Business Operations Critical Thinkings Samples For Students

Business Communication

Business communication is defined as the process through which information and messages are disseminated between the major stakeholders of a business enterprise. The information is shared and conveyed through a variety of channels that are available in the business enterprise. Researchers have identified business communication as a very essential component that has to be established and developed between the management of the business and the employees and other stakeholders. Locker & Stephen suggests that for successful business operations, there is need to establish an effective mode of communication between the members of the business enterprise (Locker & Stephen 6). In essence, ...

Business

Business Strategy in the Global Marketplace
International, Multinational, Global and Transnational Corporate Strategies
International, multinational, global and transnational corporate strategies differ in various ways. The various levels of companies employ these strategies in their business operations to maximize their output or to remain in continual business operations. Under multinational strategies, the subsidiaries of the firm in the involved foreign country enjoy strong local autonomies of business regarding decision-making (Nirav, n.d.). Under the global strategies, the governance of the business is central and in a strong manner in order to reap the economies of scale through various global manufacturing and standardized ...

Introduction

Business operations emanate from the inculcation of plausible strategies in performance. Accordingly, through the inculcation of business level or functional level strategies, profitable outcomes are bound to prevail. Thus, this paper will evaluate the case questions regarding the diverse strategies that organizations inculcate.
- Horizontal integration, vertical integration, outsourcing and diversification strategies e.g. acquisition, mergers, internal new venturing joint ventures become recognized corporate strategies

Explain the difference between horizontal and vertical including both forward and backward0 integration

Horizontal integration denotes a company acquiring its competitors within the industry. As such, the company purchases numerous of its competitors towards sustaining commanding role within the sector of operation. Through acquisition of its rivals, an ...

Introduction

One of the major drivers in business ethics is external social pressure. Firms need to consider the social aspirations of the general community and the protection of the environment. Most organizations today are engaging in contributing to the society by forming and implementing corporate social responsibility programs. Companies need to consider welfare of the society other than operating for profits only (Lee, 2011). There are several informal manners in which ethical conduct can be encouraged by firms. However, organizations need to devise formal policies and programs to guide and create ethical standards.

Ethical principles and Walmart

The government is a strong agent which impacts business ...

Management

Part A
In the current scenario, the John Rice is facing few major problems regarding the management issues in the ‘for profit’ and ‘not for profit’ businesses. The ‘Management Leadership for Tomorrow’ is the ‘not for profit’ organization which train the fresh graduates from the business schools to improve their skills required for the practical jobs. The first problem for John Rice is that the COO who was the perfect candidate for the post of ‘Chief Executive Officer’ of the company has left the job. Therefore, John Rice is bound to perform the duties of COO of the ...

Wal-Mart is a multinational company that is excelling in the world. It operates as a retail chain store. It started its operations in 1962 . It is a leading retailer in the world. Success for the company has not been easy and without fights. The company has worked hard and put extra effort in its operations in order to be in the place it is today. The marketing plan for the company is clear-cut and objective. The triumph of the corporation can be ascribed to the objectivity of the marketing plan. The plan for the company ensures that the ambitions laid down by ...

This paper limits itself to comparing and contrasting the mission statements of two corporations drawn from the hospitality industry. Precisely, the paper will offers a discussion of the similarities and differences between the mission statements of Four Seasons and Ritz- Carlton’s Corporations. While much has been hypothesized regarding a company’s mission statement, it is of the essence to note that the most comprehensive role of a company’s mission statement is to offer a comprehensive overview of a company’s core values and policies. As such, they should be succinct and meaningful.

Similarities

An analysis of the mission statements of Four Seasons and ...

Priority: High

Re: Reforming Corporate Ethics
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It is a matter of urgent concern that corporate ethics is still not fully followed up to satisfactory levels either due to ignorance of some business people or because they have been taken for granted. By definition, legal environment consists of ethics in business, is the motivation on opinions and ideas on perspective of wrong and right in the business environment entailing virtues and recognizing the governing laws. Business ethics tend to have varied perspective whereby it is associated with developments, corruption and also organisation’s systems. The levels and rate of unethical ...

Companies today set up their organization structure based on their mission, goal and objectives. An organization can increase revenues and widen their profits margin if they select organization structures that match the needs of their operations. There many types of organization structures that exist today with the common ones been divisional, functional and matrix.

Woolworth’s organization structure

Woolworths limited, founded by Percy Christmas in 1924, is a multinational retail store business with over 1000 stores worldwide. Woolworth’s main idea was to introduce retail stores operating on low based prices, selling quality products. Its business activities focus on refreshing their products and business ...