Introduction The terms ‘net income’ and ‘total assets’ have been defined in this write-up along with notification of the financial statements where these terms are found. Further, the components of those financial statements, namely the income statement and balance sheet, have been described in detail hereunder. Net Income Net income...
Executive summary Planning and organizations are inextricable. Organizations often find themselves planning in one way or another. The budget is the most common planning tool not only in the business organization but also in nonprofit making institutions and the government sector. A budget is a document that contains projections of...
Many feel that the current tax system is both unfair and complex. No tax is paid by some of the richest people in America , while a large amount of the tax burden falls on the rest. A mere look at the tax structure corroborates that it is far too...
The global financial crises unraveled in mid-2007 and early 2008 when the subprime mortgage crisis burst the bubble after a great period of economic boom, causing great stress and a complete breakdown of the financial markets in the U.K, U.S of America, and then later on the entire world. It...
The introduction of Euro has brought in many significant changes in the European Economy. The most noticeable of them all is the economic integrity brought by the introduction of the Euro. The positive effects are not restricted to economy but they also positively influence the political climate in the European...
Introduction The case is based on the industrial development of global auto industries from the perspective of strategic marketing, which impacts on the globalisation process in trade and investment policies for leading automobile companies. Marketing Strategies and Key Success Factors of Major Suppliers to be Successful in Global Auto Industry...
Introduction There is a big relationship between the USA dollar and the Japanese yen in many aspects and this is well illustrated and before the yen started to emerge as a safe haven, for instance, the Japanese yen and the Fed had the same policies to support the dollar especially...
This paper discusses traditional and new product costing techniques that have been developed over time. Furthermore this paper will also show how these techniques can be used in the healthcare industry. There are several costing techniques used, some of them traditional while others are quite recent findings. Some of them...
Abstract Information system management is a very important process for both private sector corporations. Good management practice requires important tools that facilitate strategic planning and management so as to archive the desired objectives of the organizations. AT&T being one of the successful organization requires outsourcing as an innovative an important...
Introduction The emergence of the Information Age imposed certain challenges on society, and in that regard, these challenges can enforce realities in which people have to cope with the unprecedented growth rate of information expansion (“Presidential Committee on Information Literacy: Final Report,” 1989). Looking at these realities, the dependency on...
When the economy is robust, there are advantages in buying any equipment. With the economic downturn the credit market tightens which increases the cost of debt. Therefore, any decision to buy or lease should consider the impact on the profitability of the business before arriving at the decision. In case...
At the beginning of the 21st century, IT is viewed as a strategic tool that helps organizations to expand their activities and increase profits. IT outsourcing is often seen as an opportunity to provide a competitive advantage and increased value for the enterprise. The absorptive capacity based on appropriate technology-related...
Importance of Human Resource Management Human resource is an important aspect in any workplace as it is the essence that carries the goal and objectives of various tasks to their end. The world has moved from the traditional use of labor where man-hours were what counted regarding how much work...
Information System Planning or IS Planning is a much important aspect of an organization in today’s world of constant change. Change Management is an integral part of the corporate fraternity these days and that too with reasons. In general sense it can mentioned that Change management includes assessment of changes,...
Introduction This assignment has two parts and the first part is to review the journal articles and summarize them and the second part is the research essay derived from the literature review. Assessment 2 (Part A) Josephs, R. (2009) Effective Management Controls. Journal of MCB UP. 1 (4). Pp 30-33....
Executive Summary In order to enable the user to see the business “through the eyes of management’ by studying the of the financial statements, operating segment information has been made to be presented externally in the same way the information is presented to the top management of the entity internally,...
Introduction It is paramount that every government conducts an economic analysis of the country. Economic analysis refers to a systematic process of determine the effective utilization of resources. The analysis involves a comparison of a number of alternatives in attaining a specific objective. For efficiency, there are a set of...
In the management of human resources of an organization, there are a number of functions which have to be performed by the human resource department. Some of these activities are recruitment of potential candidates, selection of the qualifying ones, choosing whether the staffing of the organization can be done by...
Introduction Competitiveness in the business sphere is an issue of high demands. Financial markets show harder requirements for the companies, where to achieve desirable profit the companies might consider entering new areas in business. It is accepted that using powerful analytical instruments, the companies would be able to choose the...
Outline The following report is about the twenty eight week co-op experience that I had the pleasure of being a part of. It contains an Introduction of Morgan Stanley with reference to the Investment Management department. This is followed by a theoretical presentation of various valuation techniques and analysis of...
Introduction This paper would discuss the present financial condition of the two companies those are willing to be merged. The paper along analyzes their cash flow and debt equity ratio to making decision of merging by LEI with Shang-Wa. It should be evaluated first by analyzing the situation, develop end...
Introduction Economic growth is the constant rise in a country’s creation of goods and services over a certain period. It is characterized by a general improvement in the living standards of the citizens. Rahman et al. (2018) view economic growth as “the most powerful tool for creating jobs, reducing poverty,...
Many companies are expanding their business activities into foreign markets to explore opportunities inherent in the international market. To succeed, a multinational corporation may have to pursue integrated, global strategies to exploit its full potential, make aggressive investments, and manage its operations carefully (Hout et al., 1982). In their article...
Introduction Every company, including start-ups and giants in their business industry, is likely to face certain risks related to different aspects of its activity. Therefore, an effective risk management strategy is essential to ensure the successful performance of an organization. Risk management can be described as the process of identifying...
If a country is gaining from free trade, then firms must be maximizing their profits. The statement is valid. Free trade between countries means fewer trade restrictions like tariffs and import duties on exports and imports. There will be higher trade volumes due to the easiness of conducting trade. There...
Business internationalization is a process that contributes to the gradual transformation of a company from a local to a global player in the respective product markets. Through internationalization, the company crosses the borders of one country and expands its business to a new market or the markets of several foreign...
Leadership is the ability to control the achievement of objectives by a group. Almost all companies in the world, regardless of the industrial scope, need good governance for them to succeed. Studies have proven that there is a significant relationship between excellent leadership training and financial output, specifically in business...
An unhealthy, toxic, or strained environment can significantly damage an organization’s productivity and affect the employees’ motivation. In the case study of Kaluyu Memorial Hospital, one can see that a variety of factors affect the staff’s performance and their internal communication. It is vital to assess the situation at the...
Leadership Interview Introduction to the Interview Leadership as a broad and multifaceted concept has been investigated by scholars engaged in various fields and industries to the fullest extent. The development of several leadership theories that apply to numerous industries and organizational types has allowed for the construction of a substantial...
Introduction Since 1972 – the time of normalization of bilateral ties between the United States and China – the relations between these two countries have gone through different complex periods, with evident “economization” of the strategic agenda. After the cooling of relations in 1989, the role of a “lifeline” for...
Abstract Current research on macro trends that influence customer decision-making strategy focuses on product presentation and the role of social media. Factors, including the economic status of the surrounding population, culture, consumer behavior, and demographics, play a critical role in determining the purchasing decision that consumers can make. Social media...
Leadership is a natural gift and cannot be developed The phenomenon of leadership has been an object of scientific and practical interest for a long time. Sociologists, psychologists, and management specialists study it, but there is still no common understanding of the content of this phenomenon and the mechanisms of...
Introduction Leadership is the actual social influence process within an organization or in public, which increases others’ efforts towards attaining a goal. Numerous researches have been conducted to examine the relationships between the trait and functional leadership approaches. Most scholars in the U.S. and the world, in general, have developed...
Monetary and fiscal policies are elements of economic control that the government uses to balance it. Most often, changes in these policies occur simultaneously to achieve more likely and faster results; however, they can also be used separately for most cases. The U.S. government decisions in 2019 and 2020 demonstrate...
Introduction Ruigrok and van Tulder claimed that large companies who perform operations globally are, in fact, not truly global (159). This statement was made more than 20 years ago when international relations and trade were on a completely different level than they are now. Yet, the general rules of internationalization...
Introduction The success of an organization is defined by various characteristics. They include both external and internal aspects of its activities as well as the coordination of its work. One of the examples of manufacturing companies that managed to coordinate their business operations in the most efficient way is General...
Introduction Entrepreneurs should make informed decisions before selecting the most appropriate entry strategy when they plan to invest in a given industry or sector. Since there are several options to choose from, companies need to identify the best model that has the potential to maximise profits and succeed without incurring...
Introduction Business ethics is a relatively new area of science, which has already attracted ample attention among scholars, directors, workers, and consumers. The main issues that business ethics deals with are building influential corporate culture, resolving ethical dilemmas and conflicts, developing leadership, and providing corporate social responsibility and sustainability in...
Introduction Opportunities to address current consumer needs and promote specific categories of goods and services may be achieved successfully not only due to effective business models but also adequate marketing programs. One of the main principles of product promotion and maintaining customer loyalty is to support brand value through appropriate...
Abstract The present essay seeks to answer the question whether economic growth should be constrained by the consideration of environmental and social development. The latter two elements make part of the sustainability concept that has gained a great deal of traction in the last few decades. The brief historical overview...
Introduction The financial system of any state is a complex mechanism that is created with the primary goal to cultivate the stable functioning of the country, and protect its citizens by offering solid guarantees and controlling the inflation level. Because of the complexity and scope of these tasks, there are...
Introduction Money has existed for thousands of years, and its value, management, and production have been increasing in intensity and complexity. In the last few centuries, money has become the primary medium of exchange in economic transactions. Its value has evolved from aiding business transactions to the central controller of...
Introduction Global food production and distribution have become a politicised matter, which determines the overall access to food by different countries. The current global food system imposes unequal access to food. Recent food crises mostly impact least developed countries but also have an overall influence on global food security since...
Introduction The tourism industry in the United States is booming, as the number of domestic and international tourists grows at a stable rate. Even though domestic travel spending is accounted for 80% of the industry growth for the last five years, international travelers spent $7.7 billion in Miami alone between...
The Kingdom of Saudi Arabia is the largest state on the Arabian Peninsula. Borders on Jordan, Iraq, and Kuwait in the north, Qatar and the United Arab Emirates in the east, Oman in the southeast, and Yemen in the south. It is washed by the Persian Gulf in the northeast...
It might be assumed that the housing sector of the economy is a crucial aspect to consider while assessing the state of the art of a country. Hence, it is essential to understand the factors that affect this part of the economy to predict shifts that may cause substantial changes....
History The occurrence of financial crises led to major changes in terms of policies and regulations. These regulations bring changes in the market and might disrupt financial institutions operation. Kling (2009) opined that financial regulations elicit responses from the firms in the private sector seeking to maximize returns within the...
The first week was dedicated to the phenomenon of conflict and the study of various theories of conflict management. People’s differences of opinion, inconsistencies in perception and assessment of different events often lead to different situations (Wallensteen, 2018). Conflict should be perceived as a lack of agreement between two or...
Abstract Outsourcing a long-standing approach in the business world, however, it did not reach a widespread use these days. The introduction of outsourcing practices into the current market is considered as an essential tool for enterprises. With regard to its general notion, outsourcing is the execution of targeted operations by...
Executive Summary Child labor has been recognized as a pervasive issue and a threat to children’s mental and physical well-being all around the world. Working children are at risk of developmental delays, social isolation, depression, and undereducation. The problem exists due to the soaring rates of poverty in developing countries,...
Understanding the costs needed to manufacture a product or provide a service is indispensable for any organization or company. Given the specificity of Universal Drones, Inc.’s and VectorCal’s business, a significant amount of costs is spent on materials and research and development required to produce drone navigation systems. Costs associated...
Money has been around since ancient times. Indeed, the monetary system was not as developed and advanced as it is now. There were indeed no banking accounts, electronic transfers, stocks and shares, but the nature of money and its purposes remained the same. If we look even thousands of years...
Introduction Globalization is the mechanism through which local societies, cultures, or economies become integrated worldwide through communication in business. Various factors control globalization. They can be grouped into; economic, political, socio-cultural, biological, or technological. Several international institutions have been founded to oversee the process of globalization. The International Monetary Fund...
A brief historical background The Dubai Financial Market was founded on March 26, 2006, and since then it has attracted approximately 61 companies in Listing as of the year 2012 (Tradearabia.com, 2013). Most of the companies listed on the DFM are based in the UAE although other regions are also...
Introduction The growth of an economy is measured by the rise in the GDP in a country’s financial quarters. Therefore, an economy is considered to be in recession when its GDP reads negative in two or more consecutive quarters (Amadeo, 2011). Nonetheless, the decrease in economic activities in an economy...
The importance of CSR Smith asserts that a company’s reputation is largely influenced by its CSR programs (par. 3). Any company that engages in corporate social responsibilities builds a good relationship with the surrounding population hence influencing their loyalty. Last year, Microsoft was named the best company in Corporate Social...
In my research proposal, I will be discussing employment morale, what specifically it entails and what the steps are in achieving the best morale possible. When considering a work environment, either a business, a corporation, or any other company, it is important to consider the moral attitude of the employees....
The terms ‘quality and ‘quality management have been commonly used in the business world in the last two decades. This is because of the great significance that they have on organizations. In fact, quality management is the secret behind the most successful organizations around the globe. Total Quality Management (TQM)...
Marketing refers to the process of recognizing and satisfying human and social needs (Kotler and Keller, 2006). The approaches adopted with the aim of achieving successful marketing are referred to as marketing concepts. Nowadays, successful marketing calls for clear-cut and proven marketing concepts that are capable of achieving profitable and...
Introduction The monetary policy influences the financial and economic decisions made by people. Be it purchasing a new house or putting savings in bonds, the stock market or banks. This paper discusses the basis of the monetary policies by the Fed in 2001 and 2004. It also discusses the effects...
Introduction Lantex Manufacturing Company Limited is a textile manufacturing company established in 1918. The company has a wealth of experience in textile management with elaborate supply chain management. Strategic Supply chain management has made a tremendous move from cost focus to customer-oriented and currently to strategic focus. The burning need...
Leadership and management are intertwined organisational concepts. However, the two concepts are not entirely similar when they are perceived in terms of operations and strategic processes in organisations. The differences between management and leadership are best demonstrated by the basic definitions of the two concepts. Cole (2004) defined management as...
Despite the opinion that the stock market is for big investors, it is also a good investment opportunity for the smaller investor. It is a way to increase one’s income, and further invest in different stock or business opportunities. While the institutional investors have the capital and influence in the...
Confirmation of a Letter of Credit A letter of credit is one of the instruments of exchange that is mainly used to facilitate import and export transactions. A letter of credit is an instrument of exchange that is issued by the buyers bank (TD 4). In this transaction, the buyer...
Introduction The Global Financial Crisis is an ongoing issue in the present day. This crisis led to a myriad of consequences in the years 2007 and 2008 (Gambacorta, 2009). This crisis is in line with the stock markets of the entire world that continue to diminish. In addition, there were...
Product quality dimensions are those characteristics or properties product of a firm. These properties may be durability, portability, reparability and the general outlook of the product. On the other hand, service quality dimensions are those characteristics that define staff of a firm. For instance, staff might be described as being...
The implementation risk has three components, project size, technological experience, and volatility of requirements. There is a greater chance of risk in a situation of implementing a large project. In a large project, the risk can be in terms of budgetary requirements, number of staff, number of departments involved, and...
Introduction: Topic selection and reasons United States has been a good place for foreign investors. The steady growth and strength of the economy has made US an attractive destination for foreign capital. The GDP has recorded a steady growth for the past 31 years (between 1983 and 2013). The rate...
Introduction Google Corporation is an American company that provides one of the most powerful search engines in the world. It processes around 70% of all online searches over the world. Apart from its main function, Google also provides a wide range of other services. For instance, Books, GPS navigation, translation,...
The article published by Yujuico and Gelb (2010) is titled Better marketing to developing countries: Why and how. It was published in 2010 in the Business Horizons journal, vol. 53, no. 5, pp. 501-509. It is focused on discussing the issue of improving the marketing in the developing countries such...
Introduction Since the formation of the United Arab Emirates, the country witnessed considerable development. Just over half a century the country was considered not an economically active region. However, with the sources of energy, came the economic changes. But although the discovery of oil and gas made a significant contribution...
The subprime mortgage crisis is the event, which has started in 2007 in the USA, with a powerful unfavorable influence on the mortgage industry, and has led to the wave of foreclosures, the collapse of the significant number of lending institutions, and the further global financial crisis. Many experts and...
Introduction International trade involves the exchange of goods and services beyond the borders of a country. In other words, trade between countries consists of an international trade (Carbaugh 7). The geographical differences between countries lead to different potentials in the production of the agricultural products, processed goods, services, and technology....
Introduction Economic concepts help nations understand the trend in the changes in economy by analyzing the behaviors of economic agents. The agents of the economics are individual households and firms. This paper discusses oil crisis as explained by Udland in his article of ‘Oil falls back below $78 after OPEC...
The role of HRM and HR managers has evolved over the years. HR managers are now held in higher regard than they were in the past. Scholars have shifted their focus from examining the position of HR managers to analyzing the specific roles that they play in an organization. There...
Corporate Strategy Walt Disney is a renowned company in the motion picture industry. The organization produces a wide range of films that are suitable for family viewing. The production of quality family material has placed the institution in an ideal position within the film production industry, hence its success. The...
The Federal Reserves. The Securities Money market and capital market are closely related though they have notable differences putting into consideration the period by which they both mature. Money markets are financial securities that have a short term maturity period normally a year or less (Miranda, 2012). This is considered...
Job Description of a Project Manager The role of the project manager is to plan, coordinate, execute, and finalize the projects specified in order to fulfill its requirements. As a result, the managers get the required resources like labor and capital then organize them in order to produce the required...
An IDP (Individual Development Plan) is a tool that is essential for personal growth. Again, personal development plan is a tool that will smooth the process of development. As Abraham Maslow puts personal development is a desire to turn out to be more and more of yourself, to become everything...
Background of the company Walt Disney Company is a worldwide leader of family entertainment. In 1923, Walter Elias founded 1923 The company, “together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with four business segments, these are, media networks, parks and resorts, studio...
According to Capodagli and Jackson, there are motivational and leadership strategies that Disney Company uses to keep its employees motivated. Disney management team believes in motivating employees to achieve the best from employees and the organization (Capodagli and Jackson, 1999). The company encourages its employees to strive and improve their...
In today’s ever-changing economy, maximizing profits in competitive markets may prove difficult without the understanding of a competitive market’s defining characteristics. In this essay, competitive market features are examined, highlighting the effect they have on managerial decision-making and profit maximization strategy. The main characteristic that defines a competitive market is...
Introduction An international retail leader, Walmart is one of the largest international retail chains and operates more than ten thousand stores in twenty-eight countries. As a global company, it tries to achieve cost leadership through product distribution and advanced information systems. Their market saturation strategy helps retain competition and the...
The role of top-level management in organizations cannot be overlooked—leaders guide the business and make strategic decisions that move their company forward. Therefore, retirement is a significant step for any CEO or top manager—when leaving the firm, these individuals often take their ideas with them, and the appointment of a...
Today’s dynamic business world is compelling companies to seek state-of-art solutions to gain competitive advantages over their contenders. The intricacy of supply chain management calls for a system that would help the organization seamlessly integrate all the business processes and be able to share information with its stakeholders. This can...
Leadership Traits Research in psychology has helped to identify traits that many leaders exhibit. According to Dinh et al., one of the personality traits that differentiate a leader from other people is self-control (41). Famous leaders are tolerant, emotionally intelligent, and composed, particularly when they are under immense pressure. They...
Introduction Enterprise resource planning (ERP) systems allow for a more streamlined process of managing finances, inventory, and human resources of companies. By choosing an open-source system, a company may adopt it to its own needs. Small and medium-sized businesses may especially benefit from utilizing such systems because they are often...
Introduction Risk governance and risk management allow businesses to identify strengths, limitations, threats, and opportunities of their current and future projects. Examining how risk governance can influence project outcomes and success is a useful task that could potentially strengthen the competitive advantage and ensure that a company reaches the objectives...
There is a statement saying “the customer is always right”. It is not true. However, customers have some expectations, and the main aim of sellers is to give customers what they need in a very polite way. It is important “to set expectations, or if necessary adjust them, to ensure...
Introduction Over the last decade, there has been an increasing transformation of the world economy, namely the determinants of development, interdependence, and appearance of new players in the global economy. The world energy market is particularly sensitive to these alterations, while it is a catalyst for change, but it is...
Introduction Economic growth is referred to as the growth of real gross domestic product (GDP) over time. Although several financial crises have hit the global economy, it still shows a positive trend. This paper aims to examine the current world’s economic growth and some of the factors that impede it....
Research Methods The research question related to the role of oil prices in the economy of the United Arab Emirates cannot be answered without reviewing accurate statistical data and the conclusions of academic researchers with degrees in economics. Due to that, it was decided to choose the method of literature...
Abstract Executive compensation is significant in modern corporate governance. This paper provides an overview of three of the most widely used theoretical frameworks for describing executive compensation, which is the value, agency, and symbolic models. A critical assessment of the three theoretical approaches indicates that their application in explaining executive...
In order to execute changes effectively and devise the right tools and processes to do so, leaders should understand and prioritize the needs of organizations and individuals working in them. It was revealed during the needs assessment that to enhance teachers’ first aid skills and competence, the school must provide...
Introduction Essentially, public administrators must use funds allocated to them in a proper way. These funds should only be used for the purposes, to which they are intended. This calls for proper accountability and responsibility to avoid misuse of funds. And, in doing this the state government is able to...
Latin American countries had different approaches in liberalizing themselves to trade. Chile opted for a fiscal policy that was aimed at encouraging ties with other countries through a reduction in trade tariffs and engaging in trade treaties with the Northern American countries. The effects of such policies led to an...
Key Points Sustainability – Focus on the Environment – Going Green: Tobacco companies have invested heavily on programmes that support environmental and social factors to facilitate sustainable development. The need to create environmental awareness has been taken seriously by investors in order to improve the livelihoods of communities. Some people...
Innovations are a continuous process that occurs in our daily life. Therefore, innovation in knowledge management is one of the avenues that it is realized. Knowledge management is collection of processes governing the creation and utilization of knowledge. It enables individual’s team and entire organization to have a collective and...
The well-known coffee company Starbucks becomes popular not only in the USA. The company keeps on coming up movies and televisions shows and, therefore, it has become necessary for the company to expand into the global market place. There is a great concern that Starbucks might have reached plateau phase...