Business Essays

The author states that the customers have come to depend on our power tools to be there when it counts. They have come to know Able Corporation as the leading innovator in the power tool business. Whether it's home repair or an industrial application, if there's a job to be done, you will find Able doing it.

Chapter III starts with a discussion on the nature of monopolies and cartels and traces the emergence of the De Beers conglomerate as an innovative diamond cartel with the discovery of diamond mines in South Africa. It also touches on new challenges facing De Beers, and the cartel’s attempts to survive and prevail in a rapidly changing world.

Airlines try to attract customers by being innovative in pricing techniques. After pushing the cost of production of goods and services to the limits, companies tried to find ways and means to cut down the procurement costs. Cathay Pacific tried towards this end. E-procurement is ‘Buy the right commodity at the right time from the right people’.

Why should GM be saved when it was still one of the leading US automakers in the 1980s? GM had just survived the recession at that time and was threatened by the US and Japanese competitors, like Ford, Honda, and Toyota. Saturn was to be a plant to produce a brand new car; GM had not been introducing a brand new car for some time.

According to the report there are different forms of electronic business starting from automated data collection systems to inventory management systems, electronic data interchange, online transaction processing, Internet marketing, supply chain management and electronic funds transfer. This form of business is able to reach a global market.

The author states that Walentas’ plan incorporated various different ways to add value to his properties. First, he took the deteriorated buildings that he purchased and converted them into offices and high end condos. He did not just go in there and frame up offices as some developers would do either.

Services offers could range from a tangible good with accompanying services to a purely intangible service.  Services are inseparable, variable, intangible, and perishable. In order to manage these characteristics, the service firms have to develop a differentiated offer and keep on introducing innovations.

Culture Culture can be explained as a way of living built up by a group of human beings and transmitted from one generation to another. For instance, Geert Hofstede defines culture as "the collective programming of the mind that distinguishes the members of one category of people from those of another" (Hofstede, Bond, 1988, p.5).

For example we need to assess the requirement of a sports magazine, then we need to have information about, general reading habits as well as the interest of people in the sports. Editorial Section: This section requires information about news gathering as well as editors available on snow skiing.

Operation management must manage the production of quality goods in an efficient manner in order to be cost-effective.  It must reduce development times so that new products can be brought to the market quickly. It must simplify operations in order to achieve economies of scale and guarantee high-quality products.  

Their prominence is perpetually increasing, physicians usually are not paid work-persons of hospitals. To a certain extent, autonomous physicians have various ‘advantages’ at a given hospital which allows them to facilitate medical services within the respective facility. Physicians provide some services on behalf of the hospital.

While Toyota Pius is a hybrid car using a petrol engine along with an electronic motor, the Model still runs on petrol and diesel. But the changing environmental and economic scenario is creating newer realities for global auto companies and it is to be seen whether the value propositions of these two products remain the same.

The author states that the other importance of the analysis is that an organization can be in a position to draft a strategy that can make it be distinguished from the rest of its competitors thus can produce high-quality goods and services. The strength of the Crown Cork Seal Company had appointed a leader known as McManus.

The importance of PDA increases with the improvement in the quality of PDA which now can access the internet, is used as word processing, and has a Global Positioning System. We are initially manufacturing PDA for our domestic market, United Kingdom, but now our objective is to market our product at the global level.

You should discuss this in terms of short, medium and long term. Analyse the financial performance of BP Exploration over the last five years (include any key non-financial performance indicators) and establish the trends and relative success of the business unit.

The Florida Fire Chiefs’ Association has created the FFCA Statewide Emergency Plan (SERP) is an effort to coordinate and mitigate response during emergencies. It is not limited to situations brought on by hurricanes that frequent the state but also provides standard operating procedures for various types of emergencies either brought by natural or contrived circumstances. 

Huge pools of industry-standard, modular storage and servers are created by enterprise grid computing. Each and every new system can be quickly provisioned from the pool of components with the help of this architecture. When required capacity can be easily added or reallocated from the resource pools so there is no need for peak workloads.

The author states that reducing the prices by 25% did not help HKL get a competitive advantage. The company was losing its existing tenants and could not get new ones. One good example is the Mandatory Provident fund Authority (MPFA) which occupied 30% of Landmark, one of HKL’s buildings.

The youth segment is that section of the population that is between childhood and adulthood, but it depends on the social, economic, cultural factors of a particular country. The youth of Pakistan is willing to try new items that come in the market. They are fond of eating ice cream and ice cream desserts. Launching such an item in this market would be really beneficial for the organization.

The research question is whether there is true competition between GSM companies in Kazakhstan, especially between ‘K’cell’ and ‘K-mobile’. The spotlight of the research is how competition affects people living in Kazakhstan. As of 2006, GSM was actively applied by more than two billion people in over 212 countries.

Corruption and bribery have once been viewed by many firms as an awkward but necessary requirement. But of late the outlook of the companies has changed and the corruption and bribery are being looked into more as business malpractices. "The risks of exposure have become greater, the costs of exposure more substantial, and a compelling body of evidence demonstrates that engaging in corruption and bribery damages company integrity, degrades the business environment, and fails to create enduring competitive advantage".

The author states that a real estate business can give good results if the infrastructure of the concerned city, town, or village is good. Basic facilities like water, electricity, food, and shelter should be sufficient. Real estate prices will increase when the land is in the center of the city, or in industrial areas, or in residential areas.

It is important that the price of the purchase will not exceed the allocated budget without senior management approval. It is the financial department's responsibility to determine any grants, loans and financial liabilities that may be involved with the purchase as well as the value of the assets and services that will be acquired.

However there are still thorny issues that the business needs to deal with. Its rapid expansion strategy has at the same time proved to be a challenge for the business in the sense that it has found it hard to cope with the demands in the market and supermarkets have started approaching the business again.

From the paper, the conception of the consumer’s surplus originated from the Marshallian theory of cardinal utility.  Hence to establish the relationship between consumer’s surplus and willingness to pay we have to go through the theory of cardinal utility and consumer’s equilibrium in a single commodity case.

International business concerns international trade. Nowadays, most companies do business worldwide.  The reasons are various, among them are the contacts that people have over a wide range of countries. These contacts enable people to acquire more products and services and have access to various resources. 

Making investment decisions are one of the most critical decisions that organizations have to undertake in order to achieve the requisite growth. As such the focus is always on making investments into projects that provide the required returns and add more value for the shareholders of the firm.

Globalization is a worldwide phenomenon that is changing the world in a way at tremendous speed, but it has become one of the most contentious issues in contemporary discourse. Some people said that globalization brings with many disadvantages, which is not only appeared by economic aspect, but also by political, social aspects in developing countries.

The new millennium recognizes the importance of human resources personnel in their contribution to supplying the best manpower supply in a thriving industry. Organizations are overseeing the business functions such as hiring, training, conducting interviews, relaying of company-related business trends and issues and employees benefits, etc.

A keen analysis of the theories signifies that values and ethics are inseparable from science. Issues concerning the practices of good science have ethical implications and an individual or a group learns through experience as to what is valued in organizations. The organization's culture and team ethics describe what people actually believe.

Ryanair, a low-cost, no-frills airline carrier operating in the European airline marketplace, experienced measurable drops in consumer patronage volumes and overall service revenues in 2004. This represented a significant change after 26 consecutive quarters of total company growth. The mitigating factors which created these sales slippages involved changing consumer behaviors, vast levels of competition, etc.

Formation of the customer expectation of services takes place during pre and post consumption stages. Thus, prior to direct interaction with the service, consumers form own expectations about experiences related to the service consumption. In such way, customers establish own standards against which in the future the quality of the service received will be compared in accordance with the disconfirmation model.

A number of concepts can help guide anyone seeking insight into cultural issues. Nations can be classified as high and low context cultures; communication and negotiations styles can differ from country to country. Hofstede’s typology and the self-reference criterion can provide clues about certain cultural differences and similarities. 

For this paper, Primark will be analyzed within the context of the fashion industry, competitors and the effectiveness of its current strategies using Porters 5 forces model. Then possible future environmental influences within the fashion industry will be derived from a range of publications, as well as what types of strategies.

In order to evaluate the hotel industry in the emerging markets, India is one of the nations with a huge hotel industry development potential. Indian Hotel Industry has perceived a remarkable boom in recent years. Hotel Industry is unswervingly linked to the tourism industry.

One factor that is drastically impacting the viability of the firm under consideration is its inability to forge and coordinate channel relationships. The company definitely has an insatiable demand for plastic waste and there also exists an abundant supply of the plastic waste in the UK. Still PlastCo has failed to strike mutual strategic alliances.

Brands are considered to be value generators for business and it becomes necessary to understand how brand loyalty among consumers is created and how brands help to generate value. Among a large number of competitors, certain companies and products are only able to create and sustain strong and powerful brands in the electronic market.

In the modern market, mergers and acquisition (M&A) have become a common strategic tool for the development of business activities; through the M&A firms increase their investment capabilities but also their competitiveness towards their rivals; at least, these are the initial intentions of shareholders that agree to proceed to a relevant procedure.

The author explains that since the colonial period, the Ivorian economy is chiefly market based and depends a lot on the agricultural sector. Together with forestry, and fisheries, the three sectors account for a considerable part of the country’s Gross Domestic Product. 70% of the Ivorian people are involved in agricultural activity.

The author of the paper is of the view that the benefits and advantages of the introduction of Chip and PIN cards are multifold. As compared to the traditional swipe and signature system, the new Chip and PIN payment method is more secure and offers a safer way to carry out transactions using electronic means.

The year 2007 highlights the ability of the retailer to increase turnover by 8.1% while significantly boosting its profit before tax by 18.7% compared to the previous year. The company also reports earnings per share of 22.36p while declaring a dividend of 9.64p. All the figures mentioned are significant improvements from the performance in 2006.

The importance of intermodal transportation partnerships and the expansion of multimodal transport infrastructure is critical to optimizing supply chain functionality. Four movements are leading the international company’s (IC) quest to continued success: continued economic globalization as the driving force in trade and investment.

In general, carbon counterbalance is measured and traded in metric tonnes of carbon dioxide equivalent (CO2e). Purchasing carbon offsets means an equivalent decrease in carbon dioxide in the atmosphere somewhere else. Carbon offsetting provides businesses and consumers a chance to trim down the negative impact of their activities.   

A business start-up begins with the inception of a business idea; the idea is later transformed into a product or service. After the product or service has been identified it is vital to carry out comprehensive planning. Whereby, both internal and external factors that affect a small business start-up should be taken into consideration.

Appropriate legal structures were not in place throughout much of the developing world to accommodate economic liberalization, leading to the kinds of corporate abuses that precipitated the kinds of anti-globalization protests with which the world is still trying to grapple today, nearly a decade into the 21st Century.

In 2006 alone, nearly 62,000 establishments in the U.S. provided overnight accommodations to suit many different needs and budgets, according to the U.S. Department of Labor. Hotels and other accommodations provided 1.8 million wage and salary jobs in 2006 and are often the first places of employment for young job seekers.

The result is that marketing managers who have the confidence and capabilities of solving risky problems, of dealing with economic uncertainty, and of handling unstructured situations in business are being called on to do so in the social domain. If this know-how is applied to the solution of social problems, it is evident that the rules and roles of marketing will change.

The deregulation of the European airline industry primarily contributed to the rise of low-cost carriers. It can be recalled that deregulation has lowered the barrier to entry in the industry as well as enhanced the competitiveness of the players who are previously receiving subsidies from the government.

Finally, the various strategies adopted by the hospitality sector are discussed. Broadly, the strategies can be classified into three major types: Cost leadership, Differentiation, and Focus. In the Hospitality industry, Cost leadership strategy is not considered to a great extent because it is a luxurious sector.

The fact that planning is integral to project management is being analysed in this paper. The authors through an empirical analysis present the benefits of project planning for success in projects. The paper also presents an analysis on various aspects of project planning and project success from various perspectives.