Business Essays

R&D budgets had demonstrated growth for the past three years, however based on the responses to the survey, the IRI report projects that R&D budgets would be flat in the coming year. It appears from the survey that the expenses on existing products and basic research is likely to drop while there would be increased funding for new business projects and for outsourcing projects in the current global recession. One of the most important trends appears discernible is an increase in expenditure for 2009 for participation in alliances, mergers and joint R&D ventures. (Cosner, 2009).

These workers will normally be apportioned into different departments for a better arrangement or streamlining of work. Among the many departments, which constitute an organization, the marketing department’s role is omnipresent and crucial. The marketing department can only, boost an organization, by building a brand image for it, or for its products.

Merrill Lynch was one of the world’s premier providers of “wealth management, securities trading and sales, corporate finance and investment banking services”. He worked with their clients as “strategic partners” and assist clients in the creation and execution of market strategic solutions, thus addressing their client's most important investment and financial needs practically anywhere in the world.

Thus it is no wonder that overseas students from all over the world come to UK universities to obtain higher education. In fact, overseas students comprise almost 15% of the total student population in the UK and they spend £2.5 billion as tuition fees and annually add another £5 billion to £10 billion to the British economy (CIA 2010).

The accident occurred on 22 April 2010 – and lasted for many days; the details of this accident can be retrieved through a relevant article of BBC News, where graphs and images of the accident are also presented helping to understand the level of the damage for the environment (BBC News, 10 May 2010).

The world has become a global village and it is shrinking every day. Gone are the days when segregation was possible and allowed. Today, diversity and pluralism have emerged as undeniable realities and the same is true for the workplace as well. A business can promote cultural diversity in various ways.

Diet Pepsi’s style in its ads is not so much of human experience or culture. Unlike, diet Coke, it does not limit the authority of its ambassadors to influence the target audience. As a result, there can be more specific market segments that may arise that eventually will need more extraordinary focus and attention.

The website of HP.com is highly usable and caters for all important users. The website also makes it easy for customers to link with the company staff and to search for any required product. Shopping carts, payment methods and delivery methods used by the company are quite encouraging to the customers as they are aimed at ensuring a repeat customer. The order status page makes it for customers to know the progress of their already placed orders.

Wellington Tea is a retail tea company that allows people to create personalized tea blends by the utilization of their website. The organization is going to start up a business. In an interactive online procedure, consumers choose from several herbs, tea leaves and spices in order to create a tea blend. The organization is offering its customers an exciting and new way of purchasing tea.

The vision of the company is  “to be the preferred global supplier for handling equipment to the maritime industry on a sound financial basis” and the mission of the company is to become a global company that develops, markets, and supplies complete handling systems for the maritime industry that meets the requirements and expectations of the market, in a way that the clients are able to increase their own productivity and profitability.  

Globalization coupled with free availability of information is creating a common resource base and common marketplace. This has intensified the movement of "rights goods, at the right time, into the right people."

In most cases, the targets set by e-commerce are common in firms internationally; however, there are firms that choose to develop a particular e-commerce strategy in accordance with their needs and their targets. It seems that the use of e-commerce as a tool for marketing by modern firms has been expanded.

The chosen company, a Belgium-based operation called DVIC headed by Claude Nobels, soon crossed swords with De Beers. The new valuator, which compiled the critical bourse analysis, has questioned the 1993 transfer to London of De Beers' South African stockpile of diamonds, ahead of South Africa's first democratic elections in 1994.

The nature of the market examines the degree of competitiveness of a company. Oligopoly and monopoly often maintain dominance in the market because they prevent other competitors to enter the market. The chemical industry has significant economies of scale, therefore, new entrants are deterred and the field is exploited by some few players.

The company develops a penetration strategy to keep its market dominance. Coke practices price discrimination in the three domains. The penetration pricing mechanism adopted by the company implies setting lower prices for the products rather than focusing on profitability. The market dominance of Coke-Cola is attributed to its ability to practice penetration pricing.

My main short-term goal is to further my education by joining the program at Carey. The business field is very competitive meaning that an individual has to further his career profile through education. An additional short-term goal is to secure my financial future. Consequently, I need to search for a job following the conclusion of my course.

It also describes how the leadership competencies in the competing values framework (cvf) may complement one another if they are fully integrated, explains the dysfunctions that may arise in business leadership if certain competencies are overemphasized. It elaborates on the ways in which the integrity capacity approach to business ethics and the competing values approach to business leadership complement each other.

One of the best ways to conduct a comprehensive feasibility analysis of any business is through SWOT analysis. To start off with strengths of the business, since the business is new it stands on a back foot when compared with rest of the market, so its major strength could be the fact that it is a self financed for now and owes nothing to any bank or to any other source of external financing.

Political marketing became a new phenomenon witnessed by the marketing world. The ethics of political marketing is challenged by different sectors of the market yet it continues to make its presence felt particularly in the Cola market.

This is a type of run chart prepared from data generated in customer calls. For example, each call is classified as a minor complaint, moderate complaint requiring the attention of service personal, and fatal complaint requiring replacement of parts. Each call center employee’s statistics would form the basis of his run chart. The chart would show the number of each type of complaint on a daily basis.

The author of the paper states that the movement focussed on improving a lot of the small farmers, artisans, and labor in Africa, Asia, and Latin American countries. The miserable living conditions, poverty, and extreme lack of facilities increasingly became a cause of concern in the developed world.

The strategies developed and adopted by Mr.Canion, during the early phase of the company’s growth were well suited and well defined according to the level of competition in the industry as well as the present market structure. Canion envisioned the position of an industry leader and focused all his efforts towards attaining that position.

The main conclusion is that housing market decline influences small business activity both directly and indirectly.   The direct influence is connected with decreased availability of loans, while indirect influence represents more serious threat as it is related to low purchasing power and demand for goods.

The case in focus here is of a financial services company started by John in a small town. The main issue being faced within the company is the high level of customer churn and low levels of customer retention which require attention. Based on the situation of the company and based on the various marketing theories that have been developed a list of recommendations has been drawn out for the company.

Human resource department being a significant activity in many organizations, there is a need for advancing HR management skills vital for achieving future ambitions of becoming a director in the HR department in a company. HR department is a fundamental field in any organization and having undertaken a course in human resource management, there are a lot to be done within this department.

Intellectual Property Rights in the fact is the way to protect the owners’ right to earn from the property they create through their intellect, while motivating others to come up with their own. Giving commercial developers of software sufficient market incentives where they can invest their resources and time required for the production and dissemination of innovative products is an important justification for intellectual property.

In the year 2008, both Chrisler and General Motors came to the public to announce that they were likely to close off their operations due to the market trends that they were facing by then. The then-president of the United States, George W. Bush, entered into an agreement for a temporary bailout which served to save them from the imminent closure. The long-term future of the companies was then handed over to incumbent President Barack Obama.

General Motors has been in business for one hundred and one years and has been an undisputed giant in international automobile industry with its products setting new benchmarks in fashions and trends in automobile industry.

In Canada, the trend of outsourcing is on the rise, and hence the reliance on computing, logistics, and communications becomes vital. What’s’ more, these aspects affect competitiveness to a large extent. Therefore the high quality of infrastructural development is required by Canada to remain competitive in the global market.

An expert on GLG (2008) states, ‘one can be sure the luxury brands will continue to be extremely competitive during, and existing this economic malaise.’ For the retail market, the economic downturn is not new, if handled strategically, it can prove to be productive in present and promise a bright future in the long term. 

According to (Ghosh and Prelas, 2009), the oil industry has proved to be a major driver of economies and developments. The industry generally brings together organizations that engage in the extraction, refining, exploration, marketing, and transportation of products made from petroleum and more so oil. 

In the modern age, businesses have been exposed to newer challenges. There has been a general increase in the number of competitors, market conditions have toughened considerably, there is a lack of cash flow owing to the global financial crisis and upsets in the political scenario. On the other hand, the demands and expectations of customers have increased manifolds.

This case study also provides an opinion on how successful these tow companies have implemented their strategies to remain competitive in the smartphone industry. A strategy for a business is the process by which a firm sets an absolute guideline geared towards achieving its desired commercial goals. It is usually a plan for any business that covers a period in the range between 5-10 years.

Transformational leadership is characterized by the existence of a relationship between a leader and his followers, normally it is the inspiration that the followers get from the leader that inspires them to do more than they would ordinarily do. This desired form of leadership has been linked to success in many fields of human influence such as; the public service, private sector, not for profit institutions among others.

Blatant disregard for somewhat universal values such as honesty and criminal behavior might justify the argument that business ethics is an oxymoron, however, it does appear that today's organizations genuinely value building relationships with its stakeholders, refuting the notion that business ethics can be categorized as a contradictory terminology.

The behavior therefore of oligopolists shows engaging little in price competition because of the great possibility that fellow competitors will follow and it will be for the detriment of the group and that would lead them to perfect competition. To avoid becoming part of the perfect competition they will try to differentiate their products from competitor and they will accomplish the same by extensive product development and advertising.

Even though the creation of the European Union and its subsequent expansion has been based on certain objectives and policies that have been largely successful in its implementation, reports suggest that there are many barriers to UK-based firms that may be interested to set up shop in the region. Although these problems are not entirely insurmountable, a definite amount of care and caution is advised.

Tesco has always maintained close ties in with the government. Its allies in the UK government have always sought to protect its trade interest. In fact, one of its Directors Lucy Neville was a previous government Cabinet officer. Tesco has maintained strong relations with the Labour party and given its election funds.

The typical business model used by M&S in terms of selling includes: (1) online direct marketing; (2) Viral marketing wherein M&S’ loyal customers could spread through the word-of-mouth that their families and friends could easily purchase similar items sold in M&S store outlets at a discounted price when purchased online;

In any case, the impact of these plans on a firm’s internal and external environment is thoroughly examined; if the goals set are too difficult to be achieved then alternative plans are chosen – those that are considered to be more feasible in terms of the resources and the time required. 

It can be seen that there are several critical factors for success in the oil industry with regard to exploration and production. Resources in terms of money, technology, and manpower are necessary to withstand the period and even losses that may arise from the start of exploration until the commencement of production. In many cases, explored fields may not yield commercially exploitable deposits.

To sustain and grow in today’s competitive market scenario, SMEs should improve product quality, reduce operation costs, optimize resources and popularize their products. To accomplish these goals, companies need to be aware of the latest trends in the global market, identify improvement areas and work on them.   

The analysis of the environment in which an organization is operating is very important to marketing managers as it allows them to focus on key strategic issues based on the notion that an effective strategy fully utilizes the strengths and opportunities of a business and strives to minimize the weaknesses and threats.

A research work necessitates identification of an issue or problem or gaps in knowledge that need to be researched. The existing body of literature helps greatly in identifying the work done so far in the specific or related fields as well as identifying gaps that can be addressed as research questions.

Strategic planning comprises of several components. These include developing a company’s mission and vision and defining the goals and values of the organization. Developing these components establishes the direction of the company and helps to position it for success in the future. There are many advantages of strategic planning but some companies do not do strategic planning.

This report will present the activity schedule (with project network) and expected project completion time for the warehouse expansion project. Further, this report will consider the following issues: whether a 40-week completion time established by R. C. Coleman’s top management for the project can be achieved, how much should the expected project completion time be shortened and the activity crashing decisions. 

The company aspires to become an upscale and leading establishment of its kind. However, as of now, the company has not made much investment in advertisements and promotional activities to make people aware of its lovely surrounding and excellent services. The company can capitalize on its lovely exterior to cater to the niche market. However, the company is required to invest more in advertisement and promotional activities.

According to Hoover’s analysis, there are three main competitors fighting with British American Tobacco for the majority of US market share. These competitors are Altadis, plc, and Reynolds American Inc. and Altria. With such a competitive nature of the market, several issues come into force for the competitors.

The aim was achieved since a positive correlation between the brand positioning and the brand perception of The Grand Hyatt New York Hotel was found as it is explained in the chapter of the Research Findings. This correlation is not very strong, but it is relevant and significant. It can be said that this correlation is very good.

Green Motion Buses will be having a set of guiding principles to lead to the achievement of the business values. Guiding principles can be defined as “Guiding principles are the law that serves as a basis of reasoning and action, a personal code of conduct that leads shows the way, and directs the movements of your organization.