One goal of discipleship is to create synergy that leads to improved ministry operations. Why is ministry synergy an important element of effective discipleship? What are some of the key benefits and disadvantages of creating ministry synergy by focusing discipleship around the mission, vision, purpose, and goals of a church? Why? Ministry synergy is a vital aspect in the path to discipleship maturity. This is because the effect of a combined effort by all the disciples is usually far much bigger than the individual effort each may exert. This is of course in relation to the strategies and projects ...
Essays on Synergy
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Integrated marketing communications
INTEGRATED MARKETING COMMUNICATIONS Introduction Nestle is well known in the food industries of India due to its brand known as Maggi noodles. Maggi is a well-known brand for noodles, soup, sensing and was established around 1947 in Switzerland (Sahoo, Mishra and Sahoo, 2016). In 2015, the Maggi noodles faced a crisis when the Food Safety and Standards Authority of India recalled 9 modifications of the brand in the market around the country (Desai, 2016). The claim was that the product contained some traces of lead and glutamate that are considered unsafe for human consumption (Soni and Harnawale, 2015). Due ...
Chapter 2, Question 6
Creation of teams in an organization is a significant activity in order to attain productivity. Most corporations tend to create teams for instituting synergy impact into an organizational conduct. Besides, an employee team is another approach of motivating resources and extracts maximum output in least possible investment of resources. Moreover, a successful and healthy team in an organization is a measurement of leadership skills and effectiveness of internal leaders. A leader is liable to combine a reserve, innovative, and active resources under similar banner for regulating the routine conduct (Hall, 1-2). Over the years, creation of employee teams has ...
According to personal understanding, the article published by Zenger, Folkman, & Edinger (2011) focused on complementary skills required with extraordinary and natural leadership trait. The authors discussed a situation where Tom was working for a Fortune 500 organization as a sales executive. In his overall work span, Tom was appreciated by the organization and peers for his efforts, and generated results simultaneously. Besides, he was a benchmark for other executives working for the organization. Moreover, Tom possessed set of skills that was beyond excellent result generation. He had demonstrated his skills in identifying a potential problem, provided solutions, and demonstrated ...
Executive summary
This report is an analysis of the performance of Kodak over time since its inception. The report finds that the dismal performance of Kodak is largely as a result of the poor leadership elected to lead the company. The report traces the failures of the company to the hierarchical and toxic leadership styles that saw the company lag behind in joining the competitors in the migration to digital photography. The report concludes by highlighting the specific failures of leadership that cost the company a fortune had it transformed into digital promptly. The report recommends a series of actions to ...
Operational Plan for NAB Company
Key Aspects of Operations Initiating the operational activities of the company, Non-Alcoholic Beverages Company (NAB Co.) would require approximately 200 employees in single shift. The company would be regulating two shifts in a day. The organogram of 200 employees each shift would include production workers, monitoring teams, shift managers, and Melinda Cates in the morning shift. The evening shift would comprise with the similar pattern of labor utilization but Stephen Job would be regulating in order to cross check the morning activity. The company would need a 5,000 sq ft. space initially to place equipment and conduct the ...
The largest municipal police task force in the country, the New York City Police Department is not only an important element of the national law enforcement system, but also it is a unique depository of academic knowledge for the professional organizational, human resources and organizational culture explorers. The purpose of this work is to identify the key leaders of the organization, who affect its communication. In addition, this research provides a description of organizational performance, its mission, vision and culture. The final section of this report explains the pertinent internal and external audiences, who receive the communication. First of ...
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Introduction Synergy is often referred to as the underlying motive for a merger or an acquisition of a smaller company by a larger one (Anderibom and Obote 99). The concept of synergy refers to the interaction of specific characteristics of two or more organizations in such a manner that the combined effect is greater than the sum of these respective traits operating independently in these organizations (99-100). When Apple acquired Beats Electronics in 2014 for $3 billion, that synergistic effect appeared to be the motive of the corporate action as far as official ...
Introduction
Under a merger, two business entities come together and become a new business with a new name. On many cases, the mergers bring together firms, which are equal in size and stature. On the other hand, an acquisition involves a larger and more powerful company buying another business; a smaller business. The purchased business may be fully absorbed by the parent company or in some occasions, may be operated as a subsidiary. The use of mergers and acquisitions may take place during any economic environment meaning that it may take place when the companies involved are both performing well, ...
Change management is the process of guiding change within an organisation and carefully sealing the loopholes of transition that could threaten achievement of an organisation’s goals (Hall & Hord 2006). Normally, in change management, the leadership is concerned mostly with the creation of awareness of the intended change and development of tactics that take care of possible resistance from a section of the employees or other stakeholders. The beginning point in a change management process is for the management to communicate the goals and the scope of the new change, or basically to create awareness and build desire among ...
The healthcare system has been on a continuous process of change informed by the need to improve patient outcomes. The nurses are trained and prepared to manage patients based on their needs and the environment within which they pursue a livelihood. However, it is evident that despite a standardized curriculum having been adopted over time, there are varying differences across various healthcare facilities and institutions on how care is managed or delivered. The big question that one may ask is how these differences emanate while we have a curriculum and a code of ethics as well as scope of ...
Introduction
The nursing profession is one of the chief cornerstones of health care delivery worldwide. The role that nurses play in delivering heath care to populations cannot be overemphasized, which makes the profession such an integral part of the medical sector. One of the basic tenets of the nursing profession is that it comprises an integrated approach to various nursing models that work to ensure the effectiveness of the professionals while ensuring patient safety. This paper explores the models and their importance to the overall health care delivery system. Specifically, it reviews journal articles that examine both the synergy and ...
Abstract
This paper intends to evaluate a case study that proposes Nestle with business plan. The case focuses on various essentials such as strategy formulization, SWOT analysis, and Porter’s Five Forces Model to generate insights and develop systematic framework accordingly. However, clear mission and vision is absent, which introduce various ambiguities in plan. Over the years, Nestle faced various environmental challenges that altered decision-makings and corporate earnings. However, the company has some strong competitive advantages and competencies that differentiate their products from competitors. Among these advantages, research and development (R&D) activities is a noticeable investment made by Nestle. The ...
Business Strategy
Strategic Alliances: A Critical Analysis of Successful Alliances toward Knowledge Creation and Management Introduction In today’s business landscape, creating sustainable value for customers and shareholders requires the initiation of an alliance strategy. Strategic alliances are alternative modes of global business operations that small to large enterprises are considering in order to achieve stronger and more effective market presence. Moreover, alliances are a fact of life for business, which needs to align present and future strategy to current radical technological and structural changes, globalization, and increased competitive pressures (Janczak, 2008). Meanwhile, the issues of trust, partner selection, and the ...
Internal Analysis
Internal Analysis
Introduction
According to David (2011), every organization has weaknesses and strengths in its functional areas. Organizations have several functional areas depending on the industry they operate in. A firm that seeks competitive advantage against rivals must build on its distinctive competencies, which are inimitable strengths that others cannot replicate. Similarly, it is important to build on weaknesses and to turn them into strengths. The process of internal analysis, therefore, involves establishing the company’s strengths and weaknesses within key functional areas. Once completed, an internal analysis helps employees to understand and perform their roles within the larger organizational ...
In the modern world of business, strategic partners happen to be one of the major channels to success. Notably, many corporations are looking for strategic partners to either acquire or get acquired by them simply because of the synergy that comes with the merger and acquisition. In the world of technology, mergers and acquisitions are a common thing, especially for the newly establishing technology firms which get acquired by the legends in the industry. However, it is not common to hear of one tech giant acquiring another well-established firm. This was the case when Microsoft decided to take over ...
Introduction
It can be said that the application of ethics at the business level is as direct and influential to customers as much as the application at the corporate level. The main reason for this is the customer orientation of ethics in the business level strategies and the impact that it creates. The desires, needs and behavior patterns of varied markets are crucial to this segment of organization, keeping in mind the ethics and thus are directly responsible for planning and implementing various levels of competitive strategy plans (Ethics & Corporate Social Responsibility, 2016). There are also four aspects of an ...
Ethics and Governance
The concepts of ethics and corporate governance are unceasingly becoming importance in the modern day organizations as they play a great role in addressing key issues. In that respect, the two concepts take varying approaches and their application varies among firms (Elms et al., 2010). Regarding the ethics issue, it relates to the norms and morality of a given community and what is right or wrong draws from those norms and morality values. In the modern world, the issues of ethics have been popularized given the increased cases of organizations that have been judged on the ethical basis (Cannon, ...
Threat not addressed
Weakness Opportunity not taken V. Strategy Formulation (Chapters 4-9)
Strategic alternatives
Alternative evaluation Alternative choice VI. Strategic Alternative Implementation (Chapters 10 - 13)
Action items
Action plan Exhibits Presentation Slides Introduction Strategic Profile & Case Analysis Brandi Barnes Upon analyzing of Lockheed Martin’s historical strategic direction it is important to take notice of a few key facts. These facts or assumptions can easily lead to the series of analyses and scenarios depicted. The assumption for Lockheed Martin’s differentiation strategy and primary product choice comes from events during WWI when the U.S. government began focusing on acquiring military aircraft, which boosted industrial growth. ...
BRICS effect on global capitalist economy
The debates about the increasing role of emerging economies became more vigorous since the global financial crisis that became a start for a new global framework with the developing countries surfacing as a major hub. The most attention is given to the economies of Brazil, Russia, India, China and the South Africa (BRICS) that had demonstrated high growth during the last decade against the global recession. The future dominance of the BRICS may shift the economic center towards the multipolar model. Changes in the matrix of competitive forces (finance, resources, technology) lead to a decline in the economic, political ...
Nursing:
Introduction In the recent decades, tourism has emerged as the most far-reaching and the world’s largest industry with an astounding socio-cultural, economic, and policy effects on all of us. According to World Tourism Organization (WTO), tourism as an industry supports at least 215million jobs worldwide and makes up about 6% of the Global Gross National Profit (LePree, 2009). In this context, not only is tourism the world’s largest industry, but it is also the fastest growing industry globally (The International Ecotourism Society [TIES], 2014). Because of this, there has been an ever-growing and evolving awareness of the ...
Business
IKEA’s Value Chain Analysis The revolutionary idea of studying the value chain embedded in an entity was postulated by Michael Porter as part of which he tried to depict how the entity accumulates customer value along with the chain of activities that it performs. Stated otherwise, the value-chain analysis is an analytical framework that identifies business activities or process inputs that eventually create value for the customers of the company or/and provides competitive advantage to the entity. Owned by Stichting INGKA Foundation, IKEA is the world’s largest furniture retailer with the presence in more than 40 countries ...
Air threads measure of value can be evaluated by the following methods; discounted cash flow this refers to the existing estimate of Air Thread Company using its future opportunities of investment. Comparable transactions method can also apply in the likelihood of occurrence of an akin transaction that may have occurred in a condition that is similar to an existing one. Multiple methods may also be incorporated to ascertain the value of Air thread in comparison to another firm that may be comparable to it, for example, the American cable communications company itself. The market valuation also applies which refers ...
REPLY 1: EC
The lack of synergy amongst diverse elements within the closed system, the lack of control and the lack of output within the system may have contributed to the marginal results.
Identify and discuss instances of an aggregate mentality at work in this case.
Aggregate mentality is first witnessed amongst the subgroups recommendations within the task force whereby no new recommendations to the closed system are made. Whereas one group recommends the taking up of total quality management and another recommends a return to the basics, no effort towards the overhaul of the system is made. Would Karen today describer her school or school system as relatively open or relatively closed? Why? Classify ...
An Assignment Submitted by
Brief Analysis of Restaurants In order to better understand the goal of menu development, it becomes necessary to examine two restaurants operating within Canada. The two restaurants that are in need of examining are Boralia and Temple Mildred’s Kitchen that are located in Toronto. Both restaurants have similar features. Specifically, they both propose authentic Canadian cuisine and have a long history. Also, each of them proposes casual dining experience to their clients. They are particularly popular and highly rated establishments in Toronto. Moreover, both facilities propose unique experience in dining appealing to consumers that want to sit down ...
The lack of synergy amongst diverse elements within the closed system, the lack of control and the lack of output within the system may have contributed to the marginal results.
Identify and discuss instances of an aggregate mentality at work in this case.
Aggregate mentality is first witnessed amongst the subgroups recommendations within the task force whereby no new recommendations to the closed system are made. Whereas one group recommends the taking up of total quality management and another recommends a return to the basics, no effort towards the overhaul of the system is made. Would Karen today describer her school or school system as relatively open or relatively closed? Why? Classify ...
A merger is the combination of two separate companies into a single company with shareholders of the pre-merged two companies becoming shareholders of the merged company (Coyle, 2000). On the other hand an acquisition or take-over refers to the acquisition of the target company assets by a predator company. The key difference between a takeover and a merger is that in a takeover, the shareholders of the target company lose ownership and control, while in a merger shareholders of both companies become shareholders of the new merged company (Coyle, 2000). There are several reasons for Mergers and Acquisitions (M&A) ...
A case study of Costco Wholesale Corporation
Background information This is an American membership-only warehouse that offers an array of products, currently; it is the largest membership-only Corporation in the United States and second largest retailer globally, after Walmart. Its headquarters are in Issaquah Washington in the United States of America. The store started operation in 1938 in Seattle, after that, it merged with Price Club in 1983 to form PriceCostco. However, in 1997, executive members from Price left the merger to venture in different but the related retail store, which led to dropping of the name Price in the PriceCostco as noted by Thompson (2010). ...
Article Review
Synergistic effect of human plasma and antimicrobial peptidomimetics and antibiotics on pathogenic bacteria: The Application is a promising tool in enhancing the efficacy of future antibiotics. This work aims at summarizing and critiquing the Research in Microbiology journal research paper titled ‘Improved In vitro evaluation of novel antimicrobials: potential synergy between human plasma and antibacterial peptidomimetics, AMPs and antibiotics against human pathogenic bacteria’ .
Abstract
Condisering the hurdles of cytotoxicity and adverse side effects posed by existing antibiotics and the ever rising resistance of microorganisms to these compounds, there is a dire need for development of innovative antimicrobial peptidomimetics (AMPs) . Despite ...
[Paper name and/or number]
Jonathan practices Native American healing. He has practiced for approximately 23 years. The scope of his practice combines spiritual healing based on native American traditions which differ according to tribal affiliation and personal beliefs and knowledge. Jonathan studied traditional Western medicine as a student for several years but did not complete his college degree. He instead chose to seek out and learn traditional medicine based on his own culture (Sioux) and this coincided with his return to South Dakota to seek out extended family members to learn specific aspects of traditional medicine. While not a ...
Communication (Course identification)
The telecommunication technologies has developed to a major filed and entered all fields from manufacturing, marketing (Tellis,2004) to daily life The typing and writing down the information is not favorable with the modern technically competent end users, so simple scanning seems to be the best solution especially taking into account the frontiers in interdisciplinary fields. Here the technology can drift or expand from one field to another as it happened with the Quick response code (QR codes), which were first created by a Toyota subsidiary named Denso Wave (QR codes, n.d.). In 1994 it was directed to optimize ...
Mergers and Acquisition
Introduction Merging and Acquisition of business is the act of two or many companies forming a partnership between themselves through consolidation of funds. The units that they use in the business organization are combined to serve as a single entity. This strategy is adopted by the organizations to enhance the competitiveness advantage in the market share by companies. Therefore, the stocks, shares and the equities associated with the businesses that are joining are looked upon as a single entity. The result by the organizations is the ability to achieve specific synergies in the business such that, the benefits are ...
Abstract3
1. Approaches to Strategy.3 1.1 Strategy as a Narrative Practice.4 1.2. Competitive Strategy5 1.3. Corporate Strategy5 1.4. International Strategy6 1.5. Kaizen: Five Ss of the Japanese attitude in Manufacturing7 2. Need for Strategy-as-practice and its contemporary application.8 Conclusion9 References..11 Abstract Recently, the role of strategy has drawn many scholars and practitioners’’ attention because of its function to predict certain consequences: when the risk is high and the organization has much responsibility, it is a need to assess and explore certain phenomena. Faulkner and Campbell (2006) said that this is perhaps the key factor, economic decision are taken deterministically in ...
A hierarchical organizational structure is one with many layers of management and a considerably long chain of command. The communication period from top to bottom is unarguably long hence the top managers have lesser control. The narrow control span exposed an opportunity for effective organizational command. In contrast to this structure is the flat structure that has relatively fewer layers of management hence a shorter chain of command. Communications takes a very short period. This structure is the most suitable one for an organization that intends to create a highly motivated and empowered workforce (Griffin & Moorhead 2012). This becomes ...
Strategy that led to the merger
Walt Disney entered into a merger with American Broadcasting Company with an aim of enhancing growth. Disney had a purpose of ensuring that its business grew to greater heights by acquiring the broadcasting company. Disney had a strong belief that merging with ABC Company will help in enhancing its growth thus enjoying the economies of scale. Besides, the merger also focused on expanding the service of the acquiring company to international levels where its presence is minimal. The merger also aimed at increasing the portfolio of the services offered by the company. The takeover would allow the company to ...
Improvement of delegating skills to empower and motivate others
Research has shown that non-performing leaders rate substantially low with the delegation of duties and responsibility in the organizations that they run since they command little respect. Consequently, the performances of the workers are equally minimal due to insufficient motivation and empowerment. Thus, proper delegation creates a productive environment that leads to high performance (p.81 & 82, 2015). As such, several skills can improve the leader’s delegating ability and consequently increase the organization performance. Firstly, the leader should invest in people skill such as effective interpersonal skills, managing differences and diversity communications among other skills. For instance, where a ...
Introduction
Flushed with confusion the international world of business theory and practice has arrived at an important moment in history. Issues of diversification stimulate the need for global conglomerates to pay attention to how they are planning to add new businesses to the firm, which are really separate from the core product or service. Acquisition and restructuring present challenges as well. Yet the bottom line in the quest for best practices in corporate-level strategies is to win, in terms of competition. One scholar asks the pertinent question whether the merging market economies, of the globe, are causing Asia and Europe ...
Introduction
Conducting an internal and external analysis of a company is very important to properly plan and execute medium and long-term strategies. Internal and external factors analysis help determine a company’s strengths, weaknesses, opportunities, strength which are useful in identifying strategies. This paper will analyze the internal and external factors of Domino’s Pizza, one of the leading providers of pizzas in the world. It discusses the pizza industry, the competitive environment, and the sound strategies for Domino’s Pizza. The report used extensive desk researches, qualitative, and qualitative analysis. The premise is that Domino’s Pizza may be ...
Renault–Nissan Alliance is a Franco-Japanese strategic partnership founded in 1999 between two famous automobile manufacturers Renault (France) and Nissan (Japan).
The following 4 steps are considered to be crucial in the history of the Alliance: - Renault helped Nissan in the field of financial recourses and management; - the Alliance identified and exploit synergies and economics of scale; - in 2008 the Alliance pursued opportunities for joint projects (building electric cars, constructing plants in India and Morocco); - expansion of the Alliance with other major partners to indentify and exploit further opportunities (this was consistent with Gosh's vision for the Alliance: to become one of the three automotive companies in terms of quality, technology and profitability in the industry).
Ghosh’s vision for fourth stage is to create greater value through further expansion.
...
Globalization is a concept which has gained significant popularity in the business arena. Every organization wishes to expand beyond its national borders so as to serve the global market as well as gain more revenues. So is the case with companies operating in the maritime industry. In order to grab more market share, build long term relationships in the industry and establish sound image at international level, shipping companies are making use of several strategies. Mergers, acquisitions and alliances are common strategic options employed by the maritime industry to achieve long term objectives (ClilT, 1990). In the given scenario, ...
Final Group Project
Final Group Project There are many large corporations in the world that dominate the international market. Some of the integrated companies include Toshiba, Jeep, Samsung, Nike and Apple. These corporations have contributed a lot to the international market since they have enhanced business development in the global environment. There have been various changes in the economic, social, market and environmental changes in the global markets (Yasu 2009). These companies have found various ways of adapting to these changes. Although they are situated in different geographical locations, they have been able to make connections among themselves to promote business activities. ...
Critique of the prioritizing process at D. D. Williamson
D.D Williamson is a leading corporation that provides caramel coloring as well as burnt sugar and natural colorings for the food and beverage industries (ddwcolor.com, 2013). The company is headquartered in Lousville, Kentucky and has nine coloring operations in five continents (ddwcolor.com, 2013). In 2004 the company embarked on a massive expansion plan and created 16 “critical projects” that needed to be organized, prioritized and selected all within a restrictive time period. The changes to prioritization of the projected selected less than five “Visual Impact Projects” (VIPs) which were to receive high-level focus and attention.
D.D. Williamson used a four-step method ...
Introduction
Posttraumatic stress disorder afflicts large swaths of the US defense forces. The problem is increasing due to multiple deployments of American forces. While the Department of Defense (DoD) and the US Department of Veteran Affairs (VA) are taking steps to mitigate the dangers posed by PTSD on American society, greater synergy and collaboration can be instituted. While the percentage of service personnel afflicted from PTSD is huge, care must be taken to separate those claiming disabilities purely from the economical viewpoint.
Thesis Statement
Posttraumatic Stress Disorder (PTSD) needs to be tackled with greater synergy and collaboration between the DoD and VA, ...
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 ...
- PNB bought the shares of SP Setia in the year 2011 at RM3.868 from the open market. This was before they could take over the company at the price of RM3.9 (Loh,2011). The reason for the purchase of PNB was to restructure the company. According to (Investopedia,2014), Corporate Restructuring is an act of changing the structure of the company in terms of how the company is run, its debt level, and eliminating the problems that are causing significant problems to the resources of the company.
SP Setia is a real estate developer. On the other hand, PNB ...
- The decision problem
The problem under study is concerned with deciding, whether it is worth expanding the business of the investigation company that currently functions in one city. As the company already has the developed client base, good image and significant expertise in the field of investigative services, growing the business seems the most logical way of developing the business. However, significant concern is associated with the company’s possibility to attract the attention of clients at the new location and, therefore, profitability of the new venture.
The concern under study is supported by the fact that the ...
PART A: Description of work related experience
SITUATION
At the time of the subsistence of the Make an Impact Week, our course instructor required me from a group alongside my colleagues with a view to meeting the requirement of the coursework in executing a task. We were charged with the responsibility of raising a total of $ 200 to help fund the activities of the Environmental Club in the school. Alongside my colleagues, we formed a group of five persons so that we could execute the task as a group as required of the coursework. We met on a record three times to discuss and pitch our idea of raising the necessary cash where ...
There are various forms of business organizations which define how business units are structured. It is usually the primary responsibility of the owner or owners of the business venture to determine the form in which it operates. While making this decision, the entrepreneur needs to have several variables in mind with respect to the various forms of business organization as anchored in the law. There are four main types or forms of business organizations recognized by law namely sole proprietorships, partnerships, corporations and cooperatives. One of the variables considered is the issue of capital to venture into the business. ...
Several types of information were used to study the customers. Some of them were the customer’s preferences and sensitivity in terms of the features they like and most need. The initial strategy for coming up with a competitive advantage was the pricing policy. However, the best strategy used was the production of several models, in that the low cost, eco-friendly, family and image. The company has maintained this strategy by improving on the models and using different market strategies to market. On the analysis of the team, several things have been done to effectiveness. The first one is the ...
Introduction
Communication is one of the most important things for any organization to succeed. A communication structure is an organized system that an organization has put in place to guide its daily operations. It stipulates how the employees are to behave at the workplace. An effective communication system helps managers of the organization in performing basic management functions like leading, planning, controlling and organizing. For managers and other employees to carry out their duties and responsibilities effectively, communication is the foundation of it all. There must be efficient and swift transfer of information between different workers and departments.
An effective ...
INTRODUCTION
During the last few decades, globalization has increased competition amongst firms and has triggered the willingness of most domestic companies to enter into foreign markets. Large, middle sized and small companies are using different ways to reach to their targeted market segments, increase returns, and ensure growth (Goldman & Nieuwenhuizen, 2006). Different approaches offer these companies varied opportunities to adapt modes necessary in the foreign markets and in finding new distribution and supply chain channels. Choosing a foreign market entry strategy involve considerations of costs, alignment of the strategy to company’s objectives, time element, and foreign market environment and ...
Postpartum: Motivation Concept Theory
Motivation in general can well be explained as one basic reason for life existence. Every animal that has the slightest capacity to make decisions has to be motivated towards choosing a certain way of action. Motivation is defined as a voluntary force generated from within or outside a being to act in a preferred manner for personal satisfaction in achieving or exceeding targeted goals (Shah & Gardner, 2008). The aspect of motivation has so many theories arising from research and studies over time that had different perspectives towards the same goal or end. Motivation is differently perceived from one individual to the ...
Discuss the challenges related to being a socially responsible business, and suggest ways these challenges can be overcome.
Corporate Social Responsibility especially concerning social welfare and the environment are important engagements for businesses. They improve the livelihoods of people especially in the target markets while empowering those people to support the business by acquiring more purchasing powers. However, some challenges stand in the way of the establishment of socially responsible businesses. These challenges include lack of uniform support from a business’s executives as well as the junior employees. When only a few people and not the entire business personnel support a given social responsibility issue, the projects suffer divided attention, denial of critical resources such as time, money ...
Abstract
Business environment is increasingly changing pushing firms to adapt strategies that seek to enhance not only their competiveness but also sustainability. One such strategy is the M&A that is becoming a crucial tool for growing in both local and international markets. In that respect, this literature review sought to identify the reasons for M&A, their advantages as well as disadvantages. To achieve the objective, the review used past studies and researches on the subject seeking various authors’ views on the reasons, benefits and disadvantages. In the review, it has been identified that M&As have various benefits for all participating firms. ...
Introduction
The central feature of the mega city plan of Victoria’s capital, Melbourne 2030 outlines a comprehensive network of activity centres which comprises of a range of centres and functions that are linked with a strategic public transport network. This is to prevent the clustering and concentration of all commercial activities in central Melbourne and decentralise these activities to different little central business districts within the neighbourhoods to ensure an even distribution of activities throughout the city. The purpose of this paper is to critically analyse the importance and purpose of activity centres in the development of cities and its importance in ...
Abstract
Hong Kong Disneyland has been opened for over a period of ten years .It is beautiful and attractive place to visit. Being so famous it still has many problems till today. Below discussion describes the issues faced by the Hong Kong Disneyland.
ISSUES FACED BY HONG KONG DISNEYLAND ARE AS FOLLOWS:
- With over emphasis on China market, Hong Kong Disneyland has focussed on China market for a long period. With the opening of Shanghai Disneyland this year, Hong Kong Disneyland predicts that they will lose 50 percent of tourist’s attendance. - Brand image of Hong Kong Disneyland is diluting because it has created too many issues like ...
Executive summary
I chose to focus on functional strategy formulation and strategic choice in their application to real business world. This would aid me in understanding the topic in this “Strategic Management and Business Policy” textbook written by Thomas L. Wheelen and J. David Hunger. This report will be aimed at analyzing topic seven and eight, as they appear in the above class textbook. Chapter 7 and 8 concentrates on functional strategy formulation and strategic choice that concerns the full cycle of business life. This topic analyzes various strategies a business undertakes in the pursuit of growth and stability as well as ...
Individual Questions for Case Analysis
Introduction Activision was one of the leaders in content development and publisher of interactive software for various game platforms. It had generated $1510 million revenue in the year 2007 with record increase in net income by 115%. Company’s success lies in the creating sequels. Vivendi Games was one of the diversified groups of companies in the entertainment industry. It acquired two video game developer companies mainly Sierra and Blizzard in the year 1998. Blizzard was known for its subscription based business model. This case is based on the merger of Activision and Blizzard which created a unique ...
Advantages and Disadvantage for Business of Entering into Strategic Alliance
In the current environment, generating sustainable value for clients and shareholders entails creating effective strategic alliances. Strategic alliances are vital building blocks for businesses to attain strong and successful market presence. Strategic alliances are nowadays a reality of life for business, an essential piece of present operations as well as future plan. However, there is always a negative side of everything and joining strategic alliances can also have its disadvantages. There are so many advantages and disadvantages of having a business join a strategic alliance (Monk, Mather, & Hackett, 1992). One of the examples of a successful business that joined a strategic alliance is the Momek ...
‘Project Synergy’ is one of the major cases that the Drug Enforcement Administration (DFA) in the United States have embarked on in the recent past in their endeavor to fight narcotic trading. The enforcement operations were conducted in a total of 35 states, in the United States by the DFA as well as its partners in the law enforcement department aimed at the upper class of drug trafficking organizations. In particular, the operation was targeted towards the upper class of dangerous designer synthetic drug cartels and organizations that acted with no regard for public safety and the law. These enforcement ...