Study "Business / Corporations / E-commerce" Essays 1-55

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Corporate Form of the Business Term Paper

… From the accounting scandals of Enron and Arthur Anderson, to the collapse of WorldCom, the collapse of the mortgage and financial industries, to the outrages of AIG and Bernie Madoff, the headlines are littered with such scandals and failures, and… [read more]


E-Commerce and Business Process Term Paper

… Consumer-to-Peer Networks (C-to-P) business designs are focused on the interaction between peers in online networks and revolves around exchange of online services between peers.

Business Models within Growing e-commerce Areas

How the Web and also the Internet Modified Enterprise: Structure,… [read more]


Ecommerce in Developing Countries Research Paper

… eCommerce in Developing Countries

What are the most important ideas in the two articles?

Both articles and their extensive empirical and theoretical research have a wealth of insights and intelligence that brings e-commerce into a more realistic and pragmatic perspective.… [read more]


Corporation Existed? Establishing Research Paper

… Members of this type of stakeholders are viewed as owners and private risk takers and are the foundation of a free society.

The other type of stakeholder, according to Novak, is based upon the socialist model where each stakeholder considers… [read more]


Business Plan for a Financial Business Plan

… Therefore, CleanDivision will have to set new international strategies while setting up its business in new geographical locations.

B4: Management Structure:

The ownership of the CleanDivision business is in the hands of both the partners. Michael Kothakota is the majority… [read more]


E-Commerce and Business Redesign Term Paper

… Customer loyalty is especially important to the banking business in general. Most people need a real reason to change banks. David Gefen [16] found that customer loyalty to a specific online vendor increased with perceived better service quality both directly… [read more]


E-Commerce Business SWOT

… E-Commerce: Strategy and Considerations

A SWOT team analysis can be incredibly useful to help highlight the goals and motivations of a particular business. When it comes to the task of taking my small business online to develop an ecommerce site,… [read more]


Ecommerce E-Commerce or E-Business Essay

… This wait time closes the door for many impulse purchases as well as for purchases that are needed immediately. Yet, if you have enough time to wait for a product and you already know what you want, online shoppers can generally save a considerable amount of money by comparing prices and shopping online.

SWOT Analysis

Figure 1 - http://www.urbangardensolutions.ca/

The website chosen, Urban Garden Solutions, is a great example of a small website that generates its business by serving a niche market. Its target market is composed of people in urban settings that would like grow their own fruits and vegetables but might not know how. Thus the value added portion of this business is generated by helping this target market by offering a niche product offering, recipes, and instructions to help people get going.

Strengths

Niche Oriented

Informational

Simple

Weaknesses

Expensive

Limited Products

Rudimentary Web Site

Opportunities

Diversify Products

Develop Site

More Marketing

Threats

More Competition

Lack of Exposure

People Purchasing Locally… [read more]


Legal Protection for E-Commerce Essay

… 2003).

Copyright law

This is a law that offers intangible rights offered by statute to the original individual bearing a given literacy or artistic production. The right incorporates authors, musicians, composers, publishers, and many other artistic individuals. The law protects Internet users from infringing into the rights and reputations of these individuals in the Internet market. The law offers the originators of the productions to have all the dominion and right to protect their devices within their reach. Copyright can only be done under specialized cases that give all attention and right to the owner of the devices in the market. Internet use opens ways for many individuals to engage in copyright activities that have not been approved by the law.

Legal or technological solutions that might enhance the transaction of business via the Internet

Internet businesses have become successful with the use of Internet transactions. There is no way in which such businesses can stop using the Internet as the main channel of transmission. One of the legal and technical undertakings that can be used to improve Internet transaction is setting up legal protocols. These protocols offer security measures together with equitable approaches that ensure maximum security and legal acceptance in the business world. Internet security protocols can be set up in order to strike understanding of the uses and consequences of having their use under check. Legal approaches that can be involved include information measures that ensure that every undertaking within the structured services. Moreover, the entire society involved with Internet businesses should have laws and regulations that dictate what is supposed to be done at any place and time while accessing Internet business transactions (Qin, 2007).

References

Plotkin, M.E., Wells, B., & Wimmer, K.A. (2003). E-commerce law & business. New York,

NY: Aspen.

Qin, Z. (2007). Introduction to E-commerce. Berlin: Springer…… [read more]


Sustainable Business Development Research Paper

… Sustainable Business Development

The notion of sustainability has been growing in importance in the global discourse as individuals and decision makers agree on one particular thing: we need to grow in a way that will allow future generations to have their own opportunities as well. With that in mind, sustainable business development becomes a way in which businesses, corporations, multinationals and other economic entities correlate and connect to the concept of sustainability.

This paper will aim to analyze this through the definitions given to sustainable business development and to the way that these definitions actually describe the way companies develop in a sustainable manner. The overall purpose of the paper will be, at the end, to deliver a personal interpretation of sustainable business development and its application in practice.

One direction of definitions of sustainable business development point out that this is a strategy that more and more businesses have adopted that helps them "prosper in sustainable way" (Ethical Marketing Firm website, 2010). This means that sustainable business development is, in one definition, directly linked to profitability. As such, sustainable business development is a way that companies develop taking into consideration "ethical standards" (Ethical Marketing Firm website, 2010).

According to this definition, sustainable business development ties into the main objective of the company, profit maximization, and the relationship between the two is ensured by the customers, who are now care more about the environment and the workers who produce the goods they buy, thus becoming more savvy when it comes to picking providers that take these issues into consideration in the way they grow their business and make profits.

Sustainable business development is also an instrument which marries "economic efficiency with environmental excellence to ensure continued economic growth, while consuming the world's resources and protecting its environment in a way that did not compromise the needs of the future generation" (Stigson, 2000). There are several parts to this definition that are worth discussing.

First of all, sustainable business development is about relating economic efficiency with environmental excellence. Even more extensive than the previous definition that referred to the connection between profitability and sustainability, this definition shows that this relationship goes both ways: the company cannot damage its economic efficiency because of the need to develop in a sustainable manner, but definitely needs to take into consideration the environment when making its business decisions, in a balanced approach.

The second part of this definition relates to the way the company uses resources. A sustainable business development means that the company is using resources in a way that will not damage the capacity of future generations to use what the planet offers them or for them to develop in a way that is consistent with their own aspirations. Bottom line, it means that the company is seriously taking into consideration the fact that resources are limited and that, any time that this is possible, it is advisable for alternative resources to be chosen.

Finally, this definition, as several others, also looks at… [read more]


Business Case Study

… Negative Comments About Children

How do you respond? Is the customer's viewpoint ethical?

I would first start by re-examining our branding and marketing strategy. It seems as though the cafe has made a concerted effort to attempt to foster a community which welcomes children and which makes family feel at home. The coffee shop was not created around a brand that appealed to young and hip students or young and hip urban professionals without children. Thus, this customer's remark represents dissatisfaction by someone who is not even a part of our target demographic. This customer is expressing a fair opinion, as some people genuinely do not like children. However, for the business to acquiesce to the customer's remark would require it to change part of the brand imaging that makes it so compelling. Thus, the business can only respond by saying that we are sorry the client had a bad experience, but that we welcome people of all ages to our stores.

How do you encourage an open line of communication with your customers and still maintain an open forum on your Web site?

Maintaining an open forum on the website is absolutely essential for the good of the company in general. It gives all present and potential customers a sense of honesty and full disclosure. This helps all parties in participation feel as though there is a sense of openness and a certain degree of liberty of self-expression. When there's a feeling of censorship, it can make all parties involved feel as though there is something to hide, a fact which generally does not bode well for the company. Responding to all comments with fairness and with a sense of positivity is the strongest means of dealing with all remarks that customers post.

The Broadway Cafe needs to take advantage of e-business strategies if it wants to remain competitive. Create a document that discusses the many e-business strategies that the Broadway Cafe could use to increase revenue. Be sure to focus on the different areas of business such as marketing, finance, accounting, sales, customer service, and human resources.

3. Explain how understanding e-business can help you achieve success in each of these areas. A few questions you might want to address include

Instilling a legitimate and self-standing e-business strategy at the Broadway Cafe is absolutely essential. This will allow the cafe to have a dual platform to strengthen its level of stability and to allow it to become even stronger. This will also help by increasing traffic both online and in person to the store. One way of doing this is by having merchandise being sold online. Customers should be able to purchase coffee beans, coffee grinders, coffee-makers, coffee-mugs and other materials…… [read more]


Businesses Are the Cornerstone Research Paper

… As globalization continues its rapid advance, LLCs will also be very advantageous to foreign investors. LLCs do not have the ownership restrictions of S Corporations making them ideal business structures for foreign investors.

For U.S. federal income tax purposes, an… [read more]


Optimal Business Forms for Taxation Purposes Research Paper

… ¶ … optimal business forms for taxation purposes in recent years has compelled many businesses to form limited liability companies (LLCs) or S Corporations. Both of these alternatives provide some measures of preferential treatment depending on the unique circumstances of… [read more]


Organization Behavior Business Ethics Essay

… Business ethics may be different when they are discussed for the home country as compared to a foreign country. For example, an organization may utilize the abundant natural resources in its home country without any restrictions. But on the other hand when it enters the new market, it may be totally restricted to consume those natural resources due to their scarcity. If the organization respects the society values, it will avoid using those resources. But if it ignores their high level of scarcity, it will be against the business ethics in that foreign market.

A similar practice is to dump the industrial waste into the sea. Governments of some countries allow the business corporations to dump their waste material into nearby seas. But these corporations must realize that this permission is not given by the government of every country. They must carefully analyze the business environment, the behavior of government towards business organizations, and its concern for environmental protection in the country before entering into that country for business purposes.

CONCLUSION

Business organizations are supposed to follow the business ethics and respect the social and moral norms of the society in which they conduct their business. However, some organizations ignore these norms by adopting such profit-maximization techniques and behaviors that are illegal and unacceptable in the eyes of their Society and the Law.

Based on the arguments presented in this paper in support of the business ethics principles, it can be concluded that business organizations must be strictly constrained with the social norms of a society so that they do not spoil these norms and values. Those who ignore these norms and keep their business running against them, have to bear heavy losses due to boycotts, criticism, and a stained public image. In order to survive in the industry competitively, ensure a sustainable future, and win the stakeholders' confidence, business organizations should not use any profit-maximization techniques or behaviors that may be unacceptable or illegal in the eyes of the society. They should keep their operations running within the set ethical limits and…… [read more]


E-Commerce Placement, Security, and Fulfillment Essay

… E-Commerce Placement, Security, And Fulfillment

The introduction of e-commerce has helped to redefine how businesses operate, how they are set up, and subsequently how they interact with consumers. The rise of e-commerce has forced manufacturers to reconsider how they operate. Companies must consider placement, security, and fulfillment when implementing new commercial strategies.

Several methods of distribution and placement can be employed to deliver goods and services from manufacturer to consumer. The ability to market products via e-commerce allows for the globalization of a good or service. The placement of brick and mortar stores relies heavily on the economic health of an area, as well as the potential for market growth in a geographical location. Unlike brick and mortar stores, product availability is not an issue when purchasing from an e-business. Because brick and mortar stores can only sell the inventory they have on hand, purchasing goods and services directly from the manufacturer allows the consumer to purchase directly from the inventory they have in stock at the warehouse, or manufacturing plant. Purchasing goods and services through the product website also provides access to goods and services not available in the brick and mortar stores.

The advent of e-commerce has also raised awareness of web security and many e-business must take extreme care and implement security. Traditionally, network security focused on keeping "intruders" out through the use of firewalls, selective access can be achieved through authorization and authentication processes in web applications. In order to avoid having to code security features into every application, role-based access control infrastructure software can be implemented. The implementation of these role-based access control software allows for…… [read more]


Business Entity Regulations Term Paper

… Business Entity Regulations in California

There are many business information codes in California that regulate the process of filing, processing and maintaining documents related to domestic financial corporations. The corporation's section of the California government is responsible for reviewing the actions and business transactions of corporations. Among the business information codes governing corporations include the California Corporations Code which is a general code covering the following: stock corporations, nonprofit corporations, public benefit corporations, mutual benefit corporations and foreign or out of state corporations (Secretary of State, 2005).

The California Corporation's Commission can be reached via the Sacramento office located at 1500 11th Street, Sacramento CA 95814. The office currently provides document filing support, legal review, information retrieval and copies, status updates, and a statement of filings office distinctly for filings only. Corporations may also process documents or acquire information via the San Francisco or Los Angeles regional offices.

To obtain an annual filing report for a corporation currently registered in California a consumer can gain online access via the California Business Search or by ordering a status report or copy of the filing report from the state by filling out a business entities records form (Secretary of State, 2005). Copies of filed statements can also be requested by mail or in person via the Sacramento office of the Secretary of state (Secretary of State, 2005).

New Business Entity Regulations

To start a new corporation or business within the state there are many rules and regulations a business will have to address. There are multiple sources available for new businesses to help with filing requirements (Secretary of State, 2005). Most new businesses will have to start with a blueprint of their business…… [read more]


Managerial Impact on Small Businesses Context Term Paper

… Managerial Impact on Small Businesses

Context of the Problem

Today, all businesses are made up of two kinds of constituents: the physical and the non-physical (virtual). The physical constituents are objects such as machinery, building, along with people; the non-physical… [read more]


Internet Business Plan Business Plan

… Internet Business Plan

What does the 'Internet' mean? The Internet is nothing but a global connection comprising of more than millions of computers, linking more than 100 countries from all over the world into a network of a sharing and… [read more]


Business Plan for Main Golfing Business Plan

… With more than 2,000 established businesses in the market without a quality Web site, the first factor is met.

The company's target market includes (but is not limited to) hotels, motels, travel agencies, tourist attractions, tourism-related retail stores, guided tour… [read more]


Aid to Dependent Corporations Term Paper

… As far as my reasoning goes I feel that such important issues, which have great implications for the people, should be handled in a better way. Firstly the government should not sell away all its intellectual properties and with it its say in the operational details of the companies who deliver the services to the public. There should be some kind of supervision and control which the government should exercise to make sure that these vital medical facilities are easily obtainable to the layman instead of their being exploited by the purely profit oriented approach of the private firms. (As was the case in 'Bristol-Myers'). In this way the government can ensure that the ordinary taxpayer would receive the benefits rather than being at the mercy of these profit mongering organizations.

Another contentious issue is the exploitation in the name of subsidization. Though subsidization is offered to boost business I am sure that we have reached a point where it is being used as a means of exploitation. From the past statistics it is plainly obvious that subsidization has resulted in a gross misappropriation of federal resources and loss of revenue. For example in 1995 the government lost around $67 billion in tax in the form of subsidies given to the poor people (which is justified) and what is even more astounding is the fact that in the same period government's subsidy to corporate sectors and the affluent community exceeded $242 billions. [Chuck Collins] I really agree with the author that subsidization has only helped the wealthy people become wealthier. It is thus clear that the government needs to carefully assess all these important considerations before sanctioning aids and special privileges to business corporations.

Conclusion

In conclusion I am convinced that the generality of the current federal laws and rules pertaining to corporate taxing and financing has only proved to be an easy cushion for the wealthy corporate class to maximize their profits and avoid rightful taxes. With the existing subsidies, rules and stipulations it clearly transpires that it is only the average American who is bound and affected by the tax obligations while the so-called wealthy and the corporate giants are evading with impunity leaving a gaping deficit in our national budget. In order to enable the government to successfully implement national welfare schemes and to increase the federal revenue it is essential to amend the rules suitably to check the corporate subsidies. This would definitely ensure maximum tax revenue and hence contribute to the growth of economy of the nation on the whole.

Bibliography

Chuck Collins, "Dollars & Sense," 'Aid to dependent corporations: exposing federal handouts to the wealthy',…… [read more]


E-Commerce Walmart and Business Term Paper

… Using e-business, companies can pay their suppliers almost instantly. (Rekha, 2007)

E-business, however, reduces the level of reliability as the system depends a lot on things that have a probability of crashing. As a result, backups are made to ensure… [read more]


Ethical and Legal Issues Term Paper

… Indeed, most online businesses are only keen to adhere to the minimum legal requirements, and hence few go beyond the set legal limits. A quick check reveals that to confirm the age of the buyer, most online businesses only demand… [read more]


United Parcel Service (UPS) Strategic Research Paper

… The company has acquired sufficient vehicles and airplanes that satisfy the demand for its services. This has ensured that the items to be delivered in different destinations are delivered on time boosting the levels of customer satisfaction in the business.… [read more]


Information System Term Paper

… These challenges include distance, culture, and resources.

There is also increase in the number of hours through which business entities and consumers interact in the market because of integration of information systems and technological management in the modern society. It is ideal to note that e-commerce focuses on utilizing the increased hours of executing the needs and preferences of the consumers and business entities. This is essential in the development of a competitive advantage over the players in the market and industry of operation. E-commerce has the ability to increase the volume of production, manufacturing, distribution, and consumption by the consumers through integration of information systems for the purposes of effectiveness and efficiency. Increase in the number of hours of operation and efficiency in the distribution translate to doorstep delivery of the products and services with the aim of satisfying the needs and objectives of the consumers. Consumers have an opportunity to enjoy increased market size and coverage to satisfy their needs and preferences while avoiding the cumbersome queues especially during holidays. Consumers have the ability to shop for the products and services of need at the comfort of their homes because of the integration of the information systems to the development of the concept of e-commerce and globalization. This has been vital in the creation of ideal relationship and reputation within the market and industry of operation.

Information systems have also been essential in the generation of job opportunities in relation to the rapid development of the concept of e-commerce. This is vital in reducing the case of unemployment in the developing nations thus transformation of the global economy. Increase in the employment opportunities has been critical in increasing the revenues to the authorities as well as integration information systems to improve the living conditions of the citizens across the globe.

Conclusion

E-commerce is one of the advancements in the field of technology with the aim of offering adequate market coverage for satisfying the needs and preferences of the consumers. Information systems have played vital roles in enhancing the performance of the e-commerce in the global field as well as local entities. This has led to the increase in the volume of production and consumption because of the reduced challenges such as culture barriers and geographical distance. Information systems have also enhanced communication between entities and persons in the global market.… [read more]


Strategic Management Mcdonalds Mcdonald's Is the World Research Paper

… Strategic Management McDonalds

McDonald's

McDonald's is the world's largest fast food chain having presence in 119 countries with more than 34,000 outlets and restaurants. The major product offerings include of the company include Big Mac (hamburger), French fries, chicken sandwiches, Quarter Pounder, Chicken McNuggets, desserts, soft drinks, milkshakes, soups, and breakfast items. It has currently employed more than 1.7 million people around the Globe. It was founded in 1940 by Richard and Maurice McDonald as a small Bar-B-Q restaurant in San Bernardino, California. At present, McDonald's is present in all the corners of the world and serves more than 69 million customers every day (McDonald's, 2013).

Importance of Strategic Plan for the Success of McDonald's

A strategic plan is important for McDonald's in defining and achieving its corporate and business level objectives in an effective and efficient way. Strategic planning can help McDonald's in matching its core competencies and distinctive capabilities with the most potential opportunities in the marketplace (Hitt, Ireland, & Hoskisson, 2011). These opportunities can be availed in order to become stronger, more profitable, and competitive against industry rivals. A strategic plan serves as a roadmap for the top level management of the company on how they can proceed in the industry in a view to win the stakeholders' trust and confidence. It takes into account all the operational and functional areas which McDonald's needs to focus during its day-to-day business operations -- including finance, sales and marketing, human resources, production, supply chain, and customer relations. On the basis of strategic planning, the Company's management can better allocate financial, informational, physical, and human resources in different areas (Hill & Jones, 2012).

Mission Statement

The mission statement of McDonald's is to become the most favorite fast food brand among the worldwide customers by providing the top quality foods and beverages, rendering the most efficient customer services, and ensuring operational excellence in all the functional areas of the business. Thus, the mission statement of McDonald's encompasses its concern for all the primary stakeholders which can play an important role in its success. Customers -- the most important stakeholder of the company are given the highest priority in the mission statement due to their significant contribution in its sales and financial performance (McDonald's, 2013). On the whole, the mission statement of McDonald's guides its Management in setting the areas of priority and concerns in every type of strategic decision (Hitt, Ireland, & Hoskisson, 2011).

The Vision Statement

The vision of McDonald's is to maintain its market leadership in the global fast food industry by continuously expanding its operations in the potential markets of the world. It also aims to become the strongest multinational corporation on the basis of financial position, customer base, supply chain and distribution network, and menu variety in both foods and beverages category. The vision statement of McDonald's supports its mission statement by highlighting its strategic or long-term objectives which it wants to achieve by satisfying the needs and expectations of its primary stakeholders; including customers, employees, supply… [read more]


Strategic Management Report Essay

… Strategic Management Report

Toyota Motor Corporation

Toyota Motor Corporation is a Japanese multinational automobile manufacturer headquartered in Toyota City, Aichi, Japan. It is one of the world's largest automakers on the basis of revenues, scale of operations, and vehicle production… [read more]


Amazon, Ebay, and Craigslist Term Paper

… Purchase Decision Parameters:

Keeping in view these different business strategies of Amazon, eBay, and Craigslist, a buyer can make choice among them depending upon his need, product availability, and his own available resources. For example, if he has to buy… [read more]


International Management When Businesses Go Term Paper

… After establishing its presence in these cities of the country, Fast Communications can expand its operations to other cities and towns in order to grow on a continuous basis.

4. Technological Forces:

Fast Communications operates in the telecommunication industry. Therefore,… [read more]


Tax Managing the S Corporation Research Paper

… It does not matter that no transition from one type of corporation to another occurred, what matters is that the gain was transmitted. Due to the nature of an S corporation, the government is very particular in how a company… [read more]


E-Commerce and Globalization Essay

… E-Commerce and Globalization

Over the last two decades, e-commerce has experienced exponential growth as businesses seek to capitalize on the growing popularity of the internet. In this text, I analyze how e-commerce is applied in McDonald's and how the organization can derive competitive advantage from e-commerce. Further, I describe the function of electronic commerce with a special emphasis on McDonald's.

How E-Commerce is applied in McDonald's

In basic terms, e-commerce can be said to be the use of the internet for purposes of conducting business. Over time, McDonald's has come to embrace e-commerce in its mode of conducting business. In the year 2000, the company claimed a share of e-commerce by investing in food.com, an outfit that concerns itself with food delivery and takeout services (online). The deal according to McDonald's allowed the organization to connect its brands and clients in an innovative way (Enos 2000). It can also be noted that with such an alliance, McDonald's has over time been able to enhance home delivery services for its products.

Over the last few years, e-commerce has inspired significant innovations in a number of areas including inventory management and funds transfer (electronic). Reading the trends, McDonald's has been expanding its utilization of electronic payment systems starting with the acceptance of the cash-free keytag system earlier on in the year 2001 according to Mucaluso (2001) and most recently, the partnership with IBM which further enhanced the organization's cashless payment approaches.

How E-Commerce Can Provide Competitive Advantage for McDonald's

Essentially, competitive advantage can largely be taken to be the ability of an organization to stay ahead of the competition and in basic terms, it can be looked at in terms of product differentiation, focus and cost leadership as outlined by Michael Porter. For instance, by utilizing e-commerce strategies, McDonald's can bring down costs significantly in such a way that it attains cost leadership. Cost leadership is all about becoming a low-cost manufacturer…… [read more]


Financial E-Commerce Research Proposal

… e-Commerce

The Impact of e-Commerce on Mass Customization and Revenue Growth

The progression of e-commerce continues to result in more innovative concepts, frameworks, and models of process integration and improvement being developed. One of the most fascinating is the ability… [read more]


Business Ethics Term Paper

… Business Ethics

There are not too many greedy people who want to live a life of greed or the overwhelming desire to acquire and sit on top of piles of money (Putnam 2003). Most people just want to live in convenience, send their children to school and avoid financial stresses. The clash between principle and profit in business, win the struggle against the temptation of greed and make a principled stand may involve certain considerations and steps. The business person must be clear about his ethical principle or philosophy on money matters and this should be the foundation of his business. Then he must establish and confront what is most important in his life. Children form values from what their parents show and teach them. These values vary among individuals. Wants can be considered needs, and a person can learn and grow up to pursue wants and desires hard and never get satisfied. This tendency can dominate a person and spill over to his adult life or business. The pursuit of material acquisition can become the essence of his ethical decisions in business. Such a person must come to terms with his greedy attitude, which will eventually lead to his loss. He will lose customers and honest employees. But a person in business may not have to choose between principle and profits by developing the proper perspective or viewpoint regarding money and observe his ethical principle while making fair profits (Putnam).

Unprecedented major changes in society have been modifying the way people view the good life and among the forces shaping that view are globalization and the resulting cultural differences, new communication technologies rapidly transmitting information worldwide, the increasing gap between the rich and the poor, and the decreasing autonomy of national governments (Ping 2001). More and more people expect business corporations to take the responsibility of addressing current social issues. Findings of studies revealed that there is a place for principles and profits and corporations have become more aware of their social responsibility. More and more businesses see that the key elements to competitiveness are employee productivity and innovation, when employees become most enthusiastic, productive and creative in evolving new ways of doing things. This requires an entirely new vision expressed in a mission statement, which details the values and principles to guide the organization. These will have to defocus from hard values, like profitability, accountability and efficiency, to more holistic values, such as freedom, fun and well-being of employees. Expected outcome will consist of better working environment for employees, which in turn, will result in increased profits from their greater productivity and innovation, a higher standing in the community through corporate involvement, and a new corporate image, which will attract more qualified people who want to work in a more fulfilling and empowering environment. This seems the time when business organizations must re-evaluate the way they do business and how they must chart the future (Ping).

Psychologists studied how creative professionals can remain true to their goals, art… [read more]


E-Commerce Name a Company Term Paper

… E-Commerce

Name a company that has been a success in e-commerce. Why is it a success?

BASF Company is one of the many companies who have been successful on its e-commerce business. As early as 2004, the company has already earned more than 2.65 billion just on its e-commerce sales. Base on records, the said sale has gained an astounding 70% growth as compared the performance of the company during the same period of the year 2003.

The success of e-commerce of BASF Company can be attributed to the strategies that the management has used and has been continuously using. It strategically did not go with the internet hype that bombarded the new millennium.

Instead it opted to fine line the business' e-commerce structures first. All operating divisions of the company streamlined its e-commerce activities. Not only did it focus on highlighting its e-commerce business, the company also focused on reaching the customers and making them aware about BASF's newly established e-commerce.

Customers were given easy online access to BASF's product information. More so, the customers are given access to the safety data sheets of the company and even with the portal where they can obtain technical help regarding the company's products. This made the customers feel that BASF's e-commerce business can go beyond 'simple order processing system' (M2 Presswire, 2004).

Name a company that has been a failure in e-commerce. Why did it fail?

Boxman Company, on the other hand, is one among the few, who failed in the e-commerce business. It must be noted that Boxman was selling CDs, games and copies of various films over the internet (Telecomworldwire, 2000). The products itself were the very reasons why Boxman's e-commerce business was a big failure.

CDs, games and films can be easily copied, much less, forwarded or sent to a lot number of people. One buyer is enough for the whole product to be replicated over and over again. This may be called piracy but people are really doing it now. Moreover,…… [read more]


Small Business Term Paper

… Small business is an essential component to economic progress in nations throughout the world. The purpose if this discussion is to focus on the following perspectives, the theory of small business, the definition of a small business, and the advantages… [read more]


Successful Business Strategy Implementing Term Paper

… Business strategy implementation should thus incorporate organizational goals and objectives that have to do with maintaining and observing customer loyalty, satisfaction and preferences over time as a result of key initiatives related to implementation and progress.

Conclusions/Analysis

The successful implementation of a business strategy can be accomplished when members of top and middle management, and key employees work together in a manner that is supportive of company objectives and goals. For a business strategy to be implemented successful, management and employee buy in is a critical component toward success. In addition, corporate objectives and goals must be developed that are directly linked to the implementation process, so that managers have a mechanism for monitoring process during each stage of the implementation process.

Open communication is another vital element of successful implementation. When employees, customers and managers are well informed, problems are less likely to occur during key implementation phases.

Lastly, for a business strategy to be successfully implemented it must be monitored over time and it must allow the company to connect in some manner with the customers. The customer will ultimately provide feedback regarding business strategy implementation and allow top level managers to assess whether or not the company's goals and objectives were adequately satisfied during the implementation process. Customers can be surveyed in order to gain information about the implementation process.

References:

Birnbaum, B. (2004). "Implementing Your Business Strategy." Birnbaum Associates.

Retrieved 10, December 2004: http://www.birnbaumassociates.com/implementing-strategy.htm

Cappelli, P. (1999). "Employment practices and business strategy." New York: Oxford.

Tactica Consulting. (2000). "Strategies." Tactica Consulting Group LLC. Retrieved 08,

December 2004: http://www.tacticagroup.com/strategy.htm…… [read more]


Consumer Web Site Design: Purchase Term Paper

… Practitioners as Audience

Web developers, consumer-oriented web sites, and companies with heavy Internet-reliance for market share results will benefit greatly from increased quantitative and qualitative research into this area. In spite of the byzantine and clearly confusing statistical tracking process… [read more]


Company in America With Headquarters Term Paper

… Conversely, the company lacks physical presence like other retailers such as Wal-Mart and Target, where people are able to see and touch the products while buying them instantly (Jurevicius, 2013). The other weakness is the problem of currency exchange rates… [read more]


Cultural Distance Essay

… This means it would be less expected to acknowledge a higher organizational culture as McDonalds (Tallman, 2007). In any case, the popular fast food organization devised a workable plan to succeed and survive the Nippon market courtesy of some strategies.… [read more]


External and Internal Environments Term Paper

… are present in all the target markets where McDonald's operates. These top-notch competitors serve the same consumers around the Globe and offer similar products and provide highly efficient customer services. In the presence of this threat, it is harder for… [read more]


E-Business We Have Experienced Financial Market Meltdown Research Paper

… E-Business

We have experienced financial market meltdown and global banking crisis. Why is e-commerce important in these difficult economic times?

There are many positive aspects of e-commerce that lessen the shock of economic turbulence and uncertainty. The financial market meltdown… [read more]


Corporation Under the American Legal System Corporations Essay

… ¶ … Corporation

Under the American legal system corporations are generally divided into two basic categories: 1) for profit; and, 2) nonprofit. The form that is most popularly used is the profit category and it is the form used to… [read more]


Promising Phenomenon Dissertation

… ¶ … promising phenomenon that lends itself to call centers' ability to improve their own and their other business units' efficiency is the employment of crowdsourcing. Crowdsourcing is an online, distributed problem solving and production model already in use by… [read more]


Starting Online Store Term Paper

… Online Store

Business

CONCEPT

TYPE of Business: More consumers than ever before are jumping online -- and buying online. That's because more consumers are comfortable buying goods via Web sites. In fact, recent studies indicate that even consumers with three… [read more]


Marketing Business Term Paper

… Marketing, Business to Business Marketing

Ranging from the different needs between a business and an individual consumer to the larger size of trades (both in terms of volume and in terms of financial value), the B2B marketing and sales activity differs from the B2C commerce through the different challenges it poses. This is also the case of B2B in Australia, where the challenges of B2B have brought about a tendency to choose e-procurement and online B2B a mean to increase the efficiency of the process and reduce overall costs.

The most simple instrument used in B2B is the website, where the company presents the most important details related to the activity it provides and to the products it offers. The Ford Motors website for Australia has a special section dedicated to business clients and representing an excellent example of B2B marketing (http://www.ford.com.au/servlet/ContentServer?cid=1137384211055&pagename=Page&c=DFYPage).The site splits the customers into two distinctive groups: corporate, government and rental customers; and small and medium customers. For each, the company provides information on how the clients can benefit from services provided by the Ford Business Centre and how it can qualify for a National Fleet Plan.

B2B provides several particularities over the usual B2C activity and this is also self-evident in Australia. First of all, B2B almost always implies the existence of an e-marketplace. An e-marketplace can be defined as "an electronic exchange where firms register as sellers or buyers to communicate and conduct business over the Internet." The e-market is however more than a simple electronic location for buyers and sellers to meet and commit to the exchange. A professional e-marketplace will also provide the assistance needed before and during the exchange and will create the overall conditions by which the buyer can lower his purchase cost and the seller can lower his overall cost of sale.

In Australia, one of the best examples of interactive marketplaces is the Australian Automotive Network eXchange (AANX). This marketplace is a private marketplace, accessible to a limited number of customers, and intended to ensure a "platform for conducting domestic and international business-to-business (B2B) e-commerce activities."

This e-marketplace provided the online connection between vehicle manufacturers and suppliers. Traditionally, vehicle manufacturers would have needed to contact a number of suppliers (most likely, they would have retained the same supplier for a longer period of time, because of high cost that change would have implied, rather than transfer to another supplier) and contract physically all the purchases they wanted to make.

With the AANX, "online data connectivity between participants for a range of applications" is made possible. Automotive producers, such as Ford Motors, Mitsubishi or Toyota are put in contact with suppliers such as Air International, Tenneco Automotive or Plexicor. This participation to the private marketplace reveals some of the important differences between the marketing and sales in the case of industrial products and sales in the case of consumer products.

First of all, the activity in the case of automotive producers is repetitive. This means that their involvement in this… [read more]


Legal Nurse Consultant Term Paper

… Legal Nurse Consultant Business Plan

First form a good plan, Franklin, (1868 (1996) stresses. Then, for an individual to help ensure his/her businesses' success, according to Franklin, (1868 (1996), he/she needs to: "make the execution of that same plan his… [read more]


Corporate Social Responsibilities Term Paper

… ¶ … responsibility of companies has historically been defined in purely economic terms. For example, Friedman (1990) considered maximization of shareholder wealth as being the sole objective and responsibility of a well-managed company. This perspective, though, generally viewed corporate social… [read more]


Strategic Advantage Goold and Campbell Term Paper

… "

In order to better understand the Parent, Goold/Campbell propose a "systematic review of its characteristics in five categories." First, the authors take into consideration the mental maps of the Parent (i.e. values, aspirations, rules of thumb, biases and success… [read more]


Business Strategy Commonly Refereed Term Paper

… Jay Herbert, in his article "Where have all the Smiles Gone?" writes,

Whether the item is a high-tech one like a semiconductor chip or the lowest of the low-tech1/4" hex nut-supply and demand theory still operates today. And there is simply too much fastener production capacity in the world for the current demand. Thus inventories grow and prices drop.

In right to work states, specific jobs can become repetitive, redundant, and some unions do not allow workers to move from one sector of production from another. Inflexible unions in right-to-work states can actually prohibit the implementation of JIT, as well as other new ideas and theories. Although higher prices could ultimately benefit the worker through better benefits and higher wages, it is sometimes hard to initiate, especially in a tight economy where skilled, reliable workers are difficult to find.

Moving jobs overseas, where the labor market is not so tight and the labor unions are not as strong may seem like a good answer. However, this is not always the case. Moving jobs overseas can increase costs. Furthermore, many companies require skilled labor that can only be found in any quantities in the west.

New ideas can be difficult to implement, but the rewards can be great, as the Hewlett-Packard found out when it implemented JIT theory. There are many stumbling blocks in implementing any new business idea, such as cost, time, habits, and resistance to academic ideas, or labor itself. There are ways around these problems, however, and if carefully thought out, the rewards can be great for companies that are willing to take calculated risks by spending the time, money and other resources to work around the issues.

1000 ventures.com, 2001

Barkow, 2001

McGill, 2002

Total Knowledge Management, 2002

Economic Reform Today, 2000

Herbert, 2001

Bibliography

Barkow, Tim, "What's a Business Plan? http://www.webreview.com,2001

Herbert, Jay, "Where Have all the Smiles Gone?" Industrial Distribution Vol 90, No 11, 2001, p F5

Improving the Workforce Performance." Global News Wire. February 28, 2002.

JIT http://www.Intranet.Management.mcgill.ca.

JIT Manufacturing. http://www.1000ventures.com,2001.

The Business Model of the New Economy: An Interview with Dr. Charles Oman."

Economic Reform Today, 2001, No1.

Steps in Mainstreaming Knowledge Management. http://www.totalkm.com2002… [read more]


Corporate Governance in the US Term Paper

… I agree with Manne's viewpoint that the law should be abolished. I believe without laws and regulations, fraud, and misconduct in companies will increase. There will be no rules to govern companies and managers as well as executives will take advantage of this fact. They will misappropriate the finances, and in the end will reduce the sales of products. This will greatly hurt the economy. However, the ethical code of conduct stipulates that abuse of office is illegal and that anyone who participates in abuse of office should be severely addressed.

He further claims that regulations failing to detect major problems must be eradicated. He says that regulations intervene in trivial issues. I believe that the lack of laws and regulations will give employees the leeway to do that which they believe it is right even when it is not. This will increase problems in corporations and will violate the code of ethics. Equality of all the members of the corporations will be disregarded. This will increase the animosity between the employees and in turn affect the performance in the end (Manne, 2003, p. 1384).

Manne also criticizes the government efforts to safeguard the rights of stakeholders and shareholders. This is in line with the moral principles that claim that all individuals need to equal treated. He supports his arguments by claiming that the government intervention does not treat everyone equally, and that it increases the administrative burden on the board as well as the management. This argument accommodates the ethical principle where everyone's decisions and rights need to be safeguarded (Ray, 2011, p. 7).

Every state is given the mandate to enact their own laws and some states such as Delaware misuse this freedom. For example, Delaware law denies the stakeholders to air out their views in the management and operations of the company. Civil law suits are shielded concerning control and management of stakeholders. For this reason, minority shareholders may be harmed. Shareholders are also forbidden from challenging the decisions made by the board. The board has control over the nomination of board members and excludes minority shareholders. For this reason, they violate the ethical code of conduct where freedom of speech is compulsory. This leads to numerous financial misappropriation cases (Manne, 2003, p. 1386).

Manne supports the unregulated system like those offered in Delaware. He claims that it gives the management the powers to control and manage shareholders. However, I do not approve of his proposal of an unregulated system. This is because it gives the management the leeway to carry out unscrupulous activities without regards to the rights and freedom other individuals in the corporation such as shareholders. Manne is interested in safeguarding the rights of investors only. However, ethical principles are vital for the smooth running of the corporation. The unregulated system that is being proposed by Manne would not safeguard the constitutional rights to prevent the manipulation of minority shareholders and investors. It would not prevent abuse of office and power (Ray, 2011, p.… [read more]


Operations Management Essay

… 4) Describe the categories of operational information systems and management information systems and provide business examples of their use

Operation information systems are used for more routine and daily tasks of a business. Although routine, these daily tasks are critical to the proper functioning of a business. Categories include:

Transaction processing systems- Transaction processing systems are systems that record and process data from operational transactions. A very common form of this system is used within the financial services industry to record debits and credits on checking or savings accounts.

Office Automation systems- This system is used primarily for administrative task that involve multiple stakeholder groups. The service industry, in particular relies heavily on office automation for video conferencing, and other firms of communication. Office automation is critical for the rapid exchange of pertinent information within any industry. Examples may include, a retail conference call outlining holiday sales initiatives.

Process control systems- Process control systems are important to manufacturing firms that need to increase efficiency and volumes by reducing error. Process control systems include many of the concepts mentioned above including FMS and CIM.

Management Information systems support tactical decisions that are often unique to a particular business or industry. Categories include:

Decision Support Systems- These systems are used to help facilitate problem solving on company specific issues. This system relies heavily on models to help determine the best course of action for a company. Financial firms use this system to anticipate how changes in interest rates can impact their loan portfolios over time.

Information Reporting Systems- These systems are more specific as they provide information that can be used on daily basis to aid in the decision making process. An example would include daily sales figures for a particular retail product category.

Executive Information Systems -- These systems include more of the high level information needed to form strategic initiative for the overall company. Information such as sales demographics can be used to determine where firm's customers are located and how to properly market to them.

5) Explain the relationships between the concepts of ecommerce and business

Both ecommerce and ebusiness are intertwined in regards to their overall relationship with one another. Ebusiness relies extensive of automating processes through the internet. Aspects such as human resources, marketing, and finance can now be conducted through "cloud" based infrastructure. Through use of the internet companies can now better market their products while also streamlining processes and eliminating bureaucracy. For example, customers can now pay for products online through services such as PayPal or Google Wallet.

Ebusiness ultimately helps facilitate ecommerce. By providing the proper security and infrastructure, customers are now able to purchase however and whenever they would like. The internet also provides information advantages for particular businesses, while creating issues for others. Aspects such as price can effortlessly be viewed by perspective customers. This allows the low cost producer to benefit at the expense of the inefficient operations.

Ecommerce is business that is conducted over the internet. Common forms include purchasing… [read more]


CIO- Strategist and Executive Term Paper

… CIO as strategists uses the strong strategic plans in making financial plans and developing organizational priorities. With a prioritized plan, stakeholders are capable of articulating their demands without obstacles. This also allows engagement of new investors based on the transparency… [read more]


Management Wal-Mart's Challenges Term Paper

… Reports indicate that its culture and the misreading of the competitors led a series of bad decisions in the global business (Brunn, 2006).

Destroying Small Businesses

By becoming the leading global retailer, Wal-Mart is obsessed with numbers. After all, the… [read more]


Supply Chain Management in Fmcg Term Paper

… The focus of business in terms of reaching out to new opportunities for growth is also a notable factor in reducing business challenges faced in current environment. Large product volumes and increased customer preferences effects global manufactures and distributors. The… [read more]


Corporate Social Responsibility (Csr) Research Paper

… They are also responsible for reducing the cost of production that is being borne by the society generally known as social cost. In addition to that the organizations are also responsible for increasing the efficiency of the labor force at… [read more]


Sole Propriatorship Sole Proprietorship Changing Term Paper

… Changing a company organization from a sole proprietorship to a corporation

Advantages

The main advantage of transforming a sole proprietor business into a corporation is because of its liability protection. When a business exists in the form of a corporation, it shifts its responsibilities over debts and liabilities to a more generalized avenue. Corporations, just like LLCs, have a higher chance of welcoming more investors and partners to the business unlike with sole proprietors. Corporations are more secured and flexible to work with unlike sole proprietors. Corporate businesses have more than one owner. In such a case, business activities are done over a wide field through different owners who participate in relaying success to the system that makes up the corporation. Moreover, business corporations offer self-employment tax savings, unlike sole proprietorships. Apart from having a continuous life, corporations are endowed with easy ways of raising money. It becomes easy when transferring interests of a corporate business (Spadaccini, 2007).

Disadvantages

Establishing a business corporation is more expensive than owning a sole proprietor business. This comes in the form of establishment capital and maintenance finances. Corporations have many formalities to be left at hand in order to have a secured continuity. For instance, tax payments for documentation and existence are necessary. Moreover, corporations, unlike sole proprietorship, are liable to unemployment insurance.

Recommendation

Sole proprietorship is a one way of establishing corporate companies and LLCs. Companies should move from a sole proprietorship to LLCs in order to stand continuity, security, and expansion in the market. It is hard for sole proprietor businesses to be established under single ownership. Therefore, the challenges embraced during transformation are of influence as compared to the benefits accrued when the company has a well established LLC or corporation in the market.

Reference

Spadaccini, M. (2007). Business structures. Irvine,…… [read more]

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