Free Essays on Selling to Get Inspired & Learn by Example

Introduction

All businesses and organizations have an ethical reputation to uphold in the eyes of its stakeholders. Organizations and businesses have a social responsibility to adhere to in order to maximize a positive outcome for all shareholders and stakeholders in the business or organization. Wealth and economic value are to be achieved in business while abiding by all laws and also following ethical business standards and practices. A collection of personal consumer information is constant in today’s market and some businesses are using and abusing their consumer’s personal information. There are morally correct and incorrect ways of utilizing Continue reading...

Introduction

Getting an edgy and upper hand is essential for an organization as far as their core productivity and efficiency is concerned (Bagchi and Atluri, 2006). Those organizations which are able to compete with other organizations have to cover numerous aspects accordingly, and all of the aspects would be essential for their economic and strategic growth (Banchs, 2010).
In my view, Data Warehousing has now emerged as important elements that lead to give financial and strategic effectiveness to an organization. Organizations which are striding in this ambit are using the Data Warehousing Techniques for their future effectiveness, and among those Continue reading...

Introduction

Background of Organization
Lululemon is an international clothing brand that was founded in 1998 to cater to yoga practitioners (Shop.lululemon.com, 2015). The founder of the company, Chip Wilson, began teaching the first commercial yoga class in Vancouver and decided that there was something missing from the scene. As he continued teaching, he realized that there was a niche available for yoga clothing. At the time, much of the yoga clothing that was available was made from cotton blends; Wilson recognized the growing need for yoga clothing that was made from more of a spandex blend, as to avoid wicking Continue reading...

Ethics plays an integral role in shaping business values inherent for reducing risk and making ethical decisions. Therefore, business ethics allows the development of a code of ethics as a means to foster a culture of ethical selling. As such, the capacity to avoid elephants’ pits resonates with the incorporation of business ethics (Business Queensland). For example, it allows the seller to recognize the importance of honesty in business and offering accurate information to customers. In so doing, it facilitates marketing that prioritizes the needs of consumers and limits on misleading information, to attract and retain consumers. Also, business ethics allows the organization to sell products that are of the right quality and quantity in alignment with the price features to encourage them to return tomorrow (Business Queensland). However, failure to do serve as the stepping stone towards traps, given poor quality, misleading information, and improper communication with clients affects the prospects of the business. This means the code of ethics developed creates an understanding of the desirable and undesirable selling behaviors. For instance, business invokes practices, policies, and strategies that promote professionalism and guides a reputation for competitive advantages. Secondly, business ethics promotes standards of practice during marketing or sales (Business Queensland). This, in turn, limits dishonesty information and allows the employees to demonstrate ethical behaviors for fair trading. The action leads to the reduction of risk.

Continue reading...

The competitive edge of a business depends on a successful business strategy. Strategic management accounting is a kind of management where emphasis is given on the materials that relates to the external factors and information that does not relate to the finances of a firm. Accounting provides adequate information for the decision making process. Management accounting reflects the strategic approach of the business because most of the organizational strategies are completed using the prevailing data, which is majorly financial records. Management accounting has gradually improved over the past, which has led to the categorization of traditional and modern management Continue reading...

In the last fifteen years, the privatization of Canadian government services has grown. Privatization is the systematic transfer of government functions to the private sectors (Public Interest, 2015). One of the main reasons for privatization is to reduce costs at the same time maintain the quality of services offered. People supporting privatization argue that private sectors provide services more efficiently, and they are less costly than when under government operation. Government operations are at times considered to be ineffective and unresponsive to the demands and needs of the public (John Howard Society, 1998).

Forms of Privatization

There are different forms of privatization Continue reading...

1. Developing Pricing strategies
The pricing decision plays a significant role in the success of a company, because price of a product or the service deliver a message regarding quality of the product or service. Some consumers are price sensitive and others focus on quality. in order to develop the pricing strategies the firms set the price objectives, evaluate the product-price relationship, estimate the cost and other limitations associated with the price, analyze the profit potentials, set the initial structure of price, and change the price when required.
Further, the firms can set various pricing strategies such as economic Continue reading...

International Business

Multinational is a term that is made up of two different words, multi and national. Multi means multiple or great in number whereas the word national is referring to countries or nations. This shows that the term multinational means that it exists in multiple numbers of countries. A multinational company is such a company which has a main head quarter in one country but it is operating in more than one countries (Dunning & Lundan, 2008)
The multinational enterprises became quite common when they evolved and emerged after the occurrence of the Second World War. They were widely spread everywhere Continue reading...

Executive Summary

This report has been produced to review and analyze the role of the corporate strategy of Walmart Company in the project management, which is the largest retail company in the USA and belongs to the top ones according to the Fortune Magazine. Considering the challenging and extremely competitive economic situation, the management of the corporation focuses the current strategy on four key points:

Exceptional dominance in the retail market;

Expansion of the capabilities on the domestic and international markets;
Creation of the positive reputation of the company;
Addition of the new sectors of retail.
Project background provides scope, objectives and timeline of the corporate strategy Continue reading...