All individuals are required to make various decisions in their personal and professional life. It is important for individuals to make legal decisions that have high moral values. Intention refers to the purpose of actions performed by an individual irrespective of the right or wrong outcome of actions. When an action is performed with good intention, it will be ethically correct action, even if the outcome of the action is harmful to others. People, in personal or professional life, often take decisions that are not ethically correct but are performed with good intention. This paper intends to evaluate the Continue reading...
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Company Critical Thinkings Samples For Students
Understanding Of Marketing Critical Thinking Example
Nature and role of marketing
Marketing is a process of selling and communicating the availability of goods and products to consumers. It is an act of enticing public by giving information of the location of the products. It is an organizational function of delivery, creation and giving customers value. It is extended to customer's relationship that benefits institution in improvement of the product sale. Marketing is described as the science and art of choosing the market target. It is made possible through market analysis and segmentation. It is projected to customer understanding in their purchasing behavior. The marker is given a chance to give Continue reading...
FedEx Corporation Critical Thinking Examples
FedEx is made up of several divisions. The most significant division, and market leader in its segment is its FedEx Express unit. The FedEx Express unit is the world's number one express service carrier. FedEx Express delivers three and a half million packages every day to two hundred and twenty countries. FedEx owns a fleet of six hundred ninety airplanes, and fifty thousand motor vehicles and trailers. FedEx Office retail outlets and shops offer document-related and business services. These retail outlets also function as hubs for other FedEx units ("FedEx corporation competition," 2014). When FedEx is measured against all Continue reading...
Free Critical Thinking About Finance
Daktronics' Capital Structure Policy
Current Debt-Equity Policy of the company:
Referring to the financial statements of the company, we came to know that since the company has not acquired any debt financing in its capital structure, the debt equity ratio has been zero(0) since 2010. Thus, although the company is trading without any financial risk, but since it is not using the available debt resources, it is letting go the advantages offered by debt financing in the form of tax shield. Thus, the treasurer should consider including debt financing as it will only add value to the company because of Continue reading...
Free Critical Thinking On The Positive And Negative Aspects Of Working In A Globalised Environment
Part 1: Huffington Post analysis
Traditional text-based reporting techniques, such as prints, outdoor, audio and slideshows still play a significant role in the media today. The traditional media is, however, blended with the rich media such as social media and videos. Both two types of the media included at Huffington Post to promote the social channels. The Huffington post, for example, uses video links, photos and text to bring a clear and brief presentation of the news. The post is also open to response and feedback through the Facebook, twitter and Google plus links. The video or the post Continue reading...
Good Critical Thinking About Critical Analysis
Rising levels of industrialization in Australia has led to increased demand for energy by both the domestic and commercial sectors of the economy. This is due to the fact that energy providing companies are parent firms to numerous firms especially in the manufacturing, processing and motor industries. As a result, it has been stated that energy is the vehicle for driving the economy to heights of economic growth and development. Without energy, rates of economic growth and development would stagnate or even drop in severe circumstances. However, in recent times, there have been intensified calls for energy companies to Continue reading...
Customer Service Issues Critical Thinking Examples
Excellent communication is the key in achieving success in any field of business, especially in the line of business process outsourcing or BPO. The working environment in these companies is more diverse, stressful and challenging. Every day, many customers call their company’s contact centers to report a specific problem they encounter. Many foreign companies seek new ways of lowering their labor costs by investing in other countries with lower currencies such as China, Mexico, Philippines and India. As we move on to this paper, I will enumerate the seven reasons of the customers’ difficulty in relaying their technical Continue reading...
Example Of Peregrine Trucking Co Critical Thinking
The transport industry, especially the trucking sector, has experienced and would continue to experience changes given the current economic climate. Economic uncertainty has brought about waves of speculation that have ultimately led to the drastic rise in fuel prices. The trucking industry has felt the direct effects of the ever-changing fuel market much more than any other industry in the United States (EPA, 2014). The rising fuel price has led to key industry players to devise ways of combating the problem. In coming up with ways of cutting the operational costs, the environment should also be put into consideration. Continue reading...
Free Managing Stakeholders' Expectations: Profit Vs. No-Profit Organizations Critical Thinking Sample
Theoretically speaking, the term 'stakeholders' refers to "any group or individual who can affect or is affected by the achievement of organizations objectives" (Freeman, 2010). It is obvious to expect the differences in stakeholders expectations for a profit business to that of non-profit organizations.
The biggest difference is the monetary expectation. As non-profit organizations don't make monetary benefits from their operations, stakeholders cannot expect financial benefits. The goals of these firms are, usually, providing a charitable and educational service. As such, stakeholders including funders, volunteers, participants, clients and government officials may have different expectations ranging from providing quality service Continue reading...
Economic Critical Thinking Example
The business environment is a constantly changing environment where new business ventures erupt with new ideologies. These new businesses might either flop or remain relevant to the industry with their new ideologies and economies of scope. When these firms remain relevant to the latter, their implications to the new firms, therefore, are either to embrace the changes or fight them through the old existing strategies. Technological advancements are the most dynamic economic ventures. New businesses and business ideas are constantly developed in the industry to ensure that new inventions are made to satisfy the constant needs of the customers. Continue reading...
Good Example Of Psych & Life: Von Restorff Effect And Advertising Critical Thinking
Doritos ‘Goat 4 Sale’ advert is powerful commercial that uses humor to attract viewers’ attention and curiosity while promoting Doritos chips as the most delicious and addictive. The goat is seen, screaming, kicking things and jumping on the table because there was no Doritos chips left in the cabinet. These funny events can easily be recalled by the viewer because they are distinctive and unusual.
The Doritos intended to promote their chips as the most delicious and addictive. The main characters in the commercial are seen eating the chips. The goat is captured eating chips stored in the cabinet Continue reading...
Marketing Concepts And Strategies Critical Thinkings Examples
The USA Today is a leading name in the newspaper industry of the United States. Its simple layout and colorful presentation are the most admired features of the newspaper. The creator, Gannett Company Inc., chose the newspaper industry to tap into the English reading population and make the life easier for the readers. USA Today has brought an evolution in the daily lives of the consumers through its innovative approach. It was launched in the early 1980s to fulfill tow significant needs of the consumers: first is the need for short spans and secondly the need to be informed ( Continue reading...
Free Critical Thinking About Loreal
- a. Explain what L’Oreal does specifically to improve their approach to multicultural marketing.
- Provide a specific example from the text. Be sure to elaborate on your example and explain why this is better than the “traditional” way of doing things.
One specific example of how the multicultural approach of L’Oreal works is the experience of an Indian-American-French manager of L’Oreal’s men’s skin care line. He claims that he is able to handle cultural complexities because since childhood he has been exposed to three different cultures through reading in different languages and meeting Continue reading...
Example Of Should Companies Mandate The Customer Service Employee To Act Happy Critical Thinking
“Customer service is a critical element of services marketing. In services companies, customer-contact employees serve as the face of the company to the consumer. Therefore, it is reasonable for these companies to mandate that customer-contact employees act “happy” when they are on the job as this is what they are hired to do”.
Rather than saying that customer service employees should act happy because the management requires them to be, it would have been better to motivate the employees to be empathetic. Internal marketing means the services company must keep their employees to be motivated to be customer oriented. Continue reading...
What Is Integrity Critical Thinking
Warren Buffet, who is the Chairman and CEO of Berkshire Hathaway, stated "In looking for people to hire, look for three qualities: integrity, intelligence, and energy. And if they don’t have the first one, the other two will kill you" (Anderson 2012). Indeed, integrity is that special virtue of one's character that makes a person trustworthy to others. Integrity is the very foundation of principles and values that form the core of a person. Integrity means adherence to moral and ethical principles and the path of honesty. Integrity is extremely valuable and has become a rarity in Continue reading...
Example Of Evaluation And Control Critical Thinking
The strategic choices and alternatives are referenced to the element of continuous monitoring and control to keep up with the efficacy of the measures. Regular monitoring with an established framework to analyse financial statement and balance sheet is one of the necessary measures. The term 'monitoring', herein refers to vigilant observation of the time schedule, infrastructure, inputs and outputs to come up with the desired results. The purpose of the action is to evaluate and control potential / actual obstacles that may hinder the objective.
The balance sheet ratio to monitor and analyse trends and index are essential for Continue reading...
Capitalism As A Global Problem Critical Thinking Example
Capitalism refers to a form of political and economic system where country's trade and industry is manned by the private sector, rather the government. Every society is characterized by an uneven distribution of wealth and income. The speculated thoughts help a small percentage of the people in the society to gain control over the majority in the country. Therefore, the minority must, be able to find ways in which they sustain their status quo within the society. The majority group uses myriad ways to battle and be at the top of the prestige minority class. For instance, they convince Continue reading...
Melissa Changs Interaction With Her Companys Italian Partners: A Communication Critical Thinking Examples
How Melissa’s communication Style impacted the performance of the Italian partners?
Melissa Chang’s communication style had positive impact on the performance of the Italian partners. Melissa was initially hesitant to visit Italy as she felt that her company had not upheld basic business standards by not providing the basic product information to the Italians. However, when she provided the necessary information and answered all their questions in an effective manner, the Italians were encouraged by her positive approach and they could listen to her feelings which were genuine. They sat down with her the next morning and provided all the relevant information like their sales records. They even drew Continue reading...
Good Marketing Final Exam Paper Critical Thinking Example
Question No.1 3
Question No. 2 4
Question No. 4 5
Question No.5 5
Question No.6 5
Question No.7 6
Question No-8 7
Other: Question No.1 8
Question No-5 (Other) 9
Question No.6 (Other) 9
Marketing Final Exam
Distinguish between a product item, product line, and product mix. What are the four advantages (benefits in this sense) of product lines? Do not use examples in the product concept slides. Choose your own. Include a photo to illustrate items, lines, and mixes.
Advantages of Product Line
Expansion of product line is also a growth strategy for small businesses. In the last stage of Continue reading...
Free Critical Thinking About Team Debates On The John Wolford Case
John Wolford was very focused in his career even at an early age, graduating with a degree in mechanical engineering from the Californian institute of technology.
He initially took a job at the Hewlett Packard, a technology company at the Silicon Valley, where he worked for five years
Despite being a married man, Wolford still managed to work and attend management classes in the evening, a clear indication of his career commitment.
We are also informed that after leaving Hewlett Packard, Wolford took a management position at precision instruments, Inc, where he held various managerial positions, culminating to the Continue reading...
Good The Managing Director Critical Thinking Example
When a company decides to go international, some major decisions have to be made. A major decision is whether the company has solid and well established operations in its home market. The home market must serve as a foundation for its international expansion. The company for this international expansion is Walgreens. With its plans to enter the European market, the company must ensure that its distribution network in its US market is effective and strong enough to sustain its costs of setting up its international operations. The other point that should be looked at is the human resource Continue reading...
Example Of Critical Thinking On Control Cycle
“Budgetary control is part of overall organisation control and is concerned primarily with the control of performance. The use of budgetary control in performance management has of late taken on greater importance especially as a more integrative control mechanism for the organisation”. Critically evaluate this claim, supporting your discussion with both theoretical arguments and practical examples.
The primary objective of budgetary control is to plan and control an organization’s activities in the short-term as opposed to the long-term corporate and strategic planning with broad objectives. While the short-term plan may be for the objectives for the subsequent accounting Continue reading...
Example Of Critical Thinking On Performance
Management and knowledge
Management is a vital process to determining the successful of any business. Management entails gathering all available resources to enhance productivity. Resources involved in different managerial units include the firm’s assets, all inputs and other third parties employed. A part from the breaking down of units to facilitate functionality, planning is crucial. More so, necessary knowledge and skills to internalize all processes constitute to the big share of the firm’s management. This reflection paper discusses how to maximize outputs out of available assets and resources through effective managements. I will the ideas in accordance to Davenport’s Continue reading...
Rationale For Customer-Based Inventory Management Strategies Critical Thinking Example
Product availability is one way through which companies thrive to satisfy their customers. This requires the adoption of an inventory management strategy that is efficient, effective and focuses on the customer. Inventory control strategies enable companies to provide different amount of commodities to their customers depending on their needs. The complexities and dynamism of the 21st century have forced companies to adopt policies that put the customer at the forefront of every business decision. Businesses that intend to provide quality service to their customers should ensure that they implement strategies that supply optimum stock levels to their customers.
Reply To Students Question Critical Thinking Example
Answer to the discussion question
The in-stock availability strategy adopted by a firm determines the amount of service that its customers receive. Firms typically assign greater availability to those products that attract the highest volume of sales and profitability levels. . They maintain different availability levels of inventory for commodities that they sell. Customer service depends on the products that the customers will purchase. The service that is rendered to the customer thus relies to a great extent on the blend of products that he or she purchases. This means that customers with different shopping lists going into the same Continue reading...
Example Of Critical Thinking On Human Resources
Downsizing is proven to be an emotional and very challenging task for a manager. The best approach to use is determining which employees bring the most value to a company and those that don’t. Performance appraisal is the best method to use in this regard. However, in the case of D-Bart, the performance appraisal process is not taken with the seriousness it deserves. Supervisors and managers who have been tasked with overseeing the process do not believe in it. They believe in the use of their own political decisions on who should go and who should stay. Howell Continue reading...
Definition Of Key Terms Critical Thinking Examples
Supply chain management
This is the process through which the flow of goods is managed from the initial stages of production by the supplier to the final consumers. It entails the achievement of among other components customer service, customer satisfaction and customer success.
This is the provision goods and services to customers before, during and after purchase, to enhance level of customer satisfaction. Entities must identify and prioritize all activities to meet customer expectation better than the competitor. Basic ingredients of customer service delivery are availability, operational performance and service reliability.
It is a measure of how firms satisfy Continue reading...
Those Impacted By This Solution Can Communicate To Me Through My Email For Additional Critical Thinkings Examples
Critical Thinking/Management Decision in Relation to an HRM Issue
A dispute among workers was the main problem that I had to solve for which there was no clear solution. This is due to involvement of other people, and where there behavior as well as decisions highly impacted the solution to the problem. Although it took a lot of time to solve the problem, it was finally settled by clearly guiding the workers of the company’s expectations from each one of them, and educating the workers on conflict handling styles. This required a lot of critical and creative thinking on educating the workers. This was because the seniors Continue reading...
Apple II Vintage AD Critical Thinking Samples
The Apple II “Every Educator” Ad was published in 1979, out of Cupertino, CA. The “Every Educator Ad” was to appeal to the learners as an education tool in the classroom that would help the mind of the students expand by helping with drills, problem- solving, and games. On the other hand, it would appeal to teachers by assisting with testing, counseling, and saving classroom data. Apple II offered a connection through a color television turning the television set into the computer, the ad was trying to introduce the idea of the product to the classroom environment (Ilulian, 2012). Continue reading...
Free Critical Thinking On Path-Goal Theory
Robert J. House and Terence R. Mitchel developed a theory which they called the path-goal theory. Through their research they concluded that an individual’s perceptions are influenced by their leader. The leader is able to motivate his/her subordinates by clarifying goal attainment. As workers would know what is expected out of them they would then be motivated to perform those duties effectively.
In “The benefits of planning really, really ahead” Vickie Elmer talks about how Paul Saginaw was able to grow Zingerman’s Delicatessen by his ability to plan for the future. Saginaw has been successful in this Continue reading...
Sample Critical Thinking On Decision Involving Ethical Dilemma
As an aspiring professional in accounting and the current president of accounting union, David needs guidance from the AICM principle to solve the ethical dilemma at hand (Ladd, 2012). Cheating in an exam may not sound very wrong especially when in the situation of David but almost all schools have rules against it.
It is the responsibility of David as a leader in the same department, to avoid any conflict of interest with the department and must remain transparent. The school requires him to follow ethical standards in school (Ladd, 2012). David has the responsibility to be fair to Continue reading...
Free Critical Thinking On Listo Systems Managerial System
McGregor’s theory x and y are suppositions of management that explain the behaviors of certain workers in business institutions. These theories help managers deal with these workers in ways that promote maximum and quality output.
According to McGregor’s presumptions, human resources are depicted in two broad dimensions. Firstly, theory x depicts employees as lazy, and they suffer from deprived motivation. Consequently, theory y argues that workers are innovative, self-motivated, and determined. However, the paper will lay focus on theory y. This theory asserts that majority of employees have an emotional urge to put more effort in their Continue reading...
An Annotated Bibliography Critiquing The Concept Of Truth As Elucidated In Critical Thinking Examples
American Psychological Association (2014, January 23). Telling the Whole Truth May Ease Feelings of Guilt. Retrieved from http://www.apa.org/news/press/releases/2014/01/truth-guilt.aspx
Eric Ravenscraft (2014). Partial confessions might not ease guilt like telling the whole truth. Journal of American Psychological Association.
The article discusses how the feelings of guilt are eased whenever the truth is told. From recent studies, it has been said that partial confessions remains attractive but are accompanied by emotional feelings. The American Psychological Association published research findings which claimed that individuals who have a tendency of telling the whole truth remain in peace when compared to those who only Continue reading...
Free Critical Thinking About Diversity In Successful Companies
Following the American Psychological Association’s Guidelines
In a vastly growing world, where diversity is quickly becoming a commodity rather than a segregator, it is important for businesses to maintain the practice of inclusion. Many companies that once saw diversity or hiring minorities, as a death sentence are now realizing that a diverse work group is essential to success in arenas such as globalization, public relationships, and communication. Other essential aspects to a diverse company are also beginning to include the acceptance of family life for both men, and women. Having children and raising a family was once solely on the women, and if she wanted Continue reading...
Good Critical Thinking About Collaborative System At Isuzu Australia Limited
Isuzu Australia Limited opted for a collaborative technologies increase communication efficiency. They selected the system in order to reduce the number of errors that was being experienced during communication between the head office and the dealers. The system was also adopted to provide real-time communication that would allow for information to be sent and received instantly. The company also adopted the system as a means of cutting costs (Bjorn 2003). Automation eliminated all forms of manual communication including taking the needed information and data manually to all the dealers in every location. The system also eliminated the cost of Continue reading...
Western-Style Consumption Critical Thinking Sample
Both China and India are fast developing into consumer superpower and a large part of the consumers are the youth of both nations. The products mostly bought by this section of consumers from both nations include mainly products purchased for the “Passion” and “Vitality” values i.e. values of thrill and not price based values. Today’s young consumers from these nations focus their expenditure on such consumer products as smart phones, tablets, laptops, clothes, skin care products etc. as can be seen in the following Chinese consumer survey result.
Figure 1 Spending Preferences
Another area of consumption is the Continue reading...
Free Quantifying Internet Gains To Consumers Critical Thinking Sample
It is correct that the advent of the internet has brought tremendous benefits to the consumers in various web platforms. The gains range from vital information that consumers are now able to extract instantly from the internet to the ease of connecting with friends and family. The internet has been a tool that saves so much time and resources that would have been used in its absence. Most of these benefits that people derive from the internet are priceless in terms of the impacts that they make in people’s lives.
Quantifying the gains that consumers derive from the Continue reading...
Critical Thinking On Journalism
Understanding Monopolies: News Corp
News Corporation is a media conglomerate of media publishing houses, including the publication of newspapers, magazines and books, the production and distribution of promotional and advertising products and the development of digital publishing. The Corporation has a number of business interests, including a few major sports teams. The history, relevance and analysis of News Corp would invariably revolve around its iconic and often controversial owner, Australian-born Rupert Murdoch (Corporate Watch).
News Corporation was originally created from the wealth Rupert Murdoch received from his father. He obtained his first newspaper, ‘The Adelaide News.’ by inheritance on the death of Continue reading...
Post-Merger Analysis Critical Thinking Samples
The field of finance and financial management is very broad, and it usually has number of aspects associated with it (Miller, 2008). Organizations have to consider their effectiveness while considering their planning and strategies to have competitiveness in the market. Merger and Acquisition (M&A) is an effective grant and strategies that associated with the financial management lectures, and it will be equally beneficial for the entities in initiate effective M&A strategies for their future benefits and aspects. The core aspect that will be discussed here related to M&A.
Analysis & Findings
- Mergers should be differentiated with the strategic alliance, as most Continue reading...
Good Here Is My Initial Post Critical Thinking Example
Initial discussion (completed):
After reading Barnes and Smith, what are your thoughts on whether Corporations have a responsibility to society beyond maximizing profit? Do you agree with Peter Drucker that if corporations are to continue to enjoy success managers must step beyond self-interested behavior and assume responsibility for the public good? Or, do you agree with Milton Friedman, that spending shareholder's property against their wishes is immoral? Support your conclusions with outside references and resources.
I agree that any organizations and corporation’s responsibility is not limited to increasing its product line and merchandises and maximizing profit only, but also to the Continue reading...