Business Essays

The author states that there are studies that prove people usually spend 70 to 85 percent of their work time deliberately communicating through writing, reading, speaking, and listening. As a survey of 480 companies, the ability to communicate ranked first among the personal qualities of college graduates sought by employers.

Waitrose is in the business of retailing fresh fruits and vegetables with a market share of more than 2% in the UK, with 143 stores. In order to further strengthen its position in the market, the company is in the process of implementing the ‘category leadership’ program. Waitrose was able to sell 20% more fruits against an industry average of 2%.

When Microsoft Corporation proudly announces the release of Windows Server 2003 on April 24, 2003, there were mixed opinions among experts in the industry. They believed that the advantage of the new server is overestimated or overvalued. Some analyst says Microsoft’s Server 2003 is just a minor refinement of their old Windows 200 Server.

Although it is practiced with different variations at different levels geographically and economically, still every organization has accepted its vitality and importance (Bhatia & Dey, 2005). Things have changed a lot in the last century, the rationales have changed, such as in the early 1800’s it was a rational behavior to take a decision.

The author states that it is a computed amount of cash available that will answer the cost of labor, short-term liabilities of the company during its production until all accounts receivables were collected. It should meet the requirements of the business to run in a matter of months plus allowances for bad debts.

Automation of system processes has put a lot of demand on the underlying IT systems and software applications to the extent that there can be major hazards and accidents if there is an outage of one or more IT components responsible to control the critical states of the overall process flow. Such challenges put a lot of pressure on software development.

I would recommend that Oceanics should wait a little more and evaluate both companies further. Oceanics should consider the possibility of having third-party reviews. Based on the information available, “Atomic products” seems to be a more viable and appropriate company and thus the contract should be given to atomic products.  

The world’s energy system is in crisis. Present global trends in energy supply and consumption are demonstrably on shaky ground. But that can — and must — be altered; there’s still time to change the road we’re on. The future of human prosperity depends on how successfully we deal with the two central energy challenges.

The leading position of McDonald's chain of fast food restaurants on the world market is not determined but what it sells,moreover,this particular product itself has more of a negative influence on the public perception of the company.It is important how McDonald's sells its junk food - including creating the company's legend and style,enhancing image and brand,and using effective advertising techniques.There is a kind of rule in the industry of advertising that brand's positioning should undergo at least slight changes every three - five years.Throughout the last several years,McDonald's has actually had two re-branding campaigns that were conditioned by the changing situation on the market

As the current text has it, an ‘external’ service, such as an Employee Assistance Program (EAP), typically comprises face-to-face counseling, a telephone helpline, legal advice, and critical incident debriefing. Reportedly, in an in-house’ service, counselors may be directly employed by the organization.

This way they can earn the loyalty of the customer while successfully attracting more customers. Tesco's mission statement1 says, "Our core purpose is to create value for customers to earn their lifetime loyalty." value creation for the customer proves to be a competitive weapon to retain the customer.

 According to Fayol 1916 he argued that there has to be a set of principles in the organization for it to run properly, he analyzed 14 principles that will ensure that the organizations are run in an effective way, they include: Specialization and division of labor- Specialisation is the case where work is broken down in a clear division of labor.

As the text has it, people “at BMW have the freedom to get things done. No one is limited by excessive bureaucracy. Department managers have the ability to decide without a committee. They have the ability to move fast. It's a competitive advantage. This has become increasingly pronounced at BMW”.

In the recent past, there has been more concern about business ethics. It has become one of the most important topics in business in the recent past. This has been due to the changes that have been taking place in the business world. In the last two decades, there has been increased call for the need to practice business ethics in all business.

all exception the control testing stage)" (n.d., para 1.). With this, it can be summarized that the analytical procedures aim at having a deeper and more substantiated understanding of the client's business, through examining the consistency and validity of the business entity's account balances, transaction details and financial statements.

Apparel is the typical “starter” industry for countries that is export-oriented industrialization, and it played the leading role in East Asia’s early export growth. Many questions have been raised, concerning the degree to which international trade can be the fulcrum for sustained economic growth for developing nations

One of the signs of a good airport is proper orientation facilities. Passengers should be able to find their way using the signs which are posted. The signs should be color coded and use pictorials so that people speaking different languages can all understand how the airports are constructed and how its facilities are to be used.

After t minutes angle covered by the minute hand will be 6t degrees. For in 1 minute, it is 360/60 = 6 degrees. At 3 pm, the hour hand is already at an angle of 90 degrees. After t minutes it will be at an angle of 90 + 0.5t. For in 1 minute hour hand advances by an angle of 6/12 = 0.5 degrees.

The International Accounting Standard Board, a privately owned body based in London presented a document in July 1989 which became the framework for the preparation & presentation of financial statements. On this framework, all the IAS are based and determine the financial statement preparation and the information they contain.

Industrial relations in the British region had undertaken a significant evolution through the course of history. The study of the said factor can be related to the different essential dynamics in a nation’s society and economy. In addition to being an effective factor in economic and trade development, industrial relations can be affected by different factors.

Wood (2004, p.36) has further clarified this position of Mayo by dileneating that these social ties, codes and routines are the factors that "regulates the relations of individuals to one another in a group and they foster a strong identification of the individual to the group."

Corporate social responsibility has acquired an increasing pivotal place in corporate management and practice. Firms usually stand to benefit from investment in ventures of social significance like extending support to community projects etc and these benefits may occur in terms of enhanced customer trust and better financial performance.

To date, a total of 41 IAS have been released; however, 10 have been superseded by other IAS or IFRS. Of each standard, this paper briefly discusses how the potential users of financial statements can benefit from the use of these standards. To explain the concept, certain examples have been discussed for a hypothetical organization.

Outsiders go through, sometimes a harrowing experience of being bulldozed by the natives, while trying (with reservations) to feel at home. Local workers, bristling with hostility against the ‘invaders’ cannot co-operate. Every MNC faces this misery and a passive feeling that it is an ongoing process, is resigning it to the sad fact.

This paper has highlighted the key areas where the training and development strategy of an organization has succeeded, besides laying down the areas that research must focus on to find ways where the training and development process can improvise. Thus there is a need to focus on practicability in terms of organizational goals.

The important practical implication from this study is that more rigid interpretation from investors and real estate analysts is required concerning the higher returns from high leverage and internal managed LPTs. There is little evidence that these high returns appear to be compensation for the greater systematic risk.

This report demonstrates the analysis, design, and implementation of your business case study which outlines all the system complexities and descriptions for successfully capturing all the business functions and their implementation details. We have critically analyzed your business penetrations and modeled them appropriately for enveloping it across franchisees.

He knew the general picture-what they were producing and what the general hold-ups could be. What he didn't see were the pressures that upper management was exposed to, and how they translated those pressures to the managers and supervisors on the manufacturing floor.

There are a lot of payments that are to be made in this kind of business enterprise particularly talent/professional fee of the optometrist, service fee for the employees and other fees that are inclined to his kind of business. This kind of business also requires record keeping of patients and clients who came for their treatment for monitoring.

The author states that Ford Motors had no centralized IT. The goal of IT was shifted from the creation of software to integration of universal "off the shelf" software into the existing business. It started as all business plans do, with a vision from the top that would be trickled down to all departments.

As the discussion stresses the Double- Colа Compаny is one of severаl smаll soft drink compаnies thаt compete fiercely for mаrket shаre in the beverаge industry. Heаdquаrtered in Chаttаnoogа, Tennessee, it produces Double- Colа, its flаgship brаnd; Ski, аn orаnge-lemon drink; Cherry Ski; the Jumbo line of eight fruit flаvors; Double-Dry Ginger Аle.

Problems with finding highly skilled personnel for the business are common when a business is expanding. While the issue may be rooted in the skills and experience of the potential workers themselves, another problem is diminishing contacts with customers that might negatively influence a manager’s ability to quickly react to the information.

Gearing Ratio = (Long term borrowings and other payables) / (Total Equity) x 100 = (33 + 2090) / (495 + 857 + 143 + 2184) x 100 = 7% = (89 + 2084) / ( 499 + 896 + 494 + 2366) x 100 = 51% The gearing ratio represents the extent to which the fixed income bearing securities are used by the firm along with equity in forming its total capitalization.

This is a concept which must be comprehended before starting one's business. When the producer, for instance, holds a short position, and the market goes up the producer will have a signal to provide more margin money. If the price rises, the producer has a more costly contract, and he is required to cover that grown value.

It must be noted that the performance enhancement in a manufacturing facility of this nature has more constraints than otherwise would be possible. The limits are applied to make the new performance management system more manageable and conveniently applicable in the XYZ organizational environment.

The damage caused to the fuel sector is likely to affect the economy, which has been overestimated by some individuals. It is estimated that the loss caused by this hurricane on the economy extends to billions of dollars. Certain economists have the viewpoint that the revival of the economy will happen in due course of time and this will not hamper the economic progress of the country.

The outsourcing history of India is one of the extraordinary stories of growth in a very short span of time. The idea of outsourcing has its roots in the 'competitive advantage' theory propagated by Adam Smith in his book 'The Wealth of Nations' which was published in 1776. Over the years, the meaning of the term 'outsourcing' has continued to evolve.

Assembling, cleaning, adjusting, and documenting the units of the data is often the most tedious step of forecasting, and failure to attend to these mundane details may lead to egregious errors of modeling. The good news is that you often learn a good deal in the process, gaining insight into the trends and forces which are influencing the variables you wish to predict.

The global market share of Samsung by 2005 had been 12.7% compared to 32.7% enjoyed by Nokia and 18% enjoyed by Motorola. This comparative scenario makes Samsung always aggressive to work hard and move towards achieving true leadership position in the world.

The South Korean and Taiwanese business systems sometimes reflect similarities in the economies and often prove to be as contrasting economies. The economic systems prevailing in a country are well reflected in the country’s business system. The dimensions of government intervention and private independence determine the economic structure. 

The author states that the main areas of involvement will be: management functions and service provision. The idea is to familiarize Smith Systems Consulting with current operations and structure of the word processing software and inform the consultant about future goals and strategic directions of the company.

The countries in the Middle East have to focus on human resource development, tourism development, housing development, technology advancement, and health services development in order to generate more foreign investment in the region. These countries can form additional business councils that can focus on technology, human resources, housing, telecommunications, and health.

The idea behind assuming social responsibility by the business is to help for the rapid development of the society besides increasing the profits of the business. In the ancient times the businesses were concerned only about increasing the profits.

This study is an assessment of how much this change has been implemented or is successful within the branches. The corporate strategy of Barclays has also been analyzed and showed how the bank strategy could or should change from an emphasis on sales to an emphasis on customer service.

Though Pinnacle Pictures has been in business for just over 10 years, the company has seen a lot of changes in the industry. Pinnacle Pictures has been able to dominate the regional market on the basis of its job quality. With a staff of about fifty people, the company has been able to break even and earn profits of £5,000,000.

This paper analyses the impact of the Internet on the global location of two firms of different sectors, using two different frameworks for our analysis: Yip’s Globalization Drivers and Porter’s Diamond.  We begin our analysis with a discussion of the problem, which is to analyze the role of location on a firm’s global competitiveness.

This project had been a great source of learning for the author. In the past few weeks, he had seen himself growing from a business student to a business analyst. This gave him the opportunity to evaluate his skills, abilities, capabilities and talent and also made him realize his strengths and weaknesses in different fields – both at personal and academic level.

The input data that is required are item category, brand, quantity, cost, customer detail (name, address, phone, and birthday), mode of payment, mode of sale, and special scheme (e.g. discount). Once these data are entered into the system, it undergoes various processes before finally culminating in the delivery of the item.

That it was the offense that was a prime example of criminal activity and corruption in the corporate world. Here we will analyze the case mostly for financial accounting purposes. Enron was found in 1985 from a merger of Houston Natural Gas and Internorth, Enron started off with the first nationwide natural gas pipeline network.

Broadly defining the term, it is the transfer of risk from one owner to another. This exchange from one entity to another is done by paying a premium to one party who is undertaking the contingent risk.