Business Essays

Each hotel is unique in itself due to the various decision-making policies of its managers, and a lot has been written about the strategies adopted by the respective hotel managers in promoting their hotel as the best. ‘Decision’ is best described as the move to instigate an action that could bring laurels or risk.

Incidentally, they form the appropriate technology to influence the way we bank and the way we define money. The rise of internet connectivity and low-cost access to the Internet has encouraged banks to create a brand-new “brand” of banking, called synonymously “online banking”, “e-banking” or “Internet banking”.

While it intends to recruit managers, chefs and operational staff internally, the remaining positions are to be filled through a selection process, for either part-time or fixed term contracts. The ultimate aim is to match T.G.I. Friday and other similar competitors and eventually overtake them in market share in this segment of business.

This analysis deals with the impact of more accounting information under different situations. The analysis begins with an explanation of the process of accounting highlighting in particular, the representational nature of accounting showing the differences in users of financial statements.

The author states that globalization reduces rather than contributes to inequalities giving low developed nations a chance to progress and grow, acquire new technologies and innovations in all spheres of life. Globalization has both positive and negative impact on the third world countries identified by the development stage and economic possibilities.

Competitive business environment has exerted pressure on firms to examine their social responsibility activities. Corporate social responsibility (CSR) has been defined as a concept whereby companies integrate social and environmental concern into their business operations and interactions with their stakeholders on a voluntary basis (Perrini, 2007).

Business must comply with the true spirit of the law. The government, the courts, and enforcement agencies must share equal responsibility to provide the legal climate within which economic efficiency is rewarded, competition and the competitive system are strengthened, and market forces are permitted to operate with a minimum of intervention. 

Like the interest rate risk and liquidity risk, credit risk is also an inherent feature of any form that is into the business of lending funds either to individuals or to a corporate ((ICMR), Credit Management, 2004). Effective management of credit risk involves the following key principles: Evaluation; Pricing; Monitoring.

There is a difference between intrapreneurship (Corporate Entrepreneurship) and entrepreneurship because of different resources available and individual contribution made by a single person and an organization to exporting, and risk factors. Both intrapreneurship and entrepreneurship rely on innovation and creativity.

GDP, defined as total domestic value of expenditures in domestically sold goods and services, accounts for household consumption, investments, government spending, and net exports. While this measures the total economic activity in a country, it cannot predict the behaviour of all economic actors, making it an imperfect indicator of the size of a government.

The author states that marketing orientation is a new trend in modern marketing. What actually marketing orientation means is that the business should be customer centered i.e. the customer should be the number one. A marketing oriented company bases its strategic decisions on the customers and the potential customers’ needs.

For example, in India where few low-income households have access to formal finance the proportion of households living in permanent structures is significantly less than Mexico which devotes more resources to housing and has a range of delivery institutions (Struyk and Turner 1986).

Marketing makes the basic assumption that customer satisfaction should be the primary aim of the business. Such satisfaction is achieved and sustained by Honda through the provision of competitive products or services, at competitive prices (Spreng, MacKenzie & Olshavsky, 1996).

Cash decreased significantly coupled with a much greater increase in the amount of trade creditors. The company's collection period lengthen in 2007. A possible reason for this may be an implementation of less strict credit term which might have resulted to the increase in sales for the year which was accounted for mostly by credit sales.

At a simplistic or theoretic level, the pure profitability measurement provides a single financial metric to judge Niessen Peru’s operations. The Incentivising Valencia (the profit center manager) gives him the motivational spur to keep the operations profitable. It also eliminates any subjective bias. 

Various organizations and strategies have been set up to regularize international tourism not only to get the maximum economic output but also to enhance world trade through it. With a fresh emphasis being laid on outward-oriented growth, increasing attention is now being paid on international tourism as a potential growth sector for many countries.

Project Management is a methodology and a discipline which can bring significant benefits to organizations. It ensures that the limited resources are used on the right projects; manages complex changes in an organized way; assesses risks, defines goals and key success area and sets quality objectives. 

Although the company has excelled in delivery and order processing, it still has yet to prove its operational efficiency. Therein lies Apple's principal weakness. In the past, Apple has failed to reconcile the added cost of differentiation with operational efficiencies in production and distribution.

The period for conducting complete closure will last for six months that will enable workers to find new working places. We have to become a balanced, innovative, permanently profit-making company in well-founded markets with the optimal utilization of the available machinery, technology, plants and human resources in order to survive in the competitive environment.

My duties include developing contact strategy, while maintaining current contacts. In my position, I work with an individual Field Sales Account Manager. The Field Sales Account Manager and I handle opportunities that range from fifty thousand to three million American dollars in revenue.

Earlier, in 1959, the Dutch had discovered a giant gas field on the edge of the North Sea at Groningen. This discovery encouraged others to begin searching for hydrocarbons offshore. BP scored the first success in British waters when, in 1965, it found the West Sole gas field, which it brought on stream two years later.

The author states that Mr. Barelli was an expert in his field but was unfortunately a weak manager. He was not one of those who can create a clear vision of the company they are supervising. Even if the vision is drafted, as in the case of HTE, such managers like Mr. Barelli are unable to communicate it to others.

Today, capital movements become the key driving forces and production is uncoupled from employment. In general, the processes of globalization include: "changes in societies and the world economy that result from dramatically increased internatiohal trade and cultural exchange.

The author states that every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall monopolize, or attempt to monopolize shall be deemed guilty of a felony.

TMK Services, an independent Value/Risk Management Consulting firm, has completed this initial report for TechWatt Corporation. TechWatt, a rapidly growing information technology company, in a desire to expand its operations and increase its visibility in the marketplace, has proposed an ambitious new building project.

Use of Computers in Hotels Effort has been made to elucidate each and every objective supported with facts with the help of extensive research of available literature on the topic. John Naisbitt wrote in "Megatrends" about 10 major trends taking place in modern society.

The author states that 3G is a new technology that has allowed financially stricken telecommunication providers to prosper and people living in rural areas to access the internet faster and easier than ever. 3G has already been launched a few years ago in many parts of the world. It has not been introduced in some countries.

The author of the paper states that strategic deterrence is not accepted the moment the multi-market contact starts to encroach the others market but it is just an understanding that too mutually agreed up activity, which after incurring a substantial amount of losses from the companies involved.

The Limited Liability Partnership was introduced as a separate legal entity by way of the Limited Liability Partnerships Act 2000 and its Regulations 2001, which came into force on the 6th of April, 2001. It is a hybrid of the two most popular business formations in the U.K. – the Limited Company and the Partnership.

TESCO 's focus is on customers and the entire organization, from the employees to the top echelon, including its many stakeholders, who work hard to meet the customers’ needs and demands.  Tesco has grown to be the UK’s most popular supermarket and one of British business’ great success stories by fulfilling people’s expectations to have safe, nutritious, quality food at affordable prices.

The literature on firm-level competitiveness suggests different and new dynamics of facing the competition and surviving in this new period of intense competition. What is critical however is the fact that the variables which were considered as essential for gaining competitive advantage have changed due to change in the competitive dynamics? 

These actions comprise business strategy. Johnson et al. define strategy as: “strategy is the direction and scope of an organization over the long term which achieves advantage for the organization through its configuration of resources within a changing environment and to fulfill stakeholder expectations” (2004:10).

The significance of this study is twofold.  First, the advantages of the merger and acquisition activity in China will be identified, as there has been a growing trend in the prevalence of mergers and acquisitions all over the world, especially in developing economies like China (Finkelstein 1999). Therefore it will be very important to understand how this trend impacts the Chinese economy.

Their facilities include a car sales showroom and repair and maintenance workshop. The company operates a computerized financial accounting system for producing invoices to customers, payroll, and financial reports. The company also uses a basic computer system (developed by the car manufacturer) to maintain inventories and costs of spare parts.

One of the effective methods to analyze the performance of a company is to carry out ratio analysis and compare the results with past performance to determine the increase or decrease in performance of an organization relative to the base. The ratios provide insight into various business aspects like liquidity, earning potential, debt, and leverage.

The author states that online marketing is inspired by development and increased technology. Brick and mortar business is a description of the business that is entirely based on the internet differentiating from that which operates in the practical environment. Of all the methods and strategies of marketing, there are advantages to each of the models.

There are four design approaches to this process that differ by scale of data, action sequences and complexity. Top-Down Approach assumes that data is transferred from diverse OLTP systems into a centralized place where it could be used for analysis. As Eckerson writes, the major benefit of a Top-Down Approach is that it provides an integrated, flexible architecture to support downstream analytic data structures.

According to marketing and advertising rules and guidelines, consumers always impress upon the advertisements they see. Marketing agencies to attract consumers make publicity of their products through different media. The products may be toys, cars, food products, garments, games, etc.; the producers and marketers display their products in supermarkets and departmental stores for sale.

These organizations are provided with high levels of autonomy and flexibility that they can adapt themselves best to the local conditions and business practices of a particular geographical region. A spate of corporate scandals has shown how subsidiary organizations are sometimes used as a means to escape liability for the financial consequences.

The author states that the corporate business policy must be well suited to the organization’s resources, its objectives, and circumstances. The policy also has to be sensitive to the social environment of the organization. A good corporate strategy should integrate an organization’s goals, policies, and action sequences (tactics) into a cohesive whole.

Porter's Five Forces have become a yardstick for assessing industry profitability. This helps the companies in consistent performance and planning. The five forces for the shipping and container industry are; Bargaining Power of Suppliers: Key suppliers to the container and shipping industry include; container manufacturers, legal aids for insuring the shipment, fuel suppliers, ship manufacturers, ship brokers, communication service providers etc.

Previously the employees have the right to make the higher management aware of the dangers, and such practice has really contributed significantly towards the growth and employment of the industry, however Americans are of the opinion that the local employees should themselves put in efforts to combat the problem, and achieve immediate relief.

With liberalization attaining a jet speed all over the world, transportation of goods by sea has been reaching new heights day by day to meet the changing requirements of people in several countries. It is no surprise that nearly 80%of the global goods transportation has been taking place through the sea (Internet, Sea transportation).

The author states that integral films are self-developing and self-timing films that come out in one piece directly from the Polaroid camera. The R2 plant is responsible for the assembly and production of integral films. An integral film is produced through several phases. The first part is the production of internal parts.

Employee development provides for professional and personal growth; create a leadership-centred culture; improves scientific, administrative and technical knowledge, skills and performance; develops compete managers and supervisors, which are crucial to an organisation's corporate goals.

The author states that the company depended on building more stores, and placed a large emphasis on the American, Britain, Germany, and French markets which had reached market saturation. Other fast-food competitors were also providing better quality and healthier food options. The company’s rapid expansion affected its food and service quality.

Decisions can change from place to place, organization to organization and especially from country to country, as culture has a tremendous effect on the decision-making at any level. One culture could make a certain decision and another culture, under similar circumstances, could take an opposite decision according to the influence of its own culture.

On a scale of $6.8 trillion in 2004, the viability of the Internet has arrived gets established. It all began when Jeff Bazos, a ÆBK graduate of Princeton University, opened the world’s first online bookstore, Amazon.com, its market cap today stands pegged at over $10 billion. Our business plan revolves around the establishment of a similar online bookshop venture for the dynamic Chinese market.

The author has chosen the following three articles for evaluation in this document; they are "Big time pay in a big time economy" by J. Manzi, published in the National Review in 2007, "Do motivation and equity ownership matter in board of directors' evaluation of CEO Performance" by P.

It is now the major guidance for portfolio allocation decisions for mutual funds, pension funds, and nearly any entity seeking to maximize investment portfolio returns and minimize risks. By exploring how risk-averse investors can construct optimal portfolios through consideration of the trade-off between market risk and expected returns, Markowitz presents the benefits of diversification.