Business Essays

According to the author, OPEC, the cartel of chief global oil producers, has at many times being stepping in to stabilize the prices by cutting production. This time round OPEC said that it was not willing to do so even if the oil slumped to $20 a barrel. The future markets indicate the prices will recuperate slowly to reach about $70 by 2019.

The plan has to focus on the threats and opportunities that these external changes might present to the organization. The external environment refers to the social, economic,

Subsequent to the collection of the research data, processing and analysis will be done based on the outlines identified during the development of the research plan. The consenting respondents will fill out questionnaires, which will be sent to them through e-mail and sent back after they have been filled. 

The business plan will start by highlighting on the business concept, followed by the targeted market, products and services, pricing and sales, risk management, budget and financing, and lastly how marketing and advertising will be conducted. It is always important to a company, to devise proper and reliable ways to manage uncertainties.

Primarily, such differences occur between the rural or traditional and urban or modern sections of the economy. Kenya, builds its economy while entirely depending on a single entity. The strongest entity in Kenya is domestic consumption. Domestic consumption in Kenya

The environment at which a business operates determines the balance between leadership and management. With the day-to-day changing of the world economy and technology, management is very essential. Leadership should be strategic, clear and address needs within the

economy. Since consumer expenditure represents about two-thirds in terms of output, many economists in the private sector are revising the estimates they realized in the first quarter. According

In this road construction project, various stakeholders play a vital role in the completion of the project. Primarily, the project relies on the casual workers in the running of the manual work.  The project managers are highly experienced in building and construction as the project highly involves much of construction.

This research will attempt to discuss the keys to effectively managing leadership development at each of the following levels: a first-line supervisor, a middle manager, a senior manager, and the President/CEO; discuss the most common style of leadership used by effective leaders of larger companies and explain why this style of leadership is used.

The method used by GE to control the culture of its operations in Hungary was dependent upon the Hungarian acceptance of their corporate culture manual titled "Integrity: The Spirit and Letter of Our Commitment". The results were disastrous, to say the least since bad press, negative sentiments, and resentment amongst the employees was created.  

I now possess all the key elements necessary to achieve success, except for the formal training. Quality education through the MBA program of the Fisher College of Business of the Ohio State University would help me to achieve that desirable status by rounding out my business education and preparing me for a successful managerial career.

As discussed by Armstrong Maslow’s Hierarchy of Needs can be used to explain the situation Philip was in and the manner in which he decided to change his job. Considering that Maslow’s theory presented us with five orders of needs it is clear that all of those were fulfilled by the job he had with Avant-Garde.

In many areas, there has been a rapid rise in the potential losses from natural hazards, however, it becomes important and critical that cross-sectoral and proactive initiatives should be taken by insurers and let the sector in aftermath of disaster be entered into emotive and reactive policymaking. 

Appropriate application of strategy with sound integrations of different models like PDCA and many more will help in the continuous improvement with full support from the employees and will continue for long term purposes. It is an ongoing process; therefore extra caution should be required in developing the strategies for the overall benefit of the organization. 

If the business functions within a sales environment, then it requires more finances when it comes to improving its services and acquiring more innovative stocks or products to be offered. There is a need to improve business or sustain daily business activities and this requires capital in order to be successfully implemented.

(Cervone, 2010) Over the period of time, trends have emerged suggesting the companies are increasingly requiring hardware as clouds to support their extensive I.T. requirements. As such the cloud computing becomes more beneficial in following ways: 1. Hardware

The field of loss prevention is one that is both exciting and interesting for people seeking a challenge and for those with a keen eye for detail and a passion for thoroughness. The term itself refers to reducing the amount of product that is lost between the producer or the supplier and the point of sale.

Social media can be termed as empowering in contrast to the exploitation of web conferencing, TV shows, and cellular phones by its consumers. Based on this perception, transforming the user’s responsibility from inert to dynamic; surveillance creates prospects for communication and seeking the information as noted by Albrechtslund (2008, pp.1-1).

Responsible tourism activity is one that maintains the value of the resources from which it gains revenue and also the value of the community around it. This ensures that the resource does not deplete in value in the case or irreplaceable natural resources. The ecological environment is the natural habitat and resources where the resort and the community around it live.

This topic is relevant for healthcare managers because healthcare industry is a service based sector and any shortfall in the quality of service will adversely affect

In this sense, the target market is actually identified before the development of product rather than the other way round. From this perspective, identifying the target market after developing a product is

It is apparent that Dell Inc has been one of the best-performing companies in the world. It can be argued that a good combination of strategic planning and focus has enabled it to win the loyalty of computer services customers. This paper will focus on how Dell has utilized its organizational capabilities in order to conquer the market. 

The parts of the system are integrated as a whole system, thanks to feedback loops. As a top executive in Air Force, I would apply reinforcing loops in the event of implementing change in certain

He merged Nissan’s foreign production with other foreign firms. This helped to reduce the risks associated with the fluctuations of currencies. Understanding that

research since it was easy to denote changes in situational leadership style characteristics like flexibility and effectiveness in running virtual projects. In addition, the researcher carried out a massive Seventy-four surveys that clearly represented the population. Most

The study establishes whether setting up of the solar panel manufacturing plant is a viable option that will succeed in the current market or whether it is bound to be an instant flop or failure. The study recommends that the manager should set up the new solar panel manufacturing plant in order to tap on the available opportunity.

One is public institutions run by government and other is private institutions. Both public and private education has positive or negative externalities. Three major positive externalities of public education are

cality of research language could be one of the most serious barriers to the optimal utilization of emerging theories, but Pink avoids this pitfall by explaining the situation with a very accessible level of vocabulary. The emerging approach is based on scientific findings that

privately owned, don’t you think the government should reconsider and avoid logging since 7 percent despite being millions of acres is quite a small number. I found your post to be quite interesting and informative considering your brief direct encounter with how forest

As a young boy, he had managed to build a one-tube radio out of a piece of garbage together with his rebellious brother. With the radio, they were able to interrupt the local station so that Stan could sing his jingle, “Murphy

It is geared towards helping marketers understand the dynamics of online advertising about the way individuals in different places perceive it. The purpose of the study is set clear in the introduction of the article. The introduction draws attention to various sources supporting the view that beliefs and attitudes towards online advertising.

t in case of a conflict between the federal government and the state governments among many other devolved units, the state judges and judiciaries must follow the federal laws owing to the supremacy of its application. The clause serves a vital role since it influences the

The Latin American nations have a similar history to China in terms of the influence of colonial experience. In the past as well as at present, China and Latin American nations have engaged in trade practices that have benefited both regions. The two sides have increasingly expanded their exchanges to include comprehensive multidimensional experiences that are characterized by mutual reciprocity.

In any stage of a business enterprise, there arise ethical issues some of which can be mistaken to be criminal offenses. On close scrutiny they are ethical issues, business ethics relates to the political economy which deals with distributive consequences of economic actions and is the resultant distribution fair which is central ethical issues. 

The report will explore the trends and changes in marketing strategies adopted by Apple in past and present. Apart from that, the report will also focus on effectiveness of these strategies in different situations, failures and how the company recovered from failed strategies in past, and understanding exact needs of the consumers.

From a larger perspective, health insurance has been noted to be a modality for ensuring the delivery of quality service by service providers, as the premiums paid ensures that there will be a pre-determined investment for facilitating the running of healthcare (Henderson,

The total sales of cycling accessories in the UK achieve 853 m pounds per annum (LSE, n.d.). One of the most prominent trends in the UK is that cycling becomes increasingly popular among kids who are getting on the bikes in order to ride to school (Anonymous 2014).

Gross domestic product and inflation are few impacts of the volatile nature of USD. Rate of inflation drives the interest rate and for this reason international capital flows within the country is also

The evidence of a team working together includes effective communication, clearly defined roles for the group members, healthy interrelationships, and high performance. Some disagreements are well understood. Listening and task allocation is effective in the group, and the members take their roles positively. 

The first way that the service-profit chain works is by enhancing the internal service quality (Heskett, Jones, Loveman, Sasser & Schlesinger, 163). This involves training sessions and processes that are aimed at equipping the employees within the company

Analyzing Howard Schultz’s leadership identifies a leader with passion and one who dedicates time and resources towards realizing set objectives. One of his priorities is his employees’ interest which he seeks to meet through offering benefits and learning opportunities as well as a morally sensitive work environment.

It is essential to state that the main aim of holding the annual Fringe Festival is to showcase the different artistic prowess not only in Edinburgh but Scotland as a whole. Even though money is not the main issue of why the festival is held, the organizers spent a lot of money to make the festival a success. 

By embracing this culture and getting their work done right, the project managers benefit their companies in many ways; the benefits of project management to companies range from cost-cutting to increased efficiency and averting court cases. The author, therefore, lays out a number of important elements of project management making up the best practices culture that must be observed by all project managers.

Their backgrounds were software engineering, integrated circuit designing and chip designing, which showed that they had what it took to succeed in the industry. The team had set its sights on the development of compression and transmission

Initially, he used to sell surplus groceries; the first day’s stock was purchased by his demo money which he received after he had left the Royal Flying Corp at the end of the Great War. It was in the year 1924, that Cohen for the first time sold his brand of tea which was Tesco Tea, and it was before the company got its name.

The Coca Cola Co. is an American beverage corporation that is multinational. It delves in the manufacturing, retailing and marketing of non-alcoholic beverage drinks all over the world. It has its headquarters in Atlanta. The multinational company is renowned for flagging the Coca-Cola product that was invented in 1889 by a John Stith Pemberton.

The likelihood of success of a firm can be assessed by Bowman’s strategy clock. According to Faulkner and Bowman (1995), this model assesses a company’s current position and direction of progress based on eight categories. Different firms belong to different categories, depending on their perceived value and price.

To manage all the steps, companies need a system that would link all the information back to the asset. One of the categories that enable companies to understand the challenges of asset is the maintenance processing. Basic Maintenance

In the struggle to attain the status, hedonism as a culture in the set meets asceticism which is a cultural contradiction as it may lead to threat in consumption. Exhortation in America to self-indulgence needed to continue with the consumption which potentially undercuts the self-discipline and obligation to work required for efficient production.

It is worth noting that project managers spent 80% of their time communicating; therefore an effective communication plan is essential for the proper execution of the project. The author of the paper argues in a well-organized manner that the Starbucks app is one such project that requires effective communication (Binder, 2007).