Business Essays

By successfully implementing and managing information systems in an organization, one can create enormous proficient benefits for the organization. Information systems can be termed as the combination of software and hardware that helps in processing and managing data and information in organizations. This system is an automated or manual system that may comprise of people.

The author states that the Collins Company is a privately held, family-owned enterprise that has been in operation since 1855. Over the past century and a half, the business has grown, in large part, due to our willingness to revise our operations as necessary. Our principles require that we work to create a healthy, viable Earth.

Culture, as described by Geer Hofstede is just a fallacy, which in the real sense does not exist. Him, he notes that culture is formed from verbal statements and other human behaviors. Geer Hofstede describes cultures as a make-up of values and customs, which a person should follow in their different communities.

Cybersecurity for US Ports Individuals and organizations welcome this opportunity. This phenomenon is known as “technological ecosystem or technium” which motivates our imagination into new versions and maximizes technology’s benefit. But humans have to lead where technology wants to go.

9 Analysis 9 Whether diversity is a problem or an opportunity/ asset of an organization 9 Findings 11 Conclusions 11 Recommendations 12 References 14 Bibliography 15 Introduction In this age of globalization and industrialization, human resource is most essential requirement.

Milton Friedman had said inflation was just a monetary phenomenon and macro policy couldn’t shift the economy to higher levels of employment. The impact from macro policy debates starts the macro section with a treatment of long-run growth as a function of supply side productivity factors.

Alumina Inc. is a US-based company specializing in the aluminum railing and special aluminum fabrication. Alumina belongs to one of the profitable industries in the world proposing global consumers a wide range of aluminum products. Quality and new technology are the primary driving factors for the company and its growth. 

The company has grown substantially in recent years, going in line with globalization and franchising. The Company’s assets make it one of the richest companies in the industry. The company’s other ventures, such as hotels and pubs, also offer good quality services and post strong performance and increased profits.

Many companies analyze their strategic initiatives after it is too late to do any good for the current fiscal period. If the analysis shows good results, meaning the initiatives were a success, then the companies try to find out what to attribute that success to. If the initiatives fail, companies utilize that data to learn from their mistakes. 

It is a well-known fact that Alchian and Demsetz attempt to counter the claim that the essence of an employment relationship is the authority. Coase argued differently, by saying that firms have a tendency to acquire high internal costs through negotiating new contracts. In contrast, Alchian and Demsetz that firms rise because of information costs.

An organization has the responsibility to think and decide on the issues. The decisions should be made after conducting analysis and investigation. A decision is an important part of any organization and it must be made with utmost care. The company must realize the seriousness of the decision and must act accordingly.

The industrialisation, in the 1990s in Brazil, fell behind in technological developments around the globe. Investments in the market were discouraged due to risks involved with the economic policies. Efficiency and quality of products were not able to match the competitiveness in the international markets.

The supermarket giants like Tesco, Marks & Spencer, Waitrose, Asda, and Wal-Mart have taken a number of steps from introducing avoiding plastic bags, reducing carbon dioxide emissions and saving costs on electricity to using recyclable materials in-store construction and giving points to the customers on bringing their own bags for shopping.

It is been found necessary that corporations address the issue of cultural diversity, communication, and training barriers as they manage a more diverse workforce. Strategic planning is an involved, intricate and complex process (David, 2006:p18) tailored to the type of organization, can be much simpler and effective (Camillus, 1986:p8).

According to the paper Long term finance may include long term loans from banks at fixed interest rates which are repayable over a period of time. Investments can be made in debt instruments like bonds. A mixture of debt and equity may also be used for middle to long term investment. Specific case studies can be used to analyze the suitability of long term financing for different types of organizations

According to Atul, the characteristics pertaining to the entrepreneurial environment are moulded by the processes of management at the local level. In this regard, the local government has experienced different issues i.e. 'fixing rates of taxation and finance but with substantial freedom'.

The integration of the global markets into a single village brings about new sets of opportunities for industries. Among those highly affected by globalization are the hospitality industries. Experts have anticipated and reported the upbeat performance of these sectors. BTI UK revealed that “the global hotel industry is enjoying a growth phase.

In this discussion there is a popular argument that indicates whether Information technology & Information systems have positive or negative impact on business process reengineering project. While making a value judgment on this matter, we will try to make a clear concept regarding IT, IS, Reengineering process & will also find that all of those are closely connected to improve product performance or TQM process.

The author states that the case at bar can be resolved in the negative following the ruling held in the case of Hanson vs. Denckla. In that case, a trustor in Florida established trust with a bank in Delaware had died, leaving her grandchildren as the beneficiaries. Prior to her death, she had lived in Delaware and later moved to Florida.

The study will determine what, if any, effect that offshoring has on employee attitudes and productivity. It will further examine the employee’s perception of future job security and its impact on their level of company loyalty. The study will quantify the cost of lost customers and lowered customer loyalty to a product or brand.

Globalization has indeed made this world a small place and if we do not learn from others, share technology, enjoy benefits of international specialization, indulge in mutual research and development, soon we will run out of precious finite resources like oil. It is times that all of us work together through economic integration.

To illustrate how a stock market operates and spreads the wealth in one country, let us say Company-A has been so successful in its manufacturing operations that all its goods sell as fast they are produced. The firm knows that it could sell even more products if it could get enough money to build another factory.

Starbucks Corporation purchases and roasts whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espresso beverages, a variety of complementary food items, coffee-related accessories, and equipment, a selection of premium teas and a line of compact discs, primarily through its company-operated retail stores across the globe.

The best strategy for any company not depending on the sphere of operation is to find the optimal source of finding at the lowest possible cost. The first problem was stated as giving huge discounts to managed care companies which resulted in costs incurred with providing this care greater than the benefit from having so many clients.

The organisation we would be discussing is a very well known in not only Britain but also the entire world. Yardley of London is among the most popular companies in Britain. Yardley was first brought into business in 1620, in the reign of the impecunious Charles I

As the paper outlines skilled, loyal and motivated employees remain perhaps the only reliable asset and competitive advantage of modern companies. Attracting skilled labour and career oriented employees and retaining them in the constantly changing dynamic environment is perhaps the most evident challenge to be faced by modern businesses.  

Fitness Forever has been criticized much because the organization has increased the prices i.e. fees and interest rates charged, particularly when the declination in the revenues was imminent. The financial institution was heavily criticized and disliked by the local market because of the expected reduction in the interest rates.

Reportedly, the most critical of the factors that have a particular impact on the success of Burger King is the socio-cultural factor. France is a country with a long culinary tradition. French people who consume fast food show preferences guided by considerations of health and nutritional variety (Steele).

The motivations of companies to deal with corporate responsibility and sustainability diverges extensively from influential approaches by responsible practices as a way of maximizing profits to inherent approaches entrusting the company to keeping its principles and values irrespective of the impact on financial performance.

The paper analyzes the internationalization strategy required in identifying and selecting a suitable country in Europe that will best meet the major objectives of Indian Motors in terms of both technology and manufacturing aspects. This business strategy report identifies existing cultural and institutional differences.

Nowadays corporations as living organisms have the responsibilities towards society and employees by making a better livelihood for them. In the process, even family-owned companies have to fall in line. Following the age-old traditions in the name of keeping up with old traditions only amounts to self-deceiving and escapism and exposes inefficiency.

As we all know, Risk Management is a well-thought-out and calibrated action is taken to reduce or manage an intangible aspect of reduced risk through meticulous risk assessment. Once the risk is identified and accurately assessed, various strategies need to be developed to manage the risk and alleviate it using managerial principles.

The paper will seek to answer the question of what sort of problems commonly result in mergers failing to achieve all of the promised efficiency gains. It is not uncommon for management to try solving a problem but still failing in it. The reasons could be many. At times the solution might have even backfired.

Such examples of the divisions of the market environment include: micro or task market environment and the macro environment. The micro/task marketing environment refers to the day to day aspects that influence and affect the business such as the customers, suppliers, competitors and the distributors.

In general, today’s organizations are benefiting from automation.  Some of the recent technological developments in the field of operations management, which include computer-aided design (CAD), AS/RS systems, JIT and ABC systems etc.  Artificial Intelligence is another development in the field of technology. 

These include core research and development activities which are called as renewal services, while those that contribute to maintenance and management of sub systems such as accounting are known as routine services. Network services include those that facilitate communications, exchange of knowledge and flexibility in resource allocation.

Although Corporate Social Responsibility (CSR) has no universal or narrow definition, it is generally thought of as practices that exceed the moral, legal, and public expectations that society places on business. CSR encompasses the many influences that a business practice has on its stakeholders, which include workers, customers, investors, and the local community.

Activity Based Costing (ABC) is a common procedure normally most of the organizations adopted to determine the price of their products or services. Both indirect and direct costs of manufacturing will be considered while calculating the unit price. This method proved to be an effective way to determine the true cost of a product or service.

Global business is now driven by in excess of 60,000 multinational enterprises (MNEs) with over 800,000 subsidiaries in foreign countries. International production may be of resource-based, import-substituting, export-platform, or globally integrated kind. Companies want to expand their business base aboard for mainly “efficiency seeking” and “strategic asset seeking” reasons.

In 1999, Reckitt & Colman plc and Benckiser N.V. merged to become Reckitt Benckiser plc – The world no.1 in household cleaning products company. The company’s Code of Business Conduct states, ‘to ensure that management and employees across the Group have a clear understanding of the principles and ethical values that the Company wants to uphold.’

The author states that the lacunae of misuse and loopholes have often ridiculed the application of law resulting in justice miscarriage and the noble subject disdainfully dismissed as “an ass.” Often the mandarins of justice are to blame for having made the process lengthy and tedious.

The fact that the world has become one small marketplace, where trade for so many products has become internationalized, means that virtually as soon as they are recognized in the country of origin a geographical indication will be published, in some manner or other, even if only through the internet, in every country of the world.

Sole Proprietorship: An unincorporated business owned by an individual which is not treated as a separate legal entity from its owner is called sole proprietorship. The proprietor and his business are "one" legally. The individual receives all profits and losses and is liable to the obligations of the businesses in most countries.They are typically they are the smallest in size.

At the next level, the various features of online banking provided by financial companies are analyzed. In simple words, online banking is referred to as internet banking where the customer can operate and transact from any computer or terminal through the internet and need not be present at the bank branch.

The author states that the entire field of real estate has a strong bearing on the economy and in turn consumer spending. The cycles demonstrated in real estate and the link to times of recession cannot be ignored. In order to be financially prepared and informed, all we have to do is look to real estate for clues.

In the entertainment industry, which is the basic arena of operations for the HMV Company, there is a large margin for-profit and the products pass through a variety of middlemen before reaching the final destination or end-user. In this regard, it would be profitable for the HMV Company to diversify and meet the composite needs.

The author states that given the rather well-established competition, MagiqADS will have to find an opportunity in the industry that will tilt the balance to their favor. This advantage, I believe, can be found in the uniqueness of its advertising technology which they call ‘Floorstoppers’.

The pre-requisite to start any business is to have the knowledge about the business. To start a hotel, it is essential to know the basics of the hotel business. The primary thing to understand before starting up a hotel business is hospitality. Hospitality can be defined as the generous reception and gracious entertainment of strangers or guests.

The significant growth that has been experienced by the airline is, as a result, good management of the organization that has developed over the years. The airline has made good use of PEST analysis in their marketing strategies for it takes a feasibility study before launching their services in a new region.

Arrow’s North American operations were headquartered in Melville N.Y. Sales and marketing functions were divided into five operating groups. They are Arrow/Schweber, Anthem electronic and Zeus electronics sold semiconductors to different customer bases, i.e. Zeus to military and aerospace customers, wile, A/S & Anthem to industrial customers.