Business Environment Essays (Examples)

business environment is constantly changing and diversifying and companies need to find the appropriate solutions to create long-term growth and ensure that their core business activity does not become obsolete. A good idea in this sense would be to diversify one's business by prospecting new economic sectors and by creating viable alternatives in other areas. A practice much used nowadays creates new businesses within the mother companies, but serious challenges appear, related to the organization, prospect, evolution and survival of this "intrapreneuring."

Indeed, these new businesses face just as much of the challenges associated with any new business and, besides these, several new ones, associated with their particularities. Their primary condition implies the fact that their initial evolution and creation is strictly related to the corporate culture and the climate of the organization to which they are part of. Organizations where managers are open towards new ideas and creative spirits…

Business Environment

There are various views held by management in terms of the methods that should be used to manage the organization. The work of Hartman (nd) states that the evolution of modern management thinking started first in the nineteenth century and flourishing during the twentieth century, which is reported to have "witnessed a revolution in management theory ranging from classical theory to the Japanese management approach." Hartman states that today's management theory derives from the "interdisciplinary efforts of many people." (nd)

Management is described in the work of Olum (2004) as "the art, or science, of achieving goals through people." Olum states, "More broadly, management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims." (2004) Management is about "solving problems that keep emerging all the time in the course of an organization struggling to achieve its goals and…

Sources and Main Issues

The start of the modern organization is reported in the work of Hartman entitled "Management Theory" to have taken place during the middle of the nineteenth century with "the rise of the factory system, principally in the textile industry, where automation and mass production became the cornerstone of productivity." (Hartman, nd) Management theory evolved slowly during the century as the need is reported to have existed "to define what management was in the first instance as well as to operationalize it in meaningful terms for an organization." (Hartman, nd)

Management Theory

Robert Owen and Charles Babbage are reported to have serious examined management theory. Owen's ideas were derived from his ownership of a cotton mill in Scotland and his interest in the well-being of 400 to 500 children employed by the mill. Owen published his pamphlet 'A New Vision of Society' in 1813 in which his idea of society was described and Owen additionally was very active in bringing about improved living conditions for his employees by implementing housing, sanitation, public works and school programs. It was Owen's belief that character was determined by circumstances and that early education combined with environment was critically a part of the formation of good character.

Babbage was held to be the 'father of the modern computer' as he performed the fundamental research upon which the first mechanical calculator was developed as well as developing an 'analytical engine'

Colombia

Once a no-go zone, Colombia has enjoyed something of a resurgence. This paper will examine the business environment in Colombia, highlighting the different issues that matter to businesses. Colombia has recently become the fastest-growing economy in Latin America (The Economist, 2014), which is testament to some key policy changes that have spurred renewed investment. It started with a major security push to stabilize the country and has now left Colombia enjoying a fairly attractive investment environment. This report will outline the country's economic and legal conditions, to provide the relevant background information for anyone considering doing business in Colombia.

Economic Conditions

Colombia is experiencing strong growth at present, something that can be attributed both to improved security and to a shift in economic policies. With 46 million people and a relatively slow growth rate, Colombia is the 30th-largest country in the world. Its economy ranks 32nd, with $642.7 billion…

References

CIA World Factbook (2015). Colombia Central Intelligence Agency. Retrieved April 21, 2015 from  https://www.cia.gov/library/publications/the-world-factbook/geos/co.html 

Deloitte (2014). Doing business in Colombia 2014 Deloitte. Retrieved April 21, 2015 from http://webserver2.deloitte.com.co/Tax%20&%20Legal/2014/DoingBusiness/Doing%20Business%20Colombia%202014%20Ingles%20-%20VF.pdf

Miller, S. (2011). Foreign ownership rights in Colombia. Colombia International Retrieved April 21, 2015 from http://www.colombiainternational.co/2011/05/foreigner-ownership-rights-in-colombia/

RSF. (2015). 2015 World Press Freedom Index. Reporters Without Borders. Retrieved April 21, 2015 from https://index.rsf.org/#!/index-details/COL

Business Environment

The business circle resonates with two major issues in the modern world, i.e. leadership and globalization.

The modern business world is continuously reshaped by globalization. It is a curious coincidence that a lot of business opportunities are emerging while the number of emerging talent that can make meaningful use of such talent is decreasing. In this scenario, therefore, it is only those who can act on the developments by recognizing the need for talent and take the front row in developing new useful talent today that are certainly tomorrow's winners. Effective and successful leaders in business make sure that their firms are flexible and adaptive. They also maintain a network and minimize the hierarchy ghosts. They generally seek better service delivery. Leaders should prioritize such matters as tapping talent, authenticity, business evolution and revolution and sustainability. Successful leadership clearly outlines quotients, gives its teams direction and what it…

Works Cited

Ashan, Jitu. IMPORTANCE OF ISO & WRAP IN APPAREL INDUSTRY. 18 September 2013. Web. 11 May 2016.

Chand, Smriti. 7 Most Influential Factors Affecting Foreign Trade. 2015. Web. 11 May 2016

Gittell, Ross, Magnusson, Matt and Merenda, Michael. "Government, Public Policy, and Sustainable Business." Ross Gittell, Matt Magnusson and Michael Merenda. Sustainable Business Cases. Flat World Knowledge, 2013. 99-140.

PricewaterhouseCoopers. "How leadership must change to meet the future." 2008 March. PricewaterhouseCoopers. Web. 12 May 2016.

Sainsbury's Business Environment

Mission, vision, objectives, goals and core competence

Sainsbury's chain of supermarkets is the leading store of food retailing in Britain. A single store offers approximately thirty-two thousand varieties of products among them fresh produce and own brand comprising of fifty percent total products. A variety of grocery products and quality foods are sold by the chain of supermarkets. Additionally, they offer other services and products such as petrol stations, restaurants, coffee shops, pharmaceuticals, home ware, clothing, fish, meat, and bakery. The company emphasizes on the mission of "ensuring Sainsbury regains its greatness" (Comim & Qizilbash, 2008). Following this mission, the firm has established the following goals:

Delivering a regularly improving the experience of quality shopping to clients at fair prices for great products

Exceeding customer expectations for tasty, fresh, safe and healthy food to help ensure customers' lives are easier every day

The core values of Sainsbury…

References

Browne, D.J. (2011). Heinemann business studies for AS level. Oxford: Heinemann.

Comim, F. & Qizilbash, M., (2008). The capability approach: Concepts, measures and applications. Cambridge [etc.: Cambridge University Press.

Dransfield, R. (2010). Applied business: AS level for OCR. Oxford: Heinemann.

Dransfield, R., & Needham, D. (2005). Applied business: AS level for OCR. Oxford: Heinemann.

Wal Mart's Business Environment

When most people think of Wal Mart, they will often associate it with the various stores around the globe. This has helped the company to establish a major presence inside the retail marketplace. However, the challenges with the economy and competitive pressures have been impacting the business environment of the firm. To fully understand what is taking place there will be a focus on: the company's financial information, what was learned, how this can be used by management, the firm's financial health, the effects of globalization, examining benchmarks, the best practices, operational and products analysis. Together, these different elements will highlight the strengths and weaknesses of the firm. ("2012 Annual eport," 2012)

eview Wal Mart's income statement, balance sheet, and cash flow to determine the financial health of the company.

Wal Mart is in a strong financial position in contrast with their top competitors. The company…

References

2011 Annual Report. (2011). Target. Retrieved from: https://corporate.target.com/annual-reports/2011/images/company/annual_report_2011/documents/Target_2011_Annual_Report.pdf

2012 Annual Report. (2012). Wal Mart. Retrieved from:  http://www.walmartstores.com/sites/annual-report/2012/WalMart_Financials.pdf 

Annual Report 2011. (2011). Costco.

Wal Mart Black Friday. (2012). Examiner. Retrieved from:  http://www.examiner.com/article/walmart-black-friday-2012-sales-ad-reveals-early-thanksgiving-opening-time

Global Business Environment

AT&T Inc. Code of Ethical Conduct and the Telecommunications Industry

Over centuries, one of the most challenging circumstances for pronounced businesses has been on the "management of global organizations." Many companies have recognized these challenges and relate them to the creation of long-term sustainability developments. Companies also relate the challenges to market growths, technological advancements, resource utilization, as well as human rights and resource management. Their basic assumptions and experiences have centered on the increment of their competitiveness and attractiveness, through integration of sustainability efforts in order to construct a firm base for best financial outcomes. Several researches conducted by economic analysts reveal that such challenges are majorly triggered by unethical business practices, taut competition among businesses, and failure in embracement of technological advancements. This paper closely analyses the AT&T's code of ethical conduct as one of the strategies put forth to help deal with the existing…

References

Jefferson, D. (2011). The U.S. Securities and Exchange Commission: L-3 Commissions

holdings Inc. American Economic Technologies, 21(3), 43-54.

Leyden, J.L. (2009). The Verizon Communications Inc.: Brief profile and code of conduct.

International Business Journal, 23(9), 105-117.

company Federal Mogul business environments (domestic & international) business theories applied environments. Make environments included. Include a summary environment. Then analyze environment collectively incorporating business theories

Federal Mogul Company

The company's activity is influenced by the internal and external environments. The external environment is represented by the economic, social, technological, political, legal, and environmental factors, customers, employees, managers, suppliers, owners, the government, the community, and others. The internal environment is represented by financial, technical, and human resources.

The External Environment

The Economic Environment

Federal Mogul's activity is significantly influenced by the economic situation on the domestic and international markets. The importance of this environment is reflected in the opportunities and constraints it determines (Business Dictionary, 2011). The economic environment is characterized by the structure of economic activity, the level of development, unemployment rate, and others. These factors are directly or indirectly reflected in the market situation. They determine the volume…

Reference list:

1. Kew, J. & Stredwick, J. (2005). Business Environment: Managing in a Strategic Context. Chartered Institute of Personnel and Development. Retrieved August 28, 2011 from  http://books.google.ro/books?id=RjS5XTQPnCEC&printsec=frontcover&dq=business+environments&hl=ro#v=onepage&q=business%20environments&f=false .

2. External Environment (2011). Business Dictionary. Retrieved August 28, 2011 from  http://www.businessdictionary.com/definition/external-environment.html .

3. Goldman, G. (2006). Strategy: Sustaining Competitive Advantage in a Globalized Context. Retrieved August 28, 2011 from  http://books.google.ro/books?id=gTqx36CzB88C&pg=PA46&dq=business+internal+environment&hl=ro#v=onepage&q=business%20internal%20environment&f=false .

internal and external business environment of two fast food giants, McDonald's and KFC. The major sections of the paper include introduction to the companies; the competitive analysis of the fast food industry using five forces model; the Balanced Scorecard and SWOT analysis of the companies; and a set of recommendations in the light of these analyses.

The purpose of this paper is to present an analysis of the Global fast food industry using Michael Porter's Five Forces Model and then evaluate the past, current, and projected performance of two companies from the industry using Balanced Scorecard approach. The paper also presents SWOT analysis of the companies and recommends strategies which can help them in moving forward in the industry in a more competitive and profitable way. The companies selected for this research paper are McDonald's and KFC which are the top market leaders in the Global fast food industry. McDonald's…

References

About McDonald's, (2011). Sustainability Scorecard. Retrieved on March 27th, 2013, from

Birn, R. (2004). Effective Use of Market Research: How to Drive and Focus Better Business Decisions, 4th Edition. London: Kogan Page

Blythe, J., & Megicks, P. (2010). Marketing Planning: Strategy, Environment and Context, 3rd Edition. U.K: Prentice Hall

Ellwood, I. (2002). The essential brand book: over 100 techniques to increase brand value. 2nd Edition. London: Kogan Page

International Business Environment

My Firm's Acquisition You write a (4-8) page report answers: • As a CEO, acquire a foreign firm. The size firm double, largest industry. What firm foreign firm acquire ? Where firms based? •You enthusiastic opportunity a leading captain industry power, prestige, income.

Greys Technological Company Acquisition

Grey Technological Company (GTC) is a corporation with interests in Information Technology and Telecommunications (IT&T) and Business Process Outsourcing (BPO) located in the United States. It is one of the leading technological firms, which manufactures and exports IT&T products. For over 15 years, we have been selling these products, in the central and northwest regions of the United States. During the initial seven years of our business, we have succeeded in expanding globally in Argentina, Mexico and Chile.

The target company is a foreign IT firm that located in India that has interests in Online Computer Games (OCG). They are…

References

Javidan, M. (2006). Mergers and acquisitions: creating integrative knowledge. New York:

Wiley-Blackwell.

Mendenhall, M.E. (2005). Mergers and acquisitions: managing culture and human resources.

London:Stanford University Press.

There has been little in the way of fiscal policy, and the result has been entirely predictable. ith no particular influx of spending into the economy, the recovery has generally been quite weak. ith no fiscal policy tools on the horizon, it is therefore unlikely that any improvement to the recovery will take place.

International business is also an option for a company to improve its situation. If a company wants to sell, for example, running shoes, it has a number of options for this. The company could make the shoes in one country and sell them around the world. The company could also make the shoes in a number of different countries for local sale. It is recommended that the country should take advantage of economies of scale and produce in one country. Then, the company should sell the shoes all over the world. It can use local help…

Works Cited:

World Economic Forum (2013). Global agenda council on the role of business. World Economic Forum. Retrieved May 5, 2013 from  http://www.weforum.org/content/global-agenda-council-role-business-2012-2013 

Friedman, M. (1970). The social responsibility of business is to increase its profits. New York Times Magazine Retrieved May 5, 2013 from  http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html 

Labonte, M. (2013). Federal Reserve: Unconventional monetary policy options. Congressional Research Service. Retrieved May 5, 2013 from  http://www.fas.org/sgp/crs/misc/R42962.pdf

UK National Environment

In UK, the allocation of resources is purely based on the forces of demand and supply. This form of economy is a free economy in which competition is embraced and firms have to become efficient to increase their level of competitiveness. The government only intervene to provide the necessary infrastructure and to ensure that consumers are not exploited by the businesses. Besides, the government will formulate policies that ensure fair competition and collect revenues for the country development agenda. With these, businesses must ensure that they operate within the law and abide by the regulations that are set by the state. Barr Company can therefore conduct business in a competitive industry without government interference on what form of business to do or the amount of prices to charge on their products. The management has large latitude of choice to make on how to produce, what to produce,…

References

2003. Soft drinks in the UK, London, Euromonitor.

A.G., B.P.L.C. 2012. a.G, Barr plc financial results 2012 [Online]. Available:  http://www.agbarr.co.uk/agbarr/newsite/ces_docstore.nsf/wpg/1B9A74B86C552270802579CD00485134/$file/Final%20results%20announcement%20January%202012.pdf .

AGRAA, a. 2007. The European Union: economics and policies (8th ed.), Cambridge, Cambridge University Press.

BOTHA, a. & KOURIE, D. 2008. Coping with continuous change in the business environment:knowledge management and knowledge management technology, Oxford, Chandos Pub.

Business Environment

Interaction of the Business Environment

The environment of a company is much like the natural world in that there are many layers to any single organization (Marques, 2007). Political forces are present because there are factions and beliefs within a company which cause different politics to be formed. The economics of running an organization are a different facet of the environment which many consider the most important part of the business (after all the business of business is to make money), but it is actually a piece of the larger while which is neither more important or less than any other. Very business also has a social component. All of the different relationships that occur in the wider world can be found in any large organization. Another part of the environmental whole that affects every other part has to do with the technical functioning of the business. Technology…

References

Laumer, S., Eckhardt, A., & Weitzel, T. (2010). Electrojnic human resources management in an e-business environment. Journal of Electronic Commerce Management, 11(4), 240-251.

Loewe, M., Blume, J., & Speer, J. (2008). How favoritism affects the business environment: Empirical evidence from Jordan. The Middle East Journal, 62(2), 259-272.

Marques, J. (2007). The influence of the global business environment in realizing the millennium development goals. Journal of Global Business Issues, 1(1), 17-25.

Ruff, F. (2006). Corporation foresight: Integrating the future business environment into innovation and strategy. Research Technology Management, 278-295.

Business environment is mainly characterized by various human economic activities including the production, sale, and purchase of goods and services that are carried out with the main objective of earning profits. Generally, the business environment can be described as a set of conditions that facilitate and promote the human economic activities. This environment is basically comprised of the internal business environment and the external business environment. The internal business environment includes the factors that are within the control of business while the external business environment refers to factors that are beyond the control of the business enterprise. One of the most common aspects of the business environment and human economic activities is the economy, which is generally influenced by various factors.

ole of Business in the Economy:

Business is defined as the management and coordination of individuals and resources in order to achieve specific production objectives, with the main goal…

References:

Bernanke, B. (2011, February 9). The Economic Outlook and Monetary and Fiscal Policy.

Retrieved November 3, 2012, from  http://www.realclearpolitics.com/articles/2011/02/09/the_economic_outlook_and_monetary_and_fiscal_policy_108845.html 

"Introduction to the Economy, Fiscal and Monetary Policy." (n.d.). Investorguide.com. Retrieved November 3, 2012, from  http://www.investorguide.com/igu-article-284-basic-economic-concepts-introduction-to-the-economy-fiscal-and-monetary-policy.html 

"McDonald's Issues First Worldwide Social Responsibility Report." (n.d.). CSR Press Release.

If the economy has not grown, it is certainly not the result of poor monetary policy response, given that the Fed's policies under normal conditions would have resulted in significant economic growth. Fiscal policy, therefore, has clearly been inadequate. Indeed, little of his has been attempted in recent years and the current path of "sequestration" is contractionary.

Global Markets

The product that I have selected is headphones. The global market for headphones can be difficult to reach, since the retailers are going to be different for each country. Thus, the strategy for going global has to involve going to one country at a time. Exporting is the best method of market entry in this situation, because the company does not need to set up a subsidiary in any country until the country has proven receptive to our headphones. e are simply selling to importers, who handle the rest of the…

Works Cited:

Friedman, M. (1970). The social responsibility of business is to increase its profits. New York Times Magazine. Retrieved May 5, 2013 from  http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html 

Clark, M. & Saade, R. (2010). The role of small business in economic development of the United States. Working Paper. Retrieved May 5, 2013 from  http://www.sba.gov/advocacy/7540/12143 

Weisbrod, B. (1988). The nonprofit economy. Harvard University Press. Cambridge, MA.

Riley, G. (2012). Fiscal policy effects. Tutor2U.net. Retrieved May 5, 2013 from  http://www.tutor2u.net/economics/revision-notes/a2-macro-fiscal-policy-effects.html

Business Environment in Taiwan

Taiwan is an island situated approximately 180 kilometers (Eastern Asia) away from southeastern coast of mainland China. Having a geographical area of 35,883 Km2, Taiwan is officially part of the Peoples epublic of China (PC) although there is much tension between Taiwan and China regarding statehood of Taiwan. The U.S. however does not acknowledge Taiwan as a separate state. Taiwan has a population of 23 million (consisting three main ethnic groups i.e. Taiwanese, Mainland Chinese, and indigenous people) and Taipei is the capital city of Taiwan. Of late, relations between Taipei and Beijing have been cordial. Taiwan follows a civil law system and has a multiparty democracy as governance system (Department of Investment Services, 2013). Being a thriving economy based on hi-tech industrial base and trade relations with most of the developed world, the country is deemed an important destination by multinational corporations (MNCs) for the…

References

Chow, G., & Lin, A.L. (2002). Accounting for economic growth in Taiwan and Mainland China: a comparative analysis. Journal of Comparative Economics,30(3), 507-530.

Council for Economic Planning and Development & MOTC. (2013). Taiwan lowers Threshold for establishment of international airlines. CEPD. Retrieved from: http://www.cepd.gov.tw/encontent/m1.aspx?sNo=0019595

Council for Economic Planning and Development. (2013). Removal of items from negative list increase choices for foreign investors. CEPD. Retrieved from: http://www.cepd.gov.tw/encontent/m1.aspx?sNo=0019594

Department of Investment Services. (2013). Invest in Taiwan: Stable Politics, Emphasis on Democracy, Laws, and Freedom. Ministry of Economic Affairs Taiwan. Retrieved from:  http://investtaiwan.org/matter/show_eng.jsp?ID=412

Business Environment

The role of business in the economy

Sustainability of a business and prosperity to an economy go hand in hand. In order to attain profitability, businesses have a number of roles to play. Businesses provide society with products that are necessary to the society and otherwise unavailable Henderson & Affairs, 2004.

Business assist in providing jobs to the local population, mobilization of resources and increase a tax pool for the government with which provision of social services is made possible.

Businesses are a source of wealth creation to a nation through resource utilization. Production undertaken will build a source for export to other countries Henderson & Affairs, 2004.

Businesses assist in technological advancements and increase an economy's technology base.

Comparison and contrasts between the role of for-profit and nonprofit organization in the economy

Profit organizations are identified to by their key objective of profit maximization. Nonprofit organizations are…

Reference

Garvin, D.A. (2000). Building A Learning Organization, Transitional Management: . Brazil: McGraw-Hill Higher Education.

Henderson, D., & Affairs, I. o. E. (2004). The role of business in the modern world: progress, pressures and prospects for the market economy: Institute of Economic Affairs.

Business Environment

ole of Business

In order to comprehend the role of business, it is necessary to understand the meaning of business and its importance to society. Businesses are established to produce and sell goods and services to the customers. This, in result, also creates employment opportunities for candidates, customers, suppliers, and other vendors. Businesses extend their role by continuously producing new goods and services by investing in new technologies and developing workforce. This whole process must follow a path that can make the business profitable. The goods and services produced must be created while keeping the customer's needs in mind. Moreover, businesses justify their role by defining its corporate social responsibility (CS) policy. Corporate social responsibility is a voluntary responsibility beyond the requirements of national legislation. This comprises of issues such as environmental security, human rights and civic freedom. Basically businesses are divided into two main categories. One category…

References

A Guide to Corporate Social Responsibility (CSR). (2012, November 11).

 http://www.investopedia.com . (2012, November 6). Retrieved from

business environment cause changes in supply and demand? Cite and explain at least two examples from the simulation.

Changes in the business environment increase or decrease supply and demand under different circumstances and assumptions. If the change in the business environment aims at reducing the cost of the product or service under demand and supply study, it has the influence of increasing the quantity demanded (Mungui-Pupazan, 2009). This entails that the quantity of commodities consumer is willing and able to pay for increases with a decrease in the cost of the products or services available at their disposal. Quantity demanded would exert much pressure on the few commodities if a producer is willing and able to supply in order to much the needs of the market. This forces the price to increase in order to reduce the shortage in the market. From the simulation, GoodLife reduces the rental rates in…

References

An Empirical Estimation of the Factors Affecting Demand and Supply of Poultry Meat. (2010). Pakistan Veterinary Journal, 30(3), 172-174.

Baumol, W.J., & Blinder, A.S. (2012). Economics: Principles and policy. Mason, OH: South- Western Cengage Learning.

Black, J., Hashimzade, N., & Myles, G.D. (2009). A dictionary of economics. Oxford: Oxford University Press.

Gans, J. (2011). Principles of economics. South Melbourne, Vic: Cengage Learning.

Business Environment

Describe the role of business in the economy, including the factors of production and the key dimensions of the business environment.

Business is the engine that drives the economy, providing jobs, purchasing raw materials from producers, and providing the products and services that all consumers use, improving the value of life for everyone in the environment. The income of the economy is distributed through the factors of production. The three main factors of production are labor, land, and capital (Mankiw, 2012, p.393). Companies employ many people, providing jobs and money for the economy through labor. Companies will continue to demand more labor until the cost begins to outweigh the value of this production factor. This is an important factor because these employees are also consumers who pump most of the money they receive right back into the economy in one way or another. Companies need available land, both…

References

Mankiw, N.G. (2012). Principles of Economics (6th ed.). Mason, OH: South-Western

Cengage Learning.

Kelly, M. & McGowen, J. (2011). BUSN3. Mason, OH: South-Western Cengage Learning.

Epstein, M.J. & McFarlan, F.W. (2011). Nonprofit vs. for-profit boards: Critical differences.

Social Media in the Business Environment

In the past few years, there has been a tremendous and dramatic increase in the use of social networking sites and social media such as Facebook and Twitter. This is particularly because of the low-cost, user-oriented, and highly collaborative means of communication that continues to evolve through its own impetus. Consequently, social networking sites or social media are based on certain principles that the corporate or business environment can learn from. There is an assumption that the widespread adoption of social media in people's personal lives can be moved to the professional environment where they can be used to develop unprecedented knowledge bases in which people, industries, and the society can be empowered. However, many businesses still consider social media and social networking sites tools as frivolous to an extent that they have prohibited their use in the working environment. Actually, these companies still…

References:

Coleman, A (2012), How Social Media can Benefit Small Businesses, The Guardian, viewed 6

November 2012,

Ernst & Young (2012), Protecting and Strengthening your Brand, Ernst & Young, viewed 6

November 2012,

AT&T STANDARDS AND Business

Global business environment is an environment within different sovereign countries and exogenous factors to the home of an organization influence the process of making decisions when it comes to the use of resources and capabilities. These include political, social, economic, legal, cultural, tax, regulatory and technological environments.

Global business environment is an environment within different sovereign countries whereby factors that are exogenous to the home environment of a particular organization have an influence on the process of making decisions when it comes to the use of resources and capabilities. These include political, social, economic, legal, cultural, tax, regulatory and technological environments.

Challenges to global business environment

Unethical business practices,

Failure to embrace technology advancements.

Stiff competition among the businesses.

Unethical business practices exist due to the lack of established ethical code of conduct within an organization

There are serious challenges on the global business environment which…

Bookshop; Business Environment

Opening a new business is always a challenging prospect. Many factors can influence the success or failure of a new business. Access to capital is an example of a significant influencing factor. There are also environmental factors that must be taken into account. The immediate competition in the environment, for example, can influence factors such as pricing and product differentiation. When starting a new bookshop in a shopping mall, for example, the strategies used will depend upon issues such as other businesses of the same type in the mall, and the pricing strategies that they use to sell their products.

According to ichards (2010), the first factor to take into consideration when starting a new business is access to capital. This is then also the primary consideration when opening a bookshop. Capital is, for example, required to purchase the books to be sold in the shop as…

References

Business Resource Software, Inc. (2010). Marketing Plan. Retrieved from: http://www.businessplans.org/market.html

Europa (2010). Business environment. Retrieved from  http://europa.eu/legislation_summaries/enterprise/business_environment/index_en.htm 

Hitchin, J. (1998). Planning the Opening and Running of a Bookshop. Retrieved from http://www.osi.hu/cpd/resources/jsailor/

Learn Marketing. (2010). Micro Environmental Factors. Retrieved from  http://www.learnmarketing.net/microenvironment.htm

U.S. Business Environment in the Next Decade and Implications for Business and Households.

Over the last decade, the U.S. economy has been undergoing tremendous challenges. This is because the lingering recession and slow recovery have left the unemployment rate high. Evidence of this can be seen in figures from the Bureau of Labor statistics between 2008 and 2012 (which is illustrated in the below table).

US Unemployment ate from 2008 to 2012

Amount

("Labor Force Statistics," 2012)

These numbers are showing how the economy has continued to struggle despite tremendous efforts from the federal government to stimulate growth. This is because the recession was much deeper than expected and the recovery has been stagnant. ("Labor Force Statistics," 2012)

At the same time, the world economy is continually shifting with many developing nations playing a larger role (i.e. Brazil, ussia, India and China). Commenting about these transformations Beattie (2010) observed, "The…

References

State and Local Governments. (2012). GAO. Retrieved from:  http://www.gao.gov/new.items/d08317.pdf 

Labor Force Statistics. (2012). BLS. Retrieved from:  http://data.bls.gov/timeseries/LNS14 

Overview. (2012). GAO. Retrieved from:  http://www.gao.gov/special.pubs/longterm/ 

Ahern, R. (2011). Rising Economic Powers and the Global Economy. Congressional Research Service.

Apple Computer Analysis

The business environment that is affected by the process of globalization determines companies to develop complex strategies. These strategies are intended to help companies improve their position on the market and increase their number of customers. Apple is one of the most successful companies on international level. However, this does not make it easier for the company to address the environmental factors in this business industry. Apple must make investments in reaching the high quality standards that the company established in this industry.

Therefore, it is important that Apple identifies the success factors that can help the company reach its objectives. In addition to this, the strategy must be flexible in order to be able to adapt to different environmental factors that influence its activity. This strategy must be developed in accordance with the company's objectives, but also with different market requirements.

Impact of the Company's Mission,…

Reference list:

1. Apple Corporate Information (2012). Apple. Retrieved September 5, 2012 from  http://investor.apple.com/faq.cfm?FaqSetID=6 .

2. Hill, C. & Jones, G. (2009). Strategic Management: An Integrated Approach. Cengage Learning. Retrieved September 6, 2012 from  http://books.google.ro/books?id=CzIK9ELsyYwC&pg=PA42&lpg=PA42&dq=porter+five+forces&source=bl&ots=AVj6VuaOr_&sig=rPlDgIpFVpyfsSvBLCAYI-0hflM&hl=ro&sa=X&ei=tW9IULqmDYvGtAaK5oHgBA&ved=0CEcQ6AEwBA#v=onepage&q=porter%20five%20forces&f=false .

3. Furrer, O. (2010). Corporate level Strategy: Theory and Applications. Retrieved September 6, 2012 from  http://books.google.ro/books?id=8qOSwmi1oy8C&printsec=frontcover&dq=strategy+levels&source=bl&ots=PiydsWiaQB&sig=l0muTzde8KNXN0Lex2v1B3QgQzM&hl=ro&sa=X&ei=gHBIUN0xjcKzBsf8gegJ&ved=0CFAQ6AEwBQ#v=onepage&q=strategy%20levels&f=false .

4. John, K. & Makhija, A. (2011). International Corporate Governance. Retrieved September 6, 2012 from  http://books.google.ro/books?id=Aurg2WTWCN0C&printsec=frontcover&dq=corporate+governance+mechanisms&source=bl&ots=dVn3zg62go&sig=86pE6ET2SXLeWOWnHwBua4ceT8Y&hl=ro&sa=X&ei=EHFIUPmqB8XatAb10YHYDQ&ved=0CFgQ6AEwBw#v=onepage&q=corporate%20governance%20mechanisms&f=false .

That can get them into a lot of trouble.

In short, uncertainty is always going to be there in the business world. Nothing is one hundred percent certain when a person is owning and operating a business. During a time when economic uncertainty is higher than normal, there is even more uncertainty that has to be addressed. Overall, though, most uncertainty falls into levels one and two. By the time it has gotten to level three the economy and industry are both struggling and it may be better not to make any exotic or unexpected changes during that time. In level four, there is no need to start creating strategy. It is simply too dangerous to consider, because it offers too large of a range of choices to be seen. When it is completely impossible to address or even determine ever reasonable option or outcome that could occur, it is…

Shedd, P. orehead, J. & Pagnattaro, . 2008). The Court however, in absence of any special relationship between Burger King and Iannelli does use the Walls case to highlight "particular circumstances which can give rise to such duty" (Reed, O. Shedd, P. orehead, J. & Pagnattaro, . 2008).

In deciding the case in favor of the plaintiffs, the court indicates that it was the duty of the Burger King establishment to recognize that the precipitant to the attack on Iannelli was the "teenagers' obnoxious, open, and notorious behavior in the restaurant" (Reed, O. Shedd, P. orehead, J. & Pagnattaro, . 2008). This behavior "could reasonably have been anticipated to escalate into acts that would expose patrons to an unreasonable risk of injury" (Reed, O. Shedd, P. orehead, J. & Pagnattaro, . 2008). The court recognizes that "particular circumstances" warrant the defendant to take affirmative action to reduce the risk of…

Morehead, J. & Pagnattaro, M. 2008). These circumstances include when the opportunity for criminal misconduct is brought about by the actions or inactions of the owner or where the overriding foreseeability of such criminal activity exists. (Reed, O. Shedd, P. Morehead, J. & Pagnattaro, M. 2008)

For the defendant the duty to protect their customers followed from the actions of the youths which 'created and unreasonable risk of injury which was foreseeable to the defendant" (Reed, O. Shedd, P. Morehead, J. & Pagnattaro, M. 2008).

What does the Court suggest that the restaurant manager should have done in this case that would have satisfied the

External and Internal Environments for Amazon

External and Internal Environments

Two segments of the general environment

Everything being equal, it is the primary objective of any company or business to gain a bigger market share, grow, affect its bottom line, and be successful. In order for the business to accomplish its goals, the business should deal with all its stakeholders who include suppliers, employees, shareholders, customers, competitors, and society. A business will encounter stiff competition in all its market be it locally or internationally for it to achieve its objectives and goals. For a business to gain competitive advantages over its rivals within the industry, it must be able to understand the present and predict future trends. The business should also take into consideration the internal and external environments of the business industry, which will impact the business activities directly and indirectly. Jeff Bezos founded Amazon, which is the world's…

References

Chu, C.-P., Guo, W.-C., & Lai, F.-C. (2012). On the competition between an online bookstore and a physical bookstore. NETNOMICS: Economic Research and Electronic Networking, 13(3), 141-154.

Hitt, M., Ireland, R.D., & Hoskisson, R. (2012). Strategic management cases: competitiveness and globalization. Stamford, CT: Cengage Learning.

Ritala, P., Golnam, A., & Wegmann, A. (2014). Coopetition-based business models: The case of Amazon. com. Industrial marketing management, 43(2), 236-249.

Rothaermel, F.T. (2013). Strategic Management: Concepts: McGraw-Hill Irwin.

global business environment and organizations are vying with each other to obtain a share in this global business market. Innovation and intellectual property protection have become crucial for business success under these increasingly competitive market environments. The fast paced business culture and the changes that Organizations encounter require good leadership skills from the business manager. Today's managers have to be proactive and anticipatory of these change requirements. They have to possess good risk management strategy to be better prepared for unforeseen market changes. A consistent effort at process improvement and a customer centric business focus has made Quality management an integral part of every business. Project management therefore involves 'communication management', 'risk management', 'quality management'. These business concepts, when applied to the classroom environment help the students imbibe these managerial skills and result in significant improvements in their academic performance, stimulate their creative thinking, and their decision-making ability. A brief…

Bibliography

1) Joshua S. Gans & Scott Stern, (2002) 'Managing Ideas: Commercialization Strategies for Biotechnology', Melbourne Business School.

2) HLC, "Great Leadership Quotes," retrieved Dec 4th 2010, from,  http://leadership.uoregon.edu/resources/quotes 

3) Tom Burns & Sandra Sinfield, (2004), "Teaching Learning and Study Skills A guide for Teachers: How to Promote Student Self-Confidence" Sage Publications, retrieved Dec 5th 2010, from,  http://www.sagepub.com/upm-data/9781_036609CHAP6.pdf 

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multicultural business environment, Geert Hofstede's cultural dimension provide an interesting framework by which to understand the management function. Hofstede proposed that there are five dimensions along which cultures differ -- power distance, uncertainty avoidance, individualism vs. collectivism, masculinity vs. femininity, and time horizon. Managers today must understand each of these dimensions, because they closely relate to how well the workers in the company are going to respond to management challenges.

Hofstede's Dimensions

Since their inception, Hofstede's dimensions have come under scrutiny by the academic community, even though people in business have found them particularly useful to put intercultural interactions into their appropriate context. Hofstede (2011) himself notes that the dimensions are aggregate, and should not be placed on any given individual, because while some individuals more readily fit the dimensions, every individual is different and it is risky to assume that there is going to always be a perfect fit.…

References

Hofstede, G. (2011). Dimensionalizing cultures: the Hofstede model in context. Psychology and Culture. Article 8, retrieved April 24, 2014 from  http://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1014 

Minkov, M. & Hofstede, G. (2011). The evolution of Hofstede's doctrine. Cross Cultural Management: An International Journal. Vol. 18 (1) 10-20.

Taras, V., Kirkman, B. & Steel, P. (2014). Examining the impact of culture's consequences. University of North Carolina

Jones, R., Lyu, J., Runyan, R., Fairhurst, A., Kim, Y., Jolly, L. (2014). Cross cultural consensus: Development of the universal leadership model. International Journal of Retail & Distribution Management. Vol. 42 (4)

d.).

Socio-Cultural Environment

Home to the world's tenth largest economy and second largest population, India defies swift generalization. It includes a vast range of developmental situations, cultures, languages, and climates. The country remains largely rural, with just 26% of its people living in cities. Yet in 1995 it had over 30 cities of one million or more residents, including three of the world's 20 largest cities -- Bombay, Calcutta, and Delhi -- according to United Nations estimates (The Anguish of India, 1997).

Currently Indian labor laws, regulations, and workforce standards are very outdated. India is plagued with corruption. India has been ranked 9th in a list of 75 countries where dishonest practices are common, which is indeed an uncertain distinction. The corruptions, delays, bureaucratic red tape, and archaic labor laws are ingrained in India's business culture. These pitfalls have deterred foreign investors from investing in India (Stokes, 2003).

From the…

References

"Background Note: India," 2010, viewed 23 August 2010,

Chennai, Matrade, 2005, "Product Market Study: Consumer Behavior in India," viewed 23 August 2010,

Das Gupta, Aruna, 2007, "Social responsibility in India towards global compact approach." International Journal of Social Economic, 34(9), 637-663.

"Doing Business in India.," n.d., viewed 24 August 2010,

"Opening up the financial system to foreign capital flows can lead, and has led, to disastrous financial crises, which have resulted in great pain, suffering and even violence" (Mishkin, 2006, p.9).

Directly linked to the previous disadvantage and the basic definition of globalization, is the fact that the interdependence of sectors and institutions increases in a global market. In this instance then, a financial crisis within one country or within one institution is likely to generate negative effects upon its partners. The most relevant example of chain reaction to a financial crisis is the current situation, in which the global community is threatened with economic collapse due to the financial difficulties of the United States. The situation is similar in terms of politics or the social environment.

Globalization has often been assimilated with Americanization, meaning by this the desire of the American corporations to transcend boundaries and get access to…

References

Ervin, J., Smith, Z.A., 2008, Globalization: A Reference Handbook, ABC-CLIO

Geddes, P., 2004, the Benefits of Globalization, Foundation for Research on Economics and the Environment, http://www.free-eco.org/articleDisplay.php?id=378last accessed on January 19, 2009

Holm, H.H., Globalization and What the Governments make of it, European Institute Firenze, Retrieved at  http://www.djh.dk/pdf/forskning/global.pdfon  January 20, 2009

Kolodko, G.W., 2003, Emerging Market Economies: Globalization and Development, Ashgate Publishing

Organization Behavior

NIKE Marketing Analysis

Business environment consists of numerous factors and forces that impact the business organizations' ability to operate competitively and profitably in their industry. These forces exist at both micro and macro levels and require the business organizations to show quick response to the uncertainties and complexities which may arise in the business environment from time to time (Cadle, Paul, & Yeates 2010). These forces impact each and every aspect of the business operations like marketing decisions, segmentation, targeting, and positioning strategies, consumers' buying behavior, marketing or promotional activities, and others (Lamb, Hair, & McDaniel 2012). This paper presents a report on the marketing analysis of Nike, Inc. -- a well-recognized brand in the clothing, sportswear, and footwear manufacturing industry of the world. The major sections include; impacts of micro and macro environments on Nike's marketing decisions, the segmentation criteria which it uses in different markets, the…

REFERENCES

Cadle, J., Paul, D., & Yeates, D. 2010, Business Analysis, 2nd Edition. Swindon: British Informatics Society

Kurtz, D.L., MacKenzie, H.F., & Snow, K. 2010, Contemporary Marketing, 2nd Edition. Toronto: Nelson Education

Lamb, C., Hair, J., & McDaniel, C. 2012, Essentials of Marketing, 7th Edition. Ohio: South-Western Cengage Learning

Nike, Inc. 2012, About Nike, Inc. Available from [Accessed September 30th, 2012]

Additionally, its taxation advatantages may erode due to pressure from EU and implicitly its wages will increase as taxes increase. Competition from emerging countries, namely Eastern Europe will become stronger as Ireland allings its strong points to EU standards. Moreover, the country's inflationary problem persistance may strengthen EU pressure on the authorities to reduce it through its fiscal policy.

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Barry, F. And Bradley, J. 1997. FDI and Trade: The Irish Host-Country Experience. The Economic Journal, vol. 107(445): pp. 1798-1811, http://www.res.org.uk/

Berry, . 2001. U.S. Foreign Direct Investment in Ireland: Making the Most of Other's People Money. Perspectives on Business and Economics, vol. 19.

Cassidy, Mark, 2002. The Irish Economy: ecent Experience and Prospects. in: Aronson, ., Munley, V., Thornton, . (Eds.). The Irish Economy in Transition: Successes, Problems and Prospects. Elsevier Science, Amsterdam: pp.…

Reference List

BBC news channel. 2004. Ireland is Named 'Best Country', published on Nov 17,  http://news.bbc.co.uk/1/hi/world/europe/4020523.stm .

Barry, F. And Bradley, J. 1997. FDI and Trade: The Irish Host-Country Experience. The Economic Journal, vol. 107(445): pp. 1798-1811,  http://www.res.org.uk/ 

Berry, R. 2001. U.S. Foreign Direct Investment in Ireland: Making the Most of Other's People Money. Perspectives on Business and Economics, vol. 19.

Cassidy, Mark, 2002. The Irish Economy: Recent Experience and Prospects. in: Aronson, R., Munley, V., Thornton, R. (Eds.). The Irish Economy in Transition: Successes, Problems and Prospects. Elsevier Science, Amsterdam: pp. 5-30.

The successful firms have the war chest, and often this was acquired through strong long-term planning. Thus, successful firms have the ability to build upon that success during economic downturns, which sets them up to be in an even stronger position when the next downturn strikes.

orks Cited:

Becton, B., & Schraeder, M. (2009, January). Strategic Human Resources Management. Journal for Quality & Participation, 31(4), 11-18. Retrieved May 5, 2009, from Academic Search Premier database.

Birdi, K., Clegg, C., Patterson, M., Robinson, A., Stride, C., all, T., et al. (2008, September). THE IMPACT OF HUMAN RESOURCE AND OPERATIONAL Management PRACTICES ON COMPANY PRODUCTIVITY: A LONGITUDINAL STUDY. Personnel Psychology, 61(3), 467-501. Retrieved May 5, 2009, doi:10.1111/j.1744-6570.2008.00120.x

KEPES, S., DELERY, J., & GUPTA, N. (2008, August). STRATEGIC HUMAN RESOURCE Management: A SYSTEMS PERSPECTIVE. Academy of Management Proceedings, Retrieved May 5, 2009, from Business Source Premier database.

D'Aurizio, P. (2008, November). Southwest Airlines:…

Works Cited:

Becton, B., & Schraeder, M. (2009, January). Strategic Human Resources Management. Journal for Quality & Participation, 31(4), 11-18. Retrieved May 5, 2009, from Academic Search Premier database.

Birdi, K., Clegg, C., Patterson, M., Robinson, A., Stride, C., Wall, T., et al. (2008, September). THE IMPACT OF HUMAN RESOURCE AND OPERATIONAL Management PRACTICES ON COMPANY PRODUCTIVITY: A LONGITUDINAL STUDY. Personnel Psychology, 61(3), 467-501. Retrieved May 5, 2009, doi:10.1111/j.1744-6570.2008.00120.x

KEPES, S., DELERY, J., & GUPTA, N. (2008, August). STRATEGIC HUMAN RESOURCE Management: A SYSTEMS PERSPECTIVE. Academy of Management Proceedings, Retrieved May 5, 2009, from Business Source Premier database.

D'Aurizio, P. (2008, November). Southwest Airlines: Lessons in Loyalty. Nursing Economic$, pp. 389,392. Retrieved May 5, 2009, from Academic Search Premier database.

Fixtures are considered part of personal property, but in cases where they become a part of real property and cannot be removed, they are considered part of real property. uilding on a plot of land is a fixture that is considered part of real property, similarly things that are fixed with the real property and can not be removed without damage can be considered part of real property. In case of sale of real property, it is appropriate to define the items of personal property that will be included with the real property and which will not be included.

The law does not recognize ownership achieved by deceitful means such as theft, fraud or force. Property may be acquired through:

Exchange: In exchange for money or other property

Possession: eing the first owner of previously un-owned property

Confusion: When ones property is mixed with someone else's property by mistake or…

Bibliography

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Reed, O.L., Shedd, P.J., Morehead, J.W., Robert N. And Corley, R.N., The Legal and Regulatory Environment of Business, ISBN: 0072881119, 2005, McGraw-Hill

Then, another, and probably the most obvious, application of operations management is that of achieving cost reductions. ichard Stylves offers the most conclusive example of Henry Ford, who sought to integrate assembly lines using the most cost effective commodities, including labor force. The aim of operations management is then that of reducing expenditure and increasing operational efficiency. Its applications are present at all organizational levels, from resource allocation to product distribution. Amazon.com has successfully integrated these principles by establishing its warehouses in adequately chosen locations which allow it to efficiently and automatically distribute its products to worldwide consumers.

Carter McNamara agrees with most of the previous findings, but his article is more of a generalist one, in which the author simply states that operations management has applications in "purchasing, control and coordinating function of management, product and service management, quality management, inventory management, logistics and transportation management, facilities management, configuration…

References:

Ebojo, M., March 2009, Skillful Communication, Supplement to Pharmaceutical Executive

Koch, C., 2009, Who's to Blame in the Relationship Between IT and Marketing? Better Management,  http://www.bettermanagement.com/library/library.aspx?l=15013  last accessed on April 23, 2009

McNamara, C., 2009, Operations Management, Management Help,  http://managementhelp.org/ops_mgnt/ops_mgnt.htm  last accessed on April 23, 2009

Stylves, R., 2008, FEMA, Katrina and Operations Research: Better Operations Management Would Have Helped FEMA in Preparedness and Response Work before Hurricane Katrina -- and Still Could Now, The Public Manager, Vol. 37

Some of the problems that this type of approach offered were:

Reliability issues -- many of these marketing directors had their own host perspective (local responsiveness) and the headquarter perspective (global integration), but none of the overarching overview that someone coordinating all the activities in other countries might have.

7. Research findings, Analysis and Evaluation

The results of the primary research are fully supported by the findings of the secondary research and backed by the general theory in the area of global marketing strategy. The marketing directors of both companies in all different regions (Asia, Latin America, Europe) have admitted to adapting their marketing strategies as much as possible to local specificities, but also recognized the important role that the headquarters and central marketing department played in the way they made their decisions, especially since the central departments were also coordinating the marketing budgets and were working towards creating economies…

Bibliography

1. Aswathappa, A. 2006. International Business. Tata McGraw Hill.

2. Kotler, P. 2006. Marketing Management. Academic Internet Publishers Incorporated.

3. Wasilewski, Nikolai. 2001. Transnational Marketing Strategies: Performance and Limitations. Global Competitiveness

4. Egan, J. 2007. Marketing Communications. Cengage Learning Business Press

Perau Victor

Technology in the Business Environment Exam

The central tenet of Carr's perspective is that contrary to popular belief, information technology is the latest in a series of broadly adopted technologies that have reshaped industry. Furthermore, though fast-adopting companies gained advantages initially, now IT is merely a commodity input as availability increases and cost plummets much like the use of the telephone and electric power. Carr advocates a defensive posture for IT management -- spend less and focus on vulnerabilities, not opportunities. Langer addresses the same issue, however he takes a more opportunistic and ambitious perspective on IT management advocating a philosophy of adaptive organization. He argues that much like IT is a dynamic field, its management must also be flexible and ready to change. To critique Carr's perspective that IT is a fixed commodity, IT is instead as per Langer a driving force in innovation which leads to…

Foreign business environment: Columbia

A. What events (political, economic, and technological) are the most important in recent years that might have impacted the business culture in Colombia?

Individuals who perceive Colombia as still being paralyzed by crime networks and drug cartels are skeptical and bewildered by the notion of a confederation of politicians, business leaders, and academicians visiting the nation. However, in reality, the situation in Colombia is far different from what it was a mere ten years ago.

Colombia’s infamous cruel and powerful drug cartels emerged during the latter part of the seventies era and developed in the subsequent two decades. Specifically, the Cali Cartel and Pablo Escobar’s Medellín Cartel were politically, socially and economically influential in the nation in this period. During the last two decades of the twentieth century, the world regarded the nation as being well on its way to becoming a failure as a state.…

Change Management Scenario

The contemporary business environment is rapidly evolving. Globalization has taken over the organization environment, and with this business is forced to undergo continuous and rapid change driven by increasing stakeholder expectations, new technological advances, and competition that is not only global, but viral (Bendell, 2005). This has resulted in a dramatically different business environment in which the modern business, in order to survive and prosper, is forced to evolve and regularly revise their internal and external business processes. Typically, aggressive and rapid change management systems germinate within the private sector -- only after trial and error, testing, and numerous permutations did they become standard within the public sector organization. This paradigm, however, changed in the late 1990s with a combination of rising client expectations to effectively address major socio-culture, economic, and demographic issues, and change in governmental oversight and minimal requirements pushed management in the public sector…

REFERENCES

Home Depot, Inc. (September 29, 2012). The New York Times. Retrieved from:

 http://topics.nytimes.com/top/news/business/companies/home_depot_inc/index.html 

Aluise, S. (January 19, 2012). Frank Blake Has Brought Home Depot Home. Investorplace.

Com. Retrieved from:  http://investorplace.com/2012/01/frank-blake-has-brought-home-depot-home/

Ultimately, it was this ethical approach to business that protected the companies themselves and ensured their long-term viability.

Individual Influences on Ethical Behavior:

Usually, the attitude and business values of an individual are subcomponents of the individual's approach to ethical values in general (Halbert & Ingulli, 2008). In that regard, individuals for whom honesty, integrity, and ethical principles are important in general tend to approach professional relationships and business the same way. Conversely, many others adhere to much lower standards in both personal and professional matters. However, within organizations, individuals must ordinarily adapt to the prevailing corporate ethical culture, at least with respect to business concerns (Halbert & Ingulli, 2008).

Organizational Influences on Ethical Employee Behavior:

Corporate ethical culture has the potential to elevate or lower the ethical behavior of the individual (Wadhwa, 2009). More importantly, the prevailing organizational ethical climate is difficult for individual employees to overcome, largely because…

References

Halbert, T., and Ingulli, E. (2008). Law & Ethics in the Business Environment.

Cincinnati: West Legal Studies.

Wadhwa, V. "Why Be an Ethical Company? They're Stronger and Last Longer" Business

Week; August 17, 2009. Retrieved August 17, 2009 from the BusinessWeek.com website at:

Quality Management

In the contemporary business environment, business control chart is very critical to enhance continuous business process and business improvement. The use of statistical process control charts (SPC) is very critical to enhance improvement and quality of products and service. Process control chart is a statistical tool that allows business to record data regarding the performances of business process on a regular basis. The data may be recorded hourly, weekly or on daily basis. The major objective for using SPC is to compare the present product performances with the past product performances and allow a business to prevent defective materials. Thus, SPC is powerful tool to enhance continuous business improvement. (Harrington, 2009).

Objective of this paper is to use the control chart process to determine the weekly sales process of Ford Motor Company.

X Bar and . Process Control Charts for Weekly Sales of Ford Motor

The charts are…

References

Florida Department of Health (2011). Basic Tools for Process Improvement Module 10. Control Chart. Florida. USA.

Harrington, H, J. (1991). Business Improvement Process: The Breakthrough Strategy for Total Quality Productivity, and Competitiveness. McGraw-Hill Professional. UK.

The article also addresses some of the trends that are likely to influence e-banking services. These trends are addressed on global level, in comparison with the articles discussed above that addressed these trends in accordance with different regions. Therefore, it is important to analyze these trends on global level, but also on a smaller scale, in order to observe how they could influence the e-banking services market. It is also important to take into consideration the needs expressed by customers. This is because these trends are influenced by customers' needs and by technological developments. The trends affecting e-banking services are influenced by several factors that vary in accordance with each bank and its strategy.

eference list:

1. Adapa, S. (2011). Global E-Banking Trends: Evolution, Challenges, and Opportunities. IGI Global. etrieved August 16, 2011.

2. Yang, J. et al. (2005). E-Banking in ural Area: ecent Trend and Development. Georgia College and…

Reference list:

1. Adapa, S. (2011). Global E-Banking Trends: Evolution, Challenges, and Opportunities. IGI Global. Retrieved August 16, 2011.

2. Yang, J. et al. (2005). E-Banking in Rural Area: Recent Trend and Development. Georgia College and State University. Retrieved August 16, 2011.

3. Vyver, H. (2011). Mobile and E-Banking, Managerial Trends. Retrieved August 16, 2011 from  http://ebanking.homestead.com/introduction.html .

4. Pardesi, J. (2007). Emerging Trends in Information Technology. Retrieved August 16, 2011 from  http://books.google.ro/books?id=RGOJihKKFRYC&pg=SA12-PA9&dq=ebanking+trends&hl=ro#v=onepage&q&f=false .

Social Media and the Modern Business Environment

The modern society has witnessed a phenomenon of ongoing and rapid growth in enhanced communication and interaction between people, especially through the Internet. Actually, the Internet has become the means for collaboration and resulted in the emergence of the social media concept and networking. The Internet has been characterized by the emergence of numerous social media networks that are increasingly used as the means of communication and collaboration between people in the modern society. As a result of the impact of social media in today's society, the new paradigm is influencing the modern business environment. Given its impact on modern communications, social media has largely businesses as companies are increasingly using social media accounts for business. However, these social media accounts have generated privacy and security concerns, which results in the need to secure them.

The Growth of Social Media

In today's society,…

References

Abuhashesh, M.Y. (2014, July). Integration of Social Media in Businesses. International Journal of Business and Social Science, 5(8), 202-209.

Delgado, R. (2014, November 10). The Biggest Security Concerns with Social Media You Need to Know About. Retrieved September 30, 2015, from  http://tech.co/biggest-security-concerns-social-media-need-know-2014-11 

Georgescu, M. & Popescul, D. (2015). Social Media -- The New Paradigm of Collaboration and Communication for Business Environment. Procedia Economics and Finance, 20, 277-282.

McIntyre, K. (2014). The Evolution of Social Media from 1969 to 2013: A Change in Competition and a Trend Toward Complementary, Niche Sites. The Journal of Social Media in Society, 3(2), 5-25.

Human Resources

As the global business environment continues to grow and flourish, the field of international human resources management is emerging as a vitally important area of study and competency. Managing the resources -- and hiring the best people -- that are available has become pivotal to success in the highly competitive world. Understanding the critical role that international human resource management (IHRM) dynamics can bring to an organization is the first step, and implementing that knowledge base is the second step. This paper reviews and critiques the literature on IHRM and presents the needs for changes in the field of IHRM.

IHRM -- Challenging Organizations to Grow in Global Sophistication

hat is the key to understanding the challenges that IHRM presents to organizations when they prepare to go international? In approaching this question, some of the terms and jargon need flushing out. "Expatriate" is a person that is working…

Works Cited

Agarwal, Ajay. (1993). Learning Organization. Retrieved May 26, 2011, from  http://www.hrfolks.com .

Lavigna, Robert J. (2004). Recruitment and Selection of Public Workers: An International

Compendium of Modern Trends and Practices. Public Personnel Management.

The Multinational Context. Chapter 1.

In addition, we might ask ourselves if the richer nations have or not a greater responsibility as far as the research and development in the area of sustainable energy are concerned. (Reid, environmentalleader.com)

elieving that there are such energy sources or consumption policies which would allow the planet's resources to be maintained for a longer period, while making sure that all the nations are provided with a comfortable living is rather naive. Under these circumstances, it has been argued that doing the moral thing means choosing the least terrible solution. The problem is that this implies a relativistic evaluation of the matter which impacts the manner in which the moral principles are conceived.

efore stepping into a debate regarding the character of the moral principles, we may state that we agree with the opinions which state that there is no such thing as objective moral principles."Ethics can be seen as…

Bibliography:

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Hartman Laura P. & Joe DesJardins. Business Ethics Decision Making for Personal integrity & Social Responsibility, Second Edition