance, the acknowledging of ethics by managers has portrayed a good picture of the whole organization hence addition of value the reputation of the respective firm.

In addition, the country is rich in culture which makes it diverse for our market. Our company will also be able to give back to the community through the creation of jobs for the people. With this information, the company management should expand the business to the country as a measure for global expansion and the creation of a larger customer base.  

In recent times, some people have argued that we are entering an era of collaborative consumption. Botsman and Rogers (2010, p. 11) define collaborative consumption is term that is used in describing an economic model which is based on trading, bartering, sharing, renting or swapping access to products rather than owning the products.

The rehabilitation and construction of households to make them “energy-efficient” poses significant economic implications to regions that encourage such practices. Energy-efficient housing methods bring benefits to the local economy. Increased development of energy-efficient homes also creates additional employment.

Specialization continues to be critically important, although the term focus is more commonly used today. Davidow and Uttal (1998) echo these thoughts when calling for service companies to develop and execute focused strategies. These authors describe the need for defining fairly narrow customer segments (in contrast to more broadly defined market segments) in order to simultaneously achieve high levels of customer satisfaction and efficiency, and, consequently, profitability.

WorldCom’s growth through acquisition was indeed involving and a little bit risky. This is because; performing a lot of mergers and acquisitions is not only time consuming but also involves gaining a lot of trust by the other companies. Therefore, in order to attract more companies and to get them to agree to the merging and acquisition more easily, WorldCom introduced the strategy of creative accounting in its financial books.

When a company treats all the employees fairly and equally, its acceptance level is unusually high, and this makes the company accepted because of its dignity and assistance towards minor people. A humble representation of a company matters most in the global community and this helps the company achieve its goals.  

Samsung and Philips should pay attention to the fact that their customer should gather information about the product before purchasing it so that the product is up to their expectations. The decision made by a customer to buy a specific product is a result of someone recommending it, a result of advertisements or browsing over the Internet.

The company should understand the current state of the global market, and effectively interpret it in relation to the product. Foreign authorities ensure that the marketing practices are not deceiving the consumer for the company’s benefit. Secondly, Fiona should consider her approach on an ethical basis and the possible views from the community.  

We intend to survey the business environment in Brazil, France and Germany as the firm intends to expand her retail industry in the three countries. A conclusion will follow with the available opportunities for natural hedging (if any), and possible hindrances to the success of the manufacturing facility to be opened.

O’Brien said, “It’s been a matter of messaging,… We haven’t really talked to this differentiated, emerging teen base as much as we have that heartland consumer” (O’Brien cited in Stanford, 2012). Mountain Dew’s realization of the mistake of not having paid as much attention to the young consumers as it has to the heartland consumers is the first step of developing and implementing such market strategies that would enhance the products’ sales all across the US.

The result is that people developed a personal and long-term relationship with the brand. a. Based on consumer behaviour (Griffin, 2011: 494-5) The company’s business model has created value out of consumer behaviour. Starbucks was conceptualized as a “third” place between work and home (Jain, 2009: 3) where people could pause after work, talk with friends, listen to music and drink coffee.

China is the fastest growing major economy on the planet right now. Since the economic liberalization began in China in 1978, China has emerged as an export-driven economical force.

A majority part of its success can be dedicated towards its strategy development and implementation. In this paper, company profiling has been provided with a SWOT analysis to explore the internal and external situation of the company. After that, the strategy development of the company has been discussed analytically. 

Of late, the consumer market has been changing gradually a factor that has been opined to the many ongoing changes in demands for certain products particularly produced by companies with a specific position in their respective position in the market. According to the Food and Drug Administration (FDA), there are certain recommendations, rules, and stipulations that some companies have to follow before presenting their products into the market (Cohen, Vivian, and Sana 41).

The levels of success or failure in Indian business are directly related to the manner in which international players adjust to the unique character of Indian culture. Studies have established a strong connection between culture and business in the Indian context.

Quid Pro Quo sexual harassment takes place when a manager/supervisor, asks that a subordinate yield to the former’s sexual advances, and/or; requests for sexual favors or other verbal, visual, or physical action that has a sexual nature, through explicit, or implicit terms, or through relating the sexual requests to employment decisions.

Entrepreneurship is more than merely establishing a business for that it involves a number of skills and abilities of the entrepreneur such as seeking better business opportunities, taking risks beyond security anticipation, and having the tenacity to innovate (Kuratko, 2008, p. 3) by aligning newer ideas to technology, people, process and other resources.

The key focus of a business is its customers. A business survives because of its market. Therefore to maintain the customer base, the business needs to present quality product & service to the market. The market is full of substitutes, so whenever a product or service deteriorates its quality the customer shifts to the other available options.

On May 10, 2012, J.P. Morgan Chase, which is the biggest bank in the USA and also one of the most respected ones for its high business standard, announced that it had lost more than $2.2 billion in trading of financial derivatives (Grey, 2013). The bank has reported that the major cause behind this amount of loss was the wrong investment decision made by its Chief Investment Officer (CIO).

Individuals are at high risk for diseases related to elevated blood pressure because they tend to consume far more sodium than what health experts recommend. National dietary guidance recommendations and public intervention were established in 1969 to emphasize the need to reduce sodium intake in America.

Political risk management should become an important function of the logistics management. Effective logistics management should determine three things, such as what the exposures are; what the associated risks are and how to access before the shipment goods.

Duke Energy has a large number of assets across other regions such as Latin America and Canada. Duke Corporation was first started in 1900 by Dr. Walker Wylie and his brother as the Catawba Power Company. The two brothers were instrumental in the financing of the building of a hydroelectric power station that was to be situated along the Catawba River at Indian Hook in South Carolina. 

Generally, business process integration is an important strategy that has been considered by many scholars. The idea of process and data integration came first in the early 1960s after the emergence of computing technologies immediately after the first digital capacitor-based computer was developed.

The company can apply for short term borrowing from banks to finance its additional requirement depending upon the expected returns from the new investment and its ability to pay off its short-term borrowing. The company will acquire this additional financing more quickly and benefit from a low-interest charge for the loan.

Self-analysis done on an objective basis without the interference of prejudiced perceptions holds immense benefits. After contemplating the valuable experiences I have gained and key lessons I have learned so far, I find myself more motivated to change for the better and enthusiastically work over my deficiencies.

In the world today, so many people are very poor and most often, efforts to reduce poverty have failed. This has been due to many factors such as an unhealthy political environment, corruption among others. Countries with citizens who still have problems in meeting basic needs like food, clothing, and housing are an ideal testing ground for the comprehension of the BOP.

In the light of these market scenarios National Health Services has to make a significant decision of maintaining costs to the minimum. NHS prices and output decisions are defined by healthcare currency which covers the cost of a patient from admission to discharge.

Reflective assignments not only assist in acquiring constructive wisdom from real life incidents but also facilitate in setting up a link between academic theory and its tangible application. A reflective piece of writing carries description of the circumstances, the relevant opinions and judgment, assessment and investigation of the case based on structured thought process, conclusion as well as any alternate direction of accomplishment that can be followed (Pedler, Burgoyne and Boydell, 1994).

Money accumulation stands for the company to handle the pension provisions of its employees after their retirement. The fund is collected from sources. The money accumulated is then invested in investments, so that it generates income. It is made sure that the income generated is enough to pay out the pension benefits provided to the employees. 

Tesco is considered to be one of the biggest food traders in the sphere with a surplus of £54 billion during 2009 and recruiting over four hundred and seventy thousand individuals. They run an estimated four thousand, three hundred and thirty-one stores in fourteen nations across the globe. The organization runs mainly in the United States of America, Europe, and Asia.

SMALL BUSINESS MARKET RESEARCH. Entrepreneurship involves taking up risks in the market (McDonald & Hawkins, 2012, p. 23). Different entrepreneurs have different ideas in the market and this may also be determined by whether the business is to operate as a sole business or a partnership.

In one way or another, we have to consume different things in order to survive for example we have to consume food and water, use electricity and fuel (Botsman and Rogers, 2011). It is then surprised when we begin to think of consumption as an environmental issue but in reality, it has become a big issue with concerns for the environment.

Shangri-La already invests a considerable portion of its budget on employee training and motivation. Therefore, a slight increase in turnover rate will affect the firm when compared to its competitors. In this context, it is logical for Simion Bridl to consider a reasonable level of increase in remuneration so as to retain the firm’s valuable employees because deploying new recruits and giving training to them will augment the firm’s operational costs further.

The last group contributes the maximum to the annual revenues of the company. In January 2006, Robert Ouellette joined Alcan as the Vice President – Corporate Information Technology. In January 2007, he was appointed the Chief Information Officer of Alcan.

The company will be first opening its branch in London and then it has planned to expand its business in other parts of the United Kingdom and then to other European countries. Replay Sports Bar will be offering private and public lounges where people can enjoy the game. Private lounges can be booked by people for a particular time so that they can enjoy any match with their friends and family.

China Telecom, through a combination of innovative product and service marketing, redevelopment of organizational structure, cultural awareness, and strategic cost management, has experienced approximately 500 percent revenue growth since 2002. This is a significant accomplishment for an organization that must operate in a dynamic, competitive, and price-sensitive environment.

The author states that Draper manufacturing does not seem to be facing any racial issue but business challenges. Although there is no doubt that the current workforce working in the company is diverse and belongs to different races, yet the cause of contention between or among them does not represent their personal views over the racial issues.

The researcher of this essay aims to pay special attention to the key characteristics of small business identifiable in the restaurant business. All the five key characteristics of small business outlined by Holmes, Hutchinson, Forsaith, Gibson, and McMahon are identifiable in the fast food restaurant.

According to Bush (2009) procedural justice is the fairness of a procedure used to determine outcomes while distributive justice is the fairness of the outcomes themselves. Procedural fairness involves fairness and transparency in the process of solving disputes, and distributive justice involves how resources are allocated.

Argentina has been singled out as a country whose corporate governance is unique based on the characteristics it exhibits. As it has been noted, the publicly traded companies in this country appear to have a very high level of ownership concentration and some of the major companies that trade publicly are seen to have families owning controlling stakes, also a case seen in the USA and UK.

This article talks of the ways in which business people can institute reliability and build trust in customers while conducting online business. The first is by having a strong and distinctive brand name. This can be realized by having a well-established branding policy to act as a firm’s competitive advantage. Secondly, advanced customer service.

There are basically two forms of communication: verbal and non-verbal. Examples of verbal communication include written (email, text message, article, report) and oral (speech, talking) while examples of non-verbal communication are gesture, posture, facial expression among others.

Unlike most business organizations, sole proprietorships are not considered separate entities legally. These form one of the most common business organizations in our society. Just like in the case of a sole proprietorship, the control of the business is in the hands of the general partners and they are responsible for the management.