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Resuming the aspects related to the external environment, the following problems were identified:
the increased health concerns and possible environmental damage caused by the increasing number of discarded mobile phones may temper, in the future, the demand for mobile phones; changes in the type of consumers implies further diversification; technological changes bring about additional challenges; increasing competition in the mobile phone market.
The recommendations are based on three pillars: e-business, quality services and diversification. The first is essential in the company's adaptation to the new requirements of the business world. The Internet allows for the fast propagation of information and a significant decrease in administrative costs. Additionally, the businesspersons are statistically more inclined to use the Internet for making purchases rather than go to the local mall. It would not be an understatement if one was to say that a retailer cannot compete without a website and a clear…
Augustine Medical Inc.; the Bair Hugger Case Study
Augustine Medical Inc., have developed the Bair Hugger patient warming system. Designed to be used in post operative situations prevent or treat post-operative hyperthermia, the product offers a number of advantages over the existing systems. However, introducing a new product into the medical markets can be a challenge, as there are constraints which may hinder market entry and the gaining of market share.
There are already a number of products on the market which are designed to perform the same task, preventing or treating post-operative hypothermia. Many of these are tried and tested, and trusted by the hospitals. Some of the cheaper options include use of blankets which are warmed by the staff to be placed on the patient, water circulating blankets, thermal drapes and the use of infrared heating lamps. As these are established they may be seen as…
Examples of Culture and Leadership Impacting on Business Outcomes
Culture and leadership cannot fail to have an impact on business and the way outcomes in business are achieved, which may support success or lead to difficulties. The case of Honda and the U.S. And Disney in France are two good examples.
Following the Second World War the Japanese economy has been devastated. The Japanese received aid from the Allies in order to rebuild their commercial base. A number of companies sought to enter the U.S. market, one of these was Honda. Honda leadership had adopted a very formalized approach to strategizing, developing a tactic for the firm to enter the U.S. market selling large motorcycles, competing with companies such as Harley-Davidson. However, the large motorcycles which were successful in Japan, were not well suited to the U.S. taste or roads (Thompson, 2008). The sales representatives which be sent…
Personal knowledge, skills, and abilities have been enhanced through the current session of learning, which has helped with the development of transferable skills. The modules have built in past knowledge and stretched learning to encompass new ideas and concepts that can be appreciated not only from a theoretical perspective but also from a practical perspective.
The work undertaken through the modules examining different elements of an organization increased understanding on the way in which the different elements of a business are interrelated. To examine a firm and assess its position, as well as potential future strategies, it is essential the firm is considered in a comprehensive manner, looking at the different aspects of a business and the way they may fit together, potentially creating more value where there is a good fit.
The modules have provided a solid foundation for strategic analysis of a business. The modules dealing with the…
Concepts of Reliability and Validity in Business Research
In business research, how evidence is obtained and how well the process can be duplicated to verify results are two important features that help scholars, professionals and stakeholders make progress in the field. Building on ideas and processes that can help business leaders, managers, owners, administrators and investors is part of what makes research so vital and important. However, not all research is equal—and sometimes research is conducted that is filled with bias or that has a faulty method because the study fails to control for other variables or does not observe what it intends to observe. Sometimes the study is so poorly explained that other researchers have no way to verify the reports. In such cases, these studies could cause more harm than good were their recommendations to be implemented in an organization or place of business. Research is meant…
Dikko, M. (2016). Establishing construct validity and reliability: Pilot testing of a qualitative interview for research in Takaful (Islamic insurance). The Qualitative Report, 21(3), 521-528.
Melnyk, B. M., Gallagher?Ford, L., Long, L. E., & Fineout?Overholt, E. (2014). The establishment of evidence?based practice competencies for practicing registered nurses and advanced practice nurses in real?world clinical settings: Proficiencies to improve healthcare quality, reliability, patient outcomes, and costs. Worldviews on Evidence?Based Nursing, 11(1), 5-15.
Nicholas, D., Watkinson, A., Jamali, H. R., Herman, E., Tenopir, C., Volentine, R., ... & Levine, K. (2015). Peer review: Still king in the digital age. Learned Publishing, 28(1), 15-21.
usiness Study Nucor Steel
Historical Performance Review vs. Goals
The performance of Nucor Steel has been one of volatility in their earnings and demand for their products. Part of the reason of for this, is because of the sharp contraction in demand for steel (due to the server implosion in economic activity). At the same time, the traditional volatility of industry would cause the company's earnings to become even more unpredictable. A good example of this can be seen by looking no further, than comparing revenues with the net income between 2006 and 2008. Where, revenues would climb from $14.7 billion in 2006 to $22.6 billion in 2008. While the net income, would become more unpredictable during the same period of time going from: $1.7 billion in 2006 to $1.4 billion 2007. At which point, they would begin to climb again, with 2008 net income coming in at $1.8 billion.…
Nucor Corporation. (2009). Scribd. Retrieved from: http://www.scribd.com/doc/21947260/Nucor-Report
Nucor Reports Quarterly Results for the First Nine Months of 2010. (2010). Nucor. Retrieved from: http://www.nucor.com/investor/news/releases/?rid=1485562
Nucor Steel. (2010). Yahoo Finance. Retrieved from: http://finance.yahoo.com/q/co?s=NUE+Competitors
Packard, John. (2010). Nucor Lowers Galvanized Coating Extras. Steel Market Update. Retrieved from: http://www.steelmarketupdate.com/pub/blog/posts/2010/5/28/nucor-lowers-galvanized-coating-extras/
Business etiquette can be extremely important; extremely where the etiquette is linked to the way in which first impressions are made (Martin & Chaney, 2012). This is particularly true when dealing with international communications, as customs and practices which are accepted as etiquette in a managers' home nation may not be shared. Examining a short etiquette breach from a senior manager when meeting with some Japanese businessmen.
Prior to attending the meeting, the manager, who we will call Jon, had received a short briefing from the HR department on expected etiquette; Jon had been informed that the Japanese business people will expect a formal business atmosphere, with Jon expected to wear a suit, and when meeting them to bow rather than shake hands unless a hand was offered, and always refer to his counterparts using their citations to show respect. These were all complied with, however, the meeting did not…
A lower price enables an airline to remain well above the competition.
Economies of scale and scope are vital to the performance of an organization no matter the industry the organization is involved in. An organization can only remain competitive if driven to achieve economies of scale (Bronson & Morgan, 1998). Tactics an organization may adopt to achieve economies of scale and scope will include optimal market coverage, increasing sizes, superior "internal growth" and raised capital (Bronson & Morgan, 1998). Another important consideration for organizations include efficiency. One might define efficiency as "the ratio of inputs to outputs" (Bronson & Morgan, 1998).
Efficiency of an organization may be measured in various ways including by observation through accounting (Bronson & Morgan, 1998). An organization particularly a franchised business location will continually measure efficiency to ensure they are minimizing costs and saving time to help facilitate economies of scale and scope.
Acumen Professional Intelligence Ltd. (2005). "Business Environment - British Airways." Acumen Enterprise, 31, October 2005:
British Airways, (2005). "Global Warming and Aviation." 31, Oct 2005:
Ironically, the single most important thing a university could do might be to suspend all forms of grading by the traditional test methods. Even without cheating, the focus on grades only encourages studying to perform on test instead of learning for the sake of learning. It might not be practical for large classes, but one-on-one oral exams between students and professors or TAs might be more difficult to cheat on and provide more accurate indications of what students have actually learned than traditional testing methods. If the university cannot suspend traditional grading and testing, the single most important thing might be to provide a mandatory ethics course to freshman in conjunction with employing a very strict one-strike policy for cheating.
8. Do you agree or disagree with Professor Couser, author of the "Dear Plagiarist" article? Why? What are two main points he is trying to communicate to students in this…
Business Organisations Environments Exist
Business Organizations Environments
Organisations have changed their normal horizon of working and they have transformed their general perspective to work. In the current era strategies have been transformed and effectiveness prevails in the international business arena. This paper would solely focus on the aspects of internal and external environments within the organisation and how these environments affect the general procedures of an organisation in the longer run. The evaluation of this paper is based on several questions and these questions are answered below in detail.
Internal pressures in an organisation and quite critical and complex. At times they can change the entire scenario of a worker and they have the tendency to either bring laurels for the company or they can also tarnish the career of an individual. That is the reason why all these aspects should be kept in mind when an individual is working…
Davis, P. & Desai, A., 2000. Mode Of International Entry: An Isomorphism Perspective.. Journal of International Business Studies, Volume 4, pp. 3-28.
Johnson, R. & Scholes, G., 2008. Exploring Corporate Strategy. 8th ed. London: Prentice Hall.
Judge, T. & Robbins, S., 2010. Organizational Behavior. 14th ed. London: Prentice Hall .
Kinicki, A. & Kreitner, R., 2009. Organizational Behavior. 9th ed. NewYork: McGraw-Hill/Irwin.
Relationship Marketing and Its Impact on Consumer Behavior
Research Questions & Sub-questions
Research Design & Methodology
Organization of Study
his report explores Customer Relationship management. In [articular the investigation seeks to understand the impact of relationship Marketing and Its Impact on Consumer Behavior. his issue has proven problematic for businesses because many do not have the ability to form effective relationships with customers. his deficiency costs companies customers and profits. he report sought to present effective ways to better customer relations at the business level. More specifically, the investigation saught to determine how businesses can determine what their customers really need and how will meeting these needs affect the customers' behavior? A review of the literature suggest the customers are effected by the attitudes of employees that they come into contact with. he attitude of a saleclerk can often have an impact on a customers decision to do…
These relationships can be with co-workers, with casual acquaintances, with spouses, and with many others. Even though they have these relationships very few of them are committed and close in nature (Clark, 1990). More of them are much more open and lacking a commitment that would really be needed to have a close personal relationship with someone (Clark, 1990). Because many of the relationships in their personal lives are not close and committed it is difficult to understand how businesses can actually expect these same individuals to hold close and committed relationships with a particular company (Clark, 1990). Some consumers have argued that the amount of requests that they receive for improving relationships between customers and businesses is so staggering that people find them meaningless (Clark, 1990).
Some people indicate that they receive as many as 10 mailings from various companies every single day and if they ever leave on vacation the accumulated amount of these offers is so great that they end up throwing them away instead of opening them and looking to see if there is something really worthwhile inside (Johnson, Johnson, & Maruyama, 1983). In other words, so many companies seem interested in marketing a relationship that their efforts become meaningless because they do not offer anything unique to the consumer (Johnson, Johnson, & Maruyama, 1983). Even those companies that do offer something that may be unique and valuable to a particular consumer often do not get any benefit from marketing to them. The benefit is never realized because there are so many other pieces of marketing given to these consumers that they do not take the time to read them and look for the value contained in all of the meaningless mail (Johnson, Johnson, & Maruyama, 1983).
Because so many companies flood individuals with advertisements regarding their relationships, some believe that it really makes no difference which company
Business eport on Dental Prima
The Firm's Specific Advantages for its Internal Environmental Assessment
Accessing Foreign Markets and their Buyers
Key Global Environmental Issues
Political, Economic, Social and Technological Environments
Key Challenges and Opportunities in Foreign Markets
Market Entry Modes
Structure and Control Mechanisms
Logistics & International Business Operations
Prima Dental is based in Gloucester in the United Kingdom and has a legacy of more than 150 years. It is among the oldest of dental companies in the UK (Primadental.com, 2016). The company produces a wide range of high-tech tools that are used for dental treatments the company has business all over the world. The company has been achieving double-digit sales growth in the last few years and considers itself a global leader in precision dental products. The core competencies of the company include its extensive research work that helps it to come up with new and innovative…
Amante Garcia, B. and Martinez Martinez, M. (2014). Internationalization: Changes and challenges chasing internationalization targeting. J. Technol. Sci. Educ., 4(1).
Bateman, I., Lovett, A. and Brainard, J. (2003). Applied environmental economics. Cambridge, UK: Cambridge University Press.
Cadle, J., Eva, M., Hindle, K., Paul, D., Rollason, C., Turner, P., Yeates, D. and Cadle, J. (2014).Business Analysis. Swindon: BCS Learning & Development Limited.
Chanakira, M. (2012). Factors Affecting the Choice of Market Entry Modes in the African Telephony Industry. International Journal of Applied Behavioral Economics, 1(2), pp.1-15.
Business cluster refers to the geographical concentration of closely related businesses, suppliers, and firms belonging in a given field. The primary objective of forming these clusters is to boost the productivity with which firms compete at both national and international levels. Clusters are also crucial in the strategic management processes. This article discusses the benefits of such clusters, the management at domestic and international scales, and the negative aspects of clustering (DeWitt, Giunipero & Melton, 2006).
Concentrated clusters promote the management of supply chains by developing strong relationships between the customer and supplier. Employing the concept of concentrated clusters enhances the benefits a company derives from its interaction by linking various companies and other business entities within the same industry. Operating in concentrated cluster enables firms to understand the precise needs of customers and vice versa. With this situation in place, businesses are able to establish permanent clientele who in…
Fischer, M. (2007). Determination of Critical Success Factors for the Development of Biotechnology Clusters. New York, NY: GRIN Verlag
Porter, M.E. (2000). Location, Clusters, and Company Strategy; Oxford Handbook of Economic
Geography. Oxford: Oxford University Press
DeWitt, T., Giunipero, L.C., & Melton, H.L., (2006). Clusters and supply chain management:
Additionally, businesses must anticipate seasonal shifts in demand when allocating and anticipating costs. A toy company cannot assume that the revenue it enjoys after a Christmas marketing a 'hot toy' will be sustained all year 'round.
In terms of taking a long-term view, a business should treat its employees in an ethical fashion. If employees are treated in a respectful manner, they are likely to perform better and show more loyalty to the organization. Additionally, if a company is found to be exploiting its employees, as was the case of Nike and the 'sweatshop'-type conditions of its offshore operations, this negative publicity can deter individuals from buying from the company. Employee costs in the long and short-term, in terms of compensating employees for overtime and giving them reasonable benefits, must also be included in the business plan. Also, the possibility of stock options, should the company incorporate, is another issue…
Business plan for starting out, 2010, Score Retrieved September 4, 2010 at www.score.org/.../Business%20Plan%20for%20Startup%20Business.doc
The value of a business plan. (2010). Striding Out. Retrieved September 4, 2010 at http://www.stridingout.co.uk/business-planning/the-value-of-a-business-plan.html
The office and administrative expenses would remain constant even to that point, as would the insurance expense.
Exhibit B: Cash Flow Statement, Year Two
At this point, the business is earning a healthy return and Mr. Ahn is receiving will be able to bring in a reasonable salary. The nature of the business may well change at this point. At the maximum revenue of $144,000 per year the pretax profit would be $63,600. As a result, it is likely that a clinic will be formed with other practitioners in order to minimize expenses and increase profitability.
e did not include taxes in our cash flow examples because the company is going to be set up as a sole proprietorship. This means that the income from the company will be rolled into the income for Mr. Ahn, as well as his liabilities. Mr. Ahn's personal expenses are therefore not included in…
No author (2007). Traditional Chinese Medicine. Alternative Medicine Foundation. Retrieved December 18, 2008 at http://www.amfoundation.org/tcm.htm
No author (2005). Regulation of TCM in the United States. Medscape Today. Retrieved December 18, 2008 at http://www.medscape.com/viewarticle/511877_7
No author (2008). HIV / AIDS, the U.S.-China Partnership for Public Health at Work, and Traditional Chinese Medicine in the U.S. Fact Sheet. U.S. Department of Health and Human Services. Retrieved December 18, 2008 at http://www.hhs.gov/news/facts/chinahiv.html
Census information from U.S. Census Bureau. Retrieved December 18, 2008 at http://factfinder.census.gov/home/saff/main.html?_lang=en
Summarize the actions that lead to the lawsuit.
The actions that lead to the lawsuit are from an Ace Hardware franchisee alleging that they were defrauded by the company. What happened is oy and Pattie Ewers are suing based on the fact that the company deceived them into buying a well-known hardware store in Northern Virginia (named Fisher Hardware). The basic idea is that the Ewers' would make an initial purchase. While Ace, set up the franchise and helped the facility to build upon the customer base that was established over 60 years. ("Ace Hardware Lawsuit," 2012)
However, after the Ewers' received a $1.8 million SBA loan is when they were facing numerous difficulties with a supply chain that was filled with bugs. To make matters worse sales were much lower than the financial figures that oy Ewers examined before purchasing the store. The combination of these factors…
Ace Hardware Lawsuit. (2012). WHLA. Retrieved from: http://www.wjla.com/articles/2012/08/ace-hardware-lawsuit-fischer-s-hardware-owners-claim-ace-ruined-business-78662.html#ixzz2EzL0SOQP
Barkoff, R. (2008). Fundamentals of Franchising. Chicago, IL: American Bar Association.
Barney, J. (2012). Purchasing, Supply Chain Management and Competitive Advantage. Journal of Supply Chain Management, 48 (2), 3 -- 6.
Cross, F. (2011). The Legal Environment of Business. Mason, OH: South Western.
Business & Society
In one paragraph, supported by evidence in your text and from other research, describe two forces that you believe shape the relationship between business and society. Provide two examples (one for each force you choose). Look for flaws and strengths in specific examples and applications.
There are several factors that determine how the business relates to the society. One of these factors is the ever-changing expectations of the society and the ethics Lawrence, Weber, & Post, 2005, pp. 27.
This is what has caused many organizations to adopt corporate social responsibility. Corporate social responsibility, more commonly known as CS or corporate citizenship, is where the business attempts to understand the community and environment in which it is operating and how its activities are affecting the community and environment and thus it devices strategies to eliminate any negative effects and encourage activities which increase the positive effects. In…
Lawrence, A.T., Weber, J., & Post, J.E. (2005). Business and society: stakeholders, ethics, public policy. New York, NY: McGraw-Hill/Irwin.
Stuhl, O. (2011). Review: Everything but the Coffee: Learning about America from Starbucks. Gastronomica: The Journal of Food and Culture, 11(3), 109-110.
The company's objective is to develop capabilities in the Reseach and Development aeas as well as ensuing poducts that can be sold and distibuted in the Euopean and Ameican makets. It should be noted, howeve, that such a move must be taken with caution and cae; appoaching the Euopean business maketplace may not wok in the same manne as othe business envionments. As one expet ecently wote "appoaching the Euopean makets without ecognizing the impotance of national languages and cultues in daily life is a cucial mistake" (Robet, 2010, pg. 31). It would be wise fo the company to emembe Robet's wods due to the unique natue of the Euopean makets and Gemany in paticula; since that is the county this pape ecommends the company conducts its business.
It is impotant to note that choosing a county to base the company's opeations is a delicate and time-consuming matte that…
references of political actors, German Politics, Vol. 18, Issue 3, pp. 281-300
Dickman, M.; (2003) Implementing German HRM abroad: Desired, feasible, successful? International Journal of Human Resource Management, Vol. 14, Issue 2, pp. 265 -- 283
Dunning, J.H. & Lundan, S.M.; (2008) Multinational Enterprises and the Global Economy, London: Edward Elgar Publishing
Federal Republic of Germany (2003) Background Notes on Countries of the World 2003, pp. 1 -15
Grewal, R.; Chandrashekaran, M.; Dwyer, F.R.; (2008) Navigating local environments with global strategies: A contingency model of multinational subsidiary performance, Marketing Science, Vol. 27, Issue 5, pp. 886 -- 902
So doing the right thing and being an ethical company would be the best choice for Sports Products, Inc. To make. Making the right choice will in the end will help the company to be more successful.
D. Does the firm appear to have an effective corporate governance structure?
No, it does not appear that Sports Products, Inc. has an effective governance structure. If the stakeholders are the owners of the corporation and have the power to elect a board of directors to run the company, then the company should be running in the shareholders' best interests. During the 20 years that this company has never paid out a dividend to its shareholders. This raises a large red flag that points to the mismanagement that is going on.
The profits of the company are increasing while the stock prices continue to fall. This leads one to question whether the stakeholders…
Business report compares the two Australian service providers where by various aspects are critically looked at in respect to the design elements of a retail store environment. The elements are categorized into exterior facilities, general interior, store layout, interior displays and the social dimensions. Each of these design elements are categorically looked into differently taking into account the services being offered by the two chosen service providers namely Fadez Barbershop and Gloria Jean's Coffees.
The two chosen service providers are unique in their own way having been selected from different industries. Various design elements in comparison with the ussell's Model of affect are discussed and how they relate in different ways. ussell's model of affect talks about the various arousal levels that the consumers achieve when in contact with the mentioned design elements of a retail store environment, the interpretations and the impact they have that affects the buying decisions…
Adam W. (2011). Fadez Barber Shop. Retrieved September 16, 2012 from http://www.yelp.com/biz/fadez-barber-shop-newtown
Anna stahl, Kristina Hook & Petra Fagerberg, (n.d). Designing gestures for Affective input: An analysis of shape, Effort and valence. Retrieved September 16, 2012 from http://eprints.sics.se/145/1/PaperA.pdf
Authorstream, (2012). Crafting the Service Environment. Retrieved September 16, 2012 from http://www.authorstream.com/Presentation/aSGuest80925-757045-personal-environment/
Christopher Lovelock and Jochen Wirtz, (2004). Planning the Service Environment. Retrieved September 16, 2012 from http://tulip.bu.ac.th/~nisit.m/lovelock10.ppt
Business Society and Corporate Values
There has indeed been a great deal of discussion regarding CEO compensation, which is rightly viewed as being completely out of line. The core problem and cause of inflated CEO salaries cannot be attributed to a single reason, but is rather the result of a range of inter-connected factors. What is definitive is the fact that these salaries have inflated over time; this is in part due to the fact that greed is a progressive, boundless factor. "According to the Economic Policy Institute, in the late 1970s, total compensation of chief executives in large American corporations was 35 times that of the average American worker. In 2007, it was 275 times that" (Borger, 2007). These facts alone demonstrate that there is good reason to be in a state of alarm. The reasons for such severely inflated and remarkably unjust salaries are a result of the…
Ball, P. (2012, July 4). GlaxoSmithKline's bribes are evidence that Big Pharma isn't working. Retrieved from Guardian.co.uk: http://www.guardian.co.uk/commentisfree/2012/jul/04/glaxosmithkline-big-pharma-not-working
Borger, J. (2008, September 5). Why do CEOs make so much? Retrieved from Minnpost.com: http://www.minnpost.com/politics-policy/2008/09/why-do-ceos-make-so-much
Boselovic, L. (2011, May 15). Rajaratnam case puts big chill on insider trading. Retrieved from post-gazaette.com: http://www.post-gazette.com/stories/business/news/rajaratnam-case-puts-big-chill-on-insider-trading-297777/
Choudhury, U. (2011, October 14). Rajaratnam becomes a 'whipping boy' for Wall Street misdeeds. Retrieved from firstpost.com: http://www.firstpost.com/business/rajaratnam-becomes-a-%E2%80%98whipping-boy%E2%80%99-for-wall-street-misdeeds-107346.html
Business Manager 0668
Tools for customers
E-commerce payment solutions
Search Engine Optimization
Strategies for improvement
Search Engine Optimization and webpage rankings
Global business diversity
Customer elationship Management
Website integration of tools
Discuss how you will facilitate customer payment using e-commerce solutions (e.g., how the transaction will take place, including the tools customers will use).
The customer transactions and payments are one of the important elements of e-commerce strategy. The businesses are required to offer a secure and trust worthy system for their client to manage the financial transactions. There are different transactions handling methods used by the e-commerce-based organizations. These payment methods should be aligned with the overall business transaction handling process as well as appropriate selection of tools and e-payment solutions.
The transactions of products produced under the label of Sunny Day salon are mainly related…
Buttle, F. (2012). Customer relationship management.USA: Routledge.
Kent, P. (2012). Search engine optimization for dummies. USA: John Wiley & Sons Inc.
Kim, C., Tao, W., Shin, N., & Kim, K.S. (2010). An empirical study of customers' perceptions of security and trust in e-payment systems. Electronic Commerce Research and Applications, 9(1), 84-95.
Ojeda-Zapata, J. (2011). iPad Means Business: How Apple's Tablet Computer is Changing the Work World. USA: Happy About.
In order to study career aspirations, a survey of fifteen students was conducted to determine what level the student expected to achieve as their highest level. The students polled were all business students. The unit of analysis was scalar, with the options reflecting hierarchical levels within a corporation. The results of the survey were as follows:
These results show that business students have a wide range of aspirations and expectations for their careers. While some see themselves on a path to executive-level leadership, others see themselves slotting into middle- or upper-level managerial positions as their apex. None of the business students surveyed felt that they were likely to end up in a non-management role. Because of the desire to create scalar units of measurement, the question did not distinguish between these levels and entrepreneurship. So the size of the company…
Lund Research (2012). Stratified random sampling. Lund Research. Retrieved April 3, 2014 from http://dissertation.laerd.com/stratified-random-sampling.php
No author (2014). Business research process: An overview. EIS.HU.EDU. Retrieved April 3, 2014 from https://eis.hu.edu.jo/ACUploads/10643/Chapter%204.pdf
Every company has corporate governance initiatives in place. Consider that corporate governance simply refers to how the company is run and controlled. The current usage of the buzzword derives from the issues that a few companies had where executives or managers were not subject to appropriate levels of governance. Thus, the guidelines issued recently by the OECD, the ASX, the Combined Code and in Sarbanes-Oxley serve to institutionalize stronger corporate governance policies in order to strengthen public confidence in capital markets. Most companies would already be following these guidelines.
For example, the first category covered by the Combined Code is about the Board of Governors. Boards of Governors have always been responsible for corporate governance -- for our company not to have any governance policy would imply that it does not have a Board. hat is recommended is that the Board has specific features and structures. One recommendation…
ASX: Corporate governance. (2011). Retrieved November 30, 2011 from http://www.asx.com.au/governance/corporate-governance.htm
Friedman, M. (1970). The social responsibility of business is to increase its profits. New York Times Magazine. Retrieved November 30, 2011 from http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html
No author. (2011). Management compliance guide. Sox Toolkit. Retrieved November 30, 2011 from http://www.soxtoolkit.com/sox-govern.htm
OECD principles of corporate governance. (2004). Retrieved November 30, 2011 from http://www.oecd.org/document/49/0,3746,en_2649_34813_31530865_1_1_1_1,00.html
Business and Human esources
Apple Company Inc.
Apple was founded by Steve Wozniak, Steve Jobs and onald Wayne in 1976; however it was integrated in 1977. It is an American company which not only produces computer electronics, personal computers, portable devices and software but also sells them. Apple has been in this business since 30 years and in this time span, it has faced highs and lows in its economic activity. It is not only listed on the NASDAQ with the ticker of AAPL but it has a share in NASDAQ-100 and S&P 500 as well. In 2007, Apple gained extensive fame after the struggle of many years when it introduced the iPhone, iPad and iPod touch in the market (Flippone et al., 2012).
The Organization Today
Flippone et al. (2012) mentioned that Apple has 393 retail stores located in 14 countries since August, 2012. Apple is recognized as the…
DataMonitor. (2011). Apple, Inc. Company Profile. Data Monitor, annual Report, Company Overview.
Economist Intelligence Unit: Fertile Ground: Cultivating a talent for innovation. February 2009
Flippone, T., Youden, D., Pennington, K. And Fersht, P. (2012). Human Resources Transformation: Is It Driving Business Performance? HfS Research, Ltd.
The Global Innovation 1000: How the top innovators keep winning. Booz & company, 2010
Alford reports that "for some, the earth moves when they discover that people in authority routinely lie and that those who work for them routinely cover up. Once one knows this, or rather once one feels this knowledge in one's bones, one lives in a new world. Some people remain aliens in the new world forever. Maybe they like it that way. Maybe they don't have a choice." (Alford, 52).
ith respect to the case study at hand here, this was an experience which afflicted me with heavily mixed feelings at Allied. The vacuum of integrity in the industry was counterintuitive to my understanding of business practices that were sensible in the long-term and that abided traditional moral conditions in their execution. As a major consequence of this paradox, I found myself often in a position where balance was crucial. The major divide between my commitment to my principles and…
Adams. G. And Balfour, D. (1998). Unmasking Administrative Evil. Thousand Oaks, CA: Sage.
Alford, C. (2001). Whistleblowers. Ithaca, NY: Cornell University Press.
Bennis, W. & Biederman, P.W. (1997). Organizing genius: The secrets of creative collaboration. Massachusetts: Addison-Wesley.
Berman, E. et al., eds.(1998).The Ethics Edge. Washington, DC: International City/County Management Association.
This means that you must continually monitor and communicate about possible changes, pertaining to the overall scope of the threat. Once this occurs, is when an entity will have an effective security procedure that will adapt to the various changes that are taking place.
This is significant, because this information can be used to corroborate the overall nature of security threats that could be faced by the SME. Where, this information is useful in helping to identify and address possible operational considerations that must be taken into account. As a result, this will help to provide not only a glimpse of possible security challenges that will be faced, but it will also help to establish an effective IT security protocol.
When you compare this with the previous source, this information can be used to highlight specific security threats that the company we are examining could face. Where, it discusses the…
E Commerce Growth. (2010). Strategic E-Commerce Solutions. Retrieved from: http://www.sescommerce.com/ecommerce-growth.asp
Internet Usage Statistics. (2010). Internet World Stats. Retrieved from: http://www.internetworldstats.com/stats.htm
PEW Wireless Internet Usage Rising. (2010). Wireless Week. Retrieved from: http://www.wirelessweek.com/News/2010/07/PEW-Wireless-Internet-Use-Rising-Mobile-Content/
Reflective Writing. (2010). UNSW. Retrieved from http://www.lc.unsw.edu.au/onlib/pdf/reflective.pdf
The new business will be a service business that operates as a small scale bed and breakfast. The hotel will consist of one large single family house that is rented by the room in a major metropolitan area that operates in a few independent niches. The first is that the house will rent a room to visitors on the emerging online platforms such as www.airbnb.com. This service allows homeowners to rent out their extra space to anyone that is interested online. Therefore users can actually stay with an individual or a family as opposed to staying at a hotel for a significantly reduced rate. There are many advantages to this model for both the customers and the room providers.
Another niche that will be targeted is that the house will represent a carbon neutral house that practices fully sustainable practices. The house will generate…
Benjamin, J., & Westin, J. (2014, August 9). Airbnb's threat to affordable housing . Retrieved from Daily News: http://www.nydailynews.com/opinion/airbnb-threat-affordable-housing-article-1.1897375
Mortgage Calculator. (N.d. ). Mortgage Calculator. Retrieved from Mortgage Calculator: http://www.mortgagecalculator.org/
Roberts, S. (2011, October 31). U.N. Says 7 Billion Now Share the World. Retrieved from The New York Times: http://www.nytimes.com/2011/11/01/world/united-nations-reports-7-billion-humans-but-others-dont-count-on-it.html?_r=0
The Economist. (2013, March 9). The rise of the sharing economy. Retrieved from The Economist: http://www.economist.com/news/leaders/21573104-internet-everything-hire-rise-sharing-economy
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…
Aristotle, Nicomachean Ethics (Ross, W.D. Translator). Retrieved fromhttp://socserv.mcmaster.ca/econ/ugcm/3ll3/aristotle/Ethics.pdf September 30, 2010
Hartman Laura P. & Joe DesJardins. Business Ethics Decision Making for Personal integrity & Social Responsibility, Second Edition
For a product configuration system to be effective it must be able to submit orders directly into production while at the same time being able to determine what the Available-To-Promise (ATP) ship dates are (Mendelson, Parlakturk, 2008). Instead of just giving the standard four to six weeks I'd also integrate the product configuration systems to supply chain systems to ensure that accurate Available-To-Promise (ATP) dates (Gunasekaran, Ngai, 2009). I'd use this as a competitive differentiator to ensure that customers could be very well informed as to when their sofa or furniture was going to arrive. All of these systems would also be integrated to an analytics system so it would be possible to know what the status of orders and shipments were on a continual basis.
Gunasekaran, A., & Ngai, E.. (2009). Modeling and analysis of build-to-order supply chains. European Journal of Operational esearch, 195(2), 319.
Johansson, Johny K.,…
Gunasekaran, A., & Ngai, E.. (2009). Modeling and analysis of build-to-order supply chains. European Journal of Operational Research, 195(2), 319.
Johansson, Johny K., & Nonaka, Ikujiro. (1987, May). Market Research the Japanese Way. Harvard Business Review, 65(3), 16.
Kate Maddox. (2006, April). Microsoft research paves way for 'People Ready'. B to B, 91(4), 62.
Lorne McMillan & Brenda Ng. (2007). Ethnography within consumer research -- a critical case study of Consumer Film Festivals. International Journal of Market Research, 49(6), 707-714.
It is projected that at least 10% of the individuals receiving the survey will respond.
There are a variety of reasons for using qualitative methods in a study such as this one. Even though there are drawbacks to the qualitative method including (but not limited to) the fact that respondents are not known and could be lying, the responses are very subjective, and the questions themselves are quantitative in nature, it is still deemed that the expense and time necessary to employ other methods would be to exorbiant in nature.
It is also determined that there are a number of others studies currently available that can provide data that shows the effectiveness of direct mail advertising, therefore, the focus would be on the sports magazine aspect rather than direct mail per se. Qualitative methods are therefore deemed the most appropriate for this study.
De Chematony, L.; Cottam, S.; (2009)…
De Chematony, L.; Cottam, S.; (2009) Interacting contributions of different departments to brand success, Journal of Business Research, Vol. 62, Iss. 3, pg. 297
Payne, a.; Storbacka, K.; Frow, P.; Knox, S.; (2009) Co-creating brands: Diagnosing and designing the relationship experience, Journal of Business Research, Vol. 62, Iss. 3, pg. 379
Roderick, J.B.; Whittome, J.R.M.; Brush, G.J.; (2009) Investigating the service brand: A customer value perspective, Journal of Business Research, Vol. 62, Iss.3, pg. 345
Teddington; (2008) the innovative media offerings for a man's world, Campaign, Oct 10, 2008, pg. 17
One set of concepts from each area was utilized to explain how the situation at Grand Bois may have come about. The end goal of the authors was to "provide business practitioners, ethics teachers, and readers interested in corporate conduct with insights useful in understanding why managers may act the way they do."
It could be argued, according to Hamilton and Berken (2005), that Exxon managers had made a sound business judgment, based on facts that were not known, at the time. The industry still contends that the majority of exploration and production waste contains no harmful compounds, and that for this reason the disposal techniques that are used at the Grand Bois facility were not only cost effective, but also environmentally safe.
Just because the exemption of this waste for hazardous materials was brought about by political lobbying does not mean that it is not scientifically or justified.
Beschorner, T. (2006). Ethical theory and business practices: The case of discourse ethics. Journal of Business Ethics, 66. Retrieved December 1, 2006, from ProQuest database.
Bowen, M. & Power, F. (1993 Apr). The moral manager: Communicative ethics and the Exxon Valdez disaster. Business Ethics, 3(2). Retrieved December 1, 2006, from Business Source Complete database.
Call for an extra Exxon Valdex payout. (2002). Disaster Prevention and Management, 11(3). Retrieved December 1, 2006, from ProQuest database.
Carson, S. (2006 Mar). Gert's moral theory and its application to bioethics cases. Kennedy Institute of Ethics Journal, 16(1). Retrieved December 1, 2006, from ProQuest database.
This allows for greater levels of planning and cooperation, and fills in the information gap that currently exists between the factory floor and the rest of the supply chain.
Lexmark provides an example of waste. Recently, the company found itself with more than $1 million in scrap from one lot. Engineers had insufficient information to isolate and fix the problem, so were instead relegated to crisis control. With more accurate data from each step of the operation, the engineers could have been more involved in the process and made improvements along the way before it became a large-scale crisis.
Through web-based business applications, engineers can now examine a defective printer cartridge and then use a thin client to put a hold on the entire batch if necessary, regardless of its physical location (anywhere in the world)
In conclusion, it is apparent that e-business is making its mark on the business…
Alexander, Michael. (2001). Factory Floors Go Online -- Pioneering manufacturers close the final gap in their supply chains. InternetWeek; Manhasset; Mar 12, 2001.
2002) Automotive Design & Production. Cincinnati, 114(8), 70-72.
Steele, a.L. (2001). Cost drivers and other management issues in the JIT supply chain environment. Production and Inventory Management Journal. Alexandria, 42(2), 61-68
Drickhammer, D. (2001, May 21). Peak performance. Industry Week. Cleveland, 250(8) 36-40.
This distribution can be applied to multiple business situations even where data is distributed differently, because a normal distribution adopts the central limit theorem which suggests that no matter how a population is distributed, the distribution "of the means of random samples approaches a normal distribution for a large sample size" (ICMBA, 2002).
Business executives can use normal business distribution to create diversified asset portfolios, to calculate process variations within operations and even in human resources management to evaluate employee performance that is often considered normally distributed (ICMBA, 2002). Businesses benefits because normal distribution allows description of variables that would otherwise be considered random, and also allows a rough estimate of the actual distribution (ICMBA, 2002). Errors that usually arise using a bell curve are also often negligible and hence considered acceptable (ICMBA, 2002) thus executives can use normal distribution to solve problems with a high degree of accuracy in…
Arsham, H. (1994). "Statistical thinking for managerial decisions." January 1994,
National Science Foundation. 1, October 2005: http://home.ubalt.edu/ntsbarsh/Business-stat/opre504.htm
History for Dayton, Ohio February Temperatures." Weather Underground. Available:
Pattern of Ethical Challenges
One company that consistently makes the news because of ethical issues is Walmart. This essay examines business ethics as practiced at Walmart.
Founded in 1962, Walmart has grown to sales of $405 billion and more than 2.1 million associates worldwide. The company is now ranked as the world's largest retail chain. But that explosive growth has also made Walmart an exceptional target. How many companies can boast of their own dedicated watchdog organizations, whose sole purpose is monitoring the company's performance on a wide range of issues related to business ethics? Walmart is such a company, although it would probably prefer otherwise. According to the website of Walmart Watch, it exists solely to "hold Walmart fully accountable for its impact on communities, the American workforce, the retail sector, the environment and the nation's economy" (Walmart Watch, 2011). Launched in 2005, Walmart Watch's stated purpose…
As happened with many service businesses during a recession, Jazz Event Productions experienced a drop in revenues in 2010. For a company that has grown steadily throughout its 15-year history, it was an unwelcome first. The decrease in sales occurred primarily because companies faced with tough economic choices because of the recession either cut back or eliminated entirely their budgets for special events. hereas many of our loyal customers continued to trust us to produce their special events just as in past years, others were operating with reduced budgets. As a result, Jazz experienced a period wherein sales dropped by about five percent.
ith the improved economy, sales have returned to pre-recession levels, however, because they are cautious and careful owners who want to perform their due diligence, Alex and Cindy are looking for ways to ensure that the company stays profitable. They believe that the best approach,…
Bansal, P. & Roth, K. (2000). Why companies go green: A model of ecological responsiveness. Academy of Management Journal, 43(4), 717-736. Retrieved from http://www.jstor.org/stable/1556363
Cronin, J.J., Smith, J.S., Gleim, M.R., Ramirez, E., & Martinez, J.D. (2011). Green marketing strategies: an examination of stakeholders and the opportunities they present. Journal of the Academy of Marketing Science, 39(1), 158-174. doi: 10.1007/s11747-010-0227-0
Hartmann, P., Ibanez, V.A., & Sainz, J.F. (2005). Green branding effects on attitude: Functional vs. emotional positioning strategies. Marketing Intelligence & Planning, 23(1), 9-29. doi: 10.1108/02634500510577447
Internal Revenue Service. (2011). Qualified plug-in electric drive motor vehicles (IRC 30D). Retrieved November 22, 2011 from: http://www.irs.gov/businesses/article/0,,id=214841,00.html
All businesses are started with the intention of success, although this intention alone cannot guarantee immunity from failure. Whether or not businesses experience success or failure depends on several factors. Some of these factors are in the control of the business owners themselves, such as quality of management, while some factors are out of the control of the business owners, such as current economic climate. The following discussion highlights factors involved in why businesses succeed or fail, and how certain factors such as sex of the business owner or location of the business play into the equation.
avindran (2008) described how studies have demonstrated that approximately 50% of small businesses experience failure within their first four years of existence. This failure is most often a result of lack of knowledge regarding proper workings of businesses and poor management (avindran, 2008). Another crucial factor involved in the failure of…
Ravindran, N.. "Why businesses may fail: why some businesses fail and why some succeed is debatable. There are various factors behind business failures. We look at some common mistakes that can sink a business in no time." Today's Manager. Singapore Institute of Management. 2008. Retrieved March 12, 2011 from HighBeam Research: http://www.highbeam.com/doc/1G1-187622241.html
Robinson, Sherry. "Business failure rates: a look at sex and location.(Statistical table)(Survey)." Academy of Entrepreneurship Journal. The DreamCatchers Group, LLC. 2007. Retrieved March 12, 2011 from HighBeam Research: http://www.highbeam.com/doc/1G1-175065812.html
Massive amounts of daily emails from various sources would arrive, often reiterating the same information or even forwarding the exact same memo. This is actually an instance of the slowdown of communication and operations due to the advances in communication technology that now exist; the ease of communication has led many organizations to over-communicate to the point of redundancy and extreme inefficiency. The emphasis in research literature on communication technology is also partially to blame for this perspective (Preston et al. 2009). This is still a problem at my current organization, though to a far lesser degree, and there is a company awareness of the problem.
The message types that result from this trend were largely ineffective, impersonal, unguided, and unreasoned. They did not really take into account who the recipients were, nor whether or not it was necessary for them to receive the communication, or if they had in…
Beurer-Zelig, B.; Fieseler, C. & Meckel, M. "A descriptive inquiry into the corporate communication profession in Europe." Public relations review 35(3), pp. 270-9.
Preston, P.' Kerr, A. & Cawley, A. (2009). "Innovation and knowledge in the digital media sector." Information, communication, & society 12(7), pp. 994-1014.
The cheese plant is dedicated to agricultural product production processes utilizing mostly raw materials produced on its own farms. Generally, the individual farms each maintain several hundred heads of cattle capable of producing sufficient raw materials (such as fresh milk) to sustain McCadum Cheese Plant operations.
Apparent McCadum Cheese Plant Inventory Needs:
In general, production that is dependent on the availability of raw materials from its farm network. It would not be practical or efficient to ensure business continuity primarily through large inventory because of the perishable nature of the product and of its component ingredients. The sheer volumes at issue would also be a prohibitive concern even apart from perishability issue; for example, the plant uses 35,000 pounds of fresh milk in each production run.
Apparent McCadum Cheese Plant Inventory Status:
The McCadum Cheese Plant business ensures business continuity by using a well-coordinated but geographically decentralized supply for its…
Having this traditional silo-structured environment makes it very difficult to properly develop a curriculum surrounding service management. Because of this there is a significant gap that exists between the education received by business school graduates and the skills that they need to succeed in today's service heavy environment.
Non-traditional Business Skills and Tactics
Nontraditional business skills are often referred to as soft skills or people skills. These consist of the ability to communicate and understand people on an emotional level. These are often the skills that can determine the success or failure of a career (Thilmany, 2009). The skills are all related to human interaction. This includes most forms of communication, negotiation and leadership. Soft skills can be distinguished by different types such as informative, negotiating, listening, and communicative. Informative soft skills are those that send a message that has to be conveyed accurately. Negotiating or convincing soft skills is…
21 Business Skills Needed to Succeed. (2009). Retrieved September 22, 2009, from New
Horizons Web site: http://www.nhmn.com/COMMUNITIES/softskills/news/08-03-
Davis, M.M. And Berdrow, I. (2008). Service science: Catalyst for change in business school curricula. IBM Systems Journal, 47(1), 29-39.
The existence and specialization of these three competitors materializes in the need for Creativity Sure to excel in the offering of the three types of products and services offered by challengers Karina Advertising, Falling Agency and Dorna PLC.
4.2 PEST Analysis
Political forces: The development of a full legislation within the advertising field has yet to become a complete process. ecent efforts have however limited the operations of advertising campaigns in the meaning of having eliminated all features that are not compatible with the product or which promise unrealistic outcomes, such as the tremendous loss of weight. Other issues regulated by the new laws refer to truth-in-advertising, product labeling requirements, online advertising and marketing, the advertising of specific products, telemarketing and direct marketing, and finally, regulations relative to environmental marketing (The Official Business Link to the U.S. Government, 2009). The new Obama administration has yet to take a new stand…
Chesbrough, H.W., 2003, Open Innovation: The New Imperative for Creating and Profiting from Technology, Harvard Business Press School, ISBN 1578518377
Fabozzi, F.J., Peterson, P.P., 2003, Financial Management and Analysis, 2nd Edition, John Wiley and Sons, ISBN 0471234842
Kellner, H., Heuberger, F.W., 1994, Hidden Technocrats: The New Class and New Capitalism, Transaction Publishers, ISBN 1560007877
LeClaire, J., 2000, Benefits of Advertising in Any Economy, Sign Industry, http://www.signindustry.com/management/articles/2002-10-31-JL-AdvertInDownEconomy.php3 last accessed on May 5, 2009
Inventory Management Strategy. In his book, Streetwise Project Management, Dobson (2003) advocates the use of a just-in-time inventory management strategy to keep inventories low and manufacturing process more productive. This approach, though, will require close coordination with a Brazilian supplier, warehousing operations, planners and forecasters, and transportation directors throughout the inventory management process. In this regard, Epps (1995) advises, that such an approach requires the efficient transportation of materials from outside vendors directly to the work-in-process area, where the required value added processes of the manufacturing operations take place, which is followed by the shipping of the finished products to the customer within a reasonable timeframe. This inventory management strategy can save manufacturers the costs of inspection, stocking, material handling, inventory tracking, carrying the inventory, and the dangers that are typically related to damage to parts and their tendency to become obsolete over time (Epps).
The just-in-time inventory management strategy…
Bolten, E.F. (1997). Managing time and space in the modern warehouse with ready-to-use forms, checklist & documentation. New York: AMACOM.
Boyson, S., Harrington, L.H. & Corsi, T.M. (2004). In real time: Managing the new supply chain. Westport, CT: Praeger.
Brazil. (2009). U.S. government: CIA world factbook. [Online.] Available: https://www.cia.
This introduces another theoretical and practical difference between business proposals and formal research, and that is the evaluation of their results. Typically business proposals have specific revenue and cost objectives associated with them, yet lack the precision of results that formal research has. Business proposals' variability is not as easily quantified and measured, and therefore potentially overcome as the more planned approach of formal research. Formal research methodologies can take into account potential sampling errors, respondent biases and also control for specific errors in completing the study. The finite and highly measured result of formal research is in contrast to the business proposal's multitudinous effects on people and groups in the company it is meant for. Formal research also can be longitudinal or focused on comparing the implications of a given research methodology over time, with no specific payback except for the creation of knowledge. For business proposals it is…
Jeffrey Jablonski (1999). Teaching the complexity of business proposals. Business Communication Quarterly, 62(3), 108-111. Retrieved January 6, 2009, from ABI/INFORM Global database. (Document ID: 44309653)
Judd, Larry R. (1990). Importance and Use of Formal Research and Evaluation. Public Relations Review, 16(4), 17. Retrieved January 7, 2009, from ABI/INFORM Global database. (Document ID: 9051599).
Luuk Lagerwerf, Ellis Bossers. (2002). Assessing business proposals: Genre conventions and audience response in document design. The Journal of Business Communication, 39(4), 437-460. Retrieved January 7, 2009, from ABI/INFORM Global database. (Document ID: 238607751).
This would have been a truly unethical action.
The second objection that can be brought to the sustained thesis is represented by the fact that censorship is a violation of several human rights. These rights include the right to freedom of speech, the right to self-expression and the right to be well informed. It might be argued that Google made a mistake and created a precedent, proving that totalitarian regime scan impose their rules even upon independent companies because these companies are more interested in obtaining financial profits rather than defending human rights and liberties.
This may be true to a certain limited extent. Supposing that Google had refused to implement its dot cn service. In this manner it would have made a statement regarding censorship and freedom. but, at the same time, it would have failed to serve the Chinese people in any way.
An action of this kind…
Martin, K.E. "Google, Inc., in China (condensed)." Business roundtable Institute for Corporate Ethics. 30 October 2008. http://www.darden.virginia.edu/corporate-ethics/pdf/BRI-1004.pdf
Mill, J.S. "Utilitarianism." Google Books online. 30 October 2008 http://books.google.it/books?hl=it&id=9PE1LARQNV8C&dq=utilitarianism&printsec=frontcover&source=web&ots=54SBhkL_2p&sig=jUOgPaHFZE0wtGFE9IPUjqiAE8Q&sa=X&oi=book_result&resnum=4&ct=result
The treatment of the undocumented workers has legal and economic implications, but is only an issue in the political arena.
Companies that hire illegal immigrants are being socially responsible. The argument that illegals suppress wages is not based on sound evidence - the jobs illegals do would otherwise be unfilled. If anything, hiring illegals is socially responsible because it gives those people an opportunity to better themselves, something they otherwise would not have had. The notion is especially absurd given that 99% of Americans received this same opportunity at some point in their own family's history. Furthermore, mankind has an obligation to look out for our fellow man. This duty transcends any sense of duty to a state or that state's rule of law.
The only small issue with regards to illegal immigrants is that with regard to legal immigrants, those who play by the rules, sometimes to their detriment.…
Carroll, Archie B. (1991). The pyramid of corporate social responsibility. Business Horizons. Retrieved October 24, 2008 at http://findarticles.com/p/articles/mi_m1038/is_n4_v34/ai_11000639
0 applications. The survey also attempts to define the eturn on Investment from investing in social networking applications, and derives a figure of $1.9M by 2013, corroborating a figure from Forrester esearch.
Completing any research project designed to capture business-to-business (B2B) market data takes an approach to isolating respondents within each organization that have a role in evaluating the technology being studied. The survey methodology concentrates on the role of it staff in evaluating social media applications. It would have been more effective if the researchers had also concentrated on the line-of-business managers and those responsible for the performance of business units who could make use of social networking applications as well. The integration aspects of Enterprise 2.0, as the coordination point for legacy systems, are what the it staff most concentrated on. To make this a more effective study, the unmet needs of the line-of-business users also need…
Ashley Jones (2008, September). Studies Suggest That Enterprise Social Media Will Change the Face of Business. EContent, 31(7), 14-15. Retrieved October 11, 2008, from ABI/INFORM Global database. (Document ID: 1556481791).
http://www.econtentmag.com/Articles/News/News-Feature/Studies-Suggest-That-Enterprise-Social-Media-Will -- Change-the-Face-of-Business-50353.htm
Link to press release from Trampoline Systems:
This same thing would apply to the business purchase as well, as this is the stage when he sits back and goes over his decision, and if he has a doubt about the product at this stage, he would probably never repeat purchase at this company again.
Chapter 6, class notes," n. d.) customer is influenced by many factors when he is making a decision to buy a product or a service. His basic upbringing, his culture, the media, the important role that a role model may play in his life, and the influences that he may have from certain groups of persons may all play equally important roles, and in addition, marketers and advertisers too may obviously influence the consumer in attempting to influence or persuade them into making the all important purchase of a particular product or service. ("Consumer buying behavior," n. d) Although there are certain dissimilarities…
Kurtz, David L; Boone, Louis E. (2005) "Contemporary Marketing" Thomson South-
N.A. (n. d.) "Chapter 6, class notes" Retrieved 4 December, 2007 at http://www.udel.edu/alex/chapt6.html
N.A. (n. d.) "Consumer buying behavior" Retrieved 4 December, 2007 at http://www.learnmarketing.net/consumer.htm
Companies that outperformed their peers environmentally performed better on the stock market by as much as 2%.
The Storebrand Scudder Environmental Value Fund selects firms that rank in the top third in environmental performance within their industry sector. The fund grew 51% between 1996 and 1998, and outperformed the comparable Morgan Stanley international World Index by 8% over the same period.
1996 study by ICF Kaiser Consulting Group that looked at 327 S&P 500 firms found that companies could push up their stock price by as much as 5% by improving environmental performance.
All these studies are valuable resources for helping a company understand that ethical behavior will actually improve a company's ability to make profits. While there has been much emphasis on legal accountability for unethical behavior, more emphasis should be placed on the positive relationship between ethics and financial performance.
Webley, S. And More, E. Does business…
Webley, S. And More, E. Does business ethics pay? Institute of Business Ethics. http://www.ibe.org.uk/DBEPpr.htm
Franco, N.C. (2001, March). Corporate environmental disclosure: Opportunities to harness market forces to improve corporate environmental performance." U.S. Environmental Protection Agency. http://www.rosefdn.org/images/EPA.Disclosure.Study.pdf
Reasons for Failure
usiness failures have become a properly investigated field of study in the past few years as a struggling economy and an overall difficult business environment have combined to discourage potential entrepreneurs from entering the market place and to cause many existing business owners / entrepreneurs from continuing their endeavors. This interest in business failures is precipitated by the fact that the number and nature of business failures impacts negatively on the overall business climate and examining possible causes in an effort to forestall further such failures is vital to maintaining a healthy business environment. The emphasis in recent years has shifted from examining why and how businesses fail toward an analysis of how to avoid and prevent business failures.
The failed business that I chose to review was a small ice cream / restaurant in my neighborhood. The name of the business was Charlie's Ice…
Goltz, J. (2011, January 5). Top 10 Reasons Small Business Fail. New York Tmes .
U.S. Small Business Administration. (n.d.). Standard Operating Procedures. Retrieved May 25, 2011, from SBA: http://www.sba.gov/about-sba-services/
This can hurt the returns of the portfolio over the long-term.
Although legally not all information must be disclosed, should companies be obligated to disclose the true nature of investor risk? Or are investors responsible for determining such risk?
Yes, under the Securities and Exchange Act of 1934 all firms must provide material changes in their financial condition to regulators. However, investors also need to understand that investing in common stocks entails more risks in comparison with CDs or U.S. Treasuries.
Did Enron's overstating of profits amount to a manipulation of investors? as the manipulation intentional? Should investors assume a high level of risk unless told otherwise?
Yes, the reason why is because the stock was valued for much more than it was really worth. This harmed investors who believed what management was telling them the about future profit margins. The fraud was intentional. This is because executives knowingly lied…
"Evidence of a Corporations Debts." Free Dictionary. Last modified 2012. http://legal-dictionary.thefreedictionary.com/Securities+Exchange+Act+of+1934
Beachamp, Tom. Ethical Theory and Business. New York: Prentice Hall, 2008.
Chicago Format. http://owl.english.purdue.edu/owl/resource/717/03/
Tom Beachamp, Ethical Theory and Business (New York: Prentice Hall, 2008), 404
In the case of Enron, upper-level executives went too far. By blatantly lying on numerous occasions about the value of their stock, participants like CEO Kenneth Lay overstepped the boundaries of utilitarian lying.
Many studies have been conducted on the relationship between ethics and profitability in the business world. Studies indicate a "positive but not definitive" relationship between ethical behavior and financial success (ebley and More). Especially in the wake of the Enron disaster, investors and employees are looking toward companies with stronger ethical codes. Research has also indicated that companies that overtly refer to their codes of ethics in their annual reports and other public communications fare better than those that don't, in terms of economic added value (EVA), market added value (MVA), and reduced volatility (ebley and More).
Such research does not indicate a causal relationship between ethical behavior and profitability. hat such research indicates is not necessarily…
Enron's bankruptcy causes aftershocks on Main Street, Wall Street and in Washington." 2001. CNN.com. Retrieved July 19, 2005 online at http://www.cnn.com/SPECIALS/2002/enron/
Webley, Simon and More, Elise. "Does Business Ethics Pay?" Apr 2003. Institute of Business Ethics. Retrieved July 19, 2005 online at http://www.ibe.org.uk/DBEPsumm.htm
Both are equally important. For the first, we will have company specialists describing the software development tools we used, as well as the mechanisms that are included in the development of a new module or product within the suite.
On the other hand, presenting and implementing the organizational culture of the company is equally important. Besides promoting this in day-to-day operational activities, we will also have, from time to time, people from the company upper management visiting Bucharest and presenting the mechanisms and values that the company uses.
The labor market for software developers in Romania is one where the competition is quite challenging, especially since it comes both from internal and external forces. Internally, we are dealing with small to medium software developing companies, generally operating for larger companies abroad or working with a bigger international client. These are generally companies that have 30-50 employees and who…
Timmon's Manufacturing Company employee Don Carmen was used by DeVito Management Consultants as part of a time study in the painting of a new product. That time study will be used to establish the labor time standard for the next 6 months. Don was aware that he was being used in the time study, so he slowed his pace in order to obtain a labor time standard that would be easy to meet.
Don and his coworkers were seemingly benefitted by Don's actions. By slowing down his time, Don established a slow pace that would be easy for him and his coworkers to meet. Therefore, it would seem that they would make more money for less work. However, by reducing production standards, they Don may have made the company less profitable. If the company is less profitable, it might not be able to continue to pay its staff,…
Carol, C. (2012). A list of good work ethics by employees. Retrieved February 2, 2012 from Chron.com website: http://smallbusiness.chron.com/list-good-work-ethics-employees-21503.html
Marcoux, A. (2008). Business ethics. Retrieved February 2, 2012 from Stanford Encyclopedia
of Philosophy website: http://plato.stanford.edu/entries/ethics-business/
Businesses are the cornerstone of a capitalistic society. Businesses often drive economic growth and overall societal prosperity. In many instances, business can enhance the overall quality of life of those living in civilization. Looking back briefly at history, provides a unique perspective of business as it relates to societal development. Currently, looking at a minimum wage individual living in America today, they are able to perform tasks and activities that many of the wealthiest individuals in society during 1900 could only dream of. The minimum wage individual can watch television, listen to music on a cell phone, use the internet and even control the weather within their vehicle. This has occurred primarily due to the profit incentive embedded in a capitalistic society. The same will occur with Alex, Bill, Carl, Devon, and Xavier as there farm business developments. These same principles are present for all Christians who want their business…
1. Barnet, Richard; Ronald E. Muller (1974). Global Reach: The Power of the Multinational Corporation. New York, NY: Simon & Schuster.
2. Blumberg, Phillip I., The Multinational Challenge to Corporation Law: The Search for a New Corporate Personality, (1993)
3. Cadman, John William. The Corporation in New Jersey: Business and Politics,, (1949)
4. Conard, Alfred F Corporations in Perspective. 1976.
Business Ethics and the Art of Inclusion: Women in White Collar America
The quantity of female CEOs at Fortune 500 companies decreased by 25% in 2018, falling from 32 to 24: this means that only 4.8 percent of the most profitable 500 firms in the world are run by women in America (Stewart, 2018). How one can achieve inclusiveness within the workplace is definitely a hot-button issue in today’s workplace, particularly given the climate. Social movements for equality and safety in the workplace for all genders such as the #metoo and #timesup movement have made companies large and small look inwards and attempt to clean house, revising their practices. This is in part because of numerous corporate scandals such as the ones at Nike and Uber that have shown white collar America still often does not provide a balanced work environment for women, even in the 21st century. This paper…
This is because as night club owner, you will have to deal with host of issues to include: underage drinking, noise, possible violence and drugs. All of these different situations will inevitably bring law enforcement to your establishment. (Smith, 2007, pp. 7 -- 25) This is problematic, because as a club owner you are not responsible for the actions of a few individuals. However, you do have responsibility to uphold the law and cooperate with law enforcement in achieving this objective. This means that you must be able to have some kind of people skills, in being able to work with the customers and law enforcement about these issues. In my case, seeing these situations up close and how they were successfully resolved provides me with a basic foundation for having common sense. Where, I can be able to adjust to the different challenges that could be faced when owning…
Owning Your Own Night Club. (2010). Faze Magazine. Retrieved from http://www.fazeteen.com/issue03/owning_a_bar.html
Cassovoy, L. (2009). A Look Back At History. Start Your Own Bar and Nightclub. (pp. 3 -4). Irvine, CA: Jere Calms
Smith, R. (2008). Getting Started. How to Set Up and Operate A Successful Nightclub. (pp. 7 -- 25). Iowa City, IA: Upland Publishers.
Governmental CS policies do not only assist consumers or organizations, they assist both the consumer and the organization (The Impact of Government egulations on Corporate Social esponsibility - How Government Policies Shape CS, 2009).
It is often said that international environmental laws do not differ from one another. European environmental regulations are very similar to the U.S. environmental laws. The United States Environmental Protection Agency has set up a database that contains all of the contaminated lands in the U.S. This database includes existing and formerly contaminated lands. The European Union, especially France has also put into place databases to track existing and formerly contaminated lands within France. These efforts are there to protect the public from coming into contact with contaminated lands. International governmental environmental policies do not differ from one another in the fact that they all seek to protect the public and the organizations (The Impact of…
Emani, Gazelle. (2010). BP Oil Spill: 7 Secrets BP Doesn't Want You to Know. Retrieved July
19, 2010, from The Huffington Post Web site:
Freeland, Chrystia. (2010). What's BP's social responsibility? Retrieved July 19, 2010, from The
In that regard, even the protections available in more sophisticated societies cannot prevent major governmental corruption, exploitation, or unethical business practices in the private sector.
Therefore, the prospect of expanding our company presence to Kava does not obligate us to become more directly involved in Kava government or politics, but it does impose an obligation on our part to encourage the most beneficial organizational values and practices at every level. Business management principles must be shared in a manner that best cultivates a fundamental respect for human rights, equal rights, ethical principles of fairness and equity.
Naturally, in addition to attempting to instil socially responsible organizational values in Kava, our ethical responsibility requires us to determine a fair method of apportioning the measurable value that we derive from our Kava operations between the Kava people and our financial interests. It should go without saying that we will restrict our operations,…
Both the government and the company failed to ensure that employees suffer as least as possible for the company's difficulties. This means that ethical responsibilities towards employees were not put into practice. Although Carroll rates ethical responsibilities on the third line of the CS pyramid, it is not appropriate to rate economic, legal, ethical, and philanthropic responsibilities with different importance. Each of them should be treated with the same importance, developing a strategy that manages to address each type of responsibility. Carroll's view on CS, mainly referring to the pyramid he developed, is considered by some as a limited approach (Visser, 2005).
3. In the MG over case, it is obvious that the government was surpassed by the situation and by the private players involved in this business. The government was unable to help the company maintain its activity and most of its employees, and this was admitted by the…
1. Carroll, a. (1991). The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders. Business Horizons. Retrieved February 10, 2010 from http://www-rohan.sdsu.edu/faculty/dunnweb/rprnts.pyramidofcsr.pdf .
2. Visser, W. (2005). Revisiting Carroll's CSR Pyramid. The University of Nottingham. Retrieved February 10, 2010 from http://www.waynevisser.com/chapter_wvisser_africa_csr_pyramid.pdf.
3. Pichet, E. (2008). Enlightened Shareholder Theory: whose interests should be served by the supporters of Corporate Governance? BEM -- Bordeaux Management School. Retrieved February 10, 2010 from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1262879 .
4. Smith, J. (2003). The Shareholders vs. Stakeholders Debate. MIT Sloan Management Review. Retrieved February 10, 2010 from http://sloanreview.mit.edu/the-magazine/articles/2003/summer/44411/the-shareholders-vs.-stakeholders-debate/ .
CS programs, according to Berenbeim (2009) must be integrated with the company's business ethics, and that companies must have their own "corporate ethics brand." This call for a corporate ethics brand stemmed from the fact that while CS programs are developed to benefit and improve the business's community, it is also primarily a program geared to invest in "public capital" to "enhance the value" of businesses with respect to the community. In the same way that the community is dependent on companies for employment and their services/products, companies are also dependent on the community to ensure that their operations will continue through a more than sufficient manpower supply and continued support for their products/services, hence, a holistic view of the corporate ethics brand.
Berenbeim, . (2009). "Defining the corporate ethics brand." Ethics World Website. Available at: http://www.ethicsworld.org/ethicsandemployees/viewsandanalysis.php#def
"Business ethics." (2009). London South East Website. Available at: http://www.lse.co.uk/financeglossary.asp?searchTerm=business&iArticleID=2420&definition=business_ethics.
Berenbeim, R. (2009). "Defining the corporate ethics brand." Ethics World Website. Available at: http://www.ethicsworld.org/ethicsandemployees/viewsandanalysis.php#def
"Business ethics." (2009). London South East Website. Available at: http://www.lse.co.uk/financeglossary.asp?searchTerm=business&iArticleID=2420&definition=business_ethics .