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Business Essays

Using Accounting Information for Decision Making—Financial Information and Budgets

Introduction The need for financial information for decision-making necessitates the preparation of various financial statements to provide the business owners, potential investors, and other interested parties with information about the performance of the business (Cioca, 2020). To meet different decision makers’ diverse financial information needs, accountants prepare four basic financial statements that summarize the business’s ... Read More
Pages: 6       Words: 1409

Unique Aspects of International Procurement Relation to Project Management

Introduction Project procurement management is defined as the outsourcing, contracting, and finalization of business projects. It is essential in international projects; it ensures goods and services are timely received and in good condition. On the other hand, international procurement is where companies and firms purchase services or goods overseas on c. It is a designed ... Read More
Pages: 7       Words: 1831
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Amazon Inc. Financial and Non-Financial Performance Analysis

Executive Summary Amazon is a leading global online retailer headquartered in Seattle, Washington, USA. It was founded in 1994 by Jeff Bezos and has grown to become a leading multinational company. It specializes in retail business and also offers subscription services, as well as web services (Warrier et al., 2021). Amazon is considered the online ... Read More
Pages: 28       Words: 7460

A Study of Coca-Cola’s Business Approach of Penetrating the Pakistan Market Based on Institution-Based, Resource-Based, and Industry-Based Views

Abstract Business strategy is essential since it informs the company of required resources and capabilities, industry competition, and institutional conditions determining a company’s market strategy. This, in turn, dictates the company’s general performance. This paper evaluates the business strategy of Coca-Сola for penetrating the Pakistan market. Coca-Cola is seen as one of the leading prosperous ... Read More
Pages: 13       Words: 3478

The Influence of Organizational Structure and Culture on Organizational Effectiveness

Every organization is started with either the aim of growth or profit. Most profit-based organizations pursue both objectives, while non-profits focus more on growth. Organizational structure is instrumental in aligning the organization with its goals and objectives. Organizational structure influences fundamental aspects of organizational operations such as communication, reporting, information flow, organizational relationships, and overall ... Read More
Pages: 15       Words: 3898

The Impact of Technology on the Future of Banking

Introduction to The Case Study Banking institutions are fundamentally challenged to maintain competitiveness amidst an increasingly digitally focused market and changing customer expectations. In fact, all strategic players in the banking sector are now coming to the realization that next-generation banking clients will be the major profit pool a few years from now. “The Comerz ... Read More
Pages: 4       Words: 968

The Economic Philosophy of Adam Smith

Modern economic philosophies have been built on past ideas developed by top scholars, and in my opinion, no past philosopher has influenced my beliefs on the economy like Adam Smith. The Scottish economist has published several books which have shaped the modern economic mind with his mind-transforming ideas. Particularly in the fundamentals of classical economics, ... Read More
Pages: 3       Words: 597

Target Corporation’s Marketing Strategy

Introduction The current marketing strategy at Target Corporation lacks the essential foundation to steer it into a global big box store. Currently, Target Corporation is the seventh largest retail store in the United States, but adopting the marketing strategies stated by Greg Marshall in his marketing management would make increase its competitive ability and achieve ... Read More
Pages: 5       Words: 1255

Sustainable Supply Chain Management (SSCM)

Introduction The term ‘sustainable supply chain management (SSCM) has been used in a variety of ways by different scholars and practitioners. It is generally understood to integrate environmental and social concerns into supply chain management (SCM) to create long-term economic value (Carter et al., 2019). The concept of SSCM has emerged in response to the ... Read More
Pages: 4       Words: 972

Executive Functioning: Problem-Solving

Introduction Employers typically mean the ability to deal with difficult or unexpected work situations and complex business problems when they talk about problem-solving skills. People who can objectively assess any sort of situation and come up with workable answers are pivotal to any organization. Skills in problem-solving are highly valued by employers but are also ... Read More
Pages: 6       Words: 1469

Starbucks’s Cash Flow Analysis

Introduction A company’s cash flow statement offers information regarding the firm’s cash payments and cash receipts during the accounting period. It shows how the cash flows are connected to the result cash balance to the starting balance indicated on the firm’s balance sheet. Potential investors in Starbucks may find it essential to conduct a cash ... Read More
Pages: 4       Words: 886

Standard Organizational Business Processes and ERP Systems

Introduction This article will cover standard organizational business processes in addition to Enterprise Resource Planning (ERP) technology as its primary topics of discussion. This part of the paper will start with a review of the manufacturing process, then move on to the operation of inventory and warehouse management, then the process of procurement, then the ... Read More
Pages: 6       Words: 1452

Sources of Economic Growth

Economic growth is an increase in the output of an economy over time. It is often measured as the percentage change in the gross domestic product (GDP) or real GDP. The primary sources of economic growth are improvements in human capital, natural, physical, institutional, factors and technological advancement (Mayer, 2010). Manipulating these factors leads to ... Read More
Pages: 5       Words: 1261

Singapore Market Analysis

Demographic trends With the impact of globalization, countries are becoming important markets for consumer goods, more fundamentally than food products. The government of interest for future global ventures is Singapore, an island country in Southeast Asia. Its strategic location in South East Asia through sea routes is critical for international consumers. Singapore is a densely ... Read More
Pages: 3       Words: 783

Essay on Servant Leadership

Leadership is defined as a state of offering skills that guide a team or an organization. A good leader steers their team in the right direction. The fate of a business, a company, or an organization lies in the hands of its leader or group of leaders. Therefore, understanding different leadership styles are very critical. ... Read More
Pages: 3       Words: 621
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