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External Factor Evaluation for Costco Company

Introduction The EFE Matrix is an important evaluation tool for achieving the organization goals. This helps identify the balance between the available opportunities and the prevailing threats in the industry from an external perspective. The purpose of detecting opportunities and threats is to take advantage of the advantages and reduce the risk that threats entail. In other ... Read More
Pages: 7       Words: 1905

External Environment Analysis Strategy Case Study

Executive Summary Inflation refers to the phenomenon of rising prices and goods in an economy and the rate at which it rises is called the inflation rate. It affects the living standards of the people living in the country significantly. The selected article has discussed the event of the surging inflation rate in the UK. ... Read More
Pages: 10       Words: 2709
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Evaluation of Services That I Consumed Last Week

Public transport service The public transport service did not meet my expectation since the bus was being Overspeed. Though the bus was very comfortable they failed since they did risk our lives as during the high speed the driver had less control and in case of an accident we could have perished. The service failed ... Read More
Pages: 4       Words: 950

Evaluation of How Various Market Research Methods Affect the Results of Product Team Cialis: Getting Ready To Market Case Study

Introduction The world is constantly changing. One of the industries affected significantly is that of business and marketing. Even though there are numerous changes, the need for marketing research remains constant. Marketing research remains an essential tool for effective identification of marketing strategies and evaluation of decisions that involve the use of information. As one ... Read More
Pages: 7       Words: 1704

Ethics and Cultures in Leadership

Introduction Ethics and culture in leadership make the leaders consider the people’s background, experiences, cultures, and religions promoting good leadership qualities. A good leader must practice three important leadership skills that are having a vision, being motivational, and being able to communicate to the people. Vision makes a leader have something great in his mind ... Read More
Pages: 3       Words: 801

Ethics in Accounting

Consider what you have learned relative to ethics and financial reporting. What is the rationale for the calculations/process used to estimate the $180,000 uncollectible allowance? Effective financial reporting requires accounting professionals to observe ethical behavior in the course of their duties. Management and other key stakeholders rely on financial statements to make decisions, so accurate ... Read More
Pages: 3       Words: 742

Characteristics of Successful Entrepreneurs in Malaysia

The two businessmen are Tatparanandam Ananda Krishnan and Vincent Tan. Introduction The famous Malaysian businessman Ananda Krishnan was born on April 1st, 1938, in Kuala Lumpur, Malaysia. A Malaysian conglomerate that incorporates telecommunications, media, oil and gas, power production, and entertainment and property investment is his creation. His net worth is estimated at $6.6 billion, ... Read More
Pages: 11       Words: 2753

Entrepreneurial Marketing (EM) Theory Development and Practice for Growth of Organizations

Executive summary This discussion explains EM theory development and practices for the organization’s growth. EM are activities implemented by an organization to identify opportunities, using innovative risk management approaches, resource leveraging, and value creation to acquire and retain customers. EM creates an idea or product then finds a market, focuses on innovation, risk-taking, proactiveness, value ... Read More
Pages: 9       Words: 2414

Essay on Employee Engagement

INTRODUCTION Employees are one of the most important parts of an organisation. Currently, managers and CEOs are dedicating their financial resources to the growth and development of their human resources, who are the employees. This is because they have known the great impact employee have when they feel motivated and impactful within an organisation. Employee ... Read More
Pages: 10       Words: 2730

Essay on Employee Relations

The Relationship between the Concepts of Employee Voice and Employee Representation  The concepts are ways through which employees make their grievances and views known to the management. They all serve to better employees and boost their performance. More specifically, employee voice refers to the process through which employees communicate their opinions to the employers and ... Read More
Pages: 10       Words: 2539

Using EI Skills To Improve Communication and Professional Relationships

Emotional intelligence (EI) is gaining more appeal, especially with globalization, the rise of cross-cultural, teams, and the growing complexities of interactions in the workplace. Emotional intelligence skills are the key to building strong working relationships given that emotionally charged decisions have to be made in an organization on a daily basis. Emotional Intelligence skills include ... Read More
Pages: 3       Words: 571

Analysis of the Competitiveness of Emirates

Evaluation of the competitiveness in the Airline Industry using the five forces framework The five forces framework is a model created by Michael E. Porter and it explains how five important forces influence an industry’s profitability and attractiveness. These forces can be used to investigate the competitiveness in the airline industry (Dobbs, 2014). Some of ... Read More
Pages: 4       Words: 989

Effective Use of Social Media as a Marketing Strategy

Executive Summary The concern of organizations is to make profits or maximize them, which is the primary purpose for their existence. However, this success depends on engaging customers as much as possible. The current world makes this easy through the increasing use of the internet, which has birthed social media. Therefore, most companies use social ... Read More
Pages: 7       Words: 1812

Group Dynamics and Working in Teams

With the evolution of the concept of team and the increasing importance of teamwork in organisations, a clear distinction between ‘teams’ and ‘groups’ has been made (Demirci, 2018). Humans are social beings and therefore they survive and thrive well when they are part of a group, A group can be defined as a community or ... Read More
Pages: 13       Words: 3419

Effect of Oil Crisis on the Local Economy of Caracas, Venezuela

Introduction Over the past years, petroleum production in Venezuela has significantly impacted its economy and people’s livelihood. Aljazeera reports that oil comprises more than 90 percent of Venezuela’s export revenue (par. 2). According to an economic consultant based in Caracas, the country risked generating less than $8 billion export revenue in 2020, a significant decline ... Read More
Pages: 7       Words: 1869
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