Business Practice College Essays Samples For Students

A & F Ltd.: Integrating Learning into Mashup Implementations

I. Introduction
Organizations are learning differently. Compared to a conventional model by which individuals, work groups and whole organizations used to learn new business processes, current business practice has opened up new potentials for company-wide learning enabled by ICT platforms and applications. The growing collaboration, communication and sharing learning (and fun) experiences in current business practice is, indeed, both evolutionary and revolutionary. The learning behavior of operating businesses is evolutionary by phasing out older modes of learning (e.g. formal professional development, meetings and water cooler chats) and implementing similar platforms and applications (e.g. interactive, collaborative, user-friendly wikis). Thus, by ...

The concept of consumer protection can to be summarized as all efforts in developing structures and legal responses to outrage and crises developed by consumption of substandard products. Americans have in the past been subjected to consuming products that are a dangerous to the health. Once the dangerous nature of such products is known to the public, public outrage is usually the first response and such outrage is usually directed at any form of government, either federal or state. To this end, several government agencies and bureaucracies have been developed to address protection of consumers. These agencies have either federal ...

Conflicts of interest encountered while practicing competitive intelligence

Competitive Intelligence has come to occupy an important space in the modern business and industrial landscape. The need to identify threats and opportunities and be prepared to tackle them when they arise has necessitated gathering of competitive intelligence.
However, the process of gathering competitive intelligence also involves taking ethical decisions. Gathering of data for competitive intelligence and analysis is fraught with ethical challenges, wherein one needs to be sensitive to the ways and means of gathering competitor data and whether these are in consonance with principles of ethical business practice.
For example, Business Ethics Magazine reported an ...

Introduction

Economic irregularities have led organizations to rethink their strategy regarding mega-mergers. The question that each international business organization is asking itself is whether to merge or not to merge. Mega mergers are losing its spark and constantly fading as the time is passing by. For over half a decade mega-mergers have become rare due to which organizations are forced to rethink their strategy and tactics regarding mergers. As the success of international business organizations depends highly on this particular strategy, organizations now have to chose their own path i.e. whether to bear the burden of negotiations and integration or to ...

Leading & Managing Organisational Change: A Reflection

I. Value of Subject Experience on Capacity to Lead & Manage
The current business practice involves numerous complexities in organizational development and change areas. If anything, evolving practices, a more dynamic workforce and, of course, ever changing ICT implementations which enable collaboration and communication – all contribute and inform how organizational development and change are understood, adopted, maintained and sustained. Accordingly, proper knowledge of and practical experience in optimum organizational development and change strategies, policies and practices are most critical not only to survive in current business practice but also to sustain a healthy, if not innovative, organizational makeup. For current ...

Julie ThérondManagerial Decision MakingSebastian Krook17 October 2014

How can Ethical Decision Making be Achieved

Ethical decisions play very significant role in success of any business. Managers who make ethical decisions may not appear making huge financial gains instantly but these decisions ensure long-standing success of companies. Managers make a positive image and reputation of a company through taking ethical decisions. Managers ensure a huge and loyal customer base by taking ethical standards which ultimately garners monetary gains. Such gains sustain for a long time and managers, through skills of taking ethical decisions, benefit their organizations in several ways.Ethical decision making impacts all stakeholders directly or indirectly involve with the ...

The article talks about a meeting among executives of chemical company in China. The Almond Chemical Company was able to do business in China by having a 51% stake in Chongqing Chemical Company. The company being a foreign one, had established its business in China, and implemented its practices based on the European standards. However, this has not been easily accepted by most of the executive in Chongqing Chemicals. The executives were in the view that most of the standards applied in China were somehow wasteful and expensive. Additionally, based on the European standards, operations were much more difficult. Since the Almond ...

One of the fundamental concepts for high performance service in the hospitality industry is the practice of continuous improvement (King and Cichy, 2006, p. 41). Continuous improvement is a concept first applied to business by Dr. W. Edwards Deming, who was aiding in rebuilding the Japanese business structure after its defeat in World War II (Bhuiyan and Baghel, 2005). Continuous improvement, also known by the Japanese word kaizen, is a business adaption of an attitude commonly found in Japanese culture, which seeks to make sure everything runs as smoothly as possible. Continuous improvement as a business philosophy describes an approach where all ...

Developing an effective top team

Gone are the days of the superhuman Chief Executive Officer (CEO). Contrary to the contemporary business practice, some decades ago the Chief Executive Officer was the single most important determining factor of the success or otherwise of the organization (Zizhi et al 2012). He was the chef decision maker and the authority that oversaw implementation of such decisions. He oversaw all the operations and activities taking place in the organization. In a nutshell, the chief executive officer was the final authority within the organization. At that time, the CEO was seen as being high above the laws and regulations of ...

Ethics and business finance

1. How does ethics factor into thinking about finance as a method? What key questions do managers need to ask as they perform a financial analysis of a project?
Finance is one of the most important methods of any business practice and ethics is a crucial element of all this. The recent situations regarding capital greed and financial impropriety have all shown us that no holds barred capitalism without any sort of ethical considerations is extremely damaging to society as a whole. This means that when conducting financial transactions, ethics needs to be at the forefront of any sort of decision making. The ...