Business Essays

To improve quality and effectiveness, the organizations realized that something would have to change. Once prospective employees complete a general knowledge exam and they are tested in their attitude toward work, the company then takes the top 30 percent and scrutinizes them the way American organizations do their managers.

The research in this paper will be targeting tourists who have already visited Cancun. The broad area of study is Cancun, a beautiful sun kissed island located in Mexico. The name Cancun means, "bubble". The Cancun, according to tourists, is like a bubble enveloped in the wrap of time - far away from the maddening pace of the everyday life and external factors.

From our estimated value using the Durbin Watson test, it is clear that the value of d = 2.026241 showing that there is still autocorrelation. However, our estimate exceeds this value. For this reason therefore because the estimated model violates the assumptions of OLS then the estimates are not BLUE.

The implications of FTAs are inevitably vital for Thailand, in terms of trade increase, GDP and welfare improvement, structural changes related to specific FTAs and sectoral impacts (Chirathivat & Mallikamas, 2004 p. 37). The new dimension of policy framework via the FTA compels Thailand to delve into this matter deeply, as much as economic opportunities are in store for the country's interest of being 'globally competitive".

This paper assesses Coke in the context of the carbonated drinks segment in the UK. It evaluates the supply conditions given the prevailing market structure and competition among soft drink suppliers. This paper discusses the barriers to entry and political or social factors impacting the industry. 

The major investments undertaken by the company has been the acquisition of two companies, Deltron in January 2004 and the purchase of Axees Technologies Group in April 2006. The successful merger of the former two companies into the Abacus group has resulted in cost savings to the tune of 5.5 Million.

This analysis is used to ensure that all aspects of the macro-economic environment are covered while assessing a business and ensures that key factors like Political environment, Economic factors, Social Factors, and Technological factors are taken into account. Some of the political factors that are reviewed in a PEST analysis are stability of government etc.

The exchange rate is the rate at which the national currency exchanges in terms of a foreign currency. Thus the exchange rate of a country is expressed in the form of a ratio or a multiplier depending on the central bank’s policy of the particular country. The exchange rate regime is the way that a particular country manages its local currency.

The research is relevant in today’s era of globalization, which allows businesses to compete at a wider scope of markets. The financial crisis in which the UK budget hotel is situated is also a relevant point of discussion since it enables for the development of insights on the current global crisis situation.

What is knowledge? A review of knowledge management literature indicates that the development over the years has created some notable strengths and weaknesses, preoccupations and blind spots. Although providing a best way to view the world, the epistemological and ontological foundations of knowledge management have been cemented.

The author describes the problem that a significant percentage of advertisements not only directly violate established media and corporate ethics but have a discernibly negative impact upon the society. Given the inextricable relationship between media and business, a number of ethical concerns, primarily revolving around advertising emerge.

The author states that the mall was no longer attracting buyers the way it used to. Exit surveys were conducted which revealed interesting information, it showed that the degree of dissatisfaction was not really that huge; the mall was observed to be a place that was being well-maintained, though 3) its tenant mix was not seen as “contemporary”.

For evaluating the marketing plan of Vodafone, a series of points have been extracted. The marketing audit has been accomplished with PEST analysis. For each of these segments, depending on the marketing mix product, place, promotion, place, a detailed course of action has been elucidated with 7P analysis.

The author states that in the same vein consumer rights and protection groups are also waging a relentless campaign to ensure that government enacts and enforce stiffer laws that will safeguard the consuming public from the rising trends of acts amounting to the corporate misdemeanor on the part of corporate institutions and their stakeholders.

MediCan operates on the market for 90 years as medical equipment manufacture and became a leader in this industry. From the 1990s, MediCan has started its global expansion and successfully penetrates into 50 countries selling its products. The range of products includes laboratory and dental equipment, etc. MediCan is originated manufacture of the equipment and has all the rights of ownership.

Today ManU is recognized as a sporting giant providing entertainment, social, and group identity to a large community of British and non-British people. ManU has emerged as a business-oriented sporting organization through a strategy of growth that is multi-faceted, though not based on a planned approach and more inclined towards the unconnected strategic model denoted by Mintzberg.

Following Islamic precepts in financial transactions are viewed by many as a religious obligation. The ability of an Islamic institution to attract investors successfully may depend not only on the profitability of that institution but also on the perception that the institution faithfully observes Islamic religious restrictions.

Foreign Direct Investment (FDI) takes place when multinational enterprises attempt to exploit their oligopolistic advantages over domestic firms by internalizing transactions within the firm which offers an advantage over external market transactions because of savings in transaction costs.

The health of the global maritime transportation industry is linked to many diverse factors. Global Geopolitical situation, rising oil prices, inflation, lack of trained manpower, national social policies and foreign policy decisions by the great powers play an important role in deciding the status of the industry as a sunset industry.

The author states that the key factors that have led to this are stiff competition from local vendors providing imported quality products at lower prices. Their application of modern trends of business is cost-effective without any compromise on customer service. Their understanding of the customer’s requirements.

The profit maximisation and cost minimisation aspects assumed by Transaction Cost Economics are evergreen concepts in the whole business environment and hence these will be touched by the researchers for time immemorial and consequently the theory of TCE also irrespective of its shortcomings if any.

Characteristics from both perspectives are important in managing the youth and community workers. They certainly need to believe they can ask questions and communication is paramount. Given the fact that my staff is part-time or volunteers, there is not the priority on rapport with the supervisor as with full-time employees.

China attracted 18 percent of the US$334bn total FDI flowing into the developing economies. In the early 1980s, a large part of FDI in China was directed to geological prospecting, real estate, and tourism. Foreign projects in manufacturing sectors were only concentrated in labor-intensive sectors, such as food, electronics, construction materials.

The author states that this will lead to streamlining all the business processes, which will, in turn, result in increased efficiency and decreased miscalculations and inaccuracies; hence, improving not only business functionality such as online and mail order, retail and wholesale sales and distribution processes, plus product returns.

A new conceptual framework is proposed in which the emphasis is upon firm-level strategic decision-making rather than government policymaking. The manager is the focus of attention. Today most firms engaged in international business not only need to be aware of environmental issues but, must also have in place a strategy to deal with environmental regulations.

PEC will not do weddings and anniversaries because these are highly competitive market segments that we would want to touch. Our consultants are experienced and dedicated professionals with many years of social networking and event planning experience. PEC will be unique because of our people skills that enable us to know each of our clients intimately and give them our undivided attention. 

The company is very keen on providing services to the customers strictly on the basis of their needs. Inconvenience for their customers is something that the company cannot afford to happen. The company has thus come up with the idea that, for speeding up the process the systems in the company has to be improved and upgraded

The author states that these facts and features of our economic and social development can support global economic and natural crises which will be rather difficult to overcome. This paper will discuss such issues as economic growth problems, business ethics, consumerism, social and cultural critique, real consumer needs.

Busy schedules hinder the average adult from being able to work out in a gym or at a workout center. Seizing the opportunity, gym equipment units are opened that are into the full-fledged business of selling the home gym types of equipment. Some units claim to give the same quality workout that the one could receive in a fitness center.

Comparing this with Marks and Spencer, M&S has reported a pension deficit of 704m (Forbes.com.2007). The company has kept the scheme of final salary open to its existing members although members have been asked to contribute from their current salaries or they might receive lower benefits later on.

CFT is comprhnsiv nd rciprocl trd grmnt, which distinguishs it from th CBI uniltrl prfrntil rrngmnt btwn th Unitd Stts nd ths countris. It dfins dtild ruls tht would govrn mrkt ccss of goods, s wll s srvics trd, govrnmnt procurmnt, intllctul proprty, nd invstmnt.

Once a corporation or firm undertakes a foreign direct investment, it becomes a Multinational Enterprise (MNE). Examples of foreign direct investment initiatives include: CEMEX a Mexican corporation operating in more than fifty countries; British petroleum, Texaco, ASDA, TESCO (Hill 2007).

Best practice as a human resource and development strategy attempts to link two issues i.e. human resource strategies and competitive advantage. This perspective is founded on the belief that human resource and development strategies can cause employees to become committed and highly motivated towards their organization.

We have analyzed two important liquidity ratios: Current Ration, and Working Capital. A current ratio of 2 is considered "adequate liquidity". The company has Current Ratio numbers for 2006 and 2005 1.2 and 1.1 which shows that the company has at least good funds to discharge the short term obligations and also there is an increase in the ratio which is also good in the future.Interest coverage ratios shows that how much times the profit covers the interest which is a financial liability .the company's interest ratio is 20 for 2006 and 12 for 2005 which shows that the company is financially stable.ROE is viewed as one of the most important financial ratios.

This essay underlines the basic concepts of multimodal transport and its importance to the finished product international supply chains. Today’s globalization has encouraged the enormous movement of goods all across the world. Efficient supply chains play a great part in determining that the finished product is available for sale. 

At the origination, Nokia had nothing in common with mobile phones. No doubt, the company was familiar with a business-producing authority. Soon after, at the end of the last century, more advanced technologies had been brought to light, such as the invention of rubber and other related substances used in chemical processes. This led to the formation of the Finnish Rubber Works.

It is a leading company after all, being consistently awarded Best Practices recognition comes from a rigorous adherence to the highest standards in the industry, and all suppliers must conform to their minimum expectations, if they wish to thrive in business.

The author of the paper states that to secure corporate-level influence, marketing must develop tools to quantify its contribution to firm growth and profitability. First and foremost, marketing managers must develop ways to measure the effectiveness of marketing in terms that are meaningful to CEOs, CFOs, and investors.

Free Definitions: Define Brand (1998-2004) gives the meaning of brand: “The name of the organization can also serve as a brand. The brand value reflects how a product's name, or company name, is perceived by the marketplace, whether that is a target audience for a product or the marketplace in general (clearly these can have different meanings and therefore different values).

The objective of analyzing operating expenses and evaluating whether operating leverage was applied in a company is to assess the “impact of any change in revenue on profit or cash flow”. The understanding is important since it assists the company by providing guidance on the company’s cash position as well as future strategies.

The paper demonstrates the use of an appropriate range of ratios in order to analyze the company's position from the management, investors and lenders' viewpoints. All the data for ratio calculation has been obtained from the annual accounts of the companies for the year ended 2005. The company enhanced its sales as compared to the previous year.

These assets, the global intangibles, have a large effect on global manufacturing and marketing, yet are the most difficult to quantify. Traditional measurements of resources; Value, Rareness, Imitability, and Organization are relevant to globalization but require further definition especially as it relates to organization.

For many years, Cantrell and Cochrane, more often known as C&C, has completely dominated the beverages and snacks industry in Ireland. Its vast expansion in the past few years has gained the attention of many market analysts as its growing presence is felt significantly in the country (Manson, 2006).

The market for coffee and coffee products in the United Kingdom is one of the largest sectors that attracted the attention of scholars as well as entrepreneurs. The sector is getting more and more attention as they are growing fast and have high potential in future.

Entrepreneurship is the act of becoming an entrepreneur. It involves the process of turning innovations into economic goods (Livingston, 2007 p21). The process of entrepreneurship may lead to the formation of new enterprises or organizations or the transformation of the already existing ones into more productive firms. Entrepreneurship as a discipline is not limited to the business field alone.

An entrepreneur person is a person who is ready to take risks but the level of risks is not at extremes; the risks are neither too easy nor too risky, the person just knows what is right for him and for the company and he knows how to make a profit for the company. The person is very sharp-minded and can take initiative for different projects and deals.

To achieve unique service standards an organization has to build a well receptive employee who cares guests at all moments can be a major asset to the organization, a well-treated employee will try to reciprocate the same value of dignity to the guests he serves, employees are trained in new service aspect.   

Six Sigma is a measurement. A more illustrative explanation can be found in a 1997 letter Welch sent to GE stockholders: "The Six Sigma quality initiative, very briefly, means going from approximately 3S,000 defects per million operations, which is average for most companies, including GE, to fewer than 4 defects per million in every element".

People constitute the most valuable resource for any organisation that intends to emerge as a winner in the highly competitive marketplace. Any extent of material resources or the best of equipment available in the market can be of little use to an organisation unless it is productively employed by a team of competent and committed personnel.

Peter Senge, 1990 defined that "Organizations where people continually expand their capacity to create the results they truly desire, where new and expansive patterns of thinking are nurtured, where collective aspiration is set free, and where people are continually learning to learn together"