1. In the unfortunate case of a natural disaster occurring, there are various measures which should be taken into account, vital in securing the general population’s safety. These are inclusive of amongst others: - disaster response, evacuation measures, food and water delivery, medical service provision, fire-control and the fixing of electric cable lines amongst others. Regarding Case 43 as aforementioned, there should be guiding principles which are appropriate for the existing measures of disaster coordination. In the field of disaster and emergency management, there are guiding principles, which provide both an ...
Business Critical Thinkings Samples For Students
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Introduction:
Most employees seek today to maintain the good relationship with their employees and ensure that they improve performance. If the employees had a good relationship with their employees definitely they will invest interest in the future of the company. In this sense beginning my business would call for certain measures that ensure employees are satisfied and motivated. Hence there are essential needs to be met for a person for an employee to be able to succeed in the workplace.
Financial motivation is one vital aspect that should be considered in ensuring proper performance of the employees. This is because good ...
High power distance refers to the way that power seems distributed and how people with less power tend to believe that power is distributed unequally. In some cultures, people tend to accept that power is distributed in an unequal way while in other cultures subordinates can approach the boss and question some of the decisions that they make. Low power distance results in many difficulties when working with people in this social setup and at times leads to delays and convincing before a decision is made (Larry Samovar, 2013).
Mexico is a high power distance country where the society has ...
Leadership is a trait that differs from a situation to situation. Leadership, in a simple and small organisation, is different from Leadership in a large, complex organisation. Leaders of large, complex organisations need to build teams that would accomplish any outcome of the desired objective. Organisations need leaders that can collectively function across different business environment including emerging economies, start-up organisations and mature markets.
The globalisation of the business pushes the leaders to address several of these situations simultaneously. During the initial stage of accomplishing a specific objective, the Leader must first make sure that the desired objective or result is measurable and ...
Question 1
In order to achieve a global competitive advantage, firms as well as individuals pick strategic options that enable them to thrive in the international market. This is so because firms try to venture abroad for a wide of reasons. In this paper, we focus on key factors that can influence firm decisions in going international. These factors will offer a comprehensive rationale for the decision to go international. Therefore, the factor, which motivates firms to go international, is broadly divided into two groups pull and push factors.
The pull factors have proactive reasons because they are forces of attraction, ...
Ahead of its time, IDEO’s shopping cart did not receive a positive feedback when initially designed and launched in 1998, as it did not made it into the stores at that stage. It did, however, entered the stores under a reshaped formula, but based on the IDEO’s prescribed formula, later on, hitting the large supermarkets like Carrefour. In this case, in terms of innovation, IDEO demonstrated visionary leadership, although the company was not later on the beneficiary of the success that its designed shopping cart registered. Looking at this situation from an entrepreneurial perspective, there can be ...
Ethics in business are vital as they limit the extent upon which administers and managers may go so as to earn more profits. It is paramount that any organization maintains an ethical code that all employees and stakeholders will follow and maintain.
The ethical dilemma in this scenario is whether to sell or not to sell. The salesman of the company has been offered a deal that will see him earn a commission of over $100,000. He will also earn the company huge sales. He can justify himself and argue that the sale of the drug is legalized by the ...
Any good is either a private or public good. A public good can be enjoyed by more than one person concurrently. Public goods are further classified as pure public goods and impure public goods. Impure public goods are goods that can be used by more than one person. The limit goes up to a point where exclusion is made possible. Impure goods are also known as club goods. In common property resources, impure goods are open for consumption to numerous people up to a point where restrictions are put and consumption restricted. The main difference between impure and pure public goods is ...
Introduction
Work ethics refers to believe in moral benefit of work, and its ability to enhance character. It is most relevant in personal, academic, social and professional goals because of several reasons (Moon, 2001). First, it helps to increase productivity at the workplace through enhanced teamwork among professionals. Secondly, it aids in proper decision making culture through the enhancement of accountability and transparency when undertaking business decisions. Thirdly, it sensitizes an individual to act consistently even in difficult times and finally it helps in asset protection by enabling an individual to protect and respect business assets. For instance, one is ...
This article gives an elaborate introduction of the processes and activities involved in the supply chain management. The processes like procurement of the materials, processing of the materials as well as distribution of these materials to the relevant destinations and customers. The processes of transforming raw materials into finished goods are also well catered for in this article. The article shows that the supply chain is commonly found both in the manufacturing and service industry where the degree of complexity of the supply chain varies from one industry to another as well as between firms. The article shows that ...
This interview with Tania Seary, CEO of The Faculty, focuses on Procurement and its advantages over traditional Purchasing. For background, The Faculty is a management consulting firm based in Melbourne, Australia and focuses on helping organizations identify and initiate activities to optimize procurement strategy.
In the interview, Ms. Seary discusses procurement as a process of developing strategies to achieve long term cost reduction, manage supply chain risks, and gain competitive advantage, a concept that is different from traditional purchasing which is mainly just acquisition. She stresses that the benefits of moving from a traditional concept of purchasing to strategic procurement can be felt ...
Question #1: As the e-Activity states, CompUSA executives were criticized for employing a "pay for play" model that meant vendors who paid the company more were given more exposure in stores and in promotions. Assess the congruity of this model enforced by CompUSA in relation to capitalist ideals. Based on your assessment, criticize or defend the "pay for play" model on moral grounds.
According to some capitalist ideals, individual demand is the source of any value in the economy or market. Therefore, according to this kind of definition, the “pay for play” model utilized by CompUSA executives ...
Synopsis
This submission begins by proving a general background to change and the change process. The introduction also details the environment in which the twenty first century organization operates in and how it determines or influences the change process. The submission also discusses the central role that the management plays in providing leadership in organizational change triggered or influenced by various factors such as technology, globalization, environmental concerns and the growing knowledge of the workforce. The submission also provides various examples to illustrate the key role of the management in providing leadership in organizational change. The submission highlights the case of ...
Question one
The Malcom Baldrige National Quality Award is awarded based on specific criteria. Seven important aspects, which include; leadership, customer focus, operations focus, strategic planning, workforce focus, results and measurement, analysis and knowledge management of an organization are evaluated. Back in 2008 I worked for the US Army Armament Research, Development and Engineering Center (ARDEC). Based on its management and the performance, ARDEC would definitely qualify for the MBNQA award (Wine, 65).
Question two
ARDEC qualified for the MBNQA award back in the year 2007. This was a historical award that made the first defense department to be accorded an MBNQA award. ARDEC ...
A good strategic plan for any private business or a government agency must be able to consider the businesses’ short term goals, as well as the midterm and the long term goals. Just like the Chinese proverb that says: when making annual plans, plant corn, when making decade long plans, plant trees and when making life long plans, educate and train the people involved.
The decisions made must be based on the present condition of the business and where it wishes to be after a predetermined period. As statistic analysts, the concept of the present condition of the business and where ...
Introduction
This book details the processes and activities involved in the supply chain management. Some of the processes discussed in this book include purchasing of goods and services, processing of raw material, as well as distribution of finished products to the consumer market with the aim of meeting consumer needs. The processes of transforming raw materials into finished goods are also thoroughly discussed in this book. The author of this book explains that the supply chain is commonly found in both the manufacturing and service industry, where the degree of complexity of the supply chain varies from one industry to ...
Part 1
Ethic in business is a crucial thing. In these paper Halliburton company is said to have been involved in corruption scandals shall be evaluated. At the same time the Wal-Mart company that has been exploiting people shall be evaluated from different perspectives as outlined.
Utilitarianism takes two dimensions, the act utilitarianism and the rule utilitarianism. The act utilitarianism has it that consequences of a single act be measured depending on how right or wrong the course of action was. The basic rule in this case is exercising the probable benefit. In this case the point of reference in every action that ...
Introduction
a) My first and most important strength is that am deliberative. This shows that am careful and very aware of the risks. I can easily access the risks and easily reduce them. I usually face life with a certain reserve in life. This implies that I can plan ahead in order to in order to define what is going to happen in future. Personal matters are really conserved and friends are selected cautiously.Another, strength is that am consistent. I don’t decide in any persons favor and hence I treat all people alike. Am always against people who get some special ...
On the other hand, Wolff sees the university as the pursuer of simple truths in various areas and the institution responsible for the preparation of young people for the pursuit of these simple truths. Finally, Readings envisions a scenario where the fragmentation of university as a factor that can be put be leveraged on and put to good use. While all these perspectives are true in their own rights, it is this paper’s contention that Kerr’s assertion is the most defensible. This paper will discuss why the university is a loose federation sufficing for the satisfaction of diverse needs.
It ...
`When the reported that the Adelphia Corporation was facing imminent collapse, shock waves ran through the business world. The reveal of Adelphia scandal made the world rethink their business practices. The story of Adelphia presents how one of the largest companies in the United States could also cause on of the largest cases of fraud in business history. By taking a closer look into the Adelphia scandal we are better able to determine what went wrong and what can be done in the future to prevent these types of instances.
This hidden information led to questions about how we evaluate ...
The current united state healthcare is not very good. There are many problems that the citizens of the United States face as a result of the poor condition of the healthcare. In the first place, a high percentage of the people in the United States have no insurance cover such that they cannot receive treatment sometimes due to the fact that they cannot afford. The other problem is that the healthcare is very expensive and therefore many people end up not accessing the Medicare care they deserve. In addition, these high costs make it difficult for the citizens to have regular ...
Introduction
Stars Hollow Hat Company is a manufacturing firm that manufacturers and coincidentally looks for market for her finished good. Given this nature, the firm would thus require three major departments along which the job families shall be aligned. These include: management, production and sales. The following discourse focuses on firm in terms of the probable job families that would project the firm into greater heights of development.
Management/ administration: members of this department are charged with the supervisory role of the entire firm. They are mandated with the day to day decision making and ensure that both the process of ...
In the Economist debate over the presence and legitimacy of the ‘global elite,’ Jamie Whyte and Daniel Ben-Ami argued both for and against, respectively, the right of the global elite to have the majority of wealth in the world. They also discussed whether or not they subjectively ‘deserved’ to be there, and whether their status on the top was beneficial for the whole of humanity – whether they ‘served the masses’. Jamie Whyte argued for the legitimacy of the elite, as they are providing services and purposes that are proportional in importance to their income ...
Introduction and general statement.
The action of applying rationality in handling certain pertinent issues in life and especially in the world of business has proved to be a vital step in ensuring learning and improvement. Exercising a critical analysis of a document, journal or any literary work helps one to come up with varied ideas on top of those presented in the material or materials being reviewed.
In connection to the above introduction, this paper shall comprise a critical review of two journals. The journals both handle the same issue or topic but then, they have a considerable amount of differences based on a number of aspects. Such ...
Principles of finance
Undiversifiable risk is also known as known as systematic risk. This is a risk, which is common to all securities, for example the market risk. However, diversifiable risk is also known as unsystematic or idiosyncratic risk. This is the risk associated with individual assets or certain sector of economy or a specific company. A major lawsuit against one large corporation is a diversifiable risk because its effects will be felt in that corporation only and not the entire economy or market (French, 2003).
A substantial rise in oil prices is an undiversifiable risk because oil affects all sectors of economy in ...
Use of Common Property to address the Commons Problem
Introduction
The use of common property to address the problem of common people refers to the tragedy of the commons. Most of the work on environment cuts across the pro-regulatory traditional protectionist laws and policies.
According to Acheson, the tragedy of commons does not hold correctly to the future of all the available resources. Private owners instead of the general deserving public use the resources. Acheson reviews several classic examples of managing environmental resources in his essay. There are some institutional regimes, which have been in operation for a long period without degrading the available resources. In addition, ...
There are varied definitions of common property that exist in various contexts. Its application and use is, therefore, determined by the specific context. Our definition of common property is in relation to real tangible property. Common property in this context of real properties can be defined as a property that is collectively owned by public or a community to which every member of the community has equal right to use and access. Sometimes, the government can own common property. Where government owns common properties, all citizens have a right to use it in various activities. The ownership and product of that property ...
Nature and role of marketing
Marketing is a process of selling and communicating the availability of goods and products to consumers. It is an act of enticing public by giving information of the location of the products. It is an organizational function of delivery, creation and giving customers value. It is extended to customer's relationship that benefits institution in improvement of the product sale. Marketing is described as the science and art of choosing the market target. It is made possible through market analysis and segmentation. It is projected to customer understanding in their purchasing behavior. The marker is given a chance to give priority to ...
Foundation Course – Fundamentals of Networking
[Your University Name Here]
[Your Department]
Contents2
Introduction..3
Pricing4
Discussion of Design Considerations5
VLANs 6
Protocols Involved in Constructing a VLAN Based Switched Network7
Cisco VLAN Trunking Protocol (VTP).8
Classless Sub-Netting.9
Spanning Tree Protocol (STP)9
Router on a Stick.9
Network Diagram for the Gaming Competition10
Three Layer Hierarchical Model11
Bandwidth Requirements for a Gaming Network..11
Conclusion12
References13
Introduction
This paper includes the monetary quotation that will require to setup a network for playing Online and LAN games. All the state of the art technology used in the gaming industry is present in ...
FedEx is made up of several divisions. The most significant division, and market leader in its segment is its FedEx Express unit. The FedEx Express unit is the world's number one express service carrier. FedEx Express delivers three and a half million packages every day to two hundred and twenty countries. FedEx owns a fleet of six hundred ninety airplanes, and fifty thousand motor vehicles and trailers. FedEx Office retail outlets and shops offer document-related and business services. These retail outlets also function as hubs for other FedEx units ("FedEx corporation competition," 2014). When FedEx is measured against all other parcel ...
A Study of Issues Affecting Emergency management of Road Accidents
Problem Statement
Road accidents are real issues that affect every nation. The extent of its effects is the most alarming instance that needs to be addressed if any affected country opines to curb the situation. In this case, emergency operations in my country have been on the forefront of safeguarding those who fall victim of the consequences of accidents. The management with the mandate of curbing accidents is placed in a way that it has set backs and back trailing instances that require to be abetted. The purpose of this study is to identify the problems that have been ...
Introduction
China is the most populous country in the world. It is one of the fastest growing economies in the world. The population of this country is also growing at a steady rate. As a result, the demand for food in the country is growing with time. One of the reasons why the demand for food in China grows with time is the steady growth in the economy. As people’s purchasing power in the country increases, their eating habits change thus causing them to demand different varieties of food. Food security is important to a country’s growth and sustainability. Food security ...
Excellent communication is the key in achieving success in any field of business, especially in the line of business process outsourcing or BPO. The working environment in these companies is more diverse, stressful and challenging. Every day, many customers call their company’s contact centers to report a specific problem they encounter. Many foreign companies seek new ways of lowering their labor costs by investing in other countries with lower currencies such as China, Mexico, Philippines and India. As we move on to this paper, I will enumerate the seven reasons of the customers’ difficulty in relaying their technical issues. ...
Theoretically speaking, the term 'stakeholders' refers to "any group or individual who can affect or is affected by the achievement of organizations objectives" (Freeman, 2010). It is obvious to expect the differences in stakeholders expectations for a profit business to that of non-profit organizations.
The biggest difference is the monetary expectation. As non-profit organizations don't make monetary benefits from their operations, stakeholders cannot expect financial benefits. The goals of these firms are, usually, providing a charitable and educational service. As such, stakeholders including funders, volunteers, participants, clients and government officials may have different expectations ranging from providing quality service to ...
Advertisements are meant to be as attractive as possible to encourage the consumers to purchase the goods and services over competitors’ goods. In the spirit of competition, some business advertisement is deceiving and give fluid definitions and quotations that are not real and hence are ethically wrong. Statement of Ethics listed in the American Marketing Association (AMA) advocates for Honesty in Marketing. Consider branding foods ‘all natural’. Several lawsuits have been filled against several brands of commodities labeled as ‘all natural’ yet they contains unnatural ingredients. According to Wall Street Journal by Ashby Jones, September, 2011, “is your Dinner ‘ ...
Women's Health under the Affordable care Act
Health Policy
Affordable Care Insurance to women is one of the recent reforms in insurance and health sector in America. The issue of affordable health care insurance to women is a complex and challenging task for the American government and its policy makers. As a result of risks involved in women's health and life uncertainties, it is prudent for women to be covered under affordable care insurance. This is because women health reforms will provide health care coverage for children and women of childbearing age as well as changes in health care delivery. This requires introduction and expansion of health ...
The business environment is a constantly changing environment where new business ventures erupt with new ideologies. These new businesses might either flop or remain relevant to the industry with their new ideologies and economies of scope. When these firms remain relevant to the latter, their implications to the new firms, therefore, are either to embrace the changes or fight them through the old existing strategies. Technological advancements are the most dynamic economic ventures. New businesses and business ideas are constantly developed in the industry to ensure that new inventions are made to satisfy the constant needs of the customers. However, ...
Money is an economic igniter that has a powerful effect on spending and saving. Money makes economic transaction more efficient, therefore individual are better off with the money than without it. Therefore, from my personal perspective, I think am better off saving money than spending. This is so because I believe saving money is making money. For instance, last year I made around 11,000, I have 6,500 in savings and I spent the rest at the age of 20. I saved more money in order to secure a better future. Spending money is a daily routine because we have to ...
PART 1: PICTORIAL PRESENTATION OF A GOOD DESIGN
Effective designs should reflect competence and devotion to delivering the best in the market. Below is a list of various designs, which are brilliant. One distinct design attribute depicted is the black and golden yellow color combinations. These designs can also be produced in different other colors as appropriate to meet the needs of the market. They can also be tailored as per special specifications.
The pictures above represent a bad design for fashion. Notably, the designs are not consistent in the manner they have been made. They do not depict competent skill and therefore they are not a good example of a ...
Introduction
Strategic formulation is defined from the context of organizational goal derivative, examined success and framework development needed to provide anticipated results as per given plans. This involves utilizing significant communication strategies, examining the required provisions that would be purposefully utilized in order to strategically develop a model within which the changing environment will need in view of resource, budgetary and organizational development.
A critical assessment of key aspects of strategic formulation and implementation is captured within the pretext of Zara’s success by identifying strategic direction and developing the applicable metric which would evidently ignite its development process. Direction ...
Doritos ‘Goat 4 Sale’ advert is powerful commercial that uses humor to attract viewers’ attention and curiosity while promoting Doritos chips as the most delicious and addictive. The goat is seen, screaming, kicking things and jumping on the table because there was no Doritos chips left in the cabinet. These funny events can easily be recalled by the viewer because they are distinctive and unusual.
The Doritos intended to promote their chips as the most delicious and addictive. The main characters in the commercial are seen eating the chips. The goat is captured eating chips stored in the ...
- a. Explain what L’Oreal does specifically to improve their approach to multicultural marketing.
- Provide a specific example from the text. Be sure to elaborate on your example and explain why this is better than the “traditional” way of doing things.
One specific example of how the multicultural approach of L’Oreal works is the experience of an Indian-American-French manager of L’Oreal’s men’s skin care line. He claims that he is able to handle cultural complexities because since childhood he has been exposed to three different cultures through reading in different languages and ...
“Customer service is a critical element of services marketing. In services companies, customer-contact employees serve as the face of the company to the consumer. Therefore, it is reasonable for these companies to mandate that customer-contact employees act “happy” when they are on the job as this is what they are hired to do”.
Rather than saying that customer service employees should act happy because the management requires them to be, it would have been better to motivate the employees to be empathetic. Internal marketing means the services company must keep their employees to be motivated to be customer oriented. ...
Scenario One
Sebastian commits this offense when he dishonestly buys business class tickets with the intention to sell them. Evidence of further dishonesty is illustrated by his travelling in economy class while the company records indicate that he travelled in the business class. Even though no harm results to the company from his actions, the case of Attorney General’s Reference (No. 3 of 2003) held that the key determinant in the offense is the conduct, not the results. Accordingly, Sebastian has committed the offense regardless of the outcome of his conduct.
It is however imperative to note that it ...
Introduction
Capitalism refers to a form of political and economic system where country's trade and industry is manned by the private sector, rather the government. Every society is characterized by an uneven distribution of wealth and income. The speculated thoughts help a small percentage of the people in the society to gain control over the majority in the country. Therefore, the minority must, be able to find ways in which they sustain their status quo within the society. The majority group uses myriad ways to battle and be at the top of the prestige minority class. For instance, they convince the majority ...
How Melissa’s communication Style impacted the performance of the Italian partners?
Melissa Chang’s communication style had positive impact on the performance of the Italian partners. Melissa was initially hesitant to visit Italy as she felt that her company had not upheld basic business standards by not providing the basic product information to the Italians. However, when she provided the necessary information and answered all their questions in an effective manner, the Italians were encouraged by her positive approach and they could listen to her feelings which were genuine. They sat down with her the next morning and provided all the relevant information like their sales records. They even drew ...
The Customs Union of Russia, Belarus, Kazakhstan
THE CUSTOMS UNION OF RUSSIA, BELARUS, KAZAKHSTAN 2
The Customs Union of Russia, Belarus, Kazakhstan
I will consider the advantages and disadvantages of the Customs Union of Russia, Belarus, Kazakhstan in the table.
THE CUSTOMS UNION OF RUSSIA, BELARUS, KAZAKHSTAN 3
The Customs Union of Russia, Belarus, Kazakhstan
The main feature of the current global economy is the creation of different regional economic formations. Since the early 1990s, Russia has initiated several integration projects in the region. The Customs Union is one of them. The Customs Union of Russia, Belarus, and Kazakhstan became reality on the 1st of January, 2010. A customs union is a ...
Introduction
This is a probability analysis paper that is based on the results of a telephone survey that was conducted to determine the strengths and weaknesses of Springdale, Downtown and West malls located in Springdale. There were 150 respondents and 30 variables in the survey. The paper concentrates on 8 variables.Q1
- There were 107 respondents who stated that they spend at least $ 15 dollars during a trip to Springdale Mall. Therefore, the probability that a randomly selected respondent spends at least $ 15 to shop at Springdale Mall is 107/150 which translates to 0.71. Probability is computed by dividing the number of favorable ...
Question No.1 3
Question No. 2 4
Question No. 4 5
Question No.5 5
Question No.6 5
Question No.7 6
Question No-8 7
Other: Question No.1 8
Question No-5 (Other) 9
Question No.6 (Other) 9
Marketing Final Exam
Question No.1
Distinguish between a product item, product line, and product mix. What are the four advantages (benefits in this sense) of product lines? Do not use examples in the product concept slides. Choose your own. Include a photo to illustrate items, lines, and mixes.
Advantages of Product Line
Life Cycle
Expansion of product line is also a growth ...
CRITICISM ON THE PATIENT PROTECTION AND AFFORDABLE CARE ACT
Recent media coverage places emphasis on several public and health policy issues. The Patient Protection and Affordable Care Act get attention from diverse groups. The Act aims at ensuring all Americans receive affordable and quality healthcare (Hartocollis, 2013).
President Obama’s government views it as a means of improving health while regulating the cost of medical care in USA. Through the Congressional Budget Office’ planning, the cost of providing care for over 94% of the nation’s population is possible. The Act’s provisions make it popular; for instance it strengthens and reauthorizes nursing programs under the funding of ...
The Perils of Bad Strategy
Thesis
This paper is a critique of article in the McKinsley Quarterly on The Perils of Bad Strategy. This article is a synopsis of the book ‘Good Strategy / Bad Strategy: The Difference and Why It Matters’ by Richard Rumelt from the UCLA Anderson School of Management. The first section of this paper will discuss the main argument and evaluation of this article. The next section of this paper will summarize the key points discussed in the article. The final section is the critique of the article, discussing the strengths and weaknesses of the discussion in the article and notable ...
The wellbeing of the world should be the bother of every individual. The world almost sunk following lack of adequate facilities to manage waste. Different governments in the world need to come up with adequate plans or strategies that would help them in defining ample waste reduction in specific countries. Ensuring clean environment is one idea that would solve the problems that are associated to excessive waste that is being releases to the atmosphere at current times (Maczulak 138). An outstanding example of countries with exclusive waste problems is the Republic of China. Solving the problem in China would ...
Water sector infrastructure consisting of water and waste water systems, has an extensive history of implementing policies and programs to provide safe and clean water, therefore, protecting and improving public health and environment across the nation. Under the guidance of the Clean Water Act (CWA) and Safe Drinking Water Act (SDWA), for above thirty years, drinking water and waste water services have been carrying out routines to survey ways to improve water quality testing techniques. (Sullivan, 2011). The sector’s public health, security, environmental and resilience efforts form a profound approach to make available safe drinking water, safeguard public health ...
Abstract
Introduction
The title of the article is - The Rube Goldberg Democrats. The source is The Wall Street Journal. The author is Daniel Henninger. The argument for the article is that it is against Obama Care. The author emphasizes that this program is characteristic of other failures by the Democrat Government such as social security and admission to colleges. This article stresses that Obama Care will put a blemish on the brand identity of The Democratic Party. There are several elements that I will discuss in this essay. They include, increasing expectations on government, failure of the Democratic Party ...
Critical thinking
Q1
When a company decides to go international, some major decisions have to be made. A major decision is whether the company has solid and well established operations in its home market. The home market must serve as a foundation for its international expansion. The company for this international expansion is Walgreens. With its plans to enter the European market, the company must ensure that its distribution network in its US market is effective and strong enough to sustain its costs of setting up its international operations. The other point that should be looked at is the human resource capabilities of ...
Role Play Scenario
The proposals of finance manager, in result of the poor financial ratios are debatable. There are many advantages and disadvantages of implementing all three suggestions. The first suggestion of reducing the holding stock by fifteen percent to twenty percent can reduce the holding and manufacturing costs. However, it will affect the trust of shareholders of the company. Shareholders may assume that the business is losing the market share, or the business is not capable of finding new markets for more profits. Therefore, in these circumstances the business may face a failure of the right issue. Moreover, in the competitive environment, ...
Introduction
The process in which there is a decline of manufacturing in the region or society; for example, when a company closes down its production facilities due to being under pressure from the foreign competition. It is an economic and social change that happens due to the removal of many industries. Marx’s and Row thorn’s theory of de-industrialization is considered one of the earliest definitions, which say that it happens due to technological innovations . With the invention, work that is more physical is increased and with that, the capital increases. The machines then replace the labor and the rate of ...
“Budgetary control is part of overall organisation control and is concerned primarily with the control of performance. The use of budgetary control in performance management has of late taken on greater importance especially as a more integrative control mechanism for the organisation”. Critically evaluate this claim, supporting your discussion with both theoretical arguments and practical examples.
Introduction
The primary objective of budgetary control is to plan and control an organization’s activities in the short-term as opposed to the long-term corporate and strategic planning with broad objectives. While the short-term plan may be for the objectives for the subsequent accounting year, ...
Introduction
Different countries have different subcultures with each subculture demonstrating certain characteristics. The following discussion analysis a sub-culture from Japan called Gyaru.
Description of Gyaru sub-culture
Details
Gyaru is a Japanese cub-culture generally consisting of young girls. Gyaru is a Japanese name meaning ‘gal’. Gyaru sub-culture originated in the 1970s and always classified as a sign of youth rebellion. Members of Gyaru can be found around the street corners in all major cities in Japan. They are characterized by heavily bleached hair with, mostly with dark brown and blonde shades, extremely decorated nails, and funny makeup as shown in figure 1. Figure 1 shows Gyaru girls with ...
Summary:
The article, A Model on Business Ethics, elaborates the concept of business ethics where the expectations of the businesses in the current world are outlined. The expectations outlined includes lobby groups, government legislation, increased education and the responsibilities of various institutions. The power and influence of the media on the ethics of business are also well elaborated. The impact of professional associations was also emphasized and how they influence businesses with respect to cultural issues. The perceptions of business ethics is also elaborated with respect to leadership relationships, staff relationships among the staff and the relationship among the shareholders. ...