Industry Course Works Samples For Students

Part 1: Select one planning approach described in Chapter 3 of the Issel textbook and describe an ideal situation and least ideal situation for its use.

Advocacy Approach

The selected approach for planning is Advocacy. The best way to use this approach is to complete your planning before you proceed with advocacy approach.

An Ideal Situation

A least Ideal Situation
In the same situation, if you publicly announce the closing of a place in your specified goal, then you may provoke many by not talking to them, who have benefits related to the refinery industry. That include; several people in the community who have ...

For a long time, the diamond industry had been characterized by the monopoly power of De Beers. It was a price setter in the market for diamonds with its total share of the market reaching approximately 90 percent towards the end of the 1980’s. However, about three decades later, there has been a significant reduction in this monopoly status. Presently, De Beers has lost control over this niche industry. It is no longer De Beers that determines the prices for diamond, but rather the free or independent forces of market demand and supply.

De Beers had initially obtained its monopoly ...

1. Assume that you need a single room at an independent (non-branded) hotel such as the Roger Smith Hotel in New York for the first Friday and Saturday night of next month. You will be staying in New York to attend the wedding of a friend. Price the two-night room rates (including all taxes and fees) for your stay by searching the following travel seller’s Web sites: i. www.orbitz.com ii. www.expedia.com iii. www.rogersmith.com iv. www.priceline.com Which site offered the lowest rate for the two nights? Which offered the highest? Calculate the percentage difference between the lowest and highest price ...

Introduction

Remember the Titans is a movie centered on group development. It is about a Virginia football team that fell under the direct effects of racial conquests. In essence, the school was composed of a team that was characterized by those whites and blacks. In this regard, a new coach for the team was in cooperated into the management of the affairs that was pertinent to the affairs of people. Mr. Boone was a black coach who was appointed to replace the incumbent white coach. However, his leadership in the school team could not yield the expected results from the fact that, some members of ...

- Key points in Business Week Articles on Outsourcing & Impact on China Broadcasting Industry

There are several points that are identified in the Business Week articles on outsourcing. In the Rise of India article, the points raised are that outsourcing is considered as an opportunity for the jobless recovery in the tech and services between India and America.

However, the outsourcing has raised the jobless rate among US software engineers that have increased 4.6% in the 3 years. The report by Bureau of Labor statistics has recorded unemployment of IT professionals is 234,000. The outsourcing is a ...

Akpabio, E., and Akpan, N., 2010. Governance and oil politics in Nigeria’s Niger Delta: The question of distributive equity. Journal of Human Ecology, 30(2), pp.111-121.
Frynas, J., 2000. Oil in Nigeria: Conflict and litigation between oil companies and village communities. Germany: Lit Verlag Munster.
Omeje, K., 2005. Oil conflict in Nigeria: Contending issues and perspectives of the local Niger Delta people. New Political Economy, 10(3), pp.321-334.

The Nigerian political economy is seriously damaged by the rift between international oil companies with large-scale operations in the Niger ...

Given managerial values, professional or industrial values, values are identified as a set of expectations that each field (profession) should meet. It is what has been agreed upon as principles or decisions that guide actions in a field. Some values are universal while others are set aside by a company in a particular industry- mostly as their virtue.
Luthans Doh’s book of “Role in Culture”, Part two explains the fact that, the major dimensions in the study of culture is a value. It describes values as the basic conviction people have regarding what is right or wrong, good or ...

Introduction

Costco, the third largest retailer chain in the U.S. and the seventh largest retailer in the world, has significantly grown in the last ten years, a critical period disrupted by the great recession, e-commerce revolution, and global competition. Although a big number of retailing enterprises failed to survive the difficult challenges of the decade, Costco demonstrated an outstanding revenue growth performance over its key competitors – Wal-mart (includes Sam’s Club), BJ’s, Target, Sears, and JC Penney. However, based on an analysis of the 10-year financials of Costco and its key competitors, the profit performance of Costco has not ...

- Trade intensity can be described as the ratio of household fares to the income from assembling and then multiplied by one hundred. This implies that an industry with more household fares also has a high proportion of assembling incomes. Trade intensity is calculated by dividing the domestic exports by the revenue from manufacturing. The trade intensity for Canada was at 46.02%. This implies that a significant amount of the manufacturing products traded in the country are from industries based in foreign countries. When all commercial ventures are included, the trade intensity for Canada was 46%. This also implies that a significant ...

Introduction

There is a price war in the industries of the mobile phone and the supermarket, which is advantageous for the consumers and the respective industries. This price war is advantageous for the consumers and the industries from the demand, supply, and opportunity cost point of view. The cost of the mobile phone has declined; the continuation of this trend will make the mobile telephony affordable for huge population of the emerging markets. It also facilitates the consumers by providing more employment opportunities, increase the growth of the economy by increasing the GDP, allow the consumers not to become the victim ...

Over the years, maintenance of machines has become hard because of the interdependence of their components. There several papers that have suggested solutions to the existing problems and others provide probable preventive measures for optimal maintenance. Some of the reviewed articles revealed that there are a number of maintenance models with the two mains ones being individual maintenance and group maintenance models. Some of the ways used to search for maintenance modeling articles are internet services or use of published materials unavailable online. Overreliance on internet articles and use of different terminologies make it hard to find the right articles ...

Project Part 2: Organizational Overviews

Sugar Brush Resort was opened in 25th December the year 1958; the founder members were Damon and Sara Gadd in partnership with Jack Murphy. This era was referred as the Gadd Era which was between 1958-1977.The team was able to get influential people such as Kim Novak, Olleg Cassini and his brother Igor who was a gossip columnist; they became frequent customers of the resort contributing to its publicity. In 1977, the resort was sold to Roy Cohen, who managed it up to the year 1983.During the Cohen era, the resort was expanded, and Cohen was able to purchase the ...

Designing a database, especially those involving complex data, is not an easy task. One must first have a good understanding of the problem and the relationships among the entities of a given database problem before he can design a database that captures the real situation. One of the most common mistakes in database design is directly trying to design the database without conducting first a thorough background study of the case at hand.
Martin Robbin and Alice Bobbin (1989) advices that to be able to design a good database from a set of complex data, the database should be designed such that it conforms to ...

The trucking industry is an extremely essential industry in the economy of the United States. It has been extensively used for transporting large quantities of raw materials as well as finished goods over land. The industry has been influential to other industries in the country, making it highly reliable in the economy. The trucking industry is extremely influential in manufacturing, transportation, as well as warehousing industries. The industry has been renowned of its massive achievements towards development of the economy of the United States. However, it has become extremely challenging to achieve full benefits for the industry. This is ...

- According to the State of the Industry Report of Snack World magazine of May 2013, Americans are more willing to spend their money on snacks today than they ever did before. The current modern lifestyle has culminated in a time-pressed consumer whose only concern is convenience (Gatty, 14). This need has triggered competition among the industry players bringing with it both opportunities and challenges. The 2013 State of The Snack Industry Report indicated that dollar stores have gained ground with 2.3% higher sales in 2012 compared to 2011.Snacking frequency is also on the rise because consumers regard snacks as ...

Employee engagement is a commitment and trust that an employee has towards the company and its mission and values. Engagement of an employee towards his organisation is very important, not only for him but also for the employee. Employee engagement research highlights the engagement levels of employees in a specific company or industry, duration of engagement, consistency, and influence of supervisors and seniors in the engagement process.

Speaking from a perspective of an Oil industry from where I come, engagement research must start by measuring the nature of job of an employee. Engagement level varies as per the job description in Oil ...

What is the difference between deliberate strategies and emergent strategies?

Deliberate strategy is an approach coined by Michael Porter that intends to provide focus, control and direction when it comes to formulating strategies. Since this kind of approach requires direction, an organization that seeks to formulate deliberate strategy requires clear and well-articulated intentions containing specific details for better understanding. This kind of approach involves cooperative actions from stakeholders to achieve the identified strategy through the intended plan. On the other hand, an emergent strategy involves consistency and order in the engagement of an organization to achieve the intended outcome .

How might emergent strategies help with a future strategic planning process?

Emergent strategies are beneficial for companies that intend to ...

It has been 56 years since the festival has celebrated annually and people are always expecting for the Maine Lobster Festival or MLF that promises happy moments and delicious food. The celebration has many things to offer for the visitors. Every July, in Midcoast Region the center of lobster industry, the MLF held its big celebration. The Camden and Rockland are the two main communities that participate in the event. In addition, the two main industries in the Midcoast region are Tourism and Lobster industry. In fact, the Maine Lobster Festival highly symbolizes the involvement of the participating industries ...

Project Management is the discipline of planning, organizing, and managing tasks and resources in accomplishing a goal in relation to a deadline, budget, and scope. Basic planning includes defining a project, setting project activities, gathering resources, estimating project costs, preparing for quality and risks, and establishing security and communication. Projects have several tasks and activities from planning, implementation, and evaluation. It can get highly stressful and lost during the project period. This why Microsoft came up with a software application called Microsoft Project (Custom Guide, 2011; Microsoft Corporation, 2000a).

One of Microsoft’s product releases is Project 2010. It is a project management system ...

Introduction

As modern contemporary society draws its attention to labor-intensive approach to production, business analyst has become interested in determining what could constitute to increasing workforce efficiency. This was when the concept of motivation came into place, and intellectual leaders in the likes of Frederick Winslow Taylor began formulating a model or framework that would suffice for economic efficiency alongside work productivity. It is not a surprise that economic institutions began extending its resources to help power the thriving and yet promising business economy. Frederick Winslow Taylor initiated the application of blending in the principles of science to the engineering of ...

Hotel business represents one of the least profitable industries along with airlines, textiles, and several others (Porter, 2008).

Threat of New Entrants
New entrants pose a relatively low threat in the hotel industry. Primarily, this is due to high entry barriers set by a combination of factors. Specifically, they include high capital expenses associated with the entry, economies of scale, and a severely limited supply of attractive locations. As a result, it is difficult to enter this industry, so the threat of new entrants is not a major factor that can negatively affect profitability.

Threat of Substitute Products or Services

Substitute services such as motels, apartments for rent, and other affordable options such as eco-tourism may pose a high threat to the profitability of hotels. However, this force ...

Introduction.

Contrary to the belief that at least 50% of hotel businesses fail during their first year of operation, and 95% within five years, latest evidence reveal that at least seven out of ten hotel entrepreneurs do not survive in their first year of operation, and only 51% survive the first five years (CANINA, and CARVELL, 2007). The reasons behind hotel failures range from financial, management, and personal traits. The business requires commitments, excellent customer services, and producing quality demanded by customers. It also requires adjustments in tastes and preferences to match the continuous diversification and changes in demand structures ...

The studies in this unit were quite educational in trying to inform readers about the fashion industry. The readings also give readers a rough idea of the fashion industry’s influence on what people dress. I could not adjust my dressing style since I do not agree that the fashion industry controls everyone’s sense of fashion. I do my best to look good and I’m rarely affected by the mass’s sense of fashion (72 words).

Within the reality of fashion, I employed the theories on conscious consumption, social imaginations and collective conscience to argue my stand. When ...

1. Introduction: organization profile

Couture Fashion Week (CFW) is a set of fashion events most usually organized in New York. Started in 2003 by Andres Aquino, a luxury show producer, author, fashion designer born on Dominica, CFW organizes fashion weeks with participation of designers from all over the world. Started as a photographer and having covered thousands of shows in that role, Mr. Aquino launched Fashion Cyndicate Press – a fashion photography agency with big number of clients worldwide. Having made himself a name, he decided to use his charisma and experience in fashion to give his career a new development and to start organizing the fashion events. In ...

The product that I have chosen is Oil. Oil is a natural product that is found in oil wells in large quantities. The nature of oil found in these wells is crude and it has to pass through several refining processes, before the final product is obtained. Crude oil is used to create Jet Fuels, Motor Lubes, Petrol, Diesel, and other important products that are used by both the household consumers, as well as the industrial consumers. According to Economicsonline (2014), the use of Oil by the industrial organizations dates back to 18th century.

Source: Infomine, 2014

The graph above shows the trend ...

Abstract

The development of the maritime industry and the related cargo operations in particular, is an extremely important and interesting part of the historical development of business relationships and industrialization. One of the turning points in the history is the development of the shipping container, which, according to many professionals and academics, have turned around the industry and had tremendous effect on the business as a whole along with the automatization of the cargo operations.

There are numerous factors, which influence the development of the containerized cargo and bulk transportation. Both modes of transportation are subject to economic, political, social, technological, ...

Introduction

Human Resource Management is a critical department in the construction industry. Most of the construction companies do not understand the importance of human resource management in developing and utilizing the employees in the pursuit of optimum organizational performance, and consider making an investment in HR practices as a ‘luxury’, and ‘pen pushers’ (Wilkinson, Johnstone, and Townsend, 2012). In this industry, extensive labor outsourcing takes place, creating an opaque and transient employer-employee relationship. This cyclical nature of demand for the labor force makes the process of HR more difficult.

This sector works with subcontractors, joint ventures and alliances, and creates ...

Q1: What three industries in which a cost leadership strategy would be difficult to implement?

These three industries that would find it difficult to implement a cost leadership strategy include film, automotive, and aircraft manufacturing industries. These industries are essentially extremely high-minimum cost industries that even cost-cutting programs do not easily translate into low-prices available to mass consumers. Oftentimes, these industries rarely practice cost leadership strategies.

Q2: What is your favorite cost leadership restaurant?

McDonald’s

Q3: Name three examples of firms conducting a cost leadership strategy that use no advertising. Should they start advertising?

Q3.1: The three firms that conduct a ...

Introduction

Wireless technologies have revolutionized every aspect of our lives, ever since its advent it has not only changed but also enhance how conventional businesses worked. Among other contemporaries, wireless devices penetrated very fast and wireless applications were adopted with an open heart in almost every industry.
This paper analyses how wireless technology has penetrated into various industries and how well the wireless applications have been adopted and revolutionized these industries.
For the scope of this paper, the applications, adoption, challenges and benefits for education and financial industry will be analyzed and compared to study the differentiation of ...

Question 1

Apparently, the structure of the hospital services industry is assorted subsequent to the fact that there exist different hospital institutions offering identical services but of different quality. Considering that different hospitals particularly in the United States seek to attract as many customers as possible, competition is eminent. Currently, the nature of competition in the hospital services industry in the United States is stiff, because the number and size distribution of the existing hospitals is quite intense (Santerre & Neun, 2010). The degree of product differentiation in the market is currently high. The customers, on the other hand, have adequate ...

INTERPRETING FINANCIAL RESULTS

Published financial statements generally cover three financial periods. Coca-Cola Company's financial year ends on 31st December each year and therefore their 2014 financial report is yet to be released. This paper, therefore, analyses three years, i.e. 2011, 2012 and 2013.
- Liquidity Ratios

Current Ratio

The current ratio for Coca-Cola Company has steadily risen between the year 2011 and the year 2013. In 2011, the ratio was 1.05. It increased by 0.0401 to 1.0901 in 2012 before again rising by 0.0355 in 2013 to 1.1256. The steady increase can be attributed to a significant decrease in current liabilities from 2011 through ...

- Situational Analysis

Blackberry is a Canadian company dealing with telecommunication and wireless devices. The company is mainly renowned of manufacturing some of the most outstanding devices in the mobile industry. Following the improvements being witnessed in the modern technology, mobile phones are extremely critical as they had their equal share of influence. However, as time elapses changes are being witnesses in the technology world. Devices are being improved from time to time (BlackBerry, 2013).

The extensive exposure of modern technology in mobile development has been critical in defining competition in the market. The mobile industry has experienced extensive duplication of devices through ...

In his essay “Advertising at the End of the Economy” he compares our consumer culture, fueled by the US’s 175 Billion dollar advertising industry, with drug pushers and believes it is responsible for instilling in our culture the universal belief that our happiness is at the end of the retail checkout counter.

Our current version of capitalism needs the sale of commodities to survive and commodities need the advertising industry to instill a desire in the consumer. If middle class people of the world ever collectively felt they had everything they wanted to stage a happy family life, the ...

Career Background

I hold 10 years of experience in the areas of change and release management based tiers in addition to full support and problem management at the service level including available reporting of workloads as batch scheduling. Career was started as a human resource assistant manager from where I gained several opportunities that propelled me to new opportunities that provided me with a sense of purpose and a solid desire of achievement. This has allowed me to have leverage of my experience in highly disciplined environments that have added on my knowledge and methodologies in distributed workflow systems. I have gained the skills ...

The various services offered by Air Asia include:

- Flight booking services .
- Low fare finder .
- Customized travel .
- Inflight comfort services .
- Island and City Transfers .
- Travel insurance .
- Airport bus ticketing service in Malaysia region .
- Tune Talk Sim card in the Malaysia region .
- Fly thru service .
Fly thru service offers convenience to customers as it allows customers to connect seamlessly on multiple flight legs . Customers need not go through the security checks while connecting with other flights when they use this service .

Non-customers

Non-customers include customers that are about to turn away or ...

While many people might not realize that there is a current shortage of nurses in the division’s workforce, it has actually been an increasing problem throughout many different countries in the world. According to the article The New Nursing Shortage, Ramachandran (2014) states, “the recent recession made it more difficult for entry-level nurses to find work, as more experienced nurses put off retirement and stayed in the job force.” This is likely not only happening within the United States, but also with other countries throughout the world as well. Many people are working right past the general retirement ...

According to gartner.com the usual set of 4 “drivers” involved with CRM are now joined by a fifth equally important “driver” called the “internet of things” (gartner.com).

In her article published in the Market Realist website titled “Salesforce’s growth strategy focuses on the Internet of Customers” Samantha Nielson explains how the CEO of Salesforce Marc Benioff is looking to fit in his marketing startegy to the current US market and benefit from the new “Internet of Things” by pivoting to his customers.

Salesforce 1 technology works as a “custom publisher”. Developers can utilize Salesforce1 ...

Unions in the auto industries started emerging in the mid-1930s. The unions were mainly formed due to the production speeds in the production lines as well as the health and safety concerns that arose from the production(Bardou & James, 2009). The main union formed in the auto industries is the Union for the American Auto Workers. For over 70 years, the Union for Americas Auto Workers has set the pace in advocating for proper wages and working conditions for the employees in the American Auto industry. It also provides and fights for the pensions of the retired as ...

Ans 1: Banque de France (BdF) and the French Central Bank (FCB) compile the data on Foreign Direct Investment (FDI) in France to understand the balance-of-payments. International Transactions Reporting System (ITRS) is used to compile the FDI data flow that is reported according to the sectorial analysis. The BdF, the French statistical institute (INSEE) and the Department of Foreign Economic Relations (DREE) collect the operations data of the partners of foreign Transnational Corporations (TNC) along with the operations of French partners abroad . The Ministry of Economy, Finance and Industry collect the operational data from the foreign affiliates. As stated ...

- Social impacts of Hurricane Katrina

According to the Environment Public Health Impacts of Disasters Workshop (2007), the social impacts of Hurricane Katrina on New Orleans and Louisiana include loss of lives, mental health problems, loss of recreation activities, shortage of housing, air pollution, improper drainage systems, limited medical services, vector infestation, food contamination, and the challenge of unwatering flooded areas (p. 17).

When the hurricane hit Louisiana, a significant number of people who chose to remain behind during evacuation lost their lives. Some drowned in their homes while others were swept away by the floods. The hurricane destroyed homes, ...

What were the most revolutionary social and economic developments of the last quarter of the nineteenth century?

The railroads were the most significant element in the economic development of America in the last quarter of the nineteenth century. Railroads have charged what the market would bear, manufactured goods, and products as wood and coal. It stimulated the economy especially in the undeveloped resources rural areas were technological advances in railroading such as air brake, steel track, and sleeping cars accelerated the economic development. The settlement of new regions has moved swiftly, the land-grant railroads sold lands cheaply with easy terms and offered reduced rates to many travelers who were interested in buying farms.

Another social and ...

The primary thesis of ”Computer Graphics: Effects of Origins” is that computer changes affect culture as well. "These changes are not simply technical effects. They contribute to maintenance and change of culturally historical context" (Jones 51). New digital forms are based on traditional forms. "An increasing number of contemporary theorists are stressing the importance of origins and practices in unmasking assumptions within current forms and practices" (Jones 51). Art and culture are only getting an ally in computer programmes. There is a "reliance on previous forms" and there are "evolving possibilities in harmony with larger ...

Airline industry is facing several challenges, which range from: increase in European debt crises, increase in fuel prices and increase in air tariffs. The scenario is worsening day after day although; International Air Transport Association is optimistic and projects $3 billion in profit. This is a decline in profit compared to the previous years where the industry had achieved $7.9 billion and $10 billion respectively. A drop in profit is as a result of unfavorable macro backdrop in which the company has operated this year (Zacks Equity, 2012).
The underlying factors which have driven overall airline profits are decline in ...

Company Overview

Danone Groupe is one of the largest multinational corporations in the globe. The company, which was formed in France and later on moved to United States, operates in various countries, including: United Kingdom, India, Israel, Pakistan, China, Indonesia, Turkey, among others. In the United States, it operates under the name The Dannon Company, which was modified when the owners moved the company into the country to make it sound more “American.” Over the years, the company has merged with various companies, which is one of the main impetuses for the rapid growth of the company in the global market. ...

Principled thinking forms the most important of all issues related to ethics at the work place and in organizations. The main idea behind principled thinking is that there exist a myriad cultures, personalities, interests and claims that require tact, creativity, negotiating values and upholding values so as to maximize the resultant good while limiting the negative impact as much as possible.

All types and levels of ethical issues existing at the work place demand as much tact and creativity as possible. This is vital for the main reason of upholding the image of the organization and the industry while at ...

Below is the chart for the balance scorecard which shows the aims and objective of evolution engines. In this scorecard the segments included are shareholders value from the financial perspective; customer’s value perspective, internal value perspective and learning and growth perspective (Marr and Adams, 2004; Niven, 2005; Papalexandris et al., 2005) of the organization evolution engines. Evolution Engines is an engine manufacturer planning to initiate its business in the China. The balance scorecard is emphasizing on one particular segment which is manufacturing of the airplane engines. Elaborate details of division of segments and measure for enhancing the value ...

A rhetorical analysis of the article

The article was a report of the hearing by the US senate on the impact of media violence on children. In this article, Senators aim to convince the audience that media violence is real and that media has harmful effects on young minds. “Children today are being subjected to an unprecedented level of violent television content. There’s no doubt it is coarsening our culture, probably debasing our culture.

I fear, too, that it is weakening our society, as a whole.” Contrast, comparison and command are techniques that are used in this article to create a strong and convincing article.

The article ...

“Critically discuss to what extent Porter’s Diamond is a useful concept in explaining home and host location strategies of international business?”

Introduction

The Porter’s diamond model is used for explaining the competitive advantage which some of the nations or certain groups of companies have available to them. This edge benefits them in the business operations and hence leads towards operational excellence of the organizations. Porter’s diamond model is used excessively for analyzing the role of the nations and the organizations operating in the particular industry and further formulate the strategies which ease competition. This theory proposed by ...

Abstract

The American telecommunication industry has different players that continue to shape the direction of the industry day in day out. Some of the telecommunication companies that operate in this market include AT & T Inc. AT & T is an American incorporated company that deals in telecommunication services like Wireless or mobile telephony as well as landline services coupled with broadband television services. A clear company analysis reveals some industry strategic plan that has been applied by the company in pursuit of its economic goal in the market. This paper seeks to find the different strategic plans AT & ...

Product Support of Mission Statement

The mission statement of our company is mentioned below,

“We enable consumers to improve the quality and convenience of their lives by providing high-quality, innovative electronic solutions”

- The company has selected small appliances for their business portfolio because the electronic appliance which the company is intending to launch is perfect and effective at the same time. The company feels that they are very much effective and successful in the small appliance market in total and their engineers are doing the same thing in total. However, the current marketing plan of the company is not very effective. ...

The introduction of the television meant a big blow to the movie industry since most people could use the television to watch movies. This meant that the studios were to look for alternative as the move meant a big economic blow. However, in 1970, there was an introduction of pay television and therefore people had to subscribe for movies and pay monthly or pay on demand. This further led to the development of pay on demand and this was meant to satisfy the public with movies whenever they required one. Predictably, broadcast network executive, who advocated successfully until the late 1970’ ...

Egypt has the largest producer in the African continent and globally of long (LS) with the extra long staple (ELS) cotton, this accounted for the 50% of production in the world in the year 2008. This built a reputation brand for the quality of cotton. In addition, Egypt is vertically an integrated apparel and textile industry, 90 percent weaving and spinning companies which are publicly owned. It is over 10 years with over a growing number of the efficient companies that are private. Nevertheless, the sector has dominated the downstream industry with above 70% of the garment production. The government of ...

Question One

Financial statements can be viewed from three perspectives; shareholders, creditors and managers. To begin with, a company’s management is the largest users of its financial statements. It primarily relies on financial statements such as the statement of financial position, statement of income and cash flow statements to determine the effectiveness of all decisions it makes in the course of running the company. The owners of any company elect managers and directors to manage all the funds they invest into the company. As a result, the management is fully answerable to the shareholders and must deliver periodic reports detailing the effectiveness ...

Russia, one of the world’s most dominant countries, was founded as the “Principality of Muscovy” in the early 12th century after emerging from Mongol domination from the 13th to the 15th century . By the turn of the 17th century, the Principality of Muscovy was taken over by the Romanov Dynasty that expanded their territory to the entire Siberian region heading towards the Pacific Ocean. Peter I of the Romanov Dynasty, who ruled from 1682 to 1725, was responsible for naming this territory, which now included the Baltic Sea as “Russia”. Russia continued to expand in the ...

1. Information gathering.

This comes as an unexpected fact that faces the economy of various countries. Having in mind the expanding high unemployment levels, but on the same note, industry watchers, private companies and government employers in harmony say they need to get workers with the required proper skills. Some employers are now worried on how they shall find, train and even keep them in their workplace.

A clear example can be in the motor vehicle industry where the industries have to send their new qualified employees to the welding class. The root of all this as experienced in some countries and ...

The major players in the U.S. automotive industry have had to revisit their policies, strategies and manufacturing practices amid challenges resulting from today’s business environment. Traditionally Klier and Rubenstein (2009) noted that the industry players like Ford and General Motors once produced many of the intermediate parts in-house. Today, the situation is strikingly different as the auto-manufacturers import most of the materials needed from foreign counterparts. This paper explores the causes and effects of the latter state-of-affairs. The U.S. automotive manufacturing industry has resorted to importing most of its materials from foreign manufacturers mainly due to the competition ...

Statistics has it that the cruise line industry is the fastest growing in the sector of leisure in the tourism, travel and hospitality industries (Jr Brent et al 240). There has been a growth rate of 2100% between 1970 and 2006. Moreover, 68% of the cruises that have been taken have existed for a decade (Jr Brent et al 241). The industry undergoes a 7% growth rate annually. I choose the Norwegian cruise lines ; I feel that it will attract more people because billing itself a ‘freestyle’ cruise line, with regard to dining and was the pioneer to swerve from the two-set ...

The advent of the internet has changed the manner in which society receives and broadcasts information. Evidently, the influence of the internet on society are a given. One such area of influence is the on the traditional industries such as retail and education. With the increased ease at gaining information in the internet, the numbers of industries that are driven out of business also increase (Marrero, Schuster, & Riccio, 2010). The education sector has not been left unscathed. In the article “Will the Web Kill Colleges” is a poignant analysis of the challenge arising from the competition of real cites ...

Abstract

Fashion imposes trends and it establishes what is in fashion and what is out of fashion. The term comprises a historical evolution that has shaped the fashion industry as we know it today, through cultural interaction and scientific and technological development. Luxury fashion is not a basic need of the society, but a requirement for defining the social classes, the refinement and sophistication, or a statement of uniqueness, of avant – garde, of defying the mainstream fashion.
Key Words: fashion, luxury fashion, social classes, refinement, avant – garde, mainstream fashion.
Luxury Fashion Industry Report

1. Introduction
1.1 Fashion Industry (about ...

Read more

The article provides us with information about two separate studies conducted by Ernst and Young and University of Florida in 2002. Both studies analyze the causes and effects of inventory shrinkage in US retail industry.

According to the statistics, retailers loose at around 1.7% of their total annual sales on average due to inventory shrinkage, which includes shoplifting, employee theft and various errors.

In my opinion, inventory shrinkage is a serious problem to modern retail industry, as it significantly affects profitability of the company and its key indicators and results in consumer losses because of increased prices.

Firstly, inventory shrinkage ...