Firm Course Works Samples For Students

Introduction

In a classic financial world as predicted by Modigliani and Miller (M&M), the risk management should be irrelevant. When there are no information asymmetries, taxes or transaction cost involved, hedging will not add any value to a firm because shareholders or companies can diversify their portfolio in such a way that their overall risk will be totally hedged (Lin and Chang 2006). However, the real world is far from the Modigliani and Miller model. In practice, we see imperfections in the financial market. This imperfection may actually create a rationale to reduce the volatility of earnings for a firm through hedging.

Many empirical ...

Chapter 4

- The firms are pursuing cost leadership strategy and in this strategy advertising is essential. It is considered fixed cost because it is showing the people or shifting their focuses on the products with similar qualities as their competitors’ products but at a lesser price. On the other hand, product-differentiation strategy is based on advertising the unique qualities of the products and their reasonable costs.

- The actions the firms can take to ensure that economies of scale exist are 1- they make sure that the volume of production reach the optimal level where the average cost per unit ...

- Use of ratios in performance evaluation

Ratios provide an evaluation platform for companies. Through calculation of ratios, firms have two to three options for evaluation. The options involve a set of conditions that make the use of ratios possible. This is because ratios only play a comparison role and cannot be used in isolation. They have to be applied together with a set of other ratios to make comparison hence deduce information that enables performance evaluation.

The first option in using ratios involves the application of ratios together with industrial ratios of the firm’s industry. Often, the industry in which the firm operates in have industrial ratios. ...

Introduction

In the present business world the assumption is that firms would like to maximize profits, but in the real life maximizing profit has a great impact on the society and the economy (Wigley 1996). Firms are classified according to the type of market structure they belong to. There are four types of market structure; perfect competition, monopoly, monopolistic, and oligopoly. The main factors that influences a market structure are; the number of buyers and sellers, the degree of product differentiation, the knowledge of buyers and sellers regarding a commodity and the strengths of barriers to entry and exit. Different industries ...

List and discuss at least three positive and three negative impacts of information systems.

Information systems (IS) have enhanced communication significantly. Effective communication is important for all organizations, societies and even individuals. Data and information can be distributed to millions of people around the world despite geographical locations in real time using IS (Kenneth, Jane 1997). This saves on costs, allows quick response to changes, better customer service and exploitation of new opportunities. IS have made it possible to access new service efficiencies. Automation of some services has lead to more effective and satisfactory services, for example ATMs, and telephone systems. IS have supported advances in research in various fields, for example in ...

Abstract

Market segmentation in changing market trends is achieved through a perfect network of product establishment and distribution. The market trend is defined through a creatively identified models and scope that are objectively managed through a predictable approach. The considerable opportunities are necessitated through a merited strategy in order to understand the changing behavior among clients. The macro-segments are fully installed within a given focus and creatively deployed in order to assess the pattern of product marketing. The profitability level that Tammy Limited projects its operations is composed of the input-output model and the aggregate functions. The building factors necessitated within the business interconnection are ...

The corporate strategy of the firm is based on a number of factors and various elements. There are virtually tens of viewpoints and narratives on which a firm can build its core objectives. These viewpoints serve as a basis towards uniform criteria for strategy development and maximum utilization of firm’s capabilities. The corporate strategy making has gone a long way since the industrial revolution and the introduction of mass production. Various theories have been proposed by business theorist and intellectuals that revolve around maximizing a firm’s performance and competitive advantage. The evolution of those thought processes and later experiments in real business ...

Market Planning

SWOT analysis is a process used in evaluating the strengths, weaknesses, opportunities and threats that occur in any business entity (Phla & Richter, 2009). It comprises of specific objectives of the business venture and identifies both the internal and external factors that are favorable and unfavorable to achieve the set targets and objectives of any given firm (Phla & Richter, 2009).

Factor

• strength
• weakness
• opportunity
• threats

Product

• Variety kind of Safe guard Soap. (bathing, Showering, washing etc soaps)
• Lack of means to access remote areas.
• New market place & identification of a market gap.
• High competition in the market I.e.
• Delta soap, Medisoft, ...
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Question 1

Stock flipping refers to buying stocks during an initial public offer with the intention of reselling them immediately at a profit. It is a short term investment strategy that takes advantage of existence of liquid markets. Institutional investors engage more in stock flipping than individual investors since they have more shares availed to them at the offer price .

Investment banks encourage stock flipping for various reasons. If an IPO is allocated only to long term investors, there will be no trade in the secondary market. The stocks will be in the public but they will be illiquid since nobody is selling. ...

Introduction

The objective of any firm is to maximise profits and increase shareholders’ wealth. This objective can only be attained if the market structure is favourable for the operations of the firm. The market for low-calorie microwavable food has changed from perfect to imperfect competition. This paper discusses the effectiveness of the new market structure to the operations of the company. It also assesses the profitability of the firm based on the cost functions and the demand function from assignment. In addition, the paper explores was in which the company can improve its profitability as well as the circumstances under ...

According to Shaun and Gottret (2004), the residual curve refers to the individual demand curve of a firm that is the part of the market demand which is not provided by other competing firms in the market. It can, therefore, be defined as the market demand function after it has been subtracted from the quantity supplied by other competing firms at each price. Suppose the market demand is D (p) and the supply provided by the other firms is S o (p), then there are several ways to calculate the demand for the firm. The first one is by expressing the relationship ...

1. “A firm would prefer to be a monopoly, rather than be involved in a perfectly competitive market.” Discuss.
Every student attending economics class knows that perfect competition is ideal for any market, while monopoly is the worst possible situation due to a number of reasons. But at the same time, it is a well-known fact that since ancient times firms have strived to gain the status of monopoly. Why is it so? The matter lies in people’s nature – monopoly offers to a firm great power and control over market and requires practically no effort to get considerable income. At the same ...

1. Balance Sheet

The term Balance Sheet is commonly used in the domain of Financial Accounting. The balance sheet is a statement that makes a declaration about determined financial position of all monetary and finance related input and output of a particular company, organization, or association. According to Northcentral University (2011), “The balance sheet, or statement of financial position, lists the firm’s assets and liabilities, providing a snapshot of the firm’s financial position at a given point in time (p. 20).”

The core objective is to keep track of financial balances related to the organizational activities and maintain awareness about the kind of ...

Nokia is a global brand name for a mobile phone manufacturing firm that also engages in production of other phone devices employed in the communication and information industry. It employees more than 132,000 employees and operates in about 150 countries. It is noted as the biggest mobile phone manufacturing firm in the year 2010. It has taken Nokia 148 years to become a force to reckon with since it was founded in 1865 by Fredrik idestam. The Nokia Corporation was founded after mergers between a rubber company and a cable firm. The greatest growth of Nokia was noted between 1968 and 1991when the ...

(a) The price in the market for this perfectly competitive from when p1, the firm would desire to sell over a hundred units. This is because the prices of single units would have gone down. The firm would sell more units with a tiny profit margin on each unit to make profits. The firm will then sell more units so that it can accumulate more profits and be able to stay in the business. Economically, the firm would not be making tangible profits because the margin on each unit is very small. If the firm does not have other products it is ...

Marketing department is, usually, faced with the dilemma of whether to concentrate on the profit margin of the company or provide social responsibility. Moreover, it is always difficult to satisfy the whole segments of the market. This is because the department has to concentrate on a certain segment/area of the market that is viable for the business. At the same time ignoring others that are not considered profitable to the firm although they are essential to human needs. Additionally the marketing department is faced with a tough choice of whether to promote social responsibility. (On the contrary the social responsibility doesn’ ...

- Discuss and compare hedging transaction exposure using the forward contract versus money market instruments. When do alternative hedging approaches produce the same result?

International trade is a growth strategy that many firms have taken because of the many benefits a firm gets from it. However all business activities have inherent risks. Traction exposure is the term for the risk that companies doing international trade face. Investopedia (2012) defines this as the risk associated with the fluctuations in exchange rates which affect corporations that have entered into financial obligations thus leading to possible losses. Transaction exposure is well-defined and is often ...

Fredrick Taylor developed the scientific management theory to increase economic efficiency by improving labor productivity among workers. The phrase ‘scientific management’ is derived from the systematic and observational ways used to analyze and arrange work for regular members in industries. The theory, which is based on facts, was proposed in 1930’s, but it is still applicable to date. Taylor argued that the aim of an organization should be to maximize the employer’s prosperity and improve on employees’ productivity level (Tompkins, 2005, p.26). There are four principles attached to the theory of scientific management: development of scientific ...

Introduction

The analysis applies important microeconomic concepts capable of increasing the competitiveness of Kudler Fine Foods. Different organizations operate in different marketing structures depending on the type of business, size, and goods and products sold. According to Colander (2010), the four basic types of marketing structures that businesses currently operate on are oligopoly, monopolistic, perfect, and monopoly. Understanding competitive strategies adopted by Kudler Fine Foods assists in establishing the type of market structure where the company operates. Additionally, the analysis will discuss the effect of the chosen market structure on the organization and the relationship between the market structure and ...

Question one

Organizational adaptation and sustainability refer to the process where an organization evolves to conform to the prevailing conditions inside or outside the organization. Organizational adaptation is an organization’s ability to counter organizational responses to pressures and changes in the internal and external environment. This is an ideal way of organizations to react to opportunities and threats in an industry or competitive market.

Adaptation affects organizational recognition and interpretation operations of environmental changes. Therefore, organizational adaptation is an important aspect in organizations because it helps them become aware of changes and how to deal with them. Firms that have ...

Question 1

Investment is an undertaking with an expected return in a given period of time. Investors focus on the value of return before making an investment decision. The investment value is subject to some elements which investors are concerned with their investments. These variables are as follows:

The expected cash flow of investment.

The investment cash flow can be used to evaluate the investment viability through use discounting techniques such as Net Present Value, Internal Rate of Return and Profitability Index. When the initial project outlay is less than the present value of the investment cash flows, then the project is viable using NPV technique. The firm’ ...

If a case is not filed within the appropriate statute of limitations, the case will be dismissed regardless of the merits of the case.

All federal lawsuits must be filed within one year of the date of the cause of action arises.

The doctrine known as laches requires plaintiffs to present written claims to defendants prior to filing lawsuits.

An efficient tickler system is essential for keeping track of time limitations on cases.

An attorney or paralegal should not make direct contact with an opposing party who is represented by an attorney.

Paralegals should never give factual information to clients, ...

Westminster retirement residence (Westmount) located in London; Ontario in Canada was a retirement home established in 1997. However, its profitability was low because of the cost accounting model they were using. The changing external environment was slowly forcing it out of business, and they sought to find out the best cost account mechanism for them to maintain their business. This essay aims at analysing the existing internal and external factors that influence the business and give recommendations on the best cost accounting method to apply for effective and efficiency cost allocation.

Helen Roswell, the administrator of Westmount noticed constraints of ...

Introduction

Different firms in the world today are continually engaging in co-operative strategies through cooperation with other firms in partnership and strategic alliances rather than forming completion between them. They mainly engage in strategic alliances joint forces for a sustained competitive advantage and a mutually beneficial opportunity (Gulati, 1998). Two or more firms in the same or different industries but operating at the same production stage may merge to share resources at that same level as in the case of horizontal integration. This acquisition usually results to the creation of a monopoly (Lateral integration). In addition, a partnership may exist between the firm and ...

Question 1: What is a business-level strategy?

A business level strategy is a laid action plan that a business organization puts in place with an intention of gaining a business advantage over other businesses, mainly gaining competitive advantage over its competitors, customer service, and relations. It involves early discovery of the possibility of gaining competitive advantage over others usually using the comparative advantage or strength that the business has. Comparative advantage is of great importance in marketing especially when entering or penetrating into new markets as it involves reducing operational costs (Hanson, 2013).

A strategy in its integrated way is coordination of actions and commitments aimed at discovering a step ...

Question 5 (a)

It has come to the attention of the audit firm that there are several issues surrounding the business operations of Ocean Manufacturing Inc that could deter the acceptance of the company as a client. This memo will clearly outline the reasons as to why the decision of not accepting the company as a client of the audit firm would be a viable choice. The factors identified are principal in any decision making process as they would save the reputation and time of the audit firm. Solutions to the problems observed in the company will be outlined so as to try uplifting the ...

- Introduction

Red Mole Construction Company, an emerging company in the heart of Boston, Massachusetts has been in operation for eight (8) years with about 500 employees consisting of both technical and administrative personnel. They have been involved in numerous constructions of school buildings and other government owned projects like cementing of roads. Aside from construction, they also offer conceptual planning, specifications, constructions estimates and the like.

Although upon incorporation, they claimed to have passed the safety management standards, they have never been formally audited by any safety auditing organization. This audit is a first for them in their eight years of ...

Introduction

A tariff is a tax on imports which raise the price of imported goods compared to local goods. The imported goods are therefore less preferred and it becomes less profitable to continue importing thus discouraging it (Anderson 2004). The case in question presents a 100 percent ad valorem tariff as the trade barrier which the U.S adopts as a retaliatory measure against Thailand which has put in place administrative trade barriers aimed at limiting imports from U.S. As a U.S firm producing from Thailand this is going to affect operations in that it is going to be expensive to import raw materials from ...

Moon and Bates (1993) developed an approach of measuring the competitor performance. They came up with four main stages of analysis commonly referred to as the CORE analysis. CORE is an acronym name which refers to context, overview, ratios and evaluation. The strategic management accounting plays a very significant role in providing financial information about the main sources of gaining competitive advantage of a company. It involves two main aspects. The computation of the key internal financial ratios of the company is the first main issue. The second issue involves assessment of the external information that may pose a threat to the ...

A business continuity plan is an integrated set of instructions, procedures, and instructions that enable a certain business institution to respond effectively to disasters, accidents, threats, or emergencies without necessarily having to hinder or stop the key operations the business.

The development of this business continuity plan involves four main steps

- Conduction of a business impact analysis aimed at identifying the most critical and time sensitive functions of the business and identifying the resources and processes that essentially support them.
- The identification, documentation and subsequent implementation so as to recover the critical business processes and functions
- Organization of a team, followed by the compilation of a BCP for managing a ...

1)One of the major advantages of industry concentration for a professional accounting firm is that the firm is able gain a lot of experience in that sector which in essence would make the firm conduct its audits more efficiently.

Secondly, the accounting firm is able to borrow from the knowledge gained in handling a client in the industry and use it in handling a different assignment in the industry. This helps in ensuring that the firm doesn’t omit important procedures that are carried in the related companies.

Third, the firm is able to compare key financial indicators such as financial ratios ...

Rules and procedures of civil litigation are the same from state to state

The most common method of resolving civil disputes is settlement.

Arbitration is a form of settlement.

A litigation paralegal often appears in court.

Litigation paralegals often rely on form books and form files.

Woo buys a new automobile. While driving the care home from the dealership, the brakes fail, the car crashes and Woo is seriously injured. Woo retains the law firm of

Kraft and Molina and they file a law suit claiming damages for these injuries. Brady works as a paralegal in that firm. In the law suit, Kraft and Molina are the plaintiff. True or False?

Woo buys a new automobile. While ...

Abstract

In today’s competitive landscape, an organization must employ all possible means within reach to maximize growth and profitability by focusing on strategic marketing. Classic Airlines has the opportunity and resources to alter the landscape of the airline industry in its favor. In order to succeed, Classic Airlines must correctly forecast market potential and future demand, by establishing both short- and long-term marketing objectives.

Classic Airlines

Classic Airlines faces an organizational issue requiring urgent solution. The current internal and external marketing programs have not been able to satisfy the needs and wants of the stakeholders. Classic Airlines customers have resorted to ...

The practice of outsourcing has increased tremendously in the business sector due to the numerous benefits that accrue from outsourcing. Outsourcing improves efficiency and reduces operational costs. However, businesses cannot outsource all of their functions. Below are examples of functions in an airline operation that are most and least amenable to be outsourced.

Customer service is one of the functions that is most amenable to be outsourced. Instead of the airline hiring numerous individual operators, it can contract a single call centre to handle customer calls. It is inefficient for the airline to handle its own call centre because it ...

Strategic management is an emerging issue in the field of management. It incorporates science into the management of the firm. It is essential in the contemporary dynamic environment of the organization. Failure to incorporate it in the management of the firm can adversely affect the firm. Globalization is rapidly affecting the environment in which businesses operate in. As such, due to the globalization, survival of the business organization is essential. This can effectively be achieved through strategic management. As such failure to incorporate strategic management in the organization will lead to a failure of the business.

Dynamism in the business ...

Marketing Strategy

A marketing strategy implies the line of approach that an organization pursues to maximize opportunities with the aim or goal of increasing sales and to attain competitive advantage. It (marketing strategy) includes all short, medium and long-term activities that aim at achieving the desired goals of competitive advantage and increased sales (Peter, Olson & Grunert, 1999, p.333). Pricing, on the other hand, is the most direct approach that a firm/company uses to communicate with the clients or customers. Pricing strategy is the most difficult pillar of marketing to implement. This is so because it integrates vertical and horizontal decision making in ...

Introduction

According to Cameron & Quinn, (1999) the most successful companies are the ones that have a sustained profitability, which is higher than the normal kind of financial returns. These firms have their financial returns, and they have unique characteristics where there are certain well-defined conditions. The entries of these companies are higher than normal, and this is because they have higher costs of entry that make it harder for new players to enter the market. Further studies by Watson (1994) indicate that they point out in this case that they in most cases deal with the kind of goods that ...

- Abstract

Planning is an important aspect in businesses today. Any business that does not take initiative to plan for its future is likely to face challenges which could otherwise be identified during a desk review and planning process (Bose 2002). This document is a continuation to the business plan for Dalnim but now covering Statistics to be used in measuring quality, capacity planning md facility location, an aggregate plan to maintain competitive advantage, work system design, project life cycle, and project management and to inventory planning and management. This is with a view to make the business and financial plan operational.

- Background information

Dalnim was ...

Question one

The objective of every business entity regardless of their size to maximize profits and minimize costs. This is achieved by either maximizing their revenue and cutting down on expenses hence; the gap between costs and revenue increases. Businesses can achieve profitability by ensuring that they are economical on how they spend their resources and maximize the capacity of their productive apparatus. For example, they maximize the productivity rate of a machine by producing at the level where it is functioning optimally. The costs are cut down by ensuring that the unnecessary resources are preserved until the time they are needed ...

Executive Summary

According to (Myerson 34), the internet presents a remarkable opportunity for businesses to expand into new markets, offer new products and services, and compete on a more-equal ground with established businesses (Myerson 34). This report attempts to build on the above philosophy to business operations of Mova Globe, an American company manufacturing and selling solar powered globes for rooms and offices. Mova Globe is largest manufacturer and seller of globe that rotates silently in the world. The gadgets do not require power batteries or cords, only the natural light of an office or home. The Mova globe comes in two different ...

The neoclassical theory of the firm explains that firms are run entirely for the profit motive of its owners. This has been a widely held theory for many years, with the knowledge that all businesses are purely profit maximizing entities, whose intention is to make profit regardless of the circumstances, actions or omissions.

The profit motive assumption postulates that all actors in the business enterprise are driven by the need to increase their earnings from the business profits. The management wants to earn large pay and bonuses whereas the shareholders want to increase their value for their stocks.

Adam smith, ...

Events that led to the separation of consulting firms from auditing firms

The widespread concerns over the practice of providing auditing and consulting services by a firm to the same client are largely due to the need to curb conflict of interest among other reasons. Audit independence is apparently a necessity that defines the integrity of financial reporting. This and other factors have led to the split of consulting firms from auditing firms into two independent businesses operating in separate business environments. This is evidenced by the Enron case, and the general trend being experienced in the industry as observed in recent practices by the major players (Matthews, 2002). The separation of consulting ...

Scholars have developed response models to provide the criteria for understanding how consumers respond to market activities and as well, to provide a thorough understanding regarding interaction between competitors. Such models have helped in advancing marketing knowledge and easing decision making processes. Developing appropriate strategies to improve the competitive advantage of a firm is achieved by evaluating the nature of the market and a firms’ competitive position. Valle-Cabrera (2006) argues that pressures exerted by institutional and competitive market pressures force managers to make strategic decisions that conform to these pressures. Valle-Cabrera (2006) further states that following the resource-based view of the firm, ...

Part 1: Production Planning and Quality Management

Setting up of a production plant requires elaborate planning in terms of the location, raw material supply, production schedules, inventory, and transport. Creation of proper plans improves the efficiency in supply chain logistics, which in turn lowers the production costs while increasing the profits. In production planning, supply chain decisions involve both the strategic and operational plans. While strategic plans address the overall long-term goals of the firm, operational decisions focus on the routine functions of the firm.

Location decisions determine the geographic positioning of the production plant. It takes into consideration the suitability of the stocking and sourcing points ...

The Five Guys Burger and Fries restaurant chain was opened in 1986 serving only handmade burgers with a single location in Arlington, VA. It was opened by Jerry Murrell together with his four sons, who still run the business to date. Today, the business has expanded to more than 1,000 locations in 47 states and six provinces in Canada (Burke, 2012). The firm’s mission statement is aligned to the philosophy that if you plan to sell hamburgers and French fries in the restaurant industry, which is already concentrated with competitors, you have to ensure that your hamburgers and ...

Management

For firms to compete successfully on a global scale, several steps are taken. These include and not limited to diversifying, acquiring, and restructuring. Diversification takes two forms; product diversification and geographical diversification. Geographical diversification is the one that takes a firm into new markets on international levels. For a firm to be successful in new markets, it has to combine both product and geographical diversification. A set of activities is replicated that range from multinational replicators, far-flung conglomerates, and classic conglomerates. These steps make the firm able to match their competitors in the market.

Diversification reduces risks associated with single items or ...

In determining the price of a commodity, a cost/management accountant must rely on valid cost information so as to arrive at a price that will incorporate all the relevant costs. Not all costs that are involved in the production of a commodity will have a direct impact on the price of such commodity, it’s with this understanding that management rely on cost information in making pricing decisions.

Organizations need to decide the prices that are acceptable for their goods and services. However, sometimes the prices are determined by the market forces of demand and supply and thus a firm will have little or no ...

Question 1

Localization is driven by the cultural environment, institutional environment, the maturity of the organization size, the mode of operation as well as the subsidiary role. The environmental and institutional environment factor of the firm determines the management of people with a respect to their culture as well as the policy to have them work for the firm in that context. The maturity of the firm size determines the number of employees to be recruited and the needs of the firm they will fulfill. The mode of operation determines the working conditions and the skills required of the human resource. Lastly, ...

Introduction
The company was incepted in 1991 and had an original focus on the licensing of existing exclusive rights, research and development. They are today one of the leaders in the field of plastic injection. The company uses HRIS systems for its Human Resource duties. The HRIS system has not been very effective in handling the increased number of employees in the company and the increased number of activities performed in the company. [1] New HR software is required in the company so as to help improve the services of the company. The new HR software to be ...

Unit:

Solution to the Question

When fixed price is 1,000,000

Number of workers= 50,000

Workers daily wage=80

Other variable cost= 400,000

Therefore Total variable cost= (50000*80) + 400, 000

=4,400,000

Units of Output per day=200,000

Therefore, Average Variable Cost=4,400,000 / 200,000

=22

Average total cost= (4,400,000+1,000,000) /200,000

=27

Work productivity= 200, 000 / 50,000

=4
When the fixed price is at 1,000,000, the total cost per unit is $27. Considering the firm sells the output at $25 per unit, and then at this fixed cost, the firm is making a loss of $2 per unit.

When the fixed cost is at 3,000,000

Total variable cost=4,400,000 (calculated in part a)

Average variable cost =22 (calculated in part a)

Average total cost= (4,400,000+3,000,000) / 200,000

=37

Work productivity=4 (calculated in part a)

Advise: When the fixed cost is at $ ...

Introduction

In general, every firm possesses a specific market structure, which is mainly determined by the number of buyers, number of sellers, ease of entry or exit, and the degree of product differentiation (Arnold, 2010). The underlying determinants give rise to four types of market structures. These include perfect competition, monopoly, monopolistic competition, and oligopoly.

The short-run and long-run equilibrium for firms in a perfect competition industry is considerably different. Both short-run and long-run revenue data for a wheat farmer have been shown in table 1 and table 2 respectively.

In the long-run, it is assumed that the entry of new ...

Question one

Capital budgeting is a process that may be defined by proper understanding of the terms; capital which means the initial investment needed to kick start a business activity and budgeting which is the process of aligning resources to meet a given business goal. Capital-budgeting may be defined on the bases of the goals of a project, which are supposed to define the value of a project to the firm. Proper understanding of capital budgeting decisions is helpful in definition of the strategic decision of a firm.

Various processes should be taken into consideration while defining the use of capital-budgeting process useful in defining projects ...

S. T. E. A. M. Human Resource Department

Business Plan

Executive Summary Our Human Resource Department will provide support to the firm by availing Human Resource. This department will consist of Human Resource Program and Development Program. This department will consist of a Human Resource manage, two Assistant Human Resource Managers, two Human Resource Business Partners, a Recruitment and Administrative Services manager, a risk analyst and manager. The Department will oversee the staffing of the firm; that is the tutors, office staff, and teachers, and also will be in charge of Development of the staff. This will be through organizing training for the staff ...

Leadership Strategies for a Changing World

There has been a significant breakthrough in team leadership. The past few years have witnessed tremendous change in leadership styles and team management. However, there has been very less scholarly research undertaken on team leadership especially in a change management situation. This assignment will discuss the manner in which Kotter’s eight-step model of change management works in team-based organizations.
Firms have to consistently implement changes to the altering environment so as to grow and maintain their market share. In order to remain and sustain it is essential for firms to adapt to change. The technological breakthrough and the ...

Social responsibility refers to a firm’s capability to respond to issues beyond economic, technical and legal requirements to achieve social advantage coupled with the profit that the firm seeks. Corporate social responsibility has been the back of senior managers, but this has since changed to the firm’s agenda a whole. Corporate social responsibility is not an individual action because the manager alone cannot be entrusted to ensure the integration of the firm with the society in which it operates.

The concept of corporate social responsibility is majorly on the concept of stakeholder. This refers to any group or individual ...

The capital is the lifeblood of any company and the major constraint for the entrepreneurs because of the limitation of the sources through which they can raise capital. Raising equity and debt is believed to be the life of the economy. Raising money from the local citizens is a remarkable act but it seems to be miracle to raise money from the foreigners and this is what the globalization aims at. During the recent decades, the cross-border financial flows have been steadily increasing around the world. With the tight integration of the world’s economy, there has been an increase ...

List each company and describe the business that each is in

DHL Company Overview
DHL is an international market leader in international express delivery, airfreight, and overland transport. The firm is the world leader in contract logistics and ocean freight. DHL’s international network links more than 220 territories and countries. The firm has a team of approximately 285,000 employees dedicated to providing fast and reliable services that exceed customer’s expectation in 120,000 locations worldwide.

Boeing Company Overview

Boeing is the second largest manufacturer of large commercial planes behind Airbus and the second largest defense contractor behind Lockheed Martin. In addition to commercial jets the company also manufacturer military airplane. ...

Question 1

Explain why Nestlé’s supply chain should cope with the market challenges?
The management should be keen to improve its supply chain network due to the improvements in technology that have come in the recent past. This is especially through the use of the internet to facilitate a greater integration and globalization of its market. If the management does not try to meet competition at its level, or at a higher level it will be phased due to lack of progression. The market today is especially attracted to the use of new technologies in the provision of goods. The management ...

Management: Cathay Pacific Airways Limited

Management: Cathay Pacific Airways Limited
Cathay Pacific Airways Limited is a Hong Kong-headquartered international airline company that offers passenger and freight transport services across various world countries. The firm has been successful and is one of the largest and most profitable international airports worldwide today.

The success and growth of Cathay Pacific Airways can be analyzed using the SMART (Specific, Measurable, Achievable, Realistic and Timed) model which applies in drawing strong business objectives to optimize chances of realizing them (Marketing Teacher, 2013). Cathay Pacific Airways has succeeded over the years, realizing its goals of growth and profitability (In Financial, 2013; ...

The business environment is constantly reinventing itself with businesses combining new methods to improve efficiency. According to Schoenbachler & Gordon (2002), it is now necessary for businesses to change or risk being driven out of business by competitors. Top of the factors that have been a driving force in the business scene is technology. Through the years, technology has constantly changed due to individual’s demand for efficiency. This continued development has enabled people to connect and communicate more easily. The incorporation of technology into business has contributed to the efficiency of service delivery to consumers. A major technological incorporation ...