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Globalization is the act of a business, philosophies or technologies to spread to other parts of the world leading to an interconnection of the marketplace that is not limited by national boundaries or the time zones. Offshoring is the practice whereby firms and companies purchase their goods and services from abroad, instead of turning to the local providers. In offshoring, companies may also base some of their processes in the other countries so as to benefit from the low cost of labor and production in those countries. (Pierre, 2005) Many firms in the American economy have globalized their operations Continue reading...

The term “invisible hand” was first introduced by Adam Smith in 1776 through his book “An Inquiry into the Nature and Causes of the Wealth of Nations”. While it was not meant to become a theory as it is applied today, the application of it by many economists in their papers showed and proved its importance, which led to the idea into becoming a theory once and for all.

The Invisible Hand

A formal definition of the invisible hand may be taken from the Economic Times (n.d.) wherein it is known as the “unobservable market force” that brings demand and supply of Continue reading...

Should the government protect American jobs by imposing stiff penalties on companies that transfer jobs offshore by outsourcing or manufacturing in a different country?

Introduction

Outsourcing is a two edged sword. If a company does not use this weapon properly to cut cost and improve quality, then it may lag behind the competitors and may go out of business in no time. On the other hand, outsourcing accounts for the loss of a lot of jobs in the country from where the jobs are outsourced. It is difficult to conclude whether or not outsourcing is bad for a country. However, Continue reading...

Financial Consultant

Before starting the consulting business, it is imperative to discuss the actual nature of the job. A financial consultant is the one who is known in the given field with different names like financial advisor, financial planner and sometimes, personal financial consultant. The business and its very nature are related to sales of financial products. A financial consultant or advisor usually helps people to choose among different profitable investment opportunities, insurance and other numerous products of the financial industry. Apart from offering consulting services, financial planners help their client to fund their college education, plan their retirement and make Continue reading...

This paper is about analyzing Sprint’s HR strategy in the wake of massive organizational restructuring, reorganizing and network overhauling program. The researcher will start this paper with a brief introduction to Sprint followed by an assessment of industry situation, trends, competition, business strategy, and core issue as explained in the chosen article. The researcher will elucidate on the strategy that HR needs to embrace to support corporate strategy in stiffly competitive market environment. The paper also demonstrates the HR strategy implementation steps and alternate solutions that would have been undertaken by Sprint Corporation.

Analysis of business issue

Sprint Corp is the third Continue reading...

The goals of innovative policy are in explanation of the priorities and directions of innovative development; organization of innovative processes to ensure effective coordination of all subjects of innovation; assessment of the innovative capacity of the company; innovative activities; the selection and implementation of innovative projects that enhance the efficiency and competitiveness of the company; development of scenarios of companies’ innovative activity; concentration of resources in priority areas of development; and other activities to facilitate the implementation of effective innovation (Hisrich, 2010).

Introduction

Now everyone is talking about how they are going to change the world and make a lot Continue reading...

1.Company Selection: An Argument

Question 1

Answer: Apple remained a leading innovating force in the technological industry when Steve Jobs was alive and professionally engaged as well. He was significantly committed towards the well-being of his commercial child, but his demise had catastrophic consequences for the company because it became rudderless in innovational terms. The replacement of Jobs could not continue the winning streak that his predecessor established in the previous years and even decades. The best leader who the industry has known so far was an orphan, and therefore, he had developed a craze of proving his professional capabilities on Continue reading...

Environmental Analysis

Such was the case when the business phenomena that triggered the great depression and the more recent great financial crisis exploded and wreaked havoc on businesses, entire industries, and even on the world economy. In this case, the focus is on Chipotle Mexican Grill’s environment and the industry it is operating in. Chipotle is an international business that operates in the food and food services industry. Specifically, it specializes in selling burritos, tacos, and other Mexican foods and delicacies. For what it is worth, the company’s name is derived from the Aztec term for dried and smoked Continue reading...

Abstract

The United States of America has one of the most dismal criminal rate statistics. Many thousands formerly convicted persons are released annually. For the vast majority of them, especially for those who served long terms, successful re-integration to the society is often positioned as a task of considerable complexity (Alexander, 2011).
This paper examines the problems commonly faced by the ex-offenders in the housing, employment, electoral rights and possibility of military service contexts. They consider that after their release from the penitentiary institutions they “are rejected by the society, “unjustifiably stigmatized” and “all opportunities for a decent, well-paid employment Continue reading...

The modern world cannot be imagined without oil products: rocket fuel, road pavements and medicines, children toys. Russian oil industry is a strategic outpost of the country, the basis of economic stability and development of a modern economy. Giants of oil industry solve dozens of important tasks by developing systems of affiliated companies and organizations. Naturally, their business cannot run without the involvement of smaller oil companies that specialize in service delivery, drilling rigs construction and ancillary facilities, repair wells, pipelines and other specialized functions. With all the pursuance of versatility, natural monopolies have certain characteristics, given by the Continue reading...

Section 1

A. Job Task Analysis
Job Tasks/Duties:
1. Developing pricing schemes for the company.
2. Balancing company’s objectives to attain its target market sales.
3. Ensuring customer’s satisfaction through their marketing strategies.
4. Identifying viable marketing strategies that will fit the current market of the company.
5. Developing and evaluating strategies based on the knowledge of company’s objectives, market characteristics and cost and markup factors.
6. Evaluating the financial aspects of product development.
7. Formulating policies to promote products.
8. Directing and coordinating with promotion and advertising managers for the products and services to be endorsed.
9. Continue reading...

Many business entities operate with the sole goal of maximizing revenue and hence realizing profits. However, firms also exist to serve people in the society. In the recent years, there has a growing emphasis for firms to engage in sustainable business practices that empower people in the society (American Marketing Association, 2013). Specifically, firms have started adopting practices that preserve the environment and promote their business ventures. Firms have realized that engaging in sustainable practices helps they realize many advantages such reducing production costs, and boosting the company’s brand. This paper wants to explore sustainable-led marketing for Burgerville. Continue reading...

Introduction

According to the research China, America and Canada contribute more in the creation of the carbon dioxide. Factors such as emissions from vehicles, heat, electricity and other activities greatly contribute to greenhouse gas called the carbon dioxide. Carbon dioxide is considered to be the prominent greenhouse gas which adds to the climate change. Footprint denotes the impact of an individual in the community as well as to the world. When the carbon dioxide is joined to the term footprint, then the term carbon footprint is derived. Carbon footprint is the impact the carbon dioxide generated by an individual to Continue reading...

The recording industries loses billions of revenues to online piracy each year. The Recording Industry Association of America (RIAA) states that “From 2004 through 2009 alone, approximately 30 billion songs were illegally downloaded on file-sharing networks (RIAA, 2015). In addition to these numbers, since the introduction of Napster, music sales dropped from $14.6 billion to $7.0 billion in 2013. These are drastic numbers and the data confirms that there is a major problem with illegal file sharing and artists not be compensated for these losses. These are revenues that are never recouped by the music industry. Piracy and file Continue reading...

The business world is dynamic. Modern developments in technology and information have brought remarkable improvements in companies. However, production and trade comes with ethical considerations. Not surprisingly, physicians also face serious ethical issues. Indeed, codes of professional and ethical conduct inform the medical activities. Proper practice is vital in the manufacturing, marketing, and selling of drugs inter alia. This paper provides an analysis of ethical issues surrounding PharmaCARE. As well, it discusses various issues facing the American Superconductor Corporation (AMSC) about intellectual right theft.

Ethical issues relating to marketing and advertising

Marketing and advertising go hand-in-hand in the product promotion and market penetration. Certainly both involve Continue reading...

Introduction

Travel has long been a human obsession. Destinations far away continue to capture human minds. Travelers, returning from short or long trips for business or leisure, attract co-workers, family, friends and onlookers. In ancient ages, moving across borders, if any, used to be a privilege reserved for ruling classes. As means of people's movement across borders continued to evolve, leaving one's local community, and increasingly later, one's own country has become a matter of fact and increasingly easier. An account of a distant place has become, hence, a matter within reach, if not physically, virtually. Tourism – an economic activity Continue reading...

Quality Assurance

The human resource assets in an organization determine the failure or success of a business. Managing human resources effectively is one of the vital components of project management as managing people are a challenging and demanding task.
In this case, there is the requirement to hire instructors for a project management course. Some of the qualities used in making this hiring process include:
Observant and conversant: Instructors need to be observant and conversant with their teams. This is a requirement to determine how teams are performing task and how they feel about work or training. In the training sessions, Continue reading...

Term paper 2: Dunkins Brand Group

Term paper 2: Dunkins Brand Group

Dunkin Brands Group's current strategy seems to have been working very well despite the little challenges that come with its implementation. The company has franchised its restaurant business under the Dunkin's Donuts and Baskin-Robbins brands (Burke, 2012). Through this new model, the company has managed to franchise 100% of its business something has offered various financial and strategic solutions (Burke, 2012). This model has enabled the company initiate modern and more competitive marketing strategies, which seems to be more competitive than the traditional strategic approaches. The strategy also involves active menu innovation; franchise Continue reading...

1.0. Reducing (TCO) Total Cost of Ownership through SOA
There are ways that are adopted in order to reduce the cost of ownership through (SOA) service-oriented architecture. Some of the measures that come as a result of using SOA include; lowering the market cost, reducing the time to market, increasing agility and ensuring the application is consistent (Mason et al., 2010). Furthermore, SOA increases the usability, value, maintainability and ensuring lower redundancy. Many scholars have conducted forensic studies concerning SOA development, implementation and administration using different integrations with other systems such as SaaS, Oracle and enterprise technologies to ensure Continue reading...

As an office manager faced with the prospect of heading a dismissal meeting for employee layoffs, there are many factors that I must keep in mind. Layoffs can have a tremendous effect on organizations, as well as bring about a lot of negative emotions. People become very personally attached to their jobs, whether as passions or fundamental components of their livelihoods, and so the prospect of being let go is a hard one for many employees. This can lead to problem behavior that can be harmful to the company, particularly for employees that are informed of their termination prior Continue reading...