Essays on Business

Introduction

In the modern business world, people are competing to ensure that their products are leading in the market. Market competition is getting dynamic with the entry of new producers in the market. Business brands that have been in the market for long has been able to set standards that new emerging businesses are finding difficult to cope with. Business competition is now taking new trends and traditional business methods are slowly fading away, with the entry of new market competitors and much business market shifting to the open market policy and monopolies’ slowly fading away, business competition is expected Continue reading...

Abstract

The paper dwells on general equilibrium theory by putting into perspective various critical issues. The origin of the concept of general equilibrium theory is illuminated dating back to neoclassical period. Moreover, various models such as Walras model of pricing and modern equilibrium model is also put into consideration. Finally, the importance and application of general equilibrium has also been discussed at length. General equilibrium theory refers to a concept modeled around theoretical economics. The modern general equilibrium takes into consideration three important interpretations which should be taken into consideration. The idea of general equilibrium theory cannot be complete when Continue reading...

Spreading business worldwide is the necessity in today’s modern world. The business cannot be limited to one or two countries. But with the expansion of business the need to remain in the market is also necessary. There is a fast and vast competition among many companies worldwide. Only those companies can survive who provide the basic wants of consumers. But to expand the business globally is also difficult. The risk factor is always in the business. One has to calculate the loses if occurred. And along with the new invention in the markets, the competition for the induction Continue reading...

Abstract

Information systems are an important part of any business organization. They are responsible for the passage of information within the business. In some cases, information systems are directly linked to marketing. In this case, the information on the sales available and the cost of the product are issued to the customers through the systems. The systems could be manual systems, where pamphlets are printed and distributed to customers, or electronic systems, where the company uses websites or technology oriented ways to market the products. On the other hand, information systems are important in keeping the company’s records. In Continue reading...

The federal and state governments and some nongovernmental organizations have been offering an array of assistance to elderly persons in the society. Of most importance is the support offered by both federal government and state government where they help aged people from the age of 60 years and above to access health care, housing and retirement issues. They fund various centers that offer these services for senior citizens of the nation. (Butler, 3)
In my response to the requirement of this course assignment, I selected Silver Manor Home of The Aged, which is located in Meriden, Connecticut. This independent Continue reading...

FMEA.

Failure mode effects analysis forms part of the activity of product and process design. The analytical methodology ensures that all upcoming problems are considered and solved all through the product, service or process development cycle. The nine steps in the failure mode effects analyses are as follows. The first step is assembling a team of experts with detailed knowledge on the process, product as well as the requirements of the customer. The second step is identifying the scope of the analysis. The third step involves the filling in of the identifying information that shows the format of the study. Continue reading...

The extent of the regulatory power of an employer within the workplace often transgreses over the right to privacy of the employees. While the court upholds many times the right of the employers to exercise regulatory power over the workplace such as the conduct of search within the employee’s workplace, the same is only limited under justified circumstances. According to Perline and Goldschmidt (2004), the conduct of workplace search is only justified when the following elements are present: (1) there is reasonable ground to suspect misconduct of the employee or there is a valid, non-investigatory and work related Continue reading...

- Activity diagram
- Sequence diagram

What are the different Vulnerable Points in an E-commerce Environment?

An e-commerce environment has many vulnerable points that attackers can get to the system. One of the points of attack is the channel of connection between the client and the ISP provider. The attacker can tap this point and make an attack on the connection. The attacker can intercept the communication between the user and the Internet Service Provider (ISP) and use security threats like spoofing to get data from the client. The client will lose money in the process. Another point of vulnerability is the ISP networks. There could be sniffer programs Continue reading...

Question 1

Over many year, Sainsbury company was operating with the same supply chain and the It system. These systems were outdated. Since they were created long before, so the new firms in the market as Tesco Plc had started to overtake Sainsbury In terms of the market share since they had the recent technologies in supply chain. Davis took up the task to sprucing the supply chain. He introduced new automated system, and they responded well in the first four years and later on problems started to arise since the stores were full and on the shelves there were no Continue reading...

Accenture has emerged as one of the leading global outsourcing companies in the world due to its costs effective outsourcing, technology and management services that have enabled many operations of their clients transform into successful businesses. The company has emerged a leading outsourcing services provider touching on many industries of business and industrial nature. The company has grown from a little known provider to a global giant that gives superb services that have transformed the operations of the organizations that have worked for. The company prides itself of giving cheat and fast services while working on a way to Continue reading...

Globalization is an integration process that occurs across the world and arises from interchange of products, world views, ideas and cultural aspects. The act of globalization can be traced from the old ages to present modern world (Stromquist M. P 2009). It begun with investments, trade, migration and dissemination of knowledge and was further linked with global climatic challenges, cross boundary pollution and sharing of socio-economic resources. Location of globalization begins at the local, national then regional continuum with economic and social relations organized at all stated levels. Modern forms of globalization can be said to have begun during Continue reading...

Use of Common Property to address the Commons Problem

Introduction
The use of common property to address the problem of common people refers to the tragedy of the commons. Most of the work on environment cuts across the pro-regulatory traditional protectionist laws and policies.
According to Acheson, the tragedy of commons does not hold correctly to the future of all the available resources. Private owners instead of the general deserving public use the resources. Acheson reviews several classic examples of managing environmental resources in his essay. There are some institutional regimes, which have been in operation for a long period without degrading the available resources. In addition, Acheson Continue reading...

BART workers went on strike after failed negotiations with the management. Areas of concern for the workers included; overtime amendments involving training schedules, the tax benefit, additional flexibility on employees pay for the costs of family medical consent, splitting the company’s bonus of up to one thousand dollars into a six month period for every employee if BART surpasses ridership estimates this fiscal year by 1 %, adjustment in long term upkeep insurance options and retirement services (Mike ). Federal mediators who were part of the talk confirmed that the two conflicting parties succeeded in agreeing to certain issues, such Continue reading...

Introduction

Christian Dior was the most influential fashion designer of the late 1940s and 1950s. In fashion history, he is one of the most interesting stores. By establishing Dior as a global brand across a wide range of products, new business model was defined by Christian in the post-war fashion industry. With the hourglass silhouette of his voluptuous ‘New Look,' he dominated fashion after World War II. His vision continues to be at forefront of current fashion even over sixty years later that proves that he was certainly a visionary. He was best known for his eponymous fashion house Continue reading...

Here is a brief introduction to the enclosed report that is going to be presented in the upcoming pages. We are talking of neutrality and to want to bring up the issues how recent companies are trying to bring inequality in the use of different sites. Internet has always helped us to browse websites on equal basis. But the changes in neutrality would take away our freedom to do so. And thus this document would take you to the journey of how internet works and to the reasons for which neutrality should be saved. And it is even way Continue reading...

PART 1

An international Joint Venture is an equity agreement in which foreign and local business organization co-own a business by pooling their resources together, share the risks associated with the business as well as exercising managerial control to operate an autonomous business in order to make profits or to enjoy economic and premeditated advantages.
The success of such ventures depends on a number of factors as. Some of the factors that determine the success of Joint Ventures include:
- Cultural factors- the way of life among different partners in a joint venture has a significant influence on the success of Continue reading...

Business Organization

Glaxo Smith Kline is a reputable name in the world of pharmaceutical industry. They are one of the leaders and pioneers in different destinations of the world in terms of introducing most up-to-date pharmaceutical and vaccines product in the health care industry. The company was founded in the year 2000 and is headquartered in Brantford, London. The company has reported annual revenue of £25.602 billion in the year 2013. In the same year, the company was managing a workforce consist of 99,000 across the globe. The company is considered as the fourth biggest giant in the global healthcare Continue reading...

There are varied definitions of common property that exist in various contexts. Its application and use is, therefore, determined by the specific context. Our definition of common property is in relation to real tangible property. Common property in this context of real properties can be defined as a property that is collectively owned by public or a community to which every member of the community has equal right to use and access. Sometimes, the government can own common property. Where government owns common properties, all citizens have a right to use it in various activities. The ownership and product Continue reading...

Brief history

Zurich Financial Services Company was started in 1872. As the name suggests, the company‘s intention was to offer extremely reliable financial services to the citizens of Switzerland. The company had been created to offer marine reinsurance services. It was originally known as the “Versicherungs-Verein” which meant the Insurance Association. After several acquisitions, in 2ooo the company changed its name to Zurich Financial Services in order to incorporate the many companies that it had acquired according to their functions. Zurich Financial Services Company is the biggest insurer in Switzerland. The company has also become extremely competitive in the global Continue reading...

In his article “Carriages Belong in Central Park”, appearing in the New York Times, Liam Neeson addresses the issue of horse drawn carriages in New York City. The article come from a sense of exigency created by a proposal by current New York mayor, Bill de Blasio to eradicate the horse drawn carriage business in the city of New York by the end of this year. Neeson feels the need to address this issue seeing that he is a lover of horses and as he mentions, he grew up with horses in his native land of Ireland. Neeson also Continue reading...

The options are ideal tools for position trading as well risk management. These options give their holders some right to buy and sell their underlying assets at a quoted price on or before the expiration date. A call gives a holder the right to buy an option while a put enables a holder to sell an option. The three major option strategies are as listed below in the various case studies.

Bullish option strategy

The McDonald Company has, in past five years, expected the underlying stock price of their diversified commodities to go upward. For this very reason, the company financial management Continue reading...

Business Ethics

INTRODUCTION:
Ethics is defined as the set of characteristics, patterns of doings and right or wrong conducts possessed by a human being. Ethics can easily be influenced by human behaviours and attitudes and can have an impact on the surroundings, and the places where the person belongs. It can be a workplace, home, school, institutes or any other place (Ferrell, Fraedrich, & Ferrell, 2011).
Ethics is an essential concept that shapes the human personality, culture, values, mind-sets and one’s perceptions. These traits directly influence the corporate culture in the long term and affect the well-being of an organization. When Continue reading...

Business ethics, also known as the corporate ethics can be defined as the applied integrities or professional principles that are observes ethical ideologies and molarities as well as ethical problems that arise within the business environment. Worth noting is the fact that they applies to all aspects of business conduct and they are relevant to the conduct of not only the individuals, but also the entire organization as well as the countries doing business together (Glick, 2008). While government applies laws and regulations to indicate business comportment in the areas they recognize beneficial to them, the ethics indirectly standardizes Continue reading...

Introduction

Today’s world is becoming increasing more globalized as new high tech gadgets make it easier to connect with people overseas and around the world, and countries and regions engage in international trade. Globalization is the increased interaction between countries and cultures of different regions as an effect of trade, the media, travel, education, cooperation, and more. Countries and cultures pick up aspects of the culture, politics, economy, values and technology of those with which they interact and assimilate to some extent toward these countries and cultures. Many associate globalization with westernization, however, the two terms are not actually Continue reading...

Starbucks: A Worthy Investment

Introduction
When it comes to finding a proper organization to invest in, there are two specific matters that need to be considered especially when it comes to the possibilities of earning more from the said organization. It is not a joke to invest on anything, especially on business organizations that are currently operating in the market. Weighing the risks and benefits will make it easier for the administrators and/or business operators to define whether or not they are going to invest in a particular organization. One specific matter to note is the track record of the organization. It is Continue reading...

Data Analysis

TABLE 1

The above stance collaborates with the fact that Saudi women are well educated, ambitious and determined. In the last 40 years, the Saudi government has built an educational infrastructure that reduced illiteracy rates, especially in women. Because of a favorable environment for entrepreneurship, the possession of advanced education and the presence of still a very limited amount of employment opportunities for women in Saudi Arabia, the interest for entrepreneurship are very high among women.
Furthermore, the analysis is in line with the postulation that much of the wealth in Saudi is under the control of women; women Continue reading...

INVESTMENT MARKETING

For the success of any given business, the plan that the company makes is a vital tool to see it through success. The plan should always include marketing strategy. A marketing strategy shows the investors the way in which the investment is to take on the market. For the formulation of a good strategy, therefore, a business planner must have knowledge of the market the investment is to venture in and how ready the market is to receive the products the company will be producing. In addition to the nature of the market, the planner should also have planned Continue reading...

Biography on Steve Israel, a U.S. Representative for New York
Steve Israel is a member of the U.S House of Representatives from the Third Congressional District of New York since 2001. Steve is a true leader. He values education. He respects the middle class and the low-income group. Even in the worst situations, Steve always raised his voice and stood up for his people. He has sponsored and co-sponsored numerous bills and voted in favor of several reforms that benefit the public to a great extent. He has been in power since 2001 and never misled his people. He Continue reading...

UAE presents Cleveland Clinic with a good business opportunity for its services. The evidence that people move from Abu Dhabi to New York for treatment clearly shows that there is a great need for quality health services in the region. Ideally, these present Cleveland Clinic with a good opportunity to extend its services to this region. There is ready market for health services in UAE and calls for Cleveland Clinic to take the initiative and exploit the underlying opportunity early in advance. My opinion is that, Cleveland should expand its services to UAE (Kotler 364).
UAE has a good Continue reading...

Starbucks Corporation is one of the most successful and most admired coffee companies globally and, operates a chain of coffee houses across the United States and, globally. Its headquarters is in Seattle, Washington DC. It began with a single store in 1971 as a retailer and, a roster of ground coffee and whole bean. Currently, it boasts of over 19000 retail stores in more than 60 countries and, has more than 30 different brands of coffee. It also serves iced beverages and related products.
Globally, Starbucks is one of the leading firms in utilization of the internet to market Continue reading...

Introduction

Retail industry forms a part of supply chain management, it deals with sale of goods and services where in manufacturers and wholesalers sells it to the customers for profit. Retailing is done either by fixed stores, online retailing or by delivery. Retailing is classified by type of products which can be food products, durable goods or consumables. Harmonious relation between employer and employee is the most vital part for effective operation of any organization. Legislation has come up with set of rights and guide lines to be followed by employers as well as employees which help the organization to Continue reading...

Introduction

Financial budgets refer to monetary estimates of expenditure that the organization expects to incur in future as it carries out its periodic business operations.
Budgets have proven to be important business tools over the course of time. One of the most important uses of the budget is that it can be used by the management of a business entity to make decisions. Decision making is the most important process in a business entity because it determines the direction of the business after a financial period. Financial periods are marked by losses or profits depending on how the entity has Continue reading...

Promotion

In order to create an awareness and publicity, Anytime American Food Truck will strategically use four distinct methods of marketing; word of mouth or personal selling, advertising in the local newspapers, magazines, and finally in the electronic media. Advertisement costs money, and the best way to protect the business from huge advertising costs, which can overwhelm a business strategy, is to keep it simple and creative. As indicated, more stress on direct marketing with customers and their families will be entertained. To have an effective and cheap advertisement going for customers to know what Anytime American Food Truck is Continue reading...

Introduction

Financial markets in the economy have a role of linking the demanders and also the suppliers of funds. They enable firms and individuals to access capital and invest any surpluses. These are the markets that allow the financial sectors of the economy to run smoothly. However, many individuals do not understand these markets despite their crucial role in the economy. They have varied reasons for their failure to comprehend these markets and these reasons limit their understanding of the markets. This serves as the foundation for the thesis of this paper that is – accountants have a role to play Continue reading...

Insurance company

As of February 14, 2014, U.S. insurance company AIG intended to cut 3% employees worldwide, according to Financial Times. On Thursday, the company announced that the severance pay for 1500 is $ 265 million, thus, AIG continues to reorganize its business.
As of April 10, 2014, AIG had some problems with underwriting profits, nevertheless, despite several problems in the past the company shows some improvements. Smart investors are focusing on the business and the actions of management: by making unpopular moves today, AIG is taking a long-term bet that a simplified, streamlined company down the road will be much more Continue reading...

I had the opportunity to take a family friend for lunch yesterday in exchange for an insightful discussion about the small business that she started, ran for a couple of years and sold. Below are the questions that I asked her, and a summary of what I learned from her answers.
Question 1: what made you decide to open your own business? What made you think you had what it takes to be able to do this?
The entrepreneur told me that it was her dream during her twenty five year corporate career to leave all the politics behind Continue reading...

Introduction

Work versus family life conflict starts to occur when there are demands that are incompatible between a person’s work and family life. These demands may include increased work load at both the sides. People may experience increase of work load at their workplace when they are asked to sit for extra hours which are taken from their time of family life. The workload increase at workplace has a pressure of career growth and good evaluation by the management due to which a person tries to cope up with the situation by spending extra hours at the workplace. Similarly, Continue reading...

The world has become a global village where many companies producing their goods and services are marketing to the entire world. That is greatly influenced by the global economic interdependence, trade practices, and agreements in the market. For any company to be able to make global marketing decisions, it has to take into consideration the global economic interdependence together with the practices and agreements in the market.
When planning to market goods in another country there are several factors that one has to consider before investing in the market. Analyzing the pricing of goods in the country that you Continue reading...

Abstract

Researchers conduct researches on the basis of an ideology that seems to exist. During the study, researchers formulate a hypothesis, in which they state the existence or non-existence of the phenomena under study. For a good research, the researcher has to state the null and the alternative hypothesis. It is on the basis of these classes of hypothesis, that an error is classified as a type 1 or type 2 error. The type one error is based on the null hypothesis. The null hypothesis is a hypothesis that affirms the relationship between phenomena. In the case that a researcher Continue reading...

Please put your name here

Best Buy Co., Inc. is a global retailer in the technology and entertainment industry. The company offers products as well as services to its global clientele. The company currently operates in the United States, Europe, Canada, Mexico and China. Best Buy Inc. has its headquarters in Minnesota, and the group has a portfolio of retail stores and websites under 11 different brand names. Best Buy is the largest consumer electronics retailer in the United States with a market capitalization of approximately $16.53 billion. For the fiscal year 2009, the company reported revenues close to $45 billion.
The CEO of Continue reading...