Currently people are living in the era of globalization. More information is becoming available for users of the World Wide Web in the whole world. It is important to be alert about the possible ways of leakage of information. Businesses become victims of scams and information leakage which has a negative effect on the overall success and prosperity of the enterprise. Industrial espionage is a term which is not often mentioned or being acknowledged by the big businesses. Oftentimes the heads of big companies do not want to accept the fact that they were victims of the espionage. Most ...
Essays on Competitive Intelligence
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1.0. Introduction to the Project Wal-Mart that is one of the giant industry players in grocery retail has launched a project in 2015. The project was centered on minimum wage hike to make it rise above the federal minimum level of wages. The company raised the salaries of its employee to $9 per hour that is $1.75 above the minimum wage limit defined by the Federal government (Kell, 2016). There are certain factors at the bottom of this wage increase. For example, Wal-Mart is renowned as the largest grocery chain of supermarket in the world, but its compensation plan ...
Theft of trade secrets has emerged as one of the easier crimes for disgruntled, unethical, or unscrupulous and opportunistic employees to commit. These employees may which to harm their employer or wish to achieve some personal gain by selling or trading the trade secrets that they can obtain through the course of their trusted access to company systems. These thefts are most often committed by individuals who are looking for alternative employment for those who are looking to start their companies, all on the backs of the good work of their current and soon-to-be-former employer. These thefts can be ...
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Business performance is one of the most significant components for the economic prosperity of any country. With this in mind, it is the obligation of any country’s federal government to ensure that the business strategies employed are beneficial in every way possible. Competitive Intelligence is a strategy that is common in the business market. However, its effectiveness in any business setting is dependent on a variety of factors including management.
Unlike Japan which is historically was but later shifted from being a communal system of government, Russia has maintained such traditions (Furet 2000). Japan is currently a capitalist country with only few ...
General Overview
As the world business becomes more competitive, companies are forced to adopt the new technologies that can help in improving the quality of their products. Competitive Intelligence is important in business as it provides very strategic ideas on how a company can improve its success. The company’s Competitive Intelligence gives it a very strategic vision that calls for the implementation of the changes in the business processes, the organizational and managerial systems, and the products (Bloom, 1997). For any positive change to be realized in a company, CI must be the requirement. The implementation of such changes calls for very effective ...
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