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Business Essay

Developing effective teamwork in organisations by considering the organisational structure, culture, employees motivational and leadership aspects
On the other hand the organizational structure of General Electric demonstrates a product divisional structure. The multinational organization is structured according to the product divisions which exist across the world. General Electric has product divisional structure mainly on account of its wide and diverse product ranges in which the user markets as well as the technologies very to quite an extent between the various product groups (John & Gillies, 1996, p. This structure is especially
Pages: 12 (3000 words), Essay
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Defending a Budget
Were regular inspections carried out by officials of the department on fire and life safety division (FLSD) where 92 hazards were noted and immediate action was taken to rectify the situation (Fire-Rescue, 2012).The current amount in the budget is sufficient to cater for the emergency responses and other off-emergency activities the department is responsible for. Currently, my department receives and attends an average of two incidents every week. We have always ensured that the emergencies are
Pages: 5 (1250 words), Essay
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Drug Companies Monopolies, Profits, and Ethics
Moreover, nine out of ten drugs have a price increase of around 200 per cent which makes 21 times higher prices than the original value. The most common price increase was related to the three types of drugs including anti-infective, cardiovascular and central nervous system drugs (Hoskins, 2012).Patents are intellectual property rights and this is granted by the government to the company for the purpose of preventing others to copy its new invention. In the drug industry, the patent is given
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Digital marketing presents opportunities and challenges to organisations
In addition, digital marketing could be a simple tool for companies since the ‘digital’ feature of marketing allows further technology advances. Because the Internet facilitates two-way communication directly and quickly, implementing digital marketing strategy can occur faster than earlier marketing tools and are at times less costly. The best feature of digital marketing is its ‘instantaneousness’, hence allowing quick response from customers (Morris 2002, p. On the other hand,
Pages: 6 (1500 words), Essay
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Discuss the impact macro factors may place upon your chosen organisation in the future (1-5 years) and how the organisation may positively manage this
Organization can manage this by adopting a high level differentiation of its product in order to continue increasing brand loyalty of its customers thus counter checking the wave of these new entrant in the market. Also it need to tighten its means to achieve more economies of scale so that in future they can offer their product at a lower cost than these other young companies in the market. These changes will help Tesco to continue dominating the market.Another factor that may affect the
Pages: 4 (1000 words), Essay
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Discuss the statement Creativity plays an important role in economic competitiveness of advanced economies. Use a company of your choice as an example to debate this statement. You will need to consider the following as part of your discussion:
All business activities is certainly a big challenge for the management of any firm and Unilever has understood the importance of creativity to its core and that is why the company has been able to expand across most parts of the world. It is the spirit of creativity that has made the company a consumer giant with billions of customers buying its products globally.The global competitiveness report publishes country-wide index of economic creativity that defines how countries through their firms
Pages: 8 (2000 words), Essay
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Discuss how job redesign can improve organisational performance
Gitman and McDaniel (2007:323) have called this “investing in people” which includes four trends called employee “education and training, employee ownership, work-life benefits, and nurturing knowledge workers”. Bilton (2007:71) suggests that job redesign must empower the first-line entrepreneurs instead of controlling them, and that it should give “greater autonomy and flexibility” to the employee, as there are commercial reasons for it like achievement of business goals.Tella,
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Discuss the pricing strategies of multiple retailers
The store researched on is a family run business and has been around since the 60s. The local populace especially people aged 40 years and above derived a sense of affiliation to the corner shop as they had grown with it. One key characteristic of monopoly is brand affiliation. One of the older customers who had been in the area since the 70s felt that every time he was in the shop; memories of his youth were rekindled. Similar connections are derived by many other customers. His only concern
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Develop a Basic Marketing Strategy
This may also may prove a problem for newer markets.One threat for Apple is the legal problems that may result in operating in Hungary. Hungary is an emerging economic powerhouse that is still trying to stabi8lize itself with various legal structures. Some of the laws such as tax policies may affect Apples operations in the country.Another challenge for Apple Inc is the popularity of a new mobile Operating System, Android that is gaining popularity in Hungary and other markets in Europe. This
Pages: 4 (1000 words), Essay
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Discuss the powers and duties of the directors of listed companies in light of the agency theory and discuss to what extent, if at all, an increase of shareholders powers vis--vis directors is desirable
Corporate governance and legal requirements of company law aims at reducing and mitigating the costs of such conflicts of interests. In other cases, directors have been faulted for acting on their personal selfish interest that benefits them and disregard the interest of other stakeholders. This paper aims at looking at the whether an increase in the shareholders powers vis-à-vis that of directors is desirable.Agency theory identifies the various forms of conflicts that arises between the
Pages: 10 (2500 words), Essay
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Derivatives and risk
When used to hedge risks, derivative instruments transfer the risks from the hedgers, who are unwilling to bear the risks, to parties better able or more willing to bear them. In this regard, derivatives help allocate risks efficiently between different individuals and groups in the economy (Hull J.A futures contract is an agreement between two parties to buy or sell an asset at a certain time in the future at a certain price. Futures contracts are special types of forward contracts in the
Pages: 12 (3000 words), Essay
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Do Pshycopaths Make Good Businessmen
Olster further presents the research work of Robert Hare, which utilized the PCL-R, a type of psychopathy checklist test in assessing more than 200 executives in 2010. According to the outcome of the study, psychopathy was linked with charisma, creativity, good communication skills as well as excellent strategic thinking as was re-emphasized by Dutton (Olster Para 7). Rao identifies strategic thinking, charisma, critical communication skills, calculated risk taking and high ambition among other
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Drawing on your experiences from this teamwork process, on academic literature and your personal reflections discuss the challenges problems and conflicts that may occur in teams. Are teams more effective decision makers and problem solvers than individua
Our team had five members, so a cross-cultural diversity was present since me and another person is from Qatar while the rest are from Egypt, Seychelles and China. Next sections provide a discussion of various issues that we faced when we had to work together and participate in an exhibition for organisation change. One of the first tasks for the team was to distribute various duties and activities that each had to take up individually, and contributions from each individual would form the
Pages: 8 (2000 words), Essay
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Do you agree that the concept of core values in International Relations is not being applied in its spirit in the Kingdom of Saudi Arabia Either way, justify your answer with the help of examples
The Kingdom’s unique position in Islam makes it crucial to a beneficial association between the non-Islamic West and the Muslim world (Brookes, 2007, p. Regardless of all the wealth that is possessed by the country, it still lacks the instruments that are supposed to assist it in meeting the overwhelming challenges that it faces including a restless youthful population, a rising generation of educated women seeking opportunities is a closed society, as well as religious extremism and social
Pages: 10 (2500 words), Essay
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Discuss how you think we should approach globalization
In addition, a number of international companies abandon their local resources in search of international resources (Varia 5). It is, therefore, important for these international companies to focus on developing local capacities or business ties with local firms and industries. According to Palmer (2002), it is the role of international businesses to participate in societal building activities and initiatives when called upon.Many people are forced to work under unfair work circumstances in
Pages: 4 (1000 words), Essay
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Delevoping countries port problems
These ports are the Port of Dar es Salaam and the port of Mombasa (Hudec, 2002). These two ports normally collaborate with each other, and this is regarding the security of ports, the delivery of products, and other issues regarding efficiency in the management of ports.The IMO is an organ that is responsible for writing and producing more than 60 legal instruments that are responsible for regulating the cooperation between its members, and the security of the sea. One of the most important
Pages: 6 (1500 words), Essay
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Do you agree that the concept of core values in International Relations is not being applied in its spirit in the Kingdom of Saudi Arabia Either way, justify your answer with the help of examples
Nations in the Arabian Peninsula , to fortify and strengthen the relationship with Islamic and Arab nations for the benefit of common interest of these nations , and to sort out their issues and to follow non-alignment policy, to maintain cooperation and good relations with the friendly nations and to plan an effective part in the regional and international organisations. Saudi Arabia’s international policy is footed upon four multilateral networks: the Arab community, the Gulf States, the
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Describe TWO of the Big Five personality traits (Extroversion & Openness) and consider the relevance of them to TWO jobs/occupations. Do you think these traits can be measured
The extroverts have at all time the idea with them and thus act immediately. They take pleasure in being with people, are jam-packed of energy, and habitually experience positive sensations. They have a propensity of enthusiasm, are action-oriented, individuals who are apt to say "Yes!" or "Lets do it!" to opportunities for exhilaration (Psychometric-success.Similar synergy is evident when extroverts are in groups; they often talk much, affirm themselves, and always trying to draw attention to
Pages: 7 (1750 words), Essay
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Doing Business Globally & Internationally
The customers regarding the location of their stores in different parts of the country while Kellogg can provide information regarding various aspects of their products (Yan &Luo, 20).Adoption of mobile technology for advertisement, purchasing and communication in the Chinese market is another driver of the joint venture. The companies intend to use the widespread mobile technology to advertising their products to different consumers across the country. The technology provides the company with
Pages: 12 (3000 words), Essay
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Developing business
However, the concept of value varies. For example, Golub, et al. (2000) discussed the value delivery to customers while Hartlen (2014) clearly states that the definition of value varies from the interest of one stakeholder to another. Hence, for providing the direction for value to the business, UN Global impact has identified five dimension of delivering value to the society. The five dimensions are depicted in the image below:All these collectively result in the value delivery in the
Pages: 12 (3000 words), Essay
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